Queensland Market Monitor, June Quarter 2016

your state-wide property research guide suburb by suburb
REIQ
QUEENSLANDMARKETMONITORISSUE31
JUNQTR2016
>p3
QMM STATE-WIDE COMMENTARY
SEQ PROPERTY
PERFORMS WELL
Affordability, sustainable growth, and favourable
lifestyle factors, were three key factors driving
southern state investors to the Queensland residential
property market in the June quarter, according to data
released in the REIQ June Queensland Market Monitor.
Parts of the market have become an irresistible lure
for first-home buyers and the prevailing market
conditions, such as historic low interest rates,
affordable home prices, and steady capital growth
opportunities, have contributed to fewer tenants and
more first-home buyers and owner occupiers getting
into some areas of Queensland.
The state’s property market continued along its
divergent paths, with most of regional Queensland,
north of the Sunshine Coast, still experiencing very
challenging conditions and the southeast corner
generally growing consistently.
The stand-out regional markets of Cairns, Toowoomba,
the Gold and Sunshine Coasts are performing pretty
well, generally speaking, with tight vacancy rates,
steady gross rental yields, and rising capital values.
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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 least 20 sales for the quarter) at the time of
reporting are published.
Median price changes are influenced by varying quality of
properties sold.
N/A Due to insufficient sales numbers (as at the time
of data extraction) no median sale price has
been calculated.
N/D Not displayed due to price movements potentially
driven by type of stock transacting.
(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 2400m2
ON THE MARKET INDICATORS
At the time of publication, latest information available
was for the 12 months ending the month prior to end of
the quarter reporting period.
"Days on Market" is calculated as the median number of
days it has taken to sell those properties sold by private
treaty during the last 12 months. 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 median 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.
"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
Some 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
and compare it with historical data.
Source: REIQ, data obtained from CoreLogic RPData
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.
VACANCY RATES
All figures are based upon all residential rentals as at
the end of each quarterly period, as submitted by REIQ
accredited agents.
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 on
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
JUNE QUARTER 20163 QUEENSLAND MARKET MONITOR
Queensland market update 1
REIQ Explanatory notes 2
Brisbane market updates
Brisbane Comparison
to Capital Cities 7
Greater Brisbane 10
Brisbane LGA 16
Regional market updates
Gold Coast 22
Toowoomba 26
Sunshine Coast 30
Fraser Coast 34
Bundaberg 36
Gladstone 38
Rockhampton 40
Mackay 42
Townsville 44
Cairns 48
Other Regional 51
On The Market Indicators 52
Total Listings
% Stock on Market
Median Vendor Discount
Median Days on Market
Rental Market Indicators 54
Gross rental yields
Residential vacancy rates
TABLE OF CONTENTS
REIQ STATE-WIDE
COMMENTARY CONTINUED
In contrast, Bundaberg, Fraser Coast, Gladstone,
Rockhampton, Mackay, and to a lesser extent Townsville,
continue to operate in challenging conditions, largely
as a consequence of the resources downturn. State
Government measures to create jobs and boost the local
economies have been announced and the impact of
these programs is eagerly anticipated.
The REIQ is continuing to lobby government for
measures that will benefit the residential property market
throughout the state, including broadening the first-
home buyers’ grant to established homes, and removing
the foreign buyer surcharge of 3%. These are barriers that
prevent buyers accessing the market at a time when our
market needs to welcome all buyers.
>p4
The Real Estate Institute of Queensland Ltd. Copyright 2014
21 Turbo Drive, Coorparoo, PO Box 1555, Coorparoo DC Q 4151
Ph: (07) 3249 7347 Fax: (07) 3249 6211
Email: research@reiq.com.au
Managing Editor:
Felicity Moore
T. 07 3249 7300
E. fmoore@reiq.com.au
Research Analyst:
Karina Salas
T. 07 3249 7301
E. ksalas@reiq.com.au
Graphic Designer:
Holly Tape
T. 07 3249 7312
E. htape@reiq.com.au
Source: REIQ, data obtained from CoreLogic RPData

STATE-WIDE SUMMARY
HOUSE MARKET
The house market this quarter marginally improved
over the March quarter. In this edition of the QMM,
the REIQ has introduced reporting on the state-wide
median prices.
The median house price for Queensland was $455,000,
representing a fractional increase of 0.28 per cent over
last quarter. The more meaningful data is the annual
median sale price, which was $453,00 0 for the June
quarter, an increase of 2.95 per cent compared with
12 months ago and a solid 10.49 per cent over five
years ago.
This is a clear indication that the Queensland residential
property market is finally emerging from the vestiges of
the GFC and is shaking off the resources downturn, as
much as possible.
Four out of 11 markets reported growth this quarter,
one more market than last quarter and the volume
of growth this quarter across all markets was greater
than last quarter.
However, there are parts of the state that are still
struggling. The western mining towns of Moranbah,
Blackwater, and Emerald will take longer to recover. The
good news is that the spot price of coking coal rose to
$170/tonne in September, and if this holds, there could
be positive news on the horizon for these towns.
The coastal centres of Gladstone, Fraser Coast,
Rockhampton, Mackay and Bundaberg are still below
where they were five years ago. Some suburbs of
Mackay, including Blacks Beach, North Mackay and
South Mackay, are around 30 per cent below their five-
year waterline.
However, regional areas such as the Gold Coast, the
Sunshine Coast, Toowoomba and Cairns, have performed
well and the Brisbane and surrounding areas have also
performed very strongly, to pull the state through the
recent difficulties.
UNIT MARKET
The unit market in Brisbane City (CBD) has continued
to face the question of oversupply, and so far the data
does not support that verdict. The median unit price in
inner Brisbane grew 4.2 per cent in the June quarter, to
$500,000. The annual median unit price of $488,000 is 1.5
per cent lower than 12 months ago, when it was $495,000
but the current levels are still above five years ago, by 3.5
per cent.
The Bundaberg market experienced a surge of 16 per
cent, however, with a fall last quarter of 8.9 per cent
it’s clear this market is still very volatile. Removing the
outlier of Bundaberg, the strongest market was Cairns,
which grew 3.9 per cent.
The biggest June quarter fall in median unit prices was
the Sunshine Coast, which contracted 5.0 per cent. The
Gold Coast grew 1.6 per cent and Brisbane held steady
with zero growth, zero fall.
However, elsewhere in the state the unit market has
stalled. In Gladstone and Rockhampton there were
not enough sales in either market to report on any
meaningful trends. All other markets contracted.
RENTAL MARKET
The vacancy rates throughout the southeast corner are
healthy to tight, which is putting pressure on rents and
gross rental yields – good news for investors, but tougher
news for renters.
However, tenants are finding the economy good
for getting into home ownership and local agents
throughout parts of the southeast corner were reporting
that tenants were breaking leases to take advantage of
low interest rates and buy their own property.
Three-bed houses on the Gold Coast were the most
expensive in the state, commanding $460 in median
weekly rent. This was closely followed by Noosa ($445
a week) and the Sunshine Coast ($430 a week) with
Brisbane in fourth spot, bringing in $420 a week in
median rent.
As with the median sale price trends, regional cities
north of the Sunshine Coast (except Cairns) experienced
the highest vacancy rates – Livingstone Shire (12.3 per
cent), Gladstone (10.2 per cent), Burdekin (7.8 per cent),
Mackay (7.7 per cent) and Rockhampton (6.5 per cent),
were the five highest in Queensland.
The five tightest markets in Queensland for the June
quarter were Caloundra (1.0 per cent), Maroochy (1.0),
Ipswich (1.1 per cent), Sunshine Coast (1.2 per cent) and
Gold Coast (1.4 per cent).
The median house price for
Queensland was $455,000,
representing a fractional
increase of 0.28 per cent
over last quarter. The more
meaningful data is the annual
median sale price, which was
$453,00 0 for the June quarter,
an increase of 2.95 per cent
compared with 12 months
ago and a solid 10.49 per cent
over five years ago.

5
STATE-WIDE SUMMARY
JUNE QUARTER 2016
STATE-WIDE STATISTICS
50,000
60,000
70,000
80,000
90,000
100,000
110,000
$250,000
$300,000
$350,000
$400,000
$450,000
$500,000
Jan-06
May-06
Sep-06
Jan-07
May-07
Sep-07
Jan-08
May-08
Sep-08
Jan-09
May-09
Sep-09
Jan-10
May-10
Sep-10
Jan-11
May-11
Sep-11
Jan-12
May-12
Sep-12
Jan-13
May-13
Sep-13
Jan-14
May-14
Sep-14
Jan-15
May-15
Sep-15
Jan-16
May-16
NumberofSales
MedianSalePrice
Queensland House Market
Annual Median Sale Price Annual Number of Sales
20,000
25,000
30,000
35,000
40,000
45,000
50,000
55,000
$250,000
$270,000
$290,000
$310,000
$330,000
$350,000
$370,000
$390,000
Jan-06
May-06
Sep-06
Jan-07
May-07
Sep-07
Jan-08
May-08
Sep-08
Jan-09
May-09
Sep-09
Jan-10
May-10
Sep-10
Jan-11
May-11
Sep-11
Jan-12
May-12
Sep-12
Jan-13
May-13
Sep-13
Jan-14
May-14
Sep-14
Jan-15
May-15
Sep-15
Jan-16
May-16
NumberofSales
MedianSalePrice
Queensland Unit Market
10,000
15,000
20,000
25,000
30,000
35,000
40,000
$100,000
$120,000
$140,000
$160,000
$180,000
$200,000
$220,000
$240,000
Jan-06
May-06
Sep-06
Jan-07
May-07
Sep-07
Jan-08
May-08
Sep-08
Jan-09
May-09
Sep-09
Jan-10
May-10
Sep-10
Jan-11
May-11
Sep-11
Jan-12
May-12
Sep-12
Jan-13
May-13
Sep-13
Jan-14
May-14
Sep-14
Jan-15
May-15
Sep-15
Jan-16
May-16
NumberofSales
MedianSalePrice
Queensland Land Market
FALLING
STEADY
STABILISINGRECOVERING
STEADY
RISING
QUEENSLAND HOUSE MARKETS
June Qtr 2016
Gold Coast
Sunshine Coast (SD)
Brisbane (SD)
Cairns
Source: REIQ
Based on the previous 4 quarters median sale price change and the anual change
Mackay
Gladstone
Rockhampton
Townsville
Bundaberg
Fraser Coast
Toowoomba
FALLING
STEADY
STEADY
RISING
QUEENSLAND UNITS MARKETS
June Qtr 2016
Bundaberg
Sunshine Coast (SD)
Gold Coast
Cairns
Mackay
Rockhampton
Townsville
Fraser Coast
Toowoomba
Brisbane (SD)
Gladstone
Source: REIQ
50,000
60,000
70,000
80,000
90,000
100,000
110,000
$250,000
$300,000
$350,000
$400,000
$450,000
$500,000
Jan-06
May-06
Sep-06
Jan-07
May-07
Sep-07
Jan-08
May-08
Sep-08
Jan-09
May-09
Sep-09
Jan-10
May-10
Sep-10
Jan-11
May-11
Sep-11
Jan-12
May-12
Sep-12
Jan-13
May-13
Sep-13
Jan-14
May-14
Sep-14
Jan-15
May-15
Sep-15
Jan-16
May-16
NumberofSales
MedianSalePrice
Queensland House Market
20,000
25,000
30,000
35,000
40,000
45,000
50,000
55,000
$250,000
$270,000
$290,000
$310,000
$330,000
$350,000
$370,000
$390,000
Jan-06
May-06
Sep-06
Jan-07
May-07
Sep-07
Jan-08
May-08
Sep-08
Jan-09
May-09
Sep-09
Jan-10
May-10
Sep-10
Jan-11
May-11
Sep-11
Jan-12
May-12
Sep-12
Jan-13
May-13
Sep-13
Jan-14
May-14
Sep-14
Jan-15
May-15
Sep-15
Jan-16
May-16
NumberofSales
MedianSalePrice
Queensland Unit Market
10,000
15,000
20,000
25,000
30,000
35,000
40,000
$100,000
$120,000
$140,000
$160,000
$180,000
$200,000
$220,000
$240,000
Jan-06
May-06
Sep-06
Jan-07
May-07
Sep-07
Jan-08
May-08
Sep-08
Jan-09
May-09
Sep-09
Jan-10
May-10
Sep-10
Jan-11
May-11
Sep-11
Jan-12
May-12
Sep-12
Jan-13
May-13
Sep-13
Jan-14
May-14
Sep-14
Jan-15
May-15
Sep-15
Jan-16
May-16
NumberofSales
MedianSalePrice
Queensland Land Market
REGION PROPERTY TYPE
NUMBER OF
SALES
MEDIAN SALE QTRL CHANGE
ANNUAL
NUMBER OF
SALES
ANNUAL MEDIAN
SALE
1YR CHANGE 5YR CHANGE
ANNUAL MEDIAN
SALE (5YRS AGO)
ANNUAL
NUMBER OF
SALES (PREV
YEAR)
QUEENSLAND HOUSES 12005 $455,000 0.28% 60594 $453,000 2.95% 10.49% $410,000 64219
QUEENSLAND HOUSES ^ 1749 $520,000 0.39% 9400 $520,000 4.00% 9.47% $475,000 9755
QUEENSLAND UNITS 6025 $375,000 -0.19% 34158 $376,000 -0.27% 3.79% $362,276 39638
QUEENSLAND LAND 1765 $215,000 -1.78% 13254 $219,000 4.29% 17.43% $186,500 16775
QUEENSLAND LAND ^ 362 $220,000 -10.02% 2303 $242,500 3.19% 31.08% $185,000 2485
FALLING
STEADY
STEADY
RISING
QUEENSLAND UNITS MARKETS
June Qtr 2016
Bundaberg
Sunshine Coast (SD)
Gold Coast
Cairns
Mackay
Rockhampton
Townsville
Fraser Coast
Toowoomba
Brisbane (SD)
Gladstone
Source: REIQ

