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your state-wide property research guide suburb by suburb 
REIQ 
QUEENSLAND MARKET MONITOR ISSUE 24 
SEPT QTR 2014 
>p2 
QMM STATE-WIDE COMMENTARY 
Proudly supported by 
CONFIDENCE 
SPREADS TO 
REGIONAL QLD 
While residential real estate markets south of the border 
are reportedly coming to, if not already at their peak, 
Queensland is some way off that point. Sales activity in 
Southeast Queensland (SEQ) continues to strengthen, 
while the state’s key regional centres are beginning to 
reap the benefits of growing confidence across the state. 
Listing numbers have begun to improve, a sign that 
vendors are becoming increasingly confident about 
current selling conditions. However, local agents 
still report a shortage of supply in some areas and 
price segments. 
Average days on market and average vendor discounting 
have improved markedly in most regions compared to a 
year ago. These conditions, combined with strong sales 
activity, have seen SEQ, Toowoomba and Cairns enter a 
rising house market. 
Townsville has now joined the Fraser Coast in recovery 
mode, with Gladstone and Bundaberg also entering a 
recovery phase. Local agents are reporting Rockhampton 
is at the bottom of the cycle, while Mackay appears to 
be stabilising.
REIQ RESEARCH EXPLANATORY NOTES 
SALES DATA 
All figures for the most recent quarterly and yearly periods 
are preliminary only and subject to further revision as 
additional sales records become available (see Research 
Methodology online at reiq.com). 
As of the June quarter 2013, all sales data includes 
"Recent Sales" as advised by real estate agents as 
well as official records as advised by DNRM. As such 
comparisons with figures published prior to the June 
quarter 2013 should be done with caution. 
A median sale price is derived by arranging a set of sale 
prices from lowest to highest and then selecting the 
middle value within this set (ie the 50th percentile, where 
half of recorded sales were less and half were higher than 
the median). 
Only suburbs and regions to record sufficient sales 
numbers are published. 
N/A 
Due to insufficient sales numbers (as at the time of data 
extraction) no median sale price has been calculated 
(LGA) Local Government Area 
Brisbane 
(SD) 
Brisbane Statistical Division which comprises the LGA’s 
of Brisbane City, Ipswich City, Logan City, Moreton Bay 
Regional and Redland City 
# Figures based upon the new council boundaries 
^ 
Indicates acreage sales only (with land size greater than 
2400m2). All other data is based upon sales with a land 
size of less than 2400 m2 
~ 
Median price changes influenced by varying quality of 
stock sold 
* 
Median price changes influenced by varying quantities 
of new properties sold 
f 
Median price changes influenced by varying quantities 
of waterfront properties sold 
t 
Medians affected by varying quantities of townhouses 
sold 
G 
Sales volumes and median affected by QLD government 
sales in the area eg ULDA, NRAS sales. 
Y Median affected by high yielding property sales 
1 
Median price changes influenced by the varying 
volumes of sales between the Mainland and Bay Islands 
areas 
RENTAL DATA 
All median weekly rents are published on a postcode 
basis, as calculated by the Residential Tenancies 
Authority, where sufficient data is available. 
Caution should be exercised when interpreting any 
median rental price data based upon a relatively small 
number of new bond lodgements. 
Figures for the new LGA's available for the current 
quarter only. 
L 
Listed localities (or suburbs) represent one of potentially 
several that fall within that postcode. 
N.A. 
Due to insufficient new bond lodgements, no median 
rental price has been calculated 
Source: Residential Tenancies Authority, Rental Bond lodgements 
(www.rta.qld.gov.au) 
2 QUEENSLAND MARKET MONITOR 
PRICE POINT GRAPHS 
All data contained within these graphs represent 
preliminary sales numbers and are subject to revision as 
additional sales records become available. 
The data excludes any recent sales transactions where the 
contract sale price was not disclosed. 
The intention of these graphs is to gauge trends in sales 
activity between periods in lieu of actual final sales results 
Source: REIQ, data obtained from RPData (www.rpdata.com.au). Enquiries 
about the reproduction of part or all of the information should be directed 
to the Corporate Affairs Division, REIQ. 
GROSS RENTAL YIELDS 
House yields are based upon REIQ median house prices 
and RTA weighted median weekly rent for houses. 
Unit yields are based upon REIQ median unit & 
townhouse prices and RTA weighted median weekly rent 
for units and townhouses. 
VACANCY RATES 
All figures are based upon all residential rentals as at 
the end of each quarterly period, as submitted by REIQ 
accredited agents. 
A vacancy rate of 3 per cent is generally considered to 
indicate equilibrium of supply and demand within a 
rental market. 
N/A 
Due to insufficient information received no vacancy rate 
has been calculated 
Source: REIQ Residential Rental Survey 
ON THE MARKET INDICATORS 
At the time of publication, latest information available 
was for the 12 months ending the month prior to the 
current period. 
"Days on Market" is calculated as the average number of 
days it has taken to sell those properties sold by private 
treaty sale during the 12 month period. The calculation 
excludes auction listings and listings where an asking 
price is not advertised. The days on market calculation 
uses the contract date on the property compared with the 
first advertised date. 
"Vendor Discount" is the average difference between the 
contract price on a property and the first advertised price. 
The figure is expressed as a percentage and is an average 
of all private treaty sales which sold for less than their 
initial asking price during the last 12 months. Auction 
listings and listings without an advertised asking price 
are excluded from the calculation. 
"Total Listings" is the total unique number of properties 
that have been advertised for sale and captured by 
RP Data over the 12 month period. To be included 
in the count, the listings have to be matched to an 
actual address. 
"% Stock on Market" is the percentage of dwellings within 
the suburb or local government area that have been listed 
for sale over the past year. 
Source: CoreLogic RP Data (www.corelogic.com.au)
3 
STATE-WIDE SUMMARY 
HOUSE MARKET 
House sales activity across SEQ continued to improve over 
the September quarter, with preliminary sales numbers 
up five per cent across Greater Brisbane. The Gold and 
Sunshine Coasts recorded an increase of seven and three 
per cent respectively. 
Cairns saw sales volumes for both the house and unit 
markets increase by more than 30 per cent, with the 
city also recording the greatest improvement in average 
vendor discounting outside of SEQ. Toowoomba shared 
equal honours for the greatest drop in days on market 
compared to a year ago. 
These six regions have now recorded consecutive quarterly 
increases in sales volumes and with strong increases 
in their respective median house prices over the year to 
September. They are clearly beginning to enter the rising 
segment of the property cycle. 
The Fraser Coast on the other hand saw sales activity 
remain relatively stable over the quarter, a trend seen 
over the corresponding period last year. All other market 
indicators, however, point to a recovery in the local 
house market. The region posted the second greatest 
improvement in days on market, with houses selling 12 
days quicker than they did this time last year. 
Townsville’s house market has bounced back after a 
very lacklustre June quarter, with sales volumes over the 
September quarter up 27 per cent – taking preliminary 
house sale numbers to their highest level so far 
this decade. 
Mackay and Gladstone both recorded strong sales 
activity for the quarter, however both regions are still 
seeing a softening in median house prices. Local agents 
in Gladstone report that the residential sales market is 
normalising following an exceptionally high volume of 
activity in the past few years. 
UNIT MARKET 
Unit and townhouse markets across SEQ and many 
other parts of the state continue to improve. While overall 
preliminary sales numbers were up across all price points, 
the strongest increase in sales was recorded in the sub- 
$250,000 (up 20 per cent) and million-dollar plus price 
point (up 21 per cent). 
Greater Brisbane’s unit market outperformed house sales, 
with volumes up 11 per cent over the quarter on the back 
of strong results in the Logan and Ipswich regions. 
The Cairns unit market performed very strongly over the 
September quarter, with unit sales in the sub-$250,000 
recording the highest increase in buyer activity. This 
contributed to the region’s drop in median sale price for 
that period. 
Toowoomba also continues to record strong sales activity, 
with volumes up 21 per cent on the June quarter and the 
median sale price posting a healthy 2.5 per cent increase 
over the same period. 
SEPTEMBER QUARTER 2014 
REIQ 
TABLE OF CONTENTS 
Queensland market update 1 
REIQ Explanatory notes 2 
Brisbane market updates 
Brisbane City 6 
Greater Brisbane 11 
Regional market updates 
Gold Coast 16 
Toowoomba 19 
Sunshine Coast 21 
Fraser Coast 23 
Bundaberg 25 
Gladstone 27 
Rockhampton 28 
Mackay 30 
Townsville 32 
Cairns 34 
Other Regional 36 
On The Market Indicators 37 
Total Listings 
% Stock on Market 
Average Vendor Discount 
Average Days on Market 
Rental Market Indicators 38 
Gross rental yields 
Residential vacancy rates 
3 QUEENSLAND MARKET MONITOR 
STATE-WIDE 
SUMMARY CONTINUED 
... key regional 
centres are 
beginning 
to reap the 
benefits of 
growing 
confidence 
across the 
state.
STATE-WIDE SUMMARY 
BRISBANE HOUSE MARKETS 
September Qtr 2014 
Brisbane 
Redland 
Logan 
With activity typically RISING 
lagging the house market by at least 
one quarter in most regions, the unit markets across most 
major Moreton centres Bay 
are beginning to enjoy improving overall 
market conditions. 
Ipswich 
Properties are selling quicker and average vendor 
discounting is coming down in SEQ, along with the likes 
of Cairns and the Fraser Coast. Toowoomba, Rockhampton 
and Townsville have likewise seen improvements in their 
on the market statistics over the year to September. 
QUEENSLAND HOUSE MARKETS 
September Qtr 2014 
RISING 
Brisbane SD 
Toowoomba 
Gold Coast 
Sunsine Coast 
Cairns 
Fraser Coast 
Townsville 
4 QUEENSLAND MARKET MONITOR 
FALLING 
RECOVERING STABILISING 
Source: REIQ 
FALLING 
RECOVERING STABILISING 
Mackay 
Gladstone 
Bundaberg Rockhampton 
Source: REIQ 
HOUSES (<2400) UNITS & TOWNHOUSES VACANT LAND (<2400) 
LGA MEDIAN 
SALE PRICE 
QTRLY 
CHANGE 
SALES 
ACTIVITY 
CHANGE 
MEDIAN 
SALE PRICE 
QTRLY 
CHANGE 
SALES 
ACTIVITY 
CHANGE 
MEDIAN 
SALE PRICE 
QTRLY 
CHANGE 
SALES 
ACTIVITY 
CHANGE 
GREATER BRISBANE 
BRISBANE SD $465,500 -1.0% 5% $384,900 -1.3% 11% $215,000 -0.3% -8% 
BRISBANE $580,000 0.9% 3% $420,000 0.6% 7% $335,000 -0.2% 3% 
IPSWICH $300,000 0.0% 4% $242,000 -16.5% ~ t 24% $168,177 -3.9% -26% 
LOGAN $341,000 -0.9% 14% $241,000 4.8% 41% $188,000 -3.6% ~ -35% 
MORETON BAY $382,250 -1.4% 8% $319,450 -0.2% 10% $210,825 -1.9% -17% 
REDLAND $468,000 -0.2% 3% $356,750 6.5% 3% $51,000 -27.1% ~ b 57% 
TOURISM CENTRES 
GOLD COAST $495,000 -3.9% ~ 7% $340,000 -2.9% 5% $234,000 -0.4% 3% 
SUNSHINE COAST $473,500 1.2% 3% $342,500 -1.8% 3% $242,000 3.0% -26% 
NOOSA $522,500 -5.7% ~ 13% $395,000 9.4% ~ 5% $247,750 -8.2% 13% 
FRASER COAST $286,500 0.5% 0% $240,000 -5.9% -9% $150,000 15.4% ~ 14% 
CAIRNS $379,000 -0.5% 38% $210,000 -5.4% 34% $203,500 19.7% ~ 42% 
REGIONAL CENTRES 
BUNDABERG $268,995 -5.3% 19% $235,000 -12.1% ~ 62% $144,000 0.0% 24% 
GLADSTONE $374,000 -4.1% 11% $370,000 12.1% ~ t -19% $214,000 25.9% ~ -6% 
MACKAY $391,000 -1.0% 14% $301,030 -1.3% 188% $206,000 6.7% ~ -33% 
ROCKHAMPTON $305,000 -3.6% 6% $415,000 -0.6% 47% $183,900 7.9% ~ 109% 
TOOWOOMBA $339,500 1.0% 4% $279,000 2.5% 21% $156,500 -2.7% ~ 139% 
TOWNSVILLE $340,000 -5.6% ~ 27% $251,750 -6.8% ~ -18% $161,900 3.8% 27% 
ON THE 
MARKET" HOUSES (ALL) UNITS (ALL) 
LGA 
STOCK 
ON 
MARKET 
DAYS ON 
MARKET 
VENDOR 
DISCOUNT 
STOCK 
ON 
MARKET 
DAYS ON 
MARKET 
VENDOR 
DISCOUNT 
GREATER BRISBANE 
BRISBANE 6.4% 57 -5.5% 6.4% 66 -4.8% 
IPSWICH 7.0% 82 -6.5% 10.3% 117 -7.4% 
LOGAN 7.2% 76 -5.8% 10.8% 101 -6.3% 
MORETON BAY 7.3% 73 -5.4% 9.3% 100 -5.5% 
REDLAND 8.4% 70 -5.7% 9.5% 90 -5.3% 
TOURISM CENTRES 
GOLD COAST 7.7% 72 -6.0% 9.1% 93 -6.7% 
SUNSHINE COAST 9.0% 90 -5.9% 9.6% 106 -6.4% 
FRASER COAST 9.5% 109 -7.6% 8.0% 97 -7.6% 
CAIRNS 6.7% 71 -5.8% 11.1% 118 -6.6% 
REGIONAL QLD 
BUNDABERG 8.3% 89 -7.5% 11.1% 138 -8.0% 
GLADSTONE 7.9% 114 -9.8% 7.2% 130 -11.3% 
MACKAY 7.2% 95 -9.0% 7.9% 129 -12.9% 
ROCKHAMPTON 7.8% 94 -8.0% 7.7% 112 -6.6% 
TOOWOOMBA 8.7% 62 -4.5% 8.9% 76 -4.3% 
TOWNSVILLE 7.1% 89 -7.4% 10.3% 126 -9.4% 
" Figures are for the 12 months ending August 2014
5 
STATE-WIDE SUMMARY 
RENTAL TRENDS^ MEDIAN WEEKLY RENT GROSS RENTAL YIELDS 
LGA 3-BED HOUSE 2-BED FLAT 3-BED TOWNHOUSE HOUSES UNITS 
GREATER BRISBANE 
BRISBANE CITY $415 UP $400 UP $405 STEADY 3.7% DOWN 5.0% STEADY 
IPSWICH CITY $300 UP $250 STEADY $310 UP 5.2% STEADY 5.4% UP* 
LOGAN CITY $340 UP $260 STEADY $335 UP 5.2% STEADY 5.6% STEADY 
MORETON BAY $340 UP $270 STEADY $335 STEADY 4.6% STEADY 4.4% DOWN 
REDLAND CITY $380 STEADY $330 STEADY $390 UP 4.2% STEADY 4.8% STEADY 
TOURISM CENTRES 
GOLD COAST CITY $430 UP* $360 UP $385 UP 4.5% STEADY 5.5% STEADY 
SUNSHINE COAST** $400 UP* $320 UP $370 DOWN 4.4% STEADY 4.9% UP* 
NOOSA $420 UP* $360 UP* $490 UP* 4.2% 4.7% 
FRASER COAST $280 STEADY $235 UP $325 UP* 4.8% STEADY 6.9% UP* 
CAIRNS $350 UP $280 UP $350 DOWN 5.1% DOWN 5.1% DOWN 
REGIONAL QLD 
BUNDABERG $285 STEADY $230 STEADY $320 UP* 5.5% UP 5.1% DOWN 
GLADSTONE $320 DOWN* $250 DOWN* $350 DOWN* 4.4% STEADY 3.5% DOWN* 
MACKAY $345 DOWN* $250 DOWN* $350 DOWN* 4.6% DOWN 4.3% UP* 
ROCKHAMPTON $300 DOWN* $230 DOWN* $300 DOWN* 5.1% STEADY 2.9% DOWN* 
TOOWOOMBA $300 UP $240 UP $295 UP* 4.6% DOWN 4.5% DOWN* 
TOWNSVILLE $320 DOWN* $265 DOWN $330 DOWN* 4.9% STEADY 5.5% DOWN* 
FOR FULL ON THE MARKET AND RENTAL MARKET STATISTICS 
BY LOCAL GOVERNMENT AREA, SEE PAGE 37-38 
SEPTEMBER QUARTER 2014 
RENTAL MARKET 
The REIQ’s latest Residential Rental Survey, conducted 
at the end of September, found vacancy levels remain 
relatively steady across most parts of the state. Only four 
of the 16 major regions recorded a significant change in 
vacancy levels. 
Outside Queensland’s resource centres, rental conditions 
remain tight across all other major regional centres. The 
Sunshine Coast again posted the State’s tightest vacancy 
rate of one per cent at the end of September. 
Latest figures from the RTA also point to some movements 
in median weekly rents. This is in line with trends showing 
varying demand and supply levels across the state. 
Median rents in Gladstone and Mackay continue to ease, 
while continued tight conditions seen in many other parts 
of the state are yet to convert into any significant increases 
in median weekly rents. 
The total number of new bonds lodged across Queensland 
was up over the September quarter. Local agents in many 
areas say this is a popular time of year for people to 
relocate, most notably for work or school reasons prior to 
the Christmas-New Year period. 
* change greater than 0.5 pts 
^ Trend for rents over year, trend for yields are over the quarter 
* change greater than $20 (rents) or 0.5 pts (yields) 
VACANCY RATES 
LGA/REGION' 30-SEP-14 TREND 
GREATER BRISBANE 
BRISBANE SD' 2.0% DOWN 
BRISBANE CITY 2.3% STEADY 
IPSWICH CITY 1.6% DOWN 
LOGAN CITY 1.5% DOWN 
MORETON BAY 1.8% STEADY 
REDLAND CITY 1.8% UP 
TOURISM CENTRES 
GOLD COAST CITY 1.9% STEADY 
SUNSHINE COAST' 1.1% STEADY 
FRASER COAST 2.1% DOWN 
CAIRNS 1.8% STEADY 
REGIONAL QLD 
BUNDABERG 2.9% DOWN 
GLADSTONE 4.7% DOWN 
MACKAY 8.4% UP 
ROCKHAMPTON 4.1% DOWN 
TOOWOOMBA 1.6% STEADY 
TOWNSVILLE 4.8% DOWN
BRISBANE MARKET UPDATES 
p) Preliminary. Source: REIQ, BRISBANE 
6 QUEENSLAND MARKET MONITOR 
166 
BRISBANE CITY HOUSE SALES (p) 
JUN 14 SEP 14 
770 
1840 
784 
1900 
161 235 
274 
<$350,000 $350,000+ $500,000+ $1m+ 
p) Preliminary. Source: REIQ, 57 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
BRISBANE SURROUNDS HOUSE SALES (p) 
INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND 
BRISBANE CITY UNIT SALES (p) 
JUN 14 SEP 14 
JUN 14 SEP 14 
1272 1256 
1154 1157 
875 
472 
18 
508 
480 
21 
384 
<$350,000 $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
<$250,000 (p) Preliminary. Source: REIQ, data 43 65 
GOLD COAST HOUSE SALES (p) 
BRISBANE SURROUNDS UNIT SALES (p) 
INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND 
BRISBANE CITY LAND SALES (p) 
JUN 14 SEP 14 
480 
JUN 14 SEP 14 
548 
575 
516 
JUN 14 SEP 14 
57 
49 
66 84 
101 
<$350,000 $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
SUNSHINE COAST & NOOSA HOUSE SALES (p) 
GOLD COAST UNIT SALES (p) 
JUN 14 SEP 14 
JUN 14 SEP 14 
BRISBANE SURROUNDS LAND SALES (p) 
RENTAL MARKET 
At the end of September, Brisbane recorded a vacancy 
rate of 2.3 per cent, relatively unchanged since the end of 
June. Brisbane’s middle to outer suburbs (5 to 20km from 
the CBD) 79 
recorded a slight easing in vacancy levels, up 0.3 
percentage points to two per cent at the end of September. 
Inner Brisbane saw vacancies drop to 2.9 per cent. 
Despite the result, there continues to be concern about 
the number of new units coming onto the inner city 
market and its impact on the rental market. 
Analysis of figures from the RTA show the number of 
bonds held for unit tenancies increased by nearly 7000 
bonds across the inner Brisbane zones since the end of 
September 2010, when the first of the developments were 
completed. This suggests that at this stage the additional 
supply is being absorbed. 
Over the longer term, agents are expecting to see 
softening rents and increased use of rental incentives, 
rather than a continued over supply in the market. 
440 
Includes IPSWICH, LOGAN, MORETON BAY & REDLAND 
346 
37 
76 
443 
373 
43 
JUN 14 SEP 14 
<$350,000 $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
p) Preliminary. Source: REIQ, (p) Preliminary. Source: REIQ, (43 
((p) Preliminary. Source: REIQ, <$250,000 (p) Preliminary. Source: REIQ, data 363 
860 
454 
62 45 
54 
<$250,000 $250,000+ $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
197 
260 
111 
46 
5 
260 282 
132 
51 
5 
<$250,000 $250,000+ $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
273 
520 
451 
290 
36 
296 
560 
457 
276 
59 
<$250,000 $250,000+ $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
105 
SUNSHINE COAST & NOOSA UNIT SALES (p) 
GOLD COAST LAND SALES (p) 
197 
JUN 14 SEP 14 
JUN 14 SEP 14 
177 
105 
27 
108 
203 194 
112 
21 
<$250,000 $250,000+ $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
9 <$250,000 (p) Preliminary. Source: REIQ, data 21 
<$250,000 (p) Preliminary. Source: REIQ, data 6 40 40 
29 31 
24 
<$250,000 $250,000+ $350,000+ $500,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
379 
71 
36 
3 
341 
59 
22 9 
<$250,000 $250,000+ $350,000+ $500,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
88 
33 
8 16 
102 
28 
10 10 
<$250,000 $250,000+ $350,000+ $500,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
71 
SUNSHINE COAST & NOOSA LAND SALES (p) 
35 
JUN 14 SEP 14 
21 
46 
21 
p) Preliminary. Source: REIQ, ((p) Preliminary. Source: REIQ, (CITY 
Over the September quarter the Brisbane City local 
government area (LGA) once again recorded an increase 
in sales activity. It also saw strong growth in its annual 
median sale prices for both houses and units compared 
to a year ago. The capital city is firmly moving into a 
rising market, with strong volumes recorded across all 
price points. 
The strong price growth seen in the Sydney and Melbourne 
residential property markets puts Brisbane in a healthy 
position to reap the benefits of increased interstate 
investment. Investors and home buyers alike are looking 
north of the border for more affordable housing options in a 
capital city that has some capital growth still to come. 
HOUSE MARKET 
Brisbane’s house market continues to lead the rest of 
the state out of the recovery stage, with sales volumes 
continuing to grow along with strengthening buyer 
demand. This is evident in the continued improvement in 
average days on market and average vendor discounting, 
both of which have edged down since the end of June. 
Brisbane remains the fastest selling major region with 
an average of 57 days over the year to August, while the 
rate of average vendor discounting over the period also 
remains the lowest for the state at 5.5 per cent. 
According to local agents listings are still hard to come 
by in some areas, particularly in the sub-$500,000 bracket. 
This was evident in the price point results for the quarter 
which saw the sub-$350,000 and sub-$500,000 segments 
record only small increases in preliminary sales volumes, 
while healthy increases were seen in the upper two 
price points. 
A further indicator that the Brisbane house market 
is getting into full swing is that the increase in sales 
activity is not concentrated in any one pocket or zone 
from the CBD. Strong growth in sales volumes over the 
quarter was recorded in the likes of Mount Gravatt East, 
Woolloongabba, Carseldine and Salisbury. 
UNIT MARKET 
Brisbane’s unit market also continues to perform strongly, 
with sales volumes up seven per cent over the September 
quarter. The median sale price was relatively steady over 
the quarter, however the annual median was up a healthy 
five per cent compared to a year ago and up 9.1 per cent 
compared to five years ago. 
According to local agents, there is strong activity in the 
new unit and townhouse market across the city, with 
a number of new developments still coming onto the 
market. These include high rise units in inner Brisbane, 
to townhouse complexes scattered across the middle-to-outer 
suburbs. 
Similar to the house market, activity at the affordable 
end of the market wasn’t as strong as sales in the upper 
price points.
