Bradbury Quarterly Market Report - April 2015
What’s happening in your local property market?
Market Report - Bradbury From RICHARD ESHO, your local property expert in Bradbury
It’s a BOOM out there! Hi, its Richard here from Prudential Real Estate and welcome to our latest quarterly report for Bradbury in 2015. Over the last three months we’ve seen a spectacular property boom! With another cut to interest rates, consumer confidence is at an all time high, it is an exciting time for Bradbury homeowners to cash-in while the local market is hot.
Our office has been involved in some record-setting sales in recent times, including 30 Bimbadeen Avenue, Bradbury, boasting fantastic investment potential, this super 3 bedroom home sold for $465,000. Another notable sale is the charming 4 bedroom house at 140 Campbellfield Avenue, Bradbury which sold for $480,000.
First home buyers should be thrilled by the news that land releases are ongoing in such suburban areas as Appin, Oran Park and Spring Farm, but lots are selling up fast. Just recently, we were astounded by the Macarthur Heights land release sale which claimed a sales record, selling out in half an hour! As we reflect on what has occurred in the first quarter of 2015, we can’t wait to see what the second quarter will bring. So if you are looking to make the move, call us now. Thanks for your time, I’m Richard and I look forward to speaking with you soon.
Contact me today for property advice and help in BRADBURY and surrounding suburbs RICHARD ESHO
M: 0402 640 330
30 Bimbadeen Avenue, Bradbury SOLD by Prudential Real Estate We have seen an increase in buyers attending our open homes with over 70% being investors. This is not a surprise, as Realestate.com.au stated in a recent blog that Campbelltown ranked 7th on the top ten most searched suburbs for New South Wales. Achieving higher than anticipated sales prices in the last quarter, it is an encouraging time for homeowners to consider selling. If you’re not thinking of selling right now I would be locking in my mortgage rate with your bank. Interest rates are unlikely to go lower so now's the time to nail down your repayments for the next 12 months. Need help with this? Call me at any time.
While we experienced massive turnouts to all Bradbury properties, which are usually selling by the first open home, 7 Acacia Avenue, Ruse was truly a standout. Fetching $30,000 above the owner’s expectations, this stunning 4 bedroom, 2 bathroom, double-garage property sold for $540,000! The local market has been crowded with demand with most houses selling by the first weekend on the market, this quarter. Recently-listed gems include; • 55 Macleay Street Bradbury for offers above... $420,000, and • 15 Elgata Crescent Bradbury for offers above... $550,000, and • 11 Gunn Place St Helens Park for offers above...$480,000.
BRADBURY - Sales Statistics (Houses) Year
# Sales
Median
Growth
Low
High
1997
169
$ 118,000
0.0 %
$ 1,190
$ 700,000
1998
177
$ 130,000
10.2 %
$ 22,900
$ 575,000
1999
221
$ 132,000
1.5 %
$ 1,550
$ 911,460
2000
201
$ 150,000
13.6 %
$ 15,500
$ 1,000,000
2001
269
$ 175,000
16.7 %
$ 50,000
$ 296,000
2002
239
$ 235,000
34.3 %
$ 50,375
$ 415,000
2003
225
$ 280,000
19.1 %
$ 72,000
$ 930,000
2004
146
$ 312,000
11.4 %
$ 137,500
$ 475,000
2005
136
$ 289,000
-7.4 %
$ 35,000
$ 435,000
2006
155
$ 276,000
-4.5 %
$ 2,500
$ 430,000
2007
155
$ 273,000
-1.1 %
$ 17,000
$ 440,000
2008
158
$ 274,500
0.5 %
$ 30,000
$ 1,300,000
2009
174
$ 295,000
7.5 %
$ 25,000
$ 752,265
2010
116
$ 310,000
5.1 %
$ 120,000
$ 550,000
2011
155
$ 315,000
1.6 %
$ 41,000
$ 2,025,000
2012
155
$ 330,000
4.8 %
$ 15,000
$ 472,500
2013
179
$ 350,000
6.1 %
$ 7,000
$ 499,950
2014
210
$ 418,000
19.4 %
$ 8,000
$ 800,000
2015
30
$ 453,250
8.4 %
$ 312,000
$ 605,000
Median Sale Price
$425k Based on 196 recorded House sales within the last 12 months (Apr '14 - Mar '15) Based on a rolling 12 month period and may differ from calendar year statistics
Suburb Growth
+15.3% Current Median Price: $425,000 Previous Median Price: $368,500 Based on 382 recorded House sales compared over the last two rolling 12 month periods
Prepared on 23/05/2015 by Prudential Real Estate Campbelltown. Š Property Data Solutions Pty Ltd 2015 (pricefinder.com.au) The materials provided are distributed as an information source only. Š The State of New South Wales (Land and Property Information - LPI) May/2015. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 04/05/15 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.
