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Bundall / Sorrento Paradise Point Market Analysis Report 2010 fnrqld.com.au Market Analysis Report 2010

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Page 1: market overview main beach

Bundall / SorrentoParadise Point

Market Analysis Report2010

fnrqld.com.au

Market Analysis Report

2010

Page 2: market overview main beach

MAIN BEACH 6 7 8

COMPARATIVE MARKET ANALYSIS

06 November 2010

25 RANKIN PDE, MAIN BEACH, QLD 4217

Agent Comments:

Land:

Carparks:

Bathrooms:

Bedrooms:

0 m²

8

7

6

Property Summary:

Name: Leesa Gill

This report prepared for:

[email protected] 5557 4888

0401070769First National Paradise Point

Anthony Do RozarioAgent

Office:

Mobile:

Office Phone:

Email:Website:

Contact your agent for further information:Features:

This report has been compiled on 06/11/2010 by First National Paradise Point. © Property Data Solutions Pty Ltd 2010 - www.pricefinder.com.auThe materials provided are distributed as an information source only. © The State of Queensland (Dept. of Natural Resources, Mines and Energy) November/2010. Based on data provided with thepermission of the Dept. of Natural Resources, Mines and Energy: (QVAS) November/2010. The Dept. of Natural Resources, Mines and Energy makes no representations or warranties about accuracy,reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses,damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason.

Page 3: market overview main beach

25 RANKIN PDE, MAIN BEACH, QLD 4217

AXEL PROPERTIES PTY LTDOwner Name(s):

Owner Details

Owner Address: 312 FERRY RD, SOUTHPORT QLD 4215

Owner Type:Owner Occupied:Phone(s): No

L2 SP142175:PAR GILSTONRPD:

Property Details

Pri Land Use: BUILDING UNITS (PRIMARY 2nd Land Use:

Area: 0 m²

Tenure Type:NONE Freehold [Unit]

Valuation: Date:

Valuation: Date:

Property Type: Unit

6 7 8

Local Authority: GOLD COAST CITY (GOLD COAST)

UBD Ref: 029 L17

Water/Sewerage: Yes Yes /Features:

Plan #: LG Zoning: Parish:

SP142175 RESIDENTIAL B (GOLD COAST) GILSTON

Zoning

Last Sale Amount: Last Sale Date: Sale Type: Parties Related:

$ 1,700,000 26/10/2006 Normal Sale No

$ 1,400,000 30/07/2004 Normal Sale No

Sales History

This report has been compiled on 06/11/2010 by First National Paradise Point. © Property Data Solutions Pty Ltd 2010 - www.pricefinder.com.auThe materials provided are distributed as an information source only. © The State of Queensland (Dept. of Natural Resources, Mines and Energy) November/2010. Based on data provided with thepermission of the Dept. of Natural Resources, Mines and Energy: (QVAS) November/2010. The Dept. of Natural Resources, Mines and Energy makes no representations or warranties about accuracy,reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses,damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason.

Page 4: market overview main beach

MAIN BEACH - Locality Image - Price Range

MAIN BEACH - Locality Image - Sale Date

This report has been compiled on 06/11/2010 by First National Paradise Point. © Property Data Solutions Pty Ltd 2010 - www.pricefinder.com.auThe materials provided are distributed as an information source only. © The State of Queensland (Dept. of Natural Resources, Mines and Energy) November/2010. Based on data provided with thepermission of the Dept. of Natural Resources, Mines and Energy: (QVAS) November/2010. The Dept. of Natural Resources, Mines and Energy makes no representations or warranties about accuracy,reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses,damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason.

