Angus Gorrie - Randwick North Report 2016/2017

2016/2017 Randwick North Report Angus Gorrie

Angus Gorrie Randwick North Specialist 9386 3434 0418 282 853 angusgorrie@mcgrath.com.au

Angus Gorrie and Nicholas Wise

Welcome to my end of financial year report, the spring market is upon us!

Traditionally, winter means fewer available properties for buyers, and this has again been indicated over the last few months. The benefits for vendors in this case are improved clearance rates and reduced days on market – some of the best sale prices are achieved during August and September.

We are in contact with a number of buyers who are eager to purchase, and with stock levels still low, this is the perfect time to sell before the busier months of October and November.

If you would like to take advantage of the current market conditions and the success my team is experiencing this year, we would be more than happy to discuss your selling options.

Angus Gorrie Randwick North Specialist 9386 3434 0418 282 853 angusgorrie@mcgrath.com.au

Featured sale

37 Earl Street, Randwick Bed/Bath/Car

5/2/1

Sold by

Angus Gorrie

Testimonials

“Angus is a fabulous real estate professional who handled our sale in a top-notch way. Angus is exactly the mix you need in an Agent. Tenacious, good communicator, unrivalled knowledge, topped off with being a great bloke.”

Alistair Ferrier – Market Street, Randwick North

“Having worked in Real Estate as a professional staff member, we were going to choose another agent, based on existing relationships, but Angus was driven and eager to ensure that we got the best result and that he would be responsible for the sale. He is extremely knowledgeable and confident. He knows how to do his job well! We’re happy for Angus to call on us, should any of his potential clients need reassurance that he is the right choice – because he was for us! Thank you, Angus! You’ve got the perfect blend of experience and enthusiasm, coupled with country determination and honesty. Angus worked with us to build a targeted and cost effective campaign we were happy with (in minimal time, over the Christmas break) and we sold prior to Auction – such a bonus! ” Gloria Fuvasier – Dutruc Street, Randwick

Randwick North Statistics FINANCIAL YEAR 2016/2017

ALL AGENCIES

Number of houses sold

76

Average sale price for houses

$2.636m

Total value sold

$200.357m

FINANCIAL YEAR 2015/2016

ALL AGENCIES

Number of houses sold

79

Average sale price for houses

$2.411m

Total value sold

$190.497m

Randwick North agency market share – FY 2016/2017 19.31%

McGrath

17.24%

PPD Woollahra

6.21%

Belle Property

LJ Hooker

5.52%

Ray White

5.52% 4.83%

Raine & Horne

N G Farah Real Estate

3.45%

Bradfield Cleary

2.07%

Bresic Whitney

2.07%

Others

11.72%

Source: This information is being provided by Australian Property Monitors and Corelogic RP Data based on exchanged sales. Its accuracy cannot be guaranteed.

Parties should rely on their own enquiries and McGrath will not be liable for errors or admission here in.

Why McGrath?

936

$13 billion

SALES PEOPLE FROM 102 OFFICES ARE CONNECTED THROUGHOUT OUR NETWORK

VALUE OF PROPERTY SALES (FY2016)

375k

12,232

APPROXIMATE BUYERS IN DATABASE

PROPERTIES SOLD (FY2016)

China Desk

中文部

32,201

SERVICING THE CHINESE LANGUAGE MARKET

NETWORK PROPERTIES UNDER MANAGEMENT AND TOTAL ESTIMATED

$5m

45,000

IN MEDIA COVERAGE OVER 40,000 COPIES OF THE MCGRATH MAGAZINE IS DISTRIBUTED

READERS PER MONTH

300k

82k

WEBSITE VISITORS A MONTH

FOLLOWERS ON SOCIAL MEDIA

Source: RP Data (as of July 2017)

Randwick North house sales – FY 2016/2017 Address

Bed

Bath

Car

Land size (sqm)

