Quarterly Market Report – Cammeray

Quarterly Market Report – Cammeray
brought to you by your area specialists, Anthony Cowie & Chris Girling
Quarter 2, 2014
Welcome to our quarterly market report...
by Anthony Cowie & Chris Girling
The second quarter of 2014 has remained strong in Cammeray with fantastic
attendance numbers at open homes – reinforcing that these are still the strongest
market conditions we have experienced for 7 years. Investors, first home buyers and
those buying with their super funds competed hard for apartments. We had great
success at 1/15 Cambridge Street and 20/331 Miller Street where we broke both
building records and had 5 registered buyers attending the auctions. We then sold
18/331 Miller Street off-market to the under-bidder of #20. Proving the market is
strong at all price points, 5A Cammeray Road and 9 Greens Drive were both hotly
contested, with over 100 parties attending each property over the course of each
campaign.
The news of Cammeray Primary School expanding to the old Anzac Club site and the
continuing growth of good quality establishments along Miller Street has been wellreceived and supported by the community, strengthening Cammeray as the place to
be on the Lower North Shore.
Anthony Cowie
P: 9969 1500
M: 0405 285 502
E: [email protected]
Chris Girling
P: 9969 1500
M: 0404 856 976
E: [email protected]
mnb.ljhooker.com.au
Cammeray statistics
During the second quarter of 2014 (April to June), 17 houses sold for an average sale
price of $1,886,470. Meanwhile, 27 apartments/townhouses sold, with an average
sale price of $787,259.
A total of 44 residential properties sold during the quarter which was on par with
the first quarter, with a marginal increase in the ratio of apartments/townhouses to
houses sold.
Dwelling values in Cammeray have lifted 15.5% over the current growth cycle, with
Sydney increasing 23.1% since the end of May 2012. With interest rates again placed
on hold for the start of the new financial year this may just keep the fire in the market
stoked.
Second quarter sales
Address
105/7-9 Abbott Street
17/25-31 Abbott Street
5/34-36 Abbott Street
12/2 Amherst Street
26/11 Amherst Street
24 Arkland Street
91 Bellevue Street
123 Bellevue Street
17/74-78 Cairo Street
7/2A Cambridge Street
10/2A Cambridge Street
1/15 Cambridge Street
17/24 Cammeray Road
12/29 Carter Street
38 Carter Street
42A Carter Street
59/55 Carter Street
3/61 Carter Street
1/62-64 Carter Street
5/77A Carter Street
2/3 Churchill Crescent
10 Echo Street
12 Echo Street
199 Ernest Street
2/247-249 Ernest Street
16/247-249 Ernest Street
9 Folly Point
9 Greens Drive
28 Jenkins Street
3/331 Miller Street
21/331 Miller Street
27/331 Miller Street
36/331 Miller Street
353 Miller Street
2/365 Miller Street
2A Morden Street
301/53 Palmer Street
17 Pine Street
1/34B Pine Street
5/23 Rosalind Street
27 Rosalind Street
44/40-44 Rosalind Street
7 Tarella Place
294/286 West Street
Bed
Bath
Car
Price
2
3
1
1
1
4
3
3
2
3
3
1
1
2
1
1
1
2
1
2
1
1
2
1
1
0
1
1
1
1
1
1
1
2
1
1
$731,000
Undisclosed
$605,000
$692,000
$775,000
$1,700,000
$1,490,000
$1,335,000
$850,000
$1,200,000
$975,000
$593,000
2
1
3
3
2
2
2
2
1
4
5
2
1
1
5
5
5
2
2
2
2
3
3
4
1
4
2
1
4
2
2
5
1
1
1
2
1
1
1
1
1
2
2
1
1
1
3
3
3
2
2
2
2
1
2
2
1
3
1
1
2
2
2
1
0
1
0
2
1
1
1
0
1
1
1
1
1
1
1
4
2
1
1
1
1
0
2
1
1
2
0
1
1
1
2
3
$727,500
$561,000
$1,885,000
$1,555,000
$717,500
$915,000
$600,000
$590,000
$575,010
$2,050,000
$2,280,000
$900,000
$565,000
$490,000
Undisclosed
Undisclosed
Undisclosed
Undisclosed
$891,000
$806,000
Undisclosed
$920,000
$1,080,000
$1,295,000
$685,000
$3,150,000
$872,000
$460,000
$1,710,000
Undisclosed
$1,050,000
$1,500,000
9 Greens Drive
199 Ernest Street
1/15 Cambridge Street
7 Tarella Place
12 Echo Street
Keep it local...
One of the greatest things about Cammeray is having just about everything you need close to home. Here we’ve
provided a list of local businesses for you to try out at your leisure.
