Rochedale Property Report - Autumn/Winter 2022 by QLD Lifestyle Real Estate

Autumn / Winter 2022

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Mt Dan & Janee..

Real Estate is actually more about people and relationships than property. When a seller chooses an agent to act on their behalf, they’re also handing over enormous responsibility. Daniel and Janelle are not only aware of this responsibility, they live and breathe it every day when acting for property sellers in your area. A great selling result happens when the agent has the systems and support to take care of every detail.

Property sellers choose Dan and Janelle because they have built a reputation on attention to detail and delivering three key seller objectives: A top market result, a sale in a reasonable period of time and finally, providing an exceptional and rewarding real estate experience for every selling client. The very best selling results are created by carefully following a proven formula. Hope is not a strategy and luck is not a factor.

Dan and Janelle are committed to helping connect people to the right property. Whether you’re a local, interstate or international, they can help with your lifestyle choices and your investment choices. Rochedale is a flourishing market with Dan and Janelle right in the thick of it!

What our Clients Say 

“World’s best service! No six or seven star?? Daniel is a great communicator with nice manner. His service is absolutely fabulous. Highly recommend. Their service is world best. Janelle keeps looking after me when I need any help. Not just one-off, her service is never ending. Huge appreciated and impressed.” – R Choi, Rochedale

“Genuine and authentic, just wonderful to work with Daniel and Janelle from QLD Lifestyle Real Estate at Rochedale are just the most wonderful people to work with. They genuinely care for people and for their clients. Their reputation means the world to them and they work hard to ensure their integrity and trustworthiness remains strong in our community. I highly recommend this team to work hard for you to sell your property. Thank you so much Daniel and Janelle.” - C McMillan, Rochedale

Dani el Hus arek

Principal / Director

QLD Lifestyle Real Estate

P 07 3841 6449

M 0450 741 626

E daniel.husarek@qlre.com.au

W www.qlre.co m.au

About

Agent

Brisbane Overall Market Insights

Since the start of the interest rate rises in May, media outlets all over the country are continuously sprouting about predicted property market crashes with falls in property prices by as much as 30%, but is this really what’s going on?

Every good economist and market analyst will look to our history as a guide when giving their forecast of what they believe property market is going to do, so let us look at that first.

Taken from economist and real estate investor, Dymphna Boholt, this graph shows the few times over the past 100+ years where property prices have fallen to “almost” 30% below their prior peak. But is our current economy similar to the state it was in during the Great Depression? Considering we are celebrating the strongest Australian economy in 50 years – it doesn’t seem likely we will see the same dramatic drop!

Dymphna found a correlation between property price declines and the availability of credit and has suggested that house prices tend to fall when credit tightens. “So the credit squeeze of the 60s, the recession we had to have, the GFC and the APRA squeeze of 2018. It’s not the price of credit (i.e interest rates) here that matters. It’s the availability of supply.” And if we are going to factor in lending availability, I think we need to understand how much the banks want to make back the billions of dollars of profits they have lost over the past few years of low interest rates. It seems unlikely they will put a squeeze on lending anytime soon!

REIA (Real Estate Institute of Australia) Hall of Famer and Property researcher, Simon Pressley also utilises historical data to encourage people out of the doom and gloom/fear mindset and in his Mid 2022 Property Market Outlook report he reminds people that a “reduced rate of growth is still growth! Further, generations of data suggests that in a normal year in real estate the median house price grows between 2-8%”.

Brisbane Overall Market Insights

So, when you think about it, if Brisbane has experienced about a 30% increase in property values over the past 18 months, even if property prices were to drop 5 - 10% - we are still 20 - 25% ahead compared to 2 years ago, which is above what is expected as a normal rate of growth even with a decline! The recent upswing is important context in the current downturn. Although housing values are on track to record a drop, the risk of widespread negative equity remains low, considering the substantial rise in housing values between September 2020 and April 2022.

Proof of the predicted decline has been recorded with data released by Core Logic in June 22 reporting the pace of quarterly value growth has eased across Queensland from its recent cyclical peak recorded over the three months to April. “Brisbane, has seen growth in housing values flatten out to just 0.1% in June”, states Core Logic’s Research Director, Tim Lawless.

“Although sales activity remained above average throughout the June quarter, it’s likely the number of home sales will continue to drift lower as housing demand cools and lenders become more cautious in their approach towards borrowers,” Lawless warns and he was correct! “It was only two months ago that the Brisbane housing market peaked after recording a 42.7% boom in values. Over the past two months, the market has reversed sharply with values down -1.8% in August after a -0.8% drop in July,” Mr Lawless said.

