Alderley

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Don’t Sell Your Home in 2018 (UNTIL You Read This!)

Don't Sell Your Home in 2018 (UNTIL You Read This!)

Don't Sell Your Home in 2018

2018 is here! For anyone who is considering selling their home in 2018, we are going to dive into a great list of tips that will help your home sell fast and for the highest price possible.

One of the first things you should do is discuss in detail your options with whoever is involved in the selling of the home. Look at the homes for sale in your neighbourhood to give you a rough idea of the anticipated sales price. A lot of locals are shocked at the value of their home in Everton Park and surrounding suburbs thanks to the high level of demand and low stock levels.

Don't Sell Your Home in 2018 (UNTIL You Read This!)

10 Steps to Selling Your Home in 2018

Make Sure You're Ready to Sell

Many people begin to consider selling long in advance of actually putting a for sale sign in their yard. If you're considering selling, it doesn't hurt to start familiarizing yourself with the process by doing research. That being said, don’t put your home on the market until you are 100% ready and committed to selling. Take your time to get prepared!

The listing price for your home is going to determine if it sells. The correct amount is one that the market decides, not one that the seller decides themselves. Your Madeleine Hicks Real Estate agent will review the comparable sales and together you will determine an appropriate selling price for your property!

Knowing you are 100% ready to sell is one of the most important parts of selling your home. If you're considering selling it doesn't hurt to start growing familiar with the process. Many people begin to consider selling long in advance of actually putting a for sale sign in their yard.

Many people don't have a choice. Selling their home is a necessity commonly because they've already purchased another home, are being relocated to work in a new area and sometimes dramatic life-changing events.

Sometimes selling your home isn't so black and white. Sometimes you sell as a part of a growing family or an investment opportunity. Maybe you want to liquidate your assets and move your investments around. Either way, you don't want to sell your home without making sure you are ready and have discussed the options.

Interview Local Real Estate Agents to Help Prepare

Preparation is key to getting your home sold in 2018.

Maintaining a spotless and presentation-ready home for any last minute showings is crucial because it could be the deciding factor in a purchase. A buyer that walks into a home that is messy will walk right back out without having a second thought. Buyers are driven by their ability to picture themselves living in the home that they are being shown. If your house isn’t prepared or appealing, they won’t feel the comfort that is required for them to purchase. Real Estate agents with experience can do a tremendous job of assisting you preparing your home for a sale. They will make many recommendations and offer advice on how you can keep your home clean and charming.

It starts with curb appeal. Before potential buyers even step inside the house, they will have a front view of the property as they are pulling into the driveway. In this moment, the buyer begins to judge whether or not they are interested in looking inside. As soon as they get out of their car, you want their first thought to be, “Wow this home is beautiful.” In order to get them excited to see the home, you need to maintain an appealing yard. Be sure to have healthy mown grass in the summer, and tidy well kept bushes in the winter.

Next, make sure that the inside is swept, vacuumed, dusted, mopped, etc. When your home is sparkling and spotless, the potential buyers are more likely to leave with positive thoughts. If you can maintain a clean home throughout the selling process, you will have a much higher chance of selling.

Once you've discussed the idea of selling your home in greater detail and everyone involved is in agreement, you'll likely want to begin interviewing local Real Estate Agents. We pride ourselves on having some of the best real estate agents in Everton Park and surrounds! This will help you understand some things you can do before you list your home that may help increase your return on the sale. There are a lot of great Listing Agents out there and some that are not so good as well, so you will want to find one that you can work well with.

One of the best things you can do as a Seller is put yourself in the buyer's shoes. What made you want to buy the home? Would you buy your own home?

Your Real Estate agent will be able to see your home through the eyes of a potential buyer. Most sellers have grown emotionally attached to their home and they may have a differing opinion as to how valuable their home is compared to potential buyers... Sometimes it's worth more, sometimes it's worth, less. The only way to truly determine is to let the market decide!

Improve the Home

Selling your home in 2018 is going to give you a great opportunity to make a great return on your investment.

