Market Review Booklet - October Issue

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PRINCIPALS

OFFICES

KIAMA

Terry Digger

Principal | Licensee 0417 760 669 terry digger@ccfn com au

Jason Stalgis

Principal | Licensee 0403 648 375 jason.stalgis@ccfn.com.au

2/110-112TerralongSt p42322888

GERRINGONG 119FernSt p42341911

SHOALHAVENHEADS

1/131ShoalhavenHeadsRd p44488344

FOLLOW US

@COASTANDCOUNTRYFN

@COASTANDCOUNTRYFN

Statists sourced via: Corelogic/realestate.com.au

COASTANDCOUNTRYFN.COM.AU

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MARKET STATISTICS

A summary for the region 9

RECENT PROPERTY SALES

Our sales for July to September 2024

PROPERTIES FOR SALE

Our current listings as at 1st October 2024 31 COMMERCIAL REAL ESTATE

What's been happening in the last quarter 25 PROPERTY MANAGEMENT

33

37

What's been happening in the last quarter

COAST & COUNTRY HOLIDAYS

A selection of our holiday properties

LOCAL COMMUNITIES

Community involvement and sponsorship

Spring is here, and with it comes one of the busiest times of the year for real estate transactions.

From our Principals

C O A S T & C O U N T R Y

Shellharbour for $3,100,000.

69A Girrawheen Avenue, Kiama selling after only 7 days on the market for $1,385,000 by Abbey Murphy and Sam Lathbury. Ryan Stalgis and Angie Ritchie achieved a great result for 36c Willawa Avenue, Gerringong of $1,920,000 3 Coal Street, Gerringong sold at Auction by Jason Stalgis and Nana Coburn for a fantastic $1,750,000

This spring is showing signs of an improving market, with increased buyer activity and attendance at open homes Many are eager to settle into their new homes before Christmas, making now the ideal time to explore property options With buyer interest on the rise, we’re optimistic about the upcoming months If you’re considering a move, this is the perfect time to start your property search!

In the last quarter we have seen 45 new listings and 26 sale results across our three offices, continuing the trend of fantastic results by all of our team.

Stand out sales of the past quarter include; Aimee Longbottom negotiating 59 Boollwarroo Parade,

We still have plenty of amazing properties on the market today, and we would love to help you find your dream property

Our experienced and proactive property management team are unrivalled at establishing and maintaining positive relations with landlords and tenants. Leasing out your investment property can be daunting, but with the right property manager, the process can be a smooth and prosperous one.

At Coast & Country holidays our range of beautiful holiday homes are booking out for the busy school holiday period ahead! Our team manage a fantastic portfolio across our local area, and strive to take the stress out of holiday letting your home

Whether you’re looking to buy, sell, or simply explore your options, we’re here to provide guidance and sound advice Now is the ideal moment to discuss your property goals with us, so contact us today!

We hope you enjoy this update, and hope it inspires you to make your next property decision with us.

Region Results - Houses

Median house price last 12 months

Kiama

Kiama Downs

Kiama Heights

Gerringong

Gerroa

Werri Beach

Jamberoo

Shoalhaven Heads

$1,778,000

$1,416,000

$1,490,000

$1,552,000

$2,369,000

$2,333,000

$1,284,500

$1,174,000

Average days on market: Houses

Jamberoo 83

KiamaDowns 45

KiamaHgts 80

Kiama 63

ShoalhavenHds 96

Gerringong 58

Gerroa 117

Source:Corelogicandrealestate.com.au

Sold last 12 months: Houses

Gerroa 21

ShoalhavenHds 51

92

Jamberoo 14

61

KiamaHeights 20

48

Kiama
Gerringong
KiamaDowns

Region Results - Units

Median unit price last 12 months

$980,000

$1,021,000

$591,000

$574,813

Average days on market: Units Sold last 12 months: Units

47

62

23

Kiama
Gerringong
Shoalhaven Hds
Kiama 83
ShoalhavenHeads
Gerringong 15
Gerringong 68
ShoalhavenHds
Kiama

Our Properties For Sale

First National Coast & Country is the longest-serving real estate team in the area. Having operated throughout Kiama, Gerringong and Shoalhaven Heads for 30 years, we are proud to offer the largest and most experienced real estate group of professionals, working hard to provide you with the best service and local knowledge. Over the next twelve pages, we have showcased our latest properties for sale. Whilst this is up to date at the time of publication, our listings are forever changing. Contact us today to enquire about our latest and upcoming properties for sale.

