Toowong Property Report August 2018

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TOOWONG

Property Report

Elliott Dean

0401 762 655

(07) 3162 4994 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, Some might say that the winter months are traditionally a slower time of the year for property sales, however, in the last six weeks I have sold 12 properties! Winter is warming up as an abundance of buyers flock to Dean Property Team listed properties. To stay ahead of your competition coming in spring, selling in winter is guaranteed to win you an outstanding sales result. At this time of year, you will be able to obtain a premium price and quickly – just ask one of my recent sellers! Buyers have been lining up to buy properties on the market, my last sales ranging from prices of $350,000 to $1,150,000. Currently, there is not enough stock on the market to satisfy the buyers appetite – and a well-presented property will be snapped up quickly. Your property is in demand and I am confident that if you were to list today, I will sell your property within 21 days (and some of my properties have even sold in as little as 48 hours)! I am the Principal of Dean Property Team and I am passionate about helping owners achieve their property goals. As your local real estate agent, I look forward to continuing to keep you well informed of your marketplace. Be assured, if you have any real estate questions I am always at your service. If you are interested in finding out more about the value of your home, please contact me via 0401 762 655 for a no-obligation, complimentary appraisal. Also, if you are interested in finding out what my sellers have to say about their experience, please visit www.ratemyagent.com.au. Yours sincerely,

Elliott Dean, Principal of Dean Property Team

Recent Sales Units & Townhouses Address

Sale Date

Summary

Sale Price

5/29 Archer Street 3/35 Holland Street 102/48 Jephson Street 58/2 Campbell Street 6/40 Maryvale Street

03/05/2018 20/05/2018 23/05/2018 01/06/2018 11/07/2018

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

$983,280 $395,000 $1,706,618 $410,000 $420,000

Sale Date

Summary

Sale Price

2 2

Houses Address 23 Ada Street 56 Elizabeth Street 18 Soudan Street 26 Mount Street 42 Dovercourt Road

15/05/2018 19/05/2018 07/06/2018 09/06/2018 12/06/2018

3 4 3 3 3

1 2 1 1 1

3 2 1 1 3

$638,000 $1,425,000 $700,000 $1,333,000 $814,000

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

TOOWONG

Elliott Dean

0401 762 655

(07) 3162 4994 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au


Sales Activity Statistics Fast Figures  A total of 40 apartments and 7 houses have been sold in Toowong over the past 3 months.  There are a total of 98 apartments and 9 houses currently for sale in Toowong.  The highest sale price for an apartment in Toowong over the past 3 months was $1,706,618.  The lowest sale price for an apartment in Toowong over the past 3 months was $375,000.  The highest sale price for a house in Toowong over the past 3 months was $1,425,000.  The lowest sale price for a house in Toowong over the past 3 months was $638,000.

Sales Insights 

86% of properties sold in Toowong during the past 3 months sold for over $500,000.

37% of properties sold in Toowong during the past 3 months sold for over $750,000.

17% of properties sold in Toowong during the past 3 months sold for over $1,000,000.

 Sales results as per configuration: 4 Bedrooms = 3% 3 Bedrooms = 28% 2 Bedrooms = 66% 1 Bedroom = 3%

The total value of property sales in Toowong during the past 3 months is $37,262,456.

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

TOOWONG

Elliott Dean

0401 762 655

(07) 3162 4994 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au


Giving Back

Rental Insights 

There are currently 143 apartments and 16 houses for rent in Toowong.

An additional 394 bonds were lodged with the RTA for postcode 4066 during this quarter.

Median rental prices for Toowong during this quarter are as below: Bedrooms 1 2 3 4

Median Rent Apartments $335.00 $400.00 $577.50 N/A

Median Rent Houses N/A $430.00 $530.00 $625.00

At Dean Property Team, we support charities that are making amazing differences. When you sell your home with us, we donate $150 from our commission to one of three charities. All you need to do is choose which charity we donate to.

With your help, Dean Property Team donated over $3,300 to these chosen charities so far in 2018.

What’s On in Brisbane Spring is just around the corner, and the annual Brisbane Festival is almost upon us. Between 8th – 29th September, Brisbane will come alive with thrilling programs of theatre, music, dance, circus, opera and of course, Sunsuper Riverfire. Log onto brisbanefestival.com.au for a guide to all the action and events taking place across the city.

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

TOOWONG

Elliott Dean

0401 762 655

(07) 3162 4994 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au


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