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Off-market sales double in Palm Beach and Whale Beach
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Sydneyâs red-hot property market in Sydneyâs far northern beaches, where $10 million-plus homes have been selling faster than cold beers on a hot day, is going under ground.
Properties are being sold within days through covert campaigns as buyers, scarred by past failures, go hard and early with bullish offers that leave no room for vendor doubt, triggering significant price increases.
The proportion of off-market sales in Avalon has dramatically increased.Â
Anna Kucera
Agents report that up to 70 per cent of sales in the glamorous holiday home enclaves of Palm Beach and Whale Beach are completed off-market.