5 Factors To Consider Before Making An Investment In Northern Beaches

Many Australians know the 30-kilometre stretch from Manly Beach in the south to Palm Beach in the north as Sydney’s Northern Beaches. Within the stretch are 23 scenic beaches, including Manly, Collaroy, Dee Why, Mona Vale, Avalon, New Port, and Palm Beach. 

 

Recently, investing in real estate in the Northern Beaches suburb has become a profitable venture and was even included in Sydney’s top 10 best suburbs to invest in. It is close to the beach and the essential amenities. It also has a low crime rate. To start investing, you should call your real estate agent in Northern Beaches.

There are different reasons why you should begin investing in Northern Beaches real estate. For starters, investing in the area allows you to benefit from strong capital growth as well as a high rental income.

Here are other reasons why you should start looking for real estate to invest in Northern Beaches:

 

Demand

The demand for Northern Beaches properties has increased since the Covid-19 pandemic disrupted the lives of all Australians. With people forced to work at home, they realized that Northern Beaches is one of the best places in Australia to tide the pandemic. At the Northern Beaches, people can still enjoy nature at its best. They don’t need to travel to enjoy a swim or sneak in a surfing session during lunch break.

 

Infrastructure

There are several new infrastructures built in Northern Beaches that add to its real estate value. New commercial buildings, waterparks, rental properties, and even a new hospital built and more are coming. 

 

Growth

The migration of people to the Northern Beaches has resulted in a significant increase in rental yield. As a result, family houses have been in high demand in recent months. It is among the hottest real estate investment areas in Sydney and is seen to grow continually. 

 

Transportation

Moving around Northern Beaches is easy. The B-Line Buses operates 24/7 and runs every 10 minutes throughout the day. The interval is 30 minutes from midnight to 4 am. The bus also plies from Mona Vale to Sydney CBD with only nine stops. 

 

Lifestyle

The biggest draw of Northern Beaches is the lifestyle it offers to its residents. It has social amenities that fit the quintessential beach lifestyle. In addition, there are beautiful walks that people can enjoy, like the Palm Beach Lighthouse walk, Long Reef Headland Walk, and Manly Dam walk, among others.

Aside from its long walks, there are also places where people can enjoy surfing. The Northern Beaches is home to beautiful surf breaks that have wowed the world from Manly to Narrabeen and Curl Curl.The waves at Palm Beach are suitable for both novice and experienced surfers. If surfing isn’t your thing, spend the day with your friends kayaking and sailing. There are still waters at Manly, Manly Dam, Narrabeen, and Pittwater, where you can launch your boat.

Food lovers will also enjoy the restaurants of Northern Beaches that cater to all tastes and budgets. One will never grow hungry after an adventure-filled day. 

If you have decided to invest in the area, don’t hesitate to contact your local real estate agent in Northern Beaches to help you out. The best feature of Northern Beach is its child and pet-friendliness. The beaches and parks are open to all. 

*This is a collaboration post