Corinda
It’s my kind of place
Summer 2017/2018 Market Report Proudly presented by Paul Eaton from Place pauleaton.com.au
Welcome to the Summer 2017/2018 edition of my Corinda Suburb Report This year Corinda has experienced exceptional growth in the housing market. The Median House Price has risen by 10.08% over the last 12 months. In comparison, Greater Brisbane experienced a 3% growth in the same period. This has resulted in Corinda being one of the better performing suburbs in Brisbane in 2017. If you are overdue for your annual check-up regarding your home’s value and how much it has increased, give me a call. I look forward to popping over for a cuppa and a chat. This will help allow you to make the best property decisions moving forward. We continue to list and sell homes near you in 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/Sherwood Community 4075 Facebook Group that I started.
Thinking about keeping your place as an investment? Jaclyn is a savvy and committed property management guru. She has been working diligently in the industry now for six years and takes great pride in delivering exemplary service to her clients. I caught up with Jaclyn recently to tap into her expertise, and answer a few questions around home owners looking to keep their property as a rental. What are the benefits of keeping your property as an investment? The major benefit is that holding a property for an extended period of time increases its value, all while you are gaining a regular rental income. It can also often be advantageous for tax. What is best to do in preparation for rental? It is crucial when preparing your place for the rental market that you focus on achieving as much interest as quickly as possible to achieve the best possible outcome. To do this, first impressions count! Make sure that the property is presented well in terms of decluttering, in good repair and overall impression. Ensure your place appears as large, bright, open and airy as possible.
Why is it of value to rent through an agency? Utilizing a reputable agency’s rental services enables a landlord to have a stress-free experience, whilst maximizing the financial return on one of the largest assets an investor will have. An agency like Place understands and implements legislation, and keeps you up to date with any legal changes to mitigate any potential issues with the property or tenancy. Agencies also have a stronger database and resources for capturing that ‘good quality’ tenant. Contact Jaclyn on 0427 802 974 or email jaclynlazarou@eplace.com.au, for more information.
How does an owner maximise their weekly rent? An owner can maximize their weekly rent by maintaining the property to the highest standard, which helps to achieve a higher rental income. This means undertaking regular routine maintenance and upkeep. Additionally, in Queensland we find that the best way to increase rental income as an owner, is to install air conditioning and ceiling fans throughout the property. A dishwasher is also a nice feature. This makes the property more attractive to potential tenants in the rental market.
Paul with Jaclyn Lazarou
Corinda HIGHEST SALE PRICE
$1.850m
$282,000
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
37 days
55 properties
Recent sales Street Address
Bed
Bath
Car
Land Size
Sale Date
Sale Price
1
96 Nelson Street
5
4
2
910m2
Oct-17
$1,850,000
2
35 Kathleen Street
4
4
2
1012m
Oct-17
$1,660,000
3
5 Harrowby Street
8
3
2
984m2
Sep-17
$1,603,000
4
45 Kathleen Street
4
4
4
1012m2
Oct-17
$1,350,000
5
77 Watt Street
4
3
2
400m2
Sep-17
$1,100,000
6
31 Oxley Terrace
4
3
2
2
810m
Oct-17
$935,000
7
38 Erinvale Street
3
1
1
850m2
Sep-17
$840,000
8
46 Ardoyne Road
4
1
1
809m2
Nov-17
$835,000
9
14 Hereford Street
4
2
2
701m2
Sep-17
$660,000
10
19 Whistler Street
4
2
2
2
701m
Sep-17
$660,000
11
44 Consort Street
2
2
2
396m2
Nov-17
$650,000
12
75 Keble Street
3
2
2
296m2
Sep-17
$580,000
13
2/51 Hassall Street
3
2
2
168m2
Oct-17
$577,000
14
23 Spencer Street
–
–
–
2
405m
Sep-17
$562,000
15
7 Hodge Street
3
1
1
405m2
Oct-17
$555,000
16
13/699 Oxley Road
3
2
1
142m2
Oct-17
$535,000
17
50 Railway Terrace
4
1
4
655m2
Oct-17
$535,000
18
40/300 Cliveden Road
3
2
2
2
174m
Sep-17
$505,000
19
11/12 Edmondson Street
3
2
1
195m2
Sep-17
$427,500
20
3/43 Martindale Street
2
1
1
121m2
Sep-17
$382,500
21
6/40 Clewley Street
2
1
1