3/12 Bland Street

KIAMA 2 2 1

$940,000 - $980,000 - Aimee Longbottom

2/120 Manning Street KIAMA 3 1 2

$1,299,000 - $1,360,000 - Aimee Longbottom

2/4 Burnett Avenue

GERRINGONG 3 2 1

$940,000 - $970,000 - Terry Digger & Nana Coburn

7/133 Belinda Street

GERRINGONG 3 2 2

$1,300,000 - Sam Lathbury & Abbey Muphy

New to Market - Nana Coburn & Jason Stalgis 1/133 Belinda Street

3 2 2 New to Market - Nana Coburn & Jason Stalgis

Agent - Ryan Stalgis & Angie Ritchie 2 Surfleet Place KIAMA 3 2 2

4/18 Hothersal Street KIAMA 1 1 1

$440,000 - $480,000 - Abbey Murphy 9 Tanner Place KIAMA 748 sqm Contact Agent - Abbey Murphy & Terry Digger 21A Hothersal Street

$3,750,000 - Jason Stalgis & Nana Coburn

65 Crooked River Road

5 3 2

$1,920,000 - &2,080,000 - Ryan Stalgis & Angie Ritchie 59 Burke Parade

Wagin Street

HEADS 3 3 1

$1,225,000 - $1,285,000 - Jason Stalgis & Lilli Williams

HEIGHTS 3 1 1

$700,000 - $750,000 - Sam Lathbury

3 2 1 Contact Agent - Ryan Stalgis & Angie Ritchie

The Bastion

$600,000 - $650,000 - Abbey Murphy & Terry Digger

$1,950,000 - $2,050,000 - Jason Stalgis & Nana Coburn

JASON STALGIS

Principal/Sales

TERRY DIGGER

Principal/Sales

CLAIRE NUNN

Sales Agent

ANDY WHARTON

Sales Agent

JOE DIGNAM

Sales Agent

RYAN STALGIS

Sales Agent

ANGIE RITCHIE

Sales Agent

AIMEE LONGBOTTOM

Sales Agent

NANA COBURN

Sales Agent

Sales Team

AVID ALL

Sales Agent

SAM LATHBURY

Sales Agent

LILLI WILLIAMS

Sales Agent

ABBEY MURPHY

Sales Agent

DENI CLARKE

Sales Associate

ASHLEIGH HOPTMAN

Sales Associate

A word from our clients...

HIGHLY RECOMMEND

7 Illoura Place, Gerringong C & Y Franks - Purchaser Jason Stalgis

Jason is easy to talk with and has great local knowledge We highly recommend Jason and his team at First National when you need a good honest agent Jason never pressured us to make an offer and was always accessible to answer all our questions. Jason has guided us smoothly through the buying of our next home.

GREAT COMMUNICATOR

4 Marks Street, Kiama G Rice - Vendor Terry Digger

Terry was a great communicator during the selling process, keeping us up to date on a regular basis with potential buyer enquiries and feedback.Terry took the stress out of the selling process through his approach, making you feel comfortable during all discussions

23 Blackwood Street, Gerringong K Hancock - Vendor Joe Dignam

EXCELLENT COMMUNICATOR

Joe provided up to date information on the value of the property enabling us to set a realistic value This resulted in many buyers showing genuine interest and offers Joe kept us informed on a regular basis and this provided us with excellent feedback I would definitely recommend Joe to any prospective vendor.

VERY PROFESSIONAL

158 Hockeys Lane, Cambewarra M Jirgens - Vendor Claire Nunn

Claire was an absolute delight to work with and made the whole process of selling our family home as easy as it could be Claire was our second agent and was incredibly proactive, diligent in following up potential buyers She and Aimee were very professional and courteous in all aspects of their work. I could not recommend them highly enough to other sellers!

WONDERFUL RESULT

24 Sandy Wha Road, Gerringong R Spurrs - Vendor Ryan Stalgis

With a long-standing relationship with Ryan Stalgis of First National, Coast & Country, we did not hesitate to enlist him for the sale of our property Throughout the entire process Ryan was extremely patient, professional, and demonstrated his exceptional expertise of the area and market Ryan is a fantastic communicator and most importantly a genuine person. Ryan well and truly made the entire experience an easy one

ANGIE WAS BRILLIANT

G05/141 Belinda Street, Gerringong R Shrestha - Vendor Angie Ritchie

Angie's professionalism, dedication, and expertise were evident from the start, she demonstrated a deep understanding of the market, providing valuable insights and guidance throughout the process Her proactive approach ensured a smooth and timely sale Highly recommended for anyone looking to sell their property with confidence.

Our Sales Team Putting You First

VERY HAPPY VENDOR

9/3 O’Keefe Place, Kiama A Keating - Vendor Andy Wharton

This was my second transaction with Andy Wharton and it was as professional and pleasant as the first Both were executed with ease Andy listened and understood my needs and equally appreciated what his purchasers required His style makes doing business with him a pleasure He has very good knowledge of his market.

