Professionals woody point edition#14 DM by DataChurp

14th Edition, Autumn 2016

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 we start our climb towards the middle part of the year, it is interesting to see what changes have taken place in the property market. Across Australia’s capital cities, and when compared to the same time last year, house prices have continued to grow, albeit by smaller percentages than previously which suggests that we have returned to a more modest paced market or cycle.

Year on year, the area as a whole grew by approximately 4.5% and greater Brisbane remains one of Australia’s most stable and most consistent market places in terms of capital growth. It is also unlikely that as a whole Brisbane will see any significant swing or adjustment to this level throughout the remainder of 2016. There are a number of factors that have resulted in Brisbane’s resilient trend since 2012, namely; consistent population growth change with an average growth

rate of 2.2% per annum over the last ten years, there is generally less speculation based property investment and the market has consistently seen a level of supply – or homes – coming to the market. With some increasing enthusiasm coming from overseas investors the market as a whole looks set to continue a stable trajectory of growth. Supporting evidence, in the way of new data from the Foreign Investment Review Board, shows that investment from foreigners has almost tripled since

2012/13 with investment coming out of China now accounting for approximately 36% of all foreign lead investment in Australian real estate. To discuss your situation and the market, call me anytime. Damien Misso Professionals Woody Point 52 Oxley Avenue, Woody Point 07 3283 2277 www.weloveredcliffe.com.au damien@weloveredcliffe.com.au www.iloveredcliffe.com.au www.facebook.com/redcliffe365

Recent residential property SALES activity Woody Point

Clontarf

Margate

Redcliffe

Scarborough

Newport

Kippa-Ring

Rothwell

How many properties SOLD during the quarter?

How many properties are CURRENTLY for sale?

106

104

158

169

What was the MEDIAN price paid during the quarter?

$347,000

$402,500

$412,000

$362,500

$460,000

$950,000

$165,000

$372,500

What was the higest SOLD price during the quarter

$755,000

$592,000

$512,500

$750,000

$1.6 Million

$1.1 Million

$511,500

$497,000

What was the lowest SOLD price during the quarter?

$178,000

$160,000

$302,000

$190,000

$260,000

$805,000

$165,000

$287,000

What was the VALUE of all SALES during the quarter?

$10.1 Million

$12.7 Million $10.7 Million $16.7 Million $19.2 Million

$6.5 Million

$10.6 Million

$7.6 Million

Which Street saw the MOST sales during the quarter?

Woodcliffe Crescent

Skandia Court

Dalton Street

Lady Bowen Parade

Duffield Road

Marine Parade

Anderson Street

a quick demographic SNAPSHOT of Redcliffe Home ownership levels are split pretty much 50/50 in Redcliffe with approximately 58% 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 67% having 3 or more bedrooms.

The average number of people per household in Recliffe is 2.3 and the average number of children per family is 1.7. There are more female (51.6%) residents than males living in the area and the predominant age group is 55-64 years old with a little over 14% of the total local population.

Most residents of the suburb were born in Australia (72%) with England and New Zealand coming in at number 2 & 3 respectively. The median weekly income per household is $944 and $1,254 for family households and the overwhelming majority of us drive, or are driven, to work (69%).

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 2016 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 Woody Point

Woody Point

4/22 Lilla Street $245,000

4/5 Alfred Street $255,000

Woody Point

10 Arthur Street $500,000 720m2 3 1 0

Woody Point

67/36 Woodcliffe Crescent $730,000 185m2 3 2 2

Woody Point

Clontarf

41 Bailey Street $402,000 405m2 3 1 2 54/36 Woodcliffe Crescent $755,000 170m2 3 2 2

196 Hornibrook Esplanade $465,000 379m2 2 1 2 2/5 Hill Parade $210,000 69m2 2 1

Clontarf

Margate

63 Laura Street $280,000 511m2 2 1 1 10 Deborah Street $545,000 607m2 4 2 2 51 Cutts Street $417,000 313m2 3 2

4 Athena Street $405,000 541m2 3 2 2 83 Thomas Street $592,000 642m2 3 2 2 6/4-6 Duffield Road $420,000 120m2 3 2 1

187 Duffield Road $410,000 332m2 4 2 2 16 Chatham Street $330,000 539m2 3 1 1 11/1 Cowen Street $420,100 127m2 3 2 1

4/80 Hornibrook Esplanade $410,000 141m2 2 2 1 11 Keenan Street $350,000 405m2 3 1 1 80 Dover Road $510,000 810m2 3 1

