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.

A Message from Damian

Welcome to the Quarterly Market Report for the 4655 postcode.

Quarter 3 followed in the footsteps of the previous quarter and

showed no real marked improvement or worsening – as you will

see, some suburbs saw a large upturn in activity and others saw

sales volume dipping – levelling out over the entire postcode.

What is interesting is the consistency of sales volume over the

last two quarters, starting to show that there was a brief “mini

boom” here in Hervey Bay in the last 2 quarters of 2013 and first

quarter of 2014 where sales volumes really peaked.

The number of properties coming to the market has certainly

seen a large upswing but again, that is a more traditional cycle as

we head in to Spring selling season and sellers position to take

advantage of this market.

Urangan

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

HOUSE 25 $215,000 $505,000 $310,000 $329,580 $8,239,500

LAND 1 $150,000 $150,000 $150,000 $150,000 $150,000

UNIT 17 $110,000 $412,500 $260,000 $262,700 $4,465,900

TOTAL 43 $12,855,400

Torquay

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

HOUSE 14 $235,000 $390,000 $310,000 $314,378 $4,401,300

LAND 1 $155,000 $155,000 $155,000 $155,000 $155,000

UNIT 8 $140,000 $328,000 $204,500 $219,625 $1,757,000

TOTAL 23 $6,313,300

Scarness

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

HOUSE 10 $233,000 $350,000 $287,500 $285,650 $2,856,500

UNIT 3 $157,000 $435,000 $240,000 $277,333 $832,000

TOTAL 13 $3,688,500

Urraween

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

HOUSE 19 $190,000 $555,000 $336,500 $358,973 $6,820,500

LAND 2 $139,500 $170,000 $154,750 $154,750 $309,500

TOTAL 21 $7,130,000

Kawungan

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

HOUSE 14 $265,000 $520,000 $330,000 $347,000 $4,858,000

TOTAL 14 $4,858,000

Dundowran Beach

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

HOUSE 8 $375,000 $580,000 $515,000 $494,375 $3,955,000

LAND 3 $175,000 $325,000 $250,000 $250,000 $750,000

TOTAL 11 $4,705,000

Dundowran

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

HOUSE 3 $297,500 $440,000 $352,500 $363,333 $1,090,000

LAND 1 $100,000 $100,000 $100,000 $100,000 $100,000

TOTAL 4 $1,190,000

Booral

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

HOUSE 6 $300,000 $962,500 $395,000 $470,416 $2,822,500

LAND 2 $115,000 $115,000 $115,000 $115,000 $230,000

TOTAL 8 $3,052,500

Toogoom

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

HOUSE 9 $275,000 $610,000 $320,500 $369,055 $3,321,500

LAND 8 $92,500 $310,000 $131,250 $164,476 $1,315,808

UNIT 1 $260,000 $260,000 $260,000 $260,000 $260,000

TOTAL 18 $4,897,308

Wondunna

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

HOUSE 5 $178,000 $660,000 $485,000 $433,600 $2,168,000

LAND 11 $146,000 $190,000 $161,000 $159,409 $1,753,500

TOTAL 16 $3,921,500

River Heads

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

HOUSE 7 $220,000 $450,000 $280,000 $312,857 $2,190,000

LAND 7 $65,000 $175,000 $95,000 $104,785 $733,500

TOTAL 14 $2,923,500

Craignish

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

HOUSE 6 $115,000 $505,000 $356,250 $347,916 $2,087,500

LAND 4 $115,000 $200,000 $171,000 $164,250 $657,000

TOTAL 10 $2,744,500

Pialba

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

HOUSE 8 $260,000 $415,000 $302,500 $309,500 $2,476,000

LAND 5 $155,000 $267,000 $187,000 $203,800 $1,019,000

UNIT 6 $175,000 $350,000 $210,250 $237,583 $1,425,500

TOTAL 19 $4,920,500

Point Vernon

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

HOUSE 18 $120,000 $402,000 $286,250 $272,300 $4,901,400

TOTAL 18 $4,901,400

Eli Waters

Quantity Lowest Sale Highest Sale Median Value Average Value Total Value

HOUSE 13 $265,000 $445,000 $322,500 $330,634 $4,298,250

TOTAL 13 $4,298,250

Damian Raxach

0403 880 327

www.damianraxach.harcourts.com.au