5034 Property Market Report - Adam Teague - Century 21 Central

CENTRAL

5034 presents

Property Market Report

1st JANUARY - 30th JUNE 2017

Welcome to our mid-year report of 2017. We take this opportunity to look back at what has certainly been a strong start to the year in our real estate market.

As an agency, we have been overwhelmed with the numbers of people that want to be put on our database and updated with any properties that are coming on the market. The properties most in demand are from buyers looking for homes located in Goodwood and surrounding suburbs. The same sentiment has been expressed at our open inspections, whilst being highly active, many of the buyers are expressing to us the frustration of lack of property in the market.

The combination of property shortage on the market and strong buying demand has resulted in some fantastic sales results and growth to the suburbs within the 5034 postcode. The highest sales result was in Avenue Street Millswood for over 3 million dollars.

Activity numbers of property being marketed are similar to last year with 58 houses sold thus far, in which 20 have gone to Auction. Since the start of 2017 Auctions have had a fantastic 80% clearance rate of properties sold at Auction or prior.

With over 45 units sold this year the median price point has been steady since the start of the year. Most popular have been single storey units in small groups.

We have seen an increase of owner occupiers purchasing rather than investors.

If you are considering making a move, take the chance to prepare your property: have a good clean out of not so treasured belongings, make attention grabbing alterations, and ensure everything is looking exquisite for open inspections and photo opportunities. We can help you organise this all with ease!

And if you are on the lookout for your dream home or would like to consider putting your property up for sale, please feel free to give me a call.

5034 STATISTICS MARKET WATCH

97

35

SOLD

FOR SALE

TALKING PRICES

HIGHEST / LOWEST PRICES

41%

HOUSE

$3,050,000

OF PROPERTIES SOLD WERE 3 BEDROOM HOMES

UNIT

$995,000 HOUSE

$495,000 UNIT

$165,000

2 Bed

3 Bed

4 Bed

5 Bed

MEDIAN SALE PRICE SUBURB

MEDIAN HOUSE PRICE

MEDIAN UNIT PRICE

Clarence Park

$675,000

$327,000

Goodwood

$756,500

$390,000

Kings Park

$1,060,000

N/A

Millswood

$1,170,000

N/A

$875,000

$425,000

Wayville

 CLARENCE PARK 3 AVONDALE STREET $ Sold Price $725,000

 CLARENCE PARK 402 CROSS ROAD $ Sold Price $495,000

1B 2 C Land 557m2 3A

1B 2 C Land 370m2 2A

 CLARENCE PARK 36 CHURCHILL AVENUE $ Sold Price $674,000

 CLARENCE PARK 2/412 CROSS ROAD $ Sold Price $520,000

2B 5 C Land 521m2 3A

2B 1 C Land 300m2 3A

 CLARENCE PARK 43 CHURCHILL AVENUE $ Sold Price $775,000

 CLARENCE PARK 6 CULLEY STREET $ Sold Price $731,000

2B 1 C Land 464m2 4A

2B 2 C Land 696m2 4A

 CLARENCE PARK 5/278 CROSS ROAD $ Sold Price $230,000

 CLARENCE PARK 59 EAST AVENUE $ Sold Price $675,000

1B 1 C Land 67m2 1A

1B 2 C Land 696m2 4A

 CLARENCE PARK 12/278 CROSS ROAD $ Sold Price $165,000

 CLARENCE PARK 6/81-83 EAST AVENUE $ Sold Price $392,000

1B 1 C Land 68m2 1A

1B 1 C Land 0m2 2A

 CLARENCE PARK 1/286 CROSS ROAD $ Sold Price $495,000

 CLARENCE PARK 1/49 FRANCIS STREET $ Sold Price $402,000

1B 2 C Land 229m2 3A

1B 1 C Land 157m2 2A

 CLARENCE PARK 300 CROSS ROAD $ Sold Price $550,000

 CLARENCE PARK 2/73 FRANCIS STREET $ Sold Price $520,000

1B 2 C Land 887m2 3A

1B 1 C Land 349m2 3A

SMARTER. BOLDER. FASTER.

