Qmm issue 8 rei qmbr_ljgilland

www.reiq.com.au

Y O U R S T A T E - W I D E P R O P E R T Y R E S E A R C H G U I D E - S U B U R B B Y S U B U R B

www.reiq.com.auIssue 8

Proud to be a REIQ Individual Member

MARKETMONITORQ

UE

EN

SLA

ND

Linda Jane DebelloLicencee / Director L.J. GILLAND REAL ESTATE

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www.reiq.com.auIssue 8 - September Quarter 2010

MARKETMONITORQ

UE

EN

SLA

ND

page 2

Please see page 39 for legend and further notes

SEPTEMBER QUARTER 2010 STATE-WIDE SUMMARY

COnTEnTS

State-wide Summary.................................. page 2

Regional Overview

[Houses, Units & Townhouses, Vacant land, Rents]

Brisbane City.......................................... page 4 Brisbane Surrounds.............................. page 9 Gold Coast City..................................... page 14 Toowoomba Regional........................... page 16 Sunshine Coast City............................ page 18 Fraser Coast Regional.......................... page 21 Bundaberg Regional.............................. page 22 Gladstone Regional............................... page 24 Rockhampton Regional......................... page 25 Mackay Regional.................................... page 27 Townsville City........................................ page 29 Cairns Regional...................................... page 31 Other Regional Areas............................ page 33

Rental Yields & Vacancy Rates................ page 37

Research Methodology............................. page 38

Explanatory Notes........................................ page 39

The Real Estate Institute of Queensland Ltd. Copyright © 2010

21 Turbo Drive, Coorparoo, PO Box 1555, Coorparoo DC Q 4151

Ph: (07) 3249 7347 Fax: (07) 3249 6211 Email: [email protected]

Queensland Market Monitor is published byThe Real Estate Institute of Queensland (REIQ).

ABN 49 009 661 287

Disclaimer: The information contained in this publication, while based on information believed reliable, is not guaranteed. Nor is any of it tendered by way of investment advice; instead, it is intended only to inform and illustrate. No reader should act on the basis of any matter contained in this publication without considering and if necessary taking appropriate professional advice with regards to their own particular circumstances. The publisher and editor give no representations and make no warranties, express or implied, with respect to the accuracy or completeness of any of the material (including statistics, advertisements and advertising features) contained in this publication. The publisher and editor expressly disclaim any and all liability to the reader, whether a purchaser of this publication or not, in respect of anything and the consequences of anything done or omitted to be done by any such person in reliance, whether whole or partial, upon the whole or any part of the contents of this publication. The publisher, editor or contributors will enter into no correspondence in relation to this publication. The mention of the company, organisation, person, investment strategy or technique does not imply endorsement by the publisher. The publisher has not vetted advertisers and their products/services. The inclusion of advertisements or special advertising features in this publication does not imply endorsement of the advertiser/s or their products/services by the publisher. Articles are published in reliance upon the representations and warranties of the authors of the articles and without knowledge of any infringement of any third party’s copyright. Copyright: This publication is protected under the Commonwealth Copyrights Act 1968 and may not, in whole or part, be lent, copied, photocopied, reproduced, translated or reduced to any electronic medium or machine-readable format without the express permission of the publisher. For permissions or reprints, contact the Market Place Strategy Division on phone 07 3249 7347.

PUBLISHED: 10 December 2010

Median house and unit prices The Queensland residential property market proved resilient in the September quarter even as the wider economy came to grips with six almost consecutive interest rates increases, and the uncertainty surrounding the Federal Election during that time.

However, agents across most of the State are reporting tough market conditions partly due to a lack of committed buyers. Sellers, therefore, are being more realistic about their price expectations which mean significant buying opportunities currently exist. Across the state, preliminary sales numbers were subdued in many areas with median prices experiencing slight rises or falls.

Agents are reporting that there is no urgency amongst buyers who have recognised that they are in the box seat. However, there appears to be a significant discrepancy between what buyers are prepared to pay and what sellers will accept, even after they have lowered their price expectation, which is resulting in stock remaining unsold on the market.

The strength of the mining sector has underpinned robust results in Gladstone specifically, as well as to a lesser degree in Toowoomba over the quarter.

The Gladstone median house price increased 5.9 per cent to $392,000 since the June quarter.

SnAPSHOT OF lGA DATA

SOUTHEAST QUEENSLAND

BRISBANE (SD) $447,500 -2.7%

BRISBANE CITY $531,170 -1.3%

IPSWICH CITY $310,000 -4.6%

LOGAN CITY $355,000 -2.7%

MORETON BAY REGIONAL $396,000 -2.7%

REDLAND CITY $450,500 -3.8%

GOLD COAST CITY $480,000 -3.0%

SUNSHINE COAST REGIONAL $455,000 -3.2%

MAJOR REGIONAL CENTRES

BUNDABERG REGIONAL ~ $272,000 -4.6%

CAIRNS REGIONAL $364,000 1.7%

FRASER COAST REGIONAL $297,500 -0.8%

GLADSTONE REGIONAL $392,000 5.9%

MACKAY REGIONAL $392,500 -0.6%

ROCKHAMPTON REGIONAL $315,000 -1.6%

TOOWOOMBA REGIONAL $289,000 1.4%

TOWNSVILLE CITY $365,000 -3.9%

SEPTEMBER QUARTER 2010 HOUSES

LOCAL GOVERNMENT AREA Median Change

Sale Price over qtr

www.reiq.com.auIssue 8 - September Quarter 2010 page 3

BRISBAnE CITYSEPTEMBER QUARTER 2010 STATE-WIDE SUMMARY

2902

2730

2815

4015

3787

3597

2693

2639

2309

241

260

224

MAR 10

JUN 10

SEP 10

QUEENSLAND HOUSE SALES<$350,000 <$500,000 <$1m $1m+

2902

2730

2815

4015

3787

3597

2693

2639

2309

241

260

224

MAR 10

JUN 10

SEP 10


597

604

623

1352

1285

1228

1425

1469

1192

716

733

638

158

124

121

MAR 10

JUN 10

SEP 10

QUEENSLAND UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+

2902

2730

2815

4015

3787

3597

2693

2639

2309

241

260

224

MAR 10

JUN 10

SEP 10


597

604

623

1352

1285

1228

1425

1469

1192

716

733

638

158

124

121

MAR 10

JUN 10

SEP 10


1422

1277

281

216

97

82

43

43

38

9

6

JUN 10

SEP 10

QUEENSLAND LAND SALES<$250,000 <$350,000 <$500,000 <$1m $1m+

2902

2730

2815

4015

3787

3597

2693

2639

2309

241

260

224

MAR 10

JUN 10

SEP 10


597

604

623

1352

1285

1228

1425

1469

1192

716

733

638

158

124

121

MAR 10

JUN 10

SEP 10


1373

1422

1277

317

281

216

97

97

82

43

43

38

15

9

6

MAR 10

JUN 10

SEP 10


Gladstone’s property market was buoyed by the potential of the LNG projects earmarked for the region over the quarter. With three multibillion-dollar LNG projects provisionally approved since that time, demand for property has increased markedly.

Investors and prospective mine employees have been waiting for the announcements and have moved quickly to secure property in the region. There are reports of investors buying multiple properties.

The median house price in Toowoomba increased 1.4 per cent to $289,000 over the quarter and was up 7.4 per cent over the year. There is plenty of buyer inquiry in the region given Toowoomba’s location near the Surat Basin Energy Province however confidence needs to improve for activity to increase significantly.

The Cairns residential property market experienced a median house price increase over the September quarter as well as a rise in preliminary sales numbers. Its median house price increased 1.7 per cent to $364,000 while sales numbers were up about 20 per cent over the period. The sound result was possibly due to some astute buyers recognising that the market was at, or near, the bottom of its cycle.

The Queensland unit and townhouse market held its ground over the quarter with median prices relatively steady but preliminary sales numbers down by about 10 per cent.

Reduced demand in the $350,000 to $500,000 price was most evident, with preliminary sales numbers down 19 per cent compared to the June quarter. This can be attributed to lower levels of activity from first home buyers and investors.

Toowoomba was the strongest performer for units and townhouses over the period with a median price increase of 6.4 per cent to $240,000 and preliminary sales numbers up by 5 per cent.

Ipswich and Bundaberg also fared well with median unit and townhouse price increases of 4.5 per cent to $257,000 and 3.7 per cent o $250,000 respectively.

Median land prices Demand and median prices for land across Queensland held relatively steady over the quarter with the exception of the Gold and Sunshine coasts which experienced significant

decreases in preliminary sales numbers partly due to the near-completion of sales in new residential developments.

Across Queensland there were about 1,619 preliminary sales of vacant urban land over the quarter, down about 13 per cent on the previous quarter. There was reduced numbers of sales across all price points over the period.

The Ipswich region experienced the highest increase in preliminary sales over the period with 55 more preliminary land sales recorded than the previous quarter. This is mainly due to the release of new residential developments in Brassall and Redbank Plains where sales were up 45 and 20 respectively over the September quarter.

Median rents Over the year to September, median rents across Queensland recorded relatively minor price adjustments given the interest rate environment remained historically low over the that period. However, demand is increasing in most areas as many buyers stay on the sidelines.

The REIQ’s September 2010 residential rental survey of property managers found vacancy rates easing slightly in South East Queensland, with the exception of the Sunshine Coast which has seen residential rental demand increase marginally.

Regional Queensland is experiencing tighter vacancy rates in most major centres, albeit with many still recording rates in excess of 3 per cent. The resources industry is again having an impact in areas such as Bundaberg, Gladstone and Rockhampton – all reporting vacancy rates substantially lower than those recorded in March.

