2014 REIQ Market Monitor – September Quarter

your state-wide property research guide suburb by suburb

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QMM STATE-WIDE COMMENTARY

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CONFIDENCE SPREADS TO REGIONAL QLDWhile residential real estate markets south of the border are reportedly coming to, if not already at their peak, Queensland is some way off that point. Sales activity in Southeast Queensland (SEQ) continues to strengthen, while the state’s key regional centres are beginning to reap the benefits of growing confidence across the state.

Listing numbers have begun to improve, a sign that vendors are becoming increasingly confident about current selling conditions. However, local agents still report a shortage of supply in some areas and price segments.

Average days on market and average vendor discounting have improved markedly in most regions compared to a year ago. These conditions, combined with strong sales activity, have seen SEQ, Toowoomba and Cairns enter a rising house market.

Townsville has now joined the Fraser Coast in recovery mode, with Gladstone and Bundaberg also entering a recovery phase. Local agents are reporting Rockhampton is at the bottom of the cycle, while Mackay appears to be stabilising.

http://www.corelogic.com.au/professional/real-estate.html?utm_source=REIQ&utm_medium=email&utm_content=asset&utm_campaign=brand

2 QUEENSLAND MARKET MONITOR

REIQ RESEARCH EXPLANATORY NOTESSALES DATA

All figures for the most recent quarterly and yearly periods are preliminary only and subject to further revision as additional sales records become available (see Research Methodology online at reiq.com).

As of the June quarter 2013, all sales data includes "Recent Sales" as advised by real estate agents as well as official records as advised by DNRM. As such comparisons with figures published prior to the June quarter 2013 should be done with caution.

A median sale price is derived by arranging a set of sale prices from lowest to highest and then selecting the middle value within this set (ie the 50th percentile, where half of recorded sales were less and half were higher than the median).

Only suburbs and regions to record sufficient sales numbers are published.

N/ADue to insufficient sales numbers (as at the time of data extraction) no median sale price has been calculated

(LGA) Local Government Area

Brisbane (SD)

Brisbane Statistical Division which comprises the LGA’s of Brisbane City, Ipswich City, Logan City, Moreton Bay Regional and Redland City

# Figures based upon the new council boundaries

^Indicates acreage sales only (with land size greater than 2400m2). All other data is based upon sales with a land size of less than 2400 m2

~Median price changes influenced by varying quality of stock sold

*Median price changes influenced by varying quantities of new properties sold

fMedian price changes influenced by varying quantities of waterfront properties sold

tMedians affected by varying quantities of townhouses sold

GSales volumes and median affected by QLD government sales in the area eg ULDA, NRAS sales.

Y Median affected by high yielding property sales

1

Median price changes influenced by the varying volumes of sales between the Mainland and Bay Islands areas

RENTAL DATA

All median weekly rents are published on a postcode basis, as calculated by the Residential Tenancies Authority, where sufficient data is available.

Caution should be exercised when interpreting any median rental price data based upon a relatively small number of new bond lodgements.

Figures for the new LGA's available for the current quarter only.

LListed localities (or suburbs) represent one of potentially several that fall within that postcode.

N.A.Due to insufficient new bond lodgements, no median rental price has been calculated

Source: Residential Tenancies Authority, Rental Bond lodgements (www.rta.qld.gov.au)

PRICE POINT GRAPHS

All data contained within these graphs represent preliminary sales numbers and are subject to revision as additional sales records become available.

The data excludes any recent sales transactions where the contract sale price was not disclosed.

The intention of these graphs is to gauge trends in sales activity between periods in lieu of actual final sales resultsSource: REIQ, data obtained from RPData (www.rpdata.com.au). Enquiries about the reproduction of part or all of the information should be directed to the Corporate Affairs Division, REIQ.

GROSS RENTAL YIELDS

House yields are based upon REIQ median house prices and RTA weighted median weekly rent for houses.

Unit yields are based upon REIQ median unit & townhouse prices and RTA weighted median weekly rent for units and townhouses.

VACANCY RATES

All figures are based upon all residential rentals as at the end of each quarterly period, as submitted by REIQ accredited agents.

A vacancy rate of 3 per cent is generally considered to indicate equilibrium of supply and demand within a rental market.

N/ADue to insufficient information received no vacancy rate has been calculated

Source: REIQ Residential Rental Survey

ON THE MARKET INDICATORS

At the time of publication, latest information available was for the 12 months ending the month prior to the current period.

"Days on Market" is calculated as the average number of days it has taken to sell those properties sold by private treaty sale during the 12 month period. The calculation excludes auction listings and listings where an asking price is not advertised. The days on market calculation uses the contract date on the property compared with the first advertised date.

"Vendor Discount" is the average difference between the contract price on a property and the first advertised price. The figure is expressed as a percentage and is an average of all private treaty sales which sold for less than their initial asking price during the last 12 months. Auction listings and listings without an advertised asking price are excluded from the calculation.

"Total Listings" is the total unique number of properties that have been advertised for sale and captured by RP Data over the 12 month period. To be included in the count, the listings have to be matched to an actual address.

"% Stock on Market" is the percentage of dwellings within the suburb or local government area that have been listed for sale over the past year.

Source: CoreLogic RP Data (www.corelogic.com.au)

http://www.reiq.com/about-us/research-methodology/

http://www.reiq.com/about-us/research-methodology/

http://www.rpdata.com.au

3

STATE-WIDE SUMMARY

SEPTEMBER QUARTER 2014

HOUSE MARKET

House sales activity across SEQ continued to improve over the September quarter, with preliminary sales numbers up five per cent across Greater Brisbane. The Gold and Sunshine Coasts recorded an increase of seven and three per cent respectively.

Cairns saw sales volumes for both the house and unit markets increase by more than 30 per cent, with the city also recording the greatest improvement in average vendor discounting outside of SEQ. Toowoomba shared equal honours for the greatest drop in days on market compared to a year ago.

These six regions have now recorded consecutive quarterly increases in sales volumes and with strong increases in their respective median house prices over the year to September. They are clearly beginning to enter the rising segment of the property cycle.

The Fraser Coast on the other hand saw sales activity remain relatively stable over the quarter, a trend seen over the corresponding period last year. All other market indicators, however, point to a recovery in the local house market. The region posted the second greatest improvement in days on market, with houses selling 12 days quicker than they did this time last year.

Townsville’s house market has bounced back after a very lacklustre June quarter, with sales volumes over the September quarter up 27 per cent – taking preliminary house sale numbers to their highest level so far this decade.

Mackay and Gladstone both recorded strong sales activity for the quarter, however both regions are still seeing a softening in median house prices. Local agents in Gladstone report that the residential sales market is normalising following an exceptionally high volume of activity in the past few years.

UNIT MARKET

Unit and townhouse markets across SEQ and many other parts of the state continue to improve. While overall preliminary sales numbers were up across all price points, the strongest increase in sales was recorded in the sub-$250,000 (up 20 per cent) and million-dollar plus price point (up 21 per cent).

Greater Brisbane’s unit market outperformed house sales, with volumes up 11 per cent over the quarter on the back of strong results in the Logan and Ipswich regions.

The Cairns unit market performed very strongly over the September quarter, with unit sales in the sub-$250,000 recording the highest increase in buyer activity. This contributed to the region’s drop in median sale price for that period.

Toowoomba also continues to record strong sales activity, with volumes up 21 per cent on the June quarter and the median sale price posting a healthy 2.5 per cent increase over the same period.


Queensland market update 1

REIQ Explanatory notes 2

Brisbane market updates

Brisbane City 6

Greater Brisbane 11

Regional market updates

Gold Coast 16

Toowoomba 19

Sunshine Coast 21

Fraser Coast 23

Bundaberg 25

Gladstone 27

Rockhampton 28

Mackay 30

Townsville 32

Cairns 34

Other Regional 36

On The Market Indicators 37

Total Listings

% Stock on Market

Average Vendor Discount

Average Days on Market

Rental Market Indicators 38

Gross rental yields

Residential vacancy rates

TABLE OF CONTENTS

REIQ

STATE-WIDE SUMMARY CONTINUED

... key regional centres are beginning to reap the benefits of growing confidence across the state.


STATE-WIDE SUMMARY

With activity typically lagging the house market by at least one quarter in most regions, the unit markets across most major centres are beginning to enjoy improving overall market conditions.

Properties are selling quicker and average vendor discounting is coming down in SEQ, along with the likes of Cairns and the Fraser Coast. Toowoomba, Rockhampton and Townsville have likewise seen improvements in their on the market statistics over the year to September.

FALLING

STABILISING RECOVERING

RISING

BRISBANE HOUSE MARKETS September Qtr 2014

Source: REIQ

Brisbane Redland Logan

Moreton Bay Ipswich

FALLING


RISING

QUEENSLAND HOUSE MARKETS September Qtr 2014

Mackay Gladstone Bundaberg Rockhampton Source: REIQ

Brisbane SD Toowoomba Gold Coast Sunsine Coast

Cairns

Fraser Coast Townsville

HOUSES (<2400) UNITS & TOWNHOUSES VACANT LAND (<2400)

LGA MEDIAN SALE PRICE

QTRLY CHANGE

SALES ACTIVITY CHANGE

MEDIAN SALE PRICE

QTRLY CHANGE


MEDIAN SALE PRICE

QTRLY CHANGE


GREATER BRISBANE

BRISBANE SD $465,500 -1.0% 5% $384,900 -1.3% 11% $215,000 -0.3% -8%

BRISBANE $580,000 0.9% 3% $420,000 0.6% 7% $335,000 -0.2% 3%

IPSWICH $300,000 0.0% 4% $242,000 -16.5% ~ t 24% $168,177 -3.9% -26%

LOGAN $341,000 -0.9% 14% $241,000 4.8% 41% $188,000 -3.6% ~ -35%

MORETON BAY $382,250 -1.4% 8% $319,450 -0.2% 10% $210,825 -1.9% -17%

REDLAND $468,000 -0.2% 3% $356,750 6.5% 3% $51,000 -27.1% ~ b 57%

TOURISM CENTRES

GOLD COAST $495,000 -3.9% ~ 7% $340,000 -2.9% 5% $234,000 -0.4% 3%

SUNSHINE COAST $473,500 1.2% 3% $342,500 -1.8% 3% $242,000 3.0% -26%

NOOSA $522,500 -5.7% ~ 13% $395,000 9.4% ~ 5% $247,750 -8.2% 13%

FRASER COAST $286,500 0.5% 0% $240,000 -5.9% -9% $150,000 15.4% ~ 14%

CAIRNS $379,000 -0.5% 38% $210,000 -5.4% 34% $203,500 19.7% ~ 42%

REGIONAL CENTRES

BUNDABERG $268,995 -5.3% 19% $235,000 -12.1% ~ 62% $144,000 0.0% 24%

GLADSTONE $374,000 -4.1% 11% $370,000 12.1% ~ t -19% $214,000 25.9% ~ -6%

MACKAY $391,000 -1.0% 14% $301,030 -1.3% 188% $206,000 6.7% ~ -33%

ROCKHAMPTON $305,000 -3.6% 6% $415,000 -0.6% 47% $183,900 7.9% ~ 109%

TOOWOOMBA $339,500 1.0% 4% $279,000 2.5% 21% $156,500 -2.7% ~ 139%

TOWNSVILLE $340,000 -5.6% ~ 27% $251,750 -6.8% ~ -18% $161,900 3.8% 27%

ON THE MARKET" HOUSES (ALL) UNITS (ALL)

LGASTOCK

ON MARKET

DAYS ON MARKET

VENDOR DISCOUNT

STOCK ON

MARKET

DAYS ON MARKET

VENDOR DISCOUNT

GREATER BRISBANE

BRISBANE 6.4% 57 -5.5% 6.4% 66 -4.8%

IPSWICH 7.0% 82 -6.5% 10.3% 117 -7.4%LOGAN 7.2% 76 -5.8% 10.8% 101 -6.3%MORETON BAY 7.3% 73 -5.4% 9.3% 100 -5.5%REDLAND 8.4% 70 -5.7% 9.5% 90 -5.3%TOURISM CENTRESGOLD COAST 7.7% 72 -6.0% 9.1% 93 -6.7%SUNSHINE COAST 9.0% 90 -5.9% 9.6% 106 -6.4%FRASER COAST 9.5% 109 -7.6% 8.0% 97 -7.6%CAIRNS 6.7% 71 -5.8% 11.1% 118 -6.6%REGIONAL QLDBUNDABERG 8.3% 89 -7.5% 11.1% 138 -8.0%GLADSTONE 7.9% 114 -9.8% 7.2% 130 -11.3%MACKAY 7.2% 95 -9.0% 7.9% 129 -12.9%ROCKHAMPTON 7.8% 94 -8.0% 7.7% 112 -6.6%TOOWOOMBA 8.7% 62 -4.5% 8.9% 76 -4.3%TOWNSVILLE 7.1% 89 -7.4% 10.3% 126 -9.4%

" Figures are for the 12 months ending August 2014

5

STATE-WIDE SUMMARY


RENTAL MARKET

The REIQ’s latest Residential Rental Survey, conducted at the end of September, found vacancy levels remain relatively steady across most parts of the state. Only four of the 16 major regions recorded a significant change in vacancy levels.

Outside Queensland’s resource centres, rental conditions remain tight across all other major regional centres. The Sunshine Coast again posted the State’s tightest vacancy rate of one per cent at the end of September.

Latest figures from the RTA also point to some movements in median weekly rents. This is in line with trends showing varying demand and supply levels across the state. Median rents in Gladstone and Mackay continue to ease, while continued tight conditions seen in many other parts of the state are yet to convert into any significant increases in median weekly rents.

The total number of new bonds lodged across Queensland was up over the September quarter. Local agents in many areas say this is a popular time of year for people to relocate, most notably for work or school reasons prior to the Christmas-New Year period.

FOR FULL ON THE MARKET AND RENTAL MARKET STATISTICS BY LOCAL GOVERNMENT AREA, SEE PAGE 37-38

* change greater than 0.5 pts

^ Trend for rents over year, trend for yields are over the quarter* change greater than $20 (rents) or 0.5 pts (yields)

VACANCY RATES

LGA/REGION' 30-SEP-14 TRENDGREATER BRISBANEBRISBANE SD' 2.0% DOWNBRISBANE CITY 2.3% STEADYIPSWICH CITY 1.6% DOWNLOGAN CITY 1.5% DOWNMORETON BAY 1.8% STEADYREDLAND CITY 1.8% UPTOURISM CENTRESGOLD COAST CITY 1.9% STEADYSUNSHINE COAST' 1.1% STEADYFRASER COAST 2.1% DOWNCAIRNS 1.8% STEADYREGIONAL QLDBUNDABERG 2.9% DOWNGLADSTONE 4.7% DOWNMACKAY 8.4% UPROCKHAMPTON 4.1% DOWNTOOWOOMBA 1.6% STEADYTOWNSVILLE 4.8% DOWN

RENTAL TRENDS^ MEDIAN WEEKLY RENT GROSS RENTAL YIELDS

LGA 3-BED HOUSE 2-BED FLAT 3-BED TOWNHOUSE HOUSES UNITS

GREATER BRISBANEBRISBANE CITY $415 UP $400 UP $405 STEADY 3.7% DOWN 5.0% STEADYIPSWICH CITY $300 UP $250 STEADY $310 UP 5.2% STEADY 5.4% UP*LOGAN CITY $340 UP $260 STEADY $335 UP 5.2% STEADY 5.6% STEADYMORETON BAY $340 UP $270 STEADY $335 STEADY 4.6% STEADY 4.4% DOWNREDLAND CITY $380 STEADY $330 STEADY $390 UP 4.2% STEADY 4.8% STEADYTOURISM CENTRESGOLD COAST CITY $430 UP* $360 UP $385 UP 4.5% STEADY 5.5% STEADYSUNSHINE COAST** $400 UP* $320 UP $370 DOWN 4.4% STEADY 4.9% UP*NOOSA $420 UP* $360 UP* $490 UP* 4.2% 4.7%FRASER COAST $280 STEADY $235 UP $325 UP* 4.8% STEADY 6.9% UP*CAIRNS $350 UP $280 UP $350 DOWN 5.1% DOWN 5.1% DOWNREGIONAL QLDBUNDABERG $285 STEADY $230 STEADY $320 UP* 5.5% UP 5.1% DOWNGLADSTONE $320 DOWN* $250 DOWN* $350 DOWN* 4.4% STEADY 3.5% DOWN*MACKAY $345 DOWN* $250 DOWN* $350 DOWN* 4.6% DOWN 4.3% UP*ROCKHAMPTON $300 DOWN* $230 DOWN* $300 DOWN* 5.1% STEADY 2.9% DOWN*TOOWOOMBA $300 UP $240 UP $295 UP* 4.6% DOWN 4.5% DOWN*TOWNSVILLE $320 DOWN* $265 DOWN $330 DOWN* 4.9% STEADY 5.5% DOWN*


BRISBANE MARKET UPDATES

RENTAL MARKET

At the end of September, Brisbane recorded a vacancy rate of 2.3 per cent, relatively unchanged since the end of June. Brisbane’s middle to outer suburbs (5 to 20km from the CBD) recorded a slight easing in vacancy levels, up 0.3 percentage points to two per cent at the end of September. Inner Brisbane saw vacancies drop to 2.9 per cent.

Despite the result, there continues to be concern about the number of new units coming onto the inner city market and its impact on the rental market.

Analysis of figures from the RTA show the number of bonds held for unit tenancies increased by nearly 7000 bonds across the inner Brisbane zones since the end of September 2010, when the first of the developments were completed. This suggests that at this stage the additional supply is being absorbed.

Over the longer term, agents are expecting to see softening rents and increased use of rental incentives, rather than a continued over supply in the market.

HOUSES

166

770

1840

235 161

784

1900

274

<$350,000 $350,000+ $500,000+ $1m+

BRISBANE CITY HOUSE SALES (p) JUN 14 SEP 14

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

1154 1157

472

18

1272 1256

480

21

<$350,000 $350,000+ $500,000+ $1m+

BRISBANE SURROUNDS HOUSE SALES (p)

JUN 14 SEP 14INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND


65

480 548

84 66

575 516

101

<$350,000 $350,000+ $500,000+ $1m+

GOLD COAST HOUSE SALES (p)

JUN 14 SEP 14


79

440

346

37 76

443 373

43

<$350,000 $350,000+ $500,000+ $1m+

SUNSHINE COAST & NOOSA HOUSE SALES (p)

JUN 14 SEP 14


139

41 9

182

39 7

<$350,000 $350,000+ $500,000+

BUNDABERG HOUSE SALES (p) JUN 14 SEP 14


146 193

64

208

265

95

<$350,000 $350,000+ $500,000+

CAIRNS & DOUGLAS HOUSE SALES (p)

JUN 14 SEP 14


185

41 14

194

46 6

<$350,000 $350,000+ $500,000+

FRASER COAST HOUSE SALES (p) JUN 14 SEP 14


43

55

18

48 59

14

<$350,000 $350,000+ $500,000+

GLADSTONE HOUSE SALES (p)

JUN 14 SEP 14


167 174

47

255

183

49

<$350,000 $350,000+ $500,000+

TOWNSVILLE HOUSE SALES (p) JUN 14 SEP 14


56

84

31

64

94

30

<$350,000 $350,000+ $500,000+

MACKAY HOUSE SALES (p) JUN 14 SEP 14


153

68

20

163

69

26

<$350,000 $350,000+ $500,000+

ROCKHAMPTON & LIVINGSTONE HOUSE SALES (p)

JUN 14 SEP 14


294

184

60

296

208

56

<$350,000 $350,000+ $500,000+

TOOWOOMBA HOUSE SALES (p)

JUN 14 SEP 14

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. UNITS

57

363

860

454

45 62

384

875

508

54

<$250,000 $250,000+ $350,000+ $500,000+ $1m+

BRISBANE CITY UNIT SALES (p) JUN 14 SEP 14


197

260

111

46 5

260 282

132

51 5

<$250,000 $250,000+ $350,000+ $500,000+ $1m+

BRISBANE SURROUNDS UNIT SALES (p)



273

520 451

290

36

296

560 457

276

59

<$250,000 $250,000+ $350,000+ $500,000+ $1m+

GOLD COAST UNIT SALES (p) JUN 14 SEP 14


105

197 177

105

27

108

203 194

112

21

<$250,000 $250,000+ $350,000+ $500,000+ $1m+

SUNSHINE COAST & NOOSA UNIT SALES (p) JUN 14 SEP 14


9 8

2 2

19

10

4

0

<$250,000 $250,000+ $350,000+ $500,000+

BUNDABERG UNIT SALES (p) JUN 14 SEP 14


137

63

17 14

222

81

33 19

<$250,000 $250,000+ $350,000+ $500,000+

CAIRNS & DOUGLAS UNIT SALES (p) JUN 14 SEP 14


21

15

4 3

21

12

6

0

<$250,000 $250,000+ $350,000+ $500,000+

FRASER COAST UNIT SALES (p) JUN 14 SEP 14


6 6 6

3 3 4

6

3

<$250,000 $250,000+ $350,000+ $500,000+

GLADSTONE UNIT SALES (p) JUN 14 SEP 14


60

47

21 13

55

40

14 11

<$250,000 $250,000+ $350,000+ $500,000+

TOWNSVILLE UNIT SALES (p) JUN 14 SEP 14


10 7 5 3

18

33

10 10

<$250,000 $250,000+ $350,000+ $500,000+

MACKAY UNIT SALES (p)

JUN 14 SEP 14


9

13 11

6

13 13

18

7

<$250,000 $250,000+ $350,000+ $500,000+

ROCKHAMPTON & LIVINGSTONE UNIT SALES (p)

JUN 14 SEP 14


43 36

18 7

38

62

14 5

<$250,000 $250,000+ $350,000+ $500,000+

TOOWOOMBA UNIT SALES (p)

JUN 14 SEP 14

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. LAND

43 40 40 31 29

57 49

24

<$250,000 $250,000+ $350,000+ $500,000+

BRISBANE CITY LAND SALES (p)

JUN 14 SEP 14


379

71 36

3

341

59 22 9

<$250,000 $250,000+ $350,000+ $500,000+

BRISBANE SURROUNDS LAND SALES (p)

JUN 14 SEP 14Includes IPSWICH, LOGAN, MORETON BAY & REDLAND


88

33

8 16

102

28 10 10

<$250,000 $250,000+ $350,000+ $500,000+

GOLD COAST LAND SALES (p)

JUN 14 SEP 14


71

35

21 10

46

21 15

8

<$250,000 $250,000+ $350,000+ $500,000+

SUNSHINE COAST & NOOSA LAND SALES (p)

JUN 14 SEP 14


40

1 0

49

2 0

<$250,000 $250,000+ $350,000+

BUNDABERG LAND SALES (p)

JUN 14 SEP 14


56

9 1

81

16 4

<$250,000 $250,000+ $350,000+

CAIRNS & DOUGLAS LAND SALES (p)

JUN 14 SEP 14


57

0 0

62

3 0

<$250,000 $250,000+ $350,000+

FRASER COAST LAND SALES (p)

JUN 14 SEP 14


16

0 1

14

1 1

<$250,000 $250,000+ $350,000+

GLADSTONE LAND SALES (p)

JUN 14 SEP 14


41

6 1

28

1 3

<$250,000 $250,000+ $350,000+

MACKAY LAND SALES (p)

JUN 14 SEP 14


52

5 0

77

5 0

<$250,000 $250,000+ $350,000+

ROCKHAMPTON & LIVINGSTONE LAND SALES (p)

JUN 14 SEP 14


24

2 2

60

3 4

<$250,000 $250,000+ $350,000+

TOOWOOMBA LAND SALES (p)

JUN 14 SEP 14


84

5 2

106

6 4

<$250,000 $250,000+ $350,000+

TOWNSVILLE LAND SALES (p)

JUN 14 SEP 14


BRISBANE CITYOver the September quarter the Brisbane City local government area (LGA) once again recorded an increase in sales activity. It also saw strong growth in its annual median sale prices for both houses and units compared to a year ago. The capital city is firmly moving into a rising market, with strong volumes recorded across all price points.

The strong price growth seen in the Sydney and Melbourne residential property markets puts Brisbane in a healthy position to reap the benefits of increased interstate investment. Investors and home buyers alike are looking north of the border for more affordable housing options in a capital city that has some capital growth still to come.

HOUSE MARKET

Brisbane’s house market continues to lead the rest of the state out of the recovery stage, with sales volumes continuing to grow along with strengthening buyer demand. This is evident in the continued improvement in average days on market and average vendor discounting, both of which have edged down since the end of June.

Brisbane remains the fastest selling major region with an average of 57 days over the year to August, while the rate of average vendor discounting over the period also remains the lowest for the state at 5.5 per cent.

According to local agents listings are still hard to come by in some areas, particularly in the sub-$500,000 bracket. This was evident in the price point results for the quarter which saw the sub-$350,000 and sub-$500,000 segments record only small increases in preliminary sales volumes, while healthy increases were seen in the upper two price points.

A further indicator that the Brisbane house market is getting into full swing is that the increase in sales activity is not concentrated in any one pocket or zone from the CBD. Strong growth in sales volumes over the quarter was recorded in the likes of Mount Gravatt East, Woolloongabba, Carseldine and Salisbury.

UNIT MARKET

Brisbane’s unit market also continues to perform strongly, with sales volumes up seven per cent over the September quarter. The median sale price was relatively steady over the quarter, however the annual median was up a healthy five per cent compared to a year ago and up 9.1 per cent compared to five years ago.

According to local agents, there is strong activity in the new unit and townhouse market across the city, with a number of new developments still coming onto the market. These include high rise units in inner Brisbane, to townhouse complexes scattered across the middle-to-outer suburbs.

Similar to the house market, activity at the affordable end of the market wasn’t as strong as sales in the upper price points.

