QMR - Ingleburn April 2015 (SF)

Ingleburn Quarterly Market Report - April 2015

What’s happening in your local property market?

Market Report - Ingleburn From SANTI FERNANDEZ, your local property expert in Ingleburn

It’s a BOOM out there!

Hi, its Santi here from Prudential Real Estate. Welcome to our latest quarterly report for Ingleburn 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 so it is an exc iting tim e for Inglebur n homeowners to cash-in while the local market is hot.

$405,000. Our team also set a new block record at 11/72 Parliament Road, Macquarie Fields, with this attractive 4 bedroom, 1 bathroom, single garage home selling for $505,000.

However, the stand-out sale for this quarter has to be 188 Cumberland Road, Ingleburn. This immaculate 3 bedroom home received over 110 inspections, 37 written offers and

land release sale which claimed a sales record, selling out in half an hour!

Our advice to buyers at the moment is simple, if you are attending open homes, come with a plan, know the limits of your financial position and be prepared to make a decision as wellpositioned properties are generally selling fast.

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 Santi and I look forward to speaking with you soon.

Contact me today for property advice and help in INGLEBURN and surrounding suburbs SANTI FERNANDEZ 188 Cumberland Road, Ingleburn SOLD by Prudential Real Estate We have seen an increase in buyers several contracts issued across the attending our open homes with over marketing campaign resulting in an 70% being investors. This is not a impressive sale price of $660,000. surprise, as Realestate.com.au stated in a recent blog that the Campbelltown The local market has been crowded area ranked 7th on the top ten most with demand with most houses selling searched suburbs for New South by the first weekend on the market, this quarter. This fact should not discourage Wales. buyers as this trend is slowly curbing Achieving higher than anticipated sales and there are still great value properties prices in the last quarter, it is an popping onto the market, across the encouraging time for homeowners to Macarthur region. Recently-listed gems include ;.. 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.

• 18/201 Oxford Road, Ingleburn for offers above $390,000 and, • 3 Adrian Street, Macquarie Fields for offers above $600,000 and, • 51 Brenda Street, Ingleburn for offers above $550,000.

Our office has been involved in some record-setting sales in recent times, including the beautifully-presented, 2 bedroom townhouse at 2/14 Chester Road, Ingleburn which sold for

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

M: 0413 718 014

INGLEBURN - Sales Statistics (Houses) Year

# Sales

Median

Growth

Low

High

1997

289

$ 143,000

0.0 %

$ 35,000

$ 3,112,100

1998

255

$ 152,000

6.3 %

$ 3,950

$ 1,720,000

1999

294

$ 163,250

7.4 %

$ 67,500

$ 1,481,000

2000

305

$ 181,500

11.2 %

$ 5,516

$ 551,600

2001

317

$ 222,000

22.3 %

$ 83,334

$ 1,630,000

2002

292

$ 270,025

21.6 %

$ 5,000

$ 1,200,000

2003

282

$ 325,000

20.4 %

$ 1,540

$ 3,000,000

2004

172

$ 346,000

6.5 %

$ 4,400

$ 3,752,500

2005

178

$ 330,000

-4.6 %

$ 35,000

$ 1,020,000

2006

167

$ 305,000

-7.6 %

$ 10,000

$ 1,370,000

2007

186

$ 315,000

3.3 %

$ 30,000

$ 1,045,000

2008

179

$ 307,000

-2.5 %

$ 75,000

$ 570,000

2009

205

$ 330,000

7.5 %

$ 12,500

$ 930,000

2010

192

$ 349,975

6.1 %

$ 70,000

$ 790,000

2011

198

$ 352,000

0.6 %

$ 17,500

$ 3,165,000

2012

177

$ 367,000

4.3 %

$ 8,000

$ 1,650,000

2013

208

$ 408,000

11.2 %

$ 50,000

$ 1,540,000

2014

240

$ 490,500

20.2 %

$ 180,000

$ 2,450,000

2015

40

$ 538,000

9.7 %

$ 345,000

$ 750,000

Median Sale Price

$507k Based on 235 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

+20.1% Current Median Price: $507,000 Previous Median Price: $422,000 Based on 446 recorded House sales compared over the last two rolling 12 month periods

Prepared on 25/05/2015 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.

INGLEBURN - Peak Selling Periods

INGLEBURN - Price Range Segments

Prepared on 25/05/2015 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.

INGLEBURN - Median Weekly Rents (Houses) Suburb Sale Price Growth

+20.1% Current Median Price: $507,000 Previous Median Price: $422,000 Based on 446 registered House sales compared over the last two rolling 12 month periods.

Bedroom Breakdown

Suburb Rental Yield

+4.1% Current Median Price: $507,000 Current Median Rent: $400 Based on 242 registered House sales compared over ther last 12 months.

INGLEBURN - Median Weekly Rents (Units) Suburb Sale Price Growth

+11.4% Current Median Price: $342,500 Previous Median Price: $307,500 Based on 220 registered Unit sales compared over the last two rolling 12 month periods.

Bedroom Breakdown

Suburb Rental Yield

+5.3% Current Median Price: $342,500 Current Median Rent: $350 Based on 126 registered Unit sales compared over ther last 12 months.

Prepared on 25/05/2015 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.