103m2
Oct-17
$282,000
2
Francis Look-Out by Georgina Auton
No doubt you will have driven past the iconic Francis Look-Out many times, from where you can see from the city to past Mt Coot-tha with almost uninterrupted views. That said, have you ever stopped to consider why it’s called the Francis Look-Out, who all of the graves belong to, or who the Francis’ were? We spoke to Marion Mackenzie from the Oxley-Chelmer History Group about the history behind this recognisable spot and one very unlucky family. “The Francis family arrived here in the 1860s with a number of other people who settled in the district to become farmers,” Marion explains. The Francis Look-Out area was the place where they owned farmland and their tents were further down what is now Hilda Street towards the river. “A lot of them weren’t really experienced farmers but they undertook the task with great enthusiasm. Along the way though, a number of tragedies beset them, and the 1863 flood saw them lose all their belongings in their tents, prompting an escape to higher ground.” Arthur and Angela were the original Francis’, and arrived by ship from England with a toddler and an infant who was born on the voyage. “Unfortunately, that baby died the next year and this was to mark the rest of their life because Angela gave birth to seven children. Only three survived into adulthood (due to high infant mortality rates),” Marion says. Richard was the eldest son, and went to England to study as a teacher before returning to Australia to teach at Brisbane Boys Grammar. “He had just married and had his first child when the 1893 flood came through and he went in to rescue people,” Marion says. “As a result, he developed pneumonia and died and his grave is here.” continue over.... The family graves
“Rest for the Weary” was hand-carved by Angela The view from Francis Look-Out
The second son, Alexander, became a doctor after studying in England and married before returning. “But then his wife died of tuberculosis and her grave, or certainly a stone in memory of her, is here too,” Marion says. Angela had also returned to England to do a midwifery course when Alexander was there, as she had lost so many babies and wanted to help other women. “She came back here and set up classes in private homes in first aid and prenatal care in country towns throughout the state and badgered the government to set up training courses in midwifery in the hospital in Brisbane.” Arthur and Angela had then left this district and moved around the state wherever Arthur was a magistrate. “They eventually moved back to Sherwood and became very active in the women’s suffrage movement and held meetings for women. In 1902, Arthur died in his 70s and he is also buried here.” That same year, Angela had the structure built at the front of the lookout and handcarved the words “Rest for the Weary” in remembrance. After Arthur passed, Charlotte (their surviving daughter), Alexander and Angela returned to England to live. There are a number of graves in the Francis Look-Out park, and the majority belong to the Francis family. These graves are fenced and belong to the members of the family who are buried side by side, including the infants. “It’s not surprising that they established this cemetery on such a high point where the graves would be safe.” The rest of the graves in the area are said to belong to close friends of the Francis family. “They left behind this extraordinary place and the graves tell those sad stories.” A huge thank you to Marion from the Oxley-Chelmer History Group. If you’d like to know more about our area, feel free to get in touch at ochginc@gmail.com.
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Jaclyn Lazarou Excellence in Property Management
For the best property management service, contact Jaclyn today on 3379 4311 or jaclynlazarou@eplace.com.au Place Graceville 389 Honour Avenue, Graceville
Love your home. Love your loan.
Dedicated to delivering bespoke haircuts Wishing all our customers a very Merry Christmas. We will be closed Saturday 22nd Dec 2017 til Sunday 7th Jan 2018. Corinda Barber 619 Oxley Rd, Corinda QLD 4075 Telephone: 3379 7399
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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 September, October and November 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.