Belbowrie and Moggill, it’s my kind of place.
Spring 2016 Property Report by Zac Ryan
Hello and welcome to the Spring edition of my Property Report. It is hard to believe it but we are two thirds of the way through the year
Hello.
and Spring is quite literally in the air. It is a very nesting time of year, which is probably why Spring is typically our busiest selling season in real estate. While demand remains strong there are more homes on the market. If you would like to chat about your situation or if you would just like to get an indication as to what your property is worth in the current market feel free to call me anytime, you might be quite surprised.
Zac Ryan 0439 412 837 zac@eplace.com.au 3379 4311
What makes it so special? A recent survey of some 300 plus buyers delivered some interesting insights into how we go about buying our homes. Not surprisingly, fifty-nine per cent of the respondents said that they initially fell in love with a home purely based on its location. For those who responded in favour of location, fourty per cent wanted easy access to transport options and infrastructure, twenty-nine per cent wanted convenient access to shopping and local amenities and sixteen per cent fell in love with the location because it meant living close to family and friends. Location is a key factor in the decision making process when buying a home. What’s on offer here in Bellbowrie and Moggill is on par, if not better, than many Brisbane suburbs. The challenge remains in attracting out of area buyers. In some cases buyers have no idea we even exist, or know where we are. Which is why our Place marketing initiatives focus on attracting interest from all over the city, interestate and overseas. Our goal is to introduce these “new” buyers to what it is that makes this place so special – the friendly neighbours, the great amenities and so much more. There is a lot to love about living here, we just need to tell more people about it!
Palate awakening, artfully plated. Just in case you missed it, over the past few
local dining establishment that you simply must
years there has been an awakening of sorts in the
visit – and soon.
Brisbane dining scene. With a menu that takes advantage of fresh, An emergence of stylish eateries putting up plates
seasonal and local produce be sure to get in
that are on par with the world’s best. Fortunately,
early and where necessary (dinner) book as early
this wave of culinary excitement has extended
as possible.
far into the suburbs with the arrival of Hawkes & Crosby, Anstead better be prepared for the
To check what’s on the menu you will find them
onslaught of foodies travelling from the other side
on facebook, visiting hawkesandcrosby.com.au or
of town.
simply take a quick drive out to 1/540 Mt Crosby Road Anstead; I am certain you’ll love it.
Awakening the palate for breakfast, lunch and dinner, Hawkes & Crosby is located on the corner of Hawkesbury and Mt Crosby roads at Anstead. High quality eating in a pleasant setting, this is one
Bellbowrie HIGHEST SALE PRICE
$850,000
$200,000
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
82 days
57 properties
Recent sales Street Address
Bed
Bath
Car
Land Size
Sale Date
Sale Price
1
10 Riversleigh Road
6
4
2
10000
Jun-16
$850,000
2
127 Gibson Crescent
4
2
2
1250
Apr-16
$800,000
3
4 Pioneer Crescent
4
3
3
2570
Apr-16
$740,000
4
6 Westaway Crescent
3
2
2
1550
May-16
$695,000
5
96 Pioneer Crescent
4
2
2
1674
May-16
$675,000
6
25 Wattlebrush Close
4
3
2
2140
Jun-16
$600,000
7
26 Yaggera Place
4
2
2
1037
May-16
$572,500
8
87 Pioneer Crescent
4
2
2
847
May-16
$560,000
9
21 Banyan Street
4
2
2
1012
Apr-16
$560,000
10
23 Limosa Street
4
2
2
1012
Apr-16
$525,000
11
25 Pinkwood Street
3
2
2
1019
May-16
$520,000
12
28 Pinkwood Street
4
2
2
1012
Apr-16
$505,000
13
5 Pulas Place
4
2
4
1066
May-16
$500,000
14
18 Kanooka Street
3
1
2
1626
Apr-16
$495,000
15
41 Ghost Gum Street
3
1
2
476
Jun-16
$425,000
16
85 Lagoon Crescent
4
2
2
815
Apr-16
$405,000
17
6 Cornuta Close
3
1
1
452
May-16
$340,000
18
34 Birkin Road
3
2
2
1133
Apr-16
$200,000
Demographic insights Home ownership levels are very strong in Bellbowrie
40-49 year olds, accounting for approximately 17 per
with over 82 per cent of all dwellings owned outright
cent of the total local population. Most residents of the
or with a mortgage. The balance of the marketplace
suburb were born in Australia (66%) with England and
is in rentals. The majority of Bellbowrie homes have
South Africa coming in at number 2 & 3 respectively.
been designed for families with just under 70 per cent having four or more bedrooms.
