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

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Candace Barber
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1 MAROUBRA Summer 2016 Property Report COURTESY OF RAY WHITE MAROUBRA I SOUTH COOGEE

WHAT S HAPPENING IN OUR MARKET Welcome to another great Aussie Summer. Let s chat about WeChat WeChat is China s version of Facebook, with a lot more functionality.

2 WHAT S HAPPENING IN OUR MARKET Welcome to another great Aussie Summer. Let s chat about WeChat WeChat is China s version of Facebook, with a lot more functionality. It s active in everything from people communicating with friends and family, buying cinema tickets and taxi rides, to searching for properties to purchase and rent. WeChat boast over 700 million active users worldwide including 1.7 million users in Australia. 80% of China s high net worth individuals are active WeChat users; in fact in China it s now more common to ask for someone s WeChat details than their phone number! Ray White can instantaneously distribute news updates, information, property and sales results and quickly respond to enquiries via WeChat to increase the exposure for your property to more buyers. Get exclusive discounts on home appliances! Ray White clients can now receive exclusive discounts on a range of tapware, vanities, rangehood, cooktops, appliances and more with Ray White Concierge and Astivita one of Australia s leading providers of kitchen & bathroom appliances. Benefit from: A large product range with regular specials Free next day home delivery for small items and free delivery to your nearest depot for larger items For more information, visit raywhite.astiv.com.au 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 SOLD House 25 Liguria Street, South Coogee SOLD Project Sales 45 & 45A Moverly Road, Maroubra SOLD Semi 1 Kitchener Street, Maroubra 58/8 Millard Drive, Little Bay SOLD House 10 Mount Street, Coogee 6/35 Templeman Crescent, Hillsdale 4/18 Jauncey Place, Hillsdale SOLD House 2 Storey Street, Maroubra SOLD Duplex 2/39 Minneapolis Crescent, Maroubra 1/11 Franklin Street, Matraville

4 FAST FACTS: MAROUBRA The median sales price for houses in Maroubra now sits at $1,837,500. Compared to five years ago, the median sales price has increased 70% which equates to a compound annual growth rate of 11%. 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 $1,290,000 $1,837,500 HIGHEST $7,150,000 HOUSES LOWEST $372,500 $842,500 HIGHEST $2,700,000 APARTMENTS 5. LEASE $825 $620 HOUSE RENT APARTMENT RENT RENTAL YIELD Source: Pricefinder

5 SOLD/LEASED COMMERCIAL PROPERTIES SOLD Office Space 306, 147 King Street, Sydney SOLD Investment Block 36 Albion Street, Waverley SOLD Office Space 704, 250 Pitt Street, Sydney SOLD Office Space 313 & 314, 229 Macquarie Street, Sydney LEASED Industrial 31 Pemberton Street, Botany LEASED Retail 563 Botany Road, Rosebery LEASED Industrial 2-4 Tenterden Road, Botany LEASED Retail / Office 900 Botany Road, Mascot LEASED Office Space 201, 71 York Street, Sydney LEASED Office Space Level 2, 277 Clarence Street, Sydney

YOUR RAY WHITE TEAM DIRECTORS Phillip Elmowy 02 8347 6060 0425 285 444 p.elmowy@rwre.com.

6 YOUR RAY WHITE TEAM DIRECTORS Phillip Elmowy Anthony Vella PROPERTY MANAGEMENT Teresa Mullins Business Development Michael Guirguis Kerrie Pelayias Georgia Morris Associate Natasha Arifin Associate Dennis Theodorou Koxan Oey Orazio Palazzolo Amber Halil Juliana Gestakovski Matt Skene SALES Joe Khederlian Naomi Ng Sales Associate to Nader Hotait Andrew Malouf Paul Thomas Peter Bakas Nadar Hotait Jason Malouf COMMERCIAL Alex Santelli Luke Dooner Leasing Agent John Skufris Tamara Brown Manager of Operations Peter Kotzias Commercial Sales & Projects Manager Christopher Keverian Commercial Leasing Loughlin Bataille Sales 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

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

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