Return to flip book view

Quarterly Market Report - Tom

Page 1

REPORTJULY - SEPTEMBER 2023REPORTMARKET

Page 2

MELBOURNE MARKET MOVES INTO RECOVERY PHASEThe data doesn’t lie. After 7 month-on-month median property price increases in greater Melbourne, it’s clear that we’ve well and truly passed the bottom of the market downturn and we’re now in the early recovery stage of the property cycle. Closer to home, according to Domain Chief of Research and Economics, Dr Nicola Powell, selling conditions in the City of Brimbank are “more favourable” with clearance rates improving and a marked increase in listings over the past quarter demonstrating greater confidence in property owners. Anecdotally, the increased confidence has been motivated by three key aspects:• A stability in the cash rate, with the rate held steady at 4.10% since June,• The property market price recovery, and• Improved selling conditions.With Melbourne being one of the strongest and most consistent performers in Australia over the past 4 decades and a new PropTrack report indicating that Melbourne is currently the most searched for location by overseas property seekers, there are promising times ahead for property owners in greater Melbourne.City of Brimbank property market highlights for the 3 months to September 30:• Overall, selling conditions are more favourable with auction clearance rates exceeding expectations for the 5th consecutive month.• Auction clearance rates for units are particularly strong at 70% over the past quarter.• More than 64% of enquiries came from outside the area.• Listings are also on the rise, demonstrating greater confidence and creating more balanced buying/selling conditions.Check your suburb’s property results for the 3rd quarter of 2023As City of Brimbank residential property market specialists, the Bells Property Report breaks down the results for 13 of the suburbs we look after. Information for each suburb includes:• Highest and lowest sales price achieved• Median price• Growth trends• Number of properties sold The property market always works in cyclesEvery property market is cyclical in nature. That’s why investing in property is traditionally a long game where patience is rewarded with solid Return on Investment. While housing values move through cycles of growth as well as declines, the long-term trend is undeniably upwards.With beautiful Spring weather enticing many buyers to be out and about and promising market conditions ahead, now is the time to contact us for an accurate, current marketplace appraisal of your property, especially if 2024 is your year to start afresh and upsize, downsize, relocate or grow your property portfolio. Contact us for your obligation-free marketplace appraisal and make 2024 your best year yet.Licensed Estate Agent / Auctioneer 03 9300 9008 0418 322 448 tom@bellsrealestate.com.au

Page 3

ADDRESS SALE DATE LAND PRICE2/55B Oakwood Road 11 Sep 2023 $390,000$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000$1,000,000Mar 2016Sep 2017Mar 2019Sep 2020Mar 2022Sep 2023 Market Trend - AlbanvaleALBANVALE  Highest sale price $690,000 $390,000Lowest sale price $505,000 $390,000Median price $596,000 $390,000Total price value of properties sold $6,585,500 $390,000Properties Sold11 1 JULY - SEPTEMBER 2023ADDRESS SALE DATE LAND PRICE17 Woodland Drive 12 Jul 2023 567 sqm $585,00055 Robyn Avenue 29 Jul 2023 647 sqm $631,50048 Evergreen Avenue 2 Aug 2023 546 sqm $595,00031 Robyn Avenue 11 Aug 2023 534 sqm $690,0007 Annetta Court 14 Aug 2023 544 sqm $555,000111 McCann Drive 16 Aug 2023 435 sqm $600,000ADDRESS SALE DATE LAND PRICE35 McCann Drive 19 Aug 2023 287 sqm $505,0003 Tamara Street 23 Aug 2023 534 sqm $605,0002 College Place 15 Sep 2023 549 sqm $681,00014 Concord Circuit 20 Sep 2023 529 sqm $542,00067 Entally Drive 25 Sep 2023 534 sqm $596,000SOLD $596,000SOLD $595,000SOLD $690,00031 Robyn AvenueALBANVALE48 Evergreen AvenueALBANVALE67 Entally DriveALBANVALE3

Page 4

ADDRESS SALE DATE LAND PRICE10 Brisbane Street 26 Aug 2023 697 sqm $807,00060 Burnewang Street 29 Aug 2023 595 sqm $743,5004 Clairmont Street 26 Jul 2023 585 sqm $692,0002 Cullen Court 16 Sep 2023 549 sqm $791,00010 Gunnedah Street 16 Sep 2023 563 sqm $722,00011 Hutchinson Street 15 Aug 2023 696 sqm $860,00075 Norwood Street 4 Sep 2023 534 sqm $735,00017 Susan Street 15 Jul 2023 585 sqm $765,00015 Sydney Street 23 Sep 2023 853 sqm $1,010,000HousesUnits Market Trend - Albion$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000$1,000,000Mar 2010Jun 2012Sep 2014Dec 2016Mar 2019June 2021Sep 2023ALBION   Highest sale price $1,010,000 $760,000Lowest sale price $692,000 $174,999Median price $765,000 $278,000Total price value of properties sold $7,125,500 $9,284,499Properties Sold9 26 JULY - SEPTEMBER 20234

