2014 reiq market monitor – june quarter

your state-wide property research guide suburb by suburb

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QMM STATE-WIDE COMMENTARY

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Sales activity across Queensland over the June quarter was up across all property types with increases in preliminary sales for house, units and townhouses; and an impressive 37 per cent in vacant land sales.

This increase in sales activity was predominantly recorded in the southeastern corner of the state. The Brisbane Local Government Area led the charge with an increase of 19 per cent, closely followed by Logan, which was up 18 per cent.

Key sales market indicators also point to Brisbane’s unusually robust winter sales being replicated in a number of real estate markets throughout the State amid increasing demand, sales volumes and prices.

SEQ HOUSE MARKET TAKES THE LEAD

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2 QUEENSLAND MARKET MONITOR

HOUSE MARKET

The strongest performing sectors of the Brisbane house market were at opposite ends of the spectrum, with increases in the sub-$350,000 and $1 million price brackets helping the city to its fifth consecutive quarter of growth.

On the Gold and Sunshine Coasts, sales activity remained relatively stable over the quarter amid rebounding confidence in both markets. The Gold Coast median house price rose three per cent to $515,000 over the June quarter, with median prices on the Sunshine Coast up 0.2 per cent to $468,000.

The Gold Coast’s prestige acreage market also had a strong June quarter, while the new smaller council area of Noosa recorded very strong growth, with house sales up 22 per cent.

Toowoomba continued its five year trajectory of growth, with sales activity in the Garden City up five per cent for the June quarter on the back of a thriving local economy and strong buyer activity.

Sales in Queensland’s other two major tourism centres - the Fraser Coast and Cairns - also fared well in the June quarter, with house sales up seven per cent and four per cent respectively.

While the state’s total house sales were up across all price points, the upper end of the market continued to perform strongest. Sales in the million dollar plus price point were up 28 per cent across Queensland, along with an increase of 20 per cent in the $500,000-plus range.

Million dollar sales in the unit market also strengthened, with preliminary sales numbers across Queensland up around 10 per cent.

Some of the best news to emerge is that we are beginning to see markets stabilising in Rockhampton, Gladstone and Mackay.

These three regional centres saw their house markets peak between late 2011 and early 2012. However, sales activity has been slowly decreasing ever since - except for a brief spike in sales when the stamp duty exemption for principal places of residence was reinstated in July 2012.

Rockhampton is faring best of these three regional centres, with some particularly encouraging signs beginning to emerge at the lower end of its house market. Sales volumes in Gladstone recovered in the June quarter, posting a seven per cent increase.

Mackay’s house market recorded the largest decline in sales activity, down 24 per cent compared to the March quarter, while the median house price eased just 2.5 per cent.

Queensland market update 1

State-Wide Summary (cont’d) 2

REIQ Explanatory notes 5

Brisbane market updates

Brisbane City 6

Greater Brisbane 11

Regional market updates

Gold Coast 16

Toowoomba 19

Sunshine Coast 21

Fraser Coast 23

Bundaberg 25

Gladstone 27

Rockhampton 28

Mackay 30

Townsville 32

Cairns 34

Other Regional 36

On The Market Indicators 37

Total Listings

% Stock on Market

Average Vendor Discount

Average Days on Market

Rental Market Indicators 38

Gross rental yields

Residential vacancy rates

TABLE OF CONTENTS

REIQSTATE-WIDE SUMMARY CONTINUED

... we are beginning to see markets stabilising in Rockhampton, Gladstone and Mackay.

3

STATE-WIDE SUMMARY

JUNE QUARTER 2014

SEE PAGE 37 FOR FULL ON THE MARKET STATISTICS BY LOCAL GOVERNMENT AREA

QUEENSLAND - PRICEPOINTS

2865

35762896

299

32183826

3485

383

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

QUEENSLAND HOUSE SALES (p)

MAR 14 JUN 14

(p) Preliminary sales. Source: REIQ, data provided by RP Data.

858

1354 1411

811

107

991

15791713

951

120

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

QUEENSLAND UNIT SALES (p) MAR 14 JUN 14


791

19584 29 4

1122

214112

46 15

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

QUEENSLAND LAND SALES (p) MAR 14 JUN 14



2865

35762896

299

32183826

3485

383

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


MAR 14 JUN 14


858

1354 1411

811

107

991

15791713

951

120

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



791

19584 29 4

1122

214112

46 15

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




2865

35762896

299

32183826

3485

383

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


MAR 14 JUN 14


858

1354 1411

811

107

991

15791713

951

120

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



791

19584 29 4

1122

214112

46 15

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



JUNE QUARTER 2014 HOUSES (<2400) UNITS & TOWNHOUSES VACANT LAND (<2400)

LGA MEDIAN SALE PRICE

QTRLY CHANGE

SALES ACTIVITY TREND

MEDIAN SALE PRICE

QTRLY CHANGE


MEDIAN SALE PRICE

QTRLY CHANGE


SOUTHEAST QLD

BRISBANE (SD) $470,000 2.2% UP $390,000 1.3% UP $215,700 -1.5% UP

BRISBANE CITY $575,000 2.7% UP $417,500 0.6% UP $335,750 4.9% UP

IPSWICH $300,000 -0.6% UP $289,900 26.0% * t UP $175,000 1.7% UP

LOGAN $344,250 -2.2% UP $230,000 1.1% STEADY $195,000 -0.3% UP

MORETON BAY $387,500 1.4% UP $320,000 3.7% UP $215,000 1.6% UP

REDLAND $469,000 2.0% STEADY $335,000 3.9% UP $70,000 75.0% ~ b DOWN

GOLD COAST $515,000 3.0% STEADY $350,000 0.0% UP $235,000 1.7% UP

SUNSHINE COAST # $468,000 0.2% STEADY $348,950 -0.2% STEADY $235,000 2.6% UP

REGIONAL QLD

BUNDABERG $284,000 5.4% ~ STEADY $267,500 14.1% ~ DOWN $144,000 12.9% UP

CAIRNS # $381,000 0.3% STEADY $222,000 5.7% ~ f UP $170,000 -7.1% DOWN

FRASER COAST $285,000 -5.0% ~ UP $255,000 -5.6% ~ STEADY $130,000 -13.3% f UP

GLADSTONE $390,000 -6.6% ~ STEADY $330,000 2.2% STEADY $170,000 -12.8% STEADY

MACKAY $395,000 -2.5% DOWN $305,000 -3.5% * STEADY $193,000 -13.1% UP

ROCKHAMPTON # $316,500 -1.1% DOWN $417,369 45.2% * f STEADY $170,500 N/A ~ UP

TOOWOOMBA $336,000 3.4% UP $272,250 0.8% * STEADY $160,834 -6.5% * UP

TOWNSVILLE $360,000 -1.1% DOWN $270,000 1.9% UP $156,000 -6.0% UP

12MTHS ENDING MAY-14 HOUSES (ALL) UNITS (ALL)

LGA% STOCK

ON MARKET

DAYS ON MARKET

AVERAGE VENDOR

DISCOUNT

SALES MAKING PROFIT

DAYS ON MARKET

AVERAGE VENDOR

DISCOUNTSOUTHEAST QLDBRISBANE CITY 6.4% 59 -5.6% 6.3% 70 -4.9%IPSWICH 6.8% 85 -6.7% 10.5% 132 -6.9%LOGAN 7.1% 77 -5.8% 10.8% 98 -6.7%MORETON BAY 7.3% 74 -5.6% 9.1% 106 -5.8%REDLAND 8.4% 71 -5.7% 9.5% 92 -5.4%GOLD COAST 8.0% 74 -6.1% 9.1% 95 -7.1%SUNSHINE COAST # 9.2% 91 -6.0% 9.7% 107 -6.5%REGIONAL QLDBUNDABERG 8.5% 83 -7.0% 11.1% 125 -7.4%CAIRNS # 6.8% 75 -6.1% 8.0% 101 -7.8%FRASER COAST 9.4% 110 -7.5% 10.7% 133 -7.4%GLADSTONE 7.9% 117 -9.8% 8.3% 130 -11.9%MACKAY 7.4% 91 -8.5% 8.3% 122 -11.1%ROCKHAMPTON # 8.4% 91 -7.7% 10.5% 108 -6.4%TOOWOOMBA 8.5% 64 -4.6% 9.1% 74 -4.3%TOWNSVILLE 7.1% 89 -7.4% 10.5% 126 -9.6%


STATE-WIDE SUMMARY

SEE PAGE 38 FOR FULL RENTAL MARKET STATISTICS BY LOCAL GOVERNMENT AREA

UNIT MARKET

Brisbane unit and townhouse sales are rising strongly, with a steady pipeline of townhouse developments contributing to a 20 per cent rise in sales in the June quarter.

The Gold Coast saw a strong increase in sales, which rose 10 per cent in the June quarter. The Sunshine Coast market is also on an upward spiral, with sales up 39 per cent in the last 12 months. Noosa posted strong growth, with unit and townhouse sales up 31 per cent.

The two standout regions for unit and townhouse sales were Ipswich and Townsville, with sales up 40 per cent and 37 per cent respectively.

Unit and townhouse sales rose on the Fraser Coast, with most activity occurring in the $250,000 to $350,000 price bracket, fuelled by strong demand for waterfront properties.

Bundaberg’s unit and townhouse market eased in the June quarter, with conditions also subdued in Gladstone and Mackay. However, sales in Rockhampton rose two per cent, spurred by sales in the $250,000 to $350,000 price bracket.

Toowoomba unit sales rose three per cent in the June quarter, with Cairns recording healthy sales growth of 17 per cent.

RENTAL MARKET

While SEQ and the tourism centres continue to exhibit tight rental conditions with vacancy rates remaining below the healthy market level of 3.5 per cent, these markets are beginning to show increasing vacancies.

Our regional centres continue to struggle, particularly those in the mining areas where FIFO employees have become an increasing trend, meaning significantly reduced demand for local rental properties. Median rents from the RTA continue to soften in the likes of Gladstone, Rockhampton and Mackay.

Toowoomba however continues record strong property market conditions both in sales and rentals, with increased investor activity reported.

Our tourism centres continue to go from strength to strength and despite increasing activity in their sales markets, their rental markets still remain some of the tightest across the state

Gross yields for a number of regions were down in the June quarter on the back of easing median rents. In Brisbane, strong median house price growth relative to stable median rents, saw the overall gross yield fall to 3.7 per cent.

(-) steady (u) up (d) down * change greater than 0.5 pts

(-) steady (u) up (d) down * change greater than 0.5 pts

(-) steady (u) up (d) down * change greater than $20" Median rents for 2-bed townhouses

STATE-WIDE SUMMARY CONTINUED

VACANCY RATES

LGA 30-JUN-14 TRENDSOUTH EAST QLDBRISBANE CITY 2.4% STEADYIPSWICH CITY 3.0% UPLOGAN CITY 2.8% UPMORETON BAY 1.7% STEADYREDLAND CITY 1.5% STEADYGOLD COAST CITY 1.7% DOWNSUNSHINE COAST# 1.1% STEADYREGIONAL QLDBUNDABERG 4.0% DOWNCAIRNS# 2.0% STEADYFRASER COAST 2.5% STEADYGLADSTONE 5.6% DOWNMACKAY 6.8% DOWNROCKHAMPTON# 4.8% DOWNTOOWOOMBA 1.5% STEADYTOWNSVILLE CITY 5.4% UP

MEDIAN WEEKLY RENTS - JUN-14

LGA 3 BED H 2 BED F 3 BED TSOUTH EAST QUEENSLANDBRISBANE CITY $410 $0 $395 $5 $400 -$5IPSWICH CITY $300 $10 $255 $15 $310 $5LOGAN CITY $335 $5 $265 $15 $335 $10MORETON BAY $340 $10 $270 $0 $330 $0REDLAND CITY $380 $0 $325 $30 $385 $5GOLD COAST CITY $430 $10 $360 $10 $380 $5SUNSHINE COAST# $400 $20 $330 $20 $370 $0REGIONAL QLDBUNDABERG $285 $0 $225 -$5 $300 $20CAIRNS# $350 $20 $275 $10 $250" $0FRASER COAST $280 $10 $240 $15 $310 $10GLADSTONE $330 -$150 $280 -$140 $360 -$160MACKAY $350 -$80 $275 -$75 $370 -$80ROCKHAMPTON $300 -$50 $240 -$30 N.A. N.A.TOOWOOMBA $300 $5 $250 $20 $320 $25TOWNSVILLE CITY# $330 -$10 $270 -$10 $270" -$10

GROSS RENTAL YIELDS - JUN-14

LGA HOUSES UNITSSOUTH EAST QUEENSLANDBRISBANE CITY 3.7% DOWN 4.9% STEADYIPSWICH CITY 5.2% STEADY 4.6% UP*LOGAN CITY 5.1% STEADY 6.0% STEADYMORETON BAY 4.6% STEADY 4.4% DOWNREDLAND CITY 4.2% STEADY 5.0% STEADYGOLD COAST CITY 4.3% STEADY 5.3% STEADYSUNSHINE COAST 4.4% STEADY 4.9% UP*REGIONAL QLDBUNDABERG 5.2% UP 4.4% DOWNCAIRNS 4.8% STEADY 6.4% UP*FRASER COAST 5.1% DOWN 4.9% DOWNGLADSTONE 4.4% STEADY 4.4% N/AMACKAY 4.6% DOWN 4.7% UP*ROCKHAMPTON 4.9% STEADY 3.0% DOWN*TOOWOOMBA 4.6% DOWN 4.8% DOWN*TOWNSVILLE CITY 4.8% STEADY 5.2% DOWN*

5 JUNE QUARTER 2014

REIQ RESEARCH EXPLANATORY NOTESSALES DATA

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

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

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

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

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

(LGA) Local Government Area

Brisbane (SD)

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

# Figures based upon the new council boundaries

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

~Median price changes influenced by varying quality of stock sold

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

fMedian price changes influenced by varying quantities of waterfront properties sold

tMedians affected by varying quantities of townhouses sold

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

Y Median affected by high yielding property sales

1

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

RENTAL DATA

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

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

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

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

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

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

PRICE POINT GRAPHS

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

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

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

GROSS RENTAL YIELDS

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

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

VACANCY RATES

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

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

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

Source: REIQ Residential Rental Survey

ON THE MARKET INDICATORS

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

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

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

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

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

Source: RP Data (www.rpdata.com.au)

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

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

http://www.rpdata.com.au


BRISBANE MARKET UPDATES

HOU

SE PRICEPOIN

TS - PRELIMIN

ARY SALES NU

MBERS

112

722

1401

164166

770

1840

235

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

BRISBANE CITY HOUSE SALES (p) MAR 14 JUN 14

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

973 972

409

18

1154 1157

472

18

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

BRISBANE SURROUNDS HOUSE SALES (p)

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


70

480 490

7765

480548

84

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

GOLD COAST HOUSE SALES (p)

MAR 14 JUN 14


81

437

311

3179

440

346

37

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

SUNSHINE COAST & NOOSA HOUSE SALES (p)

MAR 14 JUN 14


156

217

139

41

9

BUNDABERG HOUSE SALES (p)

MAR 14 JUN 14


143170

58

146

193

64

CAIRNS & DOUGLAS HOUSE SALES (p)

MAR 14 JUN 14


159

48

11

185

4114

FRASER COAST HOUSE SALES (p) MAR 14 JUN 14


21

51

24

43

55

18

GLADSTONE HOUSE SALES (p)

MAR 14 JUN 14


187 184

56

167 174

47

TOWNSVILLE HOUSE SALES (p)

MAR 14 JUN 14


53

114

4056

84

31

MACKAY HOUSE SALES (p) MAR 14 JUN 14


144

78

30

153

68

20

ROCKHAMPTON & LIVINGSTONE HOUSE SALES (p) MAR 14 JUN 14


288

163

39

294

184

60

TOOWOOMBA HOUSE SALES (p) MAR 14 JUN 14


UN

IT PRICEPOIN

TS - PRELIMIN

ARY SALES NU

MBERS

44

330

651

371

3057

363

860

454

45

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

BRISBANE CITY UNIT SALES (p) MAR 14 JUN 14


182207

99

433

197

260

111

465

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

BRISBANE SURROUNDS UNIT SALES (p)



235

447391

241

46

273

520451

290

36

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

GOLD COAST UNIT SALES (p) MAR 14 JUN 14


79

181164

109

23

105

197177

105

27

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

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


18

9

03

9 8

2 2

BUNDABERG UNIT SALES (p) MAR 14 JUN 14


135

55

15 18

137

63

17 14

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


18

9 10

4

21

15

4 3

FRASER COAST UNIT SALES (p) MAR 14 JUN 14


5 5

7

0

6 6 6

3

GLADSTONE UNIT SALES (p) MAR 14 JUN 14


4232

158

60

47

2113

TOWNSVILLE UNIT SALES (p) MAR 14 JUN 14


9

6

9

2

10

75

3

MACKAY UNIT SALES (p) MAR 14 JUN 14


7

11

17

89

1311

6

ROCKHAMPTON & LIVINGSTONE UNIT SALES (p)

MAR 14 JUN 14


4236

14

2

4336

18

7

TOOWOOMBA UNIT SALES (p)

MAR 14 JUN 14


LAND PRICEPO

INTS - PRELIM

INARY SALES N

UM

BERS BY PRICE RANGE

13

59

38

9

43 40 4031

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

BRISBANE CITY LAND SALES (p) MAR 14 JUN 14


53

21

5

71

36

3

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

BRISBANE SURROUNDS LAND SALES (p) MAR 14 JUN 14

Includes IPSWICH, LOGAN, MORETON BAY & REDLAND


64

26

5 6

88

33

816

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

GOLD COAST LAND SALES (p)

MAR 14 JUN 14


50

20 15 10

71

35

2110

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

SUNSHINE COAST & NOOSA LAND SALES (p)

MAR 14 JUN 14


30

1 1

40

1 0

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

BUNDABERG LAND SALES (p)

MAR 14 JUN 14


62

81

56

91

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

CAIRNS & DOUGLAS LAND SALES (p)

MAR 14 JUN 14


42

1 2

57

0 0

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

FRASER COAST LAND SALES (p) MAR 14 JUN 14


14

1 0

16

0 1

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

GLADSTONE LAND SALES (p)

MAR 14 JUN 14


25

71

41

61

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

MACKAY LAND SALES (p) MAR 14 JUN 14


29

1 0

52

50

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

ROCKHAMPTON & LIVINGSTONE LAND SALES (p) MAR 14 JUN 14


36

70

24

2 2

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

TOOWOOMBA LAND SALES (p) MAR 14 JUN 14


44

4 1

84

5 2

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

TOWNSVILLE LAND SALES (p)

MAR 14 JUN 14


BRISBANE CITYOver the June quarter 2014, the Brisbane residential property market recorded a strong increase in sales activity for a second year running.

With June quarter sales numbers typically declining and buyer and vendor activity at its lowest during the cooler months of the year, these results are strong indicators of continued growth in Brisbane’s housing market.

Increasing median prices along with lower days on market and reduced average vendor discounting are further signs that the Brisbane market is into recovery phase.

HOUSE MARKET

In Brisbane’s house market, it was the sub-$350,000 price bracket that was the star performer, up 48 per cent, with the million-dollar-plus price bracket coming second, up 43 per cent. In sales volumes terms however, the $500,000-plus bracket continues to account for the majority of sales (about 60 per cent) and was up 30 per cent compared to the March quarter.

Brisbane’s overall median house sale price was up 2.7 per cent to $575,000. Since holding steady over the previous few years, Brisbane’s median house price has been trending upwards for five consecutive quarters now, with this June quarter being the second strongest increase to date.

Days on market for houses are down from an average 90 twelve months ago to 59 for the year ending May, making the Brisbane house market the fastest selling of all major regions.

Top performing suburbs were mixed with the likes of Camp Hill, Paddington and Inala topping the list with over 20 extra house sales compared to the March quarter.

Demand for prestige property isn’t limited to the riverside suburbs, with acreage sales seeing the suburbs of Burbank and Chandler break the million dollar mark. Only five suburbs in Brisbane recorded a median over $1 million for the year ending June.

UNIT MARKET

Brisbane’s unit and townhouse market, which typically lags the house market by around six months, has now joined the rising market with preliminary sales numbers up 20 per cent over the June quarter.

Strong sales activity was recorded in the $350,000-plus and sub-$250,000 price points, which were both up around 30 per cent, while the million-dollar-plus market saw 45 preliminary sales recorded, up from 30 during the March quarter.

While the inner city apartment market has attracted a lot of attention, top sales activity over the year to June was largely found outside of inner Brisbane with eight out of the ten top performing suburbs located in the middle to outer ring suburbs.

The high-rise unit market in Chermside continues to grow in popularity while new townhouse complexes at Wynnum West, Carina and Nundah have contributed to strong sales volumes.

Meanwhile the acreage suburb of Ellen Grove recorded strong sales in a new townhouse development, a sign that infill development is likely to become an increasing trend as developable land close to the CBD becomes scarce.

RENTAL MARKET

At the end of June Brisbane’s rental market recorded a vacancy rate or 2.4 per cent, up slightly from the end of March.

Inner Brisbane’s vacancy rate was up 0.3 percentage points to 3.4 per cent, with listings spending more than 4 weeks on the market and less than 2 applicants per rental listing. Meanwhile Brisbane’s middle to outer suburbs tightened slightly to 1.7 per cent, with time on market largely 2 to 4 weeks and 2 to 5 applicants per listing.

Demand for rental properties outside of the inner city is said to be largely driven by affordability issues which are seeing more tenants move further out, which on top of the increased investor activity is adding to the available rental stock in the inner suburbs.

