End of Financial Year Report – 377 Little Collins Street

In this report, Dionne Wilson has prepared an overview of all sales & rental transactions in 377 Little Collins Street for the 2009/2010 financial year along with extra details about the complex & a forecast for the year ahead.

Melbourne 3000

Apartment Overview Fin Year 09-10:

Number of Transactions: 185
Number of Auctions: 62
Number of Auctions Sold: 62
Number of Priv. Sales, Tend. & Express. of Interest: 123
Unit/Flat/Apart. Median Auctions: $506,000 (60)
Total: 81,601,922
Average: 497,573
Median: $450,000
Max: $2,800,000
Min: $43,000

SALES RESULTS –  Financial Year 08-09:

*no sales recorded during this time

RENTAL RESULTS – Financial Year 09-10:

?/377 Little Collins         Mar 10              1 Bed    1 Bath   $520 pw

24/377 Little Collins        Feb 10              1 Bed    1 Bath   $360 pw

8/377 Little Collins         Feb 10              1 Bed    1 Bath   undisclosed

?/377 Little Collins         Sep 09              1 Bed    2 Bath   $450 pw

?/377 Little Collins         Sep 09              1 Bed    1 Bath   $400 pw

30/377 Little Collins        Aug 09              1 Bed    1 Bath   $360 pw

23/377 Little Collins        Aug 09              1 Bed    1 Bath   $300 pw

?/377 Little Collins         Jul 09                1 Bed    1 Bath   $475pw

Forecast: Winter this year started strong producing record results and with some vendors expectations exceeded the current market.  With a slight soften of the market over the last couple of weeks and high vendors expectations still soaring the outcome has result in lowering of the Auction clearance rates. However there is still plenty of keen cashed up buyers out there looking to purchase good properties at the right price.

For further information on this, or any other property needs you may have, please contact:

Dionne Wilson

Business owner and director– Harcourts City Residential

Ph: 03 9664 8100          Mob: 0417 318 705

E: dionne.wilson@harcourts.com.au 

Web: www.cityresidential.harcourts.com.au

*Harcourts City Residential has gathered this information to provide an interesting read for apartment owners and prospective purchasers. Harcourts City Residential may not have concluded any or all of the transactions noted; rather we’ve gathered as much market information as possible on ALL transactions to be as conclusive as possible.

Information contained herein is gathered from a range of sources including but not limited to; The Age Property Results, The Herald Sun Property Results, Valuer General Information & Agents own investigations. All efforts are made to verify the accuracy of the information provided. The information is not to be relied upon or used in dealings with third parties and people should make their own investigations regarding their own property or personal circumstances. Opinions offered are just that, our opinions & observations and should not be treated as advice or fact.

If your property is exclusively listed with another agent please disregard this communication.

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