“If you’re weighing up selling this year, this is worth understanding.”-NSW housing reforms!
Grant Matterson LJ Hooker Narrabeen
In today’s post you will find-
“If you’re weighing up selling this year, this is worth understanding.”
-NSW housing reformsLet’s take a look at the latest recent sales in the area
Northern beaches agent delivers auction success for Italian vendors watching via FaceTime
“If you’re weighing up selling this year, this is worth understanding.” -NSW housing reforms
The Northern Beaches is a place people love to live. But demand, limited land, and market pressures have pushed housing costs out of reach for many locals. Like much of Sydney, it's facing a housing crisis.
NSW Government Low and Mid-Rise Housing Policy
The way housing is planned on the Northern Beaches is changing. Under the state's new low and mid-rise housing policy, areas within a 10-minute walk of 9 town centres can now include everything from duplexes and terraces to six-store apartments.
State Significant Development
As part of the State Government's housing reforms, the way large-scale housing developments are assessed and approved has changed.
Affordable Housing
Let’s take a look at the latest recent sales in the area
Recent Local Sales
Click on the Links to View Local Recent Sales
Northern beaches agent delivers auction success for Italian vendors watching via FaceTime
Grant Matterson strategically times auction for overseas vendors, achieving above-reserve result via FaceTime
Grant Matterson has achieved a $2,305,000 auction result in Elanora Heights for three Italian brothers who watched via FaceTime as their property sold $35,000 above reserve after a strategically timed 28-day campaign.
Grant Matterson knew from the outset that selling a dated 1960s property for overseas vendors would require patience, transparency and precise timing.
The Elanora Heights house at 8 Merridong Road presented both challenges and opportunity. Originally a single dwelling that had been divided and tenanted to two parties, the property was in poor repair. Yet its dual driveways and street access offered significant redevelopment potential for the right buyer.
The vendors – three brothers based in Italy – would be watching proceedings unfold via FaceTime, thousands of kilometres away.
“I deferred the auction date twice until I had realistic buyers that were genuine and were going to bid for the property,” Grant said.
“I waited until I could confirm they’d be there to bid, and then I booked the auctioneer based on the competition I had organised.”
Building trust across continents
Grant’s approach centred on honest communication with the Italian brothers throughout the 28-day campaign.
“I gave them genuine feedback so they understood exactly what the property may achieve,” he said.
That trust proved decisive when bidding stalled with three registered participants. Following Grant’s advice, the vendors agreed to place the property on the market at $2,270,000.
“With my advice and their trust, they allowed me to put it on the market, and that allowed for the buyers to start bidding again,” Grant explained.
“It went up another $35,000 above their reserve price. They were very pleased with the process and the outcome.”
The hammer fell at $2,305,000.
Northern Beaches lifestyle appeal
Elanora Heights offers a peaceful, family-friendly lifestyle set amidst abundant bushland on Sydney’s Northern Beaches. The suburb draws comparisons to Avalon Beach for its relaxed community feel and natural surroundings, while offering larger block sizes and proximity to Narrabeen Lagoon.
The four-bedroom, two-bathroom property with parking for four vehicles attracted buyers recognising its potential for reinstatement or future development.
About the agent
Grant Matterson brings over 25 years of experience to the Northern Beaches market as a Licensed Real Estate Agent and Accredited Auctioneer. A proud member of the Narrabeen community, he has received multiple Rate My Agent awards including Agency of the Year for Narrabeen in 2021, 2022 and 2023. Visit Grant’s website for more information or call Grant on +61438261600.
Click here for FREE Market Estimate of Value on your Home or (Simply send me a text to 0438 261 600 with your detials)
The Complete Guide To Selling Your Home.
Click here for FREE Market Estimate of Value on your Home or (Simply send me a text to 0438 261 600 with your detials)