TOOWONG
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 Toowong 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 17/9 Land Street 3/31 Glen Road 3/91 Sherwood Road 8/19 Augustus Street 906/68 High Street 16/523 Coronation Drive 4/48 Miskin Street 2/62 High Street 3/11 Ivy Street 1/48 Jephson Street 1/4 Augustus Street 5/39 Cadell Street 8/40 Maryvale Street 51/20 Campbell Street 75/2 Campbell Street
Sale Date
Summary
Sale Price
01/07/16 06/07/16 09/07/16 14/07/16 19/07/16 22/07/16 04/08/16 09/08/16 16/08/16 22/08/16 25/08/16 06/09/16 09/06/16 15/09/16 29/09/16
2 2 2 2 1 2 1 2 2 1 2 2 Details Withheld 2 2 3 1 1 2 3 1 3 1 1 2 2 1 2 1 2 2
$440,000 $413,000 $390,000 $380,000 $630,000 $862,500 $335,000 $570,000 $328,000 $675,000 $325,000 $402,500 $455,000 $518,000 $592,500
2 2 2 1
2 2 2 1
1 1 1 1
All data contained in this report has been sourced from Price Finder.
TOOWONG
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 •
52 apartments have been sold in Toowong over the past 3 months.
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110 apartments in Toowong are currently for sale.
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The highest sale price for an apartment in Toowong over the past 3 months was $862,500.
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The lowest sale price for an apartment in Toowong over the past 3 months was $325,000.
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The median sale price for an apartment in Toowong over the past 3 months was $431,250.
Sales Insights
29% of apartments sold in Toowong during the past 3 months sold for over $500,000.
13% of apartments sold in Toowong during the past 3 months sold for over $600,000.
The average ‘Days on market’ for apartments sold in Toowong is 71 days. Sales results as per configuration:
3 Bedrooms = 16% 2 Bedrooms = 77% 1 Bedroom = 7%
The total value of apartments sales in Toowong during the past 3 months is $23,976,000.
All data contained in this report has been sourced from Price Finder.
TOOWONG
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 122 apartments for rent in Toowong.
An additional 332 bonds were lodged with the RTA for postcode 4066 during this quarter.
Median rental prices for Toowong apartments during this quarter are as below: Bedrooms 1 2 3
Median Rent $355 $400 $530
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 Toowong 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.
TOOWONG
Elliott Dean
0401 762 655
(07) 3162 4994 6/41 Park Road, Milton QLD 4064 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au