MARKET REPORT· Woody Point · Clontarf · Margate · Redcliffe · Scarborough ·

· Newport · Kippa-Ring · Rothwell ·

14th Edition, Autumn 2016

Welcome to the LATEST edition of your market report on property inWoody Point · Clontarf · Margate · Redcliffe · Scarborough · Newport · Kippa-Ring · Rothwell ·Hello and welcome to the latest market report for property on the peninsula.

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, the area as a whole grew by approximately 4.5% and greater Brisbane 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.

With some increasing enthusiasm coming from overseas investors the market as a whole looks set to continue a stable trajectory of growth. Supporting evidence, in the way of new data from the Foreign Investment Review Board, shows that investment from foreigners has almost tripled since

2012/13 with investment coming out of China now accounting for approximately 36% of all foreign lead investment in Australian real estate.

To discuss your situation and the market, call me anytime.

Damien MissoProfessionals Woody Point

52 Oxley Avenue, Woody Point07 3283 2277www.weloveredcliffe.com.audamien@weloveredcliffe.com.auwww.iloveredcliffe.com.auwww.facebook.com/redcliffe365

Welcome to the LATEST edition of your market report on property inWoody Point · Clontarf · Margate · Redcliffe · Scarborough · Newport · Kippa-Ring · Rothwell ·

Recent residential property SALES activityWoody Point Clontarf Margate Redcliffe Scarborough Newport Kippa-Ring Rothwell

How many properties SOLD during the quarter? 21 33 26 43 35 7 29 20How many properties are CURRENTLY for sale? 99 106 104 158 169 37 82 48What was the MEDIAN price paid during the quarter? $347,000 $402,500 $412,000 $362,500 $460,000 $950,000 $165,000 $372,500

What was the higest SOLD price during the quarter $755,000 $592,000 $512,500 $750,000 $1.6 Million $1.1 Million $511,500 $497,000

What was the lowest SOLD price during the quarter? $178,000 $160,000 $302,000 $190,000 $260,000 $805,000 $165,000 $287,000

What was the VALUE of all SALES during the quarter? $10.1 Million $12.7 Million $10.7 Million $16.7 Million $19.2 Million $6.5 Million $10.6 Million $7.6 Million

Which Street saw the MOST sales during the quarter?

Woodcliffe Crescent

Duffield Road

Duffield Road

Marine Parade

Anderson Street

Skandia Court

Dalton Street

Lady Bowen Parade

a quick demographic SNAPSHOT of RedcliffeHome ownership levels are split pretty much 50/50 in Redcliffe with approximately 58% of all dwellings owned outright or owned with a mortgage. The balance of the marketplace is rented. The majority of homes are of a good size with just over 67% having 3 or more bedrooms.

The average number of people per household in Recliffe is 2.3 and the average number of children per family is 1.7. There are more female (51.6%) residents than males living in the area and the predominant age group is 55-64 years old with a little over 14% of the total local population.

Most residents of the suburb were born in Australia (72%) with England and New Zealand coming in at number 2 & 3 respectively. The median weekly income per household is $944 and $1,254 for family households and the overwhelming majority of us drive, or are driven, to work (69%).

About this marketplace report. In compiling this report the author has relied upon information supplied by a number of external sources including CoreLogic RPdata and various Australian Bureau of Statistics publications. 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 January, February and March 2016 and some properties have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Professionals Woody Point by datachurp

Some recent residential property SALES activityWoody Point4/22 Lilla Street$245,000

2 1 1

Woody Point4/5 Alfred Street$255,000

2 1 1

Woody Point41 Bailey Street$402,000405m2

3 1 2

Woody Point196 Hornibrook Esplanade$465,000379m2

2 1 2

Woody Point10 Arthur Street$500,000720m2

3 1 0

Woody Point67/36 Woodcliffe Crescent$730,000185m2

3 2 2

Woody Point54/36 Woodcliffe Crescent$755,000170m2

3 2 2

Clontarf2/5 Hill Parade$210,00069m2

2 1 1

Clontarf63 Laura Street$280,000511m2

2 1 1

Clontarf4 Athena Street$405,000541m2

3 2 2

Clontarf187 Duffield Road$410,000332m2

4 2 2

Clontarf4/80 Hornibrook Esplanade$410,000141m2

2 2 1

Clontarf10 Deborah Street$545,000607m2

4 2 2

Clontarf83 Thomas Street$592,000642m2

3 2 2

Margate16 Chatham Street$330,000539m2

3 1 1

Margate11 Keenan Street$350,000405m2

3 1 1

Margate51 Cutts Street$417,000313m2

3 2 2

Margate6/4-6 Duffield Road$420,000120m2

3 2 1

Margate11/1 Cowen Street$420,100127m2

3 2 1

Margate80 Dover Road$510,000810m2

3 1 1

Margate182 Macdonnell Road$512,500910m2

5 2 3

Redcliffe5/414 Oxley Avenue$190,0000m2

1 1 1

Redcliffe2/15 Mcnaughton Street$220,00081m2

3 2 1

Redcliffe40 Ashmole Road$403,000469m2

3 1 2

Redcliffe28 Highland Street$408,000744m2

3 1 1

Redcliffe6/2 Louis Street$410,000120m2

3 2 1

Redcliffe308/99 Marine Parade$682,000162m2

3 2 2

Redcliffe21/41 Anzac Avenue$750,000231m2

3 2 2

Queensland’s first European settlement and originally named Red Cliff Point, after the red-coloured cliffs visible from Moreton Bay, Redcliffe rests pretty much half-way between the Southern and Northern tips of the peninsula.

