WILSTON, WINDSOR GRANGE & GORDON PARK QUARTERLY REPORT 2016 Garry Jones & Craig Lea
Garry Jones
Craig Lea
Now that we are actively marketing property in the second quarter of the year, we trust that this snapshot looking back at January to March 2016 will be of assistance, especially if you are researching the market or considering buying or selling in our local area. As we move well into May, there is a lot of talk about whether the property marketing is changing. Questions about where are we heading are naturally coupled with this discussion. It is important to temper these discussions with what we know. Property supply remains low across our favourite suburbs with significantly less transactions on average compared with the same period last year. Wilston experienced 33% fewer sales, Windsor 53%, Grange 27% and Gordon Park approximately 69% fewer sales. With buyer demand at a consistently strong level, the current market has the recipe for solid growth. The fact that inspection numbers, registered bidders at auction and the number of offers being made are up imbues a sense of confidence in the market. In general there is a sentiment of optimism and we feel this is driving an apparent interest in upgrading, investing and broadly assessing options. If you require any advice or assistance we welcome the opportunity to meet with you. Garry Jones M 0406 609 677 E GarryJones@mcgrath.com.au
Craig Lea M 0408 888 569 E CraigLea@mcgrath.com.au
** Data for this report is collated across a variety of sources on or around the 20th day of the month following the reporting period for the purpose of accuracy.**
Wilston recent sales statistics and top ten sales for quarter one 12
$ 1.62 million
$ 535,000
$ 815,000
Number of Sales
Highest Sale Price
Lowest Sale Price
Median Sale Price
Street Address
Bed
Bath
Car
Land Size m2
Sale Date
Sale Price
1
20 Main Avenue
4
2
2
607
Jan-16
$1,620,000
2
65 Vale Street
5
2
2
810
Mar-16
$1,400,000
3
19 Hawdon Street
4
2
2
607
Mar-16
$1,340,500
4
78 Vale Street
2
1
1
810
Feb-16
$905,000
5
6 Clifton Street
3
1
2
564
Feb-16
$829,000
6
8 Granville Street
4
3
4
592
Mar-16
$825,000
7
1 Kedron Brook Road
3
2
1
531
Mar-16
$765,000
8
13 Noble Street
3
2
2
607
Jan-16
$600,000
9
32 Antill Street
-
-
-
708
Feb-16
$540,000
10
42 Abuklea Street
-
-
-
405
Jan-16
$535,000
I selected Garry and his team at McGrath as my marketing agents after observing his track record across the inner northern suburbs and also through recommendation by close friends. Garry worked exceptionally hard which resulted in my 3 bedroom, 1 bathroom home selling for a new suburb record at auction, I was thrilled with the result. Kylie L., Seller 41 Chermside Street Grange
Windsor recent sales statistics and top ten sales for quarter one 26
$ 1.13 million
$ 275,000
$ 637,500
Number of Sales
Highest Sale Price
Lowest Sale Price
Median Sale Price
Street Address
Bed
Bath
Car
Land Size m2
Sale Date
Sale Price
1
63 Somerset Street
3
1
1
923
22-Jan-16
$1,130,000
2
121 Main Avenue
4
1
2
405
27-Jan-16
$1,060,000
3
38 Somerset Street
6
3
4
923
30-Jan-16
$945,000
4
1 Walker Street
5
3
2
405
26-Feb-16
$851,000
5
4/27 Bowen Street
3
2
2
230
13-Feb-16
$850,000
6
22 Annie Street
3
1
2
531
27-Feb-16
$721,000
7
151 Eildon Road
3
1
1
405
8-Jan-16
$720,000
8
15/9 Storkey Street
3
2
1
506
19-Feb-16
$705,000
9
17 Storkey Street
3
2
1
165
19-Feb-16
$705,000
10
1 Epacras Street
4
3
2
1061
30-Mar-16
$700,000
Craig’s knowledge of the area and honesty made the process of selling our house as smooth as possible. His realistic advice and ability to come up with a sale strategy that gave us the best possible outcome were greatly appreciated. We would have no hesitation in recommending Craig to anyone wanting to sell their property in the area. Janice M., Seller of 34 Taylor Street Windsor
Grange recent sales statistics and top ten sales for quarter one 16
$ 1.336 million
$ 352,000
$ 690,000
Number of Sales
Highest Sale Price
Lowest Sale Price
Median Sale Price
Street Address
Bed
Bath
Car
Land Size m2
Sale Date
Sale Price
1
30 Newton Street
5
2
2
810
Mar-16
$1,336,000
2
84 Jean Street
4
2
2
405
Feb-16
$1,275,000
3
47 Carberry Street
3
2
1
895
Jan-16
$1,100,000
4
14 Newton Street
6
2
2
810
Feb-16
$1,067,500
5
91 Jean Street
5
2
2
513
Jan-16
$1,050,000
6
20 Chermside Street
4
3
2
405
Mar-16
$936,000
7
36 Grange Road
3
1
5
810
Mar-16
$820,000
8
39 Chermside Street
3
2
3
405
Jan-16
$727,000
9
58 Blandford Street
2
2
2
655
Feb-16
$653,000
10
15 Meecham Street
2
1
1
405
Jan-16
$640,000
Throughout the entire process Craig was extremely hands on and integral in guiding us on the optimal marketing and sales strategy. Prior to auction we were kept up to date with every aspect and were contacted multiple times a week with updates and feedback. Overall we were thrilled with the service and dedication from Craig and the team at McGrath Wilston. Paul & Kristie C., Sellers of 84 Jean Street Grange
Gordon Park recent sales statistics and top ten sales for quarter one 11
$ 990,000
$ 370,000
$ 730,000
Number of Sales
Highest Sale Price
Lowest Sale Price
Median Sale Price
Street Address
Bed
Bath
Car
Land Size m2
Sale Date
Sale Price
1
54 Beaconsfield Terrace
4
2
2
405
Mar-16
$990,000
2
89 Gordon Street
3
2
2
604
Mar-16
$902,500
3
142 Khartoum Street
3
2
2
810
Feb-16
$875,000
4
123 Khartoum Street
4
2
2
810
Mar-16
$830,000
5
9 Bedford Street
3
2
2
837
Feb-16
$812,500
6
229 Thistle Street
3
1
2
405
Mar-16
$730,000
7
50 Richmond Street
3
1
2
405
Jan-16
$678,000
8
29 Gordon Street
3
1
2
405
Feb-16
$612,000
9
26 Rose Lane
3
1
3
405
Feb-16
$601,000
10
42 Stafford Road
3
1
2
410
Feb-16
$482,000
We couldn’t be happier with our sale outcome and would like to thank Garry Jones and his team at McGrath for selling our property for a new suburb record! After observing that Garry had sold most of the homes in our price range, as well as knowing he is a local property owner himself, we employed him without hesitation. Matthew and Kellie L., Sellers of 27 Tindal Street Gordon Park
SELL FASTER AND CELEBRATE SOONER Garry Jones I 0406 609 677 Craig Lea I 0408 888 569