The Eastern Suburbs is an area of Sydney that offers both residents and tourists a great combination of coastal and urban living. This area has been known to offer high-end luxury shopping, a buzzing café and restaurant culture, world-renowned beaches, impressive foreshore walks, spectators sporting facilities e.g. Sydney Cricket Ground, heritage sites and landmarks, and a number of prestigious schools; with the top performing schools ranked by ATAR in 2017 being Sydney Girls High School, Sydney Boys High School and Sydney Grammar School.
As the Eastern Suburbs Buyers Agents, we aim to educate buyers on where they should be purchasing a property in the East. At PK Property, we are highly experienced in purchasing in each pocket of the Eastern Suburbs and can advise more specifically as to the exact streets and even position on each street that are more desirable than others. We have gained this knowledge over the past 21 years as the Eastern Suburbs Buyers Agents by closely monitoring the local market, its patterns in each area and purchasing a great amount of property since being established in 1997 to determine true market value. As your Eastern Suburbs Buyers Agents, we are here to ensure you are making a highly educated and informed decision, and to ultimately secure you the right property for the lowest possible purchase price.
The Eastern Suburbs coastal suburbs include Coogee, Bronte, the famous Bondi, Dover Heights and Watsons Bay which enjoy many wonderful beaches and offer beachside properties to both residents and tourists. Where suburbs such as Vaucluse, Rose Bay ad Point Piper (which is one of the most expensive suburbs to purchase with some homes in excess of $20m), enjoy a habourfont position with prominent views across to Sydney Harbour. Other suburbs in the East such as Paddington, Woollahra and Double Bay offer a more inner-city, metropolitan shopping and restaurant culture with federation terraces, some in excess of $3-$4m. And that's not every suburb the East has to offer!
The Eastern Suburbs also offers many historic landmarks and green spaces for residents and tourists to enjoy. Centennial Park is a key landmark and green space in the East. There has been an $800,000 upgrade to the Centennial Parklands Sports Centre facilities over the past year. And families love the new Ian Potter Children's Wild Play Garden - a $4million state-of-the-art nature play space designed to engage the senses and connect children to nature. As the Eastern Suburbs Buyers Agents, we are always assessing infrastructure improvement and always encourage families to purchase in these areas. For example, we recently purchased 14 Cuthbert Street, Queens Park for an expatriate family who absolutely fell in love with the area for their family to reside.
According to realestate.com.au the Eastern Suburbs features prominently among the highest median house prices in the country. Corelogic's 'Best of the Best' Report for 2017 shows the East took out six of the top 10 list for 2017 median house values country-wide, including:
Darling Point $5,682,520
Vaucluse $5,471,853
Bellevue Hill $5,316,587
Tamarama $4,254,666
Dover Heights $4,133,440
Double Bay $3,994,114
The Eastern Suburbs property prices have remained relatively stable in 2018 despite the shift in some areas of the Sydney Property Market. However, when it comes to purchasing property in the Eastern Suburbs, there are pockets that have good capital growth and are highly sought after, but there are also certain pockets that are less desirable to property buyers.
Over the past 21 years, we have developed trusting relationships with the local selling agents and are communicating with them on a daily basis. This allows us to be exposed to off market properties that many buyers are never seeing, sometimes even before the agent has signed up the property! As the Eastern Suburbs Buyers Agents, we have the advantage to expose our clients to these opportunities to ultimately cut out competition and remove any time pressures around an auction campaign.
Additionally to the advantage of off market property exposure, we have successfully negotiated over 2000 for our clients. At PK Property, we are all ex real estate agents and therefore, have an extremely in-depth understanding of how agents are pricing properties and at what point in the campaign is the best time to strike. It is paramount in the current market to have a professional represent in your property purchase as the market is going north, south, east and west at the moment. and you don't want to get emotional and therefore overpay for a property.
If you are looking to purchase in the Eastern Suburbs of Sydney and need an experienced professional to expose you to off market properties and negotiate on your behalf, please contact our team today on 02 9960 1066 or enquiries@pkproperty.com.au.