2017,
HALF YEARLY REPORT
marketplace proudly presented by matthew jabs & ross armstrong your local place agents
KEDRON PROPERTY
Matthew Jabs
Kedron's
Number #1 Agent realestate.com.au*
WELCOME to our latest report on PROPERTY for KEDRON 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 Kedron JANUARY – JUNE 2017
2016
HOW many properties SOLD during the period?
110
141
HOW many properties are CURRENTLY on the market?
39
N/A
WHAT was the MEDIAN price paid during the period?
$577,509
$495,000
WHAT was the highest SOLD price during the period?
$1,310,000
$1,050,000
WHAT was the lowest SOLD price during the period?
$229,000
$245,000
HOW much was the VALUE of all SOLD properties during the period?
$63.8 Million
$77.7 Million
Lawley Street
Alice Street
WHICH street saw the MOST sales during the period?
Last 12 months of house sales by price range in Kedron.
43
$1m+
6
2011
70
$751 - $1m
73
2012
2013
2014
65
71 43
71
$601 - $750k
70
27
$501 - $600k
73
83
97
97
9
$400 - $500k
Number of house sales for the last 6 years in Kedron.
2015
2016
top 36 sales for Kedron Kedron
Kedron
23 Bay Street $1,310,000 607m2
3
1
53 Broughton Road $1,240,000 607m2
1
Kedron
39 Twelfth Avenue $980,000 607m2
5
2
2
Kedron
3
2
2
54 Cremorne Road $830,000 700m2 4
3
Kedron
57 Twelfth Avenue $798,000 607m2
3
1
2
3
1
4
–
1
4
3
2
3
1
1
Kedron
29 Glenfern Avenue $835,000 569m2
4
2
2
28 Fifth Avenue $805,599 405m2
2
Kedron
4
2
2
Kedron
50 Jardine Street $790,000 506m2 2
4
Kedron
12 Gunner Street $815,000 607m2
4
2
6 Boree Street $850,000 640m2
1
2
2
Kedron
Kedron
3
7
30 Yiada Street $930,000 451m2
1
3
11 Sixth Avenue $1,200,000 810m2
Kedron
22 Gail Street $976,000 810m2
21 Araluen Street $838,000 830m2
Kedron
6
Kedron
Kedron
24 Sturt Street $850,000 607m2 1
3
22 Sixth Avenue $855,000 810m2
Kedron
3
3
Kedron
9 Yiada Street $882,500 683m2
4
5
Kedron
109 Stafford Road $780,000 612m2
2
4
2
4
Kedron
21 Emerald Street $771,000 338m2
4
3
3
Kedron
1
1
59 Thirteenth Avenue $685,000 607m2 1
1
Kedron
89 Eleventh Avenue $675,000 445m2 –
–
–
Kedron
1
1
4
2
2
2
4
2
3
1
3
1
2
3
1
3
18 Connolly Street $665,000 637m2
1
1
36 Edinburgh Castle Road $637,500 612m2
1
1
Kedron
17 Dawn Street $671,560 670m2 1
2
53 Mawson Street $679,500 604m2
Kedron
2
3
Kedron
18 Evans Street $685,000 425m2 2
89 Strathmore Street $755,000 809m2
95 Strathmore Street $750,000 793m2
Kedron
3
Kedron
Kedron
Kedron
29 Exley Street $642,000 716m2 1
2
47 Brookfield Road $655,000 405m2
Kedron
3
1
Kedron
52 North Street $661,000 599m2
3
2
41 Wallin Street $751,000 835m2
Kedron
2
33 Lasseter Street $767,000 607m2
Kedron
2 Nabiac Street $755,000 827m2
3
Kedron
2
3
1
1
Kedron
39 Fifth Avenue $646,000 215m2
4
2
1
Kedron
68 Broughton Road $635,000 241m2
3
2
1
SO LD
23 BAY STREET, KEDRON SOLD – $1,310,000
SO
LD
We are proud to announce we have successfully SOLD 23 Bay Street, Kedron off market!! With over 10 years of selling new contemporary homes in the area, our large data base was effectively used to attract the right buyer. This perfectly positioned, contemporary, two-level residence set a new record sale price for a contemporary home set on 607m2 in the Padua Precinct.
20 SHACKLETON STREET, KEDRON SOLD Designed with the more selective family in mind, this near-new contemporary home attracted several interested parties during the short marketing campaign which we believe is the best in the marketplace with its’ fresh, crisp and professional approach. Set on an elevated 425m2 block in one of Brisbane’s most popular markets, this exceptional residence SOLD for a fantastic sale price.
SO LD
29 GLENFERN AVENUE, KEDRON SOLD – $835,000
SO
LD
We are proud to announce we have successfully SOLD this charming 4 bedroom double story home within 2 weeks of going to market. This much loved family home attracted a high number of inspections resulting in multiple offers, ensuring we were able to achieve a great result for the very happy vendors.
30 YIADA STREET, KEDRON SOLD – $930,000 Rarely does an opportunity present itself to buy a beautiful double storey home on 451m2 in the Padua College precinct and as such this lovely home sold within three weeks of going to market. Ideally positioned in a highly desired location, this immaculately presented home SOLD for a sensational price, to a family looking to take advantage of all Kedron has to offer.
2017,
HALF YEARLY REPORT
marketplace
Matthew Jabs
Kedron's
Number #1 Agent realestate.com.au*
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
KEDRON 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. *Matthew Jabs is currently the top selling agent in Kedron in recently released statistics from realestate.com.au.