BRADBURY - Peak Selling Periods
BRADBURY - Price Range Segments
Prepared on 23/05/2015 by Prudential Real Estate Campbelltown. Š Property Data Solutions Pty Ltd 2015 (pricefinder.com.au) The materials provided are distributed as an information source only. Š The State of New South Wales (Land and Property Information - LPI) May/2015. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 04/05/15 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.
BRADBURY - Median Weekly Rents (Houses) Suburb Sale Price Growth
+15.3% Current Median Price: $425,000 Previous Median Price: $368,500 Based on 382 registered House sales compared over the last two rolling 12 month periods.
Bedroom Breakdown
Suburb Rental Yield
+4.9% Current Median Price: $425,000 Current Median Rent: $400 Based on 182 registered House sales compared over ther last 12 months.
BRADBURY - Median Weekly Rents (Units) Suburb Sale Price Growth
Current Median Price: $281,000 Previous Median Price: $281,000 Based on 53 registered Unit sales compared over the last two rolling 12 month periods.
Bedroom Breakdown
Suburb Rental Yield
+5.5% Current Median Price: $281,000 Current Median Rent: $298 Based on 28 registered Unit sales compared over ther last 12 months.
Prepared on 23/05/2015 by Prudential Real Estate Campbelltown. Š Property Data Solutions Pty Ltd 2015 (pricefinder.com.au) The materials provided are distributed as an information source only. Š The State of New South Wales (Land and Property Information - LPI) May/2015. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 04/05/15 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.
BRADBURY - Recently Sold Properties
Median Sale Price
Suburb Growth
# Sold Properties
$425k
+15.3%
196
Based on 196 recorded House sales within the last 12 months (Apr '14 - Mar '15)
Current Median Price: $425,000 Previous Median Price: $368,500
Based on recorded House sales within the 12 months (Apr '14 - Mar '15)
Based on a rolling 12 month period and may differ from calendar year statistics
Based on 382 recorded House sales compared over the last two rolling 12 month periods
Based on a rolling 12 month period and may differ from calendar year statistics
24 BLACKBUTT AVE
51 CAMPBELLFIELD AVE
18 AIRDSLEY LANE
$506,000
May
May
2015 20 Days
$640,000
May
2015 607 m²
3
1
1
12 BOCKING AVE
47 Days
$377,000
2015 607 m²
4
2
2
14 TANDARA AVE
12 Days
$470,000
May
May
May
2015
2015
27 Days
211 Days
32 Days
1
-
240 THE PKWY
563 m²
4
1
1
27 JACARANDA AVE
May
Apr
Apr
2015
2015
8 Days
8 Days
1
5
557 m²
2
2
$465,000
18 Days
1
607 m²
$465,000
2015 3
1
3 PARAKA PL
$537,000
613 m²
1
$613,550
2015 3
3
246 ST JOHNS RD
$552,000
613 m²
241 m²
3
1
1
113 m²
3
1
2
Prepared on 23/05/2015 by Prudential Real Estate Campbelltown. © Property Data Solutions Pty Ltd 2015 (pricefinder.com.au) The materials provided are distributed as an information source only. © The State of New South Wales (Land and Property Information - LPI) May/2015. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 04/05/15 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.
