Taringa Apartment Report August 2015

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Taringa

Apartment Report 3rd Quarter 2015

Taringa Market Insights with Property Specialist Elliott Dean


Welcome, To the 3rd Quarter 2015 edition of the Taringa Property Report. This report is your insight into the market activity of your suburb. Standout features of the last 3 months are exceptional sales activity and a genuine increase in buyer confidence. With these trends continuing into the future, I trust you will find this information valuable. Warm regards,

Elliott Dean Taringa Specialist 0401 762 655

Apartment Sales Address

Sale Date Summary

Sale Price

51 Broomfield Street 18 Morrow Street 19 Whitmore Street 6/32 Beatrice Street 11 Woodstock Avenue 32 Frederick Street 77 Waverley Road 21/29 Alpha Street 3/130 Stanley Terrace 99 Oxford Terrace 15 Whitmore Street 3/69 Oxford Terrace 24 Brasted Street 25 Westerham Street

13/05/15 18/05/15 19/05/15 30/05/15 30/05/15 31/05/15 03/06/15 05/06/15 08/06/15 16/06/15 22/06/15 22/06/15 24/06/15 03/07/15

$950,000 $420,000 $390,000 $346,000 $498,000 $451,500 $437,500 $570,000 $342,000 $375,000 $355,000 $376,000 $425,000 $305,000

1 bed, 1 bath, 1 garage 2 bed, 2 bath, 2 garage 2 bed. 2 bath, 1 garage 2 bed, 1 bath, 0 garage 2 bed, 2 bath, 1 garage 2 bed, 2 bath, 1 garage 2 bed, 2 bath, 1 garage 2 bed, 2 bath, 1 garage 2 bed, 1 bath, 1 garage 2 bed, 1 bath, 1 garage 2 bed, 1 bath, 1 garage 2 bed, 1 bath, 1 garage 2 bed, 2 bath, 1 garage 3 bed, 1 bath, 1 garage

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


Fast Figures 15 apartments have been sold in the last 3 months. 65 apartments are for sale in Taringa today. The highest apartment sales price over the last 3 months was $950,000 The lowest apartment sales price over the last 3 months was $305,000 The median apartment sales price over the last 3 months was $420,000

Sales Insights 22% of apartments sold during the last 3 months were between $500,000- $1,000,000. $10,603,490 total value of sales in the 3 months 26% of apartments sold in Taringa during the last 3 months were above $500,000 24% of residents fully own their property


Rental Insight There are currently 75 apartments for rent in Taringa. The RTA currently holds bonds for 285 rental properties in postcode 4068. See below for the median rental prices for this quarter.

Bedrooms

Median rent ($)

1

310

2

380

3

530

Elliott Dean

Taringa Property Specialist

0401 762 655 07 3510 5245

elliottdean@remax.com.au www.elliottdean.com.au “Should you require any help with your real estate needs, be assured I am always at your service.�


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