Housing Cycles Brisbane Housing Cycles Brisbane

Brisbane Overall Market Insights

Consumer sentiment has been impacted by a variety of mitigating factors including the recent change in Government on top of the expected-but-not-quite-prepared-for hard and fast rise in interest rates. “Lower savings and higher expenses along with rising interest rates will have an ongoing impact on borrowing capacity for households. Reduced borrowing capacity is likely to further diminish housing demand and potentially deflect more home buyers towards the middle to lower end of the pricing spectrum’, reported Tim in June 2022. So the property market is now at it’s beginning of ‘change’. But it is worth noting that these changes are more geographically targeted than across the board. For Brisbane, we are seeing a shift, slightly, but a shift nonetheless. The increased growth in selling prices has weakened and demand is definitely softening.

“It’s hard to see housing prices stabilising until interest rates find a ceiling and consumer sentiment starts to improve,” Tim Lawless reports. He further advised that “amid higher advertised stock levels, vendors will be competing across a larger pool of available supply for fewer buyers. While this is positive news for buyers, sellers will need to be realistic in their pricing expectations and ensure they have a quality marketing campaign in place,”

So in English, what does all this mean? Brisbane will start to see more of a downward trend in property prices as Buyer activity quietens down, demand softens and stock levels rise. But it won’t be all doom and gloom for sellers nor will it be a bargain hunters paradise for buyers. There is still too much overall growth in property values at play to have such a negative affect and Brisbane is still an affordable area by comparison to other capital cities across Australia. Not to forget the lifestyle this beautiful state offers us!

At some point, hopefully within the next 6-12 months inflation will ease, the RBA will take their foot off the pedal and interest rate rises will also find their status quo. This will entice a renewed buyer activity which will mean more competition to those buyers that remain in the market and property prices will surge again! At least that sounds like a good plan!

Did you know...?

Nationally, housing conditions remain quite strong, advertised stock levels are still -16.9% lower than last year and almost -40% below the five-year average. Brisbane is also showing low advertised stock levels of - 14.9% relative to this time last year. – Michael Yardney, Property Strategist, June 22

A little bit about Rochedale

The Roche family, the original pioneers and the towns namesake, owned a large portion of Rochedale from 1868. They moved into the area to farm the rich soil, like the many farmers who followed.

In the early 1900’s, the suburb of Rochedale was originally an area of market gardens and large estates with large private homes. The market gardens became established within the region with tropical fruits and vegetables the major crops. In the early 1920s, these large estates were broken into small blocks, but they still continued to operate as farms. Local children attended the Eight Mile Plains School, but with the intensification of horticulture in the suburb, a school was required at Rochedale.

Situated about 25km south-east of the city of Brisbane, the area today is still a mixture of rural and residential land although, with the development of the Rochedale Estates and Arise to kick start the area, the rural properties are now disappearing fast! Originally, small farms covered the northern section and grew a diversity of crops, while the southern section remains mainly residential, with more bushland disappearing each year to make way for the various new estates popping up in the ever-growing suburb!

Rochedale, a sought after location for its proximity to Brisbane CBD and ease of access for both the North and South bound motorways, is becoming an area that is closely populated with over 2500 new homes now in the area and offering affluent yet high density living surrounded by million dollar luxury dwellings.

Rochedale was kept as a green wedge, with productive farms, poultry holdings and a few public uses such as a drive-in cinema and schools. and, controversially, one of Brisbane’s five metropolitan refuse dump and transfer stations.

A little bit about Rochedale

Rochedale Area Profile – 2021 Census Data

•The size of Rochedale is approximately 15.4 square kilometres.

•The population of Rochedale in 2011 was 1,091 people, 2016 was 3171 and the most recent Census Data reported 7633 people living in Rochedale!

• That’s a whopping 599% increase in population growth over 10 years!!

•The predominant age group in Rochedale is 35-44 years.

•There are 2.43% more Females than Males living in Rochedale

• Households in Rochedale are primarily families with children with an average of 3.3 people per household and 0.8 persons per bedroom.

•23.57% of Rochedale’s population are children aged between 0 – 19 years

•In general, people in Rochedale work in a professional occupation with approx. 25% of families reporting a weekly income >$4000

