your state-wide property research guide - suburb by suburb




         REIQ




                                                                                                                                                     ISSUE 14
         REAL ESTATE INSTITUTE
         QUEENSLAND




   “Property prices              MARCH QUARTER 2012                                   QUARTERLY PRICE MOVEMENTS	
   have grown in                 STATE-WIDE SUMMARY                                    LGA	                   HOUSES	UNITS	 LAND
   most areas and                                                                      SOUTHEAST QLD
                                 HOUSE AND UNIT MARKETS
   some regions                                                                        BRISBANE (SD)	           0.0%		     -2.9%		        6.8%	~ *
                                 The Queensland property market has turned
                                                                                       BRISBANE CITY	           1.2%		     -3.1%		        7.3%	~ *
   have also                     around and posted positive results for the first
                                 time in 18 months.                                    IPSWICH CITY	            0.0%		     -5.6%	* t	    -5.3%	*
   experienced
                                                                                       LOGAN CITY	             -1.8%		     -8.9%	* t	     4.8%	*
                                 The REIQ March quarter Queensland Market
   substantial                                                                         MORETON BAY	            -2.4%		     -0.3%		        3.4%	
                                 Monitor has found house prices across the
   increases in                  majority of Queensland increasing with sales          REDLAND CITY	           -0.9%		    -14.3%	 f ~	 -29.4%	~
                                 numbers also up – in some cases significantly.
   sales activity,                                                                     GOLD COAST CITY	         0.7%		     -2.4%		      -13.2%	* f

                                 Three months ago when the REIQ analysed the           SUNSHINE COAST	          0.6%		      2.2%	~	     14.6%	*
   which is a
                                 December quarter data it seemed to indicate           						
                                                                                       MAJOR REGIONS			
   hugely welcome                the bottom of the market had been reached             TOOWOOMBA	               0.7%		     -6.1%	~	      -9.0%	*
                                 because prices were stabilising.
   turnaround”                                                                         FRASER COAST	            7.8%	~	    -7.0%	* f	     0.0%	
                                 The REIQ predicted at the time that the March         BUNDABERG	               3.7%		     -8.6%	* f	     0.0%	
                                 quarter data would be even more positive and
                                                                                       GLADSTONE	              -0.6%		      5.1%	* f t	 10.5%	*
                                 house prices across the state have duly started
                                 to increase.                                          ROCKHAMPTON	             1.6%		     -1.2%		       -1.0%	
                                                                                       MACKAY	                  1.2%		    -12.7%	f ~	     7.8%	* f
                                 Property prices have grown in most areas
                                 and some regions have also experienced                TOWNSVILLE CITY	         0.0%		     -6.4%	* f	     4.9%	*
                                 substantial increases in sales activity, which is     CAIRNS	                  4.5%	~	    -1.2%	* f	     6.7%	~
                                 a hugely welcome turnaround                          See page 41 for REIQ explanatory notes
  Linda-Jane Debello of
                                 And while the March quarter figures contain
                                 plenty of good news, perhaps the best piece         The top performer of all major regions across
                                 of news is some very healthy results in             the State was Fraser Coast, which posted
                                 Queensland’s tourism centres, which have            median house price growth of 7.8 per cent to
                                 struggled more than most over recent years.         $290,000 over the March quarter. The numbers
                                                                                     of preliminary house sales were also up an
                                                                                     impressive 42 per cent.
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2




                                                              state-wide summary
    table of contents                                                               QUEENSLAND - PRICEPOINTS
                                                                                    QUEENSLAND - PRICEPOINTS
    Queensland market update:	                                                      QUEENSLAND - PRICEPOINTS
                                                                                    QUEENSLAND HOUSE SALES
       State-wide summary (cont’d)	2                                               QUEENSLAND HOUSE SALES
                                                                              <$350,000  $350,000+ $500,000+                          $1m+
                                                                                   QUEENSLAND HOUSE SALES
                                                                             <$350,000  $350,000+     $500,000+      $1m+
                                                                 MAR 12           2967           3207            1979      145
    Regional market updates:                                     MAR 12      <$350,000
                                                                                  2967  $350,000+
                                                                                                3207 $500,000+ 1979  $1m+ 145
                                                                 DEC 11          2760          3071           1748     185
                                                                 MAR 11
                                                                 DEC 12           2967
                                                                                 2760            3207
                                                                                               3071              1979 185 145
                                                                                                              1748
       Brisbane City	                            5                SEP 11          3093            3453             2042      188
                                                                 DEC 11
                                                                 SEP 11          2760
                                                                                  3093         3071
                                                                                                  3453        1748 2042185 188
       Greater Brisbane	                        10               JUN 11         2435         3047           1828      187
                                                                  SEP 11
                                                                 JUN 11           3093
                                                                                2435         3047 3453     1828 2042 187     188
                                                                 MAR 11        2153        3047           1923      146
       Gold Coast	                              16
                                                                  JUN 11
                                                                 MAR 11         2435
                                                                               2153          3047
                                                                                           3047            1828
                                                                                                          1923       187
                                                                                                                    146
                                                                 Source: REIQ, data provided by PriceFinder
       Toowoomba	19                                              MAR 11          2153                 3047                     1923   146
                                                                 Source: REIQ, data provided by PriceFinder

       Sunshine Coast	                          21                                       QUEENSLAND UNIT SALES
                                                                 Source: REIQ, data provided by PriceFinder
                                                                       <$250,000         QUEENSLAND UNIT SALES
                                                                                         $250,000+ $350,000+ $500,000+                        $1m+
       Fraser Coast	                            24
                                                                       <$250,000         QUEENSLAND UNIT SALES
                                                                                         $250,000+     $350,000+     $500,000+                $1m+
                                                                  MAR 12    598            1123        1057      425 77
       Bundaberg	26                                                    <$250,000          $250,000+    $350,000+ 425 $500,000+                $1m+
                                                                  MAR 12    598            1123        1057            77
                                                                  DEC 11    588           922        955     417 79
       Gladstone	28                                               MAR 11
                                                                  DEC 12    598
                                                                            588            1123
                                                                                          922       9551057 417 425 77
                                                                                                                   79
                                                                   SEP 11   579            1182         1118      474 76
       Rockhampton	30                                             DEC 11
                                                                   SEP 11   588
                                                                           579            922
                                                                                           1182      9551118 417 474 76
                                                                                                                   79
                                                                   JUN 11  553            999        1030      518      92
                                                                   SEP 11   579            1182         1118 518474 92   76
       Mackay	32                                                  JUN 11
                                                                  MAR 11
                                                                           553
                                                                           491
                                                                                          999
                                                                                         959
                                                                                                     1030
                                                                                                    985      434    78
                                                                  JUN 11
                                                                  MAR 11   553
                                                                           491            999
                                                                                         959         1030 434
                                                                                                    985        518 78 92
       Townsville	34                                              Source: REIQ, data provided by PriceFinder
                                                                  MAR 11     491         959             985             434     78
                                                                  Source: REIQ, data provided by PriceFinder
       Cairns	36
                                                                                         QUEENSLAND
                                                                  Source: REIQ, data provided by PriceFinder        LAND SALES
       Other Regional Areas	                    39                     <$250,000         QUEENSLAND LAND SALES
                                                                                         $250,000+ $350,000+ $500,000+                         $1m+
                                                                      <$250,000                                                       20
                                                                 MAR 12                 QUEENSLAND LAND SALES 242 61 7 $1m+
                                                                                         $250,000+
                                                                                                 1264
                                                                                                            $350,000+       $500,000+
    Rental Market Indicators	                   40                                                                                    20
                                                                      <$250,000
                                                                 MAR 12                  $250,000+
                                                                                                 1264 $350,000+             $500,000+ 7 $1m+
                                                                                                                              242 6126
                                                                  DEC 11                        1210                        227 70 6
                                                                                                                                    2620
       Residential rental yields	               40               MAR 11
                                                                 DEC 12                          1264
                                                                                                1210                          242 30
                                                                                                                            227 7061 6 7
                                                                  SEP 11                        1173                       237 61 26 11
                                                                                                                                  30
                                                                 DEC 11
                                                                  SEP 11                        1210                    26 227 70 6
       Residential vacancy rates	               40                JUN 11                    977
                                                                                               1173
                                                                                                                  142 62 4
                                                                                                                          237 61 11
                                                                                                                        26        30
                                                                                               1173          32 142
                                                                                                                      62 237 61 11
                                                                  SEP 11
                                                                 JUN 11                     977                            4
                                                                 MAR 11               663              140      8
    REIQ explanatory notes	                     41                                                         46
                                                                                                             32         26
                                                                 JUN 11
                                                                 MAR 11               663 977          140      8 142 62 4
                                                                 Source: REIQ, data provided by PriceFinder 32
                                                                                                           46
                                                                  MAR 11               663              140
                                                                  Source: REIQ, data provided by PriceFinder
                                                                                                                     8
                                                                                                               46
                                                                  Source: REIQ, data provided by PriceFinder




            Please see page 41 for legend and further notes                                                                                  March Quarter 2012
3




state-wide summary
The second best performer was Cairns, which recorded
median house price growth of 4.5 per cent to $350,000.
                                                              MEDIAN PRICES - Mar QTR 2012	
Local agents say the region now represented excellent         LGA	               HOUSES	UNITS	 LAND
value with demand increasing, especially in the upper         SOUTHEAST QLD
end of the market.
                                                              BRISBANE (SD)	     $425,000	$365,000	$224,250
Queensland’s unit and townhouse market also                   BRISBANE CITY	     $505,000	$387,750	$300,000
experienced strengthening demand over the March               IPSWICH CITY	      $300,000	$220,000	$179,000
quarter. The numbers of preliminary unit and townhouse
                                                              LOGAN CITY	        $335,000	$239,000	$220,000
sales across the State were up 11 per cent compared to
the December quarter last year.                               MORETON BAY	       $360,000	$325,900	$210,000
                                                              REDLAND CITY	      $420,000	    $307,500	       $56,500
Over the period, there was also a dramatic increase in the
number of units sold between $250,000 and $350,000 with       GOLD COAST CITY	   $454,375	    $241,500	      $240,000
sales in this price bracket increasing 22 per cent.           SUNSHINE COAST	    $430,000	$332,250	$271,500

This increase in more affordable unit and townhouse           			
                                                              MAJOR REGIONS			
sales is being driven by demand from first home buyers        TOOWOOMBA	         $288,000	$230,000	$136,000
and investors, who often target properties at the lower       FRASER COAST	      $290,000	$251,000	$130,000
end of the market.
                                                              BUNDABERG	         $280,000	$245,000	$140,000
About 19 per cent of homes financed in Queensland are         GLADSTONE	         $475,000	$358,250	$246,500
now being bought by first home buyers, which is the
                                                              ROCKHAMPTON	       $320,000	$284,000	$143,500
highest level of activity from first-time property buyers
                                                              MACKAY	            $425,000	$310,000	$194,000
since 2009 when the First Home Owners Boost was
available.                                                    TOWNSVILLE CITY	   $360,000	$286,000	$166,750
                                                              CAIRNS	            $350,000	$212,500	$160,000
Investors too are making a long-awaited return to the
market with more than 4,500 properties bought by
investors in March this year. The 10-year average is 5,000
dwellings per month so this is also the strongest level of
activity from investors since early 2010.                     SALES ACTIVITY - Mar QTR 2012	
Over the March quarter, median unit and townhouse             LGA	               HOUSES	UNITS	 LAND
prices softened in a number of areas due to this shift in     SOUTHEAST QLD
demand for more affordable properties. Median prices          BRISBANE (SD)	       steady	          up	        steady
reflect the types of properties that sell over a particular   BRISBANE CITY	       steady	strong	strong
timeframe so if more affordable properties sell the
                                                              IPSWICH CITY	        steady	down	down
median will be dragged lower.
                                                              LOGAN CITY	              up	       strong	          up
                                                              MORETON BAY	         steady	      steady	         down
VACANT LAND MARKET
                                                              REDLAND CITY	        steady	      steady	           up
Sales activity for the vacant land market was up 4 per        GOLD COAST CITY	         up	          up	           up
cent over the March quarter for the State as a whole, with
                                                              SUNSHINE COAST	 strong	up	up
the majority of the increase occurring in the $250,000 to
$350,000 bracket. Top sales increases were most notable       			
                                                              MAJOR REGIONS			
in South East Queensland (SEQ), while Rockhampton             TOOWOOMBA	            down	 down	steady
outperformed all major regional areas.                        FRASER COAST	         strong	      down	         steady
With a number of new land estates coming onto the             BUNDABERG	               up	 down	steady
market, a number of areas recorded strong increases in        GLADSTONE	           steady	strong	steady
their quarterly medians. Local agents state-wide however,     ROCKHAMPTON	          strong	strong	                up
are reporting a restraint on supply levels as some
                                                              MACKAY	              steady	steady	 down
developers continue to have difficulty securing finance.
                                                              TOWNSVILLE CITY	         up	       down	            up
                                                              CAIRNS	              steady	 down	steady


                                                              steady +/- 5%		up/down 5-20%			strong >20%




     Please see page 41 for legend and further notes                                                 March Quarter 2012
4




    state-wide summary
    RENTAL MARKET                                                       MEDIAN WEEKLY RENTS - Mar QTR 2012	
    Demand for rental properties continues to strengthen                LGA	                    3 BED HOUSE	     2 BED FLAT	     3 BED T’HSE
    with vacancy rates tightening across the State.                     SOUTHEAST QLD
    The REIQ March residential vacancy rates show the                   BRISBANE CITY	           $400	-	          $390	u	         $405	-
    majority of regions experiencing strong demand from                 IPSWICH CITY	            $285	-	          $235	-	         $295	-
    tenants, with vacancy rates in many areas now below 3               LOGAN CITY	              $325	-	          $255	-	         $325	-
    per cent.
                                                                        MORETON BAY	             $320	-	          $265	-	          $320	-
    A vacancy rate of 3 per cent is generally considered to be          REDLAND CITY	            $365	-	          $310	u	          $365	-
    the equilibrium point of supply and demand.
                                                                        GOLD COAST CITY	         $400	-	          $350	-	          $360	-
    With a slow sales market, many potential first home                 SUNSHINE COAST	          $365	-	          $300	-	          $350	-
    buyers and investors are still sitting on the sideline, which
                                                                        						
                                                                        MAJOR REGIONS			
    has contributed to the lower vacancy rates.
                                                                        TOOWOOMBA	               $280	-	          $220	-	          $300	u
    The latest Australian Bureau of Statistics (ABS) data
                                                                        FRASER COAST	            $260	-	          $215	u	          $300	-
    however is showing an increasing number of investors
    and first-timers coming back into the market, which                 BUNDABERG	               $270	-	          $210	-	          $270	d
    should help ease this pent-up demand and keep rental                GLADSTONE	               $480	u*	         $360	u*	         $560	u*
    price growth steady.                                                ROCKHAMPTON	             $330	u*	         $250	 u	         $340	u*
    The resource centres continue to experience extreme                 MACKAY	                  $460	u*	         $350	u*	         $470	u*
    conditions, with vacancy levels of 2 per cent or below.             TOWNSVILLE CITY	         $350	-	          $300	-	          $360	-
    Median rents in these areas, as reported by the                     CAIRNS	                  $320	-	          $250	-	          $300	-
    Residential Tenancies Authority (RTA), are on the rise as
    a result.                                                           (-) steady	   (u) up	   (d) down 	 * change greater than $20

    Meanwhile in SEQ, subdued rents along with first home
    buyers still playing the waiting game has contributed to
    increased demand for rental properties. Investors are also
    still only beginning to come out of the woodwork, which
    has meant rental supply levels remain low.

    VACANCY RATES - March 2012	                                         GROSS RENTAL YIELDS - Mar QTR 2012
    LGA	                       31-Mar-12	TREND	                         LGA		HOUSES	 UNITS
    SOUTHEAST QLD                                                       SOUTHEAST QLD
    BRISBANE CITY	                    1.7%	             d*              BRISBANE CITY			                          4.1%	 -	         5.2%	 u
    IPSWICH CITY	                     2.8%	              -              IPSWICH CITY			                           4.9%	-	          5.6%	-
    LOGAN CITY	                       2.3%	              -              LOGAN CITY			                             5.0%	 -	         5.5%	 u
    MORETON BAY	                      3.0%	              u              MORETON BAY			                            4.6%	-	          4.2%	-
    REDLAND CITY	                     2.2%	              d              REDLAND CITY			                           4.5%	-	          5.2%	-
    GOLD COAST CITY	                  3.9%	              d              GOLD COAST CITY			                        4.6%	 -	         7.5%	 u*
    SUNSHINE COAST	                   3.1%	              -              SUNSHINE COAST			                         4.4%	-	          4.7%	-
    		
    MAJOR REGIONS			                                                    				
                                                                        MAJOR REGIONS			
    TOOWOOMBA	                        1.9%	-                            TOOWOOMBA			                              5.1%	-	          5.1%	u
    FRASER COAST	                     3.8%	              -              FRASER COAST			                           4.7%	 d	         4.5%	 u
    BUNDABERG	                        3.3%	d                            BUNDABERG			                              5.0%	-	          4.5%	-
    GLADSTONE	                        1.4%	-                            GLADSTONE			                              5.3%	u	          5.2%	-
    ROCKHAMPTON	                      1.0%	u*                           ROCKHAMPTON			                            5.4%	-	          4.6%	-
    MACKAY	                           1.7%	-                            MACKAY			                                 5.6%	 -	         5.9%	u*
    TOWNSVILLE CITY	                  2.0%	              d              TOWNSVILLE CITY			                        5.1%	 -	         5.5%	 u*
    CAIRNS	                           2.5%	d                            CAIRNS			                                 4.8%	-	          6.1%	-

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




           Please see page 41 for legend and further notes                                                                   March Quarter 2012
5




BRISBANE CITY
HOUSE AND UNIT MARKETS
                                                                                   BRISBANE CITY HOUSE SALES
The median house price in Brisbane increased 1.2 per
                                                                               <$350,000             $350,000+              $500,000+        $1m+
cent to $505,000 over the March quarter.
                                                                  MAR 12       148           773               931                            58               MAR
A number of Brisbane’s middle ring suburbs performed
well over the March quarter. Holland Park’s median house           DEC 11      185             788               858                          111              DEC

price increased 9.3 per cent to $499,000 as buyers started         SEP 11      196               882                 1013                            96         SEP
to once again consider upgrading their homes.
                                                                   JUN 11      165           738               949                            91               JUN
Holland Park is located approximately 8km from the
                                                                  MAR 11       118         697             910                           83                    MAR
Brisbane CBD, and is neighboured by Holland Park West,
Mount Gravatt, Mount Gravatt East and Camp Hill.
A popular family area, Holland Park's many local facilities
and easy access to the city and surrounding areas has                        BRISBANE SURROUNDS' HOUSE SALES
ensured demand remains strong. Residents are serviced                          <$350,000
                                                                                  BRISBANE CITY UNIT$500,000+
                                                                                         $350,000+
                                                                                                     SALES                                   $1m+
by a variety of services and in surrounding suburbs.                   <$250,000
                                                                  MAR 12  843                $250,000+ 677$350,000+                  $500,000+
                                                                                                                                    218 4            $1m+      MAR

Griffith University, shopping centres, schools and the            MAR 11
                                                                  DEC 12       754                       709                       185 187
                                                                                                                                        7                      DEC
                                                                               42            355       570                                     26              MAR
Southeast Busway along the Southeast Freeway have
helped to add value to the area in recent years.                   DEC 11
                                                                   SEP 11      891 239
                                                                               35              477            788            201      21246    12              SEP
                                                                                                                                                               DEC

                                                                   JUN 11
                                                                    SEP 11     686
                                                                               49           331       761
                                                                                                     614                           237 230
                                                                                                                                        7           24         JUN
                                                                                                                                                                SEP
The neighbouring suburb of Mount Gravatt East
experienced increased demand over the period, with a              MAR 11
                                                                   JUN 11      586
                                                                               48       268        779
                                                                                                  512                           244 6 33
                                                                                                                                201                            MAR
                                                                                                                                                                JUN
significant jump in sales compared to the December                INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL 174
                                                                   MAR 11     37 220 478                                            13                         MAR
quarter. The suburb, with a median of $499,999, is a more
affordable option for many buyers than Holland Park but
                                                                                       GOLD COAST HOUSE SALES
largely provides the same amenities, types of properties
and attractive undulating location.                                            <$350,000             $350,000+              $500,000+        $1m+
                                                                          BRISBANE SURROUNDS' UNIT SALES
Brisbane’s median unit and townhouse price softened 3.1           MAR 12<$250,000BRISBANE CITY LAND 268 $500,000+
                                                                           94       $250,000+
                                                                                       394    $350,000+ SALES 52                 $1m+                          MAR
per cent to $387,750, however sales activity was up more                     <$250,000      $250,000+   $350,000+        $500,000+
                                                                  MAR 12
                                                                   DEC 11      116
                                                                               77         329 155       226        5163      14 0                              MAR
                                                                                                                                                               DEC
than 20 per cent compared to the previous quarter.                MAR 12       49             82                    40          8                              MAR
                                                                  DEC 11
                                                                    SEP 11     78
                                                                               76         130399           75 264     16 0
                                                                                                                         53                                     DEC
                                                                                                                                                                SEP
The inner-city suburb of West End recorded positive unit           DEC 11      31       66               20     9                                              DEC
                                                                   SEP 11      101        346159                   54      19 2                                  SEP
price growth over the quarter with its median price up 6.7         JUN 11
                                                                   SEP 11
                                                                               68
                                                                               52              51
                                                                                                         243
                                                                                                           22     12
                                                                                                                     56                                         JUN
                                                                                                                                                                SEP
per cent to $587,000.                                             JUN 11       81          155                  61      23                                      JUN
                                                                  MAR 11
                                                                   JUN 11      25
                                                                               28       371
                                                                                       32         25  8     350           36                                   MAR
                                                                                                                                                               JUN
Another solid performer was also in the inner-city with           MAR 11       71        143                58      14 3                                       MAR
                                                                  MAR 11       21    28       8 6                                                              MAR
Spring Hill’s median unit price increasing 6.4 per cent to        INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
$372,500.
                                                                                       SUNSHINE COAST HOUSE SALES
                                                                                       GOLD COAST UNIT SALES
VACANT LAND MARKET                                                        BRISBANE$250,000+ $350,000+ $500,000+ $1m+
                                                                          <$250,000
                                                                          <$350,000    SURROUNDS' LAND SALES
                                                                                       $350,000+    $500,000+     $1m+
                                                              RENTAL MARKET
                                                                        <$250,000     $250,000+     $350,000+      $500,000+
Over the quarter, the Brisbane vacant land market               MAR 12 108
                                                                MAR 12    136     288    326     238       165 131 24 36                                       MAR
                                                                                                                                                               MAR
                                                                 MAR 12    304                              72 8 2                                             MAR
recorded a significant increase in sales activity, with a     In Brisbane, the vacancy rate has reduced to 1.7 per cent,
                                                                   DEC 11 81
                                                                           345 242 258
                                                                    DEC 11 105             188 132 11925 45
                                                                  DEC 11                                                                                       DEC
                                                                                                                                                               DEC
number of land releases in some of the city’s outer-lying     from 2.3 per cent in December last year. Brisbane’s inner-
                                                                                                           56 14 3                                             DEC

suburbs.                                                      city SEP 11 98 a vacancy 325 of 1.4 23149168 6 down from
                                                                   recorded
                                                                    SEP 11 140
                                                                    SEP 11 278   349   rate       per cent, 146
                                                                                                        14     22    34                                         SEP
                                                                                                                                                                SEP
                                                                                                                                                                SEP
                                                              1.9 per cent in December.
The highest increases in activity were recorded in the              JUN 11
                                                                   JUN 11
                                                                    JUN 11      313
                                                                               61
                                                                               131         312259                      167
                                                                                                                       270           40 18 174
                                                                                                                                     24    4              38    JUN
                                                                                                                                                               JUN
suburbs of Wakerley, Fitzgibbon and Upper Kedron. Some        Across11 216the capital city, the majority of agents report
                                                                   MAR         82                                47
                                                                                                              267 9 5 20 134
                                                              vacant listings 307 269one to two154
                                                                  MAR 11 55
                                                                 MAR 11                                                              33                        MAR
                                                                                                                                                               MAR
upper-end sales in Bulimba, Bridgeman Downs and                                      taking                         weeks to let, with
Doolandella also contributed to the overall increase in       between twoLOGAN,five applicants per listing.
                                                                 Includes REDLAND,
                                                                                   to IPSWICH & MORETON BAY REGIONAL
Brisbane’s median over the quarter.                           Agents from REIQ accredited agencies in inner Brisbane
                                                                                 GOLD COAST LAND SALES
The most prevalent trend for the Brisbane land market is      report supply levels remaining limited asSALES stay put,
                                                                                SUNSHINE COAST UNIT tenants
                                                                        <$250,000    $250,000+     $350,000+ $500,000+
                                                                                                                 $500,000+$1m+
that sales volumes have more than doubled compared to         students are settled $250,000+ and potential first home
                                                                         <$250,000 for the year, $350,000+

the March quarter last year, and are back to levels seen      buyers 12 60 for131wait-and-see 25
                                                                 MAR still 70
                                                                 MAR 12
                                                                            opt   a               approach. 6211
                                                                                                   85      13          11                                      MAR
                                                                                                                                                               MA
prior to the floods.                                          For middle 47 outer Brisbane suburbs, stable rents have
                                                                  DEC 11  to
                                                                         39           44             12 15                                                      DEC
                                                                  DEC 11      119            78         42    10                                                 DE
                                                              ensured vacancies are re-let relatively quickly while also
                                                                  SEP 11 42                   62             15 10                                              SEP
                                                              encouraging current tenants to stay put.
                                                                  SEP 11 55    131              102           52    11                                           SE
                                                                    JUN 11      43                       18        11       7                                   JUN
                                                              Investor activity 114
                                                                  JUN 11 41     across Brisbane remains63
                                                                                             96         subdued, with
                                                                                                              14                                                 JU
                                                              some inner17 agents reporting a decline in investor
                                                                  MAR 11  city 20      3 15                                                                    MAR
                                                                  MAR 11 62        118          97        64     22                                            MA
                                                              interest.
     Please see page 41 for legend and further notes                                                                                  March Quarter 2012
6




    BRISBANE CITY
    MEDIAN SALES DATA                                                                            MEDIAN SALES DATA
    Suburb/	                   Number of	      Mar	     change	   12 mths to 	 change	 change    Suburb/	               Number of	     Mar	      change	    12 mths to 	 change	 change
    Locality	                  Sales Mar	      Qtr	      over	    the end of	   over	   over     Locality	              Sales Mar	     Qtr	       over	     the end of	   over	   over
    	                           Qtr 2012	     2012	       qtr	    Mar 2012	      1yr	   5yrs     	                       Qtr 2012	    2012	        qtr	     Mar 2012	      1yr	   5yrs

    HOUSES                                                                                       HOUSES continued
    BRISBANE CITY (LGA)	        1,910	      $505,000	    1.2%	    $510,000	   -4.7%	    29.1%    GAYTHORNE	                  8	           N/A	N/A	$525,000	N/A	29.8%

    BRISBANE CITY (LGA) ^ ~	       42	      $832,500	 -11.2%	     $958,812	 -11.0%	     12.8%    GEEBUNG ~	                 11	$410,000	2.5%	$402,629	-11.5%	22.0%

    ACACIA RIDGE	                  18	 $305,000	-1.6%	 $313,500	-3.5%	 20.1%                     GORDON PARK	                5	           N/A	      N/A	    $607,000	     4.2%	    34.1%

    ALDERLEY ~	                    12	$636,000	24.7%	$585,000	-9.9%	27.2%                        GRACEVILLE	                14	$505,000	 N/A	$655,000	-7.1%	27.8%

    ALGESTER	                      17	 $397,500	-0.6%	 $397,000	-4.6%	 22.2%                     GRANGE	                     7	           N/A	 N/A	 $680,000	4.6%	28.3%

    ANNERLEY	                      15	$535,000	-3.2%	$535,000	-10.1%	22.4%                       GREENSLOPES ~	             12	$550,000	-13.9%	$565,000	-0.4%	22.8%

    ASCOT ~	                       11	 $628,000	-30.2%	 $920,000	-23.3%	 -8.2%                   HAMILTON ~	                 4	           N/A	      N/A	    $880,000	    -13.1%	   -19.1%

    ASHGROVE ~	                    22	$690,800	12.8%	$671,000	-2.8%	25.2%                        HAWTHORNE ~	               15	$735,000	-17.6%	$826,250	7.0%	23.6%

    ASPLEY	                        20	$470,000	-5.1%	$475,000	2.2%	28.2%                         HEMMANT ~	                  6	           N/A	      N/A	    $378,500	    -11.5%	   16.5%

    AUCHENFLOWER	                   7	           N/A	 N/A	 $818,750	6.5%	36.0%                   HENDRA ~	                   9	           N/A	      N/A	    $778,750	     -2.7%	   33.1%

    BALD HILLS	                    18	$372,500	4.9%	$356,000	-8.7%	26.2%                         HOLLAND PARK ~	            25	      $499,999	    9.3%	     $500,000	     -5.8%	   27.2%

    BALMORAL ~	                    11	$639,000	-14.9%	$720,750	-9.7%	24.3%                       HOLLAND PARK WEST ~	       12	      $544,500	      N/A	    $520,000	    -10.3%	   40.5%

    BANYO	                         14	 $379,500	-2.3%	 $408,500	-4.1%	 20.7%                     INALA	                     20	 $271,500	-3.0%	 $280,000	-3.4%	 33.2%

    BARDON	                        24	$775,000	4.0%	$737,900	-1.3%	33.6%                         INDOOROOPILLY	             13	$700,000	4.5%	$742,000	5.4%	29.0%

    BELLBOWRIE	                     5	           N/A	 N/A	 $465,000	-2.1%	 25.0%                 JAMBOREE HEIGHTS	           5	           N/A	      N/A	    $405,000	     -2.5%	   24.6%

    BELMONT ~	                      6	           N/A	      N/A	   $540,000	   -14.3%	   23.4%    JINDALEE	                  14	 $472,500	-1.5%	 $474,000	-8.1%	 28.1%

    BOONDALL	                      20	$406,000	3.2%	$403,000	-4.0%	25.0%                         KARANA DOWNS ^	             0	           N/A	      N/A	    $447,500	       N/A	   44.4%

    BRACKEN RIDGE ~	               38	      $433,500	   15.6%	    $399,000	    -3.9%	   22.0%    KEDRON	                    16	$507,500	5.8%	$525,000	-3.9%	38.2%

    BRIDGEMAN DOWNS	               14	$610,500	4.4%	$675,000	-1.6%	22.9%                         KELVIN GROVE	               6	           N/A	      N/A	    $591,500	     -9.0%	   19.5%

    BRIGHTON	                      28	 $377,000	-0.4%	 $395,000	-0.8%	 29.5%                     KENMORE ~	                 23	$570,100	25.3%	$516,250	-5.3%	21.8%

    BULIMBA ~	                     23	$800,000	 N/A	$795,500	-13.1%	 6.1%                        KENMORE HILLS	              6	           N/A	N/A	$660,000	N/A	13.8%

    CALAMVALE	                     29	 $475,000	-2.1%	 $485,000	-3.2%	 23.6%                     KEPERRA	                   17	$405,000	3.8%	$417,582	-4.1%	31.7%

    CAMP HILL	                     38	 $583,750	-4.7%	 $600,000	-6.7%	 30.4%                     KURABY ~	                  14	$548,125	10.7%	$545,000	1.1%	26.5%

    CANNON HILL	                   12	$565,000	 N/A	$585,000	2.6%	36.0%                          LOTA ~	                     2	           N/A	      N/A	    $502,500	     7.1%	    26.9%

    CARINA	                        15	$485,000	7.8%	$480,000	-6.8%	32.2%                         MACGREGOR	                  8	           N/A	 N/A	 $538,000	0.6%	31.2%

    CARINA HEIGHTS	                 8	           N/A	      N/A	   $485,000	    -4.7%	   23.7%    MANLY ~	                    7	           N/A	      N/A	    $555,000	    -15.3%	    7.8%

    CARINDALE	                     28	$570,750	0.3%	$650,000	-6.5%	24.0%                         MANLY WEST	                22	 $447,000	-2.8%	 $468,000	-7.5%	 23.2%

    CARSELDINE ~	                  22	 $470,000	-6.7%	 $495,000	-0.5%	 22.2%                     MANSFIELD	                 22	 $442,500	-2.7%	 $458,000	-9.8%	 19.4%

    CHAPEL HILL	                   17	 $605,300	-2.4%	 $610,000	-6.2%	 13.0%                     MCDOWALL	                   7	           N/A	 N/A	 $542,000	-6.6%	 25.3%

    CHELMER ~	                      3	           N/A	      N/A	   $603,250	   -31.5%	   -10.0%   MIDDLE PARK	               11	$460,000	7.3%	$498,000	-5.9%	29.4%

    CHERMSIDE	                     12	$439,000	 N/A	$460,000	0.5%	29.6%                          MITCHELTON	                21	 $460,000	-6.8%	 $485,000	-8.2%	 26.5%

    CHERMSIDE WEST	                14	$432,500	0.1%	$445,000	-6.3%	25.4%                         MOGGILL	                    7	           N/A	 N/A	 $464,500	-3.4%	 17.6%

    CLAYFIELD ~	                   12	 $880,500	-7.3%	 $875,000	-6.4%	 27.3%                     MOOROOKA	                  20	$482,500	4.7%	$460,500	-7.7%	27.9%

    COOPERS PLAINS	                 7	           N/A	      N/A	   $410,000	    -6.8%	   28.1%    MORNINGSIDE	               17	$600,000	5.3%	$560,000	-8.0%	21.7%

    COORPAROO ~	                   22	$622,500	-13.5%	$617,500	-6.9%	28.6%                       MOUNT GRAVATT	              3	           N/A	      N/A	    $480,000	     -1.0%	   26.3%

    CORINDA ~	                      4	           N/A	      N/A	   $600,000	    1.7%	    45.3%    MOUNT GRAVATT EAST	        30	      $439,000	    -3.6%	    $460,000	     -3.2%	   28.5%

    DARRA	                          5	           N/A	 N/A	 $367,500	3.5%	46.4%                   MURARRIE	                  11	$537,000	 N/A	$471,250	-4.8%	17.8%

    DEAGON ~	                       8	           N/A	      N/A	   $340,250	   -19.2%	   23.7%    NEW FARM	                   8	           N/A	      N/A	   $1,160,000	    -2.1%	   31.8%

    DOOLANDELLA * ~	                3	           N/A	      N/A	   $363,250	   -17.4%	   31.9%    NEWMARKET	                 12	$615,000	 N/A	$647,750	-9.4%	28.1%

    DREWVALE	                      18	$480,500	 N/A	$455,000	-6.6%	21.7%                         NORMAN PARK	               12	 $620,000	-4.6%	 $640,000	-8.4%	 32.6%

    DURACK ~	                       4	           N/A	      N/A	   $325,000	   -16.5%	   26.6%    NORTHGATE	                 12	 $430,000	-0.3%	 $437,500	-8.9%	 16.7%

    EAST BRISBANE	                  6	           N/A	      N/A	   $623,000	    -5.3%	   18.8%    NUDGEE	                    10	$462,000	 N/A	$495,000	1.6%	59.7%

    EIGHT MILE PLAINS	             19	      $560,000	    -4.4%	   $577,000	    -3.8%	   37.4%    NUNDAH ~	                  11	$580,000	33.7%	$527,000	-8.7%	24.0%

    ENOGGERA	                       9	           N/A	 N/A	 $542,500	-6.9%	 21.6%                 OXLEY	                     10	 $400,000	-5.2%	 $425,000	-5.6%	 21.4%

    EVERTON PARK	                  20	 $438,000	-3.7%	 $460,000	-8.9%	 29.2%                     PADDINGTON	                20	$743,500	8.5%	$757,000	-4.2%	36.8%

    FERNY GROVE	                    8	           N/A	      N/A	   $505,000	    2.0%	    33.8%    PARKINSON	                 32	$501,500	1.6%	$493,000	-6.5%	28.7%

    FIG TREE POCKET	               10	      $692,500	      N/A	   $730,000	    -7.3%	   23.7%    PULLENVALE ^	               4	           N/A	      N/A	   $1,040,000	    -6.5%	   25.7%

    FITZGIBBON	                     8	           N/A	 N/A	 $389,000	-6.5%	 10.4%                 RED HILL	                   9	           N/A	      N/A	    $685,000	     3.0%	    31.7%

    FOREST LAKE	                   60	$365,000	0.4%	$376,000	-5.3%	19.4%                         RIVERHILLS	                 9	           N/A	 N/A	 $405,300	-9.2%	 25.5%


            Please see page 41 for legend and further notes                                                                                                    March Quarter 2012
7




BRISBANE CITY
MEDIAN SALES DATA                                                                           MEDIAN SALES DATA
Suburb/	                   Number of	      Mar	     change	   12 mths to 	 change	 change   Suburb/	              Number of	     Mar	      change	   12 mths to 	 change	 change
Locality	                  Sales Mar	      Qtr	      over	    the end of	   over	   over    Locality	             Sales Mar	     Qtr	       over	    the end of	   over	   over
	                           Qtr 2012	     2012	       qtr	    Mar 2012	      1yr	   5yrs    	                      Qtr 2012	    2012	        qtr	    Mar 2012	      1yr	   5yrs

HOUSES continued                                                                            UNITS & TOWNHOUSES continued
ROBERTSON	                      7	           N/A	 N/A	 $640,000	-5.9%	 12.7%                BULIMBA	                  16	$537,500	 N/A	$525,000	-4.5%	22.8%

ROCKLEA ~	                      6	           N/A	      N/A	   $270,000	   -23.4%	   -1.8%   CALAMVALE	                 9	           N/A	 N/A	 $370,000	3.5%	21.3%

RUNCORN	                       17	 $410,000	-0.4%	 $422,500	-1.7%	 34.1%                    CAMP HILL	                10	$382,500	N/A	                    N/A	N/A	 N/A

SALISBURY	                     13	$430,000	 N/A	$415,000	-7.8%	23.1%                        CARINA *	                 23	$459,000	10.6%	$420,000	-2.3%	15.1%

SANDGATE	                       7	           N/A	 N/A	 $523,250	-0.8%	 36.8%                CARINA HEIGHTS * t	       20	      $451,000	      N/A	   $442,500	    7.1%	    22.6%

SEVEN HILLS	                    6	           N/A	      N/A	   $592,000	    1.2%	    27.1%   CARINDALE * t 	            9	           N/A	      N/A	   $429,500	   -16.9%	   24.1%

SEVENTEEN MILE ROCKS	           8	           N/A	      N/A	   $600,000	    4.3%	    23.7%   CARSELDINE * t	            4	           N/A	      N/A	   $387,500	      N/A	   44.6%

SHERWOOD	                       8	           N/A	 N/A	 $710,000	-1.1%	 29.1%                CHERMSIDE *	              26	$347,500	-12.0%	$408,500	-5.3%	18.9%

SINNAMON PARK ~	               17	      $607,000	   13.7%	    $580,000	    -7.2%	   27.5%   CLAYFIELD * t	            36	      $368,500	    0.6%	    $367,000	    2.8%	    33.5%

ST LUCIA ~	                     3	           N/A	      N/A	   $943,000	   -13.9%	   30.5%   COORPAROO	                33	 $358,000	-4.8%	 $362,000	-3.5%	 29.3%

STAFFORD ~	                    22	$435,000	 N/A	$435,000	-12.0%	24.3%                       DOOLANDELLA * t	           4	           N/A	      N/A	   $346,000	    2.5%	      N/A

STAFFORD HEIGHTS	              13	 $425,000	-1.2%	 $432,000	-7.4%	 17.1%                    EAST BRISBANE	             6	           N/A	      N/A	   $416,000	    -8.1%	   37.5%

STRETTON ~	                     7	           N/A	      N/A	   $675,000	    9.1%	    45.6%   EIGHT MILE PLAINS	         9	           N/A	      N/A	   $357,000	    -8.0%	   36.3%

SUNNYBANK	                     20	$503,500	7.4%	$500,000	-6.6%	27.2%                        ENOGGERA * t	              6	           N/A	      N/A	   $400,000	    0.4%	    21.2%

SUNNYBANK HILLS ~	             19	      $418,000	   -13.8%	   $480,000	    -1.0%	   30.4%   EVERTON PARK ~ *	         13	      $440,000	   19.2%	    $367,000	   -10.5%	   28.1%

TAIGUM	                         4	           N/A	 N/A	 $403,750	-9.1%	 14.4%                FITZGIBBON * t	            7	      $387,500	      N/A	   $358,200	      N/A	     N/A

TARINGA ~	                      8	           N/A	      N/A	   $670,000	   -10.1%	    9.8%   FORTITUDE VALLEY	         27	$405,000	-3.6%	$399,000	0.3%	17.4%

TARRAGINDI	                    22	$519,838	0.0%	$545,000	-5.4%	30.4%                        GAYTHORNE *	               7	           N/A	      N/A	   $405,250	   12.6%	    39.1%

THE GAP	                       40	 $511,250	-3.6%	 $535,500	-2.9%	 28.3%                    GORDON PARK *	             6	           N/A	      N/A	   $385,000	    8.5%	    33.6%

TINGALPA	                      25	 $410,000	-3.0%	 $416,000	-3.3%	 19.9%                    GREENSLOPES	              15	$320,000	 N/A	$339,000	-7.8%	30.4%

TOOWONG	                        9	           N/A	 N/A	 $660,000	-4.5%	 27.5%                HAMILTON * f	             10	      $405,000	    -2.4%	   $428,750	   -12.5%	    9.9%

UPPER KEDRON	                   4	           N/A	      N/A	   $532,250	    -1.4%	   23.8%   HAWTHORNE	                 7	           N/A	 N/A	 $441,000	3.7%	27.5%

UPPER MOUNT GRAVATT	           18	      $449,750	    -4.6%	   $475,000	    0.7%	    40.1%   HIGHGATE HILL ~	           6	           N/A	      N/A	   $420,000	    -9.7%	    8.8%

VIRGINIA	                       4	           N/A	 N/A	 $449,500	3.0%	36.2%                  HOLLAND PARK WEST	         5	           N/A	      N/A	   $385,000	    6.6%	    32.8%

WAKERLEY	                      26	$622,500	8.3%	$625,500	1.7%	42.3%                         INDOOROOPILLY ~	          14	$410,000	-15.8%	$450,000	-0.7%	28.6%

WAVELL HEIGHTS	                26	$500,000	4.7%	$513,500	-6.0%	35.3%                        KANGAROO POINT ~ f	       29	      $393,500	   -26.4%	   $435,000	   -15.9%	    3.6%

WEST END ~	                     9	           N/A	      N/A	   $703,000	   -11.3%	   27.8%   KEDRON	                    8	           N/A	 N/A	 $358,750	3.4%	35.4%

WESTLAKE	                       9	           N/A	 N/A	 $604,000	-4.1%	 29.5%                KELVIN GROVE *	           17	      $400,000	   -17.9%	   $455,000	    9.6%	    30.0%

WILSTON ~	                      7	           N/A	      N/A	   $718,250	   -16.1%	   18.1%   MANLY WEST * t	           11	      $430,000	      N/A	   $370,000	      N/A	   39.6%

WINDSOR ~	                     10	$614,500	14.1%	$615,000	-10.2%	30.2%                      MOOROOKA * t	             14	      $357,000	      N/A	   $385,000	    -8.3%	   52.5%

WISHART ~	                     20	$509,500	-11.1%	$548,000	4.7%	38.7%                       MORNINGSIDE	              25	 $415,000	-3.5%	 $429,000	-6.1%	 20.8%

WOOLLOONGABBA ~	                7	           N/A	      N/A	   $563,500	   -15.8%	   18.6%   MOUNT GRAVATT EAST	       13	      $385,000	      N/A	   $400,000	    4.8%	    37.9%

WOOLOOWIN ~	                    8	           N/A	      N/A	   $666,000	   -11.1%	   26.3%   NEW FARM	                 28	$477,500	6.1%	$499,000	-5.8%	27.9%

WYNNUM	                        28	$450,000	7.1%	$475,000	-8.7%	20.3%                        NEWMARKET *	               6	           N/A	N/A	$370,000	N/A	13.8%

WYNNUM WEST ~	                 26	      $408,500	   11.9%	    $410,000	    -6.7%	   19.9%   NEWSTEAD ~ * f	           18	      $475,750	   -10.0%	   $530,000	    2.1%	    17.9%

YERONGA ~	                      6	           N/A	      N/A	   $560,000	   -16.8%	    8.7%   NORTHGATE	                 9	           N/A	 N/A	 $382,500	7.7%	42.2%

ZILLMERE	                       6	           N/A	 N/A	 $366,000	-4.9%	 26.4%                NUNDAH ~ *	               31	      $339,000	    -7.1%	   $350,000	    -8.4%	   14.8%

                                                                                            PADDINGTON	               15	$441,000	3.8%	$448,000	1.8%	29.9%
UNITS & TOWNHOUSES                                                                          RED HILL	                  6	           N/A	N/A	$437,250	N/A	36.0%

BRISBANE CITY (LGA)	        1,180	      $387,750	   -3.1%	    $395,000	   -3.7%	    20.4%   RICHLANDS * t	            15	      $335,000	    -4.6%	   $336,450	    -3.7%	     N/A

ALDERLEY	                       7	           N/A	 N/A	 $382,000	-4.5%	 7.6%                 RUNCORN	                   9	           N/A	 N/A	 $310,000	-6.1%	 34.2%

ANNERLEY * t	                  23	      $405,000	    -5.3%	   $392,000	    3.3%	    44.1%   SALISBURY * t	             1	           N/A	      N/A	   $389,000	      N/A	   20.6%

ASCOT	                         15	$376,000	 N/A	$397,750	-2.9%	31.3%                        SHERWOOD *	               13	$419,000	 N/A	$419,000	2.4%	40.6%

ASHGROVE * t	                  10	      $355,000	   -12.3%	   $402,500	    0.6%	    15.5%   SOUTH BRISBANE ~	         15	      $428,000	    -9.4%	   $462,500	    4.6%	    20.1%

ASPLEY ~	                       7	           N/A	      N/A	   $335,000	    -8.8%	   16.4%   SPRING HILL	              32	$372,500	6.4%	$379,500	-3.4%	27.7%

AUCHENFLOWER ~	                19	$360,000	 N/A	$390,000	-10.3%	20.0%                       ST LUCIA ~ *	             19	      $440,000	   10.1%	    $485,000	   10.5%	    33.8%

BALMORAL	                       5	           N/A	N/A	$462,000	N/A	27.2%                     STAFFORD * t	             17	      $389,080	    8.8%	    $389,080	    -2.2%	   46.8%

BOWEN HILLS *	                  9	      $410,000	    -0.5%	   $405,000	    -3.6%	   11.0%   SUNNYBANK * t	             3	           N/A	      N/A	   $385,000	      N/A	   39.5%

BRISBANE CITY *	               82	      $388,000	   -12.8%	   $442,750	    -5.6%	    2.3%   SUNNYBANK HILLS t	         6	           N/A	      N/A	   $357,500	    -3.4%	   45.9%


            Please see page 41 for legend and further notes                                                                                            March Quarter 2012
8




    BRISBANE CITY
    MEDIAN SALES DATA                                                                                   MEDIAN WEEKLY RENTS
    Suburb/	                         Number of	      Mar	     change	   12 mths to 	 change	 change                    Example               Mar Qtr 2012     Mar Qtr 2011




                                                                                                            Postcode
    Locality	                        Sales Mar	      Qtr	      over	    the end of	   over	   over                     Suburb	               Rent     New     Rent     New
    	                                 Qtr 2012	     2012	       qtr	    Mar 2012	      1yr	   5yrs                                           ($)      Bonds   ($)      Bonds

    UNITS & TOWNHOUSES continued                                                                        3 BEDROOM HOUSES continued
    TAIGUM t	                             9	           N/A	      N/A	    $312,500	   -11.1%	    22.1%   4010	ALBION	                         $420	       8	 $430	 10

    TARINGA *	                           48	 $491,000	25.9%	 $475,000	15.9%	 50.7%                      4011	CLAYFIELD	                      $520	45	$460	58

    TENERIFFE ~ f	                       20	      $535,000	     5.9%	    $515,000	    -9.6%	      N/A   4012	NUNDAH	                         $395	70	$380	58

    THE GAP * t	                          3	           N/A	      N/A	    $460,000	    0.0%	     55.9%   4030	LUTWYCHE	                       $450	70	$430	57

    TOOWONG	                             21	$403,000	-6.7%	$420,000	0.5%	23.7%                          4031	GORDON PARK	                    $405	46	$420	61

    UPPER MOUNT GRAVATT	                  6	           N/A	      N/A	    $415,000	    6.1%	     17.2%   4051	ALDERLEY	                       $450	 98	 $400	 105

    WAKERLEY ~	                           6	           N/A	      N/A	    $400,000	    -9.1%	    19.4%   	              NORTH - OUTER	        $375	    398	    $365	     400

    WEST END * f	                        26	      $587,000	     6.7%	    $560,000	    5.7%	     27.6%   4013	NORTHGATE	                      $395	19	$380	16

    WINDSOR ~	                            7	           N/A	      N/A	    $349,000	    -9.4%	    28.7%   4014	VIRGINIA	                       $375	45	$375	34

    WOOLLOONGABBA *	                     11	$480,000	 N/A	$470,000	11.9%	44.5%                          4017	BRACKEN RIDGE	                  $370	114	$360	123

    WYNNUM	                               6	           N/A	 N/A	 $372,500	-2.0%	 20.2%                  4018	FITZGIBBON	                     $380	22	$365	22

    YEERONGPILLY g	                      10	$393,750	 N/A	$401,000	 N/A	18.3%                           4032	CHERMSIDE	                      $375	53	$375	61

    YERONGA	                              6	           N/A	 N/A	 $399,000	-4.8%	 12.4%                  4034	ASPLEY	                         $380	126	$360	117

    ZILLMERE	                             4	           N/A	 N/A	 $373,500	1.1%	44.3%                    4036	 HILLS	
                                                                                                             BALD                            $360	19	$340	27

                                                                                                        	              NORTH WEST - INNER	   $490	    147	    $470	     168
    VACANT URBAN LAND                                                                                   4059	KELVIN GROVE	                   $505	64	$480	83
    BRISBANE CITY (LGA) * ~	            179	      $300,000	    7.3%	    $278,000	    -7.3%	    16.3%    4060	ASHGROVE	                       $450	44	$435	49
    BRISBANE CITY (LGA) ^ ~	             13	           N/A	     N/A	    $655,000	    -6.4%	    -18.6%   4065	BARDON	                         $480	39	$530	36
    BRIDGEMAN DOWNS *	                    8	      $347,500	     8.0%	    $336,500	      N/A	    16.6%   	              NORTH WEST - OUTER	   $395	    276	    $390	     265
    BULIMBA *	                            5	$485,000	N/A	                     N/A	N/A	 N/A              4053	STAFFORD	                       $395	158	$390	169
    DOOLANDELLA ~ *	                     11	      $224,500	   12.3%	     $230,000	    -2.1%	    39.4%   4054	ARANA HILLS	                    $380	75	$380	51
    DREWVALE *	                           6	$252,500	0.2%	$256,000	 N/A	38.4%                           4061	 GAP	
                                                                                                             THE                             $430	43	$400	45
    DURACK *	                             6	$232,250	1.0%	$229,000	8.0%	 N/A                            	              SOUTH - INNER	        $400	    415	    $390	     449
    FITZGIBBON ~ * G	                    21	 $192,000	-12.6%	 $186,950	-16.3%	                   9.5%   4103	ANNERLEY	                       $440	64	$420	51
    MOGGILL *	                            7	$242,000	 N/A	$255,000	-2.9%	34.2%                          4104	YERONGA	                        $450	23	$440	26
    RIVERHILLS *	                         2	           N/A	N/A	$262,000	N/A	 N/A                        4105	MOOROOKA	                       $380	62	$390	62
    UPPER KEDRON	                         7	$305,000	N/A	                     N/A	N/A	 N/A              4120	GREENSLOPES	                    $440	31	$445	43
    WAKERLEY *	                          16	$318,000	6.0%	$317,000	-6.8%	22.4%                          4121	HOLLAND PARK	                   $420	100	$395	101

                                                                                                        4122	MANSFIELD	                      $380	135	$375	162
    MEDIAN WEEKLY RENTS                                                                                 	              SOUTH - OUTER	        $365	    302	    $360	     322
                    Example                                         Mar Qtr 2012      Mar Qtr 2011
        Postcode




                                                                                                        4106	ROCKLEA	                        $340	 12	 $335	              8
                    Suburb	                                         Rent     New      Rent     New
                                                                    ($)      Bonds    ($)      Bonds    4107	SALISBURY	                      $350	26	$355	34

                                                                                                        4108	COOPERS PLAINS	                 $380	21	$360	26
    3 BEDROOM HOUSES
    	               BRISBANE CITY	                                  $400	3395	 $390	3396                4109	MACGREGOR	                      $380	111	$360	107

    	               BAYSIDE	                                        $390	149	$380	146                   4110	ACACIA RIDGE	                   $340	45	$335	44

    4178	WYNNUM	                                                    $390	92	$375	97                     4113	          EIGHT MILE PLAINS	    $365	      49	   $360	      64

    4179	MANLY	                                                     $380	57	$380	49                     4115	ALGESTER	                       $380	21	$365	13

    	               CITY INNER	                                     $505	372	$480	358                   4116	CALAMVALE	                      $410	15	$385	20

    4000	BRISBANE CITY	                                             $520	26	$510	26                     	              SOUTH EAST - INNER	   $440	    364	    $420	     332

    4005	 FARM	
         NEW                                                        $600	20	$540	23                     4151	COORPAROO	                      $475	55	$440	37

    4006	BOWEN HILLS	                                               $520	15	$500	19                     4152	CAMP HILL	                      $420	136	$395	113

    4064	PADDINGTON	                                                $515	98	$495	73                     4170	          CANNON HILL	          $440	     103	   $425	      99

    4066	TOOWONG	                                                   $480	63	$460	73                     4171	BALMORAL	                       $470	54	$475	62

    4067	 LUCIA	
         ST                                                         $450	39	$480	43                     4172	MURARRIE	                       $400	16	$375	21

    4101	WEST END	                                                  $540	36	$495	32                     	              SOUTH EAST - OUTER	   $390	      44	   $395	      50

    4102	WOOLOONGABBA	                                              $500	33	$470	32                     4154	GUMDALE	                        $450	       7	 $460	 10

    4169	 BRISBANE	
         EAST                                                       $475	42	$500	37                     4173	TINGALPA	                       $385	28	$390	29

    	               NORTH - INNER	                                  $430	    363	      $420	    375     4174	          HEMANT	               $385	       5	    n.a.	      4

    4007	ASCOT	                                                     $480	23	$560	23


                   Please see page 41 for legend and further notes                                                                                   March Quarter 2012
9




BRISBANE CITY
MEDIAN WEEKLY RENTS                                                                      MEDIAN WEEKLY RENTS
                Example                               Mar Qtr 2012      Mar Qtr 2011                    Example               Mar Qtr 2012     Mar Qtr 2011
    Postcode




                                                                                             Postcode
                Suburb	                               Rent     New      Rent     New                    Suburb	               Rent     New     Rent     New
                                                      ($)      Bonds    ($)      Bonds                                        ($)      Bonds   ($)      Bonds

3 BEDROOM HOUSES continued                                                               2 BEDROOM UNITS continued
	               SOUTH WEST - INNER	                   $430	      174	   $420	     138    4103	ANNERLEY	                       $340	136	$330	116

4068	CHELMER	                                         $475	89	$450	72                    4104	YERONGA	                        $350	30	$330	42

4075	CORINDA	                                         $390	85	$380	66                    4105	MOOROOKA	                       $345	69	$340	72

	               SOUTH WEST - OUTER	                   $350	      391	   $350	     393    4120	GREENSLOPES	                    $340	96	$330	92

4069	BROOKFIELD	                                      $440	44	$440	65                    4121	HOLLAND PARK	                   $340	44	$340	38

4070	ANSTEAD	                                         $365	13	$340	12                    4122	MANSFIELD	                      $385	 88	 $370	 105

4073	           SEVENTEEN MILE ROCKS	                 $395	       19	   $380	      14    	              SOUTH - OUTER	        $325	     60	    $335	      65

4074	JINDALEE	                                        $380	80	$370	70                    4106	          ROCKLEA	              $307	       6	    n.a.	      4

4076	DARRA	                                           $320	37	$300	34                    4107	          SALISBURY	            $292	      12	    n.a.	      4

4077	DOOLANDELLA	                                     $305	71	$300	81                    4108	          COOPERS PLAINS	       $300	       6	    n.a.	      1

4078	FOREST LAKE	                                     $345	127	$345	117                  4109	MACGREGOR	                      $390	28	$385	41

                                                                                         4115	ALGESTER	                       $285	       5	 $295	 11

2 BEDROOM UNITS                                                                          	              SOUTH EAST - INNER	   $360	    473	    $350	     409

	               BRISBANE CITY	                        $390	5095	 $375	5090               4151	COORPAROO	                      $350	171	$340	173

	               BAYSIDE	                              $320	45	$300	57                    4152	CAMP HILL	                      $360	64	$360	42

4178	WYNNUM	                                          $320	27	$300	43                    4170	          CANNON HILL	          $375	     119	   $350	      89

4179	MANLY	                                           $300	18	$300	14                    4171	BALMORAL	                       $410	118	$370	105

	               CITY INNER	                           $455	2133	 $450	2175               	              SOUTH EAST - OUTER	   $360	     11	    $325	       9

4000	BRISBANE CITY	                                   $580	300	$540	390                  4173	TINGALPA	                       $360	 11	 $325	              8

4005	NEW FARM	                                        $475	308	$475	270                  	              SOUTH WEST - INNER	   $375	    394	    $360	     445

4006	BOWEN HILLS	                                     $480	272	$460	249                  4068	CHELMER	                        $380	342	$360	401

4064	PADDINGTON	                                      $380	75	$375	80                    4075	CORINDA	                        $320	52	$320	44

4066	TOOWONG	                                         $390	327	$390	345                  	              SOUTH WEST - OUTER	   $320	     19	    $320	      15

4067	 LUCIA	
     ST                                               $400	260	$400	268                  4078	          FOREST LAKE	          $340	       8	   $335	      13

4101	WEST END	                                        $500	311	$500	313

4102	WOOLOONGABBA	                                    $480	64	$400	55                    3 BEDROOM TOWNHOUSES
                                                                                         	              BRISBANE CITY	        $405	1741	 $399	1675
4169	EAST BRISBANE	                                   $420	216	$420	204
                                                                                         	              BAYSIDE	              $385	88	$375	75
	               NORTH - INNER	                        $355	      914	   $340	     879
                                                                                         4178	WYNNUM	                         $380	46	$370	43
4007	ASCOT	                                           $420	183	$360	119
                                                                                         4179	MANLY	                          $400	42	$395	32
4010	ALBION	                                          $360	26	$350	17
                                                                                         	              CITY INNER	           $575	    110	    $565	      88
4011	CLAYFIELD	                                       $350	163	$330	164
                                                                                         4000	BRISBANE CITY	                  $590	5	$750	6
4012	NUNDAH	                                          $360	195	$345	210
                                                                                         4006	BOWEN HILLS	                    $625	8	$535	9
4030	LUTWYCHE	                                        $330	128	$320	118
                                                                                         4064	PADDINGTON	                     $590	19	$630	14
4031	GORDON PARK	                                     $325	66	$320	97
                                                                                         4066	TOOWONG	                        $500	24	$510	21
4051	ALDERLEY	                                        $350	153	$340	154
                                                                                         4067	 LUCIA	
                                                                                              ST                              $575	35	$560	14
	               NORTH - OUTER	                        $345	      282	   $330	     316
                                                                                         4101	WEST END	                       $670	14	$630	15
4013	NORTHGATE	                                       $300	30	$285	28
                                                                                         	              NORTH - INNER	        $450	    131	    $450	     132
4014	VIRGINIA	                                        $370	10	$350	14
                                                                                         4007	ASCOT	                          $550	       8	 $500	 10
4017	BRACKEN RIDGE	                                   $280	19	$270	19
                                                                                         4011	CLAYFIELD	                      $550	14	$500	14
4018	FITZGIBBON	                                      $340	        8	 $240	 29
                                                                                         4012	NUNDAH	                         $420	29	$430	28
4032	CHERMSIDE	                                       $380	129	$380	152
                                                                                         4030	LUTWYCHE	                       $460	18	$450	11
4034	ASPLEY	                                          $350	84	$330	74
                                                                                         4031	GORDON PARK	                    $445	29	$430	21
	               NORTH WEST - INNER	                   $410	      221	   $380	     170
                                                                                         4051	ALDERLEY	                       $450	32	$450	48
4059	KELVIN GROVE	                                    $460	161	$385	123

4060	ASHGROVE	                                        $350	50	$360	36

4065	BARDON	                                          $310	10	$290	11
                                                                                         NB Median rents are collated by POSTCODE and are
	               NORTH WEST - OUTER	                   $360	       76	   $330	      79    based upon new bonds lodged for the quarter. The suburb
4053	STAFFORD	                                        $370	73	$330	75                    listed is an example of one of the suburbs found within
	               SOUTH - INNER	                        $350	      467	   $340	     471    that postcode.
               Please see page 41 for legend and further notes                                                                        March Quarter 2012
10




     BRISBANE CITY
     MEDIAN WEEKLY RENTS                                                                      MEDIAN WEEKLY RENTS
                     Example                               Mar Qtr 2012      Mar Qtr 2011                    Example                 Mar Qtr 2012     Mar Qtr 2011
         Postcode




                                                                                                  Postcode
                     Suburb	                               Rent     New      Rent     New                    Suburb	                 Rent     New     Rent     New
                                                           ($)      Bonds    ($)      Bonds                                          ($)      Bonds   ($)      Bonds

     3 BEDROOM TOWNHOUSES continued                                                           3 BEDROOM TOWNHOUSES continued
     	               NORTH - OUTER	                        $375	      196	   $370	     185    4112	KURABY	                           $360	34	$360	35

     4013	NORTHGATE	                                       $440	17	$390	14                    4113	          EIGHT MILE PLAINS	      $390	     167	   $390	     180

     4017	BRACKEN RIDGE	                                   $360	60	$355	45                    4115	ALGESTER	                         $360	44	$350	49

     4018	FITZGIBBON	                                      $370	35	$360	28                    4116	CALAMVALE	                        $375	61	$365	72

     4032	CHERMSIDE	                                       $440	30	$435	43                    	              SOUTH EAST - INNER	     $450	    242	    $440	     202

     4034	ASPLEY	                                          $375	54	$370	55                    4151	COORPAROO	                        $480	13	$465	17

     	               NORTH WEST - INNER	                   $500	       24	   $505	      25    4152	CAMP HILL	                        $435	116	$415	100

     4059	KELVIN GROVE	                                    $480	13	$520	12                    4170	CANNON HILL	                      $470	71	$440	47

     4060	ASHGROVE	                                        $455	7	$450	8                      4171	BALMORAL	                         $530	29	$530	29

     	               NORTH WEST - OUTER	                   $405	       75	   $410	      66    4172	MURARRIE	                         $480	 13	 $465	              9

     4053	STAFFORD	                                        $405	56	$410	54                    	              SOUTH EAST - OUTER	     $400	     50	    $405	      93

     4054	ARANA HILLS	                                     $350	8	$360	5                      4153	BELMONT	                          $420	       5	 $415	 18

     4061	           THE GAP	                              $440	       11	   $430	       7    4154	GUMDALE	                          $400	34	$415	53

     	               SOUTH - INNER	                        $430	      169	   $410	     170    4173	TINGALPA	                         $375	11	$370	22

     4103	ANNERLEY	                                        $480	28	$450	39                    	              SOUTH WEST - INNER	     $470	      97	   $475	      81

     4104	YERONGA	                                         $430	 11	 $425	               9    4068	CHELMER	                          $525	46	$530	43

     4105	MOOROOKA	                                        $440	28	$430	33                    4075	CORINDA	                          $400	51	$380	38

     4120	GREENSLOPES	                                     $500	 21	 $500	               9    	              SOUTH WEST - OUTER	     $350	    158	    $340	     127

     4121	HOLLAND PARK	                                    $460	15	$405	16                    4069	          BROOKFIELD	             $425	       5	    n.a.	      1

     4122	MANSFIELD	                                       $405	65	$395	63                    4073	          SEVENTEEN MILE ROCKS	   $410	      17	   $395	      22

     	               SOUTH - OUTER	                        $380	      401	   $375	     431    4074	JINDALEE	                         $480	27	$435	16

     4107	SALISBURY	                                       $470	 11	 $470	               9    4076	          DARRA	                  $330	       5	    n.a.	      1

     4109	MACGREGOR	                                       $410	73	$385	84                    4077	DOOLANDELLA	                      $345	82	$330	47

     4110	           ACACIA RIDGE	                         $340	        8	    n.a.	      2    4078	FOREST LAKE	                      $340	22	$330	38




     GREATER BRISBANE
     HOUSE AND UNIT MARKET
     In Brisbane’s surrounding council areas, there was an                                    Logan City’s median house price decreased 1.8 per cent
     increase in sales in the under $350,000 price range as                                   to $335,000. One of the suburbs to record price growth
     well as in the $500,000 to $1 million bracket over the                                   was Hillcrest with an increase of 9.8 per cent to $365,000.
     March quarter. Sales activity was also up 5 per cent                                     Developed mostly in the early 1980’s, the majority of
     compared to the December quarter.                                                        properties are three-bedroom brick-and-tile homes
                                                                                              favoured by families. First home buyers have also moved
     Ipswich’s median house price was flat at $300,000 over
                                                                                              into the area to snap up affordable homes.
     the quarter. A number of Ipswich suburbs performed
     well however two solid performers were Springfield                                       Moreton Bay’s median house price decreased 2.4 per
     Lakes, with median house price growth of 6.4 per cent to                                 cent to $360,000 partly due to the increase in sales of
     $388,500 and North Ipswich, which posted a median price                                  more affordable properties.
     increase of 6.7 per cent to $270,000.                                                    The varying types of properties sold over the March
     Redland City’s median decreased 0.9 per cent to                                          quarter was behind decreases in the median unit and
     $420,000. A steady performer was Redland Bay which                                       townhouse prices across most of Greater Brisbane.
     recorded price growth of 4.2 per cent to $448,000. One                                   In Logan and Redland, the large drop in median was
     of the last coastal areas of Redland Shire to undergo                                    largely due to a shift towards affordable stock. Woodridge
     development, Redland Bay has become increasing                                           in Logan saw an increase in sales – particularly for the
     popular over recent years due to its village atmosphere                                  sub-$250,000 bracket. In Redland, unit sales in Cleveland
     and location right on Moreton Bay.                                                       were down, while more affordable sales in Capalaba were
                                                                                              up.
                    Please see page 41 for legend and further notes                                                                          March Quarter 2012
11




GREATER BRISBANE
                                                                          MEDIAN SALES DATA
Logan recorded the largest increase in sales activity for
                                                                           Suburb/	                  Number of	       Mar	      change	   12 mths to 	 change	 change
the southeast with preliminary sales numbers nearly                        Locality	                 Sales Mar	       Qtr	       over	    the end of	   over	   over
doubling that recorded over the previous quarter.                          	                          Qtr 2012	      2012	        qtr	    Mar 2012	      1yr	   5yrs

                                                                           HOUSES
                                                                           BRISBANE (SD)	             3,652	$425,000	0.0%	$430,000	-5.5%	25.7%
VACANT LAND MARKET
                                                                           BRISBANE (SD) ^	             298	       $519,500	    -0.1%	    $550,000	   -5.2%	    17.0%
Sales volumes across the Brisbane surrounds as a                           						
whole, remained steady over the quarter, however there                     IPSWICH CITY (LGA)	          302	       $300,000	     0.0%	    $305,000	   -4.4%	    23.0%
were mixed results for each of the council areas. Logan
                                                                           IPSWICH CITY (LGA) ^ ~	       35	       $435,000	     9.0%	    $440,000	 -13.2%	     17.3%
and Redland City recorded an increase in activity, while
                                                                           AUGUSTINE HEIGHTS * ~	         7	       $470,000	     4.4%	    $445,000	   -18.3%	     N/A
Moreton Bay and Ipswich saw a decline.
                                                                           BELLBIRD PARK	                 7	$265,000	 N/A	$295,000	-5.6%	18.7%
Activity was strongest on the bay islands, which resulted
                                                                           BRASSALL ~	                   26	$329,050	11.0%	$318,000	-5.1%	15.5%
in a shift in the Redland’s overall median land price. Over
                                                                           BUNDAMBA	                     11	 $253,000	-1.6%	 $265,000	-9.1%	 23.3%
the year ending March however, mainland sales were
                                                                           CAMIRA	                       10	$322,500	0.8%	$325,000	-7.7%	16.7%
strongest and with a number of prestige lots selling, the
annual median was up significantly.                                        CHUWAR ^	                      5	$485,000	N/A	                      N/A	N/A	 N/A

                                                                           COLLINGWOOD PARK	             17	$306,000	 N/A	$309,000	-4.0%	10.4%
In the Moreton Bay area, Lawnton and Caboolture were
                                                                           EAST IPSWICH ~	                5	             N/A	      N/A	   $233,500	   -13.8%	    8.6%
the top performers with some new land estate releases,
seeing Caboolture equal North Lakes as the region’s most                   EASTERN HEIGHTS	               6	             N/A	      N/A	   $278,500	    1.3%	    27.2%

popular suburb.                                                            FLINDERS VIEW	                10	$332,500	3.2%	$336,250	-7.9%	29.3%

                                                                           GOODNA ~	                     11	$288,000	5.9%	$258,000	-12.5%	12.2%

                                                                           IPSWICH	                       5	             N/A	 N/A	 $325,000	2.8%	21.5%
RENTAL MARKET
                                                                           KARALEE ^	                     4	             N/A	      N/A	   $472,500	    -8.3%	   22.7%
For the Greater Brisbane area, vacancy rates remain at
                                                                           LEICHHARDT	                    4	             N/A	 N/A	 $225,000	-6.3%	 20.2%
healthy levels, however slightly tighter conditions were
                                                                           NORTH IPSWICH ~	              17	       $270,000	     6.7%	    $253,000	   -12.7%	    7.7%
recorded for the Logan and Redland City council areas.
                                                                           RACEVIEW	                     18	 $285,000	-0.3%	 $286,000	-8.3%	 19.2%
With a vacancy rate now at 2.3 per cent, local agents                      REDBANK PLAINS	               27	 $270,000	-4.6%	 $280,000	-6.7%	 17.5%
in the Logan area report minimal change to investor
                                                                           SILKSTONE	                     7	$250,000	 N/A	$263,000	-0.8%	22.3%
activity which has resulted in rental stock levels slowly
                                                                           SPRINGFIELD ~	                12	$420,000	10.5%	$370,000	-3.0%	23.3%
being absorbed by current tenant demand. Rental prices
are reportedly beginning to increase as a result, while                    SPRINGFIELD LAKES	            24	$388,500	6.4%	$371,000	-7.0%	 9.4%

vacancies in some areas are taking less than a week to                     YAMANTO *	                    16	 $328,750	-3.3%	 $334,000	-4.6%	 22.1%
fill.                                                                      						

For Redland City, rental properties located on the                         LOGAN CITY (LGA)	            439	       $335,000	    -1.8%	    $340,000	   -5.6%	    23.6%

mainland are becoming scarce, with the vacancy level                       LOGAN CITY (LGA) ^ ~	        100	       $478,000	    -3.4%	    $487,500	   -5.3%	    14.7%

down to 1.6 per cent at the end of March. While the bay                    BAHRS SCRUB ^	                 6	      $2,113,475	      N/A	        N/A	      N/A	     N/A
islands are still in over-supply, the bulk of the Redland                  BEENLEIGH ~	                  18	$269,500	-9.9%	$280,000	-14.2%	10.2%
rental market is experiencing tight conditions, with most                  BERRINBA	                      4	             N/A	 N/A	 $390,000	-2.7%	                N/A
vacancies taking one to two weeks to let.
                                                                           BETHANIA	                      7	$305,000	 N/A	$295,000	-2.5%	20.4%
Vacancy levels remained relatively steady for Ipswich                      BORONIA HEIGHTS	              15	$307,000	4.5%	$290,000	-7.1%	18.4%
City, with sufficient supply of rental properties reported.                BROWNS PLAINS	                 9	$270,000	 N/A	$280,500	-9.5%	13.6%
Meanwhile, Moreton Bay’s rental market eased slightly                      CEDAR GROVE ^	                 4	             N/A	      N/A	   $385,000	    -1.9%	   14.6%
to 3 per cent, largely due to weaker conditions reported
                                                                           CEDAR VALE ^	                  4	             N/A	      N/A	   $410,000	    -8.2%	   18.8%
for the Redcliffe area, where agents report a current
                                                                           CORNUBIA ~	                   14	$475,000	5.6%	$435,000	-11.2%	11.5%
oversupply of unit rentals due to the number of new
developments in recent years. Rentals in the Redcliffe                     CRESTMEAD ~	                  17	$280,000	-3.4%	$280,000	-10.3%	14.3%

area are taking around two to four weeks to let.                           DAISY HILL	                   19	$402,000	4.8%	$397,000	-6.6%	21.8%




