Your place in the market. 2016 Q1 Marketplace Report I Alex Rutherford
Hello. Welcome to my latest report on house sales in Hamilton, Ascot and Clayfield and for apartment sales in Spring Hill, Brisbane City, West End and Newstead. Thanks to a lengthy tenure in real estate experience it comes as no surprise to me that the market is on the move again. With a continually shifting base of buyer and seller sentiment, the influence of external factors like interest rate and lending practice changes, navigating the sale or purchase of your home is one that requires skill, knowledge, understanding and care. Which is where I step in.To discuss how this market can work for you, call me today.
28 properties sold across three suburbs
The current market. As we start our climb towards the middle part of the year, it is interesting to see what changes have taken place in the property market. Across Australia’s capital cities, and when compared to the same time last year, house prices have continued to grow, albeit by smaller percentages than previously which suggests that we have returned to a more modest paced market or cycle. Year on year, Brisbane as a whole grew by 4.5% and remains one of Australia’s most stable and most consistent market places in terms of capital growth. It is also unlikely that as a whole Brisbane will see any significant swing or adjustment to this level throughout the remainder of 2016. There are a number of factors that have resulted in Brisbane’s resilient trend since 2012, namely; consistent population growth change with an average growth rate of 2.2% per annum over the last ten years, there is generally less speculation based property investment and the market has consistently seen a level of supply – or homes – coming to the market.
HIGHEST SALE PRICE
$2.635m
Number of properties for sale
average time on the market
LOWEST SALE PRICE
$575,000
94 days
45 properties
Ascot top ten sales Bed
Bath
Car
Sale Date
Land Size
Sale Price
1
Street Address 94 Kitchener Road
1
1
10
Jan-16
1973sqm
$2,635,000
2
109 Alexandra Road
5
3
2
Feb-16
610sqm
$2,000,000
3
3 Abbott Street
4
2
2
Mar-16
367sqm
$1,250,000
4
54 Upper Lancaster Road
3
2
2
Jan-16
405sqm
$1,120,000
5
25 Wren Street
4
3
2
Feb-16
324sqm
$1,100,000
6
67 Upper Lancaster Road
3
2
2
Jan-16
405sqm
$990,000
7
1 Moynihan Street
4
2
3
Feb-16
429sqm
$980,000
8
63 Charlton Street
3
1
1
Jan-16
473sqm
$940,000
9
146 Kitchener Road
3
1
1
Feb-16
604sqm
$850,000
10
15 Hampden Street
3
3
2
Mar-16
168sqm
$575,000
HIGHEST SALE PRICE
$2.360m
Number of properties for sale
average time on the market
LOWEST SALE PRICE
$385,000
108 days
72 properties
Clayfield top ten sales Bed
Bath
Car
Sale Date
Land Size
Sale Price
1
Street Address 14 Barlow Street
5
3
4
Feb-16
1215sqm
$2,360,000
2
151 Alexandra Road
5
3
2
Feb-16
531sqm
$1,665,000
3
11 Bayview Terrace
5
2
2
Feb-16
612sqm
$1,405,000
4
102 Barlow Street
4
3
2
Jan-16
405sqm
$1,275,000
5
22 Highclere Street
5
2
2
Feb-16
496sqm
$1,100,000
6
55 Jackson Street
3
2
1
Feb-16
327sqm
$865,000
7
7 Nellie Street
3
1
2
Jan-16
399sqm
$806,000
8
4 Stuckey Road
3
1
1
Jan-16
400sqm
$722,500
9
13 Kemble Street
3
2
2
Jan-16
405sqm
$690,000
10
58 Noble Street
3
1
2
Feb-16
731sqm
$660,000
HIGHEST SALE PRICE
$6.625m
Number of properties for sale
average time on the market
LOWEST SALE PRICE
$587,000
102 days
71 properties
Hamilton top ten sales Bed
Bath
Car
Sale Date
Land Size
Sale Price
1
Street Address 34 Mullens Street
5
4
4
Dec-15
2435sqm
$6,625,000
2
35 Hipwood Road
5
3
2
Jan-16
911sqm
$2,580,000
3
13 Ludlow Street
5
3
2
Feb-16
427sqm
$2,330,000
4
40 Pine Street
4
3
2
Jan-16
587sqm
$2,000,000
5
58 Crescent Road
4
2
2
Dec-15
769sqm
$1,550,000
6
35 Joynt Street
5
3
2
Dec-15
683sqm
$1,130,000
7
48 Hillside Crescent
3
1
4
Dec-15
350sqm
$1,040,000
8
35 Royal Terrace
3
1
2
Dec-15
592sqm
$835,000
9
145 Allen Street
3
1
2
Feb-16
810sqm
$830,000
10
20A Oxford Street
3
2
2
Dec-15
206sqm
$720,000
140 properties sold across four suburbs
Parkland Blvd Alex has great knowledge of the Parkland Blvd precinct, was very responsive and professional during the all stages of my property purchase. If I were to buy another apartment in the Parkland Blvd precinct I would definitely approach Alex as a buyer’s agent. Kyle, Brisbane
Hart Court Alex was a pleasure to deal with in the recent purchase of our house. She
is
highly
communication
committed is
and
outstanding.