Page 5: market overview main beach

MAIN BEACH - Sales & Growth Chart (Unit)

Year No. of Sales Average Median LowGrowth High1992 246 $ 220,000$ 276,097 $ 17,500 $ 1,900,000

1993 270 $ 230,000$ 266,915 $ 76,000 $ 1,300,0004.5 %

1994 326 $ 274,000$ 327,181 $ 50,000 $ 8,600,00019.1 %

1995 309 $ 280,000$ 316,158 $ 90,000 $ 1,550,0002.2 %

1996 333 $ 260,000$ 312,234 $ 38,100 $ 11,000,000-7.1 %

1997 336 $ 272,000$ 365,063 $ 42,500 $ 14,750,0004.6 %

1998 420 $ 295,000$ 348,951 $ 4,000 $ 2,300,0008.5 %

1999 405 $ 307,000$ 347,694 $ 77,500 $ 1,500,0004.1 %

2000 380 $ 285,000$ 355,024 $ 100,000 $ 3,293,132-7.2 %

2001 574 $ 336,250$ 457,633 $ 72,500 $ 3,900,00018.0 %

2002 477 $ 393,000$ 509,828 $ 95,000 $ 3,293,13216.9 %

2003 432 $ 475,000$ 562,159 $ 140,000 $ 4,500,00020.9 %

2004 365 $ 530,000$ 664,560 $ 164,000 $ 5,000,00011.6 %

2005 308 $ 572,500$ 746,286 $ 177,000 $ 5,000,0008.0 %

2006 315 $ 585,000$ 809,612 $ 180,000 $ 3,500,0002.2 %

2007 381 $ 640,000$ 773,945 $ 189,000 $ 6,420,0009.4 %

2008 173 $ 670,000$ 919,689 $ 200,000 $ 5,500,0004.7 %

2009 214 $ 602,500$ 738,429 $ 185,000 $ 3,500,000-10.1 %

2010 115 $ 690,000$ 846,043 $ 225,000 $ 3,800,00014.5 %

This report has been compiled on 06/11/2010 by First National Paradise Point. © Property Data Solutions Pty Ltd 2010 - www.pricefinder.com.auThe materials provided are distributed as an information source only. © The State of Queensland (Dept. of Natural Resources, Mines and Energy) November/2010. Based on data provided with thepermission of the Dept. of Natural Resources, Mines and Energy: (QVAS) November/2010. The Dept. of Natural Resources, Mines and Energy makes no representations or warranties about accuracy,reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses,damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason.

Page 6: market overview main beach

MAIN BEACH - Properties For Sale

Search Criteria Search Summary

Price Area

Lowest

Highest

Average

Median

$ 1,800,000

$ 2,350,000

$ 2,065,625

561 m²

916 m²

774 m²

Days

11

303

108

$ 2,095,000 103 808 m²

Total $ 16,525,000 979 3,094 m²

Radius: 500 m

Focus 25 RANKIN PDE, MAIN BEACH, QLD 4217

60 WOODROFFE AVE, MAIN BEACH

27/10/2010

N/ADate listed:

$1,895,000

Distance from Property: 150m

11 DaysFirst listed at:

MAIN BEACH 3 3 4

2-3269 SURFERS PARADISE BLVD,SURFERS PARADISE

23/09/2010

N/ADate listed:

$2290000 45 DaysFirst listed at:

SURFERS PARADISE 6 4 -

$2,290,000

2/1 CNR NORTHCLIFFE & MARKWELLAVENUE, Surfers Paradise

03/09/2010

N/ADate listed:

Was $4.9mNOW ONLY

$3.95m 65 DaysFirst listed at:

Surfers Paradise 4 3 3

4 THE ESPLANADE, SURFERSPARADISE

19/08/2010

N/ADate listed:

$2,200,000 80 DaysFirst listed at:

SURFERS PARADISE 3 2 1

$2,200,000

This report has been compiled on 06/11/2010 by First National Paradise Point. © Property Data Solutions Pty Ltd 2010 - www.pricefinder.com.auThe materials provided are distributed as an information source only. © The State of Queensland (Dept. of Natural Resources, Mines and Energy) November/2010. Based on data provided with thepermission of the Dept. of Natural Resources, Mines and Energy: (QVAS) November/2010. The Dept. of Natural Resources, Mines and Energy makes no representations or warranties about accuracy,reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses,damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason.

