Real Estate Market Report February 2014- Central Coast and Lake Macquarie

Page 1

Market Report

/DNHVKRUHV


/DNHVKRUHV

Hello and welcome to our quarterly update on the Market Report We really are very lucky as residents of the northern Central Coast.

Mark Millington

Our relaxed coastal lifestyle affords convenient access to Sydney, and, the southern shores of Lake Macquarie provide a dazzling array of beaches, sports, lifestyle, cultural and recreational pursuits - all set against the backdrop of a nature lover’s paradise – the hinterland that contours our western edge.

Our local property market continues to offer exceptional value, especially when compared to nearby Sydney, where house prices surged in 2013 and are possibly overheated. Although prices have increased locally, we believe their growth is measured and sustainable. With somewhat fewer homes on the market right now, it’s a great time to sell. However, if you’re looking to buy or rent, or you’d just like to know what your home’s worth, give us a call. We’re here to help!

Great tips for when selling your home 1. Think like a Buyer.

3. Forget your personal taste.

You are not just selling a house; you are selling a shelter, lifestyle and dream. People always want the best for themselves, and your home should represent the buyer’s answer to this goal. Put yourself in the buyer’s shoes!

The ‘market’ is always demand driven! Consider replacing unusual or bold colours with neutral tones. Two coats of white paint may be the best investment you ever made.

Remember, they arrive at your front door wanting to find the right home. Don’t make them search somewhere else for it. If you have done your homework, every room in your home will create a desire for them to stay. 2. Be cautious about selecting colours when painting or replacing carpeting. Your objective here is to make your home appeal to the largest possible buying segment. Ask yourself ‘how many of the available buyers would be able to move into your house with their furniture and not have to replace the carpeting?’ Position your home on the market to be as livable to as many people as possible.

4. Make sure the yard is neatly mowed, raked and edged. 5. Prune and shape shrubs and trees to complement your house 6. Consider adding seasonal flowers along the walks or in the planting areas. Place the plants into a well placed wheelbarrow, an old fashioned washtub, or something similarly attractive. Such standbys as petunias and verena, which are easy to maintain, requiring nothing more than regular watering. Try planting a row of sweet smelling alyssum to line a short sidewalk or pop in some perky dwarf marigolds to form a cheerful oasis of colour in your yard.


Market Report Properties Sold LD

LD

SO

SO

$369,500

3 2 1

$340,500

4 1 1

23 Orana Ave, Gwandalan

10 Rosemount Ave, Lake Munmorah

LD

LD

SO

SO

$465,000

4 1 2

8 Mariner Cl, Summerland Point

$311,000

3 2 1

14 Waverley Road, Mannering Park

Market Data Mannering Park

Wyee Point

Gwandalan

Summerland Point

Chain Valley Bay

Lake Munmorah

How many properties have sold over the last quarter?

18

10

16

16

8

21

What is the highest price paid in the last quarter?

$660,000

$1,085,000

$645,000

$465,000

$385,000

$743,000

What is the average price paid in the last quarter?

$293,864

$429,500

$316,179

$328,607

$312,500

$351,085

What is the lowest price paid in the last quarter?

$160,000

$205,000

$168,000

$180,000

$175,000

$160,000

How many properties are on the market?

20

12

36

20

16

What is the average weekly rental?

$350.00

$337.00

$350.00

$345.00

$350.00

57 $335.00


/DNHVKRUHV PROPERTY ADDRESS SUMMERLAND POINT 8 Anchorage Cir 20 Anembo Ave 36 Anembo Ave 1 Birrabang Ave 29 Birrabang Ave 1 Gordon Ave 8 Mariner Cl 53 Muraban Rd 67 Muraban Rd 28 Murrumbong Rd 6 Nirringa Rd 2 Omaru Pl 8 Regatta Way 28 Tradewinds Ave CHAIN VALLEY BAY 40 Findlay Ave, 26 Ivy Ave 49 Lloyd Ave 42 Trevally Ave GWANDALAN 4 Gamban Rd 157 Gamban Rd 12 Goorawin St 15 Imga St 28 Murraba Crs 19 Orana Ave 23 Orana Rd 34 Orana Ave 48 Parraweena Rd 18 Rakumba Rd 1 Seabreeze Cl

SUMMARY

AREA

SALE DATE

PRICE

4 Bed, 2 Bath, 2 Car 2 bed, 2 bath, 1 car 3 bed, 1 bath, 2 car 3 bed, 1 bath, 1 car 3bed, 1 bath, 1 car 4 bed, 1 bath, 2 car 4 bed, 1 bath, 2 car 3 bed, 2 bath, 1 car 3 bed, 1 bath, 1 car 3 bed, 1 bath, 6 car 3 bed, 1 bath, 1 car

597 M 538 M 538 M 512 M 803 M 898 M 643 M 538 M 538 M 512 M 512 M 803 M 633 M 659 M

18/10/13 18/10/13 23/12/13 01/11/13 22/11/13 12/12/13 11/11/13 04/10/13 26/11/13 11/12/13 05/12/13 02/10/13 17/10/13 04/11/13

