Queensland Market Monitor - March Quarter 2015

your state-wide property research guide suburb by suburb
REIQ
QUEENSLANDMARKETMONITORISSUE26
MARQTR2015
>p2
QMM STATE-WIDE COMMENTARY
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SUSTAINABLE
GROWTH AND
STABILISATION
Over the first quarter of 2015, Queensland’s residential
property markets largely continued the trends established
in late 2014.
Those areas where improvements have been consistent,
continued to show solid results and the areas where the
market has been flat or struggling now look to be finding
their feet.
Integral to all regions have been major infrastructure
projects, which have provided much-needed economic
stimulation and underpinned recovery.
The Gold Coast sales activity will quieten heading into the
winter months but the lift in construction and tourism
industries provided some buoyancy in the first quarter of
2015. The same can be said for the Sunshine Coast and
Cairns, with all three regions recording continued solid
results.
Investor activity did increase across the state, however
it was not as pronounced in some regions as many had
anticipated. Australian Bureau of Statistics figures reveal
dwellings financed for investment purposes were at a
five-year high.

2 QUEENSLAND MARKET MONITOR
REIQ RESEARCH EXPLANATORY NOTES
SALES MARKET 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
at the time of reporting 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 comprising the LGA’s of
Brisbane City, Ipswich City, Logan City, Moreton Bay
Regional and Redland City
Sunshine
Coast (SD)
Sunshine Coast Region comprising the LGA's of
Sunshine Coast Regional and Noosa.
# 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
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
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: REIQ, data supplied by CoreLogic RP Data (www.corelogic.com.au)
PRICE POINT GRAPHS
All data contained within these graphs represent
preliminary sales numbers and are subject to revision as
additional sales records become available.
The data excludes any recent sales transactions where the
contract sale price was not disclosed.
The intention of these graphs is to gauge trends in
sales activity between periods in lieu of actual final
sales results.
Source: REIQ, data obtained from CoreLogic RPData
Data report date: 13 May 2015 Published date: 9 June 2015
GROSS RENTAL YIELDS
House yields are based upon REIQ median house prices
and RTA median weekly rent for three bedroom houses.
Unit yields are based upon REIQ median unit &
townhouse sale prices and RTA median weekly rent for
two bedroom 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.
Only LGAs with a minimum sample size of 10 per cent
(based upon number of bonds held by the RTA) are
reported on.
N/A
Due to insufficient information received no vacancy rate
has been calculated
Source: REIQ Residential Rental Survey
RENTAL MARKET 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)

3
STATE-WIDE SUMMARY
MARCH QUARTER 2015
FALLING
STABILISINGRECOVERING
RISING
BRISBANE HOUSE MARKETS
March Quarter 2015
Source: REIQ
Brisbane
↑Moreton Bay
Redland
Logan
Ipswich
FALLING
RISING
QUEENSLAND HOUSE MARKETS
March Quarter 2015
Source: REIQ
↑Toowoomba
Brisbane SD
↑Cairns
Gold Coast
Sunsine Coast
Fraser Coast
Gladstone
Townsville Rockhampton
Bundaberg Mackay
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
TABLE OF CONTENTS
REIQ
STATE-WIDE
SUMMARY CONTINUED
Queensland’s
residential
property
markets
largely
continued
the trends
established in
late 2014
The downturn in regional centres hasn’t been good news for
some, however it has represented opportunity for first home
buyers.
On the Fraser Coast, where the local council offers its own
incentive scheme, first-home buyer activity is said to be
strong. Major centres such as Mackay, Rockhampton and
Gladstone are seeing a pick-up in activity where affordable
house prices combined with low interest rates are helping
many first home buyers make the decision to move from
renting to buying.
ABS figures for the March quarter also show an
improvement in first home buyer finance, however levels
still remain well below the long-term trend.
HOUSE MARKET
The metropolitan Brisbane house market continues to
lead the way with the shortest days on market and lowest
vendor discounting.
However, Toowoomba has now taken over the Greater
Brisbane region as the state’s fastest selling major
regional centre.
Toowoomba’s sales activity may be levelling off for the
moment, however, the garden city’s local economy is
likely to continue to improve thanks to a diverse range of
industries underpinning the local economy. And when the
economy does well, real estate activity does well.
With a lift in activity at the affordable end of the market,
median sale prices were down somewhat across the
Greater Brisbane region, with Brisbane’s median price
falling below $600,000. After the surge in prestige sales
over the December quarter, it came as no surprise that the
affordable market would steal the spotlight for Brisbane
this quarter.
On the Gold and Sunshine coasts sales activity was
relatively stable with steady growth in their respective
median house prices. Both regions recorded increases
of above six per cent in their annual median house price,
indicating prices are beginning to lift.
The state’s resource centres are starting to see a light at
the end of the tunnel with Gladstone, Rockhampton and
Mackay agents reporting stable conditions and hints of lift
in sales activity.

STATE-WIDE SUMMARY
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 $475,000 -1.5% -5% $393,000 2.1% 9% $217,000 0.5% 10%
BRISBANE $580,000 -3.3% ~ -8% $424,500 1.4% 5% $335,000 -2.9% 23%
IPSWICH $315,500 -1.4% 7% $261,250 8.9% * t 3% $178,000 1.5% 19%
LOGAN $350,000 -1.1% -4% $228,000 -5.0% ~ * 11% $210,000 6.3% * 11%
MORETON BAY $395,000 0.0% -4% $305,000 -0.8% 22% $214,800 -3.9% * -18%
REDLAND $472,500 -1.4% -2% $389,000 15.1% * t 45% $38,000 8.6% * 39%
TOURISM CENTRES
GOLD COAST $531,500 2.2% 0% $355,000 1.4% 28% $232,000 -0.4% -26%
SUNSHINE COAST REGION $498,400 2.8% -2% $355,000 1.4% 12% $250,000 -3.5% 0%
SUNSHINE COAST $489,000 1.5% -3% $348,000 -0.4% 16% $239,500 -1.1% -7%
NOOSA $565,000 8.7% ~ f 3% $385,000 2.7% -7% $365,500 -16.5% * f 33%
FRASER COAST $285,500 0.2% 21% $242,000 -10.4% ~ f 38% $140,000 12.0% ~ 13%
CAIRNS $390,000 0.0% -1% $219,500 5.5% ~ -15% $190,500 -8.0% ~ -18%
REGIONAL CENTRES
BUNDABERG $283,000 2.9% 6% $231,500 -12.6% ~ f 3% $145,000 5.5% 66%
GLADSTONE $379,500 6.5% ~ -8% $236,000 -3.5% -32% $175,000 -12.7% ~ -23%
MACKAY $385,000 4.1% ~ 18% $250,000 -31.5% ~ f 70% $195,000 -4.2% ~ 19%
ROCKHAMPTON $300,000 2.0% 4% $310,000 -11.4% * f -6% $170,000 41.1% ~ * -5%
TOOWOOMBA $354,000 1.1% -11% $291,500 8.5% * t 24% $186,500 20.3% ~ * 38%
TOWNSVILLE $350,000 -0.7% -9% $272,500 -6.0% ~ 30% $165,000 -1.2% -51%
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 SD 7.1% 66 -5.7% 7.6% 73 -5.1%
BRISBANE 6.7% 57 -5.6% 6.8% 63 -4.7%
IPSWICH 7.4% 82 -6.6% 10.6% 112 -7.3%
LOGAN 7.4% 76 -5.7% 10.7% 97 -6.1%
MORETON BAY 7.4% 71 -5.3% 9.4% 100 -5.8%
REDLAND 8.6% 71 -5.8% 9.8% 89 -5.3%
TOURISM CENTRES
GOLD COAST 8.0% 72 -6.0% 9.6% 91 -6.5%
SUNSHINE COAST SD 9.3% 87 -5.9% 10.1% 105 -6.5%
FRASER COAST 9.9% 109 -7.8% 13.3% 104 -5.9%
CAIRNS 7.3% 65 -5.8% 8.7% 86 -7.3%
REGIONAL QLD
BUNDABERG 9.0% 99 -8.0% 11.3% 152 -8.5%
GLADSTONE 7.8% 113 -9.9% 6.7% 125 -13.6%
MACKAY 7.4% 103 -10.5% 7.9% 146 -13.7%
ROCKHAMPTON 8.4% 97 -8.9% 8.2% 111 -8.0%
TOOWOOMBA 8.5% 63 -4.7% 8.2% 69 -4.4%
TOWNSVILLE 7.3% 91 -8.0% 10.7% 123 -9.4%
"All figures are for the 12months ending February 2015
SD - Statistical Division: Brisbane SD (Brisbane, Ipswich,
Logan, Moreton Bay & Redland); Sunshine Coast SD
(Sunshine Coast & Noosa)
Due to low volume of sales, % changes should be used with caution.
While there is still a long way to go before the market
picks up again, local agents in each region feel a corner
has been turned.
Local council efforts in Mackay and Gladstone are also
aiming to diversify their respective industries knowing
it will help scaffold the future growth of their regions. In
Rockhampton the improving beef industry is giving the
region a much-needed confidence boost.
UNIT MARKET
While the house market took a breather in many parts
of the state, a number of unit and townhouse markets
recorded increased sales activity.
Most notably Greater Brisbane’s Logan, Moreton Bay and
Redland City recorded strengthening sales activity, as did
the Gold and Sunshine coasts.
In regional areas Townsville was a standout performer,
however, this may be more of an indication of investors off-
loading their properties and being unable to wait out the
current downturn. As a result a shift in property prices is
occurring, and a similar trend is being seen in Gladstone.
The consequence of this is that median sale prices in
a number of regional centres have eased and average
vendor discounting rates have increased.
Although the unit market in Cairns has struggled on the
back of high insurance and body corporate fees, local
agents report renewed investor interest, namely at the
affordable end of the market, which bodes well for the
region.

5
STATE-WIDE SUMMARY
MARCH QUARTER 2015
FOR FULL ON THE MARKET AND RENTAL MARKET STATISTICS
BY LOCAL GOVERNMENT AREA, SEE PAGE 37-39
VACANCY RATES
LGA/REGION' AS AT 31-MAR-15 TREND
GREATER BRISBANE
BRISBANE SD 2.2% STEADY
BRISBANE CITY 2.5% DOWN
IPSWICH CITY 2.4% STEADY
LOGAN CITY 2.1% STEADY
MORETON BAY 1.3% STEADY
REDLAND CITY 2.4% UP
TOURISM CENTRES
GOLD COAST CITY 1.3% DOWN
SUNSHINE COAST REGION 1.7% UP
SUNSHINE COAST 1.9% UP
NOOSA 1.0% STEADY
FRASER COAST 2.3% UP
CAIRNS 2.4% STEADY
REGIONAL QLD
BUNDABERG 4.1% STEADY
GLADSTONE 3.8% DOWN
MACKAY# 9.4% DOWN
ROCKHAMPTON 4.4% DOWN
TOOWOOMBA 3.2% UP
TOWNSVILLE 5.9% UP
See page 39 for full vacancy rate data
* change greater than $20 (rents) or 0.5 pts (yields)
NB Trend for rents are over year; while trend for yields
are over the quarter
RENTAL TRENDS^ MEDIAN WEEKLY RENT GROSS RENTAL YIELDS
LGA 3-BED HOUSE 2-BED FLAT 3-BED TOWNHOUSE HOUSES UNITS
GREATER BRISBANE
BRISBANE CITY $420 UP $400 UP $405 STEADY 3.9% UP 5.0% STEADY
IPSWICH CITY $300 STEADY $255 UP $310 STEADY 4.9% STEADY 5.2% DOWN
LOGAN CITY $340 STEADY $260 STEADY $335 UP 5.2% UP 6.2% UP
MORETON BAY $340 UP $280 UP $340 UP 4.6% STEADY 4.8% STEADY
REDLAND CITY $390 UP $340 UP $390 UP 4.3% STEADY 4.3% DOWN*
TOURISM CENTRES
GOLD COAST CITY $440 UP* $370 UP $395 UP 4.3% STEADY 5.4% STEADY
SUNSHINE COAST $410 UP* $325 UP $400 UP* 4.5% STEADY 5.1% UP
NOOSA $430 UP* $375 UP* $500 UP* 4.0% DOWN 4.9% DOWN
FRASER COAST $285 UP $245 UP* $310 STEADY 4.8% DOWN 6.9% UP*
CAIRNS $360 UP* $280 STEADY $350 STEADY 5.1% UP 5.2% DOWN*
REGIONAL QLD
BUNDABERG $285 UP $225 UP $280 DOWN* 5.1% DOWN 5.2% UP*
GLADSTONE $300 DOWN* $250 DOWN* $360 DOWN* 4.1% DOWN 4.5% DOWN*
MACKAY $320 DOWN* $245 DOWN* $350 DOWN* 4.3% DOWN 4.8% UP*
ROCKHAMPTON $295 DOWN* $230 DOWN* $345 DOWN* 5.2% STEADY 3.9% UP
TOOWOOMBA $310 UP* $250 UP $300 DOWN* 4.6% STEADY 4.5% DOWN
TOWNSVILLE CITY $320 DOWN* $280 STEADY $340 DOWN 4.9% UP 5.2% UP
RENTAL MARKET
Regional Queensland’s vacancy rates are incrementally
improving, while the southeast corner - the Gold Coast,
Brisbane and the Sunshine Coast - powers on with
healthy-to-tight market ratings.
Good news for investors as at the end of March 2015
with a small drop recorded in vacancy rates in Mackay,
Gladstone and Rockhampton.
Likewise, investors on the Sunshine Coast, Gold Coast and
Brisbane continued to enjoy tight vacancy rates, ensuring
the best opportunity for return on investment.
On the Gold and Sunshine coasts continued tight
conditions in rentals are due to two groups of investors
at work – those who are selling to owner occupiers,
thus reducing rental stock, and those who are buying
properties which then adds to rental stock. The net effect
of this activity is that vacancy rates remain static.
In Brisbane local agents say first home buyers are
beginning to become more active, contributing to a
softening of rental demand as they leave the rental
market for their first mortgage. Investors are also
becoming increasingly more active adding to supply
and we anticipate that we will start to see a softening of
Brisbane’s rental market over the rest of the year.