When it comes to selling your home, you want to get the most profit back possible. Repairing or upgrading different details of your home is very beneficial for your return on investment. If your home is worn down, it would be wise to pay for improvements because the home would be placed at a much higher value with these renovations. To start, check the landscaping around your home. Does your house have a positive curb appeal and look beautiful from out front? If not, it might be time to plant some fresh grass seeds or have a professional landscaper come by to make improvements.

You may also want to remodel the bathroom or the kitchen. These two rooms are very important because many people search for a beautiful kitchen and a gorgeous master bathroom when determining which home to buy. Find out what designs would look best in your setting and make the improvements! For the bathroom, this could be new flooring tiles, polishing the bathtub/shower, and remodeling the sink. For the kitchen, you could start by upgrading the countertops to a finish that is more modern, such as granite or marble.

There are other rooms you should also look at and see if they need any improvements as well. Whether it is a room inside or even adding a patio or deck, you will want to choose renovations that will be well worth the investment. Getting a good listing agent can help you find any red flags and help prepare your home for when it is time to hit the market. All of these additions and improvements will make your house stand out and be more likely to sell when competing against other homes. In addition to this, these renovations will tremendously increase the value of your home, giving you a more profitable return on investment.

Determine the RIGHT Listing Price

Determining the best listing price for your home can be a stressful part of the selling process. Since we tend to grow emotional attachments, everyone believes that the home they have lived in is worth more than it really is. However, any good real estate agent will tell you that it is not the seller who determines the price of the home, it is the market. To get a better idea of what your home would be valued at, research what price homes in your surrounding neighborhood have been sold for.

If you list your property in the spring and summer months, you will experience more buyers searching for a home. Since the demand to purchase would be high, you would have the option to test the market for a few prices. If your first listing price doesn’t draw in buyers, you can decrease the amount and repeat this process until you have a sale! If you’re selling during the winter month, usually you would have less leverage to test the market since there are fewer buyers during these months. At this time, you should list your property at a value that similar homes are selling for so that your home isn’t overlooked by buyers for being overpriced.

Real estate agents assist in determining the best pricing point. Their expertise will guide you through the process and they will find other homes that you can compare yours to. After analyzing a few comparisons, the value of your home should be more clear. As long as you don’t let your emotional attachment get in the way of deciding a price, you will be all set and ready to sell your home!

Professional Real Estate Marketingtips to sell in brisbane

Getting your home out on the market for everyone to see will attract a much larger crowd. Since professional real estate agents have access to a greater network than non-agents, they can get your home sold faster than if you were to sell it yourself (for sale by owner).  Listing your home on the MLS will increase your chances of getting potential buyers to see that your home is active. Your real estate agent will also do marketing on their own to make more buyers aware of your listing. For example, they may use billboards, their own website, open houses, flyers, direct mail marketing, and their network with other real estate agent to promote your home. When you have a listing agent, they are extremely determined to help you sell.

Using pictures is another effective way to draw interest in your home. We love to show off your property with images and videos. After capturing all of the rooms, we put the media online and potential buyers can take their own virtual tour of your house. This way, your home is being exposed to numerous people not only who are checking out homes on MLS, but also people who are on the edge of buying in general. This can motivate them to buy and set up a showing for your house if they like what they see.

Have the RIGHT Selling Strategy

There are plenty of different strategies that work for selling homes. For example,  depersonalizing your home, decluttering it to make it look bigger, and letting in more light by opening up blinds and shades are all effective selling strategies. Put yourself in the buyer’s shoes, what is it that they want to get out of taking their time to see your home? They want to walk into a clean home and need to be able to envision themselves living in it one day. Depersonalizing your home is a nuisance but it will help your chances of selling. You can do this by taking out family pictures and replacing them with neutral pieces of artwork. This makes it easier for the buyers to imagine putting up their own family pictures if they purchase the home.

Another selling strategy is removing any pets for showings. Whether you have a dog, cat, bird, hamster or something more exotic, take them out of the home for the day since not every potential buyer will be an animal lover. Be sure to clean up any water bowls, toys, litter boxes, hamster wheels and fur because buyers don’t want to walk out covered in hair. By removing the animals, you also create a safer environment for cleaning supplies and air fresheners to make your home even more appealing.