12 AKUNA AVE
41 BRADBURY AVE
101 CAMPBELLFIELD AVE
$481,000
$557,000
$435,000
Apr
Apr
Apr
2015
2015
2015
6 Days
26 Days
36 Days
3
1
1
37 AMINYA CRES
607 m²
3
1
1
7 GREENOAKS AVE $490,000
Apr
Apr
Apr
2015
2015
3
1
1
2 OMARU CRES
16 Days
603 m²
3
Mar
1
Mar
4
2
2
105 ST JOHNS RD
28 Days
20 Days
4
1
1
7 Days
569 m²
4
1
1
35 GREENOAKS AVE $530,000
$445,000
Mar
Mar
Mar
2015
2015
17 Days
17 Days
5 Days
2
1
$480,000
2015 2
1
Mar
1 GIPPS ST
4
4
2015 569 m²
$625,000
1,005 m²
575 m²
$433,000
2015 714 m²
1
64 LAWN AVE
$480,000
6 Days
1
12 FERN AVE
2015
1
$457,000
2015 558 m²
3
10 WARRINA RD
$455,000
21 Days
620 m²
556 m²
4
1
3
607 m²
3
1
1
Prepared on 23/05/2015 by Prudential Real Estate Campbelltown. © Property Data Solutions Pty Ltd 2015 (pricefinder.com.au) The materials provided are distributed as an information source only. © The State of New South Wales (Land and Property Information - LPI) May/2015. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 04/05/15 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.
BRADBURY - Properties For Rent
Median Rental Price
Rental Yield
Number of Rentals
$400 /w
+4.9%
182
Based on 182 recorded House rentals within the last 12 months (Apr '14 - Mar '15)
Current Median Price: $425,000 Current Median Rent: $400
Based on recorded House rentals within the last 12 months (Apr '14 - Mar '15)
Based on a rolling 12 month period and may differ from calendar year statistics
Based on 196 recorded House sales and 182 House rentals compared over the last 12 months
Based on a rolling 12 month period and may differ from calendar year statistics
39 HODDLE AVE
HODDLE AVE
13 LEWIS ST
$450
$450 Weekly
$400 Weekly
May
May
May
2015
2015
2015
1 Day
1 Day
2 Days
664 m²
4
1
1
59 AMINYA CRES
664 m²
4
1
1
8 BAMBARA AVE $410
May
May
May
2015
2015
2 Days
2 Days
2 Days
1
2
36 DONALDSON ST
775 m²
3
1
1
1/5 BRADBURY AVE
May
May
2015
2015
1
3
2
4 Days
549 m²
1
1
$410
May
4
607 m²
$270
2015 734 m²
2
26 BLACKBUTT AVE
380.00
3 Days
1
$430
2015 4
3
35 GREENOAKS AVE
$450
588 m²
790 m²
1
1
1
5 Days
607 m²
3
1
1
Prepared on 23/05/2015 by Prudential Real Estate Campbelltown. © Property Data Solutions Pty Ltd 2015 (pricefinder.com.au) The materials provided are distributed as an information source only. © The State of New South Wales (Land and Property Information - LPI) May/2015. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 04/05/15 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.
7 GREENOAKS AVE
19 JARRAH AVE
11 JARRAH AVE
$390
$440 / Wk
$450
May
May
May
2015
2015
2015
6 Days
603 m²
3
1
1
5 BLAND ST
9 Days
556 m²
3
4
1 GIPPS ST
May
May
1
-
87 ST JOHNS RD
16 Days
4
1
2
18 Days
May
Apr
2015
2015
22 Days
25 Days
2
53 ST JOHNS RD
620 m²
3
1
1
3 WILLOW CRT
403 m²
3
$390
1
1
$370
Apr
Apr
Apr
2015
2015
2015
26 Days
29 Days
35 Days
1
1
75 PINAROO CRES
$400
1
1
$400
May
3
3
$360
22 Days
689 m²
556 m²
1 BLAND ST
2015 1
2
May
$400 p.w.
3
2
2015 556 m²
28 BOCKING AVE
626 m²
3
$425 Per
2015 3
607 m²
$450
2015 677 m²
14 Days
10 LEWIS ST
$380
16 Days
2
563 m²
3
1
2
563 m²
3
1
1
Prepared on 23/05/2015 by Prudential Real Estate Campbelltown. © Property Data Solutions Pty Ltd 2015 (pricefinder.com.au) The materials provided are distributed as an information source only. © The State of New South Wales (Land and Property Information - LPI) May/2015. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 04/05/15 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.
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Recipients of this report are reminded that, although due care has been taken in the preparation of the within contained material, prospective property buyers, sellers and investors are always best served by making their own independent inquiries before entering into any real estate transaction. This report has been prepared for the sole and exclusive use of Prudential Real Estate clients and customers. The whole of the contents and design are protected by copyright. COPYRIGHT Š Michael O'Sullivan 2001-2015
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