24.14% of people in Rochedale own their homes outright

3.11% Tenure unknown

18.07% of people in Rochedale are renting their home

54.68% of people in Rochedale own their home with a mortgage

Autumn Market Report SOLD Properties

SOLD March 2022 - May 2022

122 Cooper Cres, Rochedale 4123

SALE $738,000 (3rd March 2022) Townhouse, 3b, 2b, 2c, 192m2

10 Satinwood St, Rochedale 4123

SALE $1,980,000 (4th March 2022) House, 5b, 3b, 2c, 665m2

1 Paragon St, Rochedale 4123

SALE $1,860,000 (7th March 2022) House, 4b, 5b, 2c + Pool, 600m2

1 Penfold Cres, Rochedale 4123

SALE $2,800,000 (9th March 2022) House, 5b, 5b, 2c, 473m2

20 Obrist Pl, Rochedale 4123

SALE $1,560,000 (10th March 2022) House, 4b, 2b, 2c, 612m2

30 Brilliant Pl, Rochedale 4123

SALE $1,155,000 (14th March 2022) Land, 512m2

620 Priestdale Rd, Rochedale 4123

SALE $3,350,000 (14th March 2022) Land and House, 6b, 4b, 2c, 4.05HA

82 Resurge St, Rochedale 4123

SALE $1,950,000 (14th March 2022) House, 5b, 4b, 2c, 444m2

37 Parolin Pde, Rochedale 4123

SALE $1,430,000 (15th March 2022) House, 4b, 2b, 2c, 320m2

228 Rochedale Rd, Rochedale 4123

SALE $2,800,000 (19th March 2022) House, 4b, 3b, 7c, 7641m2

32 Brilliant Pl, Rochedale 4123

SALE $1,070,000 (21st March 2022) Vacant Land 441m2

79 Skyview Ave, Rochedale 4123

SALE $1,250,000 (21st March 2022) House 4b, 2b, 2c, 505m2

61 Finch Pde, Rochedale 4123

SALE $820,000 (21st March 2022) House, 4b, 2b, 2c, 251m2

17 Kestrel St, Rochedale 4123

SALE $1,500,000 (22nd March 2022) House, 4b, 2b, 2c, 400m2

28 Panorama St, Rochedale 4123

SALE $1,750,000 (24th March 2022) House, 5b, 5b, 2c, 414m2

45 Panorama St, Rochedale 4123

SALE $1,220,000 (25th March 2022) House, 4b, 3b, 2c, 319m2

10 McDermott Pde, Rochedale 4123

SALE $1,492,000 (26th March 2022) House, 4b, 2b, 2c, 400m2

17 Properties SOLD in March with a Total sales value of $28,725,000

52/81 Major Dr, Rochedale 4123

SALE $765,000 (3rd April 2022) Townhouse, 4b, 2b, 2c, 176m2

52 Perring Cres, Rochedale 4123 SALE $1,730,000 (8th April 2022) House, 5b, 3b, 2c, 402m2

136 Parklands Cct, Rochedale 4123

SALE $1,485,000 (11th April 2022) House, 4b, 2b, 2c, 400m2

319 Gardner Rd, Rochedale 4123

SALE $800,000 (11th April 2022) Land 357m2

68 Finch Pde, Rochedale 4123

SALE $850,000 (19th April 2022) Townhouse, 4b, 2b, 2c, 256m2

7 Perring Cres, Rochedale 4123

SALE $1,165,000 (22nd April 2022) House, 4b, 2b, 2c, 321m2

11 Finch Pde, Rochedale 4123

SALE $1,200,000 (22nd April 2022) House, 4b, 2b, 2c, 521m2

11 Aspire St, Rochedale 4123 SALE $1,620,000 (23rd April 2022) House, 5b, 4b, 2c, 500m2

85 Skyview Ave, Rochedale 4123

SALE $1,251,000 (23rd April 2022) House, 3b, 2b, 2c, 489m2

115 Cooper Cres, Rochedale 4123 SALE $1,215,000 (26th April 2022) House, 4b, 2b, 2c, 320m2

4 Eagle Pde, Rochedale 4123 SALE $1,360,000 (27th April 2022) House, 4b, 2b, 2c, 477m2

11 Properties SOLD in April with a Total sales value of $13,441,000

17 Fisher St, Rochedale 4123

SALE $1,295,000 (2nd May 2022) House, 4b, 2b, 2c, 304m2

17 Skyview Ave, Rochedale 4123 SALE $1,450,000 (4th May 2022) House, 5b, 3b, 2c, 568m2

682 Grieve Rd, Rochedale 4123 SALE $1,900,000 (7th May 2022) House, 3b, 1b, 2c, 2.45Ha

Autumn Market Report SOLD Properties

SOLD March 2022 - May 2022

20 Plateau Pl, Rochedale 4123

SALE $1,525,000 (7th May 2022

House, 4b, 3b, 2c, 391m2

58 Eagle Pde, Rochedale 4123

SALE $835,000 (8th May 2022 Townhouse, 4b, 2b, 2c, 205m2

40 Aspire St, Rochedale 4123

SALE $1,720,000 (10th May 2022)

House, 4b, 2b, 2c, 554m2

658 Underwood Rd, Rochedale 4123

SALE $3,250,000 (18th May 2022) House, 4b, 2b, 10c, 1.07Ha

184 Cooper Cres, Rochedale 4123

SALE $775,000 (25th May 2022) Townhouse, 3b, 2b, 2c, 192m2

8 Properties SOLD in May with a Total sales value of $12,750,000

Did you know...?

