comparative market analysis€¦ · in 2011, 84.9% of the homes in ashbury were owner-occupied...

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COMPARATIVE MARKET ANALYSIS 3 Cheviot Street Ashbury NSW 2193

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Page 1: COMPARATIVE MARKET ANALYSIS€¦ · In 2011, 84.9% of the homes in Ashbury were owner-occupied compared with 86.3% in 2016. Currently the median sales price of houses in the area

COMPARATIVE MARKET ANALYSIS

3 Cheviot Street Ashbury NSW 2193

Page 2: COMPARATIVE MARKET ANALYSIS€¦ · In 2011, 84.9% of the homes in Ashbury were owner-occupied compared with 86.3% in 2016. Currently the median sales price of houses in the area

3 Cheviot Street Ashbury NSW 2193 3 1 2 664m2

THE PROPERTY

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Page 3: COMPARATIVE MARKET ANALYSIS€¦ · In 2011, 84.9% of the homes in Ashbury were owner-occupied compared with 86.3% in 2016. Currently the median sales price of houses in the area

Aerial View

Cadastral View

SINGLE PROPERTY MAPPING

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Page 4: COMPARATIVE MARKET ANALYSIS€¦ · In 2011, 84.9% of the homes in Ashbury were owner-occupied compared with 86.3% in 2016. Currently the median sales price of houses in the area

37 Cheviot Street Ashbury NSW 2193

Sold Price: $1,770,000Sold Date: 3 Mar 2018Category: House: One Storey / LowsetLot Plan: A//DP314558 ASHBURY NSW

3 1 2 569m2

Distance: 0.25km

31 Fifth Street Ashbury NSW 2193

Sold Price: $2,375,000Sold Date: 2 Dec 2017Category: HouseLot Plan: A//DP900532 ASHBURY NSW

4 2 1 531m2

Distance: 0.66km

1 Goodlet Street Ashbury NSW 2193

Sold Price: $1,340,000Sold Date: 19 Mar 2018Category: HouseLot Plan: 1//DP307705 ASHBURY NSW

3 1 2 430m2

Distance: 0.76km

75 Hay Street Ashbury NSW 2193

Sold Price: $1,800,000Sold Date: 7 Apr 2018Category: House: One Storey / LowsetLot Plan: 37//DP13296 ASHBURY NSW

3 1 1 585m2

Distance: 0.48km

147 Holden Street Ashbury NSW 2193

Sold Price: $850,000Sold Date: 28 Nov 2017Category: HouseLot Plan: 9//DP12677 ASHBURY NSW

4 2 2 533m2

Distance: 0.95km

149 Holden Street Ashbury NSW 2193

Sold Price: $1,700,000Sold Date: 10 Nov 2017Category: HouseLot Plan: 8//DP12677 ASHBURY NSW

3 2 1 531m2

Distance: 0.94km

SOLD PROPERTIES

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Page 5: COMPARATIVE MARKET ANALYSIS€¦ · In 2011, 84.9% of the homes in Ashbury were owner-occupied compared with 86.3% in 2016. Currently the median sales price of houses in the area

2 Melville Street Ashbury NSW 2193

Sold Price: $1,260,000Sold Date: 25 Nov 2017Category: House: One Storey / LowsetLot Plan: 8//DP11261 ASHBURY NSW

3 1 1 506m2

Distance: 0.43km

3 Trevenar Street Ashbury NSW 2193

Sold Price: $1,745,000Sold Date: 2 Dec 2017Category: HouseLot Plan: 9//DP7733 ASHBURY NSW

4 2 1 816m2

Distance: 1.05km

25 Woodlands Road Ashbury NSW 2193

Sold Price: $1,810,000Sold Date: 2 Dec 2017Category: HouseLot Plan: 46//DP667 ASHBURY NSW

3 1 2 563m2

Distance: 0.83km

56 Cheviot Street Ashbury NSW 2193

Sold Price: $2,035,000Sold Date: 4 Nov 2017Category: HouseLot Plan: 50//DP1163601 ASHBURY NSW

4 2 2 669m2

Distance: 0.35km

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Page 6: COMPARATIVE MARKET ANALYSIS€¦ · In 2011, 84.9% of the homes in Ashbury were owner-occupied compared with 86.3% in 2016. Currently the median sales price of houses in the area

The size of Ashbury is approximately 1 square kilometres.

It has 5 parks covering nearly 11.7% of total area.

The population of Ashbury in 2011 was 3,134 people.

By 2016 the population was 3,327 showing a population growth of 6.2% in the area during that time.

The predominant age group in Ashbury is 40-49 years.

Households in Ashbury are primarily couples with children and are likely to be repaying over $4000 per month on mortgagerepayments.

In general, people in Ashbury work in a professional occupation.

In 2011, 84.9% of the homes in Ashbury were owner-occupied compared with 86.3% in 2016.

Currently the median sales price of houses in the area is $1,708,750.

