SAMANTHA ELVY AND DANNY COBDEN SETTING NEW BENCHMARKS IN THE LOCAL PRESTIGE APARTMENT MARKET

With market conditions booming, more and more local properties are falling into what we call the ‘premium’ end of the market. Properties of this calibre definitely require an elevated level of knowledge, buyer engagement and experience to achieve exceptional results. And the stakes are high – you’re talking about hundreds of thousands of dollars difference between a good agent and a real expert.

Samantha Elvy and Danny Cobden have always maintained a reputation as the leading team in the premium and prestige house market, having set many records over the past two decades. Most recently they set a new record for a Balmain waterfront home, smashing the former top price by well over $3m.

To add to their impressive track record in prestige houses, the pair has also excelled in the local premium apartment market, setting a number of benchmarks in this sector. These include 1/19A Wharf Road, Birchgrove, a rare waterfront apartment in the prized Stannards Wharf boutique building complete with superb waterfront facilities, securing almost $3.6 prior to auction. This sale represents the second highest price for an apartment in the area this year and it’s also worth noting that Sam and Danny have sold the last three residences in this complex.

Additionally, in February they achieved the highest apartment price for the year with the sale of another exclusive waterfront sanctuary at 4/36 Louisa Road, Birchgrove, which fetched almost $6.1m. This sale set a new benchmark in this prestigious building and Cobden & Hayson was also responsible for the last three sales at the address.

“Current conditions mean that we’re seeing plenty of cashed up buyers,” says Sam. Money is cheap and people have bigger budgets to play with – $4m is the new $3m. Empty nesters are playing a big role in driving our premium market, with plenty of buyers coming from Hunters Hill and the Upper North Shore who want to be in a lively area closer to the city.”

“We can only deal in the here and now and given the market sentiment at the moment, it’s a great time to sell. Who knows what might happen in a month but right now we’ve got a pool of eager buyers and a shortage of stock which is really propelling the market forward, so sooner rather than later is our advice. We can achieve quick, discrete, benchmark-setting sales with a strategy that our vendors are comfortable with.”

It’s what we do behind the scenes all day every day that matters most.

At Cobden & Hayson we know what it takes to help you through the buying process. We conduct weekend, mid-week and private inspections to ensure potential buyers can view a property at a time that suits them. At C&H we have a centralised database shared between five office locations with an avg of 600 new buyer’s being entered each week. We inform eager buyers of the freshest new property listings through email, text or a phone call providing them with an opportunity to view a property before it’s listed on public real estate portals. We build close relationships with buyers with our aim being to link them with their ideal new home all the while providing them with accurate area information, so each buyer can make a smart buying decision. If you’re looking to buy, we’d love to help you today.

Posted in Uncategorized on 18th March, 2021