phil burley autumn update

Your place in the market.Autumn ‘16 Property Market Update I Phil Burley

Hello.

Welcome to my latest report for Norman Park, Hawthorne, Bulimba and Camp Hill residential property.

For more than ten years I have been helping people to buy and sell in these prized Brisbane suburbs and

although a lot has changed in that time with the significant amount of growth and development that has

taken place, our community spirit remains as vibrant, as captivating and as inviting as it has always been.

There is certainly a lot to love about living here and when I am not out helping people move I am, like you,

out there enjoying our first class amenities, parks and wonderful local cafe and dining scene.

properties sold across four suburbs

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As we start our climb towards the middle part of the year, it is interesting to see what changes have taken

place in the property market. Across Australia’s capital cities, and when compared to the same time last

year, house prices have continued to grow, albeit by smaller percentages than previously which suggests

that we have returned to a more modest paced market or cycle.

Year on year, Brisbane as a whole grew by 4.5% and remains one of Australia’s most stable and most

consistent market places in terms of capital growth. It is also unlikely that as a whole Brisbane will see any

significant swing or adjustment to this level throughout the remainder of 2016.

There are a number of factors that have resulted in Brisbane’s resilient trend since 2012, namely; consistent

population growth change with an average growth rate of 2.2% per annum over the last ten years, there

is generally less speculation based property investment and the market has consistently seen a level of

supply – or homes – coming to the market.

The current market.

Camp Hill “Many thanks for all your help in the sale of our property. We went with you on a

recommendation and we felt that we always received excellent service from you all

and achieved a great result. Phil’s communication after each open house was timely

and honest and we felt that our property was being very well represented. These

things are never an easy experience, however I felt that we were very supported with

well-placed advice from the team. Thank you for all your help.” J & K Williams

Norman Park top ten sales$1.5m

HIGHEST SALE PRICE

42 days

AVERAGE TIME ON THE MARKET

$420,000

LOWEST SALE PRICE

50 properties

NUMBER OF PROPERTIES FOR SALE

Street Address Bed Bath Car Land Size Sale Date Sale Price

1 35 Tennyson Street 4 3 2 405m2 Mar-16 $1,500,000

2 75 Brentnall Street 5 2 2 810m2 Feb-16 $1,380,000

3 178 Mcilwraith Avenue 4 2 2 405m2 Feb-16 $1,380,000

4 69 Macrossan Avenue 6 3 3 810m2 Feb-16 $1,360,000

5 120 Morehead Avenue 5 3 2 506m2 Jan-16 $1,195,000

6 9 Katherine Street 4 3 2 454m2 Mar-16 $1,130,000

7 1/49 Thackeray Street 4 3 2 227m2 Jan-16 $950,000

8 74 Mcilwraith Avenue 3 2 0 810m2 Jan-16 $900,000

9 129 Morehead Avenue 3 1 2 607m2 Mar-16 $750,000

10 4 Pattison Avenue 3 2 1 668m2 Mar-16 $730,000

Hawthorne top ten sales$1.975m

HIGHEST SALE PRICE

71 days


$400,500

LOWEST SALE PRICE

51 properties



1 99 Elliott Street 3 3 2 1019m2 Mar-16 $1,975,000

2 104 Philip Street 5 3 1 810m2 Feb-16 $1,660,000

3 17 Elliott Street 4 2 2 405m2 Mar-16 $1,520,000

4 7 Harris Street 4 2 2 382m2 Jan-16 $1,350,000

5 57 Barton Road 4 3 2 567m2 Mar-16 $1,060,000

6 20 Cawmore Road 4 3 2 599m2 Jan-16 $1,030,000

7 4/19 Mcdonald Street 3 2 2 227m2 Feb-16 $900,000

8 1/42 Philip Street 3 2 2 177m2 Mar-16 $855,000

9 70 Riding Road 4 3 2 241m2 Feb-16 $825,000

10 59 Beatrice Street 3 2 1 405m2 Jan-16 $790,000

Bulimba top ten sales$1.9m

HIGHEST SALE PRICE

79 days


$440,000

LOWEST SALE PRICE

81 properties



1 90-94 Oxford Street - - - 289m2 Jan-16 $1,900,000

2 31 Kenbury Street 5 3 3 455m2 Mar-16 $1,800,000

3 41 Pine Street 5 2 2 506m2 Feb-16 $1,650,000

4 71 Mcconnell Street 2 1 1 440m2 Feb-16 $1,535,000

5 129 Coutts Street 5 4 2 500m2 Jan-16 $1,470,000

6 53 Brisbane Street 5 3 2 407m2 Mar-16 $1,350,001

7 87 Waterline Crescent 4 3 2 436m2 Mar-16 $1,350,000

8 45-47 Carr Street 3 1 1 921m2 Jan-16 $1,225,000

9 2 Shore Crescent 4 3 2 325m2 Feb-16 $1,225,000

10 40 Carr Street 2 1 4 607m2 Feb-16 $915,000

Camp Hill top ten sales$1.42m

HIGHEST SALE PRICE

79 days


$262,000

LOWEST SALE PRICE

64 properties



1 56 Henderson Street 4 3 2 607m2 Mar-16 $1,420,000

2 57 Tranters Avenue 4 2 2 431m2 Feb-16 $1,280,000

3 3 Stephen Street 5 3 2 459m2 Jan-16 $1,220,250

4 51 Indus Street 4 3 2 572m2 Feb-16 $1,215,000

5 12 Grant Street 4 2 2 511m2 Mar-16 $1,195,000

6 81 Albert Street 3 1 1 885m2 Mar-16 $1,100,000

7 73 Tarana Street 3 1 1 885m2 Mar-16 $1,100,000

8 48 Brisbane Avenue 3 1 1 810m2 Mar-16 $1,091,000

9 23 Brisbane Avenue 5 3 2 405m2 Feb-16 $1,080,000

10 49 Stephen Street 4 3 2 405m2 Feb-16 $1,010,000

Camp Hill

Morningside

Phil has a very clear and astute grasp

of the market in general and quickly

saw the unique selling points of our

property.

JS & R Collings

As a developer, Phil has always been

professional in all my dealings with

him in the last 10 – 15 years. He has

sold over 20 of my homes and always

strives to maximize the price the buyers

are prepared to pay.

Bruce Bell

$1,100,000

$640,000

$1,350,000

$1,280,000

$935,000

$610,000

RECENTLY SOLD

PHIL BURLEY 0432 349 077

Camp Hill Phil has sold over 10 homes for me

and it is critical from my point of view

I have an agent who can maximize

every single dollar from every deal. Phil

has done this on a regular basis in all

markets. His negotiation skills are first

class. Hugh Bridle

Phil Burley

0432 349 [email protected]

phil burley autumn update

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