JINDALEE &MT OMMANEY

MICHAEL DEVLIN0408 44 99 20

PROPERT Y REPORT

1300 790 818finance@futurefunding.com.au

HOME / INVESTMENT FINANCE“Finally lending made easy!”

2014 saw the total estimated value of the residential property market in Australia grow by $300billion with the combined capital cities home values increasing by 7.9%.

Through the year transactional volumes, the number of reported sales, peaked in November with an increase on the 2013 sales volumes of 4.9%

For many markets 2014 saw the return on the residential property investor with the last quarter of 2014 showing more investors committed to residential housing finance than owner-occupiers.

Sustainable and consistent are two of the most common terms beings used at present to describe Brisbane’s property market prospects for 2015. Sustainable in so far as 2014 numbers now illustrate that the Brisbane residential property market recorded value growth of 5.8%, which was growth that took its cue from a similarly healthy performance in 2013 of 5.2%.

And while some pundits might lament that Brisbane has missed out on the boom-like levels of growth that Sydney and Melbourne both recorded last year and in 2013 the majority of both buyers and sellers will take confidence in knowing that a consistent market is a better one in which to make life changing decisions.

As southern based investors look for opportunity it is expected that their attention will shift north to Brisbane’s marketplace as capital growth prospects look promising but perhaps more importantly is that getting into the marketplace

welcome to my latestJINDALEE & MT OMMANYPROPERTY REPORT

I am proud and excited to offer you this market snapshot every quarter. During my time in real estate I have

come to appreciate the difference quality information in combination with quality advice can make to a

clients move. As such, I hope that you can appreciate this information as much as some of my clients have

in Brisbane remains significantly more affordable. At the end of 2014 Brisbane’s median price for a residential property was 73% cheaper than Sydney’s and some 33% cheaper than Melbourne’s.

If you would like a more thorough report on your property, please contact my team and I as we would be glad to help.

I hope you enjoy the read.

Michael DevlinBrisbane Real Estate0408 44 99 20 michael@brisbanerealestate.com.au

when they were making their decision to sell or to buy.

1300 790 818finance@futurefunding.com.au

HOME / INVESTMENT FINANCE“Finally lending made easy!”

2010

2011

2012

2013

Jindalee Sales Per Annum

2014

Approx 20 x transactions =

JINDALEE MT OMMANEY

HOW many properties SOLD during the period? 15 3HOW many properties are CURRENTLY on the market? 52 35WHAT was the MEDIAN price paid during the period? $520,000 $650,000WHAT was the highest SOLD price during the quarter? $1,725,000 $1,200,000WHAT was the lowest SOLD price during the period? $390,000 $595,000HOW much was the VALUE of all SOLD properties during the period? $7.98million $2.03million

WHICH street saw the MOST sales during the period? Kangaloon Street Greenway Circuit

recent sales activity for JINDALEE & MT OMMANEYThe below table and the following page showcase recent sales activity for confirmed residential property sales in St Lucia that were recorded during October, November and December 2014.

Home ownership levels across Jindalee and Mount Ommaney show that just over 83% of households own outright or have a mortgage on their homes. The balance of the marketplace is mostly rented and with an average of 2.8 residents per dwelling.

The battle of the sexes is very even across Jindalee and Mount Ommaney with the balance ever so slightly in favour of females with 51.5% of the total population. Just over 52% of residents were born in Australia with England (4.5%) and New Zealand (3.89%) at number 2 & 3 respectively.

We are a busy area of professionals with a 21.5% of residents having at least one tertiary qualification. A diverse and well educated suburb 21.2% of households speak more than one language at home. Other than English, Mandarin is the second most spoken language.

The median weekly income per household is $2,530 for families without children and $2,837 for those with children. With a large number of houses in the area it is not suprising to learn that most residential properties have three or more bedrooms.

