Bulimba Balmoral Hawthorne
Damien Misso Report 15TH EDITION — SPRING 2016
Woody Point · Clontarf · Margate · Redcliffe · Scarborough · Newport · Kippa-Ring · Rothwell
Welcome to the latest edition of my Market Report It is hard to believe it but we are two thirds of the way through the year and spring is quite literally in the air. It is a very nesting time of year which is probably why Spring is typically our busiest selling season in real estate and while demand remains strong there are more homes on the market. This makes how you come to market, right down to the smallest of details, important as you need to make your home stand out from the others. From a thorough renovation, through to sprucing up the gardens, decluttering and perhaps even a fresh coat of paint, it can all make a difference and impact your selling price. But regardless of what you are thinking of improving it is more important to know your market, to have a clear understanding of what buyers are looking for. It pays to seek out a professional opinion as avoiding some of the most common, and costly, mistakes when getting your home ready for sale will ensure that your timing is just right and that the improvements you elect to make actually add value and result in a profit. As you know, the peninsula is a great place to live and while most sales are made to local purchasers the renewed enthusiasm from investors considering options outside of Sydney or Melbourne is starting to have an impact on demand and therefore prices. If you would like to chat about your situation or would just like to get an indication as to what your property is worth in the current market even just for your own knowledge, feel free to call me anytime, you might be quite surprised. Damien Misso Residential Property Consultant 0403 044 424 ¡ Damien@weloveredcliffe.com.au Market Report data for the last six months.
A snapshot of property sales for 4019 during the period HIGHEST HOUSE SALE PRICE $1,100,000
LOWEST HOUSE SALE PRICE $297,000
HOUSE AUCTION CLEARANCE RATE 28%
AVERAGE DAYS ON MARKET 73 - HOUSE
HIGHEST UNIT SALE PRICE $1,075,000
LOWEST UNIT SALE PRICE $178,000
UNIT AUCTION CLEARANCE RATE 29%
AVERAGE DAYS ON MARKET 122 - UNIT
10 Enoch Street $ 765,000
49 Whytecliffe Parade $1,100,000
40 Keenan Street $ 540,000 37 McLennan Street $297,000
38 Gerald Avenue $365,000
39/36 Woodcliffe Crescent $1,075,000 1/1 Julia Street $405,000
38/3 Angus Street $645,000
2/53 Ellen Street $178,000
A snapshot of property sales for 4020 during the period HIGHEST HOUSE SALE PRICE $3,300,000
LOWEST HOUSE SALE PRICE $265,000
HOUSE AUCTION CLEARANCE RATE 24%
AVERAGE DAYS ON MARKET 114 - HOUSE
HIGHEST UNIT SALE PRICE $1,070,000
LOWEST UNIT SALE PRICE $190,000
UNIT AUCTION CLEARANCE RATE 11%
AVERAGE DAYS ON MARKET 100 - UNIT
111 Flinders Parade $1,600,000
42 Prince Edward Parade $3,300,000
28 Intrepid Court $1,030,000 20 Ettie Street $265,000
27 Aurora Place $830,000
9/36 Prince Edward Parade $1,070,000 6/126-130 Turner Street $299,000
3/148 Mein Street $510,000
5/414 Oxley Avenue $190,000
A snapshot of property sales for 4021 during the period HIGHEST HOUSE SALE PRICE $565,000
LOWEST HOUSE SALE PRICE $300,000
HOUSE AUCTION CLEARANCE RATE 43%
AVERAGE DAYS ON MARKET 59 - HOUSE
HIGHEST UNIT SALE PRICE $360,000
LOWEST UNIT SALE PRICE $200,000
UNIT AUCTION CLEARANCE RATE N/A
AVERAGE DAYS ON MARKET 89 - UNIT
9 Cabernet Street $485,000
66 Centaur Street $565,000
21 Mcpherson Street $375,000 56 Snook Street $300,000
12 Somerset Street $319,000
1/5 Macfarlane Street $360,000 57/56 Miller Street $285,000
68/439 Elizabeth Avenue $310,000
1/14-16 Regency Street $200,000
A snapshot of property sales for 4022 during the period HIGHEST HOUSE SALE PRICE $650,000
LOWEST HOUSE SALE PRICE $261,000
HOUSE AUCTION CLEARANCE RATE 100%
AVERAGE DAYS ON MARKET 55 - HOUSE
HIGHEST UNIT SALE PRICE $399,000
LOWEST UNIT SALE PRICE $275,000
UNIT AUCTION CLEARANCE RATE N/A
AVERAGE DAYS ON MARKET 103 - UNIT
24 Tranquility Drive $522,500
8 Coman Street $650,000
74 Cambridge Street $447,000 31 Mcgahey Street $261,000
17 Springdale Street $357,000
21/2 Wattle Road $399,000 2/29 Lady Bowen Parade $287,000
101/2 Wattle Road $339,000
2/94 Morris Road $275,000
NEVER EVER PAY FOR PROPERTY MANAGEMENT AGAIN! To find out how, contact Emma Russ on (07) 3883 8107 or email emma@weloveredcliffe.com.au
Professionals take our social responsibilities within the community very seriously. As Diamond Partners of the National Breast Cancer Foundation – Professionals Real Estate have worked closely with NBCF for over a decade helping to raise much needed funds for breast cancer research.
To date, Professionals have raised over $2.9 million and that figure is growing every day. Right across Australia fundraising continues throughout the year with community charity events and fundraising auctions at both a national and local office level. Professionals
offices donate a portion of their commission from each property sale. By listing and selling your home with Professionals you will be helping NBCF achieve their aspirational goal of zero deaths by 2030. You can also purchase your pink ribbon items or make a donation at any Professionals office.
Bulimba Balmoral Hawthorne
Woody Point
our house. Damien recently helped us sell for 8 days, The house was on the market tion with he maintained great communica period and us throughout the pre listing worked to get us the best price. David, Seller Woody Point
Your local expert, Damien Misso and the team will have you sold faster so you can celebrate sooner. Call Damien today. 0403 044 424 www.professionalswoodypoint.com.au 1/52 Oxley Avenue, Woody Point QLD 4019. T 3283 2277 F 3283 2417 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 and June 2016 and some properties have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Damien Misso and Professionals Woody Point by datachurp.