New Farm Fortitude Valley Teneriffe Newstead Bowen Hills
Aaron Woolard Jul-Dec 2016 Bi-Annual Property Market Report
Hello.
Welcome to my bi-annual property market report for July to December 2016. Tips and predictions. As we launch into a new year it is hard to miss the newspaper articles and blog posts forecasting what will happen to the real estate market in 2017. There are certainly a lot of opinions, statistics and commentary out there. In fact, if you google search for it you will find about 3.8 million indexed results to read through. Now, that’s a lot of reading and if you are trying to work out if moving this year is the best for you the prospect of gathering some more market information can not only be daunting but also it downright confusing. For the sake of clarity and to put it simply, the local real estate market Brisbane wide remains stable. House price growth throughout 2016 was modest but trended up throughout the year and in most suburbs, the average price of a house has increased by around six per cent each year for the last ten years. That being said, if you would like to see how I can help and learn more specifically about the market that will impact your move – then give me a call.
Aaron Woolard 0421 145 386 aaronwoolard@eplace.com.au
New Farm HIGHEST SALE PRICE
$3.220m
MEDIAN SALE PRICE
$695,000
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
$207,500
71 days
The highest and lowest 5 sales ADDRESS
BED
BATH
CAR
LAND SIZE
SOLD DATE
SALE PRICE
1
4711/40 Hollins Crescent
–
–
–
490sqm
Aug-16
$3,220,000
2
1/5 Griffith Street
3
2
3
469sqm
Oct-16
$2,600,000
3
197 Annie Street
4
3
2
607sqm
Sep-16
$2,550,000
4
104 Annie Street
5
5
2
582sqm
Aug-16
$2,500,000
5
588 Lower Bowen Terrace
4
3
4
560sqm
Sep-16
$2,470,000
5
13/694 Brunswick Street
1
1
1
52sqm
Jul-16
$300,000
4
9/158 Kent Street
1
1
1
–
Aug-16
$275,000
3
20/417 Bowen Terrace
1
1
1
50sqm
Jul-16
$275,000
2
8/638 Brunswick Street
1
1
0
39sqm
Sep-16
$255,000
1
8/12 Bailey Street
1
1
0
29sqm
Aug-16
$207,500
SOLD BY AARON WOOLARD OCT 16 – $750,000. 2/35 TERRACE STREET, NEW FARM
Fortitude Valley HIGHEST SALE PRICE
$1.250m
MEDIAN SALE PRICE
$447,500
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
$220,000
87 days
The highest and lowest 5 sales ADDRESS
BED
BATH
CAR
LAND SIZE
SOLD DATE
SALE PRICE
1
129 Arthur Street
4
1
–
465sqm
Nov-16
$1,250,000
2
807/100 Bowen Terrace
2
2
1
113sqm
Jul-16
$820,000
3
418/100 Bowen Terrace
2
2
1
122sqm
Aug-16
$650,000
4
1510/977 Ann Street
2
2
1
–
Sep-16
$582,500
5
512/38 Warner Street
2
2
1
–
Jul-16
$582,000
5
27/592 Ann Street
1
1
1
–
Oct-16
$275,000
4
21/19 Agnes Street
1
2
1
–
Jul-16
$259,000
3
29/8 Duncan Street
1
1
0
–
Jul-16
$240,000
2
45/131 Wickham Street
1
1
0
–
Sep-16
$225,000
1
68/455 Brunswick Street
1
1
1
45sqm
Sep-16
$220,000
SOLD BY AARON WOOLARD AUG 16 – $537,000. 311/351 BRUNSWICK STREET, FORTITUDE VALLEY
Teneriffe HIGHEST SALE PRICE
$3.100m
MEDIAN SALE PRICE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
$605,000
$357,000
92 days
The highest and lowest 5 sales ADDRESS
BED
BATH
CAR
LAND SIZE
SOLD DATE
SALE PRICE
1
29/1 Macquarie Street
3
2
2
308sqm
Aug-16
$3,100,000
2
1/75 Macquarie Street
3
3
2
377sqm
Oct-16
$2,950,000
3
273 Kent Street
4
3
2
606sqm
Nov-16
