Richardson&Wrench
Woolloongabba, Kangaroo Point & South Brisbane Quarterly Market Update July - September 2021
Matthew Paxton
"Matthew's professionalism and friendly nature made selling my first home a pleasant experience" - Natalie, WOOLLOONGABBA
Matthew began his Real Estate career in 2015 as a property manager after completing an apprenticeship and working in the construction industry for 6 years. This has given him valuable insight into all forms of building and housing. With Matthew excelling in the property management side of the industry, he has transitioned seamlessly into sales. Matthew has a likeable approach to people and is an engaging, dedicated, and valued member of the R&W team. He is always ready to go "the extra mile" in achieving all of his clients' requirements. He also prides himself on being able to achieve excellent results for both buyer and seller. With a passion for customer service and providing value to all, he understands the importance of contact with clients as well as being eager to get to know them and understand their needs.
Matthew Paxton
Executive Sales Agent matthew@rwbrisbane.com.au | 0499 401 381
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© 2021 R&W. All Rights Reserved.
R&W | 2021 Q3 Quarterly Market Update
Selling off the Market The way we live and work is changing daily and
Want to know how this would work for you or
so is the way we buy and sell property. The new
what the ‘Off-Market’ value of your property
normal is privately matching qualified buyers
is?
with sellers. Secretly Matthew Paxton and his team have been doing this for years. Off-Market Listing is what it is called. What this means is:
Speak to Matthew Paxton, the Woolloongabba Off-Market expert.
- No signage
- No newspaper
- No big marketing budget
- No mass open homes or auctions
- 24/7 concierge team with digital
contracts via docusign
0499 401 381 matthew@rwbrisbane.com.au
We have privately sold 1000’s of properties Off-Market via these methods where other agents failed and wasted vendors time and money on extra advertising.
R&W | 2021 Q3 Quarterly Market Update
© 2021 R&W All Rights Reserved.
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Woolloongabba Houses
Units
$912,500
4.58%
$436,000
2.71%
Median Price
Quarterly Growth
Median Price
Quarterly Growth
$548
24.7
$400
62.6
Weekly Median Rent
Weekly Median Rent
Days on market
56
$
88
$
Number of Sales
Days on market
Number of Sales
3.12%
4.77%
Gross Rental Yield
Gross Rental Yield
Woolloongabba Recently Sold Properties
2
2
1
2
2
1
12/81 ANNERLEY ROAD $445,000 Date Sold: 15 Sep 2021
4
2
2
1
14/6 LOCKHART STREET $466,000 Date Sold: 23 Sep 2021
702/7 JEAVONS LANE $695,000 Date Sold: 23 Sep 2021
© 2021 R&W. All Rights Reserved.
3
2
1611/62 LOGAN ROAD $730,000 Date Sold: 02 Sep 2021
2
2
2
1
502/70 CARL STREET $470,000 Date Sold: 13 Sep 2021
3
1
6
3 ROSS STREET $1,100,000 Date Sold: 27 Aug 2021
R&W | 2021 Q3 Quarterly Market Update
Kangaroo Point Houses
Units
$1,186,000
10.07%
$520,000
1.61%
Median Price
Quarterly Growth
Median Price
Quarterly Growth
$600
67.2
$470
68.9
Weekly Median Rent
Weekly Median Rent
Days on market
28
$
262
$
Number of Sales
Days on market
Number of Sales
2.63%
4.70%
Gross Rental Yield
Gross Rental Yield
Kangaroo Point Recently Sold Properties
1
1
1
8/15 GOODWIN STREET $439,000 Date Sold: 27 Sep 2021
1
1
1
1107/44 FERRY STREET $370,000 Date Sold: 17 Sep 2021
R&W | 2021 Q3 Quarterly Market Update
5
3
2
1
1
23/75 THORN STREET $232,000 Date Sold: 17 Sep 2021
1
1
1
46/89 LAMBERT STREET $400,000 Date Sold: 20 Sep 2021
18 NEVILLE STREET $1,660,000 Date Sold: 20 Sep 2021
1
1
1
1
602/18 THORN STREET $405,000 Date Sold: 15 Sep 2021
© 2021 R&W All Rights Reserved.
