Dee Why property market update with Phil Feseha

Dee why Market Update Phil Feseha YOUR LOCAL AGENT

Suburb sales 113

Total sales in Dee Why over the last 12 months

16-17/89 Dee Why Parade

61 Quirk Street

10/70-72 Howard Avenue

1527/17 Howard Avenue

6 Summit Avenue

2 Karrabee Street

12/66 Howard Avenue

1/5 Ilikai Place

9/149 Oaks Avenue

39 May Road

32 May Road

20/84-88 Dee Why Parade

Suburb statistics How Dee Why performed over the last 12 months

$8,050,000

$2,650,000

$1,000,000

Highest sale price

House sale price average

Unit sale price average

41

79

543

House days on market average

Number of sales houses

Number of sales units

20

$850/week

$560/week

Unit days on market average

Rental price average houses

Rental price average units

44.4%

19.8%

Capital growth - houses

Capital growth - units

Source: yourinvestmentpropertymag.com.au Monthly data update for June 2021 as supplied by CoreLogic. Data is reported to the period ending March 2021. Please note that property sales data is routinely updated, so may change retrospectively.

Market wrap The Sydney property market found new strength in the midst of the pandemic. Low interest rates and increasing household wealth, together with a short supply of properties on the market and high buyer demand have all come together to produce the phenomenal sales prices we’re seeing today in our region. Although Sydney’s housing values were on the lower side toward the end of 2020, we’re now at a record high, with housing value soaring to 5.7% higher when compared to over 6 months ago.

With our focus on Sydney’s Northern Beaches, we’ve witnessed these strong results first-hand over the last few weeks, and we’re seeing no signs of this slowing any time soon. March 2021 saw a new monthly record for us at Upstate. With over 15,000 email enquiries, we sold a record of 73 properties and leased 50 properties.

Upstate’s performance so far this year

415

458

$10,250,000

Residential sales

Residential leased

Highest sale price Northern Beaches

88

91

90,000+

Commercial sales

Commercial leased

Prospective buyers on our database

Auction clearance rates

90%

85%

91%

Auction clearance rate Upstate

Auction clearance rate Sydney

Auction clearance rate Northern Beaches

The latest at Upstate How we’re pioneering new real estate technology in 2021 to benefit everyone.

Digital Property Valuations

Chatbot – Live on our Home page

Never be left wondering again. Our

It’s not the future without robots – or at

Upstate digital property valuation tool

least a chat-bot that is available 24/7 to

is now live and ready to make you a

answer all of your questions and give you

property expert in seconds. From market

access to the information you need.

appraisals, suburb statistics, market trends,

You’ll find ‘Eora’ on our home page. Feel

peak selling periods, sales and growth

free to ask it anything you want. Now, you

charts to details of nearby properties –

can talk to us whenever you’re feeling up

you’ll have everything you need to make

for a chat! Keeping in mind, the bot has

informed decisions at your fingertips.

similar learning tendencies to us humans,

Real Estate moves fast. Our report makes

only much more efficient. At this stage it

you move faster. Go to upstate.com.au

is classified as a toddler, next month a

enter a property address and you’ll

teenager and the month after, a genius!

become a property expert in seconds.

SEE FOR YOURSELF HOW UPSTATE COMPARES

Number 1 Northern Beaches single office, with the biggest team and database.

NUMBER OF TRANSACTIONS 2020 500

400

300

200

100

NOVAK

BELLE DEE WHY

CLARKE AND HUMEL

CUNNINGHAMS BALGOWLAH

UPSTATE

The New Digital Seller Experience

agent directly while reviewing all of your

Discover a better way to sell, keep up to

property updates at a glance.

date and have complete peace of mind, anywhere, anytime with our innovative

Bitcoin accepted at Upstate

Upstate App. The selling process is right

We’re all about keeping up with

at your fingertips, with a live dashboard

technology, and that definitely includes

displaying current enquiries and buyer

cryptocurrency. So, as of this year, Upstate

interest stats, trends, campaigns, offers,

will be accepting Bitcoin as a payment

attendee numbers and more.

method for all of your property marketing

You can be sitting at a café or enjoying

and property fees. Just ask, and we’ll

the bustle of your day and message your

arrange it for you.

Phil Feseha

Peter Mosedale

0423 502 407

0408 177 207

phil.f@upstate.com.au

peter@upstate.com.au

Sales Consultant

Licensee/Director

OUTSTANDING SALE PRICE

ATTENTION TO DETAIL

An outstanding experience from Phil and his team. Highly professional and reliable, Phil worked every aspect to ensure a quality result and an outstanding price for the sale. Phil worked tirelessly on the sale, both meeting me and showing perspective buyers on days off to ensure an excellent outcome for all parties. Overall, an incredibly positive experience all round, I couldn’t recommend Phil any more highly.

We can not praise Phil and the team enough. They were always one step in front with their market knowledge and expertise. Their technology and attention to detail was exceptional, the app was mind blowing, their professionalism, their advice, even had a private viewing room on auction day. Their staff were friendly and approachable and made us feel welcome and relaxed. We could not fault anything. Our experience and results was 100% positive.

Vendor Review

Vendor Review

700+

$9 Billion

27 years

Total properties sold

Total sales value

Combined experience

Level 1, Suite 15, 888 Pittwater Road, Dee Why, NSW 2099