Harcourts - 4069 Market Report - October 2016

Page 1

The 4069 Report

Residential property market

Chapel Hill, Fig Tree Pocket, Kenmore, Kenmore Hills, Brookfield, Pinjarra Hills & Pullenvale

Kathy de Jong 0418 985 969


Kathy de Jong

Your local experts for 4069 It is hard to believe it but we are two thirds of the way through the year and Spring is quite literally in the air. It is a very nesting time of year which is probably why Spring is typically our busiest selling season in real estate and while demand remains strong there are more homes on the market. Which makes how you come to market, right down to the smallest of details, important as you need to make your home stand out from the others. From a thorough renovation, through to sprucing up the gardens, de cluttering and perhaps even a fresh coat of paint, it can all make a difference and impact your selling price. But regardless of what you are thinking of improving, it is more important to know your market, to have a clear understanding of what the buyers are looking for. It pays to seek out a professional opinion as avoiding some of the most common, and costly, mistakes when getting your home ready for sale will ensure that your timing is just right and that the improvements you elect to make actually add value and result in a profit. If you would like to chat about your situation or would just like to get an indication as to what your property is worth in the current market even just for your own knowledge, feel free to call me anytime, you might be quite surprised.

Kathy de Jong I 0418 985 969 I kathy.dejong@harcourts.com.au


Staged!

By Susan Prior

What do the Global Financial Crisis and home staging have in common? Some of you who have been in the real estate market recently will know the answer to that, but many more will not have a clue about home staging. In times past, when you put your house on the market, you swept the driveway, mowed the lawn, made the beds and washed the dishes. If you were really keen you might give the place a lick of paint, or even percolate (remember those) some coffee and make a few biscuits so the house smelled homey and inviting. The GFC in 2007–2008 heralded the buyer’s market. Any advantage to sell your house faster, for better money, became appealing. Enter the home staging industry. Today, particularly in city suburbs, home staging is now regarded as an essential part of selling. I talk to professional home stager, Imogen Brown about the business and what she sees as the advantages. I must admit to coming to this interview a little cynical. Having viewed property after property that looked like a magazine cliché, with zip, nada, zilch personality, it makes me wonder about the process. I also wonder about its cost effectiveness. If I spend a motza getting my home ‘just so’ will I get my motza back in the selling price?

I am probably like many of you; I love my home. I am rather wedded to my books piled randomly around the place, my cute bits of collected tackiness. But, as Imogen gently explains, not everyone will love my eclectic taste: ‘It’s all about letting go. When selling, you need to move out twice, emotionally then physically.’ Imogen presents a convincing argument for home staging before selling. She works with the home seller and to a budget. She says, I’m a bit of a housewhisperer really. It is all about keeping the homes personality, but not yours, so that it doesn’t look staged. And it can bring huge rewards when you sell the property. Imogen says her biggest buzz is when the house sells well and the vendor is happy. A consultation with Imogen starts from $350. And that might be all you need to set you along the path to effectively staging your own place. She can rearrange your bits and pieces for you so they look great; she can advise on additional pieces to buy—maybe a few extra lamps, for example; or she can furnish a house from scratch using props. Whatever your budget, home staging can work for you.

Contact: Imogen Brown, Home Staging Brisbane P: 0432994056 W: www.homestagingbrisbane.com.au Facebook: https://www.facebook.com/HomeStagingBrisbane


Lance Zhou next to his state-of-the-art coffee machine at Plum Café.

It’s a plum spot Plum Café in the heart of Kenmore Plaza is a great all-round eatery. Open seven days a week, including for dinner on Thursday to Saturday, this café is in a really convenient and accessible location with plenty of car parking. Lance Zhou, the café’s owner, has been at Plum since 2007 and he knows all his regulars by name. Lance came to Australia from Shanghai in China 29 years ago. Before he came had been in the art dealing trade. He proudly tells me that he arrived in Brisbane one morning, and by that afternoon he had a job in the hospitality industry; since then he has never stopped working. Now he is married with two children – a son and a daughter - and is very much a family man. He is incredibly proud of his children’s achievements and tells me that one of the most important things in his life is to see them both do well. When he and his wife

By Susan Prior whether you are looking for breakfast, lunch or dinner. There are no short cuts at Plum. For example, the cakes and slices are all made by professional pastry chefs on the premises. Only free range eggs are allowed, and the bacon is from the Black Forest Smokehouse – a superior quality brand. On Thursdays, Fridays and Saturdays Lance fires up the pizza oven. Pizzas can be consumed in-house, with a glass of wine – the café is fully licensed – or you can take away. Coffee is supplied by Bear Bones Espresso, a boutique coffee roaster based in the Valley. They produce just two to three tonnes a week, making it a pretty exclusive brew. Lance recently purchased a state-of-the-art espresso machine, a Black Eagle, to do the Bear Bones’ coffee beans justice. I think you can safely say that Lance takes his coffee seriously. Tea lovers out there will like the fact that Lance uses

took over the café in 2007 he had just four staff. Today there are 28 people employed by Lance, some of whom have been with him for years.

loose-leaf tea. And, yes, it does make a difference.

