EWINGSDALE EOY REPORT A EDITION
BRAD ROGAN
2022 was action packed in the real-estate space! We started with record growth that peaked in April, resulting in the Byron region being the nation’s most expensive, major housing market. We then experienced and number of impactful events that had continued softening affects on our market for the remainder of the year. This resulted in the Ewingsdale median house price easing from around $3.98m at its peak, to $2.98 by the end of 2022, a drop of 17.5%.
So, what now for 2023? There are 2 major opinions on the market direction: 1. Despite further rate rises predicted, the property values have reached the natural saturation point and will now move sideways throughout the year, or 2, With further rate rises on the horizon, we will see continued easing in prices with the potential for stressed sales to take place until we reach our market low. We expect that the strongest activity for the year to be in the first quarter of 2023. Brad Rogan Ewingsdale specialist bradrogan@mcgrath.com.au 0420 529 112
Recent sales in Ewingsdale No
Address
Bed
Bath
Car
Size
Price
1
39 Currawong Way
0
0
0
4,614sqm
$2,500,000
2
30 Avocardo Crescent
4
2
5
3,223sqm
$2,850,000
3
299 Myocum Road
6
3
3
7.42ha
$4,700,000
4
17 Magnolia Place
5
3
2
1.07ha
$6,700,000
5
126 Coolamon Scenic Drive
4
3
2
2.83ha
$8,900,000
6
55 Bay Vista Lane
6
3
4
5,621sqm
$5,000,000
7
42A Bay Vista Lane
5
5
6
8,215sqm
$4,100,000
8
2 Scenic Vista
6
2
2
4,856sqm
$4,000,000
9
60 Parkway Drive
3
2
1
3,466sqm
$2,600,000
10
2 Citriadora Drive
4
2
2
4,001sqm
$2,450,000
11
17 Whipbird Place
6
4
5
4,053sqm
$6,300,000
12
12 Scenic Vista
6
4
5
4,878sqm
$4,000,000
13
66 Parkway Drive
4
3
2
3,688sqm
$2,310,000
14
194 Kennedys Lane
4
3
6
1.78ha
$2,600,000
15
145 Parkway Drive
4
3
3
4,750sqm
$3,312,500
16
6 Wallaby Close
5
4
2
4,555sqm
$3,100,000
17
14 Magnolia Place
6
3
4
4,941sqm
$4,523,000
18
10 Figtree Court
5
3
6
5,116sqm
$3,900,000
Source: RP Data
A selection of my recent sales
10 Figtree Court, Ewingsdale Sold $3.9m
55 Bay Vista Lane, Ewingsdale Sold $5m
27 Rankin Drive, Bangalow Sold $1.692m
4/9 Easy Street, Byron Bay Sold $1.005m
59 Carlyle Lane, Byron Bay Sold $1.9m
Site 7, 42 Bilin Road, Myocum Sold $1m
Client testimonials “Brad and the wider McGrath Team were a huge support throughout our sale process. Brad's communication with all parties was amazing and he worked tirelessly to negotiate the best possible deal. Brad has an in depth understanding of the market which allowed him to provide us with pragmatic commercial advice which he delivered in calm and professional manner. We would definitely recommend Brad to anyone thinking of listing their property.” B & K Redden - vendors
“We sold our high-end Byron Hinterland property with Brad Rogan, and we cannot speak highly enough about the professionalism, support, pre-sale preparation, styling consulting, marketing, and expert negotiation skills in reaching an excellent sale price in good time. Brad's team worked very hard, were very enthusiastic, and we will engage them again and recommend them highly.” N King - vendor
“Clear communication, strategy and local Byron Bay market knowledge was used to achieve a great result for my family home. From the marketing through to the negotiation of the final result, everything exceeded my expectations. Thank you Brad for your hard work, I can’t recommend you highly enough!” B Dalley - vendor
“Brad has been amazing during the very trying sale of my property. Always well-presented and organised, nothing was ever an issue and his communication throughout made the whole process less stressful. Brad has come into the real estate market with a fresh new energy that really appealed to me when looking for an agent. When you sell with Brad, you feel like you have the only house on the market at that time which I found really comforting. Thank you Brad” K Basso - vendor