Page 7 - King William 34

1. Sales Appraisal
Your Home
Properties in the Greenwich area are highly sought after given its ideal location close to Sydney and lovely village atmosphere.
Your home is in well located in one of Greenwich’s prized streets, close to Greenwich Village and Greenwich Primary School. Bus, ferry and train transport, are all close by. It is a comfortable and attractive family home, which would have wide appeal in the market.
Local Market
We have seen continuing strong results for Greenwich properties and stock levels remain low.
We have many buyers looking to buy in Greenwich. As the number 1 agent for Greenwich, Greenwich’s many buyers ask to put their contact details on Harbourline’s data base.
We have strong demand from our overseas buyers, particularly from the Chinese community. Our Chinese buyers and investors are an integral part of the current market place. Harbourline’s Lance Tu, a native chinese speaker, is particulary good at engaging and selling to chinese buyers.
Potential Buyers
The quality, style and excellent location of the home will appeal to a broad target market, consisting of:
• Families Upgrading to a Bigger House.
Many buyers come from Greenwich and nearby adjacent areas, upgrading from smaller homes and apartments.
• Downsizers and Professional Couples
The central location and proximity to the city, Crows Nest, Lane Cove, Chatswood, local clubs, schools, CBD, local shopping and dining precincts offering great lifestyle, amenity and convenience.
• Investors
International and local investors looking for stable long-term investment returns. There is continuing demand from this segment. Low maintenance, rental return and good location are the main purchasing criteria for this group.
• Expatriates Before They Return to Australia
This group typically have the same buying criteria as investors.
• Out-of-Area Buyers
There is always demand from out-of-area buyers. They like the central location, proximity to good local schools, good public transport and local recreational facilities. They often ask to be put on Harbourline’s data base
Sales Assessment
Our sales assessment is based on Greenwich sales since January 2016. These are
outlined below. We believe the market interest would be between $3.4 million and $3.76
If you were to engage Harbourline, I and my colleague Lance Tu would work tirelessly to ensure we worked the local and overseas market to generate the maximum price from the market.
million.
Comparable Greenwich Sales Since January 2016
Address
Sale Price
Date
Land (M2)
Amenities
39 Kingslangley Road
$3,600,000
Oct 2016
1005
Land Value
48 Kingslangley Road
$3,501,000
Feb 2016
1012
5B/4B/2C/Pool
35 Vista Street
$3,420,000
Feb 2016
647
3B/1B/
28 Wilona Avenue
$3,125,000
Apr 2016
550
4B/4B/2C/Pool