2014 sydney property guide

8/11/2019 2014 Sydney Property Guide

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PROPERTY

GUIDE 2014


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s you should know:Promotion period 12.01am, 3.2.14 - 11.59pm, 30.4.14. Open to Australian resident s 18 years+, who apply and are approved for new consumer home, inves tment property or Equity Access loan withpac. Excludes Westpac Group employees and immediate family members. Loan must be settled and drawn down by 30.6.14. * 200 prizes of 12 months interest paid by Westpac on your loan up to a value of $56,000.n at 116 Miller St, North Sydney 4:00pm, 11.7.14. Winners notified by regis tered post; published in The Australian newspaper. Visit wes tpac.com.au/homeowns for full terms and condit ions. Credit criteria, conditions,nd charges apply. Permits: NSW LTPS/13/10423 SA T13/2411 ACT TP 13/04750 VIC 13/3100. 2014 Westpac Banking Corporation ABN 33 007 457 141 AFSL and Aust ralian credit licence 233714. WBC3601/T84/P2


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We want you to own your home sooner.

Apply for a new Westpac Home Loan before 30 April 2014 and you could

be one of 200 people to win your interest paid for 12 months.

Visit westpac.com.au/homeowns to find out how we can support you.

s you should know:Promotion period 12.01am, 3.2.14 - 11.59pm, 30.4.14. Open to Australian residents 18 years+, who apply and are approved for new consumer home, investment proper ty or Equit y Access loan withpac. Excludes Westpac Group employees and immediate family members. Loan must be settled and drawn down by 30.6.14. * 200 prizes of 12 months interest paid by Westpac on your loan up to a value of $56,000.n at 116 Miller St, North Sydney 4:00pm, 11.7.14. Winners notified by regis tered post; published in The Australian newspaper. Visit wes tpac.com.au/homeowns for full terms and conditions. Credit criteria, conditions,nd charges apply. Permits: NSW LTPS/13/10423 SA T13/2411 ACT TP 13/04750 VIC 13/3100. 2014 Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714. WBC3601/T84/BC


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DOMAIN PROPERTYGUIDE THE SUN-HERALD SUNDAY, MARCH 2, 2014 3

Hot start but some coolingwindsThe onlyway isupbut you

canexpect slower growth.

Top dollar: Theview from theFairfax familymansion at PointPiper, tipped togo for $100m.

ASTRONGFIRSTHALFDrAndrewWilson

Strongmarket momentumwill ensure a solid start to

2014, particularly intheupper north shore,the inner

west and the west. The15 per centpricegrowthoflast year, however, is clearly

unsustainable, particularly givenfading localandnational economiesand theprospect ofan oversupplied localinvestment market.Incomesand profitgrowthremainsubdued,employment levelsare fallingand inflation

will keep rising as the dollar falls. All areheadwinds forhousing.Pricegrowthin 2014

will probably be about half of that recorded in2013withmost occurringoverthefirst half.

Dr Andrew Wilson is senior economist for theFairfax-owned Australian Property Monitors.

CONDITIONSJUST RIGHTLisaBradley

After the dramaticturnaround of2013,weexpectslowerbut still stronggrowthin Sydneypricesthis

year of about 9 per cent forhousesand 7 per centforunits. Confidence ishigh and

interestrates arelikely to remainlow,encouraging homeupgraders and investors.ThelowerAussiedollar willbringfurtherincreasesin expatand foreign buyeractivity.First-home buyerswill start topick up againin thesecondhalf.

Lisa Bradley is a buyers agent and director ofFinders Keepers.

DOUBLE-DIGITPRICERISESLouisChristopher

Werepretty bullish.Ourforecast is15 to20 per centprice growthfor Sydneyonthebackof very lowstocklevels. Auctionclearanceratesare very high, askingpriceshavebeen rising fairly

rapidlyand housingfinanceapprovals atthestate levelare someof thestrongestwe haveseenforsome time. ThelowerAustraliandollaris going tohelp themarket aswell.Itsalmost a perfecttriggerof variouseventsculminatingin a strongrise inpricesin 2014.

Louis Christopher is the managing director ofSQM Research.

FURTHERINCREASESAHEADHansKunnenThesceneis setfor furtherhousepricegainsacrossSydney. Interestrates arelow,

migration ratesfirm, families continuetogrow andincomes have risen. Investorsare

seekingbetteryieldsinpropertyand thesupplyofnewhomesis notkeepingpacewithdemand.Assistingthetone ofthe marketwillbeongoing, modest,economicgrowth.However, a soft

labourmarketis expectedto actas a brakeondemand. Afurtherprice riseof 5to 8 per centispossible, withlowergainsforapartments.

Hans Kunnen is the senior economist atSt GeorgeBank.

MORESUSTAINABLEGROWTHTimLawless

Although we may seehousing market conditionsstartto cooloverthecoming

year at least at a macrolevel itdoesntmeanthehousing marketis setforanothercorrection. Growth

indwellingvalueswill slowto moresustainablelevels, broadlyin linewithincomegrowth.

That said,income growthoverthe comingyears is likely to be lower than the pastdecade.The typicalgrossrentalyieldforaSydneyhouseis now3.9 per cent. Yields thislowarelikelyto actas a disincentivefor investors.

TimLawless ishead ofRP Datasresearchandanalyticsteam.

SOMEUPPERENDMOVEMENTRodCornish

Investorswill still bein themarketbut probablynot asdominantas lastyear. Firsthomebuyersmayplayaslightlybigger part. Withmoreowner-occupiersin theapartment market, thisis

where the first homebuyers may come in. Intheupperend, wellsee a littlebit more

activityandsome fairlymoderategrowth insomeproperties ifthe share marketcontinuesto showstrength.

Rod Cornish is the head of real estate strategy atMacquarie Digital.

SERVICEDAPARTMENTSGAININGHarryTriguboff

Servicedapartments arebecoming more and morepopularas peoplestart tounderstandwhat theyare,andthereis a continuingdemand forapartmentsinareas that arecloseto the

centreof Sydney.Peoplehaveseenthatpriceswent up

because of low interest rates and we now havemorelocal buyers than before.

Harry Triguboff is the managing director of theMeriton Group.

HOW TO READ THE TABLES

YDALMERE RANK 339DIAN 2012 2013 Change Trend

USES 586 657 12.1% 3.9%

ARTMENTS 375 428 14.1% 0.9%

AL SALES 119 Auction 14 Private treaty 105

PTHREESALES

rimrose Av 1040

Park Rd 960

Chudleigh St 891

Houses

7%+

Apartments

7%+

he middlerice of allouses andpartmentsold in this

uburb duringhe year

The suburbs rankingbased on its house

and apartmentmedian prices

Percentage change of housesand apartment values

Pricesin $000s

Total numberof properties

sold during 2013

rices in $000s

he top threeouse/apartmentales in the suburbn 2013 either byuction or privatereaty. If APM wasnable to verifyhe reliabilityf the reportedrice it has beenxcluded.

Australian ProperttyMonitors prediction

of how far values willrise (or fall) this year

Average year onyear percentage

change in pastdecade

aStatistically not reliable where there were

wer than 10 sales or information imprecise.

DEXes preview 4

tments preview 6

er north shore 8

r north shore 11

hern beaches 14

h-west 18

and east 21

west 29

33

h-west andCanterbury-Bankstown 39

h 45

onal Domain editorStephen Nicholls,

3273 [email protected] and apartment dataAustralian

erty Monitors, 1800 817 616

erCarolyn BoydAdvertising Linda

, 9282 3506 [email protected]

rAlice and Andrew Wilson from

lle. Photo: James Brickwood


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Things you should know:*12 month average from 1 Jan 2013 31 Dec 2013, calculated on month-end balances for all active Westpac Ro cket Repay variable home loans and linked offs et accounts (where applic able) that are at least 1 month ahead of their minimumrepayment obligations. Credit criteria, conditions, fees and charges apply to our credit products. 2014 Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714. WBC3601/T44/P4

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SUNDAY, MARCH 2, 2014 THE SUN-HERALD DOMAIN PROPERTYGUIDE

Rising but not rocketing

PREDICTIONS HOUSES

SOURCE: AUSTRALIAN PROPERTY MONITORS

Best performing YoY This yearsSuburb Change forecast

Glenorie 25%+ 7%+

Waverton 25%+ 7%+

Cobbitty 25%+ 5%+

Harris Park 25%+ 7%+

Birchgrove 25%+ 7%+

Northwood 25%+ 7%+Sandringham 25%+ 7%+

Double Bay 25%+ 7%+

Ramsgate 25%+ 7%+

Palm Beach 25%+ 7%+

Worst performing YoY This yearsSuburb Change forecast

Kurraba Point -17.9% 7%+

Queenscliff -15.4% 5%+

Kensington -13.7% 5%+

Clontarf -13.3% 5%+

Sandy Point -9.1% 3%+

Prairiewood -8.5% 3%+Windsor -8% 5%+

Silverdale -7.3% 3%+

Taren Point -7% 7%+

Catherine Field -6.7% 3%+

xperts are tipping the first half of the year will be the

rongest, writes CarolynBoyd.

ter interest rate cuts jet-fuelled thearketin 2013and contributedto houseicesshootingupa stunning15.1percent,e2014 market hasbegun strongly withlers rushing to takeadvantage of thegood

nditions.Theprice growthhasprompteda surgeofctions before Easterand therewere1630turdayauctionsscheduledin February,per centmore thanFebruary lastyear and

per cent higherthanthepreviouspeakofbruary2011, accordingto figures from

ustralian Property Monitors.Finders Keepersbuyersagent LisaBradleyystheres stillplenty of unsatisfieddemandombuyers.Theintense competitionfor propertiesl ease back a bit later in the year but pricesl still be going up, so theresno point initing it out if you want to buy this year,she

ys.Throughout innerand middle-ringdney, the $750,000 to $1.4 millionrangewillainbe the mostcompetitive.Nevertheless,sellers mightbe betterto

move inthe firsthalfof theyearwhen salesareexpected tobe attheirstrongest.

