Brenda Mitchell - The 4216 Report - Residential Property Marketplace Q2 2016

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The 4216 Report

Residential property marketplace Biggera Waters and Runaway Bay

Brenda Mitchell 0439 546 005


Brenda Mitchell Your Agent

A recent survey of some 300 plus buyers has delivered some interesting insights into how we go about buying our homes. Not surprisingly, 59% of the respondents said that they initially fell in love with a home purely based on its location. For those who responded in favour of location, 40% wanted easy access to transport options and infrastructure, 29% wanted convenient access to shopping and local amenities and 16% fell in love with the location because it meant living close to family and friends. Most of the locals, and those aspiring to become one, that I meet agree that moving into this great part of the world means a truly rewarding and relaxing lifestyle. From the sheer livability of what is on offer in terms of local amenities, places to visit and things to do, through to a kaleidoscope of places to eat, dine and entertain we have it all on offer and it will only get better. With the billions of dollars being pledged or invested into upgrading infrastructure throughout the greater local Gold Coast area we continue to be an attractive place to call home and local upgrades and changes will certainly influence the decisions of many buyers. But what does that mean for you if you are trying to buy or sell? If you would like some down to earth advice on how to best navigate our local real estate market or to learn how these changes could impact you and your home, then please feel free to give me a call at any time.

Brenda Mitchell I 0439 546 005 I brenda.mitchell@harcourts.com.au


History

Biggera Waters and Runaway Bay The Runaway Bay and Biggera Waters areas are two of the premium suburbs on the northern end of the Gold Coast to live and play. We aim to provide a timely update on these areas, being specific to the community where you currently reside, or wish to live.

Runaway Bay History Runaway Bay consists mainly of canal estates and

Biggera Waters has some canal estates, and overlooks

benefits from nearby marinas and shopping in

the Broadwater. The area boasts an outdoor gym and

Runaway Bay Shopping Village or Harbour Town in

walking paths running along the park allowing the

nearby Biggera Waters.

residents to enjoy many outdoor activities with the

The residential canals offer exclusive waterfront

family including boating in the canals.

homes for those who enjoy boating on the

Biggera Waters hosts Harbour Town factory outlets

Broadwater. Residents also enjoy the Sports Super

with names from Hugo Boss to Lindt Chocolate, and

Centre, covering a large range of sporting activities

was built on the old drive-in movie theatre site.

for the public or elite athletes.

Biggera Waters was said to be named from an

Runaway Bay was named by Neil McCowan and John

Aboriginal word meaning the red iron bark tree,

Garnsey, who saw the area as a tranquil escape.

Eucalyptus sideroploia.

Biggera Waters History

I encourage you to explore your neighbourhoods,

Biggera Waters is on the edge of the Broadwater and

go to the beach, try boating in the canals, work out

is located just south of Runaway Bay. Biggera Creek

at the community sports centre or relax under a

flows through the middle of the suburb to the mouth

tree in one of the many spectacular parks.

of the creek that is known as Land’s End.


