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Welcome to the latest marketplace report for Wilston, Windsor, Grange and Gordon Park. Since our last issue (April/May) the residential property market in Australia has continued to rally. The result being an increase of some $300billion to $6trillion in the estimated value of Australian residential property.
REVIEW PERIOD
For the most part, our southern neighbours of Sydney (17.8% past 12 months) and Melbourne (11.2% past 12 months) are leading the growth charge with Brisbane at 3.7% over the past 12 months. Some of the current heat in the market can also
COVERING SALES
1 QUARTER
1 JANUARY – 31 MARCH
2ND QUARTER
1 APRIL – 30 JUNE
3RD QUARTER
1 JULY – 30 SEPTEMBER
4TH QUARTER
1 OCTOBER – 31 DECEMBER
ST
from the investment segment of the market as evidenced by the 10.4% increase in total investor housing credit over the last
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is produced following the end of the period
12 months and also by the fact that there have been more investor loans over the past 12 months than owner occupier loans To appreciate what this dynamic marketplace could mean for you, right now, give me a call at anytime.
Garry Jones
Place Estate Agents m 0406 609 677 e gj@eplace.com.au w www.eplace.com.au facebook/twitter @ garryjones.place
WILSTON
WINDSOR
GRANGE
GORDON PARK
Number of sales for the period
11
17
11
12
Number of properties currently on the market
31
59
30
26
Median sales price achieved for the period
$810,000
$620,000
$680,000
$474,500
Highest sales price achieved for the period
$1,430,000
$1,190,000
$1,120,000
$955,000
Lowest sales price achieved for the period
$423,000
$315,000
$222,500
$238,000
Total sales volume achieved for the period
$9.78million
$10.59million
$7.17million
$6.40million
Recent transactions recorded during the quarter are over the page.
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