Brisbane home sales are trending lower, but remained about 20% above the five-year average over the three months ending August. – Michael Yardney, Property Strategist, Sept 22

Summary

Autumn Market Report Summary

Sales History 1Mar2022–31May2022 Quantity Lowest SaleHighest Sale Average Total Value House 28 $820,000$3,350,000$1,711,714$47,928,000 Land 3 $800,000$1,155,000$1,008,333$3,025,000 Townhouse 5 $738,000 $850,000 $792,600$3,963,000 TOTAL 36 $54,916,000 Sales History by Property Attributes House Quantity Lowest Sale Highest Sale Average 6 Bed 1 $3,350,000 $3,350,000 $3,350,000 5 Bed 7 $1,450,000 $2,800,000 $1,897,142 4 Bed 18 $820,000 $2,250,000 $1,563,722 3 Bed 2 $1,251,000 $1,900,000 $1,575,500 Townhouse 3 Bed 2 $738,000 $775,000 $756,000 4 Bed 3 $765,000 $850,000 $816,000 Disclaimer: Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law exclud es all for any loss or damage arising in connection with the data and information contained in this publication. Based on or contains data provid ed by the State of Queensland (Department of Natural Resources Mines and Energy) 2020. In consideration of the State permitting use of this data you acknowledge and agree that the State gives no warranty in relation to the data (including accuracy, reliability, completeness, currency or suitability) and accepts no liability (including without limitation, liability in negligence) for any loss, damage or costs (including consequential damage) relating to any use of the data. Data must not be used for direct marketing or be used in breach of the privacy laws: more information at http://www.propertydatacodeofconduct.com.au/ttsvr/n/qvas 195. Disclaimer: These statistics are solely based on re sale residential properties sold and settled during the 1 Mar 2022 31 May 22 periods Numbers are exclusive of local Home and Land packages and developer lots sold. Autumn Market Report Summary SOLD March 2022 - May 2022

Winter Market Report SOLD Properties

SOLD June 2022 - August 2022

44 Eagle Pde, Rochedale 4123

SALE $860,000 (1st June 2022) Townhouse, 4b, 2b, 2c, 206m2

58 Eagle Pde, Rochedale 4123

SALE $835,000 (8th June 2022) Townhouse, 4b, 2b ,2c, 205m2

6 Alex Pl, Rochedale 4123

SALE $1,505,000 (10th June 2022) House, 5b, 5b, 2c, 405m2

11 Bock St, Rochedale 4123

SALE $690,000 (10th June 2022) Vacant Land 485m2

20 Grand St, Rochedale 4123

SALE $1,600,000 (13th June 2022) House, 5b, 3b, 2c, 500m2

157 Splendour St, Rochedale 4123

SALE $1,650,000 (14th June 2022) House, 4b, 3b, 2c, 336m2

82 Grieve Rd, Rochedale 4123

SALE $1,000,000 (15th June 2022) 3b, 1b, 2c, 1Ha

27 Panorama St, Rochedale 4123

SALE $1,760,000 (18th June 2022) House, 4b, 3b, 2c 506m2

42 Wombat Cres, Rochedale 4123

SALE $1,400,000 (21st June 2022) House, 4b, 2b, 2c 400m2

9 Properties SOLD with a Total sales value of $11,300,000

70 McDermott Pde, Rochedale 4123

SALE $805,000 (2nd July 2022)

Townhouse, 3b, 2b, 2c, 280m2

29/55 Francis Ave, Rochedale 4123

SALE $702,000 (4th July 2022) 3b, 2b, 2c, 177m2

43 Finch Pde, Rochedale 4123

SALE $815,000 (4th July 2022) Townhouse, 4b, 2b, 2c, 270m2

32 Platypus Cct, Rochedale 4123

SALE $1,655,000 (5th July 2022)

5b, 3b, 2c, 687m2

1 Raptor St, Rochedale 4123

SALE $1,590,000 (5th July 2022) 5b, 3b, 2c, 336m2

682 Grieve Rd, Rochedale 4123

SALE $1,900,000 (6th July 2022) 3b, 1b, 2c, 2.5Ha

14 Walnut St, Rochedale 4123

SALE $1,680,000 (9th July 2022) 4b, 4b, 2c, 477m2

6 Francis Ave, Rochedale 4123

SALE $1,270,001 (10th July 2022) 5b, 2b, 2c 400m2

84 McDermott Pde, Rochedale 4123

SALE $735,000 (18th July 2022) Townhouse, 3b, 2b, 2c, 193m2

45 Hillcrest St, Rochedale 4123

SALE $1,370,000 (19th July 2022)

4b, 2b, 2c, 391m2

26 Ross St, Rochedale 4123

SALE $1,160,000 (23rd July 2022) 4b, 2b, 2c, 426m2

28 Elevate St, Rochedale 4123

SALE $2,039,000 (29th July 2022) 5b, 4b, 2c, 455m2

12 Properties SOLD with a Total sales value of $15,721,000

112 Parklands Cct, Rochedale 4123

SALE $1,351,000 (4th August 2022)

5b, 3b, 2c, 323m2

45 Cooper Cres, Rochedale 4123

SALE $1,512,000 (4th August 2022)