Let your home shine! Getting as much natural light in through the windows is a smart move to show just how ‘alive’ your home looks. A buyer that walks into a dark home in the middle of the day can leave unsatisfied, without a desire to purchase that property. Natural light makes a home look much nicer and more pleasant. When you have time, walk around the house and determine what is causing light to be blocked from entering the windows. If bushes are causing the unwanted darkness,  cut them down.

Negotiate Professionally, NOT Emotionally

Negotiating can get tricky at times because you have to be careful when it comes to receiving offers from buyers. It is important to not let your emotions take control when you are looking for an offer or if you are making a counteroffer. Remember to always stay professional when you are negotiating, as this would give you the upper hand. Your Madeleine Hicks Real Estate agent will help make sure that you aren’t letting your emotions get the better of you. At the end of the day, you, the buyers and the agents involved are all working toward the same goal:  To sell your house!

When you receive an offer, do not respond right away. Instead, take your time looking it over and review your options. If you are in a multiple offer situation, you will be less stressed out since you have fallback options. When there is only one offeror, that’s when things tend to get hectic. As the seller, you may begin to get unmotivated and worry that you aren’t going to get the best deal. Take a deep breath and take your time looking for the offer to think over your options. Before sending an offer, be sure to debate the pros and cons of making that deal to make sure that it is a smart move.

Let the Buyers Feel As Though They Won

If a potential buyer isn’t constantly showing excitement for the purchase, they may back out at any time. By ensuring that your buyers feel that they are getting a deal of a lifetime, they will remain interested throughout the whole process. As the seller, show that you are excited for them to take this new step!

When it comes to negotiating, it is always important that you make the buyers feel as if they won. When they think that they have received the best deal, they will accept it and the both of you will be heading for a settlement. Similar to negotiating professionally and not emotionally, it is also important that you negotiate strategically. Let the buyers gain as much ground as you think they will need in order to feel like they are getting the better end of the deal. When they are satisfied with the deal in front of them, they will accept it and you both will finally close!

Prepare for your Move-out

Now that you are settling,  all of the stressful steps of selling your home are over and you can let the transactions run their course. Keep in mind that after all of the signing and initiating, you still need to move your belongings out of the house before you are completely finished. Anything that you do not convey with the title will have to go. This may include the refrigerator, the washer and dryer, and anything you specifically jotted down and disclosed to the buyer that would be coming to you after you sold.

Sellers who have already relocated usually have their home completely move-in ready for the buyers throughout the process. This is when a house is entirely empty and vacant when potential buyers are walking through it. If you are a seller that still lives in the home and have not yet relocated, be sure to get pre-approved to purchase a new home ASAP.  You don’t want to be left out in the cold because you don’t qualify for the home you were planning on purchasing. Make sure that you are financially ready to move out so buyers can move in.

Any garbage that is left in the house while moving out must be removed and thrown. Don’t be those sellers who make your buyers clean up your messes for you. Gather your belongings to pack them so that you are ready to move to your new home. If you have many items that you don’t want to keep, two helpful options can be a garage-sale or selling on Gumtree or eBay. By doing this, you are cleaning out the house and making, even more, money at the same time.

Whether you still live in the home or you have already relocated, always remember to leave the utilities on until after the home is settled!

Close and Congrats!

You’ve made it! You have followed all of the steps listed above and you’re finally ready for the last one! The offers are on the table and you have accepted the most appealing one! Congratulations, you now get to move on to closing!  If the buyer’s lawyer and agent approve all paperwork and the bank approves the transactions, there’s nothing much more to worry about. It is a long process for most, and even more, a stressful one. But you did it! Congratulations on officially selling a home!

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Village Buzz Christmas Lights 2017

36-Sugarloaf-St-Wavell-Heights

Finding the best Christmas Lights in Brisbane all depends on where you live, how much time you have and often how old your kids are.  The kids are the best at finding them.

At Village Buzz we are trying to make it easy for you, simply download the map to your phone and you will be on your way

You can use the map at the bottom of the page to find lights near you or use the list below (the map is easier) – we have kept things fluid as we will be updating if you let us know about any other good ones.