7 SEPTEMBER QUARTER 2014


SALES MARKET - HOUSES

SUBURB NUMBER OF SALES

MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE

SALES MARKET - HOUSES (CONT’D)


MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE

BRISBANE CITY (LGA) 3,283 $580,000 0.9% $570,500 8.7% 18.9%

BRISBANE CITY (LGA) ^ 84 $922,500 6.0% $892,500 5.0% 5.0%

ACACIA RIDGE 20 $355,750 6.2% $330,000 8.2% 1.1%

ALBION 4 N/A N/A $670,000 N/A N/A

ALDERLEY 17 $720,000 4.6% $655,000 5.2% 13.2%

ALGESTER 28 $470,000 3.8% $445,000 7.2% 14.1%

ANNERLEY ~ 22 $645,000 -6.9% $650,000 20.4% 24.4%

ASCOT ~ 12 $927,500 -21.7% $1,300,000 38.2% 39.0%

ASHGROVE 41 $755,000 0.4% $782,500 3.6% 24.5%

ASPLEY 36 $554,000 3.9% $520,000 8.3% 14.9%

AUCHENFLOWER 13 $878,000 N/A $892,550 11.6% 16.7%

BALD HILLS 22 $380,000 -0.3% $380,000 7.6% 1.5%

BALMORAL ~ 21 $1,042,500 12.1% $876,250 5.6% 24.5%

BANYO 23 $439,000 4.9% $430,000 2.4% 12.6%

BARDON ~ 34 $822,000 -9.0% $828,000 10.4% 23.6%

BELLBOWRIE 7 N/A N/A $465,000 8.6% 6.3%

BELMONT 13 $507,000 N/A $567,500 9.1% 6.1%

BOONDALL 27 $425,200 0.0% $422,500 3.6% 3.6%

BRACKEN RIDGE 55 $420,000 1.8% $418,000 2.1% 2.0%

BRIDGEMAN DOWNS ~ 15 $646,000 -7.4% $703,000 7.3% 13.4%

BRIGHTON 38 $442,000 0.5% $440,000 10.0% 15.8%

BULIMBA ~ 21 $1,000,000 -11.9% $1,100,000 19.1% 42.3%

CALAMVALE 42 $552,500 -6.0% $555,000 7.4% 15.6%

CAMP HILL ~ 49 $716,500 6.6% $716,500 10.5% 26.8%

CANNON HILL ~ 23 $740,000 5.7% $667,000 16.5% 37.1%

CARINA 29 $563,500 5.3% $549,000 11.8% 19.1%

CARINA HEIGHTS 20 $570,000 N/A $580,000 10.5% 19.5%

CARINDALE 55 $725,000 1.2% $708,856 8.2% 12.7%

CARSELDINE 29 $557,500 -0.4% $540,000 4.3% 9.6%

CHAPEL HILL 39 $672,500 2.0% $670,000 11.7% 11.7%

CHELMER ~ f 11 $762,500 -37.2% $800,000 -8.8% 3.2%

CHERMSIDE 30 $577,500 1.3% $520,000 13.5% 18.2%

CHERMSIDE WEST 25 $520,000 9.0% $485,000 12.7% 11.5%

CLAYFIELD ~ 17 $770,000 -18.9% $887,500 9.0% 18.3%

COOPERS PLAINS 10 $452,500 -5.3% $465,099 8.5% 17.2%

COORPAROO 37 $730,000 1.4% $698,750 8.7% 18.9%

CORINDA 14 $541,725 N/A $556,000 6.9% -5.8%

DARRA 20 $369,500 4.1% $348,000 12.3% 3.9%

DEAGON ~ 17 $386,500 -8.0% $385,000 0.9% 6.9%

DOOLANDELLA 8 N/A N/A $400,000 -2.9% 14.6%

DREWVALE 8 N/A N/A $475,500 1.4% 6.1%

DURACK 14 $370,100 6.8% $368,000 15.0% 8.2%

EAST BRISBANE 19 $730,000 0.3% $725,000 6.1% 16.9%

EIGHT MILE PLAINS 40 $650,000 2.4% $650,000 11.1% 22.1%

ENOGGERA 15 $573,750 0.7% $580,000 11.1% 17.4%

EVERTON PARK 31 $512,500 -2.2% $513,000 8.0% 19.3%

FAIRFIELD ~ 10 $662,500 -5.4% $650,000 18.2% 11.6%

FERNY GROVE ~ 12 $499,000 -13.2% $525,000 4.0% 9.4%

FIG TREE POCKET ~ 12 $722,500 -11.9% $870,000 15.2% 23.4%

FITZGIBBON 15 $435,180 4.5% $415,750 8.0% 1.4%

FOREST LAKE 90 $400,000 -4.5% $398,000 4.7% 7.0%

GAYTHORNE 4 N/A N/A $575,000 3.9% 19.7%

GEEBUNG ~ 18 $472,500 -0.7% $475,500 19.2% 16.0%

GORDON PARK ~ 15 $759,250 2.9% $746,500 23.1% 36.6%

GRACEVILLE ~ 20 $570,000 -12.4% $680,500 -8.7% 8.8%

GRANGE ~ 13 $743,000 -13.6% $758,000 13.1% 14.1%

GREENSLOPES ~ 26 $577,000 -9.8% $613,250 5.0% 22.0%

HAMILTON ~ 12 $900,000 3.2% $985,000 -10.5% -15.5%

HAWTHORNE ~ 19 $1,050,000 -7.4% $990,000 13.8% 41.4%

HEATHWOOD 15 $511,400 N/A $529,500 -8.1% 6.4%

HEMMANT 7 N/A N/A $413,500 7.4% 4.0%

HENDRA ~ 33 $755,000 -13.2% $812,000 10.5% 19.4%

HIGHGATE HILL 8 N/A N/A $850,000 10.4% 17.9%

HOLLAND PARK 29 $602,500 0.8% $590,000 11.2% 20.4%

HOLLAND PARK WEST 18 $611,444 1.0% $575,000 4.9% 13.9%

INALA 43 $310,000 6.9% $292,250 5.9% 0.8%

INDOOROOPILLY ~ 33 $789,500 16.1% $740,000 7.6% 22.5%

JAMBOREE HEIGHTS 6 N/A N/A $440,000 6.0% 6.3%

JINDALEE 22 $485,000 0.4% $484,250 4.9% 7.6%

KANGAROO POINT ~ 9 N/A N/A $758,625 18.1% 16.7%

KARANA DOWNS 12 $362,500 N/A $376,000 -3.3% -5.1%

KARANA DOWNS ^ 8 N/A N/A $460,000 2.2% 1.1%

KEDRON ~ 35 $629,000 -1.7% $625,000 15.5% 30.2%

KELVIN GROVE ~ 14 $642,000 -10.0% $685,000 7.0% 14.2%

KENMORE 30 $607,500 7.5% $573,500 5.3% 14.8%

KENMORE HILLS 2 N/A N/A $650,000 N/A -10.0%

KEPERRA 20 $458,000 4.3% $441,000 6.3% 6.5%

KURABY 12 $585,000 5.7% $576,500 8.3% 18.4%

LOTA 12 $530,000 1.0% $518,000 0.6% 13.5%

LUTWYCHE 10 $720,000 N/A $720,000 7.9% 24.1%

MACGREGOR ~ 19 $670,000 8.9% $617,000 10.6% 27.2%

MACKENZIE 3 N/A N/A $667,500 7.7% N/A

MANLY ~ 14 $663,000 N/A $678,500 18.0% 19.0%

MANLY WEST 37 $492,500 1.8% $489,000 2.7% 4.0%

MANSFIELD ~ 31 $534,500 -8.6% $545,000 13.0% 20.5%

MCDOWALL 18 $585,500 -0.7% $580,750 4.6% 14.8%

MIDDLE PARK 13 $512,750 -5.0% $525,000 6.7% 8.7%

MITCHELTON 35 $577,500 6.7% $545,000 6.9% 17.7%

MOGGILL 12 $490,000 -4.9% $508,500 4.0% 9.4%

MOOROOKA 37 $549,999 0.0% $532,500 5.4% 18.3%

MORNINGSIDE 32 $671,000 8.4% $639,000 9.2% 21.1%

MOUNT CROSBY ^ 6 N/A N/A $545,000 6.6% 4.8%

MOUNT GRAVATT 13 $553,750 -0.1% $557,500 10.6% 18.9%

MOUNT GRAVATT EAST 47 $560,500 3.8% $555,000 15.6% 26.0%

MOUNT OMMANEY 5 N/A N/A $780,000 N/A N/A

MURARRIE ~ * 18 $555,000 N/A $546,250 17.0% 21.4%

NEW FARM ~ 22 $1,250,000 -3.8% $1,250,000 16.3% 43.3%

NEWMARKET ~ 21 $740,000 -17.7% $731,250 4.5% 17.9%

NORMAN PARK ~ 21 $689,500 -10.6% $790,000 16.3% 23.4%

NORTHGATE 25 $590,000 -4.8% $572,500 4.1% 17.1%

NUDGEE 11 $556,350 -2.4% $556,500 5.0% 23.3%

NUNDAH 20 $697,850 -1.4% $650,000 5.7% 24.4%

OXLEY 25 $462,500 -2.6% $468,690 4.2% 11.6%

PADDINGTON ~ 32 $882,500 -0.8% $930,000 19.0% 37.7%

PARKINSON 30 $600,000 9.6% $567,500 9.1% 19.5%

PULLENVALE ^ 6 N/A N/A $923,750 -5.7% -3.0%

RED HILL 24 $780,000 6.8% $745,000 12.5% 14.6%

RIVERHILLS 14 $432,500 0.1% $433,500 4.7% 6.8%

ROBERTSON 6 N/A N/A $741,940 7.5% 21.6%

ROCKLEA ~ 5 N/A N/A $357,000 17.0% -2.2%

RUNCORN ~ 28 $458,000 -11.6% $468,800 6.7% 15.2%

SALISBURY 32 $479,000 -4.2% $487,500 11.8% 17.5%

SANDGATE ~ 22 $535,000 13.6% $572,500 12.3% 23.7%

SEVEN HILLS ~ 15 $665,000 -7.3% $631,000 1.6% 17.8%

SEVENTEEN MILE ROCKS ~ 12 $540,000 10.8% $655,000 37.3% 44.0%

SHERWOOD ~ 22 $685,000 -11.0% $709,000 2.5% 4.3%

SINNAMON PARK 14 $577,625 N/A $585,250 3.6% 2.2%

SPRING HILL ~ 8 N/A N/A $922,500 19.0% N/A

ST LUCIA ~ 10 $1,180,000 30.0% $1,000,000 3.0% 16.3%

STAFFORD 14 $575,500 5.6% $530,000 15.2% 20.2%

STAFFORD HEIGHTS 27 $528,000 7.2% $510,000 12.1% 17.2%

STRETTON 21 $710,500 5.3% $719,500 9.6% 12.4%

SUNNYBANK 50 $627,750 4.5% $600,000 12.0% 20.0%

SUNNYBANK HILLS ~ 58 $591,500 -4.9% $580,000 16.1% 31.2%

TAIGUM 11 $480,000 N/A $455,000 6.8% 8.3%

TARINGA 10 $824,000 N/A $820,000 9.8% 15.2%

TARRAGINDI 42 $614,000 3.5% $600,000 7.1% 17.6%

THE GAP 58 $607,500 9.5% $570,000 0.8% 13.9%

TINGALPA 21 $460,000 -1.7% $460,000 5.5% 9.7%

TOOWONG ~ 22 $850,000 25.9% $737,500 8.5% 18.0%

UPPER KEDRON 15 $540,000 0.0% $540,000 2.9% 2.9%

UPPER MOUNT GRAVATT 36 $512,000 -5.6% $535,000 15.1% 23.8%

VIRGINIA 19 $527,500 7.7% $495,000 15.1% 15.8%

WAKERLEY ~ 38 $603,500 -7.9% $655,000 1.6% 19.1%

WAVELL HEIGHTS 38 $590,000 2.6% $572,500 10.1% 19.3%

WEST END ~ 12 $1,012,000 6.5% $980,000 16.0% 35.7%

WESTLAKE ~ 16 $621,944 11.1% $635,000 9.5% 16.8%

WILSTON ~ 13 $747,500 -13.0% $825,000 0.6% 13.0%



SALES MARKET - UNITS & TOWNHOUSES

SALES MARKET - UNITS & TOWNHOUSES (CONT’D)


MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE

WINDSOR 18 $690,000 N/A $685,000 -1.1% 14.2%

WISHART 22 $573,000 1.3% $562,000 3.6% 15.9%

WOOLLOONGABBA ~ 23 $649,000 N/A $665,000 20.6% 19.8%

WOOLOOWIN ~ 14 $670,000 -1.7% $776,000 11.7% 28.3%

WYNNUM 55 $572,500 8.5% $527,500 1.0% 14.3%

WYNNUM WEST 39 $470,000 -4.1% $470,000 11.2% 6.2%

YERONGA ~ 18 $720,000 10.8% $675,500 6.4% 0.1%

ZILLMERE 34 $388,275 -1.8% $405,000 9.5% 9.8%

BRISBANE CITY (LGA) 1,964 $420,000 0.6% $420,000 5.0% 9.1%

ACACIA RIDGE 21 $348,000 N/A $348,000 N/A N/A

ALBION ~ * 8 N/A N/A $445,000 -24.0% 12.7%

ALDERLEY * t 22 $507,500 N/A $437,500 3.9% 21.7%

ALGESTER 4 N/A N/A $308,500 2.8% -3.3%

ANNERLEY 39 $431,500 -3.0% $430,000 13.5% 19.4%

ASCOT 17 $431,000 -3.4% $430,000 12.9% 13.2%

ASHGROVE 13 $447,500 3.9% $460,000 9.5% 19.0%

ASPLEY 12 $390,500 -2.1% $388,000 8.4% 7.8%

AUCHENFLOWER 20 $468,750 -0.6% $472,000 2.8% 10.0%

BALMORAL ~ 9 N/A N/A $462,750 -12.3% 10.8%

BARDON 5 N/A N/A $541,500 N/A 11.6%

BOONDALL 18 $394,000 0.0% $394,000 N/A N/A

BOWEN HILLS * 23 $465,000 10.2% $451,250 15.0% 7.4%

BRISBANE CITY ~ * 112 $472,000 -10.1% $500,000 7.6% 16.3%

BULIMBA 13 $587,500 4.9% $566,000 -0.5% 9.4%

CALAMVALE 35 $358,800 3.1% $364,950 -0.8% 1.8%

CARINA 19 $410,250 3.9% $429,500 4.8% 3.5%

CARINA HEIGHTS 16 $459,000 2.0% $458,000 6.5% 4.1%

CARINDALE 5 N/A N/A $420,000 -2.3% -19.5%

CARSELDINE 5 N/A N/A $392,000 1.8% 8.9%

CHERMSIDE 18 $399,500 2.3% $400,000 3.2% -2.3%

CLAYFIELD 53 $382,500 -6.9% $390,000 10.3% 9.6%

COOPERS PLAINS 4 N/A N/A $384,000 -7.2% N/A

COORPAROO 60 $377,500 -5.9% $387,000 3.8% 9.6%

CORINDA 5 N/A N/A $374,000 2.5% -13.2%

DOOLANDELLA - N/A N/A $348,500 N/A N/A

DURACK 4 N/A N/A $349,000 -0.6% N/A

DUTTON PARK 4 N/A N/A $500,000 -4.8% N/A

EAST BRISBANE 15 $445,000 6.0% $407,500 -4.1% 7.2%

EIGHT MILE PLAINS 26 $386,000 4.6% $385,000 1.3% 5.2%

ELLEN GROVE 4 N/A N/A $346,000 0.0% 3.3%

ENOGGERA 7 N/A N/A $400,000 -3.6% 1.3%

EVERTON PARK * t 30 $419,000 -1.4% $412,500 3.7% 20.4%

FAIRFIELD * 5 N/A N/A $355,000 -13.4% -17.9%

FORTITUDE VALLEY ~ * 68 $464,000 -7.2% $445,000 6.0% 11.7%

GAYTHORNE 11 $408,500 N/A $410,000 0.0% 17.0%

GORDON PARK 9 N/A N/A $364,000 1.1% 7.1%

GREENSLOPES 29 $391,000 9.7% $373,750 10.6% 2.5%

HAMILTON ~ * 32 $545,000 11.2% $511,000 -1.7% 16.1%

HAWTHORNE 8 N/A N/A $505,000 10.4% 17.7%

HENDRA 2 N/A N/A $500,000 N/A N/A

HERSTON ~ 4 N/A N/A $437,500 N/A 22.9%

HIGHGATE HILL ~ 11 $390,000 -20.4% $510,000 -1.0% 15.3%

HOLLAND PARK WEST 5 N/A N/A $377,500 N/A 6.0%

INDOOROOPILLY 29 $431,000 2.1% $470,000 9.7% 10.5%

KANGAROO POINT ~ 62 $445,000 -7.9% $490,000 3.2% 16.7%

KEDRON ~ 13 $384,000 13.8% $355,000 7.7% 8.6%

KELVIN GROVE 36 $459,000 -2.3% $473,000 -5.2% 5.3%

KURABY 4 N/A N/A $297,000 2.4% -4.3%

LUTWYCHE ~ * 11 $421,000 25.7% $410,000 -7.9% 21.5%

MANLY WEST 10 $340,000 N/A $355,000 -11.2% -9.7%

MCDOWALL 3 N/A N/A $405,000 3.8% -0.5%

MILTON ~ 9 N/A N/A $443,000 -15.6% -9.0%

MOOROOKA 17 $397,500 4.6% $370,000 -1.1% 11.4%

MORNINGSIDE 45 $476,750 -1.9% $471,000 8.1% 9.5%

MOUNT GRAVATT EAST 18 $381,750 0.2% $395,000 -4.6% 11.3%

NEW FARM * 70 $555,500 3.6% $560,000 10.5% 21.7%

NEWMARKET 4 N/A N/A $453,500 13.4% 14.5%

NEWSTEAD ~ f 13 $875,000 3.6% $767,500 17.5% 48.9%

NORMAN PARK 10 $382,000 N/A $507,500 11.5% 8.4%

NORTHGATE 12 $397,500 N/A $375,250 2.3% 1.4%

NUNDAH 47 $365,000 -2.8% $429,000 4.9% 3.4%

PADDINGTON ~ 15 $538,000 11.0% $485,211 -8.4% 11.4%

PARKINSON ~ 2 N/A N/A $306,000 -22.1% -5.8%

RED HILL 5 N/A N/A $407,250 N/A 6.6%

RICHLANDS 8 N/A N/A $337,500 0.1% N/A

ROCHEDALE - N/A N/A $399,000 3.1% N/A

RUNCORN 32 $328,500 1.9% $337,000 0.3% 2.1%

SHERWOOD 7 N/A N/A $445,000 6.0% 4.4%

SOUTH BRISBANE * 34 $460,000 -3.2% $515,000 14.6% 28.8%

SPRING HILL 40 $420,500 -3.3% $387,500 2.0% 0.4%

ST LUCIA 34 $478,000 9.9% $470,000 -0.3% 5.3%

STAFFORD 7 N/A N/A $395,000 -2.8% 9.7%

SUNNYBANK HILLS 14 $366,500 N/A $345,150 7.9% -2.8%

TAIGUM ~ t 23 $361,500 -6.1% $385,000 19.6% 13.8%

TARINGA ~ 37 $430,000 12.3% $417,000 3.0% 5.6%

TENERIFFE 53 $624,000 -2.9% $620,000 12.1% 15.9%

TENNYSON ~ 3 N/A N/A $960,000 20.0% -24.4%

THE GAP 6 N/A N/A $449,500 3.3% 8.0%

TINGALPA 13 $345,000 N/A $329,500 3.0% 2.6%

TOOWONG 56 $450,000 5.1% $457,500 1.7% 18.8%

UPPER MOUNT GRAVATT * t 20 $517,500 N/A $451,000 28.9% 15.6%

WAKERLEY 6 N/A N/A $413,000 -4.6% N/A

WAVELL HEIGHTS 5 N/A N/A $432,000 N/A -1.6%

WEST END ~ * 40 $529,000 -13.3% $514,000 -2.1% -5.9%

WINDSOR 16 $405,000 5.2% $395,000 -11.0% 15.8%

WISHART 13 $390,000 6.6% $376,000 7.4% 7.4%

WOOLLOONGABBA 14 $395,000 -2.5% $399,000 -5.0% -2.8%

WOOLOOWIN 13 $347,000 N/A $362,500 0.8% 8.5%

WYNNUM 5 N/A N/A $370,000 2.1% 2.5%

WYNNUM WEST * t 11 $307,500 -22.0% $359,000 0.0% 15.8%

YEERONGPILLY 8 N/A N/A $410,000 8.2% -1.0%

YERONGA * t 18 $537,500 40.7% $435,500 1.9% 5.3%

ZILLMERE 19 $335,000 0.5% $340,000 -6.8% -2.0%

Direct Connect makes moving easy for your customers by arranging their utility connections and other moving solutions. We invite you to experience the difference with us today.

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RENTAL MARKET - 3 BED HOUSESPOST SEP-14 SEP-13

CODE LOCALITYL $/WEEK NEW BONDS $/WEEK NEW BONDS



RENTAL MARKET - 2 BED UNITS

SALES MARKET - VACANT LAND


MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE

BRISBANE CITY (LGA) 159 $335,000 -0.2% $320,000 10.3% 17.6%

BRISBANE CITY (LGA) ^ 16 $587,500 N/A $680,000 -35.4% 51.1%

BRIDGEMAN DOWNS ~ 7 N/A N/A $402,500 13.4% 32.0%

BRIGHTON 12 $274,500 N/A $278,000 N/A N/A

CARINDALE ~ 4 N/A N/A $460,000 -11.5% N/A

CARSELDINE 3 N/A N/A $334,000 2.5% 19.3%

FITZGIBBON ~ 16 $170,700 0.2% $194,900 15.4% N/A

HEATHWOOD 7 N/A N/A $265,000 N/A 11.3%

KURABY 3 N/A N/A $328,875 0.4% 2.8%

MCDOWALL 2 N/A N/A $355,000 N/A N/A

MOGGILL 7 N/A N/A $255,000 4.1% 8.5%

OXLEY 4 N/A N/A $285,000 0.0% 16.3%

ROCHEDALE 3 N/A N/A $415,000 8.4% N/A

UPPER KEDRON 3 N/A N/A $324,750 7.9% N/A

BRISBANE CITY $400 4474 $395 4311

BAYSIDE $340 37 $340 43

4178 WYNNUM $330 26 $350 33

4179 MANLY $430 11 $285 10

CITY INNER $495 1925 $490 1718

4000 BRISBANE CITY $590 358 $600 249

4005 NEW FARM $495 300 $500 302

4006 BOWEN HILLS $495 279 $500 250

4064 PADDINGTON $405 64 $385 74

4066 TOOWONG $415 248 $400 189

4067 ST LUCIA $430 110 $430 126

4101 WEST END $500 289 $515 270

4102 WOOLOONGABBA $460 101 $390 71

4169 EAST BRISBANE $465 176 $495 185

NORTH - INNER $360 855 $360 829

4007 ASCOT $395 136 $410 147

4010 ALBION $390 29 $415 30

4011 CLAYFIELD $355 131 $350 125

4012 NUNDAH $375 220 $375 190

4030 LUTWYCHE $340 125 $340 134

4031 GORDON PARK $330 74 $320 72

4051 ALDERLEY $340 140 $350 130

NORTH - OUTER $350 241 $340 254

4013 NORTHGATE $300 27 $285 23

4014 VIRGINIA $275 8 $335 8

4017 BRACKEN RIDGE $300 22 $270 26

4018 FITZGIBBON $330 5 $335 10

4032 CHERMSIDE $375 102 $350 111

4034 ASPLEY $350 77 $350 75

NORTH WEST - INNER $400 156 $399 177

4059 KELVIN GROVE $430 106 $400 126

4060 ASHGROVE $380 40 $425 41

4065 BARDON $300 10 $350 10

NORTH WEST - OUTER $370 95 $370 103

4053 STAFFORD $370 91 $390 99

SOUTH - INNER $365 444 $350 437

4103 ANNERLEY $350 113 $345 99

4104 YERONGA $370 37 $350 47

4105 MOOROOKA $350 69 $350 76

4120 GREENSLOPES $370 104 $360 92

4121 HOLLAND PARK $340 35 $340 40

4122 MANSFIELD $390 84 $385 83

BRISBANE CITY $415 2932 $410 2927

BAYSIDE $410 151 $395 143

4178 WYNNUM $400 82 $400 72

4179 MANLY $420 69 $395 71

CITY INNER $530 231 $540 251

4000 BRISBANE CITY $555 28 $550 12

4005 NEW FARM $700 7 $615 24

4006 BOWEN HILLS $520 11 $540 10

4064 PADDINGTON $540 51 $550 48

4066 TOOWONG $500 49 $520 45

4067 ST LUCIA $180 10 $415 19

4101 WEST END $530 26 $575 39

4102 WOOLOONGABBA $470 20 $490 24

4169 EAST BRISBANE $545 29 $530 30

NORTH - INNER $450 302 $450 313

4007 ASCOT $575 13 $525 17

4010 ALBION $550 6 $500 13

4011 CLAYFIELD $500 36 $525 38

4012 NUNDAH $435 64 $440 71

4030 LUTWYCHE $470 47 $470 46

4031 GORDON PARK $430 46 $440 50

4051 ALDERLEY $450 89 $450 78

NORTH - OUTER $390 419 $385 418

4013 NORTHGATE $380 16 $395 11

4014 VIRGINIA $380 36 $395 40

4017 BRACKEN RIDGE $380 141 $380 132

4018 FITZGIBBON $390 26 $390 36

4032 CHERMSIDE $400 48 $395 60

4034 ASPLEY $390 133 $390 118

4036 BALD HILLS $365 19 $355 21

NORTH WEST - INNER $500 121 $500 108

4059 KELVIN GROVE $500 51 $550 39

4060 ASHGROVE $475 32 $450 32

4065 BARDON $500 38 $500 37

NORTH WEST - OUTER $420 220 $400 237

4053 STAFFORD $415 139 $400 144

4054 ARANA HILLS $400 41 $400 54

4061 THE GAP $460 40 $435 39

SOUTH - INNER $425 320 $415 355

4103 ANNERLEY $450 31 $455 48

4104 YERONGA $440 14 $450 22

4105 MOOROOKA $420 47 $400 51

4120 GREENSLOPES $450 18 $450 30

4121 HOLLAND PARK $430 80 $425 65

4122 MANSFIELD $400 129 $400 137

SOUTH - OUTER $380 371 $380 312

4106 ROCKLEA $360 14 $365 6

4107 SALISBURY $395 29 $390 25

4108 COOPERS PLAINS $380 32 $355 18

4109 MACGREGOR $400 107 $395 99

4110 ACACIA RIDGE $340 54 $340 66

4112 KURABY $390 9 $370 12

4113 EIGHT MILE PLAINS $385 83 $390 50

4115 ALGESTER $370 19 $370 15

4116 CALAMVALE $390 24 $390 21

SOUTH EAST - INNER $450 293 $450 272

4151 COORPAROO $450 26 $480 43

4152 CAMP HILL $450 117 $440 95

4170 CANNON HILL $450 97 $450 85

4171 BALMORAL $550 36 $590 36

4172 MURARRIE $430 17 $400 13

SOUTH EAST - OUTER $410 56 $400 39

4153 BELMONT $400 8 $440 6

4154 GUMDALE $530 7 N.A. 4

4173 TINGALPA $410 30 $400 20

4174 HEMANT $370 8 $390 7

SOUTH WEST - INNER $430 108 $420 109

4068 CHELMER $450 42 $450 48

4075 CORINDA $420 66 $395 61

SOUTH WEST - OUTER $360 340 $355 370

4069 BROOKFIELD $450 40 $440 48

4073 SEVENTEEN MILE ROCKS $400 15 $420 17

4074 JINDALEE $380 54 $385 68

4076 DARRA $340 27 $330 32

4077 DOOLANDELLA $320 73 $310 97

4078 FOREST LAKE $350 127 $350 99



RENTAL MARKET - 2 BED UNITS (CONT’D)POST SEP-14 SEP-13


RENTAL MARKET - 3 BED TOWNHOUSESPOST SEP-14 SEP-13


DID YOU KNOW?

YOU CAN GET MEDIAN WEEKLY RENTS FOR OTHER PROPERTY TYPES ONLINE AT

WWW.RTA.QLD.GOV.AU

BRISBANE CITY $405 1653 $405 1495

BAYSIDE $400 91 $390 110

4178 WYNNUM $400 53 $390 60

4179 MANLY $390 38 $390 50

CITY INNER $600 66 $600 62

4006 BOWEN HILLS $625 13 $625 11

4064 PADDINGTON $600 14 $600 10

4066 TOOWONG $550 11 $560 12

4067 ST LUCIA $575 9 $620 8

4101 WEST END $750 7 $690 6

4169 EAST BRISBANE $550 8 $490 5

NORTH - INNER $470 96 $475 82

4007 ASCOT $550 9 $590 8

4011 CLAYFIELD $500 12 $500 8

4012 NUNDAH $450 18 $460 17

4030 LUTWYCHE $495 8 $450 9

4031 GORDON PARK $450 19 $465 20

4051 ALDERLEY $450 28 $480 20

NORTH - OUTER $380 236 $385 173

4013 NORTHGATE $410 12 $475 14

4017 BRACKEN RIDGE $365 34 $365 31

4018 FITZGIBBON $296 66 $375 40

4032 CHERMSIDE $430 22 $425 32

4034 ASPLEY $395 93 $385 46

4036 BALD HILLS $294 9 $280 10

NORTH WEST - INNER $500 20 $560 22

4059 KELVIN GROVE $500 13 $599 13

NORTH WEST - OUTER $425 51 $410 54

4053 STAFFORD $425 41 $410 43

4054 ARANA HILLS $400 7 $370 7

SOUTH - INNER $440 155 $435 138

4103 ANNERLEY $490 27 $500 27

4104 YERONGA $480 17 $460 14

4105 MOOROOKA $450 23 $400 12

4120 GREENSLOPES $495 15 $475 15

4121 HOLLAND PARK $460 7 $430 14

4122 MANSFIELD $420 66 $415 56

SOUTH - OUTER $390 396 $390 348

4107 SALISBURY $495 7 $410 7

4109 MACGREGOR $405 63 $410 66

4110 ACACIA RIDGE $340 41 $335 7

4112 KURABY $380 18 $365 12

4113 EIGHT MILE PLAINS $400 149 $400 136

4115 ALGESTER $380 31 $380 37

4116 CALAMVALE $385 85 $380 80

SOUTH EAST - INNER $485 209 $480 200

4151 COORPAROO $495 8 $500 14

4152 CAMP HILL $450 96 $450 87

4170 CANNON HILL $500 69 $500 62

4171 BALMORAL $540 30 $600 29

4172 MURARRIE $475 6 $485 8

SOUTH EAST - OUTER $410 55 $415 68

4153 BELMONT $420 7 $430 21

4154 GUMDALE $410 30 $410 33

4173 TINGALPA $385 17 $390 14

SOUTH WEST - INNER $420 76 $420 54

4068 CHELMER $485 25 $500 16

4075 CORINDA $400 51 $400 38

SOUTH WEST - OUTER $360 202 $350 184

4073 SEVENTEEN MILE ROCKS $400 11 $410 8

4074 JINDALEE $435 19 $400 19

4076 DARRA $375 28 N.A. 4

4077 DOOLANDELLA $355 103 $350 117

4078 FOREST LAKE $355 38 $355 30

SOUTH - OUTER $320 58 $320 68

4106 ROCKLEA $250 6 $275 6

4108 COOPERS PLAINS $250 6 $320 7

4109 MACGREGOR $390 24 $350 41

4110 ACACIA RIDGE $310 5 N.A. 4

4113 EIGHT MILE PLAINS $340 5 N.A. 4

4115 ALGESTER $300 6 N.A. 2

SOUTH EAST - INNER $380 387 $370 394

4151 COORPAROO $360 152 $365 160

4152 CAMP HILL $360 30 $350 34

4170 CANNON HILL $395 88 $360 89

4171 BALMORAL $435 114 $410 107

SOUTH WEST - INNER $370 251 $385 264

4068 CHELMER $375 212 $390 220

4075 CORINDA $335 39 $350 44

SOUTH WEST - OUTER $325 23 $330 15

4076 DARRA $250 6 N.A. 1

4078 FOREST LAKE $335 10 $335 6

Brisbane’s house market continues to lead the rest of the state out of the recovery stage



GREATER BRISBANE

While Brisbane City’s residential market continues to strengthen, so too do the outer lying areas of Greater Brisbane.

