lj gilland reiq market monitor
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Y O U R S T A T E - W I D E P R O P E R T Y R E S E A R C H G U I D E - S U B U R B B Y S U B U R B
The Real Estate Institute of Queensland
www.reiq.com.auIssue 7
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10% Deposit - it just makes senseClick here to discover how a Deposit Power Guarantee can secure a 10% deposit.
JUNE QUARTER 2010Queensland market back on track
www.reiq.com.auIssue 7 - June Quarter 2010 page 2
MARKETMONITORQ
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JUNE QUARTER 2010 STATE-WIDE SUMMARY
CONTENTS
State-wide Summary.................................. page 2
Regional Overview
[Houses, Units & Townhouses, Vacant land, Rents]
Brisbane City.......................................... page 4 Brisbane Surrounds.............................. page 9 Gold Coast City..................................... page 13 Toowoomba Regional........................... page 16 Sunshine Coast City............................ page 18 Fraser Coast Regional.......................... page 20 Bundaberg Regional.............................. page 22 Gladstone Regional............................... page 24 Rockhampton Regional......................... page 25 Mackay Regional.................................... page 27 Townsville City........................................ page 29 Cairns Regional...................................... page 31 Other Regional Areas............................ page 33
Gross Rental Yields...................................... page 36
Explanatory Notes....................................... page 36
Research Methodology Update............ page 37
Contact Details.............................................. page 37
The Real Estate Institute of Queensland Ltd. Copyright © 2010
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
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 Market Place Strategy Division on phone 07 3249 7347.
PUBLISHED: 10 September 2010
PRICEPOINTS
LGA QUARTER $0-349,999$350,000-$499,999
$500,000-$999,999 $1,000,000+ TOTAL $0-349,999
$350,000-$499,999
$500,000-$999,999 $1,000,000+ TOTAL
<$350,000 <$500,000 <$1m $1m+QUEENSLAND " MAR 10 2902 4015 2693 241 9851 0QUEENSLAND " JUN 10 2730 3787 2639 260 9416 269 405 489 90 1253
-172 -228 -54 19 -435PRICEPOINTS 0
LGA QUARTER $0-249,999$250,000-$349,999
$350,000-$499,999
$500,000-$999,999
$1,000,000+ TOTAL 0
<$250,000 <$350,000 <$500,000 <$1m $1m+ 0QUEENSLAND " MAR 10 597 1352 1425 716 158 4248 4248QUEENSLAND " JUN 10 604 1285 1469 733 124 4215 4215
7 -67 44 17 -34 -33 -33PRICEPOINTS 0
UNIT/TOWNHOUSE SALES NUMBERS (p)
LAND SALES NUMBERS (p)
HOUSE SALES NUMBERS (p) ACREAGE HOUSE SALES NUMBERS (p)
2902
2730
4015
3787
2693
2639
241
260
MAR 10
JUN 10
QUEENSLAND HOUSE SALES<$350,000 <$500,000 <$1m $1m+
PRICEPOINTS 0
LGA QUARTER $0-249,999$250,000-$349,999
$350,000-$499,999
$500,000-$999,999
$1,000,000+ TOTAL 0
LGA QUARTER <$250,000 <$350,000 <$500,000 $500,000+ $1m+ TOTALQUEENSLAND " MAR 10 1373 317 97 43 15 1845 1845QUEENSLAND " JUN 10 1422 281 97 43 9 1852 1852
49 -36 0 0 -6 70
" 3rd upload numbers 00
PRICEPOINTS 0
LGA QUARTER $0-249,999$250,000-$349,999
$350,000-$499,999
$500,000-$999,999
$1,000,000+ 0
QUEENSLAND " MAR 10 2902 4015 2693 241 9851QUEENSLAND " JUN 10 2730 3787 2639 260 9416
LAND SALES NUMBERS (p)
TOTAL RESIDENTIAL# (p)
2902
2730
4015
3787
2693
2639
241
260
MAR 10
JUN 10
QUEENSLAND HOUSE SALES<$350,000 <$500,000 <$1m $1m+
597
604
1352
1285
1425
1469
716
733
158
124
MAR 10
JUN 10
QUEENSLAND UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
# All houses & unit/townhouse sales.
QUEENSLAND (No.) HOUSES ACREAGE UNITS TOTAL RESMar-10 9851 3108 4248 17207Jun-10 9416 1251 4215 14882
QUEENSLAND (%) HOUSES ACREAGE UNITS TOTAL RESMar-10 57% 18% 25% 100%Jun-10 63% 8% 28% 100%
2902
2730
4015
3787
2693
2639
241
260
MAR 10
JUN 10
QUEENSLAND HOUSE SALES<$350,000 <$500,000 <$1m $1m+
597
604
1352
1285
1425
1469
716
733
158
124
MAR 10
JUN 10
QUEENSLAND UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
1373
1422
317
281
97
97
43
43
15
9
MAR 10
JUN 10
QUEENSLAND LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ $1m+
2902
2730
4015
3787
2693
2639
241
260
MAR 10
JUN 10
QUEENSLAND HOUSE SALES<$350,000 <$500,000 <$1m $1m+
597
604
1352
1285
1425
1469
716
733
158
124
MAR 10
JUN 10
QUEENSLAND UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
1373
1422
317
281
97
97
43
43
15
9
MAR 10
JUN 10
QUEENSLAND LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ $1m+
Median house and unit prices Queensland’s residential property market held firm against a confluence of negative factors during the June quarter.
Across the state, buyers became hesitant from about April as the string of interest rate increases started to impact confidence levels and consumer spending.
Agents reported a general lethargy amongst buyers, with most potential purchasers happy to sit on the sidelines and wait until the economy stabilised.
Central Queensland was further affected by the ill-fated resources tax during the quarter which made buyers even more uneasy before it was watered down in early July.
After some dramatic median house price adjustments over the past two years, median prices in Queensland have now returned to their pre-Global Financial Crisis levels.
Since the end of the June quarter, there has been a further slowing of the market as the country headed into what turned out to be a long and protracted Federal Election campaign and decision period.
REIQ accredited agencies are hopeful that the new government will provide the stability the market needs for activity and confidence to strengthen in line with other improving economic indicators at present.
While most major Queensland regions recorded marginal median house price rises or falls over the period, a more buoyant mood was becoming particularly evident in some areas.
The Sunshine Coast recorded a median house price decrease of 1.3 per cent to $470,000 over the June quarter, but agents were predicting happier times just around the corner with an increase in the number of people attending open homes and a more positive outlook overall.
Many buyers had recognised that the June quarter represented the bottom of the Sunshine Coast market and were correspondingly bringing their buying decisions forward.
SNAPSHOT OF lGA DATA
www.reiq.com.auIssue 7 - June Quarter 2010 page 3
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BRISBANE CITY
JUNE QUARTER 2010 HOUSES
LOCAL GOVERNMENT AREA House Change
Median over qtr
JUNE QUARTER 2010 STATE-WIDE SUMMARY
PRICEPOINTS
LGA QUARTER $0-349,999$350,000-$499,999
$500,000-$999,999 $1,000,000+ TOTAL $0-349,999
$350,000-$499,999
$500,000-$999,999 $1,000,000+ TOTAL
<$350,000 <$500,000 <$1m $1m+QUEENSLAND " MAR 10 2902 4015 2693 241 9851 0QUEENSLAND " JUN 10 2730 3787 2639 260 9416 269 405 489 90 1253
-172 -228 -54 19 -435PRICEPOINTS 0
LGA QUARTER $0-249,999$250,000-$349,999
$350,000-$499,999
$500,000-$999,999
$1,000,000+ TOTAL 0
<$250,000 <$350,000 <$500,000 <$1m $1m+ 0QUEENSLAND " MAR 10 597 1352 1425 716 158 4248 4248QUEENSLAND " JUN 10 604 1285 1469 733 124 4215 4215
7 -67 44 17 -34 -33 -33PRICEPOINTS 0
UNIT/TOWNHOUSE SALES NUMBERS (p)
LAND SALES NUMBERS (p)
HOUSE SALES NUMBERS (p) ACREAGE HOUSE SALES NUMBERS (p)
2902
2730
4015
3787
2693
2639
241
260
MAR 10
JUN 10
QUEENSLAND HOUSE SALES<$350,000 <$500,000 <$1m $1m+
PRICEPOINTS 0
LGA QUARTER $0-249,999$250,000-$349,999
$350,000-$499,999
$500,000-$999,999
$1,000,000+ TOTAL 0
LGA QUARTER <$250,000 <$350,000 <$500,000 $500,000+ $1m+ TOTALQUEENSLAND " MAR 10 1373 317 97 43 15 1845 1845QUEENSLAND " JUN 10 1422 281 97 43 9 1852 1852
49 -36 0 0 -6 70
" 3rd upload numbers 00
PRICEPOINTS 0
LGA QUARTER $0-249,999$250,000-$349,999
$350,000-$499,999
$500,000-$999,999
$1,000,000+ 0
QUEENSLAND " MAR 10 2902 4015 2693 241 9851QUEENSLAND " JUN 10 2730 3787 2639 260 9416
LAND SALES NUMBERS (p)
TOTAL RESIDENTIAL# (p)
2902
2730
4015
3787
2693
2639
241
260
MAR 10
JUN 10
QUEENSLAND HOUSE SALES<$350,000 <$500,000 <$1m $1m+
597
604
1352
1285
1425
1469
716
733
158
124
MAR 10
JUN 10
QUEENSLAND UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
# All houses & unit/townhouse sales.
QUEENSLAND (No.) HOUSES ACREAGE UNITS TOTAL RESMar-10 9851 3108 4248 17207Jun-10 9416 1251 4215 14882
QUEENSLAND (%) HOUSES ACREAGE UNITS TOTAL RESMar-10 57% 18% 25% 100%Jun-10 63% 8% 28% 100%
2902
2730
4015
3787
2693
2639
241
260
MAR 10
JUN 10
QUEENSLAND HOUSE SALES<$350,000 <$500,000 <$1m $1m+
597
604
1352
1285
1425
1469
716
733
158
124
MAR 10
JUN 10
QUEENSLAND UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
1373
1422
317
281
97
97
43
43
15
9
MAR 10
JUN 10
QUEENSLAND LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ $1m+
2902
2730
4015
3787
2693
2639
241
260
MAR 10
JUN 10
QUEENSLAND HOUSE SALES<$350,000 <$500,000 <$1m $1m+
597
604
1352
1285
1425
1469
716
733
158
124
MAR 10
JUN 10
QUEENSLAND UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
1373
1422
317
281
97
97
43
43
15
9
MAR 10
JUN 10
QUEENSLAND LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ $1m+
PRICEPOINTS
LGA QUARTER $0-349,999$350,000-$499,999
$500,000-$999,999 $1,000,000+ TOTAL $0-349,999
$350,000-$499,999
$500,000-$999,999 $1,000,000+ TOTAL
<$350,000 <$500,000 <$1m $1m+QUEENSLAND " MAR 10 2902 4015 2693 241 9851 0QUEENSLAND " JUN 10 2730 3787 2639 260 9416 269 405 489 90 1253
-172 -228 -54 19 -435PRICEPOINTS 0
LGA QUARTER $0-249,999$250,000-$349,999
$350,000-$499,999
$500,000-$999,999
$1,000,000+ TOTAL 0
<$250,000 <$350,000 <$500,000 <$1m $1m+ 0QUEENSLAND " MAR 10 597 1352 1425 716 158 4248 4248QUEENSLAND " JUN 10 604 1285 1469 733 124 4215 4215
7 -67 44 17 -34 -33 -33PRICEPOINTS 0
UNIT/TOWNHOUSE SALES NUMBERS (p)
LAND SALES NUMBERS (p)
HOUSE SALES NUMBERS (p) ACREAGE HOUSE SALES NUMBERS (p)
2902
2730
4015
3787
2693
2639
241
260
MAR 10
JUN 10
QUEENSLAND HOUSE SALES<$350,000 <$500,000 <$1m $1m+
PRICEPOINTS 0
LGA QUARTER $0-249,999$250,000-$349,999
$350,000-$499,999
$500,000-$999,999
$1,000,000+ TOTAL 0
LGA QUARTER <$250,000 <$350,000 <$500,000 $500,000+ $1m+ TOTALQUEENSLAND " MAR 10 1373 317 97 43 15 1845 1845QUEENSLAND " JUN 10 1422 281 97 43 9 1852 1852
49 -36 0 0 -6 70
" 3rd upload numbers 00
PRICEPOINTS 0
LGA QUARTER $0-249,999$250,000-$349,999
$350,000-$499,999
$500,000-$999,999
$1,000,000+ 0
QUEENSLAND " MAR 10 2902 4015 2693 241 9851QUEENSLAND " JUN 10 2730 3787 2639 260 9416
LAND SALES NUMBERS (p)
TOTAL RESIDENTIAL# (p)
2902
2730
4015
3787
2693
2639
241
260
MAR 10
JUN 10
QUEENSLAND HOUSE SALES<$350,000 <$500,000 <$1m $1m+
597
604
1352
1285
1425
1469
716
733
158
124
MAR 10
JUN 10
QUEENSLAND UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
# All houses & unit/townhouse sales.
QUEENSLAND (No.) HOUSES ACREAGE UNITS TOTAL RESMar-10 9851 3108 4248 17207Jun-10 9416 1251 4215 14882
QUEENSLAND (%) HOUSES ACREAGE UNITS TOTAL RESMar-10 57% 18% 25% 100%Jun-10 63% 8% 28% 100%
2902
2730
4015
3787
2693
2639
241
260
MAR 10
JUN 10
QUEENSLAND HOUSE SALES<$350,000 <$500,000 <$1m $1m+
597
604
1352
1285
1425
1469
716
733
158
124
MAR 10
JUN 10
QUEENSLAND UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
1373
1422
317
281
97
97
43
43
15
9
MAR 10
JUN 10
QUEENSLAND LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ $1m+
2902
2730
4015
3787
2693
2639
241
260
MAR 10
JUN 10
QUEENSLAND HOUSE SALES<$350,000 <$500,000 <$1m $1m+
597
604
1352
1285
1425
1469
716
733
158
124
MAR 10
JUN 10
QUEENSLAND UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
1373
1422
317
281
97
97
43
43
15
9
MAR 10
JUN 10
QUEENSLAND LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ $1m+
SOUTHEAST QUEENSLAND
BRISBANE (SD) $460,000 2.0%
BRISBANE CITY $538,250 1.2%
IPSWICH CITY $325,000 1.6%
LOGAN CITY $365,000 -1.4%
MORETON BAY REGIONAL $407,000 1.2%
REDLAND CITY $468,500 -1.1%
GOLD COAST CITY $495,000 -2.2%
SUNSHINE COAST REGIONAL $470,000 -1.3%
MAJOR REGIONAL CENTRES
BUNDABERG REGIONAL $285,250 0.1%
CAIRNS REGIONAL $358,000 -3.2%
FRASER COAST REGIONAL $300,000 -5.4%
GLADSTONE REGIONAL $370,000 -2.9%
MACKAY REGIONAL $395,000 -2.0%
ROCKHAMPTON REGIONAL $320,000 -1.5%
TOOWOOMBA REGIONAL ~ $285,000 -6.3%
TOWNSVILLE CITY $380,000 1.3%
Gladstone’s median house price also decreased – by 2.9 per cent to $370,000 – over the period but agents said confidence remained robust given the opportunities that lay ahead for the region with the development of LNG. Investor interest continued to be strong, especially from other mining regions of Australia.
Townsville posted a 1.3 per cent median house price increase to $380,000 over the quarter, which was the second strongest performing major behind Greater Brisbane. Townsville continues to enjoy some healthy growth given the diversity of its economy.
The variety of units and townhouses now available to Queensland property buyers helped this segment of the market record solid price growth in many areas over the June quarter.
About 25 per cent of all sales for Queensland residential property are now units and townhouses and this number will increase in the years ahead as more people factor lifestyle, location and affordability into their buying decisions.
The type of developments now available also caters to many different types of buyers. Across the state, units and townhouses continue to provide more affordable options for first home buyers and investors, while prestige buyers are increasingly spending upwards of $1 million to snare a unit with unparalleled water or city views.
The development of high-end unit and townhouse complexes in regional areas is also helping to reshape the traditional landscape of these towns.
Where units and townhouses used to be a relative scarcity in some of our rural and regional centres, this is starting to
change as our population grows and demand for property increases.
Mining is also having an impact on demand and on the types of developments being constructed, so we are seeing an increase in prestige units in Central Queensland, especially Gladstone, Mackay and Rockhampton.
Median land prices Queensland’s vacant urban land remained steady with the number preliminary sales in the June quarter just seven more than in the March quarter.
Across Queensland there were 1,852 preliminary sales of vacant urban land over the June quarter. There was a small shift to land at the affordable end of the market with sales numbers for land under $250,000 increasing.
The potential of the Gladstone region was further evidenced during the quarter with the preliminary number of land sales more than doubling that recorded during the March quarter.
Median rents Median rents for residential rental properties across the State recorded minimal price changes over the year to June 2010. Some regions reported increases of up to $20 per week over the past year with others remaining flat over the same period.
Agents are reporting a mixed-bag in the rental market with some areas showing a definite easing in demand, while others have witnessed an increase in demand of late, especially from would-be first home buyers who are again struggling to get a foothold in the market.
www.reiq.com.auIssue 7 - June Quarter 2010 page 4
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BRISBANE CITY
9
BRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALES ROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+
141141141141
881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10
127127127127
863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10
BRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+
775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10
839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10
INCLUDESINCLUDESINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALESGOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+
2020
417 364 54JUN 10 144 41 9JUN 10 159 198 55JUN 10417 364 54JUN 10 144 41JUN 10 159 198 55JUN 10
1616
434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10
SUNSHINE COAST HOUSE SALES CAIRNS HOUSE SALESGLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+
46 40
348 226JUN 10 139 118 43JUN 1064 109 25JUN 10
50 41MAR 10 120 158 40MAR 10MAR 10396 290 52 77 19
127
141
863
881
1259
1373
120
141
MAR 10
JUN 10
BRISBANE CITY HOUSE SALES<$350,000 <$500,000 <$1m $1m+
839
775
1147
1111
454
424
13
14
MAR 10
JUN 10
BRISBANE SURROUNDS' HOUSE SALES
<$350,000 <$500,000 <$1m $1m+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
16
20
434
417
422
364
58
54
MAR 10
JUN 10
GOLD COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
50
46
396
348
290
226
41
40
MAR 10
JUN 10
SUNSHINE COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
166
144
60
41
12
9
MAR 10
JUN 10
BUNDABERG HOUSE SALES<$350,000 <$500,000 $500,000+
120
139
158
118
40
43
MAR 10
JUN 10
CAIRNS HOUSE SALES<$350,000 <$500,000 $500,000+
193
182
80
48
10
15
MAR 10
JUN 10
FRASER COAST HOUSESALES<$350,000 <$500,000 $500,000+
52
64
77
109
19
25
MAR 10
JUN 10
GLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+
171
159
207
198
51
55
MAR 10
JUN 10
TOWNSVILLE HOUSE SALES<$350,000 <$500,000 $500,000+
62
70
183
150
46
51
MAR 10
JUN 10
MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+
164
128
72
62
29
25
MAR 10
JUN 10
ROCKHAMPTON HOUSE SALES<$350,000 <$500,000 $500,000+
274
272
101
88
33
13
MAR 10
JUN 10
TOOWOOMBA HOUSE SALES<$350,000 <$500,000 $500,000+
6
45
1
2
2 5
8
8
9
6
8
6
45
1
2
5
4
1
3
2 5
8
8
9
6
8
6
45
1
2
BRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
44444444
254 684 282 47JUN 10 16 12 10 4JUN 1047 22 5 2JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10
50505050
255 645 242 30MAR 10 10 21 12 6MAR 1043 21 10 1MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10
BRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+
102 224 110 45JUN 10 32 24 10 8JUN 10 14 12 9 8JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10
104 240 101 55MAR 10 13 15 2 5MAR 10 14 28 8 6MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALESGOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+
123 428 405 258 46JUN 10 28 14 4 3JUN 10 23 38 19 12JUN 10123 428 405 258 46JUN 10 28 14JUN 10 23 38 19 12JUN 10
99 415 407 278 91MAR 10 16 19 5 1MAR 10 26 59 30 14MAR 1099 415 407 278 91MAR 10 16 19MAR 10 26 59 30 14MAR 10
SUNSHINE COAST UNIT SALES CAIRNS UNIT SALESGLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
45 139 146 87 19JUN 10 80 69 30 25JUN 109 9 14 5JUN 10
44 163 145 100 23MAR 10 124 64 31 14MAR 1010 11 12 3MAR 10
50
44
255
254
645
684
242
282
30
47
MAR 10
JUN 10
BRISBANE CITY UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
104
102
240
224
101
110
55
45
MAR 10
JUN 10
BRISBANE SURROUNDS' UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
99
123
415
428
407
405
278
258
91
46
MAR 10
JUN 10
GOLD COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
44
45
163
139
145
146
100
87
23
19
MAR 10
JUN 10
SUNSHINE COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
16
28
19
14
5
4
1
3
MAR 10
JUN 10
BUNDABERG UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
124
80
64
69
31
30
14
25
MAR 10
JUN 10
CAIRNS UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
13
32
15
24
2
10
5
8
MAR 10
JUN 10
FRASER COAST UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
9
11
9
12
14
3
5
MAR 10
JUN 10
GLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
26
23
59
38
30
19
14
12
MAR 10
JUN 10
TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
14
14
28
12
8
9
6
8
MAR 10
JUN 10
MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
16
21
12
12
10
6
4
MAR 10
JUN 10
ROCKHAMPTON UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
43
47
21
22
10
5
1
2
MAR 10
JUN 10
TOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
3
4
2
0
3
7
2
2
8
3
7
3
2
1
5
2
0
4
3
4
2
0
3
7
2
2
8
3
5
8
4
4
1
0
BUNDABERG LAND SALES
7
3
2
1
3
5
5
2
0
4
3
4
2
0
3
7
2
2
BRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALES ROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+
54 49 36 15JUN 10 67 4 0JUN 1054 7 2JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 10
26 55 47 12MAR 10 57 3 2MAR 1067 3 2MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 10
BRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
417 96 27 3JUN 10 57 3 1JUN 10 81 2 4JUN 10417 96 27JUN 10 57JUN 10 81JUN 10417 96 27JUN 10 57JUN 10 81JUN 10
418 106 17 8MAR 10 61 7 2MAR 10 80 5 0MAR 10418 106 17MAR 10 61MAR 10 80MAR 10418 106 17MAR 10 61MAR 10 80MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST LAND SALES BUNDABERG LAND SALES TOWNSVILLE LAND SALESGOLD COAST LAND SALES TOWNSVILLE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
83 41 8 14JUN 10 44 4 0JUN 10 58 12 5JUN 1083 41 14JUN 10 44JUN 10 58 12JUN 10
67 38 5 14MAR 10 52 4 1MAR 10 62 11 3MAR 1067 38 14MAR 10 52MAR 10 62 11MAR 10
SUNSHINE COAST LAND SALES CAIRNS LAND SALESGLADSTONE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+
gold coast sunshine coast<$250,000 <$350,000 $350,000+
JUN 09 273 96 9 16 JUN 09 176 99 18 19 SEP 09 159 75 12 25 SEP 09 112 79 26 15 DEC 09JUN 10 5 1222 6047 815 11 5 DEC 09 JU 91N 10 68 28 14 56 8 3JUN 1081 1 3
66 61 13 15MAR 10 58 10 5MAR 1032 6 2MAR 10
26
54
55
49
47
36
12
15
MAR 10
JUN 10
BRISBANE CITY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
418
417
106
96
17
27
8
3
MAR 10
JUN 10
BRISBANE SURROUNDS' LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
67
83
38
41
5
8
14
14
MAR 10
JUN 10
GOLD COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
66
52
61
47
13
15
15
11
MAR 10
JUN 10
SUNSHINE COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
52
44
4
4
1
0
MAR 10
JUN 10
BUNDABERG LAND SALES<$250,000 <$350,000 $350,000+
58
56
10
8
5
3
MAR 10
JUN 10
CAIRNS LAND SALES<$250,000 <$350,000 $350,000+
61
57
7
3
2
1
MAR 10
JUN 10
FRASER COAST LAND SALES<$250,000 <$350,000 $350,000+
32
81
6
1
2
3
MAR 10
JUN 10
GLADSTONE LAND SALES<$250,000 <$350,000 $350,000+
62
58
11
12
3
5
MAR 10
JUN 10
TOWNSVILLE LAND SALES<$250,000 <$350,000 $350,000+
80
81
5
2
0
4
MAR 10
JUN 10
MACKAY LAND SALES<$250,000 <$350,000 $350,000+
57
67
3
4
2
0
MAR 10
JUN 10
ROCKHAMPTON LAND SALES<$250,000 <$350,000 $350,000+
67
54
3
7
2
2
MAR 10
JUN 10
TOOWOOMBA LAND SALES<$250,000 <$350,000 $350,000+
Median house and unit prices Brisbane’s residential property market was hamstrung by a number of negative influences across the June quarter.
Agents reported hesitation amongst buyers as increasing interest rates and economic concerns made decision-making a low priority.
The Brisbane median house price increased 1.2 per cent to $538,250 over the June quarter, and was up 11.6 per cent over the year, partly due to the change in the composition of sales over the 12-month period.
Since the June quarter, agents continued to report indecision amongst buyers, with many putting off buying until a clearer picture emerged about the economy and which parties would form the new government.
There remains a healthy dose of enquiry and attendance at open homes, but very few are buyers who are prepared to take the next step and submit an offer or sign a contract.
Stock levels are high with buyers having plenty to choose from. Vendor expectation appears to have become more realistic and thus lowering their asking prices to meet the market and make a sale.
Some median house price performers in Brisbane over the June quarter included Stretton, Acacia Ridge and Sunnybank.
The Brisbane median unit and townhouse price increased 2.5 per cent to $410,000 over the June quarter.
The highest numbers of preliminary unit and townhouse sales over the June quarter were located in Brisbane City, New Farm, Coorparoo, Nundah and Moorooka.
A trend towards high-end units was evident in Brisbane City with nine preliminary sales of more than $1 million occurring over the quarter. The majority of sales in New Farm were in the $500,000 to $1 million price bracket, while it was sales in the $350,000 to $500,000 range that were more prevalent in Coorparoo, Moorooka and Nundah.
The new Moorooka Links development – formerly an industrial site – is proving popular with interstate investors. The development includes two and three-bedroom apartments ranging in price from $400,000 to $520,000.
Vacant land pricesThe median price of vacant urban land in Brisbane decreased 7.8 per cent to $299,500 over the June quarter and increased 2.2 per cent over the year.
There were only 154 preliminary sales of vacant urban land in the Brisbane local government area over the quarter which highlights the severe lack of land available for new homes in the Brisbane City Council area. By contrast, there were about 3,850 preliminary sales of houses and units and townhouses in Brisbane over the same period.
The most popular suburb for land sales was Heathwood, 23km south of Brisbane, which recorded 20 preliminary sales. Fitzgibbon, 16.5km north of Brisbane, recorded 17 sales in the Fitzgibbon Chase subdivision, which is a state government affordable housing initiative with the Urban Land and Development Authority. Durack, 17km south of the city, recorded 15 sales and the lowest median at $203,000.
Median rentsThe median rent for a two-bedroom unit increased $10 per week to $360 between June 2009 and June this year. The median rent for a three-bedroom house increased $10 per week to $380 over the same period.
Queensland Office of Statistical and Economic Research residential rental vacancy rates recorded a slight easing of demand in Brisbane over the June quarter. The vacancy rate increased to 3.9 per cent from 3.8 per cent in March.
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 5
MARKETMONITORQ
UE
EN
SLA
ND
BRISBANE CITY
HOUSES HOUSES continued
Suburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
MEDIAN SALES DATA MEDIAN SALES DATASuburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
BRISBANE (SD) 4,860 $460,000 2.0% $450,000 9.8% 45.2%
BRISBANE (SD) ^ 344 $575,000 -1.7% $575,000 6.2% 36.9%
BRISBANE (LGA) 2,536 $538,250 1.2% $530,000 11.6% 47.2%
BRISBANE (LGA) ^ 51 $1,000,000 4.7% $1,000,000 9.9% 39.9%
ACACIA RIDGE 19 $365,000 10.6% $345,000 9.0% 52.8%
ALDERLEY 18 $617,500 3.3% $600,500 10.7% 42.1%
ALGESTER 23 $430,000 0.0% $420,500 8.1% 49.0%
ANNERLEY 17 $600,000 -3.7% $572,500 7.0% 56.8%
ASCOT 8 N/A N/A $1,202,500 7.1% 50.8%
ASHGROVE 37 $679,750 -4.9% $670,500 6.4% 52.7%
ASPLEY 36 $493,500 9.0% $470,000 5.3% 47.5%
AUCHENFLOWER ~ 7 N/A N/A $753,250 15.0% 40.1%
BALD HILLS 24 $385,000 -0.6% $390,000 2.6% 47.7%
BALMORAL ~ 12 $766,500 N/A $740,000 -5.4% 48.0%
BANYO 21 $430,000 7.5% $428,000 12.6% 50.2%
BARDON 29 $801,500 8.5% $760,000 14.3% 53.5%
BELLBOWRIE 14 $476,250 7.6% $477,500 11.4% 42.5%
BELMONT 8 N/A N/A $576,000 6.2% 51.6%
BOONDALL 29 $423,000 0.1% $420,000 2.4% 37.7%
BRACKEN RIDGE 39 $430,000 4.6% $417,000 3.0% 35.3%
BRIDGEMAN DOWNS ~ 15 $730,000 13.2% $700,000 16.7% 34.0%
BRIGHTON 21 $415,000 -2.4% $410,000 6.5% 45.4%
BROOKFIELD 1 N/A N/A $817,500 N/A 39.1%
BULIMBA ~ 24 $879,000 14.2% $875,000 5.4% 30.6%
CALAMVALE 40 $557,750 6.2% $518,000 8.3% 48.0%
CAMP HILL ~ 33 $650,000 -9.7% $631,024 14.7% 48.1%
CANNON HILL 15 $585,000 6.6% $550,000 13.3% 47.7%
CARINA 25 $500,000 -2.0% $506,500 10.1% 46.8%
CARINA HEIGHTS 11 $519,000 3.8% $530,000 15.5% 45.2%
CARINDALE 40 $687,500 -2.5% $702,500 13.1% 46.4%
CARSELDINE 13 $564,500 0.1% $520,000 8.1% 43.3%
CHAPEL HILL 27 $675,000 1.1% $659,000 12.6% 46.4%
CHELMER ~ 11 $675,000 N/A $882,500 25.2% 37.6%
CHERMSIDE 13 $450,000 -2.7% $462,500 3.5% 49.2%
CHERMSIDE WEST 11 $490,000 8.9% $460,000 5.3% 48.4%
CLAYFIELD ~ 16 $890,000 7.9% $920,000 25.2% 46.0%
COOPERS PLAINS 11 $470,000 2.6% $436,500 7.5% 57.0%
COORPAROO ~ 28 $630,000 -7.8% $665,000 16.7% 54.7%
CORINDA 13 $590,000 N/A $587,000 0.8% 47.1%
DARRA 6 N/A N/A $362,500 5.5% 64.8%
DEAGON 14 $407,500 10.1% $400,000 11.1% 45.7%
DOOLANDELLA 10 $441,500 N/A $377,000 7.7% 50.8%
DREWVALE 14 $470,500 -1.5% $473,000 8.6% 41.2%
DURACK 26 $389,000 8.5% $365,000 11.5% 44.0%
EAST BRISBANE 12 $683,250 -2.4% $680,000 11.5% 49.5%
EIGHT MILE PLAINS ~ 31 $600,000 -7.7% $590,000 11.3% 43.9%
ENOGGERA ~ 13 $635,000 24.3% $541,750 2.2% 53.0%
EVERTON PARK 21 $517,000 7.9% $478,000 11.2% 45.3%
FAIRFIELD 10 $565,000 N/A $595,000 2.6% 58.7%
FERNY GROVE 14 $540,500 7.1% $495,000 3.8% 35.2%
FIG TREE POCKET ~ 6 N/A N/A $766,750 20.3% 52.7%
FITZGIBBON ~ 9 N/A N/A $410,000 -1.2% 46.4%
FOREST LAKE 77 $415,400 1.4% $405,000 9.2% 44.1%
GAYTHORNE 4 N/A N/A $575,000 9.0% 69.1%
GEEBUNG 15 $455,000 N/A $447,500 11.2% 56.3%
GORDON PARK 5 N/A N/A $580,000 0.9% 39.8%
GRACEVILLE ~ 14 $772,500 19.8% $677,500 5.2% 53.6%
GRANGE 16 $653,750 N/A $720,000 16.1% 65.9%
GREENSLOPES 14 $642,500 5.3% $600,000 12.6% 65.5%