Page 5

 JULY - SEPTEMBER 2023SOLD $1,010,000SOLD $807,000SOLD $390,000SOLD $692,000SOLD $528,000SOLD $760,0002/8 Forrest StreetALBION1/55 Derrimut StreetALBION1/1A Gunnedah StreetALBION4 Clairmont StreetALBION15 Sydney StreetALBION10 Brisbane StreetALBIONADDRESS SALE DATE LAND PRICE14/31 Ridley Street 1 Jul 2023 $230,0002/21 Derrimut Street 10 Jul 2023 199 sqm $545,0008/3 King Edward Avenue 11 Jul 2023 130 sqm $370,000130/639 Ballarat Road 28 Jul 2023 201 sqm $255,0003/15 Sydney Street 29 Jul 2023 186 sqm $585,0002/12 McLean Street 29 Jul 2023 110 sqm $660,0003/36 Ridley Street 31 Jul 2023 $200,00014/6 Ridley Street 1 Aug 2023 $174,99911/15 Ridley Street 2 Aug 2023 $195,0002/8 Forrest Street 4 Aug 2023 180 sqm $528,0007/14 Ridley Street 8 Aug 2023 $340,0007/2-4 The Gables 11 Aug 2023 $212,0001/23 King Edward Avenue 14 Aug 2023 $182,500ADDRESS SALE DATE LAND PRICE18A Norwood Street 15 Aug 2023 146 sqm $650,00084/639 Ballarat Road 23 Aug 2023 186 sqm $260,0004/10 Burnewang Street 30 Aug 2023 $315,0002/86 King Edward Ave 30 Aug 2023 139 sqm $525,0001/36 Ridley Street 31 Aug 2023 $187,5005/123 Anderson Road 2 Sep 2023 $281,0008/12 Forrest Street 14 Sep 2023 $200,00039/639 Ballarat Road 15 Sep 2023 213 sqm $263,5005/26 Forrest Street 16 Sep 2023 $190,0001/1A Gunnedah Street 18 Sep 2023 $390,00032/639 Ballarat Road 19 Sep 2023 219 sqm $275,0001/55 Derrimut Street 22 Sep 2023 250 sqm $760,0002/10 Hayden Crescent 23 Sep 2023 $510,0005

Page 6

HousesUnits$200,000$300,000$400,000$500,000$600,000$700,000$800,000Mar 2010June 2012Sep 2014Dec 2016Mar 2019June 2021Sep 2023ARDEER J Market Trend - Ardeer  Highest sale price $785,000 $590,000Lowest sale price $480,000 $529,000Median price $620,000 $559,500Total price value of properties sold $4,571,000 $1,119,000Properties Sold7 2 JULY - SEPTEMBER 2023SOLD $780,000SOLD $620,000SOLD $590,0001/84 Rockbank RoadARDEER4 Verdant AvenueARDEER36 Holt StreetARDEERADDRESS SALE DATE LAND PRICE36 Holt Street 3 Jul 2023 971 sqm $780,00065 Chelsey Street 5 Aug 2023 697 sqm $601,0004 Verdant Avenue 21 Aug 2023 619 sqm $620,00043 Lawrence Street 26 Aug 2023 604 sqm $785,000ADDRESS SALE DATE LAND PRICE58 Blanche Street 8 Sep 2023 347 sqm $480,000129 Suspension Street 20 Sep 2023 604 sqm $605,00034 Helene Street 26 Sep 2023 604 sqm $700,000ADDRESS SALE DATE LAND PRICE1/84 Rockbank Road 25 Aug 2023 233 sqm $590,000ADDRESS SALE DATE LAND PRICE37A Sunhill Crescent 23 Sep 2023 267 sqm $529,0006

Page 7

$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000$1,000,000Mar 2016Sep 2017Mar 2019Sep 2020Mar 2022Sep 2023 Market Trend - BurnsideBURNSIDE  Highest sale price $1,095,000 -Lowest sale price $550,000 -Median price $752,000 -Total price value of properties sold $6,985,500 -Properties Sold9 0 JULY - SEPTEMBER 2023SOLD $1,095,000SOLD $870,000SOLD $900,00015 Perkins GroveBURNSIDE30 Almendra AvenueBURNSIDE248 Westwood DriveBURNSIDEADDRESS SALE DATE LAND PRICE3 Empire Avenue 3 Jul 2023 512 sqm $752,000248 Westwood Drive 10 Jul 2023 706 sqm $1,095,0008 Billungah Place 14 Jul 2023 837 sqm $550,00030 Almendra Avenue 6 Aug 2023 388 sqm $870,00071 Fydler Avenue 25 Aug 2023 512 sqm $730,000ADDRESS SALE DATE LAND PRICE61 Montmarte Boulevard 26 Aug 2023 300 sqm $745,0002 Devitt Court 28 Aug 2023 621 sqm $586,00028 Wood Grove 18 Sep 2023 627 sqm $757,50015 Perkins Grove 23 Sep 2023 623 sqm $900,0007

Page 8

  Highest sale price $1,451,000 $810,000Lowest sale price $600,000 $477,500Median price $737,500 $646,500Total price value of properties sold $6,396,000 $12,941,500Properties Sold8 20ADDRESS SALE DATE LAND PRICE3 Ellis Court 3 Jul 2023 880 sqm $750,00036 Hancock Crescent 5 Jul 2023 641 sqm $815,00014 Castley Crescent 6 Jul 2023 647 sqm $725,00032 Shepherd Street 25 Jul 2023 576 sqm $760,0003 Myalla Street 27 Jul 2023 561 sqm $600,00013 Adamson Street 2 Aug 2023 587 sqm $655,00016 Beachley Street 4 Sep 2023 463 sqm $640,0005 West Central Park Avenue 9 Sep 2023 418 sqm $1,451,000 JULY - SEPTEMBER 2023$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000$1,000,000Mar 2010Jun 2012Sep 2014Dec 2016Mar 2019Jun 2021Sep 2023 Market Trend - Braybrook8

