Peter Chauncy Naremburn Report 2019

Naremburn Report Peter Chauncy

2019

A word from Team Chauncy Naremburn’s 2018-2019 financial year sales figures were slightly lower compared to the previous year with a total of 41 sales, down from 49. We've also recorded a small decrease in the average property sale price which now sits at $2,191,463, down 9.5%. After a sluggish start to the financial year due to record low stock levels, the past six months have generated a lot of increased activity, which gives us a strong indication that the market has settled and looking like getting much stronger in the months ahead. In fact, our highest sale price for the year was $3,870,000 - $300,000 higher than last year.

The McGrath Crows Nest office continues to be the driving force in the Naremburn area with a market share of 71%. We sold 29 of the total 41 sales in the suburb, while our nearest competitor sold two. We are growing from strength to strength and finished at number one for Sydney Metro in the entire McGrath network for the financial year and were ranked number 8 in the Real Estate Business Top 100 agents Australia-wide. Peter was also honoured to have recently received the prestigious John McGrath Award at the

company’s annual awards night for his outstanding contribution to the company over the last 15 years.

The future is looking bright and we’re excited to be coming up to our tenth year sponsoring the Willoughby Community Preschool while continuing to support the Naremburn Community Gardens and the Progress Association. Each of these organisations provide an important facility for the community and we’re proud to be associated with them.

The recent months have shown a lot of momentum and its gearing up to be a thriving spring property market.

Stock levels are generally low at present, however there are a lot of qualified ‘hot’ buyers that are ready to go and in need of a property. If you’re a homeowner looking to take advantage of the upcoming spring real estate market, get in touch with us to find out how we can maximise your price in the current conditions.

Naremburn statistics

$3.87m

Highest sale price

$2.191m 41 31

Average sale price

Number of properties sold

Average days on the market

86%

Auction clearance rate

Pricefinder

Recently sold

15 Slade Street, Naremburn

Client Testimonials “Working with Peter and his team was a positive experience, it is always a stressful process to sell a home but receiving constant clear communication made us feel we had all the information to make the right decisions to successfully sell our home at the best price we could. Peter was always available to us and we would have no hesitation in recommending Team Chauncy.”

Rory & Jackie Kennard

“Peter and his team made a potentially stressful time, dealing with the complexity of buying and selling, very smooth sailing. Our home looked fantastic after his professional trades completed their work and he had a number of potential buyers inspecting before the first open house, and we sold the day the sign went up!

We’re thankful that we had his skills and knowledge at our disposal.”

Roy & Pip Streeter

“Peter and his team were great to work with for the sale of our Naremburn semi. They know the market and the area inside out and were excellent at keeping us informed of the progress every step of the way. I wouldn’t hesitate in recommending them.”

Ben & Sophie Grace

“We are very appreciative of all the pre-sale advice Peter provided around property presentation and timing. Our house sold after only two inspections which is a reflection of both Peter’s strong buyer database and the excellent presentation of the property.”

Michael & Jacqui Brivulis

Agent market share Naremburn 1 July 2018 – 30 June 2019

2% 2%

5% 5%

• McGrath • Garwoods • Belle Neutral Bay • Di Jones • One Agency • Ray White • Northside • Belle Lane Cove

5% 5% 5%

71%

Source: Pricefinder

$1.066m

$1.303m 2010

2009

$1.312m

$1.335m

2011

2013

2014

2015

2012

$2.006m 2016

2019

$1.266m

$1.469m

$2.392m 2017

$1.761m

$2.40m $2.191m

2018

Average sale price

Source: Pricefinder

A selection of recent sales

41 Plunkett Street, Naremburn

45 Waters Road, Naremburn

71 Garland Road, Naremburn

31 Garland Road, Naremburn

16 Darvall Street, Naremburn

14 Waters Road, Naremburn

Client Testimonials “We wish to thank Peter and his team for successfully selling our property exactly the way we had hoped prior to any formal advertising. Peter clearly has an outstanding and effective database and was able to source a number of buyers to show through privately prior to the auction campaign commencing. We are very delighted with the painless sale process that ended with a very satisfactory price for us.

“Peter is very professional and knowledgeable about the Naremburn area. He gives great advice on preparing your house for sale and has an extensive database of buyers looking to buy in the area. When we decided to sell our home Peter was the first agent we thought of.”

This is the seventh transaction that I have had with Peter and his team. Their professionalism and dedication is second to none, and their attention to detail is impressive. We have no hesitation in engaging Peter’s team again when the time comes to selling our next property.”

“Peter and his team were at all times knowledgeable, friendly and reliable. Everyone worked at achieving the best possible outcome. Outside suppliers recommend by them were also of the highest quality, reliable and courteous.”

Jackson & Dorinda Hui

“We purchased and sold with Peter, and on both occasions he met our expectations. He isn’t pushy or overwhelming and always gives you honest feedback and realistic expectations.”

