FIRST NATIONAL MARKET UPDATE 2nd Quarter 2010

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2nd Quarter 2010 Bundall / Sorrento Paradise Point fnrqld.com.au Market Update THE NORTHERN GOLD COAST’S MOST TRUSTED REAL ESTATE OPINION.

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Report showing the property market trends in Runaway Bay, Paradise Point, Hope Island and Helensvale.

Transcript of FIRST NATIONAL MARKET UPDATE 2nd Quarter 2010

Page 1: FIRST NATIONAL MARKET UPDATE 2nd Quarter 2010

2ndQuarter

2010

Bundall / SorrentoParadise Point

fnrqld.com.au

Market UpdateTHE NORTHERN GOLD COAST’S MOST TRUSTED REAL ESTATE OPINION.

Page 2: FIRST NATIONAL MARKET UPDATE 2nd Quarter 2010

thinking the

Northern Gold Coast?...

....think First National

Bundall / SorrentoParadise Point

Page 3: FIRST NATIONAL MARKET UPDATE 2nd Quarter 2010

Welcome to First National Paradise Points 2nd quarter market update report. The market

has changed dramatically in the last year and with so many locals wanting information on

how this effects them and their investments we decided to compile this report to help the

residents in our local area keep up to date with the current market conditions.

The past quarter has seen considerable activity in the Northern Gold Coast real estate

market. Buyer activity has been on the increase with auction clearance rates reflecting a

definite improvement in buyer sentiment. General traffic through open for inspections has

also been on the rise and should continue to do so as we enter the Gold Coasts traditional

Real Estate busy season of Spring.

With the Spring season comes the annual flood of new stock to the marketplace so investors

should definitely keep an eye on the market as your next investment property could be just

around the corner and with housing affordability at the best it has been for 7 years, Gold

Coast properties are representing fantastic buying in the current market.

Should you require any real estate advice or would like a more detailed report specific to

your property, or maybe a market analysis on the area you would like to move to next, our

team is only to happy to assist.

Kind regards

First National Paradise Point2 Grice AvenueParadise Point5529 5700www.fnrqld.com.au

M ARKET UPDATE2nd QUARTER

MARKET UPDATE / FIRST NATIONAL REAL ESTATE 2Bundall / SorrentoParadise Point

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PARADISE POINT / SOVEREIGN ISLANDS UPDATE

RECENT SALES (Houses)

MARKET UPDATE / FIRST NATIONAL REAL ESTATE 3

Past Quarter (April / May / June)

Below is showing the recent sales and the price ranges they fall into.

RECENT SALES (Units)

Past Quarter ( )April / May / June

Below is showing the recent sales and the price ranges they fall into.

ON THE MARKET SNAP SHOT

Total on the market: 170

(As of 1-Sep-10)

House on the market: 123

( )(As of 1-Sep-10

Dollar Value Sold (AUD) $23,195,000 this Period

Dollar Value Sold (AUD) $8,350,000 this Period

Units on the market: 47

( )(As of 1-Sep-10

Number of properties this Period

Total on the market: $243,418,000

(As of 1-Sep-10)

House on the market: $216,381,000

( )(As of 1-Sep-10Units on the market: $27,037,000

( )(As of 1-Sep-10

Dollar Value (AUD) this Period

Bundall / SorrentoParadise Point

This report has been compiled on 06/09/2010 by First National Paradise Point. © Property Data Solutions Pty Ltd 2010 - www.pricefinder.com.au The materials provided are distributed as an information source only. © The State of Queensland (Dept. of Natural Resources, Mines and Energy) September/2010. Based on data provided with the permission of the Dept. of Natural Resources, Mines and Energy: (QVAS) September/2010. The Dept. of Natural Resources, Mines and Energy makes no representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason.

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RUNAWAY BAY UPDATE

RECENT SALES (Houses)

MARKET UPDATE / FIRST NATIONAL REAL ESTATE 4

Past Quarter ( )April / May / June

Below is showing the recent sales and the price ranges they fall into.

RECENT SALES (Units)

Past Quarter ( )April / May / June

Below is showing the recent sales and the price ranges they fall into.

Dollar Value Sold (AUD) $18,064,000 this Period

Dollar Value Sold (AUD) $11,812,000 this Period

ON THE MARKET SNAP SHOT

Total on the market: 223

(As of 1-Sep-10)

House on the market: 119

( )(As of 1-Sep-10Units on the market: 104

( )(As of 1-Sep-10

Number of properties this Period

Total on the market: $149,053,800

(As of 1-Sep-10)

House on the market: $84,281,000

( )(As of 1-Sep-10Units on the market: $64,772,800

( )(As of 1-Sep-10

Dollar Value (AUD) this Period

Bundall / SorrentoParadise Point

This report has been compiled on 06/09/2010 by First National Paradise Point. © Property Data Solutions Pty Ltd 2010 - www.pricefinder.com.au The materials provided are distributed as an information source only. © The State of Queensland (Dept. of Natural Resources, Mines and Energy) September/2010. Based on data provided with the permission of the Dept. of Natural Resources, Mines and Energy: (QVAS) September/2010. The Dept. of Natural Resources, Mines and Energy makes no representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason.

