Taringa Apartment Market Report February 2016

Taringa

Apartment Report

Welcome to 2016!

Dear Valued Taringa Owners, 2016 is shaping up to be another great year in real estate. There are certainly plenty of genuine buyers around at the moment, and towards the end of last year we were getting multiple offers on all of our properties which is a great sign. There is still a distinct lack of available stock in the market - we think that this limited availability of selection will lead to some really great prices in the coming weeks ahead. Interest rates are still very steady and this gives buyers and sellers great piece of mind in terms of their confidence & buying position. If at any time you have a real estate question, be it big or small, 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

5/45 Beatrice Street

01/10/2015

2

2

2

$432,000

1/43 Stanley Terrace

06/10/2015

3

1

1

$420,000

3/37 Broomfield Street

08/10/2015

3

2

1

$522,000

252 Swann Road

13/10/2015

Details Withheld

15/29 Alpha Street

14/10/2015

2

2

1

$510,000

5/30 Bellevue Parade

16/10/2015

3

2

2

$895,000

49/35 Morrow Street

29/10/2015

2

2

1

$377,000

3/33 Sundridge Street

02/11/2015

2

1

1

$615,000

6/23 Montrose Road

04/11/2015

1

1

1

$287,000

1/97 Moggill Road

06/11/2015

Details Withheld

$162,250

3/38 Goldsbrough Road

13/11/2015

2

$340,000

8/33 Sundridge Street

16/11/2015

Details Withheld

$575,000

4/39 Adsett Street

17/11/2015

2

$362,000

1 1

1 1

Sale Price

$1,250,000

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 23 Apartments have been sold in Taringa over the past 3 months.

51 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 $1,250,000.

The lowest apartment sale price in Taringa over the past 3 months was $162,250.

The median apartment sale price in Taringa over the past 3 months was $510,000.

Sales Insights 47% of Taringa apartments sold during the last 3 months were sold between $500,000 $1,000,000.

The total value of apartment sales in Taringa during the past 3 months is $11,966,750.

148 apartments were sold in Taringa during 2015.

38% of Taringa apartments sold in 2015, sold for over $500,000.

812 Apartments have been sold in Taringa over the past 5 years

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 114 apartments for rent in Taringa.

During this quarter, and additional 274 bonds for rental properties in postcode 4068 were lodged.

See below for median rental prices in Taringa for this quarter

Bedrooms

Median Rent

1 2 3

$280 $380 $520

A slice of history‌

Pilot Office Geoffrey Lloyd Wells Memoria Seat – Stanley Terrace

Geoffrey Lloyd Wells was born on 6th June 1915 in Taringa. He served in the Royal Australian Air Force during World War II, and was shot down in the Netherlands on 17th August 1941. This stone bench was constructed by his family as a memorial to him.

The seat was listed on the Queensland Heritage Register on 21st October 1992.

Refinancing or Investing?

Elliott Dean

Call Shin Luan to find the right

0401 762 655

mortgage structure and industry leading competitive rates for your new home.

Book your complimentary consultation today.

elliottdean@remax.com.au www.profilerealestate.com.au

0488 987 881

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