Page 7: market overview main beach

25 BREAKER ST, MAIN BEACH

27/07/2010

561 m²Date listed:

$2,200,000

Distance from Property: 428m

103 Days1//SP189359 First listed at:

MAIN BEACH 3 2 2

$2,200,000

57 COMMODORE DRIVE, SURFERSPARADISE

16/07/2010

803 m²Date listed:

$1,990,000neg

Distance from Property: 537m

114 DaysL230 RP136080:PAR GILSTON First listed at:

SURFERS PARADISE 4 3 2

$1,990,000

MAIN BEACH, MAIN BEACH

14/07/2010

N/ADate listed:

$1,800,000 116 DaysFirst listed at:

MAIN BEACH 3 4 3

$1,800,000

7 NORSEMAN COURT, SURFERSPARADISE

18/06/2010

814 m²Date listed:

$2,350,000

Distance from Property: 579m

142 DaysL245 RP139189:PAR GILSTON First listed at:

SURFERS PARADISE 6 5 2

$2,500,000

-6.0 %

2 BUCCANEER COURT, SURFERSPARADISE

08/01/2010

916 m²Date listed:

$1,800,000

Distance from Property: 538m

303 DaysL223 RP139180:PAR GILSTON First listed at:

SURFERS PARADISE 3 2 2

$1,800,000

This report has been compiled on 06/11/2010 by First National Paradise Point. © Property Data Solutions Pty Ltd 2010 - www.pricefinder.com.auThe materials provided are distributed as an information source only. © The State of Queensland (Dept. of Natural Resources, Mines and Energy) November/2010. Based on data provided with thepermission of the Dept. of Natural Resources, Mines and Energy: (QVAS) November/2010. The Dept. of Natural Resources, Mines and Energy makes no representations or warranties about accuracy,reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses,damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason.

Page 8: market overview main beach

Search SummarySearch Criteria

Recent Comparables Sales

Radius: 500 m

Focus 25 RANKIN PDE, MAIN BEACH, QLD 4217

Sale Date: 06/01/2010 to 06/11/2010

Sale Price: $1,800,000.00 to $2,500,000.00

Land Size: Any

Property House

$ 1,950,000Median

835 m²

Total

$ 1,950,000

835 m²

$ 1,950,000

$ 1,950,000

835 m²

Area

835 m²

Average

Highest

835 m²

$ 1,950,000

Lowest

Sale Price

SURFERS PARADISE

64 COMMODORE DVE, SURFERS

$ 1,950,000 08/01/2010 835 m²

335

Distance from Property: 515mUBD Ref: Gold Coast - 029 K19

L226 RP139180:PAR GILSTON

This report has been compiled on 06/11/2010 by First National Paradise Point. © Property Data Solutions Pty Ltd 2010 - www.pricefinder.com.auThe materials provided are distributed as an information source only. © The State of Queensland (Dept. of Natural Resources, Mines and Energy) November/2010. Based on data provided with thepermission of the Dept. of Natural Resources, Mines and Energy: (QVAS) November/2010. The Dept. of Natural Resources, Mines and Energy makes no representations or warranties about accuracy,reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses,damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason.

Page 9: market overview main beach

Bundall / SorrentoParadise Point

fnrqld.com.au

Anthony Do RozarioTHE GOLD COAST’S MOST TRUSTED REAL ESTATE OPINION.

Page 10: market overview main beach

ANTHONY DO ROZARIO SENIOR SALES & MARKETING CONSULTANT

PROVEN SUCCESS WITH A FRESH CUSTOMER FOCUSED APPROACH

WANT A BETTER RESULT FOR YOU?

GETTING TO KNOW YOU

THE FIRST STEP IS TO CALL 0401 07 07 69 AND MAKE

AN APPOINTMENT FOR A FREE, SIT DOWN CONSULTATION

WITH ANTHONY, EITHER AT THE FIRST NATIONAL, PARADISE POINT

OFFICE OR SOMEWHERE MORE CONVENIENT FOR YOU.

