Auchenflower Property Report November 2018

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AUCHENFLOWER

Property Report

Elliott Dean

0401 762 655

(07) 3162 4994 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au


Introduction

Sensational location in a well kept secure building, on the first floor and one of only 5 in the block. This apartment offers a care

Dear Valued Auchenflower Owners, Moving into the Christmas holiday season, if you are an active seller or buyer, get ready to hit the ground running to take advantage of a buzzing property market before the next election. The election month in 2019 will most likely lead to a lagged property market as big decisions take more time. Now is the time to act. Heading into November and December there is a distinct lack of quality stock compared to previous years. All stock is going fast and at record prices (just recently, in one month I sold three properties at record prices)! I hope you enjoy the enclosed Auchenflower Market Report, summarising Auchenflower property market results and activity from 1 August – 31 October 2018. I am the Principal of Dean Property Team and I am passionate about helping owners achieve their property goals. As your local real estate agent, I look forward to continuing to keep you well informed of your marketplace. Be assured, if you have any real estate questions I am always at your service. If you are interested in finding out more about the value of your home, please contact me via 0401 762 655 for a no-obligation, complimentary appraisal. Also, if you are interested in finding out what your neighbours have to say about their experience, please visit www.ratemyagent.com.au. Yours sincerely,

Elliott Dean, Principal of Dean Property Team

Recent Sales Units & Townhouses Address

Sale Date

76/9 Chasely Street 36/24 Dunmore Terrace 3/470 Milton Road 4/9 Kingsford Street 35/5 Chasely Street

01/09/2018 20/09/2018 21/09/2018 24/09/2018 25/09/2018

Summary 2 2 2 2 1

2 2 1 1 1

2 2 1 1 1

Sale Price $640,000 Price Withheld $312,500 $351,000 $290,000

Houses Address

Sale Date

15 Wienholt Street 58 Agnes Street 30 Siemon Street 24 Dart Street 17 Huxham Terrace 30 Torwood Street

03/08/2018 10/08/2018 17/08/2018 03/09/2018 22/09/2018 02/10/2018

Summary 4 4 4 4 3 2

2 3 2 2 2 1

1 2 3 2 3 2

Sale Price $1,070,000 $1,400,000 $1,200,000 Price Withheld $845,000 $645,000

All data contained in this report has been sourced from Price Finder.

AUCHENFLOWER

Elliott Dean

0401 762 655

(07) 3162 4994 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au


Sales Activity Statistics Fast Figures • A total of 5 apartments and 8 houses have been sold in Auchenflower over the past 3 months. • There is a total of 31 apartments and 17 houses currently for sale in Auchenflower. • The highest sale price for an apartment in Auchenflower over the past 3 months was $640,000.

• The lowest sale price for an apartment in Auchenflower over the past 3 months was $290,000. • The highest sale price for a house in Auchenflower over the past 3 months was $1,400,000. • The lowest sale price for a house in Auchenflower over the past 3 months was $645,000.

Sales Insights •

40% of apartments sold in Auchenflower during the past 3 months sold for over $500,000.

68% of houses sold in Auchenflower during the past 3 months sold for over $1,000,000.

• Sales results as per configuration: 4+ Bedrooms = 38% 3 Bedrooms = 16% 2 Bedrooms = 38% 1 Bedroom = 8%

The total value of property sales in Auchenflower during the past 3 months is $9,965,500.

All data contained in this report has been sourced from Price Finder.

AUCHENFLOWER

Elliott Dean

0401 762 655

(07) 3162 4994 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au


Are you ready for Storm Season?

Rental Insights • There are currently 44 apartments and 13 houses for rent in Auchenflower. • An additional 497 bonds were lodged with the RTA for postcode 4066 during this quarter. • Median rental prices for Auchenflower properties during this quarter are as below:

Bedrooms 1 2 3 4

Median Rent (Apartment) $380.00 $445.00 $510.00 N/A

When it comes to extreme weather events in Queensland, it’s not a matter of ‘if’ but ‘when’. As Australia’s most vulnerable state when it comes to natural disasters, it’s incredibly important that we all take steps to prepare. The Queensland government is helping us all get ready for ‘Storm Season’ and you can get all the information at https://getready.qld.gov.au/

Median Rent (Houses) N/A $395.00 $500.00 $685.00

Giving Back At Dean Property Team, we support charities that are making amazing differences. When you sell your home with us, we donate $150 from our commission to one of three charities. All you need to do is choose which charity we donate to.

All data contained in this report has been sourced from Price Finder.

So far this year, and with your help, Dean Property Team have donated over $4,050 to chosen charities.

AUCHENFLOWER

Elliott Dean

0401 762 655

(07) 3162 4994 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au


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