Buyers are looking to the outer areas for affordability reasons but also for lifestyle reasons. Redland City is leading the way with the strongest growth in median sale prices compared to five years ago, while Logan and Moreton Bay are leading the way in terms of sales activity. Ipswich is a tad behind the three other regions, but it too is moving into a rising market with preliminary sales volumes also improving over the quarter.

Many of the outer lying areas are seeing improved infrastructure projects going ahead, such as the Kippa-Ring rail extension in Redcliffe, which will continue to support the increasing population in the region.

And while interstate migration sits at historical lows, many market commentators are tipping this will turn around on the back of increasing house prices in Sydney and Melbourne.

HOUSE MARKET

Over the September quarter, all LGAs within the Brisbane surrounds recorded an increase in preliminary sales numbers. Median house prices remained relatively stable or softened in some areas due to an increase in activity at the affordable end of the market.

Preliminary sales numbers in the sub-$350,000 and sub-$500,000 price points were up 10 and nine per cent respectively, while the upper two price points saw only marginal increases since the end of June.

Average days on market and average vendor discounting for the greater Brisbane area both improved slightly over the three months to September. Redland was the fastest selling region with an average of just 70 days. Market conditions are leaning more in favour of sellers in Moreton Bay, where the average vendor discount is 5.4 per cent, up from 6.8 per cent 12 months ago.

Despite recording the longest days on market and vendor discount for the greater Brisbane area, the Ipswich property market is set to be vastly benefited from improved infrastructure. These include rail upgrades for the South-west rail transport corridor identified by the new Brisbane City Plan.

UNIT MARKET

The unit and townhouse market for the Brisbane surrounds is still somewhat behind the house market, with days on market up around the 100-day mark. Average vendor discounting in some regions is better than that those for house sales.

FALLING


RISING

BRISBANE HOUSE MARKETS September Qtr 2014

Source: REIQ

Brisbane Redland Logan

Moreton Bay Ipswich

FALLING


RISING

QUEENSLAND HOUSE MARKETS September Qtr 2014

Mackay Gladstone Bundaberg Rockhampton Source: REIQ

Brisbane SD Toowoomba Gold Coast Sunsine Coast

Cairns

Fraser Coast Townsville

For example, Redlands units are averaging 5.3 per cent, compared to 5.7 per cent for house sales.

Overall sales volumes are trending upwards and Logan City leading the way, with an increase of 41 per cent over the quarter and a healthy 4.8 per cent increase in median sale price.

Over the year to September, the Ipswich unit market was the star performer with an increase of 14.6 per cent compared to the previous year and up 9.8 per cent compared to five years ago.

RENTAL MARKET

With affordability a key driver of tenant demand, the Greater Brisbane rental market continues to see strong tenant enquiry as more look to the outer suburbs to achieve cheaper rent or more for their money.

As a result, vacancy levels have tightened further with the Brisbane Statistical Division recording a drop of 0.3 percentage points to two per cent at the end of September. It has now returned to the same level recorded at the end of September last year.

The vacancy level for the greater Brisbane area, excluding the Brisbane City LGA, also returned to that recorded 12 months ago, to a 1.7 per cent vacancy rate.

Ipswich and Logan both recorded the largest drop in its vacancy rate, down 1.4 percentage points compared to the end of June, placing both regions into tight market conditions.

Over the September quarter, median weekly rents from the RTA show modest changes across the Greater Brisbane regions, with the exception of two bedroom flats in Redland, which saw an increase of $35 to $310 per week.





MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE

BRISBANE (SD) 6,432 $465,500 -1.0% $470,000 6.8% 13.4%

BRISBANE (SD) ^ 519 $550,000 1.9% $560,000 4.7% 4.7%

IPSWICH CITY (LGA) 568 $300,000 0.0% $306,000 3.2% -2.9%

IPSWICH CITY (LGA) ^ ~ 60 $435,000 -8.7% $455,000 5.8% 2.2%

AUGUSTINE HEIGHTS ~ * 12 $480,000 -11.9% $486,250 -3.7% -10.0%

BELLBIRD PARK ~ 18 $287,620 -10.2% $311,200 -5.1% -5.7%

BOOVAL 16 $258,888 N/A $260,000 0.0% -3.7%

BRASSALL ~ 30 $324,000 13.2% $315,000 1.6% -4.0%

BUNDAMBA ~ * 20 $250,500 -15.4% $275,000 3.4% -3.5%

CAMIRA 24 $335,000 -3.5% $332,320 2.3% -0.8%

COLLINGWOOD PARK 20 $302,500 -3.5% $305,000 2.0% -6.9%

EAST IPSWICH ~ 9 N/A N/A $240,000 -2.4% -13.0%

EASTERN HEIGHTS 15 $275,000 -5.2% $272,500 11.2% -0.9%

FLINDERS VIEW ~ 11 $394,250 11.1% $357,500 10.2% -7.7%

GOODNA 28 $285,000 8.6% $280,000 4.7% -5.1%

IPSWICH ~ 7 N/A N/A $263,000 -6.1% -20.8%

KARALEE ^ 10 $465,000 N/A $510,000 4.1% 10.2%

LEICHHARDT ~ 11 $206,000 -8.0% $215,000 10.3% -12.2%

NEWTOWN 5 N/A N/A $313,500 8.5% -2.9%

NORTH BOOVAL ~ 7 N/A N/A $230,000 -3.0% -15.6%

NORTH IPSWICH ~ 22 $295,000 11.1% $253,100 12.5% -9.9%

ONE MILE 10 $250,000 N/A $230,000 4.5% -6.1%

RACEVIEW 33 $306,500 2.2% $303,000 4.5% -2.3%

REDBANK PLAINS 46 $277,000 -6.1% $295,000 4.2% -4.8%

RIVERVIEW 9 N/A N/A $235,000 N/A -6.9%

ROSEWOOD 10 $271,250 N/A $260,000 4.0% 2.0%

SILKSTONE 15 $250,000 5.9% $265,000 6.0% -3.6%

SPRINGFIELD 22 $388,000 3.1% $378,000 1.1% 1.7%

SPRINGFIELD LAKES 66 $410,000 1.9% $395,000 4.4% 0.8%

TIVOLI 9 N/A N/A $250,000 N/A -5.7%

WOODEND 7 N/A N/A $307,000 7.7% 6.0%

YAMANTO 16 $395,000 4.6% $350,000 4.5% 1.2%

LOGAN CITY (LGA) 818 $341,000 -0.9% $345,000 4.5% 1.4%

LOGAN CITY (LGA) ^ 157 $510,000 5.3% $510,000 6.3% 3.0%

BEENLEIGH 24 $281,500 -1.9% $290,000 1.9% -9.9%

BERRINBA 5 N/A N/A $410,000 N/A 6.8%

BETHANIA 12 $293,500 6.7% $282,250 -1.0% -9.0%

BORONIA HEIGHTS 32 $320,000 -2.3% $315,000 3.3% 1.0%

BROWNS PLAINS ~ 16 $323,051 11.8% $304,500 1.5% -4.1%

CEDAR GROVE ^ 8 N/A N/A $425,000 7.6% 1.2%

CEDAR VALE ^ 7 N/A N/A $430,000 0.8% 3.2%

CORNUBIA ~ 19 $512,000 10.7% $470,000 3.3% 3.9%

CRESTMEAD 54 $297,500 6.3% $290,000 5.4% -4.9%

DAISY HILL ~ 24 $430,500 -8.4% $431,500 11.8% 12.1%

EAGLEBY 35 $245,000 -2.6% $255,000 2.6% -10.8%

EDENS LANDING ~ 21 $320,000 -7.8% $340,000 1.8% -3.5%

FORESTDALE ^ 6 N/A N/A $645,000 -0.4% 10.3%

GREENBANK ^ 27 $539,000 -0.1% $517,500 2.6% 1.1%

HERITAGE PARK 19 $407,000 -5.5% $406,500 8.4% 4.2%

HILLCREST 24 $329,600 8.8% $320,100 0.4% -3.1%

JIMBOOMBA 10 $327,250 N/A $361,000 -4.7% -5.0%

JIMBOOMBA ^ 22 $437,250 -3.9% $460,000 2.2% 3.1%

KINGSTON 38 $267,000 -4.3% $265,000 10.4% -5.7%

LOGAN CENTRAL 18 $268,500 -0.6% $264,000 10.0% -2.9%

LOGAN RESERVE 3 N/A N/A $339,000 N/A N/A

LOGAN VILLAGE ^ 9 N/A N/A $495,000 6.5% 0.5%

LOGANHOLME 30 $358,500 1.6% $358,000 0.0% 3.8%

LOGANLEA 27 $325,000 7.4% $308,500 7.4% 1.1%

MARSDEN 47 $307,350 -6.7% $312,000 6.1% -1.0%

MEADOWBROOK 13 $372,500 N/A $370,000 3.9% -4.1%

MOUNT WARREN PARK 23 $358,000 6.1% $340,000 1.9% -1.4%

MUNRUBEN ^ 5 N/A N/A $515,000 4.0% 6.2%

NEW BEITH ^ 14 $538,500 -4.2% $555,250 6.8% 2.6%

REGENTS PARK 48 $365,000 -1.7% $354,000 1.1% -0.3%

ROCHEDALE SOUTH 50 $430,000 3.6% $425,000 4.9% 9.0%

SHAILER PARK 34 $477,500 -3.0% $478,500 5.7% 6.3%

SLACKS CREEK ~ 29 $316,000 10.9% $295,000 6.8% -1.3%

SPRINGWOOD 24 $435,000 3.6% $438,000 9.5% 9.5%

TANAH MERAH 11 $388,000 2.1% $395,000 9.7% -1.0%

UNDERWOOD 23 $482,000 -2.6% $478,250 6.3% 21.8%

WATERFORD 18 $352,500 N/A $355,000 5.3% -10.7%

WATERFORD WEST 19 $340,500 8.4% $314,000 11.3% -1.7%

WINDAROO 13 $430,000 N/A $417,000 10.5% 7.6%

WOODRIDGE 38 $268,500 1.3% $260,000 10.6% -2.6%

YARRABILBA 9 N/A N/A $396,500 N/A N/A

MORETON BAY (LGA) 1,275 $382,250 -1.4% $390,000 4.0% 4.0%

MORETON BAY (LGA) ^ 189 $557,500 2.3% $560,000 3.7% 1.8%

ALBANY CREEK 42 $505,000 8.7% $500,000 3.7% 5.8%

ARANA HILLS 28 $457,750 -6.6% $455,755 3.3% 6.0%

BANKSIA BEACH 20 $502,500 7.6% $466,000 1.3% -0.5%

BEACHMERE 17 $330,000 9.6% $317,500 12.2% -3.8%

BELLARA 16 $328,000 N/A $328,000 0.9% 0.2%

BELLMERE 29 $335,000 6.3% $325,000 -0.9% -8.8%

BONGAREE ~ 31 $350,000 -18.6% $397,500 9.7% 6.0%

BRAY PARK 36 $370,000 2.1% $365,000 7.4% 0.6%

BUNYA ^ 9 N/A N/A $726,000 N/A N/A

BURPENGARY 34 $360,000 -2.2% $357,000 5.0% -0.1%

BURPENGARY ^ 12 $545,000 0.0% $530,000 1.9% 1.0%

BURPENGARY EAST 1 N/A N/A $397,000 N/A N/A

BURPENGARY EAST ^ 7 N/A N/A $530,000 8.2% 6.0%

CABOOLTURE 62 $278,500 -2.3% $287,000 4.4% -4.2%

CABOOLTURE ^ 14 $465,000 -1.3% $451,000 2.5% -0.2%

CABOOLTURE SOUTH ~ 22 $300,000 16.1% $275,000 9.6% -3.5%

CASHMERE 10 $650,000 N/A $617,125 7.7% 10.2%

CLONTARF 33 $389,000 2.6% $375,000 11.9% 4.3%

DAKABIN 4 N/A N/A $425,000 N/A N/A

DECEPTION BAY 76 $305,000 0.8% $300,000 5.6% -5.4%

EATONS HILL 24 $548,000 5.8% $534,000 4.1% 5.5%

ELIMBAH ^ 9 N/A N/A $480,000 0.0% -3.0%

EVERTON HILLS 14 $468,500 -5.7% $485,000 6.8% 14.4%

FERNY HILLS 31 $460,000 -1.5% $463,500 4.2% 9.1%

GRIFFIN 8 N/A N/A $432,500 6.5% 8.8%

KALLANGUR 68 $352,000 4.6% $341,000 6.6% -1.9%

KIPPA-RING 33 $370,000 -4.8% $375,000 7.1% 3.3%

LAWNTON 24 $352,000 N/A $338,500 2.3% -0.4%

MANGO HILL 20 $457,387 2.3% $435,500 2.1% -3.2%

MARGATE 29 $385,000 -5.2% $375,000 7.4% 6.4%

MORAYFIELD 68 $315,450 1.8% $310,000 6.7% -6.1%

MORAYFIELD ^ 18 $521,250 3.7% $520,000 7.2% -0.5%

MURRUMBA DOWNS 30 $439,500 -5.1% $450,000 5.9% 8.4%

NARANGBA 60 $403,500 1.5% $420,000 0.7% -1.1%

NEWPORT 14 $792,500 N/A $810,000 12.1% 4.2%

NINGI 10 $316,000 N/A $352,000 4.7% 14.3%

NINGI ^ 7 N/A N/A $480,000 1.9% -0.1%

NORTH LAKES 108 $438,000 -2.7% $449,250 3.3% 2.1%

PETRIE 35 $369,500 2.4% $370,000 4.5% -0.1%

REDCLIFFE 44 $383,000 2.3% $377,000 10.9% 7.4%

ROTHWELL 20 $391,000 5.0% $385,000 8.5% 2.7%

SAMFORD VALLEY ^ 11 $861,250 N/A $861,250 8.3% 11.1%

SANDSTONE POINT 9 N/A N/A $370,000 0.3% -5.1%

SCARBOROUGH ~ f 40 $490,000 13.3% $479,500 15.5% 16.7%

STRATHPINE ~ 20 $330,000 -13.2% $355,000 8.9% 2.9%

UPPER CABOOLTURE 6 N/A N/A $315,000 -0.3% -7.4%

UPPER CABOOLTURE ^ 4 N/A N/A $507,500 2.5% N/A

WAMURAN ^ 13 $520,000 N/A $488,750 5.4% -0.3%

WARNER 31 $476,750 0.4% $470,000 2.2% 5.6%

WARNER ^ 2 N/A N/A $690,000 N/A N/A

WOODY POINT 21 $420,000 9.4% $387,500 2.5% 5.3%

WOORIM 6 N/A N/A $400,000 -3.6% -7.0%

REDLAND (LGA) 488 $468,000 -0.2% $465,000 3.3% 5.7%

REDLAND (LGA) ^ ~ 29 $802,000 -3.4% $795,000 6.0% 1.9%

ALEXANDRA HILLS 51 $406,000 -0.9% $410,000 5.1% 3.8%

BIRKDALE 46 $492,250 2.6% $481,250 4.6% 8.1%

CAPALABA 47 $421,000 -4.3% $425,000 4.9% 6.5%





MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE




MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE

HOUSES

166

770

1840

235 161

784

1900

274

<$350,000 $350,000+ $500,000+ $1m+



1154 1157

472

18

1272 1256

480

21

<$350,000 $350,000+ $500,000+ $1m+




65

480 548

84 66

575 516

101

<$350,000 $350,000+ $500,000+ $1m+


JUN 14 SEP 14


79

440

346

37 76

443 373

43

<$350,000 $350,000+ $500,000+ $1m+


JUN 14 SEP 14


139

41 9

182

39 7

<$350,000 $350,000+ $500,000+



146 193

64

208

265

95

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


185

41 14

194

46 6

<$350,000 $350,000+ $500,000+



43

55

18

48 59

14

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


167 174

47

255

183

49

<$350,000 $350,000+ $500,000+



56

84

31

64

94

30

<$350,000 $350,000+ $500,000+



153

68

20

163

69

26

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


294

184

60

296

208

56

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


57

363

860

454

45 62

384

875

508

54

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



197

260

111

46 5

260 282

132

51 5

<$250,000 $250,000+ $350,000+ $500,000+ $1m+




273

520 451

290

36

296

560 457

276

59

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



105

197 177

105

27

108

203 194

112

21

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



9 8

2 2

19

10

4

0

<$250,000 $250,000+ $350,000+ $500,000+



137

63

17 14

222

81

33 19

<$250,000 $250,000+ $350,000+ $500,000+



21

15

4 3

21

12

6

0

<$250,000 $250,000+ $350,000+ $500,000+



6 6 6

3 3 4

6

3

<$250,000 $250,000+ $350,000+ $500,000+



60

47

21 13

55

40

14 11

<$250,000 $250,000+ $350,000+ $500,000+



10 7 5 3

18

33

10 10

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


9

13 11

6

13 13

18

7

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


43 36

18 7

38

62

14 5

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


CAPALABA ^ 5 N/A N/A $830,000 2.5% 9.9%

CLEVELAND 51 $504,500 5.7% $513,500 2.5% 3.8%

COOCHIEMUDLO ISLAND 5 N/A N/A $297,500 N/A N/A

MACLEAY ISLAND ~ 16 $205,000 3.0% $205,000 -6.8% -14.6%

MOUNT COTTON ~ 11 $429,000 -7.7% $469,000 2.3% 3.1%

ORMISTON 24 $557,500 2.3% $549,000 -6.2% -2.8%

REDLAND BAY 62 $499,000 -4.2% $499,000 5.6% 3.4%

RUSSELL ISLAND ~ 13 $170,000 15.3% $175,000 -4.2% -23.9%

THORNESIDE 14 $444,000 -5.5% $437,500 8.3% 7.2%

THORNLANDS 37 $500,250 -0.9% $511,585 0.3% -1.7%

VICTORIA POINT 64 $472,500 1.6% $467,725 3.9% 3.9%

WELLINGTON POINT 39 $517,500 1.5% $520,000 2.0% 4.0%

SURROUNDS

LOCKYER VALLEY (LGA) 40 $248,750 1.5% $245,500 2.3% -6.4%

LOCKYER VALLEY (LGA) ^ 81 $330,000 1.1% $340,000 3.7% 3.0%

GATTON 25 $255,750 1.6% $258,500 3.4% -7.3%

KENSINGTON GROVE ^ 9 N/A N/A $361,500 15.9% 1.4%

LAIDLEY ~ 9 N/A N/A $212,500 -3.4% -15.2%

LAIDLEY HEIGHTS ^ 10 $290,000 N/A N/A N/A N/A

PLAINLAND ^ 5 N/A N/A $343,000 5.5% 8.9%

REGENCY DOWNS ^ 7 N/A N/A $305,000 4.5% -4.7%

WITHCOTT ^ 6 N/A N/A $361,250 0.6% 12.9%

SCENIC RIM (LGA) ~ 49 $336,250 -5.3% $350,000 2.9% 2.9%

SCENIC RIM (LGA) ^ ~ 66 $515,000 8.2% $480,000 10.3% 6.7%

BEAUDESERT 10 $324,500 4.7% $318,750 4.5% 7.1%

BOONAH 7 N/A N/A $270,000 1.9% -3.6%

KOORALBYN ^ 4 N/A N/A $315,000 1.0% -3.1%

TAMBORINE ^ ~ 17 $550,000 11.7% $532,500 8.1% 10.9%

TAMBORINE MOUNTAIN 21 $450,000 7.8% $435,000 11.0% -1.1%

TAMBORINE MOUNTAIN ^ 8 N/A N/A $585,000 -9.9% N/A

SOMERSET (LGA) 37 $259,500 -1.1% $254,000 5.8% 3.7%

SOMERSET (LGA) ^ 52 $382,500 -1.9% $379,500 11.6% 10.0%

ESK 5 N/A N/A $238,000 N/A N/A

FERNVALE 6 N/A N/A $337,000 N/A -2.6%

KILCOY ~ 8 N/A N/A $238,000 N/A -11.9%

LOWOOD ~ 9 N/A N/A $258,000 -14.0% 9.8%

LOWOOD ^ 1 N/A N/A $323,750 N/A 6.1%

TOOGOOLAWAH 4 N/A N/A $206,500 N/A 8.4%

BRISBANE (SD) 2,716 $384,900 -1.3% $390,000 4.0% 8.3%

IPSWICH CITY (LGA) ~ t 73 $242,000 -16.5% $288,700 14.6% 9.8%

BRASSALL 7 N/A N/A $248,000 N/A -10.5%

BUNDAMBA 6 N/A N/A $290,000 N/A N/A

GOODNA * t 14 $310,000 0.0% $310,000 N/A 31.9%

REDBANK PLAINS * t 5 N/A N/A $219,000 -14.3% -22.5%

LOGAN CITY (LGA) 263 $241,000 4.8% $248,000 -4.2% -5.3%

BEENLEIGH ~ t 15 $190,000 12.4% $176,700 -1.8% -25.0%

BORONIA HEIGHTS 6 N/A N/A $200,000 N/A N/A

EAGLEBY * t 12 $210,000 N/A $260,000 -13.6% -14.0%

HILLCREST 4 N/A N/A $216,250 N/A N/A

KINGSTON 25 $310,000 N/A $295,000 N/A 0.0%

LOGAN CENTRAL 9 N/A N/A $170,000 5.3% -11.6%

MARSDEN 14 $334,000 N/A $330,000 -0.3% -5.7%

MEADOWBROOK 6 N/A N/A $252,000 N/A -12.7%

MOUNT WARREN PARK 5 N/A N/A $197,500 N/A -10.2%

ROCHEDALE SOUTH 6 N/A N/A $270,500 2.7% -3.4%

SHAILER PARK 14 $259,000 N/A $263,000 -4.4% -10.1%

SLACKS CREEK 16 $205,000 -2.8% $200,000 5.3% -16.3%

SPRINGWOOD 7 N/A N/A $260,500 5.5% -7.0%

UNDERWOOD 13 $377,000 N/A $380,000 -1.2% 4.4%

WATERFORD WEST 9 N/A N/A $195,000 N/A -12.8%

WOODRIDGE 37 $183,000 -1.5% $182,000 4.0% -11.2%

MORETON BAY (LGA) 319 $319,450 -0.2% $330,000 6.5% 3.6%

ARANA HILLS 7 N/A N/A $350,000 -8.1% 2.9%

BANKSIA BEACH 9 N/A N/A $357,000 4.5% -6.1%

BONGAREE 21 $270,000 N/A $289,500 0.7% -7.7%

BRENDALE ~ t 19 $274,500 -0.2% $320,000 20.8% 14.3%

BURPENGARY 9 N/A N/A $270,000 N/A -3.6%

CABOOLTURE ~ t 22 $145,000 -47.3% $199,500 -13.3% -31.2%

CLONTARF * 12 $436,250 N/A $431,000 28.7% 23.3%

DECEPTION BAY ~ t 20 $311,900 41.8% $269,000 3.5% 3.9%

GRIFFIN 4 N/A N/A $354,000 0.4% N/A

KALLANGUR 22 $331,000 7.4% $329,000 13.4% 0.2%

KIPPA-RING 6 N/A N/A $266,500 9.0% -20.0%

LAWNTON 11 $237,000 N/A $220,000 8.6% -14.4%

MANGO HILL 3 N/A N/A $355,000 0.0% N/A

MARGATE ~ 9 N/A N/A $372,500 20.6% -2.0%

MURRUMBA DOWNS 10 $349,000 N/A $351,450 0.4% 13.7%

NORTH LAKES 19 $359,000 0.0% $359,000 0.8% N/A

REDCLIFFE ~ 41 $316,000 -7.1% $345,000 -1.4% 0.0%

ROTHWELL 6 N/A N/A $292,500 N/A -8.2%

SCARBOROUGH 19 $410,000 8.6% $390,000 4.0% -1.3%

STRATHPINE 5 N/A N/A $254,750 3.1% -9.3%

WOODY POINT 10 $297,500 N/A $317,500 -9.3% -13.5%

REDLAND CITY (LGA) 97 $356,750 6.5% $350,000 4.5% 3.9%

CAPALABA ~ t 27 $275,000 -15.0% $312,000 8.3% 3.1%

CLEVELAND ~ 25 $400,000 -5.9% $415,000 18.6% 1.2%

ORMISTON 11 $365,000 N/A $350,000 -9.0% 4.9%

THORNESIDE 8 N/A N/A $311,000 14.3% 1.0%

VICTORIA POINT 10 $355,000 N/A $350,000 13.8% 7.9%





MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE

SALES MARKET - VACANT LAND (CONT’D)


MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



IPSWICH CITY $300 797 $295 782

4300 AUGUSTINE HEIGHTS $340 217 $330 201

4301 COLLINGWOOD PARK $310 119 $300 95

4303 DINMORE $270 26 $270 23

4304 BLACKSTONE $280 83 $280 89

4305 BASIN POCKET $280 273 $275 286

4306 AMBERLEY $330 53 $299 56

4340 ASHWELL $265 24 $300 25

LOGAN CITY $340 980 $335 928

4114 KINGSTON $315 177 $315 149

4117 BERRINBA $340 8 $340 7

4118 BROWNS PLAINS $340 106 $340 93

4119 UNDERWOOD $395 15 $375 21

4123 PRIESTS GULLY $380 43 $380 56

4124 BORONIA HEIGHTS $350 45 $325 51

4125 MUNRUBEN $430 7 $400 10

4127 CHATSWOOD HILLS $360 103 $350 102

4128 KIMBERLEY PARK $385 35 $375 34

4129 LOGANDALE $355 29 $350 21

4130 CARBROOK $385 14 $370 11

4131 LOGANLEA $350 41 $325 30

4132 CRESTMEAD $325 90 $325 84

4133 CHAMBERS FLAT $350 28 $350 41

4205 BETHANIA $330 18 $310 21

4207 ALBERTON $330 195 $320 170

4280 JIMBOOMBA $400 26 $395 27

MORETON BAY REGIONAL $340 1059 $330 1108

4019 CLONTARF $360 89 $350 101

4020 NEWPORT $360 73 $340 89

4021 KIPPA-RING $350 30 $350 29

4022 ROTHWELL $320 24 $320 16

4035 ALBANY CREEK $400 17 $410 24

4055 BUNYA $410 30 $410 34

4500 BRAY PARK $350 78 $350 71

4501 LAWNTON $330 23 $340 16

4502 FRENCHS FOREST $350 30 $350 26

4503 DAKABIN $350 107 $350 101

4504 NARANGBA $320 30 $330 36

4505 BURPENGARY $340 22 $312 39

4506 MOORINA $295 54 $290 60

4507 BANKSIA BEACH $335 44 $320 60

4508 DECEPTION BAY $305 106 $300 86

LAND

43 40 40 31 29

57 49

24

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


379

71 36

3

341

59 22 9

<$250,000 $250,000+ $350,000+ $500,000+




88

33

8 16

102

28 10 10

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


71

35

21 10

46

21 15

8

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


40

1 0

49

2 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


56

9 1

81

16 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


57

0 0

62

3 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


16

0 1

14

1 1

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


41

6 1

28

1 3

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


52

5 0

77

5 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


24

2 2

60

3 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


84

5 2

106

6 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


BRISBANE (SD) 590 $215,000 -0.3% $215,000 4.9% 1.2%

BRISBANE (SD) ^ 83 $273,000 1.1% $265,000 -0.6% 3.9%

IPSWICH CITY (LGA) 78 $168,177 -3.9% $179,000 3.5% 5.3%

IPSWICH CITY (LGA) ^ 16 $244,500 N/A $249,000 N/A 4.4%

AUGUSTINE HEIGHTS ~ 5 N/A N/A $243,700 18.3% 9.7%

BELLBIRD PARK 7 N/A N/A $197,000 6.5% N/A

BRASSALL 7 N/A N/A $180,000 5.9% 3.3%

BUNDAMBA 0 N/A N/A $169,950 11.1% 4.4%

DEEBING HEIGHTS 8 N/A N/A $164,225 9.5% N/A

GOODNA ~ 5 N/A N/A $170,000 -8.1% 0.0%

KARALEE ^ 5 N/A N/A $255,000 N/A N/A

LEICHHARDT 3 N/A N/A $167,500 N/A N/A

RACEVIEW 3 N/A N/A $172,000 5.5% 4.2%

REDBANK PLAINS 10 $165,000 N/A $141,000 -1.0% -16.6%

SPRINGFIELD LAKES ~ 16 $152,000 -5.0% $188,000 7.4% 12.6%

LOGAN CITY (LGA) ~ 89 $188,000 -3.6% $176,000 -9.7% -14.1%

LOGAN CITY (LGA) ^ 24 $280,000 6.1% $260,000 5.1% 13.5%

BUCCAN ^ 10 $290,000 N/A $295,000 N/A N/A

CORNUBIA 6 N/A N/A $345,000 1.5% N/A

HOLMVIEW ~ * 0 N/A N/A $166,850 -9.7% -20.5%

JIMBOOMBA 10 $185,000 N/A $177,000 1.1% N/A

JIMBOOMBA ^ 3 N/A N/A $227,750 10.7% 20.5%

LOGAN RESERVE ~ 10 $138,000 -8.8% $155,000 0.0% N/A

LOGAN VILLAGE 3 N/A N/A $249,000 N/A N/A

MARSDEN 4 N/A N/A $182,500 -1.4% -3.4%

NEW BEITH ^ 2 N/A N/A $274,000 5.4% 13.2%

UNDERWOOD 3 N/A N/A $370,000 2.8% 13.8%

WATERFORD ~ 21 $170,000 -10.5% $175,500 -3.6% -2.0%

YARRABILBA 8 N/A N/A $150,500 -1.1% N/A

MORETON BAY (LGA) 140 $210,825 -1.9% $214,180 4.5% 4.5%

MORETON BAY (LGA) ^ 27 $272,000 4.6% $265,000 -3.6% -7.0%

BANKSIA BEACH 5 N/A N/A $422,500 -1.7% -8.2%

BRAY PARK 3 N/A N/A $204,500 1.7% -7.0%

BURPENGARY 4 N/A N/A $212,900 1.4% N/A

CABOOLTURE ~ 18 $187,000 8.4% $175,250 -2.6% -5.3%

CABOOLTURE ^ 4 N/A N/A $255,000 -1.9% N/A

D'AGUILAR 2 N/A N/A $161,000 N/A N/A

DAKABIN 18 $200,500 N/A $200,000 1.5% N/A

GRIFFIN 20 $214,525 0.2% $214,025 4.4% 5.7%

MANGO HILL 11 $218,000 -3.1% $228,000 6.0% -2.9%

MORAYFIELD 6 N/A N/A $172,000 0.0% -9.5%

NARANGBA 6 N/A N/A $206,105 3.8% -7.5%

NINGI ~ * 4 N/A N/A $184,900 N/A -18.1%

NORTH LAKES ~ * 9 N/A N/A $234,910 11.9% 16.9%

WAMURAN ^ 2 N/A N/A $235,000 N/A -4.1%

WARNER 19 $222,000 -3.0% $225,500 0.2% -0.7%

REDLAND CITY (LGA) ~ B 124 $51,000 -27.1% $233,000 275.8% -2.1%

BIRKDALE 6 N/A N/A $310,397 N/A 3.5%

CLEVELAND 2 N/A N/A $300,000 N/A -2.9%

MACLEAY ISLAND ~ 32 $33,500 11.7% $28,000 -3.4% -53.3%

MOUNT COTTON 4 N/A N/A $262,000 4.8% 6.9%

REDLAND BAY 17 $285,000 N/A $285,000 8.0% 7.5%

RUSSELL ISLAND ~ 39 $20,000 0.0% $20,000 0.0% -55.6%

THORNLANDS ~ 13 $299,000 8.7% $298,000 9.6% 20.2%

WELLINGTON POINT 3 N/A N/A $353,738 7.2% 5.6%

SURROUNDS

LOCKYER VALLEY (LGA) 32 $100,000 0.0% $100,000 N/A -13.0%

LOCKYER VALLEY (LGA) ^ 30 $127,500 2.0% $129,500 12.6% -1.9%

LAIDLEY NORTH 25 $100,000 0.0% $100,000 0.0% N/A

WITHCOTT ^ 6 N/A N/A $148,000 N/A N/A

SCENIC RIM (LGA) 8 N/A N/A $179,500 0.0% -3.5%

SCENIC RIM (LGA) ^ 12 N/A N/A $230,000 N/A 38.6%

GLENEAGLE 4 N/A N/A $178,500 -0.6% 6.0%

SOMERSET (LGA) 12 N/A N/A $135,000 0.0% 3.9%

FERNVALE 8 N/A N/A $145,000 5.1% 10.3%



RENTAL MARKET - 3 BED HOUSES (CONT’D)POST SEP-14 SEP-13



RENTAL MARKET - 2 BED UNITS (CONT’D)POST SEP-14 SEP-13


4509 MANGO HILL $380 78 $370 83

4510 BALINGOOL $285 162 $280 143

4511 GODWIN BEACH $335 28 $300 27

4514 BELLTHORPE $300 12 $300 28

4520 ARMSTRONG CREEK $450 8 $400 14

4521 CAMPBELLS POCKET $410 7 $340 12

REDLAND CITY $380 361 $380 383

4157 CAPALABA $400 30 $385 39

4158 THORNESIDE $360 9 $360 10

4159 AQUATIC PARADISE $395 25 $385 26

4160 EROBIN $390 39 $400 35

4161 ALEXANDRA HILLS $390 47 $390 54

4163 CLEVELAND $420 50 $410 34

4164 PINKLANDS $395 21 $410 13

4165 MOUNT COTTON $395 61 $400 85

4183 AMITY $310 6 $350 9

4184 COOCHIEMUDLO ISLAND $245 73 $240 78

LOCKYER VALLEY REGIONAL $270 116 $275 100

4341 BLENHEIM $270 41 $280 41

4342 CROWLEY VALE $270 18 $265 9

4343 ADARE $275 49 $265 39

4344 CARPENDALE $260 6 $290 8

SCENIC RIM REGIONAL $300 94 $300 153

4271 EAGLE HEIGHTS $380 7 $355 12

4272 MOUNT TAMBORINE $360 17 $380 25

4275 BENOBBLE $360 6 $375 8

4285 ALLENVIEW $290 36 $290 69

4309 ARATULA $245 8 $260 7

4310 ALLANDALE $265 13 $270 17

SOMERSET REGIONAL $280 63 $270 70

4311 ATKINSONS DAM $260 27 $270 26

4312 BRYDEN $280 13 $220 13

4515 GLENFERN $300 20 $285 19

IPSWICH CITY $250 171 $250 157



4304 BLACKSTONE $245 29 $240 19

4305 BASIN POCKET $240 64 $240 78

4306 AMBERLEY $225 12 N.A. 3

LOGAN CITY $260 200 $260 209

4114 KINGSTON $260 58 $255 62

4127 CHATSWOOD HILLS $300 18 $330 17

4128 KIMBERLEY PARK $290 6 N.A. 3

4132 CRESTMEAD $260 8 $255 5

4133 CHAMBERS FLAT $250 11 $240 17

4207 ALBERTON $250 76 $250 70

4280 JIMBOOMBA $270 8 $265 12


4019 CLONTARF $270 81 $270 68

4020 NEWPORT $290 80 $270 78

4021 KIPPA-RING $275 15 $280 7

4500 BRAY PARK $300 44 $285 27

4501 LAWNTON $280 17 $260 6

4503 DAKABIN $280 53 $285 33

4504 NARANGBA $217 7 N.A. 1

4505 BURPENGARY $230 9 $260 6

4506 MOORINA $250 13 $250 15

4507 BANKSIA BEACH $280 56 $255 53

4508 DECEPTION BAY $264 20 $240 18

4509 MANGO HILL $315 15 $315 15

4510 BALINGOOL $250 102 $250 72

REDLAND CITY $330 71 $330 65

4157 CAPALABA $325 13 $325 8

4158 THORNESIDE $305 7 N.A. 3

4163 CLEVELAND $368 34 $365 35

LOCKYER VALLEY REGIONAL $200 16 $210 24

4343 ADARE $225 11 $240 14

SCENIC RIM REGIONAL $220 30 $200 32

4272 MOUNT TAMBORINE $275 5 N.A. 2

4285 ALLENVIEW $210 20 $200 23

RENTAL MARKET - 3 BED TOWNHOUSESIPSWICH CITY $310 142 $305 105



4304 BLACKSTONE $305 37 $305 18

4305 BASIN POCKET $305 28 $300 27

LOGAN CITY $335 432 $330 437

4114 KINGSTON $315 49 $325 54

4118 BROWNS PLAINS $350 47 $340 59

4119 UNDERWOOD $410 36 $315 31

4123 PRIESTS GULLY $340 8 $330 10

4127 CHATSWOOD HILLS $315 38 $315 37

4128 KIMBERLEY PARK $340 15 $320 9

4130 CARBROOK $375 6 N.A. 4

4131 LOGANLEA $350 23 $350 47

4132 CRESTMEAD $345 50 $330 43

4133 CHAMBERS FLAT $315 22 $300 10

4205 BETHANIA $340 31 $0 0

4207 ALBERTON $320 105 $310 130


4019 CLONTARF $350 12 $350 14

4020 NEWPORT $340 12 $365 14

4021 KIPPA-RING $330 38 $330 53

4022 ROTHWELL $330 5 $310 5

4035 ALBANY CREEK $385 8 $380 13

4500 BRAY PARK $335 29 $335 64

4501 LAWNTON $330 11 $340 9

4502 FRENCHS FOREST $330 15 $276 20

4503 DAKABIN $340 174 $335 155

4504 NARANGBA $345 6 $330 21

4505 BURPENGARY $310 20 $310 21

4506 MOORINA $310 17 $310 17

4508 DECEPTION BAY $310 56 $310 50

4509 MANGO HILL $350 89 $345 64

4510 BALINGOOL $295 10 $290 9

4511 GODWIN BEACH $335 5 N.A. 4

REDLAND CITY $390 92 $385 83

4157 CAPALABA $360 19 $385 11

4158 THORNESIDE $390 12 $375 5

4160 EROBIN $395 8 $395 13

4163 CLEVELAND $435 32 $385 25

4165 MOUNT COTTON $395 13 $385 19

LOCKYER VALLEY REGIONAL N.A. 9 N.A. 3

4343 ADARE $290 8 N.A. 1


REGIONAL MARKET UPDATES

GOLD COASTThe Gold Coast real estate market is firmly into a new growth phase as the city’s economy gathers strength on the back of major infrastructure projects and an improving tourism market.

The light rail project linking Southport to Broadbeach has delivered an important boost to the tourist centre, with the Pacific Fair Shopping Centre upgrade and preparations for the 2018 Commonwealth Games also contributing to a more positive economic outlook.

House sale volumes on the Gold Coast rose seven per cent in the three months to September, with unit sales also increasing by five per cent. During the same period, acreage sales were up four per cent.

Houses are selling quicker on the Gold Coast, with average days on market down to 72 days in the September quarter, compared to 96 days 12 months earlier.

Average vendor discounting on the Gold Coast Coast is also trending downwards, currently sitting at six per cent in September 2013, compared to 11.6 per cent in September 2004.

HOUSE MARKET

The northern rim of the Gold Coast is recording strong sales volumes, as are a number of hinterland suburbs. Both contributed to the region’s impressive rise in sales in the September quarter.

Those to record the biggest increase in quarterly sales included Upper Coomera (116 per cent), Helensvale (63 per cent) and Robina (63 per cent).

According to local agents this sales growth has been underpinned by job-creating developments in the region and a return of confidence in the tourism market.

Despite rising sales volumes, median house prices on the Gold Coast eased 3.9 per cent to $495,000 in the three months to September. This is the result of higher sale volumes as the lower end of the market and a fall in the number of $500,000-plus sales.

REIQ’S price point data confirms this, with the highest number of preliminary sales numbers recorded in the $350,000-plus bracket. Sales also rose slightly in the $250,000-plus price bracket.

However, sale volumes in the $500,000-plus price bracket were down 5.8 per cent in the three months to September, with million-dollar plus sales also picking up on much smaller volumes.

Some suburbs recorded impressive price growth over the quarter, however, such as Runaway Bay (40.1 per cent), Clear Island Waters (22.2 per cent), and Paradise Point (13.3 per cent).

UNIT MARKET

The Gold Coast unit and townhouse market recorded a five per cent increase in sale volumes in the three months to September.

Median unit prices on the Gold Coast eased 2.9 per cent during this period to $340,000. While units priced up to $500,000 saw an increase in sales, volumes in the $500,000-plus price bracket were down.

Local agents say there are still good opportunities in the high rise market, with many properties being quickly picked off by investors. In the past month, investor activity in the apartment/unit market has reportedly been very strong.

Sales volumes were also up in the luxury end of the market, with 59 apartments priced upwards of $1 million changing hands, up from 36 in the June quarter.

Suburbs to record strong price growth over the quarter included Coolangatta (25.7 per cent) and Coombabah (15.6 per cent).

RENTAL MARKET

According to the REIQ’s latest rental survey, rental conditions on the Gold Coast remain tight amid a shortage of supply.

The Gold Coast recorded a vacancy rate of 1.9 per cent at the end of September, with median weekly rents remaining stable over the September quarter.

Local agents say the higher rental yields available on the Gold Coast are attracting an increasing number of interstate investors. It’s hoped increased investor activity will add to the supply of available rental stock.

http://www.stgeorge.com.au/personal/home-loans

17





MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE

GOLD COAST CITY (LGA) ~ 1,316 $495,000 -3.9% $500,000 5.5% 6.4%

GOLD COAST CITY (LGA) ^ 129 $680,000 0.3% $670,000 4.7% 0.8%

ARUNDEL 23 $460,000 -3.2% $470,000 1.1% 1.1%

ASHMORE 27 $486,500 4.6% $480,000 11.0% 4.3%

BENOWA 24 $700,000 -3.5% $700,000 3.7% 0.7%

BIGGERA WATERS 21 $553,000 N/A $555,000 14.4% 7.2%

BONOGIN ^ ~ 11 $656,000 11.2% $590,000 2.5% -4.8%

BROADBEACH WATERS ~ 37 $777,500 -8.7% $810,000 13.3% -4.7%

BUNDALL ~ f 20 $845,000 10.5% $775,000 7.3% -6.0%

BURLEIGH HEADS 16 $651,250 2.2% $613,000 13.9% 13.5%

BURLEIGH WATERS 46 $580,000 -6.8% $580,000 9.4% 6.7%

CARRARA 27 $475,000 -2.1% $460,000 4.8% 4.5%

CLEAR ISLAND WATERS ~ f 16 $977,500 22.2% $836,250 16.0% 1.2%

COOMBABAH 28 $420,000 7.7% $399,500 1.1% -2.6%

COOMERA 14 $369,000 -0.3% $362,500 2.1% -10.6%

CURRUMBIN ~ f 3 N/A N/A $742,500 33.8% N/A

CURRUMBIN WATERS ~ 15 $465,000 -7.9% $503,000 4.0% 5.9%

ELANORA ~ 33 $485,000 -8.3% $515,000 7.3% 6.4%

GILSTON 6 N/A N/A $468,750 N/A 0.3%

HELENSVALE 70 $502,000 4.4% $480,000 7.1% 1.1%

HIGHLAND PARK 19 $435,000 8.6% $425,000 4.9% 3.7%

HOLLYWELL 7 N/A N/A $540,000 3.0% 5.4%

HOPE ISLAND ~ f 15 $500,000 -14.3% $527,500 12.2% 5.5%

JACOBS WELL 10 $407,500 N/A N/A N/A N/A

LABRADOR 35 $415,000 -5.7% $430,000 11.7% 3.3%

MAUDSLAND 7 N/A N/A $460,000 6.4% 8.2%

MERMAID BEACH ~ f 14 $1,099,000 N/A $935,000 9.7% -11.8%

MERMAID WATERS 37 $618,500 -6.3% $660,000 6.5% 6.5%

MERRIMAC 11 $417,000 -1.9% $420,000 10.5% 3.1%

MIAMI 13 $595,000 2.6% $580,000 13.4% 14.5%

MOLENDINAR ~ 20 $502,500 -7.8% $500,000 6.4% 3.1%

MUDGEERABA 41 $470,000 -2.7% $470,000 5.6% 6.8%

MUDGEERABA ^ 2 N/A N/A $630,000 2.1% 0.8%

NERANG 47 $380,500 4.2% $371,000 5.7% -1.1%

NERANG ^ 8 N/A N/A $715,000 N/A -0.3%

ORMEAU 51 $428,000 2.1% $418,000 4.0% -2.8%

ORMEAU ^ 5 N/A N/A $617,500 -2.8% -0.1%

ORMEAU HILLS 7 N/A N/A $446,000 -2.6% -2.0%

OXENFORD 39 $423,500 3.9% $433,750 2.1% 2.8%

PACIFIC PINES 44 $480,000 7.3% $457,000 1.1% 0.4%

PALM BEACH 33 $570,000 -6.7% $560,000 8.7% 7.7%

PARADISE POINT ~ f 34 $850,000 13.3% $806,000 -8.7% -1.4%

PARKWOOD 16 $479,000 1.2% $486,000 8.0% 4.7%

PIMPAMA 21 $451,500 N/A $390,000 -1.8% 1.8%

REEDY CREEK 18 $595,000 -2.5% $617,000 0.0% -0.5%

ROBINA 60 $565,000 1.1% $525,000 4.0% 1.9%

RUNAWAY BAY ~ f 24 $895,000 40.1% $809,000 11.6% 6.4%

SOUTHPORT 59 $470,000 2.2% $452,500 7.7% 1.7%

SURFERS PARADISE ~ f 21 $1,175,000 5.0% $1,110,000 -2.2% -15.3%

TALLAI ^ 17 $690,000 N/A $675,000 -5.2% 0.0%

TALLEBUDGERA ^ 10 $697,500 3.7% $675,000 2.3% -6.3%

TALLEBUDGERA VALLEY ^ 8 N/A N/A $750,000 N/A N/A

TUGUN 26 $477,500 -6.8% $476,000 -5.0% 5.8%

UPPER COOMERA 93 $400,000 -1.7% $398,000 3.4% -2.5%

VARSITY LAKES ~ f 33 $510,000 10.0% $482,500 3.8% 6.0%

WORONGARY 12 $401,500 N/A $409,000 8.1% 4.9%

WORONGARY ^ 6 N/A N/A $642,500 11.7% 5.3%

GOLD COAST CITY (LGA) 1,677 $340,000 -2.9% $355,000 4.4% -1.9%

ARUNDEL 24 $308,500 4.6% $307,750 4.1% -2.3%

ASHMORE 23 $287,000 2.5% $279,999 10.9% -7.3%

BENOWA 13 $405,000 N/A $520,000 2.2% 13.0%

BIGGERA WATERS 43 $330,000 1.5% $399,000 8.1% 10.4%

BILINGA ~ 6 N/A N/A $445,000 29.0% -4.3%

BROADBEACH ~ f 84 $418,000 -7.1% $437,500 -1.7% -3.8%

BROADBEACH WATERS 13 $365,000 N/A $370,000 5.7% -11.9%

BUNDALL ~ 15 $303,000 N/A $300,000 -20.0% -5.8%

BURLEIGH HEADS 88 $390,500 -3.6% $390,000 8.3% -1.9%

BURLEIGH WATERS 14 $332,500 3.9% $338,000 5.6% -5.8%

CARRARA 29 $350,000 3.3% $390,000 -5.5% 4.0%

CLEAR ISLAND WATERS ~ f 9 $382,000 -11.5% $458,625 2.1% 19.3%

COOLANGATTA ~ f 37 $460,000 25.7% $390,000 0.0% -8.2%

COOMBABAH ~ t 24 $358,500 15.6% $315,000 6.8% 0.0%

COOMERA ~ t 17 $325,000 N/A $264,000 -45.0% -24.6%

CURRUMBIN 10 $380,750 N/A $400,000 2.6% -8.7%

CURRUMBIN WATERS 16 $292,500 -3.3% $300,000 4.5% -7.3%

ELANORA 14 $320,000 7.6% $296,500 4.0% -6.2%

HELENSVALE ~ f 18 $260,000 -21.1% $310,000 -4.6% -24.8%

HIGHLAND PARK 8 N/A N/A $247,000 N/A -10.8%

HOPE ISLAND ~ t 30 $370,000 -11.9% $390,000 25.8% -27.8%

LABRADOR 82 $302,500 -4.6% $318,000 7.8% 1.0%

MAIN BEACH 40 $520,000 -1.9% $555,000 0.9% -6.7%

MAUDSLAND 4 N/A N/A $276,000 -7.4% 11.5%

MERMAID BEACH ~ f 32 $373,000 -7.9% $352,500 10.0% -2.1%

MERMAID WATERS 31 $312,000 -1.4% $315,000 7.3% 0.3%

MERRIMAC 13 $310,000 9.2% $358,000 10.2% 15.5%

MIAMI 45 $355,000 -2.7% $350,000 4.5% -5.4%

MUDGEERABA ~ t 13 $285,000 -13.1% $317,450 -10.6% -5.8%

NERANG 34 $250,000 -2.3% $272,750 5.5% -4.3%

ORMEAU 8 N/A N/A $320,000 4.9% -9.2%

OXENFORD 16 $300,750 2.8% $275,000 6.8% -4.3%

PACIFIC PINES ~ t 22 $322,500 -11.6% $359,250 1.5% -1.6%

PALM BEACH ~ 45 $325,000 -8.5% $350,000 8.4% -4.1%

PARADISE POINT ~ * 26 $450,000 0.0% $485,500 -14.8% 0.6%

PIMPAMA 9 N/A N/A $354,900 -8.5% 3.0%

REEDY CREEK ~ t 22 $279,500 -8.4% $291,000 10.6% -2.7%

ROBINA 47 $383,000 0.7% $403,750 -3.8% -6.1%

RUNAWAY BAY ~ f 29 $355,000 -10.1% $430,000 -1.1% -0.6%

SOUTHPORT 128 $303,000 1.8% $327,869 5.8% -9.4%

SURFERS PARADISE 242 $325,000 -6.6% $340,000 -4.2% -6.3%

TUGUN 16 $375,000 -0.7% $376,250 7.0% -11.7%

UPPER COOMERA 19 $302,500 -0.8% $295,000 3.5% -13.7%

VARSITY LAKES 68 $388,000 4.9% $388,000 7.0% -0.6%

The Gold Coast real estate market is firmly into a new growth phase as the city’s economy gathers strength...

http://www.stgeorge.com.au/personal/home-loans



UNITS

57

363

860

454

45 62

384

875

508

54

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



197

260

111

46 5

260 282

132

51 5

<$250,000 $250,000+ $350,000+ $500,000+ $1m+




273

520 451

290

36

296

560 457

276

59

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



105

197 177

105

27

108

203 194

112

21

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



9 8

2 2

19

10

4

0

<$250,000 $250,000+ $350,000+ $500,000+



137

63

17 14

222

81

33 19

<$250,000 $250,000+ $350,000+ $500,000+



21

15

4 3

21

12

6

0

<$250,000 $250,000+ $350,000+ $500,000+



6 6 6

3 3 4

6

3

<$250,000 $250,000+ $350,000+ $500,000+



60

47

21 13

55

40

14 11

<$250,000 $250,000+ $350,000+ $500,000+



10 7 5 3

18

33

10 10

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


9

13 11

6

13 13

18

7

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


43 36

18 7

38

62

14 5

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


LAND

43 40 40 31 29

57 49

24

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


379

71 36

3

341

59 22 9

<$250,000 $250,000+ $350,000+ $500,000+




88

33

8 16

102

28 10 10

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


71

35

21 10

46

21 15

8

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


40

1 0

49

2 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


56

9 1

81

16 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


57

0 0

62

3 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


16

0 1

14

1 1

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


41

6 1

28

1 3

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


52

5 0

77

5 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


24

2 2

60

3 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


84

5 2

106

6 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14




RENTAL MARKET - 2 BED UNITSPOST SEP-14 SEP-13


RENTAL MARKET - 3 BED TOWNHOUSES



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE

GOLD COAST CITY $430 941 $410 1047

4208 BURNSIDE $380 21 $370 27

4209 COOMERA $385 115 $370 101

4210 OXENFORD $430 17 $380 27

4211 ADVANCETOWN $410 101 $385 124

4212 HELENSVALE $490 59 $400 54

4213 BONOGIN $440 35 $430 53

4214 ARUNDEL $420 93 $410 100

4215 LABRADOR $410 98 $380 117

4216 PARADISE POINT $430 51 $420 74

4217 BENOWA $530 50 $520 67

4218 BROADBEACH $500 60 $480 64

4220 BURLEIGH HEADS $470 60 $470 55

4221 ELANORA $470 47 $420 42

4223 CURRUMBIN $500 25 $450 26

4224 TUGUN $400 11 $415 15

4225 BILINGA $420 8 N.A. 3

4226 CLEAR ISLAND WATERS $460 55 $450 63

4227 REEDY CREEK $450 33 $435 30

GOLD COAST CITY $385 1133 $375 1183

4208 BURNSIDE $360 12 $365 11

4209 COOMERA $360 159 $350 161

4210 OXENFORD $360 18 $360 13

4211 ADVANCETOWN $370 192 $360 205

4212 HELENSVALE $430 35 $445 37

4213 BONOGIN $380 42 $365 38

4214 ARUNDEL $380 33 $365 36

4215 LABRADOR $380 125 $370 132

4216 PARADISE POINT $380 86 $370 105

4217 BENOWA $440 42 $450 64

4218 BROADBEACH $450 34 $455 30

4220 BURLEIGH HEADS $390 26 $390 43

4221 ELANORA $390 32 $400 25

4223 CURRUMBIN $400 12 $400 15

4224 TUGUN $430 19 $430 27

4225 BILINGA $470 5 N.A. 3


4227 REEDY CREEK $420 81 $410 68

GOLD COAST CITY $360 2634 $350 2664

4210 OXENFORD $300 23 $295 21

4211 ADVANCETOWN $325 30 $295 36

4212 HELENSVALE $390 57 $415 63

4214 ARUNDEL $300 20 $250 14

4215 LABRADOR $350 573 $335 582

4216 PARADISE POINT $355 182 $345 216

4217 BENOWA $400 656 $390 642

4218 BROADBEACH $350 333 $350 367

4220 BURLEIGH HEADS $380 218 $360 217

4221 ELANORA $325 124 $300 141

4223 CURRUMBIN $370 34 $340 33

4224 TUGUN $340 46 $325 55

4225 BILINGA $330 142 $320 132


4227 REEDY CREEK $360 124 $290 89

HOUSES

166

770

1840

235 161

784

1900

274

<$350,000 $350,000+ $500,000+ $1m+



1154 1157

472

18

1272 1256

480

21

<$350,000 $350,000+ $500,000+ $1m+




65

480 548

84 66

575 516

101

<$350,000 $350,000+ $500,000+ $1m+


JUN 14 SEP 14


79

440

346

37 76

443 373

43

<$350,000 $350,000+ $500,000+ $1m+


JUN 14 SEP 14


139

41 9

182

39 7

<$350,000 $350,000+ $500,000+



146 193

64

208

265

95

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


185

41 14

194

46 6

<$350,000 $350,000+ $500,000+



43

55

18

48 59

14

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


167 174

47

255

183

49

<$350,000 $350,000+ $500,000+



56

84

31

64

94

30

<$350,000 $350,000+ $500,000+



153

68

20

163

69

26

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


294

184

60

296

208

56

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


GOLD COAST CITY (LGA) 150 $234,000 -0.4% $230,000 0.2% -0.6%

GOLD COAST CITY (LGA) ^ 7 N/A N/A $360,000 4.3% -9.3%

COOMERA 38 $228,000 1.3% $225,000 -0.2% -6.0%

GILSTON 0 N/A N/A $253,000 3.7% 14.8%

HELENSVALE * f 4 N/A N/A $500,000 N/A 86.2%

ORMEAU 7 N/A N/A $220,000 -2.2% 0.0%

ORMEAU HILLS 9 N/A N/A $214,900 2.4% N/A

OXENFORD 7 N/A N/A $235,000 N/A 3.5%

PIMPAMA 17 $220,000 0.7% $219,500 -2.0% -0.2%

REEDY CREEK ~ 9 N/A N/A $320,000 12.3% 9.4%

UPPER COOMERA 32 $232,500 -2.1% $229,500 2.5% 2.0%

WILLOW VALE 2 N/A N/A $205,000 3.9% N/A

19



TOOWOOMBAHOUSES

166

770

1840

235 161

784

1900

274

<$350,000 $350,000+ $500,000+ $1m+



1154 1157

472

18

1272 1256

480

21

<$350,000 $350,000+ $500,000+ $1m+




65

480 548

84 66

575 516

101

<$350,000 $350,000+ $500,000+ $1m+


JUN 14 SEP 14


79

440

346

37 76

443 373

43

<$350,000 $350,000+ $500,000+ $1m+


JUN 14 SEP 14


139

41 9

182

39 7

<$350,000 $350,000+ $500,000+



146 193

64

208

265

95

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


185

41 14

194

46 6

<$350,000 $350,000+ $500,000+



43

55

18

48 59

14

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


167 174

47

255

183

49

<$350,000 $350,000+ $500,000+



56

84

31

64

94

30

<$350,000 $350,000+ $500,000+



153

68

20

163

69

26

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


294

184

60

296

208

56

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


57

363

860

454

45 62

384

875

508

54

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



197

260

111

46 5

260 282

132

51 5

<$250,000 $250,000+ $350,000+ $500,000+ $1m+




273

520 451

290

36

296

560 457

276

59

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



105

197 177

105

27

108

203 194

112

21

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



9 8

2 2

19

10

4

0

<$250,000 $250,000+ $350,000+ $500,000+



137

63

17 14

222

81

33 19

<$250,000 $250,000+ $350,000+ $500,000+



21

15

4 3

21

12

6

0

<$250,000 $250,000+ $350,000+ $500,000+



6 6 6

3 3 4

6

3

<$250,000 $250,000+ $350,000+ $500,000+



60

47

21 13

55

40

14 11

<$250,000 $250,000+ $350,000+ $500,000+



10 7 5 3

18

33

10 10

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


9

13 11

6

13 13

18

7

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


43 36

18 7

38

62

14 5

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


43 40 40 31 29

57 49

24

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


379

71 36

3

341

59 22 9

<$250,000 $250,000+ $350,000+ $500,000+




88

33

8 16

102

28 10 10

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


71

35

21 10

46

21 15

8

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


40

1 0

49

2 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


56

9 1

81

16 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


57

0 0

62

3 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


16

0 1

14

1 1

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


41

6 1

28

1 3

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


52

5 0

77

5 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


24

2 2

60

3 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


84

5 2

106

6 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


Toowoomba’s property market continues to perform strongly, with sales activity still trending upwards. However local agents say moving into the Christmas period is typically a quieter time of year.