WE WANT TO GET TO KNOW YOU, MAKE A REAL CONNECTION

AND COMPLETELY UNDERSTAND YOUR EXACT REQUIREMENTS.

2 ANTHONY DO ROZARIO / FIRST NATIONAL REAL ESTATE

WHEN YOU CHOOSE AN AGENT TO BUY OR SELL A PROPERTY FOR YOU,

REMEMBER THAT THIS WILL BE THE PERSON REPRESENTING YOU. THIS IS WHY IT IS PRUDENT TO PICK SOMEONE THAT HAS AN AMICABLE

PERSONALITY, GOOD SOCIAL SKILLS, LOCAL KNOWLEDGE AND IS WELL

KNOWN AND RESPECTED IN THE REGION YOU ARE BUYING OR SELLING IN.

ANTHONY DO ROZARIO OFFERS YOU A UNIQUE SET OR PERSONAL, ETHICAL

VALUES SUCH AS HONESTY AND CLARITY COMBINED WITH EXTENSIVE

EXPERIENCE AND GREAT SERVICE.

ANTHONY WORKS HARD TO ACHIEVE THE BEST POSSIBLE RESULTS FOR YOU.

SINCE 2002 ANTHONY HAS BEEN REGARDED AS ONE OF THE LEADING AGENTS IN THE HOPE ISLAND, OYSTER COVE AND MONTEREY KEYS MARKETS. WITH A LONG LIST OF RECORD SALE PRICES ACHIEVED. ANTHONY’S DEDICATION TO HIS CLIENTS HAS BEEN THE KEY TO HIS SUCCESS AND HIS STRONG REFERRAL NETWORK

Page 11: market overview main beach

ANTHONY DO ROZARIO / FIRST NATIONAL REAL ESTATE 3

ACHIEVING OUTSTANDING PRICES

RECENT SALES SUCCESS First Offer Sale Price Negotiation Margin

11 Westminster Ct, Sovereign Islands $4,400,000 $5,550,000 8.0%

12 Dalley Park Drive, Monterey Keys $570,000 $625,000 9.6%

67 Tranquility Circuit, Oyster Cove $700,000 $795,000 13.5%

8443 Magnolia Drive, Hope Island $450,000 $565,000 25.5%

430 Marine Pde, Biggera Waters $380,000 $409,000 7.63%

2311 Belmont Court, Hope Island $1,600,000 $1,700,000 6.2%

19 Westlake court, Monterey Keys $780,000 $885,000 13.46%

15 King Arthurs Court, Sovereign Islands $1,500,000 $1,700,000 13.3%

9 Eastside Esplanade, Monterey Keys $770,000 $815,000 5.84%

2160 Beaufort Way, Hope Island $2,500,000 $2,760,000 10.4% 54 Columbus Dr, Hollywell $500,000 $550,000 10.0%

23 Killowill, Paradise Point $500,000 $520,000 4.0%

1643 Riverdale Drive, Hope Island $750,000 $825,000 10%

10 Pebble Beach, Runaway Bay $930,000 $1,025,000 10.2%

8 Rouen Ave, Paradise Point $490,000 $525,000 7.14%

MEASURING SUCCESS

CHOOSING THE RIGHT AGENT CAN ADD THOUSANDS OF DOLLARS TO THE SALE OF YOUR HOME. IN SOME OF HIS

MOST RECENT SALES, ANTHONY HAS NEGOTIATED ON AVERAGE AN IMPRESSIVE 10.3% INCREASE ON THE BUYER’S

INITIAL OFFER. WHAT YOU WOULD LIKE TO ACHIEVE?, WOULD AN EXTRA 10% HELP YOU ACHIEVE YOUR PROPERTY GOALS?

MARGIN NEGOTIATION EXPERTISE

OUR RESULTS SPEAK FOR THEMSELVES.

THE KEY TO ACHIEVING A PREMIUM PRICE FOR YOUR PROPERTY IS THE AGENTS ABILITY TO NEGOTIATE A PRICE WELL IN EXCESS OF THE BUYERS FIRST OFFER. THIS IS CALLED THE NEGOTIATION MARGIN. WHEN SELECTING YOUR AGENT CONSIDER WHICH AGENT WILL BE CAPABLE OF EXTRACTING THAT EXTRA $10,000 OR $20,000 FROM THE BUYER FOR YOUR HOME.

