Cameron Nicholls Market Report End of Financial Year 2021
A message from Cameron Nicholls Most Sydney suburbs have seen significant growth despite the continued COVID cloud hanging over our heads. It has been an absolute pleasure to be involved in the process of people buying and selling real estate and to see the joy it brings individuals and families amidst a time of such uncertainty. On the whole, the team at Nicholls & Co has performed exceptionally well this past financial year with some outstanding results. In the past financial year we have operated in 15 suburbs, truly showcasing our exceptional ability in marketing. As the financial year came to a close, we saw strong and steady Auction clearance rates across the board in Sydney, consistently sitting in the mid to high 80% range. However, not surprisingly, Auction clearance rates for our core area of the Inner West region of Sydney consistently remained one of the highest clearance rates week in week out. There is a great attraction to the area with properties selling faster than ever before. Business talk aside, my wife and I welcomed our second daughter into the world in November 2020, Lily James, which was by far the highlight. My work family also grew with the addition of Arthur Syrios and Tanvi Karavadra. Arthur has exceptional talent in the sales space and Tanvi is applying her superior skills in marketing by steering the ship with all of our digital and creative work. On April 15th I co-hosted a charity golf day for MS Australia at Concord Golf Club that saw the likes of Kerrie-Anne Kennelly, Peter Sterling and Mitchell Moses to name just a few attend and what a fantastic day that was. I am hoping we will be able to go around again in 2022. That’s it from me. I sincerely hope you enjoy a glance at the year that was for Nicholls & Co. Warm Regards, Cameron Nicholls PRINCIPAL 02 9713 7433 0421 733 118 cameron@nichollsandco.com.au
Top 10 Nicholls & Co Sales Address 690 Victoria Road, Ryde
60 Admiralty Drive, Breakfast Point
19 Excelsior Street, Concord
52/41 Phillips Street,
Property Type Bed Bath Car
Size
Sale Date
Sale Price
Block of Units
11
10
7
272sqm
Jun 21
$4,100,000
Semi/Duplex
4
2
2
284sqm
July 20
$2,500,000
House
5
2
1
437sqm
Feb 21
$2,500,000
Apartment
4
2
2
163sqm
July 20
$2,150,000
House
3
1
1
474sqm
Apr 21
$1,840,000
House
3
1
1
613sqm
Jun 21
$1,700,000
House
3
2
2
695sqm
Mar 21
$1,530,000
Apartment
2
2
2
136sqm
Aug 20
$1,525,000
Apartment
2
2
2
104sqm
Feb 21
$1,400,000
Apartment
3
2
2
158sqm
Oct 20
$1,240,000
Apartment
2
2
1
118sqm
Jun 21
$1,200,000
Cabarita
5 Clayton Street, Ryde
21 Conrad Street, North Ryde
76 John Street, Lidcombe
12/53 Peninsula Drive, Breakfast Point
410/10-16 Vineyard Way, Breakfast Point
202/6 Fairwater Close, Breakfast Point
22/17 Orchards Avenue, Breakfast Point
10
4
7
690 Victoria Road, Ryde
5
2
1
3
1
2
2
2
2
12/53 Peninsula Dr, Breakfast Point
76 John St, Lidcombe
2
2
202/6 Fairwater Close, Breakfast Point
2
2
2
410/10-16 Vineyard Way, Breakfast Point
0 0 0, 0 0 2, 1$
0 0 0, 0 4 2, 1$ 3
1
0 0 0, 0 0 4, 1$
00 0, 5 2 5, 1$
2
1
21 Conrad St, North Ryde
5 Clayton St, Ryde
0 0 0, 0 3 5, 1$ 2
1
0 0 0, 0 0 7, 1$
3
2
2
19 Excelsior St, Concord
00 0, 0 4 8, 1$
2
52/41 Phillips St, Cabarita
3
2
60 Admiralty Dr, Breakfast Point
00 0, 0 5 1,2 $ 4
00 0 ,0 0 5 ,2 $
00 0 ,0 0 5 ,2 $
00 0, 0 0 1,4 $ 11
2
1
22/17 Orchards Avenue, Breakfast Point
Sydney Property Market during the COVID-19 Pandemic - Statistics Since Stage 4 lockdowns were eased last year Sydney house prices grew the fastest of all our capital cities at 15.7%. Sydney properties increased 0.6% over the lockdown from June 2021, up 2.3% over the month to July and 15.1% this year alone. Sydney property values have only recently exceeded their previous 2017 peak levels. Sydney dwelling values are up by 15.0% in the past year.
