Your Property News April 2024

It is estimated that the residential property market in Australia is worth approx. $10.3 trillion. With the sector continuing its growth in the March quarter by 1.6%, it is no surprise that Australia’s wealth and prosperity has been assisted by investing in property.

Brisbane residential prices over the last 12 months, have increased by 14.3%. House prices have grown by 13.8% and unit prices by 18.3%. Rents in Brisbane are up 8.3% over the last 12months, with house rents increasing by 7% and unit rents by 10.1% according to the latest report from SQM Research.

A 3-month snapshot of our market – 1^st January to 31^st March as sourced from CoreLogic (as at 10^th April 2024).

Ascot	13 house sales 18 unit sales	$1,350,000 – $7,000,000* $535,000 – $1,258,000
Hamilton	14 house sales 66 unit sales	$980,000 – $10,000,000 $315,000 – $2,775,888
Clayfield	18 house sales 42 unit sales	$900,000 – $4,100,000 $340,000 – $3,750,000
Hendra	18 house sales 5 unit sales	$999,999 – $2,600,000 $450,000 – $970,000
Kalinga	8 house sales 0 unit sales	$912,500 – $2,800,000
Wooloowin	11 house sales 5 unit sales	$985,000 – $2,050,000 $300,000 – $605,000
Albion	4 house sales 33 unit sales	$1,335,000 – $1,575,000 $320,000 – $945,000
Northgate	14 house sales 11 unit sales	$650,000 – $3,050,000 $360,000 – $985,000

Are you thinking it is time to make a move? We have several homes actively on the market including the stunning home at 21 Ascot Street, Ascot. We also have a number of properties “quietly” on the market. As we are each unique, each home is unique. Whether buying or selling, we tailor our approach to you and your needs.

We have recently listed for Sale:-

21 Ascot Street, Ascot, Ascot
131 North Pass, Tangalooma
6/41 Riverton Street, Clayfield – SOLD

We have recently leased:-

17 Sparkes Avenue, Hamilton
7 Joynt Street, Hamilton
11 Blenheim Street, Chermside West

At Butler+Co, we don’t just continue to perform, we outperform. Use our experience and expertise in the local market to guide you out of your current home and into your new home.

We are here to assist you with all your real estate needs – we work for you.

Amanda Butler – Principal – 0438 767 439 – [email protected]

In our Clients words

We recently sold our family home with the invaluable assistance of Butler+Co Estate Agents. Amanda Butler provided expert guidance for every step of the way. Her advice with respect to presentation of the property, timing of inspections, etc was spot on and greatly valued. Amanda is extremely knowledgeable with respect to the local market, and she helped us to achieve a great outcome from our sale. She is a consummate professional, and we cannot recommend her highly enough.

Lyn – Ascot