qmm state-wide commentary qld residential markets … · reiq queensland maret monitor issue 2 un...

your state-wide property research guide suburb by suburb

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JUN QTR 2015

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QMM STATE-WIDE COMMENTARY

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QLD RESIDENTIAL MARKETS ON TRACK Over the second quarter of 2015, Queensland’s residential property markets continued along relatively the same trends seen since the start of the year.

The state’s strengthening centres continue to improve at steady and sustainable levels while our regional centres are beginning to show hints of recovery.

Outside Brisbane, the state’s tourism centres continue to perform strongly. The Gold and Sunshine coasts continue to record buoyant market conditions with investor activity picking up in both regions according to local agents.

Cairns and Fraser Coast also continue to show promising signs of firming market conditions, with average days on market and vendor discounting improving on a year ago for their respective unit markets which had struggled following the GFC.

Regional centres still continue to be impacted by the resources downturn, but many now look to have reached the bottom of the market. Local agents in Gladstone, Mackay and Townsville say the softer market conditions has started to entice more local buyers, with market confidence slowly but surely improving.

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 MARKET 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

at the time of reporting 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 comprising the LGA’s of Brisbane City, Ipswich City, Logan City, Moreton Bay Regional and Redland City

Sunshine Coast (SD)

Sunshine Coast Region comprising the LGA's of Sunshine Coast Regional and Noosa.

# 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

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

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, listings without an advertised asking price and properties sold at or above list 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: REIQ, data supplied by CoreLogic RP Data (www.corelogic.com.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 results.Source: REIQ, data obtained from CoreLogic RPData

Data report date: 17 Aug 2015 Published date: 14 Sept 2015

GROSS RENTAL YIELDS

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

Unit yields are based upon REIQ median unit & townhouse sale prices and RTA median weekly rent for two bedroom 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.

Only LGAs with a minimum sample size of 10 per cent (based upon number of bonds held by the RTA) are reported on.

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

Source: REIQ Residential Rental Survey

RENTAL MARKET 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)

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

JUNE QUARTER 2015

FALLING

STABILISINGRECOVERING

RISING

BRISBANE HOUSE MARKETSJune Quarter 2015

Source: REIQ

Brisbane↑Redland

Moreton BayLogan

Ipswich

FALLING


RISING

QUEENSLAND HOUSE MARKETSJune Quarter 2015

Source: REIQ

↑Toowoomba Brisbane SD

Cairns↑ Gold Coast

Sunsine Coast

Fraser Coast

Bundaberg Gladstone Townsville Rockhampton Mackay

The Real Estate Institute of Queensland Ltd. Copyright 2014 21 Turbo Drive, Coorparoo, PO Box 1555, Coorparoo DC Q 4151Ph: (07) 3249 7347 Fax: (07) 3249 6211 Email: [email protected]


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 39

Gross rental yields

Residential vacancy rates

TABLE OF CONTENTS

REIQ

STATE-WIDE SUMMARY CONTINUED

In the regional centres...the general feel on the ground is that the bottom of the market has been met.

First home buyers are taking advantage of the low interest rate environment and in regional centres are gaining confidence with increased housing affordability.

HOUSE MARKET

House sales activity in the strengthening markets of southeast Queensland continued to improve over the June quarter.

Brisbane continues to lead the way, with steady strong buyer demand and growing confidence across the board. Increased prestige sales and strong buyer demand in the $500,000-plus price point is leading to increased competition.

Over the quarter, the state’s capital city recorded a new record median house price of $610,000.

Brisbane surrounds also continues to record improving buyer demand, with Ipswich and Logan recording double digit growth in sales activity over the quarter and over the year to June.

On the market indicators however remain steady year on year and with listing numbers beginning to keep apace of buyer demand, property price growth is likely to proceed at healthy rates over the coming years.

Toowoomba’s house market appears to have taken the foot off the accelerator with sales volumes tapering off for a second consecutive quarter. Given the various projects in the pipeline, such as the going ahead of the second range crossing, local agents anticipate the region will continue to record consistent growth in its real estate market.

In the regional centres, sales activity is mixed, however the general feel on the ground is that the bottom of the market has been met. Some softening of prices may still occur for Mackay and Rockhampton however overall activity is likely to remain steady.


STATE-WIDE SUMMARY

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 $479,000 0.8% 9% $390,000 -0.8% 8% $214,750 -1.0% 29%

BRISBANE $610,000 5.2% ~ 7% $425,000 0.1% 9% $341,000 1.8% 15%

IPSWICH $315,000 -0.2% 14% $250,000 -4.3% * t 23% $175,826 -1.2% 42%

LOGAN $357,625 2.2% 17% $229,000 0.4% 11% $181,241 -13.7% * 59%

MORETON BAY $401,000 1.5% 9% $317,750 4.2% -2% $235,500 9.6% * 28%

REDLAND $480,000 1.6% 6% $367,500 -5.5% * t 18% $250,000 SNR * b 9%

TOURISM CENTRES

GOLD COAST $525,000 -1.2% 5% $350,000 -1.4% -18% $240,000 3.4% 49%

SUNSHINE COAST REGION $495,000 -0.7% -2% $370,000 4.2% -3% $247,500 -1.0% 25%

SUNSHINE COAST $490,000 0.2% -5% $360,000 3.4% -5% $245,500 2.5% 51%

NOOSA $540,000 -4.4% ~ f 12% $420,500 9.2% ~ f 8% N/A N/A * f -63%

FRASER COAST $299,500 4.9% ~ -11% $257,000 6.2% ~ f 29% $165,000 17.9% ~ 11%

CAIRNS $390,000 0.0% -4% $219,500 0.0% 17% $199,500 4.7% ~ 40%

REGIONAL QLD

BUNDABERG $276,250 -2.4% -1% $212,000 -8.4% ~ 33% $142,000 -2.1% -21%

GLADSTONE $377,500 -0.5% 5% $250,000 5.9% ~ t 62% $175,000 0.0% ~ 47%

MACKAY $355,000 -7.8% ~ -20% $280,000 12.0% * -21% $208,000 6.7% ~ -26%

ROCKHAMPTON $297,000 -1.0% 2% N/A N/A -7% $159,000 -6.5% ~ * 0%

TOOWOOMBA $351,000 -0.8% -13% $280,000 -3.9% * t -12% $184,000 -1.3% ~ * 20%

TOWNSVILLE $341,000 -2.6% 3% $310,750 14.0% ~ -24% $164,000 -0.6% 13%

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 SD 7.1% 66 -5.7% 7.6% 73 -5.1%

BRISBANE 6.7% 57 -5.6% 6.8% 63 -4.7%

IPSWICH 7.4% 82 -6.6% 10.6% 112 -7.3%LOGAN 7.4% 76 -5.7% 10.7% 97 -6.1%MORETON BAY 7.4% 71 -5.3% 9.4% 100 -5.8%REDLAND 8.6% 71 -5.8% 9.8% 89 -5.3%TOURISM CENTRESGOLD COAST 8.0% 72 -6.0% 9.6% 91 -6.5%SUNSHINE COAST SD 9.3% 87 -5.9% 10.1% 105 -6.5%FRASER COAST 9.9% 109 -7.8% 13.3% 104 -5.9%CAIRNS 7.3% 65 -5.8% 8.7% 86 -7.3%REGIONAL QLDBUNDABERG 9.0% 99 -8.0% 11.3% 152 -8.5%GLADSTONE 7.8% 113 -9.9% 6.7% 125 -13.6%MACKAY 7.4% 103 -10.5% 7.9% 146 -13.7%ROCKHAMPTON 8.4% 97 -8.9% 8.2% 111 -8.0%TOOWOOMBA 8.5% 63 -4.7% 8.2% 69 -4.4%TOWNSVILLE 7.3% 91 -8.0% 10.7% 123 -9.4%

"All figures are for the 12months ending May 2015

SD - Statistical Division: Brisbane SD (Brisbane, Ipswich, Logan, Moreton Bay & Redland); Sunshine Coast SD (Sunshine Coast & Noosa)

Due to low volume of sales, % changes should be used with caution.SNR - statistically not reliable. | N/A - not available due to insufficient sales numbersb The median sale price for vacant land in the Redland City LGA is significantly impacted by shifts in the number of property sales on the bay islands versus the number on the mainland in high quality subdivisions.

UNIT MARKET

Unit and townhouse markets around the state continue to follow behind the house market in their respective regions, with some making more ground than others.

Markets across Greater Brisbane performed well over the quarter with Ipswich, Logan and Redlands recording double digit growth in sales numbers. With investor activity said to be on the increase, the affordable end of the market is gaining the most traction, which is contributing to the trend in median sale prices.

On the Sunshine Coast, sales activity overall remained steady however improved turnover in the prestige end has contributed to increased median sale prices. While the Gold Coast recorded a drop, local agents say interstate investor enquiries have started to increase.

Outside of Greater Brisbane, the Fraser Coast is the star performer, with an improvement in sales activity over the quarter and year. Bundaberg and Gladstone also recorded stronger sales activity.

5

STATE-WIDE SUMMARY

JUNE QUARTER 2015

FOR FULL ON THE MARKET AND RENTAL MARKET STATISTICS BY LOCAL GOVERNMENT AREA, SEE PAGE 37-39

VACANCY RATES

LGA/REGION' AS AT JUN-15 TRENDGREATER BRISBANEBRISBANE SD 2.4% STEADYBRISBANE CITY 2.7% STEADYIPSWICH CITY 2.8% UPLOGAN CITY 2.8% UPMORETON BAY 1.4% STEADYREDLAND CITY 2.3% STEADYTOURISM CENTRESGOLD COAST CITY 2.3% UPSUNSHINE COAST SD 1.6% STEADYSUNSHINE COAST 1.5% DOWNNOOSA 2.2% UPFRASER COAST 3.8% UPCAIRNS 2.7% UPREGIONAL QLDBUNDABERG 4.6% UPGLADSTONE 5.2% UPMACKAY 9.1% DOWNROCKHAMPTON 6.0% UPTOOWOOMBA 3.1% STEADYTOWNSVILLE 5.3% DOWN

See page 39 for full vacancy rate data

* change greater than $20 (rents) or 0.5 pts (yields)

NB Trend for rents are over year; while trend for yields are over the quarter

RENTAL TRENDS^ MEDIAN WEEKLY RENT GROSS RENTAL YIELDS

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

GREATER BRISBANEBRISBANE CITY $420 DOWN $400 DOWN $410 STEADY 3.6% DOWN 4.9% STEADYIPSWICH CITY $300 STEADY $260 STEADY $320 STEADY 5.0% STEADY 5.4% STEADYLOGAN CITY $345 STEADY $260 DOWN $340 UP 5.0% STEADY 5.9% DOWNMORETON BAY $345 STEADY $280 STEADY $340 STEADY 4.5% STEADY 4.6% STEADYREDLAND CITY $395 STEADY $320 STEADY $390 STEADY 4.3% STEADY 4.5% STEADYTOURISM CENTRESGOLD COAST CITY $450 UP $380 UP $400 UP 4.5% STEADY 5.6% STEADYSUNSHINE COAST $420 STEADY $340 STEADY $400 STEADY 4.5% STEADY 4.9% STEADYNOOSA $440 STEADY $365 STEADY $475 UP 4.2% STEADY 4.5% DOWNFRASER COAST $285 STEADY $235 STEADY $320 DOWN 3.8% DOWN 5.6% DOWNCAIRNS $355 STEADY $285 STEADY $350 DOWN 6.2% UP* 5.8% UP*REGIONAL QLDBUNDABERG $285 STEADY $225 STEADY $290 DOWN 5.4% STEADY 5.5% UPGLADSTONE $300 STEADY $240 DOWN $325 DOWN* 4.1% STEADY 5.0% UP*MACKAY $300 DOWN* $225 STEADY $300 DOWN* 4.4% STEADY 4.2% DOWNROCKHAMPTON $290 DOWN $230 STEADY $120 N.A. 5.1% STEADY N/A N/ATOOWOOMBA $300 DOWN $250 STEADY $320 STEADY 4.4% STEADY 4.6% STEADYTOWNSVILLE CITY $310 DOWN* $250 DOWN $335 DOWN 4.7% STEADY 4.2% DOWN*

RENTAL MARKET

The REIQ’s Residential Rental survey for June revealed Brisbane and the southeast corner of the state remain steady with healthy-to-tight vacancy rates across all markets. Regional centers continue to stabilise, with hints of a recovery in some areas being reported.

In the southeast where sales markets are strengthening, vacancy rates are beginning to show signs of easing on the back of increased investor interest and softening tenant demand.

With concerns over the strong supply levels coming onto the market, the state of the inner Brisbane apartment market remains a hot topic of conversation. However, with significantly improved survey participation levels resulting in a greater sample size, the REIQ’s survey found that vacancy levels have remained in check since the end of March at around three per cent.

For the most part, the tourism centres saw an easing in vacancy rates, with the Sunshine Coast proving the exception with its vacancy rate dropping to 1.6 per cent at the end of June. Despite increased investor interest, tenant demand remains strong with the various developments under way.

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BRISBANE MARKET UPDATES

BRISBANE CITYOver the June quarter, Brisbane’s residential market continued to record healthy growth both in sales volumes and median sale prices.

Average days on market and vendor discount remained relatively unchanged compared to the previous quarter, indicating that the Brisbane property market is improving at a sustainable rate.

Local agents say a lack of listings is still present most notably in the house market, with demand strongest in the $500,000 to $1 million price point.

The outlook for the state’s capital city is positive as we move into the warmer months and the typically higher sales activity over the Spring through to Christmas period.

HOUSE MARKET

Over the June quarter 2015, Brisbane’s median house price recorded an increase of 5.2 per cent to $610,000. This result is the strongest so far recorded since the recovery began two years ago.

While sales in the $1 million-plus bracket continue to grow steadily, price point data shows a significant trend upwards in activity in the $500,000 to $1 million segment of the house market. According to local agents bracket creep is starting to occur, due to improving house prices and the continued supply and demand imbalance.

House listings hard to come by and anything that comes onto the market in under $500,000 spends little to no time on the market.

Average days on market and average vendor discounting rates, which are calculated over the 12-month period, are yet to reflect this uplift in the market over the most recent quarter. Both of these market indicators remained relatively stable compared to the March 2015 report. However the trend of houses selling at or above the list price (which excludes them from vendor discounting statistics) is improving.

Houses are rare within the 5km ring and those that do reach the market are snapped up for more than $500,000. Meanwhile, in the middle ring suburbs properties that were once in the mid-$400,000s are now selling for more than $500,000. This is contributing to the increase in sales in this price point and the increase in Brisbane’s overall median house price.

Compared to a year ago total house listings have increased slightly, up three per cent, indicating growing confidence amongst vendors. However based upon what local agents are saying, it still remains a seller’s market especially in the $500,000-plus bracket.

UNIT MARKET

Over the quarter, the median sale price of units and townhouses in Brisbane remained relatively steady, up just 0.1 per cent to $425,000.

Local agents say established units in the sub-$400,000 price range have been the hardest to sell give the current level of new supply.

The unit and townhouse market is said to still be trailing that of the Brisbane house sales market in terms of price growth, with new stock continuing to come onto the market.

Despite this, sales activity over the quarter was up nine per cent with the inner ring recording the strongest increase in sales activity, up 14 per cent compared to the previous quarter.

In the middle to outer ring suburbs, local agents report units located close to public transport nodes continue to be in strong demand.

Average vendor discounting for units in Brisbane remains lower than the rate for house sales, at 4.8 per cent. While average days on market continue to remain around the 65-day mark.

RENTAL MARKET

As anticipated by many, Brisbane’s rental market is beginning to show signs of easing tenant demand as more tenants take the opportunity of low interest rates to move into home ownership.

The increased level of supply in the inner apartment market is also contributing to the softening of rents. The impact of increasing supply hasn’t been fully realised in the market with local agents saying rental incentives are helping attract tenants.

According to figures from the RTA median weekly rents softened for three bedroom houses and two bedroom flats, while three bedroom townhouses remained steady.

With unit prices yet to start increasing, gross rental yields for units have remained steady at 4.9 per cent over the June quarter. In comparison, the gross rental yield for Brisbane houses was down to 3.6 per cent on the back of easing median weekly rents and a strong increase in the median house price.

Local agents say a lack of listings is still present most notably in the...$500,000 to $1 million price point.

7 JUNE QUARTER 2015


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 (LGA) ~ 3,301 $610,000 5.2% $598,265 6.8% 14.0%

