Ingleburn Quarterly Market Report - April 2015
What’s happening in your local property market?
Market Report - Ingleburn From BRAD JACKSON, your local property expert in Ingleburn
It’s a BOOM out there! Hi, its Brad here from Prudential Real Estate. Welcome to our latest quarterly report for Ingleburn in 2015. Over the last three months we’ve seen a spectacular property boom! With another cut to interest rates, consumer confidence is at an all time high so it is an exc iting tim e for Inglebur n homeowners to cash-in while the local market is hot.
$405,000. Our team also set a new block record at 11/72 Parliament Road, Macquarie Fields, with this attractive 4 bedroom, 1 bathroom, single garage home selling for $505,000. However, the stand-out sale for this quarter has to be 188 Cumberland Road, Ingleburn. This immaculate 3 bedroom home received over 110 inspections, 37 written offers and
land release sale which claimed a sales record, selling out in half an hour! Our advice to buyers at the moment is simple, if you are attending open homes, come with a plan, know the limits of your financial position and be prepared to make a decision as wellpositioned properties are generally selling fast. As we reflect on what has occurred in the first quarter of 2015, we can’t wait to see what the second quarter will bring. So if you are looking to make the move, call us now. Thanks for your time, I’m Brad and I look forward to speaking with you soon.
Contact me today for property advice and help in INGLEBURN and surrounding suburbs BRAD JACKSON 188 Cumberland Road, Ingleburn SOLD by Prudential Real Estate We have seen an increase in buyers several contracts issued across the attending our open homes with over marketing campaign resulting in an 70% being investors. This is not a impressive sale price of $660,000. surprise, as Realestate.com.au stated in a recent blog that the Campbelltown The local market has been crowded area ranked 7th on the top ten most with demand with most houses selling searched suburbs for New South by the first weekend on the market, this quarter. This fact should not discourage Wales. buyers as this trend is slowly curbing Achieving higher than anticipated sales and there are still great value properties prices in the last quarter, it is an popping onto the market, across the encouraging time for homeowners to Macarthur region. Recently-listed gems include <.. consider selling. If you’re not thinking of selling right now I would be locking in my mortgage rate with your bank. Interest rates are unlikely to go lower so now's the time to nail down your repayments for the next 12 months. Need help with this? Call me at any time.
• 18/201 Oxford Road, Ingleburn for offers above $390,000 and, • 3 Adrian Street, Macquarie Fields for offers above $600,000 and, • 51 Brenda Street, Ingleburn for offers above $550,000.
Our office has been involved in some record-setting sales in recent times, including the beautifully-presented, 2 bedroom townhouse at 2/14 Chester Road, Ingleburn which sold for
First home buyers should be thrilled by the news that land releases are ongoing in such suburban areas as Appin, Oran Park and Spring Farm, but lots are selling up fast. Just recently, we were astounded by the Macarthur Heights
M: 0434 777 847
INGLEBURN - Sales Statistics (Houses) Year
# Sales
Median
Growth
Low
High
1997
289
$ 143,000
0.0 %
$ 35,000
$ 3,112,100
1998
255
$ 152,000
6.3 %
$ 3,950
$ 1,720,000
1999
294
$ 163,250
7.4 %
$ 67,500
$ 1,481,000
2000
305
$ 181,500
11.2 %
$ 5,516
$ 551,600
2001
317
$ 222,000
22.3 %
$ 83,334
$ 1,630,000
2002
292
$ 270,025
21.6 %
$ 5,000
$ 1,200,000
2003
282
$ 325,000
20.4 %
$ 1,540
$ 3,000,000
2004
172
$ 346,000
6.5 %
$ 4,400
$ 3,752,500
2005
178
$ 330,000
-4.6 %
$ 35,000
$ 1,020,000
2006
167
$ 305,000
-7.6 %
$ 10,000
$ 1,370,000
2007
186
$ 315,000
3.3 %
$ 30,000
$ 1,045,000
2008
179
$ 307,000
-2.5 %
$ 75,000
$ 570,000
2009
205
$ 330,000
7.5 %
$ 12,500
$ 930,000
2010
192
$ 349,975
6.1 %
$ 70,000
$ 790,000
2011
198
$ 352,000
0.6 %
$ 17,500
$ 3,165,000
2012
177
$ 367,000
4.3 %
$ 8,000
$ 1,650,000
2013
208
$ 408,000
11.2 %
$ 50,000
$ 1,540,000
2014
240
$ 490,500
20.2 %
$ 180,000
$ 2,450,000
2015
40
$ 538,000
9.7 %
$ 345,000
$ 750,000
Median Sale Price
$507k Based on 235 recorded House sales within the last 12 months (Apr '14 - Mar '15) Based on a rolling 12 month period and may differ from calendar year statistics
Suburb Growth
+20.1% Current Median Price: $507,000 Previous Median Price: $422,000 Based on 446 recorded House sales compared over the last two rolling 12 month periods
Prepared on 25/05/2015 by Prudential Real Estate Campbelltown. Š Property Data Solutions Pty Ltd 2015 (pricefinder.com.au) The materials provided are distributed as an information source only. Š The State of New South Wales (Land and Property Information - LPI) May/2015. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 04/05/15 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.
