Toowong Property Report February 2019

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TOOWONG MARKET REPORT summer 18-19 edition

a quarterly publication for the home owners of toowong

DEAN PROPERTY TEAM ELLIOTT DEAN P: 0401 762 655 E: elliott@deanpropertyteam.com.au W: www.deanpropertyteam.com.au


WELCOME YOU W ILL BE EXCI TED TO HEAR THAT T H E B RI SBANE P RO P ERTY MARKET IS T RULY STRO NGER THAN EV ER. WIT H M E LB O URNE AND SY DNEY SLOWING DO WN , BRI SBANE I S ENJOYING U N P R E C EDENTED BU Y ER I NT EREST I N T H E LAST 12 W EEK S, I HAVE SOLD 1 7 P ROP ERTI ES!

I am Elliott Dean of Dean Property Team and I thank you for the opportunity to keep you up-to-date on your local property market activity through this report. If you have any property questions please be assured I am here to help as your local, trusted property specialist.

As the election date looms and interstate property prices flop, our Brisbane property market is thriving. Buyers are fervently searching for property to invest, downsize, upsize and more than ever, they want to get into the Brisbane property market before Brisbane follows Melbourne and Sydney’s price extremities.

Kind regards, Elliott Dean

E.Dean P.S. I am currently offering FREE, no-obligation property evaluations in Toowong. Please call 0401 762 655 if you would like to find out the value of your home & what your neighbour’s homes have recently sold for.

Now is the time for sellers to act. Right now, I have 6,000+ qualified buyers in my database searching for a property like yours. Selling your property during this buyer frenzy will guarantee your best price result.

A G E N C Y S TAT I S T I C S

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21

893

19

$2,850

PROPERTIES SOLD

BUYERS MET IN THE PROCESS

5 STAR REVIEWS RECIEVED

DONATED TO CHARITY

TO O W O N G M A R K E T R E P O RT


S A L E S A C T I V I T Y S TAT I S T I C S This Market Report includes analysis of property market activity during Oct - Dec 2018. This recently released data has been sourced from PriceFinder.

I N T H E PA S T T H R E E M O N T H S . . . • THE HI GHEST SALE IN TOOWONG WAS $2, 150, 000 • THE LO W EST SALE IN TOOWONG WAS $140, 000 • THE M EDI AN SALE PRIC E (HOUSE & UNITS) IS $637, 500

38%

9%

10%

O F P RO P ERTI ES S O L D FO R OVER $ 5 00,000

OF PROPERTIES SOLD F OR OVER $1,000,000

GROWT H IN HOMES OVER THE LAST 2 YE A R S

$ A TOTA L OF 6 2 HO M ES H AV E B EEN SO LD I N TOO W O NG

A TOTAL OF 103 HOMES ARE CURRENTLY F OR SALE IN TOOWONG

T HE TOTAL VA L UE O F PROPERTY S O L D I N TOOWON G WA S

$38, 67 9,000

NEIGHBOURHOOD REVIEWS “Elliott had kept in contact with me over the 9 years I owned my apartment in Toowong. Naturally when it came to selling my property and selecting an agent, he was on my shortlist. After interviewing each agent, I decided to choose Elliott based on his honest, reliable and practical approach. Living abroad I was very worried about the sales process but Elliott kept in contact with me almost daily, informing me on every step in the sales process. The time difference was difficult but he was available at any time I needed to contact him (late Friday nights, weekends...whenever!). When it came to sale negotiations and settlement, Elliott helped me every step of the way offering sensible and much needed balanced advice in the sales negotiations. Elliott’s catch phrase is ‘I’m at your service’ and he really was - I can’t thank Elliott enough for helping me in every step of the sales process...he made a very stressful situation easy and straight forward.” - vendor s of 1/ 48 Mi s k i n Street DEAN PROPERTY TEAM

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RECENT SALES HOUSE

96 CAMP STREET 4 BED • 3 BATH • 3 CAR $2,150,000 • 23/10/2018

384 BIRDWOOD TERRACE 4 BED • 3 BATH • 2 CAR $1,810,000 • 16/11/2018

28 GLEN ROAD 3 BED • 2 BATH • 2 CAR $1,550,000 • 29/11/2018

33 ST OSYTH STREET 4 BED • 1 BATH • 3 CAR $1,120,500 • 22/10/2018

116 DUKE STREET 4 BED • 3 BATH • 2 CAR $1,210,000 • 13/10/2018

51 QUINN STREET 3 BED • 1 BATH • 1 CAR $890,500 • 13/10/2018

UNITS 2/14 LITTLE MARYVALE 4/37 GROVE STREET 12/11 ASCOG TERRACE 405/21 PATRICK LANE 16/48 GLEN ROAD 19/26 ARCHER STREET 101/32 PATRICK LANE 6/54 MISKIN STREET 19/16 PATRICK LANE

03/10/18 13/10/18 16/10/18 19/10/18 25/10/18 07/11/18 19/11/18 01/12/18 12/12/18

1 BED 1 BATH 1 CAR 3 BED 1 BATH 2 CAR 2 BED 1 BATH 1 CAR 1 BED 1 BATH 1 CAR 3 BED 1 BATH 1 CAR 2 BED 1 BATH 1 CAR 3 BED 2 BATH 2 CAR 3 BED 2 BATH 2 CAR 2 BED 2 BATH 2 CAR

D E A N P RO P E RT Y T E A M • E L L I OT T D E A N • 0 4 0 1 7 6 2 6 5 5

$241,000 $370,000 $383,000 $300,000 $470,000 $435,000 $610,000 $664,000 $460,000

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