End of Financial Year Report – 9 Degraves Street, Melbourne. Report for 2012 – 2013 , Prepared by Adam Merkur & Esme Gordon

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Common Buyer Profiles

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First Home Owners Grant

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Foreign Investment Review Board

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Stamp Duty Calculator

INTRODUCTION

SALES STATISTICS

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BUILDING DETAILS & PARTICULARS

Year Built: 1891 (Refurbished 2007)

No. In Block: 86

Previous Reports: 2011-2012, 2009

REPORTED SALES – Financial Year 2012-2013

Date Address clip_image002[4] clip_image004[4] clip_image006[4] Price
Jun-13 108/9 Degraves Street 2 1 0 $420,000
Jun-13 112/9 Degraves Street 1 1 0 $360,000
Jun-13 301/9 Degraves Street 2 1 1 $518,000
Dec-12 410/9 Degraves Street 2 1 0 $395,500
Feb-13 412/9 Degraves Street 2 1 0 $370,000
Apr-13 506/9 Degraves Street 2 0 0 $542,000

REPORTED RENTALS – Financial Year 2012-2013

Date Address clip_image002 clip_image004 clip_image006 Price
17-06-2013 301/9 Degraves Street 1 1 0 $550 pw
05-06-2013 406/9 Degraves Street 1 1 0 $450 pw
21-05-2013 310/9 Degraves Street 1 1 0 $450 pw
01-05-2013 405/9 Degraves Street 1 1 0 $310 pw
07-02-2013 213/9 Degraves Street 1 1 0 $420 pw
07-01-2013 509/9 Degraves Street 2 1 0 $580 pw
30-08-2012 101/9 Degraves Street 2 1 0 $450 pw
15-08-2012 210/9 Degraves Street 1 1 0 $420 pw
14-08-2012 507/9 Degraves Street 2 2 0 $650 pw
23-07-2012 210/9 Degraves Street 1 1 0 $420 pw
19-07-2012 206/9 Degraves Street 2 1 0 $500 pw
17-07-2012 102/9 Degraves Street 2 1 0 $495 pw

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What’s my property worth?

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Investors

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Owner Occupiers

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Feedback

Do you have any comments or suggestions?

Please contact us click the above button

Adam Merkur

Sales Consultant – Harcourts City Residential

Ph: 03 9664 8100

M: 0417 318 213

E: adam.merkur@harcourts.com.au

Web: www.cityresidential.harcourts.com.au

 Adam Merkur

*Harcourts City Residential has gathered this information to provide an interesting read for apartment owners and prospective purchasers. Harcourts City Residential may not have concluded any or all of the transactions noted; rather we’ve gathered as much market information as possible on ALL transactions to be as conclusive as possible.

Information contained herein is gathered from a range of sources including but not limited to; The Age Property Results, The Herald Sun Property Results, Valuer General Information & Agents own investigations. All efforts are made to verify the accuracy of the information provided. The information is not to be relied upon or used in dealings with third parties and people should make their own investigations regarding their own property or personal circumstances. Opinions offered are just that, our opinions & observations and should not be treated as advice or fact. If your property is exclusively listed with another agent please disregard this communication.

End of Financial Year Report – 9 Degraves Street, Melbourne. Report for 2011 – 2012 , Prepared by Adam Merkur

clip_image002[6]

Common Buyer Profiles

clip_image002[8]

First Home Owners Grant

clip_image002[10]

Foreign Investment Review Board

clip_image002[12]

Stamp Duty Calculator

INTRODUCTION

SALES STATISTICS

image

BUILDING DETAILS & PARTICULARS

Year Built: 1891 (Refurbished 2007)

No. In Block: 86

Previous Reports: 2009

REPORTED SALES – Financial Year 2011-2012

Date Address clip_image002[4] clip_image004[4] clip_image006[4] Price
1/04/2012 207A/9 Degraves Street 1 1 0 $ 410,000
1/07/2011 211/9 Degraves Street 3 1 0 $ 338,800
1/07/2011 407/9 Degraves Street 2 1 0 $ 450,000
1/04/2012 505/9 Degraves Street 2 0 1 $ 615,300

REPORTED RENTALS – Financial Year 2011-2012

Date Address clip_image002 clip_image004 clip_image006 Price
04-06-2012 410/9 Degraves Street 2 1 0 $450 pw
21-12-2011 111/9 Degraves Street 1 1 0 $380 pw

clip_image002[14]

What’s my property worth?

clip_image002[16]

Investors

clip_image002[20]

Owner Occupiers

clip_image002[22]

Feedback

Do you have any comments or suggestions?