BRISBANE MARKET UPDATES 
SEPTEMBER QUARTER 2014 7 
SALES MARKET - HOUSES 
SUBURB NUMBER 
OF SALES 
MEDIAN 
SALE 
QTRLY 
CHANGE 
ANNUAL 
MEDIAN 
SALE 
1YR 
CHANGE 
5YR 
CHANGE 
SALES MARKET - HOUSES (CONT’D) 
SUBURB NUMBER 
OF SALES 
MEDIAN 
SALE 
QTRLY 
CHANGE 
ANNUAL 
MEDIAN 
SALE 
1YR 
CHANGE 
5YR 
CHANGE 
BRISBANE CITY (LGA) 3,283 $580,000 0.9% $570,500 8.7% 18.9% 
BRISBANE CITY (LGA) ^ 84 $922,500 6.0% $892,500 5.0% 5.0% 
ACACIA RIDGE 20 $355,750 6.2% $330,000 8.2% 1.1% 
ALBION 4 N/A N/A $670,000 N/A N/A 
ALDERLEY 17 $720,000 4.6% $655,000 5.2% 13.2% 
ALGESTER 28 $470,000 3.8% $445,000 7.2% 14.1% 
ANNERLEY ~ 22 $645,000 -6.9% $650,000 20.4% 24.4% 
ASCOT ~ 12 $927,500 -21.7% $1,300,000 38.2% 39.0% 
ASHGROVE 41 $755,000 0.4% $782,500 3.6% 24.5% 
ASPLEY 36 $554,000 3.9% $520,000 8.3% 14.9% 
AUCHENFLOWER 13 $878,000 N/A $892,550 11.6% 16.7% 
BALD HILLS 22 $380,000 -0.3% $380,000 7.6% 1.5% 
BALMORAL ~ 21 $1,042,500 12.1% $876,250 5.6% 24.5% 
BANYO 23 $439,000 4.9% $430,000 2.4% 12.6% 
BARDON ~ 34 $822,000 -9.0% $828,000 10.4% 23.6% 
BELLBOWRIE 7 N/A N/A $465,000 8.6% 6.3% 
BELMONT 13 $507,000 N/A $567,500 9.1% 6.1% 
BOONDALL 27 $425,200 0.0% $422,500 3.6% 3.6% 
BRACKEN RIDGE 55 $420,000 1.8% $418,000 2.1% 2.0% 
BRIDGEMAN DOWNS ~ 15 $646,000 -7.4% $703,000 7.3% 13.4% 
BRIGHTON 38 $442,000 0.5% $440,000 10.0% 15.8% 
BULIMBA ~ 21 $1,000,000 -11.9% $1,100,000 19.1% 42.3% 
CALAMVALE 42 $552,500 -6.0% $555,000 7.4% 15.6% 
CAMP HILL ~ 49 $716,500 6.6% $716,500 10.5% 26.8% 
CANNON HILL ~ 23 $740,000 5.7% $667,000 16.5% 37.1% 
CARINA 29 $563,500 5.3% $549,000 11.8% 19.1% 
CARINA HEIGHTS 20 $570,000 N/A $580,000 10.5% 19.5% 
CARINDALE 55 $725,000 1.2% $708,856 8.2% 12.7% 
CARSELDINE 29 $557,500 -0.4% $540,000 4.3% 9.6% 
CHAPEL HILL 39 $672,500 2.0% $670,000 11.7% 11.7% 
CHELMER ~ f 11 $762,500 -37.2% $800,000 -8.8% 3.2% 
CHERMSIDE 30 $577,500 1.3% $520,000 13.5% 18.2% 
CHERMSIDE WEST 25 $520,000 9.0% $485,000 12.7% 11.5% 
CLAYFIELD ~ 17 $770,000 -18.9% $887,500 9.0% 18.3% 
COOPERS PLAINS 10 $452,500 -5.3% $465,099 8.5% 17.2% 
COORPAROO 37 $730,000 1.4% $698,750 8.7% 18.9% 
CORINDA 14 $541,725 N/A $556,000 6.9% -5.8% 
DARRA 20 $369,500 4.1% $348,000 12.3% 3.9% 
DEAGON ~ 17 $386,500 -8.0% $385,000 0.9% 6.9% 
DOOLANDELLA 8 N/A N/A $400,000 -2.9% 14.6% 
DREWVALE 8 N/A N/A $475,500 1.4% 6.1% 
DURACK 14 $370,100 6.8% $368,000 15.0% 8.2% 
EAST BRISBANE 19 $730,000 0.3% $725,000 6.1% 16.9% 
EIGHT MILE PLAINS 40 $650,000 2.4% $650,000 11.1% 22.1% 
ENOGGERA 15 $573,750 0.7% $580,000 11.1% 17.4% 
EVERTON PARK 31 $512,500 -2.2% $513,000 8.0% 19.3% 
FAIRFIELD ~ 10 $662,500 -5.4% $650,000 18.2% 11.6% 
FERNY GROVE ~ 12 $499,000 -13.2% $525,000 4.0% 9.4% 
FIG TREE POCKET ~ 12 $722,500 -11.9% $870,000 15.2% 23.4% 
FITZGIBBON 15 $435,180 4.5% $415,750 8.0% 1.4% 
FOREST LAKE 90 $400,000 -4.5% $398,000 4.7% 7.0% 
GAYTHORNE 4 N/A N/A $575,000 3.9% 19.7% 
GEEBUNG ~ 18 $472,500 -0.7% $475,500 19.2% 16.0% 
GORDON PARK ~ 15 $759,250 2.9% $746,500 23.1% 36.6% 
GRACEVILLE ~ 20 $570,000 -12.4% $680,500 -8.7% 8.8% 
GRANGE ~ 13 $743,000 -13.6% $758,000 13.1% 14.1% 
GREENSLOPES ~ 26 $577,000 -9.8% $613,250 5.0% 22.0% 
HAMILTON ~ 12 $900,000 3.2% $985,000 -10.5% -15.5% 
HAWTHORNE ~ 19 $1,050,000 -7.4% $990,000 13.8% 41.4% 
HEATHWOOD 15 $511,400 N/A $529,500 -8.1% 6.4% 
HEMMANT 7 N/A N/A $413,500 7.4% 4.0% 
HENDRA ~ 33 $755,000 -13.2% $812,000 10.5% 19.4% 
HIGHGATE HILL 8 N/A N/A $850,000 10.4% 17.9% 
HOLLAND PARK 29 $602,500 0.8% $590,000 11.2% 20.4% 
HOLLAND PARK WEST 18 $611,444 1.0% $575,000 4.9% 13.9% 
INALA 43 $310,000 6.9% $292,250 5.9% 0.8% 
INDOOROOPILLY ~ 33 $789,500 16.1% $740,000 7.6% 22.5% 
JAMBOREE HEIGHTS 6 N/A N/A $440,000 6.0% 6.3% 
JINDALEE 22 $485,000 0.4% $484,250 4.9% 7.6% 
KANGAROO POINT ~ 9 N/A N/A $758,625 18.1% 16.7% 
KARANA DOWNS 12 $362,500 N/A $376,000 -3.3% -5.1% 
KARANA DOWNS ^ 8 N/A N/A $460,000 2.2% 1.1% 
KEDRON ~ 35 $629,000 -1.7% $625,000 15.5% 30.2% 
KELVIN GROVE ~ 14 $642,000 -10.0% $685,000 7.0% 14.2% 
KENMORE 30 $607,500 7.5% $573,500 5.3% 14.8% 
KENMORE HILLS 2 N/A N/A $650,000 N/A -10.0% 
KEPERRA 20 $458,000 4.3% $441,000 6.3% 6.5% 
KURABY 12 $585,000 5.7% $576,500 8.3% 18.4% 
LOTA 12 $530,000 1.0% $518,000 0.6% 13.5% 
LUTWYCHE 10 $720,000 N/A $720,000 7.9% 24.1% 
MACGREGOR ~ 19 $670,000 8.9% $617,000 10.6% 27.2% 
MACKENZIE 3 N/A N/A $667,500 7.7% N/A 
MANLY ~ 14 $663,000 N/A $678,500 18.0% 19.0% 
MANLY WEST 37 $492,500 1.8% $489,000 2.7% 4.0% 
MANSFIELD ~ 31 $534,500 -8.6% $545,000 13.0% 20.5% 
MCDOWALL 18 $585,500 -0.7% $580,750 4.6% 14.8% 
MIDDLE PARK 13 $512,750 -5.0% $525,000 6.7% 8.7% 
MITCHELTON 35 $577,500 6.7% $545,000 6.9% 17.7% 
MOGGILL 12 $490,000 -4.9% $508,500 4.0% 9.4% 
MOOROOKA 37 $549,999 0.0% $532,500 5.4% 18.3% 
MORNINGSIDE 32 $671,000 8.4% $639,000 9.2% 21.1% 
MOUNT CROSBY ^ 6 N/A N/A $545,000 6.6% 4.8% 
MOUNT GRAVATT 13 $553,750 -0.1% $557,500 10.6% 18.9% 
MOUNT GRAVATT EAST 47 $560,500 3.8% $555,000 15.6% 26.0% 
MOUNT OMMANEY 5 N/A N/A $780,000 N/A N/A 
MURARRIE ~ * 18 $555,000 N/A $546,250 17.0% 21.4% 
NEW FARM ~ 22 $1,250,000 -3.8% $1,250,000 16.3% 43.3% 
NEWMARKET ~ 21 $740,000 -17.7% $731,250 4.5% 17.9% 
NORMAN PARK ~ 21 $689,500 -10.6% $790,000 16.3% 23.4% 
NORTHGATE 25 $590,000 -4.8% $572,500 4.1% 17.1% 
NUDGEE 11 $556,350 -2.4% $556,500 5.0% 23.3% 
NUNDAH 20 $697,850 -1.4% $650,000 5.7% 24.4% 
OXLEY 25 $462,500 -2.6% $468,690 4.2% 11.6% 
PADDINGTON ~ 32 $882,500 -0.8% $930,000 19.0% 37.7% 
PARKINSON 30 $600,000 9.6% $567,500 9.1% 19.5% 
PULLENVALE ^ 6 N/A N/A $923,750 -5.7% -3.0% 
RED HILL 24 $780,000 6.8% $745,000 12.5% 14.6% 
RIVERHILLS 14 $432,500 0.1% $433,500 4.7% 6.8% 
ROBERTSON 6 N/A N/A $741,940 7.5% 21.6% 
ROCKLEA ~ 5 N/A N/A $357,000 17.0% -2.2% 
RUNCORN ~ 28 $458,000 -11.6% $468,800 6.7% 15.2% 
SALISBURY 32 $479,000 -4.2% $487,500 11.8% 17.5% 
SANDGATE ~ 22 $535,000 13.6% $572,500 12.3% 23.7% 
SEVEN HILLS ~ 15 $665,000 -7.3% $631,000 1.6% 17.8% 
SEVENTEEN MILE ROCKS ~ 12 $540,000 10.8% $655,000 37.3% 44.0% 
SHERWOOD ~ 22 $685,000 -11.0% $709,000 2.5% 4.3% 
SINNAMON PARK 14 $577,625 N/A $585,250 3.6% 2.2% 
SPRING HILL ~ 8 N/A N/A $922,500 19.0% N/A 
ST LUCIA ~ 10 $1,180,000 30.0% $1,000,000 3.0% 16.3% 
STAFFORD 14 $575,500 5.6% $530,000 15.2% 20.2% 
STAFFORD HEIGHTS 27 $528,000 7.2% $510,000 12.1% 17.2% 
STRETTON 21 $710,500 5.3% $719,500 9.6% 12.4% 
SUNNYBANK 50 $627,750 4.5% $600,000 12.0% 20.0% 
SUNNYBANK HILLS ~ 58 $591,500 -4.9% $580,000 16.1% 31.2% 
TAIGUM 11 $480,000 N/A $455,000 6.8% 8.3% 
TARINGA 10 $824,000 N/A $820,000 9.8% 15.2% 
TARRAGINDI 42 $614,000 3.5% $600,000 7.1% 17.6% 
THE GAP 58 $607,500 9.5% $570,000 0.8% 13.9% 
TINGALPA 21 $460,000 -1.7% $460,000 5.5% 9.7% 
TOOWONG ~ 22 $850,000 25.9% $737,500 8.5% 18.0% 
UPPER KEDRON 15 $540,000 0.0% $540,000 2.9% 2.9% 
UPPER MOUNT GRAVATT 36 $512,000 -5.6% $535,000 15.1% 23.8% 
VIRGINIA 19 $527,500 7.7% $495,000 15.1% 15.8% 
WAKERLEY ~ 38 $603,500 -7.9% $655,000 1.6% 19.1% 
WAVELL HEIGHTS 38 $590,000 2.6% $572,500 10.1% 19.3% 
WEST END ~ 12 $1,012,000 6.5% $980,000 16.0% 35.7% 
WESTLAKE ~ 16 $621,944 11.1% $635,000 9.5% 16.8% 
WILSTON ~ 13 $747,500 -13.0% $825,000 0.6% 13.0%
BRISBANE MARKET UPDATES 
SALES MARKET - UNITS & TOWNHOUSES 
8 QUEENSLAND MARKET MONITOR 
SALES MARKET - UNITS & TOWNHOUSES (CONT’D) 
SUBURB NUMBER 
OF SALES 
MEDIAN 
SALE 
QTRLY 
CHANGE 
ANNUAL 
MEDIAN 
SALE 
1YR 
CHANGE 
5YR 
CHANGE 
SALES MARKET - HOUSES (CONT’D) 
SUBURB NUMBER 
OF SALES 
MEDIAN 
SALE 
QTRLY 
CHANGE 
ANNUAL 
MEDIAN 
SALE 
1YR 
CHANGE 
5YR 
CHANGE 
WINDSOR 18 $690,000 N/A $685,000 -1.1% 14.2% 
WISHART 22 $573,000 1.3% $562,000 3.6% 15.9% 
WOOLLOONGABBA ~ 23 $649,000 N/A $665,000 20.6% 19.8% 
WOOLOOWIN ~ 14 $670,000 -1.7% $776,000 11.7% 28.3% 
WYNNUM 55 $572,500 8.5% $527,500 1.0% 14.3% 
WYNNUM WEST 39 $470,000 -4.1% $470,000 11.2% 6.2% 
YERONGA ~ 18 $720,000 10.8% $675,500 6.4% 0.1% 
ZILLMERE 34 $388,275 -1.8% $405,000 9.5% 9.8% 
BRISBANE CITY (LGA) 1,964 $420,000 0.6% $420,000 5.0% 9.1% 
ACACIA RIDGE 21 $348,000 N/A $348,000 N/A N/A 
ALBION ~ * 8 N/A N/A $445,000 -24.0% 12.7% 
ALDERLEY * t 22 $507,500 N/A $437,500 3.9% 21.7% 
ALGESTER 4 N/A N/A $308,500 2.8% -3.3% 
ANNERLEY 39 $431,500 -3.0% $430,000 13.5% 19.4% 
ASCOT 17 $431,000 -3.4% $430,000 12.9% 13.2% 
ASHGROVE 13 $447,500 3.9% $460,000 9.5% 19.0% 
ASPLEY 12 $390,500 -2.1% $388,000 8.4% 7.8% 
AUCHENFLOWER 20 $468,750 -0.6% $472,000 2.8% 10.0% 
BALMORAL ~ 9 N/A N/A $462,750 -12.3% 10.8% 
BARDON 5 N/A N/A $541,500 N/A 11.6% 
BOONDALL 18 $394,000 0.0% $394,000 N/A N/A 
BOWEN HILLS * 23 $465,000 10.2% $451,250 15.0% 7.4% 
BRISBANE CITY ~ * 112 $472,000 -10.1% $500,000 7.6% 16.3% 
BULIMBA 13 $587,500 4.9% $566,000 -0.5% 9.4% 
CALAMVALE 35 $358,800 3.1% $364,950 -0.8% 1.8% 
CARINA 19 $410,250 3.9% $429,500 4.8% 3.5% 
CARINA HEIGHTS 16 $459,000 2.0% $458,000 6.5% 4.1% 
CARINDALE 5 N/A N/A $420,000 -2.3% -19.5% 
CARSELDINE 5 N/A N/A $392,000 1.8% 8.9% 
CHERMSIDE 18 $399,500 2.3% $400,000 3.2% -2.3% 
CLAYFIELD 53 $382,500 -6.9% $390,000 10.3% 9.6% 
COOPERS PLAINS 4 N/A N/A $384,000 -7.2% N/A 
COORPAROO 60 $377,500 -5.9% $387,000 3.8% 9.6% 
CORINDA 5 N/A N/A $374,000 2.5% -13.2% 
DOOLANDELLA - N/A N/A $348,500 N/A N/A 
DURACK 4 N/A N/A $349,000 -0.6% N/A 
DUTTON PARK 4 N/A N/A $500,000 -4.8% N/A 
EAST BRISBANE 15 $445,000 6.0% $407,500 -4.1% 7.2% 
EIGHT MILE PLAINS 26 $386,000 4.6% $385,000 1.3% 5.2% 
ELLEN GROVE 4 N/A N/A $346,000 0.0% 3.3% 
ENOGGERA 7 N/A N/A $400,000 -3.6% 1.3% 
EVERTON PARK * t 30 $419,000 -1.4% $412,500 3.7% 20.4% 
FAIRFIELD * 5 N/A N/A $355,000 -13.4% -17.9% 
FORTITUDE VALLEY ~ * 68 $464,000 -7.2% $445,000 6.0% 11.7% 
GAYTHORNE 11 $408,500 N/A $410,000 0.0% 17.0% 
GORDON PARK 9 N/A N/A $364,000 1.1% 7.1% 
GREENSLOPES 29 $391,000 9.7% $373,750 10.6% 2.5% 
HAMILTON ~ * 32 $545,000 11.2% $511,000 -1.7% 16.1% 
HAWTHORNE 8 N/A N/A $505,000 10.4% 17.7% 
HENDRA 2 N/A N/A $500,000 N/A N/A 
HERSTON ~ 4 N/A N/A $437,500 N/A 22.9% 
HIGHGATE HILL ~ 11 $390,000 -20.4% $510,000 -1.0% 15.3% 
HOLLAND PARK WEST 5 N/A N/A $377,500 N/A 6.0% 
INDOOROOPILLY 29 $431,000 2.1% $470,000 9.7% 10.5% 
KANGAROO POINT ~ 62 $445,000 -7.9% $490,000 3.2% 16.7% 
KEDRON ~ 13 $384,000 13.8% $355,000 7.7% 8.6% 
KELVIN GROVE 36 $459,000 -2.3% $473,000 -5.2% 5.3% 
KURABY 4 N/A N/A $297,000 2.4% -4.3% 
LUTWYCHE ~ * 11 $421,000 25.7% $410,000 -7.9% 21.5% 
MANLY WEST 10 $340,000 N/A $355,000 -11.2% -9.7% 
MCDOWALL 3 N/A N/A $405,000 3.8% -0.5% 
MILTON ~ 9 N/A N/A $443,000 -15.6% -9.0% 
MOOROOKA 17 $397,500 4.6% $370,000 -1.1% 11.4% 
MORNINGSIDE 45 $476,750 -1.9% $471,000 8.1% 9.5% 
MOUNT GRAVATT EAST 18 $381,750 0.2% $395,000 -4.6% 11.3% 
NEW FARM * 70 $555,500 3.6% $560,000 10.5% 21.7% 
NEWMARKET 4 N/A N/A $453,500 13.4% 14.5% 
NEWSTEAD ~ f 13 $875,000 3.6% $767,500 17.5% 48.9% 
NORMAN PARK 10 $382,000 N/A $507,500 11.5% 8.4% 
NORTHGATE 12 $397,500 N/A $375,250 2.3% 1.4% 
NUNDAH 47 $365,000 -2.8% $429,000 4.9% 3.4% 
PADDINGTON ~ 15 $538,000 11.0% $485,211 -8.4% 11.4% 
PARKINSON ~ 2 N/A N/A $306,000 -22.1% -5.8% 
RED HILL 5 N/A N/A $407,250 N/A 6.6% 
RICHLANDS 8 N/A N/A $337,500 0.1% N/A 
ROCHEDALE - N/A N/A $399,000 3.1% N/A 
RUNCORN 32 $328,500 1.9% $337,000 0.3% 2.1% 
SHERWOOD 7 N/A N/A $445,000 6.0% 4.4% 
SOUTH BRISBANE * 34 $460,000 -3.2% $515,000 14.6% 28.8% 
SPRING HILL 40 $420,500 -3.3% $387,500 2.0% 0.4% 
ST LUCIA 34 $478,000 9.9% $470,000 -0.3% 5.3% 
STAFFORD 7 N/A N/A $395,000 -2.8% 9.7% 
SUNNYBANK HILLS 14 $366,500 N/A $345,150 7.9% -2.8% 
TAIGUM ~ t 23 $361,500 -6.1% $385,000 19.6% 13.8% 
TARINGA ~ 37 $430,000 12.3% $417,000 3.0% 5.6% 
TENERIFFE 53 $624,000 -2.9% $620,000 12.1% 15.9% 
TENNYSON ~ 3 N/A N/A $960,000 20.0% -24.4% 
THE GAP 6 N/A N/A $449,500 3.3% 8.0% 
TINGALPA 13 $345,000 N/A $329,500 3.0% 2.6% 
TOOWONG 56 $450,000 5.1% $457,500 1.7% 18.8% 
UPPER MOUNT GRAVATT * t 20 $517,500 N/A $451,000 28.9% 15.6% 
WAKERLEY 6 N/A N/A $413,000 -4.6% N/A 
WAVELL HEIGHTS 5 N/A N/A $432,000 N/A -1.6% 
WEST END ~ * 40 $529,000 -13.3% $514,000 -2.1% -5.9% 
WINDSOR 16 $405,000 5.2% $395,000 -11.0% 15.8% 
WISHART 13 $390,000 6.6% $376,000 7.4% 7.4% 
WOOLLOONGABBA 14 $395,000 -2.5% $399,000 -5.0% -2.8% 
WOOLOOWIN 13 $347,000 N/A $362,500 0.8% 8.5% 
WYNNUM 5 N/A N/A $370,000 2.1% 2.5% 
WYNNUM WEST * t 11 $307,500 -22.0% $359,000 0.0% 15.8% 
YEERONGPILLY 8 N/A N/A $410,000 8.2% -1.0% 
YERONGA * t 18 $537,500 40.7% $435,500 1.9% 5.3% 
ZILLMERE 19 $335,000 0.5% $340,000 -6.8% -2.0% 
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
BRISBANE MARKET UPDATES 
RENTAL MARKET - 3 BED HOUSES 
POST SEP-14 SEP-13 
CODE LOCALITYL $/WEEK NEW BONDS $/WEEK NEW BONDS 
SEPTEMBER QUARTER 2014 9 
RENTAL MARKET - 3 BED HOUSES 
POST SEP-14 SEP-13 
CODE LOCALITYL $/WEEK NEW BONDS $/WEEK NEW BONDS 
RENTAL MARKET - 2 BED UNITS 
SALES MARKET - VACANT LAND 
SUBURB NUMBER 
OF SALES 
MEDIAN 
SALE 
QTRLY 
CHANGE 
ANNUAL 
MEDIAN 
SALE 
1YR 
CHANGE 
5YR 
CHANGE 
BRISBANE CITY (LGA) 159 $335,000 -0.2% $320,000 10.3% 17.6% 
BRISBANE CITY (LGA) ^ 16 $587,500 N/A $680,000 -35.4% 51.1% 
BRIDGEMAN DOWNS ~ 7 N/A N/A $402,500 13.4% 32.0% 
BRIGHTON 12 $274,500 N/A $278,000 N/A N/A 
CARINDALE ~ 4 N/A N/A $460,000 -11.5% N/A 
CARSELDINE 3 N/A N/A $334,000 2.5% 19.3% 
FITZGIBBON ~ 16 $170,700 0.2% $194,900 15.4% N/A 
HEATHWOOD 7 N/A N/A $265,000 N/A 11.3% 
KURABY 3 N/A N/A $328,875 0.4% 2.8% 
MCDOWALL 2 N/A N/A $355,000 N/A N/A 
MOGGILL 7 N/A N/A $255,000 4.1% 8.5% 
OXLEY 4 N/A N/A $285,000 0.0% 16.3% 
ROCHEDALE 3 N/A N/A $415,000 8.4% N/A 
UPPER KEDRON 3 N/A N/A $324,750 7.9% N/A 
BRISBANE CITY $400 4474 $395 4311 
BAYSIDE $340 37 $340 43 
4178 WYNNUM $330 26 $350 33 
4179 MANLY $430 11 $285 10 
CITY INNER $495 1925 $490 1718 
4000 BRISBANE CITY $590 358 $600 249 
4005 NEW FARM $495 300 $500 302 
4006 BOWEN HILLS $495 279 $500 250 
4064 PADDINGTON $405 64 $385 74 
4066 TOOWONG $415 248 $400 189 
4067 ST LUCIA $430 110 $430 126 
4101 WEST END $500 289 $515 270 
4102 WOOLOONGABBA $460 101 $390 71 
4169 EAST BRISBANE $465 176 $495 185 
NORTH - INNER $360 855 $360 829 
4007 ASCOT $395 136 $410 147 
4010 ALBION $390 29 $415 30 
4011 CLAYFIELD $355 131 $350 125 
4012 NUNDAH $375 220 $375 190 
4030 LUTWYCHE $340 125 $340 134 
4031 GORDON PARK $330 74 $320 72 
4051 ALDERLEY $340 140 $350 130 
NORTH - OUTER $350 241 $340 254 
4013 NORTHGATE $300 27 $285 23 
4014 VIRGINIA $275 8 $335 8 
4017 BRACKEN RIDGE $300 22 $270 26 
4018 FITZGIBBON $330 5 $335 10 
4032 CHERMSIDE $375 102 $350 111 
4034 ASPLEY $350 77 $350 75 
NORTH WEST - INNER $400 156 $399 177 
4059 KELVIN GROVE $430 106 $400 126 
4060 ASHGROVE $380 40 $425 41 
4065 BARDON $300 10 $350 10 
NORTH WEST - OUTER $370 95 $370 103 
4053 STAFFORD $370 91 $390 99 
SOUTH - INNER $365 444 $350 437 
4103 ANNERLEY $350 113 $345 99 
4104 YERONGA $370 37 $350 47 
4105 MOOROOKA $350 69 $350 76 
4120 GREENSLOPES $370 104 $360 92 
4121 HOLLAND PARK $340 35 $340 40 
4122 MANSFIELD $390 84 $385 83 
BRISBANE CITY $415 2932 $410 2927 
BAYSIDE $410 151 $395 143 
4178 WYNNUM $400 82 $400 72 
4179 MANLY $420 69 $395 71 
CITY INNER $530 231 $540 251 
4000 BRISBANE CITY $555 28 $550 12 
4005 NEW FARM $700 7 $615 24 
4006 BOWEN HILLS $520 11 $540 10 
4064 PADDINGTON $540 51 $550 48 
4066 TOOWONG $500 49 $520 45 
4067 ST LUCIA $180 10 $415 19 
4101 WEST END $530 26 $575 39 
4102 WOOLOONGABBA $470 20 $490 24 
4169 EAST BRISBANE $545 29 $530 30 
NORTH - INNER $450 302 $450 313 
4007 ASCOT $575 13 $525 17 
4010 ALBION $550 6 $500 13 
4011 CLAYFIELD $500 36 $525 38 
4012 NUNDAH $435 64 $440 71 
4030 LUTWYCHE $470 47 $470 46 
4031 GORDON PARK $430 46 $440 50 
4051 ALDERLEY $450 89 $450 78 
NORTH - OUTER $390 419 $385 418 
4013 NORTHGATE $380 16 $395 11 
4014 VIRGINIA $380 36 $395 40 
4017 BRACKEN RIDGE $380 141 $380 132 
4018 FITZGIBBON $390 26 $390 36 
4032 CHERMSIDE $400 48 $395 60 
4034 ASPLEY $390 133 $390 118 
4036 BALD HILLS $365 19 $355 21 
NORTH WEST - INNER $500 121 $500 108 
4059 KELVIN GROVE $500 51 $550 39 
4060 ASHGROVE $475 32 $450 32 
4065 BARDON $500 38 $500 37 
NORTH WEST - OUTER $420 220 $400 237 
4053 STAFFORD $415 139 $400 144 
4054 ARANA HILLS $400 41 $400 54 
4061 THE GAP $460 40 $435 39 
SOUTH - INNER $425 320 $415 355 
4103 ANNERLEY $450 31 $455 48 
4104 YERONGA $440 14 $450 22 
4105 MOOROOKA $420 47 $400 51 
4120 GREENSLOPES $450 18 $450 30 
4121 HOLLAND PARK $430 80 $425 65 
4122 MANSFIELD $400 129 $400 137 
SOUTH - OUTER $380 371 $380 312 
4106 ROCKLEA $360 14 $365 6 
4107 SALISBURY $395 29 $390 25 
4108 COOPERS PLAINS $380 32 $355 18 
4109 MACGREGOR $400 107 $395 99 
4110 ACACIA RIDGE $340 54 $340 66 
4112 KURABY $390 9 $370 12 
4113 EIGHT MILE PLAINS $385 83 $390 50 
4115 ALGESTER $370 19 $370 15 
4116 CALAMVALE $390 24 $390 21 
SOUTH EAST - INNER $450 293 $450 272 
4151 COORPAROO $450 26 $480 43 
4152 CAMP HILL $450 117 $440 95 
4170 CANNON HILL $450 97 $450 85 
4171 BALMORAL $550 36 $590 36 
4172 MURARRIE $430 17 $400 13 
SOUTH EAST - OUTER $410 56 $400 39 
4153 BELMONT $400 8 $440 6 
4154 GUMDALE $530 7 N.A. 4 
4173 TINGALPA $410 30 $400 20 
4174 HEMANT $370 8 $390 7 
SOUTH WEST - INNER $430 108 $420 109 
4068 CHELMER $450 42 $450 48 
4075 CORINDA $420 66 $395 61 
SOUTH WEST - OUTER $360 340 $355 370 
4069 BROOKFIELD $450 40 $440 48 
4073 SEVENTEEN MILE ROCKS $400 15 $420 17 
4074 JINDALEE $380 54 $385 68 
4076 DARRA $340 27 $330 32 
4077 DOOLANDELLA $320 73 $310 97 
4078 FOREST LAKE $350 127 $350 99
BRISBANE MARKET UPDATES 
RENTAL MARKET - 2 BED UNITS (CONT’D) 
POST SEP-14 SEP-13 
CODE LOCALITYL $/WEEK NEW BONDS $/WEEK NEW BONDS 
10 QUEENSLAND MARKET MONITOR 
RENTAL MARKET - 3 BED TOWNHOUSES 
POST SEP-14 SEP-13 
CODE LOCALITYL $/WEEK NEW BONDS $/WEEK NEW BONDS 
DID YOU KNOW? 
YOU CAN GET MEDIAN WEEKLY RENTS FOR 
OTHER PROPERTY TYPES ONLINE AT 
WWW.RTA.QLD.GOV.AU 
BRISBANE CITY $405 1653 $405 1495 
BAYSIDE $400 91 $390 110 
4178 WYNNUM $400 53 $390 60 
4179 MANLY $390 38 $390 50 
CITY INNER $600 66 $600 62 
4006 BOWEN HILLS $625 13 $625 11 
4064 PADDINGTON $600 14 $600 10 
4066 TOOWONG $550 11 $560 12 
4067 ST LUCIA $575 9 $620 8 
4101 WEST END $750 7 $690 6 
4169 EAST BRISBANE $550 8 $490 5 
NORTH - INNER $470 96 $475 82 
4007 ASCOT $550 9 $590 8 
4011 CLAYFIELD $500 12 $500 8 
4012 NUNDAH $450 18 $460 17 
4030 LUTWYCHE $495 8 $450 9 
4031 GORDON PARK $450 19 $465 20 
4051 ALDERLEY $450 28 $480 20 
NORTH - OUTER $380 236 $385 173 
4013 NORTHGATE $410 12 $475 14 
4017 BRACKEN RIDGE $365 34 $365 31 
4018 FITZGIBBON $296 66 $375 40 
4032 CHERMSIDE $430 22 $425 32 
4034 ASPLEY $395 93 $385 46 
4036 BALD HILLS $294 9 $280 10 
NORTH WEST - INNER $500 20 $560 22 
4059 KELVIN GROVE $500 13 $599 13 
NORTH WEST - OUTER $425 51 $410 54 
4053 STAFFORD $425 41 $410 43 
4054 ARANA HILLS $400 7 $370 7 
SOUTH - INNER $440 155 $435 138 
4103 ANNERLEY $490 27 $500 27 
4104 YERONGA $480 17 $460 14 
4105 MOOROOKA $450 23 $400 12 
4120 GREENSLOPES $495 15 $475 15 
4121 HOLLAND PARK $460 7 $430 14 
4122 MANSFIELD $420 66 $415 56 
SOUTH - OUTER $390 396 $390 348 
4107 SALISBURY $495 7 $410 7 
4109 MACGREGOR $405 63 $410 66 
4110 ACACIA RIDGE $340 41 $335 7 
4112 KURABY $380 18 $365 12 
4113 EIGHT MILE PLAINS $400 149 $400 136 
4115 ALGESTER $380 31 $380 37 
4116 CALAMVALE $385 85 $380 80 
SOUTH EAST - INNER $485 209 $480 200 
4151 COORPAROO $495 8 $500 14 
4152 CAMP HILL $450 96 $450 87 
4170 CANNON HILL $500 69 $500 62 
4171 BALMORAL $540 30 $600 29 
4172 MURARRIE $475 6 $485 8 
SOUTH EAST - OUTER $410 55 $415 68 
4153 BELMONT $420 7 $430 21 
4154 GUMDALE $410 30 $410 33 
4173 TINGALPA $385 17 $390 14 
SOUTH WEST - INNER $420 76 $420 54 
4068 CHELMER $485 25 $500 16 
4075 CORINDA $400 51 $400 38 
SOUTH WEST - OUTER $360 202 $350 184 
4073 SEVENTEEN MILE ROCKS $400 11 $410 8 
4074 JINDALEE $435 19 $400 19 
4076 DARRA $375 28 N.A. 4 
4077 DOOLANDELLA $355 103 $350 117 
4078 FOREST LAKE $355 38 $355 30 
SOUTH - OUTER $320 58 $320 68 
4106 ROCKLEA $250 6 $275 6 
4108 COOPERS PLAINS $250 6 $320 7 
4109 MACGREGOR $390 24 $350 41 
4110 ACACIA RIDGE $310 5 N.A. 4 
4113 EIGHT MILE PLAINS $340 5 N.A. 4 
4115 ALGESTER $300 6 N.A. 2 
SOUTH EAST - INNER $380 387 $370 394 
4151 COORPAROO $360 152 $365 160 
4152 CAMP HILL $360 30 $350 34 
4170 CANNON HILL $395 88 $360 89 
4171 BALMORAL $435 114 $410 107 
SOUTH WEST - INNER $370 251 $385 264 
4068 CHELMER $375 212 $390 220 
4075 CORINDA $335 39 $350 44 
SOUTH WEST - OUTER $325 23 $330 15 
4076 DARRA $250 6 N.A. 1 
4078 FOREST LAKE $335 10 $335 6 
Brisbane’s house market 
continues to lead the rest 
of the state out of the 
recovery stage
BRISBANE MARKET UPDATES 
BRISBANE HOUSE MARKETS 
September Qtr 2014 
For example, Redlands QUEENSLAND units HOUSE are averaging MARKETS 
5.3 per cent, 
compared to 5.7 per cent for house sales. 
Overall sales volumes are trending upwards and Logan 
City leading the way, with an increase of 41 per cent over 
the quarter and a healthy 4.8 per cent increase in median 
sale price. 
Over the year to September, the Ipswich unit market 
was the star performer with an increase of 14.6 per 
cent compared to the previous year and up 9.8 per cent 
compared to five years ago. 
RENTAL MARKET 
With affordability a key driver of tenant demand, the 
Greater Brisbane rental market continues to see strong 
tenant enquiry as more look to the outer suburbs to 
achieve cheaper rent or more for their money. 
As a result, vacancy levels have tightened further with 
the Brisbane Statistical Division recording a drop of 
0.3 percentage points to two per cent at the end of 
September. It has now returned to the same level recorded 
at the end of September last year. 
The vacancy level for the greater Brisbane area, excluding 
the Brisbane City LGA, also returned to that recorded 12 
months ago, to a 1.7 per cent vacancy rate. 
Ipswich and Logan both recorded the largest drop in 
its vacancy rate, down 1.4 percentage points compared 
to the end of June, placing both regions into tight 
market conditions. 
Over the September quarter, median weekly rents from the 
RTA show modest changes across the Greater Brisbane 
regions, with the exception of two bedroom flats in 
Redland, which saw an increase of $35 to $310 per week. 
SEPTEMBER QUARTER 2014 11 
GREATER 
BRISBANE 
While Brisbane City’s residential market continues 
to strengthen, so too do the outer lying areas of 
Greater Brisbane. 
Buyers are looking to the outer areas for affordability 
reasons but also for lifestyle reasons. Redland City is 
leading the way with the strongest growth in median sale 
prices compared to five years ago, while Logan and Moreton 
Bay are leading the way in terms of sales activity. Ipswich 
is a tad behind the three other regions, but it too is moving 
into a rising market with preliminary sales volumes also 
improving over the quarter. 
Many of the outer lying areas are seeing improved 
infrastructure projects going ahead, such as the Kippa-Ring 
rail extension in Redcliffe, which will continue to support the 
increasing population in the region. 
And while interstate migration sits at historical lows, many 
market commentators are tipping this will turn around 
on the back of increasing house prices in Sydney and 
Melbourne. 
HOUSE MARKET 
Over the September quarter, all LGAs within the Brisbane 
surrounds recorded an increase in preliminary sales 
numbers. Median house prices remained relatively stable 
or softened in some areas due to an increase in activity at 
the affordable end of the market. 
Preliminary sales numbers in the sub-$350,000 and 
sub-$500,000 price points were up 10 and nine per cent 
respectively, while the upper two price points saw only 
marginal increases since the end of June. 
Average days on market and average vendor discounting 
for the greater Brisbane area both improved slightly over 
the three months to September. Redland was the fastest 
selling region with an average of just 70 days. Market 
conditions are leaning more in favour of sellers in Moreton 
Bay, where the average vendor discount is 5.4 per cent, up 
from 6.8 per cent 12 months ago. 
Despite recording the longest days on market and vendor 
discount for the greater Brisbane area, the Ipswich 
property market is set to be vastly benefited from improved 
infrastructure. These include rail upgrades for the South-west 
rail transport corridor identified by the new Brisbane 
City Plan. 
UNIT MARKET 
The unit and townhouse market for the Brisbane 
surrounds is still somewhat behind the house market, 
with days on market up around the 100-day mark. Average 
vendor discounting in some regions is better than that 
those for house sales. 
