June & July Suburb Snapshot - Elanora - Dion Zorko

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Dion Zorko Dion
21 $1,825,000 Highest House Sale Price House sales achieved in the last 8 weeks $1,212,500 Median House Sale Price 7 $755,000 Highest Townhouse/Duplex Sale Price Townhouse/Duplex sales achieved in the last 8 weeks $535,000 Median Townhouse/Duplex Sale Price 52 Suburb Average DOM 27 RWTE Average DOM 62% Suburb Auction Clearance 100% RWTE Auction Clearance *StatisticsfromPricefinderandpreliminaryAuctiondatafromRayWhite MARKET INSIGHTS Elanora 1st June - 31st July 2023 June&July2023 June&July2023 June&July2023 June&July2023

RECENT SALES Elanora

1st June - 31st July 2023

ADDRESS SUBURB PARTICULARS PRICE DATE 23 Tussock Crescent 22/43 Doubleview Drive Elanora Elanora 4b 2b 2c $1,212,500 $760,000 July 23 10 Heeterra Court 21 Laurina Court Elanora Elanora $1,475,000 $755,000 July 23 July 23 3b 1b 1c 4b 2b 3c 4b 2b 2c 13 Jandakot Court 36 Nollamara Drive Elanora Elanora 4b 4b 3c $1,610,000 $1,250,000 July 23 July 23 53 Tussock Crescent 67 Simpsons Road Elanora Elanora $1,150,000 $1,510,000 July 23 July 23 4b 2b 2c 3b 2b 2c 4b 2b 6c 12 Maranta Street 6/43 Doubleview Drive Elanora Elanora 3b 1b 2c $840,000 $775,000 July 23 July 23 26 Zinnea Street 30 Cornwall Drive Elanora Elanora $850,000 $1,300,000 July 23 July 23 3b 2b 2c 4b 1b 1c 5b 3b 3c 14 Sequoia Close Elanora 3b 2b 4c $1,710,000 July 23 July 23 *AllinformationsourcedisfromPricefinder&thisreportprovidesanoverviewofallsalesthathavetakenplaceinthearea byallagentsnotonlythoseofRayWhiteTugun/Elanorabutotheragenciesaswell Inpreparingthisdocumentwehave usedourbestendeavourstoensuretheinformationcontainedhereinistrueandaccurate,butweacceptnoresponsibilityanddisclaimallliabilityinrespecttoanyerrors,omissions,inaccuracies,ormisstatementsthatmayoccur 11 Balsa Street 141 K P McGrath Drive 3b 2b 3c $1,200,000 $1,375,000 July 23 7/2-10 Coolgardie Street 66/2-10 Coolgardie Street $720,000 $830,000 June 23 June 23 4b 2b 2c 3b 2b 1c 3b 1b 2c 4 Hydrilla Court 2/17 Rees Court 4b 2b 0c $992,500 $930,000 June 23 June 23 27/11 Araucaria Way $550,000 June 23 4b 2b 4cJune 23 103/2-10 Coolgardie Street $650,000 July 23 3b 2b 1c Elanora Elanora Elanora Elanora Elanora Elanora Elanora Elanora 88 Murtha Drive $1,250,000 June 23 4b 3b 2c 20 Goldvilla Drive 94 Doubleview Drive 3b 2b 2c $855,000 $1,825,000 June 23 June 23 6b 3b 2c Elanora Elanora Elanora 22 Tipuana Drive 40 Silverglade Drive $1,399,000 June 23 June 23 4b 3b 2c 4b 2b 2c $1,100,000 Elanora Elanora 13 Dianelle Court 2 Tussock Crescent $1,165,000 June 23 June 23 4b 2b 2c 4b 2b 2c $1,125,000 Elanora Elanora

WHY SELL NOW?

LISTING ACTIVITY

Prices are now firmly on the move everywhere in Australia, having increased by 3 5 per cent since the start of the year While there are a lot of things driving prices upwards, a lack of new listings is one of them Despite heat returning to the market, new listings are down compared to last year everywhere except Adelaide Adelaide’s median is now exceeding last year ’ s peak and it’s likely a factor driving sellers back into the market New listings are down but it looks like we ’ re in for a much better spring Listing authorities (properties for sale but not yet advertised) are now at a similar level to 2022 Although this is Ray White listing authorities only, it still represents over 12 per cent of all listings in Australia It’s also likely other agencies are experiencing a similar trend The number of new listings continues to be low but the total number of properties for sale remains historically high Longer time on market means that the number of properties for sale is exceeding the number of properties sold It’s likely that this will start to reverse over the next six months

AUCTION INSIGHTS

Buyer activity continues to increase and we ’ re seeing this most clearly through Ray White auction data The number of people bidding at auction is now back to where we were in April 2022 The number of active bidders remained stable in June & increased in July, perhaps due to the interest rate hold announced at the start of that month

MARKET TURNOVER

Ray White’s total sales in June were on par with what we recorded in June last year Recording $6 4 billion, it was less than May, reflective of slower conditions in winter It’s possible that by spring, total sales will exceed the same period in 2022 This will be partly driven by price growth but also the anticipated increase in listings

ELITE AGENT, ELITE EXPERIENCE The Dion Zorko Team

Combining enthusiasm with a strong desire to succeed Dion has the drive, tenacity & diligence to consistently achieve exceptional results for his clients A highly motivated & results driven individual Dion's passion for property & determination to exceed expectations is complimented by his calm, personable nature

A natural negotiator & communicator he believes that the foundation for success begins with taking the time out to really listen to & understand his clients' needs Dion undertakes a process-driven approach with detailed follow-up systems & an innovative marketing strategy this paired with the strength & training of Australia’s leading Real Estate brand gives him a unique competitive edge

AWARDS

2021/2022 - Elite Performer

2020/2021 - Premier Performer

2019/2020 - Premier Performer

2017 - $250,000 in settled commission in their Ray White career

WELCOME HOME Recently Sold by

67 Simpsons Road, Elanora

SOLD $1,510,000

Under the Hammer

The Dion Zorko Team

23 Currant Street, Elanora

SOLD $1,195,000

Under the Hammer

41 Forest Drive, Elanora

SOLD $1,317,000

Under the Hammer

5 Buckingham Way, Elanora

SOLD $1,850,000

Under the Hammer

Dion Zorko Ray White Tugun Elanora 0416 516 652 07 5598 2577 dion zorko@raywhite com www.raywhitetugunelanora.com.au C U R I O U S T O K N O W H O W T H E S E R E C E N T R E S U L T S M A Y H A V E I N F L U E N C E D T H E P R I C E O F Y O U R P R O P E R T Y ? C L I C K H E R E T O B O O K A N O B L I G A T I O N F R E E M A R K E T A P P R A I S A L

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June & July Suburb Snapshot - Elanora - Dion Zorko by RayWhiteTugun - Issuu