Quarterly Marketplace Report
Beacon Hill Properties Sold 1st July – 30th September 2015
How’s the market? Spring has sprung however has some of the heat come out of our property market? The RBA then dropped interest rates to record lows in February of this year which reignited the fire, giving our housing boom its second wind, further strengthening my assertion that our price growth has been predominantly due to interest rates at 60 year lows.
Open homes over the past 2 weeks has seen a drastic reduction in buyer inspections. Sydney's auction clearance rates have also been steadily decreasing over the past 4 weeks and dropped to below 70% last week for the first time in 3 years. We have been less affected on the Northern Beaches as our enviable lifestyle always finds a buyer moving into the area or a local wanting a new place to live.
If the economy as a whole does not improve some commentators are predicting that the RBA could very likely employ the same tactic, and drop the cash rate to a staggering 1.5%. Could this give our housing boom its third wind? Well only time will tell At the moment it is unlikely that we will experience a bust however Sydney's market simply cannot just keep going up as experienced over the past 2 ½ years, so a correction could well be around the corner. Now is a great time to get an update to see where you stand in the current market.
But have we reached our peak? The same scenario and questions were asked Contact me today so I can give you a this time last year, when cracks were neutral opinion as to what I think you could beginning to show in the housing market. sell for.
3rd Quarter 2015 Statistics: Beacon Hill
Residential properties sold
Properties for sale today
22
Â
5 Â
Highest Sale Price
$1.75m
Median Sale Price
$1.3m
Number of properties sold in Beacon Hill so far in 2015
56
Number of properties sold compared to this time last year & last quarter
Number of properties sold
22.5
Jul-‐Sep 2015
22 21.5
Apr-‐Jun 2015
21 20.5 20 19.5 19
Jul-‐Sep 2014
18.5 18 17.5
What’s the most common price bracket in Beacon Hill? $750,000-‐$1mil $1.5mil-‐$2mil
$1mil-‐$1.5mil
Properties Sold 3rd Quarter 2015 3A Paling Place 3 bed 1 bath
2
car
197m2
$891,000 16 Elliot Street 3 bed 1 bath
44B Oxford Falls Road 2 bed 2 bath 1 car
298m2
$1,015,000 1
car
556m2
$1,057,000 20A Careden Avenue 3 bed 1 bath 2 car
287m2
1,037m2
463m2
658m2
556m2
556m2
$- Not Disclosed
769m2
45 Lady Penrhyn Drive 4 bed 2 bath 2 car
451m2
5 Gertrude Street 3 bed 1 bath 3 car
465m2
2 Aperta Place 4 bed 2 bath
2
car
740m2
2
car
563m2
1
car
556m2
19 Cooper Close 5 bed 3 bath 3 car
645m2
54 Tristram Road 3 bed 2 bath
$1,450,000 685m2
$1,450,000 39 Princess Mary Street 2 bed 2 bath 1 car
195 Warringah Road 4 bed 1 bath 2 car
$1,380,000
$1,385,000 90 Beacon Hill Road 4 bed 2 bath 2 car
563m2
$1,330,000
$1,335,000 1 Biralee Cresent 3 bed 2 bath 3 car
car
$1,280,000
$1,312,500 13 Brooker Avenue 4 bed 2 bath 2 car
1
$1,242,000
$1,280,000 17 Courtley Road 3 bed 2 bath 2 car
176 Parr Parade 3 bed 1 bath
$1,155,000
$1,220,000 15A Endeavour Drive 4 bed 2 bath 2 car
367m2
$1,137,000
$1,145,000 187 Warringah Road 3 bed 1 bath 1 car
235 Warringah Road 3 bed 2 bath 2 car
3 Samarai Place 3 bed 1 bath
$1,491,000 556m2
$- Not Disclosed
Properties Sold 3rd Quarter 2015 12 Dresden Avenue 5 bed 3 bath 2 car
$1,615,000
651m2
10 Cooper Close 3 bed 1 bath 1 car
626m2
$1,750,000
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 RP Data. 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.
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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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