Market Report Quarter 2 2024

Page 1


A WORLD AWAITS

BRISBANE MARKET REPORT

It is my pleasure to welcome you to the second edition of our Quarterly Market Report for 2024. In this report, you will find valuable information on the latest market trends and statistics, providing you with insight into the current state of the property market.

We understand that real estate is a significant investment, and our goal is to help you make informed decisions that will benefit you and your family for years to come.

We believe that communication is key to building strong relationships with our clients, and we are always here to answer any questions you may have. Whether you are a first-time buyer, a seasoned investor, or simply curious about the state of the property market in your area, we are here to help.

The team at Atlas Brisbane

BELMONT MARKET PERFORMANCE

Q2 2024

Belmont is known for its spacious residential properties, scenic natural reserves like Belmont Hills, and a tranquil suburban lifestyle.

HOUSES

AVERAGE SALE PRICE

PROPERTIES SOLD (12 MONTHS) $760 AVERAGE WEEKLY RENT 19.8% SUBURB GROWTH

$1.26M

43

UNITS

AVERAGE SALE PRICE

$650K

15 PROPERTIES SOLD (12 MONTHS) $600

AVERAGE WEEKLY RENT 20.4% SUBURB GROWTH

CANNON HILL MARKET

Q2 2024

Cannon Hill is cherished for its convenient location, bustling shopping precincts, and beautiful parks, making it a sought-after suburb.

TOP SALES

3 TEMORA STREET CANNON HILL

$2,005,000

5 Bed, 3 Bath, 2 Car, 968sqm

175 WINSTANLEY STREET

$1,020,000

3 Bed, 1 Bath, 1 Car, 658sqm

$1,370,000

4 Bed, 3 Bath, 2 Car, 715sqm

8/92 BIRDWOOD ROAD CANNON HILL

$985,000

5 Bed, 3 Bath, 2 Car, 607sqm

HOUSES

AVERAGE SALE PRICE

PROPERTIES SOLD (12 MONTHS) $725 AVERAGE WEEKLY RENT 11.6% SUBURB GROWTH

$1.3M

97

UNITS

AVERAGE SALE PRICE

$592K

PROPERTIES SOLD (12 MONTHS) $620 AVERAGE WEEKLY RENT 12.6% SUBURB GROWTH

74

FINANCE IS MORE THAN TRANSACTIONS; IT’S ABOUT CRAFTING PERSONALISED SOLUTIONS AND SECURING OPTIMAL OUTCOMES.

JOE IEZZI FINANCE

At Atlas, we understand that navigating the world of mortgages can be overwhelming. Whether you’re a first time home buyer, refinancing, or investing in property, finding the right broker can make all the difference.

Scan the QR code above to book your free consultation with Joseph or email: brisbane.finance@atlas.com.au

CARINA MARKET PERFORMANCE

Q2 2024

Carina, a charming suburb, is beloved for its peaceful residential streets, vibrant local shops, and close-knit community vibe.

TOP SALES

$1,700,000

5 Bed, 2 Bath, 1 Car, 981sqm

$1,400,000

3 Bed, 1 Bath, 2 Car, 605sqm

$1,410,000 4 Bed, 2 Bath, 2 Car, 809sqm

$1,400,000 4 Bed, 3 Bath, 1 Car, 584sqm

AVERAGE SALE PRICE

PROPERTIES SOLD (12 MONTHS) $680 AVERAGE WEEKLY RENT 4.8% SUBURB GROWTH UNITS

$1.03M

121

AVERAGE SALE PRICE

$726K

PROPERTIES SOLD (12 MONTHS) $660

158

AVERAGE WEEKLY RENT 3.8% SUBURB GROWTH

CARINDALE MARKET PERFORMANCE

Q2 2024

Carindale is prized for its upscale shopping experience at Westfield, serene parklands, and a plethora of dining options.

