One Face to Market Your Place
Denis Najzar 2017 Q1 Market Report 0438 457 599 dn@eplace.com.au
Hello & Welcome Welcome to our first property report for 2017, covering Camp Hill, Norman Park, Coorparoo and Greenslopes. This beautiful pocket has been a one stop shop for brand new builds and character homes over the last quarter, giving buyers the flexibility to purchase homes from an extensive calibre depending on the personal style preferences of the astute home seeker. From A-Grade vacant land opportunities or stunning family homes, we currently have a wide range of properties available that are sure to excite and inspire buyers. Alternatively, if you’re looking to sell your property or perhaps receive an indication of your property’s market value, we have buyers eagerly looking to purchase their next family home, investment or downsizing opportunity. We hope you take this information into consideration when making your next property transaction, whether it’s your family home or your next investment, we would love the opportunity to represent you.
The Current Market Affordability continues to drive Brisbane’s property market, trickling through the inner-city suburbs with growth prediction in the innereast corridor. The property market in the inner-city fringe has been remarkably active, with buyers looking to purchase a vast variety of properties. 2017 has revealed results that highlight the fact that properties located close to the city centre of Brisbane, especially those in the mid-to-top end price range, remain in demand and are consistently recording positive sale price growth with quick returns. Currently our main suburbs of focus including Camp Hill, Norman Park, Coorparoo and Greenslopes continue to see stronger buyer
interest. Market conditions have provided an average capital gain of 34 per cent combined over the last five years due to interest rates and tighter market supply. Lifting off with eager buyers looking for investment properties, family homes and downsizing opportunities, 2017 thus far has shown a strong market flow which we are confident will continue throughout the rest of this year. Brisbane buyers look to the inner-city as one of the most forgiving capital city markets throughout Australia. Nonetheless, the current economic status continues to infer a healthy Brisbane market.
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 January, February and March 2017, some properties have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Denis Najzar and Place Bulimba by datachurp.
CAMP HILL 37 Lloyd Street FOR SALE 5 BED 3 BATH 2 CAR POOL LAND AREA: 405sqm RATES: $520.21/qtr excl water/sewerage REAL PROPERTY: L11 RP13116
GREENSLOPES 5 Henzell Terrace FOR SALE 5 BED 3 BATH 4 CAR LAND AREA: 359sqm RATES: $430.35/qtr excl water/sewerage REAL PROPERTY: L1 SP161284
CAMP HILL 73 Carranya Street FOR SALE 5 BED 3 BATH 2 CAR POOL LAND AREA: 498sqm RATES: $647.52/qtr excl water/sewerage REAL PROPERTY: L198 RP40830
CAMP HILL 53 Lewis Street AUCTION On-site at 10am on Saturday 20th May 2017 3 BED 2 BATH 1 CAR POOL LAND AREA: 627sqm RATES: $604.66/qtr excl water/sewerage REAL PROPERTY: L1 RP50645
RECENTLY SOLD BY DENIS NAJZAR A little bit more is a whole lot better. When it comes time to sell your home, you will want to make sure that you are getting the best possible outcome for your home. In a changing market place, it can be challenging, to know that your decision of what price to accept can be a stressful process when you haven’t explored all your options. A well thought out plan, strategy and process will give you the data, the information and the confidence to decide and that’s where I step in. My focus is to provide you with a level of certainty that can only come from knowing that you have captured all interest from any interested parties.
NORMAN PARK
CAMP HILL
NORMAN PARK
57 Power Street
11 Sydney Avenue
37 Macrossan Avenue
RECENTLY SOLD “When searching for our new house, we met with a number of real estate agents. Without a doubt, Denis and Place Real Estate are the most professional and have the best knowledge of the local area. We appreciated the ease of communication and the respectful manner in which Denis conducted himself. It was obvious that he knows the market incredibly well and was able to offer us with practical advice. Nothing has been too much of an ask during the negotiation, settlement and following the sale. We are much appreciative of all Denis’ efforts and support. Thanks.”
