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Q  Mssue 8 Mmbr Iilland Q Mssue 8 Mmbr Iilland Document Transcript

  • Linda Jane Debello Licencee / Director L.J. GILLAND REAL ESTATE Proud to be a REIQ Individual MemberY O U R S TAT 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 MAR K E T QUEENSLAND MONITORIssue 8 www.reiq.com.au Opportunities stack up for buyers 10% Deposit - it just makes sense Click here to discover how a Deposit Power Guarantee can secure a 10% deposit. www.reiq.com.au
  • QUEENSLAND MAR K ET MONITORCOnTEnTS State-wide Summary.................................. page 2 Queensland Market Monitor is published by The Real Estate Institute of Queensland (REIQ). Regional Overview ABN 49 009 661 287 [Houses, Units & Townhouses, Vacant land, Rents] 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 Brisbane City.......................................... page 4 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 Brisbane Surrounds.............................. page 9 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 Gold Coast City..................................... page 14 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, Toowoomba Regional........................... page 16 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, Sunshine Coast City............................ page 18 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, Fraser Coast Regional.......................... page 21 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 Bundaberg Regional.............................. page 22 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 Gladstone Regional............................... page 24 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 Rockhampton Regional......................... page 25 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 Mackay Regional.................................... page 27 the express permission of the publisher. For permissions or reprints, contact the Market Place Strategy Division on phone 07 3249 7347. Townsville City........................................ page 29 Cairns Regional...................................... page 31 PUBLISHED: 10 December 2010 Other Regional Areas............................ page 33 The Real Estate Institute of Queensland Ltd. Copyright © 2010 Rental Yields & Vacancy Rates................ page 37 21 Turbo Drive, Coorparoo, PO Box 1555, Coorparoo DC Q 4151 Research Methodology............................. page 38 Ph: (07) 3249 7347 Fax: (07) 3249 6211 Email: research@reiq.com.au Explanatory Notes........................................ page 39 SEPTEMBER QUARTER 2010 STATE-WIDE SUMMARY Median house and unit prices SnAPSHOT OF lGA DATA The Queensland residential property market proved resilient SEPTEMBER QUARTER 2010 HOUSES in the September quarter even as the wider economy came to LOCAL GOVERNMENT AREA Median Change grips with six almost consecutive interest rates increases, and Sale Price over qtr the uncertainty surrounding the Federal Election during that SOUTHEAST QUEENSLAND time. BRISBANE (SD) $447,500 -2.7% However, agents across most of the State are reporting tough BRISBANE CITY $531,170 -1.3% market conditions partly due to a lack of committed buyers. IPSWICH CITY $310,000 -4.6% Sellers, therefore, are being more realistic about their price LOGAN CITY $355,000 -2.7% expectations which mean significant buying opportunities MORETON BAY REGIONAL $396,000 -2.7% currently exist. Across the state, preliminary sales numbers REDLAND CITY $450,500 -3.8% were subdued in many areas with median prices experiencing GOLD COAST CITY $480,000 -3.0% slight rises or falls. SUNSHINE COAST REGIONAL $455,000 -3.2% Agents are reporting that there is no urgency amongst buyers MAJOR REGIONAL CENTRES who have recognised that they are in the box seat. However, BUNDABERG REGIONAL ~ $272,000 -4.6% there appears to be a significant discrepancy between what CAIRNS REGIONAL $364,000 1.7% buyers are prepared to pay and what sellers will accept, even FRASER COAST REGIONAL $297,500 -0.8% after they have lowered their price expectation, which is GLADSTONE REGIONAL $392,000 5.9% resulting in stock remaining unsold on the market. MACKAY REGIONAL $392,500 -0.6% The strength of the mining sector has underpinned robust ROCKHAMPTON REGIONAL $315,000 -1.6% results in Gladstone specifically, as well as to a lesser degree in TOOWOOMBA REGIONAL $289,000 1.4% Toowoomba over the quarter. TOWNSVILLE CITY $365,000 -3.9% The Gladstone median house price increased 5.9 per cent to $392,000 since the June quarter. Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 2 www.reiq.com.au
  • BRISBAnE CITY SEPTEMBER QUARTER 2010 STATE-WIDE SUMMARY Gladstone’s property market was buoyed by the potential of QUEENSLAND HOUSE SALES the LNG projects earmarked for the region over the quarter. QUEENSLAND HOUSE SALES <$350,000 <$500,000 <$1m $1m+ With three multibillion-dollar LNG projects provisionally <$350,000 <$500,000 <$1m $1m+ approved since that time, demand for property has increased SEP 10 2815 3597 2309 224 markedly. SEP 10 2815 3597 2309 224 Investors and prospective mine employees have been waiting JUN 10 2730 3787 2639 260 for the announcements and have moved quickly to secure JUN 10 2730 3787 2639 260 property in the region. There are reports of investors buying multiple properties. MAR 10 2902 4015 2693 241 MAR 10 2902 4015 2693 241 The median house price in Toowoomba increased 1.4 per cent to $289,000 over the quarter and was up 7.4 per cent over the year. There is plenty of buyer inquiry in the region given Toowoomba’s location near the Surat Basin Energy Province however confidence needs to improve for activity to increase QUEENSLAND UNIT SALES QUEENSLAND UNIT SALES significantly. <$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 <$1m $1m+ The Cairns residential property market experienced a median 121 SEP 10 623 1228 1192 638 house price increase over the September quarter as well as SEP 10 623 1228 1192 638 121 a rise in preliminary sales numbers. Its median house price increased 1.7 per cent to $364,000 while sales numbers were JUN 10 604 1285 1469 733 124 JUN 10 604 1285 1469 733 124 up about 20 per cent over the period. SALES QUEENSLAND HOUSE The sound result was possibly due to some astute buyers recognising that the <$350,000 <$500,000 <$1m $1m+ MAR 10 597 1352 1425 716 158 market was at, or near, the bottom of its cycle. MAR 10 597 1352 1425 716 158 SEP 10 2815 3597 2309 224 The Queensland unit and townhouse market held its ground over the quarter with median prices relatively steady but preliminary sales numbers down by about 10 per cent. JUN 10 2730 3787 2639 260 decreases in preliminary sales numbers partly due to the near- QUEENSLAND LAND SALES completion of sales in new residential developments. Reduced demand in the $350,000 to $500,000 price was most QUEENSLAND LAND SALES <$250,000 <$350,000 <$500,000 <$1m $1m+ evident, with preliminary sales numbers down 19 per cent MAR 10 2902 4015 2693 241 Across Queensland there were about 1,619 preliminary$1m+ <$250,000 <$350,000 <$500,000 <$1m sales compared to the June quarter. This can be attributed to lower 38 of vacant urban land over the quarter, down about 13 per cent 38 levels of activity from first home buyers and investors. on the10 SEP previous quarter. 1277 was reduced 216 82 6 of sales SEP 10 There 1277 numbers6 216 82 across all price points over the period. 43 Toowoomba was the strongest performer for units and 43 Ipswich region experienced the highest increase in 9 1422 281 97 JUN 10 townhouses over the period with a median price increase of The JUN 10 1422 281 97 9 QUEENSLAND UNIT SALES 6.4 per cent to $240,000 and preliminary sales numbers up by preliminary sales over the period with 55 more preliminary43 43 5 per cent. <$250,000 <$350,000 <$500,000 <$1m $1m+ land sales recorded than the previous quarter. This is mainly MAR 10 1373 317 97 15 MAR 10 1373 317 97 15 due to the release of new residential developments in Brassall Ipswich and Bundaberg also fared well with median unit and SEP 10 623 1228 1192 638 121 and Redbank Plains where sales were up 45 and 20 respectively townhouse price increases of 4.5 per cent to $257,000 and 3.7 over the September quarter. per cent o $250,000 respectively. JUN 10 604 1285 1469 733 124 Median land prices Median rents MAR 10 597 1352 1425 716 158 Over the year to September, median rents across Queensland Demand and median prices for land across Queensland held recorded relatively minor price adjustments given the interest relatively steady over the quarter with the exception of the rate environment remained historically low over the that Gold and Sunshine coasts which experienced significant period. However, demand is increasing in most areas as many buyers stay on the sidelines. QUEENSLAND LAND SALES The REIQ’s September 2010 residential rental survey of property <$250,000 <$350,000 <$500,000 <$1m $1m+ managers found vacancy rates easing slightly in South East 38 Queensland, with the exception of the Sunshine Coast which SEP 10 1277 216 82 6 has seen residential rental demand increase marginally. 43 Regional Queensland is experiencing tighter vacancy rates JUN 10 1422 281 97 9 in most major centres, albeit with many still recording rates 43 in excess of 3 per cent. The resources industry is again MAR 10 1373 317 97 15 having an impact in areas such as Bundaberg, Gladstone and Rockhampton – all reporting vacancy rates substantially lower than those recorded in March.Issue 8 - September Quarter 2010 page 3 www.reiq.com.au
  • QUEENSLAND MAR K ET MONITOR BRISBAnE CITY Median house and unit prices The Brisbane residential property market was impacted by subdued buyer demand over the September quarter. BRISBANE CITY HOUSE SALES <$350,000 <$500,000 <$1m $1m+ The Brisbane median house price decreased 1.3 per cent to 137 $531,170 over the period. The preliminary number of house SEP 10 780 1177 124 SEP 1 sales was down by about 13 per cent over the quarter. 141 In Brisbane’s eastern suburbs, agents are reporting a cautious JUN 10 881 1373 141 JUN 1 but positive mood with increased inquiry. A reasonable 127 number of sales over a quite broad range of property prices MAR 10 863 1259 120 MAR 1 and types are taking place, however there is no real sense of urgency from buyers. Brisbane’s westerns suburbs stole the limelight this quarter with The Gap recording the city’s highest increase in BRISBANE SURROUNDS HOUSE SALES preliminary sales numbers over the year (up about 20 per BRISBANE CITY UNIT SALES <$350,000 <$500,000 <$1m $1m+ cent) and St Lucia’s annual median tipping the $1 million mark <$250,000 <$350,000 <$500,000 <$1m $1m+ and recording the highest increase in the median thanks to 41 SEP 10 815 1009 328 16 SEP 1 performance at the upper end of the market. SEP 10 265 628 270 37 SEP On the south side, Forest Lake, Sunnybank Hills and Calamvale 44 JUN 10 775 1111 424 14 JUN 1 continue to record high sales volumes however agents are JUN 10 254 684 282 47 JUN reporting a lack of urgency on behalf of both buyers and 50 sellers. The up-grader suburbs of Camp Hill, Carindale and MAR 10 839 1147 454 13 MAR 1 MAR 10 255 645 242 30 MAR Mount Gravatt East also performed well over the year with INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL preliminary sales numbers holding steady. The median Brisbane unit and townhouse price decreased 0.5 GOLD COAST HOUSE SALES per cent to $408,000 over the quarter, with preliminary sales BRISBANE SURROUNDS UNIT SALES <$350,000 <$500,000 <$1m $1m+ numbers also easing slightly during that time. <$250,000 BRISBANE CITY <$500,000SALES <$350,000 LAND $500,000+ 24 <$250,000 <$350,000 <$500,000 $500,000+ Steady performers over the quarter included Albion, Carina, SEP 10 433 332 49 SEP 1 Coorparoo, Sunnybank Hills and Tingalpa. Carina, particularly, SEP 10 20 113 231 71 38 SEP SEP 10 38 54 34 15 recorded solid results with a 3 per cent median price rise to JUN 10 417 364 54 JUN 1 $432,500 as well as a preliminary sales numbers more than JUN 10 16102 224 110 45 JUN doubling – to 26 – compared to the June quarter. JUN 10 54 49 36 15 MAR 10 434 422 58 MAR 1 There have been new starts on a number of small/medium MAR 10 104 240 101 55 MAR developments in the eastern suburbs, including waterfront MAR 10 26 55 47 12 sales in Kangaroo Point where one of Brisbane’s top unit sales INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL for the year to September was recorded for a unit in Castlebar SUNSHINE COAST HOUSE SALES Ave selling for $4.5 million. GOLD COAST UNIT SALES $1m+ <$350,000 <$500,000 <$1m Median rents BRISBANE SURROUNDS26 <$250,000 68 <$350,000 <$500,000 SALES LAND <$1m $1m+ Vacant land prices The SEP 10 <$250,000 a three-bedroom <$500,000 Brisbane median rent for 322 <$350,000 189 house in $500,000+ SEP 1 The median price of vacant land in Brisbane increased 5.2 per increased $10 to $380 per week between 191 50 SEP 10 104 46 374 282 September 2009 and 40 SEP cent to $315,000 over the quarter. Preliminary sales numbers September this year.348 median rent for a two-bedroom12 8 SEP 10 JUN 10 The 436 226 77 unit JUN 1 were steady over the period but were down over the year. also increased $10 to $365 per week over the same period. JUN 10 123 428 405 258 46 JUN 50 41 Fitzgibbon, about 16km north of Brisbane, was the best Agents in JUN 10 417 96 27 3 inner Brisbane are reporting some oversupply issues MAR 10 396 290 MAR 1 performing suburb with a median price rise of 4.4 per cent which is resulting in downward pressure on rents.278 RTA MAR 10 99 415 407 The 91 MAR to $234,950 over the quarter and the most preliminary sales reports median rents remaining relatively stable in the majority MAR 10 418 106 17 8 number at 19. These results can be attributed to Fitzgibbon of the inner city area. With the end of the university year now being a declared Urban Development Area. New development here, international IPSWICH & MORETON BAY REGIONAL returned home. INCLUDES REDLAND, LOGAN, students have also at Fitzgibbon will provide a range of housing choices to cater Brisbane’s outer SUNSHINE COASTaUNIT SALES suburbs are seeing number of break lease for the diverse needs of the northern Brisbane community situations and many agents are reportingSALES enquiry $1m+ GOLD<$350,000 LAND tenant <$1m COAST <$500,000 <$250,000 through a mix of densities, types, designs, price points and having slowed considerably. However, with many also <$250,000 <$350,000 <$500,000 $500,000+ home ownership and rental options. reporting a 46 in investor activity, supply 77 not increased drop has 24 SEP 10 140 99 SEP which as resulted in vacancy rates holding steady at 2.6 per SEP 10 52 25 16 cent. JUN 10 45 139 146 87 19 JUN Please see page 39 for legend and further notes JUN 10 83 41 8 14Issue 8 - September Quarter 2010 page 4 www.reiq.com.au
  • BRISBAnE CITY MEDIAN SALES DATA MEDIAN SALES DATA Suburb/ Number of Sep change 12 mths to change change Suburb/ Number of Sep change 12 mths to change change Locality Sales Sep Qtr over the end of over over Locality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr Sep 2010 1yr 5yrs Qtr 2010 2010 qtr Sep 2010 1yr 5yrs HOUSES HOUSES continued BRISBANE (SD) 4,386 $447,500 -2.7% $460,000 10.8% 46.3% GRANGE ~ 4 N/A N/A $678,750 -0.5% 56.0% BRISBANE (SD) ^ 328 $590,000 2.6% $590,000 9.3% 37.2% GREENSLOPES ~ 16 $591,500 -7.9% $624,000 20.0% 64.2% BRISBANE CITY (LGA) 2,218 $531,170 -1.3% $540,000 12.5% 49.2% HAMILTON ~ 13 $750,000 N/A $1,000,000 -16.0% 25.0% BRISBANE CITY (LGA) ^ ~ 44 $1,087,500 8.8% $1,095,000 25.9% 50.0% HAWTHORNE ~ 13 $820,000 N/A $850,000 24.1% 40.5% ACACIA RIDGE ~ 16 $317,500 -13.0% $337,500 3.2% 46.7% HEMMANT 8 N/A N/A $430,000 6.8% 45.8% ALBION 5 N/A N/A $650,000 N/A 66.7% HENDRA ~ * 10 $863,750 20.0% $800,000 21.2% 64.9% ALDERLEY 14 $625,000 1.2% $612,000 4.2% 47.5% HERSTON 4 N/A N/A $666,000 N/A N/A ALGESTER ~ 20 $397,550 -7.5% $422,000 8.2% 47.0% HIGHGATE HILL 3 N/A N/A $805,000 13.1% 46.4% ANNERLEY ~ 12 $554,500 -7.6% $597,500 14.9% 59.3% HOLLAND PARK ~ 26 $520,000 -7.1% $543,000 11.2% 55.1% ASCOT ~ 6 N/A N/A $1,212,500 30.0% 49.7% HOLLAND PARK WEST 16 $560,000 -6.4% $557,000 9.2% 61.4% ASHGROVE ~ 26 $798,750 17.5% $677,875 7.6% 53.0% INALA ~ G 30 $300,000 45.5% $296,000 2.1% 57.3% ASPLEY 22 $461,000 -6.6% $468,000 2.9% 38.8% INDOOROOPILLY ~ 15 $600,000 -11.1% $665,000 9.9% 25.5% AUCHENFLOWER 4 N/A N/A $800,000 9.3% 48.1% JAMBOREE HEIGHTS 7 N/A N/A $432,000 4.2% 47.9% BALD HILLS ~ 17 $395,000 2.6% $391,000 -0.4% 47.5% JINDALEE ~ 14 $484,000 -7.8% $495,000 10.7% 43.1% BALMORAL 8 N/A N/A $799,000 13.3% 59.8% KARANA DOWNS ^ 2 N/A N/A $520,000 11.8% 35.9% BANYO 26 $412,500 -4.1% $430,000 12.6% 56.1% KARANA DOWNS ~ 1 N/A N/A $405,000 -3.3% 47.3% BARDON ~ 30 $700,000 -12.7% $785,500 17.2% 58.7% KEDRON 19 $546,000 1.6% $540,000 11.8% 56.5% BELLBOWRIE ~ 12 $528,500 11.0% $490,000 14.2% 42.0% KELVIN GROVE 7 N/A N/A $632,000 5.4% 43.6% BELMONT 7 N/A N/A $589,000 10.1% 54.0% KENMORE 21 $565,000 -2.6% $565,000 13.0% 50.1% BOONDALL 18 $419,500 -0.8% $423,000 3.2% 36.3% KENMORE HILLS 3 N/A N/A $690,000 N/A 32.7% BRACKEN RIDGE 37 $410,000 -4.7% $419,500 2.3% 36.2% KEPERRA 14 $451,000 4.7% $435,000 6.1% 50.0% BRIDGEMAN DOWNS ~ 10 $672,500 -7.9% $706,750 14.0% 35.3% KURABY 8 N/A N/A $549,000 12.8% 41.7% BRIGHTON 35 $398,000 -4.1% $420,000 10.5% 48.4% LOTA 4 N/A N/A $472,000 1.1% 30.6% BULIMBA 26 $870,000 -1.0% $900,000 16.9% 36.9% MACGREGOR 13 $535,000 -3.1% $535,000 9.6% 40.8% BURBANK ^ ~ 5 $1,430,000 N/A $1,187,500 N/A N/A MACKENZIE 3 N/A N/A $620,000 N/A 37.8% CALAMVALE 33 $545,000 -2.3% $525,000 9.4% 48.3% MANLY ~ 8 N/A N/A $700,000 22.8% 49.6% CAMP HILL ~ 32 $707,750 8.9% $657,500 16.4% 51.1% MANLY WEST 25 $482,000 3.0% $506,000 8.8% 45.4% CANNON HILL 16 $572,500 -2.1% $570,000 16.8% 52.0% MANSFIELD 20 $500,000 4.7% $510,000 12.6% 54.3% CARINA 23 $535,000 7.0% $523,500 12.6% 49.6% MCDOWALL ~ 14 $605,000 11.5% $550,000 8.8% 33.8% CARINA HEIGHTS 7 N/A N/A $530,000 10.4% 46.8% MIDDLE PARK ~ 13 $545,000 13.5% $542,000 11.3% 41.7% CARINDALE 34 $665,750 -3.2% $700,000 11.8% 45.8% MITCHELTON 21 $545,000 3.8% $521,000 11.1% 65.4% CARSELDINE 9 N/A N/A $535,500 12.7% 46.8% MOGGILL 9 N/A N/A $485,000 4.3% 33.8% CHANDLER ^ ~ 2 N/A N/A $1,167,500 N/A N/A MOOROOKA 25 $488,000 -6.2% $500,000 10.8% 47.5% CHAPEL HILL 27 $650,000 -3.7% $650,000 9.2% 44.4% MORNINGSIDE ~ 20 $618,500 -8.9% $607,000 16.7% 59.3% CHELMER 8 N/A N/A $890,000 17.4% 50.3% MOUNT CROSBY ^ 3 N/A N/A $560,000 8.6% 45.5% CHERMSIDE 9 N/A N/A $465,000 4.6% 40.9% MOUNT GRAVATT 4 N/A N/A $490,000 4.5% 51.9% CHERMSIDE WEST 13 $485,000 -1.0% $466,337 7.8% 48.4% MOUNT GRAVATT EAST 35 $475,000 -0.8% $479,000 8.9% 44.1% CLAYFIELD ~ 19 $800,000 -10.1% $935,000 19.5% 53.3% MURARRIE ~ 10 $472,500 -9.4% $535,000 17.1% 33.8% COOPERS PLAINS 9 N/A N/A $437,500 8.6% 57.5% NEW FARM ~ 13 $980,000 N/A $1,012,500 19.6% 24.2% COORPAROO 23 $620,000 -1.6% $670,000 15.5% 52.1% NEWMARKET 16 $685,000 N/A $733,000 19.8% 74.5% CORINDA ~ 7 N/A N/A $682,500 20.8% 64.5% NORMAN PARK 20 $685,000 7.7% $665,000 3.9% 55.9% DARRA 7 N/A N/A $374,000 10.0% 66.2% NORTHGATE ~ 10 $459,500 -2.5% $475,500 -3.5% 36.8% DEAGON 8 N/A N/A $410,000 12.5% 49.1% NUDGEE 10 $485,000 N/A $475,000 5.4% 58.3% DOOLANDELLA 7 N/A N/A $405,000 16.0% 55.3% NUNDAH 14 $600,000 -3.2% $583,000 11.6% 55.5% DREWVALE ~ 15 $517,500 10.0% $487,000 9.4% 45.4% OXLEY ~ 22 $425,000 -7.4% $454,000 8.2% 51.3% DURACK 22 $366,250 -5.8% $370,000 11.4% 48.0% PADDINGTON ~ 24 $855,000 0.6% $822,500 22.5% 67.9% EAST BRISBANE 13 $645,000 -5.6% $698,250 12.6% 54.3% PARKINSON ~ 19 $500,000 -9.9% $525,000 11.0% 41.5% EIGHT MILE PLAINS ~ 18 $520,250 -13.3% $600,000 11.1% 46.9% PULLENVALE ^ ~ 8 $1,330,000 19.6% $1,080,000 15.8% 42.1% ENOGGERA 15 $630,000 -0.8% $565,000 12.1% 56.9% RED HILL ~ 22 $670,500 -13.5% $700,000 7.7% 45.5% EVERTON PARK ~ 13 $449,000 -13.2% $491,500 14.3% 48.8% RIVERHILLS 11 $420,000 -3.8% $438,300 8.2% 47.1% FAIRFIELD 6 N/A N/A $585,250 1.3% 55.4% ROBERTSON 5 N/A N/A $714,700 17.2% 41.3% FERNY GROVE ~ 20 $485,000 -10.3% $498,000 2.7% 34.6% ROCKLEA 2 N/A N/A $368,000 2.8% 63.6% FIG TREE POCKET ~ 7 N/A N/A $725,000 -1.7% 55.9% RUNCORN 28 $421,500 -4.1% $430,000 4.6% 47.0% FITZGIBBON 12 $397,500 N/A $418,000 2.0% 45.1% SALISBURY ~ 21 $450,000 -7.9% $450,000 8.4% 49.7% FOREST LAKE ~ 66 $380,000 -8.5% $410,000 10.3% 44.9% SANDGATE 7 N/A N/A $525,000 11.2% 38.2% GAYTHORNE 6 N/A N/A $541,625 4.7% 49.2% SEVEN HILLS 9 N/A N/A $585,000 8.7% 42.6% GEEBUNG 16 $459,000 0.9% $455,000 11.0% 52.9% SEVENTEEN MILE ROCKS 6 N/A N/A $539,750 15.6% 61.8% GORDON PARK 10 $550,500 N/A $585,000 7.3% 42.7% SHERWOOD 7 N/A N/A $710,000 5.3% 60.5% GRACEVILLE ~ 14 $626,250 -18.9% $711,800 9.5% 53.7% SINNAMON PARK 18 $597,500 -6.6% $640,000 10.3% 50.6% Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 5 www.reiq.com.au
  • QUEENSLAND MAR K ET MONITOR BRISBAnE CITY MEDIAN SALES DATA MEDIAN SALES DATA Suburb/ Number of Sep change 12 mths to change change Suburb/ Number of Sep change 12 mths to change change Locality Sales Sep Qtr over the end of over over Locality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr Sep 2010 1yr 5yrs Qtr 2010 2010 qtr Sep 2010 1yr 5yrs HOUSES continued UNITS & TOWNHOUSES continued SPRING HILL 4 N/A N/A $787,500 N/A 39.3% EIGHT MILE PLAINS * 13 $380,000 -1.3% $373,000 4.3% 58.7% ST LUCIA ~ 11 $865,000 N/A $1,035,000 35.1% 43.5% ENOGGERA * 3 N/A N/A $390,000 -4.9% N/A STAFFORD 17 $550,000 6.8% $480,000 6.7% 61.3% EVERTON PARK 2 N/A N/A $369,000 7.0% 50.0% STAFFORD HEIGHTS 19 $465,000 -2.1% $480,000 11.4% 50.0% FORTITUDE VALLEY 37 $395,000 -4.4% $411,000 3.4% 27.4% STRETTON ~ 7 N/A N/A $627,500 -1.2% 25.5% GAYTHORNE * 7 N/A N/A $400,000 N/A 86.7% SUNNYBANK 23 $540,000 -4.8% $545,000 9.0% 50.3% GORDON PARK 8 N/A N/A $357,500 3.6% 33.1% SUNNYBANK HILLS 29 $485,000 -1.0% $510,000 15.3% 47.8% GREENSLOPES 19 $360,000 -2.7% $377,000 4.1% 47.8% TAIGUM ~ 10 $433,500 -9.5% $452,500 8.0% 37.1% HAMILTON ~ * 13 $440,000 -21.4% $527,500 28.7% 32.5% TARINGA ~ 13 $680,000 N/A $761,000 21.3% 49.2% HAWTHORNE 7 N/A N/A $420,625 2.6% 45.0% TARRAGINDI 31 $602,000 5.0% $590,000 15.1% 59.4% HIGHGATE HILL 9 N/A N/A $450,000 5.6% 42.9% THE GAP 37 $560,000 -2.8% $568,000 13.6% 48.3% INDOOROOPILLY ~ * 22 $449,000 -5.0% $465,000 10.2% 40.9% TINGALPA 24 $413,000 -5.5% $440,000 4.9% 46.4% KANGAROO POINT * f 33 $550,000 8.9% $505,000 20.7% 34.7% TOOWONG 8 N/A N/A $710,000 12.7% 59.4% KEDRON 10 $351,250 N/A $335,000 6.0% 46.9% UPPER KEDRON 8 N/A N/A $540,000 4.9% 30.8% KELVIN GROVE * 5 N/A N/A $415,000 -3.5% 27.7% UPPER MOUNT GRAVATT 25 $467,000 -3.7% $473,500 8.9% 50.8% LUTWYCHE 6 N/A N/A $393,000 12.3% 54.1% VIRGINIA 6 N/A N/A $432,000 1.6% 39.4% MOOROOKA * 10 $420,000 -0.2% $420,000 27.3% 75.0% WAKERLEY ~ 27 $590,000 -11.3% $631,500 14.1% 45.2% MORNINGSIDE ~ * 18 $433,750 -6.7% $440,500 4.3% 42.1% WAVELL HEIGHTS 37 $552,000 2.1% $540,250 12.6% 56.6% MOUNT GRAVATT EAST 7 N/A N/A $376,000 7.4% 39.3% WEST END 12 $835,000 N/A $810,000 12.2% 59.8% NEW FARM ~ f * 56 $510,000 -8.1% $527,500 18.5% 38.3% WESTLAKE 11 $687,500 -1.1% $620,000 14.7% 37.0% NEWSTEAD 5 f 3 N/A N/A $499,500 -3.1% 24.6% WILSTON ~ 12 $950,000 15.2% $862,500 17.3% 75.7% NORMAN PARK * 6 N/A N/A $470,500 3.4% 54.3% WINDSOR ~ 11 $580,000 -10.4% $677,500 11.8% 79.1% NORTHGATE * 12 $345,000 N/A $369,500 -9.9% 64.2% WISHART 19 $582,000 4.1% $570,000 15.4% 54.9% NUNDAH * 29 $340,000 -16.0% $382,250 -8.3% 62.7% WOOLLOONGABBA ~ 9 N/A N/A $678,000 20.0% 93.4% PADDINGTON 6 N/A N/A $445,500 3.3% 43.7% WOOLOOWIN 10 $598,000 -2.5% $680,000 13.8% 49.5% RICHLANDS * 1 N/A N/A $335,000 N/A N/A WYNNUM ~ 36 $501,250 -10.5% $538,000 17.0% 43.9% RUNCORN 13 $325,000 -1.8% $339,000 4.3% 45.7% WYNNUM WEST 34 $445,000 1.6% $450,000 2.3% 42.9% SHERWOOD * 8 N/A N/A $412,500 -2.9% 39.8% YERONGA ~ 5 N/A N/A $672,500 -1.0% 38.7% SOUTH BRISBANE ~ f 28 $461,750 8.6% $432,500 8.4% 25.4% ZILLMERE 21 $402,000 1.7% $410,000 9.6% 64.0% SPRING HILL ~ * 22 $352,500 -7.8% $417,000 8.6% 58.6% ST LUCIA ~ * 22 $425,000 -3.7% $440,000 -0.6% 42.6% STAFFORD 6 N/A N/A $415,000 5.7% 72.9% UNITS & TOWNHOUSES SUNNYBANK HILLS 8 N/A N/A $370,500 7.4% 68.4% BRISBANE (SD) 1,697 $375,000 -1.8% $377,000 6.2% 42.3% TAIGUM * 19 $352,000 11.7% $360,000 7.5% 54.2% BRISBANE CITY (LGA) 1,241 $408,000 -0.5% $405,000 6.6% 39.7% TARINGA * 27 $440,000 4.8% $426,250 9.6% 49.6% ALBION 8 N/A N/A $418,000 8.6% 47.2% TENERIFFE * f 26 $582,500 5.9% $550,000 3.4% 42.9% ALDERLEY 6 N/A N/A $376,000 4.7% 49.2% TENNYSON * f 3 N/A N/A $1,015,000 N/A N/A ALGESTER * 7 N/A N/A $347,000 13.8% 25.3% TINGALPA 8 N/A N/A $345,000 7.5% 49.7% ANNERLEY ~ * 22 $412,000 8.7% $365,500 1.5% 53.6% TOOWONG ~ f 32 $425,375 -1.4% $440,000 12.5% 52.1% ASCOT ~ 18 $391,500 -6.8% $405,000 7.3% 35.0% UPPER MOUNT GRAVATT * 8 N/A N/A $380,000 -1.9% 49.9% ASHGROVE 11 $360,000 N/A $405,000 5.9% 44.4% WAKERLEY 6 N/A N/A $392,500 N/A 31.3% ASPLEY 9 N/A N/A $379,000 5.3% 46.9% WEST END * 16 $536,250 3.1% $530,000 1.9% 35.9% AUCHENFLOWER 15 $430,000 -1.6% $430,000 0.1% 31.9% WILSTON 3 N/A N/A $435,000 N/A N/A BALMORAL ~ 6 N/A N/A $499,999 19.8% 54.4% WINDSOR 5 N/A N/A $367,500 8.9% 41.3% BARDON * 8 N/A N/A $625,000 N/A 76.1% WISHART 7 N/A N/A $365,000 3.8% 28.5% BOWEN HILLS 11 $410,000 N/A $426,500 1.5% 27.3% WOOLLOONGABBA * 11 $432,500 7.5% $420,000 6.3% 42.4% BRACKEN RIDGE * 10 $357,000 0.6% $355,000 1.5% N/A WOOLOOWIN ~ * 4 N/A N/A $387,500 16.9% 72.2% BRIDGEMAN DOWNS * 11 $371,000 N/A $369,500 N/A 19.2% WYNNUM 6 N/A N/A $385,000 7.7% 33.4% BRISBANE CITY * f 72 $510,000 13.6% $475,000 8.1% 24.0% WYNNUM WEST 6 N/A N/A $325,000 4.8% 47.7% BULIMBA ~ 15 $513,000 -5.0% $498,000 -1.4% 28.4% YERONGA 10 $436,500 -1.9% $415,000 0.7% 45.6% CALAMVALE * 14 $347,250 8.5% $352,000 0.5% 67.6% ZILLMERE 12 $356,250 -4.4% $365,000 7.4% 69.8% CARINA 26 $432,500 3.0% $430,000 6.6% 34.4% CARINA HEIGHTS 9 N/A N/A $460,000 3.4% 67.3% CARINDALE ~ * 10 $632,500 N/A $528,500 14.9% 106.0% CARSELDINE 7 N/A N/A $360,000 0.6% 50.0% CHERMSIDE 18 $384,000 1.1% $413,500 2.9% 51.9% CLAYFIELD 19 $355,000 -2.1% $367,000 2.8% 50.1% COORPAROO 37 $385,000 4.1% $380,000 8.7% 55.1% CORINDA * f 6 N/A N/A $417,500 -3.1% 72.5% EAST BRISBANE * 27 $455,000 N/A $440,000 17.3% 87.2% Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 6 www.reiq.com.au
