cma-28 stokes street, echuca, vic 3564

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Comparative Market Analysis 28 STOKES STREET, ECHUCA, VIC 3564 Prepared by Charles L King & Co First National

Andrew Elliott 28 Stokes Street Echuca, VIC, 3564

Dear Andrew RE: Property Appraisal Thank you for your invitation to appraise your property and provide you with an appraisal as to what your property may be worth in today's market. We have based this appraisal on current market conditions as well our extensive knowledge of the property market in the local area. Should you have any questions relating to the information contained with this document please feel free to contact me on the details below. Thank you again for the opportunity to access your property and for considering the services of our office. I look forward to working with you soon.

Kind Regards

Wayne Norwood

Charles L King & Co First National 172 Hare Street ECHUCA Email: [email protected] Phone: 03 5482 2111

28 STOKES STREET, ECHUCA, VIC 3564

Owner Details Owner Name(s):

THE PROPRIETORS

Owner Address:

Phone(s):

N/A

Owner Occupied:

Property Details

ID: 4415640 / VIC5366851

Owner Type:

UBD Ref:

3

-

-

RPD: 4//LP66538 (8530646) Property Type:

House - N/A

Area: 540 m² Land Use (1): Council:

DETACHED DWELLING

Land Use (2):

DETACHED DWELLING

CAMPASPE SHIRE

Area $/m2: Water/Sewerage:

Features:

Zoning Plan #:

Zoning:

LP66538

GENERAL RESIDENTIAL ZONE

Parish:

Sales History Sale Amount:

Sale Date:

Vendor:

Area:

Sale Type:

Related:

$0

09/08/2002

ELLIOTT; ELLIOTT

540 m²

Nils and Wills

No

$ 79,000

20/01/1999

BRENNAN & THOMPSON

540 m²

Normal Sale

No

$ 74,000

18/12/1993

FORSTER

540 m²

Normal Sale

No

$ 40,000

01/12/1987

540 m²

Normal Sale

No

This report has been compiled on 12/05/2017 by Charles L King & Co First National. Property Data Solutions Pty Ltd 2017 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

ECHUCA - Nearby Sold Properties (Price Range)

This report has been compiled on 12/05/2017 by Charles L King & Co First National. Property Data Solutions Pty Ltd 2017 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

ECHUCA - Nearby Sold Properties (Sale Date)

This report has been compiled on 12/05/2017 by Charles L King & Co First National. Property Data Solutions Pty Ltd 2017 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

ECHUCA - Nearby Properties For Sale

This report has been compiled on 12/05/2017 by Charles L King & Co First National. Property Data Solutions Pty Ltd 2017 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