Page 12: market overview main beach

ANTHONY DOROZARIO / FIRST NATIONAL REAL ESTATE 7

TESTIMONIALS“ We are completely happy with the result Anthony achieved for us in the sale of our home. Anthony did a professional job marketing our home and most importantly delivered on what he promised.At first we were reluctant to spend such a considerable amount of money on advertising however the end result proved to us that the money spent was one of the best investments we have ever made. Throughout the entire campaign we felt completely informed with complete feedback given after each inspection and never were left in the dark.We have already reccomended Anthony to our friends and family and if you are considering selling than Anthony is most certainly the agent you should call”

Geoffrey & Lisa Canning, Monterey Keys

“ Thank you Anthony for the outstanding job on selling our home. We have bought and sold quite a number of properties across the Gold Coast over the last 25 years and would rate your service and ability as second to none. Not only did you achieve us a fantastic price for our home but you kept us completely informed the entire way. With so many agents out there promising the world and not delivering it truly is refreshing to find an agent that cares and delivers on his promises. Well done, we wish you every success in the future”

Andrew & Julie Baker, Hope Island

To whom it may concern,After we had been on the market for quite some time without any luck Anthony approached us and offered to show us his strategy for getting our house sold. We would like to thank him for his hard work and effort that he put into the sale of our home. After only 3 weeks of listing our property with Anthony we were under contract for a new record sale price for the street. If you are considering selling your home there is no question that Anthony will get you the best result.

Steven & Lorraine Knobel, Riverlinks

Thank you Anthony for all of your hard work and tireless effort in the sale of our investment property. With living in a different state it was imperative to have an agent that we completely trusted and that could deliver transparent feedback on a regular basis to help with the decisions involved in selling our property. Not only did you keep us incredibly well informed throughout the entire campaign you offered sound advice as well. Thank you again, we would definitely recommend you in the future”

Max & Julie Price, Sydney

We just sold our waterfront home through Anthony from First National and would like to thank him for his efforts. We did have the property listed with a number of local agents however Anthony was the only agent who seemed to care about getting our house sold. He brought us a number of offers and negotiated the eventual sale. We would definitely reccomend Anthony to anyone considering a move”

Ben & Sohal Johnson, Monterey Keys

Page 13: market overview main beach

MARKET LEADERS FIRST NATIONAL PARADISE POINT

WHY CHOOSE US ?

> FIRST NATIONAL PARADISE POINT IS THE NUMBER 1 RESIDENTIAL OFFICE FOR FIRST NATIONAL REAL ESTATE IN AUSTRALIA

> 2 HIGH PROFILE AWARD WINNING OFFICES

> FIRST NATIONAL PARADISE POINT IS THE NUMBER 1 COMMERCIAL OFFICE FOR FIRST NATIONAL REAL ESTATE IN AUSTRALIA

> MAXIMUM EXPOSURE FOR YOUR PROPERTY WITH MULTIPLE WINDOW DISPLAYS ACROSS THE COAST

> LARGEST DATABASE OF POTENTIAL BUYERS AND INVESTORS

> NATIONALLY ACCLAIMED CORPORATE TRAINING

> SUPERIOR MARKET STRATEGIES

2 GRICE AVE,

PARADISE POINT, QLD 4216

TELEPHONE (07) 5529 5700

FACSIMILE (07) 5529 5777

MOBILE 0401 07 07 69

[email protected]

www.fnrqld.com.au

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Bundall / SorrentoParadise Point

Page 14: market overview main beach

Bundall / SorrentoParadise Point

PARADISE POINT

GOLD COAST

2 Grice Avenue Paradise Point Q 4216P 07 5529 5700Level 4 / 29 Crombie Avenue, Bundall Q 4217P 07 5557 4888

fnrqld.com.au