 CLARENCE PARK 10 FREDERICK STREET $ Sold Price $620,000

 CLARENCE PARK 2/29 LORRAINE AVENUE $ Sold Price $325,000

1B 2 C Land 407m2 3A

1B 1 C Land 92m2 2A

 CLARENCE PARK 14 FREDERICK STREET $ Sold Price $750,000

 CLARENCE PARK 15A PARKER TERRACE $ Sold Price $246,000

1B 3 C Land 696m2 3A

Land 280m2

 CLARENCE PARK 41 FREDERICK STREET $ Sold Price $810,000

 CLARENCE PARK 3 ROSSLYN AVENUE $ Sold Price $846,500

1B 3 C Land 696m2 3A

2B 4 C Land 692m2 3A

 CLARENCE PARK 7 GEORGE STREET $ Sold Price $645,000

 CLARENCE PARK 7/27 THAMES STREET $ Sold Price $260,500

1B 4 C Land 614m2 4A

1B 2 C Land 34m2 2A

 CLARENCE PARK 16 GEORGE STREET $ Sold Price $875,000

 GOODWOOD 5 ADA STREET $ Sold Price $740,000

2B 2 C Land 594m2 4A

1B 1 C Land 592m2 2A

 CLARENCE PARK 2B HAMMOND STREET $ Sold Price $595,000

 GOODWOOD 4/9 ADA STREET $ Sold Price $330,000

1B 2 C Land 350m2 4A

1B 1 C Land 0m2 2A

 CLARENCE PARK 6 HENRY STREET $ Sold Price $582,000

 GOODWOOD 7 ALBERT STREET $ Sold Price $685,000

1B 2 C Land 445m2 3A

1B 1 C Land 605m2 1A

century21.com.au/central

 GOODWOOD 1/24 ALBERT STREET $ Sold Price $356,000

 GOODWOOD 2/19 FLORENCE STREET $ Sold Price $300,000

1B 1 C Land 115m2 2A

1B 1 C Land 110m2 2A

 GOODWOOD 13 ALMOND STREET $ Sold Price $720,000

 GOODWOOD 2/34 FLORENCE STREET $ Sold Price $300,000

1B 2 C Land 265m2 3A

1B 1 C Land 102m2 2A

 GOODWOOD 9 BLACKETT STREET $ Sold Price $620,000

 GOODWOOD 6 GRACE STREET $ Sold Price $765,000

1B 2 C Land 458m2 3A

1B 3 C Land 514m2 3A

 GOODWOOD 59 DEVON STREET SOUTH $ Sold Price $520,000

 GOODWOOD 12 HAMPTON STREET NORTH $ Sold Price $607,000

1B 0 C Land 245m2 2A

1B 2 C Land 406m2 2A

 GOODWOOD 12 ELIZABETH STREET $ Sold Price $585,000

 GOODWOOD 26 HARDY STREET $ Sold Price $1,056,000

1B 0 C Land 248m2 2A

2B 1 C Land 1,138m2 4A

 GOODWOOD 2 ERSKINE STREET $ Sold Price $825,000

 GOODWOOD 4/44 KING WILLIAM ROAD $ Sold Price $525,000

1B 2 C Land 580m2 3A

1B 1 C Land 0m2 2A

 GOODWOOD 7/11 ERSKINE STREET $ Sold Price $297,500

 GOODWOOD 5/90A KING WILLIAM ROAD $ Sold Price $995,000

1B 1 C Land 73m2 2A

2B 2 C Land 305m2 3A

SMARTER. BOLDER. FASTER.