DrAndrewWilson, thesenior economistforAustralian PropertyMonitors,says pricegrowthin Sydneyshouldbe about halflastyear and the bulk of it will happen in the firstsixmonths.Justhowwellthe marketwillfarefrommidwinterdependson economicperformance withpessimismcurrentlyoutweighingoptimism, he says.

We still havesomedarkclouds onthehorizonintermsof themedium-termoutlookforthe Sydney housing market. Thats thelocal economy andthenationaleconomy .. .lowwages growthand lowprofits growth.

Angie Zigomanis, senior manager ofresidentialat researchhouse BISShrapnel,sayswhile prices growthmight slowthis yearit willcontinue.Thereare enough pressurestherein themarket,there isenough optimisminthe marketandinterestrates arelowenoughthatbuyerswillstillbe wadingin andpurchasing, he says.

Zigomanispredictsgrowthof 7 percentto8 percentfor2014.Its notan overly

comfortable levelof growthbut notenough totrigger anydownturnin themarket, he says.

Thepost-Olympicprice risesof the early2000sare stillthe highwatermark of Sydneyhouseprices, Wilsonsays.Wewontgetnear that butcertainly its ina very solidsecond placeat themoment.

Interest rates areexpectedto remainsteady. Therate-cutting cyclemay be overor closeto over. However, mosteconomistsarent expecting officialinterestratesto riseduring 2014, saysTim Lawless,head of RPDatas researchand analyticsteam.

Perhapsthe mostbullish commentatorisSQMResearchsmanagingdirectorLouisChristopher. Hes predictingprice risesinSydneyof 15to 20per cent andnationalincreasesof7to11percent.

Onthe supply side,theres hardlyanythingcomingon tothe market nowbutwethinkin 2015,2016, therewill be, Christophersays.

Laing+Simmonsgeneral manager LeannePilkington is morebearish.I dont

necessarilyexpectprices to be doinganythingradicalbut I still think that thereisgoingto bea fairbit ofactivity, shesays.

St George Banksenior economist HansKunnenand McGrathEstate Agents chiefJohnMcGrath bothanticipaterises of5 to 10 per cent thisyear.

Ithinkwere infor a three-year orfour-year growth cycle, McGrathsays. Cyclesarenot a 45-degree trajectory, therearealwaysperiodsof a pauseand thenoccasionallya slightcorrection. Thatis justthenaturalway a market moves.

RodCornish,theheadof real estatestrategy atMacquarie Capital, saysa lack ofnewdetachedhousingcould seedeveloperssearchingeven morekeenlyfor infillsites.We willseemoreof that andwellsee someindustrialareas change .. . into residentialareasto getthat newhousing,he says.

Raine& Hornechief executiveAngusRaineis forecastinggrowthof 5 to 7 per cent.Therellbe pockets across the metropolitanareathat outperformthe average, suchas the

Housespreview


6/48hings you should know:Credit criteria, terms and conditions, fees and charges apply to our credit products. 2014 Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714. WBC3601/T44/P5

If youre looking to own a home, it pays to

be prepared. At Westpac, well help you get

ready with a free property report. Youll have

access to sales history, a price estimate

and comparable properties in the market.

Just pop into your local branch to have a

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Find out more at

westpac.com.au/homeowns

Get Set. Own.

DOMAINPROPERTYGUIDE THESUN-HERALD SUNDAY, MARCH 2, 2014 5

stlowernorthshore,innerwestandernsuburbs markets, saysRaine.d bekeepinga close eyeon thecitysr west in2014,withcommutersuburbsas Petersham,Stanmore,Dulwich Hill

SummerHillamongthe picks, saysne.Therewillbe opportunities tooindle-ringsuburbswith the relativelyrdable St George regionexpected to drawrestfrom firsttime buyers.thewest,Raine&HorneStMarysisngthe valuesof MountDruitthouses to

w by10 percent,thanksto lowinterestsand healthyinvestmentreturns.the north west,Rainesaysvalues in

aVista,RouseHilland CastleHillstandofitfromconstructionof theNorthWest

Link. In outerSydney, Australands Nigelarsaystherehavebeen strongland saleshe past four years.

t-timebuyershout governmentgrants forestablished

erty (thereis still a $15,000grantif younew or off-the-plan), first-home buyersearto have struggledto getintothesingmarket.Opinion aboutwhether first-e buyerscouldenterthe housingmarketeater numbersin 2014 isvaried.PDatas Lawlessis notexpectingtheation to changethis year. First-homers are at historically low levels, and we

tsee a material improvementin first-e buyerpenetration inthe housing

ketover2014unless there arechangestonteligibilityor state-level concessions,ays.owever, APMs Wilsonsays first-homers are starting to trickle back into the

ketplace. Afterhigh levelsof first-homers in 2011 and 2012, it was natural to

ecta pause inactivity, hesays.

raders/Downsizerssurge inthe prices andauctionclearancesshould giveupgradersand downsizershave been sitting on their hands theidenceto take their existingproperties toket, saysBIS Shrapnels Zigomanis.

Because theSydney markethasbeen inthedoldrumsfor quite some time,a lotofupgraders have been. .. waitingfora betterenvironment tosell their existing home, hesays.

Now that themarket haspicked up,Zigomanisis expecting tosee moremovement.In particular, thereis a levelofpent-upupgrader demand,he says.

PrestigepropertyAfter struggling in 2013, the prestige marketistippedfor more actionthisyearand sellershavesteppedupto theplatewith arushofhigherpricedhomesbeingputup forsaleinFebruary.

Signs ofmovementbeganemergingin thelead-upto Christmasin somespots. Bytheendof lastyearwewere starting tosee moreactivityin the$3 millionand aboveprice

range, particularlyon the lowernorth shoreandin theeastern suburbs,says APMsWilson.

Sales arestilltypicallybelow wheretheywere three or four years ago but certainly

therewas increasedconfidenceand buyingactivity.

Wilsonsays confidence is catching.Cornishis alsoexpectingincreased sales at

theupperend butsaysprestigeprices arentlikelyto improve much thisyear.

InvestorsA surge in investor activity was a significantfactorin pricesgrowthin 2013,particularlyinthe westernsuburbs.

We had unprecedented levelsof investorsin the Sydneymarket, saysWilson. Werestill seeingvery high numbersof investorsenteringthe market.

Generally, most expertspredict investoractivity willremain strongthis yearalthoughperhapsnot atthe heightsseen in2013.

RP DatasLawless saysthe typical grossrentalyield fora Sydneyhouseis now

3.9 per cent. Yieldsthislow arelikely toactas a disincentivefor investors,particularlyconsidering the previous highrate of capitalgain andthe prospect that futurecapitalgainsmay beloweroverthe mediumterm,he says.

And if Christophers predictions of15 to 20 per cent pricerises forSydneyhousingcometo fruition, hesaysexistinginvestorsare goingto have a goodtime.

Its definitelya sellers market and itsgoingto remainthatwayunlesswe seesomekindof multipleincreasein interest rates,

which if you look at the interest rates, it is notonthe forecast atall, Christophersays.

Asellersmarket convinces couple

Ready to sell: Alice and Andrew Wilson. Photo: James Brickwood

With anactivetoddlerandplanstoexpandtheir family, AndrewandAliceWilsonare lookingtoupgradeintoalargerhomeintheinnerwest.

Theyoung professionalcoupleboughttheir two-bedroomworkerscottagein Rozelle fiveyearsago.Andrew, amanagementconsultant, andAlice, a riskanalyst,found thepropertyeasyto rentwhentheylivedinLondonfortwoyearsand sincereturningtoSydneyhave lovedtheconvenienceof being closeto citybusesandtheBayRunaroundtheshoreof IronCoveBay.

Butnowtheyneedmorespace.Itturnsoutbabiescomewithalotofstuff.Wejustwant athirdbedroom,says Andrew.

Withthemarket performingwell,itseemedtherighttimetosell.Themarketisin suchagreatstateforsellersso,itkindofmadealotofsense, saysAndrew.

Onthe flipside,that couldmeantheywill facetougher competitionfortheir nextproperty.

TheWilsonstwo-bedroomcottageat3 ProsperStreet,hasacontemporarybathroomandkitchenbut offersscopefor furtherrenovation.TheWilsonsareauctioningit onMarch15throughBellePropertyBalmainsLindseyKemp.

Thefamilyislookingforathreeorfour-bedroomhomeon300squaremetres-plus inRozelle,Balmain,Lilyfieldor Drummoyne.

CarolynBoyd


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6 SUNDAY, MARCH 2, 2014 THESUN-HERALD DOMAINPROPERTYGUIDE

High-fives for high-rises

PREDICTIONSAPARTMENTS

SOURCE: AUSTRALIAN PROPERTY MONITORS

Best performing YoY This yearsSuburb Change forecast

Point Piper 25%+ 7%+

Hunters Hill 25%+ 7%+

Milsons Point 25%+ 7%+

Gregory Hills 25%+ 5%+

Dawes Point 25%+ 7%+

Annandale 25%+ 7%+

Balmain East 25%+ 7%+

Greystanes 25%+ 7%+

Greenwich 25%+ 7%+

Millers Point 25%+ 7%+

Worst performing YoY This yearsSuburb Change forecast

Hillsdale -23.8% 5%+

Bayview -22.5% 5%+

Minto -18.2% 7%+

Forest Lodge -16.7% 5%+

Curl Curl -15% 5%+

St Marys -13.9% 5%+

North Turramurra -11.% 3%+

Lindfield -10.2% 3%+

Darling Point -9.6% 5%+

Dolls Point -9.6% 5%+

Demand is fuelling unit approvals, writesCarolyn Boyd.

Therush ison toquenchthe growingthirstforapartment livingwith a raftof newdevelopmentsin the pipeline acrossSydney.

Wereseeing recordnumbersof newbuilding approvals for high-rise apartmentsin Sydney,says Dr AndrewWilson,thesenioreconomistat AustralianPropertyMonitors.

