Your place in the market. 2015 Q3 Marketplace Report I Aaron Woolard
Hello. Welcome to my quarter 3 report on property in New Farm, Fortitude Valley, Teneriffe and Newstead. As a passionate member of the local community, living and working here in the New Farm area, when I’m not out walking my dog through these vibrant neighbourhoods, I love enjoying the booming local cafe and restaurant culture. In fact, I believe that it’s this insiders perspective that gives me the advantage, an astute view, when selling properties in these prized Brisbane suburbs.
164 properties sold across four suburbs
The current market. Brisbane, and particularly inner-suburban Brisbane, remains one of the most stable capital city property markets in Australia. With some lofty price growth being seen in Melbourne and more so Sydney, Brisbane has remained relatively subdued and has only enjoyed modest gains over the last five years. But while the city wide (Brisbane) average five year median apartment price has consistently hovered around the 3-4% mark New Farm, Fortitude Valley, Teneriffe and Newstead have produced comparatively stronger results. The five year median price change for New Farm came in at 10.1%. Fortitude Valley at 8.9%, Teneriffe the standout at 29.5% and Newstead an impressive 23.7%. Despite some segments within the investor market showing early signs of slowing the fact remains that the majority of buyers remain upbeat and positive. As a result of such we expect that 2015 will continue its to date strong performance as we come to the end of the year.
Doggett Street As a buyer, we were looking for some time so it was a refreshing change to deal with Aaron. Whilst being a savvy sales person Aaron is also very personable, easy to deal with and provided fantastic follow up. We instantly built a great rapport with him. Helen B & Eddie L, Fortitude Valley
Dath Street Aaron knows the metro market incredibly well and gave excellent suggestions around how to best position and present the properties. He sold my Teneriffe property in under 7 days on the market. He is the utmost professional in all of his dealings. Stacey H, Teneriffe
Brunswick Street If you are looking for someone with a fresh and honest approach in New Farm and surrounds, then Aaron should be your first contact. He brings a lot of experience, lives in the area and knows the market and his target market. Sarah C, New Farm
HIGHEST SALE PRICE
$2.40m
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
$300,000
72 days
149 properties
New Farm top ten sales Street Address
Bed
Bath
Car
Land Size
1
11 Clay Street
2
1
2
298m
Jul-15
$920,000
2
21 Welsby Street
2
1
2
506m2
Aug-15
$925,000
3
18/24 Moray Street
3
2
1
-
Jul-15
$925,000
4
16/16 Moray Street
2
2
2
135m2
Aug-15
$1,025,000
5
22/27 Mountford Road
3
2
1
-
Jul-15
$1,300,000
6
24 Bailey Street
3
2
1
607m2
Jul-15
$1,500,000
7
407 Bowen Terrace
4
3
2
2
423m
Jul-15
$1,500,000
8
2331/22 Refinery Parade
3
2
2
201m2
Jul-15
$1,600,000
9
158 Heal Street
4
3
2
506m
Aug-15
$2,372,000
10
105 Villiers Street
4
3
2
405m2
Jul-15
$2,400,000
2
2
Sale Date
Sale Price
HIGHEST SALE PRICE
$928,000
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
$256,500
63 days
130 properties
Fortitude Valley top ten sales Street Address
Bed
Bath
Car
Land Size
Sale Date
Sale Price
2
1
54/50 Anderson Street
2
2
1
158m
Jul-15
$535,000
2
21/50 Anderson Street
3
2
1
146m2
Jul-15
$545,000
3
1908/25 Connor Street
2
2
1
77m
Aug-15
$546,250
4
308/38 Warner Street
2
2
1
134m2
Jul-15
$547,500
5
1306/25 Connor Street
2
2
1
82m
Jul-15
$565,000
6
202/100 Bowen Terrace
2
2
1
111m2
Aug-15
$625,000
7
1112/8 Church Street
2
2
2
2
90m
Aug-15
$645,000
8
1212/8 Church Street
2
2
2
90m2
Aug-15
$655,000
9
402/8 Church Street
3
2
2
2
156m
Aug-15
$735,000
10
614/100 Bowen Terrace
3
2
2
149m2
Aug-15
$928,000
2
2
HIGHEST SALE PRICE
$2.20m
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
$250,000
79 days
83 properties
Teneriffe top ten sales Street Address
Bed
Bath
Car
Land Size
Sale Date
Sale Price
1
21 Small Street
1
1
2
2
224m
Jul-15
$960,000
2
39/135 Macquarie Street
3
2
2
159m2
Jul-15
$1,040,000
3
269 Kent Street
3
1
-
2
304m
Jul-15
$1,055,000
4
292 Kent Street
4
3
6
447m2
Jul-15
$1,175,000
5
11 Abercrombie Street
3
2
2
300m
Jul-15
$1,250,000
6
11 Davidson Terrace
3
2
2
304m2
Aug-15
$1,300,000
7
627/8 Skyring Terrace
3
2
2
216m
Jul-15
$1,415,000
8
4/69 Kingsholme Street
4
3
2
300m2
Aug-15
$1,500,000
9
87 Little Chester Street
3
3
2
304m
Aug-15
$1,850,000
10
9/24 Macquarie Street
3
3
2
320m2
Jul-15
$2,200,000
2
2
2
HIGHEST SALE PRICE
$1.575m
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
$348,000
64 days
38 properties
Newstead top ten sales Street Address
Bed
Bath
Car
Land Size
Sale Date
Sale Price
1
301/19 Masters Street
2
2
1
94m
Jul-15
$494,250
2
6/4 Kyabra Street
2
2
1
102m2
Jul-15
$630,000
3
37/20 Newstead Terrace
2
2
1
119m
Jul-15
$637,000
4
30/27 Cunningham Street
2
2
2
116m2
Aug-15
$810,000
5
2/9 Newstead Avenue
3
2
2
245m
Aug-15
$830,000
6
24/43-57 Newstead Terrace
2
2
1
-
Jul-15
$930,000
7
57/20 Newstead Terrace
3
2
2
141m
Aug-15
$960,000
8
22/27 Cunningham Street
3
2
2
163m2
Jul-15
$1,160,000
9
54/27 Cunningham Street
3
2
2
154m
Jul-15
$1,340,000
10
165/45 Newstead Terrace
3
2
2
213m2
Aug-15
$1,575,000
2
2
2
2
2
RECENTLY SOLD NEW FARM $770,000 FORTITUDE VALLEY $565,000
NEW FARM $1,150,000
NEW FARM $718,000
BOWEN HILLS $375,000
Bailey Street During the sale of our property, we found Aaron to be the consummate professional: honest, very personable, never
pushy,
very
organised
and
efficient. He had excellent knowledge of the market and an effective team to support him with all aspects of the sale. Peter & Inez W, New Farm
Aaron Woolard 0421 145 386 aaronwoolard@eplace.com.au