46 The Promenade, Isle Of Capri - QLD

Should I invest in this property? Let's take a look below...

Investor Tip
Is this Property in Distress?
View the level of For Sale distress PLUS the full (current) on-market history for this property. Let's see if the vendor might be getting itchy for a sale...

Is this property listing Stale?

How long has the property been on the market and how does this compare to the suburb overall?

391 days

How long has this property been on the market?

180 days

Suburb average days on market (DOM)?
Unlikely
Likelyhood this listing is Stale

Has this property been discounted?

Has the agent/vendor reduced the askng price since it was originally listed?

-9.3%

Property discounted percentage

-31.2%

Average suburb discounting percentage
Unlikely
Likelyhood this listing is in discounting distress

Is the For Sale campaign in stress?

Has the agent/vendor shown they are unsure how to market the property? Have they made a mistake? Multiple discounts?

YES

Has the property campaign flip-flopped?

NO

Has there been multiple discounts?
Normal
Likelyhood this listing is in campaign stress

Is the property in distress?

Based on this information and the above analysis, is this property likely to be in distress?
Slighly Likely
Likelyhood this listing is in discounting distress

Current Property (On Market) Listing History

Date Source Listing Discount
22 Mar, 2017 www.realestate.com.au - View $1,551,000 9% discount
08 Feb, 2017 www.realestate.com.au - View Price Not Listed
19 Apr, 2016 www.realestate.com.au - View Auction
22 Mar, 2016 www.realestate.com.au - View Price Not Listed
28 Feb, 2016 www.realestate.com.au - View $1,710,000
These are archive listing, actual listing dates for this property at or before the time stated above may vary. This property is displayed for archiving purposes.
Investor Info
Property details and comparable sales
Based on the sales description used by the agent and the property details, let's look for some comparable sales to gauge value.

Selling agent property sales description and basic details

46 The Promenade, Isle Of Capri - QLD - ...

2 Baths

4 Cars

4 Beds

House

What is the estimated condition of this property?

Based on the sentiment and actual text used to describe this property by the selling agent, Ripehouse has estimated the condition of the property.

Average Condition

Estimated condition
Normal
Confidence in the condition of this property

Recent Comparable Sold Properties

Based on the recency of sale, location, condition, bedrooms and property type we have located the Six(6) closest comparables.
Date Sold Listing Type Address Cond. Prop. Type Beds Asking Price
Insider Info
Are you even using the right strategy?

Public Housing

Income Breakdown

Rent Breakdown

Who lives here?

Key Amenities

Property Type

Bedrooms Breakdown

Bathrooms Breakdown

Insider Info
A must read Property Investment cheatsheet
Anatomy Growth

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REINSW and industry calls for retail lease reforms to introduce a standard mandatory retail lease in order to simplify lease negotiations and dispute resolution. Following a review process, the Retail Leases (Amendment) Bill 2016 passed through NSW Parliament without the inclusion of the standard mandatory lease. Read more from REINSW President, John Cunningham.

Anatomy Growth

Clients purchasing property within their super fund are entitled to claim depreciation deductions,and we’re completing more and more of these reports each day. A common trend we’re seeing is for business owners to purchase the building their business occupies as a tenant. It can be a great strategy from a security of location standpoint as well as capital growth.

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Checkout the recording of last night's February Capital Growth Masterclass with Jacob Field, founder of Ripehouse. A new state has emerged - don't miss out on the inside scoop!

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It’s amazing how far a few hundred dollars will stretch when it comes to investing into the presentation of a property for sale. This week’s top tips are about the few details that can make all the difference. Find out how to get ahead of your buyers, and anticipate problems within your property that could be an inexpensive fix prior to listing and, once altered, aid in a smooth and profitable sale. 

Anatomy Growth

Australia’s property industry has been a main driver of economic growth and increased employment in the transition away from a decade-long reliance on mining. Today, we look at the Real Estate Institute of Australia’s Pre Budget Submission for 2017/18 to the Government, calling for action to facilitate growth in the property sector. President Malcolm Gunning discusses the removal of stamp duty and provision of access to buyers’ superannuation funds as two factors that will aid in facilitating this industry growth. Find out more here.

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