CMA 2
COMPARATIVE MARKET ANALYSIS
12 Carcoola Road Ringwood East VIC 3135
Marnie Wynen Email: [email protected] Mobile: 0418110721 Office: 87279555
YOUR PROFESSIONAL AGENT Marnie Wynen Email: [email protected] Mobile: 0418110721 Office: 87279555
Appleby Real Estate 20 Station Street, BAYSWATER VIC 3153 AUS +61(03)87279555 http://www.applebybayswater.com.au
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Page 2
YOUR PROPERTY 12 Carcoola Road Ringwood East VIC 3135
4
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
2
1
647m2
Page 3
SINGLE PROPERTY MAPPING Aerial View
Cadastral View
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Page 4
SOLD PROPERTIES 2 Bega Court Ringwood VIC 3134 Sold Price: Sold Date: Category: Lot Plan:
$905,000 23 Mar 2017 House 66/LP134723 RINGWOOD VIC
4
2
Distance:
2
881m2
1.16km
48 Berkley Road Ringwood VIC 3134 Sold Price: Sold Date: Category: Lot Plan:
$878,000 3 May 2017 House 108/LP113117 RINGWOOD VIC
4
2
Distance:
2
712m2
0.96km
37 Holland Road Ringwood East VIC 3135 Sold Price: Sold Date: Category: Lot Plan:
$901,000 1 Apr 2017 House: Standard 7/LP40798 RINGWOOD EAST VIC
3
Distance:
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
2
2
799m2
0.51km
Page 5
ON THE MARKET 3 Dublin Road Ringwood East VIC 3135 Listing Price: Listing Date: Agency: Lot Plan:
Contact Agent (under offer) 16 May 2017 Stockdale & Leggo Croydon 8/LP18919 RINGWOOD EAST VIC
3
1
Listing Type: Distance:
2
671m2
Normal Sale 0.88km
36 Grey Street Ringwood East VIC 3135 Listing Price: Listing Date: Agency: Lot Plan:
$890,000 - $935,000 18 May 2017 Philip Webb Ringwood 47/LP3025 RINGWOOD EAST VIC
4
2
Listing Type: Distance:
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
2
833m2
Normal Sale 0.89km
Page 6
MARKET COMPARISON 2 Bega Court Ringwood VIC 3134 First Ad Price: Last Ad Price: Auction Actual Sale Price: $905,000 % Change First to Last Ad Price: % Total Change:
4
2
Days On Market: Distance:
2
881m2
25 1.16km
48 Berkley Road Ringwood VIC 3134 First Ad Price: $880,000 Actual Sale Price: % Change First to Last Ad Price: % Total Change:
Last Ad Price: $840,000 $878,000 -4.55% -0.23%
4
2
Days On Market: Distance:
2
712m2
16 0.96km
1 Carcoola Road Ringwood East VIC 3135 First Ad Price: $875,000 Last Ad Price: $875,000 Actual Sale Price: % Change First to Last Ad Price: 0% % Total Change:
3
1
Days On Market: Distance:
-
713m2
54 0.11km
37 Holland Road Ringwood East VIC 3135 First Ad Price: Last Ad Price: Auction Actual Sale Price: $901,000 % Change First to Last Ad Price: % Total Change:
3
2
Days On Market: Distance:
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
2
799m2
27 0.51km
Page 7
AREA PROFILE The size of Ringwood East is approximately 5 square kilometres. It has 11 parks covering nearly 6% of total area. The population of Ringwood East in 2006 was 8,277 people. By 2011 the population was 9,754 showing a population growth of 17% in the area during that time. The predominant age group in Ringwood East is 0-14 years. Households in Ringwood East are primarily couples with children and are likely to be repaying between $1800 - $2400 per month on mortgage repayments. In general, people in Ringwood East work in a Professional occupation. In 2006, 73.6% of the homes in Ringwood East were owner-occupied compared with 70.5% in 2011. Currently the median sales price of houses in the area is $805,000.