STATE-WIDE SUMMARY
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7
STATE-WIDE SUMMARY
JUNE QUARTER 2016
UNIT MARKET
The Brisbane median sale price over the quarter was
$395,000 compared to $680,500 in Sydney and $489,000
in Melbourne.
Sydney has the largest number of unit listings at
about 32,000, followed by Melbourne at 28,000 and
Brisbane at 16,000.
Median days on market and vendor discounting for units
generally exceed the median days on market and median
discounting for houses. Brisbane days on market and
vendor discounting are sitting in the middle range across
the capital cities at 47 days and 3.9 per cent, respectively.
BRISBANE
COMPARISON TO
CAPITAL CITIES
Brisbane remains as one the most affordable cities in
Australia over the June 2016 quarter for both houses and
units, ranking as the third-most affordable capital city after
Greater Hobart and Adelaide.
The market indicators (days on market and vendor
discount) for Brisbane are generally stronger compared
to other capital cities such as Adelaide, Canberra, Perth
and Darwin.
HOUSE MARKET
The Brisbane quarterly median sale price was $505,000
compared to $885,210 in Sydney, $612,000 in Melbourne,
$611,000 in Canberra, $560,000 in Darwin and $525,000
in Perth. A similar trend and ranking was reported in the
annual median sale price of the capital cities.
Melbourne is reporting the largest number of annual
listings of about 66,000 compared to Sydney's of 61,000
and Brisbane's 45,000.
Brisbane market indicators are relatively strong
compared with other capital cities.
The median days on market are slightly more than one
month, just behind Melbourne and Sydney.
Canberra has the lowest vendor discounting at just
2.5 per cent. Melbourne and Sydney are next with a
median vendor discount of 3.8 per cent and 4 per cent
respectively. Brisbane is median vendor discounting is
just slightly higher at 4.1 per cent.
CAPITAL CITIES COMPARISON
HOUSES UNITS
CAPITAL
CITIES*
MEDIAN
SALES
PRICE
(QUARTER)
NUMBER
OF SALES
(QUARTER)
ANNUAL
MEDIAN
SALES
PRICE
ANNUAL
NUMBER
OF
SALES
ANNUAL
CHANGE
IN MEDIAN
SALE
PRICE
ANNUAL
LISTINGS
MEDIAN
DAYS
ON
MARKET
(DAYS)
MEDIAN
VENDOR
DISCOUNT
AVERAGE
HOLD
PERIOD
(YEARS)
MEDIAN
SALES
PRICE
(QUARTER)
NUMBER
OF SALES
(QUARTER)
ANNUAL
MEDIAN
SALES
PRICE
ANNUAL
NUMBER
OF
SALES
ANNUAL
CHANGE
IN MEDIAN
SALE
PRICE
ANNUAL
LISTINGS
MEDIAN
DAYS
ON
MARKET
(DAYS)
MEDIAN
VENDOR
DISCOUNT
AVERAGE
HOLD
PERIOD
(YEARS)
ADELAIDE $440,000 5,370 $430,000 20,707 3.6% 17,995 48 -4.5% 8.7 $350,000 1,834 $345,000 7,022 1.5% 5,746 53 -4.7% 8.6
BRISBANE $505,000 7,966 $500,000 36,520 3.1% 45,477 34 -4.1% 10.6 $395,000 2,930 $405,000 15,751 -1.2% 15,494 47 -3.9% 8.7
CANBERRA $611,000 1,080 $604,500 4,298 6.1% 4,487 44 -2.5% 10.3 $405,000 658 $415,000 3,277 0.0% 2,679 63 -3.4% 9.2
DARWIN $560,000 299 $570,000 1,357 -0.8% 1,642 85 -6.9% 7.9 $465,000 171 $458,900 800 0.9% 991 97 -8.1% 7.3
GREATER
HOBART
$365,000 779 $360,000 3,488 2.1% 4,677 37 -4.8% 9.9 $285,000 272 $288,750 1,073 6.9% 1,376 40 -3.7% 9.2
MELBOURNE $612,000 12,356 $605,000 59,068 8.5% 66,249 29 -3.8% 11.8 $489,000 5,801 $485,000 27,774 3.2% 27,227 40 -4.0% 9.7
PERTH $525,000 6,196 $530,000 24,757 -3.6% 34,207 55 -5.5% 9.4 $415,000 1,229 $420,000 5,026 -4.5% 8,125 64 -6.3% 9.0
SYDNEY $885,210 11,962 $890,000 51,793 11.1% 60,896 29 -4.0% 11.6 $680,500 7,515 $678,000 32,772 9.4% 31,696 26 -3.5% 8.5
* All figures for 12 months, ending 31 May 2016
Brisbane remains as one
the most affordable cities
in Australia over the June
2016 quarter for both
houses and units, ranking
as the third-most affordable
capital city after Greater
Hobart and Adelaide.

STATE-WIDE SUMMARY
HOUSES (<2400) UNITS & TOWNHOUSES VACANT LAND (<2400)
LGA/REGION MEDIAN SALE PRICE QTRLY CHANGE MEDIAN SALE PRICE QTRLY CHANGE MEDIAN SALE PRICE QTRLY CHANGE
QUEENSLAND
QUEENSLAND $455,000 0.3% $375,000 -0.2% $215,000 -1.8%
GREATER BRISBANE
BRISBANE SD $495,000 1.2% $400,000 0.0% $223,000 -4.3%
BRISBANE $635,000 1.3% $440,000 -0.2% $366,000 -1.1%
IPSWICH $320,000 -0.3% $238,000 -11.9% $186,400 -4.4%
LOGAN $376,000 0.0% $240,000 -3.7% $189,875 -5.8%
MORETON BAY $410,000 -1.8% $336,500 4.3% $245,000 -2.6%
REDLAND $490,000 -2.0% $381,250 1.0% N/D N/D
TOURISM CENTRES
GOLD COAST $580,156 3.6% $390,000 1.6% $240,000 0.4%
SUNSHINE COAST SD $525,000 1.0% $370,500 -5.0% $267,000 6.8%
SUNSHINE COAST $520,000 1.9% $365,000 -2.7% $255,000 6.3%
NOOSA $610,000 3.0% $467,500 2.4% $350,000 23.9%
FRASER COAST $290,000 -3.8% $250,000 -4.9% $150,000 1.7%
CAIRNS $390,000 0.0% $239,000 3.9% $221,000 8.3%
REGIONAL CENTRES
BUNDABERG $260,000 -5.5% $287,000 16.7% $146,950 -1.0%
GLADSTONE $331,250 -6.7% N/A N/A N/A N/A
MACKAY $316,500 -6.9% $235,000 -2.1% N/A N/A
ROCKHAMPTON $260,000 -3.7% N/A N/A N/A N/A
TOOWOOMBA $343,000 -2.3% $301,500 -2.7% $174,500 0.4%
TOWNSVILLE $339,685 2.9% $280,000 -1.8% $156,450 -5.2%
ON THE
MARKET"
HOUSES (ALL) UNITS (ALL)
LGA/REGION
TOTAL
LISTINGS
STOCK
ON
MARKET
DAYS ON
MARKET
VENDOR
DISCOUNT
TOTAL
LISTINGS
STOCK
ON
MARKET
DAYS ON
MARKET
VENDOR
DISCOUNT
QUEENSLAND
QUEENSLAND 108,706 7.9% 44 -5.0% 40,492 9.0% 53 -4.4%
GREATER BRISBANE
BRISBANE SD 45,477 7.2% 34 -4.1% 15,494 8.0% 47 -3.9%
BRISBANE 20,118 6.6% 28 -4.1% 10,614 7.3% 41 -3.8%
IPSWICH 4,464 7.2% 47 -4.6% 535 10.4% 79 -5.1%
LOGAN 6,839 7.7% 36 -4.0% 1,523 10.7% 55 -4.1%
MORETON BAY 9,897 7.6% 39 -3.9% 2,087 9.3% 71 -4.3%
REDLAND 4,159 8.3% 42 -4.1% 735 10.3% 59 -4.4%
TOURISM CENTRES
GOLD COAST 10,317 8.2% 35 -4.2% 11,948 9.8% 52 -4.4%
SUNSHINE COAST SD 8,872 8.6% 54 -4.4% 4,903 10.0% 69 -4.7%
SUNSHINE COAST 7,065 8.5% 49 -4.2% 3,839 10.0% 65 -4.5%
NOOSA 1,807 9.3% 76 -5.4% 1,064 10.2% 85 -5.0%
FRASER COAST 3,710 9.9% 87 -6.7% 597 12.9% 91 -6.4%
CAIRNS 3,604 8.0% 52 -5.6% 2,141 9.9% 66 -5.5%
REGIONAL QLD
BUNDABERG 2,943 8.8% 67 -6.8% 428 11.6% 97 -6.4%
GLADSTONE 1,513 6.9% 79 -9.6% 250 6.5% 117 -8.9%
MACKAY 2,580 6.7% 82 -11.0% 475 7.5% 116 -15.4%
ROCKHAMPTON 2,276 8.2% 69 -8.1% 186 7.9% 80 -5.3%
TOOWOOMBA 4,275 8.6% 49 -5.0% 670 8.8% 64 -4.4%
TOWNSVILLE 4,146 6.8% 70 -8.2% 1,206 9.7% 78 -8.0%
"All figures are for the 12 months ending May-16
SD - Statistical Division: Brisbane SD (Brisbane, Ipswich, Logan, Moreton Bay & Redland);
Sunshine Coast SD (Sunshine Coast & Noosa)
N/A: Not available due to insufficient sales numbers
N/D: Not displayed due to price movements potentially driven by type of stock transacting

9
STATE-WIDE SUMMARY
JUNE QUARTER 2016
FOR FULL ON THE MARKET AND RENTAL MARKET STATISTICS
BY LOCAL GOVERNMENT AREA, SEE PAGE 52-54
VACANCY RATES
LGA/REGION JUN-16 TREND
GREATER BRISBANE
BRISBANE SD 2.5% STEADY
BRISBANE 2.8% STEADY
IPSWICH 1.1% DOWN
LOGAN 2.8% UP
MORETON BAY 1.7% DOWN
REDLAND 2.3% UP
TOURISM CENTRES
GOLD COAST 1.4% STEADY
SUNSHINE COAST SD 1.4% STEADY
SUNSHINE COAST 1.2% STEADY
NOOSA 2.4% UP
FRASER COAST 4.1% UP
CAIRNS 1.9% STEADY
REGIONAL QLD
BUNDABERG 6.3% UP
GLADSTONE 10.2% DOWN
MACKAY 7.7% DOWN
ROCKHAMPTON 6.5% DOWN
TOOWOOMBA 2.3% DOWN
TOWNSVILLE 5.7% STEADY
See page 54 for full vacancy rate data
* change greater than $20 (rents) or 0.5 pts (yields)
RENTAL TRENDS MEDIAN WEEKLY RENT GROSS RENTAL YIELDS
LGA/REGION 3-BED HOUSE 2-BED FLAT 3-BED TOWNHOUSE HOUSES UNITS
GREATER BRISBANE
QUARTERLY
TREND
QUARTERLY
TREND
QUARTERLY
TREND
QUARTERLY
TREND
QUARTERLY
TREND
BRISBANE $420 DOWN $400 DOWN $420 DOWN 3.4% STEADY 4.7% STEADY
IPSWICH $300 DOWN $265 UP $325 UP 4.9% STEADY 5.8% STEADY
LOGAN $350 UP $270 STEADY $335 DOWN 4.8% STEADY 5.9% STEADY
MORETON BAY $350 STEADY $285 STEADY $350 UP 4.4% STEADY 4.4% DOWN
REDLAND $395 UP $340 DOWN $400 UP 4.2% STEADY 4.6% STEADY
TOURISM CENTRES
GOLD COAST $460 STEADY $395 STEADY $400 DOWN 4.1% STEADY 5.3% STEADY
SUNSHINE COAST $430 STEADY $340 STEADY $410 STEADY 4.3% STEADY 4.8% STEADY
NOOSA $445 DOWN $390 STEADY $500 DOWN* 3.8% DOWN* 4.3% STEADY
FRASER COAST $290 STEADY $245 DOWN $320 UP 5.2% STEADY 5.1% STEADY
CAIRNS $360 STEADY $285 DOWN $330 DOWN* 4.8% STEADY 6.2% DOWN*
REGIONAL QLD
BUNDABERG $280 STEADY $230 STEADY $285 STEADY 5.6% UP 4.2% DOWN*
GLADSTONE $220 DOWN* $160 DOWN* $215 DOWN* 3.5% DOWN 3.3% STEADY
MACKAY $280 DOWN $200 STEADY $290 DOWN 4.6% STEADY 4.4% DOWN
ROCKHAMPTON $280 DOWN $200 DOWN* $340 STEADY 5.6% STEADY 4.3% STEADY
TOOWOOMBA $300 STEADY $245 DOWN $340 UP 4.5% STEADY 4.2% STEADY
TOWNSVILLE $300 DOWN $250 DOWN $300 DOWN* 4.6% STEADY 4.6% DOWN*
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BRISBANE MARKET UPDATES
GREATER BRISBANE
The long lead up to the federal election reduced demand
in the property market over the June quarter and Brisbane
statistical division was not isolated from this event.
Despite the negative impact, the residential property
market, particularly the house market, in Outer Brisbane
remained stable and confidence returned to the market
after the election.
The quarterly median sale price for houses in Brisbane SD
increased by 1.2 per cent over the June quarter. However,
Redland and Moreton Bay median sale price contracted,
while Ipswich and Logan remained relatively unchanged.
The unit median sale price in Brisbane SD remained at
$400,000 over the quarter. However, over the past 12
months, the annual median sale price has reduced by
1.8 per cent, pulled down by median contractions in
Redland, Logan and Ipswich.
Outer Brisbane remains an affordable residential property
market and also an attractive investment opportunity
for interstate investors. Affordability and proximity to the
third-largest capital city in Australia continues to attract
buyer interest.
Areas such as the masterplanned community at
Rochedale estate in Logan and the Aveo retirement
complex in Springfield (Ipswich) are bringing growth
to Outer Brisbane.
The Rochedale estate is currently in its fifth stage, with an
expected total project investment of $380 million. Since
release in 2011, Aveo Property Group has sold more than
600 residential lots. Similarly, the $1.7 billion Avecomplex
in Springfield is well under way.
Moreton Bay is now seeing an injection from the State
Government through investment in the Bruce Highway
upgrades and the Moreton Bay rail line upgrade.
The Outer Brisbane residential property market
performance remains positive for houses while the unit
market may struggle in some areas. However, the outlook
for the property market in Outer Brisbane is positive due
to the scale of economic activity in the region.
HOUSE MARKET
Redland recorded the largest contraction in the median
sale price of 2 per cent, followed by a 1.8 per cent fall
in Moreton Bay. Ipswich and Logan median sale price
remained relatively stable over the quarter.
Logan and Moreton Bay recorded the largest annual
median sale price increase of 4.2 per cent and 4 per
cent, respectively. While Redland recorded the largest
five-year increase in median sale price of 9 per cent.
Local real estate agents noted an increase in enquiries
for appraisals. However, the conversion from appraisals
to listings is becoming very challenging. Another
challenge in Outer Brisbane is the lack of quality stock in
the property market and when quality stock is released,
the property sells very quickly and with multiple offers.
This is in line with the 12 months reduction to May
2016 in the median days on market and median vendor
discount throughout all the Outer Brisbane areas. Over
the past 12 months to May 2016, the number of listings
has also contracted in Ipswich and Moreton Bay.
Market trend statistics show a good performance in
all areas in Outer Brisbane with days on market sitting
well below two months and vendor discount sitting
below 4.7 per cent.
Buyers are primarily first home buyers and families looking
to upgrade. The largest volume of sales in Logan, Moreton
Bay and Redland is sitting between $350,000 and $500,000.
Ipswich is the most affordable area in Greater Brisbane with
the largest volume of sale being below $350,000.
UNIT MARKET
The unit market in Outer Brisbane continued contracting
over the June quarter with Ipswich and Logan, showing a
reduction in the median sale price. Moreton Bay median
sale price recovered after two consecutive large drops
in March and December quarters. Ipswich recorded the
largest contraction in the quarter of 11.9 per cent, with the
median sale price reducing from $270,000 to $238,000.
The market activity, measured by the volume of sales,
reduced across all areas in Outer Brisbane over the
quarter and the past 12 months. The number of unit
listings across Outer Brisbane, on the other hand,
increased or remained unchanged on relative terms.
These trends triggered an increase in the stock on
market in Brisbane statistical division from 7.4 per cent
in May 2015 to 8 per cent in May 2016.
The unit market, in some instances, is experiencing
longer days on market and higher vendor discount
compared to the house market. However, the market
trend indicators remain at acceptable levels with days
on market fluctuating between 1.5 and 2.5 months and
vendor discount generally fluctuating between 4 and 5
per cent throughout Greater Brisbane.
Brisbane statistical division median sale price for units
showed an increase of 4.8 per cent over a five-year
period to June 2016. The increase was primarily driven
by price increases in Brisbane, Moreton Bay, Redland
and Ipswich. Logan was the only local government area
in Outer Brisbane reporting a medium term drop in the
vicinity of 11.3 per cent.