As it moves out of the construction phase, the local mining sector in the Surat Basin is expected to see a drop off in growth of around two-to-three per cent, with a resultant easing in employment.

However the region is still well supported by numerous other major developments currently underway and due to begin in 2015, such as the much anticipated Second Range Crossing going to tender in early 2015.

Moving into 2015, local agents expect more of the same, with an equally high level of confidence seen throughout 2014.

HOUSE MARKET

Over the September quarter, preliminary house sales numbers continued to trend upwards for the fifth consecutive quarter. Toowoomba sales were up four per cent, while the median house price was up one per cent. Over the year to September, Toowoomba’s median house price was up 7.2 per cent compared to a year ago and an impressive 24.1 per cent compared to five years ago.

Sales activity was up predominantly in the $350,000-plus price bracket, however local agents say that good results have been recorded at the prestige end. One property reportedly changed hands for more than $2 million recently.

According to local agents, confidence in Toowoomba remains high thanks to the ongoing economic development in the region. This is despite the easing in employment in the mining sector and the drought which is beginning to affect some of the retailers in Toowoomba.

UNIT MARKET

Toowoomba’s unit market also performed well over the quarter with sales volumes up 21 per cent compared to the previous quarter. Local agents say investor activity has seen a number of new unit and townhouse developments come onto the market. However this level of activity from investors is starting to wane, with many believing the unit market is nearing over supply.

Despite strong activity at the affordable end of the market, the median unit price in Toowoomba increased 2.5 per cent over the quarter, and 8.5 per cent over the year to September.

The strongest increase in activity was seen in the $250,000-plus price point, which nearly doubled over the quarter. All other price points saw a slight drop off in activity.

RENTAL MARKET

In Toowoomba, the rental market continues to remain tight; however it was one of the few regions to record a slight easing in its vacancy, up 0.1 percentage points to 1.6 per cent. Local agents say that Toowoomba’s “healthy” rate of vacancy sits around the two per cent mark, which the region has stayed below for all but two periods since June 2008. As such, median weekly rents from the RTA continue to remain stable or record steady growth.

Toowoomba’s property market continues to perform strongly, with sales activity still trending upwards.








MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



TOOWOOMBA (LGA) 126 $279,000 2.5% $280,000 8.5% 21.7%

CENTENARY HEIGHTS 9 N/A N/A $304,500 -4.8% 29.6%

EAST TOOWOOMBA ~ 11 $278,500 29.5% $268,000 9.4% 27.6%

HARRISTOWN 10 $109,000 N/A $227,000 -8.8% 9.7%

KEARNEYS SPRING 17 $291,500 8.6% $285,000 3.6% 18.9%

NEWTOWN 15 $256,500 2.2% $252,250 7.3% 16.5%

RANGEVILLE 7 N/A N/A $315,000 0.0% 12.5%

SOUTH TOOWOOMBA * t 7 N/A N/A $310,000 29.7% 44.2%

TOOWOOMBA CITY * 9 N/A N/A $244,188 N/A 22.6%

WILSONTON 7 N/A N/A $251,250 5.6% 8.5%

SURROUNDS

WESTERN DOWNS (LGA) * t 5 N/A N/A $385,000 23.2% N/A

CHINCHILLA * t 2 N/A N/A $367,000 -0.5% N/A

TOOWOOMBA (LGA) ~ 67 $156,500 -2.7% $159,950 3.2% 36.1%

TOOWOOMBA (LGA) ^ 17 $200,000 11.1% $180,000 20.0% 17.6%

CAMBOOYA 8 N/A N/A $115,000 N/A N/A

CRANLEY 1 N/A N/A $158,950 4.2% N/A

GLENVALE ~ 10 $169,950 N/A $169,950 6.2% 36.0%

GOWRIE JUNCTION ^ 6 N/A N/A $174,500 11.1% 15.9%

KLEINTON 1 N/A N/A $157,500 4.8% 22.6%

MIDDLE RIDGE ~ * 1 N/A N/A $289,750 40.0% 76.7%

WESTBROOK ~ * 11 $155,500 N/A $158,500 3.4% 51.0%

SURROUNDS

SOUTHERN DOWNS (LGA) ~ 14 N/A N/A $72,250 N/A -15.7%

WESTERN DOWNS (LGA) ~ * - N/A N/A $145,000 -6.4% 40.8%

CHINCHILLA * 0 N/A N/A $150,000 3.4% 57.9%

TOOWOOMBA REGIONAL $300 588 $295 654

4350 KEARNEYS SPRING $305 445 $300 525

4352 AMIENS $325 18 $310 28

4354 DOUGLAS $265 7 N.A. 4

4355 ANDURAMBA $265 15 $260 7

4356 PITTSWORTH $270 23 $270 17

4357 BRINGALILY $245 11 $250 7

4361 BACK PLAINS $220 9 $225 6

4400 KINGSTHORPE $260 6 N.A. 4

4401 ACLAND $275 42 $270 41

GOONDIWINDI REGIONAL $280 37 $275 51

4387 BRUSH CREEK $200 7 $230 9

4390 BILLA BILLA $300 26 $300 33

SOUTHERN DOWNS REGIONAL $255 140 $240 179

4362 ALLORA $275 9 $260 9

4370 ALLAN $260 71 $250 100

4373 KILLARNEY $250 5 $200 5

4380 AMIENS $250 45 $240 56

WESTERN DOWNS REGIONAL $300 154 $350 129

4405 BLAXLAND $280 68 $320 61

4410 JANDOWAE $220 5 $230 5

4413 BAKING BOARD $315 52 $440 45

4415 MILES $375 14 $550 9

4419 COCKATOO $350 5 N.A. 1

4421 GORANBA $240 6 $240 6


4350 KEARNEYS SPRING $245 325 $240 340

4352 AMIENS $264 7 N.A. 1

4357 BRINGALILY $200 5 N.A. 1

4401 ACLAND $210 13 $205 9

GOONDIWINDI REGIONAL $190 23 $180 20

4390 BILLA BILLA $200 21 $180 19

SOUTHERN DOWNS REGIONAL $195 61 $200 58

4370 ALLAN $200 43 $200 40

4380 AMIENS $180 16 $200 16

WESTERN DOWNS REGIONAL $250 54 $250 35

4405 BLAXLAND $205 31 $230 18

4413 BAKING BOARD $300 19 $380 10


4350 KEARNEYS SPRING $295 22 $275 25

SOUTHERN DOWNS REGIONAL N.A. 11 N.A. 1

4370 ALLAN $250 7 N.A. 1

WESTERN DOWNS REGIONAL N.A. 10 N.A. 8

4413 BAKING BOARD $300 7 $475 7

TOOWOOMBA (LGA) 574 $339,500 1.0% $335,000 7.2% 24.1%

TOOWOOMBA (LGA) ^ 103 $448,500 -5.6% $485,000 7.8% 22.2%

CENTENARY HEIGHTS 35 $349,500 2.0% $350,000 7.4% 23.0%

CROWS NEST 9 N/A N/A $237,000 -4.0% 5.3%

DARLING HEIGHTS 20 $349,500 2.2% $335,000 6.7% 20.5%

EAST TOOWOOMBA ~ 24 $400,750 -8.3% $415,000 9.2% 17.1%

GLENVALE 16 $378,750 3.3% $355,000 5.7% 16.4%

HARLAXTON 5 N/A N/A $253,750 -3.0% 15.6%

HARRISTOWN 40 $320,500 7.4% $310,200 12.8% 26.1%

HIGHFIELDS 9 N/A N/A $457,500 1.7% 13.0%

HIGHFIELDS ^ 20 $499,500 -6.6% $520,000 10.6% 18.2%

KEARNEYS SPRING ~ 34 $375,000 -9.1% $360,000 4.5% 22.9%

KINGSTHORPE 5 N/A N/A $301,000 7.5% 20.4%

KLEINTON ~ 12 $476,250 -8.1% $480,000 9.2% N/A

MERINGANDAN WEST 2 N/A N/A $387,000 9.8% 17.3%

MERINGANDAN WEST ^ 9 N/A N/A $345,000 N/A 12.7%

MIDDLE RIDGE ^ 1 N/A N/A $740,000 N/A N/A

MIDDLE RIDGE ~ 30 $469,000 -9.3% $470,000 2.6% 14.4%

MOUNT LOFTY ~ 8 N/A N/A $410,000 18.9% 31.2%

NEWTOWN 62 $290,000 -0.2% $290,000 9.4% 21.5%

NORTH TOOWOOMBA ~ 22 $301,000 -7.7% $300,000 10.1% 27.7%

OAKEY 14 $216,250 -0.1% $220,000 2.3% 11.0%

PITTSWORTH ~ 15 $275,750 -13.8% $279,000 1.0% 4.7%

RANGEVILLE 50 $406,000 1.5% $392,250 2.7% 10.2%

ROCKVILLE ~ 19 $287,500 -5.7% $285,000 16.3% 19.2%

SOUTH TOOWOOMBA ~ 27 $342,000 10.3% $325,000 13.2% 30.0%

TOOWOOMBA CITY 10 $322,750 4.1% $322,000 3.5% 26.3%

WESTBROOK 15 $432,500 -0.3% $435,250 5.5% 17.6%

WILSONTON 31 $313,000 -5.7% $312,000 14.5% 22.4%

WILSONTON HEIGHTS ~ 18 $300,000 7.1% $293,750 10.8% 26.9%

WYREEMA 8 N/A N/A $322,500 N/A 7.1%

SURROUNDS

GOONDIWINDI (LGA) ~ 9 $248,000 10.2% $245,000 21.7% 2.1%

GOONDIWINDI 7 N/A N/A $272,500 1.7% -2.2%

SOUTHERN DOWNS (LGA) 68 $242,500 -3.8% $250,000 8.7% 8.7%

SOUTHERN DOWNS (LGA) ^ 30 $275,000 -9.8% $320,000 12.9% 0.9%

STANTHORPE 15 $210,000 N/A $235,000 3.8% 7.3%

WARWICK 35 $270,000 6.1% $260,000 6.1% 8.3%

WESTERN DOWNS (LGA) ~ 31 $280,000 23.3% $279,000 -7.0% 15.3%

WESTERN DOWNS (LGA) ^ 22 $317,500 -5.9% $368,750 -11.9% 20.9%

CHINCHILLA ~ 11 $335,000 N/A $350,000 -6.7% 30.8%

DALBY ^ 7 N/A N/A $430,000 -6.9% 8.2%

DALBY ~ 15 $278,000 18.6% $264,500 5.8% 3.7%

21



SUNSHINE COAST

HOUSES

166

770

1840

235 161

784

1900

274

<$350,000 $350,000+ $500,000+ $1m+



1154 1157

472

18

1272 1256

480

21

<$350,000 $350,000+ $500,000+ $1m+




65

480 548

84 66

575 516

101

<$350,000 $350,000+ $500,000+ $1m+


JUN 14 SEP 14


79

440

346

37 76

443 373

43

<$350,000 $350,000+ $500,000+ $1m+


JUN 14 SEP 14


139

41 9

182

39 7

<$350,000 $350,000+ $500,000+



146 193

64

208

265

95

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


185

41 14

194

46 6

<$350,000 $350,000+ $500,000+



43

55

18

48 59

14

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


167 174

47

255

183

49

<$350,000 $350,000+ $500,000+



56

84

31

64

94

30

<$350,000 $350,000+ $500,000+



153

68

20

163

69

26

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


294

184

60

296

208

56

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


Sunshine Coast real estate performed strongly in the September quarter, keeping up the momentum which has been gathering since the local market entered its recovery phase in late 2013.

The regional economy is going from strength to strength, with major infrastructure projects such as the new Sunshine Coast University Hospital delivering ongoing jobs and employment opportunities.

Agents report that the thriving local economy is driving demand and confidence in real estate on the coastal strip. In contrast to earlier in the year, this buoyant sentiment is also penetrating into the hinterland region.

Average days on market continue to fall in the Sunshine Coast region, including Noosa – sitting at 90 days in the September quarter, compared to 110 days 12 months earlier.

Average vendor discounting in the Sunshine Coast region is also trending downwards, from 9.2 per cent in September 2013 to 5.6 per cent 12 months later.

HOUSE MARKET

Noosa was the star performer in the region for house sales in the September quarter, with sales activity up an impressive 13 per cent. Sales volumes were also up in the broader Sunshine Coast LGA, rising 3 per cent in the three months to September.

Median house prices in the Sunshine Coast LGA were up 1.2 per cent to $473,500 in the three months to September, while Noosa’s median house price was $522,500 in the three months to September.

Local agents say there is very healthy demand for housing in the majority of suburbs on the Sunshine Coast, with the prestige sector of the market showing particularly strong signs of recovery.

REIQ’S price point data confirms this, with the highest number of preliminary sales numbers recorded in the $350,000-plus bracket. Increased sales activity, however, was most prominent in the $500,000-plus bracket with an additional 26 preliminary sales recorded in the September quarter.

Turnover was also up in the $1 million-plus sector of the market, with 43 properties changing hands – up from 37 in the June quarter.

Top performing suburbs to record impressive median price growth in the three months to September included Mooloolaba (16.8 per cent), Wurtulla (8.5 per cent ) and Glass House Mountains (8.4 per cent).

UNIT MARKET

Noosa also outperformed the greater Sunshine Coast region in the unit and townhouse market, with an impressive 9.4 per cent increase bringing the median unit price to $395,000 in the three months to September.

In the September quarter, sales activity in Noosa rose by five per cent with sales volumes up strongly in Kings Beach (36 per cent), Mooloolaba (33 per cent) and Mount

Coolum (27 per cent).

Local agents say first home buyers and downsizers are becoming more active in the unit market and they expect to see a steady increase in this sector of the market heading into 2015.

Across the Sunshine Coast region, including Noosa, sales activity was up across most price points, with the affordable end of the market performing continuing to perform well. Unit sale volumes were strongest in the $350,000-plus price bracket, rising 10 per cent in the three months to September.

RENTAL MARKET

According to the REIQ’s latest rental survey, the Sunshine Coast has the lowest vacancy rate of any major region in the state. Sitting at just one per cent, the vacancy rate on the Sunshine Coast LGA is the result of strong tenant demand driven by the strong employment opportunities in the region.

The Noosa Council area saw its vacancy rate ease tighten to 1.2 per cent in the three months to September.

Local agents are hopeful increased investor activity will help to tackle the current shortage of rental stock in both LGAs.

UNITS

57

363

860

454

45 62

384

875

508

54

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



197

260

111

46 5

260 282

132

51 5

<$250,000 $250,000+ $350,000+ $500,000+ $1m+




273

520 451

290

36

296

560 457

276

59

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



105

197 177

105

27

108

203 194

112

21

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



9 8

2 2

19

10

4

0

<$250,000 $250,000+ $350,000+ $500,000+



137

63

17 14

222

81

33 19

<$250,000 $250,000+ $350,000+ $500,000+



21

15

4 3

21

12

6

0

<$250,000 $250,000+ $350,000+ $500,000+



6 6 6

3 3 4

6

3

<$250,000 $250,000+ $350,000+ $500,000+



60

47

21 13

55

40

14 11

<$250,000 $250,000+ $350,000+ $500,000+



10 7 5 3

18

33

10 10

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


9

13 11

6

13 13

18

7

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


43 36

18 7

38

62

14 5

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


43 40 40 31 29

57 49

24

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


379

71 36

3

341

59 22 9

<$250,000 $250,000+ $350,000+ $500,000+




88

33

8 16

102

28 10 10

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


71

35

21 10

46

21 15

8

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


40

1 0

49

2 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


56

9 1

81

16 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


57

0 0

62

3 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


16

0 1

14

1 1

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


41

6 1

28

1 3

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


52

5 0

77

5 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


24

2 2

60

3 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


84

5 2

106

6 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14







MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE


SUNSHINE COAST (LGA) 815 $473,500 1.2% $467,500 6.3% 5.3%

SUNSHINE COAST (LGA) ^ 157 $567,500 3.7% $568,750 9.9% 0.0%

ALEXANDRA HEADLAND 10 $817,500 N/A $805,000 11.8% 13.4%

AROONA 13 $465,000 7.0% $440,500 0.1% 5.7%

BATTERY HILL 7 N/A N/A $433,000 10.3% 9.6%

BEERWAH 22 $377,250 0.6% $379,000 2.4% -4.1%

BEERWAH ^ 8 N/A N/A $445,000 N/A N/A

BLI BLI 30 $415,500 -6.1% $432,500 12.9% 12.3%

BUDDINA 18 $515,000 N/A $520,000 -4.8% -5.5%

BUDERIM 103 $523,000 -2.2% $530,000 7.1% 2.9%

BUDERIM ^ 12 $980,000 N/A $880,000 4.8% 6.0%

BURNSIDE 6 N/A N/A $373,500 11.8% 3.4%

CALOUNDRA WEST 20 $422,500 -0.6% $415,000 4.7% 0.0%

COES CREEK 3 N/A N/A $368,000 2.2% 1.9%

COOLUM BEACH ~ 33 $470,000 -11.7% $485,000 14.1% 3.2%

CURRIMUNDI 23 $436,250 -0.9% $438,000 5.5% 4.0%

DICKY BEACH 4 N/A N/A $569,000 2.5% N/A

EUMUNDI ^ 7 N/A N/A $650,000 -1.5% N/A

GLASS HOUSE MOUNTAINS ^ 6 N/A N/A $431,250 4.5% -6.8%

GLASS HOUSE MOUNTAINS ~ 14 $428,000 8.4% $412,000 7.2% -0.7%

GLENVIEW ^ 7 N/A N/A $580,000 N/A 2.3%

GOLDEN BEACH ~ 20 $423,750 -8.9% $442,500 5.5% -0.6%

KULUIN ~ 7 N/A N/A $420,000 24.1% 5.1%

LANDSBOROUGH 4 N/A N/A $347,500 -0.7% -3.9%

LANDSBOROUGH ^ ~ 8 N/A N/A $507,500 19.4% 10.9%

LITTLE MOUNTAIN 23 $496,000 4.9% $465,000 5.7% 2.0%

MALENY 7 N/A N/A $428,000 4.4% 0.7%

MALENY ^ ~ 5 N/A N/A $547,500 -9.6% N/A

MAPLETON 3 N/A N/A $385,250 N/A N/A

MARCOOLA 6 N/A N/A $480,000 0.0% 9.1%

MAROOCHYDORE 36 $455,000 0.2% $460,000 0.0% 6.2%

MERIDAN PLAINS 10 $475,000 N/A $475,000 10.5% 6.4%

MINYAMA ~ 11 $583,500 N/A $670,000 -21.8% -30.9%

MOFFAT BEACH ~ f 10 $605,000 N/A $610,000 22.0% 19.6%

MOOLOOLABA ~ f 21 $670,000 16.8% $595,000 3.6% 7.7%

MOOLOOLAH VALLEY 4 N/A N/A $400,000 12.7% 8.1%

MOOLOOLAH VALLEY ^ 2 N/A N/A $532,500 9.1% 4.9%

MOUNT COOLUM ~ 15 $515,000 N/A $486,000 17.1% 5.7%

MOUNTAIN CREEK 32 $541,500 3.1% $510,000 7.4% 7.4%

MUDJIMBA ~ 7 N/A N/A $553,000 20.2% 8.6%

NAMBOUR 37 $334,000 1.2% $328,750 5.5% -3.3%

PACIFIC PARADISE ~ 11 $400,000 N/A $387,500 16.5% 6.2%

PALMWOODS 17 $410,000 N/A $420,000 7.7% -2.3%

PALMWOODS ^ 6 N/A N/A $612,500 N/A -6.5%

PARREARRA 20 $547,500 3.8% $560,000 4.2% 10.0%

PELICAN WATERS 26 $687,500 -3.4% $650,000 11.6% 10.2%

PEREGIAN SPRINGS 30 $585,000 0.9% $570,000 8.4% 7.9%

SIPPY DOWNS 35 $440,000 0.0% $430,000 6.2% 0.0%

TANAWHA ^ 2 N/A N/A $735,000 N/A N/A

TWIN WATERS 16 $700,000 4.8% $667,500 6.8% 4.3%

WARANA 14 $530,000 -0.4% $499,000 9.9% 3.7%

WITTA ^ 3 N/A N/A $532,500 N/A N/A

WOOMBYE 14 $405,000 3.8% $405,000 6.6% 6.9%

WURTULLA ~ f 24 $480,000 8.5% $452,500 5.2% 4.4%

YAROOMBA 4 N/A N/A $482,500 1.2% -1.5%

SURROUNDS

NOOSA (LGA) ~ 159 $522,500 -5.7% $530,000 6.0% 7.1%

NOOSA (LGA) ^ 65 $515,000 3.0% $523,000 1.6% -2.2%

BLACK MOUNTAIN ^ 5 N/A N/A $485,500 N/A N/A

COOROIBAH ^ 5 N/A N/A $540,000 -8.6% N/A

COOROY 7 N/A N/A $407,500 3.3% 3.2%

DOONAN ^ 11 $620,000 3.3% $630,000 -3.1% -2.0%

LAKE MACDONALD ^ 2 N/A N/A $485,000 6.7% 9.9%

NOOSA HEADS 13 $651,000 1.7% $670,000 1.5% -0.9%

NOOSAVILLE 37 $732,500 -5.2% $695,000 -3.5% -5.3%

PEREGIAN BEACH ~ 11 $567,500 -7.7% $588,000 -1.6% 1.8%

POMONA 7 N/A N/A $330,000 N/A N/A

POMONA ^ 3 N/A N/A $460,000 0.5% -7.8%

SUNRISE BEACH 14 $625,000 0.8% $620,000 4.2% 2.5%

SUNSHINE BEACH 4 N/A N/A $1,027,500 12.3% 16.1%

TEWANTIN 53 $450,000 1.1% $437,250 8.0% 1.1%

SUNSHINE COAST (LGA) 499 $342,500 -1.8% $350,000 4.5% 0.9%

ALEXANDRA HEADLAND 25 $303,000 -6.0% $324,000 6.2% 1.3%

BATTERY HILL 11 $212,000 N/A $227,500 N/A -14.5%

BIRTINYA 12 $445,000 N/A $405,000 -3.6% N/A

BUDDINA 7 N/A N/A $380,500 15.0% -2.0%

BUDERIM ~ 45 $350,000 -12.5% $385,000 1.6% 6.9%

CALOUNDRA ~ f 22 $372,500 11.2% $353,000 0.6% -6.1%

COOLUM BEACH ~ 19 $328,750 -11.7% $345,000 1.0% 7.8%

CURRIMUNDI 5 N/A N/A $347,000 6.0% 1.0%

GOLDEN BEACH ~ f 17 $375,000 12.8% $375,000 19.5% 5.6%

KINGS BEACH 35 $330,000 -2.1% $360,000 9.4% -11.1%

MARCOOLA 13 $347,000 N/A $305,000 -3.9% -4.7%

MAROOCHYDORE 89 $367,500 -0.1% $350,500 -1.1% -1.6%

MINYAMA 4 N/A N/A $291,000 0.7% -3.0%

MOOLOOLABA 53 $362,000 3.4% $355,000 3.8% 1.4%

MOUNT COOLUM 13 $303,500 8.8% $285,000 -10.9% -5.8%

MOUNTAIN CREEK * f 17 $325,000 -16.7% $379,000 0.0% 35.4%

NAMBOUR ~ t 6 N/A N/A $211,500 -21.3% -18.7%

PARREARRA 13 $380,000 -3.6% $398,500 15.5% -20.0%

PELICAN WATERS 3 N/A N/A $453,000 1.8% 1.8%

PEREGIAN SPRINGS 5 N/A N/A $375,000 -11.8% -6.3%

TWIN WATERS 10 $451,000 N/A $476,000 1.3% -4.6%

WARANA 8 N/A N/A $311,000 5.2% 0.3%

SURROUNDS

NOOSA (LGA) 152 $395,000 9.4% $385,000 -1.3% -6.9%

NOOSA HEADS ~ f 53 $432,000 -9.1% $425,000 -12.2% -29.2%

NOOSAVILLE ~ 52 $370,000 10.4% $360,000 7.5% 3.6%

PEREGIAN BEACH ~ f 17 $380,000 13.4% $377,000 1.9% -8.6%

SUNRISE BEACH 4 N/A N/A $342,000 10.9% -8.1%

SUNSHINE BEACH ~ f 13 $780,000 44.4% $585,000 26.5% 5.1%

TEWANTIN 10 $240,000 -0.6% $280,500 -3.6% -5.7%

SUNSHINE COAST (LGA) 90 $242,000 3.0% $235,000 2.6% 0.0%

SUNSHINE COAST (LGA) ^ 29 $290,000 -7.2% $295,000 0.0% -7.8%

BIRTINYA ~ * 2 N/A N/A $269,000 -7.0% -5.4%

BLI BLI 1 N/A N/A $235,000 6.6% N/A

BUDERIM ~ * 2 N/A N/A $271,250 -8.7% -6.5%

CALOUNDRA WEST ~ 5 N/A N/A $194,000 9.0% -18.3%

LITTLE MOUNTAIN 2 N/A N/A $233,400 6.1% -9.3%

MALENY 5 N/A N/A $213,000 N/A -2.7%

MAROOCHYDORE ~ 7 N/A N/A $223,200 11.6% N/A

MERIDAN PLAINS 0 N/A N/A $201,900 N/A -6.9%

MOUNTAIN CREEK 3 N/A N/A $248,500 -0.4% 7.8%

PELICAN WATERS 6 N/A N/A $370,000 -0.7% 17.5%

PEREGIAN SPRINGS ~ * 8 N/A N/A $230,000 -11.5% -16.4%

YANDINA 1 N/A N/A $190,000 N/A N/A

SURROUNDS

NOOSA (LGA) 18 $247,750 -8.2% $264,000 -4.0% -4.9%

NOOSA (LGA) ^ 9 N/A N/A $292,000 N/A 0.7%

NOOSAVILLE 4 N/A N/A $275,000 -0.9% -6.5%

23




FRASER COAST





SUNSHINE COAST REGIONAL $400 782 $380 852

4518 GLASS HOUSE MOUNTAINS $355 7 $330 11

4519 BEERWAH $340 21 $310 22

4550 LANDSBOROUGH $310 12 $330 11

4551 AROONA $400 155 $380 138

4552 BALD KNOB $350 26 $360 26

4553 PALMVIEW $400 13 $365 13

4555 CHEVALLUM $380 14 $345 11

4556 BUDERIM $420 82 $400 100

4557 MOOLOOLABA $436 63 $410 56

4558 MAROOCHYDORE $400 53 $390 56

4559 DIDDILLIBAH $405 8 $360 11

4560 BLI BLI $360 83 $350 98

4561 BRIDGES $375 16 $360 16

4562 BELLI PARK $450 12 $420 19

4564 MARCOOLA $380 36 $400 45

4573 COOLUM BEACH $420 91 $395 77

4574 COOLABINE $300 5 N.A. 2

4575 BIRTINYA $430 81 $400 130

NOOSA SHIRE $420 141 $395 155

4565 BOREEN $400 43 $375 46

4566 NOOSAVILLE $460 20 $410 22

4567 CASTAWAYS BEACH $500 45 $445 41

4563 BLACK MOUNTAIN $380 10 $385 22

4568 FEDERAL $350 13 $350 8

4569 COORAN $320 8 $310 11


4551 AROONA $320 147 $300 166

4556 BUDERIM $320 41 $300 67

4557 MOOLOOLABA $320 124 $300 99

4558 MAROOCHYDORE $320 165 $320 198

4559 DIDDILLIBAH $280 9 $265 7

4560 BLI BLI $245 42 $235 62

4561 BRIDGES $235 8 $260 10

4564 MARCOOLA $350 52 $340 66

4572 ALEXANDRA HEADLAND $360 58 $325 57

4573 COOLUM BEACH $335 73 $320 87

4575 BIRTINYA $400 97 $385 92

NOOSA SHIRE $360 95 $330 120

4565 BOREEN $300 9 $295 6

4566 NOOSAVILLE $365 27 $320 32

4567 CASTAWAYS BEACH $360 57 $350 76


4551 AROONA $365 18 $365 23

4556 BUDERIM $395 25 $390 14

4557 MOOLOOLABA $400 52 $400 23

4558 MAROOCHYDORE $350 30 $355 34

4560 BLI BLI $330 11 $365 13

4564 MARCOOLA $385 17 $400 17

4573 COOLUM BEACH $360 18 $415 25

NOOSA SHIRE $490 34 $440 26

4566 NOOSAVILLE $550 11 $450 10

4567 CASTAWAYS BEACH $490 21 $420 14

Following a strong June quarter, sales volumes on the Fraser Coast remained unchanged over the three months to September, a trend experienced the same time last year.