BRISBANE (LGA) ^ 82 $1,022,500 4.9% $992,000 13.4% 4.4%

ACACIA RIDGE 32 $352,500 0.4% $353,000 10.0% 3.1%

ALBION 8 N/A N/A $702,500 0.9% 17.1%

ALDERLEY 20 $728,500 9.1% $717,500 10.4% 19.6%

ALGESTER 29 $479,000 3.7% $466,500 7.1% 11.1%

ANNERLEY 31 $630,000 -3.1% $650,000 3.2% 13.0%

ASCOT ~ 19 $1,279,500 -14.5% $1,330,000 15.9% 10.8%

ASHGROVE 46 $828,500 -0.9% $820,000 6.5% 22.4%

ASPLEY 40 $565,000 6.4% $531,000 3.1% 13.0%

AUCHENFLOWER 16 $904,500 N/A $878,000 5.7% 11.8%

BALD HILLS 25 $397,000 2.5% $390,000 2.9% 0.0%

BALMORAL 16 $967,500 -0.8% $930,000 6.3% 23.8%

BANYO 24 $473,500 10.8% $438,000 1.9% 2.9%

BARDON 37 $849,000 4.8% $813,500 1.7% 6.0%

BELLBOWRIE 16 $483,500 6.3% $479,000 6.4% 0.3%

BELMONT 10 $615,000 3.4% $585,000 6.4% 1.3%

BOONDALL 37 $447,500 -0.6% $432,000 2.9% 2.9%

BRACKEN RIDGE 48 $457,000 3.3% $435,000 4.1% 4.2%

BRIDGEMAN DOWNS 28 $725,000 -1.4% $716,500 3.9% 3.8%

BRIGHTON ~ 34 $509,250 23.2% $449,138 5.7% 10.2%

BULIMBA 23 $1,100,000 -13.0% $1,077,500 1.8% 20.7%

CALAMVALE 54 $598,000 4.9% $571,500 4.3% 12.1%

CAMP HILL 52 $735,500 3.4% $732,500 2.2% 16.3%

CANNON HILL ~ 14 $713,500 19.4% $677,500 6.5% 23.2%

CARINA 31 $620,000 7.2% $582,270 8.6% 16.5%

CARINA HEIGHTS 13 $592,500 -6.7% $592,500 3.2% 11.8%

CARINDALE 34 $770,000 10.0% $725,000 -0.7% 3.6%

CARSELDINE 23 $535,000 -3.2% $560,000 5.7% 4.7%

CHAPEL HILL 42 $738,444 7.3% $699,500 6.8% 7.6%

CHELMER 13 $897,500 N/A $935,000 16.9% 5.6%

CHERMSIDE 24 $534,000 11.3% $555,000 9.8% 21.4%

CHERMSIDE WEST 25 $500,000 -4.3% $525,000 11.7% 14.1%

CLAYFIELD 36 $980,000 -5.0% $950,000 6.7% 1.7%

COOPERS PLAINS 24 $505,000 -0.6% $497,000 5.7% 14.3%

COORPAROO 40 $752,500 2.4% $755,000 8.2% 13.5%

CORINDA ~ 21 $700,000 1.3% $678,750 22.1% 15.6%

DARRA 9 N/A N/A $355,000 4.4% 0.7%

DEAGON 17 $415,000 2.5% $415,000 12.2% 3.8%

DOOLANDELLA 9 N/A N/A $420,750 2.4% 11.6%

DREWVALE 15 $560,000 4.7% $525,000 11.5% 10.5%

DURACK 23 $425,000 10.8% $390,000 8.7% 9.4%

EAST BRISBANE ~ 21 $980,000 22.1% $787,500 14.3% 16.7%

EIGHT MILE PLAINS 21 $698,000 -6.9% $682,500 6.6% 13.8%

ENOGGERA ~ 18 $574,500 -22.4% $667,500 16.1% 28.4%

EVERTON PARK 23 $545,500 2.3% $525,500 4.9% 10.6%

FAIRFIELD 9 N/A N/A $675,000 7.0% 14.8%

FERNY GROVE 15 $540,000 4.8% $520,000 -3.6% 4.2%

FIG TREE POCKET 7 N/A N/A $825,000 -3.5% -1.2%

FITZGIBBON 12 $408,500 -3.3% $428,000 7.1% 3.5%

FOREST LAKE 101 $390,000 -2.5% $390,975 -0.8% -2.3%

GAYTHORNE 9 N/A N/A $620,000 13.8% 13.2%

GEEBUNG 14 $497,500 N/A $465,000 1.1% 4.5%

GORDON PARK 9 N/A N/A $710,000 8.4% 24.3%

GRACEVILLE 21 $715,800 -2.6% $717,900 2.6% 6.8%

GRANGE ~ 16 $912,000 34.1% $794,500 5.9% 10.3%

GREENSLOPES 18 $657,500 -9.7% $655,000 2.7% 9.2%

HAMILTON ~ 12 $1,377,500 39.8% $1,280,000 32.0% 21.3%

HAWTHORNE ~ 23 $1,210,000 4.8% $1,125,000 12.5% 30.1%

HEATHWOOD 6 N/A N/A $540,000 0.6% 1.9%

HEMMANT 10 $433,000 N/A $425,000 2.8% -1.2%

HENDRA ~ 13 $1,050,000 45.1% $820,000 -0.2% 5.4%

HIGHGATE HILL ~ 9 N/A N/A $1,085,000 33.3% 36.7%

HOLLAND PARK 31 $613,000 -3.8% $630,000 8.6% 16.7%

HOLLAND PARK WEST 23 $668,000 5.3% $609,500 6.0% 13.5%

INALA 38 $320,000 0.6% $310,000 8.0% 5.1%

INDOOROOPILLY 26 $877,500 6.7% $800,000 14.3% 22.8%

JAMBOREE HEIGHTS 15 $434,000 2.1% $429,500 -1.8% 1.1%

JINDALEE 22 $455,000 -14.4% $500,000 6.4% 2.9%

KANGAROO POINT 4 N/A N/A $830,000 14.5% 26.0%

KARANA DOWNS 10 $400,000 N/A $395,000 2.9% -2.5%

KARANA DOWNS ^ 4 N/A N/A $515,000 13.7% 0.0%

KEDRON 27 $607,500 -3.2% $611,000 1.8% 19.8%

KELVIN GROVE 13 $767,500 2.3% $728,500 4.8% 17.0%

KENMORE 37 $611,000 5.8% $600,000 5.3% 8.6%

KEPERRA 14 $437,500 -5.6% $462,000 6.7% 6.2%

KURABY 25 $632,500 6.1% $618,000 8.4% 15.7%

LOTA 21 $584,750 10.3% $560,000 9.7% 17.9%

LUTWYCHE 7 N/A N/A $740,000 N/A 26.5%

MACGREGOR ~ 13 $739,400 22.7% $670,000 14.0% 26.4%

MACKENZIE 6 N/A N/A $719,000 12.0% 14.7%

MANLY 23 $740,000 -2.6% $720,000 7.5% 4.7%

MANLY WEST 32 $565,000 10.8% $530,000 9.0% 6.6%

MANSFIELD 18 $590,000 11.7% $560,000 4.3% 12.0%

MCDOWALL 13 $605,000 5.2% $599,500 7.8% 11.0%

MIDDLE PARK 11 $602,500 7.2% $553,000 5.3% 5.3%

MITCHELTON 28 $592,500 7.7% $575,150 6.4% 16.2%

MOGGILL 12 $542,500 2.8% $487,500 -3.7% 2.3%

MOOROOKA ~ 31 $600,000 18.8% $561,000 6.9% 15.7%

MORNINGSIDE 31 $665,000 -11.9% $680,000 9.7% 17.2%

MOUNT GRAVATT 12 $661,000 1.3% $600,000 8.1% 23.2%

MOUNT GRAVATT EAST 41 $560,000 2.3% $550,000 2.8% 15.8%

MURARRIE 19 $595,000 3.5% $577,000 7.9% 7.9%

NEW FARM 11 $1,280,000 -3.5% $1,326,250 6.1% 17.6%

NEWMARKET ~ 21 $797,500 26.6% $752,000 4.8% 11.4%

NORMAN PARK ~ 25 $710,000 -22.4% $762,000 4.0% 14.6%

NORTHGATE ~ 17 $670,000 -1.2% $650,000 17.5% 32.0%

NUDGEE 13 $555,000 N/A $562,928 1.7% 21.1%

NUNDAH 17 $594,000 6.1% $697,850 12.9% 21.6%

OXLEY 38 $518,500 3.4% $500,000 8.7% 8.9%

PADDINGTON ~ 37 $964,750 20.6% $871,250 -2.1% 11.4%

PARKINSON 37 $597,500 3.8% $585,000 6.6% 11.9%

PULLENVALE ^ 5 N/A N/A $926,250 0.9% -7.1%

RED HILL 22 $805,000 -7.0% $795,000 10.4% 13.2%

RIVERHILLS 18 $466,250 0.5% $449,000 3.9% 4.4%

ROBERTSON 10 $754,000 N/A $782,000 10.1% 10.2%

ROCKLEA 10 $395,000 N/A $380,000 13.4% 0.0%

RUNCORN 31 $557,000 16.0% $497,500 7.4% 16.4%

SALISBURY 29 $519,500 1.3% $508,000 6.9% 13.9%

SANDGATE 12 $552,500 2.3% $535,000 -4.5% 1.4%

SEVEN HILLS 8 N/A N/A $690,000 7.6% 17.9%

SEVENTEEN MILE ROCKS 11 $670,000 N/A $615,000 1.3% 19.0%

SHERWOOD ~ 18 $760,000 -18.8% $800,000 10.3% 17.3%

SHORNCLIFFE 5 N/A N/A $710,000 -2.7% 12.7%

SINNAMON PARK 17 $647,500 12.1% $648,375 11.8% 3.3%

SPRING HILL 7 N/A N/A $884,000 -4.8% 13.3%

ST LUCIA 12 $1,100,000 -3.3% $1,129,000 16.4% 13.5%

STAFFORD 25 $550,000 1.5% $545,750 9.2% 18.6%

STAFFORD HEIGHTS 28 $527,500 -2.0% $530,000 6.9% 12.8%

STRETTON ~ 19 $902,500 22.0% $765,000 13.3% 16.3%

SUNNYBANK ~ 29 $725,850 27.2% $660,000 10.9% 25.7%

SUNNYBANK HILLS 55 $664,500 12.5% $602,000 9.4% 19.2%

TAIGUM 8 N/A N/A $485,000 10.9% 5.4%

TARINGA ~ 14 $885,000 27.3% $807,000 4.8% 0.9%

TARRAGINDI 40 $650,000 -0.6% $653,000 11.6% 15.2%

TENERIFFE 12 $1,377,500 N/A $1,492,500 N/A 22.3%

THE GAP 55 $597,000 -2.1% $610,000 7.5% 11.9%

TINGALPA 21 $460,000 -1.1% $460,000 2.2% 4.5%

TOOWONG ~ 21 $825,000 17.9% $780,000 10.5% 12.2%

UPPER KEDRON 4 N/A N/A $572,500 7.0% 6.0%

UPPER MOUNT GRAVATT 40 $610,000 10.9% $565,000 8.7% 22.4%

VIRGINIA 18 $512,750 -14.2% $529,000 8.6% 23.0%

WAKERLEY 36 $692,500 1.8% $700,000 6.9% 14.8%

WAVELL HEIGHTS 51 $624,000 -1.1% $625,000 13.6% 22.5%

WEST END 10 $1,082,500 N/A $999,000 9.8% 27.3%

WESTLAKE ~ 15 $580,000 -15.0% $608,250 -3.5% -1.5%

WILSTON 12 $815,500 -5.7% $857,500 2.6% 4.6%

WINDSOR 23 $742,500 10.0% $750,000 7.1% 13.7%



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

BRISBANE (LGA) 1,922 $425,000 0.1% $427,500 3.0% 5.3%

ACACIA RIDGE * t 4 N/A N/A $348,000 -13.0% N/A

ALBION ~ * 11 $475,000 28.4% $439,000 -1.3% -8.5%

ALDERLEY 15 $400,000 -5.9% $456,625 3.8% 27.7%

ANNERLEY 30 $364,500 -1.8% $391,000 -2.3% 4.3%

ASCOT 16 $380,000 -9.3% $424,000 2.9% 3.4%

ASHGROVE 9 N/A N/A $462,500 10.0% 12.5%

ASPLEY 4 N/A N/A $375,000 0.0% -0.7%

AUCHENFLOWER 25 $495,000 10.6% $452,500 -3.6% 5.8%

BALMORAL 7 N/A N/A $515,000 6.5% 14.4%

BANYO 4 N/A N/A $453,200 N/A 13.3%

BARDON 6 N/A N/A $605,000 N/A -3.4%

BOONDALL 6 N/A N/A $372,250 -5.0% N/A

BOWEN HILLS 16 $480,000 -3.8% $429,500 -1.0% 2.2%

BRACKEN RIDGE 6 N/A N/A $319,000 -0.2% -10.1%

BRISBANE CITY 120 $507,500 4.5% $495,000 -1.0% 10.5%

BULIMBA 24 $562,500 7.1% $580,000 2.5% 5.9%

CALAMVALE 45 $360,000 -5.9% $380,000 4.6% 6.9%

CAMP HILL 9 N/A N/A $455,000 6.1% 15.6%

CARINA 27 $430,000 4.9% $450,000 5.1% 0.4%

CARINA HEIGHTS 10 $490,000 N/A $469,500 5.5% 3.4%

CARINDALE ~ 5 N/A N/A $510,000 25.0% -3.5%

CARSELDINE ~ 15 $352,500 -10.4% $377,500 2.0% 4.9%

CHERMSIDE 32 $397,000 -1.7% $400,979 1.5% -5.7%

CLAYFIELD 42 $395,000 1.5% $387,000 1.0% 5.4%

COOPERS PLAINS 6 N/A N/A $398,250 3.2% N/A

COORPAROO 57 $415,000 7.0% $390,000 -1.6% 2.6%

DOOLANDELLA 5 N/A N/A $339,000 -2.7% 0.4%

EAST BRISBANE 16 $450,250 5.9% $445,000 9.2% 1.1%

EIGHT MILE PLAINS 16 $405,000 2.5% $396,500 3.5% 7.2%

ENOGGERA 8 N/A N/A $398,000 -5.2% 2.4%

EVERTON PARK 24 $382,000 -1.8% $425,000 5.2% 13.3%

FORTITUDE VALLEY 45 $445,000 1.6% $455,000 5.8% 9.9%

GAYTHORNE 15 $406,500 N/A $439,000 8.4% 4.6%

GEEBUNG 5 N/A N/A $355,000 N/A N/A

GORDON PARK 8 N/A N/A $388,950 3.4% 12.7%

GREENSLOPES ~ 30 $407,500 18.1% $380,500 2.1% 0.9%

HAMILTON 23 $476,000 -3.3% $530,000 5.0% 11.8%

HAWTHORNE ~ 7 N/A N/A $550,000 12.2% 30.6%

HIGHGATE HILL ~ 11 $657,500 24.6% $560,000 10.2% 24.5%

HOLLAND PARK WEST 11 $429,000 N/A $425,000 16.1% N/A

INDOOROOPILLY 23 $465,000 11.4% $460,500 4.7% 1.0%

KANGAROO POINT 52 $510,000 4.9% $502,500 0.5% 0.5%

WISHART 21 $685,000 10.3% $615,000 11.8% 13.3%

WOOLLOONGABBA 17 $745,000 3.7% $739,500 17.8% 17.4%

WOOLOOWIN ~ 14 $755,500 -19.4% $705,000 -6.0% 2.2%

WYNNUM 77 $600,750 -3.1% $608,750 16.0% 19.1%

WYNNUM WEST 51 $462,500 1.9% $470,000 2.2% 4.8%

YERONGA ~ 13 $890,000 20.3% $730,000 11.5% 6.7%

ZILLMERE 21 $442,500 2.9% $422,000 4.7% 7.4%

KEDRON * 11 $435,000 22.3% $437,500 26.1% 26.8%

KELVIN GROVE 31 $480,500 0.1% $459,760 -8.0% 9.5%

LUTWYCHE * 14 $460,000 17.3% $430,000 13.2% 11.7%

MANLY 8 N/A N/A $505,000 N/A N/A

MANLY WEST 7 N/A N/A $348,000 0.3% N/A

MCDOWALL 20 $470,000 N/A $437,500 6.4% 4.7%

MILTON 3 N/A N/A $525,000 7.6% N/A

MITCHELTON 4 N/A N/A $418,000 13.9% 10.2%

MOOROOKA * 27 $432,000 13.8% $412,500 12.2% -0.6%

MORNINGSIDE * 53 $500,000 15.1% $475,750 1.8% 6.9%

MOUNT GRAVATT 3 N/A N/A $444,000 N/A N/A

MOUNT GRAVATT EAST ~ 20 $459,000 20.3% $419,000 7.4% 11.7%

NEW FARM 59 $600,000 6.0% $580,000 5.6% 10.5%

NEWMARKET 10 $430,250 N/A $430,000 -5.5% -0.2%

NEWSTEAD ~ 16 $775,000 18.8% $750,000 -2.0% 33.2%

NORMAN PARK 8 N/A N/A $523,000 6.5% 14.9%

NORTHGATE 6 N/A N/A $407,000 16.3% 10.1%

NUNDAH 46 $385,000 -1.5% $389,000 -6.3% -4.0%

PADDINGTON 18 $434,000 N/A $500,000 3.1% 10.4%

RED HILL 11 $415,000 N/A $445,000 8.7% 23.6%

RICHLANDS 12 $344,950 N/A $349,900 3.8% 5.4%

RUNCORN 37 $336,500 4.2% $332,000 -1.5% -2.5%

SHERWOOD 13 $371,000 N/A $450,000 2.3% 2.5%

SOUTH BRISBANE 31 $489,500 3.5% $482,500 -0.5% 4.9%

SPRING HILL 45 $420,000 -2.3% $406,500 7.0% 6.4%

ST LUCIA * 42 $507,500 12.8% $499,000 5.6% 10.9%

STAFFORD 14 $442,500 N/A $438,500 9.6% 15.6%

SUNNYBANK HILLS 9 N/A N/A $356,000 10.4% -2.5%

TAIGUM 13 $315,000 5.7% $350,000 -7.0% -5.0%

TARINGA 31 $437,500 -2.8% $437,250 10.1% 5.4%

TENERIFFE ~ 41 $498,000 -11.9% $566,000 -8.7% 3.1%

THE GAP 14 $462,500 N/A $465,000 3.6% 12.0%

TINGALPA 19 $365,000 N/A $368,000 12.3% 3.7%

TOOWONG 35 $457,000 10.1% $435,000 0.0% 0.0%

UPPER MOUNT GRAVATT 16 $382,000 N/A $409,500 12.7% 5.0%

WAKERLEY 2 N/A N/A $408,500 -5.0% -2.7%

WAVELL HEIGHTS 6 N/A N/A $433,944 4.2% -4.6%

WEST END * f 34 $676,000 27.3% $565,000 2.7% 2.6%

WILSTON 5 N/A N/A $490,000 N/A 4.7%

WINDSOR 15 $410,000 -3.5% $470,000 15.1% 27.0%

WISHART 6 N/A N/A $385,000 6.2% 7.2%

WOOLLOONGABBA 11 $420,000 N/A $405,000 1.3% -5.8%

WOOLOOWIN 6 N/A N/A $376,250 -1.0% -1.0%

WYNNUM * 10 $409,500 8.6% $449,500 28.1% 18.3%

WYNNUM WEST * t 13 $310,750 -5.0% $311,000 -18.4% -7.7%

YEERONGPILLY 7 N/A N/A $408,750 0.7% -9.2%

YERONGA ~ 11 $455,000 16.4% $446,000 9.0% 7.5%

ZILLMERE 32 $358,500 1.4% $355,000 4.4% -1.3%

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.

CALL US ON 1300 664 715or visit agents.directconnect.com.au

http://agents.directconnect.com.au

9 JUNE QUARTER 2015


RENTAL MARKET - 3 BED HOUSES (CONT’D)POST JUN-15 JUN-14

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

RENTAL MARKET - 3 BED HOUSESPOST JUN-15 JUN-14


SALES MARKET - VACANT LAND


MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE

BRISBANE (LGA) 141 $341,000 1.8% $330,000 8.2% 15.8%

BRISBANE (LGA) ^ 9 N/A N/A $680,000 -1.4% 40.1%

BRIDGEMAN DOWNS 4 N/A N/A $356,250 -7.1% -3.1%

BRIGHTON 1 N/A N/A $283,500 1.3% N/A

CARINDALE 6 N/A N/A $512,500 N/A N/A

FITZGIBBON ~ * 21 $174,000 -31.8% $218,000 11.9% -0.9%

HEATHWOOD 15 $265,000 -1.1% $268,000 1.1% 14.0%

RICHLANDS 1 N/A N/A $242,500 N/A 10.9%

ROCHEDALE 2 N/A N/A $438,000 7.1% N/A

TAIGUM 2 N/A N/A $285,000 N/A N/A

UPPER KEDRON 0 N/A N/A $319,500 8.3% 7.4%

BRISBANE CITY $420 2,673 $410 2,599

BAYSIDE $415 149 $420 135

4178 WYNNUM $415 101 $415 88

4179 MANLY $410 48 $420 47

CITY INNER $540 212 $550 199

4000 BRISBANE CITY $600 19 $550 14

4005 NEW FARM $700 22 $600 20

4006 BOWEN HILLS $540 11 $580 9

4064 PADDINGTON $530 54 $590 54

4066 TOOWONG $505 21 $500 37

4101 SOUTH BRISBANE $600 35 $600 18

4102 WOOLOONGABBA $450 21 $460 12

4169 EAST BRISBANE $540 26 $530 23

NORTH - INNER $460 314 $450 268

4007 ASCOT $500 24 $570 20

4010 ALBION $420 6 N.A. 1

4011 CLAYFIELD $560 30 $550 27

4012 NUNDAH $450 81 $400 54

4030 LUTWYCHE $495 49 $465 51

4031 GORDON PARK $445 37 $445 39

4051 ALDERLEY $460 87 $445 75

NORTH - OUTER $395 366 $390 359

4013 NORTHGATE $440 21 $410 10

4014 VIRGINIA $395 33 $400 29

4017 BRACKEN RIDGE $390 88 $380 113

4018 FITZGIBBON $390 31 $390 38

4032 CHERMSIDE $400 45 $390 46

4034 ASPLEY $400 129 $400 112

4036 BALD HILLS $370 19 $380 11

NORTH WEST - INNER $500 93 $510 117

4059 KELVIN GROVE $520 36 $525 51

4060 ASHGROVE $470 34 $500 44

4065 BARDON $500 23 $500 22

NORTH WEST - OUTER $420 234 $410 220

4053 STAFFORD $420 148 $400 142

4054 ARANA HILLS $400 55 $400 43

4061 THE GAP $450 31 $440 35

SOUTH - INNER $425 302 $430 334

4103 ANNERLEY $460 39 $430 38

4104 YERONGA $430 20 $450 10

4105 MOOROOKA $400 26 $410 40

4111 NATHAN $400 7 N.A. 3

4120 GREENSLOPES $470 27 $450 26

4121 HOLLAND PARK $430 76 $430 74

4122 MANSFIELD $400 107 $410 143

SOUTH - OUTER $390 292 $380 279

4106 ROCKLEA $360 10 N.A. 4

4107 SALISBURY $380 22 $400 20

4108 COOPERS PLAINS $400 26 $385 19

4109 MACGREGOR $400 87 $390 84

4110 ACACIA RIDGE $350 50 $350 55

4112 KURABY $370 12 $380 11

4113 EIGHT MILE PLAINS $390 42 $385 44

4115 ALGESTER $390 21 $375 24

4116 CALAMVALE $420 22 $400 18

SOUTH EAST - INNER $450 279 $450 246

4151 COORPAROO $480 33 $480 37

4152 CAMP HILL $440 108 $435 95

4170 CANNON HILL $450 75 $460 61

4171 BALMORAL $540 37 $510 38

4172 MURARRIE $400 26 $410 15

SOUTH EAST - OUTER $425 48 $415 50

4153 BELMONT $425 5 $445 7

4154 GUMDALE $440 10 $470 6

4173 TINGALPA $420 24 $405 26

4174 HEMANT $415 8 $360 8

SOUTH WEST - INNER $440 80 $430 98

4068 CHELMER $455 36 $450 43

4075 CORINDA $430 44 $400 55

SOUTH WEST - OUTER $360 304 $360 294

4069 BROOKFIELD $450 28 $500 31

4070 ANSTEAD $375 10 $380 11

4073 SEVENTEEN MILE ROCKS $430 7 $390 14

4074 JINDALEE $400 53 $395 65

4076 DARRA $330 25 $340 33

4077 DOOLANDELLA $320 77 $320 57

4078 FOREST LAKE $360 104 $360 83

LAND PRICEPOINTS

18

47

35

23

3438 36 33

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

BRISBANE CITY LAND SALES (p)

MAR 15 JUN 15

339

8129 3

449

10044

8

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

BRISBANE SURROUNDS LAND SALES (p)

MAR 15 JUN 15Includes IPSWICH, LOGAN, MORETON BAY & REDLAND

73

179 8

98

38

617

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

GOLD COAST LAND SALES (p)

MAR 15 JUN 15

52

2614 15

70

36

21

7

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

SUNSHINE COAST & NOOSA LAND SALES (p)

MAR 15 JUN 15

48

0 0

36

1 1

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

BUNDABERG LAND SALES (p)

MAR 15 JUN 15

64

6 2

81

124

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

CAIRNS & DOUGLAS LAND SALES (p)

MAR 15 JUN 15

50

2 1

53

51

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

FRASER COAST LAND SALES (p)

MAR 15 JUN 15

15

02

22

2 1

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

GLADSTONE LAND SALES (p)

MAR 15 JUN 15

30

1 0

15

4 4

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

MACKAY LAND SALES (p)

MAR 15 JUN 15

43

1 1

53

1 0

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

ROCKHAMPTON & LIVINGSTONE LAND SALES (p)

MAR 15 JUN 15

34

4 2

46

2 0

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

TOOWOOMBA LAND SALES (p)

MAR 15 JUN 15

43

1 1

46

2 3

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

TOWNSVILLE LAND SALES (p)

MAR 15 JUN 15

UNIT PRICEPOINTS

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

55

342

811

468

4979

352

890

490

61

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

BRISBANE CITY UNIT SALES (p)

MAR 15 JUN 15

256237

13786

10

269 286

173

70

7

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

BRISBANE SURROUNDS UNIT SALES (p)

MAR 15 JUN 15 JUN 15

INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND

239

493431

202

32

195

542471

234

33

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

GOLD COAST UNIT SALES (p)

MAR 15 JUN 15

97

231 221

116

18

74

209 221

127

28

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

SUNSHINE COAST & NOOSA UNIT SALES (p)

MAR 15 JUN 15

21

84 3

27

12

62

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

BUNDABERG UNIT SALES (p)

MAR 15 JUN 15

165

5031 18

1

206

5930 27

3

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

CAIRNS & DOUGLAS UNIT SALES (p)

MAR 15 JUN 15

28

19

60

3228

93

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

FRASER COAST UNIT SALES (p)

MAR 15 JUN 15

7

4

2

0

89

3

1

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

GLADSTONE UNIT SALES (p)

MAR 15 JUN 15

54

41

18 16

1

34

24 21 18

1

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

TOWNSVILLE UNIT SALES (p)

MAR 15 JUN 15

19

13

3 3

13

7 64

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

MACKAY UNIT SALES (p)

MAR 15 JUN 15

23

11 10

4

12

68

3

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

ROCKHAMPTON & LIVINGSTONE UNIT SALES (p)

MAR 15 JUN 15

36

52

14

4

31

44

14

4

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

TOOWOOMBA UNIT SALES (p)

MAR 15 JUN 15

HOUSE PRICEPOINTS

1,079 1,276

540

19

1,194 1,412

628

18

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

BRISBANE SURROUNDS HOUSE SALES (p)

MAR 15 JUN 15INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND

54

532

667

119 55

557

698

119

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

GOLD COAST HOUSE SALES (p)

MAR 15 JUN 15

157

47

11

163

43

8

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

BUNDABERG HOUSE SALES (p)

MAR 15 JUN 15

158

245

85

2

153

213

90

3

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

CAIRNS & DOUGLAS HOUSE SALES (p)

MAR 15 JUN 15

227

70

13

211

71

14

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

FRASER COAST HOUSE SALES (p)

MAR 15 JUN 15

44 47

19

48 52

14

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

GLADSTONE HOUSE SALES (p)

MAR 15 JUN 15

200 166

51

227

156

46

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

TOWNSVILLE HOUSE SALES (p)

MAR 15 JUN 15

77 83

40

75 63

21

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

MACKAY HOUSE SALES (p)

MAR 15 JUN 15

133

72

22

146

57

26

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

ROCKHAMPTON & LIVINGSTONE HOUSE SALES (p)

MAR 15 JUN 15

129

753

1,840

247 114

740

1,997

318

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

BRISBANE CITY HOUSE SALES (p)

MAR 15 JUN 15

239

196

70

215

163

56

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

TOOWOOMBA HOUSE SALES (p)

MAR 15 JUN 15

62

443 445

55 70

431 427

58

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

SUNSHINE COAST & NOOSA HOUSE SALES (p)

MAR 15 JUN 15



RENTAL MARKET - 2 BED UNITSPOST JUN-15 JUN-14


RENTAL MARKET - 3 BED TOWNHOUSESPOST JUN-15 JUN-14


DID YOU KNOW?YOU CAN GET MEDIAN WEEKLY RENTS FOR OTHER PROPERTY TYPES ONLINE ATWWW.RTA.QLD.GOV.AU

BRISBANE CITY $410 1,537 $400 1,510

BAYSIDE $400 76 $400 101

4178 WYNNUM $400 48 $400 68

4179 MANLY $400 28 $410 33

CITY INNER $615 59 $560 51

4000 BRISBANE CITY $645 5 $675 6

4005 NEW FARM $750 10 $560 5

4006 BOWEN HILLS $650 9 $610 5

4064 PADDINGTON $600 10 N.A. 4

4066 TOOWONG $520 7 $490 8

4067 ST LUCIA $650 6 $450 8

4101 SOUTH BRISBANE $600 8 $575 9

NORTH - INNER $480 112 $450 97

4007 ASCOT $600 12 $550 8

4011 CLAYFIELD $490 14 $590 13

4012 NUNDAH $460 22 $445 23

4030 LUTWYCHE $480 8 $425 7

4031 GORDON PARK $450 22 $450 17

4051 ALDERLEY $480 33 $425 29

NORTH - OUTER $390 203 $385 208

4013 NORTHGATE $440 10 $450 9

4017 BRACKEN RIDGE $380 34 $365 42

4018 FITZGIBBON $370 47 $320 42

4032 CHERMSIDE $415 24 $435 20

4034 ASPLEY $395 77 $395 88

4036 BALD HILLS $365 7 $360 7

NORTH WEST - INNER $500 12 $490 14

4060 ASHGROVE $500 7 $460 5

NORTH WEST - OUTER $420 56 $430 59

4053 STAFFORD $420 48 $430 47

4054 ARANA HILLS $395 6 $395 5

SOUTH - INNER $440 116 $450 126

4103 ANNERLEY $480 24 $520 31

4104 YERONGA $490 13 $475 16

4105 MOOROOKA $420 14 $410 18

4120 GREENSLOPES $465 24 $490 8

4121 HOLLAND PARK $440 6 $455 9

4122 MANSFIELD $415 35 $420 44

SOUTH - OUTER $395 326 $385 335

4107 SALISBURY $465 5 $380 6

4109 MACGREGOR $415 48 $400 51

4110 ACACIA RIDGE $350 15 $340 43

4112 KURABY $380 21 $380 17

4113 EIGHT MILE PLAINS $400 122 $400 105

4115 ALGESTER $375 25 $370 35

4116 CALAMVALE $385 88 $380 76

SOUTH EAST - INNER $480 221 $475 193

4151 COORPAROO $475 17 $495 17

4152 CAMP HILL $455 100 $445 98

4170 CANNON HILL $495 73 $480 56

4171 BALMORAL $530 18 $570 16

4172 MURARRIE $530 13 $480 6

SOUTH EAST - OUTER $425 79 $410 64

4153 BELMONT $440 5 $430 12

4154 GUMDALE $420 30 $415 29

4173 TINGALPA $410 42 $390 21

SOUTH WEST - INNER $465 62 $430 66

4068 CHELMER $550 24 $505 21

4075 CORINDA $400 38 $400 45

SOUTH WEST - OUTER $365 215 $355 196

4069 BROOKFIELD $430 5 N.A. 1

4073 SEVENTEEN MILE ROCKS $435 8 $425 6

4074 JINDALEE $405 14 $390 18

4076 DARRA $370 27 $350 6

4077 DOOLANDELLA $360 120 $355 121

4078 FOREST LAKE $360 40 $355 42

BRISBANE CITY $400 4,298 $395 3,945

BAYSIDE $330 53 $320 46

4178 WYNNUM $330 34 $320 30

4179 MANLY $385 19 $310 16

CITY INNER $495 1,680 $495 1,588

4000 BRISBANE CITY $600 293 $580 345

4005 NEW FARM $510 272 $500 270

4006 BOWEN HILLS $480 240 $495 242

4064 PADDINGTON $410 53 $390 49

4066 TOOWONG $390 169 $390 163

4067 ST LUCIA $420 95 $400 71

4101 SOUTH BRISBANE $510 280 $510 257

4102 WOOLOONGABBA $395 50 $460 49

4169 EAST BRISBANE $495 228 $465 142

NORTH - INNER $370 938 $355 812

4007 ASCOT $410 156 $400 142

4010 ALBION $390 28 $375 28

4011 CLAYFIELD $350 131 $350 148

4012 NUNDAH $390 244 $360 190

4030 LUTWYCHE $360 150 $345 112

4031 GORDON PARK $340 88 $320 72

4051 ALDERLEY $360 140 $350 120

NORTH - OUTER $345 257 $340 224

4013 NORTHGATE $330 24 $310 25

4014 VIRGINIA $350 10 $280 8

4017 BRACKEN RIDGE $265 16 $290 16

4018 FITZGIBBON $320 8 $320 9

4032 CHERMSIDE $370 128 $360 86

4034 ASPLEY $345 70 $350 80

NORTH WEST - INNER $400 129 $400 140

4059 KELVIN GROVE $400 75 $410 98

4060 ASHGROVE $440 43 $400 37

4065 BARDON $300 11 $360 5

NORTH WEST - OUTER $380 89 $390 82

4053 STAFFORD $380 84 $390 80

SOUTH - INNER $350 407 $360 379

4103 ANNERLEY $350 93 $350 99

4104 YERONGA $350 30 $350 28

4105 MOOROOKA $340 67 $330 51

4120 GREENSLOPES $345 82 $360 78

4121 HOLLAND PARK $350 43 $350 31

4122 MANSFIELD $372 91 $390 88

SOUTH - OUTER $310 44 $310 43

4106 ROCKLEA $285 6 N.A. 3

4107 SALISBURY $330 5 $300 7

4109 MACGREGOR $350 20 $345 15

SOUTH EAST - INNER $380 430 $370 368

4151 COORPAROO $360 171 $360 141

4152 CAMP HILL $365 47 $375 34

4170 CANNON HILL $395 88 $380 93

4171 BALMORAL $400 119 $400 98

4172 MURARRIE $430 5 N.A. 2

SOUTH EAST - OUTER N/A 9 N/A 6

4173 TINGALPA $315 7 $350 6

SOUTH WEST - INNER $375 242 $380 239

4068 CHELMER $380 204 $380 207

4075 CORINDA $340 38 $320 32

SOUTH WEST - OUTER $300 20 $325 18

4074 JINDALEE $325 5 N.A. 1

4076 DARRA $250 5 N.A. 4

4078 FOREST LAKE $330 6 $340 11

11 JUNE QUARTER 2015


GREATER BRISBANE

FALLING


RISING

BRISBANE HOUSE MARKETSJune Quarter 2015

Source: REIQ

Brisbane↑Redland

Moreton BayLogan

Ipswich

FALLING


RISING

QUEENSLAND HOUSE MARKETSJune Quarter 2015

Source: REIQ

↑Toowoomba Brisbane SD

Cairns↑ Gold Coast

Sunsine Coast

Fraser Coast

Bundaberg Gladstone Townsville Rockhampton Mackay

Brisbane Statistical Division, or Greater Brisbane (incorporating Brisbane LGA with Moreton Bay Region, Ipswich, Logan and Redlands), continues to perform strongly, with healthy increases in sales volumes across all council areas. Sales activity has picked up in areas such as Ipswich and Logan with investors attracted by the strong rental returns being achieved.

With house prices strengthening in metropolitan Brisbane, many home buyers are also looking to the outer regions for greater value for money. Improvements to infrastructure continue to boost buyer demand in the Moreton Bay region, while Redland City also continues to record consistent sales turnover growth quarter on quarter.

Listing numbers across the Brisbane SD were up for both houses and units, indicating that confidence is gaining momentum. Meanwhile, stable average days on market and average vendor discounting rates indicate the growth across the state’s capital is within a healthy and sustainable range.

HOUSE MARKET

With house medians now nearly half that of Brisbane, it comes as no surprise that areas such as Ipswich and Logan are gaining in popularity with both home buyers and investors.

Both regions recorded strong increases in sales activity over the quarter and year to June, with Logan recording the highest increase in its median house price for the greater Brisbane region.

Investors are being attracted to the two regions given their relative affordable house prices and the strong rental yields being achieved.

While Redland City recorded the lowest increase in sales activity, growth in its median house price compared to one and five years ago indicate the region is leading the way. While average days on market have edged out compared to a year ago, growing confidence is bringing vendors who are keen to test the market. Average vendor discounting in the region has likewise increased marginally also.

Moreton Bay continues to hold the fastest days on market though and not surprisingly, also holds the lowest rates of vendor discounting. With an increase of 1.5 per cent, the region’s median house price tipped over the $400,000 mark – levels not seen since the last peak in the market in 2009 for the region.

With vendors growing more confident that now is the time to sell – and buy for those looking to upgrade – listing numbers are up five per cent over the year.

UNIT MARKET

Most unit markets across Greater Brisbane outperformed their respective house markets with stronger increases in sales turnover. Across the region, total unit and townhouse sales were up 8 per cent however with only Moreton Bay recording steady sales activity compared to the previous quarter.

Infill townhouse developments remain popular as investors and developers alike take advantage of the low interest rate environment.

Listing numbers across the region were up 10 per cent on the previous year reflecting this increased activity. And with buyer demand strengthening, average days on market have come down to 75 days. Ipswich recorded the greatest improvement, down 15 days to 117 days, followed by Moreton Bay and Redland, both seeing units spending 6 less days on the market.

As in the house market, Redland City appears to be leading the way in unit and townhouse sales with the lowest days on market and average vendor discounting rate.

RENTAL MARKET

In the southeast where sales markets are strengthening, vacancy rates are beginning to show signs of easing on the back of increased investor interest and softening tenant demand.

All council areas in the Greater Brisbane region except Redland City recorded slight increases in vacancies.

Strong rental yields on the back of relatively affordable property prices are said to be attracting investors to the likes of Logan and Ipswich. As a result, vacancy levels have started to rise in these areas.

Moreton Bay remains the most tight rental market, with its vacancy rate marginally up 0.1 percentage points to 1.4 per cent. Caboolture has taken over from Pine Rivers with the lowest vacancy rate of just 1 per cent at the end of June.

Median weekly rents according to figures from the RTA are holding relatively steady across most regions over the quarter.



