Quarterly Marketplace Report
Frenchs Forest Properties Sold 1st July – 30th September 2014
How’s the market? Will the Spring rush slow down our rate of growth? from this time in 2013. This is of course assisted by auction clearance rates remaining strong at approximately 80%. Now that Spring has sprung, the underlying strength of our property market will get it’s first true test. “Super Saturdays” will be approaching our auctions soon and the early Spring market is always a good indicator of just how super they will be. Sydney and Melbourne were the only capital cities in Australia to see a gain in the last quarter ending in July. Sydney’s dwelling values increased by a further 5% over winter, which is the strongest result since winter 2007. Dwelling values have now increased by 16.2% from this time last year. Since the commencement of this growth phase beginning in June 2012, Sydney has recorded a 27.2% increase in dwelling values. This continued growth could be explained by the 16% decrease in the number of listings on the market from this time last year. Properties are still selling fast at 14-30 days on average, compared to 41 days
But will there be a sudden influx of stock in the coming months? Personally, I have not seen stocks levels this low in my 30 year career, and while more property should come on the market during Spring, demand will still exceed supply. I'd love to be able to tell you what the market looks like in December and only time will tell. My bet is that while there are no signs of an interest rate rise in the near future, the market will continue to rise. Owners are realising the growth of their most important asset, whilst buyers are bidding away knowing that money has not been this cheap to borrow in over 60 years. So if you have thought about moving in the near future, and have not realised the asset you are sitting on, please contact me on 0418 479 738. I’d love to help you weigh up your options.
3rd 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 August
53 23 $1.9m $1.258m
38,601
Properties Sold 3rd Quarter 2014 2/26 The Esplanade 3 bed 2 bath 1 car
-
$800,000 5 Duneba Place 4 bed 2 bath
1
car
1,005m2
2
car
563m2
2
car
696m2
1
car
828m2
556m2
1
car
734m2
2
car
976m2
2
car
645m2
1 car $- Not Disclosed
16 Naree Road 3 bed 1 bath 31 Forest Way 4 bed 2 bath
1 Tyalla Avenue 4 bed 2 bath
709m2
2 Donelly Place 4 bed 2 bath
822m2
715m2
22 Gladys Avenue 4 bed 3 bath 2 car
2,725m2
$1,000,000 2
car
$1,060,000
$1,060,000 2
car
696m2
$1,070,000 34 Romford Road 4 bed 2 bath 2 car 15 Bambara Road 3 bed 1 bath 1 car
30 Karingal Crescent 3 bed 1 bath 2 car
568m2
$1,070,000 556m2
$1,075,000
$1,080,000
car
$990,100
29A Canarvon Drive 3 bed 2 bath 2 car
11 Athol Street 4 bed 2 bath
-
9 Karabah Place 3 bed 1 bath
$975,000
$990,000
2 Adams Street 5 bed 3 bath
721m2
$935,000
$947,000 12 Ilford Road 3 bed 1 bath
car
$853,000
$865,000 4 Shanuk Street 4 bed 1 bath
-
$805,000
$830,000 11 Newell Place 3 bed 1 bath
9 Newell Place 3 bed 1 bath
11 The Esplanade 4 bed 2 bath 3 car
696m2
$1,080,000 702m2
19 Epping Drive 3 bed 1 bath
$1,095,000
2
car
696m2
Properties Sold 3rd Quarter 2014 11 Bambara Road 3 bed 1 bath 1 car
702m2
2
car
666m2
17 Sunset Place 4 bed 2 bath
$1,110,000
$1,115,000
9 Kawana Street 4 bed 2 bath
9 Jarrah Place 4 bed 2 bath
3
car
702m2
20 Dixon Avenue 4 bed 2 bath 1 car
588m2
149 Frenchs Forest Road 3 bed 1 bath 2 car
708m2
$1,185,000
11 Stricta Place 4 bed 2 bath
8 Epping Drive 3 bed 2 bath
4
car
660m2
car
556m2
1
car
696m2
2
car
945m2
2
car
1,119m2
22 Hakea Avenue 4 bed 2 bath 2 car
$1,205,000
30 Epping Drive 4 bed 3 bath
18 Naree Road 4 bed 2 bath
2 car $- Not Disclosed 2
car
702m2
696m2
1
car
734m2
2
car
1,068m2
$1,220,000 697m2
2 Ilford Road 3 bed 2 bath
$1,250,000
$1,250,000 23 Townsend Avenue 4 bed 2 bath 2 car
700m2
$1,250,100
$1,267,400
2
$1,190,000
$1,200,000
14 Naree Road 4 bed 2 bath
746m2
$1,175,000
$1,150,000
15 Cobb Street 6 bed 2 bath
car
$1,122,000
$1,120,000
8 Hilmer Street 5 bed 2 bath
2
$1,101,000
$1,100,000 4 Barnes Road 3 bed 2 bath
19 Sturt Street 3 bed 1 bath
25 Roselands Avenue 4 bed 3 bath 1 car
702m2
$1,265,000 2
car
734m2
29 Townsend Avenue 4 bed 2 bath 2 car
$1,290,000
701m2
Properties Sold 3rd Quarter 2014 12 McBrien Place 5 bed 3 bath 2 car
706m2
2
car
708m2
$1,300,000
$1,290,000 47 Sorlie Road 5 bed 3 bath
2 $- Not Disclosed
car
2 Winslea Avenue 4 bed 3 bath 2 car
740m2
2
car
634m2
778m2
936m2
714m2
77 Corymbia Circuit 6 bed 3 bath 2 car
996m2
3 Curra Close 4 bed 3 bath
2
car
-
$1,588,000 720m2
$1,600,000 97 John Oxley Drive 6 bed 4 bath 2 car
11 Greendale Avenue 5 bed 3 bath 2 car
$1,455,000
$1,482,000 68 Corymbia Circuit 5 bed 2 bath 2 car
2,238m2
$1,350,000
$1,426,000 91 Blackbutts Road 4 bed 3 bath 2 car
18B Prahran Avenue 3 bed 2 bath 4 car
$1,300,000
$1,335,000 31 Sorlie Road 4 bed 2 bath
1 Oxley Place 4 bed 3 bath
8 Rhonda Avenue 5 bed 3 bath 2 car
696m2
$1,615,000 1,176m2
$1,900,000
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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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.
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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.
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Business Development Manager
Office
02 9905 3883
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