Post on 25-Aug-2020
transcript
Comparative Market Analysis
26 Gwawley Parade Miranda NSW 2228
Prepared on 27th June 2019
SYDNEY GROWTH PROPERTIES PTY LTD
info@sydneygrowthproperties.com.au
The Property
26 Gwawley Parade Miranda NSW 2228
36 697m2 190m22
SYDNEY GROWTH PROPERTIESSELECTED PROPERTIES FOR INVESTORS - DEVELOPERS & 1ST HOMEBUYERS
Your Property History25 Jun, 2019 - Listed for sale at Auction Preview
15 May, 2019 - Listed for rent at $800 / week
20 Oct, 2014 - Sold for $990,000
29 Sep, 2014 - Listed for sale at AUCTION, UNLESS SOLD PRIOR
9 Jun, 2013 - Listed for rent at $825 / week
30 Nov, 2004 - DA for Additions, Alterations for $20,000
© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Floor Plan
© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Comparables Map: Sales
© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Comparable Sales
Price Change -
Last Listing $1,200,000First Listing -
158A Parraweena Road Miranda NSW2228
313m2 176m24 3 1
Sold PriceRS $1,190,000
Sold Date 26-Apr-19 Year Built 2017
Distance 0.16kmDOM 30
1
Price Change -
Last Listing $1,090,000First Listing $1,250,000
137 Parraweena Road Miranda NSW 2228
550m2 121m24 2 2
Sold PriceRS - UN
Sold Date 27-Apr-19 Year Built 1970
Distance 0.28kmDOM 62
2
Price Change -
Last Listing -First Listing -
1 Frances Place Miranda NSW 2228
562m2 204m26 2 1
Sold PriceRS - UN
Sold Date 14-May-19 Year Built 1970
Distance 0.41kmDOM 21
3
Price Change -
Last Listing $950,000First Listing $1,189,000
35 Milford Road Miranda NSW 2228
550m2 -3 1 1
Sold PriceRS - UN
Sold Date 03-Jun-19 Year Built -
Distance 0.76kmDOM 146
4
Price Change -20%
Last Listing -First Listing $1,000,000
23 Goodacre Avenue Miranda NSW 2228
556m2 110m23 1 2
Sold Price $800,000
Sold Date 26-Apr-19 Year Built 1965
Distance 0.8kmDOM 422
5
= Recent saleDOM = Days on market RS UN = Undisclosed Sale
© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Comparable Sales
Price Change -
Last Listing $1,399,000First Listing $1,500,000
82 Kareena Road Miranda NSW 2228
809m2 246m25 3 1
Sold PriceRS - UN
Sold Date 20-Jun-19 Year Built 2019
Distance 0.91kmDOM 101
6
Price Change -
Last Listing -First Listing -
493 Kingsway Miranda NSW 2228
920m2 117m23 1 1
Sold PriceRS $1,540,000
Sold Date 15-Jun-19 Year Built 1955
Distance 1.06kmDOM 18
7
Price Change -
Last Listing -First Listing -
15 Garnet Road Miranda NSW 2228
556m2 -3 2 2
Sold PriceRS $940,000
Sold Date 21-May-19 Year Built -
Distance 1.14kmDOM 28
8
Price Change -
Last Listing $1,300,000First Listing -
143 Bellingara Road Miranda NSW 2228
826m2 -3 1 2
Sold PriceRS $1,455,000
Sold Date 25-May-19 Year Built 1960
Distance 1.39kmDOM 25
9
Price Change -
Last Listing $1,150,000First Listing -
5 Macartney Street Miranda NSW 2228
570m2 132m24 2 1
Sold Price $1,145,000
