Property Report MAROUBRA. Winter 2016 COURTESY OF RAY WHITE MAROUBRA I SOUTH COOGEE

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1 MAROUBRA Winter 2016 Property Report COURTESY OF RAY WHITE MAROUBRA I SOUTH COOGEE

2 WHAT S HAPPENING IN OUR MARKET Many people believe it s harder to sell your home in Winter but there are a number of real advantages to selling during the cooler months. For one thing, removed from the sometimes frenzied action of the Spring market, sellers can take a little more time to consider offers, and with fewer homes on the market, there s less competition. Plus, the things that lead people to make new home purchases - a new job, a growing family, up or downsizing - happen all year round, and there are still plenty of buyers out there. In fact, Winter is a great time for playing up your home s cosy, family-friendly charm. Visit raywhite.com for strategies to help make your home a hot seller this winter. #1 in Customer Service Ray White has continued its commitment to deliver the country s leading customer service with the highest number of offices and agents named in the annual RateMyAgent Awards the only real estate industry awards which are rated by customers. Like to know what your home is worth? Call us today for an obligation-free market appraisal and find out how much your property is worth. It s easy and it s FREE! Gary Phillips gary.phillips@loanmarket.com.au Nelson Bedoya nelson.bedoya@loanmarket.com.au Phillip Elmowy Principal, Ray White Maroubra I South Coogee Anthony Vella Principal, Ray White Maroubra I South Coogee

3 RECENT SALES IN YOUR AREA 1/3 Templeman Crescent, Hillsdale 1/85 Doncaster Avenue, Kensington 4 Chichester Street, Maroubra 4 Mulgray Avenue, Maroubra 8/45-49 Harbourne Road, Kensington 14 Coward Street, Rosebery 28 Boyce Road, Maroubra 32 Beauchamp Road, Hillsdale 74 Denison Street, Hillsdale 615/717 Anzac Parade, Maroubra

4 FAST FACTS: MAROUBRA The median sales price for houses in Maroubra now sits at $1,672,500. Compared to five years ago, the median sales price has increased 54.5% which equates to a compound annual growth rate of 9%. 1. $1.80M $1.40M $1.00M $600K YEARS % Houses sold last quarter Units sold last quarter House auction clearance rate 3. HOUSE AVERAGE DAYS ON MARKET SALES MAROUBRA LOWEST $570,000 $1,672,500 HIGHEST $4,000,000 HOUSES LOWEST $470,000 $807,500 HIGHEST $1,785,000 APARTMENTS 5. LEASE $855 $595 HOUSE RENT APARTMENT RENT RENTAL YIELD Source: Pricefinder

5 / COMMERCIAL PROPERTIES 120 & 121/142 Maroubra Road, Maroubra 13B/5 Potter Street, Waterloo 122 Wentworth Avenue, Botany 200 Maroubra Road, Maroubra 176 & 178 Victoria Street, Potts Point Level 14, 447 Kent Street, Sydney Level 1, 724 Botany Road, Mascot Level 2 & 4, Mary Street, Surry Hills Suite 209, Level 2, 147 King Street, Sydney Suite 36, Level 9, 99 York Street, Sydney

6 YOUR RAY WHITE TEAM DIRECTORS Phillip Elmowy Anthony Vella PROPERTY MANAGEMENT Teresa Mullins Business Development Michael Guirguis Kerrie Pelayias Georgia Morris Associate Dennis Theodorou Koxan Oey Britta Jordan Orazio Palazzolo Amber Halil Juliana Gestakovski Business Development SALES Joe Khederlian Naomi Ng Sales Associate to Nader Hotait Dimitri Kentrotis Andrew Malouf Paul Thomas Peter Bakas Sales Executive Nadar Hotait Jason Malouf Christopher Keverian Sales Consultant COMMERCIAL Alex Santelli Luke Dooner Leasing Agent John Skufris Tamara Brown Manager of Operations Peter Kotzias Commercial Sales & Projects Manager RAY WHITE MAROUBRA I SOUTH COOGEE 781 Anzac Parade Maroubra NSW 2035 (02) info@rwre.com.au RAY WHITE COMMERCIAL SOUTH SYDNEY 14/9 Danks Street Waterloo NSW 2017 (02) info@rwcss.com

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