Gary Eaton Market Report March 2016

It’s my kind of place.

February 2016 Property Report by Gary Eaton

Hello.

The below table shows what Buyers already know. There’s a shortage of properties on the market.

Comparing the last 10 years, 2015 saw the second lowest number of sales per suburb (except Corinda). Only the flood driven low of 2011 saw less sales. What does this mean for you as a Seller?

There has never been a better time to be on the market than right now. A shortage of stock plus a surge in Buyers equals less time on the market and higher prices. Perfect conditions for Sellers.

Suburb by Suburb Snap Shot (House Sales) Sales in 2015

Sales in 2014

Sales in 2011 (flood year)

Chelmer

50

65

35

Graceville

76

100

52

Sherwood

61

105

52

Corinda

70

64

61

Tennyson

11

21

8

Gary Eaton 0403 086 251 garyeaton@eplace.com.au 07 3379 4311

Proud Supporters of the Local Community Everyone’s a winner.

Off to a great start.

Place Graceville are proud Major Sponsors of Sherwood

We take great pride in helping Graceville State School

AFL Club. We love the opportunity to give back to the

with their fundraising events and enjoy competing in their

local community and to help these teams prosper. As

annual trivia night. As proud supporters of Graceville State

an added bonus, every time a member of the Magpies

School it is always great to see what the school is doing

footy community chooses to list their home with us, we

and what they are achieving with and for our children. The

will provide further financial support to the club. So when

school is also a massive drawcard for buyers wanting to

you engage us to help you, be sure to let us know if you

move into the area to make sure that they are giving their

are associated with the Magpies and we help them...

children the best start to their education.

local knowledge +

Everyone wins!

