Q1 Report 2018

Page 1

Bulimba Balmoral Hawthorne Property Market Update Q1, 2018

CATHY RICHARDS 0417 706 498


Hello. Confidence. It’s the one thing you need when you step into the property market. In an ever-shifting landscape, having the confidence to buy, sell, or invest can feel like a bit of a luxury - one that is difficult to indulge in when so much noise is being made about interest rates, unit oversupply and a slowing market. Here in Brisbane’s eastern suburbs, however, we’re more than a little spoilt: our little corner of the world is in high demand, meaning that you can rest assured from day one that you’re making a good decision. And we’ve got the numbers to prove it. In the last 12 months, Bulimba saw growth of 11.4%; while Balmoral has shown a 6.8% increase in 2018 alone! The last quarter has seen prices remain strong and stable in Bulimba and Balmoral, with a slight increase in Hawthorne’s median – bringing all three suburbs to a median value of over a million dollars. That’s a lot higher than the median for greater Brisbane, but it’s not surprising when you consider the lifestyle on offer here: these exclusive riverside suburbs are packed with charm, convenience, and beautiful homes. People are drawn from all over Brisbane to enjoy what we have to offer; and our residents are all too aware that once you’re here, you’ll never want to leave. That’s why we are confident in our market, and you can be too. If you’d like to discover more about buying and selling in Brisbane’s eastern suburbs, give me a call - I’d love to help you experience the luxury of confidence for yourself.

