Avoca Beach Market Report by Brooke Tuite

2010 2 ultim mate Av voca Be each

market re eport Prep pared by: Adrian Reed 0419 9 033 391 adrianreed d@taylorreed d.com.au

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2010 ULTIMATE AVOCA BEACH MARKET REPORT Welcome to my Market Report for Avoca Beach. I hope you enjoy the information contained within and gain an insight into the great place that Avoca Beach is!

CONTENTS 1. The TaylorReed Team – Adrian Reed & Paula Taylor 2. Comment on the Market Climate 3. Avoca Beach Market Statistics - 3 Year Comparisons a. Avoca Beach High Side b. Avoca Bowl 4. Avoca Beach Market Statistics - 2010 to Date a. Avoca Beach High Side b. Avoca Bowl 5. What do Buyers Want? a. Avoca Beach High Side b. Avoca Bowl 6. 2009 Residential Avoca Beach Sales 7. 2010 (to date) Residential Avoca Beach Sales 8. What Properties are Currently on the Market in Avoca Beach? 9. Avoca Beach Past and Present 10. Avoca Beach Demographics 11. Architecture and Landscape in Avoca Beach 12. Reference List

1. THE TAYLORREED TEAM – AVOCA BEACH SPECIALISTS

Adrian Reed and Paula Taylor have lived and breathed the area for the last eight years and are proud sponsors of the Avoca Beach Rugby Club. They form one of the industry’s top partnerships and have sold a considerable amount of homes across the Central Coast, helping to achieve some record sales. With an unwavering commitment to provide exceptional service and deliver outstanding results, Paula Taylor and Adrian Reed are a dynamic duo. With close to 10 years combined real estate experience, they bring to the table a wealth of knowledge and local market expertise. This combined with their superior marketing, ensures that every interaction with the TaylorReed team is a positive and highly successful one. Paula has received multiple high achievement awards throughout her real estate career, whilst Adrian is widely applauded for entrepreneurial efforts and community initiatives. Part owner of Avoca’s popular Mexican restaurant Rojo Rocket, Adrian’s interests in business and the community are diverse. Together the duo are a strong dependable team and their unique qualities combine to provide a formidable edge when it comes to selecting the ideal agent representation. Paula and Adrian are proud to represent their TaylorReed brand and as Principals of the agency you know your property is in safe hands. Adrian and Paula’s results, experience and dedication to the industry clearly show that it’s no wonder more people trust them to sell their home. A small sample of testimonials: Benefiting from our proven systematic approach, hear what our clients have to say: “It has been refreshing to find a genuine agent who is focused on achieving the best possible outcome. Both Lisa and I were thrilled at the level of service and communication Adrian displayed throughout our journey. He assisted and educated us in the sale and made as stress free as possible. Adrian’s attention to detail and presentation was second to none and we are extremely happy to have selected him to represent us in the sale of our home. We expect that both success and customer satisfaction will be naturally forthcoming in Adrian’s career and look forward to using him for our next Real Estate endeavours” – Ron and Lisa Bell “I am delighted to provide a glowing testimonial regarding Paula Taylor, of TaylorReed Estate Agents. I recently made inquiries about selling my home and was referred to Paula who instantly impressed me as a professional and mature woman. She quickly appraised my home, 3

gave a realistic price valuation and once I had given the green light, people were being shown through my home in droves and my property was sold within three weeks. Paula is an extremely proficient communicator. She constantly kept me informed of the marketing of my home and I particularly appreciated the feedback she provided from potential purchasers. I highly recommend Paula as a bright, respectful and honest woman and I wish her well in her continued career”- Judy Keegan “Having bought and sold properties through a number of estate agents both on the Central Coast and further afield, Adrian Reed is by far the most committed agent we’ve come across. We’ve never had any other agent work as hard and communicate so clearly and honestly with us. Our property was unique and a rather difficult project to sell and prior to handing it over to Adrian we had it on the market for over six months. Adrian sold our property within two months and never gave up on the task at hand. Adrian Reed is a genuine, hard working agent whom we highly recommend” - Warren and Carmen Castles “We would like to thank you Paula for making the purchase of our new home such an easy experience. Your professionalism, reliability and negotiation skills are a credit to yourself and TaylorReed Central Coast. We would not hesitate to recommend Paula for all future transactions” - Shaun and Kellie Smith “Adrian speaks frankly and openly, he does not disguise issues and he calls frequently to keep in touch and educate us on the market and his recommendations as to how to optimise our position in it. He displays superior negotiation skills and supreme professionalism. I recognise Adrian to have worked harder than any other agent I have previously engaged. I am pleased to supply this testimonial and shall be pleased to seek Adrian’s services the next time I am dealing in Real Estate”- Adrian Newman “Throughout the entire process of our purchase Paula Taylor has demonstrated unwavering commitment and absolute professionalism in all tasks asked of her. She exercised precise communication skills to successfully liaise with parties through a difficult sale, made complicated by a less than cooperative vendor, Her tenacious attitude and prompt response time allowed for issues to be dealt with swiftly and in a manner that was not only timely, but at times beyond normal call. Paula’s personable nature and ability to relate to the needs of customers are exemplary. As a very satisfied home buyer, I thoroughly commend Paula on her efforts and encourage other home buyers in the area to seek her representation”- Brett Carr “Adrian, thanks for everything, you are an amazing young man with so much energy and drive. I have bought and sold 19 houses before this one so I have had a lot of contact with Real Estate agents. Never before has an agent kept me so informed and worked as hard as you have. I was amazed at the hours you put in and your dedication to your vendors. You leave no stone unturned and have an amazing outlook on life. It was an absolute pleasure dealing with you and I hope our paths cross again”. Charmaine Dale

2. COMMENT ON THE MARKET CLIMATE

Avoca Beach showed strong gains over the last quarter of 2009 with signs so far indicating growth is set to continue in 2010. It has been a turbulent last few years in Avoca Beach and surrounding suburbs, with the global financial crisis impacting the real estate market considerably. Back in 2007 we had little growth with a major spike over the last quarter of that year. Early in 2008 we noticed a lower number of buyers and a general lack of confidence in the real estate market. The mid to latter part of 2008 saw probably the worst selling conditions we have ever worked in. The first quarter of 2009 was much the same until we reached the Easter period. Our sale campaigns had a noticeable change in the number of buyers and more offers were coming in on properties. From that period onwards it was obvious our market was recovering. Part of the recovery was thanks, in no small way, to record low interest rates and first home buyer incentives. The growth was unusually started from the bottom end of the market which strongly pushed mid-priced property values upwards. Previously, strong market conditions were seen with upper end properties pulling the low to mid end market upwards. 2009 still found the upper end of the market struggling somewhat, with buyers still hesitant to extend themselves. These buyers shifted their focus to properties in the mid part of the market, further increasing the competition for homes between $500,000 - $800,000. So far 2010 has shown strong interest across all price ranges with houses $800,000 and under still being the most popular. Shortage of stock is increasing competition further and we are seeing a vast majority of homes exceeding expectations in price and drawing incredible numbers. Our statistics show that, on average, our properties are attracting almost double the amount of buyers walking through the door compared with this time last year, an amazing recovery. Whilst we canâ&#x20AC;&#x2122;t be 100% sure the strong market will continue, we will certainly enjoy it whilst it is here!

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3. AVOCA BEACH MARKET STATISTICS – A 3 YEAR COMPARISON

a. Avoca Beach High Side How many homes sold in Avoca Beach?

2007: 79 2008: 80 2009: 90

What is the highest sale price?

2007: $4,100,000 (Caravan Park) 2008: $870,000 2009: $1,450,000

What is the lowest sale price?

2007: $166,666 2008: $120,000 2009: $215,000

What is the average sale price?

2007: $487,000 2008: $463,000 2009: $527,000

What is the total value of real estate sold?

2007: $45,725,998 2008: $37,070,583 2009: $47,478,787

b. Avoca Bowl How many homes sold in Avoca Beach?

2007: 47 2008: 44 2009: 37

What is the highest sale price?

2007: $3,700,000 2008: $4,500,000 2009: $4,000,000

What is the lowest sale price?

2007: $354,000 2008: $438,000 2009: $426,000

What is the average sale price?

2007: $1,232,000 2008: $1,212,000 2009: $994,000

What is the total value of real estate sold?

2007: $57,926,500 2008: $53,332,250 2009: $36,808,800

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4. AVOCA BEACH MARKET STATISTICS – 2010 TO DATE

a. Avoca Beach High Side How many homes sold in Avoca Beach? What is the highest sale price? What is the lowest sale price? What is the average sale price? What is the total value of real estate sold?

16 $1,020,000 $140,000 $515,768 $7,220,750

b. Avoca Bowl How many homes sold in Avoca Beach? What is the highest sale price? What is the lowest sale price? What is the average sale price? What is the total value of real estate sold?

16 $3,125,000 $410,000 $1,031,036 $14,434,500

5. WHAT DO BUYERS WANT?

a. Avoca Beach High Side Streets What makes a street popular for buyers is generally the amount of quality homes located there. If most homes have great street presence, namely from the façade, the more appealing the street is. Other factors are distance to shops, beach and transport, block sizes, and value of past sales in the street. If many blocks are north siding or have a north to rear aspect, this will be a strong attraction as well. The more homes that feature character and modern style, the more popular the street will be. Location Buyers generally move to Avoca Beach because they love the beach or have young children or plan to start a family, so moving close to the beach and primary school is high on their list when buying. Being able to walk children to and from the beach, school, or easily pick up and drop off, is a big plus. We are very lucky in Avoca Beach that we have a great primary school and are close to one of the most popular beaches on the Central Coast. Inside the Home When selling, light is best. In terms of paint, a light cream or white colour (we call that “re-sale cream”) is best and gives the impression of light to buyers. The best paint colour we recommend is Antique White USA by Dulux. We have found that it is the best as it is a warm white and stays true to its colour without throwing a pink, yellow or blue that many white paints have. For the floors, floorboards are still the most popular for living areas and hallways. Generally, most buyers prefer carpets in the bedrooms. Tiles are still considered okay, but the more natural or stone type, the more popular. Kitchens and Bathrooms Buyers are becoming fussier on quality, especially as Avoca Beach is considered a valuable suburb, and so they notice quality finishes. Neutral finishes are preferred with earthy accent colours that enhance rather than scream out for attention. As long as bathrooms are chic, modern and clean, buyers aren't overly fussy on style. Provincial, character kitchens are very popular at the moment and generally don’t date. Bedrooms Everyone always wants large bedrooms and it can impact buying decisions, especially the master or main bedroom. Plenty of hanging space and storage are a must. In an upper level property, an ensuite is considered a must.

