Beach & Bay's Real Estate Blog » Sutherland Shire Real Estate

Real Estate Auction Series – Intro

Kylie Emans — Fri, 09 Jul 2010 05:23:45 +0000

Starting on Monday 12^th July, I am beginning a 4 week series covering all aspects of auctions. Beach & Bay Realty tracks auctions in the suburbs of Cronulla, Woolooware, Burraneer, Caringbah, Caringbah South, Lilli Pilli and Dolans Bay every week and from this we receive lots of questions from the public on various aspects of the auction process. In the following weeks I will endeavour to throw some light on the often perceived daunting process of an auction campaign and answer some of your questions. If there is anything specific you would like me to cover please email me at kylie@beachandbay.com.au or leave a comment.

When you have been in the industry as long as I have you tend to live and breathe real estate so it’s sometimes easy to forget that buyers and sellers may be completely new to auctions, are scared of the thought and don’t know the jargon. The point of this auction series is to write things out in plain and simple terms – and to state the taken for granted knowledge I’ve gained from experience.

If you disagree with anything I write please make a comment or email, I am open to other view points and definitely open to discussion. Some of the topics to be covered will be:

Auction Vs Private Treaty? – How do you choose whether to put a price on your property or go to auction?
Do you know what a vendor bid is?
How much is an auctioneer?
Onsite VS In-room auctions?
Does an auction campaign cost more than private treaty?
Bidders guide for auction day
The difference between a vendor bid and the reserve
When is the reserve set?
Can an auctioneer knock back my bid?
Auctioneer VS Agent? Their role on auction day
Unconditional, 66W and cool off exchanges

My qualifications:

I am a Licensed Real Estate Agent and I have been selling real estate for 14 years. I am also a fully licensed, non practising Auctioneer!

Auction Success Amongst Sleep Deprivation & Politics!

Kylie Emans — Tue, 29 Jun 2010 05:58:15 +0000

The 57% clearance rate (8 out of 14 auctions sold) last week doesn’t reflect some of the excellent prices achieved in the postcodes of 2230 & 2229 (Cronulla, Woolooware, Caringbah, Burraneer, Dolans Bay & Lilli Pilli).

102 Turriell Point Road Lilli Pilli selling for $200,000 over the reserve and 4 Judd Street Cronulla with a selling price of $1.428mil reflects a solid market, lacking in supply.

The real estate market has been overshadowed in the news with the change of Prime Minister, and mid way through the football World Cup, everyone is sleep deprived and a little grumpy, but when politics settles down and the World Cup is over – stand by for the real estate market to hit the news headlines again!

(But let’s face it – it is quite easy to get distracted in times like these…..)

Auction Clearance Lows – Record Sales

Kylie Emans — Tue, 08 Jun 2010 01:38:16 +0000

There is no doubt the market has cooled but out of the 8 sales from 17 auctions in the suburbs of Cronulla, Woolooware, Burraneer, Caringbah & Lilli Pilli last week there were some great sold prices. For example – 81 Mirral Road, Lilli Pilli bought last year in October for $1,075,000 sold on Saturday 5^th June for $200,000 more. $200,000 in less than 12 months is a good earn!

In the current climate, uncertainty in politics and the economy seems to be ruling the day. The 47% auction clearance rate in our area is an indication of this. Until an election is called this could be the way it is.

Auctions Falter

Kylie Emans — Tue, 01 Jun 2010 23:13:48 +0000

The auction market has been steaming ahead since February this year with clearance rates often in the 80% range. Last week this all came to a grinding halt in our area with a clearance rate of 12% or 2 out of 12 (with one of these properties selling prior to auction). Sydneywide the clearance rate was 64% according to Home Price Guide.

History repeats itself, 6 rate rises in quick succession, a new property tax, global uncertainty, volcanoes erupting, share market meltdowns, diabolical oil spills… And we are surprised that people are hesitating to buy or sell real estate?

New listings, Open House Times

Rachael Lord — Fri, 28 May 2010 03:56:30 +0000

Beach & Bay Realty has two new listings that we are proud to present and a whole bunch of open houses tomorrow Saturday 29^th May so I thought I would set them all out in a blog.

NEW LISTINGS

4 Loch Lomond Crescent Burraneer (Images 1 & 2)

An exclusive 5 bedroom waterfront in Burraneer. Situated on a huge 917m2 block commanding stunning panoramas – just imagine your summers spent here!

