felix apartments market report - april edition

April Edition

FELIX ApartmentsMarket report

www.everythingpropertygroup.com

Three new inner-city pedestrian bridges could span the Brisbane River within the next decade.

The walkways are included in the River City Blueprint strategy, which would plan growth in a five-kilometre ring around the city's CBD for the next 30 years.

The proposed bridges would run from Creek Street to Kangaroo Point; Kangaroo Point to New Farm; and New Farm to Bulimba.Point; Kangaroo Point to New Farm; and New Farm to Bulimba.

The idea was first suggested in 2007 by prominent Brisbane architect Michael Rayner and resurfaced at a meeting between Brisbane City Council and the State Government on Friday.

Public consultation is about to begin on their joint strategy, with a draft plan expected in mid-2010.

Infrastructure Minister Stirling Hinchliffe has confirmed the bridges were back on the city's agenda.were back on the city's agenda.

"Try to imagine what the city was like less than a decade ago without the Goodwill Bridge and without the Kurilpa Bridge and the pedestrian circuit that makes for the inner part of the city," he said.

"We need to see that beyond that immediate frame of the CBD and South Bank and look at how there might be some possibility to extend the distances we can use as pedestrian cycle links."

Lord Mayor Campbell Newman said while the idea was not neLord Mayor Campbell Newman said while the idea was not new, he believed it was very "attractive".

"They really should be rolled out in the next 10 to 15 years," he said.

He said the state government had allocated $120 million in its 2005 South East Queensland Infrastructure Plan and Program for two new pedestrian bridges, one of which was the completed Kurilpa Bridge.Bridge.

Cr Newman said a bridge across to Kangaroo Point from Eagle Street would be similar in scale to a Kurilpa or Goodwill Bridge.

However, he said bridges across to more residential-based areas like New Farm or Bulimba would be more complex.

Central Ward councillor David Hinchliffe said he believed his residents would respond cautiously to the idea.

He said residents along Merthyr Road at New Farm would need He said residents along Merthyr Road at New Farm would need firm details on the location and scale of bridge.

"I won't be dissing it, but there would be disadvantages as well as advantages," Cr Hinchliffe said.

The ideas were canvassed as part of Brisbane's Economic Annual

2009, in which Mr Rayner again talks about connecting areas of Brisbane.

"This one [pedestrian] spine alone would connect several of the city's densest living precincts with not only the CBD, but major lifestyle and cultural destinations," he writes.

"The second bridge is meant to be this one from the CBD to Kangaroo Point," he said.Kangaroo Point," he said.

Cr Newman said running a footbridge from Eagle Street to Kangaroo Point had been regularly discussed over the past two years, but had stalled due to the global financial crisis.

The mayor said he was prepared to talk to Queensland Premier Anna Bligh about joint funding of the bridge projects.

Mr Rayner, who designed the Goodwill and Kurilpa bridges, first raised the idea three years ago as part of then-Premier first raised the idea three years ago as part of then-Premier Peter Beattie Re-thinking the City's Centre document.

That plan proposed the new pedestrian link extending "from the Goodwill Bridge via three new bridges to take in the CBD, Kangaroo Point, New Farm and Bulimba".

View full article at BrisbaneTimes.com

http://www.brisbanetimes.com.au/queensland/brisbane-city-of-bridges-20100322-qr4bridges-20100322-qr4y.html


Three new foot bridges


Article Spree

Earth Hour 27th March, 2010

In 2009 hundreds of millions of people around the world showed their support by turning off their lights for one hour.

Earth Hour 2010 will continue to be a global call to action to every individual, every business and every community. A call to

stand up, to show leadership and be responsible for our future

Gateway Motorway toll to increase by more than 30per cent!

The Queensland Treasurer, Andrew Fraser, this morning confirmed that from July 1 the toll will jump from $2.95 to $3.85.

BrisbaneTimes.com.au reported this morning:

The higher charge comes as the state government plans to sell QQueensland Motorways, which includes the Gateway tolling rights, as part of its controversial public assets sale.

An increased toll revenue would make the company more attractive to potential buyers.

Did you know that last financial year the Gateway Motorway toll collected $161.2 million!

Gateway Motorway toll to increase by more than 30per cent!

The Queensland Treasurer, Andrew Fraser, this morning confirmed that from July 1 the toll will jump from $2.95 to $3.85.

BrisbaneTimes.com.au reported this morning:

The higher charge comes as the state government plans to sell QQueensland Motorways, which includes the Gateway tolling rights, as part of its controversial public assets sale.

An increased toll revenue would make the company more attractive to potential buyers.

Did you know that last financial year the Gateway Motorway toll collected $161.2 million!

