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