firstnqlionolREAL ESTATE

Northlink

JonuqÍY - Morch 2010

St lves Comporolive Morkel Anolysis.

Roseville Sl. lves

wvvvv. n orth li n k. com. q u

linking the North Shore

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firstnqlionqlREAL ESTATE

Northlinkta ¡ a ¡ I I l¡I I ¡ I ¡ I I It Il r lt I I t at ¡ ¡ I ¡ I I ¡tI ¡ I I I I lI I ¡l llll I I ¡l¡ tal I ll | ¡l ¡l¡all! I rr

Hello and welcome to our Quarterly Update

on the St lves Propertv Market

Welcome to the second edition of the St lves Market Report.Thankyou to all those who contacted me with positive feedbackabout my first edition, l'm pleased that this information is of interestto you.

W¡th winter just around the corner the weather is starting to cooldown, however, the property market is doing the complete oppositeand is heating up quick!!

W¡th the recent release of the Government's lntergenerationalReport highlighting the seriousness of the supply issues, which theAustralian property market is facing, it is clear that more dwellingsneed to be constructed to meet the level of demand faced. lf we alsoconsider the reduced levels of government restriction for overseasinvestors and the ever increasing population, which is predicted toincrease to 35.9 million by 2050, more then 7.1 million new dwellingswill be required (approximately 180,000 dwellings each year for thenext 4Oyears).

ln short, supplv and demand are what's going to continue to putpressure on rentals and drive price growth in the nearfuture, although employment, interest rates andtightening lending policies by banks are what couldsee this heightened activity short lived.

Brenton Green 0438 673 858

Recenl St lves Slotislics - Jqnuqry - Mqrch QuorlerI I I I I I I r a r ¡t ¡ ¡t I ¡ ¡ lI r I ¡ ¡ I I ¡ I ¡l I I I I I I ¡t Il ta ¡ I ¡ ll I a ! I I t I I I ¡ I I t I I ¡ l ¡l ¡a I a ¡lI r¡tll

How many homes were soldin St lves during the last quarter? 5lHow many properties were sold at Auction? 15

What was the Auction Glearance Rate? 53.6%

What was the Average Days on Market? 90

Average Price Discounting 6.37%

What was the Lowest Unit Sale Price? $540,000

What was the Highest Unit Sale Price? $970,000

What was the Lowest House Sale Price? $700,000

What was the Highest House Sale Price? $3,500,000

Present Quarter Median Unit Price $720,000

Present Quarter Median House Price $877,500

Gapital Growth ln Median Price(7o Ghange) 9.63%

St¡pply anrl Denlalrcl for propeÉies in St l'¡es:EC

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- åCi'ertisEd prcperti=s' Suppll,.:

- P*cple loching r DemanC: :,3JC

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1 111

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Most Recent House Soles in St lvesr¡¡rrrrlrrtllttltrlttltttlttttttt¡t¡¡Ittlltltr¡llrlrrarrrrtrrrrrllrlll¡¡lftlr

