Mark Diamond 4121 Market Report EOFY 22/23
The first 6 months of 2023 left economists scratching their heads! The continual interest rate hikes were predicted to take the exuberance out of the housing market, yet selling conditions remained strong and prices increased month on month. Just weeks after the Christmas break, our average open home numbers in the 4121-post-code trebled, with the return of large multiple offer negotiations after the opening weekend, and an increase in auction clearance rates across our brand. Stock levels have remained remarkably low in 2023, tracking over 25% below the previous five-year average. Take Tarragindi for example, with 202 sales recorded in 2021, dropping to 148 sales in 2022, and currently tracking to be below that number again in 2023. For the statisticians: Tarragindi’s average sale price dropped in Q1 and Q2 of the first half of the FY but has rebounded in Q3 and Q4 with a 12-month average of 0.8% growth. Average sale price is currently sitting at $1.21mil. Holland Park has seen a decline in the average sale price over the same 12-month period of 2.6%, sitting at $1.12mil. Holland Park West has the strongest performing 12-month period with 4.8% growth and an average sale price of $1.1mil. Rental yields are up by approximately 3% in all 3 suburbs, reflecting the sentiment felt when chatting to those trying to find a rental property! As we close out the FY of 2023, I wanted to take the opportunity to wish you the best of luck in the coming 12 months ahead and to let you know that I am here and available to assist with your property needs. Mark Diamond MARKET REPORT
$1.31m Average sale price 11 Years experience $3.16m Career record sale $456m Total sales volume
Address Bed Bath Car Sqm Sold price 14 Downes Street 5 4 2 810 $3,490,000 5 Bovill Street 5 3 3 668 $2,960,000 19 Kivas Street 5 3 3 607 $2,820,000 3 Bovill Street 5 3 3 668 $2,800,000 100 Barmore Street 5 3 3 721 $2,730,000 279 Ekibin Road East 5 3 2 810 $2,725,000 19 Thornycroft Street 5 3 2 453 $2,700,000 123 Windmill Street 5 3 2 597 $2,600,000 81 Lutzow Street 5 3 2 607 $2,600,000 31 Benbow Street 5 3 4 810 $2,500,000 13 Tarragindi Road 5 3 3 779 $2,300,000 24 Glencoe Avenue 4 3 3 1,280 $2,260,000 28 Newington Street 4 4 2 804 $2,110,000 132 Tarragindi Road 4 2 2 728 $1,750,000 113 Prior Street 3 2 1 625 $1,750,000 122 Prior Street 3 2 1 809 $1,700,000 120 Fernvale Road 5 2 2 1,206 $1,620,000 4 Glenaplin Avenue 6 2 2 589 $1,610,000 4 Pemberton Street 4 2 2 607 $1,600,000 40 Craigmont Street 6 3 2 802 $1,579,500 67 Hexham Street 5 3 2 607 $1,548,000 2 Connah Street 5 3 2 870 $1,540,000 13 Arunta Street 4 2 2 313 $1,500,000 30 Fingal Street 4 1 2 607 $1,480,000 20 Garioch Street 4 2 2 597 $1,420,000 21Joywood Street 4 2 3 627 $1,420,000 41 Barnehurst Street 3 3 2 741 $1,400,000 18 Andrew Avenue 3 2 2 637 $1,350,000 52 Sexton Street 4 3 2 675 $1,300,000 7 Glencoe Avenue 4 2 2 640 $1,300,000 136 Lutzow Street 3 1 1 647 $1,268,000 28 Tarragindi Road 3 1 2 810 $1,265,000 135 Lutzow Street 3 1 2 718 $1,250,000 87 Laura Street 4 3 2 405 $1,235,500 TARRAGINDI HOUSE SALES QTR 3 & 4
Address Bed Bath Car Sqm Sold price 31 Barmore Street 3 2 4 607 $1,210,000 254 Weller Road 4 2 1 728 $1,201,000 67 Moorbell Street 3 1 2 759 $1,180,000 15 Bramston Street 4 1 2 1,012 $1,175,000 38 Bailey Avenue 3 1 3 807 $1,160,000 91 Bramston Street 3 1 2 663 $1,120,000 37 Fernvale Street 3 1 1 647 $1,102,000 268 Marshall Road 3 2 3 615 $1,100,000 79 Monash Road 3 2 2 607 $1,095,000 131 Ellington Street 2 1 1 607 $1,080,000 40 Andrew Avenue 4 2 1 607 $1,080,000 84 Andrew Avenue 3 1 2 607 $1,075,000 12 Elliot Street 2 2 2 607 $1,051,000 7 Salkeld Street 3 1 2 607 $1,050,000 26 Kuring-gai Avenue 4 2 2 421 $1,050,000 12 Barmore Street 3 3 3 607 $1,050,000 135 Laura Street 5 2 1 407 $1,040,000 24 Queensthorpe Street 3 1 2 607 $1,037,000 93 Bramston Street 3 1 1 663 $1,025,000 1 Bramston Street 3 1 2 625 $1,025,000 47 Newington Street 4 2 2 647 $1,000,000 184 Andrew Avenue 3 1 2 559 $1,000,000 87 Chamberlain Street 5 4 3 604 Undisclosed 143 Monash Road 5 3 1 584 Undisclosed Powered by Core Logic