The menu at Plum Café is varied and is changed every three months. There is something for everyone,

much fuss.

Plum Café is definitely a place to consider, especially if you want an easy evening meal option without too

Plum Café. Shop 17, 841 Moggill Road, Kenmore Plaza. P: 3378 5422 Hours: 7 days a week. Sunday to Wednesday 7.00am to 5.00pm; Thursday to Saturday 7.00am to 9.00pm. www.plumcafe.com.au


Kenmore

Statistics at a glance median price for the period

number of sales for the period

total sales ($) for the period

$640.5k 47 $30.85m

highest price for the period

lowest price for the period

days on market for the period

$1.6m $400k 62

Kenmore

Recent sales 19 Cedarleigh Road $1,600,000 10120m2

59 Edson Street $860,000 950m2

5

4

2

3

47 Sunset Road $840,000 744m2 4

3

2

2

3

5

2

1

4

2

4

2

100 Marland Street $725,000 934m2

4 Appin Street $720,000 756m2

4

4

2

2

2

2

2

2

4

2

4

102 Kersley Road $745,000 1123m2 2

6 Aurora Crescent $730,000 847m2 2

4

37 Princeton Street $780,000 607m2

7 Kersley Road $755,000 1363m2

38A Gilruth Road $730,000 1232m2 4

3

3 Jeymer Street $783,800 830m2

43 Gilruth Road $760,000 653m2 5

4

26 Gem Road $845,000 880m2

4

2

2

9 Fairweather Street $726,600 1017m2 2

5

3

2

27 Lentara Street $705,000 612m2 2

3

2

2


Kenmore

Recent sales (continued) 10 Kersley Road $700,000 713m2 4

2

2

53 Kenhaven Street $695,000 696m2

11 Kewarra Street $690,000 650m2

4

3

3

4

3

16 Glen Frew Street $685,000 612m2

13 Aberfeldy Street $670,000 832m2

24 Belford Street $670,000 604m2

4

5

3

2

2

6 Byambee Street $660,000 688m2 5

3

2

2

5 Byambee Street $640,088 637m2

4

4

2

6 Piari Street $625,000 632m2

3

4

1

2

21/60 Gubberley Street $610,000 569m2

8 Donna Street $605,000 723m2

3

3

2

2

2

38 Gubberley Street $655,203 607m2

40 Aberfoyle Street $631,000 660m2 2

2

3

1

2

1

3

2

2

4

2

2 Monter Court $580,000 653m2

2

4

2

1

2

5 Lois Street $605,000 792m2

18 Summerfield Place $580,000 710m2

2

2

55 Dumbarton Drive $610,000 615m2

32/17 Marshall Lane $590,000 124m2 2

2

2

2

64 Brookfield Road $580,000 1110m2

8 Dumbarton Drive $560,000 607m2

44 Brookfield Road $539,888 607m2

4

3

3

2

2

2

6/60 Gubberley Street $532,000 469m2

3 Eugenia Close $525,000 600m2

3

2

1

21 Annabel Street $515,000 632m2 4

1

1

3

2

951 Moggill Road $478,000 852m2

3

3

2

1

1

1

1/19 Merlin Terrace $519,950 199m2 –

27 Twilight Street $509,500 607m2

17/19 Merlin Terrace $492,500 190m2 2

2

3

2

2

6/19 Merlin Terrace $492,500 151m2 1

3

2

1

4 Riviere Place $475,000 622m2 1


Chapel Hill

Statistics at a glance median price for the period

number of sales for the period

total sales ($) for the period

$765k 37 $29.53m

highest price for the period

lowest price for the period

days on market for the period

$1.78m $320k 62

Chapel Hill Recent sales 95 Tristania Road $1,780,000 4102m2 5

5

4 Kulki Place $1,155,000 630m2 2

69 Mukurta Street $1,100,000 1138m2 5

3

2

25 Peebles Place $1,000,000 1017m2 4

2

2

14 Henry Street $940,000 506m2 5

3

2

4

2

4

2

3 Brushbox Court $1,025,000 971m2

5

5

4

4

2

3

2

47 Ngeringa Crescent $990,500 1071m2

22 Lomandra Place $957,000 817m2

4

4

2

2

2

2

81 Ngeringa Crescent $900,000 1495m2

275 Chapel Hill Road $875,000 837m2

4

5

2

85 Ludlow Street $830,000 607m2

5

4

2

2

48 Goolman Street $1,050,000 896m2

8 Chapel Hill Road $840,000 607m2 4

4A Carissa Place $1,140,000 1295m2

3

2

4

2

90 Greenford Street $830,000 899m2 2

4

2

2


Fig Tree Pocket

Statistics at a glance median price for the period

number of sales for the period

total sales ($) for the period

882.5k 18 $17.5m

highest price for the period

lowest price for the period

days on market for the period

$2.05m $450k 92

Fig Tree Pocket Recent sales 305 Kenmore Road $2,050,000 10610m2

70 Botticelli Street $1,600,000 2104m2

4

5

3

2

3

44 Ruth Miller Close $1,600,000 2121m2 3

5

3

49 Ruth Miller Close $1,210,000 1201m2

259 Jesmond Road $1,090,000 1555m2

43 Nankin Street $1,090,000 1853m2

5

4

5

3

2

2

43 Thiesfield Street $1,087,500 1032m2

7 Serene Place $1,050,000 800m2

4

4

2

2

7 Errogie Place $865,000 730m2 5

2

2

2

4

3

5 Cubberla Street $645,000 1002m2

3

2

3

2

29 Agnes Place $900,000 1917m2 2

