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nqlionql REAL ESTATE Northlink

April

- June 2O1O

Sl lves Comporolive Morket Anolysis.

Roseville

Sl. lves

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Linking the North Shore


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Hello and welcome to the second quarterly update รor 2010 on the St lves Propertv Market

The property market has seen a lot of activity in the early stages of 2010 with strong demand, which has led to high auction clearance rates and marked growth in residential real estate values. However, the effect of both national & international economic occurrences such as the compounding effect of six interest rate rises since October 2009, tightened lending criteria by the banks and the worsening financial crisis faced by Greece have all contributed to the softening of auction clearance rates. Although auctions only represent a small proportion of dwelling transactions, it is a good representation of buyer confidence and demand.

Another topic of conversation, which is on everyone's lips at the moment is the Government's planned super profit tax on the mining industry. Wยกth several future mining projects either currently on hold or cancelled as a result of the new tax, it may still be too early to tell if the reduced employment levels within the industry is having a direct effect on consumer demand here in Sydney, but Queensland and Western Australia are already showing side effects of cooling consumer sentiment as a result of the new reform. Looking more on the bright side, in a bid to make buying a house more affordable in Sydney, the NSW Government has announced it will no longer charge stamp duty on homes that are "bought off the

this option, the exemption only applies so long as no construction has commenced on the development. Many buyers have already been caught out because concrete slabs had been laid at the time of their purchase!!

Brenton Green 0438 673 858

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How many homes were sold in St lves during the last quarter?

92

How many properties were listed for Auctlon?

35

How many were withdrawn from Auction?

12

How many properties sold at Auction?

21

What was the Auction clearance rate? What was the average days on market?

Average price discounting

60% 66

6.41%

What was the Lowest recorded Unit Sale Price?

$400,000

What was the Highest recorded Unit Sale P¡ïce?

$2,000,000

What was the Lowest recorded House Sale Price?

$765,000

What was the Highest recorded House Sale Price?

52,100,000

Present Quarter Median Unit Price Present Quarter Median House Price

$582,000 $995,000

Ghange in Median House Price (% Ghange)

13.39%

Which street had the most recorded sales?

Memorial Avenue


Most Recenl House Soles in St lves llll!¡lltrlrrl¡rrrrrrrl¡l¡lllltlllll¡rrl¡arrrrrrarltt¡t¡tt¡tltlltll¡tt¡lllttt

Property

Sale Date

Sale Price Summary

5 Dallas Place

lgth June,2010

$1,

27 Gollins Road

16th

21 Banool Ave 60 Timbarra Road

100,000

4 bed,3 bath, 2car,957sqm

June,2010

$1,030,000

4 bed,4 bath, 2car,938sqm

16th

June, 2010

$980,000

4 bed,2 bath, 2car,S42sqm

15th

June,2010

$l

,425,000

5 bed, 3 bath, 2 car,1680sqm

8 Elizabethan Place 14th June,2010

$1,030,000

4 bed,2bath,3 car, l000sqm

7 Brookfield Place

14th

June,2010

$1,300,000

4 bed,3 bath, 2car,1200sqm

4 Majura Glose

llth June,2010

$1,285,000

4 bed, 2bath, 2 car,936sqm

6 Jefferson Ave

1Oth

June,2010

$805,000

Vacant Land,845sqm

4 Gresta Close

lOth June, 2010

$1,200,000

4 bed,3 bath, 2car,930sqm

20 Brallas Ave

8th

June, 2010

$1,155,000

5 bed, 3 bath, 2car,929sqm

58 Bimburra Ave

Sth

June, 2010

$1,325,000

5 bed, 3 car, 2car,872sqm

33 Warrimoo Ave

30th May, 2010

$942,500

3 bed,

10 Lawson Pde

28th May, 2010

$2,100,000

5 bed, 4 bath, 4car,96lsqm

4l Catherine Sreet

25th May, 20'10

3 bed, 1 bath, 1car,697sqm

95 Gambourne Ave

25th

25 Kanoona Ave

23'd May,2010

$930,000 $962,500 $989,000

3bed,

39 Mudies Road

22d May,2010

$1,790,000

5 bed, 3 bath, 3 car, 936sqm

33 Nicholson Ave

20th May, 2010

$1,030,000

4 bed,4 bath, 2car,923sqm

409 Mona Vale Rd

20th May,2010

3bed, 2bath,2car,739sqm

12 Palm Street

lSth May, 2010

$995,000 $900,000

May,20l0

2bath,1 car,96lsqm

3 bed,2 bath, 2car,986sqm

I bath,1car,714sqm

4 bed,2 bath, 2car,961sqm

All care is taken to provide accurate data. All information is sourced from Australian Property Monitors. This market place report contains properties sold by Northlink First National and other agencies*