HAMILTON ~ 5 N/A N/A $1,066,000 -10.8% 42.1%
HAWTHORNE ~ 9 N/A N/A $882,444 28.8% 53.5%
HEATHWOOD 6 N/A N/A $527,500 1.0% N/A
HEMMANT 8 N/A N/A $428,500 7.0% 52.0%
HENDRA ~ * 16 $720,000 -7.2% $775,500 20.5% 58.3%
HIGHGATE HILL 7 N/A N/A $780,000 3.9% 50.0%
HOLLAND PARK 26 $560,000 3.7% $540,000 10.0% 57.0%
HOLLAND PARK WEST ~ 17 $598,000 13.9% $540,000 6.9% 54.5%
INALA ~ G 51 $206,150 -32.1% $295,000 1.7% 59.0%
INDOOROOPILLY 22 $675,000 2.3% $654,000 5.9% 25.8%
JAMBOREE HEIGHTS 4 N/A N/A $427,000 2.9% 47.2%
JINDALEE 23 $525,000 9.3% $486,000 9.0% 42.9%
KANGAROO POINT 2 N/A N/A $657,250 1.1% 50.1%
KARANA DOWNS 4 N/A N/A $420,000 6.6% 52.2%
KARANA DOWNS ^ 2 N/A N/A $512,000 13.8% 35.2%
KEDRON ~ 24 $537,500 -9.7% $516,000 8.6% 45.4%
KELVIN GROVE 11 $618,000 N/A $615,000 4.2% 44.7%
KENMORE 27 $580,000 5.5% $560,500 14.2% 51.5%
KENMORE HILLS 2 N/A N/A $695,000 N/A 35.0%
KEPERRA 26 $430,750 2.4% $435,000 7.7% 53.3%
KURABY 21 $530,000 3.4% $534,000 10.1% 33.5%
LOTA 12 $505,000 6.9% $478,750 1.1% 26.0%
LUTWYCHE 3 N/A N/A $577,500 1.3% 57.6%
MACGREGOR 11 $552,257 N/A $533,500 12.3% 39.5%
MACKENZIE 6 N/A N/A $627,000 N/A 38.6%
MANLY ~ 10 $625,000 -15.3% $675,000 19.2% 35.0%
MANLY WEST 34 $468,000 -4.1% $492,000 7.0% 40.6%
MANSFIELD 26 $477,500 -6.6% $500,000 13.1% 50.3%
MCDOWALL 20 $542,500 -5.7% $540,000 8.2% 35.3%
MIDDLE PARK 11 $480,000 N/A $529,000 9.1% 46.5%
MITCHELTON 22 $524,944 3.2% $495,000 7.6% 51.4%
MOGGILL ~ 14 $485,000 -7.6% $484,000 4.3% 36.3%
MOOROOKA 20 $520,000 8.3% $487,250 7.2% 45.4%
MORNINGSIDE ~ 26 $679,000 15.1% $590,000 16.8% 49.2%
MOUNT CROSBY ^ 5 $560,000 0.9% $550,000 7.3% N/A
MOUNT GRAVATT 9 N/A N/A $488,000 4.9% 47.9%
MOUNT GRAVATT EAST 28 $479,000 -2.0% $477,000 10.9% 46.8%
MURARRIE ~ 16 $521,500 12.2% $497,450 8.9% 25.9%
NEW FARM ~ 8 N/A N/A $960,000 15.3% 10.0%
NEWMARKET ~ 4 N/A N/A $665,520 7.3% 57.5%
NORMAN PARK 22 $635,750 -6.5% $682,500 10.1% 59.8%
NORTHGATE 16 $471,500 N/A $483,750 2.9% 40.2%
NUDGEE 7 N/A N/A $473,750 4.8% 69.2%
NUNDAH 15 $620,000 10.2% $583,000 13.1% 61.9%
OXLEY 17 $459,000 5.5% $457,750 11.1% 55.2%
PADDINGTON ~ 31 $850,000 -15.0% $784,000 17.7% 63.7%
PARKINSON ~ 31 $555,000 13.3% $522,250 12.3% 39.5%
PULLENVALE ^ ~ 9 $1,112,500 N/A $970,000 -6.7% 24.4%
RED HILL ~ 14 $775,000 27.6% $707,500 17.9% 53.5%
RIVERHILLS 10 $436,650 -1.0% $435,000 9.0% 45.5%
ROBERTSON 5 N/A N/A $714,700 15.3% 39.9%
ROCKLEA 10 $380,000 N/A $380,000 5.6% 72.7%
RUNCORN 43 $439,500 0.7% $430,000 5.7% 50.3%
SALISBURY 14 $488,750 6.7% $450,000 8.4% 50.0%
SANDGATE ~ 16 $492,500 -12.8% $535,000 18.9% 44.6%
SEVEN HILLS 5 N/A N/A $585,000 10.4% 43.6%
SEVENTEEN MILE ROCKS ~ 9 N/A N/A $524,000 12.0% 58.4%
SHERWOOD 15 $639,300 -6.7% $700,000 7.7% 55.6%
SINNAMON PARK ~ 17 $640,000 15.0% $625,000 7.9% 41.6%
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 6
MARKETMONITORQ
UE
EN
SLA
ND
BRISBANE CITY
UNITS & TOWNHOUSES
HOUSES continued UNITS & TOWNHOUSES continued
Suburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
MEDIAN SALES DATA MEDIAN SALES DATASuburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
SPRING HILL 4 N/A N/A $787,500 N/A 58.0%
ST LUCIA ~ 7 N/A N/A $972,500 26.3% 35.1%
STAFFORD 24 $515,000 N/A $470,000 4.4% 51.6%
STAFFORD HEIGHTS 30 $475,000 -1.0% $470,000 9.9% 48.7%
STRETTON 14 $646,250 11.4% $670,000 18.9% 34.7%
SUNNYBANK 28 $567,000 10.5% $532,000 6.4% 49.0%
SUNNYBANK HILLS ~ 27 $489,999 -10.5% $512,000 19.1% 50.6%
TAIGUM 11 $479,000 3.7% $465,000 13.4% 38.8%
TARINGA ~ 8 N/A N/A $800,000 31.1% 61.6%
TARRAGINDI 30 $573,500 -3.4% $577,000 13.1% 58.8%
THE GAP 51 $576,000 5.2% $550,000 10.1% 44.0%
TINGALPA 22 $437,000 -5.0% $445,000 6.0% 47.8%
TOOWONG ~ 15 $645,000 -9.5% $665,000 -9.1% 47.1%
UPPER KEDRON 20 $540,000 0.0% $540,000 5.9% 30.8%
UPPER MOUNT GRAVATT 21 $485,000 5.7% $460,750 7.2% 51.1%
VIRGINIA 13 $430,000 N/A $433,000 8.3% 39.7%
WAKERLEY 19 $665,000 4.3% $630,000 11.0% 42.6%
WAVELL HEIGHTS 33 $540,500 -0.2% $513,000 10.6% 52.0%
WEST END 5 N/A N/A $817,500 13.2% 66.5%
WESTLAKE ~ 16 $695,000 19.8% $602,500 13.7% 36.6%
WILSTON 12 $825,000 -4.9% $845,000 18.2% 73.1%
WINDSOR 14 $647,500 -6.9% $665,000 9.0% 72.1%
WISHART 21 $559,000 -1.9% $555,000 13.7% 55.7%
WOOLLOONGABBA 3 N/A N/A $637,500 5.4% 82.1%
WOOLOOWIN ~ 12 $613,250 -7.8% $672,500 20.1% 46.2%
WYNNUM 32 $560,000 6.7% $520,000 10.1% 42.5%
WYNNUM WEST 27 $438,000 -2.7% $450,000 2.7% 43.3%
YERONGA 12 $640,000 -3.0% $679,000 1.3% 46.0%
ZILLMERE ~ 16 $395,400 -7.8% $405,000 8.6% 62.0%
BRISBANE (SD) 1,791 $382,000 2.6% $375,000 7.1% 43.1%
BRISBANE CITY (LGA) 1,311 $410,000 2.5% $400,000 6.7% 38.4%
BRISBANE CITY ~ * 112 $425,000 -4.2% $448,000 5.4% 16.4%
ALBION 7 N/A N/A $420,000 15.1% 49.5%
ALDERLEY ~ * 6 N/A N/A $351,500 -4.5% 40.6%
ALGESTER 7 N/A N/A $347,000 13.8% 25.3%
ANNERLEY ~ * 21 $379,000 17.5% $366,750 5.8% 53.3%
ASCOT 13 $420,000 N/A $410,000 7.9% 36.7%
ASHGROVE 5 N/A N/A $411,000 10.2% 46.7%
ASPLEY 7 N/A N/A $376,750 5.5% 47.7%
AUCHENFLOWER * 17 $437,000 1.4% $425,250 -3.6% 43.2%
BALMORAL 7 N/A N/A $445,000 8.7% 31.9%
BARDON * 5 N/A N/A $631,750 N/A 79.0%
BOWEN HILLS 9 N/A N/A $427,000 2.6% 27.6%
BRACKEN RIDGE 24 $355,000 N/A $355,000 1.5% N/A
BULIMBA 17 $540,000 8.4% $499,250 6.2% 37.9%
CALAMVALE * 11 $320,000 -9.9% $347,500 -0.6% 65.5%
CAMP HILL ~ 4 N/A N/A $375,000 -3.6% N/A
CARINA 12 $420,000 5.0% $422,000 6.8% 29.8%
CARINA HEIGHTS 7 N/A N/A $450,700 1.9% 61.0%
CARINDALE ~ * 8 N/A N/A $507,000 10.2% 95.0%
CARSELDINE 3 N/A N/A $360,000 4.3% 37.5%
CHERMSIDE ~ * 21 $380,000 -12.8% $407,048 4.4% 54.5%
CLAYFIELD 30 $362,750 -3.3% $367,000 3.4% 56.2%
COORPAROO ~ * 47 $370,000 -6.4% $380,000 11.8% 58.3%
CORINDA * f 6 N/A N/A $420,000 2.4% 72.5%
EAST BRISBANE * 9 N/A N/A $443,500 23.0% 70.6%
EIGHT MILE PLAINS 25 $385,000 2.4% $370,000 6.0% 64.4%
ELLEN GROVE * - N/A N/A $336,500 N/A N/A
ENOGGERA 3 N/A N/A $389,250 2.1% N/A
EVERTON PARK 7 N/A N/A $369,000 7.0% 51.1%
FORTITUDE VALLEY 30 $413,250 7.1% $404,000 2.0% 30.7%
GAYTHORNE * 7 N/A N/A $387,500 N/A 79.8%
GORDON PARK 3 N/A N/A $345,000 0.0% 46.8%
GREENSLOPES 21 $370,000 0.5% $368,000 3.1% 50.8%
HAMILTON ~ * 17 $560,000 -2.2% $510,000 22.9% 10.3%
HAWTHORNE 7 N/A N/A $421,250 2.1% 45.3%
HIGHGATE HILL ~ 10 $467,500 N/A $420,000 -4.5% 47.4%
INDOOROOPILLY ~ * 18 $472,500 0.1% $467,000 21.3% 45.9%
KANGAROO POINT ~ * f 35 $505,000 9.8% $480,000 15.7% 26.3%
KEDRON 6 N/A N/A $342,500 7.0% 52.2%
KELVIN GROVE 14 $414,000 4.8% $420,000 0.0% 20.3%
KURABY 3 N/A N/A $325,000 5.7% 63.3%
LUTWYCHE 4 N/A N/A $375,000 11.9% 47.1%
MOOROOKA * 39 $421,000 12.3% $414,000 28.7% 78.8%
MORNINGSIDE 35 $465,000 7.6% $440,000 4.9% 40.2%
MOUNT GRAVATT EAST 12 $408,500 N/A $369,000 6.6% 40.3%
NEW FARM ~ f * 53 $555,000 18.1% $510,000 17.9% 37.8%
NEWSTEAD ~ 36 $550,225 11.2% $540,000 2.6% 41.5%
NORMAN PARK ~ * f 6 N/A N/A $455,000 -2.8% 49.2%
NORTHGATE * 5 N/A N/A $390,000 -3.7% 72.6%
NUNDAH * 41 $405,000 -1.2% $390,000 -1.3% 67.0%
OXLEY * 1 N/A N/A $355,000 N/A 34.0%
PADDINGTON 11 $420,000 1.1% $447,750 3.6% 46.3%
RED HILL ~ * 5 N/A N/A $370,000 -4.5% 19.8%
RICHLANDS * 4 N/A N/A $327,000 N/A N/A
RUNCORN 15 $331,000 -2.2% $341,000 6.6% 55.0%
SHERWOOD * 8 N/A N/A $446,500 25.4% N/A
SOUTH BRISBANE 14 $425,000 2.7% $413,750 3.4% 18.2%
SPRING HILL 32 $382,500 4.1% $383,500 4.4% 59.1%
ST LUCIA ~ 14 $441,500 -3.3% $442,000 -0.4% 44.9%
STAFFORD * 7 N/A N/A $377,000 22.4% 63.9%
SUNNYBANK HILLS 9 N/A N/A $365,000 9.9% 66.7%
TAIGUM 11 $315,000 N/A $364,500 15.0% 64.6%
TARINGA 37 $420,000 5.0% $415,000 10.7% 51.5%
TENNYSON * f 3 N/A N/A $990,000 N/A N/A
TINGALPA 9 N/A N/A $356,500 13.5% 55.7%
TOOWONG ~ f * 28 $431,250 -4.2% $440,000 12.8% 53.2%
UPPER MOUNT GRAVATT * 10 $402,500 N/A $375,000 -6.3% 50.0%
WAVELL HEIGHTS 4 N/A N/A $460,000 10.2% N/A
WEST END * 19 $520,000 -1.9% $527,500 0.0% 19.3%
WILSTON 6 N/A N/A $468,000 N/A 64.2%
WINDSOR 2 N/A N/A $363,000 8.4% 41.9%
WISHART 6 N/A N/A $361,000 4.6% 40.7%
WOOLLOONGABBA ~ * 16 $402,500 17.2% $420,000 13.5% 35.0%
WOOLOOWIN ~ * 2 N/A N/A $375,000 19.0% 66.7%
WYNNUM 7 N/A N/A $375,000 4.5% 44.8%
WYNNUM WEST 7 N/A N/A $330,000 6.5% 55.7%
YEERONGPILLY 4 N/A N/A $436,250 N/A 58.6%
YERONGA ~ 11 $445,000 -4.3% $415,000 1.4% 50.9%
ZILLMERE 16 $372,500 6.4% $361,500 10.2% 68.1%
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 7
MARKETMONITORQ
UE
EN
SLA
ND
BRISBANE CITY
VACANT URBAN LAND 3 BEDROOM HOUSES
Suburbs/Localities
Jun Qtr 2010NewBonds
Jun Qtr 2009Rent ($)
NewBonds
Rent ($)Po
stco
de
MEDIAN WEEKLY RENTSSuburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
MEDIAN SALES DATA
3 BEDROOM HOUSES
Suburbs/Localities
Jun Qtr 2010NewBonds
Jun Qtr 2009Rent ($)
NewBonds
Rent ($)Po
stco
de
MEDIAN WEEKLY RENTS
BRISBANE (SD) 697 $209,900 -2.4% $212,000 0.7% 28.5%
BRISBANE (SD) ^ 103 $285,000 -1.4% $292,000 0.7% 33.6%
BRISBANE CITY (LGA) * 154 $299,500 -7.8% $289,000 2.2% 37.6%
BRISBANE CITY (LGA) ^ ~ 19 $488,000 N/A $488,000 -2.4% 0.8%
BANYO - N/A N/A $247,000 N/A N/A
BRIDGEMAN DOWNS * 1 N/A N/A $367,500 23.5% 33.3%
CALAMVALE * 10 $347,500 -0.7% $323,500 22.1% 36.5%
CARSELDINE * - N/A N/A $280,000 3.7% N/A
DOOLANDELLA * 4 N/A N/A $222,000 -3.1% N/A
DREWVALE - N/A N/A $260,000 N/A 40.5%
DURACK * 15 $203,000 -2.4% $212,500 -7.6% N/A
EIGHT MILE PLAINS * 3 N/A N/A $317,000 -3.9% 15.3%
FITZGIBBON * G 17 $224,950 N/A $219,950 N/A N/A
HEATHWOOD * 18 $223,935 N/A $235,000 -6.0% 61.0%
MOGGILL * 1 N/A N/A $256,250 8.0% 54.4%
OXLEY * 5 $259,500 N/A $245,000 -4.9% 20.7%
RICHLANDS * - N/A N/A $220,000 N/A N/A
SUNNYBANK * ~ 2 N/A N/A $438,000 N/A N/A
SUNNYBANK HILLS 3 N/A N/A $300,000 N/A 20.5%
WAKERLEY * 6 $415,000 1.2% $375,000 35.4% 50.0%
WYNNUM WEST - N/A N/A $269,000 0.4% N/A
BRISBANE CITY COUNCIL AREA 380 2,819 370 2,999
Bayside 375 141 360 142
4178 Lytton/ Wynnum/ Wynnum West 380 85 360 85
4179 Lota/ Manly/ Manly West 365 56 375 57
City Inner 460 232 460 268
4000 Brisbane City/ Spring Hill 495 26 492 29
4005 New Farm 530 15 485 17
4006 Bowen Hills/ Fortitude Valley/ Herston/ Newstead 495 14 525 28
4064 Milton/ Paddington 480 55 450 69
4066 Auchenflower/ Toowong 450 35 475 30
4067 St Lucia 460 7 400 13
4101 Highgate Hill/ South Brisbane/ West End 470 24 450 20
4102 Buranda/ Dutton Park/ Wooloongabba 380 26 420 24
4169 East Brisbane/ Kangaroo Point 450 30 450 38
North - Inner 400 285 390 330
4007 Ascot/ Hamilton 450 18 470 20
4010 Albion 430 10 375 10
4011 Clayfield/ Hendra 489 38 410 45
4012 Nundah/ Toombul/ Wavell Heights 385 74 365 68
4030 Lutwyche/ Windsor/ Wooloowin 400 47 390 47
4031 Gordon Park/ Kedron 380 35 380 51
4051 Alderley/ Enogerra/ Newmarket/ Wilston/ etc. 395 60 390 85
North - Outer 355 411 350 380
4013 Northgate 340 19 350 8
4014 Banyo/ Nudgee/ Virginia 375 43 350 40
4017 Bracken Ridge/ Brighton/ Deagon/ Sandgate/ etc. 350 112 340 98
4018 Fitzgibbon/ Taigum 350 19 355 21
4032 Chermside/ Chermside West 360 59 350 64
4034 Aspley/ Boondall/ Carseldine/ Geebung/ Zillmere 360 124 350 120
4036 Bald Hills 340 35 335 29
North West - Inner 450 100 425 100
4059 Kelvin Grove/ Red Hill 470 37 450 41
4060 Ashgrove 420 44 400 33
4065 Bardon 450 19 425 26
North West - Outer 365 225 360 244
4053 Everton Park/ McDowall/ Mitchelton/ Stafford/ etc. 365 158 350 157
4054 Arana Hills/ Keperra 350 37 360 47
4061 The Gap 390 30 380 40
South - Inner 380 323 380 341
4103 Annerley/ Fairfield 400 35 400 35
4104 Yeronga 395 11 400 25
4105 Moorooka/ Tennyson/ Yeerongpilly 370 45 380 45
4120 Greenslopes 400 27 390 31
4121 Holland Park/ Holland Park West/ Tarragindi 380 88 380 70
4122 Mansfield/ Mt Gravatt/ Wishart/ etc. 375 114 360 131
South - Outer 350 274 350 310
4106 Rocklea 310 14 350 7
4107 Salisbury 350 21 350 15
4108 Archerfield/ Coopers Plains 350 18 335 29
4109 Macgregor/ Robertson/ Sunnybank/ etc. 360 95 355 91
4110 Acacia Ridge/ Willawong 330 34 320 49
4112 Kuraby 345 9 330 13
4113 Eight Mile Plains/ Runcorn 360 51 350 64
4115 Algester/ Parkinson 360 19 350 21
4116 Calamvale/ Drewvale/ Stretton 370 13 360 21
South East - Inner 410 317 400 338
4151 Coorparoo 400 39 400 47
4152 Camp Hill/ Carina/ Carina Heights/ Carindale 410 110 390 140
4170 Cannon Hill/ Morningside/ Norman Park/ etc. 410 95 395 93
4171 Balmoral/ Bulimba/ Hawthorne 440 48 440 40
4172 Murarrie 365 25 380 18
South East - Outer 380 44 380 60
4153 Belmont 400 12 405 11
4154 Gumdale/ Ransome/ Wakerley 375 6 415 15
4173 Tingalpa 365 20 360 21
South West - Inner 380 108 380 115
4068 Chelmer/ Indooroopilly/ Taringa 400 45 425 51
4075 Corinda/ Graceville/ Oxley/ Sherwood 370 63 350 64
South West - Outer 340 359 330 371
4069 Brookfield/ Chapel Hill/ Fig Tree Pocket/ etc. 400 52 395 47
4070 Anstead/ Bellbowrie/ Moggill 365 9 350 12
4073 Seventeen Mile Rocks/ Sinnamon Park 380 20 380 21
4074 Jindalee/ Mt Ommaney/ Sumner/ Westlake/ etc. 370 65 350 57
4076 Darra/ Wacol 310 29 295 32
4077 Doolandella/ Durack/ Inala/ Richlands 300 65 280 74
4078 Ellen Grove/ Forest Lake 330 119 330 128
BRISBANE CITY COUNCIL AREA 360 3,697 350 3,774
Bayside 295 59 290 47
4178 Lytton/ Wynnum/ Wynnum West 300 37 290 34
4179 Lota/ Manly/ Manly West 290 22 300 13
City Inner 450 1,542 440 1,545
4000 Brisbane City/ Spring Hill 550 323 540 293
4005 New Farm 440 205 390 156
4006 Bowen Hills/ Fortitude Valley/ Herston/ Newstead 450 248 450 309
4064 Milton/ Paddington 360 49 350 52
4066 Auchenflower/ Toowong 360 182 350 189
4067 St Lucia 370 77 415 83
2 BEDROOM FLATS/UNITS
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 8
MARKETMONITORQ
UE
EN
SLA
ND
BRISBANE CITY
Suburbs/Localities
Jun Qtr 2010NewBonds
Jun Qtr 2009Rent ($)
NewBonds
Rent ($)Po
stco
de
MEDIAN WEEKLY RENTSSuburbs/Localities
Jun Qtr 2010NewBonds
Jun Qtr 2009Rent ($)
NewBonds
Rent ($)Po
stco
de
MEDIAN WEEKLY RENTS
2 BEDROOM FLATS/UNITS continued 3 BEDROOM TOWNHOUSES continued4101 Highgate Hill/ South Brisbane/ West End 450 246 460 248
4102 Buranda/ Dutton Park/ Wooloongabba 380 37 380 30
4169 East Brisbane/ Kangaroo Point 430 175 435 185
North - Inner 325 712 310 721
4007 Ascot/ Hamilton 345 105 325 121
4010 Albion 350 35 330 25
4011 Clayfield/ Hendra 320 132 320 134
4012 Nundah/ Toombul/ Wavell Heights 330 163 320 154
4030 Lutwyche/ Windsor/ Wooloowin 310 84 300 97
4031 Gordon Park/ Kedron 310 67 295 64
4051 Alderley/ Enogerra/ Newmarket/ Wilston/ etc. 320 126 300 126
North - Outer 320 220 310 189
4013 Northgate 280 29 300 20
4014 Banyo/ Nudgee/ Virginia 280 10 n.a. 3
4017 Bracken Ridge/ Brighton/ Deagon/ Sandgate/ etc. 245 15 270 20
4018 Fitzgibbon/ Taigum 310 7 300 9
4032 Chermside/ Chermside West 330 106 320 94
4034 Aspley/ Boondall/ Carseldine/ Geebung/ Zillmere 325 53 305 41
North West - Inner 340 86 335 94
4059 Kelvin Grove/ Red Hill 350 58 340 56
4060 Ashgrove 320 23 320 30
4065 Bardon 280 5 285 8
North West - Outer 300 57 320 53
4053 Everton Park/ McDowall/ Mitchelton/ Stafford/ etc. 310 53 320 53
South - Inner 320 365 310 426
4103 Annerley/ Fairfield 310 85 310 106
4104 Yeronga 325 29 310 31
4105 Moorooka/ Tennyson/ Yeerongpilly 320 52 290 55
4120 Greenslopes 315 86 310 94
4121 Holland Park/ Holland Park West/ Tarragindi 310 39 340 56
4122 Mansfield/ Mt Gravatt/ Wishart/ etc. 360 72 350 83
South - Outer 295 30 300 44
4109 Macgregor/ Robertson/ Sunnybank/ etc. 385 20 385 26
South East - Inner 340 340 330 375
4151 Coorparoo 330 137 320 144
4152 Camp Hill/ Carina/ Carina Heights/ Carindale 330 47 325 37
4170 Cannon Hill/ Morningside/ Norman Park/ etc. 360 79 340 98
4171 Balmoral/ Bulimba/ Hawthorne 360 77 360 95
South East - Outer 310 15 280 9
4173 Tingalpa 285 14 265 8
South West - Inner 340 257 350 235
4068 Chelmer/ Indooroopilly/ Taringa 340 217 360 205
4075 Corinda/ Graceville/ Oxley/ Sherwood 300 40 300 30
South West - Outer 265 14 172 36
4078 Ellen Grove/ Forest Lake 325 6 320 6
BRISBANE CITY COUNCIL AREA 380 1,232 375 1,083
Bayside 370 61 365 66
4178 Lytton/ Wynnum/ Wynnum West 370 35 360 33
4179 Lota/ Manly/ Manly West 380 26 370 33
City Inner 520 48 530 31
4005 New Farm 450 7 n.a. 2
4006 Bowen Hills/ Fortitude Valley/ Herston/ Newstead 460 6 550 5
4064 Milton/ Paddington 570 9 n.a. 4
4067 St Lucia 515 7 n.a. 3
4101 Highgate Hill/ South Brisbane/ West End 500 5 n.a. 2
North - Inner 435 100 430 82
4007 Ascot/ Hamilton 480 11 500 8
3 BEDROOM TOWNHOUSES
4011 Clayfield/ Hendra 500 13 530 7
4012 Nundah/ Toombul/ Wavell Heights 440 17 400 8
4030 Lutwyche/ Windsor/ Wooloowin 420 11 430 13
4031 Gordon Park/ Kedron 420 22 440 19
4051 Alderley/ Enogerra/ Newmarket/ Wilston/ etc. 415 26 400 27
North - Outer 365 138 360 109
4013 Northgate 440 5 350 5
4017 Bracken Ridge/ Brighton/ Deagon/ Sandgate/ etc. 360 57 350 40
4018 Fitzgibbon/ Taigum 360 5 340 11
4032 Chermside/ Chermside West 420 28 400 26
4034 Aspley/ Boondall/ Carseldine/ Geebung/ Zillmere 370 42 360 27
North West - Inner 440 13 400 7
4059 Kelvin Grove/ Red Hill 440 5 n.a. 2
North West - Outer 395 37 360 55
4053 Everton Park/ McDowall/ Mitchelton/ Stafford/ etc. 395 29 360 45
4054 Arana Hills/ Keperra 345 5 340 6
South - Inner 400 125 380 94
4103 Annerley/ Fairfield 410 13 425 12
4104 Yeronga 420 11 400 7
4105 Moorooka/ Tennyson/ Yeerongpilly 390 11 375 7
4120 Greenslopes 425 12 460 6
4121 Holland Park/ Holland Park West/ Tarragindi 400 11 385 6
4122 Mansfield/ Mt Gravatt/ Wishart/ etc. 390 67 380 56
South - Outer 365 338 360 365
4107 Salisbury 455 5 445 6
4109 Macgregor/ Robertson/ Sunnybank/ etc. 380 56 380 52
4110 Acacia Ridge/ Willawong 315 5 320 12
4112 Kuraby 360 17 350 24
4113 Eight Mile Plains/ Runcorn 380 137 380 142
4115 Algester/ Parkinson 350 39 340 42
4116 Calamvale/ Drewvale/ Stretton 360 79 360 87
South East - Inner 420 198 390 143
4151 Coorparoo 450 16 400 11
4152 Camp Hill/ Carina/ Carina Heights/ Carindale 400 95 390 79
4170 Cannon Hill/ Morningside/ Norman Park/ etc. 435 60 415 29
4171 Balmoral/ Bulimba/ Hawthorne 500 21 440 14
4172 Murarrie 430 6 415 10
South East - Outer 380 44 375 54
4153 Belmont 405 10 395 11
4154 Gumdale/ Ransome/ Wakerley 385 16 375 22
4173 Tingalpa 370 17 360 21
South West - Inner 395 48 425 22
4068 Chelmer/ Indooroopilly/ Taringa 495 11 520 7
4075 Corinda/ Graceville/ Oxley/ Sherwood 380 37 385 15
South West - Outer 350 82 380 55
4073 Seventeen Mile Rocks/ Sinnamon Park 400 13 390 19
4074 Jindalee/ Mt Ommaney/ Sumner/ Westlake/ etc. 360 13 385 21
4077 Doolandella/ Durack/ Inala/ Richlands 340 39 n.a. 4
4078 Ellen Grove/ Forest Lake 340 13 n.a. 3
www.reiq.com.auIssue 7 - June Quarter 2010 page 9
MARKETMONITORQ
UE
EN
SLA
ND
BRISBANE SURROUNDS
9
BRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALES ROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+
141141141141
881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10
127127127127
863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10
BRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+
775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10
839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10
INCLUDESINCLUDESINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALESGOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+
2020
417 364 54JUN 10 144 41 9JUN 10 159 198 55JUN 10417 364 54JUN 10 144 41JUN 10 159 198 55JUN 10
1616
434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10
SUNSHINE COAST HOUSE SALES CAIRNS HOUSE SALESGLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+
46 40
348 226JUN 10 139 118 43JUN 1064 109 25JUN 10
50 41MAR 10 120 158 40MAR 10MAR 10396 290 52 77 19
127
141
863
881
1259
1373
120
141
MAR 10
JUN 10
BRISBANE CITY HOUSE SALES<$350,000 <$500,000 <$1m $1m+
839
775
1147
1111
454
424
13
14
MAR 10
JUN 10
BRISBANE SURROUNDS' HOUSE SALES
<$350,000 <$500,000 <$1m $1m+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
16
20
434
417
422
364
58
54
MAR 10
JUN 10
GOLD COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
50
46
396
348
290
226
41
40
MAR 10
JUN 10
SUNSHINE COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
166
144
60
41
12
9
MAR 10
JUN 10
BUNDABERG HOUSE SALES<$350,000 <$500,000 $500,000+
120
139
158
118
40
43
MAR 10
JUN 10
CAIRNS HOUSE SALES<$350,000 <$500,000 $500,000+
193
182
80
48
10
15
MAR 10
JUN 10
FRASER COAST HOUSESALES<$350,000 <$500,000 $500,000+
52
64
77
109
19
25
MAR 10
JUN 10
GLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+
171
159
207
198
51
55
MAR 10
JUN 10
TOWNSVILLE HOUSE SALES<$350,000 <$500,000 $500,000+
62
70
183
150
46
51
MAR 10
JUN 10
MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+
164
128
72
62
29
25
MAR 10
JUN 10
ROCKHAMPTON HOUSE SALES<$350,000 <$500,000 $500,000+
274
272
101
88
33
13
MAR 10
JUN 10
TOOWOOMBA HOUSE SALES<$350,000 <$500,000 $500,000+
6
45
1
2
2 5
8
8
9
6
8
6
45
1
2
5
4
1
3
2 5
8
8
9
6
8
6
45
1
2
BRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
44444444
254 684 282 47JUN 10 16 12 10 4JUN 1047 22 5 2JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10
50505050
255 645 242 30MAR 10 10 21 12 6MAR 1043 21 10 1MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10
BRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+
102 224 110 45JUN 10 32 24 10 8JUN 10 14 12 9 8JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10
104 240 101 55MAR 10 13 15 2 5MAR 10 14 28 8 6MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALESGOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+
123 428 405 258 46JUN 10 28 14 4 3JUN 10 23 38 19 12JUN 10123 428 405 258 46JUN 10 28 14JUN 10 23 38 19 12JUN 10
99 415 407 278 91MAR 10 16 19 5 1MAR 10 26 59 30 14MAR 1099 415 407 278 91MAR 10 16 19MAR 10 26 59 30 14MAR 10
SUNSHINE COAST UNIT SALES CAIRNS UNIT SALESGLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
45 139 146 87 19JUN 10 80 69 30 25JUN 109 9 14 5JUN 10
44 163 145 100 23MAR 10 124 64 31 14MAR 1010 11 12 3MAR 10
50
44
255
254
645
684
242
282
30
47
MAR 10
JUN 10
BRISBANE CITY UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
104
102
240
224
101
110
55
45
MAR 10
JUN 10
BRISBANE SURROUNDS' UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
99
123
415
428
407
405
278
258
91
46
MAR 10
JUN 10
GOLD COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
44
45
163
139
145
146
100
87
23
19
MAR 10
JUN 10
SUNSHINE COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
16
28
19
14
5
4
1
3
MAR 10
JUN 10
BUNDABERG UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
124
80
64
69
31
30
14
25
MAR 10
JUN 10
CAIRNS UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
13
32
15
24
2
10
5
8
MAR 10
JUN 10
FRASER COAST UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
9
11
9
12
14
3
5
MAR 10
JUN 10
GLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
26
23
59
38
30
19
14
12
MAR 10
JUN 10
TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
14
14
28
12
8
9
6
8
MAR 10
JUN 10
MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
16
21
12
12
10
6
4
MAR 10
JUN 10
ROCKHAMPTON UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
43
47
21
22
10
5
1
2
MAR 10
JUN 10
TOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
3
4
2
0
3
7
2
2
8
3
7
3
2
1
5
2
0
4
3
4
2
0
3
7
2
2
8
3
5
8
4
4
1
0
BUNDABERG LAND SALES
7
3
2
1
3
5
5
2
0
4
3
4
2
0
3
7
2
2
BRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALES ROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+
54 49 36 15JUN 10 67 4 0JUN 1054 7 2JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 10
26 55 47 12MAR 10 57 3 2MAR 1067 3 2MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 10
BRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
417 96 27 3JUN 10 57 3 1JUN 10 81 2 4JUN 10417 96 27JUN 10 57JUN 10 81JUN 10417 96 27JUN 10 57JUN 10 81JUN 10
418 106 17 8MAR 10 61 7 2MAR 10 80 5 0MAR 10418 106 17MAR 10 61MAR 10 80MAR 10418 106 17MAR 10 61MAR 10 80MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST LAND SALES BUNDABERG LAND SALES TOWNSVILLE LAND SALESGOLD COAST LAND SALES TOWNSVILLE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
83 41 8 14JUN 10 44 4 0JUN 10 58 12 5JUN 1083 41 14JUN 10 44JUN 10 58 12JUN 10
67 38 5 14MAR 10 52 4 1MAR 10 62 11 3MAR 1067 38 14MAR 10 52MAR 10 62 11MAR 10
SUNSHINE COAST LAND SALES CAIRNS LAND SALESGLADSTONE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+
gold coast sunshine coast<$250,000 <$350,000 $350,000+
JUN 09 273 96 9 16 JUN 09 176 99 18 19 SEP 09 159 75 12 25 SEP 09 112 79 26 15 DEC 09JUN 10 5 1222 6047 815 11 5 DEC 09 JU 91N 10 68 28 14 56 8 3JUN 1081 1 3
66 61 13 15MAR 10 58 10 5MAR 1032 6 2MAR 10
26
54
55
49
47
36
12
15
MAR 10
JUN 10
BRISBANE CITY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
418
417
106
96
17
27
8
3
MAR 10
JUN 10
BRISBANE SURROUNDS' LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
67
83
38
41
5
8
14
14
MAR 10
JUN 10
GOLD COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
66
52
61
47
13
15
15
11
MAR 10
JUN 10
SUNSHINE COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
52
44
4
4
1
0
MAR 10
JUN 10
BUNDABERG LAND SALES<$250,000 <$350,000 $350,000+
58
56
10
8
5
3
MAR 10
JUN 10
CAIRNS LAND SALES<$250,000 <$350,000 $350,000+
61
57
7
3
2
1
MAR 10
JUN 10
FRASER COAST LAND SALES<$250,000 <$350,000 $350,000+
32
81
6
1
2
3
MAR 10
JUN 10
GLADSTONE LAND SALES<$250,000 <$350,000 $350,000+
62
58
11
12
3
5
MAR 10
JUN 10
TOWNSVILLE LAND SALES<$250,000 <$350,000 $350,000+
80
81
5
2
0
4
MAR 10
JUN 10
MACKAY LAND SALES<$250,000 <$350,000 $350,000+
57
67
3
4
2
0
MAR 10
JUN 10
ROCKHAMPTON LAND SALES<$250,000 <$350,000 $350,000+
67
54
3
7
2
2
MAR 10
JUN 10
TOOWOOMBA LAND SALES<$250,000 <$350,000 $350,000+
Median house and unit prices Brisbane’s surrounds – which includes Logan City, Ipswich, Redland and Moreton Bay – experienced steady results during the June quarter.
Redland City and Logan City both posted a slight decrease to the median house price by 1.1 per cent to $468,500 and 1.4 per cent to $365,000 respectively. This is on the back of a 7.5 per cent and 5.9 per cent increase over the year ending June.
While its median house price had the biggest increase at 1.6 per cent to $325,000, Ipswich City’s preliminary sales numbers were down slightly over the quarter and the year ending June.
The Moreton Bay local government area also posted an increase to its median house price by 1.2 per cent to $407,000. Moreton Bay continues to be a popular choice among buyers with its preliminary sales numbers at 988 – making up approximately 40 per cent of all sales for Brisbane surrounds.
In the Moreton Bay LGA, Arana Hills managed a 10.5 per cent gain for a median house price of $472,000; as well as Morayfield by 17.4 per cent to $$587,000 whose median was affected by a varying quality of stock.
The Greater Brisbane unit and townhouse market fared well for the quarter with each region, aside from Redland City, posting positive growth to its median price.
Moreton Bay posted 1.5 per cent price growth to $330,000 and Logan City increased 2.1 per cent to $265,000. Ipswich City posted 5.6 per cent growth to $246,000; however, it seems the median was only clawing back lost ground from the previous year. It was also helped along by some new unit sales throughout the Ipswich region.
Bongaree and Redcliffe, in the Moreton Bay region were the best performing suburbs across Great Brisbane with an 18 per cent to $380,000 and 8.2 per cent to $386,700. Bongaree was the only suburb to post double-figure growth for the quarter. The growth in both suburbs was partly attributable to the sale of new units with water-views.
Vacant land pricesNot experiencing the same growth as houses or units and townhouses, land figures across most regions in Greater Brisbane all posted decreases to their median prices; all except Logan City which recorded a 2.8 per cent increase to $219,950.
All regions, however, recorded an increase in preliminary sales numbers over the year.
While the June quarter median for the Redland LGA decreased by 70 per cent, this is not reflective of the region in its entirety as median sales data was affected by varying numbers of sales on the bay islands compared to sales in new premium residential subdivisions on the mainland.
Moreton Bay and Ipswich City both had declining medians over the June quarter with a 1.0 per cent and 0.8 per cent drop to $204,500 and $176,600.
Median rentsThe median rent for a three-bedroom house in Moreton Bay increased $20 per week to $320 over the year, rent for this housing type has also increased $10 per week in Logan City to $320. Ipswich City also posted an increase to $275 jumping up $5 per week; continuing the trend, Redland City also increased its weekly rent by $10 a week to $360.
The median rent for a two-bedroom unit rose by $10 per week to $240 in Ipswich City compared to June 2009 and by $10 in Redland City to $310 per week. The weekly rent remained steady in Moreton Bay and Logan City at $260 and $240 per week, respectively.