Living Areas Buyers are going back to slightly more traditional living areas. The large rear living flowing to an outdoor area, with a view of the yard from the kitchen is still very popular. However, buyers will accept a slightly smaller living at the rear if there is another separate living space. It is interesting to note that the massive, all in one living area or rectangle box-like extensions are not as popular as they were in early 2000! Back Yard Simply, grass sells. The more flat grassed area you have the more valuable your home is. Buyers tend to want low maintenance, hardy, green gardens. This generally means a large lawn area with bordered gardens around the fence line. Pools are becoming more and more in demand, but not in lieu of lawn space. Buyers don't need as much space as they once did, but they still want some lawn for the kids and dog to run around in. In the upper end price brackets, pools are generally a must or have plenty of room for one later. Overall style There is no doubt that over the last few years the more modern style homes have been very popular and sell for higher values. When we style homes to sell, we generally go for a modern take. This essentially is a watered down, modern approach to Shabby Chic and straight Provincial. We also thin-out or de-clutter a lot of houses, whilst ensuring the family feel is retained. This is important as Avoca Beach buyers are generally young families. Their new home will be their family home. Buyers still like modern, but prefer character frontages. If you have a home which is more modern inside and you want to renovate, we would recommend to go with a modern periodstyle. Maybe restore some character to the faĂ§ade; this can make a huge difference to street appeal.

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WHAT DO BUYERS WANT?

b. Avoca Bowl Streets What makes a street popular for buyers is generally one of three things: 1. Beachfront properties 2. Commanding views of Avoca Beach 3. A short stroll to beach Other factors include block sizes and value of past sales in the street. If many blocks are north facing or north/east aspect, this will be a strong attraction. Location Buyers generally buy in Avoca Bowl for the use of holiday homes so moving as close as possible to the beach as possible is high on their list when buying. Being able to walk to and from the beach is a big plus. We are very lucky in Avoca Beach that the majority of properties are within walking distance to the beach. Inside the Home When selling, light is best. In terms of paint, a light cream or white colour (we call that “re-sale cream”) is best and gives the impression of light to buyers. The best paint colour we recommend is Antique White USA by Dulux. We have found that it is the best as it is a warm white and stays true to its colour without throwing a pink, yellow or blue that many white paints have. For the floors, floorboards are still the most popular for living areas and hallways. Generally, most buyers prefer carpets in the bedrooms. Tiles are still considered okay, but the more natural or stone type, the more popular. Kitchens and Bathrooms Buyers are becoming more and more fussy on quality, especially as Avoca Beach is considered a valuable suburb, so they notice quality finishes. Neutral finishes are preferred with earthy accent colours that enhance rather than scream out for attention. As long as bathrooms are chic, modern and clean, buyers aren't overly fussy on style. Provincial, character kitchens are very popular at the moment and generally don’t date. In the upper end price brackets views from the kitchen are a must. Bedrooms Everyone always wants large bedrooms and it can impact buying decisions, especially the master or main bedroom. Plenty of hanging space and storage is a must. In an upper level property, an ensuite are considered a must.

Living Areas Buyers are moving towards more modern open plan designs. Large open spaces combining kitchen, dining and living flowing on to outdoor entertaining are the most popular layouts. Property with views from their living spaces command higher prices and are highly sought after. Back Yard Back yards are not a must in Avoca Bowl. Buyers tend to want low maintenance. This generally means a small lawn area with bordered gardens around the fence line. Pools are becoming more and more in demand. Buyers don't need as much space as they once did, but they still want some lawn for the kids and dog to run around on. Overall Style There is no doubt that over the past few years the more modern style homes are very popular and sell for higher values. When we style homes to sell, we generally go for a modern take. This essentially is a watered down, modern approach to Shabby Chic and straight Provincial. We also thin-out or declutter a lot of houses, whilst ensuring the beach house feel is retained. This is important as Avoca Bowl buyers generally purchase these properties for holiday home purposes. Buyers still like modern, but prefer character frontages. If you have a home which is more modern inside and you want to renovate, we would recommend to go with a modern period style. Maybe restore some character to the faĂ§ade; this can make a huge difference to street appeal.

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6. 2009 RESIDENTIAL AVOCA BEACH SALES

ADDRESS 4 ARDEN AV AVOCA BEACH 2/27B ASCOT AV AVOCA BEACH 29 ASCOT AV AVOCA BEACH 2 AUSTRAL AV AVOCA BEACH 4/6 AVOCA DR AVOCA BEACH 3/10 AVOCA DR AVOCA BEACH 2/26 AVOCA DR AVOCA BEACH 2/26 AVOCA DR AVOCA BEACH 2/35 AVOCA DR AVOCA BEACH 2/51 AVOCA DR AVOCA BEACH 2/57 AVOCA DR AVOCA BEACH 2/57 AVOCA DR AVOCA BEACH 1/65 AVOCA DR AVOCA BEACH 14/66 AVOCA DR AVOCA BEACH 11/101 AVOCA DR AVOCA BEACH 1/120 AVOCA DR AVOCA BEACH 1/127 AVOCA DR AVOCA BEACH 1/127 AVOCA DR AVOCA BEACH 5/139 AVOCA DR AVOCA BEACH 5/139 AVOCA DR AVOCA BEACH 143 AVOCA DR AVOCA BEACH 5/161 AVOCA DR AVOCA BEACH 1/162 AVOCA DR AVOCA BEACH 3/170 AVOCA DR AVOCA BEACH 3/170 AVOCA DR AVOCA BEACH 6/171 AVOCA DR AVOCA BEACH 1/177 AVOCA DR AVOCA BEACH 23/194 AVOCA DR AVOCA BEACH 33/194 AVOCA DR AVOCA BEACH 7/260 AVOCA DR AVOCA BEACH 292 AVOCA DR AVOCA BEACH 9 BARONGA RD AVOCA BEACH 17 BARONGA RD AVOCA BEACH 5 CABBAGE TREE AV AVOCA BEACH 40 CABBAGE TREE AV AVOCA BEACH 28 CAPE THREE POINTS RD AVOCA BEACH 32A CAPE THREE POINTS RD AVOCA BEACH 34A CAPE THREE POINTS RD AVOCA BEACH 66 CAPE THREE POINTS RD AVOCA BEACH 81 CAPE THREE POINTS RD AVOCA BEACH 93B CAPE THREE POINTS RD AVOCA BEACH 97 CAPE THREE POINTS RD AVOCA BEACH 137 CAPE THREE POINTS RD AVOCA BEACH

BED, BATH, CAR 5BED 2BATH, 2CAR 3BED, 2BATH, 1CAR 2BED, 1BATH 2BED, 2BATH, 1CAR 2BED, 1BATH, 1CAR 3BED, 2BATH, 2CAR N/A 3BED, 2BATH, 1CAR 3BED, 2BATH, 1CAR N/A 3BED, 1BATH, 2CAR 3BED, 1BATH, 2CAR 3BED, 3BATH, 2CAR N/A 2BED, 1BATH, 1CAR 2BED 2BED, 1BATH, 1CAR 2BED, 1BATH, 1CAR 3BED, 1BATH, 1CAR 3BED, 1BATH, 1CAR 3BED, 1BATH, 1CAR 2BED, 1BATH, 1CAR N/A 2BED, 1BATH, 2CAR 2BED, 1BATH, 2CAR 2BED, 1BATH, 1CAR N/A 3BED, 2BATH, 2CAR 4BED, 2BATH, 3CAR N/A 3BED, 2BATH, 2CAR 3BED, 1BATH, 1CAR 4BED 2BATH, 2CAR 7BED, 3BATH, 1CAR 3BED, 1BATH, 2CAR 6BED, 2BATH, 4CAR 3BED, 2BATH 3BED, 2BATH, 4CAR 5BED, 4BATH, 2CAR 6BED, 2BATH VACANT LAND 3BED, 2BATH, 1CAR 2BED, 2BATH, 1CAR

LAND SIZE 979 sqm 595 sqm 746 sqm 485 sqm 1031 sqm 721 sqm 699 sqm 687 sqm 1195 sqm N/A 727 sqm 710 sqm 819 sqm N/A 1465 sqm 1649 sqm 2107 sqm 2109 sqm 915 sqm 916 sqm 923 sqm 870 sqm 926 sqm 741 sqm 742 sqm 1277 sqm 194 sqm 4809 sqm 4702 sqm N/A 531 sqm 743 sqm 749 sqm 740 sqm 843 sqm 689 sqm 685 sqm 756 sqm 980 sqm 1132 sqm 1146 sqm 740 sqm 986 sqm

SALE DATE 7/09/09 7/01/09 6/07/09 23/04/09 10/09/09 28/02/09 15/09/09 15/09/09 23/01/09 2/12/09 24/09/09 24/09/09 24/04/09 24/06/09 14/11/09 10/08/09 6/03/09 6/03/09 22/12/09 22/12/09 30/09/09 19/12/09 17/06/09 14/09/09 14/09/09 25/07/09 13/07/09 29/05/09 23/09/09 8/09/09 17/09/09 2/10/09 1/09/09 16/04/09 18/11/09 25/03/09 30/09/09 2/07/09 27/10/09 9/11/09 14/10/09 10/02/09 19/09/09

PRICE 900,000 805,000 750,000 525,000 550,000 535,000 550,000 550,000 590,000 1,310,000 590,000 590,000 925,000 226,000 812,000 490,000 750,000 750,000 1,060,000 1,060,000 3,175,000 550,000 225,000 496,500 476,500 426,000 815,000 888,000 1,300,300 372,000 412,500 530,000 607,000 515,000 221,000 531,500 565,000 485,000 1,630,000 530,000 285,000 630,000 650,000

