St Lucia Apartment Property Report November 2018

Page 1

ST LUCIA

Apartment 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 St Lucia 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 St Lucia Apartment Market Report, summarising St Lucia 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 Address

Sale Date

14/8 Sandford Street 8/19 Durham Street 5/77 Depper Street 12/72 Sandford Street 5/110 Carmody Road 4/58 Highview Terrace 15/12 Bryce Street 3/60 Mitre Street 2/116 Sir Fred Schonell Drive 8/117 Macquarie Street

05/08/2018 13/08/2018 14/08/2018 14/08/2018 27/08/2018 20/09/2018 21/09/2018 24/09/2018 24/09/2018 10/10/2018

Summary 3 2 3 3 3 3 2 2 3 2

1 1 2 2 2 2 1 2 3 1

2 1 1 2 2 2 2 1 2 1

Sale Price $645,000 $285,000 $540,000 $785,500 $899,000 $835,000 $380,000 $425,000 $545,000 $332,000

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

ST LUCIA

Elliott Dean

0401 762 655

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


Sales Activity Statistics Fast Figures •

20 apartments have been sold in St Lucia over the past 3 months.

76 apartments in St Lucia are currently for sale.

The highest sale price for an apartment in St Lucia over the past 3 months was $899,000.

The lowest sale price for an apartment in St Lucia over the past 3 months was $285,000.

The median sale price for an apartment in St Lucia over the past 3 months was $380,000.

Sales Insights 57% of apartments sold in St Lucia during the past 3 months sold for over $500,000.

• •

28% of apartments sold in St Lucia during the past 3 months sold for over $700,000. 14% of apartments sold in St Lucia during the past 3 months sold for over $800,000.

The total value of apartments sales in St Lucia during the past 3 months is $7,982,700.

• Sales results as per configuration: 3 Bedrooms = 40% 2 Bedrooms = 50% 1 Bedroom = 10%

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

ST LUCIA

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 for rent in St Lucia.

An additional 199 bonds were lodged with the RTA for postcode 4067 during this quarter.

Median rental prices for St Lucia apartments during this quarter are as below: Bedrooms 1

Median Rent $344.50

2 3

$400.00 $550.00

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/

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.

ST LUCIA Elliott Dean 0401 762 655

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


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.