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                                                       or visit agents.directconnect.com.au
     Please see page 41 for legend and further notes                                                                                        March Quarter 2012
12




     greater brisbane
     MEDIAN SALES DATA                                                                                       MEDIAN SALES DATA
     Suburb/	                      Number of	        Mar	     change	    12 mths to 	 change	 change         Suburb/	                      Number of	           Mar	       change	        12 mths to 	 change	 change
     Locality	                     Sales Mar	        Qtr	      over	     the end of	   over	   over          Locality	                     Sales Mar	           Qtr	        over	         the end of	   over	   over
     	                              Qtr 2012	       2012	       qtr	     Mar 2012	      1yr	   5yrs          	                              Qtr 2012	          2012	         qtr	         Mar 2012	      1yr	   5yrs

     HOUSES continued                                                                                        HOUSES continued
     EAGLEBY ~	                         19	$262,000	5.4%	$250,000	-11.8%	13.8%                               BONGAREE ~ f	                       12	          $306,250	        -5.8%	     $365,000	    -14.1%	        5.8%

     EDENS LANDING	                     15	 $333,000	-9.1%	 $340,500	-5.4%	 17.4%                            BRAY PARK	                          22	 $349,500	-0.1%	 $350,000	-2.8%	 27.3%

     FORESTDALE ^	                       5	$680,000	 N/A	$650,000	-3.0%	20.4%                                BURPENGARY	                         14	 $335,500	-2.8%	 $340,000	-8.1%	 21.4%

     GREENBANK ^ ~	                     22	     $479,500	     -14.0%	     $485,000	         -4.0%	   18.3%   BURPENGARY ^	                       11	$550,000	3.8%	$530,000	-1.1%	20.5%

     HERITAGE PARK	                     11	$375,000	6.4%	$379,000	-2.8%	11.5%                                BURPENGARY EAST ^	                    6	         $474,950	        -0.3%	     $475,000	          N/A	      N/A

     HILLCREST	                         13	$365,000	9.8%	$331,000	-2.6%	28.4%                                CABOOLTURE	                         29	 $264,900	-1.9%	 $285,000	-8.1%	 19.7%

     JIMBOOMBA	                          6	            N/A	 N/A	 $373,000	-4.6%	 26.0%                       CABOOLTURE ^	                       16	 $421,000	-8.5%	 $445,000	-6.5%	 7.2%

     JIMBOOMBA ^	                       18	$426,500	0.4%	$435,000	-9.4%	15.4%                                CABOOLTURE SOUTH ~	                   7	         $220,000	          N/A	     $250,000	    -13.5%	       18.5%

     KINGSTON	                          13	 $227,000	-7.5%	 $250,000	-9.8%	 13.6%                            CASHMERE	                             9	$527,500	 N/A	$548,500	3.5%	30.6%

     LOGAN CENTRAL	                     10	 $264,000	-1.7%	 $260,000	-5.5%	 19.8%                            CLONTARF ~	                         14	$324,000	-6.1%	$330,000	-10.0%	14.2%

     LOGAN VILLAGE ^	                    4	            N/A	       N/A	    $470,000	         -5.5%	   11.9%   DECEPTION BAY	                      35	$275,000	3.8%	$292,000	-7.0%	16.8%

     LOGANHOLME ~	                      17	$295,000	-16.7%	$336,000	-9.2%	20.0%                              EATONS HILL	                        15	$485,000	-1.0%	$519,750	1.4%	21.2%

     LOGANLEA ~	                         4	            N/A	       N/A	    $282,500	     -10.6%	      13.2%   ELIMBAH ^ ~	                          5	         $450,000	    -12.2%	        $479,500	        -4.3%	    14.2%

     MARSDEN *	                         20	 $290,550	-0.7%	 $312,800	-3.8%	 31.3%                            EVERTON HILLS	                      11	$445,000	4.0%	$442,000	-5.9%	30.2%

     MEADOWBROOK	                        5	            N/A	 N/A	 $354,000	-8.1%	 14.2%                       FERNY HILLS	                        24	$431,000	2.0%	$417,500	-8.8%	22.8%

     MOUNT WARREN PARK	                  8	     $333,750	         N/A	    $347,500	         -5.3%	   16.4%   GRIFFIN ~	                            7	$420,000	11.3%	$399,250	-2.6%	21.0%

     MUNRUBEN ^ ~	                       7	     $455,000	     -13.8%	     $475,000	         -4.6%	   14.5%   HIGHVALE ^	                           5	$630,000	N/A	                              N/A	N/A	 N/A

     NEW BEITH ^	                        5	     $488,500	         N/A	    $520,000	         -1.9%	   28.9%   KALLANGUR	                          51	 $320,000	-3.0%	 $329,500	-5.0%	 21.1%

     REGENTS PARK	                      38	 $332,500	-3.2%	 $339,000	-8.0%	 16.9%                            KIPPA-RING	                         19	 $345,000	-0.6%	 $348,750	-0.4%	 22.4%

     ROCHEDALE SOUTH	                   40	$392,000	1.2%	$395,000	-3.9%	24.2%                                LAWNTON	                              8	$315,500	 N/A	$317,500	-8.3%	22.1%

     SHAILER PARK	                      28	 $435,000	-5.4%	 $450,000	-5.3%	 17.8%                            MANGO HILL	                         14	$446,750	5.4%	$430,000	-2.8%	18.8%

     SLACKS CREEK	                      17	 $250,000	-9.6%	 $279,500	-6.8%	 13.2%                            MARGATE ~	                          17	$345,000	-4.2%	$334,500	-13.1%	11.9%

     SPRINGWOOD	                        17	$392,000	3.8%	$391,125	-4.8%	15.0%                                MORAYFIELD	                         33	 $298,000	-3.8%	 $306,750	-5.6%	 15.8%

     TANAH MERAH	                        4	            N/A	       N/A	    $376,500	         -3.5%	   14.4%   MORAYFIELD ^ ~	                     13	          $545,000	        18.2%	     $480,000	    -12.7%	        8.8%

     UNDERWOOD	                         12	$515,000	3.6%	$465,000	4.5%	39.6%                                 MURRUMBA DOWNS	                     22	 $386,000	-3.3%	 $395,000	-8.1%	 19.7%

     WATERFORD ~	                        9	$418,000	15.0%	$385,000	-1.0%	18.8%                               NARANGBA	                           37	$400,000	0.9%	$390,500	-7.5%	13.2%

     WATERFORD WEST	                    10	$296,250	 N/A	$296,500	-7.3%	17.7%                                NARANGBA ^	                           6	$598,500	N/A	                              N/A	N/A	 N/A

     WINDAROO +	                        10	$426,000	 N/A	$405,000	-8.0%	20.9%                                NEWPORT ~ f	                        11	          $780,000	        10.8%	     $732,000	    -10.2%	         N/A

     WOODRIDGE	                          8	 $240,000	-1.0%	 $245,000	-9.3%	 16.8%                            NORTH LAKES	                        53	 $420,000	-5.1%	 $432,000	-2.9%	 12.2%
                             BRISBANE CITY HOUSE SALES                                                                             TOOWOOMBA HOUSE SALES
                                                                                                                                  BRISBANE CITY UNIT SALES
     						                                                                                                  PETRIE	                    21	 $335,000	-8.2%	 $356,000	-7.2%	 21.5%
                           <$350,000          $350,000+            $500,000+                $1m+                              <$350,000
                                                                                                                         <$250,000            $350,000+
                                                                                                                                      $250,000+    $350,000+ $500,000+
                                                                                                                                                               $500,000+                                        $1m+
     MORETON BAY (LGA)	               692	      $360,000	       -2.4%	   $370,000	          -6.6%	   20.1%   REDCLIFFE ~	                        21	$315,000	-1.3%	$324,250	-14.7%	11.8%
          MAR 12    148
     MORETON BAY (LGA) ^	             773
                                      112	             931 2.4%	
                                                $542,500	                $545,000	            58
                                                                                            -8.4%	   14.7%      MAR 12 252
                                                                                                               MAR 12
                                                                                                             ROTHWELL	 42                        570            81187
                                                                                                                                            35514	$350,000	4.3%	$353,500	 14
                                                                                                                                                                         26
                                                                                                                                                                         -8.2%	10.5%                                         MAR
                                                                                                                                                                                                                             MAR

     ALBANY CREEK ~	
            DEC 11         185          36	
                                        788     $471,500	 8582.1%	        $470,000	     -10.1%	
                                                                                          111        20.5%   SAMFORD 11 269
                                                                                                               DEC 11VALLEY ^	
                                                                                                                 DEC      35         239        4	
                                                                                                                                              477                  N/A	          N/A	
                                                                                                                                                                                 201      $810,000	
                                                                                                                                                                                             75
                                                                                                                                                                                            21             -1.8%	27 25.3%    DEC
                                                                                                                                                                                                                             DEC
     ARANA HILLS	                        7	$470,000	8.3%	$444,000	0.9%	28.7%                                 SANDSTONE POINT	                      5	              N/A	          N/A	     $360,500	        -7.1%	     9.3%
             SEP 11 196                   882                   1013                                 96           SEP 11 255
                                                                                                                SEP 11     49              331          614                                67 230           9 24             SEP
                                                                                                                                                                                                                             SEP
     BANKSIA BEACH	                     10	$436,000	2.0%	$467,500	-1.6%	10.0%                                SCARBOROUGH ~ f	                    16	          $384,750	        13.2%	     $390,000	    -13.3%	       -1.3%
            JUN 11  165                738                949                                91                   JUN 11 200
                                                                                                                JUN 11     48          268       512                           81 201            13
                                                                                                                                                                                                 33                          JUN
                                                                                                                                                                                                                             JUN
     BEACHMERE	                          7	$338,000	 N/A	$339,000	-1.5%	29.8%                                STRATHPINE ~	                       17	$334,000	4.4%	$313,500	-9.8%	18.3%
           MAR 11
     BELLARA ~	            118      6979	$300,000	 N/A	$300,000	
                                             910               83
                                                                -10.4%	 4.8%                                    MAR 11 236 220
                                                                                                               MAR 11      37
                                                                                                             UPPER CABOOLTURE ^	             4785	            $476,000	         174
                                                                                                                                                                               -5.7%	   7413
                                                                                                                                                                                          $476,000	 22
                                                                                                                                                                                                     -6.8%	           7.6%   MAR
                                                                                                                                                                                                                             MAR

     BELLMERE ~	                        11	$358,000	15.5%	$317,000	-10.5%	 3.9%                              WAMURAN ^	                            4	              N/A	          N/A	     $523,500	        -2.1%	    19.0%



                          BRISBANE SURROUNDS' HOUSE SALES                                                                       FRASER COAST HOUSE SALES
                                                                                                                             BRISBANE SURROUNDS' UNIT SALES
                           <$350,000          $350,000+            $500,000+                $1m+                           <$250,000
                                                                                                                               <$350,000$250,000+    $350,000+ $500,000+
                                                                                                                                               $350,000+          $500,000+                                         $1m+

            MAR 12         843                         677                  218         4                      MAR 12
                                                                                                                MAR 12      167
                                                                                                                             116                         155                                   35
                                                                                                                                                                                                63          714 0            MAR

             DEC 11        754                      709                   185 7                                  DEC 11
                                                                                                                DEC 11       78
                                                                                                                            113               130                         26      75
                                                                                                                                                                                   8            16 0                         DEC

                 SEP 11    891                          788                         246        12                SEP 11
                                                                                                                SEP 11       101
                                                                                                                            171                     159                                        54
                                                                                                                                                                                                33     198 2                 SEP

             JUN 11        686                  761                       237       7                             JUN 11
                                                                                                                JUN 11       81
                                                                                                                            129                155                              31       614          23                     JUN

            MAR 11         586                779                        244    6                               MAR 11
                                                                                                               MAR 11        71
                                                                                                                            129              143                                3158       1 14 3                            MAR

            INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL                                              INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL



                               GOLD COAST HOUSE SALES
                 Please see page 41 for legend and further notes                                                                    BUNDABERG HOUSESALESMarch Quarter 2012
                                                                                                                                     GOLD COAST UNIT
                                                                                                                                                     SALES
                                                                                                                              <$250,000           $250,000+                $350,000+             $500,000+            $1m+
13




greater brisbane
MEDIAN SALES DATA                                                                            MEDIAN SALES DATA
Suburb/	                    Number of	      Mar	     change	   12 mths to 	 change	 change   Suburb/	                      Number of	          Mar	     change	        12 mths to 	 change	 change
Locality	                   Sales Mar	      Qtr	      over	    the end of	   over	   over    Locality	                     Sales Mar	          Qtr	      over	         the end of	   over	   over
	                            Qtr 2012	     2012	       qtr	    Mar 2012	      1yr	   5yrs    	                              Qtr 2012	         2012	       qtr	         Mar 2012	      1yr	   5yrs

HOUSES continued                                                                             UNITS & TOWNHOUSES continued
WARNER	                         16	$432,500	1.1%	$460,000	-3.7%	19.8%                        MORETON BAY (LGA) - 	              162	        $325,900	     -0.3%	       $328,000	     -2.7%	        26.4%

WOODY POINT	                     6	           N/A	      N/A	   $365,000	    -8.5%	   10.6%   BONGAREE * f	                       10	        $300,000	      9.1%	       $300,000	     -15.1%	        13.2%

						                                                                                       BRENDALE t	                          6	             N/A	       N/A	       $250,000	     -12.3%	        14.7%

REDLAND CITY (LGA)	            309	      $420,000	   -0.9%	    $430,000	   -6.5%	    15.0%   BURPENGARY * t	                      1	             N/A	       N/A	       $305,000	        -3.2%	      22.5%

REDLAND CITY (LGA) ^	            9	           N/A	     N/A	    $775,000	   -5.5%	    11.1%   CABOOLTURE *	                        7	$300,000	7.1%	$294,408	22.7%	73.2%

ALEXANDRA HILLS	                38	 $361,500	-4.2%	 $378,000	-7.8%	 15.2%                    DECEPTION BAY * t	                   3	             N/A	       N/A	       $257,500	     -19.0%	         4.3%

BIRKDALE	                       31	$410,000	0.0%	$422,500	-6.1%	 9.2%                        KALLANGUR	                           5	             N/A	 N/A	 $320,000	6.3%	20.8%

CAPALABA	                       33	 $370,500	-9.6%	 $385,300	-4.7%	 18.6%                    KIPPA-RING	                          6	             N/A	 N/A	 $341,450	1.9%	36.6%

CLEVELAND ~	                    20	$498,250	11.0%	$475,000	-10.8%	 6.7%                      LAWNTON	                             4	             N/A	N/A	$249,000	N/A	22.7%

MACLEAY ISLAND ~ f	             11	      $215,000	   29.1%	    $208,000	   -17.6%	   -3.7%   MANGO HILL * t	                     11	        $325,900	     -2.7%	       $331,900	        -9.1%	        N/A

MOUNT COTTON	                   15	 $449,900	-2.6%	 $466,450	-0.4%	 35.2%                    MORAYFIELD -	                        5	             N/A	N/A	$282,000	N/A	10.7%

ORMISTON ~ f	                    9	      $509,000	   -12.2%	   $539,000	    -7.7%	   19.8%   MURRUMBA DOWNS	                      4	             N/A	       N/A	       $345,000	        -0.3%	      25.5%

REDLAND BAY	                    41	$448,000	4.2%	$450,000	-8.2%	12.5%                        NORTH LAKES * t	                    12	        $352,000	      0.0%	       $352,000	          N/A	        N/A

RUSSELL ISLAND	                  7	$180,000	 N/A	$190,000	-3.6%	 8.6%                        PETRIE * t	                         18	        $330,000	       N/A	       $330,000	          N/A	        N/A

THORNESIDE ~	                    7	$386,000	 N/A	$397,400	-18.3%	15.7%                       REDCLIFFE * f	                      24	        $457,500	     40.1%	       $380,000	        5.6%	       10.8%

THORNLANDS	                     29	$503,000	1.0%	$510,000	-6.4%	18.6%                        SCARBOROUGH f t	                     9	        $325,000	   -13.0%	        $360,000	     -13.3%	       -16.3%

THORNLANDS ^ ~	                  4	           N/A	      N/A	   $985,000	   13.9%	    28.8%   WOODY POINT t	                       8	        $342,500	       N/A	             N/A	         N/A	        N/A

VICTORIA POINT	                 35	$427,500	4.3%	$442,000	-6.0%	11.6%                        						

WELLINGTON POINT	               27	$490,000	1.6%	$499,500	-7.5%	18.1%                        REDLAND CITY (LGA) f	               50	        $307,500	 -14.3%	          $340,000	     -3.4%	        25.9%

						                                                                                       CAPALABA ~ t	                       13	        $260,000	     -9.1%	       $281,000	        -9.4%	      16.4%

SURROUNDS						                                                                              CLEVELAND f	                        13	 $320,000	-3.8%	 $370,000	-3.9%	 26.7%

LOCKYER VALLEY (LGA) ~	         22	      $227,250	     N/A	    $240,000	 -12.7%	     25.7%

LOCKYER VALLEY (LGA) ^ ~	       31	      $340,000	   14.1%	    $330,000	   -4.3%	    23.1%   VACANT LAND
GATTON ~	                       14	 $214,250	-34.9%	 $256,000	-11.3%	 28.0%                  BRISBANE (SD) ~ *	                 540	        $224,250	     6.8%	        $215,000	        5.2%	      22.9%
LAIDLEY ~	                       4	           N/A	      N/A	   $231,000	   -12.0%	   21.6%   BRISBANE (SD) ^ ~	                 102	        $310,000	   13.8%	         $305,000	 -10.4%	           32.6%
REGENCY DOWNS ^	                 4	           N/A	      N/A	   $317,000	    -2.5%	   27.8%   						
WITHCOTT ^ ~	                    5	      $375,000	   24.0%	    $345,000	      N/A	   16.0%   IPSWICH CITY (LGA) + *	             83	        $179,000	     -5.3%	       $180,000	        0.6%	      20.0%
						                                                                                       IPSWICH CITY (LGA) ^	               12	             N/A	       N/A	       $246,450	     -7.2%	        20.2%
SOMERSET (LGA) ~	               18	      $238,750	     N/A	    $240,000	   -8.6%	    29.7%   AUGUSTINE HEIGHTS *	                16	        $205,000	     -6.8%	       $220,000	        -6.4%	       1.1%
SOMERSET (LGA) ^ ~	             14	           N/A	     N/A	    $335,000	   -9.5%	    13.6%   BRASSALL	                BRISBANE CITY LAND SALES
                                                                                                                                  3	             N/A	 N/A	 $178,500	0.3%	15.2%
LOWOOD	                          6	           N/A	 N/A	 $245,000	-1.8%	 36.1%                BROOKWATER<$250,000
                                                                                                       + ~ *	                    $250,000+N/A	
                                                                                                                                  2	                      $350,000+
                                                                                                                                                           N/A	  $270,000	 $500,000+ 3.8%
                                                                                                                                                                             -8.5%	

                                                                                             GOODNA *	                            1	             N/A	       N/A	       $189,000	        5.0%	
                                                                                                MAR 12         49                  82                                     40                     8 30.3%    MAR

UNITS & TOWNHOUSES                                                                           KARALEE ^	
                                                                                                 DEC 11    31              66
                                                                                                                                  8	$258,500	 N/A	$253,000	-4.5%	22.2%
                                                                                                                                                          20       9                                        DEC
BRISBANE (SD)	               1,528	 $365,000	-2.9%	 $373,000	-1.8%	 24.7%                    RACEVIEW *	                          5	$179,000	2.3%	$178,000	-0.6%	19.5%
                                                                                                 SEP 11    52                          51                   22          12                                  SEP
						                                                                                       REDBANK PLAINS *	                    4	             N/A	       N/A	       $169,900	        -2.9%	       7.5%

IPSWICH CITY (LGA) - * t	       19	      $220,000	   -5.6%	    $239,000	   -7.5%	    9.6%
                                                                                                 JUN 11
                                                                                             SILKSTONE	 28               32       5	25       8
                                                                                                                                     $110,000	N/A	                           N/A	N/A	 N/A
                                                                                                                                                                                                            JUN

						                                                                                          MAR 11     21
                                                                                             SPRINGFIELD LAKES *	     28           8
                                                                                                                                 17	    6 $199,000	       15.0%	       $175,000	        -2.7%	      14.4%   MAR

LOGAN CITY (LGA) - * t	        117	      $239,000	   -8.9%	    $270,750	    2.2%	    46.4%   YAMANTO	                             4	             N/A	N/A	$180,000	N/A	21.2%

BEENLEIGH *	                    10	$242,000	14.2%	$232,000	3.1%	45.2%                        						

BROWNS PLAINS * t	               4	           N/A	      N/A	   $308,000	   14.9%	    15.8%                     BRISBANE SURROUNDS' LAND SALES
EAGLEBY * t	                    11	      $265,000	      N/A	   $310,000	   20.4%	    87.9%                  <$250,000            $250,000+                $350,000+                 $500,000+
HILLCREST * t	                   6	           N/A	      N/A	   $333,000	      N/A	   89.7%        MAR 12        304                                                     72        8 2                       MAR
MARSDEN * t	                     4	           N/A	      N/A	   $323,000	      N/A	     N/A         DEC 11       345                                                          56      14 3                   DEC
SPRINGWOOD	                      8	$253,500	 N/A	$262,250	-5.6%	27.0%
                                                                                                   SEP 11       278                                              49 14 6                                    SEP
WOODRIDGE * t	                  22	      $174,000	    3.6%	    $185,000	   -13.3%	   23.5%
                                                                                                   JUN 11       313                                                    40 18 4                              JUN
						
                                                                                                  MAR 11        216                                   47 9 5                                                MAR

                                                                                                Includes REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL




                                                                                                                       GOLD COAST LAND SALES
            Please see page 41 for legend and further notes                                                                                                        March Quarter 2012
                                                                                                              <$250,000           $250,000+                $350,000+    $500,000+
14




     greater brisbane
     MEDIAN SALES DATA                                                                                   MEDIAN WEEKLY RENTS
     Suburb/	                          Number of	      Mar	     change	   12 mths to 	 change	 change                   Example                 Mar Qtr 2012     Mar Qtr 2011




                                                                                                             Postcode
     Locality	                         Sales Mar	      Qtr	      over	    the end of	   over	   over                    Suburb	                 Rent     New     Rent     New
     	                                  Qtr 2012	     2012	       qtr	    Mar 2012	      1yr	   5yrs                                            ($)      Bonds   ($)      Bonds

     VACANT LAND continued                                                                               3 BEDROOM HOUSES
     LOGAN CITY (LGA) + *	                 69	      $220,000	    4.8%	    $209,000	   -1.4%	    34.8%    	              IPSWICH CITY	           $285	851	$285	793

     LOGAN CITY (LGA) ^ ~	                 27	      $256,000	    2.4%	    $247,250	   -5.9%	    37.4%    4300	          AUGUSTINE HEIGHTS	      $330	     188	   $320	      26

     BAHRS SCRUB	                          13	$230,000	 N/A	$230,000	-2.1%	 N/A                          4301	          COLLINGWOOD PARK	       $295	     109	   $295	      19

     EAGLEBY *	                             6	$200,000	N/A	                    N/A	N/A	 N/A              4303	          DINMORE	                $260	      25	    n.a.	      0

     JIMBOOMBA *	                           7	$172,000	 N/A	$175,500	-5.9%	29.5%                         4304	BLACKSTONE	                       $270	96	$300	20

     JIMBOOMBA ^	                           6	$199,900	 N/A	$220,000	0.0%	33.1%                          4305	          BASIN POCKET	           $275	     323	   $300	      26

     MARSDEN	                               4	           N/A	 N/A	 $198,000	1.5%	32.0%                   4306	          AMBERLEY	               $281	      76	    n.a.	      0

     NEW BEITH ^	                           6	      $255,500	      N/A	   $253,250	      N/A	   42.3%    4340	          ASHWELL	                $280	      30	    n.a.	      1

     UNDERWOOD *	                          14	$280,000	1.8%	$275,000	-19.1%	12.2%                        	              LOGAN CITY	             $325	846	$320	884

     WATERFORD *	                           8	$159,500	-20.8%	$188,500	-0.5%	31.4%                       4114	KINGSTON	                         $300	 128	 $310	 28

     MORETON BAY (LGA) +	                 142	      $210,000	    3.4%	    $203,000	   -0.2%	    20.1%    4118	BROWNS PLAINS	                    $330	95	$330	43

     MORETON BAY (LGA) ^ ~	                46	      $315,000	    1.4%	    $335,000	   -6.9%	    34.0%    4119	UNDERWOOD	                        $345	11	$395	11

     BANKSIA BEACH + * f	                   4	           N/A	      N/A	   $437,500	    -3.8%	   45.8%    4123	          PRIESTS GULLY	          $365	      46	   $320	       6

     CABOOLTURE *	                         23	 $187,900	-3.1%	 $190,000	-2.6%	 22.6%                     4124	          BORONIA HEIGHTS	        $325	      37	    n.a.	      2

     DAKABIN *	                            11	$199,900	0.0%	$183,250	-12.7%	 N/A                         4125	          MUNRUBEN	               $400	       5	    n.a.	      0

     DAYBORO ^	                             7	$320,000	N/A	                    N/A	N/A	 N/A              4127	CHATSWOOD HILLS	                  $345	85	$320	37

     EVERTON HILLS	                         8	$300,000	 N/A	$310,000	 N/A	24.0%                          4128	KIMBERLEY PARK	                   $375	37	$310	12

     GRIFFIN *	                             5	$203,000	9.7%	$210,000	2.4%	 N/A                           4129	          LOGANDALE	              $340	      30	    n.a.	      1

     KALLANGUR *	                           7	$185,000	-0.5%	$190,500	-10.6%	15.5%                       4130	          CARBROOK	               $335	       8	    n.a.	      1

     LAWNTON *	                            18	$230,000	 N/A	$230,000	 N/A	 N/A                           4131	LOGANLEA	                         $330	30	$345	34

     MORAYFIELD + *	                        5	      $185,000	    2.8%	    $190,000	    -2.6%	   23.0%    4132	CRESTMEAD	                        $320	81	$300	14

     NARANGBA ~ *	                         10	      $194,900	    -0.1%	   $199,000	    -9.5%	   17.8%    4133	          CHAMBERS FLAT	          $340	      38	   $300	       9

     NORTH LAKES *	                        23	      $204,000	    -0.5%	   $205,000	    -2.8%	   25.8%    4205	          BETHANIA	               $320	      18	    n.a.	      0

     WARNER *	                              6	$230,000	4.5%	$230,000	-0.9%	36.1%                         4207	ALBERTON	                         $310	 169	 $315	 83

     						                                                                                              4280	          JIMBOOMBA	              $380	      24	    n.a.	      0

     REDLAND CITY (LGA) ¹ ~	               92	       $56,500	 -29.4%	     $233,000	 187.7%	     76.5%    	              MORETON BAY REGIONAL	   $320	   1107	    $320	    1047

     Redland City - Bay Islands ~ f	       54	       $34,500	   25.5%	     $33,250	   -12.5%	   -16.9%   4019	CLONTARF	                         $330	 97	 $335	              9

     MACLEAY ISLAND ~ f	                   14	       $40,000	    -4.2%	    $45,000	   -13.5%	    -5.3%   4020	NEWPORT	                          $330	93	$330	16

     RUSSELL ISLAND ~ f	                   37	       $26,500	   15.2%	     $27,000	   -22.9%	   -15.6%   4021	KIPPA-RING	                       $330	22	$325	61

     Redland City - Mainland	              38	      $266,000	    -1.5%	   $265,000	    -8.6%	   15.6%    4022	ROTHWELL	                         $330	15	$290	14

     MOUNT COTTON *	                       12	      $263,000	    0.6%	    $257,000	      N/A	   14.2%    4035	          ALBANY CREEK	           $390	      38	   $370	       5

     THORNLANDS	                            3	           N/A	 N/A	 $296,000	3.9%	23.3%                   4037	          EATONS HILL	            $450	       7	    n.a.	      2

     VICTORIA POINT *	                      8	      $250,500	    -2.5%	   $255,000	    -4.0%	   21.4%    4055	BUNYA	                            $410	 32	 $335	              5

     WELLINGTON POINT	                      2	           N/A	      N/A	   $325,000	    -0.5%	   17.3%    4500	 PARK	
                                                                                                              BRAY                              $350	66	$335	41

     						                                                                                              4501	LAWNTON	                          $330	19	$340	15

     SURROUNDS						                                                                                     4502	FRENCHS FOREST	                   $350	28	$345	10

     LOCKYER VALLEY (LGA) G	               17	      $134,950	   17.3%	    $115,000	   -8.0%	    35.3%    4503	DAKABIN	                          $330	 94	 $330	 105

     LOCKYER VALLEY (LGA) ^ G	             30	      $141,500	   17.9%	    $120,000	 -19.1%	     18.8%    4504	          NARANGBA	               $335	      28	    n.a.	      1

     GRANTHAM * G 	                         3	           N/A	      N/A	     $5,000	      N/A	     N/A    4505	BURPENGARY	                       $335	28	$300	39

     GRANTHAM ^ * G	                        2	           N/A	      N/A	    $20,000	      N/A	     N/A    4506	MOORINA	                          $290	67	$290	37

     HATTON VALE ^	                         5	      $135,000	      N/A	        N/A	      N/A	     N/A    4507	BANKSIA BEACH	                    $320	37	$300	12

     HELIDON *	                             5	$134,950	N/A	                    N/A	N/A	 N/A              4508	          DECEPTION BAY	          $290	     115	   $295	      62

     LAIDLEY	                               1	           N/A	 N/A	 $129,000	3.2%	55.4%                   4509	MANGO HILL	                       $360	64	$320	26

     LAIDLEY NORTH *	                       5	      $135,000	      N/A	        N/A	      N/A	     N/A    4510	BALINGOOL	                        $275	 183	 $285	 34

     REGENCY DOWNS ^	                       2	           N/A	      N/A	   $144,500	    -7.2%	   73.6%    4511	          GODWIN BEACH	           $310	      20	    n.a.	      2

     						                                                                                              4514	          BELLTHORPE	             $290	      19	    n.a.	      0

     SOMERSET (LGA)	                       19	$125,000	-5.3%	$132,000	2.3%	43.5%                         4520	          ARMSTRONG CREEK	        $420	      15	    n.a.	      0

     FERNVALE *	                            7	$149,000	0.7%	$148,000	5.7%	46.5%                          4521	          CAMPBELLS POCKET	       $350	      13	    n.a.	      0

     LOWOOD *	                             10	$125,000	-1.6%	$125,000	0.0%	38.9%                         	              REDLAND CITY	           $365	338	$360	339


                 Please see page 41 for legend and further notes                                                                                        March Quarter 2012
15




greater brisbane
MEDIAN WEEKLY RENTS                                                                      MEDIAN WEEKLY RENTS
                Example                               Mar Qtr 2012      Mar Qtr 2011                    Example                    Mar Qtr 2012     Mar Qtr 2011
    Postcode




                                                                                             Postcode
                Suburb	                               Rent     New      Rent     New                    Suburb	                    Rent     New     Rent     New
                                                      ($)      Bonds    ($)      Bonds                                             ($)      Bonds   ($)      Bonds

3 BEDROOM HOUSES continued                                                               2 BEDROOM UNITS continued
4157	CAPALABA	                                        $380	 36	 $350	               5    4157	CAPALABA	                            $265	18	$178	18

4158	THORNESIDE	                                      $350	        8	 $350	 10           4159	AQUATIC PARADISE	                    $250	5	$207	9

4159	           AQUATIC PARADISE	                     $380	       28	    n.a.	      3    4160	EROBIN	                              $330	5	$300	6

4160	EROBIN	                                          $380	41	$360	12                    4163	CLEVELAND	                           $345	41	$340	42

4161	           ALEXANDRA HILLS	                      $375	       49	    n.a.	      1    4165	          MOUNT COTTON	              $240	       8	    n.a.	      1

4163	CLEVELAND	                                       $385	33	$400	25                    	              LOCKYER VALLEY REGIONAL	   $225	     20	    $225	      16

4164	           PINKLANDS	                            $395	       16	    n.a.	      2    4341	          BLENHEIM	                  $205	       5	    n.a.	      1

4165	MOUNT COTTON	                                    $365	63	$365	17                    4343	ADARE	                               $230	15	$225	14

4184	           COOCHIEMUDLO ISLAND	                  $220	       60	    n.a.	      0    	 SOMERSET REGIONAL	                      $180	6	$260	5

	               LOCKYER VALLEY REGIONAL	              $270	      132	   $260	    108

4341	BLENHEIM	                                        $260	46	$250	48                    3 BEDROOM TOWNHOUSES
4342	           CROWLEY VALE	                         $280	       13	   $280	       5    	              IPSWICH CITY	              $295	    128	    $300	      92

4343	ADARE	                                           $270	66	$260	50                    4300	          AUGUSTINE HEIGHTS	         $345	      32	   $370	     328

	               SOMERSET REGIONAL	                    $265	63	$270	63                    4301	          COLLINGWOOD PARK	          $285	      46	   $330	     249

4311	ATKINSONS DAM	                                   $260	25	$265	20                    4304	BLACKSTONE	                          $300	20	$330	45

4313	BIARRA	                                          $230	 13	 $200	               7    4305	          BASIN POCKET	              $291	      27	   $320	     262

4515	GLENFERN	                                        $290	22	$290	25                    	              LOGAN CITY	                $325	326	$320	282

                                                                                         4114	KINGSTON	                            $305	53	$335	16
2 BEDROOM UNITS                                                                          4118	BROWNS PLAINS	                       $340	74	$370	91
	               IPSWICH CITY	                         $235	150	$240	192
                                                                                         4119	UNDERWOOD	                           $400	       5	 $435	 14
4300	AUGUSTINE HEIGHTS	                               $230	20	$250	29
                                                                                         4127	CHATSWOOD HILLS	                     $320	33	$420	35
4301	COLLINGWOOD PARK	                                $250	29	$240	45
                                                                                         4128	          KIMBERLEY PARK	            $335	       7	   $420	      38
4304	BLACKSTONE	                                      $230	32	$240	34
                                                                                         4131	LOGANLEA	                            $345	17	$375	31
4305	BASIN POCKET	                                    $235	67	$225	79
                                                                                         4132	CRESTMEAD	                           $330	 18	 $370	 124
	               LOGAN CITY	                           $255	223	$250	249
                                                                                         4133	CHAMBERS FLAT	                       $310	28	$380	59
4114	KINGSTON	                                        $245	79	$240	92
                                                                                         4207	ALBERTON	                            $320	 81	 $370	 150
4118	BROWNS PLAINS	                                   $270	6	$265	8
                                                                                         	              MORETON BAY REGIONAL	      $320	    476	    $320	     496
4123	           PRIESTS GULLY	                        $280	       12	   $270	       8
                                                                                         4019	CLONTARF	                            $300	       6	 $395	 33
4127	CHATSWOOD HILLS	                                 $285	27	$300	27
                                                                                         4020	NEWPORT	                             $340	10	$395	37
4128	KIMBERLEY PARK	                                  $285	16	$285	10
                                                                                         4021	KIPPA-RING	                          $320	64	$365	14
4131	LOGANLEA	                                        $260	5	$230	5
                                                                                         4022	ROTHWELL	                            $300	       6	 $365	 42
4132	           CRESTMEAD	                            $255	        7	    n.a.	      3
                                                                                         4055	BUNYA	                               $360	       7	 $485	 20
4133	           CHAMBERS FLAT	                        $250	       13	   $245	       8
                                                                                         4500	          BRAY PARK	                 $325	      30	   $395	     118
4207	ALBERTON	                                        $256	52	$240	83
                                                                                         4501	          LAWNTON	                   $340	      15	    n.a.	      3
	               MORETON BAY REGIONAL	                 $265	      466	   $270	    429
                                                                                         4502	FRENCHS FOREST	                      $320	10	$380	14
4019	CLONTARF	                                        $260	76	$250	74
                                                                                         4503	DAKABIN	                             $335	136	$380	165
4020	NEWPORT	                                         $280	 103	 $275	 93
                                                                                         4505	BURPENGARY	                          $305	21	$360	26
4021	KIPPA-RING	                                      $260	8	$270	6
                                                                                         4506	MOORINA	                             $300	 14	 $330	 195
4500	 PARK	
     BRAY                                             $285	33	$275	38
                                                                                         4507	          BANKSIA BEACH	             $300	       7	   $380	      38
4501	LAWNTON	                                         $275	13	$230	12
                                                                                         4508	DECEPTION BAY	                       $300	48	$340	68
4503	DAKABIN	                                         $280	20	$275	32
                                                                                         4509	          MANGO HILL	                $340	      61	   $400	     234
4505	           BURPENGARY	                           $275	       10	    n.a.	      4
                                                                                         4510	BALINGOOL	                           $280	 37	 $320	 330
4506	MOORINA	                                         $260	13	$260	12
                                                                                         	              REDLAND CITY	              $365	90	$365	75
4507	BANKSIA BEACH	                                   $260	52	$260	32
                                                                                         4157	CAPALABA	                            $355	11	$460	19
4508	DECEPTION BAY	                                   $280	18	$290	21
                                                                                         4158	          THORNESIDE	                $360	      10	    n.a.	      3
4509	           MANGO HILL	                           $300	        9	   $280	      11
                                                                                         4159	          AQUATIC PARADISE	          $365	       5	   $450	      28
4510	BALINGOOL	                                       $240	96	$240	80
                                                                                         4160	EROBIN	                              $375	19	$485	55
4511	           GODWIN BEACH	                         $265	        6	    n.a.	      1
                                                                                         4163	CLEVELAND	                           $390	23	$520	33
	               REDLAND CITY	                         $310	84	$295	94
                                                                                         4165	          MOUNT COTTON	              $370	      18	   $450	     151


               Please see page 41 for legend and further notes                                                                             March Quarter 2012
16




     GOLD COAST
     House and unit markets                                                                  Vacant land market
     The Gold Coast’s median house price increased 0.7 per                                   Over the March quarter, the Gold Coast vacant land
     cent to $454,375 over the March quarter. Agents from                                    market recorded a steady increase in activity, while
     REIQ accredited agencies say activity remained fairly                                   the overall median eased somewhat on the back of an
     spasmodic over the period but there were some segments                                  increase in affordable land sales.
     of the market starting to move.
                                                                                             Land sales in the sub-$250,000 bracket were up over
     Properties priced under $500,000 were experiencing the                                  the quarter, with affordable suburbs such as Coomera,
     most activity, and agents were also starting to see more                                Pimpama and Upper Coomera continuing to record
     sales in the upper-end of the market.                                                   strong sales numbers.
     Properties around the $1 million-plus mark were the                                     A slight recovery in prestige land sales in the suburb
     subject of renewed interest given there has been a                                      of Hope Island, which has struggled in recent times,
     significant softening in prices of prestige properties on                               contributed to the large increase in the suburbs’ median
     the Gold Coast.                                                                         for the quarter.
     Recent investments by high-profile buyers were also a                                   As seen with the house market, local agents’ report
     sign that the Gold Coast market was near the bottom of                                  buyers are beginning to realise that the bottom of the
     its cycle.                                                                              Gold Coast’s property cycle is here.
     Agents say these significant investments were a signal to
     buyers that the region was at, or very close to the bottom                              Rental market
     of the market so increasing levels of demand are likely in
     the months ahead.                                                                       The Gold Coast rental market continues to improve with
                                                                                             its vacancy rate falling from 5.2 per cent in June last year
     Lower interest rates, the region’s new council, and the                                 to 3.9 per cent in March.
     recent reductions in the Aussie dollar were also all
     positives for BRISBANE CITYmarket, local agents say.
                   the Gold Coast HOUSE SALES                                                Local agents are reporting increased demand for
                                                                                                            BRISBANE CITY UNIT in SALES
                                                                                                            TOOWOOMBA HOUSE oversupply. Well-
                                                                                             houses over units, which are stillSALES
     The median unit and townhouse price on the$1m+ Coast
              <$350,000    $350,000+  $500,000+   Gold                                       priced rentals are also $350,000+ moving faster. Agents
                                                                                                         <$350,000
                                                                                                     <$250,000
                                                                                                                         reportedly $500,000+
                                                                                                                 $250,000+   $350,000+  $500,000+     $1m+
     reduced 2.4 per cent to $341,500 over the quarter.
       MAR 12 148      773        931              58                                        MAR 12 report a recovery570 investor activity187 sign that
                                                                                             also 12 252
                                                                                               MAR       42       355   in             81 - a    2614                                                 MAR 1
                                                                                                                                                                                                     MAR 12

     Local 11 185 say the reduction in unit prices was starting                              confidence levels are starting to return to the local
        DEC agents      788       858                111                                     DEC 11 11 269                         201    75
                                                                                                                                         21         27
     to attract buyers with some investors, in particular, being                             market. 35 239 477
                                                                                               DEC                                                                                                    DEC 1
                                                                                                                                                                                                     DEC 11

                196       882        1013                  96                                 SEP 11 11   255                     614                               67 230           9 24
                                                                                             The median rent331 a three-bedroom house on the Gold
                                                                                                         49
         SEP 11                                                                                  SEP                                                                                                  SEP 1
                                                                                                                                                                                                     SEP 11
     able to pick up cash-flow positive, or very close to it.                                                    for
        JUN 11      165           738              949
     On the Gold Coast, the beachside suburbs recorded the
                                                                                       91    Coast was steady at $400 per week between March last
                                                                                             JUN 11 11 200
                                                                                               JUN       48   268 512       81 201     13
                                                                                                                                        33                                                            JUN 1
                                                                                                                                                                                                     JUN 11

     greatest increase in activity, with Surfers Paradise and
       MAR 11  118   697        910                83                                        year and37 220 this year. The median 13 for a two-
                                                                                             MAR 11 11 236
                                                                                               MAR
                                                                                                          March 478          174 74 rent 22                                                           MAR 1
                                                                                                                                                                                                     MAR 11
     Broadbeach topping the list.                                                            bedroom unit was steady at $350 per week

     A solid performer over the quarter was Mudgeeraba
             BRISBANE SURROUNDS' HOUSE SALES
     which recorded median price growth of 6.3 per cent to                                                    FRASER COAST HOUSE SALES
                                                                                                           BRISBANE SURROUNDS' UNIT SALES
     $329,500 and was up 4.5 per cent$500,000+ year.
               <$350,000  $350,000+    over the $1m+                                                         <$350,000 $250,000+
                                                                                                          <$250,000          $350,000+
                                                                                                                                    $350,000+$500,000+
                                                                                                                                                 $500,000+                                  $1m+
     Originally 843
        MAR 12   a forestry and saw milling town, Mudgeeraba is
                                  677          218 4                                         MAR 12 12
                                                                                               MAR        167
                                                                                                            116                      155                                35 63        7 14 0          MAR 12
                                                                                                                                                                                                     MAR 12
     a long established area that has retained its charm and
         DEC 11 754             709          185 7                                           DEC 11 11
                                                                                               DEC        113
                                                                                                            78              130                  26       8
                                                                                                                                                          75               16 0                      DEC 11
                                                                                                                                                                                                      DEC 11
     relaxed atmosphere more so than many other areas on
     theSEP 11 Coast.
          Gold 891                 788            246 12                                      SEP 11 11
                                                                                                SEP       171
                                                                                                            101                   159                                    33
                                                                                                                                                                         54        8
                                                                                                                                                                                  19 2                SEP 11
                                                                                                                                                                                                       SEP 11

        JUN 11     686                     761                         237        7          JUN 11 11
                                                                                               JUN        129
                                                                                                            81                155                     31            4
                                                                                                                                                                   61           23                   JUN 11
                                                                                                                                                                                                      JUN 11

       MAR 11      586                  779                        244       6               MAR 11 11
                                                                                               MAR        129
                                                                                                            71              143                       31 58 1 14 3                                   MAR 11
                                                                                                                                                                                                     MAR 11

       INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL                                 INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL



                            GOLD COAST HOUSE SALES                                                                BUNDABERG HOUSE SALES
                                                                                                                   GOLD COAST UNIT SALES
                    <$350,000            $350,000+           $500,000+                $1m+                  <$250,000           $250,000+    $350,000+   $500,000+                            $1m+
                                                                                                             <$350,000             $350,000+       $500,000+

       MAR 12       94                   394                           268             52    MAR 12 12
                                                                                               MAR           136
                                                                                                           146          288                      238          26          131
                                                                                                                                                                         18           36             MAR 12
                                                                                                                                                                                                     MAR 12

        DEC 11      77              329                     226              51               DEC 11 11
                                                                                                DEC          105
                                                                                                           144        242                  188                119
                                                                                                                                                              26         745                          DEC 11
                                                                                                                                                                                                      DEC 11

        SEP 11      76                  399                            264             53     SEPSEP 11
                                                                                                  11         140
                                                                                                           157            349                            231       34           146
                                                                                                                                                                                14          34        SEP 11
                                                                                                                                                                                                       SEP 11

        JUN 11      68              346                          243          56              JUN 11 11
                                                                                                 JUN         131
                                                                                                           114          312                       270
                                                                                                                                                 34            9                174           38      JUN 11
                                                                                                                                                                                                       JUN 11

       MAR 11       25            371                             350                  36    MAR 11 11
                                                                                               MAR           82
                                                                                                           132      307                       267        32             7 134         33             MAR 11
                                                                                                                                                                                                     MAR 11




            Please see page 41 for legend and further notes                                                        SUNSHINE COAST UNIT SALES Quarter 2012
                                                                                                                                         March
                           SUNSHINE COAST HOUSE SALES                                                             GLADSTONE HOUSE SALES
17




GOLD COAST
MEDIAN SALES DATA                                                                                MEDIAN SALES DATA
Suburb/	                   Number of	       Mar	      change	   12 mths to 	 change	 change      Suburb/	                   Number of	      Mar	     change	   12 mths to 	 change	 change
Locality	                  Sales Mar	       Qtr	       over	    the end of	   over	   over       Locality	                  Sales Mar	      Qtr	      over	    the end of	   over	   over
	                           Qtr 2012	      2012	        qtr	    Mar 2012	      1yr	   5yrs       	                           Qtr 2012	     2012	       qtr	    Mar 2012	      1yr	   5yrs

HOUSES                                                                                           HOUSES continued
GOLD COAST CITY (LGA) +	      808	       $454,375	     0.7%	     $470,000	    -5.1%	     9.3%    WORONGARY ^ ~	                  4	           N/A	      N/A	   $560,000	   -13.5%	    -1.5%

GOLD COAST CITY (LGA) ^ ~	 79	           $630,000	     0.8%	     $630,000	 -10.0%	       5.0%    WORONGARY ~	                    7	$345,000	 N/A	$353,000	-12.8%	 3.1%

ARUNDEL	                       14	$416,000	5.4%	$435,051	-6.3%	-0.4%                             						

ASHMORE	                       24	$431,250	0.9%	$425,000	-7.6%	 3.7%                             SURROUNDS						
BENOWA + ~ f	                  15	       $675,000	    -30.8%	    $700,000	    -10.3%	    5.3%    SCENIC RIM (LGA) ~	            29	      $375,000	   11.9%	    $355,000	   -6.9%	    18.3%

BIGGERA WATERS	                 7	$650,000	 N/A	$442,500	-1.7%	 3.9%                             SCENIC RIM (LGA) ^ ~	          28	      $451,000	    6.7%	    $450,000	   -4.5%	     5.9%

BONOGIN ^ ~	                    7	       $530,000	     -3.1%	    $579,750	    -14.7%	    3.5%    BEAUDESERT	                     3	           N/A	 N/A	 $330,000	-3.0%	 26.9%

BROADBEACH WATERS ~	           21	       $710,000	    10.9%	     $685,500	    -10.7%	    -3.9%   TAMBORINE ^ ~	                  6	      $532,500	      N/A	   $500,000	   -16.0%	   13.5%

BUNDALL ~ f	                   10	       $790,000	    33.9%	     $685,000	    -28.6%	    -8.7%   TAMBORINE MOUNTAIN ~	          16	      $398,750	     0.3%	   $410,000	    -8.3%	     N/A

BURLEIGH HEADS f	              10	       $455,000	       N/A	    $522,500	     -6.7%	    -3.2%

BURLEIGH WATERS	               40	$485,000	2.1%	$505,000	-7.3%	 4.1%                             UNITS & TOWNHOUSES
CARRARA +	                     18	$407,500	10.1%	$415,000	-3.5%	10.7%                            GOLD COAST CITY (LGA) -	      829	      $341,500	   -2.4%	    $350,000	   -5.1%	     6.1%

CLEAR ISLAND WATERS +	         12	       $711,500	      5.4%	    $800,000	      6.5%	    2.6%    ARUNDEL	                       12	$310,000	0.8%	$305,000	-6.2%	13.4%

COOMBABAH ~	                   11	 $321,500	-18.9%	 $367,000	-12.4%	                     1.9%    ASHMORE ~	                      8	$302,000	 N/A	$275,000	-11.6%	 9.1%

COOMERA + ~ f	                  9	       $552,500	    20.1%	     $532,500	     -2.3%	    -2.3%   BENOWA - * f	                   7	      $320,000	      N/A	   $375,000	   -16.7%	   17.2%

CURRUMBIN WATERS	              14	 $410,000	-4.2%	 $450,000	-8.2%	 8.4%                          BIGGERA WATERS ~ f	            17	      $292,500	    -1.7%	   $300,000	   -11.8%	    5.3%

ELANORA ~	                     30	$462,500	2.8%	$465,000	-11.4%	 1.4%                            BROADBEACH * f	                63	      $600,000	     3.4%	   $500,000	   11.7%	     -9.1%

HELENSVALE + ~ f	              36	       $474,500	     -7.0%	    $457,500	    -10.3%	   10.2%    BROADBEACH WATERS f	            4	           N/A	      N/A	   $362,500	   -10.4%	   16.1%

HIGHLAND PARK ~	                7	       $400,000	    17.3%	     $383,250	    -13.2%	    3.9%    BURLEIGH HEADS ~	              35	      $375,000	     8.2%	   $380,000	    -1.3%	    5.6%

HOLLYWELL ~ f	                  7	       $475,000	    -15.2%	    $550,000	     -1.8%	    3.8%    BURLEIGH WATERS ~ t	           11	      $345,000	    -8.3%	   $330,000	    -7.0%	    3.1%

HOPE ISLAND + ~ f	             23	       $950,000	    -11.7%	   $1,000,000	   -17.0%	   -11.1%   CARRARA - * t	                 16	      $352,000	   17.2%	    $339,000	   -22.9%	    -1.7%

LABRADOR	                      12	 $352,000	-8.6%	 $389,000	-8.5%	 -2.8%                         COOLANGATTA f	                 33	$390,000	-35.5%	$490,000	12.6%	 7.9%

MAUDSLAND	                      5	             N/A	 N/A	 $425,000	-7.6%	 7.6%                    COOMBABAH t	                   23	$300,000	-10.4%	$310,000	-3.1%	15.7%

MERMAID BEACH f	                5	             N/A	      N/A	   $1,165,000	      N/A	    -2.8%   COOMERA -	                      7	$260,000	 N/A	$314,000	-0.3%	39.6%

MERMAID WATERS	                18	 $610,000	-6.2%	 $595,000	-3.8%	 3.7%                          CURRUMBIN ~ f	                  5	           N/A	      N/A	   $554,000	   44.8%	    27.4%

MERRIMAC	                       8	$391,075	3.2%	$382,575	-7.9%	 9.7%                             CURRUMBIN WATERS f	             9	      $279,000	   -13.6%	   $297,000	    -7.2%	   11.8%

MIAMI ~	                        8	$437,500	 N/A	$451,750	-15.6%	-1.5%                            ELANORA	                       11	$295,000	 N/A	$306,250	-7.6%	 7.5%

MOLENDINAR	                    12	$484,500	 N/A	$480,000	-2.8%	 8.4%                             HELENSVALE - *	                 6	           N/A	      N/A	   $275,000	   -16.7%	   12.9%

MUDGEERABA	                    23	 $385,000	-8.3%	 $423,000	-9.1%	 5.8%                          HOPE ISLAND - f t *	           25	      $395,000	    -2.5%	   $404,000	     2.0%	   -26.5%

MUDGEERABA ^ ~	                 8	       $587,500	    -10.6%	    $590,000	    -16.0%	    0.0%    LABRADOR ~	                    40	 $271,500	-8.0%	 $285,000	-9.8%	 4.8%

NERANG	                        20	 $334,500	-1.3%	 $343,500	-8.9%	 4.7%                          MAIN BEACH f	                  35	      $515,000	   -35.0%	   $640,000	     6.2%	    5.8%

ORMEAU	                        20	$421,500	0.6%	$408,250	-8.7%	 7.4%                             MERMAID BEACH ~ f *	           29	      $333,500	    6.5%	    $330,000	   -11.4%	    -1.5%

ORMEAU ^	                       4	             N/A	      N/A	    $677,500	     2.7%	    19.5%    MERMAID WATERS ~	              10	      $314,500	    0.8%	    $282,500	   -11.0%	   10.8%

OXENFORD	                      21	 $390,000	-7.1%	 $412,500	-7.3%	 7.8%                          MERRIMAC * t	                  22	      $363,750	    7.0%	    $375,000	    -8.5%	   47.1%

PACIFIC PINES	                 33	$445,000	1.4%	$450,000	-2.2%	13.4%                             MIAMI ~	                       18	$322,500	7.7%	$322,000	-12.3%	-3.9%

PALM BEACH ~	                  27	       $479,000	     -3.7%	    $502,500	     -6.9%	    3.6%    MUDGEERABA	                    16	$329,500	6.3%	$342,250	4.5%	21.9%

PARADISE POINT	                14	$675,000	 N/A	$595,000	0.0%	 1.3%                              NERANG ~	                      10	$288,000	-3.4%	$267,000	-12.2%	 4.7%

PARKWOOD ~	                    14	$417,500	-14.8%	$440,000	-9.3%	 4.8%                           ORMEAU	                         4	           N/A	 N/A	 $330,000	-9.1%	 8.2%

REEDY CREEK	                   12	 $568,250	-5.3%	 $620,000	-3.5%	 19.2%                         OXENFORD ~ * t	                 8	      $264,000	    -5.7%	   $285,000	    -1.7%	   21.3%

ROBINA	                        38	 $509,000	-0.1%	 $509,000	-5.4%	 6.3%                          PACIFIC PINES * t	              8	      $242,000	   -34.8%	   $397,400	    7.3%	    44.5%

RUNAWAY BAY ~ f	               21	       $720,000	    -13.6%	    $725,000	     -3.3%	   -10.9%   PALM BEACH	                    27	$327,500	5.6%	$330,000	-10.8%	-2.9%

SOUTHPORT + ~ f	               39	       $382,000	      9.1%	    $393,500	    -15.9%	    -1.6%   PARADISE POINT ~ f	             9	      $390,000	    0.0%	    $400,000	   11.1%	    18.2%

SOVEREIGN ISLAND * f	           5	             N/A	      N/A	   $1,600,000	   -10.6%	   -24.0%   PIMPAMA * t	                    3	           N/A	      N/A	   $375,000	      N/A	     N/A

SURFERS PARADISE ~ f	          14	      $1,262,500	    -7.2%	   $1,350,000	   10.0%	    -10.0%   REEDY CREEK - * t	              6	           N/A	      N/A	   $278,000	   -11.7%	   17.3%

TALLAI ^ ~	                     6	       $647,500	       N/A	    $665,000	    -11.3%	    8.6%    ROBINA ~	                      21	$492,000	30.2%	$435,000	-3.3%	14.8%

TALLEBUDGERA ^ ~	               6	       $625,000	       N/A	    $647,500	    -14.8%	    2.8%    RUNAWAY BAY ~ f	               12	      $485,000	   27.6%	    $475,000	   33.1%	     0.0%

TUGUN	                          6	             N/A	 N/A	 $410,000	-6.8%	 -0.5%                   SOUTHPORT ~	                   63	$335,255	9.9%	$319,500	-5.3%	-0.2%

UPPER COOMERA +	               65	       $378,000	      0.5%	    $385,000	     -7.1%	    6.9%    SURFERS PARADISE ~ f *	       143	      $350,000	    -4.8%	   $360,000	    -4.0%	    -8.3%

VARSITY LAKES	                 17	$425,000	1.8%	$435,000	-10.3%	 1.3%                            TUGUN ~ f	                     14	      $338,500	    6.6%	    $352,500	   -15.6%	    -0.1%


            Please see page 41 for legend and further notes                                                                                                      March Quarter 2012
18




     GOLD COAST
     MEDIAN SALES DATA                                                                                                                MEDIAN SALES DATA
     Suburb/	                               Number of	         Mar	        change	            12 mths to 	 change	 change              Suburb/	                    Number of	        Mar	    change	      12 mths to 	 change	 change
     Locality	                              Sales Mar	         Qtr	         over	             the end of	   over	   over               Locality	                   Sales Mar	        Qtr	     over	       the end of	   over	   over
     	                                       Qtr 2012	        2012	          qtr	             Mar 2012	      1yr	   5yrs               	                            Qtr 2012	       2012	      qtr	       Mar 2012	      1yr	   5yrs

     UNITS & TOWNHOUSES continued                                                                                                      3 BEDROOM HOUSES continued
     UPPER COOMERA - *	                         10	        $291,600	       -21.4%	            $358,000	              5.1%	    10.2%    4218	BROADBEACH	                                               $510	65	$480	90

     VARSITY LAKES	                             19	 $350,000	-3.8%	 $368,000	-5.6%	 3.8%                                               4220	BURLEIGH HEADS	                                           $440	62	$435	66

                                                                                                                                       4221	ELANORA	                                                  $420	57	$450	57
               BRISBANE CITY LAND SALES
     VACANT LAND                                                                                                                       4223	CURRUMBIN	        TOOWOOMBA LAND SALES
                                                                                                                                                                              $380	28	$420	36

     GOLD COAST<$250,000 * f	 119	
                CITY (LGA) +   $250,000+       $350,000+
                                    $240,000	 -13.2%	 $243,950	 $500,000+ 20.8%
                                                                  -5.4%	                                                                       <$250,000
                                                                                                                                       4224	TUGUN	                             $250,000+                  $350,000+
                                                                                                                                                                                                      $440	 11	 $380	                  5

       MAR 12     49
     GOLD COAST CITY (LGA) ^	                    82
                                                19	        $389,000	           N/A	           $398,000	 -11.6%	8
                                                                                                 40                          -2.9%            66
                                                                                                                                      MAR 12 BILINGA	
                                                                                                                                       4225	                                                          $375	8	  0
                                                                                                                                                                                                            3 $370	6                       MAR 12
     COOMERA + * f	31
        DEC 11                            66    14	        $238,750	         N/A	
                                                                            20            9   $233,000	             -3.5%	    28.0%   4226	
                                                                                                                                      DEC 11       CLEAR ISLAND WATERS	
                                                                                                                                                    59                                                $430	     2    61	
                                                                                                                                                                                                                     0     $435	      64
                                                                                                                                                                                                                                           DEC 11
     HELENSVALE + * f	                           6	        $330,000	           6.5%	          $320,000	          -41.8%	     -22.0%    4227	  REEDY CREEK	                                            $420	41	$440	41
         SEP 11   52                               51                              22           12                                     SEP 11  54                                                        3 0                               SEP 11
     HOPE ISLAND + * f	                          9	        $437,500	       41.4%	             $310,500	          -28.5%	        N/A    	      SCENIC RIM REGIONAL	                                    $300	         125	   $300	     123
         JUN 11   28                     32              25           8                                                               JUN 11   41                                           2 0                                            JUN 11
     MAUDSLAND *	                                5	$238,000	 N/A	$249,000	 N/A	25.8%                                                   4271	  EAGLE HEIGHTS	                                          $355	10	$325	12
        MAR 11
     ORMEAU HILLS	
                  21                 28           8 6
                                                 6	$222,221	1.6%	$219,250	 N/A	29.0%
                                                                                                                                      MAR 11   26                  3            1                                                          MAR 11
                                                                                                                                       4272	  MOUNT TAMBORINE	                                        $340	23	$350	14

     OXENFORD ~	                                 1	              N/A	           N/A	          $217,500	             -3.8%	     2.6%    4275	BENOBBLE	                                                 $430	8	$370	7

     PACIFIC PINES + *	                          3	              N/A	           N/A	          $254,950	              6.2%	    28.8%    4285	ALLENVIEW	                                                $300	49	$300	55

     PIMPAMA + *	              BRISBANE13	 $239,900	 6.6%	LAND SALES
                                        SURROUNDS'          $227,000	 4.6%	                                                   20.1%    4307	               FRASER COAST LAND SALES
                                                                                                                                                   COLEYVILLE	                $270	                                   5	    n.a.	      4
               <$250,000
     UPPER COOMERA + *	                         $250,000+
                                                25	   $226,000	            $350,000+
                                                                            0.5%	  $229,000	 $500,000+ 18.7%
                                                                                               -9.1%	                                  4309	<$250,000
                                                                                                                                            ARATULA	                           $250,000+                  $350,000+ $240	9
                                                                                                                                                                                                      $250	8	
         MAR 12
     WILLOW VALE *	            304               1	              N/A	           N/A	           72 8
                                                                                              $219,000	         2 N/A	          N/A    4310	 38
                                                                                                                                      MAR 12 ALLANDALE	                                                    01
                                                                                                                                                                                                      $260	18	$250	14                      MAR 12

     DEC 11
     						 345 56 14 3                                                                                                               DEC 11       33                                                  00                                  DEC 11
     SURROUNDS						
        SEP 11 278 49 14 6                                                                                                            SEPBEDROOM
                                                                                                                                      2 11 35                    UNITS                                        2 0                           SEP 11
     SCENIC RIM (LGA)	                           5	             N/A	           N/A	           $175,250	             -9.9%	   27.0%     	     GOLD COAST CITY	                                         $350	     2768	      $350	    2753
         JUN 11    313                                                                        40 18 4                                 JUN 11 26                                         2         0                                        JUN 11
     SCENIC RIM (LGA) ^ ~	                      22	        $227,000	       15.1%	             $233,500	             22.1%	   33.4%     4209	COOMERA	                                                  $295	           7	 $164	 27
        MAR 11     216                                                47 9 5                                                          MAR 11 32                                                       1 1                                  MAR 11
     TAMBORINE ^	                                6	$262,500	N/A	                                        N/A	N/A	 N/A                   4210	 OXENFORD	                                                $290	15	$295	12
               Includes REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
                                                                                                                                       4211	ADVANCETOWN	                                              $300	55	$270	28

                                                                                                                                       4212	HELENSVALE	                                               $380	58	$370	69
                                      GOLD COAST LAND SALES                                                                            4213	       BONOGIN	
                                                                                                                                                              BUNDABERG LAND SALES
                                                                                                                                                                                $350	                                 7	    n.a.	      2
                             <$250,000           $250,000+                     $350,000+                        $500,000+                             <$250,000                 $250,000+                     $350,000+
                                                                                                                                       4214	ARUNDEL	                                                  $300	28	$295	22
                    MAR 12     70                                          25                      13       11                         4215	 57                                                                                            MAR 12
                                                                                                                                      MAR 12 LABRADOR	                                                   2 0
                                                                                                                                                                                                      $350	623	$330	638

                    DEC 11     39                     44                                12         15                                  DEC 11 PARADISE POINT	
                                                                                                                                       4216	
                                                                                                                                               57                                                     $330	196	
                                                                                                                                                                                                        01     $330	203                     DEC 11

                                                                                                                                       4217	  BENOWA	                                                 $385	587	$380	590
                    SEP 11     42                                         62                             15           10                                                                                                                    SEP 11
                                                                                                                                       SEP 11  33                                3 2
                                                                                                                                       4218	  BROADBEACH	                                             $350	374	$340	359
                    JUN 11     43                        18        11          7                                                                                                                                                            JUN 11
                                                                                                                                       JUN 11
                                                                                                                                       4220	
                                                                                                                                               25
                                                                                                                                              BURLEIGH HEADS	
                                                                                                                                                             0            0                           $350	212	$350	223
                    MAR 11     17      20        3 15                                                                                                                                                                                      MAR 11
                                                                                                                                       4221	 26
                                                                                                                                      MAR 11 ELANORA	                     01                          $300	152	$300	152

                                                                                                                                       4223	CURRUMBIN	                                                $340	45	$335	38

                                                                                                                                       4224	TUGUN	                                                    $300	50	$320	52

                                    SUNSHINE COAST LAND SALES                                                                          4225	BILINGA	          GLADSTONE LAND SALES
                                                                                                                                                                                $310	134	$310	124
     MEDIAN WEEKLY RENTS                                                                                                               4226	          <$250,000
                                                                                                                                                   CLEAR ISLAND WATERS	         $250,000+             $400	   $350,000+ $390	
                                                                                                                                                                                                                  71	                 86
                             <$250,000          $250,000+                   $350,000+                           $500,000+
                    Example                                                         Mar Qtr 2012                     Mar Qtr 2011
         Postcode




                                                                                                                                      4227	  REEDY CREEK	                                             $300	151	$420	126
                    Suburb	                                                         Rent     New                     Rent10 New       MAR 12  24               22                   3                                                       MAR 1
               MAR 12         40                                  35                                            9
                                                                                    ($)      Bonds                   ($)      Bonds   	      SCENIC RIM REGIONAL	                                     $200	          42	   $200	      27
       DEC 11 40                                                  23                            9           1                         DEC 11  28                18                  0                                                       DEC 1
     3 BEDROOM HOUSES                                                                                                                 4285	  ALLENVIEW	                                               $200	38	$190	16
     	                   GOLD 56
                    SEP 11    COAST CITY	                                               $400	
                                                                                         24          1049	           $400	
                                                                                                                     4 5     1054      SEP 11       75                                                         27          4                 SEP 1

     4208	    BURNSIDE	                                                                 $360	25	$360	27                                       52         14                                       0
         JUN 11    40                                             22                           8        6                              3 BEDROOM TOWNHOUSES
                                                                                                                                       JUN 11                                                                                               JUN 1
     4209	    COOMERA	                                                                  $360	81	$360	67                               	      GOLD COAST CITY	                                         $360	     1252	      $360	    1214
        MAR 11     26                              17                 15                  11                                          MAR 11  47                                    6   5                                                   MAR 1
     4210	    OXENFORD	                                                                 $380	27	$380	21                               4208	BURNSIDE	                                                  $360	 14	 $340	                  9

     4211	ADVANCETOWN	                                                                  $375	127	$383	141                              4209	COOMERA	                                                  $350	203	$340	143

     4212	HELENSVALE	                                                                   $430	50	$440	68                                4210	OXENFORD	                                                 $350	22	$320	19

     4213	BONOGIN	                                                                      $400	54	$400	60                                4211	ADVANCETOWN	                                              $350	185	$350	186

     4214	ARUNDEL	                                                                      $395	 116	 $400	 92                            4212	HELENSVALE	                                               $400	42	$385	40

     4215	LABRADOR	                                                                     $370	 108	 $390	 81                            4213	BONOGIN	                                                  $360	34	$350	45

     4216	PARADISE POINT	                                                               $380	73	$390	90                                4214	ARUNDEL	                                                  $360	76	$355	84

     4217	BENOWA	                                                                       $515	52	$480	40                                4215	LABRADOR	                                                 $380	158	$380	161


                      Please see page 41 for legend and further notes                                                                                                                                          March Quarter 2012
19




     GOLD COAST
     MEDIAN WEEKLY RENTS                                                                       MEDIAN WEEKLY RENTS
                    Example                            Mar Qtr 2012         Mar Qtr 2011                   Example                    Mar Qtr 2012     Mar Qtr 2011
      Postcode




                                                                                                Postcode
                    Suburb	                            Rent     New         Rent     New                   Suburb	                    Rent     New     Rent     New
                                                       ($)      Bonds       ($)      Bonds                                            ($)      Bonds   ($)      Bonds

     3 BEDROOM TOWNHOUSES continued                                                            3 BEDROOM TOWNHOUSES continued
     4216	          PARADISE POINT	                    $360	         97	    $360	        101   4223	CURRUMBIN	                        $350	15	$350	12

     4217	BENOWA	                                      $400	51	$440	57                         4224	TUGUN	                            $410	35	$430	32

     4218	BROADBEACH	                                  $420	34	$440	22                         4225	       BILINGA	                   $460	       6	    n.a.	      3

     4220	BURLEIGH HEADS	                              $420	35	$395	40                         4226	       CLEAR ISLAND WATERS	       $400	     130	   $410	     137

     4221	ELANORA	                                     $375	35	$380	22                         4227	REEDY CREEK	                      $380	76	$390	98




     TOOWOOMBA
     House and unit markets
     The Toowoomba median house price increased 0.7 per                                        The unit market remains subdued particularly for new
     cent to $288,000 over the quarter.                                                        stock and the upper end. The additional costs of owning
                                                                                               a unit are deterring buyers from the unit and townhouse
     Local agents say the Toowoomba market continues to
                                                                                               market, with the numbers at open homes down. Buyers
     show signs of improvement with buyer confidence up,
                                                                                               looking to down-size appeared to be the most active
     particularly amongst first home buyers and investors.
                                                                                               during the quarter.
     Many buyers are realising that now is a good time to buy,
     with numerous well-priced properties available for sale.
                                                                                               Vacant land market
     First home buyers and investors have recognised that
                                                                                               While sales activity was up for the March quarter, local
     the Toowoomba market has reached, or is very near, the
                                                                                               agents report that the Toowoomba vacant land market
     bottom of the cycle and are no longer holding back.
                                                                                               has limited supply levels due to the minimal number of
     With confidence levels growing stronger, the outlook is                                   active developers in the market.
     looking very positive for the Toowoomba region. Growth
                                                                                               With the bulk of the larger land subdivisions held by a
     in the resources industry in the Surat Basin is gaining
                                                                                               small handful of developers, new releases are brought
     momentum with the likes of Oakey and Charlton set to
                                                                                               onto the market in stages only. Buyer enquiry levels are
     benefit, and in turn, Toowoomba as a whole.
                                                                                               however strong, seeing listings that do become available
     Agents say sales activity was strongest between the                                       being snapped up quite quickly.
     $350,000 to $500,000 price brackets however the upper
                                                                                               A new subdivision in Kleinton, located just north of the
     end of the market is yet to show signs of improved activity.
                                                                                               ever popular Highfields area, recorded 38 preliminary
     The suburb of Newtown continues to be most popular,                                       sales over the quarter with a median of $136,500, making
     given its affordable price tag and inner location. Many                                   it one of the most affordable for the region.
     first home buyers and investors are recognising the good
     value buying proposition in the suburb, with many seeing
     the opportunity to make further improvements.                                             Rental Market
     The median unit and townhouse price in Toowoomba                                          The Toowoomba rental market remains under 2 per cent
     decreased 6.1 per cent to $230,000 over the quarter due to                                vacancy, as it has done for nearly every quarter since
     the varying quality of stock that sold over the time period.                              June 2008. An increase in investor activity, according to
                                                                                               local agents, is helping add to the rental stock, which in
                                                                                               turn is keeping a lid on asking rents.

