Your place in the market.2016 Q1 Marketplace Report I Alex Rutherford
Hello.
Welcome to my latest report on house sales in Hamilton, Ascot and Clayfield and for apartment
sales in Spring Hill, Brisbane City, West End and Newstead. Thanks to a lengthy tenure in real
estate experience it comes as no surprise to me that the market is on the move again. With
a continually shifting base of buyer and seller sentiment, the influence of external factors like
interest rate and lending practice changes, navigating the sale or purchase of your home is
one that requires skill, knowledge, understanding and care. Which is where I step in.To discuss
how this market can work for you, call me today.
properties sold across three suburbs
28
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.
The current market.
Ascot top ten sales$2.635m
HIGHEST SALE PRICE
94 days
AvERAGE TImE on THE mARkET
$575,000
LoWEST SALE PRICE
45 properties
numbER of PRoPERTIES foR SALE
Street Address Bed Bath Car Sale Date Land Size Sale Price
1 94 Kitchener Road 1 1 10 Jan-16 1973sqm $2,635,000
2 109 Alexandra Road 5 3 2 Feb-16 610sqm $2,000,000
3 3 Abbott Street 4 2 2 Mar-16 367sqm $1,250,000
4 54 Upper Lancaster Road 3 2 2 Jan-16 405sqm $1,120,000
5 25 Wren Street 4 3 2 Feb-16 324sqm $1,100,000
6 67 Upper Lancaster Road 3 2 2 Jan-16 405sqm $990,000
7 1 Moynihan Street 4 2 3 Feb-16 429sqm $980,000
8 63 Charlton Street 3 1 1 Jan-16 473sqm $940,000
9 146 Kitchener Road 3 1 1 Feb-16 604sqm $850,000
10 15 Hampden Street 3 3 2 Mar-16 168sqm $575,000
Clayfield top ten sales$2.360m
HIGHEST SALE PRICE
108 days
AvERAGE TImE on THE mARkET
$385,000
LoWEST SALE PRICE
72 properties
numbER of PRoPERTIES foR SALE
Street Address Bed Bath Car Sale Date Land Size Sale Price
1 14 Barlow Street 5 3 4 Feb-16 1215sqm $2,360,000
2 151 Alexandra Road 5 3 2 Feb-16 531sqm $1,665,000
3 11 Bayview Terrace 5 2 2 Feb-16 612sqm $1,405,000
4 102 Barlow Street 4 3 2 Jan-16 405sqm $1,275,000
5 22 Highclere Street 5 2 2 Feb-16 496sqm $1,100,000
6 55 Jackson Street 3 2 1 Feb-16 327sqm $865,000
7 7 Nellie Street 3 1 2 Jan-16 399sqm $806,000
8 4 Stuckey Road 3 1 1 Jan-16 400sqm $722,500
9 13 Kemble Street 3 2 2 Jan-16 405sqm $690,000
10 58 Noble Street 3 1 2 Feb-16 731sqm $660,000
Hamilton top ten sales$6.625m
HIGHEST SALE PRICE
102 days
AvERAGE TImE on THE mARkET
$587,000
LoWEST SALE PRICE
71 properties
numbER of PRoPERTIES foR SALE
Street Address Bed Bath Car Sale Date Land Size Sale Price
1 34 Mullens Street 5 4 4 Dec-15 2435sqm $6,625,000
2 35 Hipwood Road 5 3 2 Jan-16 911sqm $2,580,000
3 13 Ludlow Street 5 3 2 Feb-16 427sqm $2,330,000
4 40 Pine Street 4 3 2 Jan-16 587sqm $2,000,000
5 58 Crescent Road 4 2 2 Dec-15 769sqm $1,550,000
6 35 Joynt Street 5 3 2 Dec-15 683sqm $1,130,000
7 48 Hillside Crescent 3 1 4 Dec-15 350sqm $1,040,000
8 35 Royal Terrace 3 1 2 Dec-15 592sqm $835,000
9 145 Allen Street 3 1 2 Feb-16 810sqm $830,000
10 20A Oxford Street 3 2 2 Dec-15 206sqm $720,000
properties sold across four suburbs
140
Parkland Blvd Alex has great knowledge of the Parkland Blvd precinct, was very responsive
and professional during the all stages of my property purchase. If I were to buy
another apartment in the Parkland Blvd precinct I would definitely approach Alex
as a buyer’s agent.
Kyle, Brisbane
Hart Court
Grenier Street
Alex was a pleasure to deal with in
the recent purchase of our house.
She is highly committed and her
communication is outstanding. She
went out of her way on many occasions
to assist us with access to the house
and answer questions we had.
Angela, Brookfield
From the start to finish, Alex made
purchasing my home feel ridiculously
easy and was always on hand and quick
to answer any questions I had and made
the whole process feel very smooth, she
is extremely efficient and personable.