FALLING 
RISING 
RECOVERING STABILISING 
Brisbane 
Redland 
Logan 
Moreton Bay 
Ipswich 
Source: REIQ 
September Qtr 2014 
FALLING 
RISING 
RECOVERING STABILISING 
Mackay 
Brisbane SD 
Toowoomba 
Gold Coast 
Townsville 
Gladstone 
Bundaberg Rockhampton 
Sunsine Coast 
Cairns 
Fraser Coast 
Source: REIQ
BRISBANE MARKET UPDATES 
12 QUEENSLAND MARKET MONITOR 
SALES MARKET - HOUSES (CONT’D) 
SUBURB NUMBER 
OF SALES 
MEDIAN 
SALE 
QTRLY 
CHANGE 
ANNUAL 
MEDIAN 
SALE 
1YR 
CHANGE 
5YR 
CHANGE 
SALES MARKET - HOUSES 
SUBURB NUMBER 
OF SALES 
MEDIAN 
SALE 
QTRLY 
CHANGE 
ANNUAL 
MEDIAN 
SALE 
1YR 
CHANGE 
5YR 
CHANGE 
BRISBANE (SD) 6,432 $465,500 -1.0% $470,000 6.8% 13.4% 
BRISBANE (SD) ^ 519 $550,000 1.9% $560,000 4.7% 4.7% 
IPSWICH CITY (LGA) 568 $300,000 0.0% $306,000 3.2% -2.9% 
IPSWICH CITY (LGA) ^ ~ 60 $435,000 -8.7% $455,000 5.8% 2.2% 
AUGUSTINE HEIGHTS ~ * 12 $480,000 -11.9% $486,250 -3.7% -10.0% 
BELLBIRD PARK ~ 18 $287,620 -10.2% $311,200 -5.1% -5.7% 
BOOVAL 16 $258,888 N/A $260,000 0.0% -3.7% 
BRASSALL ~ 30 $324,000 13.2% $315,000 1.6% -4.0% 
BUNDAMBA ~ * 20 $250,500 -15.4% $275,000 3.4% -3.5% 
CAMIRA 24 $335,000 -3.5% $332,320 2.3% -0.8% 
COLLINGWOOD PARK 20 $302,500 -3.5% $305,000 2.0% -6.9% 
EAST IPSWICH ~ 9 N/A N/A $240,000 -2.4% -13.0% 
EASTERN HEIGHTS 15 $275,000 -5.2% $272,500 11.2% -0.9% 
FLINDERS VIEW ~ 11 $394,250 11.1% $357,500 10.2% -7.7% 
GOODNA 28 $285,000 8.6% $280,000 4.7% -5.1% 
IPSWICH ~ 7 N/A N/A $263,000 -6.1% -20.8% 
KARALEE ^ 10 $465,000 N/A $510,000 4.1% 10.2% 
LEICHHARDT ~ 11 $206,000 -8.0% $215,000 10.3% -12.2% 
NEWTOWN 5 N/A N/A $313,500 8.5% -2.9% 
NORTH BOOVAL ~ 7 N/A N/A $230,000 -3.0% -15.6% 
NORTH IPSWICH ~ 22 $295,000 11.1% $253,100 12.5% -9.9% 
ONE MILE 10 $250,000 N/A $230,000 4.5% -6.1% 
RACEVIEW 33 $306,500 2.2% $303,000 4.5% -2.3% 
REDBANK PLAINS 46 $277,000 -6.1% $295,000 4.2% -4.8% 
RIVERVIEW 9 N/A N/A $235,000 N/A -6.9% 
ROSEWOOD 10 $271,250 N/A $260,000 4.0% 2.0% 
SILKSTONE 15 $250,000 5.9% $265,000 6.0% -3.6% 
SPRINGFIELD 22 $388,000 3.1% $378,000 1.1% 1.7% 
SPRINGFIELD LAKES 66 $410,000 1.9% $395,000 4.4% 0.8% 
TIVOLI 9 N/A N/A $250,000 N/A -5.7% 
WOODEND 7 N/A N/A $307,000 7.7% 6.0% 
YAMANTO 16 $395,000 4.6% $350,000 4.5% 1.2% 
LOGAN CITY (LGA) 818 $341,000 -0.9% $345,000 4.5% 1.4% 
LOGAN CITY (LGA) ^ 157 $510,000 5.3% $510,000 6.3% 3.0% 
BEENLEIGH 24 $281,500 -1.9% $290,000 1.9% -9.9% 
BERRINBA 5 N/A N/A $410,000 N/A 6.8% 
BETHANIA 12 $293,500 6.7% $282,250 -1.0% -9.0% 
BORONIA HEIGHTS 32 $320,000 -2.3% $315,000 3.3% 1.0% 
BROWNS PLAINS ~ 16 $323,051 11.8% $304,500 1.5% -4.1% 
CEDAR GROVE ^ 8 N/A N/A $425,000 7.6% 1.2% 
CEDAR VALE ^ 7 N/A N/A $430,000 0.8% 3.2% 
CORNUBIA ~ 19 $512,000 10.7% $470,000 3.3% 3.9% 
CRESTMEAD 54 $297,500 6.3% $290,000 5.4% -4.9% 
DAISY HILL ~ 24 $430,500 -8.4% $431,500 11.8% 12.1% 
EAGLEBY 35 $245,000 -2.6% $255,000 2.6% -10.8% 
EDENS LANDING ~ 21 $320,000 -7.8% $340,000 1.8% -3.5% 
FORESTDALE ^ 6 N/A N/A $645,000 -0.4% 10.3% 
GREENBANK ^ 27 $539,000 -0.1% $517,500 2.6% 1.1% 
HERITAGE PARK 19 $407,000 -5.5% $406,500 8.4% 4.2% 
HILLCREST 24 $329,600 8.8% $320,100 0.4% -3.1% 
JIMBOOMBA 10 $327,250 N/A $361,000 -4.7% -5.0% 
JIMBOOMBA ^ 22 $437,250 -3.9% $460,000 2.2% 3.1% 
KINGSTON 38 $267,000 -4.3% $265,000 10.4% -5.7% 
LOGAN CENTRAL 18 $268,500 -0.6% $264,000 10.0% -2.9% 
LOGAN RESERVE 3 N/A N/A $339,000 N/A N/A 
LOGAN VILLAGE ^ 9 N/A N/A $495,000 6.5% 0.5% 
LOGANHOLME 30 $358,500 1.6% $358,000 0.0% 3.8% 
LOGANLEA 27 $325,000 7.4% $308,500 7.4% 1.1% 
MARSDEN 47 $307,350 -6.7% $312,000 6.1% -1.0% 
MEADOWBROOK 13 $372,500 N/A $370,000 3.9% -4.1% 
MOUNT WARREN PARK 23 $358,000 6.1% $340,000 1.9% -1.4% 
MUNRUBEN ^ 5 N/A N/A $515,000 4.0% 6.2% 
NEW BEITH ^ 14 $538,500 -4.2% $555,250 6.8% 2.6% 
REGENTS PARK 48 $365,000 -1.7% $354,000 1.1% -0.3% 
ROCHEDALE SOUTH 50 $430,000 3.6% $425,000 4.9% 9.0% 
SHAILER PARK 34 $477,500 -3.0% $478,500 5.7% 6.3% 
SLACKS CREEK ~ 29 $316,000 10.9% $295,000 6.8% -1.3% 
SPRINGWOOD 24 $435,000 3.6% $438,000 9.5% 9.5% 
TANAH MERAH 11 $388,000 2.1% $395,000 9.7% -1.0% 
UNDERWOOD 23 $482,000 -2.6% $478,250 6.3% 21.8% 
WATERFORD 18 $352,500 N/A $355,000 5.3% -10.7% 
WATERFORD WEST 19 $340,500 8.4% $314,000 11.3% -1.7% 
WINDAROO 13 $430,000 N/A $417,000 10.5% 7.6% 
WOODRIDGE 38 $268,500 1.3% $260,000 10.6% -2.6% 
YARRABILBA 9 N/A N/A $396,500 N/A N/A 
MORETON BAY (LGA) 1,275 $382,250 -1.4% $390,000 4.0% 4.0% 
MORETON BAY (LGA) ^ 189 $557,500 2.3% $560,000 3.7% 1.8% 
ALBANY CREEK 42 $505,000 8.7% $500,000 3.7% 5.8% 
ARANA HILLS 28 $457,750 -6.6% $455,755 3.3% 6.0% 
BANKSIA BEACH 20 $502,500 7.6% $466,000 1.3% -0.5% 
BEACHMERE 17 $330,000 9.6% $317,500 12.2% -3.8% 
BELLARA 16 $328,000 N/A $328,000 0.9% 0.2% 
BELLMERE 29 $335,000 6.3% $325,000 -0.9% -8.8% 
BONGAREE ~ 31 $350,000 -18.6% $397,500 9.7% 6.0% 
BRAY PARK 36 $370,000 2.1% $365,000 7.4% 0.6% 
BUNYA ^ 9 N/A N/A $726,000 N/A N/A 
BURPENGARY 34 $360,000 -2.2% $357,000 5.0% -0.1% 
BURPENGARY ^ 12 $545,000 0.0% $530,000 1.9% 1.0% 
BURPENGARY EAST 1 N/A N/A $397,000 N/A N/A 
BURPENGARY EAST ^ 7 N/A N/A $530,000 8.2% 6.0% 
CABOOLTURE 62 $278,500 -2.3% $287,000 4.4% -4.2% 
CABOOLTURE ^ 14 $465,000 -1.3% $451,000 2.5% -0.2% 
CABOOLTURE SOUTH ~ 22 $300,000 16.1% $275,000 9.6% -3.5% 
CASHMERE 10 $650,000 N/A $617,125 7.7% 10.2% 
CLONTARF 33 $389,000 2.6% $375,000 11.9% 4.3% 
DAKABIN 4 N/A N/A $425,000 N/A N/A 
DECEPTION BAY 76 $305,000 0.8% $300,000 5.6% -5.4% 
EATONS HILL 24 $548,000 5.8% $534,000 4.1% 5.5% 
ELIMBAH ^ 9 N/A N/A $480,000 0.0% -3.0% 
EVERTON HILLS 14 $468,500 -5.7% $485,000 6.8% 14.4% 
FERNY HILLS 31 $460,000 -1.5% $463,500 4.2% 9.1% 
GRIFFIN 8 N/A N/A $432,500 6.5% 8.8% 
KALLANGUR 68 $352,000 4.6% $341,000 6.6% -1.9% 
KIPPA-RING 33 $370,000 -4.8% $375,000 7.1% 3.3% 
LAWNTON 24 $352,000 N/A $338,500 2.3% -0.4% 
MANGO HILL 20 $457,387 2.3% $435,500 2.1% -3.2% 
MARGATE 29 $385,000 -5.2% $375,000 7.4% 6.4% 
MORAYFIELD 68 $315,450 1.8% $310,000 6.7% -6.1% 
MORAYFIELD ^ 18 $521,250 3.7% $520,000 7.2% -0.5% 
MURRUMBA DOWNS 30 $439,500 -5.1% $450,000 5.9% 8.4% 
NARANGBA 60 $403,500 1.5% $420,000 0.7% -1.1% 
NEWPORT 14 $792,500 N/A $810,000 12.1% 4.2% 
NINGI 10 $316,000 N/A $352,000 4.7% 14.3% 
NINGI ^ 7 N/A N/A $480,000 1.9% -0.1% 
NORTH LAKES 108 $438,000 -2.7% $449,250 3.3% 2.1% 
PETRIE 35 $369,500 2.4% $370,000 4.5% -0.1% 
REDCLIFFE 44 $383,000 2.3% $377,000 10.9% 7.4% 
ROTHWELL 20 $391,000 5.0% $385,000 8.5% 2.7% 
SAMFORD VALLEY ^ 11 $861,250 N/A $861,250 8.3% 11.1% 
SANDSTONE POINT 9 N/A N/A $370,000 0.3% -5.1% 
SCARBOROUGH ~ f 40 $490,000 13.3% $479,500 15.5% 16.7% 
STRATHPINE ~ 20 $330,000 -13.2% $355,000 8.9% 2.9% 
UPPER CABOOLTURE 6 N/A N/A $315,000 -0.3% -7.4% 
UPPER CABOOLTURE ^ 4 N/A N/A $507,500 2.5% N/A 
WAMURAN ^ 13 $520,000 N/A $488,750 5.4% -0.3% 
WARNER 31 $476,750 0.4% $470,000 2.2% 5.6% 
WARNER ^ 2 N/A N/A $690,000 N/A N/A 
WOODY POINT 21 $420,000 9.4% $387,500 2.5% 5.3% 
WOORIM 6 N/A N/A $400,000 -3.6% -7.0% 
REDLAND (LGA) 488 $468,000 -0.2% $465,000 3.3% 5.7% 
REDLAND (LGA) ^ ~ 29 $802,000 -3.4% $795,000 6.0% 1.9% 
ALEXANDRA HILLS 51 $406,000 -0.9% $410,000 5.1% 3.8% 
BIRKDALE 46 $492,250 2.6% $481,250 4.6% 8.1% 
CAPALABA 47 $421,000 -4.3% $425,000 4.9% 6.5%
BRISBANE MARKET UPDATES 
CAPALABA BRISBANE CITY HOUSE SALES (p) 
JUN 14 SEP 14 
1900 
(p) Preliminary. Source: REIQ, p) Preliminary. Source: REIQ, BRISBANE SURROUNDS HOUSE SALES (p) 
INCLUDES BRISBANE IPSWICH, LOGAN, CITY MORETON UNIT BAY SALES & REDLAND 
JUN 14 SEP 14 
(p) 
JUN 14 SEP 14 
875 
508 
384 
57 
GOLD COAST HOUSE SALES (p) 
BRISBANE SURROUNDS UNIT SALES (p) 
JUN 14 SEP 14 
INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND 
516 
JUN 14 SEP 14 
SUNSHINE COAST & NOOSA HOUSE SALES (p) 
GOLD COAST UNIT SALES (p) 
JUN 14 SEP 14 
p) Preliminary. Source: REIQ, ((p) Preliminary. Source: REIQ, <$SEPTEMBER QUARTER 2014 13 
SALES MARKET - HOUSES (CONT’D) 
SUBURB NUMBER 
OF SALES 
MEDIAN 
SALE 
QTRLY 
CHANGE 
ANNUAL 
MEDIAN 
SALE 
1YR 
CHANGE 
5YR 
CHANGE 
SALES MARKET - UNITS & TOWNHOUSES 
SALES MARKET - UNITS & TOWNHOUSES (CONT’D) 
SUBURB NUMBER 
OF SALES 
MEDIAN 
SALE 
QTRLY 
CHANGE 
ANNUAL 
MEDIAN 
SALE 
1YR 
CHANGE 
5YR 
CHANGE 
166 
770 
1840 
784 
161 235 
274 
<$350,000 $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
1154 1157 
472 
18 
1272 1256 
480 
21 
<$350,000 $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
65 
480 
548 
575 
66 84 
101 
<$350,000 $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
JUN 14 SEP 14 
440 
346 
443 
373 
(p) Preliminary. Source: REIQ, (363 
860 
454 
62 45 
54 
<$250,000 $250,000+ $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
197 
260 
111 
46 
5 
260 282 
132 
51 
5 
<$250,000 $250,000+ $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
520 
560 
<$^ 5 N/A N/A $830,000 2.5% 9.9% 
CLEVELAND 51 $504,500 5.7% $513,500 2.5% 3.8% 
COOCHIEMUDLO ISLAND 5 N/A N/A $297,500 N/A N/A 
MACLEAY ISLAND ~ 16 $205,000 3.0% $205,000 -6.8% -14.6% 
MOUNT COTTON ~ 11 $429,000 -7.7% $469,000 2.3% 3.1% 
ORMISTON 24 $557,500 2.3% $549,000 -6.2% -2.8% 
REDLAND BAY 62 $499,000 -4.2% $499,000 5.6% 3.4% 
RUSSELL ISLAND ~ 13 $170,000 15.3% $175,000 -4.2% -23.9% 
THORNESIDE 14 $444,000 -5.5% $437,500 8.3% 7.2% 
THORNLANDS 37 $500,250 -0.9% $511,585 0.3% -1.7% 
VICTORIA POINT 64 $472,500 1.6% $467,725 3.9% 3.9% 
WELLINGTON POINT 39 $517,500 1.5% $520,000 2.0% 4.0% 
SURROUNDS 
LOCKYER VALLEY (LGA) 40 $248,750 1.5% $245,500 2.3% -6.4% 
LOCKYER VALLEY (LGA) ^ 81 $330,000 1.1% $340,000 3.7% 3.0% 
GATTON 25 $255,750 1.6% $258,500 3.4% -7.3% 
KENSINGTON GROVE ^ 9 N/A N/A $361,500 15.9% 1.4% 
LAIDLEY ~ 9 N/A N/A $212,500 -3.4% -15.2% 
LAIDLEY HEIGHTS ^ 10 $290,000 N/A N/A N/A N/A 
PLAINLAND ^ 5 N/A N/A $343,000 5.5% 8.9% 
REGENCY DOWNS ^ 7 N/A N/A $305,000 4.5% -4.7% 
WITHCOTT ^ 6 N/A N/A $361,250 0.6% 12.9% 
SCENIC RIM (LGA) ~ 49 $336,250 -5.3% $350,000 2.9% 2.9% 
SCENIC RIM (LGA) ^ ~ 66 $515,000 8.2% $480,000 10.3% 6.7% 
BEAUDESERT 10 $324,500 4.7% $318,750 4.5% 7.1% 
BOONAH 7 N/A N/A $270,000 1.9% -3.6% 
KOORALBYN ^ 4 N/A N/A $315,000 1.0% -3.1% 
TAMBORINE ^ ~ 17 $550,000 11.7% $532,500 8.1% 10.9% 
TAMBORINE MOUNTAIN 21 $450,000 7.8% $435,000 11.0% -1.1% 
TAMBORINE MOUNTAIN ^ 8 N/A N/A $585,000 -9.9% N/A 
SOMERSET (LGA) 37 $259,500 -1.1% $254,000 5.8% 3.7% 
SOMERSET (LGA) ^ 52 $382,500 -1.9% $379,500 11.6% 10.0% 
ESK 5 N/A N/A $238,000 N/A N/A 
FERNVALE 6 N/A N/A $337,000 N/A -2.6% 
KILCOY ~ 8 N/A N/A $238,000 N/A -11.9% 
LOWOOD ~ 9 N/A N/A $258,000 -14.0% 9.8% 
LOWOOD ^ 1 N/A N/A $323,750 N/A 6.1% 
TOOGOOLAWAH 4 N/A N/A $206,500 N/A 8.4% 
BRISBANE (SD) 2,716 $384,900 -1.3% $390,000 4.0% 8.3% 
IPSWICH CITY (LGA) ~ t 73 $242,000 -16.5% $288,700 14.6% 9.8% 
BRASSALL 7 N/A N/A $248,000 N/A -10.5% 
BUNDAMBA 6 N/A N/A $290,000 N/A N/A 
GOODNA * t 14 $310,000 0.0% $310,000 N/A 31.9% 
REDBANK PLAINS * t 5 N/A N/A $219,000 -14.3% -22.5% 
LOGAN CITY (LGA) 263 $241,000 4.8% $248,000 -4.2% -5.3% 
BEENLEIGH ~ t 15 $190,000 12.4% $176,700 -1.8% -25.0% 
BORONIA HEIGHTS 6 N/A N/A $200,000 N/A N/A 
EAGLEBY * t 12 $210,000 N/A $260,000 -13.6% -14.0% 
HILLCREST 4 N/A N/A $216,250 N/A N/A 
KINGSTON 25 $310,000 N/A $295,000 N/A 0.0% 
LOGAN CENTRAL 9 N/A N/A $170,000 5.3% -11.6% 
MARSDEN 14 $334,000 N/A $330,000 -0.3% -5.7% 
MEADOWBROOK 6 N/A N/A $252,000 N/A -12.7% 
MOUNT WARREN PARK 5 N/A N/A $197,500 N/A -10.2% 
ROCHEDALE SOUTH 6 N/A N/A $270,500 2.7% -3.4% 
SHAILER PARK 14 $259,000 N/A $263,000 -4.4% -10.1% 
SLACKS CREEK 16 $205,000 -2.8% $200,000 5.3% -16.3% 
SPRINGWOOD 7 N/A N/A $260,500 5.5% -7.0% 
UNDERWOOD 13 $377,000 N/A $380,000 -1.2% 4.4% 
WATERFORD WEST 9 N/A N/A $195,000 N/A -12.8% 
WOODRIDGE 37 $183,000 -1.5% $182,000 4.0% -11.2% 
MORETON BAY (LGA) 319 $319,450 -0.2% $330,000 6.5% 3.6% 
ARANA HILLS 7 N/A N/A $350,000 -8.1% 2.9% 
BANKSIA BEACH 9 N/A N/A $357,000 4.5% -6.1% 
BONGAREE 21 $270,000 N/A $289,500 0.7% -7.7% 
BRENDALE ~ t 19 $274,500 -0.2% $320,000 20.8% 14.3% 
BURPENGARY 9 N/A N/A $270,000 N/A -3.6% 
CABOOLTURE ~ t 22 $145,000 -47.3% $199,500 -13.3% -31.2% 
CLONTARF * 12 $436,250 N/A $431,000 28.7% 23.3% 
DECEPTION BAY ~ t 20 $311,900 41.8% $269,000 3.5% 3.9% 
GRIFFIN 4 N/A N/A $354,000 0.4% N/A 
KALLANGUR 22 $331,000 7.4% $329,000 13.4% 0.2% 
KIPPA-RING 6 N/A N/A $266,500 9.0% -20.0% 
LAWNTON 11 $237,000 N/A $220,000 8.6% -14.4% 
MANGO HILL 3 N/A N/A $355,000 0.0% N/A 
MARGATE ~ 9 N/A N/A $372,500 20.6% -2.0% 
MURRUMBA DOWNS 10 $349,000 N/A $351,450 0.4% 13.7% 
NORTH LAKES 19 $359,000 0.0% $359,000 0.8% N/A 
REDCLIFFE ~ 41 $316,000 -7.1% $345,000 -1.4% 0.0% 
ROTHWELL 6 N/A N/A $292,500 N/A -8.2% 
SCARBOROUGH 19 $410,000 8.6% $390,000 4.0% -1.3% 
STRATHPINE 5 N/A N/A $254,750 3.1% -9.3% 
WOODY POINT 10 $297,500 N/A $317,500 -9.3% -13.5% 
REDLAND CITY (LGA) 97 $356,750 6.5% $350,000 4.5% 3.9% 
CAPALABA ~ t 27 $275,000 -15.0% $312,000 8.3% 3.1% 
CLEVELAND ~ 25 $400,000 -5.9% $415,000 18.6% 1.2% 
ORMISTON 11 $365,000 N/A $350,000 -9.0% 4.9% 
THORNESIDE 8 N/A N/A $311,000 14.3% 1.0% 
VICTORIA POINT 10 $355,000 N/A $350,000 13.8% 7.9%
BRISBANE MARKET UPDATES 
SALES MARKET - VACANT LAND 
SUBURB NUMBER 
OF SALES 
MEDIAN 
SALE 
BRISBANE CITY LAND SALES (p) 
JUN 14 SEP 14 
57 
BRISBANE SURROUNDS LAND SALES (p) 
Includes IPSWICH, LOGAN, MORETON BAY & REDLAND 
JUN 14 SEP 14 
14 QUEENSLAND MARKET MONITOR 
QTRLY 
CHANGE 
ANNUAL 
MEDIAN 
SALE 
1YR 
CHANGE 
5YR 
CHANGE 
SALES MARKET - VACANT LAND (CONT’D) 
SUBURB NUMBER 
OF SALES 
MEDIAN 
SALE 
QTRLY 
CHANGE 
ANNUAL 
MEDIAN 
SALE 
1YR 
CHANGE 
5YR 
CHANGE 
RENTAL MARKET - 3 BED HOUSES 
POST SEP-14 SEP-13 
CODE LOCALITYL $/WEEK NEW BONDS $/WEEK NEW BONDS 
IPSWICH CITY $300 797 $295 782 
4300 AUGUSTINE HEIGHTS $340 217 $330 201 
4301 COLLINGWOOD PARK $310 119 $300 95 
4303 DINMORE $270 26 $270 23 
4304 BLACKSTONE $280 83 $280 89 
4305 BASIN POCKET $280 273 $275 286 
4306 AMBERLEY $330 53 $299 56 
4340 ASHWELL $265 24 $300 25 
LOGAN CITY $340 980 $335 928 
4114 KINGSTON $315 177 $315 149 
4117 BERRINBA LAND 
$340 8 $340 7 
4118 BROWNS PLAINS $340 106 $340 93 
4119 UNDERWOOD $395 15 $375 21 
4123 PRIESTS GULLY TOOWOOMBA LAND $380 SALES 43 (p) 
$380 56 
4124 BORONIA HEIGHTS JUN 14 $SEP 350 14 
45 $325 51 
4125 MUNRUBEN $430 7 $400 10 
4127 CHATSWOOD HILLS $360 103 $350 102 
4128 KIMBERLEY PARK $385 35 $375 34 
4129 LOGANDALE $355 29 $350 21 
4130 CARBROOK $385 14 $370 11 
4131 LOGANLEA $350 41 $325 30 
4132 CRESTMEAD $325 90 $325 84 
4133 CHAMBERS FLAT $350 28 $350 41 
4205 BETHANIA $330 18 $310 21 
4207 ALBERTON $330 195 $320 170 
4280 JIMBOOMBA $400 26 $395 27 
(p) Preliminary. See Source: REIQ, data 24 
MORETON BAY REGIONAL $340 1059 $330 1108 
FRASER COAST LAND SALES (p) 
4019 CLONTARF $360 89 $350 101 
4020 NEWPORT $360 73 $340 89 
4021 KIPPA-RING $350 30 $350 29 
4022 ROTHWELL $320 24 $320 16 
4035 ALBANY CREEK $400 17 $410 24 
4055 BUNYA $410 30 $410 34 
4500 BRAY PARK $350 78 $350 71 
4501 LAWNTON $330 23 $340 16 
4502 FRENCHS FOREST $350 30 $350 26 
4503 DAKABIN $350 107 $350 101 
4504 NARANGBA $320 30 $330 36 
4505 BURPENGARY $340 22 $312 39 
4506 MOORINA $295 54 $290 60 
4507 BANKSIA BEACH $335 44 $320 60 
4508 DECEPTION BAY $305 106 $300 86 
43 40 40 
49 
29 31 
24 
<$250,000 $250,000+ $350,000+ $500,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
379 
71 
36 
3 
341 
59 
22 9 
<$250,000 $250,000+ $350,000+ $500,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
88 
102 
GOLD COAST LAND SALES (p) 
JUN 14 SEP 14 
40 
49 
JUN 14 SEP 14 
BUNDABERG LAND SALES (p) 
JUN 14 SEP 14 
57 
0 0 
62 
3 0 
<$250,000 $250,000+ $350,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
ROCKHAMPTON 52 
<$41 
<$(p) Preliminary. See Source: REIQ, data 2 2 
60 
3 4 
<$250,000 $250,000+ $350,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
84 
BRISBANE (SD) 590 $215,000 -0.3% $215,000 4.9% 1.2% 
BRISBANE (SD) ^ 83 $273,000 1.1% $265,000 -0.6% 3.9% 
IPSWICH CITY (LGA) 78 $168,177 -3.9% $179,000 3.5% 5.3% 
IPSWICH CITY (LGA) ^ 16 $244,500 N/A $249,000 N/A 4.4% 
AUGUSTINE HEIGHTS ~ 5 N/A N/A $243,700 18.3% 9.7% 
BELLBIRD PARK 7 N/A N/A $197,000 6.5% N/A 
BRASSALL 7 N/A N/A $180,000 5.9% 3.3% 
BUNDAMBA 0 N/A N/A $169,950 11.1% 4.4% 
DEEBING HEIGHTS 8 N/A N/A $164,225 9.5% N/A 
GOODNA ~ 5 N/A N/A $170,000 -8.1% 0.0% 
KARALEE ^ 5 N/A N/A $255,000 N/A N/A 
LEICHHARDT 3 N/A N/A $167,500 N/A N/A 
RACEVIEW 3 N/A N/A $172,000 5.5% 4.2% 
REDBANK PLAINS 10 $165,000 N/A $141,000 -1.0% -16.6% 
SPRINGFIELD LAKES ~ 16 $152,000 -5.0% $188,000 7.4% 12.6% 
LOGAN CITY (LGA) ~ 89 $188,000 -3.6% $176,000 -9.7% -14.1% 
LOGAN CITY (LGA) ^ 24 $280,000 6.1% $260,000 5.1% 13.5% 
BUCCAN ^ 10 $290,000 N/A $295,000 N/A N/A 
CORNUBIA 6 N/A N/A $345,000 1.5% N/A 
HOLMVIEW ~ * 0 N/A N/A $166,850 -9.7% -20.5% 
JIMBOOMBA 10 $185,000 N/A $177,000 1.1% N/A 
JIMBOOMBA ^ 3 N/A N/A $227,750 10.7% 20.5% 
LOGAN RESERVE ~ 10 $138,000 -8.8% $155,000 0.0% N/A 
LOGAN VILLAGE 3 N/A N/A $249,000 N/A N/A 
MARSDEN 4 N/A N/A $182,500 -1.4% -3.4% 
NEW BEITH ^ 2 N/A N/A $274,000 5.4% 13.2% 
UNDERWOOD 3 N/A N/A $370,000 2.8% 13.8% 
WATERFORD ~ 21 $170,000 -10.5% $175,500 -3.6% -2.0% 
YARRABILBA 8 N/A N/A $150,500 -1.1% N/A 
MORETON BAY (LGA) 140 $210,825 -1.9% $214,180 4.5% 4.5% 
MORETON BAY (LGA) ^ 27 $272,000 4.6% $265,000 -3.6% -7.0% 
BANKSIA BEACH 5 N/A N/A $422,500 -1.7% -8.2% 
BRAY PARK 3 N/A N/A $204,500 1.7% -7.0% 
BURPENGARY 4 N/A N/A $212,900 1.4% N/A 
CABOOLTURE ~ 18 $187,000 8.4% $175,250 -2.6% -5.3% 
CABOOLTURE ^ 4 N/A N/A $255,000 -1.9% N/A 
D'AGUILAR 2 N/A N/A $161,000 N/A N/A 
DAKABIN 18 $200,500 N/A $200,000 1.5% N/A 
GRIFFIN 20 $214,525 0.2% $214,025 4.4% 5.7% 
MANGO HILL 11 $218,000 -3.1% $228,000 6.0% -2.9% 
MORAYFIELD 6 N/A N/A $172,000 0.0% -9.5% 
NARANGBA 6 N/A N/A $206,105 3.8% -7.5% 
NINGI ~ * 4 N/A N/A $184,900 N/A -18.1% 
NORTH LAKES ~ * 9 N/A N/A $234,910 11.9% 16.9% 
WAMURAN ^ 2 N/A N/A $235,000 N/A -4.1% 
WARNER 19 $222,000 -3.0% $225,500 0.2% -0.7% 
REDLAND CITY (LGA) ~ B 124 $51,000 -27.1% $233,000 275.8% -2.1% 
BIRKDALE 6 N/A N/A $310,397 N/A 3.5% 
CLEVELAND 2 N/A N/A $300,000 N/A -2.9% 
MACLEAY ISLAND ~ 32 $33,500 11.7% $28,000 -3.4% -53.3% 
MOUNT COTTON 4 N/A N/A $262,000 4.8% 6.9% 
REDLAND BAY 17 $285,000 N/A $285,000 8.0% 7.5% 
RUSSELL ISLAND ~ 39 $20,000 0.0% $20,000 0.0% -55.6% 
THORNLANDS ~ 13 $299,000 8.7% $298,000 9.6% 20.2% 
WELLINGTON POINT 3 N/A N/A $353,738 7.2% 5.6% 
SURROUNDS 
LOCKYER VALLEY (LGA) 32 $100,000 0.0% $100,000 N/A -13.0% 
LOCKYER VALLEY (LGA) ^ 30 $127,500 2.0% $129,500 12.6% -1.9% 
LAIDLEY NORTH 25 $100,000 0.0% $100,000 0.0% N/A 
WITHCOTT ^ 6 N/A N/A $148,000 N/A N/A 
SCENIC RIM (LGA) 8 N/A N/A $179,500 0.0% -3.5% 
SCENIC RIM (LGA) ^ 12 N/A N/A $230,000 N/A 38.6% 
GLENEAGLE 4 N/A N/A $178,500 -0.6% 6.0% 
SOMERSET (LGA) 12 N/A N/A $135,000 0.0% 3.9% 
FERNVALE 8 N/A N/A $145,000 5.1% 10.3%
BRISBANE MARKET UPDATES 
SEPTEMBER QUARTER 2014 15 
RENTAL MARKET - 3 BED HOUSES (CONT’D) 
POST SEP-14 SEP-13 
CODE LOCALITYL $/WEEK NEW BONDS $/WEEK NEW BONDS 
RENTAL MARKET - 2 BED UNITS 
RENTAL MARKET - 2 BED UNITS (CONT’D) 
POST SEP-14 SEP-13 
CODE LOCALITYL $/WEEK NEW BONDS $/WEEK NEW BONDS 
4509 MANGO HILL $380 78 $370 83 
4510 BALINGOOL $285 162 $280 143 
4511 GODWIN BEACH $335 28 $300 27 
4514 BELLTHORPE $300 12 $300 28 
4520 ARMSTRONG CREEK $450 8 $400 14 
4521 CAMPBELLS POCKET $410 7 $340 12 
REDLAND CITY $380 361 $380 383 
4157 CAPALABA $400 30 $385 39 
4158 THORNESIDE $360 9 $360 10 
4159 AQUATIC PARADISE $395 25 $385 26 
4160 EROBIN $390 39 $400 35 
4161 ALEXANDRA HILLS $390 47 $390 54 
4163 CLEVELAND $420 50 $410 34 
4164 PINKLANDS $395 21 $410 13 
4165 MOUNT COTTON $395 61 $400 85 
4183 AMITY $310 6 $350 9 
4184 COOCHIEMUDLO ISLAND $245 73 $240 78 
LOCKYER VALLEY REGIONAL $270 116 $275 100 
4341 BLENHEIM $270 41 $280 41 
4342 CROWLEY VALE $270 18 $265 9 
4343 ADARE $275 49 $265 39 
4344 CARPENDALE $260 6 $290 8 
SCENIC RIM REGIONAL $300 94 $300 153 
4271 EAGLE HEIGHTS $380 7 $355 12 
4272 MOUNT TAMBORINE $360 17 $380 25 
4275 BENOBBLE $360 6 $375 8 
4285 ALLENVIEW $290 36 $290 69 
4309 ARATULA $245 8 $260 7 
4310 ALLANDALE $265 13 $270 17 
SOMERSET REGIONAL $280 63 $270 70 
4311 ATKINSONS DAM $260 27 $270 26 
4312 BRYDEN $280 13 $220 13 
4515 GLENFERN $300 20 $285 19 
IPSWICH CITY $250 171 $250 157 
4300 AUGUSTINE HEIGHTS $250 35 $250 26 
4301 COLLINGWOOD PARK $270 30 $250 27 
4304 BLACKSTONE $245 29 $240 19 
4305 BASIN POCKET $240 64 $240 78 
4306 AMBERLEY $225 12 N.A. 3 
LOGAN CITY $260 200 $260 209 
4114 KINGSTON $260 58 $255 62 
4127 CHATSWOOD HILLS $300 18 $330 17 
4128 KIMBERLEY PARK $290 6 N.A. 3 
4132 CRESTMEAD $260 8 $255 5 
4133 CHAMBERS FLAT $250 11 $240 17 
4207 ALBERTON $250 76 $250 70 
4280 JIMBOOMBA $270 8 $265 12 
MORETON BAY REGIONAL $270 527 $270 410 
4019 CLONTARF $270 81 $270 68 
4020 NEWPORT $290 80 $270 78 
4021 KIPPA-RING $275 15 $280 7 
4500 BRAY PARK $300 44 $285 27 
4501 LAWNTON $280 17 $260 6 
4503 DAKABIN $280 53 $285 33 
4504 NARANGBA $217 7 N.A. 1 
4505 BURPENGARY $230 9 $260 6 
4506 MOORINA $250 13 $250 15 
4507 BANKSIA BEACH $280 56 $255 53 
4508 DECEPTION BAY $264 20 $240 18 
4509 MANGO HILL $315 15 $315 15 
4510 BALINGOOL $250 102 $250 72 
REDLAND CITY $330 71 $330 65 
4157 CAPALABA $325 13 $325 8 
4158 THORNESIDE $305 7 N.A. 3 
4163 CLEVELAND $368 34 $365 35 
LOCKYER VALLEY REGIONAL $200 16 $210 24 
4343 ADARE $225 11 $240 14 
SCENIC RIM REGIONAL $220 30 $200 32 
4272 MOUNT TAMBORINE $275 5 N.A. 2 
4285 ALLENVIEW $210 20 $200 23 
RENTAL MARKET - 3 BED TOWNHOUSES 
IPSWICH CITY $310 142 $305 105 
4300 AUGUSTINE HEIGHTS $310 51 $335 33 
4301 COLLINGWOOD PARK $310 25 $300 26 
4304 BLACKSTONE $305 37 $305 18 
4305 BASIN POCKET $305 28 $300 27 
LOGAN CITY $335 432 $330 437 
4114 KINGSTON $315 49 $325 54 
4118 BROWNS PLAINS $350 47 $340 59 
4119 UNDERWOOD $410 36 $315 31 
4123 PRIESTS GULLY $340 8 $330 10 
4127 CHATSWOOD HILLS $315 38 $315 37 
4128 KIMBERLEY PARK $340 15 $320 9 
4130 CARBROOK $375 6 N.A. 4 
4131 LOGANLEA $350 23 $350 47 
4132 CRESTMEAD $345 50 $330 43 
4133 CHAMBERS FLAT $315 22 $300 10 
4205 BETHANIA $340 31 $0 0 
4207 ALBERTON $320 105 $310 130 
MORETON BAY REGIONAL $335 513 $335 537 
4019 CLONTARF $350 12 $350 14 
4020 NEWPORT $340 12 $365 14 
4021 KIPPA-RING $330 38 $330 53 
4022 ROTHWELL $330 5 $310 5 
4035 ALBANY CREEK $385 8 $380 13 
4500 BRAY PARK $335 29 $335 64 
4501 LAWNTON $330 11 $340 9 
4502 FRENCHS FOREST $330 15 $276 20 
4503 DAKABIN $340 174 $335 155 
4504 NARANGBA $345 6 $330 21 
4505 BURPENGARY $310 20 $310 21 
4506 MOORINA $310 17 $310 17 
4508 DECEPTION BAY $310 56 $310 50 
4509 MANGO HILL $350 89 $345 64 
4510 BALINGOOL $295 10 $290 9 
4511 GODWIN BEACH $335 5 N.A. 4 
REDLAND CITY $390 92 $385 83 
4157 CAPALABA $360 19 $385 11 
4158 THORNESIDE $390 12 $375 5 
4160 EROBIN $395 8 $395 13 
4163 CLEVELAND $435 32 $385 25 
4165 MOUNT COTTON $395 13 $385 19 
LOCKYER VALLEY REGIONAL N.A. 9 N.A. 3 
4343 ADARE $290 8 N.A. 1
REGIONAL MARKET UPDATES 
GOLD COAST 
The Gold Coast real estate market is firmly into a new 
growth phase as the city’s economy gathers strength on 
the back of major infrastructure projects and an improving 
tourism market. 
