The Adelaide Hills Review - Spring 2018

The Adelaide Hills Review

Welcome.

Welcome to our Spring 2018 edition of the Adelaide Hills Market Review.

This quarterly snap shot of the Adelaide Hills Property Market will update you on the local market statistics, local real estate news, feature listings and sales as well as community events that we support and love.

We hope you find this review informative and enjoy reading it.

If you ever require any assistance with any real estate needs please remember our Team is always here to help.

Regards, Trent & Kim Shorland

Trent Shorland Principal Officer 0413 519 954

Kimberley Shorland Business Owner  0412 523 723

What's new.

As of July 1st 2018, there has been a new law put in place about paying GST at settlement; purchasers of new residential premises, or a block of land in a new subdivision will be required to pay GST to the ATO at settlement. This is directed at non-compliance by 'property suppliers' who sell properties for a price that includes the GST but who avoid remitting the GST by dissolving their businesses before their next BAS lodgment. This is a form of phoenixing. Purchases before 1 July 2018 settling before 1 July 2020 will be excluded from this new change.

Additionally, it will not apply to the following property transactions: - Sales of existing residential properties; - Sales of new or existing commercial properties; - Lease agreements of more than 5 years; and - Substantially renovated premises To find out more please visit the ATO website.

What's happening?

We love our Adelaide Hills Community A Taste of Beerenberg Relax and learn about the stunning Hahndorf farm over a generous grazing platter of gourmet local produce and Bickfords sparkling beverages, before being released to roam the strawberry fields to hand-pick your own bounty.

To find outmore head to www.beerenberg.com.au/295/Experiences

Adelaide Hills Oktober Fest The inaugural festival will be a family friendly affair with music, traditional dancing, beer and off course plenty of German style food. Prancing Pony Brewery will be brewing two traditional German style beers, which will be served in 1 Litre Steins.

For more details on the event: southaustralia.com/products/adelaidehills/event/adelaide-hills-oktoberfest

What's new on the market.

For Sale

5.04 Ha

4

2

2

2

For Sale

2572sqm

5

3

360 Paechtown Road, Paechtown Auction 26th September

12 Rostrevor Road, Stirling $1,300,000 - $1,400,000

Contact: Sam Oborn 0415 173 133

Contact: Taylor Bishop 0409 256 092

For Sale

405sqm

3

1

1

1

For Sale

13.38Ha

3

2

2

3

2

2

6 Packard Street, Nairne $315,000 - $325,000

106 Angas Plains Road, Belvidere $575,000 - $590,000

Contact: Jo-Ann Heath 0439 886 792

Contact: Trent Shorland 0413 519 954

To view all the properties we currently have for sale visit www.adelaidehills.harcourts.com.au

How is your suburb tracking?

Suburb

Median House Price

Aldgate

$825,000

Bridgewater

$508,000

Crafers

$763,000

Crafers West

$717,000

Heathfield

$735,000

Stirling

$707,000

Uraidla

$605,000

Summertown

$700,000

Lobethal

$425,000

Lenswood

$582,000

Mount Torrens

$676,000

Birdwood

$517,000

Woodside

$518,000

Nairne

$408,000

Littlehampton

$535,000

Mount Barker

$380,000

Hahndorf

$652,000

Balhannah

$490,500

Oakbank

$555,000

24

Properties sold by Harcourts Adelaide Hills Office

35

Average days to sell

75%

Properties sold were houses

$105,000 lowest sale price

$3,575,000 highest sale price

Looking for a change this Spring?

Is Spring your season of change on the home front? We are here to help.

If you are thinking of selling your home, get in touch today to organise a no obligation market appraisal of your property.

Call 8393 7900 to book today!

Sales.

11 Fisher Street, Felixstow

Lot 51, 9 West Street, Mylor

55 Sheoak Road, Crafers

Sold Off-Market

559

$608,000

$250,000

$461,000

19 Herriot Court, Mount Barker

4 Thorngate Drive, Paralowie

35 Kumnick Street, Lobethal

646

805

4

4

2

1

0

2

$405,000

592

3

2

1

853

3

1

3

2

1

2

$310,000

$574,000

164 Melrose Street, Mount Pleasant

36 Harms Avenue, Birdwood

Sold Off-Market

963

$257,000

$445,000

$355,000

15 Claret Ash Drive, Mount Barker

4/3 Church Street, Highgate

220 McLean Road, Birdwood

68 Bristow-Smith Avenue, Goolwa 697

3081

3

5

$604,000

1

2

1

4

x

2

$290,000

1

x

29.75Ha

3

1

3

$720,000

1

1

x

Styling Your Home For Sale.

