TERRIGAL EDITION A
TEAM GODDARD & PILON
Traditionally the New Year is a time to reflect on the previous 12 months and to look forward to continuing or better times. Obviously COVID has had an effect on all aspects of our lives over the past two years, and just as we appeared to be heading towards better times, it has reared its ugly head again. However, on the bright side, our market has continued to grow over the last quarter and there have been some truly ‘mind blowing’ sale prices achieved. As was the case through the middle of
last year, these prices have been driven by alltime low interest rates, huge buyer demand and low levels of stock on the market. Whilst there are no guarantees, we believe strong market conditions will continue for the next 6–12 months (if not longer) . The speed of market growth may slow as more sellers decide to take advantage of these conditions; however, all the fundamentals indicate further growth in our local property market.
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
4/2 Barnhill Road
4
3
4
October
$5,500,000
2
50/8 Terrigal Esplanade
5
4
4
October
$4,580,000
3
24 Newlands Avenue
3
2
1
October
$1,336,000
4
32/2 Brunswick Road
3
2
2
October
$1,605,000
5
6 Robertson Court
4
2
2
October
$1,900,000
6
1 Summit Road
3
1
2
October
$1,510,000
7
31/8 Terrigal Esplanade
3
3
2
October
$2,400,000
8
67C Hastings Road
3
2
2
October
$1,175,000
9
20 Miller Road
5
4
2
October
$2,750,000
10
71 Barnhill Road
4
2
4
October
$2,350,000
11
13/19 Kurrawyba Avenue
3
1
1
October
$1,075,000
12
2 Port Jackson Road
5
3
2
October
$2,200,000
13
102 Hastings Road
3
2
6
October
$1,450,000
14
65 Beaufort Road
6
4
4
October
$3,100,000
15
7 Holmes Road
4
2
2
October
$2,020,000
16
23 Salisbury Drive
5
2
2
October
$1,700,000
17
8 Woodland Road
4
2
2
November
$1,210,000
18
2 Aspen Avenue
3
2
2
November
$1,485,000
19
1 Canterbury Drive
4
2
2
November
$1,481,000
20
20 Reginald Drive
4
3
2
November
$2,500,000
21
59 Terrigal Drive
4
2
1
November
$1,200,000
22
11 Wellesbourne Avenue
3
2
2
November
$1,300,000
23
4 Sandra Place
4
2
2
November
$1,705,000
24
3 Owen Close
4
2
2
November
$1,280,000
25
408/156D Terrigal Drive
2
2
2
November
$1,275,000 Source: RP Data
Recent sales in Terrigal No
Address
Bed
Bath
Car
Date
Price
1
43 Ogilvie Street
4
2
2
November
$2,110,000
2
1/12 Grosvenor Road
3
2
2
November
$1,350,000
3
508/156E Terrigal Drive
2
2
2
November
$1,280,000
4
28 Kurrawyba Avenue
3
2
1
November
$2,400,000
5
3/10 Smillie Avenue
2
2
2
November
$1,000,000
6
2/12 Terrigal Esplanade
3
1
1
November
$1,555,000
7
22 Aspen Avenue
3
1
1
November
$1,370,000
8
13/10 Church Street
2
1
1
November
$1,050,000
9
12 Sonny Crescent
4
2
2
November
$2,000,000
10
19/2 Brunswick Road
3
2
2
December
$1,241,000
11
16 Raymond Terrace
6
3
2
December
$1,730,000
12
318/6 Pine Tree Lane
2
1
1
December
$1,050,000
13
6 Woodland Road
3
1
2
December
$1,100,000
14
8/10 Church Street
2
1
1
December
$1,050,000
15
8/7 Campbell Crescent
3
2
2
December
$1,400,000
16
27/2 Brunswick Road
3
2
2
December
$1,720,000
17
404/6 Pine Tree Lance
2
1
1
December
$1,175,000
18
1/25 Ena Street
3
3
1
December
$2,250,000
19
10 Cheshire Close
4
2
2
December
$1,450,000
20
2/17 Weemala Crescent
4
2
2
December
$2,450,000
21
1/8 Campbell Crescent
3
2
2
December
$1,175,000
22
214 Terrigal Drive
4
1
2
December
$2,425,000
23
57 Flakelar Crescent
4
2
2
December
$1,490,000
24
7 Junction Road
3
1
3
December
$1,827,000
25
1 Sandringham Close
5
3
2
December
$1,600,000 Source: RP Data
A selection of our recent sales
1/12 Grosvenor Road, Terrigal Sold $1.35m
43 Ogilvie Street, Terrigal Sold $2.11m
1 Summit Road, Terrigal Sold $1.51m
214 Terrigal Drive, Terrigal Sold $2.425m
20 Parry Avenue, Terrigal Sold $1.555m
3/21 Auld Street, Terrigal Sold $1.8m
A selection of our recent sales
71 Barnhill Road, Terrigal Sold $2.35m
65 Beaufort Road, Terrigal Sold $3.1m
10 Cheshire Close, Terrigal Sold $1.45m
102 Hastings Road, Terrigal Sold $1.45m
26 Ferndale Street, Killarney Vale Sold $1.025m
20 Miller Road, Terrigal Sold $2.75m
Case studies 4 Beds 2 Baths 2 Cars Sale method
Auction
Sale price
$2.11m
Vendors' price expectation
$1.9m
Days on market
26
No. of inspections
46
No. of contracts issued
4
Buyer origin
Sydney
43 Ogilvie Street, Terrigal Sold $2.11m
3 Beds 1 Bath 2 Cars Sale method
Auction
Sale price
$1.51m
Vendors' price expectation
$1.35m
Days on market
1
No. of inspections
1
No. of contracts issued
1
Buyer origin
Local Investor
1 Summit Road, Terrigal Sold $1.51m
3 Beds 2 Baths 1 Car
26 Ferndale Street, Killarney Vale Sold $1.025m
Sale method
Auction
Sale price
$1.025m
Vendors' price expectation
$0.79m
Days on market
24
No. of inspections
45
No. of contracts issued
8
Buyer origin
Local