Quarterly market report 2013 july sept

4655 Quarterly Market Report July – September 2013

A Message from Damian

Welcome to the first of my Quarterly Reports for the 4655 postcode.

The idea is to ensure you have a handle on the market place and have all of the information you may require should you decide to get involved in real estate here in Hervey Bay. Remember this report is for you – so if you have any comment please let me know; if there is information you feel is missing or stuff you would love to see, I welcome your feedback.

Each report will cover residential sales only; this includes houses, land, units and townhouses.

You may note that in each suburb there are sales excluded – we are advised by RP Data that these are sales that are classified as not “normal sales’ i.e. to a family member, sales where the prices have yet to be declared by the sales person or ratified by the Department of Natural Mines and Resources.

DISCLAIMER The statistics in this report are collated from RP Data and realestate.com.au and are provided in good faith by Harcourts Hervey Bay. We cannot purport to their accuracy and will not be held in any way responsible for their accuracy or otherwise.

4655 –

An Overview

302 2929

Residential Sales

Properties on the Market Today

Median Sale Prices

Lowest Sale

House

$310,000

Land

$155,000

Units

$242,000

$52,000

Highest Sale

$800,000

4655 – HIGHLIGHT SUBURB:

Kawungan

Examples of Sold Properties

25 Abbey Court Sale Price: $325,000

Sale Date: 30 Jul 2013

Area: 814m2

Attributes: 4 Beds, 2 Baths

8 Areca Drive Sale Price: $385,000

Sale Date: 12 Aug 2013

Area: 721m2

Attributes: 5 Beds, 2 Baths

10 Meledie Avenue

QUANTITY

Sale Price: $305,000

Sale Date: 7 Aug 2013

Area: 745m2

Attributes: 4 Beds, 2 Baths

LOWEST SALE

HIGHEST SALE

MEDIAN VALUE

AVERAGE VALUE

TOTAL VALUE

*EXCLUDED

2

HOUSE

15

$177,500

$385,000

$312,000

$308,800

$4,632,000

LAND

4

$155,000

$250,000

$182,500

$192,500

$770,000

UNIT

1

$261,000

$261,000

$261,000

$261,000

$261,000

TOTAL

22

$5,663,000

Urangan Quantity

Lowest Sale

Highest Sale

Median Value

Average Value

Total Value

*EXCLUDED

10

HOUSE

41

$140,000

$480,000

$277,500

$285,939

$11,723,500

LAND

4

$100,000

$210,000

$144,775

$149,887

$599,550

OTHER

1

$150,000

$150,000

$150,000

$150,000

$150,000

UNIT

16

$70,000

$590,000

$265,000

$268,093

$4,289,500

TOTAL

72

$16,762,550

Torquay Quantity

Lowest Sale

Highest Sale

Median Value

Average Value

Total Value

*EXCLUDED

3

HOUSE

22

$150,000

$495,000

$341,500

$323,772

$7,123,000

LAND

1

$600,000

$600,000

$600,000

$600,000

$600,000

UNIT

10

$135,000

$357,500

$227,000

$241,850

$2,418,500

TOTAL

36

$10,141,500

Scarness Quantity

Lowest Sale

Highest Sale

Median Value

Average Value

Total Value

*EXCLUDED

3

HOUSE

14

$215,000

$380,000

$279,500

$284,071

$3,977,000

UNIT

6

$200,000

$289,000

$257,500

$251,833

$1,511,000

TOTAL

23

$5,488,000

Point Vernon Quantity

Lowest Sale

Highest Sale

Median Value

Average Value

Total Value

*EXCLUDED

4

HOUSE

28

$240,000

$615,000

$317,250

$332,410

$9,307,500

LAND

3

$163,000

$335,000

$170,000

$222,666

$668,000

UNIT

1

$185,000

$185,000

$185,000

$185,000

$185,000

TOTAL

36

$10,160,500

Pialba Quantity

Lowest Sale

Highest Sale

Median Value

Average Value

Total Value

*EXCLUDED

2

HOUSE

6

$200,000

$338,000

$256,000

$263,333

$1,580,000

UNIT

7

$40,000

$475,000

$230,000

$245,071

$1,715,500

TOTAL

15

$3,295,500

Wondunna Quantity

Lowest Sale

Highest Sale

Median Value

Average Value

Total Value

*EXCLUDED

2

HOUSE

12

$200,000

$800,000

$430,000

$408,458

$4,901,500

LAND

3

$175,000

$175,000

$175,000

$175,000

$525,000

TOTAL

17

$5,426,500

Eli Waters Quantity

Lowest Sale

Highest Sale

Median Value

Average Value

Total Value

*EXCLUDED

2

HOUSE

11

$255,000

$369,000

$325,000

$317,818

$3,496,000

LAND

1

$149,000

$149,000

$149,000

$149,000

$149,000

UNIT

1

$203,500

$203,500

$203,500

$203,500

$203,500

TOTAL

15

$3,848,500

River Heads Quantity

Lowest Sale

Highest Sale

Median Value

Average Value

Total Value

HOUSE

7

$95,000

$770,000

$385,000

$354,285

$2,480,000

LAND

9

$52,000

$219,500

$88,000

$97,444

$877,000

TOTAL

16

$3,357,000

Toogoom Quantity

Lowest Sale

Highest Sale

Median Value

Average Value

Total Value

HOUSE

8

$80,000

$505,000

$298,750

$288,937

$2,311,500

LAND

5

$84,997

$205,000

$126,000

$136,199

$680,997

TOTAL

13

$2,992,497

Damian Raxach 0403 880 327