Riding high on a roller-coaster KYLIE DULHUNTY MCGRATH Estate Agents logged a record $5.7 billion in residential sales in the past financial year, with McGrath Hunters Hill among the leading offices. In the year to June 30, McGrath Estate Agents sold 5993 properties worth $5.7 billion, the highest in its 23-year history. The figure was 14 per cent up on the previous financial year, when 5095 properties sold for $5 billion. McGrath Hunters Hill was among the standout offices, selling 285 properties for $361 million. Agent Tracey Dixon had the top sale with 11A Viret St, Hunters Hill, which she sold with Narelle Scott and Nicholas McEvoy for $7.975 million. "This was an exceptional home set on an exclusive peninsula and occupying a stunning waterfront position with uninterrupted views of the Harbour Bridge,- Ms Dixon said. "The magnificent home is set on a big block of land and presented a rare opportunity for families to buy in this exclusive waterfront enclave.- Ms Dixon and Lee Dowdall had the second and third highest sales with 25 The Point Rd, Hunters Hill selling for $6.8 million and 3 Glenview Cres, Hunters Hill fetching $6 million. "Hunters Hill is providing quality buying opportunities at the top end of the market with buyer activity on the rise," Ms Dixon said. She attributed the sales to a high standard of marketing, ex- tensive use of the company database, local knowledge and strong relationships among agents throughout the network. McGrath Eastern Suburbs was the top office with $1.21 billion from 1035 sales. Chief executive John McGrath said for the past two years the office had set the residential sales office Australian record. "We believe, irrespective of market and economic conditions, good agents can deliver the right results for their customers,- he said. "The past 12 months has been somewhat of a roller-coaster in the residential sector with many locations experiencing their toughest conditions for many years, but I believe our results indicate that good sales can still be made in less certain times. "If you price listings correctly and market them strongly utilis- ing all available sales channels, results will flow." 11A Viret St, Hunters Hill, (above) sold for $7.975 million on August 3. 25 The Point Rd, Hunters Hill (left) sold for $6.8 million on December 11, 2010. Ref: 111519955 Copyright Agency Ltd (CAL) licenced copy Northern District Times 10-Aug-2011 Page: 2 Real Estate By: Kylie Dulhunty Market: Sydney Circulation: 58337 Type: Suburban Size: 354.69 sq.cms Frequency: --W----

McGrath Hunters Hill - Riding High on a Roller Coaster

Download PDF Report

Upload
tracey-dixon
View
214
Download
2

Embed Size (px)

DESCRIPTION

Article from Northern District Times regarding McGrath Estate Agents record $5.7billion in residential sales in the past financial year

Citation preview

Page 1: McGrath Hunters Hill - Riding High on a Roller Coaster

Riding high on a roller-coasterKYLIE DULHUNTY

MCGRATH Estate Agents loggeda record $5.7 billion in residen-tial sales in the past financialyear, with McGrath Hunters Hillamong the leading offices.

In the year to June 30, McGrathEstate Agents sold 5993 proper-ties worth $5.7 billion, thehighest in its 23-year history.

The figure was 14 per cent upon the previous financial year,when 5095 properties sold for$5 billion.

McGrath Hunters Hill wasamong the standout offices, sell-ing 285 properties for$361 million.

Agent Tracey Dixon had thetop sale with 11A Viret St,Hunters Hill, which she sold withNarelle Scott and NicholasMcEvoy for $7.975 million.

"This was an exceptional homeset on an exclusive peninsula andoccupying a stunning waterfront

position with uninterruptedviews of the Harbour Bridge,- MsDixon said.

"The magnificent home is seton a big block of land andpresented a rare opportunity forfamilies to buy in this exclusivewaterfront enclave.-

Ms Dixon and Lee Dowdall hadthe second and third highestsales with 25 The Point Rd,Hunters Hill selling for$6.8 million and 3 Glenview Cres,Hunters Hill fetching $6 million.

"Hunters Hill is providingquality buying opportunities atthe top end of the market withbuyer activity on the rise," MsDixon said.

She attributed the sales to ahigh standard of marketing, ex-tensive use of the companydatabase, local knowledge andstrong relationships amongagents throughout the network.

McGrath Eastern Suburbs wasthe top office with $1.21 billionfrom 1035 sales.

Chief executive John McGrathsaid for the past two years theoffice had set the residentialsales office Australian record.

"We believe, irrespective ofmarket and economic conditions,good agents can deliver the rightresults for their customers,- hesaid.

"The past 12 months has beensomewhat of a roller-coaster inthe residential sector with manylocations experiencing theirtoughest conditions for manyyears, but I believe our resultsindicate that good sales can stillbe made in less certain times.

"If you price listings correctlyand market them strongly utilis-ing all available sales channels,results will flow."

11A Viret St,Hunters Hill,(above) sold for$7.975 million onAugust 3.

25 The Point Rd,Hunters Hill (left)sold for $6.8 millionon December 11,2010.

Ref: 111519955Copyright Agency Ltd (CAL) licenced copy

Northern District Times10-Aug-2011Page: 2Real EstateBy: Kylie DulhuntyMarket: SydneyCirculation: 58337Type: SuburbanSize: 354.69 sq.cmsFrequency: --W----