ECHUCA - Sales & Growth Chart (House) Year

No. of Sales

Average

Median

1999

337

$ 121,983

$ 114,000

2000

315

$ 136,174

$ 127,000

2001

379

$ 138,284

$ 135,000

2002

408

$ 164,032

2003

446

2004

Growth

Low

High

$ 13,000

$ 1,300,000

11.4 %

$ 3,120

$ 535,000

6.3 %

$ 10,000

$ 400,000

$ 156,000

15.6 %

$ 8,222

$ 670,000

$ 182,802

$ 185,250

18.8 %

$ 20,000

$ 516,000

350

$ 206,723

$ 203,250

9.7 %

$ 3,725

$ 850,000

2005

340

$ 236,845

$ 220,000

8.2 %

$ 7,838

$ 1,165,000

2006

332

$ 270,101

$ 240,000

9.1 %

$ 24,711

$ 1,325,000

2007

291

$ 308,661

$ 250,000

4.2 %

$ 41,666

$ 5,445,000

2008

224

$ 289,893

$ 252,500

1.0 %

$ 70,000

$ 1,050,000

2009

243

$ 289,606

$ 260,000

3.0 %

$ 37,000

$ 1,225,056

2010

225

$ 298,965

$ 277,000

6.5 %

$ 42,000

$ 870,000

2011

227

$ 328,224

$ 290,000

4.7 %

$ 110,000

$ 1,710,000

2012

236

$ 333,358

$ 287,250

-0.9 %

$ 11,489

$ 1,950,000

2013

246

$ 337,865

$ 294,500

2.5 %

$ 49,000

$ 1,620,000

2014

269

$ 361,745

$ 300,000

1.9 %

$ 29,183

$ 7,177,500

2015

262

$ 360,693

$ 305,000

1.7 %

$ 55,000

$ 2,400,000

2016

258

$ 351,419

$ 320,000

4.9 %

$ 87,500

$ 1,620,000

2017

34

$ 336,132

$ 325,000

1.6 %

$ 155,000

$ 610,000

This report has been compiled on 12/05/2017 by Charles L King & Co First National. Property Data Solutions Pty Ltd 2017 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

Comparables Map for 28 STOKES STREET, ECHUCA, VIC 3564

For Rent

For Sale

Sold

This report has been compiled on 12/05/2017 by Charles L King & Co First National. Property Data Solutions Pty Ltd 2017 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

Nearby Comparable For Sale Properties Search Criteria

Search Summary

Records: 4

Focus Property: 28 STOKES STREET, ECHUCA, VIC 3564

Radius: 500 m Listed Period: Up to 12/05/2017

35 MCKENZIE ST, ECHUCA 3564 Property Type: House Area: 650 m² RPD: 9//LP67493

Price

Days

Area

Lowest

$ 220,000

1

560 m²

Highest

$ 289,000

172

690 m²

Average

$ 244,750

60

625 m²

Median

$ 235,000

33

625 m²

Distance from Property: 216m

3

1

Current List Price: $289,000 First List Price: $289,000 Date Listed: 11/05/2017 Days Listed: 1 Day Listed Price Change:

Features:

28 MCKENZIE ST, ECHUCA 3564 Property Type: House Area: 600 m² (13 m²) RPD: 1//TP159099

A

Distance from Property: 199m

3

1

Property Type: House Area: 690 m² RPD: 111//LP26160

B

Distance from Property: 535m

3

1

Property Type: House Area: 560 m² (13 m²) RPD: 16//LP55242

2

Current List Price: $230,000 First List Price: $230,000 Date Listed: 07/04/2017 Days Listed: 35 Days Listed Price Change:

Features: BRICK AND TILE, VERANDAH/DECK, ENTERTAINMENT AREA

3 CIVIC AVE, ECHUCA 3564

1

Current List Price: NOW $229,000 !! First List Price: NOW $229,000 !! Date Listed: 10/04/2017 Days Listed: 32 Days Listed Price Change:

Features:

260 OGILVIE AVE, ECHUCA 3564

1

Distance from Property: 203m

C

3

1

2

Current List Price: $249,000 ! First List Price: NOW REDUCED TO $258,000 ! Date Listed: 21/11/2016 Days Listed: 172 Days Listed Price Change: -4.0%

Features:

D

This report has been compiled on 12/05/2017 by Charles L King & Co First National. Property Data Solutions Pty Ltd 2017 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

Nearby Comparable Sold Properties Search Criteria

Search Summary

Records: 24

Focus Property: 28 STOKES STREET, ECHUCA, VIC 3564

Radius: 500 m Sale Date: 01/05/2016 to 12/05/2017

25 HAVERFIELD ST, ECHUCA, VIC 3564 Property Type: House Area: 630 m² Area $/m2: $379 RPD: 2//LP22755

Price

Days

Area

Lowest

$ 150,000

12

520 m²

Highest

$ 370,000

209

1,200 m²

Average

$ 249,435

57

689 m²

Median

$ 252,000

35

648 m²

Distance from Property: 311m

3

1

Sale Price: $239,000 (Agents Advice - Sale) Sale Date: 21/04/2017 Days to Sell: N/A Last Price: Chg %: First Price: Chg %:

Features:

269 OGILVIE AVE, ECHUCA, VIC 3564 Property Type: House Area: 600 m² Area $/m2: RPD: 8//LP21557

A

Distance from Property: 503m

3

1

Property Type: House Area: 670 m² Area $/m2: $321 RPD: 7//LP21557

Distance from Property: 499m

B

3

1

Property Type: House Area: 830 m² Area $/m2: $316 RPD: 1, 2//TP334145

2

Sale Price: $215,000 (Normal Sale) Sale Date: 27/02/2017 Days to Sell: 25 Days Last Price: Auction Chg %: First Price: Auction Chg %:

Features:

2 PREMIER ST, ECHUCA, VIC 3564

1

Sale Price: Price Withheld (Agents Advice - Sale) Sale Date: 01/04/2017 Days to Sell: 32 Days Last Price: Auction Chg %: First Price: Auction Chg %:

Features: VERANDAH/DECK, MODERN KITCHEN

271 OGILVIE AVE, ECHUCA, VIC 3564

2

C

Distance from Property: 422m

3

1

1

Sale Price: $262,000 (Normal Sale) Sale Date: 27/02/2017 Days to Sell: N/A Last Price: Chg %: First Price: Chg %:

Features:

D

This report has been compiled on 12/05/2017 by Charles L King & Co First National. Property Data Solutions Pty Ltd 2017 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

56 SIMMIE ST, ECHUCA, VIC 3564 Property Type: House Area: 560 m² Area $/m2: $562 RPD: 6//LP62459

Distance from Property: 84m

3

2

Sale Price: $315,000 (Normal Sale) Sale Date: 16/02/2017 Days to Sell: 143 Days Last Price: $329,000 Price ReducedChg %: -4.3% First Price: $345,000 Chg %: -8.7%

Features:

274 OGILVIE AVE, ECHUCA, VIC 3564 Property Type: House Area: 620 m² Area $/m2: $355 RPD: 2//LP64933

E

Distance from Property: 566m

3

1

Property Type: House Area: 810 m² Area $/m2: $284 RPD: 32//LP40091

F

Distance from Property: 548m

3

1

Property Type: House Area: 1,200 m² Area $/m2: $125 RPD: 1//TP681554

G

Distance from Property: 466m

3

1

Property Type: House Area: 670 m² Area $/m2: $246 RPD: 5//LP21557

2

Sale Price: $150,000 (Normal Sale) Sale Date: 09/09/2016 Days to Sell: 35 Days Last Price: $160,000 Chg %: -6.3% First Price: $160,000 Chg %: -6.3%

Features:

275 OGILVIE AVE, ECHUCA, VIC 3564

2

Sale Price: $230,000 (Normal Sale) Sale Date: 10/01/2017 Days to Sell: 42 Days Last Price: Contact Agent Chg %: -89.5% First Price: Contact Agent (Under Chg %: -86.9%

Features:

285 OGILVIE AVE, ECHUCA, VIC 3564

-

Sale Price: $220,000 (Normal Sale) Sale Date: 18/01/2017 Days to Sell: N/A Last Price: Chg %: First Price: Chg %:

Features:

41 FLEMING ST, ECHUCA, VIC 3564

4

H

Distance from Property: 492m

3

1

2

Sale Price: $165,000 (Normal Sale) Sale Date: 03/09/2016 Days to Sell: 30 Days Last Price: Auction Chg %: First Price: Auction Chg %:

Features: LOWSET, VERANDAH/DECK

I

This report has been compiled on 12/05/2017 by Charles L King & Co First National. Property Data Solutions Pty Ltd 2017 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

62 SIMMIE ST, ECHUCA, VIC 3564 Property Type: House Area: 820 m² Area $/m2: $329 RPD: 24//LP73054; 49A//PP2571

Distance from Property: 141m

3

1

Sale Price: $270,000 (Normal Sale) Sale Date: 27/08/2016 Days to Sell: 32 Days Last Price: Auction Chg %: First Price: AUCTION Chg %:

Features:

276 OGILVIE AVE, ECHUCA, VIC 3564 Property Type: House Area: 520 m² Area $/m2: $527 RPD: 1//LP64933

J

Distance from Property: 573m

3

1

Property Type: House Area: 690 m² Area $/m2: $287 RPD: 30//LP70539

K

Distance from Property: 162m

3

-

Property Type: House Area: 590 m² Area $/m2: $424 RPD: 27//LP55242

L

Distance from Property: 50m

3

2

Property Type: House Area: 674 m² Area $/m2: $402 RPD: 6//LP67493

1

Sale Price: $250,000 (Normal Sale) Sale Date: 13/08/2016 Days to Sell: N/A Last Price: Chg %: First Price: Chg %:

Features:

4 MARTIN ST, ECHUCA, VIC 3564

-

Sale Price: $198,000 (Normal Sale) Sale Date: 13/08/2016 Days to Sell: N/A Last Price: Chg %: First Price: Chg %:

Features:

25 CIVIC AVE, ECHUCA, VIC 3564

3

Sale Price: $274,000 (Normal Sale) Sale Date: 22/08/2016 Days to Sell: 12 Days Last Price: $295,000 Chg %: -7.1% First Price: $295,000 Chg %: -7.1%

Features:

19 POPLAR ST, ECHUCA, VIC 3564

1

M

Distance from Property: 176m

3

-

-

Sale Price: $271,000 (Normal Sale) Sale Date: 15/07/2016 Days to Sell: N/A Last Price: Chg %: First Price: Chg %:

Features:

N

This report has been compiled on 12/05/2017 by Charles L King & Co First National. Property Data Solutions Pty Ltd 2017 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

2 POPLAR ST, ECHUCA, VIC 3564 Property Type: House Area: 645 m² Area $/m2: $353 RPD: 1//TP143437

Distance from Property: 291m

3

1

2

Sale Price: $227,500 (Normal Sale) Sale Date: 02/06/2016 Days to Sell: 41 Days Last Price: $239,000 (Under Offer) Chg %: -4.8% First Price: Auction (Under Offer) Chg %:

Features: WALL TYPE: WEATHERBOARD, ROOF TYPE: COLOURBOND, BUILT IN/WIR, CLOSE TO SCHOOLS, CLOSE TO TRANSPORT, ENTERTAINMENT AREA,

O

1

2

7 POPLAR ST, ECHUCA, VIC 3564 Property Type: House Area: 650 m² Area $/m2: $409 RPD: 8//LP22755

Distance from Property: 226m

3

Sale Price: $266,000 (Normal Sale) Sale Date: 26/05/2016 Days to Sell: 24 Days Last Price: $285,000 (Under Offer) Chg %: -6.7% First Price: $285,000 (Under Offer) Chg %: -6.7%

Features:

13 CYPRESS ST, ECHUCA, VIC 3564 Property Type: House Area: 530 m² Area $/m2: $430 RPD: 1//TP258743

P

Distance from Property: 280m

3

1

Sale Price: $228,000 (Normal Sale) Sale Date: 24/05/2016 Days to Sell: N/A Last Price: Chg %: First Price: Chg %:

Features:

5 MARTIN ST, ECHUCA, VIC 3564 Property Type: House Area: 740 m² Area $/m2: $382 RPD: 5//LP73054

Q

Distance from Property: 163m

3

1

Property Type: House Area: 600 m² Area $/m2: $458 RPD: 21//LP66538

2

Sale Price: $283,000 (Normal Sale) Sale Date: 16/05/2016 Days to Sell: 60 Days Last Price: $293,000 Chg %: -3.4% First Price: $293,000 Chg %: -3.4%

Features:

7 STOKES ST, ECHUCA, VIC 3564

2

R

Distance from Property: 167m

3

1

2

Sale Price: $275,000 (Normal Sale) Sale Date: 02/05/2016 Days to Sell: 25 Days Last Price: $279,000 Chg %: -1.4% First Price: $279,000 Chg %: -1.4%

Features: BUILT IN/WIR, MODERN KITCHEN, AIR CONDITIONED, CLOSE TO SCHOOLS, CLOSE TO TRANSPORT, ENTERTAINMENT AREA, FULLY FENCED, SHED/S

S

This report has been compiled on 12/05/2017 by Charles L King & Co First National. Property Data Solutions Pty Ltd 2017 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

42 MCKENZIE ST, ECHUCA, VIC 3564 Property Type: House Area: 590 m² Area $/m2: $627 RPD: 1//LP44630

Distance from Property: 312m

4

2

Sale Price: $370,000 (Agents Advice - Sale) Sale Date: 01/02/2017 Days to Sell: 47 Days Last Price: $373,500 Chg %: -0.9% First Price: $380,000 (Under Offer) Chg %: -2.6%

Features:

58 SIMMIE ST, ECHUCA, VIC 3564 Property Type: House Area: 595 m² Area $/m2: $427 RPD: 7//LP62459

T

Distance from Property: 79m

4

2

Property Type: House Area: 772 m² Area $/m2: $335 RPD: 1//TP531175

U

Distance from Property: 569m

4

1

Property Type: House Area: 950 m² Area $/m2: $347 RPD: 52//LP13081

Distance from Property: 470m

2

V

2

Property Type: House Area: 580 m² Area $/m2: $362 RPD: 1//LP62459

1

Sale Price: $330,000 (Normal Sale) Sale Date: 16/12/2016 Days to Sell: N/A Last Price: Chg %: First Price: Chg %:

Features: FAMILY/RUMPUS ROOM, VERANDAH/DECK, MODERN KITCHEN, AIR CONDITIONED, CLOSE TO SCHOOLS, CLOSE TO TRANSPORT, ENTERTAINMENT

46 SIMMIE ST, ECHUCA, VIC 3564

1

Sale Price: $258,950 (Normal Sale) Sale Date: 09/05/2016 Days to Sell: N/A Last Price: Chg %: First Price: Chg %:

Features: BRICK AND TILE, BUILT IN/WIR, MODERN KITCHEN, AIR CONDITIONED, CLOSE TO SCHOOLS, CLOSE TO TRANSPORT, ENTERTAINMENT AREA, FULLY

32 PREMIER ST, ECHUCA, VIC 3564

2

Sale Price: $254,000 (Normal Sale) Sale Date: 16/11/2016 Days to Sell: 100 Days Last Price: $254,000 (Under Offer) Chg %: First Price: Auction - Prior Offers Chg %:

Features:

47 WATTLE ST, ECHUCA, VIC 3564

3

Distance from Property: 135m

1

W

1

2

Sale Price: $210,000 (Normal Sale) Sale Date: 20/09/2016 Days to Sell: 209 Days Last Price: $219,000 Chg %: -4.1% First Price: $219,000 Chg %: -4.1%

Features:

X

This report has been compiled on 12/05/2017 by Charles L King & Co First National. Property Data Solutions Pty Ltd 2017 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

28 STOKES STREET, ECHUCA, VIC 3564

3

-

-

Appraisal Price Range: This market analysis has been prepared on 12/05/2017 and all information given has been based on a current market analysis for the property listed above. Based on this, we believe this property to be estimated in the following range:

Property Summary:

Contact your agent for further information:

Land: 540 m²

Name:

Charles L King & Co First National

Features:

Mobile:

0408 505 733

Office:

Charles L King & Co First National

Office Phone:

03 5482 2111

Email:

[email protected]

This report has been compiled on 12/05/2017 by Charles L King & Co First National. Property Data Solutions Pty Ltd 2017 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.