Rosemeadow Quarterly Market Report - April 2015
What’s happening in your local property market?
Market Report - Rosemeadow From ADAM BRYANT, your local property expert in Rosemeadow
It’s a BOOM out there! Hi, its Adam here from Prudential Real Estate. Welcome to our latest quarterly report for Rosemeadow 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 ex c iting tim e f or Ros em eado w homeowners to cash-in while the local market is hot.
Our office has been involved in some record-setting sales in recent times, including the beautifully presented 4 bedroom family home at 44 Archibald Crescent, Rosemeadow Gardens which sold for $570,000. A few other hot property sales in the area include the renovator’s dream at 15 Donalbain Circuit, Rosemeadow which sold for $475,000 and the
astounded by the Macarthur Heights 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 Adam and I look forward to speaking with you soon.
Contact me today for property advice and help in ROSEMEADOW and surrounding suburbs
ADAM BRYANT
M: 0433 966 703
15 Donalbain Circuit, Rosemeadow 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.
versatile property at 31 Othello Avenue, Rosemeadow; also attracting a sale price of $475,000. 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; • 104 Bellinger Road, Ruse for offers over $470,000 ; and, • 1b Granite Place, Eagle Vale for offers over $540,000 ; and, • 1 Deveron Place, St Andrews for offers over $430,000 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
ROSEMEADOW - Sales Statistics (Houses) Year
# Sales
Median
Growth
Low
High
1997
200
$ 112,000
0.0 %
$ 1,200
$ 1,351,500
1998
185
$ 120,000
7.1 %
$ 5,000
$ 1,681,660
1999
232
$ 120,000
0.0 %
$ 1,650
$ 265,000
2000
205
$ 150,000
25.0 %
$ 53,000
$ 395,000
2001
216
$ 185,000
23.3 %
$ 45,500
$ 375,000
2002
180
$ 240,000
29.7 %
$ 28,000
$ 620,000
2003
189
$ 287,500
19.8 %
$ 25,000
$ 545,000
2004
116
$ 310,500
8.0 %
$ 100,000
$ 483,900
2005
105
$ 290,000
-6.6 %
$ 105,000
$ 725,000
2006
88
$ 280,000
-3.4 %
$ 100,000
$ 760,000
2007
103
$ 280,000
0.0 %
$ 10,000
$ 425,000
2008
82
$ 272,500
-2.7 %
$ 77,000
$ 650,000
2009
135
$ 306,500
12.5 %
$ 50,000
$ 627,500
2010
86
$ 303,500
-1.0 %
$ 100,000
$ 495,000
2011
106
$ 313,250
3.2 %
$ 15,000
$ 457,500
2012
78
$ 330,000
5.3 %
$ 165,000
$ 691,000
2013
108
$ 350,000
6.1 %
$ 13,352
$ 820,000
2014
130
$ 400,000
14.3 %
$ 4,000
$ 860,000
2015
18
$ 451,000
12.8 %
$ 290,000
$ 890,000
Median Sale Price
$410k Based on 119 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
+13.9% Current Median Price: $410,000 Previous Median Price: $360,000 Based on 235 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.
ROSEMEADOW - Peak Selling Periods
ROSEMEADOW - 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.
ROSEMEADOW - Median Weekly Rents (Houses) Suburb Sale Price Growth
+13.9% Current Median Price: $410,000 Previous Median Price: $360,000 Based on 235 registered House sales compared over the last two rolling 12 month periods.
Bedroom Breakdown
Suburb Rental Yield
+4.9% Current Median Price: $410,000 Current Median Rent: $390 Based on 128 registered House sales compared over ther last 12 months.
ROSEMEADOW - Median Weekly Rents (Units) Suburb Sale Price Growth
+9.1% Current Median Price: $346,000 Previous Median Price: $317,000 Based on 43 registered Unit sales compared over the last two rolling 12 month periods.
Bedroom Breakdown
Suburb Rental Yield
+5.1% Current Median Price: $346,000 Current Median Rent: $340 Based on 14 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.