4b, 2b, 2c, 477m2

55 McDermott Pde, Rochedale 4123 SALE $1,916,000 (8th August 2022) 5b, 3b, 2c, 710m2

36 Ford Rd, Rochedale 4123 SALE $1,300,000 (22nd August 2022)

4b, 1b, 4c, 1000m2

43 McDermott Pde, Rochedale 4123

SALE $1,781,000 (23rd August 2022)

4b, 3b, 2c, 654m2

41/55 Francis Ave, Rochedale 4123 SALE $730,000 (29th August 2022) Townhouse, 3b, 2b, 2c, 169m2

6 Properties SOLD with a Total sales value of $8,590,000

Autumn Market Report Summary Summary Sales History 1June2022–31August2022 Quantity Lowest SaleHighest Sale Average Total Value House 19 $1,000,000$2,039,000$1,549,421$29,439,000 Land 1 $690,000 $690,000 Townhouse 7 $702,000 $860,000 $783,142$5,482,000 TOTAL 27 $35,611,000 Sales History by Property Attributes House Quantity Lowest Sale Highest Sale Average 5 Bed 8 $1,270,001 $2,039,000 $1,615,000 4 Bed 9 $1,160,000 $1,781,000 $1,512,000 3 Bed 2 $1,000,000 $1,900,000 $1,450,000 Townhouse 3 Bed 4 $702,000 $805,000 $743,000 4 Bed 3 $815,000 $860,000 $836,000 Disclaimer: Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law exclud es all for any loss or damage arising in connection with the data and information contained in this publication. Based on or contains data provid ed by the State of Queensland (Department of Natural Resources Mines and Energy) 2020. In consideration of the State permitting use of this data you acknowledge and agree that the State gives no warranty in relation to the data (including accuracy, reliability, completeness, currency or suitability) and accepts no liability (including without limitation, liability in negligence) for any loss, damage or costs (including consequential damage) relating to any use of the data. Data must not be used for direct marketing or be used in breach of the privacy laws: more information at http://www.propertydatacodeofconduct.com.au/ttsvr/n/qvas 195. Disclaimer: These statistics are solely based on re sale residential properties sold and settled during the 1 June 2022 31 August 22 periods. Numbers are exclusive of local Home and Land packages and developer lots sold. Winter Market Report Summary SOLD June 2022 - August 2022

New Housing Estates in Rochedale

Aluna Estate 315 Gardner Road, Rochedale FINAL RELEASE NOW SELLING 4 bedroom terrace homes, 2 & 3 levels, starting from $828,000

Arbor Rochedale Stages 1, 2 & 3 SOLD OUT

Arbor Residences 491 Miles Platting Rd, Rochedale SELLING NOW

3 & 4 bedroom terrace homes starting from $814,900 with estimated completion due in December 2022

Armida Estate 319 Gardner Road, Rochedale SOLD OUT

Armida Residences 319 Gardner Road, Rochedale SELLING NOW 3 Level, 4 bedroom townhouses

Arise Estates

Evergreen Stage 1 SOLD OUT

Evergreen Stage 2 1 LOT LEFT 426m2 selling for $980,000 ($2300 per sqm)

Evergreen Stage 3A SOLD OUT

Evergreen Stage 4 4 LOTS LEFT from 287m2 selling for $690,000 – 396m2 selling for $715,000 Stages still to come for Evergreen – 3B & 5

Pinnacle Stage 5 5 LOTS LEFT from 505m2 selling for $1,000,000 – 630m2 selling for $1,200,000

Pinnacle Stage 2, 3 & 4 SOLD OUT Stages still to come for Pinnacle – 6,7,8,9,10 & 11

Citrine Rochedale 311 Gardner Road, Rochedale COMING SOON 3 & 4 bedroom townhouses

Lily Rochedale 21 Lorisch Way, Rochedale COMING SOON

Boutique complex with 36 Townhomes comprising of 3 and 4 bedrooms

Maison Rochedale Stage 2 ONLY 4 LOTS LEFT

Mayfair Lane SOLD OUT

Parkside Residences 25 School Road, Rochedale SOLD OUT Complex of 85 4 bedroom townhomes

Solaris Estate 313 Gardner Road, Rochedale SOLD OUT

Architecturally designed complex with 47 3 & 4 bedroom terrace homes

Current Rochedale Land Prices (March 2021 – September 2022)*

Land Size

Price per sqm

Total Value

March 2021 312 sqm $1643 $510,000

September 2021 402 sqm $1763 $698,000

March 2022 338 sqm $2189 $740,000

September 2022 367 sqm $2419 $888,000

That’s an increase of 35.21% over 12 months!! *

*Above data is accurate at time of writing.

Mt Daniel

You’ve probably seen Dan’s friendly face around Rochedale at some point over the last ten plus years. Working the land sales oﬃce at Rochedale Estates, he’s helped hundreds of families with their Rochedale real estate choices. Now he’s helping hundred’s more, servicing Rochedale & surrounding suburbs through his own business, Queensland Lifestyle Real Estate.

