Naremburn Market Report
2024
Team Chauncy
The Naremburn Market Report Financial Year 2023/2024
Another successful year has come and gone, and Team Chauncy is thrilled to share our latest achievements in Naremburn. The past financial year was marked by exceptional sales, record-breaking milestones, and a strong market that continues to show growth. We are proud to report a 90% auction clearance rate, and our listed homes spent an average of just 20 days on the market.
Another successful year has come and gone, and Team Chauncy is thrilled to share our latest achievements in Naremburn. The past financial year was marked by exceptional sales, record-breaking milestones, and a strong market that continues to show growth. We are proud to report a 90% auction clearance rate, and our listed homes spent an average of just 20 days on the market.
Team Chauncy’s commitment to excellence was recognised as we were awarded Rate My Agent of the Year for Naremburn for the 10th consecutive year. Peter's recognition as #10 in Australia's Top 100 Agents is a testament to our dedication, hard work and outstanding results for our clients.
Team Chauncy’s commitment to excellence was recognised as we were awarded Rate My Agent of the Year for Naremburn for the 10th consecutive year. Peter's recognition as #10 in Australia's Top 100 Agents is a testament to our dedication, hard work and outstanding results for our clients.
Team Chauncy dominated the top end of the market successfully selling 11 out of the top 15 house sales and achieved seven new street records. A new suburb record for Naremburn was set with the sale of 13 Central Street for $5,451,000 - this record has since been broken again with the highest sale now being $5,625,000.
Team Chauncy dominated the top end of the market successfully selling 11 out of the top 15 house sales and achieved seven new street records. A new suburb record for Naremburn was set with the sale of 13 Central Street for $5,451,000 - this record has since been broken again with the highest sale now being $5,625,000.
Among our standout achievements, we set a new suburb record for townhouses with 15/55 Garland Road selling for an impressive $2,900,000. A new suburb record for two-bedroom apartments with 14/32 Northcote Street fetching $2,300,000 was also set, marking our third sale in this building within the past year.
Among our standout achievements, we set a new suburb record for townhouses with 15/55 Garland Road selling for an impressive $2,900,000. A new suburb record for two-bedroom apartments with 14/32 Northcote Street fetching $2,300,000 was also set, marking our third sale in this building within the past year.
Success extended across multiple streets in Naremburn, setting new benchmarks at 13 Glenmore Street with $4,650,000, 3 Moonbria Street with $4,500,000, 110 Northcote Street with $4,125,000, 17 Probate Street with $4,100,000, 26 Plunkett Street with $3,900,000, and 10 Bongalong Street with $3,700,000.
Success extended across multiple streets in Naremburn, setting new benchmarks at 13 Glenmore Street with $4,650,000, 3 Moonbria Street with $4,500,000, 110 Northcote Street with $4,125,000, 17 Probate Street with $4,100,000, 26 Plunkett Street with $3,900,000,
Beyond setting records, our team had many remarkable sales highlights. At "The Francis," we successfully sold all 13 apartments and leased one, including one-bedroom, two-bedroom, and threebedroom units. A standout sale was 2/52 Dalleys Road, a two-bedroom courtyard apartment, which sold for $1,550,000 prior to auction.
and 10 Bongalong Street with $3,700,000. Beyond setting records, our team had many remarkable sales highlights. At “The Francis,” we successfully sold all 13 apartments and leased one, including one-bedroom, two-bedroom, and three-bedroom units. A standout sale was 2/52 Dalleys Road, a two-bedroom courtyard apartment, which sold for $1,550,000 prior to auction.
Another notable achievement was 1 Bongalong Street, a complete knock-down/rebuild opportunity, which sold for $2,975,000. We sold five homes on the coveted Rhodes Avenue, including 4A Rhodes Avenue for 2,400,000, 29 Rhodes Avenue, an exceptional semi, for $3,100,000, 33 Rhodes Avenue for $4,130,000, 41 Rhodes Avenue for $4,950,000 prior to auction, and 26A Rhodes Avenue, which sold for $3,020,000 after just one inspection.
Another notable achievement was 1 Bongalong Street, a complete knock-down/rebuild opportunity, which sold for $2,975,000. We sold five homes on the coveted Rhodes Avenue, including 4A Rhodes Avenue for 2,400,000, 29 Rhodes Avenue, an exceptional semi, for $3,100,000, 33 Rhodes Avenue for $4,130,000, 41 Rhodes Avenue for $4,950,000 prior to auction, and 26A Rhodes Avenue, which sold for $3,020,000 after just one inspection.
We remain dedicated to supporting the Naremburn community, contributing to events including the Willoughby Pre-School Easter Raffle and Annual Trivia Evening, raising over $15,000 for school resources.
