manly-bondi-beach-aerial-feature
Manly and North Bondi made the top five. Image: Canva.
  • Three of the top five are located roughly an hour from Sydney
  • Kingsford and North Bondi are the only inner city suburbs
  • Median house prices were all above $2.5M

Shore Financial has released its November report for Sydney property, ranking more than six hundred suburbs by the expected growth in asking prices over the next six months.

The company divided the categories up into quintiles, with the fifth quintile called Elite Sydney.

Shore Financial CEO Theo Chambers said the Shore Financial State of Sydney Report is a more timely assessment of the market:

“This quarterly report focuses on leading indicators, rather than lagging indicators, which means instead of talking about how prices have changed in the past, it forecasts how prices are likely to move in the next six months,” he said.

Mr Chambers added that: “All the top suburbs in this report have low inventory levels and low days on market. That means they’re strong seller’s markets, which means buyers have to compete hard to outbid other buyers. That, in turn, is likely to drive significant price growth in the near future.”

The top five

Rank Suburb Postcode LGA Current median house price Forecast house price growth for next 6 months
1 North Bondi 2026 Waverly  $3,560,000.00 16.9%
2 Burraneer 2230 Sutherland Shire  $2,625,000.00 13.6%
3 Collaroy 2097 Northern Beaches  $2,900,000.00 13.3%
4 Manly 2095 Northern Beaches  $3,840,000.00 8.9%
5 Kingsford 2032 Randwick  $2,550,000.00 6.0%

North Bondi

Average household weekly income $2,544
Median house price – now $3,560,000
Median house price – growth over past 12 months 25.40%
Median house price – forecast growth over next 6 months 16.90%
Inventory levels Under 1 month
Days on market 17 days
Share of homes occupied by owner-occupiers 56%
Share of homes that are freestanding houses 18.90%

Burraneer

Average household weekly income $2,860
Median house price – now $2,625,000
Median house price – growth over past 12 months 38.20%
Median house price – forecast growth over next 6 months 13.60%
Inventory levels 1.3 months
Days on market 29 days
Share of homes occupied by owner-occupiers 91.20%
Share of homes that are freestanding houses 88%

Collaroy

Average household weekly income $2,115
Median house price – now $2,900,000
Median house price – growth over past 12 months 22.40%
Median house price – forecast growth over next 6 months 13.30%
Inventory levels 1.4 months
Days on market 23 days
Share of homes occupied by owner-occupiers 69.10%
Share of homes that are freestanding houses 41.70%

Manly

Average household weekly income $2,449
Median house price – now $3,840,000
Median house price – growth over past 12 months 33.60%
Median house price – forecast growth over next 6 months 8.90%
Inventory levels 2.2 months
Days on market 21 days
Share of homes occupied by owner-occupiers 47.70%
Share of homes that are freestanding houses 11.30%

Kingsford

Average household weekly income $1,374
Median house price – now $2,550,000
Median house price – growth over past 12 months 16.40%
Median house price – forecast growth over next 6 months 6%
Inventory levels Under 1 month
Days on market 25 days
Share of homes occupied by owner-occupiers 45.20%
Share of homes that are freestanding houses 32.50%

The methodology

Shore Financial said each quintile is assigned based on the current median asking price for houses.

The top five are whittled down by excluding suburbs that don’t meet the company’s benchmarks and trends related to asking prices, days on market, inventory levels, and sales volumes over the previous three months.

The company then ranks the remainder by expected growth in asking prices over the next six months.

Shore Financial said the data comes from Suburbtrends, with data based on results over the 24 months to November 2021. Other information about average household weekly income, owner-occupier share, and freestanding house share comes from the 2016 census.



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