Aaron Woolard Jan-Jun 2016 Property Market Report

New Farm Fortitude Valley Teneriffe Newstead Bowen Hills

Aaron Woolard Jan–Jun 2016 Property Market Report

Hello.

Welcome to my bi-annual property market report for months January to June 2016 A recent survey of some 300 plus buyers has delivered some interesting insights into how we go about buying properties. Not surprisingly, 59% of the respondents said that they initially fell in love with a property purely based on its location. For those who responded in favour of location, 40% wanted easy access to transport options and infrastructure, 29% wanted convenient access to shopping and local amenities and 16% fell in love with the location because it meant living close to family and friends.

With billions of dollars being pledged or invested into upgrading infrastructure throughout Brisbane we continue to be an attractive place to call home and local upgrades and changes will certainly influence the decisions of many buyers. From the Howard Smith Wharves project to the Queen’s Wharf development and the addition of the second runway at the Brisbane Airport there is plenty of talk about how all of this will impact property prices and activity.

If you are interested in discussing how, and indeed even if any of these changes will impact you and your property, then please feel free to give me a call at anytime.

Aaron Woolard 0421 145 386 aaronwoolard@eplace.com.au

New Farm HIGHEST SALE PRICE

$5.700m

Median SALE PRICE

$600,000

average time on the market

LOWEST SALE PRICE

$230,000

88 days

The highest and lowest 5 sales Address

Bed

Bath

Car

LAND SIZE

SOLD DATE

Sale Price

1

6/81 Moray Street

3

3

2

476sqm

Jun-16

$5,700,000

2

3431/30 Hollins Crescent

4

4

4

383sqm

Feb-16

$3,050,000

3

1 Griffith Street

4

2

2

405sqm

Feb-16

$3,000,000

4

24 Chambers Street

4

2

2

443sqm

Jan-16

$2,665,000

5

2311/32 Refinery Parade

3

2

2

254sqm

Feb-16

$2,580,000

5

4/100 Langshaw Street

1

1

1

–

Mar-16

$310,000

4

3/140 Moray Street

1

1

–

–

Feb-16

$300,000

3

4/6 Julius Street

1

1

1

–

Feb-16

$295,000

2

7/191 Kent Street

1

1

–

–

Feb-16

$275,000

1

13/191 Harcourt Street

1

1

–

–

Apr-16

$230,000

5 Langshaw Street 775,000

Fortitude Valley HIGHEST SALE PRICE

$1.368m

Median SALE PRICE

$432,500

average time on the market

LOWEST SALE PRICE

$120,000

85 days

The highest and lowest 5 sales Address

Bed

Bath

Car

LAND SIZE

SOLD DATE

Sale Price

1

75 Arthur Street

4

3

2

465sqm

Mar-16

$1,368,000

2

170 Knapp Street

3

4

2

173sqm

Feb-16

$1,300,000

3

51 Hynes Street

3

3

2

172sqm

Feb-16

$1,075,000

4

2/24 Wandoo Street

3

2

1

196sqm

Feb-16

$900,000

5

6/24 Wandoo Street

3

2

1

149sqm

May-16

$677,000

5

56/455 Brunswick Street

1

1

1

–

Mar-16

$260,000

4

53/455 Brunswick Street

1

1

1

–

Apr-16

$250,000

3

65/131 Wickham Street

1

1

1

–

May-16

$227,500

2

46/455 Brunswick Street

1

1

1

–

Apr-16

$220,000

1

69/455 Brunswick Street

1

1

1

–

May-16

$120,000

38 Warner Street 590,000

Teneriffe HIGHEST SALE PRICE

$3.000m

Median SALE PRICE

