Hurstville Preliminary Market Analysis Report€¦ · The total number of valuation entries (as at 05/11/2015) within Canada Bay LGA – 18,224. The sum of land values in dollars

Canada Bay Final Report 2015

FINAL REPORT

LAND TAX VALUATION PROGRAM

DISTRICT 139 – CANADA BAY

BASE DATE - 1 JULY 2015

Prepared by

SOUTHERN ALLIANCE VALUATION SERVICES PTY LTD For

VALUER GENERAL & DEPARTMENT OF LANDS

Southern Alliance Valuation Services Pty Ltd – Canada Bay Final Report – BD 1 July 2015 Page 1 of 65

Canada Bay Final Report 2015 __________________________________________________________________________________________________________________

TABLE OF CONTENTS

EXECUTIVE SUMMARY P.03-05

1.0 GENERAL DESCRIPTION OF LOCAL GOVERNMENT AREA P. 06-08 2.0 NUMBER OF VALUATIONS IN THE ZONE CATEGORIES P. 09-12 3.0 TOWN PLANNING & ZONING INSTRUMENTS P. 13-14 4.0 IDENTIFIED SIGNIFICANT CHANGES IN USE OR

DEVELOPMENTS OF PROPERTY AND OTHER FACTORS WHICH MAY AFFECT VALUATIONS P. 15

5.0 ADDED VALUE OF IMPROVEMENTS P. 16-20 6.0 CHANGES TO COMPONENTS ILLUSTRATED BY CHANGES

TO THE EXISTING VALUE RELATIONSHIPS P. 21-27

7.0 MARKET COMMENTARY P. 27-29 8.0 MANAGEMENT OF COMPONENTS & HANDCRAFTING P. 30 9.0 QUALITY ASSURANCE P. 31-37 INCLUSION: Annexure ‘A’ - Canada Bay DA Register Annexure ‘B’ - Canada Bay Analysed Sales List Annexure ‘C’ - News Articles Burwood



EXECUTIVE SUMMARY

All properties in NSW are valued each year for rating and taxing purposes. All valuations are issued to the Office of State Venue for land tax purposes. Valuations are also issued to councils either each year or every 2nd, 3rd or 4th year. This report details the land valuation programme for the Canada Bay Local Government Area (LGA). The majority of values are determined using mass valuation techniques. The Valuer-General’s mass valuation system is applied as follows:

1) Properties that react to market forces in a similar way are grouped together in a component, AND

2) The existing values of those properties in a component are updated by a market-based factor that is then used as a multiplier of the prior Land Value. The result is then checked by the Contract Valuer and individually verified values applied as appropriate. The use of mass valuation techniques does have limitations, particularly over a period of time. The continued application of factors may lead to a distortion in the relativity of values within a geographical area. Some types of properties are so few in number or likely to be so sensitive to localised changes that individually verified values is the only appropriate method. Although a mass valuation system is used to determine the majority of land values, the Valuation of Land Act requires that each land value be a market value. Each land value must be capable of being tested and supported on its own against all available market evidence. The total number of valuation entries (as at 05/11/2015) within Canada Bay LGA – 18,224. The sum of land values in dollars (as at 05/11/2015) within Canada Bay LGA - $24,315,089,831. The last local government base date or year when the valuation notice was issued was for Base Date 1st July 2012. The total land value for Local Government Base Date 1st July 2012 was $16,546,474,240 which represents a percentage change of 46.95%. The total land value for Base Date 1st July 2014 was $19,554,825,501 which represents a percentage change of 24.3%. The change in values reflects a substantial increase in the movement of land values within the Canada Bay LGA particularly for residential property based on market sales evidence. Certain areas within Sydney’s metropolitan area have reported high increases in value in particular the Inner-west, Eastern Suburbs and the Lower North Shore, whilst others areas have reported more modest increases or only marginal increases in value such as Western, North-western and South-western suburbs. The number of desirable properties including: water/city skyline view properties; the amount of underdeveloped sites; the increasing rental returns on residential investment property based on their accessibility to the city, transport options and other facilities and amenities; the demographics of the area in general, demand out stripping supply and low interest rates are all underlying reasons that have assisted the increase in land values over the past year.


Canada Bay Final Report 2015 __________________________________________________________________________________________________________________ EXECUTIVE SUMMARY (Continued) Residential – The residential market within the Canada Bay LGA, as at 1st July 2015, increased substantially and overall in line with some other inner-city and inner-west suburbs of Sydney within a range of 5 - 15 kilometres of the CBD. On average, residential lands depending on locality, moved within a band of 17% to 48% between Base Date 1 July 2014 and 1 July 2015 with the majority averaging increases of around 25%. Waterfront property and property with water views generally experienced a steady increases from the previous reporting year, with increases of between 17 - 23%. Single residential sites at Breakfast Point and in parts of Drummoyne (Prime Suburbs) – in particular Abbotsford, generally experienced increases of between 19-23%; in particular Rhodes and Breakfast Point showed a steady increase. Property East and West of Victoria Road Drummoyne showed steady increase from the previous reporting year, with increases of around 30%. From analysis, the localities which showed the greatest increases were those in the western part of the municipality, in particular Concord West and Concord North, where prices still represent better value, and the larger, underdeveloped sites and areas where the underlying zoning allows for density development. Overall a limited supply of property for sale and the low interest rates, helped to maintain the strong growth in the residential sector across the Canada Bay LGA. Commercial / Retail – The retail/commercial property market within the Canada Bay LGA over the prior general valuation program remained buoyant which has been underpinned by low vacancy rates, steady rental growth and increased demand for mixed use development sites, particularly those with residential potential. Limited supply of quality sites available for sale, helped maintain the strong growth in this sector. Several sales of retail and mixed use sites were recorded during the 12 month period ending 1st July 2015, reflecting a strong market in some centres. Retail sales in Five Dock and along Majors Bay Road in Concord performed well and as well as several sales along Lyons Road Drummoyne, helped support strong increases for commercial sites across the Canada Bay LGA. Industrial – The industrial property market within the Canada Bay LGA during the reporting year to 01/07/2015 has remained relatively flat in line with other inner city/inner west industrial properties despite good access to the airport and Port Botany and connection to the main road network. The trend can be explained by the significant ongoing improvements that have been made to Sydney’s metropolitan transport infrastructure. Sydney is linked by the Sydney Orbital Network, which connects the M1, M2, M4 M5 and the M7. This has allowed direct access form Sydney’s port and airport to all major warehousing and industrial hubs in the South West, Western and North West precincts. The industrial property market is gradually moving away from the inner city/inner west industrial areas to the outer suburbs of Sydney and as a result the overall volume of industrial property in the Canada Bay LGA is reducing. The strongest performing industrial area in the Canada Bay LGA was Business Parks around Rhodes, whilst Average Industrial sites (1,000 to 4,000m) in Rhodes showed no change in value over the last reporting year and a drop in value between Base Date 1st July 2012 and 1st July 2015. Overall industrial sales remained generally flat, possibly indicating that vendor expectations are currently not meeting those of the purchasers. Southern Alliance Valuation Services Pty Ltd – Canada Bay Final Report – BD 1 July 2015 Page 4 of 65

Canada Bay Final Report 2015 __________________________________________________________________________________________________________________ EXECUTIVE SUMMARY (Continued) Housing affordability has had less impact generally on residential values within the Canada Bay LGA than has affected other more outlying areas of Sydney. Suburbs with lower median values registered more substantial increases in comparison to the higher valued areas which may be partly explained by the demographics of purchasers in these locations, the catch up presented and value viewed in these properties and their sensitivity to interest rate changes. Unlike the stock-market, any impact upon the real estate market is dependent on consumer confidence, employment security and any regulatory/monetary policy changes. Evidence investigated suggests that rental markets during the year remain extremely tight with undersupply leading to unprecedented vacancy factors for residential property. Similarly, though the overall quantum of sales transactions increased marginally, due to increased first home buyer activity and increased activity by developers and investors alike, the demand for housing in the Canada Bay LGA remained high. Hence in the short to medium term value levels are expected to hold.



TABLE OF TYPICAL VALUES

RE

SID

EN

TIA

L

Location Component Code Size (sqm) 2014 LV 2015 LV & % change from

2014 Rhodes EAA 689 $646,000 $797,000

+23.4% Concord (north) ECC 602 $754,000 $1,050,000

+39.2% Concord (east) EKK 560 $876,000 $1,090,000

+24.4% Concord (central) ESS 449 $802,000 $988,000

+23.2% Cabarita

(waterfront) EWW 670 $2,090,000 $2,570,000

+23.0% Drummoyne RFD 708 $1,570,000 $2,040,000

+29.9% Abbotsford RPD 696 $1,230,000 $1,540,000

+25.2% Five Dock RSS 518 $752,000 $977,000

+29.9% Drummoyne (water

view) RVV 797 $2,980,000 $3,570,000

+19.8% Five Dock

(water view) RVV 676 $1,860,000 $2,230,000

+19.9% Drummoyne (waterfront)

RWW 878 $3,690,000 $4,330,000 +17.3%

BU

SIN

ESS

Victoria Rd (commercial)

CVM 1,500 $5,750,000 $7,210,000 +25.4%

Great North Rd (retail)

SFF 207 $728,000 $928,000 +27.5%

Majors Bay Rd (retail)

CAA 183 $1,100,000 $1,360,000 +23.6%

Parramatta Rd SBB 2,375 $2,520,000 $3,570,000 41.7%

IND

UST

RIA

L Five Dock DSS 481 $588,000 $625,000

+6.30% Five Dock DAA 1,618 $1,820,000 $1,820,000

0% Parramatta Rd DPP 2,573 $2,500,000 $2,800,000

+12%

George Veris Burwood Area Manager Southern Alliance Valuation Services Pty ltd


Canada Bay Final Report 2015 __________________________________________________________________________________________________________________ FINAL REPORT

DISTRICT (139) – CANADA BAY

1.0 GENERAL DESCRIPTION OF LOCAL GOVERNMENT AREA

The City of Canada Bay Council (LGA) was proclaimed on 1 December 2000 and was formed through an amalgamation of the former Concord & Drummoyne Councils. Canada Bay Local Government Area (LGA) is situated in the inner west of Sydney approximately six (6) kilometres from the Sydney CBD. Canada Bay LGA otherwise known as Canada Bay City Council stretches approximately eight (8) kilometres from Concord West at its most western extremity to Drummoyne at its most eastern point. The municipality of Canada Bay covers an area of 19.9 square kilometres and is bounded by the LGA’s of Auburn & Strathfield to its West, Strathfield, Burwood & Ashfield to its south, the confluence of Iron Cove and Parramatta Rivers along with its many bays to its east and Parramatta River and its many bays to its north. The municipality is linked to the LGA’s of Hunters Hill and Ryde to its north by Gladesville/Tarban Creek and Ryde Bridges respectively. The municipality of Canada Bay incorporates the all or parts of the suburbs of Abbotsford, Breakfast Point, Cabarita, Canada Bay, Chiswick, Concord, Concord West, Five Dock, Drummoyne, Liberty Grove, Mortlake, North Strathfield, Rhodes, Rodd Point, Russell Lea, Strathfield and Wareemba. The municipality of Canada Bay has over 130 parks and reserves, which total 232.1 hectares or 15.3% of the area, and many kilometres of accessible public foreshore.


Canada Bay Final Report 2015 __________________________________________________________________________________________________________________ 1.0 GENERAL DESCRIPTION OF LOCAL GOVERNMENT AREA (continued)

Canada Bay has a population of approximately 65,700 occupants (Census 2006) and comprises predominately residential development which has been steadily increasing over the past ten years. This increase can be attributed to redundant industrial sites around Abbotsford, Breakfast Point, Cabarita, Liberty Grove and Rhodes which have been redeveloped to residential use. The City of Canada Bay has a vast number of waterfront properties, most notably in the areas of Rhodes, Concord, Mortlake, Breakfast Point, Cabarita, Canada Bay, Abbotsford, Chiswick and Drummoyne.

Getting to and around the Canada Bay municipality area is generally through a large network of roads. Major routes in the municipality of Canada Bay include:

• Lyons Road/Lyons Road West/Crane Street which runs through the centre of the municipality in a generally east/west direction and offers access to most suburbs within the district.

• Queens Road/Gipps St/Patterson Road which runs parallel to Lyons Road West/Crane Street in an east/west direction offers an alternative route through the centre of some of the southern part of the municipality.

• Linking onto Crane St and running in a north/south direction is Majors Bay Road which offers access to areas west of Hen & Chicken Bay.

• Concord Road which runs through the western side of the municipality in a north/south direction and provides access through to Rhodes and further north;

• Great North Road running in a north/south direction and offering access through suburbs east of Hen & Chicken Bay from Five Dock to Abbotsford and Chiswick.

Some of the significant local, Sydney and State features of the municipality include:

• Dame Eadith Walker & Concord General Hospital; • Concord Golf Course; • Iron Cove Bay Run; • Kokoda Track Memorial Walkway • Drummoyne Olympic Pool; • Yaralla Estate; • Majors Bay Reserve; • Majors Bay Rd Shopping; • Birkenhead & Rhodes Shopping Centres.

A summary of the major land uses follows:

RESIDENTIAL: The municipality of Canada Bay has a variety of housing types covering different eras from c.1880 through to the present. However, large scale habitation of the area occurred much later and coincided generally with the introduction of the railways in the late 1800’s through adjoining areas to the south and resulted in nodes of development around the numerous main roads leading from these railway stations. Development comprising initially of Federation development and then followed consecutively in time by Californian Bungalows, post war fibro and austere brick dwellings gradually fanned out and in filled from these railway stations and main roads. Canada Bay experienced its greatest period of development in the east (Drummoyne/Five Dock) during the inter war period and in the west (Concord) mainly during the late inter war period.


Canada Bay Final Report 2015 __________________________________________________________________________________________________________________ 1.0 GENERAL DESCRIPTION OF LOCAL GOVERNMENT AREA (Continued) Density development comprising two and three storey strata titled blocks of flats was a relatively late phenomenon in Canada Bay and did not take hold for a number of reasons til the 1980’s when planning changes, rising land values and demand for this type of development brought about largely by a change in demographics encouraged this form of development. The introduction of Urban Renewal and Consolidation planning principles, increases in the value of property and market tastes led in the 1990’s and 2000’s to large urban renewal projects of older waterfront sites to mainly high density development. Street development in the majority of areas followed a mainly right angle grid pattern except where the terrain or landform, i.e. river, ridge, gully, or older main road precluded this rigid street design. Some areas such as Drummoyne, Chiswick, Abbottsford and Mortlake which are generally steeper than the rest of the municipality have developed street patterns incorporating curved design with shorter, narrower and dead-end roads.

COMMERCIAL/RETAIL: There are several retail areas within the Canada Bay Local Government Area. Primarily they have developed along most of the main roads, the largest ones being Drummoyne on Victoria Rd, Five Dock on the Great North Rd, Concord on Majors Bay Rd and North Strathfield/Concord West along Concord Rd, and are in the form of strip retail centres. More recently shopping centres have been developed at Birkenhead Point, North Strathfield (George St) and Rhodes. Retail neighbourhood centres have also developed in the suburbs of Russell Lea, Wareemba, Breakfast Point, North Strathfield & Concord West railway stations and numerous other smaller localities. Parramatta Rd along parts of its route and Victoria Rd have matured as commercial areas and have recently included a number of mix uses along their courses which has established them as diverse and complex markets. Alongside traditions main road uses such as car yards and automotive industries, today likely uses also include commercial offices, bulky goods retailers, mix use residential developments and showrooms. INDUSTRIAL: The municipality of Canada Bay has several small industrial pockets including; along Parramatta Rd at Canada Bay, Queen, Harris and William Streets also at Canada Bay, and small pockets at Concord West centred around the railway station and at Rhodes - around Leeds St. A sizeable corporate/business park is also located along Concord Rd at Rhodes. Note: Rezoned B7 from IN1 under Canada Bay 2013. The Mortlake industrial area now mainly concentrated in parts of Bennett and Hilly Streets and Tennyson Rd are situated within a redevelopment zone. Rising land values and the area’s waterfront locality are slowly decreasing the number of industrial property and increasing the number of high density residential developments.



2.0 NUMBER OF VALUATIONS IN THE ZONE CATEGORIES

District 139 - Canada Bay LGA 2015

Register of Land Value Entry Totals at 31 Oct 15 (the totals below include the 29 Oct 2015 Supplementary Import)

Zone Category (all zones)

Residential 17042 93.51%

Business 813 4.46%

Industrial 113 0.62%

Open Space 185 1.02%

Special Uses 42 0.23%

Miscellaneous 29 0.16% Totals 18,224 100.00%

Residential Category

Single Dwelling Sites 15913 93.38%

Other Residential 1129 6.62% Totals 17,042 100.00%




Canada Bay Final Report 2015 __________________________________________________________________________________________________________________ 2.0 NUMBER OF VALUATIONS IN THE ZONE CATEGORIES (Continued)

District 139 - Canada Bay LGA 2015 Register of LV Entries per Component at 31 Oct 2015

Zone Component # Entries % Zone Component # Entries %

B1 CCC 66 0.36% R2 ESS 1919 10.53%

B1 CVN 39 0.21% R2 EWW 119 0.65%

B1 SGG 25 0.14% R2 RFF 166 0.91%

B1 SLL 53 0.29% R2 RGG 918 5.04%

B1 SSS 115 0.63% R2 RNN 44 0.24%

B3 FBB 13 0.07% R2 RPP 511 2.80%

B4 CAA 61 0.33% R2 RSS 4148 22.76%

B4 CVM 86 0.47% R2 RVV 915 5.02%

B4 LAR 9 0.05% R2 RWW 147 0.81%

B4 LBR 21 0.12% R3 EAD 76 0.42%

B4 SFF 116 0.64% R3 ECD 145 0.80%

B4 SVV 86 0.47% R3 EDB 46 0.25%

B4 SXX 6 0.03% R3 EDD 243 1.33%

B6 CVP 9 0.05% R3 EKD 469 2.57%

B6 SBB 63 0.35% R3 EQD 294 1.61%

B6 SBP 35 0.19% R3 ESD 570 3.13%

B7 DRR 10 0.05% R3 RDD 552 3.03%

E2 ECF 6 0.03% R3 RFD 309 1.70%

IN1 DAA 31 0.17% R3 RGD 389 2.13%

IN1 DLL 11 0.06% R3 RHH 105 0.58%

IN1 DPP 9 0.05% R3 RPD 214 1.17%

IN1 DSS 50 0.27% R3 RSD 320 1.76%

IN1 DWW 5 0.03% R4 LER 64 0.35%

IN1 DZZ 7 0.04% RE1 KGG 4 0.02%

R1 FAA 129 0.71% RE1 KPP 161 0.88%

R1 FDD 79 0.43% RE1 KRR 15 0.08%

R1 FEE 40 0.22% RE2 KPR 5 0.03%

R2 EAA 100 0.55% SP2 JCC 6 0.03%

R2 EBP 197 1.08% SP2 JEE 8 0.04%

R2 ECC 1465 8.04% SP2 JRR 11 0.06%

R2 EKK 1935 10.62% SP2 JUU 17 0.09%

R2 ENN 40 0.22% Z LMM 11 0.06%

R2 EQQ 374 2.05% Z LXX 12 0.07%

Totals No. of Components 66

Totals No. of Valuations 18224 100.00%



2.0 NUMBER OF VALUATIONS IN THE ZONE CATEGORIES (Continued)

District 139 - Canada Bay LGA 2015 Register of LV Totals per Category at 31 Oct 2015

Zone Component Total LV 2015 % Zone Component Total LV 2015 %

B1 CCC $35,518,000 0.15% R2 ESS $1,972,832,670 8.11%

B1 CVN $98,160,000 0.40% R2 EWW $270,451,370 1.11%

B1 SGG $23,745,000 0.10% R2 RFF $159,996,000 0.66%

B1 SLL $40,479,600 0.17% R2 RGG $1,038,299,910 4.27%

B1 SSS $70,439,900 0.29% R2 RNN $24,879,410 0.10%

B3 FBB $55,918,690 0.23% R2 RPP $564,678,800 2.32%

B4 CAA $101,553,000 0.42% R2 RSS $4,450,430,310 18.30%

B4 CVM $388,637,000 1.60% R2 RVV $1,494,608,400 6.15%

B4 LAR $20,920,000 0.09% R2 RWW $475,550,200 1.96%

B4 LBR $186,640,000 0.77% R3 EAD $66,664,000 0.27%

B4 SFF $145,998,600 0.60% R3 ECD $133,504,000 0.55%

B4 SVV $90,032,000 0.37% R3 EDB $464,380,000 1.91%

B4 SXX $72,896,400 0.30% R3 EDD $750,829,000 3.09%

B6 CVP $45,360,000 0.19% R3 EKD $514,057,000 2.11%

B6 SBB $142,674,100 0.59% R3 EQD $191,339,000 0.79%

B6 SBP $17,754,000 0.07% R3 ESD $442,561,110 1.82%

B7 DRR $90,891,600 0.37% R3 RDD $1,790,309,440 7.36%

E2 ECF $2,908,400 0.01% R3 RFD $448,875,170 1.85%

IN1 DAA $43,164,000 0.18% R3 RGD $374,932,170 1.54%

IN1 DLL $79,200,000 0.33% R3 RHH $766,006,100 3.15%

IN1 DPP $31,383,000 0.13% R3 RPD $240,138,850 0.99%

IN1 DSS $32,319,800 0.13% R3 RSD $284,037,000 1.17%

IN1 DWW $20,440,000 0.08% R4 LER $447,794,400 1.84%

IN1 DZZ $2,031,220 0.01% RE1 KGG $10,260,000 0.04%

R1 FAA $117,375,000 0.48% RE1 KPP $104,785,290 0.43%

R1 FDD $143,989,000 0.59% RE1 KRR $15,663,000 0.06%

R1 FEE $201,284,000 0.83% RE2 KPR $20,834,900 0.09%

R2 EAA $77,294,220 0.32% SP2 JCC $376,100 0.00%

R2 EBP $265,668,000 1.09% SP2 JEE $497,450 0.00%

R2 ECC $1,486,424,900 6.11% SP2 JRR $103,758,020 0.43%

R2 EKK $2,126,655,190 8.75% SP2 JUU $2,457,300 0.01%

R2 ENN $24,877,771 0.10% Z LMM $6,183,400 0.03%

R2 EQQ $399,463,000 1.64% Z LXX $1,024,670 0.00%

Totals No. of Components 66

Totals No. of Valuations $24,315,089,831 100.00%



3.0 TOWN PLANNING & ZONING INSTRUMENTS. Canada Bay Council’s primary planning instrument that controls and regulates development within the majority of the municipality at the time of this report is:- Canada Bay Local Environmental Plan 2013 (CBLEP 2013) as amended published in Gazette No.389 on 19th July 2013 and came into effect on 2nd August 2013. CBLEP 2013 replaced Canada Bay LEP 2008.

Canada Bay Council exhibited the Draft City of Canada Bay Local Environmental Plan (LEP) during the latter part of 2012 and early 2013. The draft LEP was endorsed by Council at its meeting of March 2013 and was submitted to the New South Wales Department of Planning for consideration and gazettal by the Minister. The stated aims of the Plan are:

(1) This Plan aims to make local environmental planning provisions for land in Canada Bay in accordance with the relevant standard environmental planning instrument under section 33A of the Act.

(2) The particular aims of this Plan are as follows: (a) to create a land use framework for controlling development in Canada Bay that allows detailed provisions to be made in any development control plan made by the Council, (b) to maintain and enhance the existing amenity and quality of life of the local community by providing for a balance of development that caters for the housing, employment, entertainment, cultural, welfare and recreational needs of residents and visitors, (c) to achieve high quality urban form by ensuring that new development reflects the existing or desired future character of particular localities, (d) to promote sustainable transport, reduce car use and increase use of public transport, walking and cycling, (e) to provide high quality open spaces and a range of recreational facilities, (f) to conserve the environmental heritage of Canada Bay, (g) to promote ecologically sustainable development, (h) to facilitate public access to foreshore land.

Some of the relevant ‘GENERAL RESTRICTIONS ON DEVELOPMENT OF LAND’ contained within CBLEP 2013 include but is not limited to the following provisions: - Part 4 Principle Development Standards 4.1 Minimum subdivision lot size

(1) The objectives of this clause are as follows: (a) to ensure that subdivision reflects and reinforces the predominant subdivision pattern of the area,


Canada Bay Final Report 2015 __________________________________________________________________________________________________________________ 3.0 TOWN PLANNING & ZONING INSTRUMENTS (Continued)

(b) to minimise any likely impact of subdivision and development on the amenity of neighbouring properties, (c) to ensure that lot sizes and dimensions are able to accommodate development, (d) to maintain visual amenity and character of the area, (e) to retain residential amenity through the provision of suitable landscaped areas and vehicular access.

(2) This clause applies to a subdivision of any land shown on the Lot Size Map that

requires development consent and that is carried out after the commencement of this Plan.

(3) The size of any lot resulting from a subdivision of land to which this clause applies is

not to be less than the minimum size shown on the Lot Size Map in relation to that land.

(3A) If a lot is a battle-axe lot or other lot with an access handle, the area of the access handle is not to be included in calculating the lot size. (4) This clause does not apply in relation to the subdivision of individual lots in a strata

plan or community title scheme.

4.1A Minimum lot sizes for dual occupancies, multi dwelling housing and residential flat buildings

(1) The objective of this clause is to achieve planned residential density in certain zones.

(2) Development consent may be granted to development on a lot in a zone shown in Column 2 of the Table to this clause for a purpose shown in Column 1 of the Table opposite that zone, if the area of the lot is equal to or greater than the area specified for that purpose and shown in Column 3 of the Table.

Column 1 Column 2 Column 3

Dual occupancy (attached) Zone R1 General Residential, Zone R2 Low Density Residential, Zone R3 Medium Density Residential

450 square metres

Dual occupancy (detached) Zone R1 General Residential, Zone R2 Low Density Residential, Zone R3 Medium Density Residential

800 square metres

Multi dwelling housing Zone R1 General Residential, Zone R3 Medium Density Residential

800 square metres


http://www.legislation.nsw.gov.au/fragview/inforce/epi+389+2013+pt.4-cl.4.1+0+N?tocnav=y

Canada Bay Final Report 2015 __________________________________________________________________________________________________________________ 3.0 TOWN PLANNING & ZONING INSTRUMENTS (Continued)

Multi dwelling housing Zone R4 High Density Residential

1,500 square metres

Residential flat building Zone R1 General Residential, Zone R3 Medium Density Residential

800 square metres

Residential flat building Zone R4 High Density Residential

1,500 square metres

4.3 Height of buildings (1) The objectives of this clause are as follows:

(a) to ensure that buildings are compatible with the desired future character in terms of building height and roof forms, (b) to minimise visual impact, disruption of views, loss of privacy and loss of solar access to existing development.

(2) The height of a building on any land is not to exceed the maximum height shown for the land on the Height of Buildings Map.

4.4 Floor space ratio (1) The objectives of this clause are as follows:

(a) to ensure that buildings are compatible with the bulk and scale of the desired future character of the locality, (b) to provide a suitable balance between landscaping and built form, (c) to minimise the effects of bulk and scale of buildings.

(2) The maximum floor space ratio for a building on any land is not to exceed the floor space ratio shown for the land on the Floor Space Ratio Map.

6.4 Limited development on foreshore area (1) The objective of this clause is to ensure that development in the foreshore area will not impact on natural foreshore processes or affect the significance and amenity of the area. (2) Development consent must not be granted for development on land in the foreshore area except for the following purposes:

(a) the extension, alteration or rebuilding of an existing building wholly or partly in the foreshore area, (b) the erection of a building in the foreshore area, if the levels, depth or other exceptional features of the site make it appropriate to do so,



3.0 TOWN PLANNING & ZONING INSTRUMENTS (Continued) (c) boat sheds, sea retaining walls, wharves, slipways, jetties, waterway access stairs, swimming pools, fences, cycleways, walking trails, picnic facilities or other recreation facilities (outdoors).

(3) Development consent must not be granted under subclause (2) unless the consent authority is satisfied that:

(a) the development will contribute to achieving the objectives for the zone in which the land is located, and (b) the appearance of any proposed structure, from both the waterway and adjacent foreshore areas, will be compatible with the surrounding area, and (c) the development will not cause environmental harm. (d) the development will not cause congestion or generate conflict between people using open space areas or the waterway, and (e) opportunities to provide continuous public access along the foreshore and to the waterway will not be compromised.

(4) In deciding whether to grant consent for development in the foreshore area, the consent authority must consider whether and to what extent the development would encourage the following:

(a) continuous public access to and along the foreshore through or adjacent to the proposed development, (b) public access to link with existing or proposed open space, (c) public access to be secured by appropriate covenants, agreements or other instruments registered on the title to land, (d) public access to be located above mean high water mark, (e) the reinforcing of the foreshore character and respect for existing environmental conditions.

(5) In this clause:

foreshore area means the land between the foreshore building line and the mean high water mark of the nearest natural waterbody shown on the Foreshore Building Line Map.

foreshore building line means: (a) the line that is landward of, and at the distance specified on the Foreshore Building Line Map from, the mean high water mark of the nearest natural waterbody shown on that map, or (b) if no distance is specified, the line shown as the foreshore building line on that map.



3.0 TOWN PLANNING & ZONING INSTRUMENTS (Continued) Schedule 1 Additional permitted uses:

(Clause 2.5)

1 Use of certain land at 378 and 380 Great North Road, Abbotsford and Abbotsford House, 2 Abbotsford Cove Drive, Abbotsford.

(1) This clause applies to land at 378 and 380 Great North Road, Abbotsford and Abbotsford

House, 2 Abbotsford Cove Drive, Abbotsford (known as the “Nestlé site”), in particular, Abbotsford House, Chatham House and the Clubhouse pavilion, being Lot 22, DP 270127, Lot 1, DP 862198 and Lot 19, DP 270127.

(2) Development for the following purposes is permitted with development consent:

(a) office premises, (b) restaurants or cafes.

2 Use of land at Breakfast Point (1) This clause applies to land at Breakfast Point, being Lots 46 and 87, DP 270347.

(2) Development for the following purposes is permitted with development consent:

(a) retail premises, (b) business premises.

3 Use of certain land at 1 Shore Road and 2 Bechert Road, Chiswick (1) This clause applies to land at 1 Shore Road and 2 Bechert Road, Chiswick, being Part Lots

63, 64 and 73, SP 64846 and Part Lots 6 and 7, SP 69974.

(2) Development for the purposes of commercial premises is permitted with development consent.

5 Use of certain land at Killoola Street, Concord West (1) This clause applies to land at Killoola Street, Concord West (Rhodes Park), being Lots 9–12

and Lots 21–25, DP 20309 and Lot 2, DP 1111329.

(2) Development for the following purposes is permitted with development consent: (a) child care centres, (b) community facilities, (c) respite day care centres, (d) restaurants or cafes, (e) schools.


Canada Bay Final Report 2015 __________________________________________________________________________________________________________________ 3.0 TOWN PLANNING & ZONING INSTRUMENTS (Continued) 8 Use of certain land at 69 Renwick Street, Drummoyne (1) This clause applies to land at 69 Renwick Street, Drummoyne, being Lot 203, DP 1059556. (2) Development for the purpose of a car park in association with the adjoining development at

162–166 Victoria Road, Drummoyne, is permitted with development consent. 9 Use of certain land at 30–34 St Georges Crescent, Drummoyne (1) This clause applies to land at 30-34 St Georges Crescent, Drummoyne, being Lot 66, DP

3859, Lot 1, DP 869786, Lot 1, DP 864334 and Lot 1, DP 1018805. (2) Development for the purpose of marinas is permitted with development consent. 10 Use of certain land at 380 Victoria Place, Drummoyne (1) This clause applies to land at 380 Victoria Place, Drummoyne, being Lot B, DP 401843 and

Lot 1, DP 549352. (2) Development for the purpose of marinas is permitted with development consent.

11 Use of certain land at Bevin Avenue, Five Dock (1) This clause applies to land at Bevin Avenue, Five Dock, being Lot 1, DP 860469. (2) Development for the following purposes is permitted with development consent if the use is associated with the adjacent Canada Bay Club:

(a) car parks, (b) serviced apartments.

12 Use of certain land at Bevin Avenue, Five Dock (1) This clause applies to land at Bevin Avenue, Five Dock, being Lot 1, DP 1136926, Lot 4, DP

536187 and Lot 2, DP 527649.

(2) Development for the purpose of a registered club is permitted with development consent. 13 Use of certain land at 104 William Street, Five Dock

(1) This clause applies to land at 104 William Street, Five Dock, being SP 73162 and SP 73163.

(2) Development for the following purposes is permitted with development consent: (a) commercial premises, (b) light industries.



3.0 TOWN PLANNING & ZONING INSTRUMENTS (Continued)

14 Use of certain land at 49–51 Queens Road, Five Dock (1) This clause applies to land at 49-51 Queens Road, Five Dock, being Lot 1, DP 607226 and

Lot 1, DP 738950. (2) Development for the purpose of office premises is permitted with development consent.

14A Use of certain land at 95 and 97–99 Queens Road, Five Dock (1) This clause applies to land at 95 and 97–99 Queens Road, Five Dock, being Lot 92, DP

1047100 and Lot 11, DP 1135519.

(2) Development for the purpose of a child care centre is permitted with development consent. 15 Use of certain land at 21–27 Regatta Road, Five Dock

(1) This clause applies to land at 21–27 Regatta Road, Five Dock, being lots 1–3, DP 1034085.

(2) Development for the purposes of vehicle sales or hire premises is permitted with development consent.

16 Use of certain land at 27 George Street, North Strathfield (1) This clause applies to land at 27 George Street, North Strathfield, being Part Lots 1–8 and

Part Lots 27–33, SP 84982.

(2) Development for the purpose of commercial premises is permitted with development consent.

19 Use of land in Zone R4

(1) This clause applies to land in Zone R4 High Density Residential.

(2) Development for the purpose of commercial premises is permitted with development consent on the ground floor of residential flat buildings.

The City of Canada Bay Development Control Plan (DCP) contains detailed development standards and design controls for various types of development. These provisions support the CBLEP and apply to all land within Canada Bay Local Government Area. The parts of the DCP include but are not limited to:

• Part 4 – Heritage Conservation

• Part 5 – Residential Controls for Houses and Attached Dual Occupancies

• Part 6 – Residential: Controls for Detached Dual Occupancies, Multi Dwelling Housing & Residential Flat buildings




• Part 7 – Mixed Use Areas and Neighbourhood Centres

• Part 8 – Industrial Development

• Part 9 – Signs and Advertising Structures

• Part 10 – Child Care Centres.

The DCP lists individual ‘Site or Precinct Specific Development Control Plans’ which govern the development standards in certain re-development areas. These currently number 15 specific precincts and include:

• Rhode West DCP Part 1-3 • 27 George Street North Strathfield DCP • Abbotsford cove DCP • Cape Cabarita (former Welcome Site) DCP • Drummoyne Village DCP • Edgewood and Kendall Inlet (former Dulux Site) DCP • Kings Bay (former Hycraft Site) DCP • Liberty Grove DCP • Mortlake Point DCP • Pelican Point, Pelican Quays & Phillips Landing DCP • Rhodes Corporate Park (Former Digital Site) DCP • Single Dwellings on Lots at Breakfast Point DCP • Sydney Wire Mill Site (former BHP site) • Tuscany Court (former Crompton Parkinson Site) DCP • Strathfield Triangle DCP

Rhodes Peninsula – Redevelopment Area Until recently there existed areas within the City of Canada Bay Council’s boundaries whose planning controls come under the administration of State significant controls. These were the Rhodes redevelopment area and foreshore land along the eastern shore of Homebush Bay whose development is guided by State Regional Environmental Plan No.29 (SREP No.29) and No.24 respectively. CBLEP 2013 amongst other zoning changes introduced the standardised state wide zoning framework to the Rhodes Redevelopment Area from the precinct based planning controls contained within SREP No.29.