                                 TOOWOOMBA HOUSE SALES                                         For outer lying areas, living costs continue to place
                                                                                                              ROCKHAMPTON HOUSE SALES
                              <$350,000   $350,000+            $500,000+
                                                                                               pressure on tenants. Fuel prices for Clifton is an added
                                                                                                            <$350,000      $350,000+       $500,000+
                                                                                               cost for those tenants who commute to Toowoomba for
                 MAR 12   252                                   81                 14          work,12 215increased rents at Oakey has led to a decline
                                                                                                 MAR while                             102           25
                 DEC 11   269                                        75             27
                                                                                               in tenant enquiry from those not involved in the resources
                                                                                                  DEC 11  170                    71        20
                                                                                               industry. New house releases are also adding to the
96               SEP 11   255                                    67            9               upper 188
                                                                                                  SEP 11end supply for the Oakey region.
                                                                                                                                    91           22
                 JUN 11   200                         81               13                      The median rent for a three-bedroom house in
                                                                                                 JUN 11 173                  77       14
                 MAR 11   236                              74               22                 Toowoomba increased $10 per week to $280 between
                                                                                                 MAR 11 125            69       21
                                                                                               March this year and March last year. The two-bedroom
                                                                                               unit median also increased $10 per week to $220.
                   Please see page 41 for legend andHOUSE SALES
                               FRASER COAST further notes                                                             MACKAY HOUSE SALES      March Quarter 2012
20




      TOOWOOMBA
      MEDIAN SALES DATA                                                                                      MEDIAN SALES DATA
      Suburb/	                  Number of	      Mar	       change	          12 mths to 	 change	 change      Suburb/	                       Number of	          Mar	               change	     12 mths to 	 change	 change
      Locality	                 Sales Mar	      Qtr	        over	           the end of	   over	   over       Locality	                      Sales Mar	          Qtr	                over	      the end of	   over	   over
      	                          Qtr 2012	     2012	         qtr	           Mar 2012	      1yr	   5yrs       	                               Qtr 2012	         2012	                 qtr	      Mar 2012	      1yr	   5yrs

      HOUSES                                                                                                 HOUSES continued
      TOOWOOMBA (LGA)	             347	$288,000	0.7%	$287,500	-2.5%	17.3%                                    CHINCHILLA ^	                       3	                     N/A	N/A	$478,000	N/A	24.2%

      TOOWOOMBA (LGA) ^	             67	     $446,000	      2.5%	           $425,000	    -3.4%	      16.4%   DALBY ~	                           27	$282,500	15.3%	$253,750	-4.2%	18.0%

      CENTENARY HEIGHTS	             26	 $288,500	-2.1%	 $290,000	-1.8%	 13.7%                               DALBY ^	                            7	$390,000	-0.3%	$410,000	4.5%	19.3%

      CROWS NEST	                     7	     $240,000	       2.1%	                N/A	        N/A	     N/A   MILES ~	                            5	                     N/A	N/A	$285,000	N/A	83.9%

      DARLING HEIGHTS	                7	$303,500	5.0%	$287,500	-4.2%	10.6%

      EAST TOOWOOMBA	                10	$344,000	-8.1%	$370,000	2.8%	20.1%                                   UNITS & TOWNHOUSES
      GLENVALE	                      17	$338,000	2.4%	$330,000	1.5%	24.3%                                    TOOWOOMBA (LGA)	                   71	 $230,000	-6.1%	 $240,000	-0.9%	 20.3%

      HARLAXTON ~	                    7	$232,000	 N/A	$216,000	-12.3%	 8.5%                                  CENTENARY HEIGHTS	                  5	                     N/A	N/A	$270,000	N/A	9.1%

      HARRISTOWN	                    27	$287,000	10.0%	$263,000	-1.3%	17.4%                                  EAST TOOWOOMBA ~ t	                 8	        $217,500	               -32.0%	     $245,000	     -2.0%	     33.8%

      HIGHFIELDS	                     7	$430,000	0.0%	$430,000	2.4%	19.4%                                    KEARNEYS SPRING ~	                  8	        $245,000	               10.4%	      $237,500	     -5.0%	     12.0%

      HIGHFIELDS ^	                  15	$485,000	8.0%	$467,500	7.5%	24.0%                                    NEWTOWN * t	                       11	        $251,000	                0.8%	      $244,000	    10.9%	      31.9%

      KEARNEYS SPRING	               16	$328,500	-3.0%	$335,000	5.9%	20.7%

      MIDDLE RIDGE	                  19	 $435,000	-6.1%	 $432,000	-0.7%	 20.8%                               VACANT LAND
      MOUNT LOFTY ~	                 12	     $325,000	     -14.5%	          $315,000	     -3.1%	      7.9%   TOOWOOMBA (LGA) *	                 69	        $136,000	               -9.0%	      $141,000	     0.5%	    51.6%

      NEWTOWN	                       37	$236,000	0.9%	$244,000	-4.1%	16.2%                                   TOOWOOMBA (LGA) ^ *	               44	        $164,000	                2.5%	      $158,000	    -1.3%	    14.5%

      NORTH TOOWOOMBA ~	             13	     $277,500	      40.5%	          $250,500	     -0.9%	     20.4%   GLENVALE *	                         3	                     N/A	            N/A	   $150,500	     5.2%	      32.0%

      OAKEY ~	                        9	$185,000	-25.3%	$220,000	-4.6%	24.3%                                 GOWRIE JUNCTION ^ *	                7	        $163,000	                    N/A	   $152,000	     7.8%	        N/A

      RANGEVILLE ~	                  24	$333,500	9.3%	$335,000	-9.8%	 4.7%                                   HIGHFIELDS ^ ~ *	                   5	        $135,000	               -48.1%	     $156,500	       N/A	     11.8%

      ROCKVILLE ~	                    6	            N/A	        N/A	        $230,000	    -10.2%	      7.0%   KEARNEYS SPRING *	                  5	        $175,000	                8.9%	      $166,343	       N/A	     24.1%

      SOUTH TOOWOOMBA	               25	$278,000	5.3%	$265,000	-3.6%	19.4%                                   KLEINTON *	                        38	 $136,250	-6.2%	 $139,750	-5.1%	                                       N/A

      TOOWOOMBA CITY	                 6	            N/A	        N/A	        $287,000	        5.9%	   16.8%   MIDDLE RIDGE ~ *	                   2	                     N/A	            N/A	   $190,750	     -5.3%	     25.1%

      WESTBROOK	                     11	$429,000	7.0%	$399,000	-0.3%	16.7%                                   OAKEY	                              5	$85,000	N/A	$80,000	-7.0%	30.1%

      WILSONTON	                     13	 $256,000	-0.4%	 $248,500	-9.3%	 10.9%                               WYREEMA *	                          0	                     N/A	N/A	$136,900	N/A	86.5%

      WILSONTON HEIGHTS	              6	            N/A	        N/A	        $257,450	        4.5%	   22.6%   						

      WYREEMA	                        4	            N/A	 N/A	 $282,500	-1.7%	 20.2%                          SURROUNDS						
      						                                                                                                 SOUTHERN DOWNS (LGA) ~	            10	                 N/A	             N/A	       $95,000	     5.6%	    35.7%

      SURROUNDS						                                                                                        SOUTHERN DOWNS (LGA) ^	            11	                 N/A	             N/A	      $155,000	    11.9%	    47.6%

      GOONDIWINDI (LGA) ~	           16	     $262,250	     54.3%	           $226,250	    -2.7%	      22.3%   WARWICK	                            4	                     N/A	 N/A	 $99,500	1.3%	32.7%

      GOONDIWINDI ~	                 12	$282,500	28.4%	$267,500	2.9%	 8.3%                                   						

      						                                                                                                 WESTERN DOWNS (LGA) *	             17	        $155,000	               19.2%	      $135,000	    12.5%	    92.9%

      SOUTHERN DOWNS (LGA) ~	        60	     $223,750	 -15.2%	              $237,000	    -3.3%	      24.7%   WESTERN DOWNS (LGA) ^ ~ *	 34	                $122,500	               88.5%	      $110,000	    10.6%	    155.1%

      SOUTHERN DOWNS (LGA) ^ ~	 10	                 N/A	        N/A	        $310,000	    -7.5%	      19.2%   CHINCHILLA *	                       8	 $182,500	14.1%	 $135,000	17.4%	 69.0%

      STANTHORPE ~	                  15	 $210,000	-14.1%	 $217,500	-13.0%	 17.6%                             CHINCHILLA ^	                       8	$189,000	 N/A	$165,000	17.9%	73.7%

      WARWICK ~	                     31	$240,000	-11.5%	$243,000	-0.8%	18.5%                                 DALBY *	                            5	$140,000	7.7%	$140,000	12.0%	72.8%

      						                                                                                                 DALBY ^ ~ *	                       10	        $127,500	                    N/A	   $111,000	     0.9%	      26.1%

      WESTERN DOWNS (LGA)	           67	     $285,000	      -2.6%	          $280,000	        5.1%	   40.0%   TARA ^ ~ *	                         7	            $36,000	             1.4%	       $36,000	    -16.3%	     63.6%

      WESTERN DOWNS (LGA) ^ ~	 17	           $302,000	 -13.7%	              $371,500	        3.9%	   82.1%

      CHINCHILLA ~	                  24	$292,500	-17.3%	$310,000	6.0%	36.4%



                           TOOWOOMBACITY LAND SALES
                              BRISBANE UNIT SALES                                                                            ROCKHAMPTON UNIT SALES
                                                                                                                                 TOOWOOMBA LAND SALES
1m+                     <$250,000
                         <$250,000         $250,000+
                                             $250,000+           $350,000+
                                                                   $350,000+             $500,000+
                                                                                            $500,000+                       <$250,000
                                                                                                                                <$250,000 $250,000+    $350,000+
                                                                                                                                                  $250,000+                                             $500,000+
                                                                                                                                                                                                       $350,000+
                                                                                                                                                                                                                                UNIT & TOWNHOU




                    45
           MAR MAR 12
               12          49                 82           19                 5    2 40                8      MARMAR 1215
                                                                                                                 12           66                      20                                           7             13 0                            M

                 DEC 44
            DEC 11 11      31         66                   23          20         98     3                    DEC DEC 117
                                                                                                                  11          59       13                                      7        2                  2 0                                   D

                 SEP 29
            SEP 11 11      52                1851           6      1 22            12                          SEP 11 117
                                                                                                                   SEP        54                                                                    3 0
                                                                                                                                       12                       7                   0
                 JUN 30
            JUN 11 11      28        32      17 25         3 8
                                                             2                                                     JUN 11
                                                                                                               JUN 11    9    41            8              3        3                   2 0                                                      J

           MAR MAR 11
               11   20     21    28
                                  16          8 6
                                                5      0                                                         MAR 11       26                               3 1                                                                               M
                                                                                                              MAR 11   6           8              3        0




                         BRISBANE SURROUNDS' LAND
              Please seeFRASER COAST UNIT SALES
                         page 41 for legend and further notes                            SALES                                          FRASER COAST LAND SALES Quarter 2012
                                                                                                                                         MACKAY UNIT SALES March
21




TOOWOOMBA
MEDIAN WEEKLY RENTS                                                                      MEDIAN WEEKLY RENTS
                Example                               Mar Qtr 2012      Mar Qtr 2011                    Example                    Mar Qtr 2012     Mar Qtr 2011
    Postcode




                                                                                             Postcode
                Suburb	                               Rent     New      Rent     New                    Suburb	                    Rent     New     Rent     New
                                                      ($)      Bonds    ($)      Bonds                                             ($)      Bonds   ($)      Bonds

3 BEDROOM HOUSES                                                                         2 BEDROOM UNITS
	               TOOWOOMBA REGIONAL	                   $280	697	$270	695                  	              TOOWOOMBA REGIONAL	        $220	431	$210	401

4350	KEARNEYS SPRING	                                 $280	557	$270	536                  4350	KEARNEYS SPRING	                     $220	419	$210	374

4352	AMIENS	                                          $300	37	$300	26                    4401	ACLAND	                              $185	       5	 $185	 11

4355	ANDURAMBA	                                       $255	        6	 $220	 10           	              GOONDIWINDI REGIONAL	      $185	28	$170	38

4356	PITTSWORTH	                                      $265	19	$245	25                    4390	 BILLA	
                                                                                              BILLA                                $185	28	$170	36

4357	BRINGALILY	                                      $220	        7	 $230	 10           	              SOUTHERN DOWNS REGIONAL	   $200	     38	    $190	      51

4359	ASCOT	                                           $240	5	$240	6                      4370	ALLAN	                               $200	30	$200	36

4361	           BACK PLAINS	                          $220	        5	   $230	      12    4380	AMIENS	                              $180	       8	 $165	 11

4400	           KINGSTHORPE	                          $280	       11	    n.a.	      3    	              WESTERN DOWNS REGIONAL	    $210	     58	    $230	      53

4401	ACLAND	                                          $260	30	$250	35                    4405	BLAXLAND	                            $210	40	$190	31

4614	NEUMGNA	                                         $220	7	$185	6                      4413	BAKING BOARD	                        $285	10	$270	18

	               GOONDIWINDI REGIONAL	                 $265	33	$240	36

4385	           BEEBO	                                $170	        5	    n.a.	      3    3 BEDROOM TOWNHOUSES
4390	 BILLA	
     BILLA                                            $270	24	$250	28                    	              TOOWOOMBA REGIONAL	        $300	19	$280	20

	               SOUTHERN DOWNS REGIONAL	              $240	      165	   $230	    149     4350	KEARNEYS SPRING	                     $300	19	$280	20

4362	           ALLORA	                               $260	        9	    n.a.	      4    	              SOUTHERN DOWNS REGIONAL	   $270	       5	    n.a.	      3

4370	ALLAN	                                           $250	88	$245	84

4380	AMIENS	                                          $230	46	$225	37

4383	           JENNINGS	                             $165	        5	    n.a.	      4

	               WESTERN DOWNS REGIONAL	               $300	      117	   $260	    138

4405	BLAXLAND	                                        $290	63	$260	82

4413	BAKING BOARD	                                    $350	35	$280	34

4415	MILES	                                           $270	7	$300	8




sunshine coast
House and Unit Market
The Sunshine Coast’s median house price increased                                        Sunshine Coast property prices at this stage are still solid
0.6 per cent to $430,000 over the quarter. The numbers                                   and this is starting to attract educated buyers who want
of preliminary house sales were also up 26 per cent                                      to get in before prices inevitably begin to increase again.
compared to the previous quarter.                                                        A solid performer over the March quarter was Coolum
Local agents report an increase of buyers through open                                   Beach which posted median house price growth of 8.1
homes over the period as well as growing numbers                                         per cent to $425,000.
prepared to make offers.                                                                 Coolum Beach has benefited enormously from
Agents are starting to see a slight tightening of stock,                                 international events held over recent years. Whereas
especially for properties priced between $400,000 and                                    previously it may have been a drive-through suburb
$500,000 where demand is greatest.                                                       between Maroochy and Noosa, buyers are now being
                                                                                         attracted to Coolum on its own merits, and that has been
An interesting trend, according to one agent, is a possible
                                                                                         reflected in property price growth over the last few years.
paradigm shift for buyers in the $1 million-plus price
bracket. Whereas before many buyers weren’t prepared                                     The Sunshine Coast was also the only major region
to pay more than $1 million, many are now open to paying                                 in SEQ to record an increase in its median unit and
$1.2 million or $1.3 million if it secures them the sale.                                townhouse price with it posting growth of 2.2 per cent to
                                                                                         $332,250.
Confidence is also starting to improve following the State
Election, which continues to positively impact the market.                               Similar to the Gold Coast, the Sunshine Coast saw a trend
                                                                                         towards demand for units in beachside suburbs with
Agents are starting to experience a handful of multiple
                                                                                         Mooloolaba and Noosaville recording the top increases in
offer situations, which have been fairly absent over recent
                                                                                         sales activity over the quarter.
times.

               Please see page 41 for legend and further notes                                                                             March Quarter 2012
22                      BRISBANE CITY HOUSE SALES                                                                            TOOWOOMBA HOUSE SALES
                    <$350,000             $350,000+             $500,000+       $1m+                                     <$350,000                $350,000+                       $500,000+

                                                                                                                       252                                                            81
     sunshine coast                                                                                                                                                                                         14
      MAR 12 148 773 931                                                          58                     MAR 12                                                                                                                    MAR 12

       DEC 11      185              788              858                          111                    DEC 11        269                                                                 75                   27                 DEC 11

      SEP 11 196 882                                      1013                              96
                                                                                                           MEDIAN SALES DATA
                                                                                                          SEP 11 255                                                                    67              9
     Land Market                                                                                           Suburb/	                        Number of	            Mar	   change	              12 mths to 	 change	 change
                                                                                                                                                                                                                                    SEP 11

                                                                                                         JUN 11        200                                       Qtr	 81 over	                13
     Over the 165     738        949                 91
       JUN 11                                                                                              Locality	                       Sales Mar	                                        the end of	   over	   over            JUN 11
               March quarter, land sales were strong on the                                                	                                Qtr 2012	           2012	     qtr	               Mar 2012	      1yr	   5yrs
     Sunshine Coast697 preliminary sales numbers returning
       MAR 11  118    with     910                83                                                     MAR 11        236                                                       74                   22                           MAR 11
     to levels seen over a year ago, with sales in the $350,000                                            HOUSES
                                                                                                           SUNSHINE COAST (LGA) +	            623	          $430,000	           0.6%	        $437,000	       -6.0%	       9.5%
     to $500,000 range recording the highest increase in
                                                                                                           SUNSHINE COAST (LGA) ^	            129	          $520,000	           2.0%	        $547,000	       -4.9%	      12.2%
     activity.
                 BRISBANE SURROUNDS' HOUSE SALES                                                                             FRASER COAST HOUSE N/A	 $520,000	
                                                                                                           ALEXANDRA HEADLAND ~	      5	   N/A	 SALES                                                       -24.1%	       -6.3%
     An increase in sales $350,000+
                <$350,000
                             particularly $500,000+ new prestige
                                          in some $1m+                                                     AROONA	 <$350,000                      $350,000+
                                                                                                                                                  6	            $500,000+
                                                                                                                                                          N/A	 N/A	 $423,000	-0.5%	 15.9%
     land releases at DickyCITY UNIT SALES
                  BRISBANE Beach and Peregian Springs also                                                                   TOOWOOMBA UNIT SALES
                                                                                                           BEERWAH	                           11	$340,000	 N/A	$377,250	
            <$250,000
       MAR 12   843     $250,000+ median increasing 14.6 $1m+cent
     contributed to the overall 677 $350,000+    $500,000+
                                                 218 4       per                                         MAR 12    <$250,000
                                                                                                                  167                       $250,000+                    7 -6.9%	19.3%
                                                                                                                                                         $350,000+ 35 $500,000+                                                    MAR 12
                                                                                                           BLACK MOUNTAIN ^	                      7	        $569,000	            N/A	                N/A	         N/A	     N/A
     toMAR 11 42 for the quarter.
        $271,500
       DEC 12   754      355 570709            185 187
                                                    7     26                                             MAR 11
                                                                                                         DEC 12    113
                                                                                                                   45                                            26
                                                                                                                                                                 19         8       5        2                                     DEC 11
                                                                                                                                                                                                                                  MAR 12
                                                                                                           BLI BLI	                               7	 $360,000	-2.7%	 $369,900	-7.5%	 8.8%
       SEP 11      891
                   35 239           477            788          201     21 246        12                 SEP 11    171                                                                     8 $515,000	 8 -20.8%	
                                                                                                                                                                                            33 3                                    SEP 11
                                                                                                           BUDDINA 44f	                                        23
       DEC 11                                                                                            DEC 11                                                                                                                    DEC 11
                                                                                                                   ~                              7	        $740,000	            N/A	                                     -9.6%
     Rental Market761
      JUN 11 686                                                      237 230
                                                                           7
       SEP 11      49            331      614                                           24               JUN 11
                                                                                                          SEP 11  129
                                                                                                                  29
                                                                                                           BUDERIM	                           18       6 31
                                                                                                                                                          1    4
                                                                                                                                               53	$457,000	1.6%	$470,000	-10.1%	 4.4%                                               JUN 11
                                                                                                                                                                                                                                   SEP 11
     The Sunshine Coast’s residential vacancy rate improved                                                 BUDERIM129
                                                                                                                   ^	                           4	
       MAR 11
        JUN 11     586 268 512
                   48            779                    244 6 33
                                                        201                                              MAR 11
                                                                                                          JUN 11   30                          17  3N/A	N/A	
                                                                                                                                                      231  1 $765,750	N/A	0.3%                                                     MAR 11
                                                                                                                                                                                                                                   JUN 11
     from 4.9 per cent to 3.1 per cent between March this year                                             BURNSIDE	                           11	$357,000	 N/A	$380,000	0.5%	23.0%
       INCLUDES REDLAND, 220
     and June37 LOGAN, IPSWICH & MORETON BAY REGIONAL174 13
       MAR 11        last year.
                             478                                                                         MAR 11   20                  16               5     0                                                                    MAR 11
                                                                                                           CALOUNDRA WEST	                        8	$400,000	 N/A	$375,000	-10.0%	 2.7%
     The Caloundra and Maroochy regions were predominantly
                     GOLD COAST HOUSE SALES                                                                COOLUM BEACH	
                                                                                                                             BUNDABERG HOUSE SALES
                                                                                                                                    25	$425,000	8.1%	$435,500	-5.3%	 1.5%
     behind the improving vacancy levels for the Sunshine                                                  COOROIBAH ^	                           6	$680,000	 N/A	$528,500	 N/A	10.1%
                <$350,000     $350,000+     $500,000+     $1m+                                                           <$350,000
                                                                                                                             $350,000+     $500,000+
     Coast. Stable rents SURROUNDS' UNIT SALES and low
               BRISBANE across both of these regions,                                                      COOROY	FRASER COAST UNIT SALES
                                                                                                                            8	   $382,500	N/A	      N/A	N/A	 N/A
     investor activity has helped current supply and demand
       MAR 12<$250,000
                94        $250,000+
                              394      $350,000+ 268$500,000+
                                                            52    $1m+                                            <$250,000
                                                                                                                 146                       $250,000+          26       $350,000+                  $500,000+                        MAR 12
                                                                                                         MAR 12
                                                                                                          CURRIMUNDI	                          17	 $385,000	-3.5%	 18
                                                                                                                                                                   $390,000	-7.1%	 3.9%
     levels return to healthy levels. Caloundra local agents
        DEC 11 116
       MAR 12   77         329 155         226       5163      14 0                                        DOONAN 9
                                                                                                         MAR 12
                                                                                                          DEC 11 ^ ~	             7               3 0 $520,000	 -31.6%	
                                                                                                                                                  7	                                         7$627,500	 -20.6%	           4.6%     DEC 11
                                                                                                                                                                                                                                  MAR 12
     report however that investors are beginning to re-emerge.                                                    144                                             26
       DEC 11     78                130                          75          16 0                        DEC 11 HOUSE MOUNTAINS	
                                                                                                           GLASS
                                                                                                                  18                              3	
                                                                                                                                                       20          N/A	          N/A	        $460,000	
                                                                                                                                                                                                     5      0 N/A	       15.0%     DEC 11
     The median rent for 399
        SEP 11  76                        264      53
                          a three-bedroom house on the                                                    SEP 11   157                                                                34             14                             SEP 11
                                                                                                           GLASS HOUSE MOUNTAINS ^	            11	          $395,000	            N/A	        $397,500	          -6.5%	   18.3%
     Sunshine Coast reduced $5 per week to 54
        JUN 11 101
       SEP 11
                68     346159         243     $365 between
                                               56 19 2                                                   SEP 11
                                                                                                         JUN 11
                                                                                                                  6
                                                                                                                   114
                                                                                                                           13                               6
                                                                                                                                                                34
                                                                                                                                                                       0
                                                                                                                                                                                  9
                                                                                                                                                                                                                                   SEP 11
                                                                                                                                                                                                                                    JUN 11
                                                                                                           GOLDEN BEACH ~	                     14	          $372,500	           2.1%	        $390,000	      -13.3%	       -3.7%
     March this year and March last year. The median rent for
       JUN 11  81      155                 61     23                                                     JUN 11   10            7                      4     1                                                                     JUN 11
     a MAR 11 25     371                350         36
       two-bedroom unit was steady at $300 over the same                                                   LANDSBOROUGH ^	
                                                                                                         MAR 11    132                            6	$385,500	N/A	
                                                                                                                                                            32  7                                    N/A	N/A	 N/A                  MAR 11
      MAR 11
     period.   71     143               58    14 3                                                       MAR 11   13
                                                                                                           LANDSBOROUGH ~	                 11 8	$334,250	 N/A	$340,000	
                                                                                                                                                     2 1               -10.4%	10.0%                                               MAR 11

      INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL                                              LITTLE MOUNTAIN	                    30	$450,000	1.4%	$430,000	-5.9%	 9.7%

                                                                                                           MALENY ^	                              5	$586,800	5.1%	$594,000	-5.0%	15.9%
                           SUNSHINE COAST HOUSE SALES
                           GOLD COAST UNIT SALES                                                                     GLADSTONE HOUSE SALES
                                                                                                           MALENY ~	 BUNDABERG UNIT SALES
                                                                                                                            7	$540,000	23.6%	$435,000	0.2%	16.0%
                   <$250,000
                   <$350,000           $250,000+
                                        $350,000+          $350,000+
                                                             $500,000+ $500,000+
                                                                         $1m+                     $1m+                     <$350,000$250,000+
                                                                                                                       <$250,000        $350,000+ $350,000+
                                                                                                                                                      $500,000+ $500,000+
                                                                                                           MARCOOLA	                              3	               N/A	N/A	$470,000	N/A	34.3%

      MAR 12
      MAR 12       108
                   136         288           326         238           165 131 24 36                     MAR 12 1315
                                                                                                           MAROOCHYDORE	
                                                                                                         MAR 12         102                   74
                                                                                                                                              21	 $420,000	-4.2%	 $429,500	-6.6%	 8.7%
                                                                                                                                               7          4  1                                                                    MAR 1212
                                                                                                                                                                                                                                   MAR

                                                                                                           MINYAMA ~ f	                           6	               N/A	          N/A	        $720,000	          -5.2%	   -25.8%
       DEC 11
       DEC 11      81
                   105       242       258         188        132 11925 45                               DEC 11 13
                                                                                                         DEC 11    9       110                 78
                                                                                                                                                11                                         10               2                      DEC 1111
                                                                                                                                                                                                                                     DEC
                                                                                                           MOFFAT BEACH	                          2	               N/A	          N/A	        $550,000	          -4.3%	   15.1%
       SEP 11
       SEP 11      98
                   140           349         325                231   168        22
                                                                                146          34           SEP 11 8
                                                                                                         SEP 11    28               16 18112	                              77                 2                                    SEP 1111
                                                                                                                                                                                                                                     SEP
                                                                                                           MOOLOOLABA ~ f	                                  $543,500	             5
                                                                                                                                                                            -14.1%	          $520,000	          0.2%	     6.8%
       JUN 11
        JUN 11     61
                   131         312259                      167
                                                          270          24       174              38                29      110
                                                                                                          JUN 11 9 VALLEY ^	 7
                                                                                                            MOOLOOLAH
                                                                                                         JUN 11                                   4	   452       3 N/A	          N/A	        $530,000	          -7.0%	   23.3%     JUN 1111
                                                                                                                                                                                                                                     JUN

                                                                                                           MOUNT COOLUM	                       11	$440,000	 N/A	$460,000	-5.0%	19.5%                                              MAR 1111
                                                                                                                                                                                                                                   MAR
      MAR 11
      MAR 11       55
                   82      307      269              267 154           20 134          33                MAR 11 12
                                                                                                         MAR 11   27                136       8              42 0 3
                                                                                                           MOUNTAIN CREEK	                     22	$470,000	5.6%	$459,900	-6.9%	11.4%

                                                                                                           NAMBOUR ~	                          19	$265,000	-14.0%	$305,000	-7.6%	 6.1%

                                                                                                           NOOSA HEADS + ~ * f	                11	         $1,000,000	      25.0%	           $750,000	       16.3%	       9.5%
                            SUNSHINE COAST UNIT SALES                                                                         GLADSTONE UNIT SALES
                                                                                                           NOOSAVILLE	                         15	$690,000	4.7%	$740,000	6.9%	17.5%
                   <$250,000           $250,000+           $350,000+         $500,000+            $1m+                  <$250,000           $250,000+                  $350,000+                     $500,000+
                                                                                                           PACIFIC PARADISE	                      7	$390,000	N/A	                                    N/A	N/A	 N/A
       MAR 12      60            131                            85           62             11                                                                                                                                    MAR 12
                                                                                                         MAR 12  2 27
                                                                                                          PALMWOODS	                              26
                                                                                                                                               13	$350,000	      7
                                                                                                                                                           -5.4%	$400,000	-10.1%	 3.9%

        DEC 11     47         119                        78            42       10                         PARREARRA	                          16	$515,000	1.0%	$539,000	-2.0%	13.5%                                              DEC 11
                                                                                                          DEC 11    21                         20                           4
                                                                                                           PELICAN WATERS ~ f	                 17	          $608,000	       15.8%	           $545,000	      -14.2%	       4.3%
        SEP 11     55          131                            102               52           11                                                                                                                                   SEP 11
                                                                                                          SEP 11    135                                           22                             9
                                                                                                           PEREGIAN BEACH ~ f	                    9	        $555,000	            N/A	        $522,500	      -18.7%	       -9.4%
        JUN 11     41       114                      96                 63             14                                                                                                                                         JUN 11
                                                                                                           PEREGIAN 3 10 +	
                                                                                                          JUN 11    SPRINGS       25           26	                4
                                                                                                                                                            $487,500	           4.8%	        $508,500	          -1.3%	    -5.1%

                   62            118                       97                64              22          MAR 11 ^	
                                                                                                          POMONA 0                                                                                                                MAR 11
       MAR 11                                                                                                    20                        12 2	8                  N/A	N/A	$489,000	N/A	4.0%

                                                                                                           SIPPY DOWNS	                        20	 $407,500	-1.2%	 $405,000	-8.2%	 9.5%

                                                                                                           SUNRISE BEACH f	                    12	          $460,000	       -27.0%	          $585,000	            N/A	    8.4%

                                                                                                           SUNSHINE BEACH ~ f	                    6	               N/A	          N/A	      $1,235,000	       59.9%	      50.1%

                                                                                                           TEWANTIN ~	                         36	$381,750	6.0%	$390,000	-13.3%	 0.0%

                                                                                                           TWIN WATERS	                        11	 $662,500	-0.4%	 $650,000	-0.9%	 2.8%

                                                                                                           WARANA	                                6	               N/A	 N/A	$477,500	7.3%	 9.0%


             Please see page 41 for legend and further notes                                                                                                                                     March Quarter 2012
23




sunshine coast
MEDIAN SALES DATA                                                                                                          MEDIAN WEEKLY RENTS
Suburb/	                       Number of	             Mar	        change	           12 mths to 	 change	 change                           Example                                          Mar Qtr 2012        Mar Qtr 2011




                                                                                                                               Postcode
Locality	                      Sales Mar	             Qtr	         over	            the end of	   over	   over                            Suburb	                                          Rent     New        Rent     New
	                               Qtr 2012	            2012	          qtr	            Mar 2012	      1yr	   5yrs                                                                             ($)      Bonds      ($)      Bonds

HOUSES continued                                                                                                            3 BEDROOM HOUSES
WURTULLA	                           15	 $403,000	-5.8%	 $416,000	-8.6%	 10.9%                                              	              SUNSHINE COAST REGIONAL	                         $365	     1055	     $370	    1025

                                                                                                                           4518	          GLASS HOUSE MOUNTAINS	                           $330	       12	     $320	      12
UNITS & TOWNHOUSES                                                                                                         4519	BEERWAH	                                                   $325	27	$320	16

SUNSHINE COAST (LGA) - ~	          349	         $332,250	             2.2%	         $349,000	           -4.4%	     1.5%    4550	LANDSBOROUGH	                                              $320	20	$320	13

ALEXANDRA HEADLAND f	                18	         $280,000	        -16.4%	           $310,000	           -5.8%	    -11.4%   4551	AROONA	                                                    $370	161	$370	155

BUDERIM - ~	                         24	         $327,500	            7.6%	         $340,000	        -14.1%	       3.2%    4552	 KNOB	
                                                                                                                                BALD                                                       $350	25	$325	29

CALOUNDRA * f	                       23	         $363,000	            0.5%	         $364,000	        -12.9%	       -2.9%   4553	PALMVIEW	                                                  $350	17	$350	18

COOLUM BEACH t f	                    11	         $315,000	            2.3%	         $325,000	        -14.1%	      -11.0%   4554	          EUDLO	                                           $330	         6	     n.a.	      3

GOLDEN BEACH f	                      13	         $310,000	         -0.8%	           $335,000	        -10.1%	      -14.1%   4555	CHEVALLUM	                                                 $360	23	$365	17

KINGS BEACH ~ f	          BRISBANE CITY LAND SALES
                               21	 $360,000	 -1.2%	 $366,000	                                        -13.1%	      -14.4%   4556	BUDERIM	            TOOWOOMBA LAND SALES 100	 $390	
                                                                                                                                                                    $380	                                                 88
           <$250,000
MARCOOLA * f	
                                     $250,000+
                                     12	  $390,000	
                                                                  $350,000+
                                                                  30.0%	 $360,000	
                                                                                   $500,000+ 8.4%
                                                                                      9.8%	                                4557	 <$250,000
                                                                                                                                MOOLOOLABA	                          $250,000+                 $350,000+ $390	49
                                                                                                                                                                                           $400	43	

  MAR 12    49
MAROOCHYDORE	                          82                40
                                     38	$318,000	6.2%	$348,500	     8
                                                               -3.2%	 4.0%                                                         66
                                                                                                                           MAR 12 MAROOCHYDORE	
                                                                                                                            4558	                                                          $360	52	  0
                                                                                                                                                                                                  3 $365	52                     MAR 12
MOOLOOLABA f	
   DEC 11   31                 66 39	$367,000	12.1%	$350,000	
                                              20    9        -5.4%	-3.8%                                                   4559	
                                                                                                                           DEC 11 DIDDILLIBAH	
                                                                                                                                   59                                                      $350	12	
                                                                                                                                                                                                2 0 $380	10
                                                                                                                                                                                                                                DEC 11
MOUNT COOLUM * f	                     7	         $424,000	        40.2%	            $332,500	           -1.5%	    18.8%     4560	  BLI BLI	                                                $330	      130	     $350	      85
   SEP 11   52                             51                             22         12                                     SEP 11  54                                                         3 0                              SEP 11
MOUNTAIN CREEK	                       5	                N/A	N/A	$287,500	N/A	20.8%                                          4561	  BRIDGES	                                                $345	14	$340	14
   JUN 11     28             32                 25           8                                                             JUN 11   41                                           2 0                                            JUN 11
NAMBOUR * t	                          7	         $258,000	             N/A	         $230,000	        -22.0%	       -0.4%    4562	 PARK	
                                                                                                                                   BELLI                                                   $345	15	$400	13
   MAR 11     21          28           8 6                                                                                 MAR 11   26                             3 1                                                          MAR 11
NOOSA HEADS - * f	                   30	         $587,500	            2.6%	         $497,500	        -18.4%	      -22.0%    4563	  BLACK MOUNTAIN	                                         $350	18	$350	13

NOOSAVILLE	                          28	$326,250	5.2%	$354,000	-1.7%	 8.9%                                                 4564	MARCOOLA	                                                  $350	38	$370	48

PELICAN WATERS - f	                   9	         $370,000	             N/A	         $375,000	        -20.2%	      -15.7%   4565	BOREEN	                                                    $360	44	$360	63

SIPPY DOWNS *	 BRISBANE 6	
                        SURROUNDS' LAND SALES
                             N/A	 N/A	 $300,500	 N/A	                                                              5.4%    4566	NOOSAVILLE	         FRASER COAST LAND SALES
                                                                                                                                                                       $390	16	$410	23
               <$250,000
SUNSHINE BEACH ~ f	
                                     $250,000+
                                      8	  $505,000	
                                                                   $350,000+
                                                                    N/A	
                                                                                   $500,000+
                                                                          $475,000	 -30.7%	 -17.4%                         4567	 <$250,000
                                                                                                                                CASTAWAYS BEACH	                    $250,000+                  $350,000+ $420	41
                                                                                                                                                                                           $420	49	
    MAR 12    304                                                                    72        8 2                         MAR 12 38
                                                                                                                            4568	FEDERAL	                                                         1
                                                                                                                                                                                           $350	0 11	 $330	                9    MAR 12

VACANT 345
  DEC 11 LAND                                                                             56        14 3                   4569	COORAN	
                                                                                                                           DEC 11 33                                                       $300	 11	 $290	
                                                                                                                                                                                            00                             5    DEC 11
SUNSHINE11
    SEP COAST (LGA) + *	
            278                     94	         $271,500	         14.6%	49 $245,000	
                                                                            14 6                        -3.2%	    25.0%     4572	  ALEXANDRA HEADLAND	                                     $445	11	$415	12
                                                                                                                            SEP 11  35                                                             2 0                           SEP 11
SUNSHINE11                                                                                                                  4573	  COOLUM BEACH	                                           $380	       85	     $380	     107
    JUN COAST (LGA) ^ ~	
            313                     41	         $300,000	 -11.8%	                   $360,000	
                                                                                    40 18 4             2.9%	     24.1%
                                                                                                                           JUN 11   26                                       2         0                                        JUN 11
BEERWAH	                              1	                N/A	 N/A	 $189,000	0.5%	21.9%                                       4575	  BIRTINYA	                                               $380	106	$375	127
     MAR 11       216                                         47 9 5                                                       MAR 11   32                                                     1 1                                  MAR 11
BIRTINYA	                             6	$309,500	 N/A	$320,000	0.0%	 8.1%
    Includes REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
BLI BLI *	                            1	                N/A	           N/A	         $207,500	             N/A	     5.9%
                                                                                                                           2 BEDROOM UNITS
BUDERIM +	                            2	                N/A	           N/A	         $297,000	           12.5%	    20.2%    	              SUNSHINE COAST REGIONAL	                         $300	     1036	     $300	    1022

DICKY BEACH	
                           GOLD8	
                                COAST LAND SALESN/A	N/A	 N/A
                                  $303,000	N/A	                                                                            4519	BEERWAH	
                                                                                                                                                    BUNDABERG LAND SALES
                                                                                                                                                                     $185	6	$134	8
                <$250,000             $250,000+                       $350,000+                     $500,000+                                <$250,000               $250,000+                     $350,000+
DOONAN ^	                             5	$255,000	N/A	                                      N/A	N/A	 N/A                    4550	LANDSBOROUGH	                                              $162	7	$132	8
                                                                                                                                                                                                                                MAR 12
LITTLE MOUNTAIN 70
     MAR 12     *	                    5	        $235,000	          25
                                                                    N/A	                 13N/A	 11 N/A	             N/A    4551	 57
                                                                                                                           MAR 12 AROONA	                                                     2 0
                                                                                                                                                                                           $290	182	$295	176

MOUNTAIN11
    DEC CREEK39
             *	                       8	   44 $270,000	               1.0%	 12 $265,000	
                                                                                 15                      1.5%	      N/A    DEC 11 BUDERIM	
                                                                                                                           4556	                                                           $300	58	$280	35                       DEC 11
                                                                                                                                   57                                                        01
NOOSAVILLE + f *	                     4	                N/A	           N/A	         $250,000	        -24.2%	      -42.0%   4557	  MOOLOOLABA	                                              $290	121	$295	124                     SEP 11
      SEP 11    42                                               62                          15           10               SEP 11  33                                 3 2
PELICAN WATERS f *	                   7	        $306,000	              N/A	         $300,000	        -16.7%	      -26.8%   4558	  MAROOCHYDORE	                                            $300	193	$320	197
     JUN 11     43                              18           11       7                                                                                                                                                          JUN 11
PEREGIAN SPRINGS + ~ *	             16	         $226,000	         -13.9%	           $225,000	        -11.8%	      -15.1%
                                                                                                                           JUN 11  25           0              0
                                                                                                                           4559	  DIDDILLIBAH	                                             $270	10	$280	11
     MAR 11       17        20        3 15                                                                                                                                                                                      MAR 11
                                                                                                                           4560	   26
                                                                                                                           MAR 11 BLI BLI	                   01                            $240	46	$245	55

                                                                                                                           4561	BRIDGES	                                                   $260	9	$270	5

                                                                                                                           4563	          BLACK MOUNTAIN	                                  $250	         7	     n.a.	      3

                       SUNSHINE COAST LAND SALES                                                                           4564	MARCOOLA	           GLADSTONE LAND SALES
                                                                                                                                                                      $320	66	$320	59

               <$250,000             $250,000+                     $350,000+                        $500,000+              4565	 <$250,000
                                                                                                                                BOREEN	                              $250,000+                 $350,000+$270	12
                                                                                                                                                                                           $300	13	

                                                                                                                           4566	  NOOSAVILLE	                                              $320	34	$320	44
    MAR 12       40                                      35                                         9        10            MAR 12  24               22                   3                                                       MAR 1
                                                                                                                           4567	  CASTAWAYS BEACH	                                         $340	59	$340	67
     DEC 11      40                                      23                          9          1                          DEC 11  28                18                  0                                                       DEC 1
                                                                                                                           4572	  ALEXANDRA HEADLAND	                                      $330	67	$330	68
      SEP 11     56                                                            24                         4 5              4573	75
                                                                                                                            SEP 11 COOLUM BEACH	                                               27
                                                                                                                                                                                           $300	71	 4
                                                                                                                                                                                                   $295	86                        SEP 1

                                                                                                                           4575	52
                                                                                                                           JUN 11 BIRTINYA	                                  14        0 $370	80	$380	58                         JUN 1
     JUN 11      40                                      22                          8      6

    MAR 11       26                        17                15                 11                                         MAR 11          47                            6   5                                                   MAR 1




            Please see page 41 for legend and further notes                                                                                                                                         March Quarter 2012
24




     sunshine coast
     MEDIAN WEEKLY RENTS                                                                      MEDIAN WEEKLY RENTS
                     Example                               Mar Qtr 2012      Mar Qtr 2011                 Example                   Mar Qtr 2012     Mar Qtr 2011
         Postcode




                                                                                               Postcode
                     Suburb	                               Rent     New      Rent     New                 Suburb	                   Rent     New     Rent     New
                                                           ($)      Bonds    ($)      Bonds                                         ($)      Bonds   ($)      Bonds

     3 BEDROOM TOWNHOUSES                                                                     3 BEDROOM TOWNHOUSES continued
     	               SUNSHINE COAST REGIONAL	              $350	      189	   $360	     217    4560	 BLI	
                                                                                                   BLI                              $305	14	$340	12

     4551	AROONA	                                          $320	29	$350	29                    4564	MARCOOLA	                        $390	 10	 $390	              8

     4556	BUDERIM	                                         $380	37	$380	35                    4566	NOOSAVILLE	                      $400	       5	 $450	 13

     4557	MOOLOOLABA	                                      $360	16	$360	19                    4567	       CASTAWAYS BEACH	          $410	       6	   $450	      10

     4558	MAROOCHYDORE	                                    $350	28	$340	26                    4573	COOLUM BEACH	                    $380	21	$370	26




     FRASER coast
     HOUSE AND UNIT MARKETS                                                                   VACANT LAND MARKET
     The top performer of all major regions across the State                                  The land sales market in the Fraser Coast region saw a
     was Fraser Coast, which posted median house price                                        slight increase in activity over the March quarter. The
     growth of 7.8 per cent to $290,000 over the March quarter.                               median land price however remained unchanged at
     The numbers of preliminary house sales were also up an                                   $130,000.
     impressive 42 per cent.
                                                                                              Acreage land sales saw an increase in activity, most
     Local REIQ agents say the region had benefited from a                                    notably for land available at Glenwood.
     busy Christmas period as well as an increase in buyers
                                                                                              Vacant land is reportedly not selling unless it is part of
     prepared to buy due to the affordability of property in the
                                                                                              a house and land package. There has been an increase
     area.
                                                                                              in building approvals which should see the land market
     The March quarter was characterised by a slight increase                                 improve over coming months.
     of sales in the $500,000-plus bracket.
                                                                                              Sales activity in the surrounding regions of Gympie and
     There was additional demand in the upgrader market,                                      South Burnett also remained relatively steady, with a shift
     which was predominantly coming from owner-occupiers.                                     towards more affordable lots seeing both medians record
                                                                                              a decline over the quarter.
     This can mainly be attributed to the softening of prices
     that has occurred at the upper-end of the market over
     recent years which is attracting buyers looking for                                      RENTAL MARKET
     excellent value for money.
                                                                                              The median rent for a Fraser Coast three-bedroom house
     Buyers were generally still looking for the best                                         increased $5 per week to $260 between March last year
     opportunities available, according to local agents, with                                 and March this year. The median rent for a two-bedroom
     many remaining price conscious.                                                          unit increased $15 per week to $215 over the same period.
     There are also some increasing levels of confidence with                                 The REIQ March residential rental vacancy rate for the
     many people starting to believe the worst of the economic                                Fraser Coast was 3.8 per cent. The vacancy rate for Hervey
     conditions could be behind us.                                                           Bay specifically however was 2.6 per cent, down from 3.8
     Maryborough performed well over the March quarter                                        per cent in December.
     with its median house price increasing 3.4 per cent to                                   Local agents say demand was strengthening, especially
     $212,000 over the period.                                                                for three to four bedroom properties with an additional
     A solid performer over the year ending March was                                         bathroom.
     Scarness which posted median price growth of 5 per cent
     to $308,750.
     The median unit and townhouse price in Fraser Coast
     reduced 7 per cent to $251,000 over the quarter but this
     was impacted by a change in the number of waterfront
     and new properties sold over the period. Over the year, the
     median unit price increased 3.4 per cent.

                    Please see page 41 for legend and further notes                                                                         March Quarter 2012
25




             FRASER coast
             MEDIAN SALES DATA                                                                                                  MEDIAN SALES DATA
             Suburb/	                     Number of	        Mar	       change	         12 mths to 	 change	 change              Suburb/	                  Number of	           Mar	       change	         12 mths to 	 change	 change
             Locality	                    Sales Mar	        Qtr	        over	          the end of	   over	   over               Locality	                 Sales Mar	           Qtr	        over	          the end of	   over	   over
             	                             Qtr 2012	       2012	         qtr	          Mar 2012	      1yr	   5yrs               	                          Qtr 2012	          2012	         qtr	          Mar 2012	      1yr	   5yrs

             HOUSES                                                                                                             HOUSES continued
             FRASER COAST (LGA) ~	            209	     $290,000	        7.8%	          $282,000	         -6.0%	         6.4%    URANGAN	                        22	 $307,500	-0.8%	 $300,000	-6.3%	 3.4%

             FRASER COAST (LGA) ^	             32	     $338,500	        2.6%	          $350,000	         -8.6%	         3.4%    URRAWEEN ~	                     11	$315,000	-17.1%	$329,400	-1.9%	 1.4%

             BURRUM HEADS ~	                     6	           N/A	          N/A	       $349,000	            N/A	        -4.1%   						

             ELI WATERS	                       11	$301,000	 N/A	$310,000	-3.1%	 8.8%                                            SURROUNDS						
             GLENWOOD ^ ~	                       4	           N/A	          N/A	       $191,250	         -11.7%	       15.9%    GYMPIE (LGA) ~	                 65	       $270,000	           -5.6%	      $263,000	         -6.1%	    9.6%

             GRANVILLE	                          7	$220,000	 N/A	$230,000	 N/A	15.6%                                            GYMPIE (LGA) ^	                 41	       $310,000	           -1.9%	      $333,314	         -6.6%	    4.7%

             KAWUNGAN ~	
                                       TOOWOOMBA HOUSE $323,500	-0.5%	
                                          17	 $313,000	-3.9%	
                                                              SALES                                                     7.1%    CHATSWORTH ^	        ROCKHAMPTON HOUSE SALES
                                                                                                                                                          5	$307,000	N/A	 N/A	N/A	 N/A
                                     <$350,000             $350,000+                    $500,000+                                                  <$350,000 25	 $350,000+       $500,000+
             MARYBOROUGH	                      42	$212,000	3.4%	$215,000	-4.4%	10.3%                                            GYMPIE	                           $242,000	-0.8%	 $240,000	-4.8%	 5.3%

             PIALBA ~	 12
                  MAR          252               6	           N/A	          N/A	          81
                                                                                       $260,000	         -12.0%	 14 -8.8%       SOUTHSIDE	
                                                                                                                                  MAR 12  215                   17	 $310,000	-4.6%	 $315,000	-2.2%	 5.4%
                                                                                                                                                                                 102         25
             POINT VERNON	
                   DEC 11 269                  21	 $280,000	-2.9%	 $291,665	-6.0%	 5.7%
                                                                         75       27                                            						
                                                                                                                                  DEC 11   170                      71        20
             SCARNESS	                         12	$308,750	 N/A	$283,500	5.0%	 3.7%                                             SOUTH BURNETT (LGA) ~	   50	 $194,500	 -7.6%	  $210,000	 -6.7%	 21.7%
96                 SEP 11      255                                                         67                 9                   SEP 11   188                         91            22
             TINANA	                             6	           N/A	 N/A	 $318,000	2.6%	24.0%                                     SOUTH BURNETT (LGA) ^ ~	 23	 $295,000	 28.0%	  $282,500	 -8.9%	 37.5%
                   JUN 11      200                                           81                   13
             TOOGOOM f	                          3	           N/A	          N/A	       $282,000	          -5.8%	       -15.8%   KINGAROY	 173
                                                                                                                                   JUN 11                                  77
                                                                                                                                                                27	 $237,500	-4.8%	 14
                                                                                                                                                                                    $249,500	-3.9%	 17.1%

             TORQUAY ~	 236
                 MAR 11                        19	$318,000	      74
                                                           20.0%	$296,500	 22
                                                                          -7.3%	-1.2%                                                     125
                                                                                                                                KINGAROY ^	
                                                                                                                                  MAR 11                              69       21
                                                                                                                                                                    5	$367,500	 N/A	$425,000	5.7%	38.4%

                                                                                                                                NANANGO	                            8	$189,000	 N/A	$202,000	-6.0%	20.4%

                                                                                                                                SOUTH NANANGO ^	                    5	    $295,000	             N/A	               N/A	       N/A	     N/A

                                       FRASER COAST HOUSE SALES                                                                                  MACKAY HOUSE SALES
                                                                                                                                UNITS & TOWNHOUSES
                                       TOOWOOMBA UNIT
                                     <$350,000         SALES
                                               $350,000+  $500,000+                                                                            ROCKHAMPTON UNIT SALES
                                                                                                                                         <$350,000 $350,000+        $500,000+
$1m+                            <$250,000             $250,000+              $350,000+                   $500,000+              FRASER COAST (LGA) - * f	   19	  $251,000	                    -7.0%	      $276,900	          3.4%	    1.6%




                                                                                                                                                                                                                                                                                  HOUSE PRICEPOINTS - SALES NUMBERS BY PRICE RANGE
                  MAR 12       167                                                    35                    7                     MAR 12       <$250,000
                                                                                                                                               53     169    $250,000+                        $350,000+
                                                                                                                                                                                                 76                   $500,000+




                                                                                                                                                                                                                                              UNIT & TOWNHOUSE PRICE POINTS - SALES NUMBERS BY PRI
                                                                                                                                TORQUAY f	                   3	        N/A	                     N/A	       $235,000	        -2.1%	   -13.3%
                   MAR 12      45
                               113                                     19
                                                                       26          8       5     2                                 DEC 11 15
                                                                                                                                  MAR 12                178 7	 20 $279,900	                                  7         1
                                                                                                                                                                                                       71$281,900	 -10.5%	
                                                                                                                                URANGAN - * f	 58
                   DEC 11
                                                                                                                                                                                              -0.2%	                                 -10.5%
                    DEC 11     44
                               171                                     23                       8 3
                                                                                                33            8                   DEC 11     7          13                                7     2
                    SEP 11                                                                                                         SEP 11     61         148                                    56
                    SEP 11     29                      18                  6 31
                                                                              1                                                 VACANT LAND
                                                                                                                                 JUN 11 7
                                                                                                                                 SEP 11   12                                   7               0
                   JUN 11      129                                                         4                                                 53         148                                    43
                   JUN 11      30                       17             3 2                                                      FRASER COAST (LGA) *	     39	             $130,000	           0.0%	       $145,000	         -6.5%	    5.1%
                  MAR 11       129                                        31               1                                      JUN 11 9
                                                                                                                                  MAR11     59         8
                                                                                                                                                      147                 3        3            49
                                                                                                                                FRASER COAST (LGA) ^ ~ *	 43	             $112,000	          12.0%	       $100,000	          0.5%	   22.7%
                   MAR 11       20             16            5     0                                                             MAR 11    6        8        3            0
                                                                                                                                BURRUM HEADS ~	            7	              $145,000	            N/A	       $131,000	        -9.7%	    -3.7%

                                                                                                                                GLENWOOD ^ ~ *	                 15	         $65,000	      -17.2%	              $75,000	     -6.3%	   30.4%
                                       BUNDABERG HOUSE SALES                                                                                          TOWNSVILLE HOUSE SALES
                                                                                                                                RIVER HEADS ~ f	                    3	             N/A	         N/A	       $115,000	       -20.7%	   -21.2%
                                     <$350,000 COAST UNIT SALES
                                      FRASER      $350,000+  $500,000+                                                                                    MACKAY UNIT SALES
                                                                                                                                                   <$350,000   $350,000+  $500,000+
                                                                                                                                URRAWEEN	                           2	             N/A	 N/A	 $175,000	3.2%	16.7%
 $1m+                            <$250,000     $250,000+      $350,000+      $500,000+                                                      <$250,000               $250,000+                 $350,000+                   $500,000+
                   MAR 12       146                                26     18                                                    WONDUNNA *	 190
                                                                                                                                  MAR 12                            4	     197
                                                                                                                                                                            N/A	                N/A	       $173,500	        42
                                                                                                                                                                                                                            -0.9%	  13.4%
 0
                                      TOOWOOMBA LAND SALES                                                                                            ROCKHAMPTON LAND SALES
                   MAR 12       9          7      3 0                                                                           MAR 12
                                                                                                                                						  13  17     16    4
00+                DEC 11         <$250,000
                                144                  $250,000+     26    $350,000+
                                                                         7                                                       DEC 11 172    181    37
                                                                                                                                                <$250,000          $250,000+              $350,000+
                   DEC 11       18                   20                       5    0                                            SURROUNDS						
                                                                                                                                  DEC 11     8       12          20                     5
8                  MAR 12
                    SEP 11      66
                                157                                   34      14 3 0                                              MAR 11
                                                                                                                                    SEP       179                   181                  1 1 41 4.0%	 36.1%
                                                                                                                                GYMPIE12(LGA) 117
                                                                                                                                              ~ *	         10	   $118,500	 -12.2%	   $130,000	
                    SEP 11      6      13               6     0                                                                    SEP 11    14           22                        13            1
                   DEC 11
                   JUN 11       59
                                114                        34       9       2 0                                                    JUN        145
                                                                                                                                   DEC (LGA) 81 ~ *	
                                                                                                                                GYMPIE11      ^            26	 197
                                                                                                                                                                 $146,500	 2 1N/A	         42
                                                                                                                                                                                     $133,000	 -3.3%	   2.5%
                   JUN 11       10           7      4 1                                                                           JUN 11     9        18                  5    6
                    SEP 11      54                                      3 0                                                     CURRA ^ ~	 72
                                                                                                                                  MAR 11
                                                                                                                                   SEP        145           5	   $118,000	 1 N/A	
                                                                                                                                                               162     4              $116,500	
                                                                                                                                                                                     42          6.9%	 42.1%
                   MAR 11       132                             32     7
                   MAR 11       13             11          2 1                                                                  GYMPIE 11
                                                                                                                                  MAR *	     11         20 2	         N/A	    8N/A	    2
                                                                                                                                                                                      $130,000	  0.0%	 39.8%
                   JUN 11       41                           2 0                                                                   JUN 11     56                1 1
                                                                                                                                JONES HILL ~ *	                     5	     $115,000	      -17.4%	                  N/A	       N/A	     N/A
                   MAR 11       26                      3 1                                                                       MAR 11     47                     1 2
                                                                                                                                SOUTHSIDE *	                        1	             N/A	N/A	$135,000	N/A	50.0%
                                       BUNDABERGHOUSE SALES
                                       GLADSTONE UNIT SALES                                                                                         TOWNSVILLE UNIT SALES
                                                                                                                                                     CAIRNS HOUSE SALES
                                                                                                                                						
      $1m+                      <$250,000     $250,000+     $350,000+     $500,000+                                                        <$250,000      $250,000+       $350,000+      $500,000+
                                    <$350,000     $350,000+     $500,000+                                                                      <$350,000 19	
                                                                                                                                SOUTH BURNETT (LGA) ~ *	       $350,000+
                                                                                                                                                               $57,000	 -28.8%	 $500,000+ 0.0%	
                                                                                                                                                                                  $80,000	         60.0%
                                        FRASER COAST LAND SALES                                                                                        MACKAY LAND SALES 13
                                                                                                                                  MAR 12 25
                                                                                                                                 MAR BURNETT (LGA) ^ ~	 4721	
                                                                                                                                SOUTH12                                   $112,500	                             9
00+
                  MAR 12
                  MAR 12       13
                               15    102
                                 <$250,000
                                                        7
                                                       74 $250,000+4                   1
                                                                                                $350,000+                                  143     <$250,000                  113 13.1%	
                                                                                                                                                                              $250,000+
                                                                                                                                                                                               12.0%	
                                                                                                                                                                                        34$350,000+       $109,750	
                                                                                                                                                                                                      67.6%

                                                                                                                                KINGAROY *	                         6	$122,000	 15.0%	$119,000	8.2%	30.8%
                                                                                                                                    DEC 11 40                         30             30          5
                               13                        11                                     10 0 1             2              DEC 11
                  MAR 11
                  DEC
                                                                                                                                                                                                                                                                                          LAND PRICEPOINTS - SALES NUMBER




                   DEC 12
                       11      38
                               9        110             78                                                                         MAR 12    159
                                                                                                                                             109                            100     9 0 25
                                                                                                                                MEMERAMBI	                          2	             N/A	N/A	$80,000	N/A	 N/A
    34             SEP 11
                   DEC 11      8
                               33              16 181                                      5 0
                                                                                           0         2                             SEP 11   33
                                                                                                                                     SEP 11 149
                                                                                                                                                                     32                          23                  97 2
                   SEP 11      28                                              77                                                   DEC 11   164                                       132                             42
     38                        35                                                                2 0                              JUN 11     22           20               22                  6
                   SEP
                   JUN 11
                   JUN 11      9
                               29          110 7             452       3                                                            SEP 11
                                                                                                                                    JUN 11    123
                                                                                                                                              121                         92                        27 1 2
                  MAR 11
                  JUN 11       26
                               12                      8              2            0                                              JUN 11
                                                                                                                                 MAR 11    69
                                                                                                                                          26                   29          3 1          19                10
                  MAR 11       27             136                  42 0 3                                                         MAR 11   113                           106                         48
                  MAR 11       32                                                          1 1                                     MAR 11  20 4 1


                                      GLADSTONE UNIT SALES                                                                                               CAIRNS UNIT SALES
      $1m+
                         Please see page 41 for legend and furtherSALES
                                      BUNDABERG LAND notes
                                 <$250,000        $250,000+     $350,000+                                 $500,000+                                 TOWNSVILLE LAND SALES $500,000+ 2012
                                                                                                                                             <$250,000   $250,000+     $350,000+
                                                                                                                                                                                 March Quarter
000+                              <$250,000                   $250,000+                          $350,000+                                     <$250,000        $250,000+         $350,000+
26




     FRASER coast
     MEDIAN WEEKLY RENTS                                                                             MEDIAN WEEKLY RENTS
                     Example                                     Mar Qtr 2012     Mar Qtr 2011                        Example                               Mar Qtr 2012                Mar Qtr 2011
         Postcode




                                                                                                         Postcode
                     Suburb	                                     Rent     New     Rent     New                        Suburb	                               Rent     New                Rent     New
                                                                 ($)      Bonds   ($)      Bonds                                                            ($)      Bonds              ($)      Bonds

     3 BEDROOM HOUSES                                                                                2 BEDROOM UNITS
     	               FRASER COAST REGIONAL	                      $260	    400	    $255	        370   	                FRASER COAST REGIONAL	                $215	        194	           $200	         253

     4650	ALDERSHOT	                                             $250	152	$240	134                   4650	ALDERSHOT	                                        $180	50	$175	64

     4655	BOORAL	                                                $270	219	$260	211                   4655	BOORAL	                                           $225	144	$220	182

     4659	BEELBI CREEK	                                          $265	25	$240	18                     	                GYMPIE REGIONAL	                      $190	63	$190	59

     	               GYMPIE REGIONAL	                            $250	179	$250	205                   4570	AMAMOOR	                                          $185	44	$190	46

     4570	AMAMOOR	                                               $255	141	$250	150                   4581	EURONG	                                           $200	 15	 $220	                             7

     4580	COOLOOLA	                                              $255	28	$260	37                     	                SOUTH BURNETT REGIONAL	               $185	         70	           $180	          65

     4601	BARAMBAH	                                              $190	6	$180	6                       4610	ALICE CREEK	                                      $190	61	$195	49

     	               SOUTH BURNETT REGIONAL	                     $235	    166	    $230	        159   4615	            BARKER CREEK FLAT	                    $150	             5	        $150	           8

     4605	BARLIL	                                                $195	21	$195	18

     4606	CHARLESTOWN	                                           $215	14	$210	17                     3 BEDROOM TOWNHOUSES
     4610	ALICE CREEK	                                           $250	82	$250	68                     	                FRASER COAST REGIONAL	                $300	         63	           $295	          45

     4615	           BARKER CREEK FLAT	                          $220	      41	   $220	         48   4655	BOORAL	                                           $300	63	$300	43

                                                                                                     	 GYMPIE REGIONAL	                                     $270	6	$310	6

                                                                                                     4570	            AMAMOOR	                              $330	             5	         n.a.	          4




                                     BRISBANE CITY HOUSE SALES                                                                        TOOWOOMBA HOUSE SALES
                                 <$350,000          $350,000+      $500,000+        $1m+                                          <$350,000     $350,000+            $500,000+

                                                                                                                                252                                      81                      14
     bundaberg
        MAR 12 148 773                                     931                          58                          MAR 12

                       DEC 11    185          788           858                         111                         DEC 11      269                                           75                  27

     House and unit markets
         SEP 11 196 882   1013                                                                  96                   SEP 11     255                                      67                  9

     The Bundaberg median house price increased 3.7 per
              JUN 11 165    738       949            91                                              The inner suburbs of Bundaberg North and Bundaberg
                                                                                                          JUN 11 200                    81           13
     cent to $280,000 over 697 quarter.
             MAR 11  118
                           the      910           83
                                                                                                     South both recorded a pick-up in activity 74 the 22
                                                                                                          MAR 11 236                            over    quarter.
     Local agents say sales activity continues to strengthen                                         The median unit and townhouse price in Bundaberg
     with confidence amongst buyers, particularly investors,                                         reduced 8.6 per cent to $245,000 over the quarter however
     heating up.                                                                                     this was mainly due to a change in the numbers of
                                BRISBANE SURROUNDS' HOUSE SALES                                                      FRASER COAST HOUSE SALES
                                                                                                     waterfront units sold.
     The relative affordability of $350,000+
                     <$350,000     the Bundaberg housing
                                              $500,000+     $1m+                                                                  <$350,000     $350,000+           $500,000+
     market continues to draw the attention of investors and                                         Sales activity was down over the quarter as restricted
     renters. Home 843                   677         218 4
             MAR 12                                                                                       MAR 12   167                              35     7
                     buyers are also looking to Bundaberg for                                        access to finance has resulted in limited new builds
     the affordable lifestyle the region offers while still being
              DEC 11 754              709          185 7                                             coming 11 113 As such, the established unit market,
                                                                                                          DEC  online.                   26    8
     within commuting distance of the resource regions.                                              where the quality and fit-out aren’t as high, is receiving all
              SEP 11             891                      788                     246     12               SEP 11  171                               33     8
                                                                                                     the attention, which is the main contributor to the drop in
     UrgencyJUN 11 686
               is increasing amongst first home buyers, with
                                                 761                  237 7                          median 11 129
                                                                                                          JUN unit price over the quarter.  31    4
     affordable stock quickly being snapped up by investors.
            MAR 11      586                   779
     Many first-timers are beginning to fear they will miss out     244 6                                           MAR 11      129                         31           1
     with open home attendance numbers up.
            INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL


     The outlook for the region remains bright, according to
     local agents, as more and COAST HOUSE SALES
                          GOLD more people either invest or                                                                           BUNDABERG HOUSE SALES
     relocate to the area.
                     <$350,000   $350,000+ $500,000+   $1m+                                                                       <$350,000     $350,000+            $500,000+
     The current demand for the affordable end 268the market
              MAR 12   94          394             of      52                                                       MAR 12      146                                 26             18
     is also likely to see the median house price remaining
     relatively subdued, however once this 226
                       77       329                   51
               DEC 11                                                                                                           144                                 26           7
                                             segment dries up a                                                     DEC 11

     roll-on effect will begin across to higher priced properties.
               SEP 11  76         399             264     53                                                         SEP 11     157                                      34              14
     Sales activity across all price points remains steady, with
             JUN 11  68        346            243     56                                                             JUN 11     114                    34           9
     the exception of the $500,000-plus price bracket, with
             MAR 11  25      371                350       36
     attention from buyers going to the likes of the beachside                                                      MAR 11      132                          32              7
     suburbs of Bargara and Burnett Heads.

