Taringa Market Report

TARINGA

Apartment Report

Elliott Dean

0401 762 655

(07) 3162 4994 6/41 Park Road, Milton QLD 4064 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 Taringa Owners, As we move forward into the Spring season, there appears to be a definite lack of good quality stock, which is leading to many buyers waiting to buy. Multiple offers are presented to our sellers each week, and it all comes down to presentation, price and the right marketing approach. In fact, it’s when we get those multiple offers on properties that our exceptional negotiation skills ensure that our buyers are paying the very best price possible.

The new year approaching presents an opportune time for sellers to come to the market, as we find that buyer interest and activity usually spikes towards the end/start of each year.

Should you have any real estate questions, or if you would like an evaluation of your property, obligation-free, be assured I am always at your service.

Kind regards,

Elliott Dean – Principal

Recent Sales Address

Sale Date

6/9 Brasted Street 6/58 Swann Road 8/29 Rokeby Terrace 12/2 Brasted Street 4/1 Goldsbrough Road 13/27 Swann Road 4/72 Waverley Road 6/59 Alpha Street 2/22 Stanley Terrace 2/37 Broomfield Street 6/16 Kings Road 12/53 Princess Street 4/37 Broomfield Street 6/39 Waverley Road 6/60 Swann Road

05/07/16 05/07/16 11/07/16 14/07/16 14/07/16 01/08/16 05/08/16 13/08/16 16/08/16 23/08/16 29/08/16 02/09/16 06/09/16 26/09/16 28/09/16

Summary 2 1 2 2 1 2 Details Withheld 3 2 3 2 2 3 Details Withheld 2 1 3 1 1 2 2 1 3 Details Withheld 2 1 3 2 1 3 1 1 1 2 2 2 2 2 2

Sale Price $350,000 $543,000 $405,000 $395,000 $1,100,000 $555,000 $405,000 $515,000 $276,500 $484,000 $650,000 $505,000 $482,000 $262,000 $497,500

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

TARINGA

Elliott Dean

0401 762 655

(07) 3162 4994 6/41 Park Road, Milton QLD 4064 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au

Sales & Activity Statistics Fast Figures •

25 apartments have been sold in Taringa over the past 3 months.

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102 apartments in Taringa are currently for sale.

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The highest sale price for an apartment in Taringa over the past 3 months was $1,100,000.

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The lowest sale price for an apartment in Taringa over the past 3 months was $262,000.

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The median sale price for an apartment in Taringa over the past 3 months was $405,000.

Sales Insights 

30% of apartments sold in Taringa during the past 3 months sold for over $500,000.

 The average ‘Days on market’ for apartments sold in Taringa is 71 days.



5% of apartments sold in Taringa during the past 3 months sold for over $750,000.

 Sales results as per configuration:



The total value of apartments sales in Taringa during the past 3 months is $11,708,500.

3 Bedrooms = 33% 2 Bedrooms = 61% 1 Bedroom = 6%

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

TARINGA

Elliott Dean

0401 762 655

(07) 3162 4994 6/41 Park Road, Milton QLD 4064 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au

Rental Insights 

There are currently 76 apartments for rent in Taringa.

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An additional 432 bonds were lodged with the RTA for postcode 4068 during this quarter.

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Median rental prices for Taringa apartments during this quarter are as below: Bedrooms 1 2 3

Median Rent $307 $395 $497

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

Exciting Announcement For more than 7 years I have had the pleasure of keeping Taringa owners updated on the marketplace, and during this time, I have experienced first-hand the great results achieved by sellers who select my proven strategies. That is why I have opened Dean Property Team, where integrity, trust & achieving exceptional results are the foundation of sales success.

The original ‘Dean Team’ began in 1951 when my grandfather, John Simpson Dean, opened his first real estate agency in Townsville. I’m excited to have my father, Robert Dean, alongside me with over 24 years in the industry. With decades of combined real estate experience, and selling on average more than $40 million worth of real estate per year, Dean Property Team truly is the solution to your property goals.

TARINGA

Elliott Dean

0401 762 655

(07) 3162 4994 6/41 Park Road, Milton QLD 4064 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au