Canada Bay Final Report 2015 __________________________________________________________________________________________________________________ 3.0 TOWN PLANNING & ZONING INSTRUMENTS (Continued) Additionally, council resolved to withhold the area of land known as the “Strathfield Triangle” and bounded by Cooper St, Parramatta Rd and Leicester Ave within the municipality as a - ‘deferred matter’ from its newly adopted CBLEP 2013, pending further planning advice.

Extract from CBLEP 2013 – showing “Strathfield Triangle” noted as DM, i.e. Deferred Matter


Canada Bay Final Report 2015 __________________________________________________________________________________________________________________ 4.0 IDENTIFIED SIGNIFICANT CHANGES IN USE OR DEVELOPMENTS OF PROPERTY AND OTHER FACTORS WHICH MAY AFFECT VALUATIONS.

The redevelopments of Breakfast Point and the Rhodes Peninsula are continuing to progress at a steady rate. The NSW Department of Planning and Infrastructure has approved the construction of a bridge across Homebush Bay to assist resident of waterside, urban renewal areas to more easily access public transport, jobs and open space. Other large residential redevelopment sites have been completed on Parramatta Rd & Hilts Rd as part of the redevelopment of Strathfield Triangle. Recent commercial sales along Parramatta Rd suggest there is still a growing demand for showroom, office accommodation space and apartments along these highly visible localities, but also those with good amenity, i.e. transport options, proximity to shops and the waterfront. Overall, the past reporting year has seen an increased amount of development applications in the Inner West of Sydney for mixed use developments. These developments are based on several factors which reflect the desirable nature of these sites in terms of proximity to transport nodes and other local amenities. Significant transactions and developments to have occurred or that are in the course of planning/development for the Canada Bay LGA, include:

• DA approved November 2014 for 1 Northcote St, Mortlake (part of the Majors Bay Development Pty Ltd) to construct 15 residential flat buildings comprising 430 apartments (140 x 1 bedroom units, 242 x 2 bedroom units and 48 x 3 bedroom units) with basement parking for 748 spaces, various public domain works and provision of open space.

• DA approved November 2014 for 162-166 Victoria Rd, Drummoyne to demolish existing structures and construction of new mixed use building comprising two (2) levels of basement parking, three (3) ground floor retail tenancies and seventeen (17) residential units.

• DA approved August 2014 for 29 Hilly St, Mortlake to demolish an existing factory and

construct two (2) four (4) storey residential flat buildings, each containing 2 x 1 bedroom units and 3 x 2 bedroom units over basement car parking.

• DA submitted November 2014 for 414-416 Lyons Rd, Five Dock to demolish existing

structures and construction of a shop top housing development comprising 3 ground floor commercial tenancies, 7 residential units and basement car parking. The decision is currently pending.

• DA approved April 2015 for 4-10 Cavendish St, Concord to demolish existing dwellings

and construction of a new multi-dwelling housing development comprising 14 townhouses with basement car parking.


Canada Bay Final Report 2015 __________________________________________________________________________________________________________________ 4.0 IDENTIFIED SIGNIFICANT CHANGES IN USE OR DEVELOPMENTS OF PROPERTY AND OTHER FACTORS WHICH MAY AFFECT VALUATIONS (Continued)

• DA submitted March 2015 for 64 Majors Bay Rd, Concord to demolish existing structures and construction of a mixed use development comprising 30 residential units and basement car parking for 61 vehicles. The decision is currently pending.

• DA submitted March 2015 for 364 Victoria Rd, Drummoyne to demolish existing

dwelling, car mechanic repair building and site storage shed and construction of a new 5 storey, 9 unit residential flat building. Including in-ground pool and landscaping. The decision is currently pending.

• DA submitted March 2015 for 8 Hilly St, Mortlake to construct a residential flat

building consisting of 64 dwellings over basement parking for 105 vehicles, public infrastructure upgrades and associated landscaping. The decision is currently pending.

• DA submitted April 2015 for 375A Concord Rd, Concord West, to demolish exiting

structures and construction of a 4 storey mixed use development comprising ground floor commercial use and 16 residential units over 3 levels of basement car parking. The decision is currently pending.

• DA submitted April 2014 for 77-79 Victoria Rd, Drummoyne to demolish all structures,

construction of a mixed use building of six storeys to Victoria Road and stepping down to two storeys to Formosa Street containing 164 dwellings, 509m2 of retail, 688m2 of commercial space and basement parking for 314 vehicles. The decision is currently pending.

• DA submitted June 2015 for 67 Ramsay Rd, Five Dock to demolish existing structures

and construction of a four storey shop top housing development with basement car parking, ground floor retail premises and nine residential units. Decision is currently pending.

• DA submitted June 2015 for 16 Walker St, Rhodes to demolish existing structures and

construction of a 7 storey mixed use development over basement parking for 19 vehicles - comprising ground floor tenancy and 4 x 1 bedroom and 10 x 2 bedroom units. The decision is currently pending.

• DA submitted August 2015 for 17B Tennyson Rd, Mortlake for demolition of existing

building and construction of a new three storey shop top housing development with basement parking. The decision is currently pending.

• DA submitted August 2015 for 197 Lyons Rd, Drummoyne for demolition of existing

structures and construction of a new mixed use development comprising 2 x ground floor cafes and parking with 15 residential units above. The decision is currently pending.


Canada Bay Final Report 2015 __________________________________________________________________________________________________________________ 4.0 IDENTIFIED SIGNIFICANT CHANGES IN USE OR DEVELOPMENTS OF PROPERTY AND OTHER FACTORS WHICH MAY AFFECT VALUATIONS (Continued)

• DA submitted September 2015 for 21 Majors Bay Rd, Concord to Demolition of existing

structures on-site and construction of a new three storey mixed use building comprising ground floor commercial unit and a boarding house with basement parking. The decision is currently pending.

• DA submitted October 2015 for 27 St Georges Cres, Drummoyne to demolition of

existing dwelling and construction of a three storey residential flat building with basement car parking. The decision is currently pending.

The residential market continues to grow particularly in the Inner West unit markets. It appears developers remain positive about long term prospects with the continuing high level of buyer demand for new stock. An overall limited supply of property for sale and continuing low interest rates have been a key driver for both the local and overseas investor-led demand for inner city single residential dwellings and apartments.

Aircraft noise is a continuing factor within the Canada Bay Local Government Area, however any affectation is reflected in the relevant market evidence. “Aircraft Movements for the year 2013” and “Sydney Airport Operational Statistics – March 2014” are available at the following web site www.airservicesaustralia.com.

The High Court decision Maurici v Deputy Commissioner of Land Tax requires that the valuation be made free of any influence of scarcity. In effect, the valuer is required to have regard to the whole market and not just the vacant land sales. In order to fulfil this requirement Southern Alliance Valuation Services Pty Ltd will have regard to all the sales evidence. Refer to ANNEXURE ‘B’ for Canada Bay Newspaper Articles.


Canada Bay Final Report 2015 __________________________________________________________________________________________________________________ 5.0 ADDED VALUE OF IMPROVEMENTS RESIDENTIAL: In addition to vacant land sales, improved sales were used to assist in determining the market levels for land values and to negate any possibility of a scarcity factor. The Paired Sales analysis is not considered the most reliable valuation technique to use in Canada Bay and was used in conjunction with other methods such as the added value of the depreciated cost of improvements. This technique is preferred due to several reasons including the established nature of the area and the lack of adequate numbers of vacant land or site sales.

The table below details the results obtained from the Replacement Cost Approach for the Canada Bay valuation district. The schedule provided is general in nature and each analysed sale is assessed individually when determining the added value of improvements to capture specific features e.g. renovations, pools, landscaping, no. of levels, topography etc.

Property Type Condition Added value of Improvements from

Paired Analysis

Fibro dwellings. Fair to Good. Circa 1950’s – 1980’s.

$1,000m2 to $1,800m2

Weatherboard dwellings. Fair to Good. Circa 1880’s – 1930’s.

$1,500m2 to $2,000m2

Project Home/Brick Veneer dwellings. Fair to Good. Circa 1970’s – Present.

$1,800m2 to $2,000m2

Post War dwellings. Fair to Good. Circa 1940’s – 1960’s.

$2,000m2 to $2,250m2

Inter War/Art Deco (double brick) dwellings. Fair to Good. Circa 1920’s – 1940’s.

$2,000m2 to $2,500m2

(smaller sites up to $3,000 m2)

Californian Bungalow (double brick) dwellings. Fair to Good. Circa 1920’s – 1940’s.

$2,000m2 to $2,500m2


Federation (double brick) dwellings. Fair to Good. Circa 1890’s – 1920’s.

$2,500m2 to $3,000m2


Victorian dwellings. 2 to 3 bedroom. Fair to Good. Circa 1850’s – 1900’s.

$2,500m2 to $3,000m2


Architecturally Designed dwellings. 3 to 5 bedroom.

Fair to Good. Modern

$3,000m2 +



5.0 ADDED VALUE OF IMPROVEMENTS (Continued) Examples of Paired Analysis within Inner West LGAs:

BURWOOD CONTRACT

Site value sale at 38 Auburn St, Hunters Hill. Sold 29/11/2014 for $1,380,000 (Analysed as $1,189,000). Dims: 18.29/15.24 x 44.15/43.54 Irreg. Area: 708.2m2

Paired with: 41 Bateman Rd, Gladesville. Sold 09/02/2015 for $1,615,000 Dims: 13.72 x 54.61/54.64m Area: 749.6m2 Freestanding 3 bedroom single storey brick and tile dwelling Art Deco dwelling, concrete side driveway and grassed rear yard. Situated in a two way residential side street. GBA 210m and garden shed of 15m. After allowing for size, location, date etc shows $504,000 ($2,400/m2) for this type of improvement and $28,000 for all other improvements. 23 Abigail St, Hunters Hill. Sold 16/08/2014 for $1,605,000 Dims: 12.22/20.14m x 38.1x37.57m Area: 607.9m2 Single storey freestanding 2 bedroom brick and tile Art Deco bungalow, with detached carport, concrete side driveway, grassed rear yard and garden shed. Situated in a quiet narrow two way residential side street. GBA 130m dwelling and carport/garden shed 30m, all appearing in solid but dated condition. After allowing for size, location, date etc shows $325,000 ($2,500/m2) for this type of improvement and $40,000 for all other site improvements.

Site Value sale at 22 Mount St, Hunters Hill. Sold 28/03/2015 for $1,632,000 (Analysed as $1,467,000). Dims: 5.82/51.41m x 62.97/83.49m Irreg. Area: 1,296m2

84 Blaxland Rd, Hunters Hill. Sold 11/03/2015 for $1,600,000 Dims: 25.0/24.5m x 50.4/53.6m Area: 1,213m2 Freestanding double storey brick and iron circa 1970’s dwelling, with under house garage, laundry/storage, entertainment verandah, established gardens. Situated in a quiet residential dead end street. GBA 200m dwelling and garage/laundry/storage 60m, all appearing to be in good condition. After allowing for size, location, date etc shows $360,000 ($1,800/m2) for this type of improvement and $80,000 for all other improvements.



5.0 ADDED VALUE OF IMPROVEMENTS (Continued) 77 Bonnefin Rd, Hunters Hill. Sold 13/02/2015 for $ 1,900,000 Dims: 11.4/18.14m x 58.39/60.3m Area: 862.4m2

Freestanding double storey brick and tile circa 1940,s dwelling, attached garage, established gardens with in-ground pool. Situated in a quiet narrow two way side residential side street. GBA 190m dwelling and garage of 30m, all appearing in well maintained condition. After allowing for size, location, date etc shows $342,000 ($1,800/m2) for this type of improvement and $75,000 for all other improvements.

Site Value sale at 144 Queen St, Five Dock. Sold 13/04/2015 for $1,050,000 (Analysed as $836,000). Dims: 15.24 x 29.87m Area: 455.3m2

Paired with: 22 Bayview Rd, Canada Bay. Sold 11/04/2015 for $1,200,000 Dims: 8.76/9.14 x 44.25/44.27m Area: 392m2 Freestanding single storey 3 bedroom brick and tile dwelling circa 1940’s with attached garage, workshop and covered patio. Almost regular shaped parcel of land situated on a wide residential side street. GBA 115m dwelling and garage/workshop of 50m all appearing in tidy but dated condition. After allowing for size, location, date etc shows $218,500 ($1,900/m2) for this type of improvement and $55,000 for all other improvements. 51 Wareemba St, Wareemba. Sold 08/11/2014 for $1,500,000 Dims: 12.5 x 34.39/34.09m Area: 423.7m Freestanding single storey 3 bedroom Californian bungalow carport, side driveway to detached garage, undercover patio and grassed rear yard. Almost regular shaped parcel of land situated on a quiet two way residential side street. GBA 155m dwelling and garage/carport of 45m all presenting in neat but dated condition. After allowing for size, location, date etc shows $341,000 ($2,200/m2) for this type of improvements and $42,000 for all other improvements.

Site Value sale at 86 Correys Ave, Concord. Sold 18/10/2014 for $1,335,000 (Analysed as $1,015,150). Dims: 12.6 x 42.67m Area: 537.64m2

Paired with: 27 Gloucester St, Concord. Sold 06/12/2014 for $1,481,000 Dims: 15.24 x 36.58m Area: 557.8m2 Single storey freestanding 3 bedroom brick and tile dwelling circa 1940’s, detached garage and grassed rear yard. Regular shaped parcel of land located on a quiet two way residential side street. GBA 120m dwelling and garage of 20m all presenting in solid but dated condition.



5.0 ADDED VALUE OF IMPROVEMENTS (Continued) After allowing for size, location, date etc shows $270,000 ($2,250/m2) for this type of improvement and $40,000 for all other improvements. 14 Keppel Ave, Concord. Sold 08/11/2014 for $1,400,000 Dims: 15.24 x 38.1m Area: 580.64m2 Freestanding single storey 4 bedroom Federation dwelling, concrete side driveway and grassed rear yard. Regular shaped parcel of land situated on a quiet tree lined two way residential side street. GBA 135m dwelling presenting in good condition. After allowing for size, location, date etc shows $390,000 ($2,850/m2) for this type of improvement and $36,000 for all other improvements.

Site value sale at 1 Battersea St, Abbotsford. Sold 27/11/2014 for $1,400,000 (Analysed as $1,232,000). Dims: 11.28 x 30.18m Area: 335.1m2

Paired with: 88 Clements St Russell Lea. Sold 12/12/2014 for $1,660,000 Dims: 12.19 x 36.58m Area: 442.6m2 Freestanding single storey 3 bedroom brick and tile dwelling circa 1920’s, workshop/shed and grassed rear yard. Elevated regular shaped parcel of land situated on quiet two way residential side street. GBA 100m dwelling and workshop of 15m all appearing to be in solid but dated condition. After allowing for size, location, date etc show $2,300,000 ($2,300/m2) for this type of dwelling and $28,000 for all other improvements. 65 Walton Cres, Abbotsford. Sold 28/03/2015 for $1,790,000 Dims: 14.63/14.76 x 29.92/27.97m Area: 423.7m2 Freestanding single storey 3 bedroom dwelling circa 1940’s dwelling, under-house garage, rear entertainment deck and grassed rear yard. Almost regular shaped parcel of land situated on a quiet two way residential side street. GBA 120m dwelling and garage of 20m all appearing to be in well maintained condition. After allowing for size, location, date etc shows $215,000 ($2,150/m2) for this type of dwelling and $35,000 for all other improvements.

Site Value sale at 5 Stephen St, Balmain. Sold 23/05/2015 for $1,020,000 (Analysed $1,020,000). Dims: 8.23 x 1806m Area: 151.8m

Paired with:



5.0 ADDED VALUE OF IMPROVEMENTS (Continued) 21 Macquarie Tce, Balmain. Sold 23/05/2015 for $1,360,000 Dims: 6.155/6.19 x 27.275/28.32m Area: 169.2m2 Single storey freestanding 2 bedroom brick and G.I. Federation dwelling with paved rear courtyard, all presenting in good condition. Improvements represent a good utilisation of the site. Situated on a wide residential street with a central grass medium strip, located close to all amenities. GBA 95m dwelling and paved rear courtyard. After allowing for size, location, date etc shows $275,500 ($2,900/m2) for this type of improvement and $25,000 for all other improvements. 11 Claremont St, Balmain. Sold 20/11/2014 for $1,200,000 Dims: 6.1 x 24.38m Area: 148.72m2 Single storey freestanding 2 bedroom weatherboard and G.I. Victorian dwelling, courtyard, all presenting in solid but dated condition. Improvements represent a basic use of the site. Situated in a quiet two way residential side street, located close to amenities. GBA 80m dwelling, garage/shed of 20m and courtyard. After allowing for size, location, date etc shows $144,000 ($1,800/m2) for this type of improvement and $20,000 for all other improvements.

Site Value sale of 21 Bruce St, Rozelle. Sold 23/05/2015 for $1,456,000 (Analysed as $1,216,000) Dims: 10.6 x 19.2m Area: 193.1m2

Paired with: 16 Bruce St, Rozelle. Sold 21/04/2015 for $1,850,000 Dims: 11.13 x 19.51m Area: 217.15m2 Double storey freestanding architecturally designed 3 bedroom weatherboard/sandstone dwelling, landscaped courtyard and entertainment deck, all presenting in good condition. Improvements represent a good utilisation of the site. Situated in quiet residential one-way street, located close to all amenities. GBA 160m dwelling, entertainment deck and courtyard. After allowing for size, location, date etc shows $504,000 ($3,150/m2) for this type if improvement and $76,000 for all other improvements. 39 Cove St, Birchgrove. Sold 06/12/2014 for $1,670,000 Dims: 7.8/7.36 x 32.66/32.34m Area: 240.3m2 Double storey semi-detached 3 bedroom Victorian terrace, established grassed rear courtyard, all presenting in solid and partly renovated condition. Improvements represent a good utilisation of the site. Situated in quiet two way residential side street, close to amenities. GBA 145m dwelling and courtyard. After allowing for size, location, date etc shows $355,250 ($2,450/m) for this type of improvement and $23,000 for all other improvements.



5.0 ADDED VALUE OF IMPROVEMENTS (Continued)

Site Value sale at 30 Brooklyn St, Tempe. Sold 29/04/2015 for $1,131,000 (Analysed as $922,000). Dims: 9.8/9.42 x 39.67m Area: 379.4m2

Paired with: 201 Addison Rd, Marrickville. Sold 07/11/2014 for $936,000. Dims: 7.91/7.64 x 30.58/30.11m Area: 234.8m2 Single storey 2 bedroom semi-detached brick and tile Art Deco dwelling, concrete paved rear courtyard and side driveway to garage, all presenting in solid condition. Improvements represent a basic utilisation of the site. Situated on a relatively busy two way residential through road close to local amenities. GBA 100m dwelling, garage of 25m and concrete paved courtyard. After allowing for size, location, date etc shows $245,000 ($2,450/m) for this type of dwelling and $30,000 for all other improvements. 9 Eltham St, Dulwich Hill. Sold 13/12/2014 for $1,296,000. Dims: 10.08/10.62 x 33.76/32.03m Area: 328.8m2 One and half storey semi-detached brick and tile Victorian dwelling, rear courtyard, all presenting in solid condition, improvements represent and underutilisation of the site. Situated in a quiet two way residential side street, located close to local amenities. GBA 170m dwelling and rear courtyard with concrete paving and grass. After allowing for size, location, date etc shows $425,000 ($2,500/m) for this type of dwelling and $20,000 for all other improvements.

Site Value sale at 21 Clissold St, Ashfield. Sold 01/11/2014 for $1,312,000 (analysed, $1,065,000) Dims: 17.07 x 33.43 / 33.39m Area: 569.1m2

Paired with: 1 Curt St, Ashfield. Sold on 11/09/2015 for $1,330,000 Dims: 12.19 / 13.23 x 30.48 / 32.42m Area: 379.4m2 Single storey three bedroom brick and tile bungalow style dwelling all presenting in average condition throughout. Situated in a quiet two way street. GBA of dwelling 120m2. After allowing for area, size, shape, date of sale, etc. improvements show $275,000 ($2,292/m2) for this type of dwelling and another $40,000 for other site improvements. Or paired with: 28 Bay St, Croydon. Sold on 03/09/2015 for $1,400,000 Dims: 12.19 x 63.5 / 63.3m Area: 771.4m2 Single storey two bedroom timber weatherboard dwelling all presenting in good condition throughout. Situated in a two way street with light passing traffic. GBA of dwelling 135m2. After allowing for area, size, shape, date of sale, etc. improvements show $250,000 ($1,852/m2) for this type of dwelling and another $30,000 for other site improvements. Southern Alliance Valuation Services Pty Ltd – Canada Bay Final Report – BD 1 July 2015 Page 33 of 65


5.0 ADDED VALUE OF IMPROVEMENTS (Continued) Site Value sale at 39 Bartlett St, Summer Hill. Sold 14/03/2015 for $935,000 (analysed

$676,500 Dims: 4.94 / 4.98 x 30.48m Area: 150.4m2

Paired with: 3 Frederick St, Ashfield. Sold on 20/01/2015 for $875,000 Dims: 9.14 x 33.1 / 33.6m Area: 297.2m2 One and a half storey four bedroom partly renovated but unfinished brick and tile dwelling all presenting in average condition throughout. GBA of dwelling 105m2. After allowing for area, size, shape, date of sale, etc. improvements show $200,000 ($1,905/m2) for this type of dwelling and another $20,000 for other site improvements. Or paired with: 7 Beatrice St, Ashfield. Sold on 08/08/2015 for $980,000 Dims: 8.5 / 7.04 x 23.48m Area: 187.9m2

A small single storey semi-detached 2 bedroom federation period home in renovated condition presenting in good condition throughout. Situated in a quiet cul-de-sac. GBA of dwelling 100m2 and other site improvements including courtyard and landscaping. After allowing for area, size, shape, date of sale, etc, improvements show $300,000 ($3,000/m2) for this type of dwelling and another $40,000 courtyard and landscaping. Site Value sale at 84 Brighton St, Croydon Park. Sold 14/11/2014 for $1,062,000

(analysed $915,500) Dims: 13.411 / 14.125 x 40.704 / 39.23m Area: 517m2

Paired with: 42 Baker St, Enfield. Sold on 20/06/2015 for $1,218,000 Dims: 10.058 x 60.96m Area: 607m2

A small single storey freestanding 2 bedroom brick and tile dated bungalow style dwelling with carport and entertainment area all presenting in average condition throughout. Situated in a quiet narrow two way street. GBA of dwelling 120m2. After allowing for area, size, shape, date of sale, etc. improvements show $300,000 ($2,500/m2) for this type of dwelling and another $20,000 for other site improvements. Or paired with: 24 Brighton St, Croydon. Sold on 20/06/2015 for $1,390,000 Dims: 10.6 x 40.82m Area: 410.65m2

A single storey freestanding 3 bedroom brick and tile dated bungalow style dwelling with off road parking all presenting in average condition throughout. Situated in a moderately busy two way street. GBA of dwelling 130m2. After allowing for area, size, shape, date of sale, etc. improvements show $350,000 ($2,692/m2) for this type of dwelling and another $15,000 for other site improvements.


Canada Bay Final Report 2015 __________________________________________________________________________________________________________________ 5.0 ADDED VALUE OF IMPROVEMENTS. (Continued) Site Value sale at 73 Lang St, Croydon. Sold 29/05/2015 for $1,200,000 (analysed

$916,000) Dims: 12.19 x 36.58m. Area: 470m2

Paired with: 55 Croydon Ave, Croydon. Sold on 04/07/2015 for $1,325,000 Dims: 13.95 / 2.01 x 56.21 / 53.86m Area: 427.5m2 Single storey three bedroom brick and tile federation style dwelling with attic all presenting in good condition throughout. Situated in a moderately busy two way street. GBA of dwelling 145m2. After allowing for area, size, shape, date of sale, etc. improvements show $400,000 ($2,759/m2) for this type of dwelling and another $25,000 for other site improvements. Or paired with: 81 Mitchell St, Croydon Park. Sold on 02/07/2015 for $1,350,000 Dims: 11.56 x 40.325 / 40.315m Area: 467m2 Single storey three bedroom brick and tile Californian bungalow style dwelling with attic all presenting in good condition throughout. Situated on a wide two way street with moderate passing traffic. GBA of dwelling 130m2. After allowing for area, size, shape, date of sale, etc. improvements show $350,000 ($2,692/m2) for this type of dwelling and another $40,000 for other site improvements. Site Value sale at 3 Brooklyn St, Strathfield South. Sold 17/10/2014 for $927,000

(analysed $763,000) Dims: 11.94 x 46.13m. Area: 470m2

Paired with: 1 Brooklyn St, Strathfield South. Sold on 16/09/2015 for $1,120,000 Dims: 11.28 / 11.15 x 30.78m Area: 341.5m2 Single storey three bedroom brick and tile restored and renovated californian bungalow style dwelling with attic all presenting in good condition throughout. Situated on a quiet two way street. GBA of dwelling 130m2. After allowing for area, size, shape, date of sale, etc. improvements show $350,000 ($2,692/m2) for this type of dwelling and another $30,000 for other site improvements. Or paired with: 10 Hill St, Strathfield South. Sold on 16/09/2015 for $1,120,000 Dims: 11.28 / 11.15 x 30.78m Area: 341.5m2 Single storey four bedroom brick and tile restored and renovated californian bungalow style dwelling with attic all presenting in good condition throughout. Situated on a quiet two way street. GBA of dwelling 140m2. After allowing for area, size, shape, date of sale, etc. improvements show $350,000 ($2,692/m2) for this type of dwelling and another $30,000 for other site improvements.


Canada Bay Final Report 2015 __________________________________________________________________________________________________________________ 5.0 ADDED VALUE OF IMPROVEMENTS. (Continued) Site Value sale at 32 Courallie Ave, Homebush West.Sold 04/08/2015 for $1,250,000

(analysed $971,000) Dims: 12.19 x 39.62m Area: 482.97m2

Paired with: 13 Arthur St, Strathfield. Sold on 22/12/2014 for $1,420,000 Dims: 15.24 x 45.72m Area: 696.77m2

Single storey three bedroom brick and tile bungalow style dwelling with garage, all presenting in good condition throughout. Situated on a quiet two way street. GBA of dwelling 155m2. After allowing for area, size, shape, date of sale, etc. improvements show $400,000 ($2,581/m2) for this type of dwelling and another $30,000 for other site improvements. Or paired with: 9 Cartwright Ave, Homebush. Sold on 13/04/2015 for $1,260,000 Dims: 12.65 x 39.01m Area: 493.48m2

Single storey three bedroom brick and tile well-kept original bungalow style dwelling with garage, all presenting in average condition throughout. Situated on a quiet two way street. GBA of dwelling 125m2. After allowing for area, size, shape, date of sale, etc. improvements show $300,000 ($2,400/m2) for this type of dwelling and another $15,000 for other site improvements.

COMMERCIAL / RETAIL / INDUSTRIAL: Due to the lack of sufficient vacant land sales in the Canada Bay LGA for the above zone categories, the Replacement Cost approach was applied when analysing sales evidence. The Replacement Cost approach is based upon the principle that the informed purchaser would pay no more than the cost to reproduce the sale property. Hence the methodology used on analysis is as follows:

Replacement Cost Methodology: Reasonable allowance for refurbishment costs added to the sale price to bring the

improvements to an as new replacement standard where the returns would be equivalent to as new.

An appropriate entrepreneurial profit and risk allowance. On average between 15% – 25% in the Canada Bay valuation area.

Allowance for interest on funds during the hypothetical construct to completion period. This is inclusive of holding charges and construction costs. Depending on borrowings between 6% - 8% was applied.

The adjusted sale price can now be analysed for land content by using industry accepted cost estimates for the as new building and development expenses. As a general summary, the cost new applied in the Canada Bay districts were as follows:


Canada Bay Final Report 2015 __________________________________________________________________________________________________________________ 5.0 ADDED VALUE OF IMPROVEMENTS. (Continued)

Single storey retail shop $2,000 m2 gross building area Two storey retail shop with office above $1,500 m2 gross building area Two storey retail shop with residential above $2,000 m2 gross building area Industrial (depending on construction type) $500 - $1,000m2 gross building area The residual amount following this exercise will show the adjusted land value at the base date.

Other costs accounted for are:

All professional fees Costs of site works in preparation for building Cost of stamp duty and legal charges on purchase of site Costs of rates and taxes over development period Loss of interest on capital outlaid on purchase of site Loss of interest on capital outlaid on construction (av. 50% of dev. period). Legal costs and commission on sale for development sites. Critical to the analysis is that the added value only is to be captured and taken from the Sale Price to show the Residual Land Value.


Canada Bay Final Report 2015 __________________________________________________________________________________________________________________ 6.0 CHANGES TO COMPONENTS ILLUSTRATED BY CHANGES TO THE EXISTING VALUE RELATIONSHIPS.

From the analysed sales evidence available at the commencement and during the programme, the amount of variation applied to the value of properties within each zone & component is as follows:

Value Levels - Typical Properties Typical Single Dwelling Site – Rhodes (EAA) Dimensions : 15.24m x 45.82m Site Area : 689.2m2 BD 0714 Land Value : $1,060,000 Factor Update : 1.226 BD 0715 Land Value : $1,300,000 Typical Single Dwelling Site – Concord North (ECC) Dimensions : 15.24m x 45.72m Site Area : 695.6m2 BD 0714 Land Value : $712,000 Factor Update : 1.398 BD 0715 Land Value : $996,000 Typical Density Site – Canada Bay (West) (EDD) Dimensions : 30.18m x 45.67m Site Area : 1,356m2 Development : 17 x 2 bedroom units (80m2) BD 0714 Land Value : $2,830,000 ($156,500/unit) Factor Update : 1.297 BD 0715 Land Value : $3,670,000 ($215,900/unit) Typical Single Dwelling Site – Concord East (Mortlake, Cabarita) (EKK) Dimensions : 15.24m x 36.58m Site Area : 557.48m2 BD 0714 Land Value : $864,000 Factor Update : 1.250 BD 0715 Land Value : $1,080,000 Typical Single Dwelling Site – Concord (Main Road Frontage) (ECC) Dimensions : 15.54m x 42.42m Site Area : 638.6m2 BD 0714 Land Value : $639,000 Factor Update : 1.397 BD 0715 Land Value : $893,000 Typical Single Dwelling Site – Concord West (EQQ) Dimensions : 10.06/11.08m x 59.69/56.48m Site Area : 574.9m2 BD 0714 Land Value : $600,000 Factor Update : 1.446 BD 0715 Land Value : $868,000


Canada Bay Final Report 2015 __________________________________________________________________________________________________________________ 6.0 CHANGES TO COMPONENTS ILLUSTRATED BY CHANGES TO THE EXISTING VALUE RELATIONSHIPS (Cont.)

