Comparative Market Analysis

38 LOLLER STREET BRIGHTON VIC 3186

Prepared on 21st March 2023

Daniel Centofanti
Peritum Property
14 Northumberland Street
SOUTH MELBOURNE VIC 3205

m: 0438531169

daniel@peritumproperty.com.au
The Proprietor
Loller Street
Brighton VIC 3186

Clive & Miriram

Thank you for the opportunity to appraise the property at 38 Loller Street, Brighton.

Careful consideration has been taken to provide you with an appraisal for your property in today’s market
conditions.

To establish a market value, I have carefully considered the premises, size, location, along with current market
conditions and similar properties recently sold or currently on the market.

Should you have any questions relating to the information contained within this appraisal, please do not
hesitate to contact me on the details below.

If I can be of any further assistance, please do not hesitate to contact me on the details below. I look forward
to working with you to achieve your real estate goals.

Yours Sincerely,

Daniel Centofanti
Peritum Property
14 Northumberland Street

SOUTH MELBOURNE VIC 3205

m: 0438531169

© Copyright 2023 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Target Property

38 LOLLER STREET BRIGHTON VIC 3186

3 2 4 367m2 -

Your Property History

14 May, 2018 - Listed for rent at $1,100 / week

22 Jan, 2016 - Listed for rent at $1,100 / week

6 Jun, 2009 - Listed for rent at $495 / week

18 Nov, 2006 - Listed for rent at $520 / week

18 Nov, 2005 - Listed for rent at $450 / week

17 Sep, 2005 - Sold for $635,000

Introducing Daniel Centofanti

© Copyright 2023 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Comparables Map: Sales

* This data point was edited by the author of this CMA and has not been verified by CoreLogic
© Copyright 2023 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Comparable Sales
1 43 MALE STREET BRIGHTON VIC 3186    
Sold Price $2,300,000
3 2 4 521m2 182m2
Year Built 1975 DOM 39
Sold Date 01-Dec-22 Distance 0.3km
First Listing $2,600,000 - $2,700,000

Last Listing Contact Agent

2 8 WHYTE STREET BRIGHTON VIC 3186    

Sold Price $2,100,000
3 2 2 458m2 162m2
Year Built 1973 DOM 24
Sold Date 03-Dec-22 Distance 1.02km
First Listing Auction Saturday 3rd December at 1.30pm

Last Listing Not Disclosed

DOM = Days on market RS = Recent sale UN = Undisclosed Sale * This data point was edited by the author of this CMA and has not
been verified by CoreLogic

© Copyright 2023 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Brighton
Demographic

Suburb Insights

23.2 k
Population

15.2 years
Average length of
ownership

The size of Brighton is approximately 8.4 square kilometres. It has 16 parks covering nearly 7.2% of total area.
The population of Brighton in 2011 was 21,257 people. By 2016 the population was 23,248 showing a
population growth of 9.4% in the area during that time. The predominant age group in Brighton is 50-59
years. Households in Brighton are primarily couples with children and are likely to be repaying over $4000
per month on mortgage repayments. In general, people in Brighton work in a professional occupation. In 2011,
73.4% of the homes in Brighton were owner-occupied compared with 72.1% in 2016. Currently the median
sales price of houses in the area is $3,382,500.

HOUSEHOLD STRUCTURE HOUSEHOLD OCCUPANCY HOUSEHOLD INCOME AGE

TYPE % TYPE % TYPE % TYPE %

Childless Couples 38.3 Owns Outright 43.7 0-15.6K 3.9 0-9 10.6

Couples with Children 48.6 Purchaser 28.4 15.6-33.8K 8.2 10-19 13.2

Single Parents 11.9 Renting 24.9 33.8-52K 7.2 20-29 9.2

Other 1.2 Other 0.9 52-78K 9.4 30-39 9.6

Not Stated 2.2 78-130K 16.9 40-49 14.5

130-182K 8.6 50-59 15.1

182K+ 33.8 60-69 12.4

70-79 8.6

80-89 4.9

90-99 1.7

© Copyright 2023 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Local Schools

SCHOOL ADDRESS DISTANCE SCHOOL TYPE GENDER SECTOR YEARS

Xavier College - Billilla Annex 0.17km Combined Mixed Non-Government 0-0

Campus
26 Halifax Street Brighton VIC
3186

Yesodei HaTorah College - 0.22km Combined Mixed Non-Government 0-0

Brighton Campus
26 Halifax Street Brighton VIC
3186

Brighton Primary School- 0.41km Primary Mixed Non-Government 0-0

Brighton Primary School Deaf
Facility

Brighton Primary School 0.46km Primary Mixed Government 0-6

Brighton Beach Primary 0.83km Primary Mixed Government 0-6

School
11-31 Windermere Crescent
Brighton VIC 3186

Property is within school catchment area Property is outside school catchment area

