12th Edition, AUGUST 2015
MARKET REPORT
· Woody Point · Clontarf · Margate · Redcliffe · Scarborough · · Newport · Kippa-Ring · Rothwell ·
Welcome to the LATEST edition of your market report on property in Woody Point · Clontarf · Margate · Redcliffe · Scarborough · Newport · Kippa-Ring · Rothwell Hello and welcome to the latest market report for property on the peninsula. As a real estate agent you are expected to know what is happening in the market place. What homes are selling? How is all the talk about Melbourne and Sydney markets impacting Brisbane? Are overseas buyers and investors snapping up all the good homes? How much will house prices go up this year? So, it would probably come as no surprise that I spend a fair amount of time answering
them, talking about real estate, effectively covering off on these very questions and in some cases concerns. Part of the reason I continue to put out this market report is that instead of sharing some of the opinion and conjecture, of subscribing to some of the hype that is out there, I would prefer to simply share some facts, the truth of the situation.
Fact - Annual capital growth rates in Brisbane typically hover in the 3-4% range which is confirmed by the Ten Year capital growth rate in Brisbane being 3.7% for houses, 3.4% for units or 3.6% combined.
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But in deciding to move there is always a lot to consider and a specific chat about your home, your situation is a good idea - so call me, anytime - I’m here to help.
Damien Misso Stable and consistent. If nothing Professionals Woody Point else, our market is less dominated 54 Oxley Avenue, Woody Point by speculation than some others, 07 3283 2277 especially those down south. www.weloveredcliffe.com.au The conversations we are having damien@weloveredcliffe.com.au indicate that for the significant www.iloveredcliffe.com.au majority, people buy and sell www.facebook.com/redcliffe365 Fact - The Peninsula’s and because they want or need to Brisbane’s level of capital growth move. In this area, and Clontarf is remains one of the most stable and a good example, the majority of all most consistent across Australia. homes are owner occupied.
Recent residential property SALES activity Woody Point
Clontarf
Margate
Redcliffe
Scarborough
Newport
Kippa-Ring
Rothwell
How many properties SOLD during the quarter?
17
23
27
39
31
5
33
21
How many properties are CURRENTLY for sale?
93
140
95
173
152
55
75
53
What was the MEDIAN price paid during the quarter?
$350,000
$392,000
$385,000
$360,000
$412,500
$692,500
$382,000
$385,000
What was the higest SOLD price during the quarter
$576,000
$610,000
$835,000
$790,000
$730,000
$985,000
$480,000
$435,000
What was the lowest SOLD price during the quarter?
$173,500
$165,000
$137,000
$100,000
$162,500
$380,000
$156,000
$170,000
What was the VALUE of all SALES during the quarter?
$6.08Million
$9.41Million
$11.11Million
$14.8Million
$13.7Million
$3.44Million
$12Million
$7.62Million
Which Street saw the MOST sales during the quarter?
Caroline Street
Elizabeth Avenue
Ernest Street
Sydney Street
Landsborough Avenue
Griffith Road
Amersham Street
Kelliher Street
a quick demographic SNAPSHOT of Woody Clontarf Home ownership levels are split pretty much 50/50 in Clontarf with approximately 62% of all dwellings owned outright or owned with a mortgage. The balance of the marketplace is rented. The majority of homes are of a good size with just over 70% having 3 or more bedrooms.
The average number of people per household in Clontarf is 2.4 and the average number of children per family is 1.7. There are more female (50.3%) residents than males living in the area and the predominant age group is 40-49 years old with a little over 15% of the total local population.
Most residents of the suburb were born in Australia (76%) with New Zealand and England coming in at number 2 & 3 respectively. The median weekly income per household is $968 and $1,267 for family households and the overwhelming majority of us drive, or are driven, to work (71%).
