Felix Apartments Market Report - April Edition by joseph konop

F E L I X

Ap ri lE di t i on

Apar t ment s Mar k et r epor t

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SE L L E RT OOL S

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How t ogetsol dAudi o Somet i mesi thel pswhenyoursel l er scanhearwhatt heyneedt ohearf r om someone el se.HowToGetSOLD!I sat i mel yr emi nderf ormot i vat edsel l er st hatt i meont hemar ket i sacr i t i calf act ori nsel l i ngf ormor e. Anexcel l entl eadgener at ort oat t r actnewsel l er sandamot i vat i ngr emi nderf orcur r ent cl i ent st hatneedal i t t l e' PUSH' .

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What ’ syourpr oper t ywor t h? Don’ tmi ssoutonyourFREE,noobl i gat i onRepor tf oryourpr oper t y I t ’ s2010andt hebi gquest i ononever ypr oper t yowner s’ mi ndi s,di dt hepr i ceofmypr oper t y gr oworshr i nkdur i ng2009? Youmaybel ooki ngatmovi ngt oanewhome,sel l i ngt ouset hecapi t alyouhavegai nedor per hapsyouj ustwantani deaoft heequi t yt hat ’ snowavai l abl et oassi styoui nyourpor t f ol i o deci si onsf or2010. GOODNEWS!Wehavet heanswer ! Wehavej ustupgr adedt oAust r al i a’ smostaccur at epr oper t yPr i ceFi ndersyst em andcan epor tt hatcont ai nsst at i st i calchar t sf oryoursubur bal ong pr ovi deyouwi t haFREE,6page r wi t hr ealt i mesal esr esul t sofpr oper t i essi mi l art oyour s.Al loft hi spl usanest i mat eont he cur r entmar ketval uebasedonar evol ut i onar ynewsyst em t hatwi l lest i mat easal eorr ent al pr i ce.

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Sales Search Report - Chart Report Search Criteria Building:

Sale Date:

Search Summary Sale Price

FELIX

Lowest Highest Total

06/10/2005 to 06/04/2010

$ 250,000 $ 1,375,000 $ 68,067,750

Area 61 m² 247 m² 13,389 m²

Sale Price: Land Size:

Any

Property

Any

Sales Found:

150

Year

No. of Sales

Average

Moving Median

Growth

Low

High

$ 403,000

$ 452,000

2005

$ 422,000

$ 415,000

2006

$ 391,105

$ 394,750

-4.9 %

$ 250,000

$ 685,000

2007

$ 486,181

$ 440,000

11.5 %

$ 290,000

$ 1,100,000

2008

$ 439,219

$ 442,500

0.6 %

$ 315,000

$ 600,000

2009

$ 506,795

$ 482,500

9.0 %

$ 324,000

$ 1,375,000

This report has been compiled on 06/04/2010 by RE/MAX Everything Property Group. Property Data Solutions Pty Ltd 2010 - www.pricefinder.com.au The materials provided are distributed as an information source only. © The State of Queensland (Dept. of Natural Resources, Mines and Energy) April/2010. Based on data provided with the permission of the Dept. of Natural Resources, Mines and Energy: (QVAS) April/2010. The Dept. of Natural Resources, Mines and Energy makes no representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason.

Sales Search Report - Image Report Search Criteria Building:

Sale Date:

Search Summary Sale Price

Area

Lowest

$ 324,000

61 m²

Highest

$ 1,375,000

185 m²

Average

$ 509,750

88 m²

Median

$ 475,000

89 m²

Total

$ 10,704,750

1,852 m²

FELIX

06/04/2009 to 06/04/2010

Sale Price: Land Size:

Any

Property

Any

BRISBANE CITY

185 MARY ST, BRISBANE CITY L63 SP140116:PAR NORTH BRISBANE

$ 445,000

24/09/2009

95 m²

$ 499,000

17/08/2009

92 m²

$ 480,000

30/12/2009

92 m²

$ 494,000

14/12/2009

92 m²

UBD Ref: Brisbane - 004 P4

BRISBANE CITY 185 MARY ST, BRISBANE CITY L72 SP140116:PAR NORTH BRISBANE UBD Ref: Brisbane - 004 P4

BRISBANE CITY 185 MARY ST, BRISBANE CITY L82 SP140116:PAR NORTH BRISBANE UBD Ref: Brisbane - 004 P4

BRISBANE CITY 185 MARY ST, BRISBANE CITY L137 SP140116:PAR NORTH BRISBANE UBD Ref: Brisbane - 004 P4

This report has been compiled on 06/04/2010 by RE/MAX Everything Property Group. © Property Data Solutions Pty Ltd 2010 - www.pricefinder.com.au The materials provided are distributed as an information source only. © The State of Queensland (Dept. of Natural Resources, Mines and Energy) April/2010. Based on data provided with the permission of the Dept. of Natural Resources, Mines and Energy: (QVAS) April/2010. The Dept. of Natural Resources, Mines and Energy makes no representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason.