Graceville HIGHEST SALE PRICE

$1.950m

NUMBER OF PROPERTIES FOR SALE

AVERAGE TIME ON THE MARKET

LOWEST SALE PRICE

$388,000

51 days

31 properties

Top 20 recent sales Street Address

Bed

Bath

Car

Land Size

Sale Date

Sale Price

1

4 Molonga Terrace

4

2

3

1201

Oct-15

$1,950,000

2

282 Verney Road East

5

3

3

782

Nov-15

$1,420,000

3

32 Dan Street

4

3

2

405

Dec-15

$1,100,000

4

236 Long Street East

-

-

-

430

Oct-15

$1,100,000

5

174 Verney Road East

6

3

4

708

Nov-15

$1,090,000

6

301 Verney Road East

4

2

2

607

Oct-15

$1,050,000

7

275 Long Street East

4

2

2

405

Dec-15

$980,000

8

39 Bank Road

4

2

1

405

Nov-15

$935,000

9

259 Long Street East

4

2

2

405

Oct-15

$885,000

10

64 White Street

5

2

4

416

Nov-15

$845,000

11

52 White Street

4

2

2

405

Oct-15

$810,000

12

8 Mortlake Road

3

2

3

405

Nov-15

$797,500

13

74 Sandon Street

5

1

1

604

Nov-15

$730,000

14

55 Strong Avenue

3

1

1

449

Dec-15

$721,000

15

210 Long Street East

3

2

2

402

Nov-15

$715,000

16

20 Kew Road

2

1

2

405

Nov-15

$695,000

17

32 Graceville Avenue

3

1

1

405

Oct-15

$650,000

18

40 Magee Street

4

1

2

448

Dec-15

$612,000

19

237 Oxley Road

2

1

1

850

Nov-15

$606,000

20

9 Seng Street

3

1

2

733

Dec-15

$601,000

Chelmer HIGHEST SALE PRICE

$4.250m

NUMBER OF PROPERTIES FOR SALE

AVERAGE TIME ON THE MARKET

LOWEST SALE PRICE

$547,500

68 days

38 properties

Recent sales Street Address

Bed

Bath

Car

Land Size

Sale Date

Sale Price

1

137 Laurel Avenue

5

5

3

2785

Dec-15

$4,250,000

2

77 Longman Terrace

5

3

4

1069

Nov-15

$2,575,000

3

97A Laurel Avenue

-

-

-

1016

Oct-15

$1,395,000

4

81 Rosebery Terrace

4

4

3

656

Dec-15

$1,300,000

5

30 Sutton Street

4

3

2

819

Oct-15

$1,220,000

6

147 Queenscroft Street

3

2

1

610

Oct-15

$995,000

7

20 Queenscroft Street

3

1

1

603

Dec-15

$730,000

8

118 Hargreaves Avenue

2

1

1

463

Oct-15

$710,000

9

5 Luxford Street

3

1

2

647

Nov-15

$700,000

10

68 Chelmer Street East

3

2

1

860

Nov-15

$547,500

32 DAN STREET GRACEVILLE $1,100,000

Sherwood HIGHEST SALE PRICE

$1.279m

NUMBER OF PROPERTIES FOR SALE

AVERAGE TIME ON THE MARKET

LOWEST SALE PRICE

$330,000

52 days

57 properties

Top 20 recent sales Street Address

Bed

Bath

Car

Land Size

Sale Date

Sale Price

1

552 Sherwood Road

2

1

1

809

Nov-15

$1,279,000

2

10 Lance Street

5

2

1

1012

Nov-15

$1,175,000

3

41 Mayhew Street

4

1

1

642

Nov-15

$1,075,000

4

37 Arbour Street

-

-

-

688

Nov-15

$1,050,000

5

445 Oxley Road

2

1

1

728

Oct-15

$1,000,000

6

61 Hamilton Street

4

3

2

405

Oct-15

$940,000

7

748 Sherwood Road

3

1

2

817

Oct-15

$890,000

8

77 Lilly Street

3

2

2

503

Nov-15

$850,000

9

70A Jolimont Street

4

3

2

445

Oct-15

$840,000

10

100 Primrose Street

5

3

2

506

Dec-15

$812,000

11

1/74 Primrose Street

3

3

1

201

Nov-15

$659,000

12

4/74 Primrose Street

3

2

1

187

Nov-15

$649,500

13

2/74 Primrose Street

3

3

1

188

Oct-15

$649,000

14

4 Arbour Street

0

0

0

458

Oct-15

$640,000

15

12 Palm Avenue

3

2

1

405

Oct-15

$630,000

16

20/20 Egmont Street

3

2

2

140

Dec-15

$625,000

17

15 Borden Street

3

1

1

405

Nov-15

$615,000

18

1/89 Jerrold Street

3

2

1

-

Oct-15

$485,000

19

14/508 Oxley Road

2

2

1

87

Oct-15

$485,000

20

4/551 Oxley Road

3

2

2

104

Nov-15

$485,000

Corinda HIGHEST SALE PRICE

$1.130m

$317,000

NUMBER OF PROPERTIES FOR SALE

AVERAGE TIME ON THE MARKET

LOWEST SALE PRICE

60 days

55 properties

Top 20 recent sales Street Address

Bed

Bath

Car

Land Size

Sale Date

Sale Price

1

111 Nelson Street

4

2

3

810

Dec-15

$1,130,000

2

59 Donaldson Street

5

2

2

809

Dec-15

$1,044,750

3

5 Menin Road

4

2

2

850

Nov-15

$1,001,000

4

27 Marchant Crescent

4

2

2

800

Oct-15

$960,000

5

33 Menin Road

5

2

2

850

Nov-15

$955,000

6

59 Gray Avenue

4

2

2

1214

Nov-15

$900,000

7

70 Nelson Street

3

1

3

809

Oct-15

$860,000

8

21 Collins Street

4

2

2

405

Nov-15

$830,000

9

81 Clara Street

4

2

1

405

Nov-15

$802,000

10

29 Edmondson Street

5

3

3

556

Dec-15

$743,000

11

23 Hilda Street

4

2

2

756

Nov-15

$696,000

12

2 Hodge Street

3

1

2

825

Oct-15

$680,000

13

96 Lynne Grove Avenue

2

1

1

551

Nov-15

$650,000

14

67 Pratten Street

4

1

1

615

Oct-15

$645,000

15

8 Hilda Street

4

2

2

500

Oct-15

$634,500

16

41 Oxley Terrace

4

2

5

488

Dec-15

$630,000

17

10 Consort Street

3

1

2

463

Dec-15

$620,000

18

27 Watt Street

3

1

2

437

Oct-15

$620,000

19

163 Clara Street

3

1

1

607

Dec-15

$600,000

20

232 Cliveden Avenue

2

1

1

430

Nov-15

$589,000

Why choose Gary Eaton?

• 15 years’ experience in real estate sales.

• Guaranteed to get you the highest possible price for your property. There is no better negotiator whether you are selling with a price or at Auction.

• You get the Eaton team on your side: Gary, Kerry and Melany.

• Auction Expert: 22 Auctions in a row. SOLD: 1 before, 5 after and 16 under the hammer – most above reserve. Gary has unlocked the secret for a successful auction. Ask Gary how its done!

• Proud supporter and sponsor of local schools and sports clubs.

Gary Eaton 0403 086 251 garyeaton@eplace.com.au 07 3379 4311