cma-42a somerville lane, riddells creek, vic 3431 AWS

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COMPARATIVE MARKET ANALYSIS 42A SOMERVILLE LANE, RIDDELLS CREEK, VIC 3431 PREPARED BY WENDI TURNER, RED CREEK REAL ESTATE, PHONE: 0435770030

42A SOMERVILLE LANE, RIDDELLS CREEK, VIC 3431

Owner Details Owner Name(s):

THE PROPRIETORS

Owner Address:

Phone(s):

N/A

Owner Occupied:

Property Details

ID: 17684538 / VIC129638163

Owner Type:

UBD Ref:

4

2

6

RPD: 1//PS626315 Property Type:

House - N/A

Area: 1,609 m² (0 m²) Land Use (1): Council:

Land Use (2):

N/A

Area $/m2:

MACEDON RANGES SHIRE

()

Water/Sewerage:

Features:

Zoning Plan #:

Zoning:

Parish:

PS626315 PS718488

Sales History

This report has been compiled on 21/08/2017 by Red Creek Real Estate. 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.

RIDDELLS CREEK - Nearby Properties For Rent

This report has been compiled on 21/08/2017 by Red Creek Real Estate. 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.

Demographics - Age of Population (2011)

Demographics - Family Composition (2011)

This report has been compiled on 21/08/2017 by Red Creek Real Estate. 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.

RIDDELLS CREEK - Median Weekly Rents (Houses) Suburb Sale Price Growth

+3.0% Current Median Price: $557,500 Previous Median Price: $541,000 Based on 114 registered House sales compared over the last two rolling 12 month periods.

Bedroom Breakdown

Suburb Rental Yield

+3.6% Current Median Price: $557,500 Current Median Rent: $385 Based on 34 registered House sales compared over the last 12 months.

RIDDELLS CREEK - Median Weekly Rents (Units) Suburb Sale Price Growth

+9.2% Current Median Price: $360,500 Previous Median Price: $330,000 Based on 13 registered Unit sales compared over the last two rolling 12 month periods.

Bedroom Breakdown

Suburb Rental Yield

+5.0% Current Median Price: $360,500 Current Median Rent: $345 Based on 7 registered Unit sales compared over the last 12 months.

This report has been compiled on 21/08/2017 by Red Creek Real Estate. 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 Rental Properties Search Criteria

Search Summary

Locality: RIDDELLS CREEK Postcode: 3431

Listed Period: 21/08/2016 to 21/08/2017

Price

Days

Area

Lowest

$ 400

14

338 m²

Highest

$ 500

47

4,957 m²

Average

$ 440

28

2,194 m²

Median

$ 420

28

1,431 m²

7 ELIZABETH CRT, RIDDELLS CREEK 3431 Property Type: House Area: 338 m² RPD: 604//PS613324

Records: 6

3

2

2

2

2

1

1

2

2

Current Rent Price: $400.00 First Rent Price: $400.00 Month Listed: July 2017* (Rented)

Features:

51 GAP RD, RIDDELLS CREEK 3431 Property Type: House Area: 4,957 m² RPD: 17//LP80586

3 Current Rent Price: $410 Per Week First Rent Price: $410 Per Week Month Listed: June 2017* (Rented)

Features:

40 RACECOURSE RD, RIDDELLS CREEK 3431 Property Type: House Area: 1,502 m² RPD: 12//LP92486

4 Current Rent Price: $420 PW First Rent Price: Month Listed: February 2017* (Rented)

Features:

148 MAIN RD, RIDDELLS CREEK 3431 Property Type: House Area: 4,000 m² (233 m²) RPD: 2//LP122763

4 Current Rent Price: $500 First Rent Price: $500

Month Listed: December 2016* (Rented)

Features:

This report has been compiled on 21/08/2017 by Red Creek Real Estate. 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.

11 BLUEGUM CCT, RIDDELLS CREEK 3431 Property Type: House Area: 1,360 m² RPD: 135//PS627348

4

2

2

Current Rent Price: $420 First Rent Price: $420 Month Listed: November 2016* (Rented)

Features:

43 MAHONEYS RD, RIDDELLS CREEK 3431 Property Type: House Area: 1,009 m² RPD: 1//TP802188

4

2

4

Current Rent Price: $490 First Rent Price: $490 Month Listed: October 2016* (Rented)

Features:

This report has been compiled on 21/08/2017 by Red Creek Real Estate. 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.

42A SOMERVILLE LANE, RIDDELLS CREEK,...

4

2

6

Appraisal Price Range: This market analysis has been prepared on 21/08/2017 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:

$430pw to $450pw

Property Summary:

Contact your agent for further information:

Land: 1609 m²

Agent Name:

Wendi Turner

Features:

Mobile:

0435770030

Office:

Red Creek Real Estate

Office Phone:

03 97447967

Email:

[email protected]

This report has been compiled on 21/08/2017 by Red Creek Real Estate. 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.