Biggera Waters

Statistics at a glance median price for the period

number of sales for the period

total sales ($) for the period

$408k 85 $41.8m

highest price for the period

lowest price for the period

days on market for the period

$1.61m $145k 88

Biggera Waters

Top 40 recent sales 20 North Quay Drive $1,610,000 732m2

95 Brisbane Road $1,440,000 1235m2

55 Compass Drive $1,175,000 602m2

4

4

3

3

2

4

35 Vaggelas Crescent $970,000 589m2

52 Stradbroke Street $900,000 1217m2

68 Brighton Street $880,000 405m2

5

3

5

3

2

2

2

3

2

70 Brighton Street $880,000 405m2

1/47 Compass Drive $850,000 199m2

38 South Quay Drive $820,000 460m2

5

3

4

3

2

2

2

2

2

30 Vaggelas Crescent $805,000 254m2

13 Kennedy Street $800,000 511m2

46 Vaggelas Crescent $800,000 572m2

3

4

2

2

2

3

2

1

4


1/30 Vaggelas Crescent $800,000 254m2

12 Vaggelas Crescent $755,000 655m2

2/21 Perry Place $750,000 171m2

3

3

3

3

2

1

2

2

2/10 Helena Street $700,000 269m2

1/10 Helena Street $700,000 269m2

1/7 Perry Place $672,000 134m2

3

3

4

2

2

2

2

2

2

2

11302/5 Harbour Side Court $649,000

11102/5 Harbour Side Court $619,000

24 Hollywell Road $600,000 554m2

3

3

4

2

2

2

2

2

4

1904/5 Harbour Side Court $598,000

2/2 Compass Drive $575,000 227m2

8 Lergessner Street $555,000 551m2

3

3

4

2

1

31 Parr Street $545,000 506m2 3

1

1

2

2

2

14 Collier Avenue $527,500 506m2

3 Fiona Street $525,000 506m2

4

3

2

2

1

2

2

1/32 Burrows Street $515,000 448m2

717/430 Marine Parade $515,000

17 Waratah Avenue $512,500 506m2

3

2

4

2

1

2

1

2

4

11208/5 Harbour Side Court $499,000

11106/5 Harbour Side Court $499,000

1609/5 Harbour Side Court $499,000

3

2

2

2

1

2

1

2

1

4/77 Brighton Street $472,500 159m2

1708/5 Harbour Side Court $469,000

1808/5 Harbour Side Court $465,000

3

2

2

3

2

2

1

2

7 Cabarita Street $460,000 521m2

1608/5 Harbour Side Court $459,000

11 Parr Street $452,500 410m2

3

3

2

1

1

2

1

1

1

1

506/43 Harbour Town Drive $445,000

2/448 Marine Parade $440,000

206/11 Compass Drive $438,000

3

2

3

2

1

2

2

2

1

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 the top 40 settled transactions reported during April, May and June 2016 and some properties have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Brenda Mitchell by datachurp.


Runaway Bay

Statistics at a glance median price for the period

number of sales for the period

total sales ($) for the period

$667.5k 56 $47.5m

highest price for the period

lowest price for the period

days on market for the period

$5.00m $276k 79

Runaway Bay

Top 40 recent sales 8 Shearwater Esplanade $5,000,000 937m2

131 Sundance Way $1,550,000 815m2

49 Daru Avenue $1,483,000 1048m2

5

6

6

6

8

4

2

5

28 Anglers Esplanade $1,440,000 761m2

1/11 Joseph Street $1,300,000 193m2

14 Torio Place $1,275,000 933m2

4

5

3

39 Limetree Parade $1,255,000 669m2

5 Huon Crescent $1,250,000 391m2

4

5

3

4

46 Lae Drive $1,180,000 836m2

5

5

2

3

2

3

2

3

109 Pebble Beach Drive $1,210,000 684m2

3

4

2

2

30 Sundance Way $1,150,000 723m2

10 Grand Canal Way $1,120,000 706m2

4

4

4

4

2

2


42 Pebble Beach Drive $1,060,000 820m2

102 Sundance Way $1,050,000 676m2

11 Midnight Court $1,045,000 708m2

3

5

4

2

2

4

7/131 Morala Avenue $1,040,000 892m2

1/10 Ray Street $1,015,000 110m2

4

3

2

2

3

2

3

182 Morala Avenue $1,010,000 715m2

2

4

4

24 Midnight Court $960,000 677m2

15 Chesterfield Place $955,000 791m2

2/10 Ray Street $925,000 94m2

4

3

3

2

2

126 Lae Drive $880,000 794m2

4

2

2

2

2

2

3

2

2

166 Morala Avenue $880,000 687m2

2/26 Howard Street $855,000 94m2

4

2

3

2

1

1

1/26 Howard Street $855,000 93m2

4 Kavieng Crescent $850,000 984m2

4/27-29 Madang Crescent $700,000

2

4

2

1

1

2

2

2

1

15 Rabaul Avenue $670,000 620m2

16/5 Oatland Esplanade $665,000

59 Anchorage Way $660,000 600m2

3

2

4

2

1

2

2/23 Broadwater Street $645,000 130m2

13 Ray Street $630,000 516m2

3

3

2

2

1

2

2

19 Broadwater Street $615,000 539m2

2

5

2

22 Broadwater Street $600,000 549m2

12/100 Morala Avenue $580,000 168m2

506 Oxley Drive $580,000 600m2

3

3

3

2

1

2

4

2

2

2

2

5 St Nicholas Street $540,000 521m2

23T/20-28 Bayview Street $525,000

35 Annerley Avenue $520,000 521m2

3

3

3

1

1

2

2

2

2

2/68 Bayview Street $520,000 326m2

1/24 Howard Street $520,000 123m2

60/9 Bayview Street $510,000

3

3

2

2

2

3

3

2

1

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 the top 40 settled transactions reported during April, May and June 2016 and some properties have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Brenda Mitchell by datachurp.


Brenda Mitchell 0439 546 005

Brenda Mitchell is your local real estate expert whose drive, perseverance and powerful negotiation skills give her clients a distinct advantage in the competitive world of real estate. Selling or buying a home is like going on a new journey to start the next chapter of your life. Brenda Mitchell strives to exceed your expectations with the professional service she provides in today’s property market. In her 7th year of real estate, Brenda has established herself as an award winning agent, and appreciates that our job is more than just property; it is supervision of the whole asset. Her honesty and integrity goes far beyond the reaches of the marketing of her client’s homes, as she truly lives the Harcourts values. As a very proud Gold Coast resident, Brenda has a passion to help people to achieve their dream of living the Gold Coast lifestyle. Brenda believes that a strong community is vital. As an active member of her local neighbourhood, Brenda is a qualified Justice of the Peace, supporter of Rosie’s Friends on the Street, the Harcourts Foundation and the Breast Cancer Foundation. Having also worked in Property Management gives Brenda a unique angle with regards to investment properties and working with tenants. Brenda is happy to discuss any aspects of your home, to help you to achieve the best possible outcome on your next real estate venture.


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