Quarterly Marketplace Report
Brookvale 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 have 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: Brookvale
Residential properties sold
Properties for sale today
20
Â
8 Â
Highest Sale Price
$1.39m
Median Unit Price
$726k
Number of realestate.com.au views for Brookvale in July
13,360
Number of properties sold compared to this time last year & last quarter
Number of properties sold
35 30
Jul-‐Sep 2014
25 Apr-‐Jun 2015
20
Jul-‐Sep 2015
15 10 5 0
What’s the most common price bracket in Brookvale? $1mil-‐$1.5mil
$750,000-‐$1mil
$500,000-‐ $750,000
Properties Sold 3rd Quarter 2015 4/18 Shackel Avenue 1 bed 1 bath 1 car
20/22 Shackel Avenue 1 bed 1 bath 1 car
$555,000
$556,000
7/12 Shackel Avenue 1 bed 1 bath 1 car
26/40-42 Brookvale Avenue 1 bed 1 bath 1 car
$560,500
$561,000
14/21 Gulliver Street 1 bed 1 bath 1 car
303/517 Pittwater Road 1 bed 1 bath 1 car
$605,000
$610,000
13/15A Pine Avenue 2 bed 1 bath 1 car
19/1 Funda Place 2 bed 2 bath 1 car
$710,000
$720,000
7/80 Old Pittwater Road 2 bed 2 bath 1 car
13/46-48 Old Pittwater Road 2 bed 2 bath 1 car
$726,000
$732,500
11/15 Shackel Avenue 2 bed 2 bath 1 car
11/80 Old Pittwater Road 2 bed 2 bath 2 car
$740,000
$746,200
15/7-13 Brookvale Avenue 2 bed 2 bath 1 car
1/1 Funda Place 2 bed 2 bath
$785,000
1
car
$815,000
8/78 Old Pittwater Road 2 bed 2 bath 2 car
11/2 Brookvale Avenue 2 bed 2 bath 2 car
$960,000
$985,000
21/48A Consul Road 3 bed 2 bath 2 car
54/48A Consul Road 3 bed 2 bath 2 car
$1,101,000
$1,177,000
Properties Sold 3rd Quarter 2015 25 Brookvale Avenue 3 bed 1 bath 1 car
$1,180,000
341m2
17 Alfred Road 5 bed 3 bath
2
car
942m2
$1,390,000
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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Office
02 9905 3883
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