153 Burleigh Drive, BURNS BEACH
Sold 13th July 2022 | by Johann Dique
- 4
- 5
- 3
36
Groups inspected21
Days on Market59
EnquiriesThe Beach House
Property Description:
Occupying a premium northern position walking distance to the future open space of Fingal Loop and Burns Beach Foreshore Park within the wonderful “Burns Beach Estate”, this unique light and breezy two-storey four-bedroom home comprised bespoke coastal quality and effused effortless harmonies encouraging a blissful retreat promising a memorable family lifestyle with breathtaking ocean views from its striking Apex balcony.
The residence was appraised by another local agent and remained unsold after 109 days on the market. We initially appraised the property and remained in contact with the seller, who shared their frustration with the property not selling. The last agent recommended the property be marketed at a price 17% below their initial recommendation, after they were unable to overcome the buyer objections on the home and blamed the price expectation as the reason the property was not saleable.
We learned of the seller’s position and recommended they consult with us as they were at a risk of underselling their unique home which could not be replaced for what it was inviting interest from the market for. We were achieving near similar prices for single storey homes in the Burns Beach estate at the time and this was mid 2022 well before the average price rises that the market started to experience in late 2022 and early 2023.
Key Statistics:
The sellers took our advice on board, we changed the price, presentation, promotion and most importantly, representation of the home. Our successful campaign resulted in:Strategy: For Sale by Closing Date
Offers: 3
Days on Market: 21
Enquiries: 57
Open Homes: 5
Viewers: 36
SOLD from agent’s database
Number of appraisals sellers obtained from local agents: 3
Previous agent’s days on Market: 109 Days
Previous agents first listed price to last advertised price variance: -17%
Vendor advised to drop further then engaged us as the home would potentially undersell.
Variance of sales price achieved above previous agents last listed price: Gain of 9.41%
Accuracy of appraised Value: 100%
The net result made for happy sellers and a proud buyer.
