Market update AUTUMN 2025 Courtesy of James Levy Ray White Upper North Shore
The first quarter of 2025 has delivered a confident and energised start to the Upper North Shore property market. Buyer sentiment lifted, contributed by the Reserve Bank of Australia’s February rate cut and a renewed sense of optimism across the market. From January through to March, activity has remained consistent, with healthy buyer demand and strong engagement across all segments of the market. With affordability conditions easing slightly and borrowing capacity improving, we’ve seen a steady flow of motivated buyers eager to transact. Many properties are attracting competitive interest, with well-priced and well-presented homes selling well. Auction clearance rates have been steady throughout the quarter, reflecting growing buyer confidence and an increase in serious, finance-ready purchasers entering the market. Nationally, both house and unit values rose 0.2% in February, building on a trend that began in January. Sydney continues to lead as Australia’s most expensive capital city, and the Upper North Shore remains one of its most sought-after regions. Across our local suburbs, we’re seeing consistent price growth, underpinned by strong lifestyle appeal, access to leading schools, and an enduring reputation as a high-performing market. Looking forward, the signs remain encouraging. With inflation moderating and the possibility of further rate cuts later in the year, market conditions are expected to stay positive. We anticipate steady demand throughout Autumn and into Winter, particularly from buyers hoping to get ahead of the traditionally competitive Spring season. For sellers, this means a valuable window of opportunity to take advantage of current momentum. The largest change in our market has been the increase in sale prices for those properties within the new re-zoned areas where land opportunities for medium level density development is very highly contested. With the year off to a strong start and buyer activity on the rise, 2025 is shaping up to be a great time to sell. If you’re thinking of making a move this year, please let me know if you have any queries and how else I can help. James Levy 0414 474 868 james.levy@raywhite.com YOUR LOCAL MARKET UPDATE
FAST FACTS ST IVES Source: Pricefinder 2025 1. HOUSES UNITS Q1 2025 Q1 2024 Q1 2025 Q1 2024 ST IVES 5 5 53 30 25 NUMBER OF SALES 2. MEDIAN SALE PRICE HOUSES UNITS Q1 2025 Q1 2024 Q1 2025 Q1 2024 ST IVES $3,300,000 $2,960,000 $1,295,000 $950,000 3. AVERAGE SALE PRICE HOUSES UNITS Q1 2025 Q1 2024 Q1 2025 Q1 2024 ST IVES $3,559,162 $3,327,137 $1,498,625 $1,274,892 4. HIGHEST SALE PRICE HOUSES UNITS Q1 2025 Q1 2024 Q1 2025 Q1 2024 ST IVES $6,680,000 $6,450,000 $3,400,000 $2,760,000 ST IVES 71% 5. AUCTION CLEARANCE RATE (LAST 6 MONTHS)
23 Leverton Close, St Ives 18 Cambourne Avenue, St Ives 52 Flinders Avenue, St Ives 93 Cambourne Avenue, St Ives 49 Turramurra Avenue, Turramurra 15 Hillside Avenue, St Ives SOLD OFF MARKET SOLD PRIOR TO AUCTION SOLD PRIOR TO AUCTION SOLD PRIOR TO AUCTION SOLD PRIOR TO AUCTION SOLD PRIOR TO AUCTION 4 3 2 5 3 2 5 4.5 2 5 4.5 2 5 2.5 2 4 3 2 HIGHLIGHT SALES BY JAMES LEVY
WHY SELL WITH RAY WHITE UPPER NORTH SHORE? WHY SELL WITH RAY WHITE UPPER NORTH SHORE? Sales Volume Ray White Compeঞtor 1 Compeঞtor 2 Compeঞtor 3 Compeঞtor 4 0 200 400 600 800 Sales Value Ray White Compeঞtor 1 Compeঞtor 2 Compeঞtor 3 Compeঞtor 4 $0 $500,000,000 $1,000,000,000 $1,500,000,000 $2,000,000,000 Source: CoreLogic Market Scorecard FY24 Ray White Upper North Shore sets the standard by selling more properties than any other agency across the Upper North Shore. This extensive track record enables us to connect with more potential purchasers than anyone else, ensuring unmatched exposure for your property. Our comprehensive marketing strategies are proven to give you an advantage when selling your home. VIEWS ENGAGEMENT ENQUIRIES SAVES & SHARES 1,348 1,016 906 675 18 13 54 36 RAY WHITE UPPER NORTH SHORE MARKET AVERAGE Source: Domain published listings FY24
PREPARE YOUR HOME FOR AN AUTUMN OR WINTER SALE PREPARE YOUR HOME FOR AN AUTUMN OR WINTER SALE Curb Appeal: Utilise the natural beauty of Autumn foliage to enhance your property's curb appeal. The cooler months can be a great time to sell your home, offering unique advantages. Here are some tips for making a sale in either Autumn or Winter: Focusing on these aspects can help sell your home effectively in Autumn or Winter, leveraging the season's unique selling points. Reach out to my team today to learn how to maximise your selling price. Maintain Exterior: Keep up with lawn maintenance, rake leaves regularly, and ensure pathways are clear and well-lit. Enhance Outdoor Spaces: Make your garden appealing with simple updates and demonstrate how outdoor areas can be enjoyed year-round, possibly adding features like fire pits or outdoor heaters. Warmth: Keep your home warm during opens inspections, so your home feels inviting to prospective buyers.
PROUD RECIPIENTS OF 14 RATEMYAGENTS AWARDS Ray White Upper North Shore is proud to be the winner of Agency of the Year 2025 in 14 suburbs across the Upper North Shore. Plus, awarded #55 in the Top 100 Agencies of the Year in Australia. PROUD RECIPIENTS OF 14 RATEMYAGENTS AWARDS
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 “I have used James numerous times to sell my homes. His professional manner, knowledge and negotiation skills make him the only choice to sell your home. His communication is constant and we were never left wondering what was happening. No wonder he’s consistently the number 1 agent in St Ives.” VENDOR – D & E, ST IVES “We had the pleasure of working with James to sell our Meadowbank home. James is extremely knowledgeable, an excellent communicator and knows the market. There were many times when James came to inspect work or advice on questions we had. He provided a realistic market price and then continued to work hard to deliver a strong outcome. Thank you to James and the team for their hard work and persistence in a tight market.” VENDOR – G & A, TURRAMURRA “After watching James and his team work in our area for many years, we knew he was the person for us to entrust with our sale. Selling a property can often seem challenging and overwhelming, selling a home when you are living interstate increases this twofold, however James and his team made the entire process seamless. James’ local knowledge and expertise is second to none. He provided invaluable advice, not only in the sale period, but also presale, assisting with presentation, styling, building reports and everything else to make it as easy as possible. His attention to detail and understanding of what appeals to buyers was instrumental in the sale of our property. From start to finish James provided exceptional service and unwavering support, and we cannot recommend James Levy and his team highly enough. We will be eternally grateful to James and Alison for making our sale as successful and stress-free as possible and allowing us to move forward towards our retirement.” VENDOR – E & D, ST IVES A WORD FROM MY CLIENTS James Levy 0414 474 868 james.levy@raywhite.com
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