Property in Greenwich
Our expert property buyers' have many years of proven success in locating off-market opportunities and suitable listed properties, including investment, commercial and prestige properties throughout Australia's eastern seaboard. Our licensed buyers' agents will work from your property brief to search for Greenwich property and conduct purchasing price negotiations to save your the time, money and stress of doing it alone. Team up with PropertyBuyer to super-charge your property investment portfolio or secure your dream home.
Our Award-Winning buyers' agents can help you secure the following:
- Prestige Property & Luxury Real-Estate in Greenwich
- Property for Overseas Buyers or Expats in Greenwich
- Real Estate for Home Buyers in Greenwich
- Investment Property in Greenwich
- Commercial Property in Greenwich
To engage one of our Buyers' Agents' to help you find and secure a property in Greenwich, book your free consultation today.
Where is Greenwich Located?
Greenwich is a waterfront suburb located on the lower North Shore, 4.5km from Sydney’s CBD. It has the luxury of being serviced by three forms of public transport; ferries to Circular Quay, trains via Wollstonecraft station (only 4 stops from the CBD) and buses along Pacific Highway. Greenwich has roots as an industrial suburb with industries including shipbuilding, brickmaking, quarrying and refining. The only remaining industry today is the Gore Bay Terminal which operates as a distribution point for various fuel types, but they are no longer stored on site.
What Housing Types are Predominant in Greenwich?
Period homes are still common in Greenwich and began to be built following the subdivision of land by George Green in 1840. Prior to this, Mr Green built Greenwich House, which is still standing on the corner of George and St Laurance Streets. The historic Georgian era sandstone house last sold for $5.2m in 2010. Fortunately, many (over 100) of the period homes are heritage listed so they will be protected in coming years and new development in the area will be limited. Much of the new development is occurring along Pacific Highway on the border with St Leonards rather than in the town centre on Greenwich Road, which helps to maintain the community feel that locals love.
What Attracts Home Buyers and Investors to Greenwich?
Greenwich’s pleasant tree lined streets and period homes make it feel like it’s miles away from the city, yet it can be reached in 20 minutes via ferry from the wharf or via bus from Pacific Highway. Due to the large point or ‘boot’ sticking out into Parramatta River, a large proportion of the suburb has a waterfront and many properties have picturesque Harbour views. In fact, Greenwich Point and Manns Point are popular viewing points for the Sydney Harbour NYE fireworks.
The numerous period homes with all their lovely features as mentioned above (many of which sit on 700sqm+ blocks of land) are also a big drawcard. The area is more popular than most for owner occupiers (over 70% of residents), although apartments provide a relatively affordable entry point into the market considering their size. For example, a 61sqm 1-bedroom apartment (the size of some smaller 2-bedroom units) with parking and a leafy outlook on Pacific Highway recently sold for $610,000.
Restaurants, Shops and Entertainment in Greenwich
Greenwich’s local shopping village on Greenwich Road has all your daily needs including and IGA supermarket, multiple cafés, a pharmacy and a post office. Almost everything else can be found in nearby St Leonards and Crows Nest including a huge range of fantastic restaurants as well as the major supermarkets. The Royal North Shore Hospital and North Shore Private Hospital are also close by should you ever need them.
Sports, Fitness and Health in Greenwich
Locals love enjoying the local parks and reserves including the waterfront Greenwich Point Reserve which has beautiful views of the sunset towards Woolwich and adjoining Leemon Reserve which has picnic and BBQ facilities. For the more adventurous, the path from Gore Cove Reserve can be followed east along the harbour front towards Waverton or you can head west along Lane Cove River from Gore Creek Reserve.
Due to Sydney’s mild weather, sailing at one of the local yacht clubs is popular all year round. In the warmer months, Greenwich Baths is popular as it is a protected ocean pool which is suitable for adults and toddlers alike. It also has a café on site which is great for the parents!
Schools and Education in Greenwich
Schools in the area are all extremely well regarded. Greenwich Public School and Hunters Hill High School are the main local public options, although Bradfield Senior College in St Leonards provides another option for academically or artistically gifted students in year 11 or 12. You’re spoiled for choice when it comes to quality independent school options. Some of these include Monte Sant' Angelo Mercy College (secondary girls), Sydney Church of England Grammar School (SHORE) (primary and secondary boys), Wenona School (primary and secondary girls), Marist College North Shore (secondary boys), Marist Sisters' College Woolwich (secondary girls), Saint Ignatius' College (primary and secondary boys) and St Joseph's College (secondary boys).
