Cathy Richards Market Report Issue#1, 2016

Page 1

Bulimba Balmoral Hawthorne

Cathy Richards Febuary 2016 property report


Hello.

As we launch into 2016 there is a lot of talk about how the property market place is going to change, how it is going to perform during the course of the next twelve months. While many will look at the past results as an indication of the future one of the truest and best indicators of how the property market is actually shaping up will be overlooked. That indicator, that barometer for change, is buyer activity. A measure of how many buyers are enquiring on and inspecting property. How many buyers are making offers, bidding at auction and very tellingly how many buyers are going to contract. Right now, activity is stronger than expected and some agents coming back from their holidays have been caught off-guard. The fact that inspection numbers, bidder numbers and the number of offers being made are up imbues a sense of confidence in the market and in general there is a sentiment of optimism. All of which, should this positive outlook remain, suggests that 2016 could be a big year for our local property market.

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


The Pink Lunch.

The Pink Lunch 2015

Funds raised

With the goal of helping raise necessary funds to purchase

Together with the wonderful support of Cathy’s clients,

a new contrast injector for the Wesley Breast Clinic’s MRI

past clients, network of friends and associates we were

unit, the Cathy Richards’ Pink Lunch held on October 23

able to raise just under $20,000. Planning for the 2016

2015 was a wonderful success.

Pink Lunch is already underway and if you are interested

Special thanks.

in helping our wonderful cause with your sponsorship or

With special thanks to the wonderful people at Maserati Euromarque Brisbane for the amazing venue, our sponsors;

attendance please contact Cathy Richards today.

For your health

Palazzo Versace, Jetts Brisbane airport and Fortitude

The Wesley Hospital Breast Clinic is a not-for-profit clinic

Valley, Samantha Ogilvie, Peter Stone Jewellers, Gusto da

offering a comprehensive range of same-day breast care

Gianni and the team at Place guests were entertained in

services. To make an appointment please contact the

style with a Spring fashion show and live auction.

clinic on (07) 3232 7202.


Bulimba HIGHEST SALE PRICE

$5.790m

$395,000

NUMBER OF PROPERTIES FOR SALE

AVERAGE TIME ON THE MARKET

LOWEST SALE PRICE

80 days

95 properties

Recent sales ADDRESS

BED

BATH

CAR

LAND SIZE

SOLD DATE

SALE PRICE

1

5 Mcconnell Street

3

2

1

1635sqm

Nov-15

$5,790,000

2

21 Mcconnell Street

3

1

6

1078sqm

Oct-15

$3,000,000

3

14 Edgewater Place

4

3

2

364sqm

Oct-15

$1,310,000

4

3 Bevis Street

3

2

2

602sqm

Oct-15

$1,180,000

5

107 Stuart Street

4

2

2

341sqm

Nov-15

$1,150,000

6

32 Mcconnell Street

3

1

2

607sqm

Oct-15

$925,450

7

1/11 Walter Street

3

3

2

165sqm

Oct-15

$810,000

8

40 Smallman Street

2

1

1

405sqm

Oct-15

$795,000

9

1/46 Wambool Street

3

2

1

163sqm

Oct-15

$760,000

10

326/16 Waterline Crescent

3

2

2

173sqm

Oct-15

$750,000

11

115 Bolan Street

2

1

0

432sqm

Oct-15

$740,000

12

154 Bulimba Street

1

1

1

410sqm

Oct-15

$730,000

13

108/38 Love Street

2

2

1

132sqm

Oct-15

$679,000

14

39/44 Addison Avenue

2

2

1

0sqm

Oct-15

$620,000

15

203/38 Love Street

2

2

2

103sqm

Oct-15

$619,000

16

117/21 Love Street

1

1

0

81sqm

Nov-15

$538,300

17

1/27 Pine Street

2

1

2

0sqm

Nov-15

$503,000

18

44/70 Love Street

2

2

1

2539sqm

Oct-15

$500,000

19

6/26 Wordsworth Street

2

1

1

0sqm

Nov-15

$415,000

20

5/447 Hawthorne Road

2

1

1

0sqm

Oct-15

$400,000

21

1/30 Apollo Road

2

1

0

0sqm

Oct-15

$395,000

*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 October, November & December 2015 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