BRISBANE MARKET UPDATES
HOUSE PRICEPOINTS
1,078
1,234
571
22
1,079
1,276
540
19
<$350,000 $350,000+ $500,000+ $1m+
BRISBANE SURROUNDS HOUSE SALES (p)
DEC 14 MAR 15
INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND
667
GOLD COAST HOUSE SALES (p)
DEC 14 MAR 15
159 157
BUNDABERG HOUSE SALES (p)
DEC 14 MAR 15
202
60
6
227
70
13
<$350,000 $350,000+ $500,000+
FRASER COAST HOUSE SALES (p)
DEC 14 MAR 15
222
64
<$
142
<$3
ROCK
130
788
1,922
332
129
753
1,840
247
<$350,000 $350,000+ $500,000+ $1m+
BRISBANE CITY HOUSE SALES (p)
DEC 14 MAR 15
271
200
87
239
196
70
<$350,000 $350,000+ $500,000+
TOOWOOMBA HOUSE SALES (p)
DEC 14 MAR 15
UNIT PRICEPOINTS
47
310
770
427
4755
342
811
468
49
<$250,000 $250,000+ $350,000+ $500,000+ $1m+
BRISBANE CITY UNIT SALES (p)
DEC 14 MAR 15
BRISBANE SURROUNDS UNIT SALES (p)
DEC 14 MAR 15
FRASER COAST UNIT SALES (p)
DEC 14 MAR 15
9
23
<$250,00
ROCK
28
40
10
4
36
52
14
4
<$250,000 $250,000+ $350,000+ $500,000+
TOOWOOMBA UNIT SALES (p)
DEC 14 MAR 15
BRISBANE
CITY
The biggest news in this market is the drop in Brisbane’s
median house price to below $600,000 – to $580,000 – after
a brief flirtation of just one quarter at this benchmark.
The small drop, of 3.3 per cent, is largely due to flatter
activity in the prestige market following a robust final
quarter of 2014.
The first quarter of the year is historically a quieter time for
sales activity and that held true in 2015 with total house
sales activity down eight per cent.
The long-term trend in sales volumes however remains
strong with activity up on the same time last year. This
steady growth in sales volumes bodes well for property
buyers in the state’s capital city, as price growth has
remained in check.
Brisbane’s rental market remains healthy with vacancy
rates at the end of March down since the end of 2014.
Concerns of an oversupply in the inner city rental market
may be eased with new data from the Residential Tenancies
Authority pointing toward demand keeping relatively apace
of supply.
HOUSE MARKET
Over the quarter, Brisbane’s median house price was
down 3.3 per cent on the back of a drop in activity most
notably in the upper end of the market. Sales in the
$500,000 and $1 million-plus price points recorded larger
drops in preliminary numbers than was seen in the more
affordable price points.
However, figures for the year ending March 2015 clearly
show that Brisbane’s house prices are starting to lift, with
the median house price up 7.2 per cent compared to the
previous year.
The proportion of profit-making sales also continues to
trend upwards with 92 per cent of vendors in Brisbane
over the year to February achieving a sale price higher
than what they originally paid.
Along with improving days on market and vendor
discounting rates, listing numbers have also now vastly
improved as more vendors recognise that now is the time
sell. Particularly for up-graders as any price increase
they may make on the sale of their current home will also
mean paying a higher price for their next home purchase.
In line with general trends during an upswing in the
market, it’s the inner city suburbs that are taking the lead
in terms of median price growth. The likes of Highgate
Hill, Teneriffe and Balmoral top the list with more than 30
per cent growth in the median house price compared to
five years ago.
UNIT MARKET
While the house market took a breather over the quarter,
unit and townhouse sales were up, with both inner and
outer ring suburbs performing well. Inner suburbs of
Kangaroo Point, Morningside, Indooroopilly and St Lucia
all saw an increase in buyer activity while Chermside and
Eight Mile Plains both recorded 11 more preliminary unit
sales compared with the previous quarter.
Time on market also continues to improve for Brisbane’s
unit and townhouse market. Unit listings are spending
on average two weeks fewer on the market compared
with a year ago, while vendors now only have to drop their
original list price by an average 4.7 per cent.
Buyer activity was also most prominent in the $350,000-
plus price point, up 41 sales compared to the December
quarter, as was the $500,000-plus price point. This
combined with steady sales in the prestige market saw
the overall median unit and townhouse price increase 1.4
per cent over the quarter.
RENTAL MARKET
At the end of March, Brisbane City recorded a vacancy
rate of 2.5 per cent, with both the inner and outer suburbs
recording a drop compared to the end of December.
According to local agents, the outer ring suburbs are
receiving increased tenant demand from those being
priced out of the inner suburbs or simply wanting to get
more for their money.
The continued supply of new apartments in the inner city
remains a concern however REIQ analysis of approximate
new dwelling counts from against the increase in total
bonds held by the RTA show that tenant demand is there.
Local agents in the inner Brisbane area also say that
minimising vacancy levels is paramount to the viability of
the residential letting agency business managing each
new apartment. Good relationship management with their
new landlords, coupled with offering rental incentives to
prospective tenants, is said to contribute significantly to
keeping vacancy levels low.

7MARCH QUARTER 2015
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 (LGA) ~ 3091 $580,000 -3.3% $587,000 7.2% 15.1%
BRISBANE (LGA) ^ 71 $975,000 2.6% $980,000 12.0% 8.9%
ACACIA RIDGE 18 $351,250 3.3% $347,500 10.3% 3.7%
ALBION 3 N/A N/A $702,500 4.2% 22.8%
ALDERLEY 13 $668,000 -6.0% $697,500 7.3% 19.0%
ALGESTER 31 $462,000 4.0% $462,000 10.0% 11.3%
ANNERLEY 21 $650,000 0.4% $660,000 10.5% 20.5%
ASCOT ~ 13 $1,496,000 20.6% $1,352,500 20.0% 17.6%
ASHGROVE 26 $836,000 -0.5% $812,500 3.9% 22.2%
ASPLEY 47 $531,250 2.2% $534,000 9.5% 15.3%
AUCHENFLOWER 8 N/A N/A $907,100 10.8% 16.3%
BALD HILLS 16 $387,500 -5.9% $385,000 3.4% -1.1%
BALMORAL ~ 26 $975,000 2.1% $950,000 11.4% 31.5%
BANYO 23 $427,500 -3.9% $430,000 1.2% 4.2%
BARDON 31 $810,000 0.2% $839,000 14.3% 14.9%
BELLBOWRIE 14 $455,000 9.6% $452,500 0.6% -1.6%
BELMONT 14 $595,000 2.9% $583,500 6.5% 2.4%
BOONDALL 32 $450,000 5.4% $428,750 2.6% 3.3%
BRACKEN RIDGE 61 $442,500 1.7% $425,000 2.4% 2.7%
BRIDGEMAN DOWNS 21 $735,000 5.4% $700,000 4.5% 4.5%
BRIGHTON 37 $413,500 -13.9% $441,000 7.6% 10.7%
BROOKFIELD ^ 3 N/A N/A $1,269,000 N/A N/A
BULIMBA ~ 18 $1,265,000 17.7% $1,075,000 9.7% 27.2%
CALAMVALE 38 $570,000 -1.0% $570,000 7.3% 15.2%
CAMP HILL ~ 42 $711,000 -8.0% $733,750 7.1% 20.3%
CANNON HILL ~ 18 $597,500 -9.8% $660,000 10.9% 28.2%
CARINA 27 $578,500 5.2% $563,500 8.4% 17.4%
CARINA HEIGHTS ~ 11 $635,000 14.0% $605,500 5.2% 16.6%
CARINDALE 37 $700,000 -4.8% $702,500 2.6% 4.1%
CARSELDINE 34 $552,500 -9.8% $567,250 9.1% 8.7%
CHAPEL HILL 45 $688,000 -0.6% $688,000 6.2% 8.5%
CHELMER ~ 4 N/A N/A $1,037,500 29.7% 16.6%
CHERMSIDE ~ 10 $480,000 -2.4% $573,500 18.2% 25.9%
CHERMSIDE WEST ~ 20 $522,500 1.0% $520,000 17.1% 14.7%
CLAYFIELD 32 $1,032,000 8.3% $907,500 11.7% 5.2%
COOPERS PLAINS 16 $508,194 10.5% $482,000 3.7% 14.8%
COORPAROO 32 $735,000 -6.4% $747,500 10.4% 14.1%
CORINDA ~ 16 $691,250 7.2% $650,000 18.2% 11.6%
DARRA 7 N/A N/A $342,500 7.0% -0.7%
DEAGON 10 $405,000 9.5% $410,500 10.9% 7.5%
DOOLANDELLA 6 N/A N/A $425,000 3.4% 21.4%
DREWVALE 16 $535,000 9.5% $500,000 9.9% 5.3%
DURACK 14 $383,500 -5.3% $375,000 10.3% 5.6%
EAST BRISBANE 13 $802,750 12.3% $751,000 13.2% 13.1%
EIGHT MILE PLAINS 22 $750,000 7.9% $671,900 6.8% 14.9%
ENOGGERA 18 $740,000 N/A $620,000 11.0% 21.9%
EVERTON PARK 26 $533,000 4.9% $519,000 3.6% 15.0%
FAIRFIELD ~ 7 N/A N/A $700,000 26.1% 17.6%
FERNY GROVE 11 $515,500 -0.9% $520,000 -3.7% 6.9%
FIG TREE POCKET 11 $825,000 3.4% $825,000 3.1% 3.3%
FITZGIBBON 14 $422,500 -4.2% $426,500 7.0% 4.0%
FOREST LAKE 103 $400,000 3.1% $398,000 2.7% 2.1%
GAYTHORNE ~ 9 N/A N/A $650,000 19.3% 13.8%
GEEBUNG 8 N/A N/A $465,000 6.9% 8.1%
GORDON PARK ~ 15 $694,000 -15.1% $710,000 9.7% 24.6%
GRACEVILLE ~ f 14 $735,000 -32.6% $725,000 0.8% 14.2%
GRANGE 16 $680,000 -13.8% $770,000 13.4% 4.8%
GREENSLOPES ~ 22 $728,500 17.5% $645,000 9.3% 16.2%
HAMILTON ~ 14 $985,000 -27.2% $1,123,000 -5.8% -1.5%
HAWTHORNE ~ 23 $1,155,000 7.4% $1,090,000 14.1% 28.3%
HEATHWOOD 7 N/A N/A $532,000 -6.4% 0.9%
HEMMANT 5 N/A N/A $420,000 9.8% -1.2%
HENDRA ~ 22 $723,500 -15.9% $830,000 9.2% 7.4%
HIGHGATE HILL ~ 10 $1,100,000 8.9% $1,085,000 35.6% 41.6%
HOLLAND PARK 35 $637,000 -3.5% $630,000 13.5% 21.7%
HOLLAND PARK WEST 25 $634,250 4.7% $605,125 8.6% 15.3%
INALA 47 $318,000 3.4% $310,000 10.1% 5.1%
INDOOROOPILLY 24 $822,500 6.5% $790,000 9.7% 25.4%
JAMBOREE HEIGHTS 18 $425,000 N/A $447,000 6.2% 5.2%
JINDALEE 28 $531,250 6.5% $500,000 7.5% 8.0%
KANGAROO POINT 4 N/A N/A $767,250 2.0% 16.7%
KARANA DOWNS 7 N/A N/A $382,500 -2.5% -9.0%
KARANA DOWNS ^ 4 N/A N/A $486,500 9.3% -3.7%
KEDRON 28 $627,500 3.1% $625,000 7.8% 26.3%
KELVIN GROVE 15 $750,000 7.8% $710,000 8.0% 14.2%
KENMORE 35 $577,500 2.2% $576,250 1.1% 10.8%
KEPERRA 30 $463,500 -0.3% $462,000 10.4% 7.4%
KURABY 15 $596,000 4.0% $578,250 2.8% 7.9%
LOTA ~ 25 $530,000 -23.2% $550,000 0.5% 17.6%
LUTWYCHE ~ 10 $950,000 30.1% $740,000 N/A 28.1%
MACGREGOR 12 $602,500 -10.5% $634,000 6.4% 24.3%
MACKENZIE 4 N/A N/A $690,500 7.1% 10.5%
MANLY 23 $760,000 -3.8% $695,000 9.8% 3.9%
MANLY WEST 53 $510,000 -6.8% $522,000 8.8% 7.6%
MANSFIELD 22 $528,000 -4.0% $551,625 6.1% 10.4%
MCDOWALL 29 $575,000 -7.3% $595,000 6.8% 10.2%
MIDDLE PARK 11 $562,000 8.0% $540,001 5.7% 6.3%
MITCHELTON 36 $550,000 -5.2% $565,000 5.6% 14.6%
MOGGILL 18 $527,500 N/A $502,500 -0.1% 7.8%
MOOROOKA 18 $505,000 -8.8% $552,500 7.3% 15.1%
MORNINGSIDE ~ 29 $755,000 19.4% $644,500 4.2% 13.2%
MOUNT GRAVATT 10 $652,250 12.7% $566,250 1.6% 17.0%
MOUNT GRAVATT EAST 43 $547,500 -2.2% $557,000 8.2% 19.8%
MURARRIE ~ * 11 $575,000 -3.4% $575,000 21.0% 23.7%
NEW FARM ~ 12 $1,326,250 6.1% $1,300,000 10.1% 28.1%
NEWMARKET ~ 14 $630,000 -17.7% $742,500 7.6% 12.5%
NORMAN PARK ~ 17 $915,000 18.4% $780,000 14.0% 17.3%
NORTHGATE 15 $678,000 4.3% $620,000 12.7% 19.2%
NUDGEE ~ 5 N/A N/A $569,000 17.3% 20.7%
NUNDAH ~ 20 $560,000 -22.2% $665,000 8.0% 17.7%
OXLEY 25 $501,650 -4.6% $500,000 9.9% 13.6%
PADDINGTON ~ 21 $800,000 -10.9% $880,000 -1.0% 20.6%
PARKINSON 37 $575,500 -1.3% $582,000 7.9% 16.9%
PULLENVALE ^ 8 N/A N/A $940,000 1.3% -3.1%
RED HILL ~ 10 $866,000 14.7% $775,000 9.3% 13.1%
RICHLANDS 2 N/A N/A $401,500 N/A -4.7%
RIVERHILLS 16 $463,750 10.4% $445,000 5.0% 6.2%
ROBERTSON 6 N/A N/A $734,440 2.4% 11.9%
ROCKLEA ~ 9 N/A N/A $370,000 14.7% -2.6%
RUNCORN 39 $480,050 -10.9% $501,400 11.9% 18.5%
SALISBURY 21 $513,000 0.6% $503,000 8.2% 16.3%
SANDGATE 16 $540,000 6.6% $530,000 0.4% 6.0%
SEVEN HILLS 7 N/A N/A $678,750 9.6% 17.0%
SEVENTEEN MILE ROCKS 9 N/A N/A $577,500 -2.2% 16.4%
SHERWOOD ~ 13 $935,500 11.0% $840,000 15.5% 23.9%
SHORNCLIFFE 7 N/A N/A $721,000 -1.9% 9.9%
SINNAMON PARK 11 $577,500 -11.8% $620,000 7.8% 2.5%
SPRING HILL ~ 2 N/A N/A $900,000 N/A 26.8%
ST LUCIA ~ 12 $1,138,000 18.4% $1,077,500 12.1% 17.1%
STAFFORD 22 $542,000 0.7% $542,000 11.8% 19.9%
STAFFORD HEIGHTS 27 $538,000 2.5% $517,000 4.2% 12.4%
STRETTON 15 $740,000 -5.3% $747,500 13.3% 15.0%
SUNNYBANK ~ 35 $570,500 -17.5% $632,750 8.7% 24.1%
SUNNYBANK HILLS 49 $590,500 3.6% $586,000 9.8% 20.8%
TAIGUM 12 $480,000 N/A $480,000 12.9% 6.7%
TARINGA 19 $695,000 -13.2% $750,000 0.0% -3.4%
TARRAGINDI 38 $653,614 -3.9% $645,500 12.3% 17.4%
TENERIFFE ~ 3 N/A N/A $1,559,000 N/A 35.6%
THE GAP 53 $610,000 2.8% $585,000 2.6% 10.8%
TINGALPA 35 $465,000 1.5% $465,000 5.6% 8.1%
TOOWONG ~ 23 $700,000 -20.5% $775,000 9.8% 14.0%
UPPER KEDRON 20 $548,750 -6.2% $560,000 3.2% 3.8%
UPPER MOUNT GRAVATT 27 $550,000 3.8% $550,000 9.9% 20.9%
VIRGINIA ~ 10 $597,500 12.9% $529,500 17.7% 19.9%
WAKERLEY 39 $680,000 -13.9% $700,000 5.4% 20.7%
WAVELL HEIGHTS 57 $630,750 6.0% $619,000 14.6% 24.9%
WEST END ~ 9 N/A N/A $952,500 4.7% 29.7%
WESTLAKE 11 $682,500 12.5% $610,000 -2.8% 4.3%