Like most of the peninsula, Redcliffe is relaxed and inviting and there is a strong sense of community. Beautiful parks and public spaces make it a great place for families and on the weekend we wish you the best of luck in securing that coveted ‘closest car-

park’ to any of the popular spots like Settlement Cove Lagoon, the restaurant and café precinct along Redcliffe Parade, or Redcliffe Jetty.

There are plenty of places to eat in Redcliffe, with tastes and styles to suit any preference. Many locals may have in fact already tested this assertion but you could quite literally eat out every day for a month and not have to eat at the same café, bar or restaurant twice.

Not quite as plentiful, but certainly in abundance are the parks,

walkways and beaches in Redcliffe. A visit to the Redcliffe Botanic Gardens on Trilby and Henzell Streets, the Paceway, Humpybong Park (which houses both the War Memorial Pool and Museum) and Suttons Beach should be high on your list of local things to see and do.

In terms of schools, Redcliffe State High School and Redcliffe Special School are centrally located on Klinger Road with Scarborough and Humpybong being the closest state primary schools.

A beautiful environment, a friendly community, a wonderful charm and long standing history makes Redcliffe an enviable place to live and a great place to call home.

If you have thinking about making a move then give me a call to discuss what your options are.

There is a lot to LOVE about REDCLIFFE!

Some recent residential property SALES activity

standing out from the CROWDSome recent residential property SALES activityScarborough2/137 Prince Edward Pde$260,000

2 1 1

Scarborough23 Garnet Street$270,000582m2

- - -

Scarborough13 Frank Street$460,000794m2

3 2 3

Scarborough4/3 Landsborough Avenue$485,000136m2

3 2 1

Scarborough201/4 Anderson Street$495,000187m2

3 2 2

Scarborough3 Second Avenue$1,495,000405m2

5 3 3

Scarborough111 Flinders Parade$1,600,000405m2

4 4 3

Newport16 Skandia Court$805,000760m2

4 3 5

Newport27 Aurora Place$830,000709m2

4 2 2

Newport8 Eva Court$920,000800m2

4 2 3

Newport8 Sceptre Court$950,000899m2

4 2 2

Newport28 Courageous Court$950,000693m2

3 2 2

Newport48 Intrepid Court$965,000735m2

4 2 2

Newport17 Defender Street$1,100,000800m2

5 3 3

Kippa-Ring1/14-16 Regency Street$200,000117m2

1 1 1

Kippa-Ring97/56 Miller Street$255,000203m2

2 1 1

Kippa-Ring35 Kippa Street$340,000625m2

3 2 2

Kippa-Ring19 Mcgregor Street$360,000620m2

3 1 1

Kippa-Ring128 Hercules Road$372,500597m2

3 1 1

Kippa-Ring18 Cheshire Street$511,500737m2

4 2 2

Kippa-Ring5 Coventry Court$511,500701m2

4 2 2

Rothwell2/29 Lady Bowen Parade$287,000118m2

3 1 1

Rothwell2/25 Leichhardt Avenue$305,000125m2

3 2 1

Rothwell14 Oxford Street$369,000601m2

3 1 1

Rothwell5 Oxford Street$370,000600m2

3 1 4

Rothwell4 Shangri-La Court$375,000604m2

3 2 2

Rothwell8 Lee Court$495,000631m2

4 2 2

Rothwell19 Xanadu Crescent$497,000704m2

4 2 2

standing out from the CROWDSome recent residential property SALES activity

For over 50 years The Professionals Woody Point have been dedicated to helping Peninsula owners make rewarding property decisions. I am proud of what we have achieved and even prouder to consider ourselves part of this wonderful community.

“I was impressed with Damien’s professional manner, his ability to clarify concerns and close the sale of a property in an excellent time frame” remarked Rosalie who recently sold in Clontarf.

“Damien was up front and honest from the start. He gave us genuine feedback. He was clever to listen to us but to guide us in a more productive way to sell our house. we had a buyer from the first open home because we listened to his marketing strategy - we sold so it proves it works. Listen to the man, he knows what he’s talking about. He was easy to work with and informative at all times.

Karen, Seller

Service excellence is the cornerstone of the business and when you turn to Professionals Woody Point you will experience a level of care, a depth of local knowledge, experience and commitment second to none.

LEARN MORE:52 Oxley Avenue, Woody Point QLD 401907 3283 2277www.weloveredcliffe.com.audamien@weloveredcliffe.com.auwww.iloveredcliffe.com.auwww.facebook.com/redcliffe365

CALL US TODAY

07 3283 2277www.therentalkings.com.au

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