TO TAKE ADVANTAGE OF THE CURRENT MARKET CONTACT OUR TEAM TODAY AND WE WILL OPEN THE DOORS TO YOUR FUTURE TATEBROWNLEE.COM.AU T. 07 5513 0300 2/34 Oyster Point Rd, Banora Point NSW 2486 REPORT SUMMER 2022
Tate Brownlee
We have an exciting event coming up to cap off the end of the year which will commence late January. Our Mega Auction with the auction date of January 24, 2023. This year has been a record year for our company and we have shown in a market that has definitely had its ups and downs, our drive to succeed and I could not be more proud of our team. We have sold multiple properties that our competitors struggled with and achieved an impressive days on market of 34 (as per realestate.com 23/11/22). A prediction for 2023 is one of continuing interest rate increases in a market that seems to be very inconsistent. A changing market is where our team really performs at its peak so if you want certainty in 2023 we can definitely promise offers, activity and outstanding results that no one else can. I look forward to achieving your property goals with you next year. Enjoy the festive season!
A Message From The Owners
24th Jan 2023 6pm DST The Ivory
MEGA AUCTION Register your interest in selling or buying today for our MEGA AUCTION
All Sold by Tate Brownlee Real Estate $826,000 5 Bione Avenue, Banora Point SOLD 2 3 5 $1,355,000 2 Blue Haze Crescent, Banora Point 2 2 4 SOLD POST AUCTION $895,000 9 Nandina Terrace, Banora Point SOLD UNDER 2 2 3 $2,601,001 27 Sunnycrest Drive, Terranora $1,040,000 18 Shady Lane, Banora Point 2 2 3 SOLD PRIOR SOLD PRIOR $1,421,000 18 Anthony Avenue, Banora Point 3 4 3 SOLD AT AUCTION $1,110,000 5 Elm Place, Banora Point 3 2 5 SOLD UNDER $1,310,000 35 Old Ferry Road, Banora Point 3 6 4 SOLD POST AUCTION $1,020,000 3 Augusta Place, Banora Point SOLD PRIOR AUCTION 2 2 4 2 6 5 1
$800,000 11 Mcallisters Road, Bilambil Heights 1 2 3 SOLD POST AUCTION $810,000 1/33 Mariners Crescent, Banora Point 2 2 3 SOLD $1,276,000 24 Parkes Lane, Terranora 2 6 4 1 SOLD AT AUCTION $905,000 2/85 Henry Lawson Drive, Terranora 2 2 3 SOLD $1,365,000 4 James Cook Drive, Banora Point 3 2 4 SOLD PRIOR AUCTION $1,290,000 1 Admiralty Place, Banora Point 2 3 5 1 SOLD $810,000 14/5 Sedalia Place, Banora Point SOLD 2 2 3 32 SOLD PROPERTIES SEPT | OCT | NOV Mega Auction January 2023 $750,000 13 Peel Circuit, Tweed Heads 1 1 3 SOLD POST AUCTION $705,000 23 Cooloon Crescent, Tweed Heads South 1 1 3 SOLD POST AUCTION
Kristen Merrion
2022 has been a great year for the local investment rental market, as a result the investment property market at the beginning of 2023 is a tremendous area of opportunity for any potential landlords.
Since our collective emergence from COVID, rental prices have soared and now stabilised where landlords are consistently exceeding the expectations of their initial investments. Median rental prices for houses have risen 10% in 12 months, along with 13% for units for a median price of $750.00 and $600.00 respectively. When searching for an agency to manage your investment property a landlord should be searching for a team that can provide rental yields above market average and also provide the most qualified tenant. At Tate Brownlee Real Estate we are outdoing local median prices consistently by 10% with an average rental price for houses of $820.00 pw and $650.00 pw for units. We are also finding the highest quality tenants from our extensive database throughout a two-week marketing campaign aimed at finding the right person to care for your most prized asset. This is reflected in our 16.5 days on market average, ensuring that vacant tenancy time is at a minimum without compromising the quality of tenant.
We also care for your property like our own with a team member dedicated to regular routine inspections and maintenance. In our package we offer all the latest tools to ensure that you are not negatively impacted by tenancy disputes or unsatisfactory tenants. To safeguard your bottom line, we use Barclays MIS debt collection database to vet each applicant for your property before entrusting it to them as well as character references and previous rental history checks. A vital tool in preserving and capitalising on your investment property is landlord insurance to protect you in the event of property damage or potential loss of rent. Landlord insurance is separate to property insurance and is one of the many points of difference that we offer through our partner Terri Sheer Landlord Insurance.
The highlight of our year has been the new addition of expert team members with over 20 years of experience to our property management department. This has allowed us to lease over 70 properties this year so far with low time of vacancy and highly qualified tenants. We are poised for another productive year in 2023 as the premier property management team on the Tweed Coast and would love to work with you to achieve your real estate goals.
Total Properties Leased by TBRE: 72 $650.00 2 / 7 Cassia Crescent, Banora Point $810.00 11 Uniacke Drive, Banora Point $690.00 47 Oyster Point Road, Banora Point $630.00 10 / 198 Byangum Road, Murwillumbah $575.00 16 / 7-9 Parry Street, Tweed Heads South $750.00 85 Pioneer Parade, Banora Point $895.00 10 Holden Street, Tweed Heads South $850.00 23 Oakland Parade, Banora Point $1,350.00 17 Pavilion Court, Casuarina $710.00 8 Bione Avenue, Banora Point $850.00 20 Banora Hills Drive, Banora Point $1,000.00 18 Woodroffe Street, Terranora
Property Management Team
Property Management
General Manager
Head of
and
0413 290 966
535 372
Kristen Merrion -
Business Development Manager and Leasing Consultant Nikki Vlach - 0436
Property Manager
Sally Smith
Property Management Assistant
Lovelyn Evilla
Property Manager Hayley Stannard
Tate Brownlee Licensee, Principal & Chief Auctioneer 0401 176 633 tate@tbre.team Sandy Green Buyers Relationship Manager 0499 191 960 sandy@tbre.team Brad Kopcikas – Yates Sales Agent 0408 251 988 brad@tbre.team Logan Wintle Personal Assistant to Tate Brownlee 07 5513 0300 logan@tbre.team Torin Farmer Sales Support 07 5513 0300 torin@tbre.team Are you on the Tate Brownlee Real Estate Database? Find out above our exclusive opportunities, get local market updates and so much more. TATE BROWNLEE IS THE NO.1 AGENCY Tate Brownlee Real Estate @tatebrownleeteam TATEBROWNLEE.COM.AU