Your place in the market. Spring Edition ‘17 Property Market Update I Phil Burley
The current market. As winter draws to a close and spring is almost upon us, it is once again time to stroll out into the sunshine and enjoy the amazing outdoors available to us in the inner north-eastern suburbs of Brisbane. With its combination of village charm and contemporary elegance, who would not want to live in this beautiful part of Brisbane. Not only do these suburbs provide a sprawling pocket of paradise, but the inner north-eastern section of Brisbane is continuing on its trajectory of consistent annual median house price growth. Camp Hill is doing extraordinarily well with the median house price growth for the last 5 years positioned at 46.1 percent. Not far behind is Norman Park at 43.3 percent, Cannon Hill at 40.8 percent, Morningside at 40.1 percent and Seven Hills at 39.8 percent. Very decent growth indeed, that is certainly comforting for homeowners and investors alike. From the blissful parks and green spaces, to the trendy local cafĂŠ and dining scene. I love nothing more than to assist the wonderful people of Morningside, Cannon Hill, Camp Hill, Norman Park, Seven Hills and surrounding suburbs to purchase their prize home, or realise their investment dreams. Welcome to my latest residential property report for the inner north-east.
Phil Burley 0432 349 077 philburley@eplace.com.au
Morningside HIGHEST SALE PRICE
$1.200m
$310,000
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
46 days
53 properties
Top 25 sales Address
Bed
Bath
Car
Land Size
Sold Date
Sale Price
2
1
90 Belgrave Street
4
3
2
405m
Jun-17
$1,200,000
2
8 Baringa Street
4
3
2
640m2
Aug-17
$1,092,000
3
149 Molloy Road
5
3
2
2
405m
Jun-17
$1,033,000
4
34 Baringa Street
5
2
3
852m2
Jun-17
$960,000
5
13 York Street
4
2
1
2
506m
Jun-17
$920,000
6
23 Simpson Street
4
3
2
403m2
Aug-17
$900,800
7
59 Elwell Street
3
2
2
2
647m
Jun-17
$818,000
8
3 Nordenfeldt Road
4
3
2
353m2
Jun-17
$805,000
2
9
46 Burrai Street
4
3
2
225m
Jun-17
$720,000
10
11 Pashen Street
2
1
1
445m2
Jun-17
$695,000
11
13 Grenville Street
2
1
2
810m
Jun-17
$675,000
12
2/20 Bundara Street
3
2
2
231m2
Jul-17
$650,000
13
12 Julian Street
4
1
2
688m
Jun-17
$641,000
14
185 Thynne Road Road
3
1
1
2
718m
Jun-17
$630,000
15
19 Bartlett Street
2
2
1
154m2
Jun-17
$620,000
16
1/19 Worden Street
3
2
2
2
160m
Jun-17
$590,000
17
24 Mornington Crescent
3
1
1
405m2
Jun-17
$559,000
18
140 Baringa Street
3
2
2
24223m
Aug-17
$550,000
19
10/140 Baringa Street
3
2
2
171m2
Jun-17
$547,000
20
27 Deviney Street
3
2
1
2
2526m
Aug-17
$515,000
21
24 Ernest Street
2
2
1
2534m2
Jun-17
$500,000
22
305/24 Ernest Street
2
2
1
142m
Jun-17
$500,000
23
12/40 Redfern Street
2
2
1
90m2
Jun-17
$469,000
24
10 Gary Street
2
2
1
94m
Jun-17
$460,000
25
16/62 Richmond Road
2
2
1
82m
Jul-17
$412,000
2
2
2
2
2 2
Cannon Hill HIGHEST SALE PRICE
$950,000
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
$435,000
90 days
50 properties
Recent sales Address
Bed
Bath
Car
Land Size
Sold Date
Sale Price
2
1
66 Shrapnel Road
4
2
2
405m
Jun-17
$950,000
2
77 Nordenfeldt Road
3
2
2
405m2
Jun-17
$782,000
3
Lot 52 Mckie Crescent
–
–
–
700m
Aug-17
$780,000
4
Lot 119 Harris Close
–
–
–
604m2
Jul-17
$725,000
5
53 Ludwick Street
3
1
2
2
551m
Jun-17
$700,000
6
Lot 55 Mckie Crescent
–
–
–
662m2
Aug-17
$691,000
7
Lot 25 Munce Place
–
–
–
2
701m
Jul-17
$690,000
8
16 Munce Place
3
2
2
810m2
Jul-17
$690,000
2
2
9
80 Erica Street
3
1
1
421m
Jun-17
$635,000
10
Marsh Street
3
1
1
000m2
Jun-17
$599,121
11
22 Wattle Street
3
2
1
2
405m
Jun-17
$558,800
12
28 Stanton Street
2
1
–
810m2
Jun-17
$530,000
13
32 Dorothea Street
3
1
2
412m
Jun-17
$516,000
14
78/1914 Creek Road
2
2
1
120m
Jul-17
$435,000
2 2
Camp Hill “Phil has sold over 10 homes for me and it is critical from my point of view I have an agent who can maximize every single dollar from every deal. Phil has done this on a regular basis in all markets. His negotiation skills are first class.”