7 JUNE QUARTER 2014


JAMBOREE HEIGHTS 11 $470,000 N/A $437,500 9.4% 5.9%

JINDALEE 20 $483,250 5.6% $470,000 1.0% 4.8%

KANGAROO POINT 9 N/A N/A $725,000 12.4% 12.2%

KARANA DOWNS 7 N/A N/A $384,000 -4.0% -0.3%

KARANA DOWNS ^ 4 N/A N/A $453,000 0.7% 0.1%

KEDRON ~ 31 $640,000 7.6% $600,000 17.4% 25.0%

KELVIN GROVE 15 $713,500 N/A $695,000 8.6% 13.8%

KENMORE 35 $565,000 -4.2% $570,000 6.9% 16.1%

KENMORE HILLS 5 N/A N/A $663,500 N/A N/A

KEPERRA 19 $439,000 -2.4% $433,000 6.9% 8.6%

KURABY 20 $553,250 -0.3% $570,000 7.5% 17.5%

LOTA 19 $525,000 N/A $510,500 -3.7% 14.2%

MACGREGOR 16 $615,000 1.3% $587,500 11.4% 23.7%

MACKENZIE 4 N/A N/A $641,944 4.8% N/A

MANLY ~ 7 N/A N/A $670,000 16.5% 17.6%

MANLY WEST ~ 34 $483,750 -6.1% $486,250 4.6% 8.1%

MANSFIELD 32 $585,000 3.5% $536,750 12.6% 21.4%

MCDOWALL 16 $589,750 -4.1% $556,000 0.2% 12.4%

MIDDLE PARK 12 $540,000 N/A $525,000 7.4% 9.4%

MITCHELTON 27 $541,000 -2.3% $540,500 7.0% 16.2%

MOGGILL 11 $515,000 N/A $506,250 4.4% 8.9%

MOOROOKA 40 $550,000 3.8% $525,000 5.2% 15.5%

MORNINGSIDE ~ 38 $619,000 -7.6% $620,000 6.0% 22.5%

MOUNT CROSBY ^ 4 N/A N/A $550,000 10.0% 6.8%

MOUNT GRAVATT ~ 20 $554,500 -7.6% $555,000 12.1% 18.5%

MOUNT GRAVATT EAST 30 $540,000 -5.4% $535,000 13.8% 24.4%

MOUNT OMMANEY 4 N/A N/A $765,000 N/A N/A

MURARRIE 9 N/A N/A $535,000 13.8% 17.6%

NEW FARM ~ 20 $1,300,000 17.6% $1,250,000 28.9% 44.9%

NEWMARKET 10 $899,500 N/A $717,500 7.7% 17.2%

NORMAN PARK 25 $770,893 8.0% $732,500 9.3% 18.1%

NORTHGATE ~ 18 $620,000 12.5% $553,000 6.3% 15.8%

NUDGEE ~ 25 $570,000 15.7% $553,500 6.4% 22.5%

NUNDAH ~ 16 $707,500 15.9% $618,000 1.3% 23.7%

OXLEY 27 $475,000 6.7% $460,000 4.5% 12.2%

PADDINGTON ~ 44 $890,000 -10.1% $890,000 13.2% 33.8%

PARKINSON 26 $547,500 -0.5% $549,000 7.5% 18.4%

PULLENVALE ^ ~ 6 N/A N/A $918,000 -2.9% -10.9%

RED HILL 22 $730,000 2.8% $720,000 9.7% 15.7%

RIVERHILLS 16 $432,000 N/A $432,000 5.6% 8.3%

ROBERTSON ~ 11 $695,000 -11.4% $710,000 -1.8% 15.3%

ROCHEDALE 5 N/A N/A $742,000 N/A N/A

ROCKLEA 6 N/A N/A $335,000 11.7% -6.4%

RUNCORN 34 $518,000 7.4% $463,100 7.1% 14.3%

SALISBURY 19 $500,000 3.1% $475,000 9.5% 15.9%

SANDGATE ~ f 18 $471,000 -24.0% $560,000 9.8% 21.7%

SEVEN HILLS 11 $717,000 N/A $641,000 7.1% 23.3%

SEVENTEEN MILE ROCKS ~ 10 $487,500 -22.8% $607,000 12.0% 34.1%

SHERWOOD ~ 18 $770,000 21.8% $725,500 5.6% 9.9%

SHORNCLIFFE ~ 4 N/A N/A $730,000 17.7% 14.1%

SINNAMON PARK 9 N/A N/A $580,000 3.2% 0.9%

SPRING HILL ~ 10 $1,025,000 N/A $928,500 15.0% N/A

ST LUCIA 13 $908,000 N/A $970,000 8.2% 19.7%

STAFFORD 33 $545,000 9.0% $500,000 10.6% 11.1%

STAFFORD HEIGHTS 32 $492,500 -0.7% $496,000 9.3% 15.9%

STRETTON ~ 11 $675,000 -20.7% $675,000 2.5% 8.2%

SUNNYBANK 36 $601,000 -1.9% $595,000 14.0% 19.0%

SUNNYBANK HILLS ~ 47 $622,000 12.1% $550,500 12.3% 28.0%

TAIGUM 5 N/A N/A $437,500 2.2% 6.1%

TARINGA 9 N/A N/A $770,000 2.9% 10.2%

TARRAGINDI 31 $593,125 3.1% $585,000 6.4% 17.0%

THE GAP 53 $555,000 -2.6% $567,250 3.8% 14.0%

TINGALPA 27 $468,000 6.6% $450,000 3.4% 8.4%

TOOWONG 12 $675,000 -1.3% $706,000 4.6% -2.6%

UPPER KEDRON 15 $540,000 -1.9% $535,000 1.9% 4.9%

UPPER MOUNT GRAVATT 38 $542,500 4.5% $520,000 14.9% 21.6%

VIRGINIA 16 $490,000 N/A $487,000 14.6% 18.8%

WAKERLEY ~ 27 $655,000 -8.5% $655,000 4.0% 17.0%

WAVELL HEIGHTS 43 $575,000 7.3% $550,000 5.8% 17.8%

SALES MARKET - HOUSES

SUBURBNUMBER OF SALES

JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE

BRISBANE CITY (LGA) 3,183 $575,000 2.7% $560,000 7.7% 17.9%

BRISBANE CITY (LGA) ^ ~ 76 $870,500 10.5% $875,000 2.9% 2.9%

ACACIA RIDGE 22 $335,000 3.7% $321,000 8.8% 1.9%

ALBION 8 N/A N/A $696,000 N/A N/A

ALDERLEY 15 $688,300 4.7% $650,000 5.6% 21.2%

ALGESTER 33 $453,000 5.2% $435,500 8.2% 12.0%

ANNERLEY ~ 24 $692,500 1.1% $630,000 18.9% 19.3%

ASCOT ~ 18 $1,185,000 N/A $1,147,500 18.5% 5.5%

ASHGROVE 32 $752,000 -4.2% $770,000 9.6% 22.7%

ASPLEY 48 $533,000 6.8% $515,000 8.4% 15.7%

AUCHENFLOWER 8 N/A N/A $831,000 -3.1% 12.3%

BALD HILLS 17 $381,000 -2.0% $379,000 5.6% 3.0%

BALMORAL 12 $930,000 2.2% $875,000 11.8% 11.8%

BANYO 23 $418,500 -2.1% $430,000 8.3% 12.9%

BARDON 36 $903,000 9.1% $800,000 9.0% 19.0%

BELLBOWRIE ~ 20 $427,000 -11.8% $450,000 6.5% 5.8%

BELMONT 8 N/A N/A $550,000 5.3% 2.8%

BOONDALL 34 $425,000 -0.7% $420,000 5.0% 3.7%

BRACKEN RIDGE 54 $412,500 0.6% $418,000 3.2% 3.7%

BRIDGEMAN DOWNS 25 $697,500 -4.5% $689,500 6.1% 14.9%

BRIGHTON 40 $440,000 3.5% $425,000 3.7% 10.4%

BULIMBA ~ 24 $1,135,000 -9.9% $1,058,500 16.3% 34.8%

BURBANK ^ 5 N/A N/A $1,025,000 N/A N/A

CALAMVALE ~ 34 $588,000 10.9% $548,000 7.5% 15.4%

CAMP HILL ~ 56 $672,022 -0.4% $717,000 15.6% 30.4%

CANNON HILL ~ 26 $700,000 10.2% $636,086 15.7% 32.0%

CARINA 30 $535,000 2.9% $536,000 9.9% 16.5%

CARINA HEIGHTS 9 N/A N/A $574,000 9.9% 23.4%

CARINDALE 42 $716,500 7.7% $730,000 12.5% 17.4%

CARSELDINE 16 $560,000 7.7% $530,000 3.4% 7.3%

CHANDLER ^ 5 N/A N/A $1,340,000 N/A N/A

CHAPEL HILL 28 $659,250 -5.6% $655,000 7.6% 12.0%

CHELMER ~ f 12 $1,215,000 86.9% $800,000 -15.6% 15.1%

CHERMSIDE ~ 22 $570,000 17.5% $505,300 10.3% 17.0%

CHERMSIDE WEST 20 $477,000 8.4% $470,000 9.3% 7.8%

CLAYFIELD 24 $950,000 4.7% $890,000 11.3% 21.1%

COOPERS PLAINS 21 $478,000 N/A $470,000 11.9% 19.0%

COORPAROO 36 $720,000 2.1% $697,500 9.8% 21.1%

CORINDA 8 N/A N/A $556,000 4.4% -5.8%

DARRA 16 $355,000 N/A $340,000 8.3% 1.1%

DEAGON 16 $420,000 9.9% $370,000 -5.0% 3.6%

DOOLANDELLA 6 N/A N/A $411,000 13.2% 17.6%

DREWVALE ~ 15 $515,000 11.5% $471,000 0.2% 7.4%

DURACK 14 $346,500 -3.4% $358,650 13.3% 7.1%

EAST BRISBANE 19 $727,500 N/A $689,000 4.2% 13.0%

EIGHT MILE PLAINS 43 $635,000 -2.5% $640,000 11.9% 21.9%

ENOGGERA 16 $570,000 -1.7% $575,000 3.5% 13.4%

EVERTON PARK 38 $524,170 1.6% $501,000 6.1% 16.5%

FAIRFIELD ~ 10 $700,000 N/A $631,000 16.3% 8.8%

FERNY GROVE 13 $575,000 3.6% $539,500 13.0% 15.4%

FIG TREE POCKET ~ 12 $820,000 -6.3% $855,000 13.2% 43.5%

FITZGIBBON 17 $416,500 N/A $399,500 6.5% -3.7%

FOREST LAKE 88 $419,000 4.4% $394,000 3.7% 6.5%

GAYTHORNE 7 N/A N/A $545,000 -1.6% 4.3%

GEEBUNG ~ 25 $476,000 -3.1% $460,000 16.5% 13.6%

GORDON PARK 13 $737,500 N/A $655,000 9.2% 14.7%

GRACEVILLE 21 $651,000 0.2% $700,000 -2.1% 16.7%

GRANGE ~ 17 $860,000 17.0% $750,000 11.9% 21.0%

GREENSLOPES 17 $640,000 0.0% $637,500 13.8% 24.5%

HAMILTON ~ f 18 $872,500 N/A $970,000 -32.2% -19.2%

HAWTHORNE ~ 24 $1,133,500 14.8% $1,000,000 19.0% 44.9%

HEATHWOOD 7 N/A N/A $537,000 -5.0% 7.4%

HEMMANT 7 N/A N/A $413,500 8.2% 3.2%

HENDRA ~ 30 $870,000 16.0% $822,000 14.8% 25.4%

HIGHGATE HILL 11 $812,000 N/A $814,000 7.1% 8.5%

HOLLAND PARK 28 $597,500 2.1% $580,000 10.5% 18.2%

HOLLAND PARK WEST ~ 27 $605,250 11.1% $575,000 5.2% 12.7%

INALA 40 $290,000 1.8% $287,000 4.4% -1.0%

INDOOROOPILLY 32 $680,000 9.7% $700,000 -1.8% 13.8%

SALES MARKET - HOUSES (CONT’D)


JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE



HAWTHORNE 9 N/A N/A $490,000 3.2% 17.5%

HENDRA 5 N/A N/A $500,000 N/A N/A

HERSTON 7 N/A N/A $420,000 N/A N/A

HIGHGATE HILL ~ f 18 $490,000 -19.7% $508,000 2.6% 14.8%

HOLLAND PARK WEST 8 N/A N/A $366,000 N/A 6.1%

INDOOROOPILLY ~ t 20 $422,000 -10.2% $440,000 3.5% 4.8%

KANGAROO POINT 63 $483,000 6.2% $500,000 5.5% 19.0%

KEDRON * 11 $337,500 -0.7% $347,000 6.5% 8.4%

KELVIN GROVE 32 $470,000 3.8% $499,500 -0.1% 12.2%

KURABY 5 N/A N/A $292,250 0.9% -4.2%

LUTWYCHE * 13 $335,000 -11.8% $380,000 -14.6% 13.4%

MANLY WEST * t 6 N/A N/A $347,000 -13.2% -11.7%

MCDOWALL 7 N/A N/A $411,000 9.6% 7.2%

MILTON 5 N/A N/A $488,000 0.1% 1.7%

MITCHELTON 4 N/A N/A $367,000 N/A 6.4%

MOOROOKA t 27 $380,000 10.9% $367,500 0.8% 12.0%

MORNINGSIDE 28 $486,000 4.6% $467,500 8.1% 11.3%

MOUNT GRAVATT EAST 17 $381,000 -4.0% $390,000 -4.2% 10.3%

NEW FARM ~ 46 $536,000 -8.5% $549,500 14.5% 25.2%

NEWMARKET ~ 6 N/A N/A $455,000 15.9% 13.8%

NEWSTEAD ~ f 16 $845,000 12.8% $765,000 25.7% 40.1%

NORMAN PARK 5 N/A N/A $491,000 6.7% 4.9%

NORTHGATE ~ t 1 N/A N/A $350,000 -9.1% -3.4%

NUNDAH * ~ t 54 $375,500 -7.6% $415,000 5.1% 2.3%

PADDINGTON ~ * t 25 $484,901 35.4% $485,106 -7.0% 12.2%

RED HILL 6 N/A N/A $409,500 N/A 6.4%

RICHLANDS * t 8 N/A N/A $337,000 0.6% N/A

ROCHEDALE 9 N/A N/A $392,000 1.2% N/A

RUNCORN 30 $322,500 -0.5% $337,000 -1.5% 5.0%

SHERWOOD 13 $442,500 -1.7% $440,000 5.1% 3.5%

SOUTH BRISBANE * 19 $475,000 -2.5% $485,000 7.2% 21.3%

SPRING HILL ~ 27 $435,000 12.4% $380,000 -1.3% 0.7%

ST LUCIA ~ 30 $435,000 -9.1% $472,500 -1.2% 7.4%

STAFFORD 8 N/A N/A $400,000 -1.2% 14.9%

SUNNYBANK HILLS ~ t 8 N/A N/A $322,500 -10.7% -4.9%

TAIGUM ~ t 29 $385,000 13.2% $376,500 18.6% 17.7%

TARINGA 24 $382,750 -3.1% $397,250 -5.4% 4.5%

TENERIFFE ~ f 42 $642,750 -1.1% $620,000 12.8% 17.0%

TENNYSON 3 N/A N/A $940,000 N/A N/A

THE GAP 7 N/A N/A $449,000 N/A 7.0%

TINGALPA 9 N/A N/A $327,800 2.0% 5.1%

TOOWONG ~ 31 $428,000 -5.9% $435,000 3.6% 13.0%

UPPER MOUNT GRAVATT 8 N/A N/A $363,500 3.9% -9.1%

WAKERLEY 5 N/A N/A $429,950 0.0% N/A

WAVELL HEIGHTS 3 N/A N/A $416,500 N/A -0.8%

WEST END * f 28 $610,000 28.4% $549,900 5.5% -2.0%

WINDSOR ~ 20 $385,000 -6.7% $408,500 2.8% 20.1%

WISHART 10 $366,000 N/A $362,500 7.0% 5.1%

WOOLLOONGABBA 21 $405,000 N/A $400,000 -3.6% 8.1%

WOOLOOWIN 7 N/A N/A $380,000 5.7% 16.2%

WYNNUM 12 $350,000 N/A $351,000 -5.4% -2.5%

WYNNUM WEST * ~ t 32 $394,000 N/A $381,000 27.0% 22.9%

YEERONGPILLY 9 N/A N/A $406,000 5.0% 1.5%

YERONGA 15 $382,000 1.9% $409,000 -3.2% -0.7%

ZILLMERE ~ 24 $333,250 -5.5% $340,000 -7.2% 1.3%

SALES MARKET - UNITS & TOWNHOUSES

SALES MARKET - UNITS & TOWNHOUSES (CONT’D)


JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE



JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE

WEST END ~ 12 $950,000 N/A $910,000 15.6% 26.4%

WESTLAKE ~ 14 $560,000 -16.4% $630,000 9.9% 19.3%

WILSTON 16 $859,500 -5.8% $835,600 -3.2% 16.9%

WINDSOR 9 N/A N/A $700,000 6.1% 12.9%

WISHART ~ 23 $565,500 -9.2% $550,000 3.8% 13.1%

WOOLLOONGABBA 7 N/A N/A $627,500 4.6% 6.4%

WOOLOOWIN ~ 17 $681,500 -13.2% $750,000 11.1% 29.3%

WYNNUM 66 $527,500 3.4% $525,000 5.0% 11.7%

WYNNUM WEST 43 $490,000 5.0% $460,000 8.7% 3.8%

YERONGA 15 $650,000 N/A $655,000 3.8% 0.8%

ZILLMERE 26 $395,500 -4.0% $403,000 11.9% 10.4%

BRISBANE CITY (LGA) 1,827 $417,500 0.6% $415,000 4.6% 9.2%

ALBION ~ * 9 N/A N/A $445,000 -19.1% 15.6%

ALDERLEY ~ 4 N/A N/A $440,000 11.4% 19.6%

ALGESTER 7 N/A N/A $297,000 2.4% -4.2%

ANNERLEY * t 26 $445,000 -10.4% $400,000 5.6% 14.6%

ASCOT 20 $446,000 6.2% $412,250 7.2% 8.8%

ASHGROVE ~ t 15 $430,750 -8.4% $420,500 2.2% 10.4%

ASPLEY 12 $399,000 N/A $375,000 5.5% 5.3%

AUCHENFLOWER 24 $471,500 2.3% $469,500 4.6% 4.9%

BALMORAL 3 N/A N/A $483,750 -7.0% 16.9%

BOONDALL * t 12 $394,000 N/A $392,000 N/A N/A

BOWEN HILLS 13 $422,000 -4.4% $434,000 9.9% 4.2%

BRACKEN RIDGE 9 N/A N/A $319,500 3.1% -8.6%

BRIGHTON 1 N/A N/A $407,500 N/A N/A

BRISBANE CITY * 148 $525,000 2.9% $500,000 8.9% 17.4%

BULIMBA ~ f 19 $560,000 13.1% $566,000 -1.6% 16.1%

CALAMVALE 22 $348,000 5.5% $363,394 -1.2% 2.4%

CAMP HILL ~ t 5 N/A N/A $429,000 -12.7% 10.0%

CARINA * t 30 $395,000 -4.8% $428,250 9.8% 7.9%

CARINA HEIGHTS ~ * 16 $450,000 0.2% $445,000 4.7% 2.9%

CARINDALE 8 N/A N/A $408,000 -0.5% -19.2%

CARSELDINE 7 N/A N/A $370,000 -3.2% 5.7%

CHERMSIDE * 32 $390,500 -5.3% $395,000 0.6% -2.5%

CLAYFIELD 36 $411,000 5.4% $383,250 8.0% 9.5%

COOPERS PLAINS 4 N/A N/A $386,000 -6.9% N/A

COORPAROO 39 $401,000 1.1% $396,500 8.0% 15.6%

CORINDA 5 N/A N/A $385,000 5.5% -6.1%

DOOLANDELLA 1 N/A N/A $348,500 -0.3% N/A

DURACK 5 N/A N/A $350,000 -0.4% N/A

DUTTON PARK ~ 1 N/A N/A $502,000 20.2% N/A

EAST BRISBANE ~ 22 $420,000 10.5% $407,500 -6.5% 16.1%

EIGHT MILE PLAINS ~ t 28 $369,000 -8.3% $383,000 2.1% 6.4%

ELLEN GROVE * t 12 $346,000 N/A $346,000 N/A N/A

ENOGGERA 4 N/A N/A $420,000 7.7% 12.4%

EVERTON PARK t 43 $425,000 10.5% $404,000 -3.8% 17.5%

FAIRFIELD * 9 N/A N/A $340,000 -19.4% -11.7%

FORTITUDE VALLEY ~ 45 $500,000 17.1% $430,000 3.6% 8.9%

GAYTHORNE * t 7 N/A N/A $405,000 2.5% 22.2%

GORDON PARK ~ 6 N/A N/A $376,000 11.6% 9.0%

GREENSLOPES ~ 26 $356,500 -4.3% $372,500 10.9% 4.9%

HAMILTON 28 $490,000 -3.4% $505,000 1.0% 17.4%

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9 JUNE QUARTER 2014


4115 ALGESTER $375 24 $380 32

4116 CALAMVALE $400 18 $400 17

SOUTH EAST - INNER $450 246 $450 304

4151 COORPAROO $480 37 $475 43

4152 CAMP HILL $435 95 $435 108

4170 CANNON HILL $460 61 $450 89

4171 BALMORAL $510 38 $540 46

4172 MURARRIE $410 15 $400 18

SOUTH EAST - OUTER $415 50 $420 32

4153 BELMONT $445 7 $440 5

4154 GUMDALE $470 6 N.A. 3

4173 TINGALPA $405 26 $450 15

4174 HEMANT $360 8 $400 7

SOUTH WEST - INNER $430 98 $420 106

4068 CHELMER $450 43 $450 43

4075 CORINDA $400 55 $415 63

SOUTH WEST - OUTER $360 294 $350 333

4069 BROOKFIELD $500 31 $430 48

4070 ANSTEAD $380 11 $360 13

4073 SEVENTEEN MILE ROCKS $390 14 $400 11

4074 JINDALEE $395 65 $400 53

4076 DARRA $340 33 $330 29

4077 DOOLANDELLA $320 57 $310 86

4078 FOREST LAKE $360 83 $350 93

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

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



RENTAL MARKET - 2 BED UNITS

SALES MARKET - VACANT LAND


JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE

BRISBANE CITY (LGA) $410 2,599 $410 2,730

BAYSIDE $420 135 $400 132

4178 WYNNUM $415 88 $400 77

4179 MANLY $420 47 $400 55

CITY INNER $550 199 $525 207

4000 BRISBANE CITY $550 14 $550 17

4005 NEW FARM $600 20 $720 13

4006 BOWEN HILLS $580 9 $595 9

4064 PADDINGTON $590 54 $550 44

4066 TOOWONG $500 37 $500 33

4067 ST LUCIA $510 12 $465 9

4101 WEST END $600 18 $550 39

4102 WOOLOONGABBA $460 12 $480 20

4169 EAST BRISBANE $530 23 $520 23

NORTH - INNER $450 268 $450 299

4007 ASCOT $570 20 $530 27

4011 CLAYFIELD $550 27 $575 30

4012 NUNDAH $400 54 $425 63

4030 LUTWYCHE $465 51 $460 43

4031 GORDON PARK $445 39 $420 51

4051 ALDERLEY $445 75 $450 75

NORTH - OUTER $390 359 $380 378

4013 NORTHGATE $410 10 $440 15

4014 VIRGINIA $400 29 $390 33

4017 BRACKEN RIDGE $380 113 $375 114

4018 FITZGIBBON $390 38 $385 22

4032 CHERMSIDE $390 46 $375 57

4034 ASPLEY $400 112 $390 117

4036 BALD HILLS $380 11 $350 20

NORTH WEST - INNER $510 117 $500 104

4059 KELVIN GROVE $525 51 $550 39

4060 ASHGROVE $500 44 $470 37

4065 BARDON $500 22 $495 28

NORTH WEST - OUTER $410 220 $400 226

4053 STAFFORD $400 142 $400 146

4054 ARANA HILLS $400 43 $400 53

4061 THE GAP $440 35 $450 27

SOUTH - INNER $430 334 $415 311

4103 ANNERLEY $430 38 $430 32

4104 YERONGA $450 10 $450 15

4105 MOOROOKA $410 40 $405 37

4120 GREENSLOPES $450 26 $480 21

4121 HOLLAND PARK $430 74 $430 82

4122 MANSFIELD $410 143 $400 122

SOUTH - OUTER $380 279 $375 298

4107 SALISBURY $400 20 $385 33

4108 COOPERS PLAINS $385 19 $355 16

4109 MACGREGOR $390 84 $390 81

4110 ACACIA RIDGE $350 55 $350 41

4112 KURABY $380 11 $350 9

4113 EIGHT MILE PLAINS $385 44 $380 52

BRISBANE CITY $395 3,945 $390 3,852

BAYSIDE $320 46 $320 48

4178 WYNNUM $320 30 $310 31

4179 MANLY $310 16 $350 17

CITY INNER $495 1,588 $490 1,516

4000 BRISBANE CITY $580 345 $600 283

4005 NEW FARM $500 270 $520 249

4006 BOWEN HILLS $495 242 $495 215

4064 PADDINGTON $390 49 $400 60

4066 TOOWONG $390 163 $390 194

4067 ST LUCIA $400 71 $430 87

4101 WEST END $510 257 $490 209

4102 WOOLOONGABBA $460 49 $425 55

4169 EAST BRISBANE $465 142 $470 158

NORTH - INNER $355 812 $350 785

4007 ASCOT $400 142 $380 124

4010 ALBION $375 28 $380 24

4011 CLAYFIELD $350 148 $350 138

4012 NUNDAH $360 190 $360 175

4030 LUTWYCHE $345 112 $345 108

4031 GORDON PARK $320 72 $335 67

4051 ALDERLEY $350 120 $350 149

NORTH - OUTER $340 224 $340 237

4013 NORTHGATE $310 25 $300 30

4014 VIRGINIA $280 8 $350 11

4017 BRACKEN RIDGE $290 16 $295 22

4018 FITZGIBBON $320 9 N.A. 2

4032 CHERMSIDE $360 86 $390 94

4034 ASPLEY $350 80 $320 78

NORTH WEST - INNER $400 140 $395 115

4059 KELVIN GROVE $410 98 $420 79

4060 ASHGROVE $400 37 $360 31

4065 BARDON $360 5 $330 5

NORTH WEST - OUTER $390 82 $340 72

4053 STAFFORD $390 80 $350 69

SOUTH - INNER $360 379 $350 398

4103 ANNERLEY $350 99 $335 99

4104 YERONGA $350 28 $340 40

4105 MOOROOKA $330 51 $370 49

4120 GREENSLOPES $360 78 $350 91

4121 HOLLAND PARK $350 31 $330 38

4122 MANSFIELD $390 88 $390 76

BRISBANE CITY (LGA) 154 $335,750 4.9% $304,950 4.6% 11.7%

BRISBANE CITY (LGA) ^ ~ 12 $737,500 N/A $690,000 -8.0% 50.0%

BRIDGEMAN DOWNS * 8 N/A N/A $383,500 9.1% 27.8%

BRIGHTON * 1 N/A N/A $280,000 N/A N/A

CARSELDINE ~ 4 N/A N/A $347,500 12.6% 27.3%

DOOLANDELLA 2 N/A N/A $247,000 7.4% 9.8%

FITZGIBBON * 27 $170,300 N/A $194,900 15.4% N/A

HEATHWOOD * 1 N/A N/A $265,000 N/A 10.9%

KURABY 2 N/A N/A $324,200 -1.0% -0.6%

MOGGILL ~ 14 $252,500 -6.5% $260,000 6.1% 10.6%

OXLEY * 2 N/A N/A $285,000 1.8% 16.3%

ROCHEDALE ~ 2 N/A N/A $409,000 12.8% N/A

UPPER KEDRON 4 N/A N/A $295,000 -3.3% N/A

WYNNUM 6 N/A N/A $320,000 N/A N/A



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


SOUTH - OUTER $310 43 $300 50

4107 SALISBURY $300 7 $295 7

4108 COOPERS PLAINS $315 6 N.A. 3

4109 MACGREGOR $345 15 $385 18

SOUTH EAST - INNER $370 368 $370 380

4151 COORPAROO $360 141 $350 150

4152 CAMP HILL $375 34 $360 47

4170 CANNON HILL $380 93 $365 94

4171 BALMORAL $400 98 $450 87


4173 TINGALPA $350 6 $310 6

SOUTH WEST - INNER $380 239 $370 228

4068 CHELMER $380 207 $380 181

4075 CORINDA $320 32 $330 47

SOUTH WEST - OUTER $325 18 $300 16

4078 FOREST LAKE $340 11 $340 8

BRISBANE CITY $400 1,510 $405 1,309

BAYSIDE $400 101 $390 100

4178 WYNNUM $400 68 $390 40

4179 MANLY $410 33 $390 60

CITY INNER $560 51 $580 42

4000 BRISBANE CITY $675 6 N.A. 1

4005 NEW FARM $560 5 N.A. 4

4006 BOWEN HILLS $610 5 $525 5

4066 TOOWONG $490 8 $560 7

4067 ST LUCIA $450 8 N.A. 3

4101 WEST END $575 9 $695 10

NORTH - INNER $450 97 $460 82

4007 ASCOT $550 8 $620 5

4011 CLAYFIELD $590 13 $570 19

4012 NUNDAH $445 23 $435 18

4030 LUTWYCHE $425 7 $475 5

4031 GORDON PARK $450 17 $450 13

4051 ALDERLEY $425 29 $435 21

NORTH - OUTER $385 208 $380 160

4013 NORTHGATE $450 9 $410 14

4017 BRACKEN RIDGE $365 42 $365 33

4018 FITZGIBBON $320 42 $370 30

4032 CHERMSIDE $435 20 $430 22

4034 ASPLEY $395 88 $385 46

4036 BALD HILLS $360 7 $350 15

NORTH WEST - INNER $490 14 $550 17

4060 ASHGROVE $460 5 $499 7

4065 BARDON $550 6 N.A. 3

NORTH WEST - OUTER $430 59 $410 47

4053 STAFFORD $430 47 $410 35

4054 ARANA HILLS $395 5 $385 7

4061 THE GAP $500 7 $435 5

SOUTH - INNER $450 126 $430 106

4103 ANNERLEY $520 31 $450 16

4104 YERONGA $475 16 $450 9

4105 MOOROOKA $410 18 $440 19

4120 GREENSLOPES $490 8 $460 12

4121 HOLLAND PARK $455 9 $430 12

4122 MANSFIELD $420 44 $410 38

SOUTH - OUTER $385 335 $390 286

4107 SALISBURY $380 6 $485 8

4109 MACGREGOR $400 51 $400 49

4110 ACACIA RIDGE $340 43 N.A. 4

4112 KURABY $380 17 $365 11

4113 EIGHT MILE PLAINS $400 105 $400 100

4115 ALGESTER $370 35 $370 34

4116 CALAMVALE $380 76 $380 75

SOUTH EAST - INNER $475 193 $470 215

4151 COORPAROO $495 17 $495 14

4152 CAMP HILL $445 98 $440 106

4170 CANNON HILL $480 56 $480 65

4171 BALMORAL $570 16 $575 24

4172 MURARRIE $480 6 $465 6


4153 BELMONT $430 12 N.A. 2

4154 GUMDALE $415 29 $415 35

4173 TINGALPA $390 21 $380 18

SOUTH WEST - INNER $430 66 $430 66

4068 CHELMER $505 21 $510 20

4075 CORINDA $400 45 $400 46

SOUTH WEST - OUTER $355 196 $360 133

4073 SEVENTEEN MILE ROCKS $425 6 $410 12

4074 JINDALEE $390 18 $400 17

4076 DARRA $350 6 N.A. 4

4077 DOOLANDELLA $355 121 $355 80

4078 FOREST LAKE $355 42 $350 14

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


DID YOU KNOW?

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

WWW.RTA.QLD.GOV.AU

Increasing median prices along with lower days on market and reduced average vendor discounting are further signs that the Brisbane market is into recovery phase

11 JUNE QUARTER 2014


Heading into Spring, the greater Brisbane area looks set to build on the strong sales momentum of the June quarter. There were increases in both house and unit sales volumes in greater Brisbane, with shorter days on market compared to a year ago.

Median sales price growth varied across the region, with some sectors of the market recording growth. Others recorded easing median sale prices on the back of increased activity at the affordable end of the market.

HOUSE MARKET

Over the June quarter 2014 the Brisbane statistical division recorded 2.2 per cent growth in its median house price to $470,000, driven by strong sales on the city’s outskirts.

Ipswich, Logan and Moreton Bay all recorded increased sales activity, with Redland also posting healthy sales activity.

Redland recorded a solid increase in the median house price, with median sale price growth in the remaining areas of greater Brisbane subdued. However, increased buyer confidence is resulting in stock that had been sitting on the market for some time starting to be taken up.

First home buyer and investor activity has reportedly been improving in Moreton Bay as progress continues on the new Rail Line, amid ongoing development of the North Lakes residential and commercial precincts.

Five of the top ten increases in preliminary sales for the June quarter were posted in Moreton Bay: in North Lakes, Kallangur, Deception Bay, Morayfield and Redland Bay.

In Ipswich many agents are experiencing large sale volumes, creating a shortage of stock. However local agents expect sales to increase heading towards 2015, buoyed by demand from interstate investors in search of higher rental yields.

Eagleby in Logan recorded a strong rise in sales and solid price growth in the June Quarter.

UNIT MARKET

Unit and townhouse sales in Greater Brisbane picked up from where they left off in the March Quarter, rising 18 per cent to the end of the June quarter. Ipswich and Redland recorded the strongest increases in unit and townhouse sales in the quarter, up 40 per cent and 19 per cent respectively.

Over the quarter, Brendale and Beenleigh recorded double digit sales growth, with Cleveland, Birkdale and Ormiston in Redlands also recording healthy increases. Bundamba in Ipswich also recorded solid sales volumes.

New townhouse complexes at Goodna have contributed to the overall median sale price for the Ipswich council area, which was up 26 per cent over the quarter.

The greatest volume of sales activity occurred in the $250,000 to $350,000 price bracket during the June quarter, with more buyers also entering the market at the sub-$250,000 mark.

RENTAL MARKET

The vacancy rate for the Brisbane Statistical Division eased to 2.3 per cent at the end of June, compared to 1.9 per cent at the end of March.

In the outer-lying suburbs of Greater Brisbane, vacancy rates have also softened in Ipswich and Logan, to more healthy market conditions. Moreton Bay and Redland City, however, continue to record tight vacancy levels, with agents in these areas reporting more demand than supply. Agents in the Moreton Bay area are seeing increased investor activity, with some NRAS developments being in strong demand.

The latest figures from the Residential Tenancies Authority (RTA) also show a decline in the total number of bonds lodged during the June quarter across three bedroom houses, two bedroom units and three bedroom townhouses compared to the previous quarter.

Steady pipelines of new developments, which are said to be attracting renewed interest from interstate investors, are expected to increase the supply of rental stock over the coming months.

