EDITION 5, 2017

COURTESY OF RAY WHITE MITTAGONG

Market Review

2575,2576, 2577

The Team Ray White Mittagong

Tony FountainSales0418 238 341tony.fountain@raywhite.com

WELCOMETHE TEAM

Rick MooneyPrincipal0419 310 059rick.mooney@raywhite.com

Suzanne KingSales/Personal Assistant02 4872 3632suzanne.king@raywhite.com

Nathan GairSales0447 111 714nathan.gair@raywhite.com

Tanya BzadoughProperty Manager0418 869 856mittagong.rentals@raywhite.com

Elisha MooreSales0474708932elisha.moore@raywhite.com

Autumn has officially arrived with many considering this the ideal time of year to sell as strong sales are registered at this time of year, often due to the holidays being officially over and most having returned to their normal routines. There is often renewed energy after the holidays which results in more buyers ready to move and sellers keen to settle into their new abode before winter arrives, so all seem galvanized into action. We have worked with many buyers and vendors over the holiday period, achieving some stellar results and anticipate the market will now start to move at a faster pace throughout the rest of 2017.

While there is certainly some room for improvement, overall opportunity abounds for both buyers and sellers as the market starts to move with more urgency coming into the cooler months of 2017. It is predicted that the capital growth will continue to increase, even if at a steadier pace than 2015/16 which makes it an ideal time to sell. If you are considering this option, now is the time to make those minor adjustments to your home, making sure it is presented in the best light for prospective buyers.

Ray White Mittagong has been recognised as one of the top five agencies in the Bowral-Mittagong area in the RateMyAgent 2016 Agent of the Year Awards.

The awards recognise agents and agencies that have ranked the highest based on customer reviews and feedback.

Ray White Principal Rick Mooney said it was a great reward for his team.

This award recognises the hard work of my team and the dedication we have to the local property market.

In the past year we’ve sold $35 million worth of property and we’re thrilled so many of our customers appreciate our work and have rated us using the RateMyAgent site. To be voted number one by your customers is a real testament to the service we provide.

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HILL TOP SOLD MEDIAN PRICE

56 $525K

COLO VALESOLD MEDIAN PRICE

23 $595K

SUBURB WATCH LAST 12 MONTHS

20162017

MARKET STATISTICS

25 TOTAL NUMBER OF PROPERTIES

SOLD BY RAY WHITE MITTAGONG THIS

QUARTER

24

3

AVERAGE DAYS ON MARKET IN

MITTAGONG

12CURRENTLY LISTED

BY RAY WHITE MITTAGONG

SOLD MEDIAN PRICE

8 $578K

WILLOW VALE

SOLD MEDIAN PRICE

12 $535K

BALACLAVA

SOLD MEDIAN PRICE

101 $665K

MITTAGONG

SOLD MEDIAN PRICE

19 $868K

RENWICK

SOLD MEDIAN PRICE

95 $1.3K

BURRADOO

SOLD MEDIAN PRICE

241 $890K

BOWRAL

SOLD MEDIAN PRICE

204 $587K

MOSS VALE

SOLD MEDIAN PRICE

12 $576K

WELBY

MARCH, MAY, NOVEMBER

BEST MONTHS TO SELL

SALES COMPARISON FOR JANUARY - MARCH

SUBURB PROPERTIES SOLD

MEDIAN PRICE

MITTAGONG 53 $799,00

BURRADOO 19 $1,768,000

MOSS VALE 56 $612,000

BOWRAL 74 $867,000

RENWICK 7 $814,000

HILL TOP 18 $518,000

SUBURB PROPERTIES SOLD

MEDIAN PRICE

MITTAGONG 32 $623,000

BURRADOO 31 $1,140,000

MOSS VALE 61 $575,000

BOWRAL 93 $771,000

RENWICK 4 $569,000

HILL TOP 16 $454,000

Can you Believe the first quarter of 2017 is behind us? This year is certainly flying by! But alas, here we are, and now seems like the perfect time to look over what the begining of 2017 has brought to our property market.

We are thrilled to share that our agency sold 227 properties from January to March, with most being sold by Private Sale. Our highest sale was for a property in Mittagong which was sold for $726,000. Over the holiday period, where the market can be a little more passive, this is an incredible result and one that our vendor was incredibly happy with.

