Winter Edition 2014

YOUR MARKET PLACE REPORTSAWTELL - TOORMINA - BOAMBEE EAST - BONVILLE NORTH

DESIGNcreating your

dream kitchen

SELLINGinspection timeBUYING

the dos & don’ts

2452

This is great news for home-sellers as there is less competition in the current market, potentially driving prices up as properties are selling in a shorter period of time.

We have many interested buyers on our books who are desperately looking to purchase property within the area. If you are considering a move then now is a great time to contact our team in order to match these buyers with your property.

We hope that you enjoy the latest installment of our 2452 Property Guide and that it assists you when making future real estate decisions.

Tom SullivanLicensee

hello & welcome to the

WINTER EDITION OF OUR 2452 MARKET REPORT

While the second quarter of 2014 has seen record lows on the thermometer, the local real estate market has seen some significantly high sales results with another $1M+ sale in Sawtell – the third for the year!

Our office is certainly noticing this heat in the market with an abundance of buyers and a severe shortage of properties for sale which in turn is creating a ‘Seller’s Market’.

The number of properties currently available for sale are at the lowest the area has seen in recent history, with Sawtell’s stock levels down by 40% on this time last year. This trend is flowing into adjoining suburbs with Toormina stock also down by 23%.

DO look at several propertiesDo your research to get a good idea of what property elements you like and to get the chance to compare what is out there.

DO ask for advice if you need itTalk to mortgage brokers and real estate agents and get them to help you understand the buying process and what your options are.

DO get a building & pest inspectionThis can help reveal any underlying issues with a property that you might not have noticed from a simple walk-through inspection.

DON’T buy a house for the décorDon’t buy a house because you like the way that it has been decorated. You’re not buying the furniture; so try to imagine what the property will look like with your furnishings inside.

DON’T get emotionally attachedThis is an important rule to stick to but it is easier said than done. Try to think logically about your purchase and consider all elements such as the price, location and whether or not it will be a smart decision for you.

DON’T rush into anythingThere is no race to buy a home, if you miss out on one property, there will always be others. Take your time and don’t sign on the dotted line until you think you’re ready.

P R O T I P Sbuying:

THE DOS & DON’TS OF HOME BUYING

There are a lot of considerations to weigh up when buying a new home, and it can be easy to fall into the trap of buying a property based purely on emotion. Before you start looking for your next

home or investment, keep the below tips in mind:

Street appeal is the first thing you should pay attention to, as your front yard is your home’s biggest advertisement. Buyers will create an instant opinion on your property based on aspects such as the fence or how well the front yard is kept and maintained. Mowing lawns and raking up leaves are absolute musts before inspection day.Next up, you need to take a good look at the inside of your home and give it a

When presenting your home for sale it goes without saying that you want to make a good impression on your buyers and this usually means fixing anything that is broken, and cleaning up around the house and in the yard.

Have you just placed your home on the property market?Is it ready for its first property inspection?

“When preparing your property, put yourself in

the buyer’s shoes and try to imagine what first

impressions your propertywill give them.”

selling:

PREPARING YOUR HOME FOR INSPECTIONS

thorough clean up. Clear away clutter on benches and tables, or any unsightly items that might be stashed in corners. Try to make the property feel as fresh and clean as possible. If there are any leaking taps or broken lights, these should be fixed before inspection day too.

Right before the property inspection you might also consider creating a nice atmosphere in your home by opening curtains and windows and putting fresh flowers out. If it’s a cold winter’s day it can also be nice to have the heating on, or having fresh baked treats left out for guests.

If you require any advice on how to best present your property for inspections,

then please get in contact with our office.

Designing a kitchen can be tricky. You need to make sure it’s a functional work area that also has plenty of storage space and is aesthetically appealing, whilst also working within the design of the rest of the house. So what kitchen rules should you aim to stick to ensure that your kitchen is the heart and soul of your home?

The work triangle This is the first aspect to think about when designing a kitchen. You want to place the refrigerator, sink and primary cooking surface in a triangle with the shortest walking distance from each other so that you can easily move between these when preparing meals.