139 CAPE THREE POINTS RD AVOCA BEACH 26 CAROLINA PARK RD AVOCA BEACH 28 CAROLINA PARK RD AVOCA BEACH 54 CAROLINA PARK RD AVOCA BEACH 8/2 CHAPMAN CR AVOCA BEACH 9 CHAPMAN CR AVOCA BEACH 21 CHAPMAN CR AVOCA BEACH 33 CHAPMAN CR AVOCA BEACH 7 CLEMENTS DR AVOCA BEACH 19 CLEMENTS DR AVOCA BEACH 21 CLEMENTS DR AVOCA BEACH 6/15 CLIFF AV AVOCA BEACH 8A COMITO CL AVOCA BEACH 9 COMITO CL AVOCA BEACH 3 DANDENONG CL AVOCA BEACH 23 ENDEAVOUR DR AVOCA BEACH 35 ENDEAVOUR DR AVOCA BEACH 38 ENDEAVOUR DR AVOCA BEACH 15A FAIRSCENE CR AVOCA BEACH 46 FAIRSCENE CR AVOCA BEACH 7 FICUS AV AVOCA BEACH 5/9 FICUS AV AVOCA BEACH 5/9 FICUS AV AVOCA BEACH 1 FRANKLIN AV AVOCA BEACH 11 FRANKLIN AV AVOCA BEACH 13 GILL AV AVOCA BEACH 32 HILLSIDE RD AVOCA BEACH 57 HILLSIDE RD AVOCA BEACH 75 HILLSIDE RD AVOCA BEACH 80 HILLSIDE RD AVOCA BEACH 107 HILLSIDE RD AVOCA BEACH 109 HILLSIDE RD AVOCA BEACH 119A HILLSIDE RD AVOCA BEACH 136 HILLSIDE RD AVOCA BEACH 143 HILLSIDE RD AVOCA BEACH 149 HILLSIDE RD AVOCA BEACH 151 HILLSIDE RD AVOCA BEACH 183 HILLSIDE RD AVOCA BEACH 196 HILLSIDE RD AVOCA BEACH 235 HILLSIDE RD AVOCA BEACH 249 HILLSIDE RD AVOCA BEACH 6 KARANI AV AVOCA BEACH 2/31 KARANI AV AVOCA BEACH 4/31 KARANI AV AVOCA BEACH 7/31 KARANI AV AVOCA BEACH 7 LAIRD DR AVOCA BEACH 28 LAIRD DR AVOCA BEACH 4 MATONG LA AVOCA BEACH

4BED, 2BATH, 1CAR 4BED, 2BATH, 1CAR 4BED, 2BATH, 1CAR 4BED, 2BATH, 2CAR 4BED, 3BATH, 2CAR 4BED, 2BATH, 2CAR 4BED, 3BATH 4BED, 2BATH, 2CAR 3BED, 2BATH, 1CAR 4BED, 2BATH 4BED, 2BATH, 2CAR 4BED, 4BATH, 4CAR 3BED, 1BATH, 1CAR 4BED, 2BATH, 2CAR 4BED, 2BATH, 2CAR 4BED, 2BATH 2BED, 1BATH 4BED, 3BATH, 1CAR 3BED, 3BATH, 2CAR 3BED, 1BATH, 1CAR VACANT LAND 2BED, 1BATH, 2CAR 2BED, 1BATH, 2CAR 3BED, 1BATH, 1CAR 3BED, 2BATH, 2CAR 4BED, 2BATH 3BED, 2BATH, 2CAR 3BED, 2BATH, 1CAR 4BED, 2BATH, 1CAR 3BED, 2BATH, 3CAR 4BED, 3BATH, 2CAR 4BED, 2BATH, 1CAR 4BED, 2BATH, 2CAR VACANT LAND 4BED, 2BATH, 2CAR VACANT LAND 4BED, 4BATH 3BED, 1BATH, 2CAR 5BED, 3BATH 5BED, 3BATH, 2CAR 4BED, 2BATH, 2CAR 5BED, 3BATH, 4CAR N/A N/A N/A 3BED, 2BATH, 2CAR VACANT LAND 2BED, 2BATH

892 sqm 746 sqm 740 sqm 740 sqm 335 sqm 1309 sqm 746 sqm 1138 sqm 746 sqm 740 sqm 740 sqm 1529 sqm 282 sqm 750 sqm 788 sqm 771 sqm 632 sqm 1031 sqm 1195 sqm 715 sqm 1182 sqm 1609 sqm 1610 sqm 753 sqm 911 sqm 892 sqm 1473 sqm 816 sqm 632 sqm 3010 sqm 697 sqm 904 sqm 742 sqm 899 sqm 1163 sqm 3010 sqm 2795 sqm 980 sqm 4.09 H 768 sqm 1860 sqm 512 sqm 819 sqm 994 sqm 679 sqm 740 sqm 740 sqm 854 sqm

25/03/09 23/10/09 16/07/09 10/03/09 7/07/09 29/04/09 24/04/09 2/09/09 26/11/09 22/05/09 2/11/09 27/02/09 23/11/09 10/02/09 12/10/09 26/06/09 9/11/09 4/12/09 2/11/09 3/07/09 4/09/09 3/04/09 3/04/09 17/02/09 7/11/09 28/01/09 30/10/09 4/11/09 26/02/09 21/11/09 9/12/09 1/12/09 6/03/09 8/04/09 13/03/09 28/04/09 2/10/09 3/04/09 26/08/09 27/04/09 21/04/09 2/07/09 7/12/09 30/06/09 8/09/09 29/05/09 29/07/09 27/10/09

775,000 430,000 395,000 455,000 525,000 490,000 525,000 680,000 477,000 558,500 512,000 4,000,000 365,000 620,000 515,000 1,075,000 950,000 1,180,000 1,200,000 585,000 1,210,000 430,000 430,000 475,000 507,000 523,000 490,000 465,000 415,000 780,500 980,000 590,000 640,000 520,000 625,000 790,000 850,000 490,000 1,450,000 535,000 500,000 820,000 360,000 325,000 372,000 460,000 546,500 495,000

6 MATONG LA AVOCA BEACH 2 MOORES RD AVOCA BEACH 11 NOOREE LA AVOCA BEACH 13 NURRAGI CL AVOCA BEACH 3 OTAYBA PL AVOCA BEACH 10 OTAYBA PL AVOCA BEACH 6 PEEL ST AVOCA BEACH 10 PEEL ST AVOCA BEACH 14 PEEL ST AVOCA BEACH 13 PLANTATION PL AVOCA BEACH 9 REYNOLDS RD AVOCA BEACH 10 REYNOLDS RD AVOCA BEACH 19A REYNOLDS RD AVOCA BEACH 23 REYNOLDS RD AVOCA BEACH 24 REYNOLDS RD AVOCA BEACH 8 RIDGWAY RD AVOCA BEACH 55 RIDGWAY RD AVOCA BEACH 66 RIDGWAY RD AVOCA BEACH 68 RIDGWAY RD AVOCA BEACH 74 RIDGWAY RD AVOCA BEACH 86 THE ROUND DR AVOCA BEACH 98 THE ROUND DR AVOCA BEACH 98A THE ROUND DR AVOCA BEACH 1/113 THE ROUND DR AVOCA BEACH 2/113 THE ROUND DR AVOCA BEACH 130 THE ROUND DR AVOCA BEACH 153 THE ROUND DR AVOCA BEACH 175 THE ROUND DR AVOCA BEACH 180 THE ROUND DR AVOCA BEACH 192 THE ROUND DR AVOCA BEACH 219 THE ROUND DR AVOCA BEACH 224 THE ROUND DR AVOCA BEACH 2/229 THE ROUND DR AVOCA BEACH 2/229 THE ROUND DR AVOCA BEACH 242 THE ROUND DR AVOCA BEACH 291 THE ROUND DR AVOCA BEACH 293 THE ROUND DR AVOCA BEACH 338 THE ROUND DR AVOCA BEACH 32 WALDER CR AVOCA BEACH 21 WARREN AV AVOCA BEACH 42 WARREN AV AVOCA BEACH 8 YODALLA PL AVOCA BEACH 5/14 YODALLA PL AVOCA BEACH

4BED, 1BATH, 2CAR 5BED, 3BATH, 2CAR 4BED, 2BATH, 2CAR 4BED, 1BATH 4BED, 2BATH, 1CAR VACANT LAND 4BED, 2BATH, 1CAR 3BED, 3BATH, 3CAR 4BED, 2BATH 3BED, 1BATH, 1CAR 3BED, 3BATH, 2CAR 5BED, 2BATH, 2CAR 4BED, 3BATH, 1CAR 4BED, 2BATH, 2CAR 3BED, 2BATH, 2CAR 2BED, 1BATH, 1CAR 5BED, 3BATH 4BED, 3BATH 4BED, 2BATH, 2CAR 4BED, 3BATH, 2CAR 3BED, 2BATH, 2CAR 2BED, 1BATH, 1CAR 3BED, 2BATH, 2CAR 4BED, 2BATH 3BED, 1BATH, 1CAR 3BED, 1BATH, 1CAR 5BED, 3BATH, 2CAR 4BED, 1BATH, 4CAR 6BED, 2BATH, 2CAR 4BED, 2BATH, 2CAR VACANT LAND 4BED, 2BATH, 1CAR 4BED, 2BATH, 2CAR 4BED, 2BATH, 2CAR VACANT LAND 5BED, 4BATH, 2CAR 4BED, 2BATH, 2CAR VACANT LAND 3BED, 1BATH, 1CAR VACANT LAND 4BED, 2BATH, 2CAR 4BED, 2BATH, 2CAR 3BED, 2BATH, 2CAR

999 sqm 1180 sqm 825 sqm 920 sqm 743 sqm 924 sqm 860 sqm 841 sqm 765 sqm 898 sqm 727 sqm 1094 sqm 393 sqm 501 sqm 833 sqm 835 sqm 740 sqm 1569 sqm 1599 sqm 1550 sqm 482 sqm 771 sqm 775 sqm 968 sqm 900 sqm 803 sqm 931 sqm 728 sqm 828 sqm 765 sqm 747 sqm 882 sqm 604 sqm 604 sqm 7689 sqm 952 sqm 815 sqm 525 sqm 786 sqm 740 sqm 804 sqm 759 sqm 843 sqm

4/12/09 5/03/09 11/02/09 1/04/09 5/02/09 13/10/09 3/07/09 13/03/09 30/08/09 12/03/09 10/07/09 13/06/09 7/05/09 30/06/09 23/07/09 20/07/09 23/01/09 10/06/09 1/05/09 26/11/09 12/09/09 3/11/09 28/02/09 11/03/09 11/03/09 7/10/09 31/07/09 1/07/09 26/05/09 31/10/09 25/09/09 9/04/09 8/10/09 8/10/09 19/05/09 15/06/09 17/06/09 9/10/09 11/04/09 21/09/09 10/09/09 29/04/09 27/10/09