MUNDOOLUN ^ 5 N/A N/A $515,000 N/A 3.0%

MUNRUBEN ^ 12 $532,500 N/A $515,000 -0.5% 0.0%

NEW BEITH ^ 7 N/A N/A $543,500 -2.1% 2.5%

REGENTS PARK 46 $377,000 8.9% $356,500 1.0% -1.1%

ROCHEDALE SOUTH 56 $450,000 3.5% $445,000 6.0% 6.7%

SHAILER PARK 52 $520,225 11.3% $497,000 5.7% 5.7%

SLACKS CREEK 34 $306,000 3.0% $307,000 8.9% 4.1%

SPRINGWOOD 36 $452,500 -3.7% $441,500 3.8% 5.1%

TANAH MERAH 13 $418,000 -1.0% $400,500 1.4% -1.1%

UNDERWOOD 25 $495,750 2.7% $490,750 5.5% 10.3%

WATERFORD 25 $380,000 -3.1% $376,000 5.2% -8.7%

WATERFORD WEST ~ 15 $335,000 13.6% $315,000 3.3% -4.3%

WINDAROO 10 $433,000 N/A $425,000 4.4% 2.7%

WOODRIDGE 39 $287,500 9.9% $275,000 7.8% 1.9%

YARRABILBA 12 $372,950 N/A $369,500 -3.0% N/A

MORETON BAY (LGA) 1,304 $401,000 1.5% $395,000 2.6% -0.5%

MORETON BAY (LGA) ^ 171 $577,500 3.1% $585,000 4.7% 1.4%

ALBANY CREEK 39 $578,000 11.7% $531,000 6.2% 3.2%

ARANA HILLS 20 $470,750 -1.3% $483,278 6.2% 9.6%

BANKSIA BEACH 28 $450,000 -6.1% $480,000 6.7% 0.1%

BEACHMERE 10 $355,000 12.3% $335,000 11.7% -6.9%

BELLARA 16 $313,500 -1.7% $329,000 2.8% -3.4%

BELLMERE 21 $325,000 -3.0% $335,000 6.3% -8.4%

BONGAREE 29 $415,000 -1.8% $387,000 -0.8% -3.3%

BRAY PARK 37 $390,000 2.6% $375,500 5.2% 0.1%

BUNYA ^ 5 N/A N/A $750,000 N/A N/A

BURPENGARY 28 $385,000 -0.6% $375,000 6.7% 1.4%

BURPENGARY ^ 12 $540,000 0.7% $541,250 2.1% 3.6%

BURPENGARY EAST 7 N/A N/A $405,655 N/A N/A

BURPENGARY EAST ^ ~ 10 $490,000 -13.9% $525,000 1.8% -2.6%

CABOOLTURE ^ ~ 15 $490,000 -1.0% $472,500 5.0% -2.6%

CABOOLTURE ~ 69 $279,500 -9.8% $287,500 -0.9% -9.3%

CABOOLTURE SOUTH 23 $263,500 6.5% $271,000 1.0% -8.0%

CASHMERE 10 $586,230 N/A $650,000 8.8% 21.5%

CASHMERE ^ 5 N/A N/A $680,000 N/A -2.9%

CLONTARF 33 $415,000 8.5% $389,000 6.6% 7.2%

DAKABIN 5 N/A N/A $450,000 6.5% N/A

DAYBORO ^ 3 N/A N/A $637,500 N/A N/A

DECEPTION BAY 73 $315,500 -1.4% $315,000 9.0% -1.6%

EATONS HILL 22 $525,500 -3.4% $547,000 3.8% 5.2%

ELIMBAH ^ 12 $515,000 N/A $502,500 3.1% -1.5%

EVERTON HILLS 16 $502,000 -1.4% $495,320 3.2% 7.9%

FERNY HILLS 32 $499,999 8.6% $480,000 4.3% 6.7%

GRIFFIN 17 $421,000 -1.8% $432,500 3.0% 5.5%

JOYNER 7 N/A N/A $531,000 N/A 19.6%

KALLANGUR 74 $352,900 2.3% $350,000 4.2% -1.7%

KIPPA-RING 37 $385,000 6.9% $371,825 -0.3% 0.5%

LAWNTON 22 $351,250 -7.1% $352,000 10.4% 2.8%

MANGO HILL 41 $437,899 -3.7% $453,000 6.4% -0.4%

MARGATE ~ 41 $450,000 16.9% $400,000 8.6% 5.3%

MORAYFIELD 65 $320,000 1.0% $317,500 3.8% -5.8%

MORAYFIELD ^ 15 $535,000 -2.6% $537,250 3.7% -2.3%

MURRUMBA DOWNS 25 $499,999 1.0% $457,000 1.6% 2.9%

NARANGBA 70 $435,000 1.2% $430,000 1.2% -2.3%

NARANGBA ^ 4 N/A N/A $650,000 N/A N/A

NEWPORT 8 N/A N/A $787,500 -3.4% 1.4%

NINGI 8 N/A N/A $351,000 4.8% 18.6%

NINGI ^ 7 N/A N/A $517,000 8.8% 7.7%

NORTH LAKES 104 $450,000 -1.3% $450,000 0.6% 0.0%

PETRIE 33 $384,000 -5.0% $391,000 6.0% 0.8%

REDCLIFFE 32 $399,250 2.1% $388,250 3.5% 4.9%

ROTHWELL 30 $393,000 4.8% $395,000 8.2% 3.9%

SAMFORD VALLEY ^ 9 N/A N/A $876,250 -2.6% 7.5%

SANDSTONE POINT 16 $395,000 9.0% $380,000 2.2% -5.0%

SCARBOROUGH 37 $534,000 10.1% $479,000 6.7% 3.0%

STRATHPINE 24 $355,000 4.4% $355,000 2.9% 1.4%

TOORBUL 8 N/A N/A $275,000 N/A N/A

UPPER CABOOLTURE 3 N/A N/A $330,000 4.4% -3.6%



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE

BRISBANE (SD) 6,651 $479,000 0.8% $476,000 3.0% 6.0%

BRISBANE (SD) ^ 477 $575,000 2.7% $575,000 3.6% 0.9%

IPSWICH (LGA) 641 $315,000 -0.2% $315,000 3.3% -2.2%

IPSWICH (LGA) ^ 45 $486,250 3.7% $470,000 2.2% -4.1%

AUGUSTINE HEIGHTS 21 $459,000 -8.0% $510,000 4.0% -6.8%

BELLBIRD PARK ~ 12 $303,200 -14.0% $324,777 4.6% -0.1%

BOOVAL 15 $267,500 N/A $265,000 1.5% -11.7%

BRASSALL 30 $315,000 1.8% $318,750 1.4% -5.3%

BROOKWATER 6 N/A N/A $650,000 N/A N/A

BUNDAMBA 15 $269,000 0.7% $275,000 -1.8% 1.9%

CAMIRA 25 $355,000 1.4% $350,000 4.5% -2.0%

CHURCHILL 2 N/A N/A $245,000 -5.6% -11.6%

COLLINGWOOD PARK 31 $310,000 3.3% $302,500 3.9% -6.1%

DEEBING HEIGHTS 3 N/A N/A $387,500 N/A N/A

EAST IPSWICH 11 $356,250 31.9% $275,000 16.5% -1.8%

EASTERN HEIGHTS 16 $260,000 -6.3% $265,000 -1.1% -6.7%

FLINDERS VIEW ~ 19 $367,000 16.0% $345,000 -1.4% -11.5%

GOODNA 31 $282,500 -2.6% $285,000 7.5% -5.5%

IPSWICH 11 $330,000 -8.3% $335,250 10.6% -4.9%

KARALEE ^ ~ 11 $515,000 12.6% $505,000 -1.6% -3.3%

LEICHHARDT 13 $227,500 N/A $220,000 2.6% -12.7%

NEWTOWN 9 N/A N/A $326,500 6.4% -5.4%

NORTH BOOVAL 7 N/A N/A $240,000 0.4% -13.8%

NORTH IPSWICH 30 $270,000 10.2% $260,000 5.9% -11.4%

ONE MILE 6 N/A N/A $245,000 6.1% -3.9%

RACEVIEW 32 $302,500 0.3% $305,750 1.9% -6.2%

REDBANK 10 $295,000 N/A $292,500 N/A N/A

REDBANK PLAINS 68 $305,500 -0.8% $305,000 3.4% -1.6%

RIVERVIEW 10 $240,000 N/A $220,750 -2.5% -13.4%

ROSEWOOD 8 N/A N/A $272,500 4.8% 4.8%

SADLIERS CROSSING 5 N/A N/A $315,000 0.6% -0.5%

SILKSTONE 18 $268,000 9.8% $256,750 -2.9% -8.6%

SPRINGFIELD 22 $385,000 -1.3% $385,000 1.3% 4.1%

SPRINGFIELD LAKES 68 $415,294 -2.6% $417,000 6.9% 4.3%

TIVOLI 3 N/A N/A $230,000 N/A -13.0%

YAMANTO * 43 $410,000 -4.7% $415,000 23.9% 16.1%

LOGAN (LGA) 870 $357,625 2.2% $350,750 1.7% -2.0%

LOGAN (LGA) ^ 160 $530,000 3.9% $520,000 4.0% 1.0%

BEENLEIGH 16 $313,500 -2.4% $310,000 7.5% -6.1%

BETHANIA 18 $310,000 6.9% $300,000 6.8% -6.3%

BORONIA HEIGHTS 29 $308,000 -1.6% $315,000 1.9% -0.3%

BROWNS PLAINS 20 $315,000 3.3% $310,000 3.3% -6.1%

CEDAR GROVE ^ 7 N/A N/A $419,000 0.2% -1.8%

CEDAR VALE ^ 10 $457,500 N/A $450,000 4.9% 3.4%

CHAMBERS FLAT ^ 5 N/A N/A $520,000 N/A N/A

CORNUBIA ^ 6 N/A N/A $690,000 N/A N/A

CORNUBIA ~ 24 $400,000 -25.2% $504,000 7.8% 9.0%

CRESTMEAD 38 $310,000 3.1% $300,000 7.5% -4.5%

DAISY HILL 16 $420,000 -3.7% $439,000 4.5% 5.8%

EAGLEBY 34 $272,000 0.7% $268,500 7.4% -7.8%

EDENS LANDING 17 $312,000 -4.6% $329,000 -5.2% -7.1%

FORESTDALE ^ 2 N/A N/A $662,500 2.1% 3.5%

GREENBANK ^ 23 $520,000 2.5% $521,000 0.2% -1.7%

HERITAGE PARK ~ 25 $446,500 15.7% $408,000 4.1% -5.3%

HILLCREST 26 $336,000 0.3% $335,000 4.7% -1.2%

HOLMVIEW 11 $358,000 N/A N/A N/A N/A

JIMBOOMBA 11 $390,000 N/A $369,250 1.2% -1.5%

JIMBOOMBA ^ 17 $460,000 -5.2% $455,000 -1.1% -5.1%

KINGSTON 42 $283,500 3.1% $276,000 6.2% -4.0%

LOGAN CENTRAL 30 $295,000 6.1% $280,000 8.5% 1.1%

LOGAN RESERVE 16 $411,800 N/A $379,590 N/A N/A

LOGAN VILLAGE ^ 10 $512,500 1.0% $495,000 0.0% -4.8%

LOGANHOLME 22 $356,000 -6.3% $361,250 3.1% -3.7%

LOGANLEA 25 $353,500 10.5% $323,000 8.2% 1.3%

MARSDEN 42 $325,000 -1.5% $329,000 3.5% 2.8%

MEADOWBROOK 14 $379,500 N/A $380,750 5.5% -5.5%

MOUNT WARREN PARK 10 $355,500 1.0% $340,000 0.9% -10.1%



WAMURAN ^ 6 N/A N/A $527,500 14.1% -1.4%

WARNER 33 $465,000 -7.9% $480,000 2.7% 2.1%

WARNER ^ 5 N/A N/A $751,000 N/A N/A

WOODFORD 7 N/A N/A $307,250 N/A 4.7%

WOODY POINT ~ 21 $497,000 28.7% $432,500 13.8% 10.9%

WOORIM 6 N/A N/A $417,500 5.6% -0.6%

REDLAND (LGA) 535 $480,000 1.6% $478,250 4.0% 2.4%

REDLAND (LGA) ^ 19 $863,750 4.4% $840,000 7.7% 6.3%

ALEXANDRA HILLS 62 $410,000 -2.4% $415,000 1.7% 1.1%

BIRKDALE 50 $500,000 2.0% $497,000 3.5% 3.4%

CAPALABA 54 $427,000 -0.7% $430,000 2.4% 5.0%

CAPALABA ^ 5 N/A N/A $830,000 0.0% 0.0%

CLEVELAND 53 $528,500 -0.3% $531,500 4.2% 2.2%

MACLEAY ISLAND ~ 9 N/A N/A $205,000 3.0% -14.6%

MOUNT COTTON 28 $499,713 5.6% $480,000 3.2% 3.5%

ORMISTON ~ 29 $662,000 35.7% $623,250 13.8% 0.5%

REDLAND BAY 54 $515,000 -7.2% $515,000 5.5% 6.6%

RUSSELL ISLAND ~ 13 $162,500 -1.5% $170,000 -15.8% -27.7%

THORNESIDE ~ 13 $402,500 -11.5% $460,000 8.2% -4.5%

THORNLANDS 48 $550,000 1.9% $522,500 1.5% -5.3%

VICTORIA POINT 48 $480,000 -1.0% $480,000 3.2% -0.6%

WELLINGTON POINT 57 $575,000 4.5% $569,500 9.7% 6.4%

LOCKYER VALLEY (LGA) 30 $231,250 -4.0% $244,000 1.7% -9.6%

LOCKYER VALLEY (LGA) ^ ~ 71 $350,000 -9.7% $353,000 7.0% 2.3%

GATTON 16 $249,500 5.1% $259,500 3.4% -7.3%

KENSINGTON GROVE ^ 3 N/A N/A $360,000 10.8% -5.3%

LAIDLEY 9 N/A N/A $215,000 7.5% -14.0%

LAIDLEY HEIGHTS ^ 6 N/A N/A $295,000 N/A -11.9%

REGENCY DOWNS ^ 14 $283,000 N/A $290,000 -4.9% -15.0%

WITHCOTT ^ 4 N/A N/A $381,000 5.8% N/A

SCENIC RIM (LGA) 54 $360,500 -5.1% $361,250 3.2% -0.1%

SCENIC RIM (LGA) ^ ~ 67 $530,000 7.7% $510,000 10.9% 2.6%

BEAUDESERT 11 $314,000 0.3% $329,000 6.1% 4.4%

BOONAH 6 N/A N/A $255,000 -10.1% -5.1%

TAMBORINE ^ 15 $529,000 0.1% $543,500 5.5% -2.9%

TAMBORINE MOUNTAIN ^ 12 $637,500 N/A $613,750 N/A -19.2%

TAMBORINE MOUNTAIN ~ 25 $411,250 -9.3% $437,500 4.8% 1.7%

SOMERSET (LGA) ~ 39 $258,000 13.7% $245,000 -5.8% -10.9%

SOMERSET (LGA) ^ ~ 38 $360,000 -5.3% $380,000 10.1% 1.3%

FERNVALE 6 N/A N/A $356,500 6.4% 7.6%

FERNVALE ^ 5 N/A N/A $405,000 6.7% N/A

KILCOY 11 $260,000 N/A $239,000 N/A -11.9%

LOWOOD 10 $252,500 N/A $235,000 -10.9% -5.6%



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE

UNIT PRICEPOINTS


55

342

811

468

4979

352

890

490

61

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


MAR 15 JUN 15

256237

13786

10

269 286

173

70

7

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




239

493431

202

32

195

542471

234

33

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


MAR 15 JUN 15

97

231 221

116

18

74

209 221

127

28

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


MAR 15 JUN 15

21

84 3

27

12

62

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


MAR 15 JUN 15

165

5031 18

1

206

5930 27

3

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


MAR 15 JUN 15

28

19

60

3228

93

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


MAR 15 JUN 15

7

4

2

0

89

3

1

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


MAR 15 JUN 15

54

41

18 16

1

34

24 21 18

1

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


MAR 15 JUN 15

19

13

3 3

13

7 64

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


MAR 15 JUN 15

23

11 10

4

12

68

3

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


MAR 15 JUN 15

36

52

14

4

31

44

14

4

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


MAR 15 JUN 15



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE

BRISBANE (SD) 2,740 $390,000 -0.8% $393,125 2.1% 3.5%

IPSWICH (LGA) * t 74 $250,000 -4.3% $296,000 5.7% 6.1%

BOOVAL 7 N/A N/A $227,250 N/A N/A

BRASSALL 7 N/A N/A $254,000 15.7% N/A


BUNDAMBA 1 N/A N/A $299,900 3.4% N/A

GOODNA ~ 5 N/A N/A $257,000 -17.1% 8.9%

REDBANK PLAINS 10 $179,750 N/A $221,500 1.1% -24.9%

SPRINGFIELD LAKES 6 N/A N/A $381,900 N/A N/A

LOGAN (LGA) 276 $229,000 0.4% $240,000 -0.8% -14.3%

BEENLEIGH 16 $181,250 -2.8% $185,000 8.8% -24.8%

BROWNS PLAINS 11 $264,000 N/A $340,900 0.9% 23.5%

DAISY HILL 6 N/A N/A $297,000 N/A N/A

EAGLEBY * t 35 $206,000 N/A $206,000 -22.1% -31.1%

EDENS LANDING 6 N/A N/A $210,000 N/A -18.6%

HILLCREST 6 N/A N/A $230,000 5.5% -8.0%

KINGSTON 11 $277,750 N/A $280,000 N/A -6.7%

LOGAN CENTRAL 11 $186,000 N/A $184,000 10.2% -8.0%

MARSDEN 13 $331,000 3.4% $330,000 3.1% -7.0%

MEADOWBROOK 11 $246,750 N/A $255,100 N/A -21.5%

MOUNT WARREN PARK 12 $212,250 N/A $211,000 N/A -22.4%

ROCHEDALE SOUTH 20 $251,250 -11.2% $272,500 1.7% -6.4%

SHAILER PARK 7 $280,000 N/A $271,500 -0.9% -9.5%

SLACKS CREEK 9 N/A N/A $210,000 7.7% -13.6%

SPRINGWOOD 12 $275,500 -2.0% $274,000 7.5% -3.8%

UNDERWOOD 9 N/A N/A $375,000 -2.3% 21.8%

WATERFORD WEST 10 $201,250 N/A $195,000 3.4% -16.7%

WOODRIDGE 31 $191,000 0.8% $187,250 4.6% -14.7%

MORETON BAY (LGA) 326 $317,750 4.2% $330,000 3.1% -2.9%

ALBANY CREEK 7 N/A N/A $417,000 N/A N/A

BELLARA ~ 8 N/A N/A $225,000 -18.6% -27.4%

BONGAREE 16 $315,000 11.5% $305,000 5.2% -11.1%

BRENDALE 17 $286,000 7.9% $278,500 6.5% -6.9%

BURPENGARY 6 N/A N/A $261,250 N/A -14.3%

CABOOLTURE 10 $20,900 N/A $255,000 -7.9% -12.1%

CLONTARF 8 N/A N/A $415,000 0.7% 18.6%

DECEPTION BAY ~ 15 $233,000 3.7% $236,000 -10.9% -20.0%

GRIFFIN 8 N/A N/A $354,500 1.6% N/A

KALLANGUR 21 $305,000 1.5% $328,500 4.6% -1.9%

KIPPA-RING 11 $302,500 N/A $273,000 3.6% -19.0%

LAWNTON 6 N/A N/A $242,000 10.0% -25.3%

MANGO HILL 3 N/A N/A $365,000 2.8% 0.0%

MARGATE 12 $358,500 8.6% $358,500 0.6% -3.8%

MORAYFIELD 10 $228,500 N/A $243,000 -5.2% 6.6%

MURRUMBA DOWNS 14 $353,125 11.0% $342,500 -1.6% -1.9%

NORTH LAKES 9 N/A N/A $359,000 0.0% N/A

PETRIE 4 N/A N/A $336,000 N/A N/A

REDCLIFFE 37 $370,000 -5.4% $363,000 5.2% -7.7%

ROTHWELL 4 N/A N/A $320,000 N/A -2.4%

SCARBOROUGH 26 $342,000 -11.6% $375,000 -2.6% -15.9%

STRATHPINE 8 N/A N/A $262,000 2.8% -9.5%

WOODY POINT 9 N/A N/A $305,000 -6.2% -31.6%

WOORIM 2 N/A N/A $347,000 N/A N/A

REDLAND (LGA) * t 142 $367,500 -5.5% $380,000 10.1% 4.1%

BIRKDALE 14 $395,000 4.6% $367,500 5.0% 3.2%

CAPALABA ~ t 21 $275,000 -13.4% $291,000 -1.7% -4.6%

CLEVELAND ~ f 43 $348,000 -19.4% $397,500 -0.6% -0.4%

HOUSE PRICEPOINTS

1,079 1,276

540

19

1,194 1,412

628

18

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



54

532

667

119 55

557

698

119

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


MAR 15 JUN 15

157

47

11

163

43

8

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


MAR 15 JUN 15

158

245

85

2

153

213

90

3

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


MAR 15 JUN 15

227

70

13

211

71

14

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


MAR 15 JUN 15

44 47

19

48 52

14

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


MAR 15 JUN 15

200 166

51

227

156

46

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


MAR 15 JUN 15

77 83

40

75 63

21

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


MAR 15 JUN 15

133

72

22

146

57

26

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


MAR 15 JUN 15

129

753

1,840

247 114

740

1,997

318

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


MAR 15 JUN 15

239

196

70

215

163

56

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


MAR 15 JUN 15

62

443 445

55 70

431 427

58

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


MAR 15 JUN 15



ORMISTON 9 N/A N/A $369,000 12.5% 5.4%

THORNESIDE 8 N/A N/A $305,000 -2.4% 2.3%

THORNLANDS 14 $393,000 N/A $393,000 N/A N/A

VICTORIA POINT 4 N/A N/A $363,000 N/A 0.8%

WELLINGTON POINT 10 $454,450 7.6% $454,900 N/A N/A

SCENIC RIM (LGA) 15 $277,500 N/A $243,000 -6.5% -17.1%

TAMBORINE MOUNTAIN 4 N/A N/A $247,000 N/A N/A

NINGI ^ 3 N/A N/A $296,950 N/A N/A

NORTH LAKES * 22 $266,825 -3.0% $252,500 10.3% 24.1%

WARNER * 10 $238,300 3.7% $235,450 3.7% 0.2%

REDLAND (LGA) * B 136 $250,000 SNR $249,000 SNR -0.4%

REDLAND (LGA) ^ 2 N/A N/A N/A N/A N/A

BIRKDALE 0 N/A N/A $309,000 -1.6% 4.7%

CLEVELAND 1 N/A N/A $305,000 N/A -0.7%

MACLEAY ISLAND ~ f 18 $39,000 6.0% $33,000 24.5% -39.8%

MOUNT COTTON 9 N/A N/A $260,000 2.0% 1.8%

REDLAND BAY * 12 $289,750 N/A $285,000 7.5% 3.6%

RUSSELL ISLAND ~ f 37 $21,000 16.7% $18,500 -8.6% -49.9%

THORNLANDS * 37 $322,000 8.2% $295,000 3.5% 15.0%

WELLINGTON POINT 4 N/A N/A $349,500 4.3% 9.2%

LOCKYER VALLEY (LGA) 13 N/A N/A $100,000 0.0% -19.4%

LOCKYER VALLEY (LGA) ^ ~ 22 $129,500 -8.2% $130,000 4.0% -3.7%

KENSINGTON GROVE ^ 3 N/A N/A $148,000 N/A 2.1%

LAIDLEY NORTH 0 N/A N/A $100,000 0.0% -14.9%

SCENIC RIM (LGA) 7 N/A N/A $179,000 1.0% -3.2%

SCENIC RIM (LGA) ^ 14 N/A N/A $225,000 10.3% 21.6%

GLENEAGLE 3 N/A N/A $179,900 N/A 2.8%

SOMERSET (LGA) 13 N/A N/A $142,500 5.6% 10.5%

FERNVALE 6 N/A N/A $149,000 4.9% 8.8%


SALES MARKET - VACANT LAND (CONT’D)


MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



BRISBANE (SD) 742 $214,750 -1.0% $215,000 1.4% 1.4%

BRISBANE (SD) ^ ~ 76 $272,500 -6.0% $275,000 4.8% 0.0%

IPSWICH (LGA) 105 $175,826 -1.2% $175,500 0.3% -0.3%

IPSWICH (LGA) ^ 11 N/A N/A $243,250 -0.7% -1.7%

AUGUSTINE HEIGHTS 1 N/A N/A $226,275 7.8% -1.6%

BELLBIRD PARK * 9 N/A N/A $188,500 -4.3% -18.0%

BRASSALL 5 N/A N/A $185,000 2.8% 2.8%

BROOKWATER 6 N/A N/A $348,000 N/A N/A

DEEBING HEIGHTS * 1 N/A N/A $175,800 17.2% N/A

KARALEE ^ 2 N/A N/A $270,000 4.9% 3.8%

LEICHHARDT * 14 $149,250 N/A $149,000 -11.0% N/A

REDBANK PLAINS * 16 $158,000 N/A $154,500 10.4% -10.7%

RIPLEY * 8 N/A N/A $173,000 N/A N/A

SOUTH RIPLEY * 14 $184,000 5.1% $180,000 N/A N/A

SPRINGFIELD LAKES * 26 $178,000 N/A $204,000 14.0% 16.6%

LOGAN (LGA) * 178 $181,241 -13.7% $184,000 2.8% -12.3%

LOGAN (LGA) ^ ~ 19 $270,000 -7.4% $260,000 0.0% 4.0%

BUCCAN ^ 2 N/A N/A $290,000 N/A N/A

CORNUBIA 5 N/A N/A $355,000 2.9% N/A

CRESTMEAD 4 N/A N/A $210,000 N/A N/A

HOLMVIEW 8 N/A N/A $179,900 3.0% -15.1%

JIMBOOMBA 2 N/A N/A $179,500 6.2% -1.9%

JIMBOOMBA ^ 3 N/A N/A $247,250 N/A 15.0%

LOGAN RESERVE 22 $150,000 -6.8% $161,000 2.4% N/A

LOGAN VILLAGE 7 N/A N/A $250,000 -3.2% N/A

LOGANLEA * 4 N/A N/A $195,000 N/A 1.0%

MARSDEN 4 N/A N/A $190,000 4.8% -1.9%

MUNDOOLUN ^ 2 N/A N/A $230,000 N/A N/A

REGENTS PARK 0 N/A N/A $239,500 N/A N/A

WATERFORD 12 $201,750 N/A $180,500 -3.1% 0.8%

YARRABILBA * 80 $163,750 -1.1% $161,000 15.2% N/A

MORETON BAY (LGA) * 182 $235,500 9.6% $222,500 5.7% 9.1%

MORETON BAY (LGA) ^ ~ 35 $265,000 -22.1% $290,000 11.5% -4.1%

BANKSIA BEACH * f 5 N/A N/A $410,000 -9.4% -15.9%

BURPENGARY * 10 $217,950 10.4% $215,900 2.4% N/A

CABOOLTURE * 11 $199,000 7.6% $179,990 0.7% -7.7%

CABOOLTURE ^ 13 $265,000 N/A $260,000 0.0% N/A

DAKABIN 7 N/A N/A $212,000 6.0% -1.4%

GRIFFIN 3 N/A N/A $228,475 8.8% 9.7%

KALLANGUR * 23 $242,000 N/A $235,000 N/A 17.5%

MANGO HILL * 20 $242,500 N/A $238,000 4.4% 10.2%

MORAYFIELD 8 N/A N/A $182,000 5.8% -4.2%

NARANGBA 15 $205,000 -1.7% $206,800 2.7% -10.1%

IPSWICH CITY $300 742 $300 710

4300 AUGUSTINE HEIGHTS $350 179 $335 185

4301 COLLINGWOOD PARK $320 113 $310 100

4303 DINMORE $280 16 $260 18

4304 BLACKSTONE $290 92 $285 89

4305 BASIN POCKET $285 275 $275 252

4306 AMBERLEY $330 36 $310 44

4340 ASHWELL $290 26 $280 19

4346 MARBURG $340 5 N.A. 3

LOGAN CITY $345 916 $335 868

4114 KINGSTON $320 162 $310 171

4118 BROWNS PLAINS $350 84 $345 84

4119 UNDERWOOD $400 16 $375 14

4123 PRIESTS GULLY $400 53 $380 34

4124 BORONIA HEIGHTS $350 52 $330 30

4125 MUNRUBEN $400 8 $400 9

4127 CHATSWOOD HILLS $350 82 $350 81

4128 KIMBERLEY PARK $385 38 $400 33

4129 LOGANDALE $350 26 $355 25

4130 CARBROOK $395 8 $375 10

4131 LOGANLEA $340 27 $330 24

4132 CRESTMEAD $330 99 $325 74

4133 CHAMBERS FLAT $360 34 $345 49

4205 BETHANIA $330 16 $330 17

4207 ALBERTON $330 180 $325 185

4280 JIMBOOMBA $385 31 $400 24

MORETON BAY REGIONAL $345 993 $340 1,008

4019 CLONTARF $360 82 $350 71

4020 NEWPORT $355 62 $350 75

4021 KIPPA-RING $370 31 $340 37

4022 ROTHWELL $350 15 $330 10

4035 ALBANY CREEK $435 20 $400 27

4037 EATONS HILL $430 10 N.A. 4

4055 BUNYA $400 37 $410 25

4500 BRAY PARK $370 63 $355 77

4501 LAWNTON $340 11 $340 13

4502 FRENCHS FOREST $360 28 $340 16

4503 DAKABIN $355 99 $355 88

4504 NARANGBA $350 31 $340 25



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE

LAND PRICEPOINTS

18

47

35

23

3438 36 33

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


MAR 15 JUN 15

339

8129 3

449

10044

8

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



73

179 8

98

38

617

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


MAR 15 JUN 15

52

2614 15

70

36

21

7

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


MAR 15 JUN 15

48

0 0

36

1 1

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


MAR 15 JUN 15

64

6 2

81

124

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


MAR 15 JUN 15

50

2 1

53

51

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


MAR 15 JUN 15

15

02

22

2 1

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


MAR 15 JUN 15

30

1 0

15

4 4

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


MAR 15 JUN 15

43

1 1

53

1 0

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


MAR 15 JUN 15

34

4 2

46

2 0

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


MAR 15 JUN 15

43

1 1

46

2 3

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


MAR 15 JUN 15



4505 BURPENGARY $350 23 $324 32

4506 MOORINA $300 61 $295 63

4507 BANKSIA BEACH $345 42 $320 46

4508 DECEPTION BAY $315 110 $310 72

4509 MANGO HILL $390 68 $380 98

4510 BALINGOOL $300 161 $290 173

4511 GODWIN BEACH $340 8 $305 18

4514 BELLTHORPE $300 11 $300 14

4520 ARMSTRONG CREEK $475 5 $445 12

4521 CAMPBELLS POCKET $380 8 $370 5

REDLAND CITY $395 322 $380 320

4157 CAPALABA $395 35 $380 28

4158 THORNESIDE $400 7 $360 12

4159 AQUATIC PARADISE $400 25 $385 27

4160 EROBIN $410 32 $400 30

4161 ALEXANDRA HILLS $400 43 $390 46

4163 CLEVELAND $430 34 $405 37

4164 PINKLANDS $410 18 $360 16

4165 MOUNT COTTON $405 60 $380 54

4184 COOCHIEMUDLO ISLAND $250 65 $240 64

LOCKYER VALLEY REGIONAL $285 97 $280 98

4341 BLENHEIM $290 40 $275 41

4342 CROWLEY VALE $250 6 $285 9

4343 ADARE $285 42 $280 39

4347 GRANTHAM $260 5 N.A. 4

SOMERSET REGIONAL $280 62 $270 73

4311 ATKINSONS DAM $280 34 $275 29

4312 BRYDEN $250 9 $250 14

4313 BIARRA $230 8 $230 11

4515 GLENFERN $285 11 $300 19

RENTAL MARKET - 3 BED HOUSES (CONT’D)POST JUN-15 JUN-14


RENTAL MARKET - 2 BED UNITS



IPSWICH CITY $260 160 $255 149



4304 BLACKSTONE $250 28 $240 13

4305 BASIN POCKET $255 70 $250 81

4306 AMBERLEY $270 9 N.A. 1

LOGAN CITY $260 221 $265 196

4114 KINGSTON $260 91 $260 65

4119 UNDERWOOD $290 5 N.A. 2

4127 CHATSWOOD HILLS $295 21 $310 21

4128 KIMBERLEY PARK $295 10 $290 8

4132 CRESTMEAD $240 6 $250 7

4133 CHAMBERS FLAT $275 9 $240 12

4207 ALBERTON $250 67 $255 68

MORETON BAY REGIONAL $280 459 $270 447

4019 CLONTARF $260 70 $270 71

4020 NEWPORT $310 77 $295 73

4021 KIPPA-RING $265 8 $265 15

4500 BRAY PARK $295 25 $295 32

4501 LAWNTON $280 9 $280 9

4503 DAKABIN $280 54 $280 40

4505 BURPENGARY $280 7 $250 9

4506 MOORINA $260 12 $260 13

4507 BANKSIA BEACH $280 48 $270 43

4508 DECEPTION BAY $275 13 $240 22

4509 MANGO HILL $320 28 $315 18

4510 BALINGOOL $260 93 $255 87

REDLAND CITY $320 64 $325 74

4157 CAPALABA $330 9 $320 19

4160 EROBIN $385 6 N.A. 3

4161 ALEXANDRA HILLS $242 8 N.A. 2

4163 CLEVELAND $350 25 $360 33

4165 MOUNT COTTON $300 6 $220 7

LOCKYER VALLEY REGIONAL $220 18 $220 16

4343 ADARE $225 15 $245 10

SOMERSET REGIONAL N/A 7 N/A 5

IPSWICH CITY $320 131 $310 97



4304 BLACKSTONE $305 25 $310 19

4305 BASIN POCKET $295 24 $305 17

LOGAN CITY $340 409 $335 391

4114 KINGSTON $330 29 $310 45

4118 BROWNS PLAINS $350 72 $345 47

4119 UNDERWOOD $410 15 $405 14

4123 PRIESTS GULLY $330 7 $355 9

4127 CHATSWOOD HILLS $330 35 $320 44

4128 KIMBERLEY PARK $320 9 $340 9

4131 LOGANLEA $350 49 $341 30

4132 CRESTMEAD $340 64 $340 60

4133 CHAMBERS FLAT $325 11 $320 22

4205 BETHANIA $272 8 N.A. 2

4207 ALBERTON $320 105 $320 102

MORETON BAY REGIONAL $340 534 $330 454

4019 CLONTARF $365 9 $320 12

4020 NEWPORT $360 11 $330 9

4021 KIPPA-RING $330 46 $325 54

4022 ROTHWELL $330 7 N.A. 1

4035 ALBANY CREEK $385 9 $380 5

4500 BRAY PARK $360 51 $350 28

4501 LAWNTON $330 13 $340 11

4502 FRENCHS FOREST $330 16 $320 8

4503 DAKABIN $345 150 $335 140

4504 NARANGBA $350 7 $345 9

4505 BURPENGARY $300 22 $315 29

4506 MOORINA $310 8 $310 14

4507 BANKSIA BEACH $330 9 $315 8

4508 DECEPTION BAY $310 50 $305 43

4509 MANGO HILL $355 102 $345 56

4510 BALINGOOL $315 21 $295 16

REDLAND CITY $390 121 $385 112

4157 CAPALABA $375 13 $360 13

4158 THORNESIDE $380 13 $375 10

4160 EROBIN $385 28 $390 19

4163 CLEVELAND $405 32 $405 35

4164 PINKLANDS $390 16 N.A. 3

4165 MOUNT COTTON $405 13 $385 24

... many home buyers are also looking to the outer regions for greater value for money


REGIONAL MARKET UPDATES

GOLD COAST

HOUSE PRICEPOINTS

1,079 1,276

540

19

1,194 1,412

628

18

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



54

532

667

119 55

557

698

119

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


MAR 15 JUN 15

157

47

11

163

43

8

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


MAR 15 JUN 15

158

245

85

2

153

213

90

3

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


MAR 15 JUN 15

227

70

13

211

71

14

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


MAR 15 JUN 15

44 47

19

48 52

14

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


MAR 15 JUN 15

200 166

51

227

156

46

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


MAR 15 JUN 15

77 83

40

75 63

21

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


MAR 15 JUN 15

133

72

22

146

57

26

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


MAR 15 JUN 15

129

753

1,840

247 114

740

1,997

318

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


MAR 15 JUN 15

239

196

70

215

163

56

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


MAR 15 JUN 15

62

443 445

55 70

431 427

58

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


MAR 15 JUN 15

The Gold Coast property market continues to go from strength to strength with sales activity strong over the June quarter.

According to local agents confidence levels are on the improve with an air of continued optimism among buyers and sellers.

Confidence is buoyed by infrastructure projects, plus commercial and residential projects currently under way, strengthening the employment landscape for the region.

Consistent market conditions in the lead-up to the Commonwealth Games are encouraging signs for the overall Gold Coast property market.

HOUSE MARKET

Over the June quarter, the Gold Coast house market recorded its fourth consecutive quarterly increase in preliminary sales numbers.

Similar to Brisbane, this trend in activity has been most notable in the $500,000 to sub-$1 million price point. From the start of the recovery in June 2013 to the June quarter this year, this price point has seen increase of 396 sales or 138 per cent.

According to local agents, buyer demand for properties priced $500,000 to $600,000 is strongest with multiple offers becoming common place.

Top selling suburb over the year to June was Upper Coomera, where home buyers are able to get more for their money – a large four or five bedroom home for fraction of the price of those located closer to the central business and tourism strip.

Other top performing suburbs include Southport, Pimpama and Pacific Pines.

The average days on market statistic has held its ground at 72 days while average vendor discounting has also held relatively steady around six per cent.

Vendor optimism is strengthened by the improving market conditions, which is seeing total house listings increase. Over the year to May 2015, house listing numbers had increased eight per cent.

UNIT MARKET

While quarterly sales activity hasn’t been as consistent for the Gold Coast unit and townhouse market, the overall trend is on the rise.

Over the June quarter unit sales activity was down 18 per cent, however over the year to June, preliminary sales numbers were up 10 per cent.

The region’s median sale price eased slightly over the quarter, down 1.4 per cent on the back of increased investor activity at the affordable end of the market.

According to local agents, interstate investor interest has started to increase, in both the low and high rise unit market.

The strength of the Gold Coast’s unit market was evident in four of the region’s suburbs recording the highest increase in preliminary sales activity state-wide.

Over the year to June, Surfers Paradise recorded the highest increase up about 140 sales, followed by Varsity Lakes (up 100), Labrador and Coomera (both about 75 sales).

RENTAL MARKET

With renewed investor activity on the Gold Coast, vacancy rates have started to show signs of easing.

At 2.3 per cent however, rental market conditions are still considered relatively tight, with tenant demand remaining strong due to the continued improving employment opportunities on the Gold Coast.

According to local agents the more affordable regions such as Coomera and Pimpama are most popular, with tenant enquiry levels the strongest they’ve seen in years.

Compared to the June quarter last year, median weekly rents are up across the board, with the highest increase recorded for three-bedroom flats, up $30 to $430 per week. All other rental types were up $10 to $20 over the period.

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

17


JUNE QUARTER 2015

GOLD COAST (LGA) 1,492 $525,000 -1.2% $520,000 5.2% 2.8%

GOLD COAST (LGA) ^ ~ 140 $725,000 8.2% $706,000 7.4% 0.9%

ARUNDEL 37 $530,000 9.8% $525,000 11.9% 9.4%

ASHMORE 36 $500,000 2.5% $502,500 7.0% 2.8%

BENOWA 34 $750,000 0.0% $751,900 6.7% 2.7%

BIGGERA WATERS 17 $645,000 -6.7% $625,000 13.6% 12.6%

BONOGIN ^ 12 $655,000 3.6% $645,000 13.2% -4.4%

BROADBEACH WATERS 34 $788,500 -4.4% $820,000 2.2% -5.9%

BUNDALL 24 $825,000 10.0% $825,000 7.4% -7.3%

BURLEIGH HEADS 16 $750,000 14.5% $635,000 9.5% 4.1%

BURLEIGH WATERS 51 $685,000 12.9% $625,000 7.8% 10.6%

CARRARA 32 $510,000 13.3% $465,000 3.2% 3.3%

CLEAR ISLAND WATERS ~ 12 $957,500 19.7% $951,000 19.4% 9.0%

COOLANGATTA 9 N/A N/A $705,000 N/A N/A

COOMBABAH 31 $452,000 1.9% $437,500 12.3% 1.7%

COOMERA 31 $555,150 10.8% $515,250 -2.4% -9.0%

CURRUMBIN ~ f 4 N/A N/A $955,000 27.3% 63.1%

CURRUMBIN VALLEY ^ 10 $871,500 N/A $805,750 4.6% N/A

CURRUMBIN WATERS 23 $535,000 0.3% $532,000 6.4% 8.0%

ELANORA 48 $525,000 -3.7% $535,500 5.0% 3.0%

GILSTON 8 N/A N/A $489,500 N/A N/A

HELENSVALE 65 $525,000 -1.6% $520,000 9.5% 5.1%

HIGHLAND PARK 26 $441,000 6.5% $430,000 4.9% 2.4%

HOLLYWELL 17 $690,000 -1.7% $630,000 11.3% 12.5%

HOPE ISLAND 46 $842,500 10.5% $777,250 8.1% -27.7%

JACOBS WELL 8 N/A N/A $395,000 -2.4% -6.8%

LABRADOR 18 $450,000 4.9% $450,000 7.1% 4.3%

LOWER BEECHMONT 8 N/A N/A $352,500 N/A -6.0%

MAUDSLAND 12 $438,500 -1.5% $460,000 2.2% 4.8%

MERMAID BEACH 13 $1,223,750 12.8% $983,000 11.1% -20.1%

MERMAID WATERS 41 $720,000 1.4% $725,000 10.7% 11.2%

MERRIMAC 20 $476,000 -1.9% $460,000 10.2% 8.2%

MIAMI 20 $650,000 8.5% $592,500 3.0% 8.2%

MOLENDINAR 26 $534,000 8.3% $520,000 4.0% 2.4%

MUDGEERABA 38 $470,000 -6.0% $490,000 4.3% 2.1%

MUDGEERABA ^ 9 N/A N/A $655,000 4.0% -3.0%

NERANG 39 $416,250 9.5% $385,000 5.5% -1.3%

NERANG ^ 5 N/A N/A $746,000 N/A -1.8%

ORMEAU 40 $426,000 -0.4% $430,000 4.9% -3.8%

ORMEAU HILLS 19 $468,500 -1.4% $465,000 3.4% -8.6%

OXENFORD ~ 46 $431,500 -11.0% $445,500 2.7% -2.8%

PACIFIC PINES 72 $470,000 -1.7% $470,000 3.9% 0.9%

PALM BEACH 39 $642,500 7.1% $600,000 11.1% 9.1%

PARADISE POINT ~ f 39 $900,000 -18.2% $867,500 9.8% -11.0%

PARKWOOD ~ 31 $535,000 15.7% $512,500 10.2% 6.8%

PIMPAMA ~ 15 $465,750 19.4% $428,000 9.7% 7.0%

REEDY CREEK 20 $641,500 -5.7% $635,000 3.9% -1.6%

ROBINA 64 $528,000 -5.9% $568,500 6.3% 2.8%

RUNAWAY BAY ~ 27 $745,000 -7.5% $875,000 15.1% 34.4%

SOUTHPORT 74 $516,500 10.1% $491,000 11.6% 4.8%

SURFERS PARADISE ~ 25 $1,035,000 -16.2% $1,170,000 1.7% -10.7%

TALLAI ^ 7 N/A N/A $764,500 6.2% 0.6%

TALLEBUDGERA ^ 16 $771,250 N/A $735,000 8.9% 6.6%

TALLEBUDGERA VALLEY ^ 9 N/A N/A $755,000 4.1% 3.4%

TUGUN ~ 20 $476,500 -9.7% $485,417 -1.9% 7.9%

UPPER COOMERA 100 $418,000 -3.7% $417,000 4.8% -1.9%

VARSITY LAKES 39 $550,000 -3.5% $535,000 13.8% 9.2%

WORONGARY 12 $442,000 7.8% $410,000 1.2% 2.5%

WORONGARY ^ ~ 11 $770,000 20.3% $675,000 7.6% -3.5%



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE

GOLD COAST (LGA) 1,509 $350,000 -1.4% $349,900 -0.6% -6.9%

ARUNDEL 14 $315,000 0.0% $310,000 3.3% -3.9%

ASHMORE 25 $303,000 -6.0% $289,000 5.1% -8.0%

BENOWA t f 20 $510,500 34.3% $537,000 45.1% 18.3%

BIGGERA WATERS ~ 32 $297,500 -3.4% $300,000 -20.2% -21.1%

BILINGA ~ f 11 $515,000 20.1% $502,500 21.1% -3.8%

BROADBEACH 102 $425,000 1.2% $421,000 0.2% -10.4%

BROADBEACH WATERS 9 N/A N/A $390,000 5.4% -14.9%

BUNDALL 13 $297,900 N/A $335,900 3.2% -2.6%

BURLEIGH HEADS 70 $405,000 -1.2% $400,000 5.8% -4.3%

BURLEIGH WATERS 36 $382,500 4.9% $367,500 11.4% 1.7%

CARRARA ~ 21 $325,000 -18.7% $408,500 3.4% -4.0%

CLEAR ISLAND WATERS 13 $510,000 N/A $475,000 8.0% -9.5%

COOLANGATTA 73 $444,250 5.8% $443,500 18.3% -10.9%

COOMBABAH 52 $310,000 -6.1% $330,000 10.0% -5.2%

COOMERA 18 $275,000 2.6% $285,000 18.6% -19.7%

CURRUMBIN 13 $412,000 4.3% $413,500 5.6% 2.1%

CURRUMBIN WATERS 14 $348,000 -4.7% $341,875 14.0% -4.4%

ELANORA 23 $302,500 2.5% $308,000 4.4% -6.7%

HELENSVALE t f 22 $328,500 32.7% $281,000 -9.7% -8.8%

HIGHLAND PARK 6 N/A N/A $275,000 11.3% 1.1%

HOLLYWELL ~ f * 5 N/A N/A $605,000 N/A -32.8%

HOPE ISLAND 34 $403,000 4.7% $385,250 -3.7% -1.7%

LABRADOR 125 $323,900 -0.3% $328,000 2.5% 0.9%

MAIN BEACH 55 $570,000 7.5% $552,500 -0.5% -15.3%

MERMAID BEACH 56 $362,900 0.1% $365,000 4.3% -3.9%

MERMAID WATERS 41 $322,000 0.2% $319,000 6.3% -3.3%

MERRIMAC 16 $310,000 -8.1% $327,500 -7.7% -20.1%

MIAMI 32 $371,500 9.3% $370,000 8.7% -7.5%

MOLENDINAR 9 N/A N/A $265,000 N/A N/A

MUDGEERABA 26 $334,250 -1.0% $328,750 4.4% -4.0%

NERANG 37 $296,000 3.9% $292,500 7.9% 0.3%

ORMEAU 10 $298,000 N/A $335,000 3.2% -7.3%

OXENFORD 30 $278,000 5.6% $279,000 3.3% -5.1%

PACIFIC PINES 23 $350,000 1.4% $350,000 -4.8% -8.6%

PALM BEACH 70 $345,000 9.0% $335,000 -4.3% -10.7%

PARADISE POINT 29 $590,000 7.3% $560,000 9.8% 5.7%

PARKWOOD 7 N/A N/A $300,000 N/A -9.8%

PIMPAMA 14 $324,500 -4.6% $340,000 -7.2% -2.9%

REEDY CREEK 11 $279,000 -5.4% $287,000 -4.0% -8.0%

ROBINA 73 $420,000 5.5% $427,000 6.8% -5.8%

RUNAWAY BAY ~ 37 $460,000 28.1% $400,000 -4.8% -2.4%

SOUTHPORT 154 $325,500 2.8% $320,000 -2.9% -9.9%

SURFERS PARADISE 268 $332,500 1.2% $340,000 -3.0% -11.0%

TUGUN ~ 30 $390,000 13.0% $380,000 1.3% -11.5%

UPPER COOMERA 16 $335,000 8.1% $315,000 6.8% -13.7%

VARSITY LAKES 61 $405,000 10.4% $387,000 3.2% -1.3%

UNIT PRICEPOINTS


55

342

811

468

4979

352

890

490

61

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


MAR 15 JUN 15

256237

13786

10

269 286

173

70

7

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




239

493431

202

32

195

542471

234

33

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


MAR 15 JUN 15

97

231 221

116

18

74

209 221

127

28

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


MAR 15 JUN 15

21

84 3

27

12

62

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


MAR 15 JUN 15

165

5031 18

1

206

5930 27

3

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


MAR 15 JUN 15

28

19

60

3228

93

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


MAR 15 JUN 15

7

4

2

0

89

3

1

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


MAR 15 JUN 15

54

41

18 16

1

34

24 21 18

1

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


MAR 15 JUN 15

19

13

3 3

13

7 64

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


MAR 15 JUN 15

23

11 10

4

12

68

3

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


MAR 15 JUN 15

36

52

14

4

31

44

14

4

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


MAR 15 JUN 15

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



GOLD COAST CITY $380 2,420 $360 2,408

4209 COOMERA $318 11 $310 11

4210 OXENFORD $310 18 $300 14

4211 PACIFIC PINES $320 41 $365 46

4212 HELENSVALE $400 45 $420 48

4213 MUDGEERABA $320 7 N.A. 4

4214 ARUNDEL $300 18 $325 26

4215 SOUTHPORT $360 519 $350 475

4216 PARADISE POINT $370 225 $350 198

4217 SURFERS PARADISE $420 556 $395 574

4218 BROADBEACH $380 321 $365 340

4220 BURLEIGH HEADS $400 211 $370 185

4221 PALM BEACH $335 132 $310 137

4223 CURRUMBIN $380 28 $365 36

4224 TUGUN $350 33 $330 44

4225 COOLANGATTA $350 106 $330 105

4226 CLEAR ISLAND WATERS $420 50 $400 53

4227 VARSITY LAKES $340 98 $336 111

SCENIC RIM REGIONAL $225 24 $220 37

4285 ALLENVIEW $220 17 $210 30

LAND PRICEPOINTS

18

47

35

23

3438 36 33

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


MAR 15 JUN 15

339

8129 3

449

10044

8

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



73

179 8

98

38

617

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


MAR 15 JUN 15

52

2614 15

70

36

21

7

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


MAR 15 JUN 15

48

0 0

36

1 1

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


MAR 15 JUN 15

64

6 2

81

124

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


MAR 15 JUN 15

50

2 1

53

51

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


MAR 15 JUN 15

15

02

22

2 1

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


MAR 15 JUN 15

30

1 0

15

4 4

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


MAR 15 JUN 15

43

1 1

53

1 0

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


MAR 15 JUN 15

34

4 2

46

2 0

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


MAR 15 JUN 15

43

1 1

46

2 3

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


MAR 15 JUN 15





RENTAL MARKET - 3 BED TOWNHOUSES



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE

GOLD COAST (LGA) 159 $240,000 3.4% $230,000 0.0% -3.8%

GOLD COAST (LGA) ^ 13 N/A N/A $402,500 12.8% 6.1%

COOMERA * 32 $244,400 -0.4% $240,000 0.8% 4.3%

ELANORA 5 N/A N/A $331,000 N/A N/A

GILSTON 5 N/A N/A $261,000 4.4% 11.6%

HOPE ISLAND * f 25 $515,000 29.1% $452,500 24.0% -3.7%

MAUDSLAND 4 N/A N/A $225,000 N/A -7.8%

ORMEAU 3 N/A N/A $224,500 2.0% -10.2%

ORMEAU HILLS 3 N/A N/A $214,550 -1.1% N/A

PACIFIC PINES 12 $220,750 N/A $226,400 N/A -3.9%

PIMPAMA * 56 $219,900 1.8% $222,000 1.5% 3.3%

REEDY CREEK 2 N/A N/A $347,800 9.2% 2.7%

UPPER COOMERA 24 $241,000 0.8% $232,500 1.3% 0.0%

WILLOW VALE 0 N/A N/A $212,400 8.9% N/A

GOLD COAST CITY $450 952 $430 960

4208 ORMEAU $400 25 $390 26

4209 COOMERA $390 108 $380 97

4210 OXENFORD $420 22 $390 18

4211 PACIFIC PINES $400 112 $400 106

4212 HELENSVALE $470 49 $440 62

4213 MUDGEERABA $460 33 $430 55

4214 ARUNDEL $430 86 $420 82

4215 SOUTHPORT $430 113 $400 112

4216 PARADISE POINT $455 61 $410 64


4218 BROADBEACH $550 55 $520 41

4220 BURLEIGH HEADS $500 58 $485 52

4221 PALM BEACH $495 40 $480 47

4223 CURRUMBIN $500 19 $465 29

4224 TUGUN $450 11 $430 13

4225 COOLANGATTA $450 5 $440 6


4227 VARSITY LAKES $470 24 $440 39

SCENIC RIM REGIONAL $350 107 $340 114

4272 MOUNT TAMBORINE $410 30 $385 19

4275 BENOBBLE $405 9 $360 8

4285 ALLENVIEW $305 43 $310 46

4309 ARATULA $265 7 $265 5

4310 ALLANDALE $270 11 $260 13

GOLD COAST CITY $400 1,170 $380 1,089

4208 ORMEAU $385 8 $370 13

4209 COOMERA $370 172 $350 137

4210 OXENFORD $370 19 $350 19

4211 PACIFIC PINES $385 208 $370 175

4212 HELENSVALE $450 34 $435 52

4213 MUDGEERABA $385 34 $370 29

4214 ARUNDEL $380 54 $380 49

4215 SOUTHPORT $420 138 $380 128

4216 PARADISE POINT $400 93 $400 99


4218 BROADBEACH $460 33 $420 26

4220 BURLEIGH HEADS $440 38 $380 33

4221 PALM BEACH $415 33 $390 17

4223 CURRUMBIN $380 10 $370 16

4224 TUGUN $445 21 $430 20


4227 VARSITY LAKES $430 63 $410 79

SCENIC RIM REGIONAL N/A 7 $310 10

4285 ALLENVIEW $280 7 $310 10

...interstate investor interest has started to increase, in both the low and high rise unit market.

19


JUNE QUARTER 2015

TOOWOOMBAHOUSE PRICEPOINTS

1,079 1,276

540

19

1,194 1,412

628

18

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



54

532

667

119 55

557

698

119

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


MAR 15 JUN 15

157

47

11

163

43

8

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


MAR 15 JUN 15

158

245

85

2

153

213

90

3

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


MAR 15 JUN 15

227

70

13

211

71

14

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


MAR 15 JUN 15

44 47

19

48 52

14

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


MAR 15 JUN 15

200 166

51

227

156

46

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


MAR 15 JUN 15

77 83

40

75 63

21

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


MAR 15 JUN 15

133

72

22

146

57

26

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


MAR 15 JUN 15

129

753

1,840

247 114

740

1,997

318

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


MAR 15 JUN 15

239

196

70

215

163

56

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


MAR 15 JUN 15

62

443 445

55 70

431 427

58

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


MAR 15 JUN 15

UNIT PRICEPOINTS


55

342

811

468

4979

352

890

490

61

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


MAR 15 JUN 15

256237

13786

10

269 286

173

70

7

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




239

493431

202

32

195

542471

234

33

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


MAR 15 JUN 15

97

231 221

116

18

74

209 221

127

28

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


MAR 15 JUN 15

21

84 3

27

12

62

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


MAR 15 JUN 15

165

5031 18

1

206

5930 27

3

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


MAR 15 JUN 15

28

19

60

3228

93

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


MAR 15 JUN 15

7

4

2

0

89

3

1

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


MAR 15 JUN 15

54

41

18 16

1

34

24 21 18

1

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


MAR 15 JUN 15

19

13

3 3

13

7 64

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


MAR 15 JUN 15

23

11 10

4

12

68

3

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


MAR 15 JUN 15

36

52

14

4

31

44

14

4

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


MAR 15 JUN 15

LAND PRICEPOINTS

18

47

35

23

3438 36 33

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


MAR 15 JUN 15

339

8129 3

449

10044

8

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



73

179 8

98

38

617

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


MAR 15 JUN 15

52

2614 15

70

36

21

7

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


MAR 15 JUN 15

48

0 0

36

1 1

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


MAR 15 JUN 15

64

6 2

81

124

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


MAR 15 JUN 15

50

2 1

53

51

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


MAR 15 JUN 15

15

02

22

2 1

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


MAR 15 JUN 15

30

1 0

15

4 4

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


MAR 15 JUN 15

43

1 1

53

1 0

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


MAR 15 JUN 15

34

4 2

46

2 0

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


MAR 15 JUN 15

43

1 1

46

2 3

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


MAR 15 JUN 15

Toowoomba’s residential property market has tapered off with sales activity across both the house and unit markets easing for two consecutive quarters. A drop in overall confidence is behind the easing in conditions, although property prices are holding steady despite this.

Toowoomba has always remained a region that records steady movements, and looking ahead the outlook remains the same. The going ahead of the second range crossing is likely to provide the region a boost of confidence with the flow-on effect to employment opportunities despite the likelihood of workers camps and fly-in fly-out workers.

Local sub-contracting businesses will be the winners here, which is where local jobs are anticipated to be created from this significant infrastructure project.

HOUSE MARKET

Over the June quarter, Toowoomba’s median house price remained relatively stable, down 0.8 per cent to $351,000. Sales activity was also down, both over the quarter and over the year.

Sales activity has tapered off across all price points, with the sub-$350,000 price range the most affected. This, however, is likely due to the recent improvement in overall property prices, with properties selling within the $350,000 to $500,000 price range recording the greatest increase in activity over the past two years.

Average days on market have remained relatively steady at 65 days, while average vendor discounting for house sales stretched out to 4.9 per cent. Despite this, the region remains the fastest selling outside of metropolitan Brisbane along with the lowest vendor discounting across the state.

Listing numbers have come down compared to a year ago, with local agents saying that new listings are hard to come by. Vendors are said to be cautious at present, not willing to sell at this point in time.

UNIT MARKET

Toowoomba’s unit market has similarly taken its foot off the accelerator, with sales activity also down over the quarter. The region’s median unit sale price eased 3.9 per cent, as the volume of new dwelling sales trails off with investor activity reportedly easing.

With an abundance of new developments having taken place in recent years, the unit market is said to be in oversupply. According to the latest on-the-market indicators however, this is beginning to correct itself. Compared to a year ago, the total number of listings has come down 11 per cent, bringing total percentage of unit stock on market down to 7.2 per cent.

Over that same period, average days on market have also improved, down to 70 days, evidence that buyer demand for units and townhouses continues to remain at healthy levels in Toowoomba.

RENTAL MARKET

The state’s top performing regional rental market, Toowoomba remained relatively unchanged over the three months to June, down 0.1 percentage points to 3.1 per cent vacancy.

According to local agents, the unit market is driving the current oversupply with many developments more geared for investment purchase.

Tenant demand is also said to be weaker, with first home buyers on the move alongside a drop in mining employment in the region. Local agents say landlords seeking uninterrupted rental income are being encouraged to reduce their asking rent to ensure continuity.

Future demand for rental property however is likely to continue as Toowoomba’s population continues to grow boosted by its relative affordability and improving local infrastructure.