INGLEBURN - Peak Selling Periods
INGLEBURN - Price Range Segments
Prepared on 25/05/2015 by Prudential Real Estate Campbelltown. Š Property Data Solutions Pty Ltd 2015 (pricefinder.com.au) The materials provided are distributed as an information source only. Š The State of New South Wales (Land and Property Information - LPI) May/2015. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 04/05/15 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.
INGLEBURN - Median Weekly Rents (Houses) Suburb Sale Price Growth
+20.1% Current Median Price: $507,000 Previous Median Price: $422,000 Based on 446 registered House sales compared over the last two rolling 12 month periods.
Bedroom Breakdown
Suburb Rental Yield
+4.1% Current Median Price: $507,000 Current Median Rent: $400 Based on 242 registered House sales compared over ther last 12 months.
INGLEBURN - Median Weekly Rents (Units) Suburb Sale Price Growth
+11.4% Current Median Price: $342,500 Previous Median Price: $307,500 Based on 220 registered Unit sales compared over the last two rolling 12 month periods.
Bedroom Breakdown
Suburb Rental Yield
+5.3% Current Median Price: $342,500 Current Median Rent: $350 Based on 126 registered Unit sales compared over ther last 12 months.
Prepared on 25/05/2015 by Prudential Real Estate Campbelltown. Š Property Data Solutions Pty Ltd 2015 (pricefinder.com.au) The materials provided are distributed as an information source only. Š The State of New South Wales (Land and Property Information - LPI) May/2015. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 04/05/15 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.
INGLEBURN - Recently Sold Properties
Median Sale Price
Suburb Growth
# Sold Properties
$507k
+20.1%
235
Based on 235 recorded House sales within the last 12 months (Apr '14 - Mar '15)
Current Median Price: $507,000 Previous Median Price: $422,000
Based on recorded House sales within the 12 months (Apr '14 - Mar '15)
Based on a rolling 12 month period and may differ from calendar year statistics
Based on 446 recorded House sales compared over the last two rolling 12 month periods
Based on a rolling 12 month period and may differ from calendar year statistics
7 BUGATTI DR
17 GORDON AVE
188 CUMBERLAND RD
$675,000
May
May
2015 15 Days
$492,500
May
2015 561 m²
4
2
2
17A GORDON AVE
28 Days
$660,000
2015 626 m²
3
1
2
8 BAINBRIDGE AVE
34 Days
$547,000
May
May
May
2015
2015
24 Days
26 Days
6 Days
3
2
18 KINGS RD
678 m²
4
1
1
12 PARK ST
May
May
May
2015
2015
4 Days
4 Days
2
3
1
1
$860,000
31 Days
2
352 m²
$752,000
2015 4
2
69 CARLISLE ST
$751,000
702 m²
2
$550,000
2015 4
3
4 PACKARD CL
$720,000
534 m²
651 m²
825 m²
5
2
2
734 m²
3
1
2
Prepared on 25/05/2015 by Prudential Real Estate Campbelltown. © Property Data Solutions Pty Ltd 2015 (pricefinder.com.au) The materials provided are distributed as an information source only. © The State of New South Wales (Land and Property Information - LPI) May/2015. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 04/05/15 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.
14 LIVERPOOL ST
5 EUROKA ST
10 LEYLAND PL
$482,000
$512,000
$495,000
May
Apr
Apr
2015
2015
2015
23 Days
30 Days
58 Days
563 m²
3
1
1
51 FREEMAN CCT
506 m²
4
1
-
7 LYREBIRD PL $526,000
Apr
Apr
Apr
2015
2015
3
1
1
24 NARDOO ST
64 Days
571 m²
3
Apr
1
Apr
3
2
2
3 ANNETTE AVE
28 Days
36 Days
5
3
3
68 Days
1,631 m²
3
1
1
87 CUMBERLAND RD $510,000
$715,000
Apr
Apr
Apr
2015
2015
15 Days
N/A
68 Days
1
2
$2,250,000
2015 1
2
Apr
$460,000
3
5
2015 2,090 m²
10 SINGER PL
594 m²
594 m²
$980,000
2015 550 m²
1
8 CUMBERLAND RD
$710,000
27 Days
1
8 OPEL PL
2015
2
$741,000
2015 430 m²
3
5 BOOBOOK PL
$550,000
27 Days
565 m²
611 m²
4
2
1
810 m²
3
1
2
Prepared on 25/05/2015 by Prudential Real Estate Campbelltown. © Property Data Solutions Pty Ltd 2015 (pricefinder.com.au) The materials provided are distributed as an information source only. © The State of New South Wales (Land and Property Information - LPI) May/2015. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 04/05/15 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.