Typical Single Dwelling Site – Concord Central (ESS) Dimensions : 15.24m x 40.84m Site Area : 622.4m2 BD 0714 Land Value : $956,000 Factor Update : 1.297 BD 0715 Land Value : $1,240,000 Typical Single Dwelling Site – Canada Bay Waterfront (West) (EWW) Dimensions : 13.72m x 51.21m Site Area : 708.2m2 BD 0714 Land Value : $1,890,000 Factor Update : 1.227 BD 0715 Land Value : $2,320,000 Typical Density Sites – Canada Bay East (Non-Waterfront) (RDD) Dimensions : 20.12m x 77.88m Site Area : 1,566m2 Development : 33units (@ 48m2) BD 0714 Land Value : $3,660,000 ($110,900/unit) Factor Update : 1.112 BD 0715 Land Value : $4,070,000 ($123,300/unit) Typical Single Dwelling Site – Drummoyne (East) (RFD) Dimensions : 15.24m x 45.72m Site Area : 696.77m2 BD 0714 Land Value : $1,510,000 Factor Update : 1.298 BD 0715 Land Value : $1,960,000 Typical Single Dwelling Site – Drummoyne (West of Victoria Rd) (RGG) Dimensions : 12.19m x 44.81m Site Area : 543.7m2 BD 0714 Land Value : $1,100,000 Factor Update : 1.300 BD 0715 Land Value : $1,430,000 Typical Home Unit Site – Canada Bay Waterfront (East) (RHH) Dimensions : 22.92m/HWM x 66.00m/60.96m Site Area : 1,450m2 Development : 14 x 2 bedroom units (104m2) BD 0714 Land Value : $6,110,000 ($436,400/unit) Factor Update : 1.052 BD 0715 Land Value : $6,430,000 ($459,300/unit)



Typical Single Dwelling Site – Main Road (Canada Bay East) Dimensions : 11.51m x 51.23m/49.76m Site Area : 575.4m2 BD 0714 Land Value : $753,000 Factor Update : 1.299 BD 0715 Land Value : $978,000 Typical Single Dwelling Site – Prime Suburban (Canada Bay East) (RPP) Dimensions : 15.24m x 45.72m Site Area : 696.77m2 BD 0714 Land Value : $1,250,000 Factor Update : 1.256 BD 0715 Land Value : $1,570,000 Typical Single Dwelling Site – Secondary Suburban (Canada Bay East) (RSS) Dimensions : 15.54m x 33.53m Site Area : 521.06m2 BD 0714 Land Value : $1,040,000 Factor Update : 1.298 BD 0715 Land Value : $1,350,000 Typical Single Dwelling Site – Waterviews (Canada Bay East) (RVV) Dimensions : 15.11m/16.59m x 22.97m/36.94m Site Area : 525m2 BD 0714 Land Value : $2,240,000 Factor Update : 1.196 BD 0715 Land Value : $2,680,000 Typical Single Dwelling Site – Canada Bay Waterfront (East) (RWW) Dimensions : 16.79m/12.50m x 53.81m/52.68m Site Area : 878.1m2 BD 0714 Land Value : $3,690,000 Factor Update : 1.173 BD 0715 Land Value : $4,330,000 Business Typical Retail Property – Majors Bay Rd, Concord (CAA) Dimensions : 6.21m x 39.71m Site Area : 240.3m2 BD 0714 Land Value : $1,420,000 Rate per metre frontage: $228,663/m ftg ($5,909/m2) Factor Update : 1.239 BD 0715 Land Value : $1,760,000 Rate per metre frontage: $283,414/m ftg ($7,324/m2)



Typical Retail Property – Great North Rd, Five Dock (SFF) Dimensions : 6.02m x 34.34m Site Area : 206.73m2 BD 0714 Land Value : $728,000 Rate per metre frontage: $120,930/m ftg ($3,522/m2) Factor Update : 1.00 BD 0715 Land Value : $928,000 Rate per metre frontage: $154,153/m ftg ($4,489/m2) Typical Retail Property – Victoria Rd, Drummoyne (SVV) Dimensions : 6.10m x 25.40m Site Area : 154.94m2 BD 0714 Land Value : $704,000 Rate per metre frontage: $115,410/m ftg ($4,544/m2) Factor Update : 1.148 BD 0715 Land Value : $808,000 Rate per metre frontage: $132,459/m ftg ($5,215/m2) Typical Retail Property – Concord Rd, North Strathfield (CCC) Dimensions : 5.74m x 36.27m Site Area : 202.3m2 BD 0714 Land Value : $488,000 Rate per metre frontage: $85,017/m ftg ($2,412/m2) Factor Update : 1.199 BD 0715 Land Value : $585,000 Rate per metre frontage: $101,916/m ftg ($2,892/m2) Typical Mix Use Property – Victoria Rd, Drummoyne (CVM) Dimensions : 27.44m x 30.48m Site Area : 836.3m2 BD 0714 Land Value : $3,130,000 Rate per metre frontage: $114,067/m ftg ($3,743/m2) Factor Update : 1.252 BD 0715 Land Value : $3,920,000 Rate per metre frontage: $142,857/m ftg ($4,687/m2) Typical Commercial Property – Parramatta Rd, (SBB) Dimensions : 54.81m/54.64m x 42.59m/45.72m Site Area : 2,375m2 BD 0714 Land Value : $3,570,000 Rate per metre frontage: $65,134/m ftg ($1,503/m2) Factor Update : 1.400 Handcrafted BD 0715 Land Value : $5,000,000 Rate per metre frontage: $91,224/m ftg ($2,105/m2) Handcrafted



Industrial Typical Industrial Site – Canada Bay (Small Sites to 1,000m) (DSS) Dimensions : 10.97m x 32.61m Site Area : 357.73m2 BD 0714 Land Value : $535,000 Rate per square metre : $1,496/m2

Factor Update : 1.064 BD 0715 Land Value : $569,000 Rate per square metre : $1,591/m2

Typical Industrial Site – Canada Bay (Average Sites 1,000 – 4,000m) (DAA) Dimensions : 43.97m/46.00m x 36.17m/36.28m Site Area : 1,618m2 BD 0714 Land Value : $1,820,000 Rate per square metre : $1,125/m2

Factor Update : 1.00 BD 0715 Land Value : $1,820,000 Rate per square metre : $1,125/m2

Typical Industrial Site – Parramatta Rd (Large Sites over 4,000m) (DLL) Dimensions : 185.855m ftg Site Area : 1.528ha BD 0714 Land Value : $8,290,000 Rate per square metre : $542/m2

Factor Update : 1.00 BD 0715 Land Value : $8,290,000 Rate per square metre : $542/m2

Undertermined Rhodes Mixed Business/Residential Dev. Site – Rhodes (East) (LBR) Dimensions : 40.84m/57.3m x 73.18m/56.39m Site Area : 2,638m2 Development : 51 mixed units (52m2/unit) BD 0714 Land Value : $6,150,000 ($120,588/unit or $2,331/m2) Factor Update : 1.165 BD 0715 Land Value : $7,350,000 ($144,118/unit or $2,786/m2) Handcrafted Residential Dev. Site – Rhodes (East) (LER) Dimensions : 54.13Irr/60.05m x 89.87Irr/45.54m Site Area : 3,966m2 Development : 107 residential units (37m2/unit) BD 0714 Land Value : $9,000,000 ($84,112/unit or $2,269/m2) Factor Update : 1.203 BD 0715 Land Value : $10,300,000 ($96,262/unit or $2,597/m2)



6.0 CHANGES TO COMPONENTS ILLUSTRATED BY CHANGES TO THE EXISTING VALUE RELATIONSHIPS (Cont.)

District 139 - Canada Bay LGA 2015

Base Date Land Value Totals at 31 Oct 2015 Zone & / or

Property Category

Total of 2013

LG LV's as at 31 Oct

12

Total of 2013

Prior LV's as at 31 Oct

14

Total of 2014

New LV's as at 31 Oct

15

2012 to 2015

Variation

2014 to 2015

Variation

% of Cat. to Total

District Value 2012

% of Cat. to Total

District Value 2014

% of Cat. to Total

District Value 2015

(the totals below include the 29 Oct 2012 Supplementary Import)

Residential $15,105,100,610 $17,823,649,491 $22,210,185,391 1.470 1.246 91.29% 91.15% 91.34%

Business $1,021,526,750 $1,285,282,270 $1,627,617,890 1.593 1.266 6.17% 6.57% 6.69%

Industrial $201,829,460 $202,759,030 $208,538,020 1.033 1.029 1.22% 1.04% 0.86%

Open Space $121,236,980 $134,885,540 $151,543,190 1.250 1.123 0.73% 0.69% 0.62%

Special Uses $86,778,000 $98,496,440 $107,088,870 1.234 1.087 0.52% 0.50% 0.44%

Miscellaneous $10,002,440 $9,752,730 $10,116,470 1.011 1.037 0.06% 0.05% 0.04%

District Land Value Total $16,546,474,240 $19,554,825,501 $24,315,089,831 1.470 1.243 100.00% 100.00% 100.00%



7.0 MARKET COMMENTARY:

A thorough investigation of all categories of property was undertaken for the 2015 revaluation program to determine the state of the market. A cornerstone of this investigation involved the analysis of as many sales of vacant land, site values and improved sales as was necessary to determine the level of value as at the 1st July 2015 Base Date. Sales analysed by category: Residential 191 Commercial 37 Industrial 8



7.0 MARKET COMMENTARY (Continued) Residential – Overall the residential market within the Canada Bay Local Government Area as at Base Date 1/7/2015 tended to increases generally in line with surrounding areas in the inner west of Sydney. Market transactions investigated suggest this movement was not uniform throughout all suburbs whereby some areas and property types performed better than others. For example single residential sites in the western part of the municipality, in particular Concord West and Concord North, showed the strongest increases, where prices still represent better value, and the larger, underdeveloped sites and areas where the underlying zoning allows for density development. Density sites zoned single residential generally showed a steady increase from the previous reporting year, moving in a band of 20-32%, with Concord Central showing the lowest increase of 20.8%. Waterfront sites overall showed a steady increase from the previous reporting year. A limited supply of property for sale and the low interest rates helped to maintain the strong increases in value levels in the residential sector across the Canada Bay LGA between Base Date 01/07/2014 and 01/07/2015. Demand for high density unit and medium density sites and the finished product itself remained high over the preceding year ending 1st July 2015, whilst underlying demand seems to have increased markedly. Rises in residential rentals mostly fuelled by housing affordability and abolishment of stamp duty exemption for first home buyer on purchases of existing homes from 1st January 2012 onwards is believed to be underpinning this demand. Commercial / Retail – Both the commercial and retail property markets within the Canada Bay Local Government Area remained buoyant, which can be attributed in part to low interest rates and investors shifting their focus into the higher returns available from residential sectors. A general improvement in the trading environment for retailers, including a lower AUD, is helping to sustain national retail spending at a resilient level. ABS retail turnover for September showed a similar momentum as in August at 0.4% in the month (to be 3.7% y/y). Canada Bay commercial office occupancy rates have remained low over the preceding year ending 1st July 2015, with no new supply currently affecting this equilibrium. This trend is set to continue for the short term however midterm prospects appear likely to shift to higher occupancy rates as the volume of office space increase as several projects come on stream. Over the 2014/2015 reporting year the volume of commercial, retail and office property transactions this year decreased over the preceding reporting year.

Unlike the stock-market, any impact upon the real estate market is dependent on consumer confidence and any regulatory/monetary policy changes. Hence in the short term value levels are expected to hold.

There have been a number of commercial sales in the Canada Bay Area both under one million dollars and over one million dollars. The major sales include: Neighbourhood Centres

• 134 Lyons Rd, Drummoyne Sold January 2015 for $1,850,000 Area 417.3m2 • 276 Great North Rd, Wareemba Sold April 2015 for $1,700,000 Area 303.5m2



7.0 MARKET COMMENTARY (Continued) Mixed-Use Developments

• 181 First Ave, Five Dock Sold Dec 2015 for $6,402,000 Area 860m2 • 97 Majors Bay Rd, Concord Sold May 2015 for $5,310,000 Area 497m2 • 146 First St, Five Dock Sold June 2015 for $5,000,000 Area 493.2m2 • 70 Majors Bay Rd, Concord Sold May 2015 for $4,535,000 Area 415m2 • 96 Great North Rd, Five Dock Sold May 2015 for $4,500,000 Area 657m2 • 121-123 Great North Rd, Five Dock Sold Nov 2014 for $3,535,000 Area 459m2 • 2 East St, Five Dock Sold Dec 2014 for $2,400,000 Area 398.4m2 • 141 Great North Rd, Five Dock Sold March 2015 for $2,300,000 Area 177m2 • 31 Majors Bay Rd, Concord Sold May 2015 for $2,000,000 Area 255m2 • 192 Victoria Rd, Drummoyne Sold Sept 2014 for $1,620,000 Area 464.5m2 • 97 Great North Rd, Five Dock Sold July 2014 for $1,550,000 Area 196m2

Business Sites – Main Roads

• 61 Parramatta Rd, Five Dock Sold Nov 2014 for $24,500,000 Area8,662.3m2 • 129-131 Parramatta Rd, Concord Sold April 2015 for $4,100,000 Area 562.8 m2 • 57 Manson Rd, Strathfield Sold Nov 2014 for $3,300,000 Area 523m2

The Parramatta Rd Corridor has shown strong growth over the past 12-18 months particularly for B6 sites with FSR’s 2.0:1 or large sites over 5,000m2 that have lower FSR’s (1.0:1). These sites are being increasing sort by developers for predominately Mixed Use redevelopment based on their residential potential.

Industrial - Overall supply in the Sydney Industrial market have been relatively sluggish with forecasters predicting an undersupply of industrial space over the next 3 years. The expectation of undersupply of industrial space is attributed to the acquisition of CBD and city fringe industrial properties that are developed into residential or mixed-use developments. The industrial property market within the Canada Bay Local Government area remains relatively flat, which can be attributed in part to investors and property developers shifting their focus into higher returns available in the residential sector. There has been very little direct sales evidence in the LGA, however sales evidence drawn from larger adjoining industrial areas suggest the industrial property market is gradually moving away from the inner city/inner west industrial areas to the outer suburbs of Sydney and as a result the overall volume of industrial property in the Canada Bay LGA is reducing. The market for industrial land and well positioned improved developments has generally remains static over the preceding year. On the whole, sales activity in the Industrial market has continued to be relatively sluggish in 2014 - 2015, with an undersupply of properties An industrial site at 19 Leeds St, Rhodes sold for $2,000,000 in April 2014 with a six month settlement, to date this properties does not have a Development Applications lodged and sits within a General Industrial Zone.



7.0 MARKET COMMENTARY (Continued)

Sale and Resales within Canada Bay LGA & adjoining districts between 2014 & 2015 11 Fremont St, Concord West Sold 08/02/14 $1,315,000 Resold 28/03/15 $1,704,000 Shows 29.6% increase

15 Nicholas Ave, Concord Sold 18/08/14 $1,170,000 Resold 06/12/14 $1,365,000 Shows 16.7% increase

11 Arthur St, Rodd Point Sold 20/12/14 $1,400,000 Resold 03/05/15 $1,580,000 Shows 12.9% increase

72 Gipps St, Drummoyne Sold 24/05/14 $937,000 Resold 18/12/14 $1,235,000 Shows 31.8% increase

26 Henley St, Drummoyne Sold 17/03/14 $1,300,000 Resold 18/04/15 $1,430,000 Shows 10.0% increase

3 Innes St, Five Dock Sold 12/06/14 $1,660,000 Resold 20/04/15 $1,750,000 Shows 5.4% increase

21 Mooculta St, Russell Lea Sold 15/02/14 $1,660,000 Resold 04/05/15 $2,280,000 Shows 37.3% increase

64 Roseby St, Drummoyne Sold 08/03/14 $1,000,000 Resold 08/10/14 $1,060,000 Shows 6.0% increase 1 The Esplanade, Drummoyne Sold 13/02/14 $1,800,000 Resold 29/09/14 $1,900,000 Shows 5.6% increase 23 Thompson St, Drummoyne Sold 17/05/14 $2,490,000 Resold 30/08/14 $2,560,000 Shows 2.8% increase

This result indicates the change in market over a 12-18 month period, but does not reflect if this change was uniform over this time. This result indicates a general upward trend in certain components while a relatively unchanged market in others for residential property as reflected by these ten (10) improved sales. The market consensus as to the movement in the residential market is fairly uniform for residential property. Our own sales analysis supported by broader statistics has revealed that the residential market over the 12 month reporting year has increased overall to base date 1/7/2015. Incremental market changes over the period by monthly intervals is harder to interpret from the evidence, other than to infer generally, that in the early part of the reporting year increases were lower than the 2nd half of the year when falls in official interest rates increased the level of growth.



8.0 LOCAL GOVERNMENT VALUATION MARKET INFORMATION: The previous Local Government Valuation Base Date was for Base Date 1st July 2012. The demand for high density units and medium density sites and the finished product itself continues to be strong. Rises in residential rentals, mostly fuelled by housing affordability and the abolishment of stamp duty exemption for first home buyer on purchases of existing homes from 1st January 2012 onwards; is believed to be underpinning this demand. The continuing low interest rates have been a key driver for both the local and overseas investor-led demand for inner city apartments and single residential dwelling. It appears developers remain positive about long term prospects with the continuing high level of buyer demand for new stock in the unit market.

There have been a number of significant developments and proposed developments in the Canada Bay LGA from Base Date 1st July 2015 which include:

• The redevelopment of Strathfield Triangle – as part of this redevelopment a number of large redevelopment sites have been completed on Parramatta Rd and Hilts Rd.

• The continuing redevelopments of Breakfast Point and the Rhodes Peninsula

• Approval of Homebush Bay Bridge in March 2013 - the bridge will link Rhodes peninsula to Wentworth Point, will carry buses, cyclists, pedestrians and emergency vehicles. Private vehicles and cars will not be permitted.

• Kendall Bay Sediment Remediation Project

• Five Dock revitalisation programme

• WestConnex Project - WestConnex Stage 1 (M4 Widening and M4 East) from Parramatta to Haberfield will have the biggest impact on the Canada Bay community. Stage 1 will widen the M4 Motorway from Church Street, Parramatta to Homebush Bay Drive, Homebush, and extend the M4 via tunnels from Homebush to the City West Link/Parramatta Road at Haberfield. The extension has the potential to ease the bottleneck at the end of the M4, saving travel time for motorists and removing cars from our local streets.

The main sales of interest that have occurred since the last Local Government Base Date are: Commercial/Retail

• 195 Victoria Rd, Drummoyne Sold 19/10/2012 $10.999.990 550.1m *Sold as an operating pub

• 191 Victoria Rd, Drummoyne Sold 14/12/2012 $2,350,000 430m • 15 George St, North Strathfield Sold 24/07/2013 $12,325,000 4,852m • 4-8 Ramsay Rd, Five Dock Sold 14/03/2014 $2,640,000 1,393.5m • 405 Concord Rd, Concord Sold 31/03/2014 $2,250,000 480.6m • 414-416 Lyons Rd, Five Dock Sold 20/08/2014 $1,540,000 613m • 23 Marquet St, Rhodes Sold 28/08/2014 $4,500,000 2,037m



8.0 LOCAL GOVERNMENT VALUATION MARKET INFORMATION (Continued)

• 118-128 Tennyson Rd, Mortlake Sold 13/09/2014 $6,100,000 1,998m • 19A Roseby St, Drummoyne Sold 08/10/2014 $310,000,000 4.184H

*Sale of Birkenhead Shopping Centre and other associated structures • 121-123 Great North Rd, Five Dock Sold 11/11/2014 $3,535,000 458.8m • 181 First Ave, Five Dock Sold 12/06/2015 $6,402,000 860m

• 12 Walker St, Rhodes Sold 08/09/2015 $1,960,000 687.4m • 14 Walker St, Rhodes Sold 22/10/2012 $2,800,000 682.4m • 16 Walker St, Rhodes Sold 21/09/2012 $1,700,000 67809m

*DA Lodged 12/03/2014 for 4-8 Ramsay Rd, Five Dock to demolition/retention/conversion and use of entire site as child care centre for 90 children. DA approved 05/08/2014 *DA Lodged 04/08/2014 for 15 George St, Strathfield for the use of part of the site as a primary school for up to 120 children in Kindergarten to Year 2. *DA Lodged 07/11/2014 for 414-416 Lyons Rd, Five Dock to demolition/construction of shop top housing to include 3 ground floor tenancies, 7 residential units, over basement parking. Decision is currently pending. *DA lodged 11/06/2015 against 16 Walker St for construction of a 7 storey mixed use development. Decision is currently pending

Enterprise Corridor:

• 49 Parramatta Rd, Concord Sold 06/06/2013 $12,500,000 2,262m • 2A Parramatta Rd, Strathfield Sold 23/07/2013 $3,150,000 393.4m • 77-79 Parramatta Rd, Concord Sold 10/04/2014 $4,200,000 2,339.7m • 61 Parramatta Rd, Five Dock Sold 06/11/2014 $24,500,000 8,662.3m • 57 Manson Rd, Strathfield Sold 07/11/2014 $3,300,000 523m • 129-131 Parramatta Rd, Concord Sold 28/04/2015 $4,100,000 562.8m • 1G Homebush Bay Dr, Rhodes Sold 08/05/2015 $71,000,000 3.40H

*31/12/2012 DA lodged for 2A Parramatta Rd, Strathfield to construction of mixed use building – 26 res units, 2 commercial over basement parking. Approved 16/10/2013 *23/01/2015 DA Approved for 129-131 Parramatta Rd, Concord to demolish exiting 2 shops and construct 15 residential units and 77m of commercial space.

Industrial:

• 5 Averill St, Rhodes Sold 16/09/2013 $2,310,000 1,372m • 12 Leeds St, Rhodes Sold 23/08/2013 $1,725,000 1,288m • 14 Leeds St, Rhodes Sold 23/08/2013 $2,025,000 1,306m • 147 Parramatta Rd, Five Dock Sold 19/11/2013 $5,500,000 2,573m • 19 Leeds St, Rhodes Sold 23/04/2014 $2,000,000 1,208m • 19-21 Regatta Rd, Five Dock Sold 15/10/2014 $2,950,000 1,186m



8.0 LOCAL GOVERNMENT VALUATION MARKET INFORMATION (Continued) Medium Density – Residential:

• 2 Teviot Ave, Abbotsford Sold 11/10/2012 $4,450,000 1,492m • 8-20 Hilly St, Mortlake Sold 20/06/2013 2.94 H • 29 Hilly St, Mortlake Sold 15/04/2015 $2,200,000 • 186 Great North Rd, Five Dock Sold 17/04/2015 $18,750,000 8,828m

*DA Lodged 31/7/2012 for 2 Teviot Ave, Abbotsford to demolish existing dwelling and construct 6 units over 4 levels with 19 car parking levels. Approved L&E Court 08/03/2013 *DA Lodged by Purchaser on 20/12/2013 for 8-20 Hilly St, Mortlake to demolish the improvements on 8-20 Hilly, 1a, 1b, & 1 Northcote, 21-31 Edwin St, 1-9, 15 & 20 Bennett St, Mortlake & construct 15 bldgs over 3 sites containing 430 units.

8.1 MARKET COMMENTARY:

Sales analysed by category: 2012-2013 2013-2014 2014-2015 TOTAL Residential 174 228 191 593 Commercial 33 46 37 116 Industrial 7 8 2 17

Residential: The residential market within the Canada Bay Local Government Area over the past three years from Base Date 01/07/2012 to 01/07/2015 has increased strongly across most components, however some components have performed better than others. Single residential sites in Concord West showed the highest increase of 83.6%, as well as Medium Density sites (zoned single residential) Concord West which showed an increase of 66.5%. The components Concord North and Mortlake, Cabarita, Concord East moved within a band of 56% and 67.2%, whilst Concord Central showed a slightly lower increase of 48.9%. One of the explanations for strong growth in these components could be a result of the demand for larger sights which are capable of dual occupancy. Single residential sites in Rhodes and Breakfast Point showed a steady increase moving in a band of 36.2 to 37.6%. In Drummoyne single residential components East and West of Victoria Road and Secondary Suburbs increased in a band 54.6% to 55.4%. Waterfront sites overall showed the least increase moving in a band of 26-30%; whilst Water View sites showed an increase of 43.7%. Overall single residential and Medium Density zoned single residential components have all increased strongly over the past three years from Base Date 01/07/2012 to 01/07/2015.

Commercial/Retail: The commercial and the retail markets within the Canada Bay Local Government Area over the past three years form Base Date 01/07/2012 to 01/07/2015 showed a steady increase across all components. Mixed Use sites showed the strongest increases moving within a band of 20.4% to 74.3%, with the exception of Mixed Use sites Zoned Residential which increased by 184.6%, sales evidence for these sites were in Marquet and Walker Streets Rhodes, where sites were most purchased by developers. Components within Neighbourhood Centres showed a strong increase, moving within a band of 48% to 58.6%.



8.1 MARKET COMMENTARY: (Continued) Business sites along main roads showed a strong increase of 11.2%, in particular along Parramatta Road. Overall commercial and retail components increased steadily over the past three years form Base Date 01/07/2012 to 01/07/2015.

Industrial: Overall the Industrial markets within the Canada Bay Local Government Area over the past three years from Base Date 01/07/2012 to 021/07/2015 has remained relatively flat in line with other inner city/inner west industrial properties. This trend can be explained by the reduction in the overall volume of industrial property particularly in the Canada Bay LGA. The Industrial market in the Canada Bay area lacked enough sales evidence in some property groupings to be able to clearly define a decisive trend in value levels. It appears the demand for high density units and medium density sites and the finished product itself continues to be strong. The current low interest rates and the relatively stable political and financial environment make this market attractive for both local and overseas investors.

8.2 VERIFICATION: The Verification and Handcrafting in Canada Bay LGA since the last Local Government Base Date 01/07/2012 included but was not limited to:

• Residential Components: o ECC, ESS, EQD, ECD, ESD, EKD, RGD, EKK – all properties within these

components were verified. o FAA (69%), FDD (50%), FEE (62%), RGG (94%), RVV (52%), RWW (30%),

EDD (25%), RHH 75%, EAD (49%), RFD (22%), EDB (83%), LER (45%) – several properties within these component were verified.

• Business Components: o SSS, CVM, SFF, SXX, SBB – all properties within these components were

verified. o CCC (70%), CVN (92%), SGG (32%), SLL (30%), FBB (69%), CAA (93%),

SVV (90%), LBR (81%), LAR (55%), SBP (80%), DRR (80%), ECF (50%) – several properties within these components were verified.

• Industrial Components: o DAA – all properties within this component were verified. o DLL (77%), DPP (67%), DSS (62%), DWW (60%), DZZ (71%) – several

properties within these components were verified.

• All Other Components: o KGG, JRR – all properties within this component were verified. o KPP (26%), KPR (60%), JCC (50%), JEE (37%), JUU (23%), LMM (27%),

LXX (33%) – several properties within these components were verified.



9.0 MANAGEMENT OF COMPONENTS, HANDCRAFTING & VERIFICATION

Sales analysis undertaken for the 2015 revaluation program revealed several anomalies in value levels that mass valuation techniques alone could not rectify. Handcrafting, of either individual property or by the use of secondary factors was required to realign several components or part components. Verification and Handcrafting in the Canada Bay LGA for the 2015 program included but was not limited to:

• Component RVV – 47% of properties within this component were verified.

• Component EQD – All properties within this component were verified.

• Component ECD – All properties within this component were verified.

• Component ESD – All properties within this component were verified.

• Component EKD – All properties within this component were verified

• Component RGD – All properties within this component were verified

• Commercial property in Component SFF & SBB as well as other commercial lands where required were also verified.

• Low density parcels in North Strathfield and Concord West were verified and handcrafted

in line with available sales evidence and where necessary regraded and re-componentised.

Verification Program 2016 (to be determined by consensus with District Valuer)

• Review all commercial property within all zones and regroup where necessary into small retail sites and sites possible of mixed use redevelopment.

• Investigate the worthiness and suitability of some smaller components such as the Five Dock RSS component into several suburb based smaller components.

• Verification of some Residential Components following consultation with Contract Manager.



10.0 QUALITY ASSURANCE

In accordance with Southern Alliance Valuation Services Pty Ltd own internal QA manual and the Office of the Valuer General Guidelines, the following quality checks have been made in the delivery of this program: • Ensuring all properties have been valued. • Ensuring the valuations are within the set parameters. • That a zone/component code integrity check has been made. • An in depth value check on those properties that have considerably higher values in relation to

the average for land. • Ensure that current and proposed Development Control Plans and planning changes that affect

the valuations have been taken into account. • Where the land value of a property has been amended on objection, the alignment of values

with nearby properties has been checked. • That all Statutory concession valuations and allowances have been supplied, including -

Allowances for development on and off the land. Heritage Values. Land Rating Factors. Apportionment of Values. Mixed Development Apportionment Factors.

The following statistical checks have been carried out for residential zoned properties. Coefficient of Dispersion (COD)

This measures the relative consistency and, when viewed with the other measures, the relative accuracy of values in relation to the sales. It shows the amount of variation or the consistency of the values and also the relative accuracy of the values as the relationship between values and sales widens.

The accepted measure for the COD is 0 – 15.

Mean Value to Price Ratio (MVP)

This calculates the mean relative accuracy, or level of values, relative to the sales. It shows the mean level of accuracy of the values assigned compared to the sales evidence. The MVP is to be calculated only in single dwelling residential categories, including rural home site areas.

The accepted measure for the MVP is 85-100%. Price Related Differential (PRD)

This test measures the progressive value to sale relativity across the range of values in the sample. It demonstrates the variations of relativity between the sales and the assigned values and indicates if there is a progressive change in relativity across the value range.

The accepted measure for the PRD is 0.98 – 1.03.

The results, from all sales analysed and classified as market data sales are appended to this report.



Purpose of this Report

The purpose of this report is to describe the process and considerations for the 1st July 2015 General Valuation of Canada Bay Local Government Area. The report has been produced on behalf of the Valuer General. The land values have been specifically made for rating and taxing purposes. Land values produced as part of this process should not be used for any other purpose without the specific agreement of the Valuer General. Land values must have regard to specific requirements and assumptions in rating and taxing legislation. Consequently these valuations may vary from market levels. The land values were made using a mass valuation process that involves assessing large numbers of properties as a group. While valuations have been prepared with all due care, mass valuations are, by their nature, likely to be less accurate than individually assessed valuations. Town planning, land use and other market information contained in this report has been compiled based on enquiries undertaken during the valuation process. Third parties should make their own inquiries into these details and should not rely on the contents of this report. The Valuer General disclaims any liability to any person who acts or omits to act on the basis of the information contained in this report. More information on the valuation process is available from the Department of Lands website at www.lands.nsw.gov.au

George Veris Burwood Area Manager Southern Alliance Valuation Services Pty Ltd



District 139 – Canada Bay LGA 2015 Component Variation of Total Land Values – Residential

Between 2012 to 2015 & 2014 to 2015

District 139 – Canada Bay LGA 2015 Component Variation of Land Values – Residential (Other)

Between 2012 to 2015 & 2014 to 2015



District 139 – Canada Bay LGA 2015 Component Variation of Total Land Values – Business

2012 to 2015 & 2014 to 2015

District – Canada Bay LGA 2015 Component Variation of Total Land Values – Industrial

2012 to 2015 & 2014 to 2015



District – Canada Bay LGA 2015 Component Variation of Total Land Values – Miscellaneous

Between 2012 to 2015 & 2014 to 2015


Canada Bay Final Report 2015 ANNEXURE ‘A’: CANADA BAY DA REGISTER

PID Zone ADDRESS DA NO. LODGED DATE

DECISION DATE

DETAILS COMMENTS

1452787 R2 148 George St, North Strathfield DA 242/2014 2/07/2014 Approved

24/09/14 Construction of new 2 storey dwelling and new secondary dwelling within the rear yard.

Sold 09/11/2013 $1,165,000

1453397 R2 70 Iandra S,t Concord DA 243/2014 2/07/2014 Approved 24/10/2014

Construction of a secondary dwelling within the rear yard.

Sold 04/04/2014 $1,060,000

1902363 R2 373 Great North Rd, Wareemba DA 262/2014 14/07/2014 Withdrawn

22/07/2014 Removal of existing garage and construction of a 2 storey secondary dwelling within the rear yard.

1449957 R2 5 Churchill Cr, Concord DA 273/2014 21/07/2014 Approved 24/02/2015

Demolition of existing dwelling and construction of 2 storey attached dual occupancy with subdivision.

Sold 27/04/2013 $950,000

1456768 R3 4 Swan Ave, Strathfield DA 278/2014 22/07/2014 APPROVED 28/11/2014

Construction of a secondary dwelling to rear and new carport.

1455196 R2 23 Napier St, North Strathfield DA 280/2014 24/07/2014 Approved

17/12/2014

Demolition of existing dwelling and construction of new 2 storey attached dual occupancy with strata subdivision.

Sold 21/09/2013 $1,301,000

1450658 R3 88 Concord Rd, North Strathfield DA 296/2014 6/08/2014 Pending Demolition of existing structures and construction of

8 townhouses with basement car parking.

Sold 29/05/2014 $1,095,000 ANALYSED

1456734 R3 11 Stuart St, Concord West DA 297/2014 6/08/2014 Pending Demolition of existing dwelling and new 3 storey

Boarding House

27-29 George St, North Strathfield DA 299/2014 7/08/2014 Conversion of existing commercial tenancies in blocks

A, B and C into 15 ground floor residential units.

1905130 R2 413 Lyons Rd, Five Dock DA 289/2014 1/08/2014 Approved 22/04/2015

Demolition of existing dwelling and construction of a new 2 storey attached dual occupancy.

Sold 02/10/2013 $1,283,000

3779444 B4 15 George St, Strathfield DA 290/2014 4/08/2014 Pending Use of part of the site as a primary school for up to 120 children in Kindergarten to Year 2.

Sold 24/07/14 $12,325,000

1910320 R2 378 Victoria Pl, Drummoyne DA 291/2014 5/08/2014 WITHDRAWN

20/11/2014

Demolition of existing structures and construction of a new 3 storey residential flat building containing 3 dwellings.

1452274 R2 23 Gale St, Concord DA 302/2014 11/08/2014 Approved 21/10/2014

Demolition of existing structures and construction of new 2 storey attached dual occupancy

Sold 10/03/2014 $1,230,000




DECISION DATE

DETAILS COMMENTS

1903600 R2 69 Henry St, Five Dock DA 307/2014 13/08/2014 Approved 22/10/2014

Subdivision of existing allotments into 2 Torrens Title lots.

Sold 07/07/2014 $2,055,000

1453290 R1 29 Hilly St, Mortlake DA 293/2014 5/08/2014 Approved 20/10/2014

Demolition of existing factory and construction of 2x4 storey residential flat buildings each with 2x1 bedroom units and 3x2 bedroom units over basement car parking.

SOLD 15/04/2015 $2,200,000

1457519 R3 107 Wellbank St, North Strathfield DA 314/2014 20/08/2014 Approved

16/04/2015

Demolition of existing dwelling and construction of 3 x 2 storey townhouses with basement car parking and strata subdivision.

Sold 02/11/2012 $1,000,000

1449388 R2 6 Cabarita Rd, Concord DA 319/2014 21/08/2014 APPROVED 21/08/214

Demolition of existing dwelling and construction of new 2 storey attached dual occupancy with strata subdivision.

1906176 R2 21 Moorculta St, Russell Lea DA 346/2014 2/09/2014 Pending Demolition of existing dwelling and construction of 2

storey attached dual occupancy. Sold 31/03/2014

$1,660,000

3587696 R3 19-21 Tennyson Rd, Breakfast Point DA 350/2014 4/09/2014 Approved

04/12/2014

Subdivision to create 6 Torrens Title lots, construction of 6 storey apartment building comprising 70 apartments with basement parking and strata subdivision.

3587696 R3 19-21 Tennyson Rd,

Breakfast Point Lot 91 DP 270347

DA 441/2014 5/11/2014 Approved 30/04/2015

Construction of a six storey unit building comprising 101 apartments with basement parking and strata subdivision.

1452783 R2 154A George St, North Strathfield DA 359/2014 9/09/2014 Approved

21/04/2014

New single storey detached dual occupancy dwelling, new double storey garage with studio and double carport and new single garage to rear of existing dwelling.

1450102 R2 25 Coles St, Concord DA 366/2014 12/09/2014 Rejected 17/09/2014

Demolition of existing dwelling and new dual occupancy and subdivision

1451757 R2 20 Elliott St, North Strathfield DA 338/2014 29/09/2014 APPROVED

27/11/2014 Construction of a secondary dwelling within rear yard.

2457245 R3 16 Victoria Ave, Concord West DA 370/2014 16/09/2014 Approved

03/10/2014 Strata subdivision into 2 lots.1457245245

1900871 R2 2 Feilberg Pl, Abbotsford DA374/2014 18/09/2014 Approved 27/02/2015

Demolition of existing dwelling, subdivision of site into 2 allotments and attached dual occupancy on each allotment.

Sold 08/08/2014 $2,000,000




DECISION DATE

DETAILS COMMENTS

1897295 R2 31 Arthur St, Rodd Point DA 385/2014 26/09/2014 Approved 07/10/2014 Strata subdivision of approved dual occupancy

1454419 R1 3 McDonald St, Mortlake DA 384/2014 29/09/2014 Approved

29/05/2015

Demolition of existing structures on site and construction f a new 4 storey mixed use building comprising childcare and 5 residential apartments.

Sold 13/05/2014 $1,242,000

1454418 R1 5 McDonald St, Mortlake Sold 13/05/2014 $1,104,000 1454417 R1 9 McDonald St, Mortlake

1455457 R1 1 Northcote St, Mortlake DA 513/2013 20/12/2013 APPROVED 06/11/2014

Construction of 15 residential flat buildings comprising 140 x 1 bedroom, 242 x 2 bedrooms and 48 x 3 bedroom apartments with basement parking for 748 spaces. Various public domain works and provision of open space.

Sold 20/06/2013 $6,075,000

1910817 B4 162-166 Victoria Rd, Drummoyne DA 206/2014 3/06/2014 APPROVED

18/11/2014

Demolition of existing structures and construction of new mixed use building comprising 2 levels of basement parking, 3 ground floor retail tenancies(inc a café) and 17 residential units.

1452145 R2 16 Frederick St, Concord DA 427/2014 24/10/2014 APPROVED 25/05/2015

Demolition of existing dwelling and construction of 2 storey attached dual occupancy.

SOLD 10/06/2014 $1,335,000

1450102 R2 25 Coles St, Concord DA 437/2014 3/11/2014 Approved 27/02/2015

Demolition of existing structure and construction of attached dual occupancy with strata subdivision.

1448879 R2 237 Burwood Rd, Concord DA 440/2014 1/11/2014 Approved

13/10/2015 Demolition of existing structures and construction of a 2 storey attached dual occupancy.

Sold 04/04/2014 $600,000

1897496 R2 13 Battersea St, Abbotsford DA 443/2014 5/11/2014 Approved

15/09/2015 Alterations and additions to existing dwelling to create an attached dual occupancy.

1454538 R2 173 Majors Bay Rd, Concord DA 446/2014 6/11/2014 Approved

17/09/2015

Demolition of existing structures and construction of new single storey building with basement car parking for use as a childcare centre.

Sold 14/02/2014 $1,465,000

1905081 B1 414-416 Lyons Rd, Five Dock DA 447/2014 7/11/2014 Pending

Demolition of existing structures and construction of a shop top housing development comprising 3 ground floor commercial tenancies, 7 residential units above and basement parking.

Sold 20/08/2012 $1,540,000




DECISION DATE

DETAILS COMMENTS

1905909 R2 17 Millar St, Drummoyne DA 459/2014 17/11/2014 Approved 26/03/2015

Substantial alterations and additions to existing building and use of the site as a residential aged care facility providing care for 161 persons with basement parking for 75 vehicles.