GREATER BRISBANE





JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

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1YR CHANGE

5YR CHANGE



JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE

BRISBANE (SD) 6,102 $470,000 2.2% $462,000 5.7% 12.7%

BRISBANE (SD) ^ 479 $540,000 -1.8% $555,000 3.7% 4.2%

IPSWICH (LGA) 548 $300,000 -0.6% $305,000 4.5% -1.6%

IPSWICH (LGA) ^ ~ 47 $476,250 13.4% $460,000 7.0% 5.8%

AUGUSTINE HEIGHTS ~ * 16 $545,000 15.1% $490,500 -2.4% -9.2%

BELLBIRD PARK 12 $320,250 N/A $310,600 -2.8% -5.9%

BOOVAL 6 N/A N/A $261,000 0.4% -2.4%

BRASSALL ~ 32 $286,250 -13.5% $314,250 3.0% -5.9%

BUNDAMBA ~ * 14 $296,000 26.0% $280,000 8.9% 0.0%

CAMIRA ~ 19 $347,000 9.3% $335,000 3.1% 0.0%

CHURCHILL 7 N/A N/A $259,500 8.8% 0.8%

COLLINGWOOD PARK ~ 25 $313,500 3.6% $291,203 -2.9% -11.1%

EAST IPSWICH ~ 11 $230,000 N/A $236,000 -9.2% -14.2%

EASTERN HEIGHTS 15 $290,000 0.7% $268,000 9.4% -0.6%

FLINDERS VIEW ~ 14 $355,000 1.7% $350,000 11.1% -9.4%

GOODNA 25 $262,500 0.6% $265,000 1.9% -10.2%

IPSWICH 5 N/A N/A $303,000 9.7% 4.5%

KARALEE ^ 7 N/A N/A $513,000 3.0% 9.1%

LEICHHARDT ~ 19 $224,000 2.3% $214,500 7.3% -12.4%

NEWTOWN 10 $270,000 N/A $307,000 N/A -5.5%

NORTH BOOVAL 13 $236,500 N/A $239,000 3.9% -11.5%

NORTH IPSWICH ~ 20 $265,500 15.4% $245,500 6.7% -12.6%

ONE MILE ~ 7 N/A N/A $231,000 18.5% -8.7%

RACEVIEW 30 $300,000 4.0% $300,000 3.4% -2.4%

REDBANK PLAINS 48 $295,000 1.5% $295,000 5.4% -4.5%

RIVERVIEW 7 N/A N/A $226,500 N/A -11.2%

ROSEWOOD 7 N/A N/A $260,000 6.1% 4.0%

SADLIERS CROSSING 7 N/A N/A $313,000 N/A 10.8%

SILKSTONE ~ 18 $236,001 -17.6% $264,500 6.4% -2.9%

SPRINGFIELD ~ 22 $376,500 -8.4% $380,000 5.6% 1.5%

SPRINGFIELD LAKES 64 $402,300 0.6% $390,000 2.5% -0.5%

WOODEND 6 N/A N/A $287,500 N/A -3.8%

YAMANTO ~ 21 $377,500 11.9% $335,000 -0.9% 0.0%

LOGAN (LGA) 716 $344,250 -2.2% $345,000 4.5% 1.5%

LOGAN (LGA) ^ ~ 163 $484,250 -6.9% $500,000 4.2% 1.0%

BEENLEIGH 19 $287,000 -1.0% $288,500 3.0% -11.3%

BETHANIA 16 $275,000 -4.0% $281,000 -1.6% -6.8%

BORONIA HEIGHTS 19 $327,500 2.3% $309,000 2.2% 0.2%

BROWNS PLAINS ~ 20 $289,000 -6.0% $300,000 1.0% -4.8%

BUCCAN ^ 6 N/A N/A $527,000 N/A -5.0%

CEDAR GROVE ^ 8 N/A N/A $418,000 11.5% 6.7%

CEDAR VALE ^ 15 $428,000 -2.7% $429,000 3.6% 2.9%

CHAMBERS FLAT ^ 2 N/A N/A $487,500 N/A -6.3%

CORNUBIA 18 $462,500 0.3% $467,500 3.9% 5.1%

CORNUBIA ^ 4 N/A N/A $647,500 N/A N/A

CRESTMEAD 42 $280,000 -2.9% $279,000 1.5% -7.0%

DAISY HILL 36 $470,000 7.6% $420,000 7.1% 11.4%

EAGLEBY ~ 36 $251,500 3.9% $250,000 1.6% -12.3%

EDENS LANDING 21 $347,000 -0.4% $347,000 5.2% -3.3%

FORESTDALE ^ 4 N/A N/A $649,000 11.5% 13.9%

GREENBANK ^ ~ 22 $539,500 11.5% $520,000 6.1% 1.8%

HERITAGE PARK 16 $430,500 9.7% $392,000 3.5% 1.8%

HILLCREST 12 $303,000 N/A $320,100 1.0% -3.0%

JIMBOOMBA 9 N/A N/A $365,000 -3.7% -3.9%

JIMBOOMBA ^ 27 $455,000 5.0% $460,000 2.2% 3.1%

KINGSTON ~ 40 $279,000 11.4% $260,000 9.0% -5.5%

LOGAN CENTRAL 15 $270,000 0.0% $258,000 9.8% -4.4%

LOGAN VILLAGE ^ 7 N/A N/A $495,000 7.6% 2.1%

LOGANHOLME ~ 17 $353,000 11.7% $350,550 -2.6% 0.6%

LOGANLEA 19 $302,500 -2.4% $298,500 2.9% -0.5%

MARSDEN 36 $329,400 7.5% $317,750 8.4% 1.8%

MEADOWBROOK 7 N/A N/A $361,000 0.3% -4.5%

MOUNT WARREN PARK 24 $337,500 -0.7% $337,000 1.0% -0.9%

MUNRUBEN ^ 7 N/A N/A $517,500 5.6% 1.9%

NEW BEITH ^ 13 $562,000 N/A $555,000 7.8% 4.7%

REGENTS PARK 39 $371,500 4.4% $353,000 1.1% 0.8%

ROCHEDALE SOUTH 40 $415,000 -5.7% $420,000 6.3% 9.1%

SHAILER PARK 40 $492,500 6.4% $470,000 4.4% 7.1%

SLACKS CREEK 19 $285,000 -3.4% $282,000 4.2% -5.7%

SPRINGWOOD 26 $420,000 0.4% $425,500 6.6% 6.9%

TANAH MERAH 17 $380,000 N/A $395,000 7.1% 1.4%

UNDERWOOD 25 $495,000 3.1% $465,000 3.3% 21.2%

WATERFORD 8 N/A N/A $357,500 4.8% -3.4%

WATERFORD WEST 18 $314,000 N/A $305,000 8.9% -2.6%

WINDAROO 8 N/A N/A $407,000 10.0% 4.4%

WOODRIDGE ~ 30 $265,000 2.3% $255,000 10.9% -2.5%

YARRABILBA 6 N/A N/A $381,000 N/A N/A

MORETON BAY (LGA) 1,182 $387,500 1.4% $385,000 3.6% 4.1%

MORETON BAY (LGA) ^ 173 $545,000 1.5% $559,000 4.5% 3.0%

ALBANY CREEK ~ 49 $464,500 -8.1% $500,000 4.2% 6.4%

ARANA HILLS ~ 27 $490,000 14.2% $455,250 3.7% 4.7%

BANKSIA BEACH ~ f 20 $467,000 11.5% $450,000 -2.2% -4.1%

BEACHMERE 13 $301,000 -1.3% $300,000 1.7% -9.1%

BELLARA 9 N/A N/A $320,000 3.2% -1.5%

BELLMERE 17 $315,000 0.0% $315,000 -3.7% -9.7%

BONGAREE ~ 18 $430,000 -8.1% $390,000 8.6% 4.0%

BRAY PARK 30 $362,500 0.3% $357,000 4.3% 0.6%

BURPENGARY 25 $368,000 3.7% $351,500 4.1% 0.4%

BURPENGARY ^ 16 $545,000 N/A $530,000 1.9% 5.8%

BURPENGARY EAST ^ 6 N/A N/A $515,750 0.9% 3.2%

CABOOLTURE ^ 15 $471,250 N/A $450,000 4.4% 0.0%

CABOOLTURE ~ 57 $285,000 -7.5% $290,000 5.5% -3.3%

CABOOLTURE SOUTH 20 $258,471 -0.6% $268,250 5.0% -3.2%

CAMP MOUNTAIN ^ 5 N/A N/A $819,000 N/A N/A

CASHMERE 7 N/A N/A $597,500 4.8% 6.2%

CASHMERE ^ 6 N/A N/A $675,000 5.5% 3.2%

CLONTARF 31 $379,000 1.3% $365,000 9.0% 2.8%

DAKABIN 5 N/A N/A $422,500 N/A N/A

DECEPTION BAY 69 $302,500 7.7% $289,000 1.4% -9.4%

EATONS HILL 17 $518,000 -5.4% $527,000 3.3% 4.9%

EATONS HILL ^ 2 N/A N/A $698,500 N/A N/A

ELIMBAH ^ 8 N/A N/A $487,500 3.1% 0.5%

EVERTON HILLS 19 $497,000 3.2% $480,000 6.8% 14.6%

FERNY HILLS 33 $467,000 -3.5% $460,000 2.9% 8.2%

GRIFFIN 20 $425,500 2.8% $420,000 6.3% 8.3%

HIGHVALE ^ 2 N/A N/A $710,000 -6.6% N/A

KALLANGUR 71 $336,500 -2.0% $335,900 5.0% -1.9%

KIPPA-RING 31 $388,550 8.7% $373,000 9.7% 5.1%

LAWNTON 8 N/A N/A $318,750 -4.9% -5.5%

MANGO HILL 17 $447,000 -0.2% $425,768 -0.1% -1.0%

MARGATE ~ 38 $406,000 9.4% $368,250 6.4% 6.1%

MORAYFIELD 67 $310,000 0.0% $306,000 5.5% -6.1%

MORAYFIELD ^ ~ 17 $502,500 -10.3% $518,000 8.0% 3.6%

MURRUMBA DOWNS ~ 37 $463,000 -10.3% $450,000 7.1% 8.7%

NARANGBA 54 $397,500 -4.2% $425,000 2.3% 4.9%

NARANGBA ^ 5 N/A N/A $620,000 N/A N/A

NEWPORT ~ f 8 N/A N/A $815,000 16.4% 2.6%

NINGI 3 N/A N/A $335,000 3.9% -8.2%

NINGI ^ 8 N/A N/A $475,000 0.0% -0.2%

NORTH LAKES 83 $450,000 2.5% $447,250 4.0% 0.5%

PETRIE 42 $361,000 1.7% $369,000 5.6% 1.1%

REDCLIFFE ~ f 37 $374,500 10.1% $375,000 11.1% 7.1%

ROTHWELL ~ 20 $372,500 -9.7% $365,000 4.3% -3.9%

SAMFORD VALLEY ^ ~ 7 N/A N/A $900,000 15.2% 15.8%

SANDSTONE POINT 11 $370,000 N/A $372,000 1.9% -3.5%

SCARBOROUGH 45 $432,500 -3.4% $449,000 10.2% 12.3%

STRATHPINE ~ 26 $380,000 9.7% $345,000 5.8% 2.7%

UPPER CABOOLTURE 5 N/A N/A $316,000 1.5% -7.1%

UPPER CABOOLTURE ^ 5 N/A N/A $520,000 7.2% N/A

WAMURAN ^ ~ 5 N/A N/A $462,500 0.5% -9.8%

WARNER 39 $475,000 1.9% $467,500 2.7% 6.3%

WARNER ^ 8 N/A N/A $673,500 N/A 3.6%

WOODY POINT ~ 14 $384,000 9.7% $380,000 -1.3% 6.0%

WOORIM 8 N/A N/A $395,250 -6.6% -5.9%





JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE




JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE

REDLAND (LGA) 473 $469,000 2.0% $460,000 2.2% 5.7%

REDLAND (LGA) ^ 20 $830,000 4.1% $780,000 7.2% -2.5%

ALEXANDRA HILLS 55 $409,500 -0.7% $408,000 4.9% 5.2%

BIRKDALE 48 $480,000 0.2% $480,000 5.6% 10.1%

CAPALABA 45 $440,000 7.6% $420,000 3.6% 3.7%

CAPALABA ^ 5 N/A N/A $830,000 3.4% 11.0%

CLEVELAND ~ 36 $477,500 -13.2% $510,000 -1.1% 3.0%

MACLEAY ISLAND ~ f 11 $199,000 13.7% $199,000 -10.6% -23.2%

MOUNT COTTON 24 $465,000 1.9% $465,000 1.3% 3.3%

ORMISTON ~ 26 $545,000 3.8% $547,750 -7.2% -3.1%

REDLAND BAY ~ 67 $521,000 10.1% $488,000 2.3% 1.9%

RUSSELL ISLAND ~ 11 $147,500 -37.8% $202,000 15.4% -12.2%

SHELDON ^ ~ 4 N/A N/A $780,000 16.4% N/A

THORNESIDE 13 $470,000 8.0% $425,000 -0.6% 9.3%

THORNLANDS ^ ~ 4 N/A N/A $787,500 1.0% -8.4%

THORNLANDS ~ 37 $505,000 -9.1% $515,000 1.0% 1.0%

VICTORIA POINT 42 $465,000 -1.1% $465,000 3.3% 4.5%

WELLINGTON POINT 41 $510,000 8.5% $519,000 1.8% 6.5%

SURROUNDS

LOCKYER VALLEY (LGA) 32 $245,000 7.7% $240,000 0.0% -6.7%

LOCKYER VALLEY (LGA) ^ 58 $326,500 -2.3% $330,000 0.0% 1.2%

GATTON ~ 18 $251,750 11.3% $251,000 -3.1% -12.4%

KENSINGTON GROVE ^ 3 N/A N/A $325,000 2.5% 2.0%

LAIDLEY ~ 9 N/A N/A $200,000 -16.7% -19.0%

PLAINLAND ^ 6 N/A N/A $325,000 4.0% 0.0%

REGENCY DOWNS ^ 7 N/A N/A $305,000 2.7% -2.9%

WITHCOTT ^ 4 N/A N/A $360,000 5.3% 12.5%

SOMERSET (LGA) 28 $262,500 7.6% $260,000 9.5% 9.7%

SOMERSET (LGA) ^ ~ 49 $390,000 17.0% $345,000 0.0% 1.8%

ESK 3 N/A N/A $238,000 N/A N/A

ESK ^ 6 N/A N/A $300,000 N/A N/A

FERNVALE 9 N/A N/A $335,000 N/A N/A

FERNVALE ^ 4 N/A N/A $379,500 N/A N/A

LOWOOD ^ 8 N/A N/A $300,000 N/A -1.2%

LOWOOD ~ 5 N/A N/A $263,750 -18.2% 13.4%

MINDEN ^ 4 N/A N/A $334,000 N/A 2.1%

TOOGOOLAWAH 3 N/A N/A $207,000 N/A 6.2%

BRISBANE (SD) 2,467 $390,000 1.3% $385,000 1.3% 9.1%

IPSWICH (LGA) * t 59 $289,900 26.0% $280,000 5.7% 5.3%

BRASSALL 4 N/A N/A $219,500 N/A -19.6%

BUNDAMBA 9 N/A N/A $290,000 N/A N/A

GOODNA * t 13 $310,000 N/A $310,000 N/A 31.9%

REDBANK PLAINS * t 4 N/A N/A $219,000 -21.3% -19.3%

LOGAN (LGA) 187 $230,000 1.1% $242,000 -4.0% -5.1%

BEENLEIGH ~ t 17 $169,000 N/A $170,000 -9.3% -28.6%

BORONIA HEIGHTS 9 N/A N/A $200,000 N/A N/A

EAGLEBY * t 6 N/A N/A $264,500 -12.1% -10.9%

HILLCREST 7 N/A N/A $218,000 N/A N/A

LOGAN CENTRAL 5 N/A N/A $167,000 N/A -10.7%

MARSDEN 9 N/A N/A $320,000 -3.3% N/A

ROCHEDALE SOUTH 11 $281,250 3.8% $268,000 1.8% -0.7%

SHAILER PARK 5 N/A N/A $274,000 -0.4% -3.5%

SLACKS CREEK 11 $211,000 N/A $195,000 1.0% -17.0%

SPRINGWOOD ~ t 12 $278,600 20.3% $255,000 3.0% -3.8%

UNDERWOOD 7 N/A N/A $384,000 -1.3% 4.0%

WATERFORD WEST 7 N/A N/A $188,500 N/A -13.0%

WOODRIDGE 26 $185,750 5.8% $179,000 -0.8% -10.5%

MORETON BAY (LGA) 290 $320,000 3.7% $320,000 3.2% 3.2%

ARANA HILLS 2 N/A N/A $366,500 -3.4% 8.1%

BELLARA 1 N/A N/A $276,250 N/A -6.4%

BONGAREE 7 N/A N/A $290,000 0.0% -1.7%

BRENDALE 39 $275,000 7.4% $261,380 -8.3% -6.7%

CABOOLTURE * t 17 $275,000 37.5% $223,500 -2.8% -22.1%

CLONTARF * 9 N/A N/A $412,000 1.1% 23.0%

DECEPTION BAY * 11 $220,000 -1.7% $265,000 20.5% 3.5%

GRIFFIN 2 N/A N/A $349,000 -3.9% N/A

KALLANGUR 20 $308,083 N/A $314,000 6.4% 1.3%

KIPPA-RING 11 $295,000 N/A $263,500 9.3% -20.1%

LAWNTON 4 N/A N/A $220,000 8.6% -10.2%

MANGO HILL 8 N/A N/A $355,000 N/A N/A

MARGATE ~ f 9 N/A N/A $356,500 12.7% 4.9%

MORAYFIELD ~ 8 N/A N/A $256,300 -16.0% -3.3%

MURRUMBA DOWNS 2 N/A N/A $348,000 -0.5% 12.6%

NARANGBA 1 N/A N/A $335,000 N/A N/A

NORTH LAKES 22 $359,000 0.3% $359,000 7.2% N/A

REDCLIFFE 38 $340,000 9.7% $345,000 -6.5% 4.2%

SCARBOROUGH * t f 22 $377,500 -7.4% $385,000 5.5% 1.2%

STRATHPINE 5 N/A N/A $254,750 3.1% -6.4%

WOODY POINT 8 N/A N/A $325,000 -6.5% -11.8%

REDLAND (LGA) 94 $335,000 3.9% $345,000 4.0% 4.9%

BIRKDALE 7 N/A N/A $350,000 -6.7% 6.1%

CAPALABA ~ t 15 $323,500 13.5% $296,000 2.4% -3.0%

CLEVELAND ~ 28 $425,000 13.6% $400,000 14.6% 7.7%

ORMISTON * t 5 N/A N/A $328,000 -21.0% -0.6%

THORNESIDE 10 $307,500 N/A $312,500 14.9% 1.1%

HOU

SE PRICEPOIN

TS - PRELIMIN

ARY SALES NU

MBERS

112

722

1401

164166

770

1840

235

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



973 972

409

18

1154 1157

472

18

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




70

480 490

7765

480548

84

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


MAR 14 JUN 14


81

437

311

3179

440

346

37

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


MAR 14 JUN 14


156

217

139

41

9


MAR 14 JUN 14


143170

58

146

193

64


MAR 14 JUN 14


159

48

11

185

4114



21

51

24

43

55

18


MAR 14 JUN 14


187 184

56

167 174

47


MAR 14 JUN 14


53

114

4056

84

31



144

78

30

153

68

20



288

163

39

294

184

60



UN

IT PRICEPOIN

TS - PRELIMIN

ARY SALES NU

MBERS

44

330

651

371

3057

363

860

454

45

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



182207

99

433

197

260

111

465

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




235

447391

241

46

273

520451

290

36

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



79

181164

109

23

105

197177

105

27

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



18

9

03

9 8

2 2



135

55

15 18

137

63

17 14



18

9 10

4

21

15

4 3



5 5

7

0

6 6 6

3



4232

158

60

47

2113



9

6

9

2

10

75

3



7

11

17

89

1311

6


MAR 14 JUN 14


4236

14

2

4336

18

7


MAR 14 JUN 14


LAND PRICEPO

INTS - PRELIM

INARY SALES N

UM

BERS BY PRICE RANGE

13

59

38

9

43 40 4031

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



53

21

5

71

36

3

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




64

26

5 6

88

33

816

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


MAR 14 JUN 14


50

20 15 10

71

35

2110

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


MAR 14 JUN 14


30

1 1

40

1 0

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


MAR 14 JUN 14


62

81

56

91

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


MAR 14 JUN 14


42

1 2

57

0 0

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



14

1 0

16

0 1

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


MAR 14 JUN 14


25

71

41

61

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



29

1 0

52

50

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



36

70

24

2 2

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



44

4 1

84

5 2

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


MAR 14 JUN 14






JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE

BRISBANE (SD) 643 $215,700 -1.5% $212,000 1.4% 1.0%

BRISBANE (SD) ^ 70 $270,000 1.9% $262,500 -0.9% 5.0%

IPSWICH (LGA) 105 $175,000 1.7% $175,000 0.0% 2.9%

IPSWICH (LGA) ^ 5 N/A N/A $245,000 5.8% 4.3%

AUGUSTINE HEIGHTS 5 N/A N/A $210,000 3.4% -5.2%

BELLBIRD PARK * 11 $188,000 N/A $197,000 -1.5% N/A

BRASSALL 7 N/A N/A $180,000 5.9% 4.0%

BUNDAMBA 4 N/A N/A $159,950 5.9% N/A

DEEBING HEIGHTS 3 N/A N/A $150,000 -1.4% N/A

GOODNA 7 N/A N/A $175,000 -5.4% 2.9%

KARALEE ^ 3 N/A N/A $257,500 1.8% 8.4%

LEICHHARDT 6 N/A N/A $167,500 N/A N/A

RACEVIEW * 17 $172,000 N/A $170,500 4.0% 1.8%

REDBANK PLAINS * 4 N/A N/A $139,950 -9.7% -17.1%

SPRINGFIELD LAKES * 25 $160,000 -3.6% $179,000 2.3% 8.5%

LOGAN (LGA) 137 $195,000 -0.3% $179,000 -4.0% -9.6%

LOGAN (LGA) ^ 17 $264,000 -3.6% $260,000 4.0% 13.5%

BUCCAN ^ * 2 N/A N/A $292,500 N/A N/A

CORNUBIA * 14 $347,500 N/A $345,000 1.5% N/A

HOLMVIEW 5 N/A N/A $174,625 -3.9% -16.8%

JIMBOOMBA 5 N/A N/A $169,000 N/A -9.6%

JIMBOOMBA ^ ~ 1 N/A N/A $239,900 17.9% 27.9%

LOGAN RESERVE * 22 $151,388 N/A $157,250 1.5% N/A

LOGAN VILLAGE 8 N/A N/A $258,250 N/A N/A

MARSDEN 6 N/A N/A $181,250 -7.1% -3.8%

NEW BEITH ^ 4 N/A N/A $260,000 0.0% 8.3%

UNDERWOOD ~ 7 N/A N/A $385,000 20.3% 20.3%

WATERFORD * 22 $190,000 N/A $186,250 1.8% 7.7%

WOODHILL ^ 5 N/A N/A $219,500 -0.7% N/A

YARRABILBA * 21 $115,000 N/A $139,800 -11.6% N/A

MORETON BAY (LGA) 168 $215,000 1.6% $210,600 2.7% 2.5%

MORETON BAY (LGA) ^ 35 $260,000 -3.7% $260,000 -5.5% -10.3%

BANKSIA BEACH 3 N/A N/A $452,500 -1.6% -2.7%

BRAY PARK 4 N/A N/A $204,500 3.8% -7.0%

BURPENGARY 8 N/A N/A $210,900 0.0% N/A

BURPENGARY EAST ^ 1 N/A N/A $311,500 N/A N/A

CABOOLTURE 16 $172,500 3.9% $178,700 -2.1% -3.5%

CABOOLTURE ^ * 10 $257,500 N/A $260,000 0.0% N/A

D'AGUILAR 2 N/A N/A $160,000 N/A -9.1%

DAKABIN * 5 N/A N/A $200,000 1.3% N/A

GRIFFIN * 23 $214,000 -0.5% $210,000 2.4% 5.5%

MANGO HILL * 20 $225,000 N/A $228,000 7.5% -0.8%

MORAYFIELD * 6 N/A N/A $172,000 -4.4% -9.5%

MURRUMBA DOWNS 3 N/A N/A $272,500 N/A 11.2%

NARANGBA 17 $208,500 N/A $201,450 1.7% -8.4%

NORTH LAKES 16 $240,000 N/A $229,000 9.0% 10.9%

WAMURAN ^ * 1 N/A N/A $236,000 N/A N/A

WARNER * 14 $228,750 N/A $227,000 2.7% 0.9%

WOODFORD ^ 3 N/A N/A $213,500 2.7% N/A

REDLAND (LGA) ~ B 79 $70,000 75.0% $130,000 -44.7% -31.9%

BIRKDALE 10 $299,000 N/A $314,000 N/A N/A

MACLEAY ISLAND ~ f 19 $30,000 13.2% $26,500 -1.9% -58.6%

MOUNT COTTON 1 N/A N/A $255,000 0.0% 6.3%

REDLAND BAY 1 N/A N/A $265,000 0.0% 1.9%

RUSSELL ISLAND ~ * 21 $20,000 -9.1% $20,250 -1.2% -59.5%

THORNLANDS * 15 $275,000 -2.0% $285,000 4.8% 14.0%

VICTORIA POINT 3 N/A N/A $265,000 N/A N/A

WELLINGTON POINT - N/A N/A $335,000 4.7% 0.0%

SURROUNDS

LOCKYER VALLEY (LGA) 16 $100,000 N/A $100,000 0.0% -13.0%

LOCKYER VALLEY (LGA) ^ * 23 $125,000 8.7% $125,000 4.2% -3.8%

HATTON VALE ^ 5 N/A N/A $138,000 -2.5% N/A

LAIDLEY NORTH * 10 $100,000 N/A $100,000 N/A N/A

WITHCOTT ^ * 3 N/A N/A $149,000 N/A N/A

SALES MARKET - VACANT LAND (CONT’D)


JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE

SOMERSET (LGA) 9 N/A N/A $135,000 0.0% 4.7%

FERNVALE 4 N/A N/A $142,000 N/A 9.2%



IPSWICH CITY $300 710 $290 818

4300 AUGUSTINE HEIGHTS $335 185 $330 200

4301 COLLINGWOOD PARK $310 100 $305 94

4303 DINMORE $260 18 $270 25

4304 BLACKSTONE $285 89 $280 96

4305 BASIN POCKET $275 252 $275 319

4306 AMBERLEY $310 44 $300 55

4340 ASHWELL $280 19 $280 25

LOGAN CITY $335 868 $330 897

4114 KINGSTON $310 171 $310 156

4118 BROWNS PLAINS $345 84 $340 104

4119 UNDERWOOD $375 14 $395 7

4123 PRIESTS GULLY $380 34 $370 49

4124 BORONIA HEIGHTS $330 30 $330 43

4125 MUNRUBEN $400 9 N.A. 4

4127 CHATSWOOD HILLS $350 81 $360 78

4128 KIMBERLEY PARK $400 33 $380 43

4129 LOGANDALE $355 25 $350 29

4130 CARBROOK $375 10 $380 7

4131 LOGANLEA $330 24 $320 30

4132 CRESTMEAD $325 74 $320 92

4133 CHAMBERS FLAT $345 49 $330 36

4205 BETHANIA $330 17 $320 22

4207 ALBERTON $325 185 $325 172

4280 JIMBOOMBA $400 24 $360 23

MORETON BAY REGIONAL $340 1,008 $330 1,064

4019 CLONTARF $350 71 $340 91

4020 NEWPORT $350 75 $335 86

4021 KIPPA-RING $340 37 $345 28

4022 ROTHWELL $330 10 $330 14

4035 ALBANY CREEK $400 27 $395 30

4055 BUNYA $410 25 $400 39

4500 BRAY PARK $355 77 $360 75

4501 LAWNTON $340 13 $325 16

4502 FRENCHS FOREST $340 16 $350 26

4503 DAKABIN $355 88 $340 103

4504 NARANGBA $340 25 $330 27

4505 BURPENGARY $324 32 $330 23

4506 MOORINA $295 63 $290 60

4507 BANKSIA BEACH $320 46 $320 54

4508 DECEPTION BAY $310 72 $295 81

4509 MANGO HILL $380 98 $375 62

4510 BALINGOOL $290 173 $285 187

4511 GODWIN BEACH $305 18 $300 28

4512 BRACALBA $370 5 $370 5

4514 BELLTHORPE $300 14 $325 13

4520 ARMSTRONG CREEK $445 12 N.A. 3

4521 CAMPBELLS POCKET $370 5 $350 5

REDLAND CITY $380 320 $380 319

4157 CAPALABA $380 28 $390 41

4158 THORNESIDE $360 12 $390 11

4159 AQUATIC PARADISE $385 27 $360 19

4160 EROBIN $400 30 $380 30

4161 ALEXANDRA HILLS $390 46 $385 47

4163 CLEVELAND $405 37 $395 28

4164 PINKLANDS $360 16 $410 7

4165 MOUNT COTTON $380 54 $390 68

4183 AMITY $350 6 $315 6

4184 COOCHIEMUDLO ISLAND $240 64 $235 62



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



LOCKYER VALLEY REGIONAL $280 98 $270 133

4341 BLENHEIM $275 41 $270 54

4342 CROWLEY VALE $285 9 $250 10

4343 ADARE $280 39 $275 62

4344 CARPENDALE $250 5 $250 5

SOMERSET REGIONAL $270 73 $260 71

4311 ATKINSONS DAM $275 29 $260 39

4312 BRYDEN $250 14 $250 12

4313 BIARRA $230 11 $230 5

4515 GLENFERN $300 19 $300 15

IPSWICH CITY $255 149 $240 122



4304 BLACKSTONE $240 13 $240 28

4305 BASIN POCKET $250 81 $225 44

LOGAN CITY $265 196 $250 194

4114 KINGSTON $260 65 $250 78

4127 CHATSWOOD HILLS $310 21 $290 21

4128 KIMBERLEY PARK $290 8 $0 -

4132 CRESTMEAD $250 7 $235 6

4133 CHAMBERS FLAT $240 12 $255 11

4207 ALBERTON $255 68 $245 62

4280 JIMBOOMBA $270 5 N.A. 3

MORETON BAY REGIONAL $270 447 $270 427

4019 CLONTARF $270 71 $270 69

4020 NEWPORT $295 73 $285 96

4021 KIPPA-RING $265 15 N.A. 4

4500 BRAY PARK $295 32 $280 28

4501 LAWNTON $280 9 $260 14

4503 DAKABIN $280 40 $280 30

4505 BURPENGARY $250 9 $260 12

4506 MOORINA $260 13 $270 11

4507 BANKSIA BEACH $270 43 $260 56

4508 DECEPTION BAY $240 22 $290 9

4509 MANGO HILL $315 18 $315 10

4510 BALINGOOL $255 87 $250 73

REDLAND CITY $325 74 $295 72

4157 CAPALABA $320 19 $295 10

4163 CLEVELAND $360 33 $340 25

4165 MOUNT COTTON $220 7 $191 8

LOCKYER VALLEY REGIONAL $220 16 $240 17

4343 ADARE $245 10 $245 15



IPSWICH CITY $310 97 $305 88



4304 BLACKSTONE $310 19 $305 20

4305 BASIN POCKET $305 17 $296 23

LOGAN CITY $335 391 $325 352

4114 KINGSTON $310 45 $300 41

4118 BROWNS PLAINS $345 47 $345 50

4119 UNDERWOOD $405 14 $405 20

4123 PRIESTS GULLY $355 9 $320 8

4127 CHATSWOOD HILLS $320 44 $325 39

4128 KIMBERLEY PARK $340 9 $330 12

4131 LOGANLEA $341 30 $355 25

4132 CRESTMEAD $340 60 $340 25

4133 CHAMBERS FLAT $320 22 $315 19

4207 ALBERTON $320 102 $320 107

MORETON BAY REGIONAL $330 454 $330 473

4019 CLONTARF $320 12 $350 7

4020 NEWPORT $330 9 $325 14

4021 KIPPA-RING $325 54 $325 53

4035 ALBANY CREEK $380 5 $370 14

4055 BUNYA $350 8 N.A. 4

4500 BRAY PARK $350 28 $335 56

4501 LAWNTON $340 11 $330 10

4502 FRENCHS FOREST $320 8 $330 13

4503 DAKABIN $335 140 $335 117

4504 NARANGBA $345 9 $340 11

4505 BURPENGARY $315 29 $310 33

4506 MOORINA $310 14 $290 14

4507 BANKSIA BEACH $315 8 $290 6

4508 DECEPTION BAY $305 43 $300 42

4509 MANGO HILL $345 56 $345 48

4510 BALINGOOL $295 16 $295 25

REDLAND CITY $385 112 $380 89

4157 CAPALABA $360 13 $350 10

4158 THORNESIDE $375 10 $380 11

4160 EROBIN $390 19 $375 16

4163 CLEVELAND $405 35 $380 22

4165 MOUNT COTTON $385 24 $385 21

F i n d o u t m o re

EXPERTS’ GUIDE T O B U Y I N G P R O P E R T Y

I N F O R M AT I O N C A N B E H A R D T O F I N D

B R I S B A N E - S a t 1 1 O c t

http://www.reiq.com/courses-training/free-buying-property-seminar


REGIONAL MARKET UPDATES

Average vendor discounting on the Gold Coast is down to 6.1 per cent, compared to 12.9 per cent in June 2013. Over the same period, average days on market on the Gold Coast fell from 109 to 74.

UNIT MARKET

The Gold Coast unit and townhouse market performed strongly in the June quarter, with preliminary sales figures up 10 per cent. While there was a dip in prestige unit sales priced above $1 million, all other sectors of the unit market performed strongly.

Unit sales increases up to $500,000 were strongest, with the $500,000 to $1 million price bracket also recording healthy growth. The median unit and townhouse price on the Gold Coast at the end of the June quarter was $352,000 – up 3.5 per cent over the last 12 months.

Coolangatta, Palm Beach, Burleigh Heads on the southern end of the Coast recorded strong sales increases, with canal suburbs Mermaid Waters and Burleigh Waters also performing well.

Sales were also strong in suburbs on the northern edge of the Gold Coast such as Coomera, Helensvale and Upper Coomera.

RENTAL MARKET

The Gold Coast recorded a drop in its vacancy rate in the June quarter, down 0.5 percentage points to 1.7 per cent – a result not seen since December 2012.

Local agents report the tight vacancy rate is driven by strong economic development which is increasing competition for rental properties. They report that vacancies are being snapped up quickly by tenants, which is making rental properties more attractive to investors.

Gold Coast real estate continues to gain momentum with investors returning to the market as a result of low interest rates, low vacancy rates and improvements in the local economy. Local agents report that investors see the Gold Coast as a good value alternative to interstate markets, which have been recording double digit price growth.

Demand continues to be strong for properties in suburbs surrounding the Gold Coast Health and Knowledge Precinct. The new Gold Coast light rail system is also delivering an important economic boost, as investors grow more confident about the city’s long term prospects.

Local agents report the 2018 Commonwealth Games is driving renewed interest in the market from local, interstate and overseas investors, with a number of Asian airlines also increasing the number of direct flights to the Gold Coast.

HOUSE MARKET

The housing market in all price brackets is performing well, with stock remaining tight and demand solid. Sale volumes have increased across most areas of the market with the medium price of houses increasing by 7.5 per cent in the year to June 2014.

Gold Coast housing picked up where it left off in the March quarter, recording consistent sales activity and solid price growth. Preliminary sales activity in Surfers Paradise were up nine per cent over the June quarter.

Hinterland suburbs Nerang and Mudgeeraba were among the other star performers to post healthy sales increases, along with Molendinar and Robina. Jacob’s Well, Yatala and Upper Coomera on the northern tip of the Gold Coast also recorded steady sales increases in the June quarter.

The strongest sales activity occurred in the $500,000-plus price bracket, with the prestige end of the market priced upwards of $1 million also performing strongly.

Auctions are also said to be getting more competitive, with many properties selling above their reserve price in another sign that confidence is returning to the marketplace.

The acreage sector is also on the rise, with preliminary sales for the June quarter up seven per cent on the back of strong prestige sales.

Agents report that buyers in all sectors remain price sensitive but they remain confident of steady price growth going forward, without any large upward spikes.

GOLD COAST

HOU

SE PRICEPOIN

TS - PRELIMIN

ARY SALES NU

MBERS

112

722

1401

164166

770

1840

235

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



973 972

409

18

1154 1157

472

18

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




70

480 490

7765

480548

84

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


MAR 14 JUN 14


81

437

311

3179

440

346

37

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


MAR 14 JUN 14


156

217

139

41

9


MAR 14 JUN 14


143170

58

146

193

64


MAR 14 JUN 14


159

48

11

185

4114



21

51

24

43

55

18


MAR 14 JUN 14


187 184

56

167 174

47


MAR 14 JUN 14


53

114

4056

84

31



144

78

30

153

68

20



288

163

39

294

184

60



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

17


JUNE QUARTER 2014




JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE



JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE

GOLD COAST (LGA) 1,230 $515,000 3.0% $494,500 5.4% 5.4%

GOLD COAST (LGA) ^ 133 $678,000 -1.3% $657,250 4.3% -0.4%

ARUNDEL 40 $475,000 5.0% $469,000 -1.8% 0.9%

ASHMORE ~ 33 $465,000 -8.1% $469,500 9.2% 2.1%

BENOWA 36 $725,500 7.6% $705,000 10.8% 3.7%

BIGGERA WATERS ~ 8 N/A N/A $550,000 14.6% 2.4%

BONOGIN ^ ~ 12 $590,000 12.4% $570,000 -1.0% -6.9%

BROADBEACH WATERS ~ 43 $851,500 4.5% $802,500 12.9% -0.9%

BUNDALL 21 $765,000 4.1% $768,500 8.2% -6.1%

BURLEIGH HEADS ~ 18 $637,500 13.3% $580,000 11.5% 10.3%

BURLEIGH WATERS 40 $622,000 8.2% $580,000 9.4% 5.9%

CARRARA 29 $485,000 1.2% $450,500 3.6% 4.3%

CLEAR ISLAND WATERS ~ f 14 $800,000 -11.6% $796,500 8.0% 2.8%

COOMBABAH 21 $390,000 -0.3% $389,500 -3.8% -2.6%

COOMERA ~ 17 $370,000 -9.5% $358,000 1.6% -11.3%

CURRUMBIN ~ f 6 N/A N/A $750,000 33.3% N/A

CURRUMBIN VALLEY ^ 2 N/A N/A $770,000 0.0% 5.5%

CURRUMBIN WATERS 24 $505,000 -3.8% $500,000 4.2% 5.3%

ELANORA 37 $529,000 -1.1% $510,000 7.4% 6.3%

HELENSVALE 60 $481,000 -0.6% $475,000 3.4% 2.4%

HELENSVALE ^ ~ 5 N/A N/A $760,000 -2.9% -12.1%

HIGHLAND PARK ~ 12 $400,500 -11.5% $410,000 3.0% 2.5%

HOLLYWELL ~ 9 N/A N/A $566,000 14.9% 9.4%

HOPE ISLAND ~ f 30 $583,500 21.1% $522,000 11.7% -1.5%

JACOBS WELL 5 N/A N/A $404,750 9.4% 6.3%

LABRADOR 21 $440,000 -1.1% $420,000 9.1% 1.9%

MAUDSLAND 9 N/A N/A $450,000 5.4% 7.1%

MAUDSLAND ^ 4 N/A N/A $671,250 -0.2% -5.5%

MERMAID BEACH ~ f 6 N/A N/A $885,000 4.1% -18.1%

MERMAID WATERS 32 $660,000 3.1% $655,000 7.4% 5.6%

MERRIMAC 10 $425,000 1.1% $417,500 9.9% 1.8%

MIAMI ~ 11 $580,000 11.8% $575,000 16.3% 15.0%

MOLENDINAR 23 $545,000 9.0% $500,000 8.7% 7.5%

MUDGEERABA 25 $483,250 2.0% $470,000 9.3% 8.7%

MUDGEERABA ^ 11 $615,000 N/A $630,000 2.3% 1.6%

NERANG 41 $365,000 -3.1% $365,000 6.1% -1.5%

NERANG ^ 9 N/A N/A $717,750 2.5% 8.3%

ORMEAU 42 $419,250 -0.9% $410,000 1.2% -2.6%

ORMEAU ^ 5 N/A N/A $637,500 -0.4% 6.3%

ORMEAU HILLS 10 $432,000 N/A $449,500 0.6% N/A

OXENFORD 32 $407,500 -4.1% $433,750 6.2% 3.3%

PACIFIC PINES 45 $447,500 -1.5% $452,500 0.6% 1.0%

PALM BEACH ~ 40 $611,250 11.6% $540,000 7.1% 4.3%

PARADISE POINT ~ f 30 $750,000 -7.4% $790,000 -4.8% -8.7%

PARKWOOD ~ 21 $473,500 -10.7% $465,000 3.3% 1.1%

PIMPAMA 5 N/A N/A $390,000 6.8% N/A

REEDY CREEK 16 $610,500 0.2% $611,000 -0.7% -1.1%

ROBINA ~ 62 $559,000 11.8% $535,000 5.2% 4.1%

RUNAWAY BAY 22 $638,750 -2.5% $760,000 7.0% -6.2%

SOUTHPORT 43 $460,000 4.0% $440,000 5.8% -2.2%

SURFERS PARADISE 24 $1,118,750 1.7% $1,150,000 4.5% -8.0%

TALLAI ^ 8 N/A N/A $720,000 2.9% 6.7%

TALLEBUDGERA ^ ~ 18 $672,500 -20.2% $675,000 3.8% -8.2%

TALLEBUDGERA VALLEY ^ 5 N/A N/A $725,000 N/A N/A

TUGUN ~ 15 $512,500 4.3% $495,000 12.6% 9.6%

UPPER COOMERA 81 $407,000 -4.2% $398,000 4.7% -1.7%

UPPER COOMERA ^ 7 N/A N/A $637,000 N/A N/A

VARSITY LAKES 29 $463,500 -3.4% $470,000 0.0% 3.8%

WILLOW VALE ^ 2 N/A N/A $825,000 9.6% N/A

WORONGARY 9 N/A N/A $405,000 8.0% 6.7%

WORONGARY ^ 3 N/A N/A $627,500 8.2% 8.2%

YATALA ^ 6 N/A N/A $621,750 N/A N/A

SURROUNDS

SCENIC RIM (LGA) 49 $355,000 -2.1% $350,000 2.9% 2.9%

SCENIC RIM (LGA) ^ 55 $476,000 -0.8% $460,000 3.6% 4.0%

BEAUDESERT 16 $310,000 -3.1% $310,000 -1.6% 0.0%

BOONAH 1 N/A N/A $283,500 3.1% -0.5%

KOORALBYN ^ 3 N/A N/A $315,000 1.2% 0.0%

TAMBORINE ^ ~ 15 $492,500 -15.5% $515,000 8.9% 8.7%

TAMBORINE MOUNTAIN 19 $417,500 -0.6% $417,500 6.4% -7.2%

TAMBORINE MOUNTAIN ^ ~ 7 N/A N/A $602,500 -10.5% -2.8%

GOLD COAST (LGA) 1,595 $350,000 0.0% $352,000 3.5% -2.2%

ARUNDEL 12 $295,000 N/A $300,000 0.0% -3.2%

ASHMORE 22 $280,000 -4.7% $275,000 7.8% -7.1%

BENOWA - 6 N/A N/A $370,000 -1.3% 15.6%

BIGGERA WATERS * f 58 $325,000 2.8% $376,000 14.3% 10.6%

BILINGA ~ 8 N/A N/A $415,000 21.5% -21.7%

BROADBEACH ~ f 63 $450,000 18.4% $420,000 -10.6% -6.7%

BROADBEACH WATERS 6 N/A N/A $370,000 5.7% -7.5%

BUNDALL 5 N/A N/A $325,500 0.9% 1.7%

BURLEIGH HEADS 68 $405,000 3.6% $378,250 5.1% -4.5%

BURLEIGH WATERS 38 $320,000 -5.2% $330,000 4.8% -8.3%

CARRARA - ~ 35 $338,750 -9.4% $394,950 -1.3% 3.0%

CLEAR ISLAND WATERS - 11 $431,500 N/A $439,750 4.7% 17.3%

COOLANGATTA ~ f 55 $366,000 -8.5% $375,000 -3.8% -15.1%

COOMBABAH 39 $310,000 -3.1% $300,000 0.0% -3.2%

COOMERA - t * 6 N/A N/A $240,250 -14.2% -18.6%

CURRUMBIN 8 N/A N/A $391,500 1.0% -6.8%

CURRUMBIN WATERS ~ f 14 $302,500 -11.9% $300,000 4.9% -6.1%

ELANORA 18 $297,500 -2.1% $295,000 3.5% -4.8%

HELENSVALE - ~ t 24 $329,500 -7.6% $311,250 22.1% 3.8%

HIGHLAND PARK 6 N/A N/A $247,000 N/A -13.3%

HOPE ISLAND - 23 $420,000 7.3% $365,000 9.4% 8.1%

LABRADOR ~ 67 $317,000 -1.7% $320,000 12.6% 3.2%

MAIN BEACH ~ f 41 $530,000 -19.4% $555,000 -2.6% -10.8%

MERMAID BEACH f 34 $405,000 38.7% $350,000 12.9% -2.0%

MERMAID WATERS ~ f 31 $316,500 20.5% $300,000 2.6% -4.8%

MERRIMAC ~ 16 $284,000 1.4% $355,000 18.3% 12.7%

MIAMI 26 $365,000 5.8% $340,500 0.1% -5.4%

MUDGEERABA ~ t 17 $328,000 16.7% $315,000 -11.3% -6.0%

NERANG 41 $256,000 0.4% $271,000 5.9% -4.9%

ORMEAU 7 N/A N/A $324,500 6.4% -7.6%

OXENFORD ~ t 16 $292,500 10.2% $270,000 10.9% -3.6%

PACIFIC PINES ~ t 32 $365,000 14.1% $367,500 5.6% 0.7%

PALM BEACH 59 $355,000 -5.3% $350,000 8.2% 0.0%

PARADISE POINT ~ f 15 $450,000 -17.4% $510,000 -11.7% 20.0%

PIMPAMA - ~ t 12 $342,000 N/A $366,400 -5.9% N/A

REEDY CREEK ~ 14 $305,000 -3.6% $299,000 16.8% 0.3%

ROBINA 33 $380,500 -4.3% $400,000 -2.4% -7.0%

RUNAWAY BAY ~ f 21 $395,000 -9.2% $420,000 -2.9% -1.2%

SOUTHPORT ~ f 114 $297,750 -12.4% $329,500 9.8% -9.7%

SURFERS PARADISE 226 $348,000 5.5% $350,500 1.6% -5.3%

TUGUN 25 $377,500 5.4% $375,000 7.1% -12.0%

UPPER COOMERA - 15 $305,000 0.0% $295,000 3.5% -13.2%

VARSITY LAKES 42 $370,000 -5.1% $375,000 4.4% -3.9%

SURROUNDS

SCENIC RIM (LGA) ~ t 7 N/A N/A $260,000 N/A 30.0%

Local agents report the 2018 Commonwealth Games is driving renewed interest in the market from local, interstate and overseas investors

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



UN

IT PRICEPOIN

TS - PRELIMIN

ARY SALES NU

MBERS

44

330

651

371

3057

363

860

454

45

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



182207

99

433

197

260

111

465

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




235

447391

241

46

273

520451

290

36

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



79

181164

109

23

105

197177

105

27

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



18

9

03

9 8

2 2



135

55

15 18

137

63

17 14



18

9 10

4

21

15

4 3



5 5

7

0

6 6 6

3



4232

158

60

47

2113



9

6

9

2

10

75

3



7

11

17

89

1311

6


MAR 14 JUN 14


4236

14

2

4336

18

7


MAR 14 JUN 14


LAND PRICEPO

INTS - PRELIM

INARY SALES N

UM

BERS BY PRICE RANGE

13

59

38

9

43 40 4031

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



53

21

5

71

36

3

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




64

26

5 6

88

33

816

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


MAR 14 JUN 14


50

20 15 10

71

35

2110

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


MAR 14 JUN 14


30

1 1

40

1 0

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


MAR 14 JUN 14


62

81

56

91

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


MAR 14 JUN 14


42

1 2

57

0 0

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



14

1 0

16

0 1

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


MAR 14 JUN 14


25

71

41

61

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



29

1 0

52

50

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



36

70

24

2 2

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



44

4 1

84

5 2

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


MAR 14 JUN 14




RENTAL MARKET - 2 BED UNITSPOST JUN-14 JUN-13


RENTAL MARKET - 3 BED TOWNHOUSES

GOLD COAST CITY $430 960 $420 1,005

4208 BURNSIDE $390 26 $370 30

4209 COOMERA $380 97 $365 73

4210 OXENFORD $390 18 $390 27

4211 ADVANCETOWN $400 106 $385 124

4212 HELENSVALE $440 62 $435 45

4213 BONOGIN $430 55 $430 37

4214 ARUNDEL $420 82 $400 87

4215 LABRADOR $400 112 $385 105

4216 PARADISE POINT $410 64 $390 77

4217 BENOWA $560 28 $575 52

4218 BROADBEACH $520 41 $500 83

4220 BURLEIGH HEADS $485 52 $465 52

4221 ELANORA $480 47 $440 46

4223 CURRUMBIN $465 29 $410 19

4224 TUGUN $430 13 $440 14

4225 BILINGA $440 6 $400 12

4226 CLEAR ISLAND WATERS $450 79 $450 76

4227 REEDY CREEK $440 39 $430 41

SCENIC RIM REGIONAL $340 114 $300 112

4270 TAMBORINE $380 6 $370 8

4271 EAGLE HEIGHTS $380 9 $350 9

4272 MOUNT TAMBORINE $385 19 $360 9

4275 BENOBBLE $360 8 $390 10

4285 ALLENVIEW $310 46 $300 45

4307 COLEYVILLE $240 5 N.A. 3

4309 ARATULA $265 5 $265 9

4310 ALLANDALE $260 13 $250 17

GOLD COAST CITY $360 2,408 $350 2,487

4209 COOMERA $310 11 $300 11

4210 OXENFORD $300 14 $290 22

4211 ADVANCETOWN $365 46 $310 35

4212 HELENSVALE $420 48 $390 44

4214 ARUNDEL $325 26 $290 28

4215 LABRADOR $350 475 $340 513

4216 PARADISE POINT $350 198 $330 174

4217 BENOWA $395 574 $380 567

4218 BROADBEACH $365 340 $360 375

4220 BURLEIGH HEADS $370 185 $360 194

4221 ELANORA $310 137 $310 139

4223 CURRUMBIN $365 36 $350 46

4224 TUGUN $330 44 $310 40

4225 BILINGA $330 105 $325 125


4227 REEDY CREEK $336 111 $350 121

SCENIC RIM REGIONAL $220 37 $216 37

4285 ALLENVIEW $210 30 $200 28

GOLD COAST CITY $380 1,089 $375 1,181

4208 BURNSIDE $370 13 $370 14

4209 COOMERA $350 137 $340 174

4210 OXENFORD $350 19 $350 15

4211 ADVANCETOWN $370 175 $360 215

4212 HELENSVALE $435 52 $420 38

4213 BONOGIN $370 29 $350 39

4214 ARUNDEL $380 49 $360 43

4215 LABRADOR $380 128 $385 120

4216 PARADISE POINT $400 99 $355 102

4217 BENOWA $480 49 $450 54

4218 BROADBEACH $420 26 $390 25

4220 BURLEIGH HEADS $380 33 $365 38

4221 ELANORA $390 17 $380 34

4223 CURRUMBIN $370 16 $365 17

4224 TUGUN $430 20 $430 29


4227 REEDY CREEK $410 79 $400 75

SCENIC RIM REGIONAL $310 10 N.A. 4

4285 ALLENVIEW $310 10 N.A. 4

GOLD COAST (LGA) 145 $235,000 1.7% $230,000 1.3% -1.7%

GOLD COAST (LGA) ^ ~ * 24 $315,000 N/A $356,750 1.9% -18.9%

COOMERA * 26 $225,000 N/A $222,000 N/A -7.5%

GILSTON * 9 N/A N/A $250,000 5.0% 14.2%

HELENSVALE 6 N/A N/A $485,000 N/A N/A

ORMEAU 6 N/A N/A $220,000 -2.2% 1.9%

ORMEAU HILLS 5 N/A N/A $217,000 5.3% N/A

PIMPAMA * 27 $218,500 0.9% $218,750 -4.4% -8.9%

REEDY CREEK * 11 $320,000 N/A $318,495 N/A 8.1%

UPPER COOMERA * 19 $237,500 3.5% $229,500 4.1% -0.2%

WILLOW VALE * 2 N/A N/A $195,000 N/A N/A

SURROUNDS

SCENIC RIM (LGA) 13 N/A N/A $177,250 -1.3% -4.2%

SCENIC RIM (LGA) ^ ~ 10 $198,500 -15.5% $204,000 14.6% 20.0%

KOORALBYN ^ 3 N/A N/A $99,500 N/A -9.5%



JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE

19


JUNE QUARTER 2014

UNIT MARKET

Preliminary data shows sales activity in Toowoomba’s unit and townhouse market increased by three per cent over the June quarter.

Local agents report a Toowoomba Regional Council incentive in 2013 to halve application fees for strata titled units has resulted in hundreds of new apartments being built and sold.

Unit sales up to $350,000 remained steady, with higher prices units and townhouses recorded solid increases in sales. Demand, prices and sales activity are expected to remain firm throughout the Spring selling period and heading into 2015.

RENTAL MARKET

Toowoomba’s rental market remained very tight at the end of June, recording a vacancy rate of 1.5 per cent.

This was up marginally from the end of March, but the thriving regional city’s vacancy rate has not gone above the two per cent mark since December 2011.

Local agents report a steady demand for well maintained and presented properties. They also report that landlords are taking the opportunity to increase rental returns to reflect the higher market value of their properties.

Strong interstate investment continues to add to the supply of rental stock, which is being absorbed by a growing workforce as the city undergoes a new wave of economic development

Toowoomba continues to be one of Queensland’s strongest performing real estate regions, with median sale prices rising by more than 20 per cent over the last five years.

This trajectory of growth continued in the June quarter amid rising sales volumes and higher house prices. The Toowoomba economy is performing strongly, with its agricultural and resource sectors going from strength to strength.

New infrastructure projects including the recently opened Wellcamp Airport and proposed Second Range Crossing are also generating economic development and jobs, which is driving growth in the housing sector.

Local agents are optimistic these trends will persist into the Spring before continuing in 2015.

HOUSE MARKET

Preliminary house sales figures show a five per cent rise in Toowoomba in the June quarter, with acreage properties also recording a strong increase of nine per cent.

Toowoomba’s median house price was up 3.4 per cent in the June quarter to $336,000.

East Toowoomba, South Toowoomba and Wilsonton all recorded double digit sales growth in the June quarter, with Rangeville and Toowoomba City also recording sales increases.

In the wider Toowoomba region Oakey and Highfields also saw an increase in sales in the June quarter.

Local agents report the housing market performed well in all price brackets, with stock remaining tight and demand solid. Sale volumes have increased across most areas of the market with the medium price of houses increasing by 7.5 per cent in the year to June 2014.

Preliminary data shows a strong increase in the $350,000 to $500,000 price bracket. Prestige house sales above $500,000 also increase by more than 50 per cent in the June quarter, with 60 properties changing hands.

Agents are reporting increased competition for new listings from both listing agents and buyers alike.

Average vendor discounting in Toowoomba is down to 4.6 per cent, compared to 7.3 per cent in June 2013, and continues to be the lowest across all major regions.

