St Lucia Market Report August 2017

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ST LUCIA

House 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, Spring is almost upon us and well priced properties are selling fast, due to the low amount of stock available on the market. There has been a rapid influx of interstate and international buyers investing in Queensland property as they see value where locals may not. If you are thinking of selling, do so now to take advantage of the low number of properties on the market and the interstate and international interest in our Queensland real estate. In doing so, you will be certainly guaranteed a premium price for your property. Many of you may also be aware that banks are tightening up their lending criteria. If you are looking at buying or even investing in the next few months, it might be time to assess your current lending portfolio. Our highly experienced finance broker, Shin Luan can get you the best deal and put a structure in place that works for you in the next 12 months, two years or even five years. You may also have the opportunity to capitalise on refinancing with a lender who still allows a 90% Loan Valuation Ratio for investors. As banks continue to tighten their loan services, having a dedicated finance broker on your side can make all the difference. I hope you will enjoy reading through the insights provided in this Market Report. If you are looking to sell, Dean Property Team has launched a Video Series featuring useful tips to consider during the selling process - to find out more about these insights visit our @deanpropertyteam Facebook page! Yours sincerely,

Elliott Dean – Principal

Recent Sales Address

Sale Date

80 Central Avenue 46 Warren Street 139 Ninth Avenue 24 Camira Street 269 Hawken Drive 17 Armadale Street 24 Orchard Terrace 36 Orchard Terrace 96 Central Avenue

06/05/17 06/05/17 08/05/17 13/05/17 11/05/17 01/06/17 20/06/17 26/06/17 14/07/17

Summary 3 3 5 3 4 3 4 3 5

1 1 3 1 1 3 2 2 5

0 1 2 1 1 2 2 2 2

Sale Price $2,050,000 $1,210,000 $1,300,000 $912,000 $1,180,000 $730,000 $1,210,000 $1,250,000 $2,225,000

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 •

9 houses have been sold in St Lucia over the past 3 months.

17 houses in St Lucia are currently for sale.

The highest sale price for a house in St Lucia over the past 3 months was $2,225,000.

The lowest sale price for a house in St Lucia over the past 3 months was $730,000.

The median sale price for a house in St Lucia over the past 3 months was $1,210,000.

Sales 78%Insights of houses sold in St Lucia during the past 3 months sold for over $1,000,000.

22% of houses sold in St Lucia during the past 3 months sold for over $2,000,000.

The total value of house sales in St Lucia during the past 3 months is $12,067,000.

 The average ‘Days on market’ for houses sold in St Lucia is 86 days.  Sales results as per configuration: 3 Bedrooms = 56% 4 Bedrooms = 22% 5 Bedroom = 22%

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


Rental Insights 

There are currently 26 houses for rent in St Lucia

An additional 28 bonds were lodged with the RTA for postcode 4067 during this quarter.

Median rental prices for St Lucia houses during this quarter are as below: Bedrooms 3 4

Median Rent $560 $592.50

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

Giving Back At Dean Property Team, we believe in the importance of giving back and supporting good causes. That is why we support local charities that are making amazing differences in people’s lives. When you sell your home with Dean Property Team, 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 $3,000 to your chosen charities! ST LUCIA

Elliott Dean

0401 762 655

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


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