1450492 B1 424 Concord Rd, Rhodes DA 479/2014 27/11/2014 Pending

Demolition of existing structures and construction of a new 4 storey mixed use building comprising of a boarding house with 27 rooms, café at ground floor , basement services level and roof terrace.

SOLD 25/04/2014 $1,800,000

1449817 R3 4 Cavendish St, Concord West

DA 0497/2014 15/12/2014 Approved 29/04/2015

Demolition of existing dwelling and construction of new multi dwelling housing development comprising 14 dwellings (townhouses) with basement parking

SOLD 03/10/2014 $900,000


SOLD 03/10/2014 $1,900,000


SOLD 03/10/2014 $1,900,000


SOLD 03/10/2014 $1,350,000

1452828 R2 64 George St, North Strathfield DA 0498/2014 15/12/2014 Approved

24/03/2015 Demolition of existing dwelling and construction of an attached dual occupancy with strata title subdivision

SOLD 12/04/2014 $1,206,500

1899779 R2 1 Cook Ave, Canada Bay DA 0514/2014 17/12/2014 Approved 19/06/2015

Demolition of existing structures and construction of a new two storey attached dual occupancy and strata subdivision

SOLD 21/07/2014 $1,250,000

1455324 R2 2 Nirranda St, Concord West DA 0004/2015 8/01/2015 Pending Demolition of existing dwelling and construction of

new two storey attached dual occupancy SOLD 07/12/2013

$1,065,000

1451055 R2 85 Correys Ave, Concord DA 0016/2015 19/01/2015 Approved 12/10/2015

Demolition of existing dwelling and construction of new two storey dwelling and secondary dwelling within rear yard

SOLD 01/03/2014 $1,285,000

1454534 R2 165 Majors Bay Rd, Concord DA2015/0052 24/02/2015 Approved

24/08/2015

Demolition of existing dwelling and construction of new 2 storey attached dual occupancy with in-ground pools to the rear and subdivision.

SOLD 15/05/2014 $1,550,000




DECISION DATE

DETAILS COMMENTS

1454602 B4 64 Majors Bay Rd, Concord DA2015/0086 18/03/2015 Pending

Demolition of existing structures and construction of a mixed use development comprising 30 residential units, basement car parking for 61 vehicles and associated landscaping.

1910327 R2 364 Victoria Place, Drummoyne DA2015/0077 17/03/2015 Pending

Demolition of existing dwelling, car mechanic repair building and site storage shed and construction of a new 5 storey, 9 unit residential flat building including in-ground pool and landscaping.

SOLD 30/09/2014 $4,640,000

1903722 R1 8 Hilly St, Mortlake DA2015/0062 5/03/2015 Pending

Construction of a residential flat building consisting of 64 dwellings with 11x1 bed, 50x2 bed and 3x3bed units over basement parking for 105 vehicles, public infrastructure upgrades and associated landscaping.

Sold 20/06/2013 $61,500,000

1450424 B1 375A Concord Rd, Concord West DA2015/0114 10/04/2015 Pending

Demolition of existing structures and construction of a four storey mixed use development comprised of ground floor commercial use and 16 residential units over three levels of basement car parking

1910874 B4 77-79 Victoria Road, Drummoyne DA2015/0105 7/04/2015 Pending

Demolition of all structures and construction of mixed use building of six storeys to Victoria Road and stepping down to two storeys to Formosa Street containing 164 dwellings, 509m of retail, 688m2 commercial space; basement parking for 314 vehicles

1454000 R2 60 Links Rd, Concord DA2015/0171 22/05/2015 Pending Demolition of existing dwelling and structures and construction of new two storey attached dual occupancy with strata subdivision

1453023 R2 27 Gloucester St, Concord DA2015/0170 21/05/2015 Pending

Demolition of existing structures and construction of a new two storey attached dual occupancy with strata subdivision

SOLD 09/02/2015 $1,481,000

1449686 R2 1A Cabarita Rd, Concord DA2015/0150 7/05/2015 Pending Demolition of existing dwelling and construction of new two storey attached dual occupancy and strata subdivision

1907356 B4 67 Ramsay Rd, Five Dock DA2015/0219 25/06/2015 Pending

Demolition of existing structures and construction of a four storey shop top housing development with basement car parking, ground floor retail premises and nine residential units

SOLD 28/10/2014 $1,260,000




DECISION DATE

DETAILS COMMENTS

1903555 R2 93 Henley Marine Drive, Russell Lea DA2015/0205 18/06/2015 Pending

Demolition of existing dwelling and construction of new two storey dwelling and demolition of fibro garage and alterations and additions to existing brick garage to create a secondary dwelling

1908240 R2 59 St Albans St, Abbotsford DA2015/0198 12/06/2015 Pending Construction of a new two storey attached dual

occupancy

1457392 B4 16 Walker St, Rhodes D2015/0191 11/06/2015 Pending

Demolition of existing structures and construction of a 7 storey mixed use development over basement parking for 19 vehicles and comprising ground floor tenancy and 4 x 1 bedroom and 10 x 2 bedroom units

SOLD 21/09/2012 $1,700,000

1457391 B4 14 Walker St, Rhodes DA was for 16 Walker St but could possibly include 12 & 14 Walker St.

SOLD 22/10/2013 $2,800,000

1457390 B4 12 Walker St, Rhodes SOLD 08/09/2015 $1,600,000

1903924 R2 8 Ingham Ave, Five Dock DA2015/0268 22/07/2015 Pending Construction of a secondary dwelling in rear yard adjoining approved garage

1450875 R2 13 Corby Ave, Concord DA2015/0259 20/07/2015 Pending

Alterations and additions including new first floor to existing dwelling and construction of a new two storey dwelling to rear to form a detached dual occupancy

SOLD 23/12/2014 $1,477,000

1899026 R2 44 Campbell St, Abbotsford DA2015/0235 3/07/2015 Pending

Demolition of all structures, Torrens Title Subdivision to create two lots, construct a new two-storey dwelling over basement parking on new allotment

1451320 R2 37 Currawang St, Concord DA2015/0234 2/07/2015 Pending Demolition of existing single storey dwelling and

construction of attached two-storey dual occupancy SOLD 24/02/2015

$1,490,000

1905405 B1 197 Lyons Rd, Drummoyne

DA2015/0297 10/08/2015 Pending

Demolition of existing structures and construction of a new mixed use development comprising 2 x ground floor cafes and parking with 15 residential units above

SOLD 17/06/2014 $1,300,000

1905403 B1 199 Lyons Rd, Drummoyne SOLD 13/06/2014

$1,175,000




DECISION DATE DETAILS COMMENTS

1898887 R2 52 Burns Cres, Chiswick DA2015/0331 28/08/2015 Approved 20/05/2015

Construction of a new attached dual occupancy and swimming pool and cabana at rear

3442495 R1 17B Tennyson Rd, Mortlake DA2015/0312 18/08/2015 Pending

Demolition of existing building and construction of a new three storey shop top housing development with basement parking

1907233 R2 134-136 Queens St, Concord DA2015/0308 14/08/2015 Pending Construction of a new secondary dwelling within rear

yard of site

1454226 R2 9 Lorraine St, North Strathfield DA2015/0304 11/08/2015 Pending

Demolition of existing dwelling and structures and construction of new two storey attached dual occupancy with subdivision

SOLD 25/05/2015 $1,730,000

1447874 R2 40 Archer St, Concord DA2015/0303 11/08/2015 Pending Demolition of existing dwelling and construction of an attached two storey dual occupancy and strata subdivision

SOLD 26/06/2015 $1,750,000

1905403 1905405 B1 197-199 Lyons Rd,

Drummoyne DA2015/0297 10/08/2015 Pending

Demolition of existing structures and construction of a new mixed use development comprising 2 x ground floor cafes and parking with 15 residential units above

#197 SOLD 17/06/2014 $1,300,000

#199 SOLD 13/06/2014 $1,175,000

1450530 R2 328 Concord Rd, Concord DA2015/0290 4/08/2015 Pending Demolition of existing dwelling and construction of

new two storey attached dual occupancy

1453098 R2 11 Harrison Ave, Concord West DA2015/0376 29/09/2015 Pending Construction of a new two storey attached dual

occupancy and strata subdivision

1898887 R2 52 Burns Cres, Chiswick DA2015/0372 24/09/2015 Pending

Demolition of existing structures and construction of a new attached two storey dual occupancy development with lower level parking and swimming pools to rear

1450613 R2 150 Concord Rd, North Strathfield DA2015/0365 18/09/2015 Pending Demolition of existing dwelling and construction of a

new two storey attached dual occupancy SOLD 27/07/2015

$1,700,000

Lot53 DP270347 R3 19-21 Tennyson Rd,

Breakfast Point DA2015/0364 17/09/2015 Pending Construction of four detached two storey dwellings, associated landscaping and Torrens Title subdivision

1898074 R2 9 Blackwall Point Rd, Chiswick DA2015/0359 15/09/2015 Pending

Demolition of existing dwelling and construction of a new two storey attached dual occupancy with basement and swimming pools to the rear

SOLD 10/07/2015 $2,515,000




DECISION DATE

DETAILS COMMENTS

1456904 R2 1 Tenterfield St, North Strathfield DA2015/0357 14/09/2015 Pending Construction of a new two storey attached dual

occupancy and strata subdivision SOLD 06/08/2015

$1,415,000

1454436 B4 21 Majors Bay Rd, Concord DA2015/0349 8/09/2015 Pending

Demolition of existing structures on-site and construction of a new three storey mixed use building comprising ground floor commercial unit and a boarding house with basement parking

1450777 R2 16 Consett St, Concord West DA2015/0343 4/09/2015 Pending

Demolition of existing dwelling and construction of a new two storey attached dual occupancy with strata subdivision

SOLD 10/08/2015 $1,795,000

1455523 B6 77-79 Parramatta Rd,

Concord 4 Melbourne St, Concord

DA2015/0335 1/09/2015 Pending

Demolition of existing structure on-site and construction of a new two storey building comprising ground floor, warehouse and showroom and first floor office with access and car parking from No. 4 Melbourne Street

SOLD 10/04/2014 $2,000,000

1910815 B4 170 Victoria Rd, Drummoyne DA2015/0402 12/10/2015 Rejected

15/10/2015

Retention of existing façade in heritage conservation area and construction of a residential apartments to the rear.

SOLD 18/10/2012 $800,000

1901210 R3 27 Fitzroy St, Abbotsford DA2015/0400 9/10/2015 Pending Demolition of existing dwelling and construction of an attached dual occupancy with strata subdivision

SOLD 31/05/2015 $1,410,000

1908876 R3 27 St Georges Cres, Drummoyne DA2015/0390 6/10/2015 Pending

Demolition of existing dwelling and construction of a three storey residential flat building with basement car parking

SOLD 20/08/2015 $3,750,000


Sales SummaryProp ID: Map

Ref:Property Address, Legal

Description and Land Dimensions:Area Comments:LGA: Zone: Analysed LV:

District: Zone: Component: Date: 01-Jan-14 to: 23-Nov-15 Benchmark Sales

Contract: Transfer:

Purch. Price: GST Paid: $ / m2

$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:

Comp:Sale Code: Density: Units:

Unit Type: Strata Lot:Area Unit

Dealing No.0 129 - 131 PARRAMATTA RD

CONCORD 2137 1 & 2/501674 / X /

562.8000 28-Apr-15 $4,100,000 0.00 Improved sale comprising two attached 2 storey shops/residences. Sold in-one-line with DA approveal for a mixed use development. Side lane access to rear.

28-Jul-15B6

CVP139 $2,780,000 $2,780,000 $0

$4,940 $4,940 $0 0.00No$173,750 $173,750 $0

35

Square MetresBV 16M

AJ702272

0 26A-28 PARNELL ST STRATHFIELD 2135 13/82794 10/82331 30.48 / 30.48 X 38.34 / 38.34

1,144.5000 14-Apr-14 $7,600,000 0.0016-Jul-14

B4CVM

139 $4,550,000 $4,550,000 $0$3,976 $3,976 $0 0.00No

$4,550,000 $4,550,000 $0

1144

Square MetresAM 1M

AI743134

0 VALMAP 53 DORKING RD CABARITA 2137 2/1094290 13.44 / 13.44 X 64.68 / 64.26

913.4000 18-Jul-15 $4,700,000 0.0021-Aug-15

R2EWW

139 $3,160,000 $3,160,000 $0$3,460 $3,460 $0 0.00No

$3,160,000 $3,160,000 $0

913

Square MetresAC 1M

AJ698852

0 77-79 PARRAMATTA RD CONCORD 2137 D/369093 4/544628 B/369093 61.67 / X 17.91 / 39.32

2,339.7000 10-Apr-14 $4,200,000 0.0006-Jun-14

B6CVP

139 $3,595,000 $3,595,000 $0$1,537 $1,537 $0 0.00No

$156,304 $156,304 $0

102

Mixed Dev. UnitsAD 23M

AI673918

0 17 PARRAMATTA RD HOMEBUSH 2140 81/870786 3/1002876 / X /

6,258.7998 03-May-14 $13,800,000 0.0017-Jul-14

B4CVM

139 $10,400,000 $10,400,000 $0$1,662 $1,662 $0 0.00No

$10,400,000 $10,400,000 $0

6259

Square MetresBS 1M

AI745046

0 137 - 139 BURWOOD RD CROYDON PARK 2134 10/6903 1/981775 26.5 / 26.5 X 70.38 / 70.8

1,922.5000 17-Oct-14 $3,500,000 0.00 Sale of two adjoining properties for redevelopment into townhouses. Large regular shaped parcel. Land slopes down to rear. Surrounding development a mix of single and medium density devo. Busy road.

28-Nov-14R3

EDD139 $3,500,000 $3,500,000 $0

$1,821 $1,821 $0 0.00No$350,000 $350,000 $0

192

Square MetresAD 10M

AJ100768

0 7 - 11 BAYARD ST MORTLAKE 2137 7-9/3/1790 / X /

1,056.0000 27-Mar-14 $3,220,000 0.00 Vacant irregular shaped site with 2nd strett frontage to Bertram Lane. Three separate parcels sold in one line as a redevelopment site. Land adjoins mostly single dwelling development. Area underdoing rejuvenation.

24-Oct-14R1

FEE139 $3,220,000 $3,220,000 $0

$3,049 $3,049 $0 0.00No$322,000 $322,000 $0

106

Square MetresAD 10M

AI991596

0 121 - 123 GREAT NORTH RD FIVE DOCK 2046 101, 102/788606 / X /

458.8000 11-Nov-14 $3,535,000 0.00 Sold to family company interests per advertisement.05-Apr-14

B4CVM

139 $2,600,000 $2,800,000 $0$5,667 $6,103 $0 0.00No

$162,500 $175,000 $0

29

Square MetresBV 16M

AJ432569

0 118 - 128 TENNYSON RD MORTLAKE 2137 1/78779 1,2/18575 1/555126 1/744778 / X /

1,998.4000 13-Sep-14 $6,100,000 0.0020-Mar-15

R1FEE

139 $6,100,000 $6,100,000 $0$3,052 $3,052 $0 0.00No

$277,273 $277,273 $0

91

Square MetresAD 22M

AJ375960

Date Printed: 23-Nov-15Page 1

The information contained in this report is confidential between SAVS , OVG NSW and DEPARTMENT OF LANDS NSW. Disclosure or misuse of this information may lead to legal action





Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1447727 VALMAP 18 ALEXANDRA ST CONCORD

2137 21/8664 16.76 / X 36.58 / 613.0800 07-Mar-15 $1,899,000 1.44

20-Apr-15R2

ESS139 $1,213,000 $1,213,000 $841,000

$1,979 $1,979 $1,372 1.44No$1,213,000 $1,213,000 $841,000

613

Square MetresAC 1M

AJ426880

1447824 VALMAP 16 ANDERSON RD CONCORD 2137 A/315236 10.16 / X 54.86 /

557.3800 07-Oct-14 $1,600,000 1.3402-Dec-14

R2EKK

139 $971,000 $971,000 $726,000$1,742 $1,742 $1,303 1.34No

$971,000 $971,000 $726,000

557

Square MetresAC 1M

AJ104050

1448032 11 BAYARD ST MORTLAKE 2137 9/3/1790 / X /

524.8000 27-Mar-14 $3,220,000 4.0524-Oct-14

R1FEE

139 $3,220,000 $3,220,000 $796,000$6,136 $6,136 $1,517 4.05No

$3,220,000 $3,220,000 $796,000

525

Square MetresAVO 1M

AI991596


240.3000 27-Mar-14 $3,220,000 7.1124-Oct-14

R1FAA

139 $3,220,000 $3,220,000 $453,000$13,400 $13,400 $1,885 7.11No

$3,220,000 $3,220,000 $453,000

240

Square MetresAVO 1M

AI991596


290.9000 27-Mar-14 $3,220,000 6.6824-Oct-14

R1FAA

139 $3,220,000 $3,220,000 $482,000$11,069 $11,069 $1,657 6.68No

$3,220,000 $3,220,000 $482,000

291

Square MetresAVO 1M

AI991596

1448050 VALMAP 2 BAYVIEW ST CONCORD 2137 1/369168 15.54 / 14.5 X 21.34 / 26.39

335.1000 15-Aug-15 $1,315,000 1.3928-Sep-15

R2EKK

139 $969,000 $969,000 $699,000$2,892 $2,892 $2,086 1.39No

$969,000 $969,000 $699,000

335

Square MetresAC 1M

AJ848817

1448159 5 BERTRAM ST MORTLAKE 2137 B/375648 1/921877 / X /

1,159.0000 04-Jun-15 $3,535,000 1.2816-Jul-15

R1FDD

139 $2,630,000 $2,630,000 $2,060,000$2,269 $2,269 $1,777 1.28No

$2,630,000 $2,630,000 $2,060,000

1159

Square MetresIW 1M

AJ798850

1448165 31 BERTRAM ST MORTLAKE 2137 21/533603 / X /

145.4000 28-Oct-14 $995,000 1.4521-Nov-14

R1FAA

139 $542,000 $542,000 $374,000$3,728 $3,728 $2,572 1.45No

$542,000 $542,000 $374,000

145

Square MetresAC 1M

AJ64906

1448236 49 BLAXLAND RD RHODES 2138 29/5923 19.05 / X 53.34 /

1,012.0000 20-Nov-14 $1,900,000 1.4228-Apr-15

R3EAD

139 $1,196,000 $1,396,000 $841,000$1,182 $1,379 $831 1.66No

$170,857 $199,429 $120,143

145

Square MetresAC 7M

AJ463475







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1448293 VALMAP 13 BORONIA ST CONCORD

WEST 2138 36/J/11871 13.72 / X 44.25 /

607.1100 22-Nov-14 $1,495,000 1.4421-Jan-15

R2ECC

139 $1,082,000 $1,082,000 $754,000$1,782 $1,782 $1,242 1.44No

$1,082,000 $1,082,000 $754,000

607

Square MetresAC 1M

AJ261677

1448382 62 BRAYS RD CONCORD 2137 153/7564 / X /

580.6400 22-Nov-14 $1,520,000 1.2730-Jan-15

R2EKK

139 $1,133,400 $1,133,400 $889,000$1,952 $1,952 $1,531 1.27No

$1,133,400 $1,133,400 $889,000

581

Square MetresAC 1M

AJ282196

1448414 8 BREWER AVE LIBERTY GROVE 2138 43/270137 9.49 / 9.49 X 26 / 26

246.6000 05-Jan-15 $1,200,000 1.3213-Feb-15

R3EQD

139 $817,350 $817,350 $619,000$3,314 $3,314 $2,510 1.32No

$817,350 $817,350 $619,000

247

Square MetresAC 1M

AJ277453

1448521 39 BROUGHTON ST CONCORD 2137 1/998301 15.24 / X 36.58 /

550.1000 21-Nov-14 $1,450,000 1.1616-Jan-15

R3ESD

139 $883,000 $933,000 $760,000$1,605 $1,696 $1,382 1.23No

$883,000 $933,000 $760,000

550

Square MetresAC 1M

AJ216366

1448534 VALMAP 31 BROUGHTON ST CONCORD 2137 1/942438 14.71 / 13.51 X 37.95 / 38

531.1000 26-May-15 $1,450,000 1.3107-Jul-15

R3ESD

139 $943,000 $943,000 $720,000$1,776 $1,776 $1,356 1.31No

$943,000 $943,000 $720,000

531

Square MetresAC 1M

AJ661436

1448586 VALMAP 8 BURKE ST CONCORD WEST 2138 18/940084 10.24 / 10.24 X 42.49 / 42.47

417.3000 07-Feb-15 $1,261,000 1.3516-Mar-15

R3ECD

139 $793,000 $793,000 $588,000$1,900 $1,900 $1,409 1.35No

$793,000 $793,000 $588,000

417

Square MetresAC 1M

AJ345293

1448644 12 BURTON ST CONCORD 2137 21/63018 15.24 / X 50.29 /

752.5000 11-Oct-14 $1,475,000 1.3409-Jan-15

R3EDD

139 $1,160,000 $1,160,000 $864,000$1,542 $1,542 $1,148 1.34No

$1,160,000 $1,160,000 $864,000

752

Square MetresAC 1M

AJ192402

1448820 VALMAP 119 BURWOOD RD CONCORD 2137 A/318404 12.24 / 12.06 X 45.39 / 42.77

543.0000 21-May-15 $1,400,000 1.3306-Jul-15

R2EKK

139 $934,000 $934,000 $704,000$1,720 $1,720 $1,297 1.33No

$934,000 $934,000 $704,000

543

Square MetresAC 1M

AJ644986

1448826 VALMAP 131 BURWOOD RD CONCORD 2137 1/9583 14.07 / 12.98 X 46.61 / 46.38

613.4000 31-Oct-14 $1,440,000 1.2908-Dec-14

R2EKK

139 $1,034,000 $1,034,000 $799,000$1,686 $1,686 $1,303 1.29No

$1,034,000 $1,034,000 $799,000

613

Square MetresAC 1M

AJ164932







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1449349 68 BURWOOD RD CONCORD

2137 2/547387 12.5 / X 25.43 / 317.8800 01-Nov-14 $930,000 1.19

28-Jan-15R3

ESD139 $689,950 $739,950 $580,000

$2,170 $2,328 $1,825 1.28No$689,950 $739,950 $580,000

318

Square MetresAC 1M

AJ240784

1449381 10 BURWOOD RD CONCORD 2137 B/383382 6.35 / X 34.14 /

215.0000 27-May-15 $1,050,000 1.3612-Aug-15

B6SBP

139 $575,000 $575,000 $423,000$2,674 $2,674 $1,967 1.36No

$575,000 $575,000 $423,000

215

Square MetresBA 1M

AJ768159

1449397 24 CABARITA RD CONCORD 2137 8/15572 6.1 / X 29.41 /

179.4000 09-Apr-14 $1,171,000 1.2011-Jun-14

B1SSS

139 $615,000 $690,000 $512,000$3,428 $3,846 $2,854 1.35No

$615,000 $690,000 $512,000

179

Square MetresBS 1M

AI699939

1449621 VALMAP 123 CABARITA RD CABARITA 2137 90/5167 12.19 / 12.19 X 51.66 / 50.06

619.7000 06-Jan-15 $1,610,000 1.2917-Feb-15

R2EKK

139 $1,197,400 $1,197,400 $930,000$1,932 $1,932 $1,501 1.29No

$1,197,400 $1,197,400 $930,000

620

Square MetresAC 1M

AJ286448

1449710 VALMAP 34 CARRINGTON ST NORTH STRATHFIELD 2137 101/4/1835 9.14 / X 36.58 /

322.5000 20-Dec-14 $935,000 1.2202-Mar-15

R3ESD

139 $653,000 $653,000 $534,000$2,025 $2,025 $1,656 1.22No

$653,000 $653,000 $534,000

322

Square MetresAC 1M

AJ431586

1450053 VALMAP 17 COLANE ST CONCORD WEST 2138 24/H/10188 13.72 / X 44.2 /

606.4200 14-Mar-15 $1,665,000 1.5327-Apr-15

R2ECC

139 $1,156,000 $1,156,000 $754,000$1,906 $1,906 $1,243 1.53No

$1,156,000 $1,156,000 $754,000

606

Square MetresAC 1M

AJ445753

1450155 4 COLLINGWOOD AVE CABARITA 2137 23/14206 / X

556.4000 13-Dec-14 $2,070,000 1.2709-Feb-15

R2EKK

139 $1,407,620 $1,407,620 $1,110,000$2,530 $2,530 $1,995 1.27No

$1,407,620 $1,407,620 $1,110,000

556

Square MetresAC 1M

AJ270470

1450207 VALMAP 101 CONCORD RD CONCORD 2137 3/34203 16.76 / X 42.67 /

715.1500 16-Apr-15 $1,325,000 1.3428-May-15

R2ESS

139 $782,000 $782,000 $584,000$1,093 $1,093 $817 1.34No

$782,000 $782,000 $584,000

715

Square MetresAC 1M

AJ531736

1450322 167 CONCORD RD NORTH STRATHFIELD 2137 13/224153 4.83 / X 36.27 /

170.7000 24-May-14 $940,000 1.2828-Jul-14

B1CCC

139 $547,000 $547,000 $428,000$3,204 $3,204 $2,507 1.28No

$547,000 $547,000 $428,000

171

Square MetresBS 1M

AI944033







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1450348 231 CONCORD RD NORTH

STRATHFIELD 2137 61/223362 5.42 / 5.54 X 36.27 /

196.0000 31-Mar-14 $1,020,000 1.2212-May-14

B1CCC

139 $565,000 $565,000 $462,000$2,883 $2,883 $2,357 1.22No

$565,000 $565,000 $462,000

196

Square MetresBS 1M

AI570783

1450413 345 CONCORD RD CONCORD WEST 2138 11/D/10188 / X /

252.9000 12-Sep-14 $751,000 1.1327-Oct-14

B1CCC

139 $375,000 $425,000 $331,000$1,483 $1,681 $1,309 1.28No

$375,000 $425,000 $331,000

253

Square MetresBA 1M

AI987592

1450431 405 CONCORD RD CONCORD WEST 2138 4, 5/K/11871 13.92 / X 39.62 /

480.6000 31-Mar-14 $2,250,000 1.2809-May-14

B1CVN

139 $1,400,000 $1,600,000 $1,090,000$2,913 $3,329 $2,268 1.47No

$1,400,000 $1,600,000 $1,090,000

481

Square MetresBS 1M

AI632566

1450492 424 CONCORD RD RHODES 2138 7/792101 12.26 / 12.19 X 40.09 / 40.94

488.6000 25-Apr-14 $1,800,000 2.3123-Oct-14

B1CVN

139 $1,600,000 $1,600,000 $692,000$3,275 $3,275 $1,416 2.31No

$145,455 $145,455 $62,909

44

Square MetresBA 11M

AJ18119

1450777 VALMAP 16 CONSETT ST CONCORD WEST 2138 7/F/6487 15.24 / 15.24 X 43.58 / 43.58

664.2000 30-May-15 $1,795,000 1.5210-Aug-15

R2ECC

139 $1,289,500 $1,289,500 $846,000$1,941 $1,941 $1,274 1.52No

$1,289,500 $1,289,500 $846,000

664

Square MetresAC 1M

AJ737310

1451016 VALMAP 7 CORREYS AVE CONCORD 2137 22/11111 12.19 / X 45.72 /

557.3300 21-Feb-15 $1,621,000 1.4301-Apr-15

R2ESS

139 $1,074,500 $1,074,500 $749,000$1,928 $1,928 $1,344 1.43No

$1,074,500 $1,074,500 $749,000

557

Square MetresAC 1M

AJ387846


537.6400 18-Oct-14 $1,335,000 1.3601-Dec-14

R2ESS

139 $1,015,150 $1,015,150 $749,000$1,888 $1,888 $1,393 1.36No

$1,015,150 $1,015,150 $749,000

538

Square MetresAC 1M

AJ101024


537.6400 22-May-15 $1,586,000 1.4419-Aug-15

R2ESS

139 $1,080,000 $1,080,000 $749,000$2,009 $2,009 $1,393 1.44No

$1,080,000 $1,080,000 $749,000

538

Square MetresAC 1M

AJ773162

1451202 VALMAP 3 CROPLEY ST RHODES 2138 96/6401 16.76 / 18.29 X 45.87 / 45.77

790.4000 04-Jul-15 $1,790,000 1.8831-Aug-15

R3EAD

139 $1,327,000 $1,327,000 $706,000$1,679 $1,679 $893 1.88No

$1,327,000 $1,327,000 $706,000

790

Square MetresAC 1M

AJ793463







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1451303 VALMAP 3 CURRAWANG ST CONCORD

WEST 2138 38/K/11871 13.72 / X 44.2 /

600.7000 12-Sep-15 $1,521,000 1.5326-Oct-15

R2ECC

139 $1,095,500 $1,095,500 $714,000$1,824 $1,824 $1,189 1.53No

$1,095,500 $1,095,500 $714,000

601

Square MetresAC 1M

AJ938608

1451635 VALMAP 19 DUKE AVE CONCORD 2137 29/19735 12.8 / X 39.62 /

505.9000 21-Mar-15 $1,635,000 1.3901-May-15

R2EKK

139 $1,216,600 $1,216,600 $876,000$2,405 $2,405 $1,732 1.39No

$1,216,600 $1,216,600 $876,000

506

Square MetresAC 1M

AJ601201

1451697 VALMAP 13 EDWARD ST CONCORD 2137 2/168582 11.58 / X 37.19 /

430.6600 06-Aug-15 $1,370,000 1.3515-Sep-15

R2ESS

139 $964,500 $964,500 $717,000$2,240 $2,240 $1,665 1.35No

$964,500 $964,500 $717,000

431

Square MetresAC 1M

AJ836512

1451731 VALMAP 2 EDWIN ST MORTLAKE 2137 53/1937 6.1 / X 30.48 /

185.9300 14-Feb-15 $940,000 1.5218-May-15

R1FAA

139 $625,000 $625,000 $410,000$3,361 $3,361 $2,205 1.52No

$625,000 $625,000 $410,000

186

Square MetresAC 1M

AJ513736

1451860 18 EVELYN AVE CONCORD 2137 4/14646 / X /

448.6400 18-Oct-14 $1,410,000 1.3617-Dec-14

R2EKK

139 $1,052,575 $1,052,575 $773,000$2,346 $2,346 $1,723 1.36No

$1,052,575 $1,052,575 $773,000

449

Square MetresAC 1M

AJ146091

1451937 VALMAP 9 EXCELSIOR ST CONCORD 2137 B/315313 12.19 / 12.19 X 30.48 / 30.48

371.5500 25-Oct-14 $1,420,000 1.3228-Nov-14

R2EKK

139 $879,000 $879,000 $664,000$2,366 $2,366 $1,787 1.32No

$879,000 $879,000 $664,000

372

Square MetresAC 1M

AJ101111

1452212 VALMAP 11 FREMONT ST CONCORD WEST 2138 106/14232 14.02 / X 39.62 /

553.9000 28-Mar-15 $1,704,000 1.4311-May-15

R2ECC

139 $939,500 $939,500 $659,000$1,696 $1,696 $1,190 1.43No

$939,500 $939,500 $659,000

554

Square MetresAC 1M

AJ484035

1452227 VALMAP 20 FREMONT ST CONCORD WEST 2138 68/14232 14.94 / X 39.62 /

591.9200 19-Mar-15 $1,460,000 1.4507-May-15

R2ECC

139 $979,000 $979,000 $675,000$1,654 $1,654 $1,140 1.45No

$979,000 $979,000 $675,000

592

Square MetresAC 1M

AJ496411

1453023 27 GLOUCESTER ST CONCORD 2137 98/7564 15.24 / X 36.58 /

557.4800 06-Dec-14 $1,481,000 1.3609-Feb-15

R2EKK

139 $1,173,500 $1,173,500 $864,000$2,105 $2,105 $1,550 1.36No

$1,173,500 $1,173,500 $864,000

557

Square MetresAC 1M

AJ274810







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1453122 VALMAP 2 HEATH ST CONCORD 2137

A/396654 18.97 / 24.33 X 20.17 / 21.34

442.6000 10-Oct-14 $1,300,000 1.3921-Nov-14

R2EKK

139 $1,036,000 $1,036,000 $746,000$2,341 $2,341 $1,685 1.39No

$1,036,000 $1,036,000 $746,000

443

Square MetresAC 1M

AJ68466

1453149 26 HERBERT ST MORTLAKE 2137 14/3/1748 / X /

347.8000 05-May-15 $1,850,000 1.6130-Jun-15

R1FAA

139 $853,000 $853,000 $530,000$2,453 $2,453 $1,524 1.61No

$853,000 $853,000 $530,000

348

Square MetresAC 1M

AJ742135

1453317 VALMAP 5 HOMEDALE AVE CONCORD 2137 52/7353 15.24 / X 40.84 /

622.4000 30-May-15 $1,815,000 1.4513-Jul-15

R2ESS

139 $1,363,750 $1,363,750 $940,000$2,191 $2,191 $1,510 1.45No

$1,363,750 $1,363,750 $940,000

622

Square MetresAC 1M

AJ696613

1453320 VALMAP 11 HOMEDALE AVE CONCORD 2137 55/7353 15.24 / X 40.84 /

622.4000 15-May-15 $1,800,000 1.3413-Aug-15

R2ESS

139 $1,260,000 $1,260,000 $940,000$2,024 $2,024 $1,510 1.34No

$1,260,000 $1,260,000 $940,000

622

Square MetresAC 1M

AJ761390

1453371 VALMAP 32 HOSPITAL RD CONCORD WEST 2138 21/K/11871 12.14 / 15.24 X 44.2 / 44.2

600.7000 01-Sep-14 $1,200,000 1.3125-Oct-14

R2ECC

139 $811,500 $951,500 $618,000$1,351 $1,584 $1,029 1.54No

$811,500 $951,500 $618,000

601

Square MetresAC 1M

AJ18314

1453575 VALMAP 14 KEPPEL AVE CONCORD 2137 28/7594 15.24 / X 38.1 /

580.6400 08-Nov-14 $1,400,000 1.3522-Dec-14

R2ESS

139 $974,050 $974,050 $723,000$1,678 $1,678 $1,245 1.35No

$974,050 $974,050 $723,000

581

Square MetresAC 1M

AJ318413

1453655 VALMAP 31 KING ST CONCORD WEST 2138 10/B/2220 12.19 / 12.17 X 44.65 / 44.73

537.5000 27-May-15 $1,300,000 1.4129-Jul-15

R2EQQ

139 $894,000 $894,000 $633,000$1,663 $1,663 $1,178 1.41No

$894,000 $894,000 $633,000

538

Square MetresAC 1M

AJ708556

1453689 VALMAP 55 KINGSTON AVE CONCORD 2137 B/354459 12.19 / 12.19 X 45.72 / 45.72

557.3300 13-Jun-15 $1,655,000 1.3907-Sep-15

R2EKK

139 $1,139,000 $1,139,000 $820,000$2,044 $2,044 $1,471 1.39No

$1,139,000 $1,139,000 $820,000

557

Square MetresAC 1M

AJ847740

1453735 VALMAP 27 LA MASCOTTE AVE CONCORD 2137 17/6790 12.8 / X 40.87 / 40.56

518.5000 09-May-15 $1,880,000 1.3812-Jun-15

R2EKK

139 $1,170,750 $1,170,750 $847,000$2,258 $2,258 $1,634 1.38No

$1,170,750 $1,170,750 $847,000

518

Square MetresAC 1M

AJ585330







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1453829 19 LEEDS ST RHODES 2138