11JUNE QUARTER 2016
RENTAL MARKET
The rental market in Outer Brisbane is generally
performing in the tight range with vacancy rates of 1.1
per cent in Ipswich, 1.7 per cent in Moreton Bay and
2.3 per cent in Redland. Logan vacancy rate is sitting at
2.8 per cent, which is considered to be operating in the
healthy range.
New homes in the rental market are performing well
with the median weekly rent for three-bedroom houses
in Logan and Moreton Bay increasing by $5 over the 12
months to June 2016. The median weekly rent for three-
bedroom houses in Redland and Ipswich remained
unchanged over 12 months.
The rental unit market is more competitive than
the rental house market. However, median weekly
rent for two-bedroom units and three-bedroom
townhouses generally showed a small increase or
remained unchanged.
The gross rental yields for houses fluctuated between
four and five per cent in June with Ipswich reporting
the largest gross yields for houses of 4.9 per cent and
Logan reporting the largest gross rental yield for units
of 5.9 per cent.
BRISBANE (SD) 6397 $495,000 1.2% $490,000 3.2% 10.1% $445,000
BRISBANE (SD) ^ 532 $600,000 -2.4% $600,000 3.5% 6.2% $565,000
IPSWICH (LGA) 632 $320,000 -0.3% $322,000 1.6% 2.9% $313,000
IPSWICH (LGA) ^ 59 $550,000 5.8% $505,000 7.5% 0.0% $505,000
AUGUSTINE HEIGHTS 19 N/A N/A $512,500 -0.5% 6.1% $483,000
BELLBIRD PARK 15 N/A N/A $332,500 2.0% 5.9% $314,000
BASIN POCKET 8 N/A N/A $244,250 9.3% 10.0% $222,000
BOOVAL 14 N/A N/A $279,000 3.3% 2.4% $272,500
BRASSALL 36 $334,500 2.3% $327,250 2.4% -1.2% $331,250
BUNDAMBA 17 N/A N/A $286,000 2.3% 4.0% $275,000
CAMIRA 22 $380,000 3.4% $365,000 4.6% 8.0% $338,000
COALFALLS 6 N/A N/A $310,000 6.2% -0.8% $312,500
COLLINGWOOD PARK 21 $313,500 -1.4% $318,000 4.3% 1.0% $315,000
DEEBING HEIGHTS 5 N/A N/A $379,000 -1.6% -19.8% $472,500
EAST IPSWICH 7 N/A N/A $280,000 4.7% 5.7% $265,000
EASTERN HEIGHTS 22 $297,000 8.0% $275,000 1.9% 0.0% $275,000
FLINDERS VIEW 24 $370,000 1.0% $362,000 4.4% 4.0% $348,000
GAILES 7 N/A N/A $255,000 7.9% 2.8% $248,000
GOODNA 33 $315,500 3.0% $305,000 7.0% 6.1% $287,500
IPSWICH 9 N/A N/A $300,000 -12.7% 0.0% $300,000
KARALEE ^ 17 N/A N/A $551,250 9.2% 4.4% $528,000
LEICHHARDT 19 N/A N/A $223,500 1.6% -4.9% $235,000
NEWTOWN 7 N/A N/A $295,000 -9.2% -13.0% $339,000
NORTH BOOVAL 7 N/A N/A $270,000 5.1% -1.8% $275,000
NORTH IPSWICH 26 $271,500 -7.6% $275,000 4.6% 0.0% $275,000
ONE MILE 11 N/A N/A $235,000 -2.1% -0.8% $237,000
RACEVIEW 33 $312,750 3.1% $310,000 1.0% 3.3% $300,000
REDBANK 7 N/A N/A $308,000 5.3% -0.6% $310,000
REDBANK PLAINS 74 $322,000 0.6% $320,000 3.6% 8.5% $295,000
RIPLEY 1 N/A N/A $341,000 4.9% 3.1% $330,750
RIVERVIEW 15 N/A N/A $245,000 11.1% 6.5% $230,000
ROSEWOOD 5 N/A N/A $249,000 -8.8% -11.1% $280,000
SADLIERS CROSSING 4 N/A N/A $339,000 19.0% 17.9% $287,500
SILKSTONE 19 N/A N/A $289,500 13.3% 12.6% $257,000
SPRINGFIELD 21 $410,358 -2.3% $405,000 5.2% 11.3% $364,000
SPRINGFIELD LAKES 65 $427,000 3.1% $419,500 1.1% 7.3% $391,000
WOODEND 4 N/A N/A $285,000 -6.6% -16.2% $340,000
WULKURAKA 5 N/A N/A $312,000 10.4% 0.6% $310,000
YAMANTO 12 N/A N/A $382,500 -7.8% 9.3% $350,000
LOGAN (LGA) 851 $376,000 0.0% $370,000 4.2% 4.2% $355,000
LOGAN (LGA) ^ 181 $552,500 -1.3% $550,000 5.8% 10.0% $500,000
BEENLEIGH 24 $325,000 0.0% $315,000 1.6% -1.8% $320,762
BETHANIA 16 N/A N/A $320,000 6.7% 6.7% $300,000
BORONIA HEIGHTS 23 $347,500 1.2% $330,000 4.5% 7.0% $308,500
BROWNS PLAINS 13 N/A N/A $326,105 5.0% 7.4% $303,500
CEDAR GROVE ^ 5 N/A N/A $446,000 6.4% 14.0% $391,250
CEDAR VALE ^ 18 N/A N/A $468,500 4.1% 6.7% $439,000
CHAMBERS FLAT ^ 2 N/A N/A $587,500 13.5% 33.5% $440,000
CORNUBIA ^ 6 N/A N/A $760,000 2.0% 19.2% $637,500
CORNUBIA 16 N/A N/A $490,000 -3.9% 4.3% $469,750
CRESTMEAD 50 $325,750 1.2% $319,250 6.2% 3.9% $307,250
DAISY HILL 27 $483,000 6.2% $462,500 2.4% 5.7% $437,500
EAGLEBY 50 $302,500 0.8% $290,000 8.4% 4.0% $278,750
EDENS LANDING 22 $373,500 1.4% $350,000 6.2% -1.8% $356,250
FORESTDALE ^ 7 N/A N/A $745,000 8.0% 15.5% $645,000
GREENBANK ^ 16 N/A N/A $560,000 6.7% 10.2% $508,000
HERITAGE PARK 16 N/A N/A $428,000 5.4% 12.6% $380,000
HILLCREST 23 $329,167 -8.6% $350,500 5.5% 2.4% $342,250
HOLMVIEW 3 N/A N/A $355,000 -0.8% 10.1% $322,500
JIMBOOMBA 12 N/A N/A $389,000 5.3% 1.0% $385,000
JIMBOOMBA ^ 29 $499,000 2.4% $480,000 5.5% 4.6% $458,750
KINGSTON 47 $310,000 7.3% $305,000 9.3% 11.4% $273,750
LOGAN CENTRAL 16 N/A N/A $312,000 10.7% 17.7% $265,000
LOGAN RESERVE 10 N/A N/A $368,550 -3.3% 9.4% $337,000
LOGAN VILLAGE ^ 11 N/A N/A $521,000 5.9% 15.1% $452,500
LOGANHOLME 20 $378,750 -5.3% $395,100 6.8% 10.9% $356,250
LOGANLEA 23 $350,000 -1.4% $347,500 7.3% 12.7% $308,250
SALES MARKET - HOUSES
SUBURB/LGA
NO.
SALES
MEDIAN
SALE
QTRLY
CHANGE
ANNUAL
MEDIAN
SALE
1YR
CHANGE
5YR
CHANGE
ANNUAL
MEDIAN
SALE
(5YRS AGO)
FALLING
STEADY
STEADY
RISING
GREATER BRISBANE HOUSE MARKET
June Qtr 2016
Brisbane
Logan
Moreton Bay
Redland
Ipswich
Source: REIQ
Based on the previous 4 quarters median sale price change and the annual change
FALLING
STEADY
STEADY
RISING
GREATER BRISBANE UNITS MARKETS
June Qtr 2016
Source: REIQ
Brisbane
Ipswich
Moreton Bay Logan
Redland
FALLING
STEADY
STEADY
RISING
GREATER BRISBANE HOUSE MARKET
June Qtr 2016
Brisbane
Logan
Moreton Bay
Redland
Ipswich
Source: REIQ
FALLING
STEADY
STEADY
RISING
GREATER BRISBANE UNITS MARKETS
June Qtr 2016
Source: REIQ
Brisbane
Ipswich
Moreton Bay Logan
Redland

WAMURAN ^ 10 N/A N/A $565,000 7.1% 5.4% $536,000
WARNER 36 $503,000 -1.4% $490,000 2.1% 5.4% $465,000
WARNER ^ 1 N/A N/A $797,550 5.6% 17.3% $680,000
WOODY POINT 19 N/A N/A $450,000 5.9% 12.8% $399,000
REDLAND (LGA) 549 $490,000 -2.0% $492,500 2.6% 9.0% $452,000
REDLAND (LGA) ^ 28 $915,000 -0.2% $880,000 3.5% 12.8% $780,000
ALEXANDRA HILLS 56 $422,250 -3.0% $430,000 3.6% 7.5% $400,000
BIRKDALE 53 $520,000 -2.8% $520,000 4.1% 16.9% $445,000
CAPALABA 53 $447,000 -0.2% $445,000 3.5% 10.8% $401,500
CAPALABA ^ 7 N/A N/A $865,000 4.2% 10.9% $780,000
CLEVELAND 56 $552,000 -8.8% $580,000 7.4% 16.0% $500,000
MACLEAY ISLAND 15 N/A N/A $223,500 0.7% -11.9% $253,750
MOUNT COTTON 26 $504,999 1.6% $487,000 1.8% 4.4% $466,500
ORMISTON 20 $612,500 6.2% $620,000 -1.2% 14.3% $542,500
REDLAND BAY 60 $490,000 -7.4% $525,750 3.1% 9.5% $480,000
RUSSELL ISLAND 29 $204,050 13.4% $185,000 8.8% -13.3% $213,500
THORNESIDE 5 N/A N/A $512,500 10.0% 13.6% $451,000
THORNLANDS 57 $600,000 14.2% $550,000 4.0% 5.8% $520,000
THORNLANDS ^ 6 N/A N/A $1,015,000 18.3% 18.7% $855,000
VICTORIA POINT 59 $482,000 -9.0% $512,000 6.7% 7.7% $475,500
WELLINGTON POINT 44 $600,000 0.5% $567,500 -0.4% 5.5% $538,000
SURROUNDS
LOCKYER VALLEY (LGA) 41 $226,250 -9.5% $250,000 1.6% -6.5% $267,500
LOCKYER VALLEY (LGA) ^ 64 $335,000 -4.2% $350,000 -1.1% 2.2% $342,500
GATTON 23 $240,000 -6.3% $256,000 -1.5% -10.2% $285,000
KENSINGTON GROVE ^ 10 N/A N/A $385,000 5.5% 12.4% $342,500
LAIDLEY 14 N/A N/A $235,000 4.9% -6.0% $250,000
LAIDLEY HEIGHTS ^ 4 N/A N/A $287,500 -2.5% -12.1% $327,000
REGENCY DOWNS ^ 6 N/A N/A $312,500 6.8% -2.6% $321,000
SCENIC RIM (LGA) 80 $370,000 4.2% $363,500 1.0% -3.4% $376,250
SCENIC RIM (LGA) ^ 77 $480,000 1.6% $485,000 -4.9% 6.2% $456,500
BEAUDESERT 18 N/A N/A $317,500 -3.8% -0.8% $320,000
BOONAH 8 N/A N/A $270,000 5.3% 1.9% $265,000
KOORALBYN ^ 10 N/A N/A $341,000 10.0% 9.1% $312,500
TAMBORINE ^ 18 N/A N/A $547,500 2.3% 0.9% $542,450
TAMBORINE MOUNTAIN 36 $469,000 4.2% $470,000 7.4% 2.7% $457,500
TAMBORINE MOUNTAIN ^ 7 N/A N/A $797,500 28.1% 21.8% $655,000
SOMERSET (LGA) 43 $229,000 -1.2% $238,000 -4.8% -11.0% $267,500
SOMERSET (LGA) ^ 50 $333,000 -5.4% $360,000 -5.3% 1.1% $356,000
FERNVALE 7 N/A N/A $335,000 -4.3% -2.9% $345,000
KILCOY 12 N/A N/A $215,000 -11.3% -20.4% $270,000
LOWOOD 7 N/A N/A $237,500 -0.6% -6.9% $255,000
SALES MARKET - HOUSES (CONT’D)
SUBURB
NO.
SALES
MEDIAN
SALE
QTRLY
CHANGE
ANNUAL
MEDIAN
SALE
1YR
CHANGE
5YR
CHANGE
ANNUAL
MEDIAN
SALE
(5YRS AGO)
MARSDEN 47 $340,000 -2.9% $345,000 4.6% 4.9% $328,750
MEADOWBROOK 10 N/A N/A $395,210 4.0% 4.0% $380,000
MOUNT WARREN PARK 15 N/A N/A $371,000 7.2% 3.6% $358,000
MUNRUBEN ^ 6 N/A N/A $526,000 2.1% 5.6% $498,000
NEW BEITH ^ 12 N/A N/A $570,000 4.4% 8.2% $527,000
REGENTS PARK 46 $425,000 14.9% $380,000 5.6% 3.8% $366,000
ROCHEDALE SOUTH 46 $478,000 -2.5% $477,500 6.5% 17.9% $405,000
SHAILER PARK 47 $515,000 -0.5% $519,000 3.8% 10.4% $470,000
SLACKS CREEK 50 $325,000 1.6% $322,000 2.9% 10.1% $292,500
SPRINGWOOD 32 $485,000 1.7% $475,500 7.3% 16.0% $410,000
TANAH MERAH 19 N/A N/A $402,000 -0.7% 3.1% $390,000
UNDERWOOD 15 N/A N/A $499,500 2.3% 12.5% $444,000
WATERFORD 22 $397,250 -7.7% $413,138 9.3% 6.1% $389,500
WATERFORD WEST 13 N/A N/A $347,500 8.9% 12.1% $310,000
WINDAROO 9 N/A N/A $424,500 -0.1% 10.3% $385,000
WOODRIDGE 20 $282,500 -8.2% $300,000 9.1% 14.3% $262,500
MORETON BAY (LGA) 1219 $410,000 -1.8% $415,000 4.0% 7.2% $387,000
MORETON BAY (LGA) ^ 187 $590,000 -4.8% $605,000 0.8% 4.3% $580,000
ALBANY CREEK 61 $580,000 3.6% $565,000 6.3% 13.6% $497,500
ARANA HILLS 18 N/A N/A $513,350 5.9% 20.5% $426,000
BANKSIA BEACH 18 N/A N/A $530,000 9.3% 9.6% $483,750
BEACHMERE 24 $312,950 -8.6% $317,500 -3.8% -11.2% $357,500
BELLARA 20 $330,000 -3.7% $325,000 -1.5% -1.2% $329,000
BELLMERE 16 N/A N/A $340,250 1.6% -2.8% $349,950
BONGAREE 22 $390,000 -3.1% $399,500 3.8% -3.0% $412,000
BRAY PARK 39 $400,000 3.0% $392,000 4.0% 10.4% $355,000
BUNYA ^ 2 N/A N/A $820,000 9.3% -2.4% $840,000
BURPENGARY 29 $367,500 -4.8% $390,000 4.0% 10.6% $352,500
BURPENGARY ^ 10 N/A N/A $550,000 0.9% 3.8% $530,000
BURPENGARY EAST 4 N/A N/A $439,000 7.3% -28.0% $609,750
BURPENGARY EAST ^ 11 N/A N/A $585,500 10.3% 10.0% $532,500
CABOOLTURE 71 $318,500 -1.9% $317,000 9.3% 5.7% $300,000
CABOOLTURE ^ 16 N/A N/A $517,950 7.9% 10.2% $470,000
CABOOLTURE SOUTH 18 N/A N/A $279,500 3.1% -3.0% $288,000
CASHMERE 8 N/A N/A $615,000 -6.5% 7.0% $575,000
CLONTARF 26 $385,000 -5.4% $411,000 5.4% 16.5% $352,750
DAKABIN 5 N/A N/A $450,000 -0.6% 4.7% $430,000
DECEPTION BAY 70 $331,500 0.5% $330,000 4.8% 8.2% $305,000
EATONS HILL 24 $517,000 -9.6% $546,000 0.3% 6.4% $513,250
ELIMBAH ^ 13 N/A N/A $511,250 0.3% 8.8% $470,000
EVERTON HILLS 20 $535,000 6.2% $525,000 5.4% 11.9% $469,000
FERNY HILLS 26 $525,000 2.8% $515,000 7.3% 18.4% $435,000
GRIFFIN 18 N/A N/A $450,000 3.7% 6.8% $421,180
JOYNER 10 N/A N/A $465,000 -12.7% -2.6% $477,500
KALLANGUR 95 $364,000 2.5% $365,000 4.1% 5.8% $345,000
KIPPA-RING 25 $410,000 -0.5% $400,000 7.0% 15.6% $346,000
LAWNTON 18 N/A N/A $364,000 1.7% 10.3% $330,000
MANGO HILL 17 N/A N/A $480,000 6.0% 8.6% $442,000
MARGATE 28 $405,000 -4.7% $402,500 0.0% 7.8% $373,500
MORAYFIELD 52 $340,000 -1.5% $338,500 6.6% 6.1% $319,000
MORAYFIELD ^ 18 N/A N/A $555,500 2.6% 4.8% $530,000
MURRUMBA DOWNS 29 $449,000 -12.0% $465,000 2.2% 12.0% $415,000
NARANGBA 56 $426,000 -4.3% $440,000 1.2% 6.9% $411,650
NARANGBA ^ 3 N/A N/A $700,000 10.2% 29.9% $538,750
NEWPORT 10 N/A N/A $840,000 5.0% 7.0% $785,000
NINGI 9 N/A N/A $372,500 5.2% -5.6% $394,500
NINGI ^ 9 N/A N/A $520,000 0.2% 11.8% $465,000
NORTH LAKES 84 $465,000 -0.4% $465,000 3.3% 5.7% $440,000
PETRIE 21 $430,000 2.3% $408,250 3.6% 8.1% $377,500
REDCLIFFE 34 $423,000 3.2% $408,500 5.4% 9.8% $372,000
ROTHWELL 23 $388,500 -6.4% $400,000 1.0% 5.3% $380,000
SAMFORD VALLEY ^ 6 N/A N/A $891,000 2.4% 10.0% $810,000
SANDSTONE POINT 25 $390,000 -6.0% $395,500 4.5% 3.8% $381,000
SCARBOROUGH 35 $497,250 2.0% $481,000 0.6% 12.5% $427,500
STRATHPINE 28 $382,750 0.7% $368,500 3.8% 7.0% $344,500
TOORBUL 3 N/A N/A $301,250 9.6% -6.6% $322,500
UPPER CABOOLTURE 5 N/A N/A $347,500 5.3% 5.6% $329,000
UPPER CABOOLTURE ^ 8 N/A N/A $545,000 5.7% 7.5% $507,000
SUBURB
NO.
SALES
MEDIAN
SALE
QTRLY
CHANGE
ANNUAL
MEDIAN
SALE
1YR
CHANGE
5YR
CHANGE
ANNUAL
MEDIAN
SALE
(5YRS AGO)

