Toowong
Apartment Report 1st Quarter 2015
Toowong market insights with Property Specialist Elliott Dean
Welcome, to the Toowong Property Report. This is your insight into the market activity of your suburb. The last three months have seen strength in all price ranges and a genuine increase in buyer confidence due to the lower interest rates on offer. I trust you will find this information valuable. Sincerely, Elliott Dean Property Specialist 0401 762 655
Apartment sales Street
Sale Date Summary
Sale Price
2605/9 Sylvan Road
06/01/15
2 bed, 2 bath, 2 garage
$580,000
18 Holmes Street
09/01/15
2 bed, 1 bath, 1 garage
$330,800
2/36 Holland Street
15/01/15
2 bed, 2 bath, 1 garage
$495,000
3 Valentine Street
22/01/15
2 bed, 1 bath, 2 garage
$330,000
15/31 Glen Road
24/01/15
2 bed, 2 bath, 1 garage
$399,000
7 Jephson Street
30/01/15
2 bed, 1 bath, 1 garage
$338,770
77 Sherwood Road
05/02/15
2 bed, 1 bath, 1 garage
$371,000
59 Jephson Street
09/02/15
3 bed, 2 bath, 3 garage
$529,000
77 Maryvale Street
10/02/15
2 bed, 1 bath, 1 garage
$425,000
14 Little Maryvale Street
14/02/15
1 bed, 1 bath, 1 garage
$256,000
54 Terrace Street
14/02/15
3 bed, 2 bath, 1 garage
$715,000
15 Augustus Street
18/02/15
2 bed, 2 bath, 1 garage
$465,000
21 Patrick Lane
03/03/15
2 bed, 2 bath, 1 garage
$499,950
1/27 Cadell Street
04/03/15
2 bed, 2 bath, 1 garage
$445,000
All data contained in this report has been sourced from APM Price Finder Data.
Fast figures
225 Toowong apartments were sold during 2014
71 apartments are for sale in Toowong today
The highest apartment sales price over the last 3 months was $715,000
The lowest apartment sales price over the last 3 months was $256,000
The median apartment sales price over the last 3 months was $396,000
Insights
5% of properties sold during the last 3 months were between $600,000$1,000,000.
$8,648, 470 total value of sales in the 3 months
0% of properties sold in our market during the last 3 months were above $1,000,000
21% of residents fully own their property
33 Toowong apartments were sold in the 3 months
Riverside Rooftop Featured Sale Quay Street, Brisbane City
Sold in 3 weeks from auction 76 buyer inspections 5,312 internet inspections 23 VIP viewings Sold for the full asking price of $689,000
17 year history of Toowong apartment sales Year
No. of Sales
Median
Growth
Low
High
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
257 196 241 395 567 436 294 231 231 264 212 220 146 143 163 239 220
$161,500 $167,500 $185,000 $206,000 $260,000 $275,000 $290,000 $285,000 $320,000 $375,500 $410,000 $417,500 $431,250 $419,000 $430,000 $490,000 $441,000
-6.1% 3.7% 10.4% 11.4% 26.2% 5.8% 5.5% -1.7% 12.3% 17.3% 9.2% 1.8% 3.3% -2.8% 2.6% 14.0% -10.0%
$29,700 $11,000 $65,000 $25,000 $19,000 $70,000 $70,692 $72,000 $25,000 $85,000 $99,000 $89,000 $98,500 $35,000 $5,000 $100,000 $10,000
$675,000 $515,000 $850,000 $1,127,500 $2,482,608 $1,150,000 $1,500,000 $2,850,000 $3,200,000 $4,300,000 $3,500,000 $1,831,500 $1,430,000 $2,300,000 $2,475,000 $2,400,000 $3,800,000
About Elliott Dean Awarded #1 Sales Agent Under 30 RE/MAX Australia RE/MAX Platinum Award winner 2015 Listed in RE/MAX’s top 100 Real Estate Agent’s in the world 2014 Following in the footsteps of a grandfather and father in the real estate industry who have instilled over 60 years of experience and knowledge “The decision to sell your property takes time and careful consideration. If you are thinking of selling, I would love work with you to get the price you want. For a free property evaluation please contact me on 0401 762 655 or email elliottdean@remax.com.au”
Elliott Dean
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.” Photo: Michael Daveron, Managing Director, RE/MAX Australia presents #1 Sales Agent Under 30 award to Elliott Dean