9/239579 / X / 1,208.0000 23-Apr-14 $2,000,000 1.02

23-Oct-14IN1DAA

139 $1,015,000 $1,015,000 $1,000,000$840 $840 $828 1.02No

$1,015,000 $1,015,000 $1,000,000

1208

Square MetresIW 1M

AJ213807

1453896 VALMAP 1 LEMNOS ST NORTH STRATHFIELD 2137 17/8509 13.41 / X 42.67 /

572.2000 11-Oct-14 $1,610,000 1.4210-Dec-14

R2EQQ

139 $1,214,500 $1,364,500 $854,000$2,123 $2,385 $1,492 1.60No

$1,214,500 $1,364,500 $854,000

572

Square MetresAC 1M

AJ142590

1453985 VALMAP 90 LINKS AVE CONCORD 2137 84/9221 13.41 / X 45.72 /

613.1100 14-Mar-15 $1,890,000 1.4527-Apr-15

R2ESS

139 $1,432,000 $1,432,000 $986,000$2,336 $2,336 $1,608 1.45No

$1,432,000 $1,432,000 $986,000

613

Square MetresAC 1M

AJ458124

1453990 VALMAP 80 LINKS AVE CONCORD 2137 89/9221 13.41 / X 45.72 /

607.0000 12-Sep-15 $2,000,000 1.4226-Oct-15

R2ESS

139 $1,401,000 $1,401,000 $986,000$2,308 $2,308 $1,624 1.42No

$1,401,000 $1,401,000 $986,000

607

Square MetresAC 1M

AJ934349

1454066 VALMAP 35 LLEWELLYN ST RHODES 2138 14/6401 NSW Maritime 2562 18.29 / HWM X 42.425 / 42.115

780.1000 18-Jun-15 $3,670,000 1.3213-Aug-15

R2EWW

139 $2,626,500 $2,626,500 $1,990,000$3,367 $3,367 $2,551 1.32No

$2,626,500 $2,626,500 $1,990,000

780

Square MetresAC 1M

AJ750684

1454135 VALMAP 10 LLEWELLYN ST RHODES 2138 84/6401 15.24 / X 45.72 /

696.7700 24-May-14 $1,495,000 1.1429-Jul-14

R3EAD

139 $1,028,100 $1,228,100 $900,000$1,476 $1,763 $1,292 1.36No

$1,028,100 $1,228,100 $900,000

697

Sqm ImprovedAC 1M

AI789505

1454220 VALMAP 20 LORRAINE ST NORTH STRATHFIELD 2137 1/413046 13.21 / 16.79 X 43.26 / 43.99

638.6000 01-Aug-15 $1,855,000 1.6807-Sep-15

R2EQQ

139 $1,356,500 $1,356,500 $807,000$2,124 $2,124 $1,264 1.68No

$1,356,500 $1,356,500 $807,000

639

Square MetresAC 1M

AJ805508

1454226 VALMAP 9 LORRAINE ST NORTH STRATHFIELD 2137 131/8509 14.02 / X 42.67 /

598.2300 11-Apr-15 $1,730,000 1.6825-May-15

R2EQQ

139 $1,359,250 $1,359,250 $807,000$2,272 $2,272 $1,349 1.68No

$1,359,250 $1,359,250 $807,000

598

Square MetresAC 1M

AJ531176

1454235 VALMAP 10 LUDGATE ST CONCORD 2137 3/204424 13.72 / X 30.48 /

417.3000 18-Apr-15 $1,460,000 1.4301-Jun-15

R2ESS

139 $1,022,000 $1,022,000 $714,000$2,449 $2,449 $1,711 1.43No

$1,022,000 $1,022,000 $714,000

417

Square MetresAC 1M

AJ547794







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1454270 VALMAP 31 MACKENZIE ST CONCORD

WEST 2138 20/A/6487 15.24 / 15.24 X 43.58 / 43.58

664.2000 17-Oct-14 $1,560,000 1.3028-Nov-14

R2ECC

139 $1,097,000 $1,217,000 $846,000$1,652 $1,832 $1,274 1.44No

$1,097,000 $1,217,000 $846,000

664

Square MetresAC 1M

AJ133016

1454401 VALMAP 27 MACNAMARA AVE CONCORD 2137 90/12725 12.19 / X 36.88 /

448.9000 30-May-15 $1,775,000 1.4029-Jul-15

R2ESS

139 $1,121,000 $1,121,000 $802,000$2,497 $2,497 $1,787 1.40No

$1,121,000 $1,121,000 $802,000

449

Square MetresAC 1M

AJ708994

1454424 VALMAP 22 MCDONALD ST MORTLAKE 2137 6/1918 7.62 / X 18.9 /

144.0200 29-Nov-14 $740,000 1.3216-Jan-15

R1FAA

139 $506,000 $506,000 $383,000$3,513 $3,513 $2,659 1.32No

$506,000 $506,000 $383,000

144

Square MetresAC 1M

AJ257753

1454440 31 MAJORS BAY RD CONCORD 2137 7/304113 7.01 / X 38.05 /

255.0000 22-May-15 $2,000,000 1.9229-Jun-15

B4CAA

139 $2,000,000 $2,000,000 $1,040,000$7,843 $7,843 $4,078 1.92No

$2,000,000 $2,000,000 $1,040,000

255

Square MetresBS 1M

AJ632554

1454460 71 MAJORS BAY RD CONCORD 2137 D/309008 4.47 / 4.47 X 33.53 / 33.53

145.4000 21-Feb-14 $1,630,000 1.0728-Mar-14

B4CAA

139 $1,110,000 $1,310,000 $1,040,000$7,634 $9,010 $7,153 1.26No

$1,110,000 $1,310,000 $1,040,000

145

Square MetresBS 1M

AI508636

1454472 97 MAJORS BAY RD CONCORD 2137 94/577864 14.93 / 14.96 X 33.55 IRREGULR / 33.53

497.0000 19-May-15 $5,310,000 1.1830-Jun-15

B4CVM

139 $3,425,000 $3,425,000 $2,900,000$6,891 $6,891 $5,835 1.18No

$3,425,000 $3,425,000 $2,900,000

497

Square MetresBS 1M

AJ655225

1454560 VALMAP 215 MAJORS BAY RD CONCORD 2137 29/7564 14.63 / X 36.58 /

531.1000 19-Mar-15 $1,604,000 1.2801-May-15

R2EKK

139 $1,032,500 $1,032,500 $808,000$1,944 $1,944 $1,521 1.28No

$1,032,500 $1,032,500 $808,000

531

Square MetresAC 1M

AJ456514

1454579 VALMAP 132 A MAJORS BAY RD CONCORD 2137 B/103722 5.79 / 5.79 X 36.58 / 36.58 IRREGULR

208.7000 18-Oct-14 $870,000 1.3424-Nov-14

R2ESS

139 $553,000 $553,000 $414,000$2,650 $2,650 $1,984 1.34No

$553,000 $553,000 $414,000

209

Square MetresAC 1M

AJ81988

1454600 70 MAJORS BAY RD CONCORD 2137 117/630843 12.3 / 12.19 X 34.86 / 33.25

415.0000 19-May-15 $4,535,000 1.3830-Jul-15

B4CAA

139 $2,900,000 $2,900,000 $2,100,000$6,988 $6,988 $5,060 1.38No

$2,900,000 $2,900,000 $2,100,000

415

Square MetresBO 1M

AJ712256







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1454648 VALMAP 3 MALTA ST NORTH

STRATHFIELD 2137 66/8509 13.41 / X 49.96 /

663.9000 15-Jul-15 $2,185,000 1.6426-Aug-15

R2EQQ

139 $1,403,500 $1,403,500 $854,000$2,114 $2,114 $1,286 1.64No

$1,403,500 $1,403,500 $854,000

664

Square MetresAC 1M

AJ783512

1454697 57 MANSON RD STRATHFIELD 2135 32, 33, 34/455148 15.24 / 15.24 X 34.75 / 34.75

523.0000 07-Nov-14 $3,300,000 3.4905-Mar-15

B6CVP

139 $2,850,000 $2,850,000 $817,000$5,449 $5,449 $1,562 3.49No

$190,000 $190,000 $54,467

35

Square MetresBY 15M

AJ362947

1454732 1 MARQUET ST RHODES 2138 5/17671 11.58 / 11.58 X 39.62 / 39.62

455.3000 27-Aug-14 $2,950,000 1.7408-Oct-14

B4LAR

139 $2,250,000 $2,250,000 $1,290,000$4,942 $4,942 $2,833 1.74No

$2,250,000 $2,250,000 $1,290,000

455

Square MetresAC 1M

AI946197

1454741 23 MARQUET ST RHODES 2138 1345/558798 / X /

2,037.0000 28-Aug-14 $4,500,000 1.0730-Sep-14

B4LBR

139 $4,500,000 $5,100,000 $4,210,000$2,209 $2,504 $2,067 1.21No

$4,500,000 $5,100,000 $4,210,000

2037

Square MetresIW 1M

AI933684

1454821 VALMAP 35 MELBOURNE ST CONCORD 2137 27/12487 11.89 / X 41.15 /

489.2700 10-Mar-15 $1,425,000 1.3521-Apr-15

R2ESS

139 $939,000 $939,000 $694,000$1,919 $1,919 $1,418 1.35No

$939,000 $939,000 $694,000

489

Square MetresAC 1M

AJ431198

1454822 VALMAP 37 MELBOURNE ST CONCORD 2137 28/12487 12.19 / X 41.15 /

501.6200 15-Nov-14 $1,550,000 1.3212-Jan-15

R2ESS

139 $915,250 $915,250 $694,000$1,825 $1,825 $1,384 1.32No

$915,250 $915,250 $694,000

502

Square MetresAC 1M

AJ196071

1454908 VALMAP 59 MEPUNGA ST CONCORD WEST 2138 76/B/11996 13.79 / X 38.4 /

562.8000 29-Nov-14 $1,270,000 1.3622-Jan-15

R2ECC

139 $873,000 $963,000 $642,000$1,551 $1,711 $1,141 1.50No

$873,000 $963,000 $642,000

563

Square MetresAC 1M

AJ301875

1454960 VALMAP 20 MOALA ST CONCORD WEST 2138 47/H/11871 13.72 / X 76.78 / 77.98

1,056.0000 25-Oct-14 $1,410,000 1.1710-Dec-14

R2ECC

139 $1,157,500 $1,397,500 $991,000$1,096 $1,323 $938 1.41No

$1,157,500 $1,397,500 $991,000

1056

Square MetresAC 1M

AJ136152

1454984 23 MOALA ST CONCORD WEST 2138 34/I/11871 13.72 / X 51.66 / 50.93

709.0000 27-Sep-14 $1,310,000 1.2010-Nov-14

R2ECC

139 $973,000 $1,173,000 $810,000$1,372 $1,654 $1,142 1.45No

$0 $0 $0

0

Square MetresAC 0M

AJ111413







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1455016 VALMAP 7 MORETON ST CONCORD

2137 20/2931 9.14 / X 40.23 / 367.7000 25-Feb-15 $1,105,000 1.31

25-May-15R2

ESS139 $726,000 $726,000 $554,000

$1,974 $1,974 $1,507 1.31No$726,000 $726,000 $554,000

368

Square MetresAC 1M

AJ531310

1455019 54 MORTLAKE ST CONCORD 2137 2/225993 6.25 / 16.26 X 48.34 IRREGULR / 58.7 IRREGULR

347.8000 18-Dec-14 $1,200,000 1.2430-Jan-15

B1SSS

139 $610,000 $660,000 $492,000$1,754 $1,898 $1,415 1.34No

$610,000 $660,000 $492,000

348

Square MetresBA 1M

AJ245733

1455091 VALMAP 34 MYALL ST CONCORD WEST 2138 38/D/10188 12.29 / 13.26 X 44.2 /

562.8000 13-Sep-14 $1,410,000 1.3329-Oct-14

R2ECC

139 $1,002,500 $1,152,500 $754,000$1,781 $2,048 $1,340 1.53No

$1,002,500 $1,152,500 $754,000

563

Square MetresAC 1M

AJ30208

1455122 VALMAP 29 MYALL ST CONCORD WEST 2138 50/E/10188 13.72 / X 43.89 /

602.1700 26-Mar-15 $2,050,000 1.5103-Jul-15

R2ECC

139 $1,137,000 $1,137,000 $754,000$1,888 $1,888 $1,252 1.51No

$1,137,000 $1,137,000 $754,000

602

Square MetresAC 1M

AJ633067

1455213 33 NELSON RD NORTH STRATHFIELD 2137 2/226110 6.63 / 6.63 X 55.22 / 55.17

366.7000 01-Oct-14 $1,155,000 1.3617-Nov-14

R2ESS

139 $732,500 $732,500 $537,000$1,998 $1,998 $1,464 1.36No

$0 $0 $0

0

Square MetresAC 0M

AJ85939

1455233 VALMAP 8 NELSON RD NORTH STRATHFIELD 2137 41/1098152 15.34 / 15.24 X 52.73 IRREGULR / 52.73

806.1000 28-Mar-15 $1,980,000 1.3913-May-15

R2ESS

139 $1,240,500 $1,240,500 $891,000$1,539 $1,539 $1,105 1.39No

$1,240,500 $1,240,500 $891,000

806

Square MetresAC 1M

AJ501411

1455245 VALMAP 28 NELSON RD NORTH STRATHFIELD 2137 2/202507 20.12 / 13.72 X 26.52 / 32.92 IRREGULR

448.9000 21-Mar-15 $1,400,000 1.5804-May-15

R2ESS

139 $1,055,000 $1,055,000 $669,000$2,350 $2,350 $1,490 1.58No

$1,055,000 $1,055,000 $669,000

449

Square MetresAC 1M

AJ486304

1455262 VALMAP 15 NICHOLAS AVE CONCORD 2137 30/19632 15.34 / X 28.4 /

430.0000 06-Dec-14 $1,365,000 1.3416-Mar-15

R2EKK

139 $1,084,000 $1,084,000 $807,000$2,521 $2,521 $1,877 1.34No

$1,084,000 $1,084,000 $807,000

430

Square MetresAC 1M

AJ348150

1455353 VALMAP 57 NIRRANDA ST CONCORD WEST 2138 74/C/11996 / X /

635.9200 14-Mar-15 $2,720,000 1.4712-Jun-15

R2ECC

139 $1,111,000 $1,111,000 $758,000$1,747 $1,747 $1,192 1.47No

$1,111,000 $1,111,000 $758,000

636

Square MetresAC 1M

AJ578490







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1455354 VALMAP 59 NIRRANDA ST CONCORD

WEST 2138 75/C/11996 13.72 / X 46.69 / 46.35

632.3000 28-Jan-15 $1,600,000 1.4402-Apr-15

R2ECC

139 $1,095,000 $1,095,000 $758,000$1,732 $1,732 $1,199 1.44No

$1,095,000 $1,095,000 $758,000

632

Square MetresAC 1M

AJ390521

1455362 VALMAP 75 NIRRANDA ST CONCORD WEST 2138 3/14318 12.19 / 10.67 X 44.22 / 44.2

505.9000 22-Aug-15 $1,750,000 1.5303-Nov-15

R2ECC

139 $1,114,000 $1,114,000 $726,000$2,202 $2,202 $1,435 1.53No

$1,114,000 $1,114,000 $726,000

506

Square MetresAC 1M

AJ975360

1455538 129 PARRAMATTA RD CONCORD 2137 2/501674 / X /

271.9000 28-Apr-15 $4,100,000 12.8128-Jul-15

B6SBP

139 $4,100,000 $4,100,000 $320,000$15,079 $15,079 $1,177 12.81No

$4,100,000 $4,100,000 $320,000

272

Square MetresBAO 1M

AJ702272

1455539 131 PARRAMATTA RD CONCORD 2137 1/501674 / X /

290.9000 28-Apr-15 $4,100,000 12.8128-Jul-15

B6SBP

139 $4,100,000 $4,100,000 $320,000$14,094 $14,094 $1,100 12.81No

$4,100,000 $4,100,000 $320,000

291

Square MetresBAO 1M

AJ702272

1455634 63 PATTERSON ST CONCORD 2137 126/752023 12.5 / X 48.77 /

607.0000 13-Dec-14 $1,410,000 1.2709-Feb-15

R2ESS

139 $987,800 $1,087,800 $780,000$1,627 $1,792 $1,285 1.39No

$987,800 $1,087,800 $780,000

607

Square MetresAC 1M

AJ261105

1455873 VALMAP 36 QUEEN ST CONCORD WEST 2138 18/G/6487 15.24 / 15.24 X 47.04 / 47.09

717.2000 26-Jun-15 $1,850,000 1.5407-Aug-15

R2ECC

139 $1,080,500 $1,080,500 $703,000$1,507 $1,507 $980 1.54No

$1,080,500 $1,080,500 $703,000

717

Square MetresAC 1M

AJ739374

1455882 VALMAP 54 QUEEN ST CONCORD WEST 2138 9/G/6487 15.24 / 15.24 IRREGULR X 46.42 / 46.17

705.5000 27-Jun-15 $1,605,000 1.5011-Aug-15

R2ECC

139 $1,052,000 $1,052,000 $703,000$1,491 $1,491 $996 1.50No

$1,052,000 $1,052,000 $703,000

706

Square MetresAC 1M

AJ747070

1455945 VALMAP 174 QUEEN ST CONCORD WEST 2138 26/8976 15.24 / 15.21 X 46.89 / 46.79

708.2000 22-Nov-14 $1,230,000 1.3519-Jan-15

R2ECC

139 $852,000 $952,000 $630,000$1,203 $1,344 $890 1.51No

$852,000 $952,000 $630,000

708

Square MetresAC 1M

AJ229082

1456366 VALMAP 3 SALT ST CONCORD 2137 5/18855 12.8 / X 36.58 /

467.9000 01-Nov-14 $1,570,000 1.3316-Dec-14

R2EKK

139 $1,127,500 $1,127,500 $847,000$2,410 $2,410 $1,810 1.33No

$1,127,500 $1,127,500 $847,000

468

Square MetresAC 1M

AJ143916







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1456402 VALMAP 2 SETTLERS BVD LIBERTY

GROVE 2138 16/270137 9.86 IRREGULR / 9.03 X 27 / 25

241.6000 20-Jan-15 $1,200,000 1.3104-Mar-15

R3EQD

139 $877,000 $877,000 $669,000$3,630 $3,630 $2,769 1.31No

$877,000 $877,000 $669,000

242

Square MetresAC 1M

AJ320510

1456457 15 SHACKEL AVE CONCORD 2137 8/7486 12.5 / X 46.13 / 46.08

575.4000 13-Dec-14 $1,542,000 1.4409-Feb-15

R2ESS

139 $1,210,260 $1,210,260 $840,000$2,103 $2,103 $1,460 1.44No

$403,420 $403,420 $280,000

192

Square MetresAC 3M

AJ265725

1456493 VALMAP 4 SHIPHAM ST CONCORD 2137 19/10719 12.65 / X 41.3 /

522.4500 26-Mar-15 $1,700,000 1.3207-May-15

R3EKD

139 $1,168,000 $1,168,000 $885,000$2,236 $2,236 $1,694 1.32No

$1,168,000 $1,168,000 $885,000

522

Square MetresAC 1M

AJ488038

1456795 VALMAP 48 SYDNEY ST CONCORD 2137 93/7594 15.34 / X 36.53 /

560.3700 11-Jul-15 $1,865,000 1.4424-Aug-15

R2ESS

139 $1,248,750 $1,248,750 $869,000$2,228 $2,228 $1,551 1.44No

$1,248,750 $1,248,750 $869,000

560

Square MetresAC 1M

AJ779137

1456797 VALMAP 44 SYDNEY ST CONCORD 2137 91/7594 15.34 / X 36.53 /

560.3700 30-May-15 $1,615,000 1.3713-Jul-15

R2ESS

139 $1,187,500 $1,187,500 $869,000$2,119 $2,119 $1,551 1.37No

$1,187,500 $1,187,500 $869,000

560

Square MetresAC 1M

AJ746580

1456880 118 TENNYSON RD MORTLAKE 2137 1/787779 / X /

752.0000 13-Sep-14 $2,135,000 1.8920-Mar-15

R1FDD

139 $2,135,000 $2,135,000 $1,130,000$2,839 $2,839 $1,503 1.89No

$2,135,000 $2,135,000 $1,130,000

752

Square MetresACO 1M

AJ375960


252.9000 13-Sep-14 $915,000 2.5120-Mar-15

R1FDD

139 $915,000 $915,000 $364,000$3,618 $3,618 $1,439 2.51No

$915,000 $915,000 $364,000

253

Square MetresIWO 1M

AJ375953


284.5000 13-Sep-14 $976,000 2.2720-Mar-15

R1FDD

139 $976,000 $976,000 $430,000$3,431 $3,431 $1,511 2.27No

$976,000 $976,000 $430,000

284

Square MetresIWO 1M

AJ375954

1457107 VALMAP 58 TRAFALGAR PDE CONCORD 2137 23/35623 26.01 IRREGULR / 3.05 X 42.11 / 36.04

562.8000 18-Jul-15 $1,310,000 1.3826-Aug-15

R2ESS

139 $1,064,000 $1,064,000 $771,000$1,891 $1,891 $1,370 1.38No

$1,064,000 $1,064,000 $771,000

563

Square MetresAC 1M

AJ806208







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1457152 VALMAP 4 TRIPOD ST CONCORD 2137

2/168770 12.192 / 15.068 IRREGULR X 45.72 / 39.453

537.5000 19-Sep-15 $1,900,000 1.3802-Nov-15

R2EKK

139 $1,268,000 $1,268,000 $916,000$2,359 $2,359 $1,704 1.38No

$1,268,000 $1,268,000 $916,000

538

Square MetresAC 1M

AJ956138

1457185 VALMAP 15 TRIPOD ST CONCORD 2137 19/1/4931 15.24 / X 43.18 / 43.05

651.3000 28-Mar-15 $1,901,000 1.3017-Apr-15

R2EKK

139 $1,404,000 $1,404,000 $1,080,000$2,156 $2,156 $1,658 1.30No

$1,404,000 $1,404,000 $1,080,000

651

Square MetresAC 1M

AJ429738

1457383 VALMAP 9 WAINE ST CABARITA 2137 56/5167 12.19 / X 48.77 /

594.5100 01-Nov-14 $2,000,000 1.2730-Jan-15

R2EKK

139 $1,142,500 $1,142,500 $900,000$1,922 $1,922 $1,514 1.27No

$1,142,500 $1,142,500 $900,000

595

Square MetresAC 1M

AJ235727

1457494 VALMAP 19 WARSAW ST NORTH STRATHFIELD 2137 2/414104 12.83 / 12.57 X 42.67 / 42.67

537.5000 04-Jul-15 $1,750,000 1.6418-Aug-15

R2EQQ

139 $1,281,100 $1,281,100 $781,000$2,383 $2,383 $1,453 1.64No

$1,281,100 $1,281,100 $781,000

538

Square MetresAC 1M

AJ758848

1457689 VALMAP 1 WENTWORTH DR LIBERTY GROVE 2138 38/270137 9 / 9 X 27 / 27

243.0000 10-Feb-15 $1,275,000 1.3324-Mar-15

R3EQD

139 $822,500 $822,500 $619,000$3,385 $3,385 $2,547 1.33No

$822,500 $822,500 $619,000

243

Square MetresAC 1M

AJ377809

1457838 VALMAP 50 WILGA ST CONCORD WEST 2138 21/C/10188 13.72 / X 44.25 /

607.1100 27-Feb-15 $1,545,000 1.5315-May-15

R2ECC

139 $1,154,000 $1,154,000 $754,000$1,901 $1,901 $1,242 1.53No

$1,154,000 $1,154,000 $754,000

607

Square MetresAC 1M

AJ508384

1458018 VALMAP 69 YARALLA ST CONCORD WEST 2138 52/A/11996 14.4 / 14.22 X 44.2 /

632.3000 03-Dec-14 $1,700,000 1.3325-Feb-15

R2ECC

139 $1,134,000 $1,234,000 $854,000$1,793 $1,952 $1,351 1.44No

$1,134,000 $1,234,000 $854,000

632

Square MetresAC 1M

AJ304714

1897346 VALMAP 19 ATKINS AVE RUSSELL LEA 2046 10/28294 11.13 / 16.15 X 27.66 / 28.19

373.1000 28-Mar-15 $1,370,000 1.3125-May-15

R2RSS

139 $1,121,000 $1,121,000 $853,000$3,005 $3,005 $2,286 1.31No

$1,121,000 $1,121,000 $853,000

373

Square MetresAC 1M

AJ532592

1897353 VALMAP 5 ATKINS AVE RUSSELL LEA 2046 1/502500 / X /

379.4000 30-May-15 $1,620,000 1.4410-Jul-15

R2RSS

139 $1,191,000 $1,191,000 $825,000$3,139 $3,139 $2,174 1.44No

$1,191,000 $1,191,000 $825,000

379

Square MetresAC 1M

AJ653210







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1897369 VALMAP 12 AUGUSTA ST FIVE DOCK

2046 1/314199 7.62 / X 45.72 / 348.3900 18-Apr-15 $1,499,000 1.43

01-Jun-15R2

RSS139 $1,028,650 $1,028,650 $721,000

$2,953 $2,953 $2,070 1.43No$1,028,650 $1,028,650 $721,000

348

Square MetresAC 1M

AJ541925

1897490 VALMAP 1 BATTERSEA ST ABBOTSFORD 2046 8/14049 11.28 / X 30.18 /

335.1000 27-Nov-14 $1,400,000 1.1813-Jan-15

R2RVV

139 $1,232,000 $1,292,000 $1,040,000$3,677 $3,856 $3,104 1.24No

$1,232,000 $1,292,000 $1,040,000

335

Square MetresAC 1M

AJ235980

1897818 VALMAP 22 BAYVIEW RD CANADA BAY 2046 A/399024 8.76 / 9.14 X 44.25 / 44.27

392.0000 11-Apr-15 $1,200,000 1.3201-Jun-15

R2RSS

139 $926,500 $926,500 $700,000$2,364 $2,364 $1,786 1.32No

$926,500 $926,500 $700,000

392

Square MetresAC 1M

AJ540113

1897988 VALMAP 5 BICKLEIGH ST ABBOTSFORD 2046 7/10026 10.67 / X 33.93 /

360.4000 23-Oct-14 $1,375,000 1.3404-Dec-14

R2RPP

139 $1,025,000 $1,025,000 $765,000$2,844 $2,844 $2,123 1.34No

$1,025,000 $1,025,000 $765,000

360

Square MetresAC 1M

AJ111364

1898022 VALMAP 46 BLACKWALL POINT RD ABBOTSFORD 2046 49/35143 15.24 / X 33.53 /

505.9000 10-Dec-14 $1,380,500 1.2516-Mar-15

R2RPP

139 $1,133,750 $1,133,750 $910,000$2,241 $2,241 $1,799 1.25No

$1,133,750 $1,133,750 $910,000

506

Square MetresAC 1M

AJ533496

1898153 VALMAP 4 BORONIA AVE RUSSELL LEA 2046 2/14539 11.58 / X 28.5 /

330.0300 25-Oct-14 $1,270,000 1.3626-Nov-14

R2RSS

139 $950,500 $950,500 $697,000$2,880 $2,880 $2,112 1.36No

$950,500 $950,500 $697,000

330

Square MetresAC 1M

AJ115476

1898631 VALMAP 92 BOWMAN ST DRUMMOYNE 2047 B/15731 9.14 / X 31.7 /

284.5000 06-Jun-15 $1,432,500 1.3717-Aug-15

R2RGG

139 $977,500 $977,500 $712,000$3,436 $3,436 $2,503 1.37No

$977,500 $977,500 $712,000

284

Square MetresAC 1M

AJ763092

1898850 VALMAP 7 BURNS CRES CHISWICK 2046 4/220239 13.72 IRREGULR / 13.72 X 31.88 / 31.19

430.0000 24-Jul-15 $1,680,000 1.3421-Sep-15

R2RPP

139 $1,355,000 $1,355,000 $1,010,000$3,151 $3,151 $2,349 1.34No

$1,355,000 $1,355,000 $1,010,000

430

Square MetresAC 1M

AJ846054

1898903 VALMAP 14 BURNS CRES CHISWICK 2046 B/370158 6.78 / 6.53 X 62.71 / 60.6

398.4000 05-Nov-14 $1,200,000 1.2417-Dec-14

R2RVV

139 $772,000 $812,000 $622,000$1,938 $2,038 $1,561 1.31No

$772,000 $812,000 $622,000

398

Square MetresAC 1M

AJ177246







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1898904 VALMAP 12 BURNS CRES CHISWICK

2046 A/370158 6.99 / 6.51 X 60.6 IRREGULR / 58.34

385.7000 21-Feb-15 $1,825,000 1.3313-Apr-15

R2RVV

139 $824,500 $824,500 $622,000$2,138 $2,138 $1,613 1.33No

$824,500 $824,500 $622,000

386

Square MetresAC 1M

AJ401340

1899295 VALMAP 9 CLARE CRES RUSSELL LEA 2046 71/13532 14.38 / 12.75 X 27.23 / 31.04

354.1000 06-Dec-14 $1,415,000 1.3302-Feb-15

R2RSS

139 $1,053,000 $1,053,000 $792,000$2,974 $2,974 $2,237 1.33No

$1,053,000 $1,053,000 $792,000

354

Square MetresAC 1M

AJ249109

1899341 VALMAP 88 CLEMENTS ST RUSSELL LEA 2046 30/12392 12.19 / X 36.58 /

442.6000 12-Dec-14 $1,660,000 1.2430-Jan-15

R2RVV

139 $1,402,000 $1,472,000 $1,130,000$3,168 $3,326 $2,553 1.30No

$1,402,000 $1,472,000 $1,130,000

443

Square MetresAC 1M

AJ276468

1899362 VALMAP 47 CLEMENTS ST RUSSELL LEA 2046 51/12392 12.19 / X 36.58 /

442.6000 18-Jul-15 $1,800,000 1.3214-Sep-15

R2RVV

139 $1,490,800 $1,490,800 $1,130,000$3,368 $3,368 $2,553 1.32No

$1,490,800 $1,490,800 $1,130,000

443

Square MetresAC 1M

AJ826021

1899427 VALMAP 13 COLLEGE ST DRUMMOYNE 2047 1/397020 10.77 / 10.82 X 56.9 / 56.97

613.4000 14-Mar-15 $1,910,000 1.5227-Apr-15

R3RGD

139 $1,478,500 $1,478,500 $975,000$2,410 $2,410 $1,590 1.52No

$1,478,500 $1,478,500 $975,000

613

Square MetresAC 1M

AJ464292

1899522 VALMAP 39 COLLEGE ST DRUMMOYNE 2047 3/2/10324 10.06 / X 41.61 /

418.6000 24-Feb-15 $1,763,000 1.3907-Apr-15

R3RGD

139 $1,194,000 $1,194,000 $858,000$2,852 $2,852 $2,050 1.39No

$1,194,000 $1,194,000 $858,000

419

Square MetresAC 1M

AJ397450

1899754 VALMAP 7 CONNECTICUT AVE FIVE DOCK 2046 A/301589 7.62 / X 45.72 /

348.3900 12-Jun-15 $1,503,000 1.3331-Jul-15

R2RSS

139 $960,200 $960,200 $721,000$2,756 $2,756 $2,070 1.33No

$960,200 $960,200 $721,000

348

Square MetresAC 1M

AJ715882

1899866 VALMAP 15 CORDEN AVE FIVE DOCK 2046 17/29534 15.57 / 8.53 X 42.01 / 41.86

499.5000 22-Aug-15 $1,700,000 1.4319-Oct-15

R2RSS

139 $1,317,500 $1,317,500 $923,000$2,638 $2,638 $1,848 1.43No

$1,317,500 $1,317,500 $923,000

500

Square MetresAC 1M

AJ920947

1900031 VALMAP 35 DAY ST DRUMMOYNE 2047 1/900483 6.1 / X 30.48 /

170.8000 30-May-15 $1,460,000 1.4327-Jul-15

R2RFF

139 $932,500 $932,500 $654,000$5,460 $5,460 $3,829 1.43No

$932,500 $932,500 $654,000

171

Square MetresAC 1M

AJ696578







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1900155 VALMAP 50 DENING ST DRUMMOYNE

2047 1/943052 12.19 / X 39.62 /

480.6000 28-Mar-15 $2,260,000 1.4325-May-15

R2RGG

139 $1,501,000 $1,501,000 $1,050,000$3,123 $3,123 $2,185 1.43No

$1,501,000 $1,501,000 $1,050,000

481

Square MetresAC 1M

AJ526735

1900424 VALMAP 36 DUCHESS AVE RODD POINT 2046 4/18125 13.87 / X 26.82 /

371.9900 20-Jun-15 $1,875,000 1.4308-Aug-15

R2RSS

139 $1,492,200 $1,492,200 $1,040,000$4,011 $4,011 $2,796 1.43No

$1,492,200 $1,492,200 $1,040,000

372

Square MetresAC 1M

AJ751907

1900543 2 EAST ST FIVE DOCK 2046 A/333934 / X /

398.4000 09-Dec-14 $2,400,000 1.5010-Mar-15

B4SFF

139 $1,020,000 $1,020,000 $680,000$2,560 $2,560 $1,707 1.50No

$1,020,000 $1,020,000 $680,000

398

Square MetresBS 1M

AJ356345

1900779 19 EDWIN ST DRUMMOYNE 2047 B/417348 6.76 / 6.81 X 35.66 /

240.3000 29-Nov-14 $1,140,000 1.3512-Jan-15

R3RGD

139 $751,650 $801,650 $558,000$3,128 $3,336 $2,322 1.44No

$751,650 $801,650 $558,000

240

Square MetresAC 1M

AJ248137

1900786 5 EDWIN ST DRUMMOYNE 2047 8/440831 6.76 / 6.63 X 35.66 /

240.3000 21-Nov-14 $1,235,000 1.4415-Jan-15

R3RGD

139 $762,300 $812,300 $529,000$3,172 $3,380 $2,201 1.54No

$762,300 $812,300 $529,000

240

Square MetresAC 1M

AJ214716

1901029 181 FIRST AVE FIVE DOCK 2046 20, 21, 22, 23/7401 21.95 / X 40.23 /

860.0000 04-Sep-14 $6,402,000 1.6028-Nov-14

B4CVM

139 $3,950,000 $3,950,000 $2,470,000$4,593 $4,593 $2,872 1.60No

$3,950,000 $3,950,000 $2,470,000

860

Square MetresBC 1M

AJ371082

1901103 VALMAP 19 FIRST AVE RODD POINT 2046 4/D/14541 12.19 / X 27.43 /

334.3700 07-Mar-15 $1,600,000 1.3527-Apr-15

R2RSS

139 $1,293,000 $1,293,000 $959,000$3,867 $3,867 $2,868 1.35No

$1,293,000 $1,293,000 $959,000

334

Square MetresAC 1M

AJ445622

1901128 VALMAP 32 FIRST AVE RODD POINT 2046 13/18125 13.41 / X 30.48 /

404.7000 30-Apr-15 $1,700,000 1.3311-Jun-15

R2RSS

139 $1,383,750 $1,383,750 $1,040,000$3,419 $3,419 $2,570 1.33No

$1,383,750 $1,383,750 $1,040,000

405

Square MetresAC 1M

AJ576418

1901194 146 FIRST AVE FIVE DOCK 2046 25/178013 / X /

493.2000 12-Jun-15 $5,000,000 2.7519-Jun-15

B4CVM

139 $3,350,000 $3,350,000 $1,220,000$6,792 $6,792 $2,474 2.75No

$197,059 $197,059 $71,765

29

Square MetresBS 17M

AJ592469







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1901197 VALMAP 5 FITZROY ST ABBOTSFORD

