Auchenflower Apartment Report February 2016

Page 1

Auchenflower

Apartment Report


Welcome to 2016! Dear Valued Auchenflower Owners, 2016 is shaping up to be another great year in real estate. There are certainly plenty of genuine buyers around at the moment, and towards the end of last year we were getting multiple offers on all of our properties which is a great sign. There is still a distinct lack of available stock in the market - we think that this limited availability of selection will lead to some really great prices in the coming weeks ahead. Interest rates are still very steady and this gives buyers and sellers great piece of mind in terms of their confidence & buying position. If at any time you have a real estate question, be it big or small, 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

55/8 Dunmore Terrace

07/10/2015

3

7/33 Dixon Street

10/10/2015

Details Withheld

$428,000

2/451A Coronation Drive

16/10/2015

Details Withheld

$960,000

5/35 Chasely Street

16/10/2015

Details Withheld

$429,000

12/39 Bayliss Street

17/10/2015

3

$710,000

2/35 Chasely Street

21/10/2015

Details Withheld

$419,000

8/35 Chasely Street

22/10/2015

Details Withheld

$570,000

14/44 Dixon Street

27/10/2015

2

1

1

$420,000

8/9 Ridley Street

04/11/2015

2

1

1

$340,000

5/22 Aldridge Street

11/11/2015

2

2

2

$475,000

2

2

1

2

Sale Price $685,000

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 10 Apartments have been sold in Auchenflower over the past 3 months. 18 Auchenflower Apartments have been listed to sell in the past 90 days. The highest apartment sale price in Auchenflower over the past 3 months was $960,000. The lowest apartment sale price in Auchenflower over the past 3 months was $340,000. The median apartment sale price in Auchenflower over the past 3 months was $452,000.

Sales Insights 40% of Auchenflower apartments sold during the last 3 months were sold between $500,000 $1,000,000. The total value of apartment sales in Auchenflower during the past 3 months is $5,436,000. 107 apartments were sold in Auchenflower during 2015. 48% of Auchenflower apartments sold in 2015, sold for over $500,000. 182 apartments have been sold in Auchenflower over the past 5 years. 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 78 apartments for rent in Auchenflower. During this quarter, and additional 285 bonds for rental properties in postcode 4066 were lodged. See below for median rental prices in Auchenflower for this quarter.

Bedrooms

Median Rent

1 2 3

$335 $400 $550

A slice of Auchenflower history

Moorlands Residence - 1972

Moorlands, located on Coronation Drive Auchenflower, was listed on the QLD Heritage Register on 21st August 1992. The current residence was built by Arthur Smith in 1892 for the Mayne family after the death of Patrick Mayne in 1865. It is said that on 3 June 1892 the daughter of Patrick & Mary Mayne laid the foundation stone for the new residence, on top of a time-capsule which contains newspapers of the day. Moorlands remained the property of the Mayne family until 1940 when it was bequeathed to the University of Queensland.

Refinancing or Investing?

Elliott Dean

Call Shin Luan to find the right

0401 762 655

mortgage structure and industry leading competitive rates for your new home. Book your complimentary consultation today.

elliottdean@remax.com.au www.profilerealestate.com.au

0488 987 881

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


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