Unbeatable Views In Bilgola

Sydney Morning Herald

Saturday August 28, 1999

Janne McFadden

A landmark property with uninterrupted panoramic views of the Pacific at 47 The Serpentine, Bilgola, is for auction on September 11.

Bilgola Headland has only six properties that boast the unique feature of having two street frontages to The Serpentine, which winds its way between Bilgola and Avalon Beach.

There is a two-bedroom holiday beach cottage on this desirable north-east-facing level site, which has unsurpassed views north and south of both beaches.

It is within easy walking distance to the beaches, Avalon village shopping centre, the golf course and regular bus routes. The area is surrounded by natural bushland and marine park reserves.

Bilgola house sales this year have made $23.5 million. The total in 1998 was $40.7 million, up from $39.9 million in 1997.

The 15 auctions this year have had a clearance rate of 80 per cent, for a total of $5.5 million and average of $608,000. The 28 in 1998 had a 75 per cent clearance rate and made $9.5 million ($633,000), and the 21 in 1997 had a 57 per cent clearance rate and made $6.4 million ($530,000).

The 35 private treaty sales this year have made $18 million (average $515,000). The 61 in 1998 averaged $504,000, and the 76 in 1997 averaged $441,000.

The agent is Denis McDonagh of Richardson & Wrench Avalon on 9973 2233. Inspections are on Saturdays from 11 am to noon. More than $900,000.

Bilgola house sales this year include 56 The Serpentine for $850,000 and 337 Lower Plateau Road for $930,000.

Last year, house sales in The Serpentine included Lot 97 for $475,000, No 2 for $700,000, No 31 for $780,000 and No 65 for $790,000. Australian Property Monitors compiles The Sydney Morning Herald Home Price Guide. Phone: 8268 8200.