Toowong Market Report

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TOOWONG

View from Regatta Hotel – c1912

Apartment Report

Elliott Dean

0401 762 655

(07) 3162 4994 6/41 Park Road, Milton QLD 4064 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au


Introduction

Sensational location in a well kept secure building, on the first floor and one of only 5 in the block. This apartment offers a care

Dear Valued Toowong Owners, With stable interest rates on offer, quality buyers are active and consequently, it really is the perfect time to sell. Currently there are many buyers in the marketplace at all price ranges and since the launch of Dean Property Team four months ago, we have sold more than 24 properties. The driving forces behind the great sales results in the marketplace and the strengthening of property prices are the under-supply of quality property and the news that Brisbane has seen an average growth rate of 4.4 per cent over the last year. 2017 brings with it the confirmation that it is undoubtedly a sellers market and ready sellers will often get the price results they desire. Should you have any real estate questions, or if you would like a complimentary evaluation of your property, obligation-free, be assured I am always at your service. Kind regards,

Elliott Dean – Principal

Recent Sales Address 4406/7 Land Street 3/54 Terrace Street 1/48 Miskin Street 22/38 Jephson Street 3/5 Norwood Street 2/115 Sherwood Road 7/80 Ascog Terrace 12/9 Land Street 63/2 Campbell Street 8/48 Glen Road 1/29 Ascog Terrace 2/33 Bayliss Street 8/16 Dovercourt Road 6/50 High Street 4/48 Maryvale Street

Sale Date

Summary

Sale Price

02/11/2016 04/11/2016 07/11/2016 11/11/2016 15/11/2016 17/11/2016 21/11/2016 07/12/2016 11/12/2016 16/12/2016 23/12/2016 03/01/2017 20/01/2017 23/01/2017 27/01/2017

2 2 2 2 1 3 1 1 2 1 1 1 2 2 2 2 2 2 2 2 3 2 1 2 Details Withheld 1 1 3 2 1 2 1 1 2 1 1 2 2 1 2 2 1 2

$450,000 $755,000 $310,000 $220,000 $425,000 $458,000 $480,000 $440,000 $395,000 $506,000 $468,000 $327,000 $412,500 $520,000 $387,000

All data contained in this report has been sourced from Price Finder.

TOOWONG

Elliott Dean

0401 762 655

(07) 3162 4994 6/41 Park Road, Milton QLD 4064 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au


Sales Activity Statistics Fast Figures •

38 apartments have been sold in Toowong over the past 3 months.

132 apartments in Toowong are currently for sale.

The highest sale price for an apartment in Toowong over the past 3 months was $755,000.

The lowest sale price for an apartment in Toowong over the past 3 months was $220,000.

The median sale price for an apartment in Toowong over the past 3 months was $454,000.

Sales Insights 

36% of apartments sold in Toowong during the past 3 months sold for over $500,000.

8% of apartments sold in Toowong during the past 3 months sold for over $750,000.

The total value of apartments sales in Toowong during the past 3 months is $17,896,020.

 The average ‘Days on market’ for apartments sold in Toowong is 65 days.  Sales results as per configuration: 4 Bedrooms = 3% 3 Bedrooms = 22% 2 Bedrooms = 63% 1 Bedroom = 12%

All data contained in this report has been sourced from Price Finder.

TOOWONG

Elliott Dean

0401 762 655

(07) 3162 4994 6/41 Park Road, Milton QLD 4064 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au


Rental Insights 

There are currently 223 apartments for rent in Toowong.

An additional 382 bonds were lodged with the RTA for postcode 4066 during this quarter.

Median rental prices for Toowong apartments during this quarter are as below: Bedrooms 1 2 3

Median Rent $380 $420 $565

All data contained in this report has been sourced from Price Finder.

Giving Back At Dean Property Team, we believe in the importance of giving back and supporting good causes. That is why we support local charities that are making amazing differences in people’s lives. When you sell your home with Dean Property Team, we donate $150 from our commission to one of three charities. All you need to do is choose which charity we donate to.

TOOWONG

Elliott Dean

0401 762 655

(07) 3162 4994 6/41 Park Road, Milton QLD 4064 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au


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