Taringa Apartment Report Summer 2013
Taringa Apartments with Elliott Dean Market Overview for the third quarter :: July – September 2013
Apartment Sales
with Elliott Dean
Street
Sale Date
Summary
Sale Price
61 Indooroopilly Road
01/07/2013
3
3
2
$586,000
1 Sundridge Street
04/07/2013
2
2
2
$403,000
98 Whitmore Street
05/07/2013
2
2
1
$427,000
37 Frederick Street
18/07/2013
3
2
1
$700,000
83 Swann Road
26/07/2013
2
1
1
$350,000
58 Alpha Street
31/07/2013
3
2
1
$500,000
31 Marmion Parade
31/07/2013
2
1
2
$321,000
73 Waverley Road
06/08/2013
2
2
1
$370,000
17 Alexandra Avenue
07/08/2013
2
2
1
$449,000
23 Montrose Road
12/08/2013
2
1
1
$315,000
39 Ada Street
20/08/2013
2
2
1
$370,000
53 Alpha Street
22/08/2013
2
1
1
$325,000
5 Todd Street
26/08/2013
2
2
1
$397,500
42 Waverley Road
29/08/2013
2
2
1
$430,000
46 Cunningham Street
30/08/2013
3
2
2
$510,000
79 Oxford Terrace
05/09/2013
2
1
1
$330,000
123 Indooroopilly
12/09/2013
3
2
2
$540,000
66 Oxford Terrace
30/09/2013
2
1
1
$369,000
80% of
properties SOLD in our market during the last 3 months were between $300,000 -‐ $500,000.
$10,583,430
total value of sales in the 3 months.
25% of
properties SOLD in our market during the last 3 moths were above $500,000.
24% of
residents fully own their property.
All Data contained in this report is sourced from Property Data Solutions.
Fast Figures with Elliott Dean
How many apartments have been sold in the last three months?
18
How many apartments are for sale in Taringa today?
49
What is the highest apartment sales price over the last three months?
$700,000
What is the lowest apartment sales price over the last three months?
$209,000
What is the median apartment sales price over the last three months?
$370,000
What is the street(s) with the most sales in the past three months?
Whitmore Street (3)
“Should you require any help or advice with your real estate needs, be assured I’m always at your service”.
Queensland leads as market confidence returns PROPERTY INDUSTRY CONFIDENCE INDEX
“AN improving residential sector and a change in government has led to a jump in confidence in Queensland's property market, according to a new survey” “The Property Council of Australia-ANZ Banking Group forwardlooking confidence index for the December quarter gave Queensland and NSW an index reading of 142, indicating that conditions are expected to improve markedly. A neutral reading on the index is 100. The rise in Queensland's confidence index from 117 to 142 was more dramatic than in NSW where confidence in the market rose to 142 from 130”. SOURCE: The Australian, Sarah Danckert, 17/10/2013 In summary, I feel a real opportunity presents itself if you are considering a sale in the short-term. We have a surplus of buyers & a shortage of properties for sale, giving sellers an opportunity to transact for a great result. Should you have any further queries, just let me know.
Elliott Dean Taringa Apartment Specialist
0401 762 655 & (07) 3510 5245 elliottdean@remax.com.au www.elliottdean.com.au