Recent Home Living Property Culture The Team North Shore Living
Recent Home Living Property Culture The Team North Shore Living
Our beautiful region of Ku-ring-gai offers a kaleidoscope of micro-regions, with the Ku-ring-gai Council area boasting not one but three national parks.

With 23 suburbs comprising Lindfield, Killara, Gordon, Pymble, West Pymble, Turramurra, Wahroonga, St Ives, Roseville and Warrawee (with bordering east, north, south and other sections) the Ku-ring-gai local government area lies adjacent to the main routes (the Pacific Highway and our rail line) to and from Sydney’s north.

Who lives here?

Just over 126,000 people live in Ku-ring-gai, only 39% of whom were born overseas or speak a language other than English in the home. However, the Upper North Shore is proving to be a popular destination for European, Chinese and Indian owner-occupiers and investors.

Most of us are owner-occupiers (83%) or have a mortgage, with only 17% of Ku-ring-gai residents paying rent.
Around 47% of us comprise couples with children.
Around 65% of us have undertaken some form of further education, with nearly 48% with university degrees.

Where do we live?

Most of us live in stand-alone houses: over 72% of us get to mow the lawn and tidy the garden every weekend. Ku-ring-gai has a much lower level of medium- and high-density housing than you find in other Sydney areas. We’ve seen an increase in high-density housing over the last five years, but also some extraordinary townhouses and villas are coming on to the market that local residents are adopting for a lock-and-leave lifestyle.

We’re seeing more dual-occupancy properties, propelled mainly by children choosing to live at home longer with parents. Plus some residents need to accommodate elderly parents, calling these parts of the home the granny flat or annex.

Commonly, homes on Sydney’s north shore will have the top-level devoted to parent accommodation and the lower level for extended members of the family, including pets!

Even in homes that don’t have separate living quarters, many buyers are looking for homes that boast a teenagers’ or grandparents’ retreat.

Many of our buyers and investors live locally or they’re returning to the area in which they grew up. (There’s becoming a well-trodden path that runs from the Upper North Shore to the Eastern Suburbs to the Balmain Peninsula and back to the Upper North Shore.)

It’s evident that our Ku-ring-gai suburbs provide many wonderful places in which to live and raise a family.

Who is selling in Ku-ring-gai?

Last month, 66% of our sellers were downsizing. We also noticed people selling to upsize, to clear debt or to find a property that will be a transition stage for them before they downsize again.

Who is buying?

We’ve noticed a large number of home buyers upgrading or upsizing. We’re also seeing a trend for transitioning before downsizing. Around 13% of buyers (mainly Baby Boomers) choose to move to a smaller but still generously sized lock-and-leave style property while first home buyers accounted for 11% of purchases.

Who is investing?

Interestingly the majority of investors purchasing properties in Ku-ring-gai live on Sydney's North Shore themselves. 59% feel confident investing in homes for rent on their doorstep, another 18% of investors live in other parts of Sydney. Then the remaining investors are either based overseas (12.5%), interstate (6%), or in regional NSW (4.5%).

What are property investors buying and where?
When we think ‘investment property’, we typically think of apartments. Ku-ring-gai bucks this perception, with 49% of investments going to detached homes. Of the remainder, 44% are units, 4% are townhouses and 3% are semi-detached. This largely reflects the volume of properties available in each category.

Interested in buying, selling, investing or renting in Ku-ring-gai?

Look no further than our experienced team of agents and property managers. With four offices and a team made up of more than 50 people, we comfortably cover the entire Sydney North Shore with every type of property service you could need.

Note: The information provided in this article is based on data held by McConnell Bourn, and is simply a snapshot of our information, not statistical data for the entire market.

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