Page 9

 JULY - SEPTEMBER 2023SOLD $680,000SOLD $760,000SOLD $648,000SOLD $1,451,000SOLD $725,000SOLD $600,0001/11 Hanna CourtBRAYBROOK3 Myalla StreetBRAYBROOK2/17 Cremorne StreetBRAYBROOK5 West Central Park AvenueBRAYBROOK2/75 Joy StreetBRAYBROOK32 Shepherd StreetBRAYBROOKADDRESS SALE DATE LAND PRICE2/5 Hinkler Street 3 Jul 2023 105 sqm $650,0002/75 Joy Street 8 Jul 2023 337 sqm $680,0005/6 Daisy Court 20 Jul 2023 155 sqm $635,0002/17 Cremorne Street 21 Jul 2023 198 sqm $648,00021 Errol Street 1 Aug 2023 265 sqm $680,0001/103 Churchill Avenue 5 Aug 2023 270 sqm $630,00030 Royal Road 8 Aug 2023 140 sqm $665,0003/8 Balmoral Street 9 Aug 2023 142 sqm $645,0001/2 Lily Street 11 Aug 2023 129 sqm $600,0003/61 Churchill Avenue 19 Aug 2023 131 sqm $651,000ADDRESS SALE DATE LAND PRICE81 Teague Crescent 21 Aug 2023 125 sqm $690,0003/12 Cherry Crescent 24 Aug 2023 218 sqm $575,0001/11 Hanna Court 24 Aug 2023 159 sqm $725,000102/15-19 Mullenger Road 25 Aug 2023 $477,5002/51 Pritchard Avenue 9 Sep 2023 235 sqm $802,000100 Royal Road 14 Sep 2023 140 sqm $645,0002/4 Balmoral Street 15 Sep 2023 163 sqm $810,0004/6 Oak Court 19 Sep 2023 127 sqm $545,0002/33 Crothers Street 21 Sep 2023 156 sqm $550,0004/3 Daisy Court 25 Sep 2023 144 sqm $638,0009

Page 10

$200,000$400,000$600,000$800,000$1,000,000Mar 2016Sep 2017Mar 2019Sep 2020Mar 2022Sep 2023 Market Trend - Caroline SpringsCAROLINE SPRINGS  Highest sale price $1,906,000 $721,000Lowest sale price $495,000 $365,000Median price $741,925 $488,000Total price value of properties sold $46,037,350 $10,007,999Properties Sold58 20 JULY - SEPTEMBER 2023ADDRESS SALE DATE LAND PRICE4 Goulburn Circuit 4 Jul 2023 320 sqm $540,00011 Matlock Street 4 Jul 2023 312 sqm $568,50034 Botanical Drive 6 Jul 2023 448 sqm $815,000174 The Esplanade 6 Jul 2023 310 sqm $1,010,00011 Ordsall Close 8 Jul 2023 300 sqm $559,0006 Blakeville Drive 8 Jul 2023 193 sqm $530,00015 Herring Loop 11 Jul 2023 350 sqm $840,0003 Beacon Lane 13 Jul 2023 288 sqm $680,0007 Wattlepark Street 14 Jul 2023 400 sqm $790,00015 Cullen Terrace 15 Jul 2023 266 sqm $590,0009 Hurlingham Place 16 Jul 2023 577 sqm $800,00016 Wyperfeld Circuit 17 Jul 2023 400 sqm $572,0002 Sidney Place 18 Jul 2023 300 sqm $532,50019 Kyneton Circuit 18 Jul 2023 887 sqm $1,030,00015 Streeton Avenue 19 Jul 2023 312 sqm $565,00018 Scarvell Crescent 21 Jul 2023 400 sqm $630,00013 Sidney Place 21 Jul 2023 563 sqm $860,00011A Greville Street 21 Jul 2023 $901,00044 Olsen Retreat 26 Jul 2023 415 sqm $680,00026 Abbington Crescent 27 Jul 2023 300 sqm $545,0002 Stoneman Turn 27 Jul 2023 300 sqm $560,5009 Coppin Lane 27 Jul 2023 310 sqm $1,015,0005 Aura Lane 31 Jul 2023 400 sqm $717,000ADDRESS SALE DATE LAND PRICE8 Dickerson Way 2 Aug 2023 450 sqm $540,0009 Olsen Retreat 5 Aug 2023 457 sqm $647,00036 Naracoorte Drive 7 Aug 2023 300 sqm $557,50046 Edgbaston Parade 8 Aug 2023 350 sqm $715,00028 Milburn Circuit 8 Aug 2023 640 sqm $855,0002 Lancely Green 11 Aug 2023 350 sqm $741,85010 Maranoa Grove 12 Aug 2023 350 sqm $797,00022 Gardenia Way 15 Aug 2023 355 sqm $677,50013 Herrington Turn 16 Aug 2023 400 sqm $700,0008 Errindura Place 16 Aug 2023 350 sqm $930,00069 Springlake Avenue 18 Aug 2023 640 sqm $905,0009 Finsbury Close 19 Aug 2023 400 sqm $800,00018 Rutherglen Way 21 Aug 2023 598 sqm $1,440,00015 Caravel Lane 24 Aug 2023 290 sqm $1,560,00025 Glenmaggie Chase 25 Aug 2023 786 sqm $1,425,0003 Hurlingham Place 28 Aug 2023 502 sqm $831,00015 Lauricella Place 29 Aug 2023 400 sqm $725,00023 Daly Circuit 30 Aug 2023 312 sqm $495,0001 Girraween Place 30 Aug 2023 651 sqm $663,0003 Dowie Place 30 Aug 2023 672 sqm $1,906,00014 Botanical Drive 31 Aug 2023 431 sqm $747,0006 Dobell Crescent 1 Sep 2023 450 sqm $955,00014 Bendigo Circuit 7 Sep 2023 448 sqm $710,00010