5 BED 3 BATH 3 CAR (718m2) 55 Amulree Street Tarragindi Designed and built by a multi-award-winning local builder, the stunning Hamptons stole the hearts of a lovely young family in just two weeks. We ensured the campaign had a massive online presence across multiple platforms resulting in 75 groups of buyers through. CASE STUDY
Right on the edge of Shaftesbury Street Park, Baracca BNE provides a welcoming, family friendly space in the heart of Tarragindi, seven days a week. Enjoy coffee and pastries while enjoying the view from our back deck overlooking the park or let yourself be tempted by our selection of meals for something more substantial. Baracca’s kitchen serves fresh, home-cooked dishes perfect for brunch or lunch with family and friends, and think of us too for your special functions and events. Whether it’s simply for coffee and treats, or a table with friends and family for that special celebration, Baracca has you covered. 212 Cracknell Road Tarragindie. P: 0408 911 028 E: info@bnebaracca.com.au
HOLLAND PARK WEST HOUSE SALES QTR 3 & 4 Address Bed Bath Car Sqm Sold price 25 Albert Street 5 3 2 769 $2,375,000 14 Dunrod Street 4 4 2 405 $2,115,000 20 Gower Street 4 2 2 405 $1,850,000 40 Dobbs Street 4 4 2 405 $1,420,000 36 Hockings Street 5 3 2 405 $1,340,000 5 Corn Street 4 2 2 405 $1,335,000 8 Bonneville Street 4 2 2 607 $1,265,000 52 Albert Street 3 1 1 640 $1,250,000 13 Flynn Street 4 2 1 678 $1,250,000 126 Gaynesford Street South 3 2 2 607 $1,155,000 62 Albert Street 3 1 2 640 $1,135,000 3 Hamel Road 4 2 4 654 $1,080,000 35 Dunrod Street 3 1 1 736 $1,005,000 17 Iveagh Avenue 3 2 2 607 $1,000,818 19 Estate Place 3 2 2 309 $945,000 14/15 Hamel Road 3 1 2 347 $910,000 32A Hockings Street 4 2 1 405 $895,000 13 Kurts Street 3 1 1 625 $875,000 117 Messines Ridge Road 3 1 4 701 $865,000 12 Joachim Street 3 2 2 668 $863,000 1108 Logan Road 2 1 1 647 $850,000 1063 Logan Road 3 1 1 842 $838,888 64 Marshall Road 3 1 1 607 $820,000 30 Dobbs Street 3 1 1 405 $735,000 76 Nursery Road 3 1 0 405 $690,000 111 Nursery Road 3 1 3 653 Undisclosed
Powered by Core Logic Address Bed Bath Car Sqm Sold price 212 Beddoes Street 5 3 2 749 $2,600,000 49 Arnold Street 5 3 2 446 $2,550,000 28 Geelong Avenue 4 3 2 637 $2,503,000 172 Abbotsleigh Street 5 3 2 457 $2,060,000 27 Stella Street 5 2 2 405 $1,760,000 46 Reuben Street 5 2 5 810 $1,720,000 14 Framont Avenue 3 1 2 607 $1,560,000 191 Abbotsleigh Street 4 3 1 630 $1,460,000 28 Rita Street 3 1 1 405 $1,460,000 36 Harold Street 4 2 2 405 $1,412,000 59 Cradock Street 4 2 2 375 $1,410,000 11 Holland Road 4 3 2 607 $1,355,000 18 Binya Street 5 3 3 500 $1,335,000 14 Crystal Street 4 2 - 736 $1,312,000 53 Arnold Street 4 2 3 713 $1,275,000 54 Harold Street 4 2 2 539 $1,100,000 14 Fry Street 3 2 2 607 $1,075,000 23 Seville Road 3 2 3 610 $1,055,000 626 Cavendish Road 3 2 2 739 $965,000 27 Binya Street 3 1 2 612 $930,000 82 Lawn Street 2 1 0 617 $910,000 87 Sapphire Street 4 2 2 607 $808,000 28 Carnelian Street 3 1 1 673 $800,888 745 Cavendish Road 3 1 2 400 $800,000 45 Burlington Street 3 2 1 187 $765,000 4 Nealdon Street 2 2 2 637 $750,000 HOLLAND PARK HOUSE SALES QTR 3 & 4
Matthew Neill Eve Andrews
With a friendly nature and a great sense of humour, Matthew Neill is a trusted agent known for going above and beyond to achieve the best results for his clients. Proactive and self-driven, he engages with the local community to create leads and build valuable relationships. Matthew believes his ability to form an earnest rapport with people truly sets him apart from others in the industry. Experience as both a full-time soldier in the Australian Army and an Assistant in Nursing has shaped Matthew’s approach to real estate, bringing incredible discipline, reliability and commitment to customer care to his work. Whether buying or selling, he considers it a privilege to be able to help his customers during such important milestones in their lives, and he loves working in an industry that rewards hard work. It was his desire to work alongside top selling agents in a forward thinking and tech-focused environment