INGLEBURN - Properties For Rent
Median Rental Price
Rental Yield
Number of Rentals
$400 /w
+4.1%
242
Based on 242 recorded House rentals within the last 12 months (Apr '14 - Mar '15)
Current Median Price: $507,000 Current Median Rent: $400
Based on recorded House rentals within the last 12 months (Apr '14 - Mar '15)
Based on a rolling 12 month period and may differ from calendar year statistics
Based on 235 recorded House sales and 242 House rentals compared over the last 12 months
Based on a rolling 12 month period and may differ from calendar year statistics
54 BAINBRIDGE AVE
1/7 REDFERN ST
24 LIVINGSTONE AVE
$530
$450
$480 per
May
May
May
2015
2015
2015
4 Days
6 Days
6 Days
575 m²
3
2
2
6/1-3 JAMES ST
922 m²
3
1
1
14 FREEMAN CCT $490 Weekly
May
May
May
2015
2015
6 Days
6 Days
6 Days
1
1
51A BELFORD ST
409 m²
4
2
2
20 LAGONDA DR
May
May
2015
2015
2
3
1
10 Days
1
1
$550 Weekly
May
4
546 m²
$460
2015 225 m²
3
12 DELAGE PL
$480
7 Days
1
$340
2015 2
3
2/29 BUGATTI DR
$350
1,592 m²
642 m²
600 m²
4
2
1
12 Days
558 m²
4
2
1
Prepared on 25/05/2015 by Prudential Real Estate Campbelltown. © Property Data Solutions Pty Ltd 2015 (pricefinder.com.au) The materials provided are distributed as an information source only. © The State of New South Wales (Land and Property Information - LPI) May/2015. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 04/05/15 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.
66 CHESTER RD
133 CUMBERLAND RD
8 CITROEN PL
$420
$350
$380
May
May
May
2015
2015
2015
12 Days
600 m²
4
1
1
4 BOOBOOK PL
13 Days
639 m²
3
1
5 SWAN PL
May
Apr
1
2
4 BOOBOOK PL
3
1
1
32 Days
Apr
Apr
2015
2015
34 Days
38 Days
2
23 TREELANDS AVE
1,447 m²
2
1
1
20 LAGONDA DR
4,343 m²
3
$480
1
1
$530
Apr
Apr
Apr
2015
2015
2015
41 Days
45 Days
54 Days
1
1
81 CUMBERLAND RD
DEPOSIT
2
1
$350
Apr
4
3
$380 per
33 Days
556 m²
561 m²
1/28 SPINEBILL PL
2015 1
1
Apr
622 m²
$400
3
1
2015
28 Days
3/172 CUMBERLAND RD
770 m²
3
$380.00
2015 3
568 m²
$415
2015 770 m²
21 Days
29 GERTRUDE RD
$400
24 Days
1
600 m²
4
2
1
822 m²
4
2
1
Prepared on 25/05/2015 by Prudential Real Estate Campbelltown. © Property Data Solutions Pty Ltd 2015 (pricefinder.com.au) The materials provided are distributed as an information source only. © The State of New South Wales (Land and Property Information - LPI) May/2015. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 04/05/15 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.
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CAMPBELLTOWN Serving the local community since 1988 47 Queen Street, Campbelltown Phone 4628 0033 INGLEBURN Serving the local community since 2000 31-33 Oxford Road, Ingleburn Phone 9605 5000 LIVERPOOL Serving the local community since 1994 3/52-58 Memorial Avenue, Liverpool Phone 9822 5999 MACQUARIE FIELDS Serving the local community since 1994 Cnr Saywell & Fields Roads, Macquarie Fields Phone 9605 5333 NARELLAN Serving the local community since 2015 5 Somerset Avenue, Narellan Phone 4624 4400
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Recipients of this report are reminded that, although due care has been taken in the preparation of the within contained material, prospective property buyers, sellers and investors are always best served by making their own independent inquiries before entering into any real estate transaction. This report has been prepared for the sole and exclusive use of Prudential Real Estate clients and customers. The whole of the contents and design are protected by copyright. COPYRIGHT Š Michael O'Sullivan 2001-2015
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