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CMA_Narara

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Property Sales Report


Comparables Map: Sales & Listings

Your Property

For Sale

Recently Sold

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


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 28 Reeves Street Narara NSW 2250 2

1

1

Sold Date 22-Aug-19 DOM 31 Distance 0.05km

Sold Price

662m2 Price Change First Listing Last Listing

1

2

Sold Date 17-May-19 DOM 123 Distance 0.12km

-5.1% $390,000 $390,000

1

1

Sold Date 22-Oct-19 DOM 34 Distance 0.19km

-1.5% $570,000 $520,000

551m2 Price Change First Listing Last Listing

2

4

Sold Date 06-Dec-18 DOM 207 Distance 0.23km

2

Sold Date 11-Oct-19 DOM 43 Distance 0.41km

DOM = Days on market

RS

= Recent sale

2

RS

$620,000

Year Built 1990 3

Sold Price

-

$872,500

Year Built 1989

$910,000

680m2 Price Change First Listing Last Listing

2

283m2

63 Coolawin Circle Narara NSW 2250 5

$561,500

Year Built -

Sold Price

6.9% $580,000 $580,000

1,513m2 Price Change First Listing Last Listing

146m2

50A Reeves Street Narara NSW 2250 4

1

-

5 Hollydeen Close Narara NSW 2250 3

Year Built 1970

Sold Price

574m2 Price Change First Listing Last Listing

$370,000

83m2

29 Reeves Street Narara NSW 2250 3

4

Sold Price

RS

$830,000

-

Year Built 2008

$820,000

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 71A Carrington Street Narara NSW 2250 5

2

2

Sold Date 03-Sep-19 DOM 548 Distance 0.41km

1,609m2 Price Change First Listing Last Listing

2

2

Sold Date 22-Jan-19 DOM 332 Distance 0.47km

-13.3% $980,000 $859,000

1,174m2 Price Change First Listing Last Listing

3

2

Sold Date 23-Feb-19 DOM 39 Distance 0.49km

631m2 Price Change First Listing Last Listing

2

2

Sold Date 05-Nov-19 DOM 37 Distance 0.51km

732m2 Price Change First Listing Last Listing

2

2

Sold Date 07-Jun-19 DOM 205 Distance 0.58km

DOM = Days on market

RS

= Recent sale

710m2 Price Change First Listing Last Listing

6

$680,000

Year Built 1992

$720,000

7

Sold Price

$815,000

-4.1% $850,000 -

Year Built 8

Sold Price

RS

$860,000

212m2 -2.3% $880,000 $880,000

92 Coolawin Circle Narara NSW 2250 5

Year Built 1992

Sold Price

-

1 Horsnell Close Narara NSW 2250 4

$850,000

154m2

82A Coolawin Circle Narara NSW 2250 5

220.9m2

64 Coolawin Circle Narara NSW 2250 4

Sold Price

Year Built 2010 9

Sold Price

$910,000

-3.2% $940,000 $880,000

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.

10


Comparable Sales 101 Carrington Street Narara NSW 2250 4

2

2

Sold Date 27-Sep-19 DOM 207 Distance 0.68km

3,484m2 Price Change First Listing Last Listing

2

2

Sold Date 12-Sep-19 DOM 115 Distance 0.71km

-12.4% $970,000 $825,000

3

4

Sold Date 10-May-19 DOM 15 Distance 0.73km

-

3

4

Sold Date 17-May-19 DOM 448 Distance 0.76km

DOM = Days on market

RS

= Recent sale

12

Sold Price

-

210m2 -

Year Built 1985

$929,000 $929,000

757m2 Price Change First Listing Last Listing

$875,000

Year Built 1990

41 Narara Creek Road Narara NSW 2250 4

$875,000

2,681m2 Price Change First Listing Last Listing

11

179m2

94 Reeves Street Narara NSW 2250 6

$850,000

Year Built 1985

Sold Price

2,681m2 Price Change First Listing Last Listing

197m2

92 Reeves Street Narara NSW 2250 5

Sold Price

13

Sold Price

$815,000

-

Year Built 1991

$805,000

UN = Undisclosed Sale

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

14


Comparables Map: Listings

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


Narara Demographic Suburb Insights

7.9 k Population

2% 5 years population change

11.3 years Average length of ownership

The size of Narara is approximately 8.3 square kilometres. It has 14 parks covering nearly 6.8% of total area. The population of Narara in 2011 was 7,766 people. By 2016 the population was 7,925 showing a population growth of 2.0% in the area during that time. The predominant age group in Narara is 50-59 years. Households in Narara are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narara work in a professional occupation. In 2011, 79.4% of the homes in Narara were owner-occupied compared with 77.9% in 2016. Currently the median sales price of houses in the area is $602,500. HOUSEHOLD STRUCTURE