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South Brisbane Units
$495,000
$
Median Price
$480
Weekly Median Rent
287
1.54%
Number of Sales
Quarterly Growth
5.04%
82.7
Gross Rental Yield
Days on market
South Brisbane Recently Sold Properties
1
1
1
21201/33 MANNING STREET $446,000 Date Sold: 28 Sep 2021
2
2
1
1503/15 MANNING STREET $899,000 Date Sold: 21 Sep 2021
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© 2021 R&W. All Rights Reserved.
3
3
2
3005/15 MANNING STREET $2,195,000 Date Sold: 27 Sep 2021
2
2
1
1301/2-4 EDMONDSTONE STREET $610,000 Date Sold: 17 Sep 2021
3
2
2
32802/1 CORDELIA STREET $1,130,000 Date Sold: 22 Sep 2021
1
1
1
38 HOPE STREET $430,000 Date Sold: 15 Sep 2021
R&W | 2021 Q3 Quarterly Market Update
Matthew Paxton Recently Sold Properties
$
47
$508,238
21
Average Sale Price
2
2
2
902/37-39 REGENT STREET, WOOLLOONGABBA, QLD 4101 $510,000 Date Sold: 22 Sep 2021
2
2
1
602/70 CARL STREET, WOOLLOONGABBA, QLD 4102 Price: Contact Agent Date Sold: 09 Sep 2021
R&W | 2021 Q3 Quarterly Market Update
Average Days on
Number of Sales
2
2
1
502/70 CARL STREET, WOOLLOONGABBA, QLD 4102 $470,000 Date Sold: 13 Sep 2021
2
1
1
202/77 JURGENS STREET, WOOLLOONGABBA, QLD 4102 Price: Contact Agent Date Sold: 11 Aug 2021
Market
4
2
2
20 BELLESTAR STREET, GRIFFIN, QLD 4503 $602,500 Date Sold: 08 Sep 2021
3
2
2
507/8 DESHON STREET, WOOLLOONGABBA, QLD 4102 $637,500 Date Sold: 10 Aug 2021
© 2021 R&W All Rights Reserved.
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What My Clients Say SELLER OF APARTMENT IN WOOLLOONGABBA I recently sold my property in Woolloongabba. When first looking into it I approached several different agents, 2 of which stood out. I eventually chose Matt to sell the property and I 110% made the right choice. His knowledge and expertise not only in real estate but in woolloongabba/city is second to none. He sold my property off market as well saving me the cost of marketing. Do not let Matts age fool you, if you want your property sold quick and easy Matt is the man for the job!!
BUYER OF APARTMENT IN WOOLLOONGABBA I just bought my first apartment in Woolloongabba and Matt could not have been more helpful throughout the process. He actually found the beautiful property (which I ended up purchasing!) that was within my budget - we NEVER would have found it without him. He also helped us get a finance extension with the seller when we needed it. He is approachable, competent, responsive, and has a lovely manner. Truly an agent who will go above and beyond. Thanks Matt!
SELLER OF APARTMENT IN SPRING HILL Matt went above and beyond in assisting us with a quick sale. As we live in Sydney Matt was our eyes, hands and feet on the ground. Matt is honest, to the point and professional. I will most definitely be using him again for future transactions and can highly recommend him as your agent.
BUYER OF APARTMENT IN EAST BRISBANE Matt knows the market so well that when I wanted to purchase my first investment property (4th property purchase), I bought the first unit that he took me to see. It was off market, but Matt knew that it was exactly what I was looking for. Matt is patient, knowledgeable and deserves every dollar of the commission that he has earned. I know that when I am ready to purchase a second investment, or even if I want to sell a property, I'll be calling Matt.
BUYER OF HOUSE IN WYNNUM WEST We were lucky enough to have Matthew assist us in purchasing a house recently and cannot speak highly enough of his service and the positive experience we had. It was so refreshing to work with an agent who made the process easy and was genuine, honest and approachable. He was always free to answer any questions we had and clearly had a high level of knowledge relating to the current market. If I sold or purchased again I would definitely use Matthew and highly recommend him to anyone.
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© 2021 R&W. All Rights Reserved.
R&W | 2021 Q3 Quarterly Market Update
R&W | 2021 Q3 Quarterly Market Update
© 2021 R&W All Rights Reserved.
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Proud ly Matthew Paxton Executive Sales Agent
Email: matthew@rwbrisbane.com.au Phone: 0499 401 381