Hervey Bay (QLD 4655) Quarterly Market Report Oct - Dec 2013

4655

Quarterly Market Report October – December 2013

A Message from Damian Welcome to the second of my Quarterly Reports for the 4655 postcode.

I am delighted that the first edition was so well received by everyone! I had loads of feedback and some great suggestions which I will try to incorporate as we move forward with new editions.

Since the last report, we have seen Christmas come and go, a new year start and the kids getting ready to go back to school.

We have also seen announcements by Stockland as to confirmed tenancies in the new centre when it opens and there are some big names coming which is great.

We have heard of two fantastic new restaurants about to open (if you watch My Kitchen Rules and liked Dan and Steph, you should visit Hervey Bay shortly as they are opening a restaurant here), and the new Beach House Hotel is coming along very fast. All exciting news as we position ourselves to become a more vibrant place to live for all age groups.

REMEMBER: The idea of this report, 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. 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 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

308 2803

Residential Sales

Properties on the Market Today

Median Sale Prices

Lowest Sale

House

$315,000

Land

$160,000

Units

$232,000

$50,000

Highest Sale

$900,000

4655 –

An Overview

2940

308

2920

307

2900

306

2880

305

2860

304

2840

303

2820

302

2800

301

2780 2760

300

2740

299 ON THE MARKET July - Sept 13

RESIDENTIAL SALES

Oct - Dec 13

July - Sept 13

Oct - Dec 13

$350,000 $300,000

MEDIAN SALE PRICES

$250,000 $200,000 $150,000 $100,000 $50,000 $0

HOUSES

LAND

July - Sept 13

UNITS Oct - Dec 13

4655 - HIGHLIGHT SUBURB:

Urangan

Examples of Sold Properties 16 Arthur Street Urangan QLD 4655 Sale Price:

$238,000

Sale Date:

11 Oct 2013

Area:

809m2

Attributes:

3 Beds, 1 Baths, 1 Car Spaces

15 Deloraine Avenue Urangan QLD 4655 Sale Price:

$290,000

Sale Date:

1 Nov 2013

Area:

825m2

Attributes:

3 Beds, 1 Baths, 3 Lock Up Garages

105 Lauren Street Urangan QLD 4655 Sale Price:

$310,000

Sale Date:

4 Oct 2013

Area:

809m2

Attributes:

4 Beds, 2 Baths, 2 Lock Up Garages

35 Richard Street Urangan QLD 4655

Quantity

Lowest Sale

Sale Price:

$335,000

Sale Date:

8 Oct 2013

Area:

582m2

Attributes:

3 Beds, 1 Baths, 2 Car Spaces

Highest Sale

Median Value

Average Value

Total Value

*EXCLUDED

1

HOUSE

35

$191,911

$410,000

$283,000

$294,797

$10,317,911

LAND

5

$150,000

$272,500

$180,000

$193,100

$965,500

UNIT

11

$50,000

$355,000

$232,000

$221,772

$2,439,500

TOTAL

52

$13,722,911

Torquay Quantity

Lowest Sale

Highest Sale

Median Value

Average Value

Total Value

*EXCLUDED

2

HOUSE

19

$125,000

$582,000

$330,000

$356,315

$6,770,000

OTHER

1

$1,390,000

$1,390,000

$1,390,000

$1,390,000

$1,390,000

UNIT

10

$130,000

$262,500

$202,500

$203,750

$2,037,500 $10,198,000

33

TOTAL

Scarness Quantity

Lowest Sale

Highest Sale

Median Value

Average Value

Total Value

16

$205,000

$390,000

$278,000

$288,093

$4,609,500

LAND

1

$167,100

$167,100

$167,100

$167,100

$167,100

UNIT

3

$232,000

$335,000

$275,000

$280,666

$842,000

TOTAL

25

*EXCLUDED

5

HOUSE

$5,618,600

Pialba Quantity

Lowest Sale

Highest Sale

Median Value

Average Value

HOUSE

8

$180,000

$465,000

$283,500

$300,375

$2,403,000

LAND

4

$165,000

$6,550,000

$170,000

$1,763,750

$7,055,000

UNIT

2

$255,000

$341,000

$298,000

$298,000

TOTAL

Total Value

$596,000 $10,054,000

14

Point Vernon Quantity

Lowest Sale

Highest Sale

Median Value

Average Value

Total Value

*EXCLUDED

2

HOUSE

26

$220,000

$498,000

$303,500

$316,365

$8,225,500

LAND

3

$150,000

$255,000

$175,000

$193,333

$580,000

TOTAL

31

$8,805,500

Eli Waters Quantity

Lowest Sale

Highest Sale

Median Value

Average Value

Total Value

*EXCLUDED

1

HOUSE

14

$271,000

$447,000

$320,000

$332,000

$4,648,000

LAND

3

$148,000

$229,000

$180,000

$185,666

$557,000

UNIT

1

$10,000

$10,000

$10,000

$10,000

$10,000

TOTAL

19

$5,215,000

Urraween Quantity

Lowest Sale

Highest Sale

Median Value

Average Value

Total Value

*EXCLUDED

6

HOUSE

20

$190,000

$458,000

$321,500

$332,800

$6,656,000

LAND

7

$110,000

$1,800,000

$165,000

$393,500

$2,754,500

UNIT

1

$220,000

$220,000

$220,000

$220,000

$220,000

TOTAL

34

$9,630,500

Kawungan Quantity

Lowest Sale

Highest Sale

Median Value

Average Value

Total Value

*EXCLUDED

1

HOUSE

18

$13,500

$412,000

$297,500

$288,722

$5,197,000

LAND

5

$155,000

$160,000

$160,000

$159,000

$795,000

TOTAL

24

$5,992,000

Wondunna Quantity

Lowest Sale

Highest Sale

Median Value

Average Value

Total Value

*EXCLUDED

3

HOUSE

6

$335,000

$535,000

$442,500

$441,250

$2,647,500

LAND

3

$120,000

$193,000

$157,500

$156,833

$470,500

TOTAL

$3,118,000

12

River Heads Quantity

Lowest Sale

Highest Sale

Median Value

Average Value

Total Value

HOUSE

5

$195,000

$890,000

$308,000

$435,000

$2,175,000

LAND

5

$55,000

$135,000

$98,000

$97,600

$488,000

TOTAL

10

$2,663,000

Craignish Quantity

Lowest Sale

Highest Sale

Median Value

Average Value

Total Value

HOUSE

7

$353,000

$830,000

$530,000

$546,857

$3,828,000

LAND

3

$134,000

$330,000

$175,000

$213,000

$639,000

TOTAL

10

$4,467,000

Booral Quantity

Lowest Sale

*EXCLUDED

1

HOUSE

6

$320,000

LAND

2

$125,000

TOTAL

9

Highest Sale

Median Value

Average Value

Total Value

$514,000

$372,500

$384,083

$2,304,500

$380,000

$252,500

$252,500

$505,000 $2,809,500

Dundowran Beach Quantity

Lowest Sale

Highest Sale

Median Value

Average Value

Total Value

HOUSE

7

$500,000

$615,000

$555,000

$554,285

$3,880,000

LAND

1

$280,000

$280,000

$280,000

$280,000

$280,000

TOTAL

8

$4,160,000

Toogoom Quantity

Lowest Sale

Highest Sale

Median Value

Average Value

Total Value

HOUSE

16

$230,000

$900,000

$302,000

$387,750

$6,204,000

LAND

5

$90,000

$215,000

$107,000

$129,400

$647,000

TOTAL

21

$6,851,000

Damian Raxach 0403 880 327