Client Edition Ray White Unlimited | Bondi Beach By Ron Bauer
Making Sense - Final Edition 2017 The year that was This is the final edition of ´Making Sense´ for 2017, thank you for your interest and feedback along the way.
This year panned out almost exactly the same as the end of the boom in 2003. Strong rises and heated Auctions were a constant... and then they weren´t. It was midOctober this year as it was then when it just changed almost one week to the next. Enquiries have slowed, buyers have thinned out and Auctions are a much calmer affair. The difference is that 14 years ago, there were other economic issues at play and interest rates were considerably higher. So unless rates move upwards soon (unlikely), property price rises may yet continue, albeit at a slower rate. Prediction for 2018: Good properties will always be popular and competed for. ´Good´ = inherently good features eg views, location, parking. But overall there will be more balance which could actually lead to greater confidence to transact property. If so, more properties will come onto the market and there will be greater balance between buyers and sellers.
Investment news: The rental market has noticeably slowed as the year draws to an end as well. While Winter was still solid compared to what can occur, the Spring/Summer ´rush´ has been a little less bullish than the usual. Vacancy rates are still sub-1% as we have maintained now for some years, but we just wonder if there may be some upward creep on this as next year unfolds. Our now-expanded team has access to the largest resources in the local area to make the most of any market. We are constantly checking, measuring and reviewing the specific circumstances to make the most of the returns on behalf of our clients. Most importantly however, thank you to those who supported us yet again in 2017. We really have the best clients and truly appreciate the opportunity of representing you and achieving excellent results on your behalf. Wishing our clients and friends all the best over the holiday period and a Happy New Year!
Yours Faithfully,
Ray White Unlimited | Bondi Beach
RON BAUER Director/Principal 0414 345 444
“Not how many, Not how fast, It’s how well.” With over 25 years of local experience, it makes sense to call Ron Bauer if you want to achieve the best possible price for your property.
Open Invitation Would you like to get a ‘feel’ for the market? Please come along to one of our next Auctions being held on: Monday 11 December, 6.30pm Venue: Club Rose Bay, Cnr Vickery Ave & New South Head Rd, Rose Bay “The only quality Eastern Suburbs venue with lift access and easy parking” For an order of sale 1 day prior, please email
[email protected] or call the office
Some recent sales:
Sold Maroubra
Hereward Street $775,000
Sold Bondi Beach
Campbell Parade $1,830,000
Sold Stanmore
Harrow Road $3,400,000
Sold North Bondi
Nancy Street $3,425,000
Some recent lettings:
Leased Waverley
Bronte Road $1,500pw
Leased Bondi Beach
Curlewis Street $700pw
Sold above the reserve on behalf of our Management Client!
Sold Bellevue Hill Bellevue Road $936,000
Sold Darling Point
Darling Point Road $1,850,000
Leased Waverley
Bronte Road $675pw
Sold Over $300,000 Above Reserve Price Ms J Is A Very Happy Client!
Bondi Beach Francis Street $5,550,000
Sold Bondi
Penkivil Street $1,435,000
Leased Bondi
Penkivil Street $1,050pw
We are pleased to present our... ‘Investment Property Of The Month’
3/206 Victoria Road, Bellevue Hill Great value in the heart of it all! • Homelike 2 bedroom apartment • Sunny living area & balcony • Car space & sep storage on title • Ideal 1st home or investment View: Sat/Thur 11am - 11.45am Auction: Mon 11 December, 6.30pm Club Rose Bay
Sold Bondi Beach, 15 Francis Street
Sold
Price Estimate: $850,000+ Opinion of Market Rent: $800-$850pw with cosmetic improvements Special Features: Original apartment with potential plus. Sydney´s top lifestyle suburbs all within walking distance.
Are you considering selling your investment property? We take great care and employ every resource to ensure that sales on behalf of our management clients achieve the very best in service and price. If you require any advice or assistance in regards to buying or selling, please contact me directly anytime. Confidentiality and experienced advice assured.
Your Team Principal: Ron Bauer Sales: Monica Shor, Melanie Lahoud, Hamish McMaster, Lisa Dwyer, Phabien Thompson, Paula Simoes, Tess Ditchfield Property Mgt: David Germane, Amoula Kemeny, Nicole Sirtes, Joanne Saffer, Samantha Myers, Emma Whaling, Joey Shatari, Rebecca Sharp Business Development: Lena Lahood Admin: Karen Gosbell, Susie Kemeny, Jeanette Misiak, Romy Rodriguez, Amber Varacalli Reception: Nina Costanzo 52 Blair Street, North Bondi Ph: 9365 5888 rwunlimited.com.au
25 Hall Street, Bondi Beach Ph: 9365 5888 raywhitebondibeach.com.au
350 New South Head Road, Double Bay Ph: 9365 5888 rwunlimited.com.au
Some recent sales:
Sold
Sold
Sold
Sold
Maroubra
Bondi Beach
Bellevue Hill
Bondi Beach
Hereward Street $775,000
Campbell Parade $1,830,000
Bellevue Road $936,000
Francis Street $5,550,000
Sold
Sold
Sold
Sold
Stanmore
North Bondi
Darling Point
Bondi
Harrow Road $3,400,000
Nancy Street $3,425,000
Darling Point Road $1,850,000
Penkivil Street $1,435,000
Some recent lettings:
Leased
Leased
Leased
Leased
Waverley
Bondi Beach
Waverley
Bondi
Bronte Road $1,500pw
Curlewis Street $700pw
Bronte Road $675pw
Penkivil Street $1,050pw
Sold above the reserve on behalf of our Management Client!
We are pleased to present our... ‘Investment Property Of The Month’ 3/206 Victoria Road, Bellevue Hill Great value in the heart of it all! • Homelike 2 bedroom apartment • Sunny living area & balcony • Car space & sep storage on title • Ideal 1st home or investment View: Sat/Thur 11am - 11.45am Auction: Mon 11 December, 6.30pm Club Rose Bay
Sold Bondi Beach, 15 Francis Street Sold Over $300,000 Above Reserve Price Ms J Is A Very Happy Client!
Price Estimate: $850,000+ Opinion of Market Rent: $800-$850pw with cosmetic improvements Special Features: Original apartment with potential plus. Sydney´s top lifestyle suburbs all within walking distance.
Are you considering selling your investment property? We take great care and employ every resource to ensure that sales on behalf of our management clients achieve the very best in service and price. If you require any advice or assistance in regards to buying or selling, please contact me directly anytime. Confidentiality and experienced advice assured.
Your Team Principal: Ron Bauer Sales: Monica Shor, Melanie Lahoud, Hamish McMaster, Lisa Dwyer, Phabien Thompson, Paula Simoes, Tess Ditchfield Property Mgt: David Germane, Amoula Kemeny, Nicole Sirtes, Joanne Saffer, Samantha Myers, Emma Whaling, Joey Shatari, Rebecca Sharp Business Development: Lena Lahood Admin: Karen Gosbell, Susie Kemeny, Jeanette Misiak, Romy Rodriguez, Amber Varacalli Reception: Nina Costanzo 52 Blair Street, North Bondi Ph: 9365 5888 rwunlimited.com.au
25 Hall Street, Bondi Beach Ph: 9365 5888 raywhitebondibeach.com.au
350 New South Head Road, Double Bay Ph: 9365 5888 rwunlimited.com.au