Sydney Median House Price FY 2001 $325,000
FY 2011
$595,000 FY 2021
$1,410,133
Inner West Suburbs with the Largest Price Growth Strathfield
Chiswick
Cabarita
Drummoyne
Balmain
Abbotsford
Rhodes
Five Dock
Burwood
Glebe
$0
$1,000,000
$2,000,000
$3,000,000
$4,000,000
Top 10 Suburbs Suburb
Median Sale Price
No. of Sales
Top Sale Price
Suburb
Median Sale Price
No. of Top Sale Sales Price
Strathfield
$3,115,332
192
$6,500,000
Abbotsford
$2,536,668
30
$7,400,000
Chiswick
$2,943,753
9
$8,000,000
Rhodes
$2,404,150
7
$6,900,000
Cabarita
$2,852,176
20
$8,275,000
Five Dock
$2,261,656
81
$5,100,000
Drummoyne $2,623,380
69
$8,550,000
Burwood
$2,196,107
56
$6,600,000
Balmain
143
$11,000,00 0
Glebe
$2,111,260
87
$6,620,000
$2,571,366
Case Studies
690 Victoria Road, Ryde
19 Excelsior Street, Concord
11
4
10
7
2
2
THE AIM
THE AIM
The aim of this campaign was to roll out a comprehensive marketing campaign to maximise the return and attract prospective buyers for this block of units. According to the data this aim was achieved.
The objective of this campaign was to develop a strategic marketing plan to attract as many potential buyers and investors as possible. This goal was met, having sold the house at an outstanding price.
DIGITAL
DIGITAL
realestate.com.au- premiere; audience
realestate.com.au- premiere; audience
maximiser 30,000 impressions
maximiser 30,000 impressions
domain.com.au - Platinum
domain.com.au - Platinum
10 images
13 images
STATS
STATS
Buyers engaged
52
Buyers engaged
252
Enquiries
48
Enquiries
161
Viewers Sold prior to auction
4
Viewers Sold at auction
91
Case Studies
52/41 Phillips Street, Cabarita
12/53 Peninsula Drive, Breakfast Point
4
2
2
2
2
2
THE AIM
THE AIM
This campaign had an aim to encourage and attract prospective buyers, whilst building relationships with these to eventually increase the opportunity for a sale.
The objective of this campaign was to create a marketing plan that would set this listing apart from other competing properties on the market, located within Breakfast Point.
DIGITAL
DIGITAL
realestate.com.au- premiere; audience
realestate.com.au- premiere; audience
maximiser 30,000 impressions
maximiser 30,000 impressions
domain.com.au - Platinum
domain.com.au - Platinum
16 images
14 images
STATS
STATS
Buyers engaged
42
Buyers engaged
76
Enquiries
18
Enquiries
44
Viewers
24
Viewers
32
Sold prior to auction
Sold through private treaty
Testimonials "We have been extremely happy with Cameron Nicholls and staff. We were wanting to downsize and we found Cameron very very helpful. We were nervous as we had lived in our house for over 40years. Cameron kept us informed every step of way and we are most grateful to him for making things run smoothly" - Vendor
"The process of buying a home is always a significant milestone in anyone’s life. While parts of the overall process can be quite stressful, Cameron was always quick to accomodate our requests to appease any of our worries accordingly. At times even going beyond the call of duty to empathically help us on certain matters. Cameron’s willingness to help nature was an ideal interaction we expected and we received during our overall experience" - Buyer
"We recently bought through Cameron and his team and we would highly recommend him. Throughout our interactions with Cameron, he was always easy to reach, transparent and communicated clearly and honestly with us. He was extremely helpful with the whole process and we would happily recommend him and his team" - Buyer
"Cameron has great communication skills and kept us updated with all viewings. He is very personable and accomodating and had our best interests at heart. He has a great knowledge of the property market. I would highly recommend Cameron for anyone wishing to sell their property" - Vendor
"Good agent with great knowledge of the area. And a good list of local buyers. Always professional and pleasure to deal with. Good communication skills" - Vendor
Thank You The team at Nicholls & Co would like to extend a heartfelt thank you to the local community and all our clients for your continued support. Nicholls & Co is the only real estate office located within Abbotsford and we strive to deliver you a service like no other. We are extremely passionate about our beautiful bayside suburb and surrounding Inner West suburbs, as well as the community. We also believe it is imperative to work with an agent who truly knows and loves the area in which they are servicing. Therein lies our solemn promise to you. Thank you for your time. We truly hope you have enjoyed this report and that it is of informative value to you.
CAMERON NICHOLLS Director/Principal
ARTHUR SYRIOS Associate
TANVI KARAVADRA Sales & Marketing
cameron@nichollsandco.com.au 0421 733 118
arthur@nichollsandco.com.au
tanvi@nichollsandco.com.au
0423 361 864
JAS KHURANA Property Manager
LISA MILNER Accounts
jas@nichollsandco.com.au
accounts@nichollsandco.com.au
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1/569 Great North Road, Abbotsford, NSW 2046 02 97137433