Quarterly Marketplace Report
Allambie Heights Properties Sold 1st April – 30th June 2016
How’s the market? With record breaking selling conditions, why aren’t more people selling? We saw an increase of 1% over June. This positive statistic is a direct effect of the surprise interest rate cut by a further 25 basis points in May. The market is up 12.3% since June last year.
Many factors play a part in this. Some are holding off due to the federal election, while many people have simply put their plans on hold because they cannot find a suitable property to move into.
The very low supply of housing on the market is fuelling further price growth. Take a look at this graph, showing the number of property listings for the first 4 months of each year since 2011 on the Northern Beaches:
The other major factor is the high change over costs in moving particularly the payment of stamp duty when re-buying. Now for sellers that are ready to go onto the market - should they wait until Spring? A common misconception when it comes to selling real estate is that many people think the best time to put a property on the market is in Spring time.
You can see that year on year, the amount of properties on the market keeps reducing dramatically to less than half when compared to 5 years ago. June 2016 marks the fourth year of this current growth cycle, so with record breaking selling conditions, why aren’t more people selling?
Traditionally many people put their selling plans on hold in Winter because of the colder months. This in fact leads to an influx of property coming onto the market in Spring, which means more competition amongst sellers. I urge you, if selling is on your radar, to forget Spring time and seriously consider selling in winter when there are less properties listed for sale.
2nd Quarter 2016 Statistics: Allambie Heights
Residential properties sold
Properties for sale today
19
2
Highest Sale Price
$1.721m
Median Sale Price
$1.33m
Number of properties sold so far in Allambie Heights in 2016
32
Number of properties sold compared to this time last year & last quarter
Number of properties sold
20 18
Apr-Jun 2016
Apr-Jun 2015
16 Jan-Mar 2016
14 12 10 8 6 4 2 0
What’s the most common price bracket in Allambie Heights? $1.5mil$1.75mil
$1mil-$1.25mil
$1.25mil$1.5mil
Properties Sold 2nd Quarter 2016 17 Goondari Road 3 bed 1 bath 1 car
395m2
$- Not Disclosed 31 Derna Crescent 3 bed 2 bath 2 car
724m2
12 Nyrang Road 3 bed 2 bath
1
car
330m2
1
car
556m2
43 Pozieres Parade 3 bed 2 bath 2 car
755m2
$1,200,000
3 Derna Crescent 3 bed 1 bath 1 car
689m2
$1,260,000
10 Sunlea Place 3 bed 2 bath
$1,320,000
11 Darmour Avenue 5 bed 3 bath 2 car
556m2
$1,430,000
$1,405,000 5 Churchill Crescent 3 bed 1 bath 1 car
620m2
$1,461,000
64 Maroa Crescent 3 bed 2 bath 1 car
322m2
$1,475,000
17 Roosevelt Avenue 4 bed 1 bath 1 car
620m2
$1,500,000
12 Inglebar Avenue 3 bed 3 bath 2 car
898m2
$1,570,000
75 Allambie Road 5 bed 2 bath 2 car
828m2
$1,580,000
8 Kurrabi Road 5 bed 2 bath
1
car
601m2
$1,595,000 2
car
581m2
$1,615,000 150 Allambie Road 4 bed 2 bath 2 car 28 Allenby Park Parade 4 bed 2 bath 2 car
230 Allambie Road 4 bed 2 bath 2 car
1,113m2
$1,651,000 860m2
$1,652,000
$1,721,000
-
$1,060,000
$1,150,000
26 Smith Avenue 4 bed 2 bath
2/2 Hargraves Street 4 bed 1 bath 1 car
10 Churchill Crescent 4 bed 2 bath 1 car
$1,701,500 1,201m2
519m2
The Key: 21 Steps to Selling your Property for More! Whether you’ve sold countless properties or you’re selling for the first time, 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 30 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 ‘residentialowner-occupier-property-owner’, 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-industryproperty-selling-traps’ to avoid.
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 for achieving 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 0450165 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 30 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.
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Business Development Manager
Office
02 9905 3883
Mobile 0418 479 738 Email
tonyq@oneagency.com.au
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