2/99 Colonial Dr, Bligh Park

PROPERTY SALES REPORT

Michael Cleary

2/99 Colonial Drive Bligh Park NSW 2756

13th December 2022

Dear Michael, Thank you for the opportunity to appraise your property at 2/99 COLONIAL DRIVE BLIGH PARK NSW 2756

Careful consideration has been taken to provide you with an appraisal for your property in today’s market conditions.

To establish a market value, I have carefully considered the premises, size, location, along with current market conditions and similar properties recently sold or currently on the market.

Please note that this is a desktop appraisal only and we have not physically inspected the property to assess its current condition.

Should you have any questions relating to the information contained within this appraisal, please do not hesitate to contact me on the details below. If I can be of any further assistance, please do not hesitate to contact me on the details below. I look forward to working with you to achieve your real estate goals.

Yours Sincerely, Trent Brewer

Urban Land & Housing

Bligh Park Shopping Centre Shop 8/6 Colonial Drive, Bligh Park NSW 2756 02 4572 6322

m: 0410665940

Your Property History

9 Mar, 2021 - Listed for rent at $395 / week

9 May, 2019 - Listed for rent at $380 / week

16 Feb, 2017 - Listed for rent at $375 / week

9 Oct, 2015 - Listed for rent at $365 / week

15 Oct, 2011 - Listed for rent at $330 / week

4 Nov, 2010 - Listed for rent at $330 / week

Comparables Map: Sales & Listings

Your Property For Sale Recently Sold © Copyright 2022 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Top Sales

*

This data point was edited by the author of this CMA and has not been verified by CoreLogic

© Copyright 2022 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Recent Sales

1 2/95

COLONIAL DRIVE BLIGH PARK NSW 2756

678m2 127m2 3 1 2

Year Built 1991 DOM 3

RS $640,000 Sold Price

Sold Date 16-Nov-22 Distance 0.04km

First Listing $595,000 - $645,000

Last Listing $595,000 - $645,000

2 2/119

PORPOISE CRESCENT BLIGH PARK NSW 2756

731m2 102m2 3 1 1

Year Built 1990 DOM 29

$690,000 Sold Price

Sold Date 15-Jul-22 Distance 1.27km

First Listing Just Listed

Last Listing $665,000 - $690,000

3 17 PERKINS STREET BLIGH PARK NSW 2756

381m2 127m2 3 1 2

RS $695,000 Sold Price

Year Built 1997 DOM 24 Sold Date 03-Dec-22 Distance 1.26km

First Listing $740,000 - $780,000

Last Listing $695,000 - $720,000

4 108 COLONIAL

BLIGH PARK NSW 2756

804m2 - 3 1 2

Year Built - DOM 28

RS $685,000 Sold Price

Sold Date 08-Nov-22 Distance 0.16km

First Listing Just Listed

Last Listing Just Listed

DRIVE

Comparables Map: Listings

* This data point was edited by the author of this CMA and has not been verified by CoreLogic © Copyright 2022 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Recent Listings

1 2/13 SUNDERLAND CRESCENT BLIGH PARK NSW 2756

- 210m2 3 1 1

Year Built 2001 DOM 27 days Listing Date 16-Nov-22 Distance 0.82km Listing Price $650,000 to $695,000

Bligh Park Demographic

The size of Bligh Park is approximately 2.1 square kilometres. It has 7 parks covering nearly 8.5% of total area. The population of Bligh Park in 2011 was 6,493 people. By 2016 the population was 6,374 showing a population decline of 1.8% in the area during that time. The predominant age group in Bligh Park is 20-29 years. Households in Bligh Park are primarily couples with children and are likely to be repaying $1800$2399 per month on mortgage repayments. In general, people in Bligh Park work in a trades occupation. In 2011, 62.4% of the homes in Bligh Park were owner-occupied compared with 62.2% in 2016. Currently the median sales price of houses in the area is $930,000.

Local Schools

SCHOOL ADDRESS DISTANCE SCHOOL TYPE GENDER SECTOR YEARS

Bligh Park Public School 64 Alexander Street Bligh Park NSW 2756

Chisholm Catholic Primary School 30 Collith Avenue South Windsor NSW 2756

Bede Polding College 22 Rifle Range Road South Windsor NSW 2756

Windsor Park Public School 156 Rifle Range Road South Windsor NSW 2756

Windsor South Public School 77A Church Street South Windsor NSW 2756

0.36km Primary Mixed Government 0-6

0.76km Primary Mixed Non-Government 0-6

0.79km Secondary Mixed Non-Government 7-12

1.44km Primary Mixed Government 0-6

2.26km Primary Mixed Government 0-6

Property is within school catchment area Property is outside school catchment area

Recent Market Trends

Aug 2022 9 $930,000 0.0% 21 32 $490

Jul 2022 10 $930,000 0.0% 17 34 $480

Jun 2022 6 $930,000 0.0% 14 30 $480 May 2022 4 $930,000 1.6% 12 26 $460 Apr 2022 6 $915,000 1.9% 11 19 $460 Mar 2022 7 $898,000 0.2% 11 16 $460 Feb 2022 12 $896,500 1.8% 11 17 $455

Jan 2022 5 $880,750 3.6% 11 18 $450 Dec 2021 6 $850,000 0.0% 10 21 $450 Nov 2021 15 $850,000 4.2% 10 25 $450 Oct 2021 9 $816,000 3.3% 11 25 $440 Sep 2021 9 $789,750 3.2% 12 11 $435

Long Term Market Trends

MEDIAN PRICE $930,000 $765,000 $660,000 $655,000 $680,000 $672,500 $608,000 $550,000 $472,500 $410,000 $390,000 $391,000 $369,250 $355,000 $335,750 $327,500 $327,500 $340,000 $358,975 $329,000

GROWTH 21.6% 15.9% 0.8% -3.7% 1.1% 10.6% 10.5% 16.4% 15.2% 5.1% -0.3% 5.9% 4.0% 5.7% 2.5% 0.0% -3.7% -5.3% 9.1% 25.1%

Dear Michael,

As noted above, this is a desktop appraisal at this stage to keep you up to date with activity in the market. When it comes time, and you have made the decision to sell, we will arrange an inspection to provide you a more accurate assessment.

I hope that this information is useful.

Kind regards

Trent Brewer

Disclaimer

Contains property sales information provided under licence from the Land and Property Information (“LPI”). RP Data Pty Ltd trading as CoreLogic is authorised as a Property Sales Information provider by the LPI.

The Appraisal Amount contained in the report may have been manually provided by the Agent; or may be based on an automated valuation model estimate provided by CoreLogic ('AVM Estimated Value'). AVM Estimated Values are current at the date of the publication only. It is computer generated and is not a professional appraisal of the subject property and should not be relied upon in lieu of appropriate professional advice. The accuracy of the methodology used to develop the AVM Estimated Value, the existence of the subject property, and the accuracy of the AVM Estimated Value and all rule sets provided are estimates based on available data and are not guaranteed or warranted. CoreLogic excludes all liability for any loss or damage arising in connection with the Appraisal Amount and/or AVM Estimated Value.

Product Data licensed by CoreLogic under a Creative Commons Attribution licence. For details regarding licence, data source, copyright and disclaimers, see www.corelogic.com.au/aboutus/thirdpartyrestrictions.html

All information relating to Schools provided by CoreLogic is as a courtesy only. CoreLogic does not make any representations regarding the accuracy or completeness of the data. You should contact the School directly to verify this information.

Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

© Copyright 2022 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.