her She
went out of her way on many occasions to assist us with access to the house and answer questions we had. Angela, Brookfield
Grenier Street From the start to finish, Alex made purchasing my home feel ridiculously easy and was always on hand and quick to answer any questions I had and made the whole process feel very smooth, she is extremely efficient and personable. Lisa, Spring Hill
HIGHEST SALE PRICE
$710,000
$130,000
Number of properties for sale
average time on the market
LOWEST SALE PRICE
64 days
71 properties
Spring Hill top ten sales Street Address
Bed
Bath
Car
Sale Date
Sale Price
1
25/451 Gregory Terrace
3
2
2
Jan-16
$710,000
2
9/251 Gregory Terrace
2
2
2
Feb-16
$485,000
3
11/53 St Pauls Terrace
2
2
0
Jan-16
$475,000
4
15/31 Twine Street
2
2
1
Feb-16
$470,000
5
17/2 St Pauls Terrace
2
2
2
Jan-16
$455,000
6
609/448 Boundary Street
2
2
1
Jan-16
$427,500
7
3/574 Boundary Street
2
1
1
Jan-16
$418,500
8
1/95 Berry Street
2
1
1
Jan-16
$415,000
9
1/32 Fortescue Street
2
2
1
Jan-16
$382,500
10
11/28 Fortescue Street
1
1
1
Feb-16
$374,025
HIGHEST SALE PRICE
$1.060m
$137,000
Number of properties for sale
average time on the market
LOWEST SALE PRICE
71 days
202 properties
Brisbane City top ten sales Street Address
Bed
Bath
Car
Sale Date
Sale Price
1
78/32 Macrossan Street
3
2
2
Feb-16
$1,060,000
2
607/420 Queen Street
3
2
2
Feb-16
$940,000
3
343/18 Tank Street
2
2
2
Jan-16
$895,000
4
20/501 Queen Street
2
2
1
Jan-16
$770,000
5
91/30 Macrossan Street
3
2
1
Feb-16
$747,000
6
26/208 Adelaide Street
2
2
2
Jan-16
$720,000
7
26/132 Alice Street
2
2
1
Mar-16
$700,000
8
5/540 Queen Street
3
2
1
Jan-16
$680,000
9
4001/3-7 Parkland Boulevard
2
2
1
Jan-16
$642,000
10
3301/43 Herschel Street
2
2
0
Feb-16
$640,000
HIGHEST SALE PRICE
$1.420m
$230,000
Number of properties for sale
average time on the market
LOWEST SALE PRICE
86 days
111 properties
West End top ten sales Street Address
Bed
Bath
Car
Sale Date
Sale Price
1
10/35 Buchanan Street
3
2
2
Jan-16
$1,420,000
2
2511/45 Duncan Street
3
2
2
Jan-16
$1,090,000
3
2512/45 Duncan Street
2
2
1
Feb-16
$959,000
4
1401/45 Duncan Street
3
2
2
Jan-16
$945,000
5
23/35 Buchanan Street
2
2
2
Jan-16
$695,000
6
7114/55 Forbes Street
2
2
1
Feb-16
$550,000
7
21/8 Doris Street
2
1
1
Feb-16
$550,000
8
44/37 Duncan Street
2
2
1
Jan-16
$535,000
9
226/8 Musgrave Street
2
2
1
Feb-16
$505,000
10
8/443 Montague Road
2
2
1
Jan-16
$490,000
HIGHEST SALE PRICE
$3.190m
$405,000
Number of properties for sale
average time on the market
LOWEST SALE PRICE
89 days
44 properties
Newstead top ten sales Street Address
Bed
Bath
Car
Sale Date
Sale Price
1
241/1 Newstead Terrace
3
3
2
Feb-16
$3,190,000
2
124/45 Newstead Terrace
2
2
2
Feb-16
$1,258,000
3
21/43-57 Newstead Terrace
2
2
2
Feb-16
$1,165,000
4
134/43-57 Newstead Terrace
2
2
1
Jan-16
$985,000
5
22/20 Newstead Terrace
3
2
2
Feb-16
$852,000
6
306/16 Masters Street
2
2
1
Jan-16
$572,500
7
101/28 Masters Street
2
2
2
Feb-16
$530,000
8
405/16 Masters Street
1
1
0
Feb-16
$427,500
9
508/16 Masters Street
1
1
0
Mar-16
$422,500
10
105/16 Masters Street
1
1
0
Jan-16
$405,000
recently sold BRISBANE CITY $642,000 NEW FARM $405,000
Brisbane City $416,000 Brisbane City $440,000
Spring Hill $760,000
Villiers Street After the first inspection we received a contract on the property the next business day. We were really impressed with how fast Alex converted inspections into genuine offers. I would recommend Alex and her team at Place to family and friends. Amy, New Farm
Alex Rutherford 0417 877 828 alexrutherford@eplace.com.au