VIP Market Report for Benowa- October 2020

Suburb Repor t Benowa 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.

House Current Median

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.

$870,000

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

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

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.

Unit Current Median

$479,000 # Listings last 12 month

58

Recent Ac tivit y Total sales last 12 months

201

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 UNIT 3 BED 3 BATH 2 CAR 2/5016 RIVERWOOD GROVE BENOWA QLD 4217

$927,500

UNIT

07/10/20

2 BED 2 BATH 1 CAR 206W/1 MARINA DRIVE BENOWA QLD 4217

$459,000 06/10/20

HOUSE 3 BED 2 BATH 4 CAR 1/112 BAMBOO AVENUE BENOWA QLD 4217

$854,000 25/09/20

UNIT 3 BED 2 BATH 2 CAR 8/30 ST KEVINS AVENUE BENOWA QLD 4217

$411,000

HOUSE

22/09/20

5 BED 2 BATH 12 CAR 43 DUNKEITH AVENUE BENOWA QLD 4217

$815,000 23/09/20

HOUSE 4 BED 3 BATH 4 CAR 4 CABANA BOULEVARD BENOWA QLD 4217

$1,675,000 17/09/20

HOUSE 5 BED 4 BATH 3 CAR HOUSE

116 EDINBURGH ROAD BENOWA QLD 4217

3 BED 2 BATH 4 CAR

$3,425,000

48 LAMBROS DRIVE BENOWA QLD 4217

08/09/20

$593,000 11/09/20

HOUSE 4 BED 3 BATH 2 CAR 3 ARBUTHNOT PARADE BENOWA QLD 4217

$960,000 12/09/20

HOUSE 4 BED 2 BATH 2 CAR 22 TRISTAN COURT BENOWA QLD 4217 HOUSE

HOUSE

3 BED 2 BATH 2 CAR

4 BED 4 BATH 3 CAR

45 LAMBROS DRIVE BENOWA QLD 4217

32 CHAROLAIS CRESCENT BENOWA QLD 4217

$628,000 07/09/20

$1,530,000 25/08/20

$875,000 28/08/20

Recent Listings UNIT 4 BED 3 BATH 2 CAR 7002B VISTA DRIVE BENOWA QLD 4217

$875,000 - FREE BODY CORPORATE FEES FOR HOUSE 1 BED 1 BATH 1 CAR 49/37 SAINT KEVINS AVENUE BENOWA QLD 4217 UNIT

$310,000

2 BED 2 BATH 1 CAR 249 ASHMORE ROAD BENOWA QLD 4217

PRICED FROM $539K

LAND BED BATH CAR 7024 VISTA DRIVE BENOWA QLD 4217

CONTACT AGENT.

HOUSE

HOUSE

4 BED 3 BATH 2 CAR

4 BED 3 BATH 2 CAR

2/7021 VISTA DRIVE BENOWA QLD 4217

74 THEATRE DRIVE BENOWA QLD 4217

OFFERS OVER $1,075,000

AMAZING VALUE!

Rental Statistics

Median Rental Price

Rental Yield

Number of Rentals

$760 /w

4.64%

109

Median Weekly Rent Trends

LJ HOOKER NERANG

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

Prepared on 12 Oct 2020 by LJ Hooker Nerang Sales results and median prices are based on the latest statistical period available (1 Jul - 30 Jun 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.