10 Leinster Street $786,000 625m2

19 Oakington Street $702,000 610m2 2

2

2

6 Errogie Place $745,000 831m2 2

4

2

2

30 Emma Place $600,000 3843m2 –


Kenmore Hills & Brookfieldˆ Statistics at a glance median price for the period

number of sales for the period

total sales ($) for the period

$845k 18 $18.04m

highest price for the period

lowest price for the period

days on market for the period

$1.99mˆ $685k 101

Kenmore Hills & Brookfieldˆ Recent sales 17/157 Brookfield Road $1,000,000 1055m2

10/157 Brookfield Road $950,000 1104m2

40 Advanx Street $801,550 763m2

4

4

4

2

2

3

11 Castlewood Close $795,000 1070m2

265 Bielby Road $765,000 711m2

4

3

2

2

3

2

2

2

10 Valleybrook Street $685,000 872m2 2

4

2

2

30 Corniche Place * $1,990,000 10050m2

102 Savages Road * $1,810,000 40180m2

33 Westridge Street * $1,340,000 10120m2

6

5

4

3

4

88 Kintyre Street * $1,100,000 2025m2 4

3

3

25 Tangy Street * $871,800 1440m2 5 ^ Indicates Brookfield sales.

3

2

3

2

2

2

19 Mcconnell Crescent * $970,000 1335m2

8 Blackman Court * $911,000 1293m2

4

5

3

2

3

62 Jamieson Place * $868,500 832m2

3 Larter Court * $820,000 1009m2

4

5

2

3

3

2

3


Pullenvale & Pinjarra Hills* Statistics at a glance median price for the period

number of sales for the period

total sales ($) for the period

$884.2k 14 $13.91m

highest price for the period

lowest price for the period

days on market for the period

$1.5m $700k* 99

Pullenvale & Pinjarra Hills* Recent sales 50 Bainbridge Drive $1,500,000 4000m2

161 Pullenvale Road $1,455,000 10000m2

562 Grandview Road $1,180,000 40980m2

6

4

4

3

2

3

97 Grandview Road $1,150,000 29580m2

9 Lisk Street $1,100,000 10000m2

5

3

6

6

2

3

16 Ogle Place $930,000 4000m2 –

5

2

2

96 Huntingdale Street $912,000 10930m2

79 White Cedar Road $850,000 9465m2

339 Pullenvale Road $816,000 21200m2

5

4

6

3

2

2

2

2

2

40 Brimblecombe Circuit $805,000 4241m2

80 White Cedar Road $775,000 11060m2

30 Crows Ash Road $745,500 10010m2

4

3

4

2

2

2

2

327 Pinjarra Road * $995,000 10950m2

2634 Moggill Road * $700,000 10400m2

6

4

* Indicates Pinjarra Hills sales.

3

3

2

2

2

2


Kathy de Jong 0418 985 969

Kathy has been involved in real estate for more than 20 years, both as an avid investor and through her previous career of 25-plus years in the banking, financing and conveyancing sectors. Kathy’s ability to connect, listen and communicate effectively with people has greatly benefited her in her chosen field. It gives her clients the confidence that they have entrusted the right agent with their most important asset. With her exceptional negotiating skills, Kathy has proven time and again that she can obtain premium results for both sellers and purchasers, while her strong professional work ethic has resulted in a satisfied and happy client base. Responsive and supportive every step of the way, you can feel confident and assured when you choose Kathy to market and sell your property. You will receive thoroughly professional service coupled with honesty and integrity. Kathy happily goes the extra mile for her clients. With a positive attitude, refreshing honesty, and a genuine passion for property and people, you can expect and receive the exceptional service that has won Kathy the respect and trust of many home owners.

Kathy de Jong I 0418 985 969 I kathy.dejong@harcourts.com.au


Property Management: The Key to Professional Property Management Contact our property management team Call 0487 006 222 or email graceville.rentals@harcourts.com.au to reserve your place.

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B L IC AT

About this marketplace report. In compiling this report the author has relied upon information supplied by a number of external sources including CoreLogic RPdata. The publication is supplied on the basis that whilst every care has been taken in the preparation, no representation has been made and no responsibility is accepted for the accuracy of the whole or any part of the publication by the author. The transactions reported are for settled transactions reported during June, July, August & September 2016 and some properties have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Harcourts Graceville by datachurp.


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