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Taringa Apartment Report November 2013
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Taringa Apartment Report Summer 2013 Taringa Apartments with Elliott Dean Market Overview for the third quarter :: July – September 2013
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A comprehensive summary on the Taringa Apartment marketplace. Should you have any real estate queries, be assured I'm always at your service on 0401 762 655. ELLIOTT DEAN RE/MAX
Transcript of Taringa Apartment Report November 2013
Taringa Apartment Report
Summer 2013
Taringa Apartments with Elliott Dean Market Overview for the third quarter :: July – September 2013
with Elliott Dean
Street Sale Date Summary Sale Price
61 Indooroopilly Road 01/07/2013 3 3 2 $586,000
1 Sundridge Street 04/07/2013 2 2 2 $403,000
98 Whitmore Street 05/07/2013 2 2 1 $427,000
37 Frederick Street 18/07/2013 3 2 1 $700,000
83 Swann Road 26/07/2013 2 1 1 $350,000
58 Alpha Street 31/07/2013 3 2 1 $500,000
31 Marmion Parade 31/07/2013 2 1 2 $321,000
73 Waverley Road 06/08/2013 2 2 1 $370,000
17 Alexandra Avenue 07/08/2013 2 2 1 $449,000
23 Montrose Road 12/08/2013 2 1 1 $315,000
39 Ada Street 20/08/2013 2 2 1 $370,000
53 Alpha Street 22/08/2013 2 1 1 $325,000
5 Todd Street 26/08/2013 2 2 1 $397,500
42 Waverley Road 29/08/2013 2 2 1 $430,000
46 Cunningham Street 30/08/2013 3 2 2 $510,000
79 Oxford Terrace 05/09/2013 2 1 1 $330,000
123 Indooroopilly 12/09/2013 3 2 2 $540,000
66 Oxford Terrace 30/09/2013 2 1 1 $369,000
Apartment Sales
80% of properties SOLD in our market during the last 3 months were between $300,000 -‐ $500,000.
$10,583,430 total value of sales in the 3 months.
25% of properties SOLD in our market during the last 3 moths were above $500,000.
24% 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? 18
How many apartments are for sale in Taringa today? 49 What is the highest apartment sales price over the last three months? $700,000 What is the lowest apartment sales price over the last three months? $209,000 What is the median apartment sales price over the last three months? $370,000
What is the street(s) with the most sales in the past three months? Whitmore Street (3)
“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 Taringa Apartment Specialist 0401 762 655 & (07) 3510 5245 [email protected] 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.