Rate Rise AgainBrisbaneTimes.com Reports

Borrowers will be stung again after the Reserve Bank raised its key interest rate by another 25 basis points - its fifth increase in the past six meetings.

The central bank today lifted the cash rate - banks’ starting point when calculating mortgage rates - by a quarter of a percentage when calculating mortgage rates - by a quarter of a percentage point to 4.25 per cent, up from the 4 per cent level that has been in place since last month’s 25-basis-point rise.

''The Board judges that with growth likely to be around trend and inflation close to target over the coming year, it is appropriate for interest rates to be closer to average,'' RBA governor Glenn Stevens said in a statement accompanying the rates decision.

TToday’s rise extends a series of rate rises the RBA began in October, as the central bank battles to keep Australia’s economic expansion on track without an outbreak of inflation.

''The commentary was still very upbeat and we expected it to remain that way,'' said JP Morgan economist Helen Kevans.

The terms of trade - the relative balance of export prices over import prices - is boosting income and will foster more investment, and add to the economy's momentum, Ms Kevans said.and add to the economy's momentum, Ms Kevans said.

Today’s rise will add about $45 to the cost of an average 25-year, $300,000 mortgage if it is passed on in full by the commercial banks.

This comes on top of the rises that have, since October, seen the average monthly mortgage bill climb by about $200.

The dollar rose on the RBA decision, adding about a quarter of US cent to trade recently at 92 US cents.cent to trade recently at 92 US cents.

SELLER TOOLS Reserve your free copy of the best seller "How to Sell Your Home For More"Now is a great time to sell, the current global climate doesn't make it impossible to sell. It means things must now be done differently...

We have secured a limited number of Ray Wood’s best selling real estate book, “How to Sell Your Home For More”. This book is one of Australia’s best selling real estate books and sellers aroundaround Australia are getting great results by following the tips and ideas inside.

If you’re selling soon, or know anyone that is, you’ll find this book will help you with the whole process.

How to get sold Audio

Sometimes it helps when your sellers can hear what they need to hear from someone else. How To Get SOLD! Is a timely reminder for motivated sellers that time on the market is a critical factor in selling for more.

An excellent lead generator to attract new sellers and a motivating reminder for current clients that need a little 'PUSH'.


What’s your property worth?Don’t miss out on your FREE, no obligation Report for your property

It’s 2010 and the big question on every property owners’ mind is, did the price of my propertygrow or shrink during 2009?

You may be looking at moving to a new home, selling to use the capital you have gained or perhaps you just want an idea of the equity that’s now available to assist you in your portfolio decisions for 2010.decisions for 2010.

GOOD NEWS! We have the answer!

We have just upgraded to Australia’s most accurate property Price Finder system and can

provide you with a FREE, 6 page report that contains statistical charts for your suburb along with real time sales results of properties similar to yours. All of this plus an estimate on the current market value based on a revolutionary new system that will estimate a sale or rental price.

Go to http://www.everythingpropertygroup.com/selling.htm



Search Criteria Search Summary

Sale Price AreaLowestHighest

Total

$ 250,000

$ 1,375,000

$ 68,067,750

61 m²

247 m²

13,389 m²

Sales Search Report - Chart Report

Sale Date: 06/10/2005 to 06/04/2010

Sale Price:

Land Size: Any

Property Any

Building: FELIX

Sales Found: 150

Year No. of Sales Average Moving Median LowGrowth High2005 5 $ 415,000$ 422,000 $ 403,000 $ 452,000

2006 38 $ 394,750$ 391,105 $ 250,000 $ 685,000-4.9 %

2007 47 $ 440,000$ 486,181 $ 290,000 $ 1,100,00011.5 %

2008 32 $ 442,500$ 439,219 $ 315,000 $ 600,0000.6 %

2009 28 $ 482,500$ 506,795 $ 324,000 $ 1,375,0009.0 %

This report has been compiled on 06/04/2010 by RE/MAX Everything Property Group. Property Data Solutions Pty Ltd 2010 - www.pricefinder.com.auThe materials provided are distributed as an information source only. © The State of Queensland (Dept. of Natural Resources, Mines and Energy) April/2010. Based on data provided with thepermission of the Dept. of Natural Resources, Mines and Energy: (QVAS) April/2010. The Dept. of Natural Resources, Mines and Energy makes no representations or warranties about accuracy,reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses,damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason.