Median Sales Price YEAR 2013 Median Price
YEAR 2014 Median Price
YEAR 2015 Median Price
YEAR 2016 Median Price
YEAR 2017 Median Price
January
$490,000
$546,000
$610,000
$750,000
$795,500
February
$490,000
$555,000
$610,500
$770,000
$800,000
March
$491,000
$560,000
$620,000
$770,000
$805,500
April
$498,000
$570,000
$629,000
$775,000
$805,000
May
$501,000
$580,000
$638,000
$776,500
n/a
June
$515,000
$578,000
$643,000
$770,000
n/a
July
$515,500
$580,000
$670,000
$776,500
n/a
August
$513,500
$585,000
$676,000
$792,750
n/a
September
$515,500
$585,000
$697,500
$790,000
n/a
October
$530,000
$600,000
$722,000
$790,500
n/a
November
$540,000
$600,000
$735,588
$791,000
n/a
December
$540,000
$610,000
$750,000
$795,750
n/a
Period
Statistics are calculated over a rolling 12 month period
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Page 8
Median Sales Price
Median Sales Price vs Number Sold
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Page 9
RECENT MEDIAN SALE PRICES Recent Median Sale Prices (House) RINGWOOD EAST Median Price
MAROONDAH Median Price
April 2017
$805,000
$771,250
March 2017
$805,500
$765,000
February 2017
$800,000
$755,000
January 2017
$795,500
$750,000
December 2016
$795,750
$750,000
November 2016
$791,000
$742,000
October 2016
$790,500
$735,000
September 2016
$790,000
$730,000
August 2016
$792,750
$726,750
July 2016
$776,500
$725,000
June 2016
$770,000
$720,000
May 2016
$776,500
$720,000
Period
Statistics are calculated over a rolling 12 month period
Recent Median Sale Prices (House)
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Page 10
SALES PER ANNUM Sales Per Annum (House) RINGWOOD EAST Number
Period Ending Mar 2017
121
Mar 2016
156
Mar 2015
162
Mar 2014
148
Mar 2013
144
Mar 2012
131
Mar 2011
133
Mar 2010
138
Mar 2009
136
Mar 2008
152 Statistics are calculated over a rolling 12 month period
Sales Per Annum (House)
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Page 11
SALES BY PRICE Sales By Price - 12 months (House) RINGWOOD EAST Number
Price $2M
0 Statistics are calculated over a rolling 12 month period
Sales By Price - 12 months (House)
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Page 12
CHANGE IN MEDIAN PRICE Change in Median Price (House) RINGWOOD EAST % Change
MAROONDAH % Change
Dec 2016
6.1%
16%
Dec 2015
22.95%
13.21%
Dec 2014
12.96%
9.05%
Dec 2013
12.03%
0.21%
Dec 2012
-5.95%
-6.73%
Dec 2011
-3.48%
18.99%
Dec 2010
21.15%
9.5%
Period
Dec 2009
4.36%
4.61%
Dec 2008
10.53%
14.91%
Dec 2007
18.2%
5.4%
Statistics are calculated over a rolling 12 month period
Change in Median Price (House)
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Page 13
12 CARCOOLA ROAD, RINGWOOD EAST 12 Carcoola Road Ringwood East VIC 3135
4
2
1
647m2
AGENT DETAILS
Marnie Wynen Email: [email protected] Mobile: 0418110721 Office: 87279555
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Page 14
DISCLAIMER Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication. The Appraisal Amount contained in the report may have been manually provided by the Agent; or may be based on an automated valuation model estimate provided by CoreLogic (AVM Estimated Value). AVM Estimated Values are current at the date of the publication only. It is computer generated and is not a professional appraisal of the subject property and should not be relied upon in lieu of appropriate professional advice. The accuracy of the methodology used to develop the AVM Estimated Value, the existence of the subject property, and the accuracy of the AVM Estimated Value and all rule sets provided are estimates based on available data and are not guaranteed or warranted. CoreLogic excludes all liability for any loss or damage arising in connection with the Appraisal Amount and/or AVM Estimated Value. The State of Victoria owns the copyright in the Property Sales Data and reproduction of that 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 Property Sales Data 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.
