Auchenflower Apartment Report November 2013

Auchenflower Apartment Report Summer 2013

Auchenflower Apartments with Elliott Dean Market Overview for the third quarter :: July – September 2013

Apartment Sales

with Elliott Dean

Street

Sale Date

Summary

Sale Price

66 Dunmore Terrace

14/07/2013

2

2

1

$472,000

363 Coronation Drive

17/07/2013

3

2

2

$726,000

66 Dunmore Terrace

24/07/2013

2

2

1

$455,000

66 Dunmore Terrace

25/07/2013

2

2

1

$490,000

12 Fortitude Street

25/07/2013

3

2

2

$765,000

21 Fortitude Street

29/07/2013

2

1

1

$405,000

52 Cadell Street

31/07/2013

2

2

1

$410,000

53 Dunmore Terrace

31/07/2013

4

3

2

$975,000

424 Milton Road

06/08/2013

2

1

1

$355,000

364 Milton Road

10/08/2013

2

1

1

$365,000

8 Dunmore Terrace

17/08/2013

2

2

2

$580,000

9 Kingsford Street

17/08/2013

2

1

1

$371,000

24 Dunmore Terrace

18/08/2013

2

2

2

$605,000

5 Burt Street

18/08/2013

2

1

1

$355,000

424 Milton Road

20/08/2013

2

2

1

$455,000

30 Lang Parade

26/08/2013

2

1

1

$345,000

14 Annie Street

12/09/2013

2

1

1

$330,000

14 Annie Street

26/09/2013

2

1

1

$400,000

66% of

properties SOLD in our market during the last 3 months were between $330,000 -­‐ $475,000.

$8,859,000

total value of sales in the 3 months.

72% of

properties SOLD in our market during the last 3 moths were below $500,000.

22% of

residents fully own their property.

All Data contained in this report is sourced from Property Data Solutions.

Fast Figures with Elliott Dean

How many apartments have been sold in the last three months?

18

How many apartments are for sale in Auchenfower today?

23

What is the highest apartment sales price over the last three months?

$975,000

What is the lowest apartment sales price over the last three months?

$330,000

What is the median apartment sales price over the last three months?

$432,500

What is the street(s) with the most sales in the past three months?

Dunmore Terrace (5)

“Should you require any help or advice with your real estate needs, be assured I’m always at your service”.

Queensland leads as market confidence returns

PROPERTY INDUSTRY CONFIDENCE INDEX

“AN improving residential sector and a change in government has led to a jump in confidence in Queensland's property market, according to a new survey” “The Property Council of Australia-ANZ Banking Group forwardlooking confidence index for the December quarter gave Queensland and NSW an index reading of 142, indicating that conditions are expected to improve markedly. A neutral reading on the index is 100.

The rise in Queensland's confidence index from 117 to 142 was more dramatic than in NSW where confidence in the market rose to 142 from 130”. SOURCE: The Australian, Sarah Danckert, 17/10/2013 In summary, I feel a real opportunity presents itself if you are considering a sale in the short-term. We have a surplus of buyers & a shortage of properties for sale, giving sellers an opportunity to transact for a great result. Should you have any further queries, just let me know.

Elliott Dean Auchenflower Apartment Specialist

0401 762 655 & (07) 3510 5245 elliottdean@remax.com.au www.elliottdean.com.au