Thefloodof newstockshould easilybesoakedup though asthe increasingdesireparticularlyfrom emptynestersand youngprofessionals to livecloser to infrastructureandamenitiesmeans theunitmarketwillcontinue tobe popular,Wilsonsays.

We are seeingcertainlymore owner-occupiers than we haveseen previously[buying]into apartments, saysRod Cornish,Macquarie Capitalshead of realestatestrategy. Ifyou lookbackovera decadeago,literally developerswere sellingto investors.

Kim Hawtrey, associate director ofbuilding forecasting at BIS Shrapnel, saysabout 3000newapartments willcomeonlineinthe heart ofSydneys CBDin thenextthree years.

Its a solid numberbut nota patchonVictoria where oversupply concerns have

been raised over the more than 7000 newapartments expected in Melbournescitycentreduring thesameperiod.

Across Sydney,7530 apartments are dueforcompletionin 2014, says SamNathan,director of strategic property consultancyCharterKeck Cramer.

However, developmentapplicationsfornewapartments mayhave already peaked,Cornishsays.

Its partlybecause thereweredevelopment sites availableat thestartof thisupswing,he says.Nowa lotof those have

been used up or commenced.Becauseof thetimetakento build,it could

be several years before many of the newapartmentsnow being approvedand soldofftheplanwillactuallybe readyto housepeople. However, saysWilson, it doesreflectthatstrongunderlyingdemandfor units inSydney.

Angie Zigomanis, senior manager ofresidentialat BIS Shrapnel, sayswhileapartmentconstructionhas beenup forthepast coupleof years,it isincreasingfrom

way back, itsprobab ly still not high enough toaccommodatepopulationgrowth.

LeannePilkington,generalmanager ofLaing+Simmons,says zoningchanges shouldallowfor furtherdevelopmentacross the city.

Theres alsoa growingtrend foroldercommercialbuildings, whichhave passedtheir use-by datesas office spaces, tobe madeover forapartments.Thisis creatingthepotential forsome exciting offerings withhigherceilingsand historictouches.

PriceoutlookFiguresfrom AustralianProperty Monitorsshows pricesgrew10.9 percentin 2013to amedianof $541,992, below the15.1 percentmarket growthfor houses.

Wilsonis predicting apartment priceswillgrow atabouthalf of whattheydidin 2013,dueto theuncertaintyoverthe local andnational economyandthe potential ofunemploymentticking up.

DavidMilton, CBREs managing directorof residentialprojects, saysSydneyapartmentsshouldrisein priceby 5 percentto7.5 percentthisyear. Some areas,likethe

CBD, could potentiallygo up10 percent, hesays.The city [market] isgoingto getstronger and stronger.

Buyersagent LisaBradley of FindersKeepers predicts pricegrowth forapartmentsin 2014willbe more steadythanspectacular.

Most ofthe apartmentinvestorsinSydneysinner-ringsuburbs pitchtheir

budgets around $600,000,so competitionwill conti nue to be fierce in that range,Bradley says.

Lookingfurtherout,JohnMcGrath, headof McGrathEstate Agents, says therewont

be a huge differentiation between houses andunits,but I suspecthousesmayslightlyoutpaceunitsin terms ofcapitalgrowthoverthreeyears.

For nowthough, Angus Raine,chiefexecutive of Raine& Horne,says Sydneysapartment markets fromentry-levelunitstoprestigepenthouses stand toprofitfroma weakerAustralian dollar. A cheaperlocalexchange rateis likely to attract renewed

Apartmentspreview


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DOMAINPROPERTYGUIDE THE SUN-HERALD SUNDAY, MARCH 2, 2014 7

est. .. from Australian expatsandseas buyers,he says.tential apartment buyers shouldlook

tockwhich iscloseto work, hasexcellentsportservices andisnttoodistant fromtyle destinations, Rainesays.iltonpredicts soliddemand fortments in Sydneysmiddle-ring suburbs,t12-to-18 kilometresout, particularly

re there is good infrastructure such asnes.

ner-occupiersr first-home buyers virtually deserted

marketthen struggled toget back inlast

against the flow of investors, Zigomanisfirst-home buyerdemandis atrockom.edoesnt anticipatemuchchange this

saying first-home buyers will not makecontributionto themarket.

owever, Australands general manager ofdential in NSW, NigelEdgar, saystherebeenstrong interestfrom first-home

rs at the more affordable end. AtmtonPark Villagein Campsieand

overyPointat Wolli Creek, atleastone inuyers is a first-timer, Edgarsays.heyre newbuildingsandso thefirst-ebuyerstimulus forNSWis clearly

ctingfirst-homebuyers, he says.yre buyingprice-pointedproducts inral aroundthat $450,000 to $500,000ofpricepoint,where theycansecureit.nvestorinterestcools,as many predict

happen in 2014, first-home buyers mayr theunitmarket ingreater numbers.ereare somedevelopersnot justetinginvestors,a numberare alsokingabout what theycanpotentiallydowner-occupiers as well, Cornishsays.cGrathsaysbuyersof allagesareidering apartments becausehousing forepeople hasbecome unaffordableif notaffordable.lso,youregetting a lotof babyboomersaresortof movingintoa moreainable environment of lower

ntenance and lower costs.

InvestorsInhis 30yearsin real estate,Rainesayshehasnever seen investors moredominant.

Some ofour officesin westernSydney arereporting thatinvestorsrepresent about80 per centofbuyers,he says.

In Parramatta,Crown Groupreportsstronginvestorinterest in its 519-apartmentdevelopmentV byCrown, wherepricesstartfrom$415 000.

This hasbeenpopular withlocalinvestors whosee the growthandemployment potential of Parramattawithmanymajor corporationssuch as Deutsche

Bankwith headquartersthere,aspokeswomansays.Macquarie CapitalsCornish saysnew

developmentscomingon tothe marketcouldunderpininvestordemandas therewillbestockto actually investin.

Thestrongestpart ofthe marketwillcontinue tobe that $600,000 to$900,000rangeand inthatpricerangeI think well seemoregrowth,he says.

As the year progresses, softening yieldsaffected byrisingunitpricesandflatteningrentalgrowthareexpected todampeninvestor demand.

Were expecting a surgein newrentalproperties availablebecause of that[past]investor activity,says APMs Wilson.

TheSydneyrentalmarketis nota magicpudding. You just cantkeep throwing newlistings there andexpect tenantsto popuplikemushrooms everywhere.

Rainesayshe hashadreports oftenantspushingback on prices.Nevertheless,investors are expectedto remainquite active.

Lowvacancyrates and goodrentalincomewill attract investors, saysHans Kunnen,the senioreconomist atSt GeorgeBank.

Time to feel sand between your toes

Sea change: Rhonda Bennett and her husband, Steve, are looking for a maintenance-free lifestyle by the water in Cronulla. Photo: Steven Siewert

Afterraising fourdaughtersin a six-bedroomhomeinleafyJannali,RhondaandSteveBennettarehankeringto livebythe beach.

Wejustwanttospendmoretimeenjoyingourselves asopposedto workinginthe yardandcleaningthe pool,Rhonda says.

Wewant a maintenance-freelifestyle.TheBennettsbothwork full-time Rhondaas

a communitypropertymanagerandSteveasa

hairdresser andareon thehuntfora three-bedroomunit withinwalking distanceofCronulla.

Itdoesntmatterifitsnotrightnearthewater,aslongas itis withina 15-minutewalkorso,Rhonda says.

StevelovesswimmingandI ama walker.Ilovewalkingon thebeach.

Itsa nicelifestyledown here its abit likeyoureonholidays.

TheBennettsareselling theirhomeof sevenyearsat29TheCircleinJannalithroughPeterGeraghty, ofSanders PropertyAgents,with anaskingprice of $900,000-plus.

Three-bedroomunitsonthemarketinCronullatypicallyhave askingprices rangingfromabout$750,000 tonearly$4 millionforawaterfrontpenthouse.


9/48

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SUNDAY, MARCH 2, 2014 THE SUN-HERALD DOMAIN PROPERTYGUIDE

Softer dollar likely tobring back expatriates

Fiveoffers: Belle Property Mosman agentTim Footesold this five-bedroomhome at 35CarringtonAvenue, Mosman,in December for $11 million.

heresno shortageof buyers on thelowerrthshoreandmanywantto demolish50sd 60spropertiesto buildbigger, more

odernhomes,or renovate olderCalifornianngalows.There arebuyerseverywhere looking,ysRawaNorman,of RayWhite North-idge.In theleafy Willoughbyarea, Norman says,

Were getting fantastic prices, crazyprices.anyof Normans buyers areof Chineseckground who want to build afresh, andenbuyersdoing up olderproperties arelurging. Peopleare spending up to00,000on renovationsto putan extra

oreyon,says Norman.Artarmon, which recorded9.8 per centowthin houseprices last year and7.3 perntin units,has beenparticularly popularanksto thereputationof itslocalschool.Dr AndrewWilson, chiefeconomistfor

ustralian Property Monitors, says valuesvebeenpushedupfromthebottom.Heys thelower northshorehadbeenanderperformerover the pastfew years as

prestigepropertyhas beenin the doldrumsin Sydney.

Thingscould belooking upat thepremiumendthough:$3 million-pluspropertiesbegantosell towards theendof last year, saysRichard Harding of LJ Hooker Mosman. Itstartedaftertheelection. . . andfinishedstrongly in October,November,December,saysHarding. I dont thinkthere werepricerises,therewas justmore stockturning over.

Mostbuyersof premium propertieshavebeen locals trading up, although Hardingexpects thatmay change slightly in 2014.Withthe Australiandollar softening,therecouldbe moreexpat buyers comingback in,he says.

TimFoote,of BellePropertyMosmanandNeutral Bay, says2013 deliveredrecordNovemberand Decemberperiods forhisagency. Thefinal quarterwas particularlystrongright across the board,he says.

Footesold a five-bedroomhome withnorth-facing deepwaterfrontageat 35 Car-ringtonAvenuein Decemberfor $11 million.We hadfiveofferson that, hesays.To get

that levelof genuine buyingand thedesiretopurchaseat thatprice pointwas prettystrong.

