Your place in the market. 2016 Q3 Market Report Chris Rice

Your place in the market.

2016 Q3 Market Report | Chris Rice

Hello.

Welcome to my latest report on residential property in Bulimba, Hawthorne, Balmoral and Norman Park. Navigating the ever-changing, and sometimes challenging, residential market place has never been easy. Working out when is the best time to sell, as well as how to make sure that you are achieving the best result given your circumstances, can vary wildly depending on the advice you receive. To see how subtle tweaks in strategy, fine-tuned marketing and a thorough understanding of the nuance of any situation can get you the result you are wanting, then give me a call today.

The current market.

According to the Australian Bureau of Statistics, there are fifteen million Facebook users in Australia, or almost two in every three Australians have a Facebook account. In the world of real estate, the use of social media as a way of sharing information about what’s happening in real estate – new houses on the market, recent sales, price results and general news – has been long considered a necessary component of our consumer engagement or marketing campaigns.

The speed in which this information is now shared has placed increasingly more emphasis on making sure that a seller’s ‘for-sale’ launch is handled beautifully from day one. It’s the prior preparation in the presentation and the attention paid to the smaller details that can make or break the start and the sale.

Setting it up for success is a skill, and one that we are heavily invested in making sure that we remain the leaders in. To understand what this could mean for you and your move, call me today.

Job well done!

Chris was extremely professional throughout the sale of our home. He was always available no matter the time or the day and the never ending stream of questions we threw at him not only for our own sale but other houses we were interested in and general market conditions never fazed him. His calm and professional attitude towards the end of our sale (which to say the least was quite hectic!) really paid off and we acheived the result we were looking for. Thank you Chris for sticking with us and for your understanding and patience and for working tirelessly.

Suz & Matt, Bulimba

27 Lindsay Street, Hawthorne We sought Chris out as he had sold a number of properties on our street and in the area. We were impressed by his knowledge of the area and his approach to selling our property. We were extremely happy with the end result and would recommend Chris Rice to anyone looking to sell in the future.

Sam & Duncan, Hawthorne

Thanks for the great work Chris During the sale of my property in Balmoral Chris was consistent and honest in the process, he provided me with the necessary information to make an informed decision. Unfortunately the initial sale fell over but Chris was able to adjust and secure another buyer (within 3 days) which saved the purchase of my next property being subject to sale of my Balmoral property.

John, Balmoral

HIGHEST SALE PRICE

$3.700m

$328,500

NUMBER OF PROPERTIES FOR SALE

AVERAGE TIME ON THE MARKET

LOWEST SALE PRICE

72 days

119 properties

Bulimba top ten sales Street Address

Bed

Bath

Car

Sale Date

Sale Price

1

13 Mcconnell Street

5

4

4

Jul-16

$3,700,000

2

10 Cowper Street

6

4

2

Sep-16

$1,901,000

3

44 Princess Street

1

1

1

Aug-16

$1,750,000

4

56 Pine Street

5

3

4

Aug-16

$1,695,500

5

34 Cambridge Street

5

3

1

Jul-16

$1,500,000

6

9 Hood Street

5

2

2

Sep-16

$1,430,000

7

23 Portside Place

5

3

2

Sep-16

$1,375,000

8

23 Shore Crescent

4

3

2

Aug-16

$1,250,000

9

105 Stuart Street

4

2

2

Sep-16

$1,105,000

10

22 Parklane Place

5

2

2

Aug-16

$1,015,000

HIGHEST SALE PRICE

$1.810m

$370,000

NUMBER OF PROPERTIES FOR SALE

AVERAGE TIME ON THE MARKET

LOWEST SALE PRICE

63 days

76 properties

Hawthorne top ten sales Street Address

Bed

Bath

Car

Sale Date

Sale Price

1

91 Lindsay Street

4

4

2

Aug-16

$1,810,000

2

24 Mcdonald Street

5

3

2

Sep-16

$1,550,000

3

21 Barton Road

5

2

2

Aug-16

$1,480,000

4

24 Exeter Street

4

3

2

Sep-16

$1,445,000

5

56 Miles Street

4

3

2

Sep-16

$1,360,000

6

14 Coventry Street

5

2

3

Sep-16

$1,350,000

7

20 Dover Street

4

3

2

Aug-16

$1,350,000

8

7 Amy Street

6

3

2

Jul-16

$1,315,000

9

13 Goulburn Street

5

2

2

Sep-16

$1,310,000

10

48 Jenolan Avenue

4

3

2

Aug-16

$1,260,000

HIGHEST SALE PRICE

$1.710m

$379,000

NUMBER OF PROPERTIES FOR SALE

AVERAGE TIME ON THE MARKET

LOWEST SALE PRICE

63 days

50 properties

Balmoral top ten sales Street Address

Bed

Bath

Car

Sale Date

Sale Price

1

28 Dilkera Street

4

3

3

Aug-16

$1,710,000

2

33 Taylor Street

5

3

2

Sep-16

$1,520,000

3

16 Sphinx Street

4

3

2

Aug-16

$1,300,000

4

18 Bunowang Street

5

3

4

Jul-16

$1,282,500

5

85 Bilyana Street

4

1

1

Aug-16

$1,175,000

6

53 Victoria Street

3

2

1

Jul-16

$1,035,000

7

348 Riding Road

5

3

1

Aug-16

$985,000

8

6 Victoria Street

5

3

2

Aug-16

$950,000

9

6 Dilkera Street

2

1

–

Sep-16

$945,000

10

6 Yonga Street

4

2

2

Sep-16

$885,000

HIGHEST SALE PRICE

$2.900m

$312,500

NUMBER OF PROPERTIES FOR SALE

AVERAGE TIME ON THE MARKET

LOWEST SALE PRICE

55 days

68 properties

Norman Park top ten sales Street Address

Bed

Bath

Car

Sale Date

Sale Price

1

14 Wynnum Road

5

4

4

Sep-16

$2,900,000

2

222/90 Wynnum Road

4

2

2

Aug-16

$1,800,000

3

79 Morehead Avenue

5

3

5

Jul-16

$1,720,000

4

37 Tennyson Street

4

2

2

Sep-16

$1,600,000

5

68 Brentnall Street

4

4

2

Aug-16

$1,300,000

6

5 Waldo Street

4

2

2

Jul-16

$1,260,000

7

163 Macrossan Avenue

4

4

2

Jul-16

$1,100,000

8

133 Macrossan Avenue

6

3

3

Jul-16

$1,030,000

9

73A Agnew Street

4

2

2

Sep-16

$1,025,000

10

103 Kingsbury Street

5

3

2

Jul-16

$960,000

RECENTLY SOLD HAWTHORNE HAWTHORNE

BULIMBA BALMORAL

Chris Rice 0414 694 111 chrisrice@eplace.com.au