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Taringa Apartment Report Summer 2013                                                  

 

Taringa Apartments with Elliott Dean Market Overview for the third quarter :: July – September 2013


Apartment Sales

 

with Elliott Dean

Street

Sale Date

Summary

Sale Price

61 Indooroopilly Road

01/07/2013

3

3

2

$586,000

1 Sundridge Street

04/07/2013

2

2

2

$403,000

98 Whitmore Street

05/07/2013

2

2

1

$427,000

37 Frederick Street

18/07/2013

3

2

1

$700,000

83 Swann Road

26/07/2013

2

1

1

$350,000

58 Alpha Street

31/07/2013

3

2

1

$500,000

31 Marmion Parade

31/07/2013

2

1

2

$321,000

73 Waverley Road

06/08/2013

2

2

1

$370,000

17 Alexandra Avenue

07/08/2013

2

2

1

$449,000

23 Montrose Road

12/08/2013

2

1

1

$315,000

39 Ada Street

20/08/2013

2

2

1

$370,000

53 Alpha Street

22/08/2013

2

1

1

$325,000

5 Todd Street

26/08/2013

2

2

1

$397,500

42 Waverley Road

29/08/2013

2

2

1

$430,000

46 Cunningham Street

30/08/2013

3

2

2

$510,000

79 Oxford Terrace

05/09/2013

2

1

1

$330,000

123 Indooroopilly

12/09/2013

3

2

2

$540,000

66 Oxford Terrace

30/09/2013

2

1

1

$369,000

80%  of  

properties  SOLD  in   our  market  during   the  last  3  months   were  between   $300,000  -­‐   $500,000.    

$10,583,430  

total  value  of  sales   in  the  3  months.  

25%  of  

properties  SOLD   in  our  market   during  the  last  3   moths  were   above  $500,000.  

24%  of  

residents  fully   own  their   property.      

All  Data  contained  in  this  report  is  sourced  from  Property  Data  Solutions.    


Fast Figures   with Elliott Dean                                                          

  How many apartments have been sold in the last three months?

18

How many apartments are for sale in Taringa today?

49

What is the highest apartment sales price over the last three months?

$700,000

What is the lowest apartment sales price over the last three months?

$209,000

What is the median apartment sales price over the last three months?

$370,000

What is the street(s) with the most sales in the past three months?

Whitmore Street (3)

 

“Should you require any help or advice with your real estate needs, be assured I’m always at your service”.


Queensland leads as market confidence returns                    PROPERTY  INDUSTRY  CONFIDENCE  INDEX  

“AN improving residential sector and a change in government has led to a jump in confidence in Queensland's property market, according to a new survey” “The Property Council of Australia-ANZ Banking Group forwardlooking confidence index for the December quarter gave Queensland and NSW an index reading of 142, indicating that conditions are expected to improve markedly. A neutral reading on the index is 100. The rise in Queensland's confidence index from 117 to 142 was more dramatic than in NSW where confidence in the market rose to 142 from 130”. SOURCE: The Australian, Sarah Danckert, 17/10/2013 In summary, I feel a real opportunity presents itself if you are considering a sale in the short-term. We have a surplus of buyers & a shortage of properties for sale, giving sellers an opportunity to transact for a great result. Should you have any further queries, just let me know.  

Elliott Dean Taringa Apartment Specialist

0401 762 655 & (07) 3510 5245 elliottdean@remax.com.au www.elliottdean.com.au


Taringa Apartment Report November 2013