The light rail project linking Southport to Broadbeach has 
delivered an important boost to the tourist centre, with the 
Pacific Fair Shopping Centre upgrade and preparations for 
the 2018 Commonwealth Games also contributing to a 
more positive economic outlook. 
House sale volumes on the Gold Coast rose seven per cent 
in the three months to September, with unit sales also 
increasing by five per cent. During the same period, acreage 
sales were up four per cent. 
Houses are selling quicker on the Gold Coast, with average 
days on market down to 72 days in the September quarter, 
compared to 96 days 12 months earlier. 
Average vendor discounting on the Gold Coast Coast 
is also trending downwards, currently sitting at six per 
cent in September 2013, compared to 11.6 per cent in 
September 2004. 
HOUSE MARKET 
The northern rim of the Gold Coast is recording strong 
sales volumes, as are a number of hinterland suburbs. 
Both contributed to the region’s impressive rise in sales in 
the September quarter. 
Those to record the biggest increase in quarterly sales 
included Upper Coomera (116 per cent), Helensvale (63 
per cent) and Robina (63 per cent). 
According to local agents this sales growth has been 
underpinned by job-creating developments in the region 
and a return of confidence in the tourism market. 
Despite rising sales volumes, median house prices on 
the Gold Coast eased 3.9 per cent to $495,000 in the three 
months to September. This is the result of higher sale 
volumes as the lower end of the market and a fall in the 
number of $500,000-plus sales. 
REIQ’S price point data confirms this, with the highest 
number of preliminary sales numbers recorded in the 
$350,000-plus bracket. Sales also rose slightly in the 
$250,000-plus price bracket. 
16 QUEENSLAND MARKET MONITOR 
However, sale volumes in the $500,000-plus price bracket 
were down 5.8 per cent in the three months to September, 
with million-dollar plus sales also picking up on much 
smaller volumes. 
Some suburbs recorded impressive price growth over the 
quarter, however, such as Runaway Bay (40.1 per cent), 
Clear Island Waters (22.2 per cent), and Paradise Point 
(13.3 per cent). 
UNIT MARKET 
The Gold Coast unit and townhouse market recorded a 
five per cent increase in sale volumes in the three months 
to September. 
Median unit prices on the Gold Coast eased 2.9 per 
cent during this period to $340,000. While units priced 
up to $500,000 saw an increase in sales, volumes in the 
$500,000-plus price bracket were down. 
Local agents say there are still good opportunities in the 
high rise market, with many properties being quickly 
picked off by investors. In the past month, investor 
activity in the apartment/unit market has reportedly been 
very strong. 
Sales volumes were also up in the luxury end of the 
market, with 59 apartments priced upwards of $1 million 
changing hands, up from 36 in the June quarter. 
Suburbs to record strong price growth over the quarter 
included Coolangatta (25.7 per cent) and Coombabah 
(15.6 per cent). 
RENTAL MARKET 
According to the REIQ’s latest rental survey, rental 
conditions on the Gold Coast remain tight amid a shortage 
of supply. 
The Gold Coast recorded a vacancy rate of 1.9 per cent at 
the end of September, with median weekly rents remaining 
stable over the September quarter. 
Local agents say the higher rental yields available on 
the Gold Coast are attracting an increasing number of 
interstate investors. It’s hoped increased investor activity 
will add to the supply of available rental stock.
17 
REGIONAL MARKET UPDATES 
SALES MARKET - UNITS & TOWNHOUSES 
SEPTEMBER QUARTER 2014 
SUBURB NUMBER 
OF SALES 
MEDIAN 
SALE 
QTRLY 
CHANGE 
ANNUAL 
MEDIAN 
SALE 
1YR 
CHANGE 
5YR 
CHANGE 
SALES MARKET - HOUSES 
SUBURB NUMBER 
OF SALES 
MEDIAN 
SALE 
QTRLY 
CHANGE 
ANNUAL 
MEDIAN 
SALE 
1YR 
CHANGE 
5YR 
CHANGE 
GOLD COAST CITY (LGA) ~ 1,316 $495,000 -3.9% $500,000 5.5% 6.4% 
GOLD COAST CITY (LGA) ^ 129 $680,000 0.3% $670,000 4.7% 0.8% 
ARUNDEL 23 $460,000 -3.2% $470,000 1.1% 1.1% 
ASHMORE 27 $486,500 4.6% $480,000 11.0% 4.3% 
BENOWA 24 $700,000 -3.5% $700,000 3.7% 0.7% 
BIGGERA WATERS 21 $553,000 N/A $555,000 14.4% 7.2% 
BONOGIN ^ ~ 11 $656,000 11.2% $590,000 2.5% -4.8% 
BROADBEACH WATERS ~ 37 $777,500 -8.7% $810,000 13.3% -4.7% 
BUNDALL ~ f 20 $845,000 10.5% $775,000 7.3% -6.0% 
BURLEIGH HEADS 16 $651,250 2.2% $613,000 13.9% 13.5% 
BURLEIGH WATERS 46 $580,000 -6.8% $580,000 9.4% 6.7% 
CARRARA 27 $475,000 -2.1% $460,000 4.8% 4.5% 
CLEAR ISLAND WATERS ~ f 16 $977,500 22.2% $836,250 16.0% 1.2% 
COOMBABAH 28 $420,000 7.7% $399,500 1.1% -2.6% 
COOMERA 14 $369,000 -0.3% $362,500 2.1% -10.6% 
CURRUMBIN ~ f 3 N/A N/A $742,500 33.8% N/A 
CURRUMBIN WATERS ~ 15 $465,000 -7.9% $503,000 4.0% 5.9% 
ELANORA ~ 33 $485,000 -8.3% $515,000 7.3% 6.4% 
GILSTON 6 N/A N/A $468,750 N/A 0.3% 
HELENSVALE 70 $502,000 4.4% $480,000 7.1% 1.1% 
HIGHLAND PARK 19 $435,000 8.6% $425,000 4.9% 3.7% 
HOLLYWELL 7 N/A N/A $540,000 3.0% 5.4% 
HOPE ISLAND ~ f 15 $500,000 -14.3% $527,500 12.2% 5.5% 
JACOBS WELL 10 $407,500 N/A N/A N/A N/A 
LABRADOR 35 $415,000 -5.7% $430,000 11.7% 3.3% 
MAUDSLAND 7 N/A N/A $460,000 6.4% 8.2% 
MERMAID BEACH ~ f 14 $1,099,000 N/A $935,000 9.7% -11.8% 
MERMAID WATERS 37 $618,500 -6.3% $660,000 6.5% 6.5% 
MERRIMAC 11 $417,000 -1.9% $420,000 10.5% 3.1% 
MIAMI 13 $595,000 2.6% $580,000 13.4% 14.5% 
MOLENDINAR ~ 20 $502,500 -7.8% $500,000 6.4% 3.1% 
MUDGEERABA 41 $470,000 -2.7% $470,000 5.6% 6.8% 
MUDGEERABA ^ 2 N/A N/A $630,000 2.1% 0.8% 
NERANG 47 $380,500 4.2% $371,000 5.7% -1.1% 
NERANG ^ 8 N/A N/A $715,000 N/A -0.3% 
ORMEAU 51 $428,000 2.1% $418,000 4.0% -2.8% 
ORMEAU ^ 5 N/A N/A $617,500 -2.8% -0.1% 
ORMEAU HILLS 7 N/A N/A $446,000 -2.6% -2.0% 
OXENFORD 39 $423,500 3.9% $433,750 2.1% 2.8% 
PACIFIC PINES 44 $480,000 7.3% $457,000 1.1% 0.4% 
PALM BEACH 33 $570,000 -6.7% $560,000 8.7% 7.7% 
PARADISE POINT ~ f 34 $850,000 13.3% $806,000 -8.7% -1.4% 
PARKWOOD 16 $479,000 1.2% $486,000 8.0% 4.7% 
PIMPAMA 21 $451,500 N/A $390,000 -1.8% 1.8% 
REEDY CREEK 18 $595,000 -2.5% $617,000 0.0% -0.5% 
ROBINA 60 $565,000 1.1% $525,000 4.0% 1.9% 
RUNAWAY BAY ~ f 24 $895,000 40.1% $809,000 11.6% 6.4% 
SOUTHPORT 59 $470,000 2.2% $452,500 7.7% 1.7% 
SURFERS PARADISE ~ f 21 $1,175,000 5.0% $1,110,000 -2.2% -15.3% 
TALLAI ^ 17 $690,000 N/A $675,000 -5.2% 0.0% 
TALLEBUDGERA ^ 10 $697,500 3.7% $675,000 2.3% -6.3% 
TALLEBUDGERA VALLEY ^ 8 N/A N/A $750,000 N/A N/A 
TUGUN 26 $477,500 -6.8% $476,000 -5.0% 5.8% 
UPPER COOMERA 93 $400,000 -1.7% $398,000 3.4% -2.5% 
VARSITY LAKES ~ f 33 $510,000 10.0% $482,500 3.8% 6.0% 
WORONGARY 12 $401,500 N/A $409,000 8.1% 4.9% 
WORONGARY ^ 6 N/A N/A $642,500 11.7% 5.3% 
GOLD COAST CITY (LGA) 1,677 $340,000 -2.9% $355,000 4.4% -1.9% 
ARUNDEL 24 $308,500 4.6% $307,750 4.1% -2.3% 
ASHMORE 23 $287,000 2.5% $279,999 10.9% -7.3% 
BENOWA 13 $405,000 N/A $520,000 2.2% 13.0% 
BIGGERA WATERS 43 $330,000 1.5% $399,000 8.1% 10.4% 
BILINGA ~ 6 N/A N/A $445,000 29.0% -4.3% 
BROADBEACH ~ f 84 $418,000 -7.1% $437,500 -1.7% -3.8% 
BROADBEACH WATERS 13 $365,000 N/A $370,000 5.7% -11.9% 
BUNDALL ~ 15 $303,000 N/A $300,000 -20.0% -5.8% 
BURLEIGH HEADS 88 $390,500 -3.6% $390,000 8.3% -1.9% 
BURLEIGH WATERS 14 $332,500 3.9% $338,000 5.6% -5.8% 
CARRARA 29 $350,000 3.3% $390,000 -5.5% 4.0% 
CLEAR ISLAND WATERS ~ f 9 $382,000 -11.5% $458,625 2.1% 19.3% 
COOLANGATTA ~ f 37 $460,000 25.7% $390,000 0.0% -8.2% 
COOMBABAH ~ t 24 $358,500 15.6% $315,000 6.8% 0.0% 
COOMERA ~ t 17 $325,000 N/A $264,000 -45.0% -24.6% 
CURRUMBIN 10 $380,750 N/A $400,000 2.6% -8.7% 
CURRUMBIN WATERS 16 $292,500 -3.3% $300,000 4.5% -7.3% 
ELANORA 14 $320,000 7.6% $296,500 4.0% -6.2% 
HELENSVALE ~ f 18 $260,000 -21.1% $310,000 -4.6% -24.8% 
HIGHLAND PARK 8 N/A N/A $247,000 N/A -10.8% 
HOPE ISLAND ~ t 30 $370,000 -11.9% $390,000 25.8% -27.8% 
LABRADOR 82 $302,500 -4.6% $318,000 7.8% 1.0% 
MAIN BEACH 40 $520,000 -1.9% $555,000 0.9% -6.7% 
MAUDSLAND 4 N/A N/A $276,000 -7.4% 11.5% 
MERMAID BEACH ~ f 32 $373,000 -7.9% $352,500 10.0% -2.1% 
MERMAID WATERS 31 $312,000 -1.4% $315,000 7.3% 0.3% 
MERRIMAC 13 $310,000 9.2% $358,000 10.2% 15.5% 
MIAMI 45 $355,000 -2.7% $350,000 4.5% -5.4% 
MUDGEERABA ~ t 13 $285,000 -13.1% $317,450 -10.6% -5.8% 
NERANG 34 $250,000 -2.3% $272,750 5.5% -4.3% 
ORMEAU 8 N/A N/A $320,000 4.9% -9.2% 
OXENFORD 16 $300,750 2.8% $275,000 6.8% -4.3% 
PACIFIC PINES ~ t 22 $322,500 -11.6% $359,250 1.5% -1.6% 
PALM BEACH ~ 45 $325,000 -8.5% $350,000 8.4% -4.1% 
PARADISE POINT ~ * 26 $450,000 0.0% $485,500 -14.8% 0.6% 
PIMPAMA 9 N/A N/A $354,900 -8.5% 3.0% 
REEDY CREEK ~ t 22 $279,500 -8.4% $291,000 10.6% -2.7% 
ROBINA 47 $383,000 0.7% $403,750 -3.8% -6.1% 
RUNAWAY BAY ~ f 29 $355,000 -10.1% $430,000 -1.1% -0.6% 
SOUTHPORT 128 $303,000 1.8% $327,869 5.8% -9.4% 
SURFERS PARADISE 242 $325,000 -6.6% $340,000 -4.2% -6.3% 
TUGUN 16 $375,000 -0.7% $376,250 7.0% -11.7% 
UPPER COOMERA 19 $302,500 -0.8% $295,000 3.5% -13.7% 
VARSITY LAKES 68 $388,000 4.9% $388,000 7.0% -0.6% 
The Gold Coast real estate 
market is firmly into a 
new growth phase as the 
city’s economy gathers 
strength...
REGIONAL MARKET UPDATES 
GOLD COAST CITY $360 2634 $350 2664 
4210 OXENFORD $300 23 $295 21 
4211 ADVANCETOWN $325 30 $295 36 
4212 HELENSVALE $390 57 $415 63 
4214 ARUNDEL $300 20 $250 14 
4215 LABRADOR $350 573 $335 582 
4216 PARADISE POINT $355 182 $345 216 
4217 BENOWA $400 656 $390 642 
4218 BROADBEACH $350 333 $350 367 
4220 BURLEIGH HEADS $380 218 $360 217 
4221 ELANORA $325 124 $300 141 
4223 CURRUMBIN $370 34 $340 33 
4224 TUGUN $340 46 $325 55 
4225 BILINGA $330 142 $320 132 
4226 CLEAR ISLAND WATERS $410 63 $400 45 
4227 REEDY CREEK $360 124 $290 89 
RENTAL BRISBANE SURROUNDS HOUSE SALES (p) 
INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND 
BRISBANE CITY LAND SALES (p) 
JUN 14 SEP 14 
57 
BRISBANE SURROUNDS LAND SALES (p) 
Includes IPSWICH, LOGAN, MORETON BAY & REDLAND 
JUN 14 SEP 14 
GOLD COAST LAND SALES (p) 
JUN 14 SEP 14 
<$250,000 (p) Preliminary. See Source: REIQ, data provided 18 QUEENSLAND MARKET MONITOR 
<$350,000 $350,000+ TOOWOOMBA 294 
HOUSE SALES JUN 14 SEP 14 
184 
296 
208 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
<$350,000 $350,000+ FRASER TOOWOOMBA LAND SALES (p) 
JUN 14 SEP 14 
BRISBANE CITY HOUSE SALES (p) 
JUN 14 SEP 14 
1900 
185 
COAST HOUSE SALES JUN 14 SEP 14 
41 
194 
46 
24 
57 
(p) Preliminary. See Source: REIQ, data provided (p) Preliminary. Source: REIQ, LAND 
BRISBANE CITY UNIT SALES (p) 
363 
JUN 14 SEP 14 
860 
454 
384 
875 
508 
62 45 
54 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
<$250,000 $250,000+ $350,000+ $500,000+ $1m+ 
JUN 14 SEP 14 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
GOLD COAST HOUSE SALES (p) 
JUN 14 SEP 14 
516 
57 
197 
<$350,000 $350,000+ BUNDABERG FRASER COAST LAND SALES (p) 
BRISBANE SURROUNDS UNIT SALES (p) 
INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND 
JUN 14 SEP 14 
260 
JUN 14 SEP 14 
111 
46 
5 
62 
260 282 
132 
51 
5 
3 0 
0 0 
<$250,000 $250,000+ $350,000+ 
<$250,000 $250,000+ $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
SUNSHINE COAST & NOOSA HOUSE SALES (p) 
273 
BUNDABERG LAND SALES (p) 
<$350,000 $350,000+ GLADSTONE GOLD COAST UNIT SALES (p) 
JUN 14 SEP 14 
520 
JUN 14 SEP 14 
451 
290 
36 
296 
560 
457 
276 
59 
<$250,000 $250,000+ $350,000+ $500,000+ $1m+ 
JUN 14 SEP 14 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
SUNSHINE COAST & NOOSA UNIT SALES (p) 
197 
JUN 14 SEP 14 
203 194 
<$250,000 ROCKHAMPTON <$250,000 (p) Preliminary. See Source: REIQ, data 52 
(p) Preliminary. Source: REIQ, <$HOUSE SALES JUN 14 SEP 14 
21 
<$(p) Preliminary. Source: REIQ, HOUSE SALES (JUN 14 SEP 14 
<$43 40 40 
49 
29 31 
24 
<$250,000 $250,000+ $350,000+ $500,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
379 
71 
36 
3 
341 
59 
22 9 
<$250,000 $250,000+ $350,000+ $500,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
88 
33 
8 16 
102 
28 
10 10 
<$250,000 $250,000+ $350,000+ $500,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
71 
SUNSHINE COAST & NOOSA LAND SALES (p) 
JUN 14 SEP 14 
40 
1 0 
49 
2 0 
<$250,000 $250,000+ $350,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
16 
GLADSTONE LAND SALES (p) 
JUN 14 SEP 14 
41 
2 2 
60 
3 4 
<$250,000 $250,000+ $350,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
84 
MARKET - 3 BED HOUSES 
POST SEP-14 SEP-13 
CODE LOCALITYL $/WEEK NEW BONDS $/WEEK NEW BONDS 
RENTAL MARKET - 2 BED UNITS 
POST SEP-14 SEP-13 
CODE LOCALITYL $/WEEK NEW BONDS $/WEEK NEW BONDS 
RENTAL MARKET - 3 BED TOWNHOUSES 
SALES MARKET - VACANT LAND 
SUBURB NUMBER 
OF SALES 
MEDIAN 
SALE 
QTRLY 
CHANGE 
ANNUAL 
MEDIAN 
SALE 
1YR 
CHANGE 
5YR 
CHANGE 
GOLD COAST CITY $430 941 $410 1047 
4208 BURNSIDE $380 21 $370 27 
4209 COOMERA $385 115 $370 101 
4210 OXENFORD $430 17 $380 27 
4211 ADVANCETOWN $410 101 $385 124 
4212 HELENSVALE $490 59 $400 54 
4213 BONOGIN $440 35 $430 53 
4214 ARUNDEL $420 93 $410 100 
4215 LABRADOR $410 98 $380 117 
4216 PARADISE POINT $430 51 $420 74 
4217 BENOWA $530 50 $520 67 
4218 BROADBEACH $500 60 $480 64 
4220 BURLEIGH HEADS $470 60 $470 55 
4221 ELANORA $470 47 $420 42 
4223 CURRUMBIN $500 25 $450 26 
4224 TUGUN $400 11 $415 15 
4225 BILINGA $420 8 N.A. 3 
4226 CLEAR ISLAND WATERS $460 55 $450 63 
4227 REEDY CREEK $450 33 $435 30 
GOLD COAST CITY $385 1133 $375 1183 
4208 BURNSIDE $360 12 $365 11 
4209 COOMERA $360 159 $350 161 
4210 OXENFORD $360 18 $360 13 
4211 ADVANCETOWN $370 192 $360 205 
4212 HELENSVALE $430 35 $445 37 
4213 BONOGIN $380 42 $365 38 
4214 ARUNDEL $380 33 $365 36 
4215 LABRADOR $380 125 $370 132 
4216 PARADISE POINT $380 86 $370 105 
4217 BENOWA $440 42 $450 64 
4218 BROADBEACH $450 34 $455 30 
4220 BURLEIGH HEADS $390 26 $390 43 
4221 ELANORA $390 32 $400 25 
4223 CURRUMBIN $400 12 $400 15 
4224 TUGUN $430 19 $430 27 
4225 BILINGA $470 5 N.A. 3 
4226 CLEAR ISLAND WATERS $440 176 $425 166 
4227 REEDY CREEK $420 81 $410 68 
HOUSES 
166 
770 
1840 
784 
161 235 
274 
<$350,000 $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
1154 1157 
472 
18 
1272 1256 
480 
21 
<$350,000 $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
65 
480 
548 
575 
66 84 
101 
<$350,000 $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
79 
440 
346 
37 
76 
443 
373 
43 
<$350,000 $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
139 
41 
182 
39 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
43 
55 
48 
59 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
GOLD COAST CITY (LGA) 150 $234,000 -0.4% $230,000 0.2% -0.6% 
GOLD COAST CITY (LGA) ^ 7 N/A N/A $360,000 4.3% -9.3% 
COOMERA 38 $228,000 1.3% $225,000 -0.2% -6.0% 
GILSTON 0 N/A N/A $253,000 3.7% 14.8% 
HELENSVALE * f 4 N/A N/A $500,000 N/A 86.2% 
ORMEAU 7 N/A N/A $220,000 -2.2% 0.0% 
ORMEAU HILLS 9 N/A N/A $214,900 2.4% N/A 
OXENFORD 7 N/A N/A $235,000 N/A 3.5% 
PIMPAMA 17 $220,000 0.7% $219,500 -2.0% -0.2% 
REEDY CREEK ~ 9 N/A N/A $320,000 12.3% 9.4% 
UPPER COOMERA 32 $232,500 -2.1% $229,500 2.5% 2.0% 
WILLOW VALE 2 N/A N/A $205,000 3.9% N/A
TOOWOOMBA HOUSE SALES (p) 
JUN 14 SEP 14 
(p) Preliminary. Source: REIQ, Toowoomba’s p) Preliminary. Source: REIQ, 294 
FRASER COAST HOUSE SALES (p) 
TOOWOOMBA UNIT SALES (p) 
JUN 14 SEP 14 
p) Preliminary. Source: REIQ, (JUN 14 SEP 14 
(p) Preliminary. Source: REIQ, 185 
(p) Preliminary. Source: REIQ, 43 
FRASER COAST UNIT SALES (p) 
TOOWOOMBA LAND SALES (p) 
JUN 14 SEP 14 
(p) Preliminary. Source: REIQ, <$JUN 14 SEP 14 
(p) Preliminary. Source: REIQ, 21 
p) Preliminary. Source: REIQ, 24 
(p) Preliminary. Source: REIQ, <$19 
REGIONAL MARKET UPDATES 
41 
BUNDABERG HOUSE SALES (p) 
JUN 14 SEP 14 
GLADSTONE HOUSE SALES (p) 
BUNDABERG UNIT SALES (p) 
JUN 14 SEP 14 
FRASER COAST LAND SALES (p) 
JUN 14 SEP 14 
3 0 
0 0 
<$250,000 $250,000+ $350,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
GLADSTONE UNIT SALES (p) 
BUNDABERG LAND SALES (p) 
JUN 14 SEP 14 
6 
SEPTEMBER QUARTER 2014 
TOOWOOMBA 
HOUSES 
166 
BRISBANE CITY HOUSE SALES (p) 
JUN 14 SEP 14 
770 
1840 
784 
1900 
161 235 
274 
<$350,000 $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
BRISBANE SURROUNDS HOUSE SALES (p) 
INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND 
BRISBANE CITY UNIT SALES (p) 
JUN 14 SEP 14 
1154 1157 
JUN 14 SEP 14 
875 
472 
18 
1272 1256 
508 
480 
21 
384 
<$350,000 $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
65 
GOLD COAST HOUSE SALES (p) 
BRISBANE SURROUNDS UNIT SALES (p) 
BRISBANE CITY LAND SALES (p) 
INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND 
JUN 14 SEP 14 
480 
JUN 14 SEP 14 
548 
575 
516 
JUN 14 SEP 14 
57 
49 
66 84 
101 
<$350,000 $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
79 
SUNSHINE COAST & NOOSA HOUSE SALES (p) 
GOLD COAST UNIT SALES (p) 
BRISBANE SURROUNDS LAND SALES (p) 
JUN 14 SEP 14 
440 
JUN 14 SEP 14 
Includes IPSWICH, LOGAN, MORETON BAY & REDLAND 
JUN 14 SEP 14 
346 
37 
76 
443 
373 
43 
<$350,000 $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
139 
41 
9 
182 
39 
7 
<$350,000 $350,000+ $500,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
14 
194 
46 
6 
<$350,000 $350,000+ $500,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
43 
JUN 14 SEP 14 
55 
18 
48 
59 
14 
57 
62 
<$350,000 $350,000+ $500,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
(p) Preliminary. Source: REIQ, (184 
60 
296 
208 
56 
<$350,000 $350,000+ $500,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. UNITS 
57 
363 
860 
454 
62 45 
54 
<$250,000 $250,000+ $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
197 
260 
111 
46 
5 
260 282 
132 
51 
5 
<$250,000 $250,000+ $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
273 
520 
451 
290 
36 
296 
560 
457 
276 
59 
<$250,000 $250,000+ $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
105 
SUNSHINE COAST & NOOSA UNIT SALES (p) 
GOLD COAST LAND SALES (p) 
197 
JUN 14 SEP 14 
JUN 14 SEP 14 
177 
105 
27 
108 
203 194 
112 
21 
<$250,000 $250,000+ $350,000+ $500,000+ $1m+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
9 8 
2 2 
19 
10 
4 
0 
<$250,000 $250,000+ $350,000+ $500,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
<$15 
4 3 
21 
12 
6 
0 
<$250,000 $250,000+ $350,000+ $500,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
JUN 14 SEP 14 
6 6 6 
4 
3 3 
3 
<$250,000 $250,000+ $350,000+ $500,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
<$36 
18 
7 
38 
62 
14 
5 
<$250,000 $250,000+ $350,000+ $500,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. LAND 
43 40 40 
29 31 
24 
<$250,000 $250,000+ $350,000+ $500,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
379 
71 
36 
3 
341 
59 
22 9 
<$250,000 $250,000+ $350,000+ $500,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
88 
33 
8 16 
102 
28 
10 10 
<$250,000 $250,000+ $350,000+ $500,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
71 
SUNSHINE COAST & NOOSA LAND SALES (p) 
35 
21 
10 
46 
21 
15 
JUN 14 SEP 14 
40 
1 0 
49 
2 0 
<$250,000 $250,000+ $350,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
16 
14 
GLADSTONE LAND SALES (p) 
JUN 14 SEP 14 
(p) Preliminary. Source: REIQ, (2 2 
60 
3 4 
<$250,000 $250,000+ $350,000+ 
(p) Preliminary. See explanatory notes for further information. 
Source: REIQ, data provided by RP Data. 
property market continues to perform 
strongly, with sales activity still trending upwards. However 
local agents say moving into the Christmas period is 
typically a quieter time of year. 
As it moves out of the construction phase, the local mining 
sector in the Surat Basin is expected to see a drop off in 
growth of around two-to-three per cent, with a resultant 
easing in employment. 
However the region is still well supported by numerous 
other major developments currently underway and due to 
begin in 2015, such as the much anticipated Second Range 
Crossing going to tender in early 2015. 
Moving into 2015, local agents expect more of the 
same, with an equally high level of confidence seen 
throughout 2014. 
HOUSE MARKET 
Over the September quarter, preliminary house sales 
numbers continued to trend upwards for the fifth 
consecutive quarter. Toowoomba sales were up four per 
cent, while the median house price was up one per cent. 
Over the year to September, Toowoomba’s median house 
price was up 7.2 per cent compared to a year ago and an 
impressive 24.1 per cent compared to five years ago. 
Sales activity was up predominantly in the $350,000- 
plus price bracket, however local agents say that good 
results have been recorded at the prestige end. One 
property reportedly changed hands for more than $2 
million recently. 
According to local agents, confidence in Toowoomba 
remains high thanks to the ongoing economic 
development in the region. This is despite the easing in 
employment in the mining sector and the drought which 
is beginning to affect some of the retailers in Toowoomba. 
UNIT MARKET 
Toowoomba’s unit market also performed well over the 
quarter with sales volumes up 21 per cent compared to 
the previous quarter. Local agents say investor activity has 
seen a number of new unit and townhouse developments 
come onto the market. However this level of activity from 
investors is starting to wane, with many believing the unit 
market is nearing over supply. 
Despite strong activity at the affordable end of the market, 
the median unit price in Toowoomba increased 2.5 per 
cent over the quarter, and 8.5 per cent over the year 
to September. 
The strongest increase in activity was seen in the 
$250,000-plus price point, which nearly doubled over 
the quarter. All other price points saw a slight drop off 
in activity. 
RENTAL MARKET 
In Toowoomba, the rental market continues to remain 
tight; however it was one of the few regions to record a 
slight easing in its vacancy, up 0.1 percentage points to 
1.6 per cent. Local agents say that Toowoomba’s “healthy” 
rate of vacancy sits around the two per cent mark, which 
the region has stayed below for all but two periods since 
June 2008. As such, median weekly rents from the RTA 
continue to remain stable or record steady growth. 
Toowoomba’s property 
market continues to 
perform strongly, with 
sales activity still trending 
upwards.
