Matthew Jabs Kedron May 2016

QUARTERLY REPORT

marketplace proudly presented by matthew jabs & ross armstrong your local place agents

KEDRON PROPERTY

LD SO

2016,

WELCOME to our latest report on PROPERTY SALES for KEDRON As we start our climb towards the middle part of the year, it is interesting to see what changes have taken place in the property market. Across Australia’s capital cities, and when compared to the same time last year, house prices have continued to grow, albeit by smaller percentages than previously which suggests that we have returned to a more modest paced market or cycle.

There are a number of factors that have resulted in Brisbane’s resilient trend since 2012, namely; consistent population growth change with an average growth rate of 2.2% per annum over the last ten years; there is generally less speculation based property investment; and the market has consistently seen a level of supply – of homes – coming to the market.

Year on year, Brisbane as a whole grew by 4.5% and remains one of Australia’s most stable and most consistent market places in terms of capital growth. It is also unlikely that as a whole Brisbane will see any significant swing or adjustment to this level throughout the remainder of 2016.

All the best and enjoy the read.

MATTHEW JABS 0422 294 272 matthewjabs@eplace.com.au

ROSS ARMSTRONG 0409 299 653 rossarmstrong@eplace.com.au

recent house sales activity Kedron PAST QUARTER

2015

HOW many properties SOLD during the quarter?

22

300

HOW many properties are CURRENTLY on the market?

86

NA

WHAT was the MEDIAN price paid during the quarter?

$605,000

$521,500

WHAT was the highest SOLD price during the quarter?

$970,000

$7,880,000

WHAT was the lowest SOLD price during the quarter?

$300,000

$220,000

HOW much was the VALUE of all SOLD properties during the quarter?

$13.1 Million

$179.9 Million

Bradley Avenue

Alice Street

WHICH street saw the MOST sales during the quarter?

dynamic design & marketing = premium sale prices Matthew Jabs & Ross Armstrong are bringing a new level of marketing to Kedron and surrounding suburbs. When selling a home the marketing process often begins long before the property hits the market. We cater to the individual needs of clients by offering assistance and advice; from the planning stages of a new build right through to the design and staging of furniture in established homes, all to ensure a premium sale price. Drone photography & videography, twilight photo shoots & professional brochures are just some of the extras we provide making our marketing strategies the best in the business.

recent house sales activity Kedron

Kedron

4/114 Leckie Road $300,000

2

1

1

Kedron

2

1

4/13 Bradley Avenue $585,000 167m2 2

0

Kedron

2

2

1

Kedron

2/13 Bradley Avenue $595,000 158m2

3

2

1

2

1

1

2

1

1

Kedron

10 Bradley Avenue $815,000 612m2 2

1

56 Armentieres Street $735,000 810m2

Kedron

5

1

224 Turner Road $970,000 683m2

2

5

3

2

1

2

3

1

1

3/13 Bradley Avenue $600,000 158m2 2

1

Kedron

1

1

1

0

Kedron

49 Twelfth Avenue $610,000 405m2

3

1

1

3

1

1

Kedron

64 Ninth Avenue $752,000 607m2 1

3

57 Twelfth Avenue $693,000 607m2

Kedron

3

1

Kedron

24 Mellor Street $640,000 607m2

2

1

15 Bradley Avenue $520,000 265m2

Kedron

3

2

Kedron

47 Fifth Avenue $520,000 329m2

Kedron

29 Emerald Street $717,000 427m2 3

3

2

6/53 Seventh Avenue $367,000

Kedron

59 Thirteenth Avenue $630,000 607m2

Kedron

5

2

Kedron

27 Homebush Road $630,000 405m2

3

2

5 Moree Street $509,000 435m2

Kedron

3

2

Kedron

2/9 Alice Street $355,000

Kedron

5/20 Alice Street $445,000 109m2

2

Kedron

7/17 Mitchell Street $349,000

184 Kitchener Road $765,000 625m2

2

3

2

2

ABOUT this marketplace report. The recent house sales activity is for confirmed settled sales for Kedron that were on record for the months of January, February and March 2016. In compiling this report the author has relied upon information supplied by a number of external sources. The publication is supplied on the basis that whilst every care has been taken in the preparation, no representation has been made and no responsibility is accepted for the accuracy of the whole or any part of the publication by the author. The transactions reported are for settled transactions reported during the period and some properties have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Matthew Jabs, Ross Armstrong and Place by datachurp.

EXCLUSIVE AGENT SHOWCASE Located on the top and right hand side of realestate.com.au the Exclusive Agent Showcase is a great way to cross sell your home through-out other surrounding suburbs and generate optimum buyer enquiry.

It’s all about being seen in the RIGHT PLACE! • All buyers across all price ranges see your property; • Attract buyers not just searching your suburb, but surrounding areas; • Scalability + size = increased views;

• Visually stimulating; • Bigger opening photo option to scroll photos without clicking through; and • Better property description details.

Generally we find properties promoted in a number of suburbs, via our Exclusive Agent Showcase shown to the left, receive more exposure and in turn achieve a premium price.

At Place Newmarket, we can promote your property throughout the following suburbs:

Newmarket · Wilston · Windsor · Wooloowin · Stafford Mitchelton · Kelvin Grove · Gordon Park · Gaythorne Everton Park · Enoggera · Ashgrove

55 Mawson Street, KEDRON SOLD – $855,000 We are proud to announce we have SOLD 55 Mawson Street, Kedron. This uniquely renovated and stunning 5 bedroom, 3 bathroom home, set on a 574m2 block in the much sought after Padua Precinct, sold for a fantastic price and we were able to achieve a great result for the very happy owners.

3/47 Hutchins Street, KEDRON SOLD This stunning new 3 bedroom townhouse, built and finished to the highest standard has sold fora fantastic price. Impeccable design and craftsmanship combined with our marketing strategies generated a large volume of buyer interest, resulting in a great result.

4/47 Hutchins Street, KEDRON SOLD 4/47 Hutchins sold for a great price after being on the market with another agent for six months.

This generously sized townhouse, enticed a discerning buyer looking for a chic home that capitalises on its spacious & private layout.

5/47 Hutchins Street, KEDRON SOLD We are proud to announce we have SOLD 5/47 Hutchins Street, Kedron and were able to achieve a fantastic result for the developers. This beautiful architecturally designed town home, attracted several interested parties during the marketing campaign.

E SU IS

QUARTERLY REPORT

top three reasons why clients choose

matthew jabs & ross armstrong GREAT SERVICE every step of the way that you won't get from anyone else.

AN AGENT WHO KNOWS what's at stake & what that means in today’s marketplace.

EXPERT KNOWLEDGE of your local area so that when it comes time to decide the decision is clear.

MATTHEW JABS

0422 294 272 · matthewjabs@eplace.com.au

ROSS ARMSTRONG

0409 299 653 · rossarmstrong@eplace.com.au

KEDRON PROPERTY

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proudly presented by matthew jabs & ross armstrong your local place agents

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marketplace

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2016,