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Comparative Market Analysis 15 Frangipane Avenue Liverpool NSW 2170 Prepared on 12th April 2019 SYDNEY GROWTH PROPERTIES PTY LTD [email protected]

Comparative Market Analysis · 2019. 4. 12. · Comparable Sales Price Change - Last Listing $950,000 First Listing - 11 Woodlands Road Liverpool NSW 2170 5 3 2 797m2 196m2 Sold Price

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Page 1: Comparative Market Analysis · 2019. 4. 12. · Comparable Sales Price Change - Last Listing $950,000 First Listing - 11 Woodlands Road Liverpool NSW 2170 5 3 2 797m2 196m2 Sold Price

Comparative Market Analysis

15 Frangipane Avenue Liverpool NSW 2170

Prepared on 12th April 2019

SYDNEY GROWTH PROPERTIES PTY LTD

[email protected]

Page 2: Comparative Market Analysis · 2019. 4. 12. · Comparable Sales Price Change - Last Listing $950,000 First Listing - 11 Woodlands Road Liverpool NSW 2170 5 3 2 797m2 196m2 Sold Price

The Property

15 Frangipane Avenue Liverpool NSW 2170

37 632m2 105m24

SYDNEY GROWTH PROPERTIESSELECTED PROPERTIES FOR INVESTORS - DEVELOPERS & 1ST HOMEBUYERS

Your Property History8 Apr, 2019 - Listed for sale at AUCTION 04.05.19 AT 12PM

24 Oct, 2017 - Listed for rent at $500 / week

2 May, 2017 - Listed for sale at AUCTION ONSITE 27/05/17 AT 11:00AM

20 Apr, 2016 - Listed for sale at ATTENTION BUILDERS - BY NEGOTIATION

25 Feb, 2015 - Sold for $685,000

20 Jan, 2015 - Listed for sale at BY NEGOTIATION

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.

Page 3: Comparative Market Analysis · 2019. 4. 12. · Comparable Sales Price Change - Last Listing $950,000 First Listing - 11 Woodlands Road Liverpool NSW 2170 5 3 2 797m2 196m2 Sold Price

Comparables Map: Sales

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.

Page 4: Comparative Market Analysis · 2019. 4. 12. · Comparable Sales Price Change - Last Listing $950,000 First Listing - 11 Woodlands Road Liverpool NSW 2170 5 3 2 797m2 196m2 Sold Price

Comparable Sales

Price Change -

Last Listing -First Listing -

48 Murphy Avenue Liverpool NSW 2170

1,043m2 -3 1 2

Sold Price  $700,000

 

Sold Date 25-Jan-19 Year Built -

Distance 0.07kmDOM 16

1

Price Change 165%

Last Listing $612,000First Listing $500,000

51 Pearce Street Liverpool NSW 2170

594m2 112m23 3 1

Sold PriceRS $1,325,000

 

Sold Date 16-Feb-19 Year Built 1965

Distance 0.24kmDOM 41

2

Price Change -

Last Listing -First Listing -

20 Ferrington Crescent Liverpool NSW2170

575m2 108m23 1 2

Sold Price  $670,000

 

Sold Date 18-Feb-19 Year Built 1975

Distance 0.43kmDOM 117

3

Price Change -

Last Listing -First Listing -

24 Dale Avenue Liverpool NSW 2170

696m2 315m25 3 1

Sold Price  $1,100,000

 

Sold Date 18-Feb-19 Year Built 1965

Distance 0.61kmDOM 30

4

Price Change -

Last Listing $864,999First Listing -

71 Atkinson Street Liverpool NSW 2170

602m2 -4 3 2

Sold Price  $810,000

 

Sold Date 22-Dec-18 Year Built -

Distance 0.74kmDOM 103

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.

