INDOOROOPILLY
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 Indooroopilly 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 Indooroopilly Market Report, summarising Indooroopilly 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
2/34 Foxton Street 3/91 Central Avenue 19/82 Russell Terrace 6/117 Clarence Road 2/37 Nelson Parade 7/133 Central Avenue
02/08/2018 10/08/2018 10/08/2018 22/08/2018 10/09/2018 20/09/2018
Summary 3 1 3 2 3 2
2 1 2 1 2 1
Sale Price
2 1 2 2 1 2
$675,000 $257,000 $498,000 $325,000 $465,000 $370,000
Houses Address
Sale Date
55 Goldieslie Road 136 Jesmond Road 168 Harts Road 121 Russell Terrace 81 Jilba Street 56 Boundary Road 10 Glencairn Avenue
13/08/2018 14/08/2018 25/08/2018 01/09/2018 17/09/2018 21/09/2018 24/09/2018
Summary 5 3 5 3 4 3 4
3 1 3 1 1 1 3
Sale Price
2 2 2 2 3 2 2
$1,500,000 $660,000 $2,400,000 $671,500 $1,165,000 $580,000 $2,099,000
All data contained in this report has been sourced from Price Finder.
INDOOROOPILLY
Elliott Dean
0401 762 655
(07) 3162 4994 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au
Sales Activity Statistics Fast Figures • A total of 16 apartments and 14 houses have been sold in Indooroopilly over the past 3 months. • There are a total of 55 houses and 79 apartments currently for sale in Indooroopilly. • The highest sale price for an apartment in Indooroopilly over the past 3 months was $675,000. • The lowest sale price for an apartment in Indooroopilly over the past 3 months was $257,000. • The highest sale price for a house in Indooroopilly over the past 3 months was $2,400,000. • The lowest sale price for a house in Indooroopilly over the past 3 months was $580,000.
Sales Insights •
64% of properties sold in Indooroopilly during the past 3 months sold for over $500,000.
•
24% of properties sold in Indooroopilly during the past 3 months sold for over $1,000,000.
•
8% of properties sold in Indooroopilly during the past 3 months sold for over $2,000,000.
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The total value of property sales in Indooroopilly during the past 3 months is $24,340,000.
• Sales results as per configuration: 5+ Bedrooms = 10% 4 Bedrooms = 20% 3 Bedrooms = 47% 2 Bedrooms = 20% 1 Bedroom = 3%
All data contained in this report has been sourced from Price Finder.
INDOOROOPILLY
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 73 apartments and 23 houses for rent in Indooroopilly.
•
An additional 482 bonds were lodged with the RTA for postcode 4068 during this quarter.
•
Median rental prices for Indooroopilly properties during this quarter are as below:
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/
Bedrooms
Median Rent Apartment
Median Rent Houses
1 2 3 4
$295.00 $380.00 $530.00 N/A
$160.00 $400.00 $450.00 $695.00
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.
INDOOROOPILLY
Elliott Dean
0401 762 655
(07) 3162 4994 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au