2902

2730

2815

4015

3787

3597

2693

2639

2309

241

260

224

MAR 10

JUN 10

SEP 10


2902

2730

2815

4015

3787

3597

2693

2639

2309

241

260

224

MAR 10

JUN 10

SEP 10


597

604

623

1352

1285

1228

1425

1469

1192

716

733

638

158

124

121

MAR 10

JUN 10

SEP 10


2902

2730

2815

4015

3787

3597

2693

2639

2309

241

260

224

MAR 10

JUN 10

SEP 10


597

604

623

1352

1285

1228

1425

1469

1192

716

733

638

158

124

121

MAR 10

JUN 10

SEP 10


1422

1277

281

216

97

82

43

43

38

9

6

JUN 10

SEP 10


2902

2730

2815

4015

3787

3597

2693

2639

2309

241

260

224

MAR 10

JUN 10

SEP 10


597

604

623

1352

1285

1228

1425

1469

1192

716

733

638

158

124

121

MAR 10

JUN 10

SEP 10


1373

1422

1277

317

281

216

97

97

82

43

43

38

15

9

6

MAR 10

JUN 10

SEP 10


2902

2730

2815

4015

3787

3597

2693

2639

2309

241

260

224

MAR 10

JUN 10

SEP 10


2902

2730

2815

4015

3787

3597

2693

2639

2309

241

260

224

MAR 10

JUN 10

SEP 10


597

604

623

1352

1285

1228

1425

1469

1192

716

733

638

158

124

121

MAR 10

JUN 10

SEP 10


2902

2730

2815

4015

3787

3597

2693

2639

2309

241

260

224

MAR 10

JUN 10

SEP 10


597

604

623

1352

1285

1228

1425

1469

1192

716

733

638

158

124

121

MAR 10

JUN 10

SEP 10


1422

1277

281

216

97

82

43

43

38

9

6

JUN 10

SEP 10


2902

2730

2815

4015

3787

3597

2693

2639

2309

241

260

224

MAR 10

JUN 10

SEP 10


597

604

623

1352

1285

1228

1425

1469

1192

716

733

638

158

124

121

MAR 10

JUN 10

SEP 10


1373

1422

1277

317

281

216

97

97

82

43

43

38

15

9

6

MAR 10

JUN 10

SEP 10




MARKETMONITORQ

UE

EN

SLA

ND

BRISBAnE CITY

127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10

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

164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10

ROCKHAMPTON HOUSE SALES<$350,000 <$500,000 $500,000+

274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10

TOOWOOMBA HOUSE SALES<$350,000 <$500,000 $500,000+

127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


839

775

815

1147

1111

1009

454

424

328

13

14

16

MAR 10

JUN 10

SEP 10

BRISBANE SURROUNDS' HOUSE SALES

<$350,000 <$500,000 <$1m $1m+

INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL

193

182

156

80

48

51

10

15

9

MAR 10

JUN 10

SEP 10

FRASER COAST HOUSE SALES<$350,000 <$500,000 $500,000+

62

70

77

183

150

148

46

51

54

MAR 10

JUN 10

SEP 10

MACKAY HOUSE SALES<$350,000 <$500,000 $500,000+

164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


839

775

815

1147

1111

1009

454

424

328

13

14

16

MAR 10

JUN 10

SEP 10


<$350,000 <$500,000 <$1m $1m+


16

20

24

434

417

433

422

364

332

58

54

49

MAR 10

JUN 10

SEP 10

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

166

144

181

60

41

42

12

9

8

MAR 10

JUN 10

SEP 10

BUNDABERG HOUSE SALES<$350,000 <$500,000 $500,000+

193

182

156

80

48

51

10

15

9

MAR 10

JUN 10

SEP 10


171

159

178

207

198

214

51

55

57

MAR 10

JUN 10

SEP 10

TOWNSVILLE HOUSE SALES<$350,000 <$500,000 $500,000+

62

70

77

183

150

148

46

51

54

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


839

775

815

1147

1111

1009

454

424

328

13

14

16

MAR 10

JUN 10

SEP 10


<$350,000 <$500,000 <$1m $1m+


16

20

24

434

417

433

422

364

332

58

54

49

MAR 10

JUN 10

SEP 10


50

46

68

396

348

322

290

226

189

41

40

26

MAR 10

JUN 10

SEP 10

SUNSHINE COAST HOUSE SALES<$350,000 <$500,000 <$1m $1m+

166

144

181

60

41

42

12

9

8

MAR 10

JUN 10

SEP 10


120

139

166

158

118

165

40

43

55

MAR 10

JUN 10

SEP 10

CAIRNS HOUSE SALES<$350,000 <$500,000 $500,000+

193

182

156

80

48

51

10

15

9

MAR 10

JUN 10

SEP 10


52

64

44

77

109

90

19

25

27

MAR 10

JUN 10

SEP 10

GLADSTONE HOUSE SALES<$350,000 <$500,000 $500,000+

171

159

178

207

198

214

51

55

57

MAR 10

JUN 10

SEP 10


62

70

77

183

150

148

46

51

54

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10

BRISBANE CITY UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+

10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10

ROCKHAMPTON UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+

43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10

TOOWOOMBA UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+

50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10

BRISBANE SURROUNDS' UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+


13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10

FRASER COAST UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+

14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10

MACKAY UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+

10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



99

123

104

415

428

374

407

405

282

278

258

191

91

46

50

MAR 10

JUN 10

SEP 10

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

16

28

20

19

14

12

5

4

6

1

3

3

MAR 10

JUN 10

SEP 10

BUNDABERG UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+

13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


26

23

22

59

38

31

30

19

21

14

12

11

MAR 10

JUN 10

SEP 10

TOWNSVILLE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+

14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



99

123

104

415

428

374

407

405

282

278

258

191

91

46

50

MAR 10

JUN 10

SEP 10


44

45

46

163

139

140

145

146

99

100

87

77

23

19

24

MAR 10

JUN 10

SEP 10

SUNSHINE COAST UNIT SALES<$250,000 <$350,000 <$500,000 <$1m $1m+

16

28

20

19

14

12

5

4

6

1

3

3

MAR 10

JUN 10

SEP 10


124

80

119

64

69

56

31

30

32

14

25

21

MAR 10

JUN 10

SEP 10

CAIRNS UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+

13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


10

9

17

11

9

5

12

14

4

3

5

6

MAR 10

JUN 10

SEP 10

GLADSTONE UNIT SALES<$250,000 <$350,000 <$500,000 $500,000+

26

23

22

59

38

31

30

19

21

14

12

11

MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10

BRISBANE CITY LAND SALES<$250,000 <$350,000 <$500,000 $500,000+

57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10

ROCKHAMPTON LAND SALES<$250,000 <$350,000 $350,000+

67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10

TOOWOOMBA LAND SALES<$250,000 <$350,000 $350,000+

26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10

BRISBANE SURROUNDS' LAND SALES<$250,000 <$350,000 <$500,000 $500,000+


GOLD COAST LAND SALES BUNDABERG LAND SALES

61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10

FRASER COAST LAND SALES<$250,000 <$350,000 $350,000+

TOWNSVILLE LAND SALES

80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10

MACKAY LAND SALES<$250,000 <$350,000 $350,000+

57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10



67

83

52

38

41

25

5

8

1

14

14

6

MAR 10

JUN 10

SEP 10

GOLD COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+

SUNSHINE COAST LAND SALES$250 000 $350 000 $500 000 $500 000

52

44

44

4

4

0

1

0

2

MAR 10

JUN 10

SEP 10

BUNDABERG LAND SALES<$250,000 <$350,000 $350,000+

CAIRNS LAND SALES$250 000 $350 000 $350 000

61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10


GLADSTONE LAND SALES$250 000 $350 000 $350 000

62

58

55

11

12

4

3

5

2

MAR 10

JUN 10

SEP 10

TOWNSVILLE LAND SALES<$250,000 <$350,000 $350,000+

80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10



67

83

52

38

41

25

5

8

1

14

14

6

MAR 10

JUN 10

SEP 10


66

52

39

61

47

18

13

15

18

15

11

9

MAR 10

JUN 10

SEP 10

SUNSHINE COAST LAND SALES<$250,000 <$350,000 <$500,000 $500,000+

52

44

44

4

4

0

1

0

2

MAR 10

JUN 10

SEP 10


58

56

53

10

8

6

5

3

8

MAR 10

JUN 10

SEP 10

CAIRNS LAND SALES<$250,000 <$350,000 $350,000+

61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10


32

81

57

6

1

4

2

3

2

MAR 10

JUN 10

SEP 10

GLADSTONE LAND SALES<$250,000 <$350,000 $350,000+

62

58

55

11

12

4

3

5

2

MAR 10

JUN 10

SEP 10


80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


Median house and unit prices The Brisbane residential property market was impacted by subdued buyer demand over the September quarter.

The Brisbane median house price decreased 1.3 per cent to $531,170 over the period. The preliminary number of house sales was down by about 13 per cent over the quarter.

In Brisbane’s eastern suburbs, agents are reporting a cautious but positive mood with increased inquiry. A reasonable number of sales over a quite broad range of property prices and types are taking place, however there is no real sense of urgency from buyers.

Brisbane’s westerns suburbs stole the limelight this quarter with The Gap recording the city’s highest increase in preliminary sales numbers over the year (up about 20 per cent) and St Lucia’s annual median tipping the $1 million mark and recording the highest increase in the median thanks to performance at the upper end of the market.

On the south side, Forest Lake, Sunnybank Hills and Calamvale continue to record high sales volumes however agents are reporting a lack of urgency on behalf of both buyers and sellers. The up-grader suburbs of Camp Hill, Carindale and Mount Gravatt East also performed well over the year with preliminary sales numbers holding steady.

The median Brisbane unit and townhouse price decreased 0.5 per cent to $408,000 over the quarter, with preliminary sales numbers also easing slightly during that time.

Steady performers over the quarter included Albion, Carina, Coorparoo, Sunnybank Hills and Tingalpa. Carina, particularly, recorded solid results with a 3 per cent median price rise to $432,500 as well as a preliminary sales numbers more than doubling – to 26 – compared to the June quarter.

There have been new starts on a number of small/medium developments in the eastern suburbs, including waterfront sales in Kangaroo Point where one of Brisbane’s top unit sales for the year to September was recorded for a unit in Castlebar Ave selling for $4.5 million.

Vacant land pricesThe median price of vacant land in Brisbane increased 5.2 per cent to $315,000 over the quarter. Preliminary sales numbers were steady over the period but were down over the year.

Fitzgibbon, about 16km north of Brisbane, was the best performing suburb with a median price rise of 4.4 per cent to $234,950 over the quarter and the most preliminary sales number at 19. These results can be attributed to Fitzgibbon being a declared Urban Development Area. New development at Fitzgibbon will provide a range of housing choices to cater for the diverse needs of the northern Brisbane community through a mix of densities, types, designs, price points and home ownership and rental options.

Median rentsThe median rent for a three-bedroom house in Brisbane increased $10 to $380 per week between September 2009 and September this year. The median rent for a two-bedroom unit also increased $10 to $365 per week over the same period.

Agents in inner Brisbane are reporting some oversupply issues which is resulting in downward pressure on rents. The RTA reports median rents remaining relatively stable in the majority of the inner city area. With the end of the university year now here, international students have also returned home.

Brisbane’s outer suburbs are seeing a number of break lease situations and many agents are reporting tenant enquiry having slowed considerably. However, with many also reporting a drop in investor activity, supply has not increased which as resulted in vacancy rates holding steady at 2.6 per cent.



BRISBAnE CITY

HOUSES HOUSES continued

Suburb/ Number of Sep change 12 mths to change changeLocality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr Sep 2010 1yr 5yrs

MEDIAN SALES DATA MEDIAN SALES DATASuburb/ Number of Sep change 12 mths to change changeLocality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr Sep 2010 1yr 5yrs

