Quarterly Marketplace Report Balgowlah (Houses) 2nd Quarter 2014

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Quarterly Marketplace Report Balgowlah (Houses) Properties Sold 1st April – 30th June 2014

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Transcript of Quarterly Marketplace Report Balgowlah (Houses) 2nd Quarter 2014

Page 1: Quarterly Marketplace Report Balgowlah (Houses) 2nd Quarter 2014

             

                                                       

Quarterly Marketplace Report

Balgowlah (Houses)

Properties Sold 1st April – 30th June 2014

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How’s the market?

Thinking of selling in Winter? It might not be such a cold thing to do!

Winter is surely upon us – these icy cold winds cutting through our streets have forced many of us into hibernation! The property market hasn’t been cooled so much - Sydney dwelling values increased by 0.2% in the first two weeks of June, partially reversing the 1.1% decrease we experienced in May, and auction clearance rates still healthy at 67-72%. Our current growth cycle has seen us enjoy a 21% increase in dwelling values since the beginning of the growth cycle in June 2012 – 16% of which has occurred in the past 12 months alone. If history is anything to go by then we know it is rare for a cycle of growth to last longer than two years in Sydney. This slowed rate of growth I predicted would happen after the first quarter of

2014 is not all bad news for homeowners. It could signify a change in housing market conditions towards a more sustainable level of growth moving forward. It is also important to remember that we only hear about Sydney-wide statistics. The high demand for housing in the Northern Beaches always sees us erring on the higher end of the city average. Many punters wax lyrical about the Spring property market as the only season in which to sell. Whilst the hype of the Spring selling market is infectious, it can also be difficult to achieve a premium price due to the lack of competition. When the market is flooded with properties in Spring, the buyers are spoiled for choice. If they miss out on yours, there’s another to buy around the corner. In the cooler months, you have less competition as a vendor - there are fewer homes on the market, and purchasers are motivated by having fewer homes to consider. Selling in Winter won’t leave you out in the cold, that’s for sure! Are you considering selling your home in the chilly months to come? Get in contact with me to discover the value of your property under current market conditions. The value of your home may have changed since last appraised.  

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2nd Quarter 2014 Statistics: Balgowlah

Residential houses sold Houses for sale today Highest Sale Price Median House Price

Number of realestate.com.au Internet views for Balgowlah in May

24

12

$2,182,500

$1.49m

21,053

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Properties Sold 2nd Quarter 2014

8/447 Sydney Road

2 bed 1 bath 1 car -

$560,000

4 Kitchener Street

2 bed 1 bath 2 car 305m2

$1,030,000 1/223 Condamine Street

4 bed 2 bath 2 car 707m2

$1,100,000

144 Griffiths Street

3 bed 1 bath 2 car 435m2

$1,225,000

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.

107 Griffiths Street

3 bed 1 bath 1 car 494m2

$1,230,000

25 Lombard Street

3 bed 1 bath 1 car 364m2

$1,350,000 56 Boyle Street

3 bed 2 bath 2 car 410m2

$1,400,000

284 Sydney Road

3 bed 3 bath 6 car 517m2

$1,400,000 54 Seaview Street

3 bed 1 bath - car 317m2

$- Not Disclosed

211 Balgowlah Road

5 bed 3 bath 1 car -

$- Not Disclosed 46 Bungaloe Avenue

4 bed 2 bath 1 car 457m2

$- Not Disclosed 203 Balgowlah Road

3 bed 2 bath 4 car 692m2

$1,470,000

9 Lombard Street

4 bed 2 bath 1 car 518m2

$1,457,000 4 Nield Avenue

4 bed 2 bath 2 car 312m2

$1,500,000 82 Woodland Street

3 bed 1 bath 1 car 809m2

$1,510,000 8 Coral Street

4 bed 2 bath - car 817m2

$1,610,000

10 Thomas Street

3 bed 2 bath 2 car 192m2

$1,600,000 8A Coral Street

4 bed 2 bath 2 car 509m2

$1,610,000

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Properties Sold 2nd Quarter 2014

175 Condamine Street

3 bed 1 bath 1 car 527m2

$1,615,000

27 Thomas Street

- bed - bath - car 264m2

$1,635,000 180A Woodland Street

3 bed 2 bath 2 car -

$1,635,000

173 Condamine Street

4 bed 2 bath 2 car 527m2

$1,660,000

32 Upper Beach Street

4 bed 3 bath 2 car 585m2

$1,880,000

30 Wanganella Street

4 bed 2 bath 2 car 683m2

$2,182,500

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. 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