Auchenflower Apartment Report

Autumn 2014

Auchenflower Apartments with Elliott Dean Market Overview for the third quarter :: October - December 2013

 

with Elliott Dean

Street Sale Date Summary Sale Price

56 Dunmore Terrace 01/10/2013 2 2 2 $565,000

21 Fortitude Street 08/10/2013 2 1 1 $390,000

47 Bayliss Street 08/10/2013 3 2 2 $660,000

8 Dunmore Terrace 10/10/2013 3 2 3 $1,180,000

435 Coronation Drive 18/10/2013 1 1 1 $245,00

24 Lima Street 06/11/2013 2 1 1 $376,000

17 Ridley Street 08/11/2013 2 2 1 $515,000

435 Coronation Drive 14/11/2013 2 2 1 $355,000

66 Dunmore Terrace 19/11/2013 1 1 1 $460,000

40 Lang Parade 19/11/2013 2 1 1 $340,000

42 Dunmore Terrace 21/11/2013 3 1 1 $495,000

34 Park Avenue 24/11/2013 2 2 1 $517,000

20 McIlwraith Street 28/11/2013 2 1 1 $270,000

63 Dunmore Terrace 28/11/2013 3 2 1 $467,500

38 Park Avenue 29/11/2013 2 2 2 $480,000

23 Hobbs Street 12/12/2013 2 1 1 $331,000

38 Lang Parade 12/12/2013 3 2 1 $525,000

50 Dixon Street 27/12/2013 2 2 2 $415,000

Apartment Sales

54%  of  properties  SOLD  in  our  market  during  the  last  3  months  were  between  $300,000  -­‐  $500,000.    

$10,216,500  total  value  of  sales  in  the  3  months.  

31%  of  properties  SOLD  in  our  market  during  the  last  3  moths  were  above  $500,000.  

22%  of  residents  fully  own  their  property.      

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

with Elliott Dean  

   

                                                         

 Fast Figures

How many apartments have been sold in the last three months? 22

How many apartments are for sale in Auchenflower today? 17 What is the highest apartment sales price over the last three months? $1,180,000 What is the lowest apartment sales price over the last three months? $220,000 What is the median apartment sales price over the last three months? $463,750

What is the street(s) with the most sales in the past three months? Dunmore Terrace (7)

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Red Hot Brisbane Leads Property Pack  

Elliott Dean Auchenflower Apartment Specialist 0401 762 655 & (07) 3510 5245 elliottdean@remax.com.au www.elliottdean.com.au

SOURCE: The Courier-Mail, Michelle Hele, 14/02/2014 BRISBANE property prices are tipped to outperform price growth in all other capital cities this year. While Brisbane values have been soft for some time, the city is tipped to be ahead of the pack in 2014, according to the latest National Australia Bank residential property survey. It predicts an increase in house values of 6.4 per cent this year, while the average capital city house price is tipped to rise by 6 per cent. NAB Capital City House Price Forecasts 2014 Brisbane – 6.4% Perth – 6.3% Sydney – 6% Melbourne – 4.6% Adelaide – 2.1% Capital city average – 6% Source: NAB NAB retail general manager Dion Crowe said the property industry had indicated the housing market would lift further, particularly the lower end and top end.

“Owner occupiers continue to dominate the established housing market, driven by upgraders and we expect this trend to continue over the next two years,’’ he said. He said their predictions of price growth were driven by continued low interest rates, population growth and longstanding supply issues, plus foreign buying activity. By Michelle Hele (Courier-Mail). Full article www.couriermail.com

“Inner city houses remain the most sought after in the established property