Your place in the market. 2015 Q4 Marketplace Report I Lorna Bailey
Familiar face, new Place Hello and welcome to my latest market update for New Farm, Teneriffe, Kangaroo Point and Newstead property. After 12 proud and successful years servicing the real estate needs of clients in and around New Farm, I am happy to announce that I have joined the dynamic team at Place Estate Agents New Farm. While it’s the same me - the same high levels of service and results driven focus, I now have the backing of the areas most successful agency and market leaders. Whether you are selling or buying, investing or simply wanting a better understanding of what your home may be worth, call me anytime.
Lorna Bailey 0410 609 789 lornabailey@eplace.com.au
143 properties sold across four suburbs
The current market. As we launch into 2016 there is a lot of talk about how the property market is going to change and how is it going to perform during the course of the next twelve months. While many will look at past results as an indication of the future, one of the truest and best indicators of how the property market is actually shaping up will be overlooked. That indicator, is buyer activity, which is a measure of how many buyers are enquiring on and inspecting property; how many buyers are making offers, bidding at auction and very tellingly how many buyers are going to contract. Right now, activity is stronger than expected and some agents coming back from their holidays have been caught off-guard. The fact that inspection numbers, bidder numbers and the number of offers being made are up imbues a sense of confidence in the market and in general there is a sentiment of optimism. All of which, should this positive outlook remain, suggests that 2016 could be a big year for our local property market.
Villiers Street I engaged Lorna to sell my townhouse in New Farm mainly because of her experience in the New Farm area but also because of her professionalism selling the property to me 2 years earlier. Her professionalism and experience shines through with different strategies employed to get buyers in and her extensive list of potential buyers. She really has established herself as an expert in the new farm area having sold many of the townhouses in my complex over the years. In a sluggish time for the property market, Lorna’s abilities were crucial to my successful sale.
Jon Dowling
Beeston Street Lorna was fantastic she loves selling property and with her knowledge and feel for the market I felt really comforted as a new home buyer in Brisbane. Lorna explained the process and was always available to answer any queries which made me feel secure at every stage of the process. She kept me informed and supported and was not pushy and saw the sale right through to the settlement. I would have no hesitation in recommending Lorna as a professional and honest agent to any prospective buyers or sellers.
Ryan Kinnealy
HIGHEST SALE PRICE
$4.650m
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
$265,000
42 days
107 properties
New Farm top ten sales Bed
Bath
Car
Land Size
Sale Date
1
Street Address 3/81 Moray Street
4
3
2
468m2
Oct-15
$4,650,000
2
6 Llewellyn Street
5
4
3
2
860m
Nov-15
$4,230,000
3
106 Villiers Street
5
3
2
374m2
Oct-15
$2,705,000
4
225 Harcourt Street
3
2
2
2
486m
Oct-15
$1,755,000
5
10 Gibbon Street
4
1
2
582m2
Oct-15
$1,700,000
6
120 Annie Street
4
2
2
2
274m
Oct-15
$1,632,000
7
1321/22 Refinery Parade
3
2
2
230m2
Oct-15
$1,575,000
8
30 Gibbon Street
4
2
3
2
450m
Oct-15
$1,550,000
9
114 Harcourt Street
3
2
2
225m2
Oct-15
$1,155,000
10
62 Villiers Street
3
1
-
392m
Oct-15
$1,030,000
2
Sale Price
HIGHEST SALE PRICE
$2.675m
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
$346,000
79 days
76 properties
Teneriffe top ten sales Bed
Bath
Car
Land Size
Sale Date
1
Street Address 15 Abercrombie Street
3
2
3
399m2
Dec-15
$2,675,000
2
5/24 Macquarie Street
4
2
2
321m
Oct-15
$1,750,000
3
3/69 Kingsholme Street
4
2
2
-
Oct-15
$1,375,000
4
2/204 Arthur Street
3
2
2
2
234m
Nov-15
$1,070,000
5
413/88 Macquarie Street
3
3
2
163m2
Dec-15
$930,000
6
302/64 Macquarie Street
3
3
2
2
193m
Oct-15
$920,000
7
319/50 Macquarie Street
3
3
1
192m2
Oct-15
$830,000
8
50/135 Macquarie Street
2
2
1
-
Oct-15
$827,000
9
103/53 Vernon Terrace
2
2
2
-
Oct-15
$790,000
10
23/36 Vernon Terrace
3
2
1
111m
Oct-15
$710,000
2
2
Sale Price
HIGHEST SALE PRICE
$4.6m
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
$130,000
64 days
93 properties
Kangaroo Point top ten sales Bed
Bath
Car
Land Size
Sale Date
Sale Price
1
Street Address 102/1 Scott Street
3
3
4
-
7-Dec-15
$4,600,000
2
44 River Terrace
0
1
0
324m
15-Oct-15
$2,100,000
3
3/76 Thorn Street
3
3
2
304m2
1-Oct-15
$2,000,000
4
2606/25 Anderson Street
3
2
2
-
9-Oct-15
$1,475,000
5
110/1 Holman Street
3
2
2
217m2
17-Dec-15
$1,460,000
6
408/1 Holman Street
3
2
2
189m
15-Oct-15
$1,400,000
7
749 Main Street
0
0
0
625m2
1-Oct-15
$1,300,000
8
70/321 Main Street
3
2
3
245m
27-Nov-15
$1,240,000
9
43/57 Lambert Street
3
2
2
-
19-Nov-15
$1,100,000
10
101/98 Holman Street
3
2
2
-
3-Nov-15
$1,050,000
2
2
2
HIGHEST SALE PRICE
$935,000
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
$430,000
79 days
36 properties
Newstead top ten sales Bed
Bath
Car
Land Size
Sale Date
Sale Price
1
Street Address 1/15 Halford Street
3
2
2
225m2
Nov-15
$935,000
2
6/9 Newstead Avenue
3
2
2
175m
Oct-15
$820,000
3
67/27 Cunningham Street
2
2
1
-
Oct-15
$790,000
4
25/27 Cunningham Street
2
2
1
2
116m
Oct-15
$750,000
5
325/64 Macquarie Street
3
2
1
227m2
Oct-15
$725,000
6
129/21 Masters Street
2
2
1
2
90m
Nov-15
$590,000
7
207/21 Masters Street
2
2
1
72m2
Nov-15
$450,000
8
32/32 Newstead Terrace
2
2
1
-
Oct-15
$440,000
9
206/21 Masters Street
2
2
1
101m2
Oct-15
$430,000
10
6/32 Newstead Terrace
2
2
1
-
Oct-15
$415,000
2
SOLD BY LORNA LORNA BAILEY 0410 609 789 TENERIFFE
NEW FARM
NEWSTEAD
KANGAROO POINT
Bowen Terrace Rose and I wanted to commend you on the hard work effort and meticulous detail you put into selling our property. After being on the market with another agent we were thrilled to find a diligent agent with the ambition to achieve the very best for us. This is a testimony to your service levels, professionalism and integrity that we believe are some of the best.
Lorna Bailey 0410 609 789 lornabailey@eplace.com.au
Seller & Rose