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
SUBURB
NUMBER
OF SALES
MEDIAN
SALE
QTRLY
CHANGE
ANNUAL
MEDIAN
SALE
1YR
CHANGE
5YR
CHANGE
BRISBANE (LGA) 1769 $424,500 1.4% $424,000 3.4% 6.5%
ACACIA RIDGE * t 11 $348,000 0.0% $348,000 N/A N/A
ALBION 13 $370,000 N/A $414,500 -1.8% -3.6%
ALDERLEY ~ 12 $425,000 -20.2% $478,000 9.3% 33.1%
ALGESTER 9 N/A N/A $315,000 5.2% -7.4%
ANNERLEY 19 $371,000 -11.7% $420,000 5.5% 10.8%
ASCOT ~ 24 $419,000 -16.2% $435,000 11.6% 10.5%
ASHGROVE 11 $442,500 9.3% $497,500 18.3% 24.4%
ASPLEY 5 N/A N/A $387,500 4.4% 3.3%
AUCHENFLOWER 17 $447,500 9.1% $455,000 -5.5% 5.8%
BALMORAL 5 N/A N/A $505,500 3.7% 15.9%
BANYO 4 N/A N/A $503,250 N/A 1.8%
BARDON 11 $640,000 N/A $605,000 14.2% 2.5%
BOONDALL 1 N/A N/A $394,000 2.3% N/A
BOWEN HILLS ~ 16 $499,000 20.2% $421,875 1.2% 1.1%
BRACKEN RIDGE 9 N/A N/A $321,500 N/A -9.4%
BRISBANE CITY 111 $485,500 -1.3% $490,000 1.0% 11.4%
BULIMBA 29 $525,000 -2.3% $560,000 -2.6% 0.9%
CALAMVALE 31 $382,750 1.5% $378,900 5.0% 5.7%
CAMP HILL 5 N/A N/A $457,500 6.9% 22.0%
CARINA 21 $410,000 -8.8% $445,000 4.7% 5.0%
CARINA HEIGHTS 9 N/A N/A $459,000 5.5% 2.6%
CARINDALE ~ t 4 N/A N/A $507,500 26.7% -2.9%
CARSELDINE 10 $393,250 2.9% $393,250 7.2% 9.2%
CHERMSIDE 37 $404,000 -1.5% $400,979 -1.0% -3.4%
CLAYFIELD 41 $389,000 4.0% $392,000 3.2% 6.8%
COOPERS PLAINS 6 N/A N/A $404,000 -3.4% N/A
COORPAROO 41 $388,000 -0.1% $385,000 0.7% 3.5%
EAST BRISBANE 14 $425,000 -6.2% $430,000 5.8% -2.2%
EIGHT MILE PLAINS 28 $395,000 0.9% $389,500 4.9% 5.3%
ENOGGERA 3 N/A N/A $390,000 -6.0% 3.3%
EVERTON PARK 14 $389,000 -1.5% $425,000 11.8% 17.4%
FAIRFIELD ~ f 2 N/A N/A $432,000 26.1% N/A
FORTITUDE VALLEY * 57 $438,000 -10.6% $480,000 14.8% 15.7%
GAYTHORNE 8 N/A N/A $440,000 7.3% 10.6%
GORDON PARK 13 $409,000 N/A $370,000 -1.6% 2.8%
GREENSLOPES 25 $345,000 4.9% $359,000 -1.6% -3.0%
HAMILTON 23 $492,000 -8.9% $542,500 7.4% 19.0%
HAWTHORNE 6 N/A N/A $550,000 15.8% 27.2%
HIGHGATE HILL 13 $527,500 -5.8% $510,000 -7.1% 21.9%
HOLLAND PARK WEST 9 N/A N/A $380,000 3.8% N/A
INDOOROOPILLY 28 $417,500 -3.1% $432,250 1.8% -2.9%
KANGAROO POINT f 52 $486,000 -13.4% $490,000 -3.5% 2.1%
KEDRON ~ * t 11 $355,750 -25.5% $414,500 19.4% 21.9%
KELVIN GROVE * 23 $480,000 7.9% $460,000 -6.1% 6.5%
WILSTON 12 $865,000 -6.5% $862,000 9.3% 5.1%
WINDSOR ~ 19 $675,000 -14.6% $726,000 4.8% 10.9%
WISHART 30 $620,888 0.1% $587,500 7.2% 11.9%
WOOLLOONGABBA 10 $718,750 -3.7% $670,000 11.6% 15.5%
WOOLOOWIN ~ 14 $937,500 36.9% $699,000 -11.0% 6.7%
WYNNUM ~ 48 $620,000 3.3% $585,550 14.8% 18.9%
WYNNUM WEST 47 $454,000 -2.7% $475,000 5.8% 5.6%
YERONGA 11 $740,000 -5.1% $715,000 10.4% 5.9%
ZILLMERE 29 $430,000 4.9% $409,500 7.3% 7.8%
KENMORE 8 N/A N/A $515,000 N/A N/A
LUTWYCHE 18 $392,000 -8.8% $402,500 1.6% 10.3%
MANLY WEST 8 N/A N/A $370,000 8.0% -5.0%
MILTON 7 N/A N/A $491,500 19.3% -11.3%
MOOROOKA ~ 12 $379,500 19.3% $380,000 2.2% 5.0%
MORNINGSIDE 50 $434,500 -5.8% $467,750 3.7% 7.5%
MOUNT GRAVATT 5 N/A N/A $443,000 N/A N/A
MOUNT GRAVATT EAST 18 $381,500 0.9% $392,500 -5.3% 6.7%
NEW FARM 51 $566,000 7.1% $568,600 7.3% 16.0%
NEWMARKET 6 N/A N/A $445,000 0.2% 11.9%
NEWSTEAD 14 $652,500 -13.0% $730,100 -4.6% 43.2%
NORMAN PARK 2 N/A N/A $521,000 13.3% 12.9%
NORTHGATE 5 N/A N/A $409,000 17.0% 12.8%
NUNDAH * 64 $391,000 4.3% $383,373 -7.6% -8.7%
PADDINGTON 9 N/A N/A $454,901 -2.1% -0.2%
RED HILL 9 N/A N/A $447,500 11.9% 28.8%
RICHLANDS 2 N/A N/A $351,900 4.7% 6.6%
RUNCORN 23 $323,000 -0.6% $329,500 -0.2% -2.9%
SANDGATE 2 N/A N/A $455,000 N/A N/A
SHERWOOD 8 N/A N/A $465,000 6.1% 2.2%
SINNAMON PARK 6 N/A N/A $460,000 N/A N/A
SOUTH BRISBANE * 39 $472,750 0.6% $475,000 0.0% 13.8%
SPRING HILL 33 $430,000 -1.2% $423,500 17.0% 8.6%
ST LUCIA 42 $450,000 -8.0% $482,500 -1.5% 4.9%
STAFFORD 9 N/A N/A $395,000 0.0% 5.3%
SUNNYBANK HILLS 18 $365,500 N/A $363,000 13.4% 0.0%
TAIGUM * t 13 $298,000 -4.8% $378,000 20.0% 5.0%
TARINGA 41 $450,000 3.0% $435,000 8.3% 5.7%
TENERIFFE ~ 41 $565,000 13.8% $595,000 0.4% 9.2%
THE GAP 8 N/A N/A $450,000 0.2% 8.4%
TINGALPA 8 N/A N/A $355,000 8.8% 2.9%
TOOWONG 47 $415,000 -3.2% $435,000 0.5% 0.0%
UPPER MOUNT GRAVATT ~ * 9 N/A N/A $450,000 25.5% 19.4%
WAKERLEY 7 N/A N/A $415,000 -4.0% N/A
WAVELL HEIGHTS 6 N/A N/A $440,000 18.9% -3.3%
WEST END * 31 $531,104 -1.6% $545,000 6.7% -0.9%
WILSTON 3 N/A N/A $437,500 N/A -4.9%
WINDSOR 17 $425,000 -7.6% $426,250 -5.3% 17.1%
WISHART 6 N/A N/A $380,000 5.6% 7.0%
WOOLLOONGABBA 5 N/A N/A $400,000 0.0% -5.9%
WOOLOOWIN 2 N/A N/A $361,250 -2.4% -1.0%
WYNNUM 10 $377,000 3.3% $370,000 1.4% 0.0%
WYNNUM WEST 12 $327,000 N/A $336,750 -9.8% 2.0%
YEERONGPILLY 1 N/A N/A $422,000 N/A -3.0%
YERONGA 17 $391,000 -1.0% $445,500 9.9% 11.4%
ZILLMERE 23 $353,500 5.5% $365,000 3.8% 2.8%
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We invite you to experience the difference with us today.
CALL US ON 1300 664 715
or visit agents.directconnect.com.au

9MARCH QUARTER 2015
RENTAL MARKET - 3 BED HOUSES (CONT’D)
POST MAR-15 MAR-14
CODE LOCALITYL
$/WEEK NEW BONDS $/WEEK NEW BONDS
RENTAL MARKET - 3 BED HOUSES
POST MAR-15 MAR-14
CODE LOCALITYL
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 (LGA) 123 $335,000 -2.9% $330,000 11.9% 17.9%
BRISBANE (LGA) ^ 8 N/A N/A $675,000 -2.2% 38.0%
BRIDGEMAN DOWNS 6 N/A N/A $360,500 -2.3% 0.7%
BRIGHTON 0 N/A N/A $278,000 -0.7% N/A
CARINDALE * 6 N/A N/A $480,000 N/A N/A
FITZGIBBON * ~ 11 $255,100 29.8% $214,900 53.5% -2.3%
HEATHWOOD 17 $268,000 N/A $268,000 1.1% 12.6%
KURABY 2 N/A N/A $334,500 N/A N/A
MOGGILL 1 N/A N/A $250,000 -5.7% 1.0%
RICHLANDS 4 N/A N/A $244,900 N/A 11.3%
ROCHEDALE * 9 N/A N/A $438,000 10.3% N/A
UPPER KEDRON 2 N/A N/A $318,000 7.8% 1.0%
WYNNUM 0 N/A N/A $330,000 N/A N/A
BRISBANE CITY $430 3126 $420 3234
BAYSIDE $425 147 $400 139
4178 WYNNUM $420 95 $400 92
4179 MANLY $430 52 $415 47
CITY INNER $550 309 $530 334
4000 BRISBANE CITY $600 22 $580 31
4005 NEW FARM $650 22 $795 18
4006 BOWEN HILLS $550 15 $500 20
4064 PADDINGTON $570 73 $550 63
4066 TOOWONG $515 58 $490 68
4067 ST LUCIA $500 25 $500 32
4101 WEST END $560 36 $580 35
4102 WOOLOONGABBA $510 19 $485 21
4169 EAST BRISBANE $500 39 $510 46
NORTH - INNER $460 334 $470 382
4007 ASCOT $550 26 $500 22
4010 ALBION $480 13 $470 6
4011 CLAYFIELD $500 40 $500 43
4012 NUNDAH $440 55 $420 68
4030 LUTWYCHE $480 57 $485 61
4031 GORDON PARK $450 46 $420 53
4051 ALDERLEY $465 95 $470 127
NORTH - OUTER $395 397 $390 393
4013 NORTHGATE $380 16 $385 18
4014 VIRGINIA $395 40 $390 45
4017 BRACKEN RIDGE $395 96 $400 107
4018 FITZGIBBON $380 25 $390 30
4032 CHERMSIDE $395 65 $400 58
4034 ASPLEY $400 133 $390 113
4036 BALD HILLS $380 22 $365 22
NORTH WEST - INNER $550 153 $520 131
4059 KELVIN GROVE $550 79 $530 58
4060 ASHGROVE $490 32 $490 35
4065 BARDON $530 42 $500 38
NORTH WEST - OUTER $430 262 $420 277
4053 STAFFORD $420 152 $420 177
4054 ARANA HILLS $430 68 $410 59
BRISBANE CITY $410 5725 $400 5408
BAYSIDE $350 37 $335 46
4178 WYNNUM $360 27 $350 36
4179 MANLY $345 10 $270 10
CITY INNER $490 2368 $480 2284
4000 BRISBANE CITY $600 339 $580 399
4005 NEW FARM $500 287 $500 299
4006 BOWEN HILLS $495 387 $490 284
4064 PADDINGTON $400 75 $410 82
4066 TOOWONG $410 314 $400 281
4067 ST LUCIA $430 259 $440 295
4101 WEST END $520 374 $510 340
4102 WOOLOONGABBA $480 80 $460 85
4169 EAST BRISBANE $470 251 $470 218
NORTH - INNER $370 1184 $360 1027
4007 ASCOT $420 198 $420 175
4010 ALBION $410 61 $385 27
4011 CLAYFIELD $350 156 $360 173
4012 NUNDAH $370 274 $370 200
4030 LUTWYCHE $375 196 $350 166
4031 GORDON PARK $340 104 $340 84
4051 ALDERLEY $360 195 $350 202
NORTH - OUTER $350 280 $350 266
4013 NORTHGATE $335 36 $295 28
4014 VIRGINIA $380 5 N.A. 4
4017 BRACKEN RIDGE $300 15 $295 18
4018 FITZGIBBON $335 8 $315 13
4032 CHERMSIDE $365 134 $360 111
4034 ASPLEY $340 82 $360 92
4061 THE GAP $460 42 $425 41
SOUTH - INNER $430 380 $420 384
4103 ANNERLEY $465 58 $450 60
4104 YERONGA $470 11 $450 20
4105 MOOROOKA $410 43 $405 52
4120 GREENSLOPES $450 30 $450 20
4121 HOLLAND PARK $430 81 $430 92
4122 MANSFIELD $400 153 $405 136
SOUTH - OUTER $390 298 $380 300
4106 ROCKLEA $360 10 $380 17
4107 SALISBURY $380 24 $370 15
4108 COOPERS PLAINS $400 23 $375 23
4109 MACGREGOR $395 102 $390 81
4110 ACACIA RIDGE $340 39 $345 54
4112 KURABY $370 7 $360 11
4113 EIGHT MILE PLAINS $395 47 $380 65
4115 ALGESTER $390 30 $410 17
4116 CALAMVALE $400 16 $415 17
SOUTH EAST - INNER $470 321 $460 314
4151 COORPAROO $455 58 $455 55
4152 CAMP HILL $450 113 $460 102
4170 CANNON HILL $485 96 $480 94
4171 BALMORAL $540 34 $560 43
4172 MURARRIE $425 20 $430 20
SOUTH EAST - OUTER $420 39 $400 47
4154 GUMDALE $480 7 $430 8
4173 TINGALPA $420 19 $400 25
4174 HEMANT $420 7 $400 8
SOUTH WEST - INNER $460 139 $450 169
4068 CHELMER $485 66 $480 79
4075 CORINDA $430 73 $430 90
SOUTH WEST - OUTER $365 347 $360 364
4069 BROOKFIELD $465 49 $445 50
4070 ANSTEAD $400 8 $385 10
4073 SEVENTEEN MILE ROCKS $425 22 $400 21
4074 JINDALEE $400 59 $400 67
4076 DARRA $340 34 $330 26
4077 DOOLANDELLA $320 68 $320 87
4078 FOREST LAKE $360 107 $355 103
LAND PRICEPOINTS
(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by CoreLogic RP Data.
19
31
36
14
18
47
35
23
<$250,000 $250,000+ $350,000+ $500,000+
BRISBANE CITY LAND SALES (p)
DEC 14 MAR 15
344
59
19 4
339
81
29
3
<$250,000 $250,000+ $350,000+ $500,000+
BRISBANE SURROUNDS LAND SALES (p)
DEC 14 MAR 15
Includes IPSWICH, LOGAN, MORETON BAY & REDLAND
91
36
9 9
73
17
9 8
<$250,000 $250,000+ $350,000+ $500,000+
GOLD COAST LAND SALES (p)
DEC 14 MAR 15
49
26
19
13
52
26
14 15
<$250,000 $250,000+ $350,000+ $500,000+
SUNSHINE COAST & NOOSA LAND SALES (p)
DEC 14 MAR 15
29
0 0
48
0 0
<$250,000 $250,000+ $350,000+
BUNDABERG LAND SALES (p)
DEC 14 MAR 15
69
<$
44
2 1
50
2 1
<$250,000 $250,000+ $350,000+
FRASER COAST LAND SALES (p)
DEC 14 MAR 15
20
2
0
15
0
2
<$250,000 $250,000+ $350,000+
GLADSTONE LAND SALES (p)
DEC 14 MAR 15
18
<$2
35
<$2
ROC
27
2 0
34
4 2
<$250,000 $250,000+ $350,000+
TOOWOOMBA LAND SALES (p)
DEC 14 MAR 15
83
<$2