Buyers of Akala 23 AKALA STREET, CAMP HILL $1,660,000
HIGHEST SALE PRICE
$1.985m
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
$310,000
43 days
65 properties
HIGHEST SALE PRICE
$1.950m
Camp Hill top ten sales Street Address
Bed
Bath
Car
Sale Date
Sale Price
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
$300,000
41 days
44 properties
Norman Park top ten sales Street Address
Bed
Bath
Car
Sale Date
Sale Price
1
26 Henderson Street
3
2
2
Jan-17
$1,985,000
1
32 Wynnum Road
4
2
3
Jan-17
$1,950,000
2
76 Watson Street
6
2
4
Feb-17
$1,815,000
2
31 Waldo Street
4
2
2
Jan-17
$1,820,000
3
35 Lloyd Street
5
4
2
Jan-17
$1,700,000
3
57 Norman Crescent
4
2
2
Feb-17
$1,525,000
4
11 Sydney Avenue
5
5
2
Feb-17
$1,645,000
4
62 Morehead Avenue
5
3
2
Jan-17
$1,150,000
5
16 City View Road
5
2
2
Jan-17
$1,525,000
5
17 Brentnall Street
4
3
2
Jan-17
$995,000
6
63 Lloyd Street
5
4
4
Jan-17
$1,525,000
6
4 Frank Street
5
2
2
Jan-17
$880,000
7
49 Orwell Street
5
2
2
Feb-17
$1,450,000
7
34 Thynne Avenue
5
2
2
Mar-17
$800,000
8
59 Raven Street
5
4
2
Feb-17
$1,420,000
8
54 Overend Street
3
1
2
Feb-17
$745,000
9
660/35 Raven Street
5
3
2
Mar-17
$1,390,000
9
37 Macrossan Avenue
3
2
3
Mar-17
$740,000
10
11 Durimbil Street
5
3
2
Jan-17
$1,255,000
10
20 Dickens Street
3
1
1
Feb-17
$722,000
HIGHEST SALE PRICE
$1.677m
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
$275,000
33 days
108 properties
HIGHEST SALE PRICE
$1.130m
Coorparoo top ten sales
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
$252,000
42 days
70 properties
Greenslopes top ten sales
Street Address
Bed
Bath
Car
Sale Date
Sale Price
Street Address
Bed
Bath
Car
Sale Date
Sale Price
1
69 Lade Street
5
3
3
Feb-17
$1,677,500
1
60 Henzell Terrace
4
3
3
Feb-17
$1,130,000
2
544 Cavendish Road
5
3
2
Jan-17
$1,370,000
3
3/32 Kirkland Avenue
4
4
3
Feb-17
$1,305,000
2
43 Gordon Street
4
3
2
Jan-17
$920,000
3
20 Palmer Street
4
2
1
Feb-17
$841,000
4
31 Arc Street
4
3
2
Mar-17
5
32 Gristock Street
4
2
2
Mar-17
$1,200,000
4
36 Thomas Street
3
1
2
Jan-17
$823,000
$1,140,000
5
13 Thomas Street
3
1
2
Feb-17
$735,000
6
25 Beet Street
5
3
2
Jan-17
$970,000
6
23 Palmer Street
2
2
1
Jan-17
$720,000
7
6 Talbot Street
2
1
8
71 Marriott Street
3
2
1
Mar-17
$917,000
7
64 Hunter Street
3
2
2
Jan-17
$720,000
2
Mar-17
$861,250
8
51 Douglas Street
3
2
4
Feb-17
$715,000
9
65 York Street
3
10
18 Pelham Street
3
1
1
Feb-17
$854,000
9
66 Hunter Street
3
2
2
Jan-17
$710,000
1
1
Jan-17
$850,000
10
96 Dunellan Street
3
2
2
Feb-17
$670,000