Paul Eaton Autumn 2016

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Corinda. It’s my kind of place.

Autumn 2016 Market Report by Paul Eaton www.pauleaton.com.au


Hello and welcome to the autumn edition of my Corinda Suburb Report. This is the latest in a series of reports which have been designed to keep you up to date with the very latest on what’s going on in our treasured suburb. Hopefully it 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... I continue to list and sell houses near you in my specialist area of Corinda. I live in Corinda, love Corinda, and sell Corinda!

Paul Eaton 0431 599 568 pauleaton@eplace.com.au 07 3379 4311 www.pauleaton.com.au


Presenting your property for sale tips. When your property is launched to the market For Sale, prospective buyers will find it through one of our promotional activities, do a drive-by, and arrange an inspection or come to the Open Home. Once they enter the front gate, before entering the front door, they will respond to the

•• Pressure hose outside paths, patio areas, and the driveway (John 0418 984 331 from Hire-A-Hubby) •• Fix those odd jobs around the house (John 0418 984 331 from Hire-A-Hubby)

environment. Therefore it is of vital importance that your

•• Cypress mulch gardens, trim hedges and cut back

place is prepared for when they arrive as you only get one

trees (Ashley 0400 888 250 from Sharp Edges Mowing

opportunity to make a sparkling first impression!

& Maintenance)

Presenting your property to appeal to all the senses will

•• Declutter furniture and other ‘stuff’ inside to be as basic

help maximise the saleability of your home. One way to

as possible, and make the home look as spacious as

think about it is a buyer does not want to inherit your To

possible (Lee 0410 583 991 from The Van That Can)

Do list. Of course all homes are different, however in most cases we recommend low cost/high reward activities such

•• Give the property a good spring clean inside (Kay 0428 969 004 from A & K Cleaning)

as: •• External house wash to make the home sparkle (James

•• Consider styling the property (Imogen 0432 994 056 from Home Staging Brisbane)

0406 969 305 from Scotty’s Exterior House Washing Specialists) •• A lick of paint inside and out (Danny 0419 727 037 from Fair Dinkum Painting)

Presentation is an important part in the process in achieving absolute top dollar for your home. Be sure to contact us as we would love to pop around and provide you with specific recommendations for your property.


Corinda HIGHEST SALE PRICE

$1.130m

NUMBER OF PROPERTIES FOR SALE

AVERAGE TIME ON THE MARKET

LOWEST SALE PRICE

$436,000

60 days

55 properties

Recent sales Street Address

Bed

Bath

Car

Land Size

Sale Date

Sale Price

1

111 Nelson Street

4

2

3

810m

Dec-15

$1,130,000

2

55 Keble Street

5

3

3

607m

Jan-16

$1,100,290

3

59 Donaldson Street

5

2

2

809

Dec-15

$1,044,750

4

60 Martindale Street

3

2

2

1214m2

Jan-16

$1,000,000

5

103 Hassall Street

4

3

2

871m2

Jan-16

$960,000

6

64 Clara Street

4

2

2

607m

Jan-16

$795,000

7

29 Edmondson Street

5

3

3

556m

Dec-15

$743,000

8

19 Railway Terrace

2

1

1

810m2

Jan-16

$715,000

9

41 Oxley Terrace

4

2

5

488m2

Dec-15

$630,000

10

10 Consort Street

3

1

2

463m2

Dec-15

$620,000

11

163 Clara Street

3

1

1

607m

Dec-15

$600,000

12

26 Penaton Street

3

2

2

554m

Jan-16

$547,000

13

45 Menin Road

3

1

1

392m

Jan-16

$537,000

14

13 Keble Street

0

0

0

601m2

Dec-15

$525,000

15

23/300 Cliveden Avenue

3

2

2

171m2

Dec-15

$520,000

16

2/1-7 Robbins Street

3

2

2

104m2

Dec-15

$511,000

17

12 Renoir Street

3

1

1

597m

Jan-16

$500,000

18

45 Marchant Crescent

-

-

-

450m

Dec-15

$495,000

19

159 Clara Street

3

1

-

607m2

Jan-16

$480,000

20

791 Oxley Road

2

1

1

607m2

Feb-16

$445,000

21

11/12 Edmondson Street

3

2

1

202m2

Jan-16

$436,000

2 2

2 2

2 2 2

2 2


Corinda HIGHEST SALE PRICE 2015

$2.50m

LOWEST SALE PRICE 2015

$285,000

AVERAGE TIME ON THE MARKET 2015

56 days

NUMBER OF PROPERTIES FOR SOLD 2015

153 properties

Demographic insights Home ownership levels are very strong in Corinda with

Most residents of the suburb were born in Australia (72%)

over 63% of all dwellings owned outright or owned with a

with England and New Zealand coming in at number 2 &

mortgage. The balance of the marketplace is rented. The

3 respectively.

