Auchenflower Market Report Full Summary

Page 1

AUCHENFLOWER

Apartment Report


Introduction Dear Valued Auchenflower Owners, The second quarter of the year has been upbeat with great confidence shown by buyers in a market where the low levels of stock to choose from has created great results for our owners. The low interest rate environment is having a significant impact as it allows more buyers into the marketplace. With rates at record lows, it’s almost cheaper to buy than rent a home or apartment. If you are thinking of selling, this is the time to sell to get your premium price. As Spring approaches more stock will come on the market and the dynamics of buyers and sellers may change. If at any time you have any real estate questions, or if you would like an evaluation of your property, obligation-free, be assured I am always at your service.

Kind regards, Elliott Dean

Recent Apartment Sales Address

Sale Date

Summary

Sale Price

7/11 Grimes Street

02/04/16

2

1

1

$355,000

79/5 Chasely Street

02/04/16

2

2

1

$430,000

6/380 Milton Road

07/04/16

2

1

2

$342,500

4/17 Kingsford Street

07/04/16

2

1

1

$359,000

17/53 Dunmore Terrace

08/04/16

2

2

1

$495,000

3/3 Rossmere Lane

08/04/16

3

2

1

$620,000

12/53 Dunmore Terrace

10/04/16

2

2

1

$544,000

3/23 Lima Street

19/04/16

1

1

1

$325,000

3/43 Dunmore Terrace

28/04/16

2

1

2

$360,000

9/435 Coronation Drive

19/06/16

2

2

1

$300,000

7/11 Grimes Street

02/04/16

2

1

1

$355,000

79/5 Chasely Street

02/04/16

2

2

1

$430,000

6/380 Milton Road

07/04/16

2

1

2

$342,500

All data contained in this report has been sourced from Property Data Solutions.

Call Elliott Dean today on 0401 762 655 for all your Real Estate needs.


Sales Activity & Statistics Fast Figures 17 Apartments have been sold in Auchenflower over the past 3 months. 30 Auchenflower Apartments are currently for sale in Auchenflower.

Call Elliott Dean today on 0401 762 655 for The lowest apartment sale price in Auchenflower over the past 3 months was $300,000. all your Real Estate needs.

The highest apartment sale price in Auchenflower over the past 3 months was $620,000.

The median apartment sale price in Auchenflower over the past 3 months was $395,000.

Sales Insights 20% of Auchenflower apartments sold during the last 3 months were sold between $500,000 - $1,000,000. 50% of apartment sales in Auchenflower sold for $400,000 or above.

Call Elliott Dean today on 0401 762 655 total value of apartment toThe find the solution to your property goals. sales in Auchenflower during the past 3 months is $4,235,500. The average ‘Days on Market’ for an Auchenflower apartment is 41. Sales results as per configuration: 3 Bedroom = 2 Bedroom = 1 bedroom =

24% 70% 6%

All data contained in this report has been sourced from Property Data Solutions.

Auchenflower Apartment Specialist Elliott Dean 0401 762 655 or elliottdean@remax.com.au


Rental Insights There are currently 44 apartments for rent in Auchenflower. During this quarter and additional 282 bonds for rental properties in postcode 4066 were lodged.

Toowong Apartment Specialist

Median rental prices in Auchenflower for this quarter as below.

Elliott Dean 0401 762 655 or elliottdean@remax.com.au

Bedrooms

Median Rent

1

$320

2

$395

3

$500

All data contained in this report has been sourced from Property Data Solutions.

What’s On Near Auchenflower What better way to welcome Spring then to attend the Annual Spring Orchid Show at Brisbane’s Botanical Gardens, Mt Coottha. The Show spans over 2 days – 27th & 28th August 2016, and for the low cost of $4 per adult (free entry for children under 14 years) you can view the amazing displays and many types of orchid species and hybrids, including Australian native orchids, modern hybrids and exotic species. There will also be an Arts & Crafts stall with homemade jams and cakes, and floral arrangements featuring Orchids. Light refreshments will be served throughout the day including Devonshire teas. The event is suitable for all ages and is wheel chair friendly. For more information, please contact the friendly staff of the society on 3204 6324. Show open times are as follows: Saturday 27th August: 8:30 – 4:00pm Sunday 28th August: 8:30 – 3:30pm

Elliott Dean 0401 762 655

Each office independently owned and operated

Australian Native Orchid Dendrobium

Platinum Award Winner 2016 Hall of Fame Induction 2016

Mortgage Health check?

Elliott Dean

Call Shin Luan to find the right mortgage structure and industry leading competitive rates for your new home.

0401 762 655 elliottdean@remax.com.au www.profilerealestate.com.au

Book your complimentary consultation today.

0488 987 881

Call Elliott Dean today on 0401 762 655 for all your Real Estate needs.


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