590,000 610,000 300,000 404,000 448,750 350,000 430,000 500,000 540,000 412,380 535,000 530,000 545,000 520,000 500,000 400,000 910,000 880,000 550,000 640,000 452,000 420,000 502,000 460,000 350,000 465,000 573,000 527,000 445,000 532,500 466,000 390,000 435,000 435,000 415,000 819,000 625,000 215,000 420,000 916,667 1,520,000 2,100,000 500,000

7. 2010 (TO DATE) RESIDENTIAL AVOCA BEACH SALES

ADDRESS 11 PLANTATION PL AVOCA BEACH 90 RIDGWAY RD AVOCA BEACH 8 ENDEAVOUR DR AVOCA BEACH 117 THE ROUND DR AVOCA BEACH 21 CAPE THREE POINTS RD AVOCA BEACH 51 ASCOT AV AVOCA BEACH 134 AVOCA DR AVOCA BEACH 32 CLEMENTS DR AVOCA BEACH 337 THE ROUND DR AVOCA BEACH 2/10 CAPE THREE POINTS RD AVOCA BEACH 4/10 CAPE THREE POINTS RD AVOCA BEACH 6 CHESWICK ST AVOCA BEACH 67A RIDGWAY RD AVOCA BEACH 112 THE ROUND DR AVOCA BEACH 28 CHAPMAN CR AVOCA BEACH 10 ENDEAVOUR DR AVOCA BEACH 18 MOORES RD AVOCA BEACH 1/15 AVOCA DR AVOCA BEACH 1/15 AVOCA DR AVOCA BEACH 198 THE ROUND DR AVOCA BEACH 62 CAROLINA PARK RD AVOCA BEACH 3/15 AVOCA DR AVOCA BEACH 191 HILLSIDE RD AVOCA BEACH 47 ARDEN AV AVOCA BEACH 3/57 AVOCA DR AVOCA BEACH 6/45 AVOCA DR AVOCA BEACH 105 AVOCA DR AVOCA BEACH 73 THE ROUND DR AVOCA BEACH 286 AVOCA DR AVOCA BEACH 113 HILLSIDE RD AVOCA BEACH 2/1 AVOCA DR AVOCA BEACH 5/20 AVOCA DR AVOCA BEACH 5/35 AVOCA DR AVOCA BEACH

BED, BATH, CAR 3BED, 2BATH, 2CAR 4BED, 3BATH, 2CAR 3BED, 1BATH, 1CAR 2BED, 1BATH, 1CAR N/A 3BED, 2BATH, 3CAR 2BED, 1BATH 4BED, 2BATH, 2CAR 3BED, 2BATH, 4CAR N/A N/A TBA 3BED, 1BATH, 1CAR LAND TBA N/A 3BED, 2BATH, 2CAR N/A 3BED, 3BATH, 2CAR 4BED, 1BATH, 1CAR 4BED, 2BATH, 1CAR 3BED, 3BATH, 2CAR 4BED, 2BATH, 1CAR 3BED, 2BATH, 2CAR 3BED, 1BATH, 2CAR 3BED, 3BATH, 1CAR 4BED, 3BATH, 2CAR 3BED, 3BATH, 1CAR 2BED, 1BATH 4BED, 3BATH, 2CAR 4BED, 3BATH, 2CAR 3BED, 2BATH, 1CAR 3BED, 1 BATH, 1CAR

LAND SIZE 753 sqm 645 sqm 835 sqm 968 sqm 1328 sqm 904 sqm 506 sqm 753 sqm 483 sqm N/A N/A 785 sqm 403 sqm 719sqm 980 sqm N/A 750 sqm N/A N/A 740 sqm 809 sqm N/A 734 sqm 1195 sqm 735 sqm 2433 sqm 866 sqm 752sqm 601sqm 1174sqm 882sqm N/A 1194sqm

SALE DATE 9/01/10 18/01/10 19/01/10 20/01/10 27/01/10 30/01/10 30/01/10 30/01/10 1/02/10 5/02/10 5/02/10 9/02/10 15/02/10 15/02/10 19/02/10 23/02/10 3/03/10 8/03/10 08/03/10 10/03/10 15/03/10 15/03/10 16/03/10 19/03/10 20/03/10 23/03/10 24/03/10 26/03/10 29/03/10 06/04/10 10/04/10 08/04/10 23/04/10

PRICE 420,000 720,000 420,000 425,000 748,000 1,375,000 1,290,000 570,000 415,000 590,000 590,000 575,250 140,000 TBA 438,000 410,000 585,000 1,200,000 1,200,000 430,000 442,500 TBA 645,000 825,000 725,000 746,500 3,125,000 455K – 530K 395,000 1,020,000 1,950,000 440,000 TBA

8. WHAT PROPERTIES ARE CURRENTLY ON THE MARKET IN AVOCA BEACH?

Please turn over to find a summary of the current listings in Avoca Beach.

LOCAL MARKET REPORT Currently for Sale PROPERTY & SUMMARY

BEDS

96 Cape Three Points Rd, Avoca Beach

LIST DATE

LIST PRICE

CURRENT PRICE

10/3/2010

$1,250,000

PHOTO

5 Bed, 4 Bath, 2 LUG, 942sqm Elevated position, commanding 180 degree views to North Avoca. Five double bedrooms with builtins, balcony access from four. Master bedroom with walk-in, ensuite with dramatic views. Modern kitchen.Dual tiled balconies. In-ground salt water pool with paved entertaining area. Parents retreat, ducted air conditioning, security alarm. Polished timber floorboards. Separate cottage in original condition for guest accommodation. Carport and off street parking, under house storage. Close to Avoca Beach, shops and schools, one hour to Sydney. 1/55 Avoca Dr, Avoca Beach

6/3/2010

$950,000

3 Bed, 2 Bath, 1 LUG Just four years old, these stylish light filled apartments are located in a boutique complex of three, just 100m from the golden sands of Avoca Beach.Northfacing and sunny, single level living.3 bedrooms, two bathrooms and secure parking. Choice of two,including unique garden unit.

1/19 Avoca Dr, AVOCA BEACH

6/12/2009

$695,000

3 Bed 2 Bath 2 Car This 3 bedroom 2 bathroom open plan unit with balcony is only 1 minute to the Avoca Beach rock pool. Also offering a modern kitchen, 2 car garaging, peaceful outlook and located in a quality complex of only 7.

37 Avoca Dr, AVOCA BEACH

4/2/2009

$2,000,000

2 Bed 1 Bath 1 LUG 1145sqm Zoned 2B, this property is one of the last development opportunities in the Avoca Bowl. On a 1,145m2 sunny level block, within easy level walk of the beach, this old timer offers the opportunity to either update, rebuild or redevelop entirely. With a possible four* luxury sized units or townhouses in this development, and direct access from the western boundary lane-way, this development will compete at the top end of holiday and exclusive homes in the Avoca bowl.

2/55 Avoca Dr, AVOCA BEACH

6/3/2010

$950,000

3 Bed, 2 Bath, 2 LUG Just four years old, these stylish light filled apartments are located in a boutique complex of three, just 100m from the golden sands of Avoca Beach.Northfacing and sunny, single level living.3 bedrooms, two bathrooms and secure parking. Choice of two,including unique garden unit.

15/127 Avoca Dr, AVOCA BEACH

5/2/2010

$840,000

2 Bed, 1 Bath, 1 LUG Situated on Avoca Beach is this renovated 2 bedroom apartment, offering top floor position with north easterly ocean and beach views and direct access to the beach. Undercover single car space and a steady rental income makes this unit definitely worth a look.

Printed: 29/04/2010

Page 1

LOCAL MARKET REPORT Currently for Sale PROPERTY & SUMMARY

BEDS

11 Dandenong Cl, AVOCA BEACH

LIST DATE

LIST PRICE

CURRENT PRICE

29/4/2010

$559,000

PHOTO

4 Bed, 2 Bath, 2 LUG, 772sqm Offering a great opportunity to purchase an affordable family home or investment property in Avoca Beach. Set in a quiet cul-de-sac this immaculately presented home offers 4 bedrooms, main with ensuite, 2 separate living areas, polished timber floors, courtyard entertaining area with terraced yard and double garage with internal access.

314 Avoca Dr, AVOCA BEACH

2/6/2005

$2,200,000

$1,485,000

3 Bed, 2 Bath, 1 LUG, 1948sqm 5 Sensational acres within walking distance of Avoca Beach. North facing and drenched in sun this property has a raft of possibilities. Zoned 7C3 tourist development with D.A approval for 16 free standing villas. Currently featuring a stylish and comfortable 3 bedroom home. An awesome property for the kids, horses, pets and even the in-laws. A totally versatile property with the added advantage to further capitalize 6/194 Avoca Dr, AVOCA BEACH

13/12/2009

$795,000

$745,000

3 Bed, 2 Bath, 2 LUG Inground Pool, Ensuite, A/C, Gym, sauna & BBQ area, 3 bedroom, 2 bathroom unit situated in The Avoca Palms Resort. Security parking for 2 cars, private courtyard at the rear of the unit + balcony. Resort facilities include, heated pool, gym, sauna and BBQ area. Popular holiday spot for families from Sydney and country NSW for many years.

7/194 - 198 Avoca Dr, AVOCA BEACH

14/12/2009

$799,500

$775,000

3 Bed, 2 Bath, 2LUG Live the resort life here in Avoca's only true resort, complete with heated pool, gymnasium sauna and spa. Just metres from the beach, cafes and cinema, and offering lovely ocean and village views, this superbly appointed, generously proportioned 3 bedroom luxury apartment provides for your every wish, either as a holiday retreat or care-free permanent address Double secure parking and separate storeroom are bonus inclusions. The on site management look after your rental income. 20/194 - 198 Avoca Dr, AVOCA BEACH

20/9/2008

$985,000

$895,000

3 bed 2 Bath 2 LUG Situated in the Avoca Palms Resort, overlooking Heazlett Park and Avoca Lagoon is this well appointed 3 bedroom unit. Security parking, fantastic resort facilities including heated pool, gym, sauna and BBQ area.

