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July '14 to October '14 - Urangan Quarterly Market Report

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  • www.whitneymitchell.com.au

    Urangan Marketplace Report

    PROPERTY SOLD 1st July - 31st October 2014

    t 07 4313 1111 f 07 4194 2433a 333 Esplanade, Scarness QLD 4655

  • Letter from Santa

    Christmas is on our doorstep already and understandably all kids love Christmas so at Whitney Mitchell Real Estate we have made it our tradition to give Santa a hand. We hope the magic that Santa brings creates a spark in their hearts and smiles on their faces.

    Imagine the excitement on your childs face upon receiving a Personalised Santa Letter!Santa can personalise details specific to your child just by you sending us the details required. It couldnt be easier, get one for each child in your household.

    WHAT SANTA NEEDS FROM YOU:Each childs name, age, gender, accomplishment for the year & what presents they want.

    FOR SANTA TO SEND THE LETTER, WE NEED THE FOLLOWING:Parents name, home address, daytime phone number & email.

    SEND ALL THESE DETAILS TO:[email protected]

    A message from Scott & Katrina Mitchell Welcome to our Winter/Spring quarterly market report which details all recorded property sales made between July to October specifically for Urangan Qld 4655.

    The Fraser Coast property market has been on the move with strong sales and buyer interest throughout the spring selling season. We also experienced a flow on effect from the strong sales happening in our capital cities with Sydney recording the highest capital growth on record!

    The recent completion of the much awaited extension to the Stockland Shopping Centre and the completion of the new St Stephens Private Hospital also brought a boost of confidence to Hervey Bay property market. Homes in the most popular price ranges up to $350,000 are now thinning out with buyer competition on some properties resulted in premium sales results for those sellers. We have also experienced an increase in demand for properties in excess of $500,000 with a number of homes being sold which had been on the market for long period previously. Hervey Bay has had a relatively tight rental market which has assisted in attracting investor interest. These trends are expected to continue for the remainder of the year which is great news for sellers and investors alike.

    Some exciting projects have been identified as key priorities for the benefit of the region and campaigns to advance these projects are gaining traction at state and federal government level.

    The Urangan Harbour redevelopment has been highlighted as the highest priority project for investment attraction and job creation and has the full support of the Hervey Bay Chamber of Commerce and Fraser Coast Regional Council. With the regional population tipped to grow by over 40% in the next 20 years, Gross Regional Product up by 1.5% last financial year and active pursuit of infrastructure and employment solutions to stay ahead of the growth curve, the time is ripe to start investing in Hervey Bay.

    We will continue to keep you informed with what is happening in real estate across your suburb and please do not hesitate to contact us directly if we can be of any further assistance at any time.

    Kind Regards

    Scott & Katrina Mitchell Mobile: 0428 484 499Email: [email protected]

    t 07 4313 1111 f 07 4194 2433 a 333 Esplanade, Scarness QLD 4655

    www.whitneymitchell.com.au

  • Letter from Santa

    Christmas is on our doorstep already and understandably all kids love Christmas so at Whitney Mitchell Real Estate we have made it our tradition to give Santa a hand. We hope the magic that Santa brings creates a spark in their hearts and smiles on their faces.

    Imagine the excitement on your childs face upon receiving a Personalised Santa Letter!Santa can personalise details specific to your child just by you sending us the details required. It couldnt be easier, get one for each child in your household.

    WHAT SANTA NEEDS FROM YOU:Each childs name, age, gender, accomplishment for the year & what presents they want.

    FOR SANTA TO SEND THE LETTER, WE NEED THE FOLLOWING:Parents name, home address, daytime phone number & email.

    SEND ALL THESE DETAILS TO:[email protected]

  • t 07 4313 1111 f 07 4194 2433 a 333 Esplanade, Scarness QLD 4655

    www.whitneymitchell.com.au

    Annual Dwelling Sales* May 2014

    5,7796% higher than one year ago, and 5%above the five year average for the region.

    Median Values June 2014

    The change in median values over theyear to June 2014 is recorded at:

    -0.1%Unit Values

    +2.9%House Values

    90%House Sales

    10%Unit Sales

    Houses

    Units

    -7.9%Vendor Discounting* Time on Market*

    101days

    $285Median Weekly Rent

    Indicative GrossRental Yield

    5.4%

    Median Value

    $290k

    5 Year Change in Median Value

    -3.8%

    -7.5%Vendor Discounting*

    $270Median Weekly Rent

    Indicative GrossRental Yield

    5.8%

    Median Value

    $249k

    5 Year Change in Median Value

    -10.9%

    Time on Market*

    127days

    0

    2,000

    4,000

    6,000

    8,000

    10,000

    12,000

    14,000

    1993

    1996

    1999

    2002

    2005

    2008

    2011

    2014

    Units Houses

    $200,000

    $220,000

    $240,000

    $260,000

    $280,000

    $300,000

    $320,000

    Jun-

    09

    Dec

    -09

    Jun-

    10

    Dec

    -10

    Jun-

    11

    Dec

    -11

    Jun-

    12

    Dec

    -12

    Jun-

    13

    Dec

    -13

    Jun-

    14

    Houses Units

    4655 Statistics

    2014 RP Data Pty Limited, All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

  • Properties Sold in Urangan

    Your Key to Property Success

  • Properties Sold in Urangan

    t 07 4313 1111 f 07 4194 2433 a 333 Esplanade, Scarness QLD 4655

    www.whitneymitchell.com.au

    2014 RP Data Pty Limited, All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

  • Properties Sold in Urangan

    Your Key to Property Success

  • Properties Sold in Urangan

    t 07 4313 1111 f 07 4194 2433 a 333 Esplanade, Scarness QLD 4655

    www.whitneymitchell.com.au

    2014 RP Data Pty Limited, All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

  • Properties Sold in Urangan

    Your Key to Property Success

  • Properties Sold in Urangan

    t 07 4313 1111 f 07 4194 2433 a 333 Esplanade, Scarness QLD 4655

    www.whitneymitchell.com.au

    2014 RP Data Pty Limited, All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

  • Properties Sold in Urangan

    Your Key to Property Success

  • Properties Sold in Urangan

    t 07 4313 1111 f 07 4194 2433 a 333 Esplanade, Scarness QLD 4655

    www.whitneymitchell.com.au

    2014 RP Data Pty Limited, All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

  • Properties Sold in Urangan

    Your Key to Property SuccessYour Key to Property Success

  • Properties Sold in Urangan

    t 07 4313 1111 f 07 4194 2433 a 333 Esplanade, Scarness QLD 4655

    www.whitneymitchell.com.au

    2014 RP Data Pty Limited, All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

  • Properties Sold in Urangan

    Your Key to Property SuccessYour Key to Property Success

  • www.whitneymitchell.com.au

    Contact Scott & Katrina t 07 4313 1111 f 07 4194 2433 m 0428 484 499a 333 Esplanade, Scarness QLD 4655e [email protected]

    wmreherveybayWhitneyMitchellRealEstate

    RealEstateHerveyBayScott & Katrina Mitchell

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