Monthly Market Wrap with James

By October 11, 2018Buying, Investing, Selling

October seems to have been put on hold somewhat by the wet and windy weather we’ve been experiencing locally. We are finding that dozens of sales campaigns are being pushed out by a number of weeks due to difficulties in preparation which is translating into less stock in the market place than was predicted a few months ago.

In saying this, Spring has still brought a flurry of new buyers with renewed financial approvals and strong commitments to buy and settle on homes prior to Christmas. To do this, time is quickly running out – with a 6-week settlement after exchange you really do need to buy or sell in the next 2-4 weeks.

There is a lot of property, which is being listed now in preparation for the New Year. Within our team we are expecting half a dozen properties to begin preparation over the Christmas break ready to hit the market in late January 2019.

Many industry experts including John McGrath and Dr. Andrew Wilson have publically predicted that the Sydney Real Estate market will get worse before it gets better. They’re saying it will drop by another 5-10% in the next 12-24 months before we see any kind of uplift. So, if you’re looking to sell in the next 1-3 years, maybe its time to sit down and consider moving those plans forward to take advantage of the current market conditions.

Turramurra/ Warrawee

17 Adams Avenue, Turramurra -$2,398,000

3 Ulm Avenue, Turramurra – Undisclosed

16a Apps Avenue, Turramurra – Undisclosed

7 Coolabah Avenue, Turramurra – $1,825,000

2 Hudson Close, Turramurra – $1,320,000

110 Kissing Point Road, Turramurra – Undisclosed

40/2 Finlay Road, Turramurra – $860,000

43a Trentino Road, Turramurra – $1,600,000 – $1,650,000

11 Evelyn Avenue, Turramurra – $3,900,000 – $4,000,000

14 Buckra Street, Turramurra – Undisclosed

2 Katina Street, Turramurra – $2,100,000

4 Paroo Place, Turramurra – $1,550,000

5 Berrillee Street, Turramurra – Undisclosed

30 Hawson Avenue, Turramurra – $1,280,000

8/1215 Pacific Highway, Turramurra – $620,000

58 Warrangi Street, Turramurra – Undisclosed

Wahroonga/ North Wahroonga

14 Woonona Avenue, Wahroonga – Undisclosed

118 Campbell Drive, Wahroonga – Undisclosed

11 Westbrook Avenue, Wahroonga – $2,125,000

8 Larbert Avenue, Wahroonga – $2,350,000

28 Morris Avenue, Wahroonga – Undisclosed

115 Edgeworth David Avenue, Wahroonga -$1,221,000

5/66-72 Browns Road, Wahroonga – Undisclosed

178a Eastern Road, Wahroonga – $4,525,000

5/153-166 Grosvenor Street, Wahroonga – $1,395,000

140 Grosvenor Street, Wahroonga – $1,755,000

17 Illoura Avenue, Wahroonga – $2,711,000

5 Darri Avenue, Wahroonga – $1,602,750

34a Carrington Road, Wahroonga – Undisclosed

8 Exeter Road, Wahroonga – $1,300,000

25 Churchill Avenue, Wahroonga – $1,505,000

29 Clissold Road, Wahroonga – Undisclosed

1 Holt Avenue, Wahroonga – Undisclosed

75 Hampden Avenue, Wahroonga – $2,625,000

St Ives/ St Ives Chase

150 Killeaton Street, St Ives – Undisclosed

1 Sabina Place, St Ives – Undisclosed

10 Shelby Road, St Ives – Undisclosed

1/24 Stanley Street, St Ives – $1,430,000

7 Pentecost Avenue, St Ives – Undisclosed

1 Kitchener Street, St Ives – Undisclosed

43a Palm Street, St Ives – Undisclosed

98 Eastern Arterial Road, St Ives – Undisclosed

10 Kitchener Street, St Ives – Undisclosed

27 Greenhill Crescent, St Ives – $1,570,000

31 Waipori Street, St Ives – Undisclosed

235/132-138 Killeaton Street, St Ives – $875,000

22 Waterhouse Avenue, St Ives – Undisclosed

54 Woodbury Road, St Ives – $1,900,000

52 Kitchener Street, St Ives – $1,735,000

Pymble/ West Pymble

31 Kooloona Crescent, West Pymble – $1,660,000

A105/2 Bobbin Head Road, Pymble – Undisclosed

9 Greendale Avenue, Pymble – Undisclosed

17 Yanko Road, Pymble – Undisclosed

25 Kimbarra Road, Pymble – Undisclosed

77a Pymble Avenue, Pymble – Undisclosed

39 Reservoir Road, Pymble – Undisclosed

5/2-4 Bloomsbury Avenue, Pymble – Undisclosed

3 Lawley Crescent, Pymble – Undisclosed

47 Kendall Street, West Pymble – Undisclosed

47 Pentecost Avenue, Pymble – Undisclosed

9 Lachlan Avenue, West Pymble – Undisclosed

15 Vista Street, Pymble – Undisclosed

5 Avondale Place, West Pymble – $3,110,000

21 Fern Street, Pymble – Undisclosed

14 Orchard Street, Pymble – Undisclosed

57a Telegraph Road, Pymble – Undisclosed

54 Livingstone Avenue, Pymble – Undisclosed

Have a question about your property? Speak with James today to discuss all your real estate needs.

James Sutton

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