2452 Market Place Report Spring 2014

real estate

Spring Edition 2014

YOUR MARKET PLACE REPORTSAWTELL - TOORMINA - BOAMBEE EAST - BONVILLE NORTH

DESIGNhow to decorate your

home on a budget

BUYINGhow to break

into the market

SELLINGget ready for spring!

KNOW YOUR MARKETall the latest

data for our area

2452

I hate to end on a bad note, but I did say that there was good and bad news to report: With properties moving so quickly we continue to have a shortage of properties to sell, and the buyers are stacking up. I suppose this ‘bad’ news is really ‘great’ news for sellers, so give us a bell if you’re thinking of making a move so we can match these buyers with your property! We invite you to browse through the following pages to see how properties are selling around your place. Please feel free to contact me for a more detailed report. All the best,

Tom SullivanLicenseeContact 0400 446 332

hello & welcome to the

SPRING EDITION OF OUR 2452 MARKET REPORT

In this edition we have both good and bad news to report. To start on a positive note our local real estate market continues to show significant strength with another $1M+ sale in Sawtell as well as substantial increases in median sale prices across the postcode. The past 12 months has seen remarkable capital growth across the 2452 area with an increase of 6% in median sale prices. This is a marked improvement over 2013 figures which only reflected a 1.9% increase in the same area. Even better news is that these exceptional prices are being achieved in a shorter timeframe. In the past month alone we have had 3 properties going under offer within the first 2 weeks of marketing, meaning our sellers are only having to endure a couple of open homes before their property is sold.

Look at the cheaper suburbs:Many first home buyers want to buy in neighbourhoods that are close to their favourite café hub, but unfortunately these areas are usually the most expensive. Consider looking at suburbs a little further afield and maybe down the track you will have enough equity to be able to afford to buy in your “dream” suburb.

Find a Fixer-upper:If you absolutely don’t want to compromise on your favourite suburb, then another affordable option is to find a property that is ripe for renovation. Be mindful if you go down the renovation road as you don’t want to overcapitalise. Add up how much renovations will cost you and add this to the sale price to figure out if you aregetting a bargain or not.

don’t go it aLone:If you want to get into the property market right away but don’t have the funds yet then you could invest in a property with your partner or friends to help reduce your outlay. Just make sure that you seek legal advice before buying with another party, and ensure that they are financially stable.

There are always plenty of great property bargains out there, but you need to start looking for them or you won’t be there at the right time to snatch them up.

P R O T I P Sbuying:

HOW TO BREAK INTO

THE REAL ESTATE MARKET FOR LESS

Saving up for a home loan can be challenging, especially when you consider the rising cost of real estate. But if you look a little harder, there are still plenty of affordable properties available and many first time buyers may be able to enter the property

market sooner than they think if they look outside the box a little.

The sun will likely be shining bright on your home during the spring and summer months, so make sure everything outside is in good condition. Fix the loose paling on the fence, make sure the house number that is falling off has been secured and broken roof tiles are replaced.

It’s that time of year where the days start getting longer and flowers are starting to bloom. Spring is often seen as one of the better times of year to sell, as this is when properties look their best and buyers come out of winter hibernation. However, there can be more selling competition in the spring and summer months so this means that you really should make an effort to style a home that is clean and inviting.

“Don’t forget that it’s spring so it’s always niceto see a splash of colour”

If you would like any help selling your home this season,

get in touch with us on 02 6658 8991

selling:

ARE YOU READY

FOR THE SPRING SELLING SEASON?

Inside you should be starting on your spring clean. Roll up your sleeves and start decluttering, scrubbing, dusting and polishing. There’s no need to throw everything away, but try to make sure things are put away and you have adequate storage so that everything has a place. You’ll find that a spring clean will maximise your space and lift the whole mood of your home.