BRISBANE (SD) 4,386 $447,500 -2.7% $460,000 10.8% 46.3%

BRISBANE (SD) ^ 328 $590,000 2.6% $590,000 9.3% 37.2%

BRISBANE CITY (LGA) 2,218 $531,170 -1.3% $540,000 12.5% 49.2%

BRISBANE CITY (LGA) ^ ~ 44 $1,087,500 8.8% $1,095,000 25.9% 50.0%

ACACIA RIDGE ~ 16 $317,500 -13.0% $337,500 3.2% 46.7%

ALBION 5 N/A N/A $650,000 N/A 66.7%

ALDERLEY 14 $625,000 1.2% $612,000 4.2% 47.5%

ALGESTER ~ 20 $397,550 -7.5% $422,000 8.2% 47.0%

ANNERLEY ~ 12 $554,500 -7.6% $597,500 14.9% 59.3%

ASCOT ~ 6 N/A N/A $1,212,500 30.0% 49.7%

ASHGROVE ~ 26 $798,750 17.5% $677,875 7.6% 53.0%

ASPLEY 22 $461,000 -6.6% $468,000 2.9% 38.8%

AUCHENFLOWER 4 N/A N/A $800,000 9.3% 48.1%

BALD HILLS ~ 17 $395,000 2.6% $391,000 -0.4% 47.5%

BALMORAL 8 N/A N/A $799,000 13.3% 59.8%

BANYO 26 $412,500 -4.1% $430,000 12.6% 56.1%

BARDON ~ 30 $700,000 -12.7% $785,500 17.2% 58.7%

BELLBOWRIE ~ 12 $528,500 11.0% $490,000 14.2% 42.0%

BELMONT 7 N/A N/A $589,000 10.1% 54.0%

BOONDALL 18 $419,500 -0.8% $423,000 3.2% 36.3%

BRACKEN RIDGE 37 $410,000 -4.7% $419,500 2.3% 36.2%

BRIDGEMAN DOWNS ~ 10 $672,500 -7.9% $706,750 14.0% 35.3%

BRIGHTON 35 $398,000 -4.1% $420,000 10.5% 48.4%

BULIMBA 26 $870,000 -1.0% $900,000 16.9% 36.9%

BURBANK ^ ~ 5 $1,430,000 N/A $1,187,500 N/A N/A

CALAMVALE 33 $545,000 -2.3% $525,000 9.4% 48.3%

CAMP HILL ~ 32 $707,750 8.9% $657,500 16.4% 51.1%

CANNON HILL 16 $572,500 -2.1% $570,000 16.8% 52.0%

CARINA 23 $535,000 7.0% $523,500 12.6% 49.6%

CARINA HEIGHTS 7 N/A N/A $530,000 10.4% 46.8%

CARINDALE 34 $665,750 -3.2% $700,000 11.8% 45.8%

CARSELDINE 9 N/A N/A $535,500 12.7% 46.8%

CHANDLER ^ ~ 2 N/A N/A $1,167,500 N/A N/A

CHAPEL HILL 27 $650,000 -3.7% $650,000 9.2% 44.4%

CHELMER 8 N/A N/A $890,000 17.4% 50.3%

CHERMSIDE 9 N/A N/A $465,000 4.6% 40.9%

CHERMSIDE WEST 13 $485,000 -1.0% $466,337 7.8% 48.4%

CLAYFIELD ~ 19 $800,000 -10.1% $935,000 19.5% 53.3%

COOPERS PLAINS 9 N/A N/A $437,500 8.6% 57.5%

COORPAROO 23 $620,000 -1.6% $670,000 15.5% 52.1%

CORINDA ~ 7 N/A N/A $682,500 20.8% 64.5%

DARRA 7 N/A N/A $374,000 10.0% 66.2%

DEAGON 8 N/A N/A $410,000 12.5% 49.1%

DOOLANDELLA 7 N/A N/A $405,000 16.0% 55.3%

DREWVALE ~ 15 $517,500 10.0% $487,000 9.4% 45.4%

DURACK 22 $366,250 -5.8% $370,000 11.4% 48.0%

EAST BRISBANE 13 $645,000 -5.6% $698,250 12.6% 54.3%

EIGHT MILE PLAINS ~ 18 $520,250 -13.3% $600,000 11.1% 46.9%

ENOGGERA 15 $630,000 -0.8% $565,000 12.1% 56.9%

EVERTON PARK ~ 13 $449,000 -13.2% $491,500 14.3% 48.8%

FAIRFIELD 6 N/A N/A $585,250 1.3% 55.4%

FERNY GROVE ~ 20 $485,000 -10.3% $498,000 2.7% 34.6%

FIG TREE POCKET ~ 7 N/A N/A $725,000 -1.7% 55.9%

FITZGIBBON 12 $397,500 N/A $418,000 2.0% 45.1%

FOREST LAKE ~ 66 $380,000 -8.5% $410,000 10.3% 44.9%

GAYTHORNE 6 N/A N/A $541,625 4.7% 49.2%

GEEBUNG 16 $459,000 0.9% $455,000 11.0% 52.9%

GORDON PARK 10 $550,500 N/A $585,000 7.3% 42.7%

GRACEVILLE ~ 14 $626,250 -18.9% $711,800 9.5% 53.7%

GRANGE ~ 4 N/A N/A $678,750 -0.5% 56.0%

GREENSLOPES ~ 16 $591,500 -7.9% $624,000 20.0% 64.2%

HAMILTON ~ 13 $750,000 N/A $1,000,000 -16.0% 25.0%

HAWTHORNE ~ 13 $820,000 N/A $850,000 24.1% 40.5%

HEMMANT 8 N/A N/A $430,000 6.8% 45.8%

HENDRA ~ * 10 $863,750 20.0% $800,000 21.2% 64.9%

HERSTON 4 N/A N/A $666,000 N/A N/A

HIGHGATE HILL 3 N/A N/A $805,000 13.1% 46.4%

HOLLAND PARK ~ 26 $520,000 -7.1% $543,000 11.2% 55.1%

HOLLAND PARK WEST 16 $560,000 -6.4% $557,000 9.2% 61.4%

INALA ~ G 30 $300,000 45.5% $296,000 2.1% 57.3%

INDOOROOPILLY ~ 15 $600,000 -11.1% $665,000 9.9% 25.5%

JAMBOREE HEIGHTS 7 N/A N/A $432,000 4.2% 47.9%

JINDALEE ~ 14 $484,000 -7.8% $495,000 10.7% 43.1%

KARANA DOWNS ^ 2 N/A N/A $520,000 11.8% 35.9%

KARANA DOWNS ~ 1 N/A N/A $405,000 -3.3% 47.3%

KEDRON 19 $546,000 1.6% $540,000 11.8% 56.5%

KELVIN GROVE 7 N/A N/A $632,000 5.4% 43.6%

KENMORE 21 $565,000 -2.6% $565,000 13.0% 50.1%

KENMORE HILLS 3 N/A N/A $690,000 N/A 32.7%

KEPERRA 14 $451,000 4.7% $435,000 6.1% 50.0%

KURABY 8 N/A N/A $549,000 12.8% 41.7%

LOTA 4 N/A N/A $472,000 1.1% 30.6%

MACGREGOR 13 $535,000 -3.1% $535,000 9.6% 40.8%

MACKENZIE 3 N/A N/A $620,000 N/A 37.8%

MANLY ~ 8 N/A N/A $700,000 22.8% 49.6%

MANLY WEST 25 $482,000 3.0% $506,000 8.8% 45.4%

MANSFIELD 20 $500,000 4.7% $510,000 12.6% 54.3%

MCDOWALL ~ 14 $605,000 11.5% $550,000 8.8% 33.8%

MIDDLE PARK ~ 13 $545,000 13.5% $542,000 11.3% 41.7%

MITCHELTON 21 $545,000 3.8% $521,000 11.1% 65.4%

MOGGILL 9 N/A N/A $485,000 4.3% 33.8%

MOOROOKA 25 $488,000 -6.2% $500,000 10.8% 47.5%

MORNINGSIDE ~ 20 $618,500 -8.9% $607,000 16.7% 59.3%

MOUNT CROSBY ^ 3 N/A N/A $560,000 8.6% 45.5%

MOUNT GRAVATT 4 N/A N/A $490,000 4.5% 51.9%

MOUNT GRAVATT EAST 35 $475,000 -0.8% $479,000 8.9% 44.1%

MURARRIE ~ 10 $472,500 -9.4% $535,000 17.1% 33.8%

NEW FARM ~ 13 $980,000 N/A $1,012,500 19.6% 24.2%

NEWMARKET 16 $685,000 N/A $733,000 19.8% 74.5%

NORMAN PARK 20 $685,000 7.7% $665,000 3.9% 55.9%

NORTHGATE ~ 10 $459,500 -2.5% $475,500 -3.5% 36.8%

NUDGEE 10 $485,000 N/A $475,000 5.4% 58.3%

NUNDAH 14 $600,000 -3.2% $583,000 11.6% 55.5%

OXLEY ~ 22 $425,000 -7.4% $454,000 8.2% 51.3%

PADDINGTON ~ 24 $855,000 0.6% $822,500 22.5% 67.9%

PARKINSON ~ 19 $500,000 -9.9% $525,000 11.0% 41.5%

PULLENVALE ^ ~ 8 $1,330,000 19.6% $1,080,000 15.8% 42.1%

RED HILL ~ 22 $670,500 -13.5% $700,000 7.7% 45.5%

RIVERHILLS 11 $420,000 -3.8% $438,300 8.2% 47.1%

ROBERTSON 5 N/A N/A $714,700 17.2% 41.3%

ROCKLEA 2 N/A N/A $368,000 2.8% 63.6%

RUNCORN 28 $421,500 -4.1% $430,000 4.6% 47.0%

SALISBURY ~ 21 $450,000 -7.9% $450,000 8.4% 49.7%

SANDGATE 7 N/A N/A $525,000 11.2% 38.2%

SEVEN HILLS 9 N/A N/A $585,000 8.7% 42.6%

SEVENTEEN MILE ROCKS 6 N/A N/A $539,750 15.6% 61.8%

SHERWOOD 7 N/A N/A $710,000 5.3% 60.5%

SINNAMON PARK 18 $597,500 -6.6% $640,000 10.3% 50.6%



MARKETMONITORQ

UE

EN

SLA

ND

BRISBAnE CITY

UNITS & TOWNHOUSES

HOUSES continued UNITS & TOWNHOUSES continued



SPRING HILL 4 N/A N/A $787,500 N/A 39.3%

ST LUCIA ~ 11 $865,000 N/A $1,035,000 35.1% 43.5%

STAFFORD 17 $550,000 6.8% $480,000 6.7% 61.3%

STAFFORD HEIGHTS 19 $465,000 -2.1% $480,000 11.4% 50.0%

STRETTON ~ 7 N/A N/A $627,500 -1.2% 25.5%

SUNNYBANK 23 $540,000 -4.8% $545,000 9.0% 50.3%

SUNNYBANK HILLS 29 $485,000 -1.0% $510,000 15.3% 47.8%

TAIGUM ~ 10 $433,500 -9.5% $452,500 8.0% 37.1%

TARINGA ~ 13 $680,000 N/A $761,000 21.3% 49.2%

TARRAGINDI 31 $602,000 5.0% $590,000 15.1% 59.4%

THE GAP 37 $560,000 -2.8% $568,000 13.6% 48.3%

TINGALPA 24 $413,000 -5.5% $440,000 4.9% 46.4%

TOOWONG 8 N/A N/A $710,000 12.7% 59.4%

UPPER KEDRON 8 N/A N/A $540,000 4.9% 30.8%

UPPER MOUNT GRAVATT 25 $467,000 -3.7% $473,500 8.9% 50.8%

VIRGINIA 6 N/A N/A $432,000 1.6% 39.4%

WAKERLEY ~ 27 $590,000 -11.3% $631,500 14.1% 45.2%

WAVELL HEIGHTS 37 $552,000 2.1% $540,250 12.6% 56.6%

WEST END 12 $835,000 N/A $810,000 12.2% 59.8%

WESTLAKE 11 $687,500 -1.1% $620,000 14.7% 37.0%

WILSTON ~ 12 $950,000 15.2% $862,500 17.3% 75.7%

WINDSOR ~ 11 $580,000 -10.4% $677,500 11.8% 79.1%

WISHART 19 $582,000 4.1% $570,000 15.4% 54.9%

WOOLLOONGABBA ~ 9 N/A N/A $678,000 20.0% 93.4%

WOOLOOWIN 10 $598,000 -2.5% $680,000 13.8% 49.5%

WYNNUM ~ 36 $501,250 -10.5% $538,000 17.0% 43.9%

WYNNUM WEST 34 $445,000 1.6% $450,000 2.3% 42.9%

YERONGA ~ 5 N/A N/A $672,500 -1.0% 38.7%

ZILLMERE 21 $402,000 1.7% $410,000 9.6% 64.0%

BRISBANE (SD) 1,697 $375,000 -1.8% $377,000 6.2% 42.3%

BRISBANE CITY (LGA) 1,241 $408,000 -0.5% $405,000 6.6% 39.7%

ALBION 8 N/A N/A $418,000 8.6% 47.2%

ALDERLEY 6 N/A N/A $376,000 4.7% 49.2%

ALGESTER * 7 N/A N/A $347,000 13.8% 25.3%

ANNERLEY ~ * 22 $412,000 8.7% $365,500 1.5% 53.6%

ASCOT ~ 18 $391,500 -6.8% $405,000 7.3% 35.0%

ASHGROVE 11 $360,000 N/A $405,000 5.9% 44.4%

ASPLEY 9 N/A N/A $379,000 5.3% 46.9%

AUCHENFLOWER 15 $430,000 -1.6% $430,000 0.1% 31.9%

BALMORAL ~ 6 N/A N/A $499,999 19.8% 54.4%

BARDON * 8 N/A N/A $625,000 N/A 76.1%

BOWEN HILLS 11 $410,000 N/A $426,500 1.5% 27.3%

BRACKEN RIDGE * 10 $357,000 0.6% $355,000 1.5% N/A

BRIDGEMAN DOWNS * 11 $371,000 N/A $369,500 N/A 19.2%

BRISBANE CITY * f 72 $510,000 13.6% $475,000 8.1% 24.0%

BULIMBA ~ 15 $513,000 -5.0% $498,000 -1.4% 28.4%

CALAMVALE * 14 $347,250 8.5% $352,000 0.5% 67.6%

CARINA 26 $432,500 3.0% $430,000 6.6% 34.4%

CARINA HEIGHTS 9 N/A N/A $460,000 3.4% 67.3%

CARINDALE ~ * 10 $632,500 N/A $528,500 14.9% 106.0%

CARSELDINE 7 N/A N/A $360,000 0.6% 50.0%

CHERMSIDE 18 $384,000 1.1% $413,500 2.9% 51.9%

CLAYFIELD 19 $355,000 -2.1% $367,000 2.8% 50.1%

COORPAROO 37 $385,000 4.1% $380,000 8.7% 55.1%

CORINDA * f 6 N/A N/A $417,500 -3.1% 72.5%

EAST BRISBANE * 27 $455,000 N/A $440,000 17.3% 87.2%

EIGHT MILE PLAINS * 13 $380,000 -1.3% $373,000 4.3% 58.7%

ENOGGERA * 3 N/A N/A $390,000 -4.9% N/A

EVERTON PARK 2 N/A N/A $369,000 7.0% 50.0%

FORTITUDE VALLEY 37 $395,000 -4.4% $411,000 3.4% 27.4%

GAYTHORNE * 7 N/A N/A $400,000 N/A 86.7%

GORDON PARK 8 N/A N/A $357,500 3.6% 33.1%

GREENSLOPES 19 $360,000 -2.7% $377,000 4.1% 47.8%

HAMILTON ~ * 13 $440,000 -21.4% $527,500 28.7% 32.5%

HAWTHORNE 7 N/A N/A $420,625 2.6% 45.0%

HIGHGATE HILL 9 N/A N/A $450,000 5.6% 42.9%

INDOOROOPILLY ~ * 22 $449,000 -5.0% $465,000 10.2% 40.9%

KANGAROO POINT * f 33 $550,000 8.9% $505,000 20.7% 34.7%

KEDRON 10 $351,250 N/A $335,000 6.0% 46.9%

KELVIN GROVE * 5 N/A N/A $415,000 -3.5% 27.7%

LUTWYCHE 6 N/A N/A $393,000 12.3% 54.1%

MOOROOKA * 10 $420,000 -0.2% $420,000 27.3% 75.0%

MORNINGSIDE ~ * 18 $433,750 -6.7% $440,500 4.3% 42.1%

MOUNT GRAVATT EAST 7 N/A N/A $376,000 7.4% 39.3%

NEW FARM ~ f * 56 $510,000 -8.1% $527,500 18.5% 38.3%

NEWSTEAD 5 f 3 N/A N/A $499,500 -3.1% 24.6%

NORMAN PARK * 6 N/A N/A $470,500 3.4% 54.3%

NORTHGATE * 12 $345,000 N/A $369,500 -9.9% 64.2%

NUNDAH * 29 $340,000 -16.0% $382,250 -8.3% 62.7%

PADDINGTON 6 N/A N/A $445,500 3.3% 43.7%

RICHLANDS * 1 N/A N/A $335,000 N/A N/A

RUNCORN 13 $325,000 -1.8% $339,000 4.3% 45.7%

SHERWOOD * 8 N/A N/A $412,500 -2.9% 39.8%

SOUTH BRISBANE ~ f 28 $461,750 8.6% $432,500 8.4% 25.4%

SPRING HILL ~ * 22 $352,500 -7.8% $417,000 8.6% 58.6%

ST LUCIA ~ * 22 $425,000 -3.7% $440,000 -0.6% 42.6%

STAFFORD 6 N/A N/A $415,000 5.7% 72.9%

SUNNYBANK HILLS 8 N/A N/A $370,500 7.4% 68.4%

TAIGUM * 19 $352,000 11.7% $360,000 7.5% 54.2%

TARINGA * 27 $440,000 4.8% $426,250 9.6% 49.6%

TENERIFFE * f 26 $582,500 5.9% $550,000 3.4% 42.9%

TENNYSON * f 3 N/A N/A $1,015,000 N/A N/A

TINGALPA 8 N/A N/A $345,000 7.5% 49.7%

TOOWONG ~ f 32 $425,375 -1.4% $440,000 12.5% 52.1%

UPPER MOUNT GRAVATT * 8 N/A N/A $380,000 -1.9% 49.9%

WAKERLEY 6 N/A N/A $392,500 N/A 31.3%

WEST END * 16 $536,250 3.1% $530,000 1.9% 35.9%

WILSTON 3 N/A N/A $435,000 N/A N/A

WINDSOR 5 N/A N/A $367,500 8.9% 41.3%

WISHART 7 N/A N/A $365,000 3.8% 28.5%

WOOLLOONGABBA * 11 $432,500 7.5% $420,000 6.3% 42.4%

WOOLOOWIN ~ * 4 N/A N/A $387,500 16.9% 72.2%

WYNNUM 6 N/A N/A $385,000 7.7% 33.4%

WYNNUM WEST 6 N/A N/A $325,000 4.8% 47.7%

YERONGA 10 $436,500 -1.9% $415,000 0.7% 45.6%

ZILLMERE 12 $356,250 -4.4% $365,000 7.4% 69.8%



BRISBAnE CITY

VACANT URBAN LAND 3 BEDROOM HOUSES continued

Suburbs/Localities

Sep Qtr 2010NewBonds

Sep Qtr 2009Rent ($)