AIMEE'S WORK IS EXCEPTIONAL

15 National Avenue, Shell Cove M Pickard - Purchaser Aimee Longbottom

From the first open home right through to the minute I got the keys to the house Aimee was with me every step of the way Nothing was too big or too small with any request or enquiries and was always going above and beyond to help in anyway She impressed them so much with her professionalism and manner that they secured her to sell their property.

SAM WENT ABOVE AND BEYOND

5/17 Saddleback Mountain Road, Kiama S Brown - Vendor Sam Lathbury

Sam’s politeness, quiet confidence and competence is what attracted us to choose him as our agent Sam went above and beyond to ensure our property was presented well for every open home. All of the First National team who do the behind the scenes work were extremely professional and helpful too, They kept us informed and ensured everything went smoothly leading up to settlement

HELPFUL AND FRIENDLY

5/41-45 Renown Avenue, Shoalhaven Heads H Saunders - Vendor Lilli

Selling your home and moving on can be a very harrowing experience. Lilli and Jason have been able to ease the way for me. They have been helpful and friendly all the way for me by answering all my questions calmly and politely. I would be very happy to recommend First National Coast & Country – Shoalhaven Heads to anyone

EXCEPTIONALLY PROFESSIONAL

44 Burnett Avenue, Gerringong P McLeoad - Vendor Nana Coburn

We found Nana to be exceptionally professional; she was attentive to our needs and expectations She exceeded our expectations in assisting us to present our home for sale. She consistently kept us informed about open houses and prospective buyers. We would strongly recommend Nana to anyone considering buying or selling their home

POLITE, FRIENDLY AND VERY HELPFUL

69A Girrawheen Avenue, Kiama K Dummett - Purchaser

We met Abbey several times at different house openings. She was always polite, friendly and very helpful Perhaps the best thing was that she was not pushy She politely asked if we had any questions; asked what type of house we were looking for Finally we attended an inspection hosted by Abbey, the house ticked almost all of our boxes, so we committed to buy.

Region ResultsRental Properties

Rental Market Update

We have seen another rise in demand for rental properties for locals and people looking to move into the region as well as owners moving back into their rental properties due to the soaring costs of maintaining an investment property. Affordability has become difficult for some local residents with rental prices fluctuating, driven by various factors. Affordable housing is at crisis level, while larger executive housing, on the higher end of the market, sometimes taking a little longer to lease due to the cost of living.

Gerringong
Belvedere Street, Kiama

Achieving Top Rental Results

3 MERMAID PLACE GERRINGONG

$820 PER WEEK Leased from first Open Home Great Result

32 PACIFIC AVENUE, WERRI BEACH

$1,000 PER WEEK

Market

5 AUSTIN AVENUE, MINNAMURRA

$950

5 SADDLEBACK MTN RD, KIAMA

$580 PER WEEK

Off Market Great Result

66A GRETA STREET, GERRINGONG

$750 PER WEEK

7 BLACKWOOD STREET, GERRINGONG

$820 PER WEEK

Great Result

3/3 O’KEEFE PLACE, KIAMA

$550 PER WEEK

Great Result

111A RIVERSIDE DRIVE, KIAMA DOWNS

$950 PER WEEK

A word from our clients...

Professionalism and Commitment by Anne-Marie

We have recently engaged the services of Anne-Marie Fishburn at to manage our investment property. If only we had done so sooner! Working with Anne-Marie has relieved a lot of stress, anxiety and brought comfort in knowing that the investment property is being looked after. It is not only Anne-Marie's professionalism and commitment in delivering what she says, but also her friendliness and understanding of your needs.

Went Above and Beyond

Deb helped with a smooth move in and easy transition ensuring the property was at a high standard prior to my move in. Deb was flexible with my requirements and understanding of my needs. Looking forward to continuing my tenancy through First National Coast and Country Gerringong

Highly recommend Lorraine!

Lorraine has demonstrated professionalism, dedication, and a deep understanding of the real estate market. She quickly addresses any maintenance issues, ensuring the property remains in excellent condition. Lorraine consistently communicates effectively, keeping us informed about all relevant matters and providing valuable advice when needed. Moreover, she has successfully found reliable tenants who respect the property.

Tricia Murdoch is the best Property Manager!

Tricia Murdoch is the best Property Manager we have experienced. Her care and attention for our property, her constant and timely communication, and her patience with all our questions, all add together to make our relationship with Tricia a very positive experience.

Vandre is brilliant!

Vandre has been my managing agent for well over 6 months. She had to take over management of a very difficult tenant. Vandre did a brilliant job navigating issues that arose, going way beyond the call of duty to avoid problems for us the landlords. I have no hesitation in recommending Vandre as a most professional property manager who is committed and extremely reliable. Vandre is also able to provide my personal phone number should a verbal reference be required.

