Paddington Report 2014

paddington 2014 property report simon doak

Simon Doak

About Simon An exceptional sales professional and dedicated real estate agent, Simon Doak continues to raise the benchmark for quality service throughout Sydney’s east, specialising in the prestige suburbs of Woollahra, Paddington and Darling Point. Highly skilled in negotiations, he is a proven performer who leads by example. Simon has gained a reputation as trusted adviser on all aspects of real estate and is widely regarded as one of the leading agents in his core area.

A constant focus on high standards in customer service and satisfaction is the driving force behind Simon’s success. With 15 years experience in the real estate industry, he has built strong client relationships and is fully committed to achieving exceptional results that exceed expectations.

His outstanding negotiation skills are enhanced by a reputation based on a clear and concise approach to business. He has a strong sales record with an average 28 days on market and takes pride in making both vendors and buyers feel safe and assured throughout the selling and buying process.

Proudly Supporting The Paddo Tigers “The boys have been enjoying their season, improving their game and showing outstanding sportsmanship. We thank you again for your fabulous sponsorship of the club and the kids.”

Sue Delmenico, Paddo Tigers

Simon Doak Licensed Real Estate Agent and Auctioneer D 9386 3397 M 0413 811 420 E simondoak@mcgrath.com.au

Top 20 Paddington Sales - 2014 Address

*Sold by McGrath

Bed

Bath

Car

Sold Date

Land Size

Sale Price

1

14 Mary Place

4

3

2

24 Mar

410sqm

$5,500,000

2

175 Underwood Street

5

3

3

1 May

173sqm

$5,000,000

3

44 Windsor Street

4

2

2

25 Feb

193sqm

$4,800,000

4

66 Paddington Street

5

4

3

3 Mar

287sqm

$4,700,000

5

1B Heeley Street

3

4

2

17 May

157sqm

Confidential

6

47 Cambridge Street

4

3

3

21 Jun

208sqm

$3,437,000

7

114 Paddington Street

3

3

0

3 Feb

200sqm

$3,425,000

8

82 Hargrave Street

4

2

1

7 Mar

163sqm

$3,050,000

9

33 Glenview Street

4

3

2

31 May

174sqm

$2,800,000

10 35 Hampden Street

4

3

2

5 Apr

142sqm

$2,600,000

11 10 Duxford Street

3

2

2

10 Apr

167sqm

$2,580,000

12 119 Paddington Street

3

2

0

5 Apr

269sqm

$2,560,000

13 22 Suffolk Street

4

3

1

29 Mar

116sqm

$2,520,000

14 252 Moore Park Road

4

4

1

28 Jun

222sqm

Confidential

15 56 Stewart Street

3

3

1

13 Jun

133sqm

$2,450,000

16 372 Moore Park Road

4

2

2

26 Mar

230sqm

$2,425,000

17 130 Jersey Road

3

2

1

12 Mar

154sqm

$2,420,000

18 37 Glenview Street

3

2

-

28 May

186sqm

$2,360,000

19 25 Oatley Road

4

1

1

26 Feb

178sqm

$2,360,000

20 150 Hargrave Street

4

4

2

5 Apr

202sqm

$2,350,000

“Thank you very much for selling our beloved terrace at 7 Hargrave Street. From the word “go” your enthusiasm and commitment to the sales process was of upmost proficiency.

The team including Steven, the photographers and the marketing team all worked superbly in unison. We would highly recommend your services to prospective sellers in the Paddington area.”

