QUARTERLY REPORT
proudly presented by matthew jabs & ross armstrong your local place agents
WAVELL HEIGHTS PROPERTY
LE SA
marketplace
R FO
2016,
WELCOME to our latest report on PROPERTY SALES for Wavell Heights As we start our climb towards the middle part of the year, it is interesting to see what changes have taken place in the property market. Across Australia’s capital cities, and when compared to the same time last year, house prices have continued to grow, albeit by smaller percentages than previously which suggests that we have returned to a more modest paced market or cycle.
There are a number of factors that have resulted in Brisbane’s resilient trend since 2012, namely; consistent population growth change with an average growth rate of 2.2% per annum over the last ten years; there is generally less speculation based property investment; and the market has consistently seen a level of supply – of homes – coming to the market.
Year on year, Brisbane as a whole grew by 4.5% and remains one of Australia’s most stable and most consistent market places in terms of capital growth. It is also unlikely that as a whole Brisbane will see any significant swing or adjustment to this level throughout the remainder of 2016.
All the best and enjoy the read. MATTHEW JABS 0422 294 272 matthewjabs@eplace.com.au
ROSS ARMSTRONG 0409 299 653 rossarmstrong@eplace.com.au
recent sales activity Wavell Heights PAST QUARTER
2015
HOW many properties SOLD during the quarter?
36
161
HOW many properties are CURRENTLY on the market?
75
NA
WHAT was the MEDIAN price paid during the quarter?
$655,000
$613,000
WHAT was the highest SOLD price during the quarter?
$2,250,000
$1,380,000
WHAT was the lowest SOLD price during the quarter?
$300,000
$63,000
HOW much was the VALUE of all SOLD properties during the quarter?
$32.9 Million
$100 Million
Parkham Avenue
Rode Road
WHICH street saw the MOST sales during the quarter?
dynamic design & marketing = premium sale prices Matthew Jabs & Ross Armstrong are bringing a new level of marketing to Wavell Heights and surrounding suburbs. When selling a home the marketing process often begins long before the property hits the market. We cater to the individual needs of clients by offering assistance and advice; from the planning stages of a new build right through to the design and staging of furniture in established homes, all to ensure a premium sale price. Drone photography & videography, twilight photo shoots & professional brochures are just some of the extras we provide making our marketing strategies the best in the business.
recent sales activity Wavell Heights
Wavell Heights
3/7 Rode Road $300,000
2
1
1
Wavell Heights
1
1
16/70 Magenta Street $516,000 468m2 1
4
Wavell Heights
1
2
3
Wavell Heights
3
1
4
2
4
2
3
1
0
0
0
4 Maple Street $520,000 450m2
0
3
1
1
Wavell Heights 50 Main Avenue $590,000 658m2
1
3
1
3
Wavell Heights
19 Thornton Parade $610,000 607m2
1
3
1
2
Wavell Heights
30 Maple Street $630,000 673m2
2
2
Wavell Heights
65 Taylor Street $520,000 422m2
Wavell Heights
121 Spence Road $625,000 716m2 1
0
25 Wade Street $608,000 405m2
Wavell Heights
3
0
2
86 White Street $500,000 405m2
Wavell Heights
42 Maggs Street $600,000 562m2 1
0
3
Wavell Heights
10 Turquoise Place $569,100 531m2
Wavell Heights
3
2
Wavell Heights
177 Hamilton Road $535,000 607m2
4
1
88 White Street $495,000 405m2
Wavell Heights
4
3
5/23 Rode Road $447,500
Wavell Heights
23 Ontario Street $455,000 342m2
4
Wavell Heights
5 Vale Street $305,000 405m2
11 Kenya Street $630,000 602m2
2
3
1
2
Wavell Heights
Wavell Heights
170 Bilsen Road $680,000 396m2
3
2
1
Wavell Heights
12 Vaucluse Street $740,000 607m2
3
2
2
Wavell Heights
2
2
1
Wavell Heights
42 Taabinga Street $755,000 602m2
4
3
2
4
2
4
2
2
2
Wavell Heights 168 Bilsen Road $760,000 804m2
3
1
0
25 Deramore Street $880,000 405m2
2
5
3
2
Wavell Heights
18 Luke Street $1,020,000 825m2
2
4
Wavell Heights
Wavell Heights
12 Warril Street $975,000 607m2 2
1
5 Benedict Street $845,000 599m2
Wavell Heights
4
3
7 Varcoe Street $740,000 607m2
Wavell Heights
27 Belloy Street $805,000 647m2
3
Wavell Heights
43 Aveling Street $691,100 607m2
12 Sunny Avenue $1,101,000 625m2
2
4
2
2
Wavell Heights
1-6/22 Parkham Avenue $2,250,000
13
12
9
ABOUT this marketplace report. The recent sales activity is for confirmed settled sales for Wavell Heights that were on record for the months of January, February and March 2016. In compiling this report the author has relied upon information supplied by a number of external sources. 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 settled transactions reported during the period and some properties have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Matthew Jabs, Ross Armstrong and Place by datachurp.
16 Barrhead Street, WAVELL HEIGHTS FOR SALE – Architecturally Designed Family Home This architecturally designed contemporary home, set on a low maintenance 607m2 block, has been designed for practicality, functional living and entertainment. This stunning home has been finished with high quality fixtures and fittings leaving nothing left to do but move in and enjoy. Features of the upper level include: open plan living & dining with timber flooring; gourmet kitchen with butler’s pantry; alfresco entertainers deck with built in spa & outdoor kitchen; master bedroom with walk-in robe & ensuite; 3 additional bedrooms with built in robes; & main bathroom with stand-alone bath. Features of the lower level include: fifth bedroom; family room which flows outside to the second entertaining area; bathroom; laundry; storage room & child friendly landscaped backyard.
12 Warril Street, WAVELL HEIGHTS SOLD – $975,000 This stunning steel framed, architecturally designed contemporary 4 bedroom home, built and finished to the highest standard has sold for a fantastic price. Impeccable design and craftsmanship combined with our marketing strategies generated a large volume of buyer interest, resulting in a great result within 7 days of going to market.
27 Belloy Street, WAVELL HEIGHTS SOLD in 8 days for $805,000 We are proud to announce we have SOLD 27 Belloy Street, Wavell Heights and were able to achieve a great result for the very happy owners. This immaculately renovated 3 bedroom + study post war home, attracted several interested parties during the short marketing campaign and sold within 8 days of going to market.
E SU IS
QUARTERLY REPORT
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
WAVELL HEIGHTS PROPERTY
16 20
proudly presented by matthew jabs & ross armstrong your local place agents
2,
marketplace
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2016,