TOOWOOMBAHO

USE PRICEPO

INTS - PRELIM

INARY SALES N

UM

BERS

112

722

1401

164166

770

1840

235

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



973 972

409

18

1154 1157

472

18

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




70

480 490

7765

480548

84

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


MAR 14 JUN 14


81

437

311

3179

440

346

37

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


MAR 14 JUN 14


156

217

139

41

9


MAR 14 JUN 14


143170

58

146

193

64


MAR 14 JUN 14


159

48

11

185

4114



21

51

24

43

55

18


MAR 14 JUN 14


187 184

56

167 174

47


MAR 14 JUN 14


53

114

4056

84

31



144

78

30

153

68

20



288

163

39

294

184

60



UN

IT PRICEPOIN

TS - PRELIMIN

ARY SALES NU

MBERS

44

330

651

371

3057

363

860

454

45

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



182207

99

433

197

260

111

465

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




235

447391

241

46

273

520451

290

36

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



79

181164

109

23

105

197177

105

27

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



18

9

03

9 8

2 2



135

55

15 18

137

63

17 14



18

9 10

4

21

15

4 3



5 5

7

0

6 6 6

3



4232

158

60

47

2113



9

6

9

2

10

75

3



7

11

17

89

1311

6


MAR 14 JUN 14


4236

14

2

4336

18

7


MAR 14 JUN 14


LAND PRICEPO

INTS - PRELIM

INARY SALES N

UM

BERS BY PRICE RANG

E

13

59

38

9

43 40 4031

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



53

21

5

71

36

3

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




64

26

5 6

88

33

816

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


MAR 14 JUN 14


50

20 15 10

71

35

2110

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


MAR 14 JUN 14


30

1 1

40

1 0

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


MAR 14 JUN 14


62

81

56

91

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


MAR 14 JUN 14


42

1 2

57

0 0

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



14

1 0

16

0 1

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


MAR 14 JUN 14


25

71

41

61

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



29

1 0

52

50

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



36

70

24

2 2

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



44

4 1

84

5 2

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


MAR 14 JUN 14









JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE



JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE



TOOWOOMBA (LGA) 550 $336,000 3.4% $330,000 10.0% 23.6%

TOOWOOMBA (LGA) ^ ~ 111 $475,000 -8.7% $478,000 8.9% 24.8%

CABARLAH ^ 4 N/A N/A $520,000 N/A N/A

CENTENARY HEIGHTS 37 $342,500 1.6% $343,000 7.2% 23.6%

COTSWOLD HILLS ^ 5 N/A N/A $545,000 3.8% N/A

CROWS NEST ~ 6 N/A N/A $246,000 -3.5% 20.0%

DARLING HEIGHTS 21 $342,000 5.6% $335,000 8.1% 21.8%

EAST TOOWOOMBA ~ 39 $437,000 5.3% $410,000 13.1% 24.4%

GLENVALE 14 $366,500 8.1% $343,500 2.5% 18.3%

GLENVALE ^ 5 N/A N/A $495,000 -6.9% 8.8%

GOWRIE JUNCTION ^ ~ 5 N/A N/A $410,000 N/A 33.6%

HARLAXTON ~ 11 $255,000 -12.1% $255,000 2.0% 13.2%

HARRISTOWN 38 $298,500 -0.2% $299,100 10.8% 23.0%

HIGHFIELDS 11 $435,000 N/A $453,000 2.5% 13.3%

HIGHFIELDS ^ ~ * 27 $535,000 7.5% $519,500 13.1% 27.6%

KEARNEYS SPRING ~ * 21 $412,500 19.6% $357,000 8.3% 23.1%

KINGSTHORPE ~ * 5 N/A N/A $297,000 20.7% 18.8%

KLEINTON 12 $518,500 N/A $480,000 12.9% N/A

MERINGANDAN WEST 5 N/A N/A $380,000 10.1% N/A

MERINGANDAN WEST ^ 3 N/A N/A $309,000 -3.4% 1.6%

MIDDLE RIDGE ^ 2 N/A N/A $740,000 12.5% N/A

MIDDLE RIDGE ~ 24 $517,000 14.0% $466,500 3.7% 18.1%

MILLMERRAN 6 N/A N/A $196,000 N/A N/A

MOUNT LOFTY ~ 17 $424,000 2.3% $388,500 15.6% 19.5%

NEWTOWN 46 $290,500 -3.0% $285,000 11.7% 21.3%

NORTH TOOWOOMBA ~ 17 $326,000 2.2% $297,000 10.8% 29.1%

OAKEY * 16 $216,500 5.2% $220,400 14.2% 10.2%

PITTSWORTH ~ 11 $320,000 24.3% $275,000 0.0% 8.5%

RANGEVILLE 37 $400,000 6.0% $385,000 1.1% 10.5%

ROCKVILLE 15 $305,000 3.4% $273,750 11.7% 17.1%

SOUTH TOOWOOMBA ~ 32 $310,000 3.3% $312,550 12.9% 26.0%

TOOWOOMBA CITY ~ 15 $310,000 -4.2% $317,500 13.4% 18.5%

WESTBROOK 17 $434,000 0.9% $431,000 5.4% 17.4%

WILSONTON 28 $332,000 2.2% $304,000 8.8% 24.1%

WILSONTON HEIGHTS 13 $280,000 -0.9% $280,000 7.8% 24.4%

WYREEMA 7 N/A N/A $299,250 N/A 8.8%

SURROUNDS

GOONDIWINDI (LGA) ~ 20 $225,000 -13.1% $228,000 6.0% -3.6%

GOONDIWINDI ~ 15 $242,000 -35.5% $270,000 0.7% 5.9%

SOUTHERN DOWNS (LGA) ~ 51 $252,000 -3.1% $250,000 11.1% 10.1%

SOUTHERN DOWNS (LGA) ^ 26 $305,000 -3.2% $325,000 8.3% 6.6%

ROSENTHAL HEIGHTS 3 N/A N/A $303,000 N/A N/A

STANTHORPE 7 N/A N/A $240,500 4.1% 10.3%

WARWICK 33 $254,500 -7.5% $257,000 8.2% 9.4%

WARWICK ^ 1 N/A N/A $275,000 N/A N/A

WESTERN DOWNS (LGA) ~ 37 $227,000 -15.9% $290,000 -2.8% 20.8%

WESTERN DOWNS (LGA) ^ ~ 23 $337,500 9.0% $400,000 3.4% 29.7%

CHINCHILLA ~ Y 6 N/A N/A $350,000 -9.1% 40.0%

DALBY ^ 11 $415,000 N/A $435,000 -3.3% 12.1%

DALBY ~ 24 $234,500 -12.2% $265,000 6.0% 6.0%

TOOWOOMBA (LGA) * 104 $272,250 0.8% $275,000 8.7% 22.2%

CENTENARY HEIGHTS 9 N/A N/A $322,548 2.2% N/A

EAST TOOWOOMBA ~ 11 $215,000 -11.5% $240,000 -2.4% 13.7%

HARRISTOWN ~ t 9 N/A N/A $245,500 27.2% 12.6%

KEARNEYS SPRING 14 $268,500 -4.6% $285,000 5.6% 18.3%

NEWTOWN 17 $251,000 N/A $239,500 1.1% 10.1%

RANGEVILLE 3 N/A N/A $322,000 10.0% 18.4%

SOUTH TOOWOOMBA * t 9 N/A N/A $289,500 25.7% N/A

TOOWOOMBA CITY * 6 N/A N/A $260,000 N/A 33.3%

WILSONTON 6 N/A N/A $244,000 -5.4% 5.4%

SURROUNDS

WESTERN DOWNS (LGA) 1 N/A N/A $385,000 10.8% N/A

CHINCHILLA - N/A N/A $380,227 6.5% N/A

TOOWOOMBA (LGA) * 28 $160,834 -6.5% $154,000 -3.4% 40.0%

TOOWOOMBA (LGA) ^ * 28 $180,000 -5.3% $177,250 18.2% 19.0%

GLENVALE * - N/A N/A $170,000 6.3% 49.1%

GOWRIE JUNCTION ^ ~ 3 N/A N/A $173,000 16.9% N/A

HIGHFIELDS ^ * 7 N/A N/A $200,000 N/A 33.3%

HODGSON VALE ^ 3 N/A N/A $185,000 N/A N/A

KLEINTON * 7 N/A N/A $152,000 -4.4% N/A

WESTBROOK * - N/A N/A $154,000 1.3% 55.6%

SURROUNDS

SOUTHERN DOWNS (LGA) 11 N/A N/A $79,000 4.8% -7.1%

WESTERN DOWNS (LGA) * 4 N/A N/A $150,000 -1.3% 53.1%

WESTERN DOWNS (LGA) ^ ~ 9 N/A N/A $135,000 12.5% 42.1%

CHINCHILLA * 1 N/A N/A $150,000 3.4% 59.6%

DALBY ^ 4 N/A N/A $120,000 4.3% 14.3%

TOOWOOMBA REGIONAL $300 588 $295 589

4350 KEARNEYS SPRING $310 451 $300 452

4352 AMIENS $340 18 $300 20

4355 ANDURAMBA $250 16 $240 11

4356 PITTSWORTH $270 14 $295 11

4357 BRINGALILY $240 6 $245 10

4359 ASCOT $300 9 N.A. 2

4361 BACK PLAINS $230 14 $240 10

4363 SOUTHBROOK $250 5 N.A. 1

4400 KINGSTHORPE $290 6 $260 9

4401 ACLAND $270 38 $255 41

4614 NEUMGNA $220 5 $220 9

GOONDIWINDI REGIONAL $290 43 $280 39

4387 BRUSH CREEK $230 5 N.A. 1

4390 BILLA BILLA $290 33 $285 31

SOUTHERN DOWNS REGIONAL $250 147 $240 148

4362 ALLORA $265 8 N.A. 2

4370 ALLAN $250 94 $250 86

4380 AMIENS $240 31 $230 44

WESTERN DOWNS REGIONAL $300 141 $350 187

4405 BLAXLAND $290 74 $300 85

4413 BAKING BOARD $380 43 $450 54

4415 MILES $350 6 $500 18

4421 GORANBA $280 5 $210 9


4350 KEARNEYS SPRING $250 296 $230 298

4352 AMIENS $258 6 N.A. 2

GOONDIWINDI REGIONAL $200 34 $190 35

4390 BILLA BILLA $200 34 $190 34

SOUTHERN DOWNS REGIONAL $200 55 $200 54

4370 ALLAN $199 41 $200 36

4380 AMIENS $200 13 $165 14

WESTERN DOWNS REGIONAL $250 57 $245 58

4405 BLAXLAND $220 22 $230 31

4413 BAKING BOARD $320 25 $400 19


4350 KEARNEYS SPRING $320 14 $295 24

21


JUNE QUARTER 2014

UNIT MARKET

In the unit and townhouse market, Noosa once again was the star performer, with sales activity up 31 per cent, compared to just three per cent for the Sunshine Coast council area. Top performing suburbs include Kings Beach and Sunrise Beach, while in Nambour and Buderim sales were also up over the quarter.

With close proximity to beaches in high demand, the top sales increases over the year to June were recorded in Mooloolaba, Maroochydore and Kings Beach.

Across the Sunshine Coast region, including Noosa, sales activity was up across most price points, with the affordable end of the market performing strongest. Unit sales in the sub-$250,000 bracket were up 33 per cent compared to the March quarter, followed by the $250,000-plus bracket, up 9 per cent.

RENTAL MARKET

While investor activity is on the increase, tenant demand remains strong given the employment opportunities surrounding the multiple infrastructure and commercial developments in the region.

According to the REIQ’s latest rental survey, vacancy levels at the end of June tightened to 1.1 per cent for the Sunshine Coast council area, with Caloundra and Maroochy coastal suburbs recording 0.9 per cent and the hinterland two per cent. The Noosa Council area saw its vacancy rate ease to 2 per cent on the back of strong investor activity.

Tight vacancy rates for well over a year now are now converting to higher asking rents. Over the June quarter, median weekly rents for three bedroom house and two bedroom flats across the two council areas recorded minimal increases of $20.

The Sunshine Coast residential property market continues to go from strength to strength, with average time on market and vendor discounting one of the most improved over the last 12 months.

Over the year to June 2013, the region posted average days on market of 112 for houses and 125 for units, and average vendor discounting of 7.8 and 8.5 per cent respectively.

A year later, houses are now selling on average after 91 days and units 107 days. Average vendor discounting has also improved, with discounting six per cent for houses and 6.5 per cent for units, effectively putting nearly $8,500 more in vendors’ pockets for a median priced house.

Overall, market conditions are said to be varied from location to location, with coastal suburbs outperforming those located inland.

HOUSE MARKET

Over the June quarter, sales activity was varied across the region, with Noosa posting an increase of 22 per cent, while the Sunshine Coast Regional council area eased slightly. According to local agents, however this was short-lived, with sales over the months to September reportedly ramping up once again.

According to local agents, activity has been up across the board, with sales occurring as low as the $200,000s to upwards of $1.5 million. Most activity, however, is occurring at the affordable end of the market up to $600,000.

REIQ’S price point data confirms this, with the highest number of preliminary sales numbers recorded in the $350,000-plus bracket. Increased sales activity, however, was most prominent in the $500,000-plus bracket with an additional 35 preliminary sales recorded on the March quarter, which local agents say is dominated by home buyers.

Investors in this segment of the market are said to be active but many are missing out due to competition from premium home owner buyers.

Top performing suburbs were predominantly with medians in the mid-$400,000s, including Little Mountain, Maleny and Sippy Downs.

SUNSHINE COAST

UN

IT PRICEPOIN

TS - PRELIMIN

ARY SALES NU

MBERS

44

330

651

371

3057

363

860

454

45

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



182207

99

433

197

260

111

465

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




235

447391

241

46

273

520451

290

36

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



79

181164

109

23

105

197177

105

27

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



18

9

03

9 8

2 2



135

55

15 18

137

63

17 14



18

9 10

4

21

15

4 3



5 5

7

0

6 6 6

3



4232

158

60

47

2113



9

6

9

2

10

75

3



7

11

17

89

1311

6


MAR 14 JUN 14


4236

14

2

4336

18

7


MAR 14 JUN 14


LAND PRICEPO

INTS - PRELIM

INARY SALES N

UM

BERS BY PRICE RANGE

13

59

38

9

43 40 4031

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



53

21

5

71

36

3

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




64

26

5 6

88

33

816

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


MAR 14 JUN 14


50

20 15 10

71

35

2110

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


MAR 14 JUN 14


30

1 1

40

1 0

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


MAR 14 JUN 14


62

81

56

91

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


MAR 14 JUN 14


42

1 2

57

0 0

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



14

1 0

16

0 1

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


MAR 14 JUN 14


25

71

41

61

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



29

1 0

52

50

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



36

70

24

2 2

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



44

4 1

84

5 2

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


MAR 14 JUN 14


HOU

SE PRICEPOIN

TS - PRELIMIN

ARY SALES NU

MBERS

112

722

1401

164166

770

1840

235

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



973 972

409

18

1154 1157

472

18

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




70

480 490

7765

480548

84

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


MAR 14 JUN 14


81

437

311

3179

440

346

37

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


MAR 14 JUN 14


156

217

139

41

9


MAR 14 JUN 14


143170

58

146

193

64


MAR 14 JUN 14


159

48

11

185

4114



21

51

24

43

55

18


MAR 14 JUN 14


187 184

56

167 174

47


MAR 14 JUN 14


53

114

4056

84

31



144

78

30

153

68

20



288

163

39

294

184

60








JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE



JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE

SUNSHINE COAST (LGA) # 788 $468,000 0.2% $460,000 5.7% 4.1%

SUNSHINE COAST (LGA) ^ ~ # 152 $547,500 -7.2% $553,500 6.4% -3.7%

ALEXANDRA HEADLAND 3 N/A N/A $692,500 -3.8% -5.8%

AROONA 10 $434,500 -5.0% $432,500 0.6% 2.7%

BATTERY HILL ~ 5 N/A N/A $429,000 14.4% 9.0%

BEERWAH 20 $375,000 -1.3% $378,500 2.3% -1.7%

BEERWAH ^ 6 N/A N/A $465,000 N/A -3.1%

BLI BLI ~ 22 $442,500 12.9% $430,000 15.0% 13.2%

BUDDINA 9 N/A N/A $535,000 8.5% -11.2%

BUDERIM 110 $535,000 3.4% $525,000 8.2% 1.9%

BUDERIM ^ ~ 2 N/A N/A $820,000 14.7% -1.8%

BURNSIDE 9 N/A N/A $370,000 5.3% 2.4%

CALOUNDRA WEST 19 $425,000 6.3% $412,000 6.6% -0.7%

COES CREEK 9 N/A N/A $367,500 6.5% 1.9%

COOLUM BEACH ~ 29 $532,500 10.9% $480,000 11.6% 2.1%

CURRIMUNDI 33 $440,000 1.9% $434,000 8.1% 2.1%

DICKY BEACH 5 N/A N/A $574,500 5.4% N/A

EUMUNDI ^ ~ 3 N/A N/A $575,000 -10.5% N/A

GLASS HOUSE MOUNTAINS 17 $395,000 -1.6% $395,000 2.6% -4.1%

GLASS HOUSE MOUNTAINS ^ 7 N/A N/A $420,000 0.0% -1.1%

GLENVIEW ^ 5 N/A N/A $580,000 14.3% 0.9%

GOLDEN BEACH 21 $465,000 3.6% $435,000 5.6% 0.0%

KULUIN ~ 10 $394,750 N/A $408,000 20.5% 2.8%

LANDSBOROUGH 12 $352,500 N/A $347,500 -0.7% -3.5%

LANDSBOROUGH ^ ~ 6 N/A N/A $500,000 17.6% 9.3%

LITTLE MOUNTAIN 37 $473,000 6.3% $461,000 6.8% 1.3%

MALENY 13 $428,000 N/A $421,000 0.2% 0.2%

MALENY ^ ~ 5 N/A N/A $582,500 9.9% -8.1%

MAPLETON 3 N/A N/A $385,250 N/A -3.4%

MARCOOLA ~ f 10 $462,500 N/A $463,500 -11.7% 5.9%

MAROOCHY RIVER ^ 3 N/A N/A $545,000 0.9% N/A

MAROOCHYDORE 39 $454,000 4.6% $462,500 2.8% 7.6%

MERIDAN PLAINS 6 N/A N/A $462,500 11.4% 4.4%

MINYAMA ~ f 8 N/A N/A $690,000 -17.6% -25.0%

MOFFAT BEACH ~ f 5 N/A N/A $585,000 18.2% 13.0%

MOOLOOLABA ~ f 20 $573,750 -6.7% $582,500 2.4% 6.9%

MOOLOOLAH VALLEY ^ ~ 7 N/A N/A $482,000 -7.3% -14.0%

MOOLOOLAH VALLEY ~ 3 N/A N/A $392,000 26.5% 3.3%

MOUNT COOLUM 7 N/A N/A $462,500 2.0% -3.4%

MOUNTAIN CREEK 45 $525,000 9.4% $500,000 5.8% 5.3%

MUDJIMBA ~ 5 N/A N/A $515,000 12.0% 7.3%

NAMBOUR 33 $330,000 1.5% $325,000 4.7% -3.4%

PACIFIC PARADISE ~ 9 N/A N/A $382,500 15.0% 3.4%

PALMWOODS 9 N/A N/A $410,000 1.2% -6.8%

PALMWOODS ^ 6 N/A N/A $660,000 13.4% -1.9%

PARREARRA ~ f 15 $527,500 -12.8% $540,000 2.9% 6.3%

PELICAN WATERS ~ f 18 $712,000 16.9% $605,000 0.8% 2.5%

PEREGIAN SPRINGS 22 $580,000 2.7% $565,750 8.8% 7.8%

SIPPY DOWNS 48 $440,000 2.3% $420,000 2.9% -2.3%

TANAWHA ^ 9 N/A N/A $735,000 N/A 5.8%

TWIN WATERS 10 $668,000 2.0% $661,250 8.8% 3.3%

WARANA 10 $532,000 9.5% $497,000 10.4% 4.0%

WITTA ^ 1 N/A N/A $490,000 -2.0% -5.4%

WOOMBYE 11 $390,000 4.8% $390,000 2.6% 5.7%

WURTULLA 14 $442,500 1.5% $438,250 9.6% 4.1%

YANDINA 3 N/A N/A $355,000 8.2% N/A

YAROOMBA ~ f 6 N/A N/A $546,000 17.4% 13.8%

SURROUNDS

NOOSA (LGA) # 141 $554,000 4.3% $524,500 7.0% 9.0%

NOOSA (LGA) ^ # ~ 77 $500,000 -8.9% $531,000 1.6% -2.6%

BLACK MOUNTAIN ^ ~ 8 N/A N/A $482,500 -9.0% N/A

COOROIBAH ^ ~ 4 N/A N/A $540,000 -11.5% N/A

COOROY 10 $395,000 N/A $395,000 0.1% 2.3%

COOTHARABA ^ 7 N/A N/A $440,750 N/A N/A

DOONAN ^ 17 $600,000 N/A $625,000 -4.6% -4.9%

LAKE MACDONALD ^ 7 N/A N/A $490,000 6.5% 8.2%

NOOSA HEADS 14 $640,000 N/A $667,500 -0.7% 1.0%

NOOSAVILLE ~ f 31 $772,500 47.1% $675,000 -1.5% -6.4%


PEREGIAN BEACH ~ f 12 $615,000 20.9% $602,500 0.8% 9.5%

POMONA ^ 5 N/A N/A $471,500 4.9% -5.1%

SUNRISE BEACH ~ f 13 $620,000 -23.5% $617,500 15.7% 1.5%

SUNSHINE BEACH ~ f 9 N/A N/A $1,100,000 42.4% 45.7%

TEWANTIN 40 $445,000 3.5% $425,000 4.9% -0.6%

SUNSHINE COAST (LGA) # 483 $348,950 -0.2% $343,000 0.9% 0.4%

ALEXANDRA HEADLAND 22 $322,500 -2.3% $325,000 8.0% 3.5%

BIRTINYA * 7 N/A N/A $385,000 -14.4% N/A

BUDDINA 6 N/A N/A $366,500 N/A -7.2%

BUDERIM 39 $400,000 3.1% $385,250 1.9% 11.7%

CALOUNDRA ~ 29 $335,000 -6.4% $342,500 -6.2% -9.9%

COOLUM BEACH 24 $372,500 3.5% $350,000 2.9% 6.5%

CURRIMUNDI 8 N/A N/A $345,000 4.5% 0.9%

GOLDEN BEACH ~ f 16 $332,500 -13.4% $352,500 8.5% -3.3%

KINGS BEACH 37 $337,000 7.7% $329,500 -3.1% -16.1%

MARCOOLA * f 7 N/A N/A $331,250 -1.4% 9.5%

MAROOCHYDORE 79 $368,000 2.9% $355,000 4.7% 2.9%

MINYAMA 9 N/A N/A $285,000 -1.4% -3.7%

MOOLOOLABA ~ f 49 $350,000 -14.9% $349,000 2.6% 0.3%

MOUNT COOLUM * t 14 $279,000 5.3% $265,000 -19.7% -19.7%

MOUNTAIN CREEK * f 15 $390,000 N/A $358,000 -0.3% 32.6%

NAMBOUR ~ 14 $181,000 N/A $213,000 -20.7% -16.6%

PARREARRA * 10 $394,250 N/A $412,500 19.2% -12.2%

PELICAN WATERS 7 N/A N/A $450,000 -1.6% 3.4%

TWIN WATERS 4 N/A N/A $477,000 3.6% -4.6%

SURROUNDS

NOOSA (LGA) # ~ f 145 $361,000 -7.4% $375,050 -6.2% -3.8%

NOOSA HEADS - f 25 $475,000 -6.6% $465,000 3.3% -8.8%

NOOSAVILLE - f 33 $335,000 -12.4% $350,000 -5.4% -0.7%

PEREGIAN BEACH 11 $335,000 N/A $373,500 -1.7% -13.1%

SUNRISE BEACH 19 $335,000 N/A $335,000 -2.9% -4.6%

SUNSHINE BEACH 13 $540,000 N/A $512,000 -8.6% -10.8%

TEWANTIN ~ 11 $241,500 N/A $310,000 -7.5% 1.6%

SUNSHINE COAST (LGA) # 121 $235,000 2.6% $231,500 0.7% 0.7%

SUNSHINE COAST (LGA) ^# * ~ 21 $312,500 13.1% $292,500 -2.5% -7.1%

BLI BLI * 9 N/A N/A $235,000 9.3% N/A

BUDERIM * 10 $325,000 N/A $275,000 -13.9% 6.8%

CALOUNDRA WEST * 3 N/A N/A $182,000 2.8% -23.2%

COOLUM BEACH 7 N/A N/A $266,375 -4.5% N/A

LITTLE MOUNTAIN 3 N/A N/A $230,000 5.0% -11.5%

MAROOCHYDORE * 12 $250,000 N/A $197,000 -14.3% N/A

MOUNTAIN CREEK 6 N/A N/A $249,000 -0.4% 10.7%

PELICAN WATERS f 4 N/A N/A $375,000 21.0% 22.1%

PEREGIAN SPRINGS + * 20 $265,000 N/A $230,000 -17.1% -17.9%

YANDINA 8 N/A N/A $189,500 N/A N/A

SURROUNDS

NOOSA (LGA) # 16 $270,000 2.9% $268,000 -2.5% 1.1%

NOOSA (LGA) ^ # ~ 8 N/A N/A $300,000 15.4% -1.6%

NOOSAVILLE 9 N/A N/A $271,000 -4.9% -2.8%

23


JUNE QUARTER 2014


FRASER COASTThe Fraser Coast property market appears to be on the move, spurred by growing buyer confidence and economic development in the region.

With the recent completion of the much-awaited extension to the existing Stockland Shopping Centre and the completion of the new St Stephens Private Hospital expected shortly, confidence is up and property sales are increasing. Local agents expect this economic development to bolster buyer confidence heading into 2015.

Hervey Bay continues to experience tight rental market conditions and construction activity is said to have increased, with more people moving to the area.

Maryborough remains an affordable place to buy property and has continued to experience steady demand. These trends are expected to continue for the remainder of the year.

HOUSE MARKET

Overall, the Fraser Coast saw a solid increase of seven per cent in preliminary sales activity over the June quarter, with a number of affordable end sales bringing the median price down five per cent.

Over the year to June however, the median house price was up 3.5 per cent.

As a result of reducing affordable stock levels and consistent demand, agents are reporting slight price improvements in the sub-$350,000 market, and an increase in demand for properties in the $350,000 to $500,000 price bracket.

Standout suburbs in the June quarter include Urangan, Scarness and Glenwood, which all recorded strong sales activity. Maryborough, Wondunna and Eli Waters also posted healthy sales increases.

Maryborough remains an affordable place to buy property and has continued to experience steady demand. Over the June quarter, the town recorded 45 preliminary sales – the highest on the Fraser Coast.

HOU

SE PRICEPOIN

TS - PRELIMIN

ARY SALES NU

MBERS

112

722

1401

164166

770

1840

235

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



973 972

409

18

1154 1157

472

18

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




70

480 490

7765

480548

84

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


MAR 14 JUN 14


81

437

311

3179

440

346

37

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


MAR 14 JUN 14


156

217

139

41

9


MAR 14 JUN 14


143170

58

146

193

64


MAR 14 JUN 14


159

48

11

185

4114



21

51

24

43

55

18


MAR 14 JUN 14


187 184

56

167 174

47


MAR 14 JUN 14


53

114

4056

84

31



144

78

30

153

68

20



288

163

39

294

184

60



SUNSHINE COAST REGIONAL (NEW) $400 743 $380 795

4518 GLASS HOUSE MOUNTAINS $340 9 $345 17

4519 BEERWAH $350 19 $350 25

4550 LANDSBOROUGH $380 11 $350 10

4551 AROONA $400 136 $380 133

4552 BALD KNOB $375 17 $350 32

4553 PALMVIEW $350 16 $365 11

4555 CHEVALLUM $360 11 $350 12

4556 BUDERIM $430 81 $400 86

4557 MOOLOOLABA $445 51 $400 36

4558 MAROOCHYDORE $400 53 $390 48

4559 DIDDILLIBAH $375 13 $360 15

4560 BLI BLI $370 97 $350 93

4561 BRIDGES $380 13 $350 14

4562 BELLI PARK $420 9 $420 16

4564 MARCOOLA $405 26 $380 34

4573 COOLUM BEACH $430 85 $400 106

4575 BIRTINYA $420 85 $400 90

NOOSA SHIRE (NEW) $400 146 $380 129

4565 BOREEN $390 46 $360 42

4566 NOOSAVILLE $430 10 $420 14

4567 CASTAWAYS BEACH $500 45 $450 35

4563 BLACK MOUNTAIN $390 18 $360 18

4568 FEDERAL $370 13 $350 12

4569 COORAN $290 9 $290 5

4571 KIN KIN $400 5 N.A. 3






4519 BEERWAH $153 6 N.A. 4

4551 AROONA $315 148 $300 171

4556 BUDERIM $330 28 $295 49

4557 MOOLOOLABA $320 102 $300 95

4558 MAROOCHYDORE $340 153 $325 155

4559 DIDDILLIBAH $280 7 $265 7

4560 BLI BLI $245 39 $240 38

4564 MARCOOLA $350 51 $300 57

4572 ALEXANDRA HEADLAND $380 54 $330 66

4573 COOLUM BEACH $330 71 $300 80

4575 BIRTINYA $395 71 $380 86

NOOSA SHIRE (NEW) $360 85 $330 126

4565 BOREEN $300 9 $280 5

4566 NOOSAVILLE $320 21 $330 42

4567 CASTAWAYS BEACH $380 52 $340 72


4551 AROONA $350 15 $330 16

4556 BUDERIM $390 24 $380 32

4557 MOOLOOLABA $355 55 $395 26

4558 MAROOCHYDORE $340 16 $365 27

4560 BLI BLI $360 11 $330 10

4564 MARCOOLA $385 14 $400 19

4573 COOLUM BEACH $395 18 $360 21

4575 BIRTINYA $460 8 $350 6

NOOSA SHIRE (NEW) $460 23 $420 25

4566 NOOSAVILLE $475 11 $400 9

4567 CASTAWAYS BEACH $460 10 $450 9



FRASER COAST CONTINUED

UNIT PRICEPOINTS - PRELIM

INARY SALES NUMBERS

44

330

651

371

3057

363

860

454

45

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



182207

99

433

197

260

111

465

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




235

447391

241

46

273

520451

290

36

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



79

181164

109

23

105

197177

105

27

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



18

9

03

9 8

2 2



135

55

15 18

137

63

17 14



18

9 10

4

21

15

4 3



5 5

7

0

6 6 6

3



4232

158

60

47

2113



9

6

9

2

10

75

3



7

11

17

89

1311

6


MAR 14 JUN 14


4236

14

2

4336

18

7


MAR 14 JUN 14


LAND PRICEPOINTS - PRELIM

INARY SALES NUMBERS BY PRICE RANGE

13

59

38

9

43 40 4031

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



53

21

5

71

36

3

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




64

26

5 6

88

33

816

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


MAR 14 JUN 14


50

20 15 10

71

35

2110

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


MAR 14 JUN 14


30

1 1

40

1 0

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


MAR 14 JUN 14


62

81

56

91

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


MAR 14 JUN 14


42

1 2

57

0 0

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



14

1 0

16

0 1

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


MAR 14 JUN 14


25

71

41

61

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



29

1 0

52

50

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



36

70

24

2 2

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



44

4 1

84

5 2

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


MAR 14 JUN 14


Average vendor discounting on the Fraser Coast is down to 7.5 per cent, compared to 12.8 per cent last year. Over the same period, average days on market on the Fraser Coast have fallen from 124 to 110.