 GOODWOOD 7/90A KING WILLIAM ROAD $ Sold Price $995,000

 GOODWOOD 3 UNION STREET $ Sold Price $925,000

2B 2 C Land 305m2 3A

1B 4 C Land 867m2 3A

 GOODWOOD 12/49 LEADER STREET $ Sold Price $200,000

 KINGS PARK 9/242 CROSS ROAD $ Sold Price $395,000

1B 1 C Land 12m2 2A

1B 1 C Land 173m2 2A

 GOODWOOD 59/49 LEADER STREET $ Sold Price $182,000

 KINGS PARK 11/242 CROSS ROAD $ Sold Price $491,000

1B 1 C Land 16m2 2A

1B 1 C Land 284m2 3A

 GOODWOOD 31 LILY STREET $ Sold Price $892,000

 KINGS PARK 24 JELLICOE AVENUE $ Sold Price $1,300,000

1B 4 C Land 587m2 3A

3B 2 C Land 1,671m2 4A

 GOODWOOD 17 LOUISA STREET $ Sold Price $705,500

 KINGS PARK 12 NINGANA AVENUE $ Sold Price $701,000

1B 1 C Land 325m2 2A

1B 1 C Land 934m2 2A

 GOODWOOD 1/11 MANSFIELD STREET $ Sold Price $578,800

 KINGS PARK 8 PASCOE COURT $ Sold Price $760,000

1B 1 C Land 213m2 2A

1B 2 C Land 609m2 3A

 GOODWOOD 10 OPHIR STREET $ Sold Price $940,000

 MILLSWOOD 19 AVENUE STREET $ Sold Price $2,210,000

1B 2 C Land 592m2 3A

2B 2 C Land 1,114m2 6A

century21.com.au/central

 MILLSWOOD 26 AVENUE STREET $ Sold Price $3,050,000

 MILLSWOOD 8 MEREDYTH AVENUE $ Sold Price $885,000

2B 2 C Land 2,359m2 4A

1B 1 C Land 794m2 3A

 MILLSWOOD 33 AVENUE STREET $ Sold Price $1,635,000

 MILLSWOOD 8 MILLSWOOD CRESCENT $ Sold Price $824,000

1B 2 C Land 1,254m2 4A

1B 2 C Land 650m2 4A

 MILLSWOOD 4 CHELMSFORD AVENUE $ Sold Price $962,000

 MILLSWOOD 19 MILLSWOOD CRESCENT $ Sold Price $530,000

3B 4 C Land 975m2 3A

1B 1 C Land 668m2 3A

 MILLSWOOD 11 CLIFTON STREET $ Sold Price $1,067,000

 MILLSWOOD 36 MILLSWOOD CRESCENT $ Sold Price $612,000

2B 2 C Land 571m2 5A

2B 1 C Land 696m2 3A

 MILLSWOOD 18 CRANBROOK AVENUE $ Sold Price $940,000

 MILLSWOOD 86 MITCHELL STREET $ Sold Price $1,211,000

1B 2 C Land 1,443m2 3A

2B 1 C Land 585m2 4A

 MILLSWOOD 34 CROMER PARADE $ Sold Price $805,000

 MILLSWOOD 16 RAVENSTHORPE AVENUE $ Sold Price $805,000

2B 3 C Land 696m2 3A

1B 2 C Land 836m2 3A

 MILLSWOOD 14 LANOR AVENUE $ Sold Price $1,350,000

 MILLSWOOD 17 WOOD STREET $ Sold Price $1,375,000

1B 2 C Land 843m2 4A

1B 2 C Land 854m2 4A

SMARTER. BOLDER. FASTER.

 WAYVILLE 5/2 DAVENPORT TERRACE $ Sold Price $347,000

 WAYVILLE 4A PARSONS STREET $ Sold Price $780,000

1B 1 C Land 12m2 2A

1B 2 C Land 304m2 3A

 WAYVILLE 5/22 DAVENPORT TERRACE $ Sold Price $312,000

 WAYVILLE 32 ROSE TERRACE $ Sold Price $720,000

1B 1 C Land 0m2 2A

1B 0 C Land 204m2 3A

 WAYVILLE 1 LE HUNTE STREET $ Sold Price $693,000

 WAYVILLE 43 ROSE TERRACE $ Sold Price $689,000

2B 2 C Land 299m2 4A

1B 2 C Land 314m2 3A

 WAYVILLE 1A LE HUNTE STREET $ Sold Price $693,000

 WAYVILLE 3/78 ROSE TERRACE $ Sold Price $285,000

2B 2 C Land 400m2 2A

1B 1 C Land 80m2 2A

 WAYVILLE 3/40 LE HUNTE STREET $ Sold Price $287,500

 WAYVILLE 2/100 ROSE TERRACE $ Sold Price $380,000

1B 1 C Land 87m2 2A

1B 1 C Land 1,072m2 2A

 WAYVILLE 4/46 LE HUNTE STREET $ Sold Price $451,500

 WAYVILLE 40/100 ROSE TERRACE $ Sold Price $581,500

1B 1 C Land 0m2 2A

1B 0 C Land 0m2 4A

 WAYVILLE 57 LE HUNTE STREET $ Sold Price $590,000

 WAYVILLE 43/100 ROSE TERRACE $ Sold Price $435,000

1B 1 C Land 300m2 3A

1B 2 C Land 0m2 2A

century21.com.au/central

 WAYVILLE 45/100 ROSE TERRACE $ Sold Price $435,000

 WAYVILLE 2/313A YOUNG STREET $ Sold Price $330,000

1B 1 C Land 0m2 2A

1B 1 C Land 0m2 2A

 WAYVILLE 46/100 ROSE TERRACE $ Sold Price $582,500

 WAYVILLE 7/313A YOUNG STREET $ Sold Price $312,000

1B 2 C Land 0m2 3A

1B 2 C Land 103m2 2A

DISCUSS LEASING YOUR INVESTMENT PROPERTY WITH YOUR AREA SPECIALIST CALL US NOW ON 8373 1338

SMARTER. BOLDER. FASTER.

If you have property interests in sales or rentals, or would like an updated opinion on your property’s position in the current market, please do not hesitate to contact me.

 ADAM TEAGUE  0413 022 993  adam@century21central.com.au  Century 21 Central | 171 Goodwood Road, Millswood, SA 5034 | RLA274363

ACHIEVEMEN

TS

MASTERS CLUB

RUBY MASTERS

EMERALD MASTERS

CENTURION AWARD

#1 SALES AGENT SA 2015

CENTRAL facebook.com/adamteaguec21

We (the agent/agency) have endeavoured to show a selection properties which have been listed and sold by multiple agents/agencies in the area as listed on publicly available sources for the mentioned period. We believe this information to be accurate, whilst all care has been taken, no representation has been made and no responsibility is accepted for the accuracy of the whole or any part of this document. Individuals are directed to rely on their own enquiries. Please disregard this publication if your property is exclusively listed with another agent.

We advise you seek independent advice on your area statistics if you are thinking of buying or selling. Š Local Logic