The
median
weekly
income
per
household
is
$1,918 and $2,060 for family households. Despite
The average number of people per household is 3.1
access to a great network of buses, the majority of us
and the average number of children per family is two.
drive, or are driven to work (65%) and most homes
There are more female (51%) residents than males
(69%) have two or more cars!
living in the area and the predominant age group is
A year in review – 2015 HIGHEST SALE PRICE 2015
$1.65m
SOLD
LOWEST SALE PRICE 2015
$230,000
AVERAGE TIME ON THE MARKET 2015
84 days
NUMBER OF PROPERTIES SOLD 2015
114 properties
25 Wattlebrush Close, Bellbowrie “Zac has an excellent knowledge of the local market and is a very effective communicator. For someone so young he has a surprisingly high level of credibility and great communication skills. He was able to finalise a sale which was not a straightforward one by any means as it involved some rather convoluted requirements on the part of both seller and buyer. Zac was endlessly patient and cheerful through the myriad difficulties which arose in the course of the transaction and has my full admiration for his positive demeanour. I would happily use his services again and can highly recommend him to other sellers.” Devon & Christie
Moggill HIGHEST SALE PRICE
$4.292m
NUMBER OF PROPERTIES FOR SALE
AVERAGE TIME ON THE MARKET
LOWEST SALE PRICE
$235,000
86 days
65 properties
Recent sales Street Address
Bed
Bath
Car
Land Size
Sale Date
Sale Price
1
80 Witty Road
–
–
–
116100
Apr-16
$4,292,400
2
66 Witty Road
3
2
2
40000
Apr-16
$1,839,600
3
55 Stratford Street
8
4
3
33198
May-16
$1,170,000
4
19 Cedar Wood Close
5
2
2
1001
Jun-16
$750,000
5
42 Jarrah Street
4
2
2
920
May-16
$695,000
6
64 Joseph Avenue
4
2
2
720
May-16
$660,000
7
27 Springbrook Place
4
2
2
806
May-16
$660,000
8
82 Jarrah Street
4
2
2
1118
Apr-16
$615,000
9
11 Grange Place
4
2
2
700
Apr-16
$610,000
10
12 Jarrah Street
4
2
3
882
Apr-16
$600,000
11
7 Stacey Close
5
2
2
700
May-16
$580,000
12
59 Paperbark Circuit
4
2
4
881
Apr-16
$570,000
13
8 Harvard Street
4
2
2
1095
Apr-16
$560,000
14
15 Greenwood Close
4
2
2
705
Jun-16
$560,000
15
11 Lancewood Place
4
2
2
1014
Apr-16
$560,000
16
37 Crestwood Place
4
3
2
847
Apr-16
$560,000
17
20 Beaufort Crescent
4
2
3
779
May-16
$530,000
18
36 White Oak Place
4
2
2
723
Jun-16
$520,000
19
12 Vanwall Road
4
2
2
1983
Apr-16
$505,000
20
20 Zoe Place
4
2
2
700
Apr-16
$495,000
Demographic insights Home ownership levels are very strong in Moggill with
44 year olds, who account for approximately 20 per
over 78 per cent of all dwellings owned outright or
cent of the total local population. Interestingly, most
with a mortgage. The balance of the marketplace are
residents of the suburb were born in Australia (67%)
rentals. A majority of Moggill homes are designed with
with England and South Africa coming in at number 2
families in mind with just over 76 per cent having four
& 3 respectively.
or more bedrooms.
The median weekly income per household is $1,997
The average number of people per household is three
and $2,157 for family households. Despite access to
and the average number of children per family is two.
great a network of buses, the majority of us drive, or
There are more female (51%) residents than males
are driven to work (64%) and most homes (67%) have
living in the area and the predominant age group is 35-
two or more cars!
A year in review – 2015 HIGHEST SALE PRICE 2015
$1.80m
LOWEST SALE PRICE 2015
$230,000
AVERAGE TIME ON THE MARKET 2015
87 days
NUMBER OF PROPERTIES SOLD 2015
116 properties
SOLD
25 Duranta Street, Bellbowrie “Zac was great acting on behalf of the seller during my purchase of this house. He followed up regularly with all requests to and from both parties involved in the sale and made what is usually a painful and stressful process pretty easy.” Sam Croft
Why use Zac Ryan? Utilising all of the latest innovative and cutting edge marketing tools, I am able to reach each and every buyer in the market place, ensuring there is no money left on the table during the negotiations process. — Zac
Zac Ryan 0439 412 837 zac@eplace.com.au 07 3379 4311
About this marketplace report. In compiling this report the author has relied upon information supplied by a number of external sources including CoreLogic RPdata. 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 contracts during April, May and June 2016 and some properties have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Zac Ryan and Place by datachurp.