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5 Dallas Place

27 Collins Road

21 Banool Ave

8 Elizabethan Pl

7 Brookfield Pl

4 Majura Cl

4 Gresta Close

20 Brallas Ave

60 Timbarra Road

6 Jefferson Ave

58 Bimburra Ave

33 Warrimoo Ave

4l Catherine Street

95 Cambourne Ave

25 Kanoona Ave

33 Nicholson Ave

409 Mona Vale Rd

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l0 Lawson

Pde

39 Mudies Rd

12 Palm St


Mosl Recenl House Soles in Sl lves Property

Sale Date

Sale Price Summary

23 Marlborough Pl

l4th May, 2010

4 Caringal Pl

1Oth

May, 2010

$805,000 $900,000

4 bed,2 bath, 2car,956sqm

l6 Pindari Ave

1Oth

May, 2010

$1,225,000

4 bed, 2 bath, 2car,986sqm

63 Lynbara Ave

10th May, 2010

$870,000

4 bed,2 bath,2car,930sqm

98 Douglas Street

8th May, 20'10

$1,285,000

4 bed, 2bath, 2 car,936sqm

5l

8th May, 2010

$1,026,000

3 bed, 1 bath, 2car,980sqm

7th May, 2010

$1,090,000

5 bed, 3 bath, 3 car,941sqm

35 Greenvalley Ave

7th May, 2010

$1,305,000 4 bed,3

12The Gloisters

6th May, 2010

$1,700,000

5 bed, 4 bath, 3 car, 930sqm

9 Lowry Gr

Sth

May, 2010

$940,000

3 bed, 2bath,4 car,1200sqm

4 Marlborough Pl

3'd May, 2010

74 Alvona Ave

30th

April, 2010

$1,680,000 5 bed,3

3l

30th

April, 2010

$1,125,000

5 bed, 2 bath, 2car,2006sqm

17 Shinfield Ave

29th

April, 2010

4 bed, 2bath,2car,1154sqm

l2

29th

April, 2010

$910,000 $935,000

27 Torokina Ave

27th Apnl,2010

$1,730,000

5 bed, 4 bath, 2 car,l l44sqm

25 Milburn Pl

27th April,2010

$1,150,000

5 bed, 3 bath, 2 car,1268sqm

34 Hayle Street

22nd April,2010

$1,800,000

5 bed, 3 bath, 2car,968sqm

4 Bundabah Ave

lgth April, 2010

$855,000

3 bed,

24 Cambourne Ave

8th

$1,125,000

4 bed, 3 bath,

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Stanley Street

Whitmont Gr

Eastern Arterial Rd

Monterey St

April, 2010

3 bed, 2bath,2car,936sqm

bath, 2car,l821sqm

$1,541,000 4 bed,3 bath,3 car, l092sqm bath, 2car,943sqm

3 bed, 2bath,2car,1043sqm

I

bath, 2car,8O3sqm

2car,ll38sqm

All care is taken to provide accurate data. All information is sourced from Australian Property Monitors. This market place report contains properties sold by Northlink First National and other agencies*


Mosl Recenl House Sqles in St lves tlrl¡rt¡lllrl¡l¡traar¡rlrr¡artrrr¡ra¡lttlaalal¡ra¡¡¡a¡rrlr¡r¡rrr¡¡rallllllll

23 Marlborough Pl

4 Garingal Pl

16 Pindari Ave

63 Lynbara Ave

98 Douglas Street

5l Stanley Street

I Whitmont Gr

35 Greenvalley Ave

12The Cloisters

9 Lowry Cr

4 Marlborough Pl

74 Alvona Ave

12 Monterey St

27 Toroktna Ave

3l Eastern Arterial

25 Milburn Pl

l7 Shinfield

Ave

34 Hayle St

4 Bundabah Ave

24 Cambourne Ave


firsl

nqliono ,, ,. REAL ESTAT OfïnllnK ,

uthat is your

property Lt)orth? When the time comes to sell your home, one of the most important decisions to make is the price to ask for your property. A realistic marketing strategy will assure you of two things: . Obtaining your asking price or very close to it; and

. Making the sale sooner Using the information provided in this quarterly market analysis, coupled with the expert local knowledge from Northlink First National, you'll be able to form an estimated judgement as to the realistic price range for your property when the time comes to sell your most prized asset. The sale price of your home should be based on prices achieved recently for similar

.:l:.::li::.::ï:.1:::l:::::::::::.....¡.!¡..!¡¡!...¡..........¡.r¡..!.!.. When, you wünt to sell

StrLL WELL... Brrnton Grrrn

0438 673 B5B

St Iues Most Genuine Seruice llll¡lrrlrllrrrrll!¡lrrlrrll¡tltrrtr¡rr¡rrrrt!¡tat¡lt¡t¡tllltrr¡ll¡lrrr¡!¡tltr


CMA Quarter 2, 2010