Milton Property Report November 2018

Page 1

MILTON

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 Milton 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 Milton Market Report, summarising Milton 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

2/16 McDougall Street 8/31 Black Street 17/21 Manning Street 7/45 McDougall Street 15/205 Coronation Drive

04/07/2018 18/07/2018 27/07/2018 17/09/2018 27/09/2018

Summary

Sale Price

Details Withheld Details Withheld 2 2 2 2 2 1 2 2 2

$1,750,000 $654,500 $510,000 $505,000 $542,500

Houses Address

Sale Date

17 Blaxland Street

31/08/2018

Summary 3

1

3

Sale Price Details Withheld

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

MILTON

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 1 house have been sold in Milton over the past 3 months. • There are a total of 52 apartments and 3 houses currently for sale in Milton.

• The highest sale price for an apartment in Milton over the past 3 months was $1,750,000. • The lowest sale price for an apartment in Milton over the past 3 months was $505,000.

Sales 40% Insights of properties sold in Milton during the past 3 months sold for over $600,000.

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

• The total value of property sales in Milton during the past 3 months is $3,962,000. • Sales results as per configuration: 3 Bedrooms = 25% 2 Bedroom = 75%

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

MILTON

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 43 apartments and 7 houses for rent in Milton.

An additional 249 bonds were lodged with the RTA for postcode 4064 during this quarter.

Median rental prices for Milton properties during this quarter are as below: Bedrooms 1 2 3 4

Median Rent Apartment $375.00 $470.00 $622.50 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 $210.00 $420.00 $567.50 $800.00

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.

With your help, Dean Property Team donated over $4,050 to these chosen charities so far in 2018.

MILTON

Elliott Dean

0401 762 655

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


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