13JUNE QUARTER 2016
BRISBANE (SD) 2444 $400,000 0.0% $402,500 -1.8% 4.8% $384,000
IPSWICH (LGA) 82 $238,000 -11.9% $300,000 -0.6% 3.4% $290,000
BRASSALL 9 N/A N/A $263,000 3.1% -12.3% $300,000
BROOKWATER 12 N/A N/A $495,000 33.4% 39.4% $355,000
BUNDAMBA 5 N/A N/A $306,900 1.3% 47.9% $207,500
GOODNA 5 N/A N/A $310,000 19.7% 25.5% $247,000
REDBANK PLAINS 12 N/A N/A $245,000 7.0% -23.0% $318,000
SPRINGFIELD LAKES 1 N/A N/A $385,900 1.1% 88.2% $205,000
LOGAN (LGA) 231 $240,000 -3.7% $248,250 -1.0% -11.3% $280,000
BEENLEIGH 25 $215,000 -3.4% $210,000 9.8% -8.7% $230,000
BORONIA HEIGHTS 8 N/A N/A $255,000 2.0% 16.2% $219,500
DAISY HILL 3 N/A N/A $367,500 23.1% 16.7% $315,000
EAGLEBY 16 N/A N/A $230,000 11.7% -25.8% $310,000
EDENS LANDING 3 N/A N/A $218,000 3.8% -12.8% $250,000
HILLCREST 7 N/A N/A $229,000 0.9% -27.5% $316,000
KINGSTON 5 N/A N/A $275,000 -1.9% -18.5% $337,500
LOGAN CENTRAL 6 N/A N/A $190,000 2.7% -15.6% $225,000
MARSDEN 3 N/A N/A $326,000 -1.5% 0.9% $323,000
MEADOWBROOK 4 N/A N/A $259,000 1.5% 4.9% $247,000
MOUNT WARREN PARK 11 N/A N/A $215,000 0.0% 0.5% $214,000
ROCHEDALE SOUTH 6 N/A N/A $294,000 6.9% 6.1% $277,111
SHAILER PARK 5 N/A N/A $272,000 -1.1% -12.0% $309,000
SLACKS CREEK 21 $205,000 -8.9% $218,250 3.9% -5.7% $231,500
SPRINGWOOD 13 N/A N/A $269,000 -3.1% 0.0% $269,000
UNDERWOOD 4 N/A N/A $387,000 3.2% 0.7% $384,500
WATERFORD WEST 7 N/A N/A $212,000 4.4% -5.3% $223,750
WOODRIDGE 34 $208,000 -0.2% $199,625 6.8% -0.2% $200,000
MORETON BAY (LGA) 326 $336,500 4.3% $347,950 3.6% 3.9% $335,000
ALBANY CREEK 9 N/A N/A $427,500 2.5% 14.0% $375,000
BELLARA 10 N/A N/A $287,000 24.8% 160.9% $110,000
BONGAREE 18 N/A N/A $295,000 -3.3% -3.3% $305,000
BRENDALE 23 $250,000 -12.3% $265,000 -7.0% -0.8% $267,250
BURPENGARY 9 N/A N/A $260,000 -13.3% -17.5% $315,000
CABOOLTURE 19 N/A N/A $202,500 5.8% -21.1% $256,750
CLONTARF 13 N/A N/A $335,000 -18.0% 2.8% $326,000
DECEPTION BAY 12 N/A N/A $240,000 -2.0% -31.2% $349,000
KALLANGUR 15 N/A N/A $305,750 -7.2% -2.9% $315,000
KIPPA-RING 11 N/A N/A $281,500 2.6% -16.5% $337,000
LAWNTON 6 N/A N/A $240,000 -0.2% -12.6% $274,450
MANGO HILL 7 N/A N/A $360,000 -2.7% -4.0% $375,000
MARGATE 7 N/A N/A $378,000 5.0% 5.9% $357,000
MORAYFIELD 12 N/A N/A $228,000 -17.1% -28.8% $320,000
MURRUMBA DOWNS 11 N/A N/A $330,500 -4.2% -4.8% $347,000
NORTH LAKES 17 N/A N/A $372,000 1.9% 5.1% $353,900
PETRIE 2 N/A N/A $329,000 -2.1% -6.9% $353,500
REDCLIFFE 28 $363,000 6.8% $360,000 -2.0% -13.3% $415,000
SCARBOROUGH 22 $482,500 1.1% $475,000 13.1% 20.6% $394,000
STRATHPINE 10 N/A N/A $272,250 4.1% -6.1% $290,000
WOODY POINT 13 N/A N/A $410,000 24.2% 26.8% $323,250
WOORIM 5 N/A N/A $320,000 -7.5% -15.8% $380,000
REDLAND (LGA) 93 $381,250 1.0% $385,000 -2.3% 8.5% $355,000
BIRKDALE 6 N/A N/A $405,000 9.5% 23.9% $327,000
CAPALABA 13 N/A N/A $352,000 -4.5% 16.7% $301,750
CLEVELAND 21 $435,000 14.0% $390,000 -6.6% -2.5% $400,000
ORMISTON 17 N/A N/A $389,000 5.4% 4.6% $372,000
THORNESIDE 8 N/A N/A $318,125 3.5% 7.8% $295,000
THORNLANDS 0 N/A N/A $395,000 0.0% -12.2% $450,000
VICTORIA POINT 6 N/A N/A $360,000 -0.8% 10.3% $326,250
WELLINGTON POINT 9 N/A N/A $443,900 -2.9% 30.6% $340,000
SALES MARKET - UNITS & TOWNHOUSES
SUBURB
NO.
SALES
MEDIAN
SALE
QTRLY
CHANGE
ANNUAL
MEDIAN
SALE
1YR
CHANGE
5YR
CHANGE
ANNUAL
MEDIAN
SALE
(5YRS AGO)
BRISBANE (SD) 967 $223,000 -4.3% $226,900 5.1% 10.7% $205,000
BRISBANE (SD) ^ 80 $286,000 2.1% $280,000 1.8% -1.0% $282,700
IPSWICH (LGA) 147 $186,400 -4.4% $184,700 2.6% 2.6% $180,000
IPSWICH (LGA) ^ 10 N/A N/A $250,000 0.9% 0.0% $250,000
BELLBIRD PARK 13 N/A N/A $222,950 1.7% -7.1% $240,000
BRASSALL 14 N/A N/A $179,500 -3.0% 0.8% $178,125
DEEBING HEIGHTS 17 N/A N/A $182,500 0.5% -12.5% $208,500
KARALEE ^ 5 N/A N/A $280,000 3.7% 7.7% $260,000
LEICHHARDT 7 N/A N/A $152,500 3.4% -14.1% $177,475
REDBANK PLAINS 38 $159,700 -2.7% $161,475 4.2% -7.7% $175,000
SPRINGFIELD LAKES 12 N/A N/A $215,000 6.4% 17.5% $183,000
LOGAN (LGA) 188 $189,875 -5.8% $189,500 4.1% -9.3% $209,000
LOGAN (LGA) ^ 40 $300,000 4.4% $279,000 5.3% 9.4% $255,000
BUCCAN ^ 12 N/A N/A $300,000 3.5% -9.1% $330,000
CORNUBIA 3 N/A N/A $365,000 3.6% 65.9% $220,000
CRESTMEAD 0 N/A N/A $199,000 -5.2% -2.9% $205,000
HOLMVIEW 4 N/A N/A $213,600 18.7% -0.6% $214,900
JIMBOOMBA 8 N/A N/A $166,500 -0.8% -9.6% $184,125
JIMBOOMBA ^ 4 N/A N/A $269,000 7.1% 22.3% $220,000
LOGAN VILLAGE 1 N/A N/A $256,000 2.4% 4.5% $245,000
LOGANLEA 1 N/A N/A $215,000 10.0% -4.4% $225,000
MARSDEN 3 N/A N/A $216,000 8.8% 9.1% $198,000
NEW BEITH ^ 5 N/A N/A $289,000 -1.0% 10.7% $261,000
WATERFORD 1 N/A N/A $198,500 10.6% 2.6% $193,500
YARRABILBA 118 $174,000 -2.4% $175,750 6.6% N/A N/A
MORETON BAY (LGA) 214 $245,000 -2.6% $245,000 8.9% 21.3% $202,000
MORETON BAY (LGA) ^ 23 $275,000 1.9% $275,000 -5.2% -19.1% $340,000
BANKSIA BEACH 4 N/A N/A $365,000 -9.9% -15.1% $430,000
CABOOLTURE 13 N/A N/A $187,000 2.2% -2.6% $191,900
CABOOLTURE ^ 10 N/A N/A $270,000 3.9% -1.8% $275,000
DAKABIN 5 N/A N/A $230,000 5.0% 10.6% $208,000
GRIFFIN 29 $255,000 -1.7% $250,000 5.0% 19.6% $209,000
KALLANGUR 2 N/A N/A $229,000 -2.4% 9.1% $209,858
MANGO HILL 57 $265,000 3.5% $266,000 10.8% 2.3% $260,000
MORAYFIELD 4 N/A N/A $177,000 -3.3% -9.2% $195,000
NARANGBA 21 $220,300 0.8% $215,000 3.1% 0.2% $214,500
NORTH LAKES 10 N/A N/A $291,000 15.3% 42.0% $205,000
WARNER 5 N/A N/A $259,450 8.3% 12.8% $230,000
REDLAND (LGA) 200 N/D N/D $60,000 -76.7% -74.9% $239,000
BIRKDALE 1 N/A N/A $317,500 2.8% 5.0% $302,500
MACLEAY ISLAND 23 $35,000 25.0% $30,000 -9.1% -41.7% $51,500
MOUNT COTTON 3 N/A N/A $263,000 -0.8% -0.9% $265,500
REDLAND BAY 10 N/A N/A $295,000 3.5% 0.0% $295,000
RUSSELL ISLAND 115 $20,000 1.3% $19,500 5.4% -39.5% $32,250
THORNLANDS 26 $326,250 1.2% $320,500 10.1% 12.5% $285,000
WELLINGTON POINT 1 N/A N/A $400,000 7.5% 21.2% $330,000
SURROUNDS
LOCKYER VALLEY (LGA) 11 N/A N/A $125,000 25.0% -3.1% $129,000
LOCKYER VALLEY
(LGA) ^
29 $140,000 0.0% $141,750 9.0% 2.0% $139,000
KENSINGTON GROVE ^ 4 N/A N/A $153,900 4.0% 6.9% $144,000
SCENIC RIM (LGA) 11 N/A N/A $182,700 1.6% -0.8% $184,099
SCENIC RIM (LGA) ^ 14 N/A N/A $187,500 -16.7% 2.2% $183,500
GLENEAGLE 3 N/A N/A $182,900 1.7% 3.0% $177,500
SOMERSET (LGA) 6 N/A N/A $139,450 -3.8% 5.6% $132,000
FERNVALE 1 N/A N/A $152,000 1.7% 5.2% $144,500
SALES MARKET - VACANT LAND
SUBURB
NO.
SALES
MEDIAN
SALE
QTRLY
CHANGE
ANNUAL
MEDIAN
SALE
1YR
CHANGE
5YR
CHANGE
ANNUAL
MEDIAN
SALE
(5YRS AGO)