that saw him join Atlas Bulimba. Young and enthusiastic, Matthew is 100% dedicated to his career in real estate. When we’re not talking property, talk to me about Sports, food or travelling the world. With over eight years of experience, Eve Andrews has developed skills and knowledge to perform at a high standard in the real estate industry. Eve is a Sales Associate to Mark Diamond, specialising in residential property in the Inner South of Brisbane. She is building a strong reputation as she consistently goes above and beyond for her clients. She is proud to play an integral role in Mark Diamond’s impressive achievements and constantly strives to attain the best results for her team. She works with the team to provide an exceptional level of service for both buyers and sellers. Eve is excited by Atlas’ revolutionary approach to real estate. With a fresh mind, a passion for real estate and a genuine love of people, she’s found her true calling. When we’re not talking property, talk to me about Dogs. Sales Associate to Mark Diamond eve.andrews@atlas.com.au Sales Associate to Mark Diamond 0408 406 328 matthew.neill@atlas.com.au MEET THE TEAM
Zenith Lounge Barber & Cafe is a contemporary barbershop located in Tarragindi. All services include a complimentary specialty coffee/soft drink, hot towel, razor and the ability to have an appointment where they take their time to meet your hair requirements. They also offer free wifi for walk-in haircuts to make your wait as comfortable as possible. Zenith Lounge strive to provide the highest quality service to their clients in a relaxed yet professional environment. They not only offer a barber service but food & drinks inspired by South-East Asian culture. Enjoy a vast selection of food & drinks at Lola’s Coffee Bar, relax at the waiting lounge while the Playstation is on and most of all, get seated into their barber chairs for all your grooming needs! 176 Ekibin Road East Tarragindie. P: 07 3189 2191 E: info@zenithlounge.com
4 BED 1 BATH 2 CAR (607m2) 30 Fingal Street Tarragindi An eager crowd including 20 registered bidders attended the auction, with the opening bid greater than the reserve price. 92 Groups inspected the home during the campaign and a lovely exchange took place between the happy vendor and excited buyer. CASE STUDY
8 Kind words from my clients Mark and his team were amazing to work with. Nothing was too much. Mark knows the area so well and we felt very confident with his approach. We would absolutely sell another home with him and recommend him to anyone looking for a trustworthy, organised and personable agent. Seller | Tarragindi Home We have had such a wonderful experience selling our home with Mark. Mark’s knowledge and advice about the current market has been invaluable and as a result we have had a very positive outcome. With Mark we have sold our property quickly and the whole process has run smoothly. We couldn’t be happier. If you are looking an agent you can trust with your best interests at heart look no further. Seller | Tarragindi Home Cannot recommend Mark highly enough. He is professional and most importantly delivers on his word. He achieved the required outcome in the required time frame and his communication was on point. If you are looking for an agent in the Tarragindi and surrounding areas you can’t go past Mark Diamond as a buyer or seller as he gets deals done! Seller | Tarragindi Home We recently sold our family home of 23 years through Mark. This was an emotional time for us and Mark and his team made the whole experience a very positive one. Communications throughout the process were excellent and we felt involved at every step of the way. Mark demonstrated that he not only new the market well but he worked hard to get us a great outcome in a potentially challenging market. I would highly recommend Mark and his team. Seller | Tarragindi Home
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atlas.com.au Atlas Brisbane Mark Diamond 0432 334 767 mark.diamond@atlas.com.au DiamondRealEstateAtlas @markdiamondirish
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