firslnqlionqlREAL ESTATE

Northlink

April - June 2O1O

Sl lves Comporolive Morket Anolysis.

Roseville Sl. lves

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Linking the North Shore

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Hello and welcome to the second quarterlyupdate Íor 2010 on the St lves Propertv Market

The property market has seen a lot of activity in the early stages of2010 with strong demand, which has led to high auction clearancerates and marked growth in residential real estate values. However,the effect of both national & international economic occurrencessuch as the compounding effect of six interest rate rises sinceOctober 2009, tightened lending criteria by the banks and theworsening financial crisis faced by Greece have all contributed tothe softening of auction clearance rates. Although auctions onlyrepresent a small proportion of dwelling transactions, it is a goodrepresentation of buyer confidence and demand.

Another topic of conversation, which is on everyone's lips at themoment is the Government's planned super profit tax on the miningindustry. W¡th several future mining projects either currently on holdor cancelled as a result of the new tax, it may still be too early to tellif the reduced employment levels within the industry is having adirect effect on consumer demand here in Sydney, but Queenslandand Western Australia are already showing side effects of coolingconsumer sentiment as a result of the new reform.

Looking more on the bright side, in a bid to make buying a housemore affordable in Sydney, the NSW Government has announced itwill no longer charge stamp duty on homes that are "bought off the

this option, the exemption only applies so long as noconstruction has commenced on the development.Many buyers have already been caught out becauseconcrete slabs had been laid at the time of theirpurchase!!

Brenton Green 0438 673 858lllllrrltltl¡!l¡rt¡rr¡lr¡tr¡tlttlt¡ttarrrrrrtrtrrrrrtllrtlrlt¡ttlrlrtrtrt¡t

Sl lves Stolislics - April lo June Quorler¡ ¡ I r a al r r r a a a l I I I I I r I r r r r I I r lt ¡ ¡ a t I trt I t ¡ r r r I r ¡ r ! r I ¡t ¡t ¡ ¡ ll a ¡t I I lr ¡ ¡l¡ ¡t I I t I r r ra

How many homes were soldin St lves during the last quarter? 92

How many properties were listed for Auctlon? 35

How many were withdrawn from Auction? 12

How many properties sold at Auction? 21

What was the Auction clearance rate? 60%

What was the average days on market? 66

Average price discounting 6.41%

What was the Lowest recorded Unit Sale Price? $400,000

What was the Highest recorded Unit Sale P¡ïce? $2,000,000

What was the Lowest recorded House Sale Price? $765,000

What was the Highest recorded House Sale Price? 52,100,000

Present Quarter Median Unit Price $582,000

Present Quarter Median House Price $995,000

Ghange in Median House Price (% Ghange) 13.39%

Which street had the most recorded sales? Memorial Avenue

Most Recenl House Soles in St lvesllll!¡lltrlrrl¡rrrrrrrl¡l¡lllltlllll¡rrl¡arrrrrrarltt¡t¡tt¡tltlltll¡tt¡lllttt

Property

5 Dallas Place

27 Gollins Road

21 Banool Ave

60 Timbarra Road

8 Elizabethan Place

7 Brookfield Place

4 Majura Glose

6 Jefferson Ave

4 Gresta Close

20 Brallas Ave

58 Bimburra Ave

33 Warrimoo Ave

10 Lawson Pde

4l Catherine Sreet

95 Gambourne Ave

25 Kanoona Ave

39 Mudies Road

33 Nicholson Ave

409 Mona Vale Rd

12 Palm Street

Sale Date

lgth June,2010

16th June,2010

16th June, 2010

15th June,2010

14th June,2010

14th June,2010

llth June,2010

1Oth June,2010

lOth June, 2010

8th June, 2010

Sth June, 2010

30th May, 2010

28th May, 2010

25th May, 20'10

25th May,20l0

23'd May,2010

22d May,2010

20th May, 2010

20th May,2010

lSth May, 2010

Sale Price Summary

$1, 100,000 4 bed,3 bath, 2car,957sqm

$1,030,000 4 bed,4 bath, 2car,938sqm

$980,000 4 bed,2 bath, 2car,S42sqm

$l ,425,000 5 bed, 3 bath, 2 car,1680sqm

$1,030,000 4 bed,2bath,3 car, l000sqm

$1,300,000 4 bed,3 bath, 2car,1200sqm

$1,285,000 4 bed, 2bath, 2 car,936sqm

$805,000 Vacant Land,845sqm

$1,200,000 4 bed,3 bath, 2car,930sqm

$1,155,000 5 bed, 3 bath, 2car,929sqm

$1,325,000 5 bed, 3 car, 2car,872sqm

$942,500 3 bed, 2bath,1 car,96lsqm

$2,100,000 5 bed, 4 bath, 4car,96lsqm

$930,000 3 bed, 1 bath, 1car,697sqm

$962,500 3 bed,2 bath, 2car,986sqm

$989,000 3bed, I bath,1car,714sqm

$1,790,000 5 bed, 3 bath, 3 car, 936sqm

$1,030,000 4 bed,4 bath, 2car,923sqm

$995,000 3bed, 2bath,2car,739sqm

$900,000 4 bed,2 bath, 2car,961sqm

All care is taken to provide accurate data. All information is sourced from Australian Property Monitors.This market place report contains properties sold by Northlink First National and other agencies*