BRISBANE CITY 185 MARY ST, BRISBANE CITY L161 SP140116:PAR NORTH BRISBANE

$ 325,000

20/11/2009

62 m²

$ 428,000

07/09/2009

73 m²

$ 495,000

20/04/2009

89 m²

UBD Ref: Brisbane - 004 P4

BRISBANE CITY 185 MARY ST, BRISBANE CITY L195 SP140116:PAR NORTH BRISBANE UBD Ref: Brisbane - 004 P4

BRISBANE CITY 185 MARY ST, BRISBANE CITY L212 SP140116:PAR NORTH BRISBANE UBD Ref: Brisbane - 004 P4

BRISBANE CITY

185 MARY ST, BRISBANE CITY L218 SP140116:PAR NORTH BRISBANE

$ 324,000

16/06/2009

62 m²

$ 450,000

12/08/2009

73 m²

UBD Ref: Brisbane - 004 P4

BRISBANE CITY 185 MARY ST, BRISBANE CITY L224 SP140116:PAR NORTH BRISBANE UBD Ref: Brisbane - 004 P4

BRISBANE CITY

185 MARY ST, BRISBANE CITY L256 SP140116:PAR NORTH BRISBANE

$ 530,000

03/12/2009

95 m²

UBD Ref: Brisbane - 004 P4

BRISBANE CITY

185 MARY ST, BRISBANE CITY L258 SP140116:PAR NORTH BRISBANE

$ 351,000

23/09/2009

62 m²

$ 491,000

05/05/2009

89 m²

UBD Ref: Brisbane - 004 P4

BRISBANE CITY 185 MARY ST, BRISBANE CITY L272 SP140116:PAR NORTH BRISBANE UBD Ref: Brisbane - 004 P4

BRISBANE CITY

185 MARY ST, BRISBANE CITY L296 SP140116:PAR NORTH BRISBANE

$ 1,375,000

09/04/2009

185 m²

UBD Ref: Brisbane - 004 P4

BRISBANE CITY

185 MARY ST, BRISBANE CITY L302 SP140116:PAR NORTH BRISBANE

$ 500,000

23/12/2009

89 m²

UBD Ref: Brisbane - 004 P4

BRISBANE CITY 185 MARY ST, BRISBANE CITY L312 SP140116:PAR NORTH BRISBANE

$ 505,000

23/12/2009

89 m²

UBD Ref: Brisbane - 004 P4

BRISBANE CITY

185 MARY ST, BRISBANE CITY L314 SP140116:PAR NORTH BRISBANE

$ 460,000

29/06/2009

80 m²

UBD Ref: Brisbane - 004 P4

BRISBANE CITY

185 MARY ST, BRISBANE CITY L317 SP140116:PAR NORTH BRISBANE

$ 855,000

31/07/2009

150 m²

UBD Ref: Brisbane - 004 P4

BRISBANE CITY

185 MARY ST, BRISBANE CITY L328 SP140116:PAR NORTH BRISBANE

$ 332,750

09/07/2009

61 m²

UBD Ref: Brisbane - 004 P4

BRISBANE CITY

185 MARY ST, BRISBANE CITY L334 SP140116:PAR NORTH BRISBANE

$ 475,000

15/06/2009

80 m²

UBD Ref: Brisbane - 004 P4

BRISBANE CITY 185 MARY ST, BRISBANE CITY L344 SP140116:PAR NORTH BRISBANE

$ 460,000

12/06/2009

80 m²

UBD Ref: Brisbane - 004 P4

BRISBANE CITY

185 MARY ST, BRISBANE CITY L361 SP140116:PAR NORTH BRISBANE

$ 430,000

27/04/2009

62 m²

UBD Ref: Brisbane - 004 P4

T E ST I MONI AL S RE/ MAXEver yt hi ngPr oper t yar eagr eatcompanyt odealwi t handIwoul dr ecommendt hem t oanyone.Thei rf ol l owupand at t ent i ont odet ai li ssuper bandi nt hi sdayandage,i ti st hi sst yl eofoper at i onalmanagementt hati st hemosti mpor t antt hi ngf or cl i entsat i sf act i on. RHONDABANNI STER Iwi sht ot hankyouandyourt eam f orf ant ast i ccust omerser vi ceyoudemonst r at edt hr oughyourpr of essi onal i sm, passi onandent husi asm. Iwoul dhi ghl yr ecommendyout omyf ami l yandf r i endsl ooki ngt obuyorsel lt hei ri nnerci t ypr oper t y . SANELALALI C Mi chel l eandIwoul dl i ket ot hankyou,Edwi naandCassi ef ort hef ant ast i cser vi ceandpr of essi onal i sm youhaveal l pr ovi dedf r om t heout set . I nt heeventt hatweshoul dl ookt osel lapr oper t yi nt hef ut ur e,wewoul dhavenohesi t at i oni nengagi ngyourt eam. Thankyouf orcont i nual l ygoi ngoutofyourway . VI CTORBORZI LLO Bef or eIpur chasedmyCBDResi dent i alpr oper t y3109/ 128Char l ot t eSt r eet ,Ihadmadeanumberofvi si t st oBr i sbane l ooki ngatpr oper t i esi nsur r oundi ngsubur bswi t hot herdi f f er entr ealest at eagent s.WhenIappr oachedyourof f i ceon t he26/ 09/ 08yourt eam hadamor epr of essi onalwayofpr esent i ngt hemsel vesandal sopr ovi di ngt her el aventi nf or mat i on ont hepr oper t i esIwasl ooki ngatst r ai ghtupf r ont .Mostoft heot heragent sIdeal twi t hdi dnotseem t ohavet hesame appr oachasyourt eam di d. Imustadmi tiwaspl easedwi t ht heser vi cepr ovi dedbyal lt hest af fatRE/ MAXEver yt hi ngPr oper t yGr oupandwi shyou successi nt hef ut ur e. BRI ANSANDERSON Eacht i mewedealwi t hyourt eam,wedosoconf i dent l y ,knowi ngt hatyouar eaheadoft hegamewi t hal loft he pr epar at i onsofasal e.Not hi ngi sl ef tt ochance.Deal i ngwi t hRE/ MAXEver yt hi ngPr oper t yi sal owmai nt enance, l owr i skexper i ence. Manyser vi cepr ovi der st odayhavel ostsi ghtoft hef actt hatgoodbusi nessi saboutr el at i onshi p,&t r ust . Wear epl easedt oyetagai ndealwi t hyourt eam,becauseyouunder st andt hesepr i nci pl es,andunder st andus. NEI L&MARLENEFI NDLAY

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We make buyers pay more...not less RE/MAX Everything Property Group Recovery Rate What is a Recovery Rate? Recovery Rate is a term used in Real Estate showing the difference between an initial offer and the final sale price. This recovery rate relies entirely on the salespersons ability to negotiate towards achieving the highest sale price for the Seller.

PROPERTY

INITIAL OFFER

SALE PRICE

%DIFFERENCE

1902/151 George St, BRISBANE CITY

$585,000

$670,000

14.53%

238/420 Queen St, BRISBANE CITY

$400,000

$450,000

12.50%

129/420 Queen St, BRISBANE CITY

$420,000

$440,000

4.76%

3702/151 George St, BRISBANE CITY

$670,000

$755,000

12.69%

74/321 Main St, KANGAROO POINT

$600,000

$650,000

8.33%

RE/MAX Everything Property’s Average Recovery Rate

10.84%

Our ongoing commitment to educational development in negotiation skills across all demographics and states of the market ensure that we make buyers pay more for your property...not less.

EverythingPropertyGroup.com T:1300 128 011 F: 07 3221 5970 E: info@everythingpropertygroup.com Level 11, 320 Adelaide St, BRISBANE CITY | GPO Box 2078, BRISBANE, 4000 Each office independently owned and operated

We’re different on the inside... take a closer look 10 Reasons why you won’t get generic Real Estate services from us We’ve researched what have been the best and worst experiences for property sellers using Brisbane Real Estate companies. We then came up with 10 top things we do to ensure our special customers get exactly what they’re looking for!

