QMA Jan-Mar 2016 - Pimpama

QUARTERLY MARKET ANALYSISJANUARY TO MARCH, 2016

Who we are

Meet your local LJ Hooker property expertLJ Hooker CoomeraThe suburb of Coomera has evolved into one of Contact usthe Gold Coast's most sought after areas andhas been earmarked by the Gold Coast City The Hub 5/90 Days RdCouncil and the State Government as the new Upper Coomerasatellite growth suburb of the Gold Coast. 07 5585 7888 [email protected] and surrounding areas have coomera.ljhooker.com.auexperienced tremendous growth during the lastdecade in both residential and commercial Keep up with local new,development and you could say the same about property tips and specialthe growth and success of the LJ HookerCoomera coomera.ljhooker.com.au/myljhooker https://www.facebook.com/ljhcoomeraSo successful has the office been under the https://twitter.com/ljhcoomeradirection of the current management team that http://coomera.ljhooker.com.au/about-us/our-blogwe have purchased brand new and biggerpremises to accommodate our growth!Investing in our own premises shows theconfidence we have in the suburb and that LJ5 things that set us apart1. LJ Hooker Coomera is an office that is builton honesty and integrity2. Provides professional and personal service toall of our past and future clients3. LJ Hooker Coomera are high achievers-withnumerous zone, state & national awards4. Each year we put back thousands of dollars& many hours into fundraising events for clubs,cystic fibrosis, schools & the local community5. LJ Hooker Coomera is one of the largest &most experienced team locally-with over 100years of combined real estate experienceJoin myLJHooker today or contact usto find out more about a wide rangeof exclusive rewards and propertyinformation on offer:coomera.ljhooker.com.au

The current market

Sold Properties 18 Bella Boulevard Pimpama QLD 4209 Sale Price: $600,000 Sale Date: 8 Mar 2016 Area: 698m2 Attributes: 3 Beds, 2 Baths, 2 Car Spaces, 4 Lock Up Garages, 1 Ensuites 5/19 Collingrove Circuit Pimpama QLD 4209 Sale Price: $265,000 Sale Date: 8 Mar 2016 Area: 431m2 Approx Attributes: 2 Beds, 2 Baths, 1 Lock Up Garages, 1 Ensuites 2 Cranberrie Crescent Pimpama QLD 4209 Sale Price: $358,383 Sale Date: 8 Mar 2016 Area: 149m2 Approx Attributes: 3 Beds, 2 Baths, 2 Car Spaces, 1 Ensuites 15 Cranberrie Crescent Pimpama QLD 4209 Sale Price: $377,000 Sale Date: 7 Mar 2016 Area: 159m2 Approx Attributes: 3 Beds, 2 Baths, 2 Lock Up Garages 19 Firestone Avenue Pimpama QLD 4209 Sale Price: $479,500 Sale Date: 22 Feb 2016 Area: 300m2 Attributes: 4 Beds, 2 Baths, 2 Car Spaces© Copyright 2016 RP Data Pty Ltd trading as CoreLogic AU (CoreLogic), Local, State, and CommonwealthGovernments. All rights reserved.

8 Graham Street Pimpama QLD 4209 Sale Price: $210,000 Sale Date: 15 Jan 2016 Area: 300m2 Attributes: 4 Beds, 2 Baths, 2 Car Spaces 16 Moss Terrace Pimpama QLD 4209 Sale Price: $417,000 Sale Date: 5 Feb 2016 Area: 660m2 Attributes: 4 Beds, 2 Baths, 2 Car Spaces, 2 Lock Up Garages, 1 Ensuites 21 Shawnee Crescent Pimpama QLD 4209 Sale Price: $433,000 Sale Date: 17 Mar 2016 Area: 600m2 Attributes: 4 Beds, 2 Baths, 2 Car Spaces, 2 Lock Up Garages, 1 Ensuites 25 Swan Road Pimpama QLD 4209 Sale Price: $440,000 Sale Date: 10 Feb 2016 Area: 534m2 Attributes: 4 Beds, 2 Baths, 2 Lock Up Garages, 1 Ensuites© Copyright 2016 RP Data Pty Ltd trading as CoreLogic AU (CoreLogic), Local, State, and CommonwealthGovernments. All rights reserved.