 

 

9 Blackwood Ave Mitchelton
10 Longreef Ct Albany Creek
36 Sugarloaf St Wavell Heights
146 Maundrell Terrace Chermside West
123 Dorrington Dr Ashgrove
30 High St Ashgrove
115 Horn Rd Aspley
1/123 Samford Rd Enoggera
12 Bowers Rd S Everton Hills
7 Greenfern Pl Ferny Grove
48 Daisy St Grange
 19 & 16 Barokee St Stafford
27 Minimine St Stafford
7 Minimine St Stafford
34 Ashley Rd Chermside West
146 Maundrell Tce Chermside West
36 Sugarloaf St Wavell Heights
16 Kosta Pl Albany Creek
8 Calhoun St McDowall
6 Calhoun St, McDowall
2 Coleridge St, Stafford Heights
2 Pimelea St, Everton Hills
16 Kambala St, Everton Park
 Please let us know in the comments if you can find any that are not on this list.

Alderley Market Place

Alderley real estate agents Madeleine Hicks

Alderley real estate agents Madeleine HicksThis elevated character home at 18 Welbeck Street, Alderley, is listed for $1.35 million.

North west of the CBD and nestled in between Ashgrove, Newmarket, Grange and Enoggera is Alderley, one of Brisbane’s older suburbs that boasts excellent transport links thanks to the local train station and a host of parks, playgrounds and new amenities like shopping centres. It’s about a 13-minute drive to the CBD outside of peak hour.

The highest house sale ever recorded in Alderley is for its most revered property, “Farrington”, a heritage-listed circa 1880s house at the top of the hill at David Street, which changed hands in 2003 for $3.15 million. Typically, many Alderley houses are character timber homes, although the subdivision of large blocks is seeing more contemporary homes built in recent years.

It has a median house price of $800,000 after experiencing excellent growth over the past two years – over the last 12 months it’s grown by 6.3 per cent and last year it grew by 10.4 per cent.

The Alderley secret’s well and truly out.

Because it’s along the train line, buyers are expecting that capital growth.  It’s a really cool suburb in the sense that there’s a real mix of buyers and I’d say there’s currently a big push from first home buyers and investors wanting to get into the next boom suburb … but entry level Alderley is snapped up immediately.

Recently a house at 14 Denman Street Alderley, sold the first weekend it opened, for $660,000.

Young couples and families are attracted to the area and once they secure the location, are happy to sit on these properties for a number of years, knowing they can renovate or extend them years later.

Many of the original Queenslanders on large blocks have been subdivided, so the suburb is now a mix of older character homes, large contemporary houses and boutique townhouse developments.

Madeleine Hicks real estate alderley specialists

Location

Real estate agents alderley madeleine hicks real estate

Traveling DistancesAlderley real estate

Alderley real estate with madeleine hicks real estate

Sales Results

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Alderley real estate experts alderley real estate brisbane madeleie hicks
madeleine hicks real estate agents Price Trends
madeleine hicks real estate agency alderley

Data sourced from Domain as at December 2017

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Suncorp blacklists your suburb!

blacklisted

Big banks are set to announce tougher measures to crack down on high rise apartment purchases including blacklisting more than 100 Brisbane suburbs, doubling the minimum apartment size to qualify for funding, evidence of rental cash flows and tough new valuation criteria.

Lenders such as Adelaide Bank are introducing "minimum funding requirements" requiring apartments to have their own bathrooms, kitchens, laundries, and windows in key rooms, such as bedrooms and lounge rooms.

Others, such as Suncorp Bank, the nation's fifth largest mortgage lender, are circulating a list of 39 Brisbane postcodes covering more than 100 city and metropolitan suburbs where the new lending restrictions will apply from next Monday.

