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CMA_West Gosford

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Property Sales Report


Comparables Map: Sales

Š Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.


Comparable Sales 262 Brisbane Water Drive West Gosford NSW 2250 3

2

2

Sold Date 14-Dec-18 DOM 26 Distance 0.05km

613m2 Price Change First Listing Last Listing

2

1

Sold Date 06-Aug-18 DOM 99 Distance 0.05km

-6.2% $650,000 $600,000

613m2 Price Change First Listing Last Listing

2

2

Sold Date 26-Feb-19 DOM 23 Distance 0.16km

1

1

Sold Date 04-Dec-18 DOM 35 Distance 0.38km

0.4% $695,000 $695,000

1

1

Sold Date 09-Nov-18 DOM 9 Distance 0.44km

DOM = Days on market

RS

= Recent sale

1,644m2 Price Change First Listing Last Listing

2

$698,000

Year Built 3

Sold Price

$450,000

105m2 7.1% $420,000 $420,000

1/9 Corumbene Close West Gosford NSW 2250 3

$580,000

-

493m2 Price Change First Listing Last Listing

Year Built 1979

Sold Price

6 Ferguson Close West Gosford NSW 2250 3

1

Sold Price

-8.7% $635,000 $585,000

809m2 Price Change First Listing Last Listing

Year Built -

159m2

19 Uratta Street West Gosford NSW 2250 4

$610,000

-

264 Brisbane Water Drive West Gosford NSW 2250 4

Sold Price

Year Built 1980 4

Sold Price

$438,000

109m2 -0.5% $440,000 $460,000

Year Built 1998

UN = Undisclosed Sale

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.

5


Comparable Sales 30/2 Adcock Avenue West Gosford NSW 2250 3

2

2

Sold Date 16-Sep-19 DOM 32 Distance 1.26km

5,986m2 Price Change First Listing Last Listing

Sold Price

1

2

Sold Date 20-Feb-19 DOM 20 Distance 1.48km

0% $580,000 $580,000

1,339m2 Price Change First Listing Last Listing

1

1

Sold Date 05-Jun-19 DOM 64 Distance 1.48km

-2.3% $410,000 $400,000

1

1

Sold Date 28-Aug-19 DOM 29 Distance 1.49km

-5.6% $410,000 $395,000

1

1

Sold Date 03-Aug-19 DOM 15 Distance 1.6km

DOM = Days on market

RS

= Recent sale

677m2 Price Change First Listing Last Listing

7

$387,000

Year Built 2004 8

Sold Price

$467,500

124m2 -7.4% $505,000 $472,500

16 Moore Street West Gosford NSW 2250 3

$400,500

90m2

242m2 Price Change First Listing Last Listing

Year Built 2004

Sold Price

4/24 Hely Street West Gosford NSW 2250 3

6

86m2

1,320m2 Price Change First Listing Last Listing

Year Built 2002

Sold Price

8/17 Hely Street West Gosford NSW 2250 2

$580,000

290m2

2/17 Hely Street West Gosford NSW 2250 2

Year Built 2001 9

Sold Price

$565,000

116m2 8.7% $520,000 $520,000

Year Built 1950

UN = Undisclosed Sale

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.

10


Comparable Sales 11/35 Central Coast Highway West Gosford NSW 2250 2

1

1

Sold Date 22-Nov-18 DOM 130 Distance 1.63km

Sold Price

116m2 Price Change First Listing Last Listing

1

1

Sold Date 31-May-19 DOM 75 Distance 1.63km

-9.3% $375,000 $340,000

2

1

Sold Date 02-May-19 DOM 192 Distance 1.66km

Price Change First Listing Last Listing

-7.7% $390,000 $340,000

1

1

Sold Date 15-Jul-19 DOM 104 Distance 1.66km

1,284m2 Price Change First Listing Last Listing

1

1

Sold Date 30-Sep-19 DOM 68 Distance 1.68km

DOM = Days on market

RS

= Recent sale

2,054m2 Price Change First Listing Last Listing

$360,000

Year Built 2002 12

$397,500

111m2 -11.7% $450,000 $390,000

Year Built 2005 13

Sold Price

$340,000

60m2 3% $330,000 $340,000

5/41 Donnison Street West West Gosford NSW 2250 3

Sold Price

8/31 Central Coast Highway West Gosford NSW 2250 2

11

63m2

17/13-15 Moore Street West Gosford NSW 2250 2

Year Built 2002

Sold Price

92m2 Price Change First Listing Last Listing

$340,000

59m2

5/35 Central Coast Highway West Gosford NSW 2250 2

Year Built 1998 14

Sold Price

$425,000

104m2 9% $390,000 -

Year Built 1989

UN = Undisclosed Sale

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.