Property

ll Oxford Place

4 Oxford Place

30 Bimburra Ave

15 Gambourne Ave

5 Ellery Close

14 Dorset Drive

20 Nicholson Ave

l4 Monterey St

6 Wanganella Rd

9 Scott Place

1l Jefferson Ave

26 Richmond Ave

17 Prlory Close

5 Killeaton Street

17 Walker Ave

15 Wembury Rd

49 Grevillea Ave

44 Memorial Ave

14 Lowry Gr

I Gates Place

32 Willis Ave

Sale Date

lst April, 2010

1"t April 2010

31"t March 2010

26th March,2010

26th March,2010

25th March,2010

25th March,2010

23'd March, 2010

23rd March, 2010

19th March,2010

15th March,2010

12th March,2010

9th March,2010

9th March,2010

Sth March,2010

3'd March,2010

26th Feb, 2010

23'd Feb, 2010

22d Feb,2010

19th Feb, 2010

18th Feb, 2010

Sale Price Summary

$1,725,000 4 bed, 2balh, 2 car,948sqm

$1,750,000 5 bed,4 bath, 2car,930sqm

$895,000 3 bed, 1 bath, 2car,78Osqm

$1,000,000 4 bed, 2 bath, 3 car, 955sqm

$855,000 4bed,2bath, 2car,961sqm

$870,000 3 bed, 2 bath,2 car,955sqm

$1,050,000 5 bed, 2bath,2 car,923sqm

$985,000 4 bed, 2 bath,2 car,l080sqm

$1,010,000 4 bed,3 bath, 1car,929sqm

$1,300,000 5 bed,3 bath, 4car,l284sqm

$3,500,000 5 bed, 3 car,8 car,3560sqm

$700,000 2bed,1 bath,0 car,9lSsqm

$882,000 4 bed, 2bath,2 car,9lSsqm

$785,000 4bed, 2bath,1 car,l0l9sqm

$1,650,000 6 bed, 7 bath, 2car,928sqm

$1,400,000 5 bed,4 bath, 2car,955sqm

$975,000 4 bed, 2 bath,2 car,1549sqm

$1,300,000 5 bed,4 bath, 2car,949sqm

$885,000 4bed,3bath, 2car,936sqm

$1 ,065,000 5 bed, 2 bath, 2 car,516sqm

$1,115,000 4 bed,2 bath, 2car,91Ssqm

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 SÌ lvesr r ¡ ¡ ¡r I ¡ I ¡tt t at tlt ¡t I ¡ I r I I t t ¡ al I I I I ¡ tt I I I I tl tr rt I r ¡ ¡r ¡ r r r ¡a r rr rl trlrrtl rll¡l

11 Oxford Place 4 Oxford Place 30 Bimburra Ave 15 Gambourne Ave

5 Ellery Glose l4 Dorset Drive 20 Nicholson Ave 14 Monterey St

6 Wanganella Rd 9 Scott Place l1 Jefferson Ave 26 Richmond Ave

17 Priory Glose 5 Killeaton Street l7 Walker Ave 15 Wembury Rd

44 Memorial Ave 14 Lowry Cr I Cates Place 32 Willis Ave

Most Recent Unit Soles in St lves

Property

6712-8 Kitchener St

2/8 Shinfield Ave

3/3 Kanoona Ave

2312-8 Kitchener St

4/15 Eastern Arterial Rd

404117 Memorial Ave

5/24 Stanley Street

812-g Kitchener St

Sale Date

1gth Feb, 2010

17th Feb,2010

11th Feb, 2010

29th Jan,2010

19th Jan, 2010

13th Jan, 2010

8th Jan, 2010

22nd Dec,2009

Sale Price

$495,000

$799,000

$970,000

$450,000

$605,000

$540,000

$905,000

$495,000

Summary

2 bed, 2 bath, 1 car

3 bed,2 bath, 2car

3 bed, 2bath,2 car

2bed,1 bath, 1 car

3 bed, 2 bath,2 car

2 bed, 2 bath, 1 car

3 bed,2 bath,2car

2bed,1 bath, I car

6712-8 Kitchener St 3/3 Kanoona Ave 2312-8 Kitchener St 4/15 Eastern ArterialRd

404117 MemorialAve

5/24 Stanley St 2/8 Shinfield Ave 812-8 Kitchener St

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*

firstnolionq ,, ,. ,

REAL ESTAT OfïnllnK

uthat is your

property worth?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 marketing

strategy 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 quaÉerly market analysis, coupled

with the expert local knowledge from Northlink First National, you'll be able

to form an estimated judgement as to the realistic price range for your

property 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

. :.'.:::li::.:iT:. :::: l::::::::::: . . . . . . ! ¡ . r r r r . . . . . . . r . . ¡ . . r . . . . . ¡ ! . . . . .,

When, you wünt to sell

Str,LL WELL...

Brrnton Crrrn 0438 673 BSS

St Iaes Most Genuine Seruicerllltl¡lttl¡trtrrrttt¡¡arrrtrrrrlltt¡¡trrrlrrlrrllll!lrrrrlllllll¡l¡llrrrlrrlr

Communìiy lnvolvemenl & Sponsorshtps

FIRST IIAf,IOI{AL+ Ar¡strarian ReaL Cboss

FOUNDATION

St lves Chomber ofCommerce

St lves Rugby Club

St lves Netboll Club St lves Lions Club

Corpus Christi ColholicPrimory School Concer Council

Doffodil Doy

St lves Bowling &Recreotion Club

North Shore SoftbollAssociotion

Killoro Golf Club - Pymble Golf Club

3,D