RENTAL MARKET - 2 BED UNITS (CONT’D)
POST MAR-15 MAR-14
CODE LOCALITYL
RENTAL MARKET - 3 BED TOWNHOUSES
POST MAR-15 MAR-14
CODE LOCALITYL
DID YOU KNOW?
YOU CAN GET MEDIAN WEEKLY RENTS FOR OTHER PROPERTY TYPES ONLINE AT
WWW.RTA.QLD.GOV.AU
BRISBANE CITY $415 1896 $410 1859
BAYSIDE $400 63 $395 77
4178 WYNNUM $400 39 $400 36
4179 MANLY $410 24 $395 41
CITY INNER $580 97 $570 90
4005 NEW FARM $700 5 N.A. 3
4006 BOWEN HILLS $560 8 $520 13
4064 PADDINGTON $630 17 $600 10
4066 TOOWONG $535 20 $520 14
4067 ST LUCIA $600 26 $570 22
4101 WEST END $625 8 $660 10
4169 EAST BRISBANE $465 10 $570 8
NORTH - INNER $490 141 $490 139
4007 ASCOT $565 16 $580 14
4011 CLAYFIELD $600 13 $520 14
4012 NUNDAH $465 22 $450 20
4030 LUTWYCHE $500 16 $475 21
4031 GORDON PARK $450 26 $450 18
4051 ALDERLEY $485 44 $490 52
NORTH - OUTER $395 232 $390 195
4013 NORTHGATE $410 12 $410 15
4017 BRACKEN RIDGE $375 57 $365 36
4018 FITZGIBBON $395 58 $360 29
4032 CHERMSIDE $430 32 $430 36
4034 ASPLEY $395 61 $390 68
4036 BALD HILLS $286 10 $360 10
NORTH WEST - INNER $550 26 $500 29
4059 KELVIN GROVE $550 16 $500 18
4060 ASHGROVE $500 6 $490 7
NORTH WEST - OUTER $430 92 $420 49
4053 STAFFORD $430 77 $420 38
4054 ARANA HILLS $385 9 $385 10
4061 THE GAP $480 6 N.A. 1
SOUTH - INNER $435 185 $450 179
4103 ANNERLEY $500 32 $500 38
4104 YERONGA $450 22 $470 23
4105 MOOROOKA $440 29 $450 25
4120 GREENSLOPES $470 17 $510 25
4121 HOLLAND PARK $425 14 $450 5
4122 MANSFIELD $420 71 $420 62
SOUTH - OUTER $395 428 $390 458
4107 SALISBURY $480 15 $485 6
4109 MACGREGOR $410 81 $410 77
4110 ACACIA RIDGE $340 29 $340 56
4112 KURABY $375 34 $375 30
4113 EIGHT MILE PLAINS $410 150 $405 148
4115 ALGESTER $375 33 $385 46
4116 CALAMVALE $385 83 $385 92
SOUTH EAST - INNER $485 243 $480 259
4151 COORPAROO $500 19 $475 24
4152 CAMP HILL $450 117 $451 123
4170 CANNON HILL $500 68 $495 71
4171 BALMORAL $565 26 $610 29
4172 MURARRIE $500 13 $485 12
4153 BELMONT $430 11 $435 12
4154 GUMDALE $415 32 $410 49
4173 TINGALPA $390 15 $385 24
SOUTH WEST - INNER $465 107 $475 111
4068 CHELMER $530 43 $525 55
4075 CORINDA $400 64 $410 56
SOUTH WEST - OUTER $365 222 $350 186
4073 SEVENTEEN MILE ROCKS $420 9 $425 9
4074 JINDALEE $440 22 $455 17
4076 DARRA $375 37 N.A. 4
4077 DOOLANDELLA $355 120 $345 123
4078 FOREST LAKE $350 31 $360 29
NORTH WEST - INNER $455 279 $435 224
4059 KELVIN GROVE $500 202 $480 163
4060 ASHGROVE $410 65 $380 48
4065 BARDON $330 12 $310 13
NORTH WEST - OUTER $365 109 $380 97
4053 STAFFORD $365 108 $380 95
SOUTH - INNER $360 514 $360 504
4103 ANNERLEY $350 128 $350 134
4104 YERONGA $350 43 $350 45
4105 MOOROOKA $370 85 $350 61
4120 GREENSLOPES $360 110 $360 122
4121 HOLLAND PARK $340 39 $345 39
4122 MANSFIELD $395 105 $385 96
SOUTH - OUTER $315 82 $325 65
4106 ROCKLEA $295 5 $299 7
4109 MACGREGOR $380 42 $400 38
4113 EIGHT MILE PLAINS $395 8 N.A. 1
4115 ALGESTER $285 15 N.A. 3
SOUTH EAST - INNER $380 499 $375 440
4151 COORPAROO $360 200 $360 185
4152 CAMP HILL $370 60 $360 46
4170 CANNON HILL $400 122 $375 96
4171 BALMORAL $450 115 $425 109
4173 TINGALPA $325 7 $320 5
SOUTH WEST - INNER $390 349 $385 426
4068 CHELMER $390 298 $385 358
4075 CORINDA $390 51 $365 68
SOUTH WEST - OUTER $330 17 $335 23
4069 BROOKFIELD $330 7 $395 5
4078 FOREST LAKE $340 7 $340 12
The long-term trend in
sales volumes however
remains strong with
activity up on the same
time last year.

11MARCH QUARTER 2015
GREATER
BRISBANE
FALLING
RISING
BRISBANE HOUSE MARKETS
March Quarter 2015
Source: REIQ
Brisbane
↑Moreton Bay
Redland
Logan
Ipswich
FALLING
RISING
QUEENSLAND HOUSE MARKETS
March Quarter 2015
Source: REIQ
↑Toowoomba
Brisbane SD
↑Cairns
Gold Coast
Sunsine Coast
Fraser Coast
Gladstone
Townsville Rockhampton
Bundaberg Mackay
Confidence in the state’s capital city residential market
continues to strengthen with listing numbers up over the
year to February and continued improvement in time on
market and the level to which vendors have to discount
from their initial list price.
According to local agents Brisbane’s relative affordability
and rental returns compared to Sydney and Melbourne is
likely going to mean an increase in investor activity moving
forward.
The unit and townhouse market continues to strengthen
in the outer suburbs with the landscape set to change in
the face of new townhouse and low-rise unit developments.
Investors are being attracted to such properties given the
strong rental returns they are achieving. Local agents
across the Greater Brisbane area say there are a good
number of great buying opportunities for investors to have
a positively geared investment, particularly with current
interest rate levels.
The 2014 Brisbane City Plan, which identifies key growth
corridors and centres, has infrastructure such as public
transport and road upgrades flagged as paramount to the
future growth of the state’s capital city.
HOUSE MARKET
Over the March quarter, sales activity across the Brisbane
statistical division was down 5 per cent however this trend
was not consistent across each of the council areas,
with Ipswich bucking the trend with preliminary house
sales numbers up 7 per cent compared to the December
quarter.
Ipswich agents say the region is well-positioned for strong
capital growth in the coming years as the south-east
property market strengthens further. With the region
tipped to be the fastest growing region in SEQ, local
agents are very optimistic about the coming years for their
area.
Over the March quarter, median house sale prices
remained flat or eased somewhat on the back of an
increase in buyer activity in the $350,000 to $500,000 price
point. Over the year to March however all regions posted
an increase in median house prices.
Taking all market indicators into consideration, Moreton
Bay appears to be leading the way with the greatest
improvement in average days on market over the year, now
rivalling that of Ipswich at 71 days. Moreton Bay also now
has the lowest rate of average vendor discounting coupled
with the strongest increase in its median house sale price
compared to a year ago, up 3.9 per cent.
UNIT MARKET
Unit markets across Greater Brisbane continue to
strengthen, with sales activity up across all council areas
over the quarter. Demand for this segment of the market
is further evident in all areas except Redland, recording
double digit growth in preliminary sales numbers over the
year to March 2015.
While the upper end of the market saw an increase in
the $500,000-plus price point over the quarter, so too did
the affordable end, seeing unit and townhouse sales in
the sub-$250,000 bracket record the highest number of
preliminary sales.
This trend was strongest in Logan, which as a result saw
its median unit sale price drop 5 per cent. Sales were
up in the likes of suburbs such as Browns Plains where
investors are getting healthy rental returns with the suburb
well-placed in close proximity to Greenbank Military Camp,
Logan Central and major arterial roads.
Strengthening demand for townhouses was evident
across a number of suburbs with Kallangur, Griffin and
Petrie in Moreton Bay all recording an increase in activity.
According to local agents in Redcliffe the new rail line is a
major boost for the area and is reportedly 6 months ahead
of schedule.
RENTAL MARKET
Affordability continues to be king for the Greater Brisbane
area, with vacancy levels holding steady across most
regions. Ipswich, Logan and Moreton Bay all remained
relatively unchanged since December, while a softening in
demand was seen in Redland City.
After spending all of 2014 at a vacancy level sub-two per
cent, Redland City has returned to healthier levels of
vacancy, while Moreton Bay holds the tightest vacancy
rate with local agents reporting continued strong tenant
demand.
In Logan, vacancy rates held relatively steady at 2.1 per
cent, however local agents say tenant enquiry levels are
beginning to soften. Investor interest in the area is also
said to be picking up, which indicates further easing in
vacancy levels potentially to come.
Meanwhile in Ipswich, local agents are also saying their
rental markets are quietening down, coupled with investor
activity in new residential estates.

SHAILER PARK 50 $467,500 -2.6% $485,000 6.5% 4.3%
SLACKS CREEK 22 $297,000 -5.0% $305,000 8.2% 3.4%
SPRINGWOOD 29 $470,000 10.6% $440,500 5.9% 6.1%
TANAH MERAH 25 $422,350 8.3% $393,500 6.4% -3.4%
UNDERWOOD 16 $482,500 -0.5% $485,000 5.1% 13.8%
WATERFORD 17 $392,000 3.0% $360,000 1.3% -10.0%
WATERFORD WEST 17 $295,000 -1.7% $314,000 10.2% -4.3%
WINDAROO 6 N/A N/A $435,000 8.8% 7.4%
WOODRIDGE 23 $261,500 -0.2% $265,000 7.1% -1.9%
YARRABILBA 8 N/A N/A $377,068 2.8% N/A
MORETON BAY (LGA) 1195 $395,000 0.0% $395,000 3.9% 1.3%
MORETON BAY (LGA) ^ ~ 157 $560,000 -3.4% $580,000 5.5% 1.8%
ALBANY CREEK 39 $517,500 1.5% $505,000 0.0% 3.5%
ARANA HILLS 20 $477,000 -5.5% $490,000 11.6% 12.6%
BANKSIA BEACH 37 $479,000 -3.7% $490,000 12.6% 0.3%
BEACHMERE 14 $316,000 -5.7% $320,000 12.3% -11.1%
BELLARA 13 $319,000 -4.8% $336,500 8.5% -1.9%
BELLMERE 16 $335,000 -1.8% $335,000 6.3% -8.5%
BONGAREE 25 $422,500 11.2% $380,500 -1.8% -3.2%
BRAY PARK 31 $380,000 0.3% $375,000 7.1% 0.0%
BUNYA ^ 4 N/A N/A $750,000 N/A N/A
BURPENGARY 22 $387,500 4.7% $366,500 7.8% -0.1%
BURPENGARY ^ 10 $536,250 -1.6% $555,000 7.5% 6.5%
BURPENGARY EAST 2 N/A N/A $404,000 N/A N/A
BURPENGARY EAST ^ ~ 11 $569,000 14.8% $525,000 4.2% 2.3%
CABOOLTURE 69 $310,000 8.8% $287,500 1.7% -7.3%
CABOOLTURE ^ 13 $495,000 N/A $470,000 6.0% 1.0%
CABOOLTURE SOUTH 32 $247,500 -1.2% $267,971 3.1% -9.2%
CASHMERE 7 N/A N/A $661,250 9.8% 22.5%
CLONTARF 40 $382,500 -0.6% $382,500 7.4% 3.9%
DAKABIN 5 N/A N/A $425,750 6.8% 0.2%
DAYBORO ^ 2 N/A N/A $638,000 N/A N/A
DECEPTION BAY 70 $320,000 1.6% $312,000 9.5% -4.0%
EATONS HILL 26 $544,000 0.2% $553,000 5.3% 6.3%
ELIMBAH ^ 9 N/A N/A $484,500 -3.6% -3.1%
EVERTON HILLS 19 $509,000 2.8% $495,000 5.1% 8.8%
FERNY HILLS 28 $460,500 0.7% $466,000 3.1% 6.0%
GRIFFIN 16 $428,500 -1.5% $435,125 6.1% 7.0%
JOYNER 9 N/A N/A $530,000 5.0% 17.8%
KALLANGUR 78 $345,000 4.5% $345,000 4.5% -2.8%
KIPPA-RING 28 $360,000 0.0% $370,000 4.2% 0.0%
LAWNTON 15 $378,000 10.5% $352,000 8.3% 1.4%
MANGO HILL 26 $454,500 -9.1% $457,000 7.3% 0.5%
MARGATE 31 $385,000 -11.5% $386,000 5.8% 2.9%
MORAYFIELD 52 $316,750 -0.3% $316,000 5.3% -5.7%
MORAYFIELD ^ 16 $549,250 -1.0% $535,000 5.9% -2.7%
MURRUMBA DOWNS 31 $495,000 11.0% $453,750 3.7% 3.1%
NARANGBA 53 $430,000 -7.0% $425,000 2.3% -3.4%
NARANGBA ^ 3 N/A N/A $631,675 N/A 0.7%
NEWPORT 10 $798,750 7.2% $767,500 2.3% -1.0%
NINGI ^ 4 N/A N/A $495,000 4.2% 3.0%
NINGI ~ 12 $360,250 31.0% $368,500 8.4% 19.6%
NORTH LAKES 101 $456,000 3.6% $450,000 2.5% 1.4%
PETRIE 28 $404,000 -2.7% $391,000 8.5% 0.9%
REDCLIFFE 26 $391,000 4.3% $382,000 4.4% 3.2%
ROTHWELL 11 $375,000 -5.5% $391,000 8.6% 1.6%
SAMFORD VALLEY ^ 6 N/A N/A $885,000 9.3% 9.9%
SCARBOROUGH ~ f 29 $485,000 18.3% $457,500 1.4% 2.8%
STRATHPINE 18 $340,000 -5.6% $370,000 8.5% 5.7%
UPPER CABOOLTURE 5 N/A N/A $325,000 2.7% -6.0%
WAMURAN ^ 5 N/A N/A $523,000 13.7% 1.9%
WARNER 38 $505,000 5.2% $480,000 4.3% 4.3%
WARNER ^ 7 N/A N/A $748,000 N/A N/A
WOODY POINT 18 $386,250 -4.9% $406,000 5.5% 5.7%
WOORIM 5 N/A N/A $412,500 -0.2% -6.5%
SUBURB
NUMBER
OF SALES
MEDIAN
SALE
QTRLY
CHANGE
ANNUAL
MEDIAN
SALE
1YR
CHANGE
5YR
CHANGE
SUBURB
NUMBER
OF SALES
MEDIAN
SALE
QTRLY
CHANGE
ANNUAL
MEDIAN
SALE
1YR
CHANGE
5YR
CHANGE
BRISBANE (SD) 6097 $475,000 -1.5% $475,000 4.4% 8.4%
BRISBANE (SD) ^ 452 $560,000 1.8% $570,000 3.6% 1.8%
IPSWICH (LGA) 561 $315,500 -1.4% $310,025 2.7% -3.1%
IPSWICH (LGA) ^ ~ 52 $469,100 -3.8% $472,000 5.7% -0.1%
AUGUSTINE HEIGHTS 17 $499,000 -8.0% $519,000 3.2% -4.3%
BELLBIRD PARK 16 $352,500 9.3% $330,750 2.6% 0.2%
BOOVAL 5 N/A N/A $256,944 -0.2% -11.9%
BRASSALL 29 $309,500 -0.2% $310,000 0.0% -6.9%
BROOKWATER ~ * 9 N/A N/A $363,000 -4.5% -14.6%
BUNDAMBA 23 $267,000 -7.1% $280,000 3.9% 0.4%
CAMIRA 21 $350,000 1.3% $345,500 4.7% -1.3%
CHURCHILL 8 N/A N/A $242,000 N/A -4.6%
COLLINGWOOD PARK 27 $300,000 2.7% $305,000 2.2% -6.2%
DEEBING HEIGHTS 13 $390,000 N/A $390,000 N/A N/A
EAST IPSWICH 11 $270,000 0.2% $263,000 10.3% -4.9%
EASTERN HEIGHTS 16 $277,500 -7.5% $270,000 8.4% -5.9%
FLINDERS VIEW 16 $316,250 -10.7% $330,000 -5.6% -14.8%
GOODNA 17 $290,000 1.8% $286,000 4.0% -4.7%
IPSWICH 10 $360,000 N/A $297,000 -7.2% -10.5%
KARALEE ^ 13 $457,500 -9.4% $510,000 1.0% -5.4%
LEICHHARDT 7 N/A N/A $218,500 4.0% -12.6%
NEWTOWN 3 N/A N/A $316,250 2.7% -4.9%
NORTH BOOVAL 7 N/A N/A $235,000 2.2% -18.0%
NORTH IPSWICH 22 $245,000 -7.0% $258,750 12.5% -9.2%
ONE MILE 11 $245,000 N/A $237,500 8.0% -2.5%
RACEVIEW 38 $301,500 -3.4% $305,000 6.6% -4.7%
REDBANK PLAINS 53 $308,000 -0.7% $306,500 7.4% -1.8%
RIVERVIEW 9 N/A N/A $215,000 1.3% -15.7%
ROSEWOOD 6 N/A N/A $270,000 7.1% 3.8%
SILKSTONE 13 $244,000 -9.6% $252,500 -4.7% -8.2%
SPRINGFIELD 23 $390,077 6.3% $380,000 -1.3% 4.1%
SPRINGFIELD LAKES 44 $426,250 4.6% $410,000 6.5% 3.0%
TIVOLI 6 N/A N/A $235,000 N/A -13.6%
YAMANTO ~ 40 $430,000 0.0% $410,000 22.4% 15.5%
LOGAN (LGA) 743 $350,000 -1.1% $349,000 1.7% -1.7%
LOGAN (LGA) ^ 150 $510,000 2.0% $510,000 2.0% 0.0%
BEENLEIGH 23 $321,100 3.6% $301,500 5.8% -8.6%
BETHANIA 12 $290,000 N/A $293,500 3.9% -8.3%
BORONIA HEIGHTS 22 $313,000 -0.6% $320,000 5.6% 0.0%
BROWNS PLAINS 21 $305,000 -4.7% $300,000 -3.2% -9.1%
CEDAR GROVE ^ 8 N/A N/A $420,000 0.8% -1.2%
CEDAR VALE ^ 8 N/A N/A $430,000 -3.9% 1.2%
CORNUBIA ^ 6 N/A N/A $695,000 N/A N/A
CORNUBIA ~ 21 $535,000 0.9% $525,000 15.4% 11.7%
CRESTMEAD 33 $300,750 7.4% $292,850 5.0% -7.0%
DAISY HILL 27 $436,000 1.4% $444,500 9.8% 12.0%
EAGLEBY 41 $270,000 11.1% $263,000 6.3% -9.3%
EDENS LANDING 16 $327,000 -11.6% $344,000 0.5% -5.8%
FORESTDALE ^ 6 N/A N/A $675,000 2.3% 11.3%
GREENBANK ^ 20 $507,500 -2.4% $526,500 4.1% -1.1%
HERITAGE PARK 18 $386,000 2.9% $395,000 4.6% -5.7%
HILLCREST 25 $335,000 1.1% $322,500 0.8% -3.7%
JIMBOOMBA 8 N/A N/A $363,000 -1.4% -2.4%
JIMBOOMBA ^ 27 $485,000 3.2% $459,000 2.0% -2.3%
KINGSTON 28 $275,000 1.3% $275,000 10.0% -3.5%
LOGAN CENTRAL 20 $278,000 3.0% $270,000 8.0% -3.2%
LOGAN RESERVE 7 N/A N/A $339,000 N/A N/A
LOGAN VILLAGE ^ 10 $507,500 N/A $487,250 -4.0% -6.3%
LOGANHOLME 26 $380,000 11.8% $360,000 0.0% -2.7%
LOGANLEA 15 $320,000 -3.8% $315,000 11.1% 0.0%
MARSDEN 30 $330,000 -0.9% $320,000 4.4% -0.5%
MEADOWBROOK 6 N/A N/A $377,500 7.9% -3.7%
MOUNT WARREN PARK 22 $352,000 9.3% $345,500 1.6% -4.4%
MUNRUBEN ^ 4 N/A N/A $494,250 1.9% -5.0%
NEW BEITH ^ 13 $500,000 N/A $546,000 0.2% 3.1%
REGENTS PARK 46 $346,250 -1.1% $359,500 1.8% -1.2%
ROCHEDALE SOUTH 50 $434,900 -4.4% $440,000 3.5% 6.0%

