3 mins
November 4, 2019

A History of Real Estate in Manly

A History of Real Estate in Manly

Manly had been envisaged as a seaside resort by Henry Gilbert Smith in the 1850s. An early map (1822) shows a plan of a proposed township of Manly. Certainly, the quiet waters of North Harbour would have afforded greater protection for the small boats that were the only link with Sydney during that period. By the early 1820’s scattered settlement began in the Manly Cove and North Harbour areas.

Manly was very much a village then and while many things have changed over the years, Manly is still affectionately referred to as 'The Village'.

Manly’s rich history is evident in the homes on offer. From the oldest homes built in the late 1800s, Federation homes and art deco or P&O designs, to modern architect-designed abodes, homes here are generally well-presented. A limited number of homes are available which are in close-to-original condition, often through deceased estates.

Due to the popularity of Manly and its excellent views, more and more apartment buildings are springing up, although building regulations ensure they are kept to three or four storeys high. The most recent and modern apartment block build along Manly Beachfront is “Shoreline Manly Beach” which is 4 floors high and offers 14 brand new residential apartments.

The relaxed lifestyle, beaches and proximity to Sydney city have led to Manly's real estate prices being amongst the highest in Australia. The adjoining suburb of Seaforth, which is now also part of Northern Beaches Council, has been ranked as the 25th richest suburb in Australia. C&H currently hold the suburb record for the house price in Manly, at 38 Bower Street which sold by Michael Clarke and Cherie Humel, above $17m in August this year.

Median property prices in Manly over the last year range from $2,650,000 for houses to $1,275,000 for units*. C&H is the highest-selling Agency of Manly property by dollar value and are the most recommended Agency in Manly Real Estate** and have sold many of the top-end homes in the area over the last 12 months.

Houses currently on the market with Clarke & Humel in Manly.

Clarke & Humel recently marketed 42 Golf Parade, Manly; a c1919 weatherboard beach house, which had undergone a masterful architectural transformation to craft it into a beautiful family home on Manly Flat. This home was sold within the guide of $3,450,000 and $3,750,000 and resulted in a new street record for Golf Parade.

We have also just sold  3/102 North Steyne, Manly – It is house-like in proportion and penthouse-like in appeal, this phenomenal garden apartment is unquestionably one of the finest residences lining Manly’s exclusive beachfront strip. The apartment set within the prestigious “Mirage” security building offers high-end custom renovations and flows enticingly to private tropical courtyards. Michael and Cherie sold this prestige apartment prior to auction with a guide of $4,500,000 - $4,950,000.

28 Pacific Parade Manly is now on the market with Michael Clarke & Cherie Humel to be auctioned on Saturday 9th November, with a guide of $3,200,000 - $3,500,000 and offers seamless in/outdoor living minutes from Manly Beach and eateries. This beach cottage has been cleverly transformed into a bespoke coastal haven of elegance, style and privacy.

As unique as it is spectacular, the innovatively designed boutique townhome at 2/44 Golf Parade, Manly, (previously the site of the Manly Squash centre), artfully combines inner city contemporary chic with relaxed coastal styling to provide a bespoke retreat in this premier beachside setting. This property has been marketed by Michael Clarke and Garry Greco and has just sold well above the price guide of $1,900,000 - $2,000,000.

View our recently sold listings in and around Manly.

 

*REA

** ratemyagent