Cameron Nicholls - EOFY 2021 Report

Cameron Nicholls Market Report End of Financial Year 2021

A message from Cameron Nicholls Most Sydney suburbs have seen significant growth despite the continued COVID cloud hanging over our heads. It has been an absolute pleasure to be involved in the process of people buying and selling real estate and to see the joy it brings individuals and families amidst a time of such uncertainty.

On the whole, the team at Nicholls & Co has performed exceptionally well this past financial year with some outstanding results. In the past financial year we have operated in 15 suburbs, truly showcasing our exceptional ability in marketing.

As the financial year came to a close, we saw strong and steady Auction clearance rates across the board in Sydney, consistently sitting in the mid to high 80% range.

However, not surprisingly, Auction clearance rates for our core area of the Inner West region of Sydney consistently remained one of the highest clearance rates week in week out. There is a great attraction to the area with properties selling faster than ever before.

Business talk aside, my wife and I welcomed our second daughter into the world in November 2020, Lily James, which was by far the highlight. My work family also grew with the addition of Arthur Syrios and Tanvi Karavadra. Arthur has exceptional talent in the sales space and Tanvi is applying her superior skills in marketing by steering the ship with all of our digital and creative work.

On April 15th I co-hosted a charity golf day for MS Australia at Concord Golf Club that saw the likes of Kerrie-Anne Kennelly, Peter Sterling and Mitchell Moses to name just a few attend and what a fantastic day that was. I am hoping we will be able to go around again in 2022.

That’s it from me. I sincerely hope you enjoy a glance at the year that was for Nicholls & Co. Warm Regards, Cameron Nicholls PRINCIPAL 02 9713 7433 0421 733 118 cameron@nichollsandco.com.au

Top 10 Nicholls & Co Sales Address 690 Victoria Road, Ryde

60 Admiralty Drive, Breakfast Point

19 Excelsior Street, Concord

52/41 Phillips Street,

Property Type Bed Bath Car

Size

Sale Date

Sale Price

Block of Units

11

10

7

272sqm

Jun 21

$4,100,000

Semi/Duplex

4

2

2

284sqm

July 20

$2,500,000

House

5

2

1

437sqm

Feb 21

$2,500,000

Apartment

4

2

2

163sqm

July 20

$2,150,000

House

3

1

1

474sqm

Apr 21

$1,840,000

House

3

1

1

613sqm

Jun 21

$1,700,000

House

3

2

2

695sqm

Mar 21

$1,530,000

Apartment

2

2

2

136sqm

Aug 20

$1,525,000

Apartment

2

2

2

104sqm

Feb 21

$1,400,000

Apartment

3

2

2

158sqm

Oct 20

$1,240,000

Apartment

2

2

1

118sqm

Jun 21

$1,200,000

Cabarita

5 Clayton Street, Ryde

21 Conrad Street, North Ryde

76 John Street, Lidcombe

12/53 Peninsula Drive, Breakfast Point

410/10-16 Vineyard Way, Breakfast Point

202/6 Fairwater Close, Breakfast Point

22/17 Orchards Avenue, Breakfast Point

10

4

7

690 Victoria Road, Ryde

5

2

1

3

1

2

2

2

2

12/53 Peninsula Dr, Breakfast Point

76 John St, Lidcombe

2

2

202/6 Fairwater Close, Breakfast Point

2

2

2

410/10-16 Vineyard Way, Breakfast Point

0 0 0, 0 0 2, 1$

0 0 0, 0 4 2, 1$ 3

1

0 0 0, 0 0 4, 1$

00 0, 5 2 5, 1$

2

1

21 Conrad St, North Ryde

5 Clayton St, Ryde

0 0 0, 0 3 5, 1$ 2

1

0 0 0, 0 0 7, 1$

3

2

2

19 Excelsior St, Concord

00 0, 0 4 8, 1$

2

52/41 Phillips St, Cabarita

3

2

60 Admiralty Dr, Breakfast Point

00 0, 0 5 1,2 $ 4

00 0 ,0 0 5 ,2 $

00 0 ,0 0 5 ,2 $

00 0, 0 0 1,4 $ 11

2

1

22/17 Orchards Avenue, Breakfast Point

Sydney Property Market during the COVID-19 Pandemic - Statistics Since Stage 4 lockdowns were eased last year Sydney house prices grew the fastest of all our capital cities at 15.7%.

Sydney properties increased 0.6% over the lockdown from June 2021, up 2.3% over the month to July and 15.1% this year alone.

Sydney property values have only recently exceeded their previous 2017 peak levels.

Sydney dwelling values are up by 15.0% in the past year.