INGLEBURN - Recently Sold Properties

Median Sale Price

Suburb Growth

# Sold Properties

$507k

+20.1%

235

Based on 235 recorded House sales within the last 12 months (Apr '14 - Mar '15)

Current Median Price: $507,000 Previous Median Price: $422,000

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 446 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

7 BUGATTI DR

17 GORDON AVE

188 CUMBERLAND RD

$675,000

May

May

2015 15 Days

$492,500

May

2015 561 m²

4

2

2

17A GORDON AVE

28 Days

$660,000

2015 626 m²

3

1

2

8 BAINBRIDGE AVE

34 Days

$547,000

May

May

May

2015

2015

24 Days

26 Days

6 Days

3

2

18 KINGS RD

678 m²

4

1

1

12 PARK ST

May

May

May

2015

2015

4 Days

4 Days

2

3

1

1

$860,000

31 Days

2

352 m²

$752,000

2015 4

2

69 CARLISLE ST

$751,000

702 m²

2

$550,000

2015 4

3

4 PACKARD CL

$720,000

534 m²

651 m²

825 m²

5

2

2

734 m²

3

1

2

Prepared on 25/05/2015 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.

14 LIVERPOOL ST

5 EUROKA ST

10 LEYLAND PL

$482,000

$512,000

$495,000

May

Apr

Apr

2015

2015

2015

23 Days

30 Days

58 Days

563 m²

3

1

1

51 FREEMAN CCT

506 m²

4

1

-

7 LYREBIRD PL $526,000

Apr

Apr

Apr

2015

2015

3

1

1

24 NARDOO ST

64 Days

571 m²

3

Apr

1

Apr

3

2

2

3 ANNETTE AVE

28 Days

36 Days

5

3

3

68 Days

1,631 m²

3

1

1

87 CUMBERLAND RD $510,000

$715,000

Apr

Apr

Apr

2015

2015

15 Days

N/A

68 Days

1

2

$2,250,000

2015 1

2

Apr

$460,000

3

5

2015 2,090 m²

10 SINGER PL

594 m²

594 m²

$980,000

2015 550 m²

1

8 CUMBERLAND RD

$710,000

27 Days

1

8 OPEL PL

2015

2

$741,000

2015 430 m²

3

5 BOOBOOK PL

$550,000

27 Days

565 m²

611 m²

4

2

1

810 m²

3

1

2

Prepared on 25/05/2015 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.

INGLEBURN - Properties For Rent

Median Rental Price

Rental Yield

Number of Rentals

$400 /w

+4.1%

242

Based on 242 recorded House rentals within the last 12 months (Apr '14 - Mar '15)

Current Median Price: $507,000 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 235 recorded House sales and 242 House rentals compared over the last 12 months

Based on a rolling 12 month period and may differ from calendar year statistics

54 BAINBRIDGE AVE

1/7 REDFERN ST

24 LIVINGSTONE AVE

$530

$450

$480 per

May

May

May

2015

2015

2015

4 Days

6 Days

6 Days

575 m²

3

2

2

6/1-3 JAMES ST

922 m²

3

1

1

14 FREEMAN CCT $490 Weekly

May

May

May

2015

2015

6 Days

6 Days

6 Days

1

1

51A BELFORD ST

409 m²

4

2

2

20 LAGONDA DR

May

May

2015

2015

2

3

1

10 Days

1

1

$550 Weekly

May

4

546 m²

$460

2015 225 m²

3

12 DELAGE PL

$480

7 Days

1

$340

2015 2

3

2/29 BUGATTI DR

$350

1,592 m²

642 m²

600 m²

4

2

1

12 Days

558 m²

4

2

1

Prepared on 25/05/2015 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.

66 CHESTER RD

133 CUMBERLAND RD

8 CITROEN PL

$420

$350

$380

May

May

May

2015

2015

2015

12 Days

600 m²

4

1

1

4 BOOBOOK PL

13 Days

639 m²

3

1

5 SWAN PL

May

Apr

1

2

4 BOOBOOK PL

3

1

1

32 Days

Apr

Apr

2015

2015

34 Days

38 Days

2

23 TREELANDS AVE

1,447 m²

2

1

1

20 LAGONDA DR

4,343 m²

3

$480

1

1

$530

Apr

Apr

Apr

2015

2015

2015

41 Days

45 Days

54 Days

1

1

81 CUMBERLAND RD

DEPOSIT

2

1

$350

Apr

4

3

$380 per

33 Days

556 m²

561 m²

1/28 SPINEBILL PL

2015 1

1

Apr

622 m²

$400

3

1

2015

28 Days

3/172 CUMBERLAND RD

770 m²

3

$380.00

2015 3

568 m²

$415

2015 770 m²

21 Days

29 GERTRUDE RD

$400

24 Days

1

600 m²

4

2

1

822 m²

4

2

1

Prepared on 25/05/2015 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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CAMPBELLTOWN Serving the local community since 1988 47 Queen Street, Campbelltown Phone 4628 0033 INGLEBURN Serving the local community since 2000 31-33 Oxford Road, Ingleburn Phone 9605 5000 LIVERPOOL Serving the local community since 1994 3/52-58 Memorial Avenue, Liverpool Phone 9822 5999 MACQUARIE FIELDS Serving the local community since 1994 Cnr Saywell & Fields Roads, Macquarie Fields Phone 9605 5333 NARELLAN Serving the local community since 2015 5 Somerset Avenue, Narellan Phone 4624 4400

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PLEASE NOTE : 1.

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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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