majority of Corinda homes are of a good size with a little more than 70% having 3 or more bedrooms. The average number of people per household is 2.5 and the average number of children per family is 1.8. There are more female (52%) residents than males living in the area and the predominant age group is 35-39 year olds, who account for 7.5% of the total local population.

The median weekly income per household is $2,423 and $3,087 for family households. Despite the great public transport options available in Corinda which include trains and buses, the majority of us drive, or are driven, to work (55%) and most homes (43%) have two or more cars!

SOLD

5 Penaton Street Paul is a very personable young man who exudes enthusiasm and energy. His positive approach gives clients immediate confidence that a successful sale will be attained. He has a manner and style that is completely without guile and this ensures the client feels completely at ease at all times. Paul’s communication skills are first rate and he keeps his clients fully and continuously informed about every movement in the sale progress. Ian and Val M., Corinda


Meet Bruno, proprietor of wildly popular Caffe Primavera. Thanks for your time today Bruno, tell us a little bit about

range of businesses that cater for everyone’s needs.

your cafe

Plus it has great schools and is close to a number of

“Caffe Primavera has been part of the Corinda community for over 17 years, which is something we are extremely proud of. We started out as a casual daytime lunch venue, but have since progressed to offer breakfast, lunch and dinner, 7 days a week, and now employ over 25 dedicated staff. Our cuisine has always been modern with a Mediterranean twist.” What is it that you love about Corinda? “We love the community spirit of its people who

fantastic major shopping centres.” How do you like to give back to the community? “Over the years we have taken great satisfaction in supporting local schools, sporting clubs, Rotary organisations and various other businesses. We will continue to give back and look forward to maintaining these relationships long into the future.” Caffe Primavera: 667 Oxley Rd, Corinda 3379 2000 - Open 8am til late 7 Days

have always generously supported us and their local businesses. Its green leafy tree lined streets are second to none, and the suburb also boasts a diverse

Shae Mentink

Excellence in Property Management Number 1 Property Manager within the entire Place Group For the best property management service, call Shae today!

Shae Mentink 0421 130 211 shaementink@eplace.com.au


Welcome to a fresh new experience in home purchasing! At Time Home Loans the experience only just begins when you sign your contract. Time Home Loans can assist you with the following services: Conveyancing@Time

Investment@Time

Insurance@Time

Connect@Time

Your Solicitor - Our cost

Free Depreciation Schedule

From the moment you exchange contracts, you may have an interest in protecting your new property. Time Home Loans and Allianz Insurance have partnered to offer free cover* up to settlement or as long as 90 days.

At Connect@Time your move has just got easier. Powered by Australia’s leading utilities connection provider, Direct Connect, we can arrange swift connections or disconnections for:

We will pay towards your professional costs using your solicitor of choice when you do your home loan application through Time Home Loans. For example: Loan up to $500,000 and we will pay $500 (inclusive of GST) towards your conveyancing fees.

or

Time Home Loans has partnered with Deppro to assist our investment clients with a free depreciation schedule when you do your home loan application through Time Home Loans. We have negotiated a market leading price of $495 (metro) and $599.50 (regional) for our clients.

Electricity - Gas - Water Phone & Internet - Pay TV Cleaning Services - Insurance Removalists - Truck Hire.

Love your home. love your loan.

www.timehomeloans.com

To hear more about Time Home Loans services, please contact Matt Franklin on 0405 239 175 or info@timehl.net.au Copyright 2013 Time Home Loans. Australian Credit Licence: 433589. * Free cover applies only to new policies signed through Allianz. 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 is available on www.timehomeloans.com and 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.



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