SPRING 2015

2015, MARKET PLACE REPORT FOR

PROUDLY PRESENTED BY PAUL EATON · 0431 599 568 · pauleaton@eplace.com.au

Placeman in Corinda

2003, 2007 and 2010 were ‘boom’ years across the Brisbane property market. During these years, the spring selling season in particular proved to be very strong in terms of settled sales. Will this spring prove to be a bumper season as well? In the past few years we have experienced a boost in both buyer

enquiry numbers and inspection levels when spring has sprung, therefore suggesting it is a great time to launch your property to the market. Plus properties naturally present beautifully during this time, with gardens in full bloom.

An influx of buyers in spring

Above left to right: Placeman at St Joseph’s Fete, prizewinners from our mini-balloons competition, and our prizewinner at the Corinda State School Festival raffle,

Placeman, our very own Super Human Auctioneer, has been spotted out and about in Corinda in recent times. He was seen at both the St Josephs Primary School Corinda Fete, and Festival of Nations at Corinda State School. Each event enjoyed perfect weather, huge turnouts, and was brilliantly well organized. Congratulations to the lucky winners in our Free Raffles, as well as in the ‘guess the number of balloons in the mini’ competition. We are already primed for even bigger events next year, and be sure to keep an eye out for our Place Graceville stall at local events. You too could meet Placeman, and be a lucky winner in one of our free competitions.

Meet Corinda Barber Sam The Corinda Barber was first established in 2004, and is now proudly owned and operated by local lad Sam Jones. Sam prides himself on his specialist haircutting abilities and offering a personalized service. As a result, he certainly delivers one of the best male haircuts in town! Be sure to visit him today down the Arcade at 619 Oxley Rd, Corinda (next to the Newsagent).

Welcome to the LATEST edition of your Corinda market report

for residential real estate

Hello and welcome to the spring edition of my Corinda Suburb Report. This is the latest in a series of reports which have been designed to keep you up to date with the very latest on what’s going on in our treasured suburb.

Hopefully it helps you keep your finger on the pulse of what your property is worth.

Please be sure to contact me for any of your real estate queries... I continue to list and sell houses near you in my specialist area of

Corinda. I live in Corinda, love Corinda, and sell Corinda! Paul Eaton - Lead Agent at Place

Paul Eaton0431 599 568 · 07 3379 4311 pauleaton@eplace.com.au

Front Cover: SOLD UNDER THE HAMMER31 Watt Street CorindaCall Paul Eaton for details.

Autumn ‘15 2014 Full Year

How many properties SOLD during the quarter? 19 97How many properties are CURRENTLY for sale? 39 NAWhat was the MEDIAN price paid during the quarter? $500,000 $525,000What was the higest SOLD price during the quarter? $1,095,000 $10,461,0006

What was the lowest SOLD price during the quarter? $220,000 $225,000What was the VALUE of all SALES during the quarter? $11,104,000 $60,845,000Which Street saw the MOST sales during the quarter? Clivedon Ave Hassall St

1Home ownership levels are very strong in Corinda with over 63% of all dwellings owned outright or owned with a mortgage. The balance of the marketplace is rented. The majority of Corinda homes are of a good size with a little more than 70% having 3 or more bedrooms.

2The average number of people per household is 2.5 and the average number of children per family is 1.8. There are more

female (52%) residents than males living in the area and the predominant age group is 35-39 year olds and with 7.5% of the total local population.

3Most residents of the suburb were born in Australia (72%) with England and New Zealand coming in at number 2 & 3 respectively.

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 Autumn 2015 (1 March through 31 May) and some properties have been excluded on the basis that the information could not be verified to the authors satisfaction. Prepared for Paul Eaton by datachurp

Corinda SALES activity at a glance

a quick demographic SNAPSHOT of Corinda

Graph 1.0 Corinda Residential Sales Per Year

14012010080604020071+69+59+80+68+15

2010

2011

2012

2013

2014

2015

4The median weekly income per household is $2,423 and $3,087 for family households.

5Despite the great public transport options including trains (17%) and buses, the majority of us drive, or are driven, to work (55%) and most homes (43%) have two or more cars!

6The highest sale price in 2014 was for a residential development site in Consort Street, to be developed into 34 lots.

Recent Sales Activity for Corinda

71+69+59+80+68+15Corinda5/709 Oxley Road$220,000153m2

3 2 1

Corinda2/35 Clewley Street$285,000m2

1 1 1

Corinda4/9 Dunlop Terrace$320,00067m2

2 1 1

Corinda5/39 Martindale Street$334,000344m2

2 1 1

Corinda43/300 Clivedon Ave$430,000160m2

3 2 2

Corinda31/300 Cliveden Ave$450,000147m2

3 2 2

Corinda6 Allan Terrace$452,000607m2

2 1 1

Corinda1/300 Clivedon Ave$490,000181m2

3 2 2

Corinda38 Deniven Street$498,000562m2

4 2 4

Corinda16 Rathlyn Avenue$500,000452m2

2 2 2

Corinda19 Rinora Street$540,000546m2

3 2 2

Corinda29 Oxley Terrace$565,000810m2

3 1 2

Corinda41 Clewley Street$650,000810m2

4 1 0

Corinda23 Lamb Street$650,000479m2

5 2 2

Corinda31 Watt Street$810,000600m2

4 2 2

Corinda56 Hassall Street$835,000810m2

3 1 1

Corinda19 Spencer Street$950,000405m2

5 3 2

Corinda32 Erinvale Street$1,030,000637m2

4 3 2

Corinda103A Hassall Street$1,095,0001211m2

4 3 2

Corinda Community Facebook Group

a resource for a thriving local community

I recently set up the Corinda Community Facebook group with the aim to provide a valuable resource to help our suburb further thrive in every possible way, including from an economic, business, educational, real estate, and cultural perspective.

It is a group for all those who live in Corinda and love Corinda as much

as I do. Be sure to join, and please encourage all our neighbours to join too!

So, to join simply go on Facebook and search for us “Corinda Community Group” - we look forward to hearing from you soon.

PAUL EATON · 0431 599 568 · pauleaton@eplace.com.au · Place Estate Agents Graceville

the team selling Corinda for more