2046 111/57637 15.09 / X 30.18 /

455.4200 01-May-15 $2,000,000 1.3824-Jul-15

R3RPD

139 $1,378,000 $1,378,000 $1,000,000$3,026 $3,026 $2,196 1.38No

$1,378,000 $1,378,000 $1,000,000

455

Square MetresAC 1M

AJ714744

1901219 VALMAP 40 FITZROY ST ABBOTSFORD 2046 1/213092 8.15 / 8.48 X 40.23 /

328.8000 08-Nov-14 $1,661,000 1.2416-Feb-15

R3RPD

139 $1,036,600 $1,086,600 $837,000$3,153 $3,305 $2,546 1.30No

$1,036,600 $1,086,600 $837,000

329

Square MetresAC 1M

AJ295897

1901264 VALMAP 26 FORMOSA ST DRUMMOYNE 2047 51/814790 6.02 / 12.08 X 38.97 IRREGULR / 46.53 IRREGULR

319.0000 14-Mar-15 $1,190,000 1.3311-May-15

R2RGG

139 $873,500 $873,500 $657,000$2,738 $2,738 $2,060 1.33No

$873,500 $873,500 $657,000

319

Square MetresAC 1M

AJ485302

1901296 57 FORMOSA ST DRUMMOYNE 2047 14/440832 6.71 / 6.65 X 33.4 /

221.3000 15-Nov-14 $1,200,000 1.3115-Jan-15

R3RGD

139 $650,900 $650,900 $496,000$2,941 $2,941 $2,241 1.31No

$650,900 $650,900 $496,000

221

Square MetresAC 1M

AJ240171

1901633 VALMAP 1 GEARS AVE DRUMMOYNE 2047 8/12916 15.24 / X 25.81 /

393.3400 02-May-15 $1,980,000 1.3619-Jun-15

R2RGG

139 $1,242,000 $1,242,000 $910,000$3,158 $3,158 $2,314 1.36No

$1,242,000 $1,242,000 $910,000

393

Square MetresAC 1M

AJ600039

1901688 VALMAP 15 GILDEA AVE FIVE DOCK 2046 32/18506 15.24 / X 24.38 /

371.5500 13-Dec-14 $1,355,000 1.3316-Feb-15

R2RSS

139 $1,027,000 $1,027,000 $772,000$2,764 $2,764 $2,078 1.33No

$1,027,000 $1,027,000 $772,000

372

Square MetresAC 1M

AJ280366

1901709 VALMAP 106 GIPPS ST DRUMMOYNE 2047 8, 9/70903 18.29 / X 43.89 /

781.0000 06-Aug-15 $2,675,000 1.4306-Aug-15

R2RGG

139 $2,246,000 $2,246,000 $1,570,000$2,876 $2,876 $2,010 1.43No

$2,246,000 $2,246,000 $1,570,000

781

Square MetresAC 1M

AJ750337

1901727 VALMAP 72 GIPPS ST DRUMMOYNE 2047 B/357790 7.26 / 7.19 X 33.53 / 33.53

241.1000 18-Dec-14 $1,235,000 1.3429-Jan-15

R2RGG

139 $862,250 $862,250 $645,000$3,576 $3,576 $2,675 1.34No

$862,250 $862,250 $645,000

241

Square MetresAC 1M

AJ231930

1901959 80 GREAT NORTH RD FIVE DOCK 2046 B1/379890 / X /

63.2000 01-May-15 $630,000 1.4003-Jul-15

B4SFF

139 $390,000 $390,000 $279,000$6,171 $6,171 $4,415 1.40No

$390,000 $390,000 $279,000

63

Square MetresBS 1M

AJ691396







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1901968 96 GREAT NORTH RD FIVE

DOCK 2046 C/322631 / X / 657.0000 27-May-15 $4,500,000 2.02

19-Jun-15B4

SFF139 $3,300,000 $3,300,000 $1,630,000

$5,023 $5,023 $2,481 2.02No$137,500 $137,500 $67,917

27

Square MetresBS 24M

AJ592342

1901998 122 GREAT NORTH RD FIVE DOCK 2046 1, 2/1024321 / X /

246.6000 24-Mar-15 $1,620,000 1.8401-May-15

B4SFF

139 $830,000 $830,000 $450,000$3,366 $3,366 $1,825 1.84No

$830,000 $830,000 $450,000

247

Square MetresBS 1M

AJ521307

1902020 186 GREAT NORTH RD FIVE DOCK 2046 1/120841 / X /

8,828.0000 17-Apr-15 $18,750,000 1.3629-May-15

R3RDD

139 $15,610,000 $15,610,000 $11,500,000$1,768 $1,768 $1,303 1.36No

$102,697 $102,697 $75,658

58

Square MetresAD 152M

AJ575226

1902061 276 GREAT NORTH RD WAREEMBA 2046 A/393266 7.62 / 7.82 X 39.9 / 40.08

303.5000 17-Apr-15 $1,700,000 1.2530-Apr-15

B1SGG

139 $935,000 $935,000 $748,000$3,081 $3,081 $2,465 1.25No

$935,000 $935,000 $748,000

304

Square MetresBS 1M

AJ466594


177.0000 13-Mar-15 $2,300,000 1.4424-Apr-15

B4SFF

139 $1,130,000 $1,130,000 $784,000$6,384 $6,384 $4,429 1.44No

$1,130,000 $1,130,000 $784,000

177

Square MetresBS 1M

AJ484062


182.9000 11-Nov-14 $1,160,000 1.4915-Apr-15

B4SFF

139 $1,160,000 $1,160,000 $780,000$6,342 $6,342 $4,265 1.49No

$1,160,000 $1,160,000 $780,000

183

Square MetresBS 1M

AJ409164


275.9000 11-Nov-14 $2,375,000 1.9615-Apr-15

B4SFF

139 $2,375,000 $2,375,000 $1,210,000$8,608 $8,608 $4,386 1.96No

$2,375,000 $2,375,000 $1,210,000

276

Square MetresBS 1M

AJ432569

1902542 97 GREAT NORTH RD FIVE DOCK 2046 4/6513 6.1 / 6.1 X 32.77 / 32.77

196.0000 08-Jul-14 $1,550,000 1.2212-Aug-14

B4SFF

139 $1,045,000 $1,145,000 $860,000$5,332 $5,842 $4,388 1.33No

$1,045,000 $1,145,000 $860,000

196

Square MetresBS 1M

AI960830

1902602 VALMAP 34 HALLEY ST FIVE DOCK 2046 4/14714 12.19 / X 36.58 /

442.6000 14-Mar-15 $1,511,000 1.3327-Apr-15

R2RSS

139 $1,129,500 $1,129,500 $848,000$2,552 $2,552 $1,916 1.33No

$1,129,500 $1,129,500 $848,000

443

Square MetresAC 1M

AJ456694







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1903083 VALMAP 111 HAMPDEN RD RUSSELL

LEA 2046 3/11864 10.06 / X 31.42 /

316.0900 24-Feb-15 $1,315,000 1.4319-May-15

R2RSS

139 $894,000 $894,000 $626,000$2,828 $2,828 $1,980 1.43No

$894,000 $894,000 $626,000

316

Square MetresAC 1M

AJ524465

1903303 VALMAP 28 HARRABROOK AVE FIVE DOCK 2046 5/311103 9.75 / 9.55 X 43.23 / 46.66

423.7000 22-Jan-15 $1,250,000 1.3305-Mar-15

R2RSS

139 $913,000 $913,000 $688,000$2,155 $2,155 $1,624 1.33No

$913,000 $913,000 $688,000

424

Square MetresAC 1M

AJ317615

1903397 VALMAP 5 HEATH ST FIVE DOCK 2046 2/322438 18.29 / X 15.24 /

278.7400 28-Mar-15 $1,421,000 1.3522-May-15

R2RSS

139 $1,092,600 $1,092,600 $812,000$3,920 $3,920 $2,913 1.35No

$1,092,600 $1,092,600 $812,000

279

Square MetresAC 1M

AJ524667

1903424 VALMAP 26 HENLEY ST DRUMMOYNE 2047 3/440750 6.71 / 6.43 X 39.75 / 39.73

259.3000 18-Apr-15 $1,430,000 1.3603-Jun-15

R2RGG

139 $967,000 $967,000 $712,000$3,729 $3,729 $2,746 1.36No

$967,000 $967,000 $712,000

259

Square MetresAC 1M

AJ578163

1903635 VALMAP 14 HENRY ST FIVE DOCK 2046 B/306664 10.06 / X 29.87 /

309.8000 11-Apr-15 $1,170,000 1.3603-Jun-15

R2RSS

139 $806,000 $806,000 $594,000$2,602 $2,602 $1,917 1.36No

$806,000 $806,000 $594,000

310

Square MetresAC 1M

AJ554762

1903706 VALMAP 20 HEZLET ST CHISWICK 2046 D/386337 NSW Maritime 6463 19.05 / 21.844 X 24.873 / HWM

649.2000 09-Oct-14 $4,100,000 1.2318-Dec-14

R2RWW

139 $2,728,500 $2,728,500 $2,220,000$4,203 $4,203 $3,420 1.23No

$2,728,500 $2,728,500 $2,220,000

649

Square MetresAC 1M

AJ198301

1903858 VALMAP 132 INGHAM AVE FIVE DOCK 2046 35/9978 / X /

392.0000 21-Feb-15 $1,445,000 1.3716-Apr-15

R2RSS

139 $990,250 $990,250 $721,000$2,526 $2,526 $1,839 1.37No

$990,250 $990,250 $721,000

392

Square MetresAC 1M

AJ431726

1903876 VALMAP 98 A INGHAM AVE FIVE DOCK 2046 A/398324 9.55 / 7.52 X 52.5 / 58.09

423.7000 27-Jun-15 $1,360,000 1.3621-Sep-15

R2RSS

139 $1,021,000 $1,021,000 $748,000$2,410 $2,410 $1,765 1.36No

$1,021,000 $1,021,000 $748,000

424

Square MetresAC 1M

AJ866846

1904334 VALMAP 51 KINGS RD FIVE DOCK 2046 1/964020 7.62 / X 38.02 /

284.5000 28-Feb-15 $960,000 1.3213-Apr-15

R2RSS

139 $723,750 $723,750 $548,000$2,544 $2,544 $1,926 1.32No

$723,750 $723,750 $548,000

284

Square MetresAC 1M

AJ408031







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1904553 4 LAVENDER ST FIVE DOCK

2046 5/3/1286 12.19 / X 36.58 442.6000 21-Jul-14 $1,425,000 1.13

20-Oct-14B6

SBB139 $790,000 $790,000 $700,000

$1,785 $1,785 $1,582 1.13No$790,000 $790,000 $700,000

443

Square MetresIW 1M

AI993050

1904595 VALMAP 18 LEA AVE RUSSELL LEA 2046 C/414206 16.97 / 15.16 X 33.12 / 40.72

556.4000 17-Oct-14 $1,895,000 1.3408-Dec-14

R2RSS

139 $1,269,000 $1,269,000 $946,000$2,281 $2,281 $1,700 1.34No

$1,269,000 $1,269,000 $946,000

556

Square MetresAC 1M

AJ124195

1904844 VALMAP 18 LYONS RD DRUMMOYNE 2047 3/8816 12.5 / X 44.81 /

560.1300 08-May-15 $2,800,000 1.3719-Jun-15

R3RFD

139 $1,824,000 $1,824,000 $1,330,000$3,256 $3,256 $2,374 1.37No

$1,824,000 $1,824,000 $1,330,000

560

Square MetresAC 1M

AJ590594

1904949 134 LYONS RD DRUMMOYNE 2047 9/980 9.955 / 9.955 X 42.365 / 42.365

417.3000 19-Jan-15 $1,850,000 1.3230-Apr-15

B1SLL

139 $1,040,000 $1,040,000 $789,000$2,492 $2,492 $1,891 1.32No

$1,040,000 $1,040,000 $789,000

417

Square MetresBS 1M

AJ495760

1905403 VALMAP 199 LYONS RD DRUMMOYNE 2047 18/5229 14.63 / X 44.5 /

657.6000 13-Jun-14 $1,175,000 1.0117-Jun-14

B1CVN

139 $811,000 $811,000 $801,000$1,233 $1,233 $1,218 1.01No

$811,000 $811,000 $801,000

658

Square MetresAC 1M

AI668271

1905405 197 LYONS RD DRUMMOYNE 2047 100/802582 / X /

616.8000 17-Jun-14 $1,300,000 1.6217-Jun-14

B1CVN

139 $1,300,000 $1,300,000 $801,000$2,108 $2,108 $1,299 1.62No

$1,300,000 $1,300,000 $801,000

617

Square MetresACI 1M

AI668312

1905511 VALMAP 532 LYONS RD W FIVE DOCK 2046 3/29534 13.72 / 13.11 X 30.48 / 30.48

398.4000 30-Oct-14 $1,225,000 1.3218-Dec-14

R2RSS

139 $864,500 $864,500 $654,000$2,170 $2,170 $1,642 1.32No

$864,500 $864,500 $654,000

398

Square MetresAC 1M

AJ174535

1905938 VALMAP 18 MILLAR ST DRUMMOYNE 2047 1/115676 13.41 / X 42.67 /

569.0000 06-Dec-14 $1,850,000 1.3519-Jan-15

R2RGG

139 $1,429,500 $1,429,500 $1,060,000$2,512 $2,512 $1,863 1.35No

$1,429,500 $1,429,500 $1,060,000

569

Square MetresAC 1M

AJ219694

1905958 VALMAP 60 MILLAR ST DRUMMOYNE 2047 3/302738 11.049 / 10.719 X 41.15 / 41.15

447.0000 29-Nov-14 $1,680,000 1.3827-Jan-15

R2RGG

139 $1,246,000 $1,246,000 $905,000$2,787 $2,787 $2,025 1.38No

$1,246,000 $1,246,000 $905,000

447

Square MetresAC 1M

AJ247335







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1906019 VALMAP 6 MITCHELL ST FIVE DOCK

2046 41/14586 12.19 / 14.2 X 30 / 37.24

404.7000 05-Mar-15 $1,505,000 1.4015-May-15

R2RSS

139 $1,011,000 $1,011,000 $721,000$2,498 $2,498 $1,782 1.40No

$1,011,000 $1,011,000 $721,000

405

Square MetresAC 1M

AJ507493

1906340 VALMAP 16 MYALORA ST RUSSELL LEA 2046 7/D/7156 15.24 / X 45.72 /

696.7700 15-Nov-14 $1,980,000 1.3120-Jan-15

R2RSS

139 $1,576,000 $1,576,000 $1,200,000$2,262 $2,262 $1,722 1.31No

$1,576,000 $1,576,000 $1,200,000

697

Square MetresAC 1M

AJ215337

1906783 61 PARRAMATTA RD FIVE DOCK 2046 1/90833 A/360990 B/366113 13, 14, 15, 16/718237 66.35 / 29.781 X 187.072 IRREGULR / 164.975 IRREGULR

8,662.2998 06-Nov-14 $24,500,000 2.5419-Dec-14

B6SBB

139 $19,750,000 $19,750,000 $7,780,000$2,280 $2,280 $898 2.54No

$19,750,000 $19,750,000 $7,780,000

8662

Square MetresBY 1M

AJ128330

1906785 77 PARRAMATTA RD FIVE DOCK 2046 11/718237 / X /

461.6000 03-Feb-15 $1,525,000 1.1119-Mar-15

B6SBB

139 $1,065,000 $1,065,000 $957,000$2,307 $2,307 $2,073 1.11No

$1,065,000 $1,065,000 $957,000

462

Square MetresBY 1M

AJ492345

1906985 VALMAP 12 POTTER ST RUSSELL LEA 2046 18/11272 10.36 / X 30.48 /

315.7700 15-Aug-15 $1,665,000 1.4426-Oct-15

R2RSS

139 $1,111,000 $1,111,000 $771,000$3,518 $3,518 $2,442 1.44No

$1,111,000 $1,111,000 $771,000

316

Square MetresAC 1M

AJ942747

1907042 VALMAP 54 PRESTON AVE FIVE DOCK 2046 39/22563 13.41 / 13.79 X 27.25 / 30.48

385.7000 27-Feb-15 $1,790,000 1.3010-Jun-15

R2RVV

139 $1,425,000 $1,425,000 $1,100,000$3,695 $3,695 $2,852 1.30No

$1,425,000 $1,425,000 $1,100,000

386

Square MetresAC 1M

AJ552880

1907237 VALMAP 144 QUEENS RD FIVE DOCK 2046 4/651951 15.24 / 15.24 X 29.87 / 29.87

455.3000 13-Apr-15 $1,050,000 1.3506-Jul-15

R2RSS

139 $836,000 $836,000 $621,000$1,836 $1,836 $1,364 1.35No

$836,000 $836,000 $621,000

455

Square MetresAC 1M

AJ656545

1907248 VALMAP 166 QUEENS RD FIVE DOCK 2046 42/12158 12.19 / X 34.14 /

411.0000 14-Mar-15 $1,310,000 1.4414-Apr-15

R2RSS

139 $771,750 $771,750 $536,000$1,878 $1,878 $1,304 1.44No

$771,750 $771,750 $536,000

411

Square MetresAC 1M

AJ480087

1907254 15 QUEEN VICTORIA ST DRUMMOYNE 2047 39, 40/456200 10.67 / X 38.02 /

388.0000 30-Sep-14 $1,930,000 1.2023-Oct-14

R3RFD

139 $1,225,000 $1,345,000 $1,020,000$3,157 $3,466 $2,629 1.32No

$1,225,000 $1,345,000 $1,020,000

388

Square MetresAC 1M

AI979496







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1907356 67 RAMSAY RD FIVE DOCK

2046 6/21487 / X / 132.8000 28-Oct-14 $1,260,000 4.06

28-Oct-14B4

SFF139 $1,260,000 $660,000 $310,000

$9,488 $4,970 $2,334 2.13No$1,260,000 $660,000 $310,000

133

Square MetresBS 1M

AJ110481

1907385 VALMAP 17 RAYNOR AVE ABBOTSFORD 2046 32/14102 13.11 / X 30.48 /

398.4000 18-Oct-14 $1,332,000 1.2326-Nov-14

R2RPP

139 $987,500 $987,500 $806,000$2,479 $2,479 $2,023 1.23No

$987,500 $987,500 $806,000

398

Square MetresAC 1M

AJ89591

1907523 VALMAP 31 REGATTA RD CANADA BAY 2046 B/316456 11.73 / X 30.96 /

363.1600 12-May-15 $1,210,000 1.3007-Jul-15

R3RSD

139 $941,000 $941,000 $722,000$2,591 $2,591 $1,988 1.30No

$941,000 $941,000 $722,000

363

Square MetresAC 1M

AJ654189

1907698 VALMAP 99 RENWICK ST DRUMMOYNE 2047 3/230434 6.27 / 5.97 X 30.45 / 30.48

183.4000 28-Apr-15 $1,500,000 1.4915-Jun-15

R2RFF

139 $897,500 $897,500 $603,000$4,894 $4,894 $3,288 1.49No

$897,500 $897,500 $603,000

183

Square MetresAC 1M

AJ583396

1907723 VALMAP 58 RENWICK ST DRUMMOYNE 2047 1/946794 9.45 / 9.45 X 33.29 / 33.66

316.2000 14-Feb-15 $1,676,000 1.3930-Mar-15

R2RFF

139 $1,192,000 $1,192,000 $860,000$3,770 $3,770 $2,720 1.39No

$1,192,000 $1,192,000 $860,000

316

Square MetresAC 1M

AJ385209

1907726 VALMAP 52 RENWICK ST DRUMMOYNE 2047 29/3/862 9.14 / X 34.44 /

314.7800 06-Dec-14 $1,755,000 1.3630-Jan-15

R2RFF

139 $1,188,500 $1,188,500 $873,000$3,776 $3,776 $2,773 1.36No

$1,188,500 $1,188,500 $873,000

315

Square MetresAC 1M

AJ248269

1907814 VALMAP 18 RICKARD ST RODD POINT 2046 C/317359 10.06 / X 39.12 /

393.5500 13-Dec-14 $1,470,000 1.4011-Feb-15

R2RSS

139 $1,142,500 $1,142,500 $816,000$2,903 $2,903 $2,073 1.40No

$1,142,500 $1,142,500 $816,000

394

Square MetresAC 1M

AJ278902

1908118 VALMAP 15 ROWLEY RD RUSSELL LEA 2046 54/7717 14.63 / X 36.58 /

535.1700 02-May-15 $2,000,000 1.3313-Jul-15

R2RSS

139 $1,415,000 $1,415,000 $1,060,000$2,644 $2,644 $1,981 1.33No

$1,415,000 $1,415,000 $1,060,000

535

Square MetresAC 1M

AJ656744

1908133 VALMAP 14 ROWLEY RD RUSSELL LEA 2046 3/309917 / X /

366.7000 22-Nov-14 $1,350,000 1.3321-Jan-15

R2RSS

139 $1,024,500 $1,024,500 $772,000$2,794 $2,794 $2,105 1.33No

$1,024,500 $1,024,500 $772,000

367

Square MetresAC 1M

AJ216157







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1908248 VALMAP 43 ST ALBANS ST

ABBOTSFORD 2046 33/16565 12.8 / X 33.53 /

404.7000 13-Dec-14 $1,530,000 1.3920-Mar-15

R2RPP

139 $1,530,000 $1,430,000 $1,100,000$3,781 $3,533 $2,718 1.30No

$1,530,000 $1,430,000 $1,100,000

405

Square MetresAC 1M

AJ358682

1908274 VALMAP 12 ST ALBANS ST ABBOTSFORD 2046 2/314318 15.93 / X 40.28 / 37.92

632.0000 16-Feb-15 $2,100,000 1.2205-Jun-15

R2RPP

139 $1,496,000 $1,496,000 $1,230,000$2,367 $2,367 $1,946 1.22No

$1,496,000 $1,496,000 $1,230,000

632

Square MetresAC 1M

AJ574272

1908960 VALMAP 77 ST GEORGES CRES DRUMMOYNE 2047 2/304253 7.874 / 7.684 X 47.733 / 49.454

373.3000 16-May-15 $2,800,000 1.4310-Jul-15

R3RFD

139 $1,570,000 $1,570,000 $1,100,000$4,206 $4,206 $2,947 1.43No

$1,570,000 $1,570,000 $1,100,000

373

Square MetresAC 1M

AJ653952

1909097 VALMAP 27 SIBBICK ST RUSSELL LEA 2046 1/313291 7.62 / X 39.12 /

298.0900 21-Feb-15 $1,260,000 1.3502-Apr-15

R2RSS

139 $841,750 $841,750 $623,000$2,824 $2,824 $2,090 1.35No

$841,750 $841,750 $623,000

298

Square MetresAC 1M

AJ397463


322.5000 18-Dec-14 $1,140,000 1.3329-Jan-15

R3RSD

139 $901,500 $901,500 $678,000$2,795 $2,795 $2,102 1.33No

$901,500 $901,500 $678,000

322

Square MetresAC 1M

AJ247566


555.4700 21-Feb-15 $1,760,000 1.4007-Apr-15

R2RSS

139 $1,326,500 $1,326,500 $946,000$2,388 $2,388 $1,703 1.40No

$1,326,500 $1,326,500 $946,000

555

Square MetresAC 1M

AJ422728

1909551 VALMAP 28 THERRY ST DRUMMOYNE 2047 1/982506 6.71 / X 40.23 IRREGULR /

265.5000 15-May-15 $1,380,000 1.5426-Jun-15

R2RGG

139 $971,500 $971,500 $631,000$3,659 $3,659 $2,377 1.54No

$971,500 $971,500 $631,000

266

Square MetresAC 1M

AJ606510

1909603 VALMAP 124 THOMPSON ST DRUMMOYNE 2047 14/208708 13.41 / X 39.01 / 38.99

518.5000 25-Oct-14 $1,964,000 1.3808-Dec-14

R2RGG

139 $1,459,500 $1,459,500 $1,060,000$2,815 $2,815 $2,044 1.38No

$1,459,500 $1,459,500 $1,060,000

518

Square MetresAC 1M

AJ121654

1909677 VALMAP 15 THOMPSON ST DRUMMOYNE 2047 6/6570 12.19 / X 36.58 /

445.9100 06-Jun-15 $2,420,000 1.3228-Aug-15

R2RVV

139 $1,844,000 $1,844,000 $1,400,000$4,135 $4,135 $3,140 1.32No

$1,844,000 $1,844,000 $1,400,000

446

Square MetresAC 1M

AJ811121







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1909689 VALMAP 39 THOMPSON ST

DRUMMOYNE 2047 1/312742 8.23 / X 36.58 /

297.2000 09-Sep-14 $1,500,000 1.1804-Nov-14

R2RGG

139 $956,000 $1,101,000 $810,000$3,217 $3,705 $2,725 1.36No

$956,000 $1,101,000 $810,000

297

Square MetresAC 1M

AJ52487

1909701 VALMAP 65 THOMPSON ST DRUMMOYNE 2047 1/115681 28.37 / 20.12 X 9.76 / 29.87

398.4000 28-Feb-15 $1,580,000 1.3302-Apr-15

R2RGG

139 $1,152,900 $1,152,900 $868,000$2,894 $2,894 $2,179 1.33No

$1,152,900 $1,152,900 $868,000

398

Square MetresAC 1M

AJ394937

1909709 VALMAP 81 THOMPSON ST DRUMMOYNE 2047 14/1196 10.06 / X 27.43 /

275.9500 08-Nov-14 $1,401,000 1.3219-Dec-14

R2RGG

139 $971,000 $971,000 $737,000$3,519 $3,519 $2,671 1.32No

$971,000 $971,000 $737,000

276

Square MetresAC 1M

AJ156228

1909710 VALMAP 83 THOMPSON ST DRUMMOYNE 2047 B/960458 / X /

275.9000 21-Nov-14 $1,410,000 1.3216-Jan-15

R2RGG

139 $971,500 $971,500 $737,000$3,521 $3,521 $2,671 1.32No

$971,500 $971,500 $737,000

276

Square MetresAC 1M

AJ208144

1910224 VALMAP 34 TYLER CRES ABBOTSFORD 2046 40/35143 16.84 IRREGULR / 15.6 X 33.53 / 33.53

505.9000 18-Oct-14 $1,414,000 1.3117-Nov-14

R2RPP

139 $1,097,000 $1,097,000 $837,000$2,168 $2,168 $1,654 1.31No

$1,097,000 $1,097,000 $837,000

506

Square MetresAC 1M

AJ41435

1910260 VALMAP 2 ULLATHORNE ST DRUMMOYNE 2047 1/11206 9.75 / X 31.78 /

309.8600 27-Nov-14 $1,560,000 1.3215-Jan-15

R2RGG

139 $1,083,000 $1,083,000 $819,000$3,495 $3,495 $2,643 1.32No

$1,083,000 $1,083,000 $819,000

310

Square MetresAC 1M

AJ201885

1910288 VALMAP 14 UNDINE ST RUSSELL LEA 2046 2/602317 8.59 / 8.67 X 39.73 / 39.93

343.6200 10-Mar-15 $1,810,000 1.3315-May-15

R2RVV

139 $1,072,000 $1,072,000 $805,000$3,120 $3,120 $2,343 1.33No

$1,072,000 $1,072,000 $805,000

344

Square MetresAC 1M

AJ504518

1910488 297 VICTORIA PL DRUMMOYNE 2047 6/225474 20.85 / 21.03 X 44.96 / 44.12

929.5000 24-Oct-14 $2,670,000 1.0118-Nov-14

R3RDD

139 $2,100,000 $2,350,000 $2,070,000$2,259 $2,528 $2,227 1.14No

$700,000 $783,333 $690,000

310

Home UnitsAC 3M

AJ59688

1910534 VALMAP 325 VICTORIA PL DRUMMOYNE 2047 8/238950 14.66 / 9.91 X 51.84 / 51.51

632.3000 18-Jul-15 $2,400,000 1.2531-Aug-15

R2RVV

139 $2,016,900 $2,016,900 $1,610,000$3,190 $3,190 $2,546 1.25No

$2,016,900 $2,016,900 $1,610,000

632

Square MetresAC 1M

AJ775352







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.1910804 192 VICTORIA RD

DRUMMOYNE 2047 1/934833 / X /

464.5200 17-Sep-14 $1,620,000 1.0507-Nov-14

B4SVV

139 $1,620,000 $1,620,000 $1,550,000$3,487 $3,487 $3,337 1.05No

$1,620,000 $1,620,000 $1,550,000

465

Square MetresBS 1M

AJ61162

1910808 184 VICTORIA RD DRUMMOYNE 2047 7/2/862 9.14 / X 30.48 /

278.2000 24-Jun-14 $1,180,000 0.8623-Sep-14

B4SVV

139 $750,000 $1,050,000 $875,000$2,696 $3,774 $3,145 1.20No

$750,000 $1,050,000 $875,000

278

Square MetresBS 1M

AJ82798

1910912 171 VICTORIA RD DRUMMOYNE 2047 101/730211 9.14 / 5.01 X 29.6 IRREGULR / 25.4

203.8000 26-Mar-14 $1,425,000 1.4526-Sep-14

B4SVV

139 $1,425,000 $1,425,000 $985,000$6,992 $6,992 $4,833 1.45No

$1,425,000 $1,425,000 $985,000

204

Square MetresBSO 1M

AI939255

1910913 173 VICTORIA RD DRUMMOYNE 2047 1/660376 / X /

113.8000 26-Mar-14 $950,000 1.5626-Sep-14

B4SVV

139 $950,000 $950,000 $608,000$8,348 $8,348 $5,343 1.56No

$950,000 $950,000 $608,000

114

Square MetresBSO 1M

AI939258

1910914 175 VICTORIA RD DRUMMOYNE 2047 1/653478 / X /

113.8000 26-Mar-14 $950,000 1.5624-Jun-14

B4SVV

139 $950,000 $950,000 $608,000$8,348 $8,348 $5,343 1.56No

$950,000 $950,000 $608,000

114

Square MetresBSO 1M

AI939257

1910915 177 VICTORIA RD DRUMMOYNE 2047 1/503726 9.14 / X 25.37 /

227.6000 26-Mar-14 $1,675,000 0.7026-Mar-14

B4SVV

139 $1,165,000 $1,315,000 $1,660,000$5,119 $5,778 $7,293 0.79No

$1,165,000 $1,315,000 $1,660,000

228

Square MetresBSO 1M

AI939256

1911382 VALMAP 51 WAREEMBA ST WAREEMBA 2046 27/9883 12.5 / X 34.39 / 34.09

423.7000 08-Nov-14 $1,500,000 1.3220-Jan-15

R2RSS

139 $1,117,000 $1,117,000 $848,000$2,636 $2,636 $2,001 1.32No

$1,117,000 $1,117,000 $848,000

424

Square MetresAC 1M

AJ224594

1911516 VALMAP 37 WATERVIEW ST FIVE DOCK 2046 3/311193 18.57 / 18.49 X 21.95 /

404.7000 06-Feb-15 $1,600,000 1.4216-Mar-15

R3RSD

139 $1,072,000 $1,072,000 $753,000$2,649 $2,649 $1,861 1.42No

$1,072,000 $1,072,000 $753,000

405

Square MetresAC 1M

AJ333775

2819790 19 A ROSEBY ST DRUMMOYNE 2047 110/1019787 / X /

2.2690 08-Oct-14 $310,000,000 22.9601-Dec-14

B4SXX

139 $310,000,000 $310,000,000 $13,500,000$136,624,060 $136,624,060 $5,949,757 22.96No$310,000,000 $310,000,000 $13,500,000

2

Square MetresBR 1H

AJ266478







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.2819790 19 A ROSEBY ST DRUMMOYNE

2047 110/1019787 / X / 2.2690 08-Oct-14 $310,000,000 22.96

01-Dec-14B4

SXX139 $310,000,000 $310,000,000 $13,500,000

$136,624,060 $136,624,060 $5,949,757 22.96No$310,000,000 $310,000,000 $13,500,000

2

Square MetresBRO 1H

AJ261621


1.3400 08-Oct-14 $310,000,000 38.2701-Dec-14

B4SXX

139 $310,000,000 $310,000,000 $8,100,000$231,343,278 $231,343,278 $6,044,776 38.27No$310,000,000 $310,000,000 $8,100,000

1

Square MetresBR 1H

AJ266478


1.3400 08-Oct-14 $310,000,000 38.2701-Dec-14

B4SXX

139 $310,000,000 $310,000,000 $8,100,000$231,343,278 $231,343,278 $6,044,776 38.27No$310,000,000 $310,000,000 $8,100,000

1

Square MetresBRO 1H

AJ261621

2820102 VALMAP 5 RIVERVIEW ST CHISWICK 2046 861/1023684 14.24 / 16.53 IRREGULR X 32.15 / 36.15

511.3000 11-Oct-14 $1,700,000 1.1508-Dec-14

R2RPP

139 $1,416,000 $1,516,000 $1,230,000$2,769 $2,965 $2,406 1.23No

$1,416,000 $1,516,000 $1,230,000

511

Square MetresAC 1M

AJ111561


392.0000 13-Sep-14 $1,037,000 2.1520-Mar-15

R1FDD

139 $1,037,000 $1,037,000 $482,000$2,645 $2,645 $1,230 2.15No

$1,037,000 $1,037,000 $482,000

392

Square MetresIWO 1M

AJ375957


316.1000 13-Sep-14 $1,037,000 2.1520-Mar-15

R1FDD

139 $1,037,000 $1,037,000 $482,000$3,281 $3,281 $1,525 2.15No

$1,037,000 $1,037,000 $482,000

316

Square MetresIWO 1M

AJ375958

2830235 29 L BRAYS RD BREAKFAST POINT 2137 31/1025319 17.795 IRREGULR / 16.55 X 30 / 27

492.0000 27-Sep-14 $1,750,000 1.2203-Nov-14

R2EBP

139 $1,223,000 $1,223,000 $1,000,000$2,486 $2,486 $2,033 1.22No

$1,223,000 $1,223,000 $1,000,000

492

Square MetresAC 1M

AJ20242

2830236 VALMAP 2 ADAMS ST BREAKFAST POINT 2137 32/1025319 15.35 / 17.215 IRREGULR X 25.5 / 30

450.4000 01-May-15 $1,950,000 1.3526-Jun-15

R2EBP

139 $1,279,500 $1,279,500 $949,000$2,841 $2,841 $2,107 1.35No

$1,279,500 $1,279,500 $949,000

450

Square MetresAC 1M

AJ806094

2847095 VALMAP 11 BISHOP ST BREAKFAST POINT 2137 14/1028070 15 / 15 X 30 / 30

450.0000 11-Nov-14 $2,350,000 1.2709-Feb-15

R2EBP

139 $1,266,000 $1,266,000 $1,000,000$2,813 $2,813 $2,222 1.27No

$1,266,000 $1,266,000 $1,000,000

450

Square MetresAC 1M

AJ245126







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.2850800 VALMAP 12 FAIRWATER DR

