Monday 15 May 2023

Soaring Demand for Freestanding Houses in Sydney's Leafiest Suburbs

Trees in Willoughby

With the consecutive interest rate rises, it is to be expected that some Sydney suburbs have been saturated with properties for sale. What is surprising however, are the Sydney suburbs where demand is outstripping supply to an unprecedented degree. Lane Cove North, a leafy suburb on Sydney's Lower North Shore, has topped the nation’s suburbs with its combination of the greatest difference between buyer enquiries per listing and listing volumes over the last year to March 2023.

Freestanding Homes are in Demand

Supply shortages are also occurring in several other prestigious Lower North Shore leafy suburbs adjoining Lane Cove North, such as Willoughby. The combination of incredibly well connected location, close proximity to some of Sydney’s top schools, fantastic local amenities and beautiful houses and streets ensure buyers will always be attracted to these suburbs, regardless of market conditions.

The supply shortages also affirm that the Aussie Dream of living in a freestanding home is still alive and well and a highly desirable reality on the lower North Shore of Sydney. Buyers are coming in droves to inspect the few properties that are currently hitting the market. People are most attracted to free-standing houses featuring expansive proportions, flexible floorplans, luxurious interiors, spacious outdoor areas and a prestigious address.

Green and Leafy Suburbs of Lower North Shore

Cramer are delighted to release one such highly desirable property to the market. 8 Warners Avenue, Willoughby is a grand oversized family home of outstanding architectural design, offering multiple living options with indoor and outdoor spaces perfect for entertaining. For more information on this exceptional property, see below.

See more here

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