Toowong Apartment Report August 2015

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Toowong

Apartment Report 3rd Quarter 2015

Toowong Market Insights with Property Specialist Elliott Dean


Welcome, To the 3rd Quarter 2015 edition of the Toowong 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 Toowong Specialist 0401 762 655

Apartment Sales Address

Sale Date Summary

44 Dovercourt Road 38 Maryvale Street 9 Elizabeth Street 62 Elizabeth Street 34 Sylvan Road 2509/9 Sylvan Road 25 Bayliss Street 18 Augustus Street 97 Sylvan Road 9/31 Glen Road 81 Maryvale Street 59 Jephson Street 18/31 Elizabeth Street 12 Little Maryvale Street 32 Patrick Lane

14/05/15 17/05/15 20/05/15 22/05/15 23/05/15 24/05/15 25/05/15 25/05/15 26/05/15 03/06/15 06/06/15 09/06/15 11/06/15 11/06/15 12/06/15

Sale Price

3 bed, 2 bath, 2 garage $580,000 1 bed, 1 bath, 1 garage $396,000 2 bed, 1 bath, 1 garage $409,000 2 bed, 2 bath, 1 garage $460,000 2 bed, 2 bath, 1 garage $425,000 1 bed, 1 bath, 1 garage $373,000 2 bed, 1 bath, 1 garage $512,000 2 bed, 2 bath, 1 garage $481,000 3 bed, 2 bath, 2 garage $741,500 2 bed, 2 bath, 2 garage $420,000 3 bed, 2 bath, 1 garage $565,000 2 bed, 2 bath 2 garage $452,500 3 bed, 2 bath, 2 garage $690,000 1 bed, 2 bath, 1 garage $240,000 3 bed, 2 bath, 2 garage $650,000

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


Fast Figures 24 apartments have been sold in Toowong over the last 3 months 79 apartments are for sale in Toowong today The highest apartment sales price over the last 3 months was $741,500 The lowest apartment sales price over the last 3 months was $105,000 The median apartment sales price over the last 3 months was $456,250

Sales Insights 37% of apartments sold during the last 3 months were between $500,000- $1,000,000 $10,987,988 total value of sales in the 3 months 21% of residents fully own their property 97 apartments have been sold in Toowong year to date


Rental Insights There are currently 105 apartments for rent in Toowong The RTA currently holds bonds for 244 rental properties in postcode 4066 See below for median rental prices for this quarter

Bedrooms

Median rent ($)

1

330

2

390

3

500

Elliott Dean

Toowong 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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