TOMAREE PENINSULA QUARTERLY MARKETPLACE REPORT PROPERTIES SOLD 1ST OCTOBER - 31ST DECEMBER 2014
A MESSAGE FROM DANIEL O’MEARA 2014 ended with an incredibly strong local real estate market and 2015 is showing signs of being the same if not stronger. Plenty of buyer demand and fewer homes on the market has seen some fantastic prices achieved throughout the peninsula and a dramatic reduction in the average time to sell a property. The market has been very strong through all price ranges and this looks set to continue. With vacant land at Corlette quickly drying up I’d expect to see strong growth in prices for established homes this year as well as for those well located, renovated or ripe for renovation properties. Anything with a substantial water view has been hard to come by and has seen really strong competition between buyers. Speaking of strong competition, Auction continues to be the leading method for achieving phenomenal results, buyers have been providing very strong offers on auction properties and this has led to a massive increase in the number of properties sold prior to auction as buyers have been willing to pay a premium to ensure they secure the property. Considering selling? Or simply need some advice? Give any of our friendly team a call on 02 4980 4400 for obligation free, professional advice.
TOMAREE PENINSULA STATISTICS Median sale price
44%
Houses Corlette
$672,500
Shoal Bay
$475,000
Nelson Bay
$485,000
Anna Bay Salamander Bay
$497,500 $632,500
OF PROPERTIES SOLD WERE 3 BEDROOM HOUSES
2 Bed
3 Bed
84
266
SOLD
FOR SALE
4 Bed
Other
House Sales HIGHEST SALE
$2,490,000 $216,000 LOWEST SALE
Information about this report: We (the agent/cy) have endeavoured to show all sales reported by all agents & individual’s as listed on publicly available sources for the mentioned period. We believe this information to be accurate, whilst all care has been taken, no representation has been made and no responsibility is accepted for the accuracy of the whole or any part of this document. Individuals are directed to rely on their own enquiries. Please disregard this publication if your property is exclusively listed with another agent. Properties displayed are only those which have been publicly listed and sold by multiple agents/cies in the area. We advise you seek independent advice on your area statistics if you are thinking of buying or selling.
Anna Bay
Corlette
5 Bentham Place
36 Corrie Parade
4
635m2 land
2
2
3
605m2 land
2
$497,500
$502,500
Anna Bay
Corlette
4 Fishermans Bay Road
1 Kallaroo Street
3
3
263m2 land
2
2
638m2 land
4
2
3
$412,200
$842,500
Anna Bay
Corlette
122 Morna Point Road
66 Sandy Point Road
4
5
607m2 land
2
2
531m2 land
3
4
$460,000
$2,490,000
Anna Bay
Fingal Bay
2 Ocean Avenue
6/8 Ala Moana Way
5
556m2 land
4
3
3
2
$1,000,000
$394,000
Anna Bay
Fingal Bay
169 Old Main Road
43 Lentara Street
4
5
610m2 land
2
2
620m2 land
2
$535,000
$540,000
Boat Harbour
Nelson Bay
27 Andrew Close
7 Bream Close
2
639m2 land
2
3
3
581m2 land
2
$216,000
$425,000
Corlette
Nelson Bay
104 Bagnall Beach Road
5 Galoola Drive
4
3
657m2 land
2
$457,500
2
686m2 land
1
$472,500
2
2
1
2
Nelson Bay
Nelson Bay
128 Government Road
6/2 Thurlow Avenue
2
2
500m2 land
1
2
2
2
$485,000
$520,000
Nelson Bay
Nelson Bay
17 Irambang Street
3/16 Thurlow Avenue
3
3
506m2 land
3
2
3
1
$650,000
$960,000
Nelson Bay
Nelson Bay
1 Kerrie Close
29 Victoria Parade
3
662m2 land
2
2
4
670m2 land
3
$730,000
$880,000
Nelson Bay
Nelson Bay
22 Lawson Street
26 Wallawa Road
3
797m2 land
2
3
4
626m2 land
4
4
2
$335,000
$1,075,000
Nelson Bay
Nelson Bay
66 Magnus Street
1/35A Wallawa Road
3
4
496m2 land
2
2
334m2 land
3
2
$930,000
$430,000
Nelson Bay
One Mile
11 Nelson Street
4 Reflections Drive
2
289m2 land
1
1
5
3
3000m2 land
8
$290,000
$960,000
Nelson Bay
Salamander Bay
42 Tallean Road
35 Caledonia Close
3
974m2 land
2
$365,000
1
3
541m2 land
1
$372,000
1
Salamander Bay
Shoal Bay
9 Cook Street
4/18 Messines Street
5
517m2 land
4
4
1
65m2 land
1
1
$858,000
$220,000
Salamander Bay
Shoal Bay
20 Kemp Street
6/19 Shoal Bay Road
3
582m2 land
1
1
2
1
$380,000
$439,000
Salamander Bay
Shoal Bay
46 Sandpiper Avenue
10 Victor Parade
4
3
2
1278m2 land
3
594m2 land
2
$760,000
$439,000
Salamander Bay
Soldiers Point
310A Wanda Avenue
12 Ash Street
3
4
379m2 land
2
2
721m2 land
2
$770,000
$480,000
Salamander Bay
Soldiers Point
4 Warramunga Close
7 Lyndel Close
4
4
940m2 land
2
2
613m2 land
2
1
2
2
3
$505,000
$725,000
Shoal Bay
Soldiers Point
29 Flannel Flower Fairway
114 Soldiers Point Road
3
3
462m2 land
2
2
$475,000
6 Joleen Crescent 601m2 land
2
$730,000
2
$760,000
Shoal Bay
2
331m2 land
2
2
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02 4980 4400 “PROPERTY MANAGEMENT IS ABOUT MORE THAN JUST COLLECTING THE RENT!”
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