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QMR Mosman Quarter 3 - 2015
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Quarterly Market Report Apartments and Townhouses - Mosman Quarter 3 - 2015
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Quarterly Market Report Apartments and Townhouses - Mosman
Transcript of QMR Mosman Quarter 3 - 2015
Quarterly Market ReportApartments and Townhouses - Mosman
Quarter 3 - 2015
Welcome to our market reportMosman across all apartment and townhouses saw a slight slow in growth for this quarter with three bedroom apartments taking the biggest hit with a 15% decrease in prices. Two bedroom prices decreased by 3.5% compared to last quarter. On the positive side, one bedrooms saw nearly a 9.5% growth since last quarter with an average price nearly hitting $650K. Interestingly, there are normally fewer properties listed for sale in winter which generally drives prices because demand outweighs stock, however there were 13 more properties listed for sale this quarter compared to last quarter. We also saw a new category of four bedroom apartments being sold.
In the third quarter of 2015 (July to September), there were a total of 109 apartments/townhouses sold in Mosman, with an average selling price of $990,531. When you compare this to Q2 of 2015, which had an average selling price of $1,006,984, this indicates a slight decrease of $16,453.
As we move into the spring selling quarter (October – December) there has been plenty of speculation in the media regarding declining auction clearance rates across Sydney and terms being thrown around like, ‘bubble to burst’ and ‘peak of market’. The Lower North Shore and our office are still experiencing consistently good clearance rates and strong buyer demand. Now is a great time to sell and we would love to have a discussion with you regarding your next move.
Mosman StatisticsAverage Price Number Sold Difference from Q2, 2015
1 bedroom $644,678 29 +$61,512
2 bedroom $967,425 52 -$34,158
3 bedroom $1,533,928 21 -$232,738
4 bedroom $3,100,000 4
Average sales prices tracked over the last 12 months
Mosman North Sydney LGA
$510,000
$600,000
$690,000
$420,000
$780,000
$870,000
$960,000
$240,000
$330,000
$150,000
Jun 14 Jul 14 Aug 14 Sep 14 Oct 14 Nov 14 Dec 14 Jan 15 Feb 15 Mar 15 Apr 15 May 15
$1,050,000
Recent Sales
1/40A Musgrave Street
17/1 Mosman Street
9/55 Prince Albert Street
8/10 Harnett Avenue
2/66B Prince StreetFor a full list of sales in this area, please visit our website whyurbanliving.com
Street Address Beds Baths Cars Price
8/73 Bradleys Head Road 1 1 1 $668,000
11/12 Clifford Street 1 1 1 $616,000
3/12A Esther Road 1 1 0 $440,000
406/450 Military Road 1 1 2 $650,000
2/25 Mitchell Road 1 1 1 $711,700
7/22-24 Mosman Street 1 1 1 $535,000
17/2 Raglan Street 1 1 1 $1,050,000
8/166 Raglan Street 1 1 1 $565,000
2/102 Spit Road 1 1 0 $520,000
504/88 Vista Street 1 1 1 $770,000
7/30 Warringah Road 1 1 0 $675,000
3/163 Avenue Road 2 1 0 $880,000
35/16 Bardwell Road 2 2 1 $1,100,000
3/38 Belmont Road 2 1 1 $902,000
2/112 Belmont Road 2 1 1 $680,000
8/10 Harnett Avenue 2 1 1 $925,000
12/1 Mandolong Road 2 2 1 $1,600,000
10/23 Mcleod Street 2 2 1 $1,560,000
3/492 Military Road 2 1 1 $740,000
3/31 Musgrave Street 2 1 1 $1,610,000
1/43 Musgrave Street 2 1 1 $875,000
2/66B Prince Street 2 1 0 $770,000
7E/74 Prince Street 2 1 1 $825,000
6/5 Punch Street 2 2 1 $1,250,000
1/60B Raglan Street 2 1 0 $745,000
5/101 Spit Road 2 1 1 $790,000
4/191 Spit Road 2 1 0 $867,000
23/34 Stanton Road 2 1 1 $1,272,000
63/75 Spofforth Street 2 1 1 $865,000
5A/139 Avenue Road 3 2 1 $1,540,000
9/108 Cabramatta Road 3 1 0 $920,000
3A/112 Cowles Road 3 2 1 $1,600,000
8/8 Earl Street 3 2 2 $2,310,000
24/139-153 Middle Head Road 3 2 2 $1,550,000
8/10 Harnett Avenue 2 1 1 $925,000
Recent SalesStreet Address Beds Baths Cars Price
21/55 Prince Albert Street 3 2 1 $1,250,000
7/8 Punch Street 3 2 2 $1,750,000
1/49 Upper Avenue Road 3 1 0 $1,250,000
1/8 Park Avenue 4 4 3 $3,100,000
4/4 Badham Avenue 1 1 1 $475,000
8/73 Bradleys Head Road 1 1 1 $668,000
11/12 Clifford Street 1 1 1 $616,000
1/14 Clifford Street 1 1 0 $520,000
3/12A Esther Road 1 1 0 $440,000
109/100 Glover Street 1 1 1 $750,500
3/62 Middle Head Road 1 1 1 $645,000
406/450 Military Road 1 1 2 $650,000
2/822 Military Road 1 1 2 $680,000