TOOWOOMBA (LGA) ~ * 48 $184,000 -1.3% $174,000 13.0% 33.8%

TOOWOOMBA (LGA) ^ ~ 25 $190,000 -23.8% $210,000 18.5% 35.5%

CAMBOOYA 2 N/A N/A $115,000 N/A N/A

CRANLEY 0 N/A N/A $159,950 N/A N/A

GLENVALE * 8 N/A N/A $175,750 3.4% 31.2%

KEARNEYS SPRING * 9 N/A N/A $207,000 N/A 30.2%

KLEINTON * 10 $188,000 -8.7% $174,000 14.5% 32.3%

MIDDLE RIDGE * 4 N/A N/A $280,000 N/A 28.7%

WYREEMA 0 N/A N/A $147,000 N/A N/A

SOUTHERN DOWNS (LGA) 11 N/A N/A $84,000 6.3% -6.6%






MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



TOOWOOMBA (LGA) 441 $351,000 -0.8% $350,000 6.1% 20.7%

TOOWOOMBA (LGA) ^ ~ 102 $530,000 9.3% $490,000 2.5% 12.6%

CENTENARY HEIGHTS 21 $365,000 2.8% $357,875 4.3% 20.5%

CROWS NEST 7 N/A N/A $260,000 5.7% 8.3%

DARLING HEIGHTS 16 $379,500 8.4% $350,000 4.5% 18.6%

EAST TOOWOOMBA ~ 23 $419,000 -10.4% $432,500 5.5% 14.4%

GLENVALE 11 $370,000 -3.9% $378,750 10.3% 15.3%

GLENVALE ^ 7 N/A N/A $522,500 5.6% N/A

HARLAXTON 10 $264,500 N/A $280,000 9.8% 16.7%

HARRISTOWN 31 $320,000 1.7% $320,000 7.0% 23.1%

HIGHFIELDS 8 N/A N/A $507,000 11.9% 20.7%

HIGHFIELDS ^ 19 $521,000 3.2% $515,000 -0.9% 16.3%

KEARNEYS SPRING 27 $368,000 -5.6% $380,000 6.4% 23.6%

KINGSTHORPE 6 N/A N/A $310,000 4.4% 20.9%

KLEINTON 5 N/A N/A $493,000 2.7% N/A

MERINGANDAN WEST ^ 4 N/A N/A $391,000 N/A 28.0%

MIDDLE RIDGE 19 $515,000 7.5% $504,250 8.1% 13.3%

MOUNT LOFTY ~ 13 $436,000 -5.2% $436,000 12.2% 31.9%

NEWTOWN 39 $325,000 -2.6% $310,000 8.8% 21.3%

NORTH TOOWOOMBA ~ 22 $312,500 -8.1% $316,000 6.4% 23.4%

OAKEY ~ 11 $200,000 -20.9% $220,000 -0.2% 0.0%

PITTSWORTH 7 N/A N/A $280,000 1.8% 0.0%

RANGEVILLE 33 $470,000 6.8% $435,000 13.0% 19.3%

ROCKVILLE 13 $273,000 5.0% $280,000 2.3% 10.5%

SOUTH TOOWOOMBA ~ 29 $362,500 13.6% $332,750 6.5% 25.6%

TOOWOOMBA CITY ~ 13 $365,000 N/A $362,000 14.0% 39.5%

WESTBROOK ~ 12 $407,500 -12.5% $450,000 4.4% 16.3%

WILSONTON 17 $317,500 0.0% $315,000 3.6% 13.9%

WILSONTON HEIGHTS 8 N/A N/A $291,250 4.0% 17.9%

WYREEMA 10 $354,500 5.8% $341,500 14.1% 13.8%

GOONDIWINDI (LGA) 18 $230,000 0.0% $250,500 9.9% 1.8%

GOONDIWINDI ~ 12 $350,000 32.6% $275,000 1.9% -5.2%

SOUTHERN DOWNS (LGA) 65 $230,000 2.2% $231,000 -7.6% -3.8%

SOUTHERN DOWNS (LGA) ^ ~ 28 $320,000 -13.5% $330,500 1.7% 4.9%

STANTHORPE 22 $223,750 1.7% $225,000 -6.4% -8.2%

WARWICK 32 $238,750 0.7% $240,000 -6.6% -3.8%

WESTERN DOWNS (LGA) ~ 28 $225,000 -22.3% $260,000 -10.3% 0.0%

WESTERN DOWNS (LGA) ^ ~ 17 $330,000 N/A $350,000 -12.5% 6.1%

CHINCHILLA 4 N/A N/A $312,000 -10.9% 8.7%

DALBY ^ 6 N/A N/A $430,000 -1.1% 0.5%

DALBY ~ 14 $250,000 -10.7% $260,000 -1.9% -7.1%

TOOWOOMBA (LGA) * t 94 $280,000 -3.9% $298,000 8.4% 26.8%

CENTENARY HEIGHTS * t 5 N/A N/A $265,000 -17.8% N/A

EAST TOOWOOMBA * t 9 N/A N/A $356,000 48.3% 28.1%

HARRISTOWN 5 N/A N/A $229,250 -6.6% -7.4%

KEARNEYS SPRING 11 $301,000 -1.0% $296,750 4.1% 21.1%

NEWTOWN ~ 8 N/A N/A $277,000 15.7% 28.2%

RANGEVILLE 7 N/A N/A $345,000 7.1% 12.1%

SOUTH TOOWOOMBA * t 10 $341,800 N/A $310,000 7.1% 36.9%

TOOWOOMBA CITY 7 N/A N/A $255,000 -1.9% 24.4%

WILSONTON 3 N/A N/A $262,500 7.6% 11.7%

TOOWOOMBA REGIONAL $300 556 $300 588

4350 KEARNEYS SPRING $315 420 $310 451

4352 AMIENS $360 31 $340 18

4355 ANDURAMBA $270 13 $250 16

4356 PITTSWORTH $280 13 $270 14

4357 BRINGALILY $245 5 $240 6

4358 CAMBOOYA $300 5 N.A. 2

4361 BACK PLAINS $235 9 $230 14

4400 KINGSTHORPE $290 6 $290 6

4401 ACLAND $270 35 $270 38

4614 NEUMGNA $215 6 $220 5

GOONDIWINDI REGIONAL $290 35 $290 43

4390 BILLA BILLA $295 28 $290 33

SOUTHERN DOWNS REGIONAL $255 108 $250 147

4362 ALLORA $260 7 $265 8

4370 WARWICK $260 55 $250 94

4373 KILLARNEY $245 6 N.A. 3

4380 STANTHORPE $260 26 $240 31

WESTERN DOWNS REGIONAL $230 147 $300 141

4405 BLAXLAND $250 77 $290 74

4410 JANDOWAE $165 5 N.A. 3

4413 BAKING BOARD $200 42 $380 43

4415 MILES $220 16 $350 6


4350 KEARNEYS SPRING $255 374 $250 296

4352 AMIENS $264 9 $258 6

4401 ACLAND $215 9 N.A. 4

GOONDIWINDI REGIONAL $195 33 $200 34

4390 BILLA BILLA $195 32 $200 34

SOUTHERN DOWNS REGIONAL $205 34 $200 55

4370 WARWICK $215 24 $199 41

4380 STANTHORPE $205 9 $200 13

WESTERN DOWNS REGIONAL $190 50 $250 57

4405 BLAXLAND $200 23 $220 22

4413 BAKING BOARD $170 22 $320 25


4350 KEARNEYS SPRING $320 15 $320 14

SOUTHERN DOWNS REGIONAL N/A 6 N/A 6

4370 WARWICK $300 5 N.A. 4

WESTERN DOWNS REGIONAL $290 14 N/A 8

4413 BAKING BOARD $350 10 N.A. 4

21


JUNE QUARTER 2015

SUNSHINE COASTThe Sunshine Coast and Noosa continue to perform strongly, in line with trends throughout the rest of southeast Queensland.

Sales activity continues to push upwards with the unit market now following the house market showing healthy increases in median sale prices.

According to local agents buyer demand remained strong over the quarter with investor activity gathering momentum.

The development of the $2 billion University Hospital precinct continues to attract investors to the region, from both interstate and overseas. Meanwhile, more developments are commencing, which is boosting overall confidence.

HOUSE MARKET

Outside Greater Brisbane, Noosa was the top performing region in terms of increased sales activity over the quarter, up 12 per cent. While the Sunshine Coast recorded a slight easing of activity, down five per cent, overall activity continues to trend upwards.

Median house prices have largely been influenced by different segments of the market performing more strongly than others. Local agents say the executive and prestige end of the market are taking longer to sell.

Average days on market remains at 88 days for house sales, while average vendor discounting also remained steady at 5.9 per cent. Both market indicators are trending downwards compared to a year ago.

This coupled with an increase in house listings over the year (up six per cent), is evidence that the Sunshine Coast region is gathering momentum.

UNIT MARKET

The unit and townhouse markets on the Sunshine Coast have now picked up in activity, following the trends seen in the house market.

The Noosa region over the quarter and last 12 months looks to be outperforming the rest of the Sunshine Coast, however its unit market still has some way to go from the impact the GFC had on its investors.

The unit market is continuing to improve, with average days on market and average vendor discounting rates improved on a year ago for the Sunshine Coast region as a whole.

Unit listing numbers have increased by five per cent compared with a year ago, which local agents say is reflective of the growing confidence on the Sunshine Coast.

Over the June quarter the Noosa saw an increase of 9.2 per cent in its median unit sale price on the back of an increase in prestige unit sales, while the Sunshine Coast recorded a healthy increase of 3.4 per cent.

Buyer demand in the prestige end remains strong with the $500,000 plus and $1-million plus price ranges the only segments to record an increase in activity over the quarter.

RENTAL MARKET

While other tourism centres experienced easing vacancy rates, the Sunshine Coast vacancy rate dropped to 1.6 per cent at the end of June.

Tightening vacancies was most acute in the Maroochy coastal region, which was down 0.7 percentage points to 1.2 per cent. This is despite reports investor interest in the area has increased.

Noosa, on the other hand, increased its vacancy rate 2.2 per cent – its highest level in two years. According to local agents, this is a typical trend heading into the winter months.

According to RTA data, median weekly rents have remained steady, despite the tight rental conditions.

Demand for rental properties is set to continue as the region continues to gather momentum with multiple new developments both commercial and residential under way.

HOUSE PRICEPOINTS

1,079 1,276

540

19

1,194 1,412

628

18

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



54

532

667

119 55

557

698

119

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


MAR 15 JUN 15

157

47

11

163

43

8

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


MAR 15 JUN 15

158

245

85

2

153

213

90

3

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


MAR 15 JUN 15

227

70

13

211

71

14

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


MAR 15 JUN 15

44 47

19

48 52

14

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


MAR 15 JUN 15

200 166

51

227

156

46

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


MAR 15 JUN 15

77 83

40

75 63

21

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


MAR 15 JUN 15

133

72

22

146

57

26

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


MAR 15 JUN 15

129

753

1,840

247 114

740

1,997

318

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


MAR 15 JUN 15

239

196

70

215

163

56

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


MAR 15 JUN 15

62

443 445

55 70

431 427

58

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


MAR 15 JUN 15

UNIT PRICEPOINTS


55

342

811

468

4979

352

890

490

61

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


MAR 15 JUN 15

256237

13786

10

269 286

173

70

7

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




239

493431

202

32

195

542471

234

33

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


MAR 15 JUN 15

97

231 221

116

18

74

209 221

127

28

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


MAR 15 JUN 15

21

84 3

27

12

62

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


MAR 15 JUN 15

165

5031 18

1

206

5930 27

3

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


MAR 15 JUN 15

28

19

60

3228

93

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


MAR 15 JUN 15

7

4

2

0

89

3

1

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


MAR 15 JUN 15

54

41

18 16

1

34

24 21 18

1

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


MAR 15 JUN 15

19

13

3 3

13

7 64

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


MAR 15 JUN 15

23

11 10

4

12

68

3

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


MAR 15 JUN 15

36

52

14

4

31

44

14

4

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


MAR 15 JUN 15

LAND PRICEPOINTS

18

47

35

23

3438 36 33

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


MAR 15 JUN 15

339

8129 3

449

10044

8

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



73

179 8

98

38

617

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


MAR 15 JUN 15

52

2614 15

70

36

21

7

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


MAR 15 JUN 15

48

0 0

36

1 1

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


MAR 15 JUN 15

64

6 2

81

124

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


MAR 15 JUN 15

50

2 1

53

51

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


MAR 15 JUN 15

15

02

22

2 1

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


MAR 15 JUN 15

30

1 0

15

4 4

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


MAR 15 JUN 15

43

1 1

53

1 0

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


MAR 15 JUN 15

34

4 2

46

2 0

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


MAR 15 JUN 15

43

1 1

46

2 3

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


MAR 15 JUN 15



SUNSHINE BEACH 11 $950,000 -3.3% $1,095,000 -0.5% -8.8%

TEWANTIN 47 $437,000 -6.0% $452,000 6.4% 1.1%




MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE


SUNSHINE COAST (SD) 1,028 $495,000 -0.7% $490,000 0.0% 3.6%

SUNSHINE COAST (SD) ^ 234 $600,000 0.0% $585,000 6.4% 2.6%

SUNSHINE COAST (LGA) 865 $490,000 0.2% $485,000 5.4% 4.3%

SUNSHINE COAST (LGA) ^ 156 $600,000 0.0% $589,000 6.4% 2.4%

ALEXANDRA HEADLAND 10 $619,500 N/A $737,500 6.5% 3.1%

AROONA 11 $530,000 16.7% $458,000 5.9% 5.3%

BATTERY HILL ~ 11 $417,500 -16.5% $435,000 1.4% 6.1%

BEERWAH 23 $398,000 1.5% $392,250 3.6% -4.3%

BLI BLI 27 $442,000 2.2% $430,000 0.0% 6.3%

BUDDINA ~ 16 $595,000 -13.8% $592,500 10.7% -2.1%

BUDERIM 117 $535,250 -4.4% $545,000 3.8% 1.0%

BUDERIM ^ 12 $957,500 N/A $910,000 11.0% 1.8%

BURNSIDE 8 N/A N/A $394,500 6.6% -0.1%

CALOUNDRA 3 N/A N/A $432,000 N/A N/A

CALOUNDRA WEST 39 $442,000 3.0% $430,000 4.4% 0.5%

COES CREEK 6 N/A N/A $353,500 -3.8% -7.0%

COOLUM BEACH 30 $520,000 0.7% $510,000 6.3% 2.3%

CURRIMUNDI 25 $456,000 0.9% $452,000 4.1% 5.2%

DICKY BEACH ~ 11 $850,000 N/A $702,000 22.2% N/A

EUMUNDI ^ 10 $698,000 N/A $661,000 15.0% N/A

GLASS HOUSE MOUNTAINS 15 $405,000 N/A $415,000 5.1% -5.5%

GLASS HOUSE MOUNTAINS ^ 9 N/A N/A $487,000 16.0% 0.7%

GOLDEN BEACH 27 $465,250 3.4% $460,500 5.9% 0.3%

KULUIN 9 N/A N/A $399,500 -2.1% -2.0%

LANDSBOROUGH 3 N/A N/A $360,000 3.6% -2.7%

LANDSBOROUGH ^ 6 N/A N/A $547,000 9.4% N/A

LITTLE MOUNTAIN 28 $495,000 -2.9% $495,000 7.4% 5.3%

MALENY 12 $422,500 N/A $423,500 0.6% -10.8%

MALENY ^ 5 N/A N/A $595,000 2.1% N/A

MARCOOLA 14 $530,500 N/A $500,000 7.9% 1.0%

MAROOCHYDORE 31 $520,000 -4.6% $497,000 7.5% 5.7%

MERIDAN PLAINS 10 $399,900 N/A $450,000 -2.7% 3.4%

MINYAMA ~ f 12 $932,500 44.2% $757,500 9.8% -22.7%

MOFFAT BEACH ~ 11 $561,000 -13.0% $590,000 0.9% 13.5%

MOOLOOLABA 16 $660,000 -4.3% $672,500 15.5% 10.2%

MOOLOOLAH VALLEY ^ 8 N/A N/A $553,500 14.8% 15.6%

MOUNT COOLUM 10 $471,500 4.8% $490,000 5.9% 5.4%

MOUNTAIN CREEK 40 $562,000 4.1% $536,000 7.2% 9.4%

MUDJIMBA 5 N/A N/A $560,000 8.7% 0.2%

NAMBOUR 44 $353,500 1.7% $342,250 5.3% -2.2%

NINDERRY ^ 3 N/A N/A $607,500 N/A N/A

PACIFIC PARADISE 5 N/A N/A $400,000 4.6% 7.1%

PALMWOODS ~ 21 $400,500 -13.7% $437,500 6.7% 0.6%

PARREARRA 18 $616,500 11.1% $562,500 4.2% 3.2%

PELICAN WATERS 31 $675,000 8.9% $660,000 9.1% 6.5%

PEREGIAN SPRINGS 25 $535,000 -1.6% $550,000 -2.8% 4.6%

SIPPY DOWNS 28 $455,000 5.2% $445,000 6.0% 1.5%

TWIN WATERS 13 $715,000 0.7% $700,000 5.9% 5.9%

WARANA 14 $540,000 N/A $530,000 6.6% 8.9%

WOOMBYE 10 $493,500 N/A $408,500 4.7% -0.4%

WURTULLA ~ 20 $563,500 19.9% $492,500 12.4% 5.9%

YANDINA 5 N/A N/A $375,000 5.6% 0.8%

YAROOMBA 4 N/A N/A $555,000 1.6% 0.9%

NOOSA (LGA) ~ f 163 $540,000 -4.4% $559,000 6.6% 1.6%

NOOSA (LGA) ^ 78 $620,000 4.2% $575,000 8.3% 2.7%

COORAN ^ 5 N/A N/A $415,000 N/A N/A

COOROIBAH ^ 6 N/A N/A $612,500 13.4% N/A

COOROY 7 N/A N/A $430,000 8.9% -3.4%

DOONAN ^ ~ 25 $713,750 11.3% $650,000 4.0% -3.0%

LAKE MACDONALD ^ ~ 6 N/A N/A $640,000 30.6% 45.5%

NOOSA HEADS ~ 19 $695,000 -26.8% $699,000 4.7% 7.5%

NOOSAVILLE 27 $715,000 -5.6% $760,000 12.6% 1.2%

PEREGIAN BEACH ~ 17 $761,000 12.0% $690,000 14.5% 11.3%

POMONA 8 N/A N/A $370,000 N/A N/A

POMONA ^ 5 N/A N/A $505,000 7.1% -4.7%

SUNRISE BEACH 8 N/A N/A $597,500 -3.2% 3.8%

SUNSHINE COAST (SD) 677 $370,000 4.2% $360,000 2.9% -5.3%

SUNSHINE COAST (LGA) 548 $360,000 3.4% $355,000 3.5% -4.7%

ALEXANDRA HEADLAND ~ f 30 $395,000 16.2% $339,500 4.5% 0.6%

BATTERY HILL 9 N/A N/A $255,000 N/A N/A

BIRTINYA 13 $418,750 N/A $445,000 15.6% N/A

BUDDINA 8 N/A N/A $425,000 16.0% 1.2%

BUDERIM 34 $372,500 -5.7% $365,000 -5.3% -6.4%

CALOUNDRA 36 $387,500 9.2% $390,000 13.9% -5.8%

COOLUM BEACH 18 $347,500 1.2% $357,500 2.1% -2.1%

CURRIMUNDI 10 $359,250 N/A $359,000 4.1% -1.8%

GOLDEN BEACH 21 $410,000 10.1% $350,000 -0.7% -2.8%

KINGS BEACH 33 $395,000 7.5% $380,000 15.3% -13.8%

LITTLE MOUNTAIN 5 N/A N/A $354,000 N/A N/A

MARCOOLA 11 $335,000 -6.7% $330,000 -0.4% -16.5%

MAROOCHYDORE 88 $350,000 -2.3% $360,000 1.4% -4.0%

MINYAMA 9 N/A N/A $305,000 7.0% -1.9%

MOFFAT BEACH 3 N/A N/A $487,500 N/A N/A

MOOLOOLABA 60 $335,000 1.7% $362,000 3.7% -4.7%

MOUNT COOLUM * 16 $305,000 -12.7% $350,000 32.1% -0.7%

MOUNTAIN CREEK 10 $355,250 N/A $367,250 2.6% 11.7%

NAMBOUR ~ t 18 $227,500 -14.1% $245,000 15.0% -17.4%

PARREARRA 12 $402,500 -11.5% $405,000 -1.8% -25.0%

TWIN WATERS 11 $488,250 -6.1% $470,000 -1.5% -16.1%

WARANA 5 N/A N/A $320,000 N/A -1.5%

WURTULLA 6 N/A N/A $371,500 N/A N/A

YAROOMBA 2 N/A N/A $410,000 N/A N/A

NOOSA (LGA) ~ f 129 $420,500 9.2% $395,000 5.3% -14.1%

NOOSA HEADS ~ f 40 $585,000 22.5% $535,000 15.1% -5.7%

NOOSAVILLE 32 $399,000 6.8% $371,000 6.0% -4.9%

PEREGIAN BEACH 6 N/A N/A $365,500 -2.1% -19.7%

SUNRISE BEACH 8 N/A N/A $340,000 1.5% -9.3%

SUNSHINE BEACH ~ f 16 $620,000 27.6% $564,500 10.3% 7.5%

TEWANTIN 13 $280,000 -8.2% $282,000 -9.0% -6.0%

SUNSHINE COAST (SD) 134 $247,500 -1.0% $245,000 4.3% -2.0%

SUNSHINE COAST (SD) ^ ~ 35 $305,000 8.0% $305,000 3.4% -0.5%

SUNSHINE COAST (LGA) 125 $245,500 2.5% $241,250 4.2% -3.3%

SUNSHINE COAST (LGA) ^ ~ 31 $305,000 7.0% $305,000 4.3% -1.3%

BEERWAH 7 N/A N/A $208,500 N/A 10.8%

BLI BLI 3 N/A N/A $245,500 4.5% 0.2%

CALOUNDRA WEST * 27 $191,000 N/A $212,000 16.5% N/A

FOREST GLEN 6 N/A N/A $249,000 N/A N/A

GLASS HOUSE MOUNTAINS 5 N/A N/A $195,000 N/A N/A

LITTLE MOUNTAIN 2 N/A N/A $241,000 4.8% -3.6%

MALENY 5 N/A N/A $233,750 N/A 4.1%

MAROOCHYDORE * 2 N/A N/A $255,625 29.8% 26.2%

MERIDAN PLAINS * 10 $217,450 N/A $219,900 N/A -0.5%

MOUNTAIN CREEK 9 N/A N/A $267,000 7.2% 6.4%

NAMBOUR 8 N/A N/A $175,950 N/A N/A

PALMVIEW ^ * 13 $305,000 N/A $307,500 N/A N/A

PELICAN WATERS * f 13 $261,000 N/A $267,000 -28.8% -20.3%

NOOSA (LGA) * f 9 N/A N/A $337,500 25.9% 14.8%

NOOSA (LGA) ^ 4 N/A N/A N/A N/A N/A

NOOSAVILLE * f 2 N/A N/A $382,750 41.2% 19.6%

23


JUNE QUARTER 2015






SUNSHINE COAST REGIONAL $420 735 $400 743

4518 GLASS HOUSE MOUNTAINS $350 13 $340 9

4519 BEERWAH $350 12 $350 19

4550 LANDSBOROUGH $340 12 $380 11

4551 CALOUNDRA $410 153 $400 136

4552 MALENY $370 27 $375 17

4553 PALMVIEW $360 7 $350 16

4555 PALMWOODS $395 10 $360 11

4556 BUDERIM $440 88 $430 81

4557 MOOLOOLABA $460 45 $445 51

4558 MAROOCHYDORE $410 42 $400 53

4559 WOOMBYE $350 6 $375 13

4560 NAMBOUR $380 71 $370 97

4561 YANDINA $400 15 $380 13

4562 BELLI PARK $410 19 $420 9

4564 MARCOOLA $450 26 $405 26

4572 ALEXANDRA HEADLAND $420 9 N.A. 4

4573 COOLUM BEACH $430 78 $430 85

4574 COOLABINE $300 5 N.A. 3

4575 BIRTINYA $430 95 $420 85

NOOSA SHIRE $440 116 $400 146

4565 TEWANTIN $425 37 $390 46

4566 NOOSAVILLE $500 14 $430 10

4567 NOOSA HEADS $510 26 $500 45

4563 COOROY $420 14 $390 18

4568 FEDERAL $400 16 $370 13

4569 COORAN $300 6 $290 9


4551 CALOUNDRA $330 163 $315 148

4556 BUDERIM $330 67 $330 28

4557 MOOLOOLABA $330 93 $320 102

4558 MAROOCHYDORE $350 149 $340 153

4559 WOOMBYE $290 8 $280 7

4560 NAMBOUR $260 32 $245 39

4564 MARCOOLA $350 56 $350 51

4572 ALEXANDRA HEADLAND $350 47 $380 54

4573 COOLUM BEACH $350 57 $330 71

4575 BIRTINYA $410 78 $395 71

NOOSA SHIRE $365 109 $360 85

4565 TEWANTIN $320 10 $300 9

4566 NOOSAVILLE $360 38 $320 21

4567 NOOSA HEADS $375 56 $380 52

4563 COOROY $290 5 N.A. 1


4519 BEERWAH $300 11 N.A. 4

4551 CALOUNDRA $390 25 $350 15

4556 BUDERIM $400 47 $390 24

4557 MOOLOOLABA $420 37 $355 55

4558 MAROOCHYDORE $380 27 $340 16

4560 NAMBOUR $360 11 $360 11

4564 MARCOOLA $395 16 $385 14

4573 COOLUM BEACH $435 24 $395 18

4575 BIRTINYA $445 8 $460 8

NOOSA SHIRE $475 18 $460 23

4566 NOOSAVILLE $460 9 $475 11

4567 NOOSA HEADS $550 6 $460 10

FRASER COASTThe Fraser Coast residential property market is on the improve, according to the latest June quarter figures. Local agents are also reporting improving confidence amongst home buyers and sellers.

As a result, more vendors are recognising the good selling conditions, with more listings coming onto the market. Other market indicators remain relatively stable, indicating that the movement in sales activity is just the beginning of the region’s recovery.

First-home buyers and upgraders are said to be making the move, while investors are said to still be in low numbers but are starting to show more interest.

With Queensland’s tourism industry improving in general on the back of the weak Australian dollar, local agents are becoming more aware of the need to be more responsive to visitors to the region who may become potential buyers.

Local council is also reportedly looking at new tourism initiatives in a bid to offer visitors a larger variety of activities. This will also hopefully help place the Fraser Coast region to become an attractive place to invest and live.

The outlook for the region is very positive with local agents saying that there is a definite feeling that the market is gaining momentum.

HOUSE MARKET

Over the quarter house sales activity was down 11 per cent, however the long-term trend remains in positive territory, with sales for the year up six per cent.

Local agents say that the mood on the ground remains very positive and with increased buyer enquiry levels since the end of June, this drop was merely a brief pause in the market.

Upper end sales according to price point data were up over the quarter, pushing the region’s overall median house price up 4.9 per cent.

The region’s stable median house price, compared with a year ago, is further evidence that the region is still in recovery mode. The Fraser Coast is also the only tourism centre in Queensland to record a drop in its annual median compared to five years ago.

