Traralgon Surrounding Areas Seasonal Market Place Report Winter 2018
Welcome Why selling in Winter could be your best move yet…… Our sales team transacted $26,374,000 in property sales during Autumn and there are no signs of the market slowing. Whilst numbers of attendees at open days has dropped, new buyer enquiry in our office continues to be strong, averaging 56 new enquiries per week over the last 3 months. New listings numbers are falling, which means vendors are beginning to enjoy favorable market conditions as demand begins to outstrip supply. We generally find property listings during the Winter months do drop off, as there is a perception in our industry that Spring is the best time to sell. And whilst Spring is a very popular time for vendors to present their properties to the market, vendors who sell in Winter have historically achieved some great results. Buyers are looking for the perfect purchase all year round; so it’s a great opportunity to take advantage of fewer listings on the market during these cooler months. It may offer you the chance to showcase your property and gain more traction than when there are more properties on the market. It’s also easier to make a house feel like home in the wintertime, and set the scene of comfort with cushions, throws and a cosy warm fire. During Autumn we experienced an increase in off market sales, with several properties selling with this method. Off market is when a property is listed without a public campaign – no marketing and no open days. Whilst it may seem unreasonable to sell a home without publicly promotion, there are some key benefits. Some include; Personal reasons, privacy, less stress and no marketing expenses. All our off market sales have come straight from our efficient client database. When our agents know a buyer is serious, they will contact them directly about off market opportunities, often before an email alert has been sent to subscribers. Our client database, together with agent communication is paramount in order for these transactions to take place. There is no doubt that we have seen a significant shift in our market conditions over the last 12 months, from a strong buyers’ market to a market that is now tiered slightly in favor of sellers. If you have been considering selling, or you are curious how the recent uplift in the property market has impacted the value of your property, please contact our sales team to arrange a no obligation assessment of the value of your asset. If you would like to join our database and would like to keep up to date on the local property market, please call our office on 5176 2055. Until next time... Ben Wilson
Wilson Property Sales Statistics
14.15%
eighty PROPERTIES FOR SALE CURRENTLY IN TRARALGON
seventy
7.61%
PROPERTIES SOLD MARCH 1ST - JUNE 1ST
78.24 % PROPERTIES SOLD WERE HOUSES
two hundred and sixty PROPERTIES OPEN FOR INSPECTION MARCH 1ST - JUNE 1ST
78.24% HOUSES
$1,030K
14.15% LAND & OTHER
HOUSES
$150K
$125K
$439K
7.61% UNITS
UNITS
highest / lowest sales
Summer Median house prices
Autumn Median house prices
$285,000
$287,500
TRARALGON
TRARALGON
$262,500
$275,000
ROSEDALE
ROSEDALE
$331,000
$340,000
GLENGARRY
GLENGARRY
$178,000
$176,500
CHURCHILL
CHURCHILL
Disclaimer: This information was current at time of printing. Please refer to our website for the latest property information. No responsibilty is accepted by the agency for the accuracy of any information contained herein or for any action taken in reliance thereon. Individuals should make their own enquiries to satisfy themselves on all aspects.
/ Recent Sales KOORNALLA 1590 TRARALGON CREEK ROAD 5
3
GLENGARRY LOTS 34 & 35 CAIRNBROOK ROAD
5
CONTACT AGENT
CONTACT AGENT
WON WRON
TRARALGON
4493 HIGHLAND HWY
3 FAIRVIEW STREET
4
5
1
3
2
$639,000
$565,000
GLENGARRY 47A KYNE STREET
FLYNN 100 FLYNN’S CREEK ROAD
4
4
2
2
2
8
6
$509,000
$499,000
TRARALGON
TRARALGON
17 DUXBURY DRIVE
25 HENRY STREET
4
5
2
6
3
$485,000
CONTACT AGENT
TRARALGON
TRARALGON EAST
11 WELLINGTON DRIVE
20 WILMOT COURT
4
2
2
5
2
2
$475,000
$469,000
TRARALGON
TRARALGON
1/6 TARAGO COURT
41 MOORE STREET
2
4
2
2
2
$439,000
$429,000
TRARALGON
TRARALGON
78 PARK LANE 5
3
$425,000
2
17 SLIGO COURT 2
3
2
$425,000
2
TRARALGON
TRARALGON
19 HEREFORD BLVD
28 WILKERSON WAY
4
2
2
3
2
2
$415,000
$397,000
ROSEDALE
TRARALGON
4 ROWLEY COURT
3 BREED STREET
4
4
2
2
2
$395,000
$395,000
TRARALGON
GLENGARRY
2
3 TARAGO COURT
45 MAIN STREET
3
3
2
2
2
2
$385,000
$369,000
TRARALGON
TRARALGON
41 DONEGAL AVENUE
63 GRUBB AVENUE
4
4
2
2
2
2
$329,000
$329,000
TRARALGON
YINNAR
5 GREENWOOD GROVE
1551 CREAMERY ROAD
2
1
1
4
2
$325,000
$319,000
TRARALGON
TRARALGON
46 BAYLEY DRIVE
2 GEPP COURT
3
5
2
2
2
$319,000
$315,000
TRARALGON
TRARALGON
6 HAWKSBURN ROAD
7 HOLLY LANE
3
3
2
$309,000
2
2
2
$309,000
2
/ Recent Sales TRARALGON
TRARALGON
65 GRUBB AVENUE
9 WICKLOW STREET
3
3
1
1
2
2
$299,000
$299,000
TRARALGON
TRARALGON
18 ROSCOMMON DRIVE
31 GREYTHORN ROAD
3
3
2
1
1
2
$295,000
$289,000
TRARALGON
TRARALGON
4 LOCH PARK ROAD
36 BAYLEY DRIVE
3
3
1
2
1
2
$280,000
$279,500
TRARALGON
TRARALGON
26 FAIRVIEW STREET
19 CHRISTENSEN CLOSE
3
3
2
3
1
1
CONTACT AGENT
$275,000
TRARALGON
TRARALGON
8 WILLIAMS COURT
8 TUCKER COURT
3
3
1
3
1
1
$274,500
$269,000
TRARALGON
CARRAJUNG
58 HAZELWOOD ROAD
30 STITCHLING STREET
3
3
1
2
1
3
$269,000
$259,000
TRARALGON 3 SOMERS PLACE
CARRAJUNG 70 OLD CARRAJUNG ROAD
3
3
1
$255,000
2
1
$249,500
2
TRARALGON
TRARALGON
6 MACKAY STREET
14 CAMBRIDGE WAY
3
1
1
$245,000
$240,000
CHURCHILL
TRARALGON
12 MULCARE CRESCENT
20 BROOKES STREET
3
3
2
2
1
1
$225,000
$225,000
TRARALGON
TRARALGON
11A PHILLIP STREET
2/18 ELIZABETH STREET
2
2
1
2
1
$224,500
$220,000
CHURCHILL
TRARALGON
1
29 FIRMIN ROAD
4 TAVEL CLOSE
3
3
1
2
1
1
$219,000
$215,000
TRARALGON
TRARALGON
34 ELIZABETH STREET
16 ARMSTRONG COURT
3
3
1
1
1
2
$209,000
$199,000
MORWELL
CHURCHILL
10 DENISE STREET
10 RAE CRESCENT
3
3
1
1
2
$189,000
$185,000
TRARALGON
TRARALGON
5/94 DAVIDSON STREET
22 GREEN ACRES
2
2
1
$175,000
1
1
$150,000
1
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