Lots of storageYou can never have enough storage in a kitchen. If your kitchen only has limited space, you can add extra storage with the addition of floating shelves or hooks.

Cabinet doorsBe aware of where doors open out to, and try to avoid doors that open into walls, especially if you have protruding door handles.

Kitchen zonesWhen it comes to thinking about where to put your cabinets and appliances, you might like to think about your kitchen in terms of work zones. Typically in kitchens there is a cooking zone where you can work with your hot pots and pans; a washing zone for cleaning up; and a storage zone where all your food is kept.

If you’re unsure about how to design your kitchen there are plenty of resources online, it also helps to talk to a kitchen expert to make sure you end up with a kitchen that is just right for your home.

P R O T I P Sdesign:

HOW TO DESIGN YOUR DREAM KITCHEN

Highest sale priceAverage sale priceMedian sale priceLowest sale price

24residentialpropertiessold

40propertiesfor saletoday

$1,050,000$523,431$470,500$255,000

1 april - 30 june 2014

MARKET STATISTICS

S A W T E L L

13 Twenty Second Ave$1,050,000

3 2 1

Sold 25th June

land 696m2

15 Honeysuckle St$865,000

2 1 1

Sold 16th June

land 511m2

120 Lyons Rd$800,000

5 3 4

Sold 14th April

land 874m2

13 Fourth Ave$720,000

4 3 2

Sold 26th May

land 506m2

30 Boronia St$690,000

4 2 2

Sold 21st May

land 468m2

40 Boronia St$685,000

3 2 2

Sold 26th June

land 503m2

1 april - 30 june 2014

2 4 5 2

2/76 First Ave$495,000

3 3 1

Sold 22nd May

land -

25 Sabal Dr$485,000

4 2 2

Sold 28th May

land 802m2

81 First Ave$456,000

3 2 1

Sold 19th April

land 610m2

86 Lyons Rd$450,000

5 2 2

Sold 3rd June

land 753m2

1 Livistona Tce$440,000

4 2 2

Sold 20th June

land 572m2

43 Moller Dr$640,000

4 3 2

Sold 4th April

land 720m2

9 Hillery Ln$630,000

2 1 1

Sold 5th May

land -

2/91 First Ave$500,000

3 2 2

Sold 21st May

land -

real estate

SOLDProfessionally

real estate

SOLDProfessionally

18 Tom Albert Pl$477,500

3 2 1

Sold 5th June

land 720m2

S A W T E L L

4/29 Twenty Second Ave$327,500

2 1 1

Sold 25th June

land -

5/93 First Ave$262,000

2 1 1

Sold 26th May

land -

8/93 First Ave$257,000

2 1 1

Sold 10th April

land -

8-25/27 Twenty Second Ave$255,000

2 1 1

Sold 13th June

land -

13-21/23 Twenty Second AvePrice not available yet

1 1 1

Sold 3rd June

land -

3/107 Boronia St$379,000

2 1 1

Sold 11th June

land -

14 Gillibri Cres$359,000

3 1 1

Sold 5th May

land -

6/4 Elizabeth St$340,000

2 1 1

Sold 29th May

land -

3 Bridge St$430,000

4 2 1

Sold 29th April

land 657m2

treeo

all day breakfast - lunch - homemade sweets - superb coffee

ph 6653 1099cafetreeo.com18 first ave, sawtell

S U P P O R T I N G L O C A L B U S I N E S S

Jay Webber0413 035 844

jaywebberconstructions@hotmail.com

Architectural Homes,Commercial & Industrial Buildings

Lic No 222735CAbn 89 024 824 127

Jay Webber0413 035 844

jaywebberconstructions@hotmail.com

Architectural Homes,Commercial & Industrial Buildings

Lic No 222735CAbn 89 024 824 127

Specialising inArchitectural Homes,

Commercial& Industrial Buildings

Highest sale priceAverage sale priceMedian sale priceLowest sale price

29residentialpropertiessold

40propertiesfor saletoday

$462,000$332,314$330,000$150,000

1 april - 30 june 2014

MARKET STATISTICS

T O O R M I N A

17 Dewing Cl$462,000

4 2 2

Sold 16th April

land 717m2

39 Kinchela Ave$425,000

3 2 2

Sold 26th June

land 602m2