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 10
MARKETMONITORQ
UE
EN
SLA
ND
BRISBANE SURROUNDS
HOUSES continuedHOUSES
Suburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
Suburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
MEDIAN SALES DATA MEDIAN SALES DATA
IPSWICH CITY (LGA) 412 $325,000 1.6% $323,000 4.2% 51.5%
IPSWICH CITY (LGA) ^ ~ 41 $468,000 -4.5% $490,000 11.4% 38.0%
AUGUSTINE HEIGHTS * 5 N/A N/A $550,000 0.5% N/A
BELLBIRD PARK ~ 11 $291,000 -16.3% $330,000 -0.9% 65.0%
BLACKSTONE 2 N/A N/A $355,000 N/A N/A
BOOVAL 13 $300,000 N/A $307,000 13.7% 55.4%
BRASSALL 28 $342,500 -2.1% $340,000 2.9% 43.5%
BROOKWATER + * 3 N/A N/A $655,000 N/A N/A
BUNDAMBA ~ 9 $299,000 7.2% $279,001 -0.9% 39.8%
CAMIRA 19 $385,000 8.5% $360,000 6.7% 52.5%
CHURCHILL 4 N/A N/A $267,000 1.7% 37.6%
COALFALLS 3 N/A N/A $299,000 N/A N/A
COLLINGWOOD PARK ~ 17 $315,000 0.0% $323,000 -1.4% 29.7%
EAST IPSWICH 7 $280,000 5.7% $285,000 3.6% 50.8%
EASTERN HEIGHTS ~ 15 $260,000 -17.1% $283,000 5.2% 42.6%
FLINDERS VIEW * 19 $397,500 11.7% $390,000 0.6% 56.0%
GOODNA 18 $319,000 2.2% $300,750 1.8% 60.4%
IPSWICH ~ 2 N/A N/A $348,000 20.0% 56.4%
KARALEE ^ 9 $515,000 3.5% $525,000 10.5% 43.2%
LEICHHARDT ~ 9 $245,000 -5.8% $250,000 2.0% 49.3%
NEWTOWN 10 $347,500 -0.4% $345,000 7.3% 58.6%
NORTH BOOVAL 11 $270,000 1.9% $284,250 4.9% 56.6%
NORTH IPSWICH 15 $279,000 -3.0% $293,200 2.9% 54.3%
ONE MILE ~ 5 N/A N/A $245,000 -3.9% 47.1%
RACEVIEW 14 $335,500 1.7% $327,000 7.2% 52.8%
REDBANK PLAINS 34 $307,500 -0.8% $310,000 0.3% 56.6%
RIVERVIEW ~ 4 N/A N/A $255,000 -5.6% 61.4%
ROSEWOOD 5 N/A N/A $260,000 3.6% 34.0%
SADLIERS CROSSING 5 N/A N/A $320,500 N/A 66.1%
SILKSTONE 15 $299,000 8.9% $280,650 2.1% 39.6%
SPRINGFIELD ~ 23 $410,000 8.8% $372,000 -0.8% 27.5%
SPRINGFIELD LAKES * 45 $415,000 7.2% $400,000 1.9% 33.5%
TIVOLI ~ 2 N/A N/A $260,000 -1.9% 47.5%
YAMANTO 14 $350,000 0.7% $360,000 7.5% 35.8%
LOGAN CITY (LGA) 546 $365,000 -1.4% $360,000 5.9% 53.2%
LOGAN CITY (LGA) ^ 115 $525,000 -3.6% $520,000 4.2% 38.7%
BAHRS SCRUB 3 N/A N/A $399,403 N/A N/A
BEENLEIGH 18 $347,500 8.4% $330,000 1.4% 43.5%
BERRINBA 15 $398,900 -4.7% $398,900 8.4% N/A
BETHANIA 10 $307,000 -4.1% $320,000 4.9% 44.8%
BORONIA HEIGHTS 14 $313,500 -1.4% $318,500 2.7% 46.8%
BROWNS PLAINS 13 $315,000 -4.5% $329,000 4.4% 51.3%
BUCCAN ^ 4 N/A N/A $515,000 -6.1% 17.6%
CEDAR GROVE ^ ~ 4 N/A N/A $425,000 10.0% 42.6%
CEDAR VALE ^ 4 N/A N/A $426,500 2.3% 37.6%
CORNUBIA ~ 11 $510,000 12.1% $457,500 1.7% 33.2%
CRESTMEAD 30 $310,000 0.3% $315,000 5.7% 57.1%
DAISY HILL ~ * 19 $407,000 -19.4% $415,000 7.8% 44.3%
EAGLEBY ~ 16 $285,500 -8.6% $292,500 2.6% 58.1%
EDENS LANDING ~ 16 $341,000 -7.8% $351,250 -2.2% 35.6%
FORESTDALE ^ ~ 4 N/A N/A $655,000 12.7% 40.9%
GREENBANK ^ ~ 19 $519,000 -7.7% $533,750 4.5% 40.5%
HERITAGE PARK ~ 14 $435,500 -7.5% $431,500 12.2% 37.0%
HILLCREST 12 $345,000 2.2% $340,000 3.0% 47.8%
JIMBOOMBA ^ ~ 18 $482,500 -11.9% $476,500 5.9% 42.2%
JIMBOOMBA ~ 8 $390,500 -13.2% $373,500 -5.4% 57.9%
KINGSTON 20 $287,500 4.5% $287,250 3.9% 60.5%
LOGAN CENTRAL 17 $275,000 -0.7% $277,000 1.8% 56.1%
LOGAN VILLAGE ^ ~ 10 $497,500 -12.3% $520,000 8.6% 33.3%
LOGANHOLME 13 $375,000 0.8% $375,000 7.8% 44.2%
LOGANLEA 8 $338,500 2.6% $320,000 6.7% 54.6%
MARSDEN 23 $320,000 -4.0% $320,000 3.1% 50.2%
MEADOWBROOK 5 N/A N/A $403,000 6.6% 36.6%
MOUNT WARREN PARK 18 $383,000 4.9% $373,750 9.1% 42.4%
MUNDOOLUN ^ ~ 6 $520,000 N/A $491,000 0.2% N/A
MUNRUBEN ^ ~ 5 $510,000 -5.6% $520,000 1.0% 38.7%
NEW BEITH ^ 7 $530,000 -3.5% $530,000 1.0% 55.9%
PARK RIDGE ^ ~ 1 N/A N/A $1,000,000 N/A 107.3%
PARK RIDGE SOUTH ^ 6 $560,438 N/A N/A N/A N/A
REGENTS PARK 33 $354,500 -3.8% $360,500 1.8% 44.2%
ROCHEDALE SOUTH 45 $420,000 -0.6% $419,500 9.0% 50.9%
SHAILER PARK 28 $452,500 -3.2% $475,000 8.8% 36.7%
SLACKS CREEK ~ 24 $297,500 -3.1% $295,000 -4.6% 37.2%
SPRINGWOOD ~ 25 $415,000 -6.6% $424,000 6.3% 41.8%
TANAH MERAH ~ 14 $375,000 -18.5% $400,000 2.6% 40.8%
UNDERWOOD ~ 15 $465,000 2.2% $450,000 16.3% 54.6%
WATERFORD 11 $388,000 2.1% $402,500 4.5% N/A
WATERFORD WEST ~ 9 $312,500 -19.9% $329,000 4.8% 56.7%
WINDAROO + * 8 $419,500 -6.3% $443,000 5.5% 42.4%
WOODRIDGE 25 $271,200 2.7% $270,000 3.8% 54.3%
MORETON BAY (LGA) 988 $407,000 1.2% $399,000 7.3% 40.0%
MORETON BAY (LGA) ^ 117 $577,000 -8.4% $580,000 3.6% 33.3%
ALBANY CREEK 53 $520,000 -5.9% $505,000 7.4% 38.8%
ARANA HILLS 25 $472,000 10.5% $442,000 1.6% 37.3%
BANKSIA BEACH * 19 $469,000 -2.0% $475,000 1.3% 15.9%
BEACHMERE 10 $342,500 -2.7% $360,000 5.9% 41.3%
BELLARA ~ 9 $315,000 -10.0% $341,500 6.1% 17.8%
BELLMERE ~ * 11 $350,000 -5.7% $367,150 6.1% 37.5%
BONGAREE 24 $411,000 5.1% $399,500 6.5% 14.1%
BRAY PARK ~ 34 $362,500 -5.0% $375,000 5.6% 47.1%
BURPENGARY 31 $382,000 -3.3% $370,000 2.3% 42.3%
BURPENGARY ^ ~ 18 $523,000 -9.8% $536,000 4.9% 30.7%
CABOOLTURE 35 $325,000 2.0% $317,000 5.7% 43.8%
CABOOLTURE ^ 3 N/A N/A $480,000 6.4% 26.3%
CABOOLTURE SOUTH ~ 15 $255,000 -19.0% $295,500 6.3% 40.7%
CASHMERE ^ 3 N/A N/A $700,000 6.1% 40.0%
CASHMERE ~ 16 $498,000 -20.3% $536,500 -5.0% 33.0%
CLONTARF 27 $355,000 0.0% $365,000 4.3% 35.2%
DECEPTION BAY 44 $316,500 -1.9% $321,000 0.9% 40.8%
EATONS HILL ^ 7 $710,000 N/A $700,000 N/A N/A
EATONS HILL ~ 29 $517,000 -5.6% $522,500 3.5% 30.6%
ELIMBAH ^ 9 $512,000 N/A $511,000 2.2% 28.2%
EVERTON HILLS 14 $462,500 -2.1% $460,000 9.1% 48.4%
FERNY HILLS ~ 22 $447,500 -5.5% $445,000 4.5% 44.9%
GRIFFIN * 18 $396,500 -11.7% $410,000 5.9% 33.7%
HIGHVALE ^ 7 $727,000 N/A $756,000 N/A 27.7%
JOYNER ~ 7 $500,000 N/A $445,000 -1.1% N/A
KALLANGUR * 50 $349,500 -6.2% $360,000 5.0% 43.1%
KIPPA-RING 22 $370,750 1.0% $375,000 5.9% 36.9%
LAWNTON ~ 17 $340,000 -10.5% $346,000 2.7% 45.4%
MANGO HILL 8 $449,500 -2.7% $456,500 7.7% 35.2%
MARGATE ~ 19 $392,500 -5.4% $380,000 10.6% 36.2%
MORAYFIELD 25 $330,000 -2.7% $338,000 2.4% 36.4%
MORAYFIELD ^ ~ 13 $587,000 17.4% $566,250 6.3% 41.6%
MURRUMBA DOWNS 38 $437,500 -4.8% $444,500 8.7% 38.9%
NARANGBA ^ 3 N/A N/A $600,000 N/A 48.1%
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 11
MARKETMONITORQ
UE
EN
SLA
ND
BRISBANE SURROUNDS
Suburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
Suburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
UNITS & TOWNHOUSES
VACANT URBAN LAND
MEDIAN SALES DATA MEDIAN SALES DATA
HOUSES continued UNITS & TOWNHOUSES continuedNARANGBA ~ * 61 $433,000 -5.4% $440,000 8.2% 37.5%
NEWPORT ~ f 9 $850,000 N/A $776,250 -2.9% N/A
NINGI ^ ~ 5 $480,000 -7.7% $492,750 3.5% N/A
NINGI ~ * 3 N/A N/A $296,000 -18.9% N/A
NORTH LAKES 66 $473,750 -1.3% $445,000 0.0% N/A
PETRIE 19 $387,000 0.2% $387,500 6.2% 47.5%
REDCLIFFE 29 $375,000 -2.0% $372,500 6.7% 39.0%
ROTHWELL 17 $380,000 -1.0% $380,000 0.0% 15.9%
SAMFORD VALLEY ^ 7 $975,000 N/A $815,000 4.9% 34.5%
SANDSTONE POINT 15 $415,000 5.1% $405,000 5.2% 22.1%
SCARBOROUGH ~ f 22 $470,000 6.8% $477,000 15.8% 29.6%
STRATHPINE 28 $363,750 2.3% $353,000 5.4% 44.1%
UPPER CABOOLTURE 3 N/A N/A $342,500 0.7% 19.9%
UPPER CABOOLTURE ^ 1 N/A N/A $547,250 N/A 45.9%
WAMURAN ^ 3 N/A N/A $535,000 4.4% 39.9%
WARNER 38 $483,500 2.0% $468,500 5.3% 35.8%
WARNER ^ 5 $725,000 N/A N/A N/A N/A
WOODY POINT 17 $399,000 1.1% $394,500 9.7% 38.4%
WOORIM 8 $423,750 N/A $416,750 2.3% N/A
REDLAND CITY (LGA) 378 $468,500 -1.1% $467,500 7.5% 37.5%
REDLAND CITY (LGA) ^ ~ 20 $814,500 9.3% $789,500 -4.9% 26.8%
ALEXANDRA HILLS 62 $420,000 3.7% $415,500 7.1% 43.3%
BIRKDALE ~ 28 $460,500 -6.0% $480,000 9.1% 39.1%
CAPALABA 33 $420,000 1.0% $409,000 0.6% 38.6%
CAPALABA ^ ~ 7 $845,000 13.4% $832,500 11.4% 38.8%
CLEVELAND ~ 33 $540,000 13.1% $525,500 6.2% 28.2%
MACLEAY ISLAND ~ f 13 $280,000 33.3% $250,000 -3.1% 35.1%
MOUNT COTTON * 10 $509,000 11.1% $460,900 2.7% 48.7%
ORMISTON f 13 $625,000 5.9% $620,000 11.7% 34.8%
REDLAND BAY 35 $510,000 1.5% $485,000 1.4% 32.1%
RUSSELL ISLAND ~ f 12 $220,000 -20.0% $236,000 2.6% 43.9%
THORNESIDE ~ f 9 $495,000 -14.7% $485,000 23.6% 61.3%
THORNLANDS 44 $570,500 9.4% $552,000 8.2% 32.7%
THORNLANDS ^ 7 $1,075,000 N/A $940,000 N/A 34.3%
VICTORIA POINT ~ 41 $470,000 -5.8% $482,500 8.4% 29.6%
WELLINGTON POINT ~ 38 $534,085 -6.4% $533,170 8.3% 27.3%
IPSWICH CITY (LGA) ² - * 37 $246,000 5.6% $250,000 -3.5% 61.3%
REDBANK PLAINS * 3 N/A N/A $295,000 21.6% 116.1%
LOGAN CITY (LGA)* 154 $265,000 2.1% $280,000 12.1% 85.7%
BEENLEIGH * 12 $226,500 -3.7% $228,500 -3.2% 79.9%
BROWNS PLAINS 7 $275,000 N/A N/A N/A N/A
EAGLEBY * 22 $247,450 N/A $295,400 11.5% 125.3%
EDENS LANDING * 3 N/A N/A $265,000 12.8% 66.1%
KINGSTON * 3 N/A N/A $300,000 23.1% 136.2%
LOGAN CENTRAL 4 N/A N/A $193,750 6.7% 55.0%
MARSDEN * 4 N/A N/A $355,000 N/A N/A
MEADOWBROOK * 6 N/A N/A $332,830 N/A 24.7%
MOUNT WARREN PARK - * 3 N/A N/A $260,000 23.8% 84.1%
ROCHEDALE SOUTH 4 N/A N/A $292,000 8.1% 65.4%
SHAILER PARK 14 $317,500 N/A $305,750 9.2% 69.9%
SLACKS CREEK 6 N/A N/A $240,000 2.6% 54.8%
SPRINGWOOD 15 $282,500 N/A $287,500 7.7% 64.3%
WATERFORD WEST * - N/A N/A $234,000 7.8% 73.3%
WOODRIDGE * 18 $211,000 -5.8% $219,500 8.1% 82.9%
MORETON BAY (LGA) 213 $330,000 1.5% $335,000 9.8% 42.6%
ARANA HILLS 5 N/A N/A $370,500 9.0% N/A
REDCLIFFE * f 20 $386,700 8.2% $366,000 12.2% 26.0%
BONGAREE * f 19 $380,000 18.0% $340,000 14.3% 35.7%
DECEPTION BAY * 19 $260,000 N/A $266,000 2.7% 13.2%
BRENDALE 16 $300,500 5.8% $298,750 7.1% 56.2%
WOODY POINT ~ * f 16 $467,500 -16.5% $428,500 22.4% 78.5%
KIPPA-RING * 15 $285,000 -15.7% $333,000 0.9% 43.2%
MURRUMBA DOWNS * 14 $348,500 N/A $349,000 N/A 46.6%
CABOOLTURE * 10 $259,250 21.3% $246,500 -13.4% 89.6%
SCARBOROUGH f 10 $456,000 4.8% $450,000 18.9% 17.0%
KALLANGUR * 7 $310,000 -6.9% $335,000 2.1% 44.1%
BURPENGARY 6 N/A N/A $305,000 9.3% 45.2%
MARGATE * 6 N/A N/A $372,500 19.4% 65.6%
ROTHWELL 6 N/A N/A $327,500 3.3% N/A
LAWNTON 5 N/A N/A $263,500 7.6% 54.8%
MORAYFIELD ~ 5 N/A N/A $228,000 -12.1% 40.3%
BELLARA 3 N/A N/A $310,000 N/A 12.5%
CLONTARF * 3 N/A N/A $349,950 5.2% 63.9%
STRATHPINE 3 N/A N/A $290,000 6.4% 43.6%
REDLAND CITY (LGA)* 76 $347,500 -0.7% $362,500 11.5% 48.0%
BIRKDALE 2 N/A N/A $361,250 9.0% N/A
CAPALABA ~ * 13 $296,000 -4.1% $298,500 -1.3% 42.8%
CLEVELAND * f 33 $382,000 0.5% $397,500 10.6% 39.2%
ORMISTON 4 N/A N/A $350,000 6.7% 36.7%
POINT LOOKOUT 1 N/A N/A $410,000 N/A 42.6%
THORNESIDE 7 $295,000 N/A $310,000 0.0% 51.2%
VICTORIA POINT * 7 $365,000 -6.9% $352,500 N/A 60.2%
IPSWICH CITY (LGA) 130 $176,600 -0.8% $176,975 4.1% 31.1%
IPSWICH CITY (LGA) ^ ~ 9 N/A N/A $255,250 1.5% 50.1%
AUGUSTINE HEIGHTS * 6 $252,000 7.5% $226,000 2.3% N/A
BRASSALL * 26 $184,350 -2.5% $183,475 4.8% 28.3%
BROOKWATER + * ~ 6 $271,500 -7.8% $297,000 -3.1% 29.1%
BUNDAMBA * - N/A N/A $167,500 N/A N/A
CHUWAR 2 N/A N/A $199,000 N/A N/A
COLLINGWOOD PARK * 1 N/A N/A $155,000 -4.2% 12.0%
GOODNA 3 N/A N/A $170,000 N/A 21.4%
KARALEE ^ * 2 N/A N/A $263,250 N/A 30.3%
LEICHHARDT * G 8 $152,925 N/A N/A N/A N/A
NORTH BOOVAL * 4 N/A N/A $187,000 11.0% N/A
RACEVIEW * 3 N/A N/A $174,000 3.7% 34.9%
REDBANK PLAINS 10 $176,150 2.4% $172,000 1.8% 21.1%
SPRINGFIELD LAKES * 42 $169,000 0.0% $173,700 5.3% 49.7%
WULKURAKA 3 N/A N/A $187,000 N/A N/A
LOGAN CITY (LGA) 98 $219,950 2.8% $211,400 5.7% 42.6%
LOGAN CITY (LGA) ^ * 32 $258,750 21.8% $250,000 4.2% 52.4%
BAHRS SCRUB * 9 $239,000 0.0% $239,000 N/A N/A
DAISY HILL * 7 $425,000 N/A $350,000 N/A N/A
GREENBANK ^ * 8 $264,500 N/A $258,250 10.4% 61.4%
HILLCREST * 4 N/A N/A $213,000 N/A N/A
HOLMVIEW 9 $214,900 1.9% $212,400 1.2% N/A
JIMBOOMBA * 1 N/A N/A $183,250 -7.7% 48.7%
JIMBOOMBA ^ * 8 $235,000 N/A $215,000 N/A 40.5%
LOGANLEA 5 $191,000 N/A $194,000 N/A N/A
MARSDEN * 16 $200,000 0.8% $193,700 N/A 33.6%
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 12
MARKETMONITORQ
UE
EN
SLA
ND
BRISBANE SURROUNDS
VACANT URBAN LAND continued 3 BEDROOM HOUSES
Suburbs/Localities
Jun Qtr 2010NewBonds
Jun Qtr 2009Rent ($)
NewBonds
Rent ($)Po
stco
de
MEDIAN WEEKLY RENTSSuburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
MEDIAN SALES DATA
NEW BEITH ^ * 1 N/A N/A $252,000 4.5% 52.3%
UNDERWOOD * 14 $341,500 3.5% $340,000 5.3% 60.0%
WATERFORD * 18 $202,500 20.5% $180,000 5.0% 33.3%
MORETON BAY (LGA) 211 $204,500 -1.0% $201,250 -3.9% 19.8%
MORETON BAY (LGA) ^ ~ * 42 $314,500 -22.3% $349,000 -6.9% 24.6%
BANKSIA BEACH + * f 3 N/A N/A $414,000 -11.9% -24.7%
BEACHMERE * 1 N/A N/A $198,000 N/A N/A
BELLMERE * 4 N/A N/A $195,000 0.9% N/A
BUNYA ^ * 1 N/A N/A $462,500 N/A N/A
BURPENGARY 10 $234,000 N/A $230,000 10.1% N/A
CABOOLTURE * 44 $197,250 1.2% $195,000 4.8% 27.5%
CASHMERE * 5 $320,000 N/A $295,000 0.0% 84.4%
DAKABIN 1 N/A N/A $209,950 N/A N/A
FERNY HILLS * 8 $350,000 0.7% $360,000 N/A N/A
GRIFFIN * 14 $216,000 4.3% $208,625 4.3% N/A
KALLANGUR * 2 N/A N/A $189,000 -5.5% 35.0%
MANGO HILL * 3 N/A N/A $217,900 -6.0% 30.7%
MORAYFIELD * 27 $193,000 0.5% $190,000 0.8% 27.5%
MURRUMBA DOWNS * 14 $193,000 N/A $209,000 -13.5% 2.2%
NARANGBA * 10 $217,500 -10.7% $231,900 5.0% 32.5%
NINGI * 7 $225,000 N/A $227,900 0.0% N/A
NORTH LAKES * 26 $199,750 -3.5% $199,000 -4.1% N/A
ROTHWELL * 2 N/A N/A $195,000 5.4% 4.3%
SAMFORD VALLEY ^ * 8 $490,000 13.3% $490,000 N/A 28.9%
UPPER CABOOLTURE * 4 N/A N/A $192,000 0.0% 31.5%
WAMURAN ^ * 4 N/A N/A $257,000 N/A 24.8%
WARNER * 12 $260,000 0.0% $240,000 6.7% 42.9%
WOODFORD ^ * 1 N/A N/A $226,500 N/A N/A
REDLAND CITY (LGA) ³ ~ * 104 $60,000 -70.0% $244,000 144.0% 187.1%
REDLAND CITY (LGA) ^ 1 N/A N/A $507,500 N/A 22.3%
BIRKDALE 5 $308,000 1.0% $297,250 N/A 35.1%
CLEVELAND * f 4 N/A N/A $309,500 N/A N/A
MACLEAY ISLAND ~ * 13 $48,000 -22.9% $55,000 -16.7% 3.8%
MOUNT COTTON * 3 N/A N/A $241,000 -5.5% N/A
REDLAND BAY * 8 $300,000 -0.8% $278,000 4.9% 29.3%
RUSSELL ISLAND 44 $36,250 -4.6% $38,000 -26.2% 26.7%
THORNLANDS * 12 $280,780 N/A $255,000 2.0% 2.3%
VICTORIA POINT * 6 $258,500 -1.7% $259,000 -6.5% 17.7%
WELLINGTON POINT ~ * f 2 N/A N/A $318,000 -7.8% 18.4%
3 BEDROOM HOUSES
Suburbs/Localities
Jun Qtr 2010NewBonds
Jun Qtr 2009Rent ($)
NewBonds
Rent ($)Po
stco
de
MEDIAN WEEKLY RENTS
IPSWICH CITY COUNCIL AREA 275 763 270 796
4300 Brookwater/ Camira/ Springfield Lakes/ etc. 310 179 300 174
4301 Collingwood Park/ Redbank/ Redbank Plains 285 82 285 82
4303 Dinmore/ Riverview 260 36 260 36
4304 Blackstone/ Bundamba/ Silkstone/ etc. 260 95 260 98
4305 Brassall/ Leichhardt/ Raceview/ Yamanto/ etc. 265 276 260 312
4306 Barellan Point/ Karalee/ Willowbank/ etc. 270 63 280 69
4340 Ebenezer/ Grandchester/ Rosewood/ etc. 275 26 260 22
4346 Marburg 265 6 n.a. 3
LOGAN CITY COUNCIL AREA 320 924 310 961
4114 Kingston/ Logan Central/ Woodridge 300 146 290 139
4118 Browns Plains/ Heritage Park/ Regents Park/ etc. 320 102 310 99
4119 Underwood 350 9 330 12
4123 Rochedale/ Rochedale South 350 50 340 62
4124 Boronia Heights/ Greenbank/ New Beith/ etc. 320 44 310 36
4125 Munruben/ Park Ridge/ Park Ridge South² 385 16 390 11
4127 Daisy Hill/ Slacks Creek/ Springwood/ etc. 335 80 340 81
4128 Shailer Park/ Tanah Merah 360 36 350 30
4129 Loganholme 340 21 330 24
4130 Carbrook/ Cornubia 340 6 360 8
4131 Loganlea/ Meadowbrook 310 36 310 32
4132 Crestmead/ Marsden 310 110 300 100
4133 Chambers Flat/ Logan Reserve/ Waterford/ etc. 330 27 320 40
4205 Bethania 315 21 295 21
4207 Beenleigh/ Eagleby/ Mt Warren Park/ etc. 310 196 300 234
4280 Jimboomba/ North Maclean/ South Maclean/ etc. 340 23 350 32
MORETON BAY REGIONAL COUNCIL AREA 320 1041 300 1055
Caboolture Region 290 479 285 512
4504 Narangba 315 20 330 27
4505 Burpengary 310 28 300 32
4506 Moorina/ Morayfield 280 67 285 64
4507 Banksia Beach/ Bellara/ Bongaree/ Woorim/ etc. 300 46 290 50
4508 Deception Bay 290 92 290 112
4510 Beachmere/ Caboolture/ Upper Caboolture/ etc. 280 173 275 189
4511 Godwin Beach/ Ningi/ Sandstone Pt 310 16 295 10
4512 Bracalba/ Wamuran/ Wamuran Basin 300 8 275 9
4514 D'Aguilar/ Delaneys Ck/ Neurum/ Woodford/ etc. 280 28 285 18
Pine Rivers Region 340 363 340 317
4035 Albany Creek/ Bridgeman Downs 380 34 360 29
4037 Eatons Hill 400 8 370 7
4055 Bunya/ Ferny Grove/ Ferny Hills/ Upper Kedron 360 34 360 36
4500 Bray Park/ Cashmere/ Strathpine/ Warner/ etc. 340 67 329 71
4501 Lawnton 330 22 315 13
4502 Petrie 330 29 310 20
4503 Dakabin/ Griffin/ Kallangur/ Murrumba Downs/ etc. 325 84 320 78
4509 Mango Hill/ North Lakes 350 60 360 44
4520 Camp Mountain/ Highvale/ Samford Village/ etc. 400 12 400 9
4521 Dayboro/ Mt Pleasant/ Ocean View/ etc. 360 13 315 10
Redcliffe Region 330 199 310 226
4019 Clontarf/ Margate/ Woody Point 325 79 310 92
4020 Redcliffe/ Scarborough 340 79 310 88
4021 Kippa-Ring 330 25 300 34
4022 Rothwell 340 16 310 12
REDLAND CITY COUNCIL AREA 360 367 350 311
4157 Capalaba/ Capalaba West/ Sheldon 370 40 350 33
4158 Thorneside 355 21 330 9
4159 Birkdale 370 22 340 24
4160 Ormiston/ Wellington Point 380 48 365 30
4161 Alexandra Hills 360 49 350 48
4163 Cleveland 375 47 375 36
4164 Thornlands 380 10 360 12
4165 Mt Cotton/ Redland Bay/ Victoria Point/ etc. 370 59 350 61
4184 Coochiemudlo Is/ Macleay Is/ Russell Is/ etc. 220 68 240 53
www.reiq.com.auIssue 7 - June Quarter 2010 page 13
MARKETMONITORQ
UE
EN
SLA
ND
BRISBANE SURROUNDS
3 BEDROOM TOWNHOUSES
Suburbs/Localities
Jun Qtr 2010NewBonds
Jun Qtr 2009Rent ($)
NewBonds
Rent ($)Po
stco
de Suburbs/Localities
Jun Qtr 2010NewBonds
Jun Qtr 2009Rent ($)
NewBonds
Rent ($)Po
stco
de
MEDIAN WEEKLY RENTS MEDIAN WEEKLY RENTS
2 BEDROOM FLATS/UNITS
IPSWICH CITY COUNCIL AREA 240 118 230 117
4300 Brookwater/ Camira/ Springfield Lakes/ etc. 250 20 210 16
4301 Collingwood Park/ Redbank/ Redbank Plains 260 19 240 26
4304 Blackstone/ Bundamba/ Silkstone/ etc. 225 16 220 13
4305 Brassall/ Leichhardt/ Raceview/ Yamanto/ etc. 230 59 225 61
LOGAN CITY COUNCIL AREA 240 260 240 261
4114 Kingston/ Logan Central/ Woodridge 240 84 230 99
4118 Browns Plains/ Heritage Park/ Regents Park/ etc. 260 5 265 5
4119 Underwood 240 5 n.a. 4
4123 Rochedale/ Rochedale South 280 9 260 13
4127 Daisy Hill/ Slacks Creek/ Springwood/ etc. 280 24 275 33
4128 Shailer Park/ Tanah Merah 250 14 275 9
4132 Crestmead/ Marsden 230 11 260 10
4133 Chambers Flat/ Logan Reserve/ Waterford/ etc. 245 16 240 18
4205 Bethania 240 5 n.a. 1
4207 Beenleigh/ Eagleby/ Mt Warren Park/ etc. 240 78 235 46
4280 Jimboomba/ North Maclean/ South Maclean/ etc. 240 6 235 8
MORETON BAY REGIONAL COUNCIL AREA 260 364 260 383
Caboolture Region 250 139 240 139
4505 Burpengary 275 11 250 5
4506 Moorina/ Morayfield 255 5 n.a. 4
4507 Banksia Beach/ Bellara/ Bongaree/ Woorim/ etc. 250 32 235 59
4508 Deception Bay 285 18 280 7
4510 Beachmere/ Caboolture/ Upper Caboolture/ etc. 250 66 245 60
Pine Rivers Region 280 70 270 64
4500 Bray Park/ Cashmere/ Strathpine/ Warner/ etc. 280 27 270 27
4501 Lawnton 270 10 220 14
4503 Dakabin/ Griffin/ Kallangur/ Murrumba Downs/ etc. 280 27 270 14
Redcliffe Region 255 155 260 180
4019 Clontarf/ Margate/ Woody Point 250 62 250 75
4020 Redcliffe/ Scarborough 270 84 270 94
4021 Kippa-Ring 240 8 280 11
REDLAND CITY COUNCIL AREA 310 74 300 63
4157 Capalaba/ Capalaba West/ Sheldon 230 9 300 15
4159 Birkdale 300 7 n.a. 1
4160 Ormiston/ Wellington Point 320 9 310 5
4163 Cleveland 330 37 330 25
IPSWICH CITY COUNCIL AREA 295 82 300 59
4300 Brookwater/ Camira/ Springfield Lakes/ etc. 330 27 320 22
4301 Collingwood Park/ Redbank/ Redbank Plains 300 13 290 6
4304 Blackstone/ Bundamba/ Silkstone/ etc. 290 13 300 22
4305 Brassall/ Leichhardt/ Raceview/ Yamanto/ etc. 280 29 275 8
LOGAN CITY COUNCIL AREA 320 247 300 232
4114 Kingston/ Logan Central/ Woodridge 300 36 285 56
4118 Browns Plains/ Heritage Park/ Regents Park/ etc. 330 36 320 28
4119 Underwood 385 10 390 6
4123 Rochedale/ Rochedale South 320 5 450 5
4127 Daisy Hill/ Slacks Creek/ Springwood/ etc. 310 36 295 30
4128 Shailer Park/ Tanah Merah 300 10 n.a. 2
4130 Carbrook/ Cornubia 340 5 n.a. 3
4131 Loganlea/ Meadowbrook 340 23 326 54
4132 Crestmead/ Marsden 310 10 n.a. 2
4133 Chambers Flat/ Logan Reserve/ Waterford/ etc. 295 18 295 7
4207 Beenleigh/ Eagleby/ Mt Warren Park/ etc. 315 49 310 32
MORETON BAY REGIONAL COUNCIL AREA 320 293 315 194
Caboolture Region 295 97 295 81
4505 Burpengary 300 27 300 30
4506 Moorina/ Morayfield 260 7 n.a. 2
4507 Banksia Beach/ Bellara/ Bongaree/ Woorim/ etc. 310 6 n.a. 1
4508 Deception Bay 290 30 290 31
4510 Beachmere/ Caboolture/ Upper Caboolture/ etc. 285 19 275 15
Pine Rivers Region 330 119 324 70
4500 Bray Park/ Cashmere/ Strathpine/ Warner/ etc. 324 27 324 30
4501 Lawnton 310 7 n.a. 1
4503 Dakabin/ Griffin/ Kallangur/ Murrumba Downs/ etc. 330 66 320 28
4509 Mango Hill/ North Lakes 330 7 n.a. 2
Redcliffe Region 320 77 315 43
4019 Clontarf/ Margate/ Woody Point 330 5 n.a. 2
4020 Redcliffe/ Scarborough 330 5 350 5
4021 Kippa-Ring 320 56 320 24
4022 Rothwell 315 11 295 12
REDLAND CITY COUNCIL AREA 360 79 350 62
4157 Capalaba/ Capalaba West/ Sheldon 340 11 n.a. 4
4158 Thorneside 350 8 350 12
4160 Ormiston/ Wellington Point 365 18 350 12
4163 Cleveland 390 19 350 16
4164 Thornlands 430 5
4165 Mt Cotton/ Redland Bay/ Victoria Point/ etc. 355 15 345 15
www.reiq.com.auIssue 7 - June Quarter 2010 page 14
MARKETMONITORQ
UE
EN
SLA
ND
3
4
2
0
3
7
2
2
8
3
7
3
2
1
5
2
0
4
3
4
2
0
3
7
2
2
8
3
5
8
4
4
1
0
BUNDABERG LAND SALES
7
3
2
1
3
5
5
2
0
4
3
4
2
0
3
7
2
2
BRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALES ROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+
54 49 36 15JUN 10 67 4 0JUN 1054 7 2JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 10
26 55 47 12MAR 10 57 3 2MAR 1067 3 2MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 10
BRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
417 96 27 3JUN 10 57 3 1JUN 10 81 2 4JUN 10417 96 27JUN 10 57JUN 10 81JUN 10417 96 27JUN 10 57JUN 10 81JUN 10
418 106 17 8MAR 10 61 7 2MAR 10 80 5 0MAR 10418 106 17MAR 10 61MAR 10 80MAR 10418 106 17MAR 10 61MAR 10 80MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST LAND SALES BUNDABERG LAND SALES TOWNSVILLE LAND SALESGOLD COAST LAND SALES TOWNSVILLE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
83 41 8 14JUN 10 44 4 0JUN 10 58 12 5JUN 1083 41 14JUN 10 44JUN 10 58 12JUN 10
67 38 5 14MAR 10 52 4 1MAR 10 62 11 3MAR 1067 38 14MAR 10 52MAR 10 62 11MAR 10
SUNSHINE COAST LAND SALES CAIRNS LAND SALESGLADSTONE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+
gold coast sunshine coast<$250,000 <$350,000 $350,000+
JUN 09 273 96 9 16 JUN 09 176 99 18 19 SEP 09 159 75 12 25 SEP 09 112 79 26 15 DEC 09JUN 10 5 1222 6047 815 11 5 DEC 09 JU 91N 10 68 28 14 56 8 3JUN 1081 1 3
66 61 13 15MAR 10 58 10 5MAR 1032 6 2MAR 10
26
54
55
49
47
36
12
15
MAR 10
JUN 10
BRISBANE CITY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
418
417
106
96
17
27
8
3
MAR 10
JUN 10
BRISBANE SURROUNDS' LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
67
83
38
41
5
8
14
14
MAR 10
JUN 10
GOLD COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
66
52
61
47
13
15
15
11
MAR 10
JUN 10
SUNSHINE COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
52
44
4
4
1
0
MAR 10
JUN 10
BUNDABERG LAND SALES<$250,000 <$350,000 $350,000+
58
56
10
8
5
3
MAR 10
JUN 10
CAIRNS LAND SALES<$250,000 <$350,000 $350,000+
61
57
7
3
2
1
MAR 10
JUN 10
FRASER COAST LAND SALES<$250,000 <$350,000 $350,000+
32
81
6
1
2
3
MAR 10
JUN 10
GLADSTONE LAND SALES<$250,000 <$350,000 $350,000+
62
58
11
12
3
5
MAR 10
JUN 10
TOWNSVILLE LAND SALES<$250,000 <$350,000 $350,000+
80
81
5
2
0
4
MAR 10
JUN 10
MACKAY LAND SALES<$250,000 <$350,000 $350,000+
57
67
3
4
2
0
MAR 10
JUN 10
ROCKHAMPTON LAND SALES<$250,000 <$350,000 $350,000+
67
54
3
7
2
2
MAR 10
JUN 10
TOOWOOMBA LAND SALES<$250,000 <$350,000 $350,000+
GOlD COAST CITY
9
BRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALES ROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+
141141141141
881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10
127127127127
863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10
BRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+
775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10
839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10
INCLUDESINCLUDESINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALESGOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+
2020
417 364 54JUN 10 144 41 9JUN 10 159 198 55JUN 10417 364 54JUN 10 144 41JUN 10 159 198 55JUN 10
1616
434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10
SUNSHINE COAST HOUSE SALES CAIRNS HOUSE SALESGLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+
46 40
348 226JUN 10 139 118 43JUN 1064 109 25JUN 10
50 41MAR 10 120 158 40MAR 10MAR 10396 290 52 77 19
127
141
863
881
1259
1373
120
141
MAR 10
JUN 10
BRISBANE CITY HOUSE SALES<$350,000 <$500,000 <$1m $1m+
839
775
1147
1111
454
424
13
14
MAR 10
JUN 10
BRISBANE SURROUNDS' HOUSE SALES
<$350,000 <$500,000 <$1m $1m+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
16
20
434
417
422
364
58
54
MAR 10
JUN 10
GOLD COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
50
46
396
348
290
226
41
40
MAR 10
JUN 10
SUNSHINE COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
166
144
60
41
12
9
MAR 10
JUN 10
BUNDABERG HOUSE SALES<$350,000 <$500,000 $500,000+
120
139
158
118
40
43
MAR 10
JUN 10
CAIRNS HOUSE SALES<$350,000 <$500,000 $500,000+
193
182
80
48
10
15
MAR 10
JUN 10
FRASER COAST HOUSESALES<$350,000 <$500,000 $500,000+
52
64
77
109
19
25
MAR 10
JUN 10
GLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+
171
159
207
198
51
55
MAR 10
JUN 10
TOWNSVILLE HOUSE SALES<$350,000 <$500,000 $500,000+
62
70
183
150
46
51
MAR 10
JUN 10
MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+
164
128
72
62
29
25
MAR 10
JUN 10
ROCKHAMPTON HOUSE SALES<$350,000 <$500,000 $500,000+
274
272
101
88
33
13
MAR 10
JUN 10
TOOWOOMBA HOUSE SALES<$350,000 <$500,000 $500,000+
6
45
1
2
2 5
8
8
9
6
8
6
45
1
2
5
4
1
3
2 5
8
8
9
6
8
6
45
1
2
BRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
44444444
254 684 282 47JUN 10 16 12 10 4JUN 1047 22 5 2JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10
50505050
255 645 242 30MAR 10 10 21 12 6MAR 1043 21 10 1MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10
BRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+
102 224 110 45JUN 10 32 24 10 8JUN 10 14 12 9 8JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10
104 240 101 55MAR 10 13 15 2 5MAR 10 14 28 8 6MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALESGOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+
123 428 405 258 46JUN 10 28 14 4 3JUN 10 23 38 19 12JUN 10123 428 405 258 46JUN 10 28 14JUN 10 23 38 19 12JUN 10
99 415 407 278 91MAR 10 16 19 5 1MAR 10 26 59 30 14MAR 1099 415 407 278 91MAR 10 16 19MAR 10 26 59 30 14MAR 10
SUNSHINE COAST UNIT SALES CAIRNS UNIT SALESGLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
45 139 146 87 19JUN 10 80 69 30 25JUN 109 9 14 5JUN 10
44 163 145 100 23MAR 10 124 64 31 14MAR 1010 11 12 3MAR 10
50
44
255
254
645
684
242
282
30
47
MAR 10
JUN 10
BRISBANE CITY UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
104
102
240
224
101
110
55
45
MAR 10
JUN 10
BRISBANE SURROUNDS' UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
99
123
415
428
407
405
278
258
91
46
MAR 10
JUN 10
GOLD COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
44
45
163
139
145
146
100
87
23
19
MAR 10
JUN 10
SUNSHINE COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
16
28
19
14
5
4
1
3
MAR 10
JUN 10
BUNDABERG UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
124
80
64
69
31
30
14
25
MAR 10
JUN 10
CAIRNS UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
13
32
15
24
2
10
5
8
MAR 10
JUN 10
FRASER COAST UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
9
11
9
12
14
3
5
MAR 10
JUN 10
GLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
26
23
59
38
30
19
14
12
MAR 10
JUN 10
TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
14
14
28
12
8
9
6
8
MAR 10
JUN 10
MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
16
21
12
12
10
6
4
MAR 10
JUN 10
ROCKHAMPTON UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
43
47
21
22
10
5
1
2
MAR 10
JUN 10
TOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
Median house and unit prices Experiencing a subdued quarter, the Gold Coast property market posted negative median price changes and preliminary sales numbers across the board; however, still recorded a 8.6 per cent increase to its median price over the year ending June 2010.
According to median house prices, outside Brisbane City, the Gold Coast remains the most expensive region to live in across the State although its median house price decreased 2.2 per cent to $495,000 over the June quarter. Sales numbers are holding relatively steady over the year ending June.
REIQ accredited agents are reporting the reemergence of investors back into the market around the $400,000 price bracket in a bid for future financial returns.
At the higher end of the market, Broadbeach Waters, the central hub of the Gold Coast, posted a healthy 6.4 per cent increase to its median to $920,000.
Robina, the third largest suburb on the Gold Coast, posted a 7.1 per cent median price increase to $557,000 over the quarter.
Highland Park was another well-performing suburb, driven by price and reasonably central to amenities. Its median increased by 9.9 per cent to $461,500.
While preliminary sales numbers were up over the year, the Gold Coast unit and townhouse market dropped its median by 3.1 per cent to $368,250.
While investors have begun to prosper in the housing market, they’ve taken a ‘back-seat’ approach to units and townhouses on the Gold Coast and are becoming price sensitive.
The heart of tourism on the Gold Coast, Surfers Paradise continued its upward motion of positive growth posting an 11.5 per cent median price increase to $398,500. Surfers Paradise recorded the highest number of preliminary sales of units and townhouses over the June quarter.
Median vacant land pricesThe median price for vacant urban land on the Gold Coast decreased 1.2 per cent to $240,000 over the June quarter while still maintaining its growth for the year ending June by increasing its median by 2.1 per cent.
Although posting a decline to its median price, the preliminary sales of vacant urban on the Gold Coast increased for the quarter and for the year ending June 2010.
There is still an undersupply of vacant land due to the limited land left for residential development in the region.
Median rentsThe median rent for a three-bedroom house on the Gold Coast increased $10 per week to $400 between June 2009 and June this year; whereas, the median rent for a two-bedroom unit remained unchanged at $340 per week, over the same period.
The most expensive postcode to rent in is 4217 (Benowa/ Main Beach/ Surfers Paradise) increasing its rent for a three-bedroom house by $55 per week to $520, although there was 33 bonds lodged for this area in the June quarter 2010, compared to 49 during the same period last year.