BREAKFAST POINT 2137 14/270262 15 / 15 X 30.295 / 30.285

454.3000 12-Jun-15 $2,325,000 1.3110-Jul-15

R2EBP

139 $1,390,000 $1,390,000 $1,060,000$3,060 $3,060 $2,333 1.31No

$1,390,000 $1,390,000 $1,060,000

454

Square MetresAC 1M

AJ676045

2881327 VALMAP 2 EDGEWOOD CRES CABARITA 2137 6/270282 30.005 / 30.005 X 13.5 / 13.5

405.0000 31-Mar-15 $1,750,000 1.3221-Apr-15

R3EKD

139 $1,350,000 $1,350,000 $1,020,000$3,333 $3,333 $2,519 1.32No

$1,350,000 $1,350,000 $1,020,000

405

Square MetresAC 1M

AJ431060

2918192 25 REGATTA RD FIVE DOCK 2046 1/1034085 / X /

921.3000 06-May-14 $1,980,000 1.0218-Aug-14

IN1DSS

139 $1,095,000 $1,145,000 $1,070,000$1,189 $1,243 $1,161 1.07No

$1,095,000 $1,145,000 $1,070,000

921

Square MetresIF 1M

AI851622

2919105 VALMAP 7 BREAKFAST POINT BVD BREAKFAST POINT 2137 13/270300 7.2 / 7.21 X 25 / 25

179.8000 25-Feb-15 $1,789,822 1.3229-May-15

R2EBP

139 $954,822 $954,822 $724,000$5,310 $5,310 $4,027 1.32No

$954,822 $954,822 $724,000

180

Square MetresAC 1M

AJ594326

2937521 VALMAP 18 PHILLIPS ST CABARITA 2137 90/270193 13 / 13.13 X 37.43 / 35.59

474.6000 17-Mar-15 $2,450,000 1.3309-Jun-15

R3EKD

139 $1,545,000 $1,545,000 $1,160,000$3,255 $3,255 $2,444 1.33No

$1,545,000 $1,545,000 $1,160,000

475

Square MetresAC 1M

AJ564378

2942464 VALMAP 7 RENWICK ST DRUMMOYNE 2047 65/2/862 9.14 / 9.14 X 30.48 / 30.48

278.2000 20-Mar-15 $1,700,000 1.3919-Jun-15

R2RFF

139 $1,076,500 $1,076,500 $774,000$3,870 $3,870 $2,782 1.39No

$1,076,500 $1,076,500 $774,000

278

Square MetresAC 1M

AJ595380

2958908 19 ROSEBY ST DRUMMOYNE 2047 22/1048283 / X /

5,749.0000 08-Oct-14 $310,000,000 46.9701-Dec-14

B4SXX

139 $310,000,000 $310,000,000 $6,600,000$53,922 $53,922 $1,148 46.97No

$310,000,000 $310,000,000 $6,600,000

5749

Square MetresBRO 1M

AJ261621

2958908 19 ROSEBY ST DRUMMOYNE 2047 22/1048283 / X /

5,749.0000 08-Oct-14 $310,000,000 46.9701-Dec-14

B4SXX

139 $310,000,000 $310,000,000 $6,600,000$53,922 $53,922 $1,148 46.97No

$310,000,000 $310,000,000 $6,600,000

5749

Square MetresBR 1M

AJ266478

2987088 VALMAP 43 BROUGHTON ST DRUMMOYNE 2047 502/1052559 8.03 / 8.05 X 37.18 / 37.185

299.5000 16-Feb-15 $1,900,000 1.3622-Apr-15

R2RGG

139 $1,219,500 $1,219,500 $896,000$4,072 $4,072 $2,992 1.36No

$1,219,500 $1,219,500 $896,000

300

Square MetresAC 1M

AJ456877







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.3057249 VALMAP 5 WINDWARD PDE CHISWICK

2046 511/1060925 8.7 / X 25 / 217.5000 28-Mar-15 $1,260,000 1.39

11-May-15R3

RPD139 $838,000 $838,000 $602,000

$3,853 $3,853 $2,768 1.39No$838,000 $838,000 $602,000

218

Square MetresAC 1M

AJ484472

3062079 75 LYONS RD DRUMMOYNE 2047 2/1060127 8.055 / 6.755 X 23.955 IRREGULR / 22.385 IRREGULR

159.4000 03-Nov-14 $1,320,000 1.3331-Mar-15

B1SLL

139 $685,000 $685,000 $514,000$4,297 $4,297 $3,225 1.33No

$685,000 $685,000 $514,000

159

Square MetresBS 1M

AJ598569

3063335 25 EDGEWOOD CRES CABARITA 2137 76/270282 / X /

209.8000 28-Nov-14 $1,650,000 1.2619-Jan-15

R3EKD

139 $856,000 $931,000 $679,000$4,080 $4,438 $3,236 1.37No

$856,000 $931,000 $679,000

210

Square MetresAC 1M

AJ237153

3127977 8 CATHERINE SPENCE PL CABARITA 2137 101/270282 / X /

352.1000 01-Nov-14 $1,645,000 1.2725-Nov-14

R3EKD

139 $1,071,250 $1,111,250 $845,000$3,042 $3,156 $2,400 1.32No

$1,071,250 $1,111,250 $845,000

352

Square MetresAC 1M

AJ72392


279.1000 02-Mar-15 $1,430,000 2.8411-May-15

R4LER

139 $1,430,000 $1,430,000 $504,000$5,124 $5,124 $1,806 2.84No

$1,430,000 $1,430,000 $504,000

279

Square MetresBS 1M

AJ496695

3307948 Unit 9 F/10 MARQUET ST RHODES 2138 69/1103615 / X /

312.6000 26-Aug-14 $1,220,000 2.1107-Oct-14

R4LER

139 $1,220,000 $1,220,000 $579,000$3,903 $3,903 $1,852 2.11No

$1,220,000 $1,220,000 $579,000

313

Square MetresAC 1M

AI978765

3308350 Unit 9 L/10 MARQUET ST RHODES 2138 89/1103670 / X /

237.2000 26-Aug-14 $1,040,000 2.3007-Oct-14

R4LER

139 $1,040,000 $1,040,000 $452,000$4,384 $4,384 $1,906 2.30No

$1,040,000 $1,040,000 $452,000

237

Square MetresAC 1M

AI944162


235.3000 07-Nov-14 $915,000 2.1119-Dec-14

R4LER

139 $915,000 $915,000 $433,000$3,889 $3,889 $1,840 2.11No

$915,000 $915,000 $433,000

235

Square MetresAC 1M

AJ177767

3308354 Unit 13 L/10 MARQUET ST RHODES 2138 93/1103670 / X /

228.8000 08-Mar-14 $950,000 2.1904-Apr-14

R4LER

139 $950,000 $950,000 $433,000$4,152 $4,152 $1,892 2.19No

$950,000 $950,000 $433,000

229

Square MetresAC 1M

AI500397







Contract: Transfer:


$ / Anal.Type

Adjusted LV: $ / m2

$ / Anal.Type

LLT LV:$ / m2

$ / Anal.Type

Fctrs:Anal:Adj:



Dealing No.3317239 OULTON AVE CONCORD WEST

2138 212/1112512 / X / 4,148.0000 07-May-14 $1,500,000 5.71

27-May-15B4

LBR139 $1,000,000 $1,000,000 $175,000

$241 $241 $42 5.71No$1,000,000 $1,000,000 $175,000

4148

Square MetresBV 1M

AJ536143

3386546 VALMAP 3 VINEYARD WAY BREAKFAST POINT 2137 82/270347 8.6 / 9.835 X 34.495 / 38.615

317.6000 27-Mar-15 $1,820,000 1.3329-Apr-15

R2EBP

139 $1,026,500 $1,026,500 $770,000$3,232 $3,232 $2,424 1.33No

$1,026,500 $1,026,500 $770,000

318

Square MetresAC 1M

AJ457690

3426975 VALMAP 137 PENINSULA DR BREAKFAST POINT 2137 6/286191 25 / 6.405 IRREGULR X 36.33 / 44.525

601.4000 05-Mar-15 $2,680,000 1.2227-May-15

R2EBP

139 $2,375,500 $2,375,500 $1,950,000$3,950 $3,950 $3,242 1.22No

$2,375,500 $2,375,500 $1,950,000

601

Square MetresAD 1M

AJ528661

3494387 VALMAP 159 PENINSULA DR BREAKFAST POINT 2137 10/286265 11.1 IRREGULR / 16.145 IRREGULR X 31.405 / 30.995 IRREGULR

422.3000 26-Mar-15 $2,993,000 1.2530-Mar-15

R2EBP

139 $2,329,500 $2,329,500 $1,860,000$5,516 $5,516 $4,404 1.25No

$2,329,500 $2,329,500 $1,860,000

422

Square MetresAC 1M

AJ377068

3837937 VALMAP 23 COLLINGWOOD ST DRUMMOYNE 2047 30/4/964 1/961267 15.24 / 15.24 X 54.68 / 54.76

828.4000 17-Apr-15 $3,200,000 1.3415-Jul-15

R3RFD

139 $2,050,000 $2,050,000 $1,525,000$2,475 $2,475 $1,841 1.34No

$2,050,000 $2,050,000 $1,525,000

828

Square MetresAC 1M

AJ676451



Region Month Qtr YOY

Sydney 1.4% 2.4% 13.0% 17.5% $723,000

Melbourne 2.7% 1.5% 7.0% 10.7% $561,000

Brisbane 0.6% 1.8% 4.6% 9.5% $458,000

Adelaide -1.2% 0.3% 3.1% 7.6% $410,000

Perth -0.6% 2.2% 2.6% 6.9% $525,000

Hobart 1.6% 4.4% 3.0% 8.6% $341,000

Darwin -1.3% -2.6% 1.4% 7.6% $525,000

Canberra 0.9% -0.2% -0.3% 4.0% $523,000

Combined capitals 1.3% 1.9% 8.0% 12.2% $555,000

Rest of state* -0.1% 0.3% 2.1% $355,000

Median dwelling

price

Change in dwelling values Total gross

returns

CoreLogic RP Data January 2015 Hedonic Home Value Index Results

National Media Release

Housing market starts the year on strong footing Two-tiered housing market dynamics persisted over the first month of 2015, with strong gains recorded across Sydney and Melbourne, pushing capital city dwelling values 1.3 per cent higher.

Released: Monday, February 2, 2015 – For Immediate release

Highlights over the three months to January 2015

Best performing capital city: Hobart +4.4 per cent

Weakest performing capital city: Darwin -2.6 per cent

Highest rental yields: Darwin houses with gross rental yield of 6.0 per

cent and Darwin Units at 5.9 per cent

Lowest rental yields: Melbourne houses with gross rental yield of 3.2 per

cent and Melbourne units at 4.2 per cent

Most expensive city: Sydney with a median dwelling price of $723,000

Most affordable city: Hobart with a median dwelling price of $341,000

* Rest of state change in values are for houses only to end of December

Index results as at January 31, 2015

Change in dwelling values

from previous market peak


from market trough

Annual change in dwelling

values over past 10 years


over past twelve months

The January CoreLogic RP Data Home Value Index results showed capital city dwelling values rose by 1.3 per cent over the first month of the year, indicating a strong start for the housing market in 2015.

While the headline reading is strong, overall housing market performance varied substantially between the capital cities. The largest cities, which have more influence over the combined capital city index due to the high number of dwellings, continued to push the aggregate index higher. Melbourne values were up 2.7 per cent over the month and Sydney values increased by 1.4 per cent. Hobart also recorded a strong monthly result with dwelling values up 1.6 per cent.

Three capital cities recorded a decline in dwelling values over the month, with Darwin values down 1.3 per cent, Adelaide recorded a 1.2 per cent decline, whilst Perth values were down 0.6 per cent over the month.

The quarterly change revealed a clearer picture for housing market conditions, with the combined capitals index recording a 1.9 per cent gain over the three months ending January.

While Sydney continued to be the standout for capital gains, the most significant increase in dwelling values over the past three months was recorded in Hobart where dwelling values moved 4.4 per cent higher, eclipsing the 2.4 per cent capital gain in Sydney, which was the second highest quarterly reading across the capitals.

According to CoreLogic RP Data Head of Research Tim Lawless, having Hobart produce the strongest results over the past quarter is certainly a unique occurrence.

“Generally, Hobart has recorded the lowest rate of capital gain since the onset of the GFC, however housing market conditions have been improving. Local economic conditions have been improving and Hobart homes are the most affordable of any capital city. Additionally the market is benefitting from the return of ‘lifestyle buyers’. After Darwin, the southernmost capital is also showing the second highest gross rental yields of any other capital city.”

Despite Hobart’s strong quarterly capital gain, Sydney still holds as the city with the highest rate of capital gain over the past twelve months where dwelling values are currently 13 per cent higher. The annual gain in dwelling values across the combined capitals index was 8.0 per cent at the end of January, ranging from a 13 per cent gain in Sydney to a 0.3 per cent reduction in dwelling values across Canberra.

Sydney has also shown the highest aggregated capital growth of any capital city in the years after the GFC.

Mr Lawless commented that since the beginning of 2009, Sydney has been a stand out housing market. From January 2009 through to January 2015 Sydney home values have increased by 57 per cent.

The second highest rate of growth over the same period has been in Melbourne where values are 50 per cent higher. There is a significant gap between the next best performers over the same six year period. Darwin has seen less than half the level of growth at 24 per cent, followed by Canberra at 18 per cent and Perth at 17 per cent total growth” Mr Lawless said.

Houses and units showed an equal rate of capital gain over the month, however the longer trend is clearly showing detached housing to be the stronger performer for capital growth. Across the combined capitals index, detached housing values were 8.2 per cent higher over the past twelve months, compared with a 6.2 per cent capital gain for unit values.

The lower rate of capital gain in the unit market was apparent across most capital cities. The only capital cities where apartments showed a higher capital gain than detached houses were Adelaide (houses +2.9% / Units +4.5%) and Canberra (houses -0.5% / units +1.4%).

According to Mr Lawless, the lower rate of capital gain across the apartment market coincides with higher supply levels across the medium to high density housing sector.

Based on recent ABS data, apartment approvals reached an all-time high in November, which, according to Mr Lawless, is possibly keeping a lid on capital gains across the multi-unit sector of the market. Detached housing values are being driven higher by scarcity of land and lower supply levels.

As capital gains continue to run strong, at least at the combined capital city level, rental markets remain weak. Weekly rents have hardly moved over the past year, up by just 1.7 per cent over the past twelve months. With dwelling values rising at nearly five times the pace of rents, we are seeing a consistent deterioration in rental yields.

A typical Melbourne house is now showing a gross yield of just 3.2 per cent, which is the lowest of any capital city. Sydney isn’t far behind with houses providing an average gross yield of 3.5 per cent.

According to Mr Lawless, the stubbornly strong housing market conditions are likely to be part of the debate at the Reserve Bank’s February board meeting tomorrow.

“Lower interest rates could potentially add further fuel to the housing market, particularly the investor segment, which continues to remain strong based on recent data. The recently released RBA credit aggregates showed investor loan commitments rose by just over 10 per cent last year which is above the threshold that APRA (The Australian Prudential Regulation Authority), indicated they would be comfortable with,” Mr Lawless said.

At the other end of the spectrum is Hobart where dwelling values are unmoved over the six year period, Brisbane values are 9 per cent higher and Adelaide values have moved 10 per cent higher.

According to Mr Lawless, despite the strong start to the year, there is evidence that some heat is leaving the housing market.

“In a sign that housing market conditions are gradually cooling, the rolling annual rate of capital gain has been trending lower. At the end of January the annual rate of dwelling value growth across the combined capitals index had slowed to 8.0 per cent, down from the early 2014 peak of 11.5 per cent.

The gradual slowdown is spread broadly with all capital cities currently recording a slower annual rate of appreciation compared with recent peaks.

“This slower rate of appreciation should provide some comfort to regulators that housing demand is starting to taper, despite the historically low interest rate environment.

“Diminishing affordability levels are likely blocking many price sensitive buyers such as first time buyers and low income families from the market. Additionally, lower rental yields and the prospect of tighter lending conditions for investment loans is likely to moderate the investor segment of the market as well,” Mr Lawless said

National Media Release (Cont’d) Rolling annual change in capital city dwelling values

Media inquiries contact: CoreLogic national communications manager – 07 3114 9879 or [email protected]

About CoreLogic RP Data CoreLogic RP Data is a wholly owned subsidiary of CoreLogic (NYSE: CLGX),which is the largest data and analytics company in the world with revenues of $1.3Bn USD from 50,000 business and government customers and over 1 million end users. CoreLogic RP Data provides property information, analytics and services across Australia and New Zealand and is currently developing and growing partnerships throughout Asia.

With Australia’s most comprehensive property databases, the company’s combined data offering is derived from public, contributory and proprietary sources and includes over 500 million decision points spanning over three decades of collection, providing detailed coverage of property and other encumbrances such as tenancy, location, hazard risk and related performance information. With over 11,000 customers and 120,000 end users, CoreLogic RP Data is the leading provider of property data, analytics and related services to consumers, investors, real estate, mortgage, finance, banking, insurance, developers, wealth management and government.

CoreLogic RP Data delivers value to clients through unique data, analytics, workflow technology, advisory and geo spatial services. Clients rely on CoreLogic RP Data to help identify and manage growth opportunities, improve performance and mitigate risk. CoreLogic RP Data employs over 480 people at nine locations across Australia and in New Zealand. For more information call 1300 734 318 or visit www.corelogic.com.au

Gross rental yields, houses and units

Houses Units

mailto:[email protected]





The indices in grey shading have been designed for trading environments in partnership with the Australian Securities Exchange (www.asx.com.au). Indices under blue shading (Hobart,

Darwin, Canberra, Brisbane and the 8 capital city aggregate) are calculated under the same methodology however are not currently planned to be part of the trading environment.

*The median price is the middle price of all settled sales over the three months to the end of the final month. Median prices are provided as an indicator of what price a typical home sold

for over the most recent quarter. The median price has no direct relationship with the CoreLogic RP Data Hedonic Index value. The change in the Index value over time reflects the

underlying capital growth rates generated by residential property in the relevant region.

The CoreLogic RP Data Hedonic Index growth rates are not ordinarily influenced by capital expenditure on homes, compositional changes in the types of properties being transacted, or

variations in the type and quality of new homes manufactured over time. The CoreLogic RP Data ‘index values’ are not, therefore, the same as the ‘median price’ sold during a given

period. See the methodology below for further details.

Methodology: The CoreLogic RP Data Hedonic Home Value Index is calculated using a hedonic regression methodology that addresses the issue of compositional bias associated with

median price and other measures. In simple terms, the index is calculated using recent sales data combined with information about the attributes of individual properties such as the

number of bedrooms and bathrooms, land area and geographical context of the dwelling. By separating each property comprising the index into its various formational and locational

attributes, differing observed sales values for each property can be separated into those associated with varying attributes and those resulting from changes in the underlying residential

property market. Also, by understanding the value associated with each attribute of a given property, this methodology can be used to estimate the value of dwellings with known

characteristics for which there is no recent sales price by observing the characteristics and sales prices of other dwellings which have recently transacted. It then follows that changes in

the market value of the stock of residential property comprising an index can be accurately tracked through time. RP Data owns and maintains Australia's largest property related database

in Australia which includes transaction data for every home sale within every state and territory. CoreLogic RP Data augments this data with recent sales advice from real estate industry

professionals, listings information and attribute data collected from a variety of sources. For detailed methodological information please visit www.corelogic.com.au

For more information on the CoreLogic RP Data Indices, please go to http://www.corelogic.com.au

Media enquiries contact: Mitch Koper , CoreLogic RP Data national communications manager – 07 3114 9879 or [email protected]

Introduction to the CoreLogic RP Data Daily Hedonic Home Value Index methodology:

The CoreLogic RP Data Hedonic Home Value Index is calculated using a hedonic regression methodology that addresses the issue of

compositional bias associated with median price and other measures. In simple terms, the index is calculated using recent sales data

combined with information about the attributes of individual properties such as the number of bedrooms and bathrooms, land area and

geographical context of the dwelling. By separating each property comprising the index into its various formational and locational

attributes, differing observed sales values for each property can be separated into those associated with varying attributes and those

resulting from changes in the underlying residential property market. Also, by understanding the value associated with each attribute of a

given property, this methodology can be used to estimate the value of dwellings with known characteristics for which there is no recent

sales price by observing the characteristics and sales prices of other dwellings which have recently transacted. It then follows that

changes in the market value of the stock of residential property comprising an index can be accurately tracked through time. CoreLogic

owns and maintains Australia's largest property related database in Australia which includes transaction data for every home sale within

every state and territory. CoreLogic augments this data with recent sales advice from real estate industry professionals, listings

information and attributes data collected from a variety of sources. For detailed methodological information please visit

www.corelogic.com.au.

CoreLogic RP Data Home Value Index tables

Capital Growth to 31 January 2015 Sydney Melbourne

Brisbane -

Gold Coast Adelaide Perth

Australia 5

Capitals

(ASX) Hobart Darwin Canberra Brisbane

Australia

8 Capitals

Table 1A: All Dwellings

Month 1.4% 2.7% 0.8% -1.2% -0.6% 1.3% 1.6% -1.3% 0.9% 0.6% 1.3%

Quarter 2.4% 1.5% 1.9% 0.3% 2.2% 1.9% 4.4% -2.6% -0.2% 1.8% 1.9%

Year-to-Date 1.4% 2.7% 0.8% -1.2% -0.6% 1.3% 1.6% -1.3% 0.9% 0.6% 1.3%

Year-on-Year 13.0% 7.0% 5.2% 3.1% 2.6% 8.2% 3.0% 1.4% -0.3% 4.6% 8.0%

Total Return Year-on-Year 17.5% 10.7% 10.2% 7.6% 6.9% 12.5% 8.6% 7.6% 4.0% 9.5% 12.2%

Median price* based on settled sales over quarter $723,000 $561,000 $458,000 $410,000 $525,000 $555,000 $341,000 $525,000 $523,000 $458,000 $555,000

Table 1B: Houses

Month 1.4% 2.8% 0.9% -1.5% -0.6% 1.3% 2.3% -1.1% 0.7% 0.7% 1.3%

Quarter 2.5% 1.8% 2.3% 0.3% 2.4% 2.1% 5.3% -3.4% -0.3% 2.1% 2.0%

Year-to-Date 1.4% 2.8% 0.9% -1.5% -0.6% 1.3% 2.3% -1.1% 0.7% 0.7% 1.3%

Year-on-Year 13.8% 7.5% 5.8% 2.9% 2.7% 8.5% 3.8% 1.6% -0.5% 5.1% 8.2%

Total Return Year-on-Year 18.0% 11.1% 10.7% 7.4% 7.0% 12.7% 9.4% 7.8% 3.8% 9.9% 12.4%


Table 1C: Units

Month 1.4% 1.7% -0.4% 3.0% -0.5% 1.2% -5.7% -2.2% 3.7% -0.2% 1.3%

Quarter 2.3% -0.3% -1.4% 0.4% -0.2% 1.0% -4.5% 0.8% 0.6% -1.5% 1.0%

Year-to-Date 1.4% 1.7% -0.4% 3.0% -0.5% 1.2% -5.7% -2.2% 3.7% -0.2% 1.3%

Year-on-Year 9.9% 2.7% 0.0% 4.5% 1.4% 6.2% -5.4% 0.7% 1.4% 0.3% 6.2%

Total Return Year-on-Year 15.0% 7.1% 5.6% 9.7% 6.2% 11.2% -0.3% 6.9% 6.6% 5.9% 11.2%


Table 1D: Rental Yield Results

Houses 3.5% 3.2% 4.5% 4.2% 4.0% 3.7% 5.2% 6.0% 4.2% 4.4% 3.7%

Units 4.4% 4.2% 5.5% 4.7% 4.7% 4.5% 5.8% 5.9% 4.9% 5.5% 4.5%

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Kirsty NeedhamPublished: May 24, 2015 - 12:00AM

One of Shanghai's richest men purchased a key parcel of waterfront land within the Baird government's proposed Bays Precinct, just weeks after a government summit to spruik the majorredevelopment.

Most of the Blackwattle Bay waterfront is government-owned, but Jin Huiming's Dahua Group paid $17.5 million to buy the Bidvest site next to the Sydney Fish Market in December.

Government agency Urban Growth plans to redevelop the Sydney Fish Market into a wider apartment, employment and dining precinct. The land is currently zoned non-residential.

Mr Jin, 63, was ranked by Forbes as the 36th richest person in China a decade ago, as Dahua ranked in China's top 10 real estate companies.

His private real estate and construction company boomed during the redevelopment of Shanghai's Pudong waterfront district.

Urban Growth is consulting with the community on a plan to transform the Bays Precinct, and expects a decision from the Baird government on a development blueprint in August.

Urban Growth chief executive David Pitchford said last week neither he, nor new Minister for Planning Rob Stokes had met with developers, after The Sun-Herald reported Dahua wouldmake a $3 billion bid to redevelop Blackwattle Bay.

But Fairfax Media can reveal Dahua's Destination Blackwattle Bay consortium lodged a secret "unsolicited proposal" with the NSW government in late 2013, at the same time asconstruction giant Brookfield Multiplex made a rival secret bid.

The Baird government held an international summit in November 2014 to publicly discuss the Bays Precinct.

But a competitive tender for a redevelopment project that will dwarf Barangaroo is expected to be quickly called if cabinet approves Urban Growth's plan.

Dahua's purchase of the Blackwattle Bay site means Urban Growth will have to negotiate with the company, regardless.

Dahua has also purchased Bidvest's fish supplier, Felan's Fisheries, which gives it a 25 per cent stake in the Sydney Fish Market Merchants and Tenants company.

Any redevelopment of the fish market must be approved by the SFM Merchants and Tenants, and in 2011 they rejected a proposal that had been backed by the Sydney Fish Market boardand state government.

Destination Blackwattle Bay managing director John Shepherd said the Dahua consortium was confident the NSW government would run the process in a "fair and consultative" manner.

"The DBB bid for the redevelopment of the Blackwattle Bay precinct first and foremost takes into account the security of jobs, business investment and ownership for the tenants,merchants and fisherman," he said.

"Our investors, who have investment in adjacent freehold land, and a business at the Sydney Fish Market, recognise the importance and value that the Sydney Fish Market provide to thefabric of Sydney and the economy of Australia."

A Brookfield Multiplex spokesperson declined to comment, but the company has been in discussions with Sydney Fish Market management about a bid.

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An Urban Growth spokeswoman said the agency was working closely with Sydney Fish Market "to obtain their support for the urban transformation opportunity."

Urban Growth would not force adjacent landowners to sell, but was "engaging" with them, she said.

Sydney architecture firm PTW, which worked on the Barangaroo master plan for Lend Lease, has worked with Dahua in China.

PTW marketing manager Lorraine Sperling said the Bays Precinct was "absolutely" the premier site for upcoming development, and PTW was speaking to "several entities, local andinternational" about potential partnerships as the construction industry jostles for position.

Last year Mr Jin dropped off the Forbes rich list as the Chinese property market cooled, and new purchasing restrictions were imposed that limit couples to two apartments. Chineseproperty developers are looking overseas for growth.

The Foreign Investment Review Board's annual report shows China overtook the United States as the largest source of foreign investment for the first time last year, as real estateinvestment surged.

This story was found at: http://www.smh.com.au/nsw/chinese-developer-made-secret-bid-to-nsw-government-for-sydney-fish-market-20150523-gh83qf.html

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Jacob SaulwickPublished: April 29, 2015 - 6:00PM

"I wouldn't start from here": Tim Williams' presentation [PDF - 31MB]What you need to know about WestConnexMore NSW news

The head of a major Sydney business lobby group has come out swinging against the Baird and Abbott governments' road-building agenda,while also slamming the boss of the WestConnex project for trying to divide the city.

The chief executive of the Committee for Sydney, Tim Williams, told an audience at the University of Sydney last week all sides of politicshad "got it wrong" on the city's transport priorities, criticising them for a lack of ambition in promoting public transport in the growingmetropolis.

Dr Williams, whose organisation's members include major construction, finance and engineering firms, also called on the government torelease the business cases for the new mega projects being proposed for Sydney which, to its detriment, remained in the thrall of roadbuilders.

"There is no strategic or structural planner of Sydney at this point of time outside of RMS [Roads and Maritime Services]," Dr Williamstold the Halloran Trust event at the university.

"RMS is the structural planner for Sydney," Dr Williams said, before quoting George Orwell to the effect that Sydney was "a family withthe wrong members in control".

"I'm sorry to have to say it but I think it is, I think we've got problems," he said. "I think in its current form, RMS needs to bereconstructed."

Dr Williams' presentation largely reflected familiar themes advanced by transport academics and urban planners. As cities became denser,governments needed to fit them with better public transport, cycling and walking facilities, rather than focusing on new motorways thatencourage sprawl and car use.

But the intervention is significant because it is rare for a big business group to press these points. Members of the Committee for Sydneyinclude major engineering firms like Arup and AECOM, as well as finance companies like Macquarie Group, Westpac and ANZ.

"We are in the presence of another road transport upheaval in this city," Dr Williams said, while showing a slide of the $15 billionWestConnex motorway and its proposed extensions to the north and south.

"Which, by the way, we are not seeing in any other cities in the world," he said. "And that's the issue – many other cities in the world aretaking their highway capacity out and I'm just wondering, what is so different about the Australian city experience that means that they'rewrong and we are right?

"We think this is a congestion-busting proposition and nowhere in Christendom does that appear to be the case – so what's going on?"

For the most part, Dr Williams declined to specifically cite the WestConnex project, a 33-kilometre series of motorways largely through theinner west of Sydney.

But he aimed direct criticism at the chief executive of the WestConnex Delivery Authority, Dennis Cliche, for comments reported in theHerald in which Mr Cliche said those opposed to WestConnex were wealthier people in inner suburbs.

"They're not living in the mortgage belt. They don't have kids who are to some extent excluded socially from the opportunities that somepeople have," Mr Cliche said.

In his address, Dr Williams said this was a "terrible way to have a civic dialogue about transport in our city".

"Trying to set one part of the community against another, trying to say that the inner west community is trying to stop the good people ofwestern Sydney getting access to something," Dr Williams said.

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"This is the statement by the chief executive of the WestConnex Delivery Authority and more shame him. I know him and he's spoken tothe Committee for Sydney," he said.

"I am astonished. I think he must be panicking. I don't think his masters would want the dialogue to be conducted like this.

"But also it's just wrong. Because if you are worried about the inequity of our city and access to public transport, there's really a good thingto do about it – give them access to public transport in western Sydney."

Contacted for comment, Mr Cliche said: "Sydney needs an integrated transport solution that includes both roads and public transport tokeep our city moving. It is not an either/or proposition.

"WestConnex Delivery Authority is committed to engaging with our stakeholders as a core part of planning and delivering this project. Wewelcome constructive dialogue which will help ensure we deliver the best possible road infrastructure for Sydney."

Dr Williams called on the government to release the business case for the WestConnex project – "the people who propose these massiveprojects, they haven't even bothered to show us the evidence" – but also criticised the lack of focus at the recent state election on alternativepublic transport proposals.

"For me it's a politically neutral thing, they've all got it wrong."

Dr Williams said what was needed was a transport "revolution" in Sydney, with aggressive targets to promote public transport use.

Separately, City of Sydney Lord Mayor Clover Moore has been campaigning against WestConnex and this week released a report queryingits supposed benefits.

In response, Roads Minister Duncan Gay said: "While Clover Moore wastes ratepayers money on dubious traffic studies, she turns a blindeye to the thousands of motorists stuck on the M4 and M5 each day."

"Motorists battling the M4 and M5 every day, those stuck in gridlock on Parramatta Road, can't wait for WestConnex – they know to donothing is not an option," Mr Gay said.

Concord tunnelling point announced

Separately, Mr Gay announced on Wednesday that a hockey field at Concord would make way for the motorway project's midwaytunnelling point.

Players displaced by loss of the Cintra Park Hockey Field would be accommodated in "new and improved" facilities at the St Lukes Parkprecinct, said Mr Gay, who added the decision eliminated the need to acquire homes.

"The mid-point allows tunnelling work to be carried out in two directions from the one location, towards the M4 widening at HomebushBay Drive and towards the end of the M4 East tunnel at Haberfield," he said.

This story was found at: http://www.smh.com.au/nsw/committee-for-sydneys-tim-williams-slams-road-building-plans-for-city-20150429-1mv3vq.html

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Anna AndersonPublished: December 8, 2014 - 4:18PM

The launch of a new apartment development in Summer Hill on Saturday realised $82 million in sales. Of the 127 apartments and terraces offered in the planned Flour Mill development,85 per cent had sold by the end of the day.

Inner-west residents were the main force in the 200-odd crowd and made up 90 per cent of buyers. Many had been watching the site for years.

The EG Funds Management development designed by Hassell architects incorporates a mill conversion of two sets of historic silos, which have stood on the site for almost 100 years.

The complex includes new buildings that will house the living areas, and the circular silos will contain the bedrooms and bathrooms.

The masterplan has 300 apartments, a retail precinct and a communal park, which will host weekend markets. It is due for completion in late 2017.

Selling agent Colliers International said Saturday's buyers were divided, with 65 per cent being owner-occupiers. Investors and first-home buyers snapped up the studios, which werepriced from $555,000 and one-bedroom apartments from $520,000.

Two-bedroom apartments started at $770,000 and three-bedroom units sold from $950,000. The four-bedroom terrace houses started at $1,375,000.

The location, close to Summer Hill village, the light rail and two train stations were big drawcards along with the site's industrial past and the unique nature of the development.

One of the first to buy on Saturday morning was Dr Kiran Thapa. Already a Summer Hill resident, Dr Thapa and his wife, Zoma, bought a two-bedroom apartment with city views.

The chief executive officer of Capkon, a mortgage broking firm in Summer Hill, Dr Thapa had been waiting for the launch of the Flour Mill project. "I bought an investment unit in theCarlton Estate at Summer Hill through Colliers so I was on their register," said Dr Thapa.

Happy with his children's local school and the vibrancy of Summer Hill, Dr Thapa paid $925,000 for his seventh-floor apartment. "It's big money but it's worth it," he said. "Given theuniqueness of the project, its proximity to the city and views our apartment will have, I think it's worth even more than I paid."

Ian Bennett, director of selling agent Colliers International Residential, said the Flour Mill also has its own light rail station.

Construction of the apartments is due to start early next year.

Last weekend, other new developments in Sydney also tallied strong sales. At the launch of Defence Housing Australia's latest stage of the Crimson Hill masterplan in Lindfield, 80 percent of the Shout Ridge apartments sold. Prices ranged from $575,000 to $885,000 and totalled more than $28 million for the 38 sold on the day.

At nearby Chatswood, 120 apartments or 80 per cent of Toga Group's The Chatswood development had sold by 10am. Buyers queued from 7.30am.

And at Manly, two blocks form the beach, 80 per cent of a low-rise complex of 18 apartments known as Zinc, sold on its launch day. Prices ranged from $690,000 to $1.35 million.

This story was found at: http://www.smh.com.au/domain/real-estate-news/flour-mill-apartment-buyers-rise-to-the-occasion-20141208-122nmz.html

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Leesha McKennyPublished: October 7, 2015 - 6:19PM

The suburb that's set to become the most densely populated in the country is going to be bigger than previously thought, fuelling concernsabout the congestion issues already plaguing Green Square.

The 278-hectare area to the south of Sydney's central business district is now expected to reach a population of 61,000 people by 2030, newCity of Sydney projections show.

This population, equating to 22,000 people per square kilometre, is up from a previous estimate of 54,000 people.

The blow-out means Green Square is set to become almost 50 per cent denser than the current population of Pyrmont, which is Australia'sdensest suburb at almost 15,000 people per square kilometre.

The council said the increase across the $13 billion precinct was mainly due to its "design excellence" process, which allows developers toseek a 10 per cent floor space bonus in return for delivering higher quality projects.

About 10,000 of Green Square's eventual 30,500 dwellings are now under assessment or construction.

"This new data on Green Square's rapid evolution illustrates the community's confidence in what is one of the biggest urban renewalprojects in the country," Sydney's Lord Mayor Clover Moore said.

But that was not the sentiment expressed by Darren Jenkins, the president of the Friends of Erskineville, a community group that has longvoiced frustration at the failure of authorities to keep pace with the infrastructure needs of the area.

