The Weekly November 18 2022

Market wrap

While we’ve seen a drop in property prices during the recent thou-shall-not-speak-its-name (a la the economic downturn), it looks like the upper end of the property market is showing signs of stabilising after the dip that saw Sydney’s higher end values down 13.5 per cent from the high heights of 2021.

The summer we signed up for

The Sunshine™ has finally arrived for more than a moment and the collective vibe has seismically shifted as if overnight. Road–side mango trays (KP, naturally) have popped up at North Avalon servo, you can hardly get a park – car or sand – at Kiddies Corner and there’s a shoulder to shoulder summer buzz at every alfresco dining establishment from Palmy to Bondi. Doesn’t it feel good. Another feel good moment? The jacaranda season has finally kicked off, delayed by, you guessed it, La Nina’s heavy rains over the past few months. The streets around town are once again blooming with purple flowers. We’ve never been so happy to sweep the driveway in months. Head here to find out where you can snap Sydney’s best Jacaranda blooms.

Locally

We’re a couple of weeks into the trial pedestrianisation project around Woolworths and Old Barrenjoey Road in Avalon and opinions are stacking up, much like the cars onto the main road. A little bustle and teething aside, a pedestrian-friendly village is a vision worth some trial and error so we are very keen to watch this space and see how the changes unfold.

What’s on

Speaking of making a little noise, Newport’s neighbourhood wine bar Sir Duncan, with its Spanish inspired share plates and moody banquets, has been the talk of the town since inception. Now they’ve added live music to the bill every Saturday lunch, a new summer menu (Fritto misto di mare! Berkshire pork and chorizo!) and drinks fit for balmy nights. Think ice cold Ginger Lychee Tinis and an ever-growing natural wine list. 

We’re climbing Mt Kosciuszko for charity next Saturday! The Shores team have signed up for cult homewares and lifestyle brand, Pony Rider’s very first ever Wild for Wilderness Charity Hike. Run by HUMA Charity Challenge, the 22km adventure is in support of Pony Rider’s giveback program The National Project, which raises money to support and preserve our beautiful national parks. Want to champion the cause? Donate to our weary legs here.

Local multi-disciplinary artist Madi Luschwitz celebrated her near sell-out solo show Myth a couple of weeks ago at Newport’s Knap Store. If you missed it, don’t make that mistake twice – she still has a few of her evoking, colour-filled pieces waiting to be snapped up. Head to her Instagram account @madi.luschwitz and DM her to purchase.

If vintage treasures and quality pre-loved fashion are your thing, mark your calendar for Avalon’s Car Boot Sale on Sunday November 27 at Dunbar Park. Less a boot, and more an fancy flea, we know a few local designers who regularly circulate their enviable wardrobes… It’s first in best dressed, so get there early. 

Looking to sell?

Now is also a great time to start planning if you aim to sell in early 2023. It generally takes a few weeks for a property to be listed, sold, and settlement is usually a couple of months after that. So, if you’re looking to buy or sell when the market kicks back off in late Jan…call us! We would love to help. Request a market appraisal here!

And a quick shout out to our beautiful listing over on Scotland Island. Yesterday, the lovely owners received a gold star for landing on the 2022 Quality Tourism Gold List! An award based on guests who have rated or posted a review of their stay on various websites. Take a look here!

Images:

Hero image credit and link: Sir Duncan

Jacaranda credit and link: @msmaggiely

Sir Duncan Fritto Misto di Mare credit and link: Sir Duncan

Madi credit and link: Madi Luschwitz

Pony Rider credit and link: Image: Pony Rider shot by Chris Searl