  • BRISBAnE CITY MEDIAN SALES DATA MEDIAN WEEKLY RENTS Suburb/ Number of Sep change 12 mths to change change Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Postcode Locality Sales Sep Qtr over the end of over over Localities Rent New Rent New Qtr 2010 2010 qtr Sep 2010 1yr 5yrs ($) Bonds ($) Bonds VACANT URBAN LAND 3 BEDROOM HOUSES continued BRISBANE (SD) 676 $200,000 -4.7% $207,000 -3.7% 22.5% 4065 Bardon $430 34 $460 37 BRISBANE (SD) ^ 79 $295,000 3.5% $305,000 1.7% 35.6% North West - Outer $360 232 $360 229 BRISBANE CITY (LGA) * 143 $315,000 5.2% $305,000 9.2% 38.6% 4053 Everton Park/ McDowall/ Mitchelton/ Stafford/ etc. $360 154 $360 142 BRISBANE CITY (LGA) ^ ~ 10 N/A N/A $675,000 50.0% -3.6% 4054 Arana Hills/ Keperra $360 51 $350 51 BRIDGEMAN DOWNS * 1 N/A N/A $399,000 30.8% N/A 4061 The Gap $390 27 $390 36 CALAMVALE * 9 $342,000 -1.6% $335,000 19.4% 47.8% South - Inner $380 386 $375 363 CARSELDINE * 1 N/A N/A $280,000 0.9% N/A 4103 Annerley/ Fairfield $390 46 $400 52 DOOLANDELLA * 11 $232,000 N/A $230,000 3.6% N/A 4104 Yeronga $410 14 $390 20 DURACK * 9 $215,000 5.9% $212,500 N/A N/A 4105 Moorooka/ Tennyson/ Yeerongpilly $355 53 $350 45 EIGHT MILE PLAINS * 5 $340,000 N/A $346,000 9.8% 21.4% 4120 Greenslopes $420 28 $390 30 FITZGIBBON * G 19 $234,950 4.4% $225,950 N/A N/A 4121 Holland Park/ Holland Park West/ Tarragindi $400 94 $385 96 HEATHWOOD * 2 N/A N/A $233,000 -2.5% 59.6% 4122 Mansfield/ Mt Gravatt/ Wishart/ etc. $370 149 $365 119 SUNNYBANK * 4 N/A N/A $454,000 N/A N/A South - Outer $350 314 $345 339 UPPER KEDRON * 15 $300,000 N/A $297,000 N/A 32.0% 4106 Rocklea $310 6 $330 15 WAKERLEY * 12 $343,750 -17.2% $340,000 22.7% 33.9% 4107 Salisbury $345 27 $350 39 4108 Archerfield/ Coopers Plains $350 41 $340 31 4109 Macgregor/ Robertson/ Sunnybank/ etc. $360 77 $355 87 4110 Acacia Ridge/ Willawong $325 67 $310 54 4112 Kuraby $350 9 $360 7 4113 Eight Mile Plains/ Runcorn $360 54 $350 64 4115 Algester/ Parkinson $360 18 $350 20 MEDIAN WEEKLY RENTS 4116 Calamvale/ Drewvale/ Stretton $365 15 $360 22 Sep Qtr 2010 Sep Qtr 2009 South East - Inner $400 341 $390 377 Suburbs/ Postcode Localities Rent New Rent New 4151 Coorparoo $420 37 $380 43 ($) Bonds ($) Bonds 4152 Camp Hill/ Carina/ Carina Heights/ Carindale $390 123 $390 139 3 BEDROOM HOUSES 4170 Cannon Hill/ Morningside/ Norman Park/ etc. $400 116 $390 119 BRISBANE CITY COUNCIL AREA $380 3,117 $370 3,070 4171 Balmoral/ Bulimba/ Hawthorne $470 56 $440 59 Bayside $370 163 $365 148 4172 Murarrie $390 9 $385 17 4178 Lytton/ Wynnum/ Wynnum West $370 97 $360 88 South East - Outer $375 53 $375 58 4179 Lota/ Manly/ Manly West $375 66 $370 60 4153 Belmont $395 9 $405 12 City Inner $470 292 $450 240 4154 Gumdale/ Ransome/ Wakerley $420 10 $430 8 4000 Brisbane City/ Spring Hill $520 29 $480 19 4173 Tingalpa $370 23 $365 25 4005 New Farm $525 19 $480 17 4174 Hemmant $360 9 $365 8 4006 Bowen Hills/ Fortitude Valley/ Herston/ Newstead $530 12 $480 17 South West - Inner $390 107 $380 114 4064 Milton/ Paddington $450 64 $440 54 4068 Chelmer/ Indooroopilly/ Taringa $420 47 $400 48 4066 Auchenflower/ Toowong $460 34 $450 45 4075 Corinda/ Graceville/ Oxley/ Sherwood $375 60 $360 66 4067 St Lucia $400 14 $350 17 South West - Outer $340 380 $330 352 4101 Highgate Hill/ South Brisbane/ West End $470 50 $495 24 4069 Brookfield/ Chapel Hill/ Fig Tree Pocket/ etc. $400 56 $400 53 4102 Buranda/ Dutton Park/ Wooloongabba $440 33 $450 19 4070 Anstead/ Bellbowrie/ Moggill $360 9 $330 11 4169 East Brisbane/ Kangaroo Point $495 37 $440 28 4073 Seventeen Mile Rocks/ Sinnamon Park $360 20 $350 15 North - Inner $400 341 $390 331 4074 Jindalee/ Mt Ommaney/ Sumner/ Westlake/ etc. $375 79 $350 60 4007 Ascot/ Hamilton $525 23 $450 33 4076 Darra/ Wacol $300 30 $310 27 4010 Albion $350 7 $350 11 4077 Doolandella/ Durack/ Inala/ Richlands $295 73 $290 61 4011 Clayfield/ Hendra $430 44 $489 42 4078 Ellen Grove/ Forest Lake $340 113 $320 125 4012 Nundah/ Toombul/ Wavell Heights $380 63 $370 60 4030 Lutwyche/ Windsor/ Wooloowin $420 50 $420 41 4031 Gordon Park/ Kedron $390 45 $370 40 2 BEDROOM FLATS/UNITS 4051 Alderley/ Enogerra/ Newmarket/ Wilston/ etc. $400 109 $380 98 BRISBANE CITY COUNCIL AREA $365 4,303 $355 4,171 North - Outer $360 383 $350 393 Bayside $295 63 $290 57 4013 Northgate $380 10 $335 17 4178 Lytton/ Wynnum/ Wynnum West $290 41 $290 39 4014 Banyo/ Nudgee/ Virginia $360 48 $360 35 4179 Lota/ Manly/ Manly West $320 22 $290 18 4017 Bracken Ridge/ Brighton/ Deagon/ Sandgate/ etc. $350 104 $340 111 City Inner $440 1,851 $440 1,792 4018 Fitzgibbon/ Taigum $375 29 $350 24 4000 Brisbane City/ Spring Hill $540 322 $530 337 4032 Chermside/ Chermside West $360 53 $360 51 4005 New Farm $450 263 $415 186 4034 Aspley/ Boondall/ Carseldine/ Geebung/ Zillmere $360 119 $350 128 4006 Bowen Hills/ Fortitude Valley/ Herston/ Newstead $460 307 $450 324 4036 Bald Hills $355 20 $350 27 4064 Milton/ Paddington $360 80 $370 62 North West - Inner $450 125 $450 126 4066 Auchenflower/ Toowong $380 221 $365 232 4059 Kelvin Grove/ Red Hill $460 50 $450 44 4067 St Lucia $400 129 $390 112 4060 Ashgrove $430 41 $400 45 4101 Highgate Hill/ South Brisbane/ West End $450 255 $450 277 Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 7 www.reiq.com.au
  • QUEENSLAND MAR K ET MONITOR BRISBAnE CITY MEDIAN WEEKLY RENTS MEDIAN WEEKLY RENTS Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Postcode Postcode Localities Rent New Rent New Localities Rent New Rent New ($) Bonds ($) Bonds ($) Bonds ($) Bonds 2 BEDROOM FLATS/UNITS continued 3 BEDROOM TOWNHOUSES continued 4102 Buranda/ Dutton Park/ Wooloongabba $400 65 $400 46 North - Inner $410 100 $410 89 4169 East Brisbane/ Kangaroo Point $410 209 $420 216 4011 Clayfield/ Hendra $545 9 $525 8 North - Inner $330 773 $320 760 4012 Nundah/ Toombul/ Wavell Heights $390 27 $380 17 4007 Ascot/ Hamilton $350 108 $350 119 4030 Lutwyche/ Windsor/ Wooloowin $450 16 $420 11 4010 Albion $335 29 $340 24 4031 Gordon Park/ Kedron $400 11 $400 10 4011 Clayfield/ Hendra $325 138 $315 133 4051 Alderley/ Enogerra/ Newmarket/ Wilston/ etc. $415 33 $400 33 4012 Nundah/ Toombul/ Wavell Heights $350 179 $345 213 North - Outer $355 238 $355 136 4030 Lutwyche/ Windsor/ Wooloowin $300 90 $300 103 4013 Northgate $380 12 $360 7 4031 Gordon Park/ Kedron $300 86 $300 72 4017 Bracken Ridge/ Brighton/ Deagon/ Sandgate/ etc. $350 119 $350 40 4051 Alderley/ Enogerra/ Newmarket/ Wilston/ etc. $330 143 $315 96 4018 Fitzgibbon/ Taigum $345 25 $340 24 North - Outer $320 229 $320 196 4032 Chermside/ Chermside West $420 37 $380 21 4013 Northgate $300 19 $280 20 4034 Aspley/ Boondall/ Carseldine/ Geebung/ Zillmere $365 45 $360 44 4014 Banyo/ Nudgee/ Virginia $340 13 $300 10 North West - Inner $460 17 $450 14 4017 Bracken Ridge/ Brighton/ Deagon/ Sandgate/ etc. $280 22 $270 18 4059 Kelvin Grove/ Red Hill $460 8 $420 6 4032 Chermside/ Chermside West $335 101 $330 101 4060 Ashgrove $400 5 n.a. 2 4034 Aspley/ Boondall/ Carseldine/ Geebung/ Zillmere $320 70 $310 42 North West - Outer $390 49 $375 59 North West - Inner $350 120 $350 128 4053 Everton Park/ McDowall/ Mitchelton/ Stafford/ etc. $390 40 $375 40 4059 Kelvin Grove/ Red Hill $365 81 $360 77 4054 Arana Hills/ Keperra $350 7 $350 8 4060 Ashgrove $340 32 $350 43 South - Inner $400 134 $385 132 4065 Bardon $285 7 $235 8 4103 Annerley/ Fairfield $440 23 $410 14 North West - Outer $300 52 $320 54 4104 Yeronga $430 10 $420 9 4053 Everton Park/ McDowall/ Mitchelton/ Stafford/ etc. $300 49 $320 52 4105 Moorooka/ Tennyson/ Yeerongpilly $395 23 $370 16 South - Inner $330 427 $310 400 4120 Greenslopes $440 20 $400 9 4103 Annerley/ Fairfield $310 83 $310 103 4121 Holland Park/ Holland Park West/ Tarragindi $400 12 $400 10 4104 Yeronga $325 31 $310 24 4122 Mansfield/ Mt Gravatt/ Wishart/ etc. $385 46 $380 74 4105 Moorooka/ Tennyson/ Yeerongpilly $360 93 $295 52 South - Outer $370 380 $360 325 4120 Greenslopes $320 95 $310 89 4107 Salisbury $450 7 n.a. 3 4121 Holland Park/ Holland Park West/ Tarragindi $320 36 $290 39 4109 Macgregor/ Robertson/ Sunnybank/ etc. $390 69 $380 45 4122 Mansfield/ Mt Gravatt/ Wishart/ etc. $360 86 $330 86 4110 Acacia Ridge/ Willawong $320 8 $320 6 South - Outer $375 50 $315 56 4112 Kuraby $360 22 $360 22 4109 Macgregor/ Robertson/ Sunnybank/ etc. $390 36 $385 37 4113 Eight Mile Plains/ Runcorn $385 163 $380 142 4115 Algester/ Parkinson $280 7 n.a. 2 4115 Algester/ Parkinson $350 53 $350 42 South East - Inner $340 410 $330 402 4116 Calamvale/ Drewvale/ Stretton $360 58 $360 65 4151 Coorparoo $330 188 $320 144 South East - Inner $400 218 $400 171 4152 Camp Hill/ Carina/ Carina Heights/ Carindale $330 36 $325 41 4151 Coorparoo $440 16 $460 10 4170 Cannon Hill/ Morningside/ Norman Park/ etc. $350 89 $330 105 4152 Camp Hill/ Carina/ Carina Heights/ Carindale $395 114 $380 88 4171 Balmoral/ Bulimba/ Hawthorne $360 97 $370 112 4170 Cannon Hill/ Morningside/ Norman Park/ etc. $420 57 $420 47 South East - Outer $340 7 $300 11 4171 Balmoral/ Bulimba/ Hawthorne $490 20 $500 19 4173 Tingalpa $340 7 $350 8 4172 Murarrie $460 11 $410 7 South West - Inner $350 299 $345 291 South East - Outer $385 60 $380 47 4068 Chelmer/ Indooroopilly/ Taringa $350 268 $350 238 4153 Belmont $410 9 $395 12 4075 Corinda/ Graceville/ Oxley/ Sherwood $320 31 $300 53 4154 Gumdale/ Ransome/ Wakerley $390 28 $380 20 South West - Outer $310 22 $310 24 4173 Tingalpa $360 22 $350 12 4077 Doolandella/ Durack/ Inala/ Richlands $176 7 n.a. 4 South West - Inner $390 57 $370 57 4078 Ellen Grove/ Forest Lake $330 11 $325 14 4068 Chelmer/ Indooroopilly/ Taringa $495 17 $470 12 4075 Corinda/ Graceville/ Oxley/ Sherwood $370 40 $365 45 3 BEDROOM TOWNHOUSES South West - Outer $345 93 $380 52 BRISBANE CITY COUNCIL AREA $380 1,479 $375 1,215 4069 Brookfield/ Chapel Hill/ Fig Tree Pocket/ etc. $400 5 n.a. 4 Bayside $370 61 $360 86 4073 Seventeen Mile Rocks/ Sinnamon Park $385 9 $380 16 4178 Lytton/ Wynnum/ Wynnum West $370 38 $355 41 4074 Jindalee/ Mt Ommaney/ Sumner/ Westlake/ etc. $395 16 $395 17 4179 Lota/ Manly/ Manly West $365 23 $375 45 4077 Doolandella/ Durack/ Inala/ Richlands $330 39 n.a. 2 City Inner $560 72 $500 47 4078 Ellen Grove/ Forest Lake $320 21 $330 8 4000 Brisbane City/ Spring Hill $540 6 n.a. 3 4005 New Farm $700 5 $500 5 4006 Bowen Hills/ Fortitude Valley/ Herston/ Newstead $550 10 $540 9 4064 Milton/ Paddington $570 11 $480 8 4066 Auchenflower/ Toowong $480 10 $450 7 4067 St Lucia $550 13 $550 5 4101 Highgate Hill/ South Brisbane/ West End $580 15 n.a. 4 Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 8 www.reiq.com.au
  • <$350,000 <$500,000 <$1m $1m+ 137 SEP 10 780 1177 124 SEP 1 141 JUN 10 881 1373 141 JUN 1 127 MAR 10 863 1259 120 MAR 1 BRISBAnE SURROUnDS Median house and unit prices BRISBANE SURROUNDS HOUSE SALES The Brisbane surrounds residential property market was BRISBANE <$500,000 SALES $1m+ CITY UNIT <$1m <$350,000 impacted by lower buyer demand over the September quarter, <$250,000 <$350,000 <$500,000 <$1m $1m+ with preliminary sales numbers down around 7 per cent SEP 10 41 815 1009 328 16 SEP 1 overall. SEP 10 265 628 270 37 SEP 1 44 Ipswich’s median house price decreased 4.6 per cent to JUN 10 775 1111 424 14 JUN 1 $310,000 over the quarter with sales numbers dipping by JUN 10 254 684 282 47 JUN 1 about 6 per cent over the period. Moreton Bay’s median house 50 MAR 10 839 1147 454 13 MAR 1 price decreased 2.7 per cent to $396,000 over the quarter. Its MAR 10 255 645 242 30 MAR 1 number of house sales was also down by 13 per cent. INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL Logan’s median house price decreased 2.7 per cent to $355,000 with steady preliminary house sales numbers. Redland GOLD COAST HOUSE SALES recorded a 3.8 per cent drop in its median house price to BRISBANE SURROUNDS UNIT SALES <$350,000 <$500,000 <$1m $1m+ $450,500 with the number of sales firm. <$250,000 24 BRISBANE CITY LAND SALES <$350,000 <$500,000 $500,000+ Solid performers over the quarter included Bellbird Park in SEP 10 <$250,000 433 <$350,000 332 <$500,000 49 $500,000+ SEP 1 Ipswich, which had a median house price rise of 7.6 per cent to SEP 10 20 113 231 71 38 SEP 1 $313,000. The median house price in Daisy Hill in Logan was up SEP 10 JUN 10 38 417 54 34 36415 54 SEP JUN 1 7.5 per cent to $437,500. JUN 10 16102 224 110 45 JUN 1 In Moreton Bay, Redcliffe and neighbouring Woody Point JUN 10 MAR 10 54 434 49 36 422 15 58 JUN MAR 1 performed well, up 9.2 per cent to $409,500 and 11.5 per MAR 10 104 240 101 55 MAR 1 cent to $445,000 respectively. Wellington Point in Redland MAR 10 26 55 47 12 MAR City experienced a 3.4 per cent median house price rise to INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL $552,500. SUNSHINE COAST HOUSE SALES The median unit and townhouse price in Ipswich increased <$350,000 GOLD COAST UNIT SALES <$500,000 <$1m $1m+ 4.5 per cent to $257,000 with sales numbers steady. Logan’s BRISBANE SURROUNDS LAND SALES <$250,000 <$350,000 <$500,000 <$1m $1m+ 68 26 median unit price fell 3.8 per cent to $255,000 over the period, SEP 10 <$250,000 322 <$350,000 189 <$500,000 $500,000+ SEP 1 but this result was impacted by the reduction of sales in new SEP 10 104 46 374 282 191 50 SEP SEP 10 436 40 77 12 8 developments compared to the June quarter. SEP 1 JUN 10 348 226 JUN 1 Moreton Bay’s median unit and townhouse price decreased 3 JUN 10 123 50 428 405 258 46 JUN JUN 10 417 96 41 27 3 JUN 1 per cent to $320,000 however its number of sales was steady. MAR 10 396 290 MAR 1 Redcliffe again performed well, posting a 7.3 per cent price rise MAR 10 99 415 407 278 91 MAR to $415,000 over the quarter, partly due to the sale of new, and MAR 10 418 106 17 8 MAR 1 waterfront, stock. INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL The Redland median unit and townhouse price decreased 6.5 per cent to $325,000. This result is partially due to the lower SUNSHINE COAST UNIT SALES GOLD COAST LAND SALES number of sales of new, and waterfront, stock in Cleveland in Over the September quarter, the median land price on the <$250,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 $500,000+ the September quarter compared to the June quarter. mainland was $310,000, while the median price on the bay islands 10 $40,000. SEP was 52 25 16 SEP 10 46 140 99 77 24 SEP Vacant land prices Ipswich was a stellar performer over the period recording a 1.4 Median rents JUN 10 83 41 8 1487 JUN JUN 10 45 139 146 19 JUN per cent median land price increase to $179,000 as well as an Median weekly rents across Brisbane surrounds remained increase in the preliminary number of sales. firmMAR 10 between September 2009 and September this year. 67 38 5 14 MAR MAR 10 44 163 145 100 23 MAR Moreton Bay and Logan both recorded a $10 increase for three The Ipswich region experienced the highest increase in -bedroom houses over the period, while Ipswich posted a $15 sales across Queensland with 55 more preliminary land sales increase for two-bedroom units. recorded than the previous quarter. This is mainly due to the release of new residential developments in Brassall and SUNSHINE COAST LAND SALES Vacancy rates in Greater Brisbane have continued to hold Redbank Plains where sales were up by 45 and 20 respectively steady at around 3 <$250,000 per cent for most<$500,000 $250 000 <$350,000 $350 000 areas, although Moreton $500 000 $500 000 $500,000+ over the September quarter. Bay eased slightly to 3.8 per cent in September. SEP 10 39 18 18 9 SEP For the first time, the REIQ has calculated the price of median Ipswich and Logan have both remained unchanged at 2.3 per vacant land on the Redland mainland and on the region’s bay cent since March. Both regions report a range of two to five JUN 10 52 47 15 11 JUN islands. applicants per rental listing and little change in investor activity. MAR 10 66 61 13 15 MAR Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 9 www.reiq.com.au
  • QUEENSLAND MAR K ET MONITOR BRISBAnE SURROUnDS MEDIAN SALES DATA MEDIAN SALES DATA Suburb/ Number of Sep change 12 mths to change change Suburb/ Number of Sep change 12 mths to change change Locality Sales Sep Qtr over the end of over over Locality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr Sep 2010 1yr 5yrs Qtr 2010 2010 qtr Sep 2010 1yr 5yrs HOUSES HOUSES continued IPSWICH CITY (LGA) 388 $310,000 -4.6% $320,000 1.6% 46.8% MUNRUBEN ^ 4 N/A N/A $510,000 5.2% 30.8% IPSWICH CITY (LGA) ^ 35 $500,000 6.8% $490,000 8.9% 36.1% NEW BEITH ^ ~ 7 $529,000 -0.2% $529,000 -0.8% 45.9% AUGUSTINE HEIGHTS * 6 N/A N/A $584,500 8.2% N/A REGENTS PARK 38 $362,000 2.1% $362,000 2.0% 44.8% BELLBIRD PARK ~ 15 $313,000 7.6% $319,000 -3.3% 51.2% ROCHEDALE SOUTH 46 $405,750 -3.4% $420,000 7.7% 48.9% BOOVAL ~ 7 $269,000 -10.3% $291,500 7.2% 48.5% SHAILER PARK 29 $432,000 -4.5% $470,000 5.6% 35.5% BRASSALL ~ 19 $300,000 -12.4% $335,000 1.5% 36.7% SLACKS CREEK ~ 19 $310,000 4.2% $301,500 -2.2% 43.6% BUNDAMBA ~ 16 $282,000 -5.7% $275,000 -3.5% 37.5% SPRINGWOOD 23 $420,500 1.3% $425,000 6.3% 43.7% CAMIRA ~ 10 $307,500 -20.1% $357,500 6.7% 43.1% TANAH MERAH ~ 13 $387,500 3.3% $390,000 -2.5% 34.5% COLLINGWOOD PARK ~ 17 $320,000 1.6% $321,000 -1.9% 29.2% UNDERWOOD ~ 14 $448,500 -3.5% $447,500 13.0% 54.3% EAST IPSWICH ~ 8 $247,750 -11.5% $275,500 -0.7% 45.8% WATERFORD ~ 11 $407,000 4.9% $405,000 -1.6% N/A EASTERN HEIGHTS 12 $277,500 6.7% $280,000 1.8% 44.0% WATERFORD WEST 15 $320,000 2.4% $320,000 0.2% 47.5% FLINDERS VIEW 24 $382,500 -3.8% $400,000 3.9% 63.3% WINDAROO + * 7 $373,000 -11.1% $442,000 4.0% 42.6% GOODNA ~ 25 $263,000 -17.6% $295,000 0.0% 55.3% WOODRIDGE 17 $275,000 1.4% $271,600 2.5% 55.2% IPSWICH 10 $312,750 N/A $332,000 1.8% 42.8% KARALEE ^ ~ 7 $542,000 5.2% $522,500 11.2% 34.0% MORETON BAY (LGA) 861 $396,000 -2.7% $402,000 6.8% 41.1% LEICHHARDT 7 $236,000 -3.7% $250,000 2.0% 47.9% MORETON BAY (LGA) ^ 111 $610,000 5.7% $600,000 7.1% 35.7% NEWTOWN 5 N/A N/A $348,750 8.1% 62.2% ALBANY CREEK ~ 40 $545,000 4.8% $530,000 12.8% 43.9% NORTH BOOVAL 9 $289,000 7.0% $285,500 2.5% 51.9% ARANA HILLS 15 $458,000 -3.0% $465,000 8.3% 47.4% NORTH IPSWICH 13 $279,000 0.0% $293,500 4.8% 48.2% BANKSIA BEACH 12 $465,001 -0.9% $475,000 1.6% 11.8% ONE MILE 6 N/A N/A $255,000 1.6% 49.1% BEACHMERE 9 $365,000 6.6% $365,000 9.0% 44.0% RACEVIEW ~ 25 $300,000 -10.6% $327,000 5.5% 51.7% BELLARA 6 N/A N/A $338,750 4.2% 16.3% REDBANK PLAINS 31 $295,000 -4.1% $310,000 0.3% 51.2% BELLMERE 15 $342,178 -2.2% $365,000 3.1% 34.7% RIVERVIEW ~ 6 N/A N/A $251,000 -2.5% 56.9% BONGAREE ~ 7 $475,000 15.6% $415,000 9.5% 20.6% ROSEWOOD 5 N/A N/A $270,000 4.9% 38.5% BRAY PARK 26 $361,450 -0.3% $370,000 2.8% 46.0% SADLIERS CROSSING 5 N/A N/A $317,000 13.7% 54.6% BURPENGARY 24 $372,250 -2.6% $375,000 1.8% 38.9% SILKSTONE ~ 13 $280,000 -6.4% $280,000 0.4% 40.2% BURPENGARY ^ 15 $560,000 7.1% $540,000 2.9% 33.3% SPRINGFIELD ~ 13 $365,000 -11.0% $374,500 0.1% 26.9% CABOOLTURE 38 $314,250 -3.3% $320,000 6.7% 45.3% SPRINGFIELD LAKES ~ * 35 $389,000 -6.3% $405,000 2.8% 30.2% CABOOLTURE ^ 7 $495,000 N/A $458,750 0.9% 22.5% YAMANTO 9 $335,000 -4.3% $350,000 1.4% 30.4% CABOOLTURE SOUTH ~ g 15 $307,000 20.4% $293,000 3.4% 42.2% CASHMERE ^ 9 $710,000 N/A $700,000 N/A 30.2% LOGAN CITY (LGA) 536 $355,000 -2.7% $362,000 6.2% 52.1% CASHMERE ~ 6 N/A N/A $539,000 -4.8% 33.6% LOGAN CITY (LGA) ^ ~ 119 $488,500 -7.0% $524,500 7.0% 36.2% CLONTARF 20 $368,000 3.7% $366,500 3.2% 33.3% BEENLEIGH ~ 25 $299,000 -14.0% $330,000 1.5% 40.7% DECEPTION BAY 45 $310,000 -2.1% $320,000 0.3% 39.1% BERRINBA * 2 N/A N/A $406,900 N/A N/A EATONS HILL 27 $495,000 -4.3% $515,000 1.8% 30.4% BETHANIA 6 N/A N/A $312,000 2.3% 38.1% EATONS HILL ^ 4 N/A N/A $692,500 N/A N/A BORONIA HEIGHTS 16 $312,500 -0.3% $316,000 0.3% 41.7% ELIMBAH ^ 2 N/A N/A $515,500 6.7% 29.8% BROWNS PLAINS 13 $325,000 3.2% $329,000 4.4% 50.9% EVERTON HILLS 15 $450,000 -2.7% $462,500 8.7% 51.1% CEDAR GROVE ^ 7 $392,500 N/A $420,000 0.2% 35.5% FERNY HILLS 15 $455,000 1.7% $455,000 7.1% 48.2% CEDAR VALE ^ 6 $442,500 N/A $440,000 6.0% 42.4% GRIFFIN 14 $423,500 6.8% $410,000 3.8% 33.6% CORNUBIA ~ 13 $440,000 -13.7% $469,750 1.0% 36.2% HIGHVALE ^ 4 N/A N/A $771,750 N/A 30.6% CRESTMEAD * 44 $317,500 2.4% $312,000 4.0% 53.7% JOYNER 6 N/A N/A $465,000 3.3% N/A DAISY HILL 14 $437,500 7.5% $420,000 8.4% 46.9% KALLANGUR 61 $345,000 -1.3% $358,250 2.4% 43.3% EAGLEBY 18 $276,000 -3.3% $293,500 3.0% 57.6% KIPPA-RING ~ 23 $345,000 -6.9% $370,000 1.9% 34.5% EDENS LANDING ~ 7 $315,000 -7.6% $360,000 1.1% 35.8% LAWNTON 10 $367,500 8.1% $349,000 2.6% 41.9% FORESTDALE ^ ~ 7 $690,000 N/A $690,000 21.6% 40.8% MANGO HILL 14 $456,250 1.5% $456,250 6.1% 38.3% GREENBANK ^ ~ 16 $475,000 -8.5% $527,000 1.8% 36.9% MARGATE 18 $400,000 1.9% $387,000 10.9% 39.2% HERITAGE PARK ~ 14 $361,250 -17.0% $420,000 7.7% 33.3% MORAYFIELD 39 $330,000 0.0% $337,000 0.6% 34.8% HILLCREST 15 $350,000 1.4% $340,000 2.8% 47.8% MORAYFIELD ^ ~ 11 $534,000 -9.0% $550,000 0.0% 37.5% JIMBOOMBA ^ ~ 21 $447,500 -7.3% $485,000 10.2% 42.6% MURRUMBA DOWNS 23 $440,000 0.6% $444,000 7.0% 39.6% JIMBOOMBA ~ 11 $360,000 -7.8% $375,000 -6.0% 53.1% NARANGBA ~ * 49 $412,000 -4.8% $434,835 2.3% 35.9% KINGSTON 12 $288,250 0.3% $288,000 1.1% 61.1% NEWPORT f 8 $825,000 -2.9% $850,000 6.4% N/A LOGAN CENTRAL 7 $289,000 5.1% $278,000 1.1% 54.4% NINGI ^ 2 N/A N/A $520,000 3.0% 37.2% LOGAN VILLAGE ^ 3 N/A N/A $536,500 9.5% 34.1% NORTH LAKES ~ * 68 $440,000 -7.1% $453,000 3.0% N/A LOGANHOLME 22 $382,000 1.9% $377,000 9.0% 40.4% PETRIE 22 $389,000 0.5% $387,750 5.9% 46.6% LOGANLEA 9 $316,000 -6.6% $320,000 5.1% 49.4% REDCLIFFE 18 $409,500 9.2% $384,500 10.2% 39.8% MARSDEN 24 $314,500 -1.7% $320,000 1.6% 48.1% ROTHWELL 15 $385,000 1.3% $383,000 1.1% 16.9% MEADOWBROOK 6 N/A N/A $403,500 4.3% 34.5% SAMFORD VALLEY ^ ~ 6 $820,000 -15.9% $825,000 6.4% 36.1% MOUNT WARREN PARK 21 $369,000 -3.7% $379,000 8.3% 43.0% SANDSTONE POINT ~ 9 $385,000 -7.2% $400,000 3.1% 23.1% MUNDOOLUN ^ ~ 8 $452,500 -13.0% $493,000 8.5% N/A SCARBOROUGH ~ f 23 $480,000 2.1% $490,000 19.5% 25.6% Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 10 www.reiq.com.au
