Beacon Hill quarterly marketplace report 1st Qtr 2018

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QUARTERLY MARKETPLACE REPORT

BEACON HILL 1ST JANUARY 2018 - 31ST MARCH 2018


HOW'S THE MARKET? A cooling market in Sydney There are a few statistics coming out now which are definite indicators of a cooling market in Sydney. First of all, dwelling values have changed by -2.4% in the three months ending in February. Second, there were 9.4% fewer sales in February of this year compared to February of 2017, and this is from a much larger sample size too – there is 27.4% more property for sale at the moment in Sydney compared to March 2017. Thirdly, this glut of property on the market and lack of transactions has caused the average selling time in Sydney to balloon out to 68 days. This is a stark contrast to the sub-30 day selling time we have witnessed over the preceding 4 years.

But the good news is that as long as property is priced right it is still selling. On the Northern Beaches over the last 3 weekends 75%, 81% and 78% of the properties originally listed for auction eventually sold. These are strong numbers and the market seems to have found a new level - still making it a good time to sell. Of course, the right preparation, presentation, method of sale and negotiation style all play a part in it. To discuss further, please do not hesitate to contact me.

Tony


1ST QUARTER 2018Â STATISTICS 15

PROPERTIES SOLD

10

PROPERTIES FOR SALE

$

HIGHEST SALE PRICE

$1.9M

$

MEDIAN SALE PRICE

$1.57M

'BEACON HILL' SEARCHES ON REALESTATE.COM.AU FOR JANUARY

8,128


1ST QUARTER 2018Â STATISTICS No. of properties sold compared to this time last year & last quarter 20

15

5

10

5

0 Jan-Mar 2017

Oct-Dec 2017

Jan-Mar 2018

What's the most common price bracket in Beacon Hill? $1.75M-$2M 20%

$1M-1.5M 27%

$1.5M-$1.75M 53%


PROPERTIES SOLD: 1ST QUARTER 2018 69A RYAN PLACE

4BED | 2BATH | 2CAR | 701M2

$1,400,000 4A GUARDIAN PARADE

4BED | 2BATH | 2CAR | 664M2

$1,420,000 11 COUSINS ROAD

4BED | 3BATH | 2CAR | 512M2

5BED | 3BATH | 1CAR | 556M2

242 WARRINGAH ROAD

61A LADY PENRHYN DRIVE

$1,443,500

5

4 DRESDEN AVENUE

3BED | 2BATH | 4CAR | 883M2

$1,511,000 30 DAREEN STREET

$1,500,000

4BED | 3BATH | 2CAR | 447M2

$- NOT DISCLOSED 13 CAREDEN AVENUE

4BED | 2BATH | 2CAR | 790M2

3BED | 1BATH | 1CAR | 556M2

1/4 FRIENDSHIP PLACE

7 SIRIUS PARADE

$1,557,000

$1,566,000

4BED | 2BATH | 2CAR | 600M2

4BED | 2BATH | 2CAR | 503M2

30 KOKODA CRESCENT

13 BOYER ROAD

$1,580,000

4BED | 2BATH | 2CAR | 575M2

$1,635,000 10 CRAWFORD PLACE

4BED | 2BATH | 2CAR | 582M2

$1,755,310

$- NOT DISCLOSED

4BED | 2BATH | 2CAR | 556M2

$- NOT DISCLOSED 11 PATRICK STREET

4BED | 3BATH | 2CAR | 779M2

$1,760,000

97 IRIS STREET

4BED | 3BATH | 2CAR | 1125M2

$1,900,000

Information about this report: This report only shows 3 months of sold properties and data. This report is based on third party data, which is provided by Corelogic RP Data & REA Group. Whilst care has been taken in the preparation of this report, neither the author nor the real estate agent takes any responsibility for any incorrect, misleading or inaccurate data. Please disregard this publication if your property is exclusively listed with another agent. Houses displayed are only houses which have sold in the quarter and were publicly listed.


