Upcoming Auction | Forget Any Earlier Pitch On Price, We Need A Home Run Now!

With a local investor eager to liquidate, this spacious studio at 35/25 Dudley Street, Highgate Hill offers an easy opportunity to enter the inner city market. In this location you can’t go wrong.

This apartment is perched on the top floor of the block, and designed to take maximum advantage of the charming river views.  The combined living area offers floor to ceiling windows allowing plenty of natural light, maximum outlook impact and direct access to a spacious and private balcony.

The owners are anxious to move on and have made it clear a sale is required by 27^th July. Interest invited beforehand.

35/25 Dudley Street, Highgate Hill
Auction 27 July @ 1pm. On site

Upcoming Auction | Modern, Low Set Living

Immaculately presented with great attention to detail, 55 Bonneville Street offers an excellent opportunity to secure a luxury property in the leafy hills of Holland Park West.

With landscaped gardens and immediate street appeal, you’ll enjoy an intelligent design, all set across one level, with a focus on open-plan living.

All four bedrooms feature timber accents and built-in wardrobes for sensible storage solutions. The master bedroom is more like a parents’ retreat, with grand living proportions and a huge open-plan ensuite with a double vanity unit.

The owners have moved on and are absolutely committed to selling by 27^th July at the latest. There is no plan B.

Need to know more? There are heaps of photos and extra information at 55bonneville.com

55 Bonneville Street, Holland Park West
4 bed | 2 bath | 2 car
759m2 block
Auction 27 July @ 2pm. On site

Shh, Not Yet Advertised…

We have another crop of properties coming to the market over the next 2 weeks. We can release details of a few. If you have specific requirements let us know, there are plenty of properties that sell before they are widely marketed. Here are the highlights…

Tarragindi 4 bedroom home. Set over 2 levels. Approx 10 years old. A1 condition. $750,000

Lota Esplanade knock down. Build your dream home. Existing 3 bedroom home is tenanted until your builder is ready. Priced in the mid $600,000’s

Greenslopes Huge 2 bedroom unit, the largest you will find. Double garage. Priced in the mid $300,000’s

This Weeks Property News

Largest falls and greatest gains in property values around the country from rpdata.com.au

The long-term outlook for Australian property is strong from propertyobserver.com.au

Selling - Investment Strategies from yourinvestmentpropertymag.com.au

Property investment strategies 101 from yourinvestmentpropertymag.com.au

Local Residents Offer | Shady Palms Cafe

Mal & Bec from Lady Marmalade Cafe have opened their new bar at the other end of the Stones Corner Strip.
The place is packed, everyone is checking it out but here’s an extra little enticer just in case you haven’t made it there yet.

shadypalmscafe.com

Shhh, Not Yet Advertised…

We have a number of properties available that aren’t widely marketed. Sometimes the owners are a few weeks away from being ready for inspections, some prefer not to advertise their intentions on the open market.

If any of the following are of interest drop me a line and I’ll get some details to you.

Bargain 2 bedroom Stones Corner Unit. Priced around $300,000. Refurbished kitchen and bathroom. Lock up garage. Currently tenanted at $340 per week. Expect to sell quickly.
More info here

Woolloongabba Development Site. 1109m2 with approvals. A1 location.

Holland Park West, 4 bedroom low set home. Immaculate, just 4 years old. 759m2 block.

All can be inspected. Call me on 0402 023 176 or email mattj@jeffjones.com.au for more details

- Matt Jones

Comida más sabroso en Stones Corner

The guys at Tuckeria have another fabulous deal for local residents

tuckeria.com.au

Open For Inspection Saturday 22nd June

Click on address for more information.

	54 Greenview Ave, Rochedale South 3 bedroom house $429,000 10-10:20
	1/35 Rutland Street, Coorparoo 3 bedroom townhouse Interest Over $575,000 10-10:20
	4 Churchward Street, Greenslopes 2 bedroom house $595,000 11-11:30
	35/25 Dudley Street, Highgate Hill Studio apartment Offers Over $240,000 12-12:20
	31 Tarra Place, Parkinson 4 bedroom house Interest Over $550,000 12:30-1
	18 Worrell Street, Macgregor 5 bedroom house $625,000 1:30-1:50
	230/29-71 High Road, Waterford 3 bedroom villa $349,000 By appointment

This Week's Property News

RP Data's Property Market Weekly Indicator Summary from rpdata.com.au

Rates unlikely to be cut further from rpmonline.com.au

Noel Whittaker answers questions from news.com.au

It’s scary, really, how little people know as they consider spending hundreds of thousands of dollars: Terry Ryder from propertyobserver.com.au

Are You One Of The Lucky 110,000 Investors Getting A Letter From The ATO?

