All About Allambie Heights, Northern Beaches , NSW 2100

Allambie Heights Real Estate Market Outlook

Thinking about buying in Allambie Heights? Now could not be a better time, with 2983 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,529,000 with prices in this suburb ranging from $32,000 to $22,953,000. Allambie Heights is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Allambie Heights driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Allambie Heights ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Allambie Heights classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Allambie Heights necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

Allambie Heights, situated in the Northern Beaches region of Sydney, has experienced significant growth in its housing market over recent years. The suburb offers a mix of architectural styles, from mid-century homes to more modern constructions, which appeal to a diverse array of buyers, including families and professionals. The demand for property in Allambie Heights is influenced by its proximity to Sydney's central business district while maintaining a more relaxed, suburban atmosphere. Housing prices have reflected this demand, displaying resilience even in broader market fluctuations. With spacious homes set on lush, leafy streets, buyers often value the area's peace alongside the convenience of nearby amenities, including shopping centers, reputable schools, and recreational facilities.

Living in Allambie Heights is characterized by a strong sense of community and an abundance of natural beauty. Residents enjoy access to numerous outdoor activities, with bushland reserves and walking trails providing opportunities for recreation and relaxation. The suburb's well-maintained parks and local sporting clubs further enhance the lifestyle for families and active individuals. Allambie Heights also boasts excellent connectivity, with efficient public transport options and major roads facilitating easy commutes to Sydney and surrounding areas. The serene environment, combined with quality local services and amenities, makes Allambie Heights an attractive place for residents seeking a balance between urban convenience and suburban tranquility.

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