Page 11

SOLD $658,000SOLD $855,000SOLD $955,000SOLD $1,030,000SOLD $527,000SOLD $1,440,0002/25 Cassan WayCAROLINE SPRINGS18 Rutherglen WayCAROLINE SPRINGS6 Dobell CrescentCAROLINE SPRINGS19 Kyneton Circuit CAROLINE SPRINGS6/10 Stamford GroveCAROLINE SPRINGS28 Milburn CircuitCAROLINE SPRINGS JULY - SEPTEMBER 2023ADDRESS SALE DATE LAND PRICE12/17-21 Cobaw Circuit 2 Jul 2023 119 sqm $475,000153/73 Lake Street 5 Jul 2023 $470,000111/173 Caroline Springs Blvd7 Jul 2023 $500,0006/1 Woodward Way 10 Jul 2023 $500,0002/25 Cassan Way 15 Jul 2023 266 sqm $527,0009/2 Monckton Place 19 Jul 2023 $370,00010/2 Monckton Place 20 Jul 2023 $410,0005/7 Toolondo Close 23 Jul 2023 316 sqm $721,00026/2 Monckton Place 24 Jul 2023 $420,00015/76 The Esplanade 25 Jul 2023 60 sqm $480,000ADDRESS SALE DATE LAND PRICE10 Mokoan Close 8 Sep 2023 704 sqm $956,0009 Earlswood Close 9 Sep 2023 400 sqm $792,00011 Turitable Way 9 Sep 2023 590 sqm $1,140,00032 Wyperfeld Circuit 13 Sep 2023 701 sqm $770,00016 Broadhurst Way 15 Sep 2023 430 sqm $685,00019 Alexandra Gardens 15 Sep 2023 448 sqm $760,000ADDRESS SALE DATE LAND PRICE18/8 The Crossing 3 Aug 2023 94 sqm $510,0003/10-12 Kooyong Way 15 Aug 2023 173 sqm $599,9991 Drusilla Place 16 Aug 2023 240 sqm $590,0006/10 Stamford Grove 17 Aug 2023 239 sqm $658,0004/2 Monckton Place 19 Aug 2023 $430,00027/2 Monckton Place 22 Aug 2023 $365,0002/8 The Crossing 22 Aug 2023 108 sqm $496,000107/9 Commercial Road 28 Aug 2023 $420,0002/5 Lorimer Street 7 Sep 2023 150 sqm $645,0007/11 Monckton Place 27 Sep 2023 144 sqm $421,000ADDRESS SALE DATE LAND PRICE38 Naracoorte Drive 16 Sep 2023 472 sqm $724,5007 Lorimer Street 16 Sep 2023 312 sqm $781,00015 Sidney Place 17 Sep 2023 300 sqm $545,5005 Buckley Way 20 Sep 2023 400 sqm $742,0002 Cook Street 23 Sep 2023 651 sqm $938,0003 Marino Lane 12 Aug 2023 204 sqm $550,00011

Page 12

$200,000$400,000$600,000$800,000$1,000,000Mar 2016Sep 2017Mar 2019Sep 2020Mar 2022Sep 2023 Market Trend - CairnleaCAIRNLEA  Highest sale price $1,410,000 $687,000Lowest sale price $715,000 $480,000Median price $990,000 $583,500Total price value of properties sold $12,220,500 $1,167,000Properties Sold12 2 JULY - SEPTEMBER 2023ADDRESS SALE DATE LAND PRICE15 Minvi Terrace 18 Jul 2023 412 sqm $835,00027 Waterview Drive 19 Jul 2023 759 sqm $1,400,00074 Ken Jordan Road 20 Jul 2023 596 sqm $870,00065 Furlong Road 22 Jul 2023 807 sqm $1,410,00030 Pawleena Circuit 26 Jul 2023 484 sqm $985,00035 Gurnung Drive 27 Jul 2023 593 sqm $1,055,500ADDRESS SALE DATE LAND PRICE14 Walert Street 12 Aug 2023 590 sqm $730,00030 Prospector Drive 2 Sep 2023 611 sqm $1,185,000210 Cairnlea Drive 13 Sep 2023 316 sqm $740,00025 Sandpiper Street 28 Sep 2023 570 sqm $715,00011 Sullivan Road 28 Sep 2023 410 sqm $995,0001 Alba Walk 28 Sep 2023 668 sqm $1,300,000ADDRESS SALE DATE LAND PRICE511/118 Cairnlea Drive 12 Jul 2023 $480,000ADDRESS SALE DATE LAND PRICE6 Oatlands Lane 31 Jul 2023 203 sqm $687,000SOLD $1,185,000SOLD $1,400,000SOLD $835,00015 Minvi TerraceCAIRNLEA27 Waterview DriveCAIRNLEA30 Prospector DriveCAIRNLEA12

Page 13

$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000$1,000,000Mar 2016Sep 2017Mar 2019Sep 2020Mar 2022Sep 2023\ Market Trend - DerrimutDERRIMUT  Highest sale price $875,000 $515,000Lowest sale price $597,000 $470,000Median price $693,000 $492,500Total price value of properties sold $8,631,000 $985,000Properties Sold12 2 JULY - SEPTEMBER 2023ADDRESS SALE DATE LAND PRICE22 Fernhurst Avenue 25 Jul 2023 461 sqm $691,00021 Walmer Road 10 Aug 2023 560 sqm $765,00080 Lennon Parkway 18 Aug 2023 353 sqm $670,00013 Cashmere Court 26 Aug 2023 400 sqm $597,00052 Foleys Road 30 Aug 2023 387 sqm $700,00026 Foleys Road 31 Aug 2023 388 sqm $695,000ADDRESS SALE DATE LAND PRICE6 Ludlow Court 2 Sep 2023 670 sqm $875,00011 Manderston Avenue 5 Sep 2023 648 sqm $820,00026 Berkeley Crescent 9 Sep 2023 198 sqm $656,00043 Grosvenor Crescent 28 Sep 2023 507 sqm $862,00018 Colby Link 30 Sep 2023 390 sqm $650,00018 Menzies Promenade 30 Sep 2023 $650,000SOLD $691,000SOLD $650,000SOLD $470,0002/7 Bowood CourtDERRIMUT18 Colby LinkDERRIMUT22 Fernhurst AvenueDERRIMUTADDRESS SALE DATE LAND PRICE65 Windsor Boulevard 2 Aug 2023 176 sqm $515,000ADDRESS SALE DATE LAND PRICE2/7 Bowood Court 27 Sep 2023 123 sqm $470,00013