PROPERTIES SOLD JANUARY - MARCH 2017

MITTAGONG

19

RENWICK

7

HILL TOP

18

BOWRAL

74

BURRADOO

19

MOSS VALE

56

*MAP NOT TO SCALE

NATTAI NATIONAL PARK

MITTAGONG

COLO VALE

HILL TOP

WELBY

WILLOW VALE

BALACLAVA

RENWICK

MOSS VALE

BOWRAL

BURRADOO

HUME MOTORWAY

*Not all properties sold by Ray White Mittagong *Not all properties sold by Ray White Mittagong

SOLD $850,000 SOLD $495,500

SOLD $600,000 SOLD $1,050,000

SOLD $1,000,000 SOLD $780,000

SOLD $857,500 SOLD $740,000

SOLD $742,500 SOLD $705,000

SOLD $940,000 SOLD $730,000

3 3

2 4

4 3

6 3

3 4

4 3

1 0

1 6

2 2

2 1

2 2

4 1

1 1

1 2

2 1

2 2

1 3

2 2

SOLD $690,000 SOLD $477,500

SOLD $985,000 SOLD $580,000

SOLD $720,000 SOLD $910,000

SOLD $830,000 SOLD $720,000

SOLD $610,000 SOLD $925,000

SOLD $1,100,000 SOLD $550,000

3 4

4 5

5 4

4 5

4 4

4 4

1 0

3 4

4 4

3 0

2 5

2 2

1 1

2 2

3 2

3 2

2 2

3 2

FEATURED SALES

Bowral MittagongMoss Vale Hilltop

COMMUNITY SHOWCASE

WIN A RAY WHITE BIKE!

Shop at the Hill Top Village Shops for your chance to WIN. DRAWN: 12th May 2017.

Ray White Mittagong are proud to support our local community and sporting clubs.

Like us on Facebook to keep up to date!

We can’t wait to see the Mittagong Lions Soccer Club Succeed this season!

We are now a SILVER sponsor for the Rugby club

We are now sponsoring The Highland Hawks

We are now a proud sponsor of the Wildcats Netball Club

HOW MUCH IS MY PROPERTY WORTH?

WE’VE GOT YOU COVERED THIS AUTUMN

MARKET REVIEW

EXAMPLE

VALUE OF YOUR PROPERTY IN TODAY’S MARKET?

Are you curious to know the new

Request a free Market Review and we’ll provide you with an area profile, recent sales and listing activity and more.

Experience You Don’t need to know anything about buying or selling! The real estate market can be a tricky place but we know how to get the best outcome for you.

The proof as they say, is in the pudding. We will be happy to share our success stories and show you how we can help you to reach your goals!

Trust the name that has been helping hundreds in your local area. We are familiar with your area and have proven track record for success.

We offer professional advice based on years of experience. A well executed marketing campaign is paramount to achieving the best outcome.

Results

Knowledge Professionalism

If you are part of a local community organisation or club and seeking some form of sponsorship please send an email request to suzanne.king@raywhite.com with your submission request.

RAY WHITE MITTAGONG KNOW HOW TO MANAGE YOUR PROPERTYRENTAL STATISTICS

Serious about your investment property? So are we! Contact Tanya for more information today!

Tanya BzadoughProperty Manager

PH: 0418 869 856 E: mittagong.rentals@raywhite.com

Meet Tanya,

A passion for real estate and helping clients find a new home led me into a career that has extended for 20 years. Whilst I have had brief experience in sales, it was property management that I soon realised was my passion.

I have worked as a licensed Real Estate Agent in some of the top real estate offices from Camden to the Inner West. Combining this with working for a leading Commercial Real Estate Agency, the experience has been invaluable and has helped me to excel in this field. Whilst I did have a few years away from Real Estate to work in a government field, I soon realised that Property Management was where my heart

“ “I have had piece of mind having you as a professional looking after our property. You have always given us extraordinary professional and prompt service no matter what we asked you to do. You are highly dedicated to your job and are always highly focused on customer service’’ Nadine

“Thank you for professionalism and managing our property for us. Nothing was ever a issues and you always take the time to make sure both us and the tenants are kept up to date with everything. We cant thank you enough for your support” John & Stacey

“just wanted to say thank you for looking after my property and if anyone needs a property manager I will be recommending you for your outstanding service and professionalism. You also have a genuine passion for your job which shines through in all that you do for your clients” Linda

was and I returned as a Senior Property Manager overseeing a property management team.

I have many strengths you would come to expect from a Property Manager – organised & committed to the role, empathy to clients and dedication to the job.

I enjoy spending time with my husband and 3 children especially on the weekend at their sporting events.

I look forward to working with the team at Ray White Mittagong and being part of the Southern Highlands.

COLO VALE

HILL TOP RENTAL

VACANCIESAVG

RENT

1 $400 p/w

RENTALVACANCIES

AVG RENT

3 $420 p/w

RENTALVACANCIES

AVG RENT

1 $530 p/w

RENTALVACANCIES

AVG RENT

1 $500 p/w

RENTALVACANCIES

AVG RENT

1 $580 p/w

RENTALVACANCIES

AVG RENT

2 $615 p/w

RENTALVACANCIES

AVG RENT

17 $600 p/w

SUBURB WATCH

*MAP NOT TO SCALE

WILLOW VALE

BALACLAVA

MITTAGONG

RENWICK

WELBY

NATTAI NATIONAL PARK

MITTAGONG

COLO VALE

HILL TOP

WELBY

WILLOW VALE

MOSS VALE

BOWRAL

BURRADOO

BALACLAVA

RENWICKHUME MOTORWAY

Ray White Mittagong - 02 4872 36324a/118 Main Street, Mittagong, NSW 2575

raywhitemittagong.com.au

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