Aaron Woolard Q3 2015

Your place in the market.

2015 Q3 Marketplace Report I Aaron Woolard

Hello.

Welcome to my quarter 3 report on property in New Farm, Fortitude Valley, Teneriffe and Newstead. As a passionate member of the local community, living and working here in the New Farm area, when I’m not out walking my dog through these vibrant neighbourhoods, I love enjoying the booming local cafe and restaurant culture. In fact, I believe that it’s this insiders perspective that gives me the advantage, an astute view, when selling properties in these prized Brisbane suburbs.

164 properties sold across four suburbs

The current market.

Brisbane, and particularly inner-suburban Brisbane, remains one of the most stable capital city property markets in Australia. With some lofty price growth being seen in Melbourne and more so Sydney, Brisbane has remained relatively subdued and has only enjoyed modest gains over the last five years.

But while the city wide (Brisbane) average five year median apartment price has consistently hovered around the 3-4% mark New Farm, Fortitude Valley, Teneriffe and Newstead have produced comparatively stronger results. The five year median price change for New Farm came in at 10.1%. Fortitude Valley at 8.9%, Teneriffe the standout at 29.5% and Newstead an impressive 23.7%.

Despite some segments within the investor market showing early signs of slowing the fact remains that the majority of buyers remain upbeat and positive. As a result of such we expect that 2015 will continue its to date strong performance as we come to the end of the year.

Doggett Street As a buyer, we were looking for some time so it was a refreshing change to deal with Aaron. Whilst being a savvy sales person Aaron is also very personable, easy to deal with and provided fantastic follow up. We instantly built a great rapport with him.

Helen B & Eddie L, Fortitude Valley

Dath Street Aaron knows the metro market incredibly well and gave excellent suggestions around how to best position and present the properties. He sold my Teneriffe property in under 7 days on the market.

He is the utmost professional in all of his dealings.

Stacey H, Teneriffe

Brunswick Street If you are looking for someone with a fresh and honest approach in New Farm and surrounds, then Aaron should be your first contact. He brings a lot of experience, lives in the area and knows the market and his target market.

Sarah C, New Farm

HIGHEST SALE PRICE

$2.40m

NUMBER OF PROPERTIES FOR SALE

AVERAGE TIME ON THE MARKET

LOWEST SALE PRICE

$300,000

72 days

149 properties

New Farm top ten sales Street Address

Bed

Bath

Car

Land Size

1

11 Clay Street

2

1

2

298m

Jul-15

$920,000

2

21 Welsby Street

2

1

2

506m2

Aug-15

$925,000

3

18/24 Moray Street

3

2

1

-

Jul-15

$925,000

4

16/16 Moray Street

2

2

2

135m2

Aug-15

$1,025,000

5

22/27 Mountford Road

3

2

1

-

Jul-15

$1,300,000

6

24 Bailey Street

3

2

1

607m2

Jul-15

$1,500,000

7

407 Bowen Terrace

4

3

2

2

423m

Jul-15

$1,500,000

8

2331/22 Refinery Parade

3

2

2

201m2

Jul-15

$1,600,000

9

158 Heal Street

4

3

2

506m

Aug-15

$2,372,000

10

105 Villiers Street

4

3

2

405m2

Jul-15

$2,400,000

2

2

Sale Date

Sale Price

HIGHEST SALE PRICE

$928,000

NUMBER OF PROPERTIES FOR SALE

AVERAGE TIME ON THE MARKET

LOWEST SALE PRICE

$256,500

63 days

130 properties

Fortitude Valley top ten sales Street Address

Bed

Bath

Car

Land Size

Sale Date

Sale Price

2

1

54/50 Anderson Street

2

2

1

158m

Jul-15

$535,000

2

21/50 Anderson Street

3

2

1

146m2

Jul-15

$545,000

3

1908/25 Connor Street

2

2

1

77m

Aug-15

$546,250

4

308/38 Warner Street

2

2

1

134m2

Jul-15

$547,500

5

1306/25 Connor Street

2

2

1

82m

Jul-15

$565,000

6

202/100 Bowen Terrace

2

2

1

111m2

Aug-15

$625,000

7

1112/8 Church Street

2

2

2

2

90m

Aug-15

$645,000

8

1212/8 Church Street

2

2

2

90m2

Aug-15

$655,000

9

402/8 Church Street

3

2

2

2

156m

Aug-15

$735,000

10

614/100 Bowen Terrace

3

2

2

149m2

Aug-15

$928,000

2

2

HIGHEST SALE PRICE

$2.20m

NUMBER OF PROPERTIES FOR SALE

AVERAGE TIME ON THE MARKET

LOWEST SALE PRICE

$250,000

79 days

83 properties

Teneriffe top ten sales Street Address

Bed

Bath

Car

Land Size

Sale Date

Sale Price

1

21 Small Street

1

1

2

2

224m

Jul-15

$960,000

2

39/135 Macquarie Street

3

2

2

159m2

Jul-15

$1,040,000

3

269 Kent Street

3

1

-

2

304m

Jul-15

$1,055,000

4

292 Kent Street

4

3

6

447m2

Jul-15

$1,175,000

5

11 Abercrombie Street

3

2

2

300m

Jul-15

$1,250,000

6

11 Davidson Terrace

3

2

2

304m2

Aug-15

$1,300,000

7

627/8 Skyring Terrace

3

2

2

216m

Jul-15

$1,415,000

8

4/69 Kingsholme Street

4

3

2

300m2

Aug-15

$1,500,000

9

87 Little Chester Street

3

3

2

304m

Aug-15

$1,850,000

10

9/24 Macquarie Street

3

3

2

320m2

Jul-15

$2,200,000

2

2

2

HIGHEST SALE PRICE

$1.575m

NUMBER OF PROPERTIES FOR SALE

AVERAGE TIME ON THE MARKET

LOWEST SALE PRICE

$348,000

64 days

38 properties

Newstead top ten sales Street Address

Bed

Bath

Car

Land Size

Sale Date

Sale Price

1

301/19 Masters Street

2

2

1

94m

Jul-15

$494,250

2

6/4 Kyabra Street

2

2

1

102m2

Jul-15

$630,000

3

37/20 Newstead Terrace

2

2

1

119m

Jul-15

$637,000

4

30/27 Cunningham Street

2

2

2

116m2

Aug-15

$810,000

5

2/9 Newstead Avenue

3

2

2

245m

Aug-15

$830,000

6

24/43-57 Newstead Terrace

2

2

1

-

Jul-15

$930,000

7

57/20 Newstead Terrace

3

2

2

141m

Aug-15

$960,000

8

22/27 Cunningham Street

3

2

2

163m2

Jul-15

$1,160,000

9

54/27 Cunningham Street

3

2

2

154m

Jul-15

$1,340,000

10

165/45 Newstead Terrace

3

2

2

213m2

Aug-15

$1,575,000

2

2

2

2

2

RECENTLY SOLD NEW FARM $770,000 FORTITUDE VALLEY $565,000

NEW FARM $1,150,000

NEW FARM $718,000

BOWEN HILLS $375,000

Bailey Street During the sale of our property, we found Aaron to be the consummate professional: honest, very personable, never

pushy,

very

organised

and

efficient. He had excellent knowledge of the market and an effective team to support him with all aspects of the sale.

Peter & Inez W, New Farm

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