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TARINGA

Frederick Street, Taringa - c1910

Apartment Report

Elliott Dean

0401 762 655

(07) 3162 4994 6/41 Park Road, Milton QLD 4064 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au


Introduction

Sensational location in a well kept secure building, on the first floor and one of only 5 in the block. This apartment offers a care

Dear Valued Taringa Owners, With stable interest rates on offer, quality buyers are active and consequently, it really is the perfect time to sell. Currently there are many buyers in the marketplace at all price ranges and since the launch of Dean Property Team four months ago, we have sold more than 24 properties. The driving forces behind the great sales results in the marketplace and the strengthening of property prices are the under-supply of quality property and the news that Brisbane has seen an average growth rate of 4.4 per cent over the last year. 2017 brings with it the confirmation that it is undoubtedly a sellers market and ready sellers will often get the price results they desire. Should you have any real estate questions, or if you would like a complimentary evaluation of your property, obligation-free, be assured I am always at your service. Kind regards,

Elliott Dean – Principal

Recent Sales Address

Sale Date

9/48 Marmion Parade 4/9 Brasted Street 2/23 Ada Street 2/73 Beatrice Street 4/11 Frederick Street 17/2 Waverley Road 53/32 Swann Road 2/29 Indooroopilly Road 1/102 Indooroopilly Road 10/26 Ada Street 6/14 Lucinda Street 3/87 Beatrice Street 1/10 Alpha Street 7/55 Alpha Street 11/18 Morrow Street

01/11/2016 04/11/2016 07/11/2016 11/11/2016 16/11/2016 17/11/2016 23/11/2016 03/12/2016 09/12/2016 12/12/2016 19/12/2016 09/01/2017 12/01/2017 18/01/2017 30/01/2017

Summary 2 1 2 2 1 1 2 1 2 1 1 1 2 3 2 2 2 1 2 1 1 1 Details Withheld 1 1 2 2 1 2 2 1 2

2 2 2 2 2 1 3 3 3 2 2

Sale Price $400,000 $335,000 $325,000 $383,000 $387,000 $224,000 $615,000 $723,000 $512,000 $392,000 $350,000 $420,000 $333,000 $382,000 $380,000

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

TARINGA

Elliott Dean

0401 762 655

(07) 3162 4994 6/41 Park Road, Milton QLD 4064 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au


Sales Activity Statistics Fast Figures •

31 apartments have been sold in Taringa over the past 3 months.

89 apartments in Taringa are currently for sale.

The highest sale price for an apartment in Taringa over the past 3 months was $723,000.

The lowest sale price for an apartment in Taringa over the past 3 months was $224,000.

The median sale price for an apartment in Taringa over the past 3 months was $400,000.

Sales Insights 

25% of apartments sold in Taringa during the past 3 months sold for over $500,000.

 Elliott’s average ‘Days on market’ for apartments sold in Taringa is 30 days.

6% of apartments sold in Taringa during the past 3 months sold for over $700,000.

 The average ‘Days on market’ for the suburb is 119 days.

The total value of apartments sales in Taringa during the past 3 months is $13,604,000.

 Sales results as per configuration: 3 Bedrooms = 27% 2 Bedrooms = 69% 1 Bedroom = 4%

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

TARINGA

Elliott Dean

0401 762 655

(07) 3162 4994 6/41 Park Road, Milton QLD 4064 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au


Rental Insights 

There are currently 157 apartments for rent in Taringa.

An additional 271 bonds were lodged with the RTA for postcode 4068 during this quarter.

Median rental prices for Taringa apartments during this quarter are as below: Bedrooms 1 2 3

Median Rent $320 $385 $515

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

Giving Back At Dean Property Team, we believe in the importance of giving back and supporting good causes. That is why we support local charities that are making amazing differences in people’s lives. When you sell your home with Dean Property Team, we donate $150 from our commission to one of three charities. All you need to do is choose which charity we donate to.

TARINGA

Elliott Dean

0401 762 655

(07) 3162 4994 6/41 Park Road, Milton QLD 4064 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au

Taringa Market Report  

Please find enclosed the latest Taringa Report for your reference. Should you have any real estate queries, be assured I am at your service....

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