VIP Market Report - Benowa April 2020

Suburb Repor t Be nowa QLD 4217

Benowa QLD 4217

The size of Benowa is approximately 6.6 square kilometres.

It has 14 parks covering nearly 6% of total area.

The population of Benowa in 2011 was 7,978 people.

By 2016 the population was 8,737 showing a population growth of 9.5% in the area during that time.

House Current Median

$900,000

The predominant age group in Benowa is 40-49 years.

Unit

Households in Benowa are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments.

Current Median

$478,000

In general, people in Benowa work in a professional occupation.

In 2011, 74.6% of the homes in Benowa were owner-occupied compared with 72.6% in 2016.

# Listings last 12 month

83

Recent Activit y Total sales last 12 months

239

Why is recent activity important to me?

Recent sales activity provides insight into the current market condition. Many more sales than listings may indicate an undersupplied market, while conversely, more listings could indicate an over-supplied market with buyers in the driving seat.

Recent Sales HOUSE 4 BED 2 BATH 2 CAR 20 TAMBOURAH DRIVE BENOWA QLD 4217

$696,000

UNIT

15/03/20

3 BED 1 BATH 2 CAR 31/23 TRISTAN COURT BENOWA QLD 4217

$350,000 11/03/20

HOUSE 3 BED 3 BATH 0 CAR 25 COLLINS CRESCENT BENOWA QLD 4217

$456,000 03/03/20

HOUSE 4 BED 3 BATH 2 CAR 30 THEATRE DRIVE BENOWA QLD 4217

$595,000

HOUSE

19/02/20

4 BED 3 BATH 8 CAR 2010 THE BOULEVARDE BENOWA QLD 4217

$1,300,000 01/03/20

HOUSE 3 BED 1 BATH 1 CAR 97 BAMBOO AVENUE BENOWA QLD 4217

$567,000 12/02/20

HOUSE 4 BED 2 BATH 0 CAR 30 KINCARDINE DRIVE BENOWA QLD 4217

$1,101,100

HOUSE 4 BED 2 BATH 2 CAR 55 DUNKEITH AVENUE BENOWA QLD 4217

08/02/20

$802,000 10/02/20

UNIT 2 BED 1 BATH 1 CAR 8/21 ST KEVINS AVENUE BENOWA QLD 4217

$310,000 11/02/20

HOUSE 3 BED 1 BATH 4 CAR 37 ALAMAU STREET BENOWA QLD 4217 UNIT 2 BED 2 BATH 2 CAR 309E/1 MARINA DRIVE BENOWA QLD 4217

$475,000 21/02/20

HOUSE 4 BED 2 BATH 2 CAR LOT 1/2 RENATE WAY BENOWA QLD 4217

$820,000 15/02/20

$702,000 07/03/20

Recent Listings HOUSE 3 BED 2 BATH 4 CAR 7 GLENBROOK AVENUE BENOWA QLD 4217

$959,000

UNIT 3 BED 2 BATH 2 CAR 17 THEATRE DRIVE BENOWA QLD 4217 HOUSE

$669,000

4 BED 3 BATH 5 CAR 1/272 ASHMORE ROAD BENOWA QLD 4217

OFFERS OVER $699,000

HOUSE 3 BED 1 BATH 3 CAR 3 CANARA STREET BENOWA QLD 4217

OFFERS ABOVE $650,000

UNIT 2 BED 2 BATH 2 CAR 3018/21 ROSS STREET BENOWA QLD 4217

OFFERS OVER $499 000

Rental Statistics

Median Rental Price

Rental Yield

Number of Rentals

$800 /w

4.74%

146

Median Weekly Rent Trends

LJ HOOKER NERANG

nerang@ljhgc.com.au 2-4 New Street Nerang

Prepared on 21 Apr 2020 by LJ Hooker Nerang Sales results and median prices are based on the latest statistical period available (1 Feb - 31 Jan 2020). Š 2020 Copyright RP Data Pty Limited, Local, State, Commonwealth Govt. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials at this site is permitted. The information provided is deemed reliable but not guaranteed.

Based on or contains data provided by the State of Queensland (Department of Natural Resources and Mines) 2020. In consideration of the State permitting use of this data you acknowledge and agree that the State gives no warranty in relation to the data (including accuracy, reliability, completeness, currency or suitability) and accepts no liability (including without limitation, liability in negligence) for any loss, damage or costs (including consequential damage) relating to any use of the data. Data must not be used for direct marketing or be used in breach of the privacy laws.