One of the factors, and arguably the major one, that is fueling our current growth in the housing market is the tightness of supply of properties for sale.  To add context to how tight the market is currently, lets take the microscope to two postcodes in our local market to see how tightly each suburb is held.

Ascot – 4007

  • Area – 2.7 km2
  • Residences
    • Houses – 1,334                            Units – 1,610
  • Sold Properties in the last 6 months
    • Houses – 60 (4.49%)                   Units – 51 (3.16%)
  • Advertised Properties
    • Houses – 17 (1.2%)                     Units – 23 (1.42%)

Hamilton – 4007

  • Area – 3.7 km2
  • Residences
    • Houses – 1,168                            Units – 3,650
  • Sold Properties in the last 6 months
    • Houses – 47 (4.02%)                   Units – 99 (2.71%)
  • Advertised Properties
    • Houses – 21 (1.8%)                     Units – 116 (3.18%)

Clayfield – 4011

  • Area – 2.9 km2
  • Residences
    • Houses – 1,585                            Units – 3,350
  • Sold Properties in the last 6 months
    • Houses – 61 (3.8%)                     Units – 94 (2.8%)
  • Advertised Properties
    • Houses – 22 (1.3%)                     Units – 40 (1.2%)

Hendra – 4011

  • Area – 2.6 km2
  • Residences
    • Houses – 2,061                            Units – 385
  • Sold Properties in the last 6 months
    • Houses – 46 (2.9%)                     Units – 7 (1.8%)
  • Advertised Properties
    • Houses – 19 (1.2%)                     Units – 2 (0.5%)

** All data sourced from CoreLogic  – as at 8 May 2021

Couple this with the average time in a property expanding from 7 years to 12 years, this adds context to why it is hard to find your next home in our area.  It also explains why it’s a sellers’ market.

If you have made the decision to move or would like to explore your options, we would love to help you achieve a premium price for your current home. Our door is always open –  You are our focus.

Regards
Amanda
0438 767 439

FOR SALE

5/58 St Pauls Terrace, Spring Hill
For Sale

  • Commercial space with front and rear access
  • 21 sqm – 11 sqm shop, 6 sqm storage and 4 sqm powder room and exclusive use car park
  • View by Appointment
  • Click here for more information

5/106 Bonney Avenue, Clayfield
For Sale

127 North Pass, Tangalooma
For Sale

SOLD

3/58 St Pauls Terrace, Spring Hill

2 Hillgrove Street, Taigum

109/80 McIntyre Street, Hendra

FOR LEASE

33 Reeve Street, Clayfield

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Amanda Butler
Amanda Butler Principal - Licensed Real Estate Agent
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Paula Applin
Paula Applin Sales Manager - Licensed Real Estate Agent

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