Growing up in the building industry with his Dad & two older brothers, Dan’s always known what it’s like to work hard. It’s a trait that has helped him move to selling houses rather than putting roofs on them. And it’s a trait that stokes his passion in life – helping you make the right real estate choices.

The ultimate people-person, Dan is committed to helping connect you with the right property. He has a reputation of going above & beyond for his sellers and buyers alike, building life-long relationships with all he gets to work with.

A genuine, honest, reliable family man, we haven’t met anyone who doesn’t think Dan is a great bloke. He’s down-to-earth and not-for-show, so if you need a straight shooter in your corner… Dan’s the man! Whether you’re local, interstate or international, he can help with your lifestyle & investment choices.

el Hus arek

/ Director

Lifestyle Real Estate

P 07 3841 6449

M 0450 741 626

E daniel.husarek@qlre.com.au

www.qlre.co

About the Agent

Dani

Principal

QLD

m.au “A genuine, honest, reliable family man, we haven’t met anyone who doesn’t think Dan is a great bloke. ”

What you’ll find in Rochedale

Residential Estates

Current Estates – The Rochedale Estates, Arise Estate, Hydeberry, Arbour, Maison, Mayfair Lane, Armida, Solaris, Aluna, Parkside, Lily

School Catchment

Primary – Rochedale State School

Secondary – Rochedale State High School

Private

Primary – St Peters Catholic Primary School, Redeemer Lutheran College

Secondary – John Paul College, Citipointe Christian College

Early Learning Centres

Rochedale Kids Early Learning Center

Rochedale Early Learning Center

NEW Sunkids Early Learning Centre

Café’s & Dining

Guzman & Gomez

Vasu Indian Gourmet

McDonalds

Hungry Jacks

Flying Pepper Café

DaBang Coffee House Hana on Rochedale Cache Cache

Jolly Swagman Café

Passion Sushi

Unkempt Espresso Bar

Hutongli Restaurant

Rochedale Community & Sporting Clubs

Rochedale Neighbourhood Watch

Rochedale Rays Swimming Club

Rochedale Rovers Football Club

Rochedale Ravens Junior Football Club

Rochedale Tigers Rugby League Club

Rochedale Girl Guides

Rochedale Scouts

Rochedale Community Garden... just to name a few

Rochedale Churches

St Phillips Anglican Church

New Heart Baptist Church

New Creation Grace Church

Our Saviour Lutheran Church

Brisbane Chinese Allianz Church

Korean Church

Shopping Centers

Local

Rochedale Central – IGA Rochedale Village – Coles Rochedale Shopping Village – Drakes Rochedale Markets

Major Westfield Garden City Westfield Carindale

Parks & Playgrounds

Pask Family Park Kev Vanstone Park

Strawberry Fields Place NEW Fischer Family Park

Public Transport

Local Bus Iines - Closest Stop – Gardner Road Brisbane Metro busline - Leaves from Eight Mile Plains station to the City every 15 minutes

Coming Soon!

Brisbane Metro Depot – Completion expected Mid 2023

Development & Infrastructure Updates

Brisbane Metro Depot

Brisbane Metro will be a key part of Brisbane’s greater transport network linking the city to the suburbs and making it easier to connect with the people and places you love and Rochedale will be home to the end of route depot for the fleet of electric metros.

Delivery of the Brisbane Metro depot at School Road, Rochedale is well underway with construction works expected to be completed by mid 2023.

Once completed, the Depot will house 60 fully electric vehicles produced by world-leading vehicle manufacturer HESS, in conjunction with Brisbane based manufacturer Volgren.

The depot will be one of the biggest and most technologically advanced facilities within Australia, with the fleet facilitating travel across Brisbane in association with existing bus services.

The fleet developed by HESS is a ‘green’ step in the right direction, vehicles are equipped with an advanced battery fuel source with zero tailpipe emissions. This sits in line with Brisbane City’s climate goals of reducing emissions by 30% by 2030.

Rochedale residents will have premier access to this new fleet and a new station being developed in Rochedale as part of Pacific Motorway (M1) upgrades being completed by The Department of Transport and Main Roads.

The new Rochedale station is a part of the South East Busway extension upgrade and is situated between Eight Mile Plains and Springwood bus station (see map for location), expected to be completed in 2024.

The new Rochedale station will also include park ‘n’ ride facilities with capacity for more than 400 vehicles, offering a new opportunity of active transport for residents of Rochedale.

Paciﬁc Motorway (M1) Upgrade Stage 2 - Eight Mile Plains to Daisy Hill

Development & Infrastructure Updates

Rochedale & Priestdale Road intersection

The Rochedale & Priestdale Road intersection has long been a bone of contention for local motorists, particularly during peak hour periods. Currently a single lane roundabout, this intersection usually carries 19,200 vehicles daily and with the high volume of traﬃc and turning movements through the intersection along with a lack of safe crossing points it’s also diﬃcult for pedestrians to cross at the roundabout.