Average vendor discounting also remained relatively unchanged, however there was some improvement in average days on market compared to three months earlier. This indicates the Fraser Coast is continuing to recover from the bottom of the cycle, albeit at a steady pace.

According to local agents overall confidence in the region remains robust, driven by improved local employment opportunities at the new hospital and Stockland shopping centre expansion. Local population growth remains healthy, with the region still being seen as a desirable place to live.

HOUSE MARKET

The Fraser Coast house market has continued to show a steady demand for affordable housing stock over the September quarter, particularly in Maryborough, where preliminary sales numbers were up on the previous quarter. Local agents say that this is typical at this time of year, however buyer enquiry levels have picked up over recent months with demand for affordably priced properties the most prominent.

Despite sales volumes stabilising over the quarter, the Fraser Coast’s median house price was relatively stable, up 0.5 per cent and over the year to September and the annual median up 1.7 per cent.

Average days on market for house sales also continue to improve slowly, down to an average 109 days over the year to September. Average vendor discounting improved by 0.5 percentage points to 7.6 per cent over the period.

According to local agents, the house market is definitely in recovery mode however there is still a long way to go.

UNIT MARKET

While the house market is slowly recovering, the unit market on the Fraser Coast is stabilising. Sales volumes over the September quarter eased nine per cent compared to the previous quarter. Over the quarter, the median sale price also eased, down 5.9 per cent on the back of a drop in activity at the upper end of the market. Sales in the sub-$250,000 bracket remained unchanged from the previous quarter.

HOUSES

166

770

1840

235 161

784

1900

274

<$350,000 $350,000+ $500,000+ $1m+



1154 1157

472

18

1272 1256

480

21

<$350,000 $350,000+ $500,000+ $1m+




65

480 548

84 66

575 516

101

<$350,000 $350,000+ $500,000+ $1m+


JUN 14 SEP 14


79

440

346

37 76

443 373

43

<$350,000 $350,000+ $500,000+ $1m+


JUN 14 SEP 14


139

41 9

182

39 7

<$350,000 $350,000+ $500,000+



146 193

64

208

265

95

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


185

41 14

194

46 6

<$350,000 $350,000+ $500,000+



43

55

18

48 59

14

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


167 174

47

255

183

49

<$350,000 $350,000+ $500,000+



56

84

31

64

94

30

<$350,000 $350,000+ $500,000+



153

68

20

163

69

26

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


294

184

60

296

208

56

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14




FRASER COAST CONTINUED

UNITS

57

363

860

454

45 62

384

875

508

54

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



197

260

111

46 5

260 282

132

51 5

<$250,000 $250,000+ $350,000+ $500,000+ $1m+




273

520 451

290

36

296

560 457

276

59

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



105

197 177

105

27

108

203 194

112

21

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



9 8

2 2

19

10

4

0

<$250,000 $250,000+ $350,000+ $500,000+



137

63

17 14

222

81

33 19

<$250,000 $250,000+ $350,000+ $500,000+



21

15

4 3

21

12

6

0

<$250,000 $250,000+ $350,000+ $500,000+



6 6 6

3 3 4

6

3

<$250,000 $250,000+ $350,000+ $500,000+



60

47

21 13

55

40

14 11

<$250,000 $250,000+ $350,000+ $500,000+



10 7 5 3

18

33

10 10

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


9

13 11

6

13 13

18

7

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


43 36

18 7

38

62

14 5

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


43 40 40 31 29

57 49

24

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


379

71 36

3

341

59 22 9

<$250,000 $250,000+ $350,000+ $500,000+




88

33

8 16

102

28 10 10

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


71

35

21 10

46

21 15

8

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


40

1 0

49

2 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


56

9 1

81

16 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


57

0 0

62

3 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


16

0 1

14

1 1

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


41

6 1

28

1 3

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


52

5 0

77

5 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


24

2 2

60

3 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


84

5 2

106

6 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14




MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



In saying that, a recovery is not far away given the average vendor discounting rate has improved by 1.9 percentage points compared to the same time last year – the best improvement of all regional unit markets. Average days on market are also continuing to come down.

RENTAL MARKET

The Fraser Coast rental market, driven by steady population growth, continues to improve with vacancy rates at the end of September tightening to 2.1 per cent. This drop was attributed to a tightening of vacancies in Maryborough, where the vacancy rate dropped from 3.2 to 2.4 per cent over the three months to September. Hervey Bay remained unchanged at 1.9 per cent.

Local agents say the tightening in the rental market is the result of a shortage of available properties relative to demand. An increase in the number of sales of former investment properties to owner occupiers and increased migration to the area are other contributing factors.

According to figures from the RTA, the Fraser Coast region recorded modest increases in median weekly rents over the September quarter, with vacancy levels also remaining tight since the end of June. Given the relative affordability of house and unit sale prices in the region, current gross rental yields for houses on the Fraser Coast is the third highest of all major regional centres.

FRASER COAST (LGA) 247 $286,500 0.5% $295,000 1.7% 0.0%

FRASER COAST (LGA) ^ 69 $373,750 1.0% $370,000 1.4% -2.6%

BOORAL ^ 8 N/A N/A $372,000 N/A N/A

BURRUM HEADS 6 N/A N/A $385,000 8.5% -4.6%

ELI WATERS 17 $312,500 1.1% $321,500 4.5% -1.1%

KAWUNGAN 13 $330,000 -2.3% $329,390 0.0% 2.6%

MARYBOROUGH ~ 54 $215,000 14.4% $205,500 2.8% -11.8%

PIALBA 9 N/A N/A $300,000 9.1% 9.5%

POINT VERNON 17 $289,000 1.4% $300,000 -3.2% -2.6%

RIVER HEADS 5 N/A N/A $267,500 N/A N/A

SCARNESS 11 $285,000 6.5% $275,500 2.4% -1.6%

TINANA 5 N/A N/A $280,000 4.5% -6.7%

TOOGOOM 10 $335,250 N/A $300,575 7.7% -6.1%

TORQUAY 15 $305,000 -3.5% $326,000 3.5% 0.0%

URANGAN 24 $303,500 -3.7% $310,000 0.0% 0.2%

URRAWEEN 21 $340,000 3.2% $338,000 0.0% -3.8%

WONDUNNA 7 N/A N/A $423,750 N/A -1.5%

SURROUNDS

GYMPIE (LGA) 85 $250,000 -2.3% $256,000 -0.8% -8.6%

GYMPIE (LGA) ^ ~ 85 $290,000 -13.7% $326,000 0.3% -6.6%

CARTERS RIDGE ^ 7 N/A N/A $267,000 N/A N/A

COOLOOLA COVE ~ 10 $250,000 N/A $262,500 2.5% -15.3%

CURRA ^ 7 N/A N/A $257,000 -6.5% -7.2%

GYMPIE ~ 35 $235,000 6.8% $235,000 2.0% -11.3%

KANDANGA ^ 7 N/A N/A $250,000 N/A N/A

RAINBOW BEACH 6 N/A N/A $433,500 N/A N/A

SOUTHSIDE ~ 14 $286,250 -10.4% $306,500 -3.9% -5.4%

TIN CAN BAY ~ 7 N/A N/A $290,000 -9.4% -5.2%

SOUTH BURNETT (LGA) 52 $200,000 2.6% $200,000 0.0% -11.1%

SOUTH BURNETT (LGA) ^ 34 $245,000 -7.9% $245,000 -6.5% -9.3%

KINGAROY 22 $222,250 5.8% $230,000 -1.1% -9.3%

MURGON ~ 5 N/A N/A $140,000 -17.6% -20.5%

NANANGO ~ 16 $200,000 N/A $182,500 0.8% -13.1%

FRASER COAST (LGA) 39 $240,000 -5.9% $260,000 0.0% -7.1%

PIALBA ~ 6 N/A N/A $312,500 19.8% -3.5%

SCARNESS 3 N/A N/A $247,000 N/A -10.2%

TORQUAY 7 N/A N/A $241,250 12.2% -14.6%

URANGAN 16 $260,000 0.0% $260,000 -8.8% -18.4%

SURROUNDS

GYMPIE (LGA) 17 $260,000 N/A $271,022 N/A N/A

GYMPIE 7 N/A N/A $255,000 N/A N/A

FRASER COAST (LGA) ~ 65 $150,000 15.4% $147,250 7.1% 1.6%

FRASER COAST (LGA) ^ 19 $100,000 0.0% $85,000 3.7% -16.7%

GLENWOOD ^ 4 N/A N/A $70,000 -2.1% -12.5%

RIVER HEADS 6 N/A N/A $98,000 N/A N/A

TOOGOOM ~ f 6 N/A N/A $97,500 N/A -26.6%

WONDUNNA 15 $159,000 N/A $158,000 N/A -7.1%

SURROUNDS

GYMPIE (LGA) ~ 18 $126,500 15.0% $117,000 6.4% -4.1%

GYMPIE (LGA) ^ 19 $125,000 13.6% $120,000 0.0% -8.4%

GYMPIE ~ 4 N/A N/A $130,000 13.0% 22.6%

25




BUNDABERG





FRASER COAST REGIONAL $280 323 $280 365

4650 ALDERSHOT $260 103 $255 144

4655 BOORAL $290 200 $290 197

4659 BEELBI CREEK $280 19 $260 22

GYMPIE REGIONAL $260 191 $255 175

4570 AMAMOOR $253 142 $260 129

4580 COOLOOLA $270 29 $255 30

4581 EURONG $280 10 $250 7

4600 BLACK SNAKE $165 7 N.A. 4

SOUTH BURNETT REGIONAL $230 148 $230 129

4605 BARLIL $200 24 $195 12

4606 CHARLESTOWN $220 14 $215 11

4608 CHARLESTOWN $225 6 $225 5

4610 ALICE CREEK $250 62 $245 74

4615 BARKER CREEK FLAT $230 39 $230 23


4650 ALDERSHOT $190 44 $180 40

4655 BOORAL $250 125 $240 108


4570 AMAMOOR $200 50 $200 40

4580 COOLOOLA $210 6 $200 8

4581 EURONG $250 13 $230 11

SOUTH BURNETT REGIONAL $185 54 $180 41

4605 BARLIL $185 5 N.A. 4

4606 CHARLESTOWN $175 6 N.A. 3

4610 ALICE CREEK $200 36 $185 33

4615 BARKER CREEK FLAT $160 7 N.A. 1


4655 BOORAL $325 49 $300 65


4570 AMAMOOR $270 7 $330 5

Bundaberg real estate is on the verge of a renaissance as buyers grow more confident amid improving market sentiment and a local economy starting to show green shoots of recovery.

Investors and first home buyers are playing an increasingly active role in the local real estate market as a series of key economic development projects get underway in the city.

An expansion of the Port of Bundaberg and the increased presence of a number of major retailers are fuelling hopes of renewed population growth as the city continues to rebound from the 2013 floods.

HOUSE MARKET

House sales volumes in Bundaberg were up an impressive 19 per cent in the September quarter, the third highest of any Queensland regional centre. There was also double digit growth in acreage sales (10 per cent) and unit and townhouse sales (13 per cent).

Average days on market crept up slightly in the September quarter to 89 days but they are still lower than the corresponding period last year.

Average vendor discounting was also slightly up at 7.6 per cent in the three months to September, a full two percentage points lower compared to September 2013.

Despite rising sales volumes, median house prices in Bundaberg eased 5.3 per cent to $268,995 in the three months to September. This easing trend is the result of a rising volume of sales at the lower end of the market, particularly in the sub $350,000 price bracket.

Local agents confirm buyers are most active in the sub-$350,000 price bracket, with first home buyers and investors eyeing potential capital growth.

According to the REIQ’s price point data, sub-$350,000 sales were up 30 per cent in the September quarter, with sales relatively steady in the $350,000-plus and $500,000-plus price brackets.

Some suburbs recorded impressive price growth over the quarter, including Bundaberg North (7.6 per cent), Norville (6.4 per cent) and Walkervale (six per cent).

UNIT MARKET

Bundaberg’s unit and townhouse market recorded a 13 per cent increase in sale volumes in the three months to September.

The strongest growth in sale volumes was at the lower end of the market, with sales more than doubling in the sub-$250,000 price bracket.

Sale volumes in the $250,000-plus price brackets recorded modest increases, however the concentration of activity at the lower end of the market saw median unit prices ease 12.1 per cent to $235,000.

RENTAL MARKET

According to the REIQ’s latest rental survey, Bundaberg has one of the stronger rental markets in regional Queensland.

The survey shows the local rental market has moved into healthy conditions with a vacancy rate of 2.9 per cent, down one point from the previous quarter.

Local agents say an oversupply of rental properties is starting to clear amid expectations of better investor returns in an improving market heading into 2015.



UNITS

57

363

860

454

45 62

384

875

508

54

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



197

260

111

46 5

260 282

132

51 5

<$250,000 $250,000+ $350,000+ $500,000+ $1m+




273

520 451

290

36

296

560 457

276

59

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



105

197 177

105

27

108

203 194

112

21

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



9 8

2 2

19

10

4

0

<$250,000 $250,000+ $350,000+ $500,000+



137

63

17 14

222

81

33 19

<$250,000 $250,000+ $350,000+ $500,000+



21

15

4 3

21

12

6

0

<$250,000 $250,000+ $350,000+ $500,000+



6 6 6

3 3 4

6

3

<$250,000 $250,000+ $350,000+ $500,000+



60

47

21 13

55

40

14 11

<$250,000 $250,000+ $350,000+ $500,000+



10 7 5 3

18

33

10 10

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


9

13 11

6

13 13

18

7

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


43 36

18 7

38

62

14 5

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


LAND

43 40 40 31 29

57 49

24

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


379

71 36

3

341

59 22 9

<$250,000 $250,000+ $350,000+ $500,000+




88

33

8 16

102

28 10 10

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


71

35

21 10

46

21 15

8

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


40

1 0

49

2 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


56

9 1

81

16 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


57

0 0

62

3 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


16

0 1

14

1 1

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


41

6 1

28

1 3

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


52

5 0

77

5 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


24

2 2

60

3 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


84

5 2

106

6 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14






HOUSES

166

770

1840

235 161

784

1900

274

<$350,000 $350,000+ $500,000+ $1m+



1154 1157

472

18

1272 1256

480

21

<$350,000 $350,000+ $500,000+ $1m+




65

480 548

84 66

575 516

101

<$350,000 $350,000+ $500,000+ $1m+


JUN 14 SEP 14


79

440

346

37 76

443 373

43

<$350,000 $350,000+ $500,000+ $1m+


JUN 14 SEP 14


139

41 9

182

39 7

<$350,000 $350,000+ $500,000+



146 193

64

208

265

95

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


185

41 14

194

46 6

<$350,000 $350,000+ $500,000+



43

55

18

48 59

14

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


167 174

47

255

183

49

<$350,000 $350,000+ $500,000+



56

84

31

64

94

30

<$350,000 $350,000+ $500,000+



153

68

20

163

69

26

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


294

184

60

296

208

56

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14




MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



BUNDABERG (LGA) ~ 34 $235,000 -12.1% $249,500 1.8% -2.5%

BARGARA 8 N/A N/A $328,500 6.3% -0.5%

BUNDABERG (LGA) 51 $144,000 0.0% $144,000 0.0% 9.1%

BUNDABERG (LGA) ^ 6 N/A N/A $142,500 1.8% -1.7%

BARGARA 7 N/A N/A $169,900 6.2% -4.0%

BRANYAN ^ 4 N/A N/A $143,250 2.3% N/A

BURNETT HEADS 2 N/A N/A $101,500 N/A N/A

INNES PARK 11 $125,000 N/A $123,000 2.9% N/A

MOORE PARK BEACH 10 $144,000 N/A $144,000 0.0% N/A

BUNDABERG REGIONAL $285 331 $285 342

4660 ABINGTON $255 14 $260 26

4670 ABBOTSFORD $290 305 $290 299

4671 BOOLBOONDA $250 12 $250 17

NORTH BURNETT REGIONAL $235 39 $220 51

4625 ARANBANGA $245 13 $250 15

4626 BEERON $250 12 $250 18

4630 BANCROFT $190 9 $160 10


4670 ABBOTSFORD $230 172 $230 184

NORTH BURNETT REGIONAL $180 11 N.A. 4

4625 ARANBANGA $176 10 N.A. 4


4670 ABBOTSFORD $325 15 $300 9

BUNDABERG (LGA) 232 $268,995 -5.3% $279,000 1.5% 2.2%

BUNDABERG (LGA) ^ ~ 58 $320,000 -10.5% $350,000 3.2% 7.7%

AVENELL HEIGHTS 23 $264,000 N/A $278,000 -0.5% -1.5%

AVOCA 8 N/A N/A $310,000 0.3% 1.5%

BARGARA 28 $365,000 -2.7% $369,000 -0.3% 6.2%

BRANYAN ^ 6 N/A N/A $389,000 8.1% 8.1%

BUNDABERG EAST 5 N/A N/A $260,000 2.0% -7.2%

BUNDABERG NORTH 18 $247,500 7.6% $214,500 4.6% -9.1%

BUNDABERG SOUTH 11 $265,000 6.0% $225,000 -2.2% -6.1%

BURNETT HEADS ~ 6 N/A N/A $282,500 10.1% 2.7%

ELLIOTT HEADS 5 N/A N/A $295,000 -4.7% N/A

KALKIE 9 N/A N/A $329,000 -4.6% -0.3%

KEPNOCK 21 $286,000 1.2% $268,000 -0.4% -2.5%

MILLBANK 4 N/A N/A $250,000 0.4% 2.9%

NORVILLE 10 $227,750 6.4% $235,000 -5.2% -2.1%

SVENSSON HEIGHTS ~ 11 $250,000 -11.3% $258,500 2.2% 3.4%

THABEBAN 9 N/A N/A $279,500 0.7% 5.5%

WALKERVALE 13 $245,500 6.0% $230,000 -2.1% 0.4%

SURROUNDS

NORTH BURNETT (LGA) ~ 13 $175,000 25.0% $148,750 -6.7% -9.8%

GAYNDAH 4 N/A N/A $180,000 -9.1% 7.8%

Bundaberg real estate is on the verge of a renaissance as buyers grow more confident...

27



GLADSTONE

HOUSES

166

770

1840

235 161

784

1900

274

<$350,000 $350,000+ $500,000+ $1m+



1154 1157

472

18

1272 1256

480

21

<$350,000 $350,000+ $500,000+ $1m+




65

480 548

84 66

575 516

101

<$350,000 $350,000+ $500,000+ $1m+


JUN 14 SEP 14


79

440

346

37 76

443 373

43

<$350,000 $350,000+ $500,000+ $1m+


JUN 14 SEP 14


139

41 9

182

39 7

<$350,000 $350,000+ $500,000+



146 193

64

208

265

95

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


185

41 14

194

46 6

<$350,000 $350,000+ $500,000+



43

55

18

48 59

14

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


167 174

47

255

183

49

<$350,000 $350,000+ $500,000+



56

84

31

64

94

30

<$350,000 $350,000+ $500,000+



153

68

20

163

69

26

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


294

184

60

296

208

56

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


UNITS

57

363

860

454

45 62

384

875

508

54

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



197

260

111

46 5

260 282

132

51 5

<$250,000 $250,000+ $350,000+ $500,000+ $1m+




273

520 451

290

36

296

560 457

276

59

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



105

197 177

105

27

108

203 194

112

21

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



9 8

2 2

19

10

4

0

<$250,000 $250,000+ $350,000+ $500,000+



137

63

17 14

222

81

33 19

<$250,000 $250,000+ $350,000+ $500,000+



21

15

4 3

21

12

6

0

<$250,000 $250,000+ $350,000+ $500,000+



6 6 6

3 3 4

6

3

<$250,000 $250,000+ $350,000+ $500,000+



60

47

21 13

55

40

14 11

<$250,000 $250,000+ $350,000+ $500,000+



10 7 5 3

18

33

10 10

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


9

13 11

6

13 13

18

7

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


43 36

18 7

38

62

14 5

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


LAND

43 40 40 31 29

57 49

24

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


379

71 36

3

341

59 22 9

<$250,000 $250,000+ $350,000+ $500,000+




88

33

8 16

102

28 10 10

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


71

35

21 10

46

21 15

8

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


40

1 0

49

2 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


56

9 1

81

16 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


57

0 0

62

3 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


16

0 1

14

1 1

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


41

6 1

28

1 3

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


52

5 0

77

5 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


24

2 2

60

3 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


84

5 2

106

6 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


With the first phase of LNG exports due to get underway from the Port of Gladstone in 2015, hopes are high that the regional economy is set to embark on a new phase of growth.

Local agents report the Gladstone market continues to return to normality after the frenzy of activity over the last two years, largely driven by external marketeers.

They also point to new community infrastructure recently completed at Eastern Shores as further evidence that Gladstone could be poised for a strong real estate recovery.

HOUSE MARKET

House sale volumes in Gladstone recorded impressive double digit growth of 11 per cent in the September quarter, with unit and townhouse easing four per cent. Acreage sales recorded very healthy growth of 14 per cent in this period.

Average days on market were down to 114 days in Gladstone in the three months to September, their lowest level at any time since 2013.

Average vendor discounting was steady at 9.8 per cent in the September quarter and down marginally since the same time in 2013.

Gladstone’s median house price eased 4.1 per cent to $374,000 in the September quarter, driven by an increase in transactions at the middle-to-lower end of the market.

The REIQ’s price point data confirms this market trend, showing increases in both the sub-$350,000 and $350,000-plus price brackets. Sale volumes were down in the $500,000-plus category.

Sales volumes rose a healthy 10 per cent in Agnes Water in the September quarter, with some suburbs also recording healthy median price increases during this period. These included Boyne Island (11.5 per cent) and West Gladstone (10.4 per cent).

UNIT MARKET

While Gladstone unit and townhouse sale volumes eased four per cent in the three months to September, the city nonetheless recorded an impressive rise in median prices.

The median unit price in Gladstone was up 12.1 per cent to $370,000 in the September quarter, spurred by a drop in lower-to-middle end sale volumes.

Unit sale volumes halved in the sub-$250,000 price bracket in the September quarter, with transactions in the $250,000-to-$350,000 price bracket down two-thirds.

Sale volumes were steady in the $350,000-plus and $500,000-plus price brackets, with local agents confirming buyer interest was strongest in these categories.

RENTAL MARKET

Gladstone’s rental market remains weak, with an oversupply of properties pushing up the vacancy rate.

According to the REIQ’s latest rental survey, the residential vacancy rate in Gladstone was 4.7 per cent in the September quarter – down from 5.6 per cent the previous quarter.

Local agents are cautiously optimistic the rebounding local economy will result in stronger tenant demand and a healthier rental market in the New Year.



ROCKHAMPTON




HOUSES

166

770

1840

235 161

784

1900

274

<$350,000 $350,000+ $500,000+ $1m+



1154 1157

472

18

1272 1256

480

21

<$350,000 $350,000+ $500,000+ $1m+




65

480 548

84 66

575 516

101

<$350,000 $350,000+ $500,000+ $1m+


JUN 14 SEP 14


79

440

346

37 76

443 373

43

<$350,000 $350,000+ $500,000+ $1m+


JUN 14 SEP 14


139

41 9

182

39 7

<$350,000 $350,000+ $500,000+



146 193

64

208

265

95

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


185

41 14

194

46 6

<$350,000 $350,000+ $500,000+



43

55

18

48 59

14

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


167 174

47

255

183

49

<$350,000 $350,000+ $500,000+



56

84

31

64

94

30

<$350,000 $350,000+ $500,000+



153

68

20

163

69

26

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


294

184

60

296

208

56

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14




MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE





MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE

GLADSTONE 132 $374,000 -4.1% $400,000 -8.3% 9.6%

GLADSTONE ^ ~ 35 $465,000 34.8% $472,500 -14.1% 7.4%

AGNES WATER ^ ~ 4 N/A N/A $340,000 -17.1% N/A

BOYNE ISLAND ~ 16 $445,000 11.5% $431,250 -9.7% 10.6%

CALLIOPE 7 N/A N/A $417,500 -4.0% 9.9%

CLINTON ~ 18 $340,000 -7.1% $375,000 -10.7% 2.7%

GLEN EDEN ~ 8 N/A N/A $412,000 -18.0% -10.4%

KIN KORA 5 N/A N/A $370,000 -8.6% 3.1%

KIRKWOOD ~ 7 N/A N/A $460,000 -12.2% N/A

NEW AUCKLAND ~ 14 $354,000 N/A $395,000 -10.2% 3.3%

SOUTH GLADSTONE ~ 13 $335,000 N/A $355,500 -12.2% 7.4%

TANNUM SANDS 13 $483,000 -4.5% $493,500 0.7% 11.8%

TELINA 8 N/A N/A $402,500 -8.5% 6.8%

WEST GLADSTONE ~ 12 $362,500 10.4% $372,500 -10.0% 17.3%

SURROUNDS

BANANA (LGA) 22 $271,500 6.5% $272,000 4.6% 3.8%

BILOELA ~ 14 $318,250 14.1% $310,000 14.8% 8.8%

GLADSTONE (LGA) ~ t 17 $370,000 12.1% $354,000 10.6% 11.5%

AGNES WATER 6 N/A N/A $323,000 -0.9% -22.2%

GLADSTONE CENTRAL 5 N/A N/A $437,500 0.6% N/A

GLADSTONE (LGA) ~ 16 $214,000 25.9% $220,000 4.8% 25.7%

GLADSTONE (LGA) ^ 8 N/A N/A $210,000 -18.0% 2.4%

AGNES WATER 3 N/A N/A $216,500 N/A N/A

KIRKWOOD ~ * 2 N/A N/A $230,000 -7.8% 28.5%

GLADSTONE REGIONAL $320 295 $430 264

4677 AGNES WATER $300 6 $320 17

4680 GLADSTONE $320 280 $440 238

BANANA SHIRE $300 60 $310 66

4715 BILOELA $330 23 $340 24

4718 BAUHINIA $250 30 $280 30


4680 GLADSTONE $250 237 $370 198

BANANA SHIRE $250 22 $265 26

4715 BILOELA $260 13 $265 20

4718 BAUHINIA $200 8 $200 5


4680 GLADSTONE $350 96 $480 86

Rockhampton’s real estate market is set to enter the recovery phase, with a potential upswing in the rural sector expected to feed into the broader economy.

Local agents are increasingly confident about the future prospets of the local real estate market if, as expected, the imminent export of LNG from Central Queensland helps to spark a wider regional economic recovery.

HOUSE MARKET

House sale volumes rose steadily in the September quarter along with unit and townhouse sales. Acreage sales recorded double digit growth of 11 per cent.

Average days on market crept up slightly in the September quarter to 88 days but they are still lower than the corresponding period last year. Average vendor discounting was relatively steady at 7.9 per cent in the three months to September and still almost two percentage points lower compared to September 2013.

Sale volumes increased six per cent in Rockhampton in the three months to September, with the median sale price easing 3.6 per cent to $305,000.

This easing reflects the higher volume of transactions at the lower end of the market, most notably in the sub-$350,000 price bracket.

Sales in the sub-$350,000 price bracket accounted for almost two-thirds of all transactions in the September quarter, with local agents reporting a high level of inquiries in this category.

There were also small increases in the $350,000-plus and $500,000-plus price brackets.

Some suburbs including Norman Gardens (13.7 per cent) and Wandal (5.3 per cent) recorded impressive price growth in the three months to September.

UNIT MARKET

Rockhampton unit and townhouse sales recorded a solid increase in volume in the September quarter, rising eight per cent.

Median unit prices held relatively steady at $415,000, with local agents reporting buyer interest by far the strongest around this price point.

Sales in the $250,000-$350,000 price bracket held steady, with sub-$250,000 and $500,000-plus sales also registering healthy growth.

29



UNITS

57

363

860

454

45 62

384

875

508

54

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



197

260

111

46 5

260 282

132

51 5

<$250,000 $250,000+ $350,000+ $500,000+ $1m+




273

520 451

290

36

296

560 457

276

59

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



105

197 177

105

27

108

203 194

112

21

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



9 8

2 2

19

10

4

0

<$250,000 $250,000+ $350,000+ $500,000+



137

63

17 14

222

81

33 19

<$250,000 $250,000+ $350,000+ $500,000+



21

15

4 3

21

12

6

0

<$250,000 $250,000+ $350,000+ $500,000+



6 6 6

3 3 4

6

3

<$250,000 $250,000+ $350,000+ $500,000+



60

47

21 13

55

40

14 11

<$250,000 $250,000+ $350,000+ $500,000+



10 7 5 3

18

33

10 10

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


9

13 11

6

13 13

18

7

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


43 36

18 7

38

62

14 5

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


LAND

43 40 40 31 29

57 49

24

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


379

71 36

3

341

59 22 9

<$250,000 $250,000+ $350,000+ $500,000+




88

33

8 16

102

28 10 10

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


71

35

21 10

46

21 15

8

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


40

1 0

49

2 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


56

9 1

81

16 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


57

0 0

62

3 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


16

0 1

14

1 1

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


41

6 1

28

1 3

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


52

5 0

77

5 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


24

2 2

60

3 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


84

5 2

106

6 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14




MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



ROCKHAMPTON CONTINUED

RENTAL MARKET

Rockhampton’s sluggish rental market is showing signs of improvement heading into 2015.

