Strong market performance As winter settles in, the Australian property market has maintained its momentum. Over the April to June 2025 quarter, Sydney house prices rose by 1.3%, reflecting ongoing demand and tight supply conditions in key suburbs. Across Ku-ring-gai, house sales during the April to June period remained robust, with multiple properties in St Ives, Turramurra, Wahroonga and Gordon surpassing the $6 million mark, reinforcing the area’s reputation as a stronghold of Sydney’s prestige market. The consistent demand for high-end properties reflects ongoing buyer confidence and a readiness to invest in quality real estate, contributing to upward pressure on prices and solidifying Ku-ringgai’s status as a premier destination for luxury living. Several recent transactions also highlight properties selling purely for land value, indicating strong underlying demand for development or renovation opportunities. The right property continues to command a premium, with land-rich assets in blue-chip locations achieving standout results. These results not only set new price benchmarks locally but also influence the broader Sydney prestige market, raising expectations for the remainder of the year. My key highlights • I sold 13 properties last quarter, breaking 4 street records. Total sales of $60,994,000. • 4 Derby Street St Ives sold for $7,821,000, setting a new benchmark as the highest selling home in St Ives for 2025. The sale of 70 Woodbury Road St Ives at $4,180,000 underscores the high demand for premium land in the area. • I received multiple industry awards due to my deep local knowledge and expert insights. Market outlook: Winter into Spring The remainder of winter is expected to remain active, with demand outpacing supply across many segments. Interest rate cuts have improved conditions for buyers, and listing activity is likely to build as we head into spring. For sellers, there’s a valuable opportunity to get ahead of the seasonal uplift and take advantage of current market strength. If you’re thinking of selling, my team and I use detailed buyer insights to drive competition and negotiate from a position of strength, so you get the best price. Book your property appraisal now. Coco Cui Roskam 0422 683 409 coco.roskam@raywhite.com INSIDE THE MARKET: WINTER EDITION
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