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Page 15
12 Carcoola Road Ringwood East VIC 3135
Marnie Wynen Email: [email protected] Mobile: 0418110721 Office: 87279555
YOUR PROFESSIONAL AGENT Marnie Wynen Email: [email protected] Mobile: 0418110721 Office: 87279555
Appleby Real Estate 20 Station Street, BAYSWATER VIC 3153 AUS +61(03)87279555 http://www.applebybayswater.com.au
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Page 2
YOUR PROPERTY 12 Carcoola Road Ringwood East VIC 3135
4
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
2
1
647m2
Page 3
SINGLE PROPERTY MAPPING Aerial View
Cadastral View
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Page 4
SOLD PROPERTIES 2 Bega Court Ringwood VIC 3134 Sold Price: Sold Date: Category: Lot Plan:
$905,000 23 Mar 2017 House 66/LP134723 RINGWOOD VIC
4
2
Distance:
2
881m2
1.16km
48 Berkley Road Ringwood VIC 3134 Sold Price: Sold Date: Category: Lot Plan:
$878,000 3 May 2017 House 108/LP113117 RINGWOOD VIC
4
2
Distance:
2
712m2
0.96km
37 Holland Road Ringwood East VIC 3135 Sold Price: Sold Date: Category: Lot Plan:
$901,000 1 Apr 2017 House: Standard 7/LP40798 RINGWOOD EAST VIC
3
Distance:
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
2
2
799m2
0.51km
Page 5
ON THE MARKET 3 Dublin Road Ringwood East VIC 3135 Listing Price: Listing Date: Agency: Lot Plan:
Contact Agent (under offer) 16 May 2017 Stockdale & Leggo Croydon 8/LP18919 RINGWOOD EAST VIC
3
1
Listing Type: Distance:
2
671m2
Normal Sale 0.88km
36 Grey Street Ringwood East VIC 3135 Listing Price: Listing Date: Agency: Lot Plan:
$890,000 - $935,000 18 May 2017 Philip Webb Ringwood 47/LP3025 RINGWOOD EAST VIC
4
2
Listing Type: Distance:
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
2
833m2
Normal Sale 0.89km
Page 6
MARKET COMPARISON 2 Bega Court Ringwood VIC 3134 First Ad Price: Last Ad Price: Auction Actual Sale Price: $905,000 % Change First to Last Ad Price: % Total Change:
4
2
Days On Market: Distance:
2
881m2
25 1.16km
48 Berkley Road Ringwood VIC 3134 First Ad Price: $880,000 Actual Sale Price: % Change First to Last Ad Price: % Total Change:
Last Ad Price: $840,000 $878,000 -4.55% -0.23%
4
2
Days On Market: Distance:
2
712m2
16 0.96km
1 Carcoola Road Ringwood East VIC 3135 First Ad Price: $875,000 Last Ad Price: $875,000 Actual Sale Price: % Change First to Last Ad Price: 0% % Total Change:
3
1
Days On Market: Distance:
-
713m2
54 0.11km
37 Holland Road Ringwood East VIC 3135 First Ad Price: Last Ad Price: Auction Actual Sale Price: $901,000 % Change First to Last Ad Price: % Total Change:
3
2
Days On Market: Distance:
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
2
799m2
27 0.51km
Page 7
AREA PROFILE The size of Ringwood East is approximately 5 square kilometres. It has 11 parks covering nearly 6% of total area. The population of Ringwood East in 2006 was 8,277 people. By 2011 the population was 9,754 showing a population growth of 17% in the area during that time. The predominant age group in Ringwood East is 0-14 years. Households in Ringwood East are primarily couples with children and are likely to be repaying between $1800 - $2400 per month on mortgage repayments. In general, people in Ringwood East work in a Professional occupation. In 2006, 73.6% of the homes in Ringwood East were owner-occupied compared with 70.5% in 2011. Currently the median sales price of houses in the area is $805,000.
