quarterly market report: jan_mar 2015
DESCRIPTION
This brief suburb by suburb guide will give you an idea as to what is happening in the real estate market in the seaside town of Hervey Bay in QLD. How much is property selling for in each suburb and what are the trends over time for where you live? If you want to invest in real estate this report is a good starting place and a great introduction to Hervey Bay.TRANSCRIPT
Suburb Report October – December 2014
4655 QUARTERLY MARKET REPORT
January – March 2015
REMEMBER:
The idea of this report is to ensure you have a handle on the market place and have all of the
information you may require should you decide to get involved in real estate here in Hervey
Bay.
This report is for you – so if you have any comment please let me know; if there is
information you feel is missing or stuff you love to see I welcome your feedback.
Each report will cover residential sales only; this includes houses, land, units and townhouses. You may note that in some suburbs there are sales excluded – we are advised by RP Data that these are sales that are classified as not “normal sales’ i.e. to a family member or sales where the prices have yet to be declared by the sales person or ratified by the Department of Natural Mines and Resources.
Welcome to my latest Quarterly Market Report for the
4655 postcode and the first for 2015.
Before we get in to the nitty gritty of the facts and
figures, it is with great pleasure to announce that after
eight successful years, I have finally started my own real
estate agency here in Hervey Bay. I am delighted to
align myself to One Agency – a forward thinking
nationwide brand that are growing very quickly.
It will be the same great service, same down to earth
approach with a fresher, brighter feel!
Now on with the business!!!
The Spring Quarter (Oct-Dec 2014) was excellent for
Hervey Bay and sales activity showed a marked upswing
in volume. Units saw a marked increase in Median Sale
price but this can no doubt be put down to the normal
pattern of out of towners coming in and buying
apartments at Christmas/New Year.
This quarter (Jan – Mar) has seen the market settle back
in to a more normal pattern of steady sales volume and
prices holding pretty steady and in line with last year.
A Message from Damian
DISCLAIMER The statistics in this report are collated from RP Data and realestate.com.au and are provided in good faith by One Agency Damian Raxach. We cannot purport to their accuracy and will not be held in any way responsible for their accuracy or
otherwise.
SALES STATISTICS BY SUBURB
Urangan
Quantity Lowest Sale Highest Sale Median Value Average Value Total Value
*EXCLUDED 15
HOUSE 38 $155,000 $900,000 $313,250 $353,868 $13,447,000
LAND 3 $162,000 $255,000 $250,000 $222,333 $667,000
UNIT 19 $180,000 $450,000 $250,000 $267,921 $5,090,500
TOTAL 75
$19,204,500
Torquay
Quantity Lowest Sale Highest Sale Median Value Average Value Total Value
*EXCLUDED 4
HOUSE 30 $170,000 $649,000 $283,750 $302,216 $9,066,500
LAND 2 $150,000 $170,000 $160,000 $160,000 $320,000
UNIT 12 $150,000 $318,000 $213,500 $228,083 $2,737,000
TOTAL 48 $12,123,500
Scarness
Quantity Lowest Sale Highest Sale Median Value Average Value Total Value
*EXCLUDED 3
HOUSE 17 $195,000 $550,000 $271,000 $307,264 $5,223,500
LAND 1 $220,000 $220,000 $220,000 $220,000 $220,000
UNIT 5 $177,500 $315,000 $245,000 $236,500 $1,182,500
TOTAL 26 $6,626,000
Urraween
Quantity Lowest Sale Highest Sale Median Value Average Value Total Value
*EXCLUDED 3
HOUSE 23 $223,000 $420,000 $345,000 $338,706 $7,790,260
LAND 4 $120,000 $250,000 $159,000 $172,000 $688,000
TOTAL 30
$8,478,260
Kawungan
Quantity Lowest Sale Highest Sale Median Value Average Value Total Value
*EXCLUDED 2
HOUSE 14 $250,000 $435,000 $337,500 $342,678 $4,797,500
LAND 1 $160,000 $160,000 $160,000 $160,000 $160,000
TOTAL 17
$4,957,500
Dundowran Beach
Quantity Lowest Sale Highest Sale Median Value Average Value Total Value
*EXCLUDED 1
HOUSE 7 $259,000 $760,000 $470,000 $485,571 $3,399,000
LAND 6 $135,000 $235,000 $168,750 $179,583 $1,077,500
TOTAL 14
$4,476,500
Dundowran
Quantity Lowest Sale Highest Sale Median Value Average Value Total Value
HOUSE 2 $405,000 $450,000 $427,500 $427,500 $855,000
TOTAL 2 $855,000
Booral
Quantity Lowest Sale Highest Sale Median Value Average Value Total Value
HOUSE 6 $288,000 $480,000 $352,500 $357,500 $2,145,000
LAND 1 $130,000 $130,000 $130,000 $130,000 $130,000
TOTAL 7 $2,275,000
Toogoom
Quantity Lowest Sale Highest Sale Median Value Average Value Total Value
*EXCLUDED 1
HOUSE 12 $105,000 $567,500 $312,500 $314,625 $3,775,500
LAND 2 $95,000 $125,000 $110,000 $110,000 $220,000
TOTAL 15
$3,995,500
Wondunna
Quantity Lowest Sale Highest Sale Median Value Average Value Total Value
*EXCLUDED 1
HOUSE 6 $351,000 $492,000 $422,500 $425,500 $2,553,000
LAND 2 $162,000 $175,000 $168,500 $168,500 $337,000
TOTAL 9 $2,890,000
River Heads
Quantity Lowest Sale Highest Sale Median Value Average Value Total Value
*EXCLUDED 3
HOUSE 7 $110,000 $453,000 $245,000 $286,667 $2,006,674
LAND 6 $39,000 $100,000 $68,750 $72,750 $436,500
TOTAL 16
$2,443,174
Craignish
Quantity Lowest Sale Highest Sale Median Value Average Value Total Value
*EXCLUDED 1
HOUSE 6 $378,000 $620,000 $515,000 $518,833 $3,113,000
LAND 3 $130,000 $197,000 $192,500 $173,166 $519,500
TOTAL 10 $3,632,500
Pialba
Quantity Lowest Sale Highest Sale Median Value Average Value Total Value
*EXCLUDED 2
HOUSE 4 $194,000 $270,000 $240,000 $236,000 $944,000
LAND 3 $230,000 $235,000 $235,000 $233,333 $700,000
UNIT 4 $217,000 $405,000 $345,000 $328,000 $1,312,000
TOTAL 13
$2,956,000
Point Vernon
Quantity Lowest Sale Highest Sale Median Value Average Value Total Value
*EXCLUDED 4
HOUSE 23 $140,000 $650,000 $295,000 $320,206 $7,364,750
TOTAL 27
$7,364,750
Eli Waters
Quantity Lowest Sale Highest Sale Median Value Average Value Total Value
*EXCLUDED 1
HOUSE 7 $290,000 $350,000 $310,000 $318,000 $2,226,000
UNIT 2 $185,000 $260,000 $222,500 $222,500 $445,000
TOTAL 10
$2,671,000
Damian Raxach
0403 880327
(07) 4128 9115
www.oneagencydamianraxach.com.au