4514
WOODFORD/ BELLTHORPE/ BRACALBA/
CEDARTON/ D'AGUILAR/ DELANEYS CK/
NEURUM/ STANMORE/ STONEY CK/
VILLENEUVE
$330 13 $300 11
REDLAND CITY $395 283 $395 322
4157 CAPALABA/ SHELDON $405 26 $395 35
4158 THORNSIDE $385 10 $400 7
4159 BIRKDALE/ AQUATIC PARADISE/ MERIDIAN PT $420 21 $400 25
4160 ORMISTON/ WELLINGTON PT/ EROBIN $400 22 $410 32
4161 ALEXANDRA HILLS/ BURWOOD HTS $405 46 $400 43
4163 CLEVELAND/ RABY BAY $415 32 $430 34
4164 THORNLANDS/ PINKLANDS $420 12 $410 18
4165
MT COTTON/ PT HALLORAN/ PT
TALBURPIN/ REDLAND BAY/ VICTORIA PT
$395 52 $405 60
4184
COOCHIEMUDLO IS/ KARRAGARRA IS/ LAMB
IS/ MACLEAY IS/ PEEL IS/ RUSSELL IS
$250 58 $250 65
LOCKYER VALLEY REGIONAL $285 75 $285 97
4341 BLENHEIM $280 34 $290 40
4342 CROWLEY VALE $280 11 $250 6
4343 ADARE $285 26 $285 42
SOMERSET REGIONAL $275 56 $280 62
4311 ATKINSONS DAM $280 32 $280 34
4312 BRYDEN $260 10 $250 9
4515 GLENFERN $300 10 $285 11
RENTAL MARKET - 3 BED HOUSES (CONT’D)
POST JUN-16 JUN-15
CODE LOCALITYL
$/WEEK NEW BONDS $/WEEK NEW BONDS
RENTAL MARKET - 3 BED HOUSES
POST JUN-16 JUN-15
CODE LOCALITYL
IPSWICH CITY $300 691 $300 742
4300
GOODNA/ BELLBIRD PK/ CAMIRA/
SPRINGFIELD
$350 159 $350 179
4301
REDBANK/ REDBANK PLNS/
COLLINGWOOD PK
$320 96 $320 113
4303 DINMORE/ RIVERVIEW $275 21 $280 16
4304
BOOVAL/ BLACKSTONE/ BUNDAMBA/
EBBW VALE/ SILKSTONE
$285 88 $290 92
4305
IPSWICH/ BRASSALL/ BREMER/
CHURCHILL/ FLINDERS VIEW/ LEICHARDT/
RACEVIEW/ TIVOLI/ YAMANTO
$285 254 $285 275
4306
AMBERLEY/ FERNVALE/ KARANA
DOWNS/ MT CROSBY/ PEAK CROSSING/
SWANBANK/ WILLOWBANK
$330 38 $330 36
4340
ROSEWOOD/ ASHWELL/ CALVERT/
EBENEZER/ GRANDCHESTER/ MOORANG/
MT FORBES/ ROSEVALE
$300 31 $290 26
LOGAN CITY $350 970 $345 916
4114
KINGSTON/ LOGAN CITY/ TRINDER PK/
WOODRIDGE
$320 156 $320 162
4118
BROWNS PLAINS/BROWNSLEIGH/
FORESTDALE/ HERITAGE PK/ HILLCREST/
REGENTS PK
$350 94 $350 84
4119 UNDERWOOD $380 18 $400 16
4123 PRIESTS GULLY/ ROCHEDALE $390 40 $400 53
4124 BORONIA HTS/ GREENBANK/ NEW BEITH $340 46 $350 52
4125 MUNRUBEN/ PARK RIDGE $450 7 $400 8
4127
CHATSWOOD HILLS/ DAISY HILL/
PREISTDALE/ SLACKS CK/ SPRINGWOOD
$355 83 $350 82
4128
KIMBERLEY PK/ LOGAN HYPERDOME/
SHAILER PK/ TANAH MERAH
$410 18 $385 38
4129 LOGANDALE/ LOGANHOLME $375 22 $350 26
4130 CARBROOK/ CORNUBIA $380 10 $395 8
4131 LOGANLEA/ MEADOWBROOK $350 35 $340 27
4132 CRESTMEAD/ MARSDEN $340 135 $330 99
4133
CHAMBERS FLAT/ LOGAN RESERVE/
WATERFORD
$360 52 $360 34
4205 BETHANIA $335 17 $330 16
4207 BEENLEIGH/EAGLBY/MT WARREN PK $350 216 $330 180
MORETON BAY REGIONAL $350 1025 $345 993
REDCLIFFE REGION $365 186 $360 190
4019
CLONTARF/ HUMPYBONG/ MARGATE/
SCOTTS PT/ WOODY PT
$370 91 $360 82
4020
REDCLIFFE/ SCARBOROUGH/ NEWPORT
WATERS/ SUTTONS BCH
$375 58 $355 62
4021 KIPPA-RING $350 19 $370 31
4022 ROTHWELL $340 18 $350 15
PINE RIVERS REGION $375 413 $375 349
4035
ALBANY CK/ BRIDGEMAN DOWNS/
CASHS CROSSING
$410 29 $435 20
4055
BUNYA/ FERNY GROVE/ FERNY HILLS/
KEDRON UPPER
$410 34 $400 37
4500
BRAY PK/ BRENDALE/ CASHMERE/ CLEAR
MOUNTAIN/ JOYNER/ STRATHPINE/ WARNER
$360 77 $370 63
4501 LAWNTON $340 13 $340 11
4502 FRENCHS FOREST/ PETRIE $355 26 $360 28
4503
DAKABIN/ DOHLES ROCKS/ GRIFFIN/
KALLANGUR/ KURWONGBAH
$360 114 $355 99
4509 MANGO HILL $385 97 $390 68
4520
CAMP MOUNTAIN/ CEDAR CK/ MT
GLORIOUS/ MT NEBO/ MT SAMSON/
SAMFORD/ YUGAR
$480 11 $475 5
4521
DAYBORO/ MT MEE/ MT PLEASANT/
OCEAN VIEW/ RUSH CK
$355 8 $380 8
CABOOLTURE REGION $320 426 $315 454
4504 NARANGBA $360 31 $350 31
4505 BURPENGARY $345 35 $350 23
4506 MORAYFIELD/ MOORINA $315 50 $300 61
4507
BANKSIA BEACH/ BELLARA/ BONGAREE/
BRIBIE IS/ WOORIM
$360 43 $345 42
4508 DECEPTION BAY $315 94 $315 110
4510
CABOOLTURE/ BEACHMERE/ DONNYBROOK/
BALINGOOL/ BELLMERE/ MELEDALE/
MOODLU/ ROCKSBERG/ TOORBUL
$300 142 $300 161
4511
GODWIN BEACH/ NINGI/ SANDSTONE PT/
TOORBUL PT
$340 14 $340 8
123
784
2,804
547
101
758
2,435
420
100
582
1,981
393
<$350K $350K+ $500k+ $1M+
BRISBANE HOUSE SALES
Dec-15 Mar-16 Jun-16 *
*Preliminary data
Houses<2,400m
1,410
1,946
927
44
1,408
1,965
1,009
34
1,082
1,391
671
29
<$350K $350K+ $500k+ $1M+
BRISBANE SURROUNDS HOUSE SALES
*Preliminary data
Houses<2,400m
30
590
988
179
43
619
993
200
19
413
788
174
<$350K $350K+ $500k+ $1M+
GOLD COAST HOUSE SALES
*Preliminary data
Houses<2,400m
278
246
86
277
218
74
240
159
58
<$350K $350K+ $500k+
TOOWOOMBA HOUSE SALES
*Preliminary data
Houses<2,400m
94
541
629
9189
511
698
79
51
362
495
68
SUNSHINE COAST & NOOSA HOUSE SALES
292
102
283
92
220
71
FRASER COAST HOUSE SALES
2
131
177
82
28
87
151
58
22
66
93
43
<$250k $250K+ $350K+ $500k+
BRISBANE LAND SALES
ary data
1,126
431
56 41
833
464
63 27
573
204
24 22
<$250k $250K+ $350K+ $500k+
BRISBANE SURROUNDS LAND SALES
*Preliminary data
474
1,390
800
9683
397
1,157
775
9060
260
800
481
68
<$250k $250K+ $350K+ $500k+ $1M+
BRISBANE UNIT SALES
nary data
296
430
360
103
11
296
401
258
98
11
243 231
150
86
11
<$250k $250K+ $350K+ $500k+ $1M+
BRISBANE SURROUNDS UNIT SALES
*Preliminary data
31
863 883
689
156
277
842
888
666
172
210
567
603
476
99
<$250k $250K+ $350K+ $500k+ $1M+
GOLD COAST UNIT SALES
minary data
26
63
28
8
32
75
25
10
22
40
15
7
<$250k $250K+ $350K+ $500k+
TOOWOOMBA UNIT SALES
*Preliminary data

15JUNE QUARTER 2016
RENTAL MARKET - 3 BED TOWNHOUSES
POST JUN-16 JUN-15
CODE LOCALITYL
IPSWICH CITY $265 162 $260 160
4300
SPRINGFIELD
$280 33 $275 29
4301
COLLINGWOOD PK
$265 13 $250 23
4304
$250 24 $250 28
4305
CHURCHILL/ FLINDERS VIEW/
LEICHARDT/ RACEVIEW/ TIVOLI/
YAMANTO ETC
$265 81 $255 70
4306
AMBERLEY/ FERNVALE/ KARANA
DOWNS/ MT CROSBY/ PEAK CROSSING/
SWANBANK/ WILLOWBANK ETC
$260 10 $270 9
LOGAN CITY $270 207 $260 221
4114
WOODRIDGE
$260 65 $260 91
4123 PRIESTS GULLY/ ROCHEDALE $300 10 N.A. 1
4127
$280 21 $295 21
4128
$300 5 $295 10
4131 LOGANLEA/ MEADOWBROOK $250 6 N.A. 4
4133
WATERFORD
$265 8 $275 9
4019
SCOTTS PT/ WOODY PT
$295 72 $260 70
4020
WATERS/ SUTTONS BCH
$296 83 $310 77
4500
BRAY PK/ BRENDALE/ CASHMERE/
CLEAR MOUNTAIN/ JOYNER/
STRATHPINE/ WARNER
$300 34 $295 25
4501 LAWNTON $260 23 $280 9
4503
$285 52 $280 54
4509 MANGO HILL $335 45 $320 28
4505 BURPENGARY $270 7 $280 7
4507
BRIBIE IS/ WOORIM
$280 52 $280 48
4508 DECEPTION BAY $300 10 $275 13
4510
CABOOLTURE/ BEACHMERE/ DONNYBROOK/
BALINGOOL/ BELLMERE/ MELEDALE/
MOODLU/ ROCKSBERG/ TOORBUL
$265 88 $260 93
REDLAND CITY $340 83 $320 64
LOCKYER VALLEY REGIONAL $245 25 $220 18
4343 ADARE $245 19 $225 15
IPSWICH CITY $325 170 $320 131
4300
SPRINGFIELD
$340 67 $360 50
4301
COLLINGWOOD PK
$310 27 $330 30
4304
$310 41 $305 25
4305
CHURCHILL/ FLINDERS VIEW/
LEICHARDT/ RACEVIEW/ TIVOLI/
YAMANTO
$320 33 $295 24
LOGAN CITY $335 387 $340 409
4114
WOODRIDGE
$310 39 $330 29
4118
BROWNS PLAINS/BROWNSLEIGH/
FORESTDALE/ HERITAGE PK/ HILLCREST/
REGENTS PK
$350 51 $350 72
4119 UNDERWOOD $410 22 $410 15
4123 PRIESTS GULLY/ ROCHEDALE $330 6 $330 7
4124 BORONIA HTS/ GREENBANK/ NEW BEITH $345 5 $0 0
4127
$325 36 $330 35
4128
$330 7 $320 9
4131 LOGANLEA/ MEADOWBROOK $350 30 $350 49
4133
WATERFORD
$330 25 $325 11
4205 BETHANIA $345 13 $272 8
4504 NARANGBA $350 7 $350 7
4505 BURPENGARY $325 16 $300 22
4507
BRIBIE IS/ WOORIM
$300 5 $330 9
4508 DECEPTION BAY $320 47 $310 50
4510
CABOOLTURE/ BEACHMERE/
DONNYBROOK/ BALINGOOL/ BELLMERE/
MELEDALE/ MOODLU/ ROCKSBERG/
TOORBUL
$300 17 $315 21
4511
GODWIN BEACH/ NINGI/ SANDSTONE PT/
TOORBUL PT
$350 14 N.A. 2
4035
ALBANY CK/ BRIDGEMAN DOWNS/
CASHS CROSSING
$450 26 $385 9
4500
BRAY PK/ BRENDALE/ CASHMERE/
CLEAR MOUNTAIN/ JOYNER/
STRATHPINE/ WARNER
$355 82 $360 51
4501 LAWNTON $350 13 $330 13
4502 FRENCHS FOREST/ PETRIE $335 18 $330 16
4503
$345 216 $345 150
4509 MANGO HILL $355 108 $355 102
4019
SCOTTS PT/ WOODY PT
$420 5 $365 9
4020
WATERS/ SUTTONS BCH
$385 19 $360 11
4021 KIPPA-RING $330 44 $330 46
REDLAND CITY $400 132 $390 121
4158 THORNSIDE $380 15 $380 13
4164 THORNLANDS/ PINKLANDS $400 21 $390 16
4165
MT COTTON/ PT HALLORAN/ PT
TALBURPIN/ REDLAND BAY/ VICTORIA PT
$395 16 $405 13
RENTAL MARKET - 2 BED UNITS
POST JUN-16 JUN-15
CODE LOCALITYL