Page 14

  Highest sale price $1,050,000 $685,000Lowest sale price $530,000 $437,000Median price $685,000 $525,000Total price value of properties sold $23,327,400 $9,659,820Properties Sold33 19 JULY - SEPTEMBER 2023$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000$1,000,000Mar 2016Sep 2017Mar 2019Sep 2020Mar 2022Sep 2023 Market Trend - Deer ParkDEER PARK ADDRESS SALE DATE LAND PRICE16 Little Street 1 Jul 2023 604 sqm $550,5007 Holmewood Avenue 1 Jul 2023 525 sqm $684,00025 Hovell Street 4 Jul 2023 534 sqm $590,00065 Dumfries Street 4 Jul 2023 688 sqm $625,00014 Tulloch Street 4 Jul 2023 464 sqm $690,0004 Loxwood Court 8 Jul 2023 427 sqm $740,00035 Salmond Street 10 Jul 2023 597 sqm $530,00015 Corey Close 11 Jul 2023 431 sqm $710,00024 Neimur Avenue 15 Jul 2023 697 sqm $705,00025 Dumfries Street 25 Jul 2023 664 sqm $587,50030 Meakin Way 27 Jul 2023 442 sqm $691,00029 Lewin Street 5 Aug 2023 542 sqm $860,00013 Ravenslea Crescent 12 Aug 2023 555 sqm $610,4008 Howard Place 16 Aug 2023 336 sqm $630,0002 Amron Close 17 Aug 2023 500 sqm $710,00047 Tasman Avenue 23 Aug 2023 536 sqm $615,00021 Dumfries Street 25 Aug 2023 664 sqm $585,000ADDRESS SALE DATE LAND PRICE2 Stoke Street 25 Aug 2023 728 sqm $681,0002 Erskine Court 25 Aug 2023 495 sqm $777,00058 Welwyn Parade 25 Aug 2023 686 sqm $800,00012 Ravenslea Crescent 29 Aug 2023 588 sqm $605,00029 Ashgrove Drive 29 Aug 2023 400 sqm $780,0001 Gould Street 2 Sep 2023 534 sqm $630,0004 Rosyth Court 5 Sep 2023 545 sqm $942,00018 Hemsley Drive 9 Sep 2023 589 sqm $1,050,00010 Ambon Avenue 11 Sep 2023 534 sqm $637,00036 Hatchlands Drive 14 Sep 2023 371 sqm $638,0002 Parkview Court 14 Sep 2023 518 sqm $850,00017 Dumfries Street 17 Sep 2023 664 sqm $954,0004 Oconnor Road 21 Sep 2023 480 sqm $795,00068 Chester Crescent 22 Sep 2023 534 sqm $650,00049 Hamilton Street 23 Sep 2023 570 sqm $685,0004 Lloyd Street 26 Sep 2023 697 sqm $740,00014

Page 15

 JULY - SEPTEMBER 2023SOLD $942,000SOLD $1,050,000SOLD $480,000SOLD $954,000SOLD $685,000SOLD $690,0001/1 Carroll StreetDEER PARK14 Tulloch StreetDEER PARK2/8 Widnes CourtDEER PARK17 Dumfries StreetDEER PARK4 Rosyth CourtDEER PARK18 Hemsley DriveDEER PARKADDRESS SALE DATE LAND PRICE2/8 Widnes Court 7 Jul 2023 212 sqm $480,0001/36 Laming Road 8 Jul 2023 308 sqm $437,0002/22 Irvine Street 8 Jul 2023 157 sqm $490,0001/1 Carroll Street 18 Jul 2023 311 sqm $685,0002/89 Quinn Street 20 Jul 2023 226 sqm $480,0002/88 Welwyn Parade 22 Jul 2023 153 sqm $567,0002/4 Neimur Avenue 24 Jul 2023 136 sqm $570,0001/55 Hogan Street 31 Jul 2023 495 sqm $442,0004/71-73 Station Road 5 Aug 2023 107 sqm Not Disclosed1 Welwyn Parade 10 Aug 2023 170 sqm $610,0002/52 Billingham Road 17 Aug 2023 162 sqm $540,0001/18 Welwyn Parade 26 Aug 2023 231 sqm $571,0001/2 Parkwood Court 30 Aug 2023 190 sqm $497,5005/9 Canterbury Street 7 Sep 2023 $440,0001/18 Kynoch Street 9 Sep 2023 273 sqm $598,3203/11 Parkwood Court 11 Sep 2023 176 sqm $525,00015