9 Carrywell Cres$410,000

4 2 2

Sold 19th June

land 733m2

20 Kintorie Cres$410,000

5 2 2

Sold 10th April

land 740m2

15 Nariah Cres$410,000

5 3 3

Sold 16th April

land 1052m2

real estate

SOLDProfessionally

18 Ramornie Dr$452,000

4 2 2

Sold 26th June

land 717

2 4 5 2

107 Sawtell Rd$405,000

4 2 1

Sold 22nd May

land 996m2

24 Aquamarine Dr$337,000

3 1 1

Sold 16th April

land 414

148 Sawtell Rd$335,000

3 1 1

Sold 7th April

land 1598m2

2 Wave Cl$335,000

4 1 1

Sold 13th May

land 552m2

14a Aquamarine Dr$330,000

3 1 1

Sold 15th May

land 355m2

6 Linden Ave$330,000

4 2 1

Sold 13th May

land 701m2

7 Bacon Cl$389,000

3 2 2

Sold 9th May

land 700m2

4/66 Sawtell Rd$361,000

3 2 2

Sold 26th May

land 2396

9 Wave Cl$340,000

3 1 1

Sold 9th May

land 440

SOLDProfessionally

real estate

SOLDProfessionally

T O O R M I N A

2 Aquamarine Dr$308,500

3 1 1

Sold 2nd April

land 450m2

14 Shelton Cl$305,000

3 1 2

Sold 4th April

land 786m2

35 Bangalee Cres$302,000

3 1 1

Sold 9th May

land 1050m2

78 Sawtell Rd$302,000

2 1 1

Sold 20th June

land 458m2

2 McGregor Cl$283,000

2 1 1

Sold 17th April

land 324m2

80 Playford Ave$330,000

3 1 1

Sold 25th June

land 702m2

51 Jemalong Cres$325,000

2 1 1

Sold 2nd June

land 1030m2

1/3 Nyah Pl$325,000

3 2 2

Sold 7th April

land -

land 483m2

30a Platts Cl$330,000

3 1 1

Sold 9th May

real estate

SOLDProfessionally

real estate

SOLDProfessionally

real estate

2 4 5 2

11/25 Corrigan Ave$265,000

3 2 1

Sold 4th April

land -

1/2 Wirrabilla Dr$190,000

2 1 1

Sold 10th June

land -

3/3 Nyah Pl$253,000

2 1 1

Sold 11th June

land -

22 Lalaguli Dr$215,000

- - -

Sold 20th June

land 1874m2

3/21 Wirrabilla Dr$150,000

2 1 1

Sold 11th April

land -

SOLDProfessionally

Highest sale priceAverage sale priceMedian sale priceLowest sale price

24residentialpropertiessold

48propertiesfor saletoday

$562,500$389,717$372,000$220,000

1 april - 30 june 2014

MARKET STATISTICS

B O A M B E E E A S T / N O R T H B O N V I L L E

11 Woodswallow Cl$562,500

5 3 3

Sold 6th June

land 847m2

8 Sea Breeze Pl$547,500

5 2 3

Sold 4th April

land 3539m2

46 Paddymelon Cct$510,000

4 2 2

Sold 9th May

land 783m2

10 Eckford Cl$488,000

4 2 2

Sold 6th May

land 692m2

1 Lorikeet Ave$470,000

4 2 2

Sold 22nd April

land 833m2

23 Lamberts Rd$455,000

5 2 2

Sold 9th April

land 730m2

real estate

SOLDProfessionally

1 april - 30 june 2014

2 4 5 2

41 Worland Dr$425,000

3 2 2

Sold 13th May

land 819m2

28 Sieben Rd$387,500

3 2 2

Sold 18th June

land 479m2

16 Kingfisher Cl$384,000

3 2 2

Sold 10th June

land 880m2

19 Avonleigh Dr$372,000

3 2 5

Sold 2nd May

land 793m2

7 Wagtail Cl$363,000

3 1 1

Sold 20th May

land 731m2

162 Linden Ave$362,000

3 1 2

Sold 4th April

land 982m2

9 Kingfisher Cl$430,000

3 2 3

Sold 23rd May

land 922m2

7 Pitta Ct$430,000

3 2 2

Sold 3rd April

land 981m2

76 Oscar Ramsay Dr$429,000

4 2 3

Sold 22nd May

land 1344m2

SOLDProfessionally

real estate

SOLDProfessionally

real estate

SOLDProfessionally

B O A M B E E E A S T / N O R T H B O N V I L L E

12 Woodswallow Cl$340,000

4 1 1

Sold 26th June

land 793m2

2a Kearn Cl$335,000

3 1 1

Sold 8th April

land 545m2

13 Cuthbert St$320,000

3 1 2

Sold 29th April

land 588m2

41 De Castella Dr$305,000

3 1 1

Sold 6th May

land 637m2

19 Silvereye Cl$280,000

3 1 1

Sold 23rd May

land 509m2

26 Wedgetail Cres$220,000

- - -

Sold 23rd April

land 1002m2

17 Butterfly Cl$358,000

4 1 1

Sold 27th June