15


Comparable Sales 11/29 Central Coast Highway West Gosford NSW 2250 3

2

1

Sold Date 14-Mar-19 DOM 136 Distance 1.69km

4,846m2 Price Change First Listing Last Listing

Sold Price

2

1

Sold Date 11-Dec-18 DOM 43 Distance 1.69km

4,846m2 Price Change First Listing Last Listing

-15% $500,000 -

2

1

Sold Date 01-Mar-19 DOM 17 Distance 1.7km

DOM = Days on market

RS

= Recent sale

4,115m2 Price Change First Listing Last Listing

Year Built 2000 16

Sold Price

$420,000

4,846m2 -2.3% $430,000 $410,000

19/43-45 Donnison Street West West Gosford NSW 2250 3

$425,000

94m2

3/29 Central Coast Highway West Gosford NSW 2250 2

Year Built 2000 17

Sold Price

$480,000

173m2 4.3% $460,000 $480,000

Year Built -

UN = Undisclosed Sale

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.

18


West Gosford Demographic Suburb Insights

1.3 k Population

-4% 5 years population change

8.3 years Average length of ownership

The size of West Gosford is approximately 5.3 square kilometres. It has 12 parks covering nearly 13.5% of total area. The population of West Gosford in 2011 was 1,393 people. By 2016 the population was 1,338 showing a population decline of 3.9% in the area during that time. The predominant age group in West Gosford is 50-59 years. Households in West Gosford are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in West Gosford work in a professional occupation. In 2011, 44.1% of the homes in West Gosford were owner-occupied compared with 43.5% in 2016. Currently the median sales price of houses in the area is $767,500. HOUSEHOLD STRUCTURE

HOUSEHOLD OCCUPANCY

HOUSEHOLD INCOME

AGE

TYPE

%

TYPE

%

TYPE

%

TYPE

%

Childless Couples

48.7

Owns Outright

27.0

0-15.6K

5.6

0-9

8.8

Couples with Children

26.3

Purchaser

16.5

15.6-33.8K

20.4

10-19

6.8

Single Parents

23.1

Renting

44.1

33.8-52K

19.5

20-29

12.4

Other

1.9

Other

7.5

52-78K

15.3

30-39

12.1

Not Stated

5.9

78-130K

19.0

40-49

9.8

130-182K

5.3

50-59

13.0

182K+

3.2

60-69

8.8

70-79

9.3

80-89

12.2

90-99

7.1

Š Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.


Local Schools

SCHOOL ADDRESS

DISTANCE

SCHOOL TYPE

GENDER

SECTOR

YEARS

Point Clare Public School

1.75km

Primary

Mixed

Government

0-6

1.75km

Combined

Mixed

Non-Government

0-12

1.84km

Secondary

Mixed

Government

7-12

2.03km

Special

Male

Government

0-0

2.03km

Secondary

Mixed

Government

7-12

1 Takari Avenue Point Clare NSW 2250 International Football and Tennis School 1A Central Coast Highway Kariong NSW 2250 Kariong Mountains High School 10 Festival Drive Kariong NSW 2250 Girrakool School 1A Central Coast Highway Kariong NSW 2250 Henry Kendall High School 22-48 Faunce Street West West Gosford NSW 2250 Property is within school catchment area

Property is outside school catchment area

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.


