Auchenflower Apartment Report Autumn 2014
Auchenflower Apartments with Elliott Dean Market Overview for the third quarter :: October - December 2013
Apartment Sales
with Elliott Dean
Street
Sale Date
Summary
Sale Price
56 Dunmore Terrace
01/10/2013
2
2
2
$565,000
21 Fortitude Street
08/10/2013
2
1
1
$390,000
47 Bayliss Street
08/10/2013
3
2
2
$660,000
8 Dunmore Terrace
10/10/2013
3
2
3
$1,180,000
435 Coronation Drive
18/10/2013
1
1
1
$245,00
24 Lima Street
06/11/2013
2
1
1
$376,000
17 Ridley Street
08/11/2013
2
2
1
$515,000
435 Coronation Drive
14/11/2013
2
2
1
$355,000
66 Dunmore Terrace
19/11/2013
1
1
1
$460,000
40 Lang Parade
19/11/2013
2
1
1
$340,000
42 Dunmore Terrace
21/11/2013
3
1
1
$495,000
34 Park Avenue
24/11/2013
2
2
1
$517,000
20 McIlwraith Street
28/11/2013
2
1
1
$270,000
63 Dunmore Terrace
28/11/2013
3
2
1
$467,500
38 Park Avenue
29/11/2013
2
2
2
$480,000
23 Hobbs Street
12/12/2013
2
1
1
$331,000
38 Lang Parade
12/12/2013
3
2
1
$525,000
50 Dixon Street
27/12/2013
2
2
2
$415,000
properties SOLD in our market during the last 3 months were between $300,000 -‐ $500,000.
$10,216,500
total value of sales in the 3 months.
31% of
properties SOLD in our market during the last 3 moths were above $500,000.
22% of
residents fully own their property.
All Data contained in this report is sourced from Property Data Solutions.
54% of
Fast Figures with Elliott Dean
How many apartments have been sold in the last three months?
22
How many apartments are for sale in Auchenflower today?
17
What is the highest apartment sales price over the last three months?
$1,180,000
What is the lowest apartment sales price over the last three months?
$220,000
What is the median apartment sales price over the last three months?
$463,750
What is the street(s) with the most sales in the past three months?
Dunmore Terrace (7)
“Should you require any help or advice with your real estate needs, be assured I’m always at your service”.
Red Hot Brisbane Leads Property Pack
SOURCE: The Courier-Mail, Michelle Hele, 14/02/2014 BRISBANE property prices are tipped to outperform price growth in all other capital cities this year. While Brisbane values have been soft for some time, the city is tipped to be ahead of the pack in 2014, according to the latest National Australia Bank residential property survey. It predicts an increase in house values of 6.4 per cent this year, while the average capital city house price is tipped to rise by 6 per cent. NAB Capital City House Price Forecasts 2014 Brisbane – 6.4% Perth – 6.3% Sydney – 6% Melbourne – 4.6%
Adelaide – 2.1% Capital city average – 6% Source: NAB
NAB retail general manager Dion Crowe said the property industry had indicated the housing market would lift further, particularly the lower end and top end. “Owner occupiers continue to dominate the established housing market, driven by upgraders and we expect this trend to continue over the next two years,’’ he said. He said their predictions of price growth were driven by continued low interest rates, population growth and longstanding supply issues, plus foreign buying activity. By Michelle Hele (Courier-Mail). Full article www.couriermail.com “Inner city houses remain the most sought after in the established property
Elliott Dean
Auchenflower Apartment Specialist
0401 762 655 & (07) 3510 5245 elliottdean@remax.com.au www.elliottdean.com.au