Macgregor Market Report

MARKET REPOR T M A C GR E G OR E D ITIO N

APR - JUN’ 20 20

Proudly provided to you by your area specialist

Gary Liu 0450 996 993 GaryLiu@ljhsbh.com.au LJ Hooker Sunnybank Hills 25 Pinelands Rd Sunnybank Hills QLD 4109 P (07) 3344 0288 W sunnybankhills.ljhooker.com.au

PRO P E R TY S A L E R E S ULT S This information is designed to give you a sense of the different property types in each area, and what they’ve been selling for this quarter.

Property Address

Land (m2)

Sold Date

DOM

Sold Price

11 Benaud Street

4

2

2

594

15/6/20

307

$750,123

11 Carnoustie Street

5

2

1

659

23/6/20

53

$720,000

16 Crestgarden Street

3

2

8

625

16/4/20

41

$840,000

15 Epsom Street

5

2

2

690

13/6/20

24

$925,000

20 Fernshaw Street

3

1

2

597

29/6/20

19

$650,123

26 Gonzales Street

3

1

2

617

21/4/20

554

$542,000

503/20 Grout Street

2

2

1

-

24/4/20

232

$450,000

35/14 Le Grand Street

3

2

2

-

1/6/20

657

$355,000

3/16 Le Grand Street

2

2

1

-

15/6/20

150

$400,000

101/16 Le Grand Street

3

2

1

-

28/5/20

20

$550,000

12 Skipton Street

3

1

2

546

15/4/20

12

$658,000

10 Sunderland Street

4

3

3

782

4/4/20

30

$990,000

12 Wills Place

5

4

3

1045

23/6/20

34

$1,610,000

Sold by LJ Hooker Sunnybank Hills

$0,123 are estimated figures

SALE S Q U IC K SUM M A R Y

HOU SE S

U NITS

M EDI AN P RI CE

750K

AVG DA YS ON MA R KE T

425K

AVG DA YS ON MA R KE T

$

$

M EDI AN P RI CE

119DAYS

265DAYS

13 Sales

in the area

Where were the properties sold?

The map on the right shows you where the properties were sold in the last quarter. You can see if your area is a popular pocket.

Key: sold by LJ Hooker Sunnybank Hills sold by other agencies

Interest rates unlikely to go into negative territory The Reserve Bank of Australia announced that the cash rate will be held at 0.25% with the Board re-affirming it will not increase the rate until progress is being made towards full employment and it is confident that inflation will be sustainably within the 2–3% target band.

Ms Nerida Conisbee, chief economist at realestate.com. au, said she believes interest rates probably won’t be cut any further as the Reserve Bank continues to look at quantitative easing to make sure that the financial system continues to operate.

“We’ll continue to see more fiscal measures announced, so major infrastructure projects and the like. We’ve got the budget coming up in a few months so that will be really interesting to see what is proposed.”

Source: realestate.com.au; bit.ly/2DkZVo0

M A C G R E GO R SU B UR B P R O FI L E Here’s an overview of property activity in Macgregor, giving you the fast facts on what happened in Q2 2020.

April to June 2020

P R OPER T Y A C T I V I T Y (All property types)

Highest Sale

$1,610,000

Median Sale Price

$658,000 $726,173

Average Sale

$355,000

Lowest Sale Number of Property Sold

13

Number of House Sold

9

Number of Unit Sold

4

Number of Land Sold

0

Average Price Change from Q1 2020

+3.0% Average days on market

164 Days Median Gross Yield (Units - 12 month rolling)

6.8%

L OO KIN G FO R A H A SSL E - F R EE SEL LING E XP E R I E N C E ?

Contact Gary Liu for a comprehensive market appraisal today. Gary and our team will bring you a stress-free real estate journey with a maximized result.

Gary Liu

0450 996 993 GaryLiu@ljhsbh.com.au

LJ Hooker Sunnybank Hills 25 Pinelands Rd Sunnybank Hills P (07) 3344 0288 W sunnybankhills.ljhooker.com.au fb.me/gary.ljhooker

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