St Lucia Apartment Report Summer 2013
St Lucia Apartments with Elliott Dean Market Overview for the third quarter :: July – September 2013
Apartment Sales
with Elliott Dean
Street
Sale Date
Summary
Sale Price
164 Macquarie Street
04/07/2013
2
2
2
$590,000
66 Sir Fred Schonell Drive
12/07/2013
3
2
3
$790,000
29 Durham Street
14/07/2013
2
2
1
$400,000
77 Armadale Street
27/07/2013
3
2
2
$591,000
26 Warren Street
30/07/2013
2
1
1
$386,000
237 Sir Fred Schonell Drive
01/08/2013
2
2
1
$433,800
294 Swann Road
01/08/2013
3
3
3
$2,750,000
40 Sandford Street
03/08/2013
3
1
1
$580,000
62 Macquarie Street
12/08/2013
2
1
1
$361,000
21 Jerdanefield Road
12/08/2013
2
2
2
$495,000
70 Durham Street
12/08/2013
2
2
1
$577,000
36 Sandford Street
21/08/2013
4
2
2
$855,000
46 Highview Terrace
01/09/2013
3
2
2
$725,000
162 Carmody Road
02/09/2013
2
1
1
$375,000
11 Austral Street
05/09/2013
2
2
1
$495,000
194 Carmody Road
10/09/2013
3
2
2
$520,000
22 Armadale Street
21/09/2013
3
2
2
$540,000
2 Sandford Street
28/09/2013
3
2
2
$727,500
63% of
properties SOLD in our market during the last 3 months were between $300,000 -‐ $500,000.
$22,455,600
total value of sales in the 3 months.
11% of
properties SOLD in our market during the last 3 moths were above $850,000.
27% of
residents fully own their property.
All Data contained in this report is sourced from Property Data Solutions.
Fast Figures with Elliott Dean
How many apartments have been sold in the last three months?
44
How many apartments are for sale in St Lucia today?
54
What is the highest apartment sales price over the last three months?
$2,750,000
What is the lowest apartment sales price over the last three months?
$240,000
What is the median apartment sales price over the last three months?
$449,400
What is the street(s) with the most sales in the past three months?
Macquarie Street(7)
“Should you require any help or advice with your real estate needs, be assured I’m always at your service”.
Queensland leads as market confidence returns PROPERTY INDUSTRY CONFIDENCE INDEX
“AN improving residential sector and a change in government has led to a jump in confidence in Queensland's property market, according to a new survey” “The Property Council of Australia-ANZ Banking Group forwardlooking confidence index for the December quarter gave Queensland and NSW an index reading of 142, indicating that conditions are expected to improve markedly. A neutral reading on the index is 100. The rise in Queensland's confidence index from 117 to 142 was more dramatic than in NSW where confidence in the market rose to 142 from 130”. SOURCE: The Australian, Sarah Danckert, 17/10/2013 In summary, I feel a real opportunity presents itself if you are considering a sale in the short-term. We have a surplus of buyers & a shortage of properties for sale, giving sellers an opportunity to transact for a great result. Should you have any further queries, just let me know.
Elliott Dean St Lucia Apartment Specialist
0401 762 655 & (07) 3510 5245 elliottdean@remax.com.au www.elliottdean.com.au