Therecouldbemoregrowthto come,saysbuyers agent Lisa Bradley, of Finders Keep-ers.Mosmanprice growthstill hassomecatchingup todo andshouldsee strongerrecoverythis year, particularlyaroundthe$2 millionto $3 millionrange. Otherstrongperformersin 2014are likelyto be Cremorne,Naremburnand Greenwich,says Bradley.

Foote is predictingmore premium prop-erty willcomeon themarketnow that ownersare seeingthatthe marketis good.

InNorth Sydney, a raftof newapartmentswill help breathe life into the heart of theprecinct,says Duncan Grady, principal ofRaine& HorneNorthSydney. Grady estim-ates that inthe NorthSydney hubthere are

nearly 1000apartmentsunder construction,orin thepipeline.

Grady saysbuyerinterest hasbeen excep-tional,with all projects nearly fullysoldbefore completion.

Raine& HornechiefAngusRainesaysthelowernorthshore apartment market enjoyeda bullish2013. We expectthismomentumtocarryinto 2014 withgrowthbetween6 and10 per cent, he says.

InSt Leonards,Raine says firsttimersarestill makingtheirpresence felt because oflowinterest rates. Its stillpossible to acquire amodernstudioapartmentin St Leonards for$400,000, whichis withinthe budgets of first-timebuyers, hesays. Theyfacecompetitionfrominvestorswho canrent suchpropertiesoutfor$450a week.

CarolynBoyd

Lower

north shore

,,houses apartments5-7% 5-7%2014 prediction


10/48

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MMERAY RANK 51AN 2012 2013 Change Trend