REGIONAL MARKET UPDATES 
SALES MARKET - UNITS & TOWNHOUSES 
20 QUEENSLAND MARKET MONITOR 
SALES MARKET - VACANT LAND 
SUBURB NUMBER 
OF SALES 
MEDIAN 
SALE 
RENTAL MARKET - 2 BED UNITS 
QTRLY 
CHANGE 
RENTAL MARKET - 3 BED TOWNHOUSES 
ANNUAL 
MEDIAN 
SALE 
1YR 
CHANGE 
5YR 
CHANGE 
SALES MARKET - HOUSES 
SUBURB NUMBER 
OF SALES 
MEDIAN 
SALE 
QTRLY 
CHANGE 
ANNUAL 
MEDIAN 
SALE 
1YR 
CHANGE 
5YR 
CHANGE 
RENTAL MARKET - 3 BED HOUSES 
POST SEP-14 SEP-13 
CODE LOCALITYL $/WEEK NEW BONDS $/WEEK NEW BONDS 
TOOWOOMBA (LGA) 126 $279,000 2.5% $280,000 8.5% 21.7% 
CENTENARY HEIGHTS 9 N/A N/A $304,500 -4.8% 29.6% 
EAST TOOWOOMBA ~ 11 $278,500 29.5% $268,000 9.4% 27.6% 
HARRISTOWN 10 $109,000 N/A $227,000 -8.8% 9.7% 
KEARNEYS SPRING 17 $291,500 8.6% $285,000 3.6% 18.9% 
NEWTOWN 15 $256,500 2.2% $252,250 7.3% 16.5% 
RANGEVILLE 7 N/A N/A $315,000 0.0% 12.5% 
SOUTH TOOWOOMBA * t 7 N/A N/A $310,000 29.7% 44.2% 
TOOWOOMBA CITY * 9 N/A N/A $244,188 N/A 22.6% 
WILSONTON 7 N/A N/A $251,250 5.6% 8.5% 
SURROUNDS 
WESTERN DOWNS (LGA) * t 5 N/A N/A $385,000 23.2% N/A 
CHINCHILLA * t 2 N/A N/A $367,000 -0.5% N/A 
TOOWOOMBA (LGA) ~ 67 $156,500 -2.7% $159,950 3.2% 36.1% 
TOOWOOMBA (LGA) ^ 17 $200,000 11.1% $180,000 20.0% 17.6% 
CAMBOOYA 8 N/A N/A $115,000 N/A N/A 
CRANLEY 1 N/A N/A $158,950 4.2% N/A 
GLENVALE ~ 10 $169,950 N/A $169,950 6.2% 36.0% 
GOWRIE JUNCTION ^ 6 N/A N/A $174,500 11.1% 15.9% 
KLEINTON 1 N/A N/A $157,500 4.8% 22.6% 
MIDDLE RIDGE ~ * 1 N/A N/A $289,750 40.0% 76.7% 
WESTBROOK ~ * 11 $155,500 N/A $158,500 3.4% 51.0% 
SURROUNDS 
SOUTHERN DOWNS (LGA) ~ 14 N/A N/A $72,250 N/A -15.7% 
WESTERN DOWNS (LGA) ~ * - N/A N/A $145,000 -6.4% 40.8% 
CHINCHILLA * 0 N/A N/A $150,000 3.4% 57.9% 
TOOWOOMBA REGIONAL $300 588 $295 654 
4350 KEARNEYS SPRING $305 445 $300 525 
4352 AMIENS $325 18 $310 28 
4354 DOUGLAS $265 7 N.A. 4 
4355 ANDURAMBA $265 15 $260 7 
4356 PITTSWORTH $270 23 $270 17 
4357 BRINGALILY $245 11 $250 7 
4361 BACK PLAINS $220 9 $225 6 
4400 KINGSTHORPE $260 6 N.A. 4 
4401 ACLAND $275 42 $270 41 
GOONDIWINDI REGIONAL $280 37 $275 51 
4387 BRUSH CREEK $200 7 $230 9 
4390 BILLA BILLA $300 26 $300 33 
SOUTHERN DOWNS REGIONAL $255 140 $240 179 
4362 ALLORA $275 9 $260 9 
4370 ALLAN $260 71 $250 100 
4373 KILLARNEY $250 5 $200 5 
4380 AMIENS $250 45 $240 56 
WESTERN DOWNS REGIONAL $300 154 $350 129 
4405 BLAXLAND $280 68 $320 61 
4410 JANDOWAE $220 5 $230 5 
4413 BAKING BOARD $315 52 $440 45 
4415 MILES $375 14 $550 9 
4419 COCKATOO $350 5 N.A. 1 
4421 GORANBA $240 6 $240 6 
TOOWOOMBA REGIONAL $240 359 $235 356 
4350 KEARNEYS SPRING $245 325 $240 340 
4352 AMIENS $264 7 N.A. 1 
4357 BRINGALILY $200 5 N.A. 1 
4401 ACLAND $210 13 $205 9 
GOONDIWINDI REGIONAL $190 23 $180 20 
4390 BILLA BILLA $200 21 $180 19 
SOUTHERN DOWNS REGIONAL $195 61 $200 58 
4370 ALLAN $200 43 $200 40 
4380 AMIENS $180 16 $200 16 
WESTERN DOWNS REGIONAL $250 54 $250 35 
4405 BLAXLAND $205 31 $230 18 
4413 BAKING BOARD $300 19 $380 10 
TOOWOOMBA REGIONAL $295 22 $275 25 
4350 KEARNEYS SPRING $295 22 $275 25 
SOUTHERN DOWNS REGIONAL N.A. 11 N.A. 1 
4370 ALLAN $250 7 N.A. 1 
WESTERN DOWNS REGIONAL N.A. 10 N.A. 8 
4413 BAKING BOARD $300 7 $475 7 
TOOWOOMBA (LGA) 574 $339,500 1.0% $335,000 7.2% 24.1% 
TOOWOOMBA (LGA) ^ 103 $448,500 -5.6% $485,000 7.8% 22.2% 
CENTENARY HEIGHTS 35 $349,500 2.0% $350,000 7.4% 23.0% 
CROWS NEST 9 N/A N/A $237,000 -4.0% 5.3% 
DARLING HEIGHTS 20 $349,500 2.2% $335,000 6.7% 20.5% 
EAST TOOWOOMBA ~ 24 $400,750 -8.3% $415,000 9.2% 17.1% 
GLENVALE 16 $378,750 3.3% $355,000 5.7% 16.4% 
HARLAXTON 5 N/A N/A $253,750 -3.0% 15.6% 
HARRISTOWN 40 $320,500 7.4% $310,200 12.8% 26.1% 
HIGHFIELDS 9 N/A N/A $457,500 1.7% 13.0% 
HIGHFIELDS ^ 20 $499,500 -6.6% $520,000 10.6% 18.2% 
KEARNEYS SPRING ~ 34 $375,000 -9.1% $360,000 4.5% 22.9% 
KINGSTHORPE 5 N/A N/A $301,000 7.5% 20.4% 
KLEINTON ~ 12 $476,250 -8.1% $480,000 9.2% N/A 
MERINGANDAN WEST 2 N/A N/A $387,000 9.8% 17.3% 
MERINGANDAN WEST ^ 9 N/A N/A $345,000 N/A 12.7% 
MIDDLE RIDGE ^ 1 N/A N/A $740,000 N/A N/A 
MIDDLE RIDGE ~ 30 $469,000 -9.3% $470,000 2.6% 14.4% 
MOUNT LOFTY ~ 8 N/A N/A $410,000 18.9% 31.2% 
NEWTOWN 62 $290,000 -0.2% $290,000 9.4% 21.5% 
NORTH TOOWOOMBA ~ 22 $301,000 -7.7% $300,000 10.1% 27.7% 
OAKEY 14 $216,250 -0.1% $220,000 2.3% 11.0% 
PITTSWORTH ~ 15 $275,750 -13.8% $279,000 1.0% 4.7% 
RANGEVILLE 50 $406,000 1.5% $392,250 2.7% 10.2% 
ROCKVILLE ~ 19 $287,500 -5.7% $285,000 16.3% 19.2% 
SOUTH TOOWOOMBA ~ 27 $342,000 10.3% $325,000 13.2% 30.0% 
TOOWOOMBA CITY 10 $322,750 4.1% $322,000 3.5% 26.3% 
WESTBROOK 15 $432,500 -0.3% $435,250 5.5% 17.6% 
WILSONTON 31 $313,000 -5.7% $312,000 14.5% 22.4% 
WILSONTON HEIGHTS ~ 18 $300,000 7.1% $293,750 10.8% 26.9% 
WYREEMA 8 N/A N/A $322,500 N/A 7.1% 
SURROUNDS 
GOONDIWINDI (LGA) ~ 9 $248,000 10.2% $245,000 21.7% 2.1% 
GOONDIWINDI 7 N/A N/A $272,500 1.7% -2.2% 
SOUTHERN DOWNS (LGA) 68 $242,500 -3.8% $250,000 8.7% 8.7% 
SOUTHERN DOWNS (LGA) ^ 30 $275,000 -9.8% $320,000 12.9% 0.9% 
STANTHORPE 15 $210,000 N/A $235,000 3.8% 7.3% 
WARWICK 35 $270,000 6.1% $260,000 6.1% 8.3% 
WESTERN DOWNS (LGA) ~ 31 $280,000 23.3% $279,000 -7.0% 15.3% 
WESTERN DOWNS (LGA) ^ 22 $317,500 -5.9% $368,750 -11.9% 20.9% 
CHINCHILLA ~ 11 $335,000 N/A $350,000 -6.7% 30.8% 
DALBY ^ 7 N/A N/A $430,000 -6.9% 8.2% 
DALBY ~ 15 $278,000 18.6% $264,500 5.8% 3.7%
Queensland Market Monitor - September Quarter 2014
Queensland Market Monitor - September Quarter 2014
Queensland Market Monitor - September Quarter 2014
Queensland Market Monitor - September Quarter 2014
Queensland Market Monitor - September Quarter 2014
Queensland Market Monitor - September Quarter 2014
Queensland Market Monitor - September Quarter 2014
Queensland Market Monitor - September Quarter 2014
Queensland Market Monitor - September Quarter 2014
Queensland Market Monitor - September Quarter 2014
Queensland Market Monitor - September Quarter 2014
Queensland Market Monitor - September Quarter 2014
Queensland Market Monitor - September Quarter 2014
Queensland Market Monitor - September Quarter 2014
Queensland Market Monitor - September Quarter 2014
Queensland Market Monitor - September Quarter 2014
Queensland Market Monitor - September Quarter 2014
Queensland Market Monitor - September Quarter 2014
Queensland Market Monitor - September Quarter 2014
Queensland Market Monitor - September Quarter 2014
Queensland Market Monitor - September Quarter 2014

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Queensland Market Monitor - September Quarter 2014

  • 1. your state-wide property research guide suburb by suburb REIQ QUEENSLAND MARKET MONITOR ISSUE 24 SEPT QTR 2014 >p2 QMM STATE-WIDE COMMENTARY Proudly supported by CONFIDENCE SPREADS TO REGIONAL QLD While residential real estate markets south of the border are reportedly coming to, if not already at their peak, Queensland is some way off that point. Sales activity in Southeast Queensland (SEQ) continues to strengthen, while the state’s key regional centres are beginning to reap the benefits of growing confidence across the state. Listing numbers have begun to improve, a sign that vendors are becoming increasingly confident about current selling conditions. However, local agents still report a shortage of supply in some areas and price segments. Average days on market and average vendor discounting have improved markedly in most regions compared to a year ago. These conditions, combined with strong sales activity, have seen SEQ, Toowoomba and Cairns enter a rising house market. Townsville has now joined the Fraser Coast in recovery mode, with Gladstone and Bundaberg also entering a recovery phase. Local agents are reporting Rockhampton is at the bottom of the cycle, while Mackay appears to be stabilising.
  • 2. REIQ RESEARCH EXPLANATORY NOTES SALES DATA All figures for the most recent quarterly and yearly periods are preliminary only and subject to further revision as additional sales records become available (see Research Methodology online at reiq.com). As of the June quarter 2013, all sales data includes "Recent Sales" as advised by real estate agents as well as official records as advised by DNRM. As such comparisons with figures published prior to the June quarter 2013 should be done with caution. A median sale price is derived by arranging a set of sale prices from lowest to highest and then selecting the middle value within this set (ie the 50th percentile, where half of recorded sales were less and half were higher than the median). Only suburbs and regions to record sufficient sales numbers are published. N/A Due to insufficient sales numbers (as at the time of data extraction) no median sale price has been calculated (LGA) Local Government Area Brisbane (SD) Brisbane Statistical Division which comprises the LGA’s of Brisbane City, Ipswich City, Logan City, Moreton Bay Regional and Redland City # Figures based upon the new council boundaries ^ Indicates acreage sales only (with land size greater than 2400m2). All other data is based upon sales with a land size of less than 2400 m2 ~ Median price changes influenced by varying quality of stock sold * Median price changes influenced by varying quantities of new properties sold f Median price changes influenced by varying quantities of waterfront properties sold t Medians affected by varying quantities of townhouses sold G Sales volumes and median affected by QLD government sales in the area eg ULDA, NRAS sales. Y Median affected by high yielding property sales 1 Median price changes influenced by the varying volumes of sales between the Mainland and Bay Islands areas RENTAL DATA All median weekly rents are published on a postcode basis, as calculated by the Residential Tenancies Authority, where sufficient data is available. Caution should be exercised when interpreting any median rental price data based upon a relatively small number of new bond lodgements. Figures for the new LGA's available for the current quarter only. L Listed localities (or suburbs) represent one of potentially several that fall within that postcode. N.A. Due to insufficient new bond lodgements, no median rental price has been calculated Source: Residential Tenancies Authority, Rental Bond lodgements (www.rta.qld.gov.au) 2 QUEENSLAND MARKET MONITOR PRICE POINT GRAPHS All data contained within these graphs represent preliminary sales numbers and are subject to revision as additional sales records become available. The data excludes any recent sales transactions where the contract sale price was not disclosed. The intention of these graphs is to gauge trends in sales activity between periods in lieu of actual final sales results Source: REIQ, data obtained from RPData (www.rpdata.com.au). Enquiries about the reproduction of part or all of the information should be directed to the Corporate Affairs Division, REIQ. GROSS RENTAL YIELDS House yields are based upon REIQ median house prices and RTA weighted median weekly rent for houses. Unit yields are based upon REIQ median unit & townhouse prices and RTA weighted median weekly rent for units and townhouses. VACANCY RATES All figures are based upon all residential rentals as at the end of each quarterly period, as submitted by REIQ accredited agents. A vacancy rate of 3 per cent is generally considered to indicate equilibrium of supply and demand within a rental market. N/A Due to insufficient information received no vacancy rate has been calculated Source: REIQ Residential Rental Survey ON THE MARKET INDICATORS At the time of publication, latest information available was for the 12 months ending the month prior to the current period. "Days on Market" is calculated as the average number of days it has taken to sell those properties sold by private treaty sale during the 12 month period. The calculation excludes auction listings and listings where an asking price is not advertised. The days on market calculation uses the contract date on the property compared with the first advertised date. "Vendor Discount" is the average difference between the contract price on a property and the first advertised price. The figure is expressed as a percentage and is an average of all private treaty sales which sold for less than their initial asking price during the last 12 months. Auction listings and listings without an advertised asking price are excluded from the calculation. "Total Listings" is the total unique number of properties that have been advertised for sale and captured by RP Data over the 12 month period. To be included in the count, the listings have to be matched to an actual address. "% Stock on Market" is the percentage of dwellings within the suburb or local government area that have been listed for sale over the past year. Source: CoreLogic RP Data (www.corelogic.com.au)
  • 3. 3 STATE-WIDE SUMMARY HOUSE MARKET House sales activity across SEQ continued to improve over the September quarter, with preliminary sales numbers up five per cent across Greater Brisbane. The Gold and Sunshine Coasts recorded an increase of seven and three per cent respectively. Cairns saw sales volumes for both the house and unit markets increase by more than 30 per cent, with the city also recording the greatest improvement in average vendor discounting outside of SEQ. Toowoomba shared equal honours for the greatest drop in days on market compared to a year ago. These six regions have now recorded consecutive quarterly increases in sales volumes and with strong increases in their respective median house prices over the year to September. They are clearly beginning to enter the rising segment of the property cycle. The Fraser Coast on the other hand saw sales activity remain relatively stable over the quarter, a trend seen over the corresponding period last year. All other market indicators, however, point to a recovery in the local house market. The region posted the second greatest improvement in days on market, with houses selling 12 days quicker than they did this time last year. Townsville’s house market has bounced back after a very lacklustre June quarter, with sales volumes over the September quarter up 27 per cent – taking preliminary house sale numbers to their highest level so far this decade. Mackay and Gladstone both recorded strong sales activity for the quarter, however both regions are still seeing a softening in median house prices. Local agents in Gladstone report that the residential sales market is normalising following an exceptionally high volume of activity in the past few years. UNIT MARKET Unit and townhouse markets across SEQ and many other parts of the state continue to improve. While overall preliminary sales numbers were up across all price points, the strongest increase in sales was recorded in the sub- $250,000 (up 20 per cent) and million-dollar plus price point (up 21 per cent). Greater Brisbane’s unit market outperformed house sales, with volumes up 11 per cent over the quarter on the back of strong results in the Logan and Ipswich regions. The Cairns unit market performed very strongly over the September quarter, with unit sales in the sub-$250,000 recording the highest increase in buyer activity. This contributed to the region’s drop in median sale price for that period. Toowoomba also continues to record strong sales activity, with volumes up 21 per cent on the June quarter and the median sale price posting a healthy 2.5 per cent increase over the same period. SEPTEMBER QUARTER 2014 REIQ TABLE OF CONTENTS Queensland market update 1 REIQ Explanatory notes 2 Brisbane market updates Brisbane City 6 Greater Brisbane 11 Regional market updates Gold Coast 16 Toowoomba 19 Sunshine Coast 21 Fraser Coast 23 Bundaberg 25 Gladstone 27 Rockhampton 28 Mackay 30 Townsville 32 Cairns 34 Other Regional 36 On The Market Indicators 37 Total Listings % Stock on Market Average Vendor Discount Average Days on Market Rental Market Indicators 38 Gross rental yields Residential vacancy rates 3 QUEENSLAND MARKET MONITOR STATE-WIDE SUMMARY CONTINUED ... key regional centres are beginning to reap the benefits of growing confidence across the state.
  • 4. STATE-WIDE SUMMARY BRISBANE HOUSE MARKETS September Qtr 2014 Brisbane Redland Logan With activity typically RISING lagging the house market by at least one quarter in most regions, the unit markets across most major Moreton centres Bay are beginning to enjoy improving overall market conditions. Ipswich Properties are selling quicker and average vendor discounting is coming down in SEQ, along with the likes of Cairns and the Fraser Coast. Toowoomba, Rockhampton and Townsville have likewise seen improvements in their on the market statistics over the year to September. QUEENSLAND HOUSE MARKETS September Qtr 2014 RISING Brisbane SD Toowoomba Gold Coast Sunsine Coast Cairns Fraser Coast Townsville 4 QUEENSLAND MARKET MONITOR FALLING RECOVERING STABILISING Source: REIQ FALLING RECOVERING STABILISING Mackay Gladstone Bundaberg Rockhampton Source: REIQ HOUSES (<2400) UNITS & TOWNHOUSES VACANT LAND (<2400) LGA MEDIAN SALE PRICE QTRLY CHANGE SALES ACTIVITY CHANGE MEDIAN SALE PRICE QTRLY CHANGE SALES ACTIVITY CHANGE MEDIAN SALE PRICE QTRLY CHANGE SALES ACTIVITY CHANGE GREATER BRISBANE BRISBANE SD $465,500 -1.0% 5% $384,900 -1.3% 11% $215,000 -0.3% -8% BRISBANE $580,000 0.9% 3% $420,000 0.6% 7% $335,000 -0.2% 3% IPSWICH $300,000 0.0% 4% $242,000 -16.5% ~ t 24% $168,177 -3.9% -26% LOGAN $341,000 -0.9% 14% $241,000 4.8% 41% $188,000 -3.6% ~ -35% MORETON BAY $382,250 -1.4% 8% $319,450 -0.2% 10% $210,825 -1.9% -17% REDLAND $468,000 -0.2% 3% $356,750 6.5% 3% $51,000 -27.1% ~ b 57% TOURISM CENTRES GOLD COAST $495,000 -3.9% ~ 7% $340,000 -2.9% 5% $234,000 -0.4% 3% SUNSHINE COAST $473,500 1.2% 3% $342,500 -1.8% 3% $242,000 3.0% -26% NOOSA $522,500 -5.7% ~ 13% $395,000 9.4% ~ 5% $247,750 -8.2% 13% FRASER COAST $286,500 0.5% 0% $240,000 -5.9% -9% $150,000 15.4% ~ 14% CAIRNS $379,000 -0.5% 38% $210,000 -5.4% 34% $203,500 19.7% ~ 42% REGIONAL CENTRES BUNDABERG $268,995 -5.3% 19% $235,000 -12.1% ~ 62% $144,000 0.0% 24% GLADSTONE $374,000 -4.1% 11% $370,000 12.1% ~ t -19% $214,000 25.9% ~ -6% MACKAY $391,000 -1.0% 14% $301,030 -1.3% 188% $206,000 6.7% ~ -33% ROCKHAMPTON $305,000 -3.6% 6% $415,000 -0.6% 47% $183,900 7.9% ~ 109% TOOWOOMBA $339,500 1.0% 4% $279,000 2.5% 21% $156,500 -2.7% ~ 139% TOWNSVILLE $340,000 -5.6% ~ 27% $251,750 -6.8% ~ -18% $161,900 3.8% 27% ON THE MARKET" HOUSES (ALL) UNITS (ALL) LGA STOCK ON MARKET DAYS ON MARKET VENDOR DISCOUNT STOCK ON MARKET DAYS ON MARKET VENDOR DISCOUNT GREATER BRISBANE BRISBANE 6.4% 57 -5.5% 6.4% 66 -4.8% IPSWICH 7.0% 82 -6.5% 10.3% 117 -7.4% LOGAN 7.2% 76 -5.8% 10.8% 101 -6.3% MORETON BAY 7.3% 73 -5.4% 9.3% 100 -5.5% REDLAND 8.4% 70 -5.7% 9.5% 90 -5.3% TOURISM CENTRES GOLD COAST 7.7% 72 -6.0% 9.1% 93 -6.7% SUNSHINE COAST 9.0% 90 -5.9% 9.6% 106 -6.4% FRASER COAST 9.5% 109 -7.6% 8.0% 97 -7.6% CAIRNS 6.7% 71 -5.8% 11.1% 118 -6.6% REGIONAL QLD BUNDABERG 8.3% 89 -7.5% 11.1% 138 -8.0% GLADSTONE 7.9% 114 -9.8% 7.2% 130 -11.3% MACKAY 7.2% 95 -9.0% 7.9% 129 -12.9% ROCKHAMPTON 7.8% 94 -8.0% 7.7% 112 -6.6% TOOWOOMBA 8.7% 62 -4.5% 8.9% 76 -4.3% TOWNSVILLE 7.1% 89 -7.4% 10.3% 126 -9.4% " Figures are for the 12 months ending August 2014
  • 5. 5 STATE-WIDE SUMMARY RENTAL TRENDS^ MEDIAN WEEKLY RENT GROSS RENTAL YIELDS LGA 3-BED HOUSE 2-BED FLAT 3-BED TOWNHOUSE HOUSES UNITS GREATER BRISBANE BRISBANE CITY $415 UP $400 UP $405 STEADY 3.7% DOWN 5.0% STEADY IPSWICH CITY $300 UP $250 STEADY $310 UP 5.2% STEADY 5.4% UP* LOGAN CITY $340 UP $260 STEADY $335 UP 5.2% STEADY 5.6% STEADY MORETON BAY $340 UP $270 STEADY $335 STEADY 4.6% STEADY 4.4% DOWN REDLAND CITY $380 STEADY $330 STEADY $390 UP 4.2% STEADY 4.8% STEADY TOURISM CENTRES GOLD COAST CITY $430 UP* $360 UP $385 UP 4.5% STEADY 5.5% STEADY SUNSHINE COAST** $400 UP* $320 UP $370 DOWN 4.4% STEADY 4.9% UP* NOOSA $420 UP* $360 UP* $490 UP* 4.2% 4.7% FRASER COAST $280 STEADY $235 UP $325 UP* 4.8% STEADY 6.9% UP* CAIRNS $350 UP $280 UP $350 DOWN 5.1% DOWN 5.1% DOWN REGIONAL QLD BUNDABERG $285 STEADY $230 STEADY $320 UP* 5.5% UP 5.1% DOWN GLADSTONE $320 DOWN* $250 DOWN* $350 DOWN* 4.4% STEADY 3.5% DOWN* MACKAY $345 DOWN* $250 DOWN* $350 DOWN* 4.6% DOWN 4.3% UP* ROCKHAMPTON $300 DOWN* $230 DOWN* $300 DOWN* 5.1% STEADY 2.9% DOWN* TOOWOOMBA $300 UP $240 UP $295 UP* 4.6% DOWN 4.5% DOWN* TOWNSVILLE $320 DOWN* $265 DOWN $330 DOWN* 4.9% STEADY 5.5% DOWN* FOR FULL ON THE MARKET AND RENTAL MARKET STATISTICS BY LOCAL GOVERNMENT AREA, SEE PAGE 37-38 SEPTEMBER QUARTER 2014 RENTAL MARKET The REIQ’s latest Residential Rental Survey, conducted at the end of September, found vacancy levels remain relatively steady across most parts of the state. Only four of the 16 major regions recorded a significant change in vacancy levels. Outside Queensland’s resource centres, rental conditions remain tight across all other major regional centres. The Sunshine Coast again posted the State’s tightest vacancy rate of one per cent at the end of September. Latest figures from the RTA also point to some movements in median weekly rents. This is in line with trends showing varying demand and supply levels across the state. Median rents in Gladstone and Mackay continue to ease, while continued tight conditions seen in many other parts of the state are yet to convert into any significant increases in median weekly rents. The total number of new bonds lodged across Queensland was up over the September quarter. Local agents in many areas say this is a popular time of year for people to relocate, most notably for work or school reasons prior to the Christmas-New Year period. * change greater than 0.5 pts ^ Trend for rents over year, trend for yields are over the quarter * change greater than $20 (rents) or 0.5 pts (yields) VACANCY RATES LGA/REGION' 30-SEP-14 TREND GREATER BRISBANE BRISBANE SD' 2.0% DOWN BRISBANE CITY 2.3% STEADY IPSWICH CITY 1.6% DOWN LOGAN CITY 1.5% DOWN MORETON BAY 1.8% STEADY REDLAND CITY 1.8% UP TOURISM CENTRES GOLD COAST CITY 1.9% STEADY SUNSHINE COAST' 1.1% STEADY FRASER COAST 2.1% DOWN CAIRNS 1.8% STEADY REGIONAL QLD BUNDABERG 2.9% DOWN GLADSTONE 4.7% DOWN MACKAY 8.4% UP ROCKHAMPTON 4.1% DOWN TOOWOOMBA 1.6% STEADY TOWNSVILLE 4.8% DOWN
  • 6. BRISBANE MARKET UPDATES p) Preliminary. Source: REIQ, BRISBANE 6 QUEENSLAND MARKET MONITOR 166 BRISBANE CITY HOUSE SALES (p) JUN 14 SEP 14 770 1840 784 1900 161 235 274 <$350,000 $350,000+ $500,000+ $1m+ p) Preliminary. Source: REIQ, 57 (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. BRISBANE SURROUNDS HOUSE SALES (p) INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND BRISBANE CITY UNIT SALES (p) JUN 14 SEP 14 JUN 14 SEP 14 1272 1256 1154 1157 875 472 18 508 480 21 384 <$350,000 $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. <$250,000 (p) Preliminary. Source: REIQ, data 43 65 GOLD COAST HOUSE SALES (p) BRISBANE SURROUNDS UNIT SALES (p) INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND BRISBANE CITY LAND SALES (p) JUN 14 SEP 14 480 JUN 14 SEP 14 548 575 516 JUN 14 SEP 14 57 49 66 84 101 <$350,000 $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. SUNSHINE COAST & NOOSA HOUSE SALES (p) GOLD COAST UNIT SALES (p) JUN 14 SEP 14 JUN 14 SEP 14 BRISBANE SURROUNDS LAND SALES (p) RENTAL MARKET At the end of September, Brisbane recorded a vacancy rate of 2.3 per cent, relatively unchanged since the end of June. Brisbane’s middle to outer suburbs (5 to 20km from the CBD) 79 recorded a slight easing in vacancy levels, up 0.3 percentage points to two per cent at the end of September. Inner Brisbane saw vacancies drop to 2.9 per cent. Despite the result, there continues to be concern about the number of new units coming onto the inner city market and its impact on the rental market. Analysis of figures from the RTA show the number of bonds held for unit tenancies increased by nearly 7000 bonds across the inner Brisbane zones since the end of September 2010, when the first of the developments were completed. This suggests that at this stage the additional supply is being absorbed. Over the longer term, agents are expecting to see softening rents and increased use of rental incentives, rather than a continued over supply in the market. 440 Includes IPSWICH, LOGAN, MORETON BAY & REDLAND 346 37 76 443 373 43 JUN 14 SEP 14 <$350,000 $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. p) Preliminary. Source: REIQ, (p) Preliminary. Source: REIQ, (43 ((p) Preliminary. Source: REIQ, <$250,000 (p) Preliminary. Source: REIQ, data 363 860 454 62 45 54 <$250,000 $250,000+ $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 197 260 111 46 5 260 282 132 51 5 <$250,000 $250,000+ $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 273 520 451 290 36 296 560 457 276 59 <$250,000 $250,000+ $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 105 SUNSHINE COAST & NOOSA UNIT SALES (p) GOLD COAST LAND SALES (p) 197 JUN 14 SEP 14 JUN 14 SEP 14 177 105 27 108 203 194 112 21 <$250,000 $250,000+ $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 9 <$250,000 (p) Preliminary. Source: REIQ, data 21 <$250,000 (p) Preliminary. Source: REIQ, data 6 40 40 29 31 24 <$250,000 $250,000+ $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 379 71 36 3 341 59 22 9 <$250,000 $250,000+ $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 88 33 8 16 102 28 10 10 <$250,000 $250,000+ $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 71 SUNSHINE COAST & NOOSA LAND SALES (p) 35 JUN 14 SEP 14 21 46 21 p) Preliminary. Source: REIQ, ((p) Preliminary. Source: REIQ, (CITY Over the September quarter the Brisbane City local government area (LGA) once again recorded an increase in sales activity. It also saw strong growth in its annual median sale prices for both houses and units compared to a year ago. The capital city is firmly moving into a rising market, with strong volumes recorded across all price points. The strong price growth seen in the Sydney and Melbourne residential property markets puts Brisbane in a healthy position to reap the benefits of increased interstate investment. Investors and home buyers alike are looking north of the border for more affordable housing options in a capital city that has some capital growth still to come. HOUSE MARKET Brisbane’s house market continues to lead the rest of the state out of the recovery stage, with sales volumes continuing to grow along with strengthening buyer demand. This is evident in the continued improvement in average days on market and average vendor discounting, both of which have edged down since the end of June. Brisbane remains the fastest selling major region with an average of 57 days over the year to August, while the rate of average vendor discounting over the period also remains the lowest for the state at 5.5 per cent. According to local agents listings are still hard to come by in some areas, particularly in the sub-$500,000 bracket. This was evident in the price point results for the quarter which saw the sub-$350,000 and sub-$500,000 segments record only small increases in preliminary sales volumes, while healthy increases were seen in the upper two price points. A further indicator that the Brisbane house market is getting into full swing is that the increase in sales activity is not concentrated in any one pocket or zone from the CBD. Strong growth in sales volumes over the quarter was recorded in the likes of Mount Gravatt East, Woolloongabba, Carseldine and Salisbury. UNIT MARKET Brisbane’s unit market also continues to perform strongly, with sales volumes up seven per cent over the September quarter. The median sale price was relatively steady over the quarter, however the annual median was up a healthy five per cent compared to a year ago and up 9.1 per cent compared to five years ago. According to local agents, there is strong activity in the new unit and townhouse market across the city, with a number of new developments still coming onto the market. These include high rise units in inner Brisbane, to townhouse complexes scattered across the middle-to-outer suburbs. Similar to the house market, activity at the affordable end of the market wasn’t as strong as sales in the upper price points.