Search SummarySearch Criteria

Sales Search Report - Image Report

Building: FELIX

Sale Date: 06/04/2009 to 06/04/2010

Sale Price:

Land Size: Any

Property Any

$ 475,000Median

88 m²

Total

$ 324,000

89 m²

$ 1,375,000

$ 509,750

1,852 m²

Area

185 m²

Average

Highest

61 m²

$ 10,704,750

Lowest

Sale Price

BRISBANE CITY

185 MARY ST, BRISBANE CITY

$ 445,000 24/09/2009 95 m²

122

UBD Ref: Brisbane - 004 P4

L63 SP140116:PAR NORTH BRISBANE

BRISBANE CITY


$ 499,000 17/08/2009 92 m²UBD Ref: Brisbane - 004 P4


BRISBANE CITY




BRISBANE CITY




This report has been compiled on 06/04/2010 by RE/MAX Everything Property Group. © Property Data Solutions Pty Ltd 2010 - www.pricefinder.com.auThe materials provided are distributed as an information source only. © The State of Queensland (Dept. of Natural Resources, Mines and Energy) April/2010. Based on data provided with thepermission of the Dept. of Natural Resources, Mines and Energy: (QVAS) April/2010. The Dept. of Natural Resources, Mines and Energy makes no representations or warranties about accuracy,reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses,damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason.

BRISBANE CITY




BRISBANE CITY




BRISBANE CITY




BRISBANE CITY


$ 324,000 16/06/2009 62 m²

-11



BRISBANE CITY





BRISBANE CITY


$ 530,000 03/12/2009 95 m²

122



BRISBANE CITY


$ 351,000 23/09/2009 62 m²

-11



BRISBANE CITY




BRISBANE CITY


$ 1,375,000 09/04/2009 185 m²

223



BRISBANE CITY


$ 500,000 23/12/2009 89 m²

122




BRISBANE CITY




BRISBANE CITY


$ 460,000 29/06/2009 80 m²

112



BRISBANE CITY


$ 855,000 31/07/2009 150 m²

233



BRISBANE CITY


$ 332,750 09/07/2009 61 m²

-11



BRISBANE CITY


$ 475,000 15/06/2009 80 m²

112




BRISBANE CITY




BRISBANE CITY


$ 430,000 27/04/2009 62 m²

411





TESTIMONIALS

RE/MAX Everything Property are a great company to deal with and I would recommend them to anyone. Their follow up and attention to detail is superb and in this day and age, it is this style of operational management that is the most important thing for client satisfaction.

RHONDA BANNISTER

I wish to thank you and your team for fantastic customer service you demonstrated through your professionalism, passion and enthusiasm. I would highly recommend you to my family and friends looking to buy or sell their inner city property.

SANELA LALIC

Michelle and I would like to thank you, Edwina and Cassie for the fantastic service and professionalism you have all provided from the outset.

In the event that we should look to sell a property in the future, we would have no hesitation in engaging your team.

Thank you for continually going out of your way.

VICVICTOR BORZILLO

Before I purchased my CBD Residential property 3109/128 Charlotte Street, I had made a number of visits to Brisbane looking at properties in surrounding suburbs with other different real estate agents. When I approached your office on the 26/09/08 your team had a more professional way of presenting themselves and also providing the relavent information on the properties I was looking at straight up front. Most of the other agents I dealt with did not seem to have the same approach as your team did.

I must admit i was pleased with the service provided by all the staff at RE/MAX Everything Property Group and wish you success in the future.success in the future.

BRIAN SANDERSON

Each time we deal with your team, we do so confidently, knowing that you are ahead of the game with all of the preparations of a sale. Nothing is left to chance. Dealing with RE/MAX Everything Property is a low maintenance, low risk experience.

Many service providers today have lost sight of the fact that good business is about relationship, & trust.We are pleased to yet again deal with your team, because you understand these principles, and understand us.

NEINEIL & MARLENE FINDLAY

EverythingPropertyGroup.com

Each office independently owned and operated © 2010 RE/MAX Everything Property

T:1300 128 011 F: 07 3221 5970 E: [email protected] Level 11, 320 Adelaide St, BRISBANE CITY | GPO Box 2078, BRISBANE, 4000

RE/MAX Everything Property Group Recovery Rate What is a Recovery Rate?

Recovery Rate is a term used in Real Estate showing the difference between an initial offer and the final sale price. This recovery rate relies entirely on the salespersons ability to negotiate towards achieving the highest sale price for the Seller.

PROPERTY INITIAL OFFER SALE PRICE %DIFFERENCE

1902/151 George St, BRISBANE CITY $585,000 $670,000 14.53%

238/420 Queen St, BRISBANE CITY $400,000 $450,000 12.50%

129/420 Queen St, BRISBANE CITY $420,000 $440,000 4.76%

3702/151 George St, BRISBANE CITY $670,000 $755,000 12.69%

74/321 Main St, KANGAROO POINT $600,000 $650,000 8.33%

RE/MAX Everything Property’s Average Recovery Rate 10.84%

Our ongoing commitment to educational development in negotiation skills across all demographics and states of the market ensure that we make buyers pay more for your property...not less.

