quarterly marketplace report beacon hill 3rd quarter 2015
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Quarterly Marketplace Report
Beacon Hill
Properties Sold 1st July – 30th September 2015
How’s the market?
Spring has sprung however has some of the heat come out of our property market?
Open homes over the past 2 weeks has seen a drastic reduction in buyer inspections. Sydney's auction clearance rates have also been steadily decreasing over the past 4 weeks and dropped to below 70% last week for the first time in 3 years. We have been less affected on the Northern Beaches as our enviable lifestyle always finds a buyer moving into the area or a local wanting a new place to live. But have we reached our peak? The same scenario and questions were asked this time last year, when cracks were beginning to show in the housing market.
The RBA then dropped interest rates to record lows in February of this year which reignited the fire, giving our housing boom its second wind, further strengthening my assertion that our price growth has been predominantly due to interest rates at 60 year lows. If the economy as a whole does not improve some commentators are predicting that the RBA could very likely employ the same tactic, and drop the cash rate to a staggering 1.5%. Could this give our housing boom its third wind? Well only time will tell At the moment it is unlikely that we will experience a bust however Sydney's market simply cannot just keep going up as experienced over the past 2 ½ years, so a correction could well be around the corner. Now is a great time to get an update to see where you stand in the current market. Contact me today so I can give you a neutral opinion as to what I think you could sell for.
3rd Quarter 2015 Statistics: Beacon Hill
Residential properties sold Properties for sale today Highest Sale Price Median Sale Price
Number of properties sold in Beacon Hill so far in 2015
22
5
$1.75m
$1.3m
56
Number of properties sold compared to this time last year & last quarter
What’s the most common price bracket in Beacon Hill?
Jul-‐Sep 2014
Apr-‐Jun 2015
Jul-‐Sep 2015
17.5 18
18.5 19
19.5 20
20.5 21
21.5 22
22.5
Num
ber o
f pro
perti
es
sold
$750,000-‐$1mil
$1mil-‐$1.5mil
$1.5mil-‐$2mil
Properties Sold 3rd Quarter 2015
3A Paling Place
3 bed 1 bath 2 car 197m2
$891,000
44B Oxford Falls Road
2 bed 2 bath 1 car 298m2
$1,015,000
235 Warringah Road
3 bed 2 bath 2 car 367m2
$1,137,000
16 Elliot Street
3 bed 1 bath 1 car 556m2
$1,057,000 176 Parr Parade
3 bed 1 bath 1 car 563m2
$1,155,000
20A Careden Avenue
3 bed 1 bath 2 car 287m2
$1,145,000
187 Warringah Road
3 bed 1 bath 1 car 1,037m2
$1,220,000
195 Warringah Road
4 bed 1 bath 2 car 769m2
$1,242,000 15A Endeavour Drive
4 bed 2 bath 2 car 463m2
$1,280,000
45 Lady Penrhyn Drive
4 bed 2 bath 2 car 451m2
$1,280,000 17 Courtley Road
3 bed 2 bath 2 car 658m2
$1,312,500
5 Gertrude Street
3 bed 1 bath 3 car 465m2
$1,330,000 13 Brooker Avenue
4 bed 2 bath 2 car 556m2
$1,335,000
2 Aperta Place
4 bed 2 bath 2 car 740m2
$1,380,000 1 Biralee Cresent
3 bed 2 bath 3 car 556m2
$1,385,000
54 Tristram Road
3 bed 2 bath 2 car 563m2
$1,450,000 90 Beacon Hill Road
4 bed 2 bath 2 car 685m2
$1,450,000
3 Samarai Place
3 bed 1 bath 1 car 556m2
$1,491,000 39 Princess Mary Street
2 bed 2 bath 1 car 556m2
$- Not Disclosed
19 Cooper Close
5 bed 3 bath 3 car 645m2
$- Not Disclosed
Properties Sold 3rd Quarter 2015
12 Dresden Avenue
5 bed 3 bath 2 car 651m2
$1,615,000
10 Cooper Close
3 bed 1 bath 1 car 626m2
$1,750,000
Information about this report: This report only shows 3 months of sold properties and data. This report is based on third party data, which is provided by RP Data. Whilst care has been taken in the preparation of this report, neither the author nor the real estate agent takes any responsibility for any incorrect, misleading or inaccurate data. Please disregard this publication if your property is exclusively listed with another agent. Houses displayed are only houses which have sold in the quarter and were publicly listed.