Page 16

  Highest sale price $1,000,000 $760,000Lowest sale price $507,500 $245,000Median price $650,000 $500,000Total price value of properties sold $35,950,588 $21,227,500Properties Sold54 43 JULY - SEPTEMBER 2023$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000$1,000,000Mar 2016Sep 2017Mar 2019Sep 2020Mar 2022Sep 2023 Market Trend - Sunshine WestST ALBANS ADDRESS SALE DATE LAND PRICE35 Clover Avenue 2 Jul 2023 534 sqm $700,00069 Andrea Street 4 Jul 2023 506 sqm $750,00032 Lima Street 7 Jul 2023 871 sqm $810,00014 Beaver Street 8 Jul 2023 590 sqm $657,000244 Main Road East 9 Jul 2023 466 sqm $595,000418 Main Road West 11 Jul 2023 1095 sqm $1,000,00013 Larkspur Drive 13 Jul 2023 587 sqm $610,00032 Charlbury Grove 14 Jul 2023 585 sqm $637,500170 Alfrieda Street 19 Jul 2023 $600,00022 Orford Road 22 Jul 2023 534 sqm $729,20042 Blendon Avenue 25 Jul 2023 427 sqm $620,0003 Taylors Road 26 Jul 2023 629 sqm $701,500139 Power Street 26 Jul 2023 813 sqm $850,00087 Arthur Street 1 Aug 2023 572 sqm $595,0008 Halifax Close 1 Aug 2023 601 sqm $595,0006 Horham Court 2 Aug 2023 560 sqm $602,50030 Jamieson Street 3 Aug 2023 670 sqm $507,50039 Harmon Avenue 3 Aug 2023 650 sqm $750,000444 Main Road West 4 Aug 2023 604 sqm $570,00010 Stevens Road 6 Aug 2023 604 sqm $650,000131 Main Road East 7 Aug 2023 542 sqm $600,00025 Avondale Avenue 12 Aug 2023 650 sqm $670,00017 Levenia Street 12 Aug 2023 451 sqm $917,000ADDRESS SALE DATE LAND PRICE8 Reaburn Avenue 14 Aug 2023 650 sqm $600,00052 Chedgey Drive 14 Aug 2023 534 sqm $680,0005 Lindsey Road 16 Aug 2023 534 sqm $650,00035 West Esplanade 17 Aug 2023 704 sqm $695,0007 Carawah Retreat 18 Aug 2023 450 sqm $610,00050 Vincent Avenue 21 Aug 2023 697 sqm $665,00020 Graceburn Grove 25 Aug 2023 602 sqm $630,0002 Horham Court 28 Aug 2023 608 sqm $600,000127 Moonstone Circuit 28 Aug 2023 521 sqm $700,00048 George Street 28 Aug 2023 782 sqm $705,00027 Corunna Avenue 29 Aug 2023 557 sqm $645,0004 Shirley Street 29 Aug 2023 674 sqm $660,00013 Disraeli Street 30 Aug 2023 613 sqm $531,500225 Taylors Road 3 Sep 2023 562 sqm $620,0004 Occold Court 5 Sep 2023 594 sqm $650,00012 Kodre Street 7 Sep 2023 586 sqm $600,0003 Huntley Court 8 Sep 2023 597 sqm $695,0001 Lindsey Road 9 Sep 2023 533 sqm $625,00026 View Street 9 Sep 2023 609 sqm $685,00012 Walmer Avenue 9 Sep 2023 696 sqm $812,00026 Ravenna Street 11 Sep 2023 534 sqm $670,0004 Stevens Road 12 Sep 2023 604 sqm $587,0001 Maple Crescent 14 Sep 2023 534 sqm $636,00016

Page 17

ADDRESS SALE DATE LAND PRICE3/8 Ivanhoe Avenue 1 Jul 2023 137 sqm $440,0003/50 Douglas Avenue 3 Jul 2023 197 sqm $445,0006/14 Percy Street 4 Jul 2023 $250,0005/9 Albert Crescent 4 Jul 2023 87 sqm $339,0005/4-8 Merton Street 4 Jul 2023 56 sqm $245,0001/79 McArthur Avenue 5 Jul 2023 $483,0001/10 Percy Street 6 Jul 2023 $245,0001/11 Beaver Street 6 Jul 2023 268 sqm $650,00016B Grant Street 8 Jul 2023 147 sqm $610,0002/9 Gunyah Mews 9 Jul 2023 266 sqm $550,0003/14 Stevens Road 12 Jul 2023 136 sqm $500,0002/61 Conrad Street 12 Jul 2023 $650,0002/6 Larkspur Drive 14 Jul 2023 $480,0005/7 Topaz Place 19 Jul 2023 151 sqm $435,0001/175 William Street 19 Jul 2023 346 sqm $505,0001/420 Main Road West 23 Jul 2023 254 sqm $505,0002/72 Fox Street 29 Jul 2023 138 sqm $562,0003/47 Scott Avenue 1 Aug 2023 244 sqm $490,0002/14 Stevens Road 3 Aug 2023 127 sqm $450,0001/53 Wahgunyah Drive 4 Aug 2023 247 sqm $475,0001/17 Pennell Avenue 6 Aug 2023 339 sqm $522,0001/18 Marsden Crescent 10 Aug 2023 $320,000ADDRESS SALE DATE LAND PRICE22B Charles Street 10 Aug 2023 293 sqm $760,0004/34 Pennell Avenue 11 Aug 2023 $635,0001/53 Errington Road 12 Aug 2023 304 sqm $500,0002/48 Douglas Avenue 14 Aug 2023 132 sqm $581,0002/42 Gladstone Street 18 Aug 2023 223 sqm $400,0002/6-8 Glendenning Street 22 Aug 2023 $502,5001/32 Oberon Avenue 23 Aug 2023 265 sqm $560,0001/65 Andrew Road 25 Aug 2023 283 sqm $470,0005 Cahill Street 29 Aug 2023 183 sqm $632,0003/48 Douglas Avenue 30 Aug 2023 116 sqm $581,0003/92 Power Street 4 Sep 2023 101 sqm $580,0001/11 Yarmouth Avenue 12 Sep 2023 104 sqm $330,0001/1 Wilpena Court 14 Sep 2023 290 sqm $465,0002/14 George Street 15 Sep 2023 $510,0001/105 Denton Avenue 16 Sep 2023 313 sqm $690,0002/1 Station Avenue 20 Sep 2023 151 sqm $460,0002/62 Jamieson Street 20 Sep 2023 191 sqm $475,00063 Theodore Street 20 Sep 2023 186 sqm $510,00014A Grace Street 25 Sep 2023 243 sqm $490,0002/32 Thomas Street 26 Sep 2023 135 sqm $325,00097 Oakden Crescent 15 Sep 2023 156 sqm $620,000 JULY - SEPTEMBER 2023SOLD $917,000SOLD $650,000SOLD $460,0002/1 Station AvenueST ALBANS5 Lindsey RoadST ALBANS17 Levenia StreetST ALBANSADDRESS SALE DATE LAND PRICE51 Glyndon Avenue 16 Sep 2023 581 sqm $737,00030 Lindsey Road 20 Sep 2023 556 sqm $626,88846 Jamieson Street 22 Sep 2023 604 sqm $605,00039 Millawa Avenue 22 Sep 2023 697 sqm $685,000ADDRESS SALE DATE LAND PRICE23 Adams Street 23 Sep 2023 809 sqm $695,00081 St Albans Road 23 Sep 2023 535 sqm $710,00020 Jamieson Street 25 Sep 2023 641 sqm $600,0009 Reaburn Avenue 27 Sep 2023 651 sqm $623,00017

