June '14 to September '14 - Point Vernon Quarterly Market Report

www.whitneymitchell.com.au

Point Vernon Quarterly Marketplace Reports

PROPERTY SOLD 1st April - 30th June 2014

1st July - 30th September 2014

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

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


A message from Rob Whitney Great to be catching up with you for another market update and this month puts us smack in the middle of Spring and we have heard that ‘Spring brings out the best of costal properties’. As we enjoy the view outside our office we notice the nice weather is resulting in more traffic - more buyers and more sellers out there in the market place.

The Fraser Coast property market appears to be on the move. With the recent completion of the much awaited extension to the existing Stockland Shopping Centre and the completion of the new

St Stephens Private Hospital expected shortly, confidence is up and property sales are increasing. As a result of reducing stock levels and consistent demand, agents are reporting slight pricing improvements in the sub $350,000 market, and an increase in demand for properties in the $350,000-$500,000 price bracket. Hervey Bay is experiencing a relatively tight rental market and construction activity has also increased as more people are moving to the area. These trends are expected to continue for the remainder of the year.

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.

The Fraser Coast region has received recognition in a number of positive ways in the past few weeks. With Wide Bay Hospital and health Services emerging as the only Queensland health service to register a surplus last financial year and two Fraser Coast suburbs being hailed as investment hotspots, investor confidence is on the rise.

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 the Fraser Coast.

Kind Regards

Rob Whitney Mobile: 0408 147 871, Email: [email protected]

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

Your Key to Property Success

© 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.

Marketing Launched 9 August 2014 28 Days on Market

Buyer Inspections 34

Sold for

100% of the asking price

Total Offers: 3

Contract Date

Settlement Date

6 September 2014

7 October 2014

Sold Price $350,000

Save & Share Enquiries Open Homes Inspections

Market Activity Point Vernon Based on Houses sold in Point Vernon from the last 12 months

141 houses sold

Campaign - Auction

Buyer Enquiries

49949449 Online Views

2939293929392939 Save & Shares

40040440

31%

3%

39%

27%

108 average days on market

SOLDSOLDSOLDSOLD

SOLDSOLDSOLDSOLD

SOLDSOLDSOLDSOLD

Online Views On realestate.com.au at 1 September

Point Vernon

22%22%22%22%

14 Earls Ct

78%78%78%78%

$295,000 median sale price

14 Earls Ct

77773333%%%%

Point Vernon

27%27%27%27%

Online Engagements On realestate.com.au at 1 September



ANOTHER SUCCESSFUL MARKETING CAMPAIGN FROM WHITNEY MITCHELL

14 EARLS COURT POINT VERNON

3 bed rooms

3 car spaces

804m2 land size

2 bath rooms

ANOTHER SUCCESSFUL MARKETING CAMPAIGN FROM WHITNEY MITCHELL

After we sell a property, we usually have additional buyers who did not buy but are still actively looking to. These people are often keenly interested in the local market.


Your key to property success!

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

FREE BOOK - Your Key to

Property Success!!! Valued at $24.95

If you are selling, SMS ‘FREE BOOK’ to 0408 147 871

for your copy of the Whitney Mitchell myths about

real estate book book.

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]

Your Key to Property Successt 07 4313 1111 f 07 4194 2433 a 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 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]


Properties Sold in Point Vernon


























The statistics and sale history in this report are generated from RP Data and are provided in good faith by Whitney Mitchell Real Estate, Hervey Bay. We cannot purport to their accuracy and will not be held in any way responsible for their accuracy or otherwise.


Contact Rob t 07 4313 1111 f 07 4194 2433 m 0408 147 871a 333 Esplanade, Scarness QLD 4655e [email protected]

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June '14 to September '14 - Point Vernon Quarterly Market Report

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