November 2019 Newsletter
Well, what a crazy few weeks it has been. The lead up to the end of the year is truly upon us and it seems like time itself speeds up throughout November and December.
In addition, the heightened threat of bushfires both in the immediate sense and looking towards a long, hot summer seems to be putting everyone on edge.
We are feeling very thankful that our community hasn’t been impacted by bush fires, and grateful to our dedicated local Firies, both the NSW RFS and Fire and Rescue NSW, for their continued vigilance.
We hope that the coming weeks bring a reprieve and that there are more relaxed times to be had with family and friends as the year comes to an end.
Belinda Zoumis & Mark Cornish
LOOKING BACK…
Perhaps it is the busy-ness of this time of year, or perhaps simply that I can’t believe it is nearly December already, that has made me feel reflective. So this week I took a look back on my market report for November 2018 to see what had changed during the past 12 months.
Last November I reported that there had been no residential home sales in Berry for Spring 2018. At the time I maintained that Berry was undergoing a market correction with prices for residential homes needing to return to a more sustainable and sensible level.
So what has happened since…? Well…
Since 1st November 2018 to current, there have been approximately 42 residential (<2,000sqm) sales in Berry. These sales are spread over the town centre, Huntingdale Park Estate and some homes just out of the town itself. The acreage market had a few bumps in the road but ultimately ticked over enough sales to keep prices within expected price guides.
Through hard work from agents, it seems Berry has found its feet over the last year in terms of a stable and sustainable market price in the residential sector. This hasn’t come without some teething problems, sleepless nights and probably some more wrinkles.
Some sales have struggled recently in the face of valuations not stacking up. We, as agents, have to find a balance on a daily basis, between negotiating the best price for our clients and having to face the reality of lending institutions having the final say.
Berry rode the wave of cash buyers for so long that when the “normal” market returned and finance approval was in the mix, we (agents and vendors) have had to adapt.
And adapt we have.
Speaking of looking back… we shared this on social media but in case you missed it, these images document the change in Huntingdale Park Estate from 2016 to today. We found it fascinating to compare the images from 3 years ago to the present.
NEW TO THE MARKET – 32 WALSH CRESCENT, NORTH NOWRA
This perfectly presented 3 bedroom home has 2 large living spaces plus sunroom, with a centrally located kitchen. High ceilings and polished floorboards feature throughout the home. The large, fully fenced rear yard is serviced by multiple water tanks and features a veggie patch. This 1,157sqm property is ideally located close to schools and shops. Perfect for first home buyers, investors and retirees.
Contact us for inspection times or see more here.
PROPERTIES ON THE MARKET
FOXGROUND
Private oasis – 35-acre vacant block with stunning mountain views.
10 minutes from Gerringong and Gerroa, 15 minutes from Berry.
Price Guide: $1,400,000
8 TILGMAN STREET, BERRY
Architect designed, quality built 4 bedroom, 3 bathroom home with study, rumpus and double garage for purchase off the plan.
Construction has commenced.
63 PARKER CRESCENT, BERRY
2,002 sqm vacant block with outstanding north-west aspect and uninterrupted rural views. The perfect blank canvas for you to create your dream home.
All town services including underground power, water, sewer & NBN.
COMMUNITY NEWS
BERRY TOUCH FOOTBALL COMPETITION
Berry Property is a proud team sponsor in the thriving local Berry Junior Touch Football competition 🏉. Fun, friends and fitness all in one. We love seeing the players have a ball!
Last week, one of our team members, Jordan Sauvao, was awarded Mini’s Player of the week – a player who shows great sportsmanship, effort and most of all have fun. Congratulations Jordan!
Pic courtesy of Berry Junior Touch Football.
WHAT’S ON
GRAND CHRISTMAS STREET PARADE
The Rotary Club of Berry has taken on the organisation of Berry’s traditional Christmas Street Parade this year. We will see a return of the parade to Queen Street on 11th December from 5:45pm. The parade is set to commence at Berry showground, travelling up Albany St, before turning on to Queen St and finishing at Apex Park.
It’s looking like it will be a whole lot of festive fun so grab your Santa hat and get amongst the festivities.
FAIRGROUNDS FESTIVAL
Fairgrounds Festival is returning to Berry for its 5th year on December 6th and 7th. With Liam Gallagher set to headline along with DMA’S, MEG MAC, Dope Lemon, Kasey Chambers + more it’s set to be a huge weekend for the town. There’s also plenty of festival action for the kids. You can stay in the loop on all the happenings at https://fairgrounds.com.au
Thank you for signing up to our newsletter. We hope you find the information we provide valuable and we look forward to helping you find your dream Berry property!
Belinda & Mark