PYMBLE Y E A R I N R E V I E W 2 0 2 2 Courtesy of Rowan Lazar – Ray White Upper North Shore
If 2021 was the Goldilocks year of intense competition with properties selling in a few days and the market growing by 23%, 2022 has been the year of rapid interest rate rises and cost of living pressures that has slowed the selling cycle and cooled the market at different levels across the city. But Pymble has completely bucked the trend and is currently the most robust suburb for selling properties in the entire city – that’s out of 658 suburbs. WHAT’S HAPPENING IN OUR MARKET? The time it takes to sell a home is one way to measure the health of the market. For greater Sydney it took an average of 52 days for a property to sell in the 3 months to October, which was significantly higher than the 26 days for the same period in 2021. But whilst the market as a whole is slowing down, Pymble isn’t. In fact, Pymble, along with Balmain, is the fastest selling suburb in all of Sydney taking just 24 days to sell a home in the last 6 months. And interestingly, West Pymble is in second spot. The median selling price is another way to track the health of a market. In 2022 the median Pymble house price is up by 13% on last year. The contrast with other parts of Sydney is simply astounding and goes to show that properties in enviable suburbs (like Pymble) on large blocks close to the best schools with easy access to rail and shops will sell well even in tougher conditions. And having the privilege of listing and selling 32 homes in Pymble this year with an average sale price of $3.7m, I can assure you that the market is still in very good shape even if the media says otherwise. As I concluded in my 2021 end of year report, accurately predicting the market is impossible. It often does the exact opposite of what we think. But what we do know is that despite the mixed results that are being reported across media platforms about the health of the property market, the undeniable fact is that 2022 has been a very good year for Pymble property. Rowan Lazar 0412 329 789 rowan.lazar@raywhite.com
Source: Domain Pricefinder 1 January - 20 December 2022 FAST FACTS PYMBLE 2022 2021 5. 6. BEST SELLING MONTHS #1 AGENT #1 AGENCY Rowan Lazar Ray White Upper North Shore 21.2% individual market share 22.6% market share + MARCH NOVEMBER 2022 PYMBLE NUMBER 1 1. NUMBER OF HOUSE SALES 2022 2021 2022 2021 2022 2021 146 $3,250,000 $3,264,744 176 $3,160,000 $3,270,307 3. 2. MEDIAN HOUSE SALE PRICE AVERAGE HOUSE SALE PRICE $15,000,000 2 Ganmain Road Pymble HIGHEST HOUSE SALE PRICE 4.
2022 HIGHLIGHT SALES BY ROWAN LAZAR SOLD $4,420,000 SOLD $5,000,000 SOLD $5,800,000 SOLD $6,100,000 SOLD $4,300,000 SOLD $4,250,000 SOLD $4,620,000 SOLD $6,000,000 4 Kulgoa Road, Pymble 3 Carinya Road, Pymble 17 Fitzroy Avenue, Pymble 77B Telegraph Road, Pymble 12 Elgin Street, Gordon 4 Bradford Street, Pymble 25 Reservoir Road, Pymble 48 Telegraph Road, Pymble
Sale Date Address Sale Price 01/02/2022 3 Glen Road, Roseville $3,050,000 03/02/2022 1 Royston Close, Pymble $4,180,000 15/02/2022 31 Bungalow Avenue, Pymble $3,900,000 19/02/2022 4 Kulgoa Road, Pymble $4,420,000 24/02/2022 17 Woodlands Avenue, Pymble $3,200,000 26/02/2022 12 Mayfield Avenue, Pymble $2,950,000 11/03/2022 76 Pymble Avenue, Pymble $3,400,000 17/03/2022 3 Carinya Road, Pymble $5,000,000 23/03/2022 17 Fitzroy Avenue, Pymble $5,800,000 24/03/2022 77B Telegraph Road, Pymble $6,100,000 25/03/2022 17 Bobbin Head Road, Pymble $2,875,000 25/03/2022 17 Orchard Street, Pymble $3,408,889 30/03/2022 38 St Andrews Drive, Pymble $3,460,000 02/04/2022 9 Albion Avenue, Pymble $2,702,000 02/04/2022 12 Elgin Street, Gordon $4,300,000 05/04/2022 15 Orchard Street, Pymble $3,508,900 13/05/2022 87 Beechworth Road, Pymble $3,200,000 23/05/2022 4A Reynolds Street, Pymble $3,300,000 24/05/2022 3 Wellesley Road, Pymble $4,000,000 27/05/2022 43 Boolarong Road, Pymble $3,750,000 28/05/2022 4 Bradford Street, Pymble $4,250,000 08/06/2022 25 Reservoir Road, Pymble $4,620,000 14/06/2022 1 Dalrymple Crescent, Pymble $2,866,000 17/06/2022 101/23-29 Gilroy Road, Turramurra $1,980,000 21/06/2022 78 Mona Vale Road, Pymble $2,350,000 25/06/2022 14 Illawong Avenue, Riverview $2,810,000 16/07/2022 1C Berry Park Way, Mt Colah $1,011,000 21/07/2022 2 Raglan Street, Turramurra $2,500,000 06/08/2022 40 Merrivale Road, Pymble $2,850,000 02/09/2022 302/23-29 Gilroy Road, Turramurra $1,650,000 27/09/2022 BG02/5-7 Telegraph Road, Pymble $1,610,000 29/09/2022 402/23-29 Gilroy Road, Turramurra $1,750,000 01/10/2022 4/700 Pacific Highway, Killara $1,440,000 11/10/2022 48 Telegraph Road, Pymble $6,000,000 14/10/2022 202/23-29 Gilroy Road, Turramurra $1,650,000 14/10/2022 4 Selwyn Street, Pymble $4,008,000 15/10/2022 308/657 Pacific Highway, Killara $676,000 27/10/2022 21 Orana Avenue, Pymble $3,520,000 15/11/2022 2 Bannockburn Road, Pymble $3,250,000 18/11/2022 16 Greenway Drive, Pymble $3,400,000 02/12/2022 12 Vista Street, Pymble $3,400,000 03/12/2022 26 Cameron Road, Pymble $3,450,000 03/12/2022 11 Albion Avenue, Pymble $2,315,000 ROWAN LAZAR’S 2022 SALES
HELPING YOU IS WHAT WE DO Selling your property is stressful at the best of times and is something you may do only once or twice in your life. We do it every day. One of the trickiest parts is preparing your property for sale, knowing what to do to your home to add value and what to avoid. Sourcing and managing all the tradespeople to do the work is the next challenge, and with many moving parts it can be an overwhelming task. This is where my team and I excel. If you have been reading my communications over the years, you will know I readily share my list of trusted local trades people. These are the people I call in when my clients want to put our pre-sale preparation advice into practice. The most recent example of this is 11 Albion Avenue, Pymble, a 1960’s built home that was well cared for but in original condition. Our client agreed their family home needed to be rejuvenated and modernised in order to showcase the property’s many features, and most importantly maximise the potential sale price. We called in our team of trades, working closely with our vendor as we sourced quotes and then project managed painters, kitchen designers, floor sanders, electricians and stylists. The pictures and the results speak for themselves. Not every home requires this level of detailing, but we are always onboard to advise and work with you as much or as little as you’d like, because helping you is what we do! Before During After
OUR TRUSTED PRE-SALE PREP TEAM ARBORIST&TREE REMOVAL Adam Barnes | 0415 463 647 Steve Vogel | 0407 894 153 BUILDER/ALL TRADES Steave Ham | 0401 011 213 Ray Song | 0426 259 909 info@cubicproperty.com.au CONVEYANCERS Penny Fraser | 0416 349 161 penny@pennyfraser.com.au CARPET&FLOORING JBA Carpet Court Adrian Lengkeek | 0418 227 430 Carpet Choice Alastair Jones | 0411 454 556 CLEANER Anthony Farrar | 0411 845 894 DE-CLUTTERING&DOWNSIZING Lynne Bartlett | 0414 988 919 packandunpacky@gmail.com ELECTRICIAN Bruce Bewley | 0403 703 100 FENCING Sydney Frameless Glass Danny | 0412 425 707 FURNITURE&HOUSEHOLDGOODS DONATION