Mark Diamond | Tarragindi | FY21-22 Q2

TARRAGINDI

Q2 21/22 FINANCIAL YEAR

Mark Diamond

Enthusiastic Approachable Reliable

The last few months of 2021 delivered outstanding price growth across Brisbane as interstate buyers drove sales in search of lifestyle and affordability. Many wellknown sources shared statistics for Brisbane property growth in the year 2021 ranging anywhere from 24% up to as high as 40%. What I’ve found is that some streets in Tarragindi benefitted greater than others. Digging into the sales recorded in 2019 to present day, we have seen some house prices have double in value. They say that house prices double every 10 years, so to see that increase in such a small period just shows how crazy the year truly was.

All the attention now is focused on what lies ahead for the year 2022. The most common questions we get asked as real estate agents are “when is the best time to sell?” or “what do you predict will happen this year?”. What we’re seeing so far this year is stock levels remain very low, and buyer demand is just as strong as what it was in the last few months of 2021. These factors coupled with the still record low interest rates is fuelling some exciting sales results to kick start the year.

There is no question that the property market is hot right now, in my opinion it would take something catastrophic to see it slow down.

The New Year has spurred on a lot of conversations with people who are looking to either buy, sell or do both sometime this year. Most are wanting guidance around how to how best to time their sales or purchase, how to maximise their value and what strategies to use. What I’m finding as always is, it depends on your own personal circumstances and what’s important to you and your family.

If you are in the same boat and trying to navigate some property plans, I would love to help you through the process.

Best wishes for the year ahead, stay safe.

Mark Diamond Partner | Sales Agent 0432 334 767 mark.diamond@atlas.com.au

MEET THE TEAM Patrick Agnew Sales Associate

Bringing a fresh mind and new approach to real estate, Patrick Agnew is dedicated to client satisfaction. Setting himself high standards, he takes on any task with a proactive and keen nature that is instantly contagious. As a recent addition to Mark Diamond’s established and successful team, Patrick is more than equipped to navigate the fast paced atmosphere of sales.

Patrick believes real estate and technology go hand in hand. He places a strong emphasis on marketing, communication and the power of the internet to reach a wider network, target niche audiences and showcase every property in its most favourable light. He knows the importance of transparency and honesty, meaning his clients are consistently kept well informed and feel safe under his care throughout the entire sales process.

A detailed thinker with an entrepreneurial spirit, Patrick’s passion for property stems from a history in residential development, commercial sales and leasing. Patrick sees his youth as an advantage, channelling that energy and innovative mindset to ensure a smooth and seamless transaction every time.

0423 557 885 patrick.agnew@atlas.com.au

Jack Johnson Sales Associate

A compassionate professional who is driven by his desire to help others, Jack Johnson is a hard working sales agent who strives to always get the best results for his clients, while providing a positive experience. As a young, determined family man, it is his goal to always do right by others.

Jack believes that by prioritising his clients’ needs during the entire sales process, he is able to achieve results that make them happy and exceed their expectations. Having developed an interest for property from a young age, Jack naturally went on to start his own property portfolio, before starting his own career as a successful sales agent.

Testament to his caring and kind-hearted nature, when Jack’s not working in real estate, he continues to help others as a part time emergency nurse. It was his desire for a new challenge and the opportunity to be associated with a highly recognised brand and an incredible group of people that saw him join the Mark Diamond team.