7 Hargrave Street, Paddington - Simon and Vanessa

Paddington Statistics Jan - Jun 2014

Jan - Jun 2013

How many houses sold

119

89

Highest house sale price

$5,500,000

$3,500,000+

Lowest house sale price

$740,000

$767,000

$1,440,000

$1,352,500

Auction clearance rate

61%

60%

McGrath market share

23%

24.2%

Median price in Paddington

Paddington Agent Market Share - 2014 McGrath 9%

Bresic

2% 3%

Ray White

3%

Di Jones R&H Bradfield Cleary PPD Belle R&W

23%

3% 3% 3% 3% 4% 22%

L&S Ballard

10%

Goodyer Others Combined

12%

Paddington Sales from January - June 2014 Address

Bed

Bath

Car

Sold Date

Land Size

Sale Price

6 Albion Avenue

2

1

-

24 Mar

81sqm

$1,100,000

29 Albion Avenue

3

1

0

28 Jun

81sqm

$1,300,000

1A Bates Avenue

5

3

2

31 May

339sqm

Confidential

62 Boundary Street

4

2

1

22 Mar

128sqm

$1,775,000

78 Boundary Street

4

2

-

24 Mar

134sqm

$1,521,500

156 Boundary Street

3

2

1

1 Mar

135sqm

$1,301,000

158 Boundary Street

2

1

2

29 Mar

120sqm

Confidential

162 Boundary Street

3

2

-

17 May

116sqm

$1,370,000

5 Brown Street

2

1

-

4 Apr

218sqm

$1,340,000

12 Cambridge Street

2

1

1

28 Mar

84sqm

$1,352,000

47 Cambridge Street

4

3

3

21 Jun

208sqm

$3,437,000

5 Campbell Avenue

3

2

-

15 Feb

129sqm

$1,252,500

41 Campbell Avenue

2

1

-

7 Mar

83sqm

$1,107,000

1B Cecil Street

3

2

1

1 Mar

139sqm

$1,900,000

15 Comber Street

2

1

-

12 May

79sqm

$995,000

32 Comber Street

3

1

-

3 May

68sqm

$1,157,000

37 Dudley Street

3

2

-

3 Mar

116sqm

$1,338,000

10 Duxford Street

3

2

2

10 Apr

167sqm

$2,580,000

59 Elizabeth Street

3

1

2

20 May

146sqm

$2,200,000

75 Elizabeth Street

2

1

-

24 May

95sqm

$1,155,000

2 Forbes Street

2

1

1

14 Apr

135sqm

$1,250,000

13 George Street

3

2

-

24 Mar

130sqm

$1,800,000

41 George Street

3

1

-

6 Mar

70sqm

$1,203,000

45 George Street

2

2

-

10 May

83sqm

$1,325,000

33 Gipps Street

-

-

-

1 Apr

112sqm

$1,440,000

106 Glenmore Road

5

3

4

14 Apr

321sqm

Confidential

20 Glenview Street

4

1

1

10 May

184sqm

$2,278,000

33 Glenview Street

4

3

2

31 May

174sqm

$2,800,000

37 Glenview Street

3

2

-

28 May

186sqm

$2,360,000

52 Glenview Street

3

1

-

31 Mar

111sqm

$1,407,000

14 Goodhope Street

3

1

-

20 May

179sqm

$1,500,000

Address

Bed

Bath

Car

Sold Date