The increase of 7000 people "certainly should come as no surprise" to the council or state government, Mr Jenkins said.

"It's almost inevitable that developers are going to try to get as many apartments into the space as they possibly can," he said.

Two major government reports, obtained by the group earlier this year under freedom of information laws, show that numerousrecommendations about the area's transport capacity have still not been acted on.

"If you look with who actually is moving into these places, moving into new apartments, it will mean young families, and again planningfor schools, for childcare – which is so important for productivity – is lagging far behind what the consequential demand will be," MrJenkins said.

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Green Square projection v top 10 densities

*Projected 2030 figure, all others 2014 figures

Source: ABS (2015) Regional Population Growth; City of Sydney Get the data Created with Datawrapper

Cr Moore, who noted the city was investing more than $540 million on new facilities for Green Square, said the new figures highlightedthe urgent need for new schools and transport.

"The NSW government has still not allocated any funding or revealed where the local primary and high schools will be located for tens ofthousands of new residents in Green Square," Cr Moore said.

But in the face of "worsening traffic congestion", she welcomed recent comments by Transport Minister Andrew Constance, who said alight rail line was needed to prevent the area becoming a major traffic choke point for the whole of Sydney.

"The City has already invested $40 million to secure most of a transport corridor and we are now working with Transport for NSW toassess funding models, look at route options and undertake other work required to progress the development of a new network," Cr Mooresaid.

Labor councillor Linda Scott said City of Sydney documents from more than a decade ago highlighted the need for services including alibrary, swimming pool, and community centre at Green Square.

Of these, only the community centre had been built, Cr Scott said.

"For the term of the current lord mayor, as more and more units are completed, the infrastructure needed for Green Square has not beendelivered and local residents have missed out," Cr Scott said.

However, a council spokesman said work on the library, pool and other parts of the town centre could not go ahead until after the counciland Sydney Water reached an agreement about major drainage works.

A deal was struck in 2013 and "these drainage works are now well underway," he said.

The new population figures come more than a year after Jan Gehl, the internationally renowned urban planner hired by the council, alsoflagged concerns about Green Square's overall density.

"It is quite high and it is quite dense and it will be somewhat overshadowed in many places, so it is extremely important that the spacesbetween the buildings become very acceptable, very attractive," the Danish architect said.

This story was found at: http://www.smh.com.au/nsw/green-square-infrastructure-under-pressure-as-projected-population-swells-20151007-gk2z1o.html

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Andrew WilsonPublished: February 10, 2015 - 3:30PM

Sydney remains the runaway leader for capital city housing growth, according to the latest data from the Australian Bureau of Statistics.

In its established house price index for the December quarter released on Tuesday, the Sydney index increased by 3.4 per cent, compared with the next best cities, Melbourne andBrisbane, which both increased by 1.5 per cent.

Sydney also recorded the highest increase in the index over 2014 - up by 12.8 per cent - again well ahead of the equal second-placed Melbourne and Brisbane markets where establishedhouse price indices increased by 5.4 per cent.

Despite this strong growth last year, the Sydney increase was below the 16 per cent price rise recorded over 2013.

The Brisbane market's annual growth in 2014 was similar to the 5.7 per cent increase recorded in 2013. But the Melbourne established house price index weakened sharply over 2014,reporting nearly half of the 10 per cent recorded over 2013.

Other capital city markets produced patchy results with Perth recording growth of 1.5 per cent in 2014 compared with the 8.3 per cent the previous year. The Canberra established houseprice index increased by 2.6 per cent over 2014, a significant improvement on 2013 when it fell 0.3 per cent.

Dr Andrew Wilson is senior economist for the Domain Group,

Twitter @DocAndrewWilson

This story was found at: http://news.domain.com.au/domain/real-estate-news/growth-in-sydney-house-prices-outstrips-all-other-cities-abs-20150210-13atpt.html

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Melanie KembreyPublished: June 4, 2015 - 8:24PM

Pollution stacks would be built near homes in Homebush and Haberfield and more than 180 properties would be demolished to make wayfor the proposed M4 East motorway extension.

New designs released on Thursday show that thousands of people will live near the emission outlets under plans to build three-lanetwin tunnels from the existing M4 at Homebush to Haberfield.

More than 4600 trucks and 20,000 cars are predicted to use the new tunnels under the inner west everyday. They are also expected toremove thousands of cars and trucks from the struggling Parramatta Road.

Electrical substations, a ventilation outlet, air supply inlet, fire pump and water tanks are proposed for the intersection of Wattle Street andParramatta Road in Haberfield and Underwood Road in Homebush.

The Haberfield outlet, which is about 600 metres from Haberfield Public School, will also emit ventilation from the future link between theM4 and M5.

Any health impacts of the stacks, as well as their design or height, have not been revealed. A WestConnex Delivery Authorityspokeswoman said the details would be included in an environmental impact statement to be released in the "next few months". Amore "detailed and precise" design would also be displayed for community consultation.

The delivery authority maintains that trials of tunnel filtration systems have shown they do not provide "value for money in removingpollutants from the air" and it would be more effective to upgrade or exclude smokey vehicles, according to a statement on its website. Itsays an air quality assessment and monitoring program for the M4 East has been developed.

The design also shows that entry and exit points for the 5.5-kilometre tunnels will be located at the M4 Motorway at Homebush, ConcordRoad at North Strathfield, Parramatta Road at Haberfield (near Bunnings) and the City West Link at Haberfield.

The spokeswoman said 182 residential and commercial properties will be compulsorily acquired to make way for the tunnels.

WestConnex Action Group spokeswoman Pauline Lockie said some residents had only found out they would be losing their homes onThursday as the plans were publicly released.

She said it was outrageous there had been no consultation and residents affected by the plans were "extremely distressed".

A large number of the homes to be lost due to the stacks and entry and exit points to the tunnel will be in Haberfield.

Haberfield Association president Emma Brooks Maher said the unique identity of Haberfield would be lost.

"Haberfield is a garden suburb of international significance. It's the world's first garden suburb and it should be looked at from its heritagepoint of view," she said.

The delivery authority spokeswoman said the project was designed to minimise property acquisition and more than 50 per cent ofWestConnex would be in underground tunnels.

"Some property owners are already in negotiations. Where properties are impacted, we contact owners as soon as we are in a position to doso," she said.

The $2.7 billion contract to build the extension has been awarded to Leighton Contractors, John Holland and Samsung C&T.

Roads Minister Duncan Gay said an extra 1.6 million people would live in Sydney in the next 20 years and WestConnex was needed to stopthe city coming to a "grinding halt".

"WestConnex will help provide relief for hundreds of thousands of motorists stuck in gridlock on the M4 and M5 each day," he said.

"We are investing historic levels of funding to build public transport like the $8.3 billion North West Rail Link, but upgrading Sydney's

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existing motorway network is vital."

Fairfax Media revealed last week that the government's own traffic modelling showed that congestion on multiple roads in the inner westwould continue to worsen even after the motorway was built.

Opposition transport spokeswoman and Strathfield MP Jodi McKay said a business case for the WestConnex program needed to bereleased.

"It is concerning that this Liberal government is happy to hand out contracts while continuing to refuse to release the business case behindWestConnex," she said.

"Let the people whose homes will be compulsorily acquired at least see the business case supporting this road."

The construction of the M4 East tunnels still needs planning approval but is expected to commence mid next year and is due to becompleted in 2019.

This story was found at: http://www.smh.com.au/nsw/haberfield-and-homebush-set-for-pollution-stacks-as-m4-east-tunnel-plans-revealed-20150604-ghgu8p.html

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Rose PowellPublished: January 15, 2015 - 8:58AM

New laws bad news for apartment owners, advocate says

Apartment owner Peter Davis has been locked in battles with his building's developers for years and warns new laws that come into force on Thursday will cause an "even worse hell forhome owners than we've been through".

Mr Davis and his wife bought an apartment in a new block on Sydney's upper north shore seven years ago, only to pay tens of thousands in legal fees to fix construction defects thatrequired replastering the pool, a new ventilation system, as well as fireproofing issues discovered only last year.

"We [the owners' corporation] have paid millions in legal fees and expert reports that would stand up in court. Under the new laws, we would have had to pay for the repairs ourselves.These new laws are completely inappropriate," Mr Davis said.

Owners of new apartments will now have only two rather than six years to get developers to foot the bill for building defects, once the Home Amendment Act takes effect.

A spokesman for Fair Trading NSW said the new laws, passed in September last year, were designed to strengthen the consumer protections and address issues in construction industry bychanging the licensing system for tradespeople.

These will increase penalties for practitioners and companies with a track record of issues, as well as changing payment structures to ensure fewer major defects.

Home owners will be able to access the previous six-year warranty only in relation to flaws that put the building or property at risk of falling down or becoming uninhabitable. Thedefinition for "major defect" is new in the act.

But the peak body representing strata owners has described the new defect rules as "draconian" and told Fairfax Media the changes would have serious and far-reaching consequencesbecause many issues take years to emerge.

"Apartment owners are in for a nasty shock when they discover problems from Thursday, and learn the government has left them pretty much on their own. Right now, I could not in goodconscience recommend buying into a new building," Owners Corporation Network executive officer Karen Stiles said.

"Once owners and lenders understand the enormity of these changes, the interest in new properties will plummet and that will impact the construction industry."

Building defects are remarkably common. In 2012, the University of NSW City Futures Research Centre found more than 85 per cent of apartment blocks built since 2000 have defects.

The most common defects were internal water damage, water penetrating from the outside, and fire safety shortcuts. But these issues will be covered by the six-year warranty only if theyare also designated as major defect.

Lead UNSW researcher Hazel Easthope said many significant common problems that can cost hundreds of thousands to fix were unlikely to be covered under the new laws.

"These are very serious defects but it can take years before the owner becomes aware of the issue," Dr Easthope said.

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"What may appear to be a hairline crack in two years can be a major problem in five. When you factor in how long it can take for owners corporations to get organised, two years is notmuch time at all."

Fair Trading deals with about 8000 complaints over residential buildingseach year. A spokesman for the department said the act offered an integrated package of laws for business andconsumers by being more specific and flexible.

"Importantly, the new laws will provide greater protection for consumers and offer clarity about rights and responsibilities of builders' liabilities, particularly in relation to defects," thespokesman said.

Urban Development Institute of Australia NSW chief executive Stephen Albin said the HAA was a series of commonsense changes that was good news for the construction industry andconsumers.

"Defects are unavoidable, they'll always happen but these laws will help put more integrity into the system and cut down on major defects by empowering qualified tradespeople," MrAlbin said.

More than 3 million Australians live in apartment blocks, and another 1 million are expected to move into apartment blocks within the next 10 years.

FACT BOX:

Building defects must be identified and compensation sought within two years.Flaws that make a building uninhabitable or likely to collapse can be classified as a "major defect".There is a six year warranty for major defects.Builders and traders face up to a year in prison for repeated unlicensed contracting work.Minor work worth under $5000 can now be carried out without a licence.The act was designed in partnership with a strata and home insurance amendment act, which has been delayed.

This story was found at: http://www.smh.com.au/nsw/home-building-amendment-act-sydney-apartment-owners-say-law-changes-are-draconian-20150114-12n57u.html

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Stephen Nicholls, Camille BianchiPublished: December 23, 2014 - 8:20AM

Auctions turned violent in Sydney's west on Saturday, with police called to break up a scuffle that broke out between protesters, buyers and even the auctioneers.

"One of the protesters actually grabbed a buyer, and grabbed one of our staff members," auctioneer Ricky Briggs said.

"He actually grabbed his collar and tie and scrunched it up just below the throat line ... that's when security guys jumped in and police were called."

The incident occurred during the auction of 12 homes in Homebush West, several of which were tenanted by people paying as little as $500 a month. It's understood that the main protesterwas the son of one of those tenants.

But the selling agents denied the tenants faced eviction. The houses sold for between $840,000 and $915,000 - as much as $200,000 above their written reserve price. "They were all Asianbuyers .... they thought they got them cheap," Robert Pignataro, of Strathfield Partners, said.

"We had 350 people there, minimum, and we were just going from house to house."

After the scuffle at one of the final auctions, Mr Briggs said three police officers arrived "within minutes" and soon called for back up. "A lot of the buyers were scared," he said. "Weended up having 12 police there and two detectives."

The auctioneer said a female police officer had stepped in after the main protester - who was there with six of his friends - again "went for the same staff member".

"Basically she got in between those two .... and she literally picked him up and threw him backwards".

Mr Briggs said that police evacuated two streets following the incident."They kicked everyone out as soon as the last auction finished - they removed everyone."

Mr Pignataro said he was selling the Federation homes on behalf of a private investor who had purchased all of them on November 21 from the Sydney Olympic Authority for $5.8million.

"And we resold all of them in less than a month for $10.5 million," Mr Pignataro said.

"We gave one a coat of paint and polished the floors and put some furniture in there - that was the extent of what we did."

He said that some of the tenants had been living in the houses for as long as 66 years in houses built for local abbatoir workers. "Some were prescribed lifetime tenancies," Mr Pignatorosaid.

"We are not looking at kicking any of them out - they can either stay [at the same rent] or opt to negotiate with us to receive a lump-sum cash settlement, which will be attractive."

Mr Briggs said he was happy to have achieved strong results for the properties. The three-bedroom Federation home at 14 Welfare Street that had been spruced up for the auctions sold for$200,000 above the reserve.

But he was annoyed that some of the tenants had turned violent. "They went to great length to interrupt the auctions and bring disrepute to the crowd," he said.

Print Article: Homebush auctions turn violent http://news.domain.com.au/action/printArticle?id=64396614

1 of 2 23-Dec-14 10:19 AM

"They were screaming over the top of me saying we were being fraudulent."

Mr Briggs said that the main protester was holding up a piece of paper. "It was a photocopied piece of paper - it looked like it was from the 1960s or something - and he said it proved hehad bought this house for a couple of hundred dollars," he said.

"But I just boomed back that this gentleman's names were not on the contract and they had told me to sell."

Mr Pignatoro said that collectively, the properties went $1.4 million over the reserve. Some of the buyers had purchased more than one property.

Seven of the homes hadn't been lifetime tenancies and were people paying normal rents of about $500. They had already moved out. He said the unrenovated properties would rent out for$550 a week and the renovated homes up to $750 a week. "No problem - if we put them on the market, the next couple of days we will have tenants," he said.

Strathfield police said that none of the protesters had been arrested or charged with any offences. None of the protesters could be contacted for comment.

This story was found at: http://news.domain.com.au/domain/real-estate-news/homebush-auctions-turn-violent-20141223-12c8qu.html

Print Article: Homebush auctions turn violent http://news.domain.com.au/action/printArticle?id=64396614

2 of 2 23-Dec-14 10:19 AM

Mayor slams approval for developmentTuesday, 20 May 2014 15:27 // Stay Inner West//

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Leichhardt Mayor Darcy Byrne has slammed the approval of a controversial Balmain housing

development at the former Nutrimetics site in Elliot Street, Balmain.

New South Wales Government appointed Joint Regional Planning Panel (JRPP) unanimously approvedthe Roche Group development recently despite the strong opposition of local residents and a 2012application being refused by the NSW Land and Environment Court.

The approved plans are for a mixed use development across eight buildings including 104 residentialunits.

“Despite supposedly making changes to the development application, this is still a very largedevelopment that will have a huge traffic impact on local streets that are already very congested,” CrByrne said.

“The State Government was elected on the specific promise of ‘returning planning control to localcommunities’, but in the case of this site, it has repeatedly done exactly the opposite.

“The Joint Regional Planning Panel (JRPP) is a State Government agency which our local communitydoes not control.

“The fact that we had to use $450,000 of ratepayers’ funds to defend the JRPP's previousdetermination in the Land and Environment Court because the State Government refused to defend itsown agency's ruling was a disgrace.”

Approved plans for 100102 Elliott Street include:

mixed use development including 8 buildings with ground floor commercial

19 serviced apartments and gymnasium as well as retail uses

104 residential units above basement parking for 251 vehicles

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Lucy CormackPublished: March 23, 2015 - 7:25AM

It may have been Marrickville's only chance to share the limelight with Jackie Chan and Bruce Lee.

But amysterious proposal from a developer who has built two museums in honour of the martial arts greats has failed to be realised, after council rejected an ambitious offer to purchasethe old Marrickville Hospital site.

The genesis of the unsolicited $52 million bid was the topic of a lengthy debate at a council meeting this week, with some councillors raising concerns about how the offer was putforward.

The bid, which was not formally lodged by a Tuesday deadline, was voted down by all 12 councillors.

The council is in the middle of an expressions of interest process to build a long-awaited library and community hub at the site.

It is a far cry from the $52 million vision Maxma Developments Pty Ltd had in mind: a 110-room four-star hotel, an exhibition centre, 400 residential units and commercial premises of2000 square metres.

In a letter to council on February 6, a lawyer for Maxma Developments Pty Ltd director Xianhong Ma submitted the $52 million expression of interest for the site, explaining Mr Ma hadbeen "actively engaging in property developments in Foshan, China, for years".

In China, his development coups include the Bruce Lee Action Museum and the Jackie Chan Museum.

Greens councillor Max Phillips said it was concerning that "only select Labor and Liberal councillors were invited" to the initial meeting between the council and a representative for thedeveloper.

"There had never been any suggestion that council would do anything other than develop a library on the site," said fellow Greens councillor David Leary.

"We were in the middle of a process for that and so we shouldn't be deviating from that, we should be building this important community facility… this is why the site was purchased 20years ago from the state government."

Marrickville's mayor, Mark Gardiner, told Tuesday's council meeting that he took on board that all councillors should have been notified of the November meeting, but rejected anysuggestion of wrong doing.

"I do bristle at the suggestion that there was something improper," Cr Gardiner said.

Mr Ma burst onto Sydney's property scene in June last year, with a $3.7 million purchase of a property in Prestons, proposed for the construction of about 45 townhouses.

In an email chain tabled by the council, Marrickville Council lawyer Joe Strati requested a "personal guarantee or other alternative security...given the shelf nature of the purchaser".

Less than a year old, Maxma Developments Pty Ltd was incorporated on May 5 last year, and holds $100 in paid up capital.

Print Article: Mysterious $52 million bid for Marrickville old hospital site rejected http://www.smh.com.au/action/printArticle?id=97600875

1 of 2 23-Mar-15 9:29 AM

While the offer was ultimately rejected, Cr Gardiner said it was "certainly interesting and instructive to hear from a developer how much they think the site is worth".

He said this would better inform council of the "actual market value" when the formal tender process continues.

Marrickville Council intends for the site to include a library and community hub with adjoining open space, 60 underground car spaces, 4 per cent affordable housing and a residential andcommercial development.

Mr Ma could not be contacted through his solicitor on Friday.

This story was found at: http://www.smh.com.au/nsw/mysterious-52-million-bid-for-marrickville-old-hospital-site-rejected-20150323-1m3xbf.html

Print Article: Mysterious $52 million bid for Marrickville old hospital site rejected http://www.smh.com.au/action/printArticle?id=97600875

2 of 2 23-Mar-15 9:29 AM


Leesha McKennyPublished: March 24, 2015 - 9:05PM

Drastically reducing the number of NSW councils would carry an upfront cost of $445 million, the NSW parliamentary budget office has estimated.

However, the cost of cutting back the state's 152 councils to just 38 would be "significantly higher" if the mergers were forced, the briefing note said.

"It is assumed the council mergers would be voluntary, not forced, therefore any costs arising from legal challenges to or disputes about the merger have not been included," it said.

The costing, which was sought by Labor, assumes almost every merger put forward in 2013 by the Independent Local Government Review Panel was to go ahead instead of other optionsalso detailed in the panel's report, like joint organisations.

Print Article: NSW state election 2015: Reducing NSW's 152 councils to 38 would cost $445 mi... http://www.smh.com.au/action/printArticle?id=97725124

1 of 3 25-Mar-15 9:53 AM

The proposal to merge Botany Bay, the City of Sydney, Waverley, Randwick and Woollahra carried the highest upfront cost, at $37.6 million.

This figure was followed by $31.5 million to merge the inner-west councils of Marrickville, Ashfield, Burwood, Canada Bay, Leichhardt and Strathfield.

"IT and communications systems expenditure" was identified as the biggest cost, at 45 per cent, with employment transition costs put at about 20 per cent.

Labor's local government spokeswoman Sophie Cotsis seized on the figures as proof the Coalition's "Fit for the Future" reform package, which requires councils to consider voluntarymergers, was a "complete sham".

"The Liberals and Nationals' claim they are putting $258 million on the table to help councils merge – that is at least a $187 million shortfall of the true cost that has been confirmed by thePBO," Ms Cotsis said.


2 of 3 25-Mar-15 9:53 AM

The briefing note also estimated the net cost of the mergers to be $114 million, noting most of the savings "will continue to accrue over the long term".

"Many of the proposed mergers may have a net benefit under a long-term horizon," it said.

A spokeswoman for Local Government Minister Paul Toole said reducing 152 councils to 38 was "not our policy".

But the spokeswoman declined to rule out whether some councils would be forced to merge, should the Baird government be re-elected.

"We have asked councils to put forward a proposal on how they will become Fit for the Future and we have offered a package of incentives of up to $1 billion," she said.

The parliamentary budget office based the estimate on a 2009 review of the costings of mergers in Queensland, where 157 councils were reduced to 73.

The modelling also assumed 30 per cent of the costs were related to the size of the merging councils, and the expected complexity of each merger.

This story was found at: http://www.smh.com.au/nsw/nsw-state-election-2015-reducing-nsws-152-councils-to-38-would-cost-445-million-modelling-shows-20150324-1m6l6s.html


3 of 3 25-Mar-15 9:53 AM


Melanie KembreyPublished: June 10, 2015 - 6:07PM

A light rail route linking Parramatta and Strathfield via Sydney Olympic Park would be a "white elephant" passing through "wastelands",according to Parramatta's Liberal lord mayor Scott Lloyd.

Parramatta Council has ramped up its campaign to have its preferred route for the $1 billion light rail network built amid concerns that thestate government is leaning towards the Strathfield option.

The council is lobbying for a route from Westmead to Epping via Carlingford, a shorter version of one of the four routes being consideredfor construction.

The four routes are: Parramatta to Macquarie Park via Carlingford and Epping, Parramatta to Castle Hill via Old NorthernRoad, Parramatta to Bankstown, Parramatta to Strathfield/Burwood via Sydney Olympic Park.

The liberal dominated Parramatta Council has unanimously agreed to write to Premier Mike Baird and Transport Minister AndrewConstance to express concerns that a Strathfield tram would be unused and financially unviable.

The proposed Westmead to Epping route would link the Westmead health precinct, the Parramatta CBD and the University of WesternSydney's two city campuses. It would use the existing Carlingford rail line and would form a spine off which extensions to Macquarie Park,Castle Hill and Olympic Park could later be built.

Cr Lloyd said while the Strathfield route would connect areas earmarked for growth, such as the industrial Camellia precinct, it would beseveral years before such development occurred and "bums on seats" should be the priority of the first route.

"We have serious concerns that passenger numbers would not be sufficient to sustain the Strathfield via Olympic Park route as the firstphase of the project, potentially jeopardising its expansion," Cr Lloyd said.

"You don't want to have a white elephant...How many empty trams will be going through the wastelands of Camellia not seeing a house orunit or anything for the next seven years?"

The Western Sydney Regional Organisation of Councils has also spoken out against the Strathfield route, saying the state governmentshould consider "residents over the voice of investors".

"We have a backlog of public transport need in western Sydney, and catering for potential future development rather than existingcommuter need is irresponsible," president Tony Hadchiti said

A coalition of big businesses has formed the West Line Partnership, which has been lobbying hard for the Strathfield via Sydney OlympicPark route.

Partnership spokesman Chris Brown criticised western Sydney representatives for pushing for a single route, saying they should have"more ambition".

"We're not going to be part of the zero sum game of bidding against each other," he said.

"The representatives of Western Sydney should have more ambition for western Sydney. We believe in two extension lines – one toCarlingford along the train line and one to Sydney Olympic Park. Western Sydney shouldn't have to pick one."

The Sydney Olympic Park route could partially "pay for itself" through developers entering "voluntary planning arrangements" and the linewould activate growth in a pivotal and underused Sydney corridor, Mr Brown said.

A spokesman for Mr Constance said no decision had been made about the route.

"We are continuing to investigate four shortlisted options for a new light rail network in western Sydney. This includes consideration of aroute to Sydney Olympic Park and Strathfield. The NSW Government will have more to say as this work progresses," he said.

Print Article: Parramatta light rail: Sydney Olympic Park tram would be ... http://www.smh.com.au/action/printArticle?id=996983352

1 of 2 11-Jun-15 10:04 AM

The state government has previously said construction of the chosen route would start in its second term.

This story was found at: http://www.smh.com.au/nsw/parramatta-light-rail-sydney-olympic-park-tram-would-be-a-white-elephant-20150610-ghkta0.html

Print Article: Parramatta light rail: Sydney Olympic Park tram would be ... http://www.smh.com.au/action/printArticle?id=996983352

2 of 2 11-Jun-15 10:04 AM

"We're talking about a region of Sydney that will grow in population by half a million people yet we're talking about jobs growth of 20,000– that means more and more people travelling 70 kilometres to the Sydney CBD day and night," Mr Foley said

"Simply rolling out more supply won't solve the housing affordability crisis for Sydney. More supply is part of the answer, but thisGovernment has a blind faith in market solutions."

The vision for area is contained in the government's Preliminary Strategy and Action Plan for the Greater Macarthur Land Release Area.

It will be on public exhibition until November 4 after which the government will form a more detailed plan for the area.

This story was found at: http://www.smh.com.au/nsw/planning-minister-rob-stokes-unveils-plans-to-create-three-new-communities-south-of-campbelltown-20150922-gjs8ev.html

Print Article: Planning minister Rob Stokes unveils plans to create three... http://www.smh.com.au/action/printArticle?id=1000688791

2 of 2 22-Sep-15 5:48 PM


Jacob SaulwickPublished: October 22, 2015 - 4:44PM

Glebe Island Bridge could be re-opened as a tram line and Wentworth Park redeveloped as part of the government's massive proposedoverhaul of inner harbour areas in Sydney's west.

But a "transformation plan" for Sydney's Bays Precinct, released on Thursday by Premier Mike Baird and Planning Minister Rob Stokes,was otherwise light on detail about what new public transport or housing would be included in the area.

"It is difficult to really imagine how big the opportunity here is," Mr Stokes said. "It's the last remaining large development site for renewalanywhere on Sydney Harbour ... to put it in perspective, Barangaroo is around 20 hectares, this site is more than 90 hectares," he said.

For the past 18 months, government development agency UrbanGrowth NSW has been working on proposals to re-shape the area, whichincludes parts of Glebe, Rozelle, White Bay and the Sydney Fish Market.

The agency's report, released on Thursday, maps out 20 to 30 years of redevelopment, focusing initially on the White Bay Power Station atRozelle, as well as areas around the Fish Market.

"We have all driven past this site for many years, wondering if something could be done; well, today we are making it happen," Mr Bairdsaid at the power station.

The Premier's plan is for the power station, built in 1912, to be converted into a high-tech business hub, though he did not spell out specificmeasures to attract businesses.

The Fish Market is intended to become a "market precinct", and a request for proposals from the private sector will be released early nextyear.

Mr Stokes also announced that the redevelopment plans would include the adjacent Wentworth Park, though that park was expected toremain as public space.

"Obviously Wentworth Park is a crucial piece of the city's open space," Mr Constance said. "It's very important that as we undertake theplanning for Wentworth Park, we look at those recreation opportunities and how to ... link in Wentworth park to the adjacent waterfront andthe Bays market district," he said.

But the report released by Mr Baird and Mr Stokes did not address how to improve transport access, nor where or how much new housingwould be developed. The chief executive of UrbanGrowth NSW, David Pitchford, has previously said the precinct would be a "disaster"without major new public transport.

Mr Stokes said housing and transport plans would be released early next year. "That work is currently underway with ... Transport forNSW and all options are being looked at, from mass transit options, from light rail to ferries, to cycling and pedestrian pathways as well asprivate vehicle movements," he said.

But artist's impressions released on Thursday include images of trams on the old Glebe Island Bridge. The Roads Minister, Duncan Gay,had previously raised the idea of demolishing the structure.

Labor leader Luke Foley and the Labor mayor of Leichhardt, Darcy Byrne, called for an investigation of metro rail to the area.

"With the sheer grandiose scale of what they've been proposing ... that's the sort of thing that can only sort of work with fast undergroundrail," Cr Byrne said.

"None of this will work without significant mass transit," said Cr Byrne, who said the precinct risked being "Chatswood by the sea" if it didnot have a mass transport system.

Mr Pitchford said the request for proposals to redevelop White Bay Power Station, to be released next week, would not include a mandateon whether to use the existing structure.

But he said he expected proponents would want to re-use the building, while they would also be required to incorporate historic machineryinto their development plans.

Print Article: Return of trams to Glebe Island Bridge floated in inner har... http://www.smh.com.au/action/printArticle?id=1001784873

1 of 2 22-Oct-15 5:52 PM

"We will require an honouring of the history of it," he said.

"Structurally it is very sound," he said of the building itself. "We are not looking to interfere with the integrity of the structure, but we areopen to suggestions as to how the structure might be used as a platform to do things differently," he said.

This story was found at: http://www.smh.com.au/nsw/return-of-trams-to-glebe-island-bridge-floated-in-inner-harbour-overhaul-20151022-gkfq5l.html

Print Article: Return of trams to Glebe Island Bridge floated in inner har... http://www.smh.com.au/action/printArticle?id=1001784873

2 of 2 22-Oct-15 5:52 PM


Melanie KembreyPublished: September 14, 2015 - 11:23AM

High-rise plans move forward in two Sydney suburbsPublic transport at Wentworth Point will ease traffic woes: developer

The suburb of Wentworth Point stacks up well on paper: waterfront views, surrounded by parklands, located at the centre of metropolitanSydney.

There is just one problem. Residents say getting in and out can be a nightmare – and they are worried it is about to get a whole lot worse.

In the next three years, construction will start on another 2500 apartments on the peninsula, which is expected to become home to morethan 20,000 people in the next 15 years.

But the lone road in and out of the peninsula, locals say, already struggles to cope with demand.

"They have managed to create a place that basically has got really bad road access and they have put stacks of people there and theywonder 'why there is a problem?' " said University of Sydney urban planning professor Peter Phibbs.

Professor Phibbs said the government had failed "planning 101" in overestimating the capacity of the peninsula. Thedevelopment represented an "own goal" for the government as it provided an argument for anti-density campaigners.

"We're trying to get the public more interested in density and here we've got a government-led scheme that just provides ammunition forthe density haters who are going to say that density induces congestion," he said.

The road networks around the growing Homebush Bay and Sydney Olympic Park also clog during peak times, with residents reportingthat it can take them more than half an hour to pass through the Australia Avenue/DFO Homebush roundabout.

Wentworth Point currently only has one bus service, the 526, which often runs late and can take 45 minutes to reach Strathfield station, lessthan 10 kilometres away.

Print Article: NSW planning: Sydney suburb Wentworth Point's traffic tr... http://www.smh.com.au/action/printArticle?id=1000181215

1 of 3 14-Sep-15 11:55 AM

Two high-density residential neighbourhoods, including a primary school, shops and plaza, are set to be be built on waterfront sites at thetip of the Wentworth Point peninsula.

A spokesperson for UrbanGrowth NSW, the government's property development arm, said it would be two to three years beforeconstruction on the first apartments started and this was ample time to complete infrastructure upgrades.


2 of 3 14-Sep-15 11:55 AM

An artist's impression of what the new development at Wentworth Point could look like. Photo: UrbanGrowth NSW

A bridge designed for buses, cyclists and pedestrians, which was funded by developers in exchange for uplift, is under construction andwill soon put Wentworth Point residents within about one kilometre of Rhodes station.

However, the T1 Northern Line via Strathfield is already crowded and, on average, has 135 per cent passenger loads by the time it reachesRedfern during the morning peak.

The M4 widening as part of the WestConnex motorway project will also provide residents new access to the M4 eastbound from Hill Roadin Sydney Olympic Park, although there will be no westbound exit.

Wentworth Point Community Central member John Spooner said the government had created Wentworth Point "back to front".

"We all understand that people have to live somewhere and for people to live somewhere developers have to develop," he said. "Thedevelopers seem to be able to get on with it, but the government doesn't seem to be able to help with the infrastructure."

In a statement, Planning Minister Rob Stokes said the area was ideal for a new community.

"We have undertaken extensive community consultation, and ensured the precinct will have good access to public transport, jobs, a newschool, services and open space, in keeping with best-practice planning," the minister said.

This story was found at: http://www.smh.com.au/nsw/nsw-planning-sydney-suburb-wentworth-points-traffic-trap-fuels-density-haters-20150914-gjhcrj.html


3 of 3 14-Sep-15 11:55 AM


Jacob SaulwickPublished: September 11, 2015 - 5:16PM

When Dora Makaritis realised the route of the WestConnex motorway would run under the inner west suburb of Croydon, she immediatelybecame concerned about the impact of digging a six-lane tunnel under her home.

So she asked the WestConnex Delivery Authority, multiple times, why the motorway would run under her suburb and not 300 metres northunder Parramatta Road.

And she was told, multiple times, it had nothing to do with potential property development.

"We were told a couple of things," said Ms Makaritis. "One of them was that you could not travel 80 kilometres an hour under that[Parramatta Road] route," she said. "The route had to be a straight line, and not a zig zag."

But she said none of the reasons offered at multiple WestConnex information nights related to preserving Parramatta Road for futureproperty development.

So Ms Makaritis felt betrayed this week when, reading the Environmental Impact Statement for the M4 East tunnel component ofWestConnex, she saw two reasons listed for why the motorway should not run under Parramatta Road.

"Tunnels below Parramatta Road would restrict the depths to which buildings could be constructed, in particular basements or footings fortaller buildings," the EIS says. "This would restrict opportunities for urban revitalisation and improved liveability along and aroundParramatta Road."

As well as Ms Makaritis and her neighbour Tarja Shephard, Labor's roads spokeswoman and Member for Strathfield Jodi McKay said shealso feels misled by this aspect of the WestConnex project.

"I was told numerous times by the WDA that the reason for avoiding Parramatta Road had nothing to do with development," Ms McKaysaid. "They were categorical."

Ms Makaritis and Ms Shephard are concerned about the impact of construction below their properties. They are worried about the noiseand vibration of underground drilling. "Our old federation homes are worthy of historical value and preservation," Ms Shephardsaid. "They have shallow footings, are very fragile and with crumbling lime mortar."

A spokeswoman for the WestConnex Delivery Authority said the route south of Parramatta Road was chosen because of its shorter tunnellength, ground conditions, and alignment with proposed later sections of the motorway.

The spokeswoman said the chosen alignment had the "potential benefit" of preserving "the Parramatta Road corridor for future urbanrenewal" but this was "not the reason it was selected".

The state government has delayed plans for the development of Parramatta Road. A consultation process on a new plan, however, isscheduled to start within the next few weeks.

"This was also made clear by the project team in both community meetings," the spokeswoman said.

This story was found at: http://www.smh.com.au/nsw/the-hidden-reason-westconnex-runs-near-not-under-parramatta-road-20150911-gjklmi.html

Print Article: The hidden reason WestConnex runs near, not under, Parra... http://www.smh.com.au/action/printArticle?id=1000332666

1 of 1 12-Sep-15 8:25 AM

Documents

Hurstville Preliminary Market Analysis Report€¦ · The total number of valuation entries (as at 05/11/2015) within Canada Bay LGA – 18,224. The sum of land values in dollars