Alderley
with Lucas Jeffries
Quarterly Property Market Report January to March 2017
Welcome to my latest report on Alderley Friendly. Vibrant. Captivating. Three of the words I often hear to describe the community of Alderley. From property owners to business owners, buyers and renters alike, the sentiment doesn’t change. It is also what continues to attract strong interest in the area. Yes, the easy access to great infrastructure and amenities are all important but the general vibe, that feeling, that genuine sense of community makes the area all the more livable and clearly lovable. Understanding how that can impact your move is where I step in, so give me a call and let’s take it from there.
Lucas Jeffries. Your local Alderley Specialist. 0405 818 21
What’s happening in our local property market Navigating the property market can sometimes feel like a never-ending game of real estate chess. Add into the mix plenty of conflicting media attention on median prices – falling or booming – and it easy to see why some in the market can be finding it tough to get a straight answer. If your strategy is anything other than to speculate on a short-term capital gain, then really your decision is about fundamentals. For selling and buying it becomes about what’s right for you – is the house appropriate? Location ideal? Lifestyle opportunities up to your needs? Is this the right time for me/us to move? Thanks to improving local infrastructure, including the new Coles shopping centre, Alderley continues to appeal to a wide audience of buyers. This includes investors, who have recently been moving away from Sydney and Melbourne due to affordability issues and adding to the desirability of Alderley is of course it’s convenience.
For sale – 4/420 Enoggera Road, Alderley
View by appointment
2 Beds 1 Bath 1 Car
Positioned in a very tightly held pocket of Alderley, this spacious dual level 2 bedroom townhome sits proudly in a complex of only four. Situated towards the rear of the complex with a spacious, private and fully fenced grassed yard with covered patio and equipped with ample indoor and outdoor living space. Whether you are looking to nest or invest, this low maintenance property in a prospective growth location will be sure to impress. Conveniently located walking distance to the brand new Coles shopping complex, the Alderley train station, the Alderley Arms Hotel, within the Everton Park State High School Catchment and only 6.7km’s from the CBD.
How we compare to our neighbours (Median House Price Achieved from January to March, 2017)
Ashgrove
$770,000
Enoggera
$660,000
Everton Park
$589,000
Gaythorne
$647,500
26
Number of Sales
Alderley $683,501
Grange
$1.195m
Highest Sale Price
$996,250
$345k
Lowest Sale Price
Kedron
$720,000
Newmarket
$755,000
Stafford
$577,000
Wilston
$1,398,000
36
Average Days on Market
Alderley top 10 sales and statistics (January to March, 2017)
1
2
3
4
5
6
Street Address
Bed
Bath
Car
Land Size
Sale Date
Sale Price
1
69 Cole Street
4
2
2
900m2
Jan-17
$1,195,000
2
55 Marne Street
5
2
2
868m2
Mar-17
$1,040,000
3
182 Royal Parade
4
2
2
790m2
Jan-17
$997,200
4
21 Braeside Terrace
3
2
3
580m2
Jan-17
$910,000
5
48 Milford Street
3
2
2
594m2
Jan-17
$845,000
6
11 Conifer Street
4
3
2
536m2
Mar-17
$820,000
7
12 Ainslie Street
4
2
2
405m2
Mar-17
$705,000
8
9 Boyne Street
2
1
1
708m2
Mar-17
$695,000
9
37 Marne Street
3
1
2
607m2
Feb-17
$672,001
10
75 Farrington Street
3
1
6
835m2
Mar-17
$672,000
Enoggera Road Street with the Most Sales
Marne Street $856k
Street with the Highest Average Sale Price
Very happy to recommend Lucas as an agent. Enthusiastic and hard working. Kept me in the loop at all times. Thank you, Lucas. Marjorie. Seller: 23 Huxley Avenue, Alderley.
Lucas has an outstanding manner and professionalism and did a magnificent job selling our townhouse. Ian & Di. Seller: 13/451 Enoggera Road, Alderley.
Lucas Jeffries
Your local Alderley Specialist
lucasjeffries@mcgrath.com.au 0405 818 219 About this market 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 may have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Lucas Jeffries and McGrath Wilston by datachurp.