We remain dedicated to supporting the Naremburn community, contributing to events including the Willoughby Pre-School Easter Raffle and Annual Trivia Evening, raising over $15,000 for school resources.
Looking ahead, the Naremburn market remains buoyant, with a 6.3% increase in property prices predicted for this financial year. As we help clients prepare their homes for the spring season, our team is ready to turn properties around so they are marketready and optimally presented to ensure the best possible results. For any real estate needs or inquiries about our strategies, please do not hesitate to reach out - Team Chauncy is here to assist you every step of the way.
Looking ahead, the Naremburn market remains buoyant, with a 6.3% increase in property prices predicted for this financial year. As we help clients prepare their homes for the spring season, our team is ready to turn properties around so they are market-ready and optimally presented to ensure the best possible results. For any real estate needs or inquiries about our strategies, please do not hesitate to reach out - Team Chauncy is here to assist you every step of the way.
Here's to another year of success and growth in Naremburn!
Here’s to another year of success and growth in Naremburn!
Naremburn Sales | Financial Year FY 23-24
13 Central Street, Naremburn
3 Moonbria Street, Naremburn
Naremburn Sales | Financial Year FY 23-24
Street, Naremburn
10 Talus Street, Naremburn
Naremburn Sales | Financial Year FY 23-24
What our clients say
“The only choice for us. We have developed a longstanding relationship with Peter as our family has bought and sold with him in Naremburn over the years. Peter goes out of his way to anticipate potential obstacles and to make the sales process as seamless as possible by keeping us well informed and offering sound advice throughout, while achieving great results. We did not get quotes from other agents as we trusted Peter and his team to do the best job.”
33 Rhodes Avenue, Naremburn
Georgia DeGraff
“Outstanding! Efficient, reliable and trustworthy!
Peter has an outstanding market knowledge of Naremburn and the surrounding area. We bought from Peter in 2009 and had such a positive experience, we didn't hesitate in engaging him to sell our property 15 years later. We were rewarded with our decision, with Peter managing to sell our property within 5 days for a price which exceeded our expectations. He knows the prospective buyers and sellers in the area and works tirelessly to reach a deal which everyone is happy with. In our case, we were successful at purchasing at an auction, and that afternoon Peter made the time to come around to discuss plans for our sale campaign having prepared a tailored campaign before we had formally engaged him. He organised his team to prepare marketing materials, photos, building inspections, house cleaning, etc and was able to get our property to market within a week, and sold 5 days later using his extensive network of buyers. Unbelievable!”
3 Moonbria Street, Naremburn
Richard Beament
“Professional Efficiency!
Peter Chauncy and Naremburn are synonymous in real estate! We chose Peter through recommendations and from observing his involvement in the Naremburn area. He did not disappoint! From our first meeting the whole pre-sale and sale campaign was seamless…. added to that he achieved a sale after one viewing! I am a very happy client.”
8/26 Northcote Street, Naremburn
Christine Leaming
“Professional and Supportive, highly recommended! We had a great experience with Peter and his team Hamish and Bridget, and achieved the outcome we were hoping for. Trusting Peter's experience in working in the Naremburn area for many years we took his advice in how to prepare the house for the selling process. The tradespeople he recommended were easy to deal with and worked efficiently. Communication with Peter and his team was fantastic with regular calls and emails updating and informing us on what was happening and what was required from us at each stage of the process. Peter and Hamish were a calm presence in a process that can be stressful at times, and they were available to us at any time of the day. Peter listened and communicated extremely well und went out of his way to make sure we were happy with the outcome of the sale.
Thank you, team Chauncy!”
17 Probate Street, Naremburn
Chrissi Heinl
“Incredible service, 10/10 experience!
Peter and the team at McGrath Crows Nest were absolutely brilliant. From the moment we made the phone call to discuss an initial valuation, right through to making the sale, Peter and his team were extremely professional, friendly, trustworthy and supportive throughout the whole process. Excellent communication, advice and attention to detail, cannot fault the experience and am so glad we worked together for the recent sale of our apartment.”
2/52 Dalleys Road, Naremburn
Prue Purnell
“Peter and his team lived up to all their great reviews. Peter and his team had a professional and quietly confident manner when guiding us through the preparation and presentation of our property for sale. Their communication was great, while Peter & Bridget were always available to give their advice on a situation. We have no hesitation in recommending Peter and his team to our friends, family and others wishing to sell their property. His advice was honest and transparent and easy to understand. Thanks to Bridget, who was always contactable.”
22/55 Garland Road, Naremburn
Robert Kaye