Taringa Market Report Full Summary

TARINGA

Apartment Report

Introduction Dear Valued Taringa Owners, The second quarter of the year has been upbeat with great confidence shown by buyers in a market where the low levels of stock to choose from has created great results for our owners. The low interest rate environment is having a significant impact as it allows more buyers into the marketplace. With rates at record lows, it’s almost cheaper to buy than rent a home or apartment. If you are thinking of selling, this is the time to sell to get your premium price. As Spring approaches more stock will come on the market and the dynamics of buyers and sellers may change. If at any time you have any real estate questions, or if you would like an evaluation of your property, obligation-free, be assured I am always at your service.

Kind regards, Elliott Dean

Recent Apartment Sales Address

Sale Date

Summary

Sale Price

6/61 Westerham Street

02/04/16

2

2

1

$375,000

2/47 Swann Road

04/04/16

2

1

1

$352,000

4/103 Beatrice Street

05/04/16

2

2

2

$492,000

1/98 Whitmore Street

07/04/16

2

2

2

$466,500

8/14 Princess Street

13/04/16

Details Withheld

$549,000

1/15 Adsett Street

19/04/16

2

2

1

$460,000

5/2 Waverley Road

21/04/16

2

2

1

$365,000

6/87 Swann Road

22/04/16

2

1

1

$350,000

5/4 Moore Street

30/04/16

3

2

2

$693,000

4/66 Oxford Terrace

12/05/16

2

1

1

$405,000

2/11 Lucinda Street

09/06/16

2

2

1

$444,000

1/37 Alpha Street

10/06/16

2

2

1

$365,000

8/150 Swann Road

25/06/16

2

2

2

$715,000

All data contained in this report has been sourced from Property Data Solutions.

Call Elliott Dean today on 0401 762 655 for all your Real Estate needs.

Sales Activity & Statistics Fast Figures 27 Apartments have been sold in Taringa over the past 3 months.

65 Taringa Apartments have been listed to sell in the past 90 days.

The highest apartment sale price in Taringa over the past 3 months was $715,000.

The lowest apartment sale price in Taringa over the past 3 months was $350,000.

The median apartment sale price in Taringa over the past 3 months was $444,000

Sales Insights 65% of Taringa apartments sold during the last 3 months were sold between $200,000 $500,000.

35% of Taringa apartments sold during the last 3 months were sold between $500,000 $1,100,000.

Call Elliott Dean today on 0401 762 655 to find the solution to your property goals.

The total value of apartment sales in Taringa during the past 3 months is $9,428,500.

The average ‘Days on Market’ for a Taringa apartment is 41.

Sales results as per configuration: 3 Bedroom = 2 Bedroom = 1 bedroom =

20% 75% 5%

All data contained in this report has been sourced from Property Data Solutions.

Taringa Apartment Specialist Elliott Dean 0401 762 655 or elliottdean@remax.com.au

Rental Insights There are currently 89 apartments for rent in Taringa.

During this quarter and additional 301 bonds for rental properties in postcode 4068 were lodged.

Toowong Apartment Specialist

Median rental prices in Taringa for this quarter as below.

Elliott Dean 0401 762 655 or elliottdean@remax.com.au

Bedrooms

Median Rent

1

$280

2

$395

3

$585

All data contained in this report has been sourced from Property Data Solutions.

What’s On Near Taringa What better way to welcome Spring then to attend the Annual Spring Orchid Show at Brisbane’s Botanical Gardens, Mt Coottha. The Show spans over 2 days – 27th & 28th August 2016, and for the low cost of $4 per adult (free entry for children under 14 years) you can view the amazing displays and many types of orchid species and hybrids, including Australian native orchids, modern hybrids and exotic species. There will also be an Arts & Crafts stall with homemade jams and cakes, and floral arrangements featuring Orchids. Light refreshments will be served throughout the day including Devonshire teas. The event is suitable for all ages and is wheel chair friendly. For more information, please contact the friendly staff of the society on 3204 6324. Show open times are as follows: Saturday 27th August: 8:30 – 4:00pm Sunday 28th August: 8:30 – 3:30pm

Elliott Dean 0401 762 655

Each office independently owned and operated

Australian Native Orchid Dendrobium

Platinum Award Winner 2016 Hall of Fame Induction 2016

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Elliott Dean

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0401 762 655 elliottdean@remax.com.au www.profilerealestate.com.au

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0488 987 881

Call Elliott Dean today on 0401 762 655 for all your Real Estate needs.