Seaforth

POSTAL CODE: NSW, 2092
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A steady increase in median property prices over a five-year period in the suburb translates to a 6.68% capital gain.

Property investors in SEAFORTH enjoyed capital gains of 1.37% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $3,712,500.

Profits due to an upward trend in home prices there averaged 2.23% per annum over a 3-year period.

Home owners selling their properties and realtors in SEAFORTH usually have to wait an average of 71.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $1700 mark, reflecting a 2.38% increase in returns based on the current median price in SEAFORTH.

SEAFORTH, 2092 places 1061st in Australia based on median property value growth during the quarter.

Surburb overview

Seaforth, located approximately 12 kilometres north-east of Sydney's central business district, is a suburb within the Northern Beaches Council jurisdiction. Positioned along Middle Harbour, it offers views of the harbour and Sugarloaf Bay. The suburb is connected to Mosman via the Spit Bridge and borders Garigal National Park to the north.

As of the 2021 census, Seaforth had 7,384 residents. The median age was 42, with children under 15 comprising 23.1% of the population. The majority, 64.9%, were born in Australia, followed by England (9.5%) and China (2.5%). English was the predominant language spoken at home, accounting for 81.9% of households.

Public transportation in Seaforth includes bus routes along Sydney Road, which connect residents to the Sydney CBD and surrounding suburbs. Approximately 22.1% of the working population commutes by bus, while 64.9% travel by car.

The local shopping district off Sydney Road offers various services, including niche market products. The area is also home to the Balgowlah RSL Memorial Club.

Seaforth provides several recreational facilities, such as parks and reserves. The walking track off Seaforth Oval is popular for relaxation and dog walking. Dining options along Sydney Road include Thai, Italian, French, and Indian restaurants, cafes, and a bakery.

In the property market, the median price for houses in Seaforth is approximately $3,635,000, with an annual capital growth of 1.54%. Rental yields for houses are around 2.57%, with a median rent of $1,750 per week.

Seaforth is home to Seaforth Public School, which offers primary education. Previously, a TAFE facility operated in the suburb, but it has since been replaced by an aged care facility.

Seaforth offers a family-friendly environment, leafy streets, water views, and a small-town feel, making it a desirable suburb in Sydney's Northern Beaches region.

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