According to the REIQ’s latest rental survey, the residential vacancy rate in Rockhampton was 4.1 per cent in the September quarter – down from 4.8 per cent the previous quarter.

Local agents say the oversupply of rental stock is clearing and there are no significant additions to the local market due to come online in the near future.

They say it’s still largely a renters market and haven’t ruled out the possible return to a more healthy rental market in 2015.

ROCKHAMPTON (LGA) ~ 46 $183,900 7.9% $170,000 11.1% 36.0%

GRACEMERE ~ * 7 N/A N/A $148,139 0.1% 34.7%

NORMAN GARDENS 30 $185,900 N/A $179,950 0.0% 6.5%

CENTRAL HIGHLANDS (LGA) ~ 3 N/A N/A $156,250 0.8% 42.0%

EMERALD 3 N/A N/A $155,000 0.0% 24.0%

LIVINGSTONE (LGA) 36 $175,000 1.2% $172,000 1.2% 7.5%

LIVINGSTONE (LGA) ^ 14 N/A N/A $235,000 2.2% 9.3%

PARKHURST 5 N/A N/A $172,000 1.8% N/A

YEPPOON 7 N/A N/A $178,899 -0.6% 4.0%

ZILZIE 3 N/A N/A $170,000 -2.9% 6.3%



ROCKHAMPTON REGIONAL $300 317 $340 428

4700 ALLENSTOWN $300 99 $320 84

4701 BERSERKER $310 201 $335 163

4714 BAREE $200 16 $210 12

LIVINGSTONE SHIRE $307 175 $0 0

4702 ALBERTA $300 73 $335 75

4703 ADELAIDE PARK $330 74 $355 75

4710 EMU PARK $300 27 $340 19

CENTRAL HIGHLANDS REGIONAL $250 123 $330 181

4717 BLACKWATER $250 61 $330 91

4720 EMERALD $270 57 $350 80

ROCKHAMPTON (LGA) 169 $305,000 -3.6% $311,250 -2.7% 6.8%

ROCKHAMPTON (LGA) ^ 21 $350,000 N/A $380,000 0.3% -0.3%

ALLENSTOWN 7 N/A N/A $270,000 3.8% 13.0%

FRENCHVILLE 28 $345,500 2.1% $345,000 0.0% 7.8%

GRACEMERE 22 $310,000 -3.0% $320,000 -5.9% 0.3%

KAWANA 7 N/A N/A $320,000 2.2% 8.8%

KOONGAL 15 $276,250 N/A $272,250 2.4% 4.7%

MOUNT MORGAN ~ 6 N/A N/A $112,500 -18.5% -19.6%

NORMAN GARDENS ~ 25 $415,000 13.7% $380,000 -5.0% 6.7%

PARK AVENUE 12 $258,000 -4.4% $279,500 3.5% 13.8%

THE RANGE 13 $400,000 2.4% $362,500 0.7% 10.9%

WANDAL 12 $300,000 5.3% $285,000 0.0% 1.8%

WEST ROCKHAMPTON 9 N/A N/A $255,000 -3.8% 2.4%

SURROUNDS

CENTRAL HIGHLANDS (LGA) ~ 30 $305,000 -18.1% $350,000 -16.7% 6.1%

EMERALD ~ 24 $369,000 -1.6% $367,000 -14.7% 1.7%

LIVINGSTONE (LGA) 98 $319,500 -3.2% $343,250 -1.1% 6.9%

LIVINGSTONE (LGA) ^ 38 $520,000 8.3% $512,500 5.7% 12.5%

BERSERKER 27 $225,000 -5.9% $235,000 -6.0% -4.1%

EMU PARK 6 N/A N/A $340,000 4.6% 10.4%

LAMMERMOOR 6 N/A N/A $468,500 6.5% 7.7%

ROCKYVIEW ^ 8 N/A N/A $550,000 N/A N/A

TARANGANBA 5 N/A N/A $410,000 7.9% 7.9%

YEPPOON ~ 16 $360,000 9.1% $360,000 -11.4% 3.2%

ZILZIE 6 N/A N/A $370,000 -3.1% 0.0%

ROCKHAMPTON (LGA) 25 $415,000 -0.6% $358,500 23.6% 32.8%

ROCKHAMPTON CITY 11 $450,000 3.2% $439,462 N/A -14.7%

SURROUNDS

LIVINGSTONE (LGA) 26 $304,500 5.9% $339,500 9.9% 17.1%

YEPPOON 14 $263,250 N/A $324,500 -0.2% 10.0%

Rockhampton’s real estate market is set to enter the recovery phase...



MACKAY



HOUSES

166

770

1840

235 161

784

1900

274

<$350,000 $350,000+ $500,000+ $1m+



1154 1157

472

18

1272 1256

480

21

<$350,000 $350,000+ $500,000+ $1m+




65

480 548

84 66

575 516

101

<$350,000 $350,000+ $500,000+ $1m+


JUN 14 SEP 14


79

440

346

37 76

443 373

43

<$350,000 $350,000+ $500,000+ $1m+


JUN 14 SEP 14


139

41 9

182

39 7

<$350,000 $350,000+ $500,000+



146 193

64

208

265

95

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


185

41 14

194

46 6

<$350,000 $350,000+ $500,000+



43

55

18

48 59

14

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


167 174

47

255

183

49

<$350,000 $350,000+ $500,000+



56

84

31

64

94

30

<$350,000 $350,000+ $500,000+



153

68

20

163

69

26

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


294

184

60

296

208

56

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14



4700 ALLENSTOWN $240 56 $250 63

4701 BERSERKER $230 129 $250 131


4702 ALBERTA $200 7 $200 6

4703 ADELAIDE PARK $280 63 $300 69


4717 BLACKWATER $60 8 $200 9

4720 EMERALD $220 59 $290 60


4701 BERSERKER $300 5 N.A. 1


4702 ALBERTA $550 7 N.A. 4


4720 EMERALD $290 16 $320 12

Mackay’s real estate market appears to be stabilising as local agents find renewed grounds for cautious optimism that better times are ahead in 2015.

While the city’s rental vacancy rate is still the highest in the state and the local economy continues to face tough conditions, some key indicators are pointing to a potential recovery.

House sale volumes recorded an impressive 14 per cent rise in the three months to September, with unit sales also posting an increase in activity.

There’s growing confidence that the local economic cycle has bottomed out, as important infrastructure projects including a new airport motel add to the sense of optimism in the region.

The Diversify Mackay Leadership Alliance comprising key business, industry and education groups is also adding impetus to the potential economic recovery.

Local agents believe the Mackay real estate market may be nearing the bottom of the cycle and that there is real potential for improved sales volumes heading into 2015.

HOUSE MARKET

Average days on market crept up slightly in the September quarter to 96, with average vendor discounting also slightly up at 9.1 per cent.

While the median sale price in Mackay eased one per cent in the September quarter to $391,000, some suburbs recorded impressive growth in this period.

The median house price in North Mackay was up an impressive of 20.4 per cent to $494,000 in the three months to September.

Buyers at the middle-to-lower end of the market were most active in the September quarter, with Mackay house sales in the sub-$350,000 price bracket recording a healthy rise.

Sales were also up in the $350,000-plus price bracket and relatively steady above $500,000.

Acreage sales rose five per cent, with the median price also up 2.9 per cent to $475,000.

UNIT MARKET

Unit sales numbers in Mackay recorded growth in the September quarter, recording healthy increases in all price brackets, particularly in the $250,000-$350,000 price point.

Sales in the sub-$250,000 price bracket nearly doubled, with the $350,000-plus sector of the market also recording encouraging growth.

The median unit price eased 1.3 per cent , reflecting the higher volume of transactions at the middle-to-lower end of the market.

Average days on market and average vendor discounting in the Mackay unit market however are down compared to a year ago, signalling the bottom of the market is yet to be reached.

RENTAL MARKET

According to the REIQ’s latest rental survey, Mackay has the weakest rental market in Queensland – largely the result of challenging economic conditions caused by the mining investment downturn.

The survey shows a rental vacancy rate of 8.4 per cent in the September quarter, up from 6.8 per cent in the previous quarter.

Local agents say Self-Managed Super Fund investment has come to a standstill, with rents on some properties plunging by up to 50 per cent.

They say the lower returns are making properties far more attractive to renters amid hopes that increased affordability will lead to renewed population growth and economic development in 2015.



31





MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE




UNITS

57

363

860

454

45 62

384

875

508

54

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



197

260

111

46 5

260 282

132

51 5

<$250,000 $250,000+ $350,000+ $500,000+ $1m+




273

520 451

290

36

296

560 457

276

59

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



105

197 177

105

27

108

203 194

112

21

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



9 8

2 2

19

10

4

0

<$250,000 $250,000+ $350,000+ $500,000+



137

63

17 14

222

81

33 19

<$250,000 $250,000+ $350,000+ $500,000+



21

15

4 3

21

12

6

0

<$250,000 $250,000+ $350,000+ $500,000+



6 6 6

3 3 4

6

3

<$250,000 $250,000+ $350,000+ $500,000+



60

47

21 13

55

40

14 11

<$250,000 $250,000+ $350,000+ $500,000+



10 7 5 3

18

33

10 10

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


9

13 11

6

13 13

18

7

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


43 36

18 7

38

62

14 5

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


LAND

43 40 40 31 29

57 49

24

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


379

71 36

3

341

59 22 9

<$250,000 $250,000+ $350,000+ $500,000+




88

33

8 16

102

28 10 10

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


71

35

21 10

46

21 15

8

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


40

1 0

49

2 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


56

9 1

81

16 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


57

0 0

62

3 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


16

0 1

14

1 1

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


41

6 1

28

1 3

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


52

5 0

77

5 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


24

2 2

60

3 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


84

5 2

106

6 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14




RENTAL MARKET - 3 BED TOWNHOUSESPOST SEP-13



MACKAY (LGA) 198 $391,000 -1.0% $406,000 -3.5% 5.6%

MACKAY (LGA) ^ 35 $475,000 2.9% $480,000 -7.7% 5.5%

ANDERGROVE 18 $372,500 3.5% $380,000 -8.4% 0.0%

BEACONSFIELD 12 $387,000 N/A $411,000 -4.4% 5.0%

BLACKS BEACH 10 $420,000 N/A $450,000 0.4% -4.2%

BUCASIA 7 N/A N/A $400,000 -6.7% 2.2%

EAST MACKAY 12 $403,500 N/A $400,000 -5.4% 8.7%

EIMEO 7 N/A N/A $435,000 -7.9% -0.6%

GLENELLA ~ 11 $460,000 -6.9% $465,000 -11.5% -4.6%

MARIAN 10 $474,750 N/A $480,000 7.9% 21.5%

MOUNT PLEASANT 7 N/A N/A $440,000 -1.1% 6.0%

NORTH MACKAY ~ 14 $325,000 20.4% $330,000 -12.2% -0.8%

OORALEA 9 N/A N/A $464,000 -8.1% 5.5%

RURAL VIEW 13 $459,000 N/A $464,500 -9.4% 6.8%

SARINA ~ 6 N/A N/A $305,000 -10.9% 0.3%

SLADE POINT 5 N/A N/A $342,200 -9.4% -3.7%

SOUTH MACKAY ~ 14 $332,500 -12.5% $365,000 -5.2% 5.2%

WALKERSTON 7 N/A N/A $485,000 12.8% 21.4%

WEST MACKAY 12 $360,000 -0.6% $380,000 -0.1% 7.8%

SURROUNDS

ISAAC (LGA) ~ 25 $200,000 -7.0% $230,000 -38.2% -43.2%

DYSART 13 $106,000 N/A N/A N/A N/A

MORANBAH ~ 8 N/A N/A $310,000 -24.8% -27.9%

WHITSUNDAY (LGA) 62 $370,000 -3.9% $390,000 4.3% 1.3%

WHITSUNDAY (LGA) ^ 20 $402,500 N/A $460,000 -8.0% -5.2%

BOWEN 15 $347,500 N/A $362,500 5.1% 3.6%

CANNONVALE 19 $450,000 0.0% $450,000 8.4% -4.3%

JUBILEE POCKET 5 N/A N/A $400,000 1.3% -8.7%

PROSERPINE ~ 10 $222,500 -27.3% $285,000 -16.2% -9.5%

MACKAY (LGA) 72 $301,030 -1.3% $310,000 -1.6% 5.1%

MACKAY ~ 35 $286,322 N/A $290,172 -18.8% -1.5%

SURROUNDS

WHITSUNDAY ~ * 46 $250,000 -15.3% $291,250 1.3% -10.4%

AIRLIE BEACH * 16 $391,000 8.6% $377,000 7.7% -20.2%

CANNONVALE ~ 12 $236,000 -14.6% $260,750 -1.6% -11.6%

MACKAY (LGA) ~ 32 $206,000 6.7% $208,000 0.1% 18.9%

ANDERGROVE 2 N/A N/A $180,000 -2.7% N/A

BLACKS BEACH 3 N/A N/A $190,000 -5.0% 0.5%

RURAL VIEW 3 N/A N/A $219,000 -0.5% 15.3%

SHOAL POINT 1 N/A N/A $208,000 -3.3% N/A

SURROUNDS

WHITSUNDAY (LGA) 16 $172,000 4.2% $160,588 4.3% 0.4%

CANNONVALE 6 N/A N/A $163,000 10.1% -1.2%

MACKAY REGIONAL $345 433 $395 460

4737 ARMSTRONG BEACH $320 28 $370 36

4740 ALEXANDRA $350 346 $400 347

4741 BALL BAY $300 19 $360 17

4750 BUCASIA $345 19 $380 22

4751 GREENMOUNT $330 6 $380 14

4753 DEVEREUX CREEK $330 7 $390 9

ISAAC REGIONAL $275 157 $350 159

4721 CLERMONT $280 13 $400 13

4744 MORANBAH $290 101 $375 90

4745 DYSART $220 27 $250 47

4746 GERMAN CREEK $300 13 $162 5

WHITSUNDEY REGIONAL $320 143 $350 158

4800 ANDROMACHE $320 35 $330 40

4802 AIRLIE BEACH $395 39 $420 61

4804 COLLINSVILLE $275 11 $250 6

4805 BINBEE $270 58 $320 51


4737 ARMSTRONG BEACH $225 18 $270 19

4740 ALEXANDRA $260 267 $320 252

4750 BUCASIA $190 6 $280 6

4751 GREENMOUNT $180 6 $300 5


4721 CLERMONT $200 6 $280 5

4742 BURTON $275 6 N.A. 2

4744 MORANBAH $250 11 $255 15

4746 GERMAN CREEK $250 24 N.A. 1


4800 ANDROMACHE $230 13 $220 18

4802 AIRLIE BEACH $300 123 $300 109

4805 BINBEE $250 39 $260 37


4740 ALEXANDRA $350 49 $420 40


4744 MORANBAH $425 12 $550 19


4802 AIRLIE BEACH $360 20 $390 30



TOWNSVILLE

HOUSES

166

770

1840

235 161

784

1900

274

<$350,000 $350,000+ $500,000+ $1m+



1154 1157

472

18

1272 1256

480

21

<$350,000 $350,000+ $500,000+ $1m+




65

480 548

84 66

575 516

101

<$350,000 $350,000+ $500,000+ $1m+


JUN 14 SEP 14


79

440

346

37 76

443 373

43

<$350,000 $350,000+ $500,000+ $1m+


JUN 14 SEP 14


139

41 9

182

39 7

<$350,000 $350,000+ $500,000+



146 193

64

208

265

95

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


185

41 14

194

46 6

<$350,000 $350,000+ $500,000+



43

55

18

48 59

14

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


167 174

47

255

183

49

<$350,000 $350,000+ $500,000+



56

84

31

64

94

30

<$350,000 $350,000+ $500,000+



153

68

20

163

69

26

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


294

184

60

296

208

56

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


57

363

860

454

45 62

384

875

508

54

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



197

260

111

46 5

260 282

132

51 5

<$250,000 $250,000+ $350,000+ $500,000+ $1m+




273

520 451

290

36

296

560 457

276

59

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



105

197 177

105

27

108

203 194

112

21

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



9 8

2 2

19

10

4

0

<$250,000 $250,000+ $350,000+ $500,000+



137

63

17 14

222

81

33 19

<$250,000 $250,000+ $350,000+ $500,000+



21

15

4 3

21

12

6

0

<$250,000 $250,000+ $350,000+ $500,000+



6 6 6

3 3 4

6

3

<$250,000 $250,000+ $350,000+ $500,000+



60

47

21 13

55

40

14 11

<$250,000 $250,000+ $350,000+ $500,000+



10 7 5 3

18

33

10 10

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


9

13 11

6

13 13

18

7

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


43 36

18 7

38

62

14 5

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


43 40 40 31 29

57 49

24

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


379

71 36

3

341

59 22 9

<$250,000 $250,000+ $350,000+ $500,000+




88

33

8 16

102

28 10 10

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


71

35

21 10

46

21 15

8

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


40

1 0

49

2 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


56

9 1

81

16 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


57

0 0

62

3 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


16

0 1

14

1 1

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


41

6 1

28

1 3

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


52

5 0

77

5 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


24

2 2

60

3 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


84

5 2

106

6 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


Over the September quarter, Townsville’s residential property market bounced back after a very subdued June quarter. House sales volumes were up 27 per cent, along with some increase in activity in the vacant land market.

The unit and townhouse market, however, remains subdued but according to local agents the overall outlook moving into 2015 is very positive for the Townsville region.

Agents also say that the State election will play its part in boosting local confidence as many anticipate how the funds from the proposed leasing of the Port of Townsville will be distributed.

The approval of some proposed large developments will also bring greater job opportunities for a region that currently has one of the highest unemployment rates in the State.

HOUSE MARKET

After tracking along at a relatively stable level of activity over the past two years, the Townsville house market looks to have now turned a corner. There has been a solid lift in sales activity over the September quarter, with preliminary sales numbers reaching a new peak not seen for some time.

According to local agents most buyers still sit under the $500,000 mark, however the top end of the market is reportedly picking up in activity heading into 2015.

Median house prices are yet to record improvements, with many suburbs still recording a softening of prices compared to five years ago.

Another sign that the region is turning a corner is the increasing number of suburbs seeing increases in median prices over the year to September, such as Currajong, Gulliver and Idalia.

Average days on market remained steady at 89 days compared to three months ago, as did average vendor discounting, which has sat at an average annual rate of 7.4 per cent over the past three quarters - another good sign that the local house market is well and truly stabilised.

Local agents also report strong stock levels accompanied by increased buyer enquiry levels, which bodes well for the coming six months.

UNIT MARKET

Although the September quarter saw a drop in sales volumes for the Townsville unit and townhouse market, the overall trend in sales activity is on the way up. The previous quarter saw bumper activity and quicker selling times. Average vendor discounting for unit sales also improved compared to 12 months ago.

The drop off in activity was recorded across all price points, however not all suburbs saw a decline. The suburbs of North Ward, Rosslea and South Townsville all performed well over the quarter, recording a slight increase in sales volumes.

Median sale prices for the region are still well below those recorded five years ago, with the prestige market in particular still struggling to recover. Resales of units bought off the plan are said to be the hardest hit by the softer market conditions.

RENTAL MARKET

At the end of September the Townsville region recorded a vacancy rate of 4.8 per cent, down from a peak of 5.4 per cent three months ago.

According to local property managers surveyed, there continues to be an oversupply in the region. Tenant demand remains weak on the back of poor employment opportunities, with many leaving the area in search of work.

NRAS developments are said to be contributing to the oversupply, however analysis of bonds held by the RTA shows they only contribute around 3 per cent to the rental supply. Four stages of NRAS have now been completed, with the fifth and final stage said to have been postponed indefinitely.

Given the soft market conditions, median weekly rents from the RTA continue to come down, and they are at levels not seen in more than five years.

33





MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE







TOWNSVILLE (LGA) ~ 511 $340,000 -5.6% $357,650 -0.7% -0.7%

TOWNSVILLE (LGA) ^ ~ 57 $445,000 11.1% $430,000 2.7% 3.6%

AITKENVALE 8 N/A N/A $305,000 -4.7% -7.4%

ALICE RIVER ^ 3 N/A N/A $465,000 -4.1% 2.2%

ANNANDALE 23 $420,000 1.2% $430,000 0.9% -2.6%

BOHLE PLAINS 7 N/A N/A $430,000 0.0% -2.3%

BURDELL ~ 28 $411,250 -9.9% $435,000 2.4% 25.4%

BUSHLAND BEACH 35 $419,750 -5.1% $416,500 1.8% 1.0%

CONDON ~ 18 $277,500 -9.0% $292,000 -1.0% -10.2%

CRANBROOK 16 $290,000 N/A $290,000 -4.9% -8.7%

CURRAJONG 12 $246,750 N/A $302,500 6.1% -4.7%

DEERAGUN 8 N/A N/A $317,500 -5.9% -3.6%

DOUGLAS 25 $400,000 1.0% $397,000 1.8% -1.0%

GARBUTT 6 N/A N/A $292,750 N/A N/A

GULLIVER 11 $287,500 N/A $300,500 6.4% 0.5%

HEATLEY 8 N/A N/A $290,000 3.6% -4.9%

HERMIT PARK 7 N/A N/A $380,000 5.3% 4.1%

IDALIA ~ 17 $507,500 22.1% $490,000 6.5% 4.3%

KELSO 22 $275,000 -1.8% $282,000 -2.4% -10.5%

KELSO ^ 7 N/A N/A $477,000 4.7% 8.4%

KIRWAN 66 $333,500 -6.1% $350,000 0.0% -5.4%

MOUNT LOUISA 32 $375,000 -3.1% $385,000 -6.1% -1.3%

MUNDINGBURRA 6 N/A N/A $377,500 2.0% 6.0%

NORTH WARD ~ 4 N/A N/A $515,000 -23.0% N/A

RAILWAY ESTATE 15 $325,000 N/A $320,000 -4.8% -4.5%

RASMUSSEN 16 $267,000 N/A $278,000 -6.2% -7.9%

SHAW 7 N/A N/A $432,688 3.8% N/A

SOUTH TOWNSVILLE 8 N/A N/A $342,500 5.7% -9.9%

THURINGOWA CENTRAL 7 N/A N/A $314,500 -0.2% -6.1%

WEST END 11 $358,500 N/A $357,500 -8.8% 1.4%

WULGURU 19 $297,000 4.2% $294,000 -5.2% -8.1%

SURROUNDS

BURDEKIN (LGA) ~ 28 $217,500 27.9% $212,500 4.9% -7.6%

AYR 14 $257,750 1.1% $245,000 -3.9% 0.6%

HOME HILL ~ 7 N/A N/A $165,000 4.1% -28.3%

CHARTERS TOWERS (LGA) 12 $187,000 5.4% $202,500 7.7% -10.0%

CHARTERS TOWERS CITY 2 N/A N/A $179,000 -5.8% -10.5%

HINCHINBROOK (LGA) 14 N/A N/A $240,000 3.0% -2.0%

INGHAM 5 N/A N/A $245,000 3.2% 8.9%

TOWNSVILLE (LGA) ~ 121 $251,750 -6.8% $272,000 -5.9% -13.7%

CRANBROOK 6 N/A N/A $229,500 N/A N/A

DOUGLAS 8 N/A N/A $290,000 -9.7% -7.1%

HERMIT PARK ~ 7 N/A N/A $168,000 N/A -27.0%

IDALIA 2 N/A N/A $357,000 -0.6% N/A

NELLY BAY ~ f 8 N/A N/A $197,250 -40.2% -50.3%

NORTH WARD ~ 19 $243,000 -14.7% $253,750 -22.6% -30.5%

ROSSLEA 7 N/A N/A $228,500 1.6% -12.1%

SOUTH TOWNSVILLE 7 N/A N/A $365,000 1.7% 0.7%

TOWNSVILLE CITY ~ f 15 $315,000 -24.6% $378,000 -4.8% -22.7%

WEST END ~ 6 N/A N/A $225,000 5.9% -29.7%

TOWNSVILLE (LGA) 116 $161,900 3.8% $163,000 0.3% -1.2%

TOWNSVILLE (LGA) ^ 10 N/A N/A $195,000 0.0% -4.4%

BOHLE PLAINS 3 N/A N/A $160,000 -4.3% -4.8%

BURDELL 30 $160,900 N/A $156,900 2.9% -13.1%

BUSHLAND BEACH 8 N/A N/A $153,000 -5.6% 2.7%

DEERAGUN 6 N/A N/A $167,900 0.0% 21.7%

KELSO 6 N/A N/A $139,000 -4.1% -4.1%

KIRWAN 3 N/A N/A $185,725 N/A N/A

MOUNT LOUISA 2 N/A N/A $180,000 2.9% 9.1%

MOUNT LOW ~ 19 $165,000 8.6% $163,000 3.2% 2.5%

OONOONBA 6 N/A N/A $157,500 -0.9% N/A

TOWNSVILLE CITY $320 683 $340 680

4810 BELGIAN GARDENS $350 64 $350 66

4811 IDALIA $340 30 $330 24

4812 CURRAJONG $320 64 $330 66

4814 AITKENVALE $320 176 $350 192

4815 CONDON $300 118 $315 127

4816 ALLIGATOR CREEK $250 12 $290 10

4817 KIRWAN $330 94 $350 104

4818 DEERAGUN $310 105 $345 82

4819 MAGNETIC IS $300 20 $280 9

BURDEKIN SHIRE $270 52 $280 60

4806 ARKENDEITH $260 12 $280 9

4807 AIRVILLE $270 37 $280 42

CHARTERS TOWERS REGIONAL $250 40 $270 52

4820 RICHMOND HILL $250 40 $270 52

HINCHINBROOK SHIRE $250 32 $260 40

4850 ABERGOWRIE $250 32 $260 40


4810 BELGIAN GARDENS $285 354 $300 356

4811 IDALIA $350 45 $340 25

4812 CURRAJONG $245 164 $260 173

4814 AITKENVALE $270 83 $288 83

4815 CONDON $270 25 $300 24

4817 KIRWAN $260 36 $290 40

4818 DEERAGUN $224 16 $250 6

4819 MAGNETIC IS $320 16 $300 14

BURDEKIN SHIRE $210 51 $210 47

4806 ARKENDEITH $200 7 N.A. 3

4807 AIRVILLE $210 42 $210 44

CHARTERS TOWERS REGIONAL $180 7 $220 22

4820 RICHMOND HILL $180 7 $220 22

HINCHINBROOK SHIRE $200 18 $170 30

4850 ABERGOWRIE $200 18 $170 30


4810 BELGIAN GARDENS $260 27 $300 23

4812 CURRAJONG $260 30 $285 14

4814 AITKENVALE $280 6 N.A. 1



RENTAL MARKET

In Cairns, local agents report increased investor activity, however with strong tenant demand in play, the region's vacancy rate tightened slightly. Over the three months to September, the vacancy rate was down 0.2 percentage points to 1.8 per cent.

The Cairns rental market continues to benefit from improving local conditions, with employment opportunities reportedly bringing more people to the area. The region recorded modest increases in median weekly rents over the September quarter, according to figures released by the RTA.

Current gross yields also remain relatively strong, with house rentals remaining steady at 4.8 per cent. An easing median unit price saw unit gross yields go up to 6.9 per cent – the highest of all major centres.

According to local agents, more investors are being attracted to Cairns, which will ensure rental stock can keep pace with current levels of demand.

CAIRNS

HOUSES

166

770

1840

235 161

784

1900

274

<$350,000 $350,000+ $500,000+ $1m+



1154 1157

472

18

1272 1256

480

21

<$350,000 $350,000+ $500,000+ $1m+




65

480 548

84 66

575 516

101

<$350,000 $350,000+ $500,000+ $1m+


JUN 14 SEP 14


79

440

346

37 76

443 373

43

<$350,000 $350,000+ $500,000+ $1m+


JUN 14 SEP 14


139

41 9

182

39 7

<$350,000 $350,000+ $500,000+



146 193

64

208

265

95

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


185

41 14

194

46 6

<$350,000 $350,000+ $500,000+



43

55

18

48 59

14

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


167 174

47

255

183

49

<$350,000 $350,000+ $500,000+



56

84

31

64

94

30

<$350,000 $350,000+ $500,000+



153

68

20

163

69

26

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


294

184

60

296

208

56

<$350,000 $350,000+ $500,000+


JUN 14 SEP 14


57

363

860

454

45 62

384

875

508

54

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



197

260

111

46 5

260 282

132

51 5

<$250,000 $250,000+ $350,000+ $500,000+ $1m+




273

520 451

290

36

296

560 457

276

59

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



105

197 177

105

27

108

203 194

112

21

<$250,000 $250,000+ $350,000+ $500,000+ $1m+



9 8

2 2

19

10

4

0

<$250,000 $250,000+ $350,000+ $500,000+



137

63

17 14

222

81

33 19

<$250,000 $250,000+ $350,000+ $500,000+



21

15

4 3

21

12

6

0

<$250,000 $250,000+ $350,000+ $500,000+



6 6 6

3 3 4

6

3

<$250,000 $250,000+ $350,000+ $500,000+



60

47

21 13

55

40

14 11

<$250,000 $250,000+ $350,000+ $500,000+



10 7 5 3

18

33

10 10

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


9

13 11

6

13 13

18

7

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


43 36

18 7

38

62

14 5

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


43 40 40 31 29

57 49

24

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


379

71 36

3

341

59 22 9

<$250,000 $250,000+ $350,000+ $500,000+




88

33

8 16

102

28 10 10

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


71

35

21 10

46

21 15

8

<$250,000 $250,000+ $350,000+ $500,000+


JUN 14 SEP 14


40

1 0

49

2 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


56

9 1

81

16 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


57

0 0

62

3 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


16

0 1

14

1 1

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


41

6 1

28

1 3

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


52

5 0

77

5 0

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


24

2 2

60

3 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


84

5 2

106

6 4

<$250,000 $250,000+ $350,000+


JUN 14 SEP 14


As the Cairns local economy and tourism industry continue to improve, the residential property market is taking its turn to shine.