H Bridle
Camp Hill HIGHEST SALE PRICE
$1.777m
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
$320,000
45 days
53 properties
Top 25 sales Address
Bed
Bath
Car
Land Size
Sold Date
Sale Price
2
1
73 Carranya Street
5
3
2
498m
Jun-17
$1,777,000
2
51 Martha Street
5
3
3
405m2
Jun-17
$1,625,000
3
37 Lloyd Street
5
3
2
405m
Jun-17
$1,530,000
4
64 Waverley Road
4
3
2
405m2
Jul-17
$1,400,000
5
51 Perth Street
3
1
1
986m
Jul-17
$1,355,000
6
63 City View Road
5
5
2
425m2
Jun-17
$1,325,000
7
30 Brisbane Avenue
3
1
1
2
810m
Jun-17
$1,310,000
8
39 Lloyd Street
4
3
2
405m2
Jun-17
$1,300,000
2
2
2
9
48 Tarana Street
5
3
2
594m
Aug-17
$1,170,000
10
24 Nellie Street
4
2
2
506m2
Jun-17
$1,120,000
11
105 Albert Street
3
1
2
2
885m
Jun-17
$1,050,000
12
19 Albert Street
5
2
2
458m2
Jun-17
$1,050,000
13
146 Watson Street
4
2
1
541m
Aug-17
$1,035,000
14
47 Pinecroft Street
3
1
2
810m
Jul-17
$992,000
15
57 Ferguson Road
4
2
2
600m2
Jun-17
$970,000
16
40 Waverley Road
3
1
1
810m
Jun-17
$960,000
17
41 Durimbil Street
5
3
2
405m2
Jul-17
$938,500
18
51 Stephen Street
5
2
2
2
405m
Jul-17
$933,000
19
47 Pinecroft Street
3
1
2
810m2
Jul-17
$922,000
20
31 Fryar Street
3
1
2
615m
Jul-17
$860,000
21
143 Oateson Skyline Drive
–
–
–
401.5m2
Jun-17
$850,000
22
46 Renton Street
4
3
2
2
784m
Jun-17
$850,000
23
106 Waverley Road
3
2
2
607m2
Jun-17
$800,000
24
30 Burn Street
3
2
2
405m
Jul-17
$777,500
25
26 Pampling Street
4
1
1
506m
Jun-17
$766,500
2 2
2
2
2 2
Camp Hill “Many thanks for all your help in the sale of our property. We went with you on a recommendation and we felt that we always received excellent service from you all and achieved a great result. Phil’s communication after each open house was timely and honest and we felt that our property was being very well represented. These things are never an easy experience, however I felt that we were very supported with well-placed advice from the team. Thank you for all your help.” J & K Williams
Seven Hills “Great service & great result. Phil’s attention to detail and service offering was first class. I would happily recommend Phil to family & friends.” B Porter
Seven Hills “I found Phil to be very honest and upfront. Phil had great communication throughout our process and was always available when we needed.” D Butcher
Norman Park HIGHEST SALE PRICE
$1.495m
LOWEST SALE PRICE
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
$496,000
51 days
53 properties
Top 10 sales Bed
Bath
Car
Land Size
Sold Date
Sale Price
1
Address 60 Power Street
5
3
2
405m2
Jul-17
$1,495,000
2
30 Elliot Street
5
2
2
405m2
Jul-17
$960,000
3
74 Macrossan Ave Avenue
4
2
2
2
405m
Jun-17
$855,000
4
24 Waite Street
3
2
3
607m2
Jun-17
$788,500
5
11 Adina Street
3
1
2
2
607m
Jun-17
$736,100
6
136 Norman Avenue
3
1
2
405m2
Aug-17
$720,000
7
23 Tennyson Street
–
–
–
2
405m
Jun-17
$703,000
8
107 Norman Crescent
3
2
2
308m2
Jun-17
$690,500
9
312 Wynnum Road
3
1
1
405m
Jun-17
$625,000
10
174 Macrossan Avenue
3
1
1
607m2
Jul-17
$585,000
2
Seven Hills HIGHEST SALE PRICE
$1.050m
LOWEST SALE PRICE
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
$412,000
41 days
16 properties
Recent sales Address
Bed
Bath
Car
Land Size
Sold Date
Sale Price
1
223 Ferguson Road
5
3
2
718m
Jul-17
$1,050,000
2
110 Clearview Terrace
4
2
2
322m2
Jun-17
$980,000
3
20 Aventine Street
4
3
2
802m
Jun-17
$950,000
4
20 Phalerum Avenue
2
1
–
2
744m
Jun-17
$680,000
5
57 Porteus Drive
2
1
1
921m2
Jun-17
$590,000
6
206 Darcy Road
3
2
2
210m
Jul-17
$499,999
7
35/112 Foxton Street
3
1
1
181m2
Jun-17
$412,000
2
2
2
Sell your home for a premium price with Phil.
SOLD $665,000
SOLD $915,000
SOLD $1,335,000
SOLD $360,000
SOLD $997,200
SOLD$722,500
Phill Burley 0432 349 077 philburley@eplace.com.au
About this marketplace 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 sales which include both confirmed settled and some yet to be confirmed settled transactions reported from June to August 2017. Some properties may have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Phil Burley and Place Bulimba by datachurp.