What are new apartment buyers in Sydney's Lower North Shore looking for? Uban.com.au
Demand for new apartments on the Lower North Shore increased to their highest levels in over two years in the second quarter of 2024.
Data from MatterFact, Urban.com.au’s new data product, showed enquiry jumped 20 per cent between Q1 2024 to Q2 2024 across Lower North Shore suburbs, with the likes of North Sydney, Crows Nest, Mosman and Roseville seeing the largest increases.
Enquiry hasn’t been at this level since 2022.
Increased levels of enquiry were the most prevalent at the upper end of the market. While the most popular price point enquired on across the Lower North Shore in Q2 2024 was between $1.5 million to $2 million, the biggest increase in enquiry came in the $3.5 million to $4.5 million range.
Smaller, boutique apartment developments in some of the Lower North Shore’s most affluent suburbs saw a lot of interest, while the ever-popular AURA by Aqualand, recently completed by Aqualand‘s inhouse construction arm on North Sydney’s dress circle Walker Street, saw an increase in its luxury three-bedroom apartments toward the top of the Woods Bagot designed tower.
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Read the full article on Urban.com.au by Joel Robinson