REDLAND (LGA) 507 $472,500 -1.4% $474,000 3.3% 3.0%
REDLAND (LGA) ^ 22 $827,500 -0.7% $825,000 3.8% 3.1%
ALEXANDRA HILLS 63 $420,000 4.0% $410,000 2.5% 1.1%
BIRKDALE 31 $490,000 5.4% $486,250 3.5% 4.6%
CAPALABA 41 $430,000 -2.3% $439,000 6.4% 7.2%
CAPALABA ^ 7 N/A N/A $830,000 0.0% 0.0%
CLEVELAND 50 $530,000 0.0% $520,000 1.0% 2.4%
MACLEAY ISLAND ~ 12 $178,500 70.8% $200,000 7.0% -14.9%
MOUNT COTTON 44 $473,000 -1.5% $475,000 4.1% 3.5%
ORMISTON ~ f 21 $488,000 -28.1% $577,500 1.3% -5.7%
REDLAND BAY ~ 56 $555,000 14.4% $522,000 8.8% 7.6%
RUSSELL ISLAND ~ 27 $165,000 -5.7% $170,000 -10.5% -28.6%
THORNESIDE ~ 10 $455,000 -7.1% $470,000 20.5% 7.6%
THORNLANDS 47 $540,000 2.1% $508,500 -1.3% -4.7%
THORNLANDS ^ 4 N/A N/A $848,250 N/A -2.3%
VICTORIA POINT 49 $485,000 -2.4% $480,000 3.3% 2.8%
WELLINGTON POINT 43 $550,000 -8.6% $554,000 6.9% 4.5%
SURROUNDS
LOCKYER VALLEY (LGA) 30 $241,000 -0.8% $245,550 2.3% -8.7%
LOCKYER VALLEY (LGA) ^ ~ 62 $387,500 9.2% $352,000 8.0% 3.5%
GATTON 15 $237,500 -10.0% $259,000 3.6% -10.1%
KENSINGTON GROVE ^ 4 N/A N/A $365,000 N/A -1.4%
LAIDLEY ~ 11 $241,000 14.9% $235,000 10.6% -3.9%
LAIDLEY HEIGHTS ^ 4 N/A N/A $302,000 N/A -2.6%
PLAINLAND ^ 4 N/A N/A $350,500 9.5% 9.5%
REGENCY DOWNS ^ 4 N/A N/A $300,000 2.7% -10.1%
WITHCOTT ^ 5 N/A N/A $378,500 4.4% N/A
SCENIC RIM (LGA) 66 $380,000 3.8% $360,000 3.2% 1.1%
SCENIC RIM (LGA) ^ 49 $492,000 -2.6% $499,000 8.5% 5.1%
BEAUDESERT 13 $313,000 0.0% $330,000 6.5% 6.5%
BOONAH 9 N/A N/A $255,000 -8.9% -6.4%
TAMBORINE ^ 10 $528,500 N/A $535,000 7.5% -1.8%
TAMBORINE MOUNTAIN 32 $453,500 3.1% $440,000 9.2% 0.0%
TAMBORINE MOUNTAIN ^ 3 N/A N/A $664,500 11.2% -11.6%
SOMERSET (LGA) ~ 23 $227,000 -8.3% $247,000 -5.0% -8.5%
SOMERSET (LGA) ^ 35 $380,000 0.0% $382,500 12.0% 4.8%
FERNVALE 3 N/A N/A $347,500 N/A 4.5%
FERNVALE ^ 7 N/A N/A $395,000 -0.4% N/A
KILCOY 5 N/A N/A $230,000 N/A -16.4%
LOWOOD 5 N/A N/A $239,500 -10.3% -1.7%
SUBURB
NUMBER
OF SALES
MEDIAN
SALE
QTRLY
CHANGE
ANNUAL
MEDIAN
SALE
1YR
CHANGE
5YR
CHANGE
47
310
770
427
4755
342
811
468
49
<$250,000 $250,000+ $350,000+ $500,000+ $1m+
DEC 14 MAR 15
225 239
100
46
3
256
237
137
86
10
<$250,000 $250,000+ $350,000+ $500,000+ $1m+
DEC 14 MAR 15
GOLD COAST UNIT SALES (p)
DEC 14 MAR 15
SALES MARKET - UNITS & TOWNHOUSES (CONT’D)
SUBURB
NUMBER
OF SALES
MEDIAN
SALE
QTRLY
CHANGE
ANNUAL
MEDIAN
SALE
1YR
CHANGE
5YR
CHANGE
BRISBANE (SD) 2531 $393,000 2.1% $392,000 3.2% 5.2%
IPSWICH (LGA) * t 60 $261,250 8.9% $295,000 20.4% 9.3%
BRASSALL 12 $172,500 N/A $263,000 4.4% -3.1%
BUNDAMBA * t 2 N/A N/A $299,900 N/A N/A
GOODNA * t 3 N/A N/A $310,000 42.5% 31.9%
LOGAN (LGA) ~ * 248 $228,000 -5.0% $245,000 -2.0% -11.9%
BEENLEIGH * 20 $186,500 1.1% $186,000 9.4% -22.5%
BROWNS PLAINS t 9 N/A N/A $340,900 0.3% 23.5%
DAISY HILL 4 N/A N/A $280,000 N/A -6.7%
EAGLEBY ~ 9 N/A N/A $213,500 -20.3% -31.8%
EDENS LANDING 9 N/A N/A $207,500 N/A -19.1%
HILLCREST 9 N/A N/A $225,000 N/A -1.3%
KINGSTON * t 8 N/A N/A $282,500 N/A -5.8%
LOGAN CENTRAL 7 N/A N/A $181,000 9.7% -7.2%
MARSDEN 14 $320,000 -4.8% $331,000 0.6% -6.8%
MEADOWBROOK 3 N/A N/A $265,000 N/A -19.7%
MOUNT WARREN PARK 3 N/A N/A $210,000 N/A -16.0%
ROCHEDALE SOUTH 12 $283,000 -1.6% $275,000 4.2% -5.2%
SHAILER PARK 3 N/A N/A $262,500 -0.6% -8.7%
SLACKS CREEK 24 $220,000 5.8% $210,000 11.4% -12.5%
SPRINGWOOD 19 $281,250 -3.0% $276,100 10.7% -2.4%
UNDERWOOD 5 N/A N/A $382,500 -4.1% 22.2%
WATERFORD WEST 6 N/A N/A $195,000 5.4% -14.8%
WOODRIDGE t 40 $189,500 2.4% $186,750 6.7% -12.1%
MORETON BAY (LGA) 334 $305,000 -0.8% $330,000 4.4% -1.6%
BELLARA ~ 8 N/A N/A $197,500 -26.9% -35.2%
BONGAREE 22 $282,500 -1.7% $297,000 3.5% -8.6%
BRENDALE * t 23 $265,000 1.9% $300,000 17.6% 5.1%
BURPENGARY 7 N/A N/A $263,750 N/A -12.1%
CABOOLTURE * 7 N/A N/A $255,000 12.3% -12.1%
CLONTARF ~ f 11 $313,000 -25.5% $417,500 -0.6% 19.3%
DECEPTION BAY 14 $224,750 -2.3% $230,000 4.5% -13.2%
GRIFFIN * t 5 N/A N/A $354,500 0.6% N/A
KALLANGUR * t 18 $300,500 -2.2% $331,000 15.4% -1.2%
KIPPA-RING 9 N/A N/A $272,750 7.0% -19.3%
LAWNTON ~ * 8 N/A N/A $251,000 20.1% -20.4%
MANGO HILL 11 $365,000 N/A $365,000 7.4% 1.5%
MARGATE ~ f * 14 $330,000 N/A $362,500 16.9% -8.2%
MORAYFIELD ~ t 8 N/A N/A $222,000 -22.8% -3.5%
MURRUMBA DOWNS 13 $318,000 N/A $340,000 -2.6% -2.3%
NORTH LAKES 6 N/A N/A $359,000 0.0% N/A
PETRIE * t 6 N/A N/A $336,000 N/A N/A
REDCLIFFE ~ 31 $391,250 13.4% $350,000 6.1% -10.3%
SCARBOROUGH 12 $386,750 3.1% $378,250 -0.9% -13.0%
WOODY POINT 8 N/A N/A $317,500 -2.3% -26.5%
WOORIM 7 N/A N/A $349,000 N/A N/A
REDLAND (LGA) * t 120 $389,000 15.1% $369,000 8.8% 2.5%
BIRKDALE * t 10 $377,500 N/A $356,000 N/A 0.0%
CAPALABA ~ 17 $317,500 12.0% $316,250 12.9% 3.7%
CLEVELAND ~ 26 $432,000 12.2% $420,000 12.0% 2.8%
ORMISTON 10 $342,500 N/A $367,000 6.5% 5.6%
THORNESIDE 6 N/A N/A $297,500 -4.7% -1.8%
VICTORIA POINT 13 $415,000 N/A $365,000 N/A 10.6%
WELLINGTON POINT 13 $422,500 N/A $391,250 N/A 5.7%
HOUSE PRICEPOINTS
1,078
1,234
571
22
1,079
1,276
540
19
<$350,000 $350,000+ $500,000+ $1m+
DEC 14 MAR 15
DEC 14 MAR 15
DEC 14 MAR 15
202
60
6
227
70
13
<$350,000 $350,000+ $500,000+
DEC 14 MAR 15
R
130
788
1,922
332
129
753
1,840
247
<$350,000 $350,000+ $500,000+ $1m+
DEC 14 MAR 15
271
200
87
239
196
70
<$350,000 $350,000+ $500,000+
DEC 14 MAR 15