What can my money buy in Greenwich?
House prices have continued to grow in Greenwich despite the slowdown in wider Sydney. Largely due to limited supply of houses, it excellent location and access to excellent schools, it is still very much in demand. Only 0.3% of houses in the suburb are currently on the market – this compared to around 1% for Greater Sydney. The median house price now sits at almost $2.75m, although sales prices do vary dramatically depending on features and land size. Around $2m will buy you a two-bedroom semi on 200sqm with parking, but as you move further up the price scale there is less competition so you actually get better value. For example, a three-bedroom freestanding home on over 700sqm with a pool and Harbour Bridge views recently sold for around $3.5m.
Apartment prices have also continued to rise (up 2.5% over the last year). For under the median price of $822,000, you can buy a large, almost new 1-bedroom apartment off the main road (but within walking distance of St Leonards station and shops) with parking and leafy views.
To obtain assistance searching for and buying real estate in Greenwich and to get a buyers’ agent or buyers’ advocate on your side, please call us on 1300 655 615, email us, or send us your buyers wishlist today by clicking here.
Frequently asked questions
Why do I need a buyers’ agent?
You will save yourself money, time and stress when you engage a professional buyers’ agent to help you with your next investment property purchase. You will be empowered with the knowledge you need to make an informed decision about the value of a property without all of the sales “hype” often associated with property purchases – we protect you from making an emotional decision. You will have the benefit of our extensive research and analysis into past sales and comparable market data and will be protected from paying too much. You may also gain access to properties not yet advertised, otherwise known as “silent listings”.
Investors will gain access to our wide network of excellent investment opportunities and also get the inside knowledge of the best areas to invest. As property investors ourselves we understand the strict criteria required to buy high performing properties.
Our testimonials describe the ways we have been able to add value to our many clients. Most of our increasing client base stems from glowing referrals given by clients who have been impressed with the value and service we provide.
Does a buyers’ agent need to have a real estate background?
Yes. Rich Harvey, Director of Propertybuyer and his team have the expertise, knowledge and real estate background to deliver what they promise – many of the team are ex-real estate agents that have switched sides. Rich is a property investor himself, with a Masters in Economics, a Diploma of Property and is a Licensed Real Estate Buyers’ Agent. He is also a Member of the Real Estate Institute of New South Wales. If you are looking for a buyers’ agent team with exceptional qualifications and over 60 years combined experience, that understands property investment analysis, market trends, and can think creatively and intuitively, then the Propertybuyer team is your smart choice. Read our testimonials and you will be impressed by the results – not only with investors,
but also home buyers and corporate clients.
Is A Buyers’ Agent worth the money?
Yes! We regularly save clients far more than the fee we charge, through our understanding of the property market and our skilled negotiation techniques. We offer a fixed fee service. The advantage of the fixed fee structure is that you only pay the same fee regardless of the price of the property. There are three key areas you will get great value for money by engaging Propertybuyer:
1. Saving Time:
- Reduce the time spent searching – You will need to look at between 50 to 100 properties to get a true understanding of the market.
- Most buyers take between 6 to 12 months (or more) to buy – we can cut down the process to under 60 days
- Lost leisure and family time due to searching and attending inspections on weekends
- Time wasted at work calling real estate agents
- The time it takes you to get full market knowledge
2. Saving Money:
- Don’t risk making an emotional decision and pay too much
- Negotiating is an art – we know the tricks of the trade to secure a property at the lowest possible price
- Leverage your knowledge by tapping into ours
- Get a professional evaluation done so you have confidence to pay the right price
3. Saving Stress:
- Remove the stress and pressure of dealing with real estate agents in your search
- Get the upper hand with a buyers agent by your side
- Buy with confidence knowing you are getting totally independent advice
- Remove the frustration of being constantly outbid at auction
A buyers’ agent can save you a packet of money if they are experienced, knowledgeable and have your best interests at heart. They can take the emotion out of the negotiation and auction process and give you accurate advice on property values. They should have an extensive database of agent contacts to help you find off-market properties.
