Campbelltown Quarterly Market Report - April 2015
What’s happening in your local property market?
Market Report - Campbelltown From RACHEL MACKENZIE-SMITH, your local property expert in Campbelltown
It’s a BOOM out there! Hi, its Rachel here from Prudential Real Estate and welcome to our latest quarterly report for Campbelltown in 2015. Over the last three months we’ve seen a spectacular property boom! With another cut to interest rates, consumer confidence is at an all time high so it is an exciting time for Campbelltown homeowners to cash-in while the local market is hot.
Our office has been involved in some record-setting sales in recent times, including the beautifully presented two bedroom townhouse nestled away at 2/2-6 Meriel Street, Campbelltown, which fetched in excess of $50,000 above its expected sale price. A few other notable sales in the local area include the sale of 10 Rosalind Crescent for $541,000 and the stand out sale of 17 Peggotty Avenue, Ambarvale. This 4 bedrooms, 2
• 1 Deveron Place, St Andrews for offers over $430,000 First home buyers should be thrilled by the news that land releases are ongoing in such suburban areas as Appin, Oran Park and Spring Farm, but lots are selling up fast. Just recently, we were astounded by the Macarthur Heights land release sale which claimed a sales record, selling out in half an hour! As we reflect on what has occurred in the first quarter of 2015, we can’t wait to see what the second quarter will bring. So if you are looking to make the move, call us now. Thanks for your time, I’m Rachel and I look forward to speaking with you soon.
Contact me today for property advice and help in CAMPBELLTOWN and surrounding suburbs RACHEL MACKENZIE-SMITH
M: 0413 955 522 2/2-6 Meriel Street, Campbelltown SOLD by Prudential Real Estate We have seen an increase in buyers attending our open homes with over 70% being investors. This is not a surprise, as Realestate.com.au stated in a recent blog that Campbelltown ranked 7th on the top ten most searched suburbs for New South Wales. Achieving higher than anticipated sales prices in the last quarter, it is an encouraging time for homeowners to consider selling. If you’re not thinking of selling right now I would be locking in my mortgage rate with your bank. Interest rates are unlikely to go lower so now's the time to nail down your repayments for the next 12 months. Need help with this? Call me at any time.
bathroom stunner was offered to the market at offers over $460,000 and attracted over 26 buyers- selling for $555,000 8 AMAZING! The local market has been crowded with demand with most houses selling by the first weekend on the market, this quarter. This fact should not discourage buyers as this trend is slowly curbing and there are still great value properties popping onto the market, across the Macarthur region. Recently-listed gems include 8.. • 104 Bellinger Road, Ruse for offers over $470,000 8 and, • 1b Granite Place, Eagle Vale for offers over $540,000 8 and,
CAMPBELLTOWN - Sales Statistics (Houses) Year
# Sales
Median
Growth
Low
High
1997
123
$ 109,000
0.0 %
$ 5,362
$ 333,800
1998
145
$ 119,500
9.6 %
$ 6,000
$ 612,000
1999
188
$ 131,000
9.6 %
$ 5,500
$ 1,121,000
2000
153
$ 147,000
12.2 %
$ 37,500
$ 775,000
2001
200
$ 170,000
15.6 %
$ 43,828
$ 2,200,000
2002
217
$ 230,000
35.3 %
$ 11,250
$ 905,000
2003
213
$ 280,000
21.7 %
$ 5,400
$ 4,600,000
2004
155
$ 300,000
7.1 %
$ 148,313
$ 2,791,800
2005
144
$ 286,000
-4.7 %
$ 16,500
$ 2,000,000
2006
166
$ 280,000
-2.1 %
$ 2,300
$ 730,000
2007
160
$ 260,000
-7.1 %
$ 40,000
$ 1,430,000
2008
157
$ 260,000
0.0 %
$ 44,000
$ 4,500,000
2009
184
$ 295,000
13.5 %
$ 10,000
$ 3,400,000
2010
135
$ 312,000
5.8 %
$ 67,500
$ 1,550,000
2011
144
$ 310,000
-0.6 %
$ 6,000
$ 620,000
2012
131
$ 335,000
8.1 %
$ 95,000
$ 2,600,000
2013
185
$ 369,000
10.1 %
$ 3,100
$ 900,000
2014
241
$ 438,000
18.7 %
$ 2,500
$ 6,000,000
2015
30
$ 475,100
8.5 %
$ 200,000
$ 640,000
Median Sale Price
$450k Based on 219 recorded House sales within the last 12 months (Apr '14 - Mar '15) Based on a rolling 12 month period and may differ from calendar year statistics
Suburb Growth
+18.4% Current Median Price: $450,000 Previous Median Price: $380,000 Based on 421 recorded House sales compared over the last two rolling 12 month periods
Prepared on 25/05/2015 by Prudential Real Estate Campbelltown. Š Property Data Solutions Pty Ltd 2015 (pricefinder.com.au) The materials provided are distributed as an information source only. Š The State of New South Wales (Land and Property Information - LPI) May/2015. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 04/05/15 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.