1 Lilli Pilli Point Road Lilli Pilli (Images 2 & 3)

As new, 3 bedroom architecturally designed home with luxury inclusions such as in-ground pool.

OPEN HOUSES

307 Woolooware Road Burraneer 11:00 – 11:30am
111 Kangaroo Point Road Kangaroo Point 12:00 – 12:45pm
107 Kangaroo Point Road Kangaroo Point 1:00 – 1:30pm
1 Lilli Pilli Point Road Lilli Pilli 2:00 – 2:30pm

This Week: Open For Inspections

Rachael Lord — Mon, 10 May 2010 06:02:11 +0000

Beach & Bay Realty are proud to present the following properties open for inspection this week;

1. 669 Port Hacking Road, Caringbah South with Kylie Emans

This original 2 bedroom house is going to auction this Saturday 15th May at 10am.

The last open house before the auction will be held Wednesday 12th May 10:00 – 10:30am.

2. 307 Woolooware Road, Burraneer with Natalie Vials

This exceptionally private 3 bedroom townhouse with modern inclusions is for sale by private treaty.

The next open house will be held Saturday 15th May 11:00 – 11:30am.

3. 111 Kangaroo Point Road, Kangaroo Point with Kylie Emans & Natalie Vials

This 4 bedroom executive house enjoys waterviews of the Georges River & enjoys lifestyle inclusions such as plunge pool, wine cellar, outdoor spa. For sale at $2.1mil

The next open house will be held Saturday 15th May 12:00 – 12:45pm.

4. 107 Kangaroo Point Road, Kangaroo Point with Natalie Vials

This outstanding 4 bedroom Sammut Development waterfront is for sale at $3.45mil.

The next open house will be held Saturday 15th May 1:00 – 1:30pm.

669 Port Hacking Road, Caringbah South

Rachael Lord — Mon, 19 Apr 2010 00:13:29 +0000

Kylie Emans is proud to present this original 2 bedroom house in Caringbah South. With a generous landsize of 695m2 approx and a 15.54m approx frontage, this property has enormous potential. For more information please see here.

669 Port Hacking Road, Caringbah South

BEACH & BAY REALTY 9527 0008

Auction Date: 15th May 2010 @ 10am. (On-site)

Drift Cronulla – Courtyard Apartment

Rachael Lord — Fri, 16 Apr 2010 05:52:59 +0000

‘Drift’ Apartments by Sammut Developments is a ground breaking boutique block in central Cronulla. The luxury apartments have sparked a lot of interest from Cronulla and Sutherland Shire residents and out of area buyers.

I haven’t written about Apartment 1 yet so I wanted to introduce everyone to this amazing courtyard apartment (luckily its one of the few still available with 75% sold).

This is arguably one of the biggest (and best!) courtyard apartments in Cronulla – comparable to the sizes of Sydney penthouses, enjoying a massive 440m2 in total. With an expansive deck and timber feature wall, landscaped gardens and fabulous indoor/outdoor integration, this is an apartment that offers loads of space and natural light.

Everything is at your door at Drift. Cronulla Mall is literally seconds away with banks, supermarkets, chemists, green grocers, clothing shops, post office and doctors all available. Cross the road to HAM the café opposite, dine at many of the restaurants in Cronulla St, and walk to North & South Cronulla beach and The Esplanade.

Natalie Vials and Kylie Emans proudly present Drift Apartments Cronulla by the Sammut Developments.

Natalie Vials 0433 111 319

Kylie Emans 0418 690 317

www.beachandbay.com.au/drift

Beach & Bay Realty Database

Rachael Lord — Tue, 13 Apr 2010 23:28:55 +0000

Are you looking for something particular in a property?
For example, do you ONLY want to live in North Cronulla, Caringbah South or Dolans Bay (no where else in the world!).
Do you need 3 bedrooms and 3 bathrooms and a pool?

Please let us know. Whatever the request, even if it is rare, we will keep an eye and an ear out for you and try and find you something suitable.

I often get emails from buyers who want to be put on our database so please feel free to email, call or drop into the office and tell us what you NEED.

107 Kangaroo Point Road, Kangaroo Point

Rachael Lord — Fri, 19 Mar 2010 02:16:59 +0000

Just wanted to share this stunning waterfront property in Kangaroo Point.

107 Kangaroo Point Kangaroo Point

Please contact Natalie Vials on 0433 111 319 for more information.