Accessories & Gift Shops
Bakeries
Bottle Shops
Dry Cleaners
Homeware & Hardware
Fresh Food
Hair & Beauty
Healthcare & Pharmacies
Jewellers
Newsagencies
Restaurants & Eateries
Travel Agencies
Womens Clothing
Yoga & Pilates
Feminina Delicious Gifts
Retrospections Gift Shop
The Hunted
Cammeray Cakes
Pattisons Patisserie
Victoire French Bakery
BWS
Cammeray Cellars
Cellarbrations Bottle Shop
Vintage Cellars
Cammeray Laundry
Pinky’s Dry Cleaning
Art of Kitchens
Design a Robe
Redecorate Home Furnishings
Style Finish - Bathroom Appliances
The Water Shop
About Life Health Food Store
Cammeray Supermarket
Harris Farm Markets
Hudson Meats
Beauty by April
Body Essentials Beauty Salon
Cascada Nail Salon
Glow Beauty Salon
Hair Establishment
Peter Berliner Hairdresser
The Salon Hairdresser
Advanced Chiroporactic
Advanced Dental Surgery
Cammeray Dental Centre
Cammeray Medical Centre
Cammeray Optometrist
Cammeray Pharmacy
Jasmine Thai Massage
Miller Street Dental
Physio On Miller
Camelot’s Jewellers
Cammeray Newsagency
Abbott Street Espresso
Amici Ristorante Pizzeria
Bean Central Cafe
Cammeray Craft Modern Australian Restaurant
Cammeray Seafoods
Cha Cha Dumpling Bar
Infuzions Restaurant
Jason’s Kitchen Chinese Takeaway
Livio’s Pizza Bar & Coffee Lounge
Maggio’s Cafe
Ms Miller Tapas Bar
Noodle Hut
Papaya Thai Restaurant
Pizza Ola
Simmone Logue Cafe
Spice Market Thai Restaurant
The People Cafe
The Wise Chook
Tokkuri Sake Wine Bar
Toriciya Japanese Restaurant
Wilcox Wine Bar
Wild Sage Cafe
Discovery Travel Centre
Flight Centre
Betty Annette Clothes
Vanilla Bow Fashion Boutique
Jump Start Your Life - Personal Training
Pilates Works
Yoga Institute
02 9929 8942
02 8065 4639
0447 513 697
02 9955 1576
02 9460 0269
02 9929 3434
02 9955 2280
02 9955 2905
02 9460 2183
02 9929 0371
02 9922 6773
02 9955 8956
02 8920 8888
02 9908 5503
02 9954 0440
02 9957 6344
02 9458 1111
02 8755 1333
02 9955 6557
02 9950 4111
02 9954 5900
02 9904 1902
02 8920 0111
02 9929 2273
02 8920 0600
02 9922 5026
02 9909 3387
02 9922 5661
02 9460 0479
02 9922 6022
02 9955 9506
02 9955 5255
02 9956 5588
02 9955 3761
02 8021 4815
02 9922 5000
02 8065 6902
02 9959 3904
02 9955 1287
02 9460 3228
02 9922 2222
02 8969 6250
02 8920 1083
02 9957 5973
02 9929 2880
02 9957 1122
02 9954 3462
02 9957 2390
02 9955 3303
02 9955 8808
02 9929 2000
02 9922 1234
02 9776 6552
02 9460 4100
02 9955 0145
02 8920 2881
02 9954 4441
02 9922 2288
02 9904 2277
02 9460 0807
02 9929 8455
02 9922 5100
02 9242 2722
02 9955 4965
02 9460 0898
02 9904 1201
02 8005 1565
02 9929 2774
What is Liveability?
Each of our lives are characterised by different habits,
jobs and lifestyles as well as environments in which we
live, work and play. So why shouldn’t living sustainably
be approached in the same way?
Liveability is a collaborative initiative that supports
people to live the life they want, sustainably.
Founded by the LJ Hooker Sustainability Team and
supported by a group of top knowledge, council and community partners, Liveability
is focused on supporting you to create your best home – healthy, efficient,
comfortable and connected to the community.
Anthony Cowie is one of Liveability’s accredited specialist real estate agents now
able to identify and responsibly market the 17 Liveability Property Marketing
Features ™ in a property.
Call Anthony today to book in a consultation and get some ideas on how small
changes to your home have the potential to reduce your running costs and make your
environment as comfortable as you can make it.
Discover more at liveability.com.au
Liveability is Proudly supported by the following leading design and building industry bodies,
organisations and local councils:
LJ Hooker
Domain & domain.com.au
Master Builders Green Living
Clean Energy Council
ATA
ABSA – Association of Building Sustainably Assessors
Ecospecifier global
BDA – Building Designers Australia
AWA – Australian Window Association
One Planet Living
Icanz
The Royal Botanic Gardens & Domain Trust
Enviro Development
Smart Blocks
Australian Green Development Forum
Green Building Council Australia
HIA GreenSmart
NECA – National Electrical & Communications Association
Bond University – Faculty of Society & Design
We Teach Me
Armidale Dumaresq Council
City of Melbourne
Liveability tip #1: consider a vegie garden
One of the best things about gardening is that each season brings its own discoveries and opportunities.
