Market update Courtesy of David Beveridge Ray White Upper North Shore
Strong market performance amid national momentum As winter settles in, the Australian property market has maintained its momentum. Over the April to June 2025 quarter, Sydney house prices rose by 1.3%, reflecting ongoing demand and tight supply conditions in key suburbs. Across Ku-ring-gai, house sales during the April to June period remained robust, with multiple properties in St Ives, Turramurra, Wahroonga, and Gordon surpassing the $6 million mark, reinforcing the area’s reputation as a stronghold of Sydney’s prestige market. The consistent demand for high-end properties reflects ongoing buyer confidence and a readiness to invest in quality real estate, contributing to upward pressure on prices and solidifying Ku-ringgai’s status as a premier destination for luxury living. Several recent transactions also highlight properties selling purely for land value, indicating strong underlying demand for development or renovation opportunities. The right property continues to command a premium, with land-rich assets in blue-chip locations achieving standout results. These results not only set new price benchmarks locally but also influence the broader Sydney prestige market, raising expectations for the remainder of the year. My key highlights • I sold 14 properties through the first half of the year breaking 5 street records. Total sales of $40,531,000. • Maintained active engagement across multiple sponsorships, with a continued commitment to supporting St Ives North Public School and broader community initiatives. • I received multiple industry awards due to my deep local knowledge and expert insights. Market outlook: Winter into Spring The remainder of winter is expected to remain active, with demand outpacing supply across many segments. Interest rate cuts have improved conditions for buyers, and listing activity is likely to build as we head into spring. For sellers, there’s a valuable opportunity to get ahead of the seasonal uplift and take advantage of current market strength. If you’re thinking of selling, my team and I use detailed buyer insights to drive competition and negotiate from a position of strength, so you get the best price. Book your property appraisal now. INSIDE THE MARKET: WINTER EDITION David Beveridge 0411 225 167 david.beveridge@raywhite.com
FAST FACTS Source: Pricefinder 2025 1. NUMBER OF SALES HOUSES APRIL-JUNE 2025 APRIL-JUNE 2024 ST IVES 56 57 ST IVES CHASE 16 15 3. AVERAGE SALE PRICE HOUSES APRIL-JUNE 2025 APRIL-JUNE 2024 ST IVES $3,706,014 $3,389,577 ST IVES CHASE $3,128,938 $3,190,200 4. HIGHEST SALE PRICE HOUSES APRIL-JUNE 2025 APRIL-JUNE 2024 ST IVES $7,821,000 $6,505,000 ST IVES CHASE $6,802,000 $5,300,000 HOUSES APRIL-JUNE 2025 APRIL-JUNE 2024 ST IVES $3,455,000 $3,014,160 ST IVES CHASE $2,855,000 $2,960,000 2. MEDIAN SALE PRICE
RECENT SALES BY DAVID BEVERIDGE 10 Snowden Place, St Ives 74 Collins Road, St Ives 3 Aurora Drive, St Ives 9 Greenhill Crescent, St Ives 52B Toolang Road, St Ives 2 Windsor Place, St Ives 23 Putarri Avenue, St Ives 2A Richmond Avenue, St Ives PRICE NOT DISCLOSED SOLD $2,900,000 SOLD $2,300,000 SOLD $2,810,000 SOLD $2,070,000 SOLD $2,960,000 SOLD $3,171,000 SOLD $2,375,000 4 3 2 4 3 2 3 2 2 5 4.5 3 4 2.5 2 4 2 4 4 2 2 5 3 2
HORNSBY WAHROONGA TURRAMURRA ST IVES ROSEVILLE MANLY MONA VALE PENNANT HILLS PALM BEACH ELANORA HEIGHTS THE POWER OF MORE: MORE BUYERS. MORE INSIGHT. MORE VALUE. Ray White Upper North Shore & Northern Beaches is a cohesive powerhouse of 10 offices and 120+ professionals, giving your property unmatched access to Sydney’s largest local buyer network. We meet more buyers than anyone else, driving stronger competition and better prices. With deep market data, we know where buyers are coming from and how to reach them early. And because we understand their history, motivations and offers, we negotiate from a position of strength; to secure the best result for you. raywhiteuppernorthshore.com | raywhitenorthernbeaches.com W A4 Portrait RRR vendor flyer w Map.indd 1 16/6/2025 9:18 am
A WORD FROM MY CLIENTS Genuine, caring and hardworking “David is a fabulous person to work with - friendly, very genuine, caring, and hard working. He listened carefully to our needs, took great care to pay attention to details during the sale and we felt very supported by him during the sale process. I can’t recommend him highly enough.” SUSAN C - 9 GREENHILL CRESCENT, ST IVES Target sale price achieved “David’s selling strategy worked and he achieved our target sale price. Always available with regulator updates on progress. Thank you David and Felicity for your professional approach and result.” CHRIS H - 3 AURORA DRIVE, ST IVES Exceeded our expectations “David completely exceeded our expectations as our agent. We first met him a couple years ago, and in that time it was clear that he had an excellent understanding of the St Ives property market and made it an easy choice for us to list with him. We found him to be genuine, kind and highly supportive throughout the sale process. He worked in a truly collaborative way to ensure we achieved the best result. Thank you David and Felicity!” ALICIA B - 23 PUTARRI AVENUE, ST IVES Excellent sales service “David provided excellent service from start to finish. He was knowledgeable about the market in our area, and provided excellent advice throughout the sales process. He also handled the negotiations between multiple applicants and provided peace of mind that he would get the best outcome for us.” DAVID K - 2A RICHMOND AVENUE, 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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