ES 1200 1488 24.0% 5.7%

TMENTS 630 721 14.5% 4.0%

SALES 198 Auction 95 Private treaty 103

HREESALES

St 9700

wdroy Av 4020

owdroy Av 4000

Houses

7%+Apartments

7%+

OWS NEST RANK 150AN 2012 2013 Change Trend

ES 1100 1130 2.7% 3.5%

TMENTS 520 565 8.7% 3.3%


HREESALES

ntington St 2012

chison St 1975lington St 1975

Houses

5%+Apartments

5%+

NTERS HILL RANK 23AN 2012 2013 Change Trend

ES 1510 1750 15.9% 4.3%

TMENTS 535 790 >25.0% 4.5%


HREESALES

St 5175

balena Rd 5150

ce Edward Pde 4950

Houses

7%+Apartments

7%+

CASTLECRAG RANK 21MEDIAN 2012 2013 Change Trend

HOUSES 1765 1850 4.8% 1.9%

APARTMENTS n/a n/a - -

TOTAL SALES 46 Auction 26 Private treaty 20

TOPTHREESALES

2 The High Tor 5900

40 Linden Wy 5100

17 Raeburn Av 2702

Houses

5%+Apartments

7%+

GLADESVILLE RANK 152MEDIAN 2012 2013 Change Trend

HOUSES 980 1173 19.6% 4 .5%

APARTMENTS 449 545 21.4% 5.0%


TOPTHREESALES

29 Delmar Pde 4400

13 Delmar Pde 34007 Shackel Av 2388

Houses

7%+Apartments

7%+

CREMORNE RANK 53MEDIAN 2012 2013 Change Trend

HOUSES 1200 1391 15.9% 3.4%

APARTMENTS 675 735 8.9% 4.1%


TOPTHREESALES

20 Wonga Rd 4925

2/52a Tobruk Av 3576

64 Ellalong Rd 3280

Houses

7%+Apartments

5%+

GREENWICH RANK 62MEDIAN 2012 2013 Change Trend

HOUSES 1584 1675 5.8% 3.7%

APARTMENTS 500 650 >25.0% 4.2%


TOPTHREESALES

24 Robertson St 4170

165 Greenwich Rd 400014 Hinkler St 3213

Houses

5%+Apartments

7%+

CREMORNE POINT RANK 10MEDIAN 2012 2013 Change Trend

HOUSES n/a n/a - -

APARTMENTS 750 928 23.7% 2.4%


TOPTHREESALES

3/10 Milson Rd 7000

3/41 Cremorne Rd 5400

7 Green St 3550

Houses

7%+Apartments

7%+

HENLEY RANK -MEDIAN 2012 2013 Change Trend

HOUSES n/a n/a - -



TOPTHREESALES

2 Sherwin St 3700

14 Dick St 330010 Crown St 2030

Houses

7%+Apartments

7%+

HUNTLEYS COVE RANK 16MEDIAN 2012 2013 Change Trend

HOUSES n/a n/a - -

APARTMENTS 850 863 1.5% 4.2%


TOPTHREESALES

5/2-6 Salter St 1600

306/24 Karrabee Av 1490

307/24 Karrabee Av 1475

Houses

7%+Apartments

5%+

HUNTLEYS POINT RANK -MEDIAN 2012 2013 Change Trend

HOUSES n/a n/a - -



TOPTHREESALES

33 Huntleys Point Rd 3400

1/41HuntleysPointRd 2432

- -

Houses

7%+Apartments

7%+

KIRRIBILLI RANK 17MEDIAN 2012 2013 Change Trend

HOUSES 2200 2350 6.8% 4.4%

APARTMENTS 708 799 12.9% 2.6%


TOPTHREESALES

4/69 Kirribilli Av 4700

12 Waruda St 3250

4/31a Carabella St 3230

Houses

5%+Apartments

7%+

RRABA POINT RANK 22AN 2012 2013 Change Trend

ES 3100 2545 -17.9% 0%

TMENTS 700 725 3.6% 2.3%


HREESALES

en Rd 4800

9 Lower Wycombe Rd 4200

hellcove Rd 4075

Houses

7%+Apartments

5%+

LANE COVE RANK 130MEDIAN 2012 2013 Change Trend

HOUSES 1026 1225 19.4% 3.5%

APARTMENTS 518 597 15.3% 4.4%


TOPTHREESALES

32a Little St 2780

8 Third Av 2420

19 Joseph St 2375

Houses

7%+Apartments

7%+

LANE COVE NORTH RANK 155MEDIAN 2012 2013 Change Trend

HOUSES 989 1100 11.3% 4.2%

APARTMENTS 511 558 9.1% 4.5%


TOPTHREESALES

13 Centennial Av 2542

11 Centennial Av 2317

92 Gordon Cr 2020

Houses

7%+Apartments

5%+

LANE COVE WEST RANK 118MEDIAN 2012 2013 Change Trend

HOUSES 1200 1307 8.9% 4.8%

APARTMENTS n/a 590 0% 1.8%


TOPTHREESALES

64 Cullen St 1922

58 Cullen St 1920

52 Cope St 1830

Houses

5%+Apartments

7%+

TARMON RANK 122AN 2012 2013 Change Trend

ES 1070 1175 9.8% 3.7%

TMENTS 580 622 7.3% 4.0%


HREESALES

armon Rd 2475

tama Rd 2100

ra Rd 2100

Houses

5%+Apartments

5%+


11/48

8215 8811

SUNDAY, MARCH 2, 2014 THE SUN-HERALD DOMAINPROPERTYGUIDE

NLEYPOINT RANK -AN 2012 2013 Change Trend

SES n/a n/a - -RTMENTS n/a n/a - -

L SALES 10 Auction 4 Private treaty 6

THREE SALES

e Avenue 3900

aughton St 2915

ughton St 2200

Houses

7%+Apartments

5%+

LSONS POINT RANK 5AN 2012 2013 Change Trend

SES n/a n/a - -

RTMENTS 877 1260 >25.0% 5.3%


THREE SALES

0-24 A lfred S t S 3800

30 Cliff St 3750

0-24 A lfred S t S 3650

Houses

7%+Apartments

7%+

ORTH SYDNEY RANK 113AN 2012 2013 Change Trend

SES 1085 1315 21.2% 4.3%

RTMENTS 550 598 8.6% 1.3%


THREE SALES

erstone Av 3750

ark Rd 2700

aling Rd 2525

Houses

7%+Apartments

5%+

LONGUEVILLE RANK 7MEDIAN 2012 2013 Change Trend

HOUSES 2100 2520 20.0% 4.2%APARTMENTS n/a n/a - -


TOP THREE SALES

68 Lucretia Av 6550

2 Kellys Esplanade 4850

34 Arabella St 4500

Houses

7%+Apartments

7%+

MOSMAN RANK 27MEDIAN 2012 2013 Change Trend

HOUSES 1950 2260 15.9% 3.2%

APARTMENTS 650 727 11.8% 3.6%


TOP THREE SALES

28 Plunkett Rd 11250

35 Carrington Av 11060

16 Iluka Rd 8600

Houses

7%+Apartments

5%+

MCMAHONSPOINT RANK 46MEDIAN 2012 2013 Change Trend

HOUSES 1625 1563 -3.8% 3.6%APARTMENTS 686 730 6.4% 3.7%


TOPTHREESALES

37 East Crescent St 8100

B/8 Henry L awson Av 6800

6/33 E ast Crescent S t 4250

Houses

5%+Apartments

5%+

NAREMBURN RANK 79MEDIAN 2012 2013 Change Trend

HOUSES 1200 1315 9.6% 4.6%

APARTMENTS 629 691 9.8% 4.0%


TOPTHREESALES

52 Garland Rd 2135

20 Wheatleigh St 2130

6 Waters Rd 2000

Houses

5%+Apartments

5%+

MIDDLECOVE RANK 81MEDIAN 2012 2013 Change Trend



TOP THREE SALES

36 North Arm Rd 1893

31 Heights Cr 1475

22 Rembrandt Dr 1438

Houses

5%+Apartments

7%+

NEUTRAL BAY RANK 84MEDIAN 2012 2013 Change Trend

HOUSES 1200 1273 6.0% 4.4%

APARTMENTS 610 695 13.9% 3.9%


TOP THREE SALES

74 Shellcove Rd 4310

5 Powell St 2750

22A Bertha Rd 2625

Houses

5%+Apartments

7%+

NORTHWILLOUGHBY RANK 66MEDIAN 2012 2013 Change Trend

HOUSES 1291 1490 15.5% 4.0%

APARTMENTS 591 683 15.7% 4.9%


TOP THREE SALES

75 Tyneside Av 2450

98 Sydney St 2250

150 Sydney St 2235

Houses

7%+Apartments

7%+

NORTHBRIDGE RANK 48MEDIAN 2012 2013 Change Trend

HOUSES 1679 2185 >25.0% 4.3%

APARTMENTS 720 669 -7.2% 3.9%


TOPTHREESALES

5 Hallstrom Cl 5600

34 Weemala Rd 4150

69 Kameruka Rd 3950

Houses

7%+Apartments

5%+

NORTHWOOD RANK 13MEDIAN 2012 2013 Change Trend

HOUSES 1660 2350 >25.0% 4.3%



TOP THREE SALES

5 Point Rd 6000

2 Kellys Esp 4850

85 Northwood Rd 3800

Houses

7%+Apartments

7%+

VERVIEW RANK 64AN 2012 2013 Change Trend

SES 1405 1450 3.2% 3.6%RTMENTS n/a n/a - -


THREE SALES

llaroo Rd 2600

rranya Rd 2430

oramba Av 2400

Houses

5%+Apartments

7%+

STLEONARDS RANK 61MEDIAN 2012 2013 Change Trend

HOUSES n/a n/a - -APARTMENTS 635 710 11.8% 4.7%


TOP THREE SALES

2401/3 Herbert St 2050

1403/599 Pacific H wy 1900

37 Berry Rd 1735

Houses

7%+Apartments

7%+

TENNYSONPOINT RANK 74MEDIAN 2012 2013 Change Trend

HOUSES 1205 1360 12.9% -0.1%APARTMENTS n/a n/a - -


TOPTHREESALES

88 Champion Rd 5800

27 Beach St 3788

131 Tennyson Rd 3500

Houses

7%+Apartments

7%+

WAVERTON RANK 26MEDIAN 2012 2013 Change Trend

HOUSES 1128 1800 >25.0% 7.3%APARTMENTS 720 770 6.9% 3.8%


TOP THREE SALES

16 McHatton St 3600

2 Tunks St 3425

2 Woolcott St 2730

Houses

7%+Apartments

5%+

LLOUGHBY RANK 101AN 2012 2013 Change Trend

SES 1200 1350 12.5% 4.7%

RTMENTS 525 611 16.4% 3.9%


THREE SALES

dey St 2360

dney St 2300

yalong St 2080

Houses

7%+Apartments

7%+

WOOLWICH RANK 3MEDIAN 2012 2013 Change Trend

HOUSES n/a 5090 0% 10.0%



TOP THREE SALES

2 Hunters Hl 6420

2 Werambie St 6420

13 The Point Road 5650

Houses

7%+Apartments

7%+

WILLOUGHBY EAST RANK 54MEDIAN 2012 2013 Change Trend

HOUSES 1469 1537 4.6% 5.6%



TOP THREE SALES

27 Fourth Av 2620

14 Mcclelland St 2445

67 Fourth Av 2313

Houses

5%+Apartments

7%+

WOLLSTONECRAFT RANK 115MEDIAN 2012 2013 Change Trend

HOUSES 835 1051 >25.0% 2.6%

APARTMENTS 638 680 6.6% 3.0%


TOPTHREESALES

13 Balfour St 2975

19 Ivy St 2750

38 Shirley Rd 2420

Houses

7%+Apartments

5%+

VENDER BAY RANK 121AN 2012 2013 Change Trend

SES n/a n/a - -

RTMENTS 619 629 1.6% 1.4%


THREE SALES

ing George St 6890

ing George St 5650

Waiwera St 5600

Houses

7%+Apartments

5%+

LOWERNORTHSHORE


12/48

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Plenty ofbuyers butno stock

Hot property: 23 Kareela Road Chatswoodsoldlast SeptemberthroughSheadProperty for $1,555,000 $455,000abovethe reserve andwell above thepreviousstreetrecord of $1.39million.

heuppernorthshorewasoneofthestarrformers lastyear, says DrAndrewWilson,esenioreconomist forAustralian Propertyonitors.Thebiggest price movementsforhousesin13werein EastLindfield,Asquith, Waitara,rdon, Pymble and Wahroonga.

Muchof thegrowthwas driven by

angeover buyers.Thestrength inthe uppernorthshorewasrtainlythe $1 million to$2 millionpricenge, Wilson says.IanClarke,principal atBelle Propertymble, says in 2013everymonth keptrpassingthe previousmonth andthe 2014

arketalso looks strong.Or asMark Blake,directorof LuschwitzalEstate, putsit, thisyearhas begun with

loodygoodbuyersout there andno stock.Nooneisfeelingthepinchfromallofthestof thedramain theeconomy,he says.Investors have beenactive andfirst-home

buyers have been looking but many timestheyarebeing beatenin themarket,Clarke says.

BuyersagentLisa Bradleyof FindersKeeperssaysschoolcatchment areas willcontinueto be atthe forefrontof theuppernorthshoremarket.

In2014,Roseville,EastLindfield and

Killarashould seemuch better growthin the$2million-plusrange, shesays.Inapartments, newofferingsat Gordon

haveproven particularly popular, saysKateWexlar, principalof Richardsonand WrenchGordon/Pymble.

Gordon hasa train connection thatappealstoprofessionalsworkingin thecity, shesays.

Thebusiestareaon theupper northshorelastyearwas Chatswood,where 527properties changedhands,figures fromAustralian Property Monitors reveal.

Hugh ONeill,principaland residentialsales managerof Shead PropertyChatswood,

says 2014 haspickedup asit leftoff,plussome.

Its reallystrongat themoment.Wereseeing bignumbersthrough opens, notmuchstock around andsome prices that arereally,reallysurprising, he says.

ONeillsayshesregularlyseeing30 or40people throughviewings.

Inquietertimesyoumightget10or15,soits certainlyover double.Shead Propertysellsan evensplitof

houses andunitsin theChatswoodarea andONeillis seeing stronginterestacross allprices ranges from older one-bedroom unitsthat start atabout$550,000to premiumhomespricedfrom$2 million to$3.5 million.

A strong desire from mainland Chinesebuyers to buy in the Chatswood CBD andimmediatefringe is creatinga slight two-speedmarket though.Outside ofthat,itsstill prettystrongbut thedemographicisslightlydifferent, ONeillsays.

RossCooper, group salesmanager ofChadwickReal Estate,markets propertiesfromCastle Coveto StIves Chase.

He says hes seenstrongdemandfor familyhomespricedfrom$1 million toabout$1.5 million.

Mostpotentialbuyers arenorthshorefamiliesupgradingto a biggerhome ormovingfor schooling. Andwhiletheres beena rushof buyers,vendornumbers have stayedsteady, pushingup thecompetitionfor eachproperty.

APMs Wilson is expecting a strong firsthalf oftheyearfor theuppernorthshoreand

says that, shouldthe generaleconomy slowlater in2014,buyingactivitymay alsosoften.Ina lot ofways itis amoretraditional

suburban environment. .. [and] thedriverstherearenotaslinkedtothetypeofresidentialpreference changesthat arehappeningin theinner west,Wilson says.Theyaremore a factorof increasedconfidencein changeover buyers.

As such, if changeover buyers begin to feellessconfident,they maydefertheirbuyingdecisions.Nevertheless,the areastill hasquite strong prospects,Wilsonsays.

CarolynBoyd

Upper north

shore

,,houses units5-7% 3-5%2014 prediction


13/48

8215 8811

Cherie MurrayPrestige Property Specialist

0418 266 612 or 9955 3194

[email protected]

Thinking of selling your Prestige Property?Let Cherie Murrays quality brand, excellent

