Quarterly Marketplace Report Frenchs Forest 2nd Quarter 2014

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Quarterly Marketplace Report

Frenchs Forest Properties Sold 1st April – 30th June 2014


How’s the market? Thinking of selling in Winter? It might not be such a cold thing to do! 2014 is not all bad news for homeowners. It could signify a change in housing market conditions towards a more sustainable level of growth moving forward. It is also important to remember that we only hear about Sydney-wide statistics. The high demand for housing in the Northern Beaches always sees us erring on the higher end of the city average. Winter is surely upon us – these icy cold winds cutting through our streets have forced many of us into hibernation! The property market hasn’t been cooled so much - Sydney dwelling values increased by 0.2% in the first two weeks of June, partially reversing the 1.1% decrease we experienced in May, and auction clearance rates still healthy at 67-72%.

Many punters wax lyrical about the Spring property market as the only season in which to sell. Whilst the hype of the Spring selling market is infectious, it can also be difficult to achieve a premium price due to the lack of competition.

When the market is flooded with properties in Spring, the buyers are spoiled for choice. If they miss out on yours, there’s another to buy around the corner. In the cooler months, you have less competition as a Our current growth cycle has seen us vendor - there are fewer homes on the enjoy a 21% increase in dwelling values market, and purchasers are motivated by since the beginning of the growth cycle having fewer homes to consider. Selling in in June 2012 – 16% of which has occurred Winter won’t leave you out in the cold, in the past 12 months alone. If history is that’s for sure! anything to go by then we know it is rare for a cycle of growth to last longer than Are you considering selling your home in two years in Sydney. the chilly months to come? Get in contact This slowed rate of growth I predicted would happen after the first quarter of

with me to discover the value of your property under current market conditions. The value of your home may have changed since last appraised.


2nd Quarter 2014 Statistics: Frenchs Forest

Residential properties sold

Properties for sale today

Highest Sale Price

Median Sale Price

Number of realestate.com.au Internet views for Frenchs Forest in May

49 24 $2.13m $1.055m

41,425


Properties Sold 2nd Quarter 2014 1/54 Epping Drive 4 bed 2 bath 2 car

-

7 Newell Place 3 bed 1 bath

2

car

$850,000

$855,250

4/80 Prince Charles Road 3 bed 2 bath 1 car -

4/26 The Esplanade 3 bed 2 bath 2 car

$- Not Disclosed 324 Warringah Road 4 bed 2 bath 4 car

835m2

-

$- Not Disclosed 581m2

26 Hilmer Street 1 bed 1 bath

3

car

356m2

$- Not Disclosed

$910,000

32 Rangers Retreat Road 3 bed 1 bath 1 car 699m2

46 Rangers Retreat Road - bed - bath - car 696m2

$915,000

$921,000

58A Bantry Bay Road 3 bed 2 bath 1 car

334m2

$937,500 645m2

$- Not Disclosed 3 Dakara Place 3 bed 2 bath

car

8 Newell Place 4 bed 3 bath

car

2 $- Not Disclosed 1 $- Not Disclosed

32 Romford Road 4 bed 2 bath 2 car

14 Newell Place 3 bed 2 bath

2

car

601m2

2 car $- Not Disclosed

683m2

$981,000 696m2

1 Naree Road 3 bed 2 bath

765m2

9 Dundilla Road 3 bed 1 bath

2

car

740m2

1 Maxwell Parade 4 bed 2 bath 2 car

620m2

$1,001,000 550m2

$1,010,000

$1,020,000

696m2

$- Not Disclosed

10 Tyalla Avenue 4 bed 2 bath 2 car

3 Burraloo Street 3 bed 2 bath

1 Nianbilla Place 4 bed 1 bath 2 car

$1,010,250 2

car

696m2

1 Cliff Point Place 4 bed 2 bath 1 car

$1,024,000

550m2


Properties Sold 2nd Quarter 2014 23 Karingal Crescent 3 bed 2 bath 2 car

570m2

8 Bowman Avenue 3 bed 1 bath 2 car

$1,035,000

$1,025,000 3 Maxwell Parade 4 bed 2 bath 1 car

632m2

82 Pound Avenue 4 bed 2 bath 2 car

$1,045,000

$1,049,000

74 Karingal Crescent 4 bed 2 bath 2 car

13 Valley View Road 3 bed 2 bath 1 car

618m2

6 Young Crescent 4 bed 2 bath 2 car

816m2

816m2

$1,071,000

32 Kens Road 4 bed 2 bath

2

car

35 Dixon Avenue 5 bed 2 bath 3 car

1,581m2

556m2

$1,100,000 2

car

607m2

5 Moonbi Crescent 3 bed 1 bath 1 car

$1,106,000

$1,125,000

14 Moonbi Crescent 4 bed 2 bath 2 car

6A Penrose Place 3 bed 2 bath 2 car

696m2

54 Romford Road 4 bed 2 bath 3 car

556m2

15 Epping Drive 4 bed 2 bath

1

car

$1,135,000

$1,155,000

110 Frenchs Forest Road West 5 bed 3 bath 3 car 885m2

34 Careebong Road 5 bed 2 bath 2 car

$1,160,000

$1,170,000

19 Merrilee Crescent 5 bed 2 bath 4 car

696m2

739m2

$1,133,000

$1,130,000

$1,170,000

569m2

$1,055,000

$1,053,000 19 Blaxland Street 4 bed 2 bath 2 car

696m2

$1,050,000

$1,049,800

5 Bilbette Place 4 bed 2 bath

790m2

721m2

11 Merrilee Crescent 4 bed 2 bath 2 car

$1,175,000

702m2

-

708m2


Properties Sold 2nd Quarter 2014 11 Bennabra Place 5 bed 3 bath 3 car

1,239m2

38 Rangers Retreat Road 4 bed 2 bath 2 car 696m2

$1,190,000

$1,185,000 52 Nandi Avenue 4 bed 2 bath 4 car

556m2

14 Mrs Macquarie Drive 4 bed 2 bath - car

$1,200,000

$1,285,000

1 Lara Place 5 bed 3 bath

16 Mimosa Street 4 bed 3 bath 2 car

2

car

2

car

-

696m2

$1,390,000

$1,380,000 54 Parni Place 5 bed 3 bath

798m2

790m2

696m2

$- Not Disclosed

$1,419,000 11 Tisane Avenue 5 bed 4 bath 2 car

26 Bluegum Crescent 4 bed 4 bath 2 car

1,231m2

$2,130,000

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.


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 29 years of real estate expertise, I am humbled to have been chosen to endorse this book - “THE KEY – 2crets 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. Go to my website to download this book: tonyquattroville.com.au 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 29 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 800 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 29 years of successfully selling real estate on the Northern Beaches & with over 800 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.

Meet my team

Simon Smith

Head of Marketing

Finn Simpson

Business Development Manager


Office

02 9905 3883

Mobile 0418 479 738 Email

tonyq@oneagency.com.au

Web

tonyquattroville.com.au


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