06 February 2025
Northern Beaches Rental Market Update – January 2025
The rental market on the Northern Beaches is off to a flying start in 2025, with strong demand and exceptional results for our investors.
📊 Key Highlights for January:
✅ 46 properties leased – securing quality tenants efficiently
✅ $1,113 average weekly rent – strong rental returns
✅ 4.8 days on market – properties moving fast!
✅ 95 open homes held – showcasing homes to eager tenants
✅ 814 tenant inspections – demand remains high
✅ 216 applications received – competitive market conditions
Despite a national slowdown in rental price growth, the Northern Beaches market remains resilient, with seasonal growth driven by high demand and low stock levels. Investors continue to benefit from strong rental yields (3.5% nationally), and with potential rate cuts on the horizon, the housing outlook for Investors is increasingly positive.
Our experienced and professional team is navigating these market conditions with expertise and efficiency, delivering outstanding outcomes for our clients.
Innovating with 360 – degree Inspections
At Cunninghams, we continually embrace innovation to improve the experience for our landlords and tenants. Our latest 360-degree virtual inspection technology is transforming the way properties are showcased, leased and routine inspections providing greater transparency, efficiency, and accessibility.
Full Transparency & Reduced End-of-Tenancy Disputes
A major advantage of 360-degree inspections is their detailed property condition records, captured in high-definition. This documentation provides clear evidence of a property’s state before and after a tenancy, reducing disputes and ensuring landlords and tenants are aligned. Less time spent in mediation or court means a smoother, stress-free experience for everyone.
Enhanced Routine Inspections
Our 360-degree virtual inspection technology isn’t just transforming leasing—it’s also revolutionising periodic/routine inspections for our landlords. Traditional routine inspections can sometimes miss details or be subject to interpretation, but with high-definition 360-degree imaging, landlords receive a comprehensive and transparent record of their property’s condition at every stage of a tenancy. This technology allows us to capture and store highly detailed visual records, ensuring that any changes or maintenance needs are easily identified over time. Whether you’re a local, interstate, or international investor, you’ll have complete confidence in the ongoing care of your property—without needing to be there in person.
Accessible Anytime, Anywhere
We understand that not all tenants can attend in-person inspections, especially those relocating from interstate or overseas. Our virtual 360-degree tours allow anyone to view properties on their schedule, whether during a lunch break, while traveling, or from the comfort of home. This opens up rental opportunities to a broader audience and ensures properties are leased as quickly as possible.
Premium Service for Landlords & Tenants
By integrating 360-degree technology into our leasing process, we’re providing a higher level of service and peace of mind to our clients. Landlords can monitor the condition of their investment with crystal-clear imagery, while tenants benefit from a more convenient and transparent experience.
By embracing this innovative approach, we’re delivering outstanding results in a competitive market. If you’re looking for faster leasing, reduced vacancy periods, and a seamless management experience, get in touch with our team today!
