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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 2433 a 333 Esplanade, Scarness QLD 4655
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Page 1: July '14 to October '14 - Urangan Quarterly Market Report

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

Page 2: July '14 to October '14 - Urangan Quarterly Market Report

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 child’s face upon receiving a Personalised Santa Letter!Santa can personalise details specific to your child just by you sending us the details required. It couldn’t be easier, get one for each child in your household.

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

FOR SANTA TO SEND THE LETTER, WE NEED THE FOLLOWING:Parent’s 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

Page 3: July '14 to October '14 - Urangan Quarterly Market Report

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 child’s face upon receiving a Personalised Santa Letter!Santa can personalise details specific to your child just by you sending us the details required. It couldn’t be easier, get one for each child in your household.

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

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

SEND ALL THESE DETAILS TO:[email protected]

Page 4: July '14 to October '14 - Urangan Quarterly Market Report

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.

Page 5: July '14 to October '14 - Urangan Quarterly Market Report

Properties Sold in Urangan

Your Key to Property Success

Page 6: July '14 to October '14 - Urangan Quarterly Market Report

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.

Page 7: July '14 to October '14 - Urangan Quarterly Market Report

Properties Sold in Urangan

Your Key to Property Success

Page 8: July '14 to October '14 - Urangan Quarterly Market Report

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.

Page 9: July '14 to October '14 - Urangan Quarterly Market Report

Properties Sold in Urangan

Your Key to Property Success

Page 10: July '14 to October '14 - Urangan Quarterly Market Report

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.

Page 11: July '14 to October '14 - Urangan Quarterly Market Report

Properties Sold in Urangan

Your Key to Property Success

Page 12: July '14 to October '14 - Urangan Quarterly Market Report

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.

Page 13: July '14 to October '14 - Urangan Quarterly Market Report

Properties Sold in Urangan

Your Key to Property SuccessYour Key to Property Success

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

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.

Page 15: July '14 to October '14 - Urangan Quarterly Market Report

Properties Sold in Urangan

Your Key to Property SuccessYour Key to Property Success

Page 16: July '14 to October '14 - Urangan Quarterly Market Report

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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