Quarterly Market Report
2021
Sold by Stone.
1 Ronald Avenue DUNDAS › Sold at auction $1,470,000 › 234 enquiries › 123 buyer inspections › 8,085 online views
60 Tintern Avenue TELOPEA › Sold prior to auction $1,500,000 › Stand out buyer offer › 193 buyer inspections › $160,000 increase in price from November 2020
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9/11 Station Street DUNDAS › Sold $485,000 › 37 enquiries › 23 buyer inspections › Multiple offers made
9 Kywong Street TELOPEA › Sold $1,360,000 › Off market transaction › Multiple offers received › $0 marketing expense to owner
2021 summary. Quarter 1. As many would be aware, the property market is hot for sellers. With multiple media outlets reporting the strongest property market in over 30 years, we have seen some exceptional growth in a very short period of time. A great example of this was the sale of a house at 1 Ronald Avenue, Dundas. This home was sold at the start of March by Stone Real Estate for $1,470,000. What this represents is almost a 20% growth in prices compared with similar homes that sold in October 2020 which were around $1,150,000 - $1,200,000. Another result that Stone Real Estate had was the sale of a home at 60 Tintern Avenue, Telopea. This property was passed in at auction in November 2020 for $1,340,000. With the mark heating up, the property was set for auction again in January 2021, but was sold prior to the second auction for $1,500,000 in late January. With the big banks now starting to increase their interest rates on fixed loans, we could start to see some of the urgency from buyers fade away. We are also seeing eager buyers start to withdraw and put their plans on hold as they are continually missing out at auctions and are getting increasingly frustrated. Although with a limited number of properties for sale across many markets, we could continue to see prices rise as the demand still heavily outweighs supply. If you are curious to see what your home could be worth in this fast changing market we would love to meet and provide you some information about this.
About Justin Spencer. Having an extensive and award winning back ground in Property Management and Hospitality, Justin has a very good understanding of the importance of attention to detail and customer service and the role it can play in achieving the highest of results. Offering and intimate market knowledge, client focus and unwaveringly ethical approach to real estate, Justin has ensured his longevity in the industry now for over 13 years. With a genuine, down-to-earth approach, Justin is easily relatable offering a clear focus to selling your home, or helping you buy.
Justin Spencer | 0436 000 991 justinspencer@stonerealestate.com.au
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2021 sales. Address
27 Wylde Street, Telopea 49 Tintern Avenue, Telopea 2/5 Robert Street, Telopea 54 Adderton Road, Telopea 21 Wesley Street, Telopea 11/19-27 Adderton Road, Telopea 18 Narrun Crescent, Telopea 1A Felton Street, Telopea 29 Evans Road, Telopea 6/23 Manson Street, Telopea 3/29 Adderton Road, Telopea 13 Fullarton Street, Telopea 32 Robert Street, Telopea 6/10-14 Robert Street, Telopea 10/17-19 Robert Street, Telopea 9 Kywong Street, Telopea 6 Yurunga Street, Telopea 3/34 Robert Street, Telopea 60 Tintern Avenue, Telopea 6 Felton Street, Telopea 1B Narrun Crescent, Telopea 17/19-27 Adderton Road, Telopea 8/6-8 Robert Street, Telopea
Bed
Bath Car TELOPEA
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Land Size
352sqm 773sqm 111sqm 460sqm 651sqm 90sqm 132sqm 936sqm 120sqm 212sqm 668sqm 517sqm 183sqm 374sqm 645sqm 322sqm 111sqm 129sqm
Sale Date
Sale Price
26/03/21 23/03/21 23/03/21 21/03/21 13/03/21 12/03/21 08/03/21 06/03/21 01/03/21 01/03/21 27/02/21 26/02/21 25/02/21 09/02/21 12/02/21 05/02/21 30/01/21 20/01/21 25/01/21 21/01/21 13/01/21 09/01/21 11/01/21
$1,480,088 $1,470,000 $552,000 $1,650,000 $1,510,000 $635,000 $1,341,800 $1,640,000 $1,100,000 $590,000 $556,000 $1,400,000 $1,560,000 $680,800 $870,000 $1,340,000 $1,266,000 $800,000 $1,500,000 $1,280,000 $1,080,000 $642,600 $590,000
27/03/21 22/03/21 06/03/21 05/03/21 05/03/21 26/02/21 22/02/21 22/02/21 19/02/21 19/02/21 17/02/21 16/02/21 16/02/21 13/02/21 12/02/21 04/02/21 04/02/21 30/01/21 21/01/21 19/01/21 15/01/21 06/01/21
$1,350,000 $1,520,000 $1,470,000 $870,000 $810,000 $1,382,888 $420,000 $1,191,000 $1,620,000 $1,580,000 $920,000 $1,050,000 $990,000 $1,530,000 $1,075,000 $706,500 $1,320,000 $485,000 $1,350,000* $1,355,000 $710,000 $1,160,000
DUNDAS 12A Baronbali Street, Dundas 160 Park Road, Dundas 1 Ronald Avenue, Dundas 1/268 Kissing Point Road, Dundas 4/315 Kissing Point Road, Dundas 39 Baronbali Street, Dundas 31/32 Station Street, Dundas 25A Elder Road, Dundas 20 Kariwara Street, Dundas 20A Kariwara Street, Dundas 1/315 Kissing Point Road, Dundas 7 Anderson Avenue, Dundas 58 Bennetts Road East, Dundas 30 Anderson Avenue, Dundas 25 Elder Road, Dundas 17/110 Kissing Point Road, Dundas 156 Park Road, Dundas 9/11 Station Street, Dundas 365 Baronbali Street, Dundas 47 Kariwara Street, Dundas 2/4-5 St Andrews Street, Dundas 25A Bray Street, Dundas
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Justin Spencer | 0436 000 991 justinspencer@stonerealestate.com.au
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696sqm 638sqm 125sqm 103sqm 86sqm 329sqm 400sqm
334sqm 632sqm 352sqm 363sqm
386sqm 159sqm 320sqm