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Welcome to Ray White - Batemans Bay
| Address: | Shop 1, 8 North Street BATEMANS BAY 2536 |
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| Phone: | (02) 4472 3122 | |
| Fax: | (02) 4472 3188 | |
| Email: | batemansbay.nsw@raywhite.com | |
| Principal: | John Haslem |
Auction 4 Action!
14 Properties to be sold under the hammer
Best opportunity for smart buying
at this end of financial year clearance
4th July 2009
5:30pm for 6:00pm start
Catalina Country Club, Beach Road Batemans Bay
Come with us and enjoy the benefits and experience of double exposure with our two offices, five sales staff, two permanent property managers, one holiday property manager, and a marketing and administrative team of eight.
For in depth market information or for a free, no-obligation market appraisal anywhere within the Batemans Bay area, contact your local specialist area manager...
John Haslem
Principal
Area specialist Lilli Pilli, Malua bay
0418 514 399
Caryl Haslem
Prestige Property + Marketing
Area specialist Rosedale, Guerilla Bay
0418 564 599
Kate Shaw
Area specialist Surfside,
Batemans Bay, Catalina, West Batehaven
0409 743 332
Melissa Williams
Area specialist Tomakin,
Mossy Point, Broulee
0408 253 481
Elise Harrington
Area specialist Sunshine Bay,
Denhams Beach, Surf Beach
0427 950 765
THE SOUTH COAST REAL ESTATE MARKET
In talking to people who visit Batemans Bay we find there is a general belief that the real estate market is depressed and oversupplied. This is the case for subdivisional land but not so for all other types of property. There is always holiday property on the market at inflated prices with unmotivated sellers.
FACTS
Looking at Houses, Units and Rural properties Prices of properties sold have remained steady over 2004, 2005, 2006, 2007 and early 2008 Most prices are in fact higher than for 2002 and 2003, the peak of the boom was Oct 2003.
The number of properties being sold has gradually increased over the same period (except for the second half of 2008) but not at the numbers seen in 2002 and 2003 when the market went mad in 2002/03
Homeprice Guide publishes data obtained from the NSW Land Titles Office for settled sales registered in the Titles Office
Looking at Houses, Units and Rural properties settled in postcode 2536 (rural is included as in our area these are predominantly larger semi suburban rather than farms):-
RESIDENTIAL
Year Number Median Price
2002 749 $191,000
2003 784 $284,000
2004 472 $339,000
2005 503 $322,000
2006 532 $330,000
2007 619 $341,000
2008 500 $330,000
LAND
Year Number Median Price
2002 280 $85,000
2003 482 $118,000
2004 342 $185,000
2005 104 $184,000
2006 150 $150,000
2007 130 $165,000
2008 132 $135,000
Waterfront sales of both land and resdifential have shown price increases over the whole period. There are only a handful of vacant waterfront blocks remaining. Sales over $1million run at around 8 each year - although these have been few since mid 2008.
Ray White BATEMANS BAY is still increasing its market share and most of our sales are at new highest prices for their location. We do have some bargains for the bargain hunters!!
