The Great Coastal Escape

21 Jan 2022

Yesterday’s Daily Telegraph reported that the beach suburbs on the city fringe are experiencing unprecedented growth with prices soaring by up to 50% according to realestate.com.au data. It’s a trend that we’ve seen growing since the beginning of the pandemic and is now truly established with the sea and tree change movement set to continue in 2022. The suburb that experienced the highest growth over the past 12 months is the coastal paradise of Bundeena, just over one hour south of Sydney CBD, with house prices achieving a phenomenal 71.7% increase. Fuelling the demand is the evolution of the new hybrid and work-from-home arrangements as well as Sydneysiders wanting to secure an escape that’s within easy reach of the city but far from the madding crowd.

Debbie Donnelley, a Bundeena resident and advocate for the South Coast paradise, is achieving exceptional results and reports that the area not only offers excellent capital growth but solid potential for future uplift. Debbie says, “Our Bundeena listings are being snapped up by buyers looking for a coastal getaway with most wanting a holiday home that offers an income from Airbnb or short-term rentals as well. We had some great results at the end of last year across all sectors with the Hamptons style estate at 81-83 Bundeena Drive selling for $7.65m; 75 Bundeena Drive for $6.35m; the beachfront residence at 19 The Avenue for $6m; the coastal beauty at 35 Neil Street for $5.3m; and 40 Eric Street for $2.5m. Bundeena has been so under-priced for so long but the pandemic and shifts in how we live and work mean that there’s still lots of growth to come.”

Debbie has a fantastic choice of Bundeena beach houses on the market that make perfect coastal getaways or home plus income properties. Coming to market next week 31 Horderns Lane, Bundeena, has a buyer’s guide of $5m. Another upcoming gem capturing ocean glimpses and just five minute to the beach, 3 Bournemouth Street, Bundeena has a buyer’s guide of around $2m while 33 Neil Street, Bundeena is a waterfront beauty with panoramic northerly views for sale at $5.15m. Perched on the headland between Gunyah and Jibbon Beaches, 45 Neil Street, Bundeena is embraced by lush level gardens with views that are simply breathtaking and interiors that are reminiscent of a high-end resort. Launching soon is 43 Crammond Avenue, Bundeena on a north facing block at the tip of Cabbage Tree Point so please give Debbie a call on 0414 616 161 to find out more.

Take care, stay safe and keep connected.