Welcome Join Vince and Daniel from Roads and Maritime Services as they present the fascinating history of the iconic Gladesville bridge. Ideal for history and engineering buffs alike! See you from 6pm – 7pm on July 19 at Gladesville Library, 6 Pittwater Road. Gold coin donation. For more info call: 9952 8378
John Paranchi T 02 9816 8110 M 0411 508 890 E johnparanchi@mcgrath.com.au
The Local Market Demand in our area remains very strong and well-marketed homes are achieving exceptional results. Two examples at opposite ends of the price scale demonstrate what we can do for you in today’s market. 1. We set a new suburb record* for Gladesville with the sale of 65 Wharf Rd prior to auction. Our strategic marketing attracted 60 groups of buyers – a very high number at this price level 2. We sold a two bedroom semi at 36 Tennyson Road, Gladesville for $1.3715M. Our vendors were skeptical about our initial $1.2M prediction but once our specialists had finished painting and styling the home, it created high emotional appeal that
led to strong buyer competition Our office met 492 new buyers across our opens in April alone; and a further cut in interest rates in May has created even more confidence. A lot of home owners are now waiting until after the election – or even worse, until Spring to sell. My advice is take advantage of today’s confidence and list your home while competing stock is low. Then you get to buy in Spring when there is always more homes to choose from. For a free no-obligation market appraisal of your home, please call me on 0411 508 890 today.
*source: APM
A Word From John McGrath The Sydney market has certainly slowed down a bit this year in terms of price growth, but the city’s Saturday auction clearance rates have been consistently high – above 70% for most of the year. The highest clearance rates so far were recorded over back-to-back weekends in May at 80.3% from 505 properties and 77.6% from 573 properties, according to Domain Group. Clearance rates are an important indicator of what’s going on in the market. Unlike many other statistics that have a lag time before publication, clearance rates tell us what’s happening week to week, so they’re a great yardstick for
supply and demand. One of the factors keeping Sydney’s clearance rates strong right now is a lack of supply. This time last year around 750 homes were going to auction every weekend, so that’s about a 30% drop.
In the meantime, buyer demand remains strong. There’s plenty of people out there who have been searching for their next home or investment for many months, or even for a year or more.
We Love Community – Villa Maria
Did You Know? In Scotland, home owners paint their front door red when they pay off their mortgage.
Fundraising over the past couple of years has been set towards the construction of a new building which will allow us to take our Creative Arts program to the next level. The proposed new upstairs Creative Arts building at Villa Maria will include a music
room with state of the art multimedia facilities. There will be a number of ‘breakout rooms’ for learning support, movie making and meetings. The DA has been approved by Hunters Hill Council and the works will be going out to
tender in the next few weeks. Work on the building should begin in September with a completion date at the end of term 1 next year 2017. Should you wish to make a contribution, please contact Villa Maria directly.
Our Recent Sales
65 Wharf Road, Gladesville Confidential
26 Raven Street, Gladesville $3.47M
20 Boulton Street, Putney $1.785M
10 Lyndhurst Street, Gladesville 36 Tennyson Road, Gladesville $1.45M $1.3715M
We Love Urban Fresh Come down and meet Michael and the team at Urban Fresh. Offering a variety of ready prepared meals for those busy nights when you just need to grab a meal and go home. They also sell fresh bread, fresh produce, packed meats, gluten free products, organic products, gourmet cooking products, dairy items, super foods and gourmet deserts. Urban Fresh open early and close late for your convenience (8.00am – 6.30pm) and also provide a delivery service. facebook.com/urbanfreshputney
2A College Street, Gladesville $2M
Recent Sales – Gladesville, Tennyson Point & Putney (1 Apr 2016 – 31 May 2016) Address
Date
Price
10 Lyndhurst Street, Gladesville
May 28
$1.45M
5 Pelican Street, Gladesville
May 28
$1.825M
26 Raven Street, Gladesville
May 28
$3.47M
36 Tennyson Road, Gladesville
May 28
$1.3715M
19 The Strand, Gladesville
May 28
$2.06M
20 Boulton Street, Putney
May 28
$1.785M
3 Pile Street, Gladesville
May 27
Confidential
9 Regent Street, Putney
May 21
Confidential
28 Osborne Avenue, Putney
May 14
Confidential
28A Pellisier Road, Putney
May 13
$1.56M
3 Nelson Street, Gladesville
Apr 30
$1.37M
74 Pittwater Road, Gladesville
Apr 30
$1.375M
65 Wharf Road, Gladesville
Apr 30
Confidential
119B Charles Street, Putney
Apr 30
$1.385M
28 Douglas Street, Putney
Apr 30
$1.83M
44 Phillip Road, Putney
Apr 27
Confidential
41A Bayview Street, Tennyson Point
Apr 23
$2.1M
72 Phillip Road, Putney
Apr 16
$1.62M
58A Morrison Road, Gladesville
Apr 12
$1.2375M
17 Cowell Street, Gladesville
Apr 09
$2.265M
25 Junction Street, Gladesville
Apr 09
$2.2M
158 Morrison Road, Putney
Apr 09
$1.41M
1 Higginbotham Road, Gladesville
Apr 07
$1.57M
62 Higginbotham Road, Gladesville
Apr 05
$1.03M
38 Sunnyside Street, Gladesville
Apr 04
$2.47M
21 Morrison Road, Gladesville
Apr 02
$2.435M
30 Punt Road, Gladesville
Apr 02
Confidential
31 Small Street, Putney
Apr 02
Confidential
1 Stanley Street, Putney
Apr 01
$1.79M
Note: Sales highlighted sold by John Paranchi and the team at McGrath showing a 28% Market Share. No Strata title included. Information provided by Australian Property Monitors based on exchanged sales, its accuracy cannot be guaranteed. Parties should rely on their own enquiries. McGrath will not be liable for any error or admissions here in.
Case Studies 26 Raven Street, Gladesville
5 Bed, 4 Bath, 2 Car Sold: $3.47M Sale Date: 28th May 2016 Sale Method: Auction Days on Market: 31 Buyer Origin: Gladesville Registered Bidders: 8 Contracts Issued: 27 Land Size: 626sqm
20 Boulton Street, Putney
3 Bed, 1 Bath, 1 Car Sold: $1.785M Sale Date: 28th May 2016 Sale Method: Auction Days on Market: 25 Buyer Origin: Newington Registered Bidders: 7 Contracts Issued: 21 Total Size: 670sqm
Raving Fans “We’re thrilled with the result and couldn’t have wished for a better experience. It has been a real pleasure dealing with John and the team - your hard work and professionalism throughout the process have been much appreciated.” Andrew and Susan 36 Tennyson Road, Gladesville