HOUSE PRICEPOINTS

1,079 1,276

540

19

1,194 1,412

628

18

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



54

532

667

119 55

557

698

119

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


MAR 15 JUN 15

157

47

11

163

43

8

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


MAR 15 JUN 15

158

245

85

2

153

213

90

3

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


MAR 15 JUN 15

227

70

13

211

71

14

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


MAR 15 JUN 15

44 47

19

48 52

14

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


MAR 15 JUN 15

200 166

51

227

156

46

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


MAR 15 JUN 15

77 83

40

75 63

21

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


MAR 15 JUN 15

133

72

22

146

57

26

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


MAR 15 JUN 15

129

753

1,840

247 114

740

1,997

318

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


MAR 15 JUN 15

239

196

70

215

163

56

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


MAR 15 JUN 15

62

443 445

55 70

431 427

58

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


MAR 15 JUN 15



FRASER COAST CONTINUED

UNIT PRICEPOINTS


55

342

811

468

4979

352

890

490

61

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


MAR 15 JUN 15

256237

13786

10

269 286

173

70

7

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




239

493431

202

32

195

542471

234

33

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


MAR 15 JUN 15

97

231 221

116

18

74

209 221

127

28

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


MAR 15 JUN 15

21

84 3

27

12

62

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


MAR 15 JUN 15

165

5031 18

1

206

5930 27

3

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


MAR 15 JUN 15

28

19

60

3228

93

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


MAR 15 JUN 15

7

4

2

0

89

3

1

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


MAR 15 JUN 15

54

41

18 16

1

34

24 21 18

1

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


MAR 15 JUN 15

19

13

3 3

13

7 64

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


MAR 15 JUN 15

23

11 10

4

12

68

3

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


MAR 15 JUN 15

36

52

14

4

31

44

14

4

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


MAR 15 JUN 15

LAND PRICEPOINTS

18

47

35

23

3438 36 33

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


MAR 15 JUN 15

339

8129 3

449

10044

8

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



73

179 8

98

38

617

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


MAR 15 JUN 15

52

2614 15

70

36

21

7

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


MAR 15 JUN 15

48

0 0

36

1 1

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


MAR 15 JUN 15

64

6 2

81

124

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


MAR 15 JUN 15

50

2 1

53

51

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


MAR 15 JUN 15

15

02

22

2 1

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


MAR 15 JUN 15

30

1 0

15

4 4

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


MAR 15 JUN 15

43

1 1

53

1 0

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


MAR 15 JUN 15

34

4 2

46

2 0

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


MAR 15 JUN 15

43

1 1

46

2 3

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


MAR 15 JUN 15



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE

SALES MARKET - UNITS & TOWNHOUSESFRASER COAST (LGA) ~ f 75 $257,000 6.2% $258,500 1.4% -7.3%

PIALBA ~ 9 N/A N/A $255,000 -18.4% -19.6%

SCARNESS 13 $265,000 N/A $260,000 0.0% 4.0%

TORQUAY 8 N/A N/A $212,250 -0.6% -14.2%

URANGAN f 34 $266,250 8.2% $275,000 5.8% -16.7%

GYMPIE (LGA) 13 N/A N/A $257,500 -2.8% N/A

On-the-market indicators are also holding stubbornly steady, however, they are beginning to show small signs of improvement.

UNIT MARKET

Over the June quarter, the Fraser Coast’s unit and townhouse market took no pause in activity, with preliminary sales numbers up an extra 17 sales on the previous quarter.

While unit sales are still well below the highs recorded at the last peak in the market, in 2007 numbers are tracking at levels not seen for more than five years.

All price points recorded an increase in activity over the quarter, with the $250,000 to $350,000 bracket recording the highest increase. This along with an increase in prestige unit sales saw the region record an increase of 6.2 per cent in its median unit sale price.

Compared to a year ago, average days on market for unit sales have improved significantly, down 22 days – the best improvement of all major centres in Queensland unit markets.

Average vendor discounting also recorded the highest state-wide improvement, down 1.4 percentage points to six per cent.

RENTAL MARKET

The Fraser Coast’s overall rental market remains in weak conditions with Maryborough recording 4.6 per cent. Hervey Bay on the other hand remains in healthy territory, despite levels easing to 2.8 per cent at the end of June.

According to local agents, investor activity has picked up somewhat in Maryborough, with good rental returns said to be a key draw card.

Despite the weak market conditions, rental listings are only spending on average two to four weeks on the market with two to five applicants per listing.

Latest figures from the RTA show median rents have remained relatively steady compared to a year ago, with three-bedroom houses up $5 to $285 and three-bedroom townhouses up $10 to $320 per week.

FRASER COAST (LGA) ~ 299 $299,500 4.9% $295,000 0.0% -4.2%

FRASER COAST (LGA) ^ 71 $369,000 1.1% $365,000 0.0% -5.2%

BOORAL ^ 9 N/A N/A $355,000 -4.6% N/A

BURRUM HEADS 6 N/A N/A $381,250 2.3% -8.1%

DUNDOWRAN BEACH ^ 5 N/A N/A $510,000 N/A N/A

ELI WATERS ~ 18 $345,000 10.4% $330,000 2.6% 1.5%

GLENWOOD ^ 11 $170,000 N/A $175,000 N/A -22.9%

KAWUNGAN 29 $340,000 3.0% $332,000 2.2% 1.1%

MARYBOROUGH 50 $198,000 -2.7% $203,750 1.9% -13.3%

PIALBA ~ 14 $259,500 N/A $268,000 -13.5% -6.0%

POINT VERNON ~ 26 $337,500 14.4% $295,000 -2.0% -6.6%

RIVER HEADS 7 N/A N/A $285,000 -3.4% N/A

SCARNESS 10 $275,000 1.5% $275,000 0.0% -9.8%

TINANA 11 $250,000 N/A $257,000 -8.2% -13.5%

TOOGOOM 7 N/A N/A $303,414 4.8% -6.6%

TORQUAY 18 $289,000 2.3% $297,500 -7.0% -6.4%

URANGAN 32 $300,000 -3.2% $310,000 1.5% -3.1%

URRAWEEN 25 $357,000 2.6% $348,000 4.9% 2.7%

WONDUNNA 3 N/A N/A $425,000 0.3% -8.6%

GYMPIE (LGA) 98 $270,000 -1.4% $262,750 1.1% -9.4%

GYMPIE (LGA) ^ ~ 79 $375,000 14.7% $330,000 0.9% -9.3%

COOLOOLA COVE 9 N/A N/A $278,000 8.4% -8.9%

CURRA ^ 6 N/A N/A $260,000 -1.9% -13.6%

GYMPIE 38 $228,750 -5.1% $240,000 4.3% -9.9%

KANDANGA ^ 1 N/A N/A $320,000 N/A N/A

RAINBOW BEACH 4 N/A N/A $382,500 N/A N/A

SOUTHSIDE 22 $319,500 N/A $320,000 1.3% -5.9%

TIN CAN BAY 8 N/A N/A $290,000 -9.4% -7.1%

SOUTH BURNETT (LGA) ^ ~ 34 $232,500 -15.5% $255,500 -3.6% -11.0%

SOUTH BURNETT (LGA) ~ 57 $192,500 16.7% $195,000 -2.3% -17.4%

KINGAROY 31 $230,000 -6.3% $232,500 0.0% -12.3%

KINGAROY ^ 7 N/A N/A $350,000 N/A -18.1%

MURGON 4 N/A N/A $140,000 3.7% -9.7%

NANANGO 9 N/A N/A $176,000 0.6% -21.8%

25


JUNE QUARTER 2015

FRASER COAST (LGA) ~ 59 $165,000 17.9% $150,000 3.6% -3.2%

FRASER COAST (LGA) ^ ~ 20 $83,500 7.7% $102,000 14.0% 4.1%

BURRUM HEADS ~ 3 N/A N/A $102,500 N/A -32.5%

GLENWOOD ^ ~ 10 $66,500 N/A $65,000 -7.1% -18.8%

TOOGOOM ~ 6 N/A N/A $110,000 15.8% -25.2%

WONDUNNA 6 N/A N/A $161,500 7.0% -5.6%

GYMPIE (LGA) 23 $117,000 -4.5% $115,000 0.0% -8.0%

GYMPIE (LGA) ^ 24 $115,000 -5.7% $120,000 1.7% -10.1%

GYMPIE * 7 N/A N/A $115,000 -9.8% -3.4%

FRASER COAST REGIONAL $235 160 $240 163

4650 ALDERSHOT $190 54 $180 39

4655 BOORAL $250 104 $250 122

GYMPIE REGIONAL $220 47 $208 56

4570 AMAMOOR $210 28 $200 43

4580 COOLOOLA $220 8 $240 7

4581 EURONG $260 10 $220 6

SOUTH BURNETT REGIONAL $190 46 $190 48

4610 ALICE CREEK $195 36 $200 34


BUNDABERG



RENTAL MARKET - 3 BED HOUSES (CONT'D)POST JUN-15 JUN-14



4650 ALDERSHOT $260 131 $260 128

4655 BOORAL $300 194 $290 176

4659 BEELBI CREEK $250 20 $270 26

GYMPIE REGIONAL $260 167 $260 185

4570 AMAMOOR $260 126 $260 143

4580 COOLOOLA $270 27 $270 30

4601 BARAMBAH $199 7 $190 5


4655 BOORAL $320 39 $310 31

GYMPIE REGIONAL $275 10 N/A 6

4570 AMAMOOR $275 8 $270 5

The optimism surrounding Bundaberg at the start of the year is yet to convert into compelling improvement in market conditions, according to the latest June quarter figures.

Sales activity is beginning to show signs of a recovery, however the trend in average days on market and average vendor discounting has failed to improve significantly.

According to local agents, Bundaberg has certainly levelled off and with the new commercial projects coming online, the rest of 2015 looks promising.

Overall confidence continues to improve with new employment opportunities set to come out of these new commercial developments. Meanwhile town planning initiatives from council allowing small subdivisions has reportedly resulted in some speculative buying of older homes on large blocks.

The strengthening cattle price is also improving confidence in the rural sector, which local agents believe will flow onto the rest of the market.

With the most affordable median house price and median rents of the major regional centres, Bundaberg will likely continue to attract new residents and investors.

HOUSE MARKET

Over the June quarter, house sales activity remained relatively stable, down marginally by one per cent compared with the previous quarter.

Following an increase in its median house price over the first quarter this year, Bundaberg’s median dropped back 2.4 per cent over the June quarter to $276,250. Local agents believe Bundaberg’s affordability will boost its attractiveness to owner occupiers and investors.

As pointed out in the March quarter report, the trend in average days on market and average vendor discounting rate is still looking to find level ground. House listing numbers, however, have held steady over the year indicating there is a relatively even balance between supply and demand.

The lower end of the market is said to be the most active with investor activity picking up according to local agents. Large blocks that meet the council’s new subdivision guidelines are being snapped up by speculative developers, particularly those located within the better suburbs.

UNIT MARKET

Unlike the house market, Bundaberg’s unit and townhouse market increased in activity over the June quarter, up an extra 12 sales on the previous quarter.

According to local agents, investors are once again looking with interest at the Bundaberg property market. They are said to be targeting the affordable end of the market, which is likely behind the drop in the region’s overall median unit sale price over the quarter.

Unit sales in the sub-$250,000 price point were up over the quarter, with the median sales price dropping 8.4 per cent to $212,000.

Listing numbers have held relatively steady over the year, with average days on market stretching out to 150 days and average vendor discounting up to 8.9 per cent.


SOUTH BURNETT REGIONAL $240 150 $230 136

4605 BARLIL $220 33 $200 17

4606 CHARLESTOWN $210 16 $215 13

4608 CHARLESTOWN $210 8 N.A. 3

4610 ALICE CREEK $250 63 $250 59

4615 BARKER CREEK FLAT $235 26 $215 39



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



BUNDABERG REGIONAL $285 337 $285 355

4660 ABINGTON $280 25 $265 25

4670 ABBOTSFORD $285 295 $285 307

4671 BOOLBOONDA $250 16 $250 23

NORTH BURNETT REGIONAL $235 43 $210 38

4625 ARANBANGA $250 17 $260 13

4626 BEERON $240 13 $280 8

4630 BANCROFT $180 10 $160 9

UNIT PRICEPOINTS


55

342

811

468

4979

352

890

490

61

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


MAR 15 JUN 15

256237

13786

10

269 286

173

70

7

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




239

493431

202

32

195

542471

234

33

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


MAR 15 JUN 15

97

231 221

116

18

74

209 221

127

28

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


MAR 15 JUN 15

21

84 3

27

12

62

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


MAR 15 JUN 15

165

5031 18

1

206

5930 27

3

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


MAR 15 JUN 15

28

19

60

3228

93

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


MAR 15 JUN 15

7

4

2

0

89

3

1

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


MAR 15 JUN 15

54

41

18 16

1

34

24 21 18

1

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


MAR 15 JUN 15

19

13

3 3

13

7 64

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


MAR 15 JUN 15

23

11 10

4

12

68

3

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


MAR 15 JUN 15

36

52

14

4

31

44

14

4

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


MAR 15 JUN 15

LAND PRICEPOINTS

18

47

35

23

3438 36 33

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


MAR 15 JUN 15

339

8129 3

449

10044

8

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



73

179 8

98

38

617

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


MAR 15 JUN 15

52

2614 15

70

36

21

7

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


MAR 15 JUN 15

48

0 0

36

1 1

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


MAR 15 JUN 15

64

6 2

81

124

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


MAR 15 JUN 15

50

2 1

53

51

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


MAR 15 JUN 15

15

02

22

2 1

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


MAR 15 JUN 15

30

1 0

15

4 4

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


MAR 15 JUN 15

43

1 1

53

1 0

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


MAR 15 JUN 15

34

4 2

46

2 0

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


MAR 15 JUN 15

43

1 1

46

2 3

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


MAR 15 JUN 15







MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE




4670 ABBOTSFORD $225 185 $225 158

NORTH BURNETT REGIONAL N/A 9 N/A 6

4626 BEERON $200 5 N.A. 2

BUNDABERG (LGA) 217 $276,250 -2.4% $279,500 -0.2% -0.9%

BUNDABERG (LGA) ^ ~ 54 $340,000 6.3% $350,000 0.0% 2.9%

AVENELL HEIGHTS 12 $280,000 6.7% $266,000 -5.4% -4.8%

AVOCA ~ 18 $289,500 -12.3% $303,500 -2.1% -5.2%

BARGARA 27 $385,000 -4.9% $380,000 2.7% 1.3%

BRANYAN ^ 12 $347,000 N/A $382,500 -0.6% 9.3%

BUNDABERG EAST 8 N/A N/A $250,000 -7.4% -11.5%

BUNDABERG NORTH 9 N/A N/A $229,000 17.4% -8.4%

BUNDABERG SOUTH 15 $223,000 N/A $235,000 14.1% -9.6%

BUNDABERG WEST 2 N/A N/A $266,000 N/A 7.3%

BURNETT HEADS 5 N/A N/A $305,000 9.9% 10.9%

CHILDERS 5 N/A N/A $215,000 N/A -15.4%

CORAL COVE 8 N/A N/A $407,250 N/A N/A

INNES PARK 5 N/A N/A $366,000 10.9% 2.8%

KALKIE 3 N/A N/A $315,000 -7.4% -14.2%

KEPNOCK 23 $250,000 -0.7% $268,500 1.3% -4.1%

MILLBANK 10 $246,000 N/A $240,000 -8.6% -5.9%

NORVILLE 11 $215,000 N/A $222,000 -5.5% -6.9%

SVENSSON HEIGHTS 13 $252,000 -5.4% $257,343 0.1% -2.9%

THABEBAN 12 $271,500 N/A $262,500 -6.3% -5.6%

WALKERVALE 12 $224,925 -3.5% $235,000 0.0% -1.7%

WOODGATE 4 N/A N/A $435,000 N/A 3.6%

NORTH BURNETT (LGA) 10 N/A N/A $155,750 7.4% -2.7%

BUNDABERG (LGA) ~ 48 $212,000 -8.4% $247,500 -1.0% -6.6%

AVENELL HEIGHTS 6 N/A N/A $245,000 N/A 1.7%

BARGARA 14 $311,250 -2.0% $350,000 12.9% 2.2%

BUNDABERG (LGA) 38 $142,000 -2.1% $144,000 0.0% 6.7%

BUNDABERG (LGA) ^ 8 N/A N/A $145,000 3.9% 7.4%

BARGARA 3 N/A N/A $166,500 -2.1% 4.1%

BRANYAN 3 N/A N/A $138,000 N/A N/A

INNES PARK 2 N/A N/A $134,000 14.0% N/A

KALKIE * 2 N/A N/A $159,000 N/A 22.3%

MOORE PARK BEACH 4 N/A N/A $144,000 0.0% N/A


4670 ABBOTSFORD $290 13 $300 10

RENTAL MARKET

Bundaberg’s rental market is still finding its feet with the vacancy rate at the end of June up 0.5 percentage points to 4.6 per cent.

The outlook however remains positive according to local agents. Tenant demand is said to be slowly strengthening with new developments in the area likely to give a boost to local employment opportunities.

With steady median rents, the region’s gross yield for units of 5.5 per cent is the highest for regional Queensland, outside of the tourist centres.

HOUSE PRICEPOINTS

1,079 1,276

540

19

1,194 1,412

628

18

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



54

532

667

119 55

557

698

119

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


MAR 15 JUN 15

157

47

11

163

43

8

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


MAR 15 JUN 15

158

245

85

2

153

213

90

3

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


MAR 15 JUN 15

227

70

13

211

71

14

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


MAR 15 JUN 15

44 47

19

48 52

14

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


MAR 15 JUN 15

200 166

51

227

156

46

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


MAR 15 JUN 15

77 83

40

75 63

21

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


MAR 15 JUN 15

133

72

22

146

57

26

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


MAR 15 JUN 15

129

753

1,840

247 114

740

1,997

318

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


MAR 15 JUN 15

239

196

70

215

163

56

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


MAR 15 JUN 15

62

443 445

55 70

431 427

58

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


MAR 15 JUN 15

BUNDABERG CONTINUED

...with the new commercial projects coming online, the rest of 2015 looks promising.

27


JUNE QUARTER 2015

GLADSTONE

HOUSE PRICEPOINTS

1,079 1,276

540

19

1,194 1,412

628

18

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



54

532

667

119 55

557

698

119

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


MAR 15 JUN 15

157

47

11

163

43

8

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


MAR 15 JUN 15

158

245

85

2

153

213

90

3

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


MAR 15 JUN 15

227

70

13

211

71

14

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


MAR 15 JUN 15

44 47

19

48 52

14

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


MAR 15 JUN 15

200 166

51

227

156

46

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


MAR 15 JUN 15

77 83

40

75 63

21

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


MAR 15 JUN 15

133

72

22

146

57

26

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


MAR 15 JUN 15

129

753

1,840

247 114

740

1,997

318

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


MAR 15 JUN 15

239

196

70

215

163

56

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


MAR 15 JUN 15

62

443 445

55 70

431 427

58

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


MAR 15 JUN 15

UNIT PRICEPOINTS


55

342

811

468

4979

352

890

490

61

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


MAR 15 JUN 15

256237

13786

10

269 286

173

70

7

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




239

493431

202

32

195

542471

234

33

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


MAR 15 JUN 15

97

231 221

116

18

74

209 221

127

28

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


MAR 15 JUN 15

21

84 3

27

12

62

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


MAR 15 JUN 15

165

5031 18

1

206

5930 27

3

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


MAR 15 JUN 15

28

19

60

3228

93

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


MAR 15 JUN 15

7

4

2

0

89

3

1

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


MAR 15 JUN 15

54

41

18 16

1

34

24 21 18

1

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


MAR 15 JUN 15

19

13

3 3

13

7 64

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


MAR 15 JUN 15

23

11 10

4

12

68

3

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


MAR 15 JUN 15

36

52

14

4

31

44

14

4

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


MAR 15 JUN 15

There are some small signs to indicate that the bottom of the market has been met, including continued stable conditions and improved sales turnover.

With softened property prices and low interest rates, first home buyers are becoming more active, encouraged by family to take advantage of the great buying opportunities in Gladstone.

Although market indicators point to improving conditions, local agents expect it will still be a few years before Gladstone’s residential property market enters the recovery phase.

The downturn of the mining industry has had a significant impact on the rental market with the full effects of ex-mining company owned properties still yet to be seen.

The level of investor activity also remains at record lows – creating an imbalance in the marketplace. Where investors reportedly once made up 60 per cent of the market, they are now next to none.

On the upside, local owner occupiers are recognizing the value for money in current property prices with many viewing the market as a very good time to buy.

The outlook for the region is ultimately one of continued stable conditions with slowly improved confidence amongst local residents.

HOUSE MARKET

Over the June quarter, the Gladstone house market sales activity increased five per cent with its median house price holding relatively steady.

According to local agents property prices have softened, with houses once selling in the low-$400,000s now selling for high-$300,000s. This is anecdotal evidence is supported by the price point data which reveals an increased proportion of sales occurring in the sub-$350,000 price range.

An additional indicator that suggests the bottom has been met is the small improvement in average days on market, now at 106 days, compared to 117 a year ago. Average vendor discounting has also improved for the first time down 0.5 percentage points to 9.3 per cent over the same period.

Local agents are cautiously optimistic about the market at present, knowing that there is still some time before the market picks up again. However, they are confident that the bottom has been met and many buyers are beginning to take advantage of it.

UNIT MARKET

Gladstone’s unit and townhouse market has also signaled that the bottom has been met with a small improvement in sales activity over the June quarter. The region also posted a 5.9 percent increase in its median sale price to $250,000 on the back of some higher end townhouse sales.

Typical of most unit markets, Gladstone’s is yet to show the same promising improvements in average days on market and average vendor discounting as seen in the house market.

This segment of the market is typically targeted by investors, which local agents report are all but non-existent in the current market.

Listing numbers have improved compared to a year ago, signaling that the current supply is being slowly absorbed.

RENTAL MARKET

Gladstone’s vacancy rate saw a sharp increase since the end of March – something many local agents had been anticipating with the slow release of ex-mining owned properties into the rental pool.

Even though there are no new developments adding to stock levels, it is expected that additional mining company-owned stock will come onto the market. This may exacerbate current vacancy levels which had come down to 3.8 per cent, but at the end of June was 5.2 per cent.

Median weekly rents have also gone through a significant price correction, which is making rental properties once again affordable. Compared to a year ago all median rents have come down by at least $15. Compared to the peak in the market over 2012-2013, the largest drop has been for three-bedroom townhouses, down from $600 per week to $325 per week.

...local owner occupiers are recognizing the value for money in current property prices .



GLADSTONE (LGA) ~ t 21 $250,000 5.9% $267,500 -23.6% -23.6%

ROCKHAMPTON






MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE





MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE

GLADSTONE (LGA) 116 $377,500 -0.5% $374,000 -8.8% 1.1%

GLADSTONE (LGA) ^ ~ 39 $437,500 -17.5% $475,000 -2.1% 5.6%

AGNES WATER ^ 4 N/A N/A $370,000 4.2% N/A

BOYNE ISLAND 10 $387,500 4.7% $420,000 -2.3% 2.4%

CALLIOPE ~ 6 N/A N/A $362,500 -14.7% -1.6%

CLINTON ~ 12 $325,000 -11.3% $348,000 -11.9% -7.2%

GLEN EDEN 7 N/A N/A $429,000 6.6% -1.9%

KIN KORA 6 N/A N/A $347,000 -11.0% -2.3%

KIRKWOOD ~ 14 $423,000 0.7% $430,500 -14.3% N/A

NEW AUCKLAND 10 $384,500 N/A $369,000 -8.3% -3.3%

SOUTH GLADSTONE ~ 6 N/A N/A $330,000 -17.5% -2.9%

TANNUM SANDS ~ 12 $444,500 22.1% $425,000 -13.6% -10.7%

TELINA 7 N/A N/A $385,000 -2.5% -9.6%

WEST GLADSTONE ~ 8 N/A N/A $300,000 -19.1% -9.9%

BANANA (LGA) 17 $275,000 N/A $257,500 -2.8% 1.0%

BILOELA 12 $287,500 N/A $310,000 10.7% 9.3%

GLADSTONE (LGA) ~ 25 $175,000 0.0% $189,500 -8.2% 5.3%

GLADSTONE (LGA) ^ 11 N/A N/A N/A N/A N/A

AGNES WATER 6 N/A N/A $175,000 N/A -13.6%

KIRKWOOD * 8 N/A N/A $190,000 -18.4% 5.6%

GLADSTONE REGIONAL $300 280 $330 289

4677 AGNES WATER $300 17 $330 19

4680 GLADSTONE $300 257 $335 263

BANANA SHIRE $300 50 $300 50

4715 BILOELA $330 18 $330 28

4718 BAUHINIA $290 27 $265 19


4677 AGNES WATER $260 5 $300 5

4680 GLADSTONE $240 200 $280 207

BANANA SHIRE $231 21 $250 15

4715 BILOELA $270 13 $265 9

4718 BAUHINIA $200 8 N.A. 4


4680 GLADSTONE $325 83 $365 149

Latest figures for the Rockhampton region indicate more of the same seen so far this calendar year with house sales activity marginally up on the previous quarter.

According to local agents the market is remains stable with market conditions very much as they were over the March quarter. There is promising signs however with the strengthening cattle industry and the low Aussie dollar – with beef exports improving.

Overall confidence still remains subdued with the region in need of a boost in employment opportunities, despite the improvements in the rural sector.

HOUSE MARKET

House sales numbers over the June quarter were up two per cent with the median house price down just one per cent to $297,000.

This level of sales activity is consistent with that recorded over the previous two quarters, indicating that the Rockhampton property market has reached a stable period at the bottom of its cycle.

Vendor confidence is said to still be low, with listing numbers still markedly down on that record a year prior.

Average days on market and average vendor discounting have likewise pushed out further however local agents feel that these indicators should also start to stabilise over the coming months.

Local agents report signs of improving buyer confidence though, with sales enquiries since the end of the June quarter picking up. This improvement is likely attributed to the improving cattle industry and export industry as a whole for both beef and cattle.

Employment opportunities however are still an area of concern with the need to diversify its industries necessary for the regions recovery from the mining downturn.

UNIT MARKET

Rockhampton’s unit and townhouse market continues to underperform the house market with sales activity still at record lows.

Over the June quarter, the region recorded only 14 preliminary unit sales, giving insufficient numbers to record a reliable median for the quarter.

For the year ending June however, the median house price was up 1.4 per cent and up 32.8 per cent compared to one and five years ago respectively. The new unit developments

LAND PRICEPOINTS

18

47

35

23

3438 36 33

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


MAR 15 JUN 15

339

8129 3

449

10044

8

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



73

179 8

98

38

617

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


MAR 15 JUN 15

52

2614 15

70

36

21

7

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


MAR 15 JUN 15

48

0 0

36

1 1

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


MAR 15 JUN 15

64

6 2

81

124

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


MAR 15 JUN 15

50

2 1

53

51

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


MAR 15 JUN 15

15

02

22

2 1

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


MAR 15 JUN 15

30

1 0

15

4 4

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


MAR 15 JUN 15

43

1 1

53

1 0

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


MAR 15 JUN 15

34

4 2

46

2 0

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


MAR 15 JUN 15

43

1 1

46

2 3

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


MAR 15 JUN 15

...the Rockhampton property market has reached a stable period at the bottom of its cycle.