The numbers

Recent Median Sale Prices Recent Median House Sale Prices Period Pimpama Gold Coast CityFebruary 2016 Median Price Median PriceJanuary 2016December 2015 $440,000 $530,000November 2015 $825,000 $525,000October 2015 $440,000 $557,000September 2015 $489,000 $541,000August 2015 $488,674 $545,000July 2015 $435,000 $550,000June 2015 $399,000 $556,000May 2015 $488,325 $540,000April 2015 $431,500 $535,000March 2015 $446,250 $535,000 $483,899 $533,500 $495,000 $537,000 Recent Median House Sale Prices© Copyright 2016 RP Data Pty Ltd trading as CoreLogic AU (CoreLogic), Local, State, and CommonwealthGovernments. All rights reserved.

Recent Median Unit Sale Prices Period Pimpama Gold Coast CityFebruary 2016 Median Price Median PriceJanuary 2016December 2015 $410,000 $340,000November 2015 $410,000 $370,500October 2015 $410,000 $371,000September 2015 $345,000 $370,000August 2015 $400,000 $380,000July 2015 $358,000 $365,000June 2015 $334,000 $365,000May 2015 $332,500 $365,000April 2015 $324,500 $359,500March 2015 $243,900 $368,500 $367,000 $363,000 $399,000 $370,000 Recent Median Unit Sale Prices© Copyright 2016 RP Data Pty Ltd trading as CoreLogic AU (CoreLogic), Local, State, and CommonwealthGovernments. All rights reserved.

Sales Per Annum Period House Sales Per Annum Pimpama Number 22016 1232015 1202014 652013 442012 302011 392010 612009 502008 472007 House Sales Per Annum© Copyright 2016 RP Data Pty Ltd trading as CoreLogic AU (CoreLogic), Local, State, and CommonwealthGovernments. All rights reserved.

Period Unit Sales Per Annum Pimpama Number 02016 872015 1182014 1472013 772012 822011 382010 342009 282008 312007 Unit Sales Per Annum© Copyright 2016 RP Data Pty Ltd trading as CoreLogic AU (CoreLogic), Local, State, and CommonwealthGovernments. All rights reserved.

Average Number of Days On The Market Quantity Average Number of Days on The MarketCOMMERCIAL $2,000,000 and over 0 118HOUSE Under $300,000 17 54 $300,000 - $399,999 23 105LAND $400,000 - $499,999 47 99 $500,000 - $599,999 8 63UNIT $600,000 - $699,999 7 132 $700,000 - $799,999 4 215 $900,000 - $999,999 1 132 $2,000,000 and over 0 182 Under $300,000 5 56 $300,000 - $399,999 4 131 $400,000 - $499,999 8 234 $500,000 - $599,999 1 7 $600,000 - $699,999 4 95 $1,800,000 - 1 275 $2,000,000 and over 0 570 Under $300,000 9 62 $300,000 - $399,999 9 102 $400,000 - $499,999 3 30© Copyright 2016 RP Data Pty Ltd trading as CoreLogic AU (CoreLogic), Local, State, and CommonwealthGovernments. All rights reserved.

DisclaimerWhilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracyor completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all forany loss or damage arising in connection with the data and information contained in this publication.Based on or contains data provided by the State of Queensland (Department of Natural Resources and Mines) 2016. Inconsideration of the State permitting use of this data you acknowledge and agree that the State gives no warranty in relation to thedata (including accuracy, reliability, completeness, currency or suitability) and accepts no liability (including without limitation, liabilityin negligence) for any loss, damage or costs (including consequential damage) relating to any use of the data. Data must not beused for direct marketing or be used in breach of the privacy laws.© Copyright 2016 RP Data Pty Ltd trading as CoreLogic AU (CoreLogic), Local, State, and CommonwealthGovernments. All rights reserved.

