HUNTERS HILL WOOLWICH HENLEY HUNTLEYS COVE HUNTLEYS POINT LINLEY POINT EDITION
End of financial year report 2018 Tracey Dixon
A word from Tracey Dixon Our McGrath Hunters Hill team have achieved some amazing results in the area across all price points during the last Financial Year which we have outlined over the following pages, with new records set and the prestige sector of the market really coming into its own. My team at McGrath were accountable for 42% of the local house sales during the 2017/18 year and as we enter FY19 I feel that working with an agent who understands the local trends, meets more buyers and negotiates more sales will become more important than ever before. As we reflect on the realestate market of Financial Year 18 there was no doubt that we saw a significant shift in the local and greater Sydney market with a definite ‘softening’ off the back of an above average period of price growth. With the new Financial Year now upon us, many home owners wonder what the new selling cycle will hold? My observations for FY19 is that we are now dealing with a more level playing field, particularly for buyers. I do believe that demand for premium suburbs and homes will continue throughout the Spring market, despite the recent downturn. Early stages of this Financial Year have seen auction clearance rates drop to around 54% and the average days on market for some properties to sell becoming extended. With increased media scrutiny and evidence of tighter financing, we have witnessed fewer buyers at open home inspections. Whilst the Sydney market will continue to plateau and buyers & sellers alike adapt to the new financial environment, we know that Spring is set to offer some wonderful buying opportunities within the local area. Sellers who adjust to market conditions will be sure to find the right buyers for their home. As always, Hunters Hill and the adjoining suburbs continue to grow in demand & remain good value in comparison to similar prestige suburbs in the Eastern Suburbs and Lower North Shore, and I am confident that growth in the local prestige sector of the market will remain strong. As always, we hope you find our update interesting and informative. I look forward to hearing from you if you wish to discuss any of your real estate plans.
A word from John McGrath Now that we´ve hit the mid-year point, it´s an opportune time to drop a pin in the market and see what´s really going on. Of course, the headline this year is the market turn in Sydney and Melbourne. We are currently well into the cooling process. While some suburban pockets are still recording price rises due to local factors, both cities overall are slowing down. Typically, when Sydney and Melbourne slow down, that´s when other cities start to shine so the national picture will be very interesting over the next 24 months. Which city or cities will become our next big market movers?
I think Brisbane and South-East Queensland present the best opportunities for value and growth. I still have a lot of confidence in this market, with high levels of interstate migration and more southern investors looking to buy. Looking ahead to FY2019, it´s obvious that Sydney and Melbourne will continue to cool. At some point, prices will settle and we´ll see more normal rates of steady, conservative growth for several years. It´s a matter of time til interest rates rise, so with the market softening I see FY2019 as a great time to be prudent, pay down debt where you can and in a better position yourself to absorb any rate rises ahead.
House statistics 2110 postcode FY17/18 All agencies combined
McGrath share
101
43
Number of houses sold
Highest sale price
Lowest sale price
Median Sale price
Total Value of Sales
$13.5m McGrath sale
$1.472m
$2.615m
Over $343m
Sales & growth chart for Hunters Hill/Woolwich 2013
120
2014
sales
2015
sales
2016
sales
2017
sales
2018
sales
Median sale price $0
sales
128
143
131
111
101
$500k
$1m
$1.5m
$2m
$2.5m
$3m
Notes: This information is being provided by Australian Property Monitors based on exchanged sales. Its accuracy cannot be guaranteed. Parties should rely on their own enquiries and McGrath will not be liable for errors or admissions here in. Other sources referenced: Corelogic RP Data, MARS (McGrath’s CRM System, 1.07.2017 – 30.6.2018)
Premier sales in FY18
18 The Point Road, Woolwich Suburb highest price sale in FY18
2 Viret Street, Hunters Hill
Source: RP Data.
