QUARTERLY MARKETPLACE REPORT
BEACON HILL 1ST APRIL 2018 - 30TH JUNE 2018
HOW'S THE MARKET? A different story from 12 months ago House prices in Sydney are down almost 5-10% since this time last year – the peak of the recent boom. Auction clearance rates Sydney wide have been floating around the 50-55% mark for the last 2-3 months. Although not immune from the recent correction, the Northern Beaches is tracking much better than the Sydney-wide average. Whilst most buyers have sensed the outlook shifting to a buyers’ market, many believe it is still a good time to buy. Good properties in the right location are still in high demand on the Northern Beaches. If your home is priced correctly, your property is still going to sell.
However monetary policy and the ongoing royal commission into banking shining a spotlight on the big banks’ every move is making it very difficult for some buyers to get finance This has reduced the number of eligible buyers able to enter the marketplace, which is driving the current downturn in the market. Purchasers have had their borrowing capacity reduced dramatically which has made it unviable for some to buy. In essence, my prediction is that the next couple of years and perhaps beyond will see a period of flat to negative growth in property values. So if selling is on your radar it may not pay to hold off. To discuss further, please do not hesitate to contact me. Tony
2ND QUARTER 2018Â STATISTICS 17
PROPERTIES SOLD
5
PROPERTIES FOR SALE
$
HIGHEST SALE PRICE
$1.9M
$
MEDIAN SALE PRICE
$1.355M
'BEACON HILL' SEARCHES ON REALESTATE.COM.AU FOR MARCH
10,761
2ND QUARTER 2018Â STATISTICS No. of properties sold compared to this time last year & last quarter 20
15
5
10
5
0 Apr-Jun 2017
Jan-Mar 2018
Apr-Jun 2018
What's the most common price bracket in Beacon Hill? $1.75M-$2M 12%
$1M-$1.25M 29% $1.5M-$1.75M 12%
$1.25M-$1.5M 47%
PROPERTIES SOLD: 2ND QUARTER 2018 3A PALING PLACE
3BED | 1BATH | 2CAR | 197M2
$1,105,000 196A WARRINGAH ROAD
3BED | 2BATH | 1CAR | 683M2
$1,150,000 20 KOKODA CRESCENT
4BED | 2BATH | 2CAR | 1,150M2
3BED | 2BATH | 2CAR | 1,138M2
25B KADIGAL PLACE
171 MCINTOSH ROAD
$1,190,000
5
211 WARRINGAH ROAD
3BED | 2BATH | 1CAR | 276M2
$1,250,000 33 KOKODA CRESCENT
$1,230,000
3BED | 1BATH | 2CAR | 594M2
$1,320,000 22 DRESDEN AVENUE
4BED | 2BATH | 2CAR | 550M2
4BED | 2BATH | 2CAR | 575M2
57 WILLANDRA ROAD
27 COUSINS ROAD
$1,325,000
$1,350,000
5BED | 2BATH | 3CAR | 556M2
4BED | 1BATH | 1CAR | 569M2
67A LADY PENRHYN DRIVE
45 EARL STREET
$1,355,000
$1,370,000
4BED | 2BATH | 2CAR | 472M2
5BED | 2BATH | 2CAR | 575M2
75 RYAN PLACE
56 BROOKER AVENUE
$1,375,000
$1,421,000
4BED | 3BATH | 2CAR | 728M2
3BED | 2BATH | 1CAR | 306M2
12 BEACON AVENUE
4 MARSHALL CRESCENT
$1,500,000
3BED | 3BATH | 2CAR | 708M2
$1,560,000
$- NOT DISCLOSED
4BED | 3BATH | 2CAR | 556M2
$1,860,000
7 PALING PLACE
4BED | 2BATH | 2CAR | 651M2
$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