Brinsmead Property Report - Jan 2024

BRINSMEAD 6 Monthly Property Report: July- December 2023 Brought to you by Alexie Aristides

YOUR BRINSMEAD MARKET REPORT Welcome to our latest 6-month market update for Brinsmead. As we step into a new year, I extend my warmest wishes for a prosperous 2024 and trust you enjoyed the festive season.

Reflecting on the latter half of 2023, Brinsmead’s real estate market has demonstrated remarkable resilience and appeal despite the challenges posed by numerous interest rate hikes throughout the year. Its convenient location, close to the heart of Cairns, schools, and various shopping options, continues to attract a diverse range of buyers.

In the period from July 1st to December 31st 2023, Brinsmead witnessed 57 property sales, with the highest price of $1,475,000 and the lowest of $280,000. Showcasing a dynamic market with a wide range of price points.

The current scarcity of listings in Brinsmead has also played a significant role in sustaining high property values. This underscores the suburb’s desirability and the ongoing opportunity for sellers in this market.

As we look forward to the upcoming months, I am dedicated to keeping you informed with the most current and comprehensive market insights.

Whether you’re considering buying, selling, or simply seeking advice, I am here to assist you in navigating Brinsmead’s dynamic real estate landscape.

Alexie Aristides 0406 534 328 alexie@tspropertygroup.com.au

CLICK HERE to watch my Brinsmead property market update on YouTube.

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Brinsmead 6 Monthly Report

SALES FOR THE PAST 6 MONTHS

57

Highest Sale

Total properties sold

52 5

Houses

$1.475m Lowest Sale

$280k

Land

BRINSMEAD’S NEW MARKET STATS The below stats are calculated over a rolling 12 month period and compared with the results from the same period 12 months ago.

$649k Median sales value

106 Number of sales

12.5 $630pw Median rent

5.3% 3.6%

is the current median days on market

5.2% Twomey Schriber Property Group

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PROPERTIES SOLD IN THE LAST 6 MONTHS Address

Bed

Bath

Car

Land Size (m²)

Sale Price

39 Banning Avenue 52 Banning Avenue 6 Basalt Street 9 Butland Street 18 Butland Street 1-3 Butler Street 53 Chesterfield Close 11 Christie Drive 3 Craig Close 21 Dungarvan Drive 1 Findlay Street 20 Five Span Close 2 Granite Close 17 Granite Close 18 Granite Close 41 Greendale Close 47 Greendale Close 1 Greenock Way 28 Greenock Way 6 Hobson Drive 12 Hobson Drive 16 Hobson Drive 34 Hobson Drive 63-65 Latreille Terrace 50 Loridan Drive 94 Loridan Drive 137 Loridan Drive 156 Loridan Drive 181 Loridan Drive 32 Mackey Close 4 Matheson Drive 1 Mcalpine Close 10 Obersky Close 10 Opaline Close 3 Ryan Close 2 Shamrock Avenue 14-16 Slathiel Street 33 Slathiel Street 6 Solomon Close 4 Sophie Close 15 Sophie Close 11 Springmeadow Close 10 St Albans Close 5 Sun Street 23 Taringa Street 25 Taringa Street 19 The Peak Road 21 View Street 51 West Parkridge Drive 61 West Parkridge Drive 19 Wills Street 30 Wills Street

4 4 4 4 4 3 4 4 4 4 4 4 4 3 4 4 4 5 3 3 5 3 3 3 4 4 3 3 4 3 4 4 3 3 4 3 4 4 4 4 5 4 4 4 5 4 5 3 4 4 4

3 2 2 2 2 2 2 2 2 2 3 1 2 1 2 2 2 2 1 1 3 1 2 2 1 1 1 1 2 1 2 2 2 1 2 1 3 2 2 2 3 2 2 2 2 2 2 2 2 2 2

2 2 2 2 4 4 2 2 4 4 2 1 1 4 3 2 2 2 1 1 3 2 4 5 1 1 2 3 2 1 2 2 2 2 4 1 3 2 3 2 2 2 2 2 2 2 3 2 2 2 2

700 600 889 968 826 716 400 8,086 974 818 602 882 840 800 664 648 702 800 936 924 843 977 4,875 1,190 700 756 841 830 957 800 1,215 600 450 997 891 787 773 1,123 602 502 771 700 981 600 700 829 1,470 500 347 700 600

