Surprising suburb that snared the beaches auction crown this week
Northern beaches prime property spots conjures up images of Manly beachfront and Palm Beach hideaways.
But the top auction of the week on the northern beaches this week was in neither. It was the top sale for the suburb this year, and a big price for a family house; it was also in Forestville.
This leafy suburb is in the west of the northern beaches’ peninsula and a full 7km as the crow flies from the nearest ocean beach.
The median house price for the low-density suburb is $1,485,000, according to CoreLogic.
So the auction sale last week of 95 Cook St, Forestville for $2.46 million was a strong result.
Sam Pfafflin, of Raine & Horne Forestville, said nine parties registered for the five-bedroom home with pool and the guide was $2.1 million to $2.25 million.
“It was a great response,” he said.
The home offered the perfect package of space, pool, beautiful back yard and flat block.
Mr Pfafflin said the owners did everything that was asked of them and that made a difference to the result.
“These clients styled and painted and they listened to us,” he said.
“Other vendors who didn’t listen and didn’t paint still haven’t sold,” he added.
“Everyone thinks the correction in the market doesn’t apply to them,” he said.
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The custom-designed home was billed as one of the best houses in the suburb. The home had a resort-style atmosphere, lots of space, a good floorplan and flow and lovely backyard and pool.
“All the buyers were families, we had interest from locals and from people over the Roseville Bridge and the buyers came from Roseville,” he said.
Like other auctions on the northern beaches this week bidding took a while to get going and bids were in small increments.
The auction took 25 minutes.
The northern beaches notched up a 68 per cent auction clearance rate last weekend, according to CoreLogic, with 50 properties offered, 19 selling early and 15 selling on the day.