Page 8 - Marketing Appraisal Booklet
P. 8
What is the value
of your home?
Recently sold properties - comparable sales.
The following properties were recently sold and I’ve included them as a comparison to your home.
I believe that if they were still on the market, your potential buyers would also be interested in these.
1. 23/19-21 Gipps Street, Wollongong 30/04/2015 $1,500,000 4 Bed, 3 Bath, 3 Car, Same complex Penthouse
2. 19/17 Kembla Street, Wollongong 16/08/2017 $1,750,000 3 Bed, 2 Bath, 8 Car, Penthouse, Dual Level
3. 2/1 Edward Street, Wollongong 21/12/2016 $1,800,000 4 Bed, 2 Bath, 2 Car, One-per-floor Complex
4. 25/7 Edward Street, Wollongong 30/07/2016 $1,640,000 3 Bed, 2 Bath, 3 Car, Sub-Penthouse
5. 19/11-15 Church Street, Wollongong 18/03/2016 $1,625,000 3 Bed, 2 Bath, 2 Car, Penthouse, Dual Level
6. 7/7-9 Ocean Street, Wollongong 13/10/2017 $1,600,000 3 Bed, 2 Bath, 2 Car, One-per-floor Complex
Current market
The following properties are on the market right now. Buyers will be considering the value and lifestyle options
of your property against these.
1. 7/36-38 Church Street, Wollongong Auction: 1/12/2017 Guide: Not Disclosed 3 Bed, 2 Bath, 2 Car
2. 26/47-51 Corrimal Street, Wollongong Listed on: 13/02/2017 Price: Not Disclosed 3 Bed, 2 Bath, 2 Car
3. 8/48-50 Cliff Road, Wollongong Auction: 1/12/2017 Guide: Not Disclosed 3 Bed, 2 Bath, 2 Car
4. 33/72-74 Cliff Road, Wollongong Listed on: 05/10/2017 Price: $3,350,000 3 Bed, 2 Bath, 4 Car
5. 10/11-13 Blacket Street, North Wollongong 09/06/2017 Price: $3,890,000 4 Bed, 3 Bath, 8 Car Penthouse
6. 8/4-6 Hector Street, Wollongong 27/10/2017 Price: Not Disclosed 3 Bed, 2 Bath, 2 Car S/E Penthouse
At the time of writing there are 6 comparable apartments currently for sale in Wollongong.
This is considerably lower than we would normally see at this time of year.
IMPORTANT NOTE
The Property, Stock and Business Agents Amendment (Underquoting Prohibition) Act 2015 No 3, makes it compulsory for your agent to provide
you with an estimated price of no greater than a 10% range and this must be supported by research-based market evidence. Your agent must
provide you with any reasonably necessary updates to this range during the course of a sales campaign. It is an offence to quote more than a 10%
range or to publish or provide price estimates to buyers that are below the current estimated selling range. The use of terms such as “offers above”
and “offers over” are forbidden by The Act.