  • 7. BRISBANE MARKET UPDATES SEPTEMBER QUARTER 2014 7 SALES MARKET - HOUSES SUBURB NUMBER OF SALES MEDIAN SALE QTRLY CHANGE ANNUAL MEDIAN SALE 1YR CHANGE 5YR CHANGE SALES MARKET - HOUSES (CONT’D) SUBURB NUMBER OF SALES MEDIAN SALE QTRLY CHANGE ANNUAL MEDIAN SALE 1YR CHANGE 5YR CHANGE BRISBANE CITY (LGA) 3,283 $580,000 0.9% $570,500 8.7% 18.9% BRISBANE CITY (LGA) ^ 84 $922,500 6.0% $892,500 5.0% 5.0% ACACIA RIDGE 20 $355,750 6.2% $330,000 8.2% 1.1% ALBION 4 N/A N/A $670,000 N/A N/A ALDERLEY 17 $720,000 4.6% $655,000 5.2% 13.2% ALGESTER 28 $470,000 3.8% $445,000 7.2% 14.1% ANNERLEY ~ 22 $645,000 -6.9% $650,000 20.4% 24.4% ASCOT ~ 12 $927,500 -21.7% $1,300,000 38.2% 39.0% ASHGROVE 41 $755,000 0.4% $782,500 3.6% 24.5% ASPLEY 36 $554,000 3.9% $520,000 8.3% 14.9% AUCHENFLOWER 13 $878,000 N/A $892,550 11.6% 16.7% BALD HILLS 22 $380,000 -0.3% $380,000 7.6% 1.5% BALMORAL ~ 21 $1,042,500 12.1% $876,250 5.6% 24.5% BANYO 23 $439,000 4.9% $430,000 2.4% 12.6% BARDON ~ 34 $822,000 -9.0% $828,000 10.4% 23.6% BELLBOWRIE 7 N/A N/A $465,000 8.6% 6.3% BELMONT 13 $507,000 N/A $567,500 9.1% 6.1% BOONDALL 27 $425,200 0.0% $422,500 3.6% 3.6% BRACKEN RIDGE 55 $420,000 1.8% $418,000 2.1% 2.0% BRIDGEMAN DOWNS ~ 15 $646,000 -7.4% $703,000 7.3% 13.4% BRIGHTON 38 $442,000 0.5% $440,000 10.0% 15.8% BULIMBA ~ 21 $1,000,000 -11.9% $1,100,000 19.1% 42.3% CALAMVALE 42 $552,500 -6.0% $555,000 7.4% 15.6% CAMP HILL ~ 49 $716,500 6.6% $716,500 10.5% 26.8% CANNON HILL ~ 23 $740,000 5.7% $667,000 16.5% 37.1% CARINA 29 $563,500 5.3% $549,000 11.8% 19.1% CARINA HEIGHTS 20 $570,000 N/A $580,000 10.5% 19.5% CARINDALE 55 $725,000 1.2% $708,856 8.2% 12.7% CARSELDINE 29 $557,500 -0.4% $540,000 4.3% 9.6% CHAPEL HILL 39 $672,500 2.0% $670,000 11.7% 11.7% CHELMER ~ f 11 $762,500 -37.2% $800,000 -8.8% 3.2% CHERMSIDE 30 $577,500 1.3% $520,000 13.5% 18.2% CHERMSIDE WEST 25 $520,000 9.0% $485,000 12.7% 11.5% CLAYFIELD ~ 17 $770,000 -18.9% $887,500 9.0% 18.3% COOPERS PLAINS 10 $452,500 -5.3% $465,099 8.5% 17.2% COORPAROO 37 $730,000 1.4% $698,750 8.7% 18.9% CORINDA 14 $541,725 N/A $556,000 6.9% -5.8% DARRA 20 $369,500 4.1% $348,000 12.3% 3.9% DEAGON ~ 17 $386,500 -8.0% $385,000 0.9% 6.9% DOOLANDELLA 8 N/A N/A $400,000 -2.9% 14.6% DREWVALE 8 N/A N/A $475,500 1.4% 6.1% DURACK 14 $370,100 6.8% $368,000 15.0% 8.2% EAST BRISBANE 19 $730,000 0.3% $725,000 6.1% 16.9% EIGHT MILE PLAINS 40 $650,000 2.4% $650,000 11.1% 22.1% ENOGGERA 15 $573,750 0.7% $580,000 11.1% 17.4% EVERTON PARK 31 $512,500 -2.2% $513,000 8.0% 19.3% FAIRFIELD ~ 10 $662,500 -5.4% $650,000 18.2% 11.6% FERNY GROVE ~ 12 $499,000 -13.2% $525,000 4.0% 9.4% FIG TREE POCKET ~ 12 $722,500 -11.9% $870,000 15.2% 23.4% FITZGIBBON 15 $435,180 4.5% $415,750 8.0% 1.4% FOREST LAKE 90 $400,000 -4.5% $398,000 4.7% 7.0% GAYTHORNE 4 N/A N/A $575,000 3.9% 19.7% GEEBUNG ~ 18 $472,500 -0.7% $475,500 19.2% 16.0% GORDON PARK ~ 15 $759,250 2.9% $746,500 23.1% 36.6% GRACEVILLE ~ 20 $570,000 -12.4% $680,500 -8.7% 8.8% GRANGE ~ 13 $743,000 -13.6% $758,000 13.1% 14.1% GREENSLOPES ~ 26 $577,000 -9.8% $613,250 5.0% 22.0% HAMILTON ~ 12 $900,000 3.2% $985,000 -10.5% -15.5% HAWTHORNE ~ 19 $1,050,000 -7.4% $990,000 13.8% 41.4% HEATHWOOD 15 $511,400 N/A $529,500 -8.1% 6.4% HEMMANT 7 N/A N/A $413,500 7.4% 4.0% HENDRA ~ 33 $755,000 -13.2% $812,000 10.5% 19.4% HIGHGATE HILL 8 N/A N/A $850,000 10.4% 17.9% HOLLAND PARK 29 $602,500 0.8% $590,000 11.2% 20.4% HOLLAND PARK WEST 18 $611,444 1.0% $575,000 4.9% 13.9% INALA 43 $310,000 6.9% $292,250 5.9% 0.8% INDOOROOPILLY ~ 33 $789,500 16.1% $740,000 7.6% 22.5% JAMBOREE HEIGHTS 6 N/A N/A $440,000 6.0% 6.3% JINDALEE 22 $485,000 0.4% $484,250 4.9% 7.6% KANGAROO POINT ~ 9 N/A N/A $758,625 18.1% 16.7% KARANA DOWNS 12 $362,500 N/A $376,000 -3.3% -5.1% KARANA DOWNS ^ 8 N/A N/A $460,000 2.2% 1.1% KEDRON ~ 35 $629,000 -1.7% $625,000 15.5% 30.2% KELVIN GROVE ~ 14 $642,000 -10.0% $685,000 7.0% 14.2% KENMORE 30 $607,500 7.5% $573,500 5.3% 14.8% KENMORE HILLS 2 N/A N/A $650,000 N/A -10.0% KEPERRA 20 $458,000 4.3% $441,000 6.3% 6.5% KURABY 12 $585,000 5.7% $576,500 8.3% 18.4% LOTA 12 $530,000 1.0% $518,000 0.6% 13.5% LUTWYCHE 10 $720,000 N/A $720,000 7.9% 24.1% MACGREGOR ~ 19 $670,000 8.9% $617,000 10.6% 27.2% MACKENZIE 3 N/A N/A $667,500 7.7% N/A MANLY ~ 14 $663,000 N/A $678,500 18.0% 19.0% MANLY WEST 37 $492,500 1.8% $489,000 2.7% 4.0% MANSFIELD ~ 31 $534,500 -8.6% $545,000 13.0% 20.5% MCDOWALL 18 $585,500 -0.7% $580,750 4.6% 14.8% MIDDLE PARK 13 $512,750 -5.0% $525,000 6.7% 8.7% MITCHELTON 35 $577,500 6.7% $545,000 6.9% 17.7% MOGGILL 12 $490,000 -4.9% $508,500 4.0% 9.4% MOOROOKA 37 $549,999 0.0% $532,500 5.4% 18.3% MORNINGSIDE 32 $671,000 8.4% $639,000 9.2% 21.1% MOUNT CROSBY ^ 6 N/A N/A $545,000 6.6% 4.8% MOUNT GRAVATT 13 $553,750 -0.1% $557,500 10.6% 18.9% MOUNT GRAVATT EAST 47 $560,500 3.8% $555,000 15.6% 26.0% MOUNT OMMANEY 5 N/A N/A $780,000 N/A N/A MURARRIE ~ * 18 $555,000 N/A $546,250 17.0% 21.4% NEW FARM ~ 22 $1,250,000 -3.8% $1,250,000 16.3% 43.3% NEWMARKET ~ 21 $740,000 -17.7% $731,250 4.5% 17.9% NORMAN PARK ~ 21 $689,500 -10.6% $790,000 16.3% 23.4% NORTHGATE 25 $590,000 -4.8% $572,500 4.1% 17.1% NUDGEE 11 $556,350 -2.4% $556,500 5.0% 23.3% NUNDAH 20 $697,850 -1.4% $650,000 5.7% 24.4% OXLEY 25 $462,500 -2.6% $468,690 4.2% 11.6% PADDINGTON ~ 32 $882,500 -0.8% $930,000 19.0% 37.7% PARKINSON 30 $600,000 9.6% $567,500 9.1% 19.5% PULLENVALE ^ 6 N/A N/A $923,750 -5.7% -3.0% RED HILL 24 $780,000 6.8% $745,000 12.5% 14.6% RIVERHILLS 14 $432,500 0.1% $433,500 4.7% 6.8% ROBERTSON 6 N/A N/A $741,940 7.5% 21.6% ROCKLEA ~ 5 N/A N/A $357,000 17.0% -2.2% RUNCORN ~ 28 $458,000 -11.6% $468,800 6.7% 15.2% SALISBURY 32 $479,000 -4.2% $487,500 11.8% 17.5% SANDGATE ~ 22 $535,000 13.6% $572,500 12.3% 23.7% SEVEN HILLS ~ 15 $665,000 -7.3% $631,000 1.6% 17.8% SEVENTEEN MILE ROCKS ~ 12 $540,000 10.8% $655,000 37.3% 44.0% SHERWOOD ~ 22 $685,000 -11.0% $709,000 2.5% 4.3% SINNAMON PARK 14 $577,625 N/A $585,250 3.6% 2.2% SPRING HILL ~ 8 N/A N/A $922,500 19.0% N/A ST LUCIA ~ 10 $1,180,000 30.0% $1,000,000 3.0% 16.3% STAFFORD 14 $575,500 5.6% $530,000 15.2% 20.2% STAFFORD HEIGHTS 27 $528,000 7.2% $510,000 12.1% 17.2% STRETTON 21 $710,500 5.3% $719,500 9.6% 12.4% SUNNYBANK 50 $627,750 4.5% $600,000 12.0% 20.0% SUNNYBANK HILLS ~ 58 $591,500 -4.9% $580,000 16.1% 31.2% TAIGUM 11 $480,000 N/A $455,000 6.8% 8.3% TARINGA 10 $824,000 N/A $820,000 9.8% 15.2% TARRAGINDI 42 $614,000 3.5% $600,000 7.1% 17.6% THE GAP 58 $607,500 9.5% $570,000 0.8% 13.9% TINGALPA 21 $460,000 -1.7% $460,000 5.5% 9.7% TOOWONG ~ 22 $850,000 25.9% $737,500 8.5% 18.0% UPPER KEDRON 15 $540,000 0.0% $540,000 2.9% 2.9% UPPER MOUNT GRAVATT 36 $512,000 -5.6% $535,000 15.1% 23.8% VIRGINIA 19 $527,500 7.7% $495,000 15.1% 15.8% WAKERLEY ~ 38 $603,500 -7.9% $655,000 1.6% 19.1% WAVELL HEIGHTS 38 $590,000 2.6% $572,500 10.1% 19.3% WEST END ~ 12 $1,012,000 6.5% $980,000 16.0% 35.7% WESTLAKE ~ 16 $621,944 11.1% $635,000 9.5% 16.8% WILSTON ~ 13 $747,500 -13.0% $825,000 0.6% 13.0%
  • 8. BRISBANE MARKET UPDATES SALES MARKET - UNITS & TOWNHOUSES 8 QUEENSLAND MARKET MONITOR SALES MARKET - UNITS & TOWNHOUSES (CONT’D) SUBURB NUMBER OF SALES MEDIAN SALE QTRLY CHANGE ANNUAL MEDIAN SALE 1YR CHANGE 5YR CHANGE SALES MARKET - HOUSES (CONT’D) SUBURB NUMBER OF SALES MEDIAN SALE QTRLY CHANGE ANNUAL MEDIAN SALE 1YR CHANGE 5YR CHANGE WINDSOR 18 $690,000 N/A $685,000 -1.1% 14.2% WISHART 22 $573,000 1.3% $562,000 3.6% 15.9% WOOLLOONGABBA ~ 23 $649,000 N/A $665,000 20.6% 19.8% WOOLOOWIN ~ 14 $670,000 -1.7% $776,000 11.7% 28.3% WYNNUM 55 $572,500 8.5% $527,500 1.0% 14.3% WYNNUM WEST 39 $470,000 -4.1% $470,000 11.2% 6.2% YERONGA ~ 18 $720,000 10.8% $675,500 6.4% 0.1% ZILLMERE 34 $388,275 -1.8% $405,000 9.5% 9.8% BRISBANE CITY (LGA) 1,964 $420,000 0.6% $420,000 5.0% 9.1% ACACIA RIDGE 21 $348,000 N/A $348,000 N/A N/A ALBION ~ * 8 N/A N/A $445,000 -24.0% 12.7% ALDERLEY * t 22 $507,500 N/A $437,500 3.9% 21.7% ALGESTER 4 N/A N/A $308,500 2.8% -3.3% ANNERLEY 39 $431,500 -3.0% $430,000 13.5% 19.4% ASCOT 17 $431,000 -3.4% $430,000 12.9% 13.2% ASHGROVE 13 $447,500 3.9% $460,000 9.5% 19.0% ASPLEY 12 $390,500 -2.1% $388,000 8.4% 7.8% AUCHENFLOWER 20 $468,750 -0.6% $472,000 2.8% 10.0% BALMORAL ~ 9 N/A N/A $462,750 -12.3% 10.8% BARDON 5 N/A N/A $541,500 N/A 11.6% BOONDALL 18 $394,000 0.0% $394,000 N/A N/A BOWEN HILLS * 23 $465,000 10.2% $451,250 15.0% 7.4% BRISBANE CITY ~ * 112 $472,000 -10.1% $500,000 7.6% 16.3% BULIMBA 13 $587,500 4.9% $566,000 -0.5% 9.4% CALAMVALE 35 $358,800 3.1% $364,950 -0.8% 1.8% CARINA 19 $410,250 3.9% $429,500 4.8% 3.5% CARINA HEIGHTS 16 $459,000 2.0% $458,000 6.5% 4.1% CARINDALE 5 N/A N/A $420,000 -2.3% -19.5% CARSELDINE 5 N/A N/A $392,000 1.8% 8.9% CHERMSIDE 18 $399,500 2.3% $400,000 3.2% -2.3% CLAYFIELD 53 $382,500 -6.9% $390,000 10.3% 9.6% COOPERS PLAINS 4 N/A N/A $384,000 -7.2% N/A COORPAROO 60 $377,500 -5.9% $387,000 3.8% 9.6% CORINDA 5 N/A N/A $374,000 2.5% -13.2% DOOLANDELLA - N/A N/A $348,500 N/A N/A DURACK 4 N/A N/A $349,000 -0.6% N/A DUTTON PARK 4 N/A N/A $500,000 -4.8% N/A EAST BRISBANE 15 $445,000 6.0% $407,500 -4.1% 7.2% EIGHT MILE PLAINS 26 $386,000 4.6% $385,000 1.3% 5.2% ELLEN GROVE 4 N/A N/A $346,000 0.0% 3.3% ENOGGERA 7 N/A N/A $400,000 -3.6% 1.3% EVERTON PARK * t 30 $419,000 -1.4% $412,500 3.7% 20.4% FAIRFIELD * 5 N/A N/A $355,000 -13.4% -17.9% FORTITUDE VALLEY ~ * 68 $464,000 -7.2% $445,000 6.0% 11.7% GAYTHORNE 11 $408,500 N/A $410,000 0.0% 17.0% GORDON PARK 9 N/A N/A $364,000 1.1% 7.1% GREENSLOPES 29 $391,000 9.7% $373,750 10.6% 2.5% HAMILTON ~ * 32 $545,000 11.2% $511,000 -1.7% 16.1% HAWTHORNE 8 N/A N/A $505,000 10.4% 17.7% HENDRA 2 N/A N/A $500,000 N/A N/A HERSTON ~ 4 N/A N/A $437,500 N/A 22.9% HIGHGATE HILL ~ 11 $390,000 -20.4% $510,000 -1.0% 15.3% HOLLAND PARK WEST 5 N/A N/A $377,500 N/A 6.0% INDOOROOPILLY 29 $431,000 2.1% $470,000 9.7% 10.5% KANGAROO POINT ~ 62 $445,000 -7.9% $490,000 3.2% 16.7% KEDRON ~ 13 $384,000 13.8% $355,000 7.7% 8.6% KELVIN GROVE 36 $459,000 -2.3% $473,000 -5.2% 5.3% KURABY 4 N/A N/A $297,000 2.4% -4.3% LUTWYCHE ~ * 11 $421,000 25.7% $410,000 -7.9% 21.5% MANLY WEST 10 $340,000 N/A $355,000 -11.2% -9.7% MCDOWALL 3 N/A N/A $405,000 3.8% -0.5% MILTON ~ 9 N/A N/A $443,000 -15.6% -9.0% MOOROOKA 17 $397,500 4.6% $370,000 -1.1% 11.4% MORNINGSIDE 45 $476,750 -1.9% $471,000 8.1% 9.5% MOUNT GRAVATT EAST 18 $381,750 0.2% $395,000 -4.6% 11.3% NEW FARM * 70 $555,500 3.6% $560,000 10.5% 21.7% NEWMARKET 4 N/A N/A $453,500 13.4% 14.5% NEWSTEAD ~ f 13 $875,000 3.6% $767,500 17.5% 48.9% NORMAN PARK 10 $382,000 N/A $507,500 11.5% 8.4% NORTHGATE 12 $397,500 N/A $375,250 2.3% 1.4% NUNDAH 47 $365,000 -2.8% $429,000 4.9% 3.4% PADDINGTON ~ 15 $538,000 11.0% $485,211 -8.4% 11.4% PARKINSON ~ 2 N/A N/A $306,000 -22.1% -5.8% RED HILL 5 N/A N/A $407,250 N/A 6.6% RICHLANDS 8 N/A N/A $337,500 0.1% N/A ROCHEDALE - N/A N/A $399,000 3.1% N/A RUNCORN 32 $328,500 1.9% $337,000 0.3% 2.1% SHERWOOD 7 N/A N/A $445,000 6.0% 4.4% SOUTH BRISBANE * 34 $460,000 -3.2% $515,000 14.6% 28.8% SPRING HILL 40 $420,500 -3.3% $387,500 2.0% 0.4% ST LUCIA 34 $478,000 9.9% $470,000 -0.3% 5.3% STAFFORD 7 N/A N/A $395,000 -2.8% 9.7% SUNNYBANK HILLS 14 $366,500 N/A $345,150 7.9% -2.8% TAIGUM ~ t 23 $361,500 -6.1% $385,000 19.6% 13.8% TARINGA ~ 37 $430,000 12.3% $417,000 3.0% 5.6% TENERIFFE 53 $624,000 -2.9% $620,000 12.1% 15.9% TENNYSON ~ 3 N/A N/A $960,000 20.0% -24.4% THE GAP 6 N/A N/A $449,500 3.3% 8.0% TINGALPA 13 $345,000 N/A $329,500 3.0% 2.6% TOOWONG 56 $450,000 5.1% $457,500 1.7% 18.8% UPPER MOUNT GRAVATT * t 20 $517,500 N/A $451,000 28.9% 15.6% WAKERLEY 6 N/A N/A $413,000 -4.6% N/A WAVELL HEIGHTS 5 N/A N/A $432,000 N/A -1.6% WEST END ~ * 40 $529,000 -13.3% $514,000 -2.1% -5.9% WINDSOR 16 $405,000 5.2% $395,000 -11.0% 15.8% WISHART 13 $390,000 6.6% $376,000 7.4% 7.4% WOOLLOONGABBA 14 $395,000 -2.5% $399,000 -5.0% -2.8% WOOLOOWIN 13 $347,000 N/A $362,500 0.8% 8.5% WYNNUM 5 N/A N/A $370,000 2.1% 2.5% WYNNUM WEST * t 11 $307,500 -22.0% $359,000 0.0% 15.8% YEERONGPILLY 8 N/A N/A $410,000 8.2% -1.0% YERONGA * t 18 $537,500 40.7% $435,500 1.9% 5.3% ZILLMERE 19 $335,000 0.5% $340,000 -6.8% -2.0% Direct Connect makes moving easy for your customers by arranging their utility connections and other moving solutions. 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  • 9. BRISBANE MARKET UPDATES RENTAL MARKET - 3 BED HOUSES POST SEP-14 SEP-13 CODE LOCALITYL $/WEEK NEW BONDS $/WEEK NEW BONDS SEPTEMBER QUARTER 2014 9 RENTAL MARKET - 3 BED HOUSES POST SEP-14 SEP-13 CODE LOCALITYL $/WEEK NEW BONDS $/WEEK NEW BONDS RENTAL MARKET - 2 BED UNITS SALES MARKET - VACANT LAND SUBURB NUMBER OF SALES MEDIAN SALE QTRLY CHANGE ANNUAL MEDIAN SALE 1YR CHANGE 5YR CHANGE BRISBANE CITY (LGA) 159 $335,000 -0.2% $320,000 10.3% 17.6% BRISBANE CITY (LGA) ^ 16 $587,500 N/A $680,000 -35.4% 51.1% BRIDGEMAN DOWNS ~ 7 N/A N/A $402,500 13.4% 32.0% BRIGHTON 12 $274,500 N/A $278,000 N/A N/A CARINDALE ~ 4 N/A N/A $460,000 -11.5% N/A CARSELDINE 3 N/A N/A $334,000 2.5% 19.3% FITZGIBBON ~ 16 $170,700 0.2% $194,900 15.4% N/A HEATHWOOD 7 N/A N/A $265,000 N/A 11.3% KURABY 3 N/A N/A $328,875 0.4% 2.8% MCDOWALL 2 N/A N/A $355,000 N/A N/A MOGGILL 7 N/A N/A $255,000 4.1% 8.5% OXLEY 4 N/A N/A $285,000 0.0% 16.3% ROCHEDALE 3 N/A N/A $415,000 8.4% N/A UPPER KEDRON 3 N/A N/A $324,750 7.9% N/A BRISBANE CITY $400 4474 $395 4311 BAYSIDE $340 37 $340 43 4178 WYNNUM $330 26 $350 33 4179 MANLY $430 11 $285 10 CITY INNER $495 1925 $490 1718 4000 BRISBANE CITY $590 358 $600 249 4005 NEW FARM $495 300 $500 302 4006 BOWEN HILLS $495 279 $500 250 4064 PADDINGTON $405 64 $385 74 4066 TOOWONG $415 248 $400 189 4067 ST LUCIA $430 110 $430 126 4101 WEST END $500 289 $515 270 4102 WOOLOONGABBA $460 101 $390 71 4169 EAST BRISBANE $465 176 $495 185 NORTH - INNER $360 855 $360 829 4007 ASCOT $395 136 $410 147 4010 ALBION $390 29 $415 30 4011 CLAYFIELD $355 131 $350 125 4012 NUNDAH $375 220 $375 190 4030 LUTWYCHE $340 125 $340 134 4031 GORDON PARK $330 74 $320 72 4051 ALDERLEY $340 140 $350 130 NORTH - OUTER $350 241 $340 254 4013 NORTHGATE $300 27 $285 23 4014 VIRGINIA $275 8 $335 8 4017 BRACKEN RIDGE $300 22 $270 26 4018 FITZGIBBON $330 5 $335 10 4032 CHERMSIDE $375 102 $350 111 4034 ASPLEY $350 77 $350 75 NORTH WEST - INNER $400 156 $399 177 4059 KELVIN GROVE $430 106 $400 126 4060 ASHGROVE $380 40 $425 41 4065 BARDON $300 10 $350 10 NORTH WEST - OUTER $370 95 $370 103 4053 STAFFORD $370 91 $390 99 SOUTH - INNER $365 444 $350 437 4103 ANNERLEY $350 113 $345 99 4104 YERONGA $370 37 $350 47 4105 MOOROOKA $350 69 $350 76 4120 GREENSLOPES $370 104 $360 92 4121 HOLLAND PARK $340 35 $340 40 4122 MANSFIELD $390 84 $385 83 BRISBANE CITY $415 2932 $410 2927 BAYSIDE $410 151 $395 143 4178 WYNNUM $400 82 $400 72 4179 MANLY $420 69 $395 71 CITY INNER $530 231 $540 251 4000 BRISBANE CITY $555 28 $550 12 4005 NEW FARM $700 7 $615 24 4006 BOWEN HILLS $520 11 $540 10 4064 PADDINGTON $540 51 $550 48 4066 TOOWONG $500 49 $520 45 4067 ST LUCIA $180 10 $415 19 4101 WEST END $530 26 $575 39 4102 WOOLOONGABBA $470 20 $490 24 4169 EAST BRISBANE $545 29 $530 30 NORTH - INNER $450 302 $450 313 4007 ASCOT $575 13 $525 17 4010 ALBION $550 6 $500 13 4011 CLAYFIELD $500 36 $525 38 4012 NUNDAH $435 64 $440 71 4030 LUTWYCHE $470 47 $470 46 4031 GORDON PARK $430 46 $440 50 4051 ALDERLEY $450 89 $450 78 NORTH - OUTER $390 419 $385 418 4013 NORTHGATE $380 16 $395 11 4014 VIRGINIA $380 36 $395 40 4017 BRACKEN RIDGE $380 141 $380 132 4018 FITZGIBBON $390 26 $390 36 4032 CHERMSIDE $400 48 $395 60 4034 ASPLEY $390 133 $390 118 4036 BALD HILLS $365 19 $355 21 NORTH WEST - INNER $500 121 $500 108 4059 KELVIN GROVE $500 51 $550 39 4060 ASHGROVE $475 32 $450 32 4065 BARDON $500 38 $500 37 NORTH WEST - OUTER $420 220 $400 237 4053 STAFFORD $415 139 $400 144 4054 ARANA HILLS $400 41 $400 54 4061 THE GAP $460 40 $435 39 SOUTH - INNER $425 320 $415 355 4103 ANNERLEY $450 31 $455 48 4104 YERONGA $440 14 $450 22 4105 MOOROOKA $420 47 $400 51 4120 GREENSLOPES $450 18 $450 30 4121 HOLLAND PARK $430 80 $425 65 4122 MANSFIELD $400 129 $400 137 SOUTH - OUTER $380 371 $380 312 4106 ROCKLEA $360 14 $365 6 4107 SALISBURY $395 29 $390 25 4108 COOPERS PLAINS $380 32 $355 18 4109 MACGREGOR $400 107 $395 99 4110 ACACIA RIDGE $340 54 $340 66 4112 KURABY $390 9 $370 12 4113 EIGHT MILE PLAINS $385 83 $390 50 4115 ALGESTER $370 19 $370 15 4116 CALAMVALE $390 24 $390 21 SOUTH EAST - INNER $450 293 $450 272 4151 COORPAROO $450 26 $480 43 4152 CAMP HILL $450 117 $440 95 4170 CANNON HILL $450 97 $450 85 4171 BALMORAL $550 36 $590 36 4172 MURARRIE $430 17 $400 13 SOUTH EAST - OUTER $410 56 $400 39 4153 BELMONT $400 8 $440 6 4154 GUMDALE $530 7 N.A. 4 4173 TINGALPA $410 30 $400 20 4174 HEMANT $370 8 $390 7 SOUTH WEST - INNER $430 108 $420 109 4068 CHELMER $450 42 $450 48 4075 CORINDA $420 66 $395 61 SOUTH WEST - OUTER $360 340 $355 370 4069 BROOKFIELD $450 40 $440 48 4073 SEVENTEEN MILE ROCKS $400 15 $420 17 4074 JINDALEE $380 54 $385 68 4076 DARRA $340 27 $330 32 4077 DOOLANDELLA $320 73 $310 97 4078 FOREST LAKE $350 127 $350 99
  • 10. BRISBANE MARKET UPDATES RENTAL MARKET - 2 BED UNITS (CONT’D) POST SEP-14 SEP-13 CODE LOCALITYL $/WEEK NEW BONDS $/WEEK NEW BONDS 10 QUEENSLAND MARKET MONITOR RENTAL MARKET - 3 BED TOWNHOUSES POST SEP-14 SEP-13 CODE LOCALITYL $/WEEK NEW BONDS $/WEEK NEW BONDS DID YOU KNOW? YOU CAN GET MEDIAN WEEKLY RENTS FOR OTHER PROPERTY TYPES ONLINE AT WWW.RTA.QLD.GOV.AU BRISBANE CITY $405 1653 $405 1495 BAYSIDE $400 91 $390 110 4178 WYNNUM $400 53 $390 60 4179 MANLY $390 38 $390 50 CITY INNER $600 66 $600 62 4006 BOWEN HILLS $625 13 $625 11 4064 PADDINGTON $600 14 $600 10 4066 TOOWONG $550 11 $560 12 4067 ST LUCIA $575 9 $620 8 4101 WEST END $750 7 $690 6 4169 EAST BRISBANE $550 8 $490 5 NORTH - INNER $470 96 $475 82 4007 ASCOT $550 9 $590 8 4011 CLAYFIELD $500 12 $500 8 4012 NUNDAH $450 18 $460 17 4030 LUTWYCHE $495 8 $450 9 4031 GORDON PARK $450 19 $465 20 4051 ALDERLEY $450 28 $480 20 NORTH - OUTER $380 236 $385 173 4013 NORTHGATE $410 12 $475 14 4017 BRACKEN RIDGE $365 34 $365 31 4018 FITZGIBBON $296 66 $375 40 4032 CHERMSIDE $430 22 $425 32 4034 ASPLEY $395 93 $385 46 4036 BALD HILLS $294 9 $280 10 NORTH WEST - INNER $500 20 $560 22 4059 KELVIN GROVE $500 13 $599 13 NORTH WEST - OUTER $425 51 $410 54 4053 STAFFORD $425 41 $410 43 4054 ARANA HILLS $400 7 $370 7 SOUTH - INNER $440 155 $435 138 4103 ANNERLEY $490 27 $500 27 4104 YERONGA $480 17 $460 14 4105 MOOROOKA $450 23 $400 12 4120 GREENSLOPES $495 15 $475 15 4121 HOLLAND PARK $460 7 $430 14 4122 MANSFIELD $420 66 $415 56 SOUTH - OUTER $390 396 $390 348 4107 SALISBURY $495 7 $410 7 4109 MACGREGOR $405 63 $410 66 4110 ACACIA RIDGE $340 41 $335 7 4112 KURABY $380 18 $365 12 4113 EIGHT MILE PLAINS $400 149 $400 136 4115 ALGESTER $380 31 $380 37 4116 CALAMVALE $385 85 $380 80 SOUTH EAST - INNER $485 209 $480 200 4151 COORPAROO $495 8 $500 14 4152 CAMP HILL $450 96 $450 87 4170 CANNON HILL $500 69 $500 62 4171 BALMORAL $540 30 $600 29 4172 MURARRIE $475 6 $485 8 SOUTH EAST - OUTER $410 55 $415 68 4153 BELMONT $420 7 $430 21 4154 GUMDALE $410 30 $410 33 4173 TINGALPA $385 17 $390 14 SOUTH WEST - INNER $420 76 $420 54 4068 CHELMER $485 25 $500 16 4075 CORINDA $400 51 $400 38 SOUTH WEST - OUTER $360 202 $350 184 4073 SEVENTEEN MILE ROCKS $400 11 $410 8 4074 JINDALEE $435 19 $400 19 4076 DARRA $375 28 N.A. 4 4077 DOOLANDELLA $355 103 $350 117 4078 FOREST LAKE $355 38 $355 30 SOUTH - OUTER $320 58 $320 68 4106 ROCKLEA $250 6 $275 6 4108 COOPERS PLAINS $250 6 $320 7 4109 MACGREGOR $390 24 $350 41 4110 ACACIA RIDGE $310 5 N.A. 4 4113 EIGHT MILE PLAINS $340 5 N.A. 4 4115 ALGESTER $300 6 N.A. 2 SOUTH EAST - INNER $380 387 $370 394 4151 COORPAROO $360 152 $365 160 4152 CAMP HILL $360 30 $350 34 4170 CANNON HILL $395 88 $360 89 4171 BALMORAL $435 114 $410 107 SOUTH WEST - INNER $370 251 $385 264 4068 CHELMER $375 212 $390 220 4075 CORINDA $335 39 $350 44 SOUTH WEST - OUTER $325 23 $330 15 4076 DARRA $250 6 N.A. 1 4078 FOREST LAKE $335 10 $335 6 Brisbane’s house market continues to lead the rest of the state out of the recovery stage
  • 11. BRISBANE MARKET UPDATES BRISBANE HOUSE MARKETS September Qtr 2014 For example, Redlands QUEENSLAND units HOUSE are averaging MARKETS 5.3 per cent, compared to 5.7 per cent for house sales. Overall sales volumes are trending upwards and Logan City leading the way, with an increase of 41 per cent over the quarter and a healthy 4.8 per cent increase in median sale price. Over the year to September, the Ipswich unit market was the star performer with an increase of 14.6 per cent compared to the previous year and up 9.8 per cent compared to five years ago. RENTAL MARKET With affordability a key driver of tenant demand, the Greater Brisbane rental market continues to see strong tenant enquiry as more look to the outer suburbs to achieve cheaper rent or more for their money. As a result, vacancy levels have tightened further with the Brisbane Statistical Division recording a drop of 0.3 percentage points to two per cent at the end of September. It has now returned to the same level recorded at the end of September last year. The vacancy level for the greater Brisbane area, excluding the Brisbane City LGA, also returned to that recorded 12 months ago, to a 1.7 per cent vacancy rate. Ipswich and Logan both recorded the largest drop in its vacancy rate, down 1.4 percentage points compared to the end of June, placing both regions into tight market conditions. Over the September quarter, median weekly rents from the RTA show modest changes across the Greater Brisbane regions, with the exception of two bedroom flats in Redland, which saw an increase of $35 to $310 per week. SEPTEMBER QUARTER 2014 11 GREATER BRISBANE While Brisbane City’s residential market continues to strengthen, so too do the outer lying areas of Greater Brisbane. Buyers are looking to the outer areas for affordability reasons but also for lifestyle reasons. Redland City is leading the way with the strongest growth in median sale prices compared to five years ago, while Logan and Moreton Bay are leading the way in terms of sales activity. Ipswich is a tad behind the three other regions, but it too is moving into a rising market with preliminary sales volumes also improving over the quarter. Many of the outer lying areas are seeing improved infrastructure projects going ahead, such as the Kippa-Ring rail extension in Redcliffe, which will continue to support the increasing population in the region. And while interstate migration sits at historical lows, many market commentators are tipping this will turn around on the back of increasing house prices in Sydney and Melbourne. HOUSE MARKET Over the September quarter, all LGAs within the Brisbane surrounds recorded an increase in preliminary sales numbers. Median house prices remained relatively stable or softened in some areas due to an increase in activity at the affordable end of the market. Preliminary sales numbers in the sub-$350,000 and sub-$500,000 price points were up 10 and nine per cent respectively, while the upper two price points saw only marginal increases since the end of June. Average days on market and average vendor discounting for the greater Brisbane area both improved slightly over the three months to September. Redland was the fastest selling region with an average of just 70 days. Market conditions are leaning more in favour of sellers in Moreton Bay, where the average vendor discount is 5.4 per cent, up from 6.8 per cent 12 months ago. Despite recording the longest days on market and vendor discount for the greater Brisbane area, the Ipswich property market is set to be vastly benefited from improved infrastructure. These include rail upgrades for the South-west rail transport corridor identified by the new Brisbane City Plan. UNIT MARKET The unit and townhouse market for the Brisbane surrounds is still somewhat behind the house market, with days on market up around the 100-day mark. Average vendor discounting in some regions is better than that those for house sales. FALLING RISING RECOVERING STABILISING Brisbane Redland Logan Moreton Bay Ipswich Source: REIQ September Qtr 2014 FALLING RISING RECOVERING STABILISING Mackay Brisbane SD Toowoomba Gold Coast Townsville Gladstone Bundaberg Rockhampton Sunsine Coast Cairns Fraser Coast Source: REIQ