Median Sales Price

YEAR 2014 YEAR 2015 YEAR 2016 YEAR 2017 YEAR 2018Period Median Price Median Price Median Price Median Price Median Price

January $936,000 $1,192,500 $1,390,000 $1,500,000 $1,708,750

February $945,000 $1,201,000 $1,370,000 $1,560,000 n/a

March $967,500 $1,275,000 $1,355,000 $1,560,000 n/a

April $985,000 $1,275,000 $1,355,000 $1,630,000 n/a

May $996,000 $1,290,000 $1,380,000 $1,680,000 n/a

June $1,007,500 $1,310,500 $1,400,000 $1,655,000 n/a

July $1,007,500 $1,310,000 $1,400,000 $1,698,750 n/a

August $1,030,000 $1,290,000 $1,420,000 $1,717,500 n/a

September $1,090,000 $1,310,500 $1,520,000 $1,680,000 n/a

October $1,156,500 $1,318,000 $1,440,000 $1,620,000 n/a

November $1,170,750 $1,360,000 $1,500,000 $1,680,000 n/a

December $1,192,500 $1,380,000 $1,500,000 $1,708,750 n/a

Statistics are calculated over a rolling 12 month period

AREA PROFILE

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Page 7: COMPARATIVE MARKET ANALYSIS€¦ · In 2011, 84.9% of the homes in Ashbury were owner-occupied compared with 86.3% in 2016. Currently the median sales price of houses in the area

Median Sales Price

Median Sales Price vs Number Sold

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Page 8: COMPARATIVE MARKET ANALYSIS€¦ · In 2011, 84.9% of the homes in Ashbury were owner-occupied compared with 86.3% in 2016. Currently the median sales price of houses in the area

Recent Median Sale Prices (House)

ASHBURY CANTERBURY-BANKSTOWNPeriod Median Price Median Price

January 2018 $1,708,750 n/a

December 2017 $1,708,750 n/a

November 2017 $1,680,000 n/a

October 2017 $1,620,000 n/a

September 2017 $1,680,000 n/a

August 2017 $1,717,500 n/a

July 2017 $1,698,750 n/a

June 2017 $1,655,000 n/a

May 2017 $1,680,000 n/a

April 2017 $1,630,000 n/a

March 2017 $1,560,000 n/a

February 2017 $1,560,000 n/a

Statistics are calculated over a rolling 12 month period

RECENT MEDIAN SALE PRICES

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Page 9: COMPARATIVE MARKET ANALYSIS€¦ · In 2011, 84.9% of the homes in Ashbury were owner-occupied compared with 86.3% in 2016. Currently the median sales price of houses in the area

Sales Per Annum (House)

ASHBURYPeriod Ending Number

Jan 2018 32

Jan 2017 32

Jan 2016 35

Jan 2015 39

Jan 2014 37

Jan 2013 37

Jan 2012 26

Jan 2011 38

Jan 2010 33

Jan 2009 34

Statistics are calculated over a rolling 12 month period

Sales Per Annum (House)

SALES PER ANNUM

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Page 10: COMPARATIVE MARKET ANALYSIS€¦ · In 2011, 84.9% of the homes in Ashbury were owner-occupied compared with 86.3% in 2016. Currently the median sales price of houses in the area

Sales Per Annum (Land)

ASHBURYPeriod Ending Number

Jan 2017 n/a

Jan 2016 5

Jan 2015 1

Jan 2014 0

Jan 2013 0

Jan 2012 2

Jan 2011 5

Jan 2010 3

Jan 2009 0

Jan 2008 n/a

Statistics are calculated over a rolling 12 month period

Sales Per Annum (Land)

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Page 11: COMPARATIVE MARKET ANALYSIS€¦ · In 2011, 84.9% of the homes in Ashbury were owner-occupied compared with 86.3% in 2016. Currently the median sales price of houses in the area

Sales By Price - 12 months (House)

ASHBURYPrice Number

<$200K 0

$200K-$400K 0

$400K-$600K 0

$600K-$800K 0

$800K-$1M 1

$1M-$2M 23

>$2M 4

Statistics are calculated over a rolling 12 month period

Sales By Price - 12 months (House)

SALES BY PRICE

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Page 12: COMPARATIVE MARKET ANALYSIS€¦ · In 2011, 84.9% of the homes in Ashbury were owner-occupied compared with 86.3% in 2016. Currently the median sales price of houses in the area

Sales By Price - 12 months (Unit)

ASHBURYPrice Number

<$200K 1

$200K-$400K 0

$400K-$600K 0

$600K-$800K 0

$800K-$1M 0

$1M-$2M 0

>$2M 0

Statistics are calculated over a rolling 12 month period

Sales By Price - 12 months (Unit)

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Page 13: COMPARATIVE MARKET ANALYSIS€¦ · In 2011, 84.9% of the homes in Ashbury were owner-occupied compared with 86.3% in 2016. Currently the median sales price of houses in the area