Sale date

Sale price

15 Dutruc St

4

2

2

626

3/08/16

$4.9m

18 Earl St

5

3

1

538

19/11/16

$4.825m

39 Waverley St

2

1

2

405

20/10/16

$4.4m

39 Darley Rd

5

4

2

620

26/10/16

$4.271m

15 Rae St

6

4

2

348

4/04/17

$4.1m

37 Earl St

5

3

1

383

13/06/17

-

22 Wentworth St

3

2

2

417

28/06/17

-

6 Fraser St

5

3

2

569

18/03/17

$3.9m

10 Wentworth St

5

3

1

418

11/08/16

$3.825m

60B Dutruc St

4

3

2

360

16/05/17

$3.75m

1 Monmouth St

4

3

2

343

17/06/17

$3.54m

32 Marcel Ave

6

2

1

430

27/10/16

$3.5m

114 Alison Rd

4

2

3

500

13/04/17

$3.35m

11 Hooper St

4

2

2

612

16/06/17

$3.3m

7 Market St

4

3

2

233

27/08/16

$3.235m

30 Roberts Ave

5

3

1

266

15/06/17

$3.18m

5 Carter St

3

2

1

335

3/04/17

$3.15m

2 Dutruc St

5

2

2

525

15/05/17

$3.136m

33 Wentworth St

3

2

-

259

29/09/16

$3.08m

41 Wentworth St

4

2

1

258

25/07/16

$3.05m

1 Conway Ave

3

2

2

483

5/11/16

$3.04m

23 Mclennan Ave

4

2

1

281

29/04/17

$3.01m

67 Dangar St

3

3

2

455

13/12/16

$3m

55 Earl St

4

3

1

191

3/12/16

$3m

57 Earl St

4

3

1

190

13/01/17

$2.975m

Note: This information is being provided by Australian Property Monitors and Corelogic RP Data based on exchanged sales, not exclusively McGrath Sales.

Parties should rely on their own enquiries and McGrath will not be liable for errors or admissions here in.

Testimonials

“I had a great outcome when selling my property, thanks to Angus Gorrie. The whole process was very pleasing and I would recommend Angus to anyone wishing to sell. He was open to suggestions when it came to the advertising campaign and made me feel comfortable throughout.”

Jan Blake – Albi Place, Randwick

“I had the pleasure of working with Angus Gorrie when he sold my unit in Randwick in the middle of winter for an outstanding result. Angus worked tirelessly to produce a positive, stress free experience and was organised. He truly understands the market, its people and with his effective interpersonal skills had my unit sold in 2 weeks. Angus was determined to get me the right price and encouraged me to remain confident. When it came time to close the deal, he stepped up even further and I witnessed an inspiring negotiator who worked late into night getting me a sale price above and beyond my expectations. Well done Angus, thank you and all the best with your brilliant career.”

Clementine Hield – Bligh Place, Randwick

Randwick North house sales – FY 2016/2017 (cont.)

Address

Bed

Bath

Car

Land size (sqm)

Sale date

Sale price

12 Market St

4

2

1

307

1/06/17

$2.925m

32 Earl St

3

2

1

329

27/05/17

$2.905m

85 Wentworth St

3

2

1

417

19/08/16

$2.88m

33 Clovelly Rd

3

2

1

272

30/01/17

$2.817m

5 Gilderthorpe Ave

4

1

-

387

17/06/17

$2.765m

37 Pine St

5

2

1

401

26/07/16

$2.765m

11 Ravenswood Ave

3

2

4

417

2/07/16

$2.75m

5 Searle Ave

4

2

-

272

9/12/16

$2.725m

105 Wentworth St

4

2

2

367

8/11/16

$2.675m

74 Clovelly Rd

5

1

4

449

19/10/16

$2.675m

97 King St

4

2

1

304

25/02/17

$2,67m

28 Avoca St

3

2

1

302

18/10/16

$2.525m

18 Randwick St

4

2

-

230

26/08/16

$2.5m

5 Monmouth St

3

1

-

310

22/03/17

$2.475m

7 Wentworth St

3

1

2

261

24/09/16

$2.475m

153 Darley Rd

3

2

1

297

17/05/17

$2.4m

3 Wentworth St

4

2

2

202

18/02/17

$2.4m

3 Govett St

4

1

2

335

29/07/16

$2.4m

87 Clovelly Rd

3

1

1

354

18/11/16

$2.28m

4 Ravenswood Ave

3

2

1

196

9/12/16

$2.265m

17 Figtree Ave

4

2

1

177

16/06/17

$2.26m

16 Cook St

4

2

-

285

1/04/17

$2.475m

140 Clovelly Rd

4

2

1

335

6/08/16

$2.225m

285 Darley Rd

3

1

1

291

5/06/17

$2.2m

9 Carrington Rd

3

1

2

278

4/04/17

$2.2m

Note: This information is being provided by Australian Property Monitors and Corelogic RP Data based on exchanged sales, not exclusively McGrath Sales.