Apartment statistics 2110 postcode FY17/18 All agencies combined
McGrath share
42
5
Number of apartments sold
Highest sale price
Lowest sale price
Median Sale price
Total Value of Sales
$5.65m
$462k
$1.15m
$59.646m
Sales & growth chart for Hunters Hill/Woolwich 2013
61 80
sales
91
2014
sales
2015
sales
2016
sales
2017
sales
2018
sales
Median sale price $0
64
52
68
42
$250k
$500k
$750k
$1m
$1.25m
Notes: This information is being provided by Australian Property Monitors based on exchanged sales. Its accuracy cannot be guaranteed. Parties should rely on their own enquiries and McGrath will not be liable for errors or admissions here in. Other sources referenced: Corelogic RP Data, MARS (McGrath’s CRM System, 1.07.2017 – 30.6.2018)
A selection of Team Dixon strata sales
5/30 St Malo Avenue, Hunters Hill
2/31 Church Street, Hunters Hill
215/64 Gladesville Road, Hunters Hill
16/71 Ryde Road, Hunters Hill
2/10 Mount Street, Hunters Hill
Top 20 house sales in FY 17/18 – postcode 2110 No
Address
Bed Bath Car
Sale date
Land size
18
The Point Road, Woolwich
5
4
3
9-Mar-18
1251sqm
2
Viret Street, Hunters Hill
8
4
4
19-Jan-18
1669sqm
3
Jeanneret Avenue, Hunters Hill
7
4
3
6-Feb-18
2346sqm
52
Woolwich Road, Hunters Hill
4
3
2
1-Mar-18
1410sqm
6
Collingwood Street, Woolwich
6
5
2
15-May-18
847sqm
1
Aspinall Place, Woolwich
4
4
5
24-Apr-18
702sqm
12
Reiby Road, Hunters Hill
5
4
2
18-Jan-18
683sqm
3
Wandella Avenue, Hunters Hill
5
5
4
2-Mar-18
973sqm
23
Lyndhurst Crescent, Hunters Hill
5
3
2
7-Apr-18
859sqm
22
Lyndhurst Crescent, Hunters Hill
4
5
2
12-Apr-18
539sqm
4
Alexandra Street, Hunters Hill
5
3
2
25-Oct-17
1227sqm
3
Passy Avenue, Hunters Hill
5
3
10
21-Nov-17
860sqm
88
Park Road, Hunters Hill
5
4
2
28-Apr-17
658sqm
37C The Point Road, Woolwich
4
3
2
13-Nov-17
803sqm
13
Farnell Street, Hunters Hill
5
4
2
1-May-17
818sqm
27
Glenview Crescent, Hunters Hill
4
2
2
17-Apr-17
759sqm
13
Euthella Avenue, Hunters Hill
4
3
4
24-Apr-17
993sqm
4
Campbell Street, Hunters Hill
4
4
2
20-Sep-17
873sqm
13
Moorefield Avenue, Hunters Hill
3
1
3
23-Jun-17
1693sqm
3
Elgin Street, Hunters Hill
5
4
2
28-Mar-17
544sqm
Source: RP Data. Properties marked in orange are sold by McGrath.
Market share – Hunters Hill/Woolwich house sales
• • • • •
17%
McGrath Belle Property Bresic Whitney Ward Parnters 10 agencies combined
7% 42% 23% 11% Source: RP Data, Pricefinder & MARS
Where do our buyers come from? 16 14
10
Inner West
Northern Suburbs
Upper North Shore
Western Suburbs
Eastern Suburbs
0
Lower North Shore
2
Overseas
4
Regional NSW
6
Hunters Hill/Woolwich
8
South-west
No. of buyers
12
Source: MARS (McGrath's CRM System)
Linley Point Total Value
$4.9m
No. of Sales
1
Lowest sale price
$4.9m
Highest sale price
$4.9m
Average sale price
$4.9m
Henley Total Value
$18.251m
No. of Sales
7
Lowest sale price
$850k
Highest sale price
$3.85m
Average sale price
$2.607m
Huntleys Cove Total Value
$32.461m
No. of Sales
19
Lowest sale price
$725k
Highest sale price
$4.85m
Average sale price
$1.708m
Huntleys Point No sales results recorded for FY18
111 Nicholson Street, Surry Hills Sold $1m
A selection of McGrath Hunters Hill recent sales
11 Boronia Avenue, Hunters Hill Sold
95 Ryde Road, Hunters Hill Sold
2 Bernard Avenue, Gladesville Sold
12 Pitt Street, Hunters Hill Sold
10 Boronia Avenue, Hunters Hill Sold
12 Amiens Street, Gladesville Sold
4 Campbell Street, Hunters Hill Sold
9 Abigail Street, Hunters Hill Sold
97 Park Road, Hunters Hill Sold
15 Mary Street, Hunters Hill Sold
31 Pellisier Road, Putney Sold
3 D'Aram Street, Hunters Hill Sold
A selection of McGrath Hunters Hill recent sales
12 Reiby Road, Hunters Hill Sold
37C The Point Road, Woolwich Sold
3 Passy Avenue, Hunters Hill Sold