Printed: 29/04/2010

Page 2

LOCAL MARKET REPORT Currently for Sale PROPERTY & SUMMARY

BEDS

31/194 Avoca Dr, AVOCA BEACH

LIST DATE

LIST PRICE

CURRENT PRICE

20/3/2010

$1,025,000

PHOTO

3 Bed, 2 Bath, 2 Car, Inground Pool, Ensuite, Beach and ocean views. Just listed in the beautiful Avoca Palms Resort is this fantastic 3 bedroom unit on the top floor of the complex. Quality has been kept in mind throughout the entire unit. Features include, ensuite to main bedroom, lounge and dining. The balcony possesses a birds eye view over the ocean, lake and pool. The complex has an on site manager, pool, gym, sauna, spa, games room and BBQ facilities, making this a great holiday place or investment property! 5/162 Avoca Dr, AVOCA BEACH

19/8/2008

$675,000

$499,000

2 Bed 1 Bath This spacious 2 bedroom apartment is set in a prime location opposite the beach and adjacent to Avoca's cafes and restaurants. Enjoying loads of sunshine and taking in some ocean and beach views. The property features a separate lounge room, a spacious galley kitchen with massive island bench and stunning glass ceiling combined with an open plan dining / entertainment area. 242 The Round Dr, AVOCA BEACH

27 Cape Three Points Rd, AVOCA BEACH

21/10/2008

$475,000

$269,000

8/3/2010

$520,000

2 Bed, 2 Bath, 1 LUG, 686sqm Nestled in a leafy enclave with lake views within short stroll to cafes and restaurants as well as beach, this beautifully presented home offers bright sunny interiors, 2 generous bedrooms with en suite to main bedroom, separate dining, sunroom, plenty of outdoor entertaining space and ample off street parking. 2 Austral Ave, AVOCA BEACH

6/3/2010

$1,425,000

$1,350,000

2 Bed, 1 Bath, 1 LUG, 485sqm Located within 200m of the beach and boasting spectacular north-easterly beach, ocean and headland views. Spacious open plan living and dining areas make use of plentiful windows designed to maximise the view and flow onto a superb outdoor entertaining deck. Comfortable accommodation comprises 2 bedrooms + sleepout. Other features include modern kitchen, renovated bathroom, polished timber floors.

Printed: 29/04/2010

Page 3

LOCAL MARKET REPORT Currently for Sale PROPERTY & SUMMARY

BEDS

165 Avoca Dr, AVOCA BEACH

LIST DATE

LIST PRICE

CURRENT PRICE

8/5/2009

$2,750,000

PHOTO

691sqm vacant land Superbly positioned on the Avoca beachfront, this 769sqm vacant parcel of land takes in sweeping headland to headland beach and ocean views, and enjoys the enviable reputation of being Avocas most northern beachfront property. Perfectly orientated to greet the first rays of morning sun, or catch a mid afternoon summer storm out to sea, the opportunity to create your very own designer beachhouse on Avocas last vacant beachfront block of land is very real indeed. 26 Endeavour Dr, AVOCA BEACH

5/4/2010

$1,100,000

$975,000

4 Bed, 4 Bath, 3 Car, 872sqm In Avocas most sought after residential street with over 870 square metres of level land and backing Arden Ave. Your choice of a large family home with 4 bedrooms, 3 bathrooms and 2 kitchens or a 2 bedroom home and a 2 bedroom self contained flat. A true northerly aspect and a short stroll to the beach with accommodation for 3 cars. 75a The Round Dr, AVOCA BEACH

30/6/2009

$555,000

24/3/2010

$830,000

1354sqm vacant lakefront land

104 Hillside Rd, AVOCA BEACH

4 Bed, 3 Bath, 2 Car, 923sqm Picture yourself waking up to views of the ocean, walking seven minutes down to the village for your weekend brunch and coffee, then coming home to spend the afternoon on your large north facing entertaining deck. It's the perfect blend of location and lifestyle. Four spacious bedrooms with built-in robes. Master bedroom; ensuite, ocean views, access to deck and spa. Great sized quiet office, nursery or fifth bedroom Brand new clean white kitchen with stainless steel Miele appliances. Large tri-fold doors leading from open kitchen/dining to deck. Polished floorboards and new carpet throughout. Underground three phase power with new wiring throughout. Additional room downstairs ideal for home gym or external office. Two undercover parking spaces with covered access to house 22 Warren Ave, AVOCA BEACH

21/4/2010

$850,000

4 Bed, 2 Bath, 1 LUG Located in one of Avoca's premier residential streets and only a short 300m stroll to the surf. This renovated beach house is ideal for either permanant living or as a cool holiday pad. Featuring 4 bedrooms with several living areas. This character cottage is well presented throughout capturing loads of sun and sea breezes. Currently returning in excess of $30,000/pa. This is a fabulous opportunity to aquire a great property in a blue ribbon position.

Printed: 29/04/2010

Page 4

LOCAL MARKET REPORT Currently for Sale PROPERTY & SUMMARY

BEDS

11 Endeavour Dr, AVOCA BEACH

LIST DATE

LIST PRICE

CURRENT PRICE

29/2/2008

$1,599,000

$1,250,000

PHOTO

7 Bed, 3 Bath, 3 LUG, 753sqm A residence that offers every conceivable luxury plus sensational living and entertaining spaces that focus on the total family lifestyle with fully self contained 3 bedroom retreat downstairs with huge open plan living, stone kitchen, bathroom and private balcony area. Upstairs consists of 4 bedrooms, study, 2 bathrooms, state of the art gourmet kitchen, light filled open plan living and huge entertaining balcony offering easterly views to the ocean and just a short stroll to the beach and village. 45 Carolina Park Rd, AVOCA BEACH

5/3/2010

$479,000

$455,000

4 Bed, 2 Bath, 778sqm This newly renovated house offers 3 bedrooms, main with ensuite plus a study or 4th bedroom. There is a huge open plan lounge and dining, family room with high ceilings and open fireplace. A gourmet kitchen completes the living areas that opens onto arguably the biggest entertaining deck you will ever come across.

232 Avoca Dr, AVOCA BEACH

15/9/2009

$650,000

$579,900

5 Bed, 4 Bath, 2 LUG, 414sqm This immaculately presented property enjoys a perfect northeast aspect, pleasant lake glimpses and is an easy, level walk to Avoca s beach, cafes and restaurants. Spacious living and entertaining areas flow over two impressive levels showcasing high ceilings, front balcony and private rear deck. Generous accommodation comprises 5 bedrooms, the master and 2nd bedroom with en-suites, and all with built-in-robes. Other features include high ceilings, reverse cycle air conditioning, 2 additional bathrooms, double garage + workshop, and fully fenced low maintenance grounds. A fantastic home or relaxing weekender within minutes to the beach!

40 Walder Cres, AVOCA BEACH

15/1/2010

$529,000

$519,000

4 Bed, 2 Bath, 2LUG, 780sqm This character filled rustic style home is sure to impress. Backing onto a strip of bush reserve, the property enjoys a private outlook and features 4 bedrooms, 2 bathrooms, open plan lounge & dining, massive entertaining deck with northerly sunshine and breezes. The home also has a fully self contained separate flat, landscaped gardens and a great level back yard. 111 Cape Three Points Rd, AVOCA BEACH

9/11/2009

$1,500,000

$1,400,000

4 Bed 3 Bath 4 LUG 891sqm This stunning architect inspired coastal residence enjoys a pleasant ocean outlook, and is perfectly orientated to capture the northern sun and cross ventilation of intoxicating sea breezes. Spacious living and casual dining areas surround an impressive timber, granite & stainless steel kitchen, boasting high ceilings, a combination of full length windows and glass sliding doors spanning the entire width of the home, and a superb outdoor entertaining balcony perfect for relaxing with family and friends. Other features include huge entertainment and rumpus rooms, private courtyard with sparkling in-ground pool, 4 car garage, and fully fenced landscaped grounds.

Printed: 29/04/2010

Page 5

LOCAL MARKET REPORT Currently for Sale PROPERTY & SUMMARY

BEDS

78 Avoca Dr, AVOCA BEACH

LIST DATE

LIST PRICE

CURRENT PRICE

9/4/2010

$2,350,000

PHOTO

4 Bed, 3 Bath, 2 LUG, 860sqm PAVILIONS: Just moments to the shores of Avoca Beach "Pavilions" offers effortless seaside living in idyllic surrounds. Spacious glass wrapped living areas open seamlessly onto sunlit poolside terraces. This contemporary home is built over three levels with an emphasis on open plan living and has been designed to maximise light, functionality, privacy and flow and incorporates every possible luxury. Features include 4 bedrooms, 3 bathrooms and powder room, office or 5th bedroom, 2 living areas and security gates with intercom. 64 Cape Three Points Rd, AVOCA BEACH

10/3/2009

$1,950,000

$1,700,000

4 Bed 2 Bath 1 LUG 1132sqm This superbly presented coastal property combines stunning 180 degree beach & ocean views with the perfect North East aspect.Fully renovated and single level the home features a separate self contained accommodation and polished timber floors. Set on 1132sqm block there is subdivision potential subject to council approval.

141 Cape Three Points Rd, AVOCA BEACH

2/10/2009

$700,000

$625,000

Land 893sqm Perched high on the hill with unobstructed views, this near level vacant site is arguably the finest residental home site in Avoca. With a due north aspect and superb elevatilon, it affords a huge scope of building opportunity across it's 893 sqm canvas.Bring your Architect, your Builder and your dreams. A genuine blue chip opportunity.

72 Cape Three Points Rd, AVOCA BEACH

23/3/2010

4 Bed, 2 Bath, 2 Car, 513sqm Superbly presented, just walk in and unwind in this beautiful beach home set against an everchanging seascape of blue and green. With panoramic views from the rock pool to the Skillion, this home enjoys arguably the most beautiful and majestic outlook in Avoca Beach. Large covered entertaining deck; travertine marble flooring; light and breezy open plan living. Self contained guest accomodation below, ideal for family and friends or as a B & B. Master bedroom with breathtaking views; just a short walk to the sparkling shoreline. Portions of level, useable land if you wish to add a pool; off street parking for three cars. 8 Fitzgibbon Cl, AVOCA BEACH

21/1/2010

$559,000

$549,000

5 Bed, 2 Bath, 751sqm Set high from the street and enjoying a sunny northerly aspect with lake and valley views is this good size family home. The property features 5 bedrooms, 4 with built-ins, 3 separate living areas and massive front undercover entertaining deck which takes in the lovely outlook. The home is complete with a rear entertaining deck, spacious yard area and above ground swimming pool.

