2017/2018 EDITION
Naremburn Report 2017/2018 Peter Chauncy
A word from Team Chauncy Naremburn residents are seeing firsthand how resilient the local property market is despite a general softening in Sydney-wide house prices. The average sale price in Naremburn was $2,400,755, a slight increase of 0.4% from last year, which is a very sustainable figure compared to the gloomy media reports on the Sydney property market. Overall there were 49 sales across the suburb, down from last years 57, however we continue to serve a growing portion of the Naremburn market with our share of these sales increasing from 72% to 78%. Not only do Naremburn residents recognise the value that our team delivers, but the industry also. Peter was awarded the 2017 REINSW Salesperson of the Year; this recognition for excellence is hotly contested by sales agents throughout the state. He was also ranked number 10 in the Real Estate Business Top 100 agents Australiawide. Client services manager Lauren Courtney, also took out top honours when she was awarded the 2017 most outstanding client services manager across the entire McGrath network. We also welcomed Brigitte Crawford, who is working alongside Peter in a sales
position after a four year stint as a standalone agent within McGrath. But that’s not all, another welcome addition to Team Chauncy is Peter’s new baby son, Henry, who was born in March. The year wasn’t all about business though, it’s great to give something back to the community that we live and work in. We’ve had a lot of success supporting the Willoughby Community Preschool. Through our referral program, Easter BBQ raffle and the annual dinner dance fundraiser, we were able to help raise over $35,000 for the school. We´re really looking forward to getting even more involved in the community in the coming months with some new and exciting initiatives. If we can help with any of your real estate needs please contact us to plan a strategy that’s perfect for you and the market Team Chauncy knows best.
Naremburn statistics
$3.575m $1.535m $2.4m 49 31
Highest sale price
Lowest sale price
Average sale price
Number of properties sold
Average days on the market
73%
Auction clearance rate
Australian Property Monitors
Recently sold
11 Moonbria Street, Naremburn
Client Testimonials “From the first discussion we had with Peter when we decided to put the house on the market right through to the settlement, we were able to put our trust in him. By trusting Peter´s advice and execution we had the best experience we could have hoped for and we often recommend him to others. His knowledge of the market is exceptional and he has an amazing team who help make everything as stress free as possible. We cannot recommend him enough and would not hesitate to use him again in the future.” Sally Adam & Ashley Cole
“When we were thinking of selling, Peter Chauncy and his team were top of our list as we had witnessed them in action around Naremburn for years. The team were highly professional, super efficient and well resourced to help us prepare our property for sale. We also bought our new home in Naremburn through Peter Chauncy and experienced the very same level of service and efficiency. “ Jane Southward & Peter Arnold
“I have now used Peter for my last three house transactions. This in itself reflects how highly I rate him as an agent. He is supremely professional in all his dealings, knows his market inside out and is direct and upfront. He sets realistic expectations and then drives very hard to achieve an excellent result. He is my go-to agent and I would have no hesitation in recommending him to anyone looking to sell their home.We are extremely happy with the result which could only have been achieved by undertaking a well planned campaign which was delivered by his team at every onsite inspection. When you deal with Peter, you are supported by a well orchestrated team.” Belinda Kerr
Market share
2%
2%
2%
2%
2% 2%
4%
• McGrath • Belle • The Agency • Northside • Laing & Simmons • Ray White • LJ Hooker • Forsyth • Leaders
6% 78%
Source: Pricefinder
$1.066m
$1.071m 2008
$1.303m 2010
2009
$1.312m 2011
$1.335m 2012
2013
2014
2015
2016
$1.266m
$1.469m
$1.761m
$2.392m 2017
$2.006m
$2.40m 2018
Average sale price
Source: Pricefinder
A selection of recent sales
21 Martin Street, Naremburn
12 Rhodes Avenue, Naremburn
2 Olympia Road, Naremburn
60 Northcote Street, Naremburn
63 Mitchell Street, Naremburn
13 Martin Street, Naremburn
Client Testimonials “I purchased from and more recently sold my Naremburn property through Peter and his team. They were all excellent. He introduced me to all the right people to get my place looking its best and prepare it for market. Peter and Lauren were regularly in touch and really held me through the process. I felt I always knew what was going on. Peter stayed open and honest with me at all times. He calls a spade a spade which I really like. I think of him as ‘Mr Naremburn’ - nobody knows the area like him and he is always very professional and pleasant to deal with. I would definitely highly recommend him.” Jo Wagstaff
“This is the third time I have had the pleasure of dealing with Peter Chauncy. Again, I have found him to be proactive, responsive, efficient and effective. Once again, he has got me the best possible outcome. On the Lower North Shore there is simply no one else I would use!” Ralph Shreeve
“When we made the decision to sell our house Peter was the only agent we approached to work with us. Right from our initial discussions, prior to listing our house, Peter was very approachable, honest, committed and knowledgeable of the current housing market and also our local area. Peter constantly kept us up to date after each inspection and also contacted us regularly in between open homes. Thanks Peter for keeping us calm and reassured especially in a housing market that was on the change. Peter has a great team behind him. We’d also like to take the opportunity to say a big thank you to Lauren who was so friendly, approachable and knowledgeable. We would not hesitate to use Peter and his team again.” Joanne & Brent Pitts
Recently sold
4 Bongalong Street, Naremburn
Client Testimonials “We would like to thank Peter and his team at McGrath Crows Nest for finalising the sale of our property at 30 Lawson Lane. They were first class in arranging the presentation, marketing and pricing of our house. We were delighted with the outcome which was due to their excellent personal communication, efficiency, enthusiasm and attention to detail.” Dick & Caroline Boyd
“I have bought and sold off Peter, and it was a good experience on both sides of the equation. He does not inflate what he thinks a property is worth to get you to sign, and has a clear dominance in Naremburn - with a prospective client list to match. I am confident that he got the best price for my property, even though it was only on market for a week. I was always of the opinion that Peter would know who we were selling to before any open homes, and this proved to be the case.” Simon & Ana Wilson
“We have known Peter since we originally acquired our Naremburn property in 2012. He’s been a trusted advisor and sounding board over the years. When it came time to consider selling our property, Peter and his team were able take on board our unique circumstances and secure buyers who would consider a purchase and long term lease back whilst also delivering fair market value for the property. This mitigated our concerns of a future sale and avoided the need to market a property at the same time we were expecting a new member of the family!” Jeremy Chung & Candice Wong
“Peter and his team exceeded the high expectations we set for them, being the leading agent in the area. He kept us informed throughout the process and was able to easily adapt our strategy to match the market. We could not recommend him more highly.” Jane & Daniel Lloyd
A selection of recent sales
38 Glenmore Street, Naremburn
8 Rohan Street, Naremburn
34 Slade Street, Naremburn
20 Market Street, Naremburn
22 Market Street, Naremburn
10 Plunkett Street, Naremburn
5 Donnelly Road, Naremburn
12 Glenmore Street, Naremburn
281 Claire Street, Naremburn
287 Claire Street, Naremburn
35 Rhodes Avenue, Naremburn
27 Martin Street, Naremburn
23 Grafton Avenue, Naremburn
46 Garland Road, Naremburn
332 West Street, Naremburn
Why Peter Chauncy
$193m
Total value of properties sold in FY18
$2.426m 89
Number of properties sold in FY18
80% 21
Auction clearance rate
Our average days on the market
15 years 2
Our average sale price
Real estate industry experience
Highly experienced McGrath team members
Pricefinder
Peter Chauncy 0402Â 036Â 489 8115 0401 peterchauncy@mcgrath.com.au