St Lucia Apartment Report

Summer 2013

St Lucia Apartments with Elliott Dean Market Overview for the third quarter :: July – September 2013

 

with Elliott Dean

Street Sale Date Summary Sale Price

164 Macquarie Street 04/07/2013 2 2 2 $590,000

66 Sir Fred Schonell Drive 12/07/2013 3 2 3 $790,000

29 Durham Street 14/07/2013 2 2 1 $400,000

77 Armadale Street 27/07/2013 3 2 2 $591,000

26 Warren Street 30/07/2013 2 1 1 $386,000

237 Sir Fred Schonell Drive 01/08/2013 2 2 1 $433,800

294 Swann Road 01/08/2013 3 3 3 $2,750,000

40 Sandford Street 03/08/2013 3 1 1 $580,000

62 Macquarie Street 12/08/2013 2 1 1 $361,000

21 Jerdanefield Road 12/08/2013 2 2 2 $495,000

70 Durham Street 12/08/2013 2 2 1 $577,000

36 Sandford Street 21/08/2013 4 2 2 $855,000

46 Highview Terrace 01/09/2013 3 2 2 $725,000

162 Carmody Road 02/09/2013 2 1 1 $375,000

11 Austral Street 05/09/2013 2 2 1 $495,000

194 Carmody Road 10/09/2013 3 2 2 $520,000

22 Armadale Street 21/09/2013 3 2 2 $540,000

2 Sandford Street 28/09/2013 3 2 2 $727,500

Apartment Sales

63%  of  properties  SOLD  in  our  market  during  the  last  3  months  were  between  $300,000  -­‐  $500,000.    

$22,455,600  total  value  of  sales  in  the  3  months.  

11%  of  properties  SOLD  in  our  market  during  the  last  3  moths  were  above  $850,000.  

27%  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? 44

How many apartments are for sale in St Lucia today? 54 What is the highest apartment sales price over the last three months? $2,750,000 What is the lowest apartment sales price over the last three months? $240,000 What is the median apartment sales price over the last three months? $449,400

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

 

“Should you require any help or advice with your real estate needs, be assured

I’m always at your service”.

                           PROPERTY  INDUSTRY  CONFIDENCE  INDEX                                      

Queensland leads as market confidence returns  

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

“AN improving residential sector and a change in government has led to a jump in confidence in Queensland's property market, according to a new survey”

“The Property Council of Australia-ANZ Banking Group forward-looking confidence index for the December quarter gave Queensland and NSW an index reading of 142, indicating that conditions are expected to improve markedly. A neutral reading on the index is 100.

The rise in Queensland's confidence index from 117 to 142 was more dramatic than in NSW where confidence in the market rose to 142 from 130”. SOURCE: The Australian, Sarah Danckert, 17/10/2013 In summary, I feel a real opportunity presents itself if you are considering a sale in the short-term. We have a surplus of buyers & a shortage of properties for sale, giving sellers an opportunity to transact for a great result. Should you have any further queries, just let me know.