Page 5: Comparative Market Analysis · 2019. 4. 12. · Comparable Sales Price Change - Last Listing $950,000 First Listing - 11 Woodlands Road Liverpool NSW 2170 5 3 2 797m2 196m2 Sold Price

Comparable Sales

Price Change -7.9%

Last Listing $695,000First Listing $695,000

217 Memorial Avenue Liverpool NSW2170

708m2 -3 1 1

Sold Price  $640,000

 

Sold Date 11-Dec-18 Year Built 1950

Distance 0.77kmDOM 34

6

Price Change -

Last Listing -First Listing -

No Image Available

51A Alderson Avenue Liverpool NSW2170

420m2 239m24 2 -

Sold Price  $785,000

 

Sold Date 29-Oct-18 Year Built 2010

Distance 0.83kmDOM -

7

Price Change -11.4%

Last Listing $830,000First Listing $925,000

72 Lehmann Avenue Liverpool NSW2170

324m2 230m25 2 2

Sold Price  $820,000

 

Sold Date 22-Nov-18 Year Built 2017

Distance 1.06kmDOM 324

8

Price Change -16%

Last Listing $635,000First Listing $750,000

22 Woodlands Road Liverpool NSW 2170

841m2 -3 2 4

Sold Price  $630,000

 

Sold Date 29-Nov-18 Year Built -

Distance 1.31kmDOM 38

9

Price Change -

Last Listing -First Listing -

42 Marsden Road Liverpool NSW 2170

696m2 281m26 3 2

Sold PriceRS $1,470,000

 

Sold Date 09-Mar-19 Year Built 2018

Distance 1.34kmDOM 32

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.

Page 6: Comparative Market Analysis · 2019. 4. 12. · Comparable Sales Price Change - Last Listing $950,000 First Listing - 11 Woodlands Road Liverpool NSW 2170 5 3 2 797m2 196m2 Sold Price

Comparable Sales

Price Change -

Last Listing $950,000First Listing -

11 Woodlands Road Liverpool NSW 2170

797m2 196m25 3 2

Sold Price  $825,000

 

Sold Date 16-Oct-18 Year Built 2012

Distance 1.44kmDOM 30

11

Price Change -

Last Listing -First Listing -

39 Woodlands Road Liverpool NSW2170

696m2 95m23 1 1

Sold Price  $615,000

 

Sold Date 03-Nov-18 Year Built 1950

Distance 1.49kmDOM 21

12

= 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.

Page 7: Comparative Market Analysis · 2019. 4. 12. · Comparable Sales Price Change - Last Listing $950,000 First Listing - 11 Woodlands Road Liverpool NSW 2170 5 3 2 797m2 196m2 Sold Price

LiverpoolDemographic

Suburb Insights

27.1 kPopulation

12%5 years population

change

11.2 yearsAverage length of

ownership

HOUSEHOLD STRUCTURE HOUSEHOLD OCCUPANCY HOUSEHOLD INCOME AGE

TYPE % TYPE % TYPE % TYPE %

Childless Couples 25.1 Owns Outright 18.0 0-15.6K 6.2 0-9 15.3

Couples with Children 49.7 Purchaser 21.4 15.6-33.8K 17.4 10-19 11.1

Single Parents 22.9 Renting 55.9 33.8-52K 17.8 20-29 16.1

Other 2.3 Other 0.6 52-78K 18.7 30-39 17.4

Not Stated 4.1 78-130K 20.0 40-49 12.6

130-182K 6.4 50-59 11.1

182K+ 3.4 60-69 8.3

70-79 5.2

80-89 2.5

0.490-99

The size of Liverpool is approximately 6.4 square kilometres. It has 23 parks covering nearly 9.7% of totalarea. The population of Liverpool in 2011 was 24,094 people. By 2016 the population was 27,092 showing apopulation growth of 12.4% in the area during that time. The predominant age group in Liverpool is 30-39years. Households in Liverpool are primarily couples with children and are likely to be repaying $1800 -$2399 per month on mortgage repayments. In general, people in Liverpool work in a professional occupation.In 2011, 45.2% of the homes in Liverpool were owner-occupied compared with 39.4% in 2016. Currently themedian sales price of houses in the area is $761,000.

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.