NewBonds

Rent ($)Po

stco

de

MEDIAN WEEKLY RENTSSuburb/ Number of Sep change 12 mths to change changeLocality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr Sep 2010 1yr 5yrs

MEDIAN SALES DATA

3 BEDROOM HOUSES

Suburbs/Localities



NewBonds

Rent ($)Po

stco

de

MEDIAN WEEKLY RENTS

2 BEDROOM FLATS/UNITS

BRISBANE (SD) 676 $200,000 -4.7% $207,000 -3.7% 22.5%

BRISBANE (SD) ^ 79 $295,000 3.5% $305,000 1.7% 35.6%

BRISBANE CITY (LGA) * 143 $315,000 5.2% $305,000 9.2% 38.6%

BRISBANE CITY (LGA) ^ ~ 10 N/A N/A $675,000 50.0% -3.6%

BRIDGEMAN DOWNS * 1 N/A N/A $399,000 30.8% N/A

CALAMVALE * 9 $342,000 -1.6% $335,000 19.4% 47.8%

CARSELDINE * 1 N/A N/A $280,000 0.9% N/A

DOOLANDELLA * 11 $232,000 N/A $230,000 3.6% N/A

DURACK * 9 $215,000 5.9% $212,500 N/A N/A

EIGHT MILE PLAINS * 5 $340,000 N/A $346,000 9.8% 21.4%

FITZGIBBON * G 19 $234,950 4.4% $225,950 N/A N/A

HEATHWOOD * 2 N/A N/A $233,000 -2.5% 59.6%

SUNNYBANK * 4 N/A N/A $454,000 N/A N/A

UPPER KEDRON * 15 $300,000 N/A $297,000 N/A 32.0%

WAKERLEY * 12 $343,750 -17.2% $340,000 22.7% 33.9%

BRISBANE CITY COUNCIL AREA $380 3,117 $370 3,070

Bayside $370 163 $365 148

4178 Lytton/ Wynnum/ Wynnum West $370 97 $360 88

4179 Lota/ Manly/ Manly West $375 66 $370 60

City Inner $470 292 $450 240

4000 Brisbane City/ Spring Hill $520 29 $480 19

4005 New Farm $525 19 $480 17

4006 Bowen Hills/ Fortitude Valley/ Herston/ Newstead $530 12 $480 17

4064 Milton/ Paddington $450 64 $440 54

4066 Auchenflower/ Toowong $460 34 $450 45

4067 St Lucia $400 14 $350 17

4101 Highgate Hill/ South Brisbane/ West End $470 50 $495 24

4102 Buranda/ Dutton Park/ Wooloongabba $440 33 $450 19

4169 East Brisbane/ Kangaroo Point $495 37 $440 28

North - Inner $400 341 $390 331

4007 Ascot/ Hamilton $525 23 $450 33

4010 Albion $350 7 $350 11

4011 Clayfield/ Hendra $430 44 $489 42

4012 Nundah/ Toombul/ Wavell Heights $380 63 $370 60

4030 Lutwyche/ Windsor/ Wooloowin $420 50 $420 41

4031 Gordon Park/ Kedron $390 45 $370 40

4051 Alderley/ Enogerra/ Newmarket/ Wilston/ etc. $400 109 $380 98

North - Outer $360 383 $350 393

4013 Northgate $380 10 $335 17

4014 Banyo/ Nudgee/ Virginia $360 48 $360 35

4017 Bracken Ridge/ Brighton/ Deagon/ Sandgate/ etc. $350 104 $340 111

4018 Fitzgibbon/ Taigum $375 29 $350 24

4032 Chermside/ Chermside West $360 53 $360 51

4034 Aspley/ Boondall/ Carseldine/ Geebung/ Zillmere $360 119 $350 128

4036 Bald Hills $355 20 $350 27

North West - Inner $450 125 $450 126

4059 Kelvin Grove/ Red Hill $460 50 $450 44

4060 Ashgrove $430 41 $400 45

4065 Bardon $430 34 $460 37

North West - Outer $360 232 $360 229

4053 Everton Park/ McDowall/ Mitchelton/ Stafford/ etc. $360 154 $360 142

4054 Arana Hills/ Keperra $360 51 $350 51

4061 The Gap $390 27 $390 36

South - Inner $380 386 $375 363

4103 Annerley/ Fairfield $390 46 $400 52

4104 Yeronga $410 14 $390 20

4105 Moorooka/ Tennyson/ Yeerongpilly $355 53 $350 45

4120 Greenslopes $420 28 $390 30

4121 Holland Park/ Holland Park West/ Tarragindi $400 94 $385 96

4122 Mansfield/ Mt Gravatt/ Wishart/ etc. $370 149 $365 119

South - Outer $350 314 $345 339

4106 Rocklea $310 6 $330 15

4107 Salisbury $345 27 $350 39

4108 Archerfield/ Coopers Plains $350 41 $340 31

4109 Macgregor/ Robertson/ Sunnybank/ etc. $360 77 $355 87

4110 Acacia Ridge/ Willawong $325 67 $310 54

4112 Kuraby $350 9 $360 7

4113 Eight Mile Plains/ Runcorn $360 54 $350 64

4115 Algester/ Parkinson $360 18 $350 20

4116 Calamvale/ Drewvale/ Stretton $365 15 $360 22

South East - Inner $400 341 $390 377

4151 Coorparoo $420 37 $380 43

4152 Camp Hill/ Carina/ Carina Heights/ Carindale $390 123 $390 139

4170 Cannon Hill/ Morningside/ Norman Park/ etc. $400 116 $390 119

4171 Balmoral/ Bulimba/ Hawthorne $470 56 $440 59

4172 Murarrie $390 9 $385 17

South East - Outer $375 53 $375 58

4153 Belmont $395 9 $405 12

4154 Gumdale/ Ransome/ Wakerley $420 10 $430 8

4173 Tingalpa $370 23 $365 25

4174 Hemmant $360 9 $365 8

South West - Inner $390 107 $380 114

4068 Chelmer/ Indooroopilly/ Taringa $420 47 $400 48

4075 Corinda/ Graceville/ Oxley/ Sherwood $375 60 $360 66

South West - Outer $340 380 $330 352

4069 Brookfield/ Chapel Hill/ Fig Tree Pocket/ etc. $400 56 $400 53

4070 Anstead/ Bellbowrie/ Moggill $360 9 $330 11

4073 Seventeen Mile Rocks/ Sinnamon Park $360 20 $350 15

4074 Jindalee/ Mt Ommaney/ Sumner/ Westlake/ etc. $375 79 $350 60

4076 Darra/ Wacol $300 30 $310 27

4077 Doolandella/ Durack/ Inala/ Richlands $295 73 $290 61

4078 Ellen Grove/ Forest Lake $340 113 $320 125


Bayside $295 63 $290 57



City Inner $440 1,851 $440 1,792

4000 Brisbane City/ Spring Hill $540 322 $530 337

4005 New Farm $450 263 $415 186




4067 St Lucia $400 129 $390 112

4101 Highgate Hill/ South Brisbane/ West End $450 255 $450 277



MARKETMONITORQ

UE

EN

SLA

ND

BRISBAnE CITY

Suburbs/Localities



NewBonds

Rent ($)Po

stco

de

MEDIAN WEEKLY RENTSSuburbs/Localities



NewBonds

Rent ($)Po

stco

de

MEDIAN WEEKLY RENTS

2 BEDROOM FLATS/UNITS continued 3 BEDROOM TOWNHOUSES continued

3 BEDROOM TOWNHOUSES

4102 Buranda/ Dutton Park/ Wooloongabba $400 65 $400 46

4169 East Brisbane/ Kangaroo Point $410 209 $420 216

North - Inner $330 773 $320 760

4007 Ascot/ Hamilton $350 108 $350 119

4010 Albion $335 29 $340 24






North - Outer $320 229 $320 196

4013 Northgate $300 19 $280 20

4014 Banyo/ Nudgee/ Virginia $340 13 $300 10




North West - Inner $350 120 $350 128


4060 Ashgrove $340 32 $350 43

4065 Bardon $285 7 $235 8

North West - Outer $300 52 $320 54


South - Inner $330 427 $310 400


4104 Yeronga $325 31 $310 24


4120 Greenslopes $320 95 $310 89



South - Outer $375 50 $315 56


4115 Algester/ Parkinson $280 7 n.a. 2

South East - Inner $340 410 $330 402

4151 Coorparoo $330 188 $320 144





4173 Tingalpa $340 7 $350 8

South West - Inner $350 299 $345 291



South West - Outer $310 22 $310 24

4077 Doolandella/ Durack/ Inala/ Richlands $176 7 n.a. 4



Bayside $370 61 $360 86



City Inner $560 72 $500 47

4000 Brisbane City/ Spring Hill $540 6 n.a. 3

4005 New Farm $700 5 $500 5




4067 St Lucia $550 13 $550 5

4101 Highgate Hill/ South Brisbane/ West End $580 15 n.a. 4

North - Inner $410 100 $410 89






North - Outer $355 238 $355 136

4013 Northgate $380 12 $360 7


4018 Fitzgibbon/ Taigum $345 25 $340 24



North West - Inner $460 17 $450 14


4060 Ashgrove $400 5 n.a. 2

North West - Outer $390 49 $375 59


4054 Arana Hills/ Keperra $350 7 $350 8

South - Inner $400 134 $385 132


4104 Yeronga $430 10 $420 9


4120 Greenslopes $440 20 $400 9



South - Outer $370 380 $360 325

4107 Salisbury $450 7 n.a. 3


4110 Acacia Ridge/ Willawong $320 8 $320 6

4112 Kuraby $360 22 $360 22

4113 Eight Mile Plains/ Runcorn $385 163 $380 142

4115 Algester/ Parkinson $350 53 $350 42

4116 Calamvale/ Drewvale/ Stretton $360 58 $360 65

South East - Inner $400 218 $400 171

4151 Coorparoo $440 16 $460 10




4172 Murarrie $460 11 $410 7


4153 Belmont $410 9 $395 12

4154 Gumdale/ Ransome/ Wakerley $390 28 $380 20

4173 Tingalpa $360 22 $350 12

South West - Inner $390 57 $370 57



South West - Outer $345 93 $380 52

4069 Brookfield/ Chapel Hill/ Fig Tree Pocket/ etc. $400 5 n.a. 4

4073 Seventeen Mile Rocks/ Sinnamon Park $385 9 $380 16

4074 Jindalee/ Mt Ommaney/ Sumner/ Westlake/ etc. $395 16 $395 17

4077 Doolandella/ Durack/ Inala/ Richlands $330 39 n.a. 2




BRISBAnE SURROUnDS

127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


839

775

815

1147

1111

1009

454

424

328

13

14

16

MAR 10

JUN 10

SEP 10


<$350,000 <$500,000 <$1m $1m+


193

182

156

80

48

51

10

15

9

MAR 10

JUN 10

SEP 10


62

70

77

183

150

148

46

51

54

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


839

775

815

1147

1111

1009

454

424

328

13

14

16

MAR 10

JUN 10

SEP 10


<$350,000 <$500,000 <$1m $1m+


16

20

24

434

417

433

422

364

332

58

54

49

MAR 10

JUN 10

SEP 10


166

144

181

60

41

42

12

9

8

MAR 10

JUN 10

SEP 10


193

182

156

80

48

51

10

15

9

MAR 10

JUN 10

SEP 10


171

159

178

207

198

214

51

55

57

MAR 10

JUN 10

SEP 10


62

70

77

183

150

148

46

51

54

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


839

775

815

1147

1111

1009

454

424

328

13

14

16

MAR 10

JUN 10

SEP 10


<$350,000 <$500,000 <$1m $1m+


16

20

24

434

417

433

422

364

332

58

54

49

MAR 10

JUN 10

SEP 10


50

46

68

396

348

322

290

226

189

41

40

26

MAR 10

JUN 10

SEP 10


166

144

181

60

41

42

12

9

8

MAR 10

JUN 10

SEP 10


120

139

166

158

118

165

40

43

55

MAR 10

JUN 10

SEP 10


193

182

156

80

48

51

10

15

9

MAR 10

JUN 10

SEP 10


52

64

44

77

109

90

19

25

27

MAR 10

JUN 10

SEP 10


171

159

178

207

198

214

51

55

57

MAR 10

JUN 10

SEP 10


62

70

77

183

150

148

46

51

54

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



99

123

104

415

428

374

407

405

282

278

258

191

91

46

50

MAR 10

JUN 10

SEP 10


16

28

20

19

14

12

5

4

6

1

3

3

MAR 10

JUN 10

SEP 10


13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


26

23

22

59

38

31

30

19

21

14

12

11

MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



99

123

104

415

428

374

407

405

282

278

258

191

91

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MAR 10

JUN 10

SEP 10


44

45

46

163

139

140

145

146

99

100

87

77

23

19

24

MAR 10

JUN 10

SEP 10


16

28

20

19

14

12

5

4

6

1

3

3

MAR 10

JUN 10

SEP 10


124

80

119

64

69

56

31

30

32

14

25

21

MAR 10

JUN 10

SEP 10


13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


10

9

17

11

9

5

12

14

4

3

5

6

MAR 10

JUN 10

SEP 10


26

23

22

59

38

31

30

19

21

14

12

11

MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

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MAR 10

JUN 10

SEP 10




61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10



80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10



67

83

52

38

41

25

5

8

1

14

14

6

MAR 10

JUN 10

SEP 10



52

44

44

4

4

0

1

0

2

MAR 10

JUN 10

SEP 10



61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10



62

58

55

11

12

4

3

5

2

MAR 10

JUN 10

SEP 10


80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10



67

83

52

38

41

25

5

8

1

14

14

6

MAR 10

JUN 10

SEP 10


66

52

39

61

47

18

13

15

18

15

11

9

MAR 10

JUN 10

SEP 10


52

44

44

4

4

0

1

0

2

MAR 10

JUN 10

SEP 10


58

56

53

10

8

6

5

3

8

MAR 10

JUN 10

SEP 10


61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10


32

81

57

6

1

4

2

3

2

MAR 10

JUN 10

SEP 10


62

58

55

11

12

4

3

5

2

MAR 10

JUN 10

SEP 10


80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


Median house and unit prices The Brisbane surrounds residential property market was impacted by lower buyer demand over the September quarter, with preliminary sales numbers down around 7 per cent overall.

