The median property sales prices in the Redland area have been calculated by onthehouse.com.au and the results are:
The median sales prices for Oct to Dec 2012, with the % change from the same period last year:
- $408,000 Capalaba, based on 53 government verified sales. This represents a 6.7% increase.
- $468,693 Victoria Point, based on 66 government verified sales. This represents a 9.2% increase.
More information, and suburbs at: www.onthehouse.com.au/property_values
More individual suburb data at January 31st 2013, also from onthehouse.com.au
- $392,000 Alexandra Hills property values Jan 2013
- $452,500 Birkdale property values Jan 2013
- $355,000 Capalaba property values Jan 2013
- $381,000 Cleveland property values Jan 2013
- $428,500 Mount Cotton property values Jan 2013
- $500,000 Ormiston property values Jan 2013
- $415,000 Redland Bay property values Jan 2013
- $335,000 Thornside property values Jan 2013
- $515,000 Thornlands property values Jan 2013
- $420,000 Victoria Point property values Jan 2013
- $482,000 Wellington Point property values Jan 2013
I can’t help wondering about some of these values, especially Capalaba.
Two of the pages for Capalaba show:
Median Sold Price $355,000 Qtr. Ending 31 Jan ’13
http://www.onthehouse.com.au/property_values/Capalaba/QLD/4157/Redland+Shire
Median Sold Price $408,000 Dec 2013
http://www.onthehouse.com.au/rex_home/?State=QLD&Suburb=Capalaba&Postcode=4157
This shows a drop of $53,000 for the month. Maybe just an indication that people were only buying the cheaper properties in January.