Auchenflower Apartments Q1 2015 market report summary

Auchenflower Apartment Report 1st Quarter 2015

Auchenflower market insights with Property Specialist Elliott Dean

Welcome, to the Auchenflower Apartment Report. This is your insight into the market activity of your suburb. The last three months have seen strength in all price ranges and a genuine increase in buyer confidence due to the lower interest rates on offer.

I trust you will find this information valuable.

Sincerely, Elliott Dean Property Specialist 0401 762 655

Apartment sales Street

Sale Date

Summary

Sale Price

33 Park Avenue

12/01/15

2 bed, 2 bath, 1 garage

$445,000

31 Chasely Street

15/01/15

2 bed, 2 bath, 1 garage

$420,000

50 Dixon Street

15/01/15

3 bed, 2 bath, 2 garage

$512,000

9 Dunmore Terrace

25/01/15

2 bed, 1 bath, 1 garage

$345,000

47 Bayliss Street

27/01/15

3 bed, 2 bath, 2 garage

$730,000

44 Dunmore Terrace

28/01/15

3 bed, 2 bath, 1 garage

$655,000

3/38 Dixon Street

01/02/15

2 bed, 2 bath, 1 garage

$440,000

426 Milton Road

16/02/15

2 bed, 1 bath, 1 garage

$330,000

8 Dunmore Terrace

17/02/15

2 bed, 2 bath, 1 garage

$527,000

18 Dunmore Terrace 9 Fortitude Street

18/02/15 20/02/15

2 bed, 2 bath, 1 garage 2 bed, 2 bath, 1 garage

$509,000 $415,000

9 Dunmore Terrace

08/03/15

2 bed, 1 bath, 1 garage

$340,000

12 Kingsford Street

25/03/15

2 bed, 1 bath, 2 garage

$345,000

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

Fast figures 

88 Auchenflower apartments were sold during 2014



39 apartments are for sale in Auchenflower today



The highest apartment sales price over the last 3 months was $730,000



The lowest apartment sales price over the last 3 months was $330,000



The median apartment sales price over the last 3 months was $440,000

Insights 

45% of properties sold during the last 3 months were between $500,000- $1,000,000.



$5,338,650 total value of sales in the 3 months



0% of properties sold in our market during the last 3 months were above $1,000,000



22% of residents fully own their property



13 Auchenflower apartments were sold in the 3 months

Riverside Rooftop Featured Sale Quay Street, Brisbane City   

 

Sold in three weeks from auction 76 buyer inspections 5,312 internet inspections 23 VIP viewings Sold for the full asking price of $689,000

17 year history of Auchenflower sales Year

No. of Sales

Median

Growth

Low

High

1998 1999 2000 2001

172 143 180 223

$127,000 $182,000 $203,500 $218,000

-21.6% 43.3% 11.8% 7.1%

$2,325 $40,000 $64,000 $24,000

$955,000 $660,000 $800,000 $7,500,000

2002

198

$216,500

-0.7%

$25,000

$2,977,000

2003

182

$256,500

18.5%

$125,000

$1,970,234

2004

138

$298,500

16.4%

$27,500

$1,195,000

2005

130

$350,750

17.5%

$173,000

$1,650,000

2006

168

$332,250

-5.3%

$192,000

$1,250,000

2007

147

$398,000

19.8%

$166,000

$1,680,000

2008

94

$473,750

19.0%

$35,000

$4,033,700

2009

122

$432,500

-8.7%

$38,000

$2,100,000

2010 2011 2012

97 57 100

$432,000 $450,000 $434,250

-0.1% 4.2% -3.5%

$235,000 $283,000 $141,000

$2,175,000 $933,000 $1,150,000

2013

97

$480,000

10.5%

$30,000

$2,000,000

2014

88

$460,000

-4.2%

$195,000

$1,100,000

About Elliott Dean  Awarded #1 Sales Agent Under 30 RE/MAX Australia  RE/MAX Platinum Award winner 2015  Listed in RE/MAX’s top 100 Real Estate Agent’s in the world 2014  Following in the footsteps of a grandfather and father in the real estate industry who have instilled over 60 years of experience and knowledge “The decision to sell your property takes time and careful consideration. If you are thinking of selling, I would love work with you to get the price you want. For a free property evaluation please contact me on 0401 762 655 or email elliottdean@remax.com.au”

Elliott Dean

Property Specialist

0401 762 655 07 3510 5245

elliottdean@remax.com.au www.elliottdean.com.au “Should you require any help with your real estate needs, be assured I am always at your service.”

Photo: Michael Daveron, Managing Director, RE/MAX Australia presents #1 Sales Agent Under 30 award to Elliott Dean