Don’t forget that it’s spring so its always nice to see a splash of colour. Neutral tones are generally recommended when selling properties, but some fresh flowers or bright coloured cushions will make your home a little more inviting.

real estate

Home decorating trends are constantly changing and as much as we all want to keep our homes looking fresh and modern, trying to keep up with the latest trends can be an expensive endeavour.

add cushions and textiLesCushions, rugs, and curtains all provide an easy way to add more colour and life into a home. Best of all they come in all sorts of styles and budgets so it’s easy to find textiles for all tastes. You can also buy accessories such as table ornaments or kitchenware to help add a new theme to your home. For cheap options look online or try homewares stores like Ikea or Spotlight.

switch door hardwareOld door and cupboard hardware can make a home seem dated, but luckily door hardware is cheap and easy to replace. You can choose door knobs with sleek metal

designs for a more modern look or you can find old fashioned styles depending on the look you want to create.

get artyArt has a reputation for being expensive, but if you look around you’ll find there are plenty of art pieces available that won’t break the bank. A great place to look for original yet inexpensive art is at markets, or online where you can get any print you want transferred onto canvas.

start paintingIf you have a bit more time and money to spend, then painting is a great way to update a room or an entire house. Painting is also a great investment as it can help add property value. If you find that you like to redecorate often, neutral colours will always serve as a classic backdrop to match with whatever other styling elements you choose to bring into a room.

P R O T I P Sdesign:

HOW TO DECORATE YOUR HOME ON THE CHEAP

Highest sale priceAverage sale priceMedian sale priceLowest sale price

20residentialpropertiessold

36propertiesfor saletoday

$750,000$406,916$395,500$149,000

1 july - 30 september 2014

MARKET STATISTICS

S A W T E L L

22 Boronia St$750,000

4 2 2

Sold 17th July

land 405m2

6 Cunningham Cres$665,000

4 3 2

Sold 5th Sept

land ???m2

56 Royal Palm Dr$610,000

5 2 2

Sold 25th August

land 831m2

6 Eleventh Ave$595,000

3 2 1

Sold 15th August

land 516m2

4 Bridge St$480,000

3 1 1

Sold 8th August

land 613m2

39 Thirteenth Ave$470,000

5 3 2

Sold 1st July

land ???m2

real estate

real estate


2 4 5 2

3/27 Fourth Ave$387,000

2 1 1

Sold 9th September

land -

3 Tindara Dr$380,000

3 1 2

Sold 31st July

land 721m2

5 Howea Ct$350,000

2 1 1

Sold 25th September

land 405m2

2/61 Boronia St$227,000

2 1 1

Sold 23rd July

land -

11/93 First Ave$222,000

1 1 1

Sold 17th July

land -

15 Dirrigeree Cres$427,500

2 2 2

Sold 23rd July

land 809m2

6 Royal Palm Dr$420,000

3 2 2

Sold 4th August

land 739m2

146 Lyons Rd$404,000

4 1 0

Sold 6th August

land 778m2

real estate

SOLDProfessionally

87 Bayldon Rd$359,000

2 1 1

Sold 15th July

land 632m2

real estate

SOLDProfessionally

S A W T E L L

18/21-23 Twenty Second Ave Price unknown

3 2 1

Sold 29th July

land -

11/21-23 Twenty Second Ave$149,000

1 1 2

Sold 29th July

land -

2/10 David Watt Cl$359,000

2 1 1

Sold 30th sept

land -

9 Eighteenth AvePrice unknown

4 3 2

Sold 30th Sept

land 400m2

3/21-23 Twenty Second Ave$159,000

1 1 1

Sold 24th Sept

land -

Discover

HOW TO

SELL YOUR HOME FOR

MORE

THIS GUIDE SHOWS

YOU HOW

Discover HOW TO

SELL YOUR HOME FOR

MORE

THIS GUIDE SHOWS

YOU HOW Discover HOW TO SELL YOUR HOME FOR

MORE

THIS GUIDE SHOWS

YOU HOW

Contact us today for a FREE copy of our

guide to achieving a premium price!

Discover How ToSELLMOREYOUR HOME FOR

treeo

all day breakfast - lunch - homemade sweets - superb coffee

ph 6653 1099cafetreeo.com18 first ave, sawtell

S U P P O R T I N G L O C A L B U S I N E S S

Jay Webber0413 035 844

[email protected]

Architectural Homes,Commercial & Industrial Buildings

Lic No 222735CAbn 89 024 824 127

Jay Webber0413 035 844

[email protected]