Please contact us click the above button

Adam Merkur

Sales Consultant – Harcourts City Residential

Ph: 03 9664 8100

M: 0417 318 213

E: adam.merkur@harcourts.com.au

Web: www.cityresidential.harcourts.com.au

 Adam Merkur

*Harcourts City Residential has gathered this information to provide an interesting read for apartment owners and prospective purchasers. Harcourts City Residential may not have concluded any or all of the transactions noted; rather we’ve gathered as much market information as possible on ALL transactions to be as conclusive as possible.

Information contained herein is gathered from a range of sources including but not limited to; The Age Property Results, The Herald Sun Property Results, Valuer General Information & Agents own investigations. All efforts are made to verify the accuracy of the information provided. The information is not to be relied upon or used in dealings with third parties and people should make their own investigations regarding their own property or personal circumstances. Opinions offered are just that, our opinions & observations and should not be treated as advice or fact. If your property is exclusively listed with another agent please disregard this communication.

The Mutual Store Apartments – 9 Degraves St Melbourne – July 09 – December 09

Dionne Wilson presents our July to December update for the residential sales and residential leasing results for the building.

 

Sales Results: July 09 – December 09*

A501/9 Degraves St        Dec 09      ? Bed      ? Bath      $1,500,000

512/9 Degraves St         Aug 09      ? Bed      ? Bath      $442,000

309A/9 Degraves St        Jul 09        1 Bed      1 Bath      $326,000

Rental Results: July 09 – December 09*

408/9 Degraves St         Nov 09      2 Bed      2 Bath      $460 pw

516/9 Degraves St         July 09      2 Bed      1 Bath      $500 pw

302/9 Degraves ST         July 09      2 Bed      1 Bath      $490 pw

Location –

If Melbourne is known and loved for its beautiful lane ways then Degraves Street is the pick of the bunch.  Located right in its heart Stopposite Flinders St ation, this bustling lane way is filled with cafes and restaurants with tables and umbrellas spilling out onto the street.  Take your pick each an ideal place to sit, sip a coffee, while taking in the scenery and watching the passerby’s. Well price good food with no pretentious cafes charging an arm or leg, but somewhere you can just go, sit down and relax over a hearty meal, and a nice cup of coffee.

Market Summary – July 09 –December 09

Well, we moved through the Global Economic Crisis counting our blessings and relatively unscathed in-fact our market went from strength to strength in the second half of last year. We were obviously well stimulated with the record low interest rates and the increased first home owners grant (FHOG) and that assisted us in setting several new records in terms of prices achieved for apartments throughout the inner city areas as first home buyers clambered to secure the increased incentives before they were cut back in October and again in December.

The lower to mid market was strongest in the second half of the year however we did see a huge return of confidence to the upper end of the market as interest rates started to rise again bringing with it a feeling that we were over the worst of the financial crisis.

Market Forecast – The year ahead 2010

We expected to see possible leveling of the market as the increased first home owners incentives ceased and as interest rate speculation caused nerves in the market. However this has not been the case. The market has started much stronger than we’d anticipated, we’ve again had several record setting prices achieved and our company reported a record month overall. We have seen a change in the demographic of the buyer which was expected. There has been a definite return to the market by investors, they’d been pushed out of the market by the frenzy of first home buyers but are now back in the market on a more level playing field. We now expect we’ll see an upward swing of figures for the first half 2010. 

You can find this and our many other blogs at http://harcourtscityresidential.wordpress.com/

For further information on this, or any other property needs you may have, please contact:

 

Dionne Wilson

Business owner and director – Harcourts City Residential

Ph: 03 9664 8100          Mob: 0417 318 705

Email: dionne.wilson@harcourts.com.au   

Web: www.cityresidential.harcourts.com.au

*Harcourts City Residential has gathered this information to provide an interesting document for apartment owners and prospective purchasers. Harcourts City Residential may not have affected any or all of the transactions noted; rather we’ve gathered as much market information as possible on ALL transactions to be as conclusive as possible.

Information contained herein is gathered from a range of sources including but not limited to; The Age Property Results, The Herald Sun Property Results, Valuer General Information & Agents own investigations. All efforts are made to verify the information provided. The information is not to be relied upon or used in dealings with third parties and people should make their own investigations regarding their own property or personal circumstances. Opinions offered are just that, our opinions & observations and should not be treated as fact.

If your property is exclusively listed with another agent please disregard this communication