The Key: 21 Steps to Selling your Property for More!
With over 30 years of real estate expertise, I am humbled to have been chosen to endorse this book - “THE KEY – 21 Secrets To Selling Your Home For More”. I believe in empowering property sellers and that’s exactly what this little book does. Unlike many eBooks out there which are just copied and pasted material, “THE KEY – 21 Secrets To Selling Your Home For More” is an authentic and easy to read book, written by Peter Hutton who is a highly acclaimed author on property marketing. This little book is intended for the ‘residential-owner-occupier-property-owner’, whose most pressing need is choosing the right agent/agency to list their property to sell with; who wish to sell for market value, plus, plus, plus; and for those who would value a REAL expert's viewpoint of the ‘real-estate-industry-property-selling-traps’ to avoid.
Whether you’ve sold countless properties or you’re selling for the first time, I believe this book has something new for you. I’m expecting that the reader will take the statements Peter Hutton makes as an opportunity for further investigation. Test what he says. I encourage you to ask me or any agent for that matter before deciding who to sell with the questions Peter suggests throughout this book. It’s my expectation that every property owner who reads this will certainly be in a better position to make an informed decision before they place their property on the market. In it, Peter makes no apologies for the criticism leveled at various ‘old school’ real estate agents’ practices, which, surprisingly I see some agents still persist in doing (maybe out of habit). The property-selling-success-strategies Peter Hutton recommends have been refined over the years and thoroughly tested (by many agents including myself). Fact is, they work. It is my hope that this little book will save the reader, you, thousands of dollars (and even make you money) wherever and whoever you are selling with provided Peter’s advice is followed. Enquire with me today to get your free copy, no strings attached. To your property selling success. Tony Quattroville
Why Tony Quattroville?
Tony Quattroville is an accomplished businessman and real estate agent who offers clients a unique understanding and passion for the Northern Beaches real estate market.
A first-rate negotiator with a reputation for achieving results above expectation, Tony Quattroville has more than 30 years of local real estate experience and intimate market knowledge to his name. After successfully completing his studies at St Pauls College, Manly he commenced his career in real estate in 1985, selling his first listing when he was just 18 years young. Since that time he has sold more than 1000 properties on the Northern Beaches, some up to 4 times round. Tony is highly respected for his exceptional results, honesty and professional service. Tony is now ranked in the top 3% of best performing agents in the country.
A consummate professional known for his up-front and direct approach, Tony has a natural way of making people feel comfortable and educated in their decisions. He prides himself on his commitment to customising and assertively executing the best possible transaction on his clients’ behalf. Tony’s deep-seated sense of reliability has resulted in an extensive client base. His inbuilt understanding of differing needs and ability to match people with property has resulted in ongoing repeat & referral business. He uses his creative talents to find solutions that make sure his deals succeed. TESTIMONIALS: Please feel free to call Patrick and Susan (recent vendors) who’ll be happy to have a chat with you about the brilliant result Tony was able to achieve for the sale of their homes. Call Patrick Feltham on 0459 516 735 and Suzie Patterson on 0450165 775.
About us
ONEAGENCY is a network of the industry's top real estate professionals- individuals who have excelled in their field & have earned the respected reputation required to successfully operate their very own real estate practice. The ONEAGENCY ethos is all about ONE on ONE personal service. After 30 years of successfully selling real estate on the Northern Beaches & with over 1000 sales personally to his name, highly regarded real estate identity Tony Quattroville, has proven over the years that when it comes to selling or leasing a property most owners will choose an experienced individual over a large organisation, and personal service counts for way more than the size of your shopfront.
Meet my team
Simon Smith Head of Marketing
Finn Simpson Business Development Manager