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


Bulimba HIGHEST SALE PRICE

$3.600m

NUMBER OF PROPERTIES FOR SALE

AVERAGE TIME ON THE MARKET

LOWEST SALE PRICE

$335,000

737 days

Balmoral

20 properties

HIGHEST SALE PRICE

$2.600m

Top 25 sales

NUMBER OF PROPERTIES FOR SALE

AVERAGE TIME ON THE MARKET

LOWEST SALE PRICE

$357,000

237 days

15 properties

Recent sales

Street Address

SUBURB

BED

BATH

CAR

LAND SIZE

SALE DATE

SALE PRICE

Street Address

SUBURB

BED

BATH

CAR

LAND SIZE

SALE DATE

SALE PRICE

60 Quay Street

Bulimba

4

2

4

601

Jan-18

$3 600 000

32 Bilyana Street

Balmoral

3

1

13 Bexley Avenue

Balmoral

5

3

2

875

Feb-18

$1 425 000

506

Mar-18

$1 190 000

4 Yonga Street

Balmoral

5

2

2

654

Mar-18

$987 000

44 Belgrave Street

Balmoral

3

2

1

405

Jan-18

$985 000

14 Belgrave Street

Balmoral

4

2

2

355

Jan-18

$978 000

82 Main Avenue

Balmoral

5

3

2

479

Feb-18

$935 000

56 Henderson Street

Bulimba

5

3

4

451

Feb-18

$3 000 000

27 Cowper Street

Bulimba

5

3

2

405

Mar-18

$1 460 000

62 Oxford Street

Bulimba

5

2

4

1012

Feb-18

$1 460 000

158 Brisbane Street

Bulimba

3

1

2

1098

Mar-18

$1 420 000

50 Carbeen Street

Bulimba

4

3

2

405

Mar-18

$1 275 000

9 Orchard Street

Balmoral

3

2

2

178

Jan-18

$805 000

Balmoral

3

1

1

536

Jan-18

$760 000

52 Baldwin Street

Bulimba

5

3

2

405

Jan-18

$1 050 000

34 Kuranda Street

99 Brisbane Street

Bulimba

3

1

1

3035

Feb-18

$981 000

35 Suvla Street

Balmoral

3

2

1

756

Feb-18

$740 000

17 Redcar Street

Bulimba

4

2

2

253

Jan-18

$840 000

147 Lytton Road

Balmoral

3

1

2

1000

Jan-18

$710 000

40 Michael Street

Bulimba

2

1

2

405

Jan-18

$577 500

30 Mcilwraith Avenue

Balmoral

3

1

2

594

Feb-18

$675 000

5/21 Jamieson Street

Bulimba

3

2

2

125

Feb-18

$837 500

9/35 Belgrave Street

Balmoral

3

2

2

205

Mar-18

$555 000

2/21 Jamieson Street

Bulimba

3

2

2

125

Jan-18

$749 990

1/15 Alexandra Street

Balmoral

3

1

1

104

Jan-18

$428 550

23/43 Love Street

Bulimba

2

2

2

8548

Mar-18

$660 000

2/253 Riding Road

Balmoral

3

1

1

111

Mar-18

$390 000

3/22 Love Street

Bulimba

2

2

2

131

Jan-18

$498 000

7/47 Addison Avenue

Bulimba

1

1

1

97

Jan-18

$490 000

9/12 Barramul Street

Bulimba

2

2

1

105

Jan-18

$485 000

7/25 Smallman Street

Bulimba

2

1

1

122

Mar-18

$430 000

309/43 Love Street

Bulimba

1

1

1

87

Feb-18

$400 000

2/35 Jamieson Street

Bulimba

2

2

1

99

Jan-18

$399 000

3/40 Pine Street

Bulimba

2

1

1

1012

Mar-18

$335 000


Hawthorne HIGHEST SALE PRICE

$2.600m

NUMBER OF PROPERTIES FOR SALE

AVERAGE TIME ON THE MARKET

LOWEST SALE PRICE

$357,700

237 days

SOLD – 28 Elaroo Street, Morningside

15 properties

Recent sales First Class - 05 Mar 2018 Street Address

SUBURB

BED

BATH

CAR

LAND SIZE

SALE DATE

SALE PRICE

93 Elliott Street

Hawthorne

5

3

4

407

Feb-18

$2 600 000

63 Malcolm Street

Hawthorne

5

3

4

810

Mar-18

$2 225 000

2

112 Malcolm Street

Hawthorne

6

3

30 Amy Street

Hawthorne

2

1

531

Jan-18

$1 900 000

930

Jan-18

$1 670 000

75 Coventry Street

Hawthorne

3

1

1

810

Mar-18

$1 250 000

174 Hawthorne Road

Hawthorne

4

3

2

465

Mar-18

$1 055 000

10 Philip Street

Hawthorne

3

1

1

607

Jan-18

$897 500

78 Dover Street

Hawthorne

4

2

2

407

Mar-18

$885 000

210 Hawthorne Road

Hawthorne

3

2

2

465

Jan-18

$855 000

21 Goulburn Street

Hawthorne

3

1

1

405

Jan-18

$825 000

7 Beatrice Street

Hawthorne

3

1

2

435

Feb-18

$775 000

59 Riding Road

Hawthorne

3

2

2

149

Mar-18

$638 000

4/18 Goulburn Street

Hawthorne

2

2

1

110

Jan-18

$482 500

8/359 Hawthorne Road

Hawthorne

2

1

1

118

Jan-18

$359 200

“Cathy Richards is a first class agent with the backing a strong brand and a great support crew. The communication and follow up is clear and timely and Cathy’s understanding of the market is invaluable. Each week you get both Cathy and Zita opening your home, which really helps when you have a big turnout. We were very happy with Cathy and the team at Place and we would recommend them to anyone looking to sell their home.”

SOLD – 86 Bulimba Street, Bulimba

A very impressive team! - 06 Nov 2017

“I can’t recommend Cathy highly enough. Not only is she a consummate professional, she is extremely friendly and approachable and a lovely person. Her knowledge of property in the area is outstanding and no query was too much bother for her. Everything was explained very clearly to me in ongoing negotiations and all my queries were answered very promptly. Even when Cathy was ill, her very engaging assistant Zita was on hand to deal with any queries. A very impressive team! Thank you Cathy and Zita.”


SOLD – 7 Reach Place, Bulimba

Great agent to work with to sell our house - 27 Mar 2018 “Cathy has fantastic knowledge about the Bulimba area, and kept us up to date with what was happening with the local market as well as the wider real estate sector. Cathy kept us informed of the progress of our property sale and gave us practical advice on selling techniques as well as ensuring that buyers were aware of the features of our property.”

FOR SALE

BULIMBA

1/40 Carr Street

4 BED Small lot home, 2 additional town homes available. 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 both confirmed settled and some yet to be confirmed settled transactions reported during the months of July, August and September 2017, 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 Bulimba by datachurp.


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