REDLAND (LGA) * 125 $38,000 8.6% $247,000 182.3% -1.0%
REDLAND (LGA) ^ 1 N/A N/A N/A N/A N/A
BIRKDALE 6 N/A N/A $309,000 N/A 4.7%
CLEVELAND 0 N/A N/A $305,000 N/A 1.7%
MACLEAY ISLAND ~ f 17 $36,800 22.7% $32,500 26.2% -40.9%
MOUNT COTTON * 15 $265,000 N/A $265,000 6.0% 7.3%
REDLAND BAY 4 N/A N/A $279,000 5.8% 3.3%
RUSSELL ISLAND ~ f 54 $18,000 -5.3% $18,500 -7.5% -53.8%
THORNLANDS 20 $297,500 N/A $291,000 3.9% 16.6%
SURROUNDS
LOCKYER VALLEY (LGA) 6 N/A N/A $100,000 1.0% -16.0%
LOCKYER VALLEY (LGA) ^ 20 $141,000 N/A $136,500 13.8% 1.9%
LAIDLEY NORTH 2 N/A N/A $100,000 0.0% -13.0%
KENSINGTON GROVE ^ 7 N/A N/A $148,250 N/A 4.6%
SCENIC RIM (LGA) 9 N/A N/A $179,000 0.5% -2.5%
SCENIC RIM (LGA) ^ ~ 8 N/A N/A $263,750 21.8% 50.7%
GLENEAGLE 1 N/A N/A $179,000 N/A 2.3%
SOMERSET (LGA) 8 N/A N/A $141,000 4.4% 8.5%
FERNVALE 6 N/A N/A $146,625 3.3% 8.6%
SUBURB
NUMBER
OF SALES
MEDIAN
SALE
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
POST MAR-15 MAR-14
CODE LOCALITYL
BRISBANE (SD) 576 $217,000 0.5% $218,000 3.9% 1.9%
BRISBANE (SD) ^ 79 $290,000 -3.3% $272,000 4.6% 0.9%
IPSWICH (LGA) 74 $178,000 1.5% $176,000 3.6% 0.6%
IPSWICH (LGA) ^ 12 N/A N/A $240,000 0.2% 0.0%
AUGUSTINE HEIGHTS 3 N/A N/A $219,000 9.5% -2.7%
BELLBIRD PARK 2 N/A N/A $198,000 7.0% -7.9%
BRASSALL 13 $185,000 0.0% $185,000 5.7% 3.2%
BUNDAMBA 4 N/A N/A $169,950 11.1% 1.8%
DEEBING HEIGHTS 3 N/A N/A $164,950 10.0% N/A
LEICHHARDT 4 N/A N/A $168,750 16.4% N/A
RACEVIEW 0 N/A N/A $172,000 1.8% 8.9%
REDBANK PLAINS * 9 N/A N/A $154,000 10.0% -10.5%
RIPLEY * 17 $167,000 N/A $173,000 N/A N/A
SOUTH RIPLEY 11 $175,000 N/A $179,900 N/A N/A
SPRINGFIELD LAKES 2 N/A N/A $199,000 13.7% 17.8%
KARALEE ^ 5 N/A N/A $265,000 3.9% 2.3%
LOGAN (LGA) * 112 $210,000 6.3% $184,000 2.2% -11.5%
LOGAN (LGA) ^ 20 $291,500 2.3% $260,000 5.1% 10.6%
CORNUBIA 6 N/A N/A $355,000 N/A N/A
HOLMVIEW 4 N/A N/A $179,900 -0.6% -14.7%
JIMBOOMBA 2 N/A N/A $177,000 1.1% -3.3%
LOGAN RESERVE * 10 $160,975 N/A $158,000 1.3% N/A
LOGAN VILLAGE 6 N/A N/A $249,000 N/A N/A
LOGANLEA * 22 $205,000 7.9% $190,000 N/A -2.1%
MARSDEN 3 N/A N/A $185,000 2.8% -4.1%
REGENTS PARK 7 N/A N/A $239,000 6.2% N/A
UNDERWOOD 5 N/A N/A $376,000 1.1% 12.2%
WATERFORD 7 N/A N/A $175,000 -2.2% -1.1%
YARRABILBA * 19 $165,500 0.6% $157,500 8.6% N/A
BUCCAN ^ 5 N/A N/A $290,000 N/A N/A
JIMBOOMBA ^ * 3 N/A N/A $239,000 16.9% 17.7%
MORETON BAY (LGA) * 142 $214,800 -3.9% $220,000 4.9% 8.4%
MORETON BAY (LGA) ^ ~ 38 $340,000 13.3% $281,250 5.7% -6.8%
BANKSIA BEACH * f 6 N/A N/A $410,000 -5.7% -14.1%
BURPENGARY * 10 $197,400 N/A $215,000 2.4% N/A
CABOOLTURE 23 $185,000 5.9% $179,000 -0.6% -6.8%
DAKABIN 9 N/A N/A $212,000 7.5% -0.2%
GRIFFIN 14 $229,200 1.9% $219,750 4.6% 6.2%
MANGO HILL * 2 N/A N/A $230,000 2.2% 2.3%
MORAYFIELD 6 N/A N/A $177,000 2.9% -6.8%
NARANGBA 15 $208,630 N/A $205,638 2.9% -10.9%
NINGI 4 N/A N/A $191,400 N/A -16.0%
NORTH LAKES * 13 $275,000 10.5% $243,930 9.6% 21.5%
WARNER * 21 $229,900 -0.4% $233,000 3.6% 1.3%
CABOOLTURE ^ 6 N/A N/A $255,000 -1.9% N/A
IPSWICH CITY $300 797 $300 773
4300 AUGUSTINE HEIGHTS $350 202 $335 196
4301 COLLINGWOOD PARK $310 95 $310 109
4303 DINMORE $275 23 $270 30
4304 BLACKSTONE $285 103 $285 75
4305 BASIN POCKET $290 285 $280 287
4306 AMBERLEY $290 66 $300 53
4340 ASHWELL $290 21 $285 19
LOGAN CITY $347 857 $330 903
4114 KINGSTON $320 147 $315 163
4118 BROWNS PLAINS $345 89 $340 96
4119 UNDERWOOD $365 10 $385 9
4123 PRIESTS GULLY $395 71 $380 56
4124 BORONIA HEIGHTS $340 37 $330 48
4125 MUNRUBEN $400 8 $425 6
4127 CHATSWOOD HILLS $380 85 $350 94
4128 KIMBERLEY PARK $385 35 $380 26
4129 LOGANDALE $360 14 $350 22
4130 CARBROOK $395 12 $355 10
4131 LOGANLEA $350 21 $330 31
4132 CRESTMEAD $340 97 $325 86
4133 CHAMBERS FLAT $360 27 $360 28
4205 BETHANIA $330 18 $310 17
4207 ALBERTON $330 167 $330 186
4280 JIMBOOMBA $390 19 $360 23
MORETON BAY REGIONAL $350 1043 $330 1042
4019 CLONTARF $360 92 $350 72
4020 NEWPORT $360 72 $350 67
4021 KIPPA-RING $350 21 $340 24
4022 ROTHWELL $345 20 $350 21
4035 ALBANY CREEK $420 26 $400 24
4037 EATONS HILL $440 7 N.A. 2
4055 BUNYA $450 31 $430 37
4500 BRAY PARK $370 83 $350 90
4501 LAWNTON $350 23 $330 23
4502 FRENCHS FOREST $340 18 $330 26
4503 DAKABIN $350 105 $350 93
4504 NARANGBA $360 31 $330 28
4505 BURPENGARY $340 30 $335 27
4506 MOORINA $300 54 $290 59
4507 BANKSIA BEACH $340 32 $330 42
4508 DECEPTION BAY $310 91 $305 106
4509 MANGO HILL $380 80 $375 74
LAND PRICEPOINTS
19
31
36
14
18
47
35
23
<$250,000 $250,000+ $350,000+ $500,000+
DEC 14 MAR 15
344
59
19 4
339
81
29
3
<$250,000 $250,000+ $350,000+ $500,000+
DEC 14 MAR 15
91
DEC 14 MAR 15
DEC 14 MAR 15
44
2 1
50
2 1
<$250,000 $250,000+ $350,000+
DEC 14 MAR 15
18
<$25
35
<$25
ROC
27
2 0
34
4 2
<$250,000 $250,000+ $350,000+
DEC 14 MAR 15

4510 BALINGOOL $295 167 $290 176
4511 GODWIN BEACH $345 18 $305 14
4514 BELLTHORPE $325 17 $310 16
4520 ARMSTRONG CREEK $450 11 $440 9
4521 CAMPBELLS POCKET $385 9 $350 5
REDLAND CITY $390 303 $380 340
4157 CAPALABA $390 36 $380 42
4158 THORNESIDE $395 8 $375 8
4159 AQUATIC PARADISE $400 29 $390 23
4160 EROBIN $385 28 $400 31
4161 ALEXANDRA HILLS $395 54 $390 45
4163 CLEVELAND $400 28 $390 39
4164 PINKLANDS $420 7 $370 15
4165 MOUNT COTTON $400 49 $400 63
4183 AMITY $330 5 N.A. 3
4184 COOCHIEMUDLO ISLAND $250 59 $235 71
LOCKYER VALLEY REGIONAL $280 96 $280 132
4341 BLENHEIM $275 46 $270 64
4343 ADARE $290 37 $290 42
4344 CARPENDALE $270 5 $250 5
SOMERSET REGIONAL $270 67 $260 60
4311 ATKINSONS DAM $280 33 $270 25
4312 BRYDEN $260 12 $220 9
4313 BIARRA $240 11 $230 13
4515 GLENFERN $310 11 $290 13
RENTAL MARKET - 3 BED HOUSES (CONT’D)
POST MAR-15 MAR-14
CODE LOCALITYL
POST MAR-15 MAR-14
CODE LOCALITYL
IPSWICH CITY $260 166 $248 155
4304 BLACKSTONE $255 22 $240 15
4305 BASIN POCKET $255 74 $240 77
LOGAN CITY $270 218 $260 167
4114 KINGSTON $270 84 $250 52
4123 PRIESTS GULLY $300 11 N.A. 4
4127 CHATSWOOD HILLS $300 26 $310 19
4128 KIMBERLEY PARK $290 5 $290 10
4133 CHAMBERS FLAT $295 12 $239 6
4207 ALBERTON $260 63 $260 57
4280 JIMBOOMBA $290 5 $265 5
4019 CLONTARF $285 68 $280 71
4020 NEWPORT $305 79 $310 82
4500 BRAY PARK $300 25 $290 33
4501 LAWNTON $290 10 $280 11
4502 FRENCHS FOREST $280 5 N.A. 4
4503 DAKABIN $280 41 $280 48
4505 BURPENGARY $290 9 $285 6
4506 MOORINA $265 16 $265 12
4507 BANKSIA BEACH $265 44 $285 69
4508 DECEPTION BAY $270 16 $260 11
4509 MANGO HILL $320 15 $300 18
4510 BALINGOOL $260 89 $255 81
REDLAND CITY $325 62 $320 72
4157 CAPALABA $180 12 $320 7
4160 EROBIN $325 5 $300 7
4163 CLEVELAND $350 30 $350 37
LOCKYER VALLEY REGIONAL $230 15 $240 15
4343 ADARE $235 13 $240 10
IPSWICH CITY $315 113 $310 134
4304 BLACKSTONE $310 35 $305 26
4305 BASIN POCKET $300 29 $305 30
LOGAN CITY $330 444 $330 455
4114 KINGSTON $315 51 $320 61
4118 BROWNS PLAINS $350 61 $340 66
4119 UNDERWOOD $410 9 $380 16
4123 PRIESTS GULLY $365 13 $350 7
4127 CHATSWOOD HILLS $325 44 $320 51
4128 KIMBERLEY PARK $340 12 $350 7
4130 CARBROOK $365 8 $370 5
4131 LOGANLEA $340 33 $350 29
4132 CRESTMEAD $340 68 $340 67
4133 CHAMBERS FLAT $325 28 $315 22
4205 BETHANIA $340 16 N.A. 1
4207 ALBERTON $320 98 $320 121
4019 CLONTARF $350 10 $340 15
4020 NEWPORT $350 15 $335 12
4021 KIPPA-RING $325 41 $335 49
4035 ALBANY CREEK $380 36 $380 8
4500 BRAY PARK $350 51 $340 40
4501 LAWNTON $335 11 $300 5
4502 FRENCHS FOREST $345 34 $320 11
4503 DAKABIN $340 197 $340 183
4504 NARANGBA $350 7 $340 7
4505 BURPENGARY $310 25 $295 38
4506 MOORINA $300 17 $310 19
4507 BANKSIA BEACH $300 10 N.A. 1
4508 DECEPTION BAY $310 53 $300 84
4509 MANGO HILL $355 79 $345 111
4510 BALINGOOL $300 27 $290 19
REDLAND CITY $395 114 $385 114
4157 CAPALABA $365 13 $370 17
4158 THORNESIDE $380 17 $385 24
4159 AQUATIC PARADISE $420 12 $415 5
4160 EROBIN $385 20 $385 21
4163 CLEVELAND $420 34 $400 28
4165 MOUNT COTTON $390 14 $390 16
Confidence in the state’s
capital city residential
market continues to
strengthen

REGIONAL MARKET UPDATES
GOLD COAST
571
22
540
19
<$350,000 $350,000+ $500,000+ $1m+
58
541
629
117
54
532
667
119
<$350,000 $350,000+ $500,000+ $1m+
DEC 14 MAR 15
88
459
426
4662
443 445
55
<$350,000 $350,000+ $500,000+ $1m+
SUNSHINE COAST & NOOSA HOUSE SALES (p)
DEC 14 MAR 15
The residential property market and local economy on the
Gold Coast continue to record solid results with local agents
saying the city is steadily improving with the tourism and
construction industries rebounding strongly.
According to local agents, the house market results for the
March quarter are typical of the time of year, with similar
steadying sales activity recorded over the March quarter
last year. They also pre-empt the June quarter will similarly
follow the trend seen last year, with the cooler season
seeing buyer demand drop off.
The construction industry is providing much needed jobs
with both residential and infrastructure projects underway.
The billion-dollar high rise development “Jewel” in Surfers
Paradise is reportedly underway with excavation works
underway. The sand dug up from the site, 113,000 cubic
metres worth, is set to be donated to help with erosion on
Surfers Paradise beach.
Tourism is also back on track providing further employment
opportunities for local residents.
Despite the improving conditions, local agents say
interstate investor activity hasn’t picked up as much as
many had anticipated it would have by now.
HOUSE MARKET
Over the March quarter this year, preliminary house sales
numbers were relatively unchanged compared to the
December quarter, but annual sales numbers were up 9
per cent. While sales activity remained unchanged there
was a shift in price point activity with a lift in sales in the
$500,000 to one million price range.
As a result the Gold Coast median house price recorded
a healthy 2.2 per cent increase over the quarter. Evidence
that the region is well on its way to better times is an
increase of 6.4 per cent in its annual median compared to
a year ago.
Indicative of solid and steady results are stable average
days on market which have improved by just 7 days over
the year to February, while average vendor discounting
now sits at 6 per cent, down from 6.3 per cent a year ago.
UNIT MARKET
Unlike the house market, the Gold Coast’s unit and
townhouse market saw a rise in preliminary sales
numbers, up 24 per cent over the March quarter.
Local agents however say the unit market still remains a
quieter than the house market, and the lift in sales activity
is likely a few developments off-loading developer stock.
Suburbs along the beach front saw the strongest sales
activity with Surfers Paradise, Labrador and Palm Beach
topping the list for the quarter.
Signs that the unit market is not too far behind the house
market on the Gold Coast is the improvement in average
days on market and average vendor discounting rates.
Over the year to February 2015, unit listings took 10 days
fewer to sell while vendors have saved a full 1 percentage
point in their discounting rates compared to a year ago.
RENTAL MARKET
The Gold Coast however, buoyed by improving local
employment conditions, saw its vacancy rate drop further,
down 0.8 percentage points since December, making the
region the tightest rental market of all major regions.
With a vacancy of just 1.3 per cent, this is the lowest the
Gold Coast has recorded in seven years and is a strong
indicator that the other sectors of the economy are
strengthening.
According to local agents, mid-range properties typically
targeted by families are moving faster than upper-end
executive style properties.