$590,000 $710,000 $630,000 $667,000 $740,000 $600,000 Not Disclosed $770,000 $650,000 $625,000 $740,000 $630,000 $280,000 $515,000 $470,500 $870,000 $690,000 $890,000 $830,000 $539,000 $617,500 $785,000 $653,000 $885,000 $569,150 $530,000 $540,000 $502,000 $502,000 $730,000 $475,000 $780,000 $630,000 $615,000 $610,000 $675,500 $499,891 $751,000 $750,000 $575,000 $575,000 $1,475,000 $610,000 $735,000 $590,000 $775,000 $1,070,000 $728,000 $590,000 $536,000 $585,000 $615,000

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702 586 847 676 1,008

$320,000 $310,000 $340,000 $329,000 $340,700

Land 6 Allamanda Rise 12 Allamanda Rise 16 Allamanda Rise 18 Allamanda Rise 20 Radiata Court

Red = Alexie Aristides & Twomey Schriber Sales

Re Stre co et rd

1-3 Butler Street

M O ulti ffe pl rs e

OUR RECENT STANDOUT SALES IN BRINSMEAD

32 Mackey Close

Advertised Price: Offers Over $599,000 Sold: $600,000 by Alexie Aristides Area: 716m² Attributes: 3 Bed, 2 Bath, 4 Car, Pool

Re Stre co et rd

20 Five Span Close

M O ulti ffe pl rs e

Sold: $730,000 by Alexie Aristides Multiple Offers Area: 957m² Attributes: 4 Bed, 2 Bath, 2 Car, Pool

1 Greenock Way

Sold: $630,000 by Alexie Aristides Multiple Offers Area: 602m² Attributes: 4 Bed, 3 Bath, 2 Car

Re Stre co et rd

Sold: $890,000 by Shira David Stern Multiple Offers Area: 702m² Attributes: 4 Bed, 2 Bath, 2 Car, Pool

11 Springmeadow Close Sold: $1,475,000 by Karl Latham Offers: 4 Area: 771m² Attributes: 5 Bed, 3 Bath, 2 Car, Pool

YOUR LOCAL BRINSMEAD EXPERT Having grown up around the industry, it was a natural progression for Alexie to become a real estate agent and it very quickly became his passion.

Alexie’s commitment to providing an exceptionally high level of service while delivering the best possible results for his clients has seen him firmly establish himself in the industry and resulted in him receiving the Twomey Schriber runner up award for Salesperson Of The Year in 2023.

Offering drive, tenacity and extensive knowledge of all the latest marketing tools, Alexie is guaranteed to provide you a superior result for your most valuable asset.

If you’re wondering what the new value of your property could be in the current market or require any real estate advice at all, please don’t hesitate to get in touch.

SALESPERSON OF THE YEAR RUNNER UP 2023

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Brinsmead 6 Monthly Report

MY SALES RESULTS

Don’t just take my word for it...

CLICK HERE to see what all my clients have to say about me.

“

“

We have no hesitations whatsoever in recommending Alexie for all property sale or purchase requirements.

I had a bit of a unique situation with tenants that were in my property prior to sale, Alexie managed to find a buyer that accommodated the tenants and meant that the new owners were able to take over trouble free. Throughout the whole sale process I felt kept up to date and communication was very clear and very personalized. Very happy with the end result and would be happy to recommend Alexie to any friends or family.

- Seller, Butler St

- Seller, Matheson Dr

Excellent results are always achieved. Alexie is results driven.

He is pragmatic and most helpful in achieving your expectations.

Our expectations have been achieved or exceeded in the last six properties that Alexie has sold for us.

Twomey Schriber Property Group

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DOWNLOAD AN INSTANT REPORT FOR YOUR HOME Would you believe me if I said the median property value in Brinsmead has increased a whopping 41% in only 5 years?!

CLICK HERE and enter your address for an instant Digital Property Report that highlights your market value including recent sales, rental history, suburb report and more.

320 Sheridan Street, Cairns North QLD 4870 Email: alexie@tspropertygroup.com.au Mobile: 0406 534 328 Phone: (07) 4031 3138 Website: www.tspropertygroup.com.au

Data taken from RPData and Pricefinder as at 11/01/24. We assume no responsibility or liability for any errors or omissions in the content. The information contained in this document has no guarantees of completeness, accuracy, usefulness or timeliness.

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Kanimbla 6 Monthly Report