We make buyers pay more...not less




10 Reasons why you won’t get generic Real Estate services from us We’ve researched what have been the best and worst experiences for property sellers using Brisbane Real Estate companies. We then came up

with 10 top things we do to ensure our special customers get exactly what they’re looking for!

1: Because we service a market place that deals with time poor, busy professionals we’ve researched how soon our special customers want a reply to their email or phone call. The verdict...under 4 business hours! Test us against our competitors, we have advanced systems in place to ensure you or you’re prospective purchaser gets attention...pronto!

2: We’re a new age agency realising that over 40% of property purchasers first locate their perfect property by visiting a Real Estate office website. Next to no interest is generated by window advertising in an inner city location. This is why we no longer waste your money on expensive CBD window retail space. Instead we divert these important funds into the development of EverythingPropertyGroup.com along with technology that helps your property to get more interest online. According to AL-EXA.com, EverythingPropertyGroup.com is now the most visited Brisbane based Real Estate web site. Our clients’ ego is more important than our own!

3: Migration into Brisbane is exploding and 63% of prospective Brisbane buyers and owners come from interstate or overseas. RE/MAX is the only truly international real estate organisation with over 110,000 Sales & Marketing Associates in 78 different countries. We’re connecting Brisbane to the world servicing the needs of customers our worldwide colleagues connect with and exposing your property through 6,503 RE/MAX offices!

4: Equal opportunity is important to everyone. It’s even more important in Real Estate to encourage fellow Agents to bring the purchaser willing to pay the highest price for your property to the negotiating table. This is why we provide an equal amount of reward to any other Real Estate Agent working with your most suitable purchaser. All in all, we’re legally obliged to act in your best interests in EVERYTHING we do!

5: We’re a marketing company given the privilege to sell your biggest asset for the biggest price. We’ve researched what re-sults come from what avenues. It wouldn’t be professional (or smart) of us to ask you to invest your hard earned cash into marketing mediums that are not going to give you the biggest bang for your buck!

6: We’re overstaffed, but c’mon...it is deliberate! We have a ratio of 1.5 support staff to every two Sales & Marketing Consult-ants. This enables us to outperform our competitors when it comes to service and attention to detail, along with enabling our Sales & Marketing Consultants to do what they do best, spend more time searching for your property’s best purchaser!

7: Have you met an Agent whose only advice is to take your property to Auction? We specialise in selling properties by all modern methods of sale. Our goal is to match the method of sale to YOUR unique needs.

8: We have a massive Contact Management System...okay we know you’ve heard that before. But it’s how we use it that counts! We enjoy the highest amount of repeat purchasers in the industry through the quality and informative content we con-stantly produce to keep in contact in more ways, more often. Try our most popular product, the weekly E-update service, sim-ply by subscribing at EverythingPropertyGroup.com!

9: We’re lead by an internationally recognised industry genius that is a sought after speaker at Real Estate events. Our new age team culture embraces ongoing weekly training by our accredited Life Coach. We recognise that it’s important that we’re happy & growing on the inside so that we can give more to those on the outside!

10: We guarantee to produce better quality marketing material than anybody else in the industry. Talk to the team member looking after you about our 60 Day Sale Guarantee, if we can’t live up to the service we promise to get the result you want, we will sell your property for FREE!

That’s enough of us tooting our own horn...now we would like to have the opportunity to toot yours! (Your property that is)!

take a closer look

We’re different on the inside...




It’s simple, your Property SOLD in 60 Days or we will sell it for FREE

After all we’re a professional marketing company, marketing your property to a worldwide marketplace of Buyers in order to obtain you the highest possible price.

We believe our new age marketing material and methods is of the highest standard in the industry and if you’re prepared to provide us with the honour of marketing your largest asset, then we think it’s only fair that we back up what we say with an industry first Guarantee!

At RE/MAX Everything Property Group, we think talk is cheap so your commitment to us deserves our full commitment to you.

Conditions Apply including the use of our Standard Marketing Package as a minimum. Please see the Team Member looking after you for our 60 Days Guarantee Commission Waiver Document for full terms and conditions.

Your commitment to us deserves our full commitment to you

We understand time is

important...

that’s why we offer our Sold in 60 Days Guarantee

felix apartments market report - april edition

Documents

new farm

kangaroo point kangaroo

new pedestrian bridges

goodwill bridge

scale of bridge

bridge projects

kurilpa bridges

completed kurilpa bridge