BRISBANE LGA
The housing market regained ground over the June
quarter, with the data showing an increase in the median
sale price and reaching $635,000 in June compared to
$627,000 in the March quarter. The unit market slipped
just slightly over the quarter but remained stable over
the year.
The residential property market prospects, primarily
for houses in Brisbane, are positive considering its
affordability compared with Sydney and Melbourne.
Brisbane is also increasingly attracting interest from
interstate and international investors. Affordability is
expected to drive migration to Brisbane.
Due to population growth, Brisbane is transforming
into a denser city with large blocks of land being targeted
by developers for houses, townhouses or units on sub-
divided lots.
About $2 billion of infrastructure projects and
improvements are included in the State Government
budget for financial year 2017 and it is estimated it will
create about 5,500 jobs in Brisbane. The Brisbane Cross
River Rail is the highest priority for the State Government
at present with an initial allocation of $50 million funding
towards early planning and approvals.
The Gateway Motorway North upgrade is another key
project in Brisbane and is expected to inject $250 million
to the economy this financial year with a total project
investment of $1.1 billion to widen the motorway to six
lanes between Nudgee and Bracken Ridge.
The $1.1 billion Herston Quarter 10-year project, adjacent
to the Royal Brisbane and Women’s Hospital, will develop
a mixed-use precinct for health, residential, commercial
and recreational activity. The project is expected to support
more than 700 full-time equivalent jobs during the
construction phase and more than 1000 jobs. The delivery
of the project has been granted to Unity Health.
With significant infrastructure projects on the horizon,
Brisbane is modernising with public transport
improvements and state-of-the-art health facilities.
This outlook supports a stable to sound residential
property market in Brisbane over the medium term.
HOUSE MARKET
The median sale price in Brisbane increased by 1.3 per
cent over the June quarter. The best performers over the
quarter were Clayfield, East Brisbane, Sinnamon Park,
Kuraby, Holland Park and Hawthorne.
On an annual basis, the median sale price increased by
5 per cent, reaching $630,000 in June 2016. Apart from
Robertson, the best performers for the 12 months to June
were more affordable suburbs like Darra, Yeerongpilly,
Sandgate, Wilston and Banyo. These suburbs generally
remained affordable and provided quality living for residents.
With a median sale price in the $600,000s, the busiest price
point over the quarter remained between the $500,000 to $1
million. Transactions within this price range slipped from
2,804 in December 2015 to 2,435 in March 2016. Preliminary
data indicates another potential slip in the number of
sales with $500,000 - $1 million transactions of 1,981 in
June 2016. While the volume of sales trend appears to be
heading downwards, demand remains stable and is even
strengthening in some suburbs.
Stock on market remains as the smallest in Queensland
at about 6.6 per cent in May 2016. Median days on
market and median vendor discount showed a slight
improvement over the 12 months period to May 2016.
Days on market now are a few days below one month
and vendor discount is 4.1 per cent approaching the
median vendor discount in Sydney and Melbourne.
UNIT MARKET
Brisbane’s medium-to-high density market slipped for
a third consecutive quarter with a small drop in the
median sale price over the quarter of 0.2 per cent. On an
annual basis, the median sale price remained relatively
stable at about $441,000.
The busiest price bracket for apartments and units is
$350,000 to $500,000 with Brisbane City, New Farm,
Coorparoo, Nundah and Kangaroo Point showing the
largest number of sales over the June quarter.
Number of listings increased from 9,530 in May 2015 to
10,614 in May 2016 while stock on market also reported a
jump from 6.6 per cent in May 2015 to 7.3 per cent in May
2016. This demonstrates the recent increase in supply,
which may be starting to slightly exceed demand. However,
the recent data does not yet show any large impact on the
median sale price.
Median days on market and median vendor discount for
units remain at healthy levels of 41 days and 3.8 per cent
in May 2016.
RENTAL MARKET
The rental market in Brisbane is operating generally in a
healthy environment with vacancy rates of 3.4 per cent
in Inner Brisbane and 2.3 per cent in the middle ring for
the June 2016 quarter.
Units tend to take longer than houses to find a tenant
and vacancy rates for Inner Brisbane units reached
3.7 per cent in June compared to the vacancy rates of
middle ring units of 2.7 per cent.
The median weekly rent of three-bedroom houses
and two-bedroom units remained stable over the past
12 months. The median weekly rent of three-bedroom
townhouses, on the other hand, increased by $10
from $410 in June 2015 to $420 in June 2016 in line
with the increase in the number of new bonds by
about 6 per cent.
Investors are now more conscious that the return on
investment will be generated primarily from capital gains.
The gross rental yield for houses of 3.4 per cent is the
lowest one across the state. Units are returning a gross
rental yield of about 4.7 per cent; however the net yield
could reduce significantly when body corporate fees and
other operating expenses are included.

17JUNE QUARTER 2016
BRISBANE (LGA) 3146 $635,000 1.3% $630,000 5.0% 20.0% $525,000
BRISBANE (LGA) ^ 77 $1,042,500 1.7% $972,500 -2.8% 3.5% $940,000
ACACIA RIDGE 31 $363,500 -7.7% $377,000 6.5% 17.3% $321,500
ALBION 5 N/A N/A $695,000 -2.8% 15.8% $600,000
ALDERLEY 20 $722,500 -14.1% $730,100 1.8% 15.2% $633,750
ALGESTER 30 $490,000 0.1% $492,250 4.7% 21.5% $405,000
ANNERLEY 25 $712,500 2.0% $695,000 6.9% 20.7% $576,000
ASCOT 14 N/A N/A $1,210,000 -9.0% 12.0% $1,080,000
ASHGROVE 38 $873,750 -2.9% $825,000 -1.4% 21.3% $680,000
ASPLEY 26 $589,000 5.2% $567,500 6.9% 23.4% $460,000
AUCHENFLOWER 21 $877,889 5.8% $883,500 3.8% 9.5% $807,000
BALD HILLS 30 $421,885 2.6% $415,000 7.8% 12.2% $370,000
BALMORAL 13 N/A N/A $960,000 3.8% 26.7% $757,500
BANYO 19 N/A N/A $520,000 16.9% 30.0% $400,000
BARDON 29 $960,000 14.0% $875,250 6.5% 22.4% $715,000
BELLBOWRIE 14 N/A N/A $514,000 6.6% 8.2% $475,000
BELMONT 13 N/A N/A $625,000 6.8% 8.9% $573,750
BOONDALL 24 $507,250 10.2% $463,750 6.6% 11.7% $415,000
BRACKEN RIDGE 43 $470,000 -2.1% $463,500 6.6% 16.0% $399,588
BRIDGEMAN DOWNS 23 $758,000 -1.6% $750,000 3.6% 7.9% $695,000
BRIGHTON 48 $490,000 3.2% $469,000 4.2% 18.4% $396,000
BROOKFIELD ^ 2 N/A N/A $1,370,000 9.6% 26.3% $1,085,000
BULIMBA 34 $1,100,000 -10.2% $1,180,000 9.8% 25.5% $940,000
CALAMVALE 43 $631,000 -3.0% $636,000 10.4% 27.2% $500,000
CAMP HILL 47 $825,000 6.5% $787,000 7.7% 24.9% $630,000
CANNON HILL 19 N/A N/A $720,000 6.7% 29.7% $555,000
CARINA 23 $645,000 1.2% $630,000 8.6% 27.7% $493,250
CARINA HEIGHTS 17 N/A N/A $680,000 16.2% 40.2% $485,000
CARINDALE 42 $813,750 -1.4% $832,500 11.5% 20.0% $693,750
CARSELDINE 22 $613,750 4.3% $600,000 7.1% 16.5% $515,000
CHAPEL HILL 41 $730,000 -4.6% $735,000 5.0% 12.6% $653,000
CHELMER 11 N/A N/A $1,025,000 8.5% 20.6% $850,000
CHERMSIDE 20 $567,500 1.3% $561,000 0.6% 29.5% $433,250
CHERMSIDE WEST 16 N/A N/A $535,000 2.3% 16.3% $460,000
CLAYFIELD 24 $1,200,000 38.7% $1,075,000 12.0% 19.4% $900,000
COOPERS PLAINS 12 N/A N/A $525,000 5.0% 18.2% $444,000
COORPAROO 46 $830,000 -2.4% $840,000 10.5% 26.1% $666,250
CORINDA 11 N/A N/A $645,000 -3.0% 8.4% $595,000
DARRA 9 N/A N/A $440,000 23.9% 25.6% $350,250
DEAGON 15 N/A N/A $429,500 3.5% 8.7% $395,000
DOOLANDELLA 14 N/A N/A $427,000 0.5% 0.5% $425,000
DREWVALE 17 N/A N/A $535,000 0.9% 8.4% $493,500
DURACK 15 N/A N/A $390,000 -0.6% 9.9% $355,000
EAST BRISBANE 29 $984,000 27.0% $813,500 3.3% 25.6% $647,500
EIGHT MILE PLAINS 34 $710,000 2.9% $730,000 5.4% 24.8% $585,000
ENOGGERA 14 N/A N/A $645,500 3.3% 16.3% $555,000
EVERTON PARK 28 $622,500 9.0% $580,000 10.9% 20.8% $480,000
FAIRFIELD 11 N/A N/A $672,000 -0.8% 12.0% $600,000
FERNY GROVE 24 $538,000 -0.2% $538,000 3.5% 11.3% $483,500
FIG TREE POCKET 14 N/A N/A $881,250 3.1% 6.2% $830,000
FITZGIBBON 16 N/A N/A $435,000 1.2% 6.1% $410,000
FOREST LAKE 99 $423,000 -1.6% $428,000 8.4% 11.0% $385,500
GAYTHORNE 5 N/A N/A $607,500 -6.0% 28.6% $472,500
GEEBUNG 13 N/A N/A $500,000 7.5% 20.3% $415,500
GORDON PARK 18 N/A N/A $720,000 1.4% 21.1% $594,500
GRACEVILLE 10 N/A N/A $810,000 13.2% 23.4% $656,500
GRANGE 11 N/A N/A $890,000 11.3% 39.8% $636,500
GREENSLOPES 13 N/A N/A $740,000 11.5% 31.2% $564,000
HAMILTON 14 N/A N/A $1,040,000 -28.3% -2.3% $1,065,000
HAWTHORNE 30 $1,180,000 14.6% $1,060,000 -3.9% 42.7% $742,750
HEATHWOOD 13 N/A N/A $576,500 6.8% 4.7% $550,500
HEMMANT 9 N/A N/A $464,500 10.4% 13.3% $410,000
HENDRA 29 $980,000 4.3% $950,000 11.8% 13.6% $836,000
HIGHGATE HILL 11 N/A N/A $1,020,000 -7.3% 32.9% $767,500
HOLLAND PARK 26 $758,750 16.9% $675,000 7.1% 29.1% $522,750
HOLLAND PARK WEST 22 $728,000 6.3% $685,000 12.5% 22.9% $557,500
INALA 46 $350,050 -0.3% $348,000 11.7% 18.0% $295,000
INDOOROOPILLY 23 $899,000 5.8% $850,000 6.9% 20.1% $707,500
JAMBOREE HEIGHTS 9 N/A N/A $457,500 6.5% 11.7% $409,500
JINDALEE 23 $560,000 7.4% $550,000 10.0% 12.8% $487,500
KALINGA 4 N/A N/A $917,500 1.1% 1.4% $905,000
KANGAROO POINT 7 N/A N/A $890,000 7.2% 7.9% $825,000
KARANA DOWNS 9 N/A N/A $425,000 7.6% 9.7% $387,500
KARANA DOWNS ^ 5 N/A N/A $526,250 2.2% 10.1% $478,000
KEDRON 26 $700,000 11.1% $630,000 4.7% 15.4% $546,000
KELVIN GROVE 9 N/A N/A $727,500 -0.1% 13.8% $639,500
KENMORE 37 $685,000 6.9% $635,000 6.7% 18.6% $535,500
KENMORE HILLS 3 N/A N/A $785,000 9.8% 16.3% $675,000
KEPERRA 15 N/A N/A $485,000 5.0% 10.2% $440,000
KURABY 21 $720,000 17.9% $625,000 0.0% 16.8% $535,000
LOTA 10 N/A N/A $625,000 13.1% 41.2% $442,500
LUTWYCHE 8 N/A N/A $700,000 -5.8% 22.5% $571,250
MACGREGOR 20 $770,000 -3.8% $771,000 14.8% 44.8% $532,500
MACKENZIE 6 N/A N/A $770,000 6.9% 18.0% $652,500
MANLY 19 N/A N/A $800,000 14.3% 31.6% $608,000
MANLY WEST 36 $567,000 -2.2% $570,000 7.6% 15.2% $495,000
MANSFIELD 24 $624,000 -2.5% $620,000 10.7% 22.5% $506,000
MCDOWALL 20 $590,000 -0.8% $600,000 0.0% 4.1% $576,250
MIDDLE PARK 8 N/A N/A $588,500 7.4% 10.1% $534,500
MILTON 6 N/A N/A $835,000 9.2% 28.5% $650,000
MITCHELTON 32 $601,000 -3.8% $618,500 7.6% 19.2% $519,000
MOGGILL 20 $560,000 7.5% $532,500 9.2% 11.3% $478,500
MOOROOKA 28 $582,500 -5.3% $581,250 3.8% 18.6% $490,000
MORNINGSIDE 19 N/A N/A $705,000 3.7% 20.5% $585,000
MOUNT GRAVATT 14 N/A N/A $627,000 4.9% 30.6% $480,000
MOUNT GRAVATT EAST 38 $590,000 4.8% $590,000 5.4% 25.5% $470,000
MOUNT OMMANEY 4 N/A N/A $835,000 9.9% 15.5% $723,000
MURARRIE 15 N/A N/A $618,000 7.5% 32.9% $465,000
NEW FARM 12 N/A N/A $1,525,000 12.8% 38.6% $1,100,000
NEWMARKET 9 N/A N/A $805,000 7.1% 18.4% $680,000
NORMAN PARK 23 $740,000 -25.6% $815,000 9.4% 18.9% $685,500
NORTHGATE 9 N/A N/A $640,000 1.4% 35.9% $471,000
NUDGEE 25 $585,000 -6.1% $590,000 4.4% 17.4% $502,500
NUNDAH 19 N/A N/A $682,000 -1.4% 19.8% $569,500
OXLEY 24 $524,000 1.3% $511,000 2.2% 17.5% $435,000
PADDINGTON 33 $970,000 2.1% $938,000 6.6% 17.6% $797,500
PARKINSON 33 $607,500 -3.7% $620,900 6.1% 21.7% $510,000
PULLENVALE ^ 6 N/A N/A $992,500 6.2% -6.8% $1,065,000
RED HILL 18 N/A N/A $832,500 4.7% 27.4% $653,406
RICHLANDS 2 N/A N/A $442,000 7.8% 9.0% $405,500
RIVERHILLS 18 N/A N/A $443,000 -1.6% 4.4% $424,500
ROBERTSON 6 N/A N/A $1,002,500 25.3% 53.1% $655,000
ROCHEDALE 8 N/A N/A $900,000 -1.6% 39.3% $646,000
ROCKLEA 8 N/A N/A $390,000 5.4% 33.3% $292,500
RUNCORN 34 $541,500 7.7% $534,000 7.9% 25.6% $425,000
SALISBURY 32 $534,250 -1.1% $540,000 5.9% 21.3% $445,000
SANDGATE 16 N/A N/A $643,000 20.2% 20.9% $532,000
SEVEN HILLS 5 N/A N/A $742,750 5.8% 19.8% $620,000
SEVENTEEN MILE ROCKS 10 N/A N/A $622,000 5.9% 9.3% $568,900
SHERWOOD 15 N/A N/A $850,000 0.6% 11.8% $760,000
SHORNCLIFFE 4 N/A N/A $685,000 -3.5% -5.5% $725,000
SINNAMON PARK 22 $689,000 19.5% $624,000 -4.3% 6.3% $587,000
SPRING HILL 9 N/A N/A $910,000 2.5% 20.5% $755,000
ST LUCIA 16 N/A N/A $1,010,000 -9.8% 1.0% $1,000,000
STAFFORD 16 N/A N/A $580,000 5.4% 26.6% $458,000
STAFFORD HEIGHTS 27 $600,000 5.3% $570,775 7.7% 24.1% $460,000
STRETTON 17 N/A N/A $793,800 4.3% 27.4% $623,000
SUNNYBANK 29 $749,500 3.5% $723,000 8.6% 37.7% $525,000
SUNNYBANK HILLS 37 $677,500 6.2% $662,000 10.3% 36.5% $485,000
TAIGUM 11 N/A N/A $470,500 -2.5% 6.9% $440,000
TARINGA 14 N/A N/A $895,000 7.8% 31.6% $680,000
TARRAGINDI 35 $720,000 -1.4% $715,000 8.3% 24.3% $575,000
TENERIFFE 4 N/A N/A $1,600,000 7.2% 35.3% $1,182,500
TENNYSON 3 N/A N/A $614,000 -4.8% 13.7% $540,000
THE GAP 50 $625,000 3.9% $621,500 1.9% 14.7% $541,750
TINGALPA 37 $523,750 6.2% $490,000 6.5% 15.3% $425,000
TOOWONG 12 N/A N/A $782,000 1.4% 17.6% $665,000
UPPER KEDRON 12 N/A N/A $610,000 5.2% 11.9% $545,000
SUBURB/LGA
NO.
SALES
MEDIAN
SALE
QTRLY
CHANGE
ANNUAL
MEDIAN
SALE
1YR
CHANGE
5YR
CHANGE
ANNUAL
MEDIAN
SALE
(5YRS AGO)
SALES MARKET - HOUSES
SUBURB/LGA
NO.
SALES
MEDIAN
SALE
QTRLY
CHANGE
ANNUAL
MEDIAN
SALE
1YR
CHANGE
5YR
CHANGE
ANNUAL
MEDIAN
SALE
(5YRS AGO)