Printed: 29/04/2010

Page 6

LOCAL MARKET REPORT Currently for Sale PROPERTY & SUMMARY

BEDS

26 Laird Dr, AVOCA BEACH

LIST DATE

LIST PRICE

CURRENT PRICE

15/1/2010

$1,185,000

PHOTO

4 Bed, 3 Bath, 2 LUG, 740sqm A magnificent home of grand proportions with every conceivable extra! The impressive open plan living areas of this home flow seamlessly from indoors to outdoors with a perfect North Easterly aspect. Comprising of 4 bedrooms, 3 living areas, including a home theatre room with wet bar, and a sparkling in-ground pool with spa. The stylish chef s kitchen is equipped with European appliances and Caesar stone bench tops. Additional features include reverse cycle air conditioning, CBus, heated floors, security alarm and a fully fenced yard. An unrivaled home of true quality with every extra you could wish for - you won't be disappointed! 25 Endeavour Dr, AVOCA BEACH

31/8/2007

$1,000,000

$900,000

771sqm vacant land. This superb block is situated in a premier cliff front position in one of Avocas most prestigious streets. Gently sloping 771m2 with expansive ocean views positioned on the cliff top in a quiet cul-de-sac. You can create your dream home on this easy to build site. Quality homes surround. Dont miss your opportunity to purchase in one of Avocas best streets! 71 Hillside Rd, AVOCA BEACH

18/4/2009

$720,000

$695,000

4 Bed 2 Bath 2 LUG 689sqm Set high on the hillside overlooking lake and ocean views to the north is this 4 bedroom, 2 bathroom home. With open plan kitchen, lounge and dining flowing onto a large entertaining deck looking onto a level fenced yard. 2 car garaging and loads of extra parking. All this within an easy walk to the beach. 174 Hillside Rd, AVOCA BEACH

11/4/2010

4 Bed, 2 Bath, 2 LUG, 1060sqm

4 Cheswick St, AVOCA BEACH

22/1/2010

$600,000

$599,000

5 Bed, 2 Bath, 787sqm This home is nestled high in the heart of Avoca, with a northerly aspect and plenty of room for family and friends. Featuring 5 bedrooms and master bedroom with lovely ensuite and spacious family bathroom. There are three living areas and polished floorboards throughout with additional entertaining space outdoors with first and second floor decking offering the best of outdoor living. A teenagaer retreat downstairs with third bathroom and outdoors to the large backyard for the kids! Large garage will fit up to four cars and plenty of storage room. Situated on a generous 787sqm block and only minutes to Avoca Beach, Cafes and Restaurants.

Printed: 29/04/2010

Page 7

LOCAL MARKET REPORT Currently for Sale PROPERTY & SUMMARY

BEDS

5/127 Avoca Dr, AVOCA BEACH

LIST DATE

LIST PRICE

CURRENT PRICE

7/2/2009

$975,000

$899,000

PHOTO

2 Bed 1 Bath 1 LUG Immaculate two bedroom unit in popular beachfront strata complex with sunny north east aspect to take in surf, beach & ocean views from living and balcony. An internal laundry and security undercover carspace complete the picture.

3 Franklin Ave, AVOCA BEACH

13/3/2010

$490,000

$479,500

4 Bed, 2 Bath, 808sqm This property enjoys the quietest of cul-de-sac settings with tranquil bush and valley views. Spacious open plan living and dining areas flow the full width of the home, incorporating a modern kitchen. Other features include a choice of 2 entertaining decks, a huge 2nd living area, beautiful timber floors, air conditioning and a leafy outlook from nearly every room. 121 Hillside Rd, AVOCA BEACH

6/12/2009

$829,000

$745,000

4 Bed, 2 Bath, 2 Car, 1018sqm Tucked away on a 1018sqm block is this well built family home. Offering split level design, solid concrete and brick construction with 4 bedrooms, gourmet kitchen, lounge, dining and rumpus. Enclosed sunroom with glass walls and roof, large balconies and huge private entertaining deck with ocean glimpses and bush outlook. 22 Fairscene Cres, AVOCA BEACH

19/12/2009

$975,000

$895,000

3 Bed, 2 Bath, 2 Car, 778sqm Situated in fabulous Fairscene Crescent this unique property has two separate dwellings with both rented. Your chance to buy that income earning weekender, sit on the sunny deck and enjoy the surf & ocean view only 400 metres away via the pathway. They don't come up often!

1/4 Ficus Ave, AVOCA BEACH

3/7/2009

$605,000

$589,000

3 Bed, 2 Bath, 1 LUG Great ocean, beach and lake views from this fantastically positioned 3 bedroom townhouse in a complex of only 3. There are 2 bathrooms, large decks and a garage

13 Ficus Ave, AVOCA BEACH

26/2/2010

$1,600,000

$1,475,000

3 Bed, 1 Bath, 1 Car, 986sqm 1940s beach house set right on the mouth of Avoca's famous lake and surf beach, occupies one of the finest north facing positions the Central Coast has to offer. Superbly presented, this idyllic setting makes the ideal weekend escape and private getaway. Huge entertainment deck with beach, lake, idyllic tree-lined views.

Printed: 29/04/2010

Page 8

LOCAL MARKET REPORT Currently for Sale PROPERTY & SUMMARY

BEDS

116 Avoca Dr, AVOCA BEACH

LIST DATE

LIST PRICE

CURRENT PRICE

PHOTO

22/1/2010

3 Bed, 1 Bath Situated at the prime address of 116 Avoca Drive, Avoca Beach in arguably one of the tightest held strips of real estate on the Central Coast, and being a mere 100 metres to the beach sits this quintessential beach residence.The home is of full brick and suspended concrete construction, consisting of 3 bedrooms and huge rumpus on the lower level, upstairs has cathedral ceilings, large kitchen, open plan lounge and dining which spills out onto a huge terrace to soak up the totally in your face seascape, stretching from Avoca Point in the south to the monumental rocky outcrop of the Skillion to the North.

3/1 Avoca Drive, Avoca Beach

1/3/2010

$2,100,000

$2,150,000

4 Bed, 3 Bath, 2 LUG, 882sqm Bold contemporary and award-winning design principles of celebrated architect Craig Rosevear define this magnificent apartment which respects the environment and accommodates the demands of permanent and seasonal occupation. Two opulent levels caressed by the sound of the surf offer an enviable environment. The top level is devoted to indoor/outdoor entertaining with floor to ceiling glass which maximizes the spectacular beach and ocean views and allows natural light to flow in. Contemporary in design the apartments feature heated polished concrete floors and an enormous open fire for those cosy winter nights. The galley style kitchen is fitted with luxury appliances including stainless steel Gaggenau oven, separate bar fridge and icemaker. With exquisite bathing and sleeping quarters, elegant entertaining and perfect north east aspect, this apartment promise's a 4/1 Cliff Avenue, Avoca Beach

22/2/2010

$1,880,000

$1,695,000

4 Bed, 3 Bath, 3 LUG

This north facing townhouse is set in a small complex of 4 and has private and gated vehicular access to an underground car park. The property features spacious sun-filled interiors, massive entertaining areas including two north facing balconies

2/15 Avoca Drive, Avoca Beach

9/2/2010

$995,000

3 Bed 3 Bath 2LUG Quality interior finishes throughout, kitchen has Smeg and Fisher & Paykal appliances, granite benchtops, bathrooms feature Villeroy & Boch bath and toilet, heated towel rail and underfloor heating. Laundry supplied with Bosch washer & dryer. Quality timber, tile & carpet throughout. Private lobby entrance, 2 decks, intercom and door security system. Individual store room, ducted reverse cycle air conditioning, solar hot water system, joinery doors.

Printed: 29/04/2010

Page 9

LOCAL MARKET REPORT Currently for Sale PROPERTY & SUMMARY

BEDS

26 Arden Av, Avoca Beach

LIST DATE

LIST PRICE

CURRENT PRICE

31/3/2010

$1,300,000

PHOTO

4 Bed 2 Bath 2 Car 900sqm Situated in the exclusive Avoca Beach Bowl is this classic home which conjours up thoughts of another place yet fits beautifully into its surrounds. Consisting of 4 bedrooms, main with ensuite, WIR and parents retreat. 2 living areas, contemporary kitchen, 2.5 car garage with loads of storage. Landscaped gardens (900sqm block, approx) Northerly aspect and views of the beach. 288 Avoca Drive , Avoca Beach

6/4/2009

$290,000

530sqm vacant land Over 530 square metre fully serviced rare vacant land. Northerly aspect overlooking the lake, just moments to all of Avoca's amenities including beach, cafes and restaurants with a wide street frontage and set well back from the street. Perfect block to design and build your dream home.

Printed: 29/04/2010

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9. AVOCA BEACH PAST AND PRESENT

The area was originally inhabited by the Awabakal Aboriginal people. "Avoca" is an Irish name meaning "great estuary" or "where the river meets the sea", and is also the name of a town in County Wicklow, Ireland. On 4th January 1830, 640 acres (259 ha) of land in the area were promised to Irish army officer John Moore. However, the official deeds were not issued until 30th September 1839, due to the difficulty in surveying the land. He built a house opposite Bulbararing Lake (now known as Avoca Lake) and planted vines, cereals and fruit trees. He left the area in 1857 for the Victorian goldfields. In the late 19th century, Tom Davis leased the area in order to exploit local timber, which was transported by tram to a mill at Terrigal via what is now Tramway Road in North Avoca. Residential development in Avoca Beach began during the 20th century, and the area subsequently became a popular holiday retreat with wealthy residents of Sydney's North Shore. SCHOOLS Avoca Public School was established in The Round Drive in 1935 with a dozen or so students and one teacher. The school is situated on a sloping site beside a lagoon. Between the school and the lagoon is an area of bushland that is being restored to its native state by a dedicated group including students, teachers and parents.

