TERRIGAL EDITION A
TEAM GODDARD AND PILON
As we head into a post COVID era its worth acknowledging it has had an extraordinary impact on the Terrigal property market, sparking new lifestyle and buying trends and generating new wealth for homeowners who have ridden the wave of capital growth that has come with the pandemic. Many of the impacts stem from the reduction in official interest rates to as low as the Reserve Bank was willing to take them – 0.1%. Mortgage loan rates fell too, and lots of people secured
new or refinanced loans at sub-2% – a once-in-alifetime opportunity. Among the many changes bought about by COVID-19, the most significant for the Terrigal market is the ability to work from home. This has allowed buyers, particularly those from Sydney, to design their own lifestyles much more freely, and to look beyond the big city job hubs to our beautiful town. Essentailly, it has made the daily grind of a commute between home and work a non-factor in deciding where to live.
Tony Pilon tonypilon@mcgrath.com.au 0438 854 897
Jamie Goddard jamiegoddard@mcgrath.com.au 0404 478 076
Recent sales in Terrigal No
Address
Bed
Bath
Car
Date
Price
1
38 Ashley Avenue
4
2
2
Jan
$1,540,000
2
2/21 Auld Street
3
2
2
Jan
$1,620,000
3
142 Hastings Road
3
2
2
Jan
$1,225,000
4
7A Holmes Road
4
3
1
Jan
$1,410,000
5
3/19 Kurrawyba Avenue
3
2
1
Jan
$1,310,000
6
34 Summit Road
4
2
3
Jan
$1,745,000
7
46/41-55 Terrigal Drive
5
3
2
Jan
$1,910,000
8
103/156A Terrigal Drive
4
2
2
Jan
$2,150,000
9
1/246 Terrigal Drive
4
3
2
Jan
$1,300,000
117 Willoughby Road
4
2
4
Jan
$1,800,000
11
44 Yeramba Crescent
3
2
1
Jan
$1,425,000
12
57 Anniversary Avenue
3
3
2
Feb
$2,000,000
13
3 Bridgewater Place
4
2
2
Feb
$1,750,000
14
5/32 Campbell Crescent
3
2
2
Feb
$1,760,000
15
1/40 Campbell Crescent
3
3
2
Feb
$2,380,000
16
42 Duffys Road
3
2
0
Feb
$1,350,000
17
67 Flakelar Crescent
3
2
2
Feb
$1,600,000
18
7/7 Glen View Crescent
4
4
2
Feb
$4,600,000
19
25 Golden Grove Circuit
5
3
2
Feb
$1,540,000
20
63 Hastings Road
4
3
4
Feb
$1,900,000
21
8/39-45 Havenview Road
3
1
1
Feb
$920,000
22
31 Hillcrest Street
4
4
1
Feb
$4,200,000
23
63A Hillcrest Street
3
2
1
Feb
$1,413,000
24
38/4 Karla Avenue
3
2
2
Feb
$1,450,000
25
30 Newlands Avenue
3
1
2
Feb
$960,000
10
Source: RP Data
Recent sales in Terrigal No
Address
Bed
Bath
Car
Date
Price
1
22 Norwich Close
4
2
2
Feb
$1,580,000
2
131 Scenic Highway
4
3
2
Feb
$2,350,000
3
21 Trade Winds Avenue
4
1
2
Feb
$1,300,000
4
3 Woodland Road
3
2
2
Feb
$1,150,000
5
80 Willoughby Road
4
2
2
Mar
$1,500,000
6
1 Anchorage Crescent
4
3
2
Mar
$2,200,000
7
4 Barrington Road
3
1
2
Mar
$2,800,000
8
18/2 Brunswick Road
3
2
2
Mar
$1,667,000
9
1/21 Charles Kay Drive
3
1
1
Mar
$790,000
10
47 Cheryl Avenue
4
1
1
Mar
$1,540,000
11
17 Cornwall Close
4
2
2
Mar
$1,200,000
12
5 Irving Close
3
2
2
Mar
$1,410,000
13
53 Kings Avenue
4
2
2
Mar
$1,630,000
14
2 Mayfair Close
4
2
2
Mar
$1,800,000
15
4 Pembroke Court
5
3
2
Mar
$1,950,000
16
40 Riviera Avenue
2
1
0
Mar
$1,250,000
17
5 Riviera Avneue
3
2
2
Mar
$1,750,000
18
9 Sandra Place
3
1
2
Mar
$1,295,000
19
110 Scenic Highway
4
3
2
Mar
$1,700,000
20
47 Sheffield Drive
5
3
3
Mar
$1,950,000
21
9B Stratford Park Drive
5
3
4
Mar
$1,900,000
22
6 Sunrise Avenue
5
3
3
Mar
$2,500,000
23
8 Swindon Circuit
4
2
2
Mar
$1,480,000
24
7/41 Terrigal Drive
4
3
2
Mar
$1,590,000
25
4/184-190 Terrigal Drive
2
1
2
Mar
$1,330,000 Source: RP Data
A selection of our recent sales
3/21 Auld Street, Terrigal Sold $1.8m
1/12 Grosvenor Road, Terrigal Sold $1.35m
Artist's Impression
214 Terrigal Drive, Terrigal Sold $2.425m
117 Willoughby Road, Terrigal Sold $1.8m
57 Anniversary Avenue, Terrigal Sold $2m
31 Hillcrest Street, Terrigal Sold $4.2m
A selection of our recent sales
4/184 Terrigal Drive, Terrigal Sold $1.33m
46/41 Terrigal Drive, Terrigal Sold $1.91m
40 Riviera Avenue, Terrigal Sold $1.25m
142 Hastings Road, Terrigal Sold $1.225m
42 Duffys Road, Terrigal Sold $1.35m
44 Yeramba Crescent, Terrigal Sold $1.425m
Case studies 4 Beds 3 Baths 2 Cars Sale method
Auction
Sale price
$2.2m
Vendors' price expectation
$1.9m
Days on market
17
No. of inspections
38
No. of contracts issued
7
Buyer origin
Bondi Beach
1 Anchorage Crescent, Terrigal Sold $2.2m
4 Beds 3 Baths 4 Cars Sale method
Auction
Sale price
$1.9m
Vendors' price expectation
$1.75m
Days on market
1
No. of inspections
13
No. of contracts issued
3
Buyer origin
Dee Why
63 Hastings Road, Terrigal Sold $1.9m
3 Beds 2 Baths 1 Car
44 Yeramba Crescent, Terrigal Sold $1.425m
Sale method
Auction
Sale price
$1.425m
Vendors' price expectation
$1.3m
Days on market
16
No. of inspections
33
No. of contracts issued
5
Buyer origin
Bondi Junction