                    Please see page 41 for legend and further notes                                                                                                  March Quarter 2012
                                          SUNSHINE COAST HOUSE SALES                                                                  GLADSTONE HOUSE SALES
27




           BUNDABERG
                                                                                                            MEDIAN SALES DATA
           Vacant land market                                                                               Suburb/	                     Number of	         Mar	        change	          12 mths to 	 change	 change
                                                                                                            Locality	                    Sales Mar	         Qtr	         over	           the end of	   over	   over
           The median land price for Bundaberg remained                                                     	                             Qtr 2012	        2012	          qtr	           Mar 2012	      1yr	   5yrs
           unchanged at $140,000 for the quarter, with sales activity
           also remaining relatively steady.                                                                HOUSES
                                                                                                            BUNDABERG (LGA)	                190	$280,000	3.7%	$275,000	-2.6%	14.6%
           Local agents report sales activity remains subdued given                                         BUNDABERG (LGA) ^ ~	                49	    $368,000	         8.2%	           $337,750	     0.8%	       18.5%
           established house prices are more attractive to buyers –                                         AVENELL HEIGHTS	                     9	$275,000	5.6%	$270,000	0.0%	13.4%
           particularly given the influx of affordable houses coming                                        AVOCA ~	                            14	$323,000	12.5%	$295,000	-3.9%	 7.3%
           onto the market as vendors recognise that now is the
                                                                                                            BARGARA ~	                          25	$342,000	11.2%	$355,000	-4.1%	 9.2%
           time to sell.
                                                                                                            BRANYAN ^	                           9	$368,000	2.2%	$343,750	-0.4%	11.6%
           Land did however continue to sell well at the likes of                                           BUNDABERG EAST	                      9	$250,000	-3.5%	$275,000	1.9%	18.5%
           Bargara and Moore Park Beach, which posted 10 and 11
                                                                                                            BUNDABERG NORTH ~	                  13	    $229,000	        -8.8%	           $248,000	     -2.7%	      17.3%
           preliminary sales respectively.
                                                                                                            BUNDABERG SOUTH ~	                  12	    $236,000	        21.0%	           $227,500	    -12.5%	      10.2%
           Coral Cove also recorded a slight increase in activity, as                                       BUNDABERG WEST	                      4	          N/A	            N/A	        $245,500	     1.4%	        2.3%
           buyers look to the coastal suburbs for a place to build.                                         BURNETT HEADS	                       7	$320,000	 N/A	$280,000	-5.1%	 7.7%

                                                                                                            GOOBURRUM ^	                         3	          N/A	N/A	$451,000	N/A	23.4%
           Rental market                                                                                    KALKIE	                              8	 $346,000	-1.4%	 $345,000	-3.1%	 33.2%

           With rental prices substantially more affordable than                                            KEPNOCK	                            11	$280,000	8.9%	$265,000	-6.7%	 8.2%

           Gladstone, more and more tenants are relocating to                                               MILLBANK ~	                          4	          N/A	            N/A	        $225,000	    -15.7%	       1.1%

           Bundaberg. This is placing upward pressure on supply                                             NORVILLE	                            4	          N/A	 N/A	 $241,000	4.1%	16.4%
           resulting in tighter vacancy rates.                                                              SVENSSON HEIGHTS	                   10	 $229,400	-5.8%	 $243,000	-4.7%	 13.0%

           This is in turn attracting investors to the region, which                                        THABEBAN ~	                         11	$259,000	-14.9%	$268,000	-2.5%	17.5%

           should see the rental stock levels improve, keeping a lid                                        WALKERVALE	                          4	          N/A	 N/A	 $211,000	-8.3%	 7.1%
           on median rents. TOOWOOMBA UNIT SALES                                                             ROCKHAMPTON UNIT SALES
                                                                                                            						
1m+                                BRISBANE CITY $350,000+
                           <$250,000   $250,000+ LAND SALES$500,000+                                             TOOWOOMBA LAND SALES
                                                                                                                   <$250,000
                                                                                                            SURROUNDS						     $250,000+     $350,000+  $500,000+
           Following an easing of vacancy levels$350,000+
                                                      at the end of




                                                                                                                                                                                                                           UNIT & TOWNHOUSE PRICE POINTS - SALES NUMBERS BY P
                           <$250,000    $250,000+                 $500,000+                                           <$250,000         $250,000+       $350,000+
           last MARMARthe Bundaberg rental market has returned to
                year, 1245
                    12                            19      5 2                                               NORTH BURNETT (LGA) ~	
                                                                                                               MAR 12 15 66
                                                                                                             MAR 12                             21	 20 $149,000	         2.8%	           $143,500	 -10.3%	
                                                                                                                                                                                             7         1           10.4%
                             49          82                    40       8                                                                                                                                    3 0                                                           M
           healthier levels, with the vacancy rate dropping3to 3.3 per
                DEC 11    44                     23          8                                              MONTO	                               6	          N/A	N/A	$129,000	N/A	-7.2%
                                                                                                             DECDEC 11 7
                                                                                                                         59 13                                      7        2
                                                                                                                 11
                    DEC 11   31      66
           cent since the start of the year.         20    9                                                                                                                                         2 0                                                                        D
                SEP 11   29         18       6 1                                                              SEP SEP 11 7
                    SEP 1152          51           22    12                                                       11
                                                                                                            UNITS &          54 12    7
                                                                                                                             TOWNHOUSES                                  0                    3 0
           Local agents report increased tenant demand with                                                                                                                                                                                                                     S
               JUN 11  30            17     3 2
           vacancies11 28 one to two 25
                   JUN taking   32       weeks8to fill. Most agents                                         BUNDABERG 9 41* f	
                                                                                                             JUNJUN 11
                                                                                                                 11
                                                                                                                       (LGA)           8        25	    3 3
                                                                                                                                                       $245,000	        -8.6%	0
                                                                                                                                                                           2             $271,000	     8.4%	       17.8%                                                        J
           report MAR 1120five applicants per0rental listing.
              MARup to
                  11
                            21   2816     5
                                        8 6                                                                 BARGARA * f	 6
                                                                                                             MAR 11 11
                                                                                                                MAR          26 8                 3
                                                                                                                                                 8	    0$330,000	
                                                                                                                                                         3 1            -7.0%	           $350,000	     2.2%	      -17.6%                                                   M
           Compared to the March quarter last year, median rents
           have recorded steady growth with one bedroom flats                                               VACANT LAND
           and two bedroom townhouses recording the highest
                            FRASER COAST UNIT SALES                                                                                  MACKAY UNIT SALES
                            BRISBANE SURROUNDS' LAND SALES                                                  BUNDABERG (LGA)	
                                                                                                                                    FRASER COAST LAND SALES
                                                                                                                                        59	$140,000	0.0%	$140,000	0.0%	18.6%

$1m+       increases, up $45 and $30 respectively, largely due to
                        <$250,000   $250,000+
                          <$250,000  $250,000+ $350,000+
                                                 $350,000+ $500,000+
                                                              $500,000+                                                <$250,000       $250,000+
                                                                                                            BUNDABERG (LGA) <$250,000 33	
                                                                                                                            ^ ~	                     $350,000+ $350,000+ 38.5%
                                                                                                                                           $132,000	 -2.2%	
                                                                                                                                               $250,000+            $500,000+
                                                                                                                                                            $138,500	 -2.5%	
           investment properties in new developments coming into
                                                                                                            BARGARA *	                          10	$155,500	0.3%	$154,000	-4.6%	-2.2%
0              rental 9 304 7
                   MAR 12
           the MAR 12 pool.            3 0               72 8 2                                              MAR 12 12 13 38
                                                                                                                MAR                         17                          16                           4 1
                                                                                                                                                                                                     0                                                                          M
                                                                                                            BRANYAN *	                           2	          N/A	N/A	$136,000	N/A	20.4%
               DEC 11 11
                    DEC
                        18      345                         20                             565 1403           DEC 11 11 8 33
                                                                                                                 DEC              12                  20                                   5 0
                                                                                                                                                                                           0                                                                                    D
                                                                                                            BRANYAN ^ *	                         9	    $130,000	        -5.1%	           $135,000	         N/A	    42.1%
                    SEP 11
               SEP 11    6      278
                                  13                             6        0         49 14 6                   SEPSEP 11 14 35               225	            13                                   2 0
                                                                                                                                                                                                  1
                                                                                                            CORAL 11
                                                                                                                  COVE	                         $122,000	N/A	                                 N/A	N/A	 N/A
                    JUN 11      313                                                     40 18 4              JUN PARK 9 26
                                                                                                            MOORE11 11 BEACH *	
                                                                                                                JUN                                                      2 6 0 $140,000	                                                                                        J
               JUN 11    10                7                4    1                                                                  18          11	            5
                                                                                                                                                       $140,000	           N/A	                        -4.1%	      31.5%
                   MAR 11       216                                       47 9 5                            SOUTH 11 11 *	 32                                                             1 1
               MAR 11   13                         11                    2 1                                 MAR ISIS ^11
                                                                                                                MAR
                                                                                                                                       20
                                                                                                                                                 8	    $135,900	
                                                                                                                                                                         8
                                                                                                                                                                             N/A	        $138,750	
                                                                                                                                                                                         2
                                                                                                                                                                                                           N/A	   -33.9%                                                        M

                  Includes REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL




                                     GOLD COAST LAND SALES
                                  BUNDABERG UNIT SALES                                                                        TOWNSVILLE UNIT SALES
                                                                                                                                 BUNDABERG LAND SALES
    $1m+                   <$250,000
                          <$250,000                  $250,000+
                                                   $250,000+                 $350,000+ $500,000+
                                                                          $350,000+        $500,000+                      <$250,000
                                                                                                                              <$250,000 $250,000+     $350,000+
                                                                                                                                                $250,000+                                         $500,000+
                                                                                                                                                                                                 $350,000+

                                70                                                                                                                                                                                                                                              M
              MAR 12 12
                   MAR
                       13                               7                  4 25 1        13   11            MAR 12 1225
                                                                                                               MAR           57            47                                       13       9
                                                                                                                                                                                             2 0
                    DEC 11      39                       44                         12 1015                                                                                                                                                                                     D
               DEC 11   13                              11                                         2         DEC DEC 1140
                                                                                                                 11          57                       30                          30         01        5

34                   SEP 11     42                                        62                  15       10     SEP 11 1133
                                                                                                                  SEP        33                  32           3 2            23                  9
               SEP 11    8                 16                                       5     2
                    JUN 11      43                          18           11    7                                                                                                                                                                                                J
    38         JUN 11   9                      7             2       3                                       JUN JUN 1122
                                                                                                                 11          25        20             00
                                                                                                                                                       22                6
                   MAR 11       17        20         3 15                                                                                                                                                                                                                       M
                                                                                                            MAR 11 1126
                                                                                                               MAR           26            29         01           19               10
              MAR 11   12                            8               03



                 Please see page 41 for legend COAST LAND SALES
                               SUNSHINE and further notes
                                   GLADSTONE UNIT SALES                                                                             CAIRNS UNITLAND SALES
                                                                                                                                    GLADSTONE SALES     March Quarter 2012
28




     BUNDABERG
     MEDIAN WEEKLY RENTS                                                                                         MEDIAN WEEKLY RENTS
                     Example                                      Mar Qtr 2012         Mar Qtr 2011                                 Example                                       Mar Qtr 2012         Mar Qtr 2011
         Postcode




                                                                                                                     Postcode
                     Suburb	                                      Rent     New         Rent     New                                 Suburb	                                       Rent     New         Rent     New
                                                                  ($)      Bonds       ($)      Bonds                                                                             ($)      Bonds       ($)      Bonds

     3 BEDROOM HOUSES                                                                                            2 BEDROOM UNITS
     	               BUNDABERG REGIONAL	                          $270	381	$260	351                              	                  BUNDABERG REGIONAL	                           $210	183	$200	193

     4660	ABINGTON	                                               $250	33	$255	25                                4670	ABBOTSFORD	                                                 $210	179	$200	187

     4670	ABBOTSFORD	                                             $270	330	$265	313                              	                  NORTH BURNETT REGIONAL	                       $220	    159	            n.a.	   4

     4671	BOOLBOONDA	                                             $250	18	$230	13                                4625	              ARANBANGA	                                    $160	         5	         n.a.	   3

     	               NORTH BURNETT REGIONAL	                      $260	     263	       $200	         36          4626	              BEERON	                                       $220	         9	         n.a.	   0

     4625	ARANBANGA	                                              $220	17	$220	13

     4626	BEERON	                                                 $180	6	$200	8                                  3 BEDROOM TOWNHOUSES
     4630	BANCROFT	                   TOOWOOMBA HOUSE SALES $150	
                                                  $170	 17	                                           6          	                                   ROCKHAMPTON HOUSE SALES $285	22
                                                                                                                                    BUNDABERG REGIONAL	            $270	11	
                       BRISBANE CITY UNIT SALES
                      <$350,000      $350,000+      $500,000+                                                    4670	ABBOTSFORD	
                                                                                                                                                    TOOWOOMBA UNIT $270	11	
                                                                                                                                                                   SALES     $285	22
                                                                                                                               <$350,000                        $350,000+       $500,000+
                <$250,000    $250,000+   $350,000+    $500,000+    $1m+                                                                    <$250,000        $250,000+     $350,000+     $500,000+
                                                                                                                 	                  NORTH BURNETT REGIONAL	                       $300	        63	        n.a.	    0
         MAR 12    252                                81          14                                                            MAR 12   215                                      102                       25
          MAR 12    42        355 570                   187    26                                                               MAR 12   45        19      5 2                                                          MA
         DEC 11    269                                   75         27                                                       170DEC 11            71      20
96
     gladstone
           DEC 11
          SEP 11
                    35 239 477
                   255
                                                201    21
                                                       67       9                                                     SEP 11
                                                                                                                             44
                                                                                                                             188
                                                                                                                                DEC 11            23
                                                                                                                                                     91
                                                                                                                                                              8 3
                                                                                                                                                               22
                                                                                                                                                                                                                         DE

           SEP 11   49       331 614                     230      24                                                 SEP 11  29           18        6 1                                                                  SE
     House11 200 unit 512
         JUN 11
           JUN
                and 268 markets81 201 33
                    48
                                                           13                                                        JUN 11
                                                                                                                     JUN 11
                                                                                                                             173
                                                                                                                             30            17
                                                                                                                                                  77
                                                                                                                                                   3 2
                                                                                                                                                           14
                                                                                                                                                                                                                         JU
                   236
     Queensland’s resource centres continue 74 experience     22
         MAR 11
                                                                                                                 Sales activity remains steady across all price points.
                                                                                                                             125            69        21
                                               174 to
                                                                                                                    MAR 11
          MAR 11    37 220 478                       13                                                             MAR 11   20       16      5 0                                                                       MA
     strong demand from buyers however property price                                                            Boyne Island and Agnes Water are proving popular with
     growth in Gladstone appears to have plateaued this                                                          buyers, while fewer waterfront properties sold at Tannum
     quarter – albeit after posting a median house price                                                         Sands, is behind its lower median price over the quarter.
                       FRASER COAST HOUSE SALES                                                                                 MACKAY HOUSE SALES
     increase of 16.5 per cent over the year UNIT SALES
                  BRISBANE SURROUNDS' ending March.                                                              The unit market continues $350,000+ SALES
                                                                                                                             FRASER COAST perform strongly in
                                                                                                                                           to UNIT
                               <$350,000      $350,000+       $500,000+                                                      <$350,000                   $500,000+
                           <$250,000   $250,000+    $350,000+   $500,000+                            $1m+                    <$250,000    $250,000+   $350,000+   $500,000+
     Local agents say while the market was pausing for breath,                                                   Gladstone given the strong investor activity in the region.
           MAR 12  167                              35        7                                                     MAR 12   53     169                   76
     sales activity 116
           MAR 12   remained healthy. They say the quarterly 0
                                    155               63       14                                                Premium rental returns are being achieved for furnished
                                                                                                                    MAR 12  9          7     3 0                                                                        MA
     price changes in the majority of suburbs are merely a
           DEC 11  113                     26  8                                                                 properties located178
                                                                                                                     DEC 11  58       nearer to the CBD. 71
            DEC 11  78        130             75       16 0                                                                18   DEC 11       20                 5  0                                                     DE
     reflection of the different quality of homes selling as 8
            SEP 11 171                                33                                                                    61     148
                                                                                                                                 SEP 11               56
     house SEP 11 growth across the board remains strong. 2
             price 101            159               54      19                                                             6    13
                                                                                                                                SEP 11          6  0                                                                     SE
           JUN 11  129                                                31        4                                Vacant53    land market
                                                                                                                                 148
                                                                                                                                 JUN 11              43
            JUN 11  81
     Investor activity                    155
                             is still robust however there is some     61     23                                           10        7
                                                                                                                                JUN 11      4 1                                                                          JU
           MAR 11     129                                          31     1                                      Over the March quarter, the Gladstone vacant land market
                                                                                                                    MAR 11  59     147                49
     resistance above the $500,000 price bracket. 14 3
           MAR 11      71              143                          58      Most                                           13          11         2 1
                                                                                                                 saw its median begin to nudge the $250,000 mark, which
                                                                                                                    MAR 11                                                                                              MA
     investors are focused on the unit/townhouse market,
           INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL                                               local agents believe is a healthy mark for regional land
     particularly furnished properties located close to the city
                                                                                                                 prices. Sales activity remained steady over the quarter
     centre.                   BUNDABERG HOUSE SALES
                                GOLD COAST UNIT SALES                                                                            TOWNSVILLE HOUSE SALES
                                                                                                                 with supply levels struggling UNIT brought online due to
                                                                                                                                 BUNDABERG to be SALES
     First home buyers are being $350,000+ of the market, due$1m+
                                   priced $350,000+ $500,000+
                    <$350,000 $250,000+
                  <$250,000               out $500,000+                                                                        <$350,000     $350,000+$350,000+
                                                                                                                 the labour shortages. $250,000+
                                                                                                                            <$250,000                        $500,000+
                                                                                                                                                                    $500,000+
     to the competition from investors.
                    MAR 12
                     MAR 12    146
                                136     288                  238           26         18
                                                                                     131        36               Outer lying190
                                                                                                                      MAR 12
                                                                                                                     MAR 12  13
                                                                                                                               areas, such as7Agnes Water, are beginning
                                                                                                                                                  197
                                                                                                                                                      4 1
                                                                                                                                                                    42                                                  MA
     After a very strong period of price growth and sales                                                        to receive increased attention as buyers look for lifestyle
             DEC 11 144
            DEC 11    105 242         188         26 45
                                                119    7                                                              DEC 11  172               181             37                                                      DE
     activity, the outlook for the region’s property market                                                                  13
                                                                                                                 over central locations.
                                                                                                                     DEC 11                  11              10        2
     remains bright.
              SEP 11 157
            SEP 11    140   349               231   34     14
                                                         146                                          34                     8
                                                                                                                                 SEP 11
                                                                                                                                    16     179            2          181                             41                  SE
                                                                                                                 New Auckland however was the most popular during
                                                                                                                     SEP 11                          5
     The high 11 114
            JUN confidence levels amongst buyers and 174
             JUN 11  131   312            34
                                          270    9      vendors 38                                               the JUN 11 9145 sales numbers 3 compared to the
                                                                                                                     quarter, with
                                                                                                                      JUN 11
                                                                                                                                     7   197 2 up        42                                                             JU
     are likely to underpin property price growth and sales                                                      December quarter last year.
             MAR 11 132                       32
                     82 along at healthy levels.   7134                                                                          MAR 11     145               8162                        42                            MA
     activity continues 307
            MAR 11                     267                 33                                                                   MAR 11     12                               03




                                      GLADSTONECOAST UNIT SALES
                                       SUNSHINE HOUSE SALES                                                                                         GLADSTONE UNIT SALES
                                                                                                                                                    CAIRNS HOUSE SALES
                               <$250,000   $250,000+    $350,000+    $500,000+                            $1m+                                <$250,000     $250,000+
                                   <$350,000    $350,000+     $500,000+                                                                         <$350,000       $350,000+ $350,000+    $500,000+
                                                                                                                                                                                $500,000+
                     MAR 12     60       131                      85                  62             11                                                                                                                 MAR
                    MAR 12     15     102         74
                                                                                                                                MAR 12
                                                                                                                                MAR 12     2 27
                                                                                                                                            143                      26
                                                                                                                                                                      113                   7
                                                                                                                                                                                           34
                     DEC 11     47     119                   78                 42     10                                                                                                                               DEC
                    DEC 11     9      110         78
                                                                                                                                 DEC 11
                                                                                                                                  DEC 11       21
                                                                                                                                              159             20        100        4           25
                      SEP 11    55      131                       102                      52        11                                                                                                                 SEP
                     SEP 11    28               181                 77
                                                                                                                                 SEP 11
                                                                                                                                  SEP 11   135
                                                                                                                                            164                             22
                                                                                                                                                                           132                       9 42
                     JUN 11     41     114                  96                  63              14                                                                                                                      JUN
                    JUN 11     29        110           45
                                                                                                                                 JUN 11
                                                                                                                                  JUN 11   3 10
                                                                                                                                            121        25      92             4    27
                     MAR 11     62       118                     97                   64             22                                                                                                                 MAR
                    MAR 11     27         136               42
                                                                                                                                MAR 11
                                                                                                                                MAR 11     0
                                                                                                                                           20
                                                                                                                                            113             12 106     8            48



                    Please see page 41 for legend and further notes                                                                                                                       March Quarter 2012
29




GLADSTONE
                                                                                                             MEDIAN SALES DATA
Rental market                                                                                                Suburb/	                        Number of	         Mar	      change	          12 mths to 	 change	 change
                                                                                                             Locality	                       Sales Mar	         Qtr	       over	           the end of	   over	   over
Gladstone continues to experience very tight rental                                                          	                                Qtr 2012	        2012	        qtr	           Mar 2012	      1yr	   5yrs
conditions, however strong investor activity is ensuring
supply can keep up with demand. The Gladstone rental                                                         VACANT LAND
                                                                                                             GLADSTONE (LGA) *	                    49	        $246,500	   10.5%	           $235,000	     24.3%	           98.7%
market has recorded vacancy levels of 1.5 per cent or
                                                                                                             GLADSTONE (LGA) ^ ~ *	                34	        $245,000	       6.5%	        $243,250	     15.8%	           75.0%
under since the end of September 2010. As a result,
median rental price growth is strong, across all rental                                                      AGNES WATER ~	                        10	        $226,250	   26.4%	           $197,500	     23.1%	            9.0%

types. Four bedroom homes, according to the RTA’s latest                                                     AGNES WATER ^ ~	                      11	        $172,000	       -9.5%	       $171,000	         N/A	         14.0%

figures are in the most demand, with the median rent up                                                      BOYNE ISLAND *	                        2	             N/A	         N/A	       $260,000	     28.7%	           85.7%
$200 to $650 per week compared to the March quarter                                                          BURUA ^ *	                             6	        $297,500	         N/A	       $287,500	         N/A	         85.5%
last year.                                                                                                   CALLIOPE *	                            3	             N/A	         N/A	       $192,500	     18.8%	          156.7%

 The median rent of a three-bedroom house increased                                                          CALLIOPE ^ *	                          5	        $245,000	         N/A	       $240,000	     26.3%	          118.2%
$120 per week to $480 over the same period, while the                                                        CLINTON * G	                           5	             N/A	 N/A	 $202,500	9.5%	87.7%
median rent of a two-bedroom unit increased $80 per
                  BRISBANE CITY LAND SALES                                                                   GLEN EDEN ~ *	                TOOWOOMBA LAND SALES
                                                                                                                                               2	 N/A	 N/A	 $249,000	                                    27.7%	          112.8%
week to $360.
                   <$250,000          $250,000+               $350,000+                   $500,000+          KIRKWOOD *	           <$250,000 8	$257,900	3.2%	$255,000	
                                                                                                                                                  $250,000+       $350,000+
                                                                                                                                                                       30.8%	 N/A

                                                                                                             NEW AUCKLAND *	                       12	        $243,500	         N/A	       $233,000	         N/A	         86.4%
        MAR 12        49                 82                                     40                    8         MAR 12    66                                                                                  3 0                  M

         DEC 11       31        66                            20        9                                               DEC 11    59                                                                 2 0                           D

         SEP 11       52                  51                      22        12                                           SEP 11   54                                                           3 0                                 S

MEDIAN SALES DATA
   JUN 11 28 32 25                                       8                                                   MEDIAN WEEKLY RENTS 2
                                                                                                               JUN 11 41                                                           0                                               JU
Suburb/	 MAR 11             Number of	                                                                                      Example                                                Mar Qtr 2012          Mar Qtr 2011
                                         8 Mar	        change	     12 mths to 	 change	 change
                                                                                                             Postcode




                      21     28            6                                                                            MAR 11    26                          3 1                                                                  M
Locality	                   Sales Mar	      Qtr	        over	      the end of	   over	   over                               Suburb	                                                Rent     New          Rent     New
	                            Qtr 2012	     2012	         qtr	      Mar 2012	      1yr	   5yrs                                                                                      ($)      Bonds        ($)      Bonds

HOUSES                                                                                                       3 BEDROOM HOUSES
GLADSTONE (LGA)	      BRISBANE SURROUNDS' LAND SALES
                           191	$475,000	-0.6%	$460,000	16.5%	57.0%                                           	                             FRASER COAST LAND SALES
                                                                                                                            GLADSTONE REGIONAL	            $480	260	$360	212

GLADSTONE (LGA)<$250,000 35	
                ^ ~	                  $250,000+ 32.9%	$350,000+
                                       $485,000	         $485,000	                      $500,000+
                                                                                     -4.9%	  40.6%           4677	       <$250,000
                                                                                                                  AGNES WATER	                                   $250,000+ $320	21	
                                                                                                                                                                                $350,000+
                                                                                                                                                                                      $285	16

AGNES WATER	
        MAR 12        304        7	$500,000	N/A	                            N/A	N/A	 N/A
                                                                             72 8 2                          4680	  GLADSTONE	                                                     $490	232	$360	190
                                                                                                                MAR 12   38                                                                             01                         M
AGNES WATER ^ ~	                 6	      $377,500	     18.5%	      $345,000	              N/A	     17.9%     	 BANANA SHIRE	                                                       $330	62	$260	61
         DEC 11       345                                                        56        14 3                  DEC 11    33                                                                00                                    D
BARNEY POINT	                    2	             N/A	      N/A	     $375,000	         18.1%	        53.8%     4715	   BILOELA	                                                      $330	30	$300	31
          SEP 11      278                                              49 14 6                                   SEP 11    35                                                                     2 0                                  S
BOYNE ISLAND	                   26	$493,500	1.3%	$484,500	8.4%	40.8%                                         4718	   BAUHINIA	                                                     $340	20	$250	25
          JUN 11      313                                                   40 18 4                              JUN 11  26                                               2         0                                              JU
CALLIOPE *	                     15	$410,000	-13.5%	$455,000	12.3%	82.0%                                      4719	   CAMBOON	                                                      $280	           8	        n.a.	           2
         MAR 11
CLINTON ~	            216                    47 9 5
                                28	$485,000	1.0%	$475,000	22.1%	61.7%                                                   MAR 11    32                                                        1 1                                    M

        Includes
GLEN EDEN	 REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
                               8	$487,500	          -0.5%	$468,500	4.9%	80.2%                                2 BEDROOM UNITS
KIN KORA ~	                     14	      $467,500	      -0.5%	     $467,000	         21.3%	        57.8%     	              GLADSTONE REGIONAL	                                    $360	136	$280	181

NEW AUCKLAND * ~	            GOLD $490,000	 -4.3%	 $472,750	
                              17	 COAST LAND SALES                                   19.4%	        55.8%     4677	          AGNES WATER	   BUNDABERG LAND $280	
                                                                                                                                                          SALES                                    7	        n.a.	           3

                <$250,000 7	
SOUTH GLADSTONE ~	                       $250,000+ 4.9%	 $350,000+
                                          $440,000	         $440,000	                    $500,000+
                                                                                     23.9%	   69.2%          4680	GLADSTONE	
                                                                                                                         <$250,000                               $250,000+ $370	129	$280	178
                                                                                                                                                                                 $350,000+
SUN VALLEY	 12                   5	             N/A	      N/A	                                               	 BANANA SHIRE	                                                       $230	17	$200	20
         MAR          70                                      25 $417,500	 14.9%	
                                                                        13 11                      55.2%
                                                                                                                 MAR 12    57                                                                  2 0                                 M
TANNUM SANDS ~ f	               12	      $489,500	     -10.2%	     $505,000	         12.2%	        40.3%     4715	   BILOELA	                                                      $235	13	$225	13
         DEC 11       39                   44                          12       15                                                                                                                                                 D
                                                                                                                 DEC 11    57                                                                 01
TELINA	                         11	$522,000	8.9%	$484,750	8.9%	54.7%

TOOLOOA	
         SEP 11       42         3	
                                                             62
                                                N/A	 N/A	 $382,500	16.3%	 59.4%
                                                                                     15          10          3 BEDROOM TOWNHOUSES
                                                                                                                SEP 11 33     3 2                                                                                                      S


WEST GLADSTONE	43
         JUN 11                       18    11 7                                                             	 GLADSTONE REGIONAL	 0                                                                                                   J
                                20	$423,800	-5.8%	$421,500	15.2%	62.1%                                        JUN 11 25           0                                                $560	41	$400	26

						
 MAR 11 17 20 3 15                                                                                           4680	   GLADSTONE	                                                    $560	40	$400	24                                 M
                                                                                                                 MAR 11   26                             01
SURROUNDS						
BANANA (LGA) ~	                 28	      $263,750	      7.7%	      $260,000	         -1.9%	       10.6%

BILOELA ~	                      19	$275,000	-13.6%	$270,000	-3.9%	10.9%
                           SUNSHINE COAST LAND SALES                                                                                       GLADSTONE LAND SALES
                   <$250,000          $250,000+               $350,000+                   $500,000+                                    <$250,000                  $250,000+                       $350,000+
UNITS & TOWNHOUSES
       MAR 12      40
GLADSTONE (LGA) - * f t	        62	      $358,250	     35
                                                        5.1%	      $370,000	             9
                                                                                     10.4%	       10
                                                                                                  68.2%
                                                                                                                        MAR 12    24                     22         3                                                                  M

AGNES WATER -	
        DEC 11        40        12	      $315,000	     23N/A	      $315,000	
                                                                         9               0.0%	
                                                                                         1        -36.4%                 DEC 11   28                     18         0
BOYNE ISLAND * t	                5	             N/A	      N/A	     $380,000	              N/A	     65.2%                 SEP 11   75                                                               27                4
          SEP 11    56                                                 24                        4 5
GLADSTONE CITY * f	             15	      $470,000	      -2.1%	     $466,000	         26.1%	       148.2%
         JUN 11     40                                 22                   8        6                                   JUN 11   52                                      14           0
SOUTH GLADSTONE * t	            14	      $310,000	      3.2%	      $310,000	         19.9%	        72.2%
          MAR 11      26                  17 N/A	        15          11                                                 MAR 11    47                                6     5                                                            M
TELINA * t	                      0	                      N/A	      $475,000	              N/A	         N/A

WEST GLADSTONE * t	              7	      $405,000	     35.5%	      $308,750	             6.8%	     43.6%


       Please see page 41 for legend and further notes                                                                                                                                       March Quarter 2012
30




                ROCKHAMPTON
                House and Unit Markets                                                       Rental Market
                Rockhampton’s median house price increased 1.6                               Rockhampton recorded a vacancy rate of 1 per cent in
                per cent to $320,000 over the quarter. The numbers of                        March, making it the tightest rental market for the major
                preliminary sales were also up 31 per cent compared to                       regions across the State. With tenancies reportedly taking
                the previous quarter.                                                        less than a week to fill, local agents are welcoming the
                                                                                             increased investor activity in the region.
                Local agents say the region is benefiting from its strong
                rental market and affordable property prices. Sales                          The median rent for a three-bedroom house in
                activity is up significantly compared to the December                        Rockhampton increased $30 per week to $330 between
                quarter and to the same time last year.                                      March this year and March last year. The median rent for
                                                                                             a two-bedroom unit increased $15 per week to $250 over
                This is being driven predominantly by demand at the
                                                                                             the same period.
                lower end of the market. Anything priced up to $400,000
                is selling relatively quickly and there is increased activity
                from investors.
                Interest is coming from local investors, those associated
                with the mining sector, and from the southern states.
                The region has an air of confidence due to its proximity to
                resource precincts however it isn’t reliant on the mining
                                 TOOWOOMBA HOUSE SALES
                sector for success.                                                                                ROCKHAMPTON HOUSE SALES
                                  <$350,000         $350,000+        $500,000+
                Local agents say Rockhampton has long had a very                                                 <$350,000               $350,000+                             $500,000+
                stableMAR 12 252 the region generally doesn’t ride the
                       market and                          81        14                          MAR 12    215                                                           102                  25
                rollercoaster of ups and downs that Gladstone does.
                       DEC 11   269                                         75          27       DEC 11    170                                            71                   20
                A standout performer over the period was Beserker
     96                SEP 11 255                            67      9                            SEP 11   188                                                  91                    22
                which posted median house price growth of 6.2 per cent
                to $249,500. The suburb of Berserker is home to13 large
                      JUN 11  200                     81        a                                JUN 11    173                                             77                   14
                number of families as well as equal measures of couples,
                      MAR 11  236                         74       22                            MAR 11    125                           69                        21
                singles and retirees.
                There is a mix of post-war housing and chamferboard
                houses in the area with a variety of housing types
                                  FRASER COAST HOUSE SALES
                including units, townhouses and single-detached
                                                                                                                   MACKAY HOUSE SALES
                                <$350,000    $350,000+
                                  TOOWOOMBA UNIT SALES     $500,000+                                             <$350,000
                                                                                                                        $350,000+   $500,000+
                dwellings available.                                                                           ROCKHAMPTON UNIT SALES
     $1m+                        <$250,000     $250,000+        $350,000+        $500,000+                 <$250,000            $250,000+                          $350,000+               $500,000+
                Another solid167
                       MAR 12
                                                               West 7
                                performer over the quarter was 35                                MAR 12    53     169                                                 76




                                                                                                                                                                                                       UNIT & TOWNHOUSE PRICE POINTS - SALES N
                Rockhampton, which posted median house 5 2 growth
                       MAR11   45
                       DEC 12 113                   19
                                                    26   8   price                               DEC 11
                                                                                                MAR 12      58
                                                                                                           15           178             20                                   71      7          1
                of 3.8 per 11
                            cent to $270,000.
2                       DEC
                       SEP 11   44
                                171                        23               8 3
                                                                            33      8             SEP 11
                                                                                                 DEC 11    761           148
                                                                                                                        13                                     7        56
                                                                                                                                                                        2
    24
                The median unit and townhouse price in Rockhampton
                               29
                        SEP 11 129          18       6 31
                                                        1
                       JUN 11                                 4                                  JUN 11
                                                                                                 SEP 11    753          148
                                                                                                                        12                        7                 43
                                                                                                                                                                    0
                decreased 1.2 per cent to $284,000 over the quarter. Apart
                        JUN11
                       MAR     30
                            11 129
                from Yeppoon, which recorded 17 a drop2of 18.7 per cent to
                                                    3 31      1                                  MAR11
                                                                                                 JUN 11    959          147
                                                                                                                         8                   3        3              49
                $305,000 due 20 a drop 16 the number of waterfront units
                       MAR 11   to       in    5 0                                              MAR 11     6        8               3        0
                sold, Rockhampton’s unit and townhouse market remains
                relatively small. Over the quarter however new unit                                                TOWNSVILLE HOUSE SALES
                                   BUNDABERG HOUSE SALES
                developments reportedly sold strongly.
                                                                                                                 <$350,000     $350,000+  $500,000+
                                   FRASER
                                     COAST UNIT SALES
                                  <$350,000
                                         $350,000+       $500,000+                                                        MACKAY UNIT SALES
         $1m+              <$250,000  $250,000+    $350,000+     $500,000+                                 190 ROCKHAMPTON LAND SALES $500,000+
                                                                                                           <$250,000 $250,000+
                                                                                                                            197 $350,000+
                          146 TOOWOOMBA LAND SALES
                Land Market
                   MAR 12                               26    18                                 MAR 12                                   42
,000+
14 0                            9 <$250,0007        3 $250,000+
                                                        0                   $350,000+                        <$250,000 17                        $250,000+
                                                                                                                                                         16                          $350,000+
                      MAR 12                                                                     MAR 12
                                                                                                  DEC 11   13
                                                                                                           172                                   181                                   37 4
                Similar to11 144
                       DEC                                    26    7
                             the house market, the vacant land market
     8                 DEC 11 66
                      MAR 12
                                18               20                   53                0
                                                                                        0                  117                                                                      5 1 41
                                                                                                                                                                                    1
                in Rockhampton performed strongly over the quarter,
                        SEP 11  157                              34   14
                                                                                                MAR 12
                                                                                                 DEC 11
                                                                                                  SEP 11   8179      12                  20181
    2           posting a11 59
                      DEC significant increase in sales numbers.2 0
                        SEP 11  6    13             6    0                                       DEC 11
                                                                                                 SEP 11    81
                                                                                                           14                  22                           2 1              13                 1
                       JUN 11   114                   34       9                                  JUN 11    145                         197                                          42
                Gracemere topped the list with 41 preliminary sales
                       SEP 11   54                                3 0                            JUN 11
                                                                                                 SEP 11    72                                           1
                                                                                                                                                      4 5
                             up 10      7       4 1                                                        9            18                                              6
                       JUN 11
                recorded,11 from 32 during the December quarter.
                      MAR       132                        32     7                              MAR 11     145                         162                                     42
                      JUN 11 41                              2 0                                           56                           1 1
                      MAR 11 13                11           2 1                                  MAR 11
                                                                                                 JUN 11
                                                                                                           11             20                                         8           2
                The increased activity
                                    at Gracemere, where land lots
                      MAR 11 26            3 1                                                  MAR 11     47                  1 2
                are amongst the most affordable, contributed to
                Rockhampton’s median easing slightly by 1 per cent to
                $143,500.       BUNDABERGHOUSE SALES
                                GLADSTONE UNIT SALES                                                              TOWNSVILLE UNIT SALES
                                                                                                                   CAIRNS HOUSE SALES
0+         $1m+                                                                                            <$250,000
                                                                                                              <$350,000 $250,000+ SALES $500,000+
                                                                                                                             $350,000+$350,000+ $500,000+
                                  FRASER COAST LAND SALES
                                <$250,000
                                    <$350,000 $250,000+
                                                  $350,000+ $350,000+
                                                                $500,000+ $500,000+
                Acreage land sales also sold well during the quarter, with                                       MACKAY LAND
,000+
36              land releases13 Barmaryee,74 $250,000+ 4 and Rockyview.
                      MAR 12
                      MAR 12
                              <$250,000
                              at 102
                             15             Gracemere 1 $350,000+
                                            7                                                   MAR 12
                                                                                                 MAR 12    25 <$250,000 47
                                                                                                            143                                  $250,000+
                                                                                                                                                  113                            $350,000+
                                                                                                                                                                             13 34 9
                     MAR 12   38                                           01                    MAR 12    109                                                              0
                                                                                                                                                                         9 30
                      DEC 11
                       DEC 11  13    110         7811
                     Please see9page 41 for legend and further notes    10              2        DEC 11
                                                                                                  DEC 11   40
                                                                                                            159                          30               100                   25     5
                                                                                                                                                                              March Quarter 2012
3                     DEC 11  33                                     00                          DEC 11    149                                                                            7 2
31




ROCKHAMPTON
MEDIAN SALES DATA                                                                           MEDIAN SALES DATA
Suburb/	                   Number of	      Mar	     change	   12 mths to 	 change	 change   Suburb/	                      Number of	      Mar	     change	   12 mths to 	 change	 change
Locality	                  Sales Mar	      Qtr	      over	    the end of	   over	   over    Locality	                     Sales Mar	      Qtr	      over	    the end of	   over	   over
	                           Qtr 2012	     2012	       qtr	    Mar 2012	      1yr	   5yrs    	                              Qtr 2012	     2012	       qtr	    Mar 2012	      1yr	   5yrs

HOUSES                                                                                      VACANT LAND
ROCKHAMPTON (LGA)	            342	$320,000	1.6%	$317,500	-0.8%	18.5%                        ROCKHAMPTON (LGA) + *	           119	      $143,500	   -1.0%	    $140,000	       -3.4%	    -3.4%

ROCKHAMPTON (LGA) ^ ~	         42	      $466,500	   10.4%	    $455,000	    5.3%	    16.7%   ROCKHAMPTON (LGA) ^	              37	      $235,000	   12.7%	    $215,000	        7.8%	    19.4%

ALLENSTOWN	                    11	$279,000	 N/A	$279,000	5.2%	18.7%                         BARMARYEE ^ *	                     4	           N/A	      N/A	       $215,000	     N/A	     7.5%

BERSERKER	                     29	$249,500	6.2%	$238,000	-2.1%	 8.2%                        GRACEMERE *	                      41	$135,000	4.2%	$136,500	2.6%	19.7%

FRENCHVILLE	                   24	$330,500	1.4%	$335,000	1.2%	15.9%                         GRACEMERE ^	                       5	$212,000	 N/A	$210,000	 N/A	55.6%

GLENLEE ^	                      6	$451,000	N/A	                    N/A	N/A	 N/A             LAMMERMOOR + *	                   10	      $142,500	    -3.4%	       $147,500	    4.1%	      N/A

GRACEMERE * ~	                 33	      $370,000	   11.4%	    $341,000	    3.3%	    19.6%   NORMAN GARDENS *	                  5	      $165,000	      N/A	       $165,000	   -5.7%	    -2.4%

GRACEMERE ^	                    1	           N/A	N/A	$530,000	N/A	21.8%                     PACIFIC HEIGHTS	                   6	$165,000	N/A	                        N/A	N/A	 N/A

KAWANA	                        16	$307,500	0.8%	$309,000	-0.3%	14.4%                        ROCKYVIEW ^ ~ *	                   9	      $235,000	   14.6%	        $210,000	     N/A	    16.7%

KOONGAL	                       19	 $257,000	-1.5%	 $250,000	-0.8%	 7.1%                     ROSSLYN	                          12	$165,000	 N/A	$162,000	0.9%	-2.3%

LAMMERMOOR + *	                10	      $446,000	      N/A	   $411,000	      N/A	    1.5%   YEPPOON * G	                       5	 $160,000	-0.9%	 $151,000	-1.0%	 -7.1%

MOUNT MORGAN ~	                11	      $115,000	    -4.2%	   $119,000	    -8.5%	    6.3%   ZILZIE *	                          8	$175,000	6.1%	$175,000	-3.6%	16.7%

NORMAN GARDENS * ~	            28	      $384,250	   -10.5%	   $421,000	    -4.3%	   23.8%   						
PACIFIC HEIGHTS	                9	$525,000	N/A	                    N/A	N/A	 N/A             SURROUNDS						
PARK AVENUE	                   19	$248,000	-2.6%	$260,000	4.0%	10.2%                        CENTRAL HIGHLANDS (LGA) ~ *	17	            $160,000	     N/A	    $150,000	        9.9%	    25.0%

PARKHURST	                      7	$287,000	N/A	                    N/A	N/A	 N/A             CENTRAL HIGHLANDS (LGA) ^ ~	6	                  N/A	     N/A	    $245,000	       22.5%	    28.9%

ROCKHAMPTON CITY ~	             8	      $184,500	   -16.1%	   $197,000	    2.9%	     9.4%   CAPELLA *	                         0	           N/A	N/A	$102,500	N/A	86.4%

ROCKYVIEW ^	                    6	$536,250	 N/A	$515,000	 N/A	10.8%

TARANGANBA	                    10	$337,250	 N/A	$385,000	 N/A	 2.0%
                                                                                            MEDIAN WEEKLY RENTS
                                                                                                           Example                                       Mar Qtr 2012         Mar Qtr 2011
                                                                                                Postcode




TAROOMBALL	                     8	$431,500	N/A	                    N/A	N/A	 N/A
                                                                                                           Suburb	                                       Rent     New         Rent     New
THE RANGE ~	                   17	      $290,000	   -13.4%	   $327,500	   -14.4%	    2.3%                                                                ($)      Bonds       ($)      Bonds

WANDAL ~	                      22	$315,000	26.0%	$292,500	5.0%	14.4%                        3 BEDROOM HOUSES
WEST ROCKHAMPTON	              11	$270,000	3.8%	$260,000	0.3%	11.1%                         	              ROCKHAMPTON REGIONAL	                         $330	403	$300	424

YEPPOON ~ f	                   24	      $347,500	   -14.0%	   $401,500	    6.4%	    20.9%   4700	ALLENSTOWN	                                             $320	107	$290	102

ZILZIE	                         4	           N/A	N/A	$367,500	N/A	0.7%                      4701	BERSERKER	                                              $330	155	$305	166

						                                                                                      4702	ALBERTA	                                                $350	56	$300	47

SURROUNDS						                                                                             4703	ADELAIDE PARK	                                          $350	61	$310	81

CENTRAL HIGHLANDS (LGA) ~ *	 13	
                           1            $415,000	   12.2%	    $385,000	    8.5%	    30.5%   4710	 PARK	
                                                                                                 EMU                                                     $325	14	$290	16

CENTRAL HIGHLANDS (LGA) ^ ~	 7	
                           1            $570,000	     N/A	    $545,000	   14.1%	    38.0%   4714	BAREE	                                                  $175	          8	 $170	 12

BLACKWATER ~ *	                23	      $410,000	    9.3%	    $373,750	   14.9%	    51.3%   	              CENTRAL HIGHLANDS REGIONAL	                   $550	       110	     $400	      94

CAPELLA *	                      5	           N/A	      N/A	   $308,000	   16.2%	    16.2%   4717	BLACKWATER	                                             $750	29	$700	20

EMERALD ~ *	                   78	      $440,000	   12.8%	    $420,000	   11.4%	    20.0%   4720	EMERALD	                                                $500	66	$395	61

EMERALD ^	                     11	$640,000	 N/A	$639,500	15.8%	24.2%                        4722	SPRINGSURE	                                             $450	7	$260	8

                                                                                            4723	          CAPELLA	                                      $500	          6	     n.a.	      4
UNITS & TOWNHOUSES
ROCKHAMPTON (LGA) -	           43	      $284,000	   -1.2%	    $285,000	   -3.4%	    17.8%   2 BEDROOM UNITS
YEPPOON * f	                    8	      $305,000	   -18.7%	   $310,000	   -14.3%	    2.3%   	              ROCKHAMPTON REGIONAL	                         $250	270	$235	275

						                                                                                      4700	ALLENSTOWN	                                             $240	52	$240	63

SURROUNDS						                                                                             4701	BERSERKER	                                              $240	140	$220	145

CENTRAL HIGHLANDS (LGA) *	     22	      $370,000	   34.5%	    $310,000	    0.8%	    11.1%   4702	ALBERTA	                                                $220	5	$215	7

EMERALD *	                     22	$370,000	26.5%	$310,000	0.8%	10.7%                        4703	ADELAIDE PARK	                                          $290	69	$280	59

                                                                                            	              CENTRAL HIGHLANDS REGIONAL	                   $390	         31	    $250	      41

                                                                                            4720	EMERALD	                                                $390	27	$255	34


                                                                                            3 BEDROOM TOWNHOUSES
                                                                                            	              ROCKHAMPTON REGIONAL	                         $340	12	$310	10

                                                                                            4702	ALBERTA	                                                $360	6	$320	5

                                                                                            	              CENTRAL HIGHLANDS REGIONAL	                   $950	         14	    $440	       8

                                                                                            4720	EMERALD	                                                $950	 13	 $440	                  8


            Please see page 41 for legend and further notes                                                                                                        March Quarter 2012
32




               MACKAY
               HOUSE AND UNIT MARKET                                                         RENTAL MARKET
               Mackay’s median house price increased 1.2 per cent to                         Demand for rental properties in Mackay remains strong
               $425,000 over March quarter. Local agents say the market                      with the region recording a vacancy rate of 1.7 per
               was continuing to attract plenty of enquiry and sales                         cent vacancy in March, however there was an easing
               during the first three months of this year.                                   compared to December when its vacancy rate was just
                                                                                             0.7 per cent.
               There was strong enquiry from all buyer types with many
               buyers starting to realise the bottom of the market may                       Agents from REIQ accredited agencies say this easing is
               have passed.                                                                  due to a number of leases expiring as well as the upper
                                                                                             end of the rental market moving more slowly. Tenant
               Properties that are priced correctly are selling very quickly
                                                                                             demand remains strong with some agencies reporting
               and investors are also active given HOUSE SALES the
                                  TOOWOOMBA the strength of                                                    ROCKHAMPTON HOUSE SALES
                                                                                             more than 10 applicants per listing and less than a week
+              region’s rental market.
                                <$350,000    $350,000+       $500,000+
                                                                                             to let. Investor activity
                                                                                                             <$350,000 is also reportedly on the increase in
                                                                                                                             $350,000+      $500,000+
               According to local agents, there are still plenty of
                     MAR 12  252                              81                       14    the region. 215
                                                                                                   MAR 12                               102           25
               opportunities out there for buyers before the market
                      DEC 11 269                                 75                     27   This increase in demand from tenants is reflected in the
               strengthens further.                                                                DEC 11 170                71       20
                                                                                             median rents in the region. The median rent for a three
        96              SEP 11   255                                     67        9               SEP 11 188                   91         22
               Over the year ending March, Mackay was one of only two                        bedroom house in Mackay increased $75 per week to
               major regions200 record positive price growth – its median
                      JUN 11  to                      81        13                           $460 between March last year and March this year. The
                                                                                                   JUN 11 173                 77       14
               house MAR 11 increased 2.5 per cent over the period. 22
                      price 236                           74                                 median rent for a two-bedroom unit increased $50 per
                                                                                                  MAR 11  125           69       21
                                                                                             week to $350 over the same period.
               A solid performer over the March quarter was West
               Mackay which posted median house price growth of 5.1
               per cent to $408,750.
                                       FRASER COAST HOUSE SALES                                                      MACKAY HOUSE SALES
               Andergrove also<$350,000
                                  performed well with its median house
                                   TOOWOOMBA UNIT SALES
                                              $350,000+      $500,000+
+                                                                                                                 ROCKHAMPTON UNIT SALES
                                                                                                                   <$350,000 $350,000+  $500,000+
     $1m+      price also up 5.1 per cent $250,000+
                               <$250,000  to $410,000.$350,000+
                                                         According to$500,000+                                <$250,000                 $250,000+                   $350,000+               $500,000+
               suburb profiles on reiq.com, Andergrove is one of the7
                      MAR 12  167                                35                               MAR 12       53     169                                                76




                                                                                                                                                                                                         UNIT & TOWNHOUSE PRICE POINTS - SALES NUMBERS BY PR
               largest DEC12 45 in the sugar town of Mackay and is home
                       suburbs
                     MAR 11
                              113                    19
                                                      26   8 5 2                                 MAR 1211
                                                                                                   DEC       15
                                                                                                              58            178              20                               71       7             1
               to a wide 11 44 of residents and housing styles. 3
                      DEC variety                   23          8
2                      SEP 11    171                                          33   8             DEC 1111
                                                                                                   SEP       7 61         13 148                               7     256
 24            The median unit and townhouse price in Mackay
                       JUN 11 29           18        6 1
                       SEP 11
                              129                       31  4                                     SEP 1111
                                                                                                    JUN      7 53         12
                                                                                                                           148                        7             043
               decreased 12.7 per cent to $310,000 over the period. This
                      JUN 11  30            17      3 2 31
               reduction 11 median price however was due to the change
                      MAR in 129                            1                                    JUN 1111
                                                                                                  MAR        9 59             8
                                                                                                                              147                 3       3             49
               in the MAR 11 20of waterfront units0sold compared to the
                      number           16      5                                                 MAR 11      6        8                  3        0
               previous quarter.
                                   BUNDABERG HOUSE SALES
               Local agents say there was an increase in demand for                                                   TOWNSVILLE HOUSE SALES
+              units over the quarter, especiallyUNIT SALES priced
                                FRASER COAST for properties
                                <$350,000      $350,000+       $500,000+                                            <$350,000
                                                                                                                          MACKAY UNIT SALES $500,000+
                                                                                                                               $350,000+
        $1m+   around the $200,000 to $300,000 market – a price $500,000+
                             <$250,000    $250,000+     $350,000+     range                                   <$250,000                 $250,000+                   $350,000+               $500,000+
2              commonly targeted by first home LAND SALES 18
                      MAR 12  146 TOOWOOMBA buyers and investors.
                                                              26                                   MAR 12      190            197
                                                                                                                    ROCKHAMPTON LAND SALES                                                     42
14 0                           9
                               <$250,000 7    3$250,000+
                                                  0                                                           13                   17                                                    4
                                                                                                                                                  $250,000+16
000+                  MAR 12                                        $350,000+                    MAR 12
                       DEC 11   144                             26     7                           DEC 11      <$250,000
                                                                                                                172                                 181                            $350,000+
                                                                                                                                                                                       37
    8                 DEC 11 6618
               VACANT LAND MARKET
                   MAR 12                        20                        53 00                 DEC 11     8
                                                                                                MAR SEP 11 117
                                                                                                    12                   12                   20                                   151
                        SEP 11  157                                34       14                                179                                     181                                   41
    2                 SEP 11 59
                   DEC 11      6     13             6    0            2 0                         SEP 11   14                       22                                       13                  1
               Vacant JUN 11 sales numbers eased over the 9
                       land 114                         34
                                                                 quarter for the                   JUN 11 81 145
                                                                                                DEC 11
                                                                                                                                              197
                                                                                                                                                              2 1
                                                                                                                                                                                           42
               Mackay 1111 54 as new7land sales1slowed in 3 0 likes of
                    SEP region,
                      JUN      10               4                  the                                    9
                                                                                                  JUN 11 72
                                                                                                SEP 11                    18                          4 15           6
               EimeoMAR 11 Marian. Upper-end land sales however were
                       and 41 132
                       MAR 11                                32      7                             MAR 11   145                            162                                    42
                   JUN 11      13          11          2 0 1                                     MAR 11 56
                                                                                                JUN 11    11                  20         1 1                        8             2
               up for subdivisions at Ooralea and Rural View, which
                                           3 1
               contributed 26 the overall Mackay median increasing 7.8
                    MAR 11
                            to                                                                  MAR 11       47                     1 2
               per cent to $194,000.
                                       BUNDABERG UNIT SALES
                                        GLADSTONE HOUSE SALES                                                       TOWNSVILLE UNITSALES
                                                                                                                      CAIRNS HOUSE SALES
0+       Despite the easing in activity over the$350,000+ sales
      $1m+                <$250,000    $250,000+      quarter,                                                <$250,000     $250,000+     $350,000+     $500,000+
+                                                        $500,000+$500,000+                                       <$350,000       $350,000+       $500,000+
         volumes were upFRASER COAST LAND SALES all areas
                               <$350,000    $350,000+                                                               MACKAY LAND SALES
                              over the year ending March for
36
000+                     <$250,000         $250,000+     1 $350,000+
         except MAR 12 13Mackay as a whole saw4activity more than
                 Sarina.15
               MAR 12                     7                                                      MAR 12
                                                                                                   MAR 12    25 143
                                                                                                              <$250,000 47                        $250,000+
                                                                                                                                                     113                     13 $350,000+
                                                                                                                                                                                 349
                                 102      74
         double that 38recorded during 11 12 months ending March
                                           the
                                                                                                                                                                                                                                             LAND PRICEPOINTS - SALES NUMBER




             MAR 1211
                DEC 11 13
                 DEC      9      110      78                   10 1
                                                                0       2                          DEC 11 40 159
                                                                                                 DEC 11 109
                                                                                                MAR 12                                        30                    0
                                                                                                                                                              100 9 30                 25        5
         2011. Land prices however remained predominantly
              DEC 11   33                                 00                                     SEP 11 149
                                                                                                DEC 11                                                                                     79 2
    34   steady SEP 11most areas. 16 181
                 for 11 8 28
                  SEP                                  77 5      2                                  SEP 11 33 164                       32                    132 23                          42
                               35                                        2 0                     JUN 11 123                                                          6 272
                                                                                                                                                                       1
                     SEP 11                                                                      SEP 11
         38              JUN 11 9 29
                       JUN 11               7
                                          110        2
                                                    45    3                                         JUN 11 22 121             20               22
                                                                                                                                               92
                    JUN 11     26                         2    0                                JUN 11    69                                 3 1
                                                                                                   MAR 11 26 113               29                             19              10
33                                                                                              MAR 11
                        MAR 11 12          136 8         420 3
                      MAR 11
                                  27                                                                                                          106                            48
                    MAR 11     32                                  1 1                          MAR 11    20 4       1



                                        GLADSTONE UNIT SALES                                                          CAIRNS UNIT SALES
                                       BUNDABERG LAND SALES                                                         TOWNSVILLE LAND SALES
                                                                                                              <$250,000   $250,000+ $350,000+                                       $500,000+
0+   $1m+                       <$250,000       $250,000+      $350,000+
                     Please see page 41 for legend and further notes         $500,000+                                                                                        March Quarter 2012
000+                           <$250,000           $250,000+           $350,000+                               <$250,000                          $250,000+                     $350,000+
33




MACKAY
ROCKHAMPTON
MEDIAN SALES DATA                                                                             MEDIAN SALES DATA
Suburb/	                    Number of	      Mar	     change	   12 mths to 	 change	 change    Suburb/	                         Number of	      Mar	     change	   12 mths to 	 change	 change
Locality	                   Sales Mar	      Qtr	      over	    the end of	   over	   over     Locality	                        Sales Mar	      Qtr	      over	    the end of	   over	   over
	                            Qtr 2012	     2012	       qtr	    Mar 2012	      1yr	   5yrs     	                                 Qtr 2012	     2012	       qtr	    Mar 2012	      1yr	   5yrs

HOUSES                                                                                        VACANT LAND
MACKAY (LGA)	                  298	$425,000	1.2%	$415,000	2.5%	12.2%                          MACKAY (LGA) + * f	                 118	      $194,000	    7.8%	    $178,000	       -0.8%	     -1.2%
MACKAY (LGA) ^ ~	               36	      $460,000	 -12.4%	     $485,000	   -2.9%	    10.2%    MACKAY (LGA) ^	                      19	      $280,000	     N/A	    $300,000	        4.3%	    11.1%
ANDERGROVE *	                   27	$422,000	8.2%	$403,500	2.9%	 9.1%                          ANDERGROVE + * G	                    11	$148,000	4.2%	$147,000	-5.8%	-20.5%
BEACONSFIELD *	                 21	$410,000	5.1%	$408,000	0.1%	10.9%                          BEACONSFIELD *	                      10	$198,000	-5.7%	$207,824	 N/A	 N/A
BLACKS BEACH ~	                  5	           N/A	      N/A	   $505,000	    2.5%	     11.0%   BLACKS BEACH * f	                     7	      $193,000	    2.4%	        $185,500	   -1.9%	    -34.8%
BUCASIA *	                      20	$432,500	-6.0%	$435,000	3.6%	12.7%                         BUCASIA *	                            1	           N/A	      N/A	       $175,000	    4.0%	       N/A
EAST MACKAY ~	                   7	      $392,000	      N/A	   $405,000	    -4.7%	     3.8%   EIMEO *	                              2	           N/A	N/A	$175,000	N/A	-10.7%
EIMEO *	                        14	$472,025	10.4%	$450,000	0.2%	 9.8%                         GLENELLA *	                           5	      $169,000	    -3.4%	            N/A	     N/A	       N/A
GLENELLA *	                     16	$530,000	-7.0%	$530,000	1.4%	 9.3%                         MARIAN ~ *	                          11	      $175,000	   14.0%	        $163,000	    6.2%	     29.4%
MACKAY	                          6	           N/A	 N/A	 $372,500	-3.9%	 6.3%                  MIRANI *	                             8	$161,500	15.4%	$131,000	 N/A	25.7%
MARIAN *	                       20	$455,000	-1.5%	$455,000	9.6%	44.0%                         NORTH MACKAY *	                       4	           N/A	      N/A	       $183,000	     N/A	    -30.7%
MOUNT PLEASANT ~	               11	      $429,000	    -3.4%	   $430,000	    2.4%	      0.7%   OORALEA *	                           16	$205,500	 N/A	$191,500	-0.3%	 5.8%
NORTH MACKAY ~	                 18	      $333,500	   -11.7%	   $349,000	    -2.4%	     5.8%   RURAL VIEW *	                        22	      $212,700	    7.7%	        $198,500	    7.9%	       N/A
OORALEA *	                      15	$540,000	-0.7%	$511,500	3.0%	24.5%                         SARINA *	                             4	           N/A	      N/A	       $183,500	    2.5%	       N/A
RURAL VIEW * ~	                 15	      $531,000	   26.4%	    $502,500	   10.2%	     16.2%   SHOAL POINT *	                        4	           N/A	      N/A	       $184,900	     N/A	       N/A
SARINA ^	                        3	           N/A	N/A	$493,500	N/A	13.4%                      WALKERSTON *	                         7	$189,900	1.0%	$188,900	 N/A	 0.0%
SARINA ~	                        9	$375,000	 N/A	$335,000	11.7%	17.5%                         						
SHOAL POINT	                     1	           N/A	N/A	$495,000	N/A	1.4%                       SURROUNDS						
SLADE POINT ~	                  10	      $326,000	   -14.2%	   $375,000	    1.1%	     15.4%   ISAAC (LGA) + ~ *	                   17	      $105,000	    6.1%	    $130,000	 -16.7%	         79.1%
SOUTH MACKAY	                   19	$375,000	2.7%	$361,250	-2.4%	 5.9%                         CLERMONT + *	                         8	       $99,000	    0.0%	         $99,000	     N/A	       N/A
WALKERSTON *	                   12	$498,700	13.3%	$432,500	-4.9%	 9.0%                        MIDDLEMOUNT + *	                      0	           N/A	      N/A	       $151,800	     N/A	       N/A
WEST MACKAY	                    16	$408,750	5.1%	$373,000	-0.5%	 9.7%                         NEBO	                                 7	$130,000	 N/A	$110,000	 N/A	 N/A
						                                                                                        						
SURROUNDS						                                                                               WHITSUNDAY (LGA) + ~ *	              60	      $150,000	   60.4%	    $140,000	 -15.2%	         -15.2%
ISAAC (LGA) ~ *	                96	      $703,000	   21.5%	    $550,000	   27.9%	    66.2%    WHITSUNDAY (LGA) ^	                   8	           N/A	     N/A	    $266,000	       10.8%	    26.7%
CLERMONT * M	                    9	$300,000	15.4%	$252,000	-1.2%	 7.2%                        AIRLIE BEACH + *	                     2	           N/A	      N/A	       $146,500	     N/A	       N/A
DYSART	                         16	$582,000	8.3%	$495,000	15.1%	59.7%                         BOWEN + *	                           28	      $152,500	      N/A	       $152,500	   -9.4%	      5.2%
MORANBAH ~ *	                   60	      $750,000	    6.4%	    $670,000	   45.2%	     88.7%   CANNONVALE + ~	                       9	      $155,000	   10.3%	        $145,000	    4.3%	    -20.3%
						                                                                                        COLLINSVILLE * G	                    10	$90,000	
                                                                                                                                             125.0%	$60,000	N/A	53.8%
WHITSUNDAY (LGA) ~	             77	      $350,000	    4.1%	    $325,000	 -12.0%	      4.8%

WHITSUNDAY (LGA) ^	             12	           N/A	     N/A	    $462,500	   -3.1%	     5.1%

BOWEN ~	                        24	$397,500	17.8%	$342,500	-6.2%	10.5%
                                                                                              MEDIAN WEEKLY RENTS
                                                                                                             Example                                          Mar Qtr 2012         Mar Qtr 2011
                                                                                                  Postcode




CANNONVALE ~ *	                  7	      $520,000	   22.4%	    $430,000	    -1.9%	    -6.6%                  Suburb	                                          Rent     New         Rent     New
COLLINSVILLE ~ *	               19	      $220,000	   31.3%	    $180,000	    -2.7%	     9.1%                                                                   ($)      Bonds       ($)      Bonds

JUBILEE POCKET	                  8	$411,950	 N/A	$420,000	1.6%	 1.4%                          3 BEDROOM HOUSES
PROSERPINE	                      9	$287,000	 N/A	$295,000	-3.6%	 5.7%                         	              MACKAY REGIONAL	                                 $460	347	$385	324

                                                                                              4737	ARMSTRONG BEACH	                                           $440	30	$350	25

UNITS & TOWNHOUSES                                                                            4740	ALEXANDRA	                                                 $460	261	$390	244
MACKAY (LGA) ~ f	               50	      $310,000	 -12.7%	     $316,000	    1.9%	    14.9%    4741	 BAY	
                                                                                                   BALL                                                       $380	11	$350	12
MACKAY ~	                       14	$290,000	0.0%	$290,000	-2.7%	 9.4%                         4750	BUCASIA	                                                   $550	19	$420	21
NORTH MACKAY	                    8	$282,500	N/A	                    N/A	N/A	 N/A              4751	GREENMOUNT	                                                $480	11	$380	11
SOUTH MACKAY ~	                  8	      $315,000	      N/A	   $290,000	    -1.7%	     3.6%   4753	          DEVEREUX CREEK	                                  $385	          7	     n.a.	       2
						                                                                                        	              ISAAC REGIONAL	                                  $1,700	       92	    $800	       99
SURROUNDS						                                                                               4721	CLERMONT	                                                  $400	 10	 $375	                   8
WHITSUNDAY (LGA) - * t f	       18	      $285,000	   41.8%	    $283,500	 -17.8%	     -14.1%   4744	MORANBAH	                                                  $2,000	 54	 $850	 65
CANNONVALE * f	                  9	      $175,000	    -5.4%	   $240,000	   -30.4%	   -26.8%   4745	DYSART	                                                    $1,400	25	$1,200	17




            Please see page 41 for legend and further notes                                                                                                             March Quarter 2012
34




     mackay
     MACKAY
     MEDIAN WEEKLY RENTS                                                                  MEDIAN WEEKLY RENTS
                  Example                               Mar Qtr 2012     Mar Qtr 2011                 Example                    Mar Qtr 2012     Mar Qtr 2011
      Postcode




                                                                                           Postcode
                  Suburb	                               Rent     New     Rent     New                 Suburb	                    Rent     New     Rent     New
                                                        ($)      Bonds   ($)      Bonds                                          ($)      Bonds   ($)      Bonds

     3 BEDROOM HOUSES continued                                                           2 BEDROOM UNITS continued
     	            WHITSUNDEY REGIONAL	                  $350	155	$330	152                 	           WHITSUNDEY REGIONAL	       $260	189	$250	123

     4800	ANDROMACHE	                                   $310	32	$300	28                   4800	ANDROMACHE	                       $230	27	$200	18

     4802	AIRLIE BEACH	                                 $420	43	$365	40                   4802	       AIRLIE BEACH	              $280	     113	   $280	      77

     4804	COLLINSVILLE	                                 $350	14	$250	20                   4803	       HAMILTON ISLAND	           $570	       7	    n.a.	      0

     4805	BINBEE	                                       $350	65	$320	64                   4805	BINBEE	                           $240	40	$250	26



     2 BEDROOM UNITS                                                                      3 BEDROOM TOWNHOUSES
     	            MACKAY REGIONAL	                      $350	228	$300	266
                                                                                          	           MACKAY REGIONAL	           $470	31	$420	16
     4737	        ARMSTRONG BEACH	                      $250	       7	   $200	      14
                                                                                          4740	ALEXANDRA	                        $460	28	$420	16
     4740	ALEXANDRA	                                    $350	205	$300	232
                                                                                          	           WHITSUNDEY REGIONAL	       $380	26	$365	29
     4750	BUCASIA	                                      $265	13	$290	16
                                                                                          4802	AIRLIE BEACH	                     $380	22	$370	22
     	            ISAAC REGIONAL	                       $250	15	$260	14

     4721	        CLERMONT	                             $280	       5	    n.a.	      4

     4744	MORANBAH	                                     $225	8	$700	9




     TOWNSVILLE
     HOUSE AND UNIT MARKETS
     The Townsville median house price was flat at $360,000                               Even well-priced stock is not moving at present,
     over the March quarter. The preliminary numbers of                                   according to local agents. The costs associated with
     house sales was up 10 per cent over the period.                                      buying a unit are making buying a house much more
                                                                                          attractive and in some cases, at not much more expense.
     According to local agents, while sales activity continues
     to slowly improve general confidence levels remain
     relatively subdued.                                                                  VACANT LAND MARKET
     With uncertainty around the costs of living and question                             Over the March quarter, the Townsville vacant land market
     marks around future government plans, buyers -                                       continued to record improving sales activity with new
     particularly investors and first home buyers - continue to                           land subdivisions coming online at Bohle Plains, Burdell
     play the waiting game.                                                               and Mount Low.
     Investors remain thin on the ground still, however many                              Mount Low was the top performer for the region,
     took advantage of the building boost, targeting new house                            recording the highest number of sales for the quarter,
     and land packages. First home buyers remain cautious                                 with upper-end priced lots selling well. As a result the
     and appear to still be waiting for things to improve.                                median land price increased 4.9 per cent to $166,750 over
                                                                                          the quarter.
     The lift in sales activity is largely due to the March
     quarter typically being one of the busier times of year
     in Townsville. Well-priced properties are turning over                               RENTAL MARKET
     quickly, however the number of listings still remains in
     oversupply, which is keeping a lid on asking prices.                                 For the Townsville rental market, vacancy levels have
                                                                                          continued to fall, since peaking in June last year.
     New house market saw increased activity, particularly                                Sitting at a neat 2 per cent, local agents report a fall in
     in suburbs such Deeragun, Bohle Plains and Burdell in                                rental stock as investment properties are sold to owner
     Townsville’s western outskirts and Kelso to the southwest,                           occupiers.
     as buyers made the decision to buy before the building
     boost was wound back at the end of April.                                            With only two consecutive quarters of tighter rental
                                                                                          conditions, median rents have recorded only steady
     The median unit and townhouse price in Townsville                                    growth over the March quarter.
     decreased 6.4 per cent to $286,000 over the quarter but
     was steady over the year.                                                            The median rent for a three-bedroom house in Townsville
                                                                                          increased $10 per week to $350 between March this year
     Sales activity is down for the unit market with the costs                            and March last year. The median rent for a two-bedroom
     associated with units, such as body corporate fees and                               unit increased $10 per week to $300 over the same period.
     insurance deterring many buyers.

                 Please see page 41 for legend and further notes                                                                         March Quarter 2012
00+




                                                                                                                                                                               HOUSE PRICEPOINTS - SALES NUMBERS BY PRICE RANGE
            MAR 12       <$250,000
                         53     169                $250,000+                       $350,000+
                                                                                      76                      $500,000+




                                                                                                                                      UNIT & TOWNHOUSE PRICE POINTS - SALES NUMBERS BY PRICE RANGE
           MAR 12
            DEC 11      15
                         58            178                 20                                 71         7                1
                                                                                                                                                                                                                                                                                                    35
            DEC 11
             SEP 11     761           13
                                       148                                     7       2
                                                                                       56
            SEP 11
            JUN 11      753           12
                                      148                            7             0
                                                                                   43
      TOWNSVILLE 3
      ROCKHAMPTON 3
        MAR 11 9
            JUN 11
                59  8
                   147                                                               49
           MAR 11       6         8                    3        0
                                                                                                                                             MEDIAN SALES DATA
                                                                                                                                                     Suburb/	                                                                     Number of	      Mar	     change	   12 mths to 	 change	 change
                                  TOWNSVILLE HOUSE SALES                                                                                             Locality	                                                                    Sales Mar	      Qtr	      over	    the end of	   over	   over
                                                                                                                                                     	                                                                             Qtr 2012	     2012	       qtr	    Mar 2012	      1yr	   5yrs
                                     MACKAY UNIT SALES
                              <$350,000   $350,000+  $500,000+
00+                      <$250,000 $250,000+  $350,000+ $500,000+                                                                                    HOUSES continued
            MAR 12       190 ROCKHAMPTON LAND SALES 42
                                          197                                                                                                        DOUGLAS ~	                                                                       26	 $370,500	-3.8%	 $379,250	-9.7%	 8.4%
           MAR 12       13<$250,000 17                              $250,000+
                                                                            16                       $350,000+
                                                                                                          4                                          GULLIVER	                                                                         6	           N/A	 N/A	 $297,500	-1.0%	 13.1%
            DEC 11      172                                         181                                37
0
0          MAR 12
           DEC 11       117
                        8          12                        20                                    5 1
                                                                                                   1                                                 HEATLEY	                                                                          6	           N/A	 N/A	 $285,000	-5.0%	 9.6%
            SEP 11      179                                    181                                           41
                                                                                                                                                     HERMIT PARK	                                                                      8	$352,500	8.5%	$345,000	-7.4%	 4.4%
           DEC 11
            SEP         81
                        14                        22                        2 1               13                      1
            JUN 11      145                                197                                           42                                          IDALIA ~ f	                                                                      13	      $508,000	    3.7%	    $494,250	    1.5%	    17.1%
           JUN 11
            SEP 11      72
                        9             18                                   1
                                                                         4 5           6
                                                                                                                                                     KELSO ^	                                                                          9	$435,000	0.6%	$429,000	-2.9%	11.4%
           MAR 11       145                                162                                  42
           MAR 11
           JUN 11       56
                        11               20                1 1                      8            2                                                   KELSO ~ *	                                                                       19	      $286,000	    7.9%	    $324,750	    -3.1%	   29.9%
           MAR 11       47                        1 2                                                                                                KIRWAN	                                                                          62	$352,000	1.7%	$351,500	-3.7%	 9.8%

                                                                                                                                                     MOUNT LOUISA	                                                                    29	 $380,000	-6.2%	 $400,000	-2.3%	 15.9%
                                 TOWNSVILLE UNIT SALES
                                  CAIRNS HOUSE SALES                                                                                                 MUNDINGBURRA	                                                                     5	           N/A	 N/A	 $375,250	3.1%	13.7%
0+                       <$250,000    $250,000+     $350,000+ $500,000+
                               MACKAY LAND SALES $500,000+
                            <$350,000      $350,000+                                                                                                 NORTH WARD ~ f	                                                                   3	           N/A	      N/A	   $550,000	      N/A	    -3.5%
           MAR 12
            MAR 12      25 <$250,000 47
                          143
                                              $250,000+
                                               113
                                                                 $350,000+
                                                            13 34 9                                                                                  PIMLICO	                                                                          5	           N/A	N/A	$350,000	N/A	17.4%


                                                                                                                                                                                LAND PRICEPOINTS - SALES NUMBERS BY PRICE RANGE
           MAR11
           DEC
                 12      109
                        40                 30               0
                                                         9 30            5                                                                           RAILWAY ESTATE ~	                                                                11	      $358,000	   27.9%	    $323,750	    -4.8%	   11.6%
             DEC 11       159                    100            25
            DEC 11       149                                        7 2                                                                              RASMUSSEN	                                                                       13	$305,000	5.6%	$302,500	3.9%	18.6%
            SEP 11      33              32              23          9
              SEP 11      164                     132                 42                                                                            THURINGOWA CENTRAL ~	                                                              6	           N/A	      N/A	   $314,750	   -15.1%	   10.4%
             SEP 11      123                                1 2
           JUN 11       22         20       22         6                                                                                            VINCENT	                                                                           6	           N/A	 N/A	 $279,500	-1.6%	 14.1%
              JUN 11      121              92            27
            JUN 11       69                3 1
           MAR 11       26           29            19        10                                                                                     WEST END ~	                                                                       15	      $388,000	      N/A	   $329,000	   -11.1%	    2.8%
            MAR 11
           MAR 11         113
                         20 4 1           106             48
                                                                                                                                                    WULGURU	                                                                          16	$302,500	6.9%	$295,000	-7.1%	 7.3%

                                                                                                                                                     						
                                   CAIRNS UNIT SALES                                                                                                 SURROUNDS						
                                  TOWNSVILLE LAND SALES
                        <$250,000                 $250,000+     $350,000+    $500,000+                                                               BURDEKIN (LGA) ~ *	                                                              30	      $277,500	    6.1%	    $224,000	 -10.4%	     34.1%
00+                       <$250,000                      $250,000+        $350,000+
                                                                                                                                                     AYR *	                                                                           16	$300,000	9.1%	$255,000	0.0%	45.7%
          MAR 12
           MAR 12       79
                         90                                          20        5 6                   8        2                                      HOME HILL	                                                                        9	$215,000	 N/A	$196,500	-5.1%	37.4%
           DEC 11
            DEC 11      102
                         77                                                        30 3 2 16                 12                                      						

                                                                                                                                                     CHARTERS TOWERS (LGA) ~	                                                         21	      $235,000	     N/A	    $230,000	   12.2%	    55.7%
           SEP 11
            SEP 11      87
                         70                                               30           9 20
                                                                                          2          4
                                                                                                                                                     LISSNER	                                                                          6	           N/A	 N/A	 $195,000	-2.5%	 30.0%
             JUN 11
           JUN 11        56
                        71                                      24        6 17
                                                                             1          9
                                                                                                                                                     						
           MAR 11
          MAR 11         41
                        66                             3 30
                                                          2                10 10                                                                     HINCHINBROOK (LGA)	                                                               8	           N/A	     N/A	    $250,000	    0.2%	    35.1%

                                                                                                                                                     INGHAM ~	                                                                         4	           N/A	      N/A	   $205,000	   -13.7%	   26.5%



                                   CAIRNS LAND SALES                                                                                                 UNITS & TOWNHOUSES
      MEDIAN SALES DATA$250,000+
              <$250,000                                                                                  $350,000+                                   TOWNSVILLE CITY (LGA) - * f	                                                     94	      $286,000	   -6.4%	    $315,000	    0.0%	    12.5%
      Suburb/	                        Number of	             Mar	          change	           12 mths to 	 change	 change                             CONDON *	                                                                         7	$329,000	N/A	                    N/A	N/A	 N/A
              MAR 12
      Locality	             43        Sales Mar	             Qtr	           over	           6 the end of	 over	
                                                                                                    3              over
      	                                Qtr 2012	            2012	            qtr	             Mar 2012	     1yr	   5yrs                              DOUGLAS *	                                                                        9	$341,200	0.4%	$340,000	 N/A	 6.8%
               DEC 11       53                                                                       3       2                                       HERMIT PARK	                                                                      3	           N/A	      N/A	   $232,500	    -3.5%	   23.5%
      HOUSES
4     TOWNSVILLE CITY 53
            SEP 11    (LGA)	             429	          $360,000	               0.0%	         $365,000	 3 -2.0%	
                                                                                                  1                           19.7%                  NORTH WARD ~ f	                                                                   8	      $301,500	   -16.3%	   $315,000	   -12.5%	   -10.0%

      TOWNSVILLE CITY 47 ^	
                      (LGA)                43	         $435,000	               2.4%	         $425,000	        -2.3%	          14.9%                  SOUTH TOWNSVILLE * f	                                                             9	      $390,000	    -1.3%	   $380,020	   -33.6%	   15.2%
           JUN 11                                                                             32
      AITKENVALE	                            3	                     N/A	 N/A	 $325,000	-5.5%	 14.0%                                                  TOWNSVILLE CITY * f	                                                             11	      $380,000	    -6.7%	   $385,000	   -18.5%	    -8.3%
             MAR 11         31                                        3 1
      ALICE RIVER ^	                         7	        $455,000	               1.1%	         $455,000	           -3.7%	       17.4%                  WEST END	                                                                        10	$267,500	N/A	                    N/A	N/A	 N/A

      ANNANDALE	                            23	 $405,000	-8.0%	 $440,000	-5.4%	 8.4%

      BLACK RIVER ^	                         5	        $390,000	            -4.9%	           $365,000	             N/A	        8.0%                  VACANT LAND
      BLUEWATER PARK ^	                      6	        $351,000	                N/A	         $358,500	             N/A	        4.2%                  TOWNSVILLE CITY (LGA) *	                                                        100	      $166,750	    4.9%	    $161,500	    0.9%	    24.2%

      BOHLE PLAINS *	                       20	        $407,500	            -1.8%	           $422,500	           -5.1%	        6.7%                  TOWNSVILLE CITY (LGA) ^	                                                         14	           N/A	     N/A	    $223,500	   -4.1%	    59.6%

      BURDELL *	                            22	 $410,000	-5.7%	 $412,500	-0.6%	 44.9%                                                                BLACK RIVER ^	                                                                    5	      $170,000	      N/A	        N/A	      N/A	     N/A

      BUSHLAND BEACH	                       19	$395,000	-6.5%	$412,000	0.8%	 8.7%                                                                    BOHLE PLAINS ~ *	                                                                11	      $170,500	      N/A	   $159,000	    -6.5%	   17.8%

      CONDON	                               10	$328,000	4.6%	$305,000	-6.7%	 7.4%                                                                    BURDELL *	                                                                       14	$171,000	-0.6%	$169,150	0.4%	85.9%

      CRANBROOK ~	                          12	$317,500	11.4%	$310,000	-4.6%	12.7%                                                                   BUSHLAND BEACH *	                                                                14	      $156,500	    1.0%	    $156,000	    2.6%	    35.7%

      CURRAJONG	                            11	$275,000	6.4%	$276,000	-5.2%	 2.2%                                                                    DEERAGUN + *	                                                                     0	           N/A	      N/A	   $149,750	      N/A	   62.9%

      DEERAGUN *	                           18	$385,000	14.9%	$371,950	6.3%	49.4%                                                                    IDALIA *	                                                                         3	           N/A	      N/A	   $255,900	    1.2%	    38.3%


              Please see page 41 for legend and further notes                                                                                                                                                                                                          March Quarter 2012
36




     TOWNSVILLE
     MEDIAN SALES DATA                                                                                  MEDIAN WEEKLY RENTS
     Suburb/	                      Number of	     Mar	      change	   12 mths to 	 change	 change                      Example                     Mar Qtr 2012     Mar Qtr 2011




                                                                                                            Postcode
     Locality	                     Sales Mar	     Qtr	       over	    the end of	   over	   over                       Suburb	                     Rent     New     Rent     New
     	                              Qtr 2012	    2012	        qtr	    Mar 2012	      1yr	   5yrs                                                   ($)      Bonds   ($)      Bonds

     VACANT LAND continued                                                                              3 BEDROOM HOUSES continued
     KELSO ~ *	                         5	      $139,900	    -8.5%	       $148,900	   -0.3%	    29.6%   	              HINCHINBROOK SHIRE	         $260	38	$230	25

     MOUNT LOUISA *	                    7	      $165,000	    -2.9%	       $174,000	   2.4%	     24.3%   4850	ABERGOWRIE	                           $260	38	$230	25

     MOUNT LOW *	                      20	      $169,000	   13.4%	        $161,000	   4.5%	     23.8%

                                                                                                        2 BEDROOM UNITS
     MEDIAN WEEKLY RENTS                                                                                	              TOWNSVILLE CITY	            $300	869	$290	780
                     Example                                      Mar Qtr 2012        Mar Qtr 2011
         Postcode




                                                                                                        4810	BELGIAN GARDENS	                      $325	428	$315	388
                     Suburb	                                      Rent     New        Rent     New
                                                                  ($)      Bonds      ($)      Bonds    4811	CLUDEN	                               $350	43	$340	46

     3 BEDROOM HOUSES                                                                                   4812	CURRAJONG	                            $260	197	$255	203

     	               TOWNSVILLE CITY	                             $350	771	$340	744                     4814	AITKENVALE	                           $280	 102	 $290	 83

     4810	BELGIAN GARDENS	                                        $360	83	$370	63                       4815	CONDON	                               $360	41	$230	14

     4811	CLUDEN	                                                 $350	34	$320	34                       4817	ALICE RIVER	                          $280	41	$275	38

     4812	CURRAJONG	                                              $350	71	$350	71                       4818	          BEACH HOLM	                 $260	       6	    n.a.	      4

     4814	AITKENVALE	                                             $350	221	$340	242                     4819	          ARCADIA	                    $265	      11	    n.a.	      4

     4815	CONDON	                                                 $330	118	$320	117                     	              BURDEKIN SHIRE	             $190	50	$180	43

     4816	ALLIGATOR CREEK	                                        $300	10	$280	11                       4806	ARKENDEITH	                           $190	5	$180	6

     4817	ALICE RIVER	                                            $360	134	$350	127                     4807	AIRVILLE	                             $190	44	$185	36

     4818	BEACH HOLM	                                             $350	84	$330	67                       	              CHARTERS TOWERS REGIONAL	   $190	     17	    $185	      25

     4819	ARCADIA	                                                $300	16	$300	12                       4820	ALABAMA HILL	                         $190	17	$185	25

     	               BURDEKIN SHIRE	                              $250	66	$260	53                       	              HINCHINBROOK SHIRE	         $180	26	$178	37

     4806	ARKENDEITH	                                             $260	14	$240	14                       4850	ABERGOWRIE	                           $180	26	$178	37

     4807	AIRVILLE	                                               $250	40	$260	33

     4808	BRANDON	                                                $240	7	$230	5                         2 BEDROOM TOWNHOUSES
     4809	           GIRU	                                        $200	          5	     n.a.	     1     	              TOWNSVILLE CITY	            $295	57	$285	59

     	               CHARTERS TOWERS REGIONAL	                    $260	        53	     $260	     48     4810	BELGIAN GARDENS	                      $310	26	$300	26

     4820	ALABAMA HILL	                                           $260	53	$260	48                       4812	CURRAJONG	                            $285	18	$280	21

                                                                                                        4814	AITKENVALE	                           $360	7	$280	8

                                                                                                        4817	          ALICE RIVER	                $350	       5	    n.a.	      3



     CAIRNS
     MACKAY
     House and unit markets                                                                             Agents expect property prices to remain stable for the
                                                                                                        foreseeable future, while sales activity should gradually
     The second best performer for house price growth over
                                                                                                        return to healthier levels.
     the March quarter was Cairns, which recorded median
     growth of 4.5 per cent to $350,000. Local agents say                                               A more favourable Australian dollar is also providing
     the region now represents excellent value with demand                                              further stimulus for the Cairns tourism industry and, in
     increasing, especially in the upper end of the market.                                             turn, the economy and property markets.
     Local agents say the market was finally starting to see                                            Although a strong result for the house market was
     the re-emergence of confident buyers – however over the                                            recorded over the quarter, Cairns’ unit market continues
     March quarter, it was the up-graders at the prestige end                                           to struggle, with sales down 30 per cent. Its median unit
     of the market that were the most dominant, with sales in                                           and townhouse price decreased1.2 per cent to $212,500
     the $500,000-plus bracket up.                                                                      over the period.
     Access to finance from banks is behind the shift, with                                             Comments from various regional zone chairs, Cairns
     banks appearing to prefer clients with greater equity and                                          included, say that units are proving difficult to sell, as
     serviceability, while loan applications at the affordable                                          buyers are put off by the increased costs associated with
     end are falling over on bank valuations.                                                           owning a unit, such as body corporate fees, insurance
                                                                                                        levies and council rates.
     As a result, first home buyers are struggling to get their
     foot in the door. And while investors are only just re-                                            As such, buyers end up seeing more value in buying a
     emerging, it is a marked improvement from 12 months                                                house, with the ongoing servicing costs equalling that of
     ago when there was none at all.                                                                    a unit.