Land Size

Sale Price

51 Goodhope Street

3

1

-

5 Mar

84sqm

$1,373,500

80 Goodhope Street

3

2

1

5 Mar

164sqm

$1,950,000

69 Greens Road

3

1

-

24 May

97sqm

$1,340,000

103 Greens Road

3

1

-

12 Apr

80sqm

$1,340,000

35 Gurner Street

3

2

-

9 May

141sqm

$2,250,000

35 Hampden Street

4

3

2

19 Apr

142sqm

$2,360,000

7 Hargrave Street

2

1

-

1 Apr

125sqm

$1,345,000

47 Hargrave Street

3

2

-

7 Jun

134sqm

$1,412,500

70 Hargrave Street

3

2

-

4 Feb

116sqm

$2,125,000

82 Hargrave Street

4

2

1

7 Mar

163sqm

$3,050,000

150 Hargrave Street

4

4

2

5 Apr

163sqm

$2,350,000

1B Heeley Street

3

4

2

17 May

157sqm

Confidential

40 Heeley Street

3

1

-

10 Mar

111sqm

$1,400,000

11 Hoddle Street

2

1

-

22 Mar

74sqm

$980,000

19 Hoddle Street

2

1

-

24 May

67sqm

$875,000

25 Hoddle Street

3

2

-

3 May

134sqm

$1,440,000

33 Hopetoun Street

3

1

1

22 Mar

115sqm

$1,585,000

10 Iris Street

2

1

-

7 Feb

66sqm

$1,000,000

20 Jersey Road

3

1

-

18 Mar

110sqm

$1,180,000

40 Jersey Road

3

1

-

22 Feb

144sqm

$1,630,000

130 Jersey Road

3

2

1

29 Mar

154sqm

$2,420,000

17 Lawson Street

4

2

-

14 Jun

121sqm

$1,662,000

24 Lawson Street

3

1

1

20 Mar

144sqm

$1,550,000

84 Lawson Street

3

1

1

2 Jun

177sqm

$1,430,000

19 Little Comber Street

2

1

-

22 Mar

90sqm

$1,120,000

7 Liverpool Street

3

2

-

12 Apr

101sqm

$1,615,000

5 Macdonald Street

3

1

-

28 Feb

162sqm

$1,426,000

7 Macdonald Street

3

2

2

5 Jun

156sqm

$1,925,000

20 Macdonald Street

4

2

1

21 May

185sqm

$1,975,000

11 Martin Street

2

1

-

7 Mar

45sqm

$920,000

14 Mary Place

4

3

2

24 Mar

410sqm

$5,500,000

“As Seller’s Advocates, we have extremely high expectations and a very strict agent interview process. Simon was chosen as best of 3 agents due to his local knowledge, extensive experience, impressive track record and straightforward approach. A decision that proved to be accurate as during our dealings we found him to be an excellent communicator, genuine and trustworthy in his approach, and kept us up to date with all progress throughout the campaign. Simon and Stephen provide a very transparent process which is invaluable to us when advising our clients. We would have no hesitation in recommending them to anyone thinking of selling in the Eastern Suburbs of Sydney.”