29


JUNE QUARTER 2015

HOUSE PRICEPOINTS

1,079 1,276

540

19

1,194 1,412

628

18

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



54

532

667

119 55

557

698

119

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


MAR 15 JUN 15

157

47

11

163

43

8

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


MAR 15 JUN 15

158

245

85

2

153

213

90

3

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


MAR 15 JUN 15

227

70

13

211

71

14

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


MAR 15 JUN 15

44 47

19

48 52

14

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


MAR 15 JUN 15

200 166

51

227

156

46

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


MAR 15 JUN 15

77 83

40

75 63

21

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


MAR 15 JUN 15

133

72

22

146

57

26

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


MAR 15 JUN 15

129

753

1,840

247 114

740

1,997

318

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


MAR 15 JUN 15

239

196

70

215

163

56

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


MAR 15 JUN 15

62

443 445

55 70

431 427

58

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


MAR 15 JUN 15

UNIT PRICEPOINTS


55

342

811

468

4979

352

890

490

61

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


MAR 15 JUN 15

256237

13786

10

269 286

173

70

7

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




239

493431

202

32

195

542471

234

33

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


MAR 15 JUN 15

97

231 221

116

18

74

209 221

127

28

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


MAR 15 JUN 15

21

84 3

27

12

62

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


MAR 15 JUN 15

165

5031 18

1

206

5930 27

3

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


MAR 15 JUN 15

28

19

60

3228

93

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


MAR 15 JUN 15

7

4

2

0

89

3

1

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


MAR 15 JUN 15

54

41

18 16

1

34

24 21 18

1

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


MAR 15 JUN 15

19

13

3 3

13

7 64

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


MAR 15 JUN 15

23

11 10

4

12

68

3

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


MAR 15 JUN 15

36

52

14

4

31

44

14

4

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


MAR 15 JUN 15

LAND PRICEPOINTS

18

47

35

23

3438 36 33

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


MAR 15 JUN 15

339

8129 3

449

10044

8

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



73

179 8

98

38

617

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


MAR 15 JUN 15

52

2614 15

70

36

21

7

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


MAR 15 JUN 15

48

0 0

36

1 1

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


MAR 15 JUN 15

64

6 2

81

124

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


MAR 15 JUN 15

50

2 1

53

51

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


MAR 15 JUN 15

15

02

22

2 1

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


MAR 15 JUN 15

30

1 0

15

4 4

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


MAR 15 JUN 15

43

1 1

53

1 0

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


MAR 15 JUN 15

34

4 2

46

2 0

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


MAR 15 JUN 15

43

1 1

46

2 3

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


MAR 15 JUN 15



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



ROCKHAMPTON CONTINUED



ROCKHAMPTON (LGA) 174 $297,000 -1.0% $296,500 -5.9% -1.2%

ROCKHAMPTON (LGA) ^ 12 N/A N/A $377,500 1.3% 6.3%

ALLENSTOWN 6 N/A N/A $245,000 -7.9% -9.1%

BERSERKER 25 $220,000 -5.8% $229,000 -7.7% -2.6%

FRENCHVILLE 26 $302,500 -8.3% $317,500 -8.0% -3.8%

GRACEMERE 13 $319,000 8.9% $320,000 -3.0% 0.0%

KAWANA 9 N/A N/A $310,000 -4.3% 1.6%

KOONGAL 10 $298,000 N/A $266,000 -0.7% -2.0%

MOUNT MORGAN ~ 7 N/A N/A $97,500 -15.2% -32.8%

NORMAN GARDENS 21 $459,550 10.1% $428,500 16.0% 8.7%

PARK AVENUE ~ 10 $252,000 -12.0% $256,000 -8.7% -1.3%

ROCKHAMPTON CITY 5 N/A N/A $200,000 -4.8% -2.1%

THE RANGE ~ 18 $455,000 26.4% $365,000 0.0% 0.1%

WANDAL 16 $315,000 5.4% $315,000 14.5% 12.5%

WEST ROCKHAMPTON 3 N/A N/A $263,500 2.9% 1.3%

CENTRAL HIGHLANDS (LGA) ~ 38 $217,500 8.8% $240,000 -33.3% -30.4%

BLACKWATER ~ 14 $112,500 -13.5% $147,500 N/A -50.3%

EMERALD ~ 22 $245,000 -7.5% $290,000 -23.7% -22.9%

LIVINGSTONE (LGA) 58 $374,500 -2.1% $376,750 7.6% -0.9%

LIVINGSTONE (LGA) ^ ~ 32 $450,000 -14.3% $487,000 -2.6% 3.6%

EMU PARK 5 N/A N/A $333,500 -1.9% -1.9%

LAMMERMOOR ~ 10 $397,500 N/A $405,000 -13.8% -7.2%

YEPPOON ~ 16 $355,000 -11.3% $365,000 1.7% 5.2%

ZILZIE 6 N/A N/A $395,000 7.9% 3.7%

ROCKHAMPTON (LGA) * 14 N/A N/A $358,500 1.4% 32.8%

ROCKHAMPTON CITY 7 N/A N/A $446,369 1.6% N/A

LIVINGSTONE (LGA) ~ 16 $275,000 22.7% $263,250 -22.6% -13.7%

YEPPOON ~ 11 $345,000 N/A $268,250 -18.5% -23.4%

ROCKHAMPTON (LGA) ~ * 19 $159,000 -6.5% $170,000 0.6% 30.8%

ROCKHAMPTON (LGA) ^ 2 N/A N/A N/A N/A N/A

GRACEMERE * 7 N/A N/A $147,000 -0.5% 22.5%

NORMAN GARDENS 9 N/A N/A $183,900 2.2% 5.7%

LIVINGSTONE (LGA) 35 $163,500 -6.0% $170,000 -1.2% 6.3%

HIDDEN VALLEY 4 N/A N/A $177,000 N/A N/A

TAROOMBALL 5 N/A N/A $175,500 N/A N/A

ZILZIE 11 $159,000 N/A $165,000 1.2% -8.3%

ROCKHAMPTON REGIONAL $290 288 $300 257

4700 ALLENSTOWN $285 86 $300 94

4701 BERSERKER $290 191 $320 153

4714 BAREE $190 10 $230 10

LIVINGSTONE SHIRE $310 141 $325 172

4702 ALBERTA $290 63 $310 69

4703 ADELAIDE PARK $340 61 $350 77

4710 EMU PARK $320 16 $320 24

CENTRAL HIGHLANDS REGIONAL $220 129 $270 121

4717 BLACKWATER $200 66 $250 58

4720 EMERALD $230 56 $300 54

that have come onto the market have dramatically changed the scope of the region’s unit market.

In line with activity in the house market, unit listings have also declined compared to the previous year. Stock on market sits at just 6.9 per cent, one of the lowest in regional Queensland, indicating that vendors are continuing to ride out the current lull in the market.

RENTAL MARKET

At the end of June, Rockhampton’s residential rental market recorded a vacancy rate of six per cent. After showing signs of improvement and stabilisation over the past four quarters, the jump over the three months to June is said to be exacerbated by the continued oversupply of stock in the Gracemere area.

On the back of vacancy rates being in excess of four per cent for eight consecutive quarters, median rents have returned to levels seen five years ago, according to latest figures from the RTA.



ROCKHAMPTON REGIONAL $120 10 N/A 4

4701 BERSERKER $120 7 N.A. 0

LIVINGSTONE SHIRE $330 10 N/A 8

4703 ADELAIDE PARK $300 7 N.A. 1


4717 BLACKWATER $295 9 N.A. 3

4720 EMERALD $250 8 $300 8

MACKAY



HOUSE PRICEPOINTS

1,079 1,276

540

19

1,194 1,412

628

18

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



54

532

667

119 55

557

698

119

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


MAR 15 JUN 15

157

47

11

163

43

8

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


MAR 15 JUN 15

158

245

85

2

153

213

90

3

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


MAR 15 JUN 15

227

70

13

211

71

14

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


MAR 15 JUN 15

44 47

19

48 52

14

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


MAR 15 JUN 15

200 166

51

227

156

46

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


MAR 15 JUN 15

77 83

40

75 63

21

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


MAR 15 JUN 15

133

72

22

146

57

26

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


MAR 15 JUN 15

129

753

1,840

247 114

740

1,997

318

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


MAR 15 JUN 15

239

196

70

215

163

56

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


MAR 15 JUN 15

62

443 445

55 70

431 427

58

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


MAR 15 JUN 15



ROCKHAMPTON REGIONAL $230 188 $240 192

4700 ALLENSTOWN $270 32 $250 43

4701 BERSERKER $220 154 $235 148

LIVINGSTONE SHIRE $280 66 $270 59

4703 ADELAIDE PARK $280 62 $290 48


4717 BLACKWATER $150 5 $160 13

4720 EMERALD $190 45 $240 42

The June quarter saw further drop off in sales activity for Mackay however given the trend in house sales over the past 12 months, local agents remain optimistic that the bottom of the market has been met.

While market indicators are yet to point to any signs of improvement, local agents report a lift in buyer enquiry, largely from first home buyers who are recognising the great buying opportunities currently present.

There has also said to have been a shift in the property market. With investors shying away, Mackay has returned to a local buyers’ market. With no speculative investors around local agents say market conditions are stable and overall confidence is up on a tough 2014.

The mining sector continues to struggle with political issues delaying new mining projects. Job security in this sector continues to create uncertainty for the local economy. Many are reportedly seeing their jobs shift from permanent full time to casual.

There is a growing awareness that more diverse industries in Mackay are needed to ensure more sustainable economic growth for the region moving forward.

HOUSE MARKET

Over the June quarter, Mackay’s house market saw a drop in house sales activity, down 20 per cent on the previous quarter. Properties priced under $350,000 are said to be selling well, however local agents say there has been some bracket creep with softening prices.

More first home buyers are said to be taking advantage of the lower prices, particularly where mortgage-distress sales are occurring.

Despite this, local agents do feel that the overall mood is better than last year, with confidence slowly recovering.

House listing numbers have come down slightly compared to a year ago; however average days on market and average vendor discounting rates have edged out further since March.

UNIT MARKET

Unit sales in Mackay also saw a drop in activity over the June quarter, with sales numbers remaining at historically low levels.

This is said to be largely attributed to a dip in investor activity in the region. With low buyer enquiry levels, only those that need to sell are putting their unit or townhouse on the market.

Listing numbers are up slightly on the previous year however average days on market and average vendor discounting rates are beginning to show signs of improvement. This however is likely attributed to vendors becoming more realistic in their initial list price and the need to meet the market in order to sell.

RENTAL MARKET

At the end of June Mackay recorded its second consecutive drop in its vacancy rate, down 0.3 percentage points since the end of March to 9.1 per cent.

While an oversupply is evidently still in play, local agents say easing rental prices are stimulating a slow recovery in tenant demand.

Similar to Gladstone, Mackay’s median weekly rents from the RTA have returned to pre-boom levels, with median weekly rents across all property types down around $200 since the market peaked over 2012-2013.

Local agents also feel the bottom of the market has been met and things should improve moving forward.

...the overall mood is better than last year, with confidence slowly recovering.

31


JUNE QUARTER 2015

MACKAY REGIONAL $300 411 $350 346

4737 ARMSTRONG BEACH $280 31 $340 28

4740 ALEXANDRA $300 329 $352 269

4741 BALL BAY $320 5 $320 9

4750 BUCASIA $295 17 $365 18

4751 GREENMOUNT $285 12 $380 8

4753 DEVEREUX CREEK $300 9 $270 6

ISAAC REGIONAL $220 141 $275 153

4742 BURTON $200 8 $280 5

4744 MORANBAH $250 82 $300 86

4745 DYSART $180 41 $190 42

4746 GERMAN CREEK $250 5 $300 6

WHITSUNDEY REGIONAL $290 182 $340 163

4800 ANDROMACHE $300 30 $340 30

4802 AIRLIE BEACH $370 46 $400 63

4804 COLLINSVILLE $170 19 N.A. 4

4805 BINBEE $265 87 $300 66

MACKAY (LGA) ~ 165 $355,000 -7.8% $380,000 -7.8% -4.3%

MACKAY (LGA) ^ 29 $447,000 4.0% $450,000 -8.5% -8.2%

ANDERGROVE 9 N/A N/A $358,000 -8.5% -9.4%

BEACONSFIELD 6 N/A N/A $372,500 -11.3% -9.0%

BLACKS BEACH 5 N/A N/A $423,500 -6.9% -7.4%

BUCASIA 6 N/A N/A $387,500 -4.8% -6.6%

EAST MACKAY 8 N/A N/A $376,000 -4.2% 1.6%

EIMEO 9 N/A N/A $400,000 -9.9% -10.7%

GLENELLA 9 N/A N/A $495,000 5.8% -2.9%

MARIAN 5 N/A N/A $450,000 -3.8% 13.6%

MOUNT PLEASANT 10 $410,000 N/A $397,500 -9.7% -9.7%

NORTH MACKAY ~ 11 $310,000 7.8% $317,000 -10.6% -6.2%

OORALEA 7 N/A N/A $435,000 -8.4% -5.4%

RURAL VIEW 8 N/A N/A $449,000 -0.8% 0.2%

SARINA ~ 9 N/A N/A $250,000 -26.5% -16.7%

SLADE POINT ~ 8 N/A N/A $292,500 -16.4% -21.2%

SOUTH MACKAY ~ 10 $273,750 N/A $303,000 -20.1% -15.5%

WALKERSTON ~ 12 $372,500 -9.4% $390,000 -14.8% -15.7%

WEST MACKAY 7 N/A N/A $345,000 -4.8% -5.9%

ISAAC (LGA) ~ 30 $182,500 -15.1% $200,000 -28.6% -52.1%

DYSART 9 N/A N/A $90,000 N/A -78.0%

MORANBAH ~ 15 $200,000 -4.1% $215,000 -38.7% -51.1%

WHITSUNDAY (LGA) 46 $395,000 -2.5% $380,000 -2.6% 1.3%

WHITSUNDAY (LGA) ^ 15 $455,000 N/A $487,500 4.8% 8.9%

BOWEN 5 N/A N/A $335,000 -8.2% -4.3%

CANNONVALE 19 $420,000 -2.3% $429,700 -3.7% -3.4%

PROSERPINE ~ 7 N/A N/A $242,500 -24.8% -30.2%



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE




UNIT PRICEPOINTS


55

342

811

468

4979

352

890

490

61

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


MAR 15 JUN 15

256237

13786

10

269 286

173

70

7

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




239

493431

202

32

195

542471

234

33

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


MAR 15 JUN 15

97

231 221

116

18

74

209 221

127

28

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


MAR 15 JUN 15

21

84 3

27

12

62

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


MAR 15 JUN 15

165

5031 18

1

206

5930 27

3

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


MAR 15 JUN 15

28

19

60

3228

93

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


MAR 15 JUN 15

7

4

2

0

89

3

1

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


MAR 15 JUN 15

54

41

18 16

1

34

24 21 18

1

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


MAR 15 JUN 15

19

13

3 3

13

7 64

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


MAR 15 JUN 15

23

11 10

4

12

68

3

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


MAR 15 JUN 15

36

52

14

4

31

44

14

4

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


MAR 15 JUN 15

LAND PRICEPOINTS

18

47

35

23

3438 36 33

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


MAR 15 JUN 15

339

8129 3

449

10044

8

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



73

179 8

98

38

617

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


MAR 15 JUN 15

52

2614 15

70

36

21

7

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


MAR 15 JUN 15

48

0 0

36

1 1

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


MAR 15 JUN 15

64

6 2

81

124

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


MAR 15 JUN 15

50

2 1

53

51

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


MAR 15 JUN 15

15

02

22

2 1

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


MAR 15 JUN 15

30

1 0

15

4 4

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


MAR 15 JUN 15

43

1 1

53

1 0

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


MAR 15 JUN 15

34

4 2

46

2 0

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


MAR 15 JUN 15

43

1 1

46

2 3

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


MAR 15 JUN 15




MACKAY (LGA) * 31 $280,000 12.0% $299,500 2.3% -3.4%

EAST MACKAY 4 N/A N/A $465,000 N/A N/A

MACKAY * 13 $475,000 N/A $313,063 10.3% 3.5%

WHITSUNDAY (LGA) ~ 18 $247,000 -2.2% $300,000 -3.2% -11.8%

AIRLIE BEACH 7 $530,000 N/A $414,500 10.2% -5.8%

CANNONVALE ~ 13 $220,000 N/A $232,500 -12.3% -29.5%

MACKAY (LGA) ~ 23 $208,000 6.7% $202,000 -2.4% 11.6%

MACKAY (LGA) ^ 3 N/A N/A N/A N/A N/A

WHITSUNDAY (LGA) 23 $180,000 20.0% $166,000 3.8% 3.8%

CANNONVALE 12 $180,500 N/A $165,000 2.5% 3.1%


4737 ARMSTRONG BEACH $198 22 $250 14

4740 ALEXANDRA $230 301 $280 254

4799 BLOOMSBURY $180 6 N.A. 1


4721 CLERMONT $150 5 N.A. 3

4744 MORANBAH $250 7 $380 12

4746 GERMAN CREEK $250 6 N.A. 4


4800 ANDROMACHE $200 9 $230 19

4802 AIRLIE BEACH $275 108 $290 123

4805 BINBEE $220 52 $260 41


4740 ALEXANDRA $300 40 $375 51


4744 MORANBAH $315 8 $450 24

4745 DYSART $165 6 N.A. 3


4800 ANDROMACHE $300 5 N.A. 3

4802 AIRLIE BEACH $350 15 $360 19

4805 BINBEE $300 5 $350 5



TOWNSVILLE

HOUSE PRICEPOINTS

1,079 1,276

540

19

1,194 1,412

628

18

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



54

532

667

119 55

557

698

119

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


MAR 15 JUN 15

157

47

11

163

43

8

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


MAR 15 JUN 15

158

245

85

2

153

213

90

3

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


MAR 15 JUN 15

227

70

13

211

71

14

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


MAR 15 JUN 15

44 47

19

48 52

14

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


MAR 15 JUN 15

200 166

51

227

156

46

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


MAR 15 JUN 15

77 83

40

75 63

21

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


MAR 15 JUN 15

133

72

22

146

57

26

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


MAR 15 JUN 15

129

753

1,840

247 114

740

1,997

318

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


MAR 15 JUN 15

239

196

70

215

163

56

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


MAR 15 JUN 15

62

443 445

55 70

431 427

58

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


MAR 15 JUN 15

UNIT PRICEPOINTS


55

342

811

468

4979

352

890

490

61

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


MAR 15 JUN 15

256237

13786

10

269 286

173

70

7

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




239

493431

202

32

195

542471

234

33

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


MAR 15 JUN 15

97

231 221

116

18

74

209 221

127

28

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


MAR 15 JUN 15

21

84 3

27

12

62

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


MAR 15 JUN 15

165

5031 18

1

206

5930 27

3

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


MAR 15 JUN 15

28

19

60

3228

93

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


MAR 15 JUN 15

7

4

2

0

89

3

1

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


MAR 15 JUN 15

54

41

18 16

1

34

24 21 18

1

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


MAR 15 JUN 15

19

13

3 3

13

7 64

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


MAR 15 JUN 15

23

11 10

4

12

68

3

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


MAR 15 JUN 15

36

52

14

4

31

44

14

4

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


MAR 15 JUN 15

LAND PRICEPOINTS

18

47

35

23

3438 36 33

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


MAR 15 JUN 15

339

8129 3

449

10044

8

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



73

179 8

98

38

617

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


MAR 15 JUN 15

52

2614 15

70

36

21

7

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


MAR 15 JUN 15

48

0 0

36

1 1

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


MAR 15 JUN 15

64

6 2

81

124

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


MAR 15 JUN 15

50

2 1

53

51

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


MAR 15 JUN 15

15

02

22

2 1

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


MAR 15 JUN 15

30

1 0

15

4 4

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


MAR 15 JUN 15

43

1 1

53

1 0

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


MAR 15 JUN 15

34

4 2

46

2 0

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


MAR 15 JUN 15

43

1 1

46

2 3

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


MAR 15 JUN 15

Stable yet subdued conditions still prevail in Townsville with listing numbers almost double that of sales turnover for the year ending June.

Local agents say the overall economic climate in Townsville is tougher than seen a year ago; however there is a feeling of stabilisation in the market.

Buyers are said to be gaining more confidence, with local upgraders, in particular, recognising good buying opportunities with the current interest rate environment and softer property prices.

Since the end of the June quarter, buyer enquiry levels have reportedly improved with local agents anticipating a stronger market for the rest of 2015 as the usual influx of new residents move to the region.

HOUSE MARKET

House sales activity over the June quarter showed a small sign of improvement in Mackay, up three per cent on the previous quarter.

With local upgraders recognising now is as good a time as any to buy, local agents say there has been healthier turnover in the higher price points in recent months.

Properties selling well are those that are keenly priced as buyer demand is reportedly starting to show signs of improvement. According to local agents, in such cases multiple offers are occurring, further indication that confidence is slowly improving.

Average days on market remain relatively stable up only five days on last year. Average vendor discounting however has increased to 8.7 per cent.

Local agents anticipate listing numbers to tighten over the balance of this year, which should result in continued stable market conditions.

UNIT MARKET

Like other regional centres, Townsville’s unit and townhouse market continues to record softer buyer demand and overall activity.

Over the quarter, preliminary sales numbers were down 24 per cent with the median sale price increasing 14 per cent on the back of some higher end sales transactions in the Townsville city centre.

Over the year to June, activity was down just seven percent, however, a number of suburbs recorded an increase in activity, including North Ward, Belgian Gardens and Pimlico.

Average days on market have held relatively steady at around 125 days, while average vendor discounting has improved on last year, down 0.2 percentage points to 9.4 per cent.

RENTAL MARKET

After a spike in vacancies at the end of March, Townsville’s vacancy rate dropped 0.6 percentage points to 5.3 per cent at the end of June.

Local agents report continued oversupply and softening of asking rents. Various incentives are reportedly being offered, however a number of agents say that tenants are more concerned with the ongoing rental price, with job uncertainty still a major issue for the region.

According to the RTA’s latest figures for the quarter, median weekly rents have come down $20 compared to last year for house and unit rentals. Townhouse rentals have fared better, with two bedroom townhouses up $10 to $280 per week and three bedroom townhouses down just $10 to $335 per week.

...there is a feeling of stabilisation in the market.

33


JUNE QUARTER 2015

TOWNSVILLE (LGA) 51 $164,000 -0.6% $161,000 -1.2% -1.2%

TOWNSVILLE (LGA) ^ 8 N/A N/A $199,000 2.1% -2.9%

BOHLE PLAINS 6 N/A N/A $165,000 3.1% -2.9%

BURDELL 6 N/A N/A $163,750 9.2% -3.7%

BUSHLAND BEACH 6 N/A N/A $149,000 -8.3% -0.7%

DEERAGUN 2 N/A N/A $163,750 -2.2% 5.0%

MOUNT LOUISA 4 N/A N/A $183,000 1.1% 9.9%

MOUNT LOW 5 N/A N/A $161,000 -1.2% 1.3%

OONOONBA 0 N/A N/A $160,000 1.6% N/A

SHAW 5 N/A N/A $154,000 N/A N/A

TOWNSVILLE (LGA) 452 $341,000 -2.6% $349,332 -3.0% -6.8%

TOWNSVILLE (LGA) ^ 44 $435,000 -1.1% $440,000 5.4% 1.9%

AITKENVALE 19 $300,000 3.6% $305,000 -2.4% -10.3%

ALICE RIVER ^ ~ 10 $459,000 -20.5% $516,000 14.7% 6.4%

ANNANDALE 29 $415,000 0.0% $415,000 -3.5% -7.1%

BOHLE PLAINS 11 $415,000 N/A $417,000 -1.9% -9.3%

BURDELL 17 $385,000 1.7% $411,250 -5.5% 9.5%

BUSHLAND BEACH 21 $380,000 -6.2% $397,000 -4.7% -5.5%

CONDON 14 $287,000 5.3% $282,000 -4.4% -14.5%

COSGROVE* 3 N/A N/A $384,475 -7.3% N/A

CRANBROOK 17 $290,000 0.0% $287,500 -5.0% -12.7%

CURRAJONG ~ 10 $292,000 10.0% $287,500 -5.7% -9.7%

DEERAGUN 7 N/A N/A $320,000 1.2% -7.2%

DOUGLAS 25 $390,000 4.0% $391,000 -1.9% -6.3%

GARBUTT 8 N/A N/A $272,500 -8.4% N/A

GULLIVER 9 N/A N/A $292,000 -1.2% 0.5%

HEATLEY 10 $265,000 8.2% $265,000 -10.2% -13.8%

HERMIT PARK 9 N/A N/A $352,000 -7.4% -9.6%

HYDE PARK 7 N/A N/A $330,000 N/A -12.8%

IDALIA 14 $555,000 4.5% $522,500 8.9% 5.6%

KELSO 15 $280,000 3.7% $287,000 2.5% -10.3%

KIRWAN 60 $333,500 -2.6% $342,250 -3.0% -11.1%

MOUNT LOUISA 22 $372,000 3.3% $370,000 -6.9% -7.3%

MUNDINGBURRA 10 $333,500 N/A $372,500 2.1% 0.0%

NORTH WARD ~ 6 N/A N/A $640,000 23.7% 8.5%

OONOONBA 8 N/A N/A $305,000 N/A N/A

PALLARENDA 3 N/A N/A $460,000 N/A N/A

RAILWAY ESTATE 13 $357,500 N/A $345,000 7.0% -4.5%

RANGEWOOD ^ 5 N/A N/A $472,500 N/A N/A

RASMUSSEN 9 N/A N/A $288,000 -0.7% -2.7%

SOUTH TOWNSVILLE 12 $344,500 N/A $339,000 -1.7% -10.8%

THURINGOWA CENTRAL 5 N/A N/A $315,000 0.2% -7.1%

VINCENT 5 N/A N/A $264,000 -5.7% -9.0%

WEST END 7 N/A N/A $355,000 -4.1% -6.6%

WULGURU 8 N/A N/A $298,500 -0.5% -9.5%

BURDEKIN (LGA) ~ 29 $160,000 -36.0% $190,000 -9.5% -19.6%

AYR 19 $185,000 -9.5% $222,000 -7.5% -10.2%

CHARTERS TOWERS (LGA) 20 $175,000 2.9% $175,000 -9.1% -20.8%

CHARTERS TOWERS CITY ~ 8 N/A N/A $150,000 -18.0% -25.9%

HINCHINBROOK (LGA) 9 N/A N/A $220,000 -3.3% -15.4%

INGHAM 7 N/A N/A $217,500 -4.1% -6.5%



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE






TOWNSVILLE (LGA) ~ 103 $310,750 14.0% $290,000 3.9% -11.9%

BELGIAN GARDENS 2 N/A N/A $297,000 N/A N/A

DOUGLAS 6 N/A N/A $310,500 7.1% -0.5%

NORTH WARD ~ t 20 $350,000 23.5% $315,000 9.6% -13.1%

PIMLICO 4 N/A N/A $245,000 N/A N/A

ROSSLEA ~ 5 N/A N/A $228,000 -0.9% -32.9%

SOUTH TOWNSVILLE ~ 4 N/A N/A $520,000 42.5% 21.6%

TOWNSVILLE CITY ~ f 22 $400,250 32.3% $390,000 5.3% -21.8%

WEST END * 5 N/A N/A $200,000 3.9% -31.0%

TOWNSVILLE CITY $310 741 $330 633

4810 BELGIAN GARDENS $350 75 $350 49

4811 IDALIA $330 30 $320 35

4812 CURRAJONG $320 64 $340 65

4814 AITKENVALE $315 195 $330 154

4815 CONDON $290 113 $310 105

4816 ALLIGATOR CREEK $320 13 $300 16

4817 KIRWAN $320 129 $345 106

4818 DEERAGUN $300 114 $315 87

4819 MAGNETIC IS $300 8 $300 16

BURDEKIN SHIRE $250 56 $250 60

4806 ARKENDEITH $250 12 $250 14

4807 AIRVILLE $250 38 $250 41

CHARTERS TOWERS REGIONAL $280 34 $260 40

4820 RICHMOND HILL $280 34 $260 40

HINCHINBROOK SHIRE $240 34 $260 36

4850 ABERGOWRIE $240 34 $260 36


4810 BELGIAN GARDENS $275 333 $280 299

4811 IDALIA $300 30 $300 52

4812 CURRAJONG $230 161 $250 137

4814 AITKENVALE $270 98 $275 86

4815 CONDON $230 25 $295 15

4817 KIRWAN $250 33 $260 31

4818 DEERAGUN $225 12 $225 12

4819 MAGNETIC IS $250 19 $250 16

BURDEKIN SHIRE $210 40 $200 54

4807 AIRVILLE $210 36 $200 43

CHARTERS TOWERS REGIONAL $200 17 $195 20

4820 RICHMOND HILL $200 17 $195 20

HINCHINBROOK SHIRE $170 24 $200 27

4850 ABERGOWRIE $170 24 $200 27


4810 BELGIAN GARDENS $280 32 $275 16

4812 CURRAJONG $255 13 $260 15

RENTAL MARKET - 3 BED TOWNHOUSESTOWNSVILLE CITY $335 42 $345 23

4810 BELGIAN GARDENS $350 8 $350 5

4812 CURRAJONG $365 7 $360 7

4814 AITKENVALE $335 8 N.A. 4

4815 CONDON $290 5 N.A. 3

4817 KIRWAN $310 8 N.A. 2



CAIRNS

HOUSE PRICEPOINTS

1,079 1,276

540

19

1,194 1,412

628

18

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



54

532

667

119 55

557

698

119

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


MAR 15 JUN 15

157

47

11

163

43

8

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


MAR 15 JUN 15

158

245

85

2

153

213

90

3

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


MAR 15 JUN 15

227

70

13

211

71

14

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


MAR 15 JUN 15

44 47

19

48 52

14

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


MAR 15 JUN 15

200 166

51

227

156

46

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


MAR 15 JUN 15

77 83

40

75 63

21

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


MAR 15 JUN 15

133

72

22

146

57

26

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


MAR 15 JUN 15

129

753

1,840

247 114

740

1,997

318

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


MAR 15 JUN 15

239

196

70

215

163

56

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


MAR 15 JUN 15

62

443 445

55 70

431 427

58

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


MAR 15 JUN 15

UNIT PRICEPOINTS


55

342

811

468

4979

352

890

490

61

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


MAR 15 JUN 15

256237

13786

10

269 286

173

70

7

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




239

493431

202

32

195

542471

234

33

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


MAR 15 JUN 15

97

231 221

116

18

74

209 221

127

28

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


MAR 15 JUN 15

21

84 3

27

12

62

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


MAR 15 JUN 15

165

5031 18

1

206

5930 27

3

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


MAR 15 JUN 15

28

19

60

3228

93

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


MAR 15 JUN 15

7

4

2

0

89

3

1

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


MAR 15 JUN 15

54

41

18 16

1

34

24 21 18

1

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


MAR 15 JUN 15

19

13

3 3

13

7 64

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


MAR 15 JUN 15

23

11 10

4

12

68

3

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


MAR 15 JUN 15

36

52

14

4

31

44

14

4

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


MAR 15 JUN 15

LAND PRICEPOINTS

18

47

35

23

3438 36 33

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


MAR 15 JUN 15

339

8129 3

449

10044

8

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



73

179 8

98

38

617

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


MAR 15 JUN 15

52

2614 15

70

36

21

7

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


MAR 15 JUN 15

48

0 0

36

1 1

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


MAR 15 JUN 15

64

6 2

81

124

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


MAR 15 JUN 15

50

2 1

53

51

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


MAR 15 JUN 15

15

02

22

2 1

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


MAR 15 JUN 15

30

1 0

15

4 4

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


MAR 15 JUN 15

43

1 1

53

1 0

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


MAR 15 JUN 15

34

4 2

46

2 0

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


MAR 15 JUN 15

43

1 1

46

2 3

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


MAR 15 JUN 15

The Cairns residential property market continues to see steady conditions prevail with certain segments of the market outperforming others.

According to local agents, general confidence in the market is improving. The tourism market is said to be slowly but surely recovering, although it still has some way to go. Further improvement in gross yields for holiday accommodation will likely see new hotel developments pick up again.