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 15
MARKETMONITORQ
UE
EN
SLA
ND
GOlD COAST CITY
HOUSES HOUSES continued
Suburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
MEDIAN SALES DATA MEDIAN SALES DATASuburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
GOLD COAST CITY (LGA) 855 $495,000 -2.2% $505,000 8.6% 27.8%
GOLD COAST CITY (LGA) ^ 82 $722,500 1.8% $700,000 5.7% 24.7%
ARUNDEL ~ 20 $450,000 -16.0% $475,000 3.3% 20.3%
ASHMORE 24 $474,750 -2.8% $485,000 4.6% 31.1%
BENOWA + * 18 $837,500 14.8% $730,000 8.1% 15.6%
BIGGERA WATERS ~ f 9 $495,000 -12.8% $530,000 4.3% 27.7%
BONOGIN ^ ~ 9 $725,000 11.4% $675,000 9.6% 20.5%
BROADBEACH WATERS 27 $920,000 6.4% $853,750 6.7% 34.4%
BUNDALL ~ f 18 $1,040,000 17.1% $890,000 0.6% 26.7%
BURLEIGH HEADS 15 $595,000 5.5% $587,500 13.5% 16.6%
BURLEIGH WATERS ~ 34 $560,750 -5.4% $565,000 2.7% 29.9%
CARRARA 19 $425,000 0.0% $456,000 6.0% 28.8%
CLEAR ISLAND WATERS ~ f 8 $742,500 N/A $868,000 20.6% 17.3%
COOMBABAH ~ f 10 $406,250 -15.4% $430,000 7.5% 33.9%
COOMERA + * f 27 $510,000 -10.6% $566,000 -4.4% 12.1%
CURRUMBIN VALLEY ^ 6 $665,000 N/A N/A N/A N/A
CURRUMBIN WATERS 16 $490,000 -1.0% $495,000 5.3% 28.6%
ELANORA 25 $530,000 -0.9% $522,500 8.9% 29.0%
ELANORA ^ 1 N/A N/A N/A N/A N/A
GAVEN ^ 2 N/A N/A $622,500 N/A 38.3%
GUANABA ^ 5 $725,000 N/A N/A N/A N/A
HELENSVALE + * f 52 $482,500 2.7% $508,250 10.5% 28.7%
HIGHLAND PARK 20 $461,500 9.9% $418,250 5.6% 30.3%
HOLLYWELL 4 N/A N/A $555,000 8.8% 18.7%
HOPE ISLAND + * f 15 $900,000 -39.0% $1,075,000 -8.5% 5.4%
LABRADOR 16 $425,000 -4.5% $433,250 5.4% 24.9%
LOWER BEECHMONT 8 $377,000 N/A $369,000 N/A N/A
MAUDSLAND 4 N/A N/A $435,000 3.6% 22.5%
MERMAID BEACH 3 N/A N/A $1,230,000 11.8% 31.6%
MERMAID WATERS ~ f 19 $648,000 -20.5% $656,000 5.8% 33.9%
MERRIMAC ~ 13 $443,000 8.0% $420,000 0.5% 26.8%
MIAMI 5 N/A N/A $550,000 10.7% 35.8%
MOLENDINAR 16 $488,000 -2.2% $510,000 9.7% 27.8%
MUDGEERABA ^ 4 N/A N/A $682,500 9.2% 17.7%
MUDGEERABA ~ 24 $466,500 -7.6% $480,000 10.9% 37.1%
NERANG 29 $388,000 -2.9% $390,000 4.8% 32.2%
NERANG ^ ~ 5 $571,000 -28.6% $760,000 14.7% 20.2%
ORMEAU 27 $442,000 -1.0% $447,750 6.6% 26.1%
ORMEAU ^ - N/A N/A $686,250 14.4% 28.3%
ORMEAU HILLS 1 N/A N/A $510,000 N/A 32.5%
OXENFORD ~ 33 $460,000 -7.1% $460,000 9.5% 33.4%
PACIFIC PINES 43 $475,000 2.2% $465,150 3.8% 27.4%
PALM BEACH 25 $561,000 2.1% $547,000 5.2% 25.7%
PARADISE POINT ¹ ~ f 6 N/A N/A $625,000 11.6% -4.6%
PARKWOOD 19 $500,000 2.8% $475,000 3.9% 23.5%
PIMPAMA 5 N/A N/A $400,000 N/A N/A
REEDY CREEK ~ 10 $561,000 -19.3% $640,000 4.7% 49.2%
ROBINA 53 $557,000 7.1% $555,000 8.7% 26.1%
RUNAWAY BAY ~ f 16 $643,000 -11.6% $680,000 -16.0% -13.7%
SOUTHPORT ~ f 24 $497,500 13.1% $470,000 5.6% 30.6%
SOVEREIGN ISLAND * f 6 N/A N/A $2,275,000 -6.7% 26.8%
SURFERS PARADISE ~ f 10 $990,000 -21.4% $1,300,000 2.5% 5.9%
TALLAI ^ 4 N/A N/A $782,500 15.9% 18.7%
TALLEBUDGERA ^ ~ 3 N/A N/A $677,500 -7.8% 26.0%
TALLEBUDGERA VALLEY ^ 5 $770,000 1.0% $725,000 N/A 17.9%
TUGUN ~ 17 $435,000 -5.4% $457,000 0.6% 23.5%
UPPER COOMERA 55 $420,000 -1.5% $423,750 5.9% 33.7%
VARSITY LAKES 22 $492,500 0.3% $491,000 9.1% 21.2%
WORONGARY 6 N/A N/A $400,000 4.6% 29.3%
WORONGARY ^ ~ 13 $645,000 -14.9% $699,500 20.6% 42.3%
YATALA ^ 1 N/A N/A $711,000 N/A N/A
GOLD COAST CITY (LGA) 1,260 $368,250 -3.1% $380,000 8.0% 22.6%
ARUNDEL 11 $315,000 0.0% $320,000 3.2% 39.1%
ASHMORE 14 $311,000 4.4% $312,000 1.3% 35.7%
BENOWA - * f 10 $458,750 N/A $468,000 43.3% 61.4%
BIGGERA WATERS ~ f 37 $330,000 -26.0% $380,000 12.4% 55.1%
BILINGA ~ f 10 $526,250 30.3% $502,500 4.7% 10.1%
BROADBEACH * f 57 $391,000 -22.7% $450,000 4.7% 0.4%
BROADBEACH WATERS 5 N/A N/A $420,500 16.8% 35.6%
BUNDALL 6 N/A N/A $345,000 N/A 15.0%
BURLEIGH HEADS f * 24 $418,750 -5.9% $422,000 6.2% 21.9%
BURLEIGH WATERS ~ f * 17 $353,000 -8.9% $365,000 1.4% 34.9%
CARRARA * f 25 $445,000 15.7% $425,000 13.3% 16.8%
CLEAR ISLAND WATERS ~ f 6 N/A N/A $465,000 36.8% 38.8%
COOLANGATTA 37 $490,000 6.5% $480,000 8.7% 26.3%
COOMBABAH 11 $345,000 1.5% $342,000 10.3% 42.5%
COOMERA - f 13 $343,000 6.4% $352,450 24.8% 41.0%
CURRUMBIN ~ * 9 $382,500 -12.1% $395,500 -17.6% 18.1%
CURRUMBIN WATERS 8 $327,000 N/A $332,000 3.1% 30.7%
ELANORA ~ 7 $328,000 -7.6% $332,500 7.3% 30.4%
EPHRAIM ISLAND f 1 N/A N/A $1,200,000 19.1% 11.1%
HELENSVALE - * f 16 $267,500 -17.9% $317,000 3.9% 35.5%
HIGHLAND PARK ~ * 3 N/A N/A $274,000 -3.9% 28.9%
HOLLYWELL * f 4 N/A N/A $915,000 43.0% N/A
HOPE ISLAND - * f 63 $390,000 -1.3% $430,000 -20.8% -9.5%
LABRADOR 72 $316,500 -2.6% $323,250 5.1% 24.3%
MAIN BEACH ~ f 30 $770,000 -10.7% $670,000 7.2% 21.8%
MERMAID BEACH ~ f 24 $357,500 -9.5% $380,000 5.6% 15.6%
MERMAID WATERS ~ 24 $296,500 -12.3% $329,000 4.6% 37.4%
MERRIMAC * f 12 $622,500 67.1% $380,000 21.2% 65.2%
MIAMI * 32 $382,000 10.1% $400,000 12.7% 35.6%
MUDGEERABA 16 $345,000 -2.5% $342,000 3.3% 42.5%
NERANG 23 $304,000 1.3% $294,500 3.3% 26.9%
ORMEAU 7 $350,000 N/A $352,000 0.6% 42.9%
OXENFORD ~ 11 $310,000 13.6% $292,500 4.5% 36.0%
PACIFIC PINES * 18 $365,000 -6.4% $380,000 4.7% 49.0%
PALM BEACH 41 $370,000 4.2% $375,000 10.3% 31.1%
PARADISE POINT ~ f 9 $413,000 2.6% $415,000 26.3% 29.7%
PIMPAMA * - N/A N/A $350,000 N/A N/A
REEDY CREEK 8 $329,000 N/A $312,250 4.8% 41.9%
ROBINA * 41 $440,000 -2.5% $455,000 7.1% 35.8%
RUNAWAY BAY ~ * 14 $460,000 -14.0% $500,000 29.9% 18.5%
SOUTHPORT ~ f * 110 $332,500 -13.6% $365,000 5.8% 17.7%
SURFERS PARADISE 180 $398,500 11.5% $367,500 1.1% 5.8%
TUGUN 22 $423,000 12.8% $427,250 3.0% 27.5%
UPPER COOMERA 40 $301,000 -2.9% $316,000 2.7% 5.0%
VARSITY LAKES 52 $410,000 4.5% $387,750 3.4% 17.5%
UNITS & TOWNHOUSES
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 16
MARKETMONITORQ
UE
EN
SLA
ND
GOlD COAST CITY
VACANT URBAN LAND
3 BEDROOM TOWNHOUSES
GOLD COAST CITY (LGA) 146 $240,000 -1.2% $240,000 2.1% 26.3%
GOLD COAST CITY (LGA) ^ ~ 13 N/A N/A $407,500 -5.2% 16.4%
BIGGERA WATERS * f 5 $700,000 N/A N/A N/A N/A
COOMERA + * f 4 N/A N/A $235,000 -2.1% 5.9%
GILSTON 2 N/A N/A $233,900 5.9% N/A
HELENSVALE + * f 5 $565,000 7.6% $495,000 -12.4% 1.5%
HOPE ISLAND + * f ~ 8 $485,000 N/A $470,000 -27.7% -23.0%
MAUDSLAND * 1 N/A N/A $243,500 N/A 32.0%
MAUDSLAND ^ * 1 N/A N/A $355,000 N/A N/A
ORMEAU * 9 $275,000 8.5% $249,900 15.4% 46.1%
OXENFORD * 10 $249,750 N/A $230,000 N/A 2.7%
PACIFIC PINES * 27 $234,600 1.7% $236,300 2.8% 27.7%
PIMPAMA * 22 $215,000 2.4% $215,000 -14.0% 13.2%
REEDY CREEK * 10 $342,450 3.4% $339,950 15.2% 33.3%
SOVEREIGN ISLAND * f 2 N/A N/A $1,100,000 N/A 22.9%
UPPER COOMERA * 34 $230,000 -4.0% $230,000 0.0% 25.0%
GOLD COAST CITY COUNCIL AREA 400 983 390 1,256
4208 Jacobs Well/ Ormeau/ Ormeau Hills/ etc. 360 25 340 36
4209 Coomera/ Pimpama/ Upper Coomera/ Willow Vale 360 71 350 99
4210 Guanaba/ Maudsland/ Oxenford/ Wongawallan 370 20 370 23
4211 Carrara/ Highland Park/ Nerang/ Pacific Pines/ etc. 380 121 365 137
4212 Helensvale/ Hope Island 415 48 415 83
4213 Bonogin/ Mudgeeraba/ Tallai/ Worongary/ etc. 400 55 385 55
4214 Arundel/ Ashmore/ Molendinar/ Parkwood 400 79 385 91
4215 Labrador/ Southport 380 99 380 116
4216 Biggera Waters/ Paradise Pt/ Runaway Bay/ etc. 390 68 385 91
4217 Benowa/ Main Beach/ Surfers Paradise/ etc. 520 33 465 49
4218 Broadbeach/ Mermaid Beach/ Mermaid Wates/ etc. 475 72 460 96
4220 Burleigh Heads/ Burleigh Waters/ Miami 435 63 420 93
4221 Elanora/ Palm Beach 430 65 400 65
4223 Currumbin/ Currumbin Valley/ Currumbin Waters 420 25 370 37
4224 Tugun 390 16 370 15
4225 Bilinga/ Coolangatta 400 6 n.a. 4
4226 Clear Island Waters/ Merrimac/ Robina 420 70 400 89
4227 Reedy Creek/ Varsity Lakes 410 45 395 70
3 BEDROOM HOUSES
Suburbs/Localities
Jun Qtr 2010NewBonds
Jun Qtr 2009Rent ($)
NewBonds
Rent ($)Po
stco
de
MEDIAN WEEKLY RENTS
Suburbs/Localities
Jun Qtr 2010NewBonds
Jun Qtr 2009Rent ($)
NewBonds
Rent ($)Po
stco
de
MEDIAN WEEKLY RENTSSuburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
MEDIAN SALES DATA
2 BEDROOM FLATS/UNITS continued
GOLD COAST CITY COUNCIL AREA 340 2,259 340 2,333
4210 Guanaba/ Maudsland/ Oxenford/ Wongawallan 295 16 285 17
4211 Carrara/ Highland Park/ Nerang/ Pacific Pines/ etc. 295 50 290 36
4212 Helensvale/ Hope Island 370 49 390 32
4213 Bonogin/ Mudgeeraba/ Tallai/ Worongary/ etc. 320 5 n.a. 2
4214 Arundel/ Ashmore/ Molendinar/ Parkwood 300 12 280 14
4215 Labrador/ Southport 335 461 325 479
4216 Biggera Waters/ Paradise Pt/ Runaway Bay/ etc. 320 189 320 195
4217 Benowa/ Main Beach/ Surfers Paradise/ etc. 375 454 380 490
4218 Broadbeach/ Mermaid Beach/ Mermaid Wates/ etc. 320 306 340 375
4220 Burleigh Heads/ Burleigh Waters/ Miami 350 201 340 209
4221 Elanora/ Palm Beach 300 153 280 150
4223 Currumbin/ Currumbin Valley/ Currumbin Waters 350 38 330 39
4224 Tugun 300 38 285 42
4225 Bilinga/ Coolangatta 300 119 300 128
4226 Clear Island Waters/ Merrimac/ Robina 380 82 380 63
4227 Reedy Creek/ Varsity Lakes 410 81 410 56
GOLD COAST CITY COUNCIL AREA 360 1,046 350 868
4209 Coomera/ Pimpama/ Upper Coomera/ Willow Vale 340 126 330 108
4210 Guanaba/ Maudsland/ Oxenford/ Wongawallan 330 14 310 12
4211 Carrara/ Highland Park/ Nerang/ Pacific Pines/ etc. 350 186 340 161
4212 Helensvale/ Hope Island 400 35 380 18
4213 Bonogin/ Mudgeeraba/ Tallai/ Worongary/ etc. 340 30 345 33
4214 Arundel/ Ashmore/ Molendinar/ Parkwood 360 48 350 42
4215 Labrador/ Southport 360 120 365 103
4216 Biggera Waters/ Paradise Pt/ Runaway Bay/ etc. 355 79 350 73
4217 Benowa/ Main Beach/ Surfers Paradise/ etc. 450 52 400 37
4218 Broadbeach/ Mermaid Beach/ Mermaid Wates/ etc. 440 20 400 26
4220 Burleigh Heads/ Burleigh Waters/ Miami 370 38 350 31
4221 Elanora/ Palm Beach 400 27 370 23
4223 Currumbin/ Currumbin Valley/ Currumbin Waters 350 16 350 18
4224 Tugun 440 44 440 21
4225 Bilinga/ Coolangatta 495 5 450 7
4226 Clear Island Waters/ Merrimac/ Robina 390 124 380 84
4227 Reedy Creek/ Varsity Lakes 385 77 360 56
www.reiq.com.auIssue 7 - June Quarter 2010 page 17
MARKETMONITORQ
UE
EN
SLA
ND
TOOWOOMBA REGIONAl
9
BRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALES ROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+
141141141141
881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10
127127127127
863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10
BRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+
775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10
839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10
INCLUDESINCLUDESINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALESGOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+
2020
417 364 54JUN 10 144 41 9JUN 10 159 198 55JUN 10417 364 54JUN 10 144 41JUN 10 159 198 55JUN 10
1616
434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10
SUNSHINE COAST HOUSE SALES CAIRNS HOUSE SALESGLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+
46 40
348 226JUN 10 139 118 43JUN 1064 109 25JUN 10
50 41MAR 10 120 158 40MAR 10MAR 10396 290 52 77 19
127
141
863
881
1259
1373
120
141
MAR 10
JUN 10
BRISBANE CITY HOUSE SALES<$350,000 <$500,000 <$1m $1m+
839
775
1147
1111
454
424
13
14
MAR 10
JUN 10
BRISBANE SURROUNDS' HOUSE SALES
<$350,000 <$500,000 <$1m $1m+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
16
20
434
417
422
364
58
54
MAR 10
JUN 10
GOLD COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
50
46
396
348
290
226
41
40
MAR 10
JUN 10
SUNSHINE COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
166
144
60
41
12
9
MAR 10
JUN 10
BUNDABERG HOUSE SALES<$350,000 <$500,000 $500,000+
120
139
158
118
40
43
MAR 10
JUN 10
CAIRNS HOUSE SALES<$350,000 <$500,000 $500,000+
193
182
80
48
10
15
MAR 10
JUN 10
FRASER COAST HOUSESALES<$350,000 <$500,000 $500,000+
52
64
77
109
19
25
MAR 10
JUN 10
GLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+
171
159
207
198
51
55
MAR 10
JUN 10
TOWNSVILLE HOUSE SALES<$350,000 <$500,000 $500,000+
62
70
183
150
46
51
MAR 10
JUN 10
MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+
164
128
72
62
29
25
MAR 10
JUN 10
ROCKHAMPTON HOUSE SALES<$350,000 <$500,000 $500,000+
274
272
101
88
33
13
MAR 10
JUN 10
TOOWOOMBA HOUSE SALES<$350,000 <$500,000 $500,000+
6
45
1
2
2 5
8
8
9
6
8
6
45
1
2
5
4
1
3
2 5
8
8
9
6
8
6
45
1
2
BRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
44444444
254 684 282 47JUN 10 16 12 10 4JUN 1047 22 5 2JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10
50505050
255 645 242 30MAR 10 10 21 12 6MAR 1043 21 10 1MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10
BRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+
102 224 110 45JUN 10 32 24 10 8JUN 10 14 12 9 8JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10
104 240 101 55MAR 10 13 15 2 5MAR 10 14 28 8 6MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALESGOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+
123 428 405 258 46JUN 10 28 14 4 3JUN 10 23 38 19 12JUN 10123 428 405 258 46JUN 10 28 14JUN 10 23 38 19 12JUN 10
99 415 407 278 91MAR 10 16 19 5 1MAR 10 26 59 30 14MAR 1099 415 407 278 91MAR 10 16 19MAR 10 26 59 30 14MAR 10
SUNSHINE COAST UNIT SALES CAIRNS UNIT SALESGLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
45 139 146 87 19JUN 10 80 69 30 25JUN 109 9 14 5JUN 10
44 163 145 100 23MAR 10 124 64 31 14MAR 1010 11 12 3MAR 10
50
44
255
254
645
684
242
282
30
47
MAR 10
JUN 10
BRISBANE CITY UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
104
102
240
224
101
110
55
45
MAR 10
JUN 10
BRISBANE SURROUNDS' UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
99
123
415
428
407
405
278
258
91
46
MAR 10
JUN 10
GOLD COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
44
45
163
139
145
146
100
87
23
19
MAR 10
JUN 10
SUNSHINE COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
16
28
19
14
5
4
1
3
MAR 10
JUN 10
BUNDABERG UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
124
80
64
69
31
30
14
25
MAR 10
JUN 10
CAIRNS UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
13
32
15
24
2
10
5
8
MAR 10
JUN 10
FRASER COAST UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
9
11
9
12
14
3
5
MAR 10
JUN 10
GLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
26
23
59
38
30
19
14
12
MAR 10
JUN 10
TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
14
14
28
12
8
9
6
8
MAR 10
JUN 10
MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
16
21
12
12
10
6
4
MAR 10
JUN 10
ROCKHAMPTON UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
43
47
21
22
10
5
1
2
MAR 10
JUN 10
TOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
3
4
2
0
3
7
2
2
8
3
7
3
2
1
5
2
0
4
3
4
2
0
3
7
2
2
8
3
5
8
4
4
1
0
BUNDABERG LAND SALES
7
3
2
1
3
5
5
2
0
4
3
4
2
0
3
7
2
2
BRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALES ROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+
54 49 36 15JUN 10 67 4 0JUN 1054 7 2JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 10
26 55 47 12MAR 10 57 3 2MAR 1067 3 2MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 10
BRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
417 96 27 3JUN 10 57 3 1JUN 10 81 2 4JUN 10417 96 27JUN 10 57JUN 10 81JUN 10417 96 27JUN 10 57JUN 10 81JUN 10
418 106 17 8MAR 10 61 7 2MAR 10 80 5 0MAR 10418 106 17MAR 10 61MAR 10 80MAR 10418 106 17MAR 10 61MAR 10 80MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST LAND SALES BUNDABERG LAND SALES TOWNSVILLE LAND SALESGOLD COAST LAND SALES TOWNSVILLE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
83 41 8 14JUN 10 44 4 0JUN 10 58 12 5JUN 1083 41 14JUN 10 44JUN 10 58 12JUN 10
67 38 5 14MAR 10 52 4 1MAR 10 62 11 3MAR 1067 38 14MAR 10 52MAR 10 62 11MAR 10
SUNSHINE COAST LAND SALES CAIRNS LAND SALESGLADSTONE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+
gold coast sunshine coast<$250,000 <$350,000 $350,000+
JUN 09 273 96 9 16 JUN 09 176 99 18 19 SEP 09 159 75 12 25 SEP 09 112 79 26 15 DEC 09JUN 10 5 1222 6047 815 11 5 DEC 09 JU 91N 10 68 28 14 56 8 3JUN 1081 1 3
66 61 13 15MAR 10 58 10 5MAR 1032 6 2MAR 10
26
54
55
49
47
36
12
15
MAR 10
JUN 10
BRISBANE CITY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
418
417
106
96
17
27
8
3
MAR 10
JUN 10
BRISBANE SURROUNDS' LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
67
83
38
41
5
8
14
14
MAR 10
JUN 10
GOLD COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
66
52
61
47
13
15
15
11
MAR 10
JUN 10
SUNSHINE COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
52
44
4
4
1
0
MAR 10
JUN 10
BUNDABERG LAND SALES<$250,000 <$350,000 $350,000+
58
56
10
8
5
3
MAR 10
JUN 10
CAIRNS LAND SALES<$250,000 <$350,000 $350,000+
61
57
7
3
2
1
MAR 10
JUN 10
FRASER COAST LAND SALES<$250,000 <$350,000 $350,000+
32
81
6
1
2
3
MAR 10
JUN 10
GLADSTONE LAND SALES<$250,000 <$350,000 $350,000+
62
58
11
12
3
5
MAR 10
JUN 10
TOWNSVILLE LAND SALES<$250,000 <$350,000 $350,000+
80
81
5
2
0
4
MAR 10
JUN 10
MACKAY LAND SALES<$250,000 <$350,000 $350,000+
57
67
3
4
2
0
MAR 10
JUN 10
ROCKHAMPTON LAND SALES<$250,000 <$350,000 $350,000+
67
54
3
7
2
2
MAR 10
JUN 10
TOOWOOMBA LAND SALES<$250,000 <$350,000 $350,000+
Median house and unit prices The Toowoomba residential property market was impacted by lower demand as well as sales at the affordable end of the market throughout the June quarter.
Toowoomba’s median house price decreased 6.3 per cent to $285,000 over the period. Over the year, however, it posted a 7.6 per cent increase.
The number of preliminary sales was down about 8 per cent over the quarter as buyers assessed the economic situation as well as a period of rapidly increasing interest rates.
Tighter lending criteria also prevented many would-be buyers from purchasing property, especially those that may be already highly-geared.
While the Toowoomba region is on track to benefit from the development of coal seam gas in the Surat Basin, the impact from this will certainly be over the long-term and thus has yet to spur a marked increase in market activity.
Savvy investors, however, are taking the opportunity to purchase property while it remains some of the most affordable of Queensland’s major regional centres.
The city’s more affordable western suburbs are catching the eye of buyers with preliminary sales numbers up substantially in Wilsonton, which recorded 20 more sales in the June quarter than it did in March.
Harlaxton, another affordable western suburb, recorded median house price growth of 9.4 per cent to $246,250 and was up 7.7 per cent over the year.
The median unit and townhouse price in Toowoomba decreased 6 per cent over the June quarter to $225,500. This result was due to the higher number of sales than usual of affordable stock occurring over the period.
Median land prices Toowoomba’s vacant urban land price decreased 4.8 per cent to $128,000 over the June quarter, but was up 17.3 per cent over the year, possibly due to the strong demand from first home buyers in the second half of 2009.
Sales over the year were also up due to land subdivisions at Glenvale and Wilsonton Heights.
Over the June quarter, there was little interest from builders or developers in this segment of the market possibly as it remains difficult for them to access the finance needed to fund new residential developments.
The State Government’s $4,000 regional first home owner bonus for building or buying a new home has had no positive impact on the market since it was introduced.
Median rents The median rent for a three-bedroom house increased $20 per week to $260 between June 2009 and June this year. The median rent for a two-bedroom unit was also up $20 to $200 per week over the same period.
The region continues to have a robust rental market given the steady stream of new residents settling in the area for work or study at the University of Southern Queensland.
Investor numbers have also reduced of late which will no doubt ensure that pressure remains on this segment of the market.
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 18
MARKETMONITORQ
UE
EN
SLA
ND
TOOWOOMBA REGIONAl
2 BEDROOM FLATS/UNITS
HOUSES 3 BEDROOM HOUSES
VACANT URBAN LAND
TOOWOOMBA (LGA) ~ 373 $285,000 -6.3% $289,500 7.6% 31.6%
TOOWOOMBA (LGA) ^ 70 $439,500 1.6% $432,750 13.9% 38.5%
CENTENARY HEIGHTS 23 $302,500 5.2% $297,000 7.0% 26.4%
CLIFTON 3 N/A N/A $195,000 N/A 43.6%
CROWS NEST ~ 10 $247,500 N/A $242,500 12.8% 42.6%
DARLING HEIGHTS 13 $312,000 -4.6% $295,000 7.3% 22.9%
EAST TOOWOOMBA ~ 12 $342,500 -6.4% $377,750 11.9% 45.3%
GLENVALE ~ 14 $315,500 -5.8% $325,000 10.9% 35.1%
HARLAXTON 8 $246,250 9.4% $242,500 7.7% 40.2%
HARRISTOWN 30 $266,750 1.1% $259,500 8.6% 33.1%
HIGHFIELDS ~ * 7 $412,500 -7.0% $424,500 6.8% 17.9%
HIGHFIELDS ^ 14 $429,500 0.5% $443,000 10.8% 27.7%
KEARNEYS SPRING ~ 17 $298,000 -6.6% $310,000 7.6% 21.6%
KINGSTHORPE 6 N/A N/A $265,000 5.6% 57.3%
MERINGANDAN WEST ^ ~ 5 $345,000 25.5% $306,000 -1.6% 27.5%
MIDDLE RIDGE ~ * 13 $405,000 -8.5% $440,000 8.6% 30.0%
MOUNT LOFTY ~ 12 $343,750 -5.8% $336,000 -0.7% 31.8%
NEWTOWN 37 $257,000 -1.5% $255,250 9.1% 37.4%
NORTH TOOWOOMBA 15 $260,000 6.8% $255,000 10.9% 35.5%
OAKEY 6 N/A N/A $215,000 7.5% 51.7%
PITTSWORTH 4 N/A N/A $277,500 8.3% 73.4%
RANGEVILLE ~ 32 $359,000 -5.5% $364,500 4.1% 30.6%
ROCKVILLE 11 $252,000 2.0% $249,000 5.4% 34.6%
SOUTH TOOWOOMBA 17 $265,000 4.6% $262,500 6.5% 34.6%
TOOWOOMBA CITY ~ 6 N/A N/A $253,000 -5.6% 19.5%
WESTBROOK 13 $400,000 4.6% $382,500 3.4% 25.4%
WILSONTON ~ 32 $279,500 -6.1% $279,000 13.9% 36.1%
WILSONTON HEIGHTS 4 N/A N/A $246,500 9.8% N/A
WYREEMA 7 $287,500 -0.9% $302,500 10.0% 55.1%
TOOWOOMBA (LGA) ~ * 76 $225,500 -6.0% $227,500 3.4% 34.6%
EAST TOOWOOMBA ~ 12 $270,000 -28.9% $270,000 28.6% 58.8%
KEARNEYS SPRING * 9 $225,000 -18.3% $239,000 -2.4% 23.2%
NEWTOWN ~ 8 $218,000 -3.1% $216,000 -4.0% 35.2%
RANGEVILLE 10 $257,150 N/A $307,500 12.6% 41.4%
SOUTH TOOWOOMBA 6 N/A N/A $231,750 10.4% 23.9%
TOOWOOMBA CITY ~ 8 $166,000 N/A N/A N/A N/A
WILSONTON ~ 4 N/A N/A $230,000 -1.7% 46.0%
TOOWOOMBA (LGA) * 63 $128,000 -4.5% $129,000 17.3% 42.8%
TOOWOOMBA (LGA) ^ ~ * 54 $150,500 -8.8% $160,000 11.1% 45.5%
GLENVALE * 14 $136,000 N/A $134,000 27.6% 53.6%
GLENVALE ^ 5 $169,000 N/A N/A N/A N/A
GOWRIE JUNCTION ^ 4 N/A N/A $135,000 N/A N/A
HARRISTOWN - N/A N/A $129,000 0.0% N/A
HIGHFIELDS * 8 $152,500 10.1% $136,500 8.8% 19.7%
HIGHFIELDS ^ * 5 $150,000 N/A $160,000 N/A 36.8%
KLEINTON 3 N/A N/A $131,500 N/A N/A
MERINGANDAN WEST * 6 $110,000 2.3% $107,500 N/A 65.4%
MIDDLE RIDGE * 1 N/A N/A $215,500 31.8% 45.4%
MOUNT LOFTY 5 $290,000 N/A N/A N/A N/A
OAKEY 5 $77,500 N/A N/A N/A N/A
WESTBROOK 3 N/A N/A $108,250 9.3% 17.7%
WILSONTON HEIGHTS - N/A N/A $130,000 N/A N/A
UNITS & TOWNHOUSES
Suburbs/Localities
Jun Qtr 2010NewBonds
Jun Qtr 2009Rent ($)
NewBonds
Rent ($)Po
stco
de
MEDIAN WEEKLY RENTSSuburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
MEDIAN SALES DATA
TOOWOOMBA REGIONAL COUNCIL AREA 260 599 240 644
4350 Newtown/ Rangeville/ Harristown/ Wilsonton/ etc. 265 438 250 493
4352 Highfields/ Meringandan/ Preston/ Withcott/ etc. 250 28 255 32
4355 Crows Nest/ Glenaven/ Jones Gully/ etc. 205 8 215 7
4356 Pittsworth/ Bongeen/ Stoneleigh/ etc. 220 30 200 22
4357 Millmerran/ Bringalily/ Stonehenge/ etc. 200 10 200 10
4359 Ascot/ Budgee/ Greenmount/ etc. 190 6 n.a. 2
4361 Back Plains/ Clifton/ Sandy Camp/ etc. 200 12 220 7
4400 Kingsthorpe 250 8 280 8
4401 Acland/ Biddeston/ Oakey/ etc. 225 35 220 33
4614 Neumgna/ Upper Yarraman/ Yarrman/ etc. 210 7 190 9
TOOWOOMBA REGIONAL COUNCIL AREA 200 308 180 314
4350 Newtown/ Rangeville/ Harristown/ Wilsonton/ etc. 205 282 180 290
4401 Acland/ Biddeston/ Oakey/ etc. 170 11 170 9
www.reiq.com.auIssue 7 - June Quarter 2010 page 19
MARKETMONITORQ
UE
EN
SLA
ND
SUNSHINE COAST REGIONAl
9
BRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALES ROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+
141141141141
881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10
127127127127
863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10
BRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+
775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10
839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10
INCLUDESINCLUDESINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALESGOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+
2020
417 364 54JUN 10 144 41 9JUN 10 159 198 55JUN 10417 364 54JUN 10 144 41JUN 10 159 198 55JUN 10
1616
434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10
SUNSHINE COAST HOUSE SALES CAIRNS HOUSE SALESGLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+
46 40
348 226JUN 10 139 118 43JUN 1064 109 25JUN 10
50 41MAR 10 120 158 40MAR 10MAR 10396 290 52 77 19
127
141
863
881
1259
1373
120
141
MAR 10
JUN 10
BRISBANE CITY HOUSE SALES<$350,000 <$500,000 <$1m $1m+
839
775
1147
1111
454
424
13
14
MAR 10
JUN 10
BRISBANE SURROUNDS' HOUSE SALES
<$350,000 <$500,000 <$1m $1m+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
16
20
434
417
422
364
58
54
MAR 10
JUN 10
GOLD COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
50
46
396
348
290
226
41
40
MAR 10
JUN 10
SUNSHINE COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
166
144
60
41
12
9
MAR 10
JUN 10
BUNDABERG HOUSE SALES<$350,000 <$500,000 $500,000+
120
139
158
118
40
43
MAR 10
JUN 10
CAIRNS HOUSE SALES<$350,000 <$500,000 $500,000+
193
182
80
48
10
15
MAR 10
JUN 10
FRASER COAST HOUSESALES<$350,000 <$500,000 $500,000+
52
64
77
109
19
25
MAR 10
JUN 10
GLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+
171
159
207
198
51
55
MAR 10
JUN 10
TOWNSVILLE HOUSE SALES<$350,000 <$500,000 $500,000+
62
70
183
150
46
51
MAR 10
JUN 10
MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+
164
128
72
62
29
25
MAR 10
JUN 10
ROCKHAMPTON HOUSE SALES<$350,000 <$500,000 $500,000+
274
272
101
88
33
13
MAR 10
JUN 10
TOOWOOMBA HOUSE SALES<$350,000 <$500,000 $500,000+
6
45
1
2
2 5
8
8
9
6
8
6
45
1
2
5
4
1
3
2 5
8
8
9
6
8
6
45
1
2
BRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
44444444
254 684 282 47JUN 10 16 12 10 4JUN 1047 22 5 2JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10
50505050
255 645 242 30MAR 10 10 21 12 6MAR 1043 21 10 1MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10
BRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+
102 224 110 45JUN 10 32 24 10 8JUN 10 14 12 9 8JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10
104 240 101 55MAR 10 13 15 2 5MAR 10 14 28 8 6MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALESGOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+
123 428 405 258 46JUN 10 28 14 4 3JUN 10 23 38 19 12JUN 10123 428 405 258 46JUN 10 28 14JUN 10 23 38 19 12JUN 10
99 415 407 278 91MAR 10 16 19 5 1MAR 10 26 59 30 14MAR 1099 415 407 278 91MAR 10 16 19MAR 10 26 59 30 14MAR 10
SUNSHINE COAST UNIT SALES CAIRNS UNIT SALESGLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
45 139 146 87 19JUN 10 80 69 30 25JUN 109 9 14 5JUN 10
44 163 145 100 23MAR 10 124 64 31 14MAR 1010 11 12 3MAR 10
50
44
255
254
645
684
242
282
30
47
MAR 10
JUN 10
BRISBANE CITY UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
104
102
240
224
101
110
55
45
MAR 10
JUN 10
BRISBANE SURROUNDS' UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
99
123
415
428
407
405
278
258
91
46
MAR 10
JUN 10
GOLD COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
44
45
163
139
145
146
100
87
23
19
MAR 10
JUN 10
SUNSHINE COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
16
28
19
14
5
4
1
3
MAR 10
JUN 10
BUNDABERG UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
124
80
64
69
31
30
14
25
MAR 10
JUN 10
CAIRNS UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
13
32
15
24
2
10
5
8
MAR 10
JUN 10
FRASER COAST UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
9
11
9
12
14
3
5
MAR 10
JUN 10
GLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
26
23
59
38
30
19
14
12
MAR 10
JUN 10
TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
14
14
28
12
8
9
6
8
MAR 10
JUN 10
MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
16
21
12
12
10
6
4
MAR 10
JUN 10
ROCKHAMPTON UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
43
47
21
22
10
5
1
2
MAR 10
JUN 10
TOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
3
4
2
0
3
7
2
2
8
3
7
3
2
1
5
2
0
4
3
4
2
0
3
7
2
2
8
3
5
8
4
4
1
0
BUNDABERG LAND SALES
7
3
2
1
3
5
5
2
0
4
3
4
2
0
3
7
2
2
BRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALES ROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+
54 49 36 15JUN 10 67 4 0JUN 1054 7 2JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 10
26 55 47 12MAR 10 57 3 2MAR 1067 3 2MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 10
BRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
417 96 27 3JUN 10 57 3 1JUN 10 81 2 4JUN 10417 96 27JUN 10 57JUN 10 81JUN 10417 96 27JUN 10 57JUN 10 81JUN 10
418 106 17 8MAR 10 61 7 2MAR 10 80 5 0MAR 10418 106 17MAR 10 61MAR 10 80MAR 10418 106 17MAR 10 61MAR 10 80MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST LAND SALES BUNDABERG LAND SALES TOWNSVILLE LAND SALESGOLD COAST LAND SALES TOWNSVILLE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
83 41 8 14JUN 10 44 4 0JUN 10 58 12 5JUN 1083 41 14JUN 10 44JUN 10 58 12JUN 10
67 38 5 14MAR 10 52 4 1MAR 10 62 11 3MAR 1067 38 14MAR 10 52MAR 10 62 11MAR 10
SUNSHINE COAST LAND SALES CAIRNS LAND SALESGLADSTONE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+
gold coast sunshine coast<$250,000 <$350,000 $350,000+
JUN 09 273 96 9 16 JUN 09 176 99 18 19 SEP 09 159 75 12 25 SEP 09 112 79 26 15 DEC 09JUN 10 5 1222 6047 815 11 5 DEC 09 JU 91N 10 68 28 14 56 8 3JUN 1081 1 3
66 61 13 15MAR 10 58 10 5MAR 1032 6 2MAR 10
26
54
55
49
47
36
12
15
MAR 10
JUN 10
BRISBANE CITY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
418
417
106
96
17
27
8
3
MAR 10
JUN 10
BRISBANE SURROUNDS' LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
67
83
38
41
5
8
14
14
MAR 10
JUN 10
GOLD COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
66
52
61
47
13
15
15
11
MAR 10
JUN 10
SUNSHINE COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
52
44
4
4
1
0
MAR 10
JUN 10
BUNDABERG LAND SALES<$250,000 <$350,000 $350,000+
58
56
10
8
5
3
MAR 10
JUN 10
CAIRNS LAND SALES<$250,000 <$350,000 $350,000+
61
57
7
3
2
1
MAR 10
JUN 10
FRASER COAST LAND SALES<$250,000 <$350,000 $350,000+
32
81
6
1
2
3
MAR 10
JUN 10
GLADSTONE LAND SALES<$250,000 <$350,000 $350,000+
62
58
11
12
3
5
MAR 10
JUN 10
TOWNSVILLE LAND SALES<$250,000 <$350,000 $350,000+
80
81
5
2
0
4
MAR 10
JUN 10
MACKAY LAND SALES<$250,000 <$350,000 $350,000+
57
67
3
4
2
0
MAR 10
JUN 10
ROCKHAMPTON LAND SALES<$250,000 <$350,000 $350,000+
67
54
3
7
2
2
MAR 10
JUN 10
TOOWOOMBA LAND SALES<$250,000 <$350,000 $350,000+
Median house and unit prices The Sunshine Coast has been buoyed by increasing consumer confidence over recent weeks with buyer enquiry and activity increasing.
The improved market conditions at present follow a June quarter described as being the bottom of the market.
The Sunshine Coast median house price decreased 1.3 per cent to $470,000 over the quarter and was up 5.6 per cent over the year. Preliminary house sales numbers were also down by about 15 per cent over the quarter.
Since that time, conditions have markedly brightened as buyers began to recognise that interest rates would likely remain steady over the short-term.
Agents are reporting increased buyers through open homes, investor interest strengthening, and activity at the top end of the market also taking place with a number of house sales between $3 million and $4 million occurring.
Aroona and Beerwah posted solid median house price growth over the quarter. Aroona’s median house price increased 4.1 per cent to $460,000 and Beerwah’s was up 4.2 per cent to $432,500. Both of these suburbs are attractive areas for first home buyers and investors given the variety of affordable stock available.
The Sunshine Coast median unit and townhouse price edged up 2.2 per cent to $373,000 over the quarter.
Agents are reporting steady demand with some multimillion-dollar sales in prestige unit developments.
There has also been increased interest from southern investors, especially Melbourne, over recent times.
