End of Financial Year Report: MADISON / 39 QUEEN STREET Report for 2010 – 2011

BUILDING COMMENT
This is one of the Stunning Art Deco buildings that people always ask after but find it hard to buy into as they are low turnover but with high demand, for this reason values hold and grow well. The prime, central location, heritage facade, low body corporate fees and secure entry make this residential building very attractive to both home owners and investors, it's a place to really be proud of.
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REPORTED SALES - Financial Year 2010-2011
Month Apartment Beds Size m2 Price
Dec 2010 402 1 62m2 $355,000
Dec 2010 1103 1 61m2 $376,000
Dec 2010 203 Studio 32m2 $230,000
REPORTED RENTALS - Financial Year 2010-2011
Apartment Bedrooms Rent P/Week
1101 2 $520
1103 1 $420
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.

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Dionne Wilson
dionne@melbourneharcourts.com.au 03 9664 8114 03 9664 8100
“I commenced my career as a Sales Agent with a fantastic boutique inner city agency who dominated the residential warehouse market, an exciting and new style of real estate in Melbourne at the time”. Having commenced her career in Real Estate in 1997, Dionne enjoys a thorough working knowledge...

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