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.
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)|
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.
Business owner and director– Harcourts City Residential
*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.