Median Sales Price YEAR 2013 Median Price
YEAR 2014 Median Price
YEAR 2015 Median Price
YEAR 2016 Median Price
YEAR 2017 Median Price
January
$490,000
$546,000
$610,000
$750,000
$795,500
February
$490,000
$555,000
$610,500
$770,000
$800,000
March
$491,000
$560,000
$620,000
$770,000
$805,500
April
$498,000
$570,000
$629,000
$775,000
$805,000
May
$501,000
$580,000
$638,000
$776,500
n/a
June
$515,000
$578,000
$643,000
$770,000
n/a
July
$515,500
$580,000
$670,000
$776,500
n/a
August
$513,500
$585,000
$676,000
$792,750
n/a
September
$515,500
$585,000
$697,500
$790,000
n/a
October
$530,000
$600,000
$722,000
$790,500
n/a
November
$540,000
$600,000
$735,588
$791,000
n/a
December
$540,000
$610,000
$750,000
$795,750
n/a
Period
Statistics are calculated over a rolling 12 month period
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Page 8
Median Sales Price
Median Sales Price vs Number Sold
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Page 9
RECENT MEDIAN SALE PRICES Recent Median Sale Prices (House) RINGWOOD EAST Median Price
MAROONDAH Median Price
April 2017
$805,000
$771,250
March 2017
$805,500
$765,000
February 2017
$800,000
$755,000
January 2017
$795,500
$750,000
December 2016
$795,750
$750,000
November 2016
$791,000
$742,000
October 2016
$790,500
$735,000
September 2016
$790,000
$730,000
August 2016
$792,750
$726,750
July 2016
$776,500
$725,000
June 2016
$770,000
$720,000
May 2016
$776,500
$720,000
Period
Statistics are calculated over a rolling 12 month period
Recent Median Sale Prices (House)
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Page 10
SALES PER ANNUM Sales Per Annum (House) RINGWOOD EAST Number
Period Ending Mar 2017
121
Mar 2016
156
Mar 2015
162
Mar 2014
148
Mar 2013
144
Mar 2012
131
Mar 2011
133
Mar 2010
138
Mar 2009
136
Mar 2008
152 Statistics are calculated over a rolling 12 month period
Sales Per Annum (House)
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Page 11
SALES BY PRICE Sales By Price - 12 months (House) RINGWOOD EAST Number
Price $2M
0 Statistics are calculated over a rolling 12 month period
Sales By Price - 12 months (House)
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Page 12
CHANGE IN MEDIAN PRICE Change in Median Price (House) RINGWOOD EAST % Change
MAROONDAH % Change
Dec 2016
6.1%
16%
Dec 2015
22.95%
13.21%
Dec 2014
12.96%
9.05%
Dec 2013
12.03%
0.21%
Dec 2012
-5.95%
-6.73%
Dec 2011
-3.48%
18.99%
Dec 2010
21.15%
9.5%
Period
Dec 2009
4.36%
4.61%
Dec 2008
10.53%
14.91%
Dec 2007
18.2%
5.4%
Statistics are calculated over a rolling 12 month period
Change in Median Price (House)
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Page 13
12 CARCOOLA ROAD, RINGWOOD EAST 12 Carcoola Road Ringwood East VIC 3135
4
2
1
647m2
AGENT DETAILS
Marnie Wynen Email: [email protected] Mobile: 0418110721 Office: 87279555
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Page 14
DISCLAIMER Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication. The Appraisal Amount contained in the report may have been manually provided by the Agent; or may be based on an automated valuation model estimate provided by CoreLogic (AVM Estimated Value). AVM Estimated Values are current at the date of the publication only. It is computer generated and is not a professional appraisal of the subject property and should not be relied upon in lieu of appropriate professional advice. The accuracy of the methodology used to develop the AVM Estimated Value, the existence of the subject property, and the accuracy of the AVM Estimated Value and all rule sets provided are estimates based on available data and are not guaranteed or warranted. CoreLogic excludes all liability for any loss or damage arising in connection with the Appraisal Amount and/or AVM Estimated Value. The State of Victoria owns the copyright in the Property Sales Data and reproduction of that 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 Property Sales Data 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.
© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.
Page 15