Ipswich’s median house price decreased 4.6 per cent to $310,000 over the quarter with sales numbers dipping by about 6 per cent over the period. Moreton Bay’s median house price decreased 2.7 per cent to $396,000 over the quarter. Its number of house sales was also down by 13 per cent.

Logan’s median house price decreased 2.7 per cent to $355,000 with steady preliminary house sales numbers. Redland recorded a 3.8 per cent drop in its median house price to $450,500 with the number of sales firm.

Solid performers over the quarter included Bellbird Park in Ipswich, which had a median house price rise of 7.6 per cent to $313,000. The median house price in Daisy Hill in Logan was up 7.5 per cent to $437,500.

In Moreton Bay, Redcliffe and neighbouring Woody Point performed well, up 9.2 per cent to $409,500 and 11.5 per cent to $445,000 respectively. Wellington Point in Redland City experienced a 3.4 per cent median house price rise to $552,500.

The median unit and townhouse price in Ipswich increased 4.5 per cent to $257,000 with sales numbers steady. Logan’s median unit price fell 3.8 per cent to $255,000 over the period, but this result was impacted by the reduction of sales in new developments compared to the June quarter.

Moreton Bay’s median unit and townhouse price decreased 3 per cent to $320,000 however its number of sales was steady. Redcliffe again performed well, posting a 7.3 per cent price rise to $415,000 over the quarter, partly due to the sale of new, and waterfront, stock.

The Redland median unit and townhouse price decreased 6.5 per cent to $325,000. This result is partially due to the lower number of sales of new, and waterfront, stock in Cleveland in the September quarter compared to the June quarter.

Vacant land pricesIpswich was a stellar performer over the period recording a 1.4 per cent median land price increase to $179,000 as well as an increase in the preliminary number of sales.

The Ipswich region experienced the highest increase in sales across Queensland with 55 more preliminary land sales recorded than the previous quarter. This is mainly due to the release of new residential developments in Brassall and Redbank Plains where sales were up by 45 and 20 respectively over the September quarter.

For the first time, the REIQ has calculated the price of median vacant land on the Redland mainland and on the region’s bay islands.

Over the September quarter, the median land price on the mainland was $310,000, while the median price on the bay islands was $40,000.

Median rentsMedian weekly rents across Brisbane surrounds remained firm between September 2009 and September this year. Moreton Bay and Logan both recorded a $10 increase for three -bedroom houses over the period, while Ipswich posted a $15 increase for two-bedroom units.

Vacancy rates in Greater Brisbane have continued to hold steady at around 3 per cent for most areas, although Moreton Bay eased slightly to 3.8 per cent in September.

Ipswich and Logan have both remained unchanged at 2.3 per cent since March. Both regions report a range of two to five applicants per rental listing and little change in investor activity.



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HOUSES continuedHOUSES



MEDIAN SALES DATA MEDIAN SALES DATA

IPSWICH CITY (LGA) 388 $310,000 -4.6% $320,000 1.6% 46.8%

IPSWICH CITY (LGA) ^ 35 $500,000 6.8% $490,000 8.9% 36.1%

AUGUSTINE HEIGHTS * 6 N/A N/A $584,500 8.2% N/A

BELLBIRD PARK ~ 15 $313,000 7.6% $319,000 -3.3% 51.2%

BOOVAL ~ 7 $269,000 -10.3% $291,500 7.2% 48.5%

BRASSALL ~ 19 $300,000 -12.4% $335,000 1.5% 36.7%

BUNDAMBA ~ 16 $282,000 -5.7% $275,000 -3.5% 37.5%

CAMIRA ~ 10 $307,500 -20.1% $357,500 6.7% 43.1%

COLLINGWOOD PARK ~ 17 $320,000 1.6% $321,000 -1.9% 29.2%

EAST IPSWICH ~ 8 $247,750 -11.5% $275,500 -0.7% 45.8%

EASTERN HEIGHTS 12 $277,500 6.7% $280,000 1.8% 44.0%

FLINDERS VIEW 24 $382,500 -3.8% $400,000 3.9% 63.3%

GOODNA ~ 25 $263,000 -17.6% $295,000 0.0% 55.3%

IPSWICH 10 $312,750 N/A $332,000 1.8% 42.8%

KARALEE ^ ~ 7 $542,000 5.2% $522,500 11.2% 34.0%

LEICHHARDT 7 $236,000 -3.7% $250,000 2.0% 47.9%

NEWTOWN 5 N/A N/A $348,750 8.1% 62.2%

NORTH BOOVAL 9 $289,000 7.0% $285,500 2.5% 51.9%

NORTH IPSWICH 13 $279,000 0.0% $293,500 4.8% 48.2%

ONE MILE 6 N/A N/A $255,000 1.6% 49.1%

RACEVIEW ~ 25 $300,000 -10.6% $327,000 5.5% 51.7%

REDBANK PLAINS 31 $295,000 -4.1% $310,000 0.3% 51.2%

RIVERVIEW ~ 6 N/A N/A $251,000 -2.5% 56.9%

ROSEWOOD 5 N/A N/A $270,000 4.9% 38.5%

SADLIERS CROSSING 5 N/A N/A $317,000 13.7% 54.6%

SILKSTONE ~ 13 $280,000 -6.4% $280,000 0.4% 40.2%

SPRINGFIELD ~ 13 $365,000 -11.0% $374,500 0.1% 26.9%

SPRINGFIELD LAKES ~ * 35 $389,000 -6.3% $405,000 2.8% 30.2%

YAMANTO 9 $335,000 -4.3% $350,000 1.4% 30.4%

LOGAN CITY (LGA) 536 $355,000 -2.7% $362,000 6.2% 52.1%

LOGAN CITY (LGA) ^ ~ 119 $488,500 -7.0% $524,500 7.0% 36.2%

BEENLEIGH ~ 25 $299,000 -14.0% $330,000 1.5% 40.7%

BERRINBA * 2 N/A N/A $406,900 N/A N/A

BETHANIA 6 N/A N/A $312,000 2.3% 38.1%

BORONIA HEIGHTS 16 $312,500 -0.3% $316,000 0.3% 41.7%

BROWNS PLAINS 13 $325,000 3.2% $329,000 4.4% 50.9%

CEDAR GROVE ^ 7 $392,500 N/A $420,000 0.2% 35.5%

CEDAR VALE ^ 6 $442,500 N/A $440,000 6.0% 42.4%

CORNUBIA ~ 13 $440,000 -13.7% $469,750 1.0% 36.2%

CRESTMEAD * 44 $317,500 2.4% $312,000 4.0% 53.7%

DAISY HILL 14 $437,500 7.5% $420,000 8.4% 46.9%

EAGLEBY 18 $276,000 -3.3% $293,500 3.0% 57.6%

EDENS LANDING ~ 7 $315,000 -7.6% $360,000 1.1% 35.8%

FORESTDALE ^ ~ 7 $690,000 N/A $690,000 21.6% 40.8%

GREENBANK ^ ~ 16 $475,000 -8.5% $527,000 1.8% 36.9%

HERITAGE PARK ~ 14 $361,250 -17.0% $420,000 7.7% 33.3%

HILLCREST 15 $350,000 1.4% $340,000 2.8% 47.8%

JIMBOOMBA ^ ~ 21 $447,500 -7.3% $485,000 10.2% 42.6%

JIMBOOMBA ~ 11 $360,000 -7.8% $375,000 -6.0% 53.1%

KINGSTON 12 $288,250 0.3% $288,000 1.1% 61.1%

LOGAN CENTRAL 7 $289,000 5.1% $278,000 1.1% 54.4%

LOGAN VILLAGE ^ 3 N/A N/A $536,500 9.5% 34.1%

LOGANHOLME 22 $382,000 1.9% $377,000 9.0% 40.4%

LOGANLEA 9 $316,000 -6.6% $320,000 5.1% 49.4%

MARSDEN 24 $314,500 -1.7% $320,000 1.6% 48.1%

MEADOWBROOK 6 N/A N/A $403,500 4.3% 34.5%

MOUNT WARREN PARK 21 $369,000 -3.7% $379,000 8.3% 43.0%

MUNDOOLUN ^ ~ 8 $452,500 -13.0% $493,000 8.5% N/A

MUNRUBEN ^ 4 N/A N/A $510,000 5.2% 30.8%

NEW BEITH ^ ~ 7 $529,000 -0.2% $529,000 -0.8% 45.9%

REGENTS PARK 38 $362,000 2.1% $362,000 2.0% 44.8%

ROCHEDALE SOUTH 46 $405,750 -3.4% $420,000 7.7% 48.9%

SHAILER PARK 29 $432,000 -4.5% $470,000 5.6% 35.5%

SLACKS CREEK ~ 19 $310,000 4.2% $301,500 -2.2% 43.6%

SPRINGWOOD 23 $420,500 1.3% $425,000 6.3% 43.7%

TANAH MERAH ~ 13 $387,500 3.3% $390,000 -2.5% 34.5%

UNDERWOOD ~ 14 $448,500 -3.5% $447,500 13.0% 54.3%

WATERFORD ~ 11 $407,000 4.9% $405,000 -1.6% N/A

WATERFORD WEST 15 $320,000 2.4% $320,000 0.2% 47.5%

WINDAROO + * 7 $373,000 -11.1% $442,000 4.0% 42.6%

WOODRIDGE 17 $275,000 1.4% $271,600 2.5% 55.2%

MORETON BAY (LGA) 861 $396,000 -2.7% $402,000 6.8% 41.1%

MORETON BAY (LGA) ^ 111 $610,000 5.7% $600,000 7.1% 35.7%

ALBANY CREEK ~ 40 $545,000 4.8% $530,000 12.8% 43.9%

ARANA HILLS 15 $458,000 -3.0% $465,000 8.3% 47.4%

BANKSIA BEACH 12 $465,001 -0.9% $475,000 1.6% 11.8%

BEACHMERE 9 $365,000 6.6% $365,000 9.0% 44.0%

BELLARA 6 N/A N/A $338,750 4.2% 16.3%

BELLMERE 15 $342,178 -2.2% $365,000 3.1% 34.7%

BONGAREE ~ 7 $475,000 15.6% $415,000 9.5% 20.6%

BRAY PARK 26 $361,450 -0.3% $370,000 2.8% 46.0%

BURPENGARY 24 $372,250 -2.6% $375,000 1.8% 38.9%

BURPENGARY ^ 15 $560,000 7.1% $540,000 2.9% 33.3%

CABOOLTURE 38 $314,250 -3.3% $320,000 6.7% 45.3%

CABOOLTURE ^ 7 $495,000 N/A $458,750 0.9% 22.5%

CABOOLTURE SOUTH ~ g 15 $307,000 20.4% $293,000 3.4% 42.2%

CASHMERE ^ 9 $710,000 N/A $700,000 N/A 30.2%

CASHMERE ~ 6 N/A N/A $539,000 -4.8% 33.6%

CLONTARF 20 $368,000 3.7% $366,500 3.2% 33.3%

DECEPTION BAY 45 $310,000 -2.1% $320,000 0.3% 39.1%

EATONS HILL 27 $495,000 -4.3% $515,000 1.8% 30.4%

EATONS HILL ^ 4 N/A N/A $692,500 N/A N/A

ELIMBAH ^ 2 N/A N/A $515,500 6.7% 29.8%

EVERTON HILLS 15 $450,000 -2.7% $462,500 8.7% 51.1%

FERNY HILLS 15 $455,000 1.7% $455,000 7.1% 48.2%

GRIFFIN 14 $423,500 6.8% $410,000 3.8% 33.6%

HIGHVALE ^ 4 N/A N/A $771,750 N/A 30.6%

JOYNER 6 N/A N/A $465,000 3.3% N/A

KALLANGUR 61 $345,000 -1.3% $358,250 2.4% 43.3%

KIPPA-RING ~ 23 $345,000 -6.9% $370,000 1.9% 34.5%

LAWNTON 10 $367,500 8.1% $349,000 2.6% 41.9%

MANGO HILL 14 $456,250 1.5% $456,250 6.1% 38.3%

MARGATE 18 $400,000 1.9% $387,000 10.9% 39.2%

MORAYFIELD 39 $330,000 0.0% $337,000 0.6% 34.8%

MORAYFIELD ^ ~ 11 $534,000 -9.0% $550,000 0.0% 37.5%

MURRUMBA DOWNS 23 $440,000 0.6% $444,000 7.0% 39.6%

NARANGBA ~ * 49 $412,000 -4.8% $434,835 2.3% 35.9%

NEWPORT f 8 $825,000 -2.9% $850,000 6.4% N/A

NINGI ^ 2 N/A N/A $520,000 3.0% 37.2%

NORTH LAKES ~ * 68 $440,000 -7.1% $453,000 3.0% N/A

PETRIE 22 $389,000 0.5% $387,750 5.9% 46.6%

REDCLIFFE 18 $409,500 9.2% $384,500 10.2% 39.8%

ROTHWELL 15 $385,000 1.3% $383,000 1.1% 16.9%

SAMFORD VALLEY ^ ~ 6 $820,000 -15.9% $825,000 6.4% 36.1%

SANDSTONE POINT ~ 9 $385,000 -7.2% $400,000 3.1% 23.1%

SCARBOROUGH ~ f 23 $480,000 2.1% $490,000 19.5% 25.6%



BRISBAnE SURROUnDS



UNITS & TOWNHOUSES

VACANT URBAN LAND

MEDIAN SALES DATA MEDIAN SALES DATA

HOUSES continued UNITS & TOWNHOUSES continuedSTRATHPINE ~ 25 $340,000 -6.5% $350,000 1.4% 42.9%