Sold Date 12-Apr-19 Year Built 1950
Distance 1.44kmDOM 148
10
= Recent saleDOM = Days on market RS UN = Undisclosed Sale
© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Comparable Sales
Price Change -3.4%
Last Listing $1,450,000First Listing $1,450,000
10 Anzac Street Miranda NSW 2228
645m2 104m24 3 1
Sold PriceRS $1,400,000
Sold Date 20-Jun-19 Year Built 2019
Distance 1.52kmDOM 59
11
Price Change -
Last Listing $1,150,000First Listing -
275A The Boulevarde Miranda NSW2228
379m2 202m25 3 1
Sold PriceRS $1,100,000
Sold Date 03-May-19 Year Built 2017
Distance 1.56kmDOM 95
12
Price Change -
Last Listing $1,500,000First Listing $1,800,000
268 The Boulevarde Miranda NSW 2228
556m2 276m26 3 2
Sold PriceRS - UN
Sold Date 10-Apr-19 Year Built 2018
Distance 1.74kmDOM 112
13
Price Change -
Last Listing $1,000,000First Listing $1,000,000
154 Sylvania Road Miranda NSW 2228
575m2 164m23 2 1
Sold PriceRS - UN
Sold Date 02-Apr-19 Year Built 2019
Distance 1.85kmDOM 22
14
Price Change -
Last Listing -First Listing -
154B Sylvania Road Miranda NSW 2228
291m2 -3 2 1
Sold Price $1,130,000
Sold Date 03-Apr-19 Year Built -
Distance 1.85kmDOM -
15
= Recent saleDOM = Days on market RS UN = Undisclosed Sale
© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Comparable Sales
Price Change -
Last Listing -First Listing -
2B Clifford Road Miranda NSW 2228
613m2 -4 3 2
Sold PriceRS $1,195,000
Sold Date 15-Jun-19 Year Built -
Distance 2kmDOM 26
16
= Recent saleDOM = Days on market RS UN = Undisclosed Sale
© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
MirandaDemographic
Suburb Insights
15.3 kPopulation
6%5 years population
change
10.1 yearsAverage length of
ownership
HOUSEHOLD STRUCTURE HOUSEHOLD OCCUPANCY HOUSEHOLD INCOME AGE
TYPE % TYPE % TYPE % TYPE %
Childless Couples 33.7 Owns Outright 32.1 0-15.6K 3.8 0-9 13.0
Couples with Children 46.8 Purchaser 31.4 15.6-33.8K 13.8 10-19 10.4
Single Parents 18.0 Renting 32.7 33.8-52K 12.1 20-29 11.8
Other 1.5 Other 1.3 52-78K 13.6 30-39 14.4
Not Stated 2.6 78-130K 23.5 40-49 13.7
130-182K 12.8 50-59 12.0
182K+ 10.7 60-69 9.3
70-79 7.4
80-89 6.2
1.790-99
The size of Miranda is approximately 4.8 square kilometres. It has 13 parks covering nearly 4.9% of total area.The population of Miranda in 2011 was 14,435 people. By 2016 the population was 15,272 showing apopulation growth of 5.8% in the area during that time. The predominant age group in Miranda is 30-39years. Households in Miranda are primarily couples with children and are likely to be repaying $1800 - $2399per month on mortgage repayments. In general, people in Miranda work in a professional occupation. In 2011,64.2% of the homes in Miranda were owner-occupied compared with 63.5% in 2016. Currently the mediansales price of houses in the area is $1,120,000.
© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Local Schools
SCHOOL ADDRESS DISTANCE SCHOOL TYPE GENDER SECTOR YEARS
Miranda North Public School
162B The Boulevarde MirandaNSW 2228
0.6km Primary Mixed Government 0-6
Endeavour Sports HighSchool81-83 The BoulevardeCaringbah NSW 2229
0.6km Secondary Mixed Government 7-12
Caringbah High School
85 Willarong Road CaringbahNSW 2229
1.0km Secondary Mixed Government 7-12
Taren Point Public School
93 Woodlands Road TarenPoint NSW 2229
1.1km Primary Mixed Government 0-6
Our Lady Star of the SeaCatholic School44-50 Kiora Road MirandaNSW 2228
1.2km Primary Mixed Non-Government 0-6
Property is within school catchment area Property is outside school catchment area
© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Recent Market Trends
Sales by Price - 12 months (House)
PRICE
<200K
$200K-$400K
400K-600K
$600K-$800K
$800K-$1M
$1M-$2M
>$2M
NUMBER
0
2
0
4
18
83
5
PERIOD PROPERTIES SOLD MEDIAN PRICE GROWTH DAYS ON MARKET LISTINGS ASKING RENT
Mar 2019 12 $1,120,000 -2.6% 58 51 $725
Feb 2019 18 $1,150,000 -6.1% 53 54 $730
Jan 2019 11 $1,225,000 -2.0% 52 54 $750
Dec 2018 12 $1,250,000 -0.4% 50 47 $735
Nov 2018 14 $1,255,000 -1.8% 50 54 $740
Oct 2018 13 $1,277,500 -1.7% 39 52 $700
Sep 2018 10 $1,300,000 0.0% 37 44 $720
Aug 2018 14 $1,300,000 -1.5% 34 42 $730
Jul 2018 10 $1,320,000 -0.4% 32 36 $720
Jun 2018 19 $1,325,000 -1.1% 32 35 $725
May 2018 17 $1,340,000 0.0% 32 37 $710
Apr 2018 14 $1,340,000 -0.7% 32 42 $700
© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Long Term Market Trends
PERIOD
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
PROPERTIES SOLD
164
211
189
166
155
132
107
125
124
136
103
131
131
117
105
109
139
173
110
143
MEDIAN PRICE
$1,120,000
$1,350,000
$1,227,500
$1,200,000
$920,000
$809,000
$722,500
$715,000
$701,000
$634,000
$570,000
$592,500
$538,500
$555,000
$600,000
$620,000
$517,625
$424,000
$388,000
$380,000
GROWTH
-17.0%
10.0%
2.3%
30.4%
13.7%
12.0%
1.0%
2.0%
10.6%
11.2%
-3.8%
10.0%
-3.0%
-7.5%
-3.2%
19.8%
22.1%
9.3%
2.1%
16.0%
DAYS ON MARKET
58
32
39
38
24
21
30
36
36
19
36
54
40
73
75
17
-
-
-
-
LISTINGS
148
145
142
112
108
86
89
99
114
99
81
108
119
107
99
60
2
6
2
1
ASKING RENT
$700
$710
$650
$670
$625
$600
$595
$550
$570
$490
$470
$450
$380
$380
-
-
-
-
-
-
© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Disclaimer
Contains property sales information provided under licence from the Land and Property Information(“LPI”). RP Data Pty Ltd trading as CoreLogic is authorised as a Property Sales Information provider bythe LPI.
The Appraisal Amount contained in the report may have been manually provided by the Agent; or may bebased on an automated valuation model estimate provided by CoreLogic ('AVM Estimated Value'). AVMEstimated Values are current at the date of the publication only. It is computer generated and is not aprofessional appraisal of the subject property and should not be relied upon in lieu of appropriateprofessional advice. The accuracy of the methodology used to develop the AVM Estimated Value, theexistence of the subject property, and the accuracy of the AVM Estimated Value and all rule sets providedare estimates based on available data and are not guaranteed or warranted. CoreLogic excludes all liabilityfor any loss or damage arising in connection with the Appraisal Amount and/or AVM Estimated Value.
Product Data licensed by CoreLogic under a Creative Commons Attribution licence. For details regardinglicence, data source, copyright and disclaimers, seewww.corelogic.com.au/aboutus/thirdpartyrestrictions.htmlAll information relating to Schools provided by CoreLogic is as a courtesy only. CoreLogic does not makeany representations regarding the accuracy or completeness of the data. You should contact the Schooldirectly to verify this information.
A floor plan of a property is indicative only and may not be complete or accurate. Any floor plan that isproduced is not intended or designed to replace the certificate of title or land survey.
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic doesnot warrant the accuracy or completeness of the data and information contained in this publication and tothe full extent not prohibited by law excludes all for any loss or damage arising in connection with thedata and information contained in this publication.
© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.