Newport Market Update Kelly Mulvihill YOUR LOCAL AGENT
Suburb sales 27
Total sales in Newport over the last 12 months
5 Myola Road
41 Irrubel Road
80 Crescent Road
11/6 Queens Parade
1/2A Queens Parade
13 Beaconsfield Street
4/28 Bardo Road
13/6 Queens Parade
15/49-51 Foamcrest Ave
42 Irrubel Road
4/31 Seaview Avenue
2/59 Gladstone Street
Suburb statistics How Newport performed over the last 12 months
$24,500,000
$2,260,000
$972,000
Highest sale price
House sale price average
Unit sale price average
72
140
94
House days on market average
Number of sales houses
Number of sales units
58
$935/week
$563/week
Unit days on market average
Rental price average houses
Rental price average units
8.33%
6.34%
Capital growth - houses
Capital growth - units
Source: yourinvestmentpropertymag.com.au Monthly data update for June 2021 as supplied by CoreLogic. Data is reported to the period ending March 2021. Please note that property sales data is routinely updated, so may change retrospectively.
Market wrap The Sydney property market found new strength in the midst of the pandemic. Low interest rates and increasing household wealth, together with a short supply of properties on the market and high buyer demand have all come together to produce the phenomenal sales prices we’re seeing today in our region. Although Sydney’s housing values were on the lower side toward the end of 2020, we’re now at a record high, with housing value soaring to 5.7% higher when compared to over 6 months ago. With our focus on Sydney’s Northern Beaches, we’ve witnessed these strong results first-hand over the last few weeks, and we’re seeing no signs of this slowing any time soon. March 2021 saw a new monthly record for us at Upstate. With over 15,000 email enquiries, we sold a record of 73 properties and leased 50 properties.
How Upstate performed January to June 2021
276
294
$10,000,000
Residential sales
Residential leased
Highest sale price Northern Beaches
35
63
90,000+
Commercial sales
Commercial leased
Prospective buyers on our database
Auction clearance rates January to June 2021
88%
85%
91%
Auction clearance rate Upstate
Auction clearance rate Sydney
Auction clearance rate Northern Beaches
The latest at Upstate How we’re pioneering new real estate technology in 2021 to benefit everyone.
Digital Property Valuations
Chatbot – Live on our Home page
Never be left wondering again. Our
It’s not the future without robots – or at
Upstate digital property valuation tool
least a chat-bot that is available 24/7 to
is now live and ready to make you a
answer all of your questions and give you
property expert in seconds. From market
access to the information you need.
appraisals, suburb statistics, market trends,
You’ll find ‘Eora’ on our home page. Feel
peak selling periods, sales and growth
free to ask it anything you want. Now, you
charts to details of nearby properties –
can talk to us whenever you’re feeling up
you’ll have everything you need to make
for a chat! Keeping in mind, the bot has
informed decisions at your fingertips.
similar learning tendencies to us humans,
Real Estate moves fast. Our report makes
only much more efficient. At this stage it
you move faster. Simply enter a property
is classified as a toddler, next month a
address and you’ll become a property
teenager and the month after, a genius!
expert in seconds. It’s super easy.
SEE FOR YOURSELF HOW UPSTATE COMPARES
Number 1 Northern Beaches single office, with the biggest team and database. NUMBER OF TRANSACTIONS 2020 500
400
300
200
100
NOVAK
BELLE DEE WHY
CLARKE AND HUMEL
CUNNINGHAMS BALGOWLAH
UPSTATE
The New Digital Seller Experience
agent directly while reviewing all of your
Discover a better way to sell, keep up to
property updates at a glance.
date and have complete peace of mind, anywhere, anytime with our innovative
Bitcoin accepted at Upstate
Upstate App. The selling process is right
We’re all about keeping up with
at your fingertips, with a live dashboard
technology, and that definitely includes
displaying current enquiries and buyer
cryptocurrency. So, as of this year, Upstate
interest stats, trends, campaigns, offers,
will be accepting Bitcoin as a payment
attendee numbers and more.
method for all of your property marketing
You can be sitting at a café or enjoying
and property fees. Just ask, and we’ll
the bustle of your day and message your
arrange it for you.
Kelly Mulvihill Sales Consultant
0435 177 153 kelly.m@upstate.com.au
Kelly’s approach is to understand the real needs of people. He is a standout and dynamic performer in the area.
$5,200,000
480
12
Highest sale price
Total properties sold
Years of experience
GREAT AGENT
REASSURING AND PERSISTENT
Kelly was fantastic, as a first home buyer I was very unsure of the whole process and, he was a great help along the way, with nothing ever too hard. Great communication and very accommodating. I would highly recommend him.
Kelly went above and beyond to get our sale over the line!! We couldn’t be happier with the end result. We would have no hesitations recommending Kelly for your next sale! Vendor – 11/6 Queens Parade, Newport
Purchaser – Gladstone Street, Newport
upstate.com.au Level 1, Suite 15, 888 Pittwater Road, Dee Why, NSW 2099