average time on the market

LOWEST SALE PRICE

$625,000

$320,000

87 days

The highest and lowest 5 sales Address

Bed

Bath

Car

LAND SIZE

SOLD DATE

Sale Price

1

1/63 Macquarie Street

4

3

3

446sqm

May-16

$3,000,000

2

26 Waverley Street

4

2

3

622sqm

Apr-16

$2,185,000

3

101 Little Chester Street

4

2

2

384sqm

Mar-16

$2,100,000

4

12 Davidson Terrace

4

3

2

304sqm

Apr-16

$2,050,000

5

36 Teneriffe Drive

1

2

2

625sqm

Feb-16

$1,950,000

5

202/88 Macquarie Street

1

1

1

72sqm

Mar-16

$425,000

4

307/113 Commercial Road

1

1

1

68sqm

Apr-16

$415,000

3

118/16 Skyring Terrace

1

1

1

64sqm

Feb-16

$410,000

2

13/304 Harcourt Street

1

1

1

–

Apr-16

$379,500

1

47/139 Commercial Road

1

1

–

–

Feb-16

$320,000

51 Macquarie Street 4,200,000

Newstead HIGHEST SALE PRICE

$3.190m

median SALE PRICE

average time on the market

LOWEST SALE PRICE

$552,500

$346,500

102 days

The highest and lowest 5 sales Bed

Bath

Car

LAND SIZE

SOLD DATE

Sale Price

1

241/1 Newstead Terrace

Address

3

3

2

274sqm

Feb-16

$3,190,000

2

822/1 Newstead Terrace

3

2

2

336sqm

Mar-16

$2,780,000

3

972/1 Newstead Terrace

3

2

2

214sqm

Feb-16

$2,600,000

4

109/45c Newstead Terrace

3

2

2

411sqm

Mar-16

$1,950,000

5

124/45 Newstead Terrace

2

2

2

250sqm

Feb-16

$1,258,000

5

105/16 Masters Street

1

1

1

63sqm

Jan-16

$405,000

4

108/16 Masters Street

1

1

1

74sqm

Mar-16

$392,500

3

310/60 Doggett Street

1

1

1

64sqm

Mar-16

$382,000

2

606/19 Masters Street

1

1

1

–

May-16

$380,000

1

107/6 Kyabra Street

1

1

1

60sqm

May-16

$346,500

Bowen Hills HIGHEST SALE PRICE

$945,000

MEDIAN SALE PRICE

average time on the market

LOWEST SALE PRICE

$450,000

$260,000

89 days

The highest and lowest 5 sales Bed

Bath

Car

LAND SIZE

SOLD DATE

Sale Price

1

26/7B Boyd Street

Address

3

2

2

–

Mar-16

$945,000

2

15 Cintra Road

4

1

2

564sqm

Apr-16

$900,000

3

127/7D Boyd Street

3

2

2

182sqm

May-16

$800,000

4

137/7D Boyd Street

3

2

2

199sqm

May-16

$775,000

5

17/7 Boyd Street

3

2

2

–

Mar-16

$725,000

5

102/11 Bowen Bridge Road

1

1

1

63sqm

Mar-16

$355,000 $350,000

4

5027/191 Constance Street

1

1

1

61sqm

Feb-16

3

2092/16 Hamilton Place

1

1

1

–

Jun-16

$340,501

2

8013/191 Constance Street

1

1

1

51sqm

Mar-16

$335,000

1

908/29-35 Campbell Street

1

1

–

–

Jun-16

$260,000

Why Choose Aaron Woolard?

1

One Brand Multiple Location Approach 2

World Class Marketing 3

Team of Three 4

Full 360 Degree Service 5

Access to More Buyers Every Week To discuss how this can benefit you and your property, please give me a call.

Multi-Award Winning Agent

Aaron Woolard

0421 145 386

aaronwoolard@eplace.com.au

Style

magazines

Awards

No.1 Selling Agent New Farm

Best Real Estate Agent Fortitude Valley & New Farm

No.1 Real Estate Agent New Farm

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 the highest and lowest 5 settled transactions reported during January to June 2016 and some properties have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Aaron Woolard and Place by datachurp.