                    Please see page 41 for legend and further notes                                                                                        March Quarter 2012
37




         CAIRNS                  ROCKHAMPTON HOUSE SALES
                            <$350,000     $350,000+                   $500,000+                      MEDIAN SALES DATA
         Vacant land market                                                                                  Suburb/	                                                                                        Number of	         Mar	      change	       12 mths to 	 change	 change
             MAR 12    215                                      102                 25
                                                                                                             Locality	                                                                                       Sales Mar	         Qtr	       over	        the end of	   over	   over
27       Over the quarter, the Cairns vacant land market recorded                                            	                                                                                                Qtr 2012	        2012	        qtr	        Mar 2012	      1yr	   5yrs
              DEC 11  170                 71        20
         a slight slowdown in sales activity, with fewer land listings
         coming11 188 market.
               SEP onto the                  91         22                                                  HOUSES
                                                                                                            CAIRNS (LGA) ~	                                                                                     290	       $350,000	       4.5%	        $350,000	       -4.1%	    7.7%
                     173                   77        14
         Whilst there are few listings available, local agents report
              JUN 11
                                                                                                            CAIRNS (LGA) ^ ~	                                                                                    13	       $525,000	      11.7%	        $590,000	       -5.2%	   12.9%
         reasonable 125
             MAR 11  buyer enquiry levels, however affordable stock
                                     69       21                                                            BAYVIEW HEIGHTS ~	                                                                                   10	       $309,250	      -10.6%	       $355,000	        4.4%	    6.0%
         is becoming scarcer. As a result, the overall median for                                           BENTLEY PARK ~	                                                                                      25	       $340,000	      21.4%	        $322,500	       -0.5%	    5.7%
         the region increased 6.7 per cent to $160,000 as sales
                                                                                                            BRINSMEAD	                                                                                           15	 $370,000	-5.7%	 $390,000	-3.6%	 2.6%
         numbers dropped off at Edmonton as well as a slight
         increase at comparatively HOUSE SALES Craiglie.
                         MACKAY more expensive                                                              CLIFTON BEACH ~ f	                                                                                      4	            N/A	       N/A	       $427,500	       -8.1%	    3.3%

                            <$350,000         $350,000+               $500,000+                             EARLVILLE	                                                                                              2	            N/A	 N/A	$310,000	2.6%	 2.5%

                       TOOWOOMBA LAND SALES                                                                 EDGE HILL ~	
                                                                                                                                                                                                           ROCKHAMPTON-7.4%	 $413,500	 -8.1%	
                                                                                                                                                                                                               8	 $500,000	
                                                                                                                                                                                                                            LAND SALES                                           11.0%




                                                                                                                                       HOUSE PRICEPOINTS - SALES NUMBERS BY PRICE RANGE
           MAR 12  ROCKHAMPTON UNIT SALES
         Rental market
                  53   169            76
,000+
00+                         <$250,000         $250,000+         $350,000+                                   EDMONTON	                                                                               <$250,000    21	$318,000	2.5%	$317,000	0.6%	 9.3%
                                                                                                                                                                                                                        $250,000+       $350,000+
               DEC 11    <$250,000
                         58       178 $250,000+      $350,000+
                                                           71     $500,000+
         The Cairns rental market has also improved markedly with


                                                                                             UNIT & TOWNHOUSE PRICE POINTS - SALES NUMBERS BY PRICE RANGE
                                                                                                            GORDONVALE ~	                                                                                        11	$290,000	13.7%	$275,000	0.5%	 5.8%
     8           MAR 12   66                                            3 0                                     MAR 12    117                                                                                                                                 1 1
         it recording61 vacancy rate of 2.5 per cent as 7 the end
                SEP 11 15
              MAR 12      a       148   20             56      at      1                                    HOLLOWAYS BEACH	                                                                                     11	$500,000	 N/A	$452,500	4.9%	13.8%
         of March11 59
                 DEC compared to 3.8 per cent at the same 2 0     period                                         DEC 11   81                                                                                                                 1
                                                                                                                                                                                                                                          26.7%	
               JUN 11 7
              DEC 11     53      13
                                 148               7 43 2                                                   KEWARRA BEACH +	                                                                                     19	       $405,500	                    $390,000	       -1.5%	    9.9%
         last year.11 54 from REIQ accredited agencies report
                  SEP Agents                                   3 0
               SEP 11 7
                                                                                                                SEP 11
                                                                                                            MANOORA ~	                                                                             72               4	            N/A	 1
                                                                                                                                                                                                                                     4       N/A	       $242,500	   -17.8%	       -6.7%
              MAR11      59      12
                                  147        7        0
         a recovery in the tourism industry which is improving
                                                       49
                                                      2 0
         employment 41
                 JUN 11                                                                                     MANUNDA	                                                                                                7	$275,000	 N/A	$275,000	-6.7%	 1.7%
                                                                                                                                                                                                   56                 1 1
                        9 opportunities and therefore demand for
                                                                                                                JUN 11
              JUN 11                8      3 3
         rentalMAR 11 26
                  property.                3 1                                                              MOOROOBOOL ~	
                                                                                                               MAR 11   47
                                                                                                                                                                                                                 15	$325,500	
                                                                                                                                                                                                                         1 2
                                                                                                                                                                                                                             20.6%	$315,000	-8.7%	10.5%
              MAR 11    6      8       3 0
                          TOWNSVILLE HOUSE SALES
         With low investor activity combined with first home
                                                                                                            MOUNT SHERIDAN	                                                                                      23	 $325,000	-1.5%	 $325,000	-4.8%	 3.2%

                                                                                                            REDLYNCH	                                                                                            16	$380,500	0.7%	$384,000	-5.4%	 0.8%
         buyers struggling to enter into home ownership, the
                        <$350,000     $350,000+       $500,000+
         Cairns rental market continues to LAND SALES
                            FRASER COAST tighten. Demand for
                                                                                                            REDLYNCH ^	                                                                                             6	$615,600	 N/A	$660,000	 N/A	-5.7%
                                                                                                                                                                                                           MACKAY LAND SALES
                               MACKAY UNIT SALES
                  is 190<$250,000         197                   42
         houses 12 strong, while less investor activity in the unit
             MAR                                                                                            SMITHFIELD	                                                                                          11	 $320,000	-3.0%	 $340,000	-5.6%	 13.5%
 ,000+
00+                                      $250,000+         $350,000+                                                                                                                                <$250,000                    $250,000+                       $350,000+
                     <$250,000    $250,000+     $350,000+     $500,000+
         market is making supply levels tighter.
              DEC 11 172                181                 37                                              TRINITY BEACH + *	                                                                                   13	       $360,000	       9.6%	        $360,000	       -4.0%	    3.6%
                MAR 12    38                                 01                                                   MAR 12    109                                                                                                                     9 0
             MAR
                     rent         17            16
         Median12 13for a three-bedroom house increased $10   4                                             TRINITY PARK + ~	                                                                                    12	       $375,000	       -1.3%	       $380,000	       -1.3%	    8.7%
3               SEP 11  179               181               41
                 DEC 11   33
         per week to8$320 between March last year and   0 0 March this                                      WHITE DEC 11
                                                                                                                  ROCK	                                                                            149              6	            N/A	       N/A	       $269,000	       2
                                                                                                                                                                                                                                                                    7-2.4%	       5.5%
0             DEC 11          12        20               5
         year. JUN 11 median rent for a two-bedroom unit 42 0 steady
               The11 145
                 SEP      35          197                  was
                                                           2                                                      SEP 11
                                                                                                            WHITFIELD	                                                                             123           10	 $400,000	-3.6%	 1 2
                                                                                                                                                                                                                                     $423,500	-5.9%	 1.4%
               SEP 11   14         22                13         1
         at $250 11 145 same period.
              MAR over 26 the         162                                                                   						
                 JUN 11                         2   0 42                                                    JUN 11 69 3 1
              JUN 11    9      18             5   6                                                         SURROUNDS						
              MAR 11    32                                              1 1                                     MAR 11   20 4 1
             MAR 11    11           20                      8           2                                   CASSOWARY COAST (LGA) ~ f	 28	                                                                                 $242,500	       4.3%	        $228,000	 -12.3%	        -1.1%

                                                                                                            CASSOWARY COAST (LGA) ^ ~	 8	                                                                                        N/A	       N/A	        $310,000	 -10.8%	         4.2%
                               CAIRNS HOUSE SALES                                                           						
                             TOWNSVILLE$350,000+ SALES
                                 BUNDABERG LAND $500,000+
                             <$350,000  UNIT SALES                                                                                                                                                         TOWNSVILLE LAND SALES
                                                                                                            TABLELANDS (LGA) ~	                                                                                  47	       $231,000	      -9.6%	        $263,000	 -11.2%	         9.6%
0,000+
 0+                      <$250,000
                             <$250,000 $250,000+      $350,000+ $350,000+
                                                $250,000+             $500,000+                                                                                                                     <$250,000                    $250,000+                       $350,000+
              MAR 12     143                   113               34                                         TABLELANDS (LGA) ^ ~	                                                                                31	       $430,000	      13.5%	        $385,000	       -6.1%	   10.0%

                                                                                                            ATHERTON ~	90                                                                                                                8 2
                                                                                                                 MAR 12
             MAR 12 12 25 57
                MAR                  47                      13 2 9 0                                                                                                                                            15	$257,000	-0.4%	$275,000	-14.1%	 0.0%
               DEC 11    159                     100             25
             DEC 11 11 40 57
                 DEC                        30             30     01      5
                                                                                                                 DEC 11
                                                                                                            KURANDA ^ ~	                                                                           77               4	     $420,000	      16.7%	    3 $362,500	
                                                                                                                                                                                                                                                       2            -14.7%	      -13.7%
                SEP 11   164                      132                  42                                   MAREEBA ~	                                                                                           13	$235,000	-11.0%	$261,500	-6.3%	16.2%
 0            SEPSEP 11 33 33                    3 2 23                                                          SEP 11 70                                                                                                                      9       2
                  11                    32                           9
               JUN 11    121               92             27
             JUN 11 11 22 25
                 JUN                     0 022                                                                                                                              JUN 11                 56                                    6 1
                                   20                  6
              MAR 11     113              106              48
                                                                                                                                                               MAR 11                              41                      3 2
                MAR 11
             MAR 11     26 26        29    01      19         10




                                  GLADSTONE LAND SALES
                                  CAIRNS UNIT SALES                                                                                                                                                         CAIRNS LAND SALES
,000+
00+                    <$250,000
                           <$250,000 $250,000+     $350,000+
                                             $250,000+                         $500,000+
                                                                              $350,000+                                                                                                                 <$250,000                 $250,000+                       $350,000+

    10      MAR 12 1279
               MAR          24           22        20 3 5 6                                                                                                                 MAR 12                 43                                               6        3

             DEC DEC 1110228
                 11                      18          0     30           16    12                                                                                                          DEC 11   53                                                         3     2

    5        SEP 11 1187
                 SEP        75                       30          20      4     27        4                                                                                                SEP 11   53                                                        1 3

             JUN JUN 1171
                 11         52                24          17 9 0
                                                            14                                                                                                                            JUN 11   47                                                   32

            MAR 11 1166
               MAR          47            30         6 105 10                                                                                                               MAR 11                 31                               3 1




               Please see page 41 for legend and further notes                                                                                                                                                                                              March Quarter 2012
38




     CAIRNS
     MACKAY
     MEDIAN SALES DATA                                                                            MEDIAN WEEKLY RENTS
     Suburb/	                  Number of	      Mar	     change	   12 mths to 	 change	 change                    Example                     Mar Qtr 2012     Mar Qtr 2011




                                                                                                      Postcode
     Locality	                 Sales Mar	      Qtr	      over	    the end of	   over	   over                     Suburb	                     Rent     New     Rent     New
     	                          Qtr 2012	     2012	       qtr	    Mar 2012	      1yr	   5yrs                                                 ($)      Bonds   ($)      Bonds

     UNITS & TOWNHOUSES                                                                           3 BEDROOM HOUSES continued
     CAIRNS (LGA) - * f	          110	      $212,500	   -1.2%	    $220,000	 -17.0%	      -7.2%    	              CASSOWARY COAST REGIONAL	   $280	    107	    $280	     106

     CAIRNS CITY * f	              17	      $270,000	   -35.7%	    $407,500	   -16.8%	   10.4%    4849	CARDWELL	                             $350	       5	 $300	 11

     CAIRNS NORTH * f	             17	      $215,000	    -5.7%	    $225,000	   -21.2%	   -11.8%   4852	BINGIL BAY	                           $350	22	$320	22

     CLIFTON BEACH * f	             8	      $220,000	    -4.8%	    $230,000	   -19.3%	   -23.3%   4854	BILYANA	                              $300	13	$300	17

     EARLVILLE	                     7	$233,000	 N/A	$247,000	-5.7%	60.8%                          4858	          COMOON LOOP	                $250	       6	    n.a.	      4

     MANOORA	                       8	$175,000	2.9%	$170,000	3.0%	-4.0%                           4860	BAMBOO CREEK	                         $270	58	$260	42

     MANUNDA *	                     1	           N/A	      N/A	    $140,000	   -22.2%	    -9.7%   	              TABLELANDS REGIONAL	        $280	186	$270	176

     PALM COVE * f	                 3	           N/A	      N/A	    $250,000	   -26.5%	   -45.9%   4872	BARRINE	                              $275	 15	 $260	              8

     PARRAMATTA PARK	               3	           N/A	      N/A	    $215,000	   -15.7%	   -25.7%   4880	ARRIGA	                               $280	46	$275	55

     PORT DOUGLAS - * f	            5	           N/A	      N/A	    $300,000	    0.0%	     -6.3%   4881	KOAH	                                 $350	 17	 $320	              9

     TRINITY BEACH - * f	           3	           N/A	      N/A	    $245,000	   -12.7%	    -1.6%   4882	TOLGA	                                $270	9	$290	9

                                                                                                  4883	ATHERTON	                             $280	51	$270	50

     VACANT LAND                                                                                  4884	          LAKE BARRINE	               $285	      14	   $275	       7

     CAIRNS (LGA) ~	               52	      $160,000	    6.7%	    $165,000	    -4.3%	    22.2%    4885	BUTCHERS CREEK	                       $260	16	$270	15

     CAIRNS (LGA) ^ ~	             21	      $150,000	      N/A	   $190,000	 -17.7%	      15.2%    4887	HERBERTON	                            $240	6	$250	6

     CRAIGLIE	                      5	$160,000	N/A	                     N/A	N/A	 N/A              4888	EVELYN	                               $265	12	$235	16

     EDMONTON *	                    3	           N/A	      N/A	    $120,200	   -15.4%	   33.6%

     MOOROOBOOL *	                  1	           N/A	N/A	$182,500	N/A	 N/A                        2 BEDROOM UNITS
     MOUNT SHERIDAN ~ *	            5	      $160,000	      N/A	    $150,000	      N/A	   15.4%    	              CAIRNS REGIONAL	            $250	1074	 $250	1090

     REDLYNCH *	                    3	           N/A	      N/A	    $179,300	     2.5%	   29.0%    4868	BAYVIEW HEIGHTS	                      $200	78	$230	79

     SMITHFIELD ~ *	                9	      $130,500	     2.2%	    $135,000	   -22.9%	   -19.4%   4869	BENTLEY PARK	                         $220	14	$210	14

     TRINITY BEACH + *	             1	           N/A	      N/A	    $170,000	     0.9%	    -7.1%   4870	AEROGLEN	                             $250	662	$250	680

     TRINITY PARK + *	              1	           N/A	      N/A	    $186,500	    -2.6%	   13.4%    4873	BAILEY CREEK	                         $190	19	$180	14

     						                                                                                       4877	CRAIGLIE	                             $260	59	$255	59

     SURROUNDS						                                                                              4878	BARRON	                               $255	93	$250	90

     CASSOWARY COAST (LGA) ~	       9	           N/A	      N/A	   $106,250	 -24.1%	      -3.4%    4879	BUCHAN POINT	                         $270	144	$260	150

     CASSOWARY COAST (LGA) ^	       8	           N/A	      N/A	   $144,000	 -17.7%	      20.0%    	              CASSOWARY COAST REGIONAL	   $235	     91	    $215	      81

     						                                                                                       4849	CARDWELL	                             $240	 10	 $200	              6

     TABLELANDS (LGA) ~ *	         22	       $85,000	   -1.4%	     $85,000	 -18.5%	       9.0%    4852	BINGIL BAY	                           $280	27	$265	22

     TABLELANDS (LGA) ^ ~	         20	      $205,000	   14.5%	    $185,000	     0.0%	    37.0%    4854	BILYANA	                              $250	14	$240	13

     ATHERTON	                      5	$115,000	9.5%	                    N/A	 N/A	 N/A             4860	BAMBOO CREEK	                         $180	38	$190	37

     MAREEBA ~ *	                   9	       $85,000	     0.0%	     $87,500	   -11.6%	   25.4%    	              TABLELANDS REGIONAL	        $200	83	$190	83

     MAREEBA ^	                     6	$170,000	 N/A	$152,500	-11.1%	 7.0%                         4880	ARRIGA	                               $200	33	$190	26

                                                                                                  4881	KOAH	                                 $250	8	$200	6

                                                                                                  4883	ATHERTON	                             $200	34	$200	38
     MEDIAN WEEKLY RENTS
                 Example                                      Mar Qtr 2012      Mar Qtr 2011      2 BEDROOM TOWNHOUSES
     Postcode




                 Suburb	                                      Rent     New      Rent     New
                                                                                                  	              CAIRNS REGIONAL	            $230	138	$230	134
                                                              ($)      Bonds    ($)      Bonds
                                                                                                  4868	BAYVIEW HEIGHTS	                      $215	13	$215	12
     3 BEDROOM HOUSES
     	           CAIRNS REGIONAL	                             $320	511	$310	551                   4869	BENTLEY PARK	                         $200	12	$200	17

     4861	BABINDA	                                            $250	7	$250	5                       4870	AEROGLEN	                             $240	58	$240	53

     4865	GOLDSBOROUGH	                                       $295	20	$300	17                     4877	CRAIGLIE	                             $230	       8	 $250	 15

     4868	BAYVIEW HEIGHTS	                                    $310	93	$300	95                     4878	BARRON	                               $220	31	$230	21

     4869	BENTLEY PARK	                                       $290	56	$280	64                     4879	BUCHAN POINT	                         $260	15	$270	14

     4870	AEROGLEN	                                           $330	162	$325	187                   	              CASSOWARY COAST REGIONAL	   $275	       6	   $220	       5

     4873	BAILEY CREEK	                                       $260	23	$260	16

     4877	CRAIGLIE	                                           $360	22	$350	12

     4878	BARRON	                                             $330	47	$320	64

     4879	BUCHAN POINT	                                       $365	81	$340	91


                Please see page 41 for legend and further notes                                                                                      March Quarter 2012
39




OTHER REGIONAL
Queensland’s regional areas continue to be a tale of the                                    Likewise, Moranbah in the Isaac local government area,
robust resource centres with most locations associated                                      posted median house price growth of 88.7 per cent over
with mining posting median house price growth over                                          the same period. Its median house, however, is currently
the March quarter. This rapid property price growth is                                      a much pricier $750,000.
most apparent when you look at the median house price
                                                                                            Other regions to post property price growth of more than
changes over the past five years.
                                                                                            50 per cent over the past five years include Dysart, up 59.7
For example, the median house price in Miles in the                                         per cent; Blackwater, up 51.3 per cent; and nearly every
Western Downs Regional Council Area - near the                                              single suburb in Gladstone.
burgeoning Surat Basin Energy Province - has increased
                                                                                            By comparison the Brisbane median house price has
a staggering 83.9 per cent since the year ending March
                                                                                            increased by 29 per cent over the past five years.
2007. Its median house price over the year ending March
2012 was $285,000.


MEDIAN SALES DATA                                                                           MEDIAN WEEKLY RENTS
Suburb/	                   Number of	      Mar	     change	   12 mths to 	 change	 change                  Example               Mar Qtr 2012     Mar Qtr 2011



                                                                                                Postcode
Locality	                  Sales Mar	      Qtr	      over	    the end of	   over	   over                   Suburb	               Rent     New     Rent     New
	                           Qtr 2012	     2012	       qtr	    Mar 2012	      1yr	   5yrs                                         ($)      Bonds   ($)      Bonds

HOUSES                                                                                      3 BEDROOM HOUSES
SOUTH WEST						                                                                            	              MARANOA REGIONAL	     $410	56	$330	54

MARANOA (LGA) ~	               31	      $325,000	    6.6%	    $273,750	   -2.2%	   37.6%    4455	ANGELLALA	                      $450	46	$340	47

ROMA ~	                        26	$339,000	2.7%	$290,000	0.0%	34.9%                         	              MOUNT ISA CITY	       $500	     85	    $470	      79

						                                                                                      4825	ALEXANDRIA	                     $500	85	$470	79

MURWEH (LGA)	                  10	           N/A	     N/A	    $146,750	   12.9%	   41.1%    	              COOK SHIRE	           $250	44	$260	39

CHARLEVILLE ~	                  8	$172,500	13.3%	$152,125	8.7%	34.6%                        4871	ALMADEN	                        $250	33	$250	30

						                                                                                      4895	BLOOMFIELD	                     $300	 11	 $300	              9

CENTRAL WEST						
LONGREACH (LGA)	                4	           N/A	N/A	              N/A	N/A	 N/A

LONGREACH	                      4	           N/A	 N/A	 $222,500	-7.3%	 58.9%                2 BEDROOM UNITS
						                                                                                      	              MARANOA REGIONAL	     $230	22	$220	17

NORTH WEST						                                                                            4455	ANGELLALA	                      $250	20	$220	17

MOUNT ISA (LGA) ~	             45	      $360,000	    6.7%	    $350,000	    0.0%	   37.3%    	              MOUNT ISA CITY	       $350	     82	    $320	      93

HEALY	                          6	           N/A	 N/A	 $405,000	-0.5%	 24.2%                4825	ALEXANDRIA	                     $350	82	$320	93

PARKSIDE	                       6	           N/A	N/A	$321,250	N/A	39.7%                     	              COOK SHIRE	           $240	     13	    n.a.	       3

SOLDIERS HILL ~	                7	      $370,000	   13.8%	    $354,000	    7.3%	    36.2%   4895	          BLOOMFIELD	           $240	      11	    n.a.	      3

SUNSET ~	                       8	$350,500	14.9%	$327,000	-5.5%	25.8%

TOWNVIEW	                       7	$355,000	 N/A	$355,000	-0.7%	42.0%




VACANT LAND
SOUTH WEST						
MARANOA (LGA) ~ *	              3	           N/A	     N/A	    $150,000	   26.6%	   222.6%

ROMA ~ *	                       1	           N/A	      N/A	   $150,000	   25.0%	    87.5%




            Please see page 41 for legend and further notes                                                                              March Quarter 2012
40




     rental market indicators
     GROSS RENTAL YIELDS                                                  VACANCY RATES
     	                                         HOUSES	UNITS	              	                           ALL RENTALS	
     QUARTER	                              Mar-12	Dec-11	Mar-12	Dec-11    END OF MONTH		 Mar-12	 Dec-11	 Mar-11
     SOUTH EAST QUEENSLAND                                                SOUTHEAST QUEENSLAND			
     BRISBANE CITY	                          4.1%	4.0%	4.9%	5.0%          Brisbane SD		2.7%	2.4%	2.5%
     IPSWICH CITY	                           4.9%	4.8%	5.4%	5.1%          Brisbane City		2.1%	2.3%	2.3%
     LOGAN CITY	                             4.9%	4.8%	5.2%	4.7%               Brisbane Inner (0-5km)		1.6%	1.4%	1.9%
     MORETON BAY	                            4.5%	4.3%	4.2%	4.4%               Brisbane Remainder 		2.4%	2.8%	2.6%
     REDLAND CITY	                           4.4%	4.4%	4.1%	5.1%          Brisbane Surrounds²		3.1%	2.5%	2.7%
     GOLD COAST CITY	                        4.7%	4.5%	5.1%	5.1%              Ipswich City		2.8%	2.8%	3.0%
     SUNSHINE COAST	                         4.4%	4.2%	4.7%	4.3%              Logan City		2.7%	1.8%	2.5%
     MAJOR REGIONAL CENTRES				                                               Moreton Bay Regional		3.2%	3.1%	2.7%
     TOOWOOMBA	                              5.0%	4.6%	4.5%	4.6%               Caboolture *		4.5%	5.1%	3.3%
     FRASER COAST	                           5.0%	4.8%	4.0%	4.1%               Pine Rivers		2.5%	1.2%	1.5%
     BUNDABERG	                              5.1%	4.8%	4.3%	3.8%               Redcliffe		2.8%	3.9%	3.1%
     GLADSTONE	                              5.0%	4.5%	5.3%	3.5%              Redland City		3.9%	2.3%	2.6%
     ROCKHAMPTON	                            5.4%	5.2%	4.5%	4.8%               Mainland		3.5%	1.7%	1.8%
     MACKAY	                                 5.6%	4.9%	4.8%	5.0%               Bay Islands		9.1%	6.3%	8.0%
     TOWNSVILLE CITY	                        4.9%	4.6%	4.7%	4.6%          Gold Coast City		5.2%	4.5%	4.2%
     CAIRNS	                                 4.7%	4.7%	6.3%	5.8%          Sunshine Coast Regional		4.9%	4.6%	3.2%
     OTHER REGIONAL AREAS                                                      Caloundra Coast		5.3%	3.5%	3.9%
     BANANA 	                                6.4%	6.6%	N/A	N/A                 Maroochy Coast		4.2%	3.2%	2.2%
     BURDEKIN 	                              5.2%	5.9%	N/A	N/A                 Noosa Coast		4.1%	5.2%	3.5%
     CASSOWARY COAST 	                       6.3%	   7.8%	   N/A	   N/A        Hinterland		6.0%	9.4%	4.4%
     CENTRAL HIGHLANDS 	                     7.0%	7.1%	6.3%	6.9%          MAJOR REGIONAL CENTRES			
     GOONDIWINDI 	                           8.0%	N/A	N/A	N/A             Bundaberg Regional		4.3%	3.0%	3.7%
     GYMPIE 	                                4.6%	4.9%	N/A	N/A            Cairns Regional		3.7%	3.1%	2.8%
     ISAAC 	                                15.3%	10.2%	N/A	N/A           Fraser Coast Regional *		       4.9%	      5.8%	   3.8%
     MARANOA 	                               6.8%	6.6%	N/A	N/A                 Hervey Bay		2.3%	3.6%	3.8%
     MOUNT ISA 	                             7.7%	   7.4%	   N/A	   N/A        Maryborough		5.7%	6.3%	3.8%
     MURWEH 	                                7.6%	N/A	N/A	N/A             Gladstone Regional		0.6%	0.7%	1.5%
     NORTH BURNETT 	                         9.3%	N/A	N/A	N/A             Mackay Regional		1.6%	1.0%	0.7%
     SCENIC RIM 	                            4.7%	   4.2%	   N/A	   N/A   Rockhampton Regional		2.0%	1.2%	0.9%
     SOUTH BURNETT 	                         5.7%	   5.7%	   N/A	   N/A   Toowoomba Regional		1.6%	1.7%	2.1%
     SOUTHERN DOWNS 	                        4.8%	   4.8%	   N/A	   N/A   Townsville/Thuringowa		3.7%	2.5%	2.3%
     TABLELANDS 	                            5.7%	5.2%	N/A	N/A            OTHER REGIONAL AREAS			
     WESTERN DOWNS 	                         5.3%	   6.0%	   N/A	   N/A   Gympie Regional		5.9%	3.9%	3.1%
     WHITSUNDAY 	                            5.4%	5.6%	6.7%	3.3%          Southern Downs Regional		       2.3%	       N/A	   3.7%
                                                                          Tablelands Regional		4.5%	4.7%	2.6%




           Please see page 41 for legend and further notes                                                   March Quarter 2012
REIQ research explanatory notes                                                                                                                                                              41




SALES DATA                                                                         RENTAL DATA
All figures are preliminary and are subject to further                             All rental data is collated by postcode. Where no postcode
revision. Only suburbs to record sufficient sales numbers                          or region is listed, insufficient new bonds were lodged in
have been included (see Research Methodology).                                     order to calculate a reliable statistic.
N/A No preliminary estimate available due to insufficient                          Where there is a relatively small number of bond
sales numbers                                                                      lodgements median rent values are less reliable and
                                                                                   should be used with caution.
(LGA) Local Government Area
                                                                                   n.a. Not Available (the number of new bonds lodged was
Brisbane (SD)– Brisbane Statistical Division which                                 too small to provide a reliable estimate)
includes the LGA’s of Brisbane City, Ipswich City, Logan
City, Moreton Bay Regional and Redland City.                                       Source: Residential Tenancies Authority, Rental Bond lodgements (RTA)
^ Denotes acreage sales - on land size greater than                                www.rta.qld.gov.au
2,400m². All other house and land sale statistics are
based on land size under 2,400m². Unit and townhouse                               GROSS RENTAL YIELDS
data includes sales of residential building units and
group titled properties.                                                           House yields based upon REIQ median house prices and
                                                                                   RTA weighted median weekly rent for houses.
~ Medians affected by varying quality of stock sold
                                                                                   Unit yields based upon REIQ median unit & townhouse
* Medians affected by varying quantities of new                                    prices and RTA weighted median weekly rent for units
properties sold                                                                    and townhouses.
f Medians affected by varying quantities of waterfront
properties sold                                                                    VACANCY RATES
t Medians affected by varying quantities of townhouses                             ¨Based upon all residential rentals as at the end of the
sold                                                                               month
g Sales volumes and median affected by QLD government                              * High vacancy rate due to new residential unit releases	
acquisitions in the area
                                                                                   n/a Not previously collated
G
 Sales volumes and median affected by QLD government
sales in the area                                                                  N/A Insufficient sample size reported in order to calculate
                                                                                   a reliable statistic		
+ Due to the nature of properties in this suburb, some
group titled property sales have been included                                     NB Where no region or vacancy rate is listed, insufficient
                                                                                   surveys were received in order to calculate a reliable
- Due to the nature of properties in this suburb, some                             statistic	
group titled property sales have been omitted
                                                                                   Source: REIQ Residential Rental Survey
1
 Medians affected by varying volumes of sales on the bay
islands and mainland                                                                                 Queensland Market Monitor is published by
                                                                                                   The Real Estate Institute of Queensland (REIQ).

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       Please see page 41 for legend and further notes                                                                                                      March Quarter 2012
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Qmm Issue14 Linda Jane Debello

