Comparative Market Analysis...0.82km Secondary Mixed Government 7-12 Our Lady of Fatima Catholic Primary School 0.85km Primary Mixed Non-Government 0-6 Kingsgrove Public School 260

Comparative Market Analysis

74 Morgan Street Kingsgrove NSW 2208

Prepared on 5th March 2019

SYDNEY GROWTH PROPERTIES PTY LTD

[email protected]

The Property

74 Morgan Street Kingsgrove NSW 2208

13 1,493m2 -2

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

Your Property History1 Mar, 2019 - Listed for sale at Auction

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

Comparables Map: Sales


Comparable Sales

Price Change -

Last Listing $1,050,000First Listing -

71 Glenwall Street Kingsgrove NSW 2208

731m2 -4 2 1

Sold PriceRS $1,050,000

Sold Date 06-Feb-19 Year Built -

Distance 0.19kmDOM 128

A

Price Change -

Last Listing -First Listing -

No Image Available

LOT 1/63 Morgan Street KingsgroveNSW 2208

455m2 -- - -

Sold Price $1,050,000

Sold Date 02-Nov-18 Year Built -

Distance 0.3kmDOM -

B

Price Change -


46 Margaret Street Kingsgrove NSW2208

423m2 108m23 1 2


Sold Date 24-Nov-18 Year Built 1960


C

Price Change -


81A Morgan Street Kingsgrove NSW2208

315m2 212m25 3 2


Sold Date 29-Sep-18 Year Built 2017


D

Price Change -


36 Colwell Street Kingsgrove NSW 2208

527m2 -4 2 2




E

= Recent saleDOM = Days on market RS UN = Undisclosed Sale


Comparable Sales

Price Change -6.3%

Last Listing $850,000First Listing $900,000

307/11C Mashman Avenue KingsgroveNSW 2208

186m2 118m23 2 2

Sold Price $843,000



F

Price Change 2.7%

Last Listing $1,650,000First Listing $1,650,000

50 Kingsway Kingsgrove NSW 2208

759m2 228m25 4 2


UN

Sold Date 11-Dec-18 Year Built 2018


G

Price Change -30.1%

Last Listing $699,000First Listing $965,000

4/333-339 Stoney Creek RoadKingsgrove NSW 2208

1,170m2 96m22 1 1

Sold Price $675,000



H

Price Change -


68 Rosebank Avenue Kingsgrove NSW2208

443m2 125m24 1 1




I

Price Change -5.3%


20B Bykool Avenue Kingsgrove NSW2208

311m2 171m25 2 2


Sold Date 21-Jan-19 Year Built 2015


J



Comparable Sales

Price Change -


26 Rosebank Avenue Kingsgrove NSW2208

443m2 130m22 1 3

Sold PriceRS $810,000

Sold Date 09-Feb-19 Year Built 1980


K

Price Change -18.4%


125 Staples Street Kingsgrove NSW 2208

481m2 -2 1 1


Sold Date 27-Sep-18 Year Built -


L

Price Change -


5 Beaumont Street Kingsgrove NSW2208

363m2 185m24 3 2




M

Price Change -


13A Bobadah Street Kingsgrove NSW2208

476m2 230m25 4 2


Sold Date 02-Mar-19 Year Built 2016


N

Price Change -


30 Shackel Avenue Kingsgrove NSW2208

618m2 -5 2 2


Sold Date 22-Dec-18 Year Built -


O



Comparable Sales

Price Change -

Last Listing $869,000First Listing -

12 Kingsgrove Avenue Kingsgrove NSW2208

450m2 88m23 1 2

Sold Price $835,000

Sold Date 01-Jan-19 Year Built 1930


P

Price Change -

Last Listing $980,000First Listing -

11 Poole Street Kingsgrove NSW 2208

542m2 -3 1 2

Sold PriceRS $890,000

Sold Date 01-Feb-19 Year Built -


Q

Price Change -


48 Marcella Street Kingsgrove NSW2208

424m2 161m24 2 3




R



KingsgroveDemographic

Suburb Insights

12.4 kPopulation

8%5 years population

change

12.3 yearsAverage length of

ownership

The size of Kingsgrove is approximately 4.5 square kilometres. It has 13 parks covering nearly 3.9% of totalarea. The population of Kingsgrove in 2011 was 11,515 people. By 2016 the population was 12,433 showing apopulation growth of 8.0% in the area during that time. The predominant age group in Kingsgrove is 40-49years. Households in Kingsgrove are primarily couples with children and are likely to be repaying $1800 -$2399 per month on mortgage repayments. In general, people in Kingsgrove work in a professionaloccupation. In 2011, 73.5% of the homes in Kingsgrove were owner-occupied compared with 71.8% in 2016.Currently the median sales price of houses in the area is $1,220,000.

