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 into the cooler months, most sellers are thinking of whether to come on the market now or wait until later in the year when spring is upon us. In the last quarter there has been a shortage of quality properties over the traditional summer period and anything that has come on the market and been well marketed, has SOLD in good time. Now, moving into winter, there will be even less stock available so what a great way for an owner to command the market to themselves! An abundance of surplus buyers from the summer months means getting a PREMIUM for your property. We are certainly seeing a remarkable buying uptake of homes when they are brought to market, for example, our recent sale of 49 Upland Road, St Lucia (506sqm post war 3Bedroom home) had 45 Buyer inspections, 11 registered bidders and achieved a result well above the owners expectation successfully selling for $1,200,000. The best advice we can give any seller right now? SELL TODAY and don’t wait until spring as you will be seeing an increase in homes coming to market which then gives buyers more choice. Dean Property Team has sold more than 45 properties in just over 6 months and look forward to a strong second half of the year – I am here to help you with your real estate needs. Kind regards,
Elliott Dean – Principal
Recent Sales Address
Sale Date
10/69 Oxford Terrace 6/32 Frederick Street 2/46 Cunningham Street 82/35 Morrow Street 1/39 Adsett Street 192/54 Adsett Street 6/70 Swann Road 8/29 Rokeby Terrace 4/57 Swann Road 2/157 Gailey Road 5/120 Indooroopilly Road 1/2 Waverley Road 2/23 Woodstock Avenue 5/63 Beatrice Terrace 1/24 Brasted Street
10/02/2017 14/02/2017 17/02/2017 25/02/2017 02/03/2017 06/03/2017 07/03/2017 14/03/2017 14/03/2017 24/03/2017 01/04/2017 06/04/2017 18/04/2017 29/04/2017 29/04/2017
Summary 1 1 2 1 2 2 Details Withheld 1 1 2 2 1 3 2 2 2 1 2 2 2 1 2 2 2 3 2 1 2 2 1 2 2 1 2 2 2 3 2 1 2 2 2 3
Sale Price $350,000 $345,000 $518,250 $395,000 $335,000 $650,000 $560,000 $357,000 $591,500 $760,000 $388,000 $395,000 $572,000 $750,000 $420,000
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 •
22 apartments have been sold in Taringa over the past 3 months.
•
78 apartments in Taringa are currently for sale.
•
The highest sale price for an apartment in Taringa over the past 3 months was $760,000.
•
The lowest sale price for an apartment in Taringa over the past 3 months was $335,000.
•
The median sale price for an apartment in Taringa over the past 3 months was $458,500.
Sales Insights 52% of apartments sold in Taringa during the past 3 months sold for over $500,000.
Elliott’s average ‘Days on market’ for apartments sold in Taringa is 11 days.
10% of apartments sold in Taringa during the past 3 months sold for over $700,000.
The average ‘Days on market’ for the suburb is 56 days.
The total value of apartments sales in Taringa during the past 3 months is $11,025,525.
Sales results as per configuration: 3 Bedrooms = 33% 2 Bedrooms = 67%
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 129 apartments for rent in Taringa.
An additional 629 bonds were lodged with the RTA for postcode 4068 during this quarter.
Median rental prices for Taringa apartments during this quarter are as below: Bedrooms 1 2 3 4
Median Rent $295.50 $389.00 $515.00 $607.50
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.
TARINGA
Elliott Dean
0401 762 655
(07) 3162 4994 6/41 Park Road, Milton QLD 4064 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au