land 664m2

79 Linden Ave$350,000

3 1 1

Sold 27th May

land 700m2

7 Rankin Cl$350,000

3 1 2

Sold 13th May

land 740m2

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HOW TO

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YOU HOW

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2 4 5 2

real estate

Televisions shows may make the renovatingprocess seem quick and easy, but the realityis often very different. Renovating yourhome takes time and if you want goodresults it is important not to rush.

Whether you’re renovating one room or an entire house, renovating takes careful thought, and when planning and budgetingit is important to take the time to source different quotes and find certified builders who will carry out the job to your satisfaction.

When you do hire someone, be clear on the price and what it includes in regards to materials and services, and what time frames you can expect. There is also apossibility that unforeseen problems will arise during the renovation (such as termites or structural issues) so budget for more than you expect to pay.

P R O N E W Sslow down

DON’T RUSH YOUR RENOVATIONS

If you’re planning on tackling a renovation project yourself, it is still worth talking to other builders and experienced renovators for advice to ensure that you’re not taking on more than you’re capable of achieving. A bad renovation job can cost a lot of time and money to fix, so if you haven’t renovated before it’s probably a good idea to invest in the services of a qualified tradesperson to help you out.

Overall, renovating can be extremely rewarding and it can add substantial value to your home, but it is important to take your time, ask lots of questions and make the right decisions for your home.

For more information on renovating tips,

feel free to contact our officeon 02 6658 8991

Smoke Alarm Awareness Week takes place from July 21 – 27 to help raise public awareness about the importance of having working smoke alarms in all homes and buildings.

Accidental house fires are all too common in Australia; with statistics showing that one house fire occurs every 26 minutes.

To make sure that people are given the vital warnings they might need in case of a fire the following checks need to be in place:

• Smokealarmsshouldbetestedregularly• Batteriesshouldbereplacedatleastonceayear• Smokealarmsshouldbereplacedwhentheyreach10yearsofage

E S S E N T I A L T I P Swhen was the last time you

CHECKED YOUR SMOKE ALARM?

To make sure that you stay smoke alarm aware, head towww.smokealarmawareness.org.au

where you can set up free smoke alarm reminders so that younever forget to perform a potentially life-saving task.

This is a free service and you can even customise the remindersto be sent at intervals that work for you.

Smoke alarms save lives, but only when they’re working.

shop 1 / 4 First Avenue, Sawtell

ph 02 6658 8991

info@professionalssawtell.com.au

www.professionalssawtell.com.au

Our focus is you.We hope you have found this market report useful in helping you make an informed decision on your real estate investment.

If you require any details which are not presented in this report our friendly team will be more than happy to ascertain the information on your behalf.

I wish to continue providing the residents of Sawtell, Toormina & Boambee East with up to date & relevant information regarding your real estate market, so keep an eye out for further reports over the coming seasons.

Kind regards,Tom Sullivan - Licensee