Download - Lorna Bailey March 2016

Your place in the market.2015 Q4 Marketplace Report I Lorna Bailey

Familiar face,new Place

Hello and welcome to my latest market update for New Farm, Teneriffe, Kangaroo Point and

Newstead property. After 12 proud and successful years servicing the real estate needs of clients in and

around New Farm, I am happy to announce that I have joined the dynamic team at Place Estate Agents

New Farm. While it’s the same me - the same high levels of service and results driven focus, I now have

the backing of the areas most successful agency and market leaders. Whether you are selling or buying,

investing or simply wanting a better understanding of what your home may be worth, call me anytime.

Lorna Bailey 0410 609 789 [email protected]

properties sold across four suburbs

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As we launch into 2016 there is a lot of talk about how the property market is going to change

and how is it going to perform during the course of the next twelve months.

While many will look at past results as an indication of the future, one of the truest and best

indicators of how the property market is actually shaping up will be overlooked. That indicator,

is buyer activity, which is a measure of how many buyers are enquiring on and inspecting

property; how many buyers are making offers, bidding at auction and very tellingly how many

buyers are going to contract.

Right now, activity is stronger than expected and some agents coming back from their holidays

have been caught off-guard. The fact that inspection numbers, bidder numbers and the number

of offers being made are up imbues a sense of confidence in the market and in general there is

a sentiment of optimism. All of which, should this positive outlook remain, suggests that 2016

could be a big year for our local property market.

The current market.

Villiers Street I engaged Lorna to sell my townhouse in New Farm mainly because of her experience

in the New Farm area but also because of her professionalism selling the property to

me 2 years earlier. Her professionalism and experience shines through with different

strategies employed to get buyers in and her extensive list of potential buyers. She

really has established herself as an expert in the new farm area having sold many

of the townhouses in my complex over the years. In a sluggish time for the property

market, Lorna’s abilities were crucial to my successful sale. Jon Dowling

Beeston Street Lorna was fantastic she loves selling property and with her knowledge and feel for the

market I felt really comforted as a new home buyer in Brisbane. Lorna explained the

process and was always available to answer any queries which made me feel secure

at every stage of the process. She kept me informed and supported and was not

pushy and saw the sale right through to the settlement. I would have no hesitation in

recommending Lorna as a professional and honest agent to any prospective buyers

or sellers. Ryan Kinnealy

New Farm top ten sales$4.650m

HIGHEST SALE PRICE

42 days

AVERAGE TIME ON THE MARKET

$265,000

LOWEST SALE PRICE

107 properties

NUMBER OF PROPERTIES FOR SALE

Street Address Bed Bath Car Land Size Sale Date Sale Price

1 3/81 Moray Street 4 3 2 468m2 Oct-15 $4,650,000

2 6 Llewellyn Street 5 4 3 860m2 Nov-15 $4,230,000

3 106 Villiers Street 5 3 2 374m2 Oct-15 $2,705,000

4 225 Harcourt Street 3 2 2 486m2 Oct-15 $1,755,000

5 10 Gibbon Street 4 1 2 582m2 Oct-15 $1,700,000

6 120 Annie Street 4 2 2 274m2 Oct-15 $1,632,000

7 1321/22 Refinery Parade 3 2 2 230m2 Oct-15 $1,575,000

8 30 Gibbon Street 4 2 3 450m2 Oct-15 $1,550,000

9 114 Harcourt Street 3 2 2 225m2 Oct-15 $1,155,000

10 62 Villiers Street 3 1 - 392m2 Oct-15 $1,030,000

Teneriffe top ten sales$2.675m

HIGHEST SALE PRICE

79 days


$346,000

LOWEST SALE PRICE

76 properties



1 15 Abercrombie Street 3 2 3 399m2 Dec-15 $2,675,000

2 5/24 Macquarie Street 4 2 2 321m2 Oct-15 $1,750,000

3 3/69 Kingsholme Street 4 2 2 - Oct-15 $1,375,000

4 2/204 Arthur Street 3 2 2 234m2 Nov-15 $1,070,000

5 413/88 Macquarie Street 3 3 2 163m2 Dec-15 $930,000

6 302/64 Macquarie Street 3 3 2 193m2 Oct-15 $920,000


8 50/135 Macquarie Street 2 2 1 - Oct-15 $827,000

9 103/53 Vernon Terrace 2 2 2 - Oct-15 $790,000

10 23/36 Vernon Terrace 3 2 1 111m2 Oct-15 $710,000

Kangaroo Point top ten sales$4.6m

HIGHEST SALE PRICE

64 days


$130,000

LOWEST SALE PRICE

93 properties



1 102/1 Scott Street 3 3 4 - 7-Dec-15 $4,600,000

2 44 River Terrace 0 1 0 324m2 15-Oct-15 $2,100,000

3 3/76 Thorn Street 3 3 2 304m2 1-Oct-15 $2,000,000

4 2606/25 Anderson Street 3 2 2 - 9-Oct-15 $1,475,000

5 110/1 Holman Street 3 2 2 217m2 17-Dec-15 $1,460,000

6 408/1 Holman Street 3 2 2 189m2 15-Oct-15 $1,400,000

7 749 Main Street 0 0 0 625m2 1-Oct-15 $1,300,000

8 70/321 Main Street 3 2 3 245m2 27-Nov-15 $1,240,000

9 43/57 Lambert Street 3 2 2 - 19-Nov-15 $1,100,000

10 101/98 Holman Street 3 2 2 - 3-Nov-15 $1,050,000

Newstead top ten sales$935,000

HIGHEST SALE PRICE

79 days


$430,000

LOWEST SALE PRICE

36 properties



1 1/15 Halford Street 3 2 2 225m2 Nov-15 $935,000

2 6/9 Newstead Avenue 3 2 2 175m2 Oct-15 $820,000

3 67/27 Cunningham Street 2 2 1 - Oct-15 $790,000

4 25/27 Cunningham Street 2 2 1 116m2 Oct-15 $750,000


6 129/21 Masters Street 2 2 1 90m2 Nov-15 $590,000

7 207/21 Masters Street 2 2 1 72m2 Nov-15 $450,000

8 32/32 Newstead Terrace 2 2 1 - Oct-15 $440,000

9 206/21 Masters Street 2 2 1 101m2 Oct-15 $430,000

10 6/32 Newstead Terrace 2 2 1 - Oct-15 $415,000

NEW FARM

NEWSTEAD

SOLD BY LORNA

TENERIFFE

LORNA BAILEY 0410 609 789

KANGAROO POINT

Bowen Terrace Rose and I wanted to commend you

on the hard work effort and meticulous

detail you put into selling our property.

After being on the market with another

agent we were thrilled to find a diligent

agent with the ambition to achieve the

very best for us. This is a testimony to

your service levels, professionalism and

integrity that we believe are some of the

best. Seller & Rose

Lorna Bailey

0410 609 [email protected]