Mosl Recenl House Sqles in St lves¡I ¡ I I ¡ I I I I ¡I ¡I I ¡ I ¡' ¡ I I ¡ I I I I I I I I I

'¡ T

' ¡I II I IT I I ¡I I I I II ¡" T I I ¡ I II I ¡II!I I ¡ I III¡I

5 Dallas Place 27 Collins Road 21 Banool Ave 60 Timbarra Road

8 Elizabethan Pl 7 Brookfield Pl 4 Majura Cl 6 Jefferson Ave

4 Gresta Close 20 Brallas Ave 58 Bimburra Ave 33 Warrimoo Ave

l0 Lawson Pde 4l Catherine Street 95 Cambourne Ave 25 Kanoona Ave

lt!l.!Êç_lr

39 Mudies Rd 33 Nicholson Ave 409 Mona Vale Rd 12 Palm St

Mosl Recenl House Soles in Sl lves

Property

23 Marlborough Pl

4 Caringal Pl

l6 Pindari Ave

63 Lynbara Ave

98 Douglas Street

5l Stanley Street

I Whitmont Gr

35 Greenvalley Ave

12The Gloisters

9 Lowry Gr

4 Marlborough Pl

74 Alvona Ave

3l Eastern Arterial Rd

17 Shinfield Ave

l2 Monterey St

27 Torokina Ave

25 Milburn Pl

34 Hayle Street

4 Bundabah Ave

24 Cambourne Ave

Sale Date

l4th May, 2010

1Oth May, 2010

1Oth May, 2010

10th May, 2010

8th May, 20'10

8th May, 2010

7th May, 2010

7th May, 2010

6th May, 2010

Sth May, 2010

3'd May, 2010

30th April, 2010

30th April, 2010

29th April, 2010

29th April, 2010

27th Apnl,2010

27th April,2010

22nd April,2010

lgth April, 2010

8th April, 2010

Sale Price Summary

$805,000 3 bed, 2bath,2car,936sqm

$900,000 4 bed,2 bath, 2car,956sqm

$1,225,000 4 bed, 2 bath, 2car,986sqm

$870,000 4 bed,2 bath,2car,930sqm

$1,285,000 4 bed, 2bath, 2 car,936sqm

$1,026,000 3 bed, 1 bath, 2car,980sqm

$1,090,000 5 bed, 3 bath, 3 car,941sqm

$1,305,000 4 bed,3 bath, 2car,l821sqm

$1,700,000 5 bed, 4 bath, 3 car, 930sqm

$940,000 3 bed, 2bath,4 car,1200sqm

$1,541,000 4 bed,3 bath,3 car, l092sqm

$1,680,000 5 bed,3 bath, 2car,943sqm

$1,125,000 5 bed, 2 bath, 2car,2006sqm

$910,000 4 bed, 2bath,2car,1154sqm

$935,000 3 bed, 2bath,2car,1043sqm

$1,730,000 5 bed, 4 bath, 2 car,l l44sqm

$1,150,000 5 bed, 3 bath, 2 car,1268sqm

$1,800,000 5 bed, 3 bath, 2car,968sqm

$855,000 3 bed, I bath, 2car,8O3sqm

$1,125,000 4 bed, 3 bath, 2car,ll38sqm

All care is taken to provide accurate data. All information is sourced from Australian Property Monitors.This market place report contains properties sold by Northlink First National and other agencies*

Mosl Recenl House Sqles in St lvestlrl¡rt¡lllrl¡l¡traar¡rlrr¡artrrr¡ra¡lttlaalal¡ra¡¡¡a¡rrlr¡r¡rrr¡¡rallllllll

23 Marlborough Pl 4 Garingal Pl 16 Pindari Ave 63 Lynbara Ave

98 Douglas Street 5l Stanley Street I Whitmont Gr 35 Greenvalley Ave

12The Cloisters 9 Lowry Cr 4 Marlborough Pl 74 Alvona Ave

3l Eastern Arterial l7 Shinfield Ave 12 Monterey St 27 Toroktna Ave

25 Milburn Pl 34 Hayle St 4 Bundabah Ave 24 Cambourne Ave

firslnqliono ,, ,. ,

REAL ESTAT OfïnllnK

uthat is your

property Lt)orth?When the time comes to sell your home, one of the most importantdecisions to make is the price to ask for your property. A realistic marketingstrategy will assure you of two things:

. Obtaining your asking price or very close to it; and

. Making the sale sooner

Using the information provided in this quarterly market analysis, coupledwith the expert local knowledge from Northlink First National, you'll be able

to form an estimated judgement as to the realistic price range for yourproperty when the time comes to sell your most prized asset. The sale price

of your home should be based on prices achieved recently for similar

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When, you wünt to sell

StrLL WELL...

Brrnton Grrrn 0438 673 B5B

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