  • 1.
    your state-wide propertyresearch guide - suburb by suburb REIQ ISSUE 14 REAL ESTATE INSTITUTE QUEENSLAND “Property prices MARCH QUARTER 2012 QUARTERLY PRICE MOVEMENTS have grown in STATE-WIDE SUMMARY LGA HOUSES UNITS LAND most areas and SOUTHEAST QLD HOUSE AND UNIT MARKETS some regions BRISBANE (SD) 0.0% -2.9% 6.8% ~ * The Queensland property market has turned BRISBANE CITY 1.2% -3.1% 7.3% ~ * have also around and posted positive results for the first time in 18 months. IPSWICH CITY 0.0% -5.6% * t -5.3% * experienced LOGAN CITY -1.8% -8.9% * t 4.8% * The REIQ March quarter Queensland Market substantial MORETON BAY -2.4% -0.3% 3.4% Monitor has found house prices across the increases in majority of Queensland increasing with sales REDLAND CITY -0.9% -14.3% f ~ -29.4% ~ numbers also up – in some cases significantly. sales activity, GOLD COAST CITY 0.7% -2.4% -13.2% * f Three months ago when the REIQ analysed the SUNSHINE COAST 0.6% 2.2% ~ 14.6% * which is a December quarter data it seemed to indicate MAJOR REGIONS hugely welcome the bottom of the market had been reached TOOWOOMBA 0.7% -6.1% ~ -9.0% * because prices were stabilising. turnaround” FRASER COAST 7.8% ~ -7.0% * f 0.0% The REIQ predicted at the time that the March BUNDABERG 3.7% -8.6% * f 0.0% quarter data would be even more positive and GLADSTONE -0.6% 5.1% * f t 10.5% * house prices across the state have duly started to increase. ROCKHAMPTON 1.6% -1.2% -1.0% MACKAY 1.2% -12.7% f ~ 7.8% * f Property prices have grown in most areas and some regions have also experienced TOWNSVILLE CITY 0.0% -6.4% * f 4.9% * substantial increases in sales activity, which is CAIRNS 4.5% ~ -1.2% * f 6.7% ~ a hugely welcome turnaround See page 41 for REIQ explanatory notes Linda-Jane Debello of And while the March quarter figures contain plenty of good news, perhaps the best piece The top performer of all major regions across of news is some very healthy results in the State was Fraser Coast, which posted Queensland’s tourism centres, which have median house price growth of 7.8 per cent to struggled more than most over recent years. $290,000 over the March quarter. The numbers of preliminary house sales were also up an impressive 42 per cent. Proud to be REIQ accredited You can Did you know find out more at reiq.com has over 90,000 Queensland properties for sale and rent?
  • 2.
    2 state-wide summary table of contents QUEENSLAND - PRICEPOINTS QUEENSLAND - PRICEPOINTS Queensland market update: QUEENSLAND - PRICEPOINTS QUEENSLAND HOUSE SALES State-wide summary (cont’d) 2 QUEENSLAND HOUSE SALES <$350,000 $350,000+ $500,000+ $1m+ QUEENSLAND HOUSE SALES <$350,000 $350,000+ $500,000+ $1m+ MAR 12 2967 3207 1979 145 Regional market updates: MAR 12 <$350,000 2967 $350,000+ 3207 $500,000+ 1979 $1m+ 145 DEC 11 2760 3071 1748 185 MAR 11 DEC 12 2967 2760 3207 3071 1979 185 145 1748 Brisbane City 5 SEP 11 3093 3453 2042 188 DEC 11 SEP 11 2760 3093 3071 3453 1748 2042185 188 Greater Brisbane 10 JUN 11 2435 3047 1828 187 SEP 11 JUN 11 3093 2435 3047 3453 1828 2042 187 188 MAR 11 2153 3047 1923 146 Gold Coast 16 JUN 11 MAR 11 2435 2153 3047 3047 1828 1923 187 146 Source: REIQ, data provided by PriceFinder Toowoomba 19 MAR 11 2153 3047 1923 146 Source: REIQ, data provided by PriceFinder Sunshine Coast 21 QUEENSLAND UNIT SALES Source: REIQ, data provided by PriceFinder <$250,000 QUEENSLAND UNIT SALES $250,000+ $350,000+ $500,000+ $1m+ Fraser Coast 24 <$250,000 QUEENSLAND UNIT SALES $250,000+ $350,000+ $500,000+ $1m+ MAR 12 598 1123 1057 425 77 Bundaberg 26 <$250,000 $250,000+ $350,000+ 425 $500,000+ $1m+ MAR 12 598 1123 1057 77 DEC 11 588 922 955 417 79 Gladstone 28 MAR 11 DEC 12 598 588 1123 922 9551057 417 425 77 79 SEP 11 579 1182 1118 474 76 Rockhampton 30 DEC 11 SEP 11 588 579 922 1182 9551118 417 474 76 79 JUN 11 553 999 1030 518 92 SEP 11 579 1182 1118 518474 92 76 Mackay 32 JUN 11 MAR 11 553 491 999 959 1030 985 434 78 JUN 11 MAR 11 553 491 999 959 1030 434 985 518 78 92 Townsville 34 Source: REIQ, data provided by PriceFinder MAR 11 491 959 985 434 78 Source: REIQ, data provided by PriceFinder Cairns 36 QUEENSLAND Source: REIQ, data provided by PriceFinder LAND SALES Other Regional Areas 39 <$250,000 QUEENSLAND LAND SALES $250,000+ $350,000+ $500,000+ $1m+ <$250,000 20 MAR 12 QUEENSLAND LAND SALES 242 61 7 $1m+ $250,000+ 1264 $350,000+ $500,000+ Rental Market Indicators 40 20 <$250,000 MAR 12 $250,000+ 1264 $350,000+ $500,000+ 7 $1m+ 242 6126 DEC 11 1210 227 70 6 2620 Residential rental yields 40 MAR 11 DEC 12 1264 1210 242 30 227 7061 6 7 SEP 11 1173 237 61 26 11 30 DEC 11 SEP 11 1210 26 227 70 6 Residential vacancy rates 40 JUN 11 977 1173 142 62 4 237 61 11 26 30 1173 32 142 62 237 61 11 SEP 11 JUN 11 977 4 MAR 11 663 140 8 REIQ explanatory notes 41 46 32 26 JUN 11 MAR 11 663 977 140 8 142 62 4 Source: REIQ, data provided by PriceFinder 32 46 MAR 11 663 140 Source: REIQ, data provided by PriceFinder 8 46 Source: REIQ, data provided by PriceFinder Please see page 41 for legend and further notes March Quarter 2012
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    3 state-wide summary The secondbest performer was Cairns, which recorded median house price growth of 4.5 per cent to $350,000. MEDIAN PRICES - Mar QTR 2012 Local agents say the region now represented excellent LGA HOUSES UNITS LAND value with demand increasing, especially in the upper SOUTHEAST QLD end of the market. BRISBANE (SD) $425,000 $365,000 $224,250 Queensland’s unit and townhouse market also BRISBANE CITY $505,000 $387,750 $300,000 experienced strengthening demand over the March IPSWICH CITY $300,000 $220,000 $179,000 quarter. The numbers of preliminary unit and townhouse LOGAN CITY $335,000 $239,000 $220,000 sales across the State were up 11 per cent compared to the December quarter last year. MORETON BAY $360,000 $325,900 $210,000 REDLAND CITY $420,000 $307,500 $56,500 Over the period, there was also a dramatic increase in the number of units sold between $250,000 and $350,000 with GOLD COAST CITY $454,375 $241,500 $240,000 sales in this price bracket increasing 22 per cent. SUNSHINE COAST $430,000 $332,250 $271,500 This increase in more affordable unit and townhouse MAJOR REGIONS sales is being driven by demand from first home buyers TOOWOOMBA $288,000 $230,000 $136,000 and investors, who often target properties at the lower FRASER COAST $290,000 $251,000 $130,000 end of the market. BUNDABERG $280,000 $245,000 $140,000 About 19 per cent of homes financed in Queensland are GLADSTONE $475,000 $358,250 $246,500 now being bought by first home buyers, which is the ROCKHAMPTON $320,000 $284,000 $143,500 highest level of activity from first-time property buyers MACKAY $425,000 $310,000 $194,000 since 2009 when the First Home Owners Boost was available. TOWNSVILLE CITY $360,000 $286,000 $166,750 CAIRNS $350,000 $212,500 $160,000 Investors too are making a long-awaited return to the market with more than 4,500 properties bought by investors in March this year. The 10-year average is 5,000 dwellings per month so this is also the strongest level of activity from investors since early 2010. SALES ACTIVITY - Mar QTR 2012 Over the March quarter, median unit and townhouse LGA HOUSES UNITS LAND prices softened in a number of areas due to this shift in SOUTHEAST QLD demand for more affordable properties. Median prices BRISBANE (SD) steady up steady reflect the types of properties that sell over a particular BRISBANE CITY steady strong strong timeframe so if more affordable properties sell the IPSWICH CITY steady down down median will be dragged lower. LOGAN CITY up strong up MORETON BAY steady steady down VACANT LAND MARKET REDLAND CITY steady steady up Sales activity for the vacant land market was up 4 per GOLD COAST CITY up up up cent over the March quarter for the State as a whole, with SUNSHINE COAST strong up up the majority of the increase occurring in the $250,000 to $350,000 bracket. Top sales increases were most notable MAJOR REGIONS in South East Queensland (SEQ), while Rockhampton TOOWOOMBA down down steady outperformed all major regional areas. FRASER COAST strong down steady With a number of new land estates coming onto the BUNDABERG up down steady market, a number of areas recorded strong increases in GLADSTONE steady strong steady their quarterly medians. Local agents state-wide however, ROCKHAMPTON strong strong up are reporting a restraint on supply levels as some MACKAY steady steady down developers continue to have difficulty securing finance. TOWNSVILLE CITY up down up CAIRNS steady down steady steady +/- 5% up/down 5-20% strong >20% Please see page 41 for legend and further notes March Quarter 2012
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    4 state-wide summary RENTAL MARKET MEDIAN WEEKLY RENTS - Mar QTR 2012 Demand for rental properties continues to strengthen LGA 3 BED HOUSE 2 BED FLAT 3 BED T’HSE with vacancy rates tightening across the State. SOUTHEAST QLD The REIQ March residential vacancy rates show the BRISBANE CITY $400 - $390 u $405 - majority of regions experiencing strong demand from IPSWICH CITY $285 - $235 - $295 - tenants, with vacancy rates in many areas now below 3 LOGAN CITY $325 - $255 - $325 - per cent. MORETON BAY $320 - $265 - $320 - A vacancy rate of 3 per cent is generally considered to be REDLAND CITY $365 - $310 u $365 - the equilibrium point of supply and demand. GOLD COAST CITY $400 - $350 - $360 - With a slow sales market, many potential first home SUNSHINE COAST $365 - $300 - $350 - buyers and investors are still sitting on the sideline, which MAJOR REGIONS has contributed to the lower vacancy rates. TOOWOOMBA $280 - $220 - $300 u The latest Australian Bureau of Statistics (ABS) data FRASER COAST $260 - $215 u $300 - however is showing an increasing number of investors and first-timers coming back into the market, which BUNDABERG $270 - $210 - $270 d should help ease this pent-up demand and keep rental GLADSTONE $480 u* $360 u* $560 u* price growth steady. ROCKHAMPTON $330 u* $250 u $340 u* The resource centres continue to experience extreme MACKAY $460 u* $350 u* $470 u* conditions, with vacancy levels of 2 per cent or below. TOWNSVILLE CITY $350 - $300 - $360 - Median rents in these areas, as reported by the CAIRNS $320 - $250 - $300 - Residential Tenancies Authority (RTA), are on the rise as a result. (-) steady (u) up (d) down * change greater than $20 Meanwhile in SEQ, subdued rents along with first home buyers still playing the waiting game has contributed to increased demand for rental properties. Investors are also still only beginning to come out of the woodwork, which has meant rental supply levels remain low. VACANCY RATES - March 2012 GROSS RENTAL YIELDS - Mar QTR 2012 LGA 31-Mar-12 TREND LGA HOUSES UNITS SOUTHEAST QLD SOUTHEAST QLD BRISBANE CITY 1.7% d* BRISBANE CITY 4.1% - 5.2% u IPSWICH CITY 2.8% - IPSWICH CITY 4.9% - 5.6% - LOGAN CITY 2.3% - LOGAN CITY 5.0% - 5.5% u MORETON BAY 3.0% u MORETON BAY 4.6% - 4.2% - REDLAND CITY 2.2% d REDLAND CITY 4.5% - 5.2% - GOLD COAST CITY 3.9% d GOLD COAST CITY 4.6% - 7.5% u* SUNSHINE COAST 3.1% - SUNSHINE COAST 4.4% - 4.7% - MAJOR REGIONS MAJOR REGIONS TOOWOOMBA 1.9% - TOOWOOMBA 5.1% - 5.1% u FRASER COAST 3.8% - FRASER COAST 4.7% d 4.5% u BUNDABERG 3.3% d BUNDABERG 5.0% - 4.5% - GLADSTONE 1.4% - GLADSTONE 5.3% u 5.2% - ROCKHAMPTON 1.0% u* ROCKHAMPTON 5.4% - 4.6% - MACKAY 1.7% - MACKAY 5.6% - 5.9% u* TOWNSVILLE CITY 2.0% d TOWNSVILLE CITY 5.1% - 5.5% u* CAIRNS 2.5% d CAIRNS 4.8% - 6.1% - (-) steady (u) up (d) down * change greater than 0.5pts (-) steady (u) up (d) down * change greater than 0.5pts Please see page 41 for legend and further notes March Quarter 2012
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    5 BRISBANE CITY HOUSE ANDUNIT MARKETS BRISBANE CITY HOUSE SALES The median house price in Brisbane increased 1.2 per <$350,000 $350,000+ $500,000+ $1m+ cent to $505,000 over the March quarter. MAR 12 148 773 931 58 MAR A number of Brisbane’s middle ring suburbs performed well over the March quarter. Holland Park’s median house DEC 11 185 788 858 111 DEC price increased 9.3 per cent to $499,000 as buyers started SEP 11 196 882 1013 96 SEP to once again consider upgrading their homes. JUN 11 165 738 949 91 JUN Holland Park is located approximately 8km from the MAR 11 118 697 910 83 MAR Brisbane CBD, and is neighboured by Holland Park West, Mount Gravatt, Mount Gravatt East and Camp Hill. A popular family area, Holland Park's many local facilities and easy access to the city and surrounding areas has BRISBANE SURROUNDS' HOUSE SALES ensured demand remains strong. Residents are serviced <$350,000 BRISBANE CITY UNIT$500,000+ $350,000+ SALES $1m+ by a variety of services and in surrounding suburbs. <$250,000 MAR 12 843 $250,000+ 677$350,000+ $500,000+ 218 4 $1m+ MAR Griffith University, shopping centres, schools and the MAR 11 DEC 12 754 709 185 187 7 DEC 42 355 570 26 MAR Southeast Busway along the Southeast Freeway have helped to add value to the area in recent years. DEC 11 SEP 11 891 239 35 477 788 201 21246 12 SEP DEC JUN 11 SEP 11 686 49 331 761 614 237 230 7 24 JUN SEP The neighbouring suburb of Mount Gravatt East experienced increased demand over the period, with a MAR 11 JUN 11 586 48 268 779 512 244 6 33 201 MAR JUN significant jump in sales compared to the December INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL 174 MAR 11 37 220 478 13 MAR quarter. The suburb, with a median of $499,999, is a more affordable option for many buyers than Holland Park but GOLD COAST HOUSE SALES largely provides the same amenities, types of properties and attractive undulating location. <$350,000 $350,000+ $500,000+ $1m+ BRISBANE SURROUNDS' UNIT SALES Brisbane’s median unit and townhouse price softened 3.1 MAR 12<$250,000BRISBANE CITY LAND 268 $500,000+ 94 $250,000+ 394 $350,000+ SALES 52 $1m+ MAR per cent to $387,750, however sales activity was up more <$250,000 $250,000+ $350,000+ $500,000+ MAR 12 DEC 11 116 77 329 155 226 5163 14 0 MAR DEC than 20 per cent compared to the previous quarter. MAR 12 49 82 40 8 MAR DEC 11 SEP 11 78 76 130399 75 264 16 0 53 DEC SEP The inner-city suburb of West End recorded positive unit DEC 11 31 66 20 9 DEC SEP 11 101 346159 54 19 2 SEP price growth over the quarter with its median price up 6.7 JUN 11 SEP 11 68 52 51 243 22 12 56 JUN SEP per cent to $587,000. JUN 11 81 155 61 23 JUN MAR 11 JUN 11 25 28 371 32 25 8 350 36 MAR JUN Another solid performer was also in the inner-city with MAR 11 71 143 58 14 3 MAR MAR 11 21 28 8 6 MAR Spring Hill’s median unit price increasing 6.4 per cent to INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL $372,500. SUNSHINE COAST HOUSE SALES GOLD COAST UNIT SALES VACANT LAND MARKET BRISBANE$250,000+ $350,000+ $500,000+ $1m+ <$250,000 <$350,000 SURROUNDS' LAND SALES $350,000+ $500,000+ $1m+ RENTAL MARKET <$250,000 $250,000+ $350,000+ $500,000+ Over the quarter, the Brisbane vacant land market MAR 12 108 MAR 12 136 288 326 238 165 131 24 36 MAR MAR MAR 12 304 72 8 2 MAR recorded a significant increase in sales activity, with a In Brisbane, the vacancy rate has reduced to 1.7 per cent, DEC 11 81 345 242 258 DEC 11 105 188 132 11925 45 DEC 11 DEC DEC number of land releases in some of the city’s outer-lying from 2.3 per cent in December last year. Brisbane’s inner- 56 14 3 DEC suburbs. city SEP 11 98 a vacancy 325 of 1.4 23149168 6 down from recorded SEP 11 140 SEP 11 278 349 rate per cent, 146 14 22 34 SEP SEP SEP 1.9 per cent in December. The highest increases in activity were recorded in the JUN 11 JUN 11 JUN 11 313 61 131 312259 167 270 40 18 174 24 4 38 JUN JUN suburbs of Wakerley, Fitzgibbon and Upper Kedron. Some Across11 216the capital city, the majority of agents report MAR 82 47 267 9 5 20 134 vacant listings 307 269one to two154 MAR 11 55 MAR 11 33 MAR MAR upper-end sales in Bulimba, Bridgeman Downs and taking weeks to let, with Doolandella also contributed to the overall increase in between twoLOGAN,five applicants per listing. Includes REDLAND, to IPSWICH & MORETON BAY REGIONAL Brisbane’s median over the quarter. Agents from REIQ accredited agencies in inner Brisbane GOLD COAST LAND SALES The most prevalent trend for the Brisbane land market is report supply levels remaining limited asSALES stay put, SUNSHINE COAST UNIT tenants <$250,000 $250,000+ $350,000+ $500,000+ $500,000+$1m+ that sales volumes have more than doubled compared to students are settled $250,000+ and potential first home <$250,000 for the year, $350,000+ the March quarter last year, and are back to levels seen buyers 12 60 for131wait-and-see 25 MAR still 70 MAR 12 opt a approach. 6211 85 13 11 MAR MA prior to the floods. For middle 47 outer Brisbane suburbs, stable rents have DEC 11 to 39 44 12 15 DEC DEC 11 119 78 42 10 DE ensured vacancies are re-let relatively quickly while also SEP 11 42 62 15 10 SEP encouraging current tenants to stay put. SEP 11 55 131 102 52 11 SE JUN 11 43 18 11 7 JUN Investor activity 114 JUN 11 41 across Brisbane remains63 96 subdued, with 14 JU some inner17 agents reporting a decline in investor MAR 11 city 20 3 15 MAR MAR 11 62 118 97 64 22 MA interest. Please see page 41 for legend and further notes March Quarter 2012
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    6 BRISBANE CITY MEDIAN SALES DATA MEDIAN SALES DATA Suburb/ Number of Mar change 12 mths to change change Suburb/ Number of Mar change 12 mths to change change Locality Sales Mar Qtr over the end of over over Locality Sales Mar Qtr over the end of over over Qtr 2012 2012 qtr Mar 2012 1yr 5yrs Qtr 2012 2012 qtr Mar 2012 1yr 5yrs HOUSES HOUSES continued BRISBANE CITY (LGA) 1,910 $505,000 1.2% $510,000 -4.7% 29.1% GAYTHORNE 8 N/A N/A $525,000 N/A 29.8% BRISBANE CITY (LGA) ^ ~ 42 $832,500 -11.2% $958,812 -11.0% 12.8% GEEBUNG ~ 11 $410,000 2.5% $402,629 -11.5% 22.0% ACACIA RIDGE 18 $305,000 -1.6% $313,500 -3.5% 20.1% GORDON PARK 5 N/A N/A $607,000 4.2% 34.1% ALDERLEY ~ 12 $636,000 24.7% $585,000 -9.9% 27.2% GRACEVILLE 14 $505,000 N/A $655,000 -7.1% 27.8% ALGESTER 17 $397,500 -0.6% $397,000 -4.6% 22.2% GRANGE 7 N/A N/A $680,000 4.6% 28.3% ANNERLEY 15 $535,000 -3.2% $535,000 -10.1% 22.4% GREENSLOPES ~ 12 $550,000 -13.9% $565,000 -0.4% 22.8% ASCOT ~ 11 $628,000 -30.2% $920,000 -23.3% -8.2% HAMILTON ~ 4 N/A N/A $880,000 -13.1% -19.1% ASHGROVE ~ 22 $690,800 12.8% $671,000 -2.8% 25.2% HAWTHORNE ~ 15 $735,000 -17.6% $826,250 7.0% 23.6% ASPLEY 20 $470,000 -5.1% $475,000 2.2% 28.2% HEMMANT ~ 6 N/A N/A $378,500 -11.5% 16.5% AUCHENFLOWER 7 N/A N/A $818,750 6.5% 36.0% HENDRA ~ 9 N/A N/A $778,750 -2.7% 33.1% BALD HILLS 18 $372,500 4.9% $356,000 -8.7% 26.2% HOLLAND PARK ~ 25 $499,999 9.3% $500,000 -5.8% 27.2% BALMORAL ~ 11 $639,000 -14.9% $720,750 -9.7% 24.3% HOLLAND PARK WEST ~ 12 $544,500 N/A $520,000 -10.3% 40.5% BANYO 14 $379,500 -2.3% $408,500 -4.1% 20.7% INALA 20 $271,500 -3.0% $280,000 -3.4% 33.2% BARDON 24 $775,000 4.0% $737,900 -1.3% 33.6% INDOOROOPILLY 13 $700,000 4.5% $742,000 5.4% 29.0% BELLBOWRIE 5 N/A N/A $465,000 -2.1% 25.0% JAMBOREE HEIGHTS 5 N/A N/A $405,000 -2.5% 24.6% BELMONT ~ 6 N/A N/A $540,000 -14.3% 23.4% JINDALEE 14 $472,500 -1.5% $474,000 -8.1% 28.1% BOONDALL 20 $406,000 3.2% $403,000 -4.0% 25.0% KARANA DOWNS ^ 0 N/A N/A $447,500 N/A 44.4% BRACKEN RIDGE ~ 38 $433,500 15.6% $399,000 -3.9% 22.0% KEDRON 16 $507,500 5.8% $525,000 -3.9% 38.2% BRIDGEMAN DOWNS 14 $610,500 4.4% $675,000 -1.6% 22.9% KELVIN GROVE 6 N/A N/A $591,500 -9.0% 19.5% BRIGHTON 28 $377,000 -0.4% $395,000 -0.8% 29.5% KENMORE ~ 23 $570,100 25.3% $516,250 -5.3% 21.8% BULIMBA ~ 23 $800,000 N/A $795,500 -13.1% 6.1% KENMORE HILLS 6 N/A N/A $660,000 N/A 13.8% CALAMVALE 29 $475,000 -2.1% $485,000 -3.2% 23.6% KEPERRA 17 $405,000 3.8% $417,582 -4.1% 31.7% CAMP HILL 38 $583,750 -4.7% $600,000 -6.7% 30.4% KURABY ~ 14 $548,125 10.7% $545,000 1.1% 26.5% CANNON HILL 12 $565,000 N/A $585,000 2.6% 36.0% LOTA ~ 2 N/A N/A $502,500 7.1% 26.9% CARINA 15 $485,000 7.8% $480,000 -6.8% 32.2% MACGREGOR 8 N/A N/A $538,000 0.6% 31.2% CARINA HEIGHTS 8 N/A N/A $485,000 -4.7% 23.7% MANLY ~ 7 N/A N/A $555,000 -15.3% 7.8% CARINDALE 28 $570,750 0.3% $650,000 -6.5% 24.0% MANLY WEST 22 $447,000 -2.8% $468,000 -7.5% 23.2% CARSELDINE ~ 22 $470,000 -6.7% $495,000 -0.5% 22.2% MANSFIELD 22 $442,500 -2.7% $458,000 -9.8% 19.4% CHAPEL HILL 17 $605,300 -2.4% $610,000 -6.2% 13.0% MCDOWALL 7 N/A N/A $542,000 -6.6% 25.3% CHELMER ~ 3 N/A N/A $603,250 -31.5% -10.0% MIDDLE PARK 11 $460,000 7.3% $498,000 -5.9% 29.4% CHERMSIDE 12 $439,000 N/A $460,000 0.5% 29.6% MITCHELTON 21 $460,000 -6.8% $485,000 -8.2% 26.5% CHERMSIDE WEST 14 $432,500 0.1% $445,000 -6.3% 25.4% MOGGILL 7 N/A N/A $464,500 -3.4% 17.6% CLAYFIELD ~ 12 $880,500 -7.3% $875,000 -6.4% 27.3% MOOROOKA 20 $482,500 4.7% $460,500 -7.7% 27.9% COOPERS PLAINS 7 N/A N/A $410,000 -6.8% 28.1% MORNINGSIDE 17 $600,000 5.3% $560,000 -8.0% 21.7% COORPAROO ~ 22 $622,500 -13.5% $617,500 -6.9% 28.6% MOUNT GRAVATT 3 N/A N/A $480,000 -1.0% 26.3% CORINDA ~ 4 N/A N/A $600,000 1.7% 45.3% MOUNT GRAVATT EAST 30 $439,000 -3.6% $460,000 -3.2% 28.5% DARRA 5 N/A N/A $367,500 3.5% 46.4% MURARRIE 11 $537,000 N/A $471,250 -4.8% 17.8% DEAGON ~ 8 N/A N/A $340,250 -19.2% 23.7% NEW FARM 8 N/A N/A $1,160,000 -2.1% 31.8% DOOLANDELLA * ~ 3 N/A N/A $363,250 -17.4% 31.9% NEWMARKET 12 $615,000 N/A $647,750 -9.4% 28.1% DREWVALE 18 $480,500 N/A $455,000 -6.6% 21.7% NORMAN PARK 12 $620,000 -4.6% $640,000 -8.4% 32.6% DURACK ~ 4 N/A N/A $325,000 -16.5% 26.6% NORTHGATE 12 $430,000 -0.3% $437,500 -8.9% 16.7% EAST BRISBANE 6 N/A N/A $623,000 -5.3% 18.8% NUDGEE 10 $462,000 N/A $495,000 1.6% 59.7% EIGHT MILE PLAINS 19 $560,000 -4.4% $577,000 -3.8% 37.4% NUNDAH ~ 11 $580,000 33.7% $527,000 -8.7% 24.0% ENOGGERA 9 N/A N/A $542,500 -6.9% 21.6% OXLEY 10 $400,000 -5.2% $425,000 -5.6% 21.4% EVERTON PARK 20 $438,000 -3.7% $460,000 -8.9% 29.2% PADDINGTON 20 $743,500 8.5% $757,000 -4.2% 36.8% FERNY GROVE 8 N/A N/A $505,000 2.0% 33.8% PARKINSON 32 $501,500 1.6% $493,000 -6.5% 28.7% FIG TREE POCKET 10 $692,500 N/A $730,000 -7.3% 23.7% PULLENVALE ^ 4 N/A N/A $1,040,000 -6.5% 25.7% FITZGIBBON 8 N/A N/A $389,000 -6.5% 10.4% RED HILL 9 N/A N/A $685,000 3.0% 31.7% FOREST LAKE 60 $365,000 0.4% $376,000 -5.3% 19.4% RIVERHILLS 9 N/A N/A $405,300 -9.2% 25.5% Please see page 41 for legend and further notes March Quarter 2012
  • 7.
    7 BRISBANE CITY MEDIAN SALESDATA MEDIAN SALES DATA Suburb/ Number of Mar change 12 mths to change change Suburb/ Number of Mar change 12 mths to change change Locality Sales Mar Qtr over the end of over over Locality Sales Mar Qtr over the end of over over Qtr 2012 2012 qtr Mar 2012 1yr 5yrs Qtr 2012 2012 qtr Mar 2012 1yr 5yrs HOUSES continued UNITS & TOWNHOUSES continued ROBERTSON 7 N/A N/A $640,000 -5.9% 12.7% BULIMBA 16 $537,500 N/A $525,000 -4.5% 22.8% ROCKLEA ~ 6 N/A N/A $270,000 -23.4% -1.8% CALAMVALE 9 N/A N/A $370,000 3.5% 21.3% RUNCORN 17 $410,000 -0.4% $422,500 -1.7% 34.1% CAMP HILL 10 $382,500 N/A N/A N/A N/A SALISBURY 13 $430,000 N/A $415,000 -7.8% 23.1% CARINA * 23 $459,000 10.6% $420,000 -2.3% 15.1% SANDGATE 7 N/A N/A $523,250 -0.8% 36.8% CARINA HEIGHTS * t 20 $451,000 N/A $442,500 7.1% 22.6% SEVEN HILLS 6 N/A N/A $592,000 1.2% 27.1% CARINDALE * t 9 N/A N/A $429,500 -16.9% 24.1% SEVENTEEN MILE ROCKS 8 N/A N/A $600,000 4.3% 23.7% CARSELDINE * t 4 N/A N/A $387,500 N/A 44.6% SHERWOOD 8 N/A N/A $710,000 -1.1% 29.1% CHERMSIDE * 26 $347,500 -12.0% $408,500 -5.3% 18.9% SINNAMON PARK ~ 17 $607,000 13.7% $580,000 -7.2% 27.5% CLAYFIELD * t 36 $368,500 0.6% $367,000 2.8% 33.5% ST LUCIA ~ 3 N/A N/A $943,000 -13.9% 30.5% COORPAROO 33 $358,000 -4.8% $362,000 -3.5% 29.3% STAFFORD ~ 22 $435,000 N/A $435,000 -12.0% 24.3% DOOLANDELLA * t 4 N/A N/A $346,000 2.5% N/A STAFFORD HEIGHTS 13 $425,000 -1.2% $432,000 -7.4% 17.1% EAST BRISBANE 6 N/A N/A $416,000 -8.1% 37.5% STRETTON ~ 7 N/A N/A $675,000 9.1% 45.6% EIGHT MILE PLAINS 9 N/A N/A $357,000 -8.0% 36.3% SUNNYBANK 20 $503,500 7.4% $500,000 -6.6% 27.2% ENOGGERA * t 6 N/A N/A $400,000 0.4% 21.2% SUNNYBANK HILLS ~ 19 $418,000 -13.8% $480,000 -1.0% 30.4% EVERTON PARK ~ * 13 $440,000 19.2% $367,000 -10.5% 28.1% TAIGUM 4 N/A N/A $403,750 -9.1% 14.4% FITZGIBBON * t 7 $387,500 N/A $358,200 N/A N/A TARINGA ~ 8 N/A N/A $670,000 -10.1% 9.8% FORTITUDE VALLEY 27 $405,000 -3.6% $399,000 0.3% 17.4% TARRAGINDI 22 $519,838 0.0% $545,000 -5.4% 30.4% GAYTHORNE * 7 N/A N/A $405,250 12.6% 39.1% THE GAP 40 $511,250 -3.6% $535,500 -2.9% 28.3% GORDON PARK * 6 N/A N/A $385,000 8.5% 33.6% TINGALPA 25 $410,000 -3.0% $416,000 -3.3% 19.9% GREENSLOPES 15 $320,000 N/A $339,000 -7.8% 30.4% TOOWONG 9 N/A N/A $660,000 -4.5% 27.5% HAMILTON * f 10 $405,000 -2.4% $428,750 -12.5% 9.9% UPPER KEDRON 4 N/A N/A $532,250 -1.4% 23.8% HAWTHORNE 7 N/A N/A $441,000 3.7% 27.5% UPPER MOUNT GRAVATT 18 $449,750 -4.6% $475,000 0.7% 40.1% HIGHGATE HILL ~ 6 N/A N/A $420,000 -9.7% 8.8% VIRGINIA 4 N/A N/A $449,500 3.0% 36.2% HOLLAND PARK WEST 5 N/A N/A $385,000 6.6% 32.8% WAKERLEY 26 $622,500 8.3% $625,500 1.7% 42.3% INDOOROOPILLY ~ 14 $410,000 -15.8% $450,000 -0.7% 28.6% WAVELL HEIGHTS 26 $500,000 4.7% $513,500 -6.0% 35.3% KANGAROO POINT ~ f 29 $393,500 -26.4% $435,000 -15.9% 3.6% WEST END ~ 9 N/A N/A $703,000 -11.3% 27.8% KEDRON 8 N/A N/A $358,750 3.4% 35.4% WESTLAKE 9 N/A N/A $604,000 -4.1% 29.5% KELVIN GROVE * 17 $400,000 -17.9% $455,000 9.6% 30.0% WILSTON ~ 7 N/A N/A $718,250 -16.1% 18.1% MANLY WEST * t 11 $430,000 N/A $370,000 N/A 39.6% WINDSOR ~ 10 $614,500 14.1% $615,000 -10.2% 30.2% MOOROOKA * t 14 $357,000 N/A $385,000 -8.3% 52.5% WISHART ~ 20 $509,500 -11.1% $548,000 4.7% 38.7% MORNINGSIDE 25 $415,000 -3.5% $429,000 -6.1% 20.8% WOOLLOONGABBA ~ 7 N/A N/A $563,500 -15.8% 18.6% MOUNT GRAVATT EAST 13 $385,000 N/A $400,000 4.8% 37.9% WOOLOOWIN ~ 8 N/A N/A $666,000 -11.1% 26.3% NEW FARM 28 $477,500 6.1% $499,000 -5.8% 27.9% WYNNUM 28 $450,000 7.1% $475,000 -8.7% 20.3% NEWMARKET * 6 N/A N/A $370,000 N/A 13.8% WYNNUM WEST ~ 26 $408,500 11.9% $410,000 -6.7% 19.9% NEWSTEAD ~ * f 18 $475,750 -10.0% $530,000 2.1% 17.9% YERONGA ~ 6 N/A N/A $560,000 -16.8% 8.7% NORTHGATE 9 N/A N/A $382,500 7.7% 42.2% ZILLMERE 6 N/A N/A $366,000 -4.9% 26.4% NUNDAH ~ * 31 $339,000 -7.1% $350,000 -8.4% 14.8% PADDINGTON 15 $441,000 3.8% $448,000 1.8% 29.9% UNITS & TOWNHOUSES RED HILL 6 N/A N/A $437,250 N/A 36.0% BRISBANE CITY (LGA) 1,180 $387,750 -3.1% $395,000 -3.7% 20.4% RICHLANDS * t 15 $335,000 -4.6% $336,450 -3.7% N/A ALDERLEY 7 N/A N/A $382,000 -4.5% 7.6% RUNCORN 9 N/A N/A $310,000 -6.1% 34.2% ANNERLEY * t 23 $405,000 -5.3% $392,000 3.3% 44.1% SALISBURY * t 1 N/A N/A $389,000 N/A 20.6% ASCOT 15 $376,000 N/A $397,750 -2.9% 31.3% SHERWOOD * 13 $419,000 N/A $419,000 2.4% 40.6% ASHGROVE * t 10 $355,000 -12.3% $402,500 0.6% 15.5% SOUTH BRISBANE ~ 15 $428,000 -9.4% $462,500 4.6% 20.1% ASPLEY ~ 7 N/A N/A $335,000 -8.8% 16.4% SPRING HILL 32 $372,500 6.4% $379,500 -3.4% 27.7% AUCHENFLOWER ~ 19 $360,000 N/A $390,000 -10.3% 20.0% ST LUCIA ~ * 19 $440,000 10.1% $485,000 10.5% 33.8% BALMORAL 5 N/A N/A $462,000 N/A 27.2% STAFFORD * t 17 $389,080 8.8% $389,080 -2.2% 46.8% BOWEN HILLS * 9 $410,000 -0.5% $405,000 -3.6% 11.0% SUNNYBANK * t 3 N/A N/A $385,000 N/A 39.5% BRISBANE CITY * 82 $388,000 -12.8% $442,750 -5.6% 2.3% SUNNYBANK HILLS t 6 N/A N/A $357,500 -3.4% 45.9% Please see page 41 for legend and further notes March Quarter 2012
  • 8.
    8 BRISBANE CITY MEDIAN SALES DATA MEDIAN WEEKLY RENTS Suburb/ Number of Mar change 12 mths to change change Example Mar Qtr 2012 Mar Qtr 2011 Postcode Locality Sales Mar Qtr over the end of over over Suburb Rent New Rent New Qtr 2012 2012 qtr Mar 2012 1yr 5yrs ($) Bonds ($) Bonds UNITS & TOWNHOUSES continued 3 BEDROOM HOUSES continued TAIGUM t 9 N/A N/A $312,500 -11.1% 22.1% 4010 ALBION $420 8 $430 10 TARINGA * 48 $491,000 25.9% $475,000 15.9% 50.7% 4011 CLAYFIELD $520 45 $460 58 TENERIFFE ~ f 20 $535,000 5.9% $515,000 -9.6% N/A 4012 NUNDAH $395 70 $380 58 THE GAP * t 3 N/A N/A $460,000 0.0% 55.9% 4030 LUTWYCHE $450 70 $430 57 TOOWONG 21 $403,000 -6.7% $420,000 0.5% 23.7% 4031 GORDON PARK $405 46 $420 61 UPPER MOUNT GRAVATT 6 N/A N/A $415,000 6.1% 17.2% 4051 ALDERLEY $450 98 $400 105 WAKERLEY ~ 6 N/A N/A $400,000 -9.1% 19.4% NORTH - OUTER $375 398 $365 400 WEST END * f 26 $587,000 6.7% $560,000 5.7% 27.6% 4013 NORTHGATE $395 19 $380 16 WINDSOR ~ 7 N/A N/A $349,000 -9.4% 28.7% 4014 VIRGINIA $375 45 $375 34 WOOLLOONGABBA * 11 $480,000 N/A $470,000 11.9% 44.5% 4017 BRACKEN RIDGE $370 114 $360 123 WYNNUM 6 N/A N/A $372,500 -2.0% 20.2% 4018 FITZGIBBON $380 22 $365 22 YEERONGPILLY g 10 $393,750 N/A $401,000 N/A 18.3% 4032 CHERMSIDE $375 53 $375 61 YERONGA 6 N/A N/A $399,000 -4.8% 12.4% 4034 ASPLEY $380 126 $360 117 ZILLMERE 4 N/A N/A $373,500 1.1% 44.3% 4036 HILLS BALD $360 19 $340 27 NORTH WEST - INNER $490 147 $470 168 VACANT URBAN LAND 4059 KELVIN GROVE $505 64 $480 83 BRISBANE CITY (LGA) * ~ 179 $300,000 7.3% $278,000 -7.3% 16.3% 4060 ASHGROVE $450 44 $435 49 BRISBANE CITY (LGA) ^ ~ 13 N/A N/A $655,000 -6.4% -18.6% 4065 BARDON $480 39 $530 36 BRIDGEMAN DOWNS * 8 $347,500 8.0% $336,500 N/A 16.6% NORTH WEST - OUTER $395 276 $390 265 BULIMBA * 5 $485,000 N/A N/A N/A N/A 4053 STAFFORD $395 158 $390 169 DOOLANDELLA ~ * 11 $224,500 12.3% $230,000 -2.1% 39.4% 4054 ARANA HILLS $380 75 $380 51 DREWVALE * 6 $252,500 0.2% $256,000 N/A 38.4% 4061 GAP THE $430 43 $400 45 DURACK * 6 $232,250 1.0% $229,000 8.0% N/A SOUTH - INNER $400 415 $390 449 FITZGIBBON ~ * G 21 $192,000 -12.6% $186,950 -16.3% 9.5% 4103 ANNERLEY $440 64 $420 51 MOGGILL * 7 $242,000 N/A $255,000 -2.9% 34.2% 4104 YERONGA $450 23 $440 26 RIVERHILLS * 2 N/A N/A $262,000 N/A N/A 4105 MOOROOKA $380 62 $390 62 UPPER KEDRON 7 $305,000 N/A N/A N/A N/A 4120 GREENSLOPES $440 31 $445 43 WAKERLEY * 16 $318,000 6.0% $317,000 -6.8% 22.4% 4121 HOLLAND PARK $420 100 $395 101 4122 MANSFIELD $380 135 $375 162 MEDIAN WEEKLY RENTS SOUTH - OUTER $365 302 $360 322 Example Mar Qtr 2012 Mar Qtr 2011 Postcode 4106 ROCKLEA $340 12 $335 8 Suburb Rent New Rent New ($) Bonds ($) Bonds 4107 SALISBURY $350 26 $355 34 4108 COOPERS PLAINS $380 21 $360 26 3 BEDROOM HOUSES BRISBANE CITY $400 3395 $390 3396 4109 MACGREGOR $380 111 $360 107 BAYSIDE $390 149 $380 146 4110 ACACIA RIDGE $340 45 $335 44 4178 WYNNUM $390 92 $375 97 4113 EIGHT MILE PLAINS $365 49 $360 64 4179 MANLY $380 57 $380 49 4115 ALGESTER $380 21 $365 13 CITY INNER $505 372 $480 358 4116 CALAMVALE $410 15 $385 20 4000 BRISBANE CITY $520 26 $510 26 SOUTH EAST - INNER $440 364 $420 332 4005 FARM NEW $600 20 $540 23 4151 COORPAROO $475 55 $440 37 4006 BOWEN HILLS $520 15 $500 19 4152 CAMP HILL $420 136 $395 113 4064 PADDINGTON $515 98 $495 73 4170 CANNON HILL $440 103 $425 99 4066 TOOWONG $480 63 $460 73 4171 BALMORAL $470 54 $475 62 4067 LUCIA ST $450 39 $480 43 4172 MURARRIE $400 16 $375 21 4101 WEST END $540 36 $495 32 SOUTH EAST - OUTER $390 44 $395 50 4102 WOOLOONGABBA $500 33 $470 32 4154 GUMDALE $450 7 $460 10 4169 BRISBANE EAST $475 42 $500 37 4173 TINGALPA $385 28 $390 29 NORTH - INNER $430 363 $420 375 4174 HEMANT $385 5 n.a. 4 4007 ASCOT $480 23 $560 23 Please see page 41 for legend and further notes March Quarter 2012
  • 9.
    9 BRISBANE CITY MEDIAN WEEKLYRENTS MEDIAN WEEKLY RENTS Example Mar Qtr 2012 Mar Qtr 2011 Example Mar Qtr 2012 Mar Qtr 2011 Postcode Postcode Suburb Rent New Rent New Suburb Rent New Rent New ($) Bonds ($) Bonds ($) Bonds ($) Bonds 3 BEDROOM HOUSES continued 2 BEDROOM UNITS continued SOUTH WEST - INNER $430 174 $420 138 4103 ANNERLEY $340 136 $330 116 4068 CHELMER $475 89 $450 72 4104 YERONGA $350 30 $330 42 4075 CORINDA $390 85 $380 66 4105 MOOROOKA $345 69 $340 72 SOUTH WEST - OUTER $350 391 $350 393 4120 GREENSLOPES $340 96 $330 92 4069 BROOKFIELD $440 44 $440 65 4121 HOLLAND PARK $340 44 $340 38 4070 ANSTEAD $365 13 $340 12 4122 MANSFIELD $385 88 $370 105 4073 SEVENTEEN MILE ROCKS $395 19 $380 14 SOUTH - OUTER $325 60 $335 65 4074 JINDALEE $380 80 $370 70 4106 ROCKLEA $307 6 n.a. 4 4076 DARRA $320 37 $300 34 4107 SALISBURY $292 12 n.a. 4 4077 DOOLANDELLA $305 71 $300 81 4108 COOPERS PLAINS $300 6 n.a. 1 4078 FOREST LAKE $345 127 $345 117 4109 MACGREGOR $390 28 $385 41 4115 ALGESTER $285 5 $295 11 2 BEDROOM UNITS SOUTH EAST - INNER $360 473 $350 409 BRISBANE CITY $390 5095 $375 5090 4151 COORPAROO $350 171 $340 173 BAYSIDE $320 45 $300 57 4152 CAMP HILL $360 64 $360 42 4178 WYNNUM $320 27 $300 43 4170 CANNON HILL $375 119 $350 89 4179 MANLY $300 18 $300 14 4171 BALMORAL $410 118 $370 105 CITY INNER $455 2133 $450 2175 SOUTH EAST - OUTER $360 11 $325 9 4000 BRISBANE CITY $580 300 $540 390 4173 TINGALPA $360 11 $325 8 4005 NEW FARM $475 308 $475 270 SOUTH WEST - INNER $375 394 $360 445 4006 BOWEN HILLS $480 272 $460 249 4068 CHELMER $380 342 $360 401 4064 PADDINGTON $380 75 $375 80 4075 CORINDA $320 52 $320 44 4066 TOOWONG $390 327 $390 345 SOUTH WEST - OUTER $320 19 $320 15 4067 LUCIA ST $400 260 $400 268 4078 FOREST LAKE $340 8 $335 13 4101 WEST END $500 311 $500 313 4102 WOOLOONGABBA $480 64 $400 55 3 BEDROOM TOWNHOUSES BRISBANE CITY $405 1741 $399 1675 4169 EAST BRISBANE $420 216 $420 204 BAYSIDE $385 88 $375 75 NORTH - INNER $355 914 $340 879 4178 WYNNUM $380 46 $370 43 4007 ASCOT $420 183 $360 119 4179 MANLY $400 42 $395 32 4010 ALBION $360 26 $350 17 CITY INNER $575 110 $565 88 4011 CLAYFIELD $350 163 $330 164 4000 BRISBANE CITY $590 5 $750 6 4012 NUNDAH $360 195 $345 210 4006 BOWEN HILLS $625 8 $535 9 4030 LUTWYCHE $330 128 $320 118 4064 PADDINGTON $590 19 $630 14 4031 GORDON PARK $325 66 $320 97 4066 TOOWONG $500 24 $510 21 4051 ALDERLEY $350 153 $340 154 4067 LUCIA ST $575 35 $560 14 NORTH - OUTER $345 282 $330 316 4101 WEST END $670 14 $630 15 4013 NORTHGATE $300 30 $285 28 NORTH - INNER $450 131 $450 132 4014 VIRGINIA $370 10 $350 14 4007 ASCOT $550 8 $500 10 4017 BRACKEN RIDGE $280 19 $270 19 4011 CLAYFIELD $550 14 $500 14 4018 FITZGIBBON $340 8 $240 29 4012 NUNDAH $420 29 $430 28 4032 CHERMSIDE $380 129 $380 152 4030 LUTWYCHE $460 18 $450 11 4034 ASPLEY $350 84 $330 74 4031 GORDON PARK $445 29 $430 21 NORTH WEST - INNER $410 221 $380 170 4051 ALDERLEY $450 32 $450 48 4059 KELVIN GROVE $460 161 $385 123 4060 ASHGROVE $350 50 $360 36 4065 BARDON $310 10 $290 11 NB Median rents are collated by POSTCODE and are NORTH WEST - OUTER $360 76 $330 79 based upon new bonds lodged for the quarter. The suburb 4053 STAFFORD $370 73 $330 75 listed is an example of one of the suburbs found within SOUTH - INNER $350 467 $340 471 that postcode. Please see page 41 for legend and further notes March Quarter 2012
  • 10.
    10 BRISBANE CITY MEDIAN WEEKLY RENTS MEDIAN WEEKLY RENTS Example Mar Qtr 2012 Mar Qtr 2011 Example Mar Qtr 2012 Mar Qtr 2011 Postcode Postcode Suburb Rent New Rent New Suburb Rent New Rent New ($) Bonds ($) Bonds ($) Bonds ($) Bonds 3 BEDROOM TOWNHOUSES continued 3 BEDROOM TOWNHOUSES continued NORTH - OUTER $375 196 $370 185 4112 KURABY $360 34 $360 35 4013 NORTHGATE $440 17 $390 14 4113 EIGHT MILE PLAINS $390 167 $390 180 4017 BRACKEN RIDGE $360 60 $355 45 4115 ALGESTER $360 44 $350 49 4018 FITZGIBBON $370 35 $360 28 4116 CALAMVALE $375 61 $365 72 4032 CHERMSIDE $440 30 $435 43 SOUTH EAST - INNER $450 242 $440 202 4034 ASPLEY $375 54 $370 55 4151 COORPAROO $480 13 $465 17 NORTH WEST - INNER $500 24 $505 25 4152 CAMP HILL $435 116 $415 100 4059 KELVIN GROVE $480 13 $520 12 4170 CANNON HILL $470 71 $440 47 4060 ASHGROVE $455 7 $450 8 4171 BALMORAL $530 29 $530 29 NORTH WEST - OUTER $405 75 $410 66 4172 MURARRIE $480 13 $465 9 4053 STAFFORD $405 56 $410 54 SOUTH EAST - OUTER $400 50 $405 93 4054 ARANA HILLS $350 8 $360 5 4153 BELMONT $420 5 $415 18 4061 THE GAP $440 11 $430 7 4154 GUMDALE $400 34 $415 53 SOUTH - INNER $430 169 $410 170 4173 TINGALPA $375 11 $370 22 4103 ANNERLEY $480 28 $450 39 SOUTH WEST - INNER $470 97 $475 81 4104 YERONGA $430 11 $425 9 4068 CHELMER $525 46 $530 43 4105 MOOROOKA $440 28 $430 33 4075 CORINDA $400 51 $380 38 4120 GREENSLOPES $500 21 $500 9 SOUTH WEST - OUTER $350 158 $340 127 4121 HOLLAND PARK $460 15 $405 16 4069 BROOKFIELD $425 5 n.a. 1 4122 MANSFIELD $405 65 $395 63 4073 SEVENTEEN MILE ROCKS $410 17 $395 22 SOUTH - OUTER $380 401 $375 431 4074 JINDALEE $480 27 $435 16 4107 SALISBURY $470 11 $470 9 4076 DARRA $330 5 n.a. 1 4109 MACGREGOR $410 73 $385 84 4077 DOOLANDELLA $345 82 $330 47 4110 ACACIA RIDGE $340 8 n.a. 2 4078 FOREST LAKE $340 22 $330 38 GREATER BRISBANE HOUSE AND UNIT MARKET In Brisbane’s surrounding council areas, there was an Logan City’s median house price decreased 1.8 per cent increase in sales in the under $350,000 price range as to $335,000. One of the suburbs to record price growth well as in the $500,000 to $1 million bracket over the was Hillcrest with an increase of 9.8 per cent to $365,000. March quarter. Sales activity was also up 5 per cent Developed mostly in the early 1980’s, the majority of compared to the December quarter. properties are three-bedroom brick-and-tile homes favoured by families. First home buyers have also moved Ipswich’s median house price was flat at $300,000 over into the area to snap up affordable homes. the quarter. A number of Ipswich suburbs performed well however two solid performers were Springfield Moreton Bay’s median house price decreased 2.4 per Lakes, with median house price growth of 6.4 per cent to cent to $360,000 partly due to the increase in sales of $388,500 and North Ipswich, which posted a median price more affordable properties. increase of 6.7 per cent to $270,000. The varying types of properties sold over the March Redland City’s median decreased 0.9 per cent to quarter was behind decreases in the median unit and $420,000. A steady performer was Redland Bay which townhouse prices across most of Greater Brisbane. recorded price growth of 4.2 per cent to $448,000. One In Logan and Redland, the large drop in median was of the last coastal areas of Redland Shire to undergo largely due to a shift towards affordable stock. Woodridge development, Redland Bay has become increasing in Logan saw an increase in sales – particularly for the popular over recent years due to its village atmosphere sub-$250,000 bracket. In Redland, unit sales in Cleveland and location right on Moreton Bay. were down, while more affordable sales in Capalaba were up. Please see page 41 for legend and further notes March Quarter 2012
  • 11.
    11 GREATER BRISBANE MEDIAN SALES DATA Logan recorded the largest increase in sales activity for Suburb/ Number of Mar change 12 mths to change change the southeast with preliminary sales numbers nearly Locality Sales Mar Qtr over the end of over over doubling that recorded over the previous quarter. Qtr 2012 2012 qtr Mar 2012 1yr 5yrs HOUSES BRISBANE (SD) 3,652 $425,000 0.0% $430,000 -5.5% 25.7% VACANT LAND MARKET BRISBANE (SD) ^ 298 $519,500 -0.1% $550,000 -5.2% 17.0% Sales volumes across the Brisbane surrounds as a whole, remained steady over the quarter, however there IPSWICH CITY (LGA) 302 $300,000 0.0% $305,000 -4.4% 23.0% were mixed results for each of the council areas. Logan IPSWICH CITY (LGA) ^ ~ 35 $435,000 9.0% $440,000 -13.2% 17.3% and Redland City recorded an increase in activity, while AUGUSTINE HEIGHTS * ~ 7 $470,000 4.4% $445,000 -18.3% N/A Moreton Bay and Ipswich saw a decline. BELLBIRD PARK 7 $265,000 N/A $295,000 -5.6% 18.7% Activity was strongest on the bay islands, which resulted BRASSALL ~ 26 $329,050 11.0% $318,000 -5.1% 15.5% in a shift in the Redland’s overall median land price. Over BUNDAMBA 11 $253,000 -1.6% $265,000 -9.1% 23.3% the year ending March however, mainland sales were CAMIRA 10 $322,500 0.8% $325,000 -7.7% 16.7% strongest and with a number of prestige lots selling, the annual median was up significantly. CHUWAR ^ 5 $485,000 N/A N/A N/A N/A COLLINGWOOD PARK 17 $306,000 N/A $309,000 -4.0% 10.4% In the Moreton Bay area, Lawnton and Caboolture were EAST IPSWICH ~ 5 N/A N/A $233,500 -13.8% 8.6% the top performers with some new land estate releases, seeing Caboolture equal North Lakes as the region’s most EASTERN HEIGHTS 6 N/A N/A $278,500 1.3% 27.2% popular suburb. FLINDERS VIEW 10 $332,500 3.2% $336,250 -7.9% 29.3% GOODNA ~ 11 $288,000 5.9% $258,000 -12.5% 12.2% IPSWICH 5 N/A N/A $325,000 2.8% 21.5% RENTAL MARKET KARALEE ^ 4 N/A N/A $472,500 -8.3% 22.7% For the Greater Brisbane area, vacancy rates remain at LEICHHARDT 4 N/A N/A $225,000 -6.3% 20.2% healthy levels, however slightly tighter conditions were NORTH IPSWICH ~ 17 $270,000 6.7% $253,000 -12.7% 7.7% recorded for the Logan and Redland City council areas. RACEVIEW 18 $285,000 -0.3% $286,000 -8.3% 19.2% With a vacancy rate now at 2.3 per cent, local agents REDBANK PLAINS 27 $270,000 -4.6% $280,000 -6.7% 17.5% in the Logan area report minimal change to investor SILKSTONE 7 $250,000 N/A $263,000 -0.8% 22.3% activity which has resulted in rental stock levels slowly SPRINGFIELD ~ 12 $420,000 10.5% $370,000 -3.0% 23.3% being absorbed by current tenant demand. Rental prices are reportedly beginning to increase as a result, while SPRINGFIELD LAKES 24 $388,500 6.4% $371,000 -7.0% 9.4% vacancies in some areas are taking less than a week to YAMANTO * 16 $328,750 -3.3% $334,000 -4.6% 22.1% fill. For Redland City, rental properties located on the LOGAN CITY (LGA) 439 $335,000 -1.8% $340,000 -5.6% 23.6% mainland are becoming scarce, with the vacancy level LOGAN CITY (LGA) ^ ~ 100 $478,000 -3.4% $487,500 -5.3% 14.7% down to 1.6 per cent at the end of March. While the bay BAHRS SCRUB ^ 6 $2,113,475 N/A N/A N/A N/A islands are still in over-supply, the bulk of the Redland BEENLEIGH ~ 18 $269,500 -9.9% $280,000 -14.2% 10.2% rental market is experiencing tight conditions, with most BERRINBA 4 N/A N/A $390,000 -2.7% N/A vacancies taking one to two weeks to let. BETHANIA 7 $305,000 N/A $295,000 -2.5% 20.4% Vacancy levels remained relatively steady for Ipswich BORONIA HEIGHTS 15 $307,000 4.5% $290,000 -7.1% 18.4% City, with sufficient supply of rental properties reported. BROWNS PLAINS 9 $270,000 N/A $280,500 -9.5% 13.6% Meanwhile, Moreton Bay’s rental market eased slightly CEDAR GROVE ^ 4 N/A N/A $385,000 -1.9% 14.6% to 3 per cent, largely due to weaker conditions reported CEDAR VALE ^ 4 N/A N/A $410,000 -8.2% 18.8% for the Redcliffe area, where agents report a current CORNUBIA ~ 14 $475,000 5.6% $435,000 -11.2% 11.5% oversupply of unit rentals due to the number of new developments in recent years. Rentals in the Redcliffe CRESTMEAD ~ 17 $280,000 -3.4% $280,000 -10.3% 14.3% area are taking around two to four weeks to let. DAISY HILL 19 $402,000 4.8% $397,000 -6.6% 21.8% Direct Connect makes moving easy for your customers by arranging their utility connections and other moving solutions. We invite you to experience the difference with us today. CALL US ON 1300 664 715 or visit agents.directconnect.com.au Please see page 41 for legend and further notes March Quarter 2012
  • 12.
    12 greater brisbane MEDIAN SALES DATA MEDIAN SALES DATA Suburb/ Number of Mar change 12 mths to change change Suburb/ Number of Mar change 12 mths to change change Locality Sales Mar Qtr over the end of over over Locality Sales Mar Qtr over the end of over over Qtr 2012 2012 qtr Mar 2012 1yr 5yrs Qtr 2012 2012 qtr Mar 2012 1yr 5yrs HOUSES continued HOUSES continued EAGLEBY ~ 19 $262,000 5.4% $250,000 -11.8% 13.8% BONGAREE ~ f 12 $306,250 -5.8% $365,000 -14.1% 5.8% EDENS LANDING 15 $333,000 -9.1% $340,500 -5.4% 17.4% BRAY PARK 22 $349,500 -0.1% $350,000 -2.8% 27.3% FORESTDALE ^ 5 $680,000 N/A $650,000 -3.0% 20.4% BURPENGARY 14 $335,500 -2.8% $340,000 -8.1% 21.4% GREENBANK ^ ~ 22 $479,500 -14.0% $485,000 -4.0% 18.3% BURPENGARY ^ 11 $550,000 3.8% $530,000 -1.1% 20.5% HERITAGE PARK 11 $375,000 6.4% $379,000 -2.8% 11.5% BURPENGARY EAST ^ 6 $474,950 -0.3% $475,000 N/A N/A HILLCREST 13 $365,000 9.8% $331,000 -2.6% 28.4% CABOOLTURE 29 $264,900 -1.9% $285,000 -8.1% 19.7% JIMBOOMBA 6 N/A N/A $373,000 -4.6% 26.0% CABOOLTURE ^ 16 $421,000 -8.5% $445,000 -6.5% 7.2% JIMBOOMBA ^ 18 $426,500 0.4% $435,000 -9.4% 15.4% CABOOLTURE SOUTH ~ 7 $220,000 N/A $250,000 -13.5% 18.5% KINGSTON 13 $227,000 -7.5% $250,000 -9.8% 13.6% CASHMERE 9 $527,500 N/A $548,500 3.5% 30.6% LOGAN CENTRAL 10 $264,000 -1.7% $260,000 -5.5% 19.8% CLONTARF ~ 14 $324,000 -6.1% $330,000 -10.0% 14.2% LOGAN VILLAGE ^ 4 N/A N/A $470,000 -5.5% 11.9% DECEPTION BAY 35 $275,000 3.8% $292,000 -7.0% 16.8% LOGANHOLME ~ 17 $295,000 -16.7% $336,000 -9.2% 20.0% EATONS HILL 15 $485,000 -1.0% $519,750 1.4% 21.2% LOGANLEA ~ 4 N/A N/A $282,500 -10.6% 13.2% ELIMBAH ^ ~ 5 $450,000 -12.2% $479,500 -4.3% 14.2% MARSDEN * 20 $290,550 -0.7% $312,800 -3.8% 31.3% EVERTON HILLS 11 $445,000 4.0% $442,000 -5.9% 30.2% MEADOWBROOK 5 N/A N/A $354,000 -8.1% 14.2% FERNY HILLS 24 $431,000 2.0% $417,500 -8.8% 22.8% MOUNT WARREN PARK 8 $333,750 N/A $347,500 -5.3% 16.4% GRIFFIN ~ 7 $420,000 11.3% $399,250 -2.6% 21.0% MUNRUBEN ^ ~ 7 $455,000 -13.8% $475,000 -4.6% 14.5% HIGHVALE ^ 5 $630,000 N/A N/A N/A N/A NEW BEITH ^ 5 $488,500 N/A $520,000 -1.9% 28.9% KALLANGUR 51 $320,000 -3.0% $329,500 -5.0% 21.1% REGENTS PARK 38 $332,500 -3.2% $339,000 -8.0% 16.9% KIPPA-RING 19 $345,000 -0.6% $348,750 -0.4% 22.4% ROCHEDALE SOUTH 40 $392,000 1.2% $395,000 -3.9% 24.2% LAWNTON 8 $315,500 N/A $317,500 -8.3% 22.1% SHAILER PARK 28 $435,000 -5.4% $450,000 -5.3% 17.8% MANGO HILL 14 $446,750 5.4% $430,000 -2.8% 18.8% SLACKS CREEK 17 $250,000 -9.6% $279,500 -6.8% 13.2% MARGATE ~ 17 $345,000 -4.2% $334,500 -13.1% 11.9% SPRINGWOOD 17 $392,000 3.8% $391,125 -4.8% 15.0% MORAYFIELD 33 $298,000 -3.8% $306,750 -5.6% 15.8% TANAH MERAH 4 N/A N/A $376,500 -3.5% 14.4% MORAYFIELD ^ ~ 13 $545,000 18.2% $480,000 -12.7% 8.8% UNDERWOOD 12 $515,000 3.6% $465,000 4.5% 39.6% MURRUMBA DOWNS 22 $386,000 -3.3% $395,000 -8.1% 19.7% WATERFORD ~ 9 $418,000 15.0% $385,000 -1.0% 18.8% NARANGBA 37 $400,000 0.9% $390,500 -7.5% 13.2% WATERFORD WEST 10 $296,250 N/A $296,500 -7.3% 17.7% NARANGBA ^ 6 $598,500 N/A N/A N/A N/A WINDAROO + 10 $426,000 N/A $405,000 -8.0% 20.9% NEWPORT ~ f 11 $780,000 10.8% $732,000 -10.2% N/A WOODRIDGE 8 $240,000 -1.0% $245,000 -9.3% 16.8% NORTH LAKES 53 $420,000 -5.1% $432,000 -2.9% 12.2% BRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALES BRISBANE CITY UNIT SALES PETRIE 21 $335,000 -8.2% $356,000 -7.2% 21.5% <$350,000 $350,000+ $500,000+ $1m+ <$350,000 <$250,000 $350,000+ $250,000+ $350,000+ $500,000+ $500,000+ $1m+ MORETON BAY (LGA) 692 $360,000 -2.4% $370,000 -6.6% 20.1% REDCLIFFE ~ 21 $315,000 -1.3% $324,250 -14.7% 11.8% MAR 12 148 MORETON BAY (LGA) ^ 773 112 931 2.4% $542,500 $545,000 58 -8.4% 14.7% MAR 12 252 MAR 12 ROTHWELL 42 570 81187 35514 $350,000 4.3% $353,500 14 26 -8.2% 10.5% MAR MAR ALBANY CREEK ~ DEC 11 185 36 788 $471,500 8582.1% $470,000 -10.1% 111 20.5% SAMFORD 11 269 DEC 11VALLEY ^ DEC 35 239 4 477 N/A N/A 201 $810,000 75 21 -1.8% 27 25.3% DEC DEC ARANA HILLS 7 $470,000 8.3% $444,000 0.9% 28.7% SANDSTONE POINT 5 N/A N/A $360,500 -7.1% 9.3% SEP 11 196 882 1013 96 SEP 11 255 SEP 11 49 331 614 67 230 9 24 SEP SEP BANKSIA BEACH 10 $436,000 2.0% $467,500 -1.6% 10.0% SCARBOROUGH ~ f 16 $384,750 13.2% $390,000 -13.3% -1.3% JUN 11 165 738 949 91 JUN 11 200 JUN 11 48 268 512 81 201 13 33 JUN JUN BEACHMERE 7 $338,000 N/A $339,000 -1.5% 29.8% STRATHPINE ~ 17 $334,000 4.4% $313,500 -9.8% 18.3% MAR 11 BELLARA ~ 118 6979 $300,000 N/A $300,000 910 83 -10.4% 4.8% MAR 11 236 220 MAR 11 37 UPPER CABOOLTURE ^ 4785 $476,000 174 -5.7% 7413 $476,000 22 -6.8% 7.6% MAR MAR BELLMERE ~ 11 $358,000 15.5% $317,000 -10.5% 3.9% WAMURAN ^ 4 N/A N/A $523,500 -2.1% 19.0% BRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSE SALES BRISBANE SURROUNDS' UNIT SALES <$350,000 $350,000+ $500,000+ $1m+ <$250,000 <$350,000$250,000+ $350,000+ $500,000+ $350,000+ $500,000+ $1m+ MAR 12 843 677 218 4 MAR 12 MAR 12 167 116 155 35 63 714 0 MAR DEC 11 754 709 185 7 DEC 11 DEC 11 78 113 130 26 75 8 16 0 DEC SEP 11 891 788 246 12 SEP 11 SEP 11 101 171 159 54 33 198 2 SEP JUN 11 686 761 237 7 JUN 11 JUN 11 81 129 155 31 614 23 JUN MAR 11 586 779 244 6 MAR 11 MAR 11 71 129 143 3158 1 14 3 MAR INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL GOLD COAST HOUSE SALES Please see page 41 for legend and further notes BUNDABERG HOUSESALESMarch Quarter 2012 GOLD COAST UNIT SALES <$250,000 $250,000+ $350,000+ $500,000+ $1m+
  • 13.
    13 greater brisbane MEDIAN SALESDATA MEDIAN SALES DATA Suburb/ Number of Mar change 12 mths to change change Suburb/ Number of Mar change 12 mths to change change Locality Sales Mar Qtr over the end of over over Locality Sales Mar Qtr over the end of over over Qtr 2012 2012 qtr Mar 2012 1yr 5yrs Qtr 2012 2012 qtr Mar 2012 1yr 5yrs HOUSES continued UNITS & TOWNHOUSES continued WARNER 16 $432,500 1.1% $460,000 -3.7% 19.8% MORETON BAY (LGA) - 162 $325,900 -0.3% $328,000 -2.7% 26.4% WOODY POINT 6 N/A N/A $365,000 -8.5% 10.6% BONGAREE * f 10 $300,000 9.1% $300,000 -15.1% 13.2% BRENDALE t 6 N/A N/A $250,000 -12.3% 14.7% REDLAND CITY (LGA) 309 $420,000 -0.9% $430,000 -6.5% 15.0% BURPENGARY * t 1 N/A N/A $305,000 -3.2% 22.5% REDLAND CITY (LGA) ^ 9 N/A N/A $775,000 -5.5% 11.1% CABOOLTURE * 7 $300,000 7.1% $294,408 22.7% 73.2% ALEXANDRA HILLS 38 $361,500 -4.2% $378,000 -7.8% 15.2% DECEPTION BAY * t 3 N/A N/A $257,500 -19.0% 4.3% BIRKDALE 31 $410,000 0.0% $422,500 -6.1% 9.2% KALLANGUR 5 N/A N/A $320,000 6.3% 20.8% CAPALABA 33 $370,500 -9.6% $385,300 -4.7% 18.6% KIPPA-RING 6 N/A N/A $341,450 1.9% 36.6% CLEVELAND ~ 20 $498,250 11.0% $475,000 -10.8% 6.7% LAWNTON 4 N/A N/A $249,000 N/A 22.7% MACLEAY ISLAND ~ f 11 $215,000 29.1% $208,000 -17.6% -3.7% MANGO HILL * t 11 $325,900 -2.7% $331,900 -9.1% N/A MOUNT COTTON 15 $449,900 -2.6% $466,450 -0.4% 35.2% MORAYFIELD - 5 N/A N/A $282,000 N/A 10.7% ORMISTON ~ f 9 $509,000 -12.2% $539,000 -7.7% 19.8% MURRUMBA DOWNS 4 N/A N/A $345,000 -0.3% 25.5% REDLAND BAY 41 $448,000 4.2% $450,000 -8.2% 12.5% NORTH LAKES * t 12 $352,000 0.0% $352,000 N/A N/A RUSSELL ISLAND 7 $180,000 N/A $190,000 -3.6% 8.6% PETRIE * t 18 $330,000 N/A $330,000 N/A N/A THORNESIDE ~ 7 $386,000 N/A $397,400 -18.3% 15.7% REDCLIFFE * f 24 $457,500 40.1% $380,000 5.6% 10.8% THORNLANDS 29 $503,000 1.0% $510,000 -6.4% 18.6% SCARBOROUGH f t 9 $325,000 -13.0% $360,000 -13.3% -16.3% THORNLANDS ^ ~ 4 N/A N/A $985,000 13.9% 28.8% WOODY POINT t 8 $342,500 N/A N/A N/A N/A VICTORIA POINT 35 $427,500 4.3% $442,000 -6.0% 11.6% WELLINGTON POINT 27 $490,000 1.6% $499,500 -7.5% 18.1% REDLAND CITY (LGA) f 50 $307,500 -14.3% $340,000 -3.4% 25.9% CAPALABA ~ t 13 $260,000 -9.1% $281,000 -9.4% 16.4% SURROUNDS CLEVELAND f 13 $320,000 -3.8% $370,000 -3.9% 26.7% LOCKYER VALLEY (LGA) ~ 22 $227,250 N/A $240,000 -12.7% 25.7% LOCKYER VALLEY (LGA) ^ ~ 31 $340,000 14.1% $330,000 -4.3% 23.1% VACANT LAND GATTON ~ 14 $214,250 -34.9% $256,000 -11.3% 28.0% BRISBANE (SD) ~ * 540 $224,250 6.8% $215,000 5.2% 22.9% LAIDLEY ~ 4 N/A N/A $231,000 -12.0% 21.6% BRISBANE (SD) ^ ~ 102 $310,000 13.8% $305,000 -10.4% 32.6% REGENCY DOWNS ^ 4 N/A N/A $317,000 -2.5% 27.8% WITHCOTT ^ ~ 5 $375,000 24.0% $345,000 N/A 16.0% IPSWICH CITY (LGA) + * 83 $179,000 -5.3% $180,000 0.6% 20.0% IPSWICH CITY (LGA) ^ 12 N/A N/A $246,450 -7.2% 20.2% SOMERSET (LGA) ~ 18 $238,750 N/A $240,000 -8.6% 29.7% AUGUSTINE HEIGHTS * 16 $205,000 -6.8% $220,000 -6.4% 1.1% SOMERSET (LGA) ^ ~ 14 N/A N/A $335,000 -9.5% 13.6% BRASSALL BRISBANE CITY LAND SALES 3 N/A N/A $178,500 0.3% 15.2% LOWOOD 6 N/A N/A $245,000 -1.8% 36.1% BROOKWATER<$250,000 + ~ * $250,000+N/A 2 $350,000+ N/A $270,000 $500,000+ 3.8% -8.5% GOODNA * 1 N/A N/A $189,000 5.0% MAR 12 49 82 40 8 30.3% MAR UNITS & TOWNHOUSES KARALEE ^ DEC 11 31 66 8 $258,500 N/A $253,000 -4.5% 22.2% 20 9 DEC BRISBANE (SD) 1,528 $365,000 -2.9% $373,000 -1.8% 24.7% RACEVIEW * 5 $179,000 2.3% $178,000 -0.6% 19.5% SEP 11 52 51 22 12 SEP REDBANK PLAINS * 4 N/A N/A $169,900 -2.9% 7.5% IPSWICH CITY (LGA) - * t 19 $220,000 -5.6% $239,000 -7.5% 9.6% JUN 11 SILKSTONE 28 32 5 25 8 $110,000 N/A N/A N/A N/A JUN MAR 11 21 SPRINGFIELD LAKES * 28 8 17 6 $199,000 15.0% $175,000 -2.7% 14.4% MAR LOGAN CITY (LGA) - * t 117 $239,000 -8.9% $270,750 2.2% 46.4% YAMANTO 4 N/A N/A $180,000 N/A 21.2% BEENLEIGH * 10 $242,000 14.2% $232,000 3.1% 45.2% BROWNS PLAINS * t 4 N/A N/A $308,000 14.9% 15.8% BRISBANE SURROUNDS' LAND SALES EAGLEBY * t 11 $265,000 N/A $310,000 20.4% 87.9% <$250,000 $250,000+ $350,000+ $500,000+ HILLCREST * t 6 N/A N/A $333,000 N/A 89.7% MAR 12 304 72 8 2 MAR MARSDEN * t 4 N/A N/A $323,000 N/A N/A DEC 11 345 56 14 3 DEC SPRINGWOOD 8 $253,500 N/A $262,250 -5.6% 27.0% SEP 11 278 49 14 6 SEP WOODRIDGE * t 22 $174,000 3.6% $185,000 -13.3% 23.5% JUN 11 313 40 18 4 JUN MAR 11 216 47 9 5 MAR Includes REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL GOLD COAST LAND SALES Please see page 41 for legend and further notes March Quarter 2012 <$250,000 $250,000+ $350,000+ $500,000+
  • 14.
    14 greater brisbane MEDIAN SALES DATA MEDIAN WEEKLY RENTS Suburb/ Number of Mar change 12 mths to change change Example Mar Qtr 2012 Mar Qtr 2011 Postcode Locality Sales Mar Qtr over the end of over over Suburb Rent New Rent New Qtr 2012 2012 qtr Mar 2012 1yr 5yrs ($) Bonds ($) Bonds VACANT LAND continued 3 BEDROOM HOUSES LOGAN CITY (LGA) + * 69 $220,000 4.8% $209,000 -1.4% 34.8% IPSWICH CITY $285 851 $285 793 LOGAN CITY (LGA) ^ ~ 27 $256,000 2.4% $247,250 -5.9% 37.4% 4300 AUGUSTINE HEIGHTS $330 188 $320 26 BAHRS SCRUB 13 $230,000 N/A $230,000 -2.1% N/A 4301 COLLINGWOOD PARK $295 109 $295 19 EAGLEBY * 6 $200,000 N/A N/A N/A N/A 4303 DINMORE $260 25 n.a. 0 JIMBOOMBA * 7 $172,000 N/A $175,500 -5.9% 29.5% 4304 BLACKSTONE $270 96 $300 20 JIMBOOMBA ^ 6 $199,900 N/A $220,000 0.0% 33.1% 4305 BASIN POCKET $275 323 $300 26 MARSDEN 4 N/A N/A $198,000 1.5% 32.0% 4306 AMBERLEY $281 76 n.a. 0 NEW BEITH ^ 6 $255,500 N/A $253,250 N/A 42.3% 4340 ASHWELL $280 30 n.a. 1 UNDERWOOD * 14 $280,000 1.8% $275,000 -19.1% 12.2% LOGAN CITY $325 846 $320 884 WATERFORD * 8 $159,500 -20.8% $188,500 -0.5% 31.4% 4114 KINGSTON $300 128 $310 28 MORETON BAY (LGA) + 142 $210,000 3.4% $203,000 -0.2% 20.1% 4118 BROWNS PLAINS $330 95 $330 43 MORETON BAY (LGA) ^ ~ 46 $315,000 1.4% $335,000 -6.9% 34.0% 4119 UNDERWOOD $345 11 $395 11 BANKSIA BEACH + * f 4 N/A N/A $437,500 -3.8% 45.8% 4123 PRIESTS GULLY $365 46 $320 6 CABOOLTURE * 23 $187,900 -3.1% $190,000 -2.6% 22.6% 4124 BORONIA HEIGHTS $325 37 n.a. 2 DAKABIN * 11 $199,900 0.0% $183,250 -12.7% N/A 4125 MUNRUBEN $400 5 n.a. 0 DAYBORO ^ 7 $320,000 N/A N/A N/A N/A 4127 CHATSWOOD HILLS $345 85 $320 37 EVERTON HILLS 8 $300,000 N/A $310,000 N/A 24.0% 4128 KIMBERLEY PARK $375 37 $310 12 GRIFFIN * 5 $203,000 9.7% $210,000 2.4% N/A 4129 LOGANDALE $340 30 n.a. 1 KALLANGUR * 7 $185,000 -0.5% $190,500 -10.6% 15.5% 4130 CARBROOK $335 8 n.a. 1 LAWNTON * 18 $230,000 N/A $230,000 N/A N/A 4131 LOGANLEA $330 30 $345 34 MORAYFIELD + * 5 $185,000 2.8% $190,000 -2.6% 23.0% 4132 CRESTMEAD $320 81 $300 14 NARANGBA ~ * 10 $194,900 -0.1% $199,000 -9.5% 17.8% 4133 CHAMBERS FLAT $340 38 $300 9 NORTH LAKES * 23 $204,000 -0.5% $205,000 -2.8% 25.8% 4205 BETHANIA $320 18 n.a. 0 WARNER * 6 $230,000 4.5% $230,000 -0.9% 36.1% 4207 ALBERTON $310 169 $315 83 4280 JIMBOOMBA $380 24 n.a. 0 REDLAND CITY (LGA) ¹ ~ 92 $56,500 -29.4% $233,000 187.7% 76.5% MORETON BAY REGIONAL $320 1107 $320 1047 Redland City - Bay Islands ~ f 54 $34,500 25.5% $33,250 -12.5% -16.9% 4019 CLONTARF $330 97 $335 9 MACLEAY ISLAND ~ f 14 $40,000 -4.2% $45,000 -13.5% -5.3% 4020 NEWPORT $330 93 $330 16 RUSSELL ISLAND ~ f 37 $26,500 15.2% $27,000 -22.9% -15.6% 4021 KIPPA-RING $330 22 $325 61 Redland City - Mainland 38 $266,000 -1.5% $265,000 -8.6% 15.6% 4022 ROTHWELL $330 15 $290 14 MOUNT COTTON * 12 $263,000 0.6% $257,000 N/A 14.2% 4035 ALBANY CREEK $390 38 $370 5 THORNLANDS 3 N/A N/A $296,000 3.9% 23.3% 4037 EATONS HILL $450 7 n.a. 2 VICTORIA POINT * 8 $250,500 -2.5% $255,000 -4.0% 21.4% 4055 BUNYA $410 32 $335 5 WELLINGTON POINT 2 N/A N/A $325,000 -0.5% 17.3% 4500 PARK BRAY $350 66 $335 41 4501 LAWNTON $330 19 $340 15 SURROUNDS 4502 FRENCHS FOREST $350 28 $345 10 LOCKYER VALLEY (LGA) G 17 $134,950 17.3% $115,000 -8.0% 35.3% 4503 DAKABIN $330 94 $330 105 LOCKYER VALLEY (LGA) ^ G 30 $141,500 17.9% $120,000 -19.1% 18.8% 4504 NARANGBA $335 28 n.a. 1 GRANTHAM * G 3 N/A N/A $5,000 N/A N/A 4505 BURPENGARY $335 28 $300 39 GRANTHAM ^ * G 2 N/A N/A $20,000 N/A N/A 4506 MOORINA $290 67 $290 37 HATTON VALE ^ 5 $135,000 N/A N/A N/A N/A 4507 BANKSIA BEACH $320 37 $300 12 HELIDON * 5 $134,950 N/A N/A N/A N/A 4508 DECEPTION BAY $290 115 $295 62 LAIDLEY 1 N/A N/A $129,000 3.2% 55.4% 4509 MANGO HILL $360 64 $320 26 LAIDLEY NORTH * 5 $135,000 N/A N/A N/A N/A 4510 BALINGOOL $275 183 $285 34 REGENCY DOWNS ^ 2 N/A N/A $144,500 -7.2% 73.6% 4511 GODWIN BEACH $310 20 n.a. 2 4514 BELLTHORPE $290 19 n.a. 0 SOMERSET (LGA) 19 $125,000 -5.3% $132,000 2.3% 43.5% 4520 ARMSTRONG CREEK $420 15 n.a. 0 FERNVALE * 7 $149,000 0.7% $148,000 5.7% 46.5% 4521 CAMPBELLS POCKET $350 13 n.a. 0 LOWOOD * 10 $125,000 -1.6% $125,000 0.0% 38.9% REDLAND CITY $365 338 $360 339 Please see page 41 for legend and further notes March Quarter 2012
  • 15.
    15 greater brisbane MEDIAN WEEKLYRENTS MEDIAN WEEKLY RENTS Example Mar Qtr 2012 Mar Qtr 2011 Example Mar Qtr 2012 Mar Qtr 2011 Postcode Postcode Suburb Rent New Rent New Suburb Rent New Rent New ($) Bonds ($) Bonds ($) Bonds ($) Bonds 3 BEDROOM HOUSES continued 2 BEDROOM UNITS continued 4157 CAPALABA $380 36 $350 5 4157 CAPALABA $265 18 $178 18 4158 THORNESIDE $350 8 $350 10 4159 AQUATIC PARADISE $250 5 $207 9 4159 AQUATIC PARADISE $380 28 n.a. 3 4160 EROBIN $330 5 $300 6 4160 EROBIN $380 41 $360 12 4163 CLEVELAND $345 41 $340 42 4161 ALEXANDRA HILLS $375 49 n.a. 1 4165 MOUNT COTTON $240 8 n.a. 1 4163 CLEVELAND $385 33 $400 25 LOCKYER VALLEY REGIONAL $225 20 $225 16 4164 PINKLANDS $395 16 n.a. 2 4341 BLENHEIM $205 5 n.a. 1 4165 MOUNT COTTON $365 63 $365 17 4343 ADARE $230 15 $225 14 4184 COOCHIEMUDLO ISLAND $220 60 n.a. 0 SOMERSET REGIONAL $180 6 $260 5 LOCKYER VALLEY REGIONAL $270 132 $260 108 4341 BLENHEIM $260 46 $250 48 3 BEDROOM TOWNHOUSES 4342 CROWLEY VALE $280 13 $280 5 IPSWICH CITY $295 128 $300 92 4343 ADARE $270 66 $260 50 4300 AUGUSTINE HEIGHTS $345 32 $370 328 SOMERSET REGIONAL $265 63 $270 63 4301 COLLINGWOOD PARK $285 46 $330 249 4311 ATKINSONS DAM $260 25 $265 20 4304 BLACKSTONE $300 20 $330 45 4313 BIARRA $230 13 $200 7 4305 BASIN POCKET $291 27 $320 262 4515 GLENFERN $290 22 $290 25 LOGAN CITY $325 326 $320 282 4114 KINGSTON $305 53 $335 16 2 BEDROOM UNITS 4118 BROWNS PLAINS $340 74 $370 91 IPSWICH CITY $235 150 $240 192 4119 UNDERWOOD $400 5 $435 14 4300 AUGUSTINE HEIGHTS $230 20 $250 29 4127 CHATSWOOD HILLS $320 33 $420 35 4301 COLLINGWOOD PARK $250 29 $240 45 4128 KIMBERLEY PARK $335 7 $420 38 4304 BLACKSTONE $230 32 $240 34 4131 LOGANLEA $345 17 $375 31 4305 BASIN POCKET $235 67 $225 79 4132 CRESTMEAD $330 18 $370 124 LOGAN CITY $255 223 $250 249 4133 CHAMBERS FLAT $310 28 $380 59 4114 KINGSTON $245 79 $240 92 4207 ALBERTON $320 81 $370 150 4118 BROWNS PLAINS $270 6 $265 8 MORETON BAY REGIONAL $320 476 $320 496 4123 PRIESTS GULLY $280 12 $270 8 4019 CLONTARF $300 6 $395 33 4127 CHATSWOOD HILLS $285 27 $300 27 4020 NEWPORT $340 10 $395 37 4128 KIMBERLEY PARK $285 16 $285 10 4021 KIPPA-RING $320 64 $365 14 4131 LOGANLEA $260 5 $230 5 4022 ROTHWELL $300 6 $365 42 4132 CRESTMEAD $255 7 n.a. 3 4055 BUNYA $360 7 $485 20 4133 CHAMBERS FLAT $250 13 $245 8 4500 BRAY PARK $325 30 $395 118 4207 ALBERTON $256 52 $240 83 4501 LAWNTON $340 15 n.a. 3 MORETON BAY REGIONAL $265 466 $270 429 4502 FRENCHS FOREST $320 10 $380 14 4019 CLONTARF $260 76 $250 74 4503 DAKABIN $335 136 $380 165 4020 NEWPORT $280 103 $275 93 4505 BURPENGARY $305 21 $360 26 4021 KIPPA-RING $260 8 $270 6 4506 MOORINA $300 14 $330 195 4500 PARK BRAY $285 33 $275 38 4507 BANKSIA BEACH $300 7 $380 38 4501 LAWNTON $275 13 $230 12 4508 DECEPTION BAY $300 48 $340 68 4503 DAKABIN $280 20 $275 32 4509 MANGO HILL $340 61 $400 234 4505 BURPENGARY $275 10 n.a. 4 4510 BALINGOOL $280 37 $320 330 4506 MOORINA $260 13 $260 12 REDLAND CITY $365 90 $365 75 4507 BANKSIA BEACH $260 52 $260 32 4157 CAPALABA $355 11 $460 19 4508 DECEPTION BAY $280 18 $290 21 4158 THORNESIDE $360 10 n.a. 3 4509 MANGO HILL $300 9 $280 11 4159 AQUATIC PARADISE $365 5 $450 28 4510 BALINGOOL $240 96 $240 80 4160 EROBIN $375 19 $485 55 4511 GODWIN BEACH $265 6 n.a. 1 4163 CLEVELAND $390 23 $520 33 REDLAND CITY $310 84 $295 94 4165 MOUNT COTTON $370 18 $450 151 Please see page 41 for legend and further notes March Quarter 2012
  • 16.
