TARINGA
Property Report
Elliott Dean
0401 762 655
(07) 3162 4994 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, Moving into the Christmas holiday season, if you are an active seller or buyer, get ready to hit the ground running to take advantage of a buzzing property market before the next election. The election month in 2019 will most likely lead to a lagged property market as big decisions take more time. Now is the time to act. Heading into November and December there is a distinct lack of quality stock compared to previous years. All stock is going fast and at record prices (just recently, in one month I sold three properties at record prices)! I hope you enjoy the enclosed Taringa Market Report, summarising Taringa property market results and activity from 1 August – 31 October 2018. I am the Principal of Dean Property Team and I am passionate about helping owners achieve their property goals. As your local real estate agent, I look forward to continuing to keep you well informed of your marketplace. Be assured, if you have any real estate questions I am always at your service. If you are interested in finding out more about the value of your home, please contact me via 0401 762 655 for a noobligation, complimentary appraisal. Also, if you are interested in finding out what your neighbours have to say about their experience, please visit www.ratemyagent.com.au. Yours sincerely,
Elliott Dean, Principal of Dean Property Team
Recent Sales Units & Townhouses Address 6/12 Woodstock Avenue 1/14 Princess Street 3/120 Whitmore Street 191/56 Adsett Street 50/35 Morrow Street
Sale Date 01/08/2018 29/08/2018 09/09/2018 15/09/2018 27/09/2018
3 2 2 2 3
Summary 1 2 2 1 1 1 2 2 2 2 1
Sale Price $467,000 $586,000 Price Withheld $672,500 $455,000
3 3 4 4 2
Summary 1 1 1 1 4 2 2 3 1 1
Sale Price $660,000 $895,000 $1,725,000 $1,705,000 $750,000
Houses Address 8 Union Street 151 Moggill Road 30 Ruskin Street 56 Lucinda Street 75 Woolley Street
Sale Date 04/08/2018 20/08/2018 27/08/2018 01/09/2018 14/09/2018
All data contained in this report has been sourced from Price Finder.
TARINGA
Elliott Dean
0401 762 655
(07) 3162 4994 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au
Sales Activity Statistics Fast Figures •
A total of 12 apartments and 17 houses have been sold in Taringa over the past 3 months.
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There is a total of 73 apartments and 21 houses currently for sale in Taringa.
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The highest sale price for an apartment in Taringa over the past 3 months was $586,000.
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The lowest sale price for an apartment in Taringa over the past 3 months was $349,000.
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The highest sale price for a house in Taringa over the past 3 months was $1,725,000.
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The lowest sale price for a house in Taringa over the past 3 months was $660,000.
Sales Insights •
77% of properties sold in Taringa during the past 3 months sold for over $500,000.
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41% of properties sold in Taringa during the past 3 months sold for over $750,000.
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18% of properties sold in Taringa during the past 3 months sold for over $1,000,000.
• Sales results as per configuration: 4+ Bedrooms = 28% 3 Bedrooms = 32% 2 Bedrooms = 36% 1 Bedroom = 4%
The total value of property sales in Taringa during the past 3 months is $20,330,862.
All data contained in this report has been sourced from Price Finder.
TARINGA
Elliott Dean
0401 762 655
(07) 3162 4994 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au
Are you ready for storm season?
Rental Insights •
There are currently 74 apartments and 30 houses for rent in Taringa.
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An additional 369 bonds were lodged with the RTA for postcode 4068 during this quarter.
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Median rental prices for Taringa during this quarter are as below: Bedrooms 1 2 3 4
Median Rent Apartments $350.00 $390.00 $477.50 N/A
When it comes to extreme weather events in Queensland, it’s not a matter of ‘if’ but ‘when’. As Australia’s most vulnerable state when it comes to natural disasters, it’s incredibly important that we all take steps to prepare. The Queensland government is helping us all get ready for ‘Storm Season’ and you can get all the information at https://getready.qld.gov.au/
Median Rent Houses $175.00 $350.00 $450.00 $625.00
Giving Back At Dean Property Team, we support charities that are making amazing differences. When you sell your home with us, we donate $150 from our commission to one of three charities. All you need to do is choose which charity we donate to.
All data contained in this report has been sourced from Price Finder.
So far this year, and with your help, Dean Property Team have donated over $4,050 to chosen charities.
TARINGA
Elliott Dean
0401 762 655
(07) 3162 4994 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au