NAREMBURN EDITION Naremburn FY21/22 Peter Chauncy
A word from Team Chauncy Without question, the 2021/2022 financial year was the hottest and most successful real estate market that Sydney has ever seen. We witnessed amazing price growth through the second wave of Covid mid way through last year, continuing to May 2022 Now, with interest rates on the rise, we are certainly seeing adjustments, but overall Naremburn continues to outperform the general market. In the year leading to July 2022, the team sold a total value of $301 million worth of property, which included eight out of the top 10 house sales in Naremburn We set 12 new street records across the suburb, and sold the highest priced house (2 Quarry Street $5,000,000), semi (11 Slade Street $3,050,000), townhouse (24 Lawson Lane $2,780,000) and 2 bedroom apartment (30/252 Willoughby Road $1,791,000) for the financial year. With results like these, it’s no wonder we ’ re the number one agency for sales in the 2065 postcode and with an auction clearance rate of 90%, an average of 20 days on the market, and an average house sale price of $3,310,095.24. These outstanding results saw Peter ranked number 12 agent in Australia by Real Estate Business. In between negotiating record sales, we ’ ve continued our long association with Willoughby Community Preschool. One of the highlights this year was raising over $6,500 for the school. We’ve loved being an integral part of its progress over the last 10 years and look forward to continuing our support The spring season is fast approaching and it’s shaping up to be a very busy period. Declining stock levels are likely to put a floor under falling property prices during the current correction phase and there are still plenty of buyers out there looking for quality homes You might be thinking of upgrading, downsizing or moving on this year and putting your home on the market. Now is a great time to start preparing your property to get it in presentable condition for the spring auction season we can support you throughout the entire process Feel free to contact us anytime or stop by for a chat to find out how we can maximise the result through our expertise and local knowledge. With over 45 years industry experience, Peter and his team are in the best position to get you a premium result
2 Quarry Street, Naremburn 4 Beds 3 Baths 4 Cars Sale Method Sold prior to auction Price Guide $4,000,000 Sale Price $5,000,000 Days on market 13 No. of inspections 54 No. of interested parties 6 Case studies 3 Beds 2 Baths Sale Method Sold prior to auction Price Guide $2,500,000 Sale Price $3,050,000 Days on market 6 No. of inspections 55 No. of interested parties 4 3 Beds 2 Baths 2 Cars Sale Method Sold prior to auction Price Guide $2,400,000 Sale Price $2,780,000 Days on market 20 No. of inspections 69 No. of interested parties 3 2 Beds 2 Baths 2 Cars Sale Method Sold at auction Price Guide $1,300,000 Sale Price $1,791,000 Days on market 17 No. of inspections 157 No. of registered bidders 9 11 Slade Street, Naremburn 24 Lawson Lane, Naremburn 30/252 Willoughby, Naremburn
Peter Chauncy 0402 036 489 8115 0401 peterchauncy@mcgrath.com.au