    16 GOLD COAST House and unit markets Vacant land market The Gold Coast’s median house price increased 0.7 per Over the March quarter, the Gold Coast vacant land cent to $454,375 over the March quarter. Agents from market recorded a steady increase in activity, while REIQ accredited agencies say activity remained fairly the overall median eased somewhat on the back of an spasmodic over the period but there were some segments increase in affordable land sales. of the market starting to move. Land sales in the sub-$250,000 bracket were up over Properties priced under $500,000 were experiencing the the quarter, with affordable suburbs such as Coomera, most activity, and agents were also starting to see more Pimpama and Upper Coomera continuing to record sales in the upper-end of the market. strong sales numbers. Properties around the $1 million-plus mark were the A slight recovery in prestige land sales in the suburb subject of renewed interest given there has been a of Hope Island, which has struggled in recent times, significant softening in prices of prestige properties on contributed to the large increase in the suburbs’ median the Gold Coast. for the quarter. Recent investments by high-profile buyers were also a As seen with the house market, local agents’ report sign that the Gold Coast market was near the bottom of buyers are beginning to realise that the bottom of the its cycle. Gold Coast’s property cycle is here. Agents say these significant investments were a signal to buyers that the region was at, or very close to the bottom Rental market of the market so increasing levels of demand are likely in the months ahead. The Gold Coast rental market continues to improve with its vacancy rate falling from 5.2 per cent in June last year Lower interest rates, the region’s new council, and the to 3.9 per cent in March. recent reductions in the Aussie dollar were also all positives for BRISBANE CITYmarket, local agents say. the Gold Coast HOUSE SALES Local agents are reporting increased demand for BRISBANE CITY UNIT in SALES TOOWOOMBA HOUSE oversupply. Well- houses over units, which are stillSALES The median unit and townhouse price on the$1m+ Coast <$350,000 $350,000+ $500,000+ Gold priced rentals are also $350,000+ moving faster. Agents <$350,000 <$250,000 reportedly $500,000+ $250,000+ $350,000+ $500,000+ $1m+ reduced 2.4 per cent to $341,500 over the quarter. MAR 12 148 773 931 58 MAR 12 report a recovery570 investor activity187 sign that also 12 252 MAR 42 355 in 81 - a 2614 MAR 1 MAR 12 Local 11 185 say the reduction in unit prices was starting confidence levels are starting to return to the local DEC agents 788 858 111 DEC 11 11 269 201 75 21 27 to attract buyers with some investors, in particular, being market. 35 239 477 DEC DEC 1 DEC 11 196 882 1013 96 SEP 11 11 255 614 67 230 9 24 The median rent331 a three-bedroom house on the Gold 49 SEP 11 SEP SEP 1 SEP 11 able to pick up cash-flow positive, or very close to it. for JUN 11 165 738 949 On the Gold Coast, the beachside suburbs recorded the 91 Coast was steady at $400 per week between March last JUN 11 11 200 JUN 48 268 512 81 201 13 33 JUN 1 JUN 11 greatest increase in activity, with Surfers Paradise and MAR 11 118 697 910 83 year and37 220 this year. The median 13 for a two- MAR 11 11 236 MAR March 478 174 74 rent 22 MAR 1 MAR 11 Broadbeach topping the list. bedroom unit was steady at $350 per week A solid performer over the quarter was Mudgeeraba BRISBANE SURROUNDS' HOUSE SALES which recorded median price growth of 6.3 per cent to FRASER COAST HOUSE SALES BRISBANE SURROUNDS' UNIT SALES $329,500 and was up 4.5 per cent$500,000+ year. <$350,000 $350,000+ over the $1m+ <$350,000 $250,000+ <$250,000 $350,000+ $350,000+$500,000+ $500,000+ $1m+ Originally 843 MAR 12 a forestry and saw milling town, Mudgeeraba is 677 218 4 MAR 12 12 MAR 167 116 155 35 63 7 14 0 MAR 12 MAR 12 a long established area that has retained its charm and DEC 11 754 709 185 7 DEC 11 11 DEC 113 78 130 26 8 75 16 0 DEC 11 DEC 11 relaxed atmosphere more so than many other areas on theSEP 11 Coast. Gold 891 788 246 12 SEP 11 11 SEP 171 101 159 33 54 8 19 2 SEP 11 SEP 11 JUN 11 686 761 237 7 JUN 11 11 JUN 129 81 155 31 4 61 23 JUN 11 JUN 11 MAR 11 586 779 244 6 MAR 11 11 MAR 129 71 143 31 58 1 14 3 MAR 11 MAR 11 INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL GOLD COAST HOUSE SALES BUNDABERG HOUSE SALES GOLD COAST UNIT SALES <$350,000 $350,000+ $500,000+ $1m+ <$250,000 $250,000+ $350,000+ $500,000+ $1m+ <$350,000 $350,000+ $500,000+ MAR 12 94 394 268 52 MAR 12 12 MAR 136 146 288 238 26 131 18 36 MAR 12 MAR 12 DEC 11 77 329 226 51 DEC 11 11 DEC 105 144 242 188 119 26 745 DEC 11 DEC 11 SEP 11 76 399 264 53 SEPSEP 11 11 140 157 349 231 34 146 14 34 SEP 11 SEP 11 JUN 11 68 346 243 56 JUN 11 11 JUN 131 114 312 270 34 9 174 38 JUN 11 JUN 11 MAR 11 25 371 350 36 MAR 11 11 MAR 82 132 307 267 32 7 134 33 MAR 11 MAR 11 Please see page 41 for legend and further notes SUNSHINE COAST UNIT SALES Quarter 2012 March SUNSHINE COAST HOUSE SALES GLADSTONE HOUSE SALES
  • 17.
    17 GOLD COAST MEDIAN SALESDATA MEDIAN SALES DATA Suburb/ Number of Mar change 12 mths to change change Suburb/ Number of Mar change 12 mths to change change Locality Sales Mar Qtr over the end of over over Locality Sales Mar Qtr over the end of over over Qtr 2012 2012 qtr Mar 2012 1yr 5yrs Qtr 2012 2012 qtr Mar 2012 1yr 5yrs HOUSES HOUSES continued GOLD COAST CITY (LGA) + 808 $454,375 0.7% $470,000 -5.1% 9.3% WORONGARY ^ ~ 4 N/A N/A $560,000 -13.5% -1.5% GOLD COAST CITY (LGA) ^ ~ 79 $630,000 0.8% $630,000 -10.0% 5.0% WORONGARY ~ 7 $345,000 N/A $353,000 -12.8% 3.1% ARUNDEL 14 $416,000 5.4% $435,051 -6.3% -0.4% ASHMORE 24 $431,250 0.9% $425,000 -7.6% 3.7% SURROUNDS BENOWA + ~ f 15 $675,000 -30.8% $700,000 -10.3% 5.3% SCENIC RIM (LGA) ~ 29 $375,000 11.9% $355,000 -6.9% 18.3% BIGGERA WATERS 7 $650,000 N/A $442,500 -1.7% 3.9% SCENIC RIM (LGA) ^ ~ 28 $451,000 6.7% $450,000 -4.5% 5.9% BONOGIN ^ ~ 7 $530,000 -3.1% $579,750 -14.7% 3.5% BEAUDESERT 3 N/A N/A $330,000 -3.0% 26.9% BROADBEACH WATERS ~ 21 $710,000 10.9% $685,500 -10.7% -3.9% TAMBORINE ^ ~ 6 $532,500 N/A $500,000 -16.0% 13.5% BUNDALL ~ f 10 $790,000 33.9% $685,000 -28.6% -8.7% TAMBORINE MOUNTAIN ~ 16 $398,750 0.3% $410,000 -8.3% N/A BURLEIGH HEADS f 10 $455,000 N/A $522,500 -6.7% -3.2% BURLEIGH WATERS 40 $485,000 2.1% $505,000 -7.3% 4.1% UNITS & TOWNHOUSES CARRARA + 18 $407,500 10.1% $415,000 -3.5% 10.7% GOLD COAST CITY (LGA) - 829 $341,500 -2.4% $350,000 -5.1% 6.1% CLEAR ISLAND WATERS + 12 $711,500 5.4% $800,000 6.5% 2.6% ARUNDEL 12 $310,000 0.8% $305,000 -6.2% 13.4% COOMBABAH ~ 11 $321,500 -18.9% $367,000 -12.4% 1.9% ASHMORE ~ 8 $302,000 N/A $275,000 -11.6% 9.1% COOMERA + ~ f 9 $552,500 20.1% $532,500 -2.3% -2.3% BENOWA - * f 7 $320,000 N/A $375,000 -16.7% 17.2% CURRUMBIN WATERS 14 $410,000 -4.2% $450,000 -8.2% 8.4% BIGGERA WATERS ~ f 17 $292,500 -1.7% $300,000 -11.8% 5.3% ELANORA ~ 30 $462,500 2.8% $465,000 -11.4% 1.4% BROADBEACH * f 63 $600,000 3.4% $500,000 11.7% -9.1% HELENSVALE + ~ f 36 $474,500 -7.0% $457,500 -10.3% 10.2% BROADBEACH WATERS f 4 N/A N/A $362,500 -10.4% 16.1% HIGHLAND PARK ~ 7 $400,000 17.3% $383,250 -13.2% 3.9% BURLEIGH HEADS ~ 35 $375,000 8.2% $380,000 -1.3% 5.6% HOLLYWELL ~ f 7 $475,000 -15.2% $550,000 -1.8% 3.8% BURLEIGH WATERS ~ t 11 $345,000 -8.3% $330,000 -7.0% 3.1% HOPE ISLAND + ~ f 23 $950,000 -11.7% $1,000,000 -17.0% -11.1% CARRARA - * t 16 $352,000 17.2% $339,000 -22.9% -1.7% LABRADOR 12 $352,000 -8.6% $389,000 -8.5% -2.8% COOLANGATTA f 33 $390,000 -35.5% $490,000 12.6% 7.9% MAUDSLAND 5 N/A N/A $425,000 -7.6% 7.6% COOMBABAH t 23 $300,000 -10.4% $310,000 -3.1% 15.7% MERMAID BEACH f 5 N/A N/A $1,165,000 N/A -2.8% COOMERA - 7 $260,000 N/A $314,000 -0.3% 39.6% MERMAID WATERS 18 $610,000 -6.2% $595,000 -3.8% 3.7% CURRUMBIN ~ f 5 N/A N/A $554,000 44.8% 27.4% MERRIMAC 8 $391,075 3.2% $382,575 -7.9% 9.7% CURRUMBIN WATERS f 9 $279,000 -13.6% $297,000 -7.2% 11.8% MIAMI ~ 8 $437,500 N/A $451,750 -15.6% -1.5% ELANORA 11 $295,000 N/A $306,250 -7.6% 7.5% MOLENDINAR 12 $484,500 N/A $480,000 -2.8% 8.4% HELENSVALE - * 6 N/A N/A $275,000 -16.7% 12.9% MUDGEERABA 23 $385,000 -8.3% $423,000 -9.1% 5.8% HOPE ISLAND - f t * 25 $395,000 -2.5% $404,000 2.0% -26.5% MUDGEERABA ^ ~ 8 $587,500 -10.6% $590,000 -16.0% 0.0% LABRADOR ~ 40 $271,500 -8.0% $285,000 -9.8% 4.8% NERANG 20 $334,500 -1.3% $343,500 -8.9% 4.7% MAIN BEACH f 35 $515,000 -35.0% $640,000 6.2% 5.8% ORMEAU 20 $421,500 0.6% $408,250 -8.7% 7.4% MERMAID BEACH ~ f * 29 $333,500 6.5% $330,000 -11.4% -1.5% ORMEAU ^ 4 N/A N/A $677,500 2.7% 19.5% MERMAID WATERS ~ 10 $314,500 0.8% $282,500 -11.0% 10.8% OXENFORD 21 $390,000 -7.1% $412,500 -7.3% 7.8% MERRIMAC * t 22 $363,750 7.0% $375,000 -8.5% 47.1% PACIFIC PINES 33 $445,000 1.4% $450,000 -2.2% 13.4% MIAMI ~ 18 $322,500 7.7% $322,000 -12.3% -3.9% PALM BEACH ~ 27 $479,000 -3.7% $502,500 -6.9% 3.6% MUDGEERABA 16 $329,500 6.3% $342,250 4.5% 21.9% PARADISE POINT 14 $675,000 N/A $595,000 0.0% 1.3% NERANG ~ 10 $288,000 -3.4% $267,000 -12.2% 4.7% PARKWOOD ~ 14 $417,500 -14.8% $440,000 -9.3% 4.8% ORMEAU 4 N/A N/A $330,000 -9.1% 8.2% REEDY CREEK 12 $568,250 -5.3% $620,000 -3.5% 19.2% OXENFORD ~ * t 8 $264,000 -5.7% $285,000 -1.7% 21.3% ROBINA 38 $509,000 -0.1% $509,000 -5.4% 6.3% PACIFIC PINES * t 8 $242,000 -34.8% $397,400 7.3% 44.5% RUNAWAY BAY ~ f 21 $720,000 -13.6% $725,000 -3.3% -10.9% PALM BEACH 27 $327,500 5.6% $330,000 -10.8% -2.9% SOUTHPORT + ~ f 39 $382,000 9.1% $393,500 -15.9% -1.6% PARADISE POINT ~ f 9 $390,000 0.0% $400,000 11.1% 18.2% SOVEREIGN ISLAND * f 5 N/A N/A $1,600,000 -10.6% -24.0% PIMPAMA * t 3 N/A N/A $375,000 N/A N/A SURFERS PARADISE ~ f 14 $1,262,500 -7.2% $1,350,000 10.0% -10.0% REEDY CREEK - * t 6 N/A N/A $278,000 -11.7% 17.3% TALLAI ^ ~ 6 $647,500 N/A $665,000 -11.3% 8.6% ROBINA ~ 21 $492,000 30.2% $435,000 -3.3% 14.8% TALLEBUDGERA ^ ~ 6 $625,000 N/A $647,500 -14.8% 2.8% RUNAWAY BAY ~ f 12 $485,000 27.6% $475,000 33.1% 0.0% TUGUN 6 N/A N/A $410,000 -6.8% -0.5% SOUTHPORT ~ 63 $335,255 9.9% $319,500 -5.3% -0.2% UPPER COOMERA + 65 $378,000 0.5% $385,000 -7.1% 6.9% SURFERS PARADISE ~ f * 143 $350,000 -4.8% $360,000 -4.0% -8.3% VARSITY LAKES 17 $425,000 1.8% $435,000 -10.3% 1.3% TUGUN ~ f 14 $338,500 6.6% $352,500 -15.6% -0.1% Please see page 41 for legend and further notes March Quarter 2012
  • 18.
    18 GOLD COAST MEDIAN SALES DATA MEDIAN SALES DATA Suburb/ Number of Mar change 12 mths to change change Suburb/ Number of Mar change 12 mths to change change Locality Sales Mar Qtr over the end of over over Locality Sales Mar Qtr over the end of over over Qtr 2012 2012 qtr Mar 2012 1yr 5yrs Qtr 2012 2012 qtr Mar 2012 1yr 5yrs UNITS & TOWNHOUSES continued 3 BEDROOM HOUSES continued UPPER COOMERA - * 10 $291,600 -21.4% $358,000 5.1% 10.2% 4218 BROADBEACH $510 65 $480 90 VARSITY LAKES 19 $350,000 -3.8% $368,000 -5.6% 3.8% 4220 BURLEIGH HEADS $440 62 $435 66 4221 ELANORA $420 57 $450 57 BRISBANE CITY LAND SALES VACANT LAND 4223 CURRUMBIN TOOWOOMBA LAND SALES $380 28 $420 36 GOLD COAST<$250,000 * f 119 CITY (LGA) + $250,000+ $350,000+ $240,000 -13.2% $243,950 $500,000+ 20.8% -5.4% <$250,000 4224 TUGUN $250,000+ $350,000+ $440 11 $380 5 MAR 12 49 GOLD COAST CITY (LGA) ^ 82 19 $389,000 N/A $398,000 -11.6% 8 40 -2.9% 66 MAR 12 BILINGA 4225 $375 8 0 3 $370 6 MAR 12 COOMERA + * f 31 DEC 11 66 14 $238,750 N/A 20 9 $233,000 -3.5% 28.0% 4226 DEC 11 CLEAR ISLAND WATERS 59 $430 2 61 0 $435 64 DEC 11 HELENSVALE + * f 6 $330,000 6.5% $320,000 -41.8% -22.0% 4227 REEDY CREEK $420 41 $440 41 SEP 11 52 51 22 12 SEP 11 54 3 0 SEP 11 HOPE ISLAND + * f 9 $437,500 41.4% $310,500 -28.5% N/A SCENIC RIM REGIONAL $300 125 $300 123 JUN 11 28 32 25 8 JUN 11 41 2 0 JUN 11 MAUDSLAND * 5 $238,000 N/A $249,000 N/A 25.8% 4271 EAGLE HEIGHTS $355 10 $325 12 MAR 11 ORMEAU HILLS 21 28 8 6 6 $222,221 1.6% $219,250 N/A 29.0% MAR 11 26 3 1 MAR 11 4272 MOUNT TAMBORINE $340 23 $350 14 OXENFORD ~ 1 N/A N/A $217,500 -3.8% 2.6% 4275 BENOBBLE $430 8 $370 7 PACIFIC PINES + * 3 N/A N/A $254,950 6.2% 28.8% 4285 ALLENVIEW $300 49 $300 55 PIMPAMA + * BRISBANE13 $239,900 6.6% LAND SALES SURROUNDS' $227,000 4.6% 20.1% 4307 FRASER COAST LAND SALES COLEYVILLE $270 5 n.a. 4 <$250,000 UPPER COOMERA + * $250,000+ 25 $226,000 $350,000+ 0.5% $229,000 $500,000+ 18.7% -9.1% 4309 <$250,000 ARATULA $250,000+ $350,000+ $240 9 $250 8 MAR 12 WILLOW VALE * 304 1 N/A N/A 72 8 $219,000 2 N/A N/A 4310 38 MAR 12 ALLANDALE 01 $260 18 $250 14 MAR 12 DEC 11 345 56 14 3 DEC 11 33 00 DEC 11 SURROUNDS SEP 11 278 49 14 6 SEPBEDROOM 2 11 35 UNITS 2 0 SEP 11 SCENIC RIM (LGA) 5 N/A N/A $175,250 -9.9% 27.0% GOLD COAST CITY $350 2768 $350 2753 JUN 11 313 40 18 4 JUN 11 26 2 0 JUN 11 SCENIC RIM (LGA) ^ ~ 22 $227,000 15.1% $233,500 22.1% 33.4% 4209 COOMERA $295 7 $164 27 MAR 11 216 47 9 5 MAR 11 32 1 1 MAR 11 TAMBORINE ^ 6 $262,500 N/A N/A N/A N/A 4210 OXENFORD $290 15 $295 12 Includes REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL 4211 ADVANCETOWN $300 55 $270 28 4212 HELENSVALE $380 58 $370 69 GOLD COAST LAND SALES 4213 BONOGIN BUNDABERG LAND SALES $350 7 n.a. 2 <$250,000 $250,000+ $350,000+ $500,000+ <$250,000 $250,000+ $350,000+ 4214 ARUNDEL $300 28 $295 22 MAR 12 70 25 13 11 4215 57 MAR 12 MAR 12 LABRADOR 2 0 $350 623 $330 638 DEC 11 39 44 12 15 DEC 11 PARADISE POINT 4216 57 $330 196 01 $330 203 DEC 11 4217 BENOWA $385 587 $380 590 SEP 11 42 62 15 10 SEP 11 SEP 11 33 3 2 4218 BROADBEACH $350 374 $340 359 JUN 11 43 18 11 7 JUN 11 JUN 11 4220 25 BURLEIGH HEADS 0 0 $350 212 $350 223 MAR 11 17 20 3 15 MAR 11 4221 26 MAR 11 ELANORA 01 $300 152 $300 152 4223 CURRUMBIN $340 45 $335 38 4224 TUGUN $300 50 $320 52 SUNSHINE COAST LAND SALES 4225 BILINGA GLADSTONE LAND SALES $310 134 $310 124 MEDIAN WEEKLY RENTS 4226 <$250,000 CLEAR ISLAND WATERS $250,000+ $400 $350,000+ $390 71 86 <$250,000 $250,000+ $350,000+ $500,000+ Example Mar Qtr 2012 Mar Qtr 2011 Postcode 4227 REEDY CREEK $300 151 $420 126 Suburb Rent New Rent10 New MAR 12 24 22 3 MAR 1 MAR 12 40 35 9 ($) Bonds ($) Bonds SCENIC RIM REGIONAL $200 42 $200 27 DEC 11 40 23 9 1 DEC 11 28 18 0 DEC 1 3 BEDROOM HOUSES 4285 ALLENVIEW $200 38 $190 16 GOLD 56 SEP 11 COAST CITY $400 24 1049 $400 4 5 1054 SEP 11 75 27 4 SEP 1 4208 BURNSIDE $360 25 $360 27 52 14 0 JUN 11 40 22 8 6 3 BEDROOM TOWNHOUSES JUN 11 JUN 1 4209 COOMERA $360 81 $360 67 GOLD COAST CITY $360 1252 $360 1214 MAR 11 26 17 15 11 MAR 11 47 6 5 MAR 1 4210 OXENFORD $380 27 $380 21 4208 BURNSIDE $360 14 $340 9 4211 ADVANCETOWN $375 127 $383 141 4209 COOMERA $350 203 $340 143 4212 HELENSVALE $430 50 $440 68 4210 OXENFORD $350 22 $320 19 4213 BONOGIN $400 54 $400 60 4211 ADVANCETOWN $350 185 $350 186 4214 ARUNDEL $395 116 $400 92 4212 HELENSVALE $400 42 $385 40 4215 LABRADOR $370 108 $390 81 4213 BONOGIN $360 34 $350 45 4216 PARADISE POINT $380 73 $390 90 4214 ARUNDEL $360 76 $355 84 4217 BENOWA $515 52 $480 40 4215 LABRADOR $380 158 $380 161 Please see page 41 for legend and further notes March Quarter 2012
  • 19.
    19 GOLD COAST MEDIAN WEEKLY RENTS MEDIAN WEEKLY RENTS Example Mar Qtr 2012 Mar Qtr 2011 Example Mar Qtr 2012 Mar Qtr 2011 Postcode Postcode Suburb Rent New Rent New Suburb Rent New Rent New ($) Bonds ($) Bonds ($) Bonds ($) Bonds 3 BEDROOM TOWNHOUSES continued 3 BEDROOM TOWNHOUSES continued 4216 PARADISE POINT $360 97 $360 101 4223 CURRUMBIN $350 15 $350 12 4217 BENOWA $400 51 $440 57 4224 TUGUN $410 35 $430 32 4218 BROADBEACH $420 34 $440 22 4225 BILINGA $460 6 n.a. 3 4220 BURLEIGH HEADS $420 35 $395 40 4226 CLEAR ISLAND WATERS $400 130 $410 137 4221 ELANORA $375 35 $380 22 4227 REEDY CREEK $380 76 $390 98 TOOWOOMBA House and unit markets The Toowoomba median house price increased 0.7 per The unit market remains subdued particularly for new cent to $288,000 over the quarter. stock and the upper end. The additional costs of owning a unit are deterring buyers from the unit and townhouse Local agents say the Toowoomba market continues to market, with the numbers at open homes down. Buyers show signs of improvement with buyer confidence up, looking to down-size appeared to be the most active particularly amongst first home buyers and investors. during the quarter. Many buyers are realising that now is a good time to buy, with numerous well-priced properties available for sale. Vacant land market First home buyers and investors have recognised that While sales activity was up for the March quarter, local the Toowoomba market has reached, or is very near, the agents report that the Toowoomba vacant land market bottom of the cycle and are no longer holding back. has limited supply levels due to the minimal number of With confidence levels growing stronger, the outlook is active developers in the market. looking very positive for the Toowoomba region. Growth With the bulk of the larger land subdivisions held by a in the resources industry in the Surat Basin is gaining small handful of developers, new releases are brought momentum with the likes of Oakey and Charlton set to onto the market in stages only. Buyer enquiry levels are benefit, and in turn, Toowoomba as a whole. however strong, seeing listings that do become available Agents say sales activity was strongest between the being snapped up quite quickly. $350,000 to $500,000 price brackets however the upper A new subdivision in Kleinton, located just north of the end of the market is yet to show signs of improved activity. ever popular Highfields area, recorded 38 preliminary The suburb of Newtown continues to be most popular, sales over the quarter with a median of $136,500, making given its affordable price tag and inner location. Many it one of the most affordable for the region. first home buyers and investors are recognising the good value buying proposition in the suburb, with many seeing the opportunity to make further improvements. Rental Market The median unit and townhouse price in Toowoomba The Toowoomba rental market remains under 2 per cent decreased 6.1 per cent to $230,000 over the quarter due to vacancy, as it has done for nearly every quarter since the varying quality of stock that sold over the time period. June 2008. An increase in investor activity, according to local agents, is helping add to the rental stock, which in turn is keeping a lid on asking rents. TOOWOOMBA HOUSE SALES For outer lying areas, living costs continue to place ROCKHAMPTON HOUSE SALES <$350,000 $350,000+ $500,000+ pressure on tenants. Fuel prices for Clifton is an added <$350,000 $350,000+ $500,000+ cost for those tenants who commute to Toowoomba for MAR 12 252 81 14 work,12 215increased rents at Oakey has led to a decline MAR while 102 25 DEC 11 269 75 27 in tenant enquiry from those not involved in the resources DEC 11 170 71 20 industry. New house releases are also adding to the 96 SEP 11 255 67 9 upper 188 SEP 11end supply for the Oakey region. 91 22 JUN 11 200 81 13 The median rent for a three-bedroom house in JUN 11 173 77 14 MAR 11 236 74 22 Toowoomba increased $10 per week to $280 between MAR 11 125 69 21 March this year and March last year. The two-bedroom unit median also increased $10 per week to $220. Please see page 41 for legend andHOUSE SALES FRASER COAST further notes MACKAY HOUSE SALES March Quarter 2012
  • 20.
    20 TOOWOOMBA MEDIAN SALES DATA MEDIAN SALES DATA Suburb/ Number of Mar change 12 mths to change change Suburb/ Number of Mar change 12 mths to change change Locality Sales Mar Qtr over the end of over over Locality Sales Mar Qtr over the end of over over Qtr 2012 2012 qtr Mar 2012 1yr 5yrs Qtr 2012 2012 qtr Mar 2012 1yr 5yrs HOUSES HOUSES continued TOOWOOMBA (LGA) 347 $288,000 0.7% $287,500 -2.5% 17.3% CHINCHILLA ^ 3 N/A N/A $478,000 N/A 24.2% TOOWOOMBA (LGA) ^ 67 $446,000 2.5% $425,000 -3.4% 16.4% DALBY ~ 27 $282,500 15.3% $253,750 -4.2% 18.0% CENTENARY HEIGHTS 26 $288,500 -2.1% $290,000 -1.8% 13.7% DALBY ^ 7 $390,000 -0.3% $410,000 4.5% 19.3% CROWS NEST 7 $240,000 2.1% N/A N/A N/A MILES ~ 5 N/A N/A $285,000 N/A 83.9% DARLING HEIGHTS 7 $303,500 5.0% $287,500 -4.2% 10.6% EAST TOOWOOMBA 10 $344,000 -8.1% $370,000 2.8% 20.1% UNITS & TOWNHOUSES GLENVALE 17 $338,000 2.4% $330,000 1.5% 24.3% TOOWOOMBA (LGA) 71 $230,000 -6.1% $240,000 -0.9% 20.3% HARLAXTON ~ 7 $232,000 N/A $216,000 -12.3% 8.5% CENTENARY HEIGHTS 5 N/A N/A $270,000 N/A 9.1% HARRISTOWN 27 $287,000 10.0% $263,000 -1.3% 17.4% EAST TOOWOOMBA ~ t 8 $217,500 -32.0% $245,000 -2.0% 33.8% HIGHFIELDS 7 $430,000 0.0% $430,000 2.4% 19.4% KEARNEYS SPRING ~ 8 $245,000 10.4% $237,500 -5.0% 12.0% HIGHFIELDS ^ 15 $485,000 8.0% $467,500 7.5% 24.0% NEWTOWN * t 11 $251,000 0.8% $244,000 10.9% 31.9% KEARNEYS SPRING 16 $328,500 -3.0% $335,000 5.9% 20.7% MIDDLE RIDGE 19 $435,000 -6.1% $432,000 -0.7% 20.8% VACANT LAND MOUNT LOFTY ~ 12 $325,000 -14.5% $315,000 -3.1% 7.9% TOOWOOMBA (LGA) * 69 $136,000 -9.0% $141,000 0.5% 51.6% NEWTOWN 37 $236,000 0.9% $244,000 -4.1% 16.2% TOOWOOMBA (LGA) ^ * 44 $164,000 2.5% $158,000 -1.3% 14.5% NORTH TOOWOOMBA ~ 13 $277,500 40.5% $250,500 -0.9% 20.4% GLENVALE * 3 N/A N/A $150,500 5.2% 32.0% OAKEY ~ 9 $185,000 -25.3% $220,000 -4.6% 24.3% GOWRIE JUNCTION ^ * 7 $163,000 N/A $152,000 7.8% N/A RANGEVILLE ~ 24 $333,500 9.3% $335,000 -9.8% 4.7% HIGHFIELDS ^ ~ * 5 $135,000 -48.1% $156,500 N/A 11.8% ROCKVILLE ~ 6 N/A N/A $230,000 -10.2% 7.0% KEARNEYS SPRING * 5 $175,000 8.9% $166,343 N/A 24.1% SOUTH TOOWOOMBA 25 $278,000 5.3% $265,000 -3.6% 19.4% KLEINTON * 38 $136,250 -6.2% $139,750 -5.1% N/A TOOWOOMBA CITY 6 N/A N/A $287,000 5.9% 16.8% MIDDLE RIDGE ~ * 2 N/A N/A $190,750 -5.3% 25.1% WESTBROOK 11 $429,000 7.0% $399,000 -0.3% 16.7% OAKEY 5 $85,000 N/A $80,000 -7.0% 30.1% WILSONTON 13 $256,000 -0.4% $248,500 -9.3% 10.9% WYREEMA * 0 N/A N/A $136,900 N/A 86.5% WILSONTON HEIGHTS 6 N/A N/A $257,450 4.5% 22.6% WYREEMA 4 N/A N/A $282,500 -1.7% 20.2% SURROUNDS SOUTHERN DOWNS (LGA) ~ 10 N/A N/A $95,000 5.6% 35.7% SURROUNDS SOUTHERN DOWNS (LGA) ^ 11 N/A N/A $155,000 11.9% 47.6% GOONDIWINDI (LGA) ~ 16 $262,250 54.3% $226,250 -2.7% 22.3% WARWICK 4 N/A N/A $99,500 1.3% 32.7% GOONDIWINDI ~ 12 $282,500 28.4% $267,500 2.9% 8.3% WESTERN DOWNS (LGA) * 17 $155,000 19.2% $135,000 12.5% 92.9% SOUTHERN DOWNS (LGA) ~ 60 $223,750 -15.2% $237,000 -3.3% 24.7% WESTERN DOWNS (LGA) ^ ~ * 34 $122,500 88.5% $110,000 10.6% 155.1% SOUTHERN DOWNS (LGA) ^ ~ 10 N/A N/A $310,000 -7.5% 19.2% CHINCHILLA * 8 $182,500 14.1% $135,000 17.4% 69.0% STANTHORPE ~ 15 $210,000 -14.1% $217,500 -13.0% 17.6% CHINCHILLA ^ 8 $189,000 N/A $165,000 17.9% 73.7% WARWICK ~ 31 $240,000 -11.5% $243,000 -0.8% 18.5% DALBY * 5 $140,000 7.7% $140,000 12.0% 72.8% DALBY ^ ~ * 10 $127,500 N/A $111,000 0.9% 26.1% WESTERN DOWNS (LGA) 67 $285,000 -2.6% $280,000 5.1% 40.0% TARA ^ ~ * 7 $36,000 1.4% $36,000 -16.3% 63.6% WESTERN DOWNS (LGA) ^ ~ 17 $302,000 -13.7% $371,500 3.9% 82.1% CHINCHILLA ~ 24 $292,500 -17.3% $310,000 6.0% 36.4% TOOWOOMBACITY LAND SALES BRISBANE UNIT SALES ROCKHAMPTON UNIT SALES TOOWOOMBA LAND SALES 1m+ <$250,000 <$250,000 $250,000+ $250,000+ $350,000+ $350,000+ $500,000+ $500,000+ <$250,000 <$250,000 $250,000+ $350,000+ $250,000+ $500,000+ $350,000+ UNIT & TOWNHOU 45 MAR MAR 12 12 49 82 19 5 2 40 8 MARMAR 1215 12 66 20 7 13 0 M DEC 44 DEC 11 11 31 66 23 20 98 3 DEC DEC 117 11 59 13 7 2 2 0 D SEP 29 SEP 11 11 52 1851 6 1 22 12 SEP 11 117 SEP 54 3 0 12 7 0 JUN 30 JUN 11 11 28 32 17 25 3 8 2 JUN 11 JUN 11 9 41 8 3 3 2 0 J MAR MAR 11 11 20 21 28 16 8 6 5 0 MAR 11 26 3 1 M MAR 11 6 8 3 0 BRISBANE SURROUNDS' LAND Please seeFRASER COAST UNIT SALES page 41 for legend and further notes SALES FRASER COAST LAND SALES Quarter 2012 MACKAY UNIT SALES March
  • 21.
    21 TOOWOOMBA MEDIAN WEEKLY RENTS MEDIAN WEEKLY RENTS Example Mar Qtr 2012 Mar Qtr 2011 Example Mar Qtr 2012 Mar Qtr 2011 Postcode Postcode Suburb Rent New Rent New Suburb Rent New Rent New ($) Bonds ($) Bonds ($) Bonds ($) Bonds 3 BEDROOM HOUSES 2 BEDROOM UNITS TOOWOOMBA REGIONAL $280 697 $270 695 TOOWOOMBA REGIONAL $220 431 $210 401 4350 KEARNEYS SPRING $280 557 $270 536 4350 KEARNEYS SPRING $220 419 $210 374 4352 AMIENS $300 37 $300 26 4401 ACLAND $185 5 $185 11 4355 ANDURAMBA $255 6 $220 10 GOONDIWINDI REGIONAL $185 28 $170 38 4356 PITTSWORTH $265 19 $245 25 4390 BILLA BILLA $185 28 $170 36 4357 BRINGALILY $220 7 $230 10 SOUTHERN DOWNS REGIONAL $200 38 $190 51 4359 ASCOT $240 5 $240 6 4370 ALLAN $200 30 $200 36 4361 BACK PLAINS $220 5 $230 12 4380 AMIENS $180 8 $165 11 4400 KINGSTHORPE $280 11 n.a. 3 WESTERN DOWNS REGIONAL $210 58 $230 53 4401 ACLAND $260 30 $250 35 4405 BLAXLAND $210 40 $190 31 4614 NEUMGNA $220 7 $185 6 4413 BAKING BOARD $285 10 $270 18 GOONDIWINDI REGIONAL $265 33 $240 36 4385 BEEBO $170 5 n.a. 3 3 BEDROOM TOWNHOUSES 4390 BILLA BILLA $270 24 $250 28 TOOWOOMBA REGIONAL $300 19 $280 20 SOUTHERN DOWNS REGIONAL $240 165 $230 149 4350 KEARNEYS SPRING $300 19 $280 20 4362 ALLORA $260 9 n.a. 4 SOUTHERN DOWNS REGIONAL $270 5 n.a. 3 4370 ALLAN $250 88 $245 84 4380 AMIENS $230 46 $225 37 4383 JENNINGS $165 5 n.a. 4 WESTERN DOWNS REGIONAL $300 117 $260 138 4405 BLAXLAND $290 63 $260 82 4413 BAKING BOARD $350 35 $280 34 4415 MILES $270 7 $300 8 sunshine coast House and Unit Market The Sunshine Coast’s median house price increased Sunshine Coast property prices at this stage are still solid 0.6 per cent to $430,000 over the quarter. The numbers and this is starting to attract educated buyers who want of preliminary house sales were also up 26 per cent to get in before prices inevitably begin to increase again. compared to the previous quarter. A solid performer over the March quarter was Coolum Local agents report an increase of buyers through open Beach which posted median house price growth of 8.1 homes over the period as well as growing numbers per cent to $425,000. prepared to make offers. Coolum Beach has benefited enormously from Agents are starting to see a slight tightening of stock, international events held over recent years. Whereas especially for properties priced between $400,000 and previously it may have been a drive-through suburb $500,000 where demand is greatest. between Maroochy and Noosa, buyers are now being attracted to Coolum on its own merits, and that has been An interesting trend, according to one agent, is a possible reflected in property price growth over the last few years. paradigm shift for buyers in the $1 million-plus price bracket. Whereas before many buyers weren’t prepared The Sunshine Coast was also the only major region to pay more than $1 million, many are now open to paying in SEQ to record an increase in its median unit and $1.2 million or $1.3 million if it secures them the sale. townhouse price with it posting growth of 2.2 per cent to $332,250. Confidence is also starting to improve following the State Election, which continues to positively impact the market. Similar to the Gold Coast, the Sunshine Coast saw a trend towards demand for units in beachside suburbs with Agents are starting to experience a handful of multiple Mooloolaba and Noosaville recording the top increases in offer situations, which have been fairly absent over recent sales activity over the quarter. times. Please see page 41 for legend and further notes March Quarter 2012
  • 22.
    22 BRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALES <$350,000 $350,000+ $500,000+ $1m+ <$350,000 $350,000+ $500,000+ 252 81 sunshine coast 14 MAR 12 148 773 931 58 MAR 12 MAR 12 DEC 11 185 788 858 111 DEC 11 269 75 27 DEC 11 SEP 11 196 882 1013 96 MEDIAN SALES DATA SEP 11 255 67 9 Land Market Suburb/ Number of Mar change 12 mths to change change SEP 11 JUN 11 200 Qtr 81 over 13 Over the 165 738 949 91 JUN 11 Locality Sales Mar the end of over over JUN 11 March quarter, land sales were strong on the Qtr 2012 2012 qtr Mar 2012 1yr 5yrs Sunshine Coast697 preliminary sales numbers returning MAR 11 118 with 910 83 MAR 11 236 74 22 MAR 11 to levels seen over a year ago, with sales in the $350,000 HOUSES SUNSHINE COAST (LGA) + 623 $430,000 0.6% $437,000 -6.0% 9.5% to $500,000 range recording the highest increase in SUNSHINE COAST (LGA) ^ 129 $520,000 2.0% $547,000 -4.9% 12.2% activity. BRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSE N/A $520,000 ALEXANDRA HEADLAND ~ 5 N/A SALES -24.1% -6.3% An increase in sales $350,000+ <$350,000 particularly $500,000+ new prestige in some $1m+ AROONA <$350,000 $350,000+ 6 $500,000+ N/A N/A $423,000 -0.5% 15.9% land releases at DickyCITY UNIT SALES BRISBANE Beach and Peregian Springs also TOOWOOMBA UNIT SALES BEERWAH 11 $340,000 N/A $377,250 <$250,000 MAR 12 843 $250,000+ median increasing 14.6 $1m+cent contributed to the overall 677 $350,000+ $500,000+ 218 4 per MAR 12 <$250,000 167 $250,000+ 7 -6.9% 19.3% $350,000+ 35 $500,000+ MAR 12 BLACK MOUNTAIN ^ 7 $569,000 N/A N/A N/A N/A toMAR 11 42 for the quarter. $271,500 DEC 12 754 355 570709 185 187 7 26 MAR 11 DEC 12 113 45 26 19 8 5 2 DEC 11 MAR 12 BLI BLI 7 $360,000 -2.7% $369,900 -7.5% 8.8% SEP 11 891 35 239 477 788 201 21 246 12 SEP 11 171 8 $515,000 8 -20.8% 33 3 SEP 11 BUDDINA 44f 23 DEC 11 DEC 11 DEC 11 ~ 7 $740,000 N/A -9.6% Rental Market761 JUN 11 686 237 230 7 SEP 11 49 331 614 24 JUN 11 SEP 11 129 29 BUDERIM 18 6 31 1 4 53 $457,000 1.6% $470,000 -10.1% 4.4% JUN 11 SEP 11 The Sunshine Coast’s residential vacancy rate improved BUDERIM129 ^ 4 MAR 11 JUN 11 586 268 512 48 779 244 6 33 201 MAR 11 JUN 11 30 17 3N/A N/A 231 1 $765,750 N/A 0.3% MAR 11 JUN 11 from 4.9 per cent to 3.1 per cent between March this year BURNSIDE 11 $357,000 N/A $380,000 0.5% 23.0% INCLUDES REDLAND, 220 and June37 LOGAN, IPSWICH & MORETON BAY REGIONAL174 13 MAR 11 last year. 478 MAR 11 20 16 5 0 MAR 11 CALOUNDRA WEST 8 $400,000 N/A $375,000 -10.0% 2.7% The Caloundra and Maroochy regions were predominantly GOLD COAST HOUSE SALES COOLUM BEACH BUNDABERG HOUSE SALES 25 $425,000 8.1% $435,500 -5.3% 1.5% behind the improving vacancy levels for the Sunshine COOROIBAH ^ 6 $680,000 N/A $528,500 N/A 10.1% <$350,000 $350,000+ $500,000+ $1m+ <$350,000 $350,000+ $500,000+ Coast. Stable rents SURROUNDS' UNIT SALES and low BRISBANE across both of these regions, COOROY FRASER COAST UNIT SALES 8 $382,500 N/A N/A N/A N/A investor activity has helped current supply and demand MAR 12<$250,000 94 $250,000+ 394 $350,000+ 268$500,000+ 52 $1m+ <$250,000 146 $250,000+ 26 $350,000+ $500,000+ MAR 12 MAR 12 CURRIMUNDI 17 $385,000 -3.5% 18 $390,000 -7.1% 3.9% levels return to healthy levels. Caloundra local agents DEC 11 116 MAR 12 77 329 155 226 5163 14 0 DOONAN 9 MAR 12 DEC 11 ^ ~ 7 3 0 $520,000 -31.6% 7 7$627,500 -20.6% 4.6% DEC 11 MAR 12 report however that investors are beginning to re-emerge. 144 26 DEC 11 78 130 75 16 0 DEC 11 HOUSE MOUNTAINS GLASS 18 3 20 N/A N/A $460,000 5 0 N/A 15.0% DEC 11 The median rent for 399 SEP 11 76 264 53 a three-bedroom house on the SEP 11 157 34 14 SEP 11 GLASS HOUSE MOUNTAINS ^ 11 $395,000 N/A $397,500 -6.5% 18.3% Sunshine Coast reduced $5 per week to 54 JUN 11 101 SEP 11 68 346159 243 $365 between 56 19 2 SEP 11 JUN 11 6 114 13 6 34 0 9 SEP 11 JUN 11 GOLDEN BEACH ~ 14 $372,500 2.1% $390,000 -13.3% -3.7% March this year and March last year. The median rent for JUN 11 81 155 61 23 JUN 11 10 7 4 1 JUN 11 a MAR 11 25 371 350 36 two-bedroom unit was steady at $300 over the same LANDSBOROUGH ^ MAR 11 132 6 $385,500 N/A 32 7 N/A N/A N/A MAR 11 MAR 11 period. 71 143 58 14 3 MAR 11 13 LANDSBOROUGH ~ 11 8 $334,250 N/A $340,000 2 1 -10.4% 10.0% MAR 11 INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL LITTLE MOUNTAIN 30 $450,000 1.4% $430,000 -5.9% 9.7% MALENY ^ 5 $586,800 5.1% $594,000 -5.0% 15.9% SUNSHINE COAST HOUSE SALES GOLD COAST UNIT SALES GLADSTONE HOUSE SALES MALENY ~ BUNDABERG UNIT SALES 7 $540,000 23.6% $435,000 0.2% 16.0% <$250,000 <$350,000 $250,000+ $350,000+ $350,000+ $500,000+ $500,000+ $1m+ $1m+ <$350,000$250,000+ <$250,000 $350,000+ $350,000+ $500,000+ $500,000+ MARCOOLA 3 N/A N/A $470,000 N/A 34.3% MAR 12 MAR 12 108 136 288 326 238 165 131 24 36 MAR 12 1315 MAROOCHYDORE MAR 12 102 74 21 $420,000 -4.2% $429,500 -6.6% 8.7% 7 4 1 MAR 1212 MAR MINYAMA ~ f 6 N/A N/A $720,000 -5.2% -25.8% DEC 11 DEC 11 81 105 242 258 188 132 11925 45 DEC 11 13 DEC 11 9 110 78 11 10 2 DEC 1111 DEC MOFFAT BEACH 2 N/A N/A $550,000 -4.3% 15.1% SEP 11 SEP 11 98 140 349 325 231 168 22 146 34 SEP 11 8 SEP 11 28 16 18112 77 2 SEP 1111 SEP MOOLOOLABA ~ f $543,500 5 -14.1% $520,000 0.2% 6.8% JUN 11 JUN 11 61 131 312259 167 270 24 174 38 29 110 JUN 11 9 VALLEY ^ 7 MOOLOOLAH JUN 11 4 452 3 N/A N/A $530,000 -7.0% 23.3% JUN 1111 JUN MOUNT COOLUM 11 $440,000 N/A $460,000 -5.0% 19.5% MAR 1111 MAR MAR 11 MAR 11 55 82 307 269 267 154 20 134 33 MAR 11 12 MAR 11 27 136 8 42 0 3 MOUNTAIN CREEK 22 $470,000 5.6% $459,900 -6.9% 11.4% NAMBOUR ~ 19 $265,000 -14.0% $305,000 -7.6% 6.1% NOOSA HEADS + ~ * f 11 $1,000,000 25.0% $750,000 16.3% 9.5% SUNSHINE COAST UNIT SALES GLADSTONE UNIT SALES NOOSAVILLE 15 $690,000 4.7% $740,000 6.9% 17.5% <$250,000 $250,000+ $350,000+ $500,000+ $1m+ <$250,000 $250,000+ $350,000+ $500,000+ PACIFIC PARADISE 7 $390,000 N/A N/A N/A N/A MAR 12 60 131 85 62 11 MAR 12 MAR 12 2 27 PALMWOODS 26 13 $350,000 7 -5.4% $400,000 -10.1% 3.9% DEC 11 47 119 78 42 10 PARREARRA 16 $515,000 1.0% $539,000 -2.0% 13.5% DEC 11 DEC 11 21 20 4 PELICAN WATERS ~ f 17 $608,000 15.8% $545,000 -14.2% 4.3% SEP 11 55 131 102 52 11 SEP 11 SEP 11 135 22 9 PEREGIAN BEACH ~ f 9 $555,000 N/A $522,500 -18.7% -9.4% JUN 11 41 114 96 63 14 JUN 11 PEREGIAN 3 10 + JUN 11 SPRINGS 25 26 4 $487,500 4.8% $508,500 -1.3% -5.1% 62 118 97 64 22 MAR 11 ^ POMONA 0 MAR 11 MAR 11 20 12 2 8 N/A N/A $489,000 N/A 4.0% SIPPY DOWNS 20 $407,500 -1.2% $405,000 -8.2% 9.5% SUNRISE BEACH f 12 $460,000 -27.0% $585,000 N/A 8.4% SUNSHINE BEACH ~ f 6 N/A N/A $1,235,000 59.9% 50.1% TEWANTIN ~ 36 $381,750 6.0% $390,000 -13.3% 0.0% TWIN WATERS 11 $662,500 -0.4% $650,000 -0.9% 2.8% WARANA 6 N/A N/A $477,500 7.3% 9.0% Please see page 41 for legend and further notes March Quarter 2012
  • 23.
    23 sunshine coast MEDIAN SALESDATA MEDIAN WEEKLY RENTS Suburb/ Number of Mar change 12 mths to change change Example Mar Qtr 2012 Mar Qtr 2011 Postcode Locality Sales Mar Qtr over the end of over over Suburb Rent New Rent New Qtr 2012 2012 qtr Mar 2012 1yr 5yrs ($) Bonds ($) Bonds HOUSES continued 3 BEDROOM HOUSES WURTULLA 15 $403,000 -5.8% $416,000 -8.6% 10.9% SUNSHINE COAST REGIONAL $365 1055 $370 1025 4518 GLASS HOUSE MOUNTAINS $330 12 $320 12 UNITS & TOWNHOUSES 4519 BEERWAH $325 27 $320 16 SUNSHINE COAST (LGA) - ~ 349 $332,250 2.2% $349,000 -4.4% 1.5% 4550 LANDSBOROUGH $320 20 $320 13 ALEXANDRA HEADLAND f 18 $280,000 -16.4% $310,000 -5.8% -11.4% 4551 AROONA $370 161 $370 155 BUDERIM - ~ 24 $327,500 7.6% $340,000 -14.1% 3.2% 4552 KNOB BALD $350 25 $325 29 CALOUNDRA * f 23 $363,000 0.5% $364,000 -12.9% -2.9% 4553 PALMVIEW $350 17 $350 18 COOLUM BEACH t f 11 $315,000 2.3% $325,000 -14.1% -11.0% 4554 EUDLO $330 6 n.a. 3 GOLDEN BEACH f 13 $310,000 -0.8% $335,000 -10.1% -14.1% 4555 CHEVALLUM $360 23 $365 17 KINGS BEACH ~ f BRISBANE CITY LAND SALES 21 $360,000 -1.2% $366,000 -13.1% -14.4% 4556 BUDERIM TOOWOOMBA LAND SALES 100 $390 $380 88 <$250,000 MARCOOLA * f $250,000+ 12 $390,000 $350,000+ 30.0% $360,000 $500,000+ 8.4% 9.8% 4557 <$250,000 MOOLOOLABA $250,000+ $350,000+ $390 49 $400 43 MAR 12 49 MAROOCHYDORE 82 40 38 $318,000 6.2% $348,500 8 -3.2% 4.0% 66 MAR 12 MAROOCHYDORE 4558 $360 52 0 3 $365 52 MAR 12 MOOLOOLABA f DEC 11 31 66 39 $367,000 12.1% $350,000 20 9 -5.4% -3.8% 4559 DEC 11 DIDDILLIBAH 59 $350 12 2 0 $380 10 DEC 11 MOUNT COOLUM * f 7 $424,000 40.2% $332,500 -1.5% 18.8% 4560 BLI BLI $330 130 $350 85 SEP 11 52 51 22 12 SEP 11 54 3 0 SEP 11 MOUNTAIN CREEK 5 N/A N/A $287,500 N/A 20.8% 4561 BRIDGES $345 14 $340 14 JUN 11 28 32 25 8 JUN 11 41 2 0 JUN 11 NAMBOUR * t 7 $258,000 N/A $230,000 -22.0% -0.4% 4562 PARK BELLI $345 15 $400 13 MAR 11 21 28 8 6 MAR 11 26 3 1 MAR 11 NOOSA HEADS - * f 30 $587,500 2.6% $497,500 -18.4% -22.0% 4563 BLACK MOUNTAIN $350 18 $350 13 NOOSAVILLE 28 $326,250 5.2% $354,000 -1.7% 8.9% 4564 MARCOOLA $350 38 $370 48 PELICAN WATERS - f 9 $370,000 N/A $375,000 -20.2% -15.7% 4565 BOREEN $360 44 $360 63 SIPPY DOWNS * BRISBANE 6 SURROUNDS' LAND SALES N/A N/A $300,500 N/A 5.4% 4566 NOOSAVILLE FRASER COAST LAND SALES $390 16 $410 23 <$250,000 SUNSHINE BEACH ~ f $250,000+ 8 $505,000 $350,000+ N/A $500,000+ $475,000 -30.7% -17.4% 4567 <$250,000 CASTAWAYS BEACH $250,000+ $350,000+ $420 41 $420 49 MAR 12 304 72 8 2 MAR 12 38 4568 FEDERAL 1 $350 0 11 $330 9 MAR 12 VACANT 345 DEC 11 LAND 56 14 3 4569 COORAN DEC 11 33 $300 11 $290 00 5 DEC 11 SUNSHINE11 SEP COAST (LGA) + * 278 94 $271,500 14.6% 49 $245,000 14 6 -3.2% 25.0% 4572 ALEXANDRA HEADLAND $445 11 $415 12 SEP 11 35 2 0 SEP 11 SUNSHINE11 4573 COOLUM BEACH $380 85 $380 107 JUN COAST (LGA) ^ ~ 313 41 $300,000 -11.8% $360,000 40 18 4 2.9% 24.1% JUN 11 26 2 0 JUN 11 BEERWAH 1 N/A N/A $189,000 0.5% 21.9% 4575 BIRTINYA $380 106 $375 127 MAR 11 216 47 9 5 MAR 11 32 1 1 MAR 11 BIRTINYA 6 $309,500 N/A $320,000 0.0% 8.1% Includes REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL BLI BLI * 1 N/A N/A $207,500 N/A 5.9% 2 BEDROOM UNITS BUDERIM + 2 N/A N/A $297,000 12.5% 20.2% SUNSHINE COAST REGIONAL $300 1036 $300 1022 DICKY BEACH GOLD8 COAST LAND SALESN/A N/A N/A $303,000 N/A 4519 BEERWAH BUNDABERG LAND SALES $185 6 $134 8 <$250,000 $250,000+ $350,000+ $500,000+ <$250,000 $250,000+ $350,000+ DOONAN ^ 5 $255,000 N/A N/A N/A N/A 4550 LANDSBOROUGH $162 7 $132 8 MAR 12 LITTLE MOUNTAIN 70 MAR 12 * 5 $235,000 25 N/A 13N/A 11 N/A N/A 4551 57 MAR 12 AROONA 2 0 $290 182 $295 176 MOUNTAIN11 DEC CREEK39 * 8 44 $270,000 1.0% 12 $265,000 15 1.5% N/A DEC 11 BUDERIM 4556 $300 58 $280 35 DEC 11 57 01 NOOSAVILLE + f * 4 N/A N/A $250,000 -24.2% -42.0% 4557 MOOLOOLABA $290 121 $295 124 SEP 11 SEP 11 42 62 15 10 SEP 11 33 3 2 PELICAN WATERS f * 7 $306,000 N/A $300,000 -16.7% -26.8% 4558 MAROOCHYDORE $300 193 $320 197 JUN 11 43 18 11 7 JUN 11 PEREGIAN SPRINGS + ~ * 16 $226,000 -13.9% $225,000 -11.8% -15.1% JUN 11 25 0 0 4559 DIDDILLIBAH $270 10 $280 11 MAR 11 17 20 3 15 MAR 11 4560 26 MAR 11 BLI BLI 01 $240 46 $245 55 4561 BRIDGES $260 9 $270 5 4563 BLACK MOUNTAIN $250 7 n.a. 3 SUNSHINE COAST LAND SALES 4564 MARCOOLA GLADSTONE LAND SALES $320 66 $320 59 <$250,000 $250,000+ $350,000+ $500,000+ 4565 <$250,000 BOREEN $250,000+ $350,000+$270 12 $300 13 4566 NOOSAVILLE $320 34 $320 44 MAR 12 40 35 9 10 MAR 12 24 22 3 MAR 1 4567 CASTAWAYS BEACH $340 59 $340 67 DEC 11 40 23 9 1 DEC 11 28 18 0 DEC 1 4572 ALEXANDRA HEADLAND $330 67 $330 68 SEP 11 56 24 4 5 4573 75 SEP 11 COOLUM BEACH 27 $300 71 4 $295 86 SEP 1 4575 52 JUN 11 BIRTINYA 14 0 $370 80 $380 58 JUN 1 JUN 11 40 22 8 6 MAR 11 26 17 15 11 MAR 11 47 6 5 MAR 1 Please see page 41 for legend and further notes March Quarter 2012
  • 24.
    24 sunshine coast MEDIAN WEEKLY RENTS MEDIAN WEEKLY RENTS Example Mar Qtr 2012 Mar Qtr 2011 Example Mar Qtr 2012 Mar Qtr 2011 Postcode Postcode Suburb Rent New Rent New Suburb Rent New Rent New ($) Bonds ($) Bonds ($) Bonds ($) Bonds 3 BEDROOM TOWNHOUSES 3 BEDROOM TOWNHOUSES continued SUNSHINE COAST REGIONAL $350 189 $360 217 4560 BLI BLI $305 14 $340 12 4551 AROONA $320 29 $350 29 4564 MARCOOLA $390 10 $390 8 4556 BUDERIM $380 37 $380 35 4566 NOOSAVILLE $400 5 $450 13 4557 MOOLOOLABA $360 16 $360 19 4567 CASTAWAYS BEACH $410 6 $450 10 4558 MAROOCHYDORE $350 28 $340 26 4573 COOLUM BEACH $380 21 $370 26 FRASER coast HOUSE AND UNIT MARKETS VACANT LAND MARKET The top performer of all major regions across the State The land sales market in the Fraser Coast region saw a was Fraser Coast, which posted median house price slight increase in activity over the March quarter. The growth of 7.8 per cent to $290,000 over the March quarter. median land price however remained unchanged at The numbers of preliminary house sales were also up an $130,000. impressive 42 per cent. Acreage land sales saw an increase in activity, most Local REIQ agents say the region had benefited from a notably for land available at Glenwood. busy Christmas period as well as an increase in buyers Vacant land is reportedly not selling unless it is part of prepared to buy due to the affordability of property in the a house and land package. There has been an increase area. in building approvals which should see the land market The March quarter was characterised by a slight increase improve over coming months. of sales in the $500,000-plus bracket. Sales activity in the surrounding regions of Gympie and There was additional demand in the upgrader market, South Burnett also remained relatively steady, with a shift which was predominantly coming from owner-occupiers. towards more affordable lots seeing both medians record a decline over the quarter. This can mainly be attributed to the softening of prices that has occurred at the upper-end of the market over recent years which is attracting buyers looking for RENTAL MARKET excellent value for money. The median rent for a Fraser Coast three-bedroom house Buyers were generally still looking for the best increased $5 per week to $260 between March last year opportunities available, according to local agents, with and March this year. The median rent for a two-bedroom many remaining price conscious. unit increased $15 per week to $215 over the same period. There are also some increasing levels of confidence with The REIQ March residential rental vacancy rate for the many people starting to believe the worst of the economic Fraser Coast was 3.8 per cent. The vacancy rate for Hervey conditions could be behind us. Bay specifically however was 2.6 per cent, down from 3.8 Maryborough performed well over the March quarter per cent in December. with its median house price increasing 3.4 per cent to Local agents say demand was strengthening, especially $212,000 over the period. for three to four bedroom properties with an additional A solid performer over the year ending March was bathroom. Scarness which posted median price growth of 5 per cent to $308,750. The median unit and townhouse price in Fraser Coast reduced 7 per cent to $251,000 over the quarter but this was impacted by a change in the number of waterfront and new properties sold over the period. Over the year, the median unit price increased 3.4 per cent. Please see page 41 for legend and further notes March Quarter 2012
  • 25.
    25 FRASER coast MEDIAN SALES DATA MEDIAN SALES DATA Suburb/ Number of Mar change 12 mths to change change Suburb/ Number of Mar change 12 mths to change change Locality Sales Mar Qtr over the end of over over Locality Sales Mar Qtr over the end of over over Qtr 2012 2012 qtr Mar 2012 1yr 5yrs Qtr 2012 2012 qtr Mar 2012 1yr 5yrs HOUSES HOUSES continued FRASER COAST (LGA) ~ 209 $290,000 7.8% $282,000 -6.0% 6.4% URANGAN 22 $307,500 -0.8% $300,000 -6.3% 3.4% FRASER COAST (LGA) ^ 32 $338,500 2.6% $350,000 -8.6% 3.4% URRAWEEN ~ 11 $315,000 -17.1% $329,400 -1.9% 1.4% BURRUM HEADS ~ 6 N/A N/A $349,000 N/A -4.1% ELI WATERS 11 $301,000 N/A $310,000 -3.1% 8.8% SURROUNDS GLENWOOD ^ ~ 4 N/A N/A $191,250 -11.7% 15.9% GYMPIE (LGA) ~ 65 $270,000 -5.6% $263,000 -6.1% 9.6% GRANVILLE 7 $220,000 N/A $230,000 N/A 15.6% GYMPIE (LGA) ^ 41 $310,000 -1.9% $333,314 -6.6% 4.7% KAWUNGAN ~ TOOWOOMBA HOUSE $323,500 -0.5% 17 $313,000 -3.9% SALES 7.1% CHATSWORTH ^ ROCKHAMPTON HOUSE SALES 5 $307,000 N/A N/A N/A N/A <$350,000 $350,000+ $500,000+ <$350,000 25 $350,000+ $500,000+ MARYBOROUGH 42 $212,000 3.4% $215,000 -4.4% 10.3% GYMPIE $242,000 -0.8% $240,000 -4.8% 5.3% PIALBA ~ 12 MAR 252 6 N/A N/A 81 $260,000 -12.0% 14 -8.8% SOUTHSIDE MAR 12 215 17 $310,000 -4.6% $315,000 -2.2% 5.4% 102 25 POINT VERNON DEC 11 269 21 $280,000 -2.9% $291,665 -6.0% 5.7% 75 27 DEC 11 170 71 20 SCARNESS 12 $308,750 N/A $283,500 5.0% 3.7% SOUTH BURNETT (LGA) ~ 50 $194,500 -7.6% $210,000 -6.7% 21.7% 96 SEP 11 255 67 9 SEP 11 188 91 22 TINANA 6 N/A N/A $318,000 2.6% 24.0% SOUTH BURNETT (LGA) ^ ~ 23 $295,000 28.0% $282,500 -8.9% 37.5% JUN 11 200 81 13 TOOGOOM f 3 N/A N/A $282,000 -5.8% -15.8% KINGAROY 173 JUN 11 77 27 $237,500 -4.8% 14 $249,500 -3.9% 17.1% TORQUAY ~ 236 MAR 11 19 $318,000 74 20.0% $296,500 22 -7.3% -1.2% 125 KINGAROY ^ MAR 11 69 21 5 $367,500 N/A $425,000 5.7% 38.4% NANANGO 8 $189,000 N/A $202,000 -6.0% 20.4% SOUTH NANANGO ^ 5 $295,000 N/A N/A N/A N/A FRASER COAST HOUSE SALES MACKAY HOUSE SALES UNITS & TOWNHOUSES TOOWOOMBA UNIT <$350,000 SALES $350,000+ $500,000+ ROCKHAMPTON UNIT SALES <$350,000 $350,000+ $500,000+ $1m+ <$250,000 $250,000+ $350,000+ $500,000+ FRASER COAST (LGA) - * f 19 $251,000 -7.0% $276,900 3.4% 1.6% HOUSE PRICEPOINTS - SALES NUMBERS BY PRICE RANGE MAR 12 167 35 7 MAR 12 <$250,000 53 169 $250,000+ $350,000+ 76 $500,000+ UNIT & TOWNHOUSE PRICE POINTS - SALES NUMBERS BY PRI TORQUAY f 3 N/A N/A $235,000 -2.1% -13.3% MAR 12 45 113 19 26 8 5 2 DEC 11 15 MAR 12 178 7 20 $279,900 7 1 71$281,900 -10.5% URANGAN - * f 58 DEC 11 -0.2% -10.5% DEC 11 44 171 23 8 3 33 8 DEC 11 7 13 7 2 SEP 11 SEP 11 61 148 56 SEP 11 29 18 6 31 1 VACANT LAND JUN 11 7 SEP 11 12 7 0 JUN 11 129 4 53 148 43 JUN 11 30 17 3 2 FRASER COAST (LGA) * 39 $130,000 0.0% $145,000 -6.5% 5.1% MAR 11 129 31 1 JUN 11 9 MAR11 59 8 147 3 3 49 FRASER COAST (LGA) ^ ~ * 43 $112,000 12.0% $100,000 0.5% 22.7% MAR 11 20 16 5 0 MAR 11 6 8 3 0 BURRUM HEADS ~ 7 $145,000 N/A $131,000 -9.7% -3.7% GLENWOOD ^ ~ * 15 $65,000 -17.2% $75,000 -6.3% 30.4% BUNDABERG HOUSE SALES TOWNSVILLE HOUSE SALES RIVER HEADS ~ f 3 N/A N/A $115,000 -20.7% -21.2% <$350,000 COAST UNIT SALES FRASER $350,000+ $500,000+ MACKAY UNIT SALES <$350,000 $350,000+ $500,000+ URRAWEEN 2 N/A N/A $175,000 3.2% 16.7% $1m+ <$250,000 $250,000+ $350,000+ $500,000+ <$250,000 $250,000+ $350,000+ $500,000+ MAR 12 146 26 18 WONDUNNA * 190 MAR 12 4 197 N/A N/A $173,500 42 -0.9% 13.4% 0 TOOWOOMBA LAND SALES ROCKHAMPTON LAND SALES MAR 12 9 7 3 0 MAR 12 13 17 16 4 00+ DEC 11 <$250,000 144 $250,000+ 26 $350,000+ 7 DEC 11 172 181 37 <$250,000 $250,000+ $350,000+ DEC 11 18 20 5 0 SURROUNDS DEC 11 8 12 20 5 8 MAR 12 SEP 11 66 157 34 14 3 0 MAR 11 SEP 179 181 1 1 41 4.0% 36.1% GYMPIE12(LGA) 117 ~ * 10 $118,500 -12.2% $130,000 SEP 11 6 13 6 0 SEP 11 14 22 13 1 DEC 11 JUN 11 59 114 34 9 2 0 JUN 145 DEC (LGA) 81 ~ * GYMPIE11 ^ 26 197 $146,500 2 1N/A 42 $133,000 -3.3% 2.5% JUN 11 10 7 4 1 JUN 11 9 18 5 6 SEP 11 54 3 0 CURRA ^ ~ 72 MAR 11 SEP 145 5 $118,000 1 N/A 162 4 $116,500 42 6.9% 42.1% MAR 11 132 32 7 MAR 11 13 11 2 1 GYMPIE 11 MAR * 11 20 2 N/A 8N/A 2 $130,000 0.0% 39.8% JUN 11 41 2 0 JUN 11 56 1 1 JONES HILL ~ * 5 $115,000 -17.4% N/A N/A N/A MAR 11 26 3 1 MAR 11 47 1 2 SOUTHSIDE * 1 N/A N/A $135,000 N/A 50.0% BUNDABERGHOUSE SALES GLADSTONE UNIT SALES TOWNSVILLE UNIT SALES CAIRNS HOUSE SALES $1m+ <$250,000 $250,000+ $350,000+ $500,000+ <$250,000 $250,000+ $350,000+ $500,000+ <$350,000 $350,000+ $500,000+ <$350,000 19 SOUTH BURNETT (LGA) ~ * $350,000+ $57,000 -28.8% $500,000+ 0.0% $80,000 60.0% FRASER COAST LAND SALES MACKAY LAND SALES 13 MAR 12 25 MAR BURNETT (LGA) ^ ~ 4721 SOUTH12 $112,500 9 00+ MAR 12 MAR 12 13 15 102 <$250,000 7 74 $250,000+4 1 $350,000+ 143 <$250,000 113 13.1% $250,000+ 12.0% 34$350,000+ $109,750 67.6% KINGAROY * 6 $122,000 15.0% $119,000 8.2% 30.8% DEC 11 40 30 30 5 13 11 10 0 1 2 DEC 11 MAR 11 DEC LAND PRICEPOINTS - SALES NUMBER DEC 12 11 38 9 110 78 MAR 12 159 109 100 9 0 25 MEMERAMBI 2 N/A N/A $80,000 N/A N/A 34 SEP 11 DEC 11 8 33 16 181 5 0 0 2 SEP 11 33 SEP 11 149 32 23 97 2 SEP 11 28 77 DEC 11 164 132 42 38 35 2 0 JUN 11 22 20 22 6 SEP JUN 11 JUN 11 9 29 110 7 452 3 SEP 11 JUN 11 123 121 92 27 1 2 MAR 11 JUN 11 26 12 8 2 0 JUN 11 MAR 11 69 26 29 3 1 19 10 MAR 11 27 136 42 0 3 MAR 11 113 106 48 MAR 11 32 1 1 MAR 11 20 4 1 GLADSTONE UNIT SALES CAIRNS UNIT SALES $1m+ Please see page 41 for legend and furtherSALES BUNDABERG LAND notes <$250,000 $250,000+ $350,000+ $500,000+ TOWNSVILLE LAND SALES $500,000+ 2012 <$250,000 $250,000+ $350,000+ March Quarter 000+ <$250,000 $250,000+ $350,000+ <$250,000 $250,000+ $350,000+
  • 26.
    26 FRASER coast MEDIAN WEEKLY RENTS MEDIAN WEEKLY RENTS Example Mar Qtr 2012 Mar Qtr 2011 Example Mar Qtr 2012 Mar Qtr 2011 Postcode Postcode Suburb Rent New Rent New Suburb Rent New Rent New ($) Bonds ($) Bonds ($) Bonds ($) Bonds 3 BEDROOM HOUSES 2 BEDROOM UNITS FRASER COAST REGIONAL $260 400 $255 370 FRASER COAST REGIONAL $215 194 $200 253 4650 ALDERSHOT $250 152 $240 134 4650 ALDERSHOT $180 50 $175 64 4655 BOORAL $270 219 $260 211 4655 BOORAL $225 144 $220 182 4659 BEELBI CREEK $265 25 $240 18 GYMPIE REGIONAL $190 63 $190 59 GYMPIE REGIONAL $250 179 $250 205 4570 AMAMOOR $185 44 $190 46 4570 AMAMOOR $255 141 $250 150 4581 EURONG $200 15 $220 7 4580 COOLOOLA $255 28 $260 37 SOUTH BURNETT REGIONAL $185 70 $180 65 4601 BARAMBAH $190 6 $180 6 4610 ALICE CREEK $190 61 $195 49 SOUTH BURNETT REGIONAL $235 166 $230 159 4615 BARKER CREEK FLAT $150 5 $150 8 4605 BARLIL $195 21 $195 18 4606 CHARLESTOWN $215 14 $210 17 3 BEDROOM TOWNHOUSES 4610 ALICE CREEK $250 82 $250 68 FRASER COAST REGIONAL $300 63 $295 45 4615 BARKER CREEK FLAT $220 41 $220 48 4655 BOORAL $300 63 $300 43 GYMPIE REGIONAL $270 6 $310 6 4570 AMAMOOR $330 5 n.a. 4 BRISBANE CITY HOUSE SALES TOOWOOMBA HOUSE SALES <$350,000 $350,000+ $500,000+ $1m+ <$350,000 $350,000+ $500,000+ 252 81 14 bundaberg MAR 12 148 773 931 58 MAR 12 DEC 11 185 788 858 111 DEC 11 269 75 27 House and unit markets SEP 11 196 882 1013 96 SEP 11 255 67 9 The Bundaberg median house price increased 3.7 per JUN 11 165 738 949 91 The inner suburbs of Bundaberg North and Bundaberg JUN 11 200 81 13 cent to $280,000 over 697 quarter. MAR 11 118 the 910 83 South both recorded a pick-up in activity 74 the 22 MAR 11 236 over quarter. Local agents say sales activity continues to strengthen The median unit and townhouse price in Bundaberg with confidence amongst buyers, particularly investors, reduced 8.6 per cent to $245,000 over the quarter however heating up. this was mainly due to a change in the numbers of BRISBANE SURROUNDS' HOUSE SALES FRASER COAST HOUSE SALES waterfront units sold. The relative affordability of $350,000+ <$350,000 the Bundaberg housing $500,000+ $1m+ <$350,000 $350,000+ $500,000+ market continues to draw the attention of investors and Sales activity was down over the quarter as restricted renters. Home 843 677 218 4 MAR 12 MAR 12 167 35 7 buyers are also looking to Bundaberg for access to finance has resulted in limited new builds the affordable lifestyle the region offers while still being DEC 11 754 709 185 7 coming 11 113 As such, the established unit market, DEC online. 26 8 within commuting distance of the resource regions. where the quality and fit-out aren’t as high, is receiving all SEP 11 891 788 246 12 SEP 11 171 33 8 the attention, which is the main contributor to the drop in UrgencyJUN 11 686 is increasing amongst first home buyers, with 761 237 7 median 11 129 JUN unit price over the quarter. 31 4 affordable stock quickly being snapped up by investors. MAR 11 586 779 Many first-timers are beginning to fear they will miss out 244 6 MAR 11 129 31 1 with open home attendance numbers up. INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL The outlook for the region remains bright, according to local agents, as more and COAST HOUSE SALES GOLD more people either invest or BUNDABERG HOUSE SALES relocate to the area. <$350,000 $350,000+ $500,000+ $1m+ <$350,000 $350,000+ $500,000+ The current demand for the affordable end 268the market MAR 12 94 394 of 52 MAR 12 146 26 18 is also likely to see the median house price remaining relatively subdued, however once this 226 77 329 51 DEC 11 144 26 7 segment dries up a DEC 11 roll-on effect will begin across to higher priced properties. SEP 11 76 399 264 53 SEP 11 157 34 14 Sales activity across all price points remains steady, with JUN 11 68 346 243 56 JUN 11 114 34 9 the exception of the $500,000-plus price bracket, with MAR 11 25 371 350 36 attention from buyers going to the likes of the beachside MAR 11 132 32 7 suburbs of Bargara and Burnett Heads. Please see page 41 for legend and further notes March Quarter 2012 SUNSHINE COAST HOUSE SALES GLADSTONE HOUSE SALES
  • 27.
    27 BUNDABERG MEDIAN SALES DATA Vacant land market Suburb/ Number of Mar change 12 mths to change change Locality Sales Mar Qtr over the end of over over The median land price for Bundaberg remained Qtr 2012 2012 qtr Mar 2012 1yr 5yrs unchanged at $140,000 for the quarter, with sales activity also remaining relatively steady. HOUSES BUNDABERG (LGA) 190 $280,000 3.7% $275,000 -2.6% 14.6% Local agents report sales activity remains subdued given BUNDABERG (LGA) ^ ~ 49 $368,000 8.2% $337,750 0.8% 18.5% established house prices are more attractive to buyers – AVENELL HEIGHTS 9 $275,000 5.6% $270,000 0.0% 13.4% particularly given the influx of affordable houses coming AVOCA ~ 14 $323,000 12.5% $295,000 -3.9% 7.3% onto the market as vendors recognise that now is the BARGARA ~ 25 $342,000 11.2% $355,000 -4.1% 9.2% time to sell. BRANYAN ^ 9 $368,000 2.2% $343,750 -0.4% 11.6% Land did however continue to sell well at the likes of BUNDABERG EAST 9 $250,000 -3.5% $275,000 1.9% 18.5% Bargara and Moore Park Beach, which posted 10 and 11 BUNDABERG NORTH ~ 13 $229,000 -8.8% $248,000 -2.7% 17.3% preliminary sales respectively. BUNDABERG SOUTH ~ 12 $236,000 21.0% $227,500 -12.5% 10.2% Coral Cove also recorded a slight increase in activity, as BUNDABERG WEST 4 N/A N/A $245,500 1.4% 2.3% buyers look to the coastal suburbs for a place to build. BURNETT HEADS 7 $320,000 N/A $280,000 -5.1% 7.7% GOOBURRUM ^ 3 N/A N/A $451,000 N/A 23.4% Rental market KALKIE 8 $346,000 -1.4% $345,000 -3.1% 33.2% With rental prices substantially more affordable than KEPNOCK 11 $280,000 8.9% $265,000 -6.7% 8.2% Gladstone, more and more tenants are relocating to MILLBANK ~ 4 N/A N/A $225,000 -15.7% 1.1% Bundaberg. This is placing upward pressure on supply NORVILLE 4 N/A N/A $241,000 4.1% 16.4% resulting in tighter vacancy rates. SVENSSON HEIGHTS 10 $229,400 -5.8% $243,000 -4.7% 13.0% This is in turn attracting investors to the region, which THABEBAN ~ 11 $259,000 -14.9% $268,000 -2.5% 17.5% should see the rental stock levels improve, keeping a lid WALKERVALE 4 N/A N/A $211,000 -8.3% 7.1% on median rents. TOOWOOMBA UNIT SALES ROCKHAMPTON UNIT SALES 1m+ BRISBANE CITY $350,000+ <$250,000 $250,000+ LAND SALES$500,000+ TOOWOOMBA LAND SALES <$250,000 SURROUNDS $250,000+ $350,000+ $500,000+ Following an easing of vacancy levels$350,000+ at the end of UNIT & TOWNHOUSE PRICE POINTS - SALES NUMBERS BY P <$250,000 $250,000+ $500,000+ <$250,000 $250,000+ $350,000+ last MARMARthe Bundaberg rental market has returned to year, 1245 12 19 5 2 NORTH BURNETT (LGA) ~ MAR 12 15 66 MAR 12 21 20 $149,000 2.8% $143,500 -10.3% 7 1 10.4% 49 82 40 8 3 0 M healthier levels, with the vacancy rate dropping3to 3.3 per DEC 11 44 23 8 MONTO 6 N/A N/A $129,000 N/A -7.2% DECDEC 11 7 59 13 7 2 11 DEC 11 31 66 cent since the start of the year. 20 9 2 0 D SEP 11 29 18 6 1 SEP SEP 11 7 SEP 1152 51 22 12 11 UNITS & 54 12 7 TOWNHOUSES 0 3 0 Local agents report increased tenant demand with S JUN 11 30 17 3 2 vacancies11 28 one to two 25 JUN taking 32 weeks8to fill. Most agents BUNDABERG 9 41* f JUNJUN 11 11 (LGA) 8 25 3 3 $245,000 -8.6% 0 2 $271,000 8.4% 17.8% J report MAR 1120five applicants per0rental listing. MARup to 11 21 2816 5 8 6 BARGARA * f 6 MAR 11 11 MAR 26 8 3 8 0$330,000 3 1 -7.0% $350,000 2.2% -17.6% M Compared to the March quarter last year, median rents have recorded steady growth with one bedroom flats VACANT LAND and two bedroom townhouses recording the highest FRASER COAST UNIT SALES MACKAY UNIT SALES BRISBANE SURROUNDS' LAND SALES BUNDABERG (LGA) FRASER COAST LAND SALES 59 $140,000 0.0% $140,000 0.0% 18.6% $1m+ increases, up $45 and $30 respectively, largely due to <$250,000 $250,000+ <$250,000 $250,000+ $350,000+ $350,000+ $500,000+ $500,000+ <$250,000 $250,000+ BUNDABERG (LGA) <$250,000 33 ^ ~ $350,000+ $350,000+ 38.5% $132,000 -2.2% $250,000+ $500,000+ $138,500 -2.5% investment properties in new developments coming into BARGARA * 10 $155,500 0.3% $154,000 -4.6% -2.2% 0 rental 9 304 7 MAR 12 the MAR 12 pool. 3 0 72 8 2 MAR 12 12 13 38 MAR 17 16 4 1 0 M BRANYAN * 2 N/A N/A $136,000 N/A 20.4% DEC 11 11 DEC 18 345 20 565 1403 DEC 11 11 8 33 DEC 12 20 5 0 0 D BRANYAN ^ * 9 $130,000 -5.1% $135,000 N/A 42.1% SEP 11 SEP 11 6 278 13 6 0 49 14 6 SEPSEP 11 14 35 225 13 2 0 1 CORAL 11 COVE $122,000 N/A N/A N/A N/A JUN 11 313 40 18 4 JUN PARK 9 26 MOORE11 11 BEACH * JUN 2 6 0 $140,000 J JUN 11 10 7 4 1 18 11 5 $140,000 N/A -4.1% 31.5% MAR 11 216 47 9 5 SOUTH 11 11 * 32 1 1 MAR 11 13 11 2 1 MAR ISIS ^11 MAR 20 8 $135,900 8 N/A $138,750 2 N/A -33.9% M Includes REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL GOLD COAST LAND SALES BUNDABERG UNIT SALES TOWNSVILLE UNIT SALES BUNDABERG LAND SALES $1m+ <$250,000 <$250,000 $250,000+ $250,000+ $350,000+ $500,000+ $350,000+ $500,000+ <$250,000 <$250,000 $250,000+ $350,000+ $250,000+ $500,000+ $350,000+ 70 M MAR 12 12 MAR 13 7 4 25 1 13 11 MAR 12 1225 MAR 57 47 13 9 2 0 DEC 11 39 44 12 1015 D DEC 11 13 11 2 DEC DEC 1140 11 57 30 30 01 5 34 SEP 11 42 62 15 10 SEP 11 1133 SEP 33 32 3 2 23 9 SEP 11 8 16 5 2 JUN 11 43 18 11 7 J 38 JUN 11 9 7 2 3 JUN JUN 1122 11 25 20 00 22 6 MAR 11 17 20 3 15 M MAR 11 1126 MAR 26 29 01 19 10 MAR 11 12 8 03 Please see page 41 for legend COAST LAND SALES SUNSHINE and further notes GLADSTONE UNIT SALES CAIRNS UNITLAND SALES GLADSTONE SALES March Quarter 2012
  • 28.
    28 BUNDABERG MEDIAN WEEKLY RENTS MEDIAN WEEKLY RENTS Example Mar Qtr 2012 Mar Qtr 2011 Example Mar Qtr 2012 Mar Qtr 2011 Postcode Postcode Suburb Rent New Rent New Suburb Rent New Rent New ($) Bonds ($) Bonds ($) Bonds ($) Bonds 3 BEDROOM HOUSES 2 BEDROOM UNITS BUNDABERG REGIONAL $270 381 $260 351 BUNDABERG REGIONAL $210 183 $200 193 4660 ABINGTON $250 33 $255 25 4670 ABBOTSFORD $210 179 $200 187 4670 ABBOTSFORD $270 330 $265 313 NORTH BURNETT REGIONAL $220 159 n.a. 4 4671 BOOLBOONDA $250 18 $230 13 4625 ARANBANGA $160 5 n.a. 3 NORTH BURNETT REGIONAL $260 263 $200 36 4626 BEERON $220 9 n.a. 0 4625 ARANBANGA $220 17 $220 13 4626 BEERON $180 6 $200 8 3 BEDROOM TOWNHOUSES 4630 BANCROFT TOOWOOMBA HOUSE SALES $150 $170 17 6 ROCKHAMPTON HOUSE SALES $285 22 BUNDABERG REGIONAL $270 11 BRISBANE CITY UNIT SALES <$350,000 $350,000+ $500,000+ 4670 ABBOTSFORD TOOWOOMBA UNIT $270 11 SALES $285 22 <$350,000 $350,000+ $500,000+ <$250,000 $250,000+ $350,000+ $500,000+ $1m+ <$250,000 $250,000+ $350,000+ $500,000+ NORTH BURNETT REGIONAL $300 63 n.a. 0 MAR 12 252 81 14 MAR 12 215 102 25 MAR 12 42 355 570 187 26 MAR 12 45 19 5 2 MA DEC 11 269 75 27 170DEC 11 71 20 96 gladstone DEC 11 SEP 11 35 239 477 255 201 21 67 9 SEP 11 44 188 DEC 11 23 91 8 3 22 DE SEP 11 49 331 614 230 24 SEP 11 29 18 6 1 SE House11 200 unit 512 JUN 11 JUN and 268 markets81 201 33 48 13 JUN 11 JUN 11 173 30 17 77 3 2 14 JU 236 Queensland’s resource centres continue 74 experience 22 MAR 11 Sales activity remains steady across all price points. 125 69 21 174 to MAR 11 MAR 11 37 220 478 13 MAR 11 20 16 5 0 MA strong demand from buyers however property price Boyne Island and Agnes Water are proving popular with growth in Gladstone appears to have plateaued this buyers, while fewer waterfront properties sold at Tannum quarter – albeit after posting a median house price Sands, is behind its lower median price over the quarter. FRASER COAST HOUSE SALES MACKAY HOUSE SALES increase of 16.5 per cent over the year UNIT SALES BRISBANE SURROUNDS' ending March. The unit market continues $350,000+ SALES FRASER COAST perform strongly in to UNIT <$350,000 $350,000+ $500,000+ <$350,000 $500,000+ <$250,000 $250,000+ $350,000+ $500,000+ $1m+ <$250,000 $250,000+ $350,000+ $500,000+ Local agents say while the market was pausing for breath, Gladstone given the strong investor activity in the region. MAR 12 167 35 7 MAR 12 53 169 76 sales activity 116 MAR 12 remained healthy. They say the quarterly 0 155 63 14 Premium rental returns are being achieved for furnished MAR 12 9 7 3 0 MA price changes in the majority of suburbs are merely a DEC 11 113 26 8 properties located178 DEC 11 58 nearer to the CBD. 71 DEC 11 78 130 75 16 0 18 DEC 11 20 5 0 DE reflection of the different quality of homes selling as 8 SEP 11 171 33 61 148 SEP 11 56 house SEP 11 growth across the board remains strong. 2 price 101 159 54 19 6 13 SEP 11 6 0 SE JUN 11 129 31 4 Vacant53 land market 148 JUN 11 43 JUN 11 81 Investor activity 155 is still robust however there is some 61 23 10 7 JUN 11 4 1 JU MAR 11 129 31 1 Over the March quarter, the Gladstone vacant land market MAR 11 59 147 49 resistance above the $500,000 price bracket. 14 3 MAR 11 71 143 58 Most 13 11 2 1 saw its median begin to nudge the $250,000 mark, which MAR 11 MA investors are focused on the unit/townhouse market, INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL local agents believe is a healthy mark for regional land particularly furnished properties located close to the city prices. Sales activity remained steady over the quarter centre. BUNDABERG HOUSE SALES GOLD COAST UNIT SALES TOWNSVILLE HOUSE SALES with supply levels struggling UNIT brought online due to BUNDABERG to be SALES First home buyers are being $350,000+ of the market, due$1m+ priced $350,000+ $500,000+ <$350,000 $250,000+ <$250,000 out $500,000+ <$350,000 $350,000+$350,000+ the labour shortages. $250,000+ <$250,000 $500,000+ $500,000+ to the competition from investors. MAR 12 MAR 12 146 136 288 238 26 18 131 36 Outer lying190 MAR 12 MAR 12 13 areas, such as7Agnes Water, are beginning 197 4 1 42 MA After a very strong period of price growth and sales to receive increased attention as buyers look for lifestyle DEC 11 144 DEC 11 105 242 188 26 45 119 7 DEC 11 172 181 37 DE activity, the outlook for the region’s property market 13 over central locations. DEC 11 11 10 2 remains bright. SEP 11 157 SEP 11 140 349 231 34 14 146 34 8 SEP 11 16 179 2 181 41 SE New Auckland however was the most popular during SEP 11 5 The high 11 114 JUN confidence levels amongst buyers and 174 JUN 11 131 312 34 270 9 vendors 38 the JUN 11 9145 sales numbers 3 compared to the quarter, with JUN 11 7 197 2 up 42 JU are likely to underpin property price growth and sales December quarter last year. MAR 11 132 32 82 along at healthy levels. 7134 MAR 11 145 8162 42 MA activity continues 307 MAR 11 267 33 MAR 11 12 03 GLADSTONECOAST UNIT SALES SUNSHINE HOUSE SALES GLADSTONE UNIT SALES CAIRNS HOUSE SALES <$250,000 $250,000+ $350,000+ $500,000+ $1m+ <$250,000 $250,000+ <$350,000 $350,000+ $500,000+ <$350,000 $350,000+ $350,000+ $500,000+ $500,000+ MAR 12 60 131 85 62 11 MAR MAR 12 15 102 74 MAR 12 MAR 12 2 27 143 26 113 7 34 DEC 11 47 119 78 42 10 DEC DEC 11 9 110 78 DEC 11 DEC 11 21 159 20 100 4 25 SEP 11 55 131 102 52 11 SEP SEP 11 28 181 77 SEP 11 SEP 11 135 164 22 132 9 42 JUN 11 41 114 96 63 14 JUN JUN 11 29 110 45 JUN 11 JUN 11 3 10 121 25 92 4 27 MAR 11 62 118 97 64 22 MAR MAR 11 27 136 42 MAR 11 MAR 11 0 20 113 12 106 8 48 Please see page 41 for legend and further notes March Quarter 2012