Buderim’s median unit and townhouse price increased 2.5 per cent to $395,750 over the period. Buderim, located atop Buderim Mountain is approximately 10km inland from Mooloolaba and has evolved from a holiday destination to a bone fide desirable residential area over the past 10 years.
Caloundra’s median unit and townhouse price increased 5.9 per cent to $410,000 over the June quarter. Growing in popularity, Caloundra is an ideally located beach community offering great value for money in the accommodation stakes compared with its more pricey local neighbours such as Noosa Heads and Mooloolaba.
Median land prices The median price for Sunshine Coast vacant urban land increased 1.9 per cent to $265,000 over the June quarter.
For the period, the region recorded 125 preliminary land sales, down about 10 per cent on the previous quarter.
The Sunshine Coast continues to be impacted by the scarcity of vacant urban land available to sell.
Median rents The median rent for a two-bedroom unit on the Sunshine Coast increased $10 per week to $300 between June last year and June this year. The median rent for a three-bedroom house was up $20 per week to $370 over the same period.
The rental market remains in relatively good shape on the Sunshine Coast with a more balanced supply of stock for tenants to choose from. Vacancy rates are remaining low ensuring continued upward pressure on rents.
With investor activity starting to strengthen, and population growth for the region remaining robust, it is likely that the Sunshine Coast’s rental market will remain steady going forward.
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 20
MARKETMONITORQ
UE
EN
SLA
ND
SUNSHINE COAST REGIONAl
HOUSES
Suburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
MEDIAN SALES DATA MEDIAN SALES DATASuburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
SUNSHINE COAST (LGA) 660 $470,000 -1.3% $470,000 5.6% 23.0%
SUNSHINE COAST (LGA) ^ 143 $520,000 -7.1% $572,500 3.2% 29.2%
AROONA 9 $460,000 4.1% $440,000 4.5% 26.6%
BATTERY HILL 6 N/A N/A $410,000 3.8% 19.4%
BEERWAH 12 $432,500 4.2% $410,000 5.1% 53.0%
BLACK MOUNTAIN ^ 4 N/A N/A $505,000 N/A N/A
BLI BLI ~ 14 $398,625 -15.2% $405,000 6.9% 28.6%
BUDDINA 5 N/A N/A $605,000 4.8% 19.8%
BUDERIM 65 $521,000 2.2% $535,000 2.9% 27.4%
BUDERIM ^ ~ 5 $1,245,000 N/A $918,000 N/A 25.8%
BURNSIDE 3 N/A N/A $395,000 9.7% 45.2%
CALOUNDRA WEST 13 $430,000 -4.4% $429,000 3.4% 21.5%
COES CREEK 2 N/A N/A $380,000 5.3% 33.3%
COOLUM BEACH 20 $488,750 -2.3% $495,000 5.3% 23.8%
COOROY 9 $427,000 N/A $428,500 10.3% 39.3%
CURRIMUNDI 22 $437,000 0.5% $435,000 2.4% 20.2%
DOONAN ^ ~ 15 $870,000 22.2% $670,000 4.5% 15.0%
EUMUNDI ^ 6 $516,500 N/A $580,000 N/A 31.8%
GLASS HOUSE MOUNTAINS 8 $432,500 -0.6% $445,000 9.2% 50.1%
GLASS HOUSE MOUNTAINS ^ 2 N/A N/A $477,000 14.9% 12.8%
GOLDEN BEACH 12 $462,500 3.9% $457,500 5.2% 14.4%
KULUIN 5 N/A N/A $409,250 3.6% 32.0%
LAKE MACDONALD ^ ~ 2 N/A N/A $445,000 -1.7% 2.3%
LANDSBOROUGH 9 $382,500 N/A $370,000 2.8% 33.0%
LITTLE MOUNTAIN 28 $480,000 2.1% $470,000 2.5% 27.7%
MALENY ^ ~ 7 $630,000 -5.3% $665,000 N/A 33.7%
MALENY ~ 7 $570,000 28.8% $480,000 12.9% 50.0%
MARCOOLA 6 N/A N/A $495,000 15.1% 14.5%
MAROOCHYDORE ~ 24 $447,500 -8.2% $459,000 7.5% 22.7%
MERIDAN PLAINS ~ 6 N/A N/A $435,000 -1.7% 9.4%
MINYAMA f 6 N/A N/A $945,000 7.4% 12.5%
MOFFAT BEACH ~ f 6 N/A N/A $520,000 -5.9% 14.0%
MOOLOOLABA 11 $615,000 0.8% $615,000 13.3% 23.0%
MOOLOOLAH VALLEY ^ ~ 5 $520,000 14.9% $478,000 -16.1% 19.5%
MOUNT COOLUM ~ 11 $500,000 9.9% $462,500 -4.2% 15.9%
MOUNTAIN CREEK g 41 $515,000 5.5% $498,000 4.8% 24.5%
MUDJIMBA 1 N/A N/A $556,250 15.9% 32.4%
NAMBOUR 30 $340,500 -3.4% $350,000 3.5% 37.8%
NOOSA HEADS 12 $662,500 -1.1% $650,000 0.6% 12.1%
NOOSAVILLE f ~ 19 $550,000 -33.7% $722,500 1.0% -0.3%
PACIFIC PARADISE 4 N/A N/A $373,500 0.9% 31.3%
PALMWOODS ^ ~ g 2 N/A N/A $650,000 -8.1% N/A
PALMWOODS ~ 15 $487,000 3.6% $430,000 -2.3% 19.4%
PARREARRA ~ 11 $500,000 -9.1% $535,000 3.9% 10.6%
PEACHESTER ^ 4 N/A N/A $495,000 N/A N/A
PELICAN WATERS 23 $670,000 3.9% $632,500 7.2% 19.3%
PEREGIAN BEACH ~ f 8 $647,000 -5.2% $625,000 13.6% 11.0%
PEREGIAN SPRINGS 17 $515,000 -1.9% $527,000 1.7% N/A
POMONA ^ 4 N/A N/A $525,000 5.6% 41.9%
SIPPY DOWNS 31 $420,000 -4.5% $437,100 1.7% 24.9%
SUNRISE BEACH ~ 3 N/A N/A $559,250 -6.0% 4.5%
SUNSHINE BEACH f ~ 4 N/A N/A $1,231,250 65.8% 14.0%
TEWANTIN 27 $450,000 -2.0% $447,000 4.6% 24.2%
TWIN WATERS ~ 10 $666,000 N/A $651,500 -0.7% 18.5%
WARANA ~ 10 $457,500 -6.0% $482,450 2.1% 20.6%
WOOMBYE 7 $425,000 N/A $416,000 10.9% 35.9%
WURTULLA ~ f * 16 $478,500 -3.2% $462,000 12.7% 24.9%
YANDINA 2 N/A N/A $374,500 N/A 35.2%
YAROOMBA ~ * 4 N/A N/A $550,000 22.2% 27.9%
SUNSHINE COAST (LGA) 436 $373,000 2.2% $373,000 8.1% 11.3%
ALEXANDRA HEADLAND ~ 19 $315,500 -8.2% $335,000 8.1% 11.7%
BUDERIM 27 $395,750 3.5% $380,000 11.8% 30.7%
CALOUNDRA 25 $410,000 5.9% $405,000 8.0% 2.5%
CALOUNDRA WEST * 7 $350,000 N/A $340,000 13.7% 44.7%
COOLUM BEACH 20 $363,750 -1.0% $359,500 7.3% 1.1%
CURRIMUNDI 5 N/A N/A $364,500 5.7% N/A
GOLDEN BEACH ~ f 11 $355,000 -1.4% $360,000 -0.6% 9.8%
KINGS BEACH f 24 $435,125 6.1% $441,000 10.3% 28.8%
MARCOOLA * f 17 $352,000 -37.1% $397,500 30.3% 11.2%
MAROOCHYDORE 69 $350,000 -2.1% $365,000 7.4% 11.0%
MOOLOOLABA 37 $382,500 -1.9% $375,000 7.7% 7.1%
MOUNT COOLUM 5 N/A N/A $330,000 6.5% 0.0%
MOUNTAIN CREEK ~ f 5 N/A N/A $327,500 23.6% 36.5%
MUDJIMBA * 2 N/A N/A $365,000 -8.8% -19.4%
NAMBOUR * 13 $260,000 -16.1% $295,000 18.5% 71.5%
NOOSA HEADS - ~ * 26 $581,250 12.9% $618,250 11.9% -14.1%
NOOSAVILLE 21 $368,000 2.2% $390,000 9.9% 23.4%
PARREARRA * f 6 N/A N/A $397,750 -8.6% 14.6%
PELICAN WATERS 3 N/A N/A $465,000 6.9% N/A
PEREGIAN BEACH 4 N/A N/A $464,000 3.1% 15.7%
PEREGIAN SPRINGS - * 9 $417,900 5.8% $421,400 N/A N/A
SIPPY DOWNS * 6 N/A N/A $200,000 2.6% -8.0%
SUNRISE BEACH 3 N/A N/A $363,075 9.2% 9.9%
SUNSHINE BEACH ~ f 4 N/A N/A $525,000 -11.4% 0.0%
TEWANTIN ~ 6 N/A N/A $300,000 -2.4% 25.8%
WARANA 5 N/A N/A $327,000 5.5% 25.2%
SUNSHINE COAST (LGA) 125 $265,000 1.9% $252,500 8.1% 15.5%
SUNSHINE COAST (LGA) ^ ~ 40 $340,000 9.7% $362,500 6.6% 20.8%
BEERWAH * 11 $187,500 -5.8% $189,000 -0.5% 57.5%
BIRTINYA * 7 $285,000 N/A $305,750 N/A N/A
BLI BLI * 1 N/A N/A $245,000 N/A 43.9%
BUDERIM 8 $285,250 N/A $277,750 6.8% 11.1%
BURNSIDE 2 N/A N/A $185,250 7.4% 30.5%
COOLUM BEACH 8 $327,496 N/A $287,500 N/A N/A
GLASS HOUSE MOUNTAINS 1 N/A N/A $186,000 N/A 16.3%
KULUIN 1 N/A N/A $232,750 N/A N/A
LITTLE MOUNTAIN * 6 $249,000 -2.4% $250,000 -3.8% 29.5%
MALENY 7 $226,695 8.0% $223,848 0.4% 14.8%
MERIDAN PLAINS * 5 $275,000 17.1% $220,900 -14.0% N/A
MOUNT COOLUM * 3 N/A N/A $399,500 27.8% 19.3%
MOUNTAIN CREEK * 2 N/A N/A $240,500 5.9% N/A
NOOSAVILLE ~ * f 6 $335,000 N/A $350,000 22.8% N/A
PELICAN WATERS f 11 $340,000 1.5% $335,000 -0.8% -7.6%
PEREGIAN SPRINGS + * 10 $275,000 3.8% $265,000 -5.2% 0.0%
SIPPY DOWNS * 3 N/A N/A $227,750 16.8% 41.5%
WOOMBYE * 8 $265,000 17.1% $232,500 19.2% 40.9%
UNITS & TOWNHOUSES
VACANT URBAN LAND
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 21
MARKETMONITORQ
UE
EN
SLA
ND
SUNSHINE COAST REGIONAl
2 BEDROOM FLATS/UNITS continued
3 BEDROOM TOWNHOUSES
3 BEDROOM HOUSES
Suburbs/Localities
Jun Qtr 2010NewBonds
Jun Qtr 2009Rent ($)
NewBonds
Rent ($)Po
stco
de
MEDIAN WEEKLY RENTS
FRASER COAST REGIONAl
Suburbs/Localities
Jun Qtr 2010NewBonds
Jun Qtr 2009Rent ($)
NewBonds
Rent ($)Po
stco
de
MEDIAN WEEKLY RENTS
SUNSHINE COAST REGIONAL COUNCIL AREA 370 992 350 1,100
Caloundra (coastal region) 370 277 350 280
4551 Currimundi/ Golden Beach/ Moffat Beach/ etc. 360 134 350 165
4575 Bokarina/ Minyama/ Parrearra/ Wurtulla/ etc. 380 143 370 115
Caloundra (inland region) 330 89 320 98
4518 Glass House Mountains 320 8 320 13
4519 Beerwah/ Coochin Creek/ Peachester/ etc. 325 30 300 39
4550 Landsborough/ Mt Mellum 330 7 340 11
4552 Conondale/ Maleny/ Reesville/ Witta/ etc. 340 33 320 24
4553 Glenview/ Mooloolah Valley/ Palmview/ etc. 330 8 360 8
Maroochy (coastal region) 370 434 350 490
4555 Chevallum/ Hunchy/ Palmwoods 350 21 380 12
4556 Buderim/ Forest Glen/ Sippy Downs/ Tanawha/ etc. 375 86 360 123
4557 Mooloolaba/ Mountain Creek 390 43 375 47
4558 Kuluin/ Maroochydore 370 47 355 58
4559 Diddillibah/ Kiels Mountain/ Woombye/ etc. 350 8 340 11
4560 Bli Bli/ Burnside/ Montville/ Nambour/ etc. 350 94 320 93
4564 Marcoola/ Mudjimba/ Pacific Paradise/ etc. 375 40 350 46
4572 Alexandra Headland 360 5 350 12
4573 Coolum Beach/ Peregian Springs/ Yaroomba/ etc. 375 90 350 88
Maroochy (inland region) 350 40 350 51
4561 Ninderry/ North Arm/ Yandina/ Yandina Creek/ etc. 350 13 350 23
4562 Belli Park/ Doonan/ Eerwah Vale/ Eumundi/ etc. 380 22 375 21
Noosa (coastal region) 380 121 370 132
4565 Boreen Point/Cootharaba/ Tewantin/ etc. 370 55 350 68
4566 Noosaville 410 20 395 23
4567 Noosa Heads/ Sunrise Bch/ Sunshine Bch/ etc. 420 46 400 41
Noosa (inland region) 320 31 300 49
4563 Black Mountain/ Cooroy/ Lake Macdonald/ etc. 350 17 330 19
4568 Federal/ Pinbarren/ Pomona 295 9 290 17
SUNSHINE COAST REGIONAL COUNCIL AREA 300 870 290 898
Caloundra (coastal region) 295 209 290 213
4551 Currimundi/ Golden Beach/ Moffat Beach/ etc. 290 171 280 163
4575 Bokarina/ Minyama/ Parrearra/ Wurtulla/ etc. 350 38 345 50
Caloundra (inland region) 250 7 275 5
Maroochy (coastal region) 295 521 285 544
4556 Buderim/ Forest Glen/ Sippy Downs/ Tanawha/ etc. 280 34 260 25
4557 Mooloolaba/ Mountain Creek 285 94 280 112
4558 Kuluin/ Maroochydore 300 154 295 155
4559 Diddillibah/ Kiels Mountain/ Woombye/ etc. 270 13 235 6
4560 Bli Bli/ Burnside/ Montville/ Nambour/ etc. 240 48 230 49
4564 Marcoola/ Mudjimba/ Pacific Paradise/ etc. 330 49 300 59
4572 Alexandra Headland 320 58 300 59
4573 Coolum Beach/ Peregian Springs/ Yaroomba/ etc. 300 70 275 79
Maroochy (inland region) 250 6 260 9
4561 Ninderry/ North Arm/ Yandina/ Yandina Creek/ etc. 260 5 260 8
Noosa (coastal region) 320 120 320 124
4565 Boreen Point/Cootharaba/ Tewantin/ etc. 280 8 310 5
4566 Noosaville 320 44 320 50
4567 Noosa Heads/ Sunrise Bch/ Sunshine Bch/ etc. 320 68 320 69
Noosa (inland region) 230 7 n.a. 3
4563 Black Mountain/ Cooroy/ Lake Macdonald/ etc. 220 6 n.a. 1
SUNSHINE COAST REGIONAL COUNCIL AREA 360 146 360 105
Caloundra (coastal region) 350 25 320 23
4551 Currimundi/ Golden Beach/ Moffat Beach/ etc. 350 21 320 21
Caloundra (inland region) n.a. 1 n.a. 2
Maroochy (coastal region) 350 100 365 64
4556 Buderim/ Forest Glen/ Sippy Downs/ Tanawha/ etc. 375 30 370 16
4557 Mooloolaba/ Mountain Creek 350 12 n.a. 4
4558 Kuluin/ Maroochydore 320 24 350 9
4564 Marcoola/ Mudjimba/ Pacific Paradise/ etc. 370 9 380 17
4572 Alexandra Headland 400 5 n.a. 3
4573 Coolum Beach/ Peregian Springs/ Yaroomba/ etc. 330 15 340 8
Maroochy (inland region) n.a. 0 n.a. 0
Noosa (coastal region) 420 20 400 16
4566 Noosaville 420 12 380 8
4567 Noosa Heads/ Sunrise Bch/ Sunshine Bch/ etc. 440 6 420 8
Noosa (inland region) n.a. 0 n.a. 0
2 BEDROOM FLATS/UNITS
Median house and unit prices The Fraser Coast was impacted by slower sales over the June quarter, posting a median house price decrease of 5.4 per cent to $300,000. The median price of acreage homes, however, recorded a 13 per cent price rise to $421,000 over the same period.
Over the year, the Fraser Coast median house price increased 3.2 per cent.
There was a general feeling of uncertainty throughout the region over the quarter with this uneasiness impacting both the residential and commercial property market.
Agents reported lower buyer activity especially from investors.
The majority of sales were to local owner-occupiers and retirees relocating to the region for a sea change. The relative affordability of the Fraser Coast is still proving attractive to southern retirees.
During July and August, the market was further subdued by uncertainty surrounding the election.
A solid performer over the June quarter was Toogoom which posted a 4.7 per cent median house price increase to $337,500. The suburb is located halfway between Hervey Bay and Burrum Heads and has a consistent level of demand from buyers seeking a more rural, affordable beachside lifestyle within 15 minutes’ drive of the city.
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 22
MARKETMONITORQ
UE
EN
SLA
ND
FRASER COAST REGIONAl
HOUSES
Suburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
MEDIAN SALES DATA MEDIAN SALES DATASuburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
HOUSES continued
9
BRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALES ROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+
141141141141
881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10
127127127127
863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10
BRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+
775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10
839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10
INCLUDESINCLUDESINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALESGOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+
2020
417 364 54JUN 10 144 41 9JUN 10 159 198 55JUN 10417 364 54JUN 10 144 41JUN 10 159 198 55JUN 10
1616
434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10
SUNSHINE COAST HOUSE SALES CAIRNS HOUSE SALESGLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+
46 40
348 226JUN 10 139 118 43JUN 1064 109 25JUN 10
50 41MAR 10 120 158 40MAR 10MAR 10396 290 52 77 19
127
141
863
881
1259
1373
120
141
MAR 10
JUN 10
BRISBANE CITY HOUSE SALES<$350,000 <$500,000 <$1m $1m+
839
775
1147
1111
454
424
13
14
MAR 10
JUN 10
BRISBANE SURROUNDS' HOUSE SALES
<$350,000 <$500,000 <$1m $1m+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
16
20
434
417
422
364
58
54
MAR 10
JUN 10
GOLD COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
50
46
396
348
290
226
41
40
MAR 10
JUN 10
SUNSHINE COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
166
144
60
41
12
9
MAR 10
JUN 10
BUNDABERG HOUSE SALES<$350,000 <$500,000 $500,000+
120
139
158
118
40
43
MAR 10
JUN 10
CAIRNS HOUSE SALES<$350,000 <$500,000 $500,000+
193
182
80
48
10
15
MAR 10
JUN 10
FRASER COAST HOUSESALES<$350,000 <$500,000 $500,000+
52
64
77
109
19
25
MAR 10
JUN 10
GLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+
171
159
207
198
51
55
MAR 10
JUN 10
TOWNSVILLE HOUSE SALES<$350,000 <$500,000 $500,000+
62
70
183
150
46
51
MAR 10
JUN 10
MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+
164
128
72
62
29
25
MAR 10
JUN 10
ROCKHAMPTON HOUSE SALES<$350,000 <$500,000 $500,000+
274
272
101
88
33
13
MAR 10
JUN 10
TOOWOOMBA HOUSE SALES<$350,000 <$500,000 $500,000+
6
45
1
2
2 5
8
8
9
6
8
6
45
1
2
5
4
1
3
2 5
8
8
9
6
8
6
45
1
2
BRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
44444444
254 684 282 47JUN 10 16 12 10 4JUN 1047 22 5 2JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10
50505050
255 645 242 30MAR 10 10 21 12 6MAR 1043 21 10 1MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10
BRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+
102 224 110 45JUN 10 32 24 10 8JUN 10 14 12 9 8JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10
104 240 101 55MAR 10 13 15 2 5MAR 10 14 28 8 6MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALESGOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+
123 428 405 258 46JUN 10 28 14 4 3JUN 10 23 38 19 12JUN 10123 428 405 258 46JUN 10 28 14JUN 10 23 38 19 12JUN 10
99 415 407 278 91MAR 10 16 19 5 1MAR 10 26 59 30 14MAR 1099 415 407 278 91MAR 10 16 19MAR 10 26 59 30 14MAR 10
SUNSHINE COAST UNIT SALES CAIRNS UNIT SALESGLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
45 139 146 87 19JUN 10 80 69 30 25JUN 109 9 14 5JUN 10
44 163 145 100 23MAR 10 124 64 31 14MAR 1010 11 12 3MAR 10
50
44
255
254
645
684
242
282
30
47
MAR 10
JUN 10
BRISBANE CITY UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
104
102
240
224
101
110
55
45
MAR 10
JUN 10
BRISBANE SURROUNDS' UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
99
123
415
428
407
405
278
258
91
46
MAR 10
JUN 10
GOLD COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
44
45
163
139
145
146
100
87
23
19
MAR 10
JUN 10
SUNSHINE COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
16
28
19
14
5
4
1
3
MAR 10
JUN 10
BUNDABERG UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
124
80
64
69
31
30
14
25
MAR 10
JUN 10
CAIRNS UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
13
32
15
24
2
10
5
8
MAR 10
JUN 10
FRASER COAST UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
9
11
9
12
14
3
5
MAR 10
JUN 10
GLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
26
23
59
38
30
19
14
12
MAR 10
JUN 10
TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
14
14
28
12
8
9
6
8
MAR 10
JUN 10
MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
16
21
12
12
10
6
4
MAR 10
JUN 10
ROCKHAMPTON UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
43
47
21
22
10
5
1
2
MAR 10
JUN 10
TOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
3
4
2
0
3
7
2
2
8
3
7
3
2
1
5
2
0
4
3
4
2
0
3
7
2
2
8
3
5
8
4
4
1
0
BUNDABERG LAND SALES
7
3
2
1
3
5
5
2
0
4
3
4
2
0
3
7
2
2
BRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALES ROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+
54 49 36 15JUN 10 67 4 0JUN 1054 7 2JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 10
26 55 47 12MAR 10 57 3 2MAR 1067 3 2MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 10
BRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
417 96 27 3JUN 10 57 3 1JUN 10 81 2 4JUN 10417 96 27JUN 10 57JUN 10 81JUN 10417 96 27JUN 10 57JUN 10 81JUN 10
418 106 17 8MAR 10 61 7 2MAR 10 80 5 0MAR 10418 106 17MAR 10 61MAR 10 80MAR 10418 106 17MAR 10 61MAR 10 80MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST LAND SALES BUNDABERG LAND SALES TOWNSVILLE LAND SALESGOLD COAST LAND SALES TOWNSVILLE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
83 41 8 14JUN 10 44 4 0JUN 10 58 12 5JUN 1083 41 14JUN 10 44JUN 10 58 12JUN 10
67 38 5 14MAR 10 52 4 1MAR 10 62 11 3MAR 1067 38 14MAR 10 52MAR 10 62 11MAR 10
SUNSHINE COAST LAND SALES CAIRNS LAND SALESGLADSTONE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+
gold coast sunshine coast<$250,000 <$350,000 $350,000+
JUN 09 273 96 9 16 JUN 09 176 99 18 19 SEP 09 159 75 12 25 SEP 09 112 79 26 15 DEC 09JUN 10 5 1222 6047 815 11 5 DEC 09 JU 91N 10 68 28 14 56 8 3JUN 1081 1 3
66 61 13 15MAR 10 58 10 5MAR 1032 6 2MAR 10
26
54
55
49
47
36
12
15
MAR 10
JUN 10
BRISBANE CITY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
418
417
106
96
17
27
8
3
MAR 10
JUN 10
BRISBANE SURROUNDS' LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
67
83
38
41
5
8
14
14
MAR 10
JUN 10
GOLD COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
66
52
61
47
13
15
15
11
MAR 10
JUN 10
SUNSHINE COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
52
44
4
4
1
0
MAR 10
JUN 10
BUNDABERG LAND SALES<$250,000 <$350,000 $350,000+
58
56
10
8
5
3
MAR 10
JUN 10
CAIRNS LAND SALES<$250,000 <$350,000 $350,000+
61
57
7
3
2
1
MAR 10
JUN 10
FRASER COAST LAND SALES<$250,000 <$350,000 $350,000+
32
81
6
1
2
3
MAR 10
JUN 10
GLADSTONE LAND SALES<$250,000 <$350,000 $350,000+
62
58
11
12
3
5
MAR 10
JUN 10
TOWNSVILLE LAND SALES<$250,000 <$350,000 $350,000+
80
81
5
2
0
4
MAR 10
JUN 10
MACKAY LAND SALES<$250,000 <$350,000 $350,000+
57
67
3
4
2
0
MAR 10
JUN 10
ROCKHAMPTON LAND SALES<$250,000 <$350,000 $350,000+
67
54
3
7
2
2
MAR 10
JUN 10
TOOWOOMBA LAND SALES<$250,000 <$350,000 $350,000+
The region’s robust result for acreage properties, while partly impacted by the varying quality of stock sold, can be attributed to the variety of affordable large home sites available to buyers.
The Fraser Coast median unit and townhouse price decreased 4.5 per cent to $274,000 over the period.
This segment of the market continues to be impacted by an oversupply of properties with developers reducing their prices to attract buyers.
Median land prices The median price for vacant urban land increased 2.7 per cent to $154,500 over the June quarter.
The State Government’s first home owner’s regional grant of $4,000 to build or buy a new home has failed to attract much interest from buyers.
There remains an ample supply of affordable land in the region with house and land packages available in Hervey Bay for under $300,000.
Sales of lots sized between 600sqm and 945sqm in the Ocean Blue residential estate are continuing in Point Vernon as well as sales of existing stock in older estates throughout the region. Acreage land at Glenwood continues to sell well with 22 preliminary sales during the June quarter.
Median rents The median rent for a two-bedroom unit remained flat at $200 per week on the Fraser Coast between June 2009 and June this year. The median rent for a three-bedroom house increased marginally by $5 per week to $250 over the same period.
The rental market on the Fraser Coast continues to be well-balanced with a steady level of supply and demand.
In Hervey Bay, renters are leaning towards newer townhouses while in Maryborough the more affordable, older unit stock is continuing to be popular.
FRASER COAST (LGA) 245 $300,000 -5.4% $307,400 3.2% 25.5%
FRASER COAST (LGA) ^ ~ 38 $421,000 13.0% $380,000 0.0% 26.7%
BURRUM HEADS 3 N/A N/A $430,000 11.7% 32.3%
ELI WATERS ~ f 7 $325,000 -1.2% $325,000 -1.2% 25.0%
GLENWOOD ^ 3 N/A N/A $226,500 1.0% 56.2%
GRANVILLE ~ 4 N/A N/A $225,000 -10.7% 25.0%
KAWUNGAN ~ 13 $315,000 -10.3% $325,750 1.8% 5.1%
MARYBOROUGH 62 $230,000 -2.1% $235,000 0.0% 38.2%
PIALBA 7 $270,000 N/A $278,000 0.2% 10.3%
POINT VERNON 16 $312,750 -2.3% $315,000 2.6% 21.2%
SCARNESS ~ 8 $269,500 -17.7% $308,500 10.2% 21.0%
TINANA ^ 7 $446,000 N/A $442,500 15.5% 47.5%
TINANA ~ 10 $289,000 -11.1% $297,000 -1.8% 26.4%
TOOGOOM 10 $337,500 4.7% $331,250 3.5% 2.3%
TORQUAY ~ 8 $333,250 7.5% $316,000 -4.2% 14.9%
URANGAN * 22 $320,250 -0.7% $320,000 3.2% 16.4%
URRAWEEN ~ 35 $335,900 -1.2% $339,450 -3.2% 25.5%
WONDUNNA 10 $471,000 N/A $465,000 14.0% N/A
FRASER COAST (LGA) ~ f 74 $274,000 -4.5% $280,000 -2.1% 9.8%
MARYBOROUGH 7 $194,000 N/A N/A N/A N/A
PIALBA * 6 N/A N/A $316,500 13.6% 48.5%
SCARNESS ~ f 10 $152,500 N/A $255,000 -7.3% -13.6%
TORQUAY ~ f 10 $247,500 -7.3% $254,000 -12.0% 17.5%
URANGAN * 34 $325,000 3.2% $330,000 2.5% 7.3%
UNITS & TOWNHOUSES
www.reiq.com.auIssue 7 - June Quarter 2010 page 23
MARKETMONITORQ
UE
EN
SLA
ND
FRASER COAST REGIONAl
BUNDABERG REGIONAl
2 BEDROOM FLATS/UNITS
9
BRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALES ROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+
141141141141
881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10
127127127127
863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10
BRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+
775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10
839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10
INCLUDESINCLUDESINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALESGOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+
2020
417 364 54JUN 10 144 41 9JUN 10 159 198 55JUN 10417 364 54JUN 10 144 41JUN 10 159 198 55JUN 10
1616
434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10
SUNSHINE COAST HOUSE SALES CAIRNS HOUSE SALESGLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+
46 40
348 226JUN 10 139 118 43JUN 1064 109 25JUN 10
50 41MAR 10 120 158 40MAR 10MAR 10396 290 52 77 19
127
141
863
881
1259
1373
120
141
MAR 10
JUN 10
BRISBANE CITY HOUSE SALES<$350,000 <$500,000 <$1m $1m+
839
775
1147
1111
454
424
13
14
MAR 10
JUN 10
BRISBANE SURROUNDS' HOUSE SALES
<$350,000 <$500,000 <$1m $1m+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
16
20
434
417
422
364
58
54
MAR 10
JUN 10
GOLD COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
50
46
396
348
290
226
41
40
MAR 10
JUN 10
SUNSHINE COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
166
144
60
41
12
9
MAR 10
JUN 10
BUNDABERG HOUSE SALES<$350,000 <$500,000 $500,000+
120
139
158
118
40
43
MAR 10
JUN 10
CAIRNS HOUSE SALES<$350,000 <$500,000 $500,000+
193
182
80
48
10
15
MAR 10
JUN 10
FRASER COAST HOUSESALES<$350,000 <$500,000 $500,000+
52
64
77
109
19
25
MAR 10
JUN 10
GLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+
171
159
207
198
51
55
MAR 10
JUN 10
TOWNSVILLE HOUSE SALES<$350,000 <$500,000 $500,000+
62
70
183
150
46
51
MAR 10
JUN 10
MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+
164
128
72
62
29
25
MAR 10
JUN 10
ROCKHAMPTON HOUSE SALES<$350,000 <$500,000 $500,000+
274
272
101
88
33
13
MAR 10
JUN 10
TOOWOOMBA HOUSE SALES<$350,000 <$500,000 $500,000+
6
45
1
2
2 5
8
8
9
6
8
6
45
1
2
5
4
1
3
2 5
8
8
9
6
8
6
45
1
2
BRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
44444444
254 684 282 47JUN 10 16 12 10 4JUN 1047 22 5 2JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10
50505050
255 645 242 30MAR 10 10 21 12 6MAR 1043 21 10 1MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10
BRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+
102 224 110 45JUN 10 32 24 10 8JUN 10 14 12 9 8JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10
104 240 101 55MAR 10 13 15 2 5MAR 10 14 28 8 6MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALESGOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+
123 428 405 258 46JUN 10 28 14 4 3JUN 10 23 38 19 12JUN 10123 428 405 258 46JUN 10 28 14JUN 10 23 38 19 12JUN 10
99 415 407 278 91MAR 10 16 19 5 1MAR 10 26 59 30 14MAR 1099 415 407 278 91MAR 10 16 19MAR 10 26 59 30 14MAR 10
SUNSHINE COAST UNIT SALES CAIRNS UNIT SALESGLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
45 139 146 87 19JUN 10 80 69 30 25JUN 109 9 14 5JUN 10
44 163 145 100 23MAR 10 124 64 31 14MAR 1010 11 12 3MAR 10
50
44
255
254
645
684
242
282
30
47
MAR 10
JUN 10
BRISBANE CITY UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
104
102
240
224
101
110
55
45
MAR 10
JUN 10
BRISBANE SURROUNDS' UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
99
123
415
428
407
405
278
258
91
46
MAR 10
JUN 10
GOLD COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
44
45
163
139
145
146
100
87
23
19
MAR 10
JUN 10
SUNSHINE COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
16
28
19
14
5
4
1
3
MAR 10
JUN 10
BUNDABERG UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
124
80
64
69
31
30
14
25
MAR 10
JUN 10
CAIRNS UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
13
32
15
24
2
10
5
8
MAR 10
JUN 10
FRASER COAST UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
9
11
9
12
14
3
5
MAR 10
JUN 10
GLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
26
23
59
38
30
19
14
12
MAR 10
JUN 10
TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
14
14
28
12
8
9
6
8
MAR 10
JUN 10
MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
16
21
12
12
10
6
4
MAR 10
JUN 10
ROCKHAMPTON UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
43
47
21
22
10
5
1
2
MAR 10
JUN 10
TOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
VACANT URBAN LAND 3 BEDROOM HOUSES
Suburbs/Localities
Jun Qtr 2010NewBonds
Jun Qtr 2009Rent ($)
NewBonds
Rent ($)Po
stco
de
MEDIAN WEEKLY RENTSSuburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
MEDIAN SALES DATA
FRASER COAST (LGA) 61 $154,500 2.7% $155,000 4.7% 27.0%
FRASER COAST (LGA) ^ ~ * 42 $94,500 -10.4% $118,075 0.5% 127.1%
BURRUM HEADS 5 $152,000 N/A $151,750 1.2% 25.4%
GLENWOOD ^ * 22 $82,000 4.1% $80,000 0.0% 116.2%
OWANYILLA ^ * 6 $100,000 N/A N/A N/A N/A
RIVER HEADS ~ 5 $160,000 6.7% $150,000 -6.3% 25.0%
TOOGOOM * f 9 $145,000 -4.9% $145,000 8.2% 0.0%
URANGAN 5 $160,000 N/A N/A N/A N/A
URRAWEEN * 1 N/A N/A $162,500 -1.5% 29.0%
WONDUNNA 5 $178,000 N/A $166,770 -0.1% 14.3%
FRASER COAST REGIONAL COUNCIL AREA 250 346 245 419
4650 Maryborough region 240 121 230 148
4655 Hervey Bay/ Pialba/ Scarness/ Urangan 255 200 250 251
4659 Burrum/ Burrum Heads/ Howard 250 21 225 18
FRASER COAST REGIONAL COUNCIL AREA 200 198 200 190
4650 Maryborough region 180 48 160 53
4655 Hervey Bay/ Pialba/ Scarness/ Urangan 210 149 220 137
Median house and unit prices The Bundaberg residential property market was impacted by lower sales activity throughout the June quarter.
Its median house price increased 0.1 per cent to $285,250 over the quarter, and was up 2.5 per cent over the year.
REIQ accredited agents report a general lack of urgency from buyers with many content to sit on the sidelines until a clearer picture on the economy and interest rates emerged. Since the June quarter, there has been no increased activity even though interest rates have been hold since June.
Investors remained relatively active, however, with many searching for houses priced between $250,000 and $300,000.
Prospective buyers continue to be hamstrung by tighter lending criteria with agents reporting double the number of contracts falling through because of an inability to access finance. Lenders are continuing to require bigger deposits as well as more strict lending criteria across the board.
Suburbs to perform well over the quarter included Avenell and Svensson Heights.
Avenell Heights’ median house price increased 10 per cent to $293,000 over the period. The suburb is attractive to up-graders and is home to a large number of new homes.
The median house price in Svensson Heights increased 8.5 per cent to $280,000 over the quarter. Svensson Heights is an older suburb that has more affordable stock on large blocks. Given its affordability, the suburb is attractive to investors.
The median unit and townhouse price in Bundaberg decreased 6.2 per cent to $241,000 over the June quarter.
There remains an oversupply of units and townhouses in Bundaberg, with developers dropping their asking prices to move some of their stock. This segment of the market remains attractive to older buyers, retirees and down-sizers.
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 24
MARKETMONITORQ
UE
EN
SLA
ND
BUNDABERG REGIONAl
3 BEDROOM HOUSES
2 BEDROOM FLATS/UNITS
MEDIAN WEEKLY RENTSSuburbs/Localities
Jun Qtr 2010NewBonds
Jun Qtr 2009Rent ($)
NewBonds
Rent ($)Po
stco
de
HOUSES VACANT URBAN LAND
Suburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
MEDIAN SALES DATA MEDIAN SALES DATASuburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
3
4
2
0
3
7
2
2
8
3
7
3
2
1
5
2
0
4
3
4
2
0
3
7
2
2
8
3
5
8
4
4
1
0
BUNDABERG LAND SALES
7
3
2
1
3
5
5
2
0
4
3
4
2
0
3
7
2
2
BRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALES ROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+
54 49 36 15JUN 10 67 4 0JUN 1054 7 2JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 10
26 55 47 12MAR 10 57 3 2MAR 1067 3 2MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 10
BRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
417 96 27 3JUN 10 57 3 1JUN 10 81 2 4JUN 10417 96 27JUN 10 57JUN 10 81JUN 10417 96 27JUN 10 57JUN 10 81JUN 10
418 106 17 8MAR 10 61 7 2MAR 10 80 5 0MAR 10418 106 17MAR 10 61MAR 10 80MAR 10418 106 17MAR 10 61MAR 10 80MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST LAND SALES BUNDABERG LAND SALES TOWNSVILLE LAND SALESGOLD COAST LAND SALES TOWNSVILLE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
83 41 8 14JUN 10 44 4 0JUN 10 58 12 5JUN 1083 41 14JUN 10 44JUN 10 58 12JUN 10
67 38 5 14MAR 10 52 4 1MAR 10 62 11 3MAR 1067 38 14MAR 10 52MAR 10 62 11MAR 10
SUNSHINE COAST LAND SALES CAIRNS LAND SALESGLADSTONE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+
gold coast sunshine coast<$250,000 <$350,000 $350,000+
JUN 09 273 96 9 16 JUN 09 176 99 18 19 SEP 09 159 75 12 25 SEP 09 112 79 26 15 DEC 09JUN 10 5 1222 6047 815 11 5 DEC 09 JU 91N 10 68 28 14 56 8 3JUN 1081 1 3
66 61 13 15MAR 10 58 10 5MAR 1032 6 2MAR 10
26
54
55
49
47
36
12
15
MAR 10
JUN 10
BRISBANE CITY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
418
417
106
96
17
27
8
3
MAR 10
JUN 10
BRISBANE SURROUNDS' LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
67
83
38
41
5
8
14
14
MAR 10
JUN 10
GOLD COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
66
52
61
47
13
15
15
11
MAR 10
JUN 10
SUNSHINE COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
52
44
4
4
1
0
MAR 10
JUN 10
BUNDABERG LAND SALES<$250,000 <$350,000 $350,000+
58
56
10
8
5
3
MAR 10
JUN 10
CAIRNS LAND SALES<$250,000 <$350,000 $350,000+
61
57
7
3
2
1
MAR 10
JUN 10
FRASER COAST LAND SALES<$250,000 <$350,000 $350,000+
32
81
6
1
2
3
MAR 10
JUN 10
GLADSTONE LAND SALES<$250,000 <$350,000 $350,000+
62
58
11
12
3
5
MAR 10
JUN 10
TOWNSVILLE LAND SALES<$250,000 <$350,000 $350,000+
80
81
5
2
0
4
MAR 10
JUN 10
MACKAY LAND SALES<$250,000 <$350,000 $350,000+
57
67
3
4
2
0
MAR 10
JUN 10
ROCKHAMPTON LAND SALES<$250,000 <$350,000 $350,000+
67
54
3
7
2
2
MAR 10
JUN 10
TOOWOOMBA LAND SALES<$250,000 <$350,000 $350,000+
The affordable price of houses in the region means first home buyers generally buy an older home to renovate with the sellers then moving onto newer units and townhouses closer to the city.
