Indooroopilly Property Report February 2019

I N D O O R O O P I L LY MARKET REPORT summer 18-19 edition

a quarterly publication for the home owners of indooroopilly

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

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

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.

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.

Kind regards, Elliott Dean

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

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

I N D O O R O O P I L LY M A R K E T R E P O R T

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 INDOOROOPILLY WAS $2, 999, 900 • THE LO W EST SALE IN INDOOROOPILLY WAS $285, 000 • THE M EDI AN HO USE SALE PRIC E IS $1, 025, 000

61%

27%

3.4M

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

THE HIGHEST S A L E PRIC E F OR 2 0 18 I N INDOOOROO P I L LY

$ A TOTA L OF 8 4 HO M ES H AV E B EEN SO LD I N I N D O ORO O P I LLY I N T H E PA S T 3 MO NTHS

A TOTAL OF 117 HOMES ARE CURRENTLY F OR SALE IN INDOOROOPILLY

T HE TOTAL VA L UE O F PROPERTY S O L D I N INDOOROO P I L LY WA S

$72, 76 5,000

NEIGHBOURHOOD REVIEWS “Elliott had been providing us with market reports for a number of years and when the time came to sell the property we decided to give him the opportunity to sell our unit. After a poor experience with our current Property Managers we were after someone who would take the hassle out of selling the property and dealing with the current tenants. Elliott didn’t let us down from the first conversation. Always knowledgable and an excellent communicator, he had an offer on the table within 2 days of the property being listed which resulted in a sale that exceeded our initial expectations. The little extra things he did along the way, dealing with the tenants, getting minor issues fixed and talking with the Property Managers made it a simple process that meant we hardly had to do a thing. I would highly recommend Elliott to anyone wanting to sell their property - I am sure you will have an experience that will make your sale an easy one.” - ve nd or s of 5/ 94 I ndoor oopi l l y Roa d DEAN PROPERTY TEAM

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RECENT SALES HOUSE

117 CARNOUSTIE COURT 5 BED • 3 BATH • 4 CAR $2,999,900 • 01/11/2018

25 MEIERS ROAD 5 BED • 4 BATH • 2 CAR $2,950,000 • 09/10/2018

36 GILGANDRA STREET 4 BED • 3 BATH • 4 CAR $2,600,000 • 04/10/2018

16 CASTILE STREET 5 BED • 3 BATH • 2 CAR $1,975,000 • 13/12/2018

58 FINNEY ROAD 5 BED • 3 BATH • 3 CAR $1,530,000 • 11/10/2018

124 RUSSELL TERRACE 3 BED • 2 BATH • 2 CAR $710,000 • 16/10/2018

UNITS 27 YORK STREET 93/95 CLARENCE ROAD 49/27 STATION ROAD 1/22 RENNIE STREET 3/101 HARTS ROAD 14/19 AARON PLACE 2/52 FOXTON STREET 125 STATION ROAD 16/27 STATION ROAD

16/10/18 17/10/18 02/11/18 12/11/18 15/11/18 18/11/18 27/11/18 12/12/18 20/12/18

2 BED 2 BATH 1 CAR 2 BED 2 BATH 1 CAR 2 BED 2 BATH 1 CAR 3 BED 2 BATH 2 CAR 3 BED 1 BATH 2 CAR 4 BED 2 BATH 2 CAR 3 BED 2 BATH 2 CAR 1 BED 1 BATH 1 CAR 2BED 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

$472,000 $400,000 $384,000 $705,000 $415,000 $865,000 $655,000 $375,000 $425,000

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