St Lucia
Apartment Report
Introduction Dear Valued St Lucia Owners, With the first quarter of the year completed we have seen many excellent results across all price ranges. Our sellers have experienced great results and in some cases, multiple offers from buyers which is a very positive sign. There is still a distinct lack of available stock on the market – we believe that this limited availability of selection will lead to some high and exciting prices in the weeks and months ahead. According to a recent Domain Report, bank lending conditions have tightened slightly as low interest rates continue to support robust housing markets. There is even a chance of future rate cuts due to concerns over the prospects for local and international economies, despite a sharp improvement in the national unemployment rate over February. If at any time you have a real estate questions, be it big or small, or if you would like an evaluation of your property, obligation free, be assured I am always at your service. Kind regards, Elliott Dean
Most recommended St Lucia Agent
Recent Apartment Sales Address
Sale Date
Summary
Sale Price
4/59 Bellevue Terrace
06/01/2016
2
1
1
$420,000
9/77 Warren Street
07/01/2016
2
1
1
$350,000
4/105 Sir Fred Schonell Drive
11/01/2016
2
2
1
$415,000
3/7 Bellevue Terrace
19/01/2016
2
2
2
$662,000
1/23 Bellevue Terrace
27/01/2016
3
2
2
$530,000
18/36 Jerdanefield Road
02/02/2016
2
1
1
$550,000
12/25 Sir Fred Schonell Drive
03/02/2016
1
1
1
$250,000
15/32 Sandford Street
15/02/2016
4
1
2
$1,600,000
8/74 Durham Street
18/02/2016
2
2
1
$540,000
11/100 Macquarie Street
19/02/2016
3
2
2
$1,400,000
5/127 Macquarie Street
23/02/2016
1
1
1
$346,000
14/119 Macquarie Street
25/02/2016
2
2
1
$603,000
4/52 Sisley Street
31/03/2016
2
1
1
$361,000
All data contained in this report has been sourced from Property Data Solutions.
Call Elliott Dean today on 0401 762 655 for all your Real Estate needs.
Sales Activity & Statistics Fast Figures 38 Apartments have been sold in St Lucia over the past 3 months. 64 St Lucia Apartments have been listed to sell in the past 90 days. The highest apartment sale price in St Lucia over the past 3 months was $1,600,000. The lowest apartment sale price in St Lucia over the past 3 months was $250,000. The median apartment sale price in St Lucia over the past 3 months was $417,500.
Sales Insights 11% of St Lucia apartments sold during the last 3 months sold for over $1,000,000. 29% of apartment sales in St Lucia sold for $500,000 or above. The total value of apartment sales in St Lucia during the past 3 months is $19,102,000. The average days on Market for a St Lucia apartment is 48. Sales results as per configuration: 4 Bedroom 3 Bedroom 2 Bedroom 1 bedroom
= = = =
4% 14% 68% 14% All data contained in this report has been sourced from Property Data Solutions.
St Lucia Apartment Specialist Elliott Dean 0401 762 655 or elliottdean@remax.com.au
Rental Insights There are currently 159 apartments for rent in St Lucia. During this quarter, and additional 337 bonds for rental properties in postcode 4067 were lodged. See below for median rental prices in St Lucia for this quarter.
Bedrooms
Median Rent
1 2 3
$355 $420 $600
Perfect weather for Golf!
St Lucia Golf Links is an 18-hole course located on the corner of Indooroopilly Road and Carawa Street, St Lucia. The course is one of Brisbane’s oldest, and has hosted several Queensland Open and PGA tournaments. You don’t have to be a pro to play here, and you can even hire your equipment from the pro shop (for a small fee) if required. Why not sign up to one of the many Golf clinics run by the PGA golf professionals, available for seniors, juniors and adults. For more information, or to book in a game, contact the pro shop on 3870 7084.
Mortgage Health Check?
Elliott Dean
Call Shin Luan to find the right
0401 762 655
mortgage structure and industry leading competitive rates for your new home. Book your complimentary consultation today.
elliottdean@remax.com.au www.profilerealestate.com.au
0488 987 881
Call Elliott Dean today on 0401 762 655 for all your Real Estate needs.