17
MARCH QUARTER 2015
GOLD COAST (LGA) 1416 $531,500 2.2% $515,800 6.4% 3.4%
GOLD COAST (LGA) ^ ~ 136 $670,000 -4.6% $681,250 3.2% -0.5%
ARUNDEL 33 $482,500 -13.1% $489,000 6.3% 3.2%
ASHMORE 38 $488,000 -6.2% $490,000 7.7% 3.2%
BENOWA 31 $750,000 -4.5% $750,500 9.0% 5.0%
BIGGERA WATERS 16 $691,250 -0.5% $585,000 4.9% 3.5%
BONOGIN ^ 22 $632,500 5.4% $635,000 11.4% -2.3%
BROADBEACH WATERS 57 $825,000 3.1% $841,000 5.1% -1.6%
BUNDALL 14 $750,000 0.1% $765,000 1.2% -11.6%
BURLEIGH HEADS ~ 15 $655,000 17.5% $626,000 7.0% 8.3%
BURLEIGH WATERS 43 $606,500 4.7% $605,000 7.7% 7.1%
CARRARA 47 $450,000 2.9% $461,000 5.0% 2.8%
CLEAR ISLAND WATERS 15 $800,000 -13.9% $850,000 6.1% -3.4%
COOMBABAH 26 $443,750 3.2% $429,000 10.0% -0.2%
COOMERA ~ f 50 $501,250 6.2% $415,000 -9.8% 2.3%
CURRUMBIN ~ f 4 N/A N/A $921,000 44.5% 57.3%
CURRUMBIN WATERS 22 $533,500 -0.7% $516,000 2.7% 4.8%
ELANORA 43 $545,000 4.3% $529,000 8.0% 3.7%
GILSTON 8 N/A N/A $481,500 N/A N/A
HELENSVALE 68 $533,500 5.6% $530,000 9.3% 7.1%
HIGHLAND PARK 13 $414,000 -0.2% $414,500 -2.5% -1.1%
HOLLYWELL ~ 17 $702,000 27.1% $610,000 13.0% 5.8%
HOPE ISLAND ~ f 49 $762,500 33.4% $735,000 -5.2% 39.3%
JACOBS WELL 9 N/A N/A $405,000 14.1% -1.9%
LABRADOR 18 $429,000 -2.4% $438,500 8.0% 2.1%
MAUDSLAND 11 $445,000 N/A $462,000 3.8% 6.2%
MERMAID BEACH ~ f 22 $1,085,000 21.9% $965,500 10.3% -21.8%
MERMAID WATERS 46 $710,000 -2.1% $689,500 9.4% 6.1%
MERRIMAC 22 $485,000 9.0% $446,250 9.5% 7.7%
MIAMI 16 $599,000 -1.4% $592,500 13.9% 8.7%
MOLENDINAR 19 $493,000 -12.7% $515,000 7.5% 2.6%
MUDGEERABA 36 $500,000 0.0% $495,000 6.5% 4.4%
MUDGEERABA ^ 9 N/A N/A $632,500 -0.4% -3.1%
NERANG 35 $380,000 -1.3% $380,000 5.6% -0.5%
NERANG ^ 6 N/A N/A $740,000 N/A -2.6%
ORMEAU 45 $427,500 -9.0% $430,000 5.8% -2.3%
ORMEAU HILLS 17 $475,000 N/A $447,000 -0.8% -8.9%
OXENFORD 42 $484,750 8.9% $445,000 3.5% -1.7%
PACIFIC PINES 60 $478,000 3.9% $465,000 2.2% 0.5%
PALM BEACH 55 $600,000 -0.8% $592,500 12.9% 9.7%
PARADISE POINT ~ f 27 $1,100,000 43.3% $835,500 4.8% -6.9%
PARKWOOD 28 $462,500 -10.2% $495,000 9.4% 4.2%
PIMPAMA 15 $390,000 4.7% $400,000 6.0% 1.3%
REEDY CREEK 26 $680,600 13.4% $635,000 4.6% -0.8%
ROBINA 60 $561,000 -2.4% $567,000 7.6% 4.0%
RUNAWAY BAY 28 $805,000 5.2% $830,000 14.1% 16.1%
SOUTHPORT 55 $469,250 1.8% $470,000 9.0% 2.0%
SURFERS PARADISE 26 $1,235,000 -1.2% $1,138,750 -1.0% -12.7%
TALLAI ^ 7 N/A N/A $707,500 -2.7% -8.7%
TALLEBUDGERA ^ 8 N/A N/A $690,000 2.2% -2.8%
TALLEBUDGERA VALLEY ^ 11 $750,000 N/A $750,000 N/A N/A
TUGUN ~ 15 $527,500 -16.3% $489,500 -1.4% 6.8%
UPPER COOMERA 89 $434,000 5.0% $410,556 5.5% -2.2%
VARSITY LAKES 37 $570,000 11.5% $510,000 8.5% 6.5%
WORONGARY 15 $410,000 N/A $409,000 7.6% 1.4%
WORONGARY ^ ~ 12 $640,000 -12.9% $677,500 14.2% -2.5%
SUBURB
NUMBER
OF SALES
MEDIAN
SALE
QTRLY
CHANGE
ANNUAL
MEDIAN
SALE
1YR
CHANGE
5YR
CHANGE
SUBURB
NUMBER
OF SALES
MEDIAN
SALE
QTRLY
CHANGE
ANNUAL
MEDIAN
SALE
1YR
CHANGE
5YR
CHANGE
GOLD COAST (LGA) 1841 $355,000 1.4% $359,000 2.6% -3.0%
ARUNDEL 16 $315,000 -7.4% $310,000 1.6% -3.5%
ASHMORE ~ 30 $322,500 17.7% $283,500 8.0% -8.7%
BIGGERA WATERS ~ f 50 $308,125 12.7% $330,000 -14.1% -13.2%
BROADBEACH 107 $420,000 -2.3% $430,000 7.2% -9.0%
BROADBEACH WATERS 10 $472,500 N/A $375,000 -2.8% -18.2%
BUNDALL 8 N/A N/A $343,215 -3.3% -0.5%
BURLEIGH HEADS 64 $410,000 3.5% $400,000 8.1% -1.2%
BURLEIGH WATERS 24 $364,500 -1.5% $349,500 5.9% -2.9%
CARRARA 44 $399,900 -7.2% $414,950 10.7% -0.4%
CLEAR ISLAND WATERS 9 N/A N/A $422,500 -4.9% -5.3%
COOLANGATTA 57 $420,000 5.3% $405,000 8.0% -15.6%
COOMBABAH 43 $330,000 1.5% $327,500 9.5% -3.2%
CURRUMBIN ~ t 19 $395,000 -32.8% $418,000 10.0% -0.5%
CURRUMBIN WATERS 14 $365,000 12.7% $320,500 6.8% -8.4%
ELANORA 19 $295,000 3.5% $303,500 3.6% -7.5%
HIGHLAND PARK 5 N/A N/A $255,000 -7.6% -7.9%
HOLLYWELL 7 N/A N/A $635,000 N/A -27.8%
LABRADOR * f 104 $325,000 4.0% $335,000 8.1% 4.7%
MAIN BEACH 45 $530,000 -7.6% $535,000 -8.5% -16.5%
MERMAID BEACH 42 $362,500 -4.6% $380,000 13.9% 2.7%
MERMAID WATERS 33 $321,250 9.6% $316,000 8.2% -5.1%
MERRIMAC ~ f 14 $337,250 24.9% $310,000 -17.9% -15.3%
MIAMI 36 $340,000 -6.8% $370,000 8.8% -5.1%
MUDGEERABA 26 $337,500 1.5% $337,000 5.0% -1.5%
NERANG 45 $285,000 1.4% $279,000 3.3% -3.8%
ORMEAU 7 N/A N/A $342,500 13.2% -3.1%
OXENFORD 17 $263,250 -3.2% $290,000 9.4% 0.0%
PACIFIC PINES 16 $345,000 3.8% $355,000 -2.7% -5.8%
PALM BEACH f 60 $316,500 -10.2% $339,500 0.6% -7.0%
PARADISE POINT ~ f 31 $550,000 59.4% $520,000 -3.7% 0.0%
PARKWOOD 8 N/A N/A $295,000 N/A -11.9%
PIMPAMA 13 $340,000 1.5% $347,000 -4.0% -0.9%
REEDY CREEK 15 $295,000 1.7% $289,500 5.3% -3.8%
ROBINA 60 $398,000 3.4% $415,000 -0.1% -7.9%
RUNAWAY BAY ~ 36 $359,000 -16.7% $385,000 -11.5% -25.0%
SOUTHPORT 160 $316,750 -0.4% $315,000 -3.7% -16.2%
SURFERS PARADISE f * 294 $328,500 2.7% $337,500 -3.6% -6.8%
TUGUN 27 $345,000 -9.8% $376,750 4.7% -12.1%
UPPER COOMERA 21 $310,000 1.1% $308,000 9.6% -12.0%
VARSITY LAKES * 59 $367,000 -0.8% $378,000 3.6% -3.1%
BENOWA 13 $380,000 -2.8% $528,500 13.7% 32.3%
BILINGA 12 $428,750 N/A $490,000 14.3% -7.5%
COOMERA ~ f 29 $268,000 3.1% $311,500 5.6% -10.7%
HELENSVALE ~ t 12 $247,500 -18.6% $298,500 -2.6% -6.0%
HOPE ISLAND * t 45 $385,000 -6.1% $383,500 18.0% -5.5%
The construction industry
is providing much needed
jobs with both residential
and infrastructure projects
underway.

GOLD COAST CITY $370 2395 $360 2771
4209 COOMERA $310 6 $285 8
4210 OXENFORD $315 18 $295 21
4211 ADVANCETOWN $335 41 $330 44
4212 HELENSVALE $400 50 $390 52
4214 ARUNDEL $300 17 $216 27
4215 LABRADOR $355 532 $350 704
4216 PARADISE POINT $360 207 $350 218
4217 BENOWA $420 545 $400 603
4218 BROADBEACH $380 304 $360 321
4220 BURLEIGH HEADS $385 180 $380 195
4221 ELANORA $330 114 $310 151
4223 CURRUMBIN $380 35 $365 39
4224 TUGUN $350 41 $340 58
4225 BILINGA $350 95 $330 120
4226 CLEAR ISLAND WATERS $415 62 $400 53
4227 REEDY CREEK $370 142 $370 151
SCENIC RIM REGIONAL $220 27 $216 42
4285 ALLENVIEW $210 23 $210 26
19
31
36
14
18
47
35
23
<$250,000 $250,000+ $350,000+ $500,000+
DEC 14 MAR 15
344
59
19 4
339
81
29
3
<$250,000 $250,000+ $350,000+ $500,000+
DEC 14 MAR 15
91
36
9 9
73
17
9 8
<$250,000 $250,000+ $350,000+ $500,000+
DEC 14 MAR 15
2
<$
4
<$
2
<$
POST MAR-15 MAR-14
CODE LOCALITYL
POST MAR-15 MAR-14
CODE LOCALITYL
SUBURB
NUMBER
OF SALES
MEDIAN
SALE
QTRLY
CHANGE
ANNUAL
MEDIAN
SALE
1YR
CHANGE
5YR
CHANGE
GOLD COAST (LGA) 107 $232,000 -0.4% $230,000 0.0% -2.2%
GOLD COAST (LGA) ^ 17 $365,000 N/A $348,500 -1.6% -6.2%
ELANORA 4 N/A N/A $326,000 N/A N/A
GILSTON 1 N/A N/A $260,000 4.0% 17.7%
ORMEAU 8 N/A N/A $224,200 -0.4% -0.4%
ORMEAU HILLS * 11 $217,950 2.4% $215,500 0.3% N/A
PIMPAMA * 33 $216,000 -3.6% $222,000 0.9% 2.8%
REEDY CREEK 7 N/A N/A $325,000 5.2% 0.0%
UPPER COOMERA 14 $239,000 2.6% $230,000 1.4% 0.8%
WILLOW VALE 4 N/A N/A $207,900 6.6% N/A
COOMERA * 10 $245,450 -7.4% $235,950 4.7% 0.0%
HOPE ISLAND * f 37 $327,500 -24.3% $400,000 14.3% 21.2%
GOLD COAST CITY $440 945 $430 1032
4208 BURNSIDE $400 14 $380 32
4209 COOMERA $390 98 $370 106
4210 OXENFORD $395 21 $420 18
4211 ADVANCETOWN $400 124 $400 130
4212 HELENSVALE $500 56 $449 61
4213 BONOGIN $450 43 $430 42
4214 ARUNDEL $430 88 $420 90
4215 LABRADOR $420 93 $400 115
4216 PARADISE POINT $450 75 $400 76
4217 BENOWA $560 35 $550 54
4218 BROADBEACH $550 61 $510 56
4220 BURLEIGH HEADS $480 56 $470 52
4221 ELANORA $490 52 $460 43
4223 CURRUMBIN $450 30 $460 27
4225 BILINGA $440 5 $395 7
4227 REEDY CREEK $460 29 $460 42
SCENIC RIM REGIONAL $300 116 $330 119
4272 MOUNT TAMBORINE $420 14 $380 19
4285 ALLENVIEW $305 50 $300 51
4307 COLEYVILLE $350 5 $250 5
4309 ARATULA $270 14 N.A. 4
4310 ALLANDALE $270 21 $275 15
GOLD COAST CITY $390 1061 $380 1135
4208 BURNSIDE $370 9 $370 14
4209 COOMERA $360 160 $355 160
4210 OXENFORD $395 17 $350 13
4211 ADVANCETOWN $370 172 $365 202
4212 HELENSVALE $430 31 $420 42
4213 BONOGIN $370 32 $385 27
4214 ARUNDEL $380 51 $365 52
4215 LABRADOR $400 112 $380 133
4216 PARADISE POINT $400 78 $370 78
4217 BENOWA $440 43 $450 52
4218 BROADBEACH $425 28 $400 25
4220 BURLEIGH HEADS $410 38 $395 35
4221 ELANORA $400 22 $380 32
4223 CURRUMBIN $410 13 $360 10
4224 TUGUN $440 16 $430 28
4225 BILINGA $450 5 N.A. 1
4227 REEDY CREEK $430 72 $420 77
SCENIC RIM REGIONAL $290 5 N.A. 4
4285 ALLENVIEW $290 5 N.A. 4
UNIT PRICEPOINTS
47
310
770
427
4755
342
811
468
49
<$250,000 $250,000+ $350,000+ $500,000+ $1m+
DEC 14 MAR 15
225 239
100
46
3
256
237
137
86
10
<$250,000 $250,000+ $350,000+ $500,000+ $1m+
DEC 14 MAR 15
179
419
321
165
33
239
493
431
202
32
<$250,000 $250,000+ $350,000+ $500,000+ $1m+
DEC 14 MAR 15
231
SUNSHINE COAST & NOOSA UNIT SALES (p)
DEC 14 MAR 15
16
10
7
2
21
8
4 3
<$250,000 $250,000+ $350,000+ $500,000+
BUNDABERG UNIT SALES (p)
DEC 14 MAR 15
19
16
6
1
28
19
6
0
<$250,000 $250,000+ $350,000+ $500,000+
DEC 14 MAR 15
GLADSTONE UNIT SALES (p)
DEC 14 MAR 15
39
5
<$250,
6
<$250
9
2
<$250,
ROCK
28
40
10
4
36
52
14
4
<$250,000 $250,000+ $350,000+ $500,000+
DEC 14 MAR 15