HOUSEHOLD OCCUPANCY

HOUSEHOLD INCOME

AGE

TYPE

%

TYPE

%

TYPE

%

TYPE

%

Childless Couples

34.1

Owns Outright

31.4

0-15.6K

2.4

0-9

13.3

Couples with Children

45.4

Purchaser

46.5

15.6-33.8K

11.1

10-19

12.8

Single Parents

19.5

Renting

19.8

33.8-52K

12.9

20-29

12.8

Other

1.0

Other

0.3

52-78K

18.1

30-39

12.6

Not Stated

2.1

78-130K

26.1

40-49

13.9

130-182K

12.0

50-59

14.6

182K+

8.2

60-69

11.5

70-79

5.8

80-89

2.2

90-99

0.4

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

Glenvale School

0.47km

Special

Mixed

Government

0-0

0.66km

Secondary

Mixed

Government

7-12

0.76km

Combined

Mixed

Non-Government

0-12

0.78km

Special

-

Non-Government

0-0

1.76km

Secondary

Mixed

Government

7-12

109 Manns Road Narara NSW 2250 Narara Valley High School 55 Fountains Road Narara NSW 2250 St Philip's Christian College Gosford 2-30 Narara Creek Road Narara NSW 2250 D.A.L.E. Christian School Gosford Campus 2-30 Narara Creek Road Narara NSW 2250 Gosford High School 30 Racecourse Road 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

15

$602,500

-1.5%

38

35

$460

Jun 2019

8

$611,400

-0.7%

39

41

$460

May 2019

14

$616,000

-0.5%

38

43

$470

Apr 2019

2

$619,250

1.0%

38

38

$465

Mar 2019

8

$613,400

-1.5%

32

43

$470

Feb 2019

8

$622,500

-1.2%

31

38

$470

Jan 2019

5

$630,000

1.5%

30

33

$470

Dec 2018

4

$620,500

-0.7%

29

27

$470

Nov 2018

8

$625,000

-0.4%

28

35

$475

Oct 2018

13

$627,500

-0.4%

27

39

$477

Sep 2018

2

$630,000

0.6%

25

27

$470

Aug 2018

7

$626,500

0.2%

24

24

$470

Sales by Price - 12 months (House) PRICE

NUMBER

<$200K

1

$200K-$400K

3

$400K-$600K

43

$600K-$800K

32

$800K-$1M

13

$1M-$2M

2

>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

ASKING RENT

2019

94

$602,500

2018

139

$625,000

-3.6%

38

134

$460

6.2%

20

134

$470

2017

146

$588,500

9.0%

15

143

$460

2016

116

$540,000

17.4%

16

123

$430

2015

165

$460,000

9.9%

11

155

$420

2014

138

$418,750

19.6%

13

121

$412

2013

115

$350,000

2.2%

36

135

$397

2012

121

$342,500

2.5%

43

137

$385

2011

112

$334,000

-0.3%

44

151

$360

2010

126

$335,000

7.2%

36

146

$350

2009

112

$312,500

-0.3%

64

131

$330

2008

111

$313,500

-0.5%

76

158

$290

2007

118

$315,000

-1.6%

65

145

$280

2006

129

$320,000

-1.7%

56

142

$260

2005

144

$325,500

-1.4%

65

144

$275

2004

130

$330,000

15.1%

49

108

-

2003

184

$286,750

21.8%

-

27

-

2002

246

$235,500

15.4%

-

2

-

2001

164

$204,000

15.7%

-

2

-

2000

222

$176,250

6.8%

-

-

-

© 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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