Summer Newsletter
February 2016
Walter Taylor Bridge, Chelmer
rwgraceville.com.au
[email protected] P O Box 2021 T: 07 3379 7111
308 Oxley Road
F: 07 3379 7084
Graceville Q 4075
This Issue Real Estate Property Markets Overview P.1 Our Team P.2 Our Just Listed & Just Sold Properties P.3
The Real Estate Property Markets continue to be heavily influenced by buyer sentiment with a focus on what is happening in our local markets and macro economic conditions. Property Markets in the holiday areas are experiencing higher demand and it is expected that our Brisbane market will gather some steam after the extended Christmas break. Depending on which state you live in, the outlook for 2016 remains mixed. Events overseas with the recent suspended trading sessions on the Shanghai stock exchange and recent currency devaluations are expected to impact on our Australian Capital City Property Markets where Chinese investors have invested heavily in Sydney and Melbourne. The markets are off the boil in some segments with other
Tony Poulsen, Principal
inner city areas performing well.
Things to watch out for this year:
Supply for new apartments outstripping demand will possibly lead to some discounting of prices.
Rental Markets remain soft locally with the increased supply of new units.
There is continuing speculation on the direction of Australian interest rates following the recent increase in rates by the US Federal Reserve off a historic low base.
Quality properties within 10km of CBD and close to public transport corridors will always be keenly sought after.
The Australian dollar is predicted to move below 70c, and this should give Australian manufacturers and primary producers some relief. Future government policy and direction will be carefully reviewed in the light of world events and falling revenue which is impacting on the budget.
Election - Federal.
Impact of oil prices and commodity prices on the world economy.
We are positive about our local markets and encourage careful review and investigation of the market and its different segments.
-Tony Poulsen
Ray White Graceville Sales Team
Tony Poulsen, Principal 0417 070 328
[email protected] Russell Gregory 0414 250 132
Carolyn Dodgson 0418 740 449
[email protected] [email protected] Jan Knight 0410 554 445
Mervyn Chen 0423 905 715
Roma Dudzinska 0401 571 838
[email protected] [email protected] [email protected] Rita Sauvage, Lending Specialist 0409 852 252
[email protected] Just Listed 23 Premier St, Oxley Offers over $600,000 4 bed, 2 bath, 1 car Listed by Jan Knight
109 Englefield Rd, Oxley Mid $600,000’s 4 bed, 2 bath, 2 car Listed by Russell Gregory & Carolyn Dodgson
25 Ettie St, Sherwood Auction 12/03/16 On Site 10.00am 3 bed, 2 bath, 2 car Listed by Jan Knight
117 Park Tce, Sherwood Offers Over $850,000 4 bed, 3 bath, 2 car Listed by Jan Knight
3/28 Hamilton Rd, Moorooka $320,000 2 bed, 1 bath, 2 car Listed by Russell Gregory & Carolyn Dodgson
301/9 Allardyce St, Graceville $439,000 2 bed, 2 bath, 1 car Listed by Mervyn Chen
Just Sold 107/20 Egmont St, Sherwood 2 bed, 2 bath, 2 car Sold by Mervyn Chen
59 Gray Ave, Corinda 4 bed, 2 bath, 2 car Sold by Jan Knight
29 Edmondson St, Corinda 5 bed, 3 bath, 3 car Sold by Jan Knight
66 Gordon St, Paddington 4 bed, 2 bath, 1 car Sold by Russell Gregory & Carolyn Dodgson
21 Collins St, Corinda 4 bed, 2 bath, 2 car Sold by Russell Gregory & Carolyn Dodgson
63 Crossacres St, Doolandella Residential Land Sold by Mervyn Chen