Location shot
5 Garrick Avenue, Hunters Hill Sold
86 Woolwich Road, Woolwich Sold
13 Martin Street, Hunters Hill Sold
64 Ryde Road, Hunters Hill Sold
5 Reserve Street, Hunters Hill Sold
26A Alexandra Street, Hunters Hill Sold
9 George Street, Hunters Hill Sold
24 Aston Street, Hunters Hill Sold
9 Passy Avenue, Hunters Hill Sold
A selection of McGrath Hunters Hill recent sales
50 The Point Road, Woolwich Sold
3 Elgin Street, Woolwich Sold
27 Glenview Crescent, Hunters Hill Sold
49 Blaxland Street, Hunters Hill Sold
9 De Milhau Road, Hunters Hill Sold
4 Augustine Street, Hunters Hill Sold
6 Boronia Avenue, Hunters Hill Sold
29 Bonnefin Road, Hunters Hill Sold
29 Delmar Parade, Gladesville Sold
28 Auburn Street, Hunters Hill Sold
139 Ryde Road, Hunters Hill Sold
32A Barons Crescent, Hunters Hill Sold
Why Tracey Dixon
20+ years $156m 45 40
Total value of properties sold in FY18
Number of properties sold in FY18
Our average days on the market
$3.505m 73% 5
Real estate industry experience
Our average sale price
Auction clearance rate
Highly experienced McGrath team members
50%
Sold 9 out of 10 top sales in 2017
Source: MARS (McGrath CRM)
Testimonials The experience of supporting your local community is very rewarding and each year I pride myself in giving back to local schools, organisations, events and businesses. In FY17/18 I proudly Tracey and her team are truely experts in their field. They always were available at any time of the day or night to answer any questions or communicate what our next strategy would be. Would highly recommended them to anyone interested in buying or selling.
We recently sold with Tracey & Nick from McGrath Hunters Hill. We bought our house through Tracey and after watching her continual success in the area, it was an easy decision to have her sell the house again. At all times Tracey & Nick worked professionally, provided continual feedback and above all else achieved a result we are very happy with. We would highly recommend Tracey & Nick when selling your house.
10 St Malo Avenue, Hunters Hill
15 Mary Street, Hunters Hill
Finding the right home can be an emotional and stressful process. When you walk into the right home, you just know that it will be the home for you and your family. Tracey was wonderful to deal with and was honest from the start. She has excellent local market knowledge of the area and she kept me informed throughout the process. Tracey and her team were professional and great to deal with and made the experience a positive one.
Tracey and her team achieved a great result for us! Throughout the process she was extremely hardworking, professional, kept us very well informed, and set accurate expectations. We wouldn't hesitate to work with Tracey again.
50 The Point Road, Woolwich
3 D’Aram Street, Hunters Hill
Having brought and sold previous properties with Tracey Dixon she yet again didn't disappoint. Living overseas her great team dealt with all the aspects of getting our house ready to go to the market. We would highly recommend Tracey Dixon to sell your property. 9 Vernon Street, Hunters Hill
Sponsorship The experience of supporting your local community is very rewarding and each year I pride myself in giving back to local schools, organisations, events and businesses. In FY17/18 I proudly sponsored several community events which I look forward to being involved with again. • Hunters Hill Art Exhibition • Villa Maria Primary School • Hunters Hill Junior Rugby Club
Rate My Agent 2017 & 2018 Agent of the year
®
2018
AGENT
OF THE YEAR
AWARD WINNER
HUNTERS HILL NSW
“We meet more buyers than any other Hunters Hill agent.”
Tracey Dixon 0412 443 352 9816 8130 traceyd@mcgrath.com.au