TOP SALES

ASHBOURNE

$2,380,000

Bed, 3 Bath, 3 Car, 750sqm

$2,250,000 5 Bed, 5 Bath, 2 Car, 568sqm

$2,060,000

Bed, 3 Bath, 2 Car, 803sqm

BIRKENHEAD PLACE CARINDALE

HOUSES

AVERAGE SALE PRICE

PROPERTIES SOLD (12 MONTHS) $825 AVERAGE WEEKLY RENT 11.4% SUBURB GROWTH

$1.5M

186

UNITS

AVERAGE SALE PRICE

$815K

23 PROPERTIES SOLD (12 MONTHS) $700

AVERAGE WEEKLY RENT 24.9% SUBURB GROWTH

DISCOVER YOUR PROPERTY’S RENTAL POTENTIAL

Atlas Brisbane is dedicated to maximising yields for landlords, orchestrating minimal vacancy periods, curating tenancy agreements with the utmost quality, and fostering seamless communication through the adept expertise of our property management team.

Scan the QR code above to book your free property health check with Cliff or email: brisbane.pm@atlas.com.au

MURARRIE MARKET PERFORMANCE

Q2 2024

Murarrie is appreciated for its industrial and residential blend, with its proximity to the Brisbane River, parklands, and the vibrant lifestyle hub of Oxford Street in nearby Bulimba.

TOP SALES

$1,450,000

5 Bed, 3 Bath, 1 Car, 405sqm

$1,260,000

3 Bed, 2 Bath, 3 Car, 598sqm

$1,400,000

4 Bed, 2 Bath, 2 Car, 405sqm

$1,200,000

3 Bed, 1 Bath, 2 Car, 647sqm

WAREELA STREET
GARRETT STREET
WOODANGA STREET

HOUSES

AVERAGE SALE PRICE

$1M

PROPERTIES SOLD (12 MONTHS)

51

$650 AVERAGE WEEKLY RENT 0% SUBURB GROWTH

UNITS

AVERAGE SALE PRICE

$806K

84 PROPERTIES SOLD (12 MONTHS) $650 AVERAGE WEEKLY RENT -0.7%

SUBURB GROWTH

TINGALPA MARKET PERFORMANCE

Q2 2024

Tingalpa is appreciated for its blend of residential comfort, convenient access to the Gateway Motorway, and proximity to natural attractions like Minnippi Parklands, offering residents a balanced suburban lifestyle.

TOP SALES

$1,235,000 4 Bed, 2 Bath, 0 Car, 681sqm

$1,165,000

3 Bed, 2 Bath, 3 Car, 607sqm

$1,200,000 4 Bed, 2 Bath, 2 Car, 400sqm

$1,120,000 3 Bed, 2 Bath, 2 Car, 612sqm

AVERAGE SALE PRICE

PROPERTIES SOLD (12 MONTHS) $675 AVERAGE WEEKLY RENT 8.2% SUBURB GROWTH

$904K

94

UNITS

AVERAGE SALE PRICE

$620K

58 PROPERTIES SOLD (12 MONTHS) $480 AVERAGE WEEKLY RENT 4.2% SUBURB GROWTH

PREPARING FOR YOUR SALE

GREAT FIRST IMPRESSIONS

Stand well back from your house and take a good look – if the garden needs a tidy up, the trim needs repainting or the front gate has seen better days, now is the time to get those jobs done.

IMAGINE LIVING THERE

Personal items and family photographs give would-be buyers a good sense of who lives in the house but it makes it harder for them to see themselves in the space. Remove children’s artwork and pack away personal bathroom items.

CLEAR AWAY CLUTTER

Unless it beautifies or serves a functional purpose, remove it. Your aim is to show off the space, so avoid too much furniture in a room or things that distract rather than enhance.

MAKE IT SPARKLING CLEAN

Buyers instantly pick up on cooking and pet smells, dusty shelves and bathrooms that are less than fresh when they visit a property so do whatever it takes to clean your house thoroughly inside and out.

STYLE FOR SUCCESS

Atlas can arrange a professional stylist for you, but if you’re taking on this task yourself take inspiration from magazines and online resources such as Houzz or Pinterest to make your house look its

THE CONFIDENCE TO TAKE THE NEXT STEP IN YOUR PROPERTY JOURNEY WITH A FREE APPRAISAL

SCAN BELOW FOR YOUR INSTANT PROPERTY

APPRAISAL

Find out how much your property is worth with an Atlas property report.

ATLAS.COM.AU

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.