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G6643623AA-

020314

12 SUNDAY, MARCH 2, 2014 THE SUN-HERALD DOMAINPROPERTYGUIDE

ASQUITH RANK 333MEDIAN 2012 2013 Change Trend



TOPTHREE SALES

31 Queens Rd 1505

32 Baldwin Av 1355

156 Sherbrook Rd 1150

Houses

7%+Apartments

5%+

BEROWRAHEIGHTS RANK 372MEDIAN 2012 2013 Change Trend

HOUSES 650 680 4.6% 3.4%



TOPTHREE SALES

142 Woodcourt Rd 1100

39 Berkeley Cl 932

11 Koloona St 930

Houses

5%+Apartments

5%+

CHATSWOOD RANK 67MEDIAN 2012 2013 Change Trend

HOUSES 1240 1385 11.7% 4.2%

APARTMENTS 623 700 12.4% 4.2%

TOTAL SALES 527 Auction 141 Privatetreaty 386

TOPTHREE SALES

31 Robinson St 3000

20 Tulip St 2890

56 Nicholson St 2800

Houses

7%+Apartments

5%+

BAR POINT RANK -MEDIAN 2012 2013 Change Trend

HOUSES n/a n/a - -APARTMENTS n/a n/a - -

TOTAL SALES 0 Auction 0 Private treaty0

TOPTHREESALES

- -

- -

- -

Houses

7%+Apartments

5%+

BEROWRAWATERS RANK -MEDIAN 2012 2013 Change Trend

HOUSES n/a n/a - -



TOPTHREESALES

- -

- -

- -

Houses

7%+Apartments

5%+

BEROWRA RANK 351MEDIAN 2012 2013 Change Trend


TOTAL SALES 60 Auction 4 Private treaty56

TOPTHREE SALES

114 Yallambee Rd 945

89 Bambil Rd 945

36 Koloona St 930

Houses

7%+Apartments

5%+

BROOKLYN RANK 422MEDIAN 2012 2013 Change Trend

HOUSES n/a 562 0% -4.6%



TOPTHREE SALES

14 Baden Powell Av 1510

43c Brooklyn Rd 1150

9 Brooklyn Rd 940

Houses

7%+Apartments

5%+

BEROWRACREEK RANK -MEDIAN 2012 2013 Change Trend



TOPTHREESALES

12 Berowra Creek 730

- -

- -

Houses

7%+Apartments

5%+

CASTLECOVE RANK 36MEDIAN 2012 2013 Change Trend

HOUSES 1500 1650 10.0% 2.2%



TOPTHREESALES

63 Headland Rd 2360

31 Headland Rd 2175

17 Korinya Rd 1870

Houses

5%+Apartments

5%+

CHATSWOODWEST RANK 123MEDIAN 2012 2013 Change Trend

HOUSES 1046 1140 9.0% 4.6%



TOPTHREESALES

28 Hawthorne Av 1485

64 Hawthorne Av 1480

243 Fullers Rd 1390

Houses

5%+Apartments

5%+

CHEERO POINT RANK -MEDIAN 2012 2013 Change Trend

HOUSES n/a n/a - -



TOPTHREE SALES

2 Milloo Pde 860

7 Cheero Point Rd 465

18 Milloo Pde 355

Houses

7%+Apartments

5%+

COGRA BAY RANK -MEDIAN 2012 2013 Change Trend

HOUSES n/a n/a - -



TOPTHREESALES

- -

- -

- -

Houses

7%+Apartments

5%+

COTTAGE POINT RANK -MEDIAN 2012 2013 Change Trend

HOUSES n/a n/a - -



TOPTHREE SALES

- -

- -

- -

Houses

7%+Apartments

5%+

COWAN RANK -MEDIAN 2012 2013 Change Trend

HOUSES n/a n/a - -



TOPTHREESALES

2 Gresham St 800

21 Alberta Av 670

4 Carissa Pl 640

Houses

7%+Apartments

5%+

DANGAR ISLAND RANK -MEDIAN 2012 2013 Change Trend

HOUSES n/a n/a - -



TOPTHREE SALES

- -

- -

- -

Houses

7%+Apartments

5%+

EASTKILLARA RANK 65MEDIAN 2012 2013 Change Trend

HOUSES 1366 1430 4.7% 3.9%



TOPTHREESALES

115 Springdale Rd 3080

12 Savoy Av 2860

8 Eastgate Av 2365

Houses

5%+Apartments

5%+

EAST LINDFIELD RANK 39MEDIAN 2012 2013 Change Trend

HOUSES 1415 1650 16.6% 5.4%



TOPTHREE SALES

201 Tryon Rd 3410

7 Brisbane Av 2710

94 Wellington Rd 2329

Houses

7%+Apartments

5%+

HORNSBY RANK 303MEDIAN 2012 2013 Change Trend

HOUSES 680 745 9.6% 3.7%

APARTMENTS 436 475 9.1% 3.4%


TOPTHREESALES

14 Rosemead Rd 1675

61 Burdett St 1380

27 Dural St 1330

Houses

5%+Apartments

5%+

GORDON RANK 60MEDIAN 2012 2013 Change Trend

HOUSES 1230 1473 19.8% 3.1%

APARTMENTS 661 709 7.3% 2.2%


TOPTHREESALES

14 Nelson St 4660

43 Nelson St 3380

17 Glenview St 2800

Houses

7%+Apartments

5%+

GUNDERMAN RANK -MEDIAN 2012 2013 Change Trend

HOUSES n/a n/a - -



TOPTHREE SALES

6698WisemansFerryRd 350

- -

- -

Houses

7%+Apartments

5%+

Upper

north shore


14/48

iG6562926AA-020314

Consideringa knock downrebuild...

LETstormwater.net.au

BE YOURFIRST STEP

Grandworth 42.5

Base price $253,950#

Huge 42.5sq luxury two storey home

ee our full range at allcastlehomes.com.au

family company building family homes

On your land plus site costs and authority requirements. Sydney metro price. Allcastle Homes Pty. Ltd. BLN39371C

DOMAIN PROPERTYGUIDE THE SUN-HERALD SUNDAY, MARCH 2, 2014 13

RNSBYHEIGHTS RANK 343AN 2012 2013 Change Trend

ES 680 726 6.8% 3.3%TMENTS n/a n/a - -


HREE SALES

omerville Rd 1283

olan Cl 1060

merville Rd 1060

Houses

5%+Apartments

5%+

LSONSPASSAGE RANK -AN 2012 2013 Change Trend

ES n/a n/a - -

TMENTS n/a n/a - -


HREE SALES

sons Passage 400

-

-

Houses

7%+Apartments

5%+

RTH TURRAMURRA RANK 102AN 2012 2013 Change Trend

ES 941 1020 8.4% 2.9%

TMENTS 820 730 -11.0% -0.1%


HREE SALES

obbin Head Rd 2050

agul Rd 2000

kpatrick St 1900

Houses

5%+Apartments

3%+

KILLARA RANK 44MEDIAN 2012 2013 Change Trend

HOUSES 1495 1690 13.0% 3.1%APARTMENTS 715 715 0% 4.2%


TOPTHREESALES

18a Forsyth St 5320

51 Greengate Rd 4300

62 Rosebery Rd 4200

Houses

7%+Apartments

3%+

MOONEYMOONEY RANK 371MEDIAN 2012 2013 Change Trend

HOUSES n/a 683 0% 0%



TOPTHREESALES

67 Point Rd 1150

35 Point Rd 1050

93 Point Rd 1030

Houses

7%+Apartments

5%+

LINDFIELD RANK 69MEDIAN 2012 2013 Change Trend

HOUSES 1428 1500 5.0% 3.2%APARTMENTS 750 674 -10.2% 5.2%


TOPTHREESALES

14 Northcote Rd 4140

36 Highfield Rd 4100

18 MacKenzie St 3500

Houses

5%+Apartments

3%+

MOUNTCOLAH RANK 364MEDIAN 2012 2013 Change Trend

HOUSES 641 700 9.3% 3.1%



TOPTHREESALES

10 Bimbil Av 1005

18 Neridah Av 971

46 Amaroo Av 883

Houses

5%+Apartments

5%+

LOWERMACDONALD RANK -MEDIAN 2012 2013 Change Trend



TOP THREE SALES

- -

- -

- -

Houses

7%+Apartments

5%+

MOUNTKURING-GAI RANK 358MEDIAN 2012 2013 Change Trend

HOUSES 665 715 7.5% 3.3%



TOP THREE SALES

14 Harwood Av 950

42 St Helens Av 902

3a King St 888

Houses

5%+Apartments

5%+

NORTHWAHROONGA RANK 167MEDIAN 2012 2013 Change Trend

HOUSES 953 1018 6.8% 2.6%



TOPTHREESALES

102 Grosvenor St 2500

92 Westbrook Av 2170

18a Daly Av 1970

Houses

5%+Apartments

5%+

PYMBLE RANK 85MEDIAN 2012 2013 Change Trend

HOUSES 1225 1470 20.0% 3.7%

APARTMENTS 629 645 2.5% 0.5%


TOPTHREESALES

32 Pymble Av 3325

29 Telegraph Rd 3200

25 Bromley Av 3160

Houses

7%+Apartments

5%+

ROSEVILLE RANK 58MEDIAN 2012 2013 Change Trend

HOUSES 1540 1550 0.6% 3.3%

APARTMENTS 650 692 6.4% 6.0%


TOP THREE SALES

57 Clanville Rd 4450

26 Clanville Rd 4000

35 Trafalgar Av 3450

Houses

5%+Apartments

5%+

SEVILLE CHASE RANK 71AN 2012 2013 Change Trend

ES 1223 1375 12.5% 3.0%TMENTS n/a n/a - -


HREE SALES

kley Pde 2560

Kingsway 2200

fith Av 2080

Houses

7%+Apartments

5%+

SOUTHTURRAMURRA RANK 192MEDIAN 2012 2013 Change Trend



TOP THREE SALES

15 Auluba Rd 1375

22 Geoffrey St 1270

36 Geoffrey St 1270

Houses

7%+Apartments

5%+

STALBANS RANK -MEDIAN 2012 2013 Change Trend



TOPTHREESALES

- -

- -

- -

Houses

7%+Apartments

5%+

ST IVES RANK 114MEDIAN 2012 2013 Change Trend

HOUSES 1040 1130 8.7% 3.0%APARTMENTS 600 647 7.8% -0.9%


TOP THREE SALES

40 Flinders Av 3050

17 Collins Rd 2460

116 Rosedale Rd 2322

Houses

5%+Apartments

5%+

IVESCHASE RANK 147AN 2012 2013 Change Trend

ES 1045 1085 3.8% 2 .8%

TMENTS n/a n/a - -


HREE SALES

mney Rd 2070

lins Rd 1800

pori St 18000

Houses

5%+Apartments

5%+

WAITARA RANK 249MEDIAN 2012 2013 Change Trend

HOUSES 750 898 19.7% 3.6%

APARTMENTS 445 488 9.6% 1.9%


TOP THREE SALES

8 Park Av 2255

28a Balmoral St 1400

76 Balmoral St 1270

Houses

7%+Apartments

5%+

TURRAMURRA RANK 131MEDIAN 2012 2013 Change Trend

HOUSES 1100 1155 5.0% 3.1%

APARTMENTS 600 608 1.3% -1.0%


TOPTHREESALES

41 Ku-Ring-Gai Av 4375

53 Warrangi St 4010

65 Ku-Ring-Gai Av 3500

Houses

5%+Apartments

3%+

WAHROONGA RANK 108MEDIAN 2012 2013 Change Trend

HOUSES 970 1174 21.0% 4 .5%

APARTMENTS 605 645 6.6% 2.8%


TOPTHREESALES

37 Burns Rd 6000

30 Billyard Av 5100

54 Kintore St 4450

Houses

7%+Apartments

5%+

RRAWEE RANK 82AN 2012 2013 Change Trend

ES 1525 1561 2.4% 2.2%

TMENTS 650 635 -2.3% 0%


HREE SALES

rrawee Av 6000

ton Pde 6000

stings Rd 4615

Houses

5%+Apartments

3%+

WEST PYMBLE RANK 164MEDIAN 2012 2013 Change Trend

HOUSES 895 1025 14.5% 3.7%



TOPTHREESALES

1 Malory Av 1945

6 Bolwarra Av 1830

37 Gillian Pde 1780

Houses

7%+Apartments

5%+

WINSTON HILLS RANK 380MEDIAN 2012 2013 Change Trend

HOUSES 592 669 13.0% 3.7%



TOPTHREESALES

180 Windsor Rd 920

7 Yarrabee Rd 910

14 Palmerston Av 888

Houses

7%+Apartments

5%+

WISEMANSFERRY RANK -MEDIAN 2012 2013 Change Trend

HOUSES n/a n/a - -



TOP THREE SALES

- -

- -

- -

Houses

7%+Apartments

5%+

Upper

north shore


15/48

4 SUNDAY, MARCH 2, 2014 THE SUN-HERALD DOMAINPROPERTYGUIDE

Renovators get busy,pushing up prices

Growth potential: This five-bedroom home at 961Barrenjoey Road, PalmBeach, soldfor$7 million last September through LJ Hooker Palm Beach.

