VIP Market Report For Benowa - July 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.

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.

House

Current Median

$885,500 Unit

Current Median

$480,000 # Listings last 12 month

85

Recent Activit y Total sales last 12 months

225

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 3 BATH 2 CAR 6 THE BOULEVARDE BENOWA QLD 4217

$1,145,000

HOUSE

03/07/20

3 BED 2 BATH 2 CAR 25 TRISTAN COURT BENOWA QLD 4217

$670,000 26/06/20

HOUSE 4 BED 3 BATH 2 CAR 3 OCEAN VIEW STREET BENOWA QLD 4217

$542,000 13/06/20

UNIT 3 BED 2 BATH 3 CAR 11/30 ST KEVINS AVENUE BENOWA QLD 4217

$423,000

HOUSE

22/06/20

4 BED 2 BATH 2 CAR 16 CHARTWELL DRIVE BENOWA QLD 4217

$805,000 16/06/20

HOUSE 3 BED 2 BATH 2 CAR 2/49 ST KEVINS AVENUE BENOWA QLD 4217

$520,000 08/06/20

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

$470,000

HOUSE 3 BED 2 BATH 2 CAR 287 BENOWA ROAD BENOWA QLD 4217

14/04/20

$550,000 15/04/20

HOUSE 3 BED 3 BATH 2 CAR 1/6025 VISTA DRIVE BENOWA QLD 4217

$831,250 18/05/20

HOUSE 4 BED 2 BATH 3 CAR 15 REBHOLZ DRIVE BENOWA QLD 4217 UNIT 3 BED 2 BATH 2 CAR 6/268-274 ASHMORE ROAD BENOWA QLD 4217

$62,000 03/04/20

HOUSE 3 BED 2 BATH 2 CAR 14 THE DRESS CIRCLE BENOWA QLD 4217

$830,000 25/03/20

$931,000 01/04/20

Recent Listings HOUSE 5 BED 4 BATH 3 CAR 32 CHAROLAIS CRESCENT BENOWA QLD 4217

AUCTION

HOUSE 4 BED 2 BATH 4 CAR 6 ROCKET COURT BENOWA QLD 4217 HOUSE

$799,000 + BUYERS

4 BED 2 BATH 2 CAR 14 FULLERTON STREET BENOWA QLD 4217

OFFERS OVER $699,000

HOUSE 4 BED 2 BATH 2 CAR 16 SELKIRK AVENUE BENOWA QLD 4217

$1,275,000

HOUSE 6 BED 5 BATH 3 CAR 3027 THE BOULEVARDE BENOWA QLD 4217

OFFERS OVER

UNIT 1 BED 1 BATH 1 CAR 18/35 ST KEVINS AVENUE BENOWA QLD 4217

$285,000 NEGOTIABLE

Rental Statistics

Median Rental Price

Rental Yield

Number of Rentals

$798 /w

4.69%

141

Median Weekly Rent Trends

LJ HOOKER NERANG nerang@ljhooker.com.au 07 55814422 2-4 New Street Nerang nerang.ljhooker.com.au

Prepared on 9 Jul 2020 by LJ Hooker Nerang Sales results and median prices are based on the latest statistical period available (1 Apr - 31 Mar 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.