Median land prices The median price for vacant urban land in Bundaberg decreased 3.2 per cent to $136,500 over the period. Over the year, the median price decreased by 0.7 per cent.
Uneasiness surrounding the economy, interest rates, and lately, the election has resulted in a marked decrease in the number of new homes being built in the region.
Median rents The median rent for a two-bedroom unit in Bundaberg increased $10 per week to $205 between June 2009 and June this year. The median rent for a three-bedroom house also increased by $10 per week to $260 over the same period.
Bundaberg’s rental market continues to be underpinned by migration to the region. The affordability of stock in the area, together with the reasonable solid rents being achieved, ensures that investors remain interested in buying in the Bundaberg region.
BUNDABERG (LGA) 194 $285,250 0.1% $282,000 2.5% 37.6%
BUNDABERG (LGA) ^ ~ 43 $300,000 -14.3% $345,000 11.3% 48.7%
AVENELL HEIGHTS 14 $293,000 10.0% $279,500 0.0% 36.3%
AVOCA ~ 13 $305,000 -8.1% $320,000 0.0% 37.9%
BARGARA ~ 17 $365,000 -19.3% $375,000 3.1% 31.0%
BRANYAN ^ 8 $356,000 3.2% $350,000 12.9% 30.1%
BUNDABERG EAST ~ 8 $278,500 7.7% $278,000 -1.1% 33.0%
BUNDABERG NORTH 9 $260,000 4.6% $247,000 0.8% 39.0%
BUNDABERG SOUTH 12 $260,000 N/A $260,000 7.3% 48.6%
BUNDABERG WEST ~ 7 $278,000 14.1% $266,500 -0.4% 40.3%
BURNETT HEADS ~ 10 $246,500 -11.2% $275,000 2.2% 31.0%
INNES PARK 7 $393,000 N/A $352,000 6.4% 25.7%
KALKIE ~ 8 $302,750 -18.2% $365,000 8.3% 52.1%
KEPNOCK 15 $285,000 1.4% $280,000 2.6% 40.0%
MILLBANK * 11 $340,000 44.7% $256,500 4.7% 37.2%
NORVILLE ~ 8 $214,000 -14.2% $236,000 -2.8% 36.8%
SVENSSON HEIGHTS 11 $280,000 8.5% $260,250 4.1% 44.6%
THABEBAN 6 N/A N/A $272,500 0.9% 36.3%
WALKERVALE 8 $250,000 10.6% $241,250 5.3% 43.6%
BUNDABERG (LGA) ~ * 49 $241,000 -6.2% $265,000 6.4% 23.3%
AVENELL HEIGHTS ~ * 4 N/A N/A $244,750 -1.7% N/A
BARGARA f * 12 $270,000 -16.5% $330,000 1.5% -20.5%
BUNDABERG NORTH * 7 $240,000 14.3% $240,000 -2.0% 17.1%
BUNDABERG WEST 7 $241,000 N/A $241,500 5.5% N/A
UNITS & TOWNHOUSES
BUNDABERG (LGA) ~ 48 $136,500 -3.2% $135,000 -0.7% 22.7%
BUNDABERG (LGA) ^ * f 23 $125,000 -21.4% $145,000 7.4% 101.4%
ASHFIELD 3 N/A N/A $130,000 N/A N/A
BARGARA ~ f 4 N/A N/A $160,000 -10.1% 23.1%
BRANYAN ^ * 4 N/A N/A $135,000 N/A 107.7%
BURNETT HEADS ~ f 5 $125,000 13.6% $110,000 -8.3% 10.0%
INNES PARK 2 N/A N/A $139,500 N/A 33.5%
KALKIE 7 $138,000 3.0% $130,000 N/A 36.8%
WOODGATE ~ 4 N/A N/A $135,000 -2.5% N/A
BUNDABERG REGIONAL COUNCIL AREA 260 345 250 383
4660 Apple Tree Creek/ Childers/ Woodgate 240 28 250 29
4670 Bundaberg/ Avoca/ Bargara/ Burnett Heads/ etc. 260 307 255 337
4671 Gin Gin/ Mount Perry 245 9 230 17
BUNDABERG REGIONAL COUNCIL AREA 205 203 195 188
4670 Bundaberg/ Avoca/ Bargara/ Burnett Heads/ etc. 205 203 195 185
www.reiq.com.auIssue 7 - June Quarter 2010 page 25
MARKETMONITORQ
UE
EN
SLA
ND
GlADSTONE REGIONAl
9
BRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALES ROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+
141141141141
881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10
127127127127
863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10
BRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+
775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10
839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10
INCLUDESINCLUDESINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALESGOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+
2020
417 364 54JUN 10 144 41 9JUN 10 159 198 55JUN 10417 364 54JUN 10 144 41JUN 10 159 198 55JUN 10
1616
434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10
SUNSHINE COAST HOUSE SALES CAIRNS HOUSE SALESGLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+
46 40
348 226JUN 10 139 118 43JUN 1064 109 25JUN 10
50 41MAR 10 120 158 40MAR 10MAR 10396 290 52 77 19
127
141
863
881
1259
1373
120
141
MAR 10
JUN 10
BRISBANE CITY HOUSE SALES<$350,000 <$500,000 <$1m $1m+
839
775
1147
1111
454
424
13
14
MAR 10
JUN 10
BRISBANE SURROUNDS' HOUSE SALES
<$350,000 <$500,000 <$1m $1m+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
16
20
434
417
422
364
58
54
MAR 10
JUN 10
GOLD COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
50
46
396
348
290
226
41
40
MAR 10
JUN 10
SUNSHINE COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
166
144
60
41
12
9
MAR 10
JUN 10
BUNDABERG HOUSE SALES<$350,000 <$500,000 $500,000+
120
139
158
118
40
43
MAR 10
JUN 10
CAIRNS HOUSE SALES<$350,000 <$500,000 $500,000+
193
182
80
48
10
15
MAR 10
JUN 10
FRASER COAST HOUSESALES<$350,000 <$500,000 $500,000+
52
64
77
109
19
25
MAR 10
JUN 10
GLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+
171
159
207
198
51
55
MAR 10
JUN 10
TOWNSVILLE HOUSE SALES<$350,000 <$500,000 $500,000+
62
70
183
150
46
51
MAR 10
JUN 10
MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+
164
128
72
62
29
25
MAR 10
JUN 10
ROCKHAMPTON HOUSE SALES<$350,000 <$500,000 $500,000+
274
272
101
88
33
13
MAR 10
JUN 10
TOOWOOMBA HOUSE SALES<$350,000 <$500,000 $500,000+
6
45
1
2
2 5
8
8
9
6
8
6
45
1
2
5
4
1
3
2 5
8
8
9
6
8
6
45
1
2
BRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
44444444
254 684 282 47JUN 10 16 12 10 4JUN 1047 22 5 2JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10
50505050
255 645 242 30MAR 10 10 21 12 6MAR 1043 21 10 1MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10
BRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+
102 224 110 45JUN 10 32 24 10 8JUN 10 14 12 9 8JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10
104 240 101 55MAR 10 13 15 2 5MAR 10 14 28 8 6MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALESGOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+
123 428 405 258 46JUN 10 28 14 4 3JUN 10 23 38 19 12JUN 10123 428 405 258 46JUN 10 28 14JUN 10 23 38 19 12JUN 10
99 415 407 278 91MAR 10 16 19 5 1MAR 10 26 59 30 14MAR 1099 415 407 278 91MAR 10 16 19MAR 10 26 59 30 14MAR 10
SUNSHINE COAST UNIT SALES CAIRNS UNIT SALESGLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
45 139 146 87 19JUN 10 80 69 30 25JUN 109 9 14 5JUN 10
44 163 145 100 23MAR 10 124 64 31 14MAR 1010 11 12 3MAR 10
50
44
255
254
645
684
242
282
30
47
MAR 10
JUN 10
BRISBANE CITY UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
104
102
240
224
101
110
55
45
MAR 10
JUN 10
BRISBANE SURROUNDS' UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
99
123
415
428
407
405
278
258
91
46
MAR 10
JUN 10
GOLD COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
44
45
163
139
145
146
100
87
23
19
MAR 10
JUN 10
SUNSHINE COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
16
28
19
14
5
4
1
3
MAR 10
JUN 10
BUNDABERG UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
124
80
64
69
31
30
14
25
MAR 10
JUN 10
CAIRNS UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
13
32
15
24
2
10
5
8
MAR 10
JUN 10
FRASER COAST UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
9
11
9
12
14
3
5
MAR 10
JUN 10
GLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
26
23
59
38
30
19
14
12
MAR 10
JUN 10
TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
14
14
28
12
8
9
6
8
MAR 10
JUN 10
MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
16
21
12
12
10
6
4
MAR 10
JUN 10
ROCKHAMPTON UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
43
47
21
22
10
5
1
2
MAR 10
JUN 10
TOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
3
4
2
0
3
7
2
2
8
3
7
3
2
1
5
2
0
4
3
4
2
0
3
7
2
2
8
3
5
8
4
4
1
0
BUNDABERG LAND SALES
7
3
2
1
3
5
5
2
0
4
3
4
2
0
3
7
2
2
BRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALES ROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+
54 49 36 15JUN 10 67 4 0JUN 1054 7 2JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 10
26 55 47 12MAR 10 57 3 2MAR 1067 3 2MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 10
BRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
417 96 27 3JUN 10 57 3 1JUN 10 81 2 4JUN 10417 96 27JUN 10 57JUN 10 81JUN 10417 96 27JUN 10 57JUN 10 81JUN 10
418 106 17 8MAR 10 61 7 2MAR 10 80 5 0MAR 10418 106 17MAR 10 61MAR 10 80MAR 10418 106 17MAR 10 61MAR 10 80MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST LAND SALES BUNDABERG LAND SALES TOWNSVILLE LAND SALESGOLD COAST LAND SALES TOWNSVILLE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
83 41 8 14JUN 10 44 4 0JUN 10 58 12 5JUN 1083 41 14JUN 10 44JUN 10 58 12JUN 10
67 38 5 14MAR 10 52 4 1MAR 10 62 11 3MAR 1067 38 14MAR 10 52MAR 10 62 11MAR 10
SUNSHINE COAST LAND SALES CAIRNS LAND SALESGLADSTONE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+
gold coast sunshine coast<$250,000 <$350,000 $350,000+
JUN 09 273 96 9 16 JUN 09 176 99 18 19 SEP 09 159 75 12 25 SEP 09 112 79 26 15 DEC 09JUN 10 5 1222 6047 815 11 5 DEC 09 JU 91N 10 68 28 14 56 8 3JUN 1081 1 3
66 61 13 15MAR 10 58 10 5MAR 1032 6 2MAR 10
26
54
55
49
47
36
12
15
MAR 10
JUN 10
BRISBANE CITY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
418
417
106
96
17
27
8
3
MAR 10
JUN 10
BRISBANE SURROUNDS' LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
67
83
38
41
5
8
14
14
MAR 10
JUN 10
GOLD COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
66
52
61
47
13
15
15
11
MAR 10
JUN 10
SUNSHINE COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
52
44
4
4
1
0
MAR 10
JUN 10
BUNDABERG LAND SALES<$250,000 <$350,000 $350,000+
58
56
10
8
5
3
MAR 10
JUN 10
CAIRNS LAND SALES<$250,000 <$350,000 $350,000+
61
57
7
3
2
1
MAR 10
JUN 10
FRASER COAST LAND SALES<$250,000 <$350,000 $350,000+
32
81
6
1
2
3
MAR 10
JUN 10
GLADSTONE LAND SALES<$250,000 <$350,000 $350,000+
62
58
11
12
3
5
MAR 10
JUN 10
TOWNSVILLE LAND SALES<$250,000 <$350,000 $350,000+
80
81
5
2
0
4
MAR 10
JUN 10
MACKAY LAND SALES<$250,000 <$350,000 $350,000+
57
67
3
4
2
0
MAR 10
JUN 10
ROCKHAMPTON LAND SALES<$250,000 <$350,000 $350,000+
67
54
3
7
2
2
MAR 10
JUN 10
TOOWOOMBA LAND SALES<$250,000 <$350,000 $350,000+
Median house and unit prices The Gladstone region held its own despite a number of negative influences throughout the June quarter.
While its median house price decreased 2.9 per cent to $370,000 over the quarter, it was flat over the year.
Agents reported steady activity even though economic uncertainty and the proposed mining tax were unsettling buyers. Indeed, the region was one of the few areas to post an increase in the number of preliminary house sales over the period.
One buyer-type not afraid to purchase property was investors who continued to show strong interest in the region, specifically those from other areas impacted by mining and LNG. Investors are confident about the future of the Gladstone region, in particular, the growth of LNG.
While there has been no official word on the status of the development of LNG in the region, possibly due to the election, it is understood that the creation of a workers camp on Curtis Island is starting to take shape.
Agents are expecting buyer enquiry to steadily increase in the months leading up to Christmas with demand next year likely to be stronger still.
Boyne Island recorded a 4.5 median house price rise to $415,000 over the quarter and continues to be an attractive lifestyle suburb for mine workers and their families.
West Gladstone posted a 5.4 per cent median house price increase to $377,500 over the period. West Gladstone is a popular conveniently-located suburb that appeals to buyers wishing to renovate older homes.
The Gladstone unit and townhouse price experienced a substantial median price jump over the period after a significant price drop the previous quarter. The varying quality of stock sold over these two periods impacted the median price.
Affordable units are in short supply given they are snapped up very quickly by investors and first home buyers; therefore, there has been a trend towards new townhouse stock priced above $400,000.
Median land prices The median price of vacant urban land in Gladstone increased 2 per cent to $180,000 over the quarter. Over the year, it increased 2.9 per cent.
Optimism about the region’s future has resulted in builders buying large tracts of available land to develop as Gladstone’s population grows and demand increases in the months and years ahead.
The development of master-planned community, Emmadale Gardens in Kirkwood, has been under way since 2008 and is continuing to attract buyers, as is a new land release in the Gecko Valley Estate in Glen Eden.
Median rents The median rent for a two-bedroom unit in Gladstone decreased $10 per week to $230 between June 2009 and June this year. The median rent for a three-bedroom house was flat at $300 over the same period.
Agents reported steady rents over the June quarter itself, however, with demand still strong from an ever-increasing number of workers relocating to the region. Vacancy rates are constrained however the robust number of active investors will continue to add to the pool of existing stock.
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 26
MARKETMONITORQ
UE
EN
SLA
ND
GlADSTONE REGIONAl
ROCKHAMPTON REGIONAl
3 BEDROOM HOUSES
2 BEDROOM FLATS/UNITS
HOUSES VACANT URBAN LAND
UNITS & TOWNHOUSES
MEDIAN WEEKLY RENTSSuburbs/Localities
Jun Qtr 2010NewBonds
Jun Qtr 2009Rent ($)
NewBonds
Rent ($)Po
stco
de
Suburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
MEDIAN SALES DATA MEDIAN SALES DATASuburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
9
BRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALES ROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+
141141141141
881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10
127127127127
863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10
BRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+
775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10
839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10
INCLUDESINCLUDESINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALESGOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+
2020
417 364 54JUN 10 144 41 9JUN 10 159 198 55JUN 10417 364 54JUN 10 144 41JUN 10 159 198 55JUN 10
1616
434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10
SUNSHINE COAST HOUSE SALES CAIRNS HOUSE SALESGLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+
46 40
348 226JUN 10 139 118 43JUN 1064 109 25JUN 10
50 41MAR 10 120 158 40MAR 10MAR 10396 290 52 77 19
127
141
863
881
1259
1373
120
141
MAR 10
JUN 10
BRISBANE CITY HOUSE SALES<$350,000 <$500,000 <$1m $1m+
839
775
1147
1111
454
424
13
14
MAR 10
JUN 10
BRISBANE SURROUNDS' HOUSE SALES
<$350,000 <$500,000 <$1m $1m+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
16
20
434
417
422
364
58
54
MAR 10
JUN 10
GOLD COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
50
46
396
348
290
226
41
40
MAR 10
JUN 10
SUNSHINE COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
166
144
60
41
12
9
MAR 10
JUN 10
BUNDABERG HOUSE SALES<$350,000 <$500,000 $500,000+
120
139
158
118
40
43
MAR 10
JUN 10
CAIRNS HOUSE SALES<$350,000 <$500,000 $500,000+
193
182
80
48
10
15
MAR 10
JUN 10
FRASER COAST HOUSESALES<$350,000 <$500,000 $500,000+
52
64
77
109
19
25
MAR 10
JUN 10
GLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+
171
159
207
198
51
55
MAR 10
JUN 10
TOWNSVILLE HOUSE SALES<$350,000 <$500,000 $500,000+
62
70
183
150
46
51
MAR 10
JUN 10
MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+
164
128
72
62
29
25
MAR 10
JUN 10
ROCKHAMPTON HOUSE SALES<$350,000 <$500,000 $500,000+
274
272
101
88
33
13
MAR 10
JUN 10
TOOWOOMBA HOUSE SALES<$350,000 <$500,000 $500,000+
GLADSTONE (LGA) 198 $370,000 -2.9% $370,000 0.0% 67.6%
GLADSTONE (LGA) ^ ~ 18 $495,000 10.6% $455,000 7.1% 58.3%
AGNES WATER ^ ~ f 2 N/A N/A $460,000 21.7% 70.4%
BOYNE ISLAND ~ 21 $415,000 4.5% $402,500 -1.0% 59.7%
CALLIOPE ~ * 19 $358,000 -9.3% $368,250 -3.1% 104.6%
CLINTON ~ 30 $368,769 2.4% $370,000 -1.3% 55.3%
GLEN EDEN ~ * 12 $421,000 -17.5% $437,500 0.8% N/A
KIN KORA ~ 18 $370,000 -5.1% $360,000 -0.6% N/A
NEW AUCKLAND ~ 21 $350,000 -2.8% $373,500 -3.7% N/A
SOUTH GLADSTONE 13 $360,000 N/A $340,000 4.6% N/A
TANNUM SANDS 12 $435,000 -4.0% $476,000 8.2% 58.7%
TELINA * 7 $450,000 13.2% $426,000 12.5% N/A
WEST GLADSTONE 22 $377,500 5.4% $335,000 3.1% N/A
GLADSTONE (LGA) - ~ f 36 $337,500 19.7% $293,000 1.9% 70.3%
AGNES WATER - f 5 N/A N/A $400,000 N/A -24.1%
SOUTH GLADSTONE * 10 $260,000 N/A $226,000 -10.3% N/A
GLADSTONE (LGA) 85 $180,000 2.0% $180,000 2.9% 89.5%
GLADSTONE (LGA) ^ ~ 28 $185,000 0.0% $192,000 -2.4% 74.5%
AGNES WATER * f 2 N/A N/A $202,500 N/A -19.0%
BOYNE ISLAND * f 15 $196,000 N/A $200,000 N/A 94.2%
BURUA ^ 5 $230,000 N/A N/A N/A N/A
CALLIOPE * 28 $155,000 14.8% $155,000 6.9% 157.3%
CALLIOPE ^ 8 $185,000 N/A $185,000 N/A N/A
GLEN EDEN * 10 $185,000 N/A $181,000 N/A 54.0%
KIRKWOOD * 15 $184,300 0.2% $178,000 -5.8% N/A
GLADSTONE REGIONAL COUNCIL AREA 300 248 300 215
4677 Agnes Water/ Miriam Vale 280 15 250 11
4680 Gladstone/ Boyne Island/ Clinton/ Kin Kora/ etc. 305 225 300 197
GLADSTONE REGIONAL COUNCIL AREA 230 166 240 150
4680 Gladstone/ Boyne Island/ Clinton/ Kin Kora/ etc. 230 162 240 148
Median house and unit prices The ambiguity of the recent political scene has created uncertainty amongst potential buyers in the Rockhampton market.
The median house price in Rockhampton decreased by 1.5 per cent to $320,000 over the June quarter and was up 5.1 per cent over the year.
REIQ accredited agents in the area are reporting the number of sales to be down; however, the price hasn’t been affected too much.
As with the rest of the State, first-home buyers left the market on 31 December last year when the First Home Owners Boost ended.
The Rockhampton property market is yet to notice the impact of the state government’s regional First Home Owner Grant with agents reporting the presence of first-timers only in small numbers.
One of the only suburbs in the region experiencing positive growth without a varying quality of stock affecting the figures was Kawana. Roughly five kilometres north of the city centre, the affordable Kawana increased its median price by 3.3 per cent to $310,000 for the June quarter.
While the number of preliminary sales were up in Norman Gardens, its median dropped by 3.1 per cent. Being a reasonably new area, and therefore one of the most popular, the slight decline would be due to a slight varying quality of stock with some homes having picturesque views.
The Range, one of Rockhampton’s more established, prestige suburbs with timeless Queenslanders, experienced a median house price jump of 14.8 per cent to $410,000. This is mainly attributed to the varying quality of stock sold.
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 27
MARKETMONITORQ
UE
EN
SLA
ND
ROCKHAMPTON REGIONAl
HOUSES
Suburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
MEDIAN SALES DATA MEDIAN SALES DATASuburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
6
45
1
2
2 5
8
8
9
6
8
6
45
1
2
5
4
1
3
2 5
8
8
9
6
8
6
45
1
2
BRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
44444444
254 684 282 47JUN 10 16 12 10 4JUN 1047 22 5 2JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10
50505050
255 645 242 30MAR 10 10 21 12 6MAR 1043 21 10 1MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10
BRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+
102 224 110 45JUN 10 32 24 10 8JUN 10 14 12 9 8JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10
104 240 101 55MAR 10 13 15 2 5MAR 10 14 28 8 6MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALESGOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+
123 428 405 258 46JUN 10 28 14 4 3JUN 10 23 38 19 12JUN 10123 428 405 258 46JUN 10 28 14JUN 10 23 38 19 12JUN 10
99 415 407 278 91MAR 10 16 19 5 1MAR 10 26 59 30 14MAR 1099 415 407 278 91MAR 10 16 19MAR 10 26 59 30 14MAR 10
SUNSHINE COAST UNIT SALES CAIRNS UNIT SALESGLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
45 139 146 87 19JUN 10 80 69 30 25JUN 109 9 14 5JUN 10
44 163 145 100 23MAR 10 124 64 31 14MAR 1010 11 12 3MAR 10
50
44
255
254
645
684
242
282
30
47
MAR 10
JUN 10
BRISBANE CITY UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
104
102
240
224
101
110
55
45
MAR 10
JUN 10
BRISBANE SURROUNDS' UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
99
123
415
428
407
405
278
258
91
46
MAR 10
JUN 10
GOLD COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
44
45
163
139
145
146
100
87
23
19
MAR 10
JUN 10
SUNSHINE COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
16
28
19
14
5
4
1
3
MAR 10
JUN 10
BUNDABERG UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
124
80
64
69
31
30
14
25
MAR 10
JUN 10
CAIRNS UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
13
32
15
24
2
10
5
8
MAR 10
JUN 10
FRASER COAST UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
9
11
9
12
14
3
5
MAR 10
JUN 10
GLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
26
23
59
38
30
19
14
12
MAR 10
JUN 10
TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
14
14
28
12
8
9
6
8
MAR 10
JUN 10
MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
16
21
12
12
10
6
4
MAR 10
JUN 10
ROCKHAMPTON UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
43
47
21
22
10
5
1
2
MAR 10
JUN 10
TOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
3
4
2
0
3
7
2
2
8
3
7
3
2
1
5
2
0
4
3
4
2
0
3
7
2
2
8
3
5
8
4
4
1
0
BUNDABERG LAND SALES
7
3
2
1
3
5
5
2
0
4
3
4
2
0
3
7
2
2
BRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALES ROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+
54 49 36 15JUN 10 67 4 0JUN 1054 7 2JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 10
26 55 47 12MAR 10 57 3 2MAR 1067 3 2MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 10
BRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
417 96 27 3JUN 10 57 3 1JUN 10 81 2 4JUN 10417 96 27JUN 10 57JUN 10 81JUN 10417 96 27JUN 10 57JUN 10 81JUN 10
418 106 17 8MAR 10 61 7 2MAR 10 80 5 0MAR 10418 106 17MAR 10 61MAR 10 80MAR 10418 106 17MAR 10 61MAR 10 80MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST LAND SALES BUNDABERG LAND SALES TOWNSVILLE LAND SALESGOLD COAST LAND SALES TOWNSVILLE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
83 41 8 14JUN 10 44 4 0JUN 10 58 12 5JUN 1083 41 14JUN 10 44JUN 10 58 12JUN 10
67 38 5 14MAR 10 52 4 1MAR 10 62 11 3MAR 1067 38 14MAR 10 52MAR 10 62 11MAR 10
SUNSHINE COAST LAND SALES CAIRNS LAND SALESGLADSTONE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+
gold coast sunshine coast<$250,000 <$350,000 $350,000+
JUN 09 273 96 9 16 JUN 09 176 99 18 19 SEP 09 159 75 12 25 SEP 09 112 79 26 15 DEC 09JUN 10 5 1222 6047 815 11 5 DEC 09 JU 91N 10 68 28 14 56 8 3JUN 1081 1 3
66 61 13 15MAR 10 58 10 5MAR 1032 6 2MAR 10
26
54
55
49
47
36
12
15
MAR 10
JUN 10
BRISBANE CITY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
418
417
106
96
17
27
8
3
MAR 10
JUN 10
BRISBANE SURROUNDS' LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
67
83
38
41
5
8
14
14
MAR 10
JUN 10
GOLD COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
66
52
61
47
13
15
15
11
MAR 10
JUN 10
SUNSHINE COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
52
44
4
4
1
0
MAR 10
JUN 10
BUNDABERG LAND SALES<$250,000 <$350,000 $350,000+
58
56
10
8
5
3
MAR 10
JUN 10
CAIRNS LAND SALES<$250,000 <$350,000 $350,000+
61
57
7
3
2
1
MAR 10
JUN 10
FRASER COAST LAND SALES<$250,000 <$350,000 $350,000+
32
81
6
1
2
3
MAR 10
JUN 10
GLADSTONE LAND SALES<$250,000 <$350,000 $350,000+
62
58
11
12
3
5
MAR 10
JUN 10
TOWNSVILLE LAND SALES<$250,000 <$350,000 $350,000+
80
81
5
2
0
4
MAR 10
JUN 10
MACKAY LAND SALES<$250,000 <$350,000 $350,000+
57
67
3
4
2
0
MAR 10
JUN 10
ROCKHAMPTON LAND SALES<$250,000 <$350,000 $350,000+
67
54
3
7
2
2
MAR 10
JUN 10
TOOWOOMBA LAND SALES<$250,000 <$350,000 $350,000+
The Rockhampton unit and townhouse median price slumped 2.9 per cent to $276,750; although its median increased by 4.2 per cent over the year ending June 2010.
Agents in the area believe this segment of the market is impacted by investors – who seem to have gone missing over the June quarter.
Median land prices The median price of vacant urban land in Rockhampton eased during the June quarter with existing (or established) homes being a more attractive and affordable option to buyers.
The median price of vacant urban land decreased by 7.3 per cent over the June quarter to $139,000, and was up 0.7 per cent over the year.
Gracemere experienced a 21.1 per cent median price growth over the quarter mainly due to new house and land packages, and townhouse development at Chatterton Park Estate.
This suburb, just nine kilometres west of the city, has become a dormitory town with many residents commuting to work.
The increase in preliminary sales numbers in Gracemere, where land is relatively more affordable, contributed to the region’s easing in overall median land price.
Median rents The median rent for a two-bedroom unit in Rockhampton increased by $20 per week to $230 between June last year and June this year. The median rent for a three-bedroom house also increased by $10 per week to $290 over the same period.
Rockhampton’s rental market has remained solid and seemingly unaffected by current economic conditions, with agents reporting stronger demand over recent months.
The most expensive postcode to rent in is 4703 (Cooee Bay/ Rosslyn/ Taranganba/ Yeppoon/) increasing its rent for a three-bedroom house by $20 per week to $320 over the year.
ROCKHAMPTON (LGA) 215 $320,000 -1.5% $315,250 5.1% 89.9%
ROCKHAMPTON (LGA) ^ ~ 39 $430,000 -9.0% $430,000 -1.0% 73.0%
ALLENSTOWN ~ 8 $300,000 7.1% $269,500 13.5% 95.3%
BERSERKER ~ 23 $230,000 -9.1% $235,000 -2.6% 80.8%
EMU PARK 4 N/A N/A $341,000 9.1% 42.1%
FRENCHVILLE ~ 17 $325,000 -5.8% $330,000 3.1% 76.5%
GRACEMERE ~ 11 $340,000 2.3% $324,000 -3.3% 85.1%
GRACEMERE ^ 3 N/A N/A $385,000 N/A 57.1%
KAWANA 9 $310,000 3.3% $300,000 1.0% 75.4%
KOONGAL 5 N/A N/A $274,000 5.4% 86.4%
LAMMERMOOR + * f 5 N/A N/A $469,000 -1.3% 55.0%
MOUNT MORGAN 5 N/A N/A $147,000 10.9% 127.9%
NORMAN GARDENS 28 $402,000 -3.1% $405,000 7.4% 80.8%
PARK AVENUE 4 N/A N/A $269,500 9.8% 88.5%
ROCKHAMPTON CITY 5 N/A N/A $220,000 10.0% 109.5%
ROCKYVIEW ^ 5 $480,000 N/A N/A N/A N/A
TARANGANBA 6 N/A N/A $387,500 4.7% 50.5%
THE RANGE ~ 15 $410,000 14.8% $370,000 12.3% 96.0%
WANDAL 13 $267,000 -1.1% $285,000 3.1% 75.1%
WEST ROCKHAMPTON 4 N/A N/A $256,500 1.5% 85.2%
YEPPOON ~ f 13 $370,000 2.8% $347,000 -0.9% 33.5%
ROCKHAMPTON (LGA) - * 32 $276,750 -2.9% $276,000 4.2% 70.9%
ROSSLYN - N/A N/A $235,000 N/A N/A
YEPPOON - * 7 $350,000 -1.8% $325,000 10.2% 51.7%
ROCKHAMPTON (LGA) ~ * 71 $139,000 -7.3% $146,000 0.7% 47.5%
ROCKHAMPTON (LGA) ^ * 20 $192,000 N/A $226,000 22.2% 169.0%
GRACEMERE * 30 $133,250 21.1% $110,000 -4.3% 100.0%
LAMMERMOOR + * 4 N/A N/A $150,000 N/A N/A
MULAMBIN + * 5 $145,000 N/A $155,000 N/A 14.8%
NORMAN GARDENS 1 N/A N/A $170,000 3.0% 78.0%
ROCKYVIEW ^ * 3 N/A N/A $220,000 N/A 158.8%
ROSSLYN 5 $180,000 N/A $164,000 N/A N/A
TAROOMBALL 1 N/A N/A $150,000 N/A N/A
YEPPOON * 6 $150,500 4.5% $150,000 -14.3% 42.9%
ZILZIE * f 14 $187,500 -14.8% $160,000 -4.5% 25.0%
UNITS & TOWNHOUSES
VACANT URBAN LAND
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 28
MARKETMONITORQ
UE
EN
SLA
ND
ROCKHAMPTON REGIONAl
MACKAY REGIONAl
3 BEDROOM HOUSES
2 BEDROOM FLATS/UNITS
9
BRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALES ROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+
141141141141
881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10
127127127127
863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10
BRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+
775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10
839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10
INCLUDESINCLUDESINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALESGOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+
2020
417 364 54JUN 10 144 41 9JUN 10 159 198 55JUN 10417 364 54JUN 10 144 41JUN 10 159 198 55JUN 10
1616
434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10
SUNSHINE COAST HOUSE SALES CAIRNS HOUSE SALESGLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+
46 40
348 226JUN 10 139 118 43JUN 1064 109 25JUN 10
50 41MAR 10 120 158 40MAR 10MAR 10396 290 52 77 19
127
141
863
881
1259
1373
120
141
MAR 10
JUN 10
BRISBANE CITY HOUSE SALES<$350,000 <$500,000 <$1m $1m+
839
775
1147
1111
454
424
13
14
MAR 10
JUN 10
BRISBANE SURROUNDS' HOUSE SALES
<$350,000 <$500,000 <$1m $1m+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
16
20
434
417
422
364
58
54
MAR 10
JUN 10
GOLD COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
50
46
396
348
290
226
41
40
MAR 10
JUN 10
SUNSHINE COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
166
144
60
41
12
9
MAR 10
JUN 10
BUNDABERG HOUSE SALES<$350,000 <$500,000 $500,000+
120
139
158
118
40
43
MAR 10
JUN 10
CAIRNS HOUSE SALES<$350,000 <$500,000 $500,000+
193
182
80
48
10
15
MAR 10
JUN 10
FRASER COAST HOUSESALES<$350,000 <$500,000 $500,000+
52
64
77
109
19
25
MAR 10
JUN 10
GLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+
171
159
207
198
51
55
MAR 10
JUN 10
TOWNSVILLE HOUSE SALES<$350,000 <$500,000 $500,000+
62
70
183
150
46
51
MAR 10
JUN 10
MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+
164
128
72
62
29
25
MAR 10
JUN 10
ROCKHAMPTON HOUSE SALES<$350,000 <$500,000 $500,000+
274
272
101
88
33
13
MAR 10
JUN 10
TOOWOOMBA HOUSE SALES<$350,000 <$500,000 $500,000+
6
45
1
2
2 5
8
8
9
6
8
6
45
1
2
5
4
1
3
2 5
8
8
9
6
8
6
45
1
2
BRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
44444444
254 684 282 47JUN 10 16 12 10 4JUN 1047 22 5 2JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10
50505050
255 645 242 30MAR 10 10 21 12 6MAR 1043 21 10 1MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10
BRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+
102 224 110 45JUN 10 32 24 10 8JUN 10 14 12 9 8JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10
104 240 101 55MAR 10 13 15 2 5MAR 10 14 28 8 6MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALESGOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+
123 428 405 258 46JUN 10 28 14 4 3JUN 10 23 38 19 12JUN 10123 428 405 258 46JUN 10 28 14JUN 10 23 38 19 12JUN 10
99 415 407 278 91MAR 10 16 19 5 1MAR 10 26 59 30 14MAR 1099 415 407 278 91MAR 10 16 19MAR 10 26 59 30 14MAR 10
SUNSHINE COAST UNIT SALES CAIRNS UNIT SALESGLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
45 139 146 87 19JUN 10 80 69 30 25JUN 109 9 14 5JUN 10
44 163 145 100 23MAR 10 124 64 31 14MAR 1010 11 12 3MAR 10
50
44
255
254
645
684
242
282
30
47
MAR 10
JUN 10
BRISBANE CITY UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
104
102
240
224
101
110
55
45
MAR 10
JUN 10
BRISBANE SURROUNDS' UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
99
123
415
428
407
405
278
258
91
46
MAR 10
JUN 10
GOLD COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
44
45
163
139
145
146
100
87
23
19
MAR 10
JUN 10
SUNSHINE COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
16
28
19
14
5
4
1
3
MAR 10
JUN 10
BUNDABERG UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
124
80
64
69
31
30
14
25
MAR 10
JUN 10
CAIRNS UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
13
32
15
24
2
10
5
8
MAR 10
JUN 10
FRASER COAST UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
9
11
9
12
14
3
5
MAR 10
JUN 10
GLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
26
23
59
38
30
19
14
12
MAR 10
JUN 10
TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
14
14
28
12
8
9
6
8
MAR 10
JUN 10
MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
16
21
12
12
10
6
4
MAR 10
JUN 10
ROCKHAMPTON UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
43
47
21
22
10
5
1
2
MAR 10
JUN 10
TOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
Suburbs/Localities
Jun Qtr 2010NewBonds
Jun Qtr 2009Rent ($)
NewBonds
Rent ($)Po
stco
de
MEDIAN WEEKLY RENTS
3
4
2
0
3
7
2
2
8
3
7
3
2
1
5
2
0
4
3
4
2
0
3
7
2
2
8
3
5
8
4
4
1
0
BUNDABERG LAND SALES
7
3
2
1
3
5
5
2
0
4
3
4
2
0
3
7
2
2
BRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALES ROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+
54 49 36 15JUN 10 67 4 0JUN 1054 7 2JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 10
26 55 47 12MAR 10 57 3 2MAR 1067 3 2MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 10
BRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
417 96 27 3JUN 10 57 3 1JUN 10 81 2 4JUN 10417 96 27JUN 10 57JUN 10 81JUN 10417 96 27JUN 10 57JUN 10 81JUN 10
418 106 17 8MAR 10 61 7 2MAR 10 80 5 0MAR 10418 106 17MAR 10 61MAR 10 80MAR 10418 106 17MAR 10 61MAR 10 80MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST LAND SALES BUNDABERG LAND SALES TOWNSVILLE LAND SALESGOLD COAST LAND SALES TOWNSVILLE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
83 41 8 14JUN 10 44 4 0JUN 10 58 12 5JUN 1083 41 14JUN 10 44JUN 10 58 12JUN 10
67 38 5 14MAR 10 52 4 1MAR 10 62 11 3MAR 1067 38 14MAR 10 52MAR 10 62 11MAR 10
SUNSHINE COAST LAND SALES CAIRNS LAND SALESGLADSTONE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+
gold coast sunshine coast<$250,000 <$350,000 $350,000+
JUN 09 273 96 9 16 JUN 09 176 99 18 19 SEP 09 159 75 12 25 SEP 09 112 79 26 15 DEC 09JUN 10 5 1222 6047 815 11 5 DEC 09 JU 91N 10 68 28 14 56 8 3JUN 1081 1 3
66 61 13 15MAR 10 58 10 5MAR 1032 6 2MAR 10
26
54
55
49
47
36
12
15
MAR 10
JUN 10
BRISBANE CITY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
418
417
106
96
17
27
8
3
MAR 10
JUN 10
BRISBANE SURROUNDS' LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
67
83
38
41
5
8
14
14
MAR 10
JUN 10
GOLD COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
66
52
61
47
13
15
15
11
MAR 10
JUN 10
SUNSHINE COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
52
44
4
4
1
0
MAR 10
JUN 10
BUNDABERG LAND SALES<$250,000 <$350,000 $350,000+
58
56
10
8
5
3
MAR 10
JUN 10
CAIRNS LAND SALES<$250,000 <$350,000 $350,000+
61
57
7
3
2
1
MAR 10
JUN 10
FRASER COAST LAND SALES<$250,000 <$350,000 $350,000+
32
81
6
1
2
3
MAR 10
JUN 10
GLADSTONE LAND SALES<$250,000 <$350,000 $350,000+
62
58
11
12
3
5
MAR 10
JUN 10
TOWNSVILLE LAND SALES<$250,000 <$350,000 $350,000+
80
81
5
2
0
4
MAR 10
JUN 10
MACKAY LAND SALES<$250,000 <$350,000 $350,000+
57
67
3
4
2
0
MAR 10
JUN 10
ROCKHAMPTON LAND SALES<$250,000 <$350,000 $350,000+
67
54
3
7
2
2
MAR 10
JUN 10
TOOWOOMBA LAND SALES<$250,000 <$350,000 $350,000+
ROCKHAMPTON REGIONAL COUNCIL AREA 290 408 280 414
4700 Allenstown/ Depot Hill/ Rockhampton City/ etc. 280 100 270 93
4701 Berserker/ Park Avenue/ Norman Gardens/ etc. 285 167 280 171
4702 Coowonga/ Keppel Sands/ The Caves/ etc. 280 50 270 45
4703 Cooee Bay/ Rosslyn/ Taranganba/ Yeppoon/ etc. 320 62 300 77
4710 Emu Park/ Zilzie 290 17 280 18
4714 Mount Morgan 150 11 160 8
ROCKHAMPTON REGIONAL COUNCIL AREA 230 241 210 218
4700 Allenstown/ Depot Hill/ Rockhampton City/ etc. 240 61 220 44
4701 Berserker/ Park Avenue/ Norman Gardens/ etc. 215 110 205 134
4703 Cooee Bay/ Rosslyn/ Taranganba/ Yeppoon/ etc. 270 61 255 35
Median house and unit prices The Mackay residential property market was hampered by a number of negative influences throughout the June quarter and beyond.