No matter if you have half a hectare or a small courtyard/balcony, you can grow great produce year
round. Our tip to productive and happy gardening is to plant something regularly – you can always swap
your surplus vegies or herbs with friends, family or neighbours.
Crops
Planting Months
Growing Comments
Asian greens / choy sum
April, May, September, October
Planting can continue into summer months if
plants are kept shaded
Basil
January, February, September,
October, November, December
Shade well in summer months
Beetroot
March, April, October, November
Keep very moist for good size
Broccoli
March, April, October, November
Beware of cabbage moth for October and
November plantings
Bush beans
March, October, November, December Increase watering when fruiting
Cabbage
March, April, October, November
Beware of cabbage moth for March plantings
Capsicum
November, December
Happy plants may last for at least 1 year with
at least 2 fruiting times
Carrot
September, October, November
Keep water high to expand carrots
Celery
May, September
Keep very moist during growing period
Climbing beans
April, May, September, October,
November
Increase watering when fruiting
Cucumber
January, February, March, October,
November, December
Increase watering when fruiting; beware of
mould if overwatered or high levels of humidity
Eggplant
December, January
Increase watering when fruiting; loves heat
Lettuce
April, May, September, October
Planting can continue into summer months if
plants are kept shaded
Parsley
September, October, November
Planting can continue into summer months if
plants are kept shaded
Potato
April, May, September, October,
November
Do not overwater; retain moisture with mulch
Pumpkin
January, February, March, April,
October, November, December
Create lots of space and keep out of the vegie
patch
Radish
March, April, May, September,
October, November
Planting can continue into summer months if
plants are kept shaded
Rocket
May, June, July, August, September
Planting can continue into summer months if
plants are kept shaded
Snow peas
April, May, September, October,
November
Avoid watering on leaves as this can increase
mould, which reduces fruiting
Spring onions
January, February, March, April,
May, June, July, August, September,
October, November, December
Companion plant with many of your other
crops, especially strawberries
Strawberries
July, August, September
Increase water when fruiting; fruit comes in
Winter and Spring
Sugar snap peas
April, May, September, October,
November
Avoid watering on leaves as this can increase
mould, which reduces fruiting
Sweetcorn
January, February, March, April,
September, October, November,
December
Plant in full sun and warm position, especially
in cooler months
Sweet potato
November, December
Grows all year round
Tomato
December, January, February
Beware of fruit flies; allow good airflow to
reduce disease potential
Zucchini
January, February, March, October,
November, December
Avoid watering on leaves as this can increase
mould, which reduces fruiting
What lies ahead?
As the new financial year kicks off and the warmer weather approaches, the promise of an
enthusiastic Spring beckons and we are already busy planning the path to being on the market
for many of our clients.
However, don’t underestimate selling in Winter. Sydney is not as seasonal as other cities
may be. Its real estate market trades 11 months of the year and there are always purchasers
looking to buy. Admittedly, there is more activity in the market during Spring and Summer
but the number of actual qualified buyers doesn’t fluctuate as much as you may think. There
are also more properties on offer in Spring and Summer, which inevitably gives more choice to
buyers. This winter is a good example of low stock levels and high buyer demand – there are
still many active buyers looking to purchase now and avoid the inevitable Spring rush.
Why choose LJ Hooker Mosman
Our people are our greatest asset, providing a first-class experience from start to finish
Awarded the no.1 office in the worldwide network (700+ offices) for 2011, 2012 and 2013
An unrivalled digital marketing strategy including exclusive Top Spot position on domain.com.au
Access to the Chinese market – up to 4 Chinese websites and our own Chinese Concierge
Sydney’s most successful private auction room – creating a wonderfully competitive atmosphere
#1 Major Network 2013 & 2014 (REB National Awards) – brand, technology, support, services & value
#1 agency website (Google Analytics) – 50,000+ listings and 1,000,000+ unique visitors per month
If you would like to receive this report on a quarterly basis, either digitally or printed,
please contact your Cammeray area specialists:
Anthony Cowie
P: 9969 1500
M: 0405 285 502
E: [email protected]
facebook.com/anthonycowieljhooker
LJ Hooker House
102 Glover Street
Mosman NSW 2088
9969 1500
mnb.ljhooker.com.au
Chris Girling
P: 9969 1500
M: 0404 856 976
E: [email protected]
This document is not intended to demonstrate that LJ Hooker was the selling agent for all of these properties. This report
shows 3 months of sold properties, however the median prices and market growth is calculated over a 12 month period. All
information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any
warranty about the information provided and interested parties must solely rely on their own enquiries.