Rebecca Tyndall & Adrian Lennard

Louise Frith & Luke Silcock

Anne Marie Jonas

Recent sales in Naremburn Address

Bed

Bath

Car

Sale date

Sale price

Agent

15 Slade Street

4

2

1

Apr-19

$3,870,000

McGrath

33 Station Street

4

3

2

Jun-19

$3,168,000

McGrath

47 Park Road

4

2

3

Nov-18

$3,000,000

McGrath

11 Dalleys Road

4

2

2

Apr-19

$2,975,000

Garwoods

7 Remah Close

4

3

2

Sep-18

$2,825,000

Belle Neutral Bay

41 Plunkett Street

4

3

2

Apr-19

$2,800,000

McGrath

7 Probate Street

4

2

1

Apr-19

$2,650,000

Di Jones

27 Darvall Street

3

2

2

Apr-19

$2,600,000

Northside

11 Oxley Street

4

2

2

Dec-18

$2,480,000

McGrath

47 Darvall Street

3

2

1

Dec-18

$2,470,000

Di Jones

45 Waters Road

4

3

1

Apr-19

$2,400,000

McGrath

31 Garland Road

4

2

2

Apr-19

$2,380,000

McGrath

16 Darvall Street

3

2

1

Aug-18

$2,375,000

McGrath

37 Slade Street

4

2

2

Jul-18

$2,360,000

One Agency

14 Waters Road

3

2

2

Nov-18

$2,260,000

McGrath

71 Garland Road

3

2

2

Oct-18

$2,200,000

McGrath

19 Slade Street

3

2

1

May-19

$2,150,000

McGrath

2A Adolphus Street

3

2

1

Mar-19

$2,100,000

McGrath

29A Garland Road

3

2

1

May-19

$2,050,000

McGrath

126 Northcote Street

3

2

1

Nov-18

$2,050,000

McGrath

13 Slade Street

3

1

0

May-19

$2,030,000

McGrath

55 Park Road

4

1

1

Oct-18

$2,030,000

McGrath

Source: Pricefinder.

Recently sold

33 Station Street, Naremburn

Client Testimonials “I cannot speak highly enough of Peter and his team at McGrath. They did a fantastic job in securing the sale of our property. Peter provided excellent advice and assistance throughout the entire process and his communication was spot on the whole way through.

Peter and his team are the model of professionalism and follow through, and they are just great to deal with!”

Blair & Caroline McQuade

“Peter and his team provided a very professional and successful service in selling our property in Naremburn. As interstate vendors we have been very happy as to how they assisted us to prepare and then show the home for inspection whilst not being there ourselves. Peter has a great understanding of the current market and always ensured we were well informed throughout every step of the sale process. We highly recommend him as an agent.”

Kristine & Geoff Gillmore

“We met Peter when we bought our home in 2013.

While living in Naremburn we came to appreciate his dominance in the local area. When we suddenly decided to sell, we knew selecting our agent would only involve one call. From the moment we got started Peter and his team could not have done any more for us. They recommended tradespeople and to our surprise we were ready for market in a couple of weeks.

When discussing price Peter was straight up and didn’t tell us what we wanted to hear, his expert approach resulted in over 100 buyers looking at our home.

We would recommend Peter and his team to anyone selling in and around Naremburn. His local knowledge, experience, communication style and honesty set him apart.”

Steve & Nicola Hankins

Recent sales in Naremburn

26 Garland Road

3

2

0

Jan-19

$2,025,000

McGrath

57 Market Street

3

1

1

Apr-19

$2,010,000

McGrath

8 Merrenburn Avenue

3

2

2

Jul-18

$1,970,000

McGrath

2 Waters Road

3

2

1

Jul-18

$1,964,500

McGrath

66 Northcote Street

3

1

1

Aug-18

$1,950,000

McGrath

41 Rhodes Avenue

3

1

1

Jun-19

$1,920,000

McGrath

21A Slade Street

2

2

2

May-19

$1,920,000

McGrath

20 Station Street

3

1

1

Nov-18

$1,920,000

Belle Neutral Bay

25 Market Street

3

1

2

Feb-19

$1,910,000

Ray White

51 Market Street

3

2

2

Apr-19

$1,877,500

McGrath

21 Slade Street

2

2

2

May-19

$1,850,000

McGrath

29 Market Street

3

2

0

Feb-19

$1,750,000

McGrath

6 Oxley Street

2

1

1

Jul-18

$1,750,000

McGrath

9 Slade Street

3

1

0

Apr-19

$1,750,000

Ray White

21 Rhodes Avenue

3

1

1

Sep-18

$1,730,000

One Agency

36 Slade Street

2

1

0

Oct-18

$1,700,000

McGrath

16 Rhodes Avenue

2

1

1

Jun-19

$1,650,000

Belle Lane Cove

5 Martin Street

2

1

2

Jul-18

$1,600,000

McGrath

89 Brook Street

2

1

0

Aug-18

$1,380,000

Garwoods

Source: Pricefinder.

A selection of recent sales

19 Slade Street, Naremburn

2A Adolphus Street, Naremburn

29A Garland Road, Naremburn

126 Northcote Street, Naremburn

13 Slade Street, Naremburn

26 Garland Road, Naremburn

57 Market Street, Naremburn

8 Merrenburn Avenue, Naremburn

51 Market Street, Naremburn

21 Slade Street, Naremburn

29 Market Street, Naremburn

6 Oxley Street, Naremburn

36 Slade Street, Naremburn

5 Martin Street, Naremburn

66 Northcote Street, Naremburn

Why Team Chauncy

$180m $1.8m 101

Our average sale price

Number of properties sold in FY19

82% 21

Total value of properties sold in FY19

Auction clearance rate

Our average days on the market

41 years 3

Of combined real estate industry experience

Highly experienced McGrath team members

McGrath CRM

Peter Chauncy Naremburn Specialist McGrath Crows Nest 0402 036 489 peterchauncy@mcgrath.com.au