School of 1935

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CLUBS

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Avoca Beach Surf Life Saving Club http://www.avocabeachslsc.asn.au/ Avoca Beach Rugby Club http://www.avocasharks.rugbynet.com.au/ Avoca Sharks Football Club http://www.avocafc.com/ 1st Avoca Beach Scouts http://www.avocascouts.com/ Avoca Boardriders Club http://avocaboardriders.com/ South Central Coast Bodyboarders Club http://www.sccbclub.com/ Avoca Beach Volunteer Rural Fire Brigade http://avocafire.info Avoca Bowling and Recreation Club http://www.avocabowling.com.au/ Avoca Beach Tennis Club http://www.avocabeachtennis.com/

AVOCA BEACH SURF LIFE SAVING CLUB The Avoca Beach Surf Life Saving Club is one of the most predominant and active in the region. It was formed in 1929 after a tragic double drowning at Avoca Beach. The original clubhouse was built by voluntary labour at a cost of 115 pounds. By the1950’s the clubhouse was far too small for its needs and in 1958 the new plans for a clubhouse were finalised with the clubhouse completed in the 1964-65 season. 1971 saw a major extension to the back and side, and then in the 2004-2005 season plans were again finalised and grants sourced for the refurbishment and rebuilding of the clubhouse, with the building re-opened in August 2006.

AVOCA BEACH PICTURE THEATRE The theatre was constructed in 1951 by Norman Hunter and his brother Mervyn and has been a hub of entertainment for the past 60 years. It continues in the same family, owned and operated by Norman and Beth Hunter.

STRUCTURES OF INTEREST Very few of the original homes in Avoca are in existence today. If indeed they do exist then the majority are altered to some extent. The Avoca Beach Picture Theatre and the petrol station/garage near the oval are in almost original condition and are constructed from concrete blocks manufactured by the Marriot Family in Avoca Beach. The Log Cabin on the beachfront is still intact and is evident in photographs taken during the 1930s.

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APARTMENTS OF INTEREST “The Lighthouse” which sits at the top of Cliff Avenue was completed in February 2003. It contains the area’s most exclusive apartments. Each apartment in the ultra-modern building covers an entire floor. The exception is the penthouse which covers two levels.

10. AVOCA BEACH DEMOGRAPHICS PERSON CHARACTERISTICS Total persons (excluding overseas visitors) Males Females

Avoca Beach Region 4,196

% of total persons in Region

2,100

50.00%

9,799,252

49.40%

2,096

50.00%

10,056,036

50.60%

Australia 19,855,288

% of total persons in Australia

Indigenous 42 1.00% 455,031 2.30% persons (comprises Aboriginal and Torres Strait Islander) In the 2006 Census (held on 8th August 2006), there were 4,196 persons usually resident in Avoca Beach (Suburb): 50.0% were males and 50.0% were females. Of the total population in Avoca Beach (Suburb) 1.0% were Indigenous persons, compared with 2.3% Indigenous persons in Australia.

Avoca Beach Region 270

% of total persons in Region 6.40%

Australia 1,260,405

5-14 years

648

15.40%

2,676,807

13.50%

15-24 years

589

14.00%

2,704,276

13.60%

25-54 years

1,725

41.10%

8,376,751

42.20%

55-64 years

472

11.20%

2,192,675

11.00%

AGE 0-4 years

% of total persons in Australia 6.30%

65 years and 493 11.70% 2,644,374 13.30% over In the 2006 Census 21.9% of the population usually resident in Avoca Beach (Suburb) were children aged between 0-14 years, and 23.0% were persons aged 55 years and over. The median age of persons in Avoca Beach (Suburb) was 38 years, compared with 37 years for persons in Australia.

SELECTED CHARACTERISTICS Australian citizenship Persons born overseas Overseas visitors (excluded from all other classifications)

Avoca Beach Region 3,778

% of total persons in Region

% of total persons in Australia

90.00%

Australia 17,095,569

591

14.10%

4,416,037

22.20%

0.50%

206,358

1.00%

86.10%

In the 2006 Census, 90.0% of persons usually resident in Avoca Beach (Suburb) were Australian citizens, 14.1% were born overseas and 0.5% were overseas visitors.

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% of total persons in Region

Australia

Avoca Beach Region 3,378

80.50%

Australia 14,072,944

England

COUNTRY OF BIRTH

% of total persons in Australia 70.90%

268

6.40%

856,939

4.30%

New Zealand

1.70%

389,463

2.00%

South Africa

0.80%

104,127

0.50%

Scotland

0.70%

130,204

0.70%

Germany

0.40%

106,525

0.50%

In the 2006 Census, 80.5% of persons usually resident in Avoca Beach (Suburb) stated they were born in Australia. Other common responses within Avoca Beach (Suburb) were: England 6.4%, New Zealand 1.7%, South Africa 0.8%, Scotland 0.7% and Germany 0.4%.

LABOUR FORCE Total labour force (includes employed and unemployed persons) Employed fulltime Employed parttime

Avoca Beach Region 2,136

% of persons in the labour force in the region -

Australia 9,607,987

% of persons in the labour force in Australia -

1,132

53.00%

5,827,432

60.70%

766

35.90%

2,685,193

27.90%

Employed away from work

3.60%

337,991

3.50%

Employed hours not stated

2.30%

253,567

2.60%

Unemployed

112

5.20%

503,804

5.20%

Not in the labour force

983

5,271,116

During the week prior to the 2006 Census, 2,136 people aged 15 years and over who were usually resident in Avoca Beach (Suburb) were in the labour force. Of these, 53.0% were employed fulltime, 35.9% were employed part-time, 3.6% were employed but away from work, 2.3% were employed but did not state their hours worked and 5.2% were unemployed. There were 983 usual residents aged 15 years and over not in the labour force.

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OCCUPATION Professionals

Avoca Beach Region 495

% of employed persons aged 24.50%

Australia 1,806,010

% of employed persons in Australia 19.80%

Technicians and Trades Workers

308

15.20%

1,309,258

14.40%

Clerical and Administrative Workers

293

14.50%

1,365,805

15.00%

Managers

278

13.70%

1,202,267

13.20%

Sales Workers

240

11.90%

896,208

9.80%

Community and Personal Service Workers Labourers

189

9.30%

801,906

8.80%

142

7.00%

952,520

10.50%

2.80%

604,616

6.60%

Machinery Operators And Drivers

In the 2006 Census, the most common responses for occupation for employed persons usually resident in Avoca Beach (Suburb) were Professionals 24.5%, Technicians and Trades Workers 15.2%, Clerical and Administrative Workers 14.5%, Managers 13.7% and Sales Workers 11.9%.

INDUSTRY OF EMPLOYMENT School Education

Avoca Beach Region 144

% of employed persons aged 7.10%

Australia 414,214

% of employed persons in Australia 4.50%

Hospitals

4.50%

303,923

3.30%

Cafes, Restaurants and Takeaway Food Services Building Completion Services

4.40%

328,521

3.60%

2.70%

124,212

1.40%

Residential 54 2.70% 163,300 1.80% Building Construction In the 2006 Census, the most common industries of employment for persons aged 15 years and over usually resident in Avoca Beach (Suburb) were School Education 7.1%, Hospitals 4.5%, Cafes, Restaurants and Take Away Food Services 4.4%, Building Completion Services 2.7% and Residential Building Construction 2.7%.

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INCOME

Avoca Beach Region 515

Australia

Median individual 466 income ($/weekly) Median 1,147 1,027 household income ($/weekly) Median family 1,358 1,171 income ($/weekly) In Avoca Beach (Suburb), the median weekly individual income for persons aged 15 years and over who were usual residents was $515, compared with $466 in Australia. The median weekly household income was $1,147, compared with $1,027 in Australia. The median weekly family income was $1,358, compared with $1,171 in Australia.

Avoca Beach Region 1,128

% of total families in Region

Couple families with children

558

49.50%

2,362,582

45.30%

Couple families without children

376

33.30%

1,943,643

37.20%

One parent families Other families

178

15.80%

823,254

15.80%

1.40%

89,686

1.70%

FAMILY CHARACTERISTICS Total families

Australia 5,219,165

% of total families in Australia -

In the 2006 Census, there were 1,128 families in Avoca Beach (Suburb): 49.5% were couple families with children, 33.3% were couple families without children, 15.8% were one parent families and 1.4% were other families.

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DWELLING CHARACTERISTICS

Total private dwellings (includes unoccupied private dwellings) Occupied private dwellings:

Avoca Beach Region 2,152

% of total occupied private dwellings in region

1,513

Australia 8,426,559

7,596,183

% of total occupied private dwellings in Australia -

Separate house

1,261

83.30%

5,685,387

74.80%

Semi-detached, row or terrace house, townhouse etc

5.60%

702,550

9.20%

Flat, unit or apartment

3.20%

1,076,315

14.20%

119

7.90%

127,337

1.70%

0.00%

4,594

0.10%

Other dwellings Not stated

In the 2006 Census there were 1,513 occupied private dwellings counted in Avoca Beach (Suburb): 83.3% were separate houses, 5.6% were semi-detached, row or terrace houses, townhouses etc, 3.2% were flats, units or apartments and 7.9% were other dwellings.

TENURE TYPE OCCUPIED PRIVATE DWELLINGS

Avoca Beach Region 531

% of total occupied private dwellings in region

% of total occupied private dwellings in Australia

35.10%

Australia 2,478,264

Being purchased (includes being purchased under rent/buy scheme)

614

40.60%

2,448,205

32.20%

Rented (includes rent-free)

282

18.60%

2,063,947

27.20%

0.50%

65,715

0.90%

5.20%

540,050

7.10%

Fully owned

Other tenure type Not stated

32.60%

In Avoca Beach (Suburb), 35.1% of occupied private dwellings were fully owned, 40.6% were being purchased and 18.6% were rented.

