Spring Real Estate Update

IMG_0928After a sensational long weekend of great weather and football entertainment vendors and buyers are into the final mad dash to sell and buy before Christmas 2014.

It seems unlikely that a rate rise will be seen this year after the Reserve Bank met this week and left the official cash rate on hold for October. However the RBA has been more vocal in recent months about the housing market and is doing its best to cool the heels of buyers, worried prices have increased at an unstable rate.

Certainly we have seen dramatic price increases in the Sutherland Shire especially in the first 6 months of this year. As I see it though while the shortage of listings continues, the pressure on prices will remain. Buyers listening to the RBA’s warnings seem not as desperate to purchase as earlier in the year. What hit home for me recently was the figures showing that first home buyers are generally in their 30’s or 40’s.

Sydney is definitely an internationally priced real estate city!

Some of our new Spring listings below.

If you’re thinking of selling this year, please give us a call today.

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Pre-Election Info & Real Estate Update

As we head into the final weeks of the election campaign and winter, real estate agents are madly trying to sell their auction listings prior to Election Day which is notoriously and traditionally a quiet day in real estate. This election also marks the beginning of the spring auction campaign but there is a marked drop in auctions scheduled. Ideally you select an auction date either side of the election weekend but this year it was particularly hard due to the political turmoil in Australia and the shifting dates, and some properties have been caught in the shifting dates. On the weekend prior to the election there are 13 auctions scheduled to go ahead in our area, whereas on Election Day there are only 7 currently up for auction. As is always the case the following week the auction numbers will pick up dramatically and this happens no matter if there is a change of government or if there is a status quo, for some reason buyers don’t feel the need so urgently to buy a house at auction on Election Day.

Most agents are looking forward to the election being over so we can list more properties because winter has been a period of very limited stock and lots of frustrated buyers combined with attractively low interest rate opportunities. We are hoping that Spring and an increase in political confidence and stability will trigger down to encourage vendors to sell. Most encouraging for vendors is that Winter 2013 has seen a dramatic rebound in prices across Sydney, in particular in the $700,000 – $1.3mil price range. Surely this will encourage vendors to sell!

Where to vote?

Polling places will be open for voting between 8am and 6pm on Saturday 7th September. The Cook electorate covers as far west as Bonnet Bay & Como, east of the train line at Sutherland, all suburbs north of the Hacking River (from Grays Point to Cronulla and all suburbs south of the Georges River & Botany Bay) as per the map below.

The polling booths below fall between Cronulla & Caringbah:

  • Uniting Church Hall – Cnr Burke Rd & Gosport St, Cronulla
  • Cronulla Public School – 18-24 Burraneer Bay Rd, Cronulla
  • St. Aloysius Primary School Cronulla – 18 Giddings Ave, Cronulla
  • Cronulla South Public School – 121 Ewos Pde, Cronulla
  • Cronulla High School – Captain Cook Drive, Cronulla
  • Woolooware Public School – Riverview Ave, Woolooware
  • Burraneer Bay Public School – 161 Burraneer Bay Rd, Burraneer
  • Lilli Pilli Public School – Turriell Bay Rd, Lilli Pilli
  • Caringbah Public School – Port Hacking Rd, Caringbah South
  • Laguna St Public School – 204 Caringbah Rd, Caringbah South
  • St. Philip’s Anglican Church Hall – 402 Port Hacking Rd, Caringbah
  • Caringbah High School – 85 Willarong Rd, Caringbah
  • Sutherland Hospital Clinic – Kingsway, Caringbah


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Spotlight on local business: Impressions Landscape – Design

How did you become involved with Impressions Landscape – Design? How did it all start and how long have you been established for?
Impressions Landscape – Design was established in 2003, by myself Adam McDonald and my business partner Adam Tanko.

We originally met while studying to gain our landscape trade qualifications. Both of us at the time were operating our own separate small businesses within the horticulture strain.

I was a qualified practicing landscape designer, operating a small business generating stylized residential landscape designs. Adam Tanko, a garden maintenance business focused at customer service and attention to detail.

Common goals and a genuine passion for the horticulture and landscaping industry is what drew the two of us to start Impressions Landscape – Design.

