Kim Toyer Uttley Report FY15-16

FY15/16 Property Report Kim Toyer-Uttley

A word from John McGrath So‌we finally have a result! The Coalition got over the line and the biggest thing that means for real estate is no changes to negative gearing or the capital gains discount.

Moving forward, the end of the election period is likely to result in more market activity.

The usual decline in stock that we always see over the winter period was somewhat exacerbated by the election because a lot of people delayed their real estate decisions. For example, in the week leading up to the election, there were 811 capital city auctions compared to 2,218 the week before, according to CoreLogic RP Data.

In many cases, an election simply provides another reason for procrastination amongst nervous buyers and sellers but in this election, property tax policy was such a major issue that it’s not surprising many people, particularly investors, chose to wait and see how it all played out.

Now we know there will be no change to negative gearing or capital gains policy, the pathway to spring is clear. We usually see a bump in listings in the spring season as many people perceive it to be the best time to sell. This year, we might see a bigger bump in listings simply because a lot of would-be winter sellers delayed their campaigns.

Lack of stock has been a major issue in many of Sydney’s inner and middle ring suburbs this year, which has contributed to ongoing price growth (8.9% increase in Sydney property values over the first six months of the year) and consistently strong clearance rates in the high 70% range.

A spike in listings over spring would bring more fluidity to the market and enable more Sydneysiders to make their next move.

John McGrath CEO McGrath Estate Agents

A word from Kim Toyer-Uttley It has been another very interesting and rewarding financial year in real estate in our local area. Following the peak in our market in July 2015, we experienced a dramatic downturn into the close of 2015. However, the resilience of the market in North Ryde and the Ryde area generally, has resulted in a steady comeback in 2016. All of our vendors who have sold in the second half of the financial year have reaped the rewards of a significantly improved market.

And, what a difference a strong team and brand makes!

McGrath still holds the overall record price for North Ryde at $2,580,000 for financial year 15/16. My team and I, achieved our highest sale in the declining market at the end of 2015, of $2,262,000 for 59 Avon Road, North Ryde.

My team’s hard work has been recognised, in having again been included in the McGrath Top Ten Female Agents for the first half of 2016. Also, ‘Real Estate Business’ magazine has reported that I have been placed in the Top 50 Female Agents, Australia wide, for 2015. To have achieved recognition for work in my local area of North Ryde and Ryde, in which I have lived almost all of my life, is very humbling. I sincerely thank our local community members and clients for your ongoing support and referrals.

It has been a pleasure to have sponsored local school and community events over the past year. I look forward to continuing to assist more worthwhile causes and events in the area, this current financial year.

Knowing that so many people want to live in our wonderful community is a testament to the area we live in! I look forward to helping more people on their life journeys and welcoming new residents to find homes locally.

Wishing you and your families all the very best for the current financial year!

Kim Toyer-Uttley Licensed Real Estate Agent M 0408 439 837 E kimtoyer-uttley@mcgrath.com.au

