marketplaceproudly presented by matthew jabs & ross armstrongyour local place agents

2016, QUARTERLY REPORTFOR SALE

WAVELL HEIGHTS PROPERTY

WELCOME to our latest report on PROPERTY SALES for WAvELL HEigHTS

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 – of homes – coming to the market. All the best and enjoy the read. MATTHEW JABS ROSS ARMSTRONG0422 294 272 0409 299 653 matthewjabs@eplace.com.au rossarmstrong@eplace.com.au

PAST QUARTER 2015

HOW many properties SOLD during the quarter? 36 161HOW many properties are CURRENTLY on the market? 75 NAWHAT was the MEDIAN price paid during the quarter? $655,000 $613,000WHAT was the highest SOLD price during the quarter? $2,250,000 $1,380,000WHAT was the lowest SOLD price during the quarter? $300,000 $63,000HOW much was the VALUE of all SOLD properties during the quarter? $32.9 Million $100 Million

WHICH street saw the MOST sales during the quarter? Parkham Avenue Rode Road

recent sales activity Wavell Heights

dynamic design & marketing = premium sale pricesMatthew Jabs & Ross Armstrong are bringing a new level of marketing to Wavell Heights and surrounding suburbs. When selling a home the marketing process often begins long before the property hits the market. We cater to the individual needs of clients by offering assistance and advice; from the planning stages of a new build right through to the design and staging of furniture in established homes, all to ensure a premium sale price. Drone photography & videography, twilight photo shoots & professional brochures are just some of the extras we provide making our marketing strategies the best in the business.

recent sales activityWavell Heights3/7 Rode Road$300,000

2 1 1

Wavell Heights5 Vale Street$305,000405m2

3 1 2

Wavell Heights5/23 Rode Road$447,500

3 2 2

Wavell Heights23 Ontario Street$455,000342m2

4 1 1

Wavell Heights88 White Street$495,000405m2

0 0 0

Wavell Heights86 White Street$500,000405m2

0 0 0

Wavell Heights16/70 Magenta Street$516,000468m2

4 1 4

Wavell Heights65 Taylor Street$520,000422m2

3 1 0

Wavell Heights4 Maple Street$520,000450m2

3 1 1

Wavell Heights177 Hamilton Road$535,000607m2

4 1 2

Wavell Heights10 Turquoise Place$569,100531m2

4 2 1

Wavell Heights50 Main Avenue$590,000658m2

3 1 3

Wavell Heights42 Maggs Street$600,000562m2

3 1 3

Wavell Heights25 Wade Street$608,000405m2

4 2 1

Wavell Heights19 Thornton Parade$610,000607m2

3 1 2

Wavell Heights121 Spence Road$625,000716m2

3 1 2

Wavell Heights30 Maple Street$630,000673m2

3 1 2

Wavell Heights11 Kenya Street$630,000602m2

3 1 2

ABOUT this marketplace report. The recent sales activity is for confirmed settled sales for Wavell Heights that were on record for the months of January, February and March 2016. In compiling this report the author has relied upon information supplied by a number of external sources. 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 the period and some properties have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Matthew Jabs, Ross Armstrong and Place by datachurp.

Wavell Heights170 Bilsen Road$680,000396m2

3 2 1

Wavell Heights43 Aveling Street$691,100607m2

3 1 1

Wavell Heights7 Varcoe Street$740,000607m2

4 2 2

Wavell Heights12 Vaucluse Street$740,000607m2

3 2 2

Wavell Heights42 Taabinga Street$755,000602m2

4 3 2

Wavell Heights168 Bilsen Road$760,000804m2

3 1 0

Wavell Heights27 Belloy Street$805,000647m2

3 2 2

Wavell Heights5 Benedict Street$845,000599m2

4 2 2

Wavell Heights25 Deramore Street$880,000405m2

5 3 2

Wavell Heights12 Warril Street$975,000607m2

4 2 2

Wavell Heights18 Luke Street$1,020,000825m2

4 2 2

Wavell Heights12 Sunny Avenue$1,101,000625m2

4 2 2

Wavell Heights1-6/22 Parkham Avenue$2,250,000

13 12 9

16 BARRHeAD STReeT, WAVeLL HeIGHTSFOR SALe – Architecturally Designed Family Home

This architecturally designed contemporary home, set on a low maintenance 607m2 block, has been designed for practicality, functional living and entertainment. This stunning home has been finished with high quality fixtures and fittings leaving nothing left to do but move in and enjoy.

Features of the upper level include: open plan living & dining with timber flooring; gourmet kitchen with butler’s pantry; alfresco entertainers deck with built in spa & outdoor kitchen; master bedroom with walk-in robe & ensuite; 3 additional bedrooms with built in robes; & main bathroom with stand-alone bath. Features of the lower level include: fifth bedroom; family room which flows outside to the second entertaining area; bathroom; laundry; storage room & child friendly landscaped backyard.

27 BeLLOY STReeT,WAVeLL HeIGHTSSOLD in 8 days for $805,000

We are proud to announce we have SOLD 27 Belloy Street, Wavell Heights and were able to achieve a great result for the very happy owners. This immaculately renovated 3 bedroom + study post war home, attracted several interested parties during the short marketing campaign and sold within 8 days of going to market.

12 WARRIL STReeT,WAVeLL HeIGHTSSOLD – $975,000

This stunning steel framed, architecturally designed contemporary 4 bedroom home, built and finished to the highest standard has sold for a fantastic price. Impeccable design and craftsmanship combined with our marketing strategies generated a large volume of buyer interest, resulting in a great result within 7 days of going to market.

marketplaceproudly presented by matthew jabs & ross armstrongyour local place agents

2016, QUARTERLY REPORT

ISSUE#2, 2016

WAVELL HEIGHTS PROPERTY

GREAT SERVICE every step of the way that you won't get from anyone else.

AN AGENT WHO KNOWS what's at stake & what that means in today’s marketplace.

EXPERT KNOWLEDGE of your local area so that when it comes time to decide the decision is clear.

MATTHEW JABS0422 294 272 · matthewjabs@eplace.com.au

ROSS ARMSTRONG0409 299 653 · rossarmstrong@eplace.com.au

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matthew jabs & ross armstrong