19
MARCH QUARTER 2015
TOOWOOMBA
HOUSE PRICEPOINTS
1,078
1,234
571
22
1,079
1,276
540
19
<$350,000 $350,000+ $500,000+ $1m+
DEC 14 MAR 15
58
541
629
117
54
532
667
119
<$350,000 $350,000+ $500,000+ $1m+
DEC 14 MAR 15
159
33
12
157
47
11
<$350,000 $350,000+ $500,000+
DEC 14 MAR 15
202
60
6
227
70
13
<$350,000 $350,000+ $500,000+
DEC 14 MAR 15
51
47
10
44 47
19
<$350,000 $350,000+ $500,000+
GLADSTONE HOUSE SALES (p)
DEC 14 MAR 15
130
788
1,922
332
129
753
1,840
247
<$350,000 $350,000+ $500,000+ $1m+
DEC 14 MAR 15
271
200
87
239
196
70
<$350,000 $350,000+ $500,000+
DEC 14 MAR 15
88
459
426
4662
443 445
55
<$350,000 $350,000+ $500,000+ $1m+
DEC 14 MAR 15
UNIT PRICEPOINTS
47
310
770
427
4755
342
811
468
49
<$250,000 $250,000+ $350,000+ $500,000+ $1m+
DEC 14 MAR 15
225 239
100
46
3
256
237
137
86
10
<$250,000 $250,000+ $350,000+ $500,000+ $1m+
DEC 14 MAR 15
179
419
321
165
33
239
493
431
202
32
<$250,000 $250,000+ $350,000+ $500,000+ $1m+
DEC 14 MAR 15
83
215
177
101
35
97
231 221
116
18
<$250,000 $250,000+ $350,000+ $500,000+ $1m+
DEC 14 MAR 15
16
10
7
2
21
8
4 3
<$250,000 $250,000+ $350,000+ $500,000+
BUNDABERG UNIT SALES (p)
DEC 14 MAR 15
<
19
16
6
1
28
19
6
0
<$250,000 $250,000+ $350,000+ $500,000+
DEC 14 MAR 15
9
5
4
0
7
4
2
0
<$250,000 $250,000+ $350,000+ $500,000+
GLADSTONE UNIT SALES (p)
DEC 14 MAR 15
<
<
28
40
10
4
36
52
14
4
<$250,000 $250,000+ $350,000+ $500,000+
DEC 14 MAR 15
LAND PRICEPOINTS
19
31
36
14
18
47
35
23
<$250,000 $250,000+ $350,000+ $500,000+
DEC 14 MAR 15
344
59
19 4
339
81
29
3
<$250,000 $250,000+ $350,000+ $500,000+
DEC 14 MAR 15
91
36
9 9
73
17
9 8
<$250,000 $250,000+ $350,000+ $500,000+
DEC 14 MAR 15
49
26
19
13
52
26
14 15
DEC 14 MAR 15
29
0 0
48
0 0
<$250,000 $250,000+ $350,000+
DEC 14 MAR 15
44
2 1
50
2 1
<$250,000 $250,000+ $350,000+
DEC 14 MAR 15
20
15
GLADSTONE LAND SALES (p)
DEC 14 MAR 15
R
27
2 0
34
4 2
<$250,000 $250,000+ $350,000+
DEC 14 MAR 15
Over the March quarter the Toowoomba residential property
market, similar to Brisbane, took a moment’s pause,
with sales activity easing in the house market. Unit sales
however were up, following a sharp drop over the December
quarter.
Local agents in Toowoomba say that there is an air of
cautious optimism with well-educated buyers gaining more
confidence in the negotiation process.
A two-tiered market is also said to be present, with those
who have some uncertainty around their employment
holding back from the sales market. Investor activity is also
said to have dropped back, which is likely behind the easing
in sales activity over the quarter.
Despite the lull over the first three months of the year,
Toowoomba agents say the outlook for the region remains
very positive with local property prices remaining relatively
affordable and various industries supporting the local
economy.
HOUSE MARKET
Similar to the March quarter in 2014, preliminary house
sales numbers were down over the March quarter this
year. Toowoomba’s median house price however recorded
an increase of 1.1 per cent, the regions fourth consecutive
quarterly increase, indicating that local property prices
have begun to lift. The region’s quarterly change in
median house price has now trended in positive territory
since late 2012.
According to local agents the prestige market in
Toowoomba has picked up, with multiple sales in the one
to two million price bracket occurring, something that
hasn’t occurred in Toowoomba for some time. Over the
March quarter, preliminary numbers show four houses
were exchanged for over a million dollars, up from just two
during the corresponding March quarter last year.
The positive news is enticing more vendors to place their
properties onto the market, with total listings over the year
to February up 6 per cent compared to the previous year.
Despite an increase in available house listings, average
days on market in Toowoomba has reduced further to 63
days, and remains the fastest selling region outside of the
Brisbane council area.
UNIT MARKET
After peaking in the September quarter last year, the
March quarter sales activity in the unit and townhouse
market has picked up from the sharp drop recorded over
the December quarter.
Buyer activity was most prominent in the $250,000 to
$350,000 price point, with preliminary sales numbers up
over the March quarter.
With some new townhouse sales still occurring in suburbs
such as Kearneys Spring and East Toowoomba, the overall
median unit sale price for the Toowoomba council area
was up 8.5 per cent over the quarter.
With investor activity now said to be easing somewhat,
total unit and townhouse listings has remained relatively
unchanged compared to a year ago, however average days
on market has continued to come down which indicates
buyer demand overall remains strong.
RENTAL MARKET
In Toowoomba vacancy rates have hit an all-time high
of 3.2 per cent up 0.9 percentage points since the end
of December last year. Whilst this rate is generally
considered a “healthy” level, Toowoomba’s rental market
has historically remained under 2 per cent for more than 7
years, with December 2011 the exception when vacancies
went slightly above at 2.1 per cent.
With more new stock coming onto the market, local
agents say there is an oversupply most notably with
unit rentals. This is also said to be exacerbated by high
expectations on rental returns by interstate investors
resulting in vacancies taking longer on the market.
Local agents say that the increasing vacancy rate is
behind the easing in investor activity, which has removed
some of the unthinking heat from the Toowoomba property
market.

TOOWOOMBA (LGA) ~ * 40 $186,500 20.3% $163,000 5.8% 27.3%
TOOWOOMBA (LGA) ^ 22 $249,500 N/A $185,000 5.7% 17.8%
CAMBOOYA 1 N/A N/A $115,000 N/A N/A
GLENVALE * 1 N/A N/A $172,000 1.2% 35.2%
KLEINTON * 11 $206,000 N/A $200,000 32.5% 53.8%
MERINGANDAN WEST 3 N/A N/A $137,000 N/A N/A
MIDDLE RIDGE ~ * 4 N/A N/A $301,250 43.5% 54.5%
WESTBROOK * 2 N/A N/A $160,000 3.9% 48.1%
WYREEMA * 3 N/A N/A $147,000 N/A N/A
GOWRIE JUNCTION ^ ~ 2 N/A N/A $177,000 8.6% 22.1%
SURROUNDS
SOUTHERN DOWNS (LGA) ~ 12 N/A N/A $72,000 -8.9% -19.9%
SUBURB
NUMBER
OF SALES
MEDIAN
SALE
QTRLY
CHANGE
ANNUAL
MEDIAN
SALE
1YR
CHANGE
5YR
CHANGE
SUBURB
NUMBER
OF SALES
MEDIAN
SALE
QTRLY
CHANGE
ANNUAL
MEDIAN
SALE
1YR
CHANGE
5YR
CHANGE
POST MAR-15 MAR-14
CODE LOCALITYL
TOOWOOMBA (LGA) 509 $354,000 1.1% $347,000 7.1% 21.3%
TOOWOOMBA (LGA) ^ 92 $485,000 5.3% $480,000 1.6% 14.3%
CENTENARY HEIGHTS 33 $355,000 -1.9% $354,000 5.7% 24.6%
CROWS NEST 11 $269,000 N/A $268,000 9.4% 14.2%
DARLING HEIGHTS 19 $350,000 -1.4% $349,000 8.0% 19.7%
EAST TOOWOOMBA ~ 22 $467,500 17.5% $438,000 10.9% 19.0%
GLENVALE 24 $385,000 1.3% $380,000 12.4% 16.0%
GLENVALE ^ 10 $487,500 N/A N/A N/A N/A
HARLAXTON 6 N/A N/A $274,000 1.5% 17.8%
HARRISTOWN 35 $314,500 -4.3% $317,500 6.0% 24.0%
HIGHFIELDS 14 $500,750 -4.6% $499,500 9.2% 17.3%
HIGHFIELDS ^ 20 $505,050 -7.3% $524,000 4.8% 19.1%
KEARNEYS SPRING 21 $390,000 6.1% $387,500 10.7% 26.6%
KLEINTON 6 N/A N/A $505,000 13.2% N/A
MERINGANDAN WEST ^ 4 N/A N/A $395,000 21.5% 30.4%
MIDDLE RIDGE 35 $479,000 -11.3% $504,250 9.4% 14.6%
MOUNT LOFTY ~ 17 $460,000 17.9% $417,500 14.4% 26.3%
NEWTOWN 51 $333,750 7.7% $307,525 9.8% 22.5%
NORTH TOOWOOMBA ~ 14 $340,000 17.2% $316,750 11.6% 33.1%
OAKEY 11 $253,000 0.4% $230,000 3.9% 5.5%
PITTSWORTH 12 $295,000 3.7% $287,000 4.8% 2.9%
RANGEVILLE 38 $440,000 -4.3% $420,000 9.1% 13.5%
ROCKVILLE 13 $260,000 -7.5% $283,000 12.3% 10.4%
SOUTH TOOWOOMBA 19 $319,000 -5.9% $325,000 10.2% 26.0%
TOOWOOMBA CITY ~ 9 N/A N/A $330,000 4.3% 29.4%
WESTBROOK 12 $465,500 3.4% $452,500 5.5% 21.5%
WILSONTON 26 $317,500 0.8% $317,500 9.1% 15.5%
WILSONTON HEIGHTS 9 N/A N/A $288,000 5.9% 17.6%
WYREEMA 11 $335,000 -6.9% $341,500 N/A 11.1%
SURROUNDS
GOONDIWINDI (LGA) ~ 19 $230,000 9.5% $245,000 7.5% 0.0%
GOONDIWINDI 15 $264,000 2.6% $270,000 -3.6% -6.1%
SOUTHERN DOWNS (LGA) ~ 70 $225,000 -6.3% $237,000 -4.4% 0.9%
SOUTHERN DOWNS (LGA) ^ 23 $370,000 0.0% $320,000 6.5% 0.0%
STANTHORPE 18 $220,000 -9.1% $233,500 1.9% 0.6%
WARWICK 41 $237,000 -7.1% $241,000 -5.5% -3.6%
WESTERN DOWNS (LGA) ~ 36 $289,500 29.8% $250,000 -15.0% -2.8%
WESTERN DOWNS (LGA) ^ ~ 13 N/A N/A $350,000 -18.6% 8.5%
CHINCHILLA 13 $312,000 N/A $315,000 -9.2% 7.7%
DALBY ~ 18 $280,000 19.1% $250,000 -5.7% -9.1%
DALBY ^ 5 N/A N/A $436,500 -5.1% 2.0%
TOOWOOMBA (LGA) * t 107 $291,500 8.5% $295,000 9.3% 28.3%
CENTENARY HEIGHTS ~ 6 N/A N/A $267,000 -17.2% 3.9%
EAST TOOWOOMBA * t 12 $349,500 N/A $347,500 46.6% 47.9%
HARRISTOWN ~ 3 N/A N/A $218,500 -16.9% -19.2%
KEARNEYS SPRING * t 13 $304,000 10.5% $294,500 3.3% 17.8%
NEWTOWN * t 10 $248,250 -0.7% $270,000 13.9% 25.0%
RANGEVILLE 6 N/A N/A $348,000 9.1% N/A
SOUTH TOOWOOMBA * 2 N/A N/A $310,000 17.0% 30.8%
TOOWOOMBA CITY ~ 2 N/A N/A $242,094 -19.3% 18.7%
WILSONTON 8 N/A N/A $268,000 11.2% 16.5%
TOOWOOMBA REGIONAL $310 608 $300 710
4350 KEARNEYS SPRING $315 472 $310 549
4352 AMIENS $310 31 $325 29
4355 ANDURAMBA $260 11 $260 15
4356 PITTSWORTH $290 21 $260 23
4357 BRINGALILY $260 13 $270 5
4359 ASCOT $250 5 $250 8
4361 BACK PLAINS $230 10 $220 7
4401 ACLAND $280 23 $270 35
4614 NEUMGNA $240 6 $215 10
GOONDIWINDI REGIONAL $290 44 $270 37
4390 BILLA BILLA $295 37 $290 27
SOUTHERN DOWNS REGIONAL $250 148 $255 148
4362 ALLORA $240 9 $265 11
4370 ALLAN $255 81 $260 89
4380 AMIENS $250 41 $250 35
WESTERN DOWNS REGIONAL $260 162 $330 140
4405 BLAXLAND $260 79 $310 78
4413 BAKING BOARD $240 55 $410 32
4415 MILES $260 8 $400 15
4419 COCKATOO $220 7 $600 5
4421 GORANBA $220 6 N.A. 2
4350 KEARNEYS SPRING $255 395 $250 385
4401 ACLAND $215 5 $170 6
GOONDIWINDI REGIONAL $200 26 $180 35
4390 BILLA BILLA $200 26 $180 31
4370 ALLAN $220 45 $200 51
4380 AMIENS $195 19 $195 12
4405 BLAXLAND $195 34 $250 39
4413 BAKING BOARD $195 28 $380 18
4350 KEARNEYS SPRING $320 28 $310 28
4413 BAKING BOARD $230 7 $480 5

21
MARCH QUARTER 2015
SUNSHINE
COAST
58
117
54
119
<$350,000 $350,000+ $500,000+ $1m+
88
459
426
4662
443 445
55
<$350,000 $350,000+ $500,000+ $1m+
DEC 14 MAR 15
100
46
3
86
10
<$250,000 $250,000+ $350,000+ $500,000+ $1m+
179
419
321
165
33
239
493
431
202
32
<$250,000 $250,000+ $350,000+ $500,000+ $1m+
DEC 14 MAR 15
83
215
177
101
35
97
231 221
116
18
<$250,000 $250,000+ $350,000+ $500,000+ $1m+
DEC 14 MAR 15
<
<
<
19
14
18
23
<$250,000 $250,000+ $350,000+ $500,000+
344
59
19 4
339
81
29
3
<$250,000 $250,000+ $350,000+ $500,000+
DEC 14 MAR 15
91
36
9 9
73
17
9 8
<$250,000 $250,000+ $350,000+ $500,000+
DEC 14 MAR 15
49
26
19
13
52
26
14 15
<$250,000 $250,000+ $350,000+ $500,000+
DEC 14 MAR 15
The Sunshine Coast continues to be one of the strongest
performing regional centres, with the housing market, unit
market and rental market all firing.
Both the unit and house sales market continue to see
activity trend upwards with preliminary sales numbers over
the year to March up 10 and 11 per cent respectively for the
Sunshine Coast council area.
Generally speaking, tourism numbers are rebounding to
the Sunshine Coast, recovering from a flat couple of years
and retailers and food precincts are reportedly doing well.
This is bringing renewed activity in the real estate market to
popular beachside areas and beyond.
HOUSE MARKET
Despite a strong year to March, the March quarter saw
preliminary house sales in the Sunshine Coast council
area ease 3 per cent. Noosa however saw sales edge
up 3 per cent compared to the December quarter, with
prestige sales contributing to Noosa’s median house price
increase of 8.7 per cent.
Over the year to March 2015 the median house price for
the Sunshine coast was up a healthy 6.1 per cent while
Noosa recorded 6.7 per cent, evidence that the market is
well and truly on the way back to solid ground.
Across the Sunshine Coast region, average days on
market, reflecting increasing buyer demand, has dropped
from 96 last year to 87 in the year to February 2015.
Average vendor discounting has likewise continued
to trend down, sitting at 5.9 per cent over the year to
February, down from 6.3 per cent a year ago.
Local agents are reporting that houses are receiving
multiple offers for the first time in many years and
many houses selling for full price, without any vendor
discounting.
Length of time on the market however, according to
local agents, depends on the quality and location of the
property. Some stock will sell within the first week, while
other listings may sit for lengthier periods.
Over the year to February 2015, total house listings for
the Sunshine Coast region were up 7 per cent indicating
growing confidence in the regions property market.
UNIT MARKET
Over the March quarter the Sunshine Coast and Noosa
unit markets recorded varying results. On the Sunshine
Coast sales numbers were up 16 per cent, while Noosa
saw sales drop 7 per cent.
Local agents contend this is a reflection of people
being forced to the unit market due to housing’s lack of
affordability. Those units that have been doing well are
those that are close to the beach in small complexes.
This market is said to be dominated by downsizers and
owner-occupiers, and features very few first-home buyers.
Local agents report a jump at the top end of the market,
with a few record sales in the two million and three million
price range, despite a drop off in overall activity in the
million-plus price point for the quarter.
One agent reported selling a $2.3 million apartment in
Maroochydore, not on the waterfront, believing it to be a
six-year record for the area.
RENTAL MARKET
On the Sunshine Coast vacancy rates were up 0.8
percentage points to 1.9 per cent at the end of March,
albeit still remaining a tight market. Caloundra continues
to hold the lowest vacancy rate, along with the Noosa
council area, at 1 per cent.
According to local agents supply of rentals is being
reduced as more investors take advantage of the
strengthening sales market, with many sold to owner-
occupiers.
Due to the ongoing demand on the Sunshine Coast and
minimal new investor stock coming onto the market,
median rents are on their way up in some areas, with
three-bedroom houses in the Noosa area recorded the
highest increase of $45 in its median weekly rent, to $440
for the March quarter 2015.

Queensland Market Monitor - March Quarter 2015

Queensland Market Monitor - March Quarter 2015

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Queensland Market Monitor - March Quarter 2015