Wishart Market Report

MARKET REPOR T WI S H A R T E D I TI O N

APR - JUN’ 20 20

Proudly provided to you by your area specialist

Kosma Comino 0438 365 222 KosmaComino@ljhsbh.com.au Rob Senic Sales Associate

Martin Newsome Personal Assistant to Kosma

Y OUR O N E ST O P S H O P W I T H BO T H S A L E S AND R ENTA LS SER VIC ES

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 market in your neighbourhood, and what they’ve been selling for this quarter.

Property Address

Land (m2)

Sold Date DOM

Sold Price

26 Auckland Street

-

-

-

400

7/5/20

38

$485,000

16 Avenell Street

4

2

-

574

6/4/20

54

$668,500

27 Cambridge Place

5

2

2

748

28/4/20

21

$1,090,000

14/5/20

9

$1,160,000

16/5/20

19

$687,000

28 Cambridge Place

5

3

3

1061

2 Chelva Street

3

2

2

621

24 Kensington Place

4

2

3

700

12/6/20

79

$790,000

21 Koola Street

3

2

2

445

27/4/20

53

$1,200,000

47 Koola Street

3

2

2

606

6/6/20

26

$850,000

9 Mockingbird Court

4

2

2

864

30/5/20

25

$900,000

193 Mt Gravatt-Capalaba Rd

4

2

2

579

28/4/20

71

$673,000

41 Stackpole Street

3

2

-

577

18/4/20

18

$653,000

Sold by LJ Hooker Sunnybank Hills

AG E N T P E R FO R M A N C E Kosma Comino

27%

All Other Agencies

2 7 % M AR K E T S H A R E IN WISHART

S OLD BY K OS MA COMI NO

out of 60 Agents

out of 60 Agents

No. 1

Average Sale Prices

$848K

Kosma Comino

3 SALES

No. 1

Average Days on Market

$826K

24 Days

All Other Agents

Kosma Comino

vs

43 Days All Other Agents

11 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

WISHART S U B UR B P R O FI L E Here’s an overview of property activity in Wishart, giving you the fast facts on what happened in Q1 2020.

11

Properties sold

10

Houses sold

0

1

Townhouses sold

Land sold

$790k Median Sale Price

Average Sale Price

$1,200k

Average Days on Market

Highest Sale Price

$832k

38 Days

LOO K I NG FO R A H A S SL E - F R E E SELLING EXP E R I E N C E ?

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

Kosma Comino

0438 365 222

KosmaComino@ljhsbh.com.au

No.1

No.1

National Office

Brisbane Office