0432 633 731 jack.johnson@atlas.com.au

TARRAGINDI SALES | Q2 FY21/22

Address

Bed Bath Car Sqm

Sold price

22 Pallaranda Street

5

3

3

607

$2,765,000

80 Monash Road

5

3

4

610

$2,710,000

29 Effingham Street

5

3

2

615

$2,480,000

24 Heathwhite Street

4

3

2

680

$2,350,000

86 Effingham Street

4

2

3

405

$2,150,000

50 Shaftesbury Street

2

1

1

810

$1,944,000

95 Lutzow Street

4

3

2

405

$1,875,000

35 Pope Street

5

4

4

1012

$1,710,000

115 Cracknell Road

5

3

3

400

$1,700,000

34 Bramston Street

4

3

2

402

$1,690,000

55 Denham Terrace

4

2

2

450

$1,650,000

12 Esther Street

4

2

2

450

$1,610,000

23 Strathfield Street

3

1

2

612

$1,571,000

86 Fingal Street

0

0

0

622

$1,530,000

23 Lutzow Street

4

2

2

607

$1,525,000

73 Tarragindi Road

3

2

1

728

$1,520,000

141 Laura Street

4

2

2

405

$1,486,000

102 Shaftesbury Street

3

1

1

607

$1,400,000

11 Connah Street

3

2

2

405

$1,381,000

8 Essie Street

2

1

1

716

$1,370,000

9 Barnehurst Street

3

2

2

822

$1,360,000

39 Chamberlain Street

3

1

1

607

$1,340,000

39 Amulree Street

3

1

2

607

$1,330,000

Address

Bed Bath Car Sqm

Sold price

43 Orford Street

4

2

2

303

$1,330,000

246 Toohey Road

3

1

2

1176

$1,302,000

11 Cranham Street

3

1

2

607

$1,300,000

36 Chamberlain Street

3

2

1

617

$1,300,000

7 Craigmont Street

3

2

2

630

$1,300,000

69 Esther Street

3

1

1

607

$1,250,000

49 Esther Street

3

2

1

405

$1,235,000

43 Lana Street

4

2

2

607

$1,225,000

12 Andrew Avenue

4

2

2

460

$1,205,000

147 Pozieres Road

3

2

2

670

$1,200,000

127 Fingal Street

4

1

1

637

$1,170,000

12 Turramurra Road

3

2

1

658

$1,120,000

53 Chamberlain Street

3

1

2

771

$1,100,000

31 Moorbell Street

3

1

1

607

$1,080,000

90 Chamberlain Street

3

1

3

604

$1,050,000

86 Chamberlain Street

3

1

1

604

$1,040,000

17 Playfair Street

3

2

3

739

$1,025,000

61 Weller Road

4

2

2

546

$972,000

39 Toohey Road

4

2

1

673

$875,000

13 Kogarah Street

3

1

2

546

$868,000

70 Pring Street

5

2

2

607

$800,000

61 Messines Ridge Road

3

1

2

721

Not Disclosed

MARK DIAMOND’S SALES

Powered by Core Logic

CASE STUDY

50 Shaftesbury Street Tarragindi Sold for $1,944,000 It is always an exciting time for buyers when a property like 50 Shaftesbury Street Tarragindi hits the open market. With only a handful of similar two lot property’s left in what can be recognised as one of Tarragindi’s most desirable pockets, this listing was bound to turn heads. Developers, builders and local interest created a bidding frenzy on the night of the auction, the outcome, an outstanding result and two happy parties; both buyers and sellers. With high demand for such property’s and with no real insight into when the next of its kind will hit the market, 50 Shaftesbury set a standard for similar houses/sites heading into 2022.

24

42

3728

27

Days on market

Buyers inspected

Online views

Registered bidders

CASE STUDY

11 Cranham Street Tarragindi Sold for $1,300,00 This result illustrates the mix of clever renovation and strong buyer demand for what would be considered an entry level home into Tarragindi. Much larger internally than most three bedroom homes within the area, this property appealed to a range of buyers. Owner occupiers, local investors and keen developers fought it out on the auction floor for what was an outstanding final sale price. The demand for these types of homes, in which appeal to such a large audience continues to grow and will only become further desirable going into Q1 of 2022.

22

57

3470

Days on market

Buyers inspected

Online views

TESTIMONIALS

Mark has been fantastic to deal with from the first conversation to the sale of my property. He has been a calming influence for my stress levels whilst selling. He knows the market, is a fabulous communicator and nothing is too much trouble. I would highly recommend him.

Vendor | Tarragindi House

Mark and his team did an excellent job of guiding us through our recent sale. Mark is respectful and thorough and got us a fantastic price for our home. We will definitely use Mark in the future.

Vendor | Tarragindi House

Mark and his team delivered an outstanding result in the recent sale of our house.

An intimate knowledge of the local area, with a thorough understanding of the best marketing techniques combined to make the sale a trauma free experience. Mark could be best be described as a full-service agent, once the strategy had been decided upon, he was able to put us in touch with the people and trades necessary to bring our home to market in the best possible condition and working within tight time frames.

Vendor | Tarragindi House

Mark and the dream team!! We were buyers looking to get into the Tarragindi market and we knew nobody else but Mark would get us the right property that ticked all our boxes.

His calm and down to earth personality, as well as his honest open communication between us and the sellers ensured that both parties got the best outcome. Mark and his team helped us secure an off-market property in this current climate. Whether buying or selling, he is the go-to guy, best in the business!! Thanks Mark.

Buyer | Tarragindi House

BNE BARACCA Recently refurbished and guided by new ownership, Baracca BNE provides a welcoming, family friendly space in the heart of Tarragindi for great coffee, breakfast and lunch.

Baracca’s kitchen offers an array of freshly prepared baked sweet treats, along with an expanded menu that offers an interesting out-of-the-ordinary selection of options to choose from.

Whether it’s simply for coffee and treats, or a table with friends and family for brunch or lunch, Baracca is the neighbourhood go-to place!

Trading hours: Weekdays 06:00-14:00 Weekends 07:00-14:00 For bookings please visit our website: www.bnebaracca.com.au

Mark Diamond 0432 334 767 mark.diamond@atlas.com.au DiamondRealEstateAtlas @markdiamondirish atlas.com.au Atlas by LJ Hooker