Lisa, Spring Hill
Spring Hill top ten sales$710,000
HIGHEST SALE PRICE
64 days
AvERAGE TImE on THE mARkET
$130,000
LoWEST SALE PRICE
71 properties
numbER of PRoPERTIES foR SALE
Street Address Bed Bath Car Sale Date Sale Price
1 25/451 Gregory Terrace 3 2 2 Jan-16 $710,000
2 9/251 Gregory Terrace 2 2 2 Feb-16 $485,000
3 11/53 St Pauls Terrace 2 2 0 Jan-16 $475,000
4 15/31 Twine Street 2 2 1 Feb-16 $470,000
5 17/2 St Pauls Terrace 2 2 2 Jan-16 $455,000
6 609/448 Boundary Street 2 2 1 Jan-16 $427,500
7 3/574 Boundary Street 2 1 1 Jan-16 $418,500
8 1/95 Berry Street 2 1 1 Jan-16 $415,000
9 1/32 Fortescue Street 2 2 1 Jan-16 $382,500
10 11/28 Fortescue Street 1 1 1 Feb-16 $374,025
Brisbane City top ten sales$1.060m
HIGHEST SALE PRICE
71 days
AvERAGE TImE on THE mARkET
$137,000
LoWEST SALE PRICE
202 properties
numbER of PRoPERTIES foR SALE
Street Address Bed Bath Car Sale Date Sale Price
1 78/32 Macrossan Street 3 2 2 Feb-16 $1,060,000
2 607/420 Queen Street 3 2 2 Feb-16 $940,000
3 343/18 Tank Street 2 2 2 Jan-16 $895,000
4 20/501 Queen Street 2 2 1 Jan-16 $770,000
5 91/30 Macrossan Street 3 2 1 Feb-16 $747,000
6 26/208 Adelaide Street 2 2 2 Jan-16 $720,000
7 26/132 Alice Street 2 2 1 Mar-16 $700,000
8 5/540 Queen Street 3 2 1 Jan-16 $680,000
9 4001/3-7 Parkland Boulevard 2 2 1 Jan-16 $642,000
10 3301/43 Herschel Street 2 2 0 Feb-16 $640,000
West End top ten sales$1.420m
HIGHEST SALE PRICE
86 days
AvERAGE TImE on THE mARkET
$230,000
LoWEST SALE PRICE
111 properties
numbER of PRoPERTIES foR SALE
Street Address Bed Bath Car Sale Date Sale Price
1 10/35 Buchanan Street 3 2 2 Jan-16 $1,420,000
2 2511/45 Duncan Street 3 2 2 Jan-16 $1,090,000
3 2512/45 Duncan Street 2 2 1 Feb-16 $959,000
4 1401/45 Duncan Street 3 2 2 Jan-16 $945,000
5 23/35 Buchanan Street 2 2 2 Jan-16 $695,000
6 7114/55 Forbes Street 2 2 1 Feb-16 $550,000
7 21/8 Doris Street 2 1 1 Feb-16 $550,000
8 44/37 Duncan Street 2 2 1 Jan-16 $535,000
9 226/8 Musgrave Street 2 2 1 Feb-16 $505,000
10 8/443 Montague Road 2 2 1 Jan-16 $490,000
Newstead top ten sales$3.190m
HIGHEST SALE PRICE
89 days
AvERAGE TImE on THE mARkET
$405,000
LoWEST SALE PRICE
44 properties
numbER of PRoPERTIES foR SALE
Street Address Bed Bath Car Sale Date Sale Price
1 241/1 Newstead Terrace 3 3 2 Feb-16 $3,190,000
2 124/45 Newstead Terrace 2 2 2 Feb-16 $1,258,000
3 21/43-57 Newstead Terrace 2 2 2 Feb-16 $1,165,000
4 134/43-57 Newstead Terrace 2 2 1 Jan-16 $985,000
5 22/20 Newstead Terrace 3 2 2 Feb-16 $852,000
6 306/16 Masters Street 2 2 1 Jan-16 $572,500
7 101/28 Masters Street 2 2 2 Feb-16 $530,000
8 405/16 Masters Street 1 1 0 Feb-16 $427,500
9 508/16 Masters Street 1 1 0 Mar-16 $422,500
10 105/16 Masters Street 1 1 0 Jan-16 $405,000
BrisBane City $416,000
BrisBane City $440,000
spring Hill $760,000
rECENTly Sold
neW FarM $405,000
BrisBane City $642,000
Villiers StreetAfter the first inspection we received
a contract on the property the next
business day. We were really impressed
with how fast Alex converted inspections
into genuine offers. I would recommend
Alex and her team at Place to family and
friends.
Amy, New Farm
Alex Rutherford
0417 877 [email protected]
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