252 Moore Park Road, Paddington - Kathryn Fantov

Paddington Sales from January - June 2014 (continued) Address

Bed

Bath

Car

Sold Date

Land Size

Sale Price

3 McGarvie Street

2

1

-

24 Feb

57sqm

$992,500

13 McGarvie Street

2

1

-

14 Apr

51sqm

$931,000

252 Moore Park Road

4

4

1

28 Jun

222sqm

Confidential

304 Moore Park Road

3

2

-

18 Mar

146sqm

$1,575,000

324 Moore Park Road

4

2

-

19 Feb

153sqm

$1,603,000

372 Moore Park Road

4

2

2

29 Mar

230sqm

$2,425,000

34 Napier Street

3

2

1

29 Mar

137sqm

$1,602,500

46 Norfolk Street

3

2

-

8 Apr

-

Confidential

17 Oatley Road

-

-

-

4 Apr

189sqm

$2,200,000

25 Oatley Road

4

1

1

26 Feb

178sqm

$2,360,000

65 Ormond Street

2

1

-

18 Mar

96sqm

$1,305,000

36 Paddington Street

3

1

-

15 Apr

94sqm

$1,585,000

65 Paddington Street

4

2

1

15 Jan

131sqm

$2,235,000

66 Paddington Street

5

4

3

18 Mar

287sqm

$4,700,000

114 Paddington Street

3

3

-

3 Feb

200sqm

$3,425,000

133 Paddington Street

4

2

1

3 May

169sqm

$2,250,000

152 Paddington Street

3

2

-

14 Mar

65sqm

$1,620,000

187 Paddington Street

3

2

-

27 May

172sqm

$1,880,000

23 Prospect Street

3

1

-

7 Mar

142sqm

$1,205,000

25 Queen Road

2

1

-

29 Mar

50sqm

$1,145,000

55 Regent Street

2

2

1

11 Apr

148sqm

$1,900,000

12 Renny Street

3

2

1

7 May

145sqm

Confidential

19 Renny Street

2

1

4

17 May

70sqm

$1,270,000

34 Renny Street

4

1

1

29 May

152sqm

$2,000,000

27 Selwyn Street

2

1

1

14 Apr

99sqm

$1,317,000

16 Shadforth Street

2

1

1

1 Apr

112sqm

$1,440,000

280 South Dowling Street

2

1

-

21 Feb

34sqm

$740,000

28 Stafford Street

2

1

1

29 Mar

120sqm

$1,280,000

7 Stephen Street

3

1

-

19 May

129sqm

$1,475,000

52 Stewart Street

3

2

-

18 Feb

152sqm

$2,106,000

56 Stewart Street

3

3

1

14 Jun

128sqm

$2,450,000

“We just wanted to take this opportunity to thank you and your team for all your assistance and support provided through the sale of our Paddington property. Living overseas meant we needed to appoint an advisor/agent that we trusted and someone that we could rely upon – we weren’t disappointed. The guidance you provided at the beginning of the sale process, the support around co-ordination of sub-contractors to undertake minor works prior to going to market and then management of interested parties was exceptional. We would have no hesitation recommending you to others.

Thank you again.”

53 Liverpool Street, Paddington - Stuart and Tanya Carmichael

Address

Bed

Bath

Car

Sold Date

Land Size

Sale Price

22 Suffolk Street

4

3

1

29 Mar

116sqm

$2,520,000

23 Sutherland Avenue

2

1

-

29 May

67sqm

$1,150,000

27 Sutherland Avenue

2

1

-

20 May

113sqm

$1,150,000

66 Sutherland Street

3

2

1

5 Apr

113sqm

$1,830,000

89 Sutherland Street

4

1

1

16 Jun

155sqm

$2,200,000

120 Sutherland Street

2

1

-

31 May

89sqm

$1,275,000

209 Sutherland Street

3

2

1

10 Mar

117sqm

$1,400,000

1 Taylor Street

2

1

-

31 May

73sqm

$980,000

54 Underwood Street

2

1

-

12 Apr

174sqm

$1,000,000

76 Underwood Street

3

1

-

12 Apr

103sqm

$1,288,000

103 Underwood Street

4

2

-

21 May

105sqm

$1,630,000

145 Underwood Street

3

1

-

18 Feb

114sqm

$1,408,000

160 Underwood Street

3

2

1

15 Mar

134sqm

$1,995,000

174 Underwood Street

3

2

-

3 May

229sqm

$2,210,000

175 Underwood Street

5

3

3

1 May

173sqm

$5,000,000

201 Underwood Street

2

1

-

29 May

52sqm

$1,051,000

208 Underwood Street

2

1

-

24 May

113sqm

$1,211,000

249 Underwood Street

3

2

1

7 Mar

133sqm

$1,730,000

41 Union Street

2

1

-

28 Jun

101sqm

$1,420,000

43 Union Street

2

1

-

31 May

102sqm

$1,385,000

44 Walter Street

3

1

-

24 May

77sqm

$1,350,000

2 West Street

2

1

-

15 Feb

72sqm

$1,103,000

44 Windsor Street

4

2

2

22 Feb

193sqm

$4,800,000

57 Windsor Street

3

1

-

16 Jun

140sqm

$1,815,000

90 Windsor Street

2

2

1

18 Mar

99sqm

$1,500,000

103 Windsor Street

3

2

1

7 Mar

123sqm

$2,110,000

This information in this report is being provided by Australian Property Monitors, RP Data and MARS (McGrath’s CRM System), its accuracy cannot be guaranteed. Parties should rely on their own enquires and McGrath will not be liable for error or admissions herein.

mcgrath.com.au