Sales By Price - 12 months (Land)

ASHBURYPrice Number

<$200K 0

$200K-$400K 0

$400K-$600K 0

$600K-$800K 0

$800K-$1M 0

$1M-$2M 0

>$2M 1

Statistics are calculated over a rolling 12 month period

Sales By Price - 12 months (Land)

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Page 14: COMPARATIVE MARKET ANALYSIS€¦ · In 2011, 84.9% of the homes in Ashbury were owner-occupied compared with 86.3% in 2016. Currently the median sales price of houses in the area

Change in Median Price (House)

ASHBURY CANTERBURY-BANKSTOWNPeriod % Change % Change

Jan 2018 13.92% 0%

Jan 2017 7.91% 0%

Jan 2016 16.56% 0%

Jan 2015 27.4% 0%

Jan 2014 6.36% 0%

Jan 2013 1.27% 0%

Jan 2012 2.06% 0%

Jan 2011 23.94% 0%

Jan 2010 -1.01% 0%

Jan 2009 6.2% 0%

Statistics are calculated over a rolling 12 month period

CHANGE IN MEDIAN PRICE

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Page 15: COMPARATIVE MARKET ANALYSIS€¦ · In 2011, 84.9% of the homes in Ashbury were owner-occupied compared with 86.3% in 2016. Currently the median sales price of houses in the area

Household Structure

Type Percent

Couples with Children 59.2

Childless Couples 26.4

Single Parents 12.3

Other 2.2

Statistics are provided by the Australian Bureau of Statistics (ABS)

Household Structure

Household Occupancy

Type Percent

Owns Outright 49.5

Purchaser 36.8

Renting 11.5

Not Stated 1.6

Other 0.3

Statistics are provided by the Australian Bureau of Statistics (ABS)

HOUSEHOLD

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Page 16: COMPARATIVE MARKET ANALYSIS€¦ · In 2011, 84.9% of the homes in Ashbury were owner-occupied compared with 86.3% in 2016. Currently the median sales price of houses in the area

Household Occupancy

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Page 17: COMPARATIVE MARKET ANALYSIS€¦ · In 2011, 84.9% of the homes in Ashbury were owner-occupied compared with 86.3% in 2016. Currently the median sales price of houses in the area

Age Sex Ratio

ASHBURY CANTERBURY-BANKSTOWNAge Group Male % Female % Male % Female %

0-9 6.8 6.0 7.3 6.9

10-19 7.6 6.3 6.5 6.1

20-29 5.4 3.9 7.5 7.3

30-39 5.0 5.1 7.3 7.3

40-49 7.0 8.7 6.3 6.6

50-59 7.5 8.0 6.0 6.1

60-69 5.4 6.0 4.4 4.6

70-79 3.7 3.9 2.8 2.9

80-89 1.5 1.7 1.5 1.9

90-99 0.1 0.4 0.3 0.5

100+ n/a n/a 0.0 0.0

Statistics are provided by the Australian Bureau of Statistics (ABS)

Age Sex Ratio

AGE SEX RATIO

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Page 18: COMPARATIVE MARKET ANALYSIS€¦ · In 2011, 84.9% of the homes in Ashbury were owner-occupied compared with 86.3% in 2016. Currently the median sales price of houses in the area

Household Income

Income Range Ashbury % Canterbury-Bankstown %

0-15.6K 4.1 5.7

15.6-33.8K 7.8 14.8

33.8-52K 8.6 14.6

52-78K 11.6 15.6

78-130K 19.0 20.7

130-182K 15.0 10.0

182K+ 22.9 8.2

Statistics are provided by the Australian Bureau of Statistics (ABS)

Household Income

HOUSEHOLD INCOME

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Page 19: COMPARATIVE MARKET ANALYSIS€¦ · In 2011, 84.9% of the homes in Ashbury were owner-occupied compared with 86.3% in 2016. Currently the median sales price of houses in the area

Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant theaccuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by lawexcludes all for any loss or damage arising in connection with the data and information contained in this publication.

The Appraisal Amount contained in the report may have been manually provided by the Agent; or may be based on an automatedvaluation model estimate provided by CoreLogic (AVM Estimated Value). AVM Estimated Values are current at the date of thepublication only. It is computer generated and is not a professional appraisal of the subject property and should not be relied uponin lieu of appropriate professional advice. The accuracy of the methodology used to develop the AVM Estimated Value, theexistence of the subject property, and the accuracy of the AVM Estimated Value and all rule sets provided are estimates based onavailable data and are not guaranteed or warranted. CoreLogic excludes all liability for any loss or damage arising in connectionwith the Appraisal Amount and/or AVM Estimated Value.

Contains property sales information provided under licence from the Land and Property Information ("LPI"). RP Data Pty Ltdtrading as CoreLogic is authorised as a Property Sales Information provider by the LPI.

DISCLAIMER

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