After much lobbying, Brisbane and Logan City Council’s have come together to resolve this issue and we will soon be seeing a new intersection!

This project will replace the existing roundabout at Rochedale Road and Priestdale Road in Rochedale with a signalised intersection. The project will include: four through lanes on Rochedale Road, two through lanes on Priestdale Road, signalised crossings, cycle paths and off road shared paths on all four legs. Expected completion date will be end 2022. Upcoming Road Changes include the Gardner Road extension through to Priestdale/School Road which has an estimated completion date in 2024.

Rochedale Subdivisions

Development application has been submitted for a 70 Lot subdivision at 240 Gardner Road.

Development application has been submitted for a 70 Lot subdivision at 487 Rochedale Road.

Artists Impression - Aerial view of intersection

Summary Sales History Mar 2021 May 2021

Summary Sales History Jun 2021 Aug 2021

Summary Sales History Sept 2021 Nov 2021

Summary Sales History Dec 2021 Feb 2022

Disclaimer: These statistics are solely based on re sale residential properties sold and settled during 1st March 2021 31st February 2022 periods. Numbers are exclusive of local Home and Land packages and Development lots sold.

Quantity Lowest SaleHighest Sale Average Total Value House 27 $750,000$1,720,000$1,269,820$43,173,888 Land 8 $444,260$24,000,000$3,327,640$29,948,760 Terrace 8 $665,000$751,000$678,000$5,424,0000 TOTAL 43 $78,546,648

Quantity Lowest SaleHighest Sale Average Total Value House 17 $810,000$2,600,000$1,424,029$24,208,500 Townhouse 3 $645,000$777,000$724,333$2,173,000 TOTAL 20 $26,381,500

Quantity Lowest SaleHighest Sale Average Total Value House 31 $748,888$2,750,000$1,181,888$36,638,552 Land 2 $650,000$680,000$665,000$1,330,000 Terrace 4 $565,000$642,000$608,000$2,432,000 TOTAL 39 $37,650,552

Quantity Lowest SaleHighest Sale Average Total Value House 24 $840,000$3,800,000$1,297,934$29,852,500 Land 9 $660,000$798,000$719,600$3,598,000 Terrace 9 $575,000$650,000$626,100$5,634,900 TOTAL 42 $39,085,400 Lookingback -12-month comparisons Rochedale March2021 – February2022 Looking back - 12-month comparisons Rochedale March 2021 - February 2022

Sales History Mar 2022

Sales History Jun 2022 -Aug 2022

Looking back - 12-month comparisons Disclaimer: These statistics are solely based on re sale residential properties sold and settled during 1st March 2022 31st August 2022 periods. Numbers are exclusive of local Home and Land packages and Development lots sold. Summary

– June 2022 Quantity Lowest SaleHighest Sale Average Total Value House 28 $820,000$3,350,000$1,711,714$47,928,000 Land 3 $800,000$1,155,000$1,008,333$3,025,000 Townhouse 5 $738,000$850,000$792,600$3,963,000 TOTAL 36 $54,916,000 Summary

Quantity Lowest SaleHighest Sale Average Total Value House 19 $1,000,000$3,800,000$1,549,421$29,439,000 Land 1 $690,000 $690,000$690,000 Terrace 7 $702,000$860,000$783,142$5,482,000 TOTAL 27 $35,611,000 Lookingback -12-month comparisons Rochedale March 2022 - August 2022

Lookingback -12-month comparisons

Mar2021 –May2021

39Properties SOLD $37,650,552

Totalsales value

Mar 2022 –May2022

36Properties SOLD $54,916,000 TotalSales value

That’s a 45%increase in value ofpropertiesSOLD

June 2021 – Aug2021

Totalof 45 PropertiesSOLD

June 2022 – Aug2022

Totalof 27 PropertiesSOLD

That’s a 35%decrease in number ofpropertiesSOLD

Autumn 2021 vs Autumn 2022 (Mar May)

9.4%

Lowest house price Increaseof9.4%

Winter 2021 vs Winter 2022 (Jun –Aug)

19%

Lowest house price Increaseof19%

21.8%

Highest house price Increaseof21.8%

46%

Highest house price Decrease of 46%

32.4%

Terrace house price Increaseof32.4%

32.4%

Terrace house price Increaseof32.3%

81 Propertieswere SOLD betweenMar Aug2021 63 Propertieswere SOLD betweenMar Aug2022

That’s a 22%decreasein properties soldforthesametimelastyear!

Themarketis showingsigns ofchangewith a 9%decrease in theaveragesales pricefrom lastquarter!

**No land sales have been included as there is no data on re sale land for this period

NOTE The above statistics have been produced by the Australian Bureau of Statistics 2016 Census ABS.

NOTE TheabovestatisticshavebeenproducedbytheAustralianBureauofStatistics 2016 CensusABS.