4 Sherwood Place, North Ryde - $1,422,000

23 Jones Street, Ryde - $1,540,000

3/122 Twin Road, North Ryde - $1,400,000

28 Menzies Road, Marsfield - $1,410,000

The Top 20 House Sales

*Sold by McGrath

North Ryde | FY15/16 Address

Sold Date

Land Size

Price

1

8 Pacey Avenue North Ryde

25/07/2015

580sqm

$2,401,000

2

59 Avon Road North Ryde

12/09/2015

560sqm

$2,262,000

3

17 Mavis Street North Ryde

16/10/2015

765sqm

$2,250,000

4

14 Warwick Street North Ryde

18/07/2015

659sqm

$2,250,000

5

24 Warwick Street North Ryde

07/07/2015

466sqm

$2,208,000

6

12 Harford Street North Ryde

27/02/2016

619sqm

$2,150,000

7

71 Ford Street North Ryde

13/02/2016

798sqm

Confidential

8

5 Chauvel Street North Ryde

02/07/2015

575sqm

$2,008,000

9

364 Pittwater Road North Ryde

03/08/2015

611sqm

$1,900,000

10

10 Chauvel Street North Ryde

14/05/2016

602sqm

$1,888,000

11

41 Conrad Street North Ryde

25/07/2015

910sqm

$1,879,000

12

3 Morshead Street North Ryde

12/05/2016

614sqm

$1,860,000

13

14 Edmondson Street North Ryde

25/06/2016

653sqm

$1,860,000

14

73 Trevitt Road North Ryde

11/11/2015

758sqm

$1,835,000

15

35 Jopling Street North Ryde

05/12/2015

644sqm

$1,815,000

16

50 Avon Road North Ryde

18/03/2016

563sqm

$1,800,000

17

200 Cressy Road North Ryde

18/06/2016

700sqm

$1,781,000

18

3 Bridge Road North Ryde

26/09/2015

718sqm

$1,767,000

19

4 Ian Street North Ryde

28/05/2016

625sqm

$1,750,000

20

4 Conrad Street North Ryde

10/08/2015

597sqm

$1,750,000

Notes: This information is being provided by Australian Property Monitors based on exchanged sales excluding apartments. Its accuracy cannot be guaranteed. Parties should rely on their own enquiries and McGrath will not be liable for errors or admissions here in.

11 Brendon Street, North Ryde - $1,400,000

71 Ford Street, North Ryde - Confidential

14 Edmondson Street, North Ryde - $1,860,000

59 Avon Road, North Ryde - $2,262,000

House Statistics

Price Statistics

North Ryde | FY15/16

Number of Houses Sold Total Value of Houses Sold Average Sale Price

North Ryde | FY15/16 FY 14/15

FY 15/16

$2,580,000

$2,401,000

Median Value

$1,300,000

$1,496,000

Average Sale Price

$1,354,383

$1,496,000

$193,676,800

$182,568,001

150

122

Highest Sale Price

All Agencies Combined

McGrath

122

46

$182,568,001

$71,507,500

Total Value Sold

$1,496,459

$1,554,511

Total Houses Sold

Median House Price North Ryde | FY15/16

$1,600,000 $1,400,000 $1,200,000 $1,000,000 $800,000 $851,000

$980,000

$1,300,000

$1,496,000

2010

2011

2012

2013

2014

2015

2016

$0

$812,000

$200,000

$835,000

$400,000

$773,000

$600,000

Notes: This information is being provided by Australian Property Monitors based on exchanged sales excluding apartments. Its accuracy cannot be guaranteed. Parties should rely on their own enquiries and McGrath will not be liable for errors or admissions here in.