Page 18

$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000$1,000,000Mar 2010Jun 2012Sep 2014Dec 2016Mar 2019Jun 2021Sep 2023 Market Trend - Sunshine  Highest sale price $1,100,000 $795,000Lowest sale price $605,000 $180,000Median price $735,000 $593,000Total price value of properties sold $11,320,000 $5,426,000Properties Sold14 10 JULY - SEPTEMBER 2023ADDRESS SALE DATE LAND PRICE4 Newman Street 4 Jul 2023 500 sqm $720,0004-6 Matthews Street 8 Jul 2023 1352 sqm $1,090,00059 Dickson Street 29 Jul 2023 465 sqm $723,00013 Moira Street 29 Jul 2023 615 sqm $605,0002 Roselea Court 7 Aug 2023 440 sqm $665,00021 Hertford Road 11 Aug 2023 535 sqm $1,100,00025 Kinnane Crescent 13 Aug 2023 435 sqm $690,0002 Taunton Street 22 Aug 2023 623 sqm $762,00099 Hertford Road 29 Aug 2023 582 sqm $730,00050 Benjamin Street 7 Sep 2023 427 sqm $880,0009 Monica Street 11 Sep 2023 581 sqm $1,100,0002A Alice Street 16 Sep 2023 510 sqm $785,000389 Ballarat Road 16 Sep 2023 445 sqm $740,00040 Hampshire Road 16 Sep 2023 334 sqm $730,00018

Page 19

SOLD $1,100,000SOLD $730,000SOLD $631,000SOLD $880,000SOLD $650,000SOLD $1,100,0002/12 George StreetSUNSHINE21 Hertford RoadSUNSHINE2/19 Watt StreetSUNSHINE50 Benjamin Street SUNSHINE9 Monica StreetSUNSHINE99 Hertford RoadSUNSHINE JULY - SEPTEMBER 2023ADDRESS SALE DATE LAND PRICE1/11 Kinnane Crescent 25 Jul 2023 185 sqm $685,000508/1 Foundry Road 27 Jul 2023 $405,00012/437 Ballarat Road 28 Jul 2023 $180,00028/112-116 Anderson Road 29 Jul 2023 $795,0009/12 George Street 30 Jul 2023 $660,0002/12 George Street 2 Aug 2023 $650,0001/116 Morris Street 18 Aug 2023 170 sqm $555,00012/136 Wright Street 28 Aug 2023 65 sqm $310,000403/254 Hampshire Road 29 Aug 2023 $555,0002/19 Watt Street 23 Sep 2023 178 sqm $631,00019

Page 20

$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000$1,000,000Mar 2010Jun 2012Sep 2014Dec 2016Mar 2019Jun 2021Sep 2023 Market Trend - Sunshine North  Highest sale price $1,241,000 $740,000Lowest sale price $486,666 $480,000Median price $721,000 $665,000Total price value of properties sold $16,902,166 $8,350,500Properties Sold23 13 JULY - SEPTEMBER 2023ADDRESS SALE DATE LAND PRICE25 Mansfield Avenue 3 Jul 2023 697 sqm $885,00015 Mansfield Avenue 11 Jul 2023 697 sqm $685,00049 Dunkeld Avenue 12 Jul 2023 559 sqm $605,00056 Suolk Road 14 Jul 2023 255 sqm $679,0005 Troon Crescent 15 Jul 2023 496 sqm $1,241,0005 Roussac Court 16 Jul 2023 552 sqm $486,66641 Augusta Crescent 17 Jul 2023 260 sqm $700,000107 Westmoreland Road 20 Jul 2023 657 sqm $721,00071 Cumberland Street 28 Jul 2023 542 sqm $710,000436 Ballarat Road 31 Jul 2023 617 sqm $795,00025 Busch Street 5 Aug 2023 502 sqm $773,00034 Perennial Drive 9 Aug 2023 540 sqm $500,000ADDRESS SALE DATE LAND PRICE46 Cary Street 22 Aug 2023 604 sqm $630,00019 Ford Avenue 23 Aug 2023 737 sqm $750,50017 Fulton Retreat 24 Aug 2023 640 sqm $808,0008 Buckley Avenue 26 Aug 2023 529 sqm $679,0007 Nottingham Street 26 Aug 2023 590 sqm $758,00014 Maldon Court 1 Sep 2023 535 sqm $700,00065 Sandford Avenue 6 Sep 2023 604 sqm $561,00034 Barwon Avenue 7 Sep 2023 603 sqm $725,0005 Plymouth Close 19 Sep 2023 560 sqm $860,00023 Wiltshire Street 23 Sep 2023 617 sqm $790,00054 Westmoreland Road 27 Sep 2023 539 sqm $860,00020

