St Lucia Houses Market Report February 2016

Page 1

St Lucia

House Report


Welcome to 2016! Dear Valued St Lucia Owners, 2016 is shaping up to be another great year in real estate. There are certainly plenty of genuine buyers around at the moment, and towards the end of last year we were getting multiple offers on all of our properties which is a great sign. There is still a distinct lack of available stock in the market - we think that this limited availability of selection will lead to some really great prices in the coming weeks ahead. Interest rates are still very steady and this gives buyers and sellers great piece of mind in terms of their confidence & buying position. If at any time you have a real estate question, 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

Recent Sales Address

Sale Date

Summary

Sale Price

130 Dell Road

05/09/2015

3

1

2

$776,000

23 Camira Street

11/09/2015

4

3

2

$930,000

354 Swann Road

17/09/2015

4

3

2

$1,200,000

67 Eighth Avenue

25/09/2015

4

1

2

$967,000

156 Seventh Avenue

25/09/2015

4

2

2

$1,550,000

105 Hillside Terrace

26/09/2015

5

3

2

$1,295,000

25 Eleventh Avenue

30/09/2015

4

2

2

$970,000

95 Munro Street

01/10/2015

5

3

1

$1,010,000

11 Mavis Street

16/10/2015

4

1

1

$815,000

61 Hillside Terrace

20/10/2015

Details Withheld

$1,262,000

152 Highland Terrace

22/10/2015

4

2

3

$1,150,000

390 Swann Road

11/12/2015

4

2

3

$515,000

All data contained in this report has been sourced from Property Data Solutions.

Call Elliott Dean today on 0401 762 655 Fast Figures for all your Real Estate needs.


Sales Activity & Statistics 12 Houses have been sold in St Lucia over the past 3 months. 20 St Lucia houses have been listed to sell in the past 90 days. The highest sale price for a house in St Lucia over the past 3 months was $1,262,000. The lowest sale price for a house in St Lucia over the past 3 months was $515,000. The median sale price for a house in St Lucia over the past 3 months was $1,010,000.

Sales Insights 60% of St Lucia houses sold during the last 3 months were sold for over $1,000,000. The total value of house sales in St Lucia during the past 3 months is $4,752,000. 57 houses were sold in St Lucia during 2015. 63% of houses sold in St Lucia in 2015, sold for over $1,000,000. 290 Houses have been sold in St Lucia over the past 5 years. All data contained in this report has been sourced from Property Data Solutions.

St Lucia Specialist Elliott Dean 0401 762 655 or elliottdean@remax.com.au


Rental Insights There are currently 42 houses for rent in St Lucia. During this quarter, and additional 19 bonds for rental properties in postcode 4067 were lodged. See below for median rental prices in this postcode for this quarter.

Bedrooms

Median Rent

1 2 3 4

N/A $380 $500 $680

A slice of St Lucia history

Loading hay at St Lucia - 1936

John Carmody and Robert Cribb were the first to establish farms in what is now the suburb of St Lucia. In the early 1850s John Carmody ‘squatted’ on land in the river pocket, and Robert Cribb set up Lang Farm on the south bank of Toowong Creek. By 1859 all of the land in St Lucia had been sold, and most established with sugar plantations. In 1882, William Alexander Wilson purchased one of these plantations which reminded him so much of his West Indies birthplace, that he renamed the plantation St Lucia Sugar Plantation. The land was subdivided in 1883 and the name transferred to the subdivision.

Refinancing or Investing?

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.


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