Andrew Bradley December 2015

Coorparoo, it’s my kind of place.

July - December 2015 Coorparoo property report

Hello.

It is easy to be reminded of just how good Coorparoo is at this time of year. Off the back of great spring weather and recent rain our yards are looking great. Those backyard pools are looking more tempting than usual and thanks to the festive spirit there is a genuine sense of community spirit, almost a shine, to the whole area.

For a little over fifteen years now I have been working with buyers and sellers as they move in Coorparoo.

Helping them sell and helping them secure their homes and investments. It is a privilege and I am thankful for the repeat business of many. Helping people buy and sell, and make smart real estate decisions, is what I love and I am always here to help. All the best,

Andrew Bradley Director Place Coorparoo 0410 490 039 ab@eplace.com.au 07 3107 2199

My Coorparoo.

Source of inspiration.

Imagination plus.

My go to spot when I am in need of some home styling

If it is up to my 2 year old son Hayden, and let’s be honest

assistance is Vanilla House at 380 Cavendish Rd. Open

it is, the best park in Brisbane is Majestic Park with it’s

daily and with a host of inspiring homewares, furniture,

dragon play and fort area. The circular bike path (about

fashion labels and a great selection of baby and children’s

300m) is ideal for learning to ride and there is plenty of

gifts there is a little something there for everyone.

room for parents to sit back and relax also.

Favourite spot for brekky.

Sweet treats.

A favourite stomping ground for many a local is Flute on

Pies, cakes, slices, petit fours, truffles and lots more

Cavendish Road. They have a great brekky menu and if

treats are on offer at Cream Patisserie Boulangerie at 380

you are chasing something a little on the decadent side,

Cavendish Road Coorparoo. If you are looking for a last

then do try one of their thickshakes in a pot!

minute dinner party dessert, this is the place to go.

135

properties

HIGHEST SALE PRICE

LOWEST SALE PRICE

$2.75m AVERAGE TIME ON THE MARKET

51 days MEDIAN PRICE SAME TIME 2013

$775,000

$227,500 CURRENT MEDIAN PROPERTY PRICE

$879,000 NUMBER OF PROPERTIES FOR SALE

108 properties

sold in Coorparoo

NUMBER OF HOMES FOR SALE

37 properties HIGHEST HOUSE SALE PRICE

$2.75m LOWEST HOUSE SALE PRICE

$530,000

NUMBER OF APARTMENTS OR TOWNHOUSES FOR SALE

71 properties HIGHEST APARTMENT OR TOWNHOUSE SALE PRICE

$725,000 LOWEST APARTMENT OR TOWNHOUSE SALE PRICE

$227,500

Top 20 Coorparoo sales for the period Street Address

Bed

Bath

Car

Land Size

Sale Date

Sale Price

1

22 Sirius Street

5

3

6

1619m2

Nov-15

$2,750,000

2

49 Solar Street

5

4

2

971m2

Sep-15

$2,000,000

3

74 Greens Road

4

3

2

450m2

Aug-15

$1,470,000

4

64 Hipwood Avenue

5

3

2

539m2

Jul-15

$1,450,000

5

6 Dowar Street

2

1

4

1214m2

Sep-15

$1,225,000

6

11 Greens Road

4

4

3

408m2

Jul-15

$1,210,000

7

32 Sirius Street

3

1

1

809m2

Oct-15

$1,105,000

8

44 Brae Street

4

2

2

708m2

Jul-15

$1,100,000

9

98 Capella Street

4

3

3

541m2

Aug-15

$1,100,000

10

74 Marriott Street

4

2

1

607m2

Oct-15

$1,050,000

11

7 Wills Street

5

2

2

810m2

Jul-15

$1,040,000

12

8 St Leonards Street

4

3

2

405m2

Sep-15

$1,020,000

13

33 Arc Street

2

1

1

1042m2

Jul-15

$950,000

14

6 Howard Street

3

2

2

405m2

Aug-15

$935,000

15

59 Amelia Street

4

3

2

450m2

Sep-15

$930,000

16

12 Glen Street

4

2

2

506m2

Nov-15

$930,000

17

529 Cavendish Road

3

2

2

890m2

Jul-15

$883,000

18

272 Cavendish Road

5

1

1

827m2

Sep-15

$880,000

19

18 Joffre Street

4

2

3

607m2

Sep-15

$880,000

20

74A Shakespeare Street

6

2

2

405m2

Sep-15

$879,000

2015 Recent data has continued to highlight that suburbs closest to the centre of Brisbane, especially those at the middle to upper end of the market, remain in demand and are

consistently fairing well in terms of positive sale price growth and also in terms of the numbers of properties selling.

Brisbane, and particularly inner-suburban Brisbane, has been one of the most stable and consistent property markets during the past five years with relatively subdued growth when compared to gains seen in Sydney and Melbourne. This consistency has proven to be a significant deciding factor for many buyers and sellers as the majority of market participants continue to trade in and out of homes as a principal place of residency.

With the festive season fast approaching and summer pretty much upon us already, there remains a level of buoyancy in buyer confidence and a willingness to buy that is not being matched by the supply of property coming to market. With fewer properties currently on the market, now is a great time to take advantage of low competition should you be thinking about selling.

Andrew Bradley Director Place Coorparoo 0410 490 039 ab@eplace.com.au 07 3107 2199