McGrath community giveback Quarterly Property Market Report July to September 2017
Windsor with Craig Lea
Welcome to my latest report on Windsor Welcome to my Third Quarter property report for Windsor. There’s a lot to love about living in the inner north, and your local real estate office, McGrath Wilston, recognise the importance of giving back to this wonderful community. That’s why McGrath Wilston and I will be giving $500 back to a community not for profit organization, like your local sporting club, school, or charity, if you sell your home with me, Craig Lea at McGrath Wilston. If you would like to take advantage of this opportunity to support the local community, give me a call today.
Craig Lea. Committed to the Windsor Community. 0408 888 569
What’s happening in our local property market The Brisbane property market on a whole continues on its solid trajectory of median house price growth. There are several reasons why Brisbane has maintained such a stable level of growth for the last decade and given the current sentiment out there with sellers, buyers, banks and politics, it is unlikely that we see a huge swing of change anytime soon. So combine this with continuing economic improvements in Brisbane over the last 12 months, and there is an expectation that our housing market will continue solidly over the next quarter. Demand is still ahead of supply in the suburb of Windsor, and I believe that there is no evidence of this trend abating. Rising buyer demand has delivered strong results for Windsor, with the suburb generating a 10.67 per cent increase in median house price growth for the last 12 months. That’s ahead of the average median growth for greater Brisbane which is positioned at 3 per cent. This positive sentiment aside, it is still immensely important to select an agent who can implement a clearly formulated and purposeful strategy to suite your individual circumstances. We would love the opportunity to demonstrate how we will achieve the very best possible outcome for you. Give me a call today.
Windsor statistics (Australian Bureau of Statistics)
Education
24.9%
24.9% of Windsor residents have a University or tertiary institution education.
Employment
11.2% worked 1 to 15 hours, 9.5% worked 16 to 24 hours and 49.7% worked 40 hours or more.
62.2% 29.7%
Full Time
62.2% of Windsor residents were employed full time.
Part Time
29.7% of Windsor residents were employed part time.
Occupation
40.7%
The most common occupations in Windsor included Professionals 40.7%, Managers 14.8%, Clerical and Administrative Workers 13.4%, Technicians and Trades Workers 8.2%, and Community and Personal Service Workers 7.6%.
Industry of employment
8.3% worked in Hospitals. Other major industries of employment included Architectural, Engineering and Technical Services 5.5%, Cafes, Restaurants and Takeaway Food Services 5.0%, School Education 4.8% and State Government Administration 4.6%.
My team and I officially sponsored the ‘Windsor State School’ Trivia Night last quarter. With a “Back to the 80’s” theme, it’s was certainly a great night with lots of laughs, some crazy dancing and a real test of all our general knowledge. We all very much enjoyed putting on our 80’s wigs and getting involved with the community in support of what is an amazing school.
Windsor top 12 sales (July to September, 2017)
Street Address
Bed
Bath
Car
Land Size
Sale Date
Sale Price
1
56 Brook Street
6
4
2
708m2
Jul-17
$1,850,000
2
39 Gilbert Road
5
3
2
2
720m
Aug-17
$1,580,000
3
97 Fifth Avenue
4
2
2
405m2
Aug-17
$1,320,000
4
107 Constitution Road
4
2
2
615m2
Jul-17
$1,300,000
5
9 Drury Street
6
3
2
546m2
Sep-17
$1,280,000
6
18 Arwin Terrace
3
2
2
711m2
Aug-17
$1,150,000
7
18 Crowther Street
4
2
2
855m2
Jul-17
$995,000
8
155 Constitution Road
4
2
2
607m2
Aug-17
$972,000
9
37 Drury Street
2
1
2
860m
Aug-17
$962,000
10
36 Annie Street
3
2
2
354m2
Jul-17
$871,000
11
64 Swan Terrace
3
1
2
2
607m
Aug-17
$860,000
12
4 Rupert Street
–
–
–
401m2
Aug-17
$850,000
2
9 Drury Street, Windsor Sold $1,280,000
80 Bowen Street, Windsor Sold $857,500
30 Victoria Street, Windsor Over $599,000
1 & 2/103 Eildon Road, Windsor For Sale Over $745,000
105 Eildon Road, Windsor Over $650,000
31 Grafton Street, Windsor Sold $723,000
With the upswing in the property market, would you like to know what your property is worth? We are currently conducting over 10 property appraisals per week in your area. Please contact me any time for a summary of these prices and how they compare to your property.
Craig Lea
Number 1 Agent in Windsor
craiglea@mcgrath.com.au 0408 888 569 About this market report. In compiling this report the author has relied upon information supplied by several external sources including PriceFinder and the Australian Bureau of Statistics. 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 top 15 transactions reported during the months of July, August and September 2017. Some properties may have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Craig Lea and McGrath Wilston by datachurp.