CAMPBELLTOWN - Peak Selling Periods
CAMPBELLTOWN - Price Range Segments
Prepared on 25/05/2015 by Prudential Real Estate Campbelltown. Š Property Data Solutions Pty Ltd 2015 (pricefinder.com.au) The materials provided are distributed as an information source only. Š The State of New South Wales (Land and Property Information - LPI) May/2015. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 04/05/15 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.
CAMPBELLTOWN - Median Weekly Rents (Houses) Suburb Sale Price Growth
+18.4% Current Median Price: $450,000 Previous Median Price: $380,000 Based on 421 registered House sales compared over the last two rolling 12 month periods.
Bedroom Breakdown
Suburb Rental Yield
+4.5% Current Median Price: $450,000 Current Median Rent: $390 Based on 264 registered House sales compared over ther last 12 months.
CAMPBELLTOWN - Median Weekly Rents (Units) Suburb Sale Price Growth
+21.2% Current Median Price: $389,000 Previous Median Price: $321,000 Based on 282 registered Unit sales compared over the last two rolling 12 month periods.
Bedroom Breakdown
Suburb Rental Yield
+4.8% Current Median Price: $389,000 Current Median Rent: $360 Based on 181 registered Unit sales compared over ther last 12 months.
Prepared on 25/05/2015 by Prudential Real Estate Campbelltown. Š Property Data Solutions Pty Ltd 2015 (pricefinder.com.au) The materials provided are distributed as an information source only. Š The State of New South Wales (Land and Property Information - LPI) May/2015. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 04/05/15 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.
CAMPBELLTOWN - Recently Sold Properties
Median Sale Price
Suburb Growth
# Sold Properties
$450k
+18.4%
219
Based on 219 recorded House sales within the last 12 months (Apr '14 - Mar '15)
Current Median Price: $450,000 Previous Median Price: $380,000
Based on recorded House sales within the 12 months (Apr '14 - Mar '15)
Based on a rolling 12 month period and may differ from calendar year statistics
Based on 421 recorded House sales compared over the last two rolling 12 month periods
Based on a rolling 12 month period and may differ from calendar year statistics
14 COLLEGE RD
8 BARTRAM RD
50 CONDAMINE ST
$460,000
May
May
2015 30 Days
$646,000
May
2015 556 m²
3
1
1
28 BRISBANE RD
28 Days
$485,000
2015 292 m²
4
2
2
35 KENDALL ST
21 Days
$556,000
May
May
May
2015
2015
21 Days
24 Days
27 Days
1
1
71 LITHGOW ST
556 m²
3
1
2
4 NANO PL
May
May
May
2015
2015
33 Days
13 Days
2
2
1
1
$495,000
17 Days
4
556 m²
$699,950
2015 5
1
99 LINDESAY ST
$690,000
721 m²
1
$460,000
2015 3
3
6 HIGH ST
$535,000
556 m²
726 m²
631 m²
4
2
2
554 m²
3
1
4
Prepared on 25/05/2015 by Prudential Real Estate Campbelltown. © Property Data Solutions Pty Ltd 2015 (pricefinder.com.au) The materials provided are distributed as an information source only. © The State of New South Wales (Land and Property Information - LPI) May/2015. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 04/05/15 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.
LOT 1132 MACARTHUR HEIGHTS
19 RAYMOND AVE
144 LINDESAY ST
$589,850
$511,000
$725,000
May
May
May
2015
2015
2015
206 Days
10 Days
21 Days
4
2
2
89 BROUGHTON ST
556 m²
3
1
2
100 LINDESAY ST $643,000
May
Apr
Apr
2015
2015
4
2
2
90 HODDLE AVE
73 Days
632 m²
6
Apr
2
Apr
4
1
1
20 RANDOLPH ST
14 Days
16 Days
4
1
3
28 Days
310 m²
3
2
1
40 RAYMOND AVE $640,000
$522,100
Apr
Apr
Apr
2015
2015
22 Days
14 Days
7 Days
1
2
$552,000
2015 1
2
Apr
1 BALBOA ST
3
4
2015 708 m²
$460,000
556 m²
438 m²
$535,000
2015 930 m²
2
9 FAIRCHILD RD
$630,000
19 Days
4
40 HODDLE AVE
2015
2
$735,000
2015 923 m²
5
42 PALEY ST
$630,000
266 Days
708 m²
265 m²
4
2
2
588 m²
3
1
1
Prepared on 25/05/2015 by Prudential Real Estate Campbelltown. © Property Data Solutions Pty Ltd 2015 (pricefinder.com.au) The materials provided are distributed as an information source only. © The State of New South Wales (Land and Property Information - LPI) May/2015. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 04/05/15 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.
