Indooroopilly Property August 2018

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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, Some might say that the winter months are traditionally a slower time of the year for property sales, however, in the last six weeks I have sold 12 properties! Winter is warming up as an abundance of buyers flock to Dean Property Team listed properties. To stay ahead of your competition coming in spring, selling in winter is guaranteed to win you an outstanding sales result. At this time of year, you will be able to obtain a premium price and quickly – just ask one of my recent sellers! Buyers have been lining up to buy properties on the market, my last sales ranging from prices of $350,000 to $1,150,000. Currently, there is not enough stock on the market to satisfy the buyers appetite – and a well-presented property will be snapped up quickly. Your property is in demand and I am confident that if you were to list today, I will sell your property within 21 days (and some of my properties have even sold in as little as 48 hours)! 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 my sellers 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

1/8 Campus Street 6/19 Aaron Place 2/29 Clarence Road 6/12 Underhill Avenue 1/14 Payne Street 2/120 Central Avenue 17/47 Newcomen Street

02/05/2018 11/05/2018 14/05/2018 04/06/2018 13/06/2018 22/06/2018 27/06/2018

Summary 3 4 2 2 1 3 3

2 2 1 1 1 2 2

Sale Price

1 2 1 1 1 1 1

$580,000 $916,000 $400,000 $350,000 $220,000 $570,000 $509,500

Houses Address

Sale Date

222 Harts Road 152 Taringa Parade 15 Witton Road 1 Cadiz Street 43 Saunders Street 49 Finney Road

04/05/2018 15/05/2018 30/05/2018 01/06/2018 09/06/2018 25/06/2018

Summary 4 2 3 5 3 3

3 1 1 3 2 1

Sale Price

2 2 2 3 1 2

$1,580,000 $607,500 $570,000 $1,275,000 $720,000 $760,000

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 25 apartments and 26 houses have been sold in Indooroopilly over the past 3 months.  There are a total of 22 houses and 54 apartments currently for sale in Indooroopilly.  The highest sale price for an apartment in Indooroopilly over the past 3 months was $916,000.  The lowest sale price for an apartment in Indooroopilly over the past 3 months was $220,000.  The highest sale price for a house in Indooroopilly over the past 3 months was $1,580,000.  The lowest sale price for a house in Indooroopilly over the past 3 months was $570,000.

Sales Insights 

83% of properties sold in Indooroopilly during the past 3 months sold for over $500,000.

20% of properties sold in Indooroopilly during the past 3 months sold for over $1,000,000.

17% of properties sold in Indooroopilly during the past 3 months sold for over $1,250,000.

The total value of property sales in Indooroopilly during the past 3 months is $38,628,699.

 Sales results as per configuration: 5+ Bedrooms = 9% 4 Bedrooms = 24% 3 Bedrooms = 41% 2 Bedrooms = 24% 1 Bedroom = 2%

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


Giving Back

Rental Insights 

There are currently 68 apartments and 34 houses for rent in Indooroopilly.

An additional 369 bonds were lodged with the RTA for postcode 4068 during this quarter.

Median rental prices for Indooroopilly properties during this quarter are as below:

Bedrooms

Median Rent Apartment

Median Rent Houses

1 2 3 4

$350.00 $390.00 $477.50 N/A

$175.00 $350.00 $450.00 $625.00

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.

With your help, Dean Property Team donated over $3,300 to these chosen charities so far in 2018.

What’s On in Brisbane Spring is just around the corner, and the annual Brisbane Festival is almost upon us. Between 8th – 29th September, Brisbane will come alive with thrilling programs of theatre, music, dance, circus, opera and of course, Sunsuper Riverfire. Log onto brisbanefestival.com.au for a guide to all the action and events taking place across the city.

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


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