Bilgola Plateau is situated 27km North of Sydney and is at the very North end the peninsula with only Palm Beach and Whale Beach further North. The local government area is Northern Beaches Council.
Like Sydney as a whole, Bilgola Plateau and surrounding suburbs have experienced amazing capital growth over the last three years. Properties in this region sit at the very north end of your budget - however, we wanted to provide you with an option on the Northern Beaches for consideration nonetheless.
Housing in Bilgola Plateau and surrounding suburbs is generally a mix of older style double brick homes with pitched tile roofs. Houses have great bones and generally sit on medium size blocks of land - allowing enough room for young families to grow.
Supply in Bilgola Plateau is tightly held, which can be a good thing - it does, however, mean that there is high demand for property in the area.
Typically properties in your price range require cosmetic improvements. We will not present properties that require structural renovations as your budget will not allow for this. We will identify these needs when presenting properties with a summary of the required works and estimate the cost associated with that. If we do progress and the renovations are something that you'd like to progress with, we would supply you with a full financial feasibility study.
The population has shown a steady increase since 2006 showing continual growth in the area.
Average Days on Market
39 days on average to sell a home.
Auction Clearance Rates
85.4% of properties that go to
Ratio of Renters to Owner Occupied
17.2% are renters / 82.8% are owner occupied. We prefer renters to be under 35%, as more owner occupiers generally mean they will take more care of their properties.
Supply vs. Demand
DSR (Demand Supply Ratio) score of 60. The DSR is a number out of 100 that gauges the demand relative to supply for a residential property market. We look for this to be always over 50. 60 is great, 70 is excellent.
65% of the household income on average goes towards paying the mortgage in Hornsby. We prefer this number to be under 40%.
Median House Price
3 bedroom - $1,142,000
4 bedroom - $1,259,000
Recent Sold Price Range
3 bedroom - $1.3m - $1.4m
4 bedroom - $1.35m - $1.45m
For Sale Now (Online)
3 bedroom - 3
4 bedroom - 2
Last 12 Months Capital Growth
Based on our parameters, Bilgola Plateau presents good value for renovating based on the median price of properties sold un-renovated vs. properties sold renovated.
There are 11 schools (including Barker College) and 2 major shopping centres. There are 2 hospitals and Macquarie University is 11km away.
Closest train station - N/A
Time to CBD (Bus) - 1.5hrs (2 x busses)