UPPER CABOOLTURE ^ 9 $560,000 N/A $547,500 N/A 25.1%

WARNER 35 $475,000 -1.8% $479,000 7.6% 46.9%

WOODY POINT 17 $445,000 11.5% $400,000 8.7% 43.1%

WOORIM ~ 3 N/A N/A $420,000 -6.0% 12.8%

REDLAND CITY (LGA) 383 $450,500 -3.8% $470,000 6.4% 36.2%

REDLAND CITY (LGA) ^ 19 $875,000 7.4% $830,000 0.7% 33.9%

ALEXANDRA HILLS 44 $412,500 -1.8% $415,000 5.1% 43.1%

BIRKDALE ~ 38 $433,625 -5.8% $474,000 5.3% 35.4%

CAPALABA 41 $401,000 -4.5% $410,300 2.6% 39.1%

CAPALABA ^ 6 $867,500 2.7% $830,000 9.9% 38.6%

CLEVELAND ~ 32 $482,500 -10.6% $530,500 6.4% 30.6%

MACLEAY ISLAND ~ f 11 $220,000 -21.4% $249,000 3.8% 25.8%

MOUNT COTTON * 14 $415,000 -18.5% $460,900 1.3% 40.8%

ORMISTON f 10 $544,000 -13.0% $620,000 10.7% 30.5%

REDLAND BAY 48 $490,000 -3.9% $490,500 1.1% 31.6%

RUSSELL ISLAND ~ f 13 $174,000 -20.9% $225,000 -2.2% 47.5%

THORNESIDE ~ f 10 $415,000 -16.2% $485,750 18.3% 42.9%

THORNLANDS ^ 4 N/A N/A $880,000 N/A 25.7%

THORNLANDS ~ 34 $497,750 -12.8% $550,000 5.8% 31.0%

VICTORIA POINT 50 $470,000 0.0% $490,000 8.9% 32.1%

WELLINGTON POINT 30 $552,500 3.4% $539,500 7.9% 30.0%

IPSWICH CITY (LGA) ² - * 41 $257,000 4.5% $250,000 2.9% 45.3%

BRASSALL 9 $305,000 N/A N/A N/A N/A

REDBANK PLAINS * 4 N/A N/A $295,000 14.8% 99.3%

LOGAN CITY (LGA) * 129 $255,000 -3.8% $270,000 7.6% 76.3%

BEENLEIGH * 9 $218,000 -3.8% $229,000 -2.6% 79.9%

EAGLEBY * 15 $248,000 0.2% $253,000 -3.4% 100.0%

KINGSTON * 6 N/A N/A $291,250 14.2% 142.7%

MEADOWBROOK * 4 N/A N/A $302,500 N/A N/A

ROCHEDALE SOUTH 4 N/A N/A $286,000 2.3% 56.3%

SHAILER PARK 5 N/A N/A $300,500 3.6% 66.0%

SLACKS CREEK 5 N/A N/A $242,750 1.6% 52.7%

SPRINGWOOD * 8 $265,000 -6.2% $283,000 1.4% 61.7%

WATERFORD WEST * 2 N/A N/A $232,000 6.9% 66.3%

WOODRIDGE * 16 $226,500 7.3% $222,000 11.3% 80.5%

MORETON BAY (LGA) - 225 $320,000 -3.0% $332,000 7.1% 40.1%

ARANA HILLS 2 N/A N/A $370,500 9.6% 45.3%

BELLARA 11 $110,000 N/A $300,000 N/A 9.1%

BONGAREE * f 8 $390,000 2.6% $345,000 10.9% 36.6%

BRENDALE ~ 9 $272,500 -9.3% $286,000 1.4% 38.2%

BURPENGARY * 15 $315,000 N/A $305,000 9.1% 41.9%

CABOOLTURE * 7 $240,000 -7.4% $250,000 -13.5% 100.0%

CLONTARF * 7 $355,000 N/A $345,000 -0.6% N/A

DECEPTION BAY * 5 N/A N/A $265,000 2.3% 11.8%

KALLANGUR * ~ 16 $290,000 -6.5% $329,000 3.2% 41.5%

KIPPA-RING * 31 $335,000 17.5% $337,000 1.2% 46.5%

MARGATE * 8 $365,000 N/A $364,000 0.1% N/A

MORAYFIELD ~ 6 N/A N/A $251,250 -1.5% 54.6%

MURRUMBA DOWNS * 9 $342,500 -1.7% $349,000 N/A 40.7%

REDCLIFFE * f 20 $415,000 7.3% $370,000 15.6% 19.4%

ROTHWELL 3 N/A N/A $328,500 3.1% N/A

SCARBOROUGH * f 11 $445,000 -2.4% $447,500 16.2% 15.3%

STRATHPINE 7 $273,500 N/A $285,000 1.8% 39.0%

WOODY POINT * f 6 N/A N/A $485,000 31.4% 73.8%

REDLAND CITY (LGA) * f 49 $325,000 -6.5% $360,000 7.5% 45.7%

CAPALABA * 5 N/A N/A $298,500 1.2% 38.8%

CLEVELAND * f 13 $320,000 -16.2% $381,625 -4.6% 35.1%

ORMISTON 2 N/A N/A $345,000 3.0% 29.0%

THORNESIDE 5 N/A N/A $310,000 0.6% 51.2%

VICTORIA POINT * 7 $320,000 -12.3% $372,000 14.6% 73.0%

IPSWICH CITY (LGA) 185 $179,000 1.4% $178,200 4.8% 32.0%

IPSWICH CITY (LGA) ^ 11 N/A N/A $260,000 2.4% 40.5%

AUGUSTINE HEIGHTS * 7 $230,000 -8.7% $230,000 4.1% 20.7%

BELLBIRD PARK * 10 $249,500 N/A $229,990 N/A N/A

BRASSALL ~ * 71 $157,500 -14.6% $177,250 2.9% 22.2%

BROOKWATER + * ~ 1 N/A N/A $303,000 -0.2% 31.7%

BUNDAMBA * 3 N/A N/A $175,000 8.0% N/A

CHUWAR * 3 N/A N/A $199,000 N/A N/A

GOODNA * 2 N/A N/A $170,000 1.3% 25.9%

KARALEE ^ * 6 $267,500 N/A $264,000 N/A 32.2%

LEICHHARDT ~ * 10 $175,800 15.0% $174,350 N/A N/A

NORTH BOOVAL * 4 N/A N/A $187,750 7.3% N/A

RACEVIEW * 5 $179,000 N/A $170,000 3.0% 21.4%

REDBANK PLAINS * 30 $180,000 2.2% $175,000 3.6% 6.1%

SPRINGFIELD * 6 $184,500 N/A N/A N/A N/A

SPRINGFIELD LAKES ~ * 22 $193,500 14.5% $175,500 6.4% 55.2%

WULKURAKA * 1 N/A N/A $187,000 N/A N/A

LOGAN CITY (LGA) ~ * 75 $204,999 -6.8% $205,000 -1.9% 36.7%

LOGAN CITY (LGA) ^ 23 $257,000 -0.7% $257,250 6.5% 55.9%

BAHRS SCRUB * 7 $239,000 0.0% $239,000 N/A N/A

CRESTMEAD * 7 $199,000 N/A N/A N/A N/A

DAISY HILL * 3 N/A N/A $350,000 1.4% N/A

GREENBANK ^ * 4 N/A N/A $259,000 10.9% 58.2%

HILLCREST * 8 $205,000 N/A $214,000 N/A N/A

HOLMVIEW * 5 $224,900 4.7% $212,900 1.4% N/A

JIMBOOMBA ~ * 6 $190,750 N/A $185,000 -2.1% 47.4%

JIMBOOMBA ^ ~ * 5 $212,900 -9.4% $216,000 N/A 40.3%

LOGANLEA * 1 N/A N/A $193,500 N/A 25.6%

MARSDEN * 15 $198,000 -1.0% $193,700 2.5% 32.7%



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VACANT URBAN LAND continued 3 BEDROOM HOUSES continued

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MEDIAN WEEKLY RENTSSuburb/ Number of Sep change 12 mths to change changeLocality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr Sep 2010 1yr 5yrs