Are You Auction Ready?LJ Hooker Home Loans and its team of Specialists can provide a home loan pre-approval forpotential buyers at every auction. This will give purchasers a clear idea of how much money theycan spend on purchasing their dream home to allow them to bid at auctions with confidence.A home loan pre-approval is free and is valid for up to three months. We can also assist with the deposit usinga deposit bond if required.Buying at Auction ChecklistSTEP 1: Arrange a home loan pre-approval, so you know how much you can afford and what size deposit you will require.STEP 2: C ontact local real estate agents and start looking for a property. Make sure you are on their database for email alerts for upcoming property auctions that meet your criteria and are in your price range.STEP 3: A ttend various open homes and auctions - even if you are not interested in the property it will help you get a feel for how the process works and what the market is like in the area.STEP 4: Wait for your LJ Hooker Home Loan Specialist to advise you of your conditional loan approval. Then, if you are interested in a property, ask the real estate agent for a copy of the Contract of Sale.STEP 5: Decide how much you are prepared to spend on the property. What is your maximum bid? On auction day, this can help stop you getting carried away and bidding more than the property is worth, or more than you can afford.STEP 6: Instruct a solicitor to check the contract for you. You may also need to arrange for building and pest inspection reports.STEP 7: B efore auction day, make sure you have funds available to pay the deposit, should your bid be successful. The deposit is usually 10% of the purchase price, unless negotiated prior. If you’re paying it out of your own funds, you can use either a bank cheque or personal cheque. Or, if you’re using a Deposit bond, speak to your LJ Hooker Home Loan Specialist to get it organised.STEP 8: Register to bid. In some States you can do this by contacting the agent prior to auction or as you arrive at the auction. Please ensure you bring sufficient ID with you to register at the auction. If you prefer, you can authorise someone else (via written approval) to bid at the auction and sign on your behalf.STEP 9: M ake the winning bid!STEP 10: P ay the deposit and sign the contract.STEP 11: A dvise your LJ Hooker Home Loan Specialist of the property details.STEP 12:  W ait for your Home Loan Specialist to advise you of unconditional approval and a settlement date. Now’s a good time to arrange matters such as insurance for your property and to start planning for your move – removalists, change of address cards etc.STEP 13:  M ove in to your new home. Your local Home Loans Specialist is: Tony Burrows 0488 108 559 / 07 5502 2324 [email protected]

What are you looking for?Searching for your ideal property is so much easier, when you have a clearpicture of what you need and what you want.Finding a property can be a challenge, especially when you have so many different considerationsto take into account. Give yourself a head start through determining your ‘must have’ featurescompared to those you could possibly live without.Fill out this checklist and take it with you, or make a photocopy of the blank form and use it to compareproperties on your “short list”.Features Essential Preferable Handy Features Essential Preferable HandyLocation External features Close to work Fully-fenced yard Close to schools Close to parks Double/lock-up garage Close to shops or workshop Close to amenities (i.e. hospitals) Outdoor area Close to sports grounds/ local clubs Off-street car parking Close to train station/bus routes/ public transport North facing Close to family and friends Close to leisure and Swimming pool entertainment (i.e. cinemas) Security system Internal features Fully renovated/landscaped Separate dining room – no work required Separate children’s rumpus room/parents retreat Requires renovation/landscapingOpen plan layout – work required Guest room/area Additional toilet/bath No steps Study Modern kitchen Low maintenance Built-in heating/cooling system Street lighting Built-in wardrobes Additional storage Gas cooking/heating

LJ Hooker Coomera The Hub 5/90 Days Rd Upper Coomera 07 5585 7888 [email protected] coomera.ljhooker.com.au https://www.facebook.com/ljhcoomera https://twitter.com/ljhcoomera