Your place in the market. 2016 Q2 Market Report | Chris Rice
Hello. Welcome to my latest report on residential property in Bulimba, Hawthorne, Balmoral and Norman Park. Navigating the ever-changing, and sometimes challenging, residential market place has never been easy. Working out when is the best time to sell, as well as how to make sure that you are achieving the best result given your circumstances, can vary wildly depending on the advice you receive. To see how subtle tweaks in strategy, fine-tuned marketing and a thorough understanding of the nuance of any situation can get you the result you are wanting, then give me a call today.
The current market. 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. With billions of dollars being pledged or invested into upgrading infrastructure throughout Brisbane, we continue to be an attractive place to call home, and local upgrades and changes will certainly influence the decisions of many buyers. If you are interested in discussing how, and indeed even if any of these changes will impact you and your home, then please feel free to give me a call at anytime.
Chris is the best! Chris has done a great job in achieving good results for our property. He is very calm and composed and always readily available. Chris works really hard and pushes the boundaries to get the best possible outcome. Chris has achieved the best results in very little time despite the current market situation. Will be happy to work with him again in the future. Swathi, Hawthorne
Calm and focused all the way Chris was very impressive as our agent and not only managed a great result but also kept us on track by communicating at each step along the way. He was calm and focused on our goal and we appreciate the way we could draw on his experience and knowledge to have confidence we would get there. I would absolutely recommend Chris as an honest and committed agent who I felt carried himself with integrity and didn’t oversell or exaggerate, and simply executed our sale without stress. Thanks Chris! Carly & Matt, Norman Park
35 Elliott Street, Hawthorne I would certainly recommend Chris Rice to anyone looking to buy or sell. With his extensive real estate knowledge he was able to find the perfect family to purchase my home. From the beginning to the end Chris was there, motivated and determined, he went above and beyond to achieve results. Sam, Hawthorne
HIGHEST SALE PRICE
$2.750m
$376,000
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
75 days
107 properties
Bulimba top ten sales Street Address
Bed
Bath
Car
Sale Date
Sale Price
1
31 Waterline Crescent
4
2
2
Jun-16
$2,750,000
2
39 Addison Avenue
5
3
2
May-16
$2,400,000
3
12 Portside Place
3
3
2
May-16
$2,000,000
4
12 Love Street
–
–
–
Jun-16
$1,850,750
5
15 Shakespeare Street
5
3
2
Apr-16
$1,650,000
6
101 Henderson Street
4
3
2
Apr-16
$1,600,000
7
156 Brisbane Street
3
1
1
May-16
$1,480,000
8
39 Wordsworth Street
3
1
1
Apr-16
$1,440,000
9
19 Pine Street
4
2
2
Jun-16
$1,375,000
10
44 Smallman Street
4
3
3
Apr-16
$1,325,000
HIGHEST SALE PRICE
$8.500m
$380,000
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
58 days
118 properties
Hawthorne top ten sales Street Address
Bed
Bath
Car
Sale Date
Sale Price
1
90 Virginia Avenue
–
–
–
Apr-16
$8,500,000
2
20 Scott Street
4
4
2
Apr-16
$5,180,000
3
10 Aaron Avenue
4
3
2
Jun-16
$4,700,000
4
104 Gordon Street
5
5
2
Jun-16
$3,150,000
5
1-8/42 Riding Road
16
8
8
Apr-16
$2,800,000
6
7 Blackheath Avenue
4
3
2
Apr-16
$2,000,000
7
99 Elliott Street
3
3
2
Apr-16
$1,975,000
8
102 Elliott Street
4
2
2
May-16
$1,675,000
9
9/24 Philip Street
4
3
3
Apr-16
$1,508,000
10
63 Virginia Avenue
3
2
2
Apr-16
$1,415,000
HIGHEST SALE PRICE
$1.450m
$351,000
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
71 days
55 properties
Balmoral top ten sales Street Address
Bed
Bath
Car
Sale Date
Sale Price
1
17 Wright Street
4
3
2
34 Wright Street
3
1
2
Jun-16
$1,450,000
–
Apr-16
$1,240,000
3
2/61 Collings Street
3
4
64 Fifth Avenue
4
2
2
May-16
$1,100,000
2
2
Apr-16
$1,060,000
5
54 Derby Street
4
3
2
Jun-16
$1,010,000
6 7
246 Riding Road
3
1
–
Apr-16
$1,000,000
21 Malory Street
3
1
1
Apr-16
$970,000
8
4/333 Riding Road
3
2
1
Apr-16
$890,000
9
47 Grosvenor Street
3
1
2
Jun-16
$850,000
10
61 Suvla Street
3
2
2
May-16
$790,000
HIGHEST SALE PRICE
$5.018m
$407,000
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
61 days
83 properties
Norman Park top ten sales Street Address
Bed
Bath
Car
Sale Date
Sale Price
1
8 Wendell Street
4
3
2
May-16
$5,018,000
2
109/90 Wynnum Road
4
3
2
May-16
$3,450,000
3
72 Morehead Avenue
5
3
2
Jun-16
$1,285,000
4
133 Macrossan Avenue
6
3
3
Apr-16
$1,030,000
5
72 Macrossan Avenue
5
3
2
Jun-16
$1,000,000
6
35 Agnew Street
4
2
2
Apr-16
$980,000
7
1299 Stanley Street
4
2
3
Apr-16
$950,000
8
101 Norman Avenue
4
2
2
May-16
$915,000
9
202 Bennetts Road
4
2
2
May-16
$880,000
10
55 Norman Crescent
4
2
1
May-16
$855,000
RECENTLY SOLD HAWTHORNE HAWTHORNE
BULIMBA NORMAN PARK
HAWTHORNE
Chris Rice 0414 694 111 chrisrice@eplace.com.au