The median house price in Mackay decreased 2 per cent to $395,000 over the June quarter and was up 3.9 per cent over the year.
The region was hit by a cyclone and heavy rains in March and April this year, while the cumulative effect of multiple interest rate rises also started to bite from April. The proposed mining tax resulted in nervousness amongst buyers from early May and the end of the financial year also slowed the market. Then the election period kept even more buyers on the sidelines.
Agents are reporting that the impact of these factors combined meant the Mackay market has been all but dormant. Investors and first home buyers have dried up, and a stricter lending criterion is continuing to make it difficult for buyers to access finance.
The most predominant buyers at present are mums and dads who are selling their existing homes for about $350,000 and buying in the $450,000 to $550,000 price bracket. Some sellers are downsizing from high-sets to low-sets.
Solid performers over the June quarter were Glenella, Slade Point and South Mackay.
Glenella recorded 6.6 per cent median house price growth to $525,000 over the period. Glenella is a popular suburb that is also home to the prestigious Northview Gardens residential estate.
Slade Point’s median house price increased 4.1 per cent to $382,500 over the quarter. Slade Point is located along the foreshore and is home to a variety of beachfront properties.
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 29
MARKETMONITORQ
UE
EN
SLA
ND
MACKAY REGIONAl
3 BEDROOM HOUSES
MEDIAN WEEKLY RENTSSuburbs/Localities
Jun Qtr 2010NewBonds
Jun Qtr 2009Rent ($)
NewBonds
Rent ($)Po
stco
de
UNITS & TOWNHOUSES
HOUSES VACANT URBAN LAND
Suburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
MEDIAN SALES DATA MEDIAN SALES DATASuburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
South Mackay’s median house price grew 4.7 per cent to $361,250. The suburb continues to be very popular with buyers partly due to the rarity of residential properties in the south and east of Mackay.
Mackay’s median unit and townhouse price increased 10.4 per cent to $330,000 over the quarter. This segment of the market has been impacted by the sales of units in new complexes as developers try to off-load stagnant stock.
Median land prices The median price of vacant urban land in Mackay increased 0.1 per cent to $180,500 over the quarter, and was up 5.9 per cent over the year.
The relatively high price of land in Mackay is continuing to constrain this segment of the market. Mackay now has the most unaffordable land outside of South East Queensland. Indeed median land prices in Greater Brisbane are only marginally more expensive than in Mackay.
There has been some new land releases on the Northern Beaches which are offering reasonably-sized and reasonably-priced blocks.
Median rents The median rent for both two-bedroom units and three-bedroom houses in Mackay remained unchanged between June last year and June this year, staying at $280 and $375 per week respectively.
Mackay’s rental market was considered to be in relatively poor shape at the beginning of the year with a number of vacant properties, and the re-appearance of For Let/Rent signboards – a sight not seen in the region for a few years.
Since that time, however, the rental market has stabilised with agents reporting stronger demand over recent months.
MACKAY (LGA) 271 $395,000 -2.0% $398,000 3.9% 50.2%
MACKAY (LGA) ^ 29 $499,000 -5.0% $487,500 3.7% 62.9%
ANDERGROVE 32 $387,500 -1.9% $395,000 3.9% 48.5%
BEACONSFIELD 5 N/A N/A $407,500 4.5% 46.8%
BLACKS BEACH 2 N/A N/A $456,250 -1.1% 42.6%
BUCASIA 13 $450,000 2.0% $422,500 7.2% 49.8%
EAST MACKAY 13 $420,000 -0.7% $369,000 -0.3% 35.3%
EIMEO 10 $450,000 4.7% $447,750 6.6% 45.4%
GLENELLA 15 $525,000 6.6% $500,000 4.7% 37.0%
MACKAY 8 $377,250 0.6% $360,500 -1.2% 38.9%
MARIAN ~ * 7 $363,000 -22.8% $410,550 3.9% 120.1%
MOUNT PLEASANT ~ 18 $493,500 18.9% $444,250 11.1% 38.2%
NORTH MACKAY 23 $345,000 2.6% $335,000 0.7% 48.9%
OORALEA 9 $439,000 N/A $433,250 -5.2% 54.7%
RURAL VIEW 9 $461,000 N/A $449,000 4.8% 41.9%
SARINA 15 $278,000 N/A $303,500 1.2% 92.7%
SEAFORTH 7 $320,000 N/A N/A N/A N/A
SHOAL POINT 5 N/A N/A $490,000 N/A 31.2%
SLADE POINT 10 $382,500 4.1% $360,000 1.4% 50.0%
SOUTH MACKAY 24 $361,250 4.7% $352,500 3.7% 49.4%
WALKERSTON ~ 7 $484,000 5.2% $472,500 19.6% 72.6%
WEST MACKAY 13 $385,000 1.3% $369,000 1.1% 47.6%
MACKAY (LGA) * f 43 $330,000 10.4% $306,750 7.3% 67.2%
MACKAY * f 15 $389,500 41.6% $275,000 0.0% 61.8%
NORTH MACKAY * 4 N/A N/A $280,000 12.9% 77.5%
SOUTH MACKAY ~ 6 N/A N/A $300,000 18.8% 87.5%
MACKAY (LGA) 87 $180,500 0.1% $180,000 5.9% 52.5%
MACKAY (LGA) ^ 17 $377,500 N/A $265,000 0.0% 90.6%
BLACKS BEACH * 5 $193,000 N/A $189,000 1.6% 40.0%
BUCASIA * 10 $166,000 2.5% $164,500 -0.5% 28.1%
GLENELLA - N/A N/A $230,000 4.6% 84.0%
MARIAN * 11 $150,000 1.4% $149,000 2.8% 80.6%
OORALEA * 17 $185,500 2.3% $183,000 -1.6% N/A
RURAL VIEW * 18 $192,500 -10.5% $189,000 2.2% 50.0%
SARINA * 5 $165,000 N/A $165,000 -5.7% N/A
WALKERSTON * 7 $195,000 N/A $177,500 18.3% 81.1%
MACKAY REGIONAL COUNCIL AREA 375 328 375 355
4737 Sarina/ Sarina Beach/ Armstrong Beach 330 19 370 33
4740 Andergrove/ Beaconsfield/ Mackay/ Ooralea/ etc. 380 254 380 270
4741 Ball Bay/ Eton/ Farleigh/ Pleystowe/ Seaforth/ etc. 340 13 300 15
4750 Bucasia/ Shoal Point 380 18 380 18
4751 Greenmount/ Palmyra/ Victoria Plains/ Walkerston 365 8 350 11
MACKAY REGIONAL COUNCIL AREA 280 239 280 230
4737 Sarina/ Sarina Beach/ Armstrong Beach 230 13 215 10
4740 Andergrove/ Beaconsfield/ Mackay/ Ooralea/ etc. 289 215 285 200
4750 Bucasia/ Shoal Point 250 8 260 10
MACKAY REGIONAL COUNCIL AREA 400 17 460 10
4740 Andergrove/ Beaconsfield/ Mackay/ Ooralea/ etc. 400 16 460 9
2 BEDROOM FLATS/UNITS
3 BEDROOM TOWNHOUSES
www.reiq.com.auIssue 7 - June Quarter 2010 page 30
MARKETMONITORQ
UE
EN
SLA
ND
TOWNSVIllE REGIONAl
9
BRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALES ROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+
141141141141
881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10
127127127127
863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10
BRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+
775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10
839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10
INCLUDESINCLUDESINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALESGOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+
2020
417 364 54JUN 10 144 41 9JUN 10 159 198 55JUN 10417 364 54JUN 10 144 41JUN 10 159 198 55JUN 10
1616
434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10
SUNSHINE COAST HOUSE SALES CAIRNS HOUSE SALESGLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+
46 40
348 226JUN 10 139 118 43JUN 1064 109 25JUN 10
50 41MAR 10 120 158 40MAR 10MAR 10396 290 52 77 19
127
141
863
881
1259
1373
120
141
MAR 10
JUN 10
BRISBANE CITY HOUSE SALES<$350,000 <$500,000 <$1m $1m+
839
775
1147
1111
454
424
13
14
MAR 10
JUN 10
BRISBANE SURROUNDS' HOUSE SALES
<$350,000 <$500,000 <$1m $1m+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
16
20
434
417
422
364
58
54
MAR 10
JUN 10
GOLD COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
50
46
396
348
290
226
41
40
MAR 10
JUN 10
SUNSHINE COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
166
144
60
41
12
9
MAR 10
JUN 10
BUNDABERG HOUSE SALES<$350,000 <$500,000 $500,000+
120
139
158
118
40
43
MAR 10
JUN 10
CAIRNS HOUSE SALES<$350,000 <$500,000 $500,000+
193
182
80
48
10
15
MAR 10
JUN 10
FRASER COAST HOUSESALES<$350,000 <$500,000 $500,000+
52
64
77
109
19
25
MAR 10
JUN 10
GLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+
171
159
207
198
51
55
MAR 10
JUN 10
TOWNSVILLE HOUSE SALES<$350,000 <$500,000 $500,000+
62
70
183
150
46
51
MAR 10
JUN 10
MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+
164
128
72
62
29
25
MAR 10
JUN 10
ROCKHAMPTON HOUSE SALES<$350,000 <$500,000 $500,000+
274
272
101
88
33
13
MAR 10
JUN 10
TOOWOOMBA HOUSE SALES<$350,000 <$500,000 $500,000+
6
45
1
2
2 5
8
8
9
6
8
6
45
1
2
5
4
1
3
2 5
8
8
9
6
8
6
45
1
2
BRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
44444444
254 684 282 47JUN 10 16 12 10 4JUN 1047 22 5 2JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10
50505050
255 645 242 30MAR 10 10 21 12 6MAR 1043 21 10 1MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10
BRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+
102 224 110 45JUN 10 32 24 10 8JUN 10 14 12 9 8JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10
104 240 101 55MAR 10 13 15 2 5MAR 10 14 28 8 6MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALESGOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+
123 428 405 258 46JUN 10 28 14 4 3JUN 10 23 38 19 12JUN 10123 428 405 258 46JUN 10 28 14JUN 10 23 38 19 12JUN 10
99 415 407 278 91MAR 10 16 19 5 1MAR 10 26 59 30 14MAR 1099 415 407 278 91MAR 10 16 19MAR 10 26 59 30 14MAR 10
SUNSHINE COAST UNIT SALES CAIRNS UNIT SALESGLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
45 139 146 87 19JUN 10 80 69 30 25JUN 109 9 14 5JUN 10
44 163 145 100 23MAR 10 124 64 31 14MAR 1010 11 12 3MAR 10
50
44
255
254
645
684
242
282
30
47
MAR 10
JUN 10
BRISBANE CITY UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
104
102
240
224
101
110
55
45
MAR 10
JUN 10
BRISBANE SURROUNDS' UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
99
123
415
428
407
405
278
258
91
46
MAR 10
JUN 10
GOLD COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
44
45
163
139
145
146
100
87
23
19
MAR 10
JUN 10
SUNSHINE COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
16
28
19
14
5
4
1
3
MAR 10
JUN 10
BUNDABERG UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
124
80
64
69
31
30
14
25
MAR 10
JUN 10
CAIRNS UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
13
32
15
24
2
10
5
8
MAR 10
JUN 10
FRASER COAST UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
9
11
9
12
14
3
5
MAR 10
JUN 10
GLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
26
23
59
38
30
19
14
12
MAR 10
JUN 10
TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
14
14
28
12
8
9
6
8
MAR 10
JUN 10
MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
16
21
12
12
10
6
4
MAR 10
JUN 10
ROCKHAMPTON UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
43
47
21
22
10
5
1
2
MAR 10
JUN 10
TOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
3
4
2
0
3
7
2
2
8
3
7
3
2
1
5
2
0
4
3
4
2
0
3
7
2
2
8
3
5
8
4
4
1
0
BUNDABERG LAND SALES
7
3
2
1
3
5
5
2
0
4
3
4
2
0
3
7
2
2
BRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALES ROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+
54 49 36 15JUN 10 67 4 0JUN 1054 7 2JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 10
26 55 47 12MAR 10 57 3 2MAR 1067 3 2MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 10
BRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
417 96 27 3JUN 10 57 3 1JUN 10 81 2 4JUN 10417 96 27JUN 10 57JUN 10 81JUN 10417 96 27JUN 10 57JUN 10 81JUN 10
418 106 17 8MAR 10 61 7 2MAR 10 80 5 0MAR 10418 106 17MAR 10 61MAR 10 80MAR 10418 106 17MAR 10 61MAR 10 80MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST LAND SALES BUNDABERG LAND SALES TOWNSVILLE LAND SALESGOLD COAST LAND SALES TOWNSVILLE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
83 41 8 14JUN 10 44 4 0JUN 10 58 12 5JUN 1083 41 14JUN 10 44JUN 10 58 12JUN 10
67 38 5 14MAR 10 52 4 1MAR 10 62 11 3MAR 1067 38 14MAR 10 52MAR 10 62 11MAR 10
SUNSHINE COAST LAND SALES CAIRNS LAND SALESGLADSTONE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+
gold coast sunshine coast<$250,000 <$350,000 $350,000+
JUN 09 273 96 9 16 JUN 09 176 99 18 19 SEP 09 159 75 12 25 SEP 09 112 79 26 15 DEC 09JUN 10 5 1222 6047 815 11 5 DEC 09 JU 91N 10 68 28 14 56 8 3JUN 1081 1 3
66 61 13 15MAR 10 58 10 5MAR 1032 6 2MAR 10
26
54
55
49
47
36
12
15
MAR 10
JUN 10
BRISBANE CITY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
418
417
106
96
17
27
8
3
MAR 10
JUN 10
BRISBANE SURROUNDS' LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
67
83
38
41
5
8
14
14
MAR 10
JUN 10
GOLD COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
66
52
61
47
13
15
15
11
MAR 10
JUN 10
SUNSHINE COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
52
44
4
4
1
0
MAR 10
JUN 10
BUNDABERG LAND SALES<$250,000 <$350,000 $350,000+
58
56
10
8
5
3
MAR 10
JUN 10
CAIRNS LAND SALES<$250,000 <$350,000 $350,000+
61
57
7
3
2
1
MAR 10
JUN 10
FRASER COAST LAND SALES<$250,000 <$350,000 $350,000+
32
81
6
1
2
3
MAR 10
JUN 10
GLADSTONE LAND SALES<$250,000 <$350,000 $350,000+
62
58
11
12
3
5
MAR 10
JUN 10
TOWNSVILLE LAND SALES<$250,000 <$350,000 $350,000+
80
81
5
2
0
4
MAR 10
JUN 10
MACKAY LAND SALES<$250,000 <$350,000 $350,000+
57
67
3
4
2
0
MAR 10
JUN 10
ROCKHAMPTON LAND SALES<$250,000 <$350,000 $350,000+
67
54
3
7
2
2
MAR 10
JUN 10
TOOWOOMBA LAND SALES<$250,000 <$350,000 $350,000+
Median house and unit prices Outside of Brisbane, Townsville was the only region to experience positive median house price growth over the June quarter. Townsville City increased its median by 1.3 per cent to $380,000 over the quarter, and was up 4.5 per cent over the year.
Agents are confirming strong consumer confidence in the Townsville market because the economy is diverse. Given the strength of the market, agents are also reporting that properties, across the board – from the lowest to highest end - are selling.
The more established suburbs have appeared to be the most popular, offering homebuyers’ lifestyle, convenience and value for money. Mundingburra, Annandale, and Wulguru all posted median house price increases - up 9.7 per cent to $402,500, 6.8 per cent to $470,000 and 1.2 per cent to $330,000, respectively.
Kirwan continued its popularity notching up the highest number of preliminary sales across the region for the June quarter. South Townsville was the best performing suburb over the year posting a 14.9 per cent increase to its median.
The unit and townhouse market did not fare as well as houses, dropping its median price by one per cent on last quarter’s figures to $312,000. Preliminary sales numbers were also down compared to the March quarter as well as to the previous 12 months.
REIQ agents in the area are still reporting an oversupply in this segment of the market as owners continue to put their units and townhouses up for sale.
Northward, one of Townsville's oldest suburbs with beachside overlooking Magnetic Island, was the only suburb to achieve positive growth with an 8.2 per cent increase to its median price, although preliminary sales figures for the area were slightly down on last quarter’s.
Agents are reporting a scarcity of first home buyers in this segment as those who could have purchased, would have done so when the First Home Owners Boost was available last year.
Median land prices The median price for vacant urban land in Townsville increased 2.1 per cent to $174,000 over the June quarter, with preliminary figures holding steady on last quarter’s numbers.
Bushland Beach notched up the highest number of preliminary sales for the region and increased its median price by 35.1 per cent to $195,250. The new Sunland Group master-planned, beachside community, just 15-minutes from the centre of the city is to thank for this.
Agents believe first-timers have been swaying towards vacant urban land as a possible option for entering the property market.
Median rents The median rent for a two-bedroom unit in Townsville increased $10 per week to $275 between June 2009 and June this year. The median rent for a three-bedroom house also jumped $10 per week to $330 over the same period.
The most expensive postcode to rent in is 4817 (Alice River, Bohle Plains, Hervey Range, Kirwan to name a few) increasing its rent for a three-bedroom house by $15 per week to $345.
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 31
MARKETMONITORQ
UE
EN
SLA
ND
TOWNSVIllE CITY
HOUSES
3 BEDROOM HOUSES
2 BEDROOM FLATS/UNITS
MEDIAN WEEKLY RENTSSuburbs/Localities
Jun Qtr 2010NewBonds
Jun Qtr 2009Rent ($)
NewBonds
Rent ($)Po
stco
de
VACANT URBAN LAND
UNITS & TOWNHOUSES
Suburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr” Jun 2010 1yr” 5yrs
MEDIAN SALES DATA MEDIAN SALES DATASuburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr” Jun 2010 1yr” 5yrs
TOWNSVILLE CITY (LGA) 412 $380,000 1.3% $375,000 4.5% 57.9%
TOWNSVILLE CITY (LGA) ^ ~ 54 $447,000 -6.9% $440,000 6.0% 63.0%
AITKENVALE ~ 12 $341,000 -6.6% $341,000 3.5% 57.1%
ALICE RIVER ^ ~ 8 $455,000 -20.9% $485,000 2.8% 61.7%
ALLIGATOR CREEK ^ 7 $490,000 N/A $450,000 N/A 63.6%
ANNANDALE 19 $470,000 6.8% $449,000 2.0% 38.4%
BELGIAN GARDENS ~ 9 $440,000 N/A $475,000 -4.0% 34.8%
BLACK RIVER ^ 6 $462,000 N/A $430,000 N/A 73.7%
BLUEWATER PARK ^ 3 N/A N/A $421,250 2.7% 69.5%
BOHLE PLAINS 15 $470,000 0.0% $470,000 6.8% N/A
BURDELL * 11 $338,000 N/A $384,000 10.2% N/A
BUSHLAND BEACH ~ f 13 $399,000 -12.9% $425,000 3.3% 50.7%
CONDON ~ * 14 $317,500 -14.4% $330,000 2.2% 45.1%
CRANBROOK ~ 12 $320,000 -5.9% $329,000 2.8% 60.5%
CURRAJONG ~ 9 $282,000 -20.6% $315,000 5.0% 52.2%
DEERAGUN * 20 $351,500 4.0% $344,000 2.7% 93.3%
DOUGLAS ~ f 21 $415,000 -9.3% $417,500 4.9% 49.1%
GULLIVER ~ 8 $284,250 -9.8% $295,000 -0.3% 59.5%
HEATLEY ~ 12 $319,000 6.3% $302,500 -0.8% 54.3%
HERMIT PARK 6 N/A N/A $385,000 4.1% 42.6%
IDALIA 17 $487,500 N/A $495,000 7.6% 53.3%
JENSEN ^ 5 $360,000 N/A $370,000 N/A 43.7%
KELSO ^ 3 N/A N/A $450,000 8.4% 53.6%
KELSO ~ * 22 $320,500 10.5% $320,000 0.6% 73.0%
KIRWAN 58 $390,000 0.0% $385,000 5.5% 48.6%
MOUNT LOUISA 26 $402,500 -0.1% $395,000 0.0% 58.0%
MOUNT LOW ^ 5 $445,000 N/A $422,500 N/A 70.7%
MUNDINGBURRA 8 $402,500 9.7% $372,500 2.2% 51.4%
NORTH WARD 2 N/A N/A $547,000 N/A 18.7%
PIMLICO ~ 5 N/A N/A $339,000 -2.6% 39.2%
RAILWAY ESTATE ~ 8 $361,250 -11.9% $353,750 4.7% 41.5%
RASMUSSEN ~ 6 N/A N/A $297,250 -4.1% 59.0%
SOUTH TOWNSVILLE 6 N/A N/A $383,750 14.9% 56.6%
THURINGOWA CENTRAL 7 $380,000 N/A $345,000 4.5% 46.8%
VINCENT ~ 11 $282,500 -3.4% $293,000 -2.3% 55.0%
WEST END 9 $390,000 -2.0% $385,000 9.2% 63.8%
WULGURU 9 $330,000 1.2% $325,000 4.2% 66.7%
TOWNSVILLE CITY (LGA) 92 $312,000 -1.0% $319,000 6.3% 61.1%
DOUGLAS 4 N/A N/A $312,000 N/A 2.6%
HERMIT PARK 8 $245,000 N/A $230,000 0.0% 53.3%
KIRWAN 11 $310,000 -3.0% $299,000 2.9% 59.9%
NELLY BAY * f 2 N/A N/A $350,000 -7.2% -35.8%
NORTH WARD 13 $368,000 8.2% $366,500 2.7% 62.9%
ROSSLEA ~ 4 N/A N/A $340,000 27.3% 106.7%
SOUTH TOWNSVILLE 3 N/A N/A $390,000 16.4% 19.1%
TOWNSVILLE CITY * f 12 $545,000 N/A $590,000 40.5% 71.0%
WEST END ~ 7 $280,000 -7.6% $292,500 -4.9% 77.3%
TOWNSVILLE CITY (LGA) 75 $174,000 2.1% $162,700 -1.8% 55.0%
TOWNSVILLE CITY (LGA) ^ * ~ 24 $228,750 10.5% $217,500 2.4% 141.9%
ALICE RIVER ^ * 5 $225,000 N/A $210,000 N/A 200.0%
BOHLE PLAINS 7 $162,000 -1.2% $170,000 1.6% N/A
BURDELL 4 N/A N/A $193,500 9.0% N/A
BUSHLAND BEACH * ~ 12 $195,250 35.1% $151,000 -3.2% 64.1%
DEERAGUN * 3 N/A N/A $157,500 23.0% 154.4%
DOUGLAS 3 N/A N/A $195,000 9.6% 56.1%
IDALIA * 4 N/A N/A $264,500 10.3% 100.4%
KELSO * 8 $142,500 N/A $143,000 -4.3% 63.5%
MOUNT LOUISA 6 $186,000 5.1% $166,500 1.3% 44.2%
MOUNT LOW 5 $162,000 -1.2% $159,000 N/A N/A
RASMUSSEN * 7 $143,000 7.5% $143,000 N/A N/A
TOWNSVILLE CITY COUNCIL AREA 330 681 320 605
4810 Belgian Gardens/ Castle Hill/ Townsville City/ etc. 340 66 330 77
4811 Cluden/ Idalia/ Oak Valley/ Stuart/ Wulguru/ etc. 320 25 310 26
4812 Currajong/ Gulliver/ Mundingburra/ Rosslea/ etc. 320 71 320 62
4814 Aitkenvale/ Cranbrook/ Douglas/ Mt Louisa/ etc. 330 206 325 183
4815 Condon/ Kelso/ Pinnacles/ Rasmussen/ etc. 310 101 300 77
4816 Balgal Beach/ Paluma/ Rollingstone/ etc. 280 13 270 12
4817 Alice River/ Kirwan/ Thuringowa Central/ etc. 345 120 330 110
4818 Black River/ Bushland Bch/ Deeragun/ Mt Low/ etc. 330 64 310 45
4819 Horseshoe Bay/ Nelly Bay/ Picnic Bay/ etc. 300 15 300 13
TOWNSVILLE CITY COUNCIL AREA 275 745 265 644
4810 Belgian Gardens/ Castle Hill/ Townsville City/ etc. 300 372 300 321
4811 Cluden/ Idalia/ Oak Valley/ Stuart/ Wulguru/ etc. 335 41 330 28
4812 Currajong/ Gulliver/ Mundingburra/ Rosslea/ etc. 250 185 240 162
4814 Aitkenvale/ Cranbrook/ Douglas/ Mt Louisa/ etc. 260 83 235 69
4815 Condon/ Kelso/ Pinnacles/ Rasmussen/ etc. 250 16 230 14
4817 Alice River/ Kirwan/ Thuringowa Central/ etc. 250 29 250 38
4818 Black River/ Bushland Bch/ Deeragun/ Mt Low/ etc. 220 5 n.a. 2
4819 Horseshoe Bay/ Nelly Bay/ Picnic Bay/ etc. 210 14 185 10
TOWNSVILLE CITY COUNCIL AREA 260 20 280 42
4812 Currajong/ Gulliver/ Mundingburra/ Rosslea/ etc. 270 8 270 13
2 BEDROOM TOWNHOUSES
www.reiq.com.auIssue 7 - June Quarter 2010 page 32
MARKETMONITORQ
UE
EN
SLA
ND
CAIRNS REGIONAl
9
BRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALESBRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALES ROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALESROCKHAMPTON HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+
141141141141
881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10881 1373 141JUN 10 272 88 13JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10 128 62 25JUN 10
127127127127
863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10863 1259 120MAR 10 164 72 29MAR 10274 101 33MAR 10
BRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALESBRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSESALES MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+<$350,000 <$500,000 <$1m $1m+
775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10775 1111 424 14JUN 10 182 48 15JUN 10 70 150 51JUN 10
839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10839 1147 454 13MAR 10 193 80 10MAR 10 62 183 46MAR 10
INCLUDESINCLUDESINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALREDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALESGOLD COAST HOUSE SALES BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALES<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+
2020
417 364 54JUN 10 144 41 9JUN 10 159 198 55JUN 10417 364 54JUN 10 144 41JUN 10 159 198 55JUN 10
1616
434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10434 422 58MAR 10 166 60 12MAR 10 171 207 51MAR 10
SUNSHINE COAST HOUSE SALES CAIRNS HOUSE SALESGLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+<$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+
46 40
348 226JUN 10 139 118 43JUN 1064 109 25JUN 10
50 41MAR 10 120 158 40MAR 10MAR 10396 290 52 77 19
127
141
863
881
1259
1373
120
141
MAR 10
JUN 10
BRISBANE CITY HOUSE SALES<$350,000 <$500,000 <$1m $1m+
839
775
1147
1111
454
424
13
14
MAR 10
JUN 10
BRISBANE SURROUNDS' HOUSE SALES
<$350,000 <$500,000 <$1m $1m+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
16
20
434
417
422
364
58
54
MAR 10
JUN 10
GOLD COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
50
46
396
348
290
226
41
40
MAR 10
JUN 10
SUNSHINE COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+
166
144
60
41
12
9
MAR 10
JUN 10
BUNDABERG HOUSE SALES<$350,000 <$500,000 $500,000+
120
139
158
118
40
43
MAR 10
JUN 10
CAIRNS HOUSE SALES<$350,000 <$500,000 $500,000+
193
182
80
48
10
15
MAR 10
JUN 10
FRASER COAST HOUSESALES<$350,000 <$500,000 $500,000+
52
64
77
109
19
25
MAR 10
JUN 10
GLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+
171
159
207
198
51
55
MAR 10
JUN 10
TOWNSVILLE HOUSE SALES<$350,000 <$500,000 $500,000+
62
70
183
150
46
51
MAR 10
JUN 10
MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+
164
128
72
62
29
25
MAR 10
JUN 10
ROCKHAMPTON HOUSE SALES<$350,000 <$500,000 $500,000+
274
272
101
88
33
13
MAR 10
JUN 10
TOOWOOMBA HOUSE SALES<$350,000 <$500,000 $500,000+
6
45
1
2
2 5
8
8
9
6
8
6
45
1
2
5
4
1
3
2 5
8
8
9
6
8
6
45
1
2
BRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALESBRISBANE CITY UNIT SALES ROCKHAMPTON UNIT SALESTOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
44444444
254 684 282 47JUN 10 16 12 10 4JUN 1047 22 5 2JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10254 684 282 47JUN 10 16 12 10JUN 1047 22JUN 10
50505050
255 645 242 30MAR 10 10 21 12 6MAR 1043 21 10 1MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10255 645 242 30MAR 10 10 21 12MAR 1043 21 10MAR 10
BRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALESBRISBANE SURROUNDS' UNIT SALES FRASER COAST UNIT SALES MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+
102 224 110 45JUN 10 32 24 10 8JUN 10 14 12 9 8JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10102 224 110 45JUN 10 32 24 10JUN 10 14 12JUN 10
104 240 101 55MAR 10 13 15 2 5MAR 10 14 28 8 6MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10104 240 101 55MAR 10 13 15MAR 10 14 28MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALESGOLD COAST UNIT SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+
123 428 405 258 46JUN 10 28 14 4 3JUN 10 23 38 19 12JUN 10123 428 405 258 46JUN 10 28 14JUN 10 23 38 19 12JUN 10
99 415 407 278 91MAR 10 16 19 5 1MAR 10 26 59 30 14MAR 1099 415 407 278 91MAR 10 16 19MAR 10 26 59 30 14MAR 10
SUNSHINE COAST UNIT SALES CAIRNS UNIT SALESGLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+<$250,000 <$350,000 <$500,000 $500,000+
45 139 146 87 19JUN 10 80 69 30 25JUN 109 9 14 5JUN 10
44 163 145 100 23MAR 10 124 64 31 14MAR 1010 11 12 3MAR 10
50
44
255
254
645
684
242
282
30
47
MAR 10
JUN 10
BRISBANE CITY UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
104
102
240
224
101
110
55
45
MAR 10
JUN 10
BRISBANE SURROUNDS' UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
99
123
415
428
407
405
278
258
91
46
MAR 10
JUN 10
GOLD COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
44
45
163
139
145
146
100
87
23
19
MAR 10
JUN 10
SUNSHINE COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+
16
28
19
14
5
4
1
3
MAR 10
JUN 10
BUNDABERG UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
124
80
64
69
31
30
14
25
MAR 10
JUN 10
CAIRNS UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
13
32
15
24
2
10
5
8
MAR 10
JUN 10
FRASER COAST UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
9
11
9
12
14
3
5
MAR 10
JUN 10
GLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
26
23
59
38
30
19
14
12
MAR 10
JUN 10
TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
14
14
28
12
8
9
6
8
MAR 10
JUN 10
MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
10
16
21
12
12
10
6
4
MAR 10
JUN 10
ROCKHAMPTON UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
43
47
21
22
10
5
1
2
MAR 10
JUN 10
TOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+
3
4
2
0
3
7
2
2
8
3
7
3
2
1
5
2
0
4
3
4
2
0
3
7
2
2
8
3
5
8
4
4
1
0
BUNDABERG LAND SALES
7
3
2
1
3
5
5
2
0
4
3
4
2
0
3
7
2
2
BRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALESBRISBANE CITY LAND SALES TOOWOOMBA LAND SALES ROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALESROCKHAMPTON LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 $350,000+
54 49 36 15JUN 10 67 4 0JUN 1054 7 2JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 1054 49 36 15JUN 10 67JUN 1054JUN 10
26 55 47 12MAR 10 57 3 2MAR 1067 3 2MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 1026 55 47 12MAR 10 57MAR 1067MAR 10
BRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALESBRISBANE SURROUNDS' LAND SALES FRASER COAST LAND SALES MACKAY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
417 96 27 3JUN 10 57 3 1JUN 10 81 2 4JUN 10417 96 27JUN 10 57JUN 10 81JUN 10417 96 27JUN 10 57JUN 10 81JUN 10
418 106 17 8MAR 10 61 7 2MAR 10 80 5 0MAR 10418 106 17MAR 10 61MAR 10 80MAR 10418 106 17MAR 10 61MAR 10 80MAR 10
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALINCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
GOLD COAST LAND SALES BUNDABERG LAND SALES TOWNSVILLE LAND SALESGOLD COAST LAND SALES TOWNSVILLE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+
83 41 8 14JUN 10 44 4 0JUN 10 58 12 5JUN 1083 41 14JUN 10 44JUN 10 58 12JUN 10
67 38 5 14MAR 10 52 4 1MAR 10 62 11 3MAR 1067 38 14MAR 10 52MAR 10 62 11MAR 10
SUNSHINE COAST LAND SALES CAIRNS LAND SALESGLADSTONE LAND SALES<$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+
gold coast sunshine coast<$250,000 <$350,000 $350,000+
JUN 09 273 96 9 16 JUN 09 176 99 18 19 SEP 09 159 75 12 25 SEP 09 112 79 26 15 DEC 09JUN 10 5 1222 6047 815 11 5 DEC 09 JU 91N 10 68 28 14 56 8 3JUN 1081 1 3
66 61 13 15MAR 10 58 10 5MAR 1032 6 2MAR 10
26
54
55
49
47
36
12
15
MAR 10
JUN 10
BRISBANE CITY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
418
417
106
96
17
27
8
3
MAR 10
JUN 10
BRISBANE SURROUNDS' LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
67
83
38
41
5
8
14
14
MAR 10
JUN 10
GOLD COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
66
52
61
47
13
15
15
11
MAR 10
JUN 10
SUNSHINE COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+
52
44
4
4
1
0
MAR 10
JUN 10
BUNDABERG LAND SALES<$250,000 <$350,000 $350,000+
58
56
10
8
5
3
MAR 10
JUN 10
CAIRNS LAND SALES<$250,000 <$350,000 $350,000+
61
57
7
3
2
1
MAR 10
JUN 10
FRASER COAST LAND SALES<$250,000 <$350,000 $350,000+
32
81
6
1
2
3
MAR 10
JUN 10
GLADSTONE LAND SALES<$250,000 <$350,000 $350,000+
62
58
11
12
3
5
MAR 10
JUN 10
TOWNSVILLE LAND SALES<$250,000 <$350,000 $350,000+
80
81
5
2
0
4
MAR 10
JUN 10
MACKAY LAND SALES<$250,000 <$350,000 $350,000+
57
67
3
4
2
0
MAR 10
JUN 10
ROCKHAMPTON LAND SALES<$250,000 <$350,000 $350,000+
67
54
3
7
2
2
MAR 10
JUN 10
TOOWOOMBA LAND SALES<$250,000 <$350,000 $350,000+
Median house and unit prices Cairns experienced a 3.2 per cent over drop in its median house price to $358,000 during the June quarter; however, the majority of the sales over the period were at the lower end of the market and thus pushed the median lower. More positively, Cairns posted a 2.8 per cent increase over the 12 months ending June 2010.
Following the June quarter, uncertainty surrounding the Federal Election also kept potential buyers’ plans on hold.
Agents are reporting a significant drop in first home buyer numbers, as well as a lack of investment purchasing; however, enquiry from this segment of the market remains relatively robust.
Solid median house performers during the quarter were Whitfield, Bentley Park and Smithfield – up 10.2 per cent, 6.6 per cent and 1.1 per cent respectively. These suburbs were the only ones to achieve an increase in their median house price without contributing factors such as varying qualities of stock.
While impacted by the varying quality of stock sold and only a small sample, Mooroobool experienced a jump in its median house price over the quarter. The result was compounded by a lower number of preliminary house sales compared to the preliminary March quarter sales numbers (down 11 sales) – with the largest drop being recorded in the sub-$350,000 price range.
Conversely, the Cairns unit and townhouse market posted a promising 17.3 per cent change in its median price to $285,000, largely attributed to the number of new waterfront prestige units sold in Palm Cove, Port Douglas and Trinity Beach, which all posted strong growth at 40.4 per cent, 30.8 per cent and 26.1 per cent respectively.
Across the region, however, preliminary sales numbers were down by 29 since last quarter.
Median land prices Similarly to the median house price, the Cairns land market suffered a decline in its median price by 5.3 per cent to $160,000 dropping back to prices not seen since June last year. This is in-line with a corresponding drop in the number of new land sales in Smithfield.
Agents in the region are reporting that the State Government’s first home owner’s regional grant of $4,000 to build or buy a new home has failed to attract much attention from buyers.
Bluewater, a master-planned community 20 minutes from the Cairns CBD in Trinity Beach, should hopefully create some much-needed activity in the residential land market in the coming months.
Throughout the region, Bentley Park recorded the highest number of preliminary sales with its median price at $136,500.
Median rents The Cairns rental market held steady over the June quarter with figures remaining the same across the board.
The median rent for a three-bedroom house in Cairns remained steady at $300 between June 2009 and June this year. The median rent for a two-bedroom unit also continued to stay the same at $250 per week during the same period.