2010

2011

2012

2013

Mt Ommaney Sales Per Annum

2014

Approx 10 x transactions =

ABOUT this market report. In compiling this report the author has relied upon information supplied by a number of external sources. 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 the period and some properties have been excluded on the basis that the information could not be verified to the authors satisfaction.

recent sales activity for JINDALEE & MT OMMANEY

Jindalee44 Kangaloon Street$390,000607m23 1 1

Jindalee8 Mankinna Street$415,000607m23 1 1

Jindalee152 Curragundi Road$415,000612m23 2 2

Jindalee28 Curragundi Road$459,000615m23 1 2

Jindalee3 Balanda Street$485,000622m23 1 2

Jindalee21 Kangaloon Street$499,000617m23 2 1

Jindalee31/28 Amazons Place$505,000195m23 2 2

Jindalee41 Bangalee Street$520,000610m23 1 2

Jindalee45 Trevi Street$526,000632m25 3 3

Jindalee53 Mukine Street$529,000606m24 2 2

Jindalee12 Trevi Street$570,000607m24 3 2

Jindalee3/28 Amazons Place$620,000251m23 2 2

Jindalee9 Mooroa Street$635,000828m24 3 0

Jindalee2 Warandoo Street$638,000771m24 2 1

Jindalee6 Mt Ommaney Drive$770,000979m24 2 2

Mount Ommaney2/7 Greenway Circuit$595,000227m23 2 2

Mount Ommaney62/16 Augusta Crescent$650,000227m20 0 0

Mount Ommaney40 Drysdale Street$782,0001148m24 2 2

A true professional, Michael Devlin is characterised by his energetic and disciplined approach to ensuring a successful outcome for every property he handles.

Michael is the former owner of a successful business based in the Western suburbs. His experience and understanding of consumer behaviours allows him the

freedom to provide tailored advice to clients buying or selling properties. Being able to execute effective marketing campaigns and providing honest, frank advice about current market trends gives

Michael a clear edge when it comes to achieving outstanding sales results.

Michael truly enjoys the competitive nature of real estate and has an innate ability to maximise the value of his clients’ most precious asset, a skilled negotiator and has the ability to exceed his clients’ expectations due to his strong work ethic and determined nature.

Lifestyle key to client successMICHAEL DEVLIN

We met Michael by chance at an open home for a house which we were unable to purchase due to timing. To my surprise, Michael contacted me to discuss what our exact requirements were and also made some great suggestions into the area where we were searching for the right property.

Michael was both patient and thorough. He showed us those properties that met our criteria, and was patient enough to spend the time it took for me to feel comfortable making a buying decision. We really appreciated the fact that he wasn't pushy and didn't waste time trying to sell us a property which would not have met our needs and was proactive in seeking out properties which could be suitable for us. By taking into consideration what our requirements were Michael was able to show us a property, which although had been on the market for several months with another agent, was newly listed with Michael and resulted in him selling to us on the same day!

Michael remained focused on what our requirements were while negotiating with the vendor swiftly and reasonably, bringing to the table a deal which all parties were happy with in an incredibly short amount of time. Michael handled everything efficiently and professionally, which was a great relief to us while we were at the same time preparing and arranging to lease our house out and both working full time. He also went above & beyond by being available to be at the property on multiple occasions and ensure that measurements for window coverings could be completed prior to settlement thus ensuring that orders for these could be placed as early as possible. Michael was always available to us for questions on the weekend, during the evenings on the phone and via email which was invaluable to us at the time while still maintaining his patience and good humour throughout the entire process. We can't recommend Michael's style and professionalism highly enough to anyone considering choosing an agent. Paul & Cathy G.

a real perspective: CLIENT FEEDBACKA real estate transation is a big deal and I am privileged to have been able to assist some truly great people make amazing moves. It is particularly rewarding when they tell everyone else about how good their experience was...

“We can’t recommend Michael’s style and professionalism highly enough to anyone considering choosing an agent.”

Michael Devlin0408 44 99 20

michael@brisbanerealestate.com.auJINDALEE · MT OMMANEY

Your J indalee & Mt Ommaney Exper t

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