hehammersandsawsaregettinga workoutthe northernbeaches asbuying andmodellingolder propertiestakesoff on theckof amuch-welcomerecovery in sales.There is a lotof renovating, saysCenturyDeeWhy principalBrettRead.Therestsomuchknockdownandrebuildingostbuyersarestretchedjustto buya prop-ty andmostdo itwith aviewto renovateowlyovertimeas they canaffordit.A shortageof properties under$1millionsagentson thenorthernbeacheswishingrmore supply.Anythingunder$1millionis attractingaof attention, saysRead.Thereare justtenoughto satisfy thebuyer demand.omManlyto PalmBeachthats reallythese.DavidMackay, principalof LJHookerAva-n,agrees. Thebottomendof themarketuparoundthat$1.2millionmark isvery, veryt,he says.Buyerswhofallin lovewithaopertyin that pricerangemightneedtoovefast. Whatwereseeing unfortunatelygazumping, saysMackay.Andthere aresomany buyerswantingto seal adeal

beforeauction. In .. .. previousyears,we justhaventexperiencedthat,says Mackay.Firsthomebuyersonthenorthernbeaches

arethinon theground.Century21sReadsaysdirectingfirsthomebuyergrants tonewpropertyhas reallycausedthis.Newunitblocksarefairlyscarce andthe

ones that arebeing built tend tobe outof thepricerangeof the firsthomebuyers,Readsays.Even fora one-bedroomyoucould bepayingclose to$600,000.Buttheres goodnews forinvestors. The

rentalmarketout here isverystrong assoonaswe getsomethingweleaseit straightaway, saysMackay. Its a turnaroundfromyearsgonebywhentherewas a glutofpropertyon themarket.Its littlesurprisethat investorshavebeen

snappingupapartments.The investorsareback in force like I havenot experiencedsince03, saysMichaelClarkeof Clarke+Humel.InManlyandFreshwater,where thereis a

changingofthe guard asolderresidentsmoveout, blankcanvasrenovatorsdelightsand top-notcharchitecturallydesignedhomesarebothpopular.

Peoplewhowork incrediblyhard.. . arepreparedto paytop dollarfor somethingwherethey can justmove straight in andputtheirbags down, saysClarke.Innew property, developersDenwolGroup

andOakstandPropertyGrouphavereleasedthesecond stage of theirSpringCoveofferinginManly. Ithas 17houses pricedbetween$4.35million and$5.75million,and landbetween$2million and$3.25million.Raine& HornechiefAngusRainesaysDee

Why, FreshwaterandCollaroy should benefitfrominvestorschasingolder two-bedroomunitsin 2014.Itremains possibleto earncloseto 5percentgross yieldsforentrylevelapartments typically 1960s-builtapart-ments,whichstart fromaround$525,000.McGrathEstateAgents chiefexecutive

JohnMcGrath is tippinggrowthfor PalmBeachin 2014.Therest ofSydney iskindof

10per centwhereitwaspre-GFC, andyetthat area isprobablystill30 percentbelow,hesays.Wewillstart tosee somegrowthatlast.AsPalmBeach is a summermarketthat

risecouldcometowardsthe endof 2014,McGrathsays.

