Corinda.
It’s my kind of place.
Winter 2016 Market Report by Paul Eaton pauleaton.com.au
Hello and welcome to the winter edition of my Corinda Suburb Report. I hope you are finding this series of reports both interesting and informative. They have been designed to keep you up to date with the very latest on what’s going on in our treasured suburb, and hopefully the recent sales data helps you keep your finger on the pulse of what your property is worth. Please be sure to contact me for any of your real estate queries, or if you would like an updated opinion on what your property would likely fetch in the current market. I continue to list and sell houses near you in my specialist area of Corinda. I live in Corinda, love Corinda, and sell Corinda! If you see me around and about in Corinda, be sure to stop and say hello! Paul Eaton – Lead Agent at Place.
The team selling Corinda for more Paul Eaton 0431 599 568 pauleaton@eplace.com.au pauleaton.com.au
The proof is in! We sell our properties in a shorter period and for higher prices. Over the past 12 months, the evidence shows we sold our client’s 19 Corinda properties for a whopping 33% more than the average Corinda sale price.
Corinda Average Sale Price Past 12 Months $900,000 $863,934
$800,000 $700,000 $650,714
$600,000 $500,000
Corinda Average
Place Graceville
Furthermore, we achieved an average days on market of just 22, compared to the Corinda average of 68. This means we are achieving the very best results available in the market for our valued clients, and in a very short period of time.
Corinda Average Days on Market Past 12 Months 80 60
68
40 20
22
0 Corinda Average Source: Price Finder and Domain.
Place Graceville
Corinda HIGHEST SALE PRICE
$3.250m
$468,000
Number of properties for sale
average time on the market
LOWEST SALE PRICE
71 days
34 properties
Recent sales Street Address
Bed
Bath
Car
Land Size
Sale Date
Sale Price
1
181 Dewar Terrace
5
3
3
2656m
May-16
$3,250,000
2
16 Grace Street
4
3
4
810m
Mar-16
$1,200,000
3
46 Lynne Grove Avenue
2
1
4
1229m2
Apr-16
$845,000
4
20 Ardoyne Road
3
1
2
607m2
May-16
$600,000
5
4 Marchant Crescent
0
0
0
500m2
Mar-16
$550,000
6
10/1-7 Robbins Street
3
2
2
112m
Mar-16
$532,000
7
825 Oxley Road
3
1
2
2
429m
Mar-16
$522,500
8
774 Oxley Road
3
1
1
642m2
Mar-16
$474,000
9
6 Stanfell Street
3
1
2
733m2
Mar-16
$470,500
10
54 Quarry Road
3
1
1
453m2
Apr-16
$468,000
2
2
2
About this marketplace report. In compiling this report the author has relied upon information supplied by a number of external sources including CoreLogic RPdata and various Australian Bureau of Statistics publications. 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 months of March, April and May 2016 and some properties have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Paul Eaton by datachurp.
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.
From left to right: Danny, Paul & Pete.
Meet Danny from Fair Dinkum Painting Thanks for your time today Danny. Why would you recommend an owner paint their property before selling?
Any final tips? “We cater for paint jobs of all different types and sizes, however the most important rooms to get
“I genuinely believe nothing can increase a
right at the very least from a painting point of view
property’s value more than a fresh paint job inside
are the kitchen and bathrooms.”
and out. I have seen many instances when every dollar spent on painting has resulted in a $3 return on that investment. It helps freshen the property up
Share with us a bit about the history of your business
and gives the impression it has been well-loved…
“I started Fair Dinkum in March 1996 meaning
We all know much first impressions count!”
we actually just celebrated our 20th anniversary
What do you recommend colour wise?
this year. As I said we love tackling all paint jobs, however throughout that time our speciality has
“Light, neutral colours are generally recommended
always been timber homes in the Corinda corridor. I
because they will appeal to a wider range of
started as a sole trader however we have grown to
potential buyers. It opens up smaller spaces
be a team of experienced painters.”
making them appear brighter and larger. Plus buyers will also see it more as a clean slate and
What is it that you love about the Corinda area?
easier to change down the track if they wish to.
“It is a beautiful area that is so leafy and green.
Ultimately it means buyers will be able to
Plus it has so many quality homes and residents
better visualise themselves living in the home.
have a warm and caring attitude. I couldn’t think of
We advise against painting entirerooms in bold
anywhere else I’d rather live and work!”
colours, as they may go out of fashion. At the moment coffee and charcoal coloured trims
Contact Danny from Fair Dinkum Painting
are in.”
on 0419 727 037
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Love your home. Love your loan.
Shae Mentink
Excellence in Property Management Number 1 Property Manager within the entire Place Group. For the best property management service, contact Shae today on 0421 130 211 or shaementink@eplce.com.au
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