Milton Market Report October 2017

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,

As we move forward into the Spring season, there appears to be a definite lack of quality properties, which is leading to many buyers waiting to buy. Multiple offers are being presented to our sellers each week, and great results continue to be achieved. With the new year approaching, it presents an opportune time for sellers to come to the market, as we find that buyer interest and activity spikes towards the end and start of each year. I would love the opportunity to meet with you in person and discuss your property plans and goals in greater detail. I am a driver of creative and innovative marketing campaigns and I am 100% committed to achieving you the very best sale price for your home. Should you have any other real estate queries, be assured I am always at your service.

Yours sincerely,

Elliott Dean – Principal

Recent Sales Address 1101/18 Manning Street 2011/18 Manning Street 30/20 Park Road 4 Lucy Street 1/45 Black Street 5/45 McDougall Street 54/27 Manning Street 2-3/19 Railway Terrace 15 Wight Street 10 Patrick Street

Sale Date

Summary

Sale Price

04/08/2017 06/08/2017 07/08/2017 19/08/2017 24/08/2017 08/09/2017 13/09/2017 14/09/2017 13/10/2017 17/10/2017

2 2 3 3 2 3 Details Withheld 2 1 3 Details Withheld 2 2 2 2 1 2 2 2 3 3 2 5 1 1 2

Details Withheld $635,500 $1,210,000 $682,000 $300,000 $495,000 $530,000 $865,500 Details Withheld $757,000

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 15 apartments and 3 houses have been sold in Milton over the past 3 months.  There are a total of 7 houses and 53 units currently for sale in Milton.  The highest sale price for an apartment in Milton over the past 3 months was $1,210,000.  The lowest sale price for an apartment in Milton over the past 3 months was $300,000.  The highest sale price for a house in Milton over the past 3 months was $757,000.  The lowest sale price for a house in Milton over the past 3 months was $682,000.

Sales Insights 53% of properties sold in Milton during the past 3 months sold for over $500,000.

 

 The average ‘Days on market’ for properties sold in Milton is 51 days.

20% of properties sold in Milton during the  Sales results as per configuration: past 3 months sold for over $700,000. 4+ Bedrooms = 9% 3 Bedrooms = 55% 2 Bedroom = 36% The total value of property sales in Milton during the past 3 months is $11,484,000.

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


Rental Insights 

There are currently 41 apartments and 3 houses for rent in Milton.

An additional 301 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

Median Rent (Apartment)

Median Rent (Houses)

1 2 3 4

$392.50 $412.50 $595.00 N/A

N/A $435.00 $520.00 $750.00

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

Food Drive

Giving Back

The Salvation Army help underprivileged families year round, and each Christmas they have their annual Food Drive. This year, Dean Property Team are collecting non-perishable food items that will be donated to the Salvation Army Food Drive, and we need your help. If you have any items in your pantry that you would like to give to this wonderful cause, please speak with your Dean Property Team real estate agent. Together we can make a difference in people’s lives.

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.

So Far this year, and with your help, Dean Property Team have donated over $4,350 to chosen charities.

MILTON

Elliott Dean

0401 762 655

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


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