HOUSEHOLD STRUCTURE

TYPE %

30.3Childless Couples

Couples with Children 50.5

17.3Single Parents

2.1Other

HOUSEHOLD OCCUPANCY

TYPE %

42.4Owns Outright

Purchaser 29.4

25.0Renting

0.8Other

2.6Not Stated

HOUSEHOLD INCOME

TYPE %

5.10-15.6K

15.6-33.8K 12.4

12.533.8-52K

13.452-78K

20.978-130K

13.0130-182K

182K+ 12.5

AGE

TYPE %

12.40-9

10-19 12.1

11.920-29

13.430-39

14.140-49

12.350-59

60-69 10.6

70-79 7.3

80-89

90-99

4.9

1.0


Local Schools

SCHOOL ADDRESS DISTANCE SCHOOL TYPE GENDER SECTOR YEARS

Arkana College

346 Stoney Creek RoadKingsgrove NSW 2208

0.69km Primary Mixed Non-Government 0-6

St Ursula's College 0.82km Secondary Female Non-Government 7-12

Kingsgrove High School

333 Kingsgrove RoadKingsgrove NSW 2208

0.82km Secondary Mixed Government 7-12

Our Lady of Fatima CatholicPrimary School

0.85km Primary Mixed Non-Government 0-6

Kingsgrove Public School

260 Stoney Creek RoadKingsgrove NSW 2208

1.05km Primary Mixed Government 0-6

Property is within school catchment area Property is outside school catchment area


Recent Market Trends

PERIOD

Nov 2018

Oct 2018

Sep 2018

Aug 2018

Jul 2018

Jun 2018

May 2018

Apr 2018

Mar 2018

Feb 2018

Jan 2018

Dec 2017

PROPERTIES SOLD

16

17

20

21

11

16

24

21

23

7

8

11

MEDIAN PRICE

$1,220,000

$1,242,500

$1,247,500

$1,280,000

$1,300,000

$1,305,000

$1,320,000

$1,320,000

$1,336,000

$1,350,000

$1,350,000

$1,350,000

GROWTH

-1.8%

-0.4%

-2.5%

-1.5%

-0.4%

-1.1%

0.0%

-1.2%

-1.0%

0.0%

0.0%

0.0%

DAYS ON MARKET

29

29

27

29

31

31

31

49

50

113

113

113

LISTINGS

41

37

40

42

35

27

39

35

37

30

17

20

ASKING RENT

$660

$680

$680

$685

$680

$690

$680

$680

$680

$670

$657

$650

Sales by Price - 12 months (House)

PRICE

<$200K

200K-400K

400K-600K

$600K-$800K

$800K-$1M

$1M-$2M

>$2M

NUMBER

1

0

0

6

11

76

3


Long Term Market Trends

PERIOD

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

PROPERTIES SOLD

205

199

147

160

123

132

130

133

149

136

126

131

102

110

136

151

176

130

149

144

MEDIAN PRICE

$1,336,000

$1,230,000

$1,218,000

$1,031,500

$810,000

$750,000

$700,000

$715,000

$620,000

$567,500

$555,000

$542,000

$550,000

$560,000

$593,500

$520,000

$420,000

$360,000

$350,000

$320,500

GROWTH

8.6%

1.0%

18.1%

27.3%

8.0%

7.1%

-2.1%

15.3%

9.3%

2.3%

2.4%

-1.5%

-1.8%

-5.6%

14.1%

23.8%

16.7%

2.9%

9.2%

11.7%

DAYS ON MARKET

29

92

74

25

35

37

59

44

26

34

38

79

56

117

51

26

38

31

-

-

LISTINGS

127

114

103

107

89

115

104

94

106

111

109

106

85

77

65

15

14

2

-

1

ASKING RENT

$680

$650

$630

$590

$560

$550

$530

$520

$480

$450

$430

$360

$350

$325

-

-

-

-

-

-


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.


Comparative Market Analysis...0.82km Secondary Mixed Government 7-12 Our Lady of Fatima Catholic Primary School 0.85km Primary Mixed Non-Government 0-6 Kingsgrove Public School 260

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