Recent Market Trends

PERIOD

PROPERTIES SOLD

MEDIAN PRICE

GROWTH

DAYS ON MARKET

LISTINGS

ASKING RENT

Jul 2019

2

$404,750

-2.4%

45

6

$390

Jun 2019

3

$414,500

-1.7%

40

6

$395

May 2019

2

$421,500

-1.3%

37

11

$390

Apr 2019

2

$427,000

-0.7%

35

12

$390

Mar 2019

4

$430,000

-1.8%

35

12

$390

Feb 2019

2

$438,000

-1.4%

33

14

$380

Jan 2019

-

$444,000

-3.5%

29

10

$390

Dec 2018

3

$460,000

0.0%

27

11

$392

Nov 2018

3

$460,000

0.0%

26

13

$400

Oct 2018

4

$460,000

0.0%

24

13

$400

Sep 2018

1

$460,000

-0.9%

16

12

$400

Aug 2018

-

$464,000

0.9%

18

11

$410

Sales by Price - 12 months (Unit) PRICE

NUMBER

<$200K

3

$200K-$400K

9

$400K-$600K

13

$600K-$800K

1

800K-1M

0

1M-2M

0

>2M

0

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.


Long Term Market Trends

PERIOD

PROPERTIES SOLD

MEDIAN PRICE

GROWTH

DAYS ON MARKET

LISTINGS

2019 2018

ASKING RENT

26

$404,750

-12.0%

45

30

$390

37

$460,000

9.8%

19

36

$400

2017

61

$419,000

10.7%

25

39

$390

2016

36

$378,500

-2.9%

15

42

$370

2015

64

$390,000

32.2%

43

58

$370

2014

33

$295,000

12.2%

12

30

$335

2013

32

$263,000

-2.0%

29

39

$330

2012

32

$268,500

-0.7%

54

42

$325

2011

28

$270,500

-0.6%

51

39

-

2010

35

$272,000

0.7%

81

27

-

2009

42

$270,000

8.9%

65

19

-

2008

37

$248,000

-17.3%

90

21

-

2007

25

$300,000

15.6%

-

14

-

2006

38

$259,500

-3.7%

54

14

-

2005

23

$269,500

-14.7%

-

12

-

2004

59

$316,000

31.8%

-

2

-

2003

54

$239,750

2.2%

-

3

-

2002

64

$234,500

17.3%

-

-

-

2001

12

$200,000

13.6%

-

-

-

2000

26

$176,000

5.4%

-

-

-

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.


Disclaimer

Contains property sales information provided under licence from the Land and Property Information (“LPI”). RP Data Pty Ltd trading as CoreLogic is authorised as a Property Sales Information provider by the LPI. The Appraisal Amount contained in the report may have been manually provided by the Agent; or may be based on an automated valuation model estimate provided by CoreLogic ('AVM Estimated Value'). AVM Estimated Values are current at the date of the publication only. It is computer generated and is not a professional appraisal of the subject property and should not be relied upon in lieu of appropriate professional advice. The accuracy of the methodology used to develop the AVM Estimated Value, the existence of the subject property, and the accuracy of the AVM Estimated Value and all rule sets provided are estimates based on available data and are not guaranteed or warranted. CoreLogic excludes all liability for any loss or damage arising in connection with the Appraisal Amount and/or AVM Estimated Value. Product Data licensed by CoreLogic under a Creative Commons Attribution licence. For details regarding licence, data source, copyright and disclaimers, see www.corelogic.com.au/aboutus/thirdpartyrestrictions.html All information relating to Schools provided by CoreLogic is as a courtesy only. CoreLogic does not make any representations regarding the accuracy or completeness of the data. You should contact the School directly to verify this information. Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.


Alan Bowler

“When we decided to sell we were drawn to the professional reputation that McGrath holds in the area.” Matthew Cartwright, Point Clare

Enthusiastic, highly organised and a possessing a wealth of experience, Alan Bowler is passionate about the area he lives and works in. Alan´s connection to the Greater Gosford area runs deep: his mother established a local real estate business, and Alan has inherited a passion for the area and its people from her. Alan began working in real estate at only 17, and this gives him an incredible insight into the local property market. After participating in over 1,500 property transactions and selling in excess of $400 million dollars worth of property, Alan can justifiably claim to have an unrivalled understanding of property in the Gosford area. Alan is the principal of McGrath Gosford, and he´s now in a position to pass his knowledge onto his team. He explains that "having worked in real estate since 1983, it has given me an insight into the important part you can play in helping people at every stage of their lives."

Alan Bowler alanbowler@mcgrath.com.au 0408 496 198


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