Kevin Chui 3rd Quarter 2017 Marketplace Report

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SUNNYBANK HILLS 3Rd Quarter 2017 Marketplace Report I Kevin Chiu


ratemyagent

Hello, and welcome to my Property Report for Sunnybank Hills. We are hastening towards the end of the year, and the holiday season slow down. Sunnybank Hills has delivered a solid result as per our expectations. A great location with the perfect balance between convenience, quietness and living safety. Combine this with the security of solid results across the local housing market, and you have the perfect combination of lifestyle and security. Feel free to call me if I can help in anyway with your property transactions. Kevin Chiu I 0411 621 991


Auctions and a shifting market Over the last twelve months it has been a privilege for me to help so many locals move. As the most recommended agent in Sunnybank Hills (ratemyagent.com.au) and as Place’s number one auction agent across the entire group it has been interesting to witness first-hand the shifts that are occurring locally in the property market. Firstly, the market place is still performing in a consistently strong manner. While there are no wildly high gains in prices, as seen in parts of Sydney, the median price for a home in Sunnybank Hills has risen by just under 40 per cent over the last five years. The number of house sales also rose with 10.6 per cent more homes changing hands in the twelve months to July 2017. Buyer demand remains in line for with this time last year and we are recording strong attendance at both our auctions and our inspections/open homes. Despite changes to lending practices and some additional restrictions impacting foreign buying, the Chinese buyer market in Sunnybank Hills remains strong. To witness for yourself the current state of the market I invite you along to one of my many open homes and auctions over the coming weeks – you can find additional details on my Facebook page or you can simply call me. I am here, to assist you with any of your real estate needs and welcome the chance to provide great advice in a straight forward practical manner.


Place Top Auction Agent Award 2016/17

Place Gold Sales Agent Award 2016/17

76

PROPERTIES SOLD IN SUNNYBANK HILLS


HIGHEST SALE PRICE

LOWEST SALE PRICE

MEDIAN PRICE ACHIEVED FOR THE PERIOD

$1.478m $225,000 $580,000 CURRENT AVERAGE TIME ON MARKET

40 DAYS

NUMBER OF PROPERTIES FOR SALE

AUCTION CLEARANCE RATE

31.82% NUMBER OF HOUSES FOR SALE

88 PROPERTIES 63 PROPERTIES

MEDIAN PRICE SAME TIME LAST YEAR

$661,666 MEDIAN PRICE GROWTH LAST FIVE YEARS

32.59%

*About this marketplace report. In compiling this report the author has relied upon information supplied by a number of external sources including PriceFinder. The publication is supplied on the basis that whilst every care has been taken in the preparation, no representation has been made and no responsibility is accepted for the accuracy of the whole or any part of the publication by the author. The transactions reported are for transactions reported during July, August, September and October 2017 and some properties have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Kevin Chiu by datachurp.


TOP 25 SUNNYBANK HILLS SALES Street Address

Bed

Bath

Car

Land Size

Sale Date

Sale Price

1

6 Berkley Place

6

4

2

850m2

Jul-17

$1,478,888

2

45 Jackson Road

5

4

4

1012m2

Aug-17

$1,200,000

3

58 Lynelle Street

4

2

2

800m2

Jul-17

$1,000,000

4

14 Caesar Court

4

2

2

944m2

Aug-17

$949,000

5

32 Falstaff Street

5

3

2

866m2

Jul-17

$939,999

6

22 Lindis Street

3

2

2

789m2

Aug-17

$900,888

7

43 Dapper Street

5

3

2

679m2

Jul-17

$865,000

8

188 Gowan Road

5

3

2

543m2

Aug-17

$850,000

9

27 Hillcrest Street

4

2

2

796m2

Jul-17

$840,000

10

5 Romeo Court

6

3

2

684m2

Sep-17

$815,000


11

30 Furorie Street

5

2

2

652m2

Aug-17

$815,000

12

5 Romeo Court

6

3

2

684m2

Aug-17

$815,000

13

2 Mylonas Court

4

2

2

472m2

Aug-17

$810,000

14

6 Lamona Circuit

5

2

2

937m2

Oct-17

$801,500

15

38 Ballater Street

4

2

2

751m2

Jul-17

$782,500

16

5 Caprice Court

4

2

2

755m2

Jul-17

$775,000

17

28 Evander Street

5

3

2

611m2

Aug-17

$767,000

18

16 Honeywood Street

4

2

2

703m2

Sep-17

$765,000

19

19 Evander Street

4

2

2

926m2

Sep-17

$755,000

20

22 Lynelle Street

4

2

2

600m2

Jul-17

$750,000

21

6 Ophelia Court

3

2

2

660m2

Sep-17

$730,000

22

13 Taldot Place

4

3

2

454m2

Oct-17

$705,000

23

37 Ditton Road

3

2

2

998m2

Jul-17

$700,000

24

20 Dumaresq Street

4

2

2

695m2

Sep-17

$700,000

25

14 Peatmoss Street

4

3

2

649m2

Jul-17

$695,000


Kevin was a great agent! Kevin made the process very easy for us. He was very patient, thorough and well organised. He is clearly a very experienced and knowledgeable professional. We would be pleased to recommend Kevin to anyone else who wants to buy or sell their property. Thanks again Kevin. JAMES & ELIZABETH C., SELLERS 16 HONEYWOOD STREET, SUNNYBANK HILLS

Kevin Chiu 0411 621 991 KevinChiu@eplace.com.au


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