Agents are reporting increased activity on the part of first home buyers as the market enters a new era of growth.

UNIT MARKET

Over the June quarter, sales activity was also up in the unit and townhouse market, most notably in the $250,000 to $350,000 price bracket. The increases are the result of strong demand for waterfront properties in the waterfront suburbs of Scarness and Urangan.

Over the year to June, unit sales were up in the suburb of Pialba, along with its annual median unit price which increased by 21.4 per cent. Unit sales were dominated by resales in a unit complex on the Esplanade, with a top sale of $600,000 - the highest sale for the suburb over the year along with another unit sold on Torquay Rd.

RENTAL MARKET

Fraser Coast continues to enjoy healthy market conditions with the vacancy rate remaining unchanged from the March quarter at 2.5 per cent. Local agents are reporting healthy tenant demand, with the growing population counteracting the oversupply of rental properties experienced in recent years.

While Hervey Bay is experiencing a relatively tight rental market, local agents say construction activity has increased as more people are moving to the area, which should see the rental market return to healthier market conditions.



JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE

FRASER COAST (LGA) ~ 248 $285,000 -5.0% $295,000 3.5% 0.0%

FRASER COAST (LGA) ^ 38 $370,000 -1.6% $365,000 -3.9% -5.2%

BOORAL ^ 4 N/A N/A $372,000 -2.1% -1.8%

BURRUM HEADS 7 N/A N/A $372,500 4.2% -3.4%

DUNDOWRAN BEACH ^ 1 N/A N/A $521,000 7.3% -3.1%

ELI WATERS ~ 14 $309,250 -13.4% $321,500 5.4% -2.3%

GLENWOOD ^ ~ 5 N/A N/A $202,500 -12.0% -9.7%

KAWUNGAN ~ 13 $337,750 12.6% $325,000 -0.9% 1.2%

MARYBOROUGH ~ 45 $188,000 -8.3% $200,000 -3.1% -14.9%

PIALBA ~ 5 N/A N/A $310,000 15.9% 12.5%

POINT VERNON ~ 26 $285,000 -15.6% $301,000 -2.3% -2.6%

RIVER HEADS ~ 6 N/A N/A $295,000 12.6% N/A

SCARNESS 16 $267,500 -2.7% $275,000 2.8% -1.8%

TINANA 8 N/A N/A $280,000 3.7% -6.7%

TINANA ^ ~ 3 N/A N/A $337,500 -11.4% -12.0%

TOOGOOM 8 N/A N/A $289,500 3.8% -9.5%

TORQUAY 19 $316,000 -0.5% $320,000 4.7% -3.0%

URANGAN 32 $315,000 1.6% $305,500 -1.5% -2.3%

URRAWEEN 14 $329,500 -4.1% $331,750 -2.2% -5.2%

WONDUNNA 6 N/A N/A $423,750 N/A 2.0%

SURROUNDS

GYMPIE (LGA) 107 $256,000 2.4% $260,000 -1.9% -7.1%

GYMPIE (LGA) ^ ~ 97 $336,000 7.7% $327,000 0.6% -6.6%

CARTERS RIDGE ^ 7 N/A N/A $250,000 N/A N/A

COOLOOLA COVE ~ 5 N/A N/A $256,500 -6.7% -17.3%

CURRA ^ 6 N/A N/A $265,000 -3.1% -2.9%

GYMPIE ~ 44 $220,000 -6.2% $230,000 -2.1% -13.2%

KANDANGA ^ 5 N/A N/A $268,525 N/A N/A

SOUTHSIDE 26 $319,500 N/A $316,000 0.3% -1.3%

SOUTHSIDE ^ 6 N/A N/A $347,500 N/A N/A

THE PALMS ^ 3 N/A N/A $303,500 11.4% N/A

TIN CAN BAY 7 N/A N/A $320,000 0.8% 4.9%

SOUTH BURNETT (LGA) ~ 46 $195,000 -12.9% $199,500 -3.9% -11.3%

SOUTH BURNETT (LGA) ^ ~ 19 $266,000 10.8% $265,000 3.9% -1.9%

KINGAROY ~ 22 $210,000 -22.2% $232,500 -5.1% -7.0%

MURGON ~ 3 N/A N/A $135,000 -20.6% -22.9%

NANANGO ~ 6 N/A N/A $175,000 -12.5% -17.6%


SALES MARKET - UNITS & TOWNHOUSESFRASER COAST (LGA) ~ 43 $255,000 -5.6% $255,000 -3.6% -11.2%

PIALBA * f 11 $215,000 -47.6% $312,500 21.4% 0.8%

SCARNESS 10 $244,500 N/A $260,000 0.0% -5.5%

TORQUAY 5 N/A N/A $213,500 -2.1% -26.4%

URANGAN ~ f 15 $260,000 18.2% $260,000 -8.8% -19.3%

FRASER COAST (LGA) f 57 $130,000 -13.3% $144,750 3.4% -2.2%

FRASER COAST (LGA) ^ ~ 19 $100,000 -13.0% $89,500 11.9% -8.7%

GLENWOOD ^ 9 N/A N/A $70,000 -2.8% -11.0%

RIVER HEADS 10 $107,500 N/A $100,000 N/A N/A

TOOGOOM f 7 N/A N/A $95,000 N/A -29.6%

URANGAN 3 N/A N/A $174,000 N/A 16.8%

URRAWEEN ~ 4 N/A N/A $179,500 14.3% 8.8%

WONDUNNA 7 N/A N/A $151,000 N/A -8.5%

SURROUNDS

GYMPIE (LGA) ~ 17 $110,000 22.2% $115,000 4.5% -5.7%

GYMPIE (LGA) ^ 15 $110,000 -4.8% $118,000 -1.7% -9.2%

CURRA ^ 3 N/A N/A $112,000 -2.6% -3.0%

GYMPIE 3 N/A N/A $127,500 6.3% 20.9%

25


JUNE QUARTER 2014


BUNDABERGThe Bundaberg real estate market is recording solid activity in its housing sector, while there has been an easing in unit and townhouse sales. This is producing something of a two-tier effect, with local agents saying interstate investors are becoming increasingly active in the unit and townhouse category.

Confidence is returning to the market, as evidenced by lower average days on market and relatively steady vendor discounting.

Buyer competition is said to be increasing and there’s a growing sense of optimism that the market is on the verge of an upswing heading into the spring selling season.

The local economy is also set to benefit from important new infrastructure including a new natural gas pipeline expected to create around 100 new full-time jobs, a boost in tourism for Lady Musgrave Island with a new plan allowing for extra tour operators and an upgrade to tourist facilities at Mon Repos Turtle Centre.

HOUSE MARKET

Bundaberg’s median house price recorded a 5.4 per cent increase in the June quarter to $284,000, despite a small drop in sales activity. There was a strong increase in sales in the $350,000 to $500,000 price bracket, with preliminary sales numbers nearly double that recorded during the March quarter.

Sales volumes were down around 10 per cent in the sub-$350,000 price point, however it still accounted for the majority of house sales for the region.

Top performing suburbs include Norville, Bargara, Millbank and Kalkie, which recorded increases in quarterly sales activity, along with steady results in Bundaberg North, Walkervale and Elliot Heads.

Average vendor discounting over the year in Bundaberg was down to seven per cent, compared to 9.7 per cent a year ago. Over the same period, average days on market in Bundaberg fell from 96 to 83.

UNIT MARKET

Bundaberg’s unit and townhouse market saw a drop in sales activity in the June quarter, however the median sale price for units saw a strong increase of 14.1 per cent to $267,000, driven by some upper end sales.

Sales volumes in the $250,000 to $350,000 sector were relatively steady, with local agents reporting increasing interest from interstate investors seeking higher yields. Meanwhile sales volumes in the sub-$250,000 segment of the market were down significantly, contributing to the overall increase in the region’s median sale price.

While average vendor discounting has improved over the year, average days on market have increased to 125 days over the year to May.

RENTAL MARKET

In Bundaberg, the three months to June saw vacancy rates improve slightly, although market conditions are still weak. Vacancy levels are at four per cent, local agents reporting faltering tenant demand. According to local agents, investors are still active with the strongest interest reportedly for NRAS properties.

Median weekly rents from the RTA for three bedroom houses remained unchanged at $285 compared to a year ago, while two bedroom flats were down $5 to $225 per week over the same period.

FRASER COAST REGIONAL $280 333 $270 339

4650 ALDERSHOT $260 128 $255 113

4655 BOORAL $290 176 $280 206

4659 BEELBI CREEK $270 26 $260 18

GYMPIE REGIONAL $260 185 $255 215

4570 AMAMOOR $260 143 $250 160

4580 COOLOOLA $270 30 $250 35

4581 EURONG $300 5 $320 12

4601 BARAMBAH $190 5 $195 5

SOUTH BURNETT REGIONAL $230 136 $240 135

4605 BARLIL $200 17 $195 17

4606 CHARLESTOWN $215 13 $215 12

4610 ALICE CREEK $250 59 $250 73

4615 BARKER CREEK FLAT $215 39 $230 28






4650 ALDERSHOT $180 39 $180 52

4655 BOORAL $250 122 $250 111


4570 AMAMOOR $200 43 $200 36

4580 COOLOOLA $240 7 N.A. 4

4581 EURONG $220 6 $190 8

SOUTH BURNETT REGIONAL $190 48 $190 62

4605 BARLIL $160 5 $165 6

4610 ALICE CREEK $200 34 $190 48

4615 BARKER CREEK FLAT $160 5 $160 5


4655 BOORAL $310 31 $300 49


4570 AMAMOOR $270 5 N.A. 4



UN

IT PRICEPOIN

TS - PRELIMIN

ARY SALES NU

MBERS

44

330

651

371

3057

363

860

454

45

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



182207

99

433

197

260

111

465

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




235

447391

241

46

273

520451

290

36

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



79

181164

109

23

105

197177

105

27

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



18

9

03

9 8

2 2



135

55

15 18

137

63

17 14



18

9 10

4

21

15

4 3



5 5

7

0

6 6 6

3



4232

158

60

47

2113



9

6

9

2

10

75

3



7

11

17

89

1311

6


MAR 14 JUN 14


4236

14

2

4336

18

7


MAR 14 JUN 14


LAND PRICEPO

INTS - PRELIM

INARY SALES N

UM

BERS BY PRICE RANGE

13

59

38

9

43 40 4031

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



53

21

5

71

36

3

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




64

26

5 6

88

33

816

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


MAR 14 JUN 14


50

20 15 10

71

35

2110

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


MAR 14 JUN 14


30

1 1

40

1 0

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


MAR 14 JUN 14


62

81

56

91

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


MAR 14 JUN 14


42

1 2

57

0 0

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



14

1 0

16

0 1

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


MAR 14 JUN 14


25

71

41

61

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



29

1 0

52

50

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



36

70

24

2 2

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



44

4 1

84

5 2

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


MAR 14 JUN 14






HOU

SE PRICEPOIN

TS - PRELIMIN

ARY SALES NU

MBERS

112

722

1401

164166

770

1840

235

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



973 972

409

18

1154 1157

472

18

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




70

480 490

7765

480548

84

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


MAR 14 JUN 14


81

437

311

3179

440

346

37

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


MAR 14 JUN 14


156

217

139

41

9


MAR 14 JUN 14


143170

58

146

193

64


MAR 14 JUN 14


159

48

11

185

4114



21

51

24

43

55

18


MAR 14 JUN 14


187 184

56

167 174

47


MAR 14 JUN 14


53

114

4056

84

31



144

78

30

153

68

20



288

163

39

294

184

60





JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE

BUNDABERG REGIONAL $285 355 $285 329

4660 ABINGTON $265 25 $270 25

4670 ABBOTSFORD $285 307 $290 284

4671 BOOLBOONDA $250 23 $250 20

NORTH BURNETT REGIONAL $210 38 $200 40

4621 BIGGENDEN $195 5 $210 8

4625 ARANBANGA $260 13 $265 11

4626 BEERON $280 8 $230 10

4630 BANCROFT $160 9 $160 8



BUNDABERG REGIONAL $225 166 $230 147

4660 ABINGTON $250 5 $210 7

4670 ABBOTSFORD $225 158 $230 139

BUNDABERG REGIONAL N/A 10 $280 17

4670 ABBOTSFORD $300 10 $280 15

BUNDABERG (LGA) ~ 195 $284,000 5.4% $280,000 -0.7% 2.2%

BUNDABERG (LGA) ^ 48 $357,500 0.7% $350,000 2.3% 8.9%

AVENELL HEIGHTS 7 N/A N/A $281,250 -0.3% 0.2%

AVOCA ~ 14 $350,000 12.9% $310,000 1.1% -3.1%

BARGARA 25 $375,000 7.4% $370,000 2.8% 1.0%

BRANYAN ^ 8 N/A N/A $385,000 6.9% 10.0%

BUNDABERG EAST ~ 7 N/A N/A $270,000 -7.1% -2.9%

BUNDABERG NORTH ~ 12 $230,000 9.5% $195,000 -13.3% -19.6%

BUNDABERG SOUTH ~ 10 $250,000 56.3% $206,000 -12.7% -14.1%

BURNETT HEADS 3 N/A N/A $277,500 7.6% 2.4%

ELLIOTT HEADS 5 N/A N/A $317,000 -3.2% N/A

INNES PARK 3 N/A N/A $330,000 3.4% -1.5%

KALKIE 9 N/A N/A $340,000 1.9% 0.3%

KEPNOCK 15 $282,500 7.7% $265,000 -2.9% -2.9%

MILLBANK 5 N/A N/A $262,500 8.5% 7.1%

MOORE PARK BEACH ^ ~ 2 N/A N/A $343,500 -14.1% N/A

NORVILLE 14 $214,000 N/A $235,000 -5.4% -3.3%

SHARON ^ - N/A N/A $316,000 -8.4% -6.6%

SVENSSON HEIGHTS ~ 10 $282,000 12.8% $257,000 -0.9% 2.8%

THABEBAN 9 N/A N/A $280,000 1.8% 4.1%

WALKERVALE ~ 15 $231,500 17.2% $235,000 1.7% 2.6%

SURROUNDS

NORTH BURNETT (LGA) 21 $140,000 N/A $145,000 -7.9% -12.1%

NORTH BURNETT (LGA) ^ ~ 7 N/A N/A $206,500 -11.2% N/A

GAYNDAH ~ 8 N/A N/A $204,750 23.0% 26.0%

BUNDABERG (LGA) ~ 21 $267,500 14.1% $250,000 2.2% 0.4%

BARGARA 5 N/A N/A $310,000 4.7% -11.4%

BUNDABERG (LGA) 41 $144,000 12.9% $144,000 0.0% 6.7%

BUNDABERG (LGA) ^ 11 $139,000 -2.5% $139,500 -0.4% -1.8%

BARGARA 10 $168,500 N/A $170,000 9.0% -4.8%

BRANYAN ^ * 2 N/A N/A $140,000 N/A N/A

BURNETT HEADS 7 N/A N/A $106,000 N/A N/A

INNES PARK 3 N/A N/A $117,500 N/A N/A

MOORE PARK BEACH 5 N/A N/A $144,000 0.0% N/A

...there’s a growing sense of optimism that the market is on the verge of an upswing heading into the spring selling season

27


JUNE QUARTER 2014

Local agents are reporting market conditions returning to those experienced prior to the mining boom, with sales volumes currently around 50 to 60 per cent of those recorded at the height of the cycle.

In essence, they say the Gladstone real estate market is returning to “normal” conditions, with “investor hype” no longer flooding the market.

Similar to other resource centres, stabilising average vendor discounting and days on market are positive signs that the market may have reached its bottom.

HOUSE MARKET

Over the June quarter, sales volumes in Gladstone recovered slightly, up seven per cent compared to the March quarter. According to local agents, the local property market has stabilised during the last quarter however sales volumes remain low and investor interest has fallen.

Average days on market are marginally up on the same period last year, however at 117 days for the year ending May, time on market has remained relatively unchanged over the past nine months.

Local agents say there is perceived to be good value in the economically important port city, with astute buyers - many local - once again starting to look for opportunities.

Home buyer interest is reportedly still increasing given the softening in the market over the last twelve months and the increased affordability on offer.

Over the quarter, the median house price was down 6.6 per cent, largely due to higher levels of activity at the affordable end of the market. Price point data has shown a doubling of volumes in the sub-$350,000 price range.

Suburbs to perform strongest over the quarter were Calliope and West Gladstone. Despite a fall in respective medians over the last year, these two suburbs ranked within the top four for median price growth over the past five years.

GLADSTONEUNIT MARKET

Gladstone’s unit market continues to make up a small portion of the local residential sales market, with just 21 preliminary sales records recorded over the June quarter. This was slightly up on the March quarter, amounting to an extra eight sales compared to the June quarter last year.

Sales volumes are tracking at around a third of that recorded at the height of the property cycle in late 2011.

Gladstone Central was the only suburb to record more than 25 preliminary sales over the year to June. With a drop off in new unit sales, the median sale pricehas come back significantly to be more reflective of established stock.

RENTAL MARKET

Gladstone’s rental market remains in oversupply, however according to local agents the level of tenant and investor activity has returned to “normal” rental market conditions. The oversupply of rentals is reportedly most conspicuous in the unit market and with tenants spoilt for choice, rents have remained low.

Local agents also say quality homes are still sought after and demand from middle and higher level management tenants are strong.

According to the RTA’s latest figures, the median weekly rents compared to 12 months ago have come down significantly with three bedroom houses down $150, two bedroom flats down $140 and three bedroom townhouses down $160.

HOUSE PRICEPO

INTS - PRELIMINARY SALES NUM

BERS

112

722

1401

164166

770

1840

235

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



973 972

409

18

1154 1157

472

18

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




70

480 490

7765

480548

84

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


MAR 14 JUN 14


81

437

311

3179

440

346

37

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


MAR 14 JUN 14


156

217

139

41

9


MAR 14 JUN 14


143170

58

146

193

64


MAR 14 JUN 14


159

48

11

185

4114



21

51

24

43

55

18


MAR 14 JUN 14


187 184

56

167 174

47


MAR 14 JUN 14


53

114

4056

84

31



144

78

30

153

68

20



288

163

39

294

184

60




INARY SALES NUMBERS

44

330

651

371

3057

363

860

454

45

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



182207

99

433

197

260

111

465

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




235

447391

241

46

273

520451

290

36

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



79

181164

109

23

105

197177

105

27

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



18

9

03

9 8

2 2



135

55

15 18

137

63

17 14



18

9 10

4

21

15

4 3



5 5

7

0

6 6 6

3



4232

158

60

47

2113



9

6

9

2

10

75

3



7

11

17

89

1311

6


MAR 14 JUN 14


4236

14

2

4336

18

7


MAR 14 JUN 14




13

59

38

9

43 40 4031

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



53

21

5

71

36

3

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




64

26

5 6

88

33

816

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


MAR 14 JUN 14


50

20 15 10

71

35

2110

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


MAR 14 JUN 14


30

1 1

40

1 0

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


MAR 14 JUN 14


62

81

56

91

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


MAR 14 JUN 14


42

1 2

57

0 0

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



14

1 0

16

0 1

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


MAR 14 JUN 14


25

71

41

61

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



29

1 0

52

50

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



36

70

24

2 2

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



44

4 1

84

5 2

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


MAR 14 JUN 14




Agents are reporting that the softening of prices has made properties more attractive to first home buyers who are very active at the moment. While there is some investment activity, owner occupiers are the main buyers and more upgraders are beginning to enter the market.

Average vendor discounting over the year in Rockhampton was down to 7.7 per cent, compared to 9.8 per cent a year ago. Over the same period, average days on market in Rockhampton have fallen from 98 to 91.

UNIT MARKET

The Rockhampton unit and townhouse market continues to show signs of recovery, with preliminary sales figures up two per cent at the end of the June quarter. Sales activity was strongest in the $250,000 to $350,000 price bracket, with steady activity in the $350,000-plus price bracket also.

Like other Queensland resource centres, the Rockhampton property market over the June quarter saw stabilising conditions.

The recent announcement of the Adani mine acquisition north of Clermont is bringing much needed confidence to the region, with local agents reporting the Rockhampton property market has finally found its feet.

Over the June quarter there was steady sales activity at the lower end of the market and with improving vacancy rates, the outlook going into 2015 is becoming more positive.

Average vendor discounting is down and properties are selling quicker, reflected by improving average days on market figures.

HOUSE MARKET

House sales in Rockhampton declined over the June quarter, however there are positive signs beginning to emerge at the lower end of the market.

There was a solid increase in sales in the sub-$350,000 price bracket, with 153 properties changing hands, seeing the overall median sale price remaining relatively steady at $316,500.

Allenstown and West Rockhampton were the best performers, with both suburbs recording an increase in sales volumes over the June quarter.

Despite an easing in sales activity over the quarter, median sale prices remained sturdy for the likes of Frenchville, the Range and Wandal, indicating stable conditions across the various price points.

ROCKHAMPTON




HOUSE PRICEPO

INTS - PRELIMINARY SALES NUM

BERS

112

722

1401

164166

770

1840

235

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



973 972

409

18

1154 1157

472

18

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




70

480 490

7765

480548

84

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


MAR 14 JUN 14


81

437

311

3179

440

346

37

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


MAR 14 JUN 14


156

217

139

41

9


MAR 14 JUN 14


143170

58

146

193

64


MAR 14 JUN 14


159

48

11

185

4114



21

51

24

43

55

18


MAR 14 JUN 14


187 184

56

167 174

47


MAR 14 JUN 14


53

114

4056

84

31



144

78

30

153

68

20



288

163

39

294

184

60





JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE

GLADSTONE REGIONAL $280 212 $420 236

4677 AGNES WATER $300 5 $310 8

4680 GLADSTONE $280 207 $420 228

BANANA SHIRE $250 15 $240 15

4715 BILOELA $265 9 $240 12




4677 AGNES WATER $330 19 $330 13

4680 GLADSTONE $335 263 $480 219

BANANA SHIRE $300 50 $350 54

4715 BILOELA $330 28 $350 31

4718 BAUHINIA $265 19 $300 9

GLADSTONE (LGA) ~ 119 $390,000 -6.6% $410,000 -8.9% 12.3%

GLADSTONE (LGA) ^ ~ 21 $345,000 -30.7% $485,000 -11.8% 15.5%

AGNES WATER ^ ~ 6 N/A N/A $355,000 -12.9% -6.1%

BOYNE ISLAND ~ 10 $399,000 -7.2% $430,000 -10.9% 5.4%

CALLIOPE 10 $399,500 N/A $425,000 -4.5% 11.8%

CLINTON 16 $366,000 -4.9% $395,000 -10.2% 6.8%

GLEN EDEN ~ 9 N/A N/A $402,500 -22.6% -7.9%

KIN KORA 5 N/A N/A $390,000 -6.0% 7.7%

KIRKWOOD 2 N/A N/A $502,500 -4.3% N/A

NEW AUCKLAND ~ 9 N/A N/A $402,500 -13.4% 5.9%

SOUTH GLADSTONE 6 N/A N/A $400,000 -7.0% 23.1%

TANNUM SANDS 12 $506,000 -0.8% $492,000 -4.5% 11.8%

TELINA ~ 7 N/A N/A $395,000 -15.8% 3.1%

WEST GLADSTONE ~ 15 $328,250 -23.7% $371,000 -13.0% 14.2%

SURROUNDS

BANANA (LGA) 18 $255,000 N/A $265,000 1.9% 0.4%

BILOELA 13 $279,000 -2.8% $280,000 0.0% -1.8%

GLADSTONE (LGA) 21 $330,000 2.2% $350,000 8.2% 9.4%

GLADSTONE CENTRAL ~ * 5 N/A N/A $375,000 -20.2% N/A

GLADSTONE (LGA) 17 $170,000 -12.8% $206,500 -7.0% 18.0%

GLADSTONE (LGA) ^ ~ 10 $240,000 24.7% $210,000 -23.6% 2.4%

BOYNE ISLAND 1 N/A N/A $224,000 1.4% N/A

CALLIOPE * 3 N/A N/A $203,000 -1.0% 40.0%

KIRKWOOD * 2 N/A N/A $232,900 -7.6% 27.6%

TANNUM SANDS * 4 N/A N/A $171,000 N/A N/A


4680 GLADSTONE $365 149 $520 59



JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE

29


JUNE QUARTER 2014

Agents report that while there is some investment activity, owner occupiers are the main buyers, with more upgraders also starting to enter the market.

Premium sale prices achieved within a number of new unit complexes along the river in the Rockhampton CBD have contributed to the significant increase in the region’s median unit and townhouse sale price, up 45.2 per cent on the March quarter.

This change to the unit and townhouse market in Rockhampton has contributed to the strong result over the year to June and compared to five years ago.

RENTAL MARKET

Rockhampton’s rental market is facing challenging conditions, with most vacancies on the market for more than four weeks.

However, the overall vacancy rate for the new Rockhampton council area has seen an improvement since the end of March, down 0.8 percentage points to 4.8 per cent at the end of June.

Local agents expect investment in units and townhouses to increase amid the prospect of tightening vacancy rates.

With the high vacancy levels experienced for a year now, median weekly rents have come down significantly with three bedrooms down $50 to $300 per week and two bedroom flats down $30 to $240 per week, compared to the June quarter last year.