Both driven by a common vision to create stylish landscaping installations and an understanding of each other’s strengths. We decided to take the opportunity to form a company that could showcase all of this.

What type of services do you offer?
Impressions Landscape – Design’s approach as a ‘complete’ landscaping service provider is really what sets us apart. Our ‘one stop shop’ approach to design, construction and maintenance allows for a simplified and cohesive experience that guarantees total design integrity, and as a follow on to this total client satisfaction.

Our happy and highly skilled team of garden designers, landscape architects, structural landscaping construction specialists, tradesmen, horticulturists and gardeners are united and driven with their passion to provide a premium landscape service.

We specialize in complete project management of esteemed residential gardens, from garden design brief, to job completion and further more onto continual garden maintenance. We offer a variety of landscaping services, and make use of our own four-step process that ensures a garden that definitely will leave an Impression!

At Impressions Landscape – Design we understand the importance of the composition of both construction and horticulture, and the union that these two form which creates the art of garden making, and allows for truly inspirational outdoor spaces.


We hear you just won some awards at the 2012 AILDM National Landscape Awards, congratulations! What were they for?
Yes we are very proud and excited by this. We have just received the 2012 AILDM National Residential Design Award for Gardens $50,000-$150,000. We were also awarded a high commendation for Best Plantscape Design.

The Australian Institute of Landscape Designers and Managers (AILDM) are the leading national industry body for the landscape design industry. The AILDM National Design Awards are presented annually and celebrate the exceptional quality of work being produced by the best landscape designers from across the country.

What is one of the biggest jobs you’ve been given? What was the budget?
We do jobs of all sizes when it comes to residential gardens. Generally our installations range from approximately $50,000 upwards for a smallish garden. Generally this is what it costs to implement a design-based garden. I would say the biggest project we have been involved with was a waterfront property in one particular Sutherland Shire suburb with a budget of $500,000.

Do you have any unique experiences from working in the great outdoors?
Working outdoors presents many challenges when dealing with the elements and Mother Nature. One that comes to mind is a very memorable encounter with Redback spiders on a waterfront property in Lilli Pilli. When excavating for a boat shed by hand, due to lack of access by machine. We uncovered an expansive underground Redback nest. With little protection we were left to carefully excavate the soil by shovel and mattock. During the dig we estimate we encountered approximately 300 Redback spiders. God knows how many went unseen!

The testimonials from your website come from Cronulla, Burraneer & Menai projects. Is most of your work based in the Shire or do you branch out across Sydney?
Yes. Currently I would say approximately 70% of our work is in the shire. We do like staying close to home! However we also quite regularly do work in the eastern suburbs, inner west, and on or close to Sydney Harbour. Shire clients are always the friendliest however!

What do you enjoy most about your job?
Seeing a design job come to realization at completion. To add to this further seeing a project evolving over time through our strategic professional garden maintenance services also. Gardens breathe life and are constantly maturing. Seeing a garden changing, adapting and evolving as the seasons go by and the plantings age. This is very interesting and rewarding, and is a story in itself. A lot of passion goes into our work so it is a special moment when you get to see the finished product and it appears as or better than you first expected. Seeing a happy clients overwhelming joy on the back of job completion is also a very very special moment and makes all the hard work worthwhile.

What is your biggest challenge?
Finding enough hours in the day!

Finish this sentence, I love Cronulla because…
It has it all! Great people, excellent beaches, beautiful waterways, national parks, good food, great coffee (very important!). It is close enough to the city, but not too close… What is there not to like?? Really.

Impressions Landscape – Design
Office: 5 Captain Cook Drive, Caringbah NSW 2229
Post: PO Box 2167 Taren Point NSW 2229

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Cronulla, Sydney’s most undervalued suburb

Cronulla, surrounded by beaches and bays, is one of Sydney’s most beautiful suburbs but rarely does it get the recognition.

Maybe now that we have one TV show after another filming here, Cronulla and surrounding suburbs will become an option for real estate buyers, new business and tourists.

My company, Beach & Bay Realty has specialised in selling real estate in this stunning area for over 10 years and I still find that Cronulla is the most undervalued beachside and bayside suburb in Sydney. So buy now and grab a bargain before it’s too late!

