Shelter Market Report

The Bayside property market, particularly in hotspots like Brighton’s Golden Mile, is showing impressive resilience. The luxury $5 million-plus segment continues to thrive, thanks to strong interest from both local and international buyers. While move-in-ready homes remain in high demand, there's a growing interest in land and renovation projects as concerns about construction ease. This shift signals a new wave of opportunities in Bayside. Despite an increase in listings, the demand still outpaces supply, though we’re seeing a slow shift towards a more balanced market. This evolving landscape is further highlighted by the arrival of trophy homes at unprecedented price points, indicating Bayside's dynamic and ever-evolving market. The consistent interest and high activity levels confirm Bayside’s status as a premier location for luxury living. We are also very excited to announce the opening of our new Shelter office on Church Street, reinforcing our dedication to the Bayside community. This expansion highlights our commitment to delivering exceptional service and maintaining our standards of excellence in real estate. Here’s to continued success and growth in this vibrant market! ZALI REYNOLDS Founder | Director Market Summary Bayside’s Bright Future

RkJQdWJsaXNoZXIy MTI3ODI1