"Our settings have been adjusted for postcodes based on recent weakness in the investment unit market in Brisbane, with evidence of a reduction in prices," a Suncorp Bank spokesman said.

suncorp restricts lending to local suburbs

McDowall and Everton Parks No 1 rated real estate agent Madeleine Hicks said "suburbs like McDowall, Stafford, and Everton Park, are really a victim of what has been happening in neighboring suburbs Chermside and Nundah.  A lot of units have been built in those suburbs and we are paying the price"

 

"Whilst there has been some unit development in our main suburbs it has been nothing compared to our neighbors," said Hicks.

Nervous lenders are turning the screws on apartment buyers amid growing concerns about over-supply, falling prices, restrictions on foreign buyers and potential risk from combustible cladding widely used on high rise apartment exteriors.

For example, new apartment sales in the Queensland capital have reportedly collapsed by more than 70 percent in a year, prompting desperate developers to offer lucrative incentives to attract buyers.

Developers, such as Consolidated Properties, claim Brisbane has been cruelled by restrictions on financing set up to ease speculative buying in Melbourne and Sydney.

Other developers, such as ForceOne Development, have been using incentives like a free Toyota Yaris to encourage apartment sales.

AdelaideBank, a division of Bendigo and Adelaide Bank, will today (Wed) announce stricter controls on apartment lending that include bigger sizes, better design, identifiable cash flows for investor/lands and more stringent calculations of a borrowers' capacity to repay.

 On the Plus side

"Now presents a great opportunity for cashed-up investors to get into the growing Brisbane market and take advantage of bargains that exist.  We know that the population in Brisbane will continue to increase and that will mean there will always be strong demand for homes in the inner suburbs," said Madeleine Hicks

In fact, Ms. Hicks called for "greater investment in infrastructure in the Stafford, McDowall and Everton Park suburbs to better reflect the increase in population that is moving into these suburbs.  This only seems fair as the Council is collecting greater revenues but not spending the money here."

The Minimum requirements for high-density apartments to obtain funding include windows in bedrooms and living rooms, separate bathrooms, and their own laundries and kitchens. High-density apartments are complexes of more than 50 units or five stories.

Minimum sizes for two bedroom apartments have been doubled to 60 square meters and timeframes for off-the-plan valuations have been reduced from six to three months to "better the risk" and "align acceptance of applications and valuers' professional indemnity cover".

Last month Australia and New Zealand Bank also issued a blacklist imposing tougher terms requiring borrowers to have a 20 percent deposit.

The value of apartments has fallen by about 1 percent in Brisbane during the past 12 months, according to SQM Research, which monitors property prices.

Several recent reports by independent consultants have warned demand will be exceeded by the estimated supply of new apartments in Brisbane, which will add to downward pressure on prices.

There is also growing investor concern about the outcome of current investigations into the widespread use of inflammable cladding on apartments, particularly who will be liable for its replacement.

 Under Suncorp's new rules, it will no longer accept investment loan applications for apartments that do not have a minimum deposit of at least 20 percent.

What do you think are the banks right to restrict lending in certain suburbs only?

Source Brisbane Investor

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“Don’t renovate before selling” warns leading local agent

Madeleine Hicks Says Renovation properties available in Stafford and Everton Park

THE demand for fixer-uppers in Brisbane is so strong, property experts are warning homeowners about the risk of renovating before they list.

Madeleine Hicks from Madeleine Hicks Real Estate at Everton Park said, "we are seeing buyers looking for homes that they can do up.  Especially the older style timber properties that we have in abundance in Stafford and Everton Park."

"Buyers are loving the larger blocks that we have as well as the great city views" Hicks said.

SQM Research managing director Louis Christopher said too often people splash too much cash jazzing up their homes for a big sale.

“In a downturn, buyers will not value the renovations as much as the homeowner,” Mr Christopher said.

“We know the market will penalise over-capitalisation.”

Andrew Winter and Neale Whitaker.

Andrew Winter and Neale Whitaker. Picture: Mike Batterham

Star of Foxtel’s new show Love It or List It and design guru Neale Whitaker agrees, adding the decision to sell or renovate a property demanded thought and research.

“Be careful about overcapitalising,” Whitaker said.

“Have a look at similar properties that are unrenovated like yours in your area and see what they’re going for – and the type yours would be like after a renovation and what they’re going for.

