Auchenflower Apartment Report Summer 2013
Auchenflower Apartments with Elliott Dean Market Overview for the third quarter :: July – September 2013
Apartment Sales
with Elliott Dean
Street
Sale Date
Summary
Sale Price
66 Dunmore Terrace
14/07/2013
2
2
1
$472,000
363 Coronation Drive
17/07/2013
3
2
2
$726,000
66 Dunmore Terrace
24/07/2013
2
2
1
$455,000
66 Dunmore Terrace
25/07/2013
2
2
1
$490,000
12 Fortitude Street
25/07/2013
3
2
2
$765,000
21 Fortitude Street
29/07/2013
2
1
1
$405,000
52 Cadell Street
31/07/2013
2
2
1
$410,000
53 Dunmore Terrace
31/07/2013
4
3
2
$975,000
424 Milton Road
06/08/2013
2
1
1
$355,000
364 Milton Road
10/08/2013
2
1
1
$365,000
8 Dunmore Terrace
17/08/2013
2
2
2
$580,000
9 Kingsford Street
17/08/2013
2
1
1
$371,000
24 Dunmore Terrace
18/08/2013
2
2
2
$605,000
5 Burt Street
18/08/2013
2
1
1
$355,000
424 Milton Road
20/08/2013
2
2
1
$455,000
30 Lang Parade
26/08/2013
2
1
1
$345,000
14 Annie Street
12/09/2013
2
1
1
$330,000
14 Annie Street
26/09/2013
2
1
1
$400,000
66% of
properties SOLD in our market during the last 3 months were between $330,000 -‐ $475,000.
$8,859,000
total value of sales in the 3 months.
72% of
properties SOLD in our market during the last 3 moths were below $500,000.
22% of
residents fully own their property.
All Data contained in this report is sourced from Property Data Solutions.
Fast Figures with Elliott Dean
How many apartments have been sold in the last three months?
18
How many apartments are for sale in Auchenfower today?
23
What is the highest apartment sales price over the last three months?
$975,000
What is the lowest apartment sales price over the last three months?
$330,000
What is the median apartment sales price over the last three months?
$432,500
What is the street(s) with the most sales in the past three months?
Dunmore Terrace (5)
“Should you require any help or advice with your real estate needs, be assured I’m always at your service”.
Queensland leads as market confidence returns PROPERTY INDUSTRY CONFIDENCE INDEX
“AN improving residential sector and a change in government has led to a jump in confidence in Queensland's property market, according to a new survey” “The Property Council of Australia-ANZ Banking Group forwardlooking confidence index for the December quarter gave Queensland and NSW an index reading of 142, indicating that conditions are expected to improve markedly. A neutral reading on the index is 100. The rise in Queensland's confidence index from 117 to 142 was more dramatic than in NSW where confidence in the market rose to 142 from 130”. SOURCE: The Australian, Sarah Danckert, 17/10/2013 In summary, I feel a real opportunity presents itself if you are considering a sale in the short-term. We have a surplus of buyers & a shortage of properties for sale, giving sellers an opportunity to transact for a great result. Should you have any further queries, just let me know.
Elliott Dean Auchenflower Apartment Specialist
0401 762 655 & (07) 3510 5245 elliottdean@remax.com.au www.elliottdean.com.au