© Copyright 2023 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Recent Market Trends

PERIOD PROPERTIES SOLD MEDIAN PRICE GROWTH DAYS ON MARKET LISTINGS ASKING RENT

Dec 2022 18 $3,382,500 0.0% 30 69 $1,200

Nov 2022 23 $3,382,500 -2.3% 31 91 $1,137

Oct 2022 26 $3,463,000 -0.7% 30 98 $1,150

Sep 2022 20 $3,487,500 -0.4% 30 93 $1,095

Aug 2022 22 $3,500,000 -0.3% 30 87 $1,070

Jul 2022 10 $3,510,000 -0.4% 31 70 $1,095

Jun 2022 15 $3,525,000 0.6% 30 62 $1,200

May 2022 25 $3,505,000 0.1% 32 82 $1,150

Apr 2022 21 $3,502,500 0.1% 32 81 $1,100

Mar 2022 28 $3,500,000 -0.1% 33 80 $1,100

Feb 2022 23 $3,505,000 -0.4% 35 77 $1,092

Jan 2022 10 $3,517,500 0.4% 36 58 $1,090

Sales by Price - 12 months (House)

PRICE NUMBER

<$200K 2

200K-400K 0

$400K-$600K 1

$600K-$800K 2

$800K-$1M 1

$1M-$2M 27

>$2M 197

© Copyright 2023 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Long Term Market Trends

PERIOD PROPERTIES SOLD MEDIAN PRICE GROWTH DAYS ON MARKET LISTINGS ASKING RENT

2023 - - - - 303 $1,250

2022 241 $3,382,500 -3.5% 30 346 $1,092

2021 337 $3,505,000 12.4% 36 271 $1,200

2020 208 $3,117,500 19.9% 45 278 $950

2019 261 $2,600,000 1.0% 57 300 $1,050

2018 291 $2,575,000 -12.3% 45 298 $1,000

2017 263 $2,935,000 9.7% 36 279 $1,150

2016 330 $2,675,000 19.7% 43 342 $995

2015 370 $2,235,000 18.4% 48 373 $950

2014 350 $1,887,500 4.9% 37 388 $895

2013 324 $1,800,000 0.0% 45 389 $1,000

2012 250 $1,799,500 2.8% 49 358 $897

2011 245 $1,750,000 -2.8% 34 327 $825

2010 312 $1,800,000 6.8% 35 343 $850

2009 311 $1,685,000 7.9% 40 352 $795

2008 290 $1,561,000 -2.4% 34 355 $730

2007 390 $1,600,000 28.5% 44 321 $670

2006 363 $1,245,000 13.2% 36 344 $600

2005 347 $1,100,000 -0.5% 46 295 -

2004 284 $1,105,250 22.8% 36 272 $600

© Copyright 2023 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Summary

38 LOLLER STREET BRIGHTON VIC 3186

Appraisal price range

Notes from your agent

© Copyright 2023 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Disclaimer

The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any
way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).
The State of Victoria does not warrant the accuracy or completeness of the Property Sales Data and any
person using or relying upon such information does so on the basis that the State of Victoria accepts no
responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

The Appraisal Amount contained in the report may have been manually provided by the Agent; or may be
based on an automated valuation model estimate provided by CoreLogic ('AVM Estimated Value'). AVM
Estimated Values are current at the date of the publication only. It is computer generated and is not a
professional appraisal of the subject property and should not be relied upon in lieu of appropriate
professional advice. The accuracy of the methodology used to develop the AVM Estimated Value, the
existence of the subject property, and the accuracy of the AVM Estimated Value and all rule sets provided
are estimates based on available data and are not guaranteed or warranted. CoreLogic excludes all liability
for any loss or damage arising in connection with the Appraisal Amount and/or AVM Estimated Value.

Product Data licensed by CoreLogic under a Creative Commons Attribution licence. For details regarding
licence, data source, copyright and disclaimers, see
www.corelogic.com.au/aboutus/thirdpartyrestrictions.html
All information relating to Schools provided by CoreLogic is as a courtesy only. CoreLogic does not make
any representations regarding the accuracy or completeness of the data. You should contact the School
directly to verify this information.

Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does
not warrant the accuracy or completeness of the data and information contained in this publication and to
the full extent not prohibited by law excludes all for any loss or damage arising in connection with the
data and information contained in this publication.

© Copyright 2023 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.