“(Then) work out whether it’s worth doing because, let’s face it, even the most basic renovation is costly.

Even the most basic renovations are costly.

Even the most basic renovations are costly.

“But if you are torn, look at the potential resale value of the house as opposed to the property you would be thinking of buying and whether that’s a realistic transaction – and also the value that could be potentially added to your home.”

Whitaker said the majority of homeowners who decide to stay and renovate want to create more space.

“If they’ve been living somewhere for a long time, they stop realising the potential under their nose but with careful planning they can create the space they need,” he said.

“On the show we came across rooms that were completely redundant – one room was completely occupied by a cat – people get used to living a certain way.”

Renovations are booming in Brisbane’s inner-ring including Albion, Stafford, Alderley and Everton Park, with building renovations and carpentry the most popular, according to Australia’s largest network of trades professionals, hipages.com.au.

The data also showed bathroom and kitchen upgrades were a high priority with homeowners.

 

Mr Christopher said homeowners could renovate their property on a budget, sell it and upgrade to a better property for themselves.

“There are more buyers and freestanding houses in the marketplace,” he said.

“I don’t think we are in a market that is going to value one’s renovations all too well.”

Mr Christopher said Brisbane’s property market had improved however added “the pendulum is in the middle”.

“We are seeing more interstate migrations to Brisbane because of the price difference,” he said.

Love It Or List co-host Andrew Winter advised buyers to have realistic expectations when selling their property.

“Don’t expect to sell easily,” Winter said. “Never believe that your house will sell for more than market value, it can happen but generally it won’t.”

He said to avoid seller’s remorse it was important to hang on to your property if your financial situation allowed.

If you are thinking about making a move in property talk to the team at Madeleine Hicks Real Estate first.  They know the North West because it is their backyard.

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Brisbane’s most in-demand commuter suburbs

How much would you pay for a house within 20kms of the city?  Brisbane’s most in-demand commuter suburbs range in median price from $730,000 – $2,105,000, new data reveals.

Gordon Park is our region’s most in-demand commuter suburb with 1,761 visits per property on realestate.com.au/buy for the six months to 31 May 2017. Located just 5 km from Brisbane’s CBD and with great schools nearby, it’s easy to see why buyers favour this northern suburb. That demand has resulted in a median house price of $797,000.

Nearby Alderley is the second most in-demand commuter suburb in our region with 1,358 visits per property on realestate.com.au/buy. The inner northern suburb offers buyers a great lifestyle with a comparatively affordable median house price of $720,000.

At number three on the list is Stafford Heights which is only 8kms from the CBD and it received 1,286 visits per property on realestate.com.au/buy over the same period.

The visits per property come from REA internal data and the median price data is from CoreLogic for the 12 months to 31 May 2017.

Commuter suburbs are defined as areas located between 10-25km of a CBD.

The top ten most in-demand commuter suburbs are all big on lifestyle, according to REA Group Economist Nerida Consibee.

Village Buzz in demand suburbs

” … these are high demand areas and there are far more people looking than listing – that’s a consideration. They are more expensive for that reason. It shows the suburbs where people want to live and all that demand is really pushing up prices,” she says.

Low-interest rates also affect demand and prices in these areas as buyers opt to purchase at the top end of the budgets.

“With debt being so cheap, people are prepared to take on bigger loans. That’s what the Reserve Bank is worried about, people wanting to get the best home that they can afford and at the moment they can borrow quite a lot to get that,” she says.

Most of the suburbs that made the list are near the bus or rail lines, meaning that transport is driving demand to commuter ‘burbs.

“Schooling is also a factor,” Consibee says with many of the areas in the top ten located in or near to the catchment zones for high-performing high schools.

Development opportunities in these areas are something investors and savvy buyers may also want to consider as many of these suburbs have larger blocks and could be subdivided if the local council allows it.

“Certainly there are townhouses, but not a lot of apartments so this suggests that this is something that could be considered because they are very popular and they are quite expensive areas,” she says.

Source: Realestate.com.au

New Alderley is really coming of age.

alderley-real-estate-madeleine-hicks

Alderley was once the forgotten neighbour to well-known Newmarket, but not anymore.

