Quarterly Marketplace Report Balgowlah Heights 3rd Quarter 2014

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Quarterly Marketplace Report Balgowlah Heights Properties Sold 1st July – 30th September 2014

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Transcript of Quarterly Marketplace Report Balgowlah Heights 3rd Quarter 2014

Page 1: Quarterly Marketplace Report Balgowlah Heights 3rd Quarter 2014

             

                                                       

Quarterly Marketplace Report

Balgowlah Heights

Properties Sold 1st July – 30th September 2014

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How’s the market?

Will the Spring rush slow down our rate of growth?

Sydney and Melbourne were the only capital cities in Australia to see a gain in the last quarter ending in July. Sydney’s dwelling values increased by a further 5% over winter, which is the strongest result since winter 2007. Dwelling values have now increased by 16.2% from this time last year. Since the commencement of this growth phase beginning in June 2012, Sydney has recorded a 27.2% increase in dwelling values. This continued growth could be explained by the 16% decrease in the number of listings on the market from this time last year. Properties are still selling fast at 14-30 days on average, compared to 41 days

from this time in 2013. This is of course assisted by auction clearance rates remaining strong at approximately 80%. Now that Spring has sprung, the underlying strength of our property market will get it’s first true test. “Super Saturdays” will be approaching our auctions soon and the early Spring market is always a good indicator of just how super they will be. But will there be a sudden influx of stock in the coming months? Personally, I have not seen stocks levels this low in my 30 year career, and while more property should come on the market during Spring, demand will still exceed supply. I'd love to be able to tell you what the market looks like in December and only time will tell. My bet is that while there are no signs of an interest rate rise in the near future, the market will continue to rise. Owners are realising the growth of their most important asset, whilst buyers are bidding away knowing that money has not been this cheap to borrow in over 60 years. So if you have thought about moving in the near future, and have not realised the asset you are sitting on, please contact me on 0418 479 738. I’d love to help you weigh up your options.  

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3rd Quarter 2014 Statistics: Balgowlah Heights

Residential properties sold Properties for sale today Highest Sale Price Median Sale Price

Number of realestate.com.au Internet views for Balgowlah Heights in August

20

9

$2.761m

$1.78m

10,691

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Properties Sold 3rd Quarter 2014

12 Willawa Street

4 bed 2 bath 2 car 677m2

$- Not Disclosed

19 Willawa Street

3 bed 2 bath - car 635m2

$1,465,000 27 Bungaloe Avenue

4 bed 2 bath 2 car 822m2

$1,550,000

1 Elevation Avenue

4 bed 2 bath 2 car 637m2

$- Not Disclosed

Information about this report: This report only shows 3 months of sold properties and data. This report is based on third party data, which is provided by RP Data. Whilst care has been taken in the preparation of this report, neither the author nor the real estate agent takes any responsibility for any incorrect, misleading or inaccurate data. Please disregard this publication if your property is exclusively listed with another agent. Houses displayed are only houses which have sold in the quarter and were publicly listed.

20A Ernest Street

4 bed 2 bath 2 car 795m2

$- Not Disclosed

35 Curban Street

4 bed 2 bath 2 car 594m2

$- Not Disclosed 5 New Street

4 bed 2 bath 4 car 792m2

$- Not Disclosed

22 Radio Avenue

5 bed 3 bath 2 car 492m2

$1,675,000 16 Gertrude Street

3 bed 1 bath 1 car 695m2

$1,680,000

19 Bungaloe Avenue

3 bed 2 bath 1 car 500m2

$1,700,000 15 Adrian Place

3 bed 2 bath 2 car 613m2

$1,730,000 4 Mulgowrie Crescent

3 bed 3 bath 2 car 677m2

$1,920,000

31 Radio Avenue

4 bed 3 bath 1 car 506m2

$1,805,000 35A New Street

5 bed 4 bath - car -

$1,945,000 18 Dobroyd Road

5 bed 3 bath 2 car 567m2

$2,000,000 18 Tutus Street

3 bed 2 bath 1 car 703m2

$2,100,000

39 Lewis Street

4 bed 2 bath 1 car 704m2

$2,010,000 63 Condamine Street

4 bed 2 bath 2 car 753m2

$2,575,000

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Properties Sold 3rd Quarter 2014

45/2 Gertrude Street

5 bed 4 bath 3 car -

$- Not Disclosed

47 Beatty Street

3 bed 2 bath 1 car 627m2

$2,761,000

The Key: 21 Secrets to Selling Your Home for More!

With over 29 years of real estate expertise, I am humbled to have been chosen to endorse this book - “THE KEY – 21 Secrets To Selling Your Home For More”. I believe in empowering property sellers and that’s exactly what this little book does. “THE KEY – 21 Secrets To Selling Your Home For More” is an authentic and easy to read book, written by Peter Hutton who is a highly acclaimed author on property marketing. I believe this book has something new for everyone. Enjoy! It's yours for free with my compliments. Go to my website below to get your copy: tonyquattroville.com.au

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Why Tony Quattroville?

Tony Quattroville is an accomplished businessman and real estate agent who offers clients a unique understanding and passion for the Northern Beaches real estate market.

A first-rate negotiator with a reputation for achieving results above expectation, Tony Quattroville has more than 29 years of local real estate experience and intimate market knowledge to his name. After successfully completing his studies at St Pauls College, Manly he commenced his career in real estate in 1985, selling his first listing when he was just 18 years young. Since that time he has sold more than 800 properties on the Northern Beaches, some up to 4 times round. Tony is highly respected for his exceptional results, honesty and professional service. Tony is now ranked in the top 3% of best performing agents in the country.

A consummate professional known for his up-front and direct approach, Tony has a natural way of making people feel comfortable and educated in their decisions. He prides himself on his commitment to customising and assertively executing the best possible transaction on his clients’ behalf. Tony’s deep-seated sense of reliability has resulted in an extensive client base. His inbuilt understanding of differing needs and ability to match people with property has resulted in ongoing repeat & referral business. He uses his creative talents to find solutions that make sure his deals succeed. TESTIMONIALS: Please feel free to call Patrick and Susan (recent vendors) who’ll be happy to have a chat with you about the brilliant result Tony was able to achieve for the sale of their homes. Call Patrick Feltham on 0459 516 735 and Suzie Patterson on 0450165 775.

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About us

ONEAGENCY is a network of the industry's top real estate professionals- individuals who have excelled in their field & have earned the respected reputation required to successfully operate their very own real estate practice. The ONEAGENCY ethos is all about ONE on ONE personal service. After 29 years of successfully selling real estate on the Northern Beaches & with over 800 sales personally to his name, highly regarded real estate identity Tony Quattroville, has proven over the years that when it comes to selling or leasing a property most owners will choose an experienced individual over a large organisation, and personal service counts for way more than the size of your shopfront.

Meet my team

Simon Smith Head of Marketing

Finn Simpson Business Development Manager

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Office

02 9905 3883

Mobile

0418 479 738

Email

[email protected]

Web

tonyquattroville.com.au