Toowong Apartment Report February 2016

Page 1

Toowong

Apartment Report


Welcome to 2016! Dear Valued Toowong Owners, 2016 is shaping up to be another great year in real estate. There are certainly plenty of genuine buyers around at the moment, and towards the end of last year we were getting multiple offers on all of our properties which is a great sign. There is still a distinct lack of available stock in the market - we think that this limited availability of selection will lead to some really great prices in the coming weeks ahead. Interest rates are still very steady and this gives buyers and sellers great piece of mind in terms of their confidence & buying position. If at any time you have a real estate question, be it big or small, or if you would like an evaluation of your property, obligation-free, be assured I am always at your service.

Kind regards,

Elliott Dean

Recent Apartment Sales Address

Sale Date

Summary

15/40 Jephson Street

01/10/2015

1

1

0

$156,000

4/32 Maryvale Street

04/10/2015

3

2

1

$567,000

4/23 Pioneer Street

05/10/2015

3

2

2

$500,000

47/7 Landsborough Terrace

10/10/2015

1

1

1

$340,000

13/31 Augustus Street

10/10/2015

2

2

2

$480,000

8/22 Norwood Street

13/10/2015

1

1

1

$300,500

5/20 Holland Street

21/10/2015

2

2

1

$460,000

9/44 Benson Street

23/10/2015

2

2

1

$445,000

26/36 Lissner Street

26/10/2015

1

1

1

$325,000

6/45 Terrace Street

29/10/2015

2

1

1

$385,000

3/70 Sylvan Road

01/11/2015

2

1

1

$317,000

56/68 Benson Street

06/11/2015

Unknown Details

$660,000

6/7 Landsborough Terrace

18/11/2015

2

$380,000

1

1

Sale Price

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

Call Elliott Dean today on 0401 762 655 for all your Real Estate needs.


Sales Activity & Statistics Fast Figures 22 Apartments have been sold in Toowong over the past 3 months. 53 Toowong Apartments have been listed to sell in the past 90 days. The highest apartment sale price in Toowong over the past 3 months was $660,000. The lowest apartment sale price in Toowong over the past 3 months was $156,000. The median apartment sale price over the past 3 months was $452,500.

Sales Insights 77% of Toowong apartments sold during the last 3 months were sold between $300,000 $500,000. The total value of property sales in Toowong during the past 3 months is $9,613,500. 187 apartments were sold in Toowong during 2015. 26% of Toowong apartments sold in 2015 sold between $500,000 $900,000. 971 Apartments have been sold in Toowong over the past 5 years. All data contained in this report has been sourced from Property Data Solutions.

Toowong Apartment Specialist Elliott Dean 0401 762 655 or elliottdean@remax.com.au


Rental Insights There are currently 181 apartments for rent in Toowong. During this quarter and additional 285 bonds for rental properties in postcode 4066 were lodged. See below for median rental prices in Toowong for this quarter.

Bedrooms

Median Rent

1 2 3

$335 $400 $550

What’s On In Toowong? The Sir Thomas Brisbane Planetarium has great shows for all ages, from 6th February – April 2016, such as Dark Universe, Moons: Worlds of Mystery and their new show Starlight, all coming to life. All you need to do is lie back and let the good people at the Planetarium take you on a journey around the cosmos. For session details and prices, call 07 3403 2578 or visit http://bne.cc/1kB7AA8.

Refinancing or Investing?

Elliott Dean

Call Shin Luan to find the right

0401 762 655

mortgage structure and industry leading competitive rates for your new home. Book your complimentary consultation today.

elliottdean@remax.com.au www.profilerealestate.com.au

0488 987 881

Call Elliott Dean today on 0401 762 655 for all your Real Estate needs.


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