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LOCATION

Camden Haven’s Premier Property Market Report

Shop 2, 621 Ocean Drive, North Haven NSW 2443 T 02 6559 7007 E admin@northhavenfn.com.au F 02 6559 7277 W northhavenfn.com.au FirstNationalRealEstateNorthHaven

North Haven Your Company


Sales by First National North Haven

1 May 2013 to 31 October 2013 SALE DATE

SALE PRICE

Land Land Land Land House House Land House Land

PROPERTY SPECIFICATIONS LAND m2 Bed Bath Car 648m2 459m2 721m2 500m2 4 2 2 4 2 2 528m2 4 2 2 488m2

07/05/13 15/05/13 22/05/13 31/05/13 01/06/13 20/06/13 26/08/13 01/09/13 08/10/13

$180,000 $167,000 $204,000 $175,000 $430,000 $400,000 $188,000 $542,500 $183,000

House House House House House

4 3 4 3 4

2 1 2 2 2

2 1 2 2 5

20/05/13 15/06/13 02/07/13 11/07/13 25/07/13

$497,000 $595,000 $490,000 $450,000 $650,000

LAKEWOOD

5 Cook Cl 42 Sirius Dr 6 Phillip Cl

House House House

3 3 3

2 1 1

1 1 2

04/07/13 02/10/13 08/10/13

$305,000 $359,000 $285,000

LAURIETON

13 Investigator Way 93 Flinders Dr 15 Investigator Way 11 Investigator Way 23A Lake St 53 Flinders Dr 3 Quarry Way 1/10 McLennan St 100 Norman St

Land Land House Land House Land House Villa House

$160,000 $215,000 $467,000 $197,500 $397,000 $255,000 $465,000 $410,000 $415,000

NORTH HAVEN

27 The Parade 41 Murson Cres 545C Ocean Dr 2/24 Edith St 11/63 The Parade 1/20 Murson Cres 511 Ocean Dr 522 Ocean Dr 37 Alfred St 42 The Parade 2/615 Ocean Dr

WEST HAVEN

19 Waterview Cres 8 St Albans Way 69 Koonwarra St 13 Pelican Crt

LOCATION

BONNY HILLS

7 Greenhills Rd Lot 5 Hungerford Pl Lot 9 Hungerford Pl Lot 4 Hungerford Pl 9 Northwind Cres 19 Seaview St Lot 8 Hungerford Pl 42 Sinclair Dr Lot 7 Hungerford Pl

3 Hope Cl 184 Camden Head Rd DUNBOGAN/ 16 Alexander Cl CAMDEN HEAD 2 Tallarook Cl Lot 2 Longworth Rd

PROPERTY TYPE

610m2 608m2 4 3 3

2 2 2

2 1 2

5 2 3

2 2 3

3 1 3

13/05/13 11/06/13 08/07/13 25/07/13 15/08/13 16/09/13 18/09/13 01/10/13 01/10/13

House House House House Unit House House House House House Unit

1 3 3 3 2 2 2 3 8 3 2

1 1 2 1 2 1 2 2 3 1 2

1 2 5 2 2 1 4 1 3 5 2

26/06/13 09/07/13 09/07/13 15/07/13 01/08/13 26/08/13 01/09/13 23/09/13 01/10/13 07/10/13 29/10/13

$395,000 $397,000 $445,000 $332,300 $415,000 $290,000 $330,000 $345,000 $370,000 $550,000 $510,000

House House House House

3 3 3 3

2 2 1 2

2 2 2 2

20/05/13 03/06/13 04/07/13 01/10/13

$335,000 $385,000 $360,000 $402,000

1068m2


Welcome to the 2nd edition of The Camden Haven’s Premier Property Market Report. Over the six months (May 2013-October 2013) we have seen the Camden Haven shift from a buyers’ market to favouring the seller. When the National Australia Bank released its third quarter Australian Residential Property Survey, it confirmed what many would deem self-evident – that demand for both new and established properties has lifted nationwide. Confidence in regional housing markets strengthened, encouraging metro homeowners contemplating lifestyle and ‘tree changes’ that conditions are prime to maximise their sale and to finally make that big move. Sydney and Melbourne property markets typically influence national sentiment so it’s no surprise regional markets are benefitting. Both have seen the second largest gains in sentiment since the NAB survey began. As baby boomers begin their ascent into retirement, many are buying their future retirement home now, investing for the short term on the rental market until they’re ready to down tools and cash in their super. The latest RP Data – Nine Rewards Market Sentiment Report shows 3 out of 4 respondents in regional NSW feel now is a good time to buy. In winter 2013, the Camden Haven market saw more residential sales than any other winter that I can remember. An interesting statistic from our office sales for 2013 is that local buyers have been very strong in the market with 43% of our buyers living within a 30 kilometre radius of the Camden Haven area. Sydney

Stewart O’Brien Principal/Licensee

buyers made up 21% while interstate buyers rounded out our top 3 with 18.5%. As I look into my crystal ball, I see only positive signs ahead for 2014. So, if you are thinking of moving in the next 6-12 months, please give us a call and we’ll show you how the team at First National North Haven can make a difference.

All comparative data for Location has been sourced from RP Data. It includes residential property sales in the Camden Haven Region encompassing Bonny Hills, North Haven, Laurieton, Dunbogan, Camden Head, West Haven and Lakewood.