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 33
MARKETMONITORQ
UE
EN
SLA
ND
CAIRNS REGIONAl
HOUSES
2 BEDROOM FLATS/UNITS
VACANT URBAN LAND
UNITS & TOWNHOUSES
Suburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
MEDIAN SALES DATA MEDIAN SALES DATASuburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
3 BEDROOM HOUSES
Suburbs/Localities
Jun Qtr 2010NewBonds
Jun Qtr 2009Rent ($)
NewBonds
Rent ($)Po
stco
de
MEDIAN WEEKLY RENTS
CAIRNS (LGA) 300 $358,000 -3.2% $365,000 2.8% 37.7%
CAIRNS (LGA) ^ 20 $705,000 N/A $582,500 0.4% 38.7%
BAYVIEW HEIGHTS ~ 8 $330,000 -15.4% $346,250 -1.1% 31.9%
BENTLEY PARK 18 $354,500 6.6% $344,000 2.6% 36.0%
BRINSMEAD ~ 16 $398,500 -2.8% $400,000 -1.2% 23.8%
BUNGALOW ~ 4 N/A N/A $335,000 17.5% 59.5%
CARAVONICA 4 N/A N/A $339,500 4.5% 38.6%
CLIFTON BEACH 5 N/A N/A $490,000 3.7% 27.3%
EARLVILLE 3 N/A N/A $343,000 7.2% 37.2%
EDGE HILL ~ 11 $360,000 -28.0% $460,000 11.9% 41.0%
EDMONTON ~ * 18 $327,500 -6.4% $335,000 0.3% 45.2%
FRESHWATER ~ 6 N/A N/A $440,000 -3.8% 22.2%
GORDONVALE ~ * 14 $272,500 -11.5% $305,000 1.7% 47.7%
HOLLOWAYS BEACH ~ * 5 N/A N/A $345,000 -3.9% 27.8%
KANIMBLA ~ 6 N/A N/A $465,000 13.1% 29.0%
KEWARRA BEACH ~ f 23 $375,000 -3.8% $405,000 1.3% 40.1%
MANUNDA 10 $285,000 N/A $327,500 2.3% 45.2%
MOOROOBOOL ~ 7 $417,500 22.8% $341,000 4.9% 33.7%
MOSSMAN 7 $285,000 N/A N/A N/A N/A
MOUNT SHERIDAN 35 $345,000 -2.5% $345,000 3.1% 35.3%
PALM COVE 3 N/A N/A $570,000 N/A N/A
PARRAMATTA PARK ~ 8 $378,250 N/A $407,500 15.8% 43.0%
PORT DOUGLAS ~ f 2 N/A N/A $485,000 N/A -10.2%
REDLYNCH 12 $415,000 1.1% $420,000 2.4% 35.5%
SMITHFIELD ~ * 5 N/A N/A $371,000 -2.4% 48.4%
TRINITY BEACH ~ * 11 $365,000 -1.4% $389,000 -6.7% 36.5%
TRINITY PARK ~ * 4 N/A N/A $372,500 -5.7% 43.3%
WHITE ROCK ~ g 13 $275,500 -14.2% $277,620 -2.6% 46.1%
WHITFIELD 9 $415,000 10.2% $450,000 9.8% 40.6%
WOREE ~ 4 N/A N/A $340,000 17.2% 59.3%
CAIRNS (LGA) * f 204 $285,000 17.3% $265,000 8.2% 45.6%
BUNGALOW ~ 5 N/A N/A $192,000 -10.7% 32.4%
CAIRNS CITY * f 22 $403,500 13.7% $415,000 5.1% 19.9%
CAIRNS NORTH 27 $286,000 8.7% $316,000 12.9% 47.0%
CLIFTON BEACH * f 10 $287,500 N/A $299,000 -6.4% N/A
EDGE HILL ~ 6 N/A N/A $194,000 -7.6% 62.3%
MANOORA ~ 8 $195,000 -8.3% $200,000 2.0% 46.0%
MANUNDA 5 N/A N/A $195,000 9.4% 59.8%
MOOROOBOOL * 4 N/A N/A $207,000 -18.8% 33.5%
PALM COVE ~ * f 13 $365,000 40.4% $360,000 -1.4% -12.2%
PARRAMATTA PARK ~ 8 $292,500 14.7% $280,000 9.8% 45.5%
PORT DOUGLAS * f 21 $310,000 30.8% $280,000 0.6% 47.4%
TRINITY BEACH * f 15 $290,000 26.1% $295,000 -6.3% 31.1%
WESTCOURT * 8 $274,950 -10.1% $320,800 38.6% 143.0%
WOREE 6 N/A N/A $170,000 8.6% 36.0%
YORKEYS KNOB ~ f 4 N/A N/A $210,050 -1.4% 10.6%
CAIRNS (LGA) * 67 $160,000 -5.3% $170,000 6.3% 54.5%
CAIRNS (LGA) ^ 9 N/A N/A $270,000 50.0% 200.0%
BENTLEY PARK * 8 $136,500 -6.8% $146,900 3.3% 85.9%
EDMONTON 3 N/A N/A $125,000 0.0% 41.6%
GORDONVALE * 7 $126,300 1.0% $124,000 17.5% 51.2%
MOUNT SHERIDAN * 4 N/A N/A $182,000 21.3% 100.0%
PALM COVE 1 N/A N/A $195,000 5.4% 20.4%
REDLYNCH 7 $165,000 -4.1% $175,000 2.9% 44.6%
SMITHFIELD * - N/A N/A $225,000 27.2% N/A
TRINITY BEACH * 4 N/A N/A $180,000 -2.7% N/A
TRINITY PARK * f 6 $180,000 7.8% $169,000 -0.6% -30.0%
CAIRNS REGIONAL COUNCIL AREA 300 501 300 576
4865 Goldsborough/ Gordonvale/ Green Hill/ etc. 280 27 270 17
4868 Bayview Heights/ Mount Sheridan/ White Rock/ etc. 290 75 300 104
4869 Bentley Park/ Edmonton/ Mt Peter/ etc. 280 80 280 62
4870 Cairns & suburbs of Cairns 300 163 310 190
4873 Mossman/ Cooya Beach/ Cow Bay/ Miallo/ etc 264 22 270 22
4877 Port Douglas/ Craiglie/ Mowbray/ Oak Beach 400 11 350 15
4878 Caravonica/ Holloways Beach/ Machans Bch/ etc. 310 40 300 58
4879 Clifton Beach/ Kewarra Beach/ Palm Cove/ etc. 330 82 320 78
CAIRNS REGIONAL COUNCIL AREA 250 1,026 250 1,059
4868 Bayview Heights/ Mount Sheridan/ White Rock/ etc. 220 79 210 90
4869 Bentley Park/ Edmonton/ Mt Peter/ etc. 185 11 200 20
4870 Cairns & suburbs of Cairns 250 622 250 644
4873 Mossman/ Cooya Beach/ Cow Bay/ Miallo/ etc 180 15 190 15
4877 Port Douglas/ Craiglie/ Mowbray/ Oak Beach 270 83 275 87
4878 Caravonica/ Holloways Beach/ Machans Bch/ etc. 250 87 240 87
4879 Clifton Beach/ Kewarra Beach/ Palm Cove/ etc. 250 124 260 89
CAIRNS REGIONAL COUNCIL AREA 240 77 240 121
4868 Bayview Heights/ Mount Sheridan/ White Rock/ etc. 200 6 200 11
4870 Cairns & suburbs of Cairns 230 35 250 38
4877 Port Douglas/ Craiglie/ Mowbray/ Oak Beach 280 13 300 18
4878 Caravonica/ Holloways Beach/ Machans Bch/ etc. 220 6 220 25
4879 Clifton Beach/ Kewarra Beach/ Palm Cove/ etc. 240 12 260 19
3 BEDROOM TOWNHOUSES
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 34
MARKETMONITORQ
UE
EN
SLA
ND
OTHER REGIONAl AREAS
HOUSES HOUSES continued
Suburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
MEDIAN SALES DATA MEDIAN SALES DATASuburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
Median house and unit prices Regional Queensland posted a mix of results over the June quarter with some region’s recording marginal median house price growth and some posting small median house price falls.
Across the board, however, Queensland’s regional and rural areas held their ground over the period. Solid house performers included the Scenic Rim and Southern Downs local government areas.
The Scenic Rim is home to a population of more than 34,000 and covers an area of 4,250km2 an hour south of Brisbane and an hour inland from the Gold Coast. Its median house price increased 5.2 per cent to $378,750 over the quarter.
The Southern Downs median house price increased 4.5 per cent to $242,500 over the same period.
The Southern Downs encompasses an area that stretches from Cunningham's Gap – 120km south-west of Brisbane - in the east, north to Allora and Clifton, south to the border town of Wallangarra, and to Inglewood and Texas in the west.
Median land prices The more affordable vacant urban land located in the regional areas surrounding Brisbane, as well as the possibilities presented by the development of the Surat Basin Energy Province, are continuing to attract buyers with steady demand and price growth.
The Lockyer Valley, Somerset and Western Downs local government areas all posted positive price growth over the June quarter.
BALONNE (LGA) 7 N/A N/A $152,500 -0.3% 27.1%
BANANA (LGA) ~ 21 $210,000 -23.6% $265,000 -1.1% 110.3%
BANANA (LGA) ^ ~ 5 N/A N/A $375,000 -5.1% 74.4%
BILOELA ~ 12 $223,000 -23.1% $285,000 -1.0% 90.6%
BARCALDINE (LGA) 4 N/A N/A $183,000 22.0% 500.0%
BURDEKIN (LGA) 24 $252,750 7.6% $235,000 1.1% 123.8%
BURDEKIN (LGA) ^ 5 N/A N/A $495,000 N/A 178.9%
AYR ~ 16 $252,250 12.1% $250,000 2.0% 117.4%
HOME HILL 2 N/A N/A $230,000 4.5% 130.0%
CASSOWARY COAST (LGA) 20 $278,500 5.1% $270,000 2.7% 79.4%
CASSOWARY COAST (LGA) ^ ~ 10 N/A N/A $350,000 -9.8% 55.6%
TULLY 4 N/A N/A $230,500 -0.2% 80.8%
CENTRAL HIGHLANDS (LGA) 63 $345,000 0.0% $345,000 6.8% 75.6%
CENTRAL HIGHLANDS (LGA) ^ ~ 11 N/A N/A $412,500 -1.8% 37.5%
BLACKWATER 20 $303,500 6.3% $298,500 6.6% 84.8%
EMERALD 41 $365,727 -2.7% $376,000 6.4% 56.7%
EMERALD ^ 4 N/A N/A $545,000 9.0% 49.3%
CHARTERS TOWERS (LGA) 16 $157,500 5.0% $215,000 0.0% 104.8%
CHARTERS TOWERS (LGA) ^ 9 N/A N/A $380,000 1.3% 109.4%
QUEENTON ~ 4 N/A N/A $220,000 -1.1% N/A
CLONCURRY (LGA) 8 N/A N/A $205,000 N/A 96.2%
CLONCURRY ~ 8 $188,000 -27.7% $210,000 N/A 94.0%
GOONDIWINDI (LGA) 10 N/A N/A $238,000 0.6% 48.8%
GOONDIWINDI ~ 6 N/A N/A $298,000 15.1% 52.8%
GYMPIE (LGA) 80 $289,000 2.5% $290,000 3.6% 45.0%
GYMPIE (LGA) ^ ~ 52 $351,250 -12.4% $365,000 2.8% 38.3%
COOLOOLA COVE ~ * 6 N/A N/A $297,000 -5.7% 32.0%
CURRA ^ 5 $313,500 3.1% $297,500 9.0% 65.3%
GYMPIE 30 $282,500 6.6% $272,000 2.6% 45.5%
MONKLAND 8 $273,499 7.3% $270,999 9.4% 47.3%
SOUTHSIDE 15 $329,000 0.0% $337,500 2.3% 34.7%
THE PALMS ^ 5 $425,000 N/A N/A N/A N/A
TIN CAN BAY 8 $308,750 -1.8% $310,000 5.1% 1.3%
HINCHINBROOK (LGA) 13 N/A N/A $252,500 3.1% 94.2%
HINCHINBROOK (LGA) ^ 2 N/A N/A $322,500 N/A 95.5%
INGHAM 6 N/A N/A $225,000 0.0% 114.3%
ISAAC (LGA) 38 $425,000 2.4% $419,000 6.8% 94.9%
CLERMONT 6 N/A N/A $297,500 2.6% 295.3%
DYSART 6 N/A N/A $413,500 0.9% 250.4%
MORANBAH 23 $460,000 5.5% $440,000 4.8% 71.7%
LOCKYER VALLEY (LGA) 20 $288,750 -2.4% $270,000 3.8% 50.0%
LOCKYER VALLEY (LGA) ^ 54 $338,000 -4.8% $346,500 6.3% 50.7%
GATTON ~ 10 $288,750 -6.9% $280,000 -0.7% 43.2%
KENSINGTON GROVE ^ ~ 4 N/A N/A $387,500 17.4% 117.4%
LAIDLEY 7 $295,000 14.6% $250,500 2.0% 56.6%
LAIDLEY HEIGHTS ^ 6 $362,000 N/A $337,500 14.4% 66.7%
PLAINLAND ^ 3 N/A N/A $327,500 0.4% 76.1%
REGENCY DOWNS ^ ~ 5 $308,000 -10.7% $341,250 6.6% 84.5%
WITHCOTT ^ 6 $365,000 N/A N/A N/A N/A
LONGREACH (LGA) 9 N/A N/A $227,750 3.5% 139.7%
LONGREACH 9 $222,000 N/A $235,000 6.8% 119.6%
MARANOA (LGA) 27 $288,000 6.7% $258,000 16.0% 106.4%
ROMA 23 $300,000 7.5% $277,000 13.6% 97.9%
MOUNT ISA CITY 45 $370,000 2.8% $333,000 0.9% 146.7%
HEALY ~ g 12 $416,500 9.6% $380,000 6.3% N/A
MORNINGTON ~ 6 N/A N/A $305,000 -6.2% N/A
PARKSIDE 6 N/A N/A $310,000 3.3% N/A
SOLDIERS HILL 6 N/A N/A $333,750 3.5% N/A
SUNSET ~ 2 N/A N/A $322,500 -1.1% N/A
TOWNVIEW ~ 3 N/A N/A $327,500 -2.2% N/A
MURWEH (LGA) 6 N/A N/A $140,000 3.7% 98.6%
CHARLEVILLE ~ 5 N/A N/A $140,000 -6.7% 84.2%
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 35
MARKETMONITORQ
UE
EN
SLA
ND
OTHER REGIONAl AREAS
HOUSES
Suburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
MEDIAN SALES DATA MEDIAN SALES DATASuburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
NORTH BURNETT (LGA) 14 N/A N/A $160,000 0.0% 81.8%
NORTH BURNETT (LGA) ^ 4 N/A N/A $250,000 N/A 111.9%
GAYNDAH 6 N/A N/A $180,000 13.2% 63.6%
SCENIC RIM (LGA) 52 $378,750 5.2% $364,000 5.5% 40.0%
SCENIC RIM (LGA) ^ ~ 38 $530,000 9.8% $510,000 18.6% 50.0%
BEAUDESERT 17 $340,000 8.6% $315,000 0.0% 43.2%
BOONAH 7 $280,000 N/A $275,000 -3.9% 54.7%
KOORALBYN ^ 3 N/A N/A $340,000 7.1% 55.3%
TAMBORINE ^ ~ 7 $468,500 -20.6% $557,500 54.6%
TAMBORINE MOUNTAIN ~ 19 $415,000 -5.7% $430,000 -4.4% 29.1%
TAMBORINE MOUNTAIN ^ ~ 4 N/A N/A $770,000 N/A 43.9%
SOMERSET (LGA) 17 $270,000 -1.1% $273,000 9.2% 70.6%
SOMERSET (LGA) ^ 29 $420,000 2.7% $385,000 11.0% 52.8%
FERNVALE ^ 9 $440,000 N/A $431,250 N/A 59.7%
LOWOOD ^ 5 $315,000 N/A $318,000 4.3% 21.7%
SOUTH BURNETT (LGA) ~ 57 $251,000 14.1% $238,500 8.4% 49.8%
SOUTH BURNETT (LGA) ^ ~ 38 $311,000 13.1% $290,000 5.5% 70.6%
KINGAROY 34 $280,000 9.8% $264,500 5.8% 46.9%
KINGAROY ^ 6 $415,000 N/A $421,250 0.3% 53.2%
MURGON ~ 9 $137,500 -8.3% $155,000 -12.7% 43.5%
NANANGO 4 N/A N/A $225,000 6.1% 63.0%
NANANGO ^ ~ 4 N/A N/A $238,000 -7.9% 54.5%
WONDAI 4 N/A N/A $230,000 17.9% 71.6%
SOUTHERN DOWNS (LGA) 68 $242,500 4.5% $239,000 4.9% 51.7%
SOUTHERN DOWNS (LGA) ^ ~ 27 $295,000 N/A $324,000 -4.0% 57.3%
STANTHORPE ~ 17 $295,000 19.7% $245,000 12.4% 63.3%
STANTHORPE ^ 3 N/A N/A $370,000 N/A 45.1%
WARWICK 39 $235,000 0.0% $245,000 3.8% 44.1%
TABLELANDS (LGA) 69 $290,000 1.8% $290,000 1.8% 78.5%
TABLELANDS (LGA) ^ ~ 40 $421,500 9.2% $410,000 -2.4% 70.8%
ATHERTON ~ 25 $320,000 10.9% $318,500 -9.0% 67.6%
KURANDA ^ 4 N/A N/A $475,000 3.3% 51.8%
MAREEBA 25 $290,000 -0.5% $285,000 14.0% 86.3%
MAREEBA ^ 7 $410,000 N/A $428,000 N/A 69.5%
TOLGA ^ 6 $447,500 N/A $440,000 N/A 44.3%
WEIPA TOWN (LGA) ~ 3 N/A N/A $345,000 -5.5% N/A
WESTERN DOWNS (LGA) 56 $265,500 -3.2% $260,000 8.6% 88.1%
WESTERN DOWNS (LGA) ^ 17 $355,000 10.9% $335,000 13.6% 157.7%
CHINCHILLA ~ 21 $285,000 -18.3% $289,750 15.9% 95.1%
CHINCHILLA ^ 9 $355,000 N/A $356,250 N/A 122.7%
DALBY ~ 17 $268,000 -6.0% $280,000 12.0% 78.3%
DALBY ^ 3 N/A N/A $433,500 12.6% 75.2%
MILES 7 $253,000 N/A $235,000 N/A 186.6%
TARA ^ ~ 2 N/A N/A $120,000 -25.0% 130.8%
WHITSUNDAY (LGA) ~ 48 $363,375 0.9% $380,000 -1.3% 71.0%
WHITSUNDAY (LGA) ^ 12 N/A N/A $492,500 1.5% 64.2%
BOWEN 19 $350,000 -1.4% $350,000 0.0% 79.5%
CANNONVALE ~ 10 $447,500 -0.6% $450,000 -6.3% 23.3%
PROSERPINE ~ 8 $275,000 -23.6% $347,050 6.6% 78.4%
CASSOWARY COAST (LGA) 5 N/A N/A $301,000 4.5% 34.7%
CENTRAL HIGHLANDS (LGA) 14 N/A N/A $278,625 2.2% 60.6%
EMERALD 14 $276,950 3.7% $278,625 1.3% 59.2%
GYMPIE (LGA) 5 N/A N/A $266,250 -4.4% 3.2%
LOCKYER VALLEY (LGA) 5 N/A N/A $233,250 N/A 91.2%
SCENIC RIM (LGA) ~ * 10 N/A N/A $275,000 41.8% 120.0%
SOUTH BURNETT (LGA) ~ * 6 N/A N/A $175,000 -12.9% 55.6%
KINGAROY ~ 5 N/A N/A $175,000 -12.9% N/A
SOUTHERN DOWNS (LGA) 4 N/A N/A $227,500 2.5% 47.2%
TABLELANDS (LGA) 6 N/A N/A $228,000 4.8% 47.1%
WEIPA TOWN (LGA) * 3 N/A N/A $172,945 16.8% N/A
WESTERN DOWNS (LGA) 7 N/A N/A $289,000 1.4% N/A
WHITSUNDAY (LGA) * 32 $347,000 0.6% $345,000 3.8% 19.4%
AIRLIE BEACH * 6 N/A N/A $402,000 -6.5% 0.5%
BOWEN * 2 N/A N/A $308,500 -15.7% -6.5%
CANNONVALE * f 21 $355,000 11.6% $339,000 12.6% 35.6%
BANANA (LGA) * 1 N/A N/A $134,000 28.5% 318.8%
KIANGA * - N/A N/A $134,000 N/A N/A
BARCALDINE (LGA) 10 N/A N/A $67,500 N/A N/A
ALPHA 5 $105,000 N/A N/A N/A N/A
BURDEKIN (LGA) ~ 4 N/A N/A $117,000 -16.4% 234.3%
CARPENTARIA (LGA) G 11 N/A N/A N/A N/A N/A
NORMANTON G 10 $13,000 N/A N/A N/A N/A
CASSOWARY COAST (LGA) 12 N/A N/A $130,000 6.6% 30.7%
CASSOWARY COAST (LGA) ^ 3 N/A N/A $150,000 0.0% 143.9%
SOUTH MISSION BEACH * 4 N/A N/A $125,000 -10.1% 13.6%
CENTRAL HIGHLANDS (LGA) * 46 $137,500 12.2% $122,000 16.2% 154.2%
CENTRAL HIGHLANDS (LGA) ^ 9 N/A N/A $200,000 N/A 66.7%
BLACKWATER 3 N/A N/A $99,000 7.6% 160.5%
EMERALD * 41 $138,000 12.2% $130,000 0.0% 75.7%
EMERALD ^ 6 $242,000 N/A $228,750 N/A 78.7%
CHARTERS TOWERS (LGA) ^ ~ 6 N/A N/A $135,000 22.7% 187.2%
GOONDIWINDI (LGA) 8 N/A N/A $80,000 6.7% 105.1%
GOONDIWINDI 5 $85,000 N/A N/A N/A N/A
GYMPIE (LGA) * 23 $132,000 5.6% $125,000 1.6% 45.3%
GYMPIE (LGA) ^ * ~ 36 $132,350 -11.0% $142,750 1.2% 50.3%
COOLOOLA COVE * 6 $131,500 6.9% $129,000 N/A 44.9%
CURRA ^ * 16 $116,000 1.8% $115,000 -0.4% 62.0%
GYMPIE * 4 N/A N/A $119,000 11.2% 54.5%
UNITS & TOWNHOUSES
VACANT URBAN LAND
Please see page 37 for legend and further notes
www.reiq.com.auIssue 7 - June Quarter 2010 page 36
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OTHER REGIONAl AREAS
VACANT URBAN LAND continued
3 BEDROOM HOUSES
MEDIAN WEEKLY RENTSSuburbs/Localities
Jun Qtr 2010NewBonds
Jun Qtr 2009Rent ($)
NewBonds
Rent ($)Po
stco
de
VACANT URBAN LAND continued
Suburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
MEDIAN SALES DATA MEDIAN SALES DATASuburb/ Number of Jun change 12 mths to change changeLocality Sales Jun Qtr over the end of over over Qtr 2010 2010 qtr Jun 2010 1yr 5yrs
JONES HILL * 6 $139,500 N/A $133,000 N/A N/A
SOUTHSIDE * 2 N/A N/A $122,000 -0.8% 41.9%
TIN CAN BAY 3 N/A N/A $132,500 N/A 3.5%
HINCHINBROOK (LGA) 12 N/A N/A $94,250 4.7% 47.3%
FORREST BEACH ~ 6 $100,000 -4.8% $95,000 2.7% N/A
ISAAC (LGA) G ~ 7 N/A N/A $120,000 -4.0% 281.0%
MORANBAH G ~ 5 $200,000 32.1% $120,000 -5.5% 281.0%
LOCKYER VALLEY (LGA) * ~ 19 $115,000 -8.0% $124,000 6.9% 91.0%
LOCKYER VALLEY (LGA) ^ 37 $140,000 3.7% $139,000 1.1% 85.3%
GATTON 3 N/A N/A $135,000 3.8% 107.7%
HATTON VALE ^ * 2 N/A N/A $136,450 N/A 61.5%
KENSINGTON GROVE ^ 2 N/A N/A $140,000 0.0% 75.1%
LAIDLEY * ~ 13 $110,000 -11.3% $124,000 11.7% N/A
LAIDLEY NORTH 2 N/A N/A $115,000 N/A N/A
REGENCY DOWNS ^ 3 N/A N/A $140,245 0.9% 100.4%
WITHCOTT ^ * 2 N/A N/A $135,000 N/A 42.1%
MARANOA (LGA) G ~ 7 N/A N/A $75,000 109.8% 275.0%
MARANOA (LGA) ^ 3 N/A N/A $198,000 N/A 223.3%
ROMA ~ 6 $98,750 N/A N/A N/A N/A
MOUNT ISA CITY (LGA) 4 N/A N/A $76,500 N/A N/A
NORTH BURNETT (LGA) ~ * 9 N/A N/A $30,000 -25.0% 81.8%
NORTH BURNETT (LGA) ^ ~ 3 N/A N/A $100,000 -23.1% 250.9%
MOUNT PERRY 6 $24,500 N/A N/A N/A N/A
SCENIC RIM (LGA) 14 N/A N/A $183,500 1.9% 85.8%
SCENIC RIM (LGA) ^ 21 $210,000 5.0% $218,250 -1.4% 50.5%
BEAUDESERT 8 $198,250 N/A $197,000 4.2% 55.7%
GLENEAGLE 2 N/A N/A $175,000 6.1% N/A
KOORALBYN ^ 2 N/A N/A $113,500 0.4% 89.2%
SOMERSET (LGA) 25 $131,000 N/A $129,000 0.8% 98.5%
SOMERSET (LGA) ^ 17 $188,000 N/A $210,000 5.3% 106.9%
FERNVALE 12 $133,000 -6.3% $135,000 3.4% N/A
LOWOOD * 7 $120,000 N/A $120,000 -7.0% N/A
SOUTH BURNETT (LGA) 11 N/A N/A $85,000 6.3% 189.9%
SOUTH BURNETT (LGA) ^ 34 $110,500 20.8% $100,000 5.3% 138.1%
KINGAROY 5 $110,000 0.0% $110,000 3.8% 100.0%
KINGAROY ^ 6 $160,000 N/A $140,000 3.7% 101.4%
SOUTHERN DOWNS (LGA) ~ 25 $50,000 -44.7% $89,900 7.0% 72.9%
SOUTHERN DOWNS (LGA) ^ ~ 32 $148,000 -11.4% $150,000 9.9% 114.3%
WARWICK 7 $99,000 5.3% $95,000 3.5% 61.3%
TABLELANDS (LGA) ~ * 20 $113,500 20.7% $107,500 -5.3% 106.7%
TABLELANDS (LGA) ^ * 18 $170,000 -9.1% $189,500 -0.3% 128.3%
ATHERTON * 10 $123,000 N/A $124,500 3.8% 91.5%
MAREEBA ~ * 4 N/A N/A $95,000 -7.8% 111.1%
WESTERN DOWNS (LGA) 25 $120,000 0.8% $112,500 14.8% 257.1%
WESTERN DOWNS (LGA) ^ ~ * 26 $68,750 -19.1% $99,000 41.4% 260.0%
CHINCHILLA 13 $110,000 0.1% $104,000 15.6% 109.0%
CHINCHILLA ^ 4 N/A N/A $107,625 19.6% N/A
DALBY * 6 $125,000 4.6% $117,500 2.2% 142.3%
DALBY ^ * 6 $99,000 N/A $103,000 -4.2% 98.1%
TARA ^ ~ * 9 $41,000 9.3% $41,000 13.9% 164.5%
WHITSUNDAY (LGA) * 21 $155,000 -6.1% $155,500 -1.6% 24.9%
WHITSUNDAY (LGA) ^ 8 N/A N/A $250,000 1.0% 63.4%
BOWEN 9 $180,000 2.9% $152,000 3.8% 43.1%
CANNONVALE * 6 $167,500 10.4% $160,000 -14.7% 23.1%
JUBILEE POCKET 1 N/A N/A $185,000 N/A 32.1%
PROSERPINE * 2 N/A N/A $118,000 -1.7% N/A
SCENIC RIM REGIONAL COUNCIL AREA 320 125 295 115
4270 Tamborine 380 9 380 6
4271 Eagle Heights 350 18 335 14
4272 Tamborine Mountain 370 11 385 9
4275 Biddaddaba/ Boyland/ Canungra/ etc. 400 8 370 5
4285 Beaudesert/ Cedar Vale/ Kooralbyn/ etc. 310 54 290 53
4307 Harrisvale/ Mutdapilly/ etc. 230 5 n.a. 3
4309 Aratula/ Kalbar 250 7 200 6
4310 Boonah/ Duganden/ Mt Alford 250 11 230 17
GYMPIE REGIONAL COUNCIL AREA 250 210 250 183
4570 Gympie/ Curra/ Imbil/ Monkland/ Southside/ etc. 250 161 250 138
4580 Cooloola/ Tin Can Bay 230 27 250 33
4581 Rainbow Beach/ Inskip 300 5 n.a. 4
WHITSUNDAY REGIONAL COUNCIL AREA 350 141 350 140
4800 Cannon Valley/ Conway/ Proserpine/ etc. 300 21 310 31
4802 Airlie Beach/ Cannonvale/ Whitsundays/ etc. 370 40 385 44
4804 Collinsville 300 15 260 13
4805 Bowen 350 65 350 52
TABLELANDS REGIONAL COUNCIL AREA 265 166 265 168
4872 Dimbulah/ Kairi/ Mt Garnett/ Tinaroo/ Walkamin 250 7 220 5
4800 Mareeba/ Biboohra 260 47 260 45
4881 Kuranda/ Koah/ Speewah 320 13 290 8
4882 Tolga 290 5 280 9
4883 Atherton/ Upper Baron 265 44 280 41
4884 Yungaburra/ Lake Eacham 320 5 295 15
4885 Malanda/ Tarzali/ Jaggan 280 14 260 8
4888 Ravenshoe/ Evelyn/ Millstream 230 12 210 15
SCENIC RIM REGIONAL COUNCIL AREA 210 25 220 28
4285 Beaudesert/ Cedar Vale/ Kooralbyn/ etc. 190 17 190 17
GYMPIE REGIONAL COUNCIL AREA 185 41 180 48
4570 Gympie/ Curra/ Imbil/ Monkland/ Southside/ etc. 170 26 180 38
4581 Rainbow Beach/ Inskip 220 11 n.a. 3
WHITSUNDAY REGIONAL COUNCIL AREA 260 138 280 125
4800 Cannon Valley/ Conway/ Proserpine/ etc. 230 7 220 7
4802 Airlie Beach/ Cannonvale/ Whitsundays/ etc. 290 77 295 80
4805 Bowen 250 52 245 26
TABLELANDS REGIONAL COUNCIL AREA 190 78 185 65
4800 Mareeba/ Biboohra 180 30 185 31
4883 Atherton/ Upper Baron 200 33 180 20
2 BEDROOM FLATS/UNITS
HOUSES UNITS LOCAL GOVERNMENT AREA JUN QTR MAR QTR JUN QTR MAR QTR 2010 2010 2010 2010
SOUTH EAST QUEENSLAND
REGIONAL QUEENSLAND
www.reiq.com.auIssue 7 - June Quarter 2010 page 37
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GROSS RENTAl YIElDS
ExPlANATORY NOTESSALES DATAAs of the June Quarter 2010, all REIQ reports are collated approximately 5 weeks after the end of each quarter (previously run 7 weeks after). The March quarter 2010 figures are also as at 5 weeks after the end of the quarter. Due to the different sample size, comparisons between previous published quarters should be used with caution.All figures are preliminary and are subject to further revision. Only suburbs to record sufficient sales numbers have been included.N/A No preliminary estimate available due to insufficient sales numbers(LGA) Local Government AreaBrisbane (SD)– Brisbane Statistical Division which includes the shires of Brisbane City, Ipswich City, Logan City, Moreton Bay Regional and Redland City.^ Denotes acreage sales - on land size greater than 2,400m2. All other house and land sale statistics are based on land size under 2,400m2 . Unit and townhouse data includes sales of all building units and group titled properties. ~ Medians affected by varying quality of stock sold* Medians affected by varying quantities of new properties soldf Medians affected by varying numbers of waterfront properties sold+ Due to the nature of properties in this suburb, some group titled property sales have been included- Due to the nature of properties in this suburb, some group titled property sales have been omittedg Sales volumes and median affected by QLD government acquisitions in the areaG Sales volumes and median affected by QLD government sales in the area¹ Paradise Point - excludes Sovereign and Ephraim Islands sales² Median for previous quarter recalculated to take into account Brookwater group title sales³ Median sales data affected by varying numbers of sales on the bay islands compared to sales in new premium residential subdivisions. SOURCE: REIQ. Raw data made available by QLD Department of Environment and Resource Management, (QVAS), via PriceFinder and RP Data. This information has been carefully compiled and is not intended to be treated as a warranty or promise as to the correctness of the information. Interested parties should undertake independent enquiries and investigations to satisfy themselves that any details herein are true and correct. The REIQ does not allow this information to be used for advertising or marketing purposes. Enquiries about the reproduction of part or all of the information should be directed to the Marketplace Strategy Division, REIQ
PRICE POINT GRAPHS - SALES NUMBERSAll figures are preliminary based upon sales records available as at the time of reporting for each corresponding quarter and are subject to further revision. Comparisons between quarters should be used as a guide only. Data supplied by PriceFinder.
RENTAL DATAAll rental data is collated by postcode. Where no postcode is listed, insufficient new bonds were lodged in order to calculate a reliable statistic. For more information go to www.rta.qld.gov.au ^ The relatively small number of bond lodgements for properties in these areas make median rent values less reliable~ Based upon former council boundariesn.a. Not Available (the number of new bonds lodged was too small to provide a reliable estimate)N/A Historical data for the new Local Government City and Regional Council areas is not available** Historical data based upon former LGA boundaries. Comparisons between the number of bonds lodged should be used with cautionSource: Residential Tenancies Authority, Rental Bond lodgements www.rta.qld.gov.au
GROSS RENTAL YIELDS¹Based upon median weekly rent for 3-bedroom houses, source: Residential Tenancies Authority²Includes townhouses. Based upon median weekly rent for 2-bedroom flats, source: Residential Tenancies Authority
BRISBANE CITY 3.7% 3.7% 4.6% 4.7%
IPSWICH CITY 4.4% 4.5% 5.1% 4.9%
LOGAN CITY 4.6% 4.4% 4.7% 4.8%
MORETON BAY REGIONAL 4.1% 4.1% 4.1% 4.2%
REDLAND CITY 4.0% 3.9% 4.6% 4.6%
GOLD COAST CITY 4.2% 4.0% 4.8% 4.8%
SUNSHINE COAST REGIONAL 4.1% 3.9% 4.2% 4.3%
BUNDABERG REGIONAL 4.7% 4.7% 4.4% 4.0%
CAIRNS REGIONAL 4.4% 4.2% 4.6% 5.4%
FRASER COAST REGIONAL 4.3% 4.1% 3.8% 3.8%
GLADSTONE REGIONAL 4.2% 3.8% 3.5% 4.0%
GYMPIE REGIONAL 4.5% 4.6% N/A N/A
MACKAY REGIONAL 4.9% 4.8% 4.4% 4.8%
ROCKHAMPTON REGIONAL 4.7% 4.7% 4.3% 4.1%
SCENIC RIM REGIONAL 4.4% 4.5% N/A 4.3%
TOOWOOMBA REGIONAL 4.7% 4.4% 4.6% 4.4%
TOWNSVILLE CITY 4.5% 4.6% 4.6% 4.4%
WHITSUNDAY REGIONAL 5.0% 5.1% 3.9% 4.3%
www.reiq.com.auIssue 7 - June Quarter 2010 page 38
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Deposit Power is a division of, and all Deposit Power Guarantees are issued by, Vero Insurance Limited ABN 48 005 297 807.
depositpower.com.au Freecall 1800 678 979
1. Substitutes the cash deposit of up to 10% of the purchase price
2. Opens the door to more potential purchasers for your vendors
3. Available for short and long term settlements of up to 48 months,
whether sale is by private treaty or auction
4. Suitable for all types of residential property
5. Ideal for first home buyers, investors and simultaneous transactions
6. Deposit Power makes inquiries on all applicant’s ability to settle on a property
7. Gives your customer peace of mind, knowing they have a guaranteed deposit
8. A Deposit Power Guarantee is issued by Vero Insurance Limited, one of Australia’s
leading insurers
9. Deposit Power has assisted over 750,000 Australians purchase property since 1989
10. Deposit Power Guarantees are legally acceptable in all Australian Territories and States
Deposit Power is Australia’s leading provider of deposit guarantees and a very proud
supporter of the REIQ.
For details call the Deposit Power helpline: 1800 678 979 or visit www.depositpower.com.au
10 reasons why Deposit Power will get your customers moving
RESEARCH METHODOlOGY - UPDATE
Real estatetrends inQueensland’stowns & suburbsIn order to measure recent performance of the Queensland property market, Queensland Market Monitor records the median sale price by locality and by local government area (LGA) state-wide where sufficient sales numbers are recorded.
Analysts regard the median sale price, defined as “the middle sale taken from all the sales in a locality throughout a specified period” as the most representative figure. Unlike other averages, which can be skewed by very high or very low sales, the median is generally reflective of current market activity.
Quarterly sales figures are generally an indication of the latest sales activity in an area. They reflect the types of properties that have sold over a three-month period and can therefore be quite volatile. Where possible, annotations have been used to explain fluctuations in the sales data (see page 37).
To provide a more macro or historical trend view of a suburb’s and LGA’s market performance, the annual median price is also provided as are percentage changes over the last one and five years.
To ensure this data is as reflective of the overall market as possible, only suburbs that recorded a minimum of 25 sales for houses and unit/townhouses; or 20 sales for acreage and vacant land over the 12 month period are recorded.
On a quarterly basis, a minimum of 10 sales
are required for metropolitan Brisbane. In regional areas, where there are generally fewer sales compared with metropolitan volumes, suburbs with a minimum of seven house or unit/townhouse sales or a minimum of five acreage or vacant land sales in a locality are included. A suburb with fewer sales numbers is generally regarded as having a sample size too small to be truly demonstrative.
The REIQ’s research data is based on sales records of the most recent reportable quarter held by the Department of Environment and Resources Management’s Queensland Valuation and Sales database (QVAS). This data is made available to the REIQ through PriceFinder (www.pricefinder.com.au) and RP Data (www.rpdata.net.au)
As of the June quarter 2010, the REIQ will run the sales data reports two weeks earlier than previously calculated. After careful analysis, this change in methodology was implemented to improve the timeliness of the REIQ’s sales data release without jeopardising the reliabilty of the figures. Given the slightly smaller sample size, comparisons between the number of sales of previously published quarters should be made with caution.
To ensure like is compared with like the change in median sale prices compares current preliminary estimates with preliminary estimates for the previous period. A percentage change is not available where there is no preliminary estimate available.
Another point of difference with REIQ research is our use of contract date figures rather than the ‘settlement date’. In accruing quarterly results, some analysts use the date on which the property settled rather than the date that the parties signed a contract of sale. In Queensland, there could be up to 60 or 90 days between the time a contract of sale is signed (the day on which the parties legally agree on the price the property will sell for) and the day on which the property settles. The REIQ believes that collating quarterly statistics based on settlement date figures does not most accurately reflect the state of the market in any given quarterly period.
For further information on real estate data email REIQ’s research analyst, Yvette Burton [[email protected]].
Deposit Power is a division of, and all Deposit Power Guarantees are issued by, Vero Insurance Limited ABN 48 005 297 807.
depositpower.com.au Freecall 1800 678 979
1. Substitutes the cash deposit of up to 10% of the purchase price
2. Opens the door to more potential purchasers for your vendors
3. Available for short and long term settlements of up to 48 months,
whether sale is by private treaty or auction
4. Suitable for all types of residential property
5. Ideal for first home buyers, investors and simultaneous transactions
6. Deposit Power makes inquiries on all applicant’s ability to settle on a property
7. Gives your customer peace of mind, knowing they have a guaranteed deposit
8. A Deposit Power Guarantee is issued by Vero Insurance Limited, one of Australia’s
leading insurers
9. Deposit Power has assisted over 750,000 Australians purchase property since 1989
10. Deposit Power Guarantees are legally acceptable in all Australian Territories and States
Deposit Power is Australia’s leading provider of deposit guarantees and a very proud
supporter of the REIQ.
For details call the Deposit Power helpline: 1800 678 979 or visit www.depositpower.com.au
10 reasons why Deposit Power will get your customers moving
www.reiq.com.auIssue 7 - June Quarter 2010 page 40
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Queensland Market Monitor is a quarterly, electronic publication entirely focused on residential sales and rental research data for regions throughout the State, on a suburb-by-suburb basis. It meets the high standards for accurate data and reliable analysis that you have come to expect from the REIQ.
Each edition includes:
• Median sale prices for houses, units/townhouses and land; • Median weekly rents for houses and units/townhouses; • Gross rental yields; • Rental vacancy rates (twice a year); • Useful charts and graphs; • Detailed comparisons; and • Analytical commentary.
This detailed level of information will enable you to conduct valuable comparisons between various regions and market segments, and to ensureyou are completely informed of all the latest market trends and fl uctuations.
Y O U R S T A T E - W I D E P R O P E R T Y R E S E A R C H G U I D E - S U B U R B B Y S U B U R B
The Real Estate Institute of Queensland
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