$2,800,000
4
3/4 Tilbrook Street
4
3
2
–
Oct-16
$1,900,000
5
279 Kent Street
6
3
2
450sqm
Oct-16
$1,850,000
5
24/46 Chermside Street
1
1
1
–
Sep-16
$385,000
4
36/46 Chermside Street
1
1
1
–
Oct-16
$370,000
3
43/46 Chermside Street
1
1
1
–
Oct-16
$367,000
2
32/139 Commercial Road
1
1
1
–
Aug-16
$365,000
1
163/139 Commercial Road
1
1
1
70sqm
Sep-16
$357,000
SOLD BY AARON WOOLARD OCT 16 – $2,950,000. 1/75 MACQUARIE STREET, TENERIFFE
Newstead HIGHEST SALE PRICE
$6.200m
MEDIAN SALE PRICE
$620,000
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
$325,000
155 days
The highest and lowest 5 sales ADDRESS
BED
BATH
CAR
LAND SIZE
SOLD DATE
SALE PRICE
1
350/1 Newstead Terrace
4
3
4
527sqm
Sep-16
$6,200,000
2
932/1 Newstead Terrace
3
2
2
225sqm
Jul-16
$2,150,000
3
93/49 Newstead Terrace
2
2
2
–
Aug-16
$1,359,145
4
1191/12 Longland Street
3
2
2
182sqm
Sep-16
$1,280,000
5
1103/12 Longland Street
3
2
2
173sqm
Aug-16
$1,030,800
5
310/28 Masters Street
2
2
1
69sqm
Sep-16
$420,000
4
1/30 Festival Place
–
–
–
73sqm
Sep-16
$420,000
3
103/28 Masters Street
2
2
1
119sqm
Sep-16
$420,000
2
2/32 Newstead Terrace
2
2
1
85sqm
Oct-16
$370,000
1
15/32 Newstead Terrace
1
1
1
61sqm
Jul-16
$325,000
SOLD BY AARON WOOLARD SEP 16 – $650,000. 1065/12 LONGLAND STREET, NEWSTEAD
Bowen Hills HIGHEST SALE PRICE
MEDIAN SALE PRICE
$745,000
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
$425,000
$260,000
77 days
The highest and lowest 5 sales ADDRESS
BED
BATH
CAR
LAND SIZE
SOLD DATE
SALE PRICE
1
21/7 Boyd Street
3
2
2
–
Sep-16
$745,000
2
48 Cintra Road
2
2
1
108sqm
Aug-16
$595,000
3
48 Cintra Road
2
2
1
108sqm
Aug-16
$585,000
4
5/23 Jordan Terrace
2
1
1
–
Oct-16
$545,000
5
24 Brewers Street
2
2
1
82sqm
Aug-16
$515,000
5
19/78 Brookes Street
2
2
1
105sqm
Aug-16
$370,000
4
1/1 Hurworth Street
1
1
1
55sqm
Oct-16
$298,000
3
1023/16 Hamilton Place
1
1
1
57sqm
Nov-16
$285,000
2
201/8 Jeays Street
1
1
1
64sqm
Nov-16
$280,000
1
1806/8 Jeays Street
1
1
–
50sqm
Sep-16
$260,000
AARON WOOLARD NOV 16 – $545,000. 5/23 JORDON TERRACE, BOWEN HILLS
Aaron Woolard
Aaron Woolard and his team are to be congratulated “Aaron is everything you could hope and wish for in a Real Estate Agent. He is certainly a “cut above” his other colleagues in the industry. Whether you are a Seller or a Buyer, Aaron ticks all the boxes, in terms of his market knowledge, his professionalism, his integrity, plus his great communication skills and most important of all, his ability to really listen. Aaron is backed by a very reliable and efficient team. Whether buying or selling, I would not hesitate to employ Aaron’s services into the future.” June – 638 Brunswick Street, New Farm
0421 145 386
aaronwoolard@eplace.com.au About this marketplace report. In compiling this report the author has relied upon information supplied by several external sources including PriceFinder. 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 the settled residential transactions reported during July to December 2016, some properties have been excluded on the basis that the information could not be verified to the authors satisfaction but may include transactions that occurred in the prior periods that weren’t previously reported. Prepared for Aaron Woolard, and Place by datachurp.