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Damien Misso Report 17TH EDITION — WINTER OUTLOOK 2017
Woody Point · Clontarf · Margate · Redcliffe · Scarborough · Newport · Kippa-Ring · Rothwell
Welcome to the latest edition of my Market Report It’s a wrap. With the 2016/17 financial year and 2nd quarter of 2017 now behind us, this beautiful part of the world has again confirmed itself as one of Australia’s most consistent and stable markets for capital growth. Where the question of affordability is starting to reduce some of the enthusiasm we are seeing in Sydney and Melbourne, balanced investors are looking to South East Queensland, the peninsula, as a great buying opportunity. As the PIPA (Property Investment Professionals of Australia) Chairman said, “I think on the whole it’s going to be an affordability story, there’s an almost seventy per cent difference in median value and only a seventeen per cent income difference between Brisbane and Sydney.” When we also consider general sentiment and confidence surrounding greater economic conditions, continued investment in local infrastructure and urban renewal there is an expectation that our local housing market will rally solidly from now through to the close of 2018. Given the state of change, navigating to a successful move means having a clearly formulated plan and an agent who appreciates and truly understands your market. Give us a call and we will show you how we can achieve the best possible results for you.
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 $780,000
LOWEST HOUSE SALE PRICE $310,000
HOUSE AUCTION CLEARANCE RATE 42%
AVERAGE DAYS ON MARKET 35 - HOUSE
HIGHEST UNIT SALE PRICE $760,000
LOWEST UNIT SALE PRICE $317,500
UNIT AUCTION CLEARANCE RATE 0%
AVERAGE DAYS ON MARKET 58 - UNIT
69/80 Hornibrook Esp $760,000
5 Valerie Street $780,000
9 Mayleen Street $615,000 8 Duchess Street $505,500
21 Maine Road $595,000
15 Rogers Road $452,000 7/1 Gerald Avenue $317,500
15 Wendy Crescent $380,000
71 Elizabeth Avenue $310,000
A snapshot of property sales for 4020 during the period HIGHEST HOUSE SALE PRICE $690,000
LOWEST HOUSE SALE PRICE $300,000
HOUSE AUCTION CLEARANCE RATE 22.85%
AVERAGE DAYS ON MARKET 83 - HOUSE
HIGHEST UNIT SALE PRICE $915,000
LOWEST UNIT SALE PRICE $216,000
UNIT AUCTION CLEARANCE RATE 20%
AVERAGE DAYS ON MARKET 91 - UNIT
55 Scarborough Road $690,000
38/24 Prince Edward Parade $915,000
304/99 Marine Parade $845,000 1 David Close $565,000
904/101 Marine Parade $585,000
7 Watt Street $460,000 482 Oxley Avenue $300,000
530 Oxley Avenue $353,000
21/7 Sydney Street $216,000
A snapshot of property sales for 4021 during the period HIGHEST HOUSE SALE PRICE $601,000
LOWEST HOUSE SALE PRICE $316,000
HOUSE AUCTION CLEARANCE RATE 37.5%
AVERAGE DAYS ON MARKET 31 - HOUSE
HIGHEST UNIT SALE PRICE $349,000
LOWEST UNIT SALE PRICE $240,000
UNIT AUCTION CLEARANCE RATE 0%
AVERAGE DAYS ON MARKET 57 - UNIT
76 Kippa Street $505,000
3 Macfarlane Street $601,000
2/12 Chelsea Street $349,000 100 George Street $420,000
40 Masterton Street $448,500
3 Mandin Street $394,000 227 Klingner Road $316,000
260 Klingner Road $355,000
6/295 Anzac Avenue $240,000
A snapshot of property sales for 4022 during the period HIGHEST HOUSE SALE PRICE $660,000
LOWEST HOUSE SALE PRICE $270,000
HOUSE AUCTION CLEARANCE RATE 0%
AVERAGE DAYS ON MARKET 33 - HOUSE
HIGHEST UNIT SALE PRICE $386,500
LOWEST UNIT SALE PRICE $190,000
UNIT AUCTION CLEARANCE RATE N/A
AVERAGE DAYS ON MARKET 68 - UNIT
20 Blanche Court $615,000
38 Greene Street $660,000
59/2 Wattle Road $386,500 5 Bristol Court $427,000
1 Liam Court $528,500
2 Wattle Road $386,500 9 Shangri-La Court $270,000
65 Higgs Street $351,000
1/94 Morris Road $190,000
FREE PROFESSIONAL PHOTOGRAPHY
E M L CAL Y TODA
When you appoint us as your new property manager. Contact Emma Russ on (07) 3883 8107 or email emma@weloveredcliffe.com.au Conditions apply. Valid until 30th September 2017. This voucher must be presented to claim the discount and is not redeemable for cash. not to be used in conjunction with any other voucher or discount.
To date, Professionals have raised over $3 million and that figure is growing every day Sell your home, purchase Pink Ribbon merchandise or make a donation at your local Professionals office today and help unlock the key to curing Breast Cancer.
Woody Point
Professionals m at Woody Point Damien and his tea Very refreshing th their services. were flawless wi e past in this experienced in th from what I have mend t hesitate to recom industry. Would no . ne yo an m to Damien and the tea int Sellers Woody Po Trent & Meegan,
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 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 include both confirmed settled and some yet to be confirmed settled transactions reported from January to June 2017. 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.