INARY SALES NUMBERS

44

330

651

371

3057

363

860

454

45

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



182207

99

433

197

260

111

465

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




235

447391

241

46

273

520451

290

36

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



79

181164

109

23

105

197177

105

27

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



18

9

03

9 8

2 2



135

55

15 18

137

63

17 14



18

9 10

4

21

15

4 3



5 5

7

0

6 6 6

3



4232

158

60

47

2113



9

6

9

2

10

75

3



7

11

17

89

1311

6


MAR 14 JUN 14


4236

14

2

4336

18

7


MAR 14 JUN 14




13

59

38

9

43 40 4031

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



53

21

5

71

36

3

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




64

26

5 6

88

33

816

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


MAR 14 JUN 14


50

20 15 10

71

35

2110

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


MAR 14 JUN 14


30

1 1

40

1 0

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


MAR 14 JUN 14


62

81

56

91

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


MAR 14 JUN 14


42

1 2

57

0 0

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



14

1 0

16

0 1

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


MAR 14 JUN 14


25

71

41

61

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



29

1 0

52

50

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



36

70

24

2 2

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



44

4 1

84

5 2

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


MAR 14 JUN 14




JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE



ROCKHAMPTON (LGA) # 159 $316,500 -1.1% $315,000 1.6% 8.6%

ROCKHAMPTON (LGA) ^ # 10 N/A N/A $372,500 -3.2% -2.0%

ALLENSTOWN 11 $230,000 N/A $266,000 3.3% 11.3%

FRENCHVILLE 22 $338,500 2.6% $345,000 0.0% 7.8%

GRACEMERE ^ 1 N/A N/A $471,500 -7.1% 8.4%

GRACEMERE ~ * 19 $319,500 -11.0% $330,000 -3.2% 0.9%

KAWANA 4 N/A N/A $324,000 5.2% 8.0%

KOONGAL 9 N/A N/A $268,000 -4.3% 3.1%

MOUNT MORGAN ~ 4 N/A N/A $115,000 -22.0% -14.8%

NORMAN GARDENS 28 $365,000 -5.2% $369,500 -4.5% -1.5%

PARK AVENUE ~ 13 $270,000 -7.5% $280,500 6.9% 14.5%

ROCKHAMPTON CITY 2 N/A N/A $210,000 5.0% 6.1%

THE RANGE 14 $390,500 5.3% $365,000 -0.7% 10.8%

WANDAL 16 $285,000 2.5% $275,000 -5.2% 0.0%

WEST ROCKHAMPTON 10 $244,500 N/A $256,000 -0.2% 2.6%

SURROUNDS

CENTRAL HIGHLANDS (LGA) ~ 22 $372,500 19.2% $360,000 -17.7% 11.5%

EMERALD ~ * 21 $375,000 17.2% $380,000 -14.6% 7.0%

LIVINGSTONE (LGA) # 90 $330,000 -0.5% $350,000 1.3% 6.1%

LIVINGSTONE (LGA) ^ ~ # 24 $480,000 -6.0% $500,000 4.2% 10.9%

BERSERKER 25 $239,000 -3.6% $248,000 -0.6% 1.2%

EMU PARK 8 N/A N/A $340,000 4.1% 9.7%

LAMMERMOOR 8 N/A N/A $470,000 5.1% 2.2%

TARANGANBA ~ 4 N/A N/A $407,500 10.1% 10.9%

YEPPOON ~ 24 $330,000 -1.5% $358,750 -10.9% 1.1%

ZILZIE 5 N/A N/A $366,000 -7.3% -0.4%

ROCKHAMPTON (LGA) # * f 17 $417,369 45.2% $353,500 24.5% 33.4%

ROCKHAMPTON CITY * f 12 $436,108 N/A $439,462 N/A -13.8%

SURROUNDS

CENTRAL HIGHLANDS (LGA) * 4 N/A N/A N/A N/A N/A

EMERALD * t 4 N/A N/A $321,500 -8.1% 12.8%

LIVINGSTONE (LGA) # ~ f 24 $287,500 -22.8% $340,000 17.2% 15.3%

BERSERKER 3 N/A N/A $309,000 N/A N/A

YEPPOON 6 N/A N/A $329,000 4.4% 11.5%

ROCKHAMPTON (LGA) # ~ 22 $170,500 N/A $169,000 14.2% 35.2%

GRACEMERE * 9 N/A N/A $147,777 0.2% 34.3%

NORMAN GARDENS 6 N/A N/A $179,900 2.5% 9.0%

SURROUNDS

CENTRAL HIGHLANDS (LGA) * 3 N/A N/A $154,700 -3.3% 47.3%

EMERALD * 3 N/A N/A $154,900 -3.2% 21.7%

LIVINGSTONE (LGA) # 35 $173,000 -2.8% $172,000 0.0% 4.2%

LIVINGSTONE (LGA) ^ # 9 N/A N/A $234,500 2.0% 11.7%

MULAMBIN 2 N/A N/A $165,000 0.0% N/A

PARKHURST 7 N/A N/A $170,000 -3.4% N/A

ROCKYVIEW ^ 1 N/A N/A $242,000 5.2% N/A

YEPPOON 9 N/A N/A $178,899 -0.6% 4.0%

ZILZIE 2 N/A N/A $163,000 -8.2% 0.0%

ROCKHAMPTON CONTINUED



A drop off in new unit developments has also contributed to the easing of the overall median sale price over the year, which was down 9.9 per cent.

Sales volumes in the upper end of the market were down on the previous quarter, while numbers held steady in the sub-$350,000 price range.

Market conditions in Mackay look to have stabilized with average vendor discounting and days on market levelling off over the three months to June.

According to local agents, the market is still quite subdued, however there is evidence that confidence is returning. Enquiry levels are up from both buyers and tenants, which local agents believe are encouraging signs.

Sales volumes are still markedly low however local agents are positive about the rest of the year and 2015, believing the market has finally hit its bottom.

Confidence is said to be slowly returning to the local property market and agents anticipate a marked improvement over the next 12 months.

HOUSE MARKET

Over the June quarter, Mackay’s house market recorded the largest decline in sales activity of all major regions, down 24 per cent compared to the March quarter, while the median house price eased just 2.5 per cent.

Local agents confirm that sales volumes have come down significantly compared to a year ago, however prices have held relatively steady, and many believe the bottom of the cycle has arrived.

Agents also say that people are beginning to relocate to the area, both from out of town and from other metropolitan areas, which is said to be a good sign of improving confidence in the local property market and economy.

There are also reports of increased mining activity in nearby Isaac council area, which will further add to overall market confidence due to improved employment opportunities.

UNIT MARKET

Like Gladstone, Mackay’s unit and townhouse market makes up a small percentage of the residential sales market, however over the June quarter sales volumes remained relatively unchanged, while the median unit sale price eased 3.5 per cent.

MACKAY






ROCKHAMPTON REGIONAL (NEW) $300 257 $350 413

4700 ALLENSTOWN $300 94 $340 91

4701 BERSERKER $320 153 $340 161

4714 BAREE $230 10 $260 9

LIVINGSTONE SHIRE (NEW) $325 172 N/A N/A

4702 ALBERTA $310 69 $350 67

4703 ADELAIDE PARK $350 77 $350 66

4710 EMU PARK $320 24 $355 18

CENTRAL HIGHLANDS REGIONAL $270 121 $400 149

4717 BLACKWATER $250 58 $400 77

4720 EMERALD $300 54 $400 60

4722 SPRINGSURE $220 6 $310 7

ROCKHAMPTON REGIONAL (NEW) $240 192 $270 213

4700 ALLENSTOWN $250 43 $240 37

4701 BERSERKER $235 148 $260 108

LIVINGSTONE SHIRE (NEW) $270 59 N/A N/A

4702 ALBERTA $210 6 $295 5

4703 ADELAIDE PARK $290 48 $300 59

4710 EMU PARK $250 5 N.A. 3

CENTRAL HIGHLANDS REGIONAL $220 59 $300 57

4717 BLACKWATER $160 13 $300 10

4720 EMERALD $240 42 $300 44

ROCKHAMPTON REGIONAL (NEW) N.A. 4 $360 15

LIVINGSTONE SHIRE (NEW) N.A. 8 N/A N/A

4702 ALBERTA $400 7 N.A. 4

CENTRAL HIGHLANDS REGIONAL N.A. 12 $430 23

4720 EMERALD $300 8 $420 16

UN

IT PRICEPOIN

TS - PRELIMIN

ARY SALES NU

MBERS

44

330

651

371

3057

363

860

454

45

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



182207

99

433

197

260

111

465

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




235

447391

241

46

273

520451

290

36

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



79

181164

109

23

105

197177

105

27

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



18

9

03

9 8

2 2



135

55

15 18

137

63

17 14



18

9 10

4

21

15

4 3



5 5

7

0

6 6 6

3



4232

158

60

47

2113



9

6

9

2

10

75

3



7

11

17

89

1311

6


MAR 14 JUN 14


4236

14

2

4336

18

7


MAR 14 JUN 14


HOU

SE PRICEPOIN

TS - PRELIMIN

ARY SALES NU

MBERS

112

722

1401

164166

770

1840

235

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



973 972

409

18

1154 1157

472

18

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




70

480 490

7765

480548

84

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


MAR 14 JUN 14


81

437

311

3179

440

346

37

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


MAR 14 JUN 14


156

217

139

41

9


MAR 14 JUN 14


143170

58

146

193

64


MAR 14 JUN 14


159

48

11

185

4114



21

51

24

43

55

18


MAR 14 JUN 14


187 184

56

167 174

47


MAR 14 JUN 14


53

114

4056

84

31



144

78

30

153

68

20



288

163

39

294

184

60



LAND PRICEPO

INTS - PRELIM

INARY SALES N

UM

BERS BY PRICE RANGE

13

59

38

9

43 40 4031

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



53

21

5

71

36

3

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




64

26

5 6

88

33

816

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


MAR 14 JUN 14


50

20 15 10

71

35

2110

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


MAR 14 JUN 14


30

1 1

40

1 0

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


MAR 14 JUN 14


62

81

56

91

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


MAR 14 JUN 14


42

1 2

57

0 0

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



14

1 0

16

0 1

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


MAR 14 JUN 14


25

71

41

61

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



29

1 0

52

50

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



36

70

24

2 2

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



44

4 1

84

5 2

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


MAR 14 JUN 14


31


JUNE QUARTER 2014



JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE


MACKAY (LGA) 174 $395,000 -2.5% $412,000 -3.2% 7.9%

MACKAY (LGA) ^ ~ 30 $461,500 -9.1% $492,000 -4.0% 4.9%

ANDERGROVE 11 $360,000 -6.4% $391,250 -6.6% 3.0%

BEACONSFIELD 4 N/A N/A $420,000 -3.4% 9.1%

BLACKS BEACH 5 N/A N/A $455,000 -0.4% -1.1%

BUCASIA 13 $408,000 3.3% $407,000 -7.5% 3.0%

EAST MACKAY ~ 7 N/A N/A $392,500 -8.7% 6.1%

EIMEO 7 N/A N/A $444,000 -7.5% 4.5%

GLENELLA ~ 10 $494,000 N/A $468,000 -11.7% -5.2%

MARIAN 5 N/A N/A $468,000 2.9% 18.5%

MOUNT PLEASANT 9 N/A N/A $440,000 -6.3% 9.2%

NORTH MACKAY ~ 14 $270,000 -26.5% $354,500 -5.5% 6.1%

OORALEA 4 N/A N/A $475,000 -5.9% 3.9%

RURAL VIEW ~ 6 N/A N/A $452,500 -12.1% 5.2%

SARINA 7 N/A N/A $340,000 1.5% 9.7%

SARINA ^ ~ 4 N/A N/A $549,000 2.6% 25.5%

SLADE POINT ~ 9 N/A N/A $350,000 -9.1% -1.5%

SOUTH MACKAY 15 $380,000 4.7% $379,000 -1.6% 11.5%

WALKERSTON 5 N/A N/A $458,000 2.9% 16.4%

WEST MACKAY ~ 12 $362,000 -0.5% $362,500 -9.2% 0.3%

SURROUNDS

ISAAC (LGA) ~ 17 $215,000 N/A $280,000 -30.0% -28.6%

MORANBAH ~ Y 9 N/A N/A $351,000 -27.6% -15.4%

WHITSUNDAY (LGA) 47 $385,000 3.4% $390,000 6.0% 1.3%

WHITSUNDAY (LGA) ^ 13 N/A N/A $465,000 -1.1% -4.1%

BOWEN 6 N/A N/A $365,000 5.5% 1.4%

CANNONVALE 14 $450,000 0.9% $446,000 7.5% -6.1%

JUBILEE POCKET ~ 6 N/A N/A $399,000 -7.2% -10.1%

PROSERPINE 10 $306,250 N/A $322,500 -0.8% -0.8%

MACKAY (LGA) 25 $305,000 -3.5% $292,900 -9.9% -0.7%

MACKAY 7 N/A N/A $283,750 -19.5% -7.6%

SURROUNDS

WHITSUNDAY (LGA) * 48 $295,000 0.0% $310,000 9.2% -6.1%

AIRLIE BEACH ~ * f 23 $360,000 12.9% $370,500 -4.4% -34.0%

CANNONVALE ~ t 14 $276,500 10.6% $265,000 7.9% -12.3%

MACKAY (LGA) 48 $193,000 -13.1% $207,000 0.0% 21.8%

MACKAY (LGA) ^ ~ 8 N/A N/A $232,500 -7.0% -11.4%

ANDERGROVE 10 $180,000 N/A $172,000 -7.0% N/A

BEACONSFIELD 3 N/A N/A $206,000 3.0% N/A

BLACKS BEACH 5 N/A N/A $192,000 -3.5% 3.2%

OORALEA * 2 N/A N/A $255,000 2.0% 37.8%

RURAL VIEW - N/A N/A $218,000 -1.6% 13.5%

SHOAL POINT 3 N/A N/A $208,000 -5.5% N/A

SURROUNDS

WHITSUNDAY (LGA) ~ 26 $165,000 21.3% $160,000 4.2% 0.3%

BOWEN 1 N/A N/A $167,500 -9.5% 8.4%

CANNONVALE 13 $164,500 N/A $161,000 9.5% -14.1%



MACKAY REGIONAL $350 346 $430 359

4737 ARMSTRONG BEACH $340 28 $420 22

4740 ALEXANDRA $352 269 $440 286

4741 BALL BAY $320 9 $350 6

4750 BUCASIA $365 18 $440 16

4751 GREENMOUNT $380 8 $404 8

4753 DEVEREUX CREEK $270 6 $380 6

ISAAC REGIONAL $275 153 $400 147

4721 CLERMONT $300 13 $350 13

4742 BURTON $280 5 $400 7

4744 MORANBAH $300 86 $425 89

4745 DYSART $190 42 $250 36

4746 GERMAN CREEK $300 6 N.A. 1

WHITSUNDEY REGIONAL $340 163 $360 163

4800 ANDROMACHE $340 30 $350 32

4802 AIRLIE BEACH $400 63 $420 46

4805 BINBEE $300 66 $340 73






RENTAL MARKET

In Mackay similar conditions to Gladstone exist in its rental market, however median rents have only come back around $80 across the three main rental property types.

Vacancy rates at the end of June on the other hand have improved, down 0.7 percentage points to 6.8 per cent – however this remains the highest level for all major regional centres.

With employment levels down significantly in the Bowen Basin, local agents say the rental market has been impacted. Similar to Gladstone, investor activity has reportedly dropped off.

Building approvals are reportedly down, which is said to be good news for the rental market. With limited new stock set to come onto the market, it’s expected the existing supply will be slowly absorbed over time.


4740 ALEXANDRA $375 51 $450 30


4721 CLERMONT $545 6 $545 10

4744 MORANBAH $450 24 $700 12


4802 AIRLIE BEACH $360 19 $380 22

4805 BINBEE $350 5 $350 6


4737 ARMSTRONG BEACH $250 14 $250 10

4740 ALEXANDRA $280 254 $350 204

4750 BUCASIA $220 9 $310 8

4751 GREENMOUNT $300 8 N.A. 4


4744 MORANBAH $380 12 $400 16


4800 ANDROMACHE $230 19 $230 16

4802 AIRLIE BEACH $290 123 $330 98

4805 BINBEE $260 41 $260 50



The prestige end of the market however is said to still be struggling, with units in the inner city towers bought off the plan five years ago reportedly seeing a softening in sale prices.

RENTAL MARKET

According to the REIQ’s latest rental survey, Townsville’s vacancy rate had increased 0.7 percentage points over the three months to June to 5.4 per cent – the highest vacancy the region has recorded in the REIQ’s survey history.

The market continues to be in oversupply, with NRAS developments still coming onto the market. A number of vendors are also said to be delaying the sale of their properties and renting them out until market conditions are more in their favour.

Local agents say investors are now less active, deterred by the historically high vacancy rates. Tenant enquiry levels are expected to slowly absorb the current oversupply in the coming months.

With these two factors combined, agents expect to see the vacancy rate improved come the end of September.

Over the June quarter the Townsville residential market recorded sales activity typical for the cooler months of the year, with a drop house sales compared to the previous quarter.

The unit and townhouse market bucked the trend, however, with an increase in activity. Given the oversupply of stock, this is good news for the region.

Days on market and average vendor discounting continue to trend downwards, indicating the Townsville residential market is well positioned to follow the growth seen in the south eastern corner of the state.

Local agents say that Townsville’s property market continues to be well supported by the Defence and public sector personnel, with people relocating to and from the area around the Christmas-New Year period.

HOUSE MARKET

Despite the drop in sales volumes over the quarter, the Townsville house market is said to be well positioned for the coming months leading into the Christmas period.

Average days on market have continue to slowly trend downwards, with houses taking 89 days to sell compared to 98 days a year ago. Average vendor discounting has likewise vastly improved over the year and looks to have stabilised at 7.4 per cent, down from 9.7 per cent a year ago.

These two indicators along with slowly increasing trend sales activity augur well for the region. Local agents say the established market is set to see an increase in activity over the September quarter and onto Christmas.

Despite a drop in overall activity for the region, a number of suburbs in Townsville posted healthy results over the quarter. Wulguru, Burdell and Bushland Beach in particular recorded an increase in activity.

Being two of the most expensive suburbs in Townsville, Burdell and Bushland Beach also posted an increase in their median house price, a sign that confidence is returning to the market.

UNIT MARKET

In the unit and townhouse market, local agents report continued oversupply, which is giving buyers and renters plenty of choice with the cheaper stock being most popular.

This was reflected in the price point data which showed the strongest increase in activity recorded in the sub-$250,000 price point over the quarter.

Sales activity was up across all price points, which saw the region post a strong increase in overall activity of 33 per cent.

The surge in activity was largely due to the on-sale of units in a large complex in Cranbrook, formerly owned by one family; along with the acquisition of a number of units by Defence Housing in Douglas.

TOWNSVILLE

HOU

SE PRICEPOIN

TS - PRELIMIN

ARY SALES NU

MBERS

112

722

1401

164166

770

1840

235

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



973 972

409

18

1154 1157

472

18

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




70

480 490

7765

480548

84

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


MAR 14 JUN 14


81

437

311

3179

440

346

37

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


MAR 14 JUN 14


156

217

139

41

9


MAR 14 JUN 14


143170

58

146

193

64


MAR 14 JUN 14


159

48

11

185

4114



21

51

24

43

55

18


MAR 14 JUN 14


187 184

56

167 174

47


MAR 14 JUN 14


53

114

4056

84

31



144

78

30

153

68

20



288

163

39

294

184

60



UN

IT PRICEPOIN

TS - PRELIMIN

ARY SALES NU

MBERS

44

330

651

371

3057

363

860

454

45

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



182207

99

433

197

260

111

465

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




235

447391

241

46

273

520451

290

36

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



79

181164

109

23

105

197177

105

27

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



18

9

03

9 8

2 2



135

55

15 18

137

63

17 14



18

9 10

4

21

15

4 3



5 5

7

0

6 6 6

3



4232

158

60

47

2113



9

6

9

2

10

75

3



7

11

17

89

1311

6


MAR 14 JUN 14


4236

14

2

4336

18

7


MAR 14 JUN 14




13

59

38

9

43 40 4031

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



53

21

5

71

36

3

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




64

26

5 6

88

33

816

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


MAR 14 JUN 14


50

20 15 10

71

35

2110

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


MAR 14 JUN 14


30

1 1

40

1 0

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


MAR 14 JUN 14


62

81

56

91

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


MAR 14 JUN 14


42

1 2

57

0 0

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



14

1 0

16

0 1

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


MAR 14 JUN 14


25

71

41

61

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



29

1 0

52

50

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



36

70

24

2 2

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



44

4 1

84

5 2

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


MAR 14 JUN 14


33


JUNE QUARTER 2014



JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE



JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE


TOWNSVILLE (LGA) 403 $360,000 -1.1% $360,000 0.1% 1.4%

TOWNSVILLE (LGA) ^ ~ 51 $400,500 -7.9% $417,500 -2.9% 0.6%

AITKENVALE 10 $305,000 -6.2% $312,500 -2.2% -5.0%

ALICE RIVER ^ ~ 9 N/A N/A $450,000 -12.2% -3.2%

ANNANDALE 16 $415,000 -6.7% $430,000 -1.5% -2.3%

BLACK RIVER ^ 5 N/A N/A $361,000 N/A N/A

BOHLE PLAINS 7 N/A N/A $425,000 -1.2% -3.4%

BURDELL 22 $456,250 1.4% $435,000 2.4% 25.4%

BUSHLAND BEACH 25 $442,500 5.4% $416,500 2.1% 0.7%

CONDON 14 $305,000 -3.2% $295,000 -0.2% -8.4%

CRANBROOK 6 N/A N/A $302,500 -0.8% -4.9%

CURRAJONG ~ 6 N/A N/A $305,000 13.0% 0.8%

DEERAGUN ~ 2 N/A N/A $316,350 -7.0% -4.0%

DOUGLAS 23 $396,000 -4.0% $398,500 3.8% 0.1%

GARBUTT 6 N/A N/A $297,500 N/A N/A

GULLIVER 8 N/A N/A $295,500 4.2% -1.0%

HEATLEY 8 N/A N/A $295,000 5.5% -4.2%

HERMIT PARK 8 N/A N/A $380,000 8.6% 2.7%

IDALIA ~ 14 $415,500 -19.3% $480,000 -0.2% 4.3%

JENSEN ^ 5 N/A N/A $370,000 N/A N/A

KELSO ^ 7 N/A N/A $480,250 9.6% 14.3%

KELSO ~ * 19 $280,000 10.2% $280,000 -2.4% -11.1%

KIRWAN 67 $355,000 2.9% $352,750 2.2% -3.4%

MOUNT LOUISA 29 $387,000 2.7% $397,500 -4.1% 0.5%

MOUNT LOW 5 N/A N/A $383,000 N/A N/A

MUNDINGBURRA 7 N/A N/A $365,000 -2.7% 0.3%

NORTH WARD ~ 8 N/A N/A $517,500 -22.6% -27.1%

RAILWAY ESTATE 6 N/A N/A $322,500 -4.2% -4.6%

RASMUSSEN 9 N/A N/A $290,000 -2.2% -5.1%

SHAW 2 N/A N/A $430,000 3.6% N/A

SOUTH TOWNSVILLE 2 N/A N/A $345,000 8.7% -4.8%

THURINGOWA CENTRAL 7 N/A N/A $314,500 -3.2% -4.7%

VINCENT 2 N/A N/A $280,000 5.7% -6.0%

WEST END 9 N/A N/A $370,000 -5.4% 5.3%

WULGURU 15 $285,000 N/A $300,000 -4.9% -3.8%

SURROUNDS

BURDEKIN (LGA) ~ 22 $170,000 -20.5% $210,000 -1.6% -10.6%

AYR 12 $255,000 4.1% $240,000 -5.9% -2.0%

HOME HILL ~ 7 N/A N/A $162,000 1.9% -27.8%

CHARTERS TOWERS (LGA) ~ 19 $177,500 -15.5% $192,500 -6.1% -10.5%

CHARTERS TOWERS CITY ~ 5 N/A N/A $183,000 -8.5% -6.2%

RICHMOND HILL 6 N/A N/A $217,500 1.2% -7.1%

HINCHINBROOK (LGA) 10 N/A N/A $227,500 -7.1% -4.2%

INGHAM 4 N/A N/A $226,750 -9.3% 0.8%

TOWNSVILLE (LGA) 148 $270,000 1.9% $279,000 -6.5% -11.4%

CRANBROOK 18 $231,000 N/A $207,500 N/A N/A

DOUGLAS * 14 $290,000 N/A $290,000 -13.4% -13.4%

HERMIT PARK ~ 10 $150,000 -20.6% $182,000 N/A -20.9%

IDALIA 7 N/A N/A $359,000 1.1% 10.5%

NELLY BAY ~ * 17 $295,000 N/A $272,500 -14.6% -31.4%

NORTH WARD ~ f 15 $285,000 -5.0% $287,500 -12.8% -21.2%

ROSSLEA 4 N/A N/A $230,000 0.7% -11.9%

SOUTH TOWNSVILLE 4 N/A N/A $365,000 2.0% 4.4%

TOWNSVILLE CITY ~ f 17 $418,000 31.7% $370,500 -5.6% -23.1%

WEST END ~ 9 N/A N/A $192,500 -17.2% -38.9%

TOWNSVILLE (LGA) 91 $156,000 -6.0% $163,000 1.9% -2.7%

TOWNSVILLE (LGA) ^ 7 N/A N/A $195,000 0.0% -2.5%

BOHLE PLAINS 4 N/A N/A $160,000 -4.9% -3.9%

BURDELL * 9 N/A N/A $149,975 -2.7% -17.4%

BUSHLAND BEACH 8 N/A N/A $162,500 -0.3% 4.8%

DEERAGUN * 3 N/A N/A $167,400 0.0% 30.8%

IDALIA 4 N/A N/A $251,034 0.9% 10.3%

MOUNT LOUISA 8 N/A N/A $181,000 4.8% 9.7%

MOUNT LOW ~ 17 $152,000 -8.4% $163,000 3.2% N/A

OONOONBA 5 N/A N/A $157,500 -6.1% N/A



TOWNSVILLE CITY $330 633 $340 686

4810 BELGIAN GARDENS $350 49 $360 67

4811 CLUDEN $320 35 $328 38

4812 CURRAJONG $340 65 $340 72

4814 AITKENVALE $330 154 $350 205

4815 CONDON $310 105 $320 102

4816 ALLIGATOR CREEK $300 16 $295 12

4817 ALICE RIVER $345 106 $360 101

4818 BEACH HOLM $315 87 $330 79

4819 ARCADIA $300 16 $290 10

BURDEKIN SHIRE $250 60 $260 79

4806 ARKENDEITH $250 14 $250 19

4807 AIRVILLE $250 41 $270 54

CHARTERS TOWERS REGIONAL $260 40 $270 43

4820 RICHMOND HILL $260 40 $270 43

HINCHINBROOK SHIRE $260 36 $260 33

4850 ABERGOWRIE $260 36 $260 33





4810 BELGIAN GARDENS $280 299 $300 298

4811 CLUDEN $300 52 $335 33

4812 CURRAJONG $250 137 $260 155

4814 AITKENVALE $275 86 $275 68

4815 CONDON $295 15 $288 21

4817 ALICE RIVER $260 31 $265 41

4818 BEACH HOLM $225 12 N.A. 1

4819 ARCADIA $250 16 $325 14

BURDEKIN SHIRE $200 54 $200 59

4806 ARKENDEITH $210 9 $175 8

4807 AIRVILLE $200 43 $200 48

CHARTERS TOWERS REGIONAL $195 20 $200 15

4820 RICHMOND HILL $195 20 $200 15

HINCHINBROOK SHIRE $200 27 $155 24

4850 ABERGOWRIE $200 27 $155 24


4810 BELGIAN GARDENS $275 16 $300 20

4812 CURRAJONG $260 15 $265 8



The Cairns real estate market continued to perform strongly in the June quarter, with house and unit sales volumes both rising. House and unit prices are also on an upward trend as confidence in the tourism centre’s economy continues to rebound.

Overall confidence in the Cairns market is on the increase, with the negativity surrounding the Federal budget release largely forgotten by buyers and vendors.

The tourism market in Cairns is also strengthening with the recently launched new “Dreamliner” planes by Jetstar starting flights direct to Tokyo and the proposed Aquis resort fuelling renewed interest from investors in the city’s economy.

HOUSE MARKET

Preliminary house sales numbers in Cairns were up slightly in the June quarter, with the median sale price relatively steady at $381,000. However, the median house sale price in Cairns has gone up 4.2 per cent in the 12 months to June 2014.

Agents are reporting there is renewed investor interest, particularly in the unit market, which is performing strongly as a result. Investors are said to be active in all price brackets, in particular the $1 million-plus segment, with unit sales also strong in the $150,000 to $200,000 range.

Overall house sales activity for the quarter was strongest in the $350,000 to $500,000 price point, up 14 per cent on the March quarter.

Strong performing suburbs include Trinity Park and Holloways Beach, which both recorded double digit increases in sales volumes. Smithfield, Bentley Park and Whitfield also recorded healthy increases in sales activity.

Average vendor discounting over the year in Cairns was down to 6.1 per cent, compared to 11.6 per cent a year ago. Over the same period, average days on market in Cairns have fallen from 98 to 75.

