Camp Hill Market Report by Joanna Gianniotis

JOANNA GIANNIOTIS CAMP HILL MARKET REPORT

Is it time for a fresh start?

There’s a joyful atmosphere in the spring. As the days grow warm, we come out of hibernation and into the sunshine, refreshed and ready to enjoy everything our beautiful river city has to offer. Traditionally, Spring has been known as the season of renewal, in every sense of the word.

Gardens are rejuvenated with spring flowers, we refresh our homes with spring cleaning, and in the real estate business we see lots of action as people look to refresh their living situation. If your quest for a renewal is of grander proportions, like finding yourself a new home, then your timing is ideal. Give me a call today to disuss just how we can help you every step of the way to make your move this spring refreshing.

Joanna Gianniotis 0433 168 761 jg@eplace.com.au

Perhaps you’re ready for your own renewal.

Do you feel burdened by the size of your home? Is the cost and demand for maintenance becoming an issue – or do you simply feel like all that space is going to waste?

These are all signs that point to a need for change: perhaps it’s time to downsize? With the recent changes to superfund contributions for Australians aged 65 and over, right now there is a huge incentive to take that leap.

Here’s how it works: From 1 July 2018, Australians aged 65 years or over will be able to make non-concessional (after-tax) contributions into a super fund account (accumulation account), up to a maximum of $300,000; from the

proceeds of selling his or her home.

If a couple sells their home, they can contribute up to $300,000 each. The downsizing contributions will not count towards an individual’s annual nonconcessional contributions cap.

Add this to the increasing demand for older homes on large blocks of land and strong steady property values across Brisbane’s eastern suburbs, and you’ve got everything you need to move into the next stage of your life.

What are you waiting for? Give me a call today to discuss your unique situation and let’s start putting a plan together to help you make the best decision.

58 properties sold in Camp Hill 1 April to 30 June, 2018

HIGHEST SALE PRICE

LOWEST SALE PRICE

$1.805m $305,000 MEDIAN PRICE ACHIEVED FOR THE PERIOD

$847,107 NUMBER OF HOUSES SOLD

44

FIVE YEAR CHANGE IN MEDIAN PRICE

50.4% NUMBER OF UNITS SOLD

13

AVERAGE TIME ON MARKET

31 days STREET WITH THE HIGHEST AVERAGE SALE PRICE

Albert St. NUMBER OF BLOCKS OF LAND SOLD

1

Camp Hill recent sales Street

Number of Sales in the Street

Highest Sale Price

Lowest Sale Price

Akala Street

2

$1,350,000

$1,280,000

Albert Street

6

$1,120,000

$618,000

Boongall Road

1

$435,000

Brisbane Avenue

2

$1,805,000

Brown Street

1

$520,000

Bundah Street

1

$1,550,000

Camboor Street

1

$1,615,000

Carranya Street

2

$1,385,000

Cedlen Street

1

$980,000

Clara Street

1

$750,000

Cyril Street

2

$675,000

Donald Street

1

$1,280,000

East Street

1

$680,000

Ernest Street

1

$1,190,000

Grant Street

1

$765,000

Halland Terrace

1

$1,220,000

Herbert Street

1

$640,000

Indus Street

1

$680,001

Jade Street

1

$815,000

Leepers Lane

1

$1,000,000

Long Street

1

$882,000

Mantilla Street

1

$1,050,000

Margaret Street

1

$981,500

Melbourne Avenue

2

$1,105,000

Nellie Street

1

$800,000

Newman Avenue

1

$1,245,000

Noble Street

1

$970,000

Old Cleveland Road

1

$535,000

$925,000

$832,500

$305,000

$806,000

Camp Hill recent sales continued Street

Number of Sales in the Street

Highest Sale Price

Lowest Sale Price

Pampling Street

1

$650,000

Parooba Avemue

1

$1,040,000

Pavo Street

1

$880,000

Pinecroft Street

2

$1,050,000

Raven Street

1

$662,000

Renton Street

2

$640,000

$620,000

Samuel Street

2

$760,000

$615,000

Stephen Street

1

$1,385,000

Sydney Avenue

1

$817,250

Tarana Street

3

$855,000

The Promenade

1

$1,060,000

Thomas Street

1

$866,000

Tranters Avenue

1

$772,000

Warilda Street

1

$450,00

Watson Street

1

$338,000

$910,000

$460,000

We were really impressed with Joanna’s attentiveness and enthusiasm in selling our property. She continuously provided updates after each open Home and inspection, and kept us fully informed of all potential offers. Joanna is dedicated to the task given to her and strives to achieve the best possible sale price. We would definitely use Joanna again in the future and would highly recommend her services. James – Seller

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 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 April to June 2018. Furthermore, some properties may have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Joanna Gianniotis and Place Bulimba by datachurp.

Camp Hill Case Study: 16 Halland Terrace SOLD AT AUCTION FOR

$1.22m NUMBER OF DAYS ON THE MARKET

29 days

NUMBER OF INSPECTIONS

74 groups NUMBER OF SECOND INSPECTIONS

6

NUMBER OF REGISTERED BIDDERS

7

NUMBER OF BIDDERS WHO ACTUALLY BID

4

“An investment property for over 40 years and the magnitude of the decision to finally sell their home was clearly a big one. Early on, we were in a position to sell prior to our auction but having assisted and communicated with the owner for quite some time they trusted my advice and saw the benefits of maintaining a competitive environment in order to achieve the maximum price. My role is not only to sell, but to listen and explain the process until all decision makers are comfortable and understand.”

For additional information on the this case study or to find out how you could benefit from a similar result call today.

Joanna Gianniotis I 0433 168 761 I jg@eplace.com.au

s a h S g p n ru n g i r p S It’s time for a Spring clean!

- Does your house need washing?

- Can you see through your windows?

- It’s time to declutter - 3 piles, KEEP, DONATE & CHUCK! - Prune and mulch your Spring garden.

Let Ruth and her team help you prepare your house for Spring by presenting this voucher for 15% off any floor stock item*.

Simply present this market report and grab a great deal. * Sale excludes books Shop 2 / 308 Cavendish Road Cooparoo

Joanna Gianniotis 0433 168 761 jg@eplace.com.au