Mansfield Market Report

MARKET REPOR T M A NS F I E L D E D ITIO N

APR - JUN’ 2020

Proudly provided to you by your area specialist Brian Shin 0413 259 087 BrianShin@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

39 Amoria Street

3

1

-

Land (m2)

Sold Date

DOM

Sold Price

610

17/6/20

22

$550,123

1 Ardennes Close

4

2

2

607

17/6/20

22

$831,000

9 Bluebell Street

4

2

2

584

20/5/20

62

$697,123

383 Broadwater Road

3

2

2

763

20/5/20

126

$648,123

24 Buttercup Street

4

2

2

618

25/5/20

93

$720,123

23 Chiniala Street

5

4

3

986

25/5/20

30

$700,123

7 Colington Street

3

2

2

546

6/5/20

8

$722,500

20 Colington Street

3

2

2

556

8/5/20

30

$660,000

16 Condong Street

3

2

-

541

4/4/20

23

$595,000

9 Coolmunda Street

3

1

2

544

20/5/20

41

$700,123

529 Creek Road

4

1

1

556

3/6/20

0

$700,123

48 Cresthaven Drive

3

2

-

551

24/4/20

63

$570,123

2 Danina Street

5

3

2

658

25/5/20

96

$780,123

11 Danina Street

3

2

2

572

25/6/20

124

$650,000

Lot 10/25 Eastwood Drive

-

-

-

400

15/6/20

33

$420,123

Lot 11/25 Eastwood Drive

-

-

-

400

15/6/20

33

$420,123

2 Firthshire Street

3

2

2

629

15/6/20

19

$580,123

15 Gretna Street

3

2

2

602

25/5/20

60

$775,000

8 Handon Street

3

1

2

582

13/5/20

14

$596,000

10 Kane Crescent

4

2

2

787

30/6/20

104

$965,000

3 Leru Street

4

2

1

561

15/6/20

39

$690,123

27 Lewana Street

3

1

1

572

25/5/20

96

$700,123

22 Liatoki Street

4

2

2

539

28/5/20

43

$720,000

32 Liatoki Street

4

3

2

539

25/5/20

14

$851,800

52 Mansfield Place

5

3

3

1023

25/6/20

101

$1,000,123

2 Marissa Close

6

3

-

604

2/5/20

0

$960,000

15 Novello Street

3

2

-

572

20/5/20

32

$751,000

38/189 Wecker Road

3

2

1

205

20/5/20

89

$450,123

235 Wecker Road

4

2

2

550

20/6/20

19

$708,000

Sold by LJ Hooker Sunnybank Hills

$0,123 are estimated figures

29 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: Properties sold

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 NS FI E L D SU B UR B P R O FI L E Here’s an overview of property activity in Mansfield, giving you the fast facts on what happened in Q2 2020.

April to June 2020

Average days on market

P R OPER T Y A C T I V I T Y $1,000,123

50 Days

Median Sale Price

$700,123

Median Gross Yield

Average Sale

$693,526

Lowest Sale

$400,123

(All property types)

Highest Sale

Number of Property Sold

29

Number of House Sold

26

Number of Townhouse Sold

1

Number of Land Sold

2

(Houses - 12 month rolling)

3.7%

Median Gross Yield (Units - 12 month rolling)

4.3%

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

Brian Shin

0413 259 087

BrianShin@ljhsbh.com.au LJ Hooker Sunnybank Hills 25 Pinelands Rd Sunnybank Hills P (07) 3344 0288 W sunnybankhills.ljhooker.com.au