Corinda
It’s my kind of place
Spring 2017 Market Report
Proudly presented by Paul Eaton from Place pauleaton.com.au
Hello and welcome to the spring edition of my Corinda Suburb Report. Traditionally the spring selling season is strong. We see more buyers enter the market, meaning there is a boost in property enquiries and inspections. Properties also naturally present more beautifully in spring as the sun is out, the temperature gauge rises, pools look more appealing, and gardens are in full bloom. Therefore it is a great time to have your property on the market! The Corinda housing market is humming along nicely. Stock levels remain low meaning there is less choice for buyers and increased competition. Be sure to contact me if you would like me to pop around and update you on how much your home has increased in value. This will allow you to make the best decisions moving forward. My team and I continue to list and sell homes near you in my specialist area of Corinda. Paul Eaton – Lead Agent at Place 0431 599 568 pauleaton@eplace.com.au pauleaton.com.au
For real estate and community information between these reports please visit pauleaton.com.au, like the Paul Eaton Place Real Estate Facebook Page, and join the Corinda Community 4075 Facebook Group that I started.
Renovating for profit with builder Chris Tell us a little bit about your history in the building industry? I have been in the construction industry for over 15 years now, and have spent most of my time building and renovating timber houses. Using my hands and being able to see something take shape with the team is the best part about what we do. It is really satisfying when clients love what you have done for them. What are the key areas of the house to focus on when renovating? Creating a layout that suits your lifestyle, now and into the future, is of vital importance. This includes space and separation. Focussing on how the key internal living areas, such as the kitchen and lounge, flow to outside living areas is critical. What other key tips do you have for people looking to renovate for profit?
compromising on quality. When renovating for profit it is best to add features to the property such as another bedroom, bathroom/ensuite, entertainment deck/patio, car accommodation etc. This in addition to cosmetic improvements will add value to the home. Ultimately taking a 3 Bed, 1 Bath, 1 Car property and transforming it into a 4 Bed, 2 Bath, 2 Car property should be a winner. However of course this won’t always be possible due to a lack of space or it simply not being worth it due to the costs involved. In summary, additional features to look at when renovating for profit are car accommodation, bathrooms/ensuite, bedrooms and a deck/ patio.
Contact Chris on 0428 548 142 or visit coultonconstructions.com.au, for more information.
Renovating for profit can be tricky but is possible to achieve if you treat the renovation like a business and make cost effective decisions. To start with you need a clear plan, complete with timeframes and a budget. Break your costs down so you can track each component of the job. If something is going over budget you may need to save money elsewhere. Good planning will help prevent last minute rushes, which can be costly. Effective project management is also essential to maintain progress and complete the job efficiently, without
Paul with Chris Coulton
Corinda HIGHEST SALE PRICE
$1.560m
$295,000
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
31 days
43 properties
Recent sales Street Address
Bed
Bath
Car
Land Size
Sale Date
2
Sale Price
1
45 Ardoyne Road
5
4
2
810m
Jun-17
$1,560,000
2
30 Teesdale Street
4
4
3
405m2
Jun-17
$1,210,000
3
32 Balderstone Street
3
2
1
810m2
Jun-17
$940,000
4
45 Clewley Street
3
1
1
810m2
Jun-17
$900,000
5
32 Dart Street
3
1
1
810m2
Jun-17
$885,000
6
47 Ardoyne Road
3
2
2
405m2
Jun-17
$840,000
7
16 Rathlyn Avenue
4
3
2
425m2
Jun-17
$820,000
8
54 Menin Road
4
2
2
845m2
Aug-17
$765,000
9
25 Oxley Terrace
3
2
1
405m2
Jun-17
$730,000
10
40 Clara Street
3
1
1
703m2
Jul-17
$690,000
11
32 Rinora Street
4
3
2
604m2
Jun-17
$686,000
12
53 Watt Street
3
1
1
572m
Jul-17
$650,000
13
6 Hodge Street
4
1
1
647m2
Jun-17
$618,100
14
51 Hassall Street
3
2
2
2
875m
Aug-17
$580,000
15
17 Merewether Street
4
1
2
612m2
Aug-17
$560,000
16
55 Railway Terrace
5
2
1
410m2
Jul-17
$540,000
17
18/300 Cliveden Avenue
3
2
2
–
Jul-17
$502,000
18
3/48 Gray Avenue
–
–
–
153m2
Jun-17
$498,000
19
17/300 Cliveden Road
3
2
2
178m2
Jun-17
$470,000
20
6/9 Dunlop Terrace
2
1
1
99m2
Jun-17
$295,000
2
Article by Georgina Auton & Paul Eaton
