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Spring Hill Market Update HOUSES Stats at a glance

$1.020m MEDIAN HOUSE PRICE Up 11.4% in the last 12 months from $915.5k

74 AVERAGE DAYS ON MARKET

36%

A word from Jonzun & Brendan

AUCTION CLEARANCE RATE

We have buyers for your property A common catch phrase espoused by agents to potential sellers is … “We have buyers for your property”… like they have them in their back pocket. The truth is any agent can say that and it has become so common that it is taken like a grain of salt. What all sellers want are qualified buyers for their property, not just a buyer. One of the benefits of selling in Spring Hill and inner city over many years is that I get calls or emails every day from buyers about properties we have on the market or those wanting to leave their details and requirements with the proviso we contact them as soon as we get a property that fits their requirements. We have a rigorous database system where we record every buyer that makes an enquiry with us by phone, online or that we meet at our Weekly Opens. We note their buying requirements and price ranges. We have a system where we can match buyers and properties seamlessly. The reason we can make off- market sales. The point is that the buyer for your property may well be in our database. With Spring here soon and a shortage of homes for sale in Spring Hill, now may be the time to capitalise on this. Don’t believe me? If you are thinking of selling, let us SHOW you the buyers we have right now for your property.

TOWNHOUSES Stats at a glance

$625k MEDIAN TOWNHOUSE PRICE Down 22.5% in the last 12 months from $806k *Large drop is due to less expensive/lower volume of townhouse sales occurring in the suburb

41 AVERAGE DAYS ON MARKET

100% AUCTION CLEARANCE RATE

Number of house sales (June 2016 - June 2017) Year

Spring Hill

Petrie Terrace

New Farm

2003

45

35

87

2004

40

26

103

2005

35

28

109

2006

41

26

82

$415k

2007

39

22

93

MEDIAN APARTMENT PRICE

2008

33

18

69

2009

21

28

58

2010

36

17

69

101

2011

12

21

50

AVERAGE DAYS ON MARKET

2012

20

11

62

2013

25

21

73

2014

32

25

84

2015

25

23

67

2016

22

17

74

2017

13

13

51

APARTMENTS Stats at a glance

Up 6.1% in the last 12 months from $391k

Source: Pricefinder/Realestate.com.au/RPdata

10% AUCTION CLEARANCE RATE

Jonzun Lee 0418 885 708 jonzunlee@mcgrath.com.au Brendan Lee 0488 093 381 brendanlee@mcgrath.com.au


Recent sales: Spring Hill houses Address

Sale Price

Sale Date

Features

20 Gloucester Street

$1.1m

10/08/17

4 Bed, 2 Bath, 2 Car

429 Gregory Terrace

$1.452m

27/05/17

118 Isaac Street

$875k

27 Parish Street

Size

Price/sqm

Days on market

205sqm

$5,366

79

4 Bed, 2 Bath, 2 Car

453sqm

$3,205

26

19/05/17

3 Bed, 3 Bath, 1 Car

228sqm

$3,837

8

$1.13m

09/05/17

4 Bed, 2 Bath, 1 Car

228sqm

$4,956

69

60 York Parade

$1.77m

01/04/17

5 Bed, 3 Bath, 4 Car

498sqm

$3,554

316

71 Isaac Street

$875k

30/03/17

3 Bed, 2 Bath, 1 Car

202sqm

$4,331

13

10 York Parade

$1.8m

24/03/17

3 Bed, 2 Bath, 2 Car

329sqm

$5,471

60

19 York Parade

$1.26m

11/03/17

5 Bed, 2 Bath, 2 Car

245sqm

$5,142

29

35 Isaac Street

$1.020m

03/02/17

4 Bed, 2 Bath, 2 Car

202sqm

$5,050

32

36 Rosa Street

$950k

01/02/17

5 Bed, 3 Bath, 4 Car

304sqm

$3,125

78

227 Water Street

$827.5k

25/01/17

3 Bed, 1 Bath, 2 Car

405sqm

$2,043

11

Sale Price

Sale Date

Features

Price/sqm

Days on market

1/257 Boundary Street

$900k

05/06/17

3 Bed, 3 Bath, 3 Car

284sqm

$5,366

45

1/42 Grenier Street

$700k

01/04/17

3 Bed, 2 Bath, 2 Car

-

$3,205

30

5/42 Grenier Street

$625k

02/03/17

3 Bed, 2 Bath, 1 Car

-

$3,837

0

4/58 York Parade

$548k

14/01/17

2 Bed, 2 Bath, 1 Car

178sqm

$4,956

62

35B Wedd Street

$800k

09/01/17

4 Bed, 2 Bath, 2 Car

228sqm

$3,554

91

8/42 Grenier Street

$580k

22/11/16

3 Bed, 2 Bath, 2 Car

101sqm

$4,331

20

1/22 Robert Street

$735k

13/07/16

3 Bed, 3 Bath, 2 Car

152sqm

$5,471

120

3/257 Boundary Street

$806k

14/05/16

3 Bed, 3 Bath, 1 Car

190sqm

$5,142

24

2/42 Grenier Street

$655k

08/05/16

3 Bed, 2 Bath, 1 Car

119sqm

$5,050

42

9/108 Victoria Street

$630k

07/05/16

3 Bed, 2 Bath, 2 Car

115sqm

$3,125

78

4/159 Gregory Terrace

$870k

06/05/16

3 Bed, 2 Bath, 2 Car

241sqm

$2,043

24

Price/sqm

Days on market

Recent sales: Spring Hill townhouses Address

Size

Recent sales: Spring Hill apartments Address

Sale Price

Sale Date

Features

Size

49/69 Leichhardt Street

$585k

02/08/17

3 Bed, 2 Bath, 2 Car

-

-

514

3/27 Birley Street

$259k

18/07/17

1 Bed, 1 Bath, 1 Car

-

-

146

8/189 Leichhardt Street

$157.5k

05/07/17

1 Bed, 1 Bath, 1 Car

30sqm

$5,250

193

15/189 Leichhardt Street

$157.5k

05/07/17

1 Bed, 1 Bath, 1 Car

30sqm

$5,250

62

36/451 Gregory Terrace

$475k

28/06/17

2 Bed, 2 Bath, 1 Car

119sqm

$3,991

14

26/67 St Pauls Terrace

$417k

16/06/17

2 Bed, 1 Bath, 1 Car

-

-

19

12/287 Wickham Terrace

$640k

12/06/17

3 Bed, 2 Bath, 2 Car

129sqm

$4,961

-

610/8 Dickens Street

$310k

06/06/17

1 Bed, 1 Bath, 1 Car

67sqm

$4,627

91

24/119 Leichhardt Street

$430k

06/06/17

2 Bed, 1 Bath,1 Car

-

-

44

9/179 Kennigo Street

$341k

02/06/17

1 Bed, 1 Bath, 1 Car

-

-

294

122/51 Hope Street

$430k

15/05/17

2 Bed, 1 Bath, 2 Car

87sqm

$4,943

54

Source: Pricefinder/Realestate.com.au/RPdata The information in this newsletter is being provided by RP Data/Price finder and other third party sources. Their accuracy cannot be guaranteed. Parties should rely on their own enquires as Jonzun Lee and McGrath will not be liable for any error or omission herein.

springhillrealestate.com.au

Newsletter Spring Hill - August 2017 (Jonzun Lee)  

Jonzun Lee's Monthly Spring Hill QLD 4000 Property Newsletter Update, August 2017 Edition.