$461,000 $245,000 $317,500 $330,000 $322,000 $410,000 $465,000 $310,000 $300,000 $292,000 $300,000 $465,000 $180,000 $203,000

3 bed, 1 bath, 1 car

556 M 557 M 468 M 601 M

23/10/13 16/10/13 17/12/13 22/10/13

$365,000 $175,000 $325,000 $385,000

481 M 430 M 506 M 506 M 651 M 519 M 512 M 474 M 2 Acres 626 M 710 M

29/11/13 26/11/13 20/11/13 08/11/13 20/12/13 04/10/13 23/11/13 20/12/13 20/12/13 16/10/13 29/10/13

$305,000 $247,000 $285,000 $168,000 $290,000 $410,000 $369,500 $389,000 $645,000 $255,000 $215,000

3 bed, 2 bath, 1 car 4 bed, 2 bath, 2 car 2 bed, 2 bath, 5 car 3 bed, 1 bath, 1 car

3 bed, 2 bath, 1 car 4 bed, 2 bath, 2 car 4 bed, 1 bath, 1 car 3 bed, 3 bath, 2 car 3 bed, 1 bath, 1 car 3 bed, 1 bath, 1 car

Preparing your home for sale? - We have a

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Market Report PROPERTY ADDRESS 32 Ulooloo Rd 136 Winbin Crs 12 Lake St WYEE POINT 22 Larapinta Dr 13 Railwat St 27 Railway St 32 Railway St 11 Watanga Crs 39 Wymeera Crt LAKE MUNMORAH 58 Anita Av 11 Anthony St 1 Conradi Cl 7 Covington Ct 7 Delavia Dr 18 Dianne Ave 10 Elizabeth Bay Dr 16 Kamilaroo Av 14 Kangaroo Av 25 Lauren Av 13 Lawver Cr 694 Pacific Hwy 5 Princeton Ct 13 Roanoke Dr 10 Rosemount Av, 14 Rosemount Av 77 Terence Av 19 Woodbridge Cr MANNERING PARK

SUMMARY 2 bed, 2 bath, 1 car 3 bed, 1 bath, 1 car

AREA 686 M 499 M 607 M

SALE DATE 17/12/13 07/12/13 10/10/13

PRICE $240,000 $273,000 $335,000

5 bed, 3 bath, 3 car 3 bed, 1 bath, 1 car 3 bed, 1 bath, 2 car

4 bed, 2 bath, 3 car

2 Acres 455 M 608 M 607 M 720 M 702 M

14/11/13 12/11/13 23/11/13 21/11/13 11/10/13 13/11/13

$1,085,000 $255,000 $260,000 $242,000 $205,000 $530,000

5 bed, 2 bath, 4 car Vacant land

588 M 556 M

3 bed, 1 bath, 2 car Vacant land 4 bed, 1 bath, 2 car 2 bed, 1 bath, 2 car 2 bed, 1 bath, 3 car 3 bed, 2 bath, 2 car 3 bed, 1 bath, 2 car 4 bed, 2 bath, 2 car 3 bed, 1 bath, 6 car 3 bed, 1 bath, 1 car 4 bed, 1 bath, 1 car 3 bed, 1 bath, 1 car 4 bed, 2 bath, 2 car 4 bed, 2 bath, 2 car

662 M 397 M 696 M 537 M 696 M 620 M 607 M 429 M 1012 M 408 M 359 M 556 M 563 M 556 M 463 M

04/11/13 25/10/13 17/11/13 23/12?13 07/11/13 28/10/13 30/10/13 28/10/13 15/10/13 26/10/13 14/11/13 14/10/13 29/11/13 04/10/13 06/10/13 29/11/13 05/10/13 02/11/13

$743,000 $160,000 $360,000 $300,000 $333,000 $290,000 $345,000 $314,000 $314,000 $345,000 $357,320 $370,000 $260,000 $315,701 $340,500 $345,000 $507,000 $320,000

3 Ballarat Av

3 bed, 1 bath, 1 car

506 M

31/10/13

$300,000

29 Campbell Pde

3 bed, 1 bath, 1 car

563 M

18/10/13

$280,000

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/DNHVKRUHV PROPERTY ADDRESS

SUMMARY

AREA

SALE DATE

PRICE

MANNERING PARK 84 Catherine St 2 Greenway Av 125 Griffith St 8 Gymea Cr 36 Kenilworth St 38A Kenilworth St 57 Vales Road 10 Warwick Av 14 Waverley Rd BLUE HAVEN

2 bed, 1 bath, 2 car 3 bed, 1 bath, 2 car 4 bed, 3 bath, 2 car 1 bed, 2 bath, 2 car 3 bed, 2 bath, 1 car Vacant land 3 bed, 1 bath, 1 car 3 bed, 1 bath, 2 car 3 bed, 2 bath, 1 car