  • BRISBAnE SURROUnDS MEDIAN SALES DATA MEDIAN SALES DATA Suburb/ Number of Sep change 12 mths to change change Suburb/ Number of Sep change 12 mths to change change Locality Sales Sep Qtr over the end of over over Locality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr Sep 2010 1yr 5yrs Qtr 2010 2010 qtr Sep 2010 1yr 5yrs HOUSES continued UNITS & TOWNHOUSES continued STRATHPINE ~ 25 $340,000 -6.5% $350,000 1.4% 42.9% MORETON BAY (LGA) - 225 $320,000 -3.0% $332,000 7.1% 40.1% UPPER CABOOLTURE ^ 9 $560,000 N/A $547,500 N/A 25.1% ARANA HILLS 2 N/A N/A $370,500 9.6% 45.3% WARNER 35 $475,000 -1.8% $479,000 7.6% 46.9% BELLARA 11 $110,000 N/A $300,000 N/A 9.1% WOODY POINT 17 $445,000 11.5% $400,000 8.7% 43.1% BONGAREE * f 8 $390,000 2.6% $345,000 10.9% 36.6% WOORIM ~ 3 N/A N/A $420,000 -6.0% 12.8% BRENDALE ~ 9 $272,500 -9.3% $286,000 1.4% 38.2% BURPENGARY * 15 $315,000 N/A $305,000 9.1% 41.9% REDLAND CITY (LGA) 383 $450,500 -3.8% $470,000 6.4% 36.2% CABOOLTURE * 7 $240,000 -7.4% $250,000 -13.5% 100.0% REDLAND CITY (LGA) ^ 19 $875,000 7.4% $830,000 0.7% 33.9% CLONTARF * 7 $355,000 N/A $345,000 -0.6% N/A ALEXANDRA HILLS 44 $412,500 -1.8% $415,000 5.1% 43.1% DECEPTION BAY * 5 N/A N/A $265,000 2.3% 11.8% BIRKDALE ~ 38 $433,625 -5.8% $474,000 5.3% 35.4% KALLANGUR * ~ 16 $290,000 -6.5% $329,000 3.2% 41.5% CAPALABA 41 $401,000 -4.5% $410,300 2.6% 39.1% KIPPA-RING * 31 $335,000 17.5% $337,000 1.2% 46.5% CAPALABA ^ 6 $867,500 2.7% $830,000 9.9% 38.6% MARGATE * 8 $365,000 N/A $364,000 0.1% N/A CLEVELAND ~ 32 $482,500 -10.6% $530,500 6.4% 30.6% MORAYFIELD ~ 6 N/A N/A $251,250 -1.5% 54.6% MACLEAY ISLAND ~ f 11 $220,000 -21.4% $249,000 3.8% 25.8% MURRUMBA DOWNS * 9 $342,500 -1.7% $349,000 N/A 40.7% MOUNT COTTON * 14 $415,000 -18.5% $460,900 1.3% 40.8% REDCLIFFE * f 20 $415,000 7.3% $370,000 15.6% 19.4% ORMISTON f 10 $544,000 -13.0% $620,000 10.7% 30.5% ROTHWELL 3 N/A N/A $328,500 3.1% N/A REDLAND BAY 48 $490,000 -3.9% $490,500 1.1% 31.6% SCARBOROUGH * f 11 $445,000 -2.4% $447,500 16.2% 15.3% RUSSELL ISLAND ~ f 13 $174,000 -20.9% $225,000 -2.2% 47.5% STRATHPINE 7 $273,500 N/A $285,000 1.8% 39.0% THORNESIDE ~ f 10 $415,000 -16.2% $485,750 18.3% 42.9% WOODY POINT * f 6 N/A N/A $485,000 31.4% 73.8% THORNLANDS ^ 4 N/A N/A $880,000 N/A 25.7% THORNLANDS ~ 34 $497,750 -12.8% $550,000 5.8% 31.0% REDLAND CITY (LGA) * f 49 $325,000 -6.5% $360,000 7.5% 45.7% VICTORIA POINT 50 $470,000 0.0% $490,000 8.9% 32.1% CAPALABA * 5 N/A N/A $298,500 1.2% 38.8% WELLINGTON POINT 30 $552,500 3.4% $539,500 7.9% 30.0% CLEVELAND * f 13 $320,000 -16.2% $381,625 -4.6% 35.1% ORMISTON 2 N/A N/A $345,000 3.0% 29.0% THORNESIDE 5 N/A N/A $310,000 0.6% 51.2% UNITS & TOWNHOUSES VICTORIA POINT * 7 $320,000 -12.3% $372,000 14.6% 73.0% IPSWICH CITY (LGA) ² - * 41 $257,000 4.5% $250,000 2.9% 45.3% BRASSALL 9 $305,000 N/A N/A N/A N/A REDBANK PLAINS * 4 N/A N/A $295,000 14.8% 99.3% VACANT URBAN LAND IPSWICH CITY (LGA) 185 $179,000 1.4% $178,200 4.8% 32.0% LOGAN CITY (LGA) * 129 $255,000 -3.8% $270,000 7.6% 76.3% IPSWICH CITY (LGA) ^ 11 N/A N/A $260,000 2.4% 40.5% BEENLEIGH * 9 $218,000 -3.8% $229,000 -2.6% 79.9% AUGUSTINE HEIGHTS * 7 $230,000 -8.7% $230,000 4.1% 20.7% EAGLEBY * 15 $248,000 0.2% $253,000 -3.4% 100.0% BELLBIRD PARK * 10 $249,500 N/A $229,990 N/A N/A KINGSTON * 6 N/A N/A $291,250 14.2% 142.7% BRASSALL ~ * 71 $157,500 -14.6% $177,250 2.9% 22.2% MEADOWBROOK * 4 N/A N/A $302,500 N/A N/A BROOKWATER + * ~ 1 N/A N/A $303,000 -0.2% 31.7% ROCHEDALE SOUTH 4 N/A N/A $286,000 2.3% 56.3% BUNDAMBA * 3 N/A N/A $175,000 8.0% N/A SHAILER PARK 5 N/A N/A $300,500 3.6% 66.0% CHUWAR * 3 N/A N/A $199,000 N/A N/A SLACKS CREEK 5 N/A N/A $242,750 1.6% 52.7% GOODNA * 2 N/A N/A $170,000 1.3% 25.9% SPRINGWOOD * 8 $265,000 -6.2% $283,000 1.4% 61.7% KARALEE ^ * 6 $267,500 N/A $264,000 N/A 32.2% WATERFORD WEST * 2 N/A N/A $232,000 6.9% 66.3% LEICHHARDT ~ * 10 $175,800 15.0% $174,350 N/A N/A WOODRIDGE * 16 $226,500 7.3% $222,000 11.3% 80.5% NORTH BOOVAL * 4 N/A N/A $187,750 7.3% N/A RACEVIEW * 5 $179,000 N/A $170,000 3.0% 21.4% REDBANK PLAINS * 30 $180,000 2.2% $175,000 3.6% 6.1% SPRINGFIELD * 6 $184,500 N/A N/A N/A N/A SPRINGFIELD LAKES ~ * 22 $193,500 14.5% $175,500 6.4% 55.2% WULKURAKA * 1 N/A N/A $187,000 N/A N/A LOGAN CITY (LGA) ~ * 75 $204,999 -6.8% $205,000 -1.9% 36.7% LOGAN CITY (LGA) ^ 23 $257,000 -0.7% $257,250 6.5% 55.9% BAHRS SCRUB * 7 $239,000 0.0% $239,000 N/A N/A CRESTMEAD * 7 $199,000 N/A N/A N/A N/A DAISY HILL * 3 N/A N/A $350,000 1.4% N/A GREENBANK ^ * 4 N/A N/A $259,000 10.9% 58.2% HILLCREST * 8 $205,000 N/A $214,000 N/A N/A HOLMVIEW * 5 $224,900 4.7% $212,900 1.4% N/A JIMBOOMBA ~ * 6 $190,750 N/A $185,000 -2.1% 47.4% JIMBOOMBA ^ ~ * 5 $212,900 -9.4% $216,000 N/A 40.3% LOGANLEA * 1 N/A N/A $193,500 N/A 25.6% MARSDEN * 15 $198,000 -1.0% $193,700 2.5% 32.7% Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 11 www.reiq.com.au
  • QUEENSLAND MAR K ET MONITOR BRISBAnE SURROUnDS MEDIAN SALES DATA MEDIAN WEEKLY RENTS Suburb/ Number of Sep change 12 mths to change change Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Postcode Locality Sales Sep Qtr over the end of over over Localities Rent New Rent New Qtr 2010 2010 qtr Sep 2010 1yr 5yrs ($) Bonds ($) Bonds VACANT URBAN LAND continued 3 BEDROOM HOUSES continued NEW BEITH ^ * 4 N/A N/A $255,000 N/A 54.5% LOGAN CITY COUNCIL AREA $320 988 $310 952 UNDERWOOD * 3 N/A N/A $338,500 4.5% 57.4% 4114 Kingston/ Logan Central/ Woodridge $300 167 $290 181 WATERFORD * 11 $198,000 -2.2% $176,000 1.3% 21.4% 4118 Browns Plains/ Heritage Park/ Regents Park/ etc. $320 118 $315 112 4119 Underwood $345 9 $320 12 MORETON BAY (LGA) ~ * f 200 $199,875 -2.3% $202,500 -1.9% 19.8% 4123 Rochedale/ Rochedale South $360 58 $350 55 MORETON BAY (LGA) ^ * 35 $335,000 6.5% $370,000 5.7% 34.5% 4124 Boronia Heights/ Greenbank/ New Beith/ etc. $320 40 $300 40 BANKSIA BEACH + * f 7 $370,000 N/A $400,000 -11.1% -27.3% 4127 Daisy Hill/ Slacks Creek/ Springwood/ etc. $330 102 $330 79 BELLMERE * 1 N/A N/A $190,000 -2.5% N/A 4128 Shailer Park/ Tanah Merah $370 34 $350 34 BUNYA ^ * 0 N/A N/A $465,000 N/A N/A 4129 Loganholme $330 32 $320 24 BURPENGARY 0 N/A N/A $235,000 17.6% N/A 4130 Carbrook/ Cornubia $330 9 $350 8 CABOOLTURE * 51 $191,500 -2.9% $195,000 5.4% 28.3% 4131 Loganlea/ Meadowbrook $320 30 $310 42 CABOOLTURE ^ * 6 $277,500 N/A $270,000 N/A N/A 4132 Crestmead/ Marsden $310 86 $300 86 CASHMERE * 11 $325,000 1.6% $315,000 6.8% 76.2% 4133 Chambers Flat/ Logan Reserve/ Waterford/ etc. $335 44 $310 34 D`AGUILAR * 4 N/A N/A $176,500 0.9% N/A 4205 Bethania $300 25 $320 24 DAKABIN * 11 $219,950 N/A $209,975 N/A N/A 4207 Beenleigh/ Eagleby/ Mt Warren Park/ etc. $315 198 $300 190 FERNY HILLS * 1 N/A N/A $355,000 N/A N/A 4280 Jimboomba/ North Maclean/ South Maclean/ etc. $370 31 $340 24 GRIFFIN * 4 N/A N/A $209,625 4.8% N/A KALLANGUR * 16 $208,458 N/A $204,500 4.6% 46.1% MORETON BAY REGIONAL COUNCIL AREA $320 1,067 $310 1,059 MANGO HILL ~ * 2 N/A N/A $209,900 -11.0% 25.7% Caboolture Region $290 485 $285 470 MORAYFIELD * 39 $190,000 -1.6% $190,200 0.1% 27.7% 4504 Narangba $315 20 $330 28 MURRUMBA DOWNS ~ * 2 N/A N/A $205,000 -21.9% 7.6% 4505 Burpengary $300 24 $290 21 NARANGBA * 20 $232,000 6.7% $228,450 1.6% 32.8% 4506 Moorina/ Morayfield $290 64 $285 49 NINGI * 3 N/A N/A $227,900 14.0% N/A 4507 Banksia Beach/ Bellara/ Bongaree/ Woorim/ etc. $300 42 $300 49 NORTH LAKES * 10 $216,250 8.3% $206,000 0.2% N/A 4508 Deception Bay $290 101 $285 107 SAMFORD VALLEY ^ * 8 $530,000 8.2% $490,000 N/A 33.9% 4510 Beachmere/ Caboolture/ Upper Caboolture/ etc. $280 173 $280 171 UPPER CABOOLTURE * 2 N/A N/A $189,000 N/A 27.7% 4511 Godwin Beach/ Ningi/ Sandstone Pt $280 28 $275 16 WAMURAN ^ * 1 N/A N/A $275,000 N/A 34.1% 4512 Bracalba/ Wamuran/ Wamuran Basin $290 7 n.a. 3 WARNER * 5 $226,000 -13.1% $240,000 4.3% 42.0% 4514 DAguilar/ Delaneys Ck/ Neurum/ Woodford/ etc. $305 20 $280 23 WOODFORD ^ * 0 N/A N/A $228,500 N/A N/A 4516 Elimbah $290 6 n.a. 3 Pine Rivers Region $350 364 $340 379 REDLAND CITY (LGA) ³ ~ * 73 $63,000 5.0% $244,000 10.5% 35.6% 4035 Albany Creek/ Bridgeman Downs $380 29 $360 32 Redland City - Mainland 26 $310,000 6.9% $277,000 2.6% 20.4% 4037 Eatons Hill $380 13 $350 9 Redland City - Bay Islands ~ f 47 $40,000 5.3% $43,000 -17.7% 13.9% 4055 Bunya/ Ferny Grove/ Ferny Hills/ Upper Kedron $375 32 $350 32 BIRKDALE ~ * 3 N/A N/A $300,000 -2.4% 36.4% 4500 Bray Park/ Cashmere/ Strathpine/ Warner/ etc. $335 69 $330 81 MACLEAY ISLAND ~ f 10 $52,500 9.4% $54,666 -11.8% -0.6% 4501 Lawnton $320 18 $310 22 MOUNT COTTON * 1 N/A N/A $256,500 4.5% N/A 4502 Petrie $320 23 $320 32 REDLAND BAY * 4 N/A N/A $283,000 6.8% 31.6% 4503 Dakabin/ Griffin/ Kallangur/ Murrumba Downs/ etc. $330 90 $320 94 RUSSELL ISLAND * ~ 37 $35,000 -3.4% $37,000 -17.8% 23.3% 4509 Mango Hill/ North Lakes $360 72 $350 52 THORNLANDS * 4 N/A N/A $265,000 4.7% 11.8% 4520 Camp Mountain/ Highvale/ Samford Village/ etc. $410 8 $420 14 VICTORIA POINT ~ * 4 N/A N/A $263,000 -3.3% 19.5% 4521 Dayboro/ Mt Pleasant/ Ocean View/ etc. $340 10 $305 11 WELLINGTON POINT ~ * f 8 $335,000 N/A $320,000 -3.9% 20.2% Redcliffe Region $330 218 $320 210 4019 Clontarf/ Margate/ Woody Point $330 98 $300 72 4020 Redcliffe/ Scarborough $320 76 $320 94 4021 Kippa-Ring $320 34 $320 35 MEDIAN WEEKLY RENTS 4022 Rothwell $330 10 $325 9 Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Postcode Localities Rent New Rent New REDLAND CITY COUNCIL AREA $350 351 $360 383 ($) Bonds ($) Bonds 4157 Capalaba/ Capalaba West/ Sheldon $360 31 $370 43 3 BEDROOM HOUSES 4158 Thorneside $350 14 $350 15 IPSWICH CITY COUNCIL AREA $275 777 $270 772 4159 Birkdale $360 33 $375 33 4300 Brookwater/ Camira/ Springfield Lakes/ etc. $310 167 $300 199 4160 Ormiston/ Wellington Point $370 35 $370 47 4301 Collingwood Park/ Redbank/ Redbank Plains $280 96 $280 89 4161 Alexandra Hills $360 50 $360 51 4303 Dinmore/ Riverview $255 24 $260 16 4163 Cleveland $375 49 $375 43 4304 Blackstone/ Bundamba/ Silkstone/ etc. $260 109 $265 103 4164 Thornlands $370 13 $395 12 4305 Brassall/ Leichhardt/ Raceview/ Yamanto/ etc. $265 297 $260 281 4165 Mt Cotton/ Redland Bay/ Victoria Point/ etc. $360 59 $360 69 4306 Barellan Point/ Karalee/ Willowbank/ etc. $280 44 $290 53 4183 Amity / Dunwich/ Nth Stradbroke Is/ Point Lookout $280 6 n.a. 4 4340 Ebenezer/ Grandchester/ Rosewood/ etc. $270 36 $260 29 4184 Coochiemudlo Is/ Macleay Is/ Russell Is/ etc. $230 61 $230 66 Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 12 www.reiq.com.au
  • BRISBAnE SURROUnDS MEDIAN WEEKLY RENTS MEDIAN WEEKLY RENTS Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Postcode Postcode Localities Rent New Rent New Localities Rent New Rent New ($) Bonds ($) Bonds ($) Bonds ($) Bonds 2 BEDROOM FLATS/UNITS 3 BEDROOM TOWNHOUSES IPSWICH CITY COUNCIL AREA $235 151 $220 132 IPSWICH CITY COUNCIL AREA $290 87 $295 68 4300 Brookwater/ Camira/ Springfield Lakes/ etc. $210 28 $240 23 4300 Brookwater/ Camira/ Springfield Lakes/ etc. $330 17 $320 22 4301 Collingwood Park/ Redbank/ Redbank Plains $250 32 $225 19 4301 Collingwood Park/ Redbank/ Redbank Plains $290 17 $285 18 4304 Blackstone/ Bundamba/ Silkstone/ etc. $230 20 $220 20 4304 Blackstone/ Bundamba/ Silkstone/ etc. $280 28 $290 20 4305 Brassall/ Leichhardt/ Raceview/ Yamanto/ etc. $225 67 $220 67 4305 Brassall/ Leichhardt/ Raceview/ Yamanto/ etc. $295 24 $280 8 LOGAN CITY COUNCIL AREA $245 230 $240 240 LOGAN CITY COUNCIL AREA $315 288 $310 282 4114 Kingston/ Logan Central/ Woodridge $240 95 $230 76 4114 Kingston/ Logan Central/ Woodridge $300 32 $300 57 4118 Browns Plains/ Heritage Park/ Regents Park/ etc. $265 6 n.a. 2 4118 Browns Plains/ Heritage Park/ Regents Park/ etc. $320 34 $315 36 4123 Rochedale/ Rochedale South $280 9 $275 7 4119 Underwood $390 12 $385 16 4127 Daisy Hill/ Slacks Creek/ Springwood/ etc. $280 18 $300 29 4123 Rochedale/ Rochedale South $335 7 $300 6 4128 Shailer Park/ Tanah Merah $250 6 $270 7 4127 Daisy Hill/ Slacks Creek/ Springwood/ etc. $310 45 $295 44 4132 Crestmead/ Marsden $240 10 $240 8 4128 Shailer Park/ Tanah Merah $300 6 $300 11 4133 Chambers Flat/ Logan Reserve/ Waterford/ etc. $250 10 $245 8 4131 Loganlea/ Meadowbrook $345 30 $340 41 4207 Beenleigh/ Eagleby/ Mt Warren Park/ etc. $240 61 $240 80 4132 Crestmead/ Marsden $300 12 n.a. 2 4133 Chambers Flat/ Logan Reserve/ Waterford/ etc. $300 10 $295 17 MORETON BAY REGIONAL COUNCIL AREA $260 468 $255 387 4207 Beenleigh/ Eagleby/ Mt Warren Park/ etc. $315 89 $310 40 Caboolture Region $260 182 $240 135 4505 Burpengary $240 6 $220 9 MORETON BAY REGIONAL COUNCIL AREA $320 371 $315 212 4506 Moorina/ Morayfield $260 9 $220 6 Caboolture Region $290 127 $290 75 4507 Banksia Beach/ Bellara/ Bongaree/ Woorim/ etc. $240 64 $240 42 4505 Burpengary $290 49 $300 17 4508 Deception Bay $285 21 $275 16 4507 Banksia Beach/ Bellara/ Bongaree/ Woorim/ etc. $320 8 $270 7 4510 Beachmere/ Caboolture/ Upper Caboolture/ etc. $260 79 $240 61 4508 Deception Bay $290 40 $285 35 Pine Rivers Region $270 85 $270 84 4510 Beachmere/ Caboolture/ Upper Caboolture/ etc. $270 22 $295 12 4500 Bray Park/ Cashmere/ Strathpine/ Warner/ etc. $280 27 $270 37 Pine Rivers Region $330 138 $330 85 4501 Lawnton $270 17 $260 15 4055 Bunya/ Ferny Grove/ Ferny Hills/ Upper Kedron $350 6 $350 9 4503 Dakabin/ Griffin/ Kallangur/ Murrumba Downs/ etc. $275 33 $270 22 4500 Bray Park/ Cashmere/ Strathpine/ Warner/ etc. $320 26 $324 32 Redcliffe Region $260 201 $260 168 4501 Lawnton $330 5 n.a. 1 4019 Clontarf/ Margate/ Woody Point $260 100 $240 74 4503 Dakabin/ Griffin/ Kallangur/ Murrumba Downs/ etc. $330 89 $320 28 4020 Redcliffe/ Scarborough $260 92 $270 88 4509 Mango Hill/ North Lakes $340 6 $340 6 4021 Kippa-Ring $220 8 $240 5 Redcliffe Region $325 106 $320 52 4019 Clontarf/ Margate/ Woody Point $330 8 $340 13 REDLAND CITY COUNCIL AREA $310 90 $300 75 4020 Redcliffe/ Scarborough $320 15 $340 13 4157 Capalaba/ Capalaba West/ Sheldon $300 18 $300 14 4021 Kippa-Ring $325 74 $315 16 4158 Thorneside $270 7 $270 8 4022 Rothwell $300 9 $295 10 4160 Ormiston/ Wellington Point $340 7 n.a. 4 4161 Alexandra Hills $195 11 n.a. 1 REDLAND CITY COUNCIL AREA $360 79 $350 81 4163 Cleveland $330 41 $325 36 4157 Capalaba/ Capalaba West/ Sheldon $335 7 $335 13 4158 Thorneside $350 8 $350 8 4160 Ormiston/ Wellington Point $360 13 $350 10 4163 Cleveland $380 30 $375 29 4165 Mt Cotton/ Redland Bay/ Victoria Point/ etc. $360 19 $355 20 Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 13 www.reiq.com.au
  • <$250,000 <$350,000 <$500,000 $500,000+QUEENSLAND MAR K ET SEP 10 113 231 71 38 SEP 10 MONITOR JUN 10 102 224 110 45 JUN 10 MAR 10 104 240 101 55 MAR 10 GOlD COAST CITY INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL Median house and unit prices GOLD COAST UNIT SALES The Gold Coast residential property market was impacted by <$250,000 <$350,000 <$500,000 <$1m $1m+ the high Australian dollar and lack of construction activity over the September quarter. SEP 10 104 374 282 191 50 SEP 10 The Gold Coast median house price dropped 3 per cent to $480,000 over the period. Preliminary sales number over the JUN 10 123 428 405 258 46 JUN 10 quarter, however, held steady. The region has been hit by a double-whammy of decreased MAR 10 99 415 407 278 91 MAR 10 tourist numbers, and the loss of employment in the construction sector. Agents are reporting very challenging market conditions with a shortage of committed buyers in the market. Median vacant land prices SALES <$1m SUNSHINE COAST UNIT <$250,000 <$350,000 <$500,000 $1m+ Because of this lack of buyers, sellers are starting to be more realistic about their price expectations. But while activity The median price of vacant land on the Gold Coast decreased remains relatively subdued, buyers are still active in the sub- 3.4SEP 10 cent to $231,800 over the quarter. 77 24 per 46 140 99 SEP 10 $600,000 price category. Land sales are occurring at the northern and southern ends of There is also movement in the top end of the market given the Gold Coast as well as at a development near Royal Pines. JUN 10 45 139 146 87 19 JUN 10 the significant price reductions that have been reported in the The Gold Coast remains hamstrung by the lack of land Gold Coast prestige market of HOUSE SALES BRISBANE CITY late. MAR 10 44 TOOWOOMBA however SALES BRISBANE CITY LAND this ensures 23 available for future development HOUSE SALES 100 land will 163 145 MAR 10 The Gold Coast has been hit particularly hard by $1m+reduction <$350,000 <$500,000 <$1m the increasingly be viewed<$350,000 commodity with prices to <$250,000 <$350,000 as a scarce <$500,000 <$500,000 $500,000+$500,000+ of interstate migrants from Sydney and Melbourne, however, 137 match in the future. with10 SEP prices easing in Queensland compared to southern states 780 1177 124 SEP 10 SEP 10 38 266 54 34 97 15 16 it is hoped that the Sea Change phenomena will rise again in 141 Median rents the years ahead. The median weekly rent for a three-bedroom house increased JUN 10 881 1373 141 JUN 10 JUN 10 54 272 49 36 88 15 13 The Gold127 Coast median unit and townhouse price decreased marginally by $5 to $400 between September last year and 3.6 per cent to $355,000 over the quarter. September this year. The median rent for a two-bedroom unit 863 1259 120 MAR 10 26 55 47 12 MAR 10 edged up $10 to $340 274 week over the same period. MAR 10 per 101 33 Activity in the sub-$500,000 unit and townhouse price bracket, particularly $300,000 to $400,000, is relatively strong Residential vacancy rates on the Gold Coast have eased to 4.3 with buyers looking to this segment of the market due to per cent - up from 3.5 in March - to be the highest it has been affordability considerations. in more than two years. Agents are reporting slower market conditions with tenants leaving the Gold Coast SALESa lack BRISBANE SURROUNDS LAND due to BRISBANE SURROUNDS HOUSE SALES FRASER COAST HOUSE SALES At the other end of the spectrum, units in high-rise <$250,000 <$350,000 <$350,000 <$500,000 <$500,000 $500,000+$500,000+ <$350,000 <$500,000 <$1m $1m+ of employment opportunities and a perception of over-priced developments are increasingly hard to shift with only sellers properties. that 10 prepared to the meet 1009market on price, making SEP are 815 the 328 16 SEP 10 SEP 10 156 436 51 9 77 12 8 a sale. There are reports of some units selling for a marked Agents are also reporting an oversupply of stock as investors reduction on the price the seller originally paid for the return their properties to the rental market which they have property. JUN 10 775 1111 424 14 unsuccessfully tried to sell.417 JUN 10 JUN 10 182Some even report investors15 27 3 48 96 advertising properties for let and for sale concurrently, and taking whichever offer comes first. MAR 10 839 1147 454 13 MAR 10 MAR 10 418 193 106 80 17 10 8 INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL GOLD COAST HOUSE SALES GOLD COAST LAND SALES BUNDABERG HOUSE SALES <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$350,000 <$500,000 <$500,000 $500,000+ $500,000+ 24 SEP 10 433 332 49 SEP 10 SEP 10 52 25 16 181 42 8 20 JUN 10 417 364 54 JUN 10 JUN 10 83 144 41 8 41 14 9 16 MAR 10 434 422 58 MAR 10 MAR 10 67 166 38 5 14 60 12 Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 SUNSHINE COAST HOUSE SALES page 14 www.reiq.com.au SUNSHINE COAST LAND SALES GLADSTONE HOUSE SALES
  • GOlD COAST CITY MEDIAN SALES DATA MEDIAN SALES DATA Suburb/ Number of Sep change 12 mths to change change Suburb/ Number of Sep change 12 mths to change change Locality Sales Sep Qtr over the end of over over Locality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr Sep 2010 1yr 5yrs Qtr 2010 2010 qtr Sep 2010 1yr 5yrs HOUSES UNITS & TOWNHOUSES GOLD COAST CITY (LGA) 838 $480,000 -3.0% $510,000 8.5% 28.3% GOLD COAST CITY (LGA) 1,001 $355,000 -3.6% $378,000 6.5% 20.0% GOLD COAST CITY (LGA) ^ 78 $711,000 -1.6% $715,000 8.0% 24.3% ARUNDEL 16 $319,000 1.3% $324,000 2.8% 33.6% ARUNDEL 26 $461,000 2.4% $470,000 3.3% 16.9% ASHMORE 10 $286,000 -8.0% $310,000 2.5% 29.7% ASHMORE 20 $455,000 -4.2% $488,000 5.2% 30.1% BENOWA - * f 6 N/A N/A $400,000 12.4% 32.2% BENOWA + * f 21 $1,080,000 29.0% $767,500 12.4% 16.3% BIGGERA WATERS ~ f 27 $310,000 -6.1% $392,500 15.4% 57.0% BIGGERA WATERS ~ f 8 $685,000 38.4% $555,000 10.8% 30.6% BILINGA ~ f 7 $465,000 -11.6% $502,500 9.5% 10.4% BONOGIN ^ ~ 7 $675,000 -6.9% $667,500 8.1% 25.9% BROADBEACH * f 52 $520,000 33.0% $463,000 2.4% 10.0% BROADBEACH WATERS ~ f 29 $735,000 -20.1% $820,000 -1.4% 28.1% BROADBEACH WATERS 4 N/A N/A $409,000 3.5% 38.6% BUNDALL ~ f 16 $917,500 -11.8% $910,000 4.6% 36.9% BUNDALL 6 N/A N/A $355,000 10.9% 37.1% BURLEIGH HEADS ~ f 10 $475,000 -20.2% $566,500 5.5% 11.0% BURLEIGH HEADS * f 33 $365,000 -12.8% $413,500 5.9% 18.1% BURLEIGH WATERS 27 $560,000 -0.1% $572,000 4.5% 30.0% BURLEIGH WATERS * 17 $360,000 2.0% $362,500 0.7% 27.0% CARRARA ~ 23 $422,000 -0.7% $438,000 -0.2% 24.3% CARRARA * f 34 $467,500 5.1% $444,750 24.4% 23.2% CLEAR ISLAND WATERS f 5 N/A N/A $870,000 8.8% 16.0% CLEAR ISLAND WATERS - f 2 N/A N/A $435,000 20.5% 27.2% COOMBABAH ~ f 13 $457,500 12.6% $443,000 8.6% 35.9% COOLANGATTA ~ f * 26 $417,500 -14.8% $490,000 15.6% 16.0% COOMERA + * f 14 $648,750 27.2% $570,000 -5.0% 10.7% COOMBABAH * f 18 $320,000 -7.2% $342,000 8.6% 42.5% CURRUMBIN VALLEY ^ 2 N/A N/A $750,000 0.0% 22.0% COOMERA - f * 16 $278,500 -18.8% $339,900 62.6% 42.8% CURRUMBIN WATERS 14 $470,000 -4.1% $505,000 7.4% 30.5% CURRUMBIN ~ * 7 $335,000 -12.4% $405,500 4.5% 8.1% ELANORA 33 $510,000 -3.8% $530,000 10.4% 31.5% CURRUMBIN WATERS 6 N/A N/A $352,500 8.5% 39.3% HELENSVALE + * f 33 $440,000 -8.8% $501,000 6.5% 28.5% ELANORA 8 $365,000 11.3% $339,000 7.8% 30.9% HIGHLAND PARK ~ 13 $420,000 -9.0% $428,750 5.7% 32.7% EPHRAIM ISLAND * f 2 N/A N/A $1,212,500 21.3% 28.3% HOLLYWELL 7 $579,000 N/A $578,500 12.9% 36.1% HELENSVALE - * f 13 $319,000 19.3% $310,000 -1.6% 30.8% HOPE ISLAND + * f 16 $1,125,000 25.0% $1,050,000 -11.6% 2.7% HOLLYWELL * f 2 N/A N/A $900,000 29.1% N/A LABRADOR ~ 13 $390,000 -8.2% $439,000 5.1% 27.2% HOPE ISLAND - * f 14 $435,000 11.5% $410,000 -23.5% -21.9% MAUDSLAND 8 $439,500 N/A $439,000 2.7% 20.3% LABRADOR 50 $313,500 -0.9% $323,000 2.9% 26.7% MERMAID BEACH ~ 3 N/A N/A $1,230,000 14.4% 17.9% MAIN BEACH ~ f 22 $672,500 -12.7% $670,000 12.1% 20.2% MERMAID WATERS ~ f 26 $615,000 -5.1% $652,000 5.0% 25.4% MERMAID BEACH 35 $385,000 7.7% $385,000 6.8% 13.2% MERRIMAC 5 N/A N/A $426,000 4.3% 28.1% MERMAID WATERS 14 $300,400 1.3% $324,000 4.9% 27.7% MIAMI 14 $534,500 N/A $555,000 11.0% 35.4% MERRIMAC * f 10 $286,250 -54.0% $386,250 24.6% 66.5% MOLENDINAR 18 $485,000 -0.6% $502,000 6.8% 24.9% MIAMI * 23 $365,000 -4.5% $380,000 8.6% 18.8% MUDGEERABA 25 $476,500 2.1% $486,000 11.1% 36.8% MUDGEERABA 15 $335,000 -2.9% $340,500 0.9% 39.0% MUDGEERABA ^ 6 $810,000 N/A $730,000 14.1% 25.6% NERANG 13 $305,000 0.3% $297,500 4.4% 25.0% NERANG 29 $371,624 -4.2% $383,750 3.2% 28.6% ORMEAU 9 $374,000 6.9% $370,500 5.9% 51.5% NERANG ^ 4 N/A N/A $755,000 12.7% 20.8% OXENFORD 9 $307,000 -1.0% $291,000 1.9% 36.6% ORMEAU 26 $427,500 -3.3% $443,500 4.0% 23.4% PACIFIC PINES 14 $377,000 3.3% $387,000 7.5% 53.0% ORMEAU ^ 7 $643,500 N/A $696,250 13.0% 29.5% PALM BEACH ~ f * 34 $325,000 -12.2% $362,500 2.4% 25.9% OXENFORD 39 $440,000 -4.3% $457,250 7.8% 31.4% PARADISE POINT ¹ ~ f 7 $370,000 -10.4% $413,000 20.6% 35.4% PACIFIC PINES 46 $452,500 -4.7% $465,000 2.6% 26.0% REEDY CREEK 8 $317,500 -3.5% $315,000 5.7% 43.2% PALM BEACH 21 $560,000 -0.2% $550,000 5.8% 27.9% ROBINA * 23 $405,000 -8.0% $457,000 6.3% 32.5% PARADISE POINT ¹ ~ f 9 $585,000 N/A $620,250 9.3% -1.5% RUNAWAY BAY ~ * 14 $572,500 24.5% $510,000 22.9% 7.4% PARKWOOD 15 $495,000 -1.0% $490,000 5.4% 25.6% SOUTHPORT ~ f * 97 $320,000 -3.8% $335,000 -2.9% 4.7% PIMPAMA 2 N/A N/A $400,000 N/A N/A SURFERS PARADISE ~ f * 116 $375,000 -5.9% $380,000 7.0% 4.1% REEDY CREEK ~ 13 $614,000 9.4% $660,000 7.7% 53.3% TUGUN ~ f * 17 $350,000 -17.3% $428,500 3.3% 30.8% ROBINA ~ 45 $515,000 -7.5% $545,500 5.9% 21.7% UPPER COOMERA ~ 7 $323,000 -10.3% $355,000 5.2% 16.4% RUNAWAY BAY ~ f 17 $835,000 29.9% $718,000 -4.3% -9.4% VARSITY LAKES * f 42 $373,000 -9.0% $383,250 0.3% 16.7% SOUTHPORT ~ f 23 $465,000 -6.5% $479,500 7.8% 29.0% SOVEREIGN ISLAND * f 4 N/A N/A $2,200,000 -8.3% 19.0% SURFERS PARADISE ~ f 13 $900,000 -9.1% $1,260,000 -3.4% 1.6% VACANT URBAN LAND TALLAI ^ 11 $765,000 N/A $765,000 3.4% 13.9% GOLD COAST CITY (LGA) * f 84 $231,800 -3.4% $240,000 2.1% 23.1% TALLEBUDGERA ^ ~ 2 N/A N/A $725,000 -2.4% 35.5% GOLD COAST CITY (LGA) ^ ~ * 15 $410,000 N/A $450,000 17.6% 5.9% TALLEBUDGERA VALLEY ^ 1 N/A N/A $710,000 N/A 15.9% COOMERA + * f 19 $243,000 -9.3% $247,200 -1.1% 9.9% TUGUN 8 $421,250 -3.2% $454,500 1.0% 19.6% HELENSVALE + * f 7 $532,000 -5.8% $513,750 4.3% 16.1% UPPER COOMERA 57 $408,000 -2.9% $427,500 5.6% 31.6% HOPE ISLAND + * f ~ 6 $592,500 22.2% $330,000 -40.0% -34.7% VARSITY LAKES 22 $478,750 -2.8% $500,000 9.9% 25.0% ORMEAU * 3 N/A N/A $259,500 18.0% 46.6% WORONGARY 6 N/A N/A $405,000 1.3% 26.6% OXENFORD * 6 $229,500 -8.1% $235,000 3.5% 5.4% WORONGARY ^ ~ 9 $760,000 17.8% $725,000 19.8% 30.6% PACIFIC PINES * 19 $234,000 -0.3% $236,000 3.1% 27.6% PIMPAMA * 12 $210,000 -2.3% $214,900 -2.3% 13.1% REEDY CREEK * 3 N/A N/A $340,500 17.9% 37.0% SOVEREIGN ISLAND * f 0 N/A N/A $1,090,000 -11.0% 27.1% UPPER COOMERA + * 13 $250,000 4.6% $242,150 5.3% 31.6% Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 15 www.reiq.com.au