How Do I find A Buyers’ Agent?
Apart from searching online, ask a local selling agent if they have seen a good buyers agent in action. You can also ask family, friends and work colleagues about their experience with using buyers agents.
An important question to ask a buyers agent is whether they are truly “exclusive” or “independent”. If they accept sales commission from vendors or developers then they cannot be classified as “independent” as they are acting in the interests of the seller. Only deal with a licensed buyers agent (you can check license via the Office of Fair Trading in each state) and one that is a recognised member of your state Real Estate Institute and the Real Estate Buyers Agents Association of Australia.
There are seven factors to consider when selecting a good buyers agent.
- Industry experience - ask how long the buyers agent has been operating?
- Market coverage - what geographic specialisation do they have?
- Results oriented - ask about case studies and testimonials from past clients - what have they achieved?
- Network and contacts - can your buyers agent access off market properties easily?
- Research system - ask what due diligence and research systems they have in place to evaluate properties and provide real time market insights.
- Credentials - check licencing, qualifications and affiliations and if they have won awards.
- Cost - confirm the fee structure and check they don’t get kickbacks from agents.
Is it affordable to use a buyers’ agent?
Yes. We typically save our clients far more than our fee in the transaction by negotiating well. We assist property buyers of all budgets, saving you money by doing extensive research and analysis, looking at comparable sales and market data, and by negotiating hard to secure the best price, terms and
conditions possible. You will make an informed choice and will be confident that you have bought well, whatever your budget. It’s a small investment to make when you consider the savings you will make on your property purchase!
Are buyers’ agents fees tax deductible?
If you are purchasing a property for investment purposes, the cost of using a buyers’ agent is generally tax deductible (forms part of the acquisition or “cost base”). Check with your accountant to see if the fee would be tax deductible in your case. Unfortunately
you cannot claim the fee as a tax deduction if the property is purchased to live in.
Do you offer any guarantees with your service?
Propertybuyer is currently the most awarded Buyers Agency in Australia, and this public scrutiny is an unbiased testament to our integrity, value and quality of service.
We guarantee not to waste your valuable time sourcing inappropriate properties. We will deflect all the stress and detail and save you months of endless searching. We will spend time with you up front so that we clearly understand your needs and will target the search based on agreed preferences. With our help, you will save time, money and stress on your next property purchase. You will gain access to more properties, be better informed about comparable sales, the true value of a property and capital growth projections for the area, and you will make a more informed decision. When you decide on the right property, we will negotiate for you so you will be able to make a rational decision about price without the stress and pressure of dealing with real estate agents or having to negotiate.
Do you have professional indemnity insurance?
We have professional indemnity insurance to $4 million.
What is the process and how long will it take?
Our average turnaround time for investors is around 30 days and for home buyers between 40 to 65 days. After the initial meeting, where our services are further explained, questions are answered and your “buyers brief” is established, an engagement fee is paid (this amount varies according to the service you choose). Once your finance is pre-approved, the engagement fee is paid, and you are ready to buy, the search begins. We conduct thorough research and then present you with a shortlist of properties. The decision to buy is then yours.
If I engage the services of propertybuyer, will you guarantee to find me a property?
Yes – as long as your buyers brief is realistic. We guarantee to give you personal and professional service and a detailed analysis on each property we evaluate, based on your specific criteria. At our initial meeting, we will listen carefully to find out your exact requirements. We will advise you before you engage us if your property brief is unrealistic. You will also need to have your finances ready or be pre-approved for a loan before the search can begin. Once these have been established, the search can take as little as a week (up to an average of about 4-6 weeks) depending on your wishlist and the market conditions.
We work with you in partnership to help you achieve your goals quickly and efficiently. You may cancel the agreement with notice in writing.
What happens if I change my mind on an area or a type of property once I engage you? Do I have to pay another engagement fee?
We will always be working in your best interests and realise
that your ideas about the type of property you want may change. When we meet initially to discuss your “buyers brief”, we will work hard to ensure that your wishlist is achievable and also realistic, so the likelihood of changing your mind is reduced. However, if you change the initial brief significantly, there may be a review of the fee, and an additional fee would be charged to cover the time already spent searching. We will work with you to make sure you are completely happy with your next property purchase, even if you change your mind.
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