Architectural Homes,Commercial & Industrial Buildings

Lic No 222735CAbn 89 024 824 127

Specialising inArchitectural Homes,

Commercial& Industrial Buildings




$425,000$311,823$335,000$150,000


MARKET STATISTICS

T O O R M I N A

7 Archibald Pl$425,000

4 2 2

Sold 21st August

land 741m2

15 Greaves Cl$400,000

4 2 2

Sold 17th September

land 743m2

3 Bryant Cl$380,000

3 2 1

Sold 18th July

land 785m2

37 Jane Cct$395,000

4 2 2

Sold 18th July

land 841m2

16 Mirroola Cres$382,000

3 1 2

Sold 17th July

land 836m2

real estate

SOLDProfessionally

real estate

SOLDProfessionally

19 Eungella St$415,000

3 2 5

Sold 12th September

land 836

real estate

SOLDProfessionally

real estate

2 4 5 2

11 Nariah Cres$354,000

4 1 2

Sold 23rd July

land 1405m2

15 Misty Cl$280,000

3 1 1

Sold 9th July

land 486m2

4 Misty Cl$265,000

3 1 1

Sold 13th August

land 737m2

2/3-5 Eungella St$258,000

2 1 1

Sold 1st July

land -

7 Scott Cl$240,000

3 1 0

Sold 11th August

land 607m2

3/83 Sawtell Rd$198,000

2 1 1

Sold 26th August

land -

26 Bower Cres$339,000

3 2 1

Sold 22nd August

land 518m2

3 Jemalong Cres$335,000

2 2 2

Sold 29th August

land 864

14 McFadyn St$290,000

3 1 1

Sold 17th September

land 333m2

SOLDProfessionally

SOLDProfessionally

real estate

SOLDProfessionally

T O O R M I N A

3/6 Corambara Cres$150,000

2 1 1

Sold 4th July

land -

land -

1/48 Cavanba Rd$195,000

2 1 1

Sold 14th August

Discover

HOW TO

SELL YOUR HOME FOR

MORE

THIS GUIDE SHOWS

YOU HOW

Discover HOW TO

SELL YOUR HOME FOR

MORE

THIS GUIDE SHOWS

YOU HOW Discover HOW TO SELL YOUR HOME FOR

MORE

THIS GUIDE SHOWS

YOU HOW

Contact us today

for a FREE

copy of our

guide to achieving

a premium price!