  • QUEENSLAND MAR K ET MONITOR GOlD COAST CITY MEDIAN WEEKLY RENTS MEDIAN WEEKLY RENTS Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Postcode Postcode Localities Rent New Rent New Localities Rent New Rent New ($) Bonds ($) Bonds ($) Bonds ($) Bonds 3 BEDROOM HOUSES 2 BEDROOM FLATS/UNITS continued GOLD COAST CITY COUNCIL AREA $400 1,138 $395 1,180 4217 Benowa/ Main Beach/ Surfers Paradise/ etc. $380 618 $370 660 4208 Jacobs Well/ Ormeau/ Ormeau Hills/ etc. $360 41 $350 23 4218 Broadbeach/ Mermaid Beach/ Mermaid Wates/ etc. $335 396 $330 459 4209 Coomera/ Pimpama/ Upper Coomera/ Willow Vale $360 71 $360 84 4220 Burleigh Heads/ Burleigh Waters/ Miami $340 235 $330 258 4210 Guanaba/ Maudsland/ Oxenford/ Wongawallan $380 30 $370 28 4221 Elanora/ Palm Beach $290 150 $285 166 4211 Carrara/ Highland Park/ Nerang/ Pacific Pines/ etc. $380 131 $370 144 4223 Currumbin/ Currumbin Valley/ Currumbin Waters $330 22 $325 32 4212 Helensvale/ Hope Island $400 63 $400 76 4224 Tugun $320 43 $310 52 4213 Bonogin/ Mudgeeraba/ Tallai/ Worongary/ etc. $400 67 $390 47 4225 Bilinga/ Coolangatta $310 162 $300 146 4214 Arundel/ Ashmore/ Molendinar/ Parkwood $400 96 $400 89 4226 Clear Island Waters/ Merrimac/ Robina $390 70 $380 74 4215 Labrador/ Southport $380 121 $370 114 4227 Reedy Creek/ Varsity Lakes $410 82 $400 83 4216 Biggera Waters/ Paradise Pt/ Runaway Bay/ etc. $380 90 $380 102 4217 Benowa/ Main Beach/ Surfers Paradise/ etc. $470 39 $500 44 3 BEDROOM TOWNHOUSES 4218 Broadbeach/ Mermaid Beach/ Mermaid Wates/ etc. $475 84 $450 105 GOLD COAST CITY COUNCIL AREA $360 1,116 $350 1,016 4220 Burleigh Heads/ Burleigh Waters/ Miami $430 63 $420 70 4208 Jacobs Well/ Ormeau/ Ormeau Hills/ etc. $360 14 $350 12 4221 Elanora/ Palm Beach $420 56 $400 74 4209 Coomera/ Pimpama/ Upper Coomera/ Willow Vale $350 118 $335 118 4223 Currumbin/ Currumbin Valley/ Currumbin Waters $405 34 $400 25 4210 Guanaba/ Maudsland/ Oxenford/ Wongawallan $320 20 n.a. 3 4224 Tugun $395 12 $360 19 4211 Carrara/ Highland Park/ Nerang/ Pacific Pines/ etc. $350 188 $340 154 4225 Bilinga/ Coolangatta $370 10 $400 7 4212 Helensvale/ Hope Island $370 35 $390 33 4226 Clear Island Waters/ Merrimac/ Robina $430 79 $420 79 4213 Bonogin/ Mudgeeraba/ Tallai/ Worongary/ etc. $350 38 $350 42 4227 Reedy Creek/ Varsity Lakes $420 41 $400 44 4214 Arundel/ Ashmore/ Molendinar/ Parkwood $365 52 $350 50 4228 Tallebudgera/ Tallebudgera Valley $390 10 $425 6 4215 Labrador/ Southport $365 116 $360 107 4216 Biggera Waters/ Paradise Pt/ Runaway Bay/ etc. $350 89 $350 82 2 BEDROOM FLATS/UNITS 4217 Benowa/ Main Beach/ Surfers Paradise/ etc. $450 69 $450 51 GOLD COAST CITY COUNCIL AREA $340 2,615 $330 2,796 4218 Broadbeach/ Mermaid Beach/ Mermaid Wates/ etc. $420 38 $430 32 4210 Guanaba/ Maudsland/ Oxenford/ Wongawallan $290 16 $285 18 4220 Burleigh Heads/ Burleigh Waters/ Miami $360 42 $345 43 4211 Carrara/ Highland Park/ Nerang/ Pacific Pines/ etc. $300 30 $280 32 4221 Elanora/ Palm Beach $360 34 $360 42 4212 Helensvale/ Hope Island $370 56 $360 40 4223 Currumbin/ Currumbin Valley/ Currumbin Waters $360 22 $350 20 4214 Arundel/ Ashmore/ Molendinar/ Parkwood $300 16 $300 16 4224 Tugun $430 43 $440 16 4215 Labrador/ Southport $340 509 $320 537 4226 Clear Island Waters/ Merrimac/ Robina $395 112 $390 129 4216 Biggera Waters/ Paradise Pt/ Runaway Bay/ etc. $325 201 $320 213 4227 Reedy Creek/ Varsity Lakes $380 77 $370 73 TOOWOOMBA REGIOnAl Median house and unit prices South Toowoomba, one of the closest and most affordable suburbs to the CBD, posted a healthy median price increase The strength of the resources industry has helped Toowoomba of 5 per cent to $278,250, and 6 per cent over the year. Middle perform particularly well over the September quarter. Ridge also recorded 4 per cent growth in its median house Being one of only three major regional centres across the State price to $421,250 for the quarter and 8 per cent over the year. to boost its median house price over the September quarter, The unit and townhouse market in Toowoomba also Toowoomba posted a 1.4 per cent increase to $289,000. performed well for the quarter with a 6.4 per cent jump in its Toowoomba also recorded a 7.4 per cent increase to its median median price to $240,000 and 8.3 per cent over the year. Its price over the year. preliminary sales numbers were also up about 5 per cent over Demand is expected to increase in coming months particularly the quarter. since the provisional approval of a number of multibillion- dollar mining projects, which CITY HOUSE SALESon the Surat BRISBANE will have an impact TOOWOOMBA HOUSE SALES Basin in the years ahead. <$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ Agents in the area are reporting that the market is there and 137 ready toSEP 10but buyers’ confidence just1177 to improve for go 780 needs 124 SEP 10 266 97 16 SE activity to increase significantly. 141 Kearneys Spring was the top two performing suburb for the JUN 10 881 1373 141 JUN 10 272 88 13 JU region recording a 10.7 per cent increase to its median house 127 price toMAR 10 $330,000 over 863 September quarter. However, this the 1259 120 MAR 10 274 101 33 MA figure was partially impacted by newly built homes within a new sub-division during that time. Please see page 39 for legend and further notes BRISBANE SURROUNDS HOUSE SALESIssue 8 - September Quarter 2010 page 16 FRASER COAST HOUSE SALES www.reiq.com.au
  • TOOWOOMBA REGIOnAl Again, Kearneys Spring also scored well in this segment of the market with an increase of 15.3 per cent to its median price to Median rents $259,500. However this is partly due to the varying quality of Toowoomba’s rental market continues to be extremely tight – stock sold for this housing type over the period. Preliminary with vacancy rates coming in at 0.9 per cent as at the end of sales numbers were also up marginally for the quarter. September. The majority of agents report up to five applicants per rental listing with letting periods anywhere between one Median land prices and four weeks. Toowoomba’s median vacant urban land posted a 14.8 per The median rent for a three-bedroom home increased $15 to cent increase to $147,000 over the September quarter. This can $265 per week between September last year and September partly be attributed to new land subdivisions in Middle Ridge this year. The median rent for a two-bedroom unit also which recorded an increase of 17 preliminary sales numbers increased and was up $10 to $200 per week over the same over the quarter and an increase of 30.3 per cent to its annual period. median. TOOWOOMBA UNIT SALES BRISBANE CITY LAND SALES TOOWOOMBA LAND SALES ROCKHAMPTON UNIT SALES$1m+ <$250,000 <$350,000 <$350,000 <$500,000 <$500,000 $500,000+ $500,000+ <$250,000 <$250,000 <$350,000 <$350,000 <$500,000 $350,000+ $500,000+37 SEP 10 10 SEP 38 45 54 34 26 15 7 2 SEP 10 56 540 S SEP 10 23 8 14 47 JUN JUN 10 10 54 47 49 22 36 5 215 JUN 10 54 7 2 JU JUN 10 16 12 10 4 MAR 10 26 55 47 12 MAR 10 67 32 M30 MAR 10 43 21 10 1 MAR 10 10 21 12 6 BRISBANE SURROUNDS LAND SALES FRASER COAST LAND SALES FRASER COAST UNIT SALES MACKAY UNIT SALES <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+0+ MEDIAN SALES DATA <$250,000 <$350,000 <$500,000 $500,000+ MEDIAN<$250,000 SALES DATA <$350,000 <$500,000 $500,000+ Suburb/ Number of Sep change 12 mths to change change Suburb/ Number of Sep change 12 mths to change change Locality SEP 10 Sales Sep Qtr 436 over the end of 77 over 12 8 over SEP 10 Locality Sales Sep 53 Qtr over 3 0 the end of over over S SEP 10 20 Qtr 2010 14 2010 4 qtr6 Sep 2010 1yr 5yrs SEP 10 20 Qtr 2010 2010 26 qtr 9 Sep 2010 71yr 5yrs HOUSESJUN 10 417 96 27 3 UNITS & TOWNHOUSES JUN 10 57 3 1 J JUN 10 TOOWOOMBA (LGA) 32 379 $289,000 1.4%24 $292,000 10 7.4% 8 29.5% JUN 10 14 TOOWOOMBA (LGA) ~ 12 80 9 $240,000 8 6.4% $238,250 8.3% 29.5% TOOWOOMBA (LGA) ^ 64 $455,000 3.5% $433,000 11.0% 33.2% EAST TOOWOOMBA ~ * 7 $225,000 -16.7% $269,500 29.6% 22.5% MAR 10 418 106 17 8 MAR 10 61 7 2 M CENTENARY HEIGHTS ~ 11 $285,000 -5.8% $291,250 4.0% 23.9% KEARNEYS SPRING ~ 14 $259,500 15.3% $252,000 5.2% 20.9% MAR 10 13 15 2 5 MAR 10 14 28 8 6 CROWS NEST 5 N/A N/A $231,250 2.8% 36.0% NEWTOWN ~ 8 $238,000 9.2% $215,500 -0.2% 22.8% INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL DARLING HEIGHTS ~ 13 $289,000 -7.4% $305,000 8.9% 22.9% RANGEVILLE 3 N/A N/A $295,000 N/A 28.7% EAST TOOWOOMBA ~ 13 $343,000 0.1% $353,550 -0.9% 30.9% SOUTH TOOWOOMBA 4 N/A N/A $226,500 N/A 13.3% GLENVALE GOLD COAST-1.9% $335,000 20 $309,500 LAND SALES 8.9% 36.2% BUNDABERG LAND SALES HARLAXTON ~ BUNDABERG <$250,00011 $221,500UNIT SALES <$350,000 -10.1% <$500,000 $250,000 14.2%$500,000+ 35.1% TOWNSVILLE UNIT SALES VACANT URBAN LAND <$250,000 <$350,000 $350,000+ $1m+ HARRISTOWN ~ <$250,000 25 $250,000 <$350,000 -6.3% <$500,000 $263,750 7.7% 25.6% $500,000+ TOOWOOMBA (LGA) * <$250,000 61 <$350,000 $147,000 14.8% $136,500 $500,000+ 51.7% <$500,000 14.7% HIGHFIELDS * SEP 10 5216 $430,000 164.2% 25 $422,250 -0.1% 14.7% TOOWOOMBA (LGA) ^ ~ * 44 $158,500 5.3% $160,5000 23.5% 42.0% S SEP 10 44 HIGHFIELDS ^ * 13 $440,000 2.4% $434,500 11.4% 24.1% BLUE MOUNTAIN HEIGHTS ^ * 5 $178,000 N/A N/A N/A N/A SEP 10 20 5 12 N/A 6 3N/A SEP 10 22 31 21 11 HODGSON VALE ^ ~ $510,000 N/A N/A GLENVALE * 3 N/A N/A $136,000 14.3% 46.2% JUN 10 83 41 8 J $313,000 14 6.8% 44N/A 4 N/A 0 JUN 10 KEARNEYS SPRING ~ 15 $330,000 10.7% 22.7% GOWRIE JUNCTION ^ * 4 N/A $140,000 N/A 46 MERINGANDAN WEST ^ ~ JUN 10 3 28 N/A N/A 14$310,000 4 -5.6% 3 30.5% HIGHFIELDS * JUN 10 23 3 38 N/A 19 N/A 12 $137,500 8.3% 20.1% MIDDLE RIDGEMAR 10 24 $421,250 4.0% 5$445,000 8.0% 30.9% HIGHFIELDS ^ * 7 $192,000 M 67 38 14 MAR 10 52 28.0% $159,500 N/A 4 32.9% 1 MOUNT LOFTY ~ 10 $327,500 -4.7% $365,000 14.6% 37.7% HODGSON VALE ^ * 5 $164,000 N/A N/A N/A N/A 91 NEWTOWN 10 MAR 16 35 $254,00019 -1.2% 5 1 $263,000 10.7% 33.5% MAR 10 KLEINTON * 26 11 59 $147,500 N/A 30 $136,250 14 6.9% N/A NORTH TOOWOOMBA ~ 13 $245,000 -5.8% $250,000 6.2% 34.2% MERINGANDAN WEST * 1 N/A N/A $110,000 N/A 61.8% OAKEY ~ 6 N/A N/A $236,000 19.5% 62.8% MIDDLE RIDGE ~ * 18 $201,250 N/A $213,750 30.3% 47.2% PITTSWORTH ~ SUNSHINE COAST LAND SALES 7 $275,000 N/A $258,000 -4.4% 55.9% WILSONTON HEIGHTS * GLADSTONEN/A 4 LAND SALES N/A $130,000 N/A N/A RANGEVILLE ~ <$250,000 32 $250 000 <$350,000 19.4% <$500,000 $350 000 $428,500 $500 000 $380,000 $500 000 $500,000+ 5.8% 28.8% <$250,000 $250 000 <$350,000 $350 000 $350,000+ $350 000 ROCKVILLE GLADSTONE UNIT SALES 13 $255,000 1.2% $257,000 7.5% 31.8% CAIRNS UNIT SALES $1m+ SOUTH TOOWOOMBA <$250,000 28 SEP 10 39 18 18 9 5.0% <$500,000 <$350,000 $278,250 $265,000 $500,000+ 6.0% 30.7% SEP 10 <$250,000 <$350,000 57 <$500,0002 4 $500,000+ SE TOOWOOMBA CITY 4 N/A N/A $259,500 1.6% 29.8% WESTBROOK 10 SEP 12 17 $402,500 0.6% 5 $389,500 6 4.6% 4 27.7% SEP 10 119 56 32 21 JUN 10 52 47 15 11 JUN 10 81 1 3 JU WILSONTON 18 $272,500 -2.5% $275,750 8.1% 31.3% WILSONTON HEIGHTS 5 N/A N/A $248,500 6.7% N/A9 WYREEMAJUN 10 10 ~ MAR 9 66 6 9 N/A 61 N/A 14 13 -3.4% 5 41.9% $288,750 15 JUN 10 10 MAR 80 32 6 269 30 25 MA Please see page 39 for legend and further notes 23 Issue 8 - September Quarter 2010 MAR 10 10 11 12 3 page 17 MAR 10 124 64 www.reiq.com.au 31 14
  • QUEENSLAND MAR K ET MONITOR TOOWOOMBA REGIOnAl MEDIAN WEEKLY RENTS MEDIAN WEEKLY RENTS Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Postcode Postcode Localities Rent New Rent New Localities Rent New Rent New ($) Bonds ($) Bonds ($) Bonds ($) Bonds 3 BEDROOM HOUSES 2 BEDROOM FLATS/UNITS TOOWOOMBA REGIONAL COUNCIL AREA $265 562 $250 647 TOOWOOMBA REGIONAL COUNCIL AREA $200 389 $190 327 4350 Newtown/ Rangeville/ Harristown/ Wilsonton/ etc. $270 442 $255 481 4350 Newtown/ Rangeville/ Harristown/ Wilsonton/ etc. $200 360 $190 303 4352 Highfields/ Meringandan/ Preston/ Withcott/ etc. $290 22 $260 35 4357 Millmerran/ Bringalily/ Stonehenge/ etc. $170 5 n.a. 2 4355 Crows Nest/ Glenaven/ Jones Gully/ etc. $210 8 $200 10 4401 Acland/ Biddeston/ Oakey/ etc. $185 15 $180 14 4356 Pittsworth/ Bongeen/ Stoneleigh/ etc. $250 17 $220 22 4357 Millmerran/ Bringalily/ Stonehenge/ etc. $230 8 $190 11 3 BEDROOM TOWNHOUSES 4358 Cambooya/ Eton Vale/ Felton/ etc. $230 5 n.a. 4 TOOWOOMBA REGIONAL COUNCIL AREA $275 9 $268 28 4359 Ascot/ Budgee/ Greenmount/ etc. $270 6 n.a. 4 4361 Back Plains/ Clifton/ Sandy Camp/ etc. $205 8 $190 11 4400 Kingsthorpe $225 6 $230 6 4401 Acland/ Biddeston/ Oakey/ etc. $245 17 $230 38 4614 Neumgna/ Upper Yarraman/ Yarrman/ etc. $200 10 $200 13 SUnSHInE COAST REGIOnAl Median house and unit prices Median land prices Among many other regions throughout the State, the Preliminary sales of vacant urban land fell dramatically on the Sunshine Coast was hit with a lack of positive growth over the Sunshine Coast during the September quarter, down about September quarter. The median house price on the Sunshine 30 per cent on the previous quarter. The median price of Coast dropped 3.2 per cent to $455,000, but recorded a 6 per vacant urban land dropped 4.7 per cent to $252,500 for the cent increase over the year ending September 2010. September quarter. Agents in the area are reporting caution and uncertainty The majority of preliminary sales over the year were recorded among buyers and sellers. in Peregian Springs, where house and land packages continue to sell well. Land sales located in the Kawana Waters estate However, it has been reported that investors are still active in located in Birtinya also posted an increase in preliminary sales the lower end of the market, opting for the $350,000 mark and numbers over the year ending September. below as this price bracket holds a stronger rental return. Buderim, one of the biggest trade areas on the Sunshine Coast, Median rents continues to post positive median price results, up 8 per cent for the quarter to $562,500.The number of preliminary house Residential vacancy rates have tightened slightly to 3.4 per sales in Buderim, for the year ending September 2010, was by cent, with the coastal region of Caloundra recording the lowest far the highest of any other Sunshine Coast suburb. at 2.5 per cent. In the Maroochy area, residential vacancy rates are also at a healthy level of 2.6 per cent. Noosa and the Sippy Downs, home to the University of the Sunshine Coast, Sunshine Coast hinterland, on the other hand, recorded 5.1 per one of Australia’s fastest growing universities, also recorded cent and 4.2 per cent, respectively. positive growth increasing its median 7.1 per cent to $449,750. Maroochydore posted a 7.3 per cent increase to $480,000 A slowing in sales activity in the hinterland region has resulted which can be partly attributed to canal-living properties that in an oversupply of rental stock as investors are unable to sell. were sold. Agents on the Noosa coast however are reporting tenant enquiry levels are picking up. The unit and townhouse market also experienced a drop in its median posting a 4.8 per cent decrease to $355,000. Although, The median rent for a three-bedroom house on the Sunshine increased its yearly median by 13.6 per cent. Coast increased $10 to $360 per week between September last year and September this year. The median rent for a two- Alexandra Headland, Noosa Heads and Golden Beach were bedroom unit also increased and was up $10 to $300 per week strong performing suburbs with a 10.9 per cent, 10.1 per cent over the same period. and 7 per cent increase to median prices over the September quarter. The increases from Alexandra Headland and Noosa Heads are due to the higher than usual number of waterfront and new units sold during that time. Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 18 www.reiq.com.au
  • SUnSHInE COAST REGIOnAl MEDIAN SALES DATA MEDIAN SALES DATA Suburb/ Number of Sep change 12 mths to change change Suburb/ Number of Sep change 12 mths to change change Locality Sales Sep Qtr over the end of over over Locality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr Sep 2010 1yr 5yrs Qtr 2010 2010 qtr Sep 2010 1yr 5yrs HOUSES HOUSES continued SUNSHINE COAST (LGA) 605 $455,000 -3.2% $475,000 6.0% 23.4% PEREGIAN BEACH ~ f 6 N/A N/A $616,000 11.5% 4.0% SUNSHINE COAST (LGA) ^ 134 $547,000 5.2% $580,000 5.9% 26.6% PEREGIAN SPRINGS ~ 14 $483,751 -6.1% $507,500 -1.3% N/A ALEXANDRA HEADLAND ~ 8 $610,000 N/A $688,500 -3.4% 41.2% POMONA ^ 5 $515,000 N/A $540,000 8.2% 39.4% AROONA 5 N/A N/A $430,000 6.2% 23.7% SIPPY DOWNS 38 $449,750 7.1% $445,000 3.5% 25.4% BATTERY HILL 8 $450,500 N/A $410,500 3.9% 16.0% SUNRISE BEACH ~ 5 N/A N/A $595,000 -1.7% 7.2% BEERWAH ~ 9 $380,000 -12.1% $405,000 3.7% 46.6% SUNSHINE BEACH ~ f 3 N/A N/A $862,500 7.5% -21.4% BLACK MOUNTAIN ^ 8 $525,500 N/A $505,000 N/A 21.7% TEWANTIN 18 $459,500 2.1% $447,000 4.0% 24.2% BLI BLI BRISBANE CITY HOUSE SALES$407,875 20 $397,500 -0.3% 7.3% 24.8% TWIN WATERS TOOWOOMBA HOUSE SALES BRISBANE11 $647,000 -2.9% CITY UNIT $680,000 6.3% 20.4% BUDDINA ~ f <$350,000 3 N/A <$500,000 N/A <$1m $683,750 $1m+ 24.3% 39.5% WARANA <$250,000 <$350,000 <$350,000 $452,500 $500,000+<$1m 10 -1.1% <$500,000 <$500,000 $477,500 0.2% $1m+ 19.7% BUDERIM 137 78 $562,500 8.0% $549,000 6.6% 30.2% WOOMBYE 5 N/A N/A $420,000 12.3% 35.5% 41 BUDERIM ^ 1 N/A N/A $918,000 8.6% 18.5% WURTULLA 14 $460,000 -3.9% $467,500 8.2% 26.5% SEP 10 780 1177 124 SEP 10 SEP 10 265266 628 97 16 270 37 SEP 10SEP 10 BURNSIDE 10 $363,000 N/A $389,250 7.8% 42.3% YAROOMBA 4 N/A N/A $502,500 4.7% 16.9% 141 44 CALOUNDRA WEST 13 $416,000 -3.3% $430,000 3.6% 22.9% COOLUM 10 JUN BEACH ~ f 881 14 $452,500 1373 -7.4% $497,000 141 6.2% 21.5% UNITS & TOWNHOUSES JUN 10 JUN 10 254 272 684 88 13 282 47 JUN 10JUN 10 COOROY 127 9 $430,000 0.7% $426,000 7.8% 38.5% SUNSHINE COAST (LGA) * f 50 386 $355,000 -4.8% $375,000 13.6% 11.9% CURRIMUNDI 10 $437,500 0.1% $438,000 3.1% 21.7% ALEXANDRA HEADLAND * f 23 $350,000 10.9% $335,000 6.3% 1.5% MAR 10 863 1259 120 MAR 10MAR 10 255 274 645 101 33 242 30 MAR 10 DOONAN ^ ~ 9 $560,000 -35.6% $700,000 11.1% 19.7% BUDERIM 26 $376,500 -4.9% $385,000 11.6% 32.0%MAR 10 EUMUNDI ^ 4 N/A N/A $620,000 N/A 21.6% CALOUNDRA * f 18 $412,500 0.6% $450,000 20.0% 16.9% GLASS HOUSE MOUNTAINS 7 $425,000 -1.7% $435,000 4.8% 35.9% CALOUNDRA WEST * 8 $325,000 -7.1% $330,000 8.2% 37.5% GLASS HOUSE MOUNTAINS ^ 4 N/A N/A $470,000 11.2% 19.0% COOLUM BEACH * f 12 $377,000 3.6% $376,000 13.9% 5.6% GOLDEN BEACH BRISBANE SURROUNDS HOUSE SALES 11 $440,500 -4.8% $458,750 4.3% 22.3% GOLDEN BEACH BRISBANE SURROUNDSSALES SALES FRASER COAST HOUSE UNIT $370,000 17 $380,000 7.0% 5.0% 19.4% KULUIN ~ 10 $386,750 N/A $390,000 -2.4% 23.8% KINGS BEACH f 16 $419,000 -3.7% $443,000 9.4% 23.1% <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$350,000 <$500,000 <$500,000 $500,000+ $500,000+ LANDSBOROUGH 8 $406,250 6.2% $381,250 3.0% 35.2% MARCOOLA * f 14 $275,000 -21.9% $359,000 7.2% 0.4% LITTLE MOUNTAIN ~ 23 $450,000 -6.3% $470,000 2.2% 27.4% MAROOCHYDORE ~ f 55 $332,000 -5.1% $368,500 6.2% 11.7% SEP 10 815 1009 328 16 SEP 10 SEP 10 113 156 231 71 38 $401,000 51 4.8% 9 $380,000 SEP 10 10 SEP MALENY 5 N/A N/A $480,000 12.9% 42.8% MOOLOOLABA 27 10.1% 7.0% MALENY ^ 1 N/A N/A $632,500 4.5% 31.8% MOUNT COOLUM 6 N/A N/A $345,000 15.0% 20.9% MARCOOLA JUN 10 775 2 N/A 1111 N/A $462,00014 6.8% 424 8.1% JUN 10 JUN 10* NAMBOUR 102 182 11 224$249,000 -4.2%110 $285,000 48 45 15 14.5% 58.3% JUN 10 10 JUN MAROOCHY RIVER ^ 7 $490,000 N/A N/A N/A N/A NOOSA HEADS - * f 21 $640,000 10.1% $565,000 0.9% -13.1% MAROOCHYDORE f 16 $480,000 7.3% $473,750 10.3% 22.9% NOOSAVILLE - ~ f 27 $325,000 -11.7% $390,000 11.4% 19.1% MAR 10 MERIDAN PLAINS ~ 839 4 1147 N/A N/A 454 $428,500 13 -4.8% 8.1% MAR 10MAR 10 PARREARRA * f 104 193 6 240 N/A N/A 101$393,750 80 55 10 -9.5% 15.0% MAR 10 10 MAR MINYAMA f 5 N/A N/A $820,000 -14.6% 51.5% PELICAN WATERS * 3 N/A N/A $469,900 9.8% N/A INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL MOFFAT BEACH 6 N/A N/A $563,500 12.8% 33.5% PEREGIAN BEACH 6 N/A N/A $444,000 3.3% 1.4% MOOLOOLABA ~ f 9 $775,000 26.0% $632,500 14.0% 24.0% PEREGIAN SPRINGS - * 6 $417,900 0.0% $417,900 4.4% N/A MOOLOOLAH VALLEY ^ ~ GOLD COAST HOUSE N/A $505,000 4 N/A SALES -11.4% 17.4% SIPPY DOWNS * GOLD COAST UNIT SALES BUNDABERG HOUSE SALES 5 N/A N/A $205,000 5.1% -5.7% SUNRISE BEACH MOUNT COOLUM <$350,000 4 N/A <$500,000 N/A <$1m $470,000 $1m+ 2.2% 14.1% <$250,000 <$350,000 <$350,000N/A 2 <$500,000 <$500,000$368,575 N/A $500,000+ <$1m 1.7% $1m+ 9.0% MOUNTAIN CREEK ~ g 16 $461,750 -10.3% $495,000 3.1% 25.3% SUNSHINE BEACH ~ f 4 N/A N/A $525,000 -8.5% -4.5% 24 NAMBOUR 28 $335,000 -1.6% $345,000 1.5% 31.4% TEWANTIN 5 N/A N/A $300,000 0.0% 27.7% SEP 10 433 332 49 SEP 10 SEP 10 104 374181 282 191 50 42 8 SEP 10SEP 10 NOOSA HEADS ~ f 9 $835,000 26.0% $648,500 -1.7% 4.5% TWIN WATERS * f 3 N/A N/A $577,500 N/A N/A 20 NOOSAVILLE ~ f 13 $630,000 14.5% $720,000 0.0% -3.0% WARANA 7 $309,000 N/A $317,500 2.4% 21.5% PACIFIC PARADISE 417 2 N/A N/A364 $389,000 7.2% 37.5% 123 JUN 10 54 JUN 10 JUN 10 144428 405 41 9 258 46 JUN 10 10 JUN PALMWOODS ^ 3 N/A N/A $672,500 3.5% N/A 16 PALMWOODS ~ 19 $430,000 -11.7% $435,750 -1.0% 20.7% MAR 10 PARREARRA 43414 $512,500 2.5% 422 $525,000 3.3%58 10.1% MAR 10 MAR 10 99 415 166 407 60 278 1291 MAR 10 10 MAR PELICAN WATERS 18 $637,500 -4.9% $643,500 6.6% 21.6% SUNSHINE COAST HOUSE SALES GLADSTONE HOUSE SALES SALES SUNSHINE COAST UNIT <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$350,000 <$500,000 <$500,000 $500,000+ <$1m $1m+ < 68 26 SEP 10 322 189 SEP 10 SEP 10 44 46 140 90 9927 77 24 SEP 10 SEP 10 46 40 JUN 10 348 226 JUN 10 JUN 10 45 64 139 109 146 25 87 19 JUN 10 JUN 10 50 41 MAR 10 396 290 MAR 10MAR 10 5244 163 77 19 145 100 23 MAR 10MAR 10 Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 19 www.reiq.com.au
