Palerang Region Property Report S P R I N G 2 0 2 2 Courtesy of Ray White Bungendore
Contrary to much of the media around the property market, business has been brisk for us. We have managed to sell 52 properties from January to October and have another 12 under offer at time of writing. Our notable activity this quarter includes: • A record breaking price in King Street for a light industrial property • A 6.6Ha development site in Michelago sold at auction with service station and motel plus DA approval for 18 block subdivision • 3 off market sales in Bungendore - Forster Street, Chinnery Close & Bluskie Close. Industry data companies announced in October that since March 2022, prices throughout regional NSW have been climbing - specifically confirming the lowest point in the regional NSW market was March 22. None of this is happening at a meteoric pace but it is happening, and our sales activity is proof our area is holding its own. Meanwhile, it’s time to get behind some gift giving. As in previous years, Bungendore Rotary, Bendigo Bank and both the Anglican and Catholic churches are looking to improve our community’s Christmas. If you can donate a gift you can be sure it will brighten someone’s day. Let’s get giving, Palerang! Gifts can be dropped off to Bendigo Bank. The drought and the fires - followed by Covid and now the never ending rain – keep on keeping on as the holidays are nearly here. Ray White Bungendore wishes you and those near and dear to you a safe and happy holiday period. Merry Christmas! WHAT’S HAPPENING IN OUR MARKET?
Are you curious to know the new value of your property in today’s market? Request a free market review and we’ll provide you with an area profile, recent sales and listing activity and more. Ray White Bungendore 10 Malbon Street, Bungendore NSW 2621 Doug Merriman 0419 999 001 doug.merriman@raywhite.com HOW MUCH IS MY PROPERTY WORTH? Contact us to arrange your obligation free market appraisal 6238 0700 | bungendore.nsw@raywhite.com SAMPLE SAMPLE SAMPLE Ellie Merriman 0402 117 877 ellie.merriman@raywhite.com
OUR RECENT SALES IN YOUR AREA SOLD $2,300,000 SOLD $1,135,000 SOLD $1,700,000 SOLD $1,215,000 SOLD $1,135,000 SOLD $785,000 Ryrie Street, Michelago 4 Chinnery Place, Bungendore 5 Elmslea Drive, Bungendore 6 Hereford Street, Bungendore 7 Keeffe Place, Bungendore 8 Goulburn Street, Tarago
SOLD $1,200,000 SOLD $1,455,000 SOLD $1,375,000 SOLD $865,000 SOLD SOLD $2,200,000 20 Simms Drive, Bungendore 71 Wyoming Road, Bywong 114 Roseview Road, Tarago 250 Sandhills Road, Mount Fairy 410 Macs Reef Road, Bywong 39 King Street, Bungendore
UNDER OFFER UNDER OFFER UNDER OFFER UNDER OFFER UNDER OFFER UNDER OFFER UNDER OFFER 5 Woolshed Lane, Bywong 34 Hyland Drive, Bungendore 176 Macs Reef Road, Bywong 264 Joe Rocks Road, Bungendore 812 Norton Road, Wamboin 16 Ricketts Place, Bungendore
A WORD FROM OUR CLIENTS Highly impressed “My wife and I had an extremely pleasant experience dealing with Ray White Bungendore and in particular Ellie and Ava, when we came to selling our family home and purchasing our dream block. We were able to get a great price for our home in an extremely short period of time. We were mostly impressed with their professionalism and communication throughout the whole process as well as guidance and advice to achieve the outcome we were after. I strongly recommend Ray White Bungendore to anybody looking to buy or sell property.” Matt Williams, Wamboin Exceptional dedication “I found the team at Ray White Bungendore to be exceptional. Their dedication and commitment to the sale of my property took all the stress away, and I was able to move forward with confidence. A big THANK YOU to Doug, Ellie, Ava and Sally.” Brian, Tarago Very helpful “Ellie and Ava were great for buying our first home. They kept us informed throughout the process and guided us through each step we needed to take. I would recommend Ray White Bungendore to anyone.” Rebecca, Karabar
Ray White Bungendore 10 Malbon Street, Bungendore (02) 6238 0700 bungendore.nsw@raywhite.com raywhitebungendore.com.au Doug Merriman Principal/Sales Licensed Real Estate Agent 0419 999 001 doug.merriman@raywhite.com Ellie Merriman Principal/Sales Licensed Real Estate Agent 0402 117 877 ellie.merriman@raywhite.com Sally Hughes Office Manager Licensed Real Estate Agent (02) 6238 0700 sally.hughes@raywhite.com Kate Bender Administrator (02) 6238 0700 kate.bender@raywhite.com Ava Merriman Client Services (02) 6238 0700 ava.merriman@raywhite.com YOUR RAY WHITE TEAM
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