The Covid-19 pandemic has given many of us a new perspective on the way we live our lives. With a greater number of people being able to work from home, there has been a huge shift in what buyers are looking for when it comes to property – whether it is more space, greater lifestyle options or a more desirable location. We are seeing many buyers from all over Sydney flock to the Northern Beaches for a property with greater lifestyle, and one suburb that offers plenty of space, lifestyle and a convenient location is Allambie Heights. Climbing up the hill from North Manly leading up to Frenchs Forest, Allambie Heights was ranked by REA as NSW’s most in-demand suburb for buyers.
Hugely popular with it’s quiet leafy streets and it’s convenient location close to many lifestyle amenities and natural attractions, Allambie Heights is a close-knit, family friendly suburb that offers the Northern Beaches lifestyle accompanied by great access to express city buses, schools and a short drive to the beach. With Manly Dam surrounding much of the suburb, there is also something for the outdoors lovers, where you can walk, run, swim, kayak, bike ride or simply have a picnic with the family!
The median house price in Allambie Heights is $1,777,500 which is higher than the Northern Beaches average of $1,015,000, and lower than the median prices in nearby suburbs such as Manly, Freshwater and North Balgowlah. Real estate in the suburb is tightly held, with only four current listings available, many buyers can see value when compared to the nearby suburbs aforementioned. Values in the suburb have increased around 9% over the last 5 years (source: Corelogic/RPData, 2021) and according to REA, properties listed on realestate.com are in high demand, attracting an average of 6885 clicks to each listing which is extraordinary when compared to the NSW average of 1272 clicks.
This year alone there have been three sales in excess of $3,000,000 in Allambie Heights and the suburb record from a sale on 12 January this year has already been superseded in the last few days. Having also recently sold 15 Cornwell Road for $2,860,000 and 18 Kentwell Road in Allambie Heights for $3,005,000 we have many buyers who are still looking to secure their next family home, in Allambie Heights and across the Northern Beaches.
We currently have two exquisite homes for sale in Allambie Heights including 49 Allambie Road and 18 Jennifer Avenue.
49 Allambie Road, Allambie Heights – Nestled behind landscaped gardens in a peaceful setting enhanced by a gorgeous treetop outlook, this fabulous family home comes with a highly-prized means of generating extra income courtesy of the spacious two-bedroom granny flat quietly tucked away to the rear. Beautifully-renovated throughout with relaxed indoor/outdoor living in mind, the home is oriented towards the expansive sunny backyard. An entertainers’ paradise, it includes a sparkling in-ground pool with travertine surround as well as timber decking with built-in seating, a dedicated fire pit platform with seating and even its own putting green. Click here to view more.
18 Jennifer Avenue, Allambie Heights – Crafted for a life of serenity and tastefully designed with high-end contemporary inclusions, this five-year-old, state-of-the-art residence on 809sqm presents the ultimate in luxury family living. Its inspiring layout showcases seamless indoor/outdoor entertaining, elegant interior living spaces, and a floorplan that caters perfectly to families, with spacious free-flowing living and plenty of breakout zones for study, socialising and relaxation. Click here to view.
If you are interested in any of these properties or are looking to make a property move this year, please get in touch so we can help you understand the market and how we can partner to achieve a great result.