Garry Jones 2015, Q2

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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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