Local agents say that Cairns is seeing a balanced property market between buyers and vendors, which is resulting in stable days on market and average vendor discounting rates.

Listing numbers over the year have also held steady for both houses and units reflecting this equilibrium. The region also holds the lowest level of excess supply of all major regions in Queensland.

The outlook for the region is said to be reasonably positive, with continued improving market conditions expected for the balance of the year.

HOUSE MARKET

Over the June quarter, the Cairns house market saw sales activity ease slightly, down four per cent, however over the year to June sales numbers were up five per cent. The region’s median house price meanwhile remained unchanged over the quarter at $390,000.

The prestige end of the house sales market has performed well, with buyer enquiries strong in the $2-million plus bracket. Buyers are reportedly seeing value for money once more in this end of the market. Over the June quarter, three homes sold for in excess of $1 million dollars.

Properties priced between $300,000 and $1 million are spending longer on the market, according to local agents. Overall however, average days on market have improved to 65 days – now equalling Toowoomba as the fastest-selling regional centre.

Average vendor discounting has pushed out slightly over the three months to June to 6.1 per cent. This is said to be largely due to some vendors beginning to test the market by listing at a higher price.

UNIT MARKET

In the unit market, the affordable end is performing strongest with relatively affordable prices offsetting the ongoing costs that in recent years have deterred investors from the unit market.

Overall volumes are up 17 per cent compared to the March quarter, with the median sale price remaining steady at $219,500.

According to local agents, investors are once more focusing on the Cairns unit market, with the inner city receiving the most attention. Listings however are reportedly slow at coming onto the market, indicating that this segment of the Cairns property market will see steady improvements moving forward.

Unlike the house market, Cairns’ unit and townhouse market has recorded an improvement in its average vendor discounting rate, down 0.7 percentage points to seven per cent over the 12 months to May 2015.

Average days on market have likewise seen strong improvement, down 11 days compared to a year ago.

RENTAL MARKET

At the end of June, the REIQ’s residential rental survey found Cairns vacancy rate had eased further, to 2.7 per cent – the highest the region has seen in more than three years.

Local agents say tenant demand has softened coupled with new unit developments adding to supply. While investors are buying in Cairns once more, current investors are taking advantage of the improved market conditions and selling their properties.

According to figures from the RTA, median rents remain healthy despite the easing vacancy rate. As a result gross yields have improved significantly for both house and unit rentals. At 6.2 per cent, Cairns’ gross house yield is the highest of all major regions. While a gross unit yield of 5.8 per cent ranks second, after Logan City’s 5.9 per cent for the June quarter.

35


JUNE QUARTER 2015

CAIRNS (LGA) 280 $219,500 0.0% $220,000 2.3% -17.0%

BUNGALOW 6 N/A N/A $145,000 -2.0% -25.3%

CAIRNS CITY 25 $295,000 11.3% $322,000 -5.3% -22.4%

CAIRNS NORTH 31 $231,500 -5.1% $229,500 4.3% -27.4%

CLIFTON BEACH 5 N/A N/A $247,500 5.3% -17.2%

EARLVILLE ~ 7 N/A N/A $180,000 -18.2% N/A

EDGE HILL ~ 8 N/A N/A $192,500 24.2% -2.0%

EDMONTON 11 $190,000 N/A $179,049 N/A N/A

FRESHWATER 4 N/A N/A $250,000 -9.9% N/A

MANOORA 20 $164,000 5.8% $157,000 12.3% -21.1%

MANUNDA 24 $154,500 N/A $145,000 -2.4% -25.6%

MOOROOBOOL 12 $284,500 N/A $207,500 15.3% -1.2%

PALM COVE ~ 18 $220,000 -7.3% $255,000 10.9% -30.1%

PARRAMATTA PARK ~ 11 $220,000 45.7% $224,750 -5.7% -19.7%

TRINITY BEACH 19 $240,000 -2.0% $245,000 6.5% -17.8%

WESTCOURT ~ 17 $223,500 N/A $248,000 41.7% -22.7%

WHITE ROCK 4 N/A N/A $234,000 N/A N/A

WOREE ~ 6 N/A N/A $146,750 22.3% -13.9%

YORKEYS KNOB 9 N/A N/A $220,000 -2.7% 4.7%

CAIRNS (LGA) 450 $390,000 0.0% $390,000 5.4% 6.8%

CAIRNS (LGA) ^ ~ 35 $500,000 -21.3% $568,750 2.5% -8.0%

BAYVIEW HEIGHTS ~ 16 $413,000 15.8% $388,000 4.8% 13.3%

BENTLEY PARK 32 $325,000 2.8% $350,000 6.3% 2.2%

BRINSMEAD ~ 25 $415,000 -10.8% $430,000 9.7% 6.2%

BUNGALOW 7 N/A N/A $350,000 7.7% 7.7%

CLIFTON BEACH 8 N/A N/A $535,000 3.4% 9.2%

EARLVILLE 11 $350,000 1.4% $352,500 6.8% 5.5%

EDGE HILL 16 $471,000 2.4% $475,000 2.7% 5.6%

EDMONTON ~ 36 $315,000 -10.6% $340,000 5.0% 1.5%

FRESHWATER 5 N/A N/A $515,000 N/A 16.4%

GOLDSBOROUGH ^ 6 N/A N/A $460,000 N/A N/A

GORDONVALE 20 $314,850 14.5% $288,500 -8.4% -5.4%

GORDONVALE ^ 4 N/A N/A $555,000 N/A N/A

HOLLOWAYS BEACH 9 N/A N/A $377,750 1.0% 9.5%

KANIMBLA 6 N/A N/A $519,000 15.3% 11.6%

KEWARRA BEACH ~ 24 $395,000 -10.2% $425,000 4.0% 4.3%

MANOORA 5 N/A N/A $280,000 6.5% -6.7%

MANUNDA ~ 16 $310,000 -12.7% $328,750 6.0% 2.1%

MOOROOBOOL ~ 14 $316,000 -12.2% $375,000 15.4% 8.5%

MOUNT SHERIDAN 33 $349,000 -4.4% $358,500 2.7% 3.6%

PALM COVE 7 N/A N/A $585,000 4.5% 6.9%

PARRAMATTA PARK 6 N/A N/A $382,500 3.4% -3.5%

REDLYNCH 33 $450,000 -5.3% $450,000 5.0% 7.8%

SMITHFIELD 25 $410,000 5.1% $414,000 8.9% 13.4%

TRINITY BEACH ~ * 21 $620,000 29.2% $480,000 14.3% 21.5%

TRINITY PARK 14 $432,500 5.5% $435,000 6.6% 16.0%

WESTCOURT 4 N/A N/A $350,000 7.7% 6.7%

WHITE ROCK 10 $320,000 -4.8% $309,000 12.4% 11.1%

WHITFIELD ~ 15 $485,000 -14.2% $527,500 10.5% 17.2%

WOREE 7 N/A N/A $345,000 16.0% 3.8%

CASSOWARY COAST (LGA) ~ 33 $227,000 -9.2% $245,000 3.4% -8.8%

CASSOWARY COAST (LGA) ^ 12 N/A N/A $335,000 -4.3% -2.9%

DOUGLAS (LGA) 23 $405,500 -2.3% $391,500 3.1% 1.7%

PORT DOUGLAS 8 N/A N/A $516,250 11.0% 3.3%

MAREEBA (LGA) ~ 28 $249,000 -9.5% $272,000 3.6% -4.6%

MAREEBA (LGA) ^ ~ 20 $399,647 -7.2% $432,500 8.1% 1.8%

KURANDA ^ 7 N/A N/A $435,500 -0.2% -7.8%

MAREEBA ~ 24 $250,000 -9.1% $275,000 4.3% -3.5%

TABLELANDS (LGA) 46 $308,000 6.2% $298,000 6.4% 2.1%

TABLELANDS (LGA) ^ ~ 23 $438,039 15.0% $400,000 11.1% 1.3%

ATHERTON 32 $310,000 5.1% $302,500 -2.4% -5.5%

TOLGA ^ 5 N/A N/A $420,000 N/A N/A



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE



CASSOWARY COAST (LGA) ~ 8 N/A N/A $130,000 N/A -56.3%

DOUGLAS (LGA) ~ 49 $215,500 -10.2% $240,000 -1.2% -11.1%

PORT DOUGLAS ~ 26 $213,750 -7.1% $240,000 9.1% -11.1%

CAIRNS (LGA) ~ * 87 $199,500 4.7% $204,000 12.1% 20.0%

CAIRNS (LGA) ^ 9 N/A N/A $270,000 22.7% 1.9%

EDMONTON * 18 $144,150 N/A $140,000 N/A 7.3%

GORDONVALE 7 N/A N/A $135,000 N/A 12.5%

KANIMBLA * 3 N/A N/A $245,000 16.7% N/A

REDLYNCH * 2 N/A N/A $215,000 17.2% 22.9%

SMITHFIELD * 21 $199,500 8.7% $199,000 19.2% 3.3%

TRINITY BEACH * 1 N/A N/A $219,500 21.3% 24.0%

TRINITY PARK * 6 N/A N/A $225,000 N/A 33.1%

CASSOWARY COAST (LGA) 14 N/A N/A $80,000 -18.4% -38.5%

DOUGLAS (LGA) 10 N/A N/A $148,761 29.4% N/A

ROCKY POINT 1 N/A N/A $155,000 N/A N/A

MAREEBA (LGA) 8 N/A N/A $90,000 N/A -8.2%

MAREEBA 8 N/A N/A $90,000 5.9% -9.1%

CAIRNS REGIONAL $355 426 $350 430

4865 GOLDSBOROUGH $330 23 $320 17

4868 BAYVIEW HEIGHTS $350 84 $340 73

4869 BENTLEY PARK $340 62 $325 61

4870 AEROGLEN $365 152 $360 150

4878 BARRON $380 37 $350 44

4879 BUCHAN POINT $395 64 $400 79

DOUGLAS SHIRE $340 37 $350 34

4873 BAILEY CREEK $300 24 $305 19

4877 CRAIGLIE $420 13 $395 15

CASSOWARY COAST REGIONAL $280 105 $285 101

4852 BINGIL BAY $350 20 $310 16

4854 BILYANA $275 16 $285 28

4855 DAVESON $230 7 N.A. 1

4858 COMOON LOOP $260 5 N.A. 3

4860 BAMBOO CREEK $270 48 $280 38

TABLELANDS REGIONAL $290 75 $285 92

4872 BARRINE $280 7 $260 14

4882 TOLGA $310 9 N.A. 4

4883 ATHERTON $295 36 $295 39

4885 BUTCHERS CREEK $270 9 $280 15

4888 EVELYN $250 8 $260 9

MAREEBA SHIRE $310 52 $320 47

4880 ARRIGA $310 45 $315 33

4881 KOAH $325 7 $360 14



...continued improving market conditions expected for the balance of the year.




4865 GOLDSBOROUGH $240 10 $195 5

4868 BAYVIEW HEIGHTS $250 73 $250 77

4869 BENTLEY PARK $250 16 $230 21

4870 AEROGLEN $280 504 $260 485

4878 BARRON $285 79 $275 71

4879 BUCHAN POINT $315 120 $300 112


4873 BAILEY CREEK $220 14 $200 18

4877 CRAIGLIE $295 74 $290 89

CASSOWARY COAST REGIONAL $210 99 $206 79

4852 BINGIL BAY $245 27 $240 27

4854 BILYANA $120 21 $250 10

4860 BAMBOO CREEK $200 46 $190 35

4883 ATHERTON $230 33 $225 35

MAREEBA SHIRE $250 32 $250 25

4880 ARRIGA $250 28 $230 20

OTHER REGIONAL




MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN

SALE

1YR CHANGE

5YR CHANGE




MARANOA (LGA) 17 $260,000 N/A $275,000 -6.1% 7.8%

ROMA 14 $272,500 -6.4% $305,000 -3.2% 10.9%

MURWEH (LGA) 7 N/A N/A N/A N/A N/A

CHARLEVILLE 5 N/A N/A $118,000 2.2% -15.7%

LONGREACH (LGA) 7 N/A N/A N/A N/A N/A

LONGREACH 7 N/A N/A $240,000 6.7% 3.2%

MOUNT ISA (LGA) ~ 25 $315,000 -10.0% $347,500 -5.8% 4.4%

TABLELANDS (LGA) 5 N/A N/A $100,000 -1.0% -16.7%

ATHERTON ~ 4 N/A N/A $100,000 N/A -20.0%

SOUTH WEST

BALONNE SHIRE $250 22 $240 20

4487 ST GEORGE $260 17 $265 17

MARANOA REGIONAL $305 64 $400 72

4455 ROMA $320 57 $430 58

MURWEH $240 28 $240 25

4470 CHARLEVILLE $240 28 $250 23

CENTRAL WEST

LONGREACH $240 16 $270 15

4730 BRIXTON $250 15 $295 13

NORTH WEST

CLONCURRY SHIRE $300 15 $375 21

4824 CLONCURRY $300 15 $375 21

MOUNT ISA CITY $410 109 $480 87

4825 ALEXANDRIA $410 109 $480 87

FAR NORTH

COOK SHIRE $290 31 $280 24

4871 ALMADEN $260 20 $260 15

4895 BLOOMFIELD $300 11 $330 9

RENTAL MARKET - 3 BED HOUSES

SOUTH WEST

MARANOA REGIONAL $250 33 $350 21

4455 ROMA $250 32 $350 21

CENTRAL WEST

LONGREACH N/A 7 $185 12

4730 BRIXTON $175 7 $185 12

NORTH WEST

MOUNT ISA CITY $270 103 $317 81

4825 ALEXANDRIA $270 103 $317 81

FAR NORTH

COOK SHIRE N/A 7 N/A 6

4895 BLOOMFIELD $270 5 N.A. 4


4868 BAYVIEW HEIGHTS $270 5 $230 15

4869 BENTLEY PARK $220 8 $230 8

4870 AEROGLEN $275 35 $260 57

4878 BARRON $260 18 $250 17

4879 BUCHAN POINT $290 6 $300 11


4877 CRAIGLIE $310 19 $280 26






4870 AEROGLEN $395 5 $350 12

4879 BUCHAN POINT $390 5 N.A. 2


4877 CRAIGLIE $390 19 $400 13



QMM DATA OTM_12mthsMay15

0

20

40

60

80

100

120

140

160

BRIS

BAN

E SD

Bris

bane

Ipsw

ich

Loga

n

Mor

eton

Bay

Redl

and

Gol

d Co

ast

Suns

hine

Coa

st S

D

Cair

ns

Fras

er C

oast

Bund

aber

g

Gla

dsto

ne

Mac

kay

Rock

ham

pton

Toow

oom

ba

Tow

nsvi

lle

Average Days On Market - UNITS

2014* 2015*

*12mths to the end of MaySource: REIQ, data supplied by CoreLogic RP Data

-12.0%

-10.0%

-8.0%

-6.0%

-4.0%

-2.0%

0.0%

Average Vendor Discounting - HOUSES

2014* 2015*

0

20

40

60

80

100

120

140

BRIS

BAN

E SD

Bris

bane

Ipsw

ich

Loga

n

Mor

eton

Bay

Redl

and

Gol

d Co

ast

Suns

hine

Coa

st S

D

Fras

er C

oast

Cair

ns

Bund

aber

g

Gla

dsto

ne

Mac

kay

Rock

ham

pton

Toow

oom

ba

Tow

nsvi

lle

Average Days On Market - HOUSES

2014* 2015*


-14.0%

-12.0%

-10.0%

-8.0%

-6.0%

-4.0%

-2.0%

0.0%

Average Vendor Discounting - UNITS

2014* 2015*


HOUSES CHANGE OVER YEAR

LGA TOTAL LISTINGS % STOCK ON MARKET DAYS ON MARKET* VENDOR DISCOUNT* TOTAL

LISTINGS% STOCK ON

MARKETDAYS ON MARKET*

VENDOR DISCOUNT*

12MTHS ENDING MAY 2015* 2014* 2015* 2014* 2015* 2014* 2015* 2014*

BRISBANE SD 44,838 42,663 7.1% 6.8% 68 68 -5.7% -5.7% 5% 0.3% -0 0.0%

BRISBANE 20,041 19,378 6.5% 6.4% 59 59 -5.7% -5.6% 3% 0.2% -1 -0.1%

IPSWICH 4,615 4,128 7.6% 6.8% 83 85 -6.6% -6.7% 12% 0.7% -2 0.1%

LOGAN 6,630 6,114 7.6% 7.1% 76 77 -5.6% -5.8% 8% 0.5% -1 0.2%

MORETON BAY 9,686 9,238 7.5% 7.3% 73 74 -5.4% -5.6% 5% 0.2% -1 0.2%

REDLAND 3,866 3,805 8.4% 8.4% 74 71 -5.9% -5.7% 2% 0.1% 2 -0.1%

GOLD COAST 10,273 9,550 8.1% 8.0% 72 74 -5.8% -6.1% 8% 0.1% -2 0.3%

SUNSHINE COAST SD 9,519 8,966 9.6% 9.2% 88 91 -5.9% -6.0% 6% 0.3% -3 0.1%

FRASER COAST 3,644 3,467 9.8% 9.4% 109 110 -7.8% -7.5% 5% 0.4% -1 -0.3%

CAIRNS 3,335 3,328 7.4% N/A 65 73 -6.1% -6.0% 0% N/A -8 -0.1%

BUNDABERG 2,834 2,847 8.4% 8.5% 104 83 -8.1% -7.0% -0% -0.1% 20 -1.1%

GLADSTONE 1,650 1,712 7.5% 7.9% 106 117 -9.3% -9.8% -4% -0.4% -11 0.5%

MACKAY 2,739 2,805 7.1% 7.4% 107 91 -11.0% -8.5% -2% -0.2% 16 -2.5%

ROCKHAMPTON 2,120 2,643 7.5% N/A 103 86 -9.0% -7.9% -20% N/A 17 -1.1%

TOOWOOMBA 4,103 4,168 8.2% 8.5% 65 64 -4.9% -4.6% -2% -0.2% 1 -0.4%

TOWNSVILLE 4,427 4,198 7.4% 7.1% 94 89 -8.7% -7.4% 5% 0.3% 5 -1.2%

All figures are preliminary, with the exception of Cairns & Rockhampton previous 12 mths figures, where preliminary figures were not available

Source: REIQ. Data Supplied by CoreLogic RP Data Suburb Scorecards



UNITS & TOWNHOUSES CHANGE OVER YEAR

LGA TOTAL LISTINGS % STOCK ON MARKET DAYS ON MARKET* VENDOR

DISCOUNT*TOTAL

LISTINGS% STOCK

ON MARKETDAYS ON MARKET*

VENDOR DISCOUNT*

12MTHS ENDING MAY 2015* 2014* 2015* 2014* 2015* 2014* 2015* 2014*

BRISBANE SD 13,877 12,595 7.5% 7.2% 75 79 -5.3% -5.3% 10% 0.3% -4 -0.0%

BRISBANE 9,175 8,184 6.7% 6.3% 65 70 -4.8% -4.9% 12% 0.4% -4 0.1%

IPSWICH 461 447 10.3% 10.5% 117 132 -8.2% -6.9% 3% -0.1% -15 -1.3%

LOGAN 1,540 1,460 11.0% 10.8% 97 98 -6.3% -6.7% 5% 0.2% -1 0.4%

MORETON BAY 2,021 1,876 9.2% 9.1% 100 106 -5.9% -5.8% 8% 0.2% -6 -0.0%

REDLAND 680 628 9.8% 9.5% 86 92 -5.5% -5.4% 8% 0.4% -6 -0.0%

GOLD COAST 11,736 10,739 9.8% 9.1% 92 95 -6.5% -7.1% 9% 0.6% -3 0.6%

SUNSHINE COAST SD 5,001 4,779 10.2% 9.7% 106 107 -6.4% -6.5% 5% 0.4% -1 0.1%

CAIRNS 1,903 1,992 8.7% N/A 86 97 -7.0% -7.8% -4% N/A -11 0.7%

FRASER COAST 632 493 13.5% 10.7% 110 133 -6.0% -7.4% 28% 2.8% -22 1.4%

BUNDABERG 396 390 10.7% 11.1% 150 125 -8.9% -7.4% 2% -0.4% 25 -1.5%

GLADSTONE 237 276 6.3% 8.3% 135 130 -12.3% -11.9% -14% -2.0% 5 -0.4%

MACKAY 494 480 7.8% 8.3% 135 122 -12.9% -11.1% 3% -0.5% 13 -1.8%

ROCKHAMPTON 160 192 6.9% N/A 135 103 -7.8% -5.8% -17% N/A 32 -2.0%

TOOWOOMBA 522 587 7.2% 9.1% 70 74 -4.2% -4.3% -11% -1.8% -4 0.1%

TOWNSVILLE 1,249 1,252 10.2% 10.5% 125 126 -9.4% -9.6% -0% -0.4% -1 0.2%

QMM DATA OTM_12mthsMay15

0

20

40

60

80

100

120

140

160

BRIS

BAN

E SD

Bris

bane

Ipsw

ich

Loga

n

Mor

eton

Bay

Redl

and

Gol

d Co

ast

Suns

hine

Coa

st S

D

Cair

ns

Fras

er C

oast

Bund

aber

g

Gla

dsto

ne

Mac

kay

Rock

ham

pton

Toow

oom

ba

Tow

nsvi

lle

Average Days On Market - UNITS

2014* 2015*


-12.0%

-10.0%

-8.0%

-6.0%

-4.0%

-2.0%

0.0%

Average Vendor Discounting - HOUSES

2014* 2015*

0

20

40

60

80

100

120

140

BRIS

BAN

E SD

Bris

bane

Ipsw

ich

Loga

n

Mor

eton

Bay

Redl

and

Gol

d Co

ast

Suns

hine

Coa

st S

D

Fras

er C

oast

Cair

ns

Bund

aber

g

Gla

dsto

ne

Mac

kay

Rock

ham

pton

Toow

oom

ba

Tow

nsvi

lle

Average Days On Market - HOUSES

2014* 2015*


-14.0%

-12.0%

-10.0%

-8.0%

-6.0%

-4.0%

-2.0%

0.0%

Average Vendor Discounting - UNITS

2014* 2015*

All figures are preliminary, with the exception of Cairns & Rockhampton previous 12 mths figures, where preliminary figures were not available

Source: REIQ. Data Supplied by CoreLogic RP Data Suburb Scorecards


RENTAL MARKET INDICATORS

RENTAL MARKET INDICATORSRESIDENTIAL VACANCY RATES

AS AT END OF: JUN-15 MAR-15 CHANGE TREND STATUS

GREATER BRISBANE % PTS

BRISBANE SD 2.4% 2.2% 0.2 STEADY TIGHT

BRISBANE CITY 2.7% 2.5% 0.2 STEADY HEALTHY

BRISBANE INNER 3.0% 3.1% -0.2 STEADY HEALTHY

BRISBANE BALANCE 2.4% 2.2% 0.2 STEADY TIGHT

IPSWICH CITY 2.8% 2.4% 0.4 UP HEALTHY

LOGAN CITY 2.8% 2.1% 0.7 UP HEALTHY

MORETON BAY 1.4% 1.3% 0.1 STEADY TIGHT

CABOOLTURE 1.0% 1.5% -0.5 DOWN TIGHT

PINE RIVERS 1.6% 1.0% 0.5 UP TIGHT

REDCLIFFE 1.8% 1.6% 0.2 STEADY TIGHT

REDLAND CITY 2.3% 2.4% -0.1 STEADY TIGHT

MAINLAND 2.2% 2.4% -0.2 STEADY TIGHT

BAY ISLANDS 3.8% N/A N/A N/A WEAK

TOURISM CENTRES % PTS

GOLD COAST CITY 2.3% 1.3% 1.0 UP TIGHT

SUNSHINE COAST SD 1.6% 1.7% -0.1 STEADY TIGHT

SUNSHINE COAST 1.5% 1.9% -0.4 DOWN TIGHT

CALOUNDRA COAST 1.2% 1.0% 0.2 STEADY TIGHT

MAROOCHY COAST 1.2% 1.9% -0.7 DOWN TIGHT

HINTERLAND* 2.3% 2.6% -0.3 DOWN TIGHT

NOOSA 2.2% 1.0% 1.2 UP TIGHT

FRASER COAST 3.8% 2.3% 1.4 UP WEAK

HERVEY BAY 2.8% 2.1% 0.7 UP HEALTHY

MARYBOROUGH 4.6% N/A N/A N/A WEAK

CAIRNS 2.7% 2.4% 0.3 UP HEALTHY

MAJOR REGION AREAS % PTS

BUNDABERG 4.6% 4.1% 0.5 UP WEAK

GLADSTONE 5.2% 3.8% 1.4 UP WEAK

MACKAY 9.1% 9.4% -0.3 DOWN WEAK

ROCKHAMPTON 6.0% 4.4% 1.6 UP WEAK

TOOWOOMBA 3.1% 3.2% -0.1 STEADY HEALTHY

TOWNSVILLE 5.3% 5.9% -0.6 DOWN WEAK

OTHER REGIONAL % PTS

BURDEKIN 5.6% 5.1% 0.5 UP WEAK

GYMPIE 2.1% 2.6% -0.6 DOWN TIGHT

ISAAC 12.5% 17.4% -5.0 DOWN WEAK

LOCKYER VALLEY 2.7% N/A N/A N/A HEALTHY

MOUNT ISA 7.4% 8.6% -1.1 DOWN WEAK

MURWEH 11.1% N/A N/A N/A WEAK

SOUTHERN DOWNS 5.6% N/A N/A N/A WEAK

TABLELANDS 4.2% N/A N/A N/A WEAK

WESTERN DOWNS 13.5% N/A N/A N/A WEAK

WHITSUNDAY 10.5% 13.5% -3.0 DOWN WEAK

GROSS YIELDS HOUSES UNITS

QUARTER: JUN-15 MAR-15 JUN-15 MAR-15

GREATER BRISBANE

BRISBANE CITY 3.6% 3.9% 4.9% 5.0%

IPSWICH CITY 5.0% 4.9% 5.4% 5.2%

LOGAN CITY 5.0% 5.2% 5.9% 6.2%

MORETON BAY 4.5% 4.6% 4.6% 4.8%

REDLAND CITY 4.3% 4.3% 4.5% 4.3%

TOURISM CENTRES

GOLD COAST CITY 4.5% 4.3% 5.6% 5.4%

SUNSHINE COAST 4.5% 4.5% 4.9% 5.1%

NOOSA 4.2% 4.0% 4.5% 4.9%

FRASER COAST 3.8% 4.8% 5.6% 6.9%

CAIRNS 6.2% 5.1% 5.8% 5.2%

MAJOR REGION AREAS

BUNDABERG 5.4% 5.1% 5.5% 5.2%

GLADSTONE 4.1% 4.1% 5.0% 4.5%

MACKAY 4.4% 4.3% 4.2% 4.8%

ROCKHAMPTON 5.1% 5.2% N/A 3.9%

TOOWOOMBA 4.4% 4.6% 4.6% 4.5%

TOWNSVILLE CITY 4.7% 4.9% 4.2% 5.2%

OTHER REGIONAL AREAS

BANANA 5.7% N/A N/A N/A

BURDEKIN 8.1% 5.6% N/A N/A

CASSOWARY COAST 6.4% 6.0% N/A N/A

CENTRAL HIGHLANDS 5.3% 6.2% N/A N/A

CHARTERS TOWERS 8.3% 7.3% N/A N/A

DOUGLAS 4.4% 4.0% 6.8% 6.1%

GOONDIWINDI 6.6% 6.6% N/A N/A

GYMPIE 5.0% 4.9% N/A N/A

HINCHINBROOK N/A N/A N/A N/A

ISAAC 6.3% 6.0% N/A N/A

LIVINGSTONE 4.3% 4.1% 5.3% 6.5%

LOCKYER VALLEY 6.4% 6.0% N/A N/A

MARANOA 6.1% N/A N/A N/A

MAREEBA 6.5% 5.7% N/A N/A

MOUNT ISA 6.8% 6.4% N/A N/A

SCENIC RIM 5.0% 4.1% 4.2% N/A

SOMERSET 5.6% 6.2% N/A N/A

SOUTH BURNETT 6.5% 7.2% N/A N/A

SOUTHERN DOWNS 5.8% 5.8% N/A N/A

TABLELANDS 4.9% 5.2% N/A N/A

WESTERN DOWNS 5.3% 4.7% N/A N/A

WHITSUNDAY 3.8% 3.9% 5.5% 4.6%

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) 2015. Based on data provided with the permission of the Department of Natural Resources and Mines: [QVAS 2015]. 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

Vacancy Trend: Steady = +/- 0 to 0.2%pts Up = +0.3% pts or more Down = -0.3% pts or more * change greater than 0.5 pts

Market Status: TIght <2.5% Healthy 2.5-3.5% Weak >3.5%

Source: REIQ Residential Rental Survey

* change greater than 0.5 pts (yields) or $20 (rents)

41


JUNE QUARTER 2015

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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