  • 29.
    29 GLADSTONE MEDIAN SALES DATA Rental market Suburb/ Number of Mar change 12 mths to change change Locality Sales Mar Qtr over the end of over over Gladstone continues to experience very tight rental Qtr 2012 2012 qtr Mar 2012 1yr 5yrs conditions, however strong investor activity is ensuring supply can keep up with demand. The Gladstone rental VACANT LAND GLADSTONE (LGA) * 49 $246,500 10.5% $235,000 24.3% 98.7% market has recorded vacancy levels of 1.5 per cent or GLADSTONE (LGA) ^ ~ * 34 $245,000 6.5% $243,250 15.8% 75.0% under since the end of September 2010. As a result, median rental price growth is strong, across all rental AGNES WATER ~ 10 $226,250 26.4% $197,500 23.1% 9.0% types. Four bedroom homes, according to the RTA’s latest AGNES WATER ^ ~ 11 $172,000 -9.5% $171,000 N/A 14.0% figures are in the most demand, with the median rent up BOYNE ISLAND * 2 N/A N/A $260,000 28.7% 85.7% $200 to $650 per week compared to the March quarter BURUA ^ * 6 $297,500 N/A $287,500 N/A 85.5% last year. CALLIOPE * 3 N/A N/A $192,500 18.8% 156.7% The median rent of a three-bedroom house increased CALLIOPE ^ * 5 $245,000 N/A $240,000 26.3% 118.2% $120 per week to $480 over the same period, while the CLINTON * G 5 N/A N/A $202,500 9.5% 87.7% median rent of a two-bedroom unit increased $80 per BRISBANE CITY LAND SALES GLEN EDEN ~ * TOOWOOMBA LAND SALES 2 N/A N/A $249,000 27.7% 112.8% week to $360. <$250,000 $250,000+ $350,000+ $500,000+ KIRKWOOD * <$250,000 8 $257,900 3.2% $255,000 $250,000+ $350,000+ 30.8% N/A NEW AUCKLAND * 12 $243,500 N/A $233,000 N/A 86.4% MAR 12 49 82 40 8 MAR 12 66 3 0 M DEC 11 31 66 20 9 DEC 11 59 2 0 D SEP 11 52 51 22 12 SEP 11 54 3 0 S MEDIAN SALES DATA JUN 11 28 32 25 8 MEDIAN WEEKLY RENTS 2 JUN 11 41 0 JU Suburb/ MAR 11 Number of Example Mar Qtr 2012 Mar Qtr 2011 8 Mar change 12 mths to change change Postcode 21 28 6 MAR 11 26 3 1 M Locality Sales Mar Qtr over the end of over over Suburb Rent New Rent New Qtr 2012 2012 qtr Mar 2012 1yr 5yrs ($) Bonds ($) Bonds HOUSES 3 BEDROOM HOUSES GLADSTONE (LGA) BRISBANE SURROUNDS' LAND SALES 191 $475,000 -0.6% $460,000 16.5% 57.0% FRASER COAST LAND SALES GLADSTONE REGIONAL $480 260 $360 212 GLADSTONE (LGA)<$250,000 35 ^ ~ $250,000+ 32.9% $350,000+ $485,000 $485,000 $500,000+ -4.9% 40.6% 4677 <$250,000 AGNES WATER $250,000+ $320 21 $350,000+ $285 16 AGNES WATER MAR 12 304 7 $500,000 N/A N/A N/A N/A 72 8 2 4680 GLADSTONE $490 232 $360 190 MAR 12 38 01 M AGNES WATER ^ ~ 6 $377,500 18.5% $345,000 N/A 17.9% BANANA SHIRE $330 62 $260 61 DEC 11 345 56 14 3 DEC 11 33 00 D BARNEY POINT 2 N/A N/A $375,000 18.1% 53.8% 4715 BILOELA $330 30 $300 31 SEP 11 278 49 14 6 SEP 11 35 2 0 S BOYNE ISLAND 26 $493,500 1.3% $484,500 8.4% 40.8% 4718 BAUHINIA $340 20 $250 25 JUN 11 313 40 18 4 JUN 11 26 2 0 JU CALLIOPE * 15 $410,000 -13.5% $455,000 12.3% 82.0% 4719 CAMBOON $280 8 n.a. 2 MAR 11 CLINTON ~ 216 47 9 5 28 $485,000 1.0% $475,000 22.1% 61.7% MAR 11 32 1 1 M Includes GLEN EDEN REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL 8 $487,500 -0.5% $468,500 4.9% 80.2% 2 BEDROOM UNITS KIN KORA ~ 14 $467,500 -0.5% $467,000 21.3% 57.8% GLADSTONE REGIONAL $360 136 $280 181 NEW AUCKLAND * ~ GOLD $490,000 -4.3% $472,750 17 COAST LAND SALES 19.4% 55.8% 4677 AGNES WATER BUNDABERG LAND $280 SALES 7 n.a. 3 <$250,000 7 SOUTH GLADSTONE ~ $250,000+ 4.9% $350,000+ $440,000 $440,000 $500,000+ 23.9% 69.2% 4680 GLADSTONE <$250,000 $250,000+ $370 129 $280 178 $350,000+ SUN VALLEY 12 5 N/A N/A BANANA SHIRE $230 17 $200 20 MAR 70 25 $417,500 14.9% 13 11 55.2% MAR 12 57 2 0 M TANNUM SANDS ~ f 12 $489,500 -10.2% $505,000 12.2% 40.3% 4715 BILOELA $235 13 $225 13 DEC 11 39 44 12 15 D DEC 11 57 01 TELINA 11 $522,000 8.9% $484,750 8.9% 54.7% TOOLOOA SEP 11 42 3 62 N/A N/A $382,500 16.3% 59.4% 15 10 3 BEDROOM TOWNHOUSES SEP 11 33 3 2 S WEST GLADSTONE 43 JUN 11 18 11 7 GLADSTONE REGIONAL 0 J 20 $423,800 -5.8% $421,500 15.2% 62.1% JUN 11 25 0 $560 41 $400 26 MAR 11 17 20 3 15 4680 GLADSTONE $560 40 $400 24 M MAR 11 26 01 SURROUNDS BANANA (LGA) ~ 28 $263,750 7.7% $260,000 -1.9% 10.6% BILOELA ~ 19 $275,000 -13.6% $270,000 -3.9% 10.9% SUNSHINE COAST LAND SALES GLADSTONE LAND SALES <$250,000 $250,000+ $350,000+ $500,000+ <$250,000 $250,000+ $350,000+ UNITS & TOWNHOUSES MAR 12 40 GLADSTONE (LGA) - * f t 62 $358,250 35 5.1% $370,000 9 10.4% 10 68.2% MAR 12 24 22 3 M AGNES WATER - DEC 11 40 12 $315,000 23N/A $315,000 9 0.0% 1 -36.4% DEC 11 28 18 0 BOYNE ISLAND * t 5 N/A N/A $380,000 N/A 65.2% SEP 11 75 27 4 SEP 11 56 24 4 5 GLADSTONE CITY * f 15 $470,000 -2.1% $466,000 26.1% 148.2% JUN 11 40 22 8 6 JUN 11 52 14 0 SOUTH GLADSTONE * t 14 $310,000 3.2% $310,000 19.9% 72.2% MAR 11 26 17 N/A 15 11 MAR 11 47 6 5 M TELINA * t 0 N/A $475,000 N/A N/A WEST GLADSTONE * t 7 $405,000 35.5% $308,750 6.8% 43.6% Please see page 41 for legend and further notes March Quarter 2012
  • 30.
    30 ROCKHAMPTON House and Unit Markets Rental Market Rockhampton’s median house price increased 1.6 Rockhampton recorded a vacancy rate of 1 per cent in per cent to $320,000 over the quarter. The numbers of March, making it the tightest rental market for the major preliminary sales were also up 31 per cent compared to regions across the State. With tenancies reportedly taking the previous quarter. less than a week to fill, local agents are welcoming the increased investor activity in the region. Local agents say the region is benefiting from its strong rental market and affordable property prices. Sales The median rent for a three-bedroom house in activity is up significantly compared to the December Rockhampton increased $30 per week to $330 between quarter and to the same time last year. March this year and March last year. The median rent for a two-bedroom unit increased $15 per week to $250 over This is being driven predominantly by demand at the the same period. lower end of the market. Anything priced up to $400,000 is selling relatively quickly and there is increased activity from investors. Interest is coming from local investors, those associated with the mining sector, and from the southern states. The region has an air of confidence due to its proximity to resource precincts however it isn’t reliant on the mining TOOWOOMBA HOUSE SALES sector for success. ROCKHAMPTON HOUSE SALES <$350,000 $350,000+ $500,000+ Local agents say Rockhampton has long had a very <$350,000 $350,000+ $500,000+ stableMAR 12 252 the region generally doesn’t ride the market and 81 14 MAR 12 215 102 25 rollercoaster of ups and downs that Gladstone does. DEC 11 269 75 27 DEC 11 170 71 20 A standout performer over the period was Beserker 96 SEP 11 255 67 9 SEP 11 188 91 22 which posted median house price growth of 6.2 per cent to $249,500. The suburb of Berserker is home to13 large JUN 11 200 81 a JUN 11 173 77 14 number of families as well as equal measures of couples, MAR 11 236 74 22 MAR 11 125 69 21 singles and retirees. There is a mix of post-war housing and chamferboard houses in the area with a variety of housing types FRASER COAST HOUSE SALES including units, townhouses and single-detached MACKAY HOUSE SALES <$350,000 $350,000+ TOOWOOMBA UNIT SALES $500,000+ <$350,000 $350,000+ $500,000+ dwellings available. ROCKHAMPTON UNIT SALES $1m+ <$250,000 $250,000+ $350,000+ $500,000+ <$250,000 $250,000+ $350,000+ $500,000+ Another solid167 MAR 12 West 7 performer over the quarter was 35 MAR 12 53 169 76 UNIT & TOWNHOUSE PRICE POINTS - SALES N Rockhampton, which posted median house 5 2 growth MAR11 45 DEC 12 113 19 26 8 price DEC 11 MAR 12 58 15 178 20 71 7 1 of 3.8 per 11 cent to $270,000. 2 DEC SEP 11 44 171 23 8 3 33 8 SEP 11 DEC 11 761 148 13 7 56 2 24 The median unit and townhouse price in Rockhampton 29 SEP 11 129 18 6 31 1 JUN 11 4 JUN 11 SEP 11 753 148 12 7 43 0 decreased 1.2 per cent to $284,000 over the quarter. Apart JUN11 MAR 30 11 129 from Yeppoon, which recorded 17 a drop2of 18.7 per cent to 3 31 1 MAR11 JUN 11 959 147 8 3 3 49 $305,000 due 20 a drop 16 the number of waterfront units MAR 11 to in 5 0 MAR 11 6 8 3 0 sold, Rockhampton’s unit and townhouse market remains relatively small. Over the quarter however new unit TOWNSVILLE HOUSE SALES BUNDABERG HOUSE SALES developments reportedly sold strongly. <$350,000 $350,000+ $500,000+ FRASER COAST UNIT SALES <$350,000 $350,000+ $500,000+ MACKAY UNIT SALES $1m+ <$250,000 $250,000+ $350,000+ $500,000+ 190 ROCKHAMPTON LAND SALES $500,000+ <$250,000 $250,000+ 197 $350,000+ 146 TOOWOOMBA LAND SALES Land Market MAR 12 26 18 MAR 12 42 ,000+ 14 0 9 <$250,0007 3 $250,000+ 0 $350,000+ <$250,000 17 $250,000+ 16 $350,000+ MAR 12 MAR 12 DEC 11 13 172 181 37 4 Similar to11 144 DEC 26 7 the house market, the vacant land market 8 DEC 11 66 MAR 12 18 20 53 0 0 117 5 1 41 1 in Rockhampton performed strongly over the quarter, SEP 11 157 34 14 MAR 12 DEC 11 SEP 11 8179 12 20181 2 posting a11 59 DEC significant increase in sales numbers.2 0 SEP 11 6 13 6 0 DEC 11 SEP 11 81 14 22 2 1 13 1 JUN 11 114 34 9 JUN 11 145 197 42 Gracemere topped the list with 41 preliminary sales SEP 11 54 3 0 JUN 11 SEP 11 72 1 4 5 up 10 7 4 1 9 18 6 JUN 11 recorded,11 from 32 during the December quarter. MAR 132 32 7 MAR 11 145 162 42 JUN 11 41 2 0 56 1 1 MAR 11 13 11 2 1 MAR 11 JUN 11 11 20 8 2 The increased activity at Gracemere, where land lots MAR 11 26 3 1 MAR 11 47 1 2 are amongst the most affordable, contributed to Rockhampton’s median easing slightly by 1 per cent to $143,500. BUNDABERGHOUSE SALES GLADSTONE UNIT SALES TOWNSVILLE UNIT SALES CAIRNS HOUSE SALES 0+ $1m+ <$250,000 <$350,000 $250,000+ SALES $500,000+ $350,000+$350,000+ $500,000+ FRASER COAST LAND SALES <$250,000 <$350,000 $250,000+ $350,000+ $350,000+ $500,000+ $500,000+ Acreage land sales also sold well during the quarter, with MACKAY LAND ,000+ 36 land releases13 Barmaryee,74 $250,000+ 4 and Rockyview. MAR 12 MAR 12 <$250,000 at 102 15 Gracemere 1 $350,000+ 7 MAR 12 MAR 12 25 <$250,000 47 143 $250,000+ 113 $350,000+ 13 34 9 MAR 12 38 01 MAR 12 109 0 9 30 DEC 11 DEC 11 13 110 7811 Please see9page 41 for legend and further notes 10 2 DEC 11 DEC 11 40 159 30 100 25 5 March Quarter 2012 3 DEC 11 33 00 DEC 11 149 7 2
  • 31.
    31 ROCKHAMPTON MEDIAN SALES DATA MEDIAN SALES DATA Suburb/ Number of Mar change 12 mths to change change Suburb/ Number of Mar change 12 mths to change change Locality Sales Mar Qtr over the end of over over Locality Sales Mar Qtr over the end of over over Qtr 2012 2012 qtr Mar 2012 1yr 5yrs Qtr 2012 2012 qtr Mar 2012 1yr 5yrs HOUSES VACANT LAND ROCKHAMPTON (LGA) 342 $320,000 1.6% $317,500 -0.8% 18.5% ROCKHAMPTON (LGA) + * 119 $143,500 -1.0% $140,000 -3.4% -3.4% ROCKHAMPTON (LGA) ^ ~ 42 $466,500 10.4% $455,000 5.3% 16.7% ROCKHAMPTON (LGA) ^ 37 $235,000 12.7% $215,000 7.8% 19.4% ALLENSTOWN 11 $279,000 N/A $279,000 5.2% 18.7% BARMARYEE ^ * 4 N/A N/A $215,000 N/A 7.5% BERSERKER 29 $249,500 6.2% $238,000 -2.1% 8.2% GRACEMERE * 41 $135,000 4.2% $136,500 2.6% 19.7% FRENCHVILLE 24 $330,500 1.4% $335,000 1.2% 15.9% GRACEMERE ^ 5 $212,000 N/A $210,000 N/A 55.6% GLENLEE ^ 6 $451,000 N/A N/A N/A N/A LAMMERMOOR + * 10 $142,500 -3.4% $147,500 4.1% N/A GRACEMERE * ~ 33 $370,000 11.4% $341,000 3.3% 19.6% NORMAN GARDENS * 5 $165,000 N/A $165,000 -5.7% -2.4% GRACEMERE ^ 1 N/A N/A $530,000 N/A 21.8% PACIFIC HEIGHTS 6 $165,000 N/A N/A N/A N/A KAWANA 16 $307,500 0.8% $309,000 -0.3% 14.4% ROCKYVIEW ^ ~ * 9 $235,000 14.6% $210,000 N/A 16.7% KOONGAL 19 $257,000 -1.5% $250,000 -0.8% 7.1% ROSSLYN 12 $165,000 N/A $162,000 0.9% -2.3% LAMMERMOOR + * 10 $446,000 N/A $411,000 N/A 1.5% YEPPOON * G 5 $160,000 -0.9% $151,000 -1.0% -7.1% MOUNT MORGAN ~ 11 $115,000 -4.2% $119,000 -8.5% 6.3% ZILZIE * 8 $175,000 6.1% $175,000 -3.6% 16.7% NORMAN GARDENS * ~ 28 $384,250 -10.5% $421,000 -4.3% 23.8% PACIFIC HEIGHTS 9 $525,000 N/A N/A N/A N/A SURROUNDS PARK AVENUE 19 $248,000 -2.6% $260,000 4.0% 10.2% CENTRAL HIGHLANDS (LGA) ~ * 17 $160,000 N/A $150,000 9.9% 25.0% PARKHURST 7 $287,000 N/A N/A N/A N/A CENTRAL HIGHLANDS (LGA) ^ ~ 6 N/A N/A $245,000 22.5% 28.9% ROCKHAMPTON CITY ~ 8 $184,500 -16.1% $197,000 2.9% 9.4% CAPELLA * 0 N/A N/A $102,500 N/A 86.4% ROCKYVIEW ^ 6 $536,250 N/A $515,000 N/A 10.8% TARANGANBA 10 $337,250 N/A $385,000 N/A 2.0% MEDIAN WEEKLY RENTS Example Mar Qtr 2012 Mar Qtr 2011 Postcode TAROOMBALL 8 $431,500 N/A N/A N/A N/A Suburb Rent New Rent New THE RANGE ~ 17 $290,000 -13.4% $327,500 -14.4% 2.3% ($) Bonds ($) Bonds WANDAL ~ 22 $315,000 26.0% $292,500 5.0% 14.4% 3 BEDROOM HOUSES WEST ROCKHAMPTON 11 $270,000 3.8% $260,000 0.3% 11.1% ROCKHAMPTON REGIONAL $330 403 $300 424 YEPPOON ~ f 24 $347,500 -14.0% $401,500 6.4% 20.9% 4700 ALLENSTOWN $320 107 $290 102 ZILZIE 4 N/A N/A $367,500 N/A 0.7% 4701 BERSERKER $330 155 $305 166 4702 ALBERTA $350 56 $300 47 SURROUNDS 4703 ADELAIDE PARK $350 61 $310 81 CENTRAL HIGHLANDS (LGA) ~ * 13 1 $415,000 12.2% $385,000 8.5% 30.5% 4710 PARK EMU $325 14 $290 16 CENTRAL HIGHLANDS (LGA) ^ ~ 7 1 $570,000 N/A $545,000 14.1% 38.0% 4714 BAREE $175 8 $170 12 BLACKWATER ~ * 23 $410,000 9.3% $373,750 14.9% 51.3% CENTRAL HIGHLANDS REGIONAL $550 110 $400 94 CAPELLA * 5 N/A N/A $308,000 16.2% 16.2% 4717 BLACKWATER $750 29 $700 20 EMERALD ~ * 78 $440,000 12.8% $420,000 11.4% 20.0% 4720 EMERALD $500 66 $395 61 EMERALD ^ 11 $640,000 N/A $639,500 15.8% 24.2% 4722 SPRINGSURE $450 7 $260 8 4723 CAPELLA $500 6 n.a. 4 UNITS & TOWNHOUSES ROCKHAMPTON (LGA) - 43 $284,000 -1.2% $285,000 -3.4% 17.8% 2 BEDROOM UNITS YEPPOON * f 8 $305,000 -18.7% $310,000 -14.3% 2.3% ROCKHAMPTON REGIONAL $250 270 $235 275 4700 ALLENSTOWN $240 52 $240 63 SURROUNDS 4701 BERSERKER $240 140 $220 145 CENTRAL HIGHLANDS (LGA) * 22 $370,000 34.5% $310,000 0.8% 11.1% 4702 ALBERTA $220 5 $215 7 EMERALD * 22 $370,000 26.5% $310,000 0.8% 10.7% 4703 ADELAIDE PARK $290 69 $280 59 CENTRAL HIGHLANDS REGIONAL $390 31 $250 41 4720 EMERALD $390 27 $255 34 3 BEDROOM TOWNHOUSES ROCKHAMPTON REGIONAL $340 12 $310 10 4702 ALBERTA $360 6 $320 5 CENTRAL HIGHLANDS REGIONAL $950 14 $440 8 4720 EMERALD $950 13 $440 8 Please see page 41 for legend and further notes March Quarter 2012
  • 32.
    32 MACKAY HOUSE AND UNIT MARKET RENTAL MARKET Mackay’s median house price increased 1.2 per cent to Demand for rental properties in Mackay remains strong $425,000 over March quarter. Local agents say the market with the region recording a vacancy rate of 1.7 per was continuing to attract plenty of enquiry and sales cent vacancy in March, however there was an easing during the first three months of this year. compared to December when its vacancy rate was just 0.7 per cent. There was strong enquiry from all buyer types with many buyers starting to realise the bottom of the market may Agents from REIQ accredited agencies say this easing is have passed. due to a number of leases expiring as well as the upper end of the rental market moving more slowly. Tenant Properties that are priced correctly are selling very quickly demand remains strong with some agencies reporting and investors are also active given HOUSE SALES the TOOWOOMBA the strength of ROCKHAMPTON HOUSE SALES more than 10 applicants per listing and less than a week + region’s rental market. <$350,000 $350,000+ $500,000+ to let. Investor activity <$350,000 is also reportedly on the increase in $350,000+ $500,000+ According to local agents, there are still plenty of MAR 12 252 81 14 the region. 215 MAR 12 102 25 opportunities out there for buyers before the market DEC 11 269 75 27 This increase in demand from tenants is reflected in the strengthens further. DEC 11 170 71 20 median rents in the region. The median rent for a three 96 SEP 11 255 67 9 SEP 11 188 91 22 Over the year ending March, Mackay was one of only two bedroom house in Mackay increased $75 per week to major regions200 record positive price growth – its median JUN 11 to 81 13 $460 between March last year and March this year. The JUN 11 173 77 14 house MAR 11 increased 2.5 per cent over the period. 22 price 236 74 median rent for a two-bedroom unit increased $50 per MAR 11 125 69 21 week to $350 over the same period. A solid performer over the March quarter was West Mackay which posted median house price growth of 5.1 per cent to $408,750. FRASER COAST HOUSE SALES MACKAY HOUSE SALES Andergrove also<$350,000 performed well with its median house TOOWOOMBA UNIT SALES $350,000+ $500,000+ + ROCKHAMPTON UNIT SALES <$350,000 $350,000+ $500,000+ $1m+ price also up 5.1 per cent $250,000+ <$250,000 to $410,000.$350,000+ According to$500,000+ <$250,000 $250,000+ $350,000+ $500,000+ suburb profiles on reiq.com, Andergrove is one of the7 MAR 12 167 35 MAR 12 53 169 76 UNIT & TOWNHOUSE PRICE POINTS - SALES NUMBERS BY PR largest DEC12 45 in the sugar town of Mackay and is home suburbs MAR 11 113 19 26 8 5 2 MAR 1211 DEC 15 58 178 20 71 7 1 to a wide 11 44 of residents and housing styles. 3 DEC variety 23 8 2 SEP 11 171 33 8 DEC 1111 SEP 7 61 13 148 7 256 24 The median unit and townhouse price in Mackay JUN 11 29 18 6 1 SEP 11 129 31 4 SEP 1111 JUN 7 53 12 148 7 043 decreased 12.7 per cent to $310,000 over the period. This JUN 11 30 17 3 2 31 reduction 11 median price however was due to the change MAR in 129 1 JUN 1111 MAR 9 59 8 147 3 3 49 in the MAR 11 20of waterfront units0sold compared to the number 16 5 MAR 11 6 8 3 0 previous quarter. BUNDABERG HOUSE SALES Local agents say there was an increase in demand for TOWNSVILLE HOUSE SALES + units over the quarter, especiallyUNIT SALES priced FRASER COAST for properties <$350,000 $350,000+ $500,000+ <$350,000 MACKAY UNIT SALES $500,000+ $350,000+ $1m+ around the $200,000 to $300,000 market – a price $500,000+ <$250,000 $250,000+ $350,000+ range <$250,000 $250,000+ $350,000+ $500,000+ 2 commonly targeted by first home LAND SALES 18 MAR 12 146 TOOWOOMBA buyers and investors. 26 MAR 12 190 197 ROCKHAMPTON LAND SALES 42 14 0 9 <$250,000 7 3$250,000+ 0 13 17 4 $250,000+16 000+ MAR 12 $350,000+ MAR 12 DEC 11 144 26 7 DEC 11 <$250,000 172 181 $350,000+ 37 8 DEC 11 6618 VACANT LAND MARKET MAR 12 20 53 00 DEC 11 8 MAR SEP 11 117 12 12 20 151 SEP 11 157 34 14 179 181 41 2 SEP 11 59 DEC 11 6 13 6 0 2 0 SEP 11 14 22 13 1 Vacant JUN 11 sales numbers eased over the 9 land 114 34 quarter for the JUN 11 81 145 DEC 11 197 2 1 42 Mackay 1111 54 as new7land sales1slowed in 3 0 likes of SEP region, JUN 10 4 the 9 JUN 11 72 SEP 11 18 4 15 6 EimeoMAR 11 Marian. Upper-end land sales however were and 41 132 MAR 11 32 7 MAR 11 145 162 42 JUN 11 13 11 2 0 1 MAR 11 56 JUN 11 11 20 1 1 8 2 up for subdivisions at Ooralea and Rural View, which 3 1 contributed 26 the overall Mackay median increasing 7.8 MAR 11 to MAR 11 47 1 2 per cent to $194,000. BUNDABERG UNIT SALES GLADSTONE HOUSE SALES TOWNSVILLE UNITSALES CAIRNS HOUSE SALES 0+ Despite the easing in activity over the$350,000+ sales $1m+ <$250,000 $250,000+ quarter, <$250,000 $250,000+ $350,000+ $500,000+ + $500,000+$500,000+ <$350,000 $350,000+ $500,000+ volumes were upFRASER COAST LAND SALES all areas <$350,000 $350,000+ MACKAY LAND SALES over the year ending March for 36 000+ <$250,000 $250,000+ 1 $350,000+ except MAR 12 13Mackay as a whole saw4activity more than Sarina.15 MAR 12 7 MAR 12 MAR 12 25 143 <$250,000 47 $250,000+ 113 13 $350,000+ 349 102 74 double that 38recorded during 11 12 months ending March the LAND PRICEPOINTS - SALES NUMBER MAR 1211 DEC 11 13 DEC 9 110 78 10 1 0 2 DEC 11 40 159 DEC 11 109 MAR 12 30 0 100 9 30 25 5 2011. Land prices however remained predominantly DEC 11 33 00 SEP 11 149 DEC 11 79 2 34 steady SEP 11most areas. 16 181 for 11 8 28 SEP 77 5 2 SEP 11 33 164 32 132 23 42 35 2 0 JUN 11 123 6 272 1 SEP 11 SEP 11 38 JUN 11 9 29 JUN 11 7 110 2 45 3 JUN 11 22 121 20 22 92 JUN 11 26 2 0 JUN 11 69 3 1 MAR 11 26 113 29 19 10 33 MAR 11 MAR 11 12 136 8 420 3 MAR 11 27 106 48 MAR 11 32 1 1 MAR 11 20 4 1 GLADSTONE UNIT SALES CAIRNS UNIT SALES BUNDABERG LAND SALES TOWNSVILLE LAND SALES <$250,000 $250,000+ $350,000+ $500,000+ 0+ $1m+ <$250,000 $250,000+ $350,000+ Please see page 41 for legend and further notes $500,000+ March Quarter 2012 000+ <$250,000 $250,000+ $350,000+ <$250,000 $250,000+ $350,000+
  • 33.
    33 MACKAY ROCKHAMPTON MEDIAN SALES DATA MEDIAN SALES DATA Suburb/ Number of Mar change 12 mths to change change Suburb/ Number of Mar change 12 mths to change change Locality Sales Mar Qtr over the end of over over Locality Sales Mar Qtr over the end of over over Qtr 2012 2012 qtr Mar 2012 1yr 5yrs Qtr 2012 2012 qtr Mar 2012 1yr 5yrs HOUSES VACANT LAND MACKAY (LGA) 298 $425,000 1.2% $415,000 2.5% 12.2% MACKAY (LGA) + * f 118 $194,000 7.8% $178,000 -0.8% -1.2% MACKAY (LGA) ^ ~ 36 $460,000 -12.4% $485,000 -2.9% 10.2% MACKAY (LGA) ^ 19 $280,000 N/A $300,000 4.3% 11.1% ANDERGROVE * 27 $422,000 8.2% $403,500 2.9% 9.1% ANDERGROVE + * G 11 $148,000 4.2% $147,000 -5.8% -20.5% BEACONSFIELD * 21 $410,000 5.1% $408,000 0.1% 10.9% BEACONSFIELD * 10 $198,000 -5.7% $207,824 N/A N/A BLACKS BEACH ~ 5 N/A N/A $505,000 2.5% 11.0% BLACKS BEACH * f 7 $193,000 2.4% $185,500 -1.9% -34.8% BUCASIA * 20 $432,500 -6.0% $435,000 3.6% 12.7% BUCASIA * 1 N/A N/A $175,000 4.0% N/A EAST MACKAY ~ 7 $392,000 N/A $405,000 -4.7% 3.8% EIMEO * 2 N/A N/A $175,000 N/A -10.7% EIMEO * 14 $472,025 10.4% $450,000 0.2% 9.8% GLENELLA * 5 $169,000 -3.4% N/A N/A N/A GLENELLA * 16 $530,000 -7.0% $530,000 1.4% 9.3% MARIAN ~ * 11 $175,000 14.0% $163,000 6.2% 29.4% MACKAY 6 N/A N/A $372,500 -3.9% 6.3% MIRANI * 8 $161,500 15.4% $131,000 N/A 25.7% MARIAN * 20 $455,000 -1.5% $455,000 9.6% 44.0% NORTH MACKAY * 4 N/A N/A $183,000 N/A -30.7% MOUNT PLEASANT ~ 11 $429,000 -3.4% $430,000 2.4% 0.7% OORALEA * 16 $205,500 N/A $191,500 -0.3% 5.8% NORTH MACKAY ~ 18 $333,500 -11.7% $349,000 -2.4% 5.8% RURAL VIEW * 22 $212,700 7.7% $198,500 7.9% N/A OORALEA * 15 $540,000 -0.7% $511,500 3.0% 24.5% SARINA * 4 N/A N/A $183,500 2.5% N/A RURAL VIEW * ~ 15 $531,000 26.4% $502,500 10.2% 16.2% SHOAL POINT * 4 N/A N/A $184,900 N/A N/A SARINA ^ 3 N/A N/A $493,500 N/A 13.4% WALKERSTON * 7 $189,900 1.0% $188,900 N/A 0.0% SARINA ~ 9 $375,000 N/A $335,000 11.7% 17.5% SHOAL POINT 1 N/A N/A $495,000 N/A 1.4% SURROUNDS SLADE POINT ~ 10 $326,000 -14.2% $375,000 1.1% 15.4% ISAAC (LGA) + ~ * 17 $105,000 6.1% $130,000 -16.7% 79.1% SOUTH MACKAY 19 $375,000 2.7% $361,250 -2.4% 5.9% CLERMONT + * 8 $99,000 0.0% $99,000 N/A N/A WALKERSTON * 12 $498,700 13.3% $432,500 -4.9% 9.0% MIDDLEMOUNT + * 0 N/A N/A $151,800 N/A N/A WEST MACKAY 16 $408,750 5.1% $373,000 -0.5% 9.7% NEBO 7 $130,000 N/A $110,000 N/A N/A SURROUNDS WHITSUNDAY (LGA) + ~ * 60 $150,000 60.4% $140,000 -15.2% -15.2% ISAAC (LGA) ~ * 96 $703,000 21.5% $550,000 27.9% 66.2% WHITSUNDAY (LGA) ^ 8 N/A N/A $266,000 10.8% 26.7% CLERMONT * M 9 $300,000 15.4% $252,000 -1.2% 7.2% AIRLIE BEACH + * 2 N/A N/A $146,500 N/A N/A DYSART 16 $582,000 8.3% $495,000 15.1% 59.7% BOWEN + * 28 $152,500 N/A $152,500 -9.4% 5.2% MORANBAH ~ * 60 $750,000 6.4% $670,000 45.2% 88.7% CANNONVALE + ~ 9 $155,000 10.3% $145,000 4.3% -20.3% COLLINSVILLE * G 10 $90,000 125.0% $60,000 N/A 53.8% WHITSUNDAY (LGA) ~ 77 $350,000 4.1% $325,000 -12.0% 4.8% WHITSUNDAY (LGA) ^ 12 N/A N/A $462,500 -3.1% 5.1% BOWEN ~ 24 $397,500 17.8% $342,500 -6.2% 10.5% MEDIAN WEEKLY RENTS Example Mar Qtr 2012 Mar Qtr 2011 Postcode CANNONVALE ~ * 7 $520,000 22.4% $430,000 -1.9% -6.6% Suburb Rent New Rent New COLLINSVILLE ~ * 19 $220,000 31.3% $180,000 -2.7% 9.1% ($) Bonds ($) Bonds JUBILEE POCKET 8 $411,950 N/A $420,000 1.6% 1.4% 3 BEDROOM HOUSES PROSERPINE 9 $287,000 N/A $295,000 -3.6% 5.7% MACKAY REGIONAL $460 347 $385 324 4737 ARMSTRONG BEACH $440 30 $350 25 UNITS & TOWNHOUSES 4740 ALEXANDRA $460 261 $390 244 MACKAY (LGA) ~ f 50 $310,000 -12.7% $316,000 1.9% 14.9% 4741 BAY BALL $380 11 $350 12 MACKAY ~ 14 $290,000 0.0% $290,000 -2.7% 9.4% 4750 BUCASIA $550 19 $420 21 NORTH MACKAY 8 $282,500 N/A N/A N/A N/A 4751 GREENMOUNT $480 11 $380 11 SOUTH MACKAY ~ 8 $315,000 N/A $290,000 -1.7% 3.6% 4753 DEVEREUX CREEK $385 7 n.a. 2 ISAAC REGIONAL $1,700 92 $800 99 SURROUNDS 4721 CLERMONT $400 10 $375 8 WHITSUNDAY (LGA) - * t f 18 $285,000 41.8% $283,500 -17.8% -14.1% 4744 MORANBAH $2,000 54 $850 65 CANNONVALE * f 9 $175,000 -5.4% $240,000 -30.4% -26.8% 4745 DYSART $1,400 25 $1,200 17 Please see page 41 for legend and further notes March Quarter 2012
  • 34.
    34 mackay MACKAY MEDIAN WEEKLY RENTS MEDIAN WEEKLY RENTS Example Mar Qtr 2012 Mar Qtr 2011 Example Mar Qtr 2012 Mar Qtr 2011 Postcode Postcode Suburb Rent New Rent New Suburb Rent New Rent New ($) Bonds ($) Bonds ($) Bonds ($) Bonds 3 BEDROOM HOUSES continued 2 BEDROOM UNITS continued WHITSUNDEY REGIONAL $350 155 $330 152 WHITSUNDEY REGIONAL $260 189 $250 123 4800 ANDROMACHE $310 32 $300 28 4800 ANDROMACHE $230 27 $200 18 4802 AIRLIE BEACH $420 43 $365 40 4802 AIRLIE BEACH $280 113 $280 77 4804 COLLINSVILLE $350 14 $250 20 4803 HAMILTON ISLAND $570 7 n.a. 0 4805 BINBEE $350 65 $320 64 4805 BINBEE $240 40 $250 26 2 BEDROOM UNITS 3 BEDROOM TOWNHOUSES MACKAY REGIONAL $350 228 $300 266 MACKAY REGIONAL $470 31 $420 16 4737 ARMSTRONG BEACH $250 7 $200 14 4740 ALEXANDRA $460 28 $420 16 4740 ALEXANDRA $350 205 $300 232 WHITSUNDEY REGIONAL $380 26 $365 29 4750 BUCASIA $265 13 $290 16 4802 AIRLIE BEACH $380 22 $370 22 ISAAC REGIONAL $250 15 $260 14 4721 CLERMONT $280 5 n.a. 4 4744 MORANBAH $225 8 $700 9 TOWNSVILLE HOUSE AND UNIT MARKETS The Townsville median house price was flat at $360,000 Even well-priced stock is not moving at present, over the March quarter. The preliminary numbers of according to local agents. The costs associated with house sales was up 10 per cent over the period. buying a unit are making buying a house much more attractive and in some cases, at not much more expense. According to local agents, while sales activity continues to slowly improve general confidence levels remain relatively subdued. VACANT LAND MARKET With uncertainty around the costs of living and question Over the March quarter, the Townsville vacant land market marks around future government plans, buyers - continued to record improving sales activity with new particularly investors and first home buyers - continue to land subdivisions coming online at Bohle Plains, Burdell play the waiting game. and Mount Low. Investors remain thin on the ground still, however many Mount Low was the top performer for the region, took advantage of the building boost, targeting new house recording the highest number of sales for the quarter, and land packages. First home buyers remain cautious with upper-end priced lots selling well. As a result the and appear to still be waiting for things to improve. median land price increased 4.9 per cent to $166,750 over the quarter. The lift in sales activity is largely due to the March quarter typically being one of the busier times of year in Townsville. Well-priced properties are turning over RENTAL MARKET quickly, however the number of listings still remains in oversupply, which is keeping a lid on asking prices. For the Townsville rental market, vacancy levels have continued to fall, since peaking in June last year. New house market saw increased activity, particularly Sitting at a neat 2 per cent, local agents report a fall in in suburbs such Deeragun, Bohle Plains and Burdell in rental stock as investment properties are sold to owner Townsville’s western outskirts and Kelso to the southwest, occupiers. as buyers made the decision to buy before the building boost was wound back at the end of April. With only two consecutive quarters of tighter rental conditions, median rents have recorded only steady The median unit and townhouse price in Townsville growth over the March quarter. decreased 6.4 per cent to $286,000 over the quarter but was steady over the year. The median rent for a three-bedroom house in Townsville increased $10 per week to $350 between March this year Sales activity is down for the unit market with the costs and March last year. The median rent for a two-bedroom associated with units, such as body corporate fees and unit increased $10 per week to $300 over the same period. insurance deterring many buyers. Please see page 41 for legend and further notes March Quarter 2012
  • 35.
    00+ HOUSE PRICEPOINTS - SALES NUMBERS BY PRICE RANGE MAR 12 <$250,000 53 169 $250,000+ $350,000+ 76 $500,000+ UNIT & TOWNHOUSE PRICE POINTS - SALES NUMBERS BY PRICE RANGE MAR 12 DEC 11 15 58 178 20 71 7 1 35 DEC 11 SEP 11 761 13 148 7 2 56 SEP 11 JUN 11 753 12 148 7 0 43 TOWNSVILLE 3 ROCKHAMPTON 3 MAR 11 9 JUN 11 59 8 147 49 MAR 11 6 8 3 0 MEDIAN SALES DATA Suburb/ Number of Mar change 12 mths to change change TOWNSVILLE HOUSE SALES Locality Sales Mar Qtr over the end of over over Qtr 2012 2012 qtr Mar 2012 1yr 5yrs MACKAY UNIT SALES <$350,000 $350,000+ $500,000+ 00+ <$250,000 $250,000+ $350,000+ $500,000+ HOUSES continued MAR 12 190 ROCKHAMPTON LAND SALES 42 197 DOUGLAS ~ 26 $370,500 -3.8% $379,250 -9.7% 8.4% MAR 12 13<$250,000 17 $250,000+ 16 $350,000+ 4 GULLIVER 6 N/A N/A $297,500 -1.0% 13.1% DEC 11 172 181 37 0 0 MAR 12 DEC 11 117 8 12 20 5 1 1 HEATLEY 6 N/A N/A $285,000 -5.0% 9.6% SEP 11 179 181 41 HERMIT PARK 8 $352,500 8.5% $345,000 -7.4% 4.4% DEC 11 SEP 81 14 22 2 1 13 1 JUN 11 145 197 42 IDALIA ~ f 13 $508,000 3.7% $494,250 1.5% 17.1% JUN 11 SEP 11 72 9 18 1 4 5 6 KELSO ^ 9 $435,000 0.6% $429,000 -2.9% 11.4% MAR 11 145 162 42 MAR 11 JUN 11 56 11 20 1 1 8 2 KELSO ~ * 19 $286,000 7.9% $324,750 -3.1% 29.9% MAR 11 47 1 2 KIRWAN 62 $352,000 1.7% $351,500 -3.7% 9.8% MOUNT LOUISA 29 $380,000 -6.2% $400,000 -2.3% 15.9% TOWNSVILLE UNIT SALES CAIRNS HOUSE SALES MUNDINGBURRA 5 N/A N/A $375,250 3.1% 13.7% 0+ <$250,000 $250,000+ $350,000+ $500,000+ MACKAY LAND SALES $500,000+ <$350,000 $350,000+ NORTH WARD ~ f 3 N/A N/A $550,000 N/A -3.5% MAR 12 MAR 12 25 <$250,000 47 143 $250,000+ 113 $350,000+ 13 34 9 PIMLICO 5 N/A N/A $350,000 N/A 17.4% LAND PRICEPOINTS - SALES NUMBERS BY PRICE RANGE MAR11 DEC 12 109 40 30 0 9 30 5 RAILWAY ESTATE ~ 11 $358,000 27.9% $323,750 -4.8% 11.6% DEC 11 159 100 25 DEC 11 149 7 2 RASMUSSEN 13 $305,000 5.6% $302,500 3.9% 18.6% SEP 11 33 32 23 9 SEP 11 164 132 42 THURINGOWA CENTRAL ~ 6 N/A N/A $314,750 -15.1% 10.4% SEP 11 123 1 2 JUN 11 22 20 22 6 VINCENT 6 N/A N/A $279,500 -1.6% 14.1% JUN 11 121 92 27 JUN 11 69 3 1 MAR 11 26 29 19 10 WEST END ~ 15 $388,000 N/A $329,000 -11.1% 2.8% MAR 11 MAR 11 113 20 4 1 106 48 WULGURU 16 $302,500 6.9% $295,000 -7.1% 7.3% CAIRNS UNIT SALES SURROUNDS TOWNSVILLE LAND SALES <$250,000 $250,000+ $350,000+ $500,000+ BURDEKIN (LGA) ~ * 30 $277,500 6.1% $224,000 -10.4% 34.1% 00+ <$250,000 $250,000+ $350,000+ AYR * 16 $300,000 9.1% $255,000 0.0% 45.7% MAR 12 MAR 12 79 90 20 5 6 8 2 HOME HILL 9 $215,000 N/A $196,500 -5.1% 37.4% DEC 11 DEC 11 102 77 30 3 2 16 12 CHARTERS TOWERS (LGA) ~ 21 $235,000 N/A $230,000 12.2% 55.7% SEP 11 SEP 11 87 70 30 9 20 2 4 LISSNER 6 N/A N/A $195,000 -2.5% 30.0% JUN 11 JUN 11 56 71 24 6 17 1 9 MAR 11 MAR 11 41 66 3 30 2 10 10 HINCHINBROOK (LGA) 8 N/A N/A $250,000 0.2% 35.1% INGHAM ~ 4 N/A N/A $205,000 -13.7% 26.5% CAIRNS LAND SALES UNITS & TOWNHOUSES MEDIAN SALES DATA$250,000+ <$250,000 $350,000+ TOWNSVILLE CITY (LGA) - * f 94 $286,000 -6.4% $315,000 0.0% 12.5% Suburb/ Number of Mar change 12 mths to change change CONDON * 7 $329,000 N/A N/A N/A N/A MAR 12 Locality 43 Sales Mar Qtr over 6 the end of over 3 over Qtr 2012 2012 qtr Mar 2012 1yr 5yrs DOUGLAS * 9 $341,200 0.4% $340,000 N/A 6.8% DEC 11 53 3 2 HERMIT PARK 3 N/A N/A $232,500 -3.5% 23.5% HOUSES 4 TOWNSVILLE CITY 53 SEP 11 (LGA) 429 $360,000 0.0% $365,000 3 -2.0% 1 19.7% NORTH WARD ~ f 8 $301,500 -16.3% $315,000 -12.5% -10.0% TOWNSVILLE CITY 47 ^ (LGA) 43 $435,000 2.4% $425,000 -2.3% 14.9% SOUTH TOWNSVILLE * f 9 $390,000 -1.3% $380,020 -33.6% 15.2% JUN 11 32 AITKENVALE 3 N/A N/A $325,000 -5.5% 14.0% TOWNSVILLE CITY * f 11 $380,000 -6.7% $385,000 -18.5% -8.3% MAR 11 31 3 1 ALICE RIVER ^ 7 $455,000 1.1% $455,000 -3.7% 17.4% WEST END 10 $267,500 N/A N/A N/A N/A ANNANDALE 23 $405,000 -8.0% $440,000 -5.4% 8.4% BLACK RIVER ^ 5 $390,000 -4.9% $365,000 N/A 8.0% VACANT LAND BLUEWATER PARK ^ 6 $351,000 N/A $358,500 N/A 4.2% TOWNSVILLE CITY (LGA) * 100 $166,750 4.9% $161,500 0.9% 24.2% BOHLE PLAINS * 20 $407,500 -1.8% $422,500 -5.1% 6.7% TOWNSVILLE CITY (LGA) ^ 14 N/A N/A $223,500 -4.1% 59.6% BURDELL * 22 $410,000 -5.7% $412,500 -0.6% 44.9% BLACK RIVER ^ 5 $170,000 N/A N/A N/A N/A BUSHLAND BEACH 19 $395,000 -6.5% $412,000 0.8% 8.7% BOHLE PLAINS ~ * 11 $170,500 N/A $159,000 -6.5% 17.8% CONDON 10 $328,000 4.6% $305,000 -6.7% 7.4% BURDELL * 14 $171,000 -0.6% $169,150 0.4% 85.9% CRANBROOK ~ 12 $317,500 11.4% $310,000 -4.6% 12.7% BUSHLAND BEACH * 14 $156,500 1.0% $156,000 2.6% 35.7% CURRAJONG 11 $275,000 6.4% $276,000 -5.2% 2.2% DEERAGUN + * 0 N/A N/A $149,750 N/A 62.9% DEERAGUN * 18 $385,000 14.9% $371,950 6.3% 49.4% IDALIA * 3 N/A N/A $255,900 1.2% 38.3% Please see page 41 for legend and further notes March Quarter 2012
  • 36.
    36 TOWNSVILLE MEDIAN SALES DATA MEDIAN WEEKLY RENTS Suburb/ Number of Mar change 12 mths to change change Example Mar Qtr 2012 Mar Qtr 2011 Postcode Locality Sales Mar Qtr over the end of over over Suburb Rent New Rent New Qtr 2012 2012 qtr Mar 2012 1yr 5yrs ($) Bonds ($) Bonds VACANT LAND continued 3 BEDROOM HOUSES continued KELSO ~ * 5 $139,900 -8.5% $148,900 -0.3% 29.6% HINCHINBROOK SHIRE $260 38 $230 25 MOUNT LOUISA * 7 $165,000 -2.9% $174,000 2.4% 24.3% 4850 ABERGOWRIE $260 38 $230 25 MOUNT LOW * 20 $169,000 13.4% $161,000 4.5% 23.8% 2 BEDROOM UNITS MEDIAN WEEKLY RENTS TOWNSVILLE CITY $300 869 $290 780 Example Mar Qtr 2012 Mar Qtr 2011 Postcode 4810 BELGIAN GARDENS $325 428 $315 388 Suburb Rent New Rent New ($) Bonds ($) Bonds 4811 CLUDEN $350 43 $340 46 3 BEDROOM HOUSES 4812 CURRAJONG $260 197 $255 203 TOWNSVILLE CITY $350 771 $340 744 4814 AITKENVALE $280 102 $290 83 4810 BELGIAN GARDENS $360 83 $370 63 4815 CONDON $360 41 $230 14 4811 CLUDEN $350 34 $320 34 4817 ALICE RIVER $280 41 $275 38 4812 CURRAJONG $350 71 $350 71 4818 BEACH HOLM $260 6 n.a. 4 4814 AITKENVALE $350 221 $340 242 4819 ARCADIA $265 11 n.a. 4 4815 CONDON $330 118 $320 117 BURDEKIN SHIRE $190 50 $180 43 4816 ALLIGATOR CREEK $300 10 $280 11 4806 ARKENDEITH $190 5 $180 6 4817 ALICE RIVER $360 134 $350 127 4807 AIRVILLE $190 44 $185 36 4818 BEACH HOLM $350 84 $330 67 CHARTERS TOWERS REGIONAL $190 17 $185 25 4819 ARCADIA $300 16 $300 12 4820 ALABAMA HILL $190 17 $185 25 BURDEKIN SHIRE $250 66 $260 53 HINCHINBROOK SHIRE $180 26 $178 37 4806 ARKENDEITH $260 14 $240 14 4850 ABERGOWRIE $180 26 $178 37 4807 AIRVILLE $250 40 $260 33 4808 BRANDON $240 7 $230 5 2 BEDROOM TOWNHOUSES 4809 GIRU $200 5 n.a. 1 TOWNSVILLE CITY $295 57 $285 59 CHARTERS TOWERS REGIONAL $260 53 $260 48 4810 BELGIAN GARDENS $310 26 $300 26 4820 ALABAMA HILL $260 53 $260 48 4812 CURRAJONG $285 18 $280 21 4814 AITKENVALE $360 7 $280 8 4817 ALICE RIVER $350 5 n.a. 3 CAIRNS MACKAY House and unit markets Agents expect property prices to remain stable for the foreseeable future, while sales activity should gradually The second best performer for house price growth over return to healthier levels. the March quarter was Cairns, which recorded median growth of 4.5 per cent to $350,000. Local agents say A more favourable Australian dollar is also providing the region now represents excellent value with demand further stimulus for the Cairns tourism industry and, in increasing, especially in the upper end of the market. turn, the economy and property markets. Local agents say the market was finally starting to see Although a strong result for the house market was the re-emergence of confident buyers – however over the recorded over the quarter, Cairns’ unit market continues March quarter, it was the up-graders at the prestige end to struggle, with sales down 30 per cent. Its median unit of the market that were the most dominant, with sales in and townhouse price decreased1.2 per cent to $212,500 the $500,000-plus bracket up. over the period. Access to finance from banks is behind the shift, with Comments from various regional zone chairs, Cairns banks appearing to prefer clients with greater equity and included, say that units are proving difficult to sell, as serviceability, while loan applications at the affordable buyers are put off by the increased costs associated with end are falling over on bank valuations. owning a unit, such as body corporate fees, insurance levies and council rates. As a result, first home buyers are struggling to get their foot in the door. And while investors are only just re- As such, buyers end up seeing more value in buying a emerging, it is a marked improvement from 12 months house, with the ongoing servicing costs equalling that of ago when there was none at all. a unit. Please see page 41 for legend and further notes March Quarter 2012
  • 37.
    37 CAIRNS ROCKHAMPTON HOUSE SALES <$350,000 $350,000+ $500,000+ MEDIAN SALES DATA Vacant land market Suburb/ Number of Mar change 12 mths to change change MAR 12 215 102 25 Locality Sales Mar Qtr over the end of over over 27 Over the quarter, the Cairns vacant land market recorded Qtr 2012 2012 qtr Mar 2012 1yr 5yrs DEC 11 170 71 20 a slight slowdown in sales activity, with fewer land listings coming11 188 market. SEP onto the 91 22 HOUSES CAIRNS (LGA) ~ 290 $350,000 4.5% $350,000 -4.1% 7.7% 173 77 14 Whilst there are few listings available, local agents report JUN 11 CAIRNS (LGA) ^ ~ 13 $525,000 11.7% $590,000 -5.2% 12.9% reasonable 125 MAR 11 buyer enquiry levels, however affordable stock 69 21 BAYVIEW HEIGHTS ~ 10 $309,250 -10.6% $355,000 4.4% 6.0% is becoming scarcer. As a result, the overall median for BENTLEY PARK ~ 25 $340,000 21.4% $322,500 -0.5% 5.7% the region increased 6.7 per cent to $160,000 as sales BRINSMEAD 15 $370,000 -5.7% $390,000 -3.6% 2.6% numbers dropped off at Edmonton as well as a slight increase at comparatively HOUSE SALES Craiglie. MACKAY more expensive CLIFTON BEACH ~ f 4 N/A N/A $427,500 -8.1% 3.3% <$350,000 $350,000+ $500,000+ EARLVILLE 2 N/A N/A $310,000 2.6% 2.5% TOOWOOMBA LAND SALES EDGE HILL ~ ROCKHAMPTON-7.4% $413,500 -8.1% 8 $500,000 LAND SALES 11.0% HOUSE PRICEPOINTS - SALES NUMBERS BY PRICE RANGE MAR 12 ROCKHAMPTON UNIT SALES Rental market 53 169 76 ,000+ 00+ <$250,000 $250,000+ $350,000+ EDMONTON <$250,000 21 $318,000 2.5% $317,000 0.6% 9.3% $250,000+ $350,000+ DEC 11 <$250,000 58 178 $250,000+ $350,000+ 71 $500,000+ The Cairns rental market has also improved markedly with UNIT & TOWNHOUSE PRICE POINTS - SALES NUMBERS BY PRICE RANGE GORDONVALE ~ 11 $290,000 13.7% $275,000 0.5% 5.8% 8 MAR 12 66 3 0 MAR 12 117 1 1 it recording61 vacancy rate of 2.5 per cent as 7 the end SEP 11 15 MAR 12 a 148 20 56 at 1 HOLLOWAYS BEACH 11 $500,000 N/A $452,500 4.9% 13.8% of March11 59 DEC compared to 3.8 per cent at the same 2 0 period DEC 11 81 1 26.7% JUN 11 7 DEC 11 53 13 148 7 43 2 KEWARRA BEACH + 19 $405,500 $390,000 -1.5% 9.9% last year.11 54 from REIQ accredited agencies report SEP Agents 3 0 SEP 11 7 SEP 11 MANOORA ~ 72 4 N/A 1 4 N/A $242,500 -17.8% -6.7% MAR11 59 12 147 7 0 a recovery in the tourism industry which is improving 49 2 0 employment 41 JUN 11 MANUNDA 7 $275,000 N/A $275,000 -6.7% 1.7% 56 1 1 9 opportunities and therefore demand for JUN 11 JUN 11 8 3 3 rentalMAR 11 26 property. 3 1 MOOROOBOOL ~ MAR 11 47 15 $325,500 1 2 20.6% $315,000 -8.7% 10.5% MAR 11 6 8 3 0 TOWNSVILLE HOUSE SALES With low investor activity combined with first home MOUNT SHERIDAN 23 $325,000 -1.5% $325,000 -4.8% 3.2% REDLYNCH 16 $380,500 0.7% $384,000 -5.4% 0.8% buyers struggling to enter into home ownership, the <$350,000 $350,000+ $500,000+ Cairns rental market continues to LAND SALES FRASER COAST tighten. Demand for REDLYNCH ^ 6 $615,600 N/A $660,000 N/A -5.7% MACKAY LAND SALES MACKAY UNIT SALES is 190<$250,000 197 42 houses 12 strong, while less investor activity in the unit MAR SMITHFIELD 11 $320,000 -3.0% $340,000 -5.6% 13.5% ,000+ 00+ $250,000+ $350,000+ <$250,000 $250,000+ $350,000+ <$250,000 $250,000+ $350,000+ $500,000+ market is making supply levels tighter. DEC 11 172 181 37 TRINITY BEACH + * 13 $360,000 9.6% $360,000 -4.0% 3.6% MAR 12 38 01 MAR 12 109 9 0 MAR rent 17 16 Median12 13for a three-bedroom house increased $10 4 TRINITY PARK + ~ 12 $375,000 -1.3% $380,000 -1.3% 8.7% 3 SEP 11 179 181 41 DEC 11 33 per week to8$320 between March last year and 0 0 March this WHITE DEC 11 ROCK 149 6 N/A N/A $269,000 2 7-2.4% 5.5% 0 DEC 11 12 20 5 year. JUN 11 median rent for a two-bedroom unit 42 0 steady The11 145 SEP 35 197 was 2 SEP 11 WHITFIELD 123 10 $400,000 -3.6% 1 2 $423,500 -5.9% 1.4% SEP 11 14 22 13 1 at $250 11 145 same period. MAR over 26 the 162 JUN 11 2 0 42 JUN 11 69 3 1 JUN 11 9 18 5 6 SURROUNDS MAR 11 32 1 1 MAR 11 20 4 1 MAR 11 11 20 8 2 CASSOWARY COAST (LGA) ~ f 28 $242,500 4.3% $228,000 -12.3% -1.1% CASSOWARY COAST (LGA) ^ ~ 8 N/A N/A $310,000 -10.8% 4.2% CAIRNS HOUSE SALES TOWNSVILLE$350,000+ SALES BUNDABERG LAND $500,000+ <$350,000 UNIT SALES TOWNSVILLE LAND SALES TABLELANDS (LGA) ~ 47 $231,000 -9.6% $263,000 -11.2% 9.6% 0,000+ 0+ <$250,000 <$250,000 $250,000+ $350,000+ $350,000+ $250,000+ $500,000+ <$250,000 $250,000+ $350,000+ MAR 12 143 113 34 TABLELANDS (LGA) ^ ~ 31 $430,000 13.5% $385,000 -6.1% 10.0% ATHERTON ~ 90 8 2 MAR 12 MAR 12 12 25 57 MAR 47 13 2 9 0 15 $257,000 -0.4% $275,000 -14.1% 0.0% DEC 11 159 100 25 DEC 11 11 40 57 DEC 30 30 01 5 DEC 11 KURANDA ^ ~ 77 4 $420,000 16.7% 3 $362,500 2 -14.7% -13.7% SEP 11 164 132 42 MAREEBA ~ 13 $235,000 -11.0% $261,500 -6.3% 16.2% 0 SEPSEP 11 33 33 3 2 23 SEP 11 70 9 2 11 32 9 JUN 11 121 92 27 JUN 11 11 22 25 JUN 0 022 JUN 11 56 6 1 20 6 MAR 11 113 106 48 MAR 11 41 3 2 MAR 11 MAR 11 26 26 29 01 19 10 GLADSTONE LAND SALES CAIRNS UNIT SALES CAIRNS LAND SALES ,000+ 00+ <$250,000 <$250,000 $250,000+ $350,000+ $250,000+ $500,000+ $350,000+ <$250,000 $250,000+ $350,000+ 10 MAR 12 1279 MAR 24 22 20 3 5 6 MAR 12 43 6 3 DEC DEC 1110228 11 18 0 30 16 12 DEC 11 53 3 2 5 SEP 11 1187 SEP 75 30 20 4 27 4 SEP 11 53 1 3 JUN JUN 1171 11 52 24 17 9 0 14 JUN 11 47 32 MAR 11 1166 MAR 47 30 6 105 10 MAR 11 31 3 1 Please see page 41 for legend and further notes March Quarter 2012
  • 38.
    38 CAIRNS MACKAY MEDIAN SALES DATA MEDIAN WEEKLY RENTS Suburb/ Number of Mar change 12 mths to change change Example Mar Qtr 2012 Mar Qtr 2011 Postcode Locality Sales Mar Qtr over the end of over over Suburb Rent New Rent New Qtr 2012 2012 qtr Mar 2012 1yr 5yrs ($) Bonds ($) Bonds UNITS & TOWNHOUSES 3 BEDROOM HOUSES continued CAIRNS (LGA) - * f 110 $212,500 -1.2% $220,000 -17.0% -7.2% CASSOWARY COAST REGIONAL $280 107 $280 106 CAIRNS CITY * f 17 $270,000 -35.7% $407,500 -16.8% 10.4% 4849 CARDWELL $350 5 $300 11 CAIRNS NORTH * f 17 $215,000 -5.7% $225,000 -21.2% -11.8% 4852 BINGIL BAY $350 22 $320 22 CLIFTON BEACH * f 8 $220,000 -4.8% $230,000 -19.3% -23.3% 4854 BILYANA $300 13 $300 17 EARLVILLE 7 $233,000 N/A $247,000 -5.7% 60.8% 4858 COMOON LOOP $250 6 n.a. 4 MANOORA 8 $175,000 2.9% $170,000 3.0% -4.0% 4860 BAMBOO CREEK $270 58 $260 42 MANUNDA * 1 N/A N/A $140,000 -22.2% -9.7% TABLELANDS REGIONAL $280 186 $270 176 PALM COVE * f 3 N/A N/A $250,000 -26.5% -45.9% 4872 BARRINE $275 15 $260 8 PARRAMATTA PARK 3 N/A N/A $215,000 -15.7% -25.7% 4880 ARRIGA $280 46 $275 55 PORT DOUGLAS - * f 5 N/A N/A $300,000 0.0% -6.3% 4881 KOAH $350 17 $320 9 TRINITY BEACH - * f 3 N/A N/A $245,000 -12.7% -1.6% 4882 TOLGA $270 9 $290 9 4883 ATHERTON $280 51 $270 50 VACANT LAND 4884 LAKE BARRINE $285 14 $275 7 CAIRNS (LGA) ~ 52 $160,000 6.7% $165,000 -4.3% 22.2% 4885 BUTCHERS CREEK $260 16 $270 15 CAIRNS (LGA) ^ ~ 21 $150,000 N/A $190,000 -17.7% 15.2% 4887 HERBERTON $240 6 $250 6 CRAIGLIE 5 $160,000 N/A N/A N/A N/A 4888 EVELYN $265 12 $235 16 EDMONTON * 3 N/A N/A $120,200 -15.4% 33.6% MOOROOBOOL * 1 N/A N/A $182,500 N/A N/A 2 BEDROOM UNITS MOUNT SHERIDAN ~ * 5 $160,000 N/A $150,000 N/A 15.4% CAIRNS REGIONAL $250 1074 $250 1090 REDLYNCH * 3 N/A N/A $179,300 2.5% 29.0% 4868 BAYVIEW HEIGHTS $200 78 $230 79 SMITHFIELD ~ * 9 $130,500 2.2% $135,000 -22.9% -19.4% 4869 BENTLEY PARK $220 14 $210 14 TRINITY BEACH + * 1 N/A N/A $170,000 0.9% -7.1% 4870 AEROGLEN $250 662 $250 680 TRINITY PARK + * 1 N/A N/A $186,500 -2.6% 13.4% 4873 BAILEY CREEK $190 19 $180 14 4877 CRAIGLIE $260 59 $255 59 SURROUNDS 4878 BARRON $255 93 $250 90 CASSOWARY COAST (LGA) ~ 9 N/A N/A $106,250 -24.1% -3.4% 4879 BUCHAN POINT $270 144 $260 150 CASSOWARY COAST (LGA) ^ 8 N/A N/A $144,000 -17.7% 20.0% CASSOWARY COAST REGIONAL $235 91 $215 81 4849 CARDWELL $240 10 $200 6 TABLELANDS (LGA) ~ * 22 $85,000 -1.4% $85,000 -18.5% 9.0% 4852 BINGIL BAY $280 27 $265 22 TABLELANDS (LGA) ^ ~ 20 $205,000 14.5% $185,000 0.0% 37.0% 4854 BILYANA $250 14 $240 13 ATHERTON 5 $115,000 9.5% N/A N/A N/A 4860 BAMBOO CREEK $180 38 $190 37 MAREEBA ~ * 9 $85,000 0.0% $87,500 -11.6% 25.4% TABLELANDS REGIONAL $200 83 $190 83 MAREEBA ^ 6 $170,000 N/A $152,500 -11.1% 7.0% 4880 ARRIGA $200 33 $190 26 4881 KOAH $250 8 $200 6 4883 ATHERTON $200 34 $200 38 MEDIAN WEEKLY RENTS Example Mar Qtr 2012 Mar Qtr 2011 2 BEDROOM TOWNHOUSES Postcode Suburb Rent New Rent New CAIRNS REGIONAL $230 138 $230 134 ($) Bonds ($) Bonds 4868 BAYVIEW HEIGHTS $215 13 $215 12 3 BEDROOM HOUSES CAIRNS REGIONAL $320 511 $310 551 4869 BENTLEY PARK $200 12 $200 17 4861 BABINDA $250 7 $250 5 4870 AEROGLEN $240 58 $240 53 4865 GOLDSBOROUGH $295 20 $300 17 4877 CRAIGLIE $230 8 $250 15 4868 BAYVIEW HEIGHTS $310 93 $300 95 4878 BARRON $220 31 $230 21 4869 BENTLEY PARK $290 56 $280 64 4879 BUCHAN POINT $260 15 $270 14 4870 AEROGLEN $330 162 $325 187 CASSOWARY COAST REGIONAL $275 6 $220 5 4873 BAILEY CREEK $260 23 $260 16 4877 CRAIGLIE $360 22 $350 12 4878 BARRON $330 47 $320 64 4879 BUCHAN POINT $365 81 $340 91 Please see page 41 for legend and further notes March Quarter 2012
  • 39.
    39 OTHER REGIONAL Queensland’s regionalareas continue to be a tale of the Likewise, Moranbah in the Isaac local government area, robust resource centres with most locations associated posted median house price growth of 88.7 per cent over with mining posting median house price growth over the same period. Its median house, however, is currently the March quarter. This rapid property price growth is a much pricier $750,000. most apparent when you look at the median house price Other regions to post property price growth of more than changes over the past five years. 50 per cent over the past five years include Dysart, up 59.7 For example, the median house price in Miles in the per cent; Blackwater, up 51.3 per cent; and nearly every Western Downs Regional Council Area - near the single suburb in Gladstone. burgeoning Surat Basin Energy Province - has increased By comparison the Brisbane median house price has a staggering 83.9 per cent since the year ending March increased by 29 per cent over the past five years. 2007. Its median house price over the year ending March 2012 was $285,000. MEDIAN SALES DATA MEDIAN WEEKLY RENTS Suburb/ Number of Mar change 12 mths to change change Example Mar Qtr 2012 Mar Qtr 2011 Postcode Locality Sales Mar Qtr over the end of over over Suburb Rent New Rent New Qtr 2012 2012 qtr Mar 2012 1yr 5yrs ($) Bonds ($) Bonds HOUSES 3 BEDROOM HOUSES SOUTH WEST MARANOA REGIONAL $410 56 $330 54 MARANOA (LGA) ~ 31 $325,000 6.6% $273,750 -2.2% 37.6% 4455 ANGELLALA $450 46 $340 47 ROMA ~ 26 $339,000 2.7% $290,000 0.0% 34.9% MOUNT ISA CITY $500 85 $470 79 4825 ALEXANDRIA $500 85 $470 79 MURWEH (LGA) 10 N/A N/A $146,750 12.9% 41.1% COOK SHIRE $250 44 $260 39 CHARLEVILLE ~ 8 $172,500 13.3% $152,125 8.7% 34.6% 4871 ALMADEN $250 33 $250 30 4895 BLOOMFIELD $300 11 $300 9 CENTRAL WEST LONGREACH (LGA) 4 N/A N/A N/A N/A N/A LONGREACH 4 N/A N/A $222,500 -7.3% 58.9% 2 BEDROOM UNITS MARANOA REGIONAL $230 22 $220 17 NORTH WEST 4455 ANGELLALA $250 20 $220 17 MOUNT ISA (LGA) ~ 45 $360,000 6.7% $350,000 0.0% 37.3% MOUNT ISA CITY $350 82 $320 93 HEALY 6 N/A N/A $405,000 -0.5% 24.2% 4825 ALEXANDRIA $350 82 $320 93 PARKSIDE 6 N/A N/A $321,250 N/A 39.7% COOK SHIRE $240 13 n.a. 3 SOLDIERS HILL ~ 7 $370,000 13.8% $354,000 7.3% 36.2% 4895 BLOOMFIELD $240 11 n.a. 3 SUNSET ~ 8 $350,500 14.9% $327,000 -5.5% 25.8% TOWNVIEW 7 $355,000 N/A $355,000 -0.7% 42.0% VACANT LAND SOUTH WEST MARANOA (LGA) ~ * 3 N/A N/A $150,000 26.6% 222.6% ROMA ~ * 1 N/A N/A $150,000 25.0% 87.5% Please see page 41 for legend and further notes March Quarter 2012
  • 40.
    40 rental market indicators GROSS RENTAL YIELDS VACANCY RATES HOUSES UNITS ALL RENTALS QUARTER Mar-12 Dec-11 Mar-12 Dec-11 END OF MONTH Mar-12 Dec-11 Mar-11 SOUTH EAST QUEENSLAND SOUTHEAST QUEENSLAND BRISBANE CITY 4.1% 4.0% 4.9% 5.0% Brisbane SD 2.7% 2.4% 2.5% IPSWICH CITY 4.9% 4.8% 5.4% 5.1% Brisbane City 2.1% 2.3% 2.3% LOGAN CITY 4.9% 4.8% 5.2% 4.7% Brisbane Inner (0-5km) 1.6% 1.4% 1.9% MORETON BAY 4.5% 4.3% 4.2% 4.4% Brisbane Remainder 2.4% 2.8% 2.6% REDLAND CITY 4.4% 4.4% 4.1% 5.1% Brisbane Surrounds² 3.1% 2.5% 2.7% GOLD COAST CITY 4.7% 4.5% 5.1% 5.1% Ipswich City 2.8% 2.8% 3.0% SUNSHINE COAST 4.4% 4.2% 4.7% 4.3% Logan City 2.7% 1.8% 2.5% MAJOR REGIONAL CENTRES Moreton Bay Regional 3.2% 3.1% 2.7% TOOWOOMBA 5.0% 4.6% 4.5% 4.6% Caboolture * 4.5% 5.1% 3.3% FRASER COAST 5.0% 4.8% 4.0% 4.1% Pine Rivers 2.5% 1.2% 1.5% BUNDABERG 5.1% 4.8% 4.3% 3.8% Redcliffe 2.8% 3.9% 3.1% GLADSTONE 5.0% 4.5% 5.3% 3.5% Redland City 3.9% 2.3% 2.6% ROCKHAMPTON 5.4% 5.2% 4.5% 4.8% Mainland 3.5% 1.7% 1.8% MACKAY 5.6% 4.9% 4.8% 5.0% Bay Islands 9.1% 6.3% 8.0% TOWNSVILLE CITY 4.9% 4.6% 4.7% 4.6% Gold Coast City 5.2% 4.5% 4.2% CAIRNS 4.7% 4.7% 6.3% 5.8% Sunshine Coast Regional 4.9% 4.6% 3.2% OTHER REGIONAL AREAS Caloundra Coast 5.3% 3.5% 3.9% BANANA 6.4% 6.6% N/A N/A Maroochy Coast 4.2% 3.2% 2.2% BURDEKIN 5.2% 5.9% N/A N/A Noosa Coast 4.1% 5.2% 3.5% CASSOWARY COAST 6.3% 7.8% N/A N/A Hinterland 6.0% 9.4% 4.4% CENTRAL HIGHLANDS 7.0% 7.1% 6.3% 6.9% MAJOR REGIONAL CENTRES GOONDIWINDI 8.0% N/A N/A N/A Bundaberg Regional 4.3% 3.0% 3.7% GYMPIE 4.6% 4.9% N/A N/A Cairns Regional 3.7% 3.1% 2.8% ISAAC 15.3% 10.2% N/A N/A Fraser Coast Regional * 4.9% 5.8% 3.8% MARANOA 6.8% 6.6% N/A N/A Hervey Bay 2.3% 3.6% 3.8% MOUNT ISA 7.7% 7.4% N/A N/A Maryborough 5.7% 6.3% 3.8% MURWEH 7.6% N/A N/A N/A Gladstone Regional 0.6% 0.7% 1.5% NORTH BURNETT 9.3% N/A N/A N/A Mackay Regional 1.6% 1.0% 0.7% SCENIC RIM 4.7% 4.2% N/A N/A Rockhampton Regional 2.0% 1.2% 0.9% SOUTH BURNETT 5.7% 5.7% N/A N/A Toowoomba Regional 1.6% 1.7% 2.1% SOUTHERN DOWNS 4.8% 4.8% N/A N/A Townsville/Thuringowa 3.7% 2.5% 2.3% TABLELANDS 5.7% 5.2% N/A N/A OTHER REGIONAL AREAS WESTERN DOWNS 5.3% 6.0% N/A N/A Gympie Regional 5.9% 3.9% 3.1% WHITSUNDAY 5.4% 5.6% 6.7% 3.3% Southern Downs Regional 2.3% N/A 3.7% Tablelands Regional 4.5% 4.7% 2.6% Please see page 41 for legend and further notes March Quarter 2012
  • 41.
    REIQ research explanatorynotes 41 SALES DATA RENTAL DATA All figures are preliminary and are subject to further All rental data is collated by postcode. Where no postcode revision. Only suburbs to record sufficient sales numbers or region is listed, insufficient new bonds were lodged in have been included (see Research Methodology). order to calculate a reliable statistic. N/A No preliminary estimate available due to insufficient Where there is a relatively small number of bond sales numbers lodgements median rent values are less reliable and should be used with caution. (LGA) Local Government Area n.a. Not Available (the number of new bonds lodged was Brisbane (SD)– Brisbane Statistical Division which too small to provide a reliable estimate) includes the LGA’s of Brisbane City, Ipswich City, Logan City, Moreton Bay Regional and Redland City. Source: Residential Tenancies Authority, Rental Bond lodgements (RTA) ^ Denotes acreage sales - on land size greater than www.rta.qld.gov.au 2,400m². All other house and land sale statistics are based on land size under 2,400m². Unit and townhouse GROSS RENTAL YIELDS data includes sales of residential building units and group titled properties. House yields based upon REIQ median house prices and RTA weighted median weekly rent for houses. ~ Medians affected by varying quality of stock sold Unit yields based upon REIQ median unit & townhouse * Medians affected by varying quantities of new prices and RTA weighted median weekly rent for units properties sold and townhouses. f Medians affected by varying quantities of waterfront properties sold VACANCY RATES t Medians affected by varying quantities of townhouses ¨Based upon all residential rentals as at the end of the sold month g Sales volumes and median affected by QLD government * High vacancy rate due to new residential unit releases acquisitions in the area n/a Not previously collated G Sales volumes and median affected by QLD government sales in the area N/A Insufficient sample size reported in order to calculate a reliable statistic + Due to the nature of properties in this suburb, some group titled property sales have been included NB Where no region or vacancy rate is listed, insufficient surveys were received in order to calculate a reliable - Due to the nature of properties in this suburb, some statistic group titled property sales have been omitted Source: REIQ Residential Rental Survey 1 Medians affected by varying volumes of sales on the bay islands and mainland Queensland Market Monitor is published by The Real Estate Institute of Queensland (REIQ). PRICE POINT GRAPHS ABN 49 009 661 287 Disclaimer: The information contained in this publication, while based on information believed reliable, is not guaranteed. Nor is any of it tendered by way of investment advice; instead, it is All figures are preliminary based upon sales intended only to inform and illustrate. No reader should act on the basis of any matter contained records available as at the time of reporting for each in this publication without considering and if necessary taking appropriate professional advice with regards to their own particular circumstances. The publisher and editor give no representations corresponding quarter and are subject to further revision. and make no warranties, express or implied, with respect to the accuracy or completeness of any Comparisons between quarters should be used as a of the material (including statistics, advertisements and advertising features) contained in this guide only. Data supplied by PriceFinder. publication. The publisher and editor expressly disclaim any and all liability to the reader, whether a purchaser of this publication or not, in respect of anything and the consequences of anything done or omitted to be done by any such person in reliance, whether whole or partial, upon the whole or any part of the contents of this publication. The publisher, editor or contributors will enter into no SOURCE: REIQ, Data obtained from PriceFinder (www.pricefinder.com.au). correspondence in relation to this publication. The mention of the company, organisation, person, investment strategy or technique does not imply endorsement by the publisher. The publisher Enquiries about the reproduction of part or all of the information should be has not vetted advertisers and their products/services. The inclusion of advertisements or special directed to the Marketplace Strategy Division, REIQ. advertising features in this publication does not imply endorsement of the advertiser/s or their products/services by the publisher. Articles are published in reliance upon the representations Based on or contains data provided by the State of Queensland and warranties of the authors of the articles and without knowledge of any infringement of any third (Department of Environment and Resource Management) 2012. In party’s copyright. Copyright: This publication is protected under the Commonwealth Copyrights consideration of the State permitting use of this data you acknowledge Act 1968 and may not, in whole or part, be lent, copied, photocopied, reproduced, translated or reduced to any electronic medium or machine-readable format without the express permission of the and agree that the State gives no warranty in relation to the data publisher. For permissions or reprints, contact the Corporate Affairs Division on phone 07 3249 7347. (including accuracy, reliability, completeness, currency or suitability) and accepts no liability (including without limitation, liability in negligence) for Data report date: 8 May 2012 Published date: 8 June 2012 any loss, damage or costs (including consequential damage) relating to any use of the data. Data must not be used for direct marketing or be used The Real Estate Institute of Queensland in breach of the privacy laws. Ltd. Copyright © 2012 21 Turbo Drive, Coorparoo, PO Box 1555, Coorparoo DC Q 4151 Ph: (07) 3249 7347 Fax: (07) 3249 6211 Email: research@reiq.com.au Please see page 41 for legend and further notes March Quarter 2012
  • 42.
    your state-wide propertyresearch guide | suburb by suburb MARKET QUEENSLAND REIQ REAL ESTATE INSTITUTE QUEENSLAND MONITOR Queensland Market Monitor is a quarterly, electronic publication entirely focused on residential sales and Each edition includes: rental research data for regions throughout the State, on • Median sale prices for houses, units/townhouses a suburb-by-suburb basis. It meets the high standards for and land; accurate data and reliable analysis that you have come to • Median weekly rents for houses and units/ expect from the REIQ. townhouses; This detailed level of information will enable you to conduct • Gross rental yields; valuable comparisons between various regions and market • Rental vacancy rates; segments, and to ensure you are completely informed of all • Useful charts and graphs; and the latest market trends and fluctuations. • Analytical market commentary. Yes! I would like to subscribe to the Queensland Market Monitor I would like a two-year subscription (8 issues) for $120* I would like a one-year subscription (4 issues) for $70* * All prices include GST Please start with or please include the following back 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 purchase This purchase is on behalf of a company I wish to pay by: [ ] Cheque or [ ] Money order payable to the REIQ Did you know Please debit my: [ ] MasterCard [ ] Visa [ ] AMEX *4 digit CCV number Name on card: reiq.com has over 90,000 Card number: Queensland properties Amount: $ Expiry date: / CCV# for sale and rent? Signature: You can How did you hear about us? find out more at Fax: 07 3249 6201 | Phone: 07 3249 7301 Email: research@reiq.com.au Postal Address: PO Box 1555, Coorparoo DC QLD 4151 Q OFFICE USE ONLY. ID_______________ INV_______________ AUTH ______________ DATE_______________ SENT_______________