Corinda State High School has a farm – E-I-E-I-O When you look at Corinda High from the front, you’d never guess that hidden in the back corner is a fully functioning suburban farm! Recently we visited the school to find out more and Stuart Halsey, Head of Senior Science and Agriculture, greeted us at the gates to show us around. “We have sheep, fish, chickens, bees, goats and even alpacas which are nurtured multiple times daily at the farm. While students study theory inside the classroom, most of their work is done outdoors – learning how to look after and care for the animals. Some students even give up their lunch breaks to learn new skills for animal upkeep”, Stuart said. Stuart added they are very excited because they’re about to get ten head of Droughtmaster cattle, which will be kept on the Oxley Common behind the school. “It benefits the education of the kids in different ways. They get that unique experience of working with animals that they wouldn’t normally in a suburban high school.” Stuart made sure to emphasise that while they do have access to land and are able to give highschoolers the opportunity to work with the larger animals like sheep and cows, they also place a spotlight on sustainable urban agriculture. The school is in the heart of the Corinda, and Stuart believes that urban agriculture is a great thing to teach the students, particularly for the future. “We want to educate, not just the kids, but also the primary school students and the broader community as to what’s possible in a small space in the city.” On top of the animals, the students also grow their own herbs, fruits and veggies in raised and groundlevel garden beds. As for what’s next – well the lambs have begun to arrive this spring season and boy oh boy, are they cute! We can’t wait for updates as they grow up. What a great thing for high school students to be able to take part in! Don’t you wish that your high school had this?
Corinda State High School, 46 Pratten Street, Corinda, 3379 0222
We look forward to celebrating with you “Paul was an absolute pleasure to work with. He appreciated that it was a stressful and somewhat sentimental time in my life and went out of his way to really talk me through the process. I felt very informed and supported and would absolutely recommend him to anybody who is considering selling their beloved home. Adding to this he managed to achieve a better result than I had even imagined.” Lyndon
“From our first meeting we knew Paul was the right man for the job. We generated lots of interest in our home and Paul negotiated the very best price for us. His local knowledge and communication are second to none and we would recommend him to anyone considering selling.” Ed & Joy
“Paul was fantastic to work with. His communication was exceptional. We knew exactly what was happening every step of the way. He managed to achieve a sale in a difficult apartment market and we are very grateful for all his hard work and knowledge. We would really recommend him to anyone in the area.” Caitlin & Phil
Jaclyn Lazarou Excellence in Property Management
For the best property management service, contact Jaclyn today. Office: 3379 4311 Mobile: 0427 802 974 Email: jaclynlazarou@eplace.com.au Place Graceville 389 Honour Avenue, Graceville
WE BRING MORE THAN 25 LENDERS TO YOUR DOORSTEP THAT’S CHOICE! Open the door to a life changing conversation...
“Ever compared your loan with other lenders? You may find you’re missing out. Time Home Loans not only offers you all important freedom to choose, we also outshine the banks in service, personal touch and passion!” Here’s why it’s wise to use a Time Home Loans Mortgage Specialist! We work for you, not the banks. We will source the right loan for you depending on your financial circumstances. The banks would offer a suitable available product, however they won’t tell you if another bank has an even better product or deal for you.
The Mortgage Specialists you can bank on. www.timehomeloans.com
Copyright 2015 Time Home Loans. Australian Credit Licence: 433589. Please contact our financial brokers for more information. Your contact information will be collected by us. Time Home Loans can be contacted at info@timehl.net.au. We use this information to stay in contact and provide our services to you. We may also use your information to offer or provide you with additional products or services, or ask for your feedback. We may not be able to assist you if we do not have your current contact information. We may need to disclose your information to our associates, contractors and service providers, who may be overseas. Our Privacy Policy contains information about how you can access your personal information and request corrections or complain if you are dissatisfied with how we have dealt with your personal information.
Love your home. Love your loan.
TRADING HOURS
3AM TRADING - 7 DAYS SHERWOOD SERVICES CLUB INC.
STARTS OCTOBER
WIN $500 A WEEK FOR A YEAR 5 DRAWS EVERY THURSDAY FROM 6PM 10 DRAWS EVERY SUNDAY FROM 1PM BONUS 10 ENTRIES DRAWN DECEMBER 30TH ALL WEEKLY WINNERS WIN A $25 CLUB VOUCHER AND GO INTO THE FINAL DRAW FOR
$25,000 DRAWN ON DECEMBER 30TH 2017 AT 6PM
SHERWOOD SERVICES CLUB INC. All Those Who Served
1 Clewley St, Corinda QLD 4075 07 3379 8555 www.sherwoodservicesclub.com.au
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 June, July and August 2017. Some properties may have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Paul Eaton and Place Graceville by datachurp.