  • <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 $350,000+QUEENSLAND MAR K ET SEP 10 38 54 34 15 SEP 10 56 50 SEP MONITOR JUN 10 54 49 36 15 JUN 10 54 7 2 JUN MAR 10 26 55 47 12 MAR 10 67 32 MAR SUnSHInE COAST REGIOnAl MEDIAN SALES DATA MEDIAN WEEKLY RENTS Suburb/ BRISBANE SURROUNDS LAND mths to change Number of Sep change 12 SALES change Suburbs/ FRASER COAST LAND SALES Sep Qtr 2010 Sep Qtr 2009 Postcode Locality Sales Sep <$250,000 <$350,000Qtr <$500,000 end of$500,000+ over the over over Localities <$250,000 <$350,000 Rent New Rent $350,000+ New Qtr 2010 2010 qtr Sep 2010 1yr 5yrs ($) Bonds ($) Bonds VACANT URBAN LAND SEP 10 436 77 12 8 3 BEDROOM HOUSES continued SEP 10 53 3 0 SEP SUNSHINE COAST (LGA) * f 84 $252,500 -4.7% $255,000 8.5% 15.9% 4564 Marcoola/ Mudjimba/ Pacific Paradise/ etc. $375 49 $350 42 SUNSHINE COAST (LGA) ^ ~ 28 $370,000 8.8% $370,000 15.6% 21.3% 4572 Alexandra Headland $420 10 $360 8 JUN 10 BEERWAH * 2 417 N/A N/A $190,25096 27 0.7% 3 31.2% JUN 10 4573 57 Coolum Beach/ Peregian Springs/ Yaroomba/ etc. $370 3101 1 $350 83 JUN BIRTINYA * 1 N/A N/A $320,000 N/A N/A Maroochy (inland region) $350 27 $350 34 BLI BLI * 0 N/A N/A $248,000 N/A 45.7% 4554 Eudlo/ Ilkley $350 5 $330 5 MAR 10 418 106 17 8 MAR 10 61 7 $350 2 MAR BUDERIM 4 N/A N/A $265,000 2.9% 8.2% 4561 Ninderry/ North Arm/ Yandina/ Yandina Creek/ etc. $350 11 15 BURNSIDE * 2 N/A N/A $186,500 5.1% 31.1% 4562 Belli Park/ Doonan/ Eerwah Vale/ Eumundi/ etc. $370 8 $370 13 INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL COES CREEK * 5 $180,000 N/A $188,500 N/A N/A Noosa (coastal region) $390 117 $380 136 COOLUM BEACH * 2 N/A N/A $282,500 8.7% -4.4% 4565 Boreen Point/Cootharaba/ Tewantin/ etc. $370 47 $350 56 LITTLE MOUNTAIN * GOLD COAST N/A 0 LANDN/A $249,000 SALES -4.2% 31.1% 4566 Noosaville BUNDABERG LAND SALES $380 21 $375 20 MALENY * <$250,000 <$350,000 N/A 4 N/A $221,000 $500,000+ 16.3% <$500,000 0.5% 4567 Noosa Heads/ Sunrise Bch/ Sunshine Bch/ etc. $415 49 $400 60 <$250,000 <$350,000 $350,000+ MERIDAN PLAINS * 0 N/A N/A $244,900 N/A N/A Noosa (inland region) $320 56 $330 36 MOUNT COOLUM * f 2 4563 Black Mountain/ Cooroy/ Lake Macdonald/ etc. $340 31 $370 13 SEP 10 52 25 16N/A N/A $399,000 26.7% 19.1% SEP 10 44 0 2 SEP MOUNTAIN CREEK * 0 N/A N/A $239,500 6.4% N/A 4568 Federal/ Pinbarren/ Pomona $300 17 $330 15 NOOSAVILLE ~ * f 5 $310,000 -7.5% $315,000 5.9% N/A 4569 Cooran $295 7 $285 7 JUN 10 83 41N/A 8 14 JUN PALMWOODS G 1 N/A $199,000 N/A 15.4% JUN 10 44 4 0 PELICAN WATERS * f 8 $510,000 50.0% $340,000 10.0% 3.0% 2 BEDROOM FLATS/UNITS PEREGIAN SPRINGS + * 6 $247,500 -10.0% $262,400 -6.3% N/A SUNSHINE COAST REGIONAL COUNCIL AREA $300 957 $290 1,032 MAR 10 67 38 5 14 MAR MAR 10 Caloundra (coastal region) 52 $300 219 $285 4 1 233 SIPPY DOWNS * 1 N/A N/A $227,250 11.9% 48.0% WOOMBYE ~ * 9 $230,000 -13.2% $230,000 12.2% 39.4% 4551 Currimundi/ Golden Beach/ Moffat Beach/ etc. $290 180 $280 182 4575 Bokarina/ Minyama/ Parrearra/ Wurtulla/ etc. $350 39 $330 51 Caloundra (inland region) $250 9 $265 10 SUNSHINE COAST LAND SALES GLADSTONE LAND SALES Maroochy (coastal region) $295 598 $285 644 4556 Buderim/ Forest Glen/ Sippy Downs/ Tanawha/ etc. $284 27 $260 25 <$250,000 $250 000 <$350,000 $350 000 <$500,000 $500 000 $500,000+ $500 000 <$250,000 $250 000 <$350,000 $350 000 $350,000+ $350 000 4557 Mooloolaba/ Mountain Creek $285 120 $280 137 4558 Kuluin/ Maroochydore $300 172 $295 201 SEP 10 39 18 18 9 SEP 10 4559 57 Diddillibah/ Kiels Mountain/ Woombye/ etc. 2 4 $270 7 $260 13 SEP 1 4560 Bli Bli/ Burnside/ Montville/ Nambour/ etc. $240 47 $225 43 JUN 10 52 47 15 11 4564 JUN 10 Marcoola/ Mudjimba/ Pacific Paradise/ etc. 81 $300 65 1 $300 3 88 JUN 1 4572 Alexandra Headland $340 83 $315 73 4573 Coolum Beach/ Peregian Springs/ Yaroomba/ etc. $280 75 $275 63 MAR 10 66 61 13 15 MAR 10 32 Maroochy (inland region) 6 2 n.a. 2 $240 8 MAR 1 Noosa (coastal region) $320 125 $300 130 4565 Boreen Point/Cootharaba/ Tewantin/ etc. $255 8 $260 8 4566 Noosaville $315 52 $300 51 4567 Noosa Heads/ Sunrise Bch/ Sunshine Bch/ etc. $320 65 $300 71 Noosa (inland region) n.a. 4 $250 7 MEDIAN WEEKLY RENTS Suburbs/ Sep Qtr 2010 Sep Qtr 2009 3 BEDROOM TOWNHOUSES Postcode Localities Rent New Rent New SUNSHINE COAST REGIONAL COUNCIL AREA $370 194 $345 162 ($) Bonds ($) Bonds Caloundra (coastal region) $350 42 $330 31 3 BEDROOM HOUSES 4551 Currimundi/ Golden Beach/ Moffat Beach/ etc. $360 35 $320 28 SUNSHINE COAST REGIONAL COUNCIL AREA $360 1,031 $350 1,067 4575 Bokarina/ Minyama/ Parrearra/ Wurtulla/ etc. $340 7 n.a. 3 Caloundra (coastal region) $360 282 $350 290 Caloundra (inland region) $300 17 $300 6 4551 Currimundi/ Golden Beach/ Moffat Beach/ etc. $350 186 $350 160 4519 Beerwah/ Coochin Creek/ Peachester/ etc. $300 7 n.a. 3 4575 Bokarina/ Minyama/ Parrearra/ Wurtulla/ etc. $380 96 $360 130 4550 Landsborough/ Mt Mellum $290 6 n.a. 1 Caloundra (inland region) $320 83 $320 111 Maroochy (coastal region) $370 105 $350 101 4518 Glass House Mountains $320 12 $340 15 4556 Buderim/ Forest Glen/ Sippy Downs/ Tanawha/ etc. $380 29 $350 25 4519 Beerwah/ Coochin Creek/ Peachester/ etc. $320 24 $325 29 4557 Mooloolaba/ Mountain Creek $380 9 $340 8 4550 Landsborough/ Mt Mellum $320 9 $320 20 4558 Kuluin/ Maroochydore $335 22 $325 15 4552 Conondale/ Maleny/ Reesville/ Witta/ etc. $320 28 $320 31 4560 Bli Bli/ Burnside/ Montville/ Nambour/ etc. $340 7 $285 9 4553 Glenview/ Mooloolah Valley/ Palmview/ etc. $350 10 $345 16 4564 Marcoola/ Mudjimba/ Pacific Paradise/ etc. $370 15 $360 18 Maroochy (coastal region) $360 466 $350 460 4573 Coolum Beach/ Peregian Springs/ Yaroomba/ etc. $390 22 $340 22 4555 Chevallum/ Hunchy/ Palmwoods $350 10 $345 18 Maroochy (inland region) n.a. 0 n.a. 0 4556 Buderim/ Forest Glen/ Sippy Downs/ Tanawha/ etc. $380 85 $370 93 Noosa (coastal region) $440 29 $395 22 4557 Mooloolaba/ Mountain Creek $380 54 $370 52 4566 Noosaville $400 13 $400 11 4558 Kuluin/ Maroochydore $360 41 $350 49 4567 Noosa Heads/ Sunrise Bch/ Sunshine Bch/ etc. $450 16 $395 9 4559 Diddillibah/ Kiels Mountain/ Woombye/ etc. $350 13 $340 13 Noosa (inland region) n.a. 1 n.a. 2 4560 Bli Bli/ Burnside/ Montville/ Nambour/ etc. $330 103 $320 102 Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 20 www.reiq.com.au
  • FRASER COAST REGIOnAl Median house and unit prices Median rents The Fraser Coast experienced a 0.8 per cent drop in its median Following periods of high stock levels, vacancy rates on the house price over the September quarter to $297,500 however Fraser Coast have begun to return to levels seen two years ago. it still recorded 5 per cent growth over the year. Although still relatively high at 5.4 per cent, this is a marked improvement on the 6.3 per cent recorded in March this year. Agents are reporting that the market generally is remaining steady and that they have not seen much of a change in The median rent for a two-bedroom unit dropped $5 to $205 activity. Buyers are remaining cautious and wary of current per week between September 2010 and September last economic climate as well as interest rates. A proposed open- year. Conversely, the median rent for a three-bedroom house cut coal mining project is sparking HOUSE anticipation among BRISBANE CITY a bit of SALES increased by $5TOOWOOMBA HOUSE SALES the same to $250 per week compared over hopeful residents of the region. <$350,000 <$500,000 <$1m $1m+ period. <$350,000 <$500,000 $500,000+ 137 Agents are continuing to report that first home buyers are few Hervey Bay residential rentals are attracting a low number 780 1177 124 and far between; however, there are still investors interested SEP 10 SEP 10 266 97 16 of applicants; however the majority are taking only one to SEP 1 141 in the area, as well as buyers from interstate seeking a lifestyle two weeks to re-let. In Maryborough, agents are reporting change. JUN 10 881 1373 141 slower10 JUN tenant enquiry,272 however investor activity has remained 88 13 JUN 1 127 unchanged. Point Vernon’s median house price increased 6.2 per cent to $332,000 while demand for property in Torquay was strong MAR 10 863 1259 120 MAR 10 274 101 33 MAR 1 with an extra 13 preliminary house sales compared to the previous quarter. Kawungan and Urangan also performed well for the quarter BRISBANE SURROUNDS HOUSE SALES with a 4.8 per cent and 1.3 per cent increase to the median FRASER COAST HOUSE SALES BRISBANE CITY UNIT<$1m <$350,000 <$500,000 SALES Kawangan house price to $330,000 and $324.500, respectively.$1m+ TOOWOOMBA UNIT SALES <$350,000 <$500,000 $500,000+ is a newer suburb of the region, while Urangan has built up $1m+ <$250,000 <$350,000 <$500,000 <$1m <$250,000 <$350,000 <$500,000 $500,000+ popularity over the 815 couple of years. SEP 10 41 last 1009 328 16 SEP 10 156 51 9 SEP 1 SEP 10 265 628 270 37 SEP 10 45 26 7 2 SE The unit and townhouse market on the Fraser Coast also 44 experienced a decrease to its median price with 424 per cent 775 1111 a 4.2 14 JUN 10 JUN 10 182 48 15 JUN 1 JUN 10 254 684 fewer sales in new decrease to $272,000, partly attributed to 282 47 JUN 10 47 22 5 2 JU MAR 10 50 839 developments in Urangan. 1147 454 13 10 MAR 10 193 80 MAR 1 MAR 10 255 645 242 30 MAR 10 43 21 10 1 Agents INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONALnumber of unit in the area are reporting that a MA developments – like Peppers Resort for example - are still selling. However, there is still a substantial amount of stock on GOLD COAST HOUSE SALES BUNDABERG HOUSE SALES the market. BRISBANE SURROUNDS<$1m SALES <$350,000 <$500,000 UNIT $1m+ FRASER COAST UNIT <$350,000 SALES <$500,000 $500,000+ Pialba and Urangan were strong performers SALES year with 24 BRISBANE CITY LAND for the <$250,000 <$350,000 <$500,000 $500,000+ TOOWOOMBA LAND SALES $500,000+ <$250,000 <$350,000 <$500,000 both posting positive increases, up 7.4 per cent and 5$500,000+ SEP <$250,000 10 433 <$350,000 332 <$500,000 per cent, 49 SEP 10 <$250,000 181 <$350,000 $350,000+ 8 42 SEP 1 respectively. 10 20 113 SEP 231 71 38 SEP 10 20 14 4 6 S SEP 10 10 JUN 38 417 54 34 15 364 54 SEP 10 56 50 JUN 1 JUN 10 144 41 9 MedianJUN 10 16 prices land 102 224 110 45 JUN 10 32 24 10 8 JU JUNMAR 10 10 54 The median price of vacant land49 the Fraser Coast increased 434 on 36 42215 58 JUN 10 MAR 10 166 54 7 60 2 12 MAR 1 marginally by10 per cent over the September quarter to MAR 0.3 104 240 101 55 MAR 10 13 15 2 5 MA $155,000, with26 MAR 10 preliminary sales numbers holding relatively 55 47 12 MAR 10 67 32 stable. INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL The median price in SUNSHINE COAST HOUSE SALES the Toogoom increased 6.9 per cent over GLADSTONE HOUSE SALES GOLD<$500,000 UNIT SALES $1m+ <$350,000 COAST quarter to $155,000 and was also the top performing suburb <$1m BUNDABERG UNIT SALES <$350,000 <$500,000 $500,000+ BRISBANE year <$350,000 LAND SALES <$1m over the SURROUNDS <$500,000 for land growth 68 <$250,000 jumping 14.9 per cent. Both 26 $1m+ FRASER COAST LAND SALES <$250,000 <$350,000 <$500,000 $500,000+ figures were impacted by<$350,000 than usual number of <$250,000 SEP 10 322 higher 189 the <$500,000 $500,000+ SEP 10 44 <$250,000 90 <$350,00027 $350,000+ SEP 10 waterfront and46 104land sold during that time.40 SEP 10new 374 282 191 50 SEP 10 20 12 6 3 S SEP 10 436 77 12 8 SEP 10 53 3 0 JUN 10 348 226 JUN 10 64 109 25 JUN 10 JU JUN 10 50 123 428 405 258 46 JUN 10 28 14 4 3 41 JUN 10 417 96 27 3 JUN 10 57 3 1 MAR 10 396 290 MAR 10 52 77 19 MAR 10 MAR 10 99 415 407 278 91 MAR 10 16 19 5 1 M MAR 10 418 106 17 8 MAR 10 61 7 2 INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL SUNSHINE COAST UNIT SALES GLADSTONE UNIT SALES 39 for legend and further notes Please see page <$250,000 COAST LAND SALES GOLDIssue 8 - September Quarter 2010 <$350,000 <$500,000 <$1m page 21 $1m+ BUNDABERG LAND<$500,000 <$250,000 <$350,000 SALES www.reiq.com.au $500,000+
  • QUEENSLAND MAR K ET MONITOR FRASER COAST REGIOnAl MEDIAN SALES DATA MEDIAN SALES DATA Suburb/ Number of Sep change 12 mths to change change Suburb/ Number of Sep change 12 mths to change change Locality Sales Sep Qtr over the end of over over Locality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr Sep 2010 1yr 5yrs Qtr 2010 2010 qtr Sep 2010 1yr 5yrs HOUSES VACANT URBAN LAND FRASER COAST (LGA) 216 $297,500 -0.8% $310,000 5.0% 24.0% FRASER COAST (LGA) 56 $155,000 0.3% $155,000 6.9% 24.0% FRASER COAST (LGA) ^ 44 $364,250 -13.5% $392,500 6.1% 30.8% FRASER COAST (LGA) ^ ~ * 50 $95,000 0.5% $106,000 -11.7% 86.0% ELI WATERS 15 $320,000 -1.5% $333,898 1.6% 25.1% BAUPLE ^ ~ 6 $69,625 N/A N/A N/A N/A GLENWOOD ^ 6 $207,500 N/A $225,000 3.0% 50.0% BURRUM HEADS * 7 $149,000 -2.0% $153,500 2.7% 25.8% GRANVILLE ~ 6 N/A N/A $222,000 -9.8% 20.0% GLENWOOD ^ * 23 $82,000 0.0% $81,000 1.3% 97.6% KAWUNGAN 14 $330,000 4.8% $331,500 3.0% 5.2% NIKENBAH * 5 $168,750 N/A N/A N/A N/A MARYBOROUGH ~ 53 $212,500 -7.6% $230,000 -1.3% 32.9% RIVER HEADS 4 N/A N/A $150,000 N/A 20.0% PIALBA ~ f 10 $326,500 20.9% $301,000 10.3% 18.0% TOOGOOM * f 5 $155,000 6.9% $152,500 14.9% 7.2% POINT VERNON 16 $332,000 6.2% $325,000 5.2% 22.6% URRAWEEN * 4 N/A N/A $168,750 5.8% 27.8% SCARNESS 8 $265,000 -1.7% $302,500 8.0% 17.5% WONDUNNA * 6 $175,000 -1.7% $175,000 2.9% 21.5% TINANA ^ BRISBANE CITY HOUSE SALES 4 N/A N/A $408,000 2.6% 38.3% TOOWOOMBA HOUSE SALES TINANA ~ 10 $346,000 19.7% $310,000 3.3% 24.0% <$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ TOOGOOM 5 N/A N/A $320,000 0.0% 2.9% 137 TORQUAY ~ 21 $326,000 -2.2% $320,000 -1.5% 12.3% MEDIAN WEEKLY RENTS URANGAN SEP 10 780 22 $324,500 1177 $325,398 1.3% 124 5.2% 21.0% SEP 10 266 97 16 SEP 1 Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Postcode URRAWEEN ~ 141 9 $350,000 4.2% $339,900 -3.2% 16.4% Localities Rent New Rent New ($) Bonds ($) Bonds JUN 10 881 1373 141 JUN 10 272 88 13 JUN 1 127 3 BEDROOM HOUSES UNITS & TOWNHOUSES FRASER COAST REGIONAL COUNCIL AREA $250 406 $245 400 MAR 10 FRASER COAST (LGA) - * 863 39 $272,000 -4.2% 1259 $289,240 120 5.2% 11.2% 4650 10 MAR Maryborough region 274 101 $240 13633 $230 144 MAR 1 PIALBA - * 8 $397,500 N/A $290,000 7.4% 30.3% 4655 Hervey Bay/ Pialba/ Scarness/ Urangan $260 246 $250 245 SCARNESS ~ f 6 N/A N/A $250,000 -9.1% -12.0% 4659 Burrum/ Burrum Heads/ Howard $250 21 $240 9 TORQUAY - f 2 N/A N/A $255,000 -0.8% 10.9% URANGAN - * 13 $330,000 0.0% $330,000 BRISBANE SURROUNDS HOUSE SALES 5.0% 10.4% 2 BEDROOM FLATS/UNITS FRASER COAST HOUSE SALES FRASER COAST REGIONAL COUNCIL AREA $205 215 $210 209 <$350,000 <$500,000 <$1m $1m+ 4650 <$350,000 Maryborough region <$500,000 $500,000+ $180 65 $165 54 4655 Hervey Bay/ Pialba/ Scarness/ Urangan $220 146 $215 154 SEP 10 815 1009 328 16 SEP 10 156 51 9 SEP 1 3 BEDROOM TOWNHOUSES FRASER COAST REGIONAL COUNCIL AREA $280 66 $275 41 JUN 10 775 1111 424 14 JUN 10 182 48 15 JUN 1 4655 Hervey Bay/ Pialba/ Scarness/ Urangan $280 65 $275 40 MAR 10 839 1147 454 13 MAR 10 193 80 10 MAR 1 BUnDABERG REGIOnAl INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL Median house and unit prices GOLD COAST HOUSE SALES BUNDABERG HOUSE SALES The Bundaberg median house<$500,000 <$350,000 price dropped 4.6 per$1m+ to <$1m cent <$350,000 <$500,000 $500,000+ $272,000 over the September quarter although it maintained 24 a positiveSEP 10 change over the433 ending September 2010 to be year 332 49 SEP 1 SEP 10 181 42 8 up 4 per cent. Bundaberg remains the most affordable major 20 regional centre in Queensland. JUN 10 417 364 54 JUN 10 144 41 9 JUN 1 Although the market has slowed down compared to last year, 16 the September quarter has shown some signs of recovery, with MAR 10 434 422 58 MAR 10 166 60 12 MAR 1 preliminary sales numbers up. Agents are reportedly still selling properties, they just need to be listed as close to the buying or actual price as possible for fear of losing potential buyers. COAST HOUSE SALES SUNSHINE Bargara, 13 kilometres east of HOUSE SALES notched up a GLADSTONE Bundaberg, also Agents have also<$350,000 a distinct drop in first home buyer reported <$500,000 <$1m $1m+ 1 per cent increase to $368,500 and also $500,000+ well over <$350,000 <$500,000 performed activity as banks68 tighten their lending criteria, while investors 26 the year ending September 2010 with a positive change to its on the other hand are still active. SEP 10 322 189 median by 9.2 per cent. 90 SEP 10 44 27 SEP 10 46 Bundaberg South increased its median house price by 2.1 per 40 Although Avoca’s median was unchanged for the quarter, its cent to $265,500, over the September quarter, attracting up- JUN 10 348 226 preliminary sales numbers were up as well as recording a 4.6 JUN 10 64 109 25 JUN 10 graders and second home buyers. 50 41 per cent increase over the year. MAR 10 396 290 MAR 10 52 77 19 MAR 10 Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 22 www.reiq.com.au
  • BUnDABERG REGIOnAl The unit and townhouse market was one of very few regions MEDIAN SALES DATA across the State which posted positive gains to its median, up Suburb/ Number of Sep change 12 mths to change change 3.7 per cent to $250,000 – only $22,000 less than the house Locality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr Sep 2010 1yr 5yrs median. HOUSES Bargara was again a top performing suburb for the quarter BUNDABERG (LGA) ~ 231 $272,000 -4.6% $285,000 4.0% 35.7% with a 24.1 per cent increase to its median to $335,000. This BUNDABERG (LGA) ^ ~ 67 $332,000 10.7% $340,000 8.5% 36.0% is largely due to the new developments along the Esplanade, AVENELL HEIGHTS ~ 13 $265,000 -9.6% $276,000 -2.2% 29.0% with one unit selling for just under $1.5 million boasting ocean AVOCA 17 $305,000 0.0% $320,000 4.6% 29.8% views. The top three unit sales for the quarter were all located BARGARA 23 $368,500 1.0% $380,000 9.4% 27.5% BRANYAN ^ ~ 11 $332,000 -6.7% $340,000 -1.7% 10.4% along the Esplanade. BUCCA ^ 5 $320,000 N/A N/A N/A N/A TOOWOOMBA UNIT SALES ROCKHAMPTON UNIT SALES BUNDABERG EAST 9 $280,000 0.5% $278,500 3.1% 49.7%m+ Median <$250,000prices land <$350,000 <$500,000 $500,000+ BUNDABERG<$250,000 NORTH <$350,000 19 <$500,000 $245,000 -5.8% $500,000+ $255,000 6.8% 39.7% BUNDABERG SOUTH 8 $265,500 2.1% $262,000 9.2% 45.6% The SEP 10 median price of 45 vacant urban land26 Bundaberg in 7 2 BUNDABERG WEST SEP 10 23 3 8 N/A 14 N/A 4 $261,000 1.8% 35.6% remained unchanged at $136,500 over the September quarter. BURNETT HEADS ~ 7 $300,000 21.7% $291,250 5.9% 37.1% Preliminary land sales numbers have held steady over the INNES PARK ~ 8 $336,000 -14.5% $358,000 3.8% 25.6% 47 JUN 10 47 22 5 2 quarter and year ending September 2010. JUN 10 KALKIE ~ 16 12 11 $335,000 10 10.7% 4 $369,000 11.8% 50.0% KEPNOCK 15 $275,000 -3.5% $280,000 1.8% 31.8% There was an increase in land sales activity over the year in MAR 10 43 21 10 1 MILLBANK ~ MAR 10 10 7 21 $285,000 -16.2% 12 $257,500 6 5.1% 33.8% Ashfield and Branyan due to new house and land estates. MOORE PARK BEACH ~ 8 $321,750 N/A $295,000 -4.8% N/A NORVILLE ~ 9 $233,000 8.9% $234,000 -4.0% 31.5% Median rents SVENSSON HEIGHTS ~ 14 $255,000 -8.9% $262,000 4.8% 45.2% THABEBAN 6 N/A N/A $285,750 7.8% 41.1% The median rent for a two-bedroom SALES FRASER COAST UNIT unit remained static at WALKERVALE ~ MACKAY UNIT SALES 16 $221,000 -11.6% $242,400 4.5% 38.5% $205 per week TOOWOOMBA LAND SALESSeptember last between<$350,000 <$250,000 September 2010 and $500,000+ <$500,000 ROCKHAMPTON<$500,000SALES <$250,000 <$350,000 LAND $500,000+ <$250,000 <$350,000 $350,000+ year. The median rent for a three-bedroom house increased UNITS & TOWNHOUSES <$250,000 <$350,000 $350,000+ by $1010 $260 20 week over the same period. There were SEP to per 14 4 6 BUNDABERG (LGA)20 SEP 10 * 41 $250,000 26 3.7% 9$253,000 7 -0.8% 17.7% SEP 10 56 50 marginally more bonds secured for two-bedroom units and BARGARA * f SEP 10 14 $335,000 70 24.1% $321,000 -2.7%3 -28.5% 0 three-bedroom houses this year compared to 12-months ago. JUN 10 32 24 10 8 JUN 10 14 12 9 8 VACANT URBAN LAND JUN 10 54 7 2 0 26.4% While vacancy rates for the Bundaberg region have returned to JUN 10 BUNDABERG (LGA) 46 67 $136,500 0.0% $139,000 4 3.0% 2.1MAR 10cent – as it was this time last year – agents are reporting per 13 15 2 5 BUNDABERG (LGA) ^ ~ MAR 10 14 32 28 $147,500 18.0% 8 $145,000 6 3.6% 84.7% slower tenant enquiry, with listings spending longer periods on MAR 10 67 32 ASHFIELD * MAR 10 4 57 N/A N/A $135,000 32 4.7% N/A the market. BARGARA * f 4 N/A N/A $160,000 -8.0% 17.6% BRANYAN * 3 N/A N/A $139,000 N/A N/A BRANYAN ^ 3 N/A N/A $132,000 N/A 87.2% BUNDABERG UNIT SALES CORAL COVE f TOWNSVILLE UNIT N/A 4 SALESN/A $161,500 N/A 22.3% $1m+ FRASER COAST LAND SALES <$250,000 <$350,000 <$500,000 $500,000+ INNES PARK ~ MACKAY LAND SALES <$250,000 <$350,000 5 $127,500 <$500,000 N/A $500,000+ $135,000 -1.6% 35.0% <$250,000 <$350,000 $350,000+ KALKIE * <$250,000 1 <$350,000 N/A N/A $350,000+ $130,000 6.1% 30.7% SEP 10 20 12 6 3 WOODGATE ~ 22 SEP 10 * 31 5 $145,000 11 21 N/A $136,500 1.1% N/A SEP 10 53 3 0 SEP 10 68 13 346 23 JUN 10 38 19 12 JUN 10 28 14 4 3 MEDIAN WEEKLY RENTS JUN 10 57 3 1 JUN 10 81 Sep Qtr 2010 2 4 2009 Sep Qtr Suburbs/ Postcode91 MAR 10 Localities 26 59 Rent30 New 14 Rent New MAR 10 16 19 5 1 ($) Bonds ($) Bonds8 MAR 10 61 7 2 MAR 10 80 5 0 3 BEDROOM HOUSES BUNDABERG REGIONAL COUNCIL AREA $260 381 $250 362 4660 Apple Tree Creek/ Childers/ Woodgate $250 29 $250 25 GLADSTONE UNIT SALES 4670 CAIRNS UNIT SALES Bundaberg/ Avoca/ Bargara/ Burnett Heads/ etc. $260 340 $260 321 $1m+ BUNDABERG LAND <$500,000 <$250,000 <$350,000 SALES $500,000+ 4671 <$250,000 Perry Gin Gin/ Mount TOWNSVILLE LAND SALES $500,000+$210 <$350,000 <$500,000$230 12 15 <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+ SEP 10 17 5 4 6 2 BEDROOM FLATS/UNITS SEP 10 119 56 32 21 SEP 10 44 0 2 55 SEP 10 BUNDABERG REGIONAL COUNCIL AREA $205 4160 2 $205 154 4670 Bundaberg/ Avoca/ Bargara/ Burnett Heads/ etc. $205 159 $205 148 JUN 10 9 9 14 5 JUN 10 80 69 30 25 JUN 10 58 12 5 JUN 10 44 4 0 3 BEDROOM TOWNHOUSES BUNDABERG REGIONAL COUNCIL AREA $280 10 $280 11 23 MAR 10 10 11 12 3 MAR 10 124 64 31 14 MAR 10 Bundaberg/ Avoca/ Bargara/ Burnett Heads/ etc. 4670 62 $280 10 $280 11 3 10 MAR 10 52 4 1 Please see page 39 for legend and further notes Issue 8 - September GLADSTONE LAND SALES Quarter 2010 page 23 CAIRNS LAND SALES www.reiq.com.au
  • BRISBANE SURROUNDS UNIT SALES <$350,000 <$500,000 <$1m $1m+ <$350,000 COAST UNIT FRASER <$500,000 SALES $500,000+ 24 BRISBANE CITY LAND SALES TOOWOOMBA LAND SALES MAR K ET <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+QUEENSLAND <$250,000 SEP 10 <$350,000 433 <$500,000 332 $500,000+ 49 SEP 10 <$250,000 181 <$350,000 $350,000+ 42 8 SEP 1 20113 MONITOR SEP 10 231 71 38 SEP 10 20 14 4 6 SEP 1 SEP 10 38 54 34 15 SEP 10 56 50 JUN 10 417 364 54 JUN 10 144 41 9 JUN 1 JUN 10 16 102 224 110 45 JUN 10 32 24 10 8 JUN 1 JUN 10 54 49 36 15 JUN 10 54 7 2 J MAR 10 434 422 58 MAR 10 166 60 12 MAR 1 GlADSTOnE55REGIOnAl 26 104 240 MAR 10 47 101 12 55 MAR 10 13 15 2 5 67 MAR 1 MAR 10 MAR 10 32 M Median house and unit prices INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL SUNSHINE COAST HOUSE SALES GLADSTONE HOUSE SALES Gladstone was the top performing regionSALES GOLD COAST UNIT in Queensland over BUNDABERG UNIT SALES <$350,000 <$500,000 <$1m $1m+ <$350,000 <$500,000 $500,000+ the September quarter, and its position in<$500,000 of the $1m+ BRISBANE SURROUNDS LAND SALES <$250,000 <$350,000 the midst <$1m FRASER COAST LAND SALES $500,000+ <$250,000 <$350,000 <$500,000 68 26 State’s burgeoning Liquid Natural Gas (LNG) industry means it’s <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 SEP 10 322 189 SEP 10 44 90 <$350,000 27 $350,000+ SEP 10 a position it10 104 hold for some 282 yet.191 50 SEP will likely 374 time SEP 1 46 SEP 10 20 12 6 3 40 The Gladstone SEP 10 JUN 10 median house436 increased 5.9 per77 12to8 348 price 226 cent SEP 10 JUN 10 64 53 109 3 0 25 JUN 10 $392,000JUN 10 the quarter.428 over 123 405 258 46 JUN 10 28 14 4 3 JUN 1 50 41 Over the September quarter417 JUN 10 MAR 10 96 27 3 396 specifically, Gladstone’s residential 290 JUN 10 MAR 10 52 77 57 19 3 1 MAR 10 propertyMAR 10 99 buoyed by the potential of LNG projects market was 415 407 278 91 MAR 10 16 19 5 1 MAR 1 earmarked for the region. With three multibillion-dollar LNG 8 MAR 10 418 106 17 MAR 10 61 7 2 M projects provisionally approved since that time, demand for property has increased markedly. INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL SUNSHINE COAST UNIT SALES The State Government’s conditional approval of the projects GLADSTONE UNIT SALES GOLD COAST LAND<$500,000 in<$1m <$350,000 SALES will result in about $50 billion-worth of investment the <$250,000 $1m+ BUNDABERG LAND SALES <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 ahead it is expected that Queensland. If all three projects go <$500,000 $500,000+ <$250,000 <$350,000 $350,000+ there will potentially be 18,000 jobs created. 77 24 SEP 10 46 140 99 SEP 10 17 5 4 6 SEP 10 SEP 10 52 25 16 SEP 10 44 0 2 Investors and prospective mine employees have been waiting for the announcements and have moved quickly to 87 19 JUN 10 45 139 146 secure JUN 10 9 9 14 5 JUN 10 JUN 10 83 41 8 14 JUN 10 44 4 0 property in the region. Buyers are coming from all over Australia, including people who intend to 145 MAR 10 44 163 secure work 100 one on 23 MAR 10 10 11 12 3 MAR 10 67 38 5 14 M of the projects. There are reports of investors buying multiple MAR 10 MAR 10 52 4 1 properties. While the vast majority of house sales are still occurring under the $450,000 mark, agents are reporting increasing interest in SUNSHINE COAST LAND SALES higher-end properties. GLADSTONE LAND SALES <$250,000 $250 000 <$350,000 $350 000 <$500,000 $500 000 $500 000 $500,000+ <$250,000 $250 000 <$350,000 $350 000 $350,000+ $350 000 The Gladstone median unit and townhouse price decreased 27.1 per10 SEP cent over the quarter however this figure was 39 18 18 9 SEP 10 57 4 2 S impacted by the varying numbers of new stock sold, as well as a reduction in the number of the waterfront units sold JUN 10 52 47 15 11 JUN 10 81 1 3 JU compared to the previous quarter. The median for the year ending September, which is more MAR 10 66 61 13 15 MAR 10 32 6 2 MA indicative of price growth, was up 8.6 per cent to $315,000. As with the housing market, there is currently strong interest in the unit and townhouse market from investors and owner- occupiers alike. Median rents Looking forward, the Gladstone residential property market The median rent for a three-bedroom house in Gladstone is expected to record very strong growth over the December increased $20 to $310 per week between September last year quarter, which may also flow through to the March 2011 and September this year. The median rent for a two-bedroom quarter such is the current level of demand from buyers. unit was steady at $230 over the same period. Agents are reporting extremely tight market conditions with Median land prices a vacancy rate of just 1.4 per cent as at the end of September. The median price of vacant land in Gladstone was steady Since the LNG project announcements in October and recording a marginal 0.4 per cent decrease to $179,250 over November, demand has increased further with some agencies the quarter. recording zero vacancy rates. As with other aspects of the property market in the region it While investor activity is currently robust and will help to add is expected that demand for land will increase dramatically to the rental pool in the months and years ahead, demand is over coming months in preparation for the expected influx of still likely to outstrip supply with upward pressure on rents the residents into the region for employment in the LNG sector. outcome. While demand is expected to increase, agents are reporting that is unlikely that developers will actually be able to develop the land quickly enough to cater for the larger population base. Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 24 www.reiq.com.au
