Inner Brisbane Property Report | Jake Mackay

INNER BRISBANE property report July - December 2014 JAKE MACKAY

Snapshot of Fortitude Valley Sales | July - December 2014 Address

Bed

Bath

Car

Sale Price

Sold Date

1

332/1000 Ann St, Fortitude Valley

2

2

1

$510,000

19/12/2014

2

10/120 Robertson St, Fortitude Valley

3

2

2

$625,000

26/09/2014

3

230/1000 Ann St, Fortitude Valley

1

1

1

$400,000

16/08/2014

4

216/455A Brunswick St, Fortitude Valley

1

1

1

$240,000

30/12/2014

5

26/25 James St, Fortitude Valley

3

2

1

$677,500

24/10/2014

6

126/83 Robertson St, Fortitude Valley

2

2

1

$466,500

15/12/2014

7

704/1000 Ann St, Fortitude Valley

2

1

1

$430,000

28/12/2014

8

24/46 Arthur St, Fortitude Valley

2

2

1

$490,000

01/10/2014

9

301/367 Brunswick St, Fortitude Valley

4

2

1

$800,000

29/07/2014

3

2

1

$540,000

12/12/2014

10 10/50 Anderson St, Fortitude Valley

Fortitude Valley Statistics | July - December 2014 No. Sold

Median

Highest

Lowest

Average Rent

Average Yield

70

$481,000

$800,000

$170,000

$500pw

5.3%

Fortitude Valley Median Price

1994

2004

2014

$183,500

$300,000

$473,000

The information in this report is being provided by RP Data. Its accuracy cannot be guaranteed. Parties should rely on their own enquires and McGrath will not be liable for error or admissions herein.

Snapshot of Newstead and Teneriffe Sales | July - December 2014 Address

Bed

Bath

Car

Sale Price

Sold Date

1

10/258 Arthur St, Teneriffe

3

2

1

$640,000

13/08/2014

2

511/19 Masters St, Newstead

1

1

1

$410,000

16/12/2014

3

220/64 Macquarie St, Teneriffe

2

2

1

$670,000

26/10/2014

4

16/27 Cunningham St, Newstead

2

2

2

$825,000

04/09/2014

5

603/8 Skyring Tce, Teneriffe

2

2

2

$607,500

16/09/2014

6

60/20 Newstead Tce, Newstead

3

2

2

$915,000

16/10/2014

7

16/46 Chermside St, Teneriffe

1

1

1

$377,000

29/12/2014

8

5/52 Newstead Tce, Newstead

2

2

1

$465,000

04/10/2014

9

2/286 Harcourt Street, Teneriffe

2

2

1

$700,000

08/11/2014

3

2

2

$1,450,000

03/11/2014

10 504/54B Newstead Tce, Newstead

Newstead and Teneriffe Statistics | July - December 2014 No. Sold 95

Median $716,000

Highest $1,450,000

Lowest $330,000

Average Rent

Average Yield

$527pw

4.35%

Newstead and Teneriffe Median Price

1994

2004

2014

$320,000

$523,000

$716,000

Meet your local agent

How long have you been in Inner Brisbane?

What do you like best about it?

I have worked in the inner city suburbs of Brisbane for over 7 years now, it’s a vibrant area, I love the mix of heritage and contemporary precincts which have evolved over the past few years. I also love the active lifestyle most residents embrace here.

Regarding your job, what motivates you?

There are many elements to real estate however there is nothing more motivating than exceeding a client’s expectations whether it’s achieving a great price or even how a property is presented to market.

Dream house?

This would be an apartment with some sort of water outlook, I like the industrial style of the Woolstores for a city base and would love a little unit on the Sunshine Coast across the road from the beach to visit on weekends.

Favourite spot for coffee?

Belle Époque at Emporium or Sourced Grocer.

Describe the perfect Inner Brisbane day/weekend?

For me it would involve some early morning exercise outdoors, breakfast somewhere local.

A few drinks at Sixes and Sevens and dinner, Tartufo at Emporium would be top of the list!

What’s your favourite neighbourhood, anywhere in the world? Why? I love Fortitude Valley for its unique attributes as an entertainment precinct and rapidly growing residential area, I think that cultural element it offers is great. On a trip last year to Queenstown, New Zealand, I did fall in love with the town centre overlooking the lake and surrounding mountains, it was amazing how people were drawn to the outlook and relaxing sitting in the parks, very cute place!

If you weren’t in real estate, what would you be doing?

Growing up I had a fascination with drawing floor plans, hundreds of them. I think I would be working in some sort of architectural drawing/ drafting field.

Jake Mackay | 0430 283 293 | jakemackay@mcgrath.com.au