563 M 506 M 759 M 506 M 323 M 323 M 1111 M 531 M 550 M

14/10/13 16/11/13 27/11/13 16/10/13 04/11/13 10/10/13 04/10/13 27/10/13 01/10/13

$160,000 $270,000 $660,000 $229,000 $275,000 $160,000 $295,000 $292,500 $311,000

47 McKellar Bvd

land

556 M

12/12/13

$135,000

174 Roper Rd

land

540 M

8/10/13

$165,000

46 Turner Cl

land

499 M

16/11/13

$188,000

48 Turner Cl

5 bed, 2 bath, 2 car, 2 lug

525 M

15/11/13

$188,000

7 Law Pl

3 bed, 1bath, 1car, 1lug

343 M

4/11/13

$260,000

34 Birdwood Dr

3 bed, 1 bath, 2 car

601 M

1/01/14

$280,000

51 Kawana Ave

3 bed, 1 ens, 1 bath, 1 car, 1 lug

556 M

16/10/13

$280,000

3 Penguin Rd

601 M

9/10/13

$280,000

51 Pinehurst Wy

3 bed, 1 bath, 1 car

612 M

21/12/13

$280,000

26 Barragoola Rd

3 bed, 1 bath, 1 car

374 M

1/01/14

$295,000

11 Cypress Cl

3 bed, 1 bath, 1 car

430 M

7/11/13

$302,500

8 Waugh Cl

3 bed, 1 bath, 1 car, 1 lug

395 M

22/11/13

$305,000

3 Blueridge Dr

3 bed, 1 bath, 1 car, 1 lug

343 M

25/10/13

$310,000

30 Blueridge Dr

374 M

1/12/13

$310,000

20 Nymboida Ct

3 bed, 1 bath, 2 car, 2 lug

540 M

30/11/13

$315,000

17 Colorado Dr

4 bed, 1 ens, 2 bath, 2 car, 2 lug

481 M

20/12/13

$320,000

10 Elm Pl

4 bed, 1 bath, 2 wc, 1 car, 1 lug

659 M

11/10/13

$320,000

157 Birdwood Dr

3 bed, 1 bath, 1 car, 1 lug

601 M

13/11/13

$325,000

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­Market Report PROPERTY ADDRESS

SUMMARY

AREA

SALE DATE

PRICE

47 Birdwood Dr

3bed, 1 bath, 1 wc, 1 car, 1 lug

715 M

6/11/13

$340,000

13 Waugh Cl

3 bed, 1 ens, 1 bath, 2 car, 2 lug

430 M

1/11/13

$340,000

16 The Circuit

4 bed, 2 bath, 2 car, 2 lug

546 M

24/10/13

$345,000

19 Bangalay Cl

4 bed, 1 ens, 2 bath, 2 car, 2 lug

500 M

18/10/13

$348,000

129 Birdwood Dr

3 bed, 2 bath, 1 car, 1 lug

670 M

26/10/13

$350,000

80 Colorado Dr

4 bed, 1 ens, 2 bath, 2 car, 2 lug

556 M

25/01/14

$353,000

89 Roper Rd

4 bed, 2 bath, 3 car, 1 lug

566 M

5/11/13

$360,000

6 Kawana Ave

3 bed, 1 bath, 2 car

563 M

14/10/13

$362,000

81 Colorado Dr

4 bed, 2 bath, 2 car, 2 lug

605 M

11/10/13

$365,000

19 Nambucca Cr

4 bed, 1 ens, 2 bath, 2 car, 2 lug

674 M

14/11/13

$370,000

13 St Lawrence Ave

3 bed, 2 bath, 2 car

661 M

1/12/13

$370,000

37 Loongana Cr

4 bed, 1 ens, 2 bath, 1 wc, 2 car, 2 lug

447 M

11/10/13

$375,000

38 Blueridge Dr

4 bed, 1 ens, 2 bath, 2 car, 2 lug

642 M

30/10/13

$380,000

74 Blueridge Dr

3 bed, 1 bath, 1 car, 1 lug

549 M

22/11/13

$380,000

5 Wilga Cl

638 M

1/12/13

$380,000

158 Roper Rd

3 bed, 1 ens, 2 bath, 2 car, 2 lug

657 M

10/12/13

$387,500

7 Harry Cl

4 bed, 1 ens, 2 bath, 2 car, 2 lug

552 M

6/12/13

$390,000

12 Murchison Cl

4 bed, 1 ens, 2 bath, 2 car, 2 lug

542 M

16/11/13

$390,000

73 Pinehurst Way

4 bed, 2 bath, 2 car, 2 lug

519 M

1/01/14

$410,000

36 Lenola Cr

4 bed, 1 ens, 2 bath, 2 car, 2 lug

699 M

4/10/13

$420,000

29 Olney Dr

4 bed, 2 bath, 2 lug

563 M

23/12/13

$420,450

114 Colorado Dr

4 bed, 2 bath, 3 car, 3 lug

603 M

16/01/14

$435,000

12 Daintree Cr

699 M

17/10/13

$462,000

BLUE HAVEN

Disclaimer: We have in preparing this document used our best endeavors’ to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements. Recipients should make their own enquiries to verify the information contained in this document. This report contains sales made by First National Lakeshores & other agencies.

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Conveyancing have been buying and selling homes for over 25 years call them on 02 4397 2233


/DNHVKRUHV 02 4359 1555 lakeshores.com.au


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