Page 21

SOLD $1,241,000SOLD $795,000SOLD $500,000SOLD $680,500SOLD $610,000SOLD $758,0001/11 Charles StreetSUNSHINE NORTH7 Nottingham StreetSUNSHINE NORTH1/67 Sandford AvenueSUNSHINE NORTH19A Bradley StreetSUNSHINE NORTH5 Troon CrescentSUNSHINE NORTH436 Ballarat RoadSUNSHINE NORTH JULY - SEPTEMBER 2023ADDRESS SALE DATE LAND PRICE1/11 Charles Street 4 Jul 2023 254 sqm $610,0001/5 Lodden Street 4 Jul 2023 150 sqm $705,0002/46 Somerset Drive 14 Jul 2023 $480,00010 Winged Foot Drive 13 Aug 2023 151 sqm $735,0003/60 St Andrews Drive 14 Aug 2023 174 sqm $640,0001/67 Sandford Avenue 22 Aug 2023 247 sqm $500,00019A Bradley Street 26 Aug 2023 327 sqm $680,50067 Phoenix Street 29 Aug 2023 244 sqm $740,00059 Wattlebird Court 1 Sep 2023 162 sqm $715,000101/91 Wattlebird Court 4 Sep 2023 $610,0003/29 Bangerang Avenue 7 Sep 2023 197 sqm $665,00022A Park Drive 12 Sep 2023 490 sqm $700,0002/9 Busch Street 28 Sep 2023 160 sqm $570,00021

Page 22

  Highest sale price $1,322,500 $732,500Lowest sale price $535,000 $300,000Median price $710,000 $590,000Total price value of properties sold $21,732,100 $8,699,500Properties Sold30 15 JULY - SEPTEMBER 2023ADDRESS SALE DATE LAND PRICE76 Lachlan Road 1 Jul 2023 701 sqm $710,0004 Adina Court 1 Jul 2023 712 sqm $823,00013 Marchant Crescent 6 Jul 2023 619 sqm $650,00020 Ingram Avenue 12 Jul 2023 601 sqm $605,0008 Marchant Crescent 20 Jul 2023 618 sqm $637,5006 Foxcroft Court 31 Jul 2023 371 sqm $730,00039 Young Street 1 Aug 2023 255 sqm $625,00085 Mayne Street 2 Aug 2023 534 sqm $635,00032 Morrison Crescent 5 Aug 2023 624 sqm $600,00012 Kutcher Court 5 Aug 2023 791 sqm $1,322,50027 Morrison Crescent 11 Aug 2023 596 sqm $535,00097 Ridgeway Parade 12 Aug 2023 690 sqm $735,000ADDRESS SALE DATE LAND PRICE33 Marcia Street 19 Aug 2023 719 sqm $551,00020 Kermeen Street 22 Aug 2023 577 sqm $610,00010 Eucalyptus Court 24 Aug 2023 595 sqm $890,0009 Guava Close 24 Aug 2023 669 sqm $925,00038 Korowa Street 31 Aug 2023 597 sqm $700,000252 Glengala Road 2 Sep 2023 697 sqm $800,10032 Cawood Drive 4 Sep 2023 707 sqm $686,50024 Alpini Parade 9 Sep 2023 297 sqm $725,0001 Armstrong Street 9 Sep 2023 651 sqm $885,00027 Learmonth Crescent 13 Sep 2023 584 sqm $650,00053 Ridgeway Parade 14 Sep 2023 712 sqm $710,0005 Buckingham Crescent 18 Sep 2023 663 sqm $620,000$200,000$300,000$400,000$500,000$600,000$700,000$800,000$900,000$1,000,000Mar 2010Jun 2012Sep 2014Dec 2016Mar 2019Jun 2021Sep 2023 Market Trend - Sunshine West22

Page 23

 JULY - SEPTEMBER 2023SOLD $300,000SOLD $540,000SOLD $695,000SOLD $605,000SOLD $885,000SOLD $600,0001 Armstrong StreetSUNSHINE WEST14 Gayle CloseSUNSHINE WEST1/9 Hall StreetSUNSHINE WEST20 Ingram AvenueSUNSHINE WEST1/11 Song StreetSUNSHINE WEST22A Dinnell StreetSUNSHINE WESTADDRESS SALE DATE LAND PRICE238 Wright Street 22 Sep 2023 573 sqm $725,00011 James Street 22 Sep 2023 697 sqm $824,0007 Napier Court 27 Sep 2023 550 sqm $605,000ADDRESS SALE DATE LAND PRICE64 Whitesides Avenue 27 Sep 2023 646 sqm $747,5006 Davey Street 28 Sep 2023 696 sqm $710,0003 Mark Street 28 Sep 2023 697 sqm $760,000ADDRESS SALE DATE LAND PRICE32A Yaralla Crescent 1 Jul 2023 268 sqm $732,5003/16 Mounsey Street 12 Jul 2023 183 sqm $623,0005/40 Mernda Street 15 Jul 2023 188 sqm $488,0002/32 Mernda Street 18 Jul 2023 653 sqm $552,0001/9 Hall Street 20 Jul 2023 $695,0001/32 Mernda Street 21 Jul 2023 372 sqm $590,00014 Gayle Close 22 Jul 2023 186 sqm $600,0001/10 Myers Street 24 Jul 2023 185 sqm $540,000ADDRESS SALE DATE LAND PRICE1/7 The Mews 3 Aug 2023 188 sqm $542,00012 Luzon Way 7 Aug 2023 260 sqm $712,0001/11 Song Street 23 Aug 2023 $300,0001/2 Estelle Street 23 Aug 2023 253 sqm $580,000153 The Avenue 23 Aug 2023 283 sqm $595,0003/7 The Mews 16 Sep 2023 197 sqm $610,00022A Dinnell Street 20 Sep 2023 227 sqm $540,00023

Page 24

The information contained herein is to be used as a guide only. Although every care has been taken in the preparation of the information, we stress that particulars herein are for information only and do not constitute representations by the Owners or Agent. Sales data is provided as a guide to market activity. All sales data is collated from CoreLogic. The Median price of each suburb has been calculated from all available data within the noted period. Any sales data without a price (undisclosed) has been excluded from the median price calculation.Licensed Estate Agent / Auctioneer 03 9300 9008 0418 322 448 tom@bellsrealestate.com.au 9300 900814 Devonshire RoadSunshine VIC 3020 9300 9000 sunshine@bellsrealestate.com.au