Suburb spotlight on: Dolls Point, NSW
Who’s got top market share?
Situated right next to a stunning sweep of beach, quiet Dolls Point is a friendly and picturesque suburb of Sydney with a beachside village vibe. It’s home to numerous watersports and has abundant parkland. With excellent access to the CBD (25-minute drive) and the airport, Doll’s Point represents an exciting opportunity for a new office.
Let’s look at the market share in the area. Century 21 Bayside has the highest market share at 18%, followed by PRDnationwide Woodward-Ramsgate at 14%. Raine & Horne Sans Souci rounds out the top three with 11%.
The area is in high demand with REA reporting staggering online listing views of 1,431 per property, compared to the 858 average in the rest of the state. There’s been steady growth in the past few years mainly due to sales of units in the area. CoreLogic data tells us that the median price for a two bedroom unit is currently $750k, representing a 90% auction clearance rate. With 60% of the market made of singles, Doll Point offers a competitive investors market for a savvy sales business.
For investors looking to capitalise on the growing market in Dolls Point, with its beach lifestyle and proximity to the city and airport, it’s a lucrative opportunity for the right agency. If it’s an area of interest for you, we can help you build a competitive business. Talk to us today.