SALES MARKET - UNITS & TOWNHOUSES
BRISBANE (LGA) 1712 $440,000 -0.2% $441,300 0.3% 7.6% $410,000
ACACIA RIDGE 11 N/A N/A $348,000 0.0% -42.6% $606,000
ALBION 16 N/A N/A $452,000 8.7% 4.1% $434,000
ALDERLEY 18 N/A N/A $489,000 2.7% 23.0% $397,500
ALGESTER 5 N/A N/A $315,000 2.1% -7.4% $340,000
ANNERLEY 21 $435,000 4.8% $415,000 5.7% 5.1% $395,000
ASCOT 11 N/A N/A $442,000 2.8% 7.8% $410,000
ASHGROVE 7 N/A N/A $465,000 -7.2% 17.7% $395,000
ASPLEY 11 N/A N/A $385,000 2.7% 5.5% $365,000
AUCHENFLOWER 17 N/A N/A $452,750 -1.3% 5.3% $430,000
BALMORAL 12 N/A N/A $535,000 4.1% 14.5% $467,115
BANYO 3 N/A N/A $442,050 -2.5% -17.8% $537,500
BARDON 10 N/A N/A $559,976 -4.2% 2.3% $547,500
BOWEN HILLS 29 $429,000 -11.6% $429,500 -7.8% 1.9% $421,500
BRACKEN RIDGE 11 N/A N/A $361,250 11.7% 0.9% $358,000
BRIDGEMAN DOWNS 3 N/A N/A $449,999 18.1% 21.3% $371,000
BRISBANE CITY 87 $500,000 4.2% $488,000 -1.5% 3.5% $471,500
BULIMBA 18 N/A N/A $605,000 -0.7% 14.4% $529,000
CALAMVALE 16 N/A N/A $396,944 3.1% 6.8% $371,500
CAMP HILL 9 N/A N/A $548,000 20.4% 28.9% $425,000
CANNON HILL 12 N/A N/A $445,450 -1.8% -12.7% $510,000
CARINA 23 $445,000 -5.7% $465,000 1.1% 7.6% $432,000
CARINA HEIGHTS 13 N/A N/A $465,000 -1.9% 13.4% $410,000
CARINDALE 8 N/A N/A $468,750 -9.9% -2.3% $480,000
CARSELDINE 7 N/A N/A $403,000 6.1% 4.1% $387,000
CHERMSIDE 31 $433,750 -3.1% $450,000 8.9% 3.7% $434,000
CLAYFIELD 28 $375,000 0.7% $375,000 -2.2% 9.1% $343,750
COOPERS PLAINS 4 N/A N/A $385,000 -2.8% -1.9% $392,500
COORPAROO 43 $420,435 9.2% $415,000 6.4% 10.7% $375,000
CORINDA 5 N/A N/A $436,750 22.1% 1.6% $430,000
DARRA 3 N/A N/A $349,000 6.6% -39.6% $577,500
DOOLANDELLA 5 N/A N/A $357,500 5.5% 3.3% $346,000
EAST BRISBANE 14 N/A N/A $415,000 -4.1% -8.8% $455,000
EIGHT MILE PLAINS 24 $376,500 -9.9% $402,500 -5.2% 4.0% $387,000
ELLEN GROVE 7 N/A N/A $354,000 1.2% 7.3% $330,000
ENOGGERA 10 N/A N/A $355,300 -11.2% -10.1% $395,000
UPPER MOUNT GRAVATT 37 $580,000 -7.2% $590,000 1.7% 26.3% $467,000
VIRGINIA 8 N/A N/A $542,500 2.8% 20.0% $452,000
WAKERLEY 36 $776,000 7.8% $725,500 3.6% 18.9% $610,000
WAVELL HEIGHTS 49 $660,745 4.9% $636,500 1.7% 15.7% $550,000
WEST END 11 N/A N/A $1,070,000 7.1% 44.1% $742,500
WESTLAKE 13 N/A N/A $657,500 7.8% 12.4% $585,000
WILSTON 12 N/A N/A $1,005,000 20.0% 20.4% $835,000
WINDSOR 14 N/A N/A $764,125 5.4% 14.2% $669,000
WISHART 31 $675,000 -1.8% $685,000 11.7% 28.9% $531,500
WOOLLOONGABBA 9 N/A N/A $775,000 5.5% 18.8% $652,500
WOOLOOWIN 7 N/A N/A $780,000 10.6% 19.4% $653,000
WYNNUM 56 $540,000 -3.8% $591,300 -3.1% 13.7% $520,000
WYNNUM WEST 39 $495,000 -1.3% $500,000 7.5% 17.3% $426,250
YEERONGPILLY 5 N/A N/A $672,500 23.4% -0.2% $673,955
YERONGA 10 N/A N/A $780,000 7.1% 17.5% $663,750
ZILLMERE 23 $477,500 6.9% $452,626 8.5% 22.3% $370,000
EVERTON PARK 16 N/A N/A $391,500 -10.0% -1.8% $398,500
FAIRFIELD 3 N/A N/A $450,000 5.9% 13.1% $397,750
FITZGIBBON 6 N/A N/A $348,500 -2.7% -5.8% $369,900
FORTITUDE VALLEY 32 $392,500 -6.0% $437,500 -5.9% 2.3% $427,750
GAYTHORNE 7 N/A N/A $443,250 0.7% 23.1% $360,000
GORDON PARK 8 N/A N/A $380,000 -3.9% -0.5% $382,000
GREENSLOPES 16 N/A N/A $385,500 -3.0% 7.1% $360,000
HAMILTON 24 $555,000 -10.7% $592,750 3.1% 30.3% $455,000
HAWTHORNE 8 N/A N/A $570,000 4.0% 33.6% $426,500
HENDRA 5 N/A N/A $575,000 8.5% 15.0% $500,000
HIGHGATE HILL 12 N/A N/A $515,000 -7.2% 14.4% $450,000
HOLLAND PARK WEST 2 N/A N/A $440,000 2.6% 11.4% $395,000
INDOOROOPILLY 24 $488,000 -12.5% $500,000 -6.0% 15.6% $432,500
KANGAROO POINT 40 $420,000 -18.3% $514,500 3.0% 6.1% $485,000
KEDRON 28 $445,000 -1.7% $450,000 0.0% 29.7% $347,000
KELVIN GROVE 10 N/A N/A $482,500 4.7% 7.2% $450,000
LUTWYCHE 22 $486,000 -2.8% $482,500 2.1% 33.3% $362,000
MANLY 3 N/A N/A $475,000 -1.0% 14.2% $416,000
MANLY WEST 4 N/A N/A $410,000 11.4% 5.4% $389,000
MCDOWALL 2 N/A N/A $407,500 -12.1% 5.8% $385,000
MILTON 16 N/A N/A $591,300 3.7% 14.8% $514,975
MITCHELTON 5 N/A N/A $422,000 3.4% 10.5% $382,000
MOOROOKA 25 $420,000 1.2% $424,000 1.6% 9.5% $387,250
MORNINGSIDE 34 $465,000 -4.1% $491,250 2.3% 13.8% $431,500
MOUNT GRAVATT 3 N/A N/A $366,250 -17.7% 20.1% $305,000
MOUNT GRAVATT EAST 16 N/A N/A $440,000 -4.0% 14.0% $386,000
MURARRIE 11 N/A N/A $574,750 30.5% -22.6% $742,500
NEW FARM 50 $547,500 -8.8% $560,000 -3.8% 6.7% $525,000
NEWMARKET 11 N/A N/A $460,000 7.0% 9.4% $420,500
NEWSTEAD 31 $561,125 -0.5% $595,000 6.3% -21.9% $761,500
NORMAN PARK 6 N/A N/A $480,000 -7.2% 0.2% $479,000
NORTHGATE 9 N/A N/A $414,000 1.0% 20.0% $345,000
NUNDAH 42 $385,000 -3.8% $425,000 6.9% 8.7% $391,000
OXLEY 4 N/A N/A $359,250 2.5% -4.8% $377,495
PADDINGTON 9 N/A N/A $551,250 4.5% 29.4% $426,000
RED HILL 2 N/A N/A $432,500 -2.8% 1.8% $425,000
RICHLANDS 8 N/A N/A $346,700 -0.6% -0.9% $350,000
ROCHEDALE 17 N/A N/A $500,000 17.7% 27.3% $392,900
ROCKLEA 2 N/A N/A $352,500 -9.5% -29.9% $502,500
RUNCORN 17 N/A N/A $355,000 6.0% 8.2% $328,000
SALISBURY 0 N/A N/A $437,500 13.6% 12.5% $389,000
SHERWOOD 12 N/A N/A $450,000 0.0% 12.5% $400,000
SOUTH BRISBANE 24 $474,000 -0.9% $498,933 1.8% 10.9% $450,000
SPRING HILL 35 $394,300 -5.0% $407,500 -1.5% 4.5% $390,000
ST LUCIA 30 $440,000 1.9% $442,000 -11.6% -0.7% $445,000
STAFFORD 3 N/A N/A $439,000 -0.8% 16.8% $376,000
SUNNYBANK HILLS 12 N/A N/A $360,000 1.4% 0.0% $360,000
TAIGUM 15 N/A N/A $335,000 -13.0% -2.9% $345,000
TARINGA 31 $415,000 -3.8% $420,500 -6.6% 5.5% $398,750
TENERIFFE 30 $620,000 2.7% $628,000 11.2% 13.5% $553,500
THE GAP 5 N/A N/A $483,900 -2.2% 4.3% $464,000
TINGALPA 9 N/A N/A $367,000 -0.3% 3.6% $354,375
TOOWONG 38 $515,000 19.1% $450,000 -3.3% 10.4% $407,500
UPPER MOUNT GRAVATT 25 $438,000 6.2% $421,000 -7.1% -1.9% $429,000
SUBURB
NO.
SALES
MEDIAN
SALE
QTRLY
CHANGE
ANNUAL
MEDIAN
SALE
1YR
CHANGE
5YR
CHANGE
ANNUAL
MEDIAN
SALE
(5YRS AGO)
SALES MARKET - UNITS & TOWNHOUSES (CONT’D)
SUBURB
NO.
SALES
MEDIAN
SALE
QTRLY
CHANGE
ANNUAL
MEDIAN
SALE
1YR
CHANGE
5YR
CHANGE
ANNUAL
MEDIAN
SALE
(5YRS AGO)
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19JUNE QUARTER 2016
WAKERLEY 7 N/A N/A $425,000 4.4% 0.0% $425,000
WEST END 33 $531,250 -6.6% $562,500 -1.6% 13.6% $495,000
WINDSOR 12 N/A N/A $474,750 -2.1% 23.9% $383,250
WISHART 7 N/A N/A $391,250 1.6% 8.7% $360,000
WOOLLOONGABBA 35 $474,500 4.3% $473,500 8.5% 10.1% $430,000
WYNNUM 15 N/A N/A $390,000 -14.5% 7.6% $362,500
WYNNUM WEST 11 N/A N/A $341,500 0.6% 0.4% $340,000
YERONGA 16 N/A N/A $483,500 2.3% 16.5% $415,000
YEERONGPILLY 4 N/A N/A $431,350 5.5% 8.4% $398,000
ZILLMERE 17 N/A N/A $365,000 1.4% 0.1% $364,750
RENTAL MARKET - 3 BED HOUSES (CONT’D)
POST JUN-16 JUN-15
CODE LOCALITYL
RENTAL MARKET - 3 BED HOUSES
POST JUN-16 JUN-15
CODE LOCALITYL
BRISBANE (LGA) 218 $366,000 -1.1% $370,000 5.7% 25.4% $295,000
BRISBANE (LGA) ^ 6 N/A N/A $1,200,000 49.5% 124.3% $535,000
BRIDGEMAN DOWNS 30 $370,000 0.0% $370,000 -7.0% -2.6% $380,000
CARINDALE 2 N/A N/A $510,000 0.9% 10.9% $460,000
FITZGIBBON 11 N/A N/A $175,000 -19.6% -5.4% $184,950
HEATHWOOD 21 $285,000 -3.4% $285,000 6.3% 8.8% $262,000
KENMORE 4 N/A N/A $465,000 10.9% 30.3% $357,000
KURABY 7 N/A N/A $374,500 9.7% 1.2% $370,000
ROCHEDALE 13 N/A N/A $443,000 -0.7% 11.9% $396,000
UPPER KEDRON 1 N/A N/A $337,500 8.0% 11.6% $302,500
BRISBANE CITY $420 2635 $420 2673
BAYSIDE $420 136 $415 149
4178 LINDUM/LYTTON/WYNNUM $420 69 $415 101
4179 LOTA/MANLY $430 67 $410 48
CITY - INNER $550 229 $540 212
4000 BRISBANE CITY/SPRING HILL $580 18 $600 19
4005 NEW FARM/TENERIFFE $800 19 $700 22
4006
BOWEN HILLS/VALLEY/HERSTON/
NEWSTEAD
$495 13 $540 11
4064 MILTON/PADDINGTON/ROSALIE $570 55 $530 54
4066 AUCHENFLOWER/MTCOOTHA/TOOWONG $500 41 $505 21
4067 IRONSIDE/ST LUCIA $470 10 N.A. 3
4101 HIGHGATE HILL/SOUTH BRIS/WEST END $550 22 $600 35
4102 BURANDA/DUTTON PARK/WOOLOONGABBA $450 22 $450 21
4169 EAST BRIS/KANGAROO POINT $480 29 $540 26
NORTH - INNER $460 280 $460 314
4007 ASCOT/HAMILTON $500 18 $500 24
4010 ALBION/BREAKFAST CREEK $535 5 $420 6
4011 CLAYFIELD/HENDRA $530 27 $560 30
4012 NUNDAH/TOOMBUL/WAVELL HEIGHTS $430 64 $450 81
4030 LUTWYCHE/WINDSOR/WOOLOOWIN $480 47 $495 49
4031 GORDON PARK/KEDRON $430 46 $445 37
4051
ALDERLEY/ENOGERRA/GAYTHORNE/
GRANGE/ NEWMARKET/WILSTON
$460 72 $460 87
NORTH - OUTER $400 357 $395 366
4013 NORTHGATE $400 11 $440 21
4014 BANYO/NUDGEE/VIRGINIA $400 29 $395 33
4017
BRACKEN RIDGE/BRIGHTON/
DEAGON/SANDGATE
$390 94 $390 88
4018 FITZGIBBON/TAIGUM $410 27 $390 31
4032 CHERMSIDE/CRAIGSLEA $400 52 $400 45
4034 ASPLEY/BOONDAL/GEEBUNG/ZILLMERE $400 127 $400 129
4036 BALD HILLS $385 17 $370 19
NORTH WEST - INNER $510 116 $500 93
4059
BALLYMORE/ITHACA/KELVIN GROVE/
RED HILL
$500 52 $520 36
4060
ASHGROVE/DORRINGTON/
ST JOHNS WOOD
$485 38 $470 34
4065 BARDON/JUBILEE/RAINWORTH $580 26 $500 23
NORTH WEST - OUTER $430 215 $420 234
4053
BROOKSIDE/EVERTON PARK/
MCDOWALL/STAFFORD
$420 133 $420 148
4054 ARANA HILLS/KEPERRA $430 55 $400 55
4061 THE GAP $460 27 $450 31
SOUTH - INNER $430 300 $425 302
4103 ANNERLEY/FAIRFIELD $450 25 $460 39
4104 YERONGA $450 14 $430 20
4105 CLIFTON HILL/MOOROOKA/TENNYSON $425 45 $400 26
4120 GREENSLOPES/STONES CORNER $450 27 $470 27
4121
EKIBIN/HOLLAND PARK/TARRAGINDI/
WELLERS HILL
$450 68 $430 76
4122 MANSFIELD/MT GRAVATT/WISHART $420 119 $400 107
SOUTH - OUTER $390 293 $390 292
4106 BRISBANE MARKET/ROCKLEA $370 13 $360 10
4107 SALISBURY $390 24 $380 22
4108 ARCHERFIELD/COOPERS PLAINS $365 27 $400 26
4109
ALTANDI/MACGREGOR/ROBERTSON/
SUNNYBANK
$390 89 $400 87
4110 ACACIA RIDGE/LARAPINTA/WILLAWONG $350 43 $350 50
4112 KURABY $385 6 $370 12
4113 EIGHT MILES PLAINS/RUNCORN $400 53 $390 42
4115 ALGESTER/PARKINSON $400 20 $390 21
4116 CALAMVALE/DREWVALE/STRETTON $400 18 $420 22
SOUTH EAST - INNER $460 267 $450 279
4151 COORPAROO $470 40 $480 33
4152 CAMP HILL/CARINA/CARINDALE $440 87 $440 108
4170
CANNON HILL/MORNINGSIDE/NORMAN
PARK
$460 84 $450 75
4171 BALMORAL/BULIMBA/HAWTHORNE $510 37 $540 37
4172 MURARRIE $400 19 $400 26
SOUTH EAST - OUTER $420 50 $425 48
4153 BELMONT $455 7 $425 5
4154 GUMDALE/RANSOME/WAKERLEY $470 6 $440 10
4173 TINGALPA $410 32 $420 24
SOUTH WEST - INNER $450 111 $440 80
4068 CHELMER/INDOOROOPILLY/TARINGA $485 40 $455 36
4075 CORINDA/GRACEVILLE/OXLEY/SHERWOOD $420 71 $430 44
SOUTH WEST - OUTER $360 281 $360 304
4069 BROOKFIELD/CHAPEL HILL/KENMORE $450 33 $450 28
4070 ANSTEAD/BELLBOWRIE/MOGGILL $380 10 $375 10
4073 SEVENTEEN MILE ROCKS/SINNAMON PARK $405 13 $430 7
4074
JINDALEE/MTOMMANEY/SUMNER/
WESTLAKE
$395 43 $400 53
4076 DARRA/WACOL $340 26 $330 25
4077 DOOLANDELLA/DURACK/INALA/RICHLANDS $320 68 $320 77
4078 FOREST LAKE/CAROLE PARK $360 88 $360 104
SALES MARKET - UNITS & TOWNHOUSES (CONT’D)
SUBURB
NO.
SALES
MEDIAN
SALE
QTRLY
CHANGE
ANNUAL
MEDIAN
SALE
1YR
CHANGE
5YR
CHANGE
ANNUAL
MEDIAN
SALE
(5YRS AGO)
SALES MARKET - VACANT LAND
SUBURB
NO.
SALES
MEDIAN
SALE
QTRLY
CHANGE
ANNUAL
MEDIAN
SALE
1YR
CHANGE
5YR
CHANGE
ANNUAL
MEDIAN
SALE
(5YRS AGO)
The median sale price in
Brisbane increased by
1.3 per cent over the
June quarter. The best
performers were Clayfield,
East Brisbane, Sinnamon
Park, Kuraby, Holland
Park and Hawthorne.