CarolynBoyd

Northern

beaches

,,houses apartments5-7% 5-7%2014 prediction

ALLAMBIEHEIGHTS RANK 142EDIAN 2012 2013 Change Trend

OUSES 875 930 6.3% 2.7%

PARTMENTS 658 700 6.4% 0%

OTAL SALES 93 Auction 17 Private treaty 76

OP THREE SALES

Blamey St 1500

9 Condamine St 1406

Eerawy Rd 1375

Houses

5%+Apartments

5%+

BAYVIEW RANK 52EDIAN 2012 2013 Change Trend

OUSES 1200 1209 0.8% 1.9%

PARTMENTS 1675 1298 -22.5% 0%


OP THREE SALES

c Alexandra Cr 3900

Araluen Pl 375073 Pittwater Rd 2475

Houses

5%+Apartments

5%+

BROOKVALE RANK 244EDIAN 2012 2013 Change Trend

OUSES 772 828 7.2% 3.6%

PARTMENTS 515 535 3.9% 2.0%


OP THREE SALES

Shackel Av 1800

Shackel Av 1200

Shackel Av 1200

Houses

5%+Apartments

5%+

AVALON RANK 135MEDIAN 2012 2013 Change Trend

HOUSES 1025 1200 17.1% 3.5%

APARTMENTS 538 583 8.4% 3.2%


TOP THREE SALES

191 Whale Beach Rd 6300

8 Catalina Cr 3000

204 Whale Beach Rd 3100

Houses

7%+Apartments

5%+

CHURCHPOINT RANK 80MEDIAN 2012 2013 Change Trend

HOUSES 1190 1340 12.6% 2.2%



TOP THREE SALES

30 McCarrs C reek Rd 3620

32 McCarrs C reek Rd 3250

3/2137b PittwaterR d 2130

Houses

7%+Apartments

5%+

BEACONHILL RANK 228MEDIAN 2012 2013 Change Trend

HOUSES 857 928 8.2% 3.0%



TOP THREE SALES

3 Friendship Pl 1800

10 Scarborough Pl 171537 Lady Penrhyn Dr 1660

Houses

5%+Apartments

5%+

BALGOWLAH RANK 116MEDIAN 2012 2013 Change Trend

HOUSES 1100 1215 10.5% 3.4%

APARTMENTS 610 620 1.7% 2.9%


TOPTHREESALES

31 West St 1860

47 West St 1816

14a West St 1800

Houses

5%+Apartments

5%+

BELROSE RANK 184MEDIAN 2012 2013 Change Trend

HOUSES 878 950 8.2% 2.6%

APARTMENTS 479 560 16.9% - 0.4%


TOPTHREESALES

9 Morgan Rd 7500

117 Ashworth Av 15203 Caleyi Wy 1350

Houses

5%+Apartments

7%+

CLONTARF RANK 19MEDIAN 2012 2013 Change Trend

HOUSES 2250 1950 -13.3% 0.4%



TOPTHREESALES

11 Amiens Rd 3550

1A Gordon St 3550

3 Allenby La 3200

Houses

5%+Apartments

5%+

BALGOWLAH HEIGHTS RANK 31MEDIAN 2012 2013 Change Trend

HOUSES 1750 1738 -0.7% 2.2%



TOP THREE SALES

8B Beatty St 4500

30a Beatty St 3150

13 Lewis St 2755

Houses

5%+Apartments

5%+

BILGOLA RANK 168MEDIAN 2012 2013 Change Trend

HOUSES 905 1015 12.2% 1.8%



TOP THREE SALES

7 Allen Av 5350

7 Bilgola Av 44001 The Circle 1600

Houses

7%+Apartments

5%+

COASTERSRETREAT RANK -MEDIAN 2012 2013 Change Trend

HOUSES n/a n/a - -



TOP THREE SALES

- -

- -

- -

Houses

5%+Apartments

5%+

OLLAROY RANK 100EDIAN 2012 2013 Change Trend

OUSES 1343 1400 4.3% 3.7%

PARTMENTS 550 600 9.1% 2.6%


OP THREE SALES

Seaview Pde 5100

Ocean Gr 4440

Beach Rd 3400

Houses

5%+Apartments

5%+

CURLCURL RANK 95MEDIAN 2012 2013 Change Trend

HOUSES 1427 1750 22.6% 7.6%

APARTMENTS 665 565 -15.0% -1.0%


TOP THREE SALES

14 Seaview Av 2880

1 Adina Rd 2600

1 Curl Curl Pde 2500

Houses

7%+Apartments

5%+

CROMER RANK 243MEDIAN 2012 2013 Change Trend

HOUSES 848 908 7.1% 2.8%

APARTMENTS 515 487 -5.5% 2.1%


TOPTHREESALES

6 Burrawal Pl 1500

10 Fitzroy Rd 1325

8 Dorothy St 1225

Houses

5%+Apartments

5%+

COLLAROY PLATEAU RANK 127MEDIAN 2012 2013 Change Trend

HOUSES 890 1130 >25.0% 4.3%



TOP THREE SALES

29 Edgecliffe Bvd 2631

17 Edgecliffe Bvd 2200

7 Hilma St 2150

Houses

7%+Apartments

5%+


16/48


EWHY RANK 229AN 2012 2013 Change Trend

ES 871 900 3.4% 2.4%

TMENTS 483 525 8.7% 3.4%


HREESALES

ks Av 3000

nash Pde 2600

sia St 2075

Houses

5%+Apartments

5%+

RESTVILLE RANK 170AN 2012 2013 Change Trend

ES 880 934 6.1% 3.0%

TMENTS 650 600 -7.7% 2.4%


HREESALES

ke St 1600

ke St 1580ng Cl 1550

Houses

5%+Apartments

3%+

GLESIDE RANK -AN 2012 2013 Change Trend

ES n/a n/a - -

TMENTS n/a n/a - -


HREESALES

reanda Rd 2610

leside Rd 1850

rel Rd 1820

Houses

5%+Apartments

5%+

ELANORA HEIGHTS RANK 206MEDIAN 2012 2013 Change Trend

HOUSES 983 961 -2.2% 2.5%

APARTMENTS n/a 525 0% 0%


TOPTHREESALES

5 Kalang Rd 1750

33 Kwyong Rd 1735

11 Amaroo Av 1595

Houses

5%+Apartments

5%+

FRENCHS FOREST RANK 221MEDIAN 2012 2013 Change Trend

HOUSES 853 931 9.2% 2.9%



TOPTHREESALES

23A Grace Av 1888

72 Grace Av 18209 Bluegum Cr 1600

Houses

5%+Apartments

5%+

ELVINA BAY RANK -MEDIAN 2012 2013 Change Trend

HOUSES n/a n/a - -



TOPTHREESALES

44 Sturdee La 2300

41 Sturdee La 1200

15 Douglass Est 765

Houses

5%+Apartments

5%+

FRESHWATER RANK 145MEDIAN 2012 2013 Change Trend

HOUSES 1200 1300 8.3% 3.6%

APARTMENTS 520 535 2.9% 2.7%


TOPTHREESALES

75 Undercliff Rd 4500

63 Undercliff Rd 350031 Undercliff Rd 3450

Houses

5%+Apartments

5%+

FAIRLIGHT RANK 70MEDIAN 2012 2013 Change Trend

HOUSES 1061 1298 22.3% 4.4%

APARTMENTS 685 715 4.4% 1.2%


TOPTHREESALES

3/90 Lauderdale Av 2850

10/1 Lauderdale Av 2400

8 Parkview Rd 2300

Houses

7%+Apartments

5%+

GREAT MACKERELBEACH RANK -MEDIAN 2012 2013 Change Trend

HOUSES n/a n/a - -



TOPTHREESALES

15 Monash Av 1080

13 Monash Av 90029 Ross Smith Pde 900

Houses

5%+Apartments

5%+

KILLARNEYHEIGHTS RANK 119MEDIAN 2012 2013 Change Trend

HOUSES 1021 1160 13.6% 3.5%



TOPTHREESALES

15 Kildare Gr 2100

48 Killarney Dr 1918

150 Killarney Dr 1820

Houses

7%+Apartments

5%+

MANLY RANK 28MEDIAN 2012 2013 Change Trend

HOUSES 1601 1628 1.7% 3.1%

APARTMENTS 700 816 16.6% 2.8%


TOPTHREESALES

23b Cliff St 5500

18 East Esp 4000

21 Montpelier Pl 4000

Houses

5%+Apartments

7%+

MANLY VALE RANK 182MEDIAN 2012 2013 Change Trend

HOUSES 932 1061 13.9% 3 .3%

APARTMENTS 481 512 6.3% 2.6%


TOPTHREESALES

4 Mildred Av 1875

87 King St 1740

42 Lovett St 1490

Houses

7%+Apartments

5%+

NA VALE RANK 128AN 2012 2013 Change Trend

ES 920 1035 12.5% 2.7%

TMENTS 595 655 10.1% 3.9%


HREESALES

e St 3635

view Rd 3500

ce St 3400

Houses

7%+Apartments

5%+

MORNINGBAY RANK -MEDIAN 2012 2013 Change Trend

HOUSES n/a n/a - -



TOPTHREESALES

- -

- -

- -

Houses

5%+Apartments

5%+

NARRABEEN RANK 151MEDIAN 2012 2013 Change Trend

HOUSES 960 1100 14.6% 1.5%

APARTMENTS 557 581 4.3% 2.0%


TOPTHREESALES

107 Ocean St 5000

1 Loftus St 3000

145 Ocean St 3000

Houses

7%+Apartments

5%+

NARRAWEENA RANK 239MEDIAN 2012 2013 Change Trend

HOUSES 815 900 10.4% 3.0%



TOPTHREESALES

88 Alfred Rd 1375

17 Keith Payne Vc Pl 1350

114 Victor Rd 1260

Houses

5%+Apartments

5%+

WPORT RANK 166AN 2012 2013 Change Trend

ES 1020 1075 5.4% 1.6%

TMENTS 535 535 0% 2.0%


HREESALES

a Rd 8450

loo Pde 3850ngan Head Rd 3250

Houses

5%+Apartments

5%+

NORTHMANLY RANK 134MEDIAN 2012 2013 Change Trend

HOUSES 963 1118 16.1% 4.6%



TOPTHREESALES

38 Riverview Pde 2300

72 Riverview Pde 22007 Riverview Pde 1763

Houses

7%+Apartments

5%+

NORTHBALGOWLAH RANK 103MEDIAN 2012 2013 Change Trend

HOUSES 1098 1225 11.6% 4.3%



TOPTHREESALES

1 Tottenham St 2405

11 Illalong Av 21009 Mons Rd 1850

Houses

5%+Apartments

5%+

NORTHCURLCURL RANK 73MEDIAN 2012 2013 Change Trend

HOUSES 1250 1370 9.6% 3.4%



TOPTHREESALES

132 Headland Rd 2660

179a Headland Rd 260048 Austin Av 2265

Houses

5%+Apartments

5%+

RTHNARRABEEN RANK 234AN 2012 2013 Change Trend

ES 829 911 9.8% 2.7%

TMENTS n/a n/a - -


HREESALES

mbledon Av 2120

orarra Av 1900

mbledon Av 1700

Houses

5%+Apartments

5%+

PALMBEACH RANK 14MEDIAN 2012 2013 Change Trend

HOUSES 1715 2300 >25.0% 4.4%

APARTMENTS 920 890 -3.3% 0%


TOPTHREESALES

44 Sunrise Rd 10600

1013 Barrenjoey Rd 8700

4-6 Iluka Rd 7500

Houses

7%+Apartments

5%+

QUEENSCLIFF RANK 104MEDIAN 2012 2013 Change Trend

HOUSES 1300 1100 -15.4% 2.6%

APARTMENTS 610 690 13.1% 4.2%


TOPTHREESALES

69 Pavilion St 3800

3 Greycliffe St 2150

13/30 Q ueenscliff Rd 1650

Houses

5%+Apartments

7%+

SCOTLAND ISLAND RANK 305MEDIAN 2012 2013 Change Trend

HOUSES 684 800 17.0% 2.7%



TOPTHREESALES

81 Florence Tce 1185

59 Florence Tce 1150

19 Robertson Rd 1035

Houses

7%+Apartments

5%+

WHEELERHEIGHTS RANK 225MEDIAN 2012 2013 Change Trend

HOUSES 843 928 10.1% 2.2%



TOPTHREESALES

87 Lantana Av 1420

55A Lantana Av 1375

28 Kirkstone Rd 1201

Houses

5%+Apartments

5%+

WARRIEWOOD RANK 176MEDIAN 2012 2013 Change Trend

HOUSES 820 930 13.4% 3.9%

APARTMENTS 560 599 7.0% 2.2%


TOPTHREESALES

52NarrabeenParkPde 2250

54NarrabeenParkPde 1580

4 Arnott Cr 1285

Houses

7%+Apartments

5%+

TERREYHILLS RANK 195MEDIAN 2012 2013 Change Trend

HOUSES 890 965 8.4% 2.7%



TOPTHREESALES

327 McCarrsC reek Rd 2050

36 Timaru Rd 1250

12a Laitoki Rd 1200

Houses

5%+Apartments

5%+

AFORTH RANK 35AN 2012 2013 Change Trend

ES 1430 1515 5.9% 2.6%

TMENTS 735 825 12.2% 2.2%


HREESALES

aforth Cr 6500

gecliffe Esp 4356

na Cr 3350

Houses

5%+Apartments

5%+

VIDSON RANK 200AN 2012 2013 Change Trend

ES 910 959 5.4% 2.3%

TMENTS n/a n/a - -


HREESALES

Cr 1375

ey Pl 1350

mbora Av 1150

Houses

5%+Apartments

5%+


17/48


18/48

Call Simon Gourlay or Rainer Luedecke to arrange

an inspection today. WEBSITE www.setai.com.au

YOUR HAVEN BY THE SEA

new completed

beachside apartments

the northern beaches

last beach side retreat

downsize to a home size apartment today

with an average internal size of 170sqm

madeagency.com G6607398AA


19/48

allcastlehomes.com.au

#On your land plus site costs and authority requirements. Sydney metro price. Photographs in this advertisement may depict items such as furniture, floor coverings, light fittings, landscaping, retaining walls, feature walls, fencing, window furnishings, decorator items, upgrades, water features, pergolas notsupplied by Allcastle Homes. *FREE upgrade offer: Simply pay for a quote on ANY Allcastle Home, accept the quote with in seven (7) days of receiving it and proceed to contract signing as per conditions , in order to receive this very special offer. Note: Only applicable to paid quotes from 1st January 2014 o nhomes with a base price as per 1st January 2014 price list. Cannot be used in conjunction with any other offer. House and Land packages excluded. This offer supersedes all previously published or advertised offers. Credits not available for any item not used. Allcastle Homes has the right to substitute any itemswith similar products of equal value at any time, and change or withdraw offers without notice. Note: Photos within this advertisement may depict items not included in th e promotion. Please check with your sales consultant. Not available with Affordables range. Allcastle Homes Pty. Ltd. BLN39371C YPA6685

Allcastle Homes are the f amily company building familyhomes for over 20 years. They understand that people havedifferent needs and aspirations. Thats why from the start,youll know youre in good hands.

See Allcastle Homes Grandworth 42.5, a spaciouscontemporary design with open planning and generousroom sizes. Ideal for large families on a budget who loveentertaining.

As a bonus Allcastle Homes are giving you a FREE SMEGKITCHEN UPGRADE*. Smeg, the ultimate luxury kitchenappliances at no extra cost.

Visit the Grandworth 42.5 on display at Homeworld Kellyvilleand talk to an Allcastle Homes consultant today.

Allcastle Homes, a family company building family homes.

Now on display at Homeworld Kellyville

Grandworth 42.5

Base price$253,950#

Luxury SMEG appliances at no extra cost!

FREE SMEG UPGRADE!*

1

2014 sydney property guide

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