Discover How ToSELLMOREYOUR HOME FOR

real estate

real estate




$652,000$376,972$365,000$271,000


MARKET STATISTICS

B O A M B E E E A S T / N O R T H B O N V I L L E

234 Sawtell Rd$652,000

7 3 2

Sold 31st July

land 6797m2

6 Payne Cl$555,000

4 2 2

Sold 1st July

land 1345m2

55 Worland Dr$542,000

4 3 2

Sold 3rd September

land 723m2

8 Baldwin Cl$520,000

4 2 2

Sold 30th July

land 745m2

6 Barn owl Ct$470,000

3 2 2

Sold 21st August

land 798m2

20 Wedgetail Cres$462,000

4 3 2

Sold 18th September

land 722m2

2 4 5 2

18 Ringtail Cl$425,000

4 2 4

Sold 8th August

land 855m2

17 Berkeley Drive$420,000

4 2 2

Sold 1st July

land -


4 2 6

Sold 1st September

land 828m2

15 Lukin Cl$405,000

4 2 2

Sold 4th July

land 876m2

17 Pepperman Rd$399,000

4 2 2

Sold 30th July

land 738m2

42 Soren Larsen Cres$385,500

4 2 2

Sold 9th July

land 793m2

22 Mimiwali Dr$462,000

4 2 2

Sold 19th September

land 601m2

37 Oscar Ramsay Dr$449,000

4 3 2

Sold 31st July

land 703m2

2 Banyo Cl$430,000

4 2 2

Sold 8th September

land 618m2

real estate

SOLDProfessionally


SOLDProfessionally

50 Oscar Ramsay Dr$351,000

3 1 1

Sold 3rd September

land 810m2

33 Ibis Dr$340,000

3 1 2

Sold 22nd September

land 709m2

5 Lorikeet Ave$333,000

3 1 2

Sold 23rd July

land 1005m2

12 Sorrento Ave$332,500

3 1 1

Sold 24th September

land 469m2

1 Whipbird Pl$325,000

3 1 1

Sold 3rd July

land 360m2

24a Lady belmore Dr$322,500

3 1 1

Sold 4th August

land 260m2

3 De Castella Dr$365,000

3 2 2

Sold 2nd September

land 781m2

35 De Castella Dr$365,000

3 2 1

Sold 7th August

land 639m2

2/8 Bradbury Cl$365,000

3 1 1

Sold 26th September

land -

2 4 5 2

real estate

SOLDProfessionally

2 4 5 2

49 Linden Ave$315,000

3 1 1

Sold 16th September

land 729m2


3 2 2

Sold 23rd July

land 1557m2

2/43 pepperman Rd$300,000

3 1 1

Sold 25th July

land -

6 Kestrel Pl$285,000

3 1 1

Sold 23rd July

land 359m2

33 Soren Larsen Cres$285,000

3 1 2

Sold 13th August

land 533m2

1/145 Linden Ave$284,000

3 1 1

Sold 18th July

land -

22 Lukin Cl$320,000

3 1 2

Sold 19th September

land 662m2

10a Silvereye Cl$319,500

3 1 1

Sold 4th September

land 361m2

2 Kingfisher Cl$319,000

3 1 1

Sold 15th July

land 821m2


9 Betel Palm Cl$425,000

3 1 2

Sold 26th August

land 700m2

8a Kingfisher ClPrice not available

3 1 1

Sold 22nd August

land 404m2

20 Lukin ClPrice not available

3 1 2

Sold 29th April

land 588m2

1/8 Sunbird CresPrice not available

3 1 2

Sold 9th September

land -

13 Ashmore Cl$275,000

3 1 1

Sold 23rd July

land 584m2

1/19 Ibis Dr$271,000

2 1 1

Sold 12th August

land-

13 Banyo Cl$190,000

- - -

Sold 21st August

land 676m2

2 4 5 2

DID YOU KNOW?For every home we sell, we make a donation to

Breast Cancer Research... So far Professionals

have raised over $2.4 million dollars!

The risks of pesTsIt is many of the smaller, problematic pests that become even more active during summer. Flies, cockroaches, ants, spiders, and so on. Depending on what breed they are, even some of these smaller pests can be fairly large and unpleasant to deal with. Cockroaches and rodents carry bacteria and can increase the severity of asthma symptoms or irritate allergies. Unfortunately, as their activity increases, so does their tendency to be more tenacious about heading indoors to scavenge for food and, in the middle of a storm, seek shelter.

don’t risk it,

PROTECT YOUR INVESTMENT FROM PESTS

Clearing ouT pesTsWhether you’re a homeowner or a business owner, it’s in your best interest and the interest of others that you take care of pest problems ASAP. Ways of doing this can range from keeping your residence free of rubbish and food scraps to sealing off possible entry points that pests may use to get in.

However, it’s important to remember that no matter what steps you take, pests are very clever and can typically find ways inside. You can certainly make it a difficult task for them, but they’ll eventually find the means. What this means is that pests need to be stopped, not just deterred. In the end, your best approach is to have a professional pest management service provider treat your home or business for pests on an ongoing basis.

The weather is beginning to warm up and for many pests this means it is an ideal time to breed more and increase activity. As summer is a popular time for pests, it means that your home or

business is even more vulnerable to potential infestations or, at the very least, the occasional unwelcome visitors.

DID YOU KNOW?The venomous and sometimes deadly Red Back Spider is prevalent in our area! Keep an eye out for their untidy webs in sheltered positions, close to the ground near sheds, garages and outdoor furniture. If spotted call an expert for extermination!

E S S E N T I A L T I P S

mention this advert for

proTeCTing properTyAs frustrating as cockroaches and spiders can be, there are greater potential risks that need to be considered. Termite activity can decrease the value of your property and even go so far as to cause structural damage to the building. Recent data indicates that it could now be as high as 1 in every 3 homes is attacked by termites at some stage in its life. The damage caused by termites is often not covered under insurance which means that ongoing monitoring and prevention is essential.

Beyond regular inspections, there are also barrier systems available which, when properly maintained, can guarantee against termite activity. When it comes to maintaining the value and integrity of your property, it is always best to have a professional pest management service inspect and treat your home.

Take advanTage of our exClusive offer below, jusTby menTioning This arTiCle!

shop 1 / 4 First Avenue, Sawtell

ph 02 6658 8991

[email protected]

www.professionalssawtell.com.au

Our focus is you.We hope you have found this market report useful in helping you make an informed decision on your real estate investment.

If you require any details which are not presented in this report our friendly team will be more than happy to ascertain the information on your behalf.

I wish to continue providing the residents of Sawtell, Toormina & Boambee East with up to date & relevant information regarding your real estate market, so keep an eye out for further reports over the coming seasons.

Kind regards,Tom Sullivan - Licensee

Copyright 2014, Bruce Thomas Photographywww.idealimaging.biz

Documents

2452 Market Place Report Spring 2014