Cathy Richards April 2016 property report

BulimbaBalmoral Hawthorne

As we start our climb towards the middle part of the year, it is interesting to see what changes have taken

place in the property market. Across Australia’s capital cities, and when compared to the same time last year,

house prices have continued to grow, albeit by smaller percentages than previously which suggests that we

have returned to a more modest paced market or cycle.

Year on year, Brisbane as a whole grew by 4.5% and remains one of Australia’s most stable and most

consistent market places in terms of capital growth. It is also unlikely that as a whole Brisbane will see any

significant swing or adjustment to this level throughout the remainder of 2016.

There are a number of factors that have resulted in Brisbane’s resilient trend since 2012, namely; consistent

population growth change with an average growth rate of 2.2% per annum over the last ten years, there is

generally less speculation based property investment and the market has consistently seen a level of supply

– or homes – coming to the market.

Cathy Richards 0417 706 498 cathyrichards@eplace.com.au

Hello.

Mark your diary for Saturday 21st May and plan to make a

whole day of it. The fete starts at 11am and runs through

until 8pm. Here’s a snapshot of what you can expect:

– A prize wheel, auctions, and a major raffle where

someone will drive away in a new car!

– Great food and drinks.

– A Kiddies Corner area where the littlies can do some

craft, get their face painted, and more.

– A great line up of entertainment throughout the day,

including performances by the school children and

live music.

– Stalls and more stalls where you can win a prize or

buy yourself some delicious treats.

– A quiet Devonshire Tea area where you can have a

cuppa and listen to some classical music.

– Rides, showbags, side show alley and everything

you’d expect at a fete.

The Sts Peter and Paul’s Centenary Fete is the school’s

major fundraising event for the year, but most importantly,

it’s a fun day for the whole community!

The school is located on Riding Road in Balmoral, and

entrance to the fete will be from Alexandra Street or

Main Avenue.

We hope to see you there!

Date: Saturday 21 May

Time: 11am – 8pm

Location: Sts Peter and

Paul’s Bulimba School

Grounds, Riding Road.

This year, the Sts Peter and Paul’s Bulimba community is celebrating 100

years and one of the big celebration events is the Centenary Fete.

Bulimba$1.80m

HIGHEST SALE PRICE

85 days

AvERAGE TImE on THE mARkET

$249,000

LoWEST SALE PRICE

106 properties

numbER of PRoPERTIES foR SALE

Recent salesADDReSS BeD BATH CAR LAND SIZe SOLD DATe SALe PRICe

1 31 Kenbury Street 5 3 3 455sqm Feb-16 $1,800,000

2 41 Pine Street 5 2 2 506sqm Feb-16 $1,650,000

3 129 Coutts Street 5 4 2 500sqm Jan-16 $1,470,000

4 45-47 Carr Street 3 1 1 921sqm Jan-16 $1,225,000

5 2 Shore Crescent 4 3 2 325sqm Feb-16 $1,225,000

6 57 Quay Street 3 2 2 592sqm Jan-16 $960,000

7 22/15 Barramul Street 3 2 2 156sqm Feb-16 $910,000

8 36 Princess Street 3 1 1 506sqm Mar-16 $894,000

9 27/15 Barramul Street – – – 123sqm Jan-16 $800,000

10 42/1 Oxford Street 3 2 2 135sqm Feb-16 $750,000

11 5/62 Love Street – – – – Feb-16 $730,000

12 5/19 Lytton Road 3 2 2 100sqm Jan-16 $685,000

13 4/210 Oxford Street – – – 135sqm Feb-16 $588,000

14 2/25 Riddell Street 2 2 1 121sqm Feb-16 $550,000

15 5/35 Pine Street 2 2 1 115sqm Jan-16 $525,000

16 43/70 Love Street 2 2 1 2539sqm Mar-16 $475,000

17 3/19 Riddell Street 2 1 2 – Jan-16 $447,000

18 10/70 Love Street 2 2 1 2539sqm Mar-16 $249,000

*About this marketplace report. In compiling this report the author has relied upon information supplied by a number of external sources including CoreLogic RPdata. The publication is supplied on the basis that whilst every care has been taken in the preparation, no representation has been made and no responsibility is accepted for the accuracy of the whole or any part of the publication by the author. The transactions reported are for settled transactions reported during January, February & March 2016 and some properties have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Cathy Richards and Place by datachurp.

Balmoral$960,000

HIGHEST SALE PRICE

63 days

AvERAGE TImE on THE mARkET

$380,000

LoWEST SALE PRICE

38 properties

numbER of PRoPERTIES foR SALE

Recent salesADDReSS BeD BATH CAR LAND SIZe SOLD DATe SALe PRICe

1 30 Pollock Street 5 3 3 303sqm Mar-16 $960,000

2 19 Thorpe Street 5 3 3 403sqm Feb-16 $930,000

3 21 Bilyana Street 3 1 2 440sqm Jan-16 $680,000

4 229 Lytton Road 3 1 1 529sqm Feb-16 $620,000

5 4/93 Bilyana Street 2 2 2 146sqm Feb-16 $585,000

6 1/200 Riding Road 2 2 2 104sqm Jan-16 $495,000

7 5/335 Riding Road 1 1 1 – Jan-16 $418,000

8 6/27 Thorpe Street 2 1 1 – Jan-16 $380,000

BalMoRal $1,250,000

Hawthorne$1.660m

HIGHEST SALE PRICE

58 days

AvERAGE TImE on THE mARkET

$436,000

LoWEST SALE PRICE

118 properties

numbER of PRoPERTIES foR SALE

Recent salesADDReSS BeD BATH CAR LAND SIZe SOLD DATe SALe PRICe

1 104 Philip Street 5 3 1 810sqm Feb-16 $1,660,000

2 17 elliott Street 4 2 2 405sqm Feb-16 $1,525,000

3 7 Harris Street 4 2 2 382sqm Jan-16 $1,350,000

4 20 Cawmore Road 4 3 2 599sqm Jan-16 $1,030,000

5 4/19 Mcdonald Street – – – 227sqm Feb-16 $900,000

6 59 Beatrice Street 3 2 1 405sqm Jan-16 $790,000

7 70B Riding Road 3 2 2 202sqm Jan-16 $770,000

8 363 Hawthorne Road 3 2 2 239sqm Jan-16 $715,000

9 4/49 Hawthorne Road 3 2 1 165sqm Feb-16 $710,000

10 7/44 Park Street 3 2 1 129sqm Jan-16 $585,000

11 10/18 Barton Road 2 2 2 – Jan-16 $546,660

12 4/332 Hawthorne Road 2 2 1 – Jan-16 $436,500

13 6/43 Forbes Street 2 1 1 – Feb-16 $436,000

HaWTHoRNE $1,180,000

We have known Cathy for 10 years. She has sold property for us and we have purchased through

her as well. Cathy is a local with thorough local knowledge, professional, relaxed and goes out of her

way to make things happen. She has very good support at Place so that all dealings run smoothly with

quick responses.

Graham C, Norman Park

Wynnum Road

Cathy Richards

Hawthorne’s Most

Recommended Agent

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Cathy Richards

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0417 706 498