Northern beaches property market forecast and trends 2025

Looking for a current forecast of the Northern Beaches property market?

Sydney’s Northern Beaches includes prime real estate, with iconic suburbs and landmarks such as Avalon Beach, Balgowlah, Ku-ring-gai Chase, Manly, Palm Beach, Pittwater and Whale Beach. 

No wonder that there is strong demand for property in this area, with the relaxed, beach/nature focused lifestyle a strong drawcard, not to mention the potential for positive capital growth and generous rental yields. This was amplified during the pandemic, as buyers sought out a more attractive living situation with better access to the outdoors. 

Make no mistake, you will pay for the privilege of living in one of the ‘lifestyle’ suburbs, especially in a house near the water  - but there are plenty of suburbs with more affordable units.

Northern Beaches property market forecast and outlook 2025

The Northern Beaches remains one of Sydney’s most competitive and dynamic markets, offering an idyllic lifestyle, strong community appeal, and a limited supply of homes. 

According to local buyers’ agency NE Aspect, early-year opportunities will be key, with the first quarter expected to see the highest number of listings before supply tightens mid-year. Buyers in the $1.5M–$3M range will face intense competition, particularly in popular suburbs like Collaroy, Narraweena, and Dee Why. Stock shortages are likely to persist, and buyers who act decisively, consider off-market opportunities, or explore alternatives like apartments and townhouses may be best positioned to secure a property in 2025.

Looking more broadly, the Sydney property market is expected to experience moderate growth in 2025, though affordability constraints and high interest rates will continue to shape buyer activity. Westpac forecasts a 3 per cent rise, reflecting the ongoing challenges of limited borrowing power, while NAB predicts a slightly stronger 3.7 per cent increase. Domain takes a more optimistic stance, expecting gains of 4 to 6 per cent for both houses and units, indicating potential for a modest recovery compared to 2024.

However, SQM Research remains cautious, forecasting a potential decline of between 1 and 5 per cent. Managing director Louis Christopher describes Sydney’s housing market as “ripe for a correction”, citing affordability pressures and valuation concerns. At the same time, he notes that rate cuts in 2025 could quickly reignite buyer demand, particularly in highly sought-after areas like the Northern Beaches.

While market performance is expected to vary across Sydney, premium coastal and lifestyle suburbs are likely to hold firm, bolstered by affluent buyers and continued strong demand. According to aussieproperty.com’s Allen Habbouchi, properties in desirable areas with strong infrastructure and amenities should remain resilient, while suburbs that saw rapid pandemic-era growth may face more price volatility.

Northern Beaches property market: Top 5 growth suburbs of 2024

Warriewood, NSW

Warriewood delivered one of the strongest performances on the Northern Beaches in 2024, with house prices rising 9.1 per cent to reach a median of $2.4 million, while units also saw healthy gains of 5.2 per cent. Known for its family-friendly appeal, the suburb offers a mix of modern housing estates, coastal proximity, and convenient access to both beaches and nature reserves. With steady growth across both property types, Warriewood continues to be an attractive option for buyers seeking a balance of lifestyle and investment potential.

Narrabeen, NSW

A perennial favourite for beachside living, Narrabeen saw house prices climb 8.5 per cent over 2024, bringing the median to $2.395 million, while units also grew by 6.2 per cent, hitting $1.255 million. The suburb is renowned for its prime waterfront properties, with homes boasting stunning lake and ocean views. With strong buyer demand and a competitive market, Narrabeen remains a highly desirable location for families and downsizers looking to embrace a coastal lifestyle.

Curl Curl, NSW

Curl Curl saw 7.8 per cent annual house price growth in 2024, with the median now sitting at $3.88 million, while units climbed 6.6 per cent. This high-end Northern Beaches suburb continues to attract premium buyers, with its expansive oceanfront homes and close-knit community appeal. The steady rise in values reflects strong demand for the area’s luxury housing market, making it a standout performer in the region.

Brookvale, NSW

Brookvale’s property market surged in 2024, with house prices increasing 7.5 per cent to reach $2.477 million. While unit prices dipped by 3.8 per cent, reflecting some softening in the apartment market, the suburb remains a key growth area thanks to its strong infrastructure and connectivity. Positioned as an emerging lifestyle hub, Brookvale offers a mix of commercial convenience and residential charm, making it a compelling choice for buyers looking for long-term potential.

Dee Why, NSW

One of the most vibrant and diverse suburbs on the Northern Beaches, Dee Why recorded 6.5 per cent house price growth in 2024, with the median reaching $2.45 million, while units edged up by 0.6 per cent to $900,000. As a hotspot for apartment living, Dee Why continues to see strong rental demand, and its proximity to the beach, shopping precincts, and transport links keeps it on the radar for both investors and owner-occupiers. The suburb’s steady growth reinforces its status as a key market on the Northern Beaches.

Northern Beaches property market: Demographic trends and the future 

NSW government projections are for the population of the Northern Beaches to increase by 15,514 to 289,529 by 2041, an increase of + 0.28 per cent every year. Population growth is a crucial driver of property values, so this bodes well for the long term future - with the lifestyle and natural features of the area both key drawcards. 

In terms of development, The Northern Beaches Council appears to have a clear plan for managing development in the area - and has funded critical infrastructure like the state-of-the-art Northern Beaches Hospital in Frenchs Forest. They are also investing in upgrades to the congested roads in the area, with a view to moving more residents on to public transport.

All this is sure to keep demand for property on the Northern Beaches high, and an ideal area to invest in houses or units.

Blogs are written expressly for education purposes and content is based on the opinions of the authors or as otherwise cited. All information is current as at publication release and we take no responsibility for any factors that may change thereafter. OpenAgent Pty Ltd does not accept any liability or responsibility whatsoever to any error or omission or any loss or damage of any kind sustained by a person or entity arising from the use of this information. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.