We give you some of our inside tips and our top reasons on why styling your home is an important part of the sale process.

1 2 3

LOOK BETTER THAN OTHER LISTINGS IN THE STREET. There is no doubt a better presented property attracts more buyers. Don’t miss out on your property standing out at sale time. If your home is not presented well, yet the house up the road is, which will be likely to sell quicker and for more?

SELL YOUR PROPERTY FASTER AND FOR MORE. A property that is 'move-in ready' attracts less negative feedback from buyers. Presenting your property for sale is vital to ensure that all the positives in your home are showcased and the negatives are dealt with leaving buyers little to negotiate price over. Buyers want aspirational living, so ensure your property creates an emotional connection for the buyer.

90% OF BUYERS CANNOT SEE PAST THE CLUTTER It’s a scary figure, but imagine you have 10 parties through your open home; on the statistic above only one party can see past your collections and your possessions gathered over your life time. Imagine the difference it would make if all parties inspecting your home could see themselves living in your home? That’s emotional connection and that’s what sells houses.

4

THE ‘COST’ OF HAVING YOUR HOME PRESENTED IS RECOVERED IN THE SALE Most clients find that the small cost they put into correcting issues or reviewing elements in the home is covered by the quicker selling time or better price achieved. Even if presenting your property saves you a price reduction the investment has been worth it.

5

RIGHT AGENT, REALISTIC PRICE, GREAT PRESENTATION – THE WAY TO SELLING A HOUSE There are three key factors to selling a house; the right agent, the right price and the right presentation. With these three elements ticked off the list you are well and truly on the way to a successful sale.

Sales.

4 Edward Street, Birdwood

Lot 51 Muellers Road, Birdwood

5 Elm Grove, Lobethal

7.6Ha

1068

$370,000

$350,000

$480,000

1 Hallett Road, Littlehampton

56 Burnbank Way, Mount Barker

5/121 Walkerville Terrace, Walkerville

1543

4

1

4

5

2

2

5

3

x

2

1

2

1

415

2166

$177,500

$800,000

$592,500

62A Princes Road, Torrens Park

18 Edmonds Street, Macclesfield

47-49 Princes Road, Nairne

600

4

3

2

4062

4

3

1

2306

5

2

2

$1,650,000

$650,000

$545,000

110 Macclesfield Road, Meadows

615 Randell Road, Birdwood

145 Muellers Road, Birdwood

4.89 Ac

4

$570,000

1

4

7.3 Ha

3

$500,000

2

x

88 Ac

3

$1,350,000

2

x

Sales.

517 Hillview Road, Macclesfield

Lot 50, 9 West Street, Mylor

11 Talunga Street, Birdwood

Sold Off-Market

759

$915,000

$250,000

$285,050

2 Mount Street, Crafers

72 Burnbank Way, Mount Barker

15 Claret Ash Drive, Mount Barker

31 Ac

4502

4

4

1

3

2

2

$580,000

3

$675,000

4

$750,000

77 Old Mount Barker Road, Stirling 3687

2399

2

x

2

2

3081

3

5

$604,000

1

2

x

4

Our Sales Team.

Trent Shorland Director 0413 519 954

Christine Morris Sales Consultant 0419 685 200

Kerry Macaulay Sales Consultant 0427 898 141

Grace Rekruciak Sales Associate 0451 410 748

Sam Oborn Sales Consultant 0415 173 133

Sharon Reeves Sales Consultant 0417 084 333

Taylor Bishop Sales Consultant 0409 256 092

Ian Harvy Sales Consultant 0410 638 570

Kimberley Shorland Director 0412 523 723

Jack Hodgson Sales Consultant 0423 029 621

Jo-Ann Heath Sales Consultant 0439 886 792

Sharon Parsons Sales Consultant 0417 171 119

Michael Lee Sales Associate 0429 961 594

Get in touch.

58 Gawler Street, Mount Barker (08) 8393 7900 156 Mount Barker Road, Stirling  (08) 7210 9700 19 Shannon Street, Birdwood  (08) 8568 5000 sales.adelaidehills@harcourts.com.au