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 January, February and March 2015 and some properties have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Professionals Woody Point by datachurp
Some recent residential property SALES activity We Love
Woody Point
2/32 Caroline Street $255,000 72m2 2 1 1
We Love
Woody Point
1/34 Caroline Street $273,000 87m2 2 1 1
We Love
Woody Point
35 King Street $350,000 510m2 3 1
1
We Love
Woody Point
17 Short Street $368,000 584m2 2 1 1
We Love
Woody Point
We Love
Woody Point
We Love
Woody Point
We Love
Clontarf
We Love
Clontarf
We Love
Clontarf
We Love
Clontarf
We Love
Clontarf
34 Collins Street $420,000 632m2 4 1 1
14/1 Gerald Avenue $280,000 121m2 3 2 1
We Love
Clontarf
20 Yacht Street $540,000 850m2 4 2 2
We Love
Margate
24 Cutts Street $430,000 810m2 3 1
We Love
1
Margate
4 Mcculloch Avenue $835,000 812m2 11 5 -
We Love
Redcliffe
11 Crawford Street $411,000 607m2 4 2 3
70 Oxley Avenue $510,000 518m2 2 2 2
3 Pamrick Crescent $387,500 615m2 3 2 1
We Love
Clontarf
179 King Street $610,000 1250m2 3 2 6
4 Clifford Street $576,000 797m2 4 2 1
1 Weaber Street $392,000 582m2 4 2 1
We Love
Margate
7/47 Ernest Street $265,000 456m2 2 1 1
10/102 Hornibrook Esp $275,000 548m2 2 1 1
12 Duke Street $401,000 574m2 3 1
We Love
2
Margate
3/20 Tramore Street $265,000
2
1
1
We Love
Margate
We Love
Margate
We Love
Margate
We Love
Redcliffe
We Love
Redcliffe
We Love
Redcliffe
We Love
Redcliffe
5 Magnolia Street $440,000 630m2 4 1 6
24 Oconnell Street $100,000 607m2 4 1 1
We Love
Redcliffe
22 Klingner Road $630,000 405m2 4 2 2
6 Mcculloch Avenue $450,000 405m2 3 2 1
21 Davis Street $135,000 673m2 3 1
We Love
1
Redcliffe
20 Sands Street $790,000 907m2 4 2 4
16 Ernest Street $795,000 506m2 3 1 1
1008/99 Marine Parade $410,000 82m2 1 1 1
12/36 Prince Edward Pde $790,000 230m2 3 2 2
There is a lot to LOVE about CLONTARF! Located on the south-west tip of the Redcliffe Peninsula bordered by Hays Inlet to the west, Hays Inlet Conservation Park to the north and Bramble Bay to the south is the very family friendly suburb of Clontarf. Laying claim to two of the closest beaches to Brisbane city, Clontarf Beach and Bells Beach, the peninsula’s southern most suburb makes for the perfect escape from the city for a great family day trip, picnic or BBQ and is an even better place to call home.
With an abundance of parks to choose from you’ll never want for a relaxing vantage point to watch the sun rise or set and with Pelican Park known for its perfect kite flying conditions, and host to many a kite event and even a festival, there is always plenty to see and do! Clontarf is also home to the Redcliffe Golf Club and picturesque 18 hole golf course. Once you’re done with the walking, biking, golfing or kite flying there are plenty of places to relax and unwind. Picnic facilities
are abundant and there is a delicious collection of local eateries, cafes and places to dine and don’t overlook an afternoon serve of fresh fish and chips on the beach, a must have experience for any family, local or visiting.
three schools to choose from: Clontarf Beach State School Primary; Clontarf Beach State High School; and the Grace Lutheran Primary School.
