Market update Courtesy of David Beveridge Ray White Upper North Shore
As we move through April 2026, the Upper North Shore property market is transitioning into a more strategic and segmented environment, shaped largely by economic conditions rather than any change in underlying demand. Over the past 12 months, we’ve seen a moderate adjustment in pricing, with many homes now trading approximately 4–8% below peak levels. This shift is consistent with broader Sydney trends, where higher interest rates have reduced borrowing capacity by an estimated 10–15% for many buyers, directly influencing how they participate in the market. Importantly, this is not a demand issue. The fundamentals of the Upper North Shore remain exceptionally strong, supported by leading schools, transport infrastructure and long-term owneroccupier appeal. We are now seeing demand concentrate at specific price points. Research shows that lower and mid-priced segments are currently outperforming premium markets, with more affordable homes experiencing stronger competition due to constrained borrowing capacity. This is creating a clear divide across the Upper North Shore. Homes that are well-located, well-presented and priced in line with current expectations continue to generate strong engagement, often attracting multiple buyers early in a campaign. In contrast, properties positioned above market expectations or requiring significant improvement are taking longer to transact. At the same time, broader economic conditions remain influential. Inflationary pressures and rising global energy costs are increasing the likelihood of interest rates remaining higher for longer, which will continue to shape buyer confidence and borrowing power throughout 2026. We are also expecting a gradual increase in stock levels as some households and investors respond to higher holding costs. More supply will create greater choice for buyers and reinforce the importance of strategy for sellers. Last quarter I continued to deliver premium outcomes for homeowners across the Upper North Shore through strategic marketing, tireless negotiation, and an unmatched local network. In a transitioning market such as this, experience matters. When properties are aligned with current conditions and launched with a clear strategy, buyers remain ready to act decisively. Understanding where your property sits within this more selective landscape is key to achieving a premium outcome. If you’re considering a move this year, a tailored approach to pricing, presentation and timing will make all the difference. A MORE STRATEGIC MARKET EMERGING David Beveridge 0411 225 167 david.beveridge@raywhite.com
FAST FACTS Source: Pricefinder 2026 1. NUMBER OF SALES HOUSES JAN - MAR 26 JAN - MAR 25 ST IVES 39 49 ST IVES CHASE 8 6 3. AVERAGE SALE PRICE HOUSES JAN - MAR 26 JAN - MAR 25 ST IVES $3,214,718 $3,622,222 ST IVES CHASE $2,808,125 $3,044,167 4. HIGHEST SALE PRICE HOUSES JAN - MAR 26 JAN - MAR 25 ST IVES $6,318,888 $6,680,000 ST IVES CHASE $4,050,000 $3,560,000 HOUSES JAN - MAR 26 JAN - MAR 25 ST IVES $3,060,000 $3,252,000 ST IVES CHASE $2,660,000 $3,050,000 2. MEDIAN SALE PRICE
RECENT SALES BY DAVID BEVERIDGE 18 Monterey Street, St Ives 6 Greenhill Crescent, St Ives 35 Dalton Road, St Ives 42 Toolang Road, St Ives 10 Carbeen Avenue, St Ives 12 Windsor Place, St Ives SOLD $3,050,000 SOLD $2,670,000 SOLD SOLD $4,050,000 SOLD $3,060,000 SOLD $2,910,000 5 3.5 2 5 2 2 4 3 2 6 3 2 5 3 3 5 2.5 2
PREPARE YOUR HOME FOR AN AUTUMN OR WINTER SALE Curb Appeal: Utilise the natural beauty of Autumn foliage to enhance your property's curb appeal. The cooler months can be a great time to sell your home, offering unique advantages. Here are some tips for making a sale in either Autumn or Winter: Focusing on these aspects can help sell your home effectively in Autumn or Winter, leveraging the season's unique selling points. Reach out to my team today to learn how to maximise your selling price. Maintain Exterior: Keep up with lawn maintenance, rake leaves regularly, and ensure pathways are clear and well-lit. Enhance Outdoor Spaces: Make your garden appealing with simple updates and demonstrate how outdoor areas can be enjoyed year-round, possibly adding features like fire pits or outdoor heaters. Warmth: Keep your home warm during opens inspections, so your home feels inviting to prospective buyers. PREPARE YOUR HOME FOR AN AUTUMN OR WINTER SALE
A WORD FROM MY CLIENTS Super hard working “We selected David to help with the sale of our property in St Ives - he was genuinely engaged from the very beginning, and so helpful in working with us every step of the way to get us a great outcome. I really appreciate his honest and genuine style, and super hard working attitude. We have experienced a few different agents, and David was definitely at the top of the list - highly recommend him to other vendors.” VENDOR - 42 TOOLANG ROAD, ST IVES Excellent understanding of the local market “Throughout the process of selling our home, we found David to be very professional, honest, reliable and he kept us informed every step of the way. David has an excellent understanding of the local market and went the extra mile to ensure we got the best possible result. I would have no hesitation in recommending David to any prospective seller.” VENDOR - 10 CARBEEN AVENUE, ST IVES Honest and re-assuring “David helped us through the whole selling process by giving us daily updates on any offers, discussions that he had with prospective buyers. It was not an easy sale due to the slope of the land and so many buyers were investors or developers only looking for level land to knock and re-build on. He was honest and re-assuring about the property value and stuck with it even though there were not many offers.” VENDOR - 35 DALTON ROAD, ST IVES David Beveridge 0411 225 167 david.beveridge@raywhite.com CHAIRMAN’S PERFORMER 24-25 Roseville 39 Hill Street Wahroonga 18 Railway Avenue St Ives 237 Mona Vale Road Hornsby 45-47 Hunter Street Pennant Hills 1 Hillcrest Road Ray White Upper North Shore Head Office: 2 Turramurra Avenue, Turramurra raywhiteuppernorthshore.com.au
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