Marion | 0432 527 185 GARDENING&LANDSCAPING John Lees | 0497 603 894 Paul Kavanaugh | 0414 982 229 HANDYMAN Joe Gallo | 0417 894 512 HOUSE&PRESSUREWASH Michael Webb | 0418 969 257 Anthony Glynn | 0405 615 728 OVENCLEANER Elegance Oven Cleaning | 1300 353 840 PAINTER Steave Ham | 0401 011 213 Ray Song | 0426 259 909 info@cubicproperty.com.au PEST&BUILDINGREPORT www.beforeyoubid.com.au | 1300 253 761 Select VM3 report option PLUMBER Mr Nice Plumbing Charlie | 0419 747 626 POOL FENCE INSPECTION/COMPLIANCE Certified Pools Granville Harris | 0414 880 374 Miss Dolphin Julia Xu | 0424 165 168 POOL COMPLIANCE RECTIFICATION Luke Jones | 0414 522 127 POOLMAINTENANCE Able Pools | Lucas I 0414 949 827 REMOVALISTS Jeff Kuilder | 0423 890 343 SOLICITOR John de Mestre | 0418 860 690 david@jdemco.com.au STYLING Coco Republic Jenny Conroy | 0451 631 641 Advantage Vanessa Laman | 0414 847 320 Furnish & Finish Suzie Kainer | 0447 720 747 DISCLAIMER: Engagement of these suppliers is directly between vendor and supplier and does not involve any financial relationship with the Agent. Due diligence is encouraged.
A WORD FROM MY CLIENTS Rowan Lazar 0412 329 789 rowan.lazar@raywhite.com 39 Hill Street Roseville NSW 2069 18 Railway Avenue Wahroonga NSW 2076 Shop 2, 237 Mona Vale Road St Ives NSW 2075 raywhiteuppernorthshore.com.au Ray White Upper North Shore | 9489 7474 | 9489 1961 Head Office: 2 Turramurra Avenue, Turramurra NSW 2074 45-47 Hunter Street Hornsby NSW 2077 Excellent outcome at auction “I engaged Rowan Lazar to sell our very out-dated 64 year old family home. Professional, honest and enthusiastic with no problem too difficult to solve, I chose Rowan as I knew he was very familiar with the area. Imaginably, there was a lot of emotion involved in such a process. Rowan’s delicate yet honest advice was to renovate, to present once again a welcoming family home to market. Rowan’s sales assistant, Giselle Perry held my hand throughout the journey. Giselle organised and coordinated all the tradespeople and the superb styling; nothing was a challenge for her. Her enthusiasm was infectious and her eye for detail was really appreciated, without Giselle I wouldn’t have made it to the finish line. Rowan’s communication with me was excellent, and he was always realistic about expectations. Rowan’s approach is honest and trustworthy and he achieved an excellent outcome at auction.” SUSAN – 11 ALBION AVENUE PYMBLE Nothing but praise and gratitude “We have nothing but praise and gratitude for the way Rowan, Giselle and Stuart managed the recent sale of our family home. We first met Rowan and Stuart at an open house in our neighbourhood and were very impressed with their professionalism and integrity. Giselle was an amazing support to us during the preparation of our home prior to sale. Rowan is an excellent communicator and we always felt he had our best interests at heart. We would highly recommend team Lazar!” LISA AND GARY – 48 TELEGRAPH ROAD PYMBLE Super impressed “We chose Rowan as our sales agent based on his proven track record, and he has demonstrated why he is the top agent in the upper north shore. We were super impressed with Rowan’s negotiation skills, teamwork, attention to details, and market knowledge. Rowan is so thoughtful and empathetic, so he managed to find us the perfect buyer for our house, achieving a win-win situation for both sides. If you are thinking of selling, Rowan is definitely the best man for the job!” DEJONG – 4 SELWYN STREET PYMBLE Proud Community Partners
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