CAMPBELLTOWN - Properties For Rent
Median Rental Price
Rental Yield
Number of Rentals
$390 /w
+4.5%
264
Based on 264 recorded House rentals within the last 12 months (Apr '14 - Mar '15)
Current Median Price: $450,000 Current Median Rent: $390
Based on recorded House rentals within the last 12 months (Apr '14 - Mar '15)
Based on a rolling 12 month period and may differ from calendar year statistics
Based on 219 recorded House sales and 264 House rentals compared over the last 12 months
Based on a rolling 12 month period and may differ from calendar year statistics
9 FAIRCHILD RD
95 LINDESAY ST
CAMPBELLTOWN
$500
$370
$450 per
May
May
May
2015
2015
2015
3 Days
3 Days
4 Days
310 m²
3
2
1
14/40 PARKSIDE CRES
538 m²
3
1
1
15 GENTY ST $380
May
May
May
2015
2015
4 Days
4 Days
5 Days
2
2
2A LILIAN ST
796 m²
2
1
-
28 BRISBANE RD
May
May
2015
2015
2
3
1
5 Days
556 m²
2
2
$400
May
3
374 m²
$450
2015 645 m²
1
71 CHAMBERLAIN ST
$425
5 Days
1
$490 pw
2015 2
4
6 CARLTON RD
$470
1,192 m²
664 m²
3
1
1
6 Days
406 m²
3
1
1
Prepared on 25/05/2015 by Prudential Real Estate Campbelltown. © Property Data Solutions Pty Ltd 2015 (pricefinder.com.au) The materials provided are distributed as an information source only. © The State of New South Wales (Land and Property Information - LPI) May/2015. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 04/05/15 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.
19/7-9 KING ST
11 INNES ST
12-20 TYLER ST
$430
$500
$370
May
May
May
2015
2015
2015
7 Days
3,451 m²
3
2
2
4/2 MEREIL ST
7 Days
968 m²
4
1
40 RAYMOND AVE
May
May
1
1
10 SANTANA RD
11 Days
3
1
1
12 Days
May
May
2015
2015
13 Days
13 Days
2
15 TYLER ST
563 m²
3
1
1
13 SEDDON PL
582 m²
3
$370
1
2
$400
May
May
Apr
2015
2015
2015
16 Days
24 Days
26 Days
1
1
28/7-9 KING ST
$390 Weekly
1
1
$390
May
3
4
$395
12 Days
569 m²
746 m²
111 LINDESAY ST
2015 2
1
May
$530
4
1
2015 588 m²
69 MACQUARIE AVE
377 m²
1
$380 per
2015 2
2,977 m²
$400
2015 1,818 m²
8 Days
48 CORDEAUX ST
$350
11 Days
2
575 m²
3
1
1
3,451 m²
2
2
1
Prepared on 25/05/2015 by Prudential Real Estate Campbelltown. © Property Data Solutions Pty Ltd 2015 (pricefinder.com.au) The materials provided are distributed as an information source only. © The State of New South Wales (Land and Property Information - LPI) May/2015. Contains property sales information provided under licence from the Department of Finance and Services, Land and Property Information (LPI) Issue Date: 04/05/15 and may be combined with property attribute data and photographs from other third party data sources. Ownership information derived from Non-Government sources. Please use as a guide only. Neither Veda nor LPI make any representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. Veda is authorised as a Property Sales Information provider of the Department of Finance and Services, Land and Property Information.
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Recipients of this report are reminded that, although due care has been taken in the preparation of the within contained material, prospective property buyers, sellers and investors are always best served by making their own independent inquiries before entering into any real estate transaction. This report has been prepared for the sole and exclusive use of Prudential Real Estate clients and customers. The whole of the contents and design are protected by copyright. COPYRIGHT Š Michael O'Sullivan 2001-2015
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