This ideally situated suburb, only seven kilometres northwest from the CBD and encompassing 2.4sq km area, is coming of age with millions of dollars being poured into its streetscaping and upgrading of its long established train station, as well as a new Coles development boosting local business confidence.

alderley-real-estate-at-village-buzz

A local real estate agent, said until recently, most people had no idea where Alderley was, but were aware of neighbouring suburb Newmarket.

“But in the last 12 months Alderley has arrived on people’s radar and it’s getting to the stage where a $650,000 house on a 405sqm block is entry level, and then the buyers are knocking it down and rebuilding,”

village-buzz-alderley-real-estate

“But there is something for everyone here from one bedroom units in boutique complexes, through to multi-million dollar houses, and because our suburb isn’t zoned for large developments we’re finding that unit and townhouse complexes are selling very well.”

Alderley’s big draw card is its direct access to Kedron Brook Bikeway, offering 40km of cycling tracks perfect for the exercise enthusiast and Grinstead Park giving families a great place to play and picnic.

It’s a very dog friendly, family friendly area.

The suburb itself has been under rejuvenation with $5.3 million recently spent on upgrade and beautification works, a major train station accessibility upgrade on its way and a Coles development site set to boost local business.

Confidence in the area was definitely improving with small businesses starting to move into the area such as boutique bar, The Ploughman Inn and local coffee shops.

Named after a well-to-do suburb in Manchester, England, it looks like Alderley is now well on its way to following in the footsteps of its namesake.

 

Thanks to Belinda Chilton, Real Estate Reporter, The Courier-Mail

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Remember these

View of ALderley Railway Station in the foreground 1925
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What $600,000 will buy in the Everton Park Region

what can $600,000 buy in Everton Park region

Recently the Treasurer Scott Morrison has been calling on state and territory governments to do more to stop house prices ballooning.

The amount households are borrowing from the bank is getting more disproportionate to their pay packet.

In Brisbane

The median weekly income per household in Brisbane is $1,388.

The average house price in Queensland’s capital was $497,000 in June 2016. This was 4.3% higher than the year before.

Prices haven’t risen in Brisbane as steeply as in Sydney and Melbourne, as the average price tag for a home was only $325,000 10 years ago.

So what can $600,000, get you in the Everton Park region.

McDowall

mcdowall-real-estate-what-600k-buys

7 Marx Street Mcdowall, QLD, 4053

This 3 bedroom, 2 Bathroom and 2 car garage, property on 587 m2, sold recently for $610,000.

Stafford Heights

stafford-heights-real-estate-what-600k-buys

22 Mumbil Street Stafford Heights, QLD, 4053

4 bedrooms, 2 bath, 2 car on 650m2 sold for $600,000

This is a very spacious family home that has been well looked after.

Stafford

stafford-real-estate-what-600k-buys

18 Karbala Street Stafford, QLD, 4053

3 bedroom, 1 bath, 1 car accomodation, on 610m2  sold for $607,000

This is currently a rental property returning a great yield.  The property is suitable for further development and has city views.

Everton Park

everton-park-real-estate-what-600k-buys

4 Ballinderry Street Everton Park, QLD, 4053

4 Bedrooms, 2 bathrooms, 2 car garage on 600m2 and sold for $607,000

A quality home that has been recently renovated with plenty of outdoor entertaining spaces.

Alderley

alderley-real-estate-what-600k-buys197 Raymont Road Alderley, QLD, 4051

3 Bedrooms, 1 bath 1 car accomodation on 375m2, sold for $585,000

This typical Queenslander located close to the city, has all of the charm of yesteryear.

Arana Hills

arana-hills-real-estate-what-600k-buys

83 Minto Crescent Arana Hills, QLD, 4054

This 4 Bedroom, 2 Bath, 2 Car Garage property on 658 m2 sold for $597,500

It was described as a luxuriously renovated ultra modern home with all of the creature comforts needed to relax.

Whilst $600,000 might not be a first home for many, it is clear that you can buy a whole lot of house in fantastic locations in the inner North West.