Thanks to great infrastructure and the soon to be opened rail link, Local shopping is great with Clontarf is easily accessed from everything from everyday shopping the centre of Brisbane and is fast through to an assortment of becoming the place to invest, to specialty shops/boutiques right at buy a convenient weekender or to your very doorstep. secure the perfect family home. Giving our kids the upper hand with their education, Clontarf has
Some recent residential property SALES activity We Love
Scarborough
We Love
Scarborough
We Love
Scarborough
We Love
Scarborough
We Love
Scarborough
We Love
Scarborough
We Love
Scarborough
We Love
Scarborough
We Love
Newport
We Love
Newport
We Love
Newport
We Love
Newport
11/2A Moffatt Street $202,000 42m2 2 1 1
5/3 Rock Street $450,000 162m2 3 2 1
28/156 Griffith Road $380,000 166m2 2 2 2
We Love
Newport
9 Palmer Court $985,000 1002m2 4 3
We Love
2
Kippa-Ring
78 Kippa Street $385,000 655m2 4 2 2
4/592 Oxley Avenue $268,000 82m2 2 1 1
2/188 Mein Street $469,000 194m2 3 2 2
8 Newport Drive $520,000 646m2 4 2 2
We Love
Kippa-Ring
4/11 Trafalgar Drive $250,000 91m2 2 1 1
We Love
Kippa-Ring
2 Southwell Street $390,000 678m2 3 2 2
1/103 Turner Street $412,500 196m2 3 2 2
6 Buckley Road $695,000 809m2 3 1 4
13 Skandia Court $692,500 756m2 4 2 3
We Love
Kippa-Ring
32 Henzell Street $272,000 604m2 3 1 -
We Love
Kippa-Ring
21 Cheshire Street $480,000 677m2 3 2 2
1A Fourth Avenue $420,000 422m2 3 2 2
50 Oyster Point Esplanade $730,000 683m2 4 1 3
6 France Court $860,000 641m2 0 0
We Love
Kippa-Ring
17 Fleet Drive $385,000 435m2 4 2
We Love
0
2
Kippa-Ring
6 Tracey Street $480,000 562m2 3 2
2
We Love
Rothwell
We Love
Rothwell
We Love
Rothwell
We Love
Rothwell
We Love
Rothwell
We Love
Rothwell
We Love
Rothwell
We Love
Rothwell
20 Kelliher Street $280,000 552m2 3 1 1
28 Waterlilly Court $393,000 405m2 4 2 2
10 Mckillop Street $330,000 654m2 4 2 1
8 Fleur Street $395,000 630m2 4 2
2
58 Mcgahey Street $385,000 555m2 4 2 2
12 Banksia Court $426,000 662m2 4 2 2
8 Cowper Court $392,000 530m2 4 2 2
3 Dysart Street $435,000 540m2 5 2
2
standing out from the CROWD
“
Damien was very easy to work with. The thing I liked most was that he listened to us about what we wanted to do and we agreed on a strategy. Damien is a very genuine person and I would recommend his services to anyone who was looking for an Agent to sell their home. Chris, Seller
For over 50 years The Professionals Woody Point have been dedicated to helping Peninsula owners make rewarding property decisions. I am proud of what we have achieved and even prouder to consider ourselves part of this wonderful community. “Damien was great to deal with, always willing to help and answer any query. A credit to him for his professionalism,” remarked Terry who recently bought in Clontarf.
Service excellence is the cornerstone of the business and when you turn to Professionals Woody Point you will experience a level of care, a depth of local knowledge, experience and commitment second to none. LEARN MORE: 54 Oxley Avenue, Woody Point QLD 4019 07 3283 2277 www.weloveredcliffe.com.au damien@weloveredcliffe.com.au www.iloveredcliffe.com.au www.facebook.com/redcliffe365
97 Prince Edwared Parade SCARBOROUGH THE FACTS: · 28 Days on the market · SOLD at Auction · Sellers Expectation $550,000 · SOLD for $570,000
$2 S 1,0 OL 00 D F M OR OR E!
$2 S 0, OL 00 D 0 FO M R OR E!
SOLD FOR $20,000 MORE!
SOLD FOR $21,000 MORE! 32 King Street WOODY POINT THE FACTS: · 65 Days on the market · SOLD after Auction · Sellers Expectation $479,000 · SOLD for $500,000
WHAT would YOU do with an EXTRA $20,000?
CALL TODAY AND PROFIT FROM OUR KNOWLEDGE
07 3283 2277