St lucia Apartments Q1 2015 market report summary

St Lucia

Apartment Report 1st Quarter 2015

St Lucia market insights with Property Specialist Elliott Dean

Welcome, to the St Lucia Property 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 St Lucia Specialist 0401 762 655

Apartment sales Street 77 Durham Street 7/214 Sir Fred Schonell Drive 13 Bishop Street 49 Bishop Street 18 Gailey Road 64 Warren Street 1/145 Gailey Road 46 Gailey Road 1/104 Carmody Road 12 Bryce Street 26/68 Bellevue Terrace 75 Bellevue Terrace 7/28 Laurence Street 194 Carmody Road

Sale Summary Date 05/01/15 2 bed,1bath, 1 garage 11/01/15 2 bed. 2 bath, 1 garage

Sale Price

13/01/15 15/01/15 15/01/15 16/01/15 21/01/15 02/02/15 04/02/15 06/02/15 12/02/15 15/02/15 17/02/15 20/02/15

$328,000 $415,000 $513,000 $325,000 $350,000 $394,000 $410,000 $430,000 $440,000 $515,000 $485,000 $550,000

1 bed, 1 bath, 1 garage 2 bed, 1 bath, 1 garage 2 bed, 2 bath, 1 garage 1 bed, 1 bath, 1 garage 2 bed, 1 bath, 1 garage 2 bed, 1, bath, 1 garage 2 bed, 2 bath, 1 garage 2 bed, 1 bath, 1 garage 2 bed, 2 bath, 1 garage 2 bed, 1 bath, 2 garage 2 bed, 1 bath, 1 garage 3 bed, 2 bath, 2 garage

$340,000 $447,000

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

Fast figures 

172 St Lucia apartments were sold during 2014

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59 apartments are for sale in St Lucia today

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The highest apartment sales price over the last 3 months was $707,000

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The lowest apartment sales price over the last 3 months was $303,350

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The median apartment sales price over the last 3 months was $450,000

Insights 

11.5% of properties sold during the last 3 months were between $600,000$1,000,000.

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$11,972,000 total value of sales in the 3 months

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

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27% of residents fully own their property

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34 St Lucia 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 St Lucia apartment sales Year

No. of Sales

Median

Growth

Low

High

1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

248 221 231 279 317 234 180 175 199 240 150 179 162 161 153 201 172

$199,000 $189,000 $200,000 $215,000 $225,500 $285,500 $280,000 $312,000 $365,000 $395,000 $452,500 $450,000 $445,000 $495,000 $488,000 $485,000 $488,000

4.7% -5.0% 5.8% 7.5% 4.9% 26.6% -1.9% 11.4% 17.0% 8.2% 14.6% -0.6% -1.1% 11.2% -1.4% -0.6% 0.6%

$65,000 $34,500 $81,000 $85,000 $70,000 $93,000 $121,000 $140,000 $160,000 $150,000 $280,000 $246,000 $289,000 $200,000 $207,000 $240,000 $160,000

$610,000 $1,200,000 $1,005,000 $747,500 $1,130,000 $1,550,000 $1,200,000 $1,550,000 $1,525,000 $3,075,000 $4,575,000 $2,410,000 $4,350,000 $1,135,000 $3,500,000 $2,750,000 $2,750,000

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

St Lucia 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