February 2012

Deanne Lamprey and the First National Burnie Team are 100% committed to keeping you totally up to date with all property activity in the Romaine area. This quarterly report will allow you to keep your finger on the pulse and help you monitor your own property’s position in the current market conditions.

Deanne Lamprey, Managing Director.

How many properties sold over the past quarter. 8

How many properties are for sale in Romaine 20

What is the highest sale price in Romaine in the last quarter $600,000

What is the lowest sale price in Romaine in the last quarter

$235,000

What is the average sale price in Romaine over the last quarter $343,000

What is the avg weekly rental in Romaine with First National Burnie - Units - Houses

$181 $293

Romaine Market Snap Shot

What is the average days on Market in Romaine over the last quarter 100

03 6431 4544 burniefirstnational.com.au

Market Review Romaine

The Lucky Country? Is it just luck that only 4.9% of Australian homes are worth less than their purchase price? First National Real Estate would argue that luck has nothing to do with it. The latest figures from RP Data emphasise the resili-ence of the Australian housing market, despite the concerns of international market commentators. Although there have been recent declines, as out-lined in First National’s 2012 Property Market Outlook, approximately 43% of homes are worth more than twice their original purchase price. First National expects 2012 to be a year of recovery, albeit a slow and gradual process.

First National Real Estate has surveyed its estate agents nationally to establish the expectations, trends & hotspots of 2012.

Find out exactly what’s been happening and where we think the market is headed this year. Scan the QR Code with your smart phone to read online or phone First National Burnie on 03 64314544 for your copy.

Median Sale Price Romaine - 2002 to 2011

Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements. Recipients should make their own enquiries to verify the information contained in this document.

03 6431 4544 burniefirstnational.com.au

Recent Sales Romaine

Sales Information based on settlement dates recorded with the Lands Titles Office, RP Data, REIT & *First National Burnie. Here’s a sample of recent sales in your area...

Property Address Sold Date List Price Sold Price Bed Bath Car Land Days on Market

26 Cascade Road Oct 2011 Auction $600,000 3 3 2 1.37Ha 15

44 Breffny Road Oct 2011 $470,000 $439,000 4 2 2 2.09Ha 244

14 Blackwood Parade Oct 2011 $245,000 $235,000 3 1 1 739sqm 72

14 Josie Crescent Oct 2011 $269,000 $255,000 3 2 1 1001sqm 76

31 Manuka Drive Oct 2011 $359,000 $350,000 3 2 1 1564sqm 1

4 Quamby Place Oct 2011 $299,000 $260,000 4 1 1 782sqm 223

32 Mercedes Place Nov 2011 NK $370,000 NK NK NK 1278sqm NK

25 Blackwood Parade Dec 2011 $238,000 $235,000 3 1 1 1100sqm 71

$- $20,000 $40,000 $60,000 $80,000

$100,000 $120,000 $140,000 $160,000 $180,000 $200,000 $220,000 $240,000 $260,000 $280,000

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Romaine Burnie Municipality