Last year saw real estate prices increase 10-15% in the Sutherland Shire after several tough years but this year the rapid increase in sale prices across Sydney has been so dramatic that I would estimate the price increase is already 10-15% for the 5 months of 2014, especially in the Sutherland Shire. I do not think we have experienced this sort of price growth spurt since July 2003, when every house sold achieved a new record and properties for sale were in such short supply that people tended to buy first, then sell to avoid being without a home to go to.
241 Attunga Rd, Yowie Bay
It’s back to the days when pest and building inspectors are booked solid, most properties are being marketed as Auction, serious buyers need to attend the first open house if they want to secure the property and every TV channel has a show about renovating and selling!
Will this continue? Should we wait? Is this a bubble? These are the questions buyers keep asking me and I honestly don’t know. What I do know is that Sydneysiders are obsessed with real estate again, interest rates are low and there is a feeling of confidence again in the property sector. If only I had a crystal ball.
My vendors at 241 Attunga Rd Yowie Bay have decided to sell but it was a difficult decision, living right at the water’s edge, with views sweeping from Gymea Bay, North West Arm, The Royal National Park and Port Hacking. Their home is as much unique as it is special. It is not often that a vendor will tell me that they had a seal sunbaking on their deck!
It is the ideal lifestyle for fishing and boating enthusiasts and those who love the water. There are not many who live right on the water so it has its own peacefulness.
An inclinator or path access from the street level double garage takes you to the 2 bedroom cottage. Maximising the 20m wide deep waterfront position a massive timber deck stretches in front of the cottage and adjoins the pontoon and ramp. The aspect is west so there is no lack of sunshine and you will never lack friends with a position like this! When friends pop in there is plenty of room for alfresco dining and a covered terrace for rainy days, the purchaser of this home is guaranteed popularity!
A unique deep waterfront position with panoramic views from the minute you step out of the car. Plus there is enormous potential to improve on the current dwelling if more size is required.
It’s official, we are now only 2 weeks out from Christmas – the festivities have well and truly begun!
Carols By Cruiser
The annual Carols By Cruiser is on again this Sunday, 16th December. The ferry – Gunnamatta – leaves the Royal Motor Yacht Club, Port Hacking at 3:30pm en-route to North West Arm arriving at 4:45pm. The ferry will then cruise west passing the following spots along the way:
Gymea Bay west – 5:15pm
Gymea Bay east – 5:30pm
Yowie Bay – 6pm
Gannons Bay – 6:30pm
Dolans Bay – 7:15pm
Burraneer Bay – 7:30pm
Tonkin Park – 8:15pm
Tickets are $75 for members, $90 for non-members and $65 for children aged 3-12 with all money collected donated to the Cronulla Lions.
If you’re not on a cruiser and you don’t live on the water but have friends who do, make sure you are on their party list so you can enjoy front row seats. Beach & Bay will be at 14 Randell Ave, Lilli Pilli enjoying snags on the barbie and champagne!
Carols on the Lawn – Free Event
Where? Caringbah Uniting Church, corner Dudley Ave & Port Hacking Rd When? Sunday 23rd December at 7:30pm
The family event includes a sausage sizzle, drinks, sweets and Candlelite Flickers to wave plus of course all the favourite carols!