quarterly market report 2013 july sept

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4655 Quarterly Market Report July September 2013

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A guide to the real estate sales market in Hervey Bay, Queensland.

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4655

Quarterly Market Report

July – September 2013

A Message from Damian

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

The idea 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.

Remember 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 would 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

302 Residential Sales

2929 Properties on the Market Today

Median Sale Prices House $310,000

Land $155,000

Units $242,000

Lowest Sale $52,000

Highest Sale $800,000

4655 – HIGHLIGHT SUBURB: Kawungan Examples of Sold Properties

QUANTITY

LOWEST SALE

HIGHEST SALE

MEDIAN VALUE

AVERAGE VALUE

TOTAL VALUE

*EXCLUDED 2

HOUSE 15 $177,500 $385,000 $312,000 $308,800 $4,632,000

LAND 4 $155,000 $250,000 $182,500 $192,500 $770,000

UNIT 1 $261,000 $261,000 $261,000 $261,000 $261,000

TOTAL 22

$5,663,000

25 Abbey Court

Sale Price: $325,000 Sale Date: 30 Jul 2013 Area: 814m2 Attributes: 4 Beds, 2 Baths

8 Areca Drive

Sale Price: $385,000 Sale Date: 12 Aug 2013 Area: 721m2 Attributes: 5 Beds, 2 Baths

10 Meledie Avenue

Sale Price: $305,000 Sale Date: 7 Aug 2013

Area: 745m2 Attributes: 4 Beds, 2 Baths

Urangan

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

*EXCLUDED 10

HOUSE 41 $140,000 $480,000 $277,500 $285,939 $11,723,500

LAND 4 $100,000 $210,000 $144,775 $149,887 $599,550

OTHER 1 $150,000 $150,000 $150,000 $150,000 $150,000

UNIT 16 $70,000 $590,000 $265,000 $268,093 $4,289,500

TOTAL 72 $16,762,550

Torquay

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

*EXCLUDED 3

HOUSE 22 $150,000 $495,000 $341,500 $323,772 $7,123,000

LAND 1 $600,000 $600,000 $600,000 $600,000 $600,000

UNIT 10 $135,000 $357,500 $227,000 $241,850 $2,418,500

TOTAL 36 $10,141,500

Scarness

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

*EXCLUDED 3

HOUSE 14 $215,000 $380,000 $279,500 $284,071 $3,977,000

UNIT 6 $200,000 $289,000 $257,500 $251,833 $1,511,000

TOTAL 23 $5,488,000

Point Vernon

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

*EXCLUDED 4

HOUSE 28 $240,000 $615,000 $317,250 $332,410 $9,307,500

LAND 3 $163,000 $335,000 $170,000 $222,666 $668,000

UNIT 1 $185,000 $185,000 $185,000 $185,000 $185,000

TOTAL 36 $10,160,500

Pialba

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

*EXCLUDED 2

HOUSE 6 $200,000 $338,000 $256,000 $263,333 $1,580,000

UNIT 7 $40,000 $475,000 $230,000 $245,071 $1,715,500

TOTAL 15 $3,295,500

Wondunna

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

*EXCLUDED 2

HOUSE 12 $200,000 $800,000 $430,000 $408,458 $4,901,500

LAND 3 $175,000 $175,000 $175,000 $175,000 $525,000

TOTAL 17 $5,426,500

Eli Waters

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

*EXCLUDED 2

HOUSE 11 $255,000 $369,000 $325,000 $317,818 $3,496,000

LAND 1 $149,000 $149,000 $149,000 $149,000 $149,000

UNIT 1 $203,500 $203,500 $203,500 $203,500 $203,500

TOTAL 15 $3,848,500

River Heads

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

HOUSE 7 $95,000 $770,000 $385,000 $354,285 $2,480,000

LAND 9 $52,000 $219,500 $88,000 $97,444 $877,000

TOTAL 16 $3,357,000

Toogoom

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

HOUSE 8 $80,000 $505,000 $298,750 $288,937 $2,311,500

LAND 5 $84,997 $205,000 $126,000 $136,199 $680,997

TOTAL 13 $2,992,497

Damian Raxach

0403 880 327