Sydney Median House Price FY 2001 $325,000

FY 2011

$595,000 FY 2021

$1,410,133

Inner West Suburbs with the Largest Price Growth Strathfield

Chiswick

Cabarita

Drummoyne

Balmain

Abbotsford

Rhodes

Five Dock

Burwood

Glebe

$0

$1,000,000

$2,000,000

$3,000,000

$4,000,000

Top 10 Suburbs Suburb

Median Sale Price

No. of Sales

Top Sale Price

Suburb

Median Sale Price

No. of Top Sale Sales Price

Strathfield

$3,115,332

192

$6,500,000

Abbotsford

$2,536,668

30

$7,400,000

Chiswick

$2,943,753

9

$8,000,000

Rhodes

$2,404,150

7

$6,900,000

Cabarita

$2,852,176

20

$8,275,000

Five Dock

$2,261,656

81

$5,100,000

Drummoyne $2,623,380

69

$8,550,000

Burwood

$2,196,107

56

$6,600,000

Balmain

143

$11,000,00 0

Glebe

$2,111,260

87

$6,620,000

$2,571,366

Case Studies

690 Victoria Road, Ryde

19 Excelsior Street, Concord

11

4

10

7

2

2

THE AIM

THE AIM

The aim of this campaign was to roll out a comprehensive marketing campaign to maximise the return and attract prospective buyers for this block of units.

According to the data this aim was achieved.

The objective of this campaign was to develop a strategic marketing plan to attract as many potential buyers and investors as possible. This goal was met, having sold the house at an outstanding price.

DIGITAL

DIGITAL

realestate.com.au- premiere; audience

realestate.com.au- premiere; audience

maximiser 30,000 impressions

maximiser 30,000 impressions

domain.com.au - Platinum

domain.com.au - Platinum

10 images

13 images

STATS

STATS

Buyers engaged

52

Buyers engaged

252

Enquiries

48

Enquiries

161

Viewers Sold prior to auction

4

Viewers Sold at auction

91

Case Studies

52/41 Phillips Street, Cabarita

12/53 Peninsula Drive, Breakfast Point

4

2

2

2

2

2

THE AIM

THE AIM

This campaign had an aim to encourage and attract prospective buyers, whilst building relationships with these to eventually increase the opportunity for a sale.

The objective of this campaign was to create a marketing plan that would set this listing apart from other competing properties on the market, located within Breakfast Point.

DIGITAL

DIGITAL

realestate.com.au- premiere; audience

realestate.com.au- premiere; audience

maximiser 30,000 impressions

maximiser 30,000 impressions

domain.com.au - Platinum

domain.com.au - Platinum

16 images

14 images

STATS

STATS

Buyers engaged

42

Buyers engaged

76

Enquiries

18

Enquiries

44

Viewers

24

Viewers

32

Sold prior to auction

Sold through private treaty

Testimonials "We have been extremely happy with Cameron Nicholls and staff. We were wanting to downsize and we found Cameron very very helpful. We were nervous as we had lived in our house for over 40years. Cameron kept us informed every step of way and we are most grateful to him for making things run smoothly" - Vendor

"The process of buying a home is always a significant milestone in anyone’s life. While parts of the overall process can be quite stressful, Cameron was always quick to accomodate our requests to appease any of our worries accordingly. At times even going beyond the call of duty to empathically help us on certain matters. Cameron’s willingness to help nature was an ideal interaction we expected and we received during our overall experience" - Buyer

"We recently bought through Cameron and his team and we would highly recommend him. Throughout our interactions with Cameron, he was always easy to reach, transparent and communicated clearly and honestly with us. He was extremely helpful with the whole process and we would happily recommend him and his team" - Buyer

"Cameron has great communication skills and kept us updated with all viewings. He is very personable and accomodating and had our best interests at heart. He has a great knowledge of the property market. I would highly recommend Cameron for anyone wishing to sell their property" - Vendor

"Good agent with great knowledge of the area. And a good list of local buyers. Always professional and pleasure to deal with. Good communication skills" - Vendor

Thank You The team at Nicholls & Co would like to extend a heartfelt thank you to the local community and all our clients for your continued support. Nicholls & Co is the only real estate office located within Abbotsford and we strive to deliver you a service like no other.

We are extremely passionate about our beautiful bayside suburb and surrounding Inner West suburbs, as well as the community. We also believe it is imperative to work with an agent who truly knows and loves the area in which they are servicing. Therein lies our solemn promise to you.

Thank you for your time. We truly hope you have enjoyed this report and that it is of informative value to you.

CAMERON NICHOLLS Director/Principal

ARTHUR SYRIOS Associate

TANVI KARAVADRA Sales & Marketing

cameron@nichollsandco.com.au 0421 733 118

arthur@nichollsandco.com.au

tanvi@nichollsandco.com.au

0423 361 864

JAS KHURANA Property Manager

LISA MILNER Accounts

jas@nichollsandco.com.au

accounts@nichollsandco.com.au

Personalised Not Franchised

Get In Touch

1/569 Great North Road, Abbotsford, NSW 2046 02 97137433