ROSEMEADOW - Recently Sold Properties
Median Sale Price
Suburb Growth
# Sold Properties
$410k
+13.9%
119
Based on 119 recorded House sales within the last 12 months (Apr '14 - Mar '15)
Current Median Price: $410,000 Previous Median Price: $360,000
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 235 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
4 OPHELIA ST
17 DEMETRIUS RD
7 FRANCISCO CRES
$465,000
May
Apr
2015 5 Days
$472,500
Apr
2015 816 m²
3
1
2
8 DEMETRIUS RD
35 Days
$475,600
2015 622 m²
3
1
1
11 DESDEMONA ST
27 Days
$529,000
Apr
Apr
Apr
2015
2015
46 Days
73 Days
22 Days
1
1
14 ANTHONY DR
561 m²
5
2
2
4A OLIVIA CL
Apr
Apr
Apr
2015
2015
30 Days
21 Days
2
5
1
2
$440,000
4 Days
1
600 m²
$460,000
2015 3
1
25 HORATIO ST
$500,000
602 m²
1
$540,000
2015 3
3
10 DONALBAIN CCT
$430,000
602 m²
572 m²
354 m²
3
1
1
616 m²
3
2
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.
31 OTHELLO AVE
39 GADSHILL PL
11 JESSICA PL
$475,000
$500,000
$485,000
Mar
Mar
Mar
2015
2015
2015
63 Days
18 Days
23 Days
561 m²
3
2
2
29B GLENDOWER ST
384 m²
3
1
2
39 HORATIO ST $445,000
Mar
Mar
Mar
2015
2015
3
1
1
35 DESDEMONA ST
7 Days
614 m²
3
Mar
1
Mar
3
1
1
33 GLENDOWER ST
169 Days
10 Days
3
1
4
11 Days
612 m²
3
$465,000
2
$570,000
Mar
Mar
Mar
2015
2015
7 Days
7 Days
612 m²
1
44 ARCHIBALD CRES
22 Days
2
1
$650,000
2015 2
1
Mar
15 DONALBAIN CCT
3
3
2015 562 m²
$520,000
655 m²
885 m²
$490,000
2015 640 m²
2
29 CANIDIUS ST
$450,000
6 Days
1
25 ROMEO CRES
2015
2
$500,000
2015 344 m²
5
1 SEBASTIAN AVE
$447,123
6 Days
615 m²
3
1
1
640 m²
4
2
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.
ROSEMEADOW - Properties For Rent
Median Rental Price
Rental Yield
Number of Rentals
$390 /w
+4.9%
128
Based on 128 recorded House rentals within the last 12 months (Apr '14 - Mar '15)
Current Median Price: $410,000 Current Median Rent: $390
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 119 recorded House sales and 128 House rentals compared over the last 12 months
Based on a rolling 12 month period and may differ from calendar year statistics
69 HAMLET CRES
4 OPHELIA ST
59 DEMETRIUS RD
$410 Weekly
$470 Per
$390
May
May
May
2015
2015
2015
1 Day
8 Days
8 Days
757 m²
3
1
2
1 HOTSPUR PL
816 m²
3
1
2
2 MARCELLUS PL $350
May
May
May
2015
2015
8 Days
17 Days
19 Days
2
5
10 SEBASTIAN AVE
1,405 m²
3
1
1
33 GADSHILL PL
Apr
Apr
2015
2015
1
3
1
37 Days
1
1
$420 per
Apr
3
840 m²
$380.00 per
2015 342 m²
1
3 POLONIUS ST
$380
35 Days
1
$380.00
2015 3
3
42 CLEOPATRA DR
$510 per
600 m²
612 m²
501 m²
3
1
1
39 Days
564 m²
4
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.
8 DEMETRIUS RD
24 LORENZO CRES
31 HORATIO ST
$360 Per
$400 per
$390
Apr
Apr
Apr
2015
2015
2015
41 Days
602 m²
3
1
1
1/8 VERNON CL
51 Days
600 m²
3
3
5 IRAS PL
Mar
Jan
1
1
5 MARIAN DR
123 Days
4
2
1
158 Days
Sep
Sep
2014
2014
249 Days
261 Days
1
27 GADSHILL PL
645 m²
3
1
1
9 SOLIANO ST
567 m²
3
$445 per
2
1
$450 p.w.
Jul
Jul
Jun
2014
2014
2014
297 Days
306 Days
331 Days
1
-
4 IRAS PL
$380 per
1
1
$460 p.w.
Nov
3
3
385.00 Per
199 Days
307 m²
569 m²
14 MARIAN DR
2014 2
2
Dec
$400
4
1
2014 759 m²
25 CAWDOR PL
829 m²
3
$350 / Wk
2015 3
616 m²
$440
2015 602 m²
51 Days
23 OTHELLO AVE
$375
58 Days
1
572 m²
4
1
2
760 m²
5
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.
FREE REPORT
Title of Booklet Here jyp
Send an email to freereports@prudential.com.au today for your copy of this valuable report Find out more about our property services at
prudential.com.au
What do people say about Prudential Real Estate?
Title of Booklet Here jyp
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
prudential.com.au
PLEASE NOTE : 1.
2.
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
4