Agent Billy Markovski had sold four Bungarribee properties by the end of January, one of which was the suburb record.
Bungarribee is a suburb of Blacktown in Western Sydney. Mr Markovski has been listing and selling properties for approximately eight years in the market, since the estate was developed, and is currently the number one selling agent in Bungarribee for the fourth year in a row.
“49 Bubuk Street was a record sale price at $1,370,000,” said the RE/MAX Xtra agent. “It was one of the larger blocks in the estate.
“I sold a vacant 426m2 corner block for a very significant $740,000. This works out at $1,737 per square metre, which is what you’d expect of a unit development site rather than a house block, and is higher than the per square metre price we are seeing for Blacktown”.
His two other sales were for homes on 330m2, selling for $830,000 and $810,000.
Mr Markovski still holds the house sale record for Blacktown, at $1.4million. He attributes his success to three main factors – his longevity of selling in the estate, the deep relationships he has built within the community and the prices he has achieved.
“I’ve been in here since the very beginning. There are around 890 homes now and only two vacant blocks remaining. The estate is family orientated and around 90 per cent are owner occupied. “There’s not a lot of stock on the market these days. “The prices are still climbing, there’s limited stock and buyers are calling constantly and begging to know about properties that might be coming on to the market; and I haven’t experienced this since probably 2017.”
He says Bungarribee’s location makes it extremely desirable, backing onto the new Sydney Zoo, a major waterpark and the M4 and M7 motorways. Doonside train station is a ten-minute walk from the estate, which was developed on the former site of the historic Bungarribee House.
Bungarribee Park is one of the largest recreational spaces in Western Sydney.
Contacts for media:
Billy Markovski, RE/MAX Xtra – M. 0424 663 522
Lyn Cox, RE/MAX Public Relations – M. + 61 418 793 096
About RE/MAX: From a single office that opened in 1973 in Denver, Colorado, RE/MAX has grown into a global real estate network with more than 134,000 sales associates in more than 110 countries and territories. Its entrepreneurial culture affords its agents and franchisees the flexibility to operate their businesses with great independence.