$1.420m

$445,000

NUMBER OF PROPERTIES FOR SALE

AVERAGE TIME ON THE MARKET

LOWEST SALE PRICE

62 days

42 properties

Recent sales ADDRESS

BED

BATH

CAR

LAND SIZE

SOLD DATE

SALE PRICE

1

14 Bilyana Street

3

1

0

880sqm

Nov-15

$1,420,000

2

37 Mcilwraith Avenue

3

3

2

751sqm

Oct-15

$1,176,000

3

94 Bilyana Street

3

2

2

640sqm

Oct-15

$1,100,000

4

10 Sphinx Street

4

2

2

407sqm

Oct-15

$1,070,000

5

7/23 Collings Street

3

2

2

0sqm

Oct-15

$830,000

6

67 Fifth Avenue

2

1

2

352sqm

Oct-15

$810,000

7

3/302 Riding Road

3

2

1

98sqm

Oct-15

$760,000

8

2/302 Riding Road

3

2

1

98sqm

Oct-15

$755,000

9

2/53 Bilyana Street

2

2

1

133sqm

Oct-15

$535,000

10

5/3 Wright Street

2

1

1

0sqm

Nov-15

$532,500

11

3/288 Riding Road

2

2

1

0sqm

Oct-15

$465,000

12

3/36 Andrew Street

3

2

1

154sqm

Nov-15

$460,000

13

3/45 Bilyana Street

2

2

1

0sqm

Oct-15

$445,000

BULIMBA $1,910,000


Hawthorne HIGHEST SALE PRICE

$3.100m

$450,000

NUMBER OF PROPERTIES FOR SALE

AVERAGE TIME ON THE MARKET

LOWEST SALE PRICE

65 days

59 properties

Recent sales ADDRESS

BED

BATH

CAR

LAND SIZE

SOLD DATE

SALE PRICE

1

12 Leura Terrace

4

4

4

379sqm

Nov-15

$3,100,000

2

188 Virginia Avenue

4

2

2

405sqm

Oct-15

$1,715,000

3

59 Malcolm Street

4

3

2

405sqm

Oct-15

$1,320,000

4

77 Malcolm Street

4

2

2

405sqm

Oct-15

$1,120,000

5

36 Katoomba Avenue

3

2

2

430sqm

Oct-15

$1,100,000

6

35 Jenolan Avenue

3

1

1

509sqm

Nov-15

$930,000

7

31 Forbes Street

3

2

1

420sqm

Oct-15

$900,000

8

20 Beatrice Street

3

2

2

191sqm

Nov-15

$800,000

9

367 Hawthorne Road

3

2

2

427sqm

Oct-15

$792,500

10

30 Riding Road

4

2

1

703sqm

Oct-15

$758,000

11

2/38 Dutton Street

3

2

2

0sqm

Oct-15

$635,000

12

1/23 Forbes Street

3

2

1

95sqm

Nov-15

$633,000

13

4/16 Malcolm Street

2

2

1

0sqm

Oct-15

$450,000

HAWTHORNE $1,950,000


Edgewater Place Cathy did an amazing job helping us purchase our new home. In difficult circumstances Cathy achieved a great outcome for both the buyer and the seller. In recognition of her efforts we listed our house with Cathy and she again exceeded expectations with a signed contract inside 4 weeks. I would recommend Cathy to anyone looking for an agent that goes out of their way to really listen to you as a customer. Craig & Justine S, Bulimba

Leura Avenue Cathy made our buying and selling a stress free enjoyable time! Cathy was attentive and delivered everything she promised from our first meeting. Cathy is a very busy agent but all through our process we felt as though we were Cathy’s most important client! Thank you Cathy! Geoff and Angie S, Hawthorne


There’s no place like home.

There’s no agent who knows the market place for your home better than Cathy Richards. Cathy Richards 0417 706 498 cathyrichards@eplace.com.au


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