First National North Haven

LOCATION PROFILE 1 May 2013—31 October 2013 Average $ SOLD Location Bonny Hills Dunbogan/ Camden Head Lakewood Laurieton North Haven West Haven

House

Land

Market leaders in the Camden Haven real estate market In the six month period from 1 May 2013 to 31 October 2013, total residential sales for the Camden Haven region was up 7% compared to the previous six month period (1 November 2012 to 30 April 2013) as reported in our 1st Edition of Location. The average residential sale price for the region was $380,363 compared to the previous 6 month period (1 November 2012 to 30 April 2013) of $370,120 – an increase of 3%. House sales made up 85% of total sales followed by land sales at 8% and units, villas and townhouses combined at 7%. First National North Haven is the market leader when it comes to selling your property in the Camden Haven, having sold 30% of the region’s residential properties in the 6 months from May to October 2013 and having the enviable position of being 47% ahead of our closest competitor on total residential sales.

Unit/Villa/ Townhouse

As the number of homes on the market decreases and buyer demand increases, our office has found that the average days on market for residential homes has almost halved. In 2014 we expect the average days on market for a well priced home to be less than 30 days. The chart toppers for the six month period by location were:

$472,800

$185,800

nil

$634,357

$188,750

$267,500

$377,358 $363,033 $340,805 $422,656

nil $201,250 nil $355,000

nil $306,583 $326,250 nil

Bonny Hills, 7 Honeysuckle Ave—$750,000 Camden Head, 184 Camden Head Rd—$595,000 Dunbogan, Iluka Way—$1,075,000 Lakewood, 3 Crows Nest Close—$590,000 Laurieton, 33 Bold Street—$470,000 North Haven, 42 The Parade—$550,000 West Haven, 9 Seltin Glen—$822,000


“We would like to pass on our sincerest thanks for the service you have provided throughout the sale of our house in Bonny Hills. It is refreshing and reassuring to be dealing with an agent that values the importance of communication and service. This is now the third time our family has used you personally in the sale of our properties and we would have no hesitation in recommending you to any prospective vendor.Thanks again for your hard work and dedication.” Troy & Elissa Baker (Sep 2013)

“I would like to thank you for all your assistance you gave me with selling my home. We have lived in our home for the past 20 years and the thought of selling was quite daunting. Together with my son, we interviewed 4 agents and found that even though you were not the cheapest, you definitely turned out to be the best. Every step of the way was explained to me, sometimes by a phone call and a visit, right from the start. I always knew what was happening and your contact with me was second to none, even when you really had nothing to tell me! I was ecstatic with the result and it exceeded my expectations and some of the other agents we interviewed as well. You really went beyond the call of duty in helping me.Thank you once again from both myself and my family. They are all pleased that I can now move much closer to them in such a short time.” Elva Cousins (Oct 2013)

“... Although we are the purchasers and you are acting for the vendors, all our dealings with the First National team have been nothing but personable, helpful, professional, timely and straight forward and, as first time buyers, I can assure you we have been grateful not only for the help and advice we have received but for the friendly way it has been delivered.” Terry & Gaille Jessop (Apr 2013) “Just wanting to let you know how impressed we are with you finding tenants for our rental property. Everything was done so quickly from the advertising, open house and processing of applications and we are extremely grateful for this. Your phone calls regarding the applicants were very thorough and made the decision very easy for us. Thank you for your hard work and dedication. We are pleased with your services in managing our property. We were blown away with how quickly you responded to our needs. You have provided us with a high level of communication and follow up throughout the process. You have earned a flawless reputation by your amazing work ethic. We would recommend you to anyone without reservations. Thank you again for such a great service.” Jess & Kim Ciampa (May 2013)

people property passion ...we put you first At First National North Haven, we are passionate about people and their properties. There is more to selling and leasing property than one agent and a signboard! Our team live, work and play in the Camden Haven and, no doubt, you have met many of our talented crew face to face. Our team, those knocking on your door—Stewart, Ross, Paul, Susie, Shanna & Gayl as well as those behind the scenes—Nola, Cassie & Sherida work together to bring you the results that you will be delighted with. Our successes are due to the team’s values, their support for each other and the team’s consensus when finding that unique approach your property requires to market it for a successful SOLD. There are many steps behind the scenes that seamlessly happen by our talented team to ensure your property gets the attention it deserves. The preparation of your property is the door way to achieving a great price. Creating energy around a property is what attracts the best purchasers early. At First National North Haven we pride ourselves on our strategies and systems to get your property seen by the most qualified buyers on the market and ultimately SOLD. That’s why we’re the number one small office for both residential sales and combined highest number of settled sales in the First National Real Estate Australia wide network. In 2013 we sold 83 properties with 7 under contract. If you are thinking of selling or want to buy in the Camden Haven, please give the award winning team at First National North Haven a call FIRST and experience our difference! Stewart O’Brien M | 0409 707 441 Ross McKinnon M | 0402 578 676 Paul Pickering M | 0408 277 520 Susie Bell M | 0412 996 461

North Haven Your Company 02 6559 7007 northhavenfn.com.au

First National North Haven LOCATION 2nd Ed  

Camden Haven's Premier Property Market Report May 2013 to October 2013

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