UNIT MARKET

Cairns unit sales in the June quarter rose strongly, with preliminary volumes up 17 per cent – among the highest in regional Queensland.

The sub-$250,000 price bracket saw the strongest volume in sales with 137 properties changing hands. There was also a solid increase in sales in the $250,000 to $350,000 price bracket driven by investors seeking to take advantage of strong local rental yields.

Cairns City and Cairns North recorded strong unit sales in the June quarter, with investors seeing the city as a good long term bet as the local tourism market rebounds.

Confidence in the local economy is also rising on the back of the proposed Aquis development, fuelling demand for the prestige market sector.

RENTAL MARKET

The REIQ’s latest residential rental survey shows the Cairns vacancy rate remained tight at the end of June at two per cent. Local agents are reporting strong tenant demand, which is generating higher asking rents.

While median rents remained steady over the three months to June, Cairns recorded an increase of $20 and $10 in its weekly median rent for three bedroom houses and two bedroom units respectively, compared to the June quarter last year.

Local agents say demand for house rentals remains buoyant and investors continue to find much appeal in Cairns’ gross rental yields which averaged 4.8 and 6.4 per cent over the June quarter for houses and units respectively.

CAIRNSHO

USE PRICEPO

INTS - PRELIM

INARY SALES N

UM

BERS

112

722

1401

164166

770

1840

235

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



973 972

409

18

1154 1157

472

18

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




70

480 490

7765

480548

84

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


MAR 14 JUN 14


81

437

311

3179

440

346

37

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


MAR 14 JUN 14


156

217

139

41

9


MAR 14 JUN 14


143170

58

146

193

64


MAR 14 JUN 14


159

48

11

185

4114



21

51

24

43

55

18


MAR 14 JUN 14


187 184

56

167 174

47


MAR 14 JUN 14


53

114

4056

84

31



144

78

30

153

68

20



288

163

39

294

184

60



UN

IT PRICEPOIN

TS - PRELIMIN

ARY SALES NU

MBERS

44

330

651

371

3057

363

860

454

45

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



182207

99

433

197

260

111

465

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




235

447391

241

46

273

520451

290

36

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



79

181164

109

23

105

197177

105

27

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



18

9

03

9 8

2 2



135

55

15 18

137

63

17 14



18

9 10

4

21

15

4 3



5 5

7

0

6 6 6

3



4232

158

60

47

2113



9

6

9

2

10

75

3



7

11

17

89

1311

6


MAR 14 JUN 14


4236

14

2

4336

18

7


MAR 14 JUN 14


LAND PRICEPO

INTS - PRELIM

INARY SALES N

UM

BERS BY PRICE RANGE

13

59

38

9

43 40 4031

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



53

21

5

71

36

3

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




64

26

5 6

88

33

816

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


MAR 14 JUN 14


50

20 15 10

71

35

2110

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


MAR 14 JUN 14


30

1 1

40

1 0

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


MAR 14 JUN 14


62

81

56

91

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


MAR 14 JUN 14


42

1 2

57

0 0

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



14

1 0

16

0 1

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


MAR 14 JUN 14


25

71

41

61

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



29

1 0

52

50

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



36

70

24

2 2

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



44

4 1

84

5 2

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


MAR 14 JUN 14


35


JUNE QUARTER 2014



JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE



JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE


CAIRNS (LGA) # 397 $381,000 0.3% $370,000 4.2% 4.2%

CAIRNS (LGA) ^ # ~ 9 N/A N/A $555,000 -1.8% -7.5%

BAYVIEW HEIGHTS ~ 11 $350,000 -7.3% $370,400 4.9% 3.5%

BENTLEY PARK 32 $352,500 2.5% $329,250 -0.2% -1.8%

BRINSMEAD 11 $415,125 3.7% $391,800 1.4% -3.3%

BUNGALOW 8 N/A N/A $325,000 N/A 11.7%

CAIRNS NORTH 6 N/A N/A $420,000 N/A N/A

CARAVONICA 4 N/A N/A $365,000 N/A 12.3%

CLIFTON BEACH 3 N/A N/A $517,500 5.6% 7.8%

EARLVILLE 9 N/A N/A $330,000 1.5% 3.1%

EDGE HILL ~ 8 N/A N/A $462,500 11.4% 12.8%

EDMONTON ~ 35 $345,000 9.5% $323,750 4.4% -3.2%

GOLDSBOROUGH ^ 1 N/A N/A $425,000 1.2% N/A

GORDONVALE 12 $320,500 1.3% $315,000 10.5% 5.0%

HOLLOWAYS BEACH 14 $435,000 N/A $374,000 8.4% 1.8%

KANIMBLA 4 N/A N/A $450,000 4.5% 9.5%

KEWARRA BEACH ~ 22 $438,750 8.3% $408,500 6.8% 2.1%

MANOORA 10 $253,000 N/A $263,000 -1.5% -4.4%

MANUNDA 12 $310,000 N/A $310,000 8.8% -3.4%

MOOROOBOOL ~ 17 $337,000 -15.8% $325,000 -7.1% 0.0%

MOUNT SHERIDAN 32 $364,500 -1.8% $349,000 6.2% 4.2%

PALM COVE ~ 6 N/A N/A $560,000 11.4% 11.1%

PARRAMATTA PARK 6 N/A N/A $370,000 7.6% 4.2%

REDLYNCH 25 $440,000 -0.1% $428,500 7.1% 4.5%

SMITHFIELD 22 $395,000 3.1% $380,000 1.3% 0.0%

TRINITY BEACH 15 $437,500 0.9% $420,000 6.7% 0.6%

TRINITY PARK 19 $420,000 N/A $408,000 5.4% 3.3%

WESTCOURT 2 N/A N/A $325,000 3.2% 12.1%

WHITE ROCK 12 $270,000 N/A $275,000 1.3% -3.5%

WHITFIELD ~ 22 $420,000 -23.6% $477,500 8.5% 15.1%

WOREE 2 N/A N/A $297,500 8.1% 2.6%

SURROUNDS

CASSOWARY COAST (LGA) ~ 43 $207,500 -11.7% $237,000 5.3% -7.1%

CASSOWARY COAST (LGA) ^ 14 N/A N/A $350,000 6.1% -4.1%

DOUGLAS (LGA) # 30 $384,500 1.3% $379,750 1.3% 2.6%

DOUGLAS (LGA) ^ ~ # 2 N/A N/A $402,500 29.8% N/A

MOSSMAN 9 N/A N/A $268,000 N/A -10.7%

PORT DOUGLAS ~ 7 N/A N/A $465,000 1.1% -13.9%

MAREEBA (LGA) # 33 $282,500 3.3% $262,500 5.1% 6.9%

MAREEBA (LGA) ^ ~ # 21 $392,250 -0.7% $400,000 -2.4% -7.0%

KURANDA ^ 4 N/A N/A $436,250 0.6% -3.1%

MAREEBA 27 $280,000 -1.6% $263,750 2.8% 5.5%

MAREEBA ^ ~ 6 N/A N/A $400,000 3.2% -9.6%

SPEEWAH ^ 5 N/A N/A $400,000 N/A N/A

TABLELANDS (LGA) # ~ 56 $266,000 -10.8% $280,000 3.7% -7.4%

TABLELANDS (LGA) ^ ~ # 24 $387,500 1.7% $360,000 -7.3% -1.9%

ATHERTON ~ 25 $268,500 -13.4% $310,000 1.0% -11.4%

YUNGABURRA 9 N/A N/A $331,500 N/A N/A

CAIRNS (LGA) # ~ f 244 $222,000 5.7% $215,000 7.5% -14.7%

BUNGALOW 5 N/A N/A $148,000 3.5% -29.5%

CAIRNS CITY ~ f 24 $345,000 -26.6% $425,000 23.2% -1.2%

CAIRNS NORTH ~ f 34 $214,000 -7.6% $220,000 2.3% -20.0%

CLIFTON BEACH 5 N/A N/A $235,000 N/A -25.6%

EARLVILLE ~ 5 N/A N/A $220,000 17.8% 6.8%

EDGE HILL 9 N/A N/A $155,000 2.0% -26.2%

FRESHWATER 6 N/A N/A $277,500 N/A 6.7%

HOLLOWAYS BEACH ~ f 4 N/A N/A $177,500 22.8% -20.0%

MANOORA ~ t 11 $137,000 -7.4% $139,750 -10.4% -29.3%

MANUNDA * t 23 $270,000 44.4% $148,500 8.4% -19.7%

MOOROOBOOL 4 N/A N/A $180,000 2.9% -30.2%

PALM COVE ~ 11 $223,750 18.1% $230,000 -7.9% -39.1%

PARRAMATTA PARK 6 N/A N/A $238,250 13.5% -7.7%

TRINITY BEACH ~ f 16 $221,100 -6.5% $225,000 5.5% -28.8%

WESTCOURT 14 $172,500 N/A $175,000 -1.4% -43.5%

WOREE 12 $115,000 N/A $120,000 9.1% -28.4%

YORKEYS KNOB ~ 6 N/A N/A $226,050 21.7% 4.9%

SURROUNDS

DOUGLAS (LGA) # 42 $245,000 2.1% $243,000 30.3% 10.5%

PORT DOUGLAS - ~ 36 $250,000 1.0% $220,000 18.9% 0.0%

SALES MARKET - VACANT LANDCAIRNS (LGA) # 57 $170,000 -7.1% $182,000 7.1% 13.8%

CAIRNS (LGA) ^ # 5 N/A N/A $220,000 -21.4% -26.1%

BENTLEY PARK 5 N/A N/A $151,000 8.6% 4.9%

KANIMBLA 1 N/A N/A $210,000 N/A N/A

MOUNT SHERIDAN 8 N/A N/A $172,250 -1.6% 13.0%

PALM COVE 6 N/A N/A $253,000 N/A N/A

REDLYNCH 4 N/A N/A $183,500 0.5% 7.9%

SMITHFIELD 8 N/A N/A $167,000 -0.6% N/A

TRINITY BEACH 3 N/A N/A $181,000 6.5% -2.2%

SURROUNDS

CASSOWARY COAST (LGA) 12 N/A N/A $98,000 8.9% -24.6%

DOUGLAS (LGA) # 9 N/A N/A $115,000 N/A N/A

TABLELANDS (LGA) # 9 N/A N/A $101,000 N/A -15.1%

MAREEBA (LGA) # 6 N/A N/A N/A N/A N/A

MAREEBA (LGA) ^ # 5 N/A N/A N/A N/A N/A

MAREEBA 5 N/A N/A $85,000 0.0% -17.1%



CAIRNS REGIONAL (NEW) $350 430 $330 496

4861 BABINDA $250 6 N.A. 3

4865 GOLDSBOROUGH $320 17 $320 20

4868 BAYVIEW HEIGHTS $340 73 $320 88

4869 BENTLEY PARK $325 61 $310 76

4870 AEROGLEN $360 150 $350 140

4878 BARRON $350 44 $325 44

4879 BUCHAN POINT $400 79 $375 80

DOUGLAS SHIRE (NEW) $350 34 N/A N/A

4873 BAILEY CREEK $305 19 $290 31

4877 CRAIGLIE $395 15 $375 14

CASSOWARY COAST REGIONAL $285 101 $280 109

4849 CARDWELL $300 9 $350 10

4852 BINGIL BAY $310 16 $320 21

4854 BILYANA $285 28 $300 18

4860 BAMBOO CREEK $280 38 $270 50

TABLELANDS REGIONAL (NEW) $285 92 $280 152

4872 BARRINE $260 14 $250 11

4883 ATHERTON $295 39 $290 40

4884 LAKE BARRINE $300 6 $300 7

4885 BUTCHERS CREEK $280 15 $270 14

4887 HERBERTON $285 5 N.A. 4

4888 EVELYN $260 9 $250 13

MAREEBA SHIRE (NEW) $320 47 N/A N/A

4880 ARRIGA $315 33 $290 44

4881 KOAH $360 14 $330 14



OTHER REGIONAL




JUN-14

MEDIAN SALE

JUN-14

QTRLY CHANGE

MEDIAN SALE

12MTHS JUN-14

1YR CHANGE

5YR CHANGE








SOUTH WEST

BALONNE (LGA) 5 N/A N/A N/A N/A N/A

ST GEORGE ~ 3 N/A N/A $193,750 -11.1% 14.3%

MARANOA (LGA) 19 $300,000 -6.8% $293,000 -5.5% 29.5%

ROMA ~ Y 18 $284,000 -19.2% $315,000 -5.3% 27.8%

MURWEH (LGA) 5 N/A N/A $110,000 N/A -22.8%

CHARLEVILLE ~ Y 4 N/A N/A $115,500 -30.0% -23.0%

CENTRAL WEST

LONGREACH (LGA) 9 N/A N/A N/A N/A N/A

LONGREACH ~ 7 N/A N/A $225,000 -10.0% 2.3%

NORTH WEST

MOUNT ISA (LGA) 19 $361,250 -0.8% $369,000 -0.3% 11.8%

HEALY 5 N/A N/A $419,500 -1.9% 16.5%

SUNSET 4 N/A N/A $355,000 -3.4% 8.9%

SOUTH WEST

MARANOA (LGA) 17 $175,000 N/A $160,000 6.7% N/A

ROMA ~ * 17 $175,000 18.2% $160,000 1.3% N/A

SOUTH WEST

BALONNE SHIRE $240 20 $230 20

4487 ST GEORGE $265 17 $250 14

MARANOA REGIONAL $400 72 $420 61

4455 ANGELLALA $430 58 $430 53

4465 MITCHELL $250 5 N.A. 2

MURWEH $240 25 $210 20

4470 CHARLEVILLE $250 23 $210 18

CENTRAL WEST

LONGREACH $270 15 $300 24

4730 BRIXTON $295 13 $305 22

NORTH WEST

MOUNT ISA CITY $480 87 $580 80

4825 ALEXANDRIA $480 87 $580 80

CLONCURRY SHIRE $375 21 $450 17

4824 CLONCURRY $375 21 $450 17

FAR NORTH

COOK SHIRE $280 24 $280 33

4871 ALMADEN $260 15 $250 22

4895 BLOOMFIELD $330 9 $300 11


4865 GOLDSBOROUGH $195 5 $210 6

4868 BAYVIEW HEIGHTS $250 77 $230 68

4869 BENTLEY PARK $230 21 $230 20

4870 AEROGLEN $260 485 $260 527

4878 BARRON $275 71 $250 62

4879 BUCHAN POINT $300 112 $290 136


4873 BAILEY CREEK $200 18 $190 25

4877 CRAIGLIE $290 89 $285 88

CASSOWARY COAST REGIONAL $206 79 $220 79

4849 CARDWELL $195 5 $475 14

4852 BINGIL BAY $240 27 $245 26

4854 BILYANA $250 10 $180 10

4860 BAMBOO CREEK $190 35 $200 29

TABLELANDS REGIONAL (NEW) $220 45 $220 71

4883 ATHERTON $225 35 $220 29

MAREEBA SHIRE (NEW) $250 25 N/A N/A

4880 ARRIGA $230 20 $225 29

4881 KOAH $280 5 $200 6


4868 BAYVIEW HEIGHTS $230 15 $210 10

4869 BENTLEY PARK $230 8 N.A. 4

4870 AEROGLEN $260 57 $240 56

4878 BARRON $250 17 $240 24

4879 BUCHAN POINT $300 11 $275 16


4877 CRAIGLIE $280 26 $265 19

SOUTH WEST

BALONNE SHIRE N.A. 6 N.A. 4

4487 ST GEORGE $180 5 N.A. 2

MARANOA REGIONAL $350 21 $295 23

4455 ANGELLALA $350 21 $320 19

MURWEH N.A. 12 N.A. 4

4470 CHARLEVILLE $165 12 N.A. 4

CENTRAL WEST

LONGREACH N.A. 12 N.A. 11

4730 BRIXTON $185 12 $190 11

NORTH WEST

MOUNT ISA CITY $317 81 $410 82

4825 ALEXANDRIA $317 81 $410 82

37


JUNE QUARTER 2014

ON THE MARKET INDICATORS

UNITS & TOWNHOUSESTOTAL LISTINGS % STOCK ON MARKET DAYS ON MARKET* VENDOR DISCOUNT*

LGA MAY-14 MAY-13 MAY-14 MAY-13 MAY-14 MAY-13 MAY-14 MAY-13

SOUTHEAST QLD

BRISBANE 8,184 7,766 6.3% 6.1% 70 99 -4.9% -7.8%

IPSWICH 447 439 10.5% 8.8% 132 140 -6.9% -14.0%

LOGAN 1,460 1,175 10.8% 8.9% 98 132 -6.7% -13.6%

MORETON BAY 1,876 1,615 9.1% 7.6% 106 129 -5.8% -12.6%

REDLAND 628 605 9.5% 9.0% 92 136 -5.4% -10.4%

GOLD COAST 10,739 9,824 9.1% 8.4% 95 128 -7.1% -15.2%

SUNSHINE COAST 4,779 4,519 9.7% 9.7% 107 135 -6.5% -14.8%

REGIONAL QLD

BUNDABERG 390 343 11.1% 9.6% 125 110 -7.4% -11.6%

CAIRNS 2,114 2,208 8.0% 8.3% 101 133 -7.8% -17.0%

FRASER COAST 493 486 10.7% 10.5% 133 127 -7.4% -14.5%

GLADSTONE 276 351 8.3% 10.9% 130 110 -11.9% -9.0%

MACKAY 480 479 8.3% 8.4% 122 101 -11.1% -8.9%

ROCKHAMPTON 407 411 10.5% 11.8% 108 126 -6.4% -9.3%

TOOWOOMBA 587 513 9.1% 8.1% 74 102 -4.3% -6.5%

TOWNSVILLE 1,252 1,160 10.5% 9.9% 126 141 -9.6% -14.1%

HOUSESTOTAL LISTINGS % STOCK ON MARKET DAYS ON MARKET* VENDOR DISCOUNT*

LGA MAY-14 MAY-13 MAY-14 MAY-13 MAY-14 MAY-13 MAY-14 MAY-13

SOUTHEAST QLD

BRISBANE 19,378 18,354 6.4% 5.9% 59 90 -5.6% -8.9%

IPSWICH 4,128 4,096 6.8% 6.5% 85 106 -6.7% -11.6%

LOGAN 6,114 5,497 7.1% 6.1% 77 107 -5.8% -10.2%

MORETON BAY 9,238 8,521 7.3% 6.5% 74 100 -5.6% -10.2%

REDLAND 3,805 3,611 8.4% 7.6% 71 103 -5.7% -10.7%

GOLD COAST 9,550 9,119 8.0% 7.3% 74 109 -6.1% -12.9%

SUNSHINE COAST 8,966 8,942 9.2% 8.7% 91 117 -6.0% -13.0%

REGIONAL QLD

BUNDABERG 2,847 2,650 8.5% 7.8% 83 96 -7.0% -9.7%

CAIRNS 3,259 3,342 6.8% 6.7% 75 98 -6.1% -11.6%

FRASER COAST 3,467 3,485 9.4% 9.0% 110 124 -7.5% -12.8%

GLADSTONE 1,712 2,234 7.9% 9.9% 117 112 -9.8% -9.1%

MACKAY 2,805 3,011 7.4% 7.8% 91 85 -8.5% -7.5%

ROCKHAMPTON 3,380 3,698 8.4% 8.7% 91 98 -7.7% -9.8%

TOOWOOMBA 4,168 4,101 8.5% 8.0% 64 87 -4.6% -7.3%

TOWNSVILLE 4,198 4,238 7.1% 6.9% 89 98 -7.4% -9.7%

0

20

40

60

80

100

120

140

Average Days On Market - HOUSES

2013* 2014**12mths to the end of May

-14.0%

-12.0%

-10.0%

-8.0%

-6.0%

-4.0%

-2.0%

0.0%

Average Vendor Discounting - HOUSES2013* 2014*

0

20

40

60

80

100

120

140

160

Average Days On Market - UNITS

2013* 2014**12mths to the end of May

Source: REIQ, data supplied by RP Data

-14.0%

-12.0%

-10.0%

-8.0%

-6.0%

-4.0%

-2.0%

0.0%

Average Vendor Discounting - UNITS2013* 2014*



RENTAL MARKET INDICATORS

RESIDENTIAL VACANCY RATES

AS AT END OF JUN-14 MAR-14 TREND STATUS

GREATER BRISBANE

BRISBANE SD 2.3% 1.9% UP TIGHT

BRISBANE CITY 2.4% 2.3% STEADY TIGHT

BRISBANE INNER (0-5KM) 3.4% 3.1% UP HEALTHY

BRISBANE REMAINDER 1.7% 1.9% STEADY TIGHT

BRISBANE SURROUNDS² 2.2% 1.5% UP TIGHT

IPSWICH CITY 3.0% 1.8% UP HEALTHY

LOGAN CITY 2.8% 1.2% UP HEALTHY

MORETON BAY REGIONAL 1.7% 1.5% STEADY TIGHT

CABOOLTURE 1.5% 1.1% UP TIGHT

PINE RIVERS 0.9% 1.0% STEADY TIGHT

REDCLIFFE 2.4% 2.6% STEADY TIGHT

REDLAND CITY 1.5% 1.6% STEADY TIGHT

MAINLAND 1.4% 1.4% STEADY TIGHT

BAY ISLANDS 2.6% 2.5% STEADY HEALTHY

TOURISM CENTRES

GOLD COAST CITY 1.7% 2.2% DOWN TIGHT

SUNSHINE COAST# 1.1% 1.2% STEADY TIGHT

CALOUNDRA COAST 0.9% 1.3% DOWN TIGHT

MAROOCHY COAST 0.9% 0.9% STEADY TIGHT

HINTERLAND 2.0% 3.6% DOWN TIGHT

NOOSA SHIRE# 2.0% 0.9% UP TIGHT

FRASER COAST REGIONAL 2.5% 2.5% STEADY HEALTHY

HERVEY BAY 1.9% 1.8% STEADY TIGHT

MARYBOROUGH 3.2% 3.1% STEADY HEALTHY

CAIRNS REGIONAL# 2.0% 2.0% STEADY TIGHT

DOUGLAS SHIRE# 2.2% N/A N/A TIGHT

REGIONAL QLD

BUNDABERG REGIONAL 4.0% 4.5% DOWN WEAK

GLADSTONE REGIONAL 5.6% 6.4% DOWN WEAK

MACKAY REGIONAL 6.8% 7.5% DOWN WEAK

ROCKHAMPTON REGIONAL# 4.8% 5.6% DOWN WEAK

TOOWOOMBA REGIONAL 1.5% 1.4% STEADY TIGHT

TOWNSVILLE/THURINGOWA 5.4% 4.7% UP WEAK

OTHER REGIONAL AREAS

BURDEKIN SHIRE 8.1% N/A N/A WEAK

CENTRAL HIGHLANDS REGIONAL 14.8% N/A N/A WEAK

GYMPIE REGIONAL 2.0% 1.8% STEADY TIGHT

SOUTHERN DOWNS REGIONAL 3.3% 2.5% UP HEALTHY

WHITSUNDAY REGIONAL 13.0% 9.5% UP WEAK

GROSS YIELDS HOUSES UNITS

LOCAL GOVERNMENT AREA JUN-14 MAR-14 JUN-14 MAR-14

GREATER BRISBANE

BRISBANE CITY 3.7% 3.9% 4.9% 5.0%

IPSWICH CITY 5.2% 5.2% 4.6% 5.6%

LOGAN CITY 5.1% 4.9% 6.0% 5.9%

MORETON BAY 4.6% 4.5% 4.4% 4.7%

REDLAND CITY 4.2% 4.3% 5.0% 5.2%

TOURISM CENTRES

GOLD COAST CITY 4.3% 4.5% 5.3% 5.3%

SUNSHINE COAST 4.4% 4.5% 4.9% 4.6%

CAIRNS 4.8% 4.9% 6.4% 4.3%

FRASER COAST 5.1% 5.5% 4.9% 5.3%

REGIONAL/RESOURCE AREAS

BUNDABERG 5.2% 4.8% 4.4% 4.7%

GLADSTONE 4.4% 4.4% 4.4% N/A

MACKAY 4.6% 4.9% 4.7% 3.3%

ROCKHAMPTON 4.9% 4.8% 3.0% 4.8%

TOOWOOMBA 4.6% 5.0% 4.8% 5.6%

TOWNSVILLE CITY 4.8% 4.9% 5.2% 6.9%

OTHER REGIONAL AREAS

BANANA 6.1% N/A N/A N/A

BURDEKIN 7.6% 6.3% N/A N/A

CASSOWARY COAST 7.1% 6.3% N/A N/A

CENTRAL HIGHLANDS 3.8% 5.0% N/A N/A

CHARTERS TOWERS 7.6% 6.7% N/A N/A

DOUGLAS 4.7% N/A 5.9% N/A

GOONDIWINDI 6.7% 5.4% N/A N/A

GYMPIE 5.3% 5.4% N/A N/A

ISAAC 6.7% N/A N/A N/A

LIVINGSTONE 5.1% N/A 4.9% N/A

LOCKYER VALLEY 5.9% 6.4% N/A N/A

MARANOA 6.9% 6.5% N/A N/A

MAREEBA 5.9% N/A N/A N/A

MOUNT ISA 6.9% 7.1% N/A N/A

NOOSA 3.8% N/A 5.2% N/A

NORTH BURNETT 7.8% N/A N/A N/A

SCENIC RIM 5.0% 4.7% N/A N/A

SOMERSET 5.3% 5.5% N/A N/A

SOUTH BURNETT 6.1% 5.6% N/A N/A

SOUTHERN DOWNS 5.2% 5.1% N/A N/A

TABLELANDS 5.6% 4.9% N/A N/A

WESTERN DOWNS 6.9% 6.4% N/A N/A

WHITSUNDAY 4.6% 4.7% 4.9% 5.3%VACANCY TREND: STEADY = +/- 0.2% UP => +0.3%; DOWN =< -0.3% OR MORE MARKET STATUS: TIGHT <2.5% HEALTHY = 2.5-3.5% WEAK >3.5%

The Real Estate Institute of Queensland Ltd. Copyright 2014

21 Turbo Drive, Coorparoo, PO Box 1555, Coorparoo DC Q 4151

Ph: (07) 3249 7347 Fax: (07) 3249 6211 Email: [email protected]

Queensland Market Monitor is published byThe Real Estate Institute of Queensland (REIQ).

ABN 49 009 661 287

Sales data obtained from RPData (www.rpdata.com.au) and median weekly rental data from the Residential Tenancies Authority. Enquiries about the reproduction of part or all of the information should be directed to the Corporate Affairs Division, REIQ.

Based on or contains data provided by the State of Queensland (Department of Natural Resources and Mines) 2014. In consideration of the State permitting use of this data you acknowledge and agree that the State gives no warranty in relation to the data (including accuracy, reliability, completeness, currency or suitability) and accepts no liability (including without limitation, liability in negligence) for any loss, damage or costs (including consequential damage) relating to any use of the data. Data must not be used for direct marketing or be used in breach of the privacy laws

Disclaimer: The information contained in this publication, while based on information believed reliable, is not guaranteed. Nor is any of it tendered by way of investment advice; instead, it is intended only to inform and illustrate. No reader should act on the basis of any matter contained in this publication without considering and if necessary taking appropriate professional advice with regards to their own particular circumstances. The publisher and editor give no representations and make no warranties, express or implied, with respect to the accuracy or completeness of any of the material (including statistics, advertisements and advertising features) contained in this publication. The publisher and editor expressly disclaim any and all liability to the reader, whether a purchaser of this publication or not, in respect of anything and the consequences of anything done or omitted to be done by any such person in reliance, whether whole or partial, upon the whole or any part of the contents of this publication. The publisher, editor or contributors will enter into no correspondence in relation to this publication. The mention of the company, organisation, person, investment strategy or technique does not imply endorsement by the publisher. The publisher has not vetted advertisers and their products/services. The inclusion of advertisements or special advertising features in this publication does not imply endorsement of the advertiser/s or their products/services by the publisher. Articles are published in reliance upon the representations and warranties of the authors of the articles and without knowledge of any infringement of any third party’s copyright. Copyright: This publication is protected under the Commonwealth Copyrights Act 1968 and may not, in whole or part, be lent, copied, photocopied, reproduced, translated or reduced to any electronic medium or machine-readable format without the express permission of the publisher. For permissions or reprints, contact the Corporate Affairs Division on phone 07 3249 7347.

Data report date: 11 August 2014

Published date: 11 September 2014

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2014 reiq market monitor – june quarter

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