hervey bay (qld 4655) quarterly market report oct - dec 2013

Quarterly Market

Report

October – December 2013

4655

A Message from Damian

Welcome to the second of my Quarterly Reports for the 4655 postcode.

I am delighted that the first edition was so well received by everyone! I had loads of feedback and

some great suggestions which I will try to incorporate as we move forward with new editions.

Since the last report, we have seen Christmas come and go, a new year start and the kids getting

ready to go back to school.

We have also seen announcements by Stockland as to confirmed tenancies in the new centre when

it opens and there are some big names coming which is great.

We have heard of two fantastic new restaurants about to open (if you watch My Kitchen Rules and

liked Dan and Steph, you should visit Hervey Bay shortly as they are opening a restaurant here), and

the new Beach House Hotel is coming along very fast. All exciting news as we position ourselves to

become a more vibrant place to live for all age groups.

REMEMBER:

The idea of this report, is to ensure you have a handle on the market place and have all of the

information you may require should you decide to get involved in real estate here in Hervey Bay.

This report is for you – so if you have any comment please let me know; if there is information you

feel is missing or stuff you love to see I welcome your feedback.

Each report will cover residential sales only; this includes houses, land, units and townhouses. You may note that in each suburb there are sales excluded – we are advised by RP Data that these are sales that are classified as not “normal sales’ i.e. to a family member, sales where the prices have yet to be declared by the sales person or ratified by the Department of Natural Mines and Resources. DISCLAIMER The statistics in this report are collated from RP Data and realestate.com.au and are provided in good faith by Harcourts Hervey Bay. We cannot purport to their accuracy and will not be held in any way responsible for their accuracy or otherwise.

4655 – An Overview

308 Residential Sales

2803 Properties on the Market Today

Median Sale Prices House $315,000

Land $160,000

Units $232,000

Lowest Sale $50,000

Highest Sale $900,000

4655 – An Overview

MEDIAN

SALE

PRICES

2740

2760

2780

2800

2820

2840

2860

2880

2900

2920

2940

ON THE MARKET

July - Sept 13 Oct - Dec 13

299

300

301

302

303

304

305

306

307

308

RESIDENTIAL SALES


$0

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

HOUSES LAND UNITS


16 Arthur Street Urangan QLD 4655

Sale Price: $238,000

Sale Date: 11 Oct 2013

Area: 809m2

Attributes: 3 Beds, 1 Baths, 1 Car Spaces

4655 - HIGHLIGHT SUBURB: Urangan

Examples of Sold Properties

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

*EXCLUDED 1

HOUSE 35 $191,911 $410,000 $283,000 $294,797 $10,317,911

LAND 5 $150,000 $272,500 $180,000 $193,100 $965,500

UNIT 11 $50,000 $355,000 $232,000 $221,772 $2,439,500

TOTAL 52 $13,722,911

15 Deloraine Avenue Urangan QLD 4655


Sale Date: 1 Nov 2013

Area: 825m2

Attributes: 3 Beds, 1 Baths, 3 Lock Up Garages

105 Lauren Street Urangan QLD 4655



Area: 809m2

Attributes: 4 Beds, 2 Baths, 2 Lock Up Garages

35 Richard Street Urangan QLD 4655



Area: 582m2

Attributes: 3 Beds, 1 Baths, 2 Car Spaces

Torquay


*EXCLUDED 2

HOUSE 19 $125,000 $582,000 $330,000 $356,315 $6,770,000

OTHER 1 $1,390,000 $1,390,000 $1,390,000 $1,390,000 $1,390,000

UNIT 10 $130,000 $262,500 $202,500 $203,750 $2,037,500

TOTAL 33

$10,198,000

Scarness


*EXCLUDED 5

HOUSE 16 $205,000 $390,000 $278,000 $288,093 $4,609,500

LAND 1 $167,100 $167,100 $167,100 $167,100 $167,100

UNIT 3 $232,000 $335,000 $275,000 $280,666 $842,000

TOTAL 25

$5,618,600

Pialba


HOUSE 8 $180,000 $465,000 $283,500 $300,375 $2,403,000

LAND 4 $165,000 $6,550,000 $170,000 $1,763,750 $7,055,000

UNIT 2 $255,000 $341,000 $298,000 $298,000 $596,000

TOTAL 14

$10,054,000

Point Vernon


*EXCLUDED 2

HOUSE 26 $220,000 $498,000 $303,500 $316,365 $8,225,500

LAND 3 $150,000 $255,000 $175,000 $193,333 $580,000

TOTAL 31 $8,805,500

Eli Waters


*EXCLUDED 1

HOUSE 14 $271,000 $447,000 $320,000 $332,000 $4,648,000

LAND 3 $148,000 $229,000 $180,000 $185,666 $557,000

UNIT 1 $10,000 $10,000 $10,000 $10,000 $10,000

TOTAL 19

$5,215,000

Urraween


*EXCLUDED 6

HOUSE 20 $190,000 $458,000 $321,500 $332,800 $6,656,000

LAND 7 $110,000 $1,800,000 $165,000 $393,500 $2,754,500

UNIT 1 $220,000 $220,000 $220,000 $220,000 $220,000

TOTAL 34 $9,630,500

Kawungan


*EXCLUDED 1

HOUSE 18 $13,500 $412,000 $297,500 $288,722 $5,197,000

LAND 5 $155,000 $160,000 $160,000 $159,000 $795,000

TOTAL 24 $5,992,000

Wondunna


*EXCLUDED 3

HOUSE 6 $335,000 $535,000 $442,500 $441,250 $2,647,500

LAND 3 $120,000 $193,000 $157,500 $156,833 $470,500

TOTAL 12

$3,118,000

River Heads


HOUSE 5 $195,000 $890,000 $308,000 $435,000 $2,175,000

LAND 5 $55,000 $135,000 $98,000 $97,600 $488,000

TOTAL 10 $2,663,000

Craignish


HOUSE 7 $353,000 $830,000 $530,000 $546,857 $3,828,000

LAND 3 $134,000 $330,000 $175,000 $213,000 $639,000

TOTAL 10 $4,467,000

Booral


*EXCLUDED 1

HOUSE 6 $320,000 $514,000 $372,500 $384,083 $2,304,500

LAND 2 $125,000 $380,000 $252,500 $252,500 $505,000

TOTAL 9 $2,809,500

Dundowran Beach


HOUSE 7 $500,000 $615,000 $555,000 $554,285 $3,880,000

LAND 1 $280,000 $280,000 $280,000 $280,000 $280,000

TOTAL 8 $4,160,000

Toogoom


HOUSE 16 $230,000 $900,000 $302,000 $387,750 $6,204,000

LAND 5 $90,000 $215,000 $107,000 $129,400 $647,000

TOTAL 21 $6,851,000

Damian Raxach

0403 880 327

hervey bay (qld 4655) quarterly market report oct - dec 2013

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