Both the house and unit markets in Cairns topped the major regions for increased activity over the quarter, and the city also saw a healthy increase in its median sale prices over the year to September.

The region is seeing a number of key commercial developments, which is adding to the local amenity of the region, and giving investors more reasons to look to the Far North Queensland. Redlynch Shopping Centre’s expansion is said to be almost complete while a Bunnings store is set to open in Portsmith.

The much anticipated Aquis development has hit some “road blocks” with delays surrounding the various licencing and approvals required for the resort complex. However local agents say that there is a strong likelihood the planned resort will go ahead, it only being a matter of when.

HOUSE MARKET

The house market in Cairns saw an impressive 38 per cent increase in preliminary sales numbers over the quarter, with its median sale price remaining relatively stable, down just 0.5 percent to $379,000.

Price point data shows the increase in sales activity spread relatively evenly across all price segments, with the largest increase seen in the $350,000-plus price point. Sales in the $500,000-plus price bracket were up 48 per cent, reaching an all-time high of 95 preliminary sales - an indication that confidence in the Cairns property market is improving.

According to local agents, investors are actively looking in Cairns and this is further adding to local buyer demand. Days on market are are also coming down reflecting the increase in demand.

UNIT MARKET

The unit market in Cairns has been quick to follow the house market, with sales volumes over the September quarter also up significantly. Compared to the June quarter, preliminary unit and townhouse sales numbers were up 34 per cent, reaching levels of activity not seen in five years.

Local agents say prices still remain low, with the bulk of buyer activity strongest in the sub-$250,000 price point. With strong activity at the affordable end of the market, the Cairns median unit sale price dipped 5.4 per cent over the quarter.

However over the year to September, the median recorded an increase of 7.5 per cent, a sign that the unit market is well on its way to recovery.

35





MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE





CAIRNS (LGA) 549 $379,000 -0.5% $376,000 6.2% 6.5%

CAIRNS (LGA) ^ 26 $585,500 N/A $576,500 4.8% -3.1%

BAYVIEW HEIGHTS ~ 18 $386,750 10.5% $381,250 6.6% 13.8%

BENTLEY PARK 36 $347,000 -1.6% $345,000 3.0% 3.0%

BRINSMEAD 22 $437,500 5.4% $413,000 8.7% 3.3%

BUNGALOW ~ 7 N/A N/A $345,000 31.4% 17.7%

CAIRNS NORTH 3 N/A N/A $410,000 N/A N/A

CARAVONICA ~ 2 N/A N/A $352,500 16.5% 4.0%

CLIFTON BEACH 13 $504,000 N/A $502,000 -1.3% 4.0%

EARLVILLE 11 $367,000 N/A $340,000 6.3% 0.7%

EDGE HILL 14 $420,000 N/A $465,000 12.0% 12.0%

EDMONTON 64 $345,000 0.0% $330,000 5.8% -1.5%

FRESHWATER 7 N/A N/A $422,500 N/A -4.0%

GORDONVALE 26 $302,750 -5.5% $310,000 1.6% 3.3%

HOLLOWAYS BEACH 7 N/A N/A $385,000 10.0% 2.7%

KANIMBLA 5 N/A N/A $450,000 3.0% 7.1%

KEWARRA BEACH 30 $420,000 -4.3% $416,000 5.3% 3.8%

MANOORA 12 $252,500 -0.2% $269,000 3.3% -8.2%

MANUNDA 15 $312,500 0.8% $315,000 10.5% -3.7%

MOOROOBOOL 27 $325,000 -3.6% $330,000 1.5% 0.9%

MOUNT SHERIDAN 32 $339,000 -7.0% $345,000 4.5% 3.0%

PARRAMATTA PARK 17 $392,000 N/A $375,000 7.9% -5.1%

REDLYNCH 30 $435,000 -1.1% $440,000 10.0% 7.6%

SMITHFIELD 23 $410,000 3.8% $395,000 6.8% 4.8%

TRINITY BEACH ~ 19 $509,000 16.3% $447,500 13.3% 7.0%

TRINITY PARK 23 $436,000 3.8% $417,500 7.9% 10.9%

WESTCOURT 10 $320,000 N/A $320,000 -0.2% 3.2%

WHITE ROCK ~ 14 $325,000 20.4% $290,000 6.6% 5.1%

WHITFIELD ~ 22 $585,000 39.3% $522,500 16.1% 25.9%

WOREE 9 N/A N/A $310,000 10.7% 6.9%

SURROUNDS

CASSOWARY COAST (LGA) ~ 35 $244,500 17.8% $240,000 4.3% -5.9%

CASSOWARY COAST (LGA) ^ 10 N/A N/A $327,500 8.3% -10.9%

DOUGLAS (LGA) ~ 39 $325,000 -15.5% $375,250 2.8% 0.1%

MOSSMAN 7 N/A N/A $272,500 N/A -9.2%

PORT DOUGLAS ~ 9 N/A N/A $480,000 3.2% -11.1%

MAREEBA (LGA) 33 $280,000 -0.9% $280,000 19.1% 14.1%

MAREEBA (LGA) ^ 21 $419,000 6.8% $420,000 5.0% -1.2%

KURANDA ^ 9 N/A N/A $430,000 1.2% -5.5%

MAREEBA ^ 7 N/A N/A $422,500 11.5% N/A

MAREEBA ~ 29 $280,000 0.0% $280,000 19.1% 13.8%

TABLELANDS (LGA) 38 $277,500 4.3% $290,000 9.4% -5.5%

TABLELANDS (LGA) ^ ~ 28 $307,500 -20.6% $385,000 4.1% 3.1%

ATHERTON 19 $280,000 4.3% $310,000 0.0% -8.8%

MALANDA 4 N/A N/A $250,000 N/A N/A

YUNGABURRA 4 N/A N/A $352,500 N/A N/A

CAIRNS (LGA) 328 $210,000 -5.4% $215,000 7.5% -14.0%

BUNGALOW ~ 8 N/A N/A $155,000 21.1% -19.5%

CAIRNS CITY ~ 28 $264,000 -0.4% $325,000 -13.4% -26.1%

CAIRNS NORTH 43 $228,000 6.5% $226,000 5.1% -17.5%

CLIFTON BEACH 8 N/A N/A $235,000 N/A -23.0%

EARLVILLE 7 N/A N/A $210,000 11.1% 3.7%

EDGE HILL 10 $182,500 N/A $165,000 8.6% -19.9%

EDMONTON 10 $112,000 N/A $141,000 N/A N/A

FRESHWATER 6 N/A N/A $280,000 N/A 14.3%

HOLLOWAYS BEACH 7 N/A N/A $166,250 12.7% -21.8%

MANOORA 26 $144,000 5.1% $140,000 -9.1% -28.8%

MANUNDA * t 23 $138,500 -48.7% $151,800 11.6% -19.7%

MOOROOBOOL 8 N/A N/A $183,750 3.5% -29.1%

PALM COVE ~ f 24 $278,750 24.6% $276,000 9.5% -24.4%

PARRAMATTA PARK ~ 5 N/A N/A $242,750 21.4% -10.8%

REDLYNCH 4 N/A N/A $235,000 N/A -8.2%

TRINITY BEACH ~ f 29 $265,000 17.8% $230,000 3.4% -24.6%

WESTCOURT ~ 11 $290,000 68.1% $215,000 19.4% -31.5%

WOREE ~ 7 $155,000 17.0% $145,000 23.4% -8.8%

YORKEYS KNOB 19 $220,000 N/A $230,000 16.8% 15.0%

SURROUNDS

DOUGLAS (LGA) ~ f 52 $195,500 -20.2% $233,000 16.5% 3.1%

PORT DOUGLAS ~ f 49 $191,000 -23.6% $219,000 10.1% -6.8%

CAIRNS (LGA) ~ 81 $203,500 19.7% $183,500 9.2% 11.2%

CAIRNS (LGA) ^ 13 N/A N/A $225,000 N/A N/A

BENTLEY PARK 2 N/A N/A $151,000 4.8% 4.1%

EDMONTON 17 $139,800 N/A $135,700 8.6% 10.1%

MOUNT SHERIDAN 2 N/A N/A $174,000 1.2% 3.9%

PALM COVE ~ 4 N/A N/A $255,000 N/A 34.2%

REDLYNCH 4 N/A N/A $183,500 0.5% 7.9%

SMITHFIELD 6 N/A N/A $178,750 7.0% N/A

TRINITY BEACH 6 N/A N/A $175,000 4.5% -5.4%

TRINITY PARK 12 $225,250 N/A $215,000 -4.4% 26.5%

SURROUNDS

CASSOWARY COAST (LGA) 12 N/A N/A $100,000 N/A -13.0%

DOUGLAS (LGA) 20 $149,000 N/A $130,500 N/A N/A

MAREEBA (LGA) 14 N/A N/A $89,500 N/A N/A

MAREEBA 9 N/A N/A $90,000 5.9% -10.0%

CAIRNS REGIONAL $350 460 $340 483

4865 GOLDSBOROUGH $310 23 $300 17

4868 BAYVIEW HEIGHTS $340 81 $330 75

4869 BENTLEY PARK $325 69 $315 57

4870 AEROGLEN $350 160 $350 162

4878 BARRON $370 42 $360 53

4879 BUCHAN POINT $375 81 $380 65

DOUGLAS SHIRE $330 40 $0 0

4873 BAILEY CREEK $320 28 $280 31

4877 CRAIGLIE $420 12 $400 15

CASSOWARY COAST REGIONAL $280 102 $280 93

4849 CARDWELL $250 6 N.A. 4

4852 BINGIL BAY $350 20 $320 21

4854 BILYANA $305 13 $330 13

4860 BAMBOO CREEK $275 53 $255 41

TABLELANDS REGIONAL $290 90 $295 140

4872 BARRINE $250 5 $305 11

4883 ATHERTON $295 40 $290 32

4884 LAKE BARRINE $300 10 $295 5

4885 BUTCHERS CREEK $270 12 $280 11

4887 HERBERTON $295 5 N.A. 3

4888 EVELYN $250 14 $240 5

MAREEBA SHIRE $310 54 $0 0

4880 ARRIGA $300 43 $295 57

4881 KOAH $360 11 $350 11



OTHER REGIONAL




MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE









4865 GOLDSBOROUGH $215 6 N.A. 3

4868 BAYVIEW HEIGHTS $280 80 $240 91

4869 BENTLEY PARK $220 9 $235 19

4870 AEROGLEN $270 542 $265 579

4878 BARRON $270 64 $260 86

4879 BUCHAN POINT $300 132 $300 124


4873 BAILEY CREEK $200 16 $180 16

4877 CRAIGLIE $300 58 $280 67

CASSOWARY COAST REGIONAL $200 98 $210 79

4849 CARDWELL $200 8 $230 11

4852 BINGIL BAY $230 20 $250 23

4854 BILYANA $120 24 $220 9

4860 BAMBOO CREEK $195 44 $190 35

TABLELANDS REGIONAL $230 42 $220 76

4883 ATHERTON $230 34 $210 29

MAREEBA SHIRE $250 37 $0 0

4880 ARRIGA $250 31 $240 27

4881 KOAH $250 6 N.A. 3


4868 BAYVIEW HEIGHTS $230 9 $210 10

4869 BENTLEY PARK $220 9 N.A. 4

4870 AEROGLEN $270 59 $260 43

4878 BARRON $260 14 $250 21

4879 BUCHAN POINT $310 8 $280 5


4877 CRAIGLIE $300 19 $280 18

SOUTH WEST

BALONNE (LGA) 15 $185,000 N/A N/A N/A N/A

ST GEORGE 12 $249,000 N/A $218,500 5.8% 27.4%

MARANOA (LGA) 30 $277,500 -7.5% $290,000 -2.5% 26.1%

ROMA 26 $285,000 0.4% $307,000 -4.8% 22.8%

MURWEH (LGA) 11 N/A N/A $100,000 N/A -26.5%

CHARLEVILLE ~ 10 $74,500 N/A $107,500 -21.0% -28.3%

CENTRAL WEST

LONGREACH (LGA) 12 N/A N/A N/A N/A N/A

LONGREACH ~ 11 $200,000 N/A $205,000 -16.7% -6.8%

NORTH WEST

MOUNT ISA (LGA) 31 $355,000 -1.7% $362,500 -3.7% 11.5%

HEALY 2 N/A N/A $417,000 -4.1% 13.5%

SOUTH WEST

MARANOA (LGA) 4 N/A N/A $160,000 N/A N/A

ROMA 2 N/A N/A $160,000 0.0% N/A

SOUTH WEST

BALONNE SHIRE N.A. 13 N.A. 12

4487 ST GEORGE $250 12 $250 10

MARANOA REGIONAL $400 73 $410 58

4455 ANGELLALA $425 58 $450 48

4465 MITCHELL $250 6 N.A. 3

MURWEH $220 18 N.A. 14

4470 CHARLEVILLE $220 17 $230 13

CENTRAL WEST

LONGREACH $270 26 $275 19

4730 BRIXTON $270 24 $275 19

NORTH WEST

MOUNT ISA CITY $480 88 $550 83

4825 ALEXANDRIA $480 88 $550 83

CLONCURRY SHIRE $350 24 $400 14

4824 CLONCURRY $350 24 $400 14

FAR NORTH

COOK SHIRE $280 35 $270 33

4871 ALMADEN $270 12 $250 17

4895 BLOOMFIELD $300 22 $280 16

SOUTH WEST

BALONNE SHIRE N.A. 5 N.A. 5

4487 ST GEORGE $190 5 N.A. 3

MARANOA REGIONAL $320 22 $250 26

4455 ANGELLALA $320 22 $250 26

CENTRAL WEST

LONGREACH N.A. 8 N.A. 8

4730 BRIXTON $140 7 $195 8

NORTH WEST

MOUNT ISA CITY $320 87 $380 92

4825 ALEXANDRIA $320 87 $380 92

CLONCURRY SHIRE $280 6 N.A. 3

4824 CLONCURRY $280 6 N.A. 3

FAR NORTH

COOK SHIRE N.A. 7 N.A. 4

4895 BLOOMFIELD $200 7 N.A. 3




HOUSES CHANGE OVER YEAR

LGA TOTAL LISTINGS

% STOCK ON MARKET

DAYS ON MARKET*

VENDOR DISCOUNT*

TOTAL LISTINGS

% STOCK ON MARKET

DAYS ON MARKET*

VENDOR DISCOUNT*

GREATER BRISBANE % PTS % PTS

BRISBANE 19,632 6.4% 57 -5.5% 5% 0.3% -21 1.1%

IPSWICH 4,301 7.0% 82 -6.5% 11% 0.5% -14 1.6%

LOGAN 6,279 7.2% 76 -5.8% 14% 0.8% -16 0.9%

MORETON BAY 9,492 7.3% 73 -5.4% 16% 0.6% -16 1.4%

REDLAND 3,876 8.4% 70 -5.7% 11% 0.6% -17 1.2%

TOURISM CENTRES

GOLD COAST 9,750 7.7% 72 -6.0% 8% 0.1% -20 1.3%

SUNSHINE COAST 9,099 9.0% 90 -5.9% 4% -0.1% -14 1.6%

FRASER COAST 3,526 9.5% 109 -7.6% 5% 0.3% -12 0.5%

CAIRNS 3,297 6.7% 71 -5.8% -1% -0.5% -17 1.2%

REGIONAL QLD

BUNDABERG 2,810 8.3% 89 -7.5% 6% 0.1% 1 -1.0%

GLADSTONE 1,730 7.9% 114 -9.8% -13% -1.6% -1 -0.9%

MACKAY 2,776 7.2% 95 -9.0% -2% -0.3% 12 -2.1%

ROCKHAMPTON 3,308 7.8% 94 -8.0% -7% -1.0% 1 -0.6%

TOOWOOMBA 4,291 8.7% 62 -4.5% 8% 0.5% -17 0.9%

TOWNSVILLE 4,230 7.1% 89 -7.4% 3% 0.0% -1 0.1%

0

20

40

60

80

100

120

140

160

Brisb

ane

SD

Brisb

ane

Ipsw

ich

Loga

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Mor

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Bay

Redl

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Gol

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Suns

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Coa

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Bund

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Cairn

s

Fras

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oast

Gla

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Mac

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Rock

ham

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Toow

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Tow

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lle

Average Days On Market - UNITS

2013* 2014*

*12mths to the end of August Source: REIQ, data supplied by RP Data

-12.0%

-10.0%

-8.0%

-6.0%

-4.0%

-2.0%

0.0%

Average Vendor Discounting - UNITS 2013* 2014*

0

20

40

60

80

100

120

140

Brisb

ane

SD

Brisb

ane

Ipsw

ich

Loga

n

Mor

eton

Bay

Redl

and

Gol

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ast

Suns

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…

Bund

aber

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Cairn

s

Fras

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oast

Gla

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Rock

ham

pton

Toow

oom

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Tow

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lle

Average Days On Market - HOUSES

2013* 2014*

*12mths to the end of August Source: REIQ, data supplied by RP Data

-12.0%

-10.0%

-8.0%

-6.0%

-4.0%

-2.0%

0.0%

Average Vendor Discounting - HOUSES 2013* 2014*



0

20

40

60

80

100

120

140

160

Average Days On Market - UNITS

2013* 2014**12mths to the end of May

Source: REIQ, data supplied by RP Data

-14.0%

-12.0%

-10.0%

-8.0%

-6.0%

-4.0%

-2.0%

0.0%

Average Vendor Discounting - UNITS2013* 2014*

UNITS & TOWNHOUSES CHANGE OVER YEAR

LGA TOTAL LISTINGS

% STOCK ON MARKET

DAYS ON MARKET*

VENDOR DISCOUNT*

TOTAL LISTINGS

% STOCK ON MARKET

DAYS ON MARKET*

VENDOR DISCOUNT*

SOUTHEAST QLD % PTS % PTS

BRISBANE 8,502 6.4% 66 -4.8% 12% 0.3% -22 0.7%

IPSWICH 442 10.3% 117 -7.4% 2% -0.4% -17 0.8%

LOGAN 1,499 10.8% 101 -6.3% 25% 1.7% -15 2.0%

MORETON BAY 1,978 9.3% 100 -5.5% 23% 1.3% -22 2.1%

REDLAND 647 9.5% 90 -5.3% 4% 0.0% -29 1.0%

TOURISM CENTRES

GOLD COAST 10,807 9.1% 93 -6.7% 6% 0.4% -19 1.8%

SUNSHINE COAST 4,825 9.6% 106 -6.4% 6% -0.4% -10 1.4%

CAIRNS 2,137 8.0% 97 -7.6% -1% -0.3% -21 1.5%

FRASER COAST 516 11.1% 118 -6.6% 4% 0.2% -17 1.9%

REGIONAL QLD

BUNDABERG 394 11.1% 138 -8.0% 13% 1.0% 38 -1.4%

GLADSTONE 262 7.2% 130 -11.3% -22% -3.0% 1 -2.6%

MACKAY 471 7.9% 129 -12.9% 4% -0.3% 21 -5.0%

ROCKHAMPTON 406 7.7% 112 -6.6% 5% -3.4% -11 0.4%

TOOWOOMBA 588 8.9% 76 -4.3% 15% 0.7% -6 0.6%

TOWNSVILLE 1,235 10.3% 126 -9.4% 6% 0.0% -6 0.9%


RENTAL MARKET INDICATORS

RENTAL MARKET INDICATORS

RESIDENTIAL VACANCY RATES

AS AT END OF: SEP-14 JUN-14 TREND STATUS

GREATER BRISBANE COLUMN1 COLUMN2 COLUMN3 COLUMN4

BRISBANE SD 2.0% 2.3% DOWN TIGHT

BRISBANE CITY 2.3% 2.4% STEADY TIGHT

BRISBANE INNER 2.9% 3.4% DOWN HEALTHY

BRISBANE BALANCE 2.0% 1.7% STEADY TIGHT

BRISBANE SURROUNDS 1.7% 2.2% DOWN TIGHT

IPSWICH CITY 1.6% 3.0% DOWN TIGHT

LOGAN CITY 1.5% 2.8% DOWN TIGHT

MORETON BAY 1.8% 1.7% STEADY TIGHT

CABOOLTURE 1.6% 1.5% STEADY TIGHT

PINE RIVERS 1.9% 0.9% UP TIGHT

REDCLIFFE 2.1% 2.4% DOWN TIGHT

REDLAND CITY 1.8% 1.5% UP TIGHT

MAINLAND 1.9% 1.4% UP TIGHT

BAY ISLANDS N/A 2.6% N/A N/A

TOURISM CENTRES COLUMN1 COLUMN2 COLUMN3 COLUMN4

GOLD COAST CITY 1.9% 1.7% STEADY TIGHT

SUNSHINE COAST (INCL NOOSA) 1.1% 1.2% STEADY TIGHT

SUNSHINE COAST 1.0% 1.1% STEADY TIGHT

CALOUNDRA COAST 1.2% 0.9% UP TIGHT

MAROOCHY COAST 1.0% 0.9% STEADY TIGHT

HINTERLAND* 0.8% 2.0% DOWN TIGHT

NOOSA* 1.2% 2.0% DOWN TIGHT

FRASER COAST 2.1% 2.5% DOWN TIGHT

HERVEY BAY 1.9% 1.9% STEADY TIGHT

MARYBOROUGH 2.4% 3.2% DOWN TIGHT

CAIRNS 1.8% 2.0% STEADY TIGHT

REGIONAL QLD COLUMN1 COLUMN2 COLUMN3 COLUMN4

BUNDABERG 2.9% 4.0% DOWN HEALTHY

GLADSTONE 4.7% 5.6% DOWN WEAK

MACKAY 8.4% 6.8% UP WEAK

ROCKHAMPTON 4.1% 4.8% DOWN WEAK

TOOWOOMBA 1.6% 1.5% STEADY TIGHT

TOWNSVILLE 4.8% 5.4% DOWN WEAK

OTHER REGIONAL AREAS COLUMN1 COLUMN2 COLUMN3 COLUMN4

BANANA 4.8% N/A N/A WEAK

DOUGLAS 6.7% 2.2% UP WEAK

GYMPIE 1.9% 2.0% STEADY TIGHT

SCENIC RIM 4.7% N/A N/A WEAK

SOUTHERN DOWNS 4.1% 3.3% UP WEAK

WESTERN DOWNS 13.0% N/A N/A WEAK

WHITSUNDAY 6.2% 13.0% DOWN WEAK

GROSS YIELDS HOUSES UNITS

LOCAL GOVERNMENT AREA SEP-14 JUN-14 SEP-14 JUN-14

GREATER BRISBANE

BRISBANE CITY 3.7% 3.7% 5.0% 4.9%

IPSWICH CITY 5.2% 5.2% 5.4% 4.6%

LOGAN CITY 5.2% 5.1% 5.6% 6.0%

MORETON BAY 4.6% 4.6% 4.4% 4.4%

REDLAND CITY 4.2% 4.2% 4.8% 5.0%

TOURISM CENTRES

GOLD COAST CITY 4.5% 4.3% 5.5% 5.3%

SUNSHINE COAST 4.4% 4.4% 4.9% 4.9%

NOOSA 4.2% 3.8% 4.7% 5.2%

CAIRNS 4.8% 4.8% 6.9% 6.4%

FRASER COAST 5.1% 5.1% 5.1% 4.9%

REGIONAL AREAS

BUNDABERG 5.5% 5.2% 5.1% 4.4%

GLADSTONE 4.4% 4.4% 3.5% 4.4%

MACKAY 4.6% 4.6% 4.3% 4.7%

ROCKHAMPTON 5.1% 4.9% 2.9% 3.0%

TOOWOOMBA 4.6% 4.6% 4.5% 4.8%

TOWNSVILLE CITY 4.9% 4.8% 5.5% 5.2%

OTHER REGIONAL AREAS

BALONNE 7.0% N/A N/A N/A

BANANA 5.7% 6.1% N/A N/A

BURDEKIN 6.5% 7.6% N/A N/A

CASSOWARY COAST 6.0% 7.1% 17.3% N/A

CENTRAL HIGHLANDS 4.3% 3.8% N/A N/A

CHARTERS TOWERS 7.0% 7.6% N/A N/A

DOUGLAS 5.3% 4.7% 7.6% 5.9%

GOONDIWINDI 5.9% 6.7% N/A N/A

GYMPIE 5.4% 5.3% 4.1% N/A

ISAAC 7.2% 6.7% N/A N/A

LIVINGSTONE 5.0% 5.1% 4.6% 4.9%

LOCKYER VALLEY 5.6% 5.9% N/A N/A

MARANOA 7.5% 6.9% N/A N/A

MAREEBA 5.8% 5.9% N/A N/A

MOUNT ISA 7.0% 6.9% N/A N/A

NORTH BURNETT 7.0% 7.8% N/A N/A

SCENIC RIM 4.6% 5.0% N/A N/A

SOMERSET 5.6% 5.3% N/A N/A

SOUTH BURNETT 6.0% 6.1% N/A N/A

SOUTHERN DOWNS 5.5% 5.2% N/A N/A

TABLELANDS 5.4% 5.6% N/A N/A

WESTERN DOWNS 5.6% 6.9% N/A N/A

WHITSUNDAY 4.5% 4.6% 5.8% 4.9%

VACANCY TREND: STEADY =

+/- 0.2%

UP =

> +

0.3%;

DOWN =

< -0.3%

OR MORE

MARKET STATUS:

TIGHT <2.5%

HEALTHY =

2.5-3.5%

WEAK >

3.5%

The Real Estate Institute of Queensland Ltd. Copyright 2014 21 Turbo Drive, Coorparoo, PO Box 1555, Coorparoo DC Q 4151

Ph: (07) 3249 7347 Fax: (07) 3249 6211 Email: [email protected]

Queensland Market Monitor is published byThe Real Estate Institute of Queensland (REIQ).

ABN 49 009 661 287

Sales data obtained from Core Logic RP Data (www.corelogic.com.au) and median weekly rental data from the Residential Tenancies Authority (www.rta.qld.gov.au). Enquiries about the reproduction of part or all of the information should be directed to the Corporate Affairs Division, REIQ.

© The State of Queensland (Department of Environment and Resource Management) 2014. Based on data provided with the permission of the Department of Natural Resources and Mines: [QVAS 2014)]. The Department of Environment and Resource Management makes no representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses and damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason.

Disclaimer: The information contained in this publication, while based on information believed reliable, is not guaranteed. Nor is any of it tendered by way of investment advice; instead, it is intended only to inform and illustrate. No reader should act on the basis of any matter contained in this publication without considering and if necessary taking appropriate professional advice with regards to their own particular circumstances. The publisher and editor give no representations and make no warranties, express or implied, with respect to the accuracy or completeness of any of the material (including statistics, advertisements and advertising features) contained in this publication. The publisher and editor expressly disclaim any and all liability to the reader, whether a purchaser of this publication or not, in respect of anything and the consequences of anything done or omitted to be done by any such person in reliance, whether whole or partial, upon the whole or any part of the contents of this publication. The publisher, editor or contributors will enter into no correspondence in relation to this publication. The mention of the company, organisation, person, investment strategy or technique does not imply endorsement by the publisher. The publisher has not vetted advertisers and their products/services. The inclusion of advertisements or special advertising features in this publication does not imply endorsement of the advertiser/s or their products/services by the publisher. Articles are published in reliance upon the representations and warranties of the authors of the articles and without knowledge of any infringement of any third party’s copyright. Copyright: This publication is protected under the Commonwealth Copyrights Act 1968 and may not, in whole or part, be lent, copied, photocopied, reproduced, translated or reduced to any electronic medium or machine-readable format without the express permission of the publisher. For permissions or reprints, contact the Corporate Affairs Division on phone 07 3249 7347.

Data report date: 11 November 2014 Published date: 05 December 2014

reiqdotcombuyrentselleasy.indd 1 1/10/13 10:55 AM

QUEENSLAND MARKET MONITOR is a quarterly, electronic publication entirely focused on residential sales and rental research data for regions throughout the State, on a suburb-by-suburb basis. It meets the high standards for accurate data and reliable analysis that you have come to expect from the REIQ.

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Documents

2014 REIQ Market Monitor – September Quarter