Margate

Redcliffe

182 Macdonnell Road $512,500 910m2 5 2 3 28 Highland Street $408,000 744m2 3 1 1

5/414 Oxley Avenue $190,000 0m2 1 1 1 6/2 Louis Street $410,000 120m2 3 2 1

2/15 Mcnaughton Street $220,000 81m2 3 2 1 308/99 Marine Parade $682,000 162m2 3 2 2

40 Ashmole Road $403,000 469m2 3 1 2 21/41 Anzac Avenue $750,000 231m2 3 2 2

There is a lot to LOVE about REDCLIFFE! Queensland’s first European settlement and originally named Red Cliff Point, after the redcoloured cliffs visible from Moreton Bay, Redcliffe rests pretty much half-way between the Southern and Northern tips of the peninsula.

park’ to any of the popular spots like Settlement Cove Lagoon, the restaurant and café precinct along Redcliffe Parade, or Redcliffe Jetty.

walkways and beaches in Redcliffe. A visit to the Redcliffe Botanic Gardens on Trilby and Henzell Streets, the Paceway, Humpybong Park (which houses both the War There are plenty of places to eat Memorial Pool and Museum) and in Redcliffe, with tastes and styles Suttons Beach should be high on to suit any preference. Many locals your list of local things to see and Like most of the peninsula, may have in fact already tested do. Redcliffe is relaxed and inviting this assertion but you could quite and there is a strong sense of literally eat out every day for a In terms of schools, Redcliffe State community. Beautiful parks and month and not have to eat at the High School and Redcliffe Special public spaces make it a great place same café, bar or restaurant twice. School are centrally located on for families and on the weekend Klinger Road with Scarborough and we wish you the best of luck in Not quite as plentiful, but certainly Humpybong being the closest state securing that coveted ‘closest car- in abundance are the parks, primary schools.

A beautiful environment, a friendly community, a wonderful charm and long standing history makes Redcliffe an enviable place to live and a great place to call home. If you have thinking about making a move then give me a call to discuss what your options are.

Some recent residential property SALES activity Scarborough

Scarborough

Newport

2/137 Prince Edward Pde $260,000

201/4 Anderson Street $495,000 187m2 3 2 2 27 Aurora Place $830,000 709m2 4 2 2

23 Garnet Street $270,000 582m2 -

3 Second Avenue $1,495,000 405m2 5 3 3 8 Eva Court $920,000 800m2 4 2

13 Frank Street $460,000 794m2 3 2 3 111 Flinders Parade $1,600,000 405m2 4 4 3 8 Sceptre Court $950,000 899m2 4 2 2

4/3 Landsborough Avenue $485,000 136m2 3 2 1 16 Skandia Court $805,000 760m2 4 3 5 28 Courageous Court $950,000 693m2 3 2 2

Newport

Kippa-Ring

Rothwell

48 Intrepid Court $965,000 735m2 4 2 2 35 Kippa Street $340,000 625m2 3 2 2 5 Coventry Court $511,500 701m2 4 2 2 5 Oxford Street $370,000 600m2 3 1 4

17 Defender Street $1,100,000 800m2 5 3 3 19 Mcgregor Street $360,000 620m2 3 1 1 2/29 Lady Bowen Parade $287,000 118m2 3 1 1 4 Shangri-La Court $375,000 604m2 3 2 2

1/14-16 Regency Street $200,000 117m2 1 1 1 128 Hercules Road $372,500 597m2 3 1 1 2/25 Leichhardt Avenue $305,000 125m2 3 2 1 8 Lee Court $495,000 631m2 4 2

97/56 Miller Street $255,000 203m2 2 1 1 18 Cheshire Street $511,500 737m2 4 2 2 14 Oxford Street $369,000 601m2 3 1 1 19 Xanadu Crescent $497,000 704m2 4 2 2

standing out from the CROWD

“

Damien was up front and honest from the start. He gave us genuine feedback. He was clever to listen to us but to guide us in a more productive way to sell our house. we had a buyer from the first open home because we listened to his marketing strategy - we sold so it proves it works. Listen to the man, he knows what he’s talking about. He was easy to work with and informative at all times. Karen, 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. “I was impressed with Damien’s professional manner, his ability to clarify concerns and close the sale of a property in an excellent time frame” remarked Rosalie who recently sold 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: 52 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

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