Sales

Ryde SOLD

Ryde SOLD

North Ryde

1 Bright Street

78 Cressy Road

2 Michael Street

$1,500,000

Rhodes SOLD

North Ryde

5/25 Blaxland Road

24 Edmondson Street

$988,000

Marsfield SOLD

North Ryde

4 Lucinda Road

39 Edmondson Street

$1,360,000

Ryde SOLD

North Ryde

6/11 Aitchandar Road

108 Wicks Road

$880,000

$1,401,000

SOLD $1,700,000

SOLD $1,558,000

SOLD $1,388,000

North Ryde 19 Sturdee Street

SOLD $1,510,000

SOLD $1,510,000

North Ryde 4 Conrad Street

SOLD $1,750,000

Ryde SOLD 10/62 Blaxland Road

$592,000

Ryde SOLD

North Ryde

SOLD

32 Olive Street

80 Coxs Road

$1,260,000

North Ryde 24 Sturdee Street

$1,500,000

SOLD $1,325,000

North Ryde 2 Harford Street

SOLD $1,260,000

Sales

Ryde SOLD

Ryde SOLD

North Ryde

SOLD

613G/4 Devlin Street

10/820 Victoria Road

44 Ryrie Street

$1,395,000

North Ryde 12 Napier Crescent

North Ryde

$652,500

SOLD $1,341,000

SOLD

19 Betty Hendry Parade $1,320,000

North Ryde 7 Northcott Street

SOLD $1,580,000

North Ryde 31 Folkard Street

$522,000

SOLD $1,705,000

North Ryde 34 Epping Road

SOLD $942,500

Marsfield SOLD 9/106 Crimea Road

North Ryde 27 Boyce Street

Confidential

SOLD $1,650,000

Ryde SOLD Ryde SOLD

Beecroft SOLD North Ryde SOLD

Ryde SOLD

12/7 Cowell Street

2/25 Cook Street

31 Hancott Street

North Ryde 29 Farrington Parade

$770,000

SOLD $1,655,000

North Ryde 31 Chauvel Street

$1,330,000

SOLD $1,301,000

North Ryde 25 Chisholm Street

$1,120,000

SOLD $1,538,000

Why Kim Toyer-Uttley?

local 3 highly resident trained specialist for over 50 years

team members

$56,148,650

41 number of sales FY15/16

12 highest sale price: $2,262,000 59 Avon Road, North Ryde

years local selling experience

gross volume sold in FY15 /16

$1,554,511 average house sale price

No. 7 female agent in the McGrath Network FY15/16

North Ryde

38% market share 26 agencies combined McGrath Estate Agents

average days on market

25

38%

62%

Notes: This information is provided by Corelogic RP Data, MARS (McGrath’s CRM System, 1/07/2015 - 30/06/2016) Its accuracy cannot be guaranteed. Parties should rely on their own enquiries. Market share is based on sales by 26 agencies in North Ryde excluding McGrath. Apartment sales are not included.

Testimonials What Kim’s clients say “Kim is the total professional in every way. She communicates consistently with her clients, she has her finger on the pulse and is in many ways a Grand Master holding many strings and knows what to do to ensure all is going to plan. She has an excellent assistant in Sharyn and incredibly well trained team members. Working with her on the sale of our late mother’s home was an absolute pleasure. She totally changed my previous perspective on real estate agents. She has earned her success and I am sure she will continue to achieve at a very high level. I could not have been happier with the ‘relationship’ - from the day we initially spoke through to the auction. Absolutely a ‘STAR’. I unreservedly highly recommend her.”

Wendy Rae – 12 Michael Street, North Ryde

“Our first impression of Kim was that here was someone we could trust, and that was so important when we were making a decision to sell our home for over 30 years, and all the emotions that go with that. Kim knows the real estate business inside out and ensured that we understood the process every step of the way, advising on the preparation of our home for sale, through to open home and finally auction. All Kim’s team are involved. We were delighted with the price. I can highly recommend Kim and her team.”

Bev Smith and Will Lavender – 27 Boyce Street, Ryde

“Thank you all for the excellent job you did and for making the experience of selling our property through McGrath Estate Agents a pleasurable one. From the start you made us feel at ease and kept us informed through every step. The honesty, professionalism and advice you gave us was greatly appreciated. The auction and the experience of selling our property exceeded our expectations. We would highly recommend your services to anyone wanting to sell their home.”

Terry and Sue-Ellen King – 59 Avon Road, North Ryde

“It was a family decision to go with Kim from McGrath. The whole team were a pleasure to do business with. From the first meeting to auction day was a pleasure, and an outstanding result on the day! Thank you.”

The Steedman family – 31 Folkard Street, North Ryde

“Thank you Kim and team for all your help and professionalism in allowing a new chapter in our lives to commence.”

Allan Mewton – 29 Farrington Parade, North Ryde

Community Focused Being successful is one thing, but the experience is all the more rewarding to give back and share with the local community.

In FY15/16, Kim Toyer-Uttley proudly supported local schools in the area and looks forward to supporting them again.

•

Truscott Street Public School

•

Holy Spirit Catholic School

•

North Ryde Public School

•

Northcross Christian School

•

Ryde East Public School

www.mcgrath.com.au

mcgrath.com.au

Kim Toyer-Uttley Licensed Real Estate Agent D 9816 8105 M 0408 439 837 E kimtoyer-uttley@mcgrath.com.au