  • GlADSTOnE REGIOnAl MEDIAN SALES DATA MEDIAN SALES DATA Suburb/ Number of Sep change 12 mths to change change Suburb/ Number of Sep change 12 mths to change change Locality Sales Sep Qtr over the end of over over Locality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr Sep 2010 1yr 5yrs Qtr 2010 2010 qtr Sep 2010 1yr 5yrs HOUSES VACANT URBAN LAND continued GLADSTONE (LGA) 161 $392,000 5.9% $380,000 4.1% 66.8% CALLIOPE ^ * 1 N/A N/A $183,500 N/A N/A GLADSTONE (LGA) ^ 30 $520,000 5.1% $460,000 4.5% 64.3% GLEN EDEN * 15 $195,000 5.4% $184,000 N/A 56.9% AGNES WATER ^ f 2 N/A N/A $455,000 N/A 82.0% KIRKWOOD * 10 $187,500 1.7% $179,950 0.3% N/A BOYNE ISLAND 15 $423,000 1.9% $416,000 6.3% 63.1% MIRIAM VALE ~ * 5 $50,000 N/A N/A N/A N/A CALLIOPE ~ * 9 $400,000 11.7% $368,500 -3.0% 90.7% SOUTH GLADSTONE * 3 N/A N/A $202,500 N/A 138.2% CLINTON 27 $405,000 9.8% $385,000 3.5% 59.6% GLEN EDEN ~ * 11 $477,835 13.5% $443,750 -1.4% 101.0% KIN KORA 16 $387,500 4.7% $370,000 2.8% 77.9% NEW AUCKLAND ~ 8 $397,500 13.6% $372,000 -3.4% 67.2% MEDIAN WEEKLY RENTS SOUTH GLADSTONE 7 $355,000 -1.4% $345,000 5.5% 68.3% Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Postcode TANNUM SANDS ~ 16 $474,000 9.0% $480,000 10.0% 54.8% Localities Rent New Rent New ($) Bonds ($) Bonds TELINA * 10 $445,000 -1.1% $445,000 17.1% 74.5% WEST GLADSTONE ~ * 18 $338,500 -10.3% $344,250 7.6% 81.2% 3 BEDROOM HOUSES GLADSTONE REGIONAL COUNCIL AREA $310 270 $290 239 UNITS & TOWNHOUSES 4677 Agnes Water/ Miriam Vale $260 15 $270 21 GLADSTONE (LGA) ² - * f 30 $246,000 -27.1% $315,000 8.6% 89.2% 4680 Gladstone/ Boyne Island/ Clinton/ Kin Kora/ etc. $310 252 $300 206 GLADSTONE CITY * f 5 N/A N/A $360,000 N/A N/A SOUTH GLADSTONE * 2 N/A N/A $250,000 -3.8% 122.2% 2 BEDROOM FLATS/UNITS WEST GLADSTONE 12 $222,500 N/A N/A N/A N/A GLADSTONE REGIONAL COUNCIL AREA $230 184 $230 163 4680 Gladstone/ Boyne Island/ Clinton/ Kin Kora/ etc. $230 181 $235 157 VACANT URBAN LAND GLADSTONE (LGA) 62 $179,250 -0.4% $180,000 4.7% 83.7% 3 BEDROOM TOWNHOUSES GLADSTONE (LGA) ^ ~ * 23 $195,000 5.4% $190,000 -5.0% 65.2% GLADSTONE REGIONAL COUNCIL AREA $330 26 $320 14 AGNES WATER f 5 $130,000 N/A $190,000 -2.8% 26.7% 4680 Gladstone/ Boyne Island/ Clinton/ Kin Kora/ etc. $330 26 $320 14 BOYNE ISLAND * f 1 N/A N/A $200,000 N/A 94.2% CALLIOPE * 14 $159,000 2.6% $155,000 14.8% 138.5% ROCKHAMPTOn REGIOnAl Median house and unit prices TOOWOOMBA HOUSE SALES ROCKHAMPTON HOUSE SALES The Rockhampton residential property market remained <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+ relatively flat over the September quarter posting a median house price decrease of 1.6 per cent to $315,000 over the SEP 10 266 97 16 SEP 10 162 62 22 period. 141 Buyer activity was subdued with no one segment of buyers JUN 10 272 88 13 JUN 10 128 62 25 more prevalent than the other. Some first home buyers are active in the market given there is less competition and0 therefore sellers are lowering their price expectations.33 274 101 MAR 10 Non- MAR 10 164 72 29 first home buyers are also using the opportunity of a quieter marketplace to upgrade. Investors have been notably absent from the market over recent times. FRASER COAST HOUSE SALES MACKAY HOUSE SALES While the Rockhampton market had been experiencing TOOWOOMBA UNIT SALES <$350,000 <$500,000 $500,000+ ROCKHAMPTON UNIT SALES <$350,000 <$500,000 $500,000+ $1m+ quieter conditions over the past two quarters, agents are <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ reporting that the announcement of two major projects 156 51 9 SEP 10 SEP 10 77 148 540 37 means better times are just ahead. SEP 10 45 26 7 2 SEP 10 23 8 14 44 The development of LNG in182 JUN 10 neighbouring Gladstone is likely 48 15 JUN 10 70 150 51282 47 to provide a10 JUN boon for the entire region with 22 47 reports 5 2 that JUN 10 16 12 10 4 thousands of workers will be required during the construction 13 MAR 10 193 80 10 MAR 10 62 183 46 phases of three major LNG projects that have recently been2 30 MAR 10 43 21 10 1 MAR 10 10 21 12 6 provisionally approved. BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALES <$350,000 COAST UNIT SALES FRASER <$350,000MACKAY UNIT SALES 39 for legend and further notes+ <$500,000Please see $500,000+ page <$500,000 $500,000+0,000+ Issue 8 - September Quarter 2010 <$350,000 <$250,000 <$500,000 $500,000+page 25 <$250,000 <$350,000 www.reiq.com.au <$500,000 $500,000+
  • QUEENSLAND MAR K ET MONITOR ROCKHAMPTOn REGIOnAl Agents are reporting that this demand for staff, as well as MEDIAN SALES DATA increased investment in the region broadly, will prove a Suburb/ Number of Sep change 12 mths to change change positive for Rockhampton over the long-term. Locality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr Sep 2010 1yr 5yrs Stockland also recently purchased land in Parkhurst which is HOUSES earmarked for a residential development of potentially 1,900 ROCKHAMPTON (LGA) 246 $315,000 -1.6% $320,000 6.7% 79.3% blocks. These projects will likely result in increased investment ROCKHAMPTON (LGA) ^ ~ 45 $395,000 -8.1% $420,000 -3.4% 62.8% activity in the region over 2011. ALLENSTOWN ~ 11 $240,000 -20.0% $278,750 19.6% 86.5% BERSERKER ~ 19 $270,000 17.4% $241,000 0.4% 78.5% The median sale price for Rockhampton units and townhouses COOEE BAY 9 $297,500 N/A $371,000 N/A 41.3% decreased 1.5 per cent to $272,500 over the quarter. This EMU PARK 4 N/A N/A $348,750 11.6% 45.9% segment of the Rockhampton market continues to be FRENCHVILLE 18 $348,750 7.3% $336,500 5.2% 62.2% impacted by an oversupply of existing stock. GLENLEE ^ 6 $455,000 N/A N/A N/A N/A GRACEMERE ~ * 26 $321,900 -5.3% $328,000 2.5% 77.3% KAWANA 10 $320,000 3.2% $310,000 5.4% 67.6% ROCKHAMPTON LAND SALES KOONGAL 7 $312,000 N/A $275,000 4.8% 82.1% <$250,000 <$350,000 $350,000+ LAMMERMOOR + * f 6 N/A N/A $437,500 -4.9% 41.1% MOUNT MORGAN ~ 7 $145,000 N/A $149,000 -0.7% 112.9% NORMAN GARDENS 25 $426,000 6.0% $415,000 12.2% 62.4% SEP 10 70 3 0 PARK AVENUE 15 $292,000 N/A $274,000 11.8% 77.1% ROCKHAMPTON CITY 6 N/A N/A $205,000 1.2% 78.3% JUN 10 67 4 0 TARANGANBA 3 N/A N/A $388,750 3.7% 49.5% THE RANGE ~ 9 $295,000 -28.0% $397,500 20.6% 89.3% WANDAL ~ 18 $280,000 4.9% $279,000 -0.4% 64.1% MAR 10 57 32 WEST ROCKHAMPTON 5 N/A N/A $255,000 3.4% 72.9% YEPPOON 18 $373,250 0.9% $360,000 2.9% 31.4% UNITS & TOWNHOUSES Median land pricesLAND SALES MACKAY ROCKHAMPTON (LGA) - * 42 $272,500 -1.5% $280,000 1.8% 67.7% BERSERKER * 11 $155,000 N/A $232,500 N/A N/A The median land price increased 2.2 per cent to $350,000+ over <$250,000 <$350,000 $142,000 ROSSLYN 0 N/A N/A $235,000 N/A N/A the quarter and was up 8.1 per cent over the year. YEPPOON - * 10 $368,250 5.2% $380,000 28.8% 78.7% SEP 10 68 13 3 While the Regional First Home Owners Grant of $4,000 has made little impact on this segment of the market, the JUN 10 81 2 4 affordability of Rockhampton land – the third most affordable VACANT URBAN LAND ROCKHAMPTON (LGA) * 73 $142,000 2.2% $146,000 8.1% 44.3% major region for land in Queensland – bodes well for this ROCKHAMPTON (LGA) ^ ~ * 22 $220,000 14.6% $220,000 10.0% 144.4% segment of the market. MAR 10 80 5 0 GRACEMERE * 25 $133,000 -0.2% $126,500 15.0% 104.0% Indeed, with a median land price nearly $40,000 less than LAMMERMOOR + * 2 N/A N/A $155,000 N/A N/A Gladstone’s, demand for land in Rockhampton is likely to MULAMBIN + * f 3 N/A N/A $160,750 7.2% 7.2% NORMAN GARDENS * 12 $174,000 N/A $174,500 5.4% 67.1% increase as workers arrive to take up employment at one of the TOWNSVILLE LAND SALES ROCKYVIEW ^ * 4 N/A N/A $220,000 N/A 144.4% region’s multibillion-dollar LNG projects. <$250,000 <$350,000 $350,000+ YEPPOON * G 6 $159,000 5.6% $151,500 -11.9% 44.3% ZILZIE ~ * f 13 $150,000 -20.0% $170,000 6.3% 25.9% Median rents SEP 10 55 4 2 The median weekly rent for a three-bedroom house in Rockhampton increased $1558 $295 between September 2009 JUN 10 to 12 5 and September this year. The median rent for a two-bedroom unit was up $5 to $225 per week over the same period.1 MAR 10 62 11 3 Despite mixed feelings amongst agents regarding the economic climate in the Rockhampton region, vacancy rates have returned to their usual levels, coming in at 2.3 per cent as at the end of CAIRNS LAND SALES are consistent and September. Enquiry levels many agents are reporting rental listings taking less than a <$250,000 $250 000 <$350,000 $350 000 $350,000+ $350 000 week on the market to lease. With subdued buyer activity, demand for rentals is continuing SEP 10 53 6 8 to be robust and this solid demand will likely entice investors to JUN 10 purchase investment property to add to the rental3pool. 56 8 MAR 10 58 10 5 Please see page 39 for legend and further notes Issue 8 - September Quarter 2010 page 26 www.reiq.com.au
  • ROCKHAMPTOn REGIOnAl MEDIAN WEEKLY RENTS MEDIAN WEEKLY RENTS Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Postcode Postcode Localities Rent New Rent New Localities Rent New Rent New ($) Bonds ($) Bonds ($) Bonds ($) Bonds 3 BEDROOM HOUSES 2 BEDROOM FLATS/UNITS ROCKHAMPTON REGIONAL COUNCIL AREA $295 482 $280 451 ROCKHAMPTON REGIONAL COUNCIL AREA $225 295 $220 245 4700 Allenstown/ Depot Hill/ Rockhampton City/ etc. $280 112 $270 101 4700 Allenstown/ Depot Hill/ Rockhampton City/ etc. $240 75 $220 65 4701 Berserker/ Park Avenue/ Norman Gardens/ etc. $295 203 $280 178 TOOWOOMBA HOUSE SALES 4701 Berserker/ Park Avenue/ Norman Gardens/ etc. ROCKHAMPTON HOUSE SALES $220 137 $210 113 4702 Coowonga/ Keppel Sands/ The Caves/ etc. $300 62 $265 39 4702 Coowonga/ Keppel Sands/ The Caves/ etc. $150 9 $165 7 <$350,000 <$500,000 $500,000+ 4703 Cooee Bay/ Rosslyn/ Taranganba/ Yeppoon/ etc. $300 71 $295 91 4703 Cooee Bay/ Rosslyn/ Taranganba/<$500,000 <$350,000 Yeppoon/ etc. $500,000+ $270 69 $260 58 4710 Emu Park/ Zilzie $295 18 $295 22 4714 SEP 10 Mount Morgan 266 $180 97 15 16$160 19 SEP 10 162 62 22 3 BEDROOM TOWNHOUSES ROCKHAMPTON REGIONAL COUNCIL AREA $295 6 $340 10 141 JUN 10 272 88 13 JUN 10 128 62 25 4703 Cooee Bay/ Rosslyn/ Taranganba/ Yeppoon/ etc. $295 5 n.a. 20 MAR 10 274 101 33 MAR 10 164 72 29 MACKAY REGIOnAl Median house and unit prices FRASER COAST HOUSE SALES MACKAY HOUSE SALES TOOWOOMBA UNIT SALES The Mackay residential property market was impacted by the <$350,000 <$500,000 $500,000+ ROCKHAMPTON UNIT SALES <$350,000 <$500,000 $500,000+ $1m+ discrepancy between buyer and seller expectations over the <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ September quarter. SEP 10 156 51 9 SEP 10 77 148 54 37 The median house price 45 Mackay decreased 0.6 per cent SEP 10 in 26 7 2 SEP 10 23 8 14 44 to $392,500 over the period 182 preliminary sales numbers JUN 10 with 48 15 JUN 10 70 150 51 2 47 holding JUN 10 steady. 47 22 5 2 JUN 10 16 12 10 4 13 Buyers have recognised they 193 the upper hand and are MAR 10 have 80 10 MAR 10 62 183 46 30 movingMAR 10 slowly with43 buying decisions. Many are very any 21 10 1 MAR 10 10 21 12 6 submitting offers well below what a seller will accept. Given this low buyer demand, sellers are becoming more BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALES realistic with their price expectation; however, there often+ <$350,000 COAST UNIT willing to pay and FRASER buyers are SALES remains a gulf between what <$500,000 $500,000+ MACKAY UNIT SALES <$350,000 <$500,000 $500,000+ 000+ TOOWOOMBA LAND means much$500,000+ <$250,000 <$350,000 what sellers will accept. This discrepancy SALES <$500,000 stock is <$250,000 ROCKHAMPTON LAND SALES $500,000+ <$350,000 <$500,000+ 49 left to stagnate on the market.<$350,000 SEP 10 <$250,000 181 42 $350,000+ 8 SEP 10 <$250,000 178 <$350,000 214 $350,000+ 57 SEP 10 20 14 4 6 SEP 10 20 26 9 7 Activity amongst second or third home buyers is the strongest 54 SEP 10 56 144 415 0 9 JUN 10 SEP 10 159 70 198 55 3 0 with many 10 JUN opting to buy and sell in the same market to JUN 10 32 24 10 8 JUN 10 14 12 9 8 upgrade. 58 JUN 10 54 7 2 12 MAR 10 JUN 10 171 67 207 51 4 0 While the recent announcements on mining projects 60 the 166 MAR 10 in MAR 10 13 15 2 5 MAR 10 14 28 8 6 Central Queensland region are generally seen as a positive, the MAR 10 67 32 increased use of fly-in/fly-out workers means the impact of MAR 10 57 32 these additional workers on the Mackay economy is not likely to be as robust as inGLADSTONE HOUSE SALES the past. CAIRNS HOUSE SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALES <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+1m $1m+ decline in the impact of <$350,000 This <$250,000 the mining industry on Mackay, <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ FRASER COAST LAND SALES MACKAY LAND SALES coupledSEP 10 poor results in sugar cane over recent years, with 166 165 55 $350,000++ 44 90 27 SEP 10 means that10<$250,000 20 on the lookout for new$350,000+ to SEP the region is <$350,000 12 6 3industries SEP 10 <$250,000 22 31 <$350,000 21 11 bolster its economy.8 SEP 10 JUN 10 64 53 109 3 0 25 SEP 10 JUN 10 139 68 118 43 13 38 46 The median unit and townhouse price in Mackay decreased JUN 10 28 14 4 3 JUN 10 23 38 19 123 6.7 JUN 10cent over the quarter to $308,000. This result follows per 57 77 3 1 JUN 10 120 15881 40 2 4 an increase10 10.45216 cent over the June19 5 1 due to the MAR MAR 10 91 MAR 10 of per 19 quarter MAR 10 26 59 30 14 higher than usual number of waterfront and new units sold 8 during that time. MAR 10 61 7 2 MAR 10 80 5 0 Agents are reporting an increasing number of first home GLADSTONE UNIT SALES buyers looking at the unit and townhouse market, including CAIRNS UNIT SALESm siblings and friends buying together, due <$500,000 $1m+ BUNDABERG LAND SALES lower $500,000+ <$250,000 <$350,000 to the priced TOWNSVILLE LAND SALES <$250,000 <$350,000 <$500,000 $500,000+0+ stock available for this housing type. <$250,000 <$350,000 $350,000+ <$250,000 <$350,000 $350,000+ Please see page 39 for legend and further notes SEP 10 17 5 4 6 SEP 10 119 56 32 21 Issue 8 - September Quarter 2010 SEP 10 page 27 SEP 10 55 www.reiq.com.au 4 2
  • QUEENSLAND MAR K ET MONITOR MACKAY REGIOnAl Median land prices Median rents The median price of vacant land increased 8 per cent to The median rent for a three-bedroom home increased $20 to $195,000 over the quarter partly due to new residential $380 per week between September last year and September developments in Ooralea and Blacks Beach. this year. The median rent for a two-bedroom unit meanwhile has remained unchanged at $280 per week. The Regional First Home Owners Boost has yet to gain much traction in the region. The cost of developing homes in Mackay Given the current affordability constraints in Mackay, a number is relatively high given they must comply with strict cyclone of would-be homeowners are continuing to rent until they are ratings and therefore they are not considered an affordable in a position to buy. option for most first home buyers. This is part of the reason why Mackay is experiencing a tighter rental market with vacancy rates reaching levels not experienced for more than two years. At 1.3 per cent, Mackay’s rental market is the tightest for regional Queensland north of the Sunshine Coast. With high enquiry levels and a reported undersupply of stock, vacant properties are reportedly taking a minimal time to re-let. MEDIAN SALES DATA MEDIAN SALES DATA Suburb/ Number of Sep change 12 mths to change change Suburb/ Number of Sep change 12 mths to change change Locality Sales Sep Qtr over the end of over over Locality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr Sep 2010 1yr 5yrs Qtr 2010 2010 qtr Sep 2010 1yr 5yrs HOUSES VACANT URBAN LAND continued MACKAY (LGA) 279 $392,500 -0.6% $400,000 3.9% 40.4% RURAL VIEW * 5 $205,000 6.5% $189,000 3.3% 45.4% MACKAY (LGA) ^ ~ 42 $450,000 -9.8% $499,000 6.2% 53.5% SARINA * 4 N/A N/A $170,000 0.0% 146.4% ANDERGROVE 30 $380,000 -1.9% $395,000 3.9% 36.2% WALKERSTON ~ * 5 $207,500 6.4% $195,000 25.8% 65.3% BEACONSFIELD 15 $415,000 N/A $410,000 5.1% 36.7% BLACKS BEACH ~ f 6 N/A N/A $455,000 -3.7% 32.5% BUCASIA ~ 19 $394,000 -12.4% $430,000 9.8% 44.5% EAST MACKAY 16 $403,750 -3.9% $397,500 8.0% 37.1% EIMEO ~ 6 N/A N/A $434,250 -0.2% 33.6% GLENELLA 18 $512,500 -2.4% $525,000 7.7% 35.0% MEDIAN WEEKLY RENTS HAY POINT ^ ~ 6 $385,000 N/A N/A N/A N/A Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Postcode MACKAY 9 $362,000 -4.0% $370,500 1.5% 30.0% Localities Rent New Rent New ($) Bonds ($) Bonds MARIAN ~ * 5 N/A N/A $430,500 10.4% 86.4% MOUNT PLEASANT ~ 9 $390,000 -21.0% $442,750 6.7% 30.2% 3 BEDROOM HOUSES NORTH MACKAY 16 $330,000 -4.3% $338,000 1.7% 39.3% MACKAY REGIONAL COUNCIL AREA $380 373 $360 348 OORALEA ~ 8 $495,000 12.8% $461,000 -1.6% 45.2% 4737 Sarina/ Sarina Beach/ Armstrong Beach $360 42 $350 27 RURAL VIEW 14 $475,750 3.2% $475,000 9.2% 39.7% 4740 Andergrove/ Beaconsfield/ Mackay/ Ooralea/ etc. $380 270 $365 276 SARINA ~ * 9 $330,000 18.7% $304,000 -2.7% 78.8% 4741 Ball Bay/ Eton/ Farleigh/ Pleystowe/ Seaforth/ etc. $335 13 $320 6 SLADE POINT ~ 7 $333,000 -12.9% $371,000 4.4% 42.7% 4750 Bucasia/ Shoal Point $390 24 $380 14 SOUTH MACKAY 23 $369,000 2.1% $365,000 5.5% 40.4% 4751 Greenmount/ Palmyra/ Victoria Plains/ Walkerston $340 6 $350 12 WALKERSTON ~ 8 $425,000 -12.2% $452,500 13.3% 43.7% WEST MACKAY 22 $377,500 -1.9% $375,000 4.2% 38.9% 2 BEDROOM FLATS/UNITS MACKAY REGIONAL COUNCIL AREA $280 281 $280 284 UNITS & TOWNHOUSES 4737 Sarina/ Sarina Beach/ Armstrong Beach $230 19 $210 23 MACKAY (LGA) * f ~ 57 $308,000 -6.7% $315,000 8.6% 61.5% 4740 Andergrove/ Beaconsfield/ Mackay/ Ooralea/ etc. $290 242 $290 247 MACKAY * f 18 $266,250 -31.6% $290,000 5.5% 56.3% 4750 Bucasia/ Shoal Point $265 10 $290 8 NORTH MACKAY ~ * 4 N/A N/A $275,000 -5.2% 58.5% 4751 Greenmount/ Palmyra/ Victoria Plains/ Walkerston $285 5 n.a. 2 SOUTH MACKAY ~ 9 $308,000 N/A $307,000 21.6% 67.8% 3 BEDROOM TOWNHOUSES VACANT URBAN LAND MACKAY REGIONAL COUNCIL AREA $385 32 $390 25 MACKAY (LGA) ~ * 84 $195,000 8.0% $183,000 7.6% 43.9% 4740 Andergrove/ Beaconsfield/ Mackay/ Ooralea/ etc. $395 29 $390 24 MACKAY (LGA) ^ ~ 25 $258,000 2.2% $265,000 -0.9% 65.6% BLACKS BEACH ~ * 10 $225,000 16.6% $189,000 0.0% 26.0% BUCASIA * 6 $171,750 3.5% $165,000 0.0% 27.9% GLENELLA * 3 N/A N/A $240,950 9.6% 57.5% MARIAN ~ * 6 $142,500 -5.0% $149,000 2.8% 74.3% MIRANI * 7 $120,000 N/A $119,000 3.5% N/A NORTH MACKAY * 3 N/A N/A $176,000 N/A N/A OORALEA * 12 $200,000 7.8% $194,500 6.3% N/A Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 28 www.reiq.com.au
  • TOOWOOMBA HOUSE SALES ROCKHAMPTON HOUSE SALES <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+ SEP 10 266 97 16 SEP 10 162 62 22 141 JUN 10 272 88 13 JUN 10 128 62 250 TOWnSVIllE 274 REGIOnAl MAR 10 101 33 MAR 10 164 72 29 Median house and unit prices Median rents The median house price in Townsville dropped 3.9 per cent to FRASER COAST HOUSE SALES The median rent for a two-bedroom unit dropped $5 to $275 MACKAY HOUSE SALES $365,000 over the quarter; however UNIT SALES back of an TOOWOOMBA this is on the per week between September 2010 and September last <$350,000 <$500,000 $500,000+ ROCKHAMPTON UNIT SALES <$350,000 <$500,000 $500,000+ $1m+ annual increase <$250,000 cent<$350,000year <$500,000September of 5 per for the ending $500,000+ year. Conversely, the median rent for a three-bedroom house <$250,000 <$350,000 <$500,000 $500,000+ 2010. Despite a slight easing in the quarterly house median, increased by $10 to $330 per week over the same period. SEP 10 156 51 9 SEP 10 77 148 54 preliminary house sales numbers are up about 10 per cent. 37 SEP 10 45 26 7 2 Residential vacancy rates have eased to 3.4 per cent, with SEP 10 23 8 14 44 REIQ accredited agents in the area are reporting 48 potential JUN 10 182 that 15 lower tenant enquiry levels, and re-letting periods taking up JUN 10 70 150 512 47 buyers are 10 JUN inspecting properties, although 22 many are 47 not 5 2 to four weeks according to local real estate agents. The easing JUN 10 16 12 10 4 committing to the purchase. Agents are also noticing that in vacancy rate can also be attributed to an increase in supply, 13 10 houses that are priced to sell,193 moving reasonably 80 62 183 46 MAR 10 MAR 10 are quickly. thanks to new unit complexes coming onto the market. 30 MAR 10 43 21 10 1 MAR 10 10 21 12 6 Mount Louisa performed well for the quarter with a 6.7 per cent increase to its median price to $429,500. Preliminary sales numbers were also up over the quarter. SALES BUNDABERG HOUSE TOWNSVILLE HOUSE SALES <$350,000 <$500,000 $500,000++ Condon’s median<$350,000 COAST UNIT SALES newer home FRASER price growth, <$500,000 largely driven $500,000+ by MACKAY UNIT SALES000+ TOOWOOMBA LAND SALES sales, experienced a 5.8 per cent increase<$500,000 <$250,000 <$350,000 to $336,000 $500,000+ for the ROCKHAMPTON LAND SALES $500,000+ <$250,000 <$350,000 <$500,000 49 <$250,000 <$350,000 $350,000+ 42 SEP 10 178 <$350,000 214 57 quarter and 4.4 per cent for the181 ending September 2010. 8 SEP 10 year <$250,000 $350,000+ SEP 10 20 14 4 6 SEP 10 20 26 9 7 Investors are said to be taking the ‘sit back and wait’ approach SEP 10 56 50 54 SEP 10 10 JUN 159 70 198 55 3 0 in the hope prices will drop. Conversely, agents41 the area JUN 10 144 in 9 are noticing a slight return of interest from first home 10 8 JUN 10 32 24 buyers JUN 10 14 12 9 8 54 7 re-entering the market having saved up a healthy2deposit after12 JUN 10 58 MAR 10 166 60 JUNMAR 10 10 171 67 207 51 4 0 the mid 2009 ‘Boost-rush’. 15 MAR 10 13 2 5 MAR 10 14 28 8 6 MAR 10 67 32 MAR 10 57 32 The unit and townhouse market suffered a less severe blow than the housing market having only a 0.3 per cent drop to its GLADSTONE HOUSE SALES median price. The median unit price now is $311,000 for the CAIRNS HOUSE SALES <$350,000 upholding SALES BUNDABERG UNIT September quarter, while still <$500,000 a healthy increase, $500,000+ TOWNSVILLE UNIT SALES <$350,000 <$500,000 $500,000+1m $1m+ FRASERcent. <$350,000 SALES <$250,000COAST LAND <$500,000 year to date, up 4.2 per $500,000+ MACKAY <$350,000SALES <$250,000 LAND <$500,000 $500,000+ <$250,000 SEP 10 44 <$350,000 90 27 $350,000+ SEP 10 166 <$250,000 165 <$350,000 55 $350,000+ The onlySEP 10 suburbs to have experienced positive growth for the SEP 10 22 31 21 11 20 12 6 3 September quarter were 53 SEP 10 Hermit Park (4.5 per cent to $256,000) 3 0 SEP 10 68 118 13 3 JUN 10 64 109 and West End (0.9 per cent to $282,500). 25 JUN 10 139 438 46 JUN 10 28 14 4 3 JUN 10 23 38 19 12 Agents in the area are reporting an oversupply 3 1 JUN 10 57 of unit and JUN 10 81 2 4 MAR 10 52 77 19 MAR 10 120 158 40 townhouses with buyers snapping up healthy deals and 91 MAR 10 26 59 30 14 paying a lot lower than the market 19 16 5 1 MAR 10 level. MAR 10 61 7 2 MAR 10 80 5 0 Median land prices The median price of GLADSTONE UNITin Townsville decreased vacant urban land SALES CAIRNS UNIT SALESm BUNDABERG LAND SALES $1m+ per cent to $174,000 over the September quarter. This 7 <$250,000 <$350,000 <$500,000 $500,000+ TOWNSVILLE LAND<$500,000 <$250,000<$350,000 SALES $500,000+ is largely attributed to fewer <$350,000 allotments sold at <$250,000 waterfront $350,000+ <$250,000 <$350,000 $350,000+ Bushland Beach and fewer sales in subdivisions at Rasmussen SEP 10 17 5 4 6 SEP 10 119 56 32 21 – both suburbs experiencing a correction in the0median sale SEP 10 44 2 SEP 10 55 4 2 price, following large increases during the June quarter. 19 JUN 10 9 9 14 5 JUN 10 80 69 30 25 44 4 0 JUN 10 58 12 5 Preliminary sales numbers were also down marginally over the JUN 1000 23 same period for the10 MAR 10 Townsville region. 11 12 3 MAR 10 124 64 31 14 MAR 10 62 11 3 Kelso was the only suburb to have experienced any sign 4 1 MAR 10 52 of positive growth with a 5.2 per cent increase to its median to $149,900 for the quarter and 1.2 per cent for the 12 months ending September this year. The highest increase in GLADSTONE LAND SALES preliminary sales over the year to September was recorded in CAIRNS LAND SALES Mount Low<$250,000 where more allotments in new land estates have $250 000 <$350,000 $350 000 $350,000+ $350 000 <$250,000 $250 000 <$350,000 $350 000 $350,000+ $350 000 been released. SEP 10 57 4 2 SEP 10 53 6 8 JUN 10 81 1 3 JUN 10 56 8 3 Please see page 39 for legend and further notes IssueMAR-10 8 September Quarter 2010 2 32 6 page 29 10 MAR 58 www.reiq.com.au 10 5