The Australian tax office announced this week that new “data mining” technology had enabled them to identify property investors who may have submitted incorrect tax returns.

Fairfax has reported that almost $39 billion was claimed by landlords in tax deductions in 2010-2011, and with two thirds of investment property owners claiming a loss there will be heavy scrutiny at tax time.

Read more at theage.com.au

The ATO has released tax time tips for property investors to help with claims.

Local Market Update

	▼PRICE REDUCED 162 Seville Road, Holland Park has to go. The owners are super keen to move and have brought the price down to $718,000 to make it happen. Anyone looking for a family home need to inspect Sat 15 June @ 11:40.
	▼PRICE REDUCED 54 Greenview Avenue, Rochedale South is a great first home. You get a big block, a spacious home in a top location. Now asking $429,000 we expect to see some serious interest. Inspect Sat 15 June @ 10:15.
	UNDER CONTRACT 5/29 Beatrice Street, Greenslopes offered quality renovations, a spacious layout and a prime Stones Corner location. It wasn’t surprising to see a contract signed immediately.
	SOLD 3/33 Ellis Street, Greenslopes was a tremendous entry level opportunity. Sold for $289,000.
	▼PRICE REDUCED 689 Esplanade, Lota is a truly unique opportunity. Create your dream home on 684m2. Now asking $785,000

Open For Inspection Saturday 15 June

Click on address for more information.

	18 Worrell Street, Macgregor 5 bedroom house ▼NOW $625,000 9:30-9:50
	97 Marshall Road, Holland Park West 3 bedroom house $499,500 10-10:30
	1/35 Rutland Street, Coorparoo 3 bedroom townhouse Offers Over $575,000 10-10:20
	54 Greenview Ave, Rochedale South 3 bedroom house ▼NOW $429,000 10:15-10:35
	4 Churchward Street, Greenslopes 2 bedroom house $595,000 11-11:20
	162 Seville Road, Holland Park 5 bedroom house ▼NOW $718,000 11:40-12
	22 Belivah Road, Bahrs Scrub 4 bedroom house By Negotiation 12-12:20

RPData Quarterly Review

The RPData quarterly review of the residential property market and the Australian economy has just been released.

Download a copy here

Coorparoo Suburb Stats

The latest data (through to Feb 13) highlights the changes we have seen in property values post GFC.

The graph shows median sale prices continue to fall and have done consistently since February 2011.

Current median sale price is at the same level as end of 2009, we saw more growth through 2010 and then a slow fall since. It is interesting to note that over a 10 year period the median sale price has nearly doubled.

The second graph shows the extraordinary growth we experience from 2002-2009, looking at this the correction we have seen seems inevitable.

REIQ Queensland Market Monitor

The latest edition of Queensland Market Monitor is available for download. A quarterly, electronic publication entirely focused on residential sales and rental research data on a suburb-by-suburb basis (where available) throughout Queensland.

Each edition of Queensland Market Monitor includes:
• Median sale prices for houses, units/townhouses and land;
• Median weekly rents for houses, units and townhouses;
• Gross rental yields and vacancy rates;
• Useful charts and graphs; and
• Analytical commentary. 

Download your copy here.

This Week’s Property News

Six tips to help you through the next market cycle unscathed: Gavin McPherson from propertyobserver.com.au

Housing stress on the decline from rpmonline.com.au

Brisbane property market improving with good investor opportunities around the median price: Herron Todd White from propertyobserver.com.au

Gold Coast ambitions from yourinvestmentpropertymag.com.au

First-home owner grants: a state-by-state guide from propertyobserver.com.au

Tenant cuts hole through concrete floor from rpmonline.com.au

Open for Inspection Saturday 8th June

Click on address for more information.

	97 Marshall Road, Holland Park West 3 bedroom house $499,500 10-10:30
	54 Greenview Ave, Rochedale South 3 bedroom house $439,000 10-10:20
	7/1 Lomond Terrace, East Brisbane 3 bedroom unit Interest Over $520,000 10-10:20
	162 Seville Road, Holland Park 5 bedroom house $729,000 12-12:20
	18 Worrell Street, Macgregor 5 bedroom house $650,000 1:30-1:50