45% 35% VS VS

Lookingback -12-month comparisons Rochedale Rentals (as advertised online) 1 Mar –31 Aug2022 350 GrievesRoad,Rochedale 4 bed,3 bath,2 car,pool 3.27 Ha 21 Townhouses 47 Houses68 Propertiesleased* 9/55 FrancisStreet, Rochedale - 3 bed, 2 bath, 1 car townhouse *Note – these figures do not include properties leased without online advertising, nor do they include leases renewed. Most Expensive Property Leased $1600 perweek Least Expensive Property Leased $580perweek ResidentialVacancy Rates Brisbane ResidentialVacancy Rates Brisbane Rochedale Rental Activity March - August 2022 (2021 vs 2022)

Rental Activity

Lookingback -12-month comparisons

Townhouses Leased

3 Bedroom 9

Lowest rental $580 pw

Highest rental $650 pw

Average rental $608 pw

Lowest rental $590 pw

4 Bedroom 12

Highest rental $700 pw

Average rental $665 pw

Houses Leased

4 Bedroom 29

Lowest rental $600 pw

Highest rental $1600 pw Average rental $856 pw

Lowest rental $750 pw

5 Bedroom 15

Highest rental $1300 pw

Average rental $950 pw

Lowest rental $900 pw

6 Bedroom 3

Highest rental $1000 pw

Average rental $935 pw

*Note – these figures do not include properties leased without online advertising, nor do they include leases renewed.

{

{ Gross Rental Yields (based on averages) Rochedale Houses 2.94% 3.05% 4 Bedroom5 Bedroom 4.2% 4.13% 3 Bedroom4 Bedroom 3.5% 5.1% Houses Units Rochedale Townhouses Compared to Greater Brisbane Rochedale

March - August 2022

Property Gross Rental Yield - Brisbane, QLD

As reported in the Core Logic Hedonic Home Value Index report on the 1st September, Tim Lawless explains that rental demand, although easing by way of month on month growth in rental rates, will continue to increase as migration normalizes and the outlook for rents remains one of further growth amid little to no signs of a material rise in rental supply.

The annual rental growth across Brisbane sits at 14.1% over the 12 months ending August 2022. “With rents consistently rising while housing values broadly trend lower, gross rental yields are firmly in recovery mode.” Mr Lawless further states that whilst yields are still below their pre-Covid levels, as housing values lower and rents rise, rental yields will return to normal levels (4.0%) over the next year.

City: Brisbane

Head of Property Management

Mt Janee

Janelle is a personable & outgoing agent with whom you immediately get a sense of trust & comfort. Continuously developing her real estate skills & career, currently spanning 20+ years, Janelle is committed to providing an unmatched service to all clients. She does this by putting her heart and soul into looking after every person & every property she works with, which puts her in a class of her own.

Working from the front, never hesitating to go above & beyond, Janelle’s adaptable & proactive attitude coupled with her solid work ethic ensures she is thorough, eﬃcient, resourceful & innovative. Her unique style forms the foundation for successful long-term business relationships.

A direct yet personable communicator, Janelle’s negotiating skills along side her ability to listen & understand her clients needs, provides her with the ability to create positive outcomes no matter how challenging the task.

Anyone who works with Janelle will feel comfortable, respected & worry free knowing they are in professional hands & will always receive the highest level of customer service.

L.R.E.A.

3841

0400 960

janelle.platt @qlre.com.au

is a personable & outgoing agent with whom you immediately get a sense of trust & comfort.”

Janelle Platt

Managing Partner & Property Manager QLD Lifestyle Real Estate P 07

6449 M

291 E

W www.qlre.co m.au “Janelle

Why Choose QLRE Property Management

Reasons to Choose QLRE Property Management

It’s all about peace of mind. We want you to feel comfortable that your investment is in the best hands possible, that it’s being maintained to its best possible conditi on, and that you’re receiving the very best possible returns from it. We’re experts at this and we do it everyday, so what might seem daunti ng or ti me-consuming or confusing to you is easy and familiar for us We take the hassle out of it for you, whether this is your fi rst investment or you’re a seasoned pro.

As experts in Rochedale and the surrounding areas, we have a second-to-none knowledge, understanding and passion for the region (and Property Management of course!. Combine this with our dedicati on to achieving great investment results, and you’ve found your perfect real estate agency.

Landlord Testimonials

“If I could give more stars I would! I have had dealings with many real estate agents over the years across 3 states, and Janelle Platt by far is the most professional, supportive, intuitive and helpful real estate agent. I have no hesitation in recommending her services and Queensland Lifestyle Real Estate.”

Tenant Testimonials

– D Krklec, Rochedale Landlord

“We were tenants with Queensland Lifestyle Real Estate for 18 months and can highly recommend them. Janelle is such a great property manager, we really appreciate her professionalism, honesty and attention to detail. Any problems with the house were dealt with quickly and efficiently. Her communication and commitment to her job are top notch! ” E Bridge, Past Rochedale Tenant

Try us for FREE! *Conditions Apply. Contact Janelle for more information.

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