  • QUEENSLAND MAR K ET MONITOR TOWnSVIllE CITY MEDIAN SALES DATA MEDIAN SALES DATA Suburb/ Number of Sep change 12 mths to change change Suburb/ Number of Sep change 12 mths to change change Locality Sales Sep Qtr over the end of over over Locality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr” Sep 2010 1yr” 5yrs Qtr 2010 2010 qtr” Sep 2010 1yr” 5yrs HOUSES VACANT URBAN LAND TOWNSVILLE CITY (LGA) 449 $365,000 -3.9% $378,000 5.0% 51.8% TOWNSVILLE CITY (LGA) 61 $161,900 -7.0% $165,000 0.0% 47.3% TOWNSVILLE CITY (LGA) ^ 47 $435,000 -2.7% $436,500 3.9% 52.9% TOWNSVILLE CITY (LGA) ^ * ~ 21 $235,000 2.7% $222,500 8.5% 134.2% AITKENVALE 11 $357,000 4.7% $343,750 4.3% 53.5% ALICE RIVER ^ * 3 N/A N/A $220,000 10.0% 144.4% ALICE RIVER ^ ~ 6 $517,500 13.7% $490,500 5.5% 63.5% BOHLE PLAINS * 4 N/A N/A $175,000 4.2% N/A ALLIGATOR CREEK ^ 5 $530,000 8.2% $516,500 N/A 84.5% BURDELL * 2 N/A N/A $210,500 18.6% 214.2% ANNANDALE 24 $452,500 -3.7% $467,500 5.3% 39.1% BUSHLAND BEACH ~ * f 12 $156,000 -20.1% $155,000 2.0% 56.6% BLACK RIVER ^ 4 N/A N/A $439,500 N/A 75.8% DOUGLAS 2 N/A N/A $195,000 7.6% 50.1% BLUEWATER PARK ^ 4 N/A N/A $413,000 N/A 58.8% IDALIA * 2 N/A N/A $268,900 9.8% 99.2% BOHLE PLAINS 9 $455,000 -3.2% $470,000 6.8% N/A KELSO * 11 $149,900 5.2% $148,000 1.2% 65.4% BURDELL * 13 $385,000 13.9% $385,000 9.7% N/A MOUNT LOUISA 6 $169,000 -9.1% $170,000 3.0% 41.7% BUSHLAND BEACH 24 $398,000 -0.3% $425,000 3.4% 38.7% MOUNT LOW * 2 N/A N/A $159,000 N/A N/A CONDON 20 $336,000 5.8% $337,000 4.4% 45.9% RASMUSSEN ~ * 5 $124,900 -12.7% $140,750 N/A N/A CRANBROOK 15 $311,500 -2.7% $333,500 5.9% 52.7% CURRAJONG 4 N/A N/A $314,000 1.3% 42.7% DEERAGUN ~ * 10 $345,000 -1.8% $350,000 4.5% 95.5% DOUGLAS 18 $414,000 -0.2% $425,000 4.9% 48.6% GULLIVER ~ 7 $287,500 1.1% $289,000 -5.2% 44.5% MEDIAN WEEKLY RENTS HEATLEY ~ 9 $300,000 -6.0% $300,000 -1.2% 38.9% Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Postcode HERMIT PARK 20 $319,750 N/A $374,000 2.5% 38.5% Localities Rent New Rent New ($) Bonds ($) Bonds HYDE PARK 6 N/A N/A $377,000 2.0% 52.9% IDALIA ~ 15 $455,000 -6.7% $487,500 4.3% 43.4% 3 BEDROOM HOUSES KELSO ^ 7 $505,000 N/A $440,000 0.0% 46.7% TOWNSVILLE CITY COUNCIL AREA $330 675 $320 664 KELSO ~ * 23 $370,000 15.4% $320,000 0.0% 64.1% 4810 Belgian Gardens/ Castle Hill/ Townsville City/ etc. $350 67 $345 71 KIRWAN ~ 64 $367,500 -5.8% $385,000 4.1% 42.6% 4811 Cluden/ Idalia/ Oak Valley/ Stuart/ Wulguru/ etc. $325 26 $300 24 MOUNT LOUISA 36 $429,500 6.7% $400,000 1.3% 44.7% 4812 Currajong/ Gulliver/ Mundingburra/ Rosslea/ etc. $330 78 $320 70 MOUNT LOW * 9 $412,000 N/A $405,000 N/A N/A 4814 Aitkenvale/ Cranbrook/ Douglas/ Mt Louisa/ etc. $330 212 $320 193 MOUNT LOW ^ 4 N/A N/A $425,000 N/A 59.9% 4815 Condon/ Kelso/ Pinnacles/ Rasmussen/ etc. $305 110 $315 89 MUNDINGBURRA 5 N/A N/A $372,500 4.9% 46.1% 4816 Balgal Beach/ Paluma/ Rollingstone/ etc. $280 13 $275 13 NORTH WARD 5 N/A N/A $585,000 N/A 23.3% 4817 Alice River/ Kirwan/ Thuringowa Central/ etc. $345 91 $330 113 PIMLICO ~ 2 N/A N/A $330,000 -3.8% 28.4% 4818 Black River/ Bushland Bch/ Deeragun/ Mt Low/ etc. $330 65 $320 76 RAILWAY ESTATE 5 N/A N/A $365,000 10.6% 42.7% 4819 Horseshoe Bay/ Nelly Bay/ Picnic Bay/ etc. $300 13 $300 15 RASMUSSEN ~ 9 $280,000 N/A $297,250 -2.5% 42.9% SOUTH TOWNSVILLE 7 $395,000 N/A N/A N/A N/A 2 BEDROOM FLATS/UNITS THURINGOWA CENTRAL 8 $364,000 -4.2% $345,000 6.2% 43.8% TOWNSVILLE CITY COUNCIL AREA $275 753 $280 785 VINCENT ~ 5 N/A N/A $285,000 -4.7% 39.0% 4810 Belgian Gardens/ Castle Hill/ Townsville City/ etc. $300 395 $300 421 WEST END 11 $380,000 -2.6% $390,000 9.9% 65.3% 4811 Cluden/ Idalia/ Oak Valley/ Stuart/ Wulguru/ etc. $335 25 $320 47 WULGURU ~ 18 $312,500 -5.3% $322,000 0.6% 49.8% 4812 Currajong/ Gulliver/ Mundingburra/ Rosslea/ etc. $250 195 $250 183 4814 Aitkenvale/ Cranbrook/ Douglas/ Mt Louisa/ etc. $260 78 $250 67 UNITS & TOWNHOUSES 4815 Condon/ Kelso/ Pinnacles/ Rasmussen/ etc. $220 12 $220 7 TOWNSVILLE CITY (LGA) 85 $311,000 -0.3% $321,000 4.2% 55.1% 4817 Alice River/ Kirwan/ Thuringowa Central/ etc. $300 33 $280 44 DOUGLAS * f 2 N/A N/A $312,000 0.0% -1.5% 4819 Horseshoe Bay/ Nelly Bay/ Picnic Bay/ etc. $250 11 $210 15 HERMIT PARK 10 $256,000 4.5% $237,500 3.3% 44.4% KIRWAN 1 N/A N/A $307,500 9.9% 64.4% 2 BEDROOM TOWNHOUSES NELLY BAY * f 5 N/A N/A $545,000 16.0% 10.1% TOWNSVILLE CITY COUNCIL AREA $265 42 $260 41 NORTH WARD ~ * 26 $342,500 -6.9% $368,000 1.2% 56.9% 4810 Belgian Gardens/ Castle Hill/ Townsville City/ etc. $295 17 $270 11 ROSSLEA ~ * 2 N/A N/A $350,000 34.6% 97.7% 4812 Currajong/ Gulliver/ Mundingburra/ Rosslea/ etc. $260 16 $265 18 SOUTH TOWNSVILLE * 3 N/A N/A $373,000 11.3% 28.6% 4814 Aitkenvale/ Cranbrook/ Douglas/ Mt Louisa/ etc. $260 6 $260 10 TOWNSVILLE CITY * f 6 N/A N/A $568,457 23.6% 67.2% WEST END * 8 $282,500 0.9% $290,000 -5.7% 71.1% Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 30 www.reiq.com.au
  • FRASER COAST UNIT SALES MACKAY UNIT SALES$500,000+ <$350,000 <$500,000 <$350,000 <$500,000 $500,000+00+ <$250,000 <$350,000 <$500,000 $500,000+ <$250,000 <$350,000 <$500,000 $500,000+ TOOWOOMBA LAND SALES ROCKHAMPTON LAND SALES490,000+ SEP 10 <$250,000 181<$350,000 42 $350,000+ 8 SEP 10 178 214 57 20 14 4 6 <$250,000 <$350,000 $350,000+ SEP 10 SEP 10 20 26 9 7 144 56 509 SEP 10 159 54 JUN 10 41 JUN 10 SEP 10 70 198 55 3 0 JUN 10 32 24 10 8 JUN 10 14 12 9 8 58 JUN 10 54 7 2 12 MAR 10 JUN 10 171 67 207 51 4 0 MAR 10 166 60 CAIRnS REGIOnAl MAR 10 13 15 2 5 MAR 10 14 28 8 6 MAR 10 67 32 MAR 10 57 32 Median house and unit prices GLADSTONE HOUSE SALES CAIRNS HOUSE SALES BUNDABERG UNIT SALES The Cairns residential property market experienced a median TOWNSVILLE UNIT SALES <$350,000 <$500,000 $500,000+ <$350,000 <$500,000 $500,000+ $500,000+m $1m+house price increase over the September<$500,000 as well as a <$250,000 quarter <$250,000 <$350,000 <$500,000 FRASER COAST LAND SALES $500,000+ <$350,000 MACKAY LAND SALES rise in preliminary sales numbers.0,000+ SEP 10 <$250,000 44 90 <$350,000 27 $350,000+ SEP 10 166 <$250,000 165 <$350,000 55$350,000+ SEP 10 20 12 6 3 SEP 10 22 31 21 11 Its median house price increased 1.7 per cent to $364,000 12 8 while sales10 SEP numbers were also53 about 20 per cent over the up 3 0 SEP 10 68 13 3 JUN 10 64 109 25 JUN 10 139 118 43 46 period.JUN 10 28 14 4 3 JUN 10 23 38 19 12 27 3 The sound10 JUN result was possibly due to some astute buyers 57 3 1 JUN 10 81 2 4 MAR 10 52 77 19 MAR 10 120 158 40 91 recognising that the market was at, or near, the bottom of the MAR 10 16 19 5 1 MAR 10 26 59 30 14 17 8 cycle. MAR 10 61 7 2 MAR 10 80 5 0 While these results were a positive for the region, agents reported that the quarter was the second consecutive period GLADSTONE UNIT SALES of flat market conditions. CAIRNS UNIT SALES $1m+ BUNDABERG LAND SALES <$250,000 <$350,000 <$500,000 $500,000+ TOWNSVILLE <$250,000 <$350,000 LAND SALES <$500,000 $500,000+ The high Australian dollar meant domestic and international <$250,000 <$350,000 $350,000+00,000+ <$250,000 <$350,000 $350,000+ tourist numbers to Cairns were down, which in turn has SEP 10 17 5 4 6 SEP 10 119 56 32 21 impacted the local economy. SEP 10 55 4 2 SEP 10 44 0 219 While first10 home buyers and investors continued to be scarce, 80 69 30 25 JUN 9 9 14 5 JUN 10 solid activity was recorded in the upper end of the market JUN 10 44 4 0 JUN 10 58 12 5 particularly for properties priced between $600,000 and 23 $700,000. 10 MAR 10 11 12 3 MAR 10 124 64 31 14 MAR 10 52 4 1 MAR 10 62 11 3 First home buyers continued to be hampered by a recent trend of bank valuations coming in lower than the contract price. Agents are hopeful that the first three months of 2011, which GLADSTONE LAND SALES are traditionally the strongest period for the region, will see CAIRNS LAND SALES0 0000,000+ better market conditions all round. $350 000 <$250,000 $250 000 <$350,000 $350,000+ $350 000 <$250,000 $250 000 <$350,000 $350 000 $350,000+ $350 000 Tiger Airways and Jetstar have all announced increased flights SEP 10 57 4 2 SEP 10 53 6 8 into Cairns from next year which bodes well for the region as long as the Australian dollar returns to its historical lower value against the10 JUN greenback. 81 1 3 JUN 10 56 8 3 The Cairns median unit and townhouse price decreased 14.5 MAR 10 32 6 2 per cent over the period to $243,750 however this figure was MAR 10 58 10 5 impacted by the varying quality of stock, including waterfront properties, which sold during the June quarter. This varying quality of stock sold is further evidenced by the unit median The $4,000 Regional First Owners Grant has yet to make any increasing 17.3 per cent over June. difference to demand from first home buyers. First home buyers are continuing to look at the unit and townhouse market as an affordable housing option however Median rents there remains a distinct lack of competition between investors and first homebuyers in this market which is keeping prices The median rent for a three-bedroom house in Cairns subdued. remained flat at $300 per week over the year to September. The median rent for two-bedroom unit was also stable at $250 per week over the same period. Median land prices The Cairns rental market has also experienced tightening The median price of land in Cairns increased 5.9 per cent to conditions with vacancy levels decreasing to 4.4 per cent – $169,500 over the September quarter and preliminary numbers down from 5.2 per cent in March this year. While the market held steady at 67 sales. has appeared to tighten slightly, an oversupply of unit stock is Gordon Vale and Trinity Park continue to lead the way with keeping levels above 3 per cent. increased sales over the quarter. Some waterfront lots along Brindabella Quay and Harbour Drive in Trinity Park saw the median price increase 8.3 per cent over the quarter. Land in this canal precinct was first released in 2004, masking the growth in the median land price over the past five years. Please see page 39 for legend and further notes Issue 8 - September Quarter 2010 page 31 www.reiq.com.au
  • QUEENSLAND MAR K ET MONITOR CAIRnS REGIOnAl MEDIAN SALES DATA MEDIAN WEEKLY RENTS Suburb/ Number of Sep change 12 mths to change change Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Postcode Locality Sales Sep Qtr over the end of over over Localities Rent New Rent New Qtr 2010 2010 qtr Sep 2010 1yr 5yrs ($) Bonds ($) Bonds HOUSES 3 BEDROOM HOUSES CAIRNS (LGA) 386 $364,000 1.7% $370,000 4.2% 36.0% CAIRNS REGIONAL COUNCIL AREA $300 552 $300 567 CAIRNS (LGA) ^ ~ 22 $607,500 -13.8% $595,000 4.8% 35.2% 4865 Goldsborough/ Gordonvale/ Green Hill/ etc. $260 17 $280 17 BAYVIEW HEIGHTS ~ 15 $356,500 8.0% $355,750 2.4% 31.8% 4868 Bayview Heights/ Mount Sheridan/ White Rock/ etc. $300 96 $300 106 BENTLEY PARK ~ 14 $327,000 -7.8% $343,000 3.9% 34.5% 4869 Bentley Park/ Edmonton/ Mt Peter/ etc. $285 85 $285 79 BRINSMEAD 24 $393,000 -1.4% $406,000 2.8% 20.1% 4870 Cairns & suburbs of Cairns $320 169 $320 167 CARAVONICA ~ 5 N/A N/A $338,500 -0.1% 41.0% 4873 Mossman/ Cooya Beach/ Cow Bay/ Miallo/ etc $290 22 $270 29 CLIFTON BEACH 6 N/A N/A $490,000 3.2% 22.5% 4877 Port Douglas/ Craiglie/ Mowbray/ Oak Beach $320 14 $380 19 EARLVILLE ~ 12 $279,000 N/A $315,000 -3.2% 16.7% 4878 Caravonica/ Holloways Beach/ Machans Bch/ etc. $310 51 $310 39 EDGE HILL ~ 6 N/A N/A $488,500 17.0% 44.7% 4879 Clifton Beach/ Kewarra Beach/ Palm Cove/ etc. $320 94 $310 76 EDMONTON ~ * 17 $325,000 -0.8% $333,500 -0.4% 39.0% FRESHWATER ~ 8 $510,000 N/A $470,000 N/A 26.6% 2 BEDROOM FLATS/UNITS GORDONVALE 11 $283,000 3.9% $306,000 2.2% 45.7% CAIRNS REGIONAL COUNCIL AREA $250 1,173 $250 1,136 HOLLOWAYS BEACH ~ * 10 $362,500 N/A $344,000 -9.5% 17.6% 4865 Goldsborough/ Gordonvale/ Green Hill/ etc. $190 7 n.a. 4 KANIMBLA ~ 12 $472,500 N/A $463,500 11.4% 27.9% 4868 Bayview Heights/ Mount Sheridan/ White Rock/ etc. $220 87 $220 90 KEWARRA BEACH ~ f 19 $420,000 12.0% $405,000 1.9% 39.7% 4869 Bentley Park/ Edmonton/ Mt Peter/ etc. $200 18 $200 16 MANOORA 6 N/A N/A $300,000 5.3% 42.9% 4870 Cairns & suburbs of Cairns $250 702 $250 671 MANUNDA ~ 9 $305,000 7.0% $305,000 -5.3% 33.8% 4873 Mossman/ Cooya Beach/ Cow Bay/ Miallo/ etc $180 14 $170 14 MOOROOBOOL ~ 18 $332,500 -20.4% $367,000 12.6% 39.0% 4877 Port Douglas/ Craiglie/ Mowbray/ Oak Beach $270 97 $280 96 MOUNT SHERIDAN ~ 34 $319,000 -7.5% $350,000 4.5% 33.6% 4878 Caravonica/ Holloways Beach/ Machans Bch/ etc. $265 87 $240 100 PARRAMATTA PARK ~ 8 $357,500 -5.5% $380,000 0.0% 26.7% 4879 Clifton Beach/ Kewarra Beach/ Palm Cove/ etc. $250 161 $260 122 REDLYNCH 25 $446,000 7.5% $430,000 4.9% 32.3% REDLYNCH ^ ~ 4 N/A N/A $800,000 N/A N/A 3 BEDROOM TOWNHOUSES SMITHFIELD ~ * 17 $360,000 N/A $369,000 -2.8% 44.7% CAIRNS REGIONAL COUNCIL AREA $230 163 $220 98 TRINITY BEACH ~ * 15 $370,000 1.4% $385,000 -7.8% 28.3% 4868 Bayview Heights/ Mount Sheridan/ White Rock/ etc. $220 19 $220 12 TRINITY PARK + * 13 $375,000 N/A $390,000 0.0% N/A 4869 Bentley Park/ Edmonton/ Mt Peter/ etc. $220 13 $220 5 WHITE ROCK ~ g 9 $255,000 -7.4% $281,300 0.5% 34.6% 4870 Cairns & suburbs of Cairns $220 62 $220 42 WHITFIELD 13 $420,000 1.2% $431,250 4.5% 31.8% 4877 Port Douglas/ Craiglie/ Mowbray/ Oak Beach $260 19 $270 9 WOREE ~ 9 $292,500 N/A $337,500 16.8% 57.0% 4878 Caravonica/ Holloways Beach/ Machans Bch/ etc. $230 34 $220 18 4879 Clifton Beach/ Kewarra Beach/ Palm Cove/ etc. $250 15 $220 10 UNITS & TOWNHOUSES CAIRNS (LGA) ~ * f 228 $243,750 -14.5% $265,000 8.2% 43.2% CAIRNS CITY * f 18 $475,000 17.7% $448,000 5.6% 37.4% CAIRNS NORTH * f 23 $280,000 -2.1% $320,000 18.5% 56.1% CLIFTON BEACH * f 5 N/A N/A $297,000 -2.6% N/A EARLVILLE * 16 $275,000 N/A $263,500 31.8% 92.3% EDGE HILL ~ 10 $224,000 N/A $215,000 4.9% 66.7% MANOORA ~ 14 $180,000 -7.7% $195,000 0.0% 41.3% MANUNDA 14 $190,000 N/A $193,750 4.7% 55.0% MOOROOBOOL * 4 N/A N/A $195,000 -24.4% 23.2% PALM COVE ~ * f 11 $450,000 23.3% $352,500 -2.1% -7.9% PARRAMATTA PARK ~ 7 $230,000 -21.4% $257,500 0.4% 14.7% PORT DOUGLAS * f 11 $300,000 3.4% $334,750 6.3% 9.8% TRINITY BEACH * f 12 $272,500 -6.0% $296,000 -4.5% 33.0% WESTCOURT * 5 N/A N/A $320,400 2.1% 118.0% WOREE 3 N/A N/A $170,500 10.0% 22.2% YORKEYS KNOB 11 $235,000 N/A $235,000 10.8% 23.7% VACANT URBAN LAND CAIRNS (LGA) * 67 $169,500 5.9% $169,000 2.4% 53.6% CAIRNS (LGA) ^ ~ 11 N/A N/A $275,000 22.2% 175.0% BENTLEY PARK * 6 $152,000 11.4% $148,250 2.2% 80.8% EDMONTON 1 N/A N/A $131,000 6.9% 44.8% GORDONVALE * 15 $125,000 -1.0% $122,000 15.1% N/A MOUNT SHERIDAN * 2 N/A N/A $200,000 22.7% 102.0% PALM COVE ~ * 2 N/A N/A $175,000 -5.4% 7.0% REDLYNCH * 5 $180,000 9.1% $175,000 2.9% 40.0% SMITHFIELD * 3 N/A N/A $194,000 N/A N/A TRINITY BEACH * 5 $165,000 N/A $174,000 -5.9% N/A TRINITY PARK * f 12 $195,000 8.3% $170,000 0.0% -51.2% Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 32 www.reiq.com.au
  • OTHER REGIOnAl AREAS Median house and unit prices The Whitsundays continues to be the dominant location for units and townhouses in regional Queensland with 31 The resources industry is continuing to influence demand for preliminary sales recorded over the quarter. Its median unit and residential property in regional Queensland. townhouse price is now $305,000. The highest number of preliminary house sales over the September quarter was in the Central Highlands local Median land prices government area where 73 sales were recorded. Sales in The highest number of preliminary land sales was in the Emerald specifically accounted for 47 of these sales with its Whitsunday region with 35 sales recorded. Its median land median house price now $347,000. For the Western Downs, price is $149,000. Cannonvale and Bowen each recorded 12 demand for houses in Dalby is continuing with median house preliminary land sales over the period. price up 10.1 per cent over the quarter to $295,000. Next was the Central Highlands with 23 followed by the Gympie’s affordability, coupled with its location just north of Southern Downs with 22 preliminary land sales. The median the Sunshine Coast, is contributing to its popularity with 61 land price in these locations is now $130,000 and $95,000 preliminary house sales recorded over the period. Its median respectively. The Southern Downs median land price makes it house price is $290,000. one of the most affordable regional centres in Queensland. MEDIAN SALES DATA MEDIAN SALES DATA Suburb/ Number of Sep change 12 mths to change change Suburb/ Number of Sep change 12 mths to change change Locality Sales Sep Qtr over the end of over over Locality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr Sep 2010 1yr 5yrs Qtr 2010 2010 qtr Sep 2010 1yr 5yrs HOUSES HOUSES continued BALONNE (LGA) ~ 6 N/A N/A $125,000 -21.9% 4.2% ISAAC (LGA) 46 $437,500 2.9% $425,000 3.7% 77.1% CLERMONT 8 $257,500 N/A $295,000 5.4% 227.8% BANANA (LGA) 10 N/A N/A $270,000 1.9% 86.9% DYSART ~ 6 N/A N/A $411,500 -2.0% 291.9% BANANA (LGA) ^ 4 N/A N/A $419,000 6.1% 82.2% MORANBAH 30 $479,000 4.1% $450,000 2.3% 66.7% BILOELA ~ 7 $290,000 30.0% $285,000 -0.7% 71.7% LOCKYER VALLEY (LGA) 20 $277,500 -3.9% $270,000 1.1% 50.0% BARCALDINE (LGA) ~ 9 N/A N/A $180,000 14.3% 453.8% LOCKYER VALLEY (LGA) ^ 56 $356,250 5.4% $360,000 9.1% 46.9% ADARE ^ 5 $327,000 N/A N/A N/A N/A BURDEKIN (LGA)~ 22 $235,000 -7.0% $240,000 4.3% 108.7% GATTON 9 $281,000 -2.7% $288,750 3.1% 45.8% AYR 13 $250,000 -0.9% $250,000 2.0% 100.0% KENSINGTON GROVE ^ ~ 4 N/A N/A $392,500 12.9% N/A LAIDLEY ~ 7 $262,500 -11.0% $248,000 -0.8% 41.7% CASSOWARY COAST (LGA) ~ 28 $240,000 -13.8% $268,750 4.2% 68.0% LAIDLEY HEIGHTS ^ ~ 4 N/A N/A $340,000 14.5% 47.8% CASSOWARY COAST (LGA) ^ 11 N/A N/A $342,500 -7.4% 45.7% PLAINLAND ^ ~ 3 N/A N/A $374,500 17.8% 62.8% REGENCY DOWNS ^ 11 $316,000 2.6% $335,000 4.0% 55.8% CENTRAL HIGHLANDS (LGA) ~ 73 $323,000 -6.4% $338,000 2.4% 53.6% CENTRAL HIGHLANDS (LGA) ^ 7 N/A N/A $450,000 5.9% 36.4% LONGREACH (LGA) 9 N/A N/A $255,000 15.9% 117.9% BLACKWATER 19 $315,000 3.8% $305,000 8.9% 64.9% LONGREACH ~ 9 $355,000 59.9% $260,000 18.2% 109.7% EMERALD ~ 47 $347,000 -5.1% $375,000 3.3% 40.4% EMERALD ^ 3 N/A N/A $547,500 2.3% 35.2% MARANOA (LGA) ~ 20 $238,500 -17.2% $260,000 8.9% 105.9% MARANOA (LGA) ^ 1 N/A N/A $290,000 N/A 80.1% CHARTERS TOWERS (LGA) ~ 18 $190,000 20.6% $199,000 -9.5% 76.9% ROMA 14 $292,500 -2.5% $284,000 11.4% 95.9% CHARTERS TOWERS (LGA) ^ 9 N/A N/A $368,750 -1.7% 100.4% QUEENTON ~ 6 N/A N/A $198,750 -13.6% 109.2% MOUNT ISA CITY (LGA) ~ 49 $340,000 -8.1% $348,000 5.5% 135.0% HEALY ~ 7 $370,000 -11.2% $380,000 4.8% 81.8% GOONDIWINDI (LGA) 15 $253,500 N/A $245,000 1.2% 41.2% MORNINGTON 10 $340,000 N/A $323,750 4.4% N/A GOONDIWINDI ~ 12 $270,000 N/A $266,500 -6.5% 33.3% PARKSIDE 5 N/A N/A $340,000 15.6% N/A SOLDIERS HILL 7 $320,000 N/A $343,500 8.2% 123.1% GYMPIE (LGA) 61 $290,000 0.3% $290,000 4.3% 38.1% SUNSET 7 $340,000 N/A $337,000 5.5% 92.6% GYMPIE (LGA) ^ 49 $345,000 -1.8% $362,000 2.7% 36.6% TOWNVIEW 4 N/A N/A $342,500 2.9% 104.5% COOLOOLA COVE ~ 3 N/A N/A $302,000 -4.9% 37.3% CURRA ^ ~ 5 $335,000 6.9% $310,750 13.8% 59.4% MURWEH (LGA) 11 N/A N/A $153,000 9.3% 106.8% GYMPIE ~ 25 $265,000 -6.2% $270,000 2.9% 39.9% CHARLEVILLE ~ 9 $166,000 N/A $166,000 10.7% 112.8% MONKLAND 3 N/A N/A $270,999 9.1% 44.9% SOUTHSIDE 18 $329,500 0.2% $335,000 1.5% 33.5% NORTH BURNETT (LGA) ~ 10 N/A N/A $160,000 -4.8% 70.2% THE PALMS ^ 7 $345,000 N/A $370,000 N/A 62.6% NORTH BURNETT (LGA) ^ 10 N/A N/A $242,500 N/A 79.6% TIN CAN BAY 3 N/A N/A $316,500 5.5% 11.1% GAYNDAH 4 N/A N/A $175,000 2.9% 42.9% HINCHINBROOK (LGA) 8 N/A N/A $262,750 8.6% 92.8% INGHAM 4 N/A N/A $235,000 4.4% 95.8% Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 33 www.reiq.com.au
  • QUEENSLAND MAR K ET MONITOR OTHER REGIOnAl AREAS MEDIAN SALES DATA MEDIAN SALES DATA Suburb/ Number of Sep change 12 mths to change change Suburb/ Number of Sep change 12 mths to change change Locality Sales Sep Qtr over the end of over over Locality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr Sep 2010 1yr 5yrs Qtr 2010 2010 qtr Sep 2010 1yr 5yrs HOUSES UNITS & TOWNHOUSES SCENIC RIM (LGA) 47 $375,000 -1.0% $373,250 6.6% 40.8% CASSOWARY COAST (LGA) 4 N/A N/A $315,000 23.5% 56.7% SCENIC RIM (LGA) ^ ~ 29 $456,500 -13.9% $510,000 15.6% 41.7% BEAUDESERT ~ 13 $295,000 -13.2% $327,500 9.2% 45.6% CENTRAL HIGHLANDS (LGA) 16 $322,500 N/A $287,500 4.5% 47.4% BOONAH 4 N/A N/A $277,500 -1.4% 48.2% EMERALD 16 $322,500 N/A $287,500 2.7% 47.4% KOORALBYN ^ 4 N/A N/A $340,000 3.8% 58.1% TAMBORINE ^ ~ 8 $617,500 31.8% $576,000 21.3% 52.6% GYMPIE (LGA) 4 N/A N/A $271,219 0.4% 19.0% TAMBORINE MOUNTAIN 21 $465,000 12.0% $445,000 0.0% 29.0% TAMBORINE MOUNTAIN ^ 2 N/A N/A $760,000 N/A 42.1% SCENIC RIM (LGA) - ~ * 9 N/A N/A $252,000 34.8% 101.6% SOMERSET (LGA) ~ 30 $254,500 -5.7% $272,500 7.4% 64.2% SOUTH BURNETT (LGA) ~ * 3 N/A N/A $162,500 -12.4% 0.9% SOMERSET (LGA) ^ ~ 41 $370,000 -11.9% $385,000 9.7% 48.1% KINGAROY ~ 1 N/A N/A $165,000 -8.3% N/A FERNVALE ^ ~ 5 $352,500 -19.9% $412,750 N/A 54.0% LOWOOD ^ ~ 6 $352,500 11.9% $325,000 7.6% 29.0% TABLELANDS (LGA) 5 N/A N/A $295,000 47.5% 68.1% TOOGOOLAWAH ~ 8 $170,000 N/A $213,250 11.1% 42.2% WEIPA TOWN (LGA) * 3 N/A N/A $165,000 10.2% N/A SOUTH BURNETT (LGA) ~ 49 $237,000 -5.6% $235,000 2.8% 43.3% SOUTH BURNETT (LGA) ^ ~ 31 $270,000 -13.2% $280,000 1.8% 60.0% WESTERN DOWNS (LGA) * 3 N/A N/A $288,000 -3.7% N/A KINGAROY 18 $271,000 -3.2% $274,500 8.6% 46.0% KINGAROY ^ 4 N/A N/A $410,000 0.0% 54.7% WHITSUNDAY (LGA) * f 31 $305,000 -12.1% $345,000 6.2% 16.7% MURGON ~ 9 $159,000 15.6% $155,000 -11.9% 29.2% AIRLIE BEACH * 3 N/A N/A $425,000 2.9% 2.5% NANANGO 10 $220,000 N/A $225,000 6.6% 53.1% BOWEN * 3 N/A N/A $310,000 -14.1% -22.5% NANANGO ^ 3 N/A N/A $247,500 0.0% 59.7% CANNONVALE * f 20 $300,000 -15.5% $345,000 17.5% 35.3% WONDAI ~ 7 $170,000 N/A $200,000 -8.0% 42.9% SOUTHERN DOWNS (LGA) 60 $247,000 1.9% $240,000 4.3% 45.5% VACANT URBAN LAND SOUTHERN DOWNS (LGA) ^ ~ 21 $335,000 13.6% $322,500 -5.8% 45.0% BANANA (LGA) * 6 $131,500 N/A $134,000 N/A 235.0% STANTHORPE ~ 12 $253,000 -14.2% $249,000 14.2% 55.6% BILOELA * 6 $131,500 N/A $131,500 N/A 73.0% WARWICK 38 $238,000 1.3% $242,500 1.0% 40.2% KIANGA * 0 N/A N/A $134,000 N/A N/A TABLELANDS (LGA) 40 $300,000 3.4% $290,000 1.8% 70.6% BARCALDINE (LGA) 3 N/A N/A $77,750 N/A N/A TABLELANDS (LGA) ^ ~ 29 $390,000 -7.5% $410,000 2.5% 58.3% ALPHA 0 N/A N/A $121,000 N/A N/A ATHERTON ~ 13 $355,000 10.9% $320,000 -5.9% 56.1% KURANDA ^ 5 $390,000 N/A $465,000 -1.1% 42.2% BURDEKIN (LGA) ~ 4 N/A N/A $124,000 -4.6% 275.8% MAREEBA ~ 12 $268,750 -7.3% $285,000 14.0% 83.9% MAREEBA ^ 3 N/A N/A $467,500 N/A 76.4% CASSOWARY COAST (LGA) 19 $135,000 N/A $135,000 10.2% 26.2% CASSOWARY COAST (LGA) ^ 10 N/A N/A $170,000 31.3% 132.9% WEIPA TOWN (LGA) 3 N/A N/A $356,486 1.9% N/A WONGALING BEACH 6 $152,000 N/A N/A N/A N/A WESTERN DOWNS (LGA) 46 $255,000 -4.0% $266,000 9.6% 83.8% CENTRAL HIGHLANDS (LGA) * 23 $130,000 -5.5% $125,000 13.6% 104.9% WESTERN DOWNS (LGA) ^ 15 $389,000 9.6% $356,250 11.3% 163.9% CENTRAL HIGHLANDS (LGA) ^ 10 N/A N/A $200,000 N/A 53.8% CHINCHILLA 19 $285,000 0.0% $285,000 7.5% 83.3% BLACKWATER * 8 $128,000 N/A $110,250 12.5% 150.6% CHINCHILLA ^ 4 N/A N/A $385,000 N/A 75.0% EMERALD * G 9 $145,000 5.1% $130,000 6.6% 32.7% DALBY ~ 15 $295,000 10.1% $285,000 11.8% 78.1% EMERALD ^ * 5 $200,000 -17.4% $225,000 N/A 50.0% DALBY ^ ~ 3 N/A N/A $451,000 13.5% 58.8% MILES 2 N/A N/A $250,000 7.5% 177.8% CHARTERS TOWERS (LGA) ^ 6 N/A N/A $145,000 16.0% 199.0% TARA ^ 2 N/A N/A $131,000 N/A 181.9% GOONDIWINDI (LGA) 4 N/A N/A $80,000 6.7% 40.4% WHITSUNDAY (LGA) ~ 55 $365,000 0.4% $369,500 -5.3% 55.9% WHITSUNDAY (LGA) ^ ~ 9 N/A N/A $492,500 -0.5% 60.2% GYMPIE (LGA) ~ * 15 $108,000 -18.2% $125,000 3.1% 43.7% BOWEN 20 $364,000 4.0% $350,000 0.4% 66.7% GYMPIE (LGA) ^ ~ 29 $126,000 -4.8% $146,250 4.5% 35.4% CANNONVALE ~ 12 $440,000 -1.7% $450,000 -3.9% 18.4% COOLOOLA COVE 1 N/A N/A $130,000 3.2% 41.3% COLLINSVILLE 7 $185,000 N/A $185,000 N/A 138.7% CURRA ^ * 7 $108,000 -6.9% $114,000 -0.8% 49.0% PROSERPINE ~ 4 N/A N/A $359,000 11.3% 79.5% GYMPIE * 5 $117,000 N/A $120,000 13.7% 53.4% JONES HILL * 0 N/A N/A $133,000 N/A N/A SOUTHSIDE 0 N/A N/A $122,000 -0.2% 43.1% TIN CAN BAY * f 1 N/A N/A $132,000 N/A -1.9% HINCHINBROOK (LGA) 5 N/A N/A $93,000 3.3% 45.3% FORREST BEACH 4 N/A N/A $90,000 1.1% N/A Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 34 www.reiq.com.au