Page 8: Comparative Market Analysis · 2019. 4. 12. · Comparable Sales Price Change - Last Listing $950,000 First Listing - 11 Woodlands Road Liverpool NSW 2170 5 3 2 797m2 196m2 Sold Price

Local Schools

SCHOOL ADDRESS DISTANCE SCHOOL TYPE GENDER SECTOR YEARS

Liverpool West Public School

79 Hoxton Park RoadLiverpool NSW 2170

0.26km Primary Mixed Government 0-6

Mainsbridge School

118 Flowerdale Road LiverpoolNSW 2170

0.36km Special Mixed Government 0-0

St Francis Xavier's CatholicPrimary School136B Reilly Street Lurnea NSW2170

1.08km Primary Mixed Non-Government 0-6

Marsden Road Public School

43 Marsden Road LiverpoolNSW 2170

1.2km Primary Mixed Government 0-6

Liverpool Public School

Railway Street Liverpool NSW2170

1.51km Primary Mixed 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.

Page 9: Comparative Market Analysis · 2019. 4. 12. · Comparable Sales Price Change - Last Listing $950,000 First Listing - 11 Woodlands Road Liverpool NSW 2170 5 3 2 797m2 196m2 Sold Price

Recent Market Trends

Sales by Price - 12 months (House)

PRICE

<$200K

$200K-$400K

$400K-$600K

$600K-$800K

$800K-$1M

$1M-$2M

>2M

NUMBER

1

1

3

34

19

6

0

PERIOD PROPERTIES SOLD MEDIAN PRICE GROWTH DAYS ON MARKET LISTINGS ASKING RENT

Dec 2018 4 $761,000 -0.1% 38 67 $450

Nov 2018 8 $762,000 -0.2% 38 75 $450

Oct 2018 7 $763,500 -1.5% 32 72 $450

Sep 2018 12 $775,000 0.6% 38 64 $450

Aug 2018 3 $770,000 -1.9% 39 68 $450

Jul 2018 10 $785,000 -0.6% 39 65 $450

Jun 2018 13 $790,000 -1.2% 34 60 $450

May 2018 21 $800,000 -1.2% 38 63 $450

Apr 2018 14 $810,000 -0.6% 31 63 $450

Mar 2018 10 $815,000 -1.8% 31 63 $450

Feb 2018 7 $830,000 1.2% 31 59 $450

Jan 2018 4 $820,000 0.9% 33 43 $450

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.

Page 10: Comparative Market Analysis · 2019. 4. 12. · Comparable Sales Price Change - Last Listing $950,000 First Listing - 11 Woodlands Road Liverpool NSW 2170 5 3 2 797m2 196m2 Sold Price

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

-

113

164

160

199

137

126

105

130

134

142

117

107

109

116

128

182

215

186

153

MEDIAN PRICE

-

$761,000

$812,500

$760,000

$735,000

$595,250

$461,750

$405,500

$405,500

$385,000

$359,500

$325,000

$330,000

$340,000

$372,750

$385,000

$370,000

$300,000

$245,000

$216,750

GROWTH

-

-6.3%

6.9%

3.4%

23.5%

28.9%

13.9%

0.0%

5.3%

7.1%

10.6%

-1.5%

-2.9%

-8.8%

-3.2%

4.1%

23.3%

22.4%

13.0%

18.9%

DAYS ON MARKET

-

38

33

63

26

35

28

46

54

35

41

47

63

44

73

40

42

-

-

-

LISTINGS

154

154

121

171

118

69

96

136

113

125

132

118

73

61

32

22

-

1

1

-

ASKING RENT

$450

$450

$450

$420

$420

$410

$400

$375

$360

$320

$280

$267

$220

$210

-

-

-

-

-

-

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.

Page 11: Comparative Market Analysis · 2019. 4. 12. · Comparable Sales Price Change - Last Listing $950,000 First Listing - 11 Woodlands Road Liverpool NSW 2170 5 3 2 797m2 196m2 Sold Price

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.

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.