Alex Rutherford Market Report Houses and Units April 2016

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

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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

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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]