Allambie Heights homes in hot demand, with prices rising

If you’re a homeowner in Allambie Heights and you’re thinking of listing your property for sale, there has never been a better time to put your home on the market. Allambie Heights house prices are rising due to the immense demand for family homes located on the northern beaches.

Let’s take a look at the booming market for real estate in Sydney’s Northern Beaches, and what makes Allambie Heights such a special place for homeowners.

Buyers are desperate for real estate in Sydney’s Northern Beaches

The real estate market across Sydney’s Northern Beaches is booming. This area has some of the most desirable postcodes in the whole of Australia, and houses here consistently sell for higher prices than anywhere else in Sydney.

Warringah on the Northern Beaches was the most popular area in Australia for property searches last year, and Allambie Heights was the fourth most-searched suburb by potential buyers. According to realestate.com.au, an Allambie Heights property listing will receive around 5,946 online visits. This is more than five times the average for NSW properties.

The Northern Beaches as a whole consistently has an extremely high demand for properties, and they are snapped up extremely quickly. In December 2019, Allambie Heights actually ran out of properties for sale, as they were being bought at a faster rate than they could be listed.

Allambie Heights house prices are rising

The huge demand for properties in the Northern Beaches is pushing prices up. Despite the COVID-19 pandemic, properties here are still consistently rising in value.

In Allambie Heights, median house prices have now risen above $1.7 million, with properties in many of the other Northern Beaches suburbs selling for similar amounts. For example, houses for sale in Frenchs Forest are selling for an average of over $1.6 million, with a clearance rate of 88 per cent.

If you are considering listing your Northern Beaches home for sale, there has never been a better time. The demand for properties here at the moment will ensure that you’ll receive the best possible price for your home, with many properties selling for above the listing price.

Allambie Heights suburb profile

So, what is it about Allambie Heights that makes this suburb such a desirable place to live? It’s all down to the lifestyle. Allambie Heights scores consistently highly in all categories, with family and community scores of 10/10, and 9/10 for tranquillity and overall lifestyle. It is also seen as a hip and affluent place to live.

With plenty of local amenities, Allambie Heights is the ideal place for families, who make up the majority of residents here. The properties are sizeable, with a large number of three-, four-, and five-bedroom homes to suit growing families. There are also plenty of modern apartments and townhouse developments for older residents who want to downsize after their children have left home.

Allambie is an Aboriginal word meaning “peaceful place” — and this beautiful suburb truly lives up to its name. It is within easy reach of several beaches, including Manly, Dee Why, Curl Curl, Freshwater, and Queenscliff, offering plenty of opportunities for leisure and enjoyment outdoors.

Conclusion

With such a pleasant lifestyle on offer, it is no wonder that property prices in Allambie Heights are climbing. If you are an Allambie Heights homeowner and are thinking of listing your property for sale, please contact us. We will be happy to give you all the advice and support you need.

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Read our report on how to have a successful home sale, even within these unusual times of COVID-19.