  • 12. BRISBANE MARKET UPDATES 12 QUEENSLAND MARKET MONITOR SALES MARKET - HOUSES (CONT’D) SUBURB NUMBER OF SALES MEDIAN SALE QTRLY CHANGE ANNUAL MEDIAN SALE 1YR CHANGE 5YR CHANGE SALES MARKET - HOUSES SUBURB NUMBER OF SALES MEDIAN SALE QTRLY CHANGE ANNUAL MEDIAN SALE 1YR CHANGE 5YR CHANGE BRISBANE (SD) 6,432 $465,500 -1.0% $470,000 6.8% 13.4% BRISBANE (SD) ^ 519 $550,000 1.9% $560,000 4.7% 4.7% IPSWICH CITY (LGA) 568 $300,000 0.0% $306,000 3.2% -2.9% IPSWICH CITY (LGA) ^ ~ 60 $435,000 -8.7% $455,000 5.8% 2.2% AUGUSTINE HEIGHTS ~ * 12 $480,000 -11.9% $486,250 -3.7% -10.0% BELLBIRD PARK ~ 18 $287,620 -10.2% $311,200 -5.1% -5.7% BOOVAL 16 $258,888 N/A $260,000 0.0% -3.7% BRASSALL ~ 30 $324,000 13.2% $315,000 1.6% -4.0% BUNDAMBA ~ * 20 $250,500 -15.4% $275,000 3.4% -3.5% CAMIRA 24 $335,000 -3.5% $332,320 2.3% -0.8% COLLINGWOOD PARK 20 $302,500 -3.5% $305,000 2.0% -6.9% EAST IPSWICH ~ 9 N/A N/A $240,000 -2.4% -13.0% EASTERN HEIGHTS 15 $275,000 -5.2% $272,500 11.2% -0.9% FLINDERS VIEW ~ 11 $394,250 11.1% $357,500 10.2% -7.7% GOODNA 28 $285,000 8.6% $280,000 4.7% -5.1% IPSWICH ~ 7 N/A N/A $263,000 -6.1% -20.8% KARALEE ^ 10 $465,000 N/A $510,000 4.1% 10.2% LEICHHARDT ~ 11 $206,000 -8.0% $215,000 10.3% -12.2% NEWTOWN 5 N/A N/A $313,500 8.5% -2.9% NORTH BOOVAL ~ 7 N/A N/A $230,000 -3.0% -15.6% NORTH IPSWICH ~ 22 $295,000 11.1% $253,100 12.5% -9.9% ONE MILE 10 $250,000 N/A $230,000 4.5% -6.1% RACEVIEW 33 $306,500 2.2% $303,000 4.5% -2.3% REDBANK PLAINS 46 $277,000 -6.1% $295,000 4.2% -4.8% RIVERVIEW 9 N/A N/A $235,000 N/A -6.9% ROSEWOOD 10 $271,250 N/A $260,000 4.0% 2.0% SILKSTONE 15 $250,000 5.9% $265,000 6.0% -3.6% SPRINGFIELD 22 $388,000 3.1% $378,000 1.1% 1.7% SPRINGFIELD LAKES 66 $410,000 1.9% $395,000 4.4% 0.8% TIVOLI 9 N/A N/A $250,000 N/A -5.7% WOODEND 7 N/A N/A $307,000 7.7% 6.0% YAMANTO 16 $395,000 4.6% $350,000 4.5% 1.2% LOGAN CITY (LGA) 818 $341,000 -0.9% $345,000 4.5% 1.4% LOGAN CITY (LGA) ^ 157 $510,000 5.3% $510,000 6.3% 3.0% BEENLEIGH 24 $281,500 -1.9% $290,000 1.9% -9.9% BERRINBA 5 N/A N/A $410,000 N/A 6.8% BETHANIA 12 $293,500 6.7% $282,250 -1.0% -9.0% BORONIA HEIGHTS 32 $320,000 -2.3% $315,000 3.3% 1.0% BROWNS PLAINS ~ 16 $323,051 11.8% $304,500 1.5% -4.1% CEDAR GROVE ^ 8 N/A N/A $425,000 7.6% 1.2% CEDAR VALE ^ 7 N/A N/A $430,000 0.8% 3.2% CORNUBIA ~ 19 $512,000 10.7% $470,000 3.3% 3.9% CRESTMEAD 54 $297,500 6.3% $290,000 5.4% -4.9% DAISY HILL ~ 24 $430,500 -8.4% $431,500 11.8% 12.1% EAGLEBY 35 $245,000 -2.6% $255,000 2.6% -10.8% EDENS LANDING ~ 21 $320,000 -7.8% $340,000 1.8% -3.5% FORESTDALE ^ 6 N/A N/A $645,000 -0.4% 10.3% GREENBANK ^ 27 $539,000 -0.1% $517,500 2.6% 1.1% HERITAGE PARK 19 $407,000 -5.5% $406,500 8.4% 4.2% HILLCREST 24 $329,600 8.8% $320,100 0.4% -3.1% JIMBOOMBA 10 $327,250 N/A $361,000 -4.7% -5.0% JIMBOOMBA ^ 22 $437,250 -3.9% $460,000 2.2% 3.1% KINGSTON 38 $267,000 -4.3% $265,000 10.4% -5.7% LOGAN CENTRAL 18 $268,500 -0.6% $264,000 10.0% -2.9% LOGAN RESERVE 3 N/A N/A $339,000 N/A N/A LOGAN VILLAGE ^ 9 N/A N/A $495,000 6.5% 0.5% LOGANHOLME 30 $358,500 1.6% $358,000 0.0% 3.8% LOGANLEA 27 $325,000 7.4% $308,500 7.4% 1.1% MARSDEN 47 $307,350 -6.7% $312,000 6.1% -1.0% MEADOWBROOK 13 $372,500 N/A $370,000 3.9% -4.1% MOUNT WARREN PARK 23 $358,000 6.1% $340,000 1.9% -1.4% MUNRUBEN ^ 5 N/A N/A $515,000 4.0% 6.2% NEW BEITH ^ 14 $538,500 -4.2% $555,250 6.8% 2.6% REGENTS PARK 48 $365,000 -1.7% $354,000 1.1% -0.3% ROCHEDALE SOUTH 50 $430,000 3.6% $425,000 4.9% 9.0% SHAILER PARK 34 $477,500 -3.0% $478,500 5.7% 6.3% SLACKS CREEK ~ 29 $316,000 10.9% $295,000 6.8% -1.3% SPRINGWOOD 24 $435,000 3.6% $438,000 9.5% 9.5% TANAH MERAH 11 $388,000 2.1% $395,000 9.7% -1.0% UNDERWOOD 23 $482,000 -2.6% $478,250 6.3% 21.8% WATERFORD 18 $352,500 N/A $355,000 5.3% -10.7% WATERFORD WEST 19 $340,500 8.4% $314,000 11.3% -1.7% WINDAROO 13 $430,000 N/A $417,000 10.5% 7.6% WOODRIDGE 38 $268,500 1.3% $260,000 10.6% -2.6% YARRABILBA 9 N/A N/A $396,500 N/A N/A MORETON BAY (LGA) 1,275 $382,250 -1.4% $390,000 4.0% 4.0% MORETON BAY (LGA) ^ 189 $557,500 2.3% $560,000 3.7% 1.8% ALBANY CREEK 42 $505,000 8.7% $500,000 3.7% 5.8% ARANA HILLS 28 $457,750 -6.6% $455,755 3.3% 6.0% BANKSIA BEACH 20 $502,500 7.6% $466,000 1.3% -0.5% BEACHMERE 17 $330,000 9.6% $317,500 12.2% -3.8% BELLARA 16 $328,000 N/A $328,000 0.9% 0.2% BELLMERE 29 $335,000 6.3% $325,000 -0.9% -8.8% BONGAREE ~ 31 $350,000 -18.6% $397,500 9.7% 6.0% BRAY PARK 36 $370,000 2.1% $365,000 7.4% 0.6% BUNYA ^ 9 N/A N/A $726,000 N/A N/A BURPENGARY 34 $360,000 -2.2% $357,000 5.0% -0.1% BURPENGARY ^ 12 $545,000 0.0% $530,000 1.9% 1.0% BURPENGARY EAST 1 N/A N/A $397,000 N/A N/A BURPENGARY EAST ^ 7 N/A N/A $530,000 8.2% 6.0% CABOOLTURE 62 $278,500 -2.3% $287,000 4.4% -4.2% CABOOLTURE ^ 14 $465,000 -1.3% $451,000 2.5% -0.2% CABOOLTURE SOUTH ~ 22 $300,000 16.1% $275,000 9.6% -3.5% CASHMERE 10 $650,000 N/A $617,125 7.7% 10.2% CLONTARF 33 $389,000 2.6% $375,000 11.9% 4.3% DAKABIN 4 N/A N/A $425,000 N/A N/A DECEPTION BAY 76 $305,000 0.8% $300,000 5.6% -5.4% EATONS HILL 24 $548,000 5.8% $534,000 4.1% 5.5% ELIMBAH ^ 9 N/A N/A $480,000 0.0% -3.0% EVERTON HILLS 14 $468,500 -5.7% $485,000 6.8% 14.4% FERNY HILLS 31 $460,000 -1.5% $463,500 4.2% 9.1% GRIFFIN 8 N/A N/A $432,500 6.5% 8.8% KALLANGUR 68 $352,000 4.6% $341,000 6.6% -1.9% KIPPA-RING 33 $370,000 -4.8% $375,000 7.1% 3.3% LAWNTON 24 $352,000 N/A $338,500 2.3% -0.4% MANGO HILL 20 $457,387 2.3% $435,500 2.1% -3.2% MARGATE 29 $385,000 -5.2% $375,000 7.4% 6.4% MORAYFIELD 68 $315,450 1.8% $310,000 6.7% -6.1% MORAYFIELD ^ 18 $521,250 3.7% $520,000 7.2% -0.5% MURRUMBA DOWNS 30 $439,500 -5.1% $450,000 5.9% 8.4% NARANGBA 60 $403,500 1.5% $420,000 0.7% -1.1% NEWPORT 14 $792,500 N/A $810,000 12.1% 4.2% NINGI 10 $316,000 N/A $352,000 4.7% 14.3% NINGI ^ 7 N/A N/A $480,000 1.9% -0.1% NORTH LAKES 108 $438,000 -2.7% $449,250 3.3% 2.1% PETRIE 35 $369,500 2.4% $370,000 4.5% -0.1% REDCLIFFE 44 $383,000 2.3% $377,000 10.9% 7.4% ROTHWELL 20 $391,000 5.0% $385,000 8.5% 2.7% SAMFORD VALLEY ^ 11 $861,250 N/A $861,250 8.3% 11.1% SANDSTONE POINT 9 N/A N/A $370,000 0.3% -5.1% SCARBOROUGH ~ f 40 $490,000 13.3% $479,500 15.5% 16.7% STRATHPINE ~ 20 $330,000 -13.2% $355,000 8.9% 2.9% UPPER CABOOLTURE 6 N/A N/A $315,000 -0.3% -7.4% UPPER CABOOLTURE ^ 4 N/A N/A $507,500 2.5% N/A WAMURAN ^ 13 $520,000 N/A $488,750 5.4% -0.3% WARNER 31 $476,750 0.4% $470,000 2.2% 5.6% WARNER ^ 2 N/A N/A $690,000 N/A N/A WOODY POINT 21 $420,000 9.4% $387,500 2.5% 5.3% WOORIM 6 N/A N/A $400,000 -3.6% -7.0% REDLAND (LGA) 488 $468,000 -0.2% $465,000 3.3% 5.7% REDLAND (LGA) ^ ~ 29 $802,000 -3.4% $795,000 6.0% 1.9% ALEXANDRA HILLS 51 $406,000 -0.9% $410,000 5.1% 3.8% BIRKDALE 46 $492,250 2.6% $481,250 4.6% 8.1% CAPALABA 47 $421,000 -4.3% $425,000 4.9% 6.5%
  • 13. BRISBANE MARKET UPDATES CAPALABA BRISBANE CITY HOUSE SALES (p) JUN 14 SEP 14 1900 (p) Preliminary. Source: REIQ, p) Preliminary. Source: REIQ, BRISBANE SURROUNDS HOUSE SALES (p) INCLUDES BRISBANE IPSWICH, LOGAN, CITY MORETON UNIT BAY SALES & REDLAND JUN 14 SEP 14 (p) JUN 14 SEP 14 875 508 384 57 GOLD COAST HOUSE SALES (p) BRISBANE SURROUNDS UNIT SALES (p) JUN 14 SEP 14 INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND 516 JUN 14 SEP 14 SUNSHINE COAST & NOOSA HOUSE SALES (p) GOLD COAST UNIT SALES (p) JUN 14 SEP 14 p) Preliminary. Source: REIQ, ((p) Preliminary. Source: REIQ, <$SEPTEMBER QUARTER 2014 13 SALES MARKET - HOUSES (CONT’D) SUBURB NUMBER OF SALES MEDIAN SALE QTRLY CHANGE ANNUAL MEDIAN SALE 1YR CHANGE 5YR CHANGE SALES MARKET - UNITS & TOWNHOUSES SALES MARKET - UNITS & TOWNHOUSES (CONT’D) SUBURB NUMBER OF SALES MEDIAN SALE QTRLY CHANGE ANNUAL MEDIAN SALE 1YR CHANGE 5YR CHANGE 166 770 1840 784 161 235 274 <$350,000 $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 1154 1157 472 18 1272 1256 480 21 <$350,000 $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 65 480 548 575 66 84 101 <$350,000 $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. JUN 14 SEP 14 440 346 443 373 (p) Preliminary. Source: REIQ, (363 860 454 62 45 54 <$250,000 $250,000+ $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 197 260 111 46 5 260 282 132 51 5 <$250,000 $250,000+ $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 520 560 <$^ 5 N/A N/A $830,000 2.5% 9.9% CLEVELAND 51 $504,500 5.7% $513,500 2.5% 3.8% COOCHIEMUDLO ISLAND 5 N/A N/A $297,500 N/A N/A MACLEAY ISLAND ~ 16 $205,000 3.0% $205,000 -6.8% -14.6% MOUNT COTTON ~ 11 $429,000 -7.7% $469,000 2.3% 3.1% ORMISTON 24 $557,500 2.3% $549,000 -6.2% -2.8% REDLAND BAY 62 $499,000 -4.2% $499,000 5.6% 3.4% RUSSELL ISLAND ~ 13 $170,000 15.3% $175,000 -4.2% -23.9% THORNESIDE 14 $444,000 -5.5% $437,500 8.3% 7.2% THORNLANDS 37 $500,250 -0.9% $511,585 0.3% -1.7% VICTORIA POINT 64 $472,500 1.6% $467,725 3.9% 3.9% WELLINGTON POINT 39 $517,500 1.5% $520,000 2.0% 4.0% SURROUNDS LOCKYER VALLEY (LGA) 40 $248,750 1.5% $245,500 2.3% -6.4% LOCKYER VALLEY (LGA) ^ 81 $330,000 1.1% $340,000 3.7% 3.0% GATTON 25 $255,750 1.6% $258,500 3.4% -7.3% KENSINGTON GROVE ^ 9 N/A N/A $361,500 15.9% 1.4% LAIDLEY ~ 9 N/A N/A $212,500 -3.4% -15.2% LAIDLEY HEIGHTS ^ 10 $290,000 N/A N/A N/A N/A PLAINLAND ^ 5 N/A N/A $343,000 5.5% 8.9% REGENCY DOWNS ^ 7 N/A N/A $305,000 4.5% -4.7% WITHCOTT ^ 6 N/A N/A $361,250 0.6% 12.9% SCENIC RIM (LGA) ~ 49 $336,250 -5.3% $350,000 2.9% 2.9% SCENIC RIM (LGA) ^ ~ 66 $515,000 8.2% $480,000 10.3% 6.7% BEAUDESERT 10 $324,500 4.7% $318,750 4.5% 7.1% BOONAH 7 N/A N/A $270,000 1.9% -3.6% KOORALBYN ^ 4 N/A N/A $315,000 1.0% -3.1% TAMBORINE ^ ~ 17 $550,000 11.7% $532,500 8.1% 10.9% TAMBORINE MOUNTAIN 21 $450,000 7.8% $435,000 11.0% -1.1% TAMBORINE MOUNTAIN ^ 8 N/A N/A $585,000 -9.9% N/A SOMERSET (LGA) 37 $259,500 -1.1% $254,000 5.8% 3.7% SOMERSET (LGA) ^ 52 $382,500 -1.9% $379,500 11.6% 10.0% ESK 5 N/A N/A $238,000 N/A N/A FERNVALE 6 N/A N/A $337,000 N/A -2.6% KILCOY ~ 8 N/A N/A $238,000 N/A -11.9% LOWOOD ~ 9 N/A N/A $258,000 -14.0% 9.8% LOWOOD ^ 1 N/A N/A $323,750 N/A 6.1% TOOGOOLAWAH 4 N/A N/A $206,500 N/A 8.4% BRISBANE (SD) 2,716 $384,900 -1.3% $390,000 4.0% 8.3% IPSWICH CITY (LGA) ~ t 73 $242,000 -16.5% $288,700 14.6% 9.8% BRASSALL 7 N/A N/A $248,000 N/A -10.5% BUNDAMBA 6 N/A N/A $290,000 N/A N/A GOODNA * t 14 $310,000 0.0% $310,000 N/A 31.9% REDBANK PLAINS * t 5 N/A N/A $219,000 -14.3% -22.5% LOGAN CITY (LGA) 263 $241,000 4.8% $248,000 -4.2% -5.3% BEENLEIGH ~ t 15 $190,000 12.4% $176,700 -1.8% -25.0% BORONIA HEIGHTS 6 N/A N/A $200,000 N/A N/A EAGLEBY * t 12 $210,000 N/A $260,000 -13.6% -14.0% HILLCREST 4 N/A N/A $216,250 N/A N/A KINGSTON 25 $310,000 N/A $295,000 N/A 0.0% LOGAN CENTRAL 9 N/A N/A $170,000 5.3% -11.6% MARSDEN 14 $334,000 N/A $330,000 -0.3% -5.7% MEADOWBROOK 6 N/A N/A $252,000 N/A -12.7% MOUNT WARREN PARK 5 N/A N/A $197,500 N/A -10.2% ROCHEDALE SOUTH 6 N/A N/A $270,500 2.7% -3.4% SHAILER PARK 14 $259,000 N/A $263,000 -4.4% -10.1% SLACKS CREEK 16 $205,000 -2.8% $200,000 5.3% -16.3% SPRINGWOOD 7 N/A N/A $260,500 5.5% -7.0% UNDERWOOD 13 $377,000 N/A $380,000 -1.2% 4.4% WATERFORD WEST 9 N/A N/A $195,000 N/A -12.8% WOODRIDGE 37 $183,000 -1.5% $182,000 4.0% -11.2% MORETON BAY (LGA) 319 $319,450 -0.2% $330,000 6.5% 3.6% ARANA HILLS 7 N/A N/A $350,000 -8.1% 2.9% BANKSIA BEACH 9 N/A N/A $357,000 4.5% -6.1% BONGAREE 21 $270,000 N/A $289,500 0.7% -7.7% BRENDALE ~ t 19 $274,500 -0.2% $320,000 20.8% 14.3% BURPENGARY 9 N/A N/A $270,000 N/A -3.6% CABOOLTURE ~ t 22 $145,000 -47.3% $199,500 -13.3% -31.2% CLONTARF * 12 $436,250 N/A $431,000 28.7% 23.3% DECEPTION BAY ~ t 20 $311,900 41.8% $269,000 3.5% 3.9% GRIFFIN 4 N/A N/A $354,000 0.4% N/A KALLANGUR 22 $331,000 7.4% $329,000 13.4% 0.2% KIPPA-RING 6 N/A N/A $266,500 9.0% -20.0% LAWNTON 11 $237,000 N/A $220,000 8.6% -14.4% MANGO HILL 3 N/A N/A $355,000 0.0% N/A MARGATE ~ 9 N/A N/A $372,500 20.6% -2.0% MURRUMBA DOWNS 10 $349,000 N/A $351,450 0.4% 13.7% NORTH LAKES 19 $359,000 0.0% $359,000 0.8% N/A REDCLIFFE ~ 41 $316,000 -7.1% $345,000 -1.4% 0.0% ROTHWELL 6 N/A N/A $292,500 N/A -8.2% SCARBOROUGH 19 $410,000 8.6% $390,000 4.0% -1.3% STRATHPINE 5 N/A N/A $254,750 3.1% -9.3% WOODY POINT 10 $297,500 N/A $317,500 -9.3% -13.5% REDLAND CITY (LGA) 97 $356,750 6.5% $350,000 4.5% 3.9% CAPALABA ~ t 27 $275,000 -15.0% $312,000 8.3% 3.1% CLEVELAND ~ 25 $400,000 -5.9% $415,000 18.6% 1.2% ORMISTON 11 $365,000 N/A $350,000 -9.0% 4.9% THORNESIDE 8 N/A N/A $311,000 14.3% 1.0% VICTORIA POINT 10 $355,000 N/A $350,000 13.8% 7.9%
  • 14. BRISBANE MARKET UPDATES SALES MARKET - VACANT LAND SUBURB NUMBER OF SALES MEDIAN SALE BRISBANE CITY LAND SALES (p) JUN 14 SEP 14 57 BRISBANE SURROUNDS LAND SALES (p) Includes IPSWICH, LOGAN, MORETON BAY & REDLAND JUN 14 SEP 14 14 QUEENSLAND MARKET MONITOR QTRLY CHANGE ANNUAL MEDIAN SALE 1YR CHANGE 5YR CHANGE SALES MARKET - VACANT LAND (CONT’D) SUBURB NUMBER OF SALES MEDIAN SALE QTRLY CHANGE ANNUAL MEDIAN SALE 1YR CHANGE 5YR CHANGE RENTAL MARKET - 3 BED HOUSES POST SEP-14 SEP-13 CODE LOCALITYL $/WEEK NEW BONDS $/WEEK NEW BONDS IPSWICH CITY $300 797 $295 782 4300 AUGUSTINE HEIGHTS $340 217 $330 201 4301 COLLINGWOOD PARK $310 119 $300 95 4303 DINMORE $270 26 $270 23 4304 BLACKSTONE $280 83 $280 89 4305 BASIN POCKET $280 273 $275 286 4306 AMBERLEY $330 53 $299 56 4340 ASHWELL $265 24 $300 25 LOGAN CITY $340 980 $335 928 4114 KINGSTON $315 177 $315 149 4117 BERRINBA LAND $340 8 $340 7 4118 BROWNS PLAINS $340 106 $340 93 4119 UNDERWOOD $395 15 $375 21 4123 PRIESTS GULLY TOOWOOMBA LAND $380 SALES 43 (p) $380 56 4124 BORONIA HEIGHTS JUN 14 $SEP 350 14 45 $325 51 4125 MUNRUBEN $430 7 $400 10 4127 CHATSWOOD HILLS $360 103 $350 102 4128 KIMBERLEY PARK $385 35 $375 34 4129 LOGANDALE $355 29 $350 21 4130 CARBROOK $385 14 $370 11 4131 LOGANLEA $350 41 $325 30 4132 CRESTMEAD $325 90 $325 84 4133 CHAMBERS FLAT $350 28 $350 41 4205 BETHANIA $330 18 $310 21 4207 ALBERTON $330 195 $320 170 4280 JIMBOOMBA $400 26 $395 27 (p) Preliminary. See Source: REIQ, data 24 MORETON BAY REGIONAL $340 1059 $330 1108 FRASER COAST LAND SALES (p) 4019 CLONTARF $360 89 $350 101 4020 NEWPORT $360 73 $340 89 4021 KIPPA-RING $350 30 $350 29 4022 ROTHWELL $320 24 $320 16 4035 ALBANY CREEK $400 17 $410 24 4055 BUNYA $410 30 $410 34 4500 BRAY PARK $350 78 $350 71 4501 LAWNTON $330 23 $340 16 4502 FRENCHS FOREST $350 30 $350 26 4503 DAKABIN $350 107 $350 101 4504 NARANGBA $320 30 $330 36 4505 BURPENGARY $340 22 $312 39 4506 MOORINA $295 54 $290 60 4507 BANKSIA BEACH $335 44 $320 60 4508 DECEPTION BAY $305 106 $300 86 43 40 40 49 29 31 24 <$250,000 $250,000+ $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 379 71 36 3 341 59 22 9 <$250,000 $250,000+ $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 88 102 GOLD COAST LAND SALES (p) JUN 14 SEP 14 40 49 JUN 14 SEP 14 BUNDABERG LAND SALES (p) JUN 14 SEP 14 57 0 0 62 3 0 <$250,000 $250,000+ $350,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. ROCKHAMPTON 52 <$41 <$(p) Preliminary. See Source: REIQ, data 2 2 60 3 4 <$250,000 $250,000+ $350,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 84 BRISBANE (SD) 590 $215,000 -0.3% $215,000 4.9% 1.2% BRISBANE (SD) ^ 83 $273,000 1.1% $265,000 -0.6% 3.9% IPSWICH CITY (LGA) 78 $168,177 -3.9% $179,000 3.5% 5.3% IPSWICH CITY (LGA) ^ 16 $244,500 N/A $249,000 N/A 4.4% AUGUSTINE HEIGHTS ~ 5 N/A N/A $243,700 18.3% 9.7% BELLBIRD PARK 7 N/A N/A $197,000 6.5% N/A BRASSALL 7 N/A N/A $180,000 5.9% 3.3% BUNDAMBA 0 N/A N/A $169,950 11.1% 4.4% DEEBING HEIGHTS 8 N/A N/A $164,225 9.5% N/A GOODNA ~ 5 N/A N/A $170,000 -8.1% 0.0% KARALEE ^ 5 N/A N/A $255,000 N/A N/A LEICHHARDT 3 N/A N/A $167,500 N/A N/A RACEVIEW 3 N/A N/A $172,000 5.5% 4.2% REDBANK PLAINS 10 $165,000 N/A $141,000 -1.0% -16.6% SPRINGFIELD LAKES ~ 16 $152,000 -5.0% $188,000 7.4% 12.6% LOGAN CITY (LGA) ~ 89 $188,000 -3.6% $176,000 -9.7% -14.1% LOGAN CITY (LGA) ^ 24 $280,000 6.1% $260,000 5.1% 13.5% BUCCAN ^ 10 $290,000 N/A $295,000 N/A N/A CORNUBIA 6 N/A N/A $345,000 1.5% N/A HOLMVIEW ~ * 0 N/A N/A $166,850 -9.7% -20.5% JIMBOOMBA 10 $185,000 N/A $177,000 1.1% N/A JIMBOOMBA ^ 3 N/A N/A $227,750 10.7% 20.5% LOGAN RESERVE ~ 10 $138,000 -8.8% $155,000 0.0% N/A LOGAN VILLAGE 3 N/A N/A $249,000 N/A N/A MARSDEN 4 N/A N/A $182,500 -1.4% -3.4% NEW BEITH ^ 2 N/A N/A $274,000 5.4% 13.2% UNDERWOOD 3 N/A N/A $370,000 2.8% 13.8% WATERFORD ~ 21 $170,000 -10.5% $175,500 -3.6% -2.0% YARRABILBA 8 N/A N/A $150,500 -1.1% N/A MORETON BAY (LGA) 140 $210,825 -1.9% $214,180 4.5% 4.5% MORETON BAY (LGA) ^ 27 $272,000 4.6% $265,000 -3.6% -7.0% BANKSIA BEACH 5 N/A N/A $422,500 -1.7% -8.2% BRAY PARK 3 N/A N/A $204,500 1.7% -7.0% BURPENGARY 4 N/A N/A $212,900 1.4% N/A CABOOLTURE ~ 18 $187,000 8.4% $175,250 -2.6% -5.3% CABOOLTURE ^ 4 N/A N/A $255,000 -1.9% N/A D'AGUILAR 2 N/A N/A $161,000 N/A N/A DAKABIN 18 $200,500 N/A $200,000 1.5% N/A GRIFFIN 20 $214,525 0.2% $214,025 4.4% 5.7% MANGO HILL 11 $218,000 -3.1% $228,000 6.0% -2.9% MORAYFIELD 6 N/A N/A $172,000 0.0% -9.5% NARANGBA 6 N/A N/A $206,105 3.8% -7.5% NINGI ~ * 4 N/A N/A $184,900 N/A -18.1% NORTH LAKES ~ * 9 N/A N/A $234,910 11.9% 16.9% WAMURAN ^ 2 N/A N/A $235,000 N/A -4.1% WARNER 19 $222,000 -3.0% $225,500 0.2% -0.7% REDLAND CITY (LGA) ~ B 124 $51,000 -27.1% $233,000 275.8% -2.1% BIRKDALE 6 N/A N/A $310,397 N/A 3.5% CLEVELAND 2 N/A N/A $300,000 N/A -2.9% MACLEAY ISLAND ~ 32 $33,500 11.7% $28,000 -3.4% -53.3% MOUNT COTTON 4 N/A N/A $262,000 4.8% 6.9% REDLAND BAY 17 $285,000 N/A $285,000 8.0% 7.5% RUSSELL ISLAND ~ 39 $20,000 0.0% $20,000 0.0% -55.6% THORNLANDS ~ 13 $299,000 8.7% $298,000 9.6% 20.2% WELLINGTON POINT 3 N/A N/A $353,738 7.2% 5.6% SURROUNDS LOCKYER VALLEY (LGA) 32 $100,000 0.0% $100,000 N/A -13.0% LOCKYER VALLEY (LGA) ^ 30 $127,500 2.0% $129,500 12.6% -1.9% LAIDLEY NORTH 25 $100,000 0.0% $100,000 0.0% N/A WITHCOTT ^ 6 N/A N/A $148,000 N/A N/A SCENIC RIM (LGA) 8 N/A N/A $179,500 0.0% -3.5% SCENIC RIM (LGA) ^ 12 N/A N/A $230,000 N/A 38.6% GLENEAGLE 4 N/A N/A $178,500 -0.6% 6.0% SOMERSET (LGA) 12 N/A N/A $135,000 0.0% 3.9% FERNVALE 8 N/A N/A $145,000 5.1% 10.3%
  • 15. BRISBANE MARKET UPDATES SEPTEMBER QUARTER 2014 15 RENTAL MARKET - 3 BED HOUSES (CONT’D) POST SEP-14 SEP-13 CODE LOCALITYL $/WEEK NEW BONDS $/WEEK NEW BONDS RENTAL MARKET - 2 BED UNITS RENTAL MARKET - 2 BED UNITS (CONT’D) POST SEP-14 SEP-13 CODE LOCALITYL $/WEEK NEW BONDS $/WEEK NEW BONDS 4509 MANGO HILL $380 78 $370 83 4510 BALINGOOL $285 162 $280 143 4511 GODWIN BEACH $335 28 $300 27 4514 BELLTHORPE $300 12 $300 28 4520 ARMSTRONG CREEK $450 8 $400 14 4521 CAMPBELLS POCKET $410 7 $340 12 REDLAND CITY $380 361 $380 383 4157 CAPALABA $400 30 $385 39 4158 THORNESIDE $360 9 $360 10 4159 AQUATIC PARADISE $395 25 $385 26 4160 EROBIN $390 39 $400 35 4161 ALEXANDRA HILLS $390 47 $390 54 4163 CLEVELAND $420 50 $410 34 4164 PINKLANDS $395 21 $410 13 4165 MOUNT COTTON $395 61 $400 85 4183 AMITY $310 6 $350 9 4184 COOCHIEMUDLO ISLAND $245 73 $240 78 LOCKYER VALLEY REGIONAL $270 116 $275 100 4341 BLENHEIM $270 41 $280 41 4342 CROWLEY VALE $270 18 $265 9 4343 ADARE $275 49 $265 39 4344 CARPENDALE $260 6 $290 8 SCENIC RIM REGIONAL $300 94 $300 153 4271 EAGLE HEIGHTS $380 7 $355 12 4272 MOUNT TAMBORINE $360 17 $380 25 4275 BENOBBLE $360 6 $375 8 4285 ALLENVIEW $290 36 $290 69 4309 ARATULA $245 8 $260 7 4310 ALLANDALE $265 13 $270 17 SOMERSET REGIONAL $280 63 $270 70 4311 ATKINSONS DAM $260 27 $270 26 4312 BRYDEN $280 13 $220 13 4515 GLENFERN $300 20 $285 19 IPSWICH CITY $250 171 $250 157 4300 AUGUSTINE HEIGHTS $250 35 $250 26 4301 COLLINGWOOD PARK $270 30 $250 27 4304 BLACKSTONE $245 29 $240 19 4305 BASIN POCKET $240 64 $240 78 4306 AMBERLEY $225 12 N.A. 3 LOGAN CITY $260 200 $260 209 4114 KINGSTON $260 58 $255 62 4127 CHATSWOOD HILLS $300 18 $330 17 4128 KIMBERLEY PARK $290 6 N.A. 3 4132 CRESTMEAD $260 8 $255 5 4133 CHAMBERS FLAT $250 11 $240 17 4207 ALBERTON $250 76 $250 70 4280 JIMBOOMBA $270 8 $265 12 MORETON BAY REGIONAL $270 527 $270 410 4019 CLONTARF $270 81 $270 68 4020 NEWPORT $290 80 $270 78 4021 KIPPA-RING $275 15 $280 7 4500 BRAY PARK $300 44 $285 27 4501 LAWNTON $280 17 $260 6 4503 DAKABIN $280 53 $285 33 4504 NARANGBA $217 7 N.A. 1 4505 BURPENGARY $230 9 $260 6 4506 MOORINA $250 13 $250 15 4507 BANKSIA BEACH $280 56 $255 53 4508 DECEPTION BAY $264 20 $240 18 4509 MANGO HILL $315 15 $315 15 4510 BALINGOOL $250 102 $250 72 REDLAND CITY $330 71 $330 65 4157 CAPALABA $325 13 $325 8 4158 THORNESIDE $305 7 N.A. 3 4163 CLEVELAND $368 34 $365 35 LOCKYER VALLEY REGIONAL $200 16 $210 24 4343 ADARE $225 11 $240 14 SCENIC RIM REGIONAL $220 30 $200 32 4272 MOUNT TAMBORINE $275 5 N.A. 2 4285 ALLENVIEW $210 20 $200 23 RENTAL MARKET - 3 BED TOWNHOUSES IPSWICH CITY $310 142 $305 105 4300 AUGUSTINE HEIGHTS $310 51 $335 33 4301 COLLINGWOOD PARK $310 25 $300 26 4304 BLACKSTONE $305 37 $305 18 4305 BASIN POCKET $305 28 $300 27 LOGAN CITY $335 432 $330 437 4114 KINGSTON $315 49 $325 54 4118 BROWNS PLAINS $350 47 $340 59 4119 UNDERWOOD $410 36 $315 31 4123 PRIESTS GULLY $340 8 $330 10 4127 CHATSWOOD HILLS $315 38 $315 37 4128 KIMBERLEY PARK $340 15 $320 9 4130 CARBROOK $375 6 N.A. 4 4131 LOGANLEA $350 23 $350 47 4132 CRESTMEAD $345 50 $330 43 4133 CHAMBERS FLAT $315 22 $300 10 4205 BETHANIA $340 31 $0 0 4207 ALBERTON $320 105 $310 130 MORETON BAY REGIONAL $335 513 $335 537 4019 CLONTARF $350 12 $350 14 4020 NEWPORT $340 12 $365 14 4021 KIPPA-RING $330 38 $330 53 4022 ROTHWELL $330 5 $310 5 4035 ALBANY CREEK $385 8 $380 13 4500 BRAY PARK $335 29 $335 64 4501 LAWNTON $330 11 $340 9 4502 FRENCHS FOREST $330 15 $276 20 4503 DAKABIN $340 174 $335 155 4504 NARANGBA $345 6 $330 21 4505 BURPENGARY $310 20 $310 21 4506 MOORINA $310 17 $310 17 4508 DECEPTION BAY $310 56 $310 50 4509 MANGO HILL $350 89 $345 64 4510 BALINGOOL $295 10 $290 9 4511 GODWIN BEACH $335 5 N.A. 4 REDLAND CITY $390 92 $385 83 4157 CAPALABA $360 19 $385 11 4158 THORNESIDE $390 12 $375 5 4160 EROBIN $395 8 $395 13 4163 CLEVELAND $435 32 $385 25 4165 MOUNT COTTON $395 13 $385 19 LOCKYER VALLEY REGIONAL N.A. 9 N.A. 3 4343 ADARE $290 8 N.A. 1
  • 16. REGIONAL MARKET UPDATES GOLD COAST The Gold Coast real estate market is firmly into a new growth phase as the city’s economy gathers strength on the back of major infrastructure projects and an improving tourism market. The light rail project linking Southport to Broadbeach has delivered an important boost to the tourist centre, with the Pacific Fair Shopping Centre upgrade and preparations for the 2018 Commonwealth Games also contributing to a more positive economic outlook. House sale volumes on the Gold Coast rose seven per cent in the three months to September, with unit sales also increasing by five per cent. During the same period, acreage sales were up four per cent. Houses are selling quicker on the Gold Coast, with average days on market down to 72 days in the September quarter, compared to 96 days 12 months earlier. Average vendor discounting on the Gold Coast Coast is also trending downwards, currently sitting at six per cent in September 2013, compared to 11.6 per cent in September 2004. HOUSE MARKET The northern rim of the Gold Coast is recording strong sales volumes, as are a number of hinterland suburbs. Both contributed to the region’s impressive rise in sales in the September quarter. Those to record the biggest increase in quarterly sales included Upper Coomera (116 per cent), Helensvale (63 per cent) and Robina (63 per cent). According to local agents this sales growth has been underpinned by job-creating developments in the region and a return of confidence in the tourism market. Despite rising sales volumes, median house prices on the Gold Coast eased 3.9 per cent to $495,000 in the three months to September. This is the result of higher sale volumes as the lower end of the market and a fall in the number of $500,000-plus sales. REIQ’S price point data confirms this, with the highest number of preliminary sales numbers recorded in the $350,000-plus bracket. Sales also rose slightly in the $250,000-plus price bracket. 16 QUEENSLAND MARKET MONITOR However, sale volumes in the $500,000-plus price bracket were down 5.8 per cent in the three months to September, with million-dollar plus sales also picking up on much smaller volumes. Some suburbs recorded impressive price growth over the quarter, however, such as Runaway Bay (40.1 per cent), Clear Island Waters (22.2 per cent), and Paradise Point (13.3 per cent). UNIT MARKET The Gold Coast unit and townhouse market recorded a five per cent increase in sale volumes in the three months to September. Median unit prices on the Gold Coast eased 2.9 per cent during this period to $340,000. While units priced up to $500,000 saw an increase in sales, volumes in the $500,000-plus price bracket were down. Local agents say there are still good opportunities in the high rise market, with many properties being quickly picked off by investors. In the past month, investor activity in the apartment/unit market has reportedly been very strong. Sales volumes were also up in the luxury end of the market, with 59 apartments priced upwards of $1 million changing hands, up from 36 in the June quarter. Suburbs to record strong price growth over the quarter included Coolangatta (25.7 per cent) and Coombabah (15.6 per cent). RENTAL MARKET According to the REIQ’s latest rental survey, rental conditions on the Gold Coast remain tight amid a shortage of supply. The Gold Coast recorded a vacancy rate of 1.9 per cent at the end of September, with median weekly rents remaining stable over the September quarter. Local agents say the higher rental yields available on the Gold Coast are attracting an increasing number of interstate investors. It’s hoped increased investor activity will add to the supply of available rental stock.