RENTAL MARKET - 2 BED UNITS
POST JUN-16 JUN-15
CODE LOCALITYL
RENTAL MARKET - 3 BED TOWNHOUSES
POST JUN-16 JUN-15
CODE LOCALITYL
BRISBANE CITY $420 1627 $410 1537
BAYSIDE $410 85 $400 76
4179 LOTA/MANLY $415 32 $400 28
CITY - INNER $620 66 $615 59
4006
NEWSTEAD
$665 12 $650 9
4067 IRONSIDE/ST LUCIA $620 10 $650 6
4169 EAST BRIS/KANGAROO POINT $560 6 N.A. 4
NORTH - INNER $500 105 $480 112
4007 ASCOT/HAMILTON $600 15 $600 12
4051
$480 35 $480 33
NORTH - OUTER $395 218 $390 203
4013 NORTHGATE $460 13 $440 10
4017
BRACKEN RIDGE/BRIGHTON/DEAGON/
SANDGATE
$375 44 $380 34
4036 BALD HILLS $365 7 $365 7
NORTH WEST - INNER $550 13 $500 12
4065 BARDON/JUBILEE/RAINWORTH $525 5 N.A. 3
NORTH WEST - OUTER $450 54 $420 56
4053
MCDOWALL/STAFFORD
$450 48 $420 48
SOUTH - INNER $440 130 $440 116
4104 YERONGA $450 7 $490 13
4121
WELLERS HILL
$415 10 $440 6
SOUTH - OUTER $400 371 $395 326
4107 SALISBURY $485 6 $465 5
4109
SUNNYBANK
$410 55 $415 48
4110 ACACIA RIDGE/LARAPINTA/WILLAWONG $350 20 $350 15
4112 KURABY $375 14 $380 21
4113 EIGHT MILES PLAINS/RUNCORN $415 115 $400 122
4115 ALGESTER/PARKINSON $420 66 $375 25
4116 CALAMVALE/DREWVALE/STRETTON $390 93 $385 88
SOUTH EAST - INNER $480 242 $480 221
4151 COORPAROO $500 14 $475 17
4170
CANNON HILL/MORNINGSIDE/NORMAN
PARK
$470 69 $495 73
4172 MURARRIE $500 15 $530 13
4154 GUMDALE/RANSOME/WAKERLEY $420 33 $420 30
4173 TINGALPA $405 11 $410 42
SOUTH WEST - INNER $460 67 $465 62
4075
CORINDA/GRACEVILLE/OXLEY/
SHERWOOD
$430 36 $400 38
BRISBANE CITY $400 4731 $400 4298
BAYSIDE $330 52 $330 53
4179 LOTA/MANLY $350 15 $385 19
CITY - INNER $490 1929 $495 1680
4006
NEWSTEAD
$480 416 $480 240
4067 IRONSIDE/ST LUCIA $410 99 $420 95
4102 BURANDA/DUTTON PARK/WOOLOONGABBA $440 60 $395 50
4169 EAST BRIS/KANGAROO POINT $475 189 $495 228
NORTH - INNER $380 1002 $370 938
4007 ASCOT/HAMILTON $435 173 $410 156
4010 ALBION/BREAKFAST CREEK $415 35 $390 28
4051
$360 159 $360 140
NORTH - OUTER $350 251 $345 257
4013 NORTHGATE $300 26 $330 24
4014 BANYO/NUDGEE/VIRGINIA $350 6 $350 10
4017
BRACKEN RIDGE/BRIGHTON/DEAGON/
SANDGATE
$300 17 $265 16
NORTH WEST - INNER $410 140 $400 129
4059
BALLYMORE/ITHACA/KELVIN GROVE/
RED HILL
$415 90 $400 75
4060
ASHGROVE/DORRINGTON/
ST JOHNS WOOD
$425 41 $440 43
4065 BARDON/JUBILEE/RAINWORTH $320 9 $300 11
NORTH WEST - OUTER $360 82 $380 89
4053
MCDOWALL/STAFFORD
$365 80 $380 84
SOUTH - INNER $350 440 $350 407
4104 YERONGA $345 39 $350 30
4121
WELLERS HILL
$365 49 $350 43
SOUTH - OUTER $340 60 $310 44
4106 BRISBANE MARKET/ROCKLEA $320 7 $285 6
4108 ARCHERFIELD/COOPERS PLAINS $400 11 N.A. 4
4109
SUNNYBANK
$360 17 $350 20
4113 EIGHT MILES PLAINS/RUNCORN $365 8 N.A. 2
SOUTH EAST - INNER $395 497 $380 430
4151 COORPAROO $350 153 $360 171
4170
CANNON HILL/MORNINGSIDE/
NORMAN PARK
$410 185 $395 88
4173 TINGALPA $330 5 $315 7
SOUTH WEST - INNER $390 258 $375 242
4075
CORINDA/GRACEVILLE/OXLEY/
SHERWOOD
$360 43 $340 38
SOUTH WEST - OUTER $300 12 $300 20
4076 DARRA/WACOL $275 5 $250 5

21JUNE QUARTER 2016
SOUTH WEST - OUTER $360 226 $365 215
4073
SEVENTEEN MILE ROCKS/SINNAMON
PARK
$405 7 $435 8
4074
JINDALEE/MTOMMANEY/SUMNER/
WESTLAKE
$500 13 $405 14
4076 DARRA/WACOL $375 15 $370 27
4077
DOOLANDELLA/DURACK/INALA/
RICHLANDS
$355 163 $360 120
4078 FOREST LAKE/CAROLE PARK $360 24 $360 40
RENTAL MARKET - 3 BED TOWNHOUSES (CONT’D)
POST JUN-16 JUN-15
CODE LOCALITYL
52
131
177
82
28
87
151
58
22
66
93
43
<$250k $250K+ $350K+ $500k+
BRISBANE LAND SALES
*Preliminary data
1,126
431
56 41
833
464
63 27
573
204
24
<$250k $250K+ $350K+ $50
BRISBANE SURROUNDS LAND SALES
*Preliminary data
436
145
23 21 19
289
94
34
11 11
150
46
21 9 10
<$250k $250K+ $350K+ $500k+ $1M+
GOLD COAST LAND SALES
*Preliminary data
137
10 7
92
9 9
52
4
<$250k $250K+ $350K+
TOOWOOMBA LAND SALES
*Preliminary data
56
474
1,390
800
9683
397
1,157
775
9060
260
800
481
68
<$250k $250K+ $350K+ $500k+ $1M+
BRISBANE UNIT SALES
*Preliminary data
296
430
360
103
11
296
401
258
98
1
243 231
150
86
<$250k $250K+ $350K+ $500k+ $1
BRISBANE SURROUNDS UNIT SALES
*Preliminary data
331
863 883
689
156
277
842
888
666
172
210
567
603
476
99
<$250k $250K+ $350K+ $500k+ $1M+
GOLD COAST UNIT SALES
*Preliminary data
26
63
28
8
32
75
25
10
22
40
15
<$250k $250K+ $350K+ $500k
TOOWOOMBA UNIT SALES
*Preliminary data
123
286 285
239
48
110
285
327
241
56
95
215
232
172
27
<$250k $250K+ $350K+ $500k+ $1M+
SUNSHINE COAST & NOOSA UNIT SALES
*Preliminary data
41
28
6
2
39
35
11
3
26
19
7
<$250k $250K+ $350K+ $500k
FRASER COAST UNIT SALES
*Preliminary data
123
784
2,804
547
101
758
2,435
420
100
582
1,981
393
<$350K $350K+ $500k+ $1M+
BRISBANE HOUSE SALES
*Preliminary data
Houses<2,400m
1,410
1,946
927
44
1,408
1,965
1,009
34
1,082
1,391
671
29
<$350K $350K+ $500k+ $1M+
BRISBANE SURROUNDS HOUSE SALES
*Preliminary data
Houses<2,400m
30
590
988
179
43
619
993
200
19
413
788
174
<$350K $350K+ $500k+ $1M+
GOLD COAST HOUSE SALES
*Preliminary data
Houses<2,400m
278
246
86
277
218
74
240
159
58
<$350K $350K+ $500k+
TOOWOOMBA HOUSE SALES
*Preliminary data
Houses<2,400m
94
541
629
9189
511
698
79
51
362
495
68
<$350K $350K+ $500k+ $1M+
SUNSHINE COAST & NOOSA HOUSE SALES
*Preliminary data
Houses<2,400m
292
102
18
283
92
23
220
71
9
<$350K $350K+ $500k+
FRASER COAST HOUSE SALES
*Preliminary data
Houses<2,400m
196
187
150
BUNDABERG HOUSE SALES
57
44
17
44
40
43
24
GLADSTONE HOUSE SALES

REGIONAL MARKET UPDATES
GOLD COAST
The Gold Coast residential property market continued
to strengthen and was one of the strongest markets in
Queensland this quarter.
The increase in the median sale price of houses has been
positive over the past four quarters, reaching the largest
annual median sale price increase in Queensland of 6.7
per cent to June 2016. The performance of the unit market
remains volatile but contrary to predictions it improved
over the June 2016 quarter.
The large-scale infrastructure under way on the Gold
Coast, for the Commonwealth Games, has benefited the
property market. A recent project was the $40 million
Coomera Indoor Sports Centre, and Stage 2 of the $420
million Gold Coast Light Rail extension project has
just commenced.
More than $5 billion in residential and commercial projects
is under way on the Gold Coast. Some of these projects are:
• $1 billion Jewel residences in Surfers Paradise - the
largest five-star development with a hotel on the
Gold Coast.
• Pacific Fair renovation, with an expected project value
of $670 million.
• Jupiter’s Hotel and Casino renovation with an
estimated investment of $350 million.
With significant infrastructure projects under way and
large-scale residential and commercial development
happening, the Gold Coast is booming. Tourism numbers
are up, boosted by the weaker Australian dollar.
The Gold Coast's prospects are good; it is a modern city
that offers residents outstanding healthcare, first-rate
education, and good employment opportunities.
HOUSE MARKET
The house market on the Gold Coast is solid and its
prospects are good with the type of buyers currently
including interstate investors.
Despite the uncertainty triggered by the lengthy federal
election campaign, the median sale price of houses
increased for a fourth consecutive quarter, reaching an
annual median sale price of $560,000 compared to $525,000
over 12 months ago.
The five-year performance of the market has also been
solid, reaching an accumulated increase of 14.9 per cent,
equivalent to an annual increase of 2.8 per cent.
The largest volume of sales was in the $500,000 -
$1million price bracket. However, local real estate agents
have noted higher demand for high-end properties closer
to the beach. This aligns with the quarterly increase in
the median sale price in Broadbeach Waters from
$1.04 million in March to $1.1 million in June and
Mermaid Beach from $1.3 million in March to
$1.54 million in June.
Stock on market and total listings have both shown a
slight reduction, potentially contributing to the upward
trend on the median sale price. Median days on market
have contracted by about a week over the past 12
months, sitting slightly above one month. Median vendor
discounting has also contracted to 4.2 per cent in May
2016. Market trend indicators are clearly showing a
market operating in a high-demand environment.
UNIT MARKET
The unit market performance remains volatile, but it
has returned to positive territory, reaching a quarterly
increase of 1.6 per cent in June 2016.
Over the past 12 months, the unit market increased
moderately from $367,850 in June 2015 to $380,000 in
June 2016. Over the medium term, the median sale price
showed a slight increase from $370,000 in June 2011 to
$380,000 in June 2016.
Local real estate agents are noting a higher interest in
units close to public transport. The largest volume of
activity remains in the $250,000 to $500,000 median sale
price range.
Market trend indicators are showing a potential increase
in demand in the unit market. Median days on market
have reduced from 60 days in May 2015 to 52 in May 2016
while median vendor discount dropped from 5.2 per cent
in May 2015 to 4.4 per cent in May 2016

Queensland Market Monitor, June Quarter 2016

Queensland Market Monitor, June Quarter 2016

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Queensland Market Monitor, June Quarter 2016