Parties should rely on their own enquiries and McGrath will not be liable for errors or admissions here in.

McGrath house sales – FY 2016/2017 DARLE Y ROAD

NNIAL

CARRIN GTO

AR

VE AN A ENN McL

EL

ANE

STREE T

AVE

RAVEN SWOO DL

D ROA ANS CHM N E FR

LY ROA D

BISHOPS

REET

STRE ET

M

ON BI AL

CARE Y

CHEPST OW STRE ET

R ST

N ROA D

CENTE

CAST LE ST REET

ANE EARL L OUTH STREE T

MONM

E

T KE

STANLEY ST

COOK STREET

H STREE T CHURC

STREE T

OA

PRINC E

E

STREET

ET

OV CL

NR ISO AL D

N LAN

PINE S TREET

HOOPE R

AVOCA STREET

BURTO

REET

EET

RO AD

N STRE ET

K STRE ET

LANE

N STR

COWPER ST

STEPH E

RANDW IC

REET

BURTO

LANE DANGAR

T LANE

KING ST

PRINCE

STREE T

WENTW ORTH S TREET WAVER LEY STR EET

GOVET

WHITE

MORT

LANE

LL Y

AVENU E

CL OV E

DICK S TREET

Randwick North average price movement for houses Average sale prices for financial year

$2.636m

2017

$2.411m

2016

$2.358m

2015 2014 2013 2012 2011 2010

$1.834m $1.713m $1.874m $1.823m $1.772m

Source: This information is being provided by Australian Property Monitors and Corelogic RP Data based on exchanged sales. Its accuracy cannot be guaranteed.

Parties should rely on their own enquiries and McGrath will not be liable for errors or admission here in.

Randwick North house sales – FY 2016/2017 (cont.)

Address

Bed

Bath

Car

Land size (sqm)

Sale date

Sale price

31 Church St

3

1

-

291

3/09/16

$2.125m

3 Ethne Ave

3

1

-

277

8/06/17

$2.075m

1A Hooper St

3

1

2

354

1/12/16

$2.025m

75A Carrington Rd

4

2

1

245

17/08/16

$1.96m

32 Gilderthorpe Ave

3

1

-

247

10/11/16

$1.95m

42 Cowper St

3

2

1

291

15/10/16

$1.923m

6 Avoca St

3

1

1

285

8/03/17

$1.91m

9 Avoca St

3

2

-

247

19/05/17

$1.9m

2 Barrett Pl

2

1

1

240

26/10/16

$1.9m

1 Wentworth St

2

1

1

215

2/06/17

$1.89m

59-61 St Marks Rd

3

1

-

208

2/12/16

$1.885m

19 Figtree Ave

3

2

-

184

28/09/16

$1.88m

11 Ethne Ave

3

1

-

266

30/07/16

$1.88m

25 Carrington Rd

3

2

2

272

11/03/17

$1.85m

34A Hooper St

3

1

-

257

2/08/16

$1.81m

14 William St

2

1

1

196

11/02/17

$1.8m

12 Randwick St

3

1

2

271

13/09/16

$1.8m

21 Figtree Ave

3

2

-

187

28/09/16

$1.78m

5 Park Ave

2

1

1

211

15/09/16

$1.66m

11 Waverley St

3

2

-

139

27/10/16

$1.65m

72 Carrington Rd

4

2

2

228

17/11/16

$1.6m

24 Gordon St

2

1

-

82

18/10/16

$1.55m

37 St Marks Rd

3

1

-

181

11/04/17

$1.52m

19 Waverley St

2

1

-

139

4/04/17

$1.5m

17 Waverley St

2

1

-

139

28/11/16

$1.5m

Note: This information is being provided by Australian Property Monitors and Corelogic RP Data based on exchanged sales, not exclusively McGrath Sales.

Parties should rely on their own enquiries and McGrath will not be liable for errors or admissions here in.

Angus Gorrie Randwick North Specialist 9386 3434 0418 282 853 angusgorrie@mcgrath.com.au

mcgrath.com.au