End of Financial Year Report Wellington Gardens Report for 2012 – 2013

INTRODUCTION

Continuing the trend from last year very strong sales saw more transactions this financial year than any time in the past 10 years. Leading the charge were a number of record breakers including 5/8 Wellington Crescent that had the honour of being the first apartment (outside of the town houses) to sell for over $1M in the Gardens. The highly desirable location matched with the first wave of truly renovated apartments( as opposed to refreshed) coming to market saw a strong increase in average sale price up almost $80,000 from the same time last year.

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SALES STATISTICS

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REPORTED SALES – Financial Year 2012-2013
Date Address Aspect Bed Bath Car Price
8/06/2013 68/1 Wellington Cr Garden 3 2 2 $895,000.00
1/06/2013 33/211 Wellington Prde S Garden 2 2 2 $872,500.00
7/05/2013 12/201 Wellington Prde S Street 2 1 2 $850,000.00
27/04/2013 1/6 Wellington Cr Garden 3 2 1 $1,275,000.00
4/04/2013 62/ 211 Wellington Prde S Garden 3 2 1 $880,000.00
16/03/2013 61/1 Wellington Cr 1 1 1 $420,100.00
1/03/2013 16/211 Wellington Pde S 3 2 2 $950,000.00
14/02/2013 5/8 Wellington Crescent Street 3 3 2 $1,095,000.00
14/02/2013 41/201 Wellington Pdr S Street 3 1 2 $790,000.00
13/12/2012 20/8 Wellington Cr Street 3 2 2 $845,000.00
1/12/2012 5/1 Wellington Cr 2 1 2 $650,000.00
2/11/2012 35/211 Wellington Prde S Garden $860,000.00
27/10/2012 13/2 Wellington Cr Street 2 2 1 $687,500.00
30/09/2012 31/8 Wellington Cr Garden 2 2 1 $840,000.00
22/09/2012 20/2 Wellington Crescent $710,000.00
13/09/2012 37/201 Wellington Parade South $670,000.00
08/09/2012 25/2 Wellington Crescent Street $725,000.00
24/08/2012 9/8 Wellington cr Street 3 2 2 $815,000.00
04/07/2012 43/201 Wellington Parade South $915,000.00

REPORTED RENTALS – Financial Year 2012-2013
Date Address Bed Bath Car Price
07/06/2013 63/1 Wellington Cres 2 1 1 $585pw
03/04/2013 15/1 Wellington Cres 2 1 1 $500pw
10/10/2012 70/1 Wellington Cres 2 1 1 $455pw
12/06/2013 2/8 Wellington Cres 2 2 2 $580pw
13/11/2012 33A/8 Wellington Cres 2 1 1 $495pw
07/09/2012 33A/8 Wellington Cres 2 1 1 $500pw
18/06/2012 27/8 Wellington Cres 2 2 2 $700pw
13/03/2013 1/201 Wellington Pde Sth 2 2 1 $500pw
05/12/2012 24/201 Wellington Pde Sth 2 2 1 $580pw
04/07/2012 64A/211 Wellington Pde Sth 2 1 1 $650pw*
12/06/2013 2/211 Wellington Pde Sth 2 2 2 $580pw
31/05/2013 56/211 Wellington Pde Sth 2 1 1 $620pw
15/04/2013 41/201 Wellington Pde Sth 2 1 2 $650pw
05/04/2013 45/201 Wellington Pde Sth 3 1 1 $650pw
13/12/2012 26/211 Wellington Pde Sth 3 2 2 $670pw
05/09/2012 26/201 Wellington Pde Sth 1 1 1 $560pw*
16/08/2012 74/211 Wellington Pde Sth 3 2 1 $890pw*

Harcourts Melbourne City has gathered this information to provide an interesting read for apartment owners and prospective purchasers. Harcourts Melbourne City 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.