Cunninghams Property Update

There’s a lot of media coverage at present about the state of the property market.
But what does it all mean?
How do we separate sensationalism from what may impact us here in our part of the world? Top of mind at present is a prospect of either a hung parliament or that we may be back to the polls.
Housing affordability, government spending and employment are always major factors that will impact the property market. But remember, on the Northern Beaches we’re not facing the prospect of a huge tract of land being released (and therefore increasingly supply). And both of our Federal Government Parties played it fairly safe in terms of major policy announcements so we think the impact on property prices around these parts is pretty minimal.

And so, onto business as usual – Spring is officially here! It is a popular time of year for people to sell properties and it’s important to lay the groundwork – literally – now.
Much attention is given to the styling of a home (see John’s tips in yesterday’s Manly Daily!) but don’t neglect your gardens! Beautiful backyards can become an outdoor haven, particularly in the warmer months. Talk to us if you need some advice on how to spruce up your garden, or spend some time at your local garden centre and learn from the best green thumbs in the business.
Have a great week.
PRICE UPDATES:
1/102 Lawrence Street, Freshwater – More than $775,000
5a Kitchener Street, Balgowlah – More than $800,000
12/144 Ocean Street, Narrabeen – $539,000
67 Beatrice St, Balgowlah Heights- $1,795,000
213/5-17 Central Ave, Manly- More than $580,000

We’re amazed at the Jessica Watson story.  Some may say that it was a hugely risky exercise (which it no doubt was) but what a feat none the less.  Absolute self belief and determination to do it – she deserves the accolades.  It seems that the whole of the Northern Beaches was out to welcome her!   But we still had over 50 parties make time to inspect a property in Manly Vale – a great up and coming suburb and a very popular price bracket.

Jessica must be a clever girl, choosing to spend some time in Manly on her return!  Welcome home and we’re looking forward to seeing how the years pan out for her.