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HOPE ISLAND / HELENSVALE UPDATE

RECENT SALES (Houses)

MARKET UPDATE / FIRST NATIONAL REAL ESTATE 5

Past Quarter ( )April / May / June

Below is showing the recent sales and the price ranges they fall into.

RECENT SALES (Units)

Past Quarter ( )April / May / June

Below is showing the recent sales and the price ranges they fall into.

Dollar Value Sold (AUD) $40,042,500 this Period

Dollar Value Sold (AUD) $78,213,386 this Period

ON THE MARKET SNAP SHOT

Total on the market: 766

(As of 1-Sep-10)

House on the market: 296

( )(As of 1-Sep-10Units on the market: 470

( )(As of 1-Sep-10

HOPE ISLAND

Total on the market: $761,898,072

(As of 1-Sep-10)

House on the market: $309,767,766

( )(As of 1-Sep-10Units on the market: $452,130,306

( )(As of 1-Sep-10

Dollar Value (AUD) this Period

Bundall / SorrentoParadise Point

Number of properties this Period

Total on the market: 299

(As of 1-Sep-10)

House on the market: 213

( )(As of 1-Sep-10Units on the market: 86

( )(As of 1-Sep-10

HELENSVALE

Total on the market: $148,466,629

(As of 1-Sep-10)

House on the market: $101,003,029

( )(As of 1-Sep-10Units on the market: $47,463,600

( )(As of 1-Sep-10

Dollar Value (AUD) this Period

Number of properties this Period

This report has been compiled on 06/09/2010 by First National Paradise Point. © Property Data Solutions Pty Ltd 2010 - www.pricefinder.com.au The materials provided are distributed as an information source only. © The State of Queensland (Dept. of Natural Resources, Mines and Energy) September/2010. Based on data provided with the permission of the Dept. of Natural Resources, Mines and Energy: (QVAS) September/2010. The Dept. of Natural Resources, Mines and Energy makes no representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason.

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LOCAL MARKET KNOWLEDGE AND EXPERIENCE

WE CAN SELL ANY PROPERTY

FIRST NATION REAL ESTATE HAS BEEN SUCCESSFUL

IN SELLING A DIVERSE ARRAY OF PROPERTY TYPES.

FROM STUDIO APARTMENTS TO MULTI-MILLION

DOLLAR ESTATES. WE CONNECT YOU AND YOUR

PROPERTY TO THE MOST SUITABLE BUYERS.

BEST OF THE LUCKY COUNTRY

THE SECRET IS OUT, THE NORTHERN GOLD COAST IS

ONE OF THE MOST DESIRABLE REGIONS TO LIVE IN.

OUR BOATING, ABUNDANT NATURAL ATTRACTIONS

AND CONSTANT UPGRADES OF TRANSPORT AND

OTHER MAJOR INFRASTRUCTURE MAKE THE NORTHERN

REGION THE PLACE TO INVEST. HOUSES IN AUSTRALIA

ARE THE MOST AFFORDABLE THEY HAVE BEEN IN

SEVEN YEARS SO GET IN NOW WHILE YOU STILL CAN.

KEEPING YOU INFORMED

BUYING OR SELLING PROPERTY CAN INVOLVE YOU

MAKING SOME OF THE MOST IMPORTANT DECISIONS

OF YOUR LIFE. WE TAKE PRIDE IN MAKING THE

SELLING OR BUYING PROCESS, AS STRESS-FREE

AS WE CAN FOR YOU.

WE PROVIDE YOU WITH ALL THE DATA YOU NEED

TO MAKE INFORMED DECISIONS WITH A STRONG

UNDERSTANDING OF EVERY FACET OF THE SALE

OR PURCHASE.

ALL THE INFORMATION YOU NEED

WE GIVE YOU REGULAR, PROGRESS UPDATES

THROUGH PHONE CALLS, MEETINGS AND

STATISTICS REPORTS TELLING YOU HOW MANY

PEOPLE HAVE LOOKED AT YOUR PROPERTY,

WHO IS INTERESTED, WHAT YOU CAN EXPECT

FROM THE MARKET AND WHAT WE THINK WE

CAN ACHIEVE FOR YOU.

6 MARKET UPDATE / FIRST NATIONAL REAL ESTATE

Page 8: FIRST NATIONAL MARKET UPDATE 2nd Quarter 2010

Bundall / Sorrento

Did you know?

you can sell your home without having to put it on the market?

to find out more contact our office

Paradise Point

Bundall / Sorrento

We have the key to unlocking more money from your property investments

Call our team and recieve free property management for the season of spring for all new managements*

to find out more contact our property management team on 07 5557 4888

*conditions apply just ask one of our helpful team when you enquire

RentalsParadise Point

Bundall / SorrentoParadise Point

PARADISE POINT +61 7 5529 5700

BUNDALL + 61 5557 4888 fnrqld.com.au

2 Grice Avenue Paradise Point Q 4216