Cathy Richards Market Report 1st Quarter 2016

Page 1

Bulimba Balmoral Hawthorne

Cathy Richards April 2016 property report


Hello.

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.

Cathy Richards 0417 706 498 cathyrichards@eplace.com.au


This year, the Sts Peter and Paul’s Bulimba community is celebrating 100 years and one of the big celebration events is the Centenary Fete. Mark your diary for Saturday 21st May and plan to make a

– Rides, showbags, side show alley and everything

whole day of it. The fete starts at 11am and runs through

you’d expect at a fete.

until 8pm. Here’s a snapshot of what you can expect:

The Sts Peter and Paul’s Centenary Fete is the school’s

– A prize wheel, auctions, and a major raffle where

major fundraising event for the year, but most importantly,

someone will drive away in a new car!

it’s a fun day for the whole community!

– Great food and drinks.

The school is located on Riding Road in Balmoral, and

– A Kiddies Corner area where the littlies can do some

entrance to the fete will be from Alexandra Street or

craft, get their face painted, and more.

Main Avenue.

– A great line up of entertainment throughout the day,

We hope to see you there!

including performances by the school children and live music. – Stalls and more stalls where you can win a prize or buy yourself some delicious treats. – A quiet Devonshire Tea area where you can have a cuppa and listen to some classical music.

Date: Saturday 21 May Time: 11am – 8pm Location: Sts Peter and Paul’s Bulimba School Grounds, Riding Road.


Bulimba HIGHEST SALE PRICE

$1.80m

$249,000

Number of properties for sale

average time on the market

LOWEST SALE PRICE

85 days

106 properties

Recent sales Address

Bed

Bath

Car

LAND SIZE

SOLD DATE

Sale Price

1

31 Kenbury Street

5

3

3

455sqm

Feb-16

$1,800,000

2

41 Pine Street

5

2

2

506sqm

Feb-16

$1,650,000

3

129 Coutts Street

5

4

2

500sqm

Jan-16

$1,470,000

4

45-47 Carr Street

3

1

1

921sqm

Jan-16

$1,225,000

5

2 Shore Crescent

4

3

2

325sqm

Feb-16

$1,225,000

6

57 Quay Street

3

2

2

592sqm

Jan-16

$960,000

7

22/15 Barramul Street

3

2

2

156sqm

Feb-16

$910,000

8

36 Princess Street

3

1

1

506sqm

Mar-16

$894,000

9

27/15 Barramul Street

123sqm

Jan-16

$800,000

10

42/1 Oxford Street

3

2

2

135sqm

Feb-16

$750,000

11

5/62 Love Street

Feb-16

$730,000

12

5/19 Lytton Road

3

2

2

100sqm

Jan-16

$685,000

13

4/210 Oxford Street

135sqm

Feb-16

$588,000

14

2/25 Riddell Street

2

2

1

121sqm

Feb-16

$550,000

15

5/35 Pine Street

2

2

1

115sqm

Jan-16

$525,000

16

43/70 Love Street

2

2

1

2539sqm

Mar-16

$475,000

17

3/19 Riddell Street

2

1

2

Jan-16

$447,000

18

10/70 Love Street

2

2

1

2539sqm

Mar-16

$249,000

*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 settled transactions reported during January, February & March 2016 and some properties have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Cathy Richards and Place by datachurp.


Balmoral HIGHEST SALE PRICE

$960,000

$380,000

Number of properties for sale

average time on the market

LOWEST SALE PRICE

63 days

38 properties

Recent sales Address

Bed

Bath

Car

LAND SIZE

SOLD DATE

Sale Price

1

30 Pollock Street

5

3

3

303sqm

Mar-16

$960,000

2

19 Thorpe Street

5

3

3

403sqm

Feb-16

$930,000

3

21 Bilyana Street

3

1

2

440sqm

Jan-16

$680,000

4

229 Lytton Road

3

1

1

529sqm

Feb-16

$620,000

5

4/93 Bilyana Street

2

2

2

146sqm

Feb-16

$585,000

6

1/200 Riding Road

2

2

2

104sqm

Jan-16

$495,000

7

5/335 Riding Road

1

1

1

Jan-16

$418,000

8

6/27 Thorpe Street

2

1

1

Jan-16

$380,000

Balmoral $1,250,000


Hawthorne HIGHEST SALE PRICE

$1.660m

$436,000

Number of properties for sale

average time on the market

LOWEST SALE PRICE

58 days

118 properties

Recent sales Address

Bed

Bath

Car

LAND SIZE

SOLD DATE

Sale Price

1

104 Philip Street

5

3

1

810sqm

Feb-16

$1,660,000

2

17 Elliott Street

4

2

2

405sqm

Feb-16

$1,525,000

3

7 Harris Street

4

2

2

382sqm

Jan-16

$1,350,000

4

20 Cawmore Road

4

3

2

599sqm

Jan-16

$1,030,000

5

4/19 Mcdonald Street

227sqm

Feb-16

$900,000

6

59 Beatrice Street

3

2

1

405sqm

Jan-16

$790,000

7

70B Riding Road

3

2

2

202sqm

Jan-16

$770,000

8

363 Hawthorne Road

3

2

2

239sqm

Jan-16

$715,000

9

4/49 Hawthorne Road

3

2

1

165sqm

Feb-16

$710,000

10

7/44 Park Street

3

2

1

129sqm

Jan-16

$585,000

11

10/18 Barton Road

2

2

2

Jan-16

$546,660

12

4/332 Hawthorne Road

2

2

1

Jan-16

$436,500

13

6/43 Forbes Street

2

1

1

Feb-16

$436,000

HAWTHORNE $1,180,000


Cathy Richards

1

Hawthorne’s Most Recommended Agent

Rate my Agent Winner 2015 Awards

Wynnum Road We have known Cathy for 10 years. She has sold property for us and we have purchased through her as well. Cathy is a local with thorough local knowledge, professional, relaxed and goes out of her way to make things happen. She has very good support at Place so that all dealings run smoothly with quick responses. Graham C, Norman Park


Sell your Place with

Cathy Richards

0417 706 498


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