  • OTHER REGIOnAl AREAS MEDIAN SALES DATA MEDIAN SALES DATA Suburb/ Number of Sep change 12 mths to change change Suburb/ Number of Sep change 12 mths to change change Locality Sales Sep Qtr over the end of over over Locality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr Sep 2010 1yr 5yrs Qtr 2010 2010 qtr Sep 2010 1yr 5yrs VACANT URBAN LAND continued VACANT URBAN LAND continued ISAAC (LGA) G 10 N/A N/A $120,500 0.7% 282.5% WHITSUNDAY (LGA) ~ * 35 $149,000 -3.9% $156,500 -1.9% 25.2% MORANBAH G 5 $227,500 N/A $124,750 4.1% 296.0% WHITSUNDAY (LGA) ^ 7 N/A N/A $246,000 -6.3% 49.3% BOWEN ~ * 12 $157,500 -12.5% $165,000 13.8% 46.7% LOCKYER VALLEY (LGA) 12 N/A N/A $124,000 6.9% 85.1% CANNON VALLEY * 5 $149,000 N/A N/A N/A N/A LOCKYER VALLEY (LGA) ^ ~ * 44 $152,750 9.1% $140,000 0.2% 78.3% CANNONVALE * 12 $134,500 -19.7% $158,500 -3.9% 13.9% ADARE ^ * 4 N/A N/A $109,500 N/A N/A PROSERPINE * 2 N/A N/A $113,000 N/A N/A GATTON 2 N/A N/A $130,000 0.0% 89.8% HATTON VALE ^ * 3 N/A N/A $136,900 N/A 63.0% KENSINGTON GROVE ^ ~ 4 N/A N/A $135,000 -3.6% 51.7% LAIDLEY ~ * 7 $132,000 20.0% $124,000 12.7% N/A MEDIAN WEEKLY RENTS LAIDLEY NORTH 1 N/A N/A $115,000 N/A N/A Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Postcode REGENCY DOWNS ^ * 10 $154,000 N/A $153,000 11.3% 104.0% Localities Rent New Rent New ($) Bonds ($) Bonds WITHCOTT ^ 3 N/A N/A $135,000 N/A N/A 3 BEDROOM HOUSES MARANOA (LGA) ~ * 7 N/A N/A $97,500 134.9% 225.0% CASSOWARY COAST REGIONAL $270 101 $270 108 ROMA * 5 $130,000 31.6% $107,500 N/A 140.2% 4849 Cardwell/ Hinchinbrook/ etc. $270 13 $240 8 4852 Mission Beach/ Wongaling Beach/ etc. $320 20 $310 25 MOUNT ISA CITY (LGA) 3 N/A N/A $84,000 N/A 110.0% 4854 Bulgun/ Silky Oak/ Tully/ etc. $280 20 $295 14 4860 East Innisfail/ Innisfail/ Jubilee Heights/ etc. $250 44 $250 50 NORTH BURNETT (LGA) ~ 4 N/A N/A $29,000 -27.5% 45.0% NORTH BURNETT (LGA) ^ ~ 5 N/A N/A $100,000 -23.1% 300.0% CENTRAL HIGHLANDS REGIONAL $400 117 $400 127 4717 Blackwater $520 38 $480 53 SCENIC RIM (LGA) 12 N/A N/A $181,750 -0.4% 62.3% 4720 Emerald/ Yamala $390 65 $390 58 SCENIC RIM (LGA) ^ ~ * 19 $138,000 -34.3% $200,000 -8.9% 27.4% 4722 Buckland/ Springsure/ etc. $280 7 n.a. 4 BEAUDESERT 2 N/A N/A $197,000 2.6% 51.5% 4723 Capella/ Lilyvale/ etc. $330 7 $300 12 KOORALBYN ^ 6 $126,500 N/A $119,500 7.2% 73.9% GYMPIE REGIONAL $245 204 $240 207 SOMERSET (LGA) * 20 $137,000 4.6% $132,000 3.1% 95.6% 4570 Gympie/ Curra/ Imbil/ Monkland/ Southside/ etc. $250 165 $250 160 SOMERSET (LGA) ^ 13 N/A N/A $200,000 0.3% 95.1% 4580 Cooloola/ Tin Can Bay $240 30 $230 35 FERNVALE * 6 $155,000 16.5% $139,000 6.5% N/A LOWOOD * 3 N/A N/A $120,000 -7.7% N/A ISAAC REGIONAL $600 154 $600 78 4721 Belyando/ Clermont/ etc. $400 15 n.a. 4 SOUTH BURNETT (LGA) 19 $48,000 N/A $80,000 -5.9% 146.2% 4742 Burton/ Nebo/ Oxford/ etc. $350 6 n.a. 3 SOUTH BURNETT (LGA) ^ 30 $107,000 -3.2% $98,000 0.0% 98.0% 4744 Moranbah $650 83 $650 41 KINGAROY * 5 $105,000 -4.5% $110,000 0.0% 69.2% 4745 Dysart $700 39 $500 24 KINGAROY ^ * 2 N/A N/A $150,000 10.3% 114.3% 4746 Mays Down/ Middlemount $150 9 n.a. 3 MEMERAMBI ^ * 2 N/A N/A $75,000 N/A N/A PROSTON 6 $22,000 N/A N/A N/A N/A LOCKYER VALLEY REGIONAL $250 103 $250 121 4341 Hatton Vale/ Laidley/ Regency Downs/ etc. $250 42 $250 42 SOUTHERN DOWNS (LGA) ~ * 22 $95,000 90.0% $90,000 3.7% 69.8% 4342 Forest Hill/ Glenore Grove/ Lockrose/ etc. $250 9 $245 12 SOUTHERN DOWNS (LGA) ^ ~ 10 N/A N/A $150,000 13.2% 87.5% 4343 Adare/ Gatton/ Woodlands/ etc. $265 40 $250 59 ROSENTHAL HEIGHTS * 6 $92,500 N/A N/A N/A N/A 4344 Helidon/ Lilydale/ Lockyer/ etc. $260 5 n.a. 4 WARWICK * 8 $99,500 0.5% $95,500 6.1% 61.9% 4347 Grantham/ Veradilla/ Winwill/ etc. $220 7 n.a. 4 TABLELANDS (LGA) ~ * 17 $100,000 -11.9% $105,000 -4.5% 78.0% SCENIC RIM REGIONAL $300 110 $300 126 TABLELANDS (LGA) ^ ~ 24 $172,750 1.6% $185,000 -1.3% 94.7% 4270 Tamborine $420 6 $370 5 ATHERTON 5 $130,000 5.7% $126,500 6.3% 94.6% 4271 Eagle Heights $330 10 $335 22 MAREEBA ~ * 7 $100,000 N/A $98,500 -2.0% 69.8% 4272 Tamborine Mountain $355 17 $310 7 MAREEBA ^ 6 $153,500 N/A N/A N/A N/A 4275 Biddaddaba/ Boyland/ Canungra/ etc. $350 6 $395 10 4285 Beaudesert/ Cedar Vale/ Kooralbyn/ etc. $300 45 $300 47 WESTERN DOWNS (LGA) 8 N/A N/A $112,500 4.2% 181.3% 4309 Aratula/ Kalbar $250 9 $250 8 WESTERN DOWNS (LGA) ^ ~ * 21 $99,000 44.0% $99,000 13.1% 214.3% 4310 Boonah/ Duganden/ Mt Alford $250 12 $255 21 CHINCHILLA * 6 $120,000 9.1% $109,900 15.7% 99.8% CHINCHILLA ^ * 6 $129,500 N/A $116,500 29.4% 70.7% SOMERSET REGIONAL $260 72 $260 54 DALBY * 1 N/A N/A $117,500 0.0% 130.4% 4311 Clarendon/ Coominya/ Lowood/ etc. $285 29 $260 15 DALBY ^ ~ * 6 $127,500 28.8% $99,000 -6.6% 65.0% 4312 Esk/ Eskdale/ Caboonbah/ etc. $230 12 $220 11 TARA ^ 4 N/A N/A $40,000 5.3% 88.2% 4313 Toogoolawah/ Cressbrook/ Ottaba/ etc. $230 12 $200 9 4515 Kilcoy/ Glenfern/ Sandy Creek/ etc. $300 19 $280 18 Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 35 www.reiq.com.au
  • QUEENSLAND MAR K ET MONITOR OTHER REGIOnAl AREAS MEDIAN WEEKLY RENTS MEDIAN WEEKLY RENTS Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Postcode Postcode Localities Rent New Rent New Localities Rent New Rent New ($) Bonds ($) Bonds ($) Bonds ($) Bonds 3 BEDROOM HOUSES continued 2 BEDROOM FLATS/UNITS continued SOUTH BURNETT REGIONAL $225 117 $220 128 GYMPIE REGIONAL $190 52 $190 44 4605 Cherbourg/ Murgon/ Oakdale/ etc. $195 20 $175 15 4570 Gympie/ Curra/ Imbil/ Monkland/ Southside/ etc. $175 32 $190 26 4606 Fairdale/ Greenview/ Wondai/ etc. $200 12 $200 10 4580 Cooloola/ Tin Can Bay $200 8 $165 6 4610 Kingaroy/ Memerambi/ Wattle Grove/ etc. $250 56 $250 64 4581 Rainbow Beach/ Inskip $200 11 $220 11 4615 Nanango/ Brooklands/ Tarong/ etc. $220 24 $210 33 ISAAC REGIONAL $260 16 $200 13 SOUTHERN DOWNS REGIONAL $230 138 $220 142 4721 Belyando/ Clermont/ etc. $200 5 $180 7 4362 Allora/ Ellinthorp/ Goomburra/ etc. $250 5 $210 5 4742 Burton/ Nebo/ Oxford/ etc. $260 5 - n.a. 4370 Rosenthal Heights/ Mount Colliery/ Warwick/ etc. $240 84 $220 76 4380 Stanthorpe/ Amiens/ etc. $220 32 $200 38 LOCKYER VALLEY REGIONAL $210 17 $200 22 4343 Adare/ Gatton/ Woodlands/ etc. $210 13 $200 18 TABLELANDS REGIONAL $270 183 $270 187 4800 Mareeba/ Biboohra $265 66 $260 45 SCENIC RIM REGIONAL $210 32 $230 29 4872 Dimbulah/ Kairi/ Mt Garnett/ Tinaroo/ Walkamin $200 5 $250 11 4285 Beaudesert/ Cedar Vale/ Kooralbyn/ etc. $200 26 $190 19 4881 Kuranda/ Koah/ Speewah $300 8 $310 15 4883 Atherton/ Upper Baron $275 44 $270 47 SOUTH BURNETT REGIONAL $190 58 $165 54 4884 Yungaburra/ Lake Eacham $290 11 $300 13 4610 Kingaroy/ Memerambi/ Wattle Grove/ etc. $190 52 $180 44 4885 Malanda/ Tarzali/ Jaggan $270 7 $250 10 4887 Herberton/ Wondecla $250 5 $220 7 SOUTHERN DOWNS REGIONAL $185 53 $145 52 4888 Ravenshoe/ Evelyn/ Millstream $250 13 $230 12 4370 Rosenthal Heights/ Mount Colliery/ Warwick/ etc. $190 28 $145 32 4380 Stanthorpe/ Amiens/ etc. $175 23 $150 19 WESTERN DOWNS REGIONAL $260 131 $280 123 4405 Dalby/ Blaxland/ Tipton etc. $260 76 $300 69 TABLELANDS REGIONAL $190 67 $190 63 4413 Chinchilla/ Hopeland/ Montrose/ etc. $270 37 $280 36 4800 Mareeba/ Biboohra $190 26 $180 22 4415 Miles/ Myall Park/ etc. $280 9 $200 7 4883 Atherton/ Upper Baron $200 27 $190 27 4419 Wandoan/ Cockatoo/ Grosmont $200 5 n.a. 4 WESTERN DOWNS REGIONAL $195 47 $210 58 WHITSUNDAY REGIONAL $340 157 $350 145 4405 Dalby/ Blaxland/ Tipton etc. $190 23 $230 37 4800 Cannon Valley/ Conway/ Proserpine/ etc. $300 36 $320 16 4413 Chinchilla/ Hopeland/ Montrose/ etc. $230 15 $210 14 4802 Airlie Beach/ Cannonvale/ Whitsundays/ etc. $360 43 $400 57 4415 Miles/ Myall Park/ etc. $250 5 n.a. 1 4804 Collinsville $300 18 $320 15 4805 Bowen $350 60 $330 56 WHITSUNDAY REGIONAL $260 168 $275 155 4800 Cannon Valley/ Conway/ Proserpine/ etc. $230 19 $200 17 BALONNE SHIRE $200 28 $210 25 4802 Airlie Beach/ Cannonvale/ Whitsundays/ etc. $280 105 $290 95 BANANA SHIRE $280 49 $285 55 4805 Bowen $260 40 $245 29 BURDEKIN SHIRE $250 66 $230 70 CHARTERS TOWERS REGIONAL $250 47 $220 40 BANANA SHIRE $220 18 $190 11 CLONCURRY SHIRE $350 14 $300 13 BURDEKIN SHIRE $190 41 $180 43 COOK SHIRE $260 29 $265 31 CHARTERS TOWERS REGIONAL $185 19 $160 15 GOONDIWINDI REGIONAL $250 31 $230 38 GOONDIWINDI REGIONAL $160 33 $165 37 HINCHINBROOK SHIRE $250 37 $230 32 HINCHINBROOK SHIRE $160 34 $160 23 LONGREACH REGIONAL $250 18 $250 16 LONGREACH REGIONAL $160 10 $130 6 MARANOA REGIONAL $320 65 $280 57 MARANOA REGIONAL $200 19 $180 11 MOUNT ISA CITY $450 83 $420 63 MOUNT ISA CITY $320 90 $295 127 MURWEH SHIRE $210 13 $190 15 NORTH BURNETT REGIONAL $185 24 $180 26 3 BEDROOM TOWNHOUSES GYMPIE REGIONAL $270 17 n.a. 4 2 BEDROOM FLATS/UNITS 4570 Gympie/ Curra/ Imbil/ Monkland/ Southside/ etc. $270 13 n.a. 2 CASSOWARY COAST REGIONAL $200 93 $185 92 4849 Cardwell/ Hinchinbrook/ etc. $185 9 $160 9 WHITSUNDAY REGIONAL $340 27 $350 17 4852 Mission Beach/ Wongaling Beach/ etc. $210 20 $230 17 4800 Cannon Valley/ Conway/ Proserpine/ etc. $330 6 n.a. 3 4854 Bulgun/ Silky Oak/ Tully/ etc. $215 20 $195 15 4802 Airlie Beach/ Cannonvale/ Whitsundays/ etc. $340 19 $350 13 4860 East Innisfail/ Innisfail/ Jubilee Heights/ etc. $185 41 $180 48 CENTRAL HIGHLANDS REGIONAL $275 51 $270 50 4720 Emerald/ Yamala $275 46 $275 45 Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 36 www.reiq.com.au
  • GROSS REnTAl YIElDS VACAnCY RATES HOUSES UNITS RESIDENTIAL RENTALS” LGA SEP QTR JUN QTR SEP QTR JUN QTR LGA SEPT MAR 2010 2010 2010 2010 2010 2010 SOUTH EAST QUEENSLAND SOUTH EAST QUEENSLAND BRISBANE CITY 3.7% 3.7% 4.7% 4.6% BRISBANE SD¹ 2.9% 2.7% IPSWICH CITY 4.6% 4.4% 4.8% 5.1% BRISBANE CITY² 2.6% 2.5% LOGAN CITY 4.7% 4.6% 5.0% 4.7% Brisbane Inner (0-5km) 2.5% 2.3% MORETON BAY 4.2% 4.1% 4.2% 4.1% Brisbane Remainder 2.6% 2.6% REDLAND CITY 4.0% 4.0% 5.0% 4.6% BRISBANE SURROUNDS³ 3.2% 3.0% GOLD COAST CITY 4.3% 4.2% 5.0% 4.8% IPSWICH CITY 2.3% 2.3% SUNSHINE COAST 4.1% 4.1% 4.4% 4.2% LOGAN CITY 2.3% 2.3% MAJOR REGIONAL CENTRES MORETON BAY 3.8% 3.3% BUNDABERG 5.0% 4.7% 4.3% 4.4% Caboolture * 4.9% n/a CAIRNS 4.3% 4.4% 5.3% 4.6% Pine Rivers 2.5% n/a FRASER COAST 4.4% 4.3% 3.9% 3.8% Redcliffe 2.8% n/a GLADSTONE 4.1% 4.2% 4.9% 3.5% REDLAND CITY 3.5% 4.3% MACKAY 5.0% 4.9% 4.7% 4.4% GOLD COAST CITY 4.3% 3.9% ROCKHAMPTON 4.9% 4.7% 4.3% 4.3% SUNSHINE COAST 3.4% 3.5% TOOWOOMBA 4.8% 4.7% 4.3% 4.6% Caloundra Coast 2.5% n/a TOWNSVILLE CITY 4.7% 4.5% 4.6% 4.6% Maroochy Coast 2.6% n/a OTHER REGIONAL AREAS Noosa Coast 5.1% n/a CASSOWARY COAST 5.9% 5.0% N/A N/A Hinterland 4.2% n/a CENTRAL HIGHLANDS 6.4% 6.0% 4.4% N/A MAJOR REGIONAL CENTRES CHARTERS TOWERS 6.8% 7.9% N/A N/A BUNDABERG 2.1% 3.1% GOONDIWINDI 5.1% N/A N/A N/A CAIRNS 4.4% 5.2% GYMPIE 4.4% 4.5% N/A N/A FRASER COAST * 5.4% 6.3% ISAAC 7.1% 6.7% N/A N/A Hervey Bay 5.5% n/a LOCKYER VALLEY 4.7% 4.8% N/A N/A Maryborough 5.2% n/a MARANOA 7.0% 5.4% N/A N/A GLADSTONE 1.4% 4.1% MOUNT ISA CITY 6.9% 6.3% N/A N/A MACKAY 1.3% 3.4% SCENIC RIM 4.2% 4.4% N/A N/A ROCKHAMPTON 2.3% 5.6% SOMERSET 5.3% 5.2% N/A N/A TOOWOOMBA 0.9% N/A SOUTH BURNETT 4.9% 4.6% N/A N/A TOWNSVILLE CITY 3.4% 3.0% SOUTHERN DOWNS 4.8% 4.9% N/A N/A OTHER REGIONAL AREAS TABLELANDS 4.7% 4.8% N/A N/A GYMPIE 4.4% 3.1% WESTERN DOWNS 5.3% 5.3% N/A N/A LOCKYER VALLEY 4.7% 3.3% WHITSUNDAY 4.8% 5.0% 4.4% 3.9% TABLELANDS 4.9% 5.6% WHITSUNDAY * 12.7% N/A Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 37 www.reiq.com.au
  • QUEENSLAND MAR K ET MONITOR RESEARCH METHODOlOGYReal estatetrends inQueensland’stowns & suburbsIn order to measure recent performance On a quarterly basis, a minimum of 10 sales To ensure like is compared with like theof the Queensland property market, are required for metropolitan Brisbane. In change in median sale prices comparesQueensland Market Monitor records the regional areas, where there are generally current preliminary estimates withmedian sale price by locality and by local fewer sales compared with metropolitan preliminary estimates for the previousgovernment area (LGA) state-wide where volumes, suburbs with a minimum of period. A percentage change is notsufficient sales numbers are recorded. seven house or unit/townhouse sales or available where there is no preliminary a minimum of five acreage or vacant land estimate available for either referenceAnalysts regard the median sale price, sales in a locality are included. A suburb period.defined as “the middle sale taken from with fewer sales numbers is generallyall the sales in a locality throughout Another point of difference with REIQ regarded as having a sample size too smalla specified period” as the most research is our use of contract date to be truly demonstrative.representative figure. Unlike other figures rather than the ‘settlement date’. Inaverages, which can be skewed by very The REIQ’s research data is based on sales accruing quarterly results, some analystshigh or very low sales, the median is records of the most recent reportable use the date on which the property settledgenerally reflective of current market quarter held by the Department rather than the date that the parties signedactivity. of Environment and Resources a contract of sale. In Queensland, there Management’s Queensland Valuation and could be up to 60 or 90 days between theQuarterly sales figures are generally an Sales database (QVAS). This data is made time a contract of sale is signed (the dayindication of the latest sales activity in an available to the REIQ through PriceFinder on which the parties legally agree on thearea. They reflect the types of properties (www.pricefinder.com.au) and RP Data price the property will sell for) and the daythat have sold over a three-month period (www.rpdata.net.au) on which the property settles. The REIQand can therefore be quite volatile. Where believes that collating quarterly statisticspossible, annotations have been used to As of the June quarter 2010, REIQ sales based on settlement date figures does notexplain fluctuations in the sales data (see data reports are run two weeks earlier most accurately reflect the state of thepage 37). than previously calculated. After careful market in any given quarterly period. analysis, this change in methodology wasTo provide a more macro or historical implemented to improve the timelinesstrend view of a suburb’s and LGA’s market of the REIQ’s sales data release withoutperformance, the annual median price is For further information on real estate jeopardising the reliabilty of the figures.also provided as are percentage changes data email REIQ’s research analyst, Given the slightly smaller sample size,over the last one and five years. Yvette Burton [research@reiq.com.au]. comparisons between the number ofTo ensure this data is as reflective of the sales of previously published quartersoverall market as possible, only suburbs should be made with caution.that recorded a minimum of 25 sales forhouses and unit/townhouses; or 20 salesfor acreage and vacant land over the 12month period are recorded.Issue 8 - September Quarter 2010 page 38 www.reiq.com.au
  • ExPlAnATORY nOTES SALES DATA PRICE POINT GRAPHS Median Price: The middle sale price when arranged in All figures are preliminary based upon sales records available ascending order, ie where half of the sales recorded were less as at the time of reporting for each corresponding quarter and and half were higher than the median are subject to further revision. Comparisons between quarters should be used as a guide only. Data supplied by PriceFinder. All figures are preliminary and are subject to further revision. Only suburbs to record sufficient sales numbers have been included. RENTAL DATA N/A No preliminary estimate available due to insufficient sales All rental data is collated by postcode. Where no postcode or numbers region is listed, insufficient new bonds were lodged in order to calculate a reliable statistic. (LGA) Local Government Area Where there is a relatively small number of bond lodgements Brisbane (SD)– Brisbane Statistical Division which includes the median rent values are less reliable and should be used with LGA’s of Brisbane City, Ipswich City, Logan City, Moreton Bay caution. Regional and Redland City. n.a. Not Available (the number of new bonds lodged was too ^ Denotes acreage sales - on land size greater than 2,400m². small to provide a reliable estimate) All other house and land sale statistics are based on land size under 2,400m². Unit and townhouse data includes sales of all Source: Residential Tenancies Authority, Rental Bond residential building units and group titled properties. lodgements (RTA) www.rta.qld.gov.au ~ Medians affected by varying quality of stock sold GROSS RENTAL YIELDS * Medians affected by varying quantities of new properties sold House yields based upon REIQ median house prices and RTA f Medians affected by varying quantities of waterfront median weekly rent for 3-bedroom houses properties sold Unit yields based upon REIQ median unit & townhouse prices g Sales volumes and median affected by QLD government and RTA median weekly rent for 2-bedroom flats acquisitions in the area G Sales volumes and median affected by QLD government sales VACANCY RATES in the area ¨Based upon all residential rentals as at the end of the month + Due to the nature of properties in this suburb, some group ¹ Aggregate of Brisbane City LGA & Brisbane surrounds titled property sales have been included ² Aggregate of Brisbane Inner & Brisbane Remainder - Due to the nature of properties in this suburb, some group titled property sales have been omitted ³ Aggregate of the surrounding shires of Ipswich, Logan, Moreton Bay Regional & Redland ¹ Paradise Point statistics exclude Sovereign Island and Ephraim Island sales * High rental stock due to new residential unit releases ² Historical figures recalculated to take into account group title N/A Insufficient sample size reported in order to calculate a sales reliable statistic ³ Medians affected by varying volumes of sales on the bay NB Where no region or vacancy rate is listed, insufficient islands and mainland surveys were received in order to calculate a reliable statistic ⁴ Due to a reporting error, Inala house sales statistics have been Source: REIQ Residential Rental Survey amended ⁵ Historical medians recalculated to exclude Teneriffe properties 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 Please see page 39 for legend and further notesIssue 8 - September Quarter 2010 page 39 www.reiq.com.au
  • Options forproperty buyers: “They’re ideal for asset-rich, cash-poor customers who wish to invest in property and already own their own home.you can guarantee it “Deposit Guarantees are quick and easy to arrange and can also be cost effective – they can allow investors to keep earning interest on their savings or investments, and provide an alternative to paying a penalty to break fixed investments or selling shares.”2010 is drawing to a close and currently presents a ‘buyers’ Deposit Guarantees can also be an effective tool for real estatemarket’ for Queenslanders. Supply of homes is strong and agents to attract qualified and committed buyers, and protectprices are reported to have eased in parts of the state. their commission.Interest rates rose in November however sales appear to be “Deposit Power Guarantees are only issued after the purchasersteady and the current market conditions often encourage has demonstrated their financial ability to complete the sale,existing homeowners to upgrade their homes and take so this can also give the seller more peace of mind that the saleadvantage of softer prices. will go through," Mr Levy said.According to Keith Levy, National Manager of Deposit Power,people buying and selling homes simultaneously often havetheir cash tied up in existing property, and require 100% of the “Accepting a 10 per cent deposit also ensures that if settlementfinance. doesn’t happen, the seller has enough to cover the real estate agents’ entitled commission.”“Sometimes issues arise when customers have sold an existingproperty, but just can’t yet access the sale proceeds to comeup with a deposit,” Mr Levy said. Deposit Guarantees can also be particularly useful for investors“Deposit Guarantees provide a way for these qualified buyers or buyers attending auctions, giving the buyer the flexibility toto secure the property now and pay the full purchase price attend multiple auctions, and hand their Deposit Guarantee(including the deposit) at settlement. over to the Real Estate agent immediately after the auction. For information on Deposit Guarantees, contact Kimbley Mustar, Deposit Power QLD State Manager on 0418 230 693 or go to www.depositpower.com.au Deposit Power is Australia’s leading provider of Deposit Guarantees. Having issued the first Deposit Guarantee in the Australian market in 1989, Deposit Power has now assisted over 750,000 Australians to purchase property. Deposit Guarantees substitute for a cash deposit when purchasing residential property and can be used by investors, first homebuyers, people buying and selling simultaneously and for extended settlement contracts such as off the plan or vacant land purchases. Deposit Power is part of Vero Insurance Limited, one of Australia’s largest and most suc- cessful intermediated general insurance companies.
  • Y O U R S TAT 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 MAR KET QUEENSLAND MONITOR 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 ensure you are completely informed of all the latest market trends and fluctuations. Yes! I would like to subscribe to the Queensland Market Monitor I would like a two-year subscription (8 issues) for $80* I would like a one-year subscription (4 issues) for $49* * All prices include GST Please send me the following issues:Name: (title) (first) (middle initial/s) (last)Company name: Occupation:Address: Post code:Phone: Fax: Mobile:Email: DOB: (day) (month) (year-optional) This is an individual subscription This subscription is on behalf of a companyI wish to pay by: [ ] Cheque or [ ] Money order payable to the REIQPlease debit my: [ ] MasterCard [ ] Visa [ ] AMEX *4 digit CCV numberName on card:Card number:Amount: $ Expiry date: / CCV#Signature: Fax: 07 3249 6203 | Email: communication@reiq.com.au | Phone: 07 3249 7303 Postal Address: PO Box 1555, Coorparoo DC QLD 4151