Northern Beaches

It was the hottest property market in locked-down Sydney, but prices have now come off the boil - to the tune of a 20 per cent drop.

“All of the growth in 2021 has gone. We’ve had the reverse happen now”. “The drop in prices did help us get our foot in the door. It shifted everyone’s thought pattern about being close to the city,” Watson said. “They were all very concerned they would never be able to afford property. Two years on, the beaches are now leading the downturn.