Quarterly Marketplace Report
Beacon Hill Properties Sold 1st January – 31st March 2016
How’s the market? The growth keeps coming! What can we expect through Autumn? Sydney-wide, 648 homes went to auction with a 70% clearance rate. As a contrast to the same weekend last year, 427 homes went to auction with nearly 85% sold. Auction activity in Sydney will continue to rise through to the Queen’s Birthday holiday break in June, which will signal the beginning of the quieter winter auction market.
The growth keeps trickling along. Over March we saw an increase of 1% in our home prices, putting us at 7.4% for yearly growth. This is still quite high, but when compared to the 10-15% growth spurts we were having last year it does not seem so. This is a natural movement of the property cycle as we peak at 12 o’clock and draw to a close on the current growth phase. Buyer activity is still strong in the Northern Beaches however, with an auction clearance rate of over 78% last weekend.
There are just over 20,000 properties currently for sale in Sydney, 11% more than this time in 2015. The increased supply is a factor in the slowing growth in the market. What is interesting to note is interstate migration. NSW lost 95,000 people to interstate migration in 2015, whilst Melbourne gained a further 95,000. Melbourne has overtaken Sydney as Australia’s fastest growing city, and if it keeps this up it shall be our country’s largest city by 2056. As we transition from nuts back to normal, much of the volatility has gone in the market. Now is an optimal time to plan for the next 6-18 months. What are your plans? Is it time to get an update on the value of your home to see where you are placed?
1st Quarter 2016 Statistics: Beacon Hill
Residential properties sold
Properties for sale today
26
Â
8 Â
Highest Sale Price
$2.3m
Median Sale Price
$1.276m
Number of properties sold so far in Beacon Hill in 2016
26
Number of properties sold compared to this time last year & last quarter
Number of properties sold
30 Oct-‐Dec 2015
25
Jan-‐Mar 2016
20 15
Jan-‐Mar 2015
10 5 0
What’s the most common price bracket in Beacon Hill? $1.75mil-‐$2mil $1.5mil-‐ $1.75mil
$2mil+ $1mil-‐$1.25mil
$1.25mil-‐ $1.5mil
Properties Sold 1st Quarter 2016 261 Warringah Road 3 bed 1 bath 1 car
392m2
$1,015,000 604m2
19 Ryan Place 3 bed 1 bath
841m2
556m2
46 Willandra Road 3 bed 1 bath 2 car
582m2
$1,100,000 1
car
$1,145,000 650m2
270 Warringah Road 3 bed 2 bath 2 car
400m2
$1,185,000 2 $- Not Disclosed
car
40 Cormack Road 4 bed 1 bath 4 car
563m2
car
2,378m2
2
car
601m2
1
car
556m2
2 car $- Not Disclosed
470m2
9 Eltham Street 3 bed 1 bath
2
car
5 Jones Street 3 bed 1 bath
$1,253,233 556m2
6 Stephen Street 2 bed 1 bath
601m2
49 Tristram Road 4 bed 2 bath
$1,255,000
$1,280,000
2
car
772m2
11A Guardian Parade 4 bed 2 bath 2 car
587m2
$1,297,000 2
car
936m2
$1,304,000
$1,376,000
1
$1,210,000
8 Samarai Place 4 bed 2 bath
38 Tristram Road 4 bed 2 bath
81 Ryan Place 3 bed 3 bath
$1,175,000
$1,150,000
22 Mills Place 5 bed 2 bath
3 car $- Not Disclosed $1,150,000
260 Warringah Road 5 bed 2 bath 4 car
1 Kandra Road 3 bed 2 bath
582m2
$1,097,000
252A Warringah Road 3 bed 1 bath 1 car 18 Ethie Road 4 bed 2 bath
272 Warringah Road 4 bed 2 bath 2 car
$1,320,000 1
car
556m2
16 Owen Stanley Avenue 4 bed 2 bath 2 car 1,138m2
$- Not Disclosed
Properties Sold 1st Quarter 2016 8 Marshall Crescent 4 bed 2 bath 2 car
645m2
$1,420,000 31 Oxford Falls Road 2 bed 1 bath 2 car
$- Not Disclosed
2
car
556m2
17 Margaret Street 5 bed 3 bath 2 car
600m2
$1,450,000 1,138m2
$1,525,000 7 Scarborough Place 5 bed 3 bath 5 car
4 Mills Place 4 bed 2 bath
$1,670,000 1,210m2
14A Owen Stanley Avenue 4 bed 3 bath 2 car 600m2
$2,300,000
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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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
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