Toowong Apartment Report Autumn 2014
Toowong Apartments with Elliott Dean Market Overview for the third quarter :: October - December 2013
Apartment Sales
with Elliott Dean
Street
Sale Date
Summary
Sale Price
107 Sherwood Road
02/10/2013
2
1
1
$355,000
14 Quinn Street
02/10/2013
2
2
2
$580,000
21 Patrick Lane
07/10/2013
1
1
1
$360,000
8 Land Street
08/10/2013
3
2
2
$565,500
49 Maryvale Street
17/10/2013
2
1
1
$395,00
32 Jephson Street
24/10/2013
2
1
2
$415,000
6 Soudan Street
25/10/2013
3
2
1
$470,000
3 Norwood Street
30/10/2013
1
1
1
$248,000
10 Cadell Street
04/11/2013
2
2
1
$370,000
44 Brisbane Street
06/11/2013
3
2
2
$518,000
89 Jephson Street
21//11/2013
3
2
2
$710,000
34 Ascog Terrace
21/11/2013
2
1
1
$375,000
49 Miskin Street
04/12/2013
3
3
2
$1,006,000
68 Benson Street
04/12/2013
1
2
-
$459,000
8 Booth Street
06/12/2013
2
2
-
$452,000
33 Bayliss Street
14/12/2013
2
1
1
$341,000
33 Bayliss Street
23/12/2013
2
1
1
$325,000
12 Patrick Lane
24/12/2013
3
2
1
$555,000
properties SOLD in our market during the last 3 months were between $300,000 -‐ $500,000.
$21,990,972
total value of sales in the 3 months.
26% of
properties SOLD in our market during the last 3 moths were above $500,000.
21% of
residents fully own their property.
All Data contained in this report is sourced from Property Data Solutions.
65% of
Fast Figures with Elliott Dean
How many apartments have been sold in the last three months?
47
How many apartments are for sale in Toowong today?
50
What is the highest apartment sales price over the last three months?
$1,520,000
What is the lowest apartment sales price over the last three months?
$165,000
What is the median apartment sales price over the last three months?
$455,500
What is the street(s) with the most sales in the past three months?
Norwood Street (6)
“Should you require any help or advice with your real estate needs, be assured I’m always at your service”.
Red Hot Brisbane Leads Property Pack
SOURCE: The Courier-Mail, Michelle Hele, 14/02/2014 BRISBANE property prices are tipped to outperform price growth in all other capital cities this year. While Brisbane values have been soft for some time, the city is tipped to be ahead of the pack in 2014, according to the latest National Australia Bank residential property survey. It predicts an increase in house values of 6.4 per cent this year, while the average capital city house price is tipped to rise by 6 per cent. NAB Capital City House Price Forecasts 2014 Brisbane – 6.4% Perth – 6.3% Sydney – 6% Melbourne – 4.6%
Adelaide – 2.1% Capital city average – 6% Source: NAB
NAB retail general manager Dion Crowe said the property industry had indicated the housing market would lift further, particularly the lower end and top end. “Owner occupiers continue to dominate the established housing market, driven by upgraders and we expect this trend to continue over the next two years,’’ he said. He said their predictions of price growth were driven by continued low interest rates, population growth and longstanding supply issues, plus foreign buying activity. By Michelle Hele (Courier-Mail). Full article www.couriermail.com “Inner city houses remain the most sought after in the established property
Elliott Dean
Toowong Apartment Specialist
0401 762 655 & (07) 3510 5245 elliottdean@remax.com.au www.elliottdean.com.au