  • 17. 17 REGIONAL MARKET UPDATES SALES MARKET - UNITS & TOWNHOUSES SEPTEMBER QUARTER 2014 SUBURB NUMBER OF SALES MEDIAN SALE QTRLY CHANGE ANNUAL MEDIAN SALE 1YR CHANGE 5YR CHANGE SALES MARKET - HOUSES SUBURB NUMBER OF SALES MEDIAN SALE QTRLY CHANGE ANNUAL MEDIAN SALE 1YR CHANGE 5YR CHANGE GOLD COAST CITY (LGA) ~ 1,316 $495,000 -3.9% $500,000 5.5% 6.4% GOLD COAST CITY (LGA) ^ 129 $680,000 0.3% $670,000 4.7% 0.8% ARUNDEL 23 $460,000 -3.2% $470,000 1.1% 1.1% ASHMORE 27 $486,500 4.6% $480,000 11.0% 4.3% BENOWA 24 $700,000 -3.5% $700,000 3.7% 0.7% BIGGERA WATERS 21 $553,000 N/A $555,000 14.4% 7.2% BONOGIN ^ ~ 11 $656,000 11.2% $590,000 2.5% -4.8% BROADBEACH WATERS ~ 37 $777,500 -8.7% $810,000 13.3% -4.7% BUNDALL ~ f 20 $845,000 10.5% $775,000 7.3% -6.0% BURLEIGH HEADS 16 $651,250 2.2% $613,000 13.9% 13.5% BURLEIGH WATERS 46 $580,000 -6.8% $580,000 9.4% 6.7% CARRARA 27 $475,000 -2.1% $460,000 4.8% 4.5% CLEAR ISLAND WATERS ~ f 16 $977,500 22.2% $836,250 16.0% 1.2% COOMBABAH 28 $420,000 7.7% $399,500 1.1% -2.6% COOMERA 14 $369,000 -0.3% $362,500 2.1% -10.6% CURRUMBIN ~ f 3 N/A N/A $742,500 33.8% N/A CURRUMBIN WATERS ~ 15 $465,000 -7.9% $503,000 4.0% 5.9% ELANORA ~ 33 $485,000 -8.3% $515,000 7.3% 6.4% GILSTON 6 N/A N/A $468,750 N/A 0.3% HELENSVALE 70 $502,000 4.4% $480,000 7.1% 1.1% HIGHLAND PARK 19 $435,000 8.6% $425,000 4.9% 3.7% HOLLYWELL 7 N/A N/A $540,000 3.0% 5.4% HOPE ISLAND ~ f 15 $500,000 -14.3% $527,500 12.2% 5.5% JACOBS WELL 10 $407,500 N/A N/A N/A N/A LABRADOR 35 $415,000 -5.7% $430,000 11.7% 3.3% MAUDSLAND 7 N/A N/A $460,000 6.4% 8.2% MERMAID BEACH ~ f 14 $1,099,000 N/A $935,000 9.7% -11.8% MERMAID WATERS 37 $618,500 -6.3% $660,000 6.5% 6.5% MERRIMAC 11 $417,000 -1.9% $420,000 10.5% 3.1% MIAMI 13 $595,000 2.6% $580,000 13.4% 14.5% MOLENDINAR ~ 20 $502,500 -7.8% $500,000 6.4% 3.1% MUDGEERABA 41 $470,000 -2.7% $470,000 5.6% 6.8% MUDGEERABA ^ 2 N/A N/A $630,000 2.1% 0.8% NERANG 47 $380,500 4.2% $371,000 5.7% -1.1% NERANG ^ 8 N/A N/A $715,000 N/A -0.3% ORMEAU 51 $428,000 2.1% $418,000 4.0% -2.8% ORMEAU ^ 5 N/A N/A $617,500 -2.8% -0.1% ORMEAU HILLS 7 N/A N/A $446,000 -2.6% -2.0% OXENFORD 39 $423,500 3.9% $433,750 2.1% 2.8% PACIFIC PINES 44 $480,000 7.3% $457,000 1.1% 0.4% PALM BEACH 33 $570,000 -6.7% $560,000 8.7% 7.7% PARADISE POINT ~ f 34 $850,000 13.3% $806,000 -8.7% -1.4% PARKWOOD 16 $479,000 1.2% $486,000 8.0% 4.7% PIMPAMA 21 $451,500 N/A $390,000 -1.8% 1.8% REEDY CREEK 18 $595,000 -2.5% $617,000 0.0% -0.5% ROBINA 60 $565,000 1.1% $525,000 4.0% 1.9% RUNAWAY BAY ~ f 24 $895,000 40.1% $809,000 11.6% 6.4% SOUTHPORT 59 $470,000 2.2% $452,500 7.7% 1.7% SURFERS PARADISE ~ f 21 $1,175,000 5.0% $1,110,000 -2.2% -15.3% TALLAI ^ 17 $690,000 N/A $675,000 -5.2% 0.0% TALLEBUDGERA ^ 10 $697,500 3.7% $675,000 2.3% -6.3% TALLEBUDGERA VALLEY ^ 8 N/A N/A $750,000 N/A N/A TUGUN 26 $477,500 -6.8% $476,000 -5.0% 5.8% UPPER COOMERA 93 $400,000 -1.7% $398,000 3.4% -2.5% VARSITY LAKES ~ f 33 $510,000 10.0% $482,500 3.8% 6.0% WORONGARY 12 $401,500 N/A $409,000 8.1% 4.9% WORONGARY ^ 6 N/A N/A $642,500 11.7% 5.3% GOLD COAST CITY (LGA) 1,677 $340,000 -2.9% $355,000 4.4% -1.9% ARUNDEL 24 $308,500 4.6% $307,750 4.1% -2.3% ASHMORE 23 $287,000 2.5% $279,999 10.9% -7.3% BENOWA 13 $405,000 N/A $520,000 2.2% 13.0% BIGGERA WATERS 43 $330,000 1.5% $399,000 8.1% 10.4% BILINGA ~ 6 N/A N/A $445,000 29.0% -4.3% BROADBEACH ~ f 84 $418,000 -7.1% $437,500 -1.7% -3.8% BROADBEACH WATERS 13 $365,000 N/A $370,000 5.7% -11.9% BUNDALL ~ 15 $303,000 N/A $300,000 -20.0% -5.8% BURLEIGH HEADS 88 $390,500 -3.6% $390,000 8.3% -1.9% BURLEIGH WATERS 14 $332,500 3.9% $338,000 5.6% -5.8% CARRARA 29 $350,000 3.3% $390,000 -5.5% 4.0% CLEAR ISLAND WATERS ~ f 9 $382,000 -11.5% $458,625 2.1% 19.3% COOLANGATTA ~ f 37 $460,000 25.7% $390,000 0.0% -8.2% COOMBABAH ~ t 24 $358,500 15.6% $315,000 6.8% 0.0% COOMERA ~ t 17 $325,000 N/A $264,000 -45.0% -24.6% CURRUMBIN 10 $380,750 N/A $400,000 2.6% -8.7% CURRUMBIN WATERS 16 $292,500 -3.3% $300,000 4.5% -7.3% ELANORA 14 $320,000 7.6% $296,500 4.0% -6.2% HELENSVALE ~ f 18 $260,000 -21.1% $310,000 -4.6% -24.8% HIGHLAND PARK 8 N/A N/A $247,000 N/A -10.8% HOPE ISLAND ~ t 30 $370,000 -11.9% $390,000 25.8% -27.8% LABRADOR 82 $302,500 -4.6% $318,000 7.8% 1.0% MAIN BEACH 40 $520,000 -1.9% $555,000 0.9% -6.7% MAUDSLAND 4 N/A N/A $276,000 -7.4% 11.5% MERMAID BEACH ~ f 32 $373,000 -7.9% $352,500 10.0% -2.1% MERMAID WATERS 31 $312,000 -1.4% $315,000 7.3% 0.3% MERRIMAC 13 $310,000 9.2% $358,000 10.2% 15.5% MIAMI 45 $355,000 -2.7% $350,000 4.5% -5.4% MUDGEERABA ~ t 13 $285,000 -13.1% $317,450 -10.6% -5.8% NERANG 34 $250,000 -2.3% $272,750 5.5% -4.3% ORMEAU 8 N/A N/A $320,000 4.9% -9.2% OXENFORD 16 $300,750 2.8% $275,000 6.8% -4.3% PACIFIC PINES ~ t 22 $322,500 -11.6% $359,250 1.5% -1.6% PALM BEACH ~ 45 $325,000 -8.5% $350,000 8.4% -4.1% PARADISE POINT ~ * 26 $450,000 0.0% $485,500 -14.8% 0.6% PIMPAMA 9 N/A N/A $354,900 -8.5% 3.0% REEDY CREEK ~ t 22 $279,500 -8.4% $291,000 10.6% -2.7% ROBINA 47 $383,000 0.7% $403,750 -3.8% -6.1% RUNAWAY BAY ~ f 29 $355,000 -10.1% $430,000 -1.1% -0.6% SOUTHPORT 128 $303,000 1.8% $327,869 5.8% -9.4% SURFERS PARADISE 242 $325,000 -6.6% $340,000 -4.2% -6.3% TUGUN 16 $375,000 -0.7% $376,250 7.0% -11.7% UPPER COOMERA 19 $302,500 -0.8% $295,000 3.5% -13.7% VARSITY LAKES 68 $388,000 4.9% $388,000 7.0% -0.6% The Gold Coast real estate market is firmly into a new growth phase as the city’s economy gathers strength...
  • 18. REGIONAL MARKET UPDATES GOLD COAST CITY $360 2634 $350 2664 4210 OXENFORD $300 23 $295 21 4211 ADVANCETOWN $325 30 $295 36 4212 HELENSVALE $390 57 $415 63 4214 ARUNDEL $300 20 $250 14 4215 LABRADOR $350 573 $335 582 4216 PARADISE POINT $355 182 $345 216 4217 BENOWA $400 656 $390 642 4218 BROADBEACH $350 333 $350 367 4220 BURLEIGH HEADS $380 218 $360 217 4221 ELANORA $325 124 $300 141 4223 CURRUMBIN $370 34 $340 33 4224 TUGUN $340 46 $325 55 4225 BILINGA $330 142 $320 132 4226 CLEAR ISLAND WATERS $410 63 $400 45 4227 REEDY CREEK $360 124 $290 89 RENTAL BRISBANE SURROUNDS HOUSE SALES (p) INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND BRISBANE CITY LAND SALES (p) JUN 14 SEP 14 57 BRISBANE SURROUNDS LAND SALES (p) Includes IPSWICH, LOGAN, MORETON BAY & REDLAND JUN 14 SEP 14 GOLD COAST LAND SALES (p) JUN 14 SEP 14 <$250,000 (p) Preliminary. See Source: REIQ, data provided 18 QUEENSLAND MARKET MONITOR <$350,000 $350,000+ TOOWOOMBA 294 HOUSE SALES JUN 14 SEP 14 184 296 208 (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. <$350,000 $350,000+ FRASER TOOWOOMBA LAND SALES (p) JUN 14 SEP 14 BRISBANE CITY HOUSE SALES (p) JUN 14 SEP 14 1900 185 COAST HOUSE SALES JUN 14 SEP 14 41 194 46 24 57 (p) Preliminary. See Source: REIQ, data provided (p) Preliminary. Source: REIQ, LAND BRISBANE CITY UNIT SALES (p) 363 JUN 14 SEP 14 860 454 384 875 508 62 45 54 (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. <$250,000 $250,000+ $350,000+ $500,000+ $1m+ JUN 14 SEP 14 (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. GOLD COAST HOUSE SALES (p) JUN 14 SEP 14 516 57 197 <$350,000 $350,000+ BUNDABERG FRASER COAST LAND SALES (p) BRISBANE SURROUNDS UNIT SALES (p) INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND JUN 14 SEP 14 260 JUN 14 SEP 14 111 46 5 62 260 282 132 51 5 3 0 0 0 <$250,000 $250,000+ $350,000+ <$250,000 $250,000+ $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. SUNSHINE COAST & NOOSA HOUSE SALES (p) 273 BUNDABERG LAND SALES (p) <$350,000 $350,000+ GLADSTONE GOLD COAST UNIT SALES (p) JUN 14 SEP 14 520 JUN 14 SEP 14 451 290 36 296 560 457 276 59 <$250,000 $250,000+ $350,000+ $500,000+ $1m+ JUN 14 SEP 14 (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. SUNSHINE COAST & NOOSA UNIT SALES (p) 197 JUN 14 SEP 14 203 194 <$250,000 ROCKHAMPTON <$250,000 (p) Preliminary. See Source: REIQ, data 52 (p) Preliminary. Source: REIQ, <$HOUSE SALES JUN 14 SEP 14 21 <$(p) Preliminary. Source: REIQ, HOUSE SALES (JUN 14 SEP 14 <$43 40 40 49 29 31 24 <$250,000 $250,000+ $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 379 71 36 3 341 59 22 9 <$250,000 $250,000+ $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 88 33 8 16 102 28 10 10 <$250,000 $250,000+ $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 71 SUNSHINE COAST & NOOSA LAND SALES (p) JUN 14 SEP 14 40 1 0 49 2 0 <$250,000 $250,000+ $350,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 16 GLADSTONE LAND SALES (p) JUN 14 SEP 14 41 2 2 60 3 4 <$250,000 $250,000+ $350,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 84 MARKET - 3 BED HOUSES POST SEP-14 SEP-13 CODE LOCALITYL $/WEEK NEW BONDS $/WEEK NEW BONDS RENTAL MARKET - 2 BED UNITS POST SEP-14 SEP-13 CODE LOCALITYL $/WEEK NEW BONDS $/WEEK NEW BONDS RENTAL MARKET - 3 BED TOWNHOUSES SALES MARKET - VACANT LAND SUBURB NUMBER OF SALES MEDIAN SALE QTRLY CHANGE ANNUAL MEDIAN SALE 1YR CHANGE 5YR CHANGE GOLD COAST CITY $430 941 $410 1047 4208 BURNSIDE $380 21 $370 27 4209 COOMERA $385 115 $370 101 4210 OXENFORD $430 17 $380 27 4211 ADVANCETOWN $410 101 $385 124 4212 HELENSVALE $490 59 $400 54 4213 BONOGIN $440 35 $430 53 4214 ARUNDEL $420 93 $410 100 4215 LABRADOR $410 98 $380 117 4216 PARADISE POINT $430 51 $420 74 4217 BENOWA $530 50 $520 67 4218 BROADBEACH $500 60 $480 64 4220 BURLEIGH HEADS $470 60 $470 55 4221 ELANORA $470 47 $420 42 4223 CURRUMBIN $500 25 $450 26 4224 TUGUN $400 11 $415 15 4225 BILINGA $420 8 N.A. 3 4226 CLEAR ISLAND WATERS $460 55 $450 63 4227 REEDY CREEK $450 33 $435 30 GOLD COAST CITY $385 1133 $375 1183 4208 BURNSIDE $360 12 $365 11 4209 COOMERA $360 159 $350 161 4210 OXENFORD $360 18 $360 13 4211 ADVANCETOWN $370 192 $360 205 4212 HELENSVALE $430 35 $445 37 4213 BONOGIN $380 42 $365 38 4214 ARUNDEL $380 33 $365 36 4215 LABRADOR $380 125 $370 132 4216 PARADISE POINT $380 86 $370 105 4217 BENOWA $440 42 $450 64 4218 BROADBEACH $450 34 $455 30 4220 BURLEIGH HEADS $390 26 $390 43 4221 ELANORA $390 32 $400 25 4223 CURRUMBIN $400 12 $400 15 4224 TUGUN $430 19 $430 27 4225 BILINGA $470 5 N.A. 3 4226 CLEAR ISLAND WATERS $440 176 $425 166 4227 REEDY CREEK $420 81 $410 68 HOUSES 166 770 1840 784 161 235 274 <$350,000 $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 1154 1157 472 18 1272 1256 480 21 <$350,000 $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 65 480 548 575 66 84 101 <$350,000 $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 79 440 346 37 76 443 373 43 <$350,000 $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 139 41 182 39 (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 43 55 48 59 (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. GOLD COAST CITY (LGA) 150 $234,000 -0.4% $230,000 0.2% -0.6% GOLD COAST CITY (LGA) ^ 7 N/A N/A $360,000 4.3% -9.3% COOMERA 38 $228,000 1.3% $225,000 -0.2% -6.0% GILSTON 0 N/A N/A $253,000 3.7% 14.8% HELENSVALE * f 4 N/A N/A $500,000 N/A 86.2% ORMEAU 7 N/A N/A $220,000 -2.2% 0.0% ORMEAU HILLS 9 N/A N/A $214,900 2.4% N/A OXENFORD 7 N/A N/A $235,000 N/A 3.5% PIMPAMA 17 $220,000 0.7% $219,500 -2.0% -0.2% REEDY CREEK ~ 9 N/A N/A $320,000 12.3% 9.4% UPPER COOMERA 32 $232,500 -2.1% $229,500 2.5% 2.0% WILLOW VALE 2 N/A N/A $205,000 3.9% N/A
  • 19. TOOWOOMBA HOUSE SALES (p) JUN 14 SEP 14 (p) Preliminary. Source: REIQ, Toowoomba’s p) Preliminary. Source: REIQ, 294 FRASER COAST HOUSE SALES (p) TOOWOOMBA UNIT SALES (p) JUN 14 SEP 14 p) Preliminary. Source: REIQ, (JUN 14 SEP 14 (p) Preliminary. Source: REIQ, 185 (p) Preliminary. Source: REIQ, 43 FRASER COAST UNIT SALES (p) TOOWOOMBA LAND SALES (p) JUN 14 SEP 14 (p) Preliminary. Source: REIQ, <$JUN 14 SEP 14 (p) Preliminary. Source: REIQ, 21 p) Preliminary. Source: REIQ, 24 (p) Preliminary. Source: REIQ, <$19 REGIONAL MARKET UPDATES 41 BUNDABERG HOUSE SALES (p) JUN 14 SEP 14 GLADSTONE HOUSE SALES (p) BUNDABERG UNIT SALES (p) JUN 14 SEP 14 FRASER COAST LAND SALES (p) JUN 14 SEP 14 3 0 0 0 <$250,000 $250,000+ $350,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. GLADSTONE UNIT SALES (p) BUNDABERG LAND SALES (p) JUN 14 SEP 14 6 SEPTEMBER QUARTER 2014 TOOWOOMBA HOUSES 166 BRISBANE CITY HOUSE SALES (p) JUN 14 SEP 14 770 1840 784 1900 161 235 274 <$350,000 $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. BRISBANE SURROUNDS HOUSE SALES (p) INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND BRISBANE CITY UNIT SALES (p) JUN 14 SEP 14 1154 1157 JUN 14 SEP 14 875 472 18 1272 1256 508 480 21 384 <$350,000 $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 65 GOLD COAST HOUSE SALES (p) BRISBANE SURROUNDS UNIT SALES (p) BRISBANE CITY LAND SALES (p) INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND JUN 14 SEP 14 480 JUN 14 SEP 14 548 575 516 JUN 14 SEP 14 57 49 66 84 101 <$350,000 $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 79 SUNSHINE COAST & NOOSA HOUSE SALES (p) GOLD COAST UNIT SALES (p) BRISBANE SURROUNDS LAND SALES (p) JUN 14 SEP 14 440 JUN 14 SEP 14 Includes IPSWICH, LOGAN, MORETON BAY & REDLAND JUN 14 SEP 14 346 37 76 443 373 43 <$350,000 $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 139 41 9 182 39 7 <$350,000 $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 14 194 46 6 <$350,000 $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 43 JUN 14 SEP 14 55 18 48 59 14 57 62 <$350,000 $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. (p) Preliminary. Source: REIQ, (184 60 296 208 56 <$350,000 $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. UNITS 57 363 860 454 62 45 54 <$250,000 $250,000+ $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 197 260 111 46 5 260 282 132 51 5 <$250,000 $250,000+ $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 273 520 451 290 36 296 560 457 276 59 <$250,000 $250,000+ $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 105 SUNSHINE COAST & NOOSA UNIT SALES (p) GOLD COAST LAND SALES (p) 197 JUN 14 SEP 14 JUN 14 SEP 14 177 105 27 108 203 194 112 21 <$250,000 $250,000+ $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 9 8 2 2 19 10 4 0 <$250,000 $250,000+ $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. <$15 4 3 21 12 6 0 <$250,000 $250,000+ $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. JUN 14 SEP 14 6 6 6 4 3 3 3 <$250,000 $250,000+ $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. <$36 18 7 38 62 14 5 <$250,000 $250,000+ $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. LAND 43 40 40 29 31 24 <$250,000 $250,000+ $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 379 71 36 3 341 59 22 9 <$250,000 $250,000+ $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 88 33 8 16 102 28 10 10 <$250,000 $250,000+ $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 71 SUNSHINE COAST & NOOSA LAND SALES (p) 35 21 10 46 21 15 JUN 14 SEP 14 40 1 0 49 2 0 <$250,000 $250,000+ $350,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 16 14 GLADSTONE LAND SALES (p) JUN 14 SEP 14 (p) Preliminary. Source: REIQ, (2 2 60 3 4 <$250,000 $250,000+ $350,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. property market continues to perform strongly, with sales activity still trending upwards. However local agents say moving into the Christmas period is typically a quieter time of year. As it moves out of the construction phase, the local mining sector in the Surat Basin is expected to see a drop off in growth of around two-to-three per cent, with a resultant easing in employment. However the region is still well supported by numerous other major developments currently underway and due to begin in 2015, such as the much anticipated Second Range Crossing going to tender in early 2015. Moving into 2015, local agents expect more of the same, with an equally high level of confidence seen throughout 2014. HOUSE MARKET Over the September quarter, preliminary house sales numbers continued to trend upwards for the fifth consecutive quarter. Toowoomba sales were up four per cent, while the median house price was up one per cent. Over the year to September, Toowoomba’s median house price was up 7.2 per cent compared to a year ago and an impressive 24.1 per cent compared to five years ago. Sales activity was up predominantly in the $350,000- plus price bracket, however local agents say that good results have been recorded at the prestige end. One property reportedly changed hands for more than $2 million recently. According to local agents, confidence in Toowoomba remains high thanks to the ongoing economic development in the region. This is despite the easing in employment in the mining sector and the drought which is beginning to affect some of the retailers in Toowoomba. UNIT MARKET Toowoomba’s unit market also performed well over the quarter with sales volumes up 21 per cent compared to the previous quarter. Local agents say investor activity has seen a number of new unit and townhouse developments come onto the market. However this level of activity from investors is starting to wane, with many believing the unit market is nearing over supply. Despite strong activity at the affordable end of the market, the median unit price in Toowoomba increased 2.5 per cent over the quarter, and 8.5 per cent over the year to September. The strongest increase in activity was seen in the $250,000-plus price point, which nearly doubled over the quarter. All other price points saw a slight drop off in activity. RENTAL MARKET In Toowoomba, the rental market continues to remain tight; however it was one of the few regions to record a slight easing in its vacancy, up 0.1 percentage points to 1.6 per cent. Local agents say that Toowoomba’s “healthy” rate of vacancy sits around the two per cent mark, which the region has stayed below for all but two periods since June 2008. As such, median weekly rents from the RTA continue to remain stable or record steady growth. Toowoomba’s property market continues to perform strongly, with sales activity still trending upwards.
  • 20. REGIONAL MARKET UPDATES SALES MARKET - UNITS & TOWNHOUSES 20 QUEENSLAND MARKET MONITOR SALES MARKET - VACANT LAND SUBURB NUMBER OF SALES MEDIAN SALE RENTAL MARKET - 2 BED UNITS QTRLY CHANGE RENTAL MARKET - 3 BED TOWNHOUSES ANNUAL MEDIAN SALE 1YR CHANGE 5YR CHANGE SALES MARKET - HOUSES SUBURB NUMBER OF SALES MEDIAN SALE QTRLY CHANGE ANNUAL MEDIAN SALE 1YR CHANGE 5YR CHANGE RENTAL MARKET - 3 BED HOUSES POST SEP-14 SEP-13 CODE LOCALITYL $/WEEK NEW BONDS $/WEEK NEW BONDS TOOWOOMBA (LGA) 126 $279,000 2.5% $280,000 8.5% 21.7% CENTENARY HEIGHTS 9 N/A N/A $304,500 -4.8% 29.6% EAST TOOWOOMBA ~ 11 $278,500 29.5% $268,000 9.4% 27.6% HARRISTOWN 10 $109,000 N/A $227,000 -8.8% 9.7% KEARNEYS SPRING 17 $291,500 8.6% $285,000 3.6% 18.9% NEWTOWN 15 $256,500 2.2% $252,250 7.3% 16.5% RANGEVILLE 7 N/A N/A $315,000 0.0% 12.5% SOUTH TOOWOOMBA * t 7 N/A N/A $310,000 29.7% 44.2% TOOWOOMBA CITY * 9 N/A N/A $244,188 N/A 22.6% WILSONTON 7 N/A N/A $251,250 5.6% 8.5% SURROUNDS WESTERN DOWNS (LGA) * t 5 N/A N/A $385,000 23.2% N/A CHINCHILLA * t 2 N/A N/A $367,000 -0.5% N/A TOOWOOMBA (LGA) ~ 67 $156,500 -2.7% $159,950 3.2% 36.1% TOOWOOMBA (LGA) ^ 17 $200,000 11.1% $180,000 20.0% 17.6% CAMBOOYA 8 N/A N/A $115,000 N/A N/A CRANLEY 1 N/A N/A $158,950 4.2% N/A GLENVALE ~ 10 $169,950 N/A $169,950 6.2% 36.0% GOWRIE JUNCTION ^ 6 N/A N/A $174,500 11.1% 15.9% KLEINTON 1 N/A N/A $157,500 4.8% 22.6% MIDDLE RIDGE ~ * 1 N/A N/A $289,750 40.0% 76.7% WESTBROOK ~ * 11 $155,500 N/A $158,500 3.4% 51.0% SURROUNDS SOUTHERN DOWNS (LGA) ~ 14 N/A N/A $72,250 N/A -15.7% WESTERN DOWNS (LGA) ~ * - N/A N/A $145,000 -6.4% 40.8% CHINCHILLA * 0 N/A N/A $150,000 3.4% 57.9% TOOWOOMBA REGIONAL $300 588 $295 654 4350 KEARNEYS SPRING $305 445 $300 525 4352 AMIENS $325 18 $310 28 4354 DOUGLAS $265 7 N.A. 4 4355 ANDURAMBA $265 15 $260 7 4356 PITTSWORTH $270 23 $270 17 4357 BRINGALILY $245 11 $250 7 4361 BACK PLAINS $220 9 $225 6 4400 KINGSTHORPE $260 6 N.A. 4 4401 ACLAND $275 42 $270 41 GOONDIWINDI REGIONAL $280 37 $275 51 4387 BRUSH CREEK $200 7 $230 9 4390 BILLA BILLA $300 26 $300 33 SOUTHERN DOWNS REGIONAL $255 140 $240 179 4362 ALLORA $275 9 $260 9 4370 ALLAN $260 71 $250 100 4373 KILLARNEY $250 5 $200 5 4380 AMIENS $250 45 $240 56 WESTERN DOWNS REGIONAL $300 154 $350 129 4405 BLAXLAND $280 68 $320 61 4410 JANDOWAE $220 5 $230 5 4413 BAKING BOARD $315 52 $440 45 4415 MILES $375 14 $550 9 4419 COCKATOO $350 5 N.A. 1 4421 GORANBA $240 6 $240 6 TOOWOOMBA REGIONAL $240 359 $235 356 4350 KEARNEYS SPRING $245 325 $240 340 4352 AMIENS $264 7 N.A. 1 4357 BRINGALILY $200 5 N.A. 1 4401 ACLAND $210 13 $205 9 GOONDIWINDI REGIONAL $190 23 $180 20 4390 BILLA BILLA $200 21 $180 19 SOUTHERN DOWNS REGIONAL $195 61 $200 58 4370 ALLAN $200 43 $200 40 4380 AMIENS $180 16 $200 16 WESTERN DOWNS REGIONAL $250 54 $250 35 4405 BLAXLAND $205 31 $230 18 4413 BAKING BOARD $300 19 $380 10 TOOWOOMBA REGIONAL $295 22 $275 25 4350 KEARNEYS SPRING $295 22 $275 25 SOUTHERN DOWNS REGIONAL N.A. 11 N.A. 1 4370 ALLAN $250 7 N.A. 1 WESTERN DOWNS REGIONAL N.A. 10 N.A. 8 4413 BAKING BOARD $300 7 $475 7 TOOWOOMBA (LGA) 574 $339,500 1.0% $335,000 7.2% 24.1% TOOWOOMBA (LGA) ^ 103 $448,500 -5.6% $485,000 7.8% 22.2% CENTENARY HEIGHTS 35 $349,500 2.0% $350,000 7.4% 23.0% CROWS NEST 9 N/A N/A $237,000 -4.0% 5.3% DARLING HEIGHTS 20 $349,500 2.2% $335,000 6.7% 20.5% EAST TOOWOOMBA ~ 24 $400,750 -8.3% $415,000 9.2% 17.1% GLENVALE 16 $378,750 3.3% $355,000 5.7% 16.4% HARLAXTON 5 N/A N/A $253,750 -3.0% 15.6% HARRISTOWN 40 $320,500 7.4% $310,200 12.8% 26.1% HIGHFIELDS 9 N/A N/A $457,500 1.7% 13.0% HIGHFIELDS ^ 20 $499,500 -6.6% $520,000 10.6% 18.2% KEARNEYS SPRING ~ 34 $375,000 -9.1% $360,000 4.5% 22.9% KINGSTHORPE 5 N/A N/A $301,000 7.5% 20.4% KLEINTON ~ 12 $476,250 -8.1% $480,000 9.2% N/A MERINGANDAN WEST 2 N/A N/A $387,000 9.8% 17.3% MERINGANDAN WEST ^ 9 N/A N/A $345,000 N/A 12.7% MIDDLE RIDGE ^ 1 N/A N/A $740,000 N/A N/A MIDDLE RIDGE ~ 30 $469,000 -9.3% $470,000 2.6% 14.4% MOUNT LOFTY ~ 8 N/A N/A $410,000 18.9% 31.2% NEWTOWN 62 $290,000 -0.2% $290,000 9.4% 21.5% NORTH TOOWOOMBA ~ 22 $301,000 -7.7% $300,000 10.1% 27.7% OAKEY 14 $216,250 -0.1% $220,000 2.3% 11.0% PITTSWORTH ~ 15 $275,750 -13.8% $279,000 1.0% 4.7% RANGEVILLE 50 $406,000 1.5% $392,250 2.7% 10.2% ROCKVILLE ~ 19 $287,500 -5.7% $285,000 16.3% 19.2% SOUTH TOOWOOMBA ~ 27 $342,000 10.3% $325,000 13.2% 30.0% TOOWOOMBA CITY 10 $322,750 4.1% $322,000 3.5% 26.3% WESTBROOK 15 $432,500 -0.3% $435,250 5.5% 17.6% WILSONTON 31 $313,000 -5.7% $312,000 14.5% 22.4% WILSONTON HEIGHTS ~ 18 $300,000 7.1% $293,750 10.8% 26.9% WYREEMA 8 N/A N/A $322,500 N/A 7.1% SURROUNDS GOONDIWINDI (LGA) ~ 9 $248,000 10.2% $245,000 21.7% 2.1% GOONDIWINDI 7 N/A N/A $272,500 1.7% -2.2% SOUTHERN DOWNS (LGA) 68 $242,500 -3.8% $250,000 8.7% 8.7% SOUTHERN DOWNS (LGA) ^ 30 $275,000 -9.8% $320,000 12.9% 0.9% STANTHORPE 15 $210,000 N/A $235,000 3.8% 7.3% WARWICK 35 $270,000 6.1% $260,000 6.1% 8.3% WESTERN DOWNS (LGA) ~ 31 $280,000 23.3% $279,000 -7.0% 15.3% WESTERN DOWNS (LGA) ^ 22 $317,500 -5.9% $368,750 -11.9% 20.9% CHINCHILLA ~ 11 $335,000 N/A $350,000 -6.7% 30.8% DALBY ^ 7 N/A N/A $430,000 -6.9% 8.2% DALBY ~ 15 $278,000 18.6% $264,500 5.8% 3.7%