1: Because we service a market place that deals with time poor, busy professionals we’ve researched how soon our special customers want a reply to their email or phone call. The verdict...under 4 business hours! Test us against our competitors, we have advanced systems in place to ensure you or you’re prospective purchaser gets attention...pronto! 2: We’re a new age agency realising that over 40% of property purchasers first locate their perfect property by visiting a Real Estate office website. Next to no interest is generated by window advertising in an inner city location. This is why we no longer waste your money on expensive CBD window retail space. Instead we divert these important funds into the development of EverythingPropertyGroup.com along with technology that helps your property to get more interest online. According to ALEXA.com, EverythingPropertyGroup.com is now the most visited Brisbane based Real Estate web site. Our clients’ ego is more important than our own! 3: Migration into Brisbane is exploding and 63% of prospective Brisbane buyers and owners come from interstate or overseas. RE/MAX is the only truly international real estate organisation with over 110,000 Sales & Marketing Associates in 78 different countries. We’re connecting Brisbane to the world servicing the needs of customers our worldwide colleagues connect with and exposing your property through 6,503 RE/MAX offices! 4: Equal opportunity is important to everyone. It’s even more important in Real Estate to encourage fellow Agents to bring the purchaser willing to pay the highest price for your property to the negotiating table. This is why we provide an equal amount of reward to any other Real Estate Agent working with your most suitable purchaser. All in all, we’re legally obliged to act in your best interests in EVERYTHING we do! 5: We’re a marketing company given the privilege to sell your biggest asset for the biggest price. We’ve researched what results come from what avenues. It wouldn’t be professional (or smart) of us to ask you to invest your hard earned cash into marketing mediums that are not going to give you the biggest bang for your buck! 6: We’re overstaffed, but c’mon...it is deliberate! We have a ratio of 1.5 support staff to every two Sales & Marketing Consultants. This enables us to outperform our competitors when it comes to service and attention to detail, along with enabling our Sales & Marketing Consultants to do what they do best, spend more time searching for your property’s best purchaser! 7: Have you met an Agent whose only advice is to take your property to Auction? We specialise in selling properties by all modern methods of sale. Our goal is to match the method of sale to YOUR unique needs. 8: We have a massive Contact Management System...okay we know you’ve heard that before. But it’s how we use it that counts! We enjoy the highest amount of repeat purchasers in the industry through the quality and informative content we constantly produce to keep in contact in more ways, more often. Try our most popular product, the weekly E-update service, simply by subscribing at EverythingPropertyGroup.com! 9: We’re lead by an internationally recognised industry genius that is a sought after speaker at Real Estate events. Our new age team culture embraces ongoing weekly training by our accredited Life Coach. We recognise that it’s important that we’re happy & growing on the inside so that we can give more to those on the outside! 10: We guarantee to produce better quality marketing material than anybody else in the industry. Talk to the team member looking after you about our 60 Day Sale Guarantee, if we can’t live up to the service we promise to get the result you want, we will sell your property for FREE! That’s enough of us tooting our own horn...now we would like to have the opportunity to toot yours! (Your property that is)!

We understand time is important...

that’s why we offer our Sold in 60 Days Guarantee

It’s simple, your Property SOLD in 60 Days or we will sell it for FREE After all we’re a professional marketing company, marketing your property to a worldwide marketplace of Buyers in order to obtain you the highest possible price. We believe our new age marketing material and methods is of the highest standard in the industry and if you’re prepared to provide us with the honour of marketing your largest asset, then we think it’s only fair that we back up what we say with an industry first Guarantee! At RE/MAX Everything Property Group, we think talk is cheap so your commitment to us deserves our full commitment to you. Conditions Apply including the use of our Standard Marketing Package as a minimum. Please see the Team Member looking after you for our 60 Days Guarantee Commission Waiver Document for full terms and conditions.

Your commitment to us deserves our full commitment to you EverythingPropertyGroup.com T:1300 128 011 F: 07 3221 5970 E: info@everythingpropertygroup.com Level 11, 320 Adelaide St, BRISBANE CITY | GPO Box 2078, BRISBANE, 4000 Each office independently owned and operated