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Auction results improve locally

Last week’s local auction statistics came in at a 63% clearance rate compared with Sydney wide of 57% which is a great result for the local property market and a vast improvement on the 23% clearance rate for first week of auctions for 2012. Overall there seems to be less properties for sale or auction which might be keeping the pressure on buyers to some degree. It would be great if we could continue to beat the Sydney clearance rate. I think the days of 85% clearance rates are a thing of the past and we obsess over this a little too much.

More important than auction clearance rates is that the property sells, if not at auction, soon after. Auctions are a marketing strategy and not selling at auction does not mean the marketing has failed. Some properties are hard to price and sometimes the property is received by the market at a different level to that targeted by the agent or the owner or both. If  your property doesn’t sell on auction day, don’t despair. Listen to the market, get feedback from the market place and your agent and then if you are willing to sell at that price list the property for sale. If priced correctly post auction the property will sell soon after the auction. Auction statistics show that a property that does not sell at auction will, if listed for sale with a realistic price, sell within the following 2 weeks of post auction marketing. If it doesn’t sell in that period, the chances of selling steeply decline.

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Autumn starts with no Reserve Bank interest rate rise

Summer is over and it’s the 1st Tuesday of the month! Good news for those thinking of buying in autumn with official interest rates kept on hold at the Reserve Bank meeting this afternoon.

There are warnings though that inflation is on the rise and interest rate hikes are around the corner. Have you noticed how expensive petrol has become in the last few weeks? Personally I think that there is no room for any rate rise till at least June but what do I know! And if you bank with Commonwealth Bank you might have discovered that you couldn’t pay your mortgage repayments today as the bank’s whole netbank, atm and eftpost systems have been down all day!

Auction clearance rates last week were down to 44% approx in postcodes 2229 and 2230 compared with a Sydneywide home price guide clearance rate at 65%.

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669 Port Hacking Road, Caringbah South

Kylie Emans is proud to present this original 2 bedroom house in Caringbah South. With a generous landsize of 695m2 approx and a 15.54m approx frontage, this property has enormous potential. For more information please see here.

669 Port Hacking Road, Caringbah South

BEACH & BAY REALTY 9527 0008

Auction Date: 15th May 2010 @ 10am. (On-site)

669 Port Hacking Road Caringbah South

669 Port Hacking Road Caringbah South

669 Port Hacking Road Caringbah South

669 Port Hacking Road Caringbah South

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April 2009 was an eventful month for most agents in the area, despite the month being full of public holidays including the Easter weekend early in the month and Anzac day falling on a Saturday. Even so Beach & Bay has been busy with sales from Lilli Pilli to Cronulla, from first home buyer properties to luxury homes. Some of our sales this month include 14 Holly St, Caringbah South, 8 Warrington Ave, Caringbah (sold in 1 week), 22 Rawson Pde, Caringbah South, 9 Seaview St, Cronulla, 10/65 Ewos Pde, Cronulla and 10 Lilli Pilli Pt Rd, Lilli Pilli (sold 2 weeks prior to auction).

We would all like to congratulate our vendors and purchasers on their sales and purchases and wish everyone a stress-free move!

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Merry Christmas

The real estate year has come to an end for me and I would just like to thank you all for reading my blogs as well as Henk’s, Natalie’s and Wendy’s. We are all relatively new at this so I hope we didn’t bore you.

We have had a frantic week this week selling 6 Darook Park Rd, Cronulla, 2/96 Kingsway, Woolooware and 167 Gannons Rd, Caringbah South. Next year we hope to continue this momentum and make lots of sellers and buyers happy in 2009!

My next blog will be posted from Florence where I will be for January 2009. Merry Christmas everyone!

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Last week’s auction clearance rate was much improved with 6 out of 15 properties selling, a local clearance rate of 40%. The Sun Herald’s Sydneywide figure was 47%.

Locally in detail:
4 sold at auction, 1 sold prior, 1 sold just after the auction, 2 passed in, 4 vendor bids, 1 no bid, 2 withdrawn.

It was a mixed bag of sales results with for example a near level waterfront in Caringbah South selling for $1.865mil and a waterfront estate on Woolooware Rd with a buyer’s guide of $4mil plus passing in with no bids.

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