THE KEY: 21 STEPS TO SELLING YOUR PROPERTY FOR MORE I believe this book has something new for you. I’m expecting that the reader will take the statements Peter Hutton makes as an opportunity for further investigation. Test what he says. I encourage you to ask me or any agent for that matter before deciding who to sell with the questions Peter suggests throughout this book. With over 32 years of real estate expertise, I am humbled to have been chosen to endorse this book - “THE KEY – 21 Secrets To Selling Your Home For More”. I believe in empowering property sellers and that’s exactly what this little book does. Unlike many eBooks out there which are just copied and pasted material, “THE KEY – 21 Secrets To Selling Your Home For More” is an authentic and easy to read book, written by Peter Hutton who is a highly acclaimed author on property marketing. This little book is intended for the ‘residential-owner-occupier-propertyowner’, whose most pressing need is choosing the right agent/agency to list their property to sell with; who wish to sell for market value, plus, plus, plus; and for those who would value a REAL expert's viewpoint of the ‘real-estate-industry-property-sellingtraps’ to avoid. Whether you’ve sold countless properties or you’re selling for the first time,

It’s my expectation that every property owner who reads this will certainly be in a better position to make an informed decision before they place their property on the market. In it, Peter makes no apologies for the criticism leveled at various ‘old school’ real estate agents’ practices, which, surprisingly I see some agents still persist in doing (maybe out of habit). The property-selling-success-strategies Peter Hutton recommends have been refined over the years and thoroughly tested (by many agents including myself). Fact is, they work. It is my hope that this little book will save the reader, you, thousands of dollars (and even make you money) wherever and whoever you are selling with provided Peter’s advice is followed. Enquire with me today to get your free copy, no strings attached. To your property selling success. Tony Quattroville


WHY TONY QUATTROVILLE? Tony Quattroville is an accomplished businessman and real estate agent who offers clients a unique understanding and passion for the Northern Beaches real estate market. A first rate negotiator with a reputation forachieving results above expectation, Tony Quattroville has more than 30 years of local real estate experience and intimate market knowledge to his name. After successfully completing his studies at St Pauls College, Manly he commenced his career in real estate in 1985, selling his first listing when he was just 18 years young. Since that time he has sold more than 1000 properties on the Northern Beaches, some up to 4 times round. Tony is highly respected for his exceptional results, honesty and professional service. Tony is now ranked in the top 3% of best performing agents in the country.

A consummate professional known for his up-front and direct approach, Tony has a natural way of making people feel comfortable and educated in their decisions. He prides himself on his commitment to customising and assertively executing the best possible transaction on his clients’ behalf. Tony’s deep-seated sense of reliability has resulted in an extensive client base. His inbuilt understanding of differing needs and ability to match people with property has resulted in ongoing repeat & referral business. He uses his creative talents to find solutions that make sure his deals succeed. TESTIMONIALS Please feel free to call Patrick and Susan (recent vendors) who’ll be happy to have a chat with you about the brilliant result Tony was able to achieve for the sale of their homes. Call Patrick Feltham on 0459 516 735 and Suzie Patterson on 0450 165 775.


ABOUT US ONEAGENCY is a network of the industry's top real estate professionals- individuals who have excelled in their field & have earned the respected reputation required to successfully operate their very own real estate practice. The ONEAGENCY ethos is all about ONE on ONE personal service. After more than 32 years of successfully selling real estate on the Northern Beaches & with over 1000 sales personally to his name, highly regarded real estate identity Tony Quattroville, has proven over the years that when it comes to selling or leasing a property most owners will choose an experienced individual over a large organisation, and personal service counts for way more than the size of your shopfront.

CHANGE IS INEVITABLE OUR JOURNEY HAS ONLY JUST BEGUN...

SIMON SMITH HEAD OF MARKETING

FINN SIMPSON BUSINESS DEVELOPMENT MANAGER


OFFICE MOBILE EMAIL WEB

02 9905 3883 0418 479 738 tonyq@oneagency.com.au tonyquattroville.com.au


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