Toowong Apartment Report Summer 2013
Toowong Apartments with Elliott Dean Market Overview for the third quarter :: July – September 2013
Apartment Sales
with Elliott Dean
Street
Sale Date
Summary
Sale Price
33 Ascog Terrace
04/07/2013
2
1
1
$527,500
24 Croydon Street
06/07/2013
2
1
1
$275,000
531 Coronation Drive
06/07/2013
2
2
1
$525,000
10 Cadell Street
09/07/2013
2
2
1
$372,500
131 Sylvan Road
10/07/2013
2
1
1
$290,000
60 Sherwood Road
12/07/2013
2
2
2
$430,000
109 Sherwood Road
14/07/2013
2
1
1
$365,000
3 Delungra Street
18/07/2013
2
2
1
$343,500
39 Maryvale Street
07/08/2013
2
1
1
$392,500
531 Coronation Drive
08/08/2013
2
2
1
$550,000
20 Land Street
09/08/2013
3
2
2
$590,000
51 Maryvale Street
16/08/2013
2
1
1
$370,000
18 Augustus Street
26/08/2013
2
2
1
$448,000
93 Jepson Street
04/09/2013
3
2
2
$602,000
36 Glen Road
17/09/2013
3
2
2
$715,000
22 Holland Street
17/09/2013
2
1
2
$381,000
39 Maryvale Street
21/09/2013
2
1
1
$392,500
8 Booth Street
21/09/2013
2
2
1
$481,000
66% of
properties SOLD in our market during the last 3 months were between $330,000 -‐ $475,000.
$22,885,900 total value of sales in the 3 months.
22% of
properties SOLD in our market during the last 3 moths were below $500,000.
21% of
residents fully own their property.
All Data contained in this report is sourced from Property Data Solutions.
Fast Figures with Elliott Dean
How many apartments have been sold in the last three months?
53
How many apartments are for sale in Toowong today?
45
What is the highest apartment sales price over the last three months?
$1,990,000
What is the lowest apartment sales price over the last three months?
$202,400
What is the median apartment sales price over the last three months?
$392,500
What is the street(s) with the most sales in the past three months?
Sherwood Road (4)
“Should you require any help or advice with your real estate needs, be assured I’m always at your service”.
Queensland leads as market confidence returns PROPERTY INDUSTRY CONFIDENCE INDEX
“AN improving residential sector and a change in government has led to a jump in confidence in Queensland's property market, according to a new survey” “The Property Council of Australia-ANZ Banking Group forwardlooking confidence index for the December quarter gave Queensland and NSW an index reading of 142, indicating that conditions are expected to improve markedly. A neutral reading on the index is 100. The rise in Queensland's confidence index from 117 to 142 was more dramatic than in NSW where confidence in the market rose to 142 from 130”. SOURCE: The Australian, Sarah Danckert, 17/10/2013 In summary, I feel a real opportunity presents itself if you are considering a sale in the short-term. We have a surplus of buyers & a shortage of properties for sale, giving sellers an opportunity to transact for a great result. Should you have any further queries, just let me know.
Elliott Dean Toowong Apartment Specialist
0401 762 655 & (07) 3510 5245 elliottdean@remax.com.au www.elliottdean.com.au