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Pearl Beach - 1st Qtr report 2021

Page 1

Pearl Beach Sales Report


Top Ten Sales

© Copyright 2021 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.


Recent Sales 1

2A Green Point Road Pearl Beach NSW 2256 3 1 2 Year Built 1970 Sold Date

Sold Price 474m2

01-Mar-21

128m2 DOM

-

Distance

0.67km

$3,880,000

First Listing Last Listing -

2

1 Diamond Road Pearl Beach NSW 2256

Sold Price

4 2 1 Year Built 1985 Sold Date

670m2

15-Feb-21

141m2 DOM

-

Distance

0.56km

$2,350,000

First Listing Last Listing -

3

3 Agate Avenue Pearl Beach NSW 2256 2 1 1 Year Built 1960 Sold Date

RS

Sold Price 702m2

26-Mar-21

80m2 DOM

10

Distance

0.21km

-

UN

First Listing $0 Last Listing Contact Agent

4

14 Pearl Beach Drive Pearl Beach NSW 2256 4 2 Year Built Sold Date

3

Sold Price 670m2

22-Jan-21

194m2 DOM

-

Distance

0.17km

$1,700,000

First Listing Last Listing -

5

2 Jade Place Pearl Beach NSW 2256

Sold Price

4 3 2 Year Built 1980 Sold Date

683m2

15-Jan-21

190m2 DOM

42

Distance

0.1km

First Listing New to Market Last Listing New to Market

DOM = Days on market

RS

= Recent sale

UN = Undisclosed Sale

© Copyright 2021 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

$1,515,000


Recent Sales 6

80 Diamond Road Pearl Beach NSW 2256 2 1 1 Year Built 1960 Sold Date

Sold Price 670m2

15-Jan-21

$1,432,500

73.16m2 DOM Distance

0.25km

First Listing Last Listing -

7

66 Cornelian Road Pearl Beach NSW 2256 2 1 Year Built 1970 Sold Date

Sold Price 670m2

19-Mar-21

DOM

15

Distance

0.42km

RS

$1,355,000

First Listing Not Disclosed Last Listing Contact Agent

8

6 Beryl Boulevard Pearl Beach NSW 2256 5 3 2 Year Built 1990 Sold Date

Sold Price 677m2

22-Mar-21

271m2 DOM

25

Distance

0.63km

RS

-

First Listing Price on request Last Listing Price on request

9

6 Garnet Road Pearl Beach NSW 2256

Sold Price

4 2 Year Built 2018 Sold Date

670m2

18-Feb-21

60m2 DOM

-

Distance

0.3km

First Listing Last Listing -

DOM = Days on market

RS

= Recent sale

UN = Undisclosed Sale

© Copyright 2021 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

-


Pearl Beach Demographic Suburb Insights

553 Population

8% 5 years population change

10.0 years Average length of ownership

The size of Pearl Beach is approximately 1.3 square kilometres. It has 6 parks covering nearly 8.1% of total area. The population of Pearl Beach in 2011 was 512 people. By 2016 the population was 553 showing a population growth of 8.0% in the area during that time. The predominant age group in Pearl Beach is 70-79 years. Households in Pearl Beach are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Pearl Beach work in a professional occupation. In 2011, 78.1% of the homes in Pearl Beach were owner-occupied compared with 78.2% in 2016. Currently the median sales price of houses in the area is $1,425,000. HOUSEHOLD STRUCTURE

HOUSEHOLD OCCUPANCY

HOUSEHOLD INCOME

AGE

TYPE

%

TYPE

%

TYPE

%

TYPE

%

Childless Couples

66.7

Owns Outright

64.2

0-15.6K

6.1

0-9

6.9

Couples with Children

21.1

Purchaser

14.0

15.6-33.8K

12.7

10-19

7.1

Single Parents

10.9

Renting

17.5

33.8-52K

15.3

20-29

6.2

Not Stated

4.4

52-78K

17.9

30-39

3.9

78-130K

19.7

40-49

8.6

130-182K

9.6

50-59

13.2

182K+

13.1

60-69

22.6

70-79

23.7

80-89

9.1

90-99

1.9

© Copyright 2021 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.


Local Schools

SCHOOL ADDRESS

DISTANCE

SCHOOL TYPE

GENDER

SECTOR

YEARS

Umina Beach Public School

2.03km

Primary

Mixed

Government

0-6

3.91km

Secondary

Mixed

Government

7-9

4.07km

Primary

Mixed

Government

0-6

4.17km

Primary

Mixed

Non-Government

0-6

4.25km

Special

Mixed

Non-Government

0-0

14 Hobart Avenue Umina Beach NSW 2257 Brisbane Water Secondary College Umina Campus 120 Veron Road Umina Beach NSW 2257 Ettalong Public School Karingi Street Ettalong Beach NSW 2257 St John the Baptist Catholic Primary School 173 Veron Road Woy Woy NSW 2256 Aspect Central Coast School, Woy Woy 17 Dulkara Road Woy Woy NSW 2256 Property is within school catchment area

Property is outside school catchment area

© Copyright 2021 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.


Recent Market Trends

PERIOD

PROPERTIES SOLD

MEDIAN PRICE

GROWTH

DAYS ON MARKET

LISTINGS

ASKING RENT

Dec 2020

4

$1,425,000

0.0%

34

5

$550

Nov 2020

3

$1,425,000

1.8%

33

4

$550

Oct 2020

8

$1,400,000

6.7%

33

13

$520

Sep 2020

6

$1,312,500

1.0%

26

17

$520

Aug 2020

4

$1,300,000

1.0%

33

10

$525

Jul 2020

4

$1,287,500

-0.6%

36

9

$525

Jun 2020

3

$1,295,000

2.0%

40

9

$500

May 2020

5

$1,270,000

-1.4%

38

9

$500

Apr 2020

1

$1,287,500

1.4%

46

9

$500

Mar 2020

5

$1,270,000

6.7%

51

13

$500

Feb 2020

5

$1,190,000

11.2%

52

12

$500

Jan 2020

1

$1,070,000

1.9%

58

9

$500

Sales by Price - 12 months (House) PRICE

NUMBER

<$200K

1

200K-400K

0

$400K-$600K

1

600K-800K

0

$800K-$1M

9

$1M-$2M

26

>$2M

12

© Copyright 2021 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.


Long Term Market Trends

PERIOD

PROPERTIES SOLD

MEDIAN PRICE

GROWTH

DAYS ON MARKET

LISTINGS

ASKING RENT

2021

-

-

-

-

36

$550

2020

49

$1,425,000

35.7%

34

37

$500

2019

33

$1,050,000

-12.9%

55

57

$550

2018

34

$1,205,000

-0.4%

74

47

-

2017

40

$1,210,000

32.2%

25

46

$555

2016

43

$915,000

7.6%

82

58

$450

2015

40

$850,000

2.6%

72

60

$475

2014

34

$828,750

22.6%

68

67

$465

2013

20

$676,000

-8.8%

91

75

$450

2012

36

$741,250

0.9%

80

57

-

2011

22

$735,000

-9.0%

-

47

-

2010

30

$807,500

7.7%

54

38

-

2009

25

$750,000

-3.8%

123

48

-

2008

21

$780,000

-16.6%

-

49

-

2007

32

$935,000

6.2%

113

37

-

2006

27

$880,000

0.6%

-

33

-

2005

28

$875,000

-4.9%

75

29

-

2004

33

$920,000

27.3%

-

8

-

2003

24

$722,500

18.9%

-

9

-

2002

46

$607,500

11.0%

-

19

-

© Copyright 2021 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). 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 2021 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.


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