2017,
HALF YEARLY REPORT
marketplace proudly presented by matthew jabs & ross armstrong your local place agents
MITCHELTON PROPERTY
WELCOME to our latest report on PROPERTY for MITCHELTON With the second quarter a wrap, Brisbane has again continued along its path of being Australia’s most consistent and stable market for growth. The Brisbane market, especially when compared to the Sydney and Melbourne markets, offers so much more affordability. This is intensifying demand, particularly from investors and 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.” So combine this with continuing greater economic improvements across Brisbane during the last twelve months and there is an
expectation that our housing market will continue solidly from now through to the end 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.
MATTHEW JABS 0422 294 272 matthewjabs@eplace.com.au
ROSS ARMSTRONG 0409 299 653 rossarmstrong@eplace.com.au
recent sales activity for Mitchelton JANUARY – JUNE 2017
2016
HOW many properties SOLD during the period?
124
252
HOW many properties are CURRENTLY on the market?
48
N/A
WHAT was the MEDIAN price paid during the period?
$565,500
563,000
WHAT was the highest SOLD price during the period?
$1,275,000
$1,450,000
WHAT was the lowest SOLD price during the period?
$225,000
$262,800
HOW much was the VALUE of all SOLD properties during the period?
$72.7 Million
$148.8 Million
Osborne Road
Osborne Road
WHICH street saw the MOST sales during the period?
Last 12 months of house sales by price range in Mitchelton.
Number of house sales for the last 7 years in Mitchelton.
2012
141
2011
144
119
2010
2015
2016
55
$601 - $750k
38
$751 - $1m
$1m+
124
45
$501 - $600k
120
149
167
13
$300 - $500k
3
2013
2014
top 36 sales for Mitchelton Mitchelton
Mitchelton
111 Gimba Street $1,275,000 3276m2
5
3
3
Mitchelton
14 Morningvale Place $965,000 628m2
5
3
2
Mitchelton
3
2
2
31 Evergreen Street $819,500 756m2 2
2
Mitchelton
21 Nicholson Street $800,000 405m2
5
2
Mitchelton
3
1
5
1
2
4
3
1
2
3
2
4
3
2
Mitchelton
12 Naturesque Close $820,000 800m2
2
2
4
2
2
Mitchelton
19 Suez Street $810,000 422m2
4
2
2
Mitchelton
21 Suez Street $795,000 422m2 2
5
18 Vorneen Lane $832,500 415m2
Mitchelton
4
2
Mitchelton
26 Belgenny Way $815,000 710m2 3
2
14 Balnaves Place $860,000 600m2
Mitchelton
4
4
Mitchelton
20 Meston Street $908,500 1012m2
6 Hay Street $820,000 406m2
Mitchelton
4
2
Mitchelton
18 Samford Road $832,500 822m2 3
3
10 Wye Street $835,000 405m2
Mitchelton
4
5
68 Frasers Road $1,092,500 1214m2
Mitchelton
18 Zeitoun Street $855,000 405m2
5
Mitchelton
90 Gimba Street $1,250,000 2548m2
177 Blackwood Street $785,000 865m2
2
5
3
3
Mitchelton
39 Mimosa Street $780,000 411m2
4
2
2
Mitchelton
143 Blackwood Street $765,000 807m2
4
2
2
Mitchelton
174 Mcconaghy Street $749,000 627m2
5
3
1
Mitchelton
2
2
1
42 Kyrunda Street $675,000 807m2 1
2
Mitchelton
52 Lockrose Street $760,000 624m2
4
2
2
Mitchelton
3
2
2
1
2
3
1
2
2
1
4
2
2
Mitchelton
60 Nicholson Street $752,000 809m2
3
1
2
4
3
2
Mitchelton
55 Suez Street $700,000 835m2
3
1
2
Mitchelton
66 St Helens Road $675,000 873m2
3
1
1
Mitchelton
33 Grace Street $668,821 602m2 1
37 Mimosa Street $765,000 370m2
18 Keylar Street $720,000 405m2
Mitchelton
3
Mitchelton
Mitchelton
19 Fida Street $730,000 721m2
66 St Helens Road $675,500 873m2
Mitchelton
3
2
Mitchelton
7 Cross Street $680,000 569m2 2
4
24 Heliopolis Parade $705,000 809m2
Mitchelton
5
40 Lockrose Street $770,000 658m2
Mitchelton
71 Gizerah Street $710,000 406m2
4
Mitchelton
18 Elbury Street $666,000 696m2
1
4
1
6
SO LD
63 STATION VIEW STREET, MITCHELTON SOLD – $815,000 This visually stunning, practical and sleek home, in Mitchelton has SOLD for a fantastic price of $815,000. The well designed floorplan combined with our marketing strategies, generated a large volume of buyer interest, ensuring a great result was achieved within 12 days of going to market.
EXCLUSIVE AGENT SHOWCASE Located on the top and right hand side of realestate.com.au the Exclusive Agent Showcase is a great way to cross sell your home through-out other surrounding suburbs and generate optimum buyer enquiry.
It’s all about being seen in the RIGHT PLACE! • All buyers across all price ranges see your property; • Attract buyers not just searching your suburb, but surrounding areas; • Scalability + size = increased views;
• Visually stimulating; • Bigger opening photo option to scroll photos without clicking through; and • Better property description details.
Generally we find properties promoted in a number of suburbs, via our Exclusive Agent Showcase shown to the left, receive more exposure and in turn achieve a premium price. At Place Newmarket, we can promote your property throughout the following suburbs:
Newmarket · Kelvin Grove · Ashgrove
2017,
QUARTERLY REPORT
marketplace proudly presented by matthew jabs & ross armstrong your local place agents
top three reasons why clients choose
matthew jabs & ross armstrong GREAT SERVICE every step of the way that you won't get from anyone else. AN AGENT WHO KNOWS what's at stake & what that means in today’s marketplace. EXPERT KNOWLEDGE of your local area so that when it comes time to decide the decision is clear.
MATTHEW JABS
0422 294 272 · matthewjabs@eplace.com.au
ROSS ARMSTRONG
0409 299 653 · rossarmstrong@eplace.com.au
MITCHELTON PROPERTY 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 during 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 Matthew Jabs and Ross Armstrong and Place Newmarket by datachurp.