Property Management Team

Property Manager

Property Manager

Property Manager

Property Manager

Commercial Property Manager

TREENA ALLEN
LORRAINE SHAW
VANDRE ELITH
DEB PETERS
ANNE-MARIE FISHBURN
Property Manager
TRICIA MURDOCH

Treena Allen

Your designated Commercial Manager

For more than 30 years First National Commercial has stood as a pillar in the local real estate market, recognised by our expertise and firm commitment to the community we serve. Treena’s wealth of experience in property, finance, asset management along with a sharp business acumen allows her to effortlessly navigate the complexities of every aspect of your commercial real estate journey

The combination of expertise, investor connections, the local community network and national resources will ensure that your commercial real estate ambitions become a reality Let us partner with you, combining local insights, national strength for an unparalleled experience with optimum results.

Reach out to us today and discover how Treena and the First National Commercial team can help you succeed in the commercial real estate market.

FORLEASE FORLEASE

Shop 17/ Centrepoint Arcade, Kiama

Building Size: 125 sqm

$3,500 + GST pm - Treena Allen

5/70 Princes Highway, Yallah

Building Size: 55.89 sqm

$1,960 + GST pm - Treena Allen

FORLEASE FORLEASE

Building Size: 300 sqm

$16,000 + GST pm - Treena Allen

Building Size: 90 sqm

$4,000 + GST pm - Treena Allen

2/2 Minnamurra Street, Kiama
Rooms at 8/65 Manning Street, Kiama

Discover the perfect place to stay with a Coast & Country holiday home.

Boutique and luxury holiday homes in the Kiama, Gerringong, Gerroa, Shoalhaven Heads and beyond. Our portfolio includes an extensive range of beachside homes, hinterland retreats, pet and familyfriendly accommodation and more.

Holiday Property Management Team

HolidayProperty Officer NICOLE STEPHENS

HolidayProperty Officer ROCHELLE KERR

Looking for a Holiday Property Manager? Coast & Country Holidays has you covered

We specialise in managing boutique and luxury holiday homes along the stunning South Coast. With our trusted and experienced team, homeowners can relax, knowing their property is in expert hands. We’re dedicated to maintaining your home to the highest standards while ensuring a profitable and stress-free letting experience.

A word from our clients...

“Great Location”

A very large a comfortable place, and a great location with awesome views. A bit on the expensive side, but worth it in the end.

- Cool View

"Surf Beach House"

Great house, great location. Amazing host and agent to deal with. Overall, well worth the money and had a great weekend.

-Surf Beach House

"Comfortable and Clean"

My recent stay at the "shack" on absolute beachfront in Gerroa was an overall pleasant experience The location, without a doubt, is the highlight of this cottage It's perched right on the beachfront, offering stunning ocean views that are truly unbeatable The cottage, as described in the advertisement, is well appointed and provides the basics you need for a comfortable stay. While it may not be a luxury retreat, it is cozy and has a rustic charm that suits the coastal setting

-Absolute Beachfront

"Breathtaking View"

The view speaks for itself and is even more magical than the photos. Bedrooms all comfy and air con definitely welcomed downstairs.

-Wind Dancer

"Great Place"

The place is great - nicer in person than the photos. Only feedback = it would have been nice to have some dish washing cloths and a few more tea towels. A+++ Lovely home. Great location. Much nicer than the pictures show even. Easy check in. Would stay again.

-Werri Escape

Proudly sponsoring our Community

Supporting the growth and well-being of our community is a core value for our organisation. That’s why we continue to partner with local groups, especially those dedicated to promoting health and wellness for our residents.

Our team are proud to sponsor the Kiama Golf Club. This quarter, our sales agents, helped with the Kiama Golf Tournament. Engaging with local community members and visitors is something our team values, and everyone had a fantastic time!

We also sponsor the Kiama Central Netball Club, our sales agent Abbey Murphy is a dedicated committee member and player in their Senior Division 1 team who made it to the Grand Final! Their hard work, dedication, and commitment to the sport has been inspiring, and we look forward to supporting their continued success on and off the court.

Our sales agent, Abbey Murphy, also sponsored Emma Doyle from Kiama Power AFL, who has had an outstanding season.

Agent Sam Lathbury assisting at a Kiama Golf Tournament

OUR CURRENT SPONSORSHIPS

KIAMA SHOW SOCIETY

SHOALHAVEN HEADS GOLF CLUB

GERRINGONG JUNIOR LIONS

ILLAWARRA FOLK CLUB

SURF LIFE MUSIC FESTIVAL

GERRINGONG LIONS

KIAMA GOLF CLUB

KIAMA CENTRAL NETBALL

GERRINGONG DISTRICT ALL SPORTS

GERRINGONG GOLF CLUB

GERRINGONG MUSIC CLUB

GERRINGONG JUNIOR LEAGUE

KIAMA AFL

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Market Review Booklet - October Issue by First National Coast & Country - Issuu