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11. AVOCA BEACH ARCHITECTURE AND LANDSCAPE

AVOCA 1:OCEAN BEACHFRONT A foreshore residential subdivision exposed to the coastal weather, and the adjoining open ocean beach. Located upon a traditional subdivision of relatively uniform allotments facing a local thoroughfare with a formed edge and footpath along one side, opposite a wide sloping grassed verge, accentuating a generally casual seaside atmosphere. A medium-density mix of apartments plus scattered houses and seaside cottages can be viewed from two frontages. Over the past three or four decades, most original timber-framed seaside cottages have been redeveloped for large individually designed apartment buildings and houses of two-storey’s, accommodating both residents and holidaying visitors. Built to capture panoramic ocean views, the new buildings turn their backs to the street and create an almost continuous wall of buildings along the beachfront. Facing the beach, gardens are small and open, while traditional open street front gardens are often converted to parking courtyards enclosed by tall walls for security. Significant landscape elements include partial lines of Norfolk Island pines, and occasionally, surviving traditional cottage gardens that are densely planted. Avoca 2: Woodland Foreshores AVOCA 2: WOODLAND FORESHORES An established, low density residential subdivision in an open woodland setting surrounding a coastal lagoon. Situated on low to moderate slopes, this locality is enclosed by backdrops with ecological and scenic significance: melaleuca woodland along the lagoon foreshores and remnant woodland lining spurs descending from the wooded ridge tops. A local thoroughfare with unformed edges meanders along foot slopes between copses of tall eucalypts, facing simple front gardens that contain a scattering of canopy trees, both woodland remnants and planted, and providing a casual open woodland atmosphere. Houses are a mixture of traditional single storey, timber-framed coastal cottages, and newer brick buildings of one to two storeys. Surrounded by substantial shady gardens, the scale of these houses appears modest to moderate. Along the lagoon foreshores, managed gardens intermingle with indigenous wetland and woodland species located in public reserves. AVOCA 3: PARKLAND HILLSIDES Established low density residential subdivisions across open slopes that surround a Coastal lagoon. Modern subdivisions across hillsides are linked to an older subdivision along foot slopes and tracing the line of the lagoon foreshore. With slopes ranging from low to steep, an irregular 28

topography comprises spurs and gullies that generate a multitude of short vistas towards landscape backdrops of scenic and ecological value: eucalypt woodland along the ridges and top slopes, and melaleuca wetland around lagoon foreshores. Only a scattering of woodland remnants are preserved by modern hillside subdivisions with modestly-sized allotments and wide streets. In the flatter areas, streets are flanked by wide grassed verges and managed front gardens that are generally simple and open, and provide a tidy parkland atmosphere. The older foot slope subdivision faces a narrow local thoroughfare with unformed edges, meandering along the hillside contours between copses of tall eucalypts. Detached houses are generally simple modern designs, constructed of brick elevated above basement garages, or set upon mounded building platforms surrounded by retaining walls. A recent gully subdivision has created a secluded neighbourhood with houses varying from simple forms to individual designs, surrounded by well managed gardens and a woodland backdrop. A scattering of dual occupancy and secondary subdivisions occur on the larger original allotments, and there are small apartment blocks with shops in a minor business centre fronting the local thoroughfare. Avoca 4: Open Woodland Hillsides AVOCA 4: OPEN WOODLAND HILLSIDES An elevated open ridgeline and headland, flanked by moderate to steep hillsides, together forming a scenically-prominent coastal feature, as well as backdrops to Avoca Beach and the town centre. Along local access streets and major thoroughfares, relatively regular allotments support low density development of detached houses that can be viewed from all directions. Road pavements are often narrow, flanked by wide turfed verges and simple open gardens, providing a casual seaside atmosphere. Houses include traditional seaside cottages, timber-framed as well as brick, located predominantly along the foot slopes, with large individually-designed modern houses of two, three and sometimes four levels built along the ridgeline to capture panoramic ocean views. Large gardens are predominantly to the rear of houses, generally turfed and open but also supporting scattered remnant coastal banksias. Across extreme slopes surrounding the headland, a carpet of coastal woodland spills up and into wide side yards that separate neighbouring ridge top houses, preserving a semi-natural backdrop of tree canopies along the ridge, and accentuating the low-density appearance of development. Avoca 5: Woodland Hillsides

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AVOCA 5: WOODLAND HILLSIDES Low density residential subdivisions within open woodland lining ridges and top slopes that surround a coastal lagoon, and situated next to a scenically and ecologically significant corridor of coastal forest extending to a neighbouring locality. Moderate to steep slopes descend from flatter ridgelines, with older subdivisions covering the principal ridges, and more-recent development located on secondary ridges or across hillsides. Irregular topography comprising spurs and gullies generates a multitude of short localised vistas. Newer hillside subdivisions are relatively regular, with smaller allotments confining remnant woodland to blocks and corridors along rear boundaries, providing significant backdrops as well as contrasting the parkland atmosphere of well managed front gardens facing wide local access streets with formed edges. By contrast, the older ridge top subdivisions face local thoroughfares with unformed edges or wider major thoroughfares, either meandering along topographic contours between tall remnant eucalypts or running straight between copses of tall trees framing scenic lagoon vistas. Older, larger allotments on steeper slopes preserve a denser woodland canopy, with copses and corridors of tall trees along street frontages and wide side yards, also providing panoramic vistas towards the lagoon and coastline. Detached housing is generally modest in scale, ranging from single storey timber framed cottages to two storey brick. As well, there is a light scattering of dual occupancy developments and secondary subdivisions upon the larger original lots. Avoca 6: Medium Density Foreshores AVOCA 6: MEDIUM DENTSITY FORESHORES A small ribbon of allotments plus a large single allotment are situated in prominent locations near the main street centre, and accommodate either a variety of traditional coastal cottages and multi-unit developments, or have been fully developed for townhouses. Buildings in these locations are clearly visible from the ocean beachfront or Avoca Lagoon, and they vary in both height and scale from single storey seaside cottages that are surrounded by leafy coastal gardens, to brick-and-tile apartment blocks of two to three storeyâ&#x20AC;&#x2122;s flanked by extensive paving and narrow garden beds. Both locations have wide streets with broad grassed verges. AVOCA 7: MEDIUM DENSITY HILLSIDES Medium-density redevelopment of former cottage allotments, either singly or as larger sites, for apartments and townhouses. Predominantly located on moderate foot slopes backed by scenically-prominent ridgelines, medium density development accommodates both long term residents and visitors, and 30Â Â

occurs in three separate locations: the Avoca “bowl’, Avoca Drive and Cape Three Points Road. Fronting open coastal access streets and thoroughfares, located adjacent to parks that support significant community and recreation activities, these developments are highly visible from all directions. Multi-unit developments are generally multi-level buildings of substantial size, generally two to three storeys high with simple bulky forms, surrounded by extensive driveways, and contrasting both the form and landscape of surrounding localities where detached houses are set against wooded ridgelines and open hillsides. Individually-designed buildings, configured either as terraces of repetitive units, as stepping apartment blocks or as simple slab blocks, apartments are sited on sloping allotments cleared of original vegetation and retaining only small areas for landscaping, predominantly along the street frontage. On the steeper slopes, the density and scale of development are accentuated by closely-packed stepping blocks of two and three levels, which from a distance, appear to merge producing a several storey appearance. AVOCA 8: MOBILE HOME ESTATE Overlooking a coastal lagoon, two self-contained medium-density estates of small manufactured homes provide affordable accommodation for permanent residents. Surrounded by a perimeter of shady trees, manufactured homes are small single storey buildings, with a rectangular floor plan capped by simple gabled roofs. Designed and maintained as individual dwellings, each home is set close to neighbouring buildings and to access driveways that are flanked by narrow garden beds. The landscaped perimeter of each property incorporates broadly-spaced rows of trees and shrubs that screen the density of semi-permanent buildings as well as providing attractive backdrops to public places and surrounding properties. AVOCA 9: VILLAGE CENTRES A beachside destination, surrounded by a scenically distinctive ridgeline, located at the end of a busy thoroughfare, and also connected to surrounding residential localities by a network of local streets and pedestrian walkways, this locality is a focus of community and recreation activities for both residents and holidaying visitors. Accommodating a range of beachfront activities, this locality incorporates several areas and activities separated by roads and parking areas that carry substantial weekend and holiday traffic: South End Park plus two smaller beachfront reserves, the surf club, and two business premises that are compatible with the recreational focus (the Theatre and the nearby caférestaurant). Low scale buildings of one and two storey’s, providing a focus for pedestrian, recreation and community activities, and visible from all directions.

Streets have formed edges, with footpaths connected to beachfront parking areas and to reserves. Reserves have a simple, open seaside atmosphere with large areas of turf studded by woodland remnants, planted trees, and playground equipment. South End Park is intersected by an open watercourse, also accommodating peak season overflow car parking. AVOCA 10: MAINSTREET CENTRE Located below a scenically-prominent headland, fronting the ocean entrance to a coastal lagoon, and astride the intersection of two thoroughfares, the town centre is both highly visible and accessible to residents and holidaying visitors. Providing a broad range of recreational and retail services, plus permanent and visitor accommodation, this centre includes multi-storey mixed-use developments, retail shops and a service station, plus Heazlett Park and the Middle Avoca car park. Buildings vary in height and scale from four and five storey terraces of shop-top apartments that mimic the headland’s form, to smaller one and two storey street frontage and courtyard developments, interspersed by undeveloped allotments that incorporate steep to extreme hillsides. Wide streets with formed edges are flanked by broad footpaths along shop fronts, supporting high concentrations of pedestrian activity, connecting to recreation and community facilities located in Heazlett Park and along the beach frontage. AVOCA 11: RECREATION CENTRE Close to the intersection of the primary suburban access road and a regional thoroughfare, a bowling club, motel development and hotel sit on land that has been entirely or partly cleared. Buildings vary in scale and style from a substantial single-storey industrial-style shed, to clusters of architecturally-designed two storey brick and timber pavilions. Landscape treatments vary from an open forecourt surrounding bowling greens, to a parkland frontage of planted trees scattered across turfed slopes that partly conceal buildings and provide a semi-rural atmosphere. Commercial signs are relatively low key, principally providing identification plus a few small scale advertisements. Buffers AVOCA 12: SCENIC BUFFERS A large rural allotment, situated on moderate to gentle slopes and fronting the main road to Avoca Beach. A partially cleared former grazing property, with fencing, yards and outbuildings along the road frontage, and open paddocks surrounded by an unbroken backdrop of dense woodland, provides a scenically-distinctive backdrop to the main road and tourist route. Avoca 13: Scenic Conservation

AVOCA 13: SCENIC CONSERVATION Three areas containing blocks of woodland and forest that are scenically and ecologically significant: one flanking a creek line that feeds the coastal lagoon, another comprising rural residential blocks on hillsides and ridgelines to the south of Avoca Drive, and the third an area of coastal woodland on the exposed headland to the south of Avoca Beach that has been identified for future acquisition as coastal open space. Abutting established residential subdivisions at Avoca Beach, these areas maintain a substantial natural lagoon foreshore, are significant components in a fauna corridor linking Kincumber Mountain with the coast, and have natural qualities that contribute to the landscape value of a prominent coastal feature. The scenic-distinctiveness of these areas, reflecting the extent and integrity of bush land landscapes, indicates an ecological value that deserves conservation, in addition to their role as scenically distinctive buffers between neighbouring suburbs.

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12. REFERENCE LIST RP Data Gosford City Council Australian Bureau Statistics