2/25 Mitchell Road 1 1 1 $711,700
9/6B Mosman Street 1 1 1 $670,000
7/22-24 Mosman Street 1 1 1 $535,000
17/2 Raglan Street 1 1 1 $1,050,000
8/166 Raglan Street 1 1 1 $565,000
15/180 Raglan Street 1 1 1 $595,000
20/180 Raglan Street 1 1 1 $665,000
4/80 Shadforth Street 1 1 1 $614,000
21/113 Shadforth Street 1 1 0 $610,000
2/102 Spit Road 1 1 0 $520,000
22/114 Spit Road 1 1 0 $626,770
29/164 Spit Road 1 1 1 $715,000
109/88 Vista Street 1 1 0 $715,000
504/88 Vista Street 1 1 1 $770,000
12/19 Warringah Road 1 1 1 $635,000
7/30 Warringah Road 1 1 0 $675,000
Recent SalesStreet Address Beds Baths Cars Price
3/163 Avenue Road 2 1 0 $880,000
35/16 Bardwell Road 2 2 1 $1,100,000
51/16 Bardwell Road 2 2 1 $1,080,000
3/38 Belmont Road 2 1 1 $902,000
2/112 Belmont Road 2 1 1 $680,000
27/588 Bond Street 2 1 1 $1,040,000
4/75 Bradleys Head Road 2 1 0 $575,197
3/6 Brierley Street 2 1 0 $830,000
8/79 Glover Street 2 1 1 $901,000
8/10 Harnett Avenue 2 1 1 $925,000
30/17-23 Heydon Street 2 1 0 $595,000
3/24 Lower Almora Street 2 2 1 $1,596,000
12/1 Mandolong Road 2 2 1 $1,600,000
10/23 Mcleod Street 2 2 1 $1,560,000
35/16 Military Road 2 2 1 $1,100,000
7/480 Military Road 2 1 1 $797,500
3/492 Military Road 2 1 1 $740,000
13/705 Military Road 2 2 2 $1,400,000
3/31 Musgrave Street 2 1 1 $1,610,000
6/40 Musgrave Street 2 1 1 $1,170,000
1/43 Musgrave Street 2 1 1 $875,000
22/43 Musgrave Street 2 1 1 $865,000
8/33 Park Avenue 2 1 1 $770,000
2/66B Prince Street 2 1 0 $770,000
4E/74 Prince Street 2 1 1 $775,000
7E/74 Prince Street 2 1 1 $825,000
3/5 Punch Street 2 2 2 $1,200,000
6/5 Punch Street 2 2 1 $1,250,000
6/1 Queen Street 2 1 1 $935,000
Recent SalesStreet Address Beds Baths Cars Price
1/60B Raglan Street 2 1 0 $745,000
3/90 Raglan Street 2 1 1 $692,000
7/160 Raglan Street 2 1 1 $776,600
3/26 Somerset Street 2 2 0 $835,000
7/55 Spit Road 2 1 1 $795,000
5/101 Spit Road 2 1 1 $790,000
2/164 Spit Road 2 1 1 $625,000
19/174 Spit Road 2 1 1 $880,000
7/180 Spit Road 2 1 1 $855,000
4/191 Spit Road 2 1 0 $867,000
23/34 Stanton Road 2 1 1 $1,272,000
15/39 Stanton Road 2 1 1 $1,100,000
3/1A Superba Parade 2 1 0 $1,155,000
63/75 Spofforth Street 2 1 1 $865,000
5A/139 Avenue Road 3 2 1 $1,540,000
9/108 Cabramatta Road 3 1 0 $920,000
3A/112 Cowles Road 3 2 1 $1,600,000
8/8 Earl Street 3 2 2 $2,310,000
3/107 Middle Head Road 3 2 0 $1,190,000
24/139-153 Middle Head Road 3 2 2 $1,550,000
1/790 Military Road 3 2 2 $1,675,000
4/2A Park Avenue 3 2 2 $1,670,000
21/55 Prince Albert Street 3 2 1 $1,250,000
7/8 Punch Street 3 2 2 $1,750,000
12/6 Rose Crescent 3 2 1 $1,520,000
1/207 Spit Road 3 2 2 $1,450,000
1/49 Upper Avenue Road 3 1 0 $1,250,000
11/6 Wyargine Street 3 1 1 $1,800,000
1/8 Park Avenue 4 4 3 $3,100,000
Disclaimer: 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.
At Bloom Cafe we know how important your morning coffee is.
Bring this coupon into Bloom to receive a regular coffee of your choice free of charge.
118 Prince Albert Street, Mosman
Urban Living by LJH is a specialist real estate agency devoted to apartment and townhouse sales.Having identified a genuine lack of real estate expertise purely servicing the apartment and townhouse market on the Lower North Shore, LJ Hooker Lower North Shore has proudly launched Urban Living by LJH, a boutique agency devoted to apartment and townhouse sales. Lead and managed by respected agents Clare Rutledge and Jason Passlow, Urban Living by LJH recognises and understands that selling a strata titled property requires a completely different strategy to selling a family home.
Why choose us?“I found Clare absolutely fantastic to deal with. Clare walked me through the whole process of the sale one step at a time, clearly explaining what I needed to do or where everything was at. I found Clare motivated and honest. Overall I am tremendously pleased with her efforts and would insist anyone who sold an apartment went through her.”
- Hamish McKibbin, Mosman Street
Contact your Urban Living SpecialistsClare Rutledge0422 004 [email protected]
Daniel Campbell0432 736 [email protected]
Jason Passlow0402 182 [email protected]
LJ Hooker House102 Glover Street
Mosman NSW 20889969 1500
mnb.ljhooker.com.au
This voucher is for a regular size coffee only. Customers who upsize will be required to pay the difference. Vouchers are not redeemable for cash and are not transferable.
