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Five Undervalued Northern Beaches Suburbs Ready to Boom - February 2025

Written by Rich Harvey | Feb 21, 2025 9:40:21 AM

By Rich Harvey, CEO & Founder, propertybuyer.com.au

For decades, the New South Wales Central Coast region was in a property market holding pattern. It was flying under the radar of homebuyers and investors alike. But COVID’s significant upheaval brought the region into the limelight. Now, a raft of drivers across the political and economic spectrum will deliver exciting times to the Central Coast – and those who own property will be among the biggest beneficiaries.
Anthony Knight, Principal buyers’ advocate for Propertybuyer on the Central Coast, has lived in the region for decades. We recently chatted about the region and why he’s excited about what’s to come.

The Northern Beaches has long been one of Sydney’s most desirable regions, celebrated for its pristine coastlines, vibrant communities, and superb amenities. While established suburbs continue to command premium prices, there remain several undervalued pockets offering exceptional potential for future growth. Whether you’re an investor or a homebuyer, these five suburbs should be on your radar. 

 

Wheeler Heights – The Quiet Achiever 

Bordering the more expensive Collaroy Plateau, Wheeler Heights is an underrated gem. This family-friendly suburb offers spacious blocks and stunning bush views, creating a serene retreat from the hustle and bustle of city life. A highly regarded local primary school reinforces the community’s focus on quality education, making it an attractive prospect for families. And withing walking distance to Narrabeen Lake.  

Unlike many busier areas, Wheeler Heights is not a major thoroughfare, which means less traffic and a more peaceful environment. A medium-sized shopping centre caters to everyday needs without compromising the suburb’s inherent charm. The balanced mix of tranquillity and convenience positions Wheeler Heights as a smart choice for those seeking a quality lifestyle at a more accessible price. With a median house price of $2,250,000 and units at $990,000, this suburb offers strong potential for future appreciation amid Sydney’s growing demand for affordable properties. 

 

Elanora Heights – Space and Serenity 

For those craving extra space, Elanora Heights is a fantastic choice, renowned for its generous block sizes that allow for outdoor living and potential extensions. The leafy streets and spacious homes lend the area a serene ambience, offering a welcome escape from the pace of urban living. With a highly regarded local primary school, the suburb caters perfectly to those looking to combine a quiet environment with educational excellence. It contains good size blocks many with distant ocean views or over Narrabeen Lake. 

 

The neighbourhood is well served by a compact shopping centre that includes an IGA, a post office, a pharmacy, a bakery, and a selection of restaurants. In addition to these everyday conveniences, Elanora Heights offers a host of recreational facilities, including a local tennis club, two top-quality golf courses, and one of the few remaining squash centres north of the harbour. With a median house price of $2,410,000 and units at $1,150,000, Elanora Heights provides a compelling mix of space, community spirit, and future investment potential. 

 

Manly Vale – Lifestyle Meets Affordability 

Situated on the fringe of the more expensive Balgowlah and Fairlight, Manly Vale presents an affordable alternative with plenty of upside. Its strategic location offers excellent transport links—including easy access to the B-line—providing a swift connection to the Sydney CBD. This connectivity is particularly attractive to professionals who want to enjoy coastal living without compromising on a convenient commute. 

 

The suburb’s proximity to several beautiful local beaches, including Manly, Queenscliff, and Freshwater, adds considerable lifestyle appeal. These beaches not only offer scenic ocean baths and surf clubs but also foster a relaxed café culture that enhances the local community vibe. Outdoor enthusiasts will love its access to a national park and nearby sporting fields, offering ample opportunities for adventure and fitness. Local retail options are robust, with a supermarket and various strip shops fulfilling everyday needs, while Warringah Mall is just a short drive away for larger shopping trips. With a median house price of $3,090,000 and units at $1,350,000, Manly Vale is well positioned for continued growth, making it a prime choice for both families and investors. 

 

North Manly – The Underrated Sibling 

Often overshadowed by its more famous neighbours, North Manly is emerging as a highly appealing option for those who want the benefits of seaside living without the steep price tag. Nestled between the sought-after suburbs of Manly and Freshwater, North Manly offers a practical location with easy access to the pristine beaches and lively attractions of the Northern Beaches. 

 

Residents enjoy the convenience of nearby amenities such as Warringah Mall, ensuring that quality shopping and dining experiences are always within reach. The suburb’s ample sporting fields and recreational spaces foster an active lifestyle, contributing to a strong sense of community among families and young professionals alike. With a median house price of $3,210,000 and units at $1,340,000, North Manly stands out as a hidden gem ready for discovery, particularly as buyers seek alternatives to pricier neighbouring areas. 

 

Belrose – The Hidden Family Haven 

Belrose has quietly transformed into a hidden gem for families seeking a balanced suburban lifestyle. Characterised by expansive block sizes and a robust sense of community, Belrose provides a sanctuary that marries tranquillity with modern convenience. The suburb’s connectivity is a standout feature, with regular bus services to both Warringah Mall and Chatswood—where a train journey offers easy access to the Sydney CBD. 

 

A well-equipped local shopping centre (recently rebuilt) ensures that residents have access to all essential services, including major supermarkets and a variety of restaurants. The suburb also boasts a popular dog park, a well-maintained gymnasium, and several sporting fields (Lionel Watts), all of which contribute to a vibrant community life. Recent regeneration, marked by new builds and thoughtful renovations, has further enhanced Belrose’s appeal. With a median house price of $2,260,000 and units at $1,130,000, Belrose is fast becoming the hidden family haven of the Northern Beaches. 

 

The Takeaway 

The Northern Beaches remains one of Sydney’s most sought-after regions, with these five suburbs showcasing substantial growth potential. Whether you’re an investor seeking opportunity or a homebuyer after a balanced lifestyle, each suburb offers a blend of affordability, community spirit, and essential amenities. With ongoing infrastructure improvements and regeneration projects, property values are set for growth, making these areas prime for long-term investment. 

 

For anyone considering a move or investment in the Northern Beaches, engaging a knowledgeable Northern Beaches buyers agent can prove invaluable. Their local expertise and market insights can help secure the best deal in a competitive market, ensuring that your investment today transforms into a valuable asset for the future. Now is the time to explore these emerging markets, where the promise of a high quality of life meets smart, long-term property investment. 

 

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