MEDIAN SALES DATA

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MEDIAN WEEKLY RENTS

NEW BEITH ^ * 4 N/A N/A $255,000 N/A 54.5%

UNDERWOOD * 3 N/A N/A $338,500 4.5% 57.4%

WATERFORD * 11 $198,000 -2.2% $176,000 1.3% 21.4%

MORETON BAY (LGA) ~ * f 200 $199,875 -2.3% $202,500 -1.9% 19.8%

MORETON BAY (LGA) ^ * 35 $335,000 6.5% $370,000 5.7% 34.5%

BANKSIA BEACH + * f 7 $370,000 N/A $400,000 -11.1% -27.3%

BELLMERE * 1 N/A N/A $190,000 -2.5% N/A

BUNYA ^ * 0 N/A N/A $465,000 N/A N/A

BURPENGARY 0 N/A N/A $235,000 17.6% N/A

CABOOLTURE * 51 $191,500 -2.9% $195,000 5.4% 28.3%

CABOOLTURE ^ * 6 $277,500 N/A $270,000 N/A N/A

CASHMERE * 11 $325,000 1.6% $315,000 6.8% 76.2%

D`AGUILAR * 4 N/A N/A $176,500 0.9% N/A

DAKABIN * 11 $219,950 N/A $209,975 N/A N/A

FERNY HILLS * 1 N/A N/A $355,000 N/A N/A

GRIFFIN * 4 N/A N/A $209,625 4.8% N/A

KALLANGUR * 16 $208,458 N/A $204,500 4.6% 46.1%

MANGO HILL ~ * 2 N/A N/A $209,900 -11.0% 25.7%

MORAYFIELD * 39 $190,000 -1.6% $190,200 0.1% 27.7%

MURRUMBA DOWNS ~ * 2 N/A N/A $205,000 -21.9% 7.6%

NARANGBA * 20 $232,000 6.7% $228,450 1.6% 32.8%

NINGI * 3 N/A N/A $227,900 14.0% N/A

NORTH LAKES * 10 $216,250 8.3% $206,000 0.2% N/A

SAMFORD VALLEY ^ * 8 $530,000 8.2% $490,000 N/A 33.9%

UPPER CABOOLTURE * 2 N/A N/A $189,000 N/A 27.7%

WAMURAN ^ * 1 N/A N/A $275,000 N/A 34.1%

WARNER * 5 $226,000 -13.1% $240,000 4.3% 42.0%

WOODFORD ^ * 0 N/A N/A $228,500 N/A N/A

REDLAND CITY (LGA) ³ ~ * 73 $63,000 5.0% $244,000 10.5% 35.6%

Redland City - Mainland 26 $310,000 6.9% $277,000 2.6% 20.4%

Redland City - Bay Islands ~ f 47 $40,000 5.3% $43,000 -17.7% 13.9%

BIRKDALE ~ * 3 N/A N/A $300,000 -2.4% 36.4%

MACLEAY ISLAND ~ f 10 $52,500 9.4% $54,666 -11.8% -0.6%

MOUNT COTTON * 1 N/A N/A $256,500 4.5% N/A

REDLAND BAY * 4 N/A N/A $283,000 6.8% 31.6%

RUSSELL ISLAND * ~ 37 $35,000 -3.4% $37,000 -17.8% 23.3%

THORNLANDS * 4 N/A N/A $265,000 4.7% 11.8%

VICTORIA POINT ~ * 4 N/A N/A $263,000 -3.3% 19.5%

WELLINGTON POINT ~ * f 8 $335,000 N/A $320,000 -3.9% 20.2%

IPSWICH CITY COUNCIL AREA $275 777 $270 772

4300 Brookwater/ Camira/ Springfield Lakes/ etc. $310 167 $300 199

4301 Collingwood Park/ Redbank/ Redbank Plains $280 96 $280 89

4303 Dinmore/ Riverview $255 24 $260 16

4304 Blackstone/ Bundamba/ Silkstone/ etc. $260 109 $265 103

4305 Brassall/ Leichhardt/ Raceview/ Yamanto/ etc. $265 297 $260 281

4306 Barellan Point/ Karalee/ Willowbank/ etc. $280 44 $290 53

4340 Ebenezer/ Grandchester/ Rosewood/ etc. $270 36 $260 29

LOGAN CITY COUNCIL AREA $320 988 $310 952

4114 Kingston/ Logan Central/ Woodridge $300 167 $290 181

4118 Browns Plains/ Heritage Park/ Regents Park/ etc. $320 118 $315 112

4119 Underwood $345 9 $320 12

4123 Rochedale/ Rochedale South $360 58 $350 55

4124 Boronia Heights/ Greenbank/ New Beith/ etc. $320 40 $300 40

4127 Daisy Hill/ Slacks Creek/ Springwood/ etc. $330 102 $330 79

4128 Shailer Park/ Tanah Merah $370 34 $350 34

4129 Loganholme $330 32 $320 24

4130 Carbrook/ Cornubia $330 9 $350 8

4131 Loganlea/ Meadowbrook $320 30 $310 42

4132 Crestmead/ Marsden $310 86 $300 86

4133 Chambers Flat/ Logan Reserve/ Waterford/ etc. $335 44 $310 34

4205 Bethania $300 25 $320 24

4207 Beenleigh/ Eagleby/ Mt Warren Park/ etc. $315 198 $300 190

4280 Jimboomba/ North Maclean/ South Maclean/ etc. $370 31 $340 24

MORETON BAY REGIONAL COUNCIL AREA $320 1,067 $310 1,059

Caboolture Region $290 485 $285 470

4504 Narangba $315 20 $330 28

4505 Burpengary $300 24 $290 21

4506 Moorina/ Morayfield $290 64 $285 49

4507 Banksia Beach/ Bellara/ Bongaree/ Woorim/ etc. $300 42 $300 49

4508 Deception Bay $290 101 $285 107

4510 Beachmere/ Caboolture/ Upper Caboolture/ etc. $280 173 $280 171

4511 Godwin Beach/ Ningi/ Sandstone Pt $280 28 $275 16

4512 Bracalba/ Wamuran/ Wamuran Basin $290 7 n.a. 3

4514 D'Aguilar/ Delaneys Ck/ Neurum/ Woodford/ etc. $305 20 $280 23

4516 Elimbah $290 6 n.a. 3

Pine Rivers Region $350 364 $340 379

4035 Albany Creek/ Bridgeman Downs $380 29 $360 32

4037 Eatons Hill $380 13 $350 9

4055 Bunya/ Ferny Grove/ Ferny Hills/ Upper Kedron $375 32 $350 32

4500 Bray Park/ Cashmere/ Strathpine/ Warner/ etc. $335 69 $330 81

4501 Lawnton $320 18 $310 22

4502 Petrie $320 23 $320 32

4503 Dakabin/ Griffin/ Kallangur/ Murrumba Downs/ etc. $330 90 $320 94

4509 Mango Hill/ North Lakes $360 72 $350 52

4520 Camp Mountain/ Highvale/ Samford Village/ etc. $410 8 $420 14

4521 Dayboro/ Mt Pleasant/ Ocean View/ etc. $340 10 $305 11

Redcliffe Region $330 218 $320 210

4019 Clontarf/ Margate/ Woody Point $330 98 $300 72

4020 Redcliffe/ Scarborough $320 76 $320 94

4021 Kippa-Ring $320 34 $320 35

4022 Rothwell $330 10 $325 9

REDLAND CITY COUNCIL AREA $350 351 $360 383

4157 Capalaba/ Capalaba West/ Sheldon $360 31 $370 43

4158 Thorneside $350 14 $350 15

4159 Birkdale $360 33 $375 33

4160 Ormiston/ Wellington Point $370 35 $370 47

4161 Alexandra Hills $360 50 $360 51

4163 Cleveland $375 49 $375 43

4164 Thornlands $370 13 $395 12

4165 Mt Cotton/ Redland Bay/ Victoria Point/ etc. $360 59 $360 69

4183 Amity / Dunwich/ Nth Stradbroke Is/ Point Lookout $280 6 n.a. 4

4184 Coochiemudlo Is/ Macleay Is/ Russell Is/ etc. $230 61 $230 66



BRISBAnE SURROUnDS


Suburbs/Localities



NewBonds

Rent ($)Po

stco

de Suburbs/Localities



NewBonds

Rent ($)Po

stco

de

MEDIAN WEEKLY RENTS MEDIAN WEEKLY RENTS

2 BEDROOM FLATS/UNITS IPSWICH CITY COUNCIL AREA $235 151 $220 132







4118 Browns Plains/ Heritage Park/ Regents Park/ etc. $265 6 n.a. 2




4132 Crestmead/ Marsden $240 10 $240 8



MORETON BAY REGIONAL COUNCIL AREA $260 468 $255 387


4505 Burpengary $240 6 $220 9

4506 Moorina/ Morayfield $260 9 $220 6


4508 Deception Bay $285 21 $275 16




4501 Lawnton $270 17 $260 15





4021 Kippa-Ring $220 8 $240 5



4158 Thorneside $270 7 $270 8

4160 Ormiston/ Wellington Point $340 7 n.a. 4

4161 Alexandra Hills $195 11 n.a. 1

4163 Cleveland $330 41 $325 36

IPSWICH CITY COUNCIL AREA $290 87 $295 68







4118 Browns Plains/ Heritage Park/ Regents Park/ etc. $320 34 $315 36

4119 Underwood $390 12 $385 16




4131 Loganlea/ Meadowbrook $345 30 $340 41

4132 Crestmead/ Marsden $300 12 n.a. 2



MORETON BAY REGIONAL COUNCIL AREA $320 371 $315 212


4505 Burpengary $290 49 $300 17


4508 Deception Bay $290 40 $285 35



4055 Bunya/ Ferny Grove/ Ferny Hills/ Upper Kedron $350 6 $350 9


4501 Lawnton $330 5 n.a. 1


4509 Mango Hill/ North Lakes $340 6 $340 6




4021 Kippa-Ring $325 74 $315 16

4022 Rothwell $300 9 $295 10



4158 Thorneside $350 8 $350 8

4160 Ormiston/ Wellington Point $360 13 $350 10

4163 Cleveland $380 30 $375 29

4165 Mt Cotton/ Redland Bay/ Victoria Point/ etc. $360 19 $355 20



MARKETMONITORQ

UE

EN

SLA

ND

26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10




61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10



80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10



67

83

52

38

41

25

5

8

1

14

14

6

MAR 10

JUN 10

SEP 10



52

44

44

4

4

0

1

0

2

MAR 10

JUN 10

SEP 10



61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10



62

58

55

11

12

4

3

5

2

MAR 10

JUN 10

SEP 10


80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10



67

83

52

38

41

25

5

8

1

14

14

6

MAR 10

JUN 10

SEP 10


66

52

39

61

47

18

13

15

18

15

11

9

MAR 10

JUN 10

SEP 10


52

44

44

4

4

0

1

0

2

MAR 10

JUN 10

SEP 10


58

56

53

10

8

6

5

3

8

MAR 10

JUN 10

SEP 10


61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10


32

81

57

6

1

4

2

3

2

MAR 10

JUN 10

SEP 10


62

58

55

11

12

4

3

5

2

MAR 10

JUN 10

SEP 10


80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


GOlD COAST CITY

127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


839

775

815

1147

1111

1009

454

424

328

13

14

16

MAR 10

JUN 10

SEP 10


<$350,000 <$500,000 <$1m $1m+


193

182

156

80

48

51

10

15

9

MAR 10

JUN 10

SEP 10


62

70

77

183

150

148

46

51

54

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


839

775

815

1147

1111

1009

454

424

328

13

14

16

MAR 10

JUN 10

SEP 10


<$350,000 <$500,000 <$1m $1m+


16

20

24

434

417

433

422

364

332

58

54

49

MAR 10

JUN 10

SEP 10


166

144

181

60

41

42

12

9

8

MAR 10

JUN 10

SEP 10


193

182

156

80

48

51

10

15

9

MAR 10

JUN 10

SEP 10


171

159

178

207

198

214

51

55

57

MAR 10

JUN 10

SEP 10


62

70

77

183

150

148

46

51

54

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


839

775

815

1147

1111

1009

454

424

328

13

14

16

MAR 10

JUN 10

SEP 10


<$350,000 <$500,000 <$1m $1m+


16

20

24

434

417

433

422

364

332

58

54

49

MAR 10

JUN 10

SEP 10


50

46

68

396

348

322

290

226

189

41

40

26

MAR 10

JUN 10

SEP 10


166

144

181

60

41

42

12

9

8

MAR 10

JUN 10

SEP 10


120

139

166

158

118

165

40

43

55

MAR 10

JUN 10

SEP 10


193

182

156

80

48

51

10

15

9

MAR 10

JUN 10

SEP 10


52

64

44

77

109

90

19

25

27

MAR 10

JUN 10

SEP 10


171

159

178

207

198

214

51

55

57

MAR 10

JUN 10

SEP 10


62

70

77

183

150

148

46

51

54

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



99

123

104

415

428

374

407

405

282

278

258

191

91

46

50

MAR 10

JUN 10

SEP 10


16

28

20

19

14

12

5

4

6

1

3

3

MAR 10

JUN 10

SEP 10


13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


26

23

22

59

38

31

30

19

21

14

12

11

MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



99

123

104

415

428

374

407

405

282

278

258

191

91

46

50

MAR 10

JUN 10

SEP 10


44

45

46

163

139

140

145

146

99

100

87

77

23

19

24

MAR 10

JUN 10

SEP 10


16

28

20

19

14

12

5

4

6

1

3

3

MAR 10

JUN 10

SEP 10


124

80

119

64

69

56

31

30

32

14

25

21

MAR 10

JUN 10

SEP 10


13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


10

9

17

11

9

5

12

14

4

3

5

6

MAR 10

JUN 10

SEP 10


26

23

22

59

38

31

30

19

21

14

12

11

MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


Median house and unit prices The Gold Coast residential property market was impacted by the high Australian dollar and lack of construction activity over the September quarter.

The Gold Coast median house price dropped 3 per cent to $480,000 over the period. Preliminary sales number over the quarter, however, held steady.

The region has been hit by a double-whammy of decreased tourist numbers, and the loss of employment in the construction sector.

Agents are reporting very challenging market conditions with a shortage of committed buyers in the market.

Because of this lack of buyers, sellers are starting to be more realistic about their price expectations. But while activity remains relatively subdued, buyers are still active in the sub-$600,000 price category.

There is also movement in the top end of the market given the significant price reductions that have been reported in the Gold Coast prestige market of late.

The Gold Coast has been hit particularly hard by the reduction of interstate migrants from Sydney and Melbourne, however, with prices easing in Queensland compared to southern states it is hoped that the Sea Change phenomena will rise again in the years ahead.

The Gold Coast median unit and townhouse price decreased 3.6 per cent to $355,000 over the quarter.

Activity in the sub-$500,000 unit and townhouse price bracket, particularly $300,000 to $400,000, is relatively strong with buyers looking to this segment of the market due to affordability considerations.

At the other end of the spectrum, units in high-rise developments are increasingly hard to shift with only sellers that are prepared to the meet the market on price, making a sale. There are reports of some units selling for a marked reduction on the price the seller originally paid for the property.

Median vacant land pricesThe median price of vacant land on the Gold Coast decreased 3.4 per cent to $231,800 over the quarter.

Land sales are occurring at the northern and southern ends of the Gold Coast as well as at a development near Royal Pines.

The Gold Coast remains hamstrung by the lack of land available for future development however this ensures land will increasingly be viewed as a scarce commodity with prices to match in the future.

Median rentsThe median weekly rent for a three-bedroom house increased marginally by $5 to $400 between September last year and September this year. The median rent for a two-bedroom unit edged up $10 to $340 per week over the same period.

Residential vacancy rates on the Gold Coast have eased to 4.3 per cent - up from 3.5 in March - to be the highest it has been in more than two years. Agents are reporting slower market conditions with tenants leaving the Gold Coast due to a lack of employment opportunities and a perception of over-priced properties.

Agents are also reporting an oversupply of stock as investors return their properties to the rental market which they have unsuccessfully tried to sell. Some even report investors advertising properties for let and for sale concurrently, and taking whichever offer comes first.



