Toowong
Apartment Report
Introduction Dear Valued Toowong Owners, With the first quarter of the year completed we have seen many excellent results across all price ranges. Our sellers have experienced great results and in some cases, multiple offers from buyers which is a very positive sign. There is still a distinct lack of available stock on the market – we believe that this limited availability of selection will lead to some high and exciting prices in the weeks and months ahead. According to a recent Domain Report, bank lending conditions have tightened slightly as low interest rates continue to support robust housing markets. There is even a chance of future rate cuts due to concerns over the prospects for local and international economies, despite a sharp improvement in the national unemployment rate over February. If at any time you have a real estate questions, 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
Sale Price
5/33 Bayliss street
15/01/2016
2
1
1
$381,500
14/40 Jephson Street
16/01/2016
1
1
1
$210,000
4/36 Saint Osyth Street
19/01/2016
2
1
1
$395,000
2/117 Miskin Street
03/02/2016
3
2
2
$625,000
30/44 Brisbane Street
06/02/2016
3
2
2
$670,000
2/111 Elizabeth Street
06/02/2016
3
2
2
$810,000
2/37 Cadell Street
09/02/2016
2
1
1
$380,200
2/106 Sherwood Road
16/02/2016
2
2
1
$495,000
19/21 Campbell Street
19/02/2016
3
2
1
$465,000
6/29 Archer Street
05/03/2016
2
1
1
$375,000
10/48 High Street
21/03/2016
2
2
1
$507,000
4/44 Maryvale Street
24/03/2016
2
1
2
$410,000
10/26 Archer Street
25/03/2016
2
1
1
$539,000
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 40 Apartments have been sold in Toowong over the past 3 months. 75 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 $810,000. The lowest apartment sale price in Toowong over the past 3 months was $210,000. The median apartment sale price over the past 3 months was $445,000.
Sales Insights 70% of Toowong apartments sold during the last 3 months were sold between $300,000 $600,000. 27% of apartment sales in Toowong sold for $500,000 or above. The total value of apartment sales in Toowong during the past 3 months is $17,202,200. The average days on Market for a Toowong apartment is 41.
Sales results as per configuration: 3 Bedroom = 2 Bedroom = 1 bedroom =
16% 66% 18% 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
The Perfect Autumn Picnic! Brisbane Botanical Gardens Mount Coot-tha are recognised as Queensland’s premier subtropical botanic gardens. Set on 52 hectares, the gardens are open to the public every day of the year between the hours of 8am – 5pm. Entry to the gardens is free, and you can take your own picnic lunch to enjoy on the banks of the lagoon, or dine at the pavilion style Botanical Café overlooking the beautiful lotus pond and tranquil surrounds. For more information, you can contact the Café between 8am – 5pm on 3371 6685.
Mortgage Health check?
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.