Your place in the market. 2016 Q4 Marketplace Report | Alex Rutherford
Hello.
“Alex’s knowledge of the market was second to none and she was completely honest with us from the onset of the proposed sale whether our expectations were realistic. The marketing photographs were excellent and showed our apartment at Parkland Boulevard at it’s best. Alex presented all offers and negotiated with the eventual buyer to get our asking price after only 3 weeks. I would recommend Alex to anyone buying or selling their property.” George and Christine, Sellers
With most of the concern for the Brisbane apartment market focussed on over-supply issues and waining demand from the investment section, a number of experts and econnomists are predicting that the median apartment price will drop by a further four per cent in 2017. Contradicting this however is the continued enthusiasm we are seeing from owner occupier sales and a number of investors who have a longer than average hold strategy for their appartment purchases. Given the mixed news, it is more important than before to have an effective strategy to deal with your apartment sale and we are here to help you achieve an outstanding result. Call me today on 0417 877 828.
HIGHEST SALE PRICE
$1.690m
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
$148,000
84 days
TOTAL PROPERTIES SOLD
AUCTION CLEARANCE RATE
407 properties 140 properties 32.4 percent
Spring Hill, Brisbane City, West End & Newstead top 5 sales Suburb
Bed
Bath
Car
1
Street Address 2/137 Fortescue Street
Spring Hill
4
2
3
$1,050,000
Sale Price
2
1/34 Hartley Street
Spring Hill
3
2
1
3
84/170 Leichhardt Street
Spring Hill
2
2
2
4
71/170 Leichhardt Street
Spring Hill
2
2
5
30/47 Twine Street
Spring Hill
2
2
1
116/32 Macrossan Street
Brisbane City
3
2
13/30 Macrossan Street
Brisbane City
3
3
29/501 Queen Street
Brisbane City
4
66/32 Macrossan Street
Brisbane City
5
39/32 Macrossan Street
Brisbane City
Street Address
Suburb
Bed
Bath
Car
West End
3
2
2
$1,690,000
2305/45 Duncan Street
West End
3
2
2
$1,650,000
113/10 Pidgeon Close
West End
3
2
2
$1,265,000
4
4103/55 Forbes Street
West End
3
2
2
$1,100,000
5
2312/45 Duncan Street
West End
2
2
2
$745,000
$1,280,000
1
1073/12 Longland Street
Newstead
2
2
1
$980,000
$1,150,000
2
1074/12 Longland Street
Newstead
2
2
1
$765,000
2
$1,059,000
3
82/27 Cunningham Street
Newstead
2
2
1
$660,000
1
$820,000
4
102/27 Cunningham Street
Newstead
2
2
1
$655,000
1
$787,000
5
37/20 Newstead Terrace
Newstead
2
2
1
$625,000
1
2504/45 Duncan Street
$518,000
2
$487,500
3
1
$465,000
1
$445,000
2
2
2
2
3
2
2
2
2
2
Sale Price
RECENTLY SOLD
Alex Rutherford 0417 877 828 alexrutherford@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 October, November and December 2016, some properties have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Alex Rutherford and Place New Farm by datachurp.