GOlD COAST CITY

HOUSES



UNITS & TOWNHOUSES GOLD COAST CITY (LGA) 838 $480,000 -3.0% $510,000 8.5% 28.3%

GOLD COAST CITY (LGA) ^ 78 $711,000 -1.6% $715,000 8.0% 24.3%

ARUNDEL 26 $461,000 2.4% $470,000 3.3% 16.9%

ASHMORE 20 $455,000 -4.2% $488,000 5.2% 30.1%

BENOWA + * f 21 $1,080,000 29.0% $767,500 12.4% 16.3%

BIGGERA WATERS ~ f 8 $685,000 38.4% $555,000 10.8% 30.6%

BONOGIN ^ ~ 7 $675,000 -6.9% $667,500 8.1% 25.9%

BROADBEACH WATERS ~ f 29 $735,000 -20.1% $820,000 -1.4% 28.1%

BUNDALL ~ f 16 $917,500 -11.8% $910,000 4.6% 36.9%

BURLEIGH HEADS ~ f 10 $475,000 -20.2% $566,500 5.5% 11.0%

BURLEIGH WATERS 27 $560,000 -0.1% $572,000 4.5% 30.0%

CARRARA ~ 23 $422,000 -0.7% $438,000 -0.2% 24.3%

CLEAR ISLAND WATERS f 5 N/A N/A $870,000 8.8% 16.0%

COOMBABAH ~ f 13 $457,500 12.6% $443,000 8.6% 35.9%

COOMERA + * f 14 $648,750 27.2% $570,000 -5.0% 10.7%

CURRUMBIN VALLEY ^ 2 N/A N/A $750,000 0.0% 22.0%

CURRUMBIN WATERS 14 $470,000 -4.1% $505,000 7.4% 30.5%

ELANORA 33 $510,000 -3.8% $530,000 10.4% 31.5%

HELENSVALE + * f 33 $440,000 -8.8% $501,000 6.5% 28.5%

HIGHLAND PARK ~ 13 $420,000 -9.0% $428,750 5.7% 32.7%

HOLLYWELL 7 $579,000 N/A $578,500 12.9% 36.1%

HOPE ISLAND + * f 16 $1,125,000 25.0% $1,050,000 -11.6% 2.7%

LABRADOR ~ 13 $390,000 -8.2% $439,000 5.1% 27.2%

MAUDSLAND 8 $439,500 N/A $439,000 2.7% 20.3%

MERMAID BEACH ~ 3 N/A N/A $1,230,000 14.4% 17.9%

MERMAID WATERS ~ f 26 $615,000 -5.1% $652,000 5.0% 25.4%

MERRIMAC 5 N/A N/A $426,000 4.3% 28.1%

MIAMI 14 $534,500 N/A $555,000 11.0% 35.4%

MOLENDINAR 18 $485,000 -0.6% $502,000 6.8% 24.9%

MUDGEERABA 25 $476,500 2.1% $486,000 11.1% 36.8%

MUDGEERABA ^ 6 $810,000 N/A $730,000 14.1% 25.6%

NERANG 29 $371,624 -4.2% $383,750 3.2% 28.6%

NERANG ^ 4 N/A N/A $755,000 12.7% 20.8%

ORMEAU 26 $427,500 -3.3% $443,500 4.0% 23.4%

ORMEAU ^ 7 $643,500 N/A $696,250 13.0% 29.5%

OXENFORD 39 $440,000 -4.3% $457,250 7.8% 31.4%

PACIFIC PINES 46 $452,500 -4.7% $465,000 2.6% 26.0%

PALM BEACH 21 $560,000 -0.2% $550,000 5.8% 27.9%

PARADISE POINT ¹ ~ f 9 $585,000 N/A $620,250 9.3% -1.5%

PARKWOOD 15 $495,000 -1.0% $490,000 5.4% 25.6%

PIMPAMA 2 N/A N/A $400,000 N/A N/A

REEDY CREEK ~ 13 $614,000 9.4% $660,000 7.7% 53.3%

ROBINA ~ 45 $515,000 -7.5% $545,500 5.9% 21.7%

RUNAWAY BAY ~ f 17 $835,000 29.9% $718,000 -4.3% -9.4%

SOUTHPORT ~ f 23 $465,000 -6.5% $479,500 7.8% 29.0%

SOVEREIGN ISLAND * f 4 N/A N/A $2,200,000 -8.3% 19.0%

SURFERS PARADISE ~ f 13 $900,000 -9.1% $1,260,000 -3.4% 1.6%

TALLAI ^ 11 $765,000 N/A $765,000 3.4% 13.9%

TALLEBUDGERA ^ ~ 2 N/A N/A $725,000 -2.4% 35.5%

TALLEBUDGERA VALLEY ^ 1 N/A N/A $710,000 N/A 15.9%

TUGUN 8 $421,250 -3.2% $454,500 1.0% 19.6%

UPPER COOMERA 57 $408,000 -2.9% $427,500 5.6% 31.6%

VARSITY LAKES 22 $478,750 -2.8% $500,000 9.9% 25.0%

WORONGARY 6 N/A N/A $405,000 1.3% 26.6%

WORONGARY ^ ~ 9 $760,000 17.8% $725,000 19.8% 30.6%

GOLD COAST CITY (LGA) 1,001 $355,000 -3.6% $378,000 6.5% 20.0%

ARUNDEL 16 $319,000 1.3% $324,000 2.8% 33.6%

ASHMORE 10 $286,000 -8.0% $310,000 2.5% 29.7%

BENOWA - * f 6 N/A N/A $400,000 12.4% 32.2%

BIGGERA WATERS ~ f 27 $310,000 -6.1% $392,500 15.4% 57.0%

BILINGA ~ f 7 $465,000 -11.6% $502,500 9.5% 10.4%

BROADBEACH * f 52 $520,000 33.0% $463,000 2.4% 10.0%

BROADBEACH WATERS 4 N/A N/A $409,000 3.5% 38.6%

BUNDALL 6 N/A N/A $355,000 10.9% 37.1%

BURLEIGH HEADS * f 33 $365,000 -12.8% $413,500 5.9% 18.1%

BURLEIGH WATERS * 17 $360,000 2.0% $362,500 0.7% 27.0%

CARRARA * f 34 $467,500 5.1% $444,750 24.4% 23.2%

CLEAR ISLAND WATERS - f 2 N/A N/A $435,000 20.5% 27.2%

COOLANGATTA ~ f * 26 $417,500 -14.8% $490,000 15.6% 16.0%

COOMBABAH * f 18 $320,000 -7.2% $342,000 8.6% 42.5%

COOMERA - f * 16 $278,500 -18.8% $339,900 62.6% 42.8%

CURRUMBIN ~ * 7 $335,000 -12.4% $405,500 4.5% 8.1%

CURRUMBIN WATERS 6 N/A N/A $352,500 8.5% 39.3%

ELANORA 8 $365,000 11.3% $339,000 7.8% 30.9%

EPHRAIM ISLAND * f 2 N/A N/A $1,212,500 21.3% 28.3%

HELENSVALE - * f 13 $319,000 19.3% $310,000 -1.6% 30.8%

HOLLYWELL * f 2 N/A N/A $900,000 29.1% N/A

HOPE ISLAND - * f 14 $435,000 11.5% $410,000 -23.5% -21.9%

LABRADOR 50 $313,500 -0.9% $323,000 2.9% 26.7%

MAIN BEACH ~ f 22 $672,500 -12.7% $670,000 12.1% 20.2%

MERMAID BEACH 35 $385,000 7.7% $385,000 6.8% 13.2%

MERMAID WATERS 14 $300,400 1.3% $324,000 4.9% 27.7%

MERRIMAC * f 10 $286,250 -54.0% $386,250 24.6% 66.5%

MIAMI * 23 $365,000 -4.5% $380,000 8.6% 18.8%

MUDGEERABA 15 $335,000 -2.9% $340,500 0.9% 39.0%

NERANG 13 $305,000 0.3% $297,500 4.4% 25.0%

ORMEAU 9 $374,000 6.9% $370,500 5.9% 51.5%

OXENFORD 9 $307,000 -1.0% $291,000 1.9% 36.6%

PACIFIC PINES 14 $377,000 3.3% $387,000 7.5% 53.0%

PALM BEACH ~ f * 34 $325,000 -12.2% $362,500 2.4% 25.9%

PARADISE POINT ¹ ~ f 7 $370,000 -10.4% $413,000 20.6% 35.4%

REEDY CREEK 8 $317,500 -3.5% $315,000 5.7% 43.2%

ROBINA * 23 $405,000 -8.0% $457,000 6.3% 32.5%

RUNAWAY BAY ~ * 14 $572,500 24.5% $510,000 22.9% 7.4%

SOUTHPORT ~ f * 97 $320,000 -3.8% $335,000 -2.9% 4.7%

SURFERS PARADISE ~ f * 116 $375,000 -5.9% $380,000 7.0% 4.1%

TUGUN ~ f * 17 $350,000 -17.3% $428,500 3.3% 30.8%

UPPER COOMERA ~ 7 $323,000 -10.3% $355,000 5.2% 16.4%

VARSITY LAKES * f 42 $373,000 -9.0% $383,250 0.3% 16.7%

GOLD COAST CITY (LGA) * f 84 $231,800 -3.4% $240,000 2.1% 23.1%

GOLD COAST CITY (LGA) ^ ~ * 15 $410,000 N/A $450,000 17.6% 5.9%

COOMERA + * f 19 $243,000 -9.3% $247,200 -1.1% 9.9%

HELENSVALE + * f 7 $532,000 -5.8% $513,750 4.3% 16.1%

HOPE ISLAND + * f ~ 6 $592,500 22.2% $330,000 -40.0% -34.7%

ORMEAU * 3 N/A N/A $259,500 18.0% 46.6%

OXENFORD * 6 $229,500 -8.1% $235,000 3.5% 5.4%

PACIFIC PINES * 19 $234,000 -0.3% $236,000 3.1% 27.6%

PIMPAMA * 12 $210,000 -2.3% $214,900 -2.3% 13.1%

REEDY CREEK * 3 N/A N/A $340,500 17.9% 37.0%

SOVEREIGN ISLAND * f 0 N/A N/A $1,090,000 -11.0% 27.1%

UPPER COOMERA + * 13 $250,000 4.6% $242,150 5.3% 31.6%

VACANT URBAN LAND



MARKETMONITORQ

UE

EN

SLA

ND

GOlD COAST CITY


127

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3 BEDROOM HOUSES

Suburbs/Localities



NewBonds

Rent ($)Po

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NewBonds

Rent ($)Po

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MEDIAN WEEKLY RENTS

2 BEDROOM FLATS/UNITS continued


TOOWOOMBA REGIOnAl

Median house and unit prices The strength of the resources industry has helped Toowoomba perform particularly well over the September quarter.

Being one of only three major regional centres across the State to boost its median house price over the September quarter, Toowoomba posted a 1.4 per cent increase to $289,000. Toowoomba also recorded a 7.4 per cent increase to its median price over the year.

Demand is expected to increase in coming months particularly since the provisional approval of a number of multibillion-dollar mining projects, which will have an impact on the Surat Basin in the years ahead.

Agents in the area are reporting that the market is there and ready to go but buyers’ confidence just needs to improve for activity to increase significantly.

Kearneys Spring was the top two performing suburb for the region recording a 10.7 per cent increase to its median house price to $330,000 over the September quarter. However, this figure was partially impacted by newly built homes within a new sub-division during that time.

South Toowoomba, one of the closest and most affordable suburbs to the CBD, posted a healthy median price increase of 5 per cent to $278,250, and 6 per cent over the year. Middle Ridge also recorded 4 per cent growth in its median house price to $421,250 for the quarter and 8 per cent over the year.

The unit and townhouse market in Toowoomba also performed well for the quarter with a 6.4 per cent jump in its median price to $240,000 and 8.3 per cent over the year. Its preliminary sales numbers were also up about 5 per cent over the quarter.

GOLD COAST CITY COUNCIL AREA $400 1,138 $395 1,180

4208 Jacobs Well/ Ormeau/ Ormeau Hills/ etc. $360 41 $350 23

4209 Coomera/ Pimpama/ Upper Coomera/ Willow Vale $360 71 $360 84

4210 Guanaba/ Maudsland/ Oxenford/ Wongawallan $380 30 $370 28

4211 Carrara/ Highland Park/ Nerang/ Pacific Pines/ etc. $380 131 $370 144

4212 Helensvale/ Hope Island $400 63 $400 76

4213 Bonogin/ Mudgeeraba/ Tallai/ Worongary/ etc. $400 67 $390 47

4214 Arundel/ Ashmore/ Molendinar/ Parkwood $400 96 $400 89

4215 Labrador/ Southport $380 121 $370 114

4216 Biggera Waters/ Paradise Pt/ Runaway Bay/ etc. $380 90 $380 102

4217 Benowa/ Main Beach/ Surfers Paradise/ etc. $470 39 $500 44

4218 Broadbeach/ Mermaid Beach/ Mermaid Wates/ etc. $475 84 $450 105

4220 Burleigh Heads/ Burleigh Waters/ Miami $430 63 $420 70

4221 Elanora/ Palm Beach $420 56 $400 74

4223 Currumbin/ Currumbin Valley/ Currumbin Waters $405 34 $400 25

4224 Tugun $395 12 $360 19

4225 Bilinga/ Coolangatta $370 10 $400 7

4226 Clear Island Waters/ Merrimac/ Robina $430 79 $420 79

4227 Reedy Creek/ Varsity Lakes $420 41 $400 44

4228 Tallebudgera/ Tallebudgera Valley $390 10 $425 6


4210 Guanaba/ Maudsland/ Oxenford/ Wongawallan $290 16 $285 18











4224 Tugun $320 43 $310 52

4225 Bilinga/ Coolangatta $310 162 $300 146




4208 Jacobs Well/ Ormeau/ Ormeau Hills/ etc. $360 14 $350 12

4209 Coomera/ Pimpama/ Upper Coomera/ Willow Vale $350 118 $335 118

4210 Guanaba/ Maudsland/ Oxenford/ Wongawallan $320 20 n.a. 3



4213 Bonogin/ Mudgeeraba/ Tallai/ Worongary/ etc. $350 38 $350 42









4224 Tugun $430 43 $440 16





TOOWOOMBA REGIOnAl

50

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41

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JUN 10

SEP 10


HOUSES

VACANT URBAN LAND



UNITS & TOWNHOUSES

Again, Kