Purchased – 11 Panorama Ave Woolooware

Buyers Agent Sydney

Purchased – 11 Panorama Ave Woolooware

 

Client Brief: Purchase a freestanding house, close to transport, good schools and the beach that would achieve good capital growth over the next 5-10 years.

 

Result: After providing his client with an accurate price analysis prior to the auction and setting a reasonable purchase price, Rodney McLoughlin from TBAS® Buyers Agents secured the property at auction, despite fierce bidding from developers and the local church.

 

Price: $1,555,000

 

Realestate.com.au: https://www.realestate.com.au/property-house-nsw-woolooware-132424462

 

Testimonial: I would not have secured this property without Rodney. His ability to navigate the ‘game of an auction’ was clear. He had my best interests front of mind. Samantha Madsen

 

Need Help Purchasing a Property?

Contact Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live0418 474 304

www.tbas.live

Purchased – 9/93 Avenue Rd Mosman

Buyers Agent Mosman

Purchased – 9/93 Avenue Rd Mosman

 

Client Brief: Purchase a 2 bedroom apartment in Mosman within walking distance to Mosman village, plenty of natural light and close to transport under $1,000,000

 

Result: After providing his client with a accurate price analysis prior to the auction and setting a reasonable purchase price, Rodney McLoughlin from TBAS® Buyers Agents secured the property at auction, below reserve and well within his clients budget.

 

Price: $935,000

 

Realestate.com.au: https://www.realestate.com.au/sold/property-apartment-nsw-mosman-132398822

 

Testimonial: I engaged Rodney to assist me in the purchase of a property in Mosman recently. I found him a delight to deal with. He was always available to answer questions and his expert advice was extremely helpful. On the day of the auction, he was the voice of calm and reason and managed to secure the property for me for a great price. I would have no hesitation in recommending his services. Sally Roberts

 

Need Help Purchasing a Property?

Contact Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live0418 474 304

www.tbas.live

Purchased – 2/72 Bellevue Rd Bellevue Hill

Buyers Agent Bellevue Hill

Purchased – 2/72 Bellevue Rd Bellevue Hill

 

Client Brief: Purchase a large high end apartment in Bellevue Hill within walking distance to the local shops.  The apartment must be at least 200m2 internal and have ample living areas, kitchen & outdoor space.

 

Result: After a lengthy search due to the limited supply of large high end apartments in Bellevue Hill, Rodney McLoughlin from TBAS® Buyers Agents secured a stunning apartment on Bellevue Rd that exceed his clients expectations and well within their budget.

 

Price: Withheld

 

Realestate.com.au: https://www.realestate.com.au/sold/property-apartment-nsw-bellevue+hill-132388594

 

 

Need Help Purchasing a Property?

Contact Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live0418 474 304

www.tbas.live

Property Review 2 Drumalbyn Rd Bellevue Hill

Buyers Agent Eastern Suburbs

Property Review - 2 Drumalbyn Rd Bellevue Hill - SOLD $8,500,000 - 5.12.19

Property Review 2 Drumalbyn Rd Bellevue Hill

Date: 15.11.19

House - Beds: 7 - Bathrooms: 4 - Parking: 2 - Land size: 632m2 (approx)

Aspect: North backyard

Days of market: 9 days

Agents Price guide: $7,500,000

Price per square meter: $11,867

Last Sold: 30 Jun 1986 $785,000

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bellevue+hill-132396522

 

CoreLogic Automated Valuation Estimate

 

Comments: 

Location: 5 km to Sydney CBD

Land: Mainly level, but falls away at the rear

Views:  No

Interior:  Average

Exterior: Average

Price: Reasonable

General: The property is located in one of the premier pockets of Bellevue Hill, within very close proximity to The Scots College.

There are no views, however the backyard faces north with an in-ground pool,  which is very private. The internal floor space is extensive and would be ideal for a growing family. 

The house is more than liveable, but could do with a cosmetic makeover, internally & externally.

 

Further details contact

Need a Property Review on a particular property?

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

Property Review - Buyers Agent Sydney

 

Subscribe to TBAS® Auction Reports

Purchased – 7 Suffolk Close St Ives

Buyers Agent Sydney

Purchased – 7 Suffolk Close St Ives

 

Client Brief: Purchase a house suitable for a young growing family on a large level block in a quiet street.

 

Result: We provided our clients with a price analysis prior to the auction and set a reasonable purchase price, enabling Rodney McLoughlin from TBAS® Buyers Agents to secured the large land holding in St Ives on behalf of his clients well within their budget, during a competitive on-site auction against four active bidders.

 

Price: Withheld

 

Realestate.com.au: https://www.realestate.com.au/sold/property-house-nsw-st+ives-132064458

 

 

Need Help Purchasing a Property?

Contact Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live0418 474 304

www.tbas.live

Property Review 65 Latimer Rd Bellevue Hill

Buyers Agent Eastern Suburbs

Property Review - 65 Latimer Rd Bellevue Hill - SOLD Circa $5,000,000 - 21.11.19

Property Review 65 Latimer Rd Bellevue Hill

Date: 25.10.19

House - Beds: 8 - Bathrooms: 4 - Parking: 4 - Land size: 1004m2 (approx)

Aspect: East facing

Days of market: 8 days

Agents Price guide: $4,900,000

Price per square meter: $4,880

Last Sold: Same family for 50 years

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bellevue+hill-132252194

 

CoreLogic Automated Valuation Estimate

 

Comments: 

Location: 5 km to Sydney CBD

Land: Mainly level, but falls away at the rear

Views:  Sydney Harbour glimpses 

Interior:  Needs renovating

Exterior: Needs renovating

Price: Good

General: The large reasonably level block of land well located in Bellevue Hill is competitively priced at approximately $5,000 per square meter.

The development options include, renovating the house and keeping it as 2 separate residences, renovating and converting the property into a large family home, or demolishing the house and building new home or dual occupancy (STCA).

 

Further details contact

Need a Property Review on a particular property?

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

Property Review - Buyers Agent Sydney

 

Subscribe to TBAS® Auction Reports

Property Review 111 Victoria Rd Bellevue Hill

Buyers Agent Eastern Suburbs

Property Review - 111 Victoria Rd Bellevue Hill - Sold $10,100,000 - 26 Oct 2019

Property Review 111 Victoria Rd Bellevue Hill

Date: 24.10.19

House - Beds: 7 - Bathrooms: 4 - Parking: 3 - Land size: 965m2 (approx)

Aspect: North East rear

Days of market: 28 days

Agents Price guide: $8,000,000

Price per square meter: $8,290

Last Sold: 5 Dec 1983 $770,000

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bellevue+hill-132068414

 

CoreLogic Automated Valuation Estimate

 

Comments: 

Location: 5 km to Sydney CBD

Land: Low side of road

Views:  Sydney Harbour & Ocean views

Interior:  Needs renovating

Exterior: Needs renovating

Price: Reasonable

General: Large parcel of land in a dress circle location of Bellevue Hill. 

The house is divide into 2 separate residences, top and bottom, with an in-ground pool in the backyard, talking up most of the yard.

A cost effective option would be to retain the original house and covert the property into a grand home, alternatively demolish the existing residence (STCA), re-position the house & pool and capitalise on the location & views with a high and trophy home.

 

Further details contact

Need a Property Review on a particular property?

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

Property Review - Buyers Agent Sydney

 

Subscribe to TBAS® Auction Reports

Property Review 95 Balfour Rd Bellevue Hill

Buyers Agent Eastern Suburbs

Property Review -95 Balfour Rd Bellevue Hill

Property Review 95 Balfour Rd Bellevue Hill

Date: 17.10.19

House - Beds: 5 - Bathrooms: 4 - Parking: 2 - Land size: 677m2 (approx)

Aspect: East rear

Days of market: 4 days

Agents Price guide: $7,800,000

Price per square meter: $11,521

Last Sold: 3 Oct 2008 $3,960,000

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bellevue+hill-132182890

 

CoreLogic Automated Valuation Estimate

Note: The CoreLogic Valuation Estimate is not accurate and has not taken into consideration certain aspects of the property. For further information please contact TBAS® Buyers Agents.

 

Comments: 

Location: 5 km to Sydney CBD

Land: High side of road

Views:   Harbour views

Interior: Excellent

Exterior: Excellent

Price: Reasonable

General: Well constructed contemporary family home with Harbour views.

Access to the house from Balfour Rd is a little steep and is ideal for a younger family. The property has rear lane access and parking for 1 car at the rear. There is possibly room to add another garage at the rear STCA, which is the desired route to access the house.

The third bedroom upstairs is a little small and would make an ideal study.

The house is well worth an inspection.

 

Further details contact

Need a Property Review on a particular property?

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

Property Review - Buyers Agent Sydney

 

Subscribe to TBAS® Auction Reports

Property Review 105 Victoria Rd Bellevue Hill

Buyers Agent Eastern Suburbs

Property Review - 105 Victoria Rd Bellevue Hill - Sold Circa $9,200,000 - 4 Nov 2019

Property Review 105 Victoria Rd Bellevue Hill

Date: 17.10.19

House - Beds: 5 - Bathrooms: 4 - Parking: 4 - Land size: 728m2 (approx)

Aspect: North East rear

Days of market: 8 days

Agents Price guide: $7,500,000

Price per square meter: $10,302

Last Sold: Not available

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bellevue+hill-132168270

 

CoreLogic Automated Valuation Estimate

 

Comments: 

Location: 5 km to Sydney CBD

Land: Low side of road

Views:  Stunning Sydney Harbour & Ocean views

Interior:  Needs renovating

Exterior: Needs renovating

Price: Reasonable

General: One of Bellevue Hill's premier locations with stunning views.

The house is very liveable as if, but needs extensive renovations to capitalise of the blue ribbon address.

If you were to demolish the property and build a resort style property, if would be extremely difficult to over capitalise in this dress circle location.

 

Further details contact

Need a Property Review on a particular property?

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

Property Review - Buyers Agent Sydney

 

Subscribe to TBAS® Auction Reports

Property Review 165 O’Sullivan Rd Bellevue Hill

Buyers Agent Eastern Suburbs

Property Review - 165 O'Sullivan Rd Bellevue Hill - SOLD $4,000,000  - 8 Nov 2019

Property Review 165 O'Sullivan Rd Bellevue Hill

Date: 16.10.19

House - Beds: 2 - Bathrooms: 1 - Parking: 1 - Land size: 553m2 (approx)

Aspect: North East facing

Days of market: 17 days

Agents Price guide: $3,000,000

Price per square meter: $5,424

Last Sold: Not available

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bellevue+hill-132080318

 

CoreLogic Automated Valuation Estimate

 

 

Comments: 

Location: 2 km to Bondi Beach

Land: Level block, with a slight rise

Views:  No 

Interior:  Poor

Exterior: Poor

Price: Very Reasonable

General: 

Fantastic opportunity to purchase an entry level property in Bellevue Hill for around for early $3's.

The house does need extensive renovating or demolition and only the brave would live in the property prior to necessary renovations or council approvals.

181 O'Sullivan sold 12 months ago for $6,625,000 or $9,505 per square meter.

 

Further details contact

Need a Property Review on a particular property?

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

Property Review - Buyers Agent Sydney

 

Subscribe to TBAS® Auction Reports

Purchased Off Market – 17 Ryrie Ave Forestville

Buyers Agent Sydney

Purchased Off Market – 17 Ryrie Ave Forestville

 

Client Brief: Purchase a property in the Forestville area with future growth potential on a large block to build a granny flat under $1,700,000

 

Result: With the real estate market in Sydney rising approximately 4% over the last two months and a chronic shortage of stock, finding properties that tick all the boxers below market value has become challenging to say the least.

After a gruelling search for several months we manged to secure a property off market that ticked most of our clients boxers below their price expectations, beating several other buyers to the contract exchange.

 

Price: Withheld

 

Testimonial: We initially contacted Rodney to bid on our behalf at an auction we couldn’t attend and later upgraded to his advice & negotiation service. He came to our first meeting (on a Sunday!) having done his research on the property and area we were interested in buying. We’ve been really happy with the support, the practical advice and the level of service that Rodney has given us during our search for a property. He’s also incredibly responsive – I don’t think any of my calls went to voicemail once. I couldn’t recommend Rodney’s services enough!

 

 

Need Help Purchasing a Property?

Contact Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live0418 474 304

www.tbas.live

Purchased – 35 Rushton Dr Kanahooka

Buyers Agent Sydney

Purchased – 35 Rushton Dr Kanahooka

 

Client Brief: Purchase a waterfront reserve property suitable for a family of 5 south of Sydney for under $1,000,000

 

Result: After analysing 35 Rushton Dr Kanahooka and establishing a reasonable  purchase price, Rodney McLoughlin from TBAS® Buyers Agents secured the prime waterfront reserve property on behalf of his clients under their budget, during a competitive on-site auction with spirited bidding.

 

Price: $900,000

 

Testimonial: My husband and I were visiting our son and his wife and family in Wollongong and went to an Open Inspection with them. They had been looking for nearly 8 months – most homes on the market either did not suit their needs or were not up to scratch or they missed out, at auction. Finally, this home, we all agreed, at first sight, was THE ONE. It was a waterfront dream home.

The day before the auction we googled on how to bid at an auction. To our great fortune we stumbled upon the Buyer’s Agency and read about Rodney and his services. Since we were so nervous and stressed about the auction, and did not want to miss out, we thought we could do with some professional help. So we rang Rodney , who sounded so courteous, calm, quietly confident and reassuring. His fees were reasonable too. And he was willing to drive down from Sydney to Wollongong at such short notice. Rodney gave us realistic feedback and pricing on the property and his strategy on the day. There were 5 bidders, all very spirited and competitive. It was a very nail biting experience but Rodney remained calm throughout and got it for us!!!!

Rodney you were spot on about the property. There is no doubt this would not have happened if not for you. Thank you so much. We would highly recommend you to anyone wishing to buy a property. We all are still so excited about this dream home. Thank you.
Vilma and Frank

 

Need Help Purchasing a Property?

Contact Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live0418 474 304

www.tbas.live

Purchased – 15B Yaralla Crs Thornleigh

Buyers Agent Sydney

Purchased – 15B Yaralla Crs Thornleigh

 

Client Brief: Purchase a property in the Thornleigh area, in a quiet street that is low maintenance and doesn’t requiring any renovations.

Result: After finding a suitable property, we strategically bought the property at auction, below the reserve price.

Price: $1,425,000

 

Testimonial

“Rodney helped us to secure a property in Sydney yesterday during an auction. He was professional and a pleasure to deal with throughout the whole process. If you are thinking of bidding at an auction I would highly recommend that you have Rodney to help you.”

 

Need Help Purchasing a Property?

Contact Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live0418 474 304

www.tbas.live

Property Review 31 Roe St North Bondi

Buyers Agent Eastern Suburbs

Property Review - 31 Roe St North Bondi

Property Review 31 Roe St North Bondi

Date: 25.09.19

House - Beds: 4 - Bathrooms: 3 - Parking: 4 - Land size: 435m2 (approx)

Aspect: North facing

Days of market: 29 days

Agents Price guide: $3,850,000

Price per square meter: $8,850

Last Sold: 23 Oct 1997 $760,000

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-north+bondi-131803262

 

CoreLogic Automated Valuation Estimate

 

Comments: 

Location: 2km to Bondi Beach

Land: Level block

Views:  No 

Interior:  Good

Exterior: Good

Price: Reasonable

General: 

The property is in a good street, surrounded by reasonably good quality properties and short distance to Bondi Beach & Bondi Junction.

The property ticks most boxers for a young family, including the in-ground pool.

 

Further details contact

Need a Property Review on a particular property?

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

Property Review - Buyers Agent Sydney

 

Subscribe to TBAS® Auction Reports

Property Review 94 Beresford Rd Bellevue Hill

Buyers Agent Eastern Suburbs

Property Review - 94 Beresford Rd Bellevue Hill -SOLD $3,900,000 - 17 Oct 2019

Property Review 94 Beresford Rd Bellevue Hill

Date: 25.09.19

House - Beds: 4 - Bathrooms: 3 - Parking: 3 - Land size: 620m2 (approx)

Aspect: North East facing

Days of market: 14 days

Agents Price guide: $3,200,000

Price per square meter: $5,161

Last Sold: Not available

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bellevue+hill-131961514

 

CoreLogic Automated Valuation Estimate

Note: The CoreLogic Valuation Estimate is not accurate and has not taken into consideration certain aspects of the property. For further information please contact TBAS® Buyers Agents.

 

Comments: 

Location: 2.5km to Double Bay shops

Land: High side of road, battle-axe block

Views:  No 

Interior:  Poor

Exterior: Poor

Price: Reasonable

General: 

The property is in extremely poor condition and is located on a battle-axe block. Furthermore, there is a covenant in place preventing another level, which restricts development opportunities.

However, per square meter this is probably the cheapest free-standing property in Bellevue Hill, at $5,161, but it comes with warts and all...

Having said that, it does provide a good opportunity to break into the Bellevue Hill Real Estate market.

 

Further details contact

Need a Property Review on a particular property?

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

Property Review - Buyers Agent Sydney

 

Subscribe to TBAS® Auction Reports

Property Review 83 Balfour Rd Bellevue Hill

Buyers Agent Eastern Suburbs

Property Review - 83 Balfour Rd Bellevue Hill - SOLD Circa $7,750,000 - 23.9.19

Property Review 83 Balfour Rd Bellevue Hill

Date: 5.09.19

House - Beds: 6 - Bathrooms: 3 - Parking: 2 - Land size: 892m2 (approx)

Aspect: East backyard

Days of market: 23 days

Agents Price guide: Early to mid $7,000,000

Price per square meter: $8,127

Last Sold: 30 Oct 2006 $473,000

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bellevue+hill-131768002

Property Report by CoreLogic: 83 Balfour Rd Bellevue Hill

NOTE: The RP Data Property Report price guide produced by CoreLogic is not accurate. Contact Rodney McLoughlin for an accurate price range.

 

Comments:

Location: 3km to Bondi Beach

Land: Level land

Views:  No

Interior:  Above average

Exterior: Above average 

Price: Reasonable

General:  Generous level block of land with pool that gets plenty of sun.

The majority of the house in located on the ground floor and the upstairs bedroom would suit a teenager of Au Pair.

The property was renovated approximately 7 years ago.

 

Further details contact

Need a Property Review on a particular property?

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

Property Review - Buyers Agent Sydney

 

Subscribe to TBAS® Auction Reports

Property Review 19A Arthur St Bellevue Hill

Buyers Agent Eastern Suburbs

Property Review - 19A Arthur St Bellevue Hill

Property Review 19A Arthur St Bellevue Hill

Date: 22.08.19

House - Beds: 4 - Bathrooms: 2 - Parking: 2 - Land size: 949m2 (approx)

Aspect: North West facing

Days of market: 8 days

Agents Price guide: $6,000,000

Price per square meter: $6,322

Last Sold: 8 Feb 1991 $830,000

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bellevue+hill-131751202

Property Report by CoreLogic: 19A Arthur St Bellevue Hill

 

Comments:

Location: 900 meters to Double Bay shops

Land: High side of road

Views:  City skyline

Interior:  Above average

Exterior: Above average 

Price: Upper end of value

General:  Large land parcel with city skyline views. The house is set back from the road, with most of the open space located at the front of the property. 

The house would suit a younger family, due to the stairs and no internal access or lift for the garage.

There is certainly scope to add value by improving the access and adding another level STCA if you can by the property at a reasonable price.

 

Further details contact

Need a Property Review on a particular property?

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

Property Review - Buyers Agent Sydney

 

Subscribe to TBAS® Auction Reports

5 Tips for Auction Success

Auction Bidding Service

5 Tips for Auction Success

How to win at Auction

Worried about bidding at a property auction? You’re not alone. Auctions can be extremely daunting if you don't know what you're doing or have arrived unprepared.

Auction Bidding Service

There are many auction strategies you can employ – from starting low and keeping on bidding to placing your best and final bid first. Here are five expert tips, from our years of experience attending thousands of auctions, to help you buy the property of your dreams.

 

 

Tip 1: Know the real price guide  

Something many buyers don’t realise is that the reserve price can be whatever the vendor decides on the morning of the auction, regardless of the price range supplied by the property’s real estate agents. Moreover, agents often underquote the indicative price range (then increase it gradually through the auction campaign) to get more prospective buyers through the door and create a greater illusion of competition. Don’t waste precious time and money on building and pest inspections, strata searches and contract reviews if a property isn’t actually in your price range. By doing thorough market research in advance you can also avoid bidding over and above what you should. In the weeks leading up to the auction be sure to find out everything you can about the values of similar property types in that location and set a bidding limit that is realistic and in line with current market values.

 

Tip 2: Get the inside scoop 

The key to not overpaying is being certain of the likely selling price going in. TBAS® Buyers Agents have analysed the data from thousands of auctions to establish reliable probable selling prices. We know the average number of bids, average number of bidders and, most importantly, the percentage over the agent’s price guide properties sell for and so we can make sure you have the information you need going in. 

 

Tip 3: Do your due diligence

While it can seem like a waste of money to pay for building and pest inspections if you don’t end up buying a property this is not the place to cut corners. Given the major investment your property will represent, such costs are a drop in the bucket that can save you from financial ruin if it turns out that the property has a major flaw. Make sure that your inspection is done by a reliable building inspector with good credentials and reviews and that their report covers pests, water damage, foundations and electrical work. If buying a unit, obtaining a strata report is essential. Your solicitor or conveyancer should also make enquiries to find out if there are any submitted or approved development applications in the area or any major infrastructure developments in the works. Your research should extend to checking out the area’s history, doing a walk through at different times of day and night to check things such as noise levels, and talking to the neighbours.

 

Tip 4: Take emotion out of the equation

 Let’s face it - emotion and drama is what makes an auction so entertaining. But the single biggest reason most people overpay at auction is emotion. Frequently, they’ve gotten their heart set on their “dream home” and logic flies out of the window in the heat of the moment when they fear losing it. Real estate agents know how to play on these emotions and get people bidding. A good buyer’s agent will insulate you from high pressure selling agents. They will be able to provide detailed information and data to support the potential sale price and will ensure you stick to your budget and not pay over the odds. Auctions are extremely stressful and emotional, so it’s important to have someone representing you who is not emotionally attached to the property.

 

Tip 5: Get expert representation  

If you are planning on buying at auction, you should have a professional representing you on the day. Remember that the vendors have a selling agent representing their best interests and advising them every step of the way. If you don’t, you’re not on a level playing field. A professional buyer’s agent will prepare and execute a bidding strategy that's tailored for the property you are buying and have the experience to alter the strategy if required. If the property is passed in, they will be instrumental in the negotiations post auction.

 

An expert buyer’s agent can guide you through the auction process with ease. Contact us for your road map to auction success.


Buyer Agent Eastern SuburbsPurchase of the Week

19 Anglesea St Bondi - $3,800,000 - Read Report

 

 

Recent Media for TBAS®Buyers Agent Sydney

Daily Telegraph: The ScoMo Effect: Driving the Housing Bounce

Financial Review - Buyers Starved of Property are Pushing Prices Higher

The Real Estate ConversationThe Rise & Rise of the Buyer's Agent

 

 

Need Help Buying Property?

Contact Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304


 

 

Subscribe to TBAS® Auction Reports

Property Review 28 Sir Thomas Mitchell Rd Bondi Beach

Buyers Agent Eastern Suburbs

Property Review - 28 Sir Thomas Mitchell Rd Bondi Beach - SOLD $4,890,000 - 13 Sep 2019

Property Review 28 Sir Thomas Mitchell Rd Bondi Beach

Date: 19.08.19

Guest House - Beds: 9 - Bathrooms: 7 - Parking: 2 - Land size: 366m2 (approx)

Aspect: North East facing

Days of market: 4 days

Agents Price guide: $5,000,000

Price per square meter: $13,661

Last Sold: 11 Apr 1994 $620,000

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bondi+beach-131773830

Property Report by CoreLogic: 28 Sir Thomas Mitchell Rd Bondi Beach

 

Comments:

Location: 200 meters to Bondi Beach

Land: High side of road

Views:  No 

Interior:  Average

Exterior: Average 

Price: Reasonable

General:  The property is  operated as a guest house accommodating up to 22 people. Located in a fantastic location near Bondi Beach for guest. The rooms are in a satisfactory condition.

The agents price guide of $5,000,000 and current income would indicate a return of 1.6% to 2% depending on cost cutting expenses.

Due to the condition of the property, there is certainly room to add value.

 

Further details contact

Need a Property Review on a particular property?

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

Property Review - Buyers Agent Sydney

 

Subscribe to TBAS® Auction Reports

Purchased – 70 Coonong Rd Gymea Bay

Buyers Agent Sydney

Purchased – 70 Coonong Rd Gymea Bay

 

Client Brief: Purchase a property in the Gymea Bay area, within the local school catchment area, on a large level block to build a second home at the rear of the property. 

Result: After finding a suitable property, we strategically bought the property at auction, competing against 3 other registered bidders, well below our clients budget.

Price: Withheld

 

Testimonial 

“I used Rodney’s auction bidding service to successfully secure my home! Rodney is professional, responsible and very helpful during the whole process. I am so glad that I have Rodney to be with me in the auction. I will recommend Rodney to all my friends who would like to secure a property in an auction!”

 

Need Help Purchasing a Property?

Contact Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live0418 474 304

www.tbas.live

Purchased – 210/2 Malthouse Way Summer Hill

Buyers Agent Sydney

Purchased – 210/2 Malthouse Way Summer Hill

 

Client Brief: Our client, who was a First Home Buyer was looking for a large new or near new apartment approximately 80-100 square meters, close to public transport for an easy commute from the inner west to the CBD, with a budget of $860,000

Result: After searching for six months and missing out on properties they thought were in their price range at auction, they engaged our services.  TBAS® Buyers Agents were able to secure exactly what they were looking for within four weeks. Great result for our client.

Price: $860,000

 

Testimonial

“Rodney was amazing to work with, start to finish. Auctions, finance, negotiations. I unfortunately hit a hurdle, my finance fell through (I had pre-approval, nothing to do with credit but location risk), every first home buyers nightmare. Rodney stepped in and made what would normally be a (an incredibly) stressful situation a normal every day hurdle. He went over and above and made the process streamlined. Hands down one of the best investments I have ever made- other than my dream home that he helped me secure.”

 

Need Help Purchasing a Property?

Contact Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live0418 474 304

www.tbas.live

Purchased – 19 Anglesea St Bondi

Buyers Agent Eastern Suburbs

Purchased – 19 Anglesea St Bondi

 

Client Brief: Our clients were looking for a large renovated 4 bedroom free-standing house with internal double parking, pool or room for a pool, within a short drive to Scots College & Ascham school under $4,000,000

 

Result: With limited stock available for free standing houses close to Scots college under $4,000,000, the brief was always going to be challenging. However after a 4 week search we were able to secure 19 Anglesea St Bondi prior to auction after 2 weeks on the market well below our clients budget.

 

Price: $3,850,000

 

Testimonial: I would strongly recommend using TBAS. As a first time buyers in a new country Rodney’s insights into the local Eastern Suburbs housing market were invaluable. We needed to understand the local price point and amount of stock for 4 to 5 bedroom houses coming onto the market in close proximity to our children’s schools. Rodney went above and beyond. He showed us in excess of 20 properties at varying prices over the next several months before we were even ready to buy, not to mention being available for phone calls day and night. We were ready to buy from the beginning of July. Rodney had found, successfully offered and secured our new house by the beginning of August. The house was completely on brief as well (a detached 5 bed room house, in close proximity to our children’s schools with a large garden and enough room to include a pool at some stage). This was all well within our budget.

 

Need Help Purchasing a Property?

Contact Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live0418 474 304

www.tbas.live

Property Review 310 Bondi Rd Bondi

Buyers Agent Eastern Suburbs

Property Review - 310 Bondi Rd Bondi - 

SOLD 16.8.19 Circa $4.3m

Property Review 310 Bondi Rd Bondi

Date: 24.07.19

House/Development site - Beds: 4 - Bathrooms: 2 - Parking: 2 - Land size: 694m2 (approx)

Aspect: North East backyard

Days of market: 31 days

Agents Price guide: $4,200,000

Price per square meter: $6,051

Last Sold: Same family for 115 years

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bondi-131430082

Property Report by CoreLogic: 310 Bondi Rd Bondi

NOTE: The RP Data Property Report price guide produced by CoreLogic is not accurate. Contact Rodney McLoughlin for an accurate price range.

 

Comments:

Location: 500 meters to Bondi Beach

Land: Level, with a slight fall at the rear

Views:  Potential ocean views 

Interior:  Old

Exterior: Average 

Price: Reasonable

General:  Fantastic location within walking distance to Bondi Beach. Despite the R3 zoning the house is subject to a Heritage order restricting development. It has the potential to add units to the rear of the block, retaining the front section of the house, subject to a Heritage Impact Statement.

The height limit is 12.5m and 0.9:1 FSR. Consultants would need to be engaged to determine the number of units & size permissible on the site.

The agents price guide has been reduce from $5m to $4.2m due to the Heritage order, which should attract good interest.

 

Further details contact

Need a Property Review on a particular property?

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

Property Review - Buyers Agent Sydney

 

Subscribe to TBAS® Auction Reports

Property Review 57 Bundarra Rd Bellevue Hill

Buyers Agent Bellevue Hill

Property Review - 57 Bundarra Rd Bellevue Hill -SOLD -$6.5m - 15 Aug 2019

Property Review 57 Bundarra Rd Bellevue Hill

Date: 17.07.19

House - Beds: 5 - Bathrooms: 4 - Parking: 2 - Land size: 1081m2 (approx)

Aspect: North backyard

Days of market: 1 day

Agents Price guide: $6,500,000

Price per square meter: $6,012

Last Sold: 26 Sep 2014 $5,210,000

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bellevue+hill-131565034

Property Report by CoreLogic: 57 Bundarra Rd Bellevue Hill

 

Comments:

Location: 5 minute drive to Bondi Junction

Land: Low side of the road. 

Views:  Harbour glimpses 

Interior:  Average

Exterior: Renovated 

Price: Reasonable

General:  Fantastic location within walking distance to private schools. The house sits below the road, however once inside the house has a lot to offer, including the tennis court & pool. The garages are on the small side and there is no internal access. 

 

Further details contact

Need a Property Review on a particular property?

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

Property Review - Buyers Agent Sydney

 

Subscribe to TBAS® Auction Reports

Property Review 26 Arthur St Bellevue Hill

26 Arthur St Bellevue Hill

Property Review - 26 Arthur St Bellevue Hill - SOLD 18.7.19 $3,480,000

Property Review 26 Arthur St Bellevue Hill

Date: 11.07.19

House - Beds: 3 - Bathrooms: 1.5 - Parking: 1 - Land size: 348m2 (approx)

Aspect: West backyard

Days of market: 25 days

Agents Price guide: $2,900,000

Price per square meter: $8,333

Last Sold: 12 Mar 2016 $2,875,000

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bellevue+hill-131390130

Property Report by CoreLogic: 26 Arthur St Bellevue Hill

 

Comments:

Location: 10 minute walk to Double Bay shops

Land: Low side of the road. Slight fall

Views: Sydney skyline & possible harbour bridge views from new second level

Interior:  Old

Exterior: Old 

Price: Very reasonable

General:  The property is perfectly liveable as is or you can take advantage of the DA approved rebuild. Great location within walking distance to Double Bay.

Would be a good home or development opportunity

 

Further details contact

Need a Property Review on a particular property?

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

Property Review - Buyers Agent Sydney

 

Subscribe to TBAS® Auction Reports

Property Review 181 Military Rd Dover Heights

Buyers Agent Eastern Suburbs - Rodney McLoughlin - TBAS® Buyers Agents-

Property Review - 181 Military Rd Dover Heights

Property Review 181 Military Rd Dover Heights

Date: 13.06.19

House - Beds: 4 - Bathrooms: 2 - Parking: 2- Land size: 455m2 (approx)

Aspect: West facing

Days of market: 17 days

Agents Price guide: $3,500,000

Price per square meter: $7,692

Last Sold: 21 Feb 2014 $1,925,000

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-dover+heights-131271678

Property Report by CoreLogic: 181 Military Rd Dover Heights

 

Comments:

Location: 3 minute drive to Bondi Beach

Land: Level

Views: Sydney Harbour & Opera House from proposed second level

Interior:  Old

Exterior: Old 

Price: Reasonable

General:  This could be a great development if purchased at the right price. The DA approved plans are what you would expect from a location like this with stunning views of the harbour.

The property was listed for sale late last year and failed to sell, however the vendors are more realistic I've been told.

 

Further details contact

Need a Property Review on a particular property?

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

Property Review - Buyers Agent Sydney

 

Subscribe to TBAS® Auction Reports

Property Review P1/14 Leura Rd Double Bay

Buyers Agent Double Bay

Property Review - P1/14 Leura Rd Double Bay - SOLD $2.350m

Property Review P1/14 Leura Rd Double Bay

Date: 5.06.19

Penthouse - Beds: 2 - Bathrooms: 2 - Parking: 1- Unit size: 140m2 (approx)

Aspect: West facing

Days of market: 6 days

Agents Price guide: $2,000,000

Price per square meter: $14,285

Last Sold: 1 July 1997 $97,016

realestate.com.au url: https://www.realestate.com.au/property-apartment-nsw-double+bay-131298070

Property Report by CoreLogic: P1/14 Leura Rd Double Bay

NOTE: The RP Data Property Report price guide produced by CoreLogic is not accurate. Contact Rodney McLoughlin for an accurate price range.

Comments:

Location: 3 minute walk to Double Bay shops

Land: Lift access to top floor

Views: District & Bondi Junction skyline 

Interior:  Renovated

Exterior: Average 

Price: Reasonable

General:  The penthouse apartment as been recently renovated to a high standard. The bathrooms & kitchen will not disappoint. Fantastic location within walking distance to Double Bay shops. The outside the the building & foyer are due for a make over.

Further details contact

Need a Property Review on a particular property?

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

Property Review - Buyers Agent Sydney

 

Subscribe to TBAS® Auction Reports

Property Review 94 Military Rd Dover Heights

Property Review 94 Military Rd Dover Heights

Property Review – 94 Military Rd Dover heights – SOLD $3,500,000 – 20 Jun 2019

Property Review 94 Military Rd Dover Heights

Date: 31.05.19

House – Beds: 5 Bathrooms: 3.5Parking: 2Land size: 645m2 (approx)

Aspect: East facing

Days of market: 45 days

Agents Price guide: $3,500,000

Price per square meter: $5,426

Last Sold: 15 Oct 2007 $2,625,000

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-dover+heights-131009230

Property Report by CoreLogic: 94 Military Rd Dover Heights

 

Comments:

Location: 3 minutes to Bondi Beach & 10 Minutes to Bondi Junction

Land: Level block

Views: Minor District

Interior:  Needs renovating

Exterior: Needs renovating

Price: Reasonable

General:  Generous size block of land, close to Bondi Beach. The road carries a lot of traffic, which reflects the price. Also, the house needs renovating inside & out.

 

 

Further details contact

Need a Property Review on a particular property?

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 Property Review – Buyers Agent Sydney

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review 20 Bathurst St Woollahra

Property Review 20 Bathurst St Woollahra

Property Review – 20 Bathurst St Woollahra – SOLD $3.2m – 5 June 2019

Property Review 20 Bathurst St Woollahra

Date: 23.05.19

House – Beds: 4 Bathrooms: 4Parking: 0Land size: 348m2 (approx)

Aspect: East facing

Days of market: 7 days

Agents Price guide: $3,000,000

Price per square meter: $8,620

Last Sold: 18 Sep 2012 $1,920,000

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-woollahra-131206818

Property Report by CoreLogic: 20 Bathurst St Woollahra

 

Comments:

Location: 5 minute walk to Bondi Junction station & Westfields

Land: Low side of the road

Views: District

Interior:  Needs renovating

Exterior: Needs renovating

Price: Reasonable

General:  The property is located in a very central location and has a lot of potential. If the property could be purchased at the right price you would renovate and hopefully add parking STCA.

 

 

Further details contact

Need a Property Review on a particular property?

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 Property Review – Buyers Agent Bondi Junction

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review 39 St Thomas St Bronte

Buyers Agent Bronte

Property Review – 39 St Thomas St Bronte – SOLD $2.8m – 30 May 2019

Property Review – 39 St Thomas St Bronte

Date: 22.05.19

House – Beds: 3 Bathrooms: 1Parking: 2Land size: 445m2 (approx)

Aspect: East facing

Days of market: 14 days

Agents Price guide: $2,000,000

Price per square meter: $4,494

Last Sold: 16 Aug 2012 $850,000

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bronte-131149742

Property Report by CoreLogic: 39 St Thomas St Bronte

 

Comments:

Location: 10 minute walk to Bronte Beach & 1 minute walk to the local shops

Land: Level, with a gentle slope to the rear lane

Views: No

Interior:  Needs renovating

Exterior: Needs renovating

Price: Cheap. Will sell above the quoted price

General:  Fantastic opportunity to purchase a free standing home in Bronte with development potential. Either renovate, build a new home or potentially a dual occupancy STCA. The 12.2m (approx.) frontage may be restricting, however the rear lane access is a bonus.

There is sure to be plenty of interest at the up coming auction with this price guide.

 

Further details contact

Need a Property Review on a particular property?

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 Property Review – Buyers Agent Bondi Junction

 

Subscribe to our Auction Summaries & Property Reviews

 

10 Porter St Bondi Junction

Buyers Agent Bondi Junction

Property Review – 10 Porter St Bondi Junction

SOLD 27 May 2019

Property Review – Buyers Agent Bondi Junction

Date: 16.05.19

Unit – Beds: 7 Bathrooms: 4Parking: 3Land size: 790m2 (approx)

Aspect: North backyard

Days of market: 16 days

Agents Price guide: $4,000,000

Price per square meter: $5,063

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bondi+junction-131105390

Property Report by CoreLogic: 10 Porter St Bondi Junction

NOTE: The RP Data Property Report price guide produced by CoreLogic is not accurate. Contact Rodney McLoughlin for an accurate price range.

Comments:

Location: 10 minute walk to Bondi Junction train station

Land: Level

Views: No

Interior:  Needs renovating

Exterior: Needs renovating

Price: Reasonable

General: Large parcel of land located within walking distance to all amenities. The property has 2 houses on it, the front house dating back to 1897, which could be a problem located in a conservation area if you were considering taking advantage of the R3 Zoning. Also, the frontage is only 13 meters wide.

Any approvals for multiple dwellings may be subject to lengthy councils approvals. However, due to its location and size it is a great long term investment.

 

Further details contact

Need a Property Review on a particular property?

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 Property Review – Buyers Agent Bondi Junction

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 6 Wyuna Rd Point Piper

Buyers Agent Point Piper

Property Review – 6 Wyuna Rd Point Piper

[rml_read_more]
Date: 16.05.19

Unit – Beds: 4 Bathrooms: 3Parking: 2Land size: 743m2 (approx)

Aspect: North facing

Days of market: 132 days

Agents Price guide: $18,000,000

Price per square meter: $24,226

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-point+piper-130190598

Property Report by CoreLogic: 6 Wyuna Rd Point Piper

NOTE: The RP Data Property Report price guide produced by CoreLogic is not accurate. Contact Rodney McLoughlin for an accurate price range.

Comments:

Location: Arguably one of the best locations in the world

Land: High side. Level access from the rear, steep from the front entry

Views: Main Harbour

Interior:  Needs renovating

Exterior: Good

Price: A little high

General: Built around 20 years ago, the house structure is still in excellent condition and the modern architecture has stood the test of time, however the interiors need a makeover to be considered a true trophy home in one of the best locations in Australia.

The floor plan may not suit a younger family with 2 bedrooms on the top level & 2 bedrooms on the lower ground level.

The views from the main living areas are priceless and the property is worth an inspection.

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 42/1-3 Dalley St Bondi Junction

Buyers Agent Bondi Junction

Property Review – 42/1-3 Dalley St Bondi Junction – SOLD $730,000 – 25 May 2019

Date: 15.05.19

Unit – Beds: 1 Bathrooms: 1Parking: 1Unit size: 52m2 (approx)

Aspect: North East balcony

Days of market: 16 days

Agents Price guide: $650,000

Price per square meter: $12,500

realestate.com.au url: https://www.realestate.com.au/property-apartment-nsw-bondi+junction-131079358

Property Report by CoreLogic: 42/1-3 Dalley St Bondi Junction

NOTE: The RP Data Property Report price guide produced by CoreLogic is not available. Contact Rodney McLoughlin for an accurate price range.

Comments:

Location: Walking distance to Bondi Junction station & Westfields

Land: Level

Views: Minor district views

Interior:  Bathroom needs renovating. The kitchen is adequate

Exterior: Average

Price: Spot on

General: Besides the bathroom needing attention, the apartment is in good condition. It’s an older style security building (1977) with 36 units and the lift & foyer are very dated. There is no additional amenities in the complex.

It would make a great investment property with a rental appraisal of $600 per week or first home due to it’s proximity to the station & Westfields.

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 18 Drumalbyn Rd Bellevue Hill

Buyers Agent Bellevue Hill

Property Review – 18 Drumalbyn Rd Bellevue Hill

[rml_read_more]
Date: 14.05.19

HouseBeds: 5 Bathrooms: 4Parking: 6Land size: 1758m2

Aspect: North backyard

Days of market: 6 days

Agents Price guide: $17,500,000

Price per square meter: $9,954

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bellevue+hill-131147046

Property Report by CoreLogic: 18 Drumalbyn Rd Bellevue Hill

NOTE: The RP Data Property Report price guide produced by CoreLogic is not accurate. Contact Rodney McLoughlin for an accurate price range.

Comments:

Location: Walking distance to The Scots College & Cranbrook School

Land: Relatively flat block with a gentle slope to the rear

Views: Main Harbour views

Interior:  Needs renovating

Exterior: Average

Price: Reasonable

General: The property is located in one of the best streets in Bellevue Hill and has the potential to be subdivided down the middle with it’s 28 meter (approx.) frontage and 1758m2 land size.

The house is perfectly liveable as is, however it is due for a major renovation if you weren’t planning on subdividing.

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 67 Boundary St Clovelly

Buyers Agent Clovelly

Property Review – 67 Boundary St Clovelly –

SOLD $4.5m – 15.5.19

 

Date: 10.05.19

Semi – Beds: 4 Bathrooms: 2 – Parking: 2  – Land size: 323m2 (approx)

Aspect: North front yard

Days of market: 1

Agents Price guide: $4,000,000

Price per square meter: $12,383

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-woollahra-131082830

Property Report by CoreLogic: 67 Boundary St Clovelly

 

Comments:

Location: 500 meters to Clovelly Beach & 8 minute drive to Bondi Junction

Land: Low side of the road

Views: Ocean views

Interior:  New

Exterior: New

Price: Reasonable

General: Superbly built house within walking distance to the beach set over 3 levels with a great entertaining area on the lower level & in-ground pool.

No lock up garage, but the carport is well designed with an automatic gate for security.

 

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 41 Darling Point Rd Darling Point

Buyers Agent Darling Point

Property Review – 41 Darling Point Rd Darling Point – SOLD $6,800,000 – 21 Jun 2019

[rml_read_more]
Date: 10.05.19

Semi – Beds: 5 Bathrooms: 4.5Parking: 2  – Land size: 417m2 (approx)

Aspect: East backyard

Days of market: 264 days

Agents Price guide: $6,900,000

Price per square meter: $16,546

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-woollahra-131082830

Property Report by CoreLogic: 41 Darling Point Rd Darling Point

NOTE: The RP Data Property Report price guide produced by CoreLogic is not accurate. Contact Rodney McLoughlin for an accurate price range.

Comments:

Location: 4 minute walk to Edgecliff station & 2 minute walk to Ascham School

Land: Elevated block

Views: Main Harbour & city views

Interior:  Renovated

Exterior: Good condition

Price: Reasonable

General: The property has been listed for sale since August 2018, it has just been re-launched and scheduled to go to auction on June 6.  

The property has been superbly renovated internally and is well located near the Edgecliff station and Ascham girls school. Unfortunately, there is no internal access from the double garage, however once inside you will love the internal finishes.

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 60 Cranbrook Rd Bellevue Hill

Buyers Agent Bellevue Hill

Property Review – 60 Cranbrook Rd Bellevue Hill –

SOLD 6.8.19 $6,100,000

Date: 10.05.19

HouseBeds: 5 Bathrooms: 3Parking: 2  – Land size: 885m2

Aspect: East front yard

Days of market: 71 days

Agents Price guide: $7,000,000

Price per square meter: $7,909

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-woollahra-131082830

Property Report by CoreLogic: 60 Cranbrook Rd Bellevue Hill

NOTE: The RP Data Property Report price guide produced by CoreLogic is not accurate. Contact Rodney McLoughlin for an accurate price range.

Comments:

Location: 7 minute drive to Bondi Junction & 5 minute drive to Double Bay

Land: Relatively flat block with a gentle slope down the hill

Views: No

Interior:  Needs renovating

Exterior: Needs renovating

Price: Reasonable

General: The property has been listed for sale for almost 3 months. LJ Hooker Double Bay has taken over the listing and indicated the vendors are willing to meet the changed market conditions.

The house is located around ‘A’ Grade properties on a generous size block, but needs a lot of attention.

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 64 Boronia Rd Bellevue Hill

Buyers Agent Sydney

Property Review – 64 Boronia Rd Bellevue Hill

 

Date: 10.05.19

HouseBeds: 4 Bathrooms: 6Parking: 2  – Land size: 563m2

Aspect: North East front yard

Days of market: 4 days

Agents Price guide: $7,000,000

Price per square meter: $12,433

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-woollahra-131082830

Property Report by CoreLogic: 64 Boronia Rd Bellevue Hill

NOTE: The RP Data Property Report price guide produced by CoreLogic is not accurate. It does not reflect the construction quality. Contact Rodney McLoughlin for an accurate price range.

Comments:

Location: 6 minute drive to Bondi Junction & 5 minute drive to Bondi Beach

Land: High side of the road

Views: District

Interior:  High quality

Exterior: Very good condition

Price: Reasonable

General: The property was listed for sale around 12 months ago and failed to sell due to the higher price guide of $8m. The new price guide of $7m reflects the current market conditions and will attract more interest.

The architectural design is a little unusual, but certainly unique. You won’t be disappointed with the quality of construction and internal fit-out.

 

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 3 Milton Ave Woollahra

Buyers Agent Sydney

Property Review – 3 Milton Ave Woollahra – SOLD $3.6m  – 15 May 2019

 

Date: 7.05.19

HouseBeds: 4 Bathrooms: 2Parking: 1  – Land size: 424m2

Aspect: North front yard

Days of market: 8 days

Agents Price guide: $3,000,000

Price per square meter: $7,075

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-woollahra-131082830

Property Report by CoreLogic: 3 Milton Ave Woollahra

 

Comments:

Location: 10 minute walk to Bondi Junction & 15 minute walk to Double Bay

Land: High side of the road, corner triangular shaped block

Views: No

Interior:  Needs renovating

Exterior: Average

Price: Well priced

General: The property is located in a fantastic, central & quiet location. There is scope to add value by possibly adding another level (STCA) and updating the existing interior & exterior. 

Due to the irregular shaped block there is no real back yard, however the agents have taken this into consideration with the affordable price guide for a free standing house in Woollahra.

 

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 3 Parmenter Court Bowral

Buyers Agent Sydney

Property Review – 3 Parmenter Court Bowral

 

Date: 5.05.19

Land size: 810m2 (approx)

Improvements: Renovated Brick Home in pretty and peaceful street. 4 Bedrooms. 2 Bathrooms 2 Parking

Aspect: North facing

Days of market: 97 days

Agents Price guide: $915,000

Price per square meter: $1,129m2

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bowral-130357558

Property Report by CoreLogic: 3 Parmenter Court Bowral

Comments: Premium home in quiet cul-de-sac of East Bowral. Immaculately presented with huge kitchen/family/dining plus a conservatory and formal rooms with tons of space for the whole family. Fully fenced yard with established plantings and raised vegetables gardens.

 

Further details contact

Julie Bennett – Principal

TBAS® Buyers Agents Southern Highlands

Julie@tbas.live – 0416 128 858

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 100 Osborne Rd Burradoo

Buyers Agent Sydney

Property Review – 100 Osborne Rd Burradoo

 

Date: 5.05.19

Land size: 4048m2 (approx)

Improvements:Two storey dual level. 4 Bedrooms. 3.5 bathrooms. 3 Garaging

Aspect: North facing

Days of market: 195 days

Agents Price guide: $1,895,000

Price per square meter: $486m2

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-burradoo-130618794

Property Report by CoreLogic: 100 Osborne Rd Burradoo

Comments: Prime Address in Burradoo offering substantial accommodation. Generously proportioned with a variety of versatile living areas. Newly renovated bathrooms and scope for further updating elsewhere. Dual street frontage close to schools, pony club, river bike track, train and bus links, hospital and Bowral CBD

 

Further details contact

Julie Bennett – Principal

TBAS® Buyers Agents Southern Highlands

Julie@tbas.live – 0416 128 858

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 21 Olola Ave Vaucluse

Buyers Agent Sydney

Property Review – 21 Olola Ave Vaucluse – SOLD – Not disclosed -2 Sep 2019

 

Date: 3.05.19

HouseBeds: 6 Bathrooms: 4Parking: 4  – Land size: 828m2

Aspect: North East front

Days of market: 38 days

Agents Price guide: $5,800,000

Price per square meter: $7,004

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-vaucluse-130500250

Property Report by CoreLogic: 21 Olola Ave Vaucluse

 

Comments:

Location: 10 minute walk to Nielsen Park & 15 minute drive to Bondi Junction

Land: High side of the road. Battle-axe block

Views: Main harbour

Interior:  Renovated. Bathrooms and kitchen in very good condition. 

Exterior: Average

Price: Reasonable

General: The house has been tastefully renovated internally and once inside, the the views are worth the walk up the steep driveway. Ideally you would drive up, which would avoid steep walk.

Extremely quiet & private location.

 

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 2 Raleigh St Dover Heights

Buyers Agent Sydney

Property Review – 2 Raleigh St Dover Heights – SOLD 24 May 2019

 

Date: 3.05.19

HouseBeds: 5 Bathrooms: 5Parking: 4  – Land size: 569m2

Aspect: East West (West front)

Days of market: 61 days

Agents Price guide: $9,000,000

Price per square meter: $15,817

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-dover+heights-131055746

Property Report by CoreLogic: 2 Raleigh St Dover Heights

NOTE: The RP Data Property Report produced by CoreLogic is inaccurate and does not reflect the construction quality. Contact Rodney McLoughlin for an accurate price range.

 

Comments:

Location: 5 minute drive to Bondi Beach

Land: High side of the road at the end of a cul-de-sac

Views: City, main harbour, harbour bridge

Interior:  Bathrooms and kitchen are start of the art

Exterior: Perfect condition

Price: Reasonable

General: Superbly newly built contemporary home with stunning harbour views, ticking most of the boxers. The car stacker in the double garage may not be necessary or appeal to a lot of people, same goes for the large island bench in the mater WIR.

 

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 12 Arthur St Bellevue Hill

Buyers Agent Bellevue Hill

Property Review – 12 Arthur St Bellevue Hill – SOLD $5,625,000 – 25 May 2019

 

Date: 2.05.19

HouseBeds: 6 Bathrooms: 4Parking: 2  – Land size: 658m2

Aspect: North backyard 

Days of market: 10 days

Agents Price guide: $5,000,000

Price per square meter: $7,598

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bellevue+hill-131038726

Property Report by CoreLogic: 12 Arthur St Bellevue Hill

 

Comments:

Location: Walking distance to Double Bay shops & Scots College

Land: Low side of road

Views: No

Interior:  Bathrooms and kitchen in good condition

Exterior: Building in reasonable condition for its age

Price: Reasonable

General: Located on the S bends of Arthur St. The road is a thorough fare, however the house is set back far enough from the street to minimise any noise. The agents price guide has taken this into consideration. Also, the pools surface needs attention.

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 68 Boundary St Bronte

Buyers Agent Sydney

Property Review – 68 Boundary St Bronte – SOLD $2,485,000 – 9.05.19

 

Date: 1.05.19

Land size: 354m2

Improvements: Free standing brick house, 3 beds, 1 bath, single lock up garage, in-ground pool

Aspect: North backyard 

Days of market: 29 days

Agents Price guide: $2-$2.1m

Price per square meter: $5,649

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bronte-130903646

Property Report by CoreLogic: 68 Boundary St Bronte

 

Comments:

Location: Reasonably quiet street, within an 8 minute walk to Clovelly Beach

Land: High side of road, with a gentle slope.

Views: Possible district views if you were to add another level

Interior:  Bathrooms and kitchen are due for a makeover

Exterior: Building in reasonable condition for its age

Price: The agents price range is spot on.

General: The house looks to have a solid structure and would be a good project to renovate and add value

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

The Rise and Rise of the Buyer’s Agent

Auction Bidding Service

More Buyers are Securing a Professional Advantage!

 

Long popular in the United States, buyer’s agents are becoming increasingly popular in Australia too, as more buyers see what tremendous value there is in having a knowledgeable professional acting and advocating for them. Here’s what to know and what to look for.

Buyers Agent Sydney

 

A decade ago there were only a few buyer’s agents operating in Sydney and they were largely considered (rightly or wrongly) the domain of the wealthy. Today, more and more buyer’s agents are popping up in Sydney and elsewhere, as buyers at all price points cotton on the huge benefits using one can achieve.  

 

Not just for the wealthy

There’s a common misperception that only well-off people use buyer’s agents but this is simply not the case. Buying a property is a huge investment and getting it wrong can be costly. Investing in a professional property buyer, who knows the market inside out and has an extensive network of contacts and a wealth of knowledge to draw upon, will almost certainly save money, even when their fees are factored in. It’s also the most likely way to secure your dream home or investment property in a competitive market.

 

Getting it right

It’s important to remember that good property investment isn’t only about saving money or securing a ‘bargain’, however, but about getting the right property, at the right price, at the right time – for your unique needs. A good buyer’s agent will consult with you extensively to figure out what you hope to achieve and will have the experience and market knowledge to find the property – or properties – that ticks all the right boxes.

 

Why use a buyer’s agent?

Buying a property can be an incredibly time consuming and stressful experience. With so much at stake it’s easy for the novice to miss important details that could have huge consequences later. An experienced buyer’s agent can transform the process into a seamless, stress-free one, and achieve a far better result. They may know about off-market properties that are unique or in need of a fast sale, for example. What’s more, a great buyer’s agent will go above and beyond the one real estate transaction, guiding you to figure out your long-term property-related goals and strategy.

 

On the auction block

Televisions shows like The Block and Location, Location, Location have played a role in the rising popularity of buyer’s agents, by showing them in action at auctions, highlighting their value as audiences witness the results they can achieve.

 

The auction process itself can be fraught with pitfalls. Most people will only buy at auction a small handful of times, if that, in their lives. A buyer’s agent, who has done it dozens or even hundreds of times, knows all of the traps and has a multitude of strategies to put in place for success. They’re also emotionally detached – they are simply there to achieve the best outcome for their client – and that in itself can avoid many common mistakes, particularly those made by first-time buyers.

 

What to look for in a buyer’s agent


With more buyer’s agents popping up all the time, it’s important to make sure that you’re engaging a true professional with a proven track record. They should have several years’ experience – at a minimum – in the specific area that you want to buy. Check that they are appropriately licensed and insured with the relevant professional qualifications and ask about their most recent purchases and reviews. They should ideally also be a member of the Real Estate Institute in your state or territory.

 

Want to save tens of thousands of dollars on your next property? Use an experienced negotiator from TBAS® Buyers Agents.

Call us on 02 9363 3239 or EMAIL US

 

Property Review – 1/10 Blaxland Rd Bellevue Hill

Buyers Agent Sydney

Property Review – 1/10 Blaxland Rd Bellevue Hill – SOLD 16 May 2019 $2.2m

 

Date: 30.04.19

Land size: 117m2 internal – 115m2 external (approx.)

Improvements: Garden Apartment, 3 bedrooms, 2 bathrooms, double lock up garage

Aspect: North East front

Days of market: 20 days

Agents Price guide: $2,150,000

Price per square meter: $18,376 (internal)

realestate.com.au url: https://www.realestate.com.au/property-apartment-nsw-bellevue+hill-130973758

Property Report by CoreLogic: 1/10 Blaxland Rd Bellevue Hill

NOTE: The RP Data Property Report produced by CoreLogic is inaccurate. Contact Rodney McLoughlin for an accurate price range.

Comments:

Location: Good aspect, quiet street. 14 minute walk to the local shops

Land: High side of road & the unit has good access via a lift from the car park

Interior:  Bathrooms and kitchen are due for a makeover

Exterior: Building in reasonable condition for its age of 18 years

Price: The agents price range is reasonable. A good buying price would be from $2-$2.1m

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 50 Fairfax Rd Bellevue Hill

Buyers Agent Sydney

Property Review – 50 Fairfax Rd Bellevue Hill

SOLD Circa $4.75 – 23.05.19

 

Date: 29.04.19

Land size: 702m2 (approx.)

Improvements: Free standing brick house, 6 bedrooms, 5.5 bathrooms, double lock up garage, pool

Aspect: East West (West rear)

Days of market: 4 days (as of 29.4.19)

Agents Price guide: $4,500,000

Price per square meter: $6,410 (based on $4,500,000)

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bellevue+hill-131059778

Property Report by CoreLogic: 50 Fairfax Rd Bellevue Hill

NOTE: The RP Data Property Report produced by CoreLogic is inaccurate. Contact Rodney McLoughlin for an accurate price range.

Comments: Located in one of the better pockets of Bellevue Hill, near ‘Rona’ (recently sold for $58m), The Scots College & Cranbrook school.

Situated on a large block with good views, the house has plenty of accommodation, although the floor plan needs a good Architect to open it up.

The bathrooms and kitchen are are due for a complete makeover.

The steep private driveway may take a little bit of getting use to.

The price guide has taken into consideration the negative aspects of the property, as it is well priced for a property in this location & land size.

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 17 Fairweather St Bellevue Hill

Buyers Agent Sydney

Property Review – 17 Fairweather St Bellevue Hill

 

Date: 29.04.19

Land size: 284m2 (approx.)

Improvements: Semi attached brick house, 4 bedrooms, 2.5 bathrooms, single lock up garage, pool

Aspect: South West backyard

Days of market: 5 days (as of 29.4.19)

Agents Price guide: $3,700,000

Price per square meter: $13,028 (based on $3,700,000)

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bellevue+hill-128395722

Property Report by CoreLogic: Not Available

NOTE: The RP Data Property Report produced by CoreLogic is not available. Contact Rodney McLoughlin for an accurate price range.

Comments: Just completed dual occupancy.  There is a lift that services all three level. The floor plan is suited to a small family with 3 bedrooms located on the top level. There is a media room on the lower ground level, which is ideal to escape the kids.

The bathrooms and kitchen are of good quality for this price range and it’s an ideal entry level property to Bellevue Hill.

The location is excellent, especially if you have children attending Scots, Cranbrook or Ascham schools.

The backyard and pool area lack privacy and needs to be addressed.

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 14 Blandford Ave Bronte

Buyers Agent Sydney

Property Review – 14 Blandford Ave Bronte – SOLD $4.65m – 18 May 2019

 

Date: 24.04.19

Land size: 481 m2 (approx.)

Improvements: Free standing brick house, 4/5 bedrooms, 3 bathrooms, single lock up garage

Aspect: East West (East rear)

Days of market: 6 days (as of 24.4.19)

Agents Price guide: $4,300,000

Price per square meter: $8,939 (based on $4,300,000)

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bronte-131024598

Property Report by CoreLogic: 14 Blandford Ave Bronte

NOTE: The RP Data Property Report produced by CoreLogic is inaccurate. Contact Rodney McLoughlin for an accurate price range.

Comments: The house has been tastefully renovated, retaining the art deco facade. The kitchen and bathrooms are very stylish with modern appliances and fittings. 

The single lock up garage is more suited to a smaller size car or storage area.

The house is positioned on the low side of the road and around a 4 minute drive to Bronte Beach.

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 21 Warenda St Bowral

Buyers Agent Sydney

Property Review – 21 Warenda St Bowral

 

Date: 23.04.19

Land size: 626m2 (approx)

Improvements: 1950’s weatherboard cottage. 4 Bedrooms. 3 Bathrooms. 1 Car Parking

Aspect: North to the rear

Days of market: 30 days (as of 23.4.19)

Agents Price guide: $1,400,000

Price per square meter: $2,236 per acre (based on $1 ,400,000)

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bowral-130500970

Property Report by CoreLogic: 21 Warenda St Bowral

Comments: Fantastic location, walk to shops, cafes and Bowral town amenities. Superbly renovated encompassing old world charm with quality finishes. Mature hedging, dry stone walls, garden lighting and cold climate plantings.

A very rare offering.

 

Further details contact

Julie Bennett – Principal

TBAS® Buyers Agents Southern Highlands

Julie@tbas.live – 0416 128 858

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 18 Kimberley Dr Bowral

Buyers Agent Sydney

Property Review – 18 Kimberley Dr Bowral

 

Date: 23.04.19

Land size: 10 acres (approx)

Improvements: Architect manor house.6 Bedrooms 4 Bathrooms 6 Car Parking

Aspect: North East to the rear

Days of market: 398 days (as of 23.4.19)

Agents Price guide: $4,400,000

Price per square acre: $440,000 per acre (based on $4,400,000,)

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bowral-130500970

Property Report by CoreLogic: 18 Kimberley Dr Bowral

NOTE: The RP Data Property Report produced by CoreLogic is inaccurate. Contact Julie Bennett for an accurate price range.

Comments: Nestled amongst 10 acres of park-like gardens this wonderful manor house is situated in one of Bowral’s most exclusive enclaves. 

There is a private master sanctuary and five other bedrooms two of which are in a  self-contained wing. The French Provincial kitchen includes a butlers pantry.

There are surprising nooks and sunny courtyards everywhere plus a workshop/shed. The lake is  overlooked by an mini settlers cottage and a tranquil fernery.

Only minutes from Bowral this is a graceful and elegant property.

 

 

Further details contact

Julie Bennett – Principal

TBAS® Buyers Agents Southern Highlands

Julie@tbas.live – 0416 128 858

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 2 Beresford Rd Rose Bay

Property Review – 2 Beresford Rd Rose Bay

 

Date: 12.04.19

Land size: 883m2 (approx.)

Improvements: Free standing house, 5 bedrooms, 3 bathrooms, 2 parking, pool

Aspect: North East Front

Days of market: 3days (as of 12.4.19)

Agents Price guide: $8,000,000

Price per square meter: $9,060 (based on $8,000,000)

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-rose+bay-130956690

Property Report by CoreLogic: 2 Beresford Rd Rose Bay

Comments: Boasting an impressive 883m2 completely level block, with a 17m frontage, meaning it may have subdivision potential (STCA) and within a 50m stroll to Rose Bay Harbour. 

Bathrooms, laundry & kitchen need a makeover to justify the $8,000,000 price guide if you weren’t planning on/ or could subdivide. 

The value of the property is the ability to subdivide the block, considering the house needs a good make over.

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 33 Beresford Rd Rose Bay

Property Review – 33 Beresford Rd Rose Bay

 

Date: 11.04.19

Land size: 697m2 (approx.)

Improvements: Free standing house, 6 bedrooms, 4 bathrooms, 4 parking, pool

Aspect: North East rear

Days of market: 29 days (as of 11.4.19)

Agents Price guide: $7,000,000

Price per square meter: $10,043 (based on $7,000,000)

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-rose+bay-130746686

Property Report by CoreLogic: 33 Beresford Rd Rose Bay

Comments: Great family home located on the boarder of Rose Bay & Bellevue Hill surrounded by blue chip real estate. Quality built with a large level yard & pool within an easy walk to Rose Bay Harbour. 

Bathrooms & kitchen could do with a makeover, however they are adequate to move straight in.

If they can achieve a price somewhere around the price guide, the vendors should take it and run.

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 141 Bellevue Rd Bellevue Hill

Property Review – 141 Bellevue Rd Bellevue Hill

 

Date: 11.04.19

Land size: 777m2 (approx.)

Improvements: Free standing house, 4 bedrooms, 2 bathrooms, 1 parking

Aspect: North East rear

Days of market: 22 days (as of 11.4.19)

Agents Price guide: $4,300,000

Price per square meter: $5,534 (based on $4,300,000)

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bellevue+hill-130807610

Property Report by CoreLogic: 141 Bellevue Rd Bellevue Hill

Comments: Dilapidated house located on a thoroughfare. Not a recommended location to build a trophy home. More suited to the DA approved Dual occupancy for the reasonably flat corner block. A purchase price around the price guide would be a fair price.

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 23 Bon Accord Ave Bondi Junction

Property Review – 23 Bon Accord Ave Bondi Junction – SOLD $2,850,000 16 Apr 2019

 

Date: 11.04.19

Land size: 361m2 (approx.)

Improvements: Free standing house, 4 bedrooms, 2 bathrooms, 3 parking

Aspect: North facing

Days of market: 1 day (as of 11.4.19)

Agents Price guide: $2,900,000 (Asking Price)

Price per square meter: $8,033 (based on $2,900,000)

realestate.com.au url: (Old  listing, property currently an off market listing) https://www.realestate.com.au/sold/property-house-nsw-bondi+junction-119167671 

Property Report by CoreLogic: 23 Bon Accord Ave Bondi Junction

Comments: Freestanding house on a large block, considering the location within walking distance to Bondi Junction station & Westfields. The triple garage with rear lane access is a bonus. The property requires around $50,000 to make it liveable for a young family. If you could purchase the property around $2.6m, it would be a good buy.

Recent sale: 29 Bon Accord Ave Bondi Junction – 23.8.19 – $2,775,000 – 323m2

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 12 Botany St Bondi Junction

Property Review – 12 Botany St Bondi Junction

 

Date: 10.04.19

Land size: 301m2 (approx.)

Improvements: Terrace house, 5 bedrooms, 5 bathrooms, no parking

Aspect: North facing

Days of market: 21 days (as of 10.4.19)

Agents Price guide: $2,500,000

Price per square meter: $8,305 (based on $2,500,000)

realestate.com.au url: https://www.realestate.com.au/property-unitblock-nsw-bondi+junction-130798398

Property Report by CoreLogic: 12 Botany St Bondi Junction

Comments: The property has been converted into a legal boarding house with 5 separate bedrooms & kitchenette’s. It is in a very average condition and needs updating to increase the current rents. There is potential to add another floor STCA or potentially purchase the adjoining terrace. 

The property is more suited to a seasoned developer or astute investor looking to capitalise on the location.

If you could purchase the property under the agents price guide, it would be a great long term investment.

Recent sale: 10 Botany St, the adjoining terrace sold for $2,600,00 on the 25 September 2015. Same block size, however it had an additional flat attached at the rear

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 124 Fletcher St Woollahra

Property Review – 124 Fletcher St Woollahra

 

Date: 9.04.19

Land size: 203m2 (approx.)

Improvements: Terrace house, 3 bedrooms, 1 bathroom, no parking

Aspect: North facing

Days of market: 20 days (as of 9.4.19)

Agents Price guide: $2,100,000

Price per square meter: $10,344 (based on $2,100,000)

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-woollahra-130804306

Property Report by CoreLogic: 124 Fletcher St Woollahra

Comments: Original terrace with rear lane access. Great location within walking distance to the train station, Westfields & Synagogue. The property needs a full renovation & remedial work. The rear lane access is a bonus to add a double garage STCA. The large Jacaranda tree up against the rear of the house needs to be considered with any extension plans. The agents quoted price is in-line with similar terraces in the area. 

Recent sale: 112 Fletcher St Woollahra sold on 11th September 2018 for $4,000,000 on a block size of 158m2. The property was recently renovated

 

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 11 William St Double Bay

Property Review – 11 William St Double Bay

 

Date: 4.04.19

Land size: 236m2

Improvements: Two story brick veneer, tilted roof. 4 beds, 2 bath,  1 parking & pool

Aspect: North South

Days of market: 65 days (as of 4.4.19)

Agents Price guide: $3,550,000

Price per square meter: $15,042 per m2 (based on $3,550,000,)

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-double+bay-128227870

Property Report by CoreLogic: 11 William St Double Bay

Comments: Located in the heart of Double Bay, right next door to the bottle shop. The house is in poor condition and is probably not worth renovating. The location is more suited to commercial premises rather than a residential house.

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 10 Rosemary Crs Bowral

Property Review – 10 Rosemary Crs Bowral

 

Date: 2.04.19

Land size: 1227m2

Improvements: Single brick house. 4 bedrooms, 2 bathrooms & 3 parking

Aspect: North to living areas

Days of market: 72 days (as of 2.4.19)

Agents Price guide: $860,000 – $895,000

Price per square meter: $700 per m2 (based on $860,000,)

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bowral-130327310

Property Report by CoreLogic: 10 Rosemary Crs Bowral

Comments: “Yarrara” is set on the high side with beautifully established gardens. The home is spacious and in immaculate condition and has the possibility to convert a dwelling at the rear into a guest accomodation. The heart of Bowral is a 7 minute drive. Yarrara is close to schools, parks and bus services.

 

Further details contact

Julie Bennett – Principal

TBAS® Buyers Agents Southern Highlands

Julie@tbas.live – 0416 128 858

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 11 Bedford Pl Burradoo

Property Review – 11 Bedford Pl Burradoo

 

Date: 2.04.19

Land size: 4265m2

Improvements: Single brick house. 4 bedrooms, 2 bathrooms & 2 parking

Aspect: North rear to all living areas

Days of market: 64 days (as of 2.4.19)

Agents Price guide: $1,450,000

Price per square meter: $339 per m2 (based on $1,450,000,)

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-burradoo-130390866

Property Report by CoreLogic: 11 Bedford Pl Burradoo

Comments: Lovely country feel just a few minutes to Bowral. Fully fenced with established gardens, the home is spacious and welcoming. It’s ready for an internal makeover and some updating. Well worth consideration.

 

Further details contact

Julie Bennett – Principal

TBAS® Buyers Agents Southern Highlands

Julie@tbas.live – 0416 128 858

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 3 Rowland Rd Bowral

Property Review – 3 Rowland Rd Bowral

 

Date: 2.04.19

Land size: 1013m2

Improvements: Single brick house. 4 bedrooms, 2 bathrooms, 1 study & 2 parking

Aspect: North facing

Days of market: 14 days (as of 2.4.19)

Agents Price guide: $990,000-$1,085,000

Price per square meter: $987 per m2 (based on $1,000,000,)

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bowral-130807750

Property Report by CoreLogic: 3 Rowland Rd Bowral

Comments: Located in a premium precinct of Bowral. North facing views across the reserve to the back of the original Retford Park farmlands. Beautifully presented with outdoor bespoke Hamptons style kitchen. Easy care outdoor gardens and covered entertaining area.Open plan living areas and underfloor heating in study, ensuite, kitchen and informal living area, hallway, main bathroom and laundry. Fully fenced with auto gates and intercom. 

 

Further details contact

Julie Bennett – Principal

TBAS® Buyers Agents Southern Highlands

Julie@tbas.live – 0416 128 858

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 2 Birchwood Dr Bundanoon

Property Review – 2 Birchwood Dr Bundanoon

 

Date: 23.03.19

Land size: 20 acres (approx.)

Improvements: 4 bedroom residence, 2 bathrooms, 6 parkings, farm shed, tractor shed & garden shed

Aspect: North facing

Days of market: 109 days (as of 23.3.19)

Agents Price guide: $2,800,000 (open to all offers)

Price per acre: $140,000 (based on $2,800,000)

realestate.com.au url: https://www.realestate.com.au/property-acreage+semi-rural-nsw-bundanoon-130063162

Property Report by CoreLogic: 2 Birchwood Dr Bundanoon

Comments: Award winning home built with quality finishes and state-of-the-art features. Drive through the front gate and be impressed by the serenity of your own lake and jetty. Double glazing on all windows. A few minutes drive to Bundanoon township and station.Beautifully manicured grounds.

 

Further details contact

Julie Bennett – Principal

TBAS® Buyers Agents Southern Highlands

Julie@tbas.live – 0416 128 858

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 155 Hargrave St Paddington

Property Review – 155 Hargrave St Paddington – Sold 22.03.19

 

Date: 20.03.19

Land size: 127m2 (approx.)

Improvements: Terrace house, 3 bedrooms, 2 bathrooms, 1 parking

Aspect: North East to the front

Days of market: 21 days (as of 20.3.19)

Agents Price guide: $2,200,000

Price per square meter: $17,322 (based on $2,200,000)

realestate.com.au url: https://www.realestate.com.au/property-terrace-nsw-paddington-130622470

Property Report by CoreLogic: 155 Hargrave St Paddington

Comments: Great location within walking distance to the local shops. The property has been superbly renovated, but not overcapitalised for the location. The Bellevue Hotel is located right next door. This could be a negative or positive depending on how close you want to be to the pub, however the property has been priced to take this into consideration.

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Investment – 7 Common Mistakes Real Estate Investors Make

Property Review – 30 Wyuna Rd Point Piper

Property Review – 30 Wyuna Rd Point Piper – SOLD $5.650m – 7 May 2019

 

Date: 15.03.19

Land size: 373m2 (approx.)

Improvements: Brick house, tiled roof, 4 bedrooms, 2 bathrooms, 1 parking

Aspect: North South

Days of market: 506 days (as of 13.3.19)

Agents Price guide: $5,500,000

Price per square meter: $14,745 (based on $5,500,000)

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-point+piper-126795202

Property Report by CoreLogic: 30 Wyuna Rd Point Piper

Comments: One of the best streets in Australia. House needs demolishing and substantial earthworks on a difficulty site. The property has been on the market for quite some time, however the recent price reductions is more realistic for the scope of works required.

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review 13 Arthur St Bellevue Hill

Property Review 13 Arthur St Bellevue Hill

Property Review 13 Arthur St Bellevue Hill – SOLD 26.6.19 $4,050,000 

Property Review 13 Arthur St Bellevue Hill

Date: 14.03.19

Land size: 375m2 (approx.)

Improvements: Brick house, tiled roof, 4/5 bedrooms, 3 bathrooms, off-street parking

Aspect: North South

Days of market: 43 days (as of 13.3.19)

Agents Price guide: $4,000,000

Price per square meter: $10,666(based on $3,000,000)

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bellevue+hill-131111354

Property Report by CoreLogic: 13 Arthur St Bellevue Hill

Comments: The house has been beautifully renovated and centrally located near Double Bay shops. The road is a bit of a thorough fare, however the house is set back from the road and there is no traffic noise. There is no garage or carport, only off street parking. 

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review – 66 St James Rd Bondi Junction

Property Review – 66 St James Rd Bondi Junction

 

Date: 13.3.19

Land size: 205m2 (Approx.)

Improvements: Brick house, 4 bedrooms, 2 bathrooms,  single lock up garage, in-ground pool.

Aspect: North South

Days of market: 7 days (as of 13.3.19)

Agents Price guide: $3m

Price per square meter: $14,634 (based on $3m,)

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bondi+junction-130666658

Property Report by CoreLogic: 66 St James Rd Bondi Junction

Comments: Great location with easy access to the CBD & Bondi Junction Westfields. Quality bathrooms & kitchen. Quiet Street. Views of the bus depot from upper level. Swimming pool fencing set-up needs re-configuration if you have a young family.

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review- 36 Woodstock St Bondi Junction

Property Review – 36 Woodstock St Bondi Junction

SOLD 24 May 2019 – $3.6m

 

Date: 11.3.19

Land size: 260m2 (Approx.)

Improvements: Brick house, tiled roof, 4 bedrooms, 4 bathrooms, New kitchen, lift, DLUG

Aspect: North South

Days of market: New to market (as of 11.3.19)

Agents Price guide: Late $3’s

Price per square meter: $15,384 (Based on $4m,)

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bondi+junction-130706370

Property Report by CoreLogic: 36 Woodstock St Bondi Junction

Comments: Well renovated home. The floor plan is more suitable for an older family with only 2 bedrooms upstairs. A 3rd bedroom upstairs could be added with a little work. Small backyard with no prospect of a decent size pool.

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review- 24 Lennox St Bellevue Hill

Property Review – 24 Lennox St Bellevue Hill – Sold $3,040,000 – 20.03.19

 

Date: 11.3.19

Land size: 356m2 (Approx.)

Improvements: Brick house, tiled roof, 3 bedrooms, 2 bathrooms, 1 car spot

Aspect: North East at the rear

Days of market: 21 days (As of 11.3.19)

Agents Price guide: $3,100,000

Price per square meter: $8,707 (Based on agents guide of $3,100,000)

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bellevue+hill-130538298

Property Report by CoreLogic: 24 Lennox St Bellevue Hill Property Report

Comments: Original house untouched. Small block size for Bellevue Hill. Frontage of just over 10m. Flat block, with level walk to the shops & train station. Great entry level property with growth potential for Bellevue Hill around the early $3m’s

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

 

Subscribe to our Auction Summaries & Property Reviews

 

Property Review- 76 Boronia Rd Bellevue Hill

Property Review – 76 Boronia Rd Bellevue Hill

 

Date: 10.3.19

Land size: 696m2

Improvements:  Brick house, tiled roof, 4 bedrooms, 2 bathrooms, 1 garage

Aspect: North East elevated block

Days of market: 127 days (As of 10.3.19)

Agents Price guide: $3,800,000

Price per square meter: $5,747 (Based on $4,000,000)

realestate.com.au url: https://www.realestate.com.au/property-house-nsw-bellevue+hill-130383342

Recent auction summary by TBAS® Buyers Agents: https://tbasbuyersagents.com.au/2019/03/01/76-boronia-rd-bellevue-hill/

Property Report by CoreLogic: 76 Boronia Rd Bellevue Hill Property Report

Comments: The house is liveable for now, but needs a substantial renovation. Represents good value at the heavily reduced price of circa $4,000,000. Well below the median land price for Bellevue Hill at $5,747 per square meter

 

Further details contact

Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live – 0418 474 304

Subscribe to our Auction Summaries & Property Reviews

 

 

Purchased – 3/2-4 Reed St Cremorne

Buyers Agent Sydney

Purchased – 3/2-4 Reed St Cremorne

Client Brief: Large 2 bedroom unit with parking on the Lower North Shore, close to transport. Must be in a small, well maintained block and have growth potential.

Result: After been the under bidder at an auction the week prior and wisely not overpaying, my clients discovered a beautiful apartment in Cremorne that tick all the boxers. At the risk of missing out, we strategically negotiated the right price and within half an hour we had a signed contract with a 66w and 10% deposit, blowing the other purchases out of the water.

Price: $1,210,000

realestate.com.au URL: 

https://www.domain.com.au/3-2-4-reed-street-cremorne-nsw-2090-2014886879

 

Testimonial: If I could give 6 stars I would! We reached out to Rodney at TBAS® initially to just bid on our behalf at auction, but after meeting him, we felt really confident and comfortable with him and asked Rodney to look after the whole process (negotiating pre auction etc). Being a first home buyer, Rodney eased all our stress and helped secure our dream home in a short time frame! We will never buy a place without him! Matt & Amelia

 

Need Help Purchasing a Property?

Contact Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live0418 474 304

www.tbas.live

5 Reasons why NOW is the best time to BUY Property in Sydney

Buyers Agent Sydney

5 Reasons why NOW is the best time to BUY Property in Sydney

Conditions are the best they’ve been in a decade!

 

While the softening Sydney real estate market is scaring off many buyers, smart buyers and property investors know that now is time to snap up a bargain. Here are five reasons why the real estate market in Sydney is the best it’s been in a decade.

 

#1: Down, down, prices are down

 

According to CoreLogic data, Australian dwelling values fell 4.8% through 2018, marking the weakest housing market conditions since 2008. The year that was showed consistently larger quarter-on-quarter decline in Sydney and Melbourne. In some parts of Sydney we are now seeing prices down as much as 20 per cent from their peak. While it’s impossible to perfectly time the market, prices could drop another five per cent by the end of 2019.

 

#2: There’s less competition

 

Remember the days of turning up to view a property and finding it looked like a party was in progress with would-be buyers lined up out the door? Not so any more. With a lot of buyers running scared, it’s the perfect time to buy real estate in Sydney – less competition means lower prices. Following the Banking Royal Commission findings, banks have significantly tightened their lending conditions, which has considerably reduced buyer activity.

 

#3: It’s a buyer’s market

 

With less buyers in the market it’s an ideal time to negotiate a better price. Make sure to do your homework both about the property and what other similar properties have recently sold for and use this as leverage. Hold your ground, be willing to walk away, and know that there are deals to be had if you’re patient and firm in your negotiations.

 

Remember that the good properties always have more than one buyer interested, so you need to evaluate the property and move quickly before someone else snaps it up. Get professional help from a buyer’s agent if you can. Scoring a top-quality investment at a bargain price will pay off big dividends in the long run. Plus, it’s always better to have one on your side, rather than one working against you.

 

#4: The playing field has been levelled

 

The tighter lending conditions are hitting investors hard, with new restrictions by the Australian Prudential Regulation Authority (APRA) aiming to limit lending to heavily investors, while minimising the impact on home owners and investors. Because investors are often the main competition for first-time buyers, this reduced investor competition makes life a lot easier for those seeking an affordable entry point into the market.

 

#5: A history lesson  

 

You only have to cast your mind back a decade to see the wisdom of buying now. When the GFC hit, it was the savvy cashed-up investors who were buying while others were selling or running scared. Those who bought then are certainly laughing now. The market will inevitably rebound and those who have capitalised on the short-term downturn will be amply rewarded in the long-term. In its Residential Property Prospects 2018 to 2021 report, economic forecaster BIS Oxford Economics predicts that Sydney’s median house price will bottom out at 8 per cent below its June 2017 peak before turning up again.

 

Act fast when you find a bargain

 

Our assessment of the current market, given what we see from the 10 or more auctions we attend weekly, is that despite the softening conditions, good properties are still selling above reserve price. These are the properties that have strong fundamentals such as being located close to public transport, schools, shops and major infrastructure with potential for capital growth.

 

Want to save tens of thousands of dollars on your next property? Use an experienced negotiator from TBAS® Buyers Agents

Call us on 02 9363 3239 or EMAIL US

 

Rodney McLoughlin is the Director of TBAS® Buyers Agents, located in Sydney, Melbourne & Southern Highlands. With 30 years Real Estate experience Rodney’s team provides Exclusive Representation for the Buyers.

Purchased – 5 Botany St Randwick

Purchased – 5 Botany St Randwick

Client Brief: R3 development site in Randwick, close to the light rail & hospital. Must have a 12m height limit and at least 0.9 FSR

Result: After an 8 week search we managed to persuade the selling agent & vendors it was in their best interest to sell 5 Botany St Randwick, which was a deceased estate, on the market for only 1 week & 2 weeks prior to the scheduled auction.

It was a great result for our client, securing a rare R3 development site in Randwick, close to major infrastructure.

Price: $3,800,000

realestate.com.au URL: 

https://www.realestate.com.au/property-unitblock-nsw-randwick-130433546

 

Need Help Purchasing a Property?

Contact Rodney McLoughlin – Director

TBAS® Buyers Agents

rodney@tbas.live0418 474 304

www.tbas.live

Buying Real Estate in the Southern Highlands

 

Considering moving to the Southern Highlands?

 

The Southern Highlands is an idyllic place to live for any age group, be it young families looking for a rural lifestyle, or more mature families looking for a life less stressful than in the city.

It is home to the towns of Bowral, Mittagong and Moss Vale, with  beautiful villages just a short drive.  Some of the villages are Sutton Forest, Exeter, Burrawang, Berrima and Bundanoon.

Bowral is well known for its wonderful Tulip Festival where the tulips and other flowers such as pansies will clap their hands and wave with delight to see you. The Food and Wine Festival is very popular along with the Bowral Classic Road Cycling charity event which brings hundreds of riders each year.

Bowral is famous for independent strip shopping and many fine restaurants or very casual coffee houses.  The famous Bradman Oval and International Cricket Hall of Fame is a must to visit . Bradman Oval with its white picket fence offers you the opportunity to watch cricket from the soft green grass, bring a picnic. 

Just a short drive through lush country side dotted with vineyards is Bundanoon well known for “Brigadoon” in April. Stop on the way at Sutton Forest and visit Red Cow Farm which is one of the most beautiful gardens in New South Wales, then on to Exeter village general store and cafe for a coffee or lunch. 

The Southern Highlands is under a 2 hour drive from Sydney, but still has a country feel. It offers excellent schools, cafes, fine dining, galleries and the opportunity to live permanently or to purchase a holiday home. Let’s not forget the many beautiful golf courses in the area.

Living the dream on acreage or just a larger property in town is within reach in the Highlands. 

The median price for a home in Bowral is $926,411. The principal of TBAS® Buyers Agents Southern Highlands, Julie Bennett has 30 years experience as an award winning licensed agent and can advise you on the best properties to buy.

 

julie@tbas.livewww.tbas.live/southernhighlands

What’s So Good About Bellevue Hill, Right?

The Suburb of Dreams speaks for itself!

 

You wouldn’t be the first person that has looked at Bellevue Hill and thought what’s so good about this place, why is everyone so enamoured. In fact, Director of TBAS® Buyers Agents, Rodney McLoughlin, a specialist in the Bellevue Hill real estate market is often asked two questions by prospective buyers, ‘what’s so good about Bellevue Hill? and why’s it so expensive?’ And the answer is it is an area that honestly speaks for itself.

 

Imagine waking up every morning and heading out on to your verandah, you breathe in the clean air and look at the picturesque view of Sydney Harbour. The early morning sun is beaming across to warm your face as a gentle breeze sweeps by playing with the leaves of the trees that adorn your garden while the birds sing and seemingly dance past. Sounds like a novel opening doesn’t it … but its actually what residents of Bellevue Hill have on a daily basis.

 

Bellevue Hill is a suburb in New South Wales on the eastern side of Sydney. It got its picturesque name after Irish-Australian immigrants began referring to it as Vinegar Hill in the early 19thCentury, in reference to the Battle of Vinegar Hill which took part in 1798 in Southern Ireland as part of the Irish uprising. The New South Wales Governor took umbrage to this and therefore gave it the name it is today which simply means beautiful view hill. A name that is stunning apt, Bellevue Hill is one of Sydney’s charmingest, most appealing suburbs. Tranquil and sedate it offers stunning views of breathtaking greenery, serene waters and stunning historical architecture.

 

Bellevue Hill has had a number of famous residents walking its streets from Media Moguls such as the Fairfax family and Lachlan Murdoch to the Prime Minister of Australia Sir William McMahon to sports stars such as Chad Morrison and Alan Kippax. However, it is not just the well-known faces that make this area desirable, there are also some famous houses dotted around the area too.

 

One of these residences is Rona Mansion, built in 1883 it is a two-storey Sydney sandstone house designed in the Victorian Gothic Revival style, which recently sold for circa $60 million.

 

One of the most affluent areas in Australia popular with Billionaires, Philanthropists and Surgeons alike, with the median prices of houses in Bellevue Hill costing circa $5.6 million and the median price per square metre of land costing circa $8, 300 you would not be mistaken in thinking this is one of the most expensive places to live in Australia, and there has got to be a reason for that right? so what is it? Simply put Bellevue Hill has so much more to offer than expensive houses and recognisable neighbours.

 

Every residence in Bellevue Hill comes with large private landholdings ranging at around 500 square metres to the Packer compound at some 11,000 square meters, so residents can have neighbours without them being too close giving the best of both worlds of living in a community, but having unreserved privacy which in this day and age is a major plus. As well as this there are the stunning views that property in this area have, as well as the area itself has to offer. Breathtaking  views of Sydney Harbour, Rosebay Marina and beaches, not to mention Cooper Park make Bellevue Hill worth millions of dollars by themselves alone.

 

A major setback of living in a city is having to sit in traffic to get anywhere which in today’sclimate with over 18 million cars on the road in Australia alone it can take what feels like a lifetime to get anywhere, especially on school runs, sports clubs and after-school clubs.

 

There are two of Sydney’s most prestigious schools in Bellevue Hill, Cranbrook School and The Scots College. Both these schools are within walking distance of all the houses in Bellevue Hills which anyone who has ever done a school run will know is a big deal!!

 

Bellevue Hills is the closest Suburb to the Central Business District in Sydney with large landholdings and it also hosts an extensive network of public transport. Being the main commercial centre of Sydney it is responsible for approximately 13% of its regional workforce. Being in this close proximity to the Central Business District, in fact only 5km away it is incredibly easy to commute their via public transport in the form of bus, train, ferry or if being at one with nature is more your thing, you could easily jog or walk it too.

 

As well as being an easy commute for work there are also the benefits of being in close proximity to Sydney Harbour amongst other natural wonders. A short distance from Bellevue Hill is Double Bay, one of the neighbourhoods most stunning harbours. As well as incredible views there are Designer Boutiques for an amazing shopping experience and a wealth of restaurants, late-nightbars and cafes. In the Double Bay area, you will also find Cooper Park a great bushland reserve with a number of walking tracks perfect for a peaceful amble.

 

As well as this Bellevue Hill is only 2 km from Bondi Junction. With Bondi beach close by and a host of landmarks, large shopping mall and great restaurants and bars it is another great location in very close proximity to Bellevue Hill.

 

So as you can see Bellevue Hill is a pricey buy, but the things that you can’t put a price on in life like beauty, nature and tranquillity are just every day occurrences in this suburban heaven.

 

rodney@tbas.livewww.tbas.live

The Art of Negotiation

Buyers Agent Sydney

An experienced Real Estate negotiate can save you tens of thousands of dollars, if not more, providing you a competitive edge over the competition

 

Below are a few key points to consider when negotiating

 

1. Build a good rapport with the selling agent and keep in very close contact with them. You might need them on your side if there is multi buyers

 

2. Avoid participating in silent auctions where there is absolutely no transparency and where your relying on the selling agents ethics to be honest about other alleged offers

 

3. Find out as much as possible about the vendor and their motives for selling

 

4. Establish if the vendor would prefer a long or short settlement and use it to your advantage

 

5. Establish the true market value of the property with recent comparable sales. Get a free property report, which will give you the complete sales & rental history of the property and how long it’s been on the market

 

6. Ask the selling agent to give you the comparable sales they gave to the vendor to establish their price indication

 

7. Don’t tell the selling agent you love the property. Point out a few negatives, which they will probably tell the vendor

 

8. Don’t make low ball offers an upset the agent and vendor, it doesn’t help and just makes them resent you

 

9. Always make your offer subject to the building & pest and re-negotiate the price or get the vendor to rectify any problems

 

10. Never get emotional about a property, there will always been another

 

11. Have a back up property and make sure the agent knows if you don’t get the property at your estimated price you will buy the other property

 

12. Don’t tell the agent this is your last or best offer if it’s not, because they might go and sell it to another buyer without giving you the opportunity to increase yours

 

13. Sometimes is not always about price and if it’s a once in a life opportunity, do what it takes to get it 

 

14. If your offer is accepted, race to exchange contracts before another buyer offers a higher price. The property is on the market until it is exchanged

 

Want to save tens of thousands of dollars on your next property? Use an experienced negotiator from TBAS®

Call us on 02 9363 3239 or EMAIL US
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PO Box 49 Double Bay NSW 1360
P: +61 2 9363 3239 M: 0418 474 304

 

 

Why use a Buyers Agent

Why use a Buyers Agent

Buyers Agents or Buyers Advocates do not sell property and are licensed professionals representing the buyers best interest to secure the right property in a timely manner and at a great price. They are your insurance policy and will definitely save you time, money and stress.

 

 8 Reasons to use a Buyers Agent by Rodney McLoughlin from TBAS®

 

 1. Find a Property Faster - Buyers agents have all the resources at their finger tips to fast track the purchase, including real estate agents, private sellers, developers, solicitors, financiers, etc.

 

 2. Off Market Properties - Buyers Agents have access to every property listed, on and off the market, including private sellers

 

 3. Expert Negotiators - Buyer Agents negotiate properties every day, they know when to offer more money or when the selling agent is lying

 

 4. Independent Advice and Evaluation -  The Buyers Agent is working for you to minimise the purchase price. The selling agent is representing the seller to maximise the selling price

 

 5. Exchanging Contracts - Buyers Agents can stop other potential buyers exchanging contracts before you. The good properties usually have more than one buyer competing for them

 

 6. Auction Bidding - A Buyers Agent will bid on your behalf at auction and plan an auction strategy to eliminate the stress and emotional bidding

 

 7. Pre Approval - Home loans typically expire after 3 months, therefore a buyers agent will give you the best chance of securing a property before it lapses and having to re-apply

 

 8. Investment Properties - They will help clarify your goals by asking crucial questions to maximise you return Eg: Capital growth v’s high yield? Which properties will achieve greater capital growth and is it better to buy a property that is positively geared or negatively geared?

 

Call us on 02 9363 3239 for an obligation-free consultation or EMAIL US
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PO Box 49 Double Bay NSW 1360
P: +61 2 9363 3239 M: 0418 474 304

Auction Bidding Tips

Auction Bidding Service

Auctions can be extremely emotional, knowing how to bid at auction and having the data to support the true value of a property will save you a lot of money.

 

 Below are some invaluable auction bidding tips from TBAS®

 

 1. Have your finances pre approved

 

 2.  Research the local area and real estate market thoroughly, to ascertain the exact value of the property

 

 3.  Get comparable sales from independent sources, not the real estate agent selling the property

 

 4.  Get an independent building & pest inspection

 

 5.  Have your solicitor or conveyancer review the contract for sale

 

 6.  You’re not always required to have a 10% deposit. Negotiate a 5% deposit prior to the auction if beneficial

 

 7.  Organise your deposit, which must be paid directly after the auction. Clarify if a bank cheque is required, if you can use a personal cheque or the new DEFT payment. 

 

 8.  The auctioneer doesn’t have to call the property is ‘on the market’ to sell it

 

 9.  You don’t have to be the highest bidder to negotiate after the auction if it doesn’t sell, however the highest bidder has the first right

 

 10.  Prepare a bidding strategy, bid fast, be assertive and never procrastinate. Don’t look at your partner and debate if you should bid higher, it's a clear signal you are at your limit.

 

 11.  Know your absolute maximum bid and stick to it

 

 12.  Take the emotion out of it & insulate yourself from the selling agents by using a professional  auction bidder from TBAS® Buyers Agents. We are your insurance policy

 

Call us on 02 9363 3239 for an obligation-free consultation or EMAIL US

5 Reasons to buy Property in Sydney

Buyers Agent Sydney
Sydney is the largest, strongest and most expensive property market in Australia. Growth has been so significant over recent years, it’s become a common worry that Sydney property is now overpriced, with many people believing it’s the wrong time to enter or invest in the market. Sydney is one of the most desirable places to live in the world, and there’s no denying that the amount of people looking to buy property is substantially higher than the supply available on the market. This means buying a property in Sydney can certainly be challenging. But, there are plenty of legitimate reasons Sydney is still the perfect place to buy.
1. Capital growth continues
Sydney’s property market has experienced phenomenal growth over the last three or four years. Although the market began to show signs of slowing at the start of 2016, and there was talk of the property bubble coming to an end, investors need not worry, as the figures are still demonstrating clear growth. According to CoreLogic RP Data, dwelling values in Sydney rose by 3 per cent for March, 5.8 per cent over the quarter and 13.9 per cent over the year. Low interest rates and renewed confidence after the election means growth is not expected to end anytime soon, so now is still the perfect time to invest in Sydney.
2. There are still bargains to be snapped up
While strong growth is still being seen in the Sydney property market, it doesn’t apply to all suburbs. There are still some bargains to be had – you just need to know where to look. In the inner city areas, as well as the Eastern suburbs, record prices are being set on a regular basis. But Sydney’s outer ring and western suburbs are not showing the same sort of growth, and still offer opportunities for the astute buyer. Research is key to being able to snap up the right property. Knowing the right suburbs, the right streets, the current infrastructure and any infrastructure planned will give you the clearest view of your options.
3. An apartment boom
Australia is experiencing a monumental apartment boom at the moment – the biggest ever – with more than 270,000 new apartments currently being planned or constructed across the country. More than 88,000 of these will be in Sydney. While extra housing and development can be great in terms of providing better choice for buyers as well as renters, this sort of influx of new apartments can also have some downsides, with a tendency to increase vacancy rates and push rental yields down. Yet these risks are not seen to be relevant to Sydney. The Commbank Property Insights report indicates that the apartments planned in Sydney are spread proportionately across a large number of suburbs, meaning there will be a greater depth to the market, yet without the risk of there being an oversupply of housing, or negatively impacting vacancy rates.
4. There’s no need to hold back for the market to steady
There is a perception amongst many that you should wait for the market to be at its best before you consider buying. But, that’s not necessarily true. If you’re looking to buy property as an investment, and you’re willing to look at it as a long-term investment, it’s not so important whereabouts in the cycle you decide to jump in – it’s more about when you get out. Property value tends to double within a 10 year span, so If you’re prepared to hang on to your investment for a while, you can still make significant capital gains no matter what you paid for it initially. If you’re a first-time buyer, and you’re ready to go with your deposit, don’t hold back. As long as you take the time to really understand what your spending limits are, and don’t overstretch yourself financially, it’s better to jump in now and start reaping the rewards of capital gain, rather than wait till the market steadies or drops.
5. Quality of life!
With some of the world’s most iconic architecture, a thriving city and business centre, funky inner-city suburbs and and countless beachside suburbs to choose from, Sydney offers a quality of life that is hard to beat. In fact, Sydney is officially recognised as one of the best cities in the world to live – placing tenth in the 2016 Mercer Quality of Living ranking, and ranking higher than any other Australian city. So what makes Sydney so special? Sydney is home to one of the most beautiful harbours in the world; it has a fantastic climate that translates to long summers and sunny days, and, as a true multi-cultural city, it has a fantastic arts and culture scene to explore. The food and café culture in particular is outstanding, and each year Sydney puts on a New Year’s celebration that rivals the best in the world. Being surrounded by beaches, Sydney is a city that embraces sun, sea and sand, and it’s a city that offers some of the most special and unique lifestyle opportunities for anyone who lives here.
Be prepared
For many, finding the perfect property in Sydney might seem a daunting prospect, but with the help of a professional buyer’s agent, it’s still possible to find your dream home and not have to pay over the odds for it. Here at TBAS®
we can help you navigate the process from start to finish. We’ll give you valuable insights into the current market trends, help you to understand which suburbs are possible for you to buy in based on your budget, and we can even introduce you to opportunities that are not on the market.
Call us on 02 9363 3239 for an obligation-free consultation or EMAIL US
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PO Box 49 Double Bay NSW 1360
P: +61 2 9363 3239 M: 0418 474 304

Buying Property in a SMSF

Benefits of buying Property in SMSF

​Some of the potential benefits of buying property through a SMSF include the fact that the fund will pay a maximum 15 per cent tax on rent from the property.  On properties held for longer than 12 months, the fund also gets a one third discount on any capital gain it makes upon sale.  The remaining two thirds are then added to the fund’s income and taxed at the funds rate of 15 per cent, effectively providing a ten per cent tax rate.

Also, once fund members start receiving a pension at retirement – assuming they’ve held onto the property this long – they’ll pay no tax on either rental income or any capital gains tax when they sell.

Setting up the SMSF

​If you want  to buy a property in your Self Managed Super Fund (SMSF) it is best to setup the SMSF prior to looking at properties, as the process can be quite lengthy.

​It is important to do your research. A good place to start is The ATO website https://www.ato.gov.au/Super/Self-managed-super-funds/

​There is a company called Squirrel SMSF who I can personally recommend, that will help you set up the fund at a reasonable rate, attend to all your fund’s annual compliance requirements and has established direct arrangements with a number of Lenders allowing clients to easily apply for an SMSF Loan online.

​Rules to consider

There are strict rules governing what money borrowed through an SMSF can be used for.  For example, spending borrowed money on repairs and maintenance is ok, but spending borrowed money on anything deemed to be an ‘improvement’ is not allowed.  While improvements to the investment property are allowed, they must be funded using other money in the SMSF (such as money from member contributions) and not any funds the SMSF has borrowed.

You can NOT purchase your family home in a SMSF, as this would contravene the ‘sole purpose’ test and put your SMSF in danger of non-compliance. Your SMSF needs to be a arms length.

Interested in buying a property in your SMSF?

Get in touch to get started today

Our Fee’s

​After understanding what your needs are, and agreeing on a brief for us to work to, a small retainer fee is payable to engage our services. We also charge a flat rate success fee for properties under $1 million and a small percentage over $1 million,  which is only payable upon the purchase of a property that you love. There are no other hidden costs, and as we are boutique agency, our fees are very competitive.

Call us on 02 9363 3239 for an obligation-free consultation or EMAIL US
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PO Box 49 Double Bay NSW 1360
P: +61 2 9363 3239 M: 0418 474 304

Seven Secrets from a Sydney Buyer’s Agent

Buyers Agent Sydney

Rodney McL Photo Size 2

A  N O T E  T O  S Y D N E Y ’ S  P R O P E R T Y  H U N T E R S
Buying a house is one of the most exciting – and stressful – purchases you can make. I’ve supported hundreds of property hunters through this process and spent years finding ways to make buying the right property easier. I’m also well aware of common mistakes that end up costing people time and money.
So I want to share some of the most valuable things I’ve learned with people like you – buyers and investors who want to make the most of Sydney real estate.
Sydney is home to one of the most competitive, fast-paced and occasionally ruthless real estate markets in Australia. In 2016 alone property prices rose 13.1% according to CoreLogic. That means they rose a whopping 67.3% over the five years between 2011 and 2016.
No wonder then, that for many people looking to buy their first or next property, it can feel like there’s simply no way in….
But there is. So long, of course, as you’re willing to take concrete steps to be more prepared, more informed and more negotiation-savvy than the other property hunters out there. In this guide, I’ll show you how to become all of these things and more.
So, why am I giving away my buyer’s secrets? I’m hoping this information will make your property search that much easier. I’m regularly surprised by how many people don’t put the principles I’m sharing here – many of which should be common sense – into practice. Instead, they get carried away by the emotion and stress of the search.
And of course, I’m also hoping you’ll get in touch with the TBAS – The Buyers Agency Sydney team for our expert advice. After all, our clients rely on our experience, our connections with agents in exclusive areas and our direct access to off-market deals. We’re specialists in Sydney’s Eastern Suburbs and Lower North Shore and we cover every step of the process – from initial research to managing inspections, negotiating the best price, settling contracts, advice on renovating and tracking the value of your property over time.
So take a few minutes to read these tips. It could save you months of heartache and many thousands of dollars.
Here’s the link below to your copy of ‘Seven Secrets from a Sydney Buyer’s Agent’
Call us on 02 9363 3239 for an obligation-free consultation or EMAIL US
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PO Box 49 Double Bay NSW 1360
P: +61 2 9363 3239 M: 0418 474 304

 

 

Waiting for the Sydney Property Bubble to Burst?

Why not taking action could cost you Thousands!
The media often talks about Sydney property as though it’s a bubble – and one that could burst any day soon. It’s a powerful image, the bubble, and one that instills great fear in many would be real estate buyers who have watched property prices rise to record levels over the past few years. But it’s not necessarily an accurate one.
So, if you’re cooling your heels and holding back from buying your next home or investing in Sydney property, you could be costing yourself thousands of dollars. Here’s why.
1. No one knows what will happen next to Sydney property prices
Plenty of educated people have been predicting a fall in Sydney house prices for some time. If you had heeded their advice at the start of 2016 and held off buying in the hope of correction, you would have missed out on an average 13.1% growth across the 12 months according to CoreLogic’s figures. In other words, the property that would have cost you two million at the start of 2016 would have cost $2.262m by the end of the year. That’s the equivalent of more than $5,000 a week.
The reality is that no one can predict exactly when real estate prices will rise and fall or by how much. However, the long-term trend is very much in favour of property prices continuing to rise.
So, if you’re waiting for property prices to fall before taking the plunge, you may be waiting some time… potentially even forever.
2. A property bubble tomorrow? It’s the long-term that matters
Whether you’re buying a home or buying property as an investment, it isn’t what happens in the next weeks, months or even years that matters. It’s what happens in the mid-to-long term.
After all, if you’re buying a place to live in, chances are you won’t want to up and leave anytime soon. If you’re buying property as an investment, looking at spending some time in the market, will give you the chance to capitalise on at least one property cycle. These cycles usually last five-to-seven years.
It’s important to think in cycles because property prices don’t rise and fall uniformly. While the long-term trend for Sydney property is that it tends to go up, it usually does this in short bursts. For instance, if you look at the past decade, Sydney property prices were dipped in 2008-2009, rose sharply in 2010, were stagnant again and the rose sharply (but not uniformly) between 2014 and 2017.
As we said, no one can accurately predict what will happen to the property market. But if you’re in it for the long-haul you should ride out any short-term price dips. Even if you had bought just as the market dipped in 2008, you would still be well and truly ahead now.
In other words, the long-term risk in buying quality Sydney property is low. The great risk is not being in the market at all.

3. Sydney property remains a solid investment

Like all investments, property prices are set by the simple principles of supply and demand: so long as there is high demand and limited supply, property values stay high.
In Sydney, recent demand has been fuelled by a growing population, relatively strong economy and record low interest rates. Meanwhile, while there has been a lot of development recently – especially when it comes to high density apartments – the number of desirable properties on the market in good locations stays constrained. Add to that new transport links being added and the fundamentals look good.
On top of this, the government provides a number of tax incentives – such as a capital gains tax discount and the ability to offset interest repayments on negatively geared properties against income tax. These continue to make property an attractive asset for investors when compared to other options.
And, while there is talk of some of these incentives being scrapped in the future – especially if there is a change of government at the federal level – it’s likely any changes will apply to investors who buy after the change to the law, not before it.
If it’s an investment property you’re after, staying out of the market could mean you miss out on the tax relief other investors enjoy.
What goes up doesn’t always have to come down….
Finally, it’s always worth remembering that what goes up doesn’t necessarily have to come down – especially not over the long term. There are concrete financial reasons to get in as soon as possible.
So, while saving a deposit and doing your research is important. But it can also pay to act before you feel completely ready, even if that just means starting a conversation with a buyer’s agent at TBAS®.
Call us on 02 9363 3239 for an obligation-free consultation or EMAIL US
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PO Box 49 Double Bay NSW 1360
P: +61 2 9363 3239 M: 0418 474 304

First Home Buyers: Don’t miss your chance!

Buyers Agent Sydney
A look at the opportunity cost of waiting to buy.
Is a Sydney home out of reach for first time buyers? The market may be challenging but the costs of not buying now may be higher than waiting to save more towards your deposit.
As a first home buyer it can sometimes feel like you’re faced with an impossible task. How do you break into the competitive Sydney property market before the neighbourhood you want is out of reach? And how do you do it without overextending yourself financially?
Not buying can actually cost you money
The fact is that every week you don’t buy a home has a real cost. June figures from the ABS show Sydney residential property prices rose 14.4% over the year to March 2017. This increase is rivalled only by Melbourne, where prices rose 13.4%. Meanwhile, Brisbane prices rose just 3.5% and Perth prices were actually down by the same margin.
While some financial forecasters have since started talking about a ‘correction’ to Sydney property prices, the reality is that this change will be gradual and won’t affect many of the city’s more desirable locations across the east and north shore. With Sydney’s median property price now at just over $1 million, even another 10% increase by mid-2018 could end up costing buyers another $100,000, which equates to just under $2000 every week.
Could ‘rentvesting’ be your answer?
The ‘rentvesting’ strategy is steadily gaining traction with savvy first time buyers who want the best of both worlds. These buyers are purchasing investment properties in less expensive areas like Parramatta, the inner west and Sydney’s south, while continuing to rent much closer to the CBD.
This strategy not only allows first time buyers to start paying off their mortgage sooner, it also has potential tax benefits. If the rent you charge is less than the actual cost of owning your investment property after factoring in mortgage repayments and other fees, your property is ‘negatively geared’. This means a much bigger deduction to your tax bill.
Rentvesting also gives you time to use your investment property to build equity (the difference between what your property is worth and how much is left owing on your mortgage). When it comes time to buy your next property, your equity will be a factor that could make a big difference to the amount you can borrow, especially if your investment property has increased in value.
Consider the mortgage insurance factor
Many first time buyers are so focused on building towards a 20% deposit they forget about the option of using Lenders’ Mortgage Insurance (LMI). LMI allows you to borrow up to 95% of the purchase price by paying an extra fee that protects the lender if you default on your repayments.
Adding another cost to an already expensive home loan doesn’t appeal to everyone, but when you consider that you don’t have to pay Lenders Mortgage Insurance upfront, along with the fact that it could help you step onto the property ladder months or even years sooner, LMI becomes a much more compelling option.
Key first home buyer strategies
Along with rentvesting and LMI, keep these key strategies in mind when you start to seriously consider your first property purchase:
  • Prepare your budget and get home loan pre-approval so you can arrive at auctions and inspections completely prepared.
  • Find out about stamp duty concessions. NSW has now abolished stamp duty for homes up to $650,000 and offers concessions on homes up to $800,000.
  • Enlist the help of a buyer’s agent, especially when aiming to buy in a highly competitive area.
The Sydney real estate market is definitely challenging for first home buyers, but getting onto the property ladder isn’t impossible with the right strategies in place.
Call us on 02 9363 3239 for an obligation-free consultation or EMAIL US
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PO Box 49 Double Bay NSW 1360
P: +61 2 9363 3239 M: 0418 474 304

 

Is buying ‘Off the Plan’ a good idea?

Buyers Agent Sydney

What you need to know when considering a new build apartment.

Thinking of buying off the plan? Look beyond the marketing campaigns to consider the real pros and cons of an off the plan property.

There are plenty of arguments in favour of buying off the plan, whether you’re looking for your first property or planning to downsize. But along with the convenience and control comes a degree of risk. Here are the pros and cons to consider when buying off the plan.

Positives of buying off the plan

There are some real positives for Sydney buyers looking at off the plan apartments, with location top of the list. Buyers willing to compromise on size are often able to buy into the suburb they really want, dramatically reducing their commute. New apartment complexes are currently transforming Sydney’s CBD, but even in more family friendly areas like Randwick, North Sydney and the inner west we’re seeing plenty of new build activity.

Control is another big advantage for off the plan buyers. Often you’ll have a direct say in your apartment’s fittings, colour scheme, and be able to choose from a range of floor plans. You may also have more control when it comes to financing as many developers only require a deposit to hold your property until the build is complete.

Price is usually the other deciding factor for buyers considering off the plan properties, as developers tend to set their prices slightly below the local market average. The right price will be particularly compelling if you’re a first home buyer aiming to gain a foothold on Sydney’s highly competitive property ladder.

The downsides: Is off the plan worth the risk?

As with any property decision, it’s not all upside when it comes to buying off the plan. Some of the biggest risks for buyers include:

  • Depreciation: While your property may increase in value over time, external market factors such as oversupply can leave you with a property that’s less valuable than when you bought it. Research your market and get expert advice before you buy to guard against this.

  • Delays: Even the most organised developers will face delays on a new build. The question is whether this delay only amounts to a few weeks or months, or balloons into a number of years before you can actually move in. Check your contract for the ‘sunset clause’ to find out exactly how long your developer has before they’re legally bound to complete the build.

  • Not what you paid for: The biggest risk for buyers is ending up owning an apartment that has defects or doesn’t match up to the image the developers promised. It’s important to protect yourself by researching your developer and looking closely at your contract before you sign to make sure you’re protected if something does go wrong.

The alternatives to off the plan apartments

If the risks of buying off the plan seem too great, the good news is that there are still plenty of older apartments across Sydney’s east, lower north shore and the inner west to consider. There are character filled art deco apartments, or older, well-built, walk-up style blocks built between the 1960s-80s. There’s no trouble with oversupply, and while they’re in smaller blocks, these apartments can be just as spacious or even bigger than their newer neighbours, with the added advantage that you can see (and touch) exactly what you’re buying.

Call us on 02 9363 3239 for an obligation-free consultation or EMAIL US
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PO Box 49 Double Bay NSW 1360
P: +61 2 9363 3239 M: 0418 474 304

How a Buyer’s Agent can help you downsize

Buyers Agent Sydney

Your guide to common challenges and solutions for Sydney downsizers.

Downsizing offers the chance for buyers to liquidate cash and gain lifestyle benefits as they move into a smaller property. But there are also challenges, especially when buying in Sydney’s more competitive markets. Here’s your guide to the difference a buyer’s agent can make when downsizing.

The market challenges for downsizers

Many Sydney downsizers are looking for a property that offers the full range of lifestyle benefits. They’re focused on 2-3 bedroom apartments in sought-after locations such as the eastern suburbs or lower north shore, ideally with courtyards or generous balconies. Townhouses and terraces in these areas are also increasingly popular due to the fact that they offer a low-maintenance property with an added degree of privacy.

While properties that meet these criteria do exist, downsizers routinely face challenges in terms of:

  • Quality: Hasty new developments are common, along with apartments and townhouses that require extensive renovation.

  • Price: Those who own high quality properties know they have the upper hand and tend to price accordingly.

  • Supply: When reasonably priced, quality properties do enter the market, savvy buyers move in quickly – sometimes before a public campaign has begun.

  • Hidden costs: Even with the government’s new $300,000 super contribution incentive for older retirees selling their family home, there are plenty of other costs involved in downsizing including legal fees, stamp duty, moving costs and strata/body corporate charges.

Why off-market sales matter in Sydney

In this tightly held section of the Sydney real estate market, having access to off-market sales through a buyer’s agent opens up a much wider range of opportunities. Buyer’s agents have knowledge of properties that are about to be advertised (pre-market sales) along with access to multiple real estate agencies databases of sellers who are only willing to negotiate privately (off-market sales). As a downsizer, a buyer’s agent not only gives you direct access to these sellers, but also supports you in your negotiations for the best possible sale price.

How a buyer’s agent saves time and money

Experienced buyer’s agents understand that their role is to listen to the specific needs of their client, save them time by shortlisting only appropriate properties, and save them money through expert negotiations with the seller. They also know that downsizing can be advantageous for buyers across all areas of the market – it’s not just a strategy for high-end buyers.

Due to their knowledge of the downsizing process, buyer’s agents can also provide advice on common areas of concern, such as:

  • Is a unit or townhouse a good investment overall?

  • Which markets should I focus on for maximum capital growth?

  • What are the fees and levies I need to be aware of? E.g. How much should I expect to pay in body corporate fees?

  • How do I deal with practicalities like timing my sale/next purchase, negotiating settlement and storing my possessions in the interim?

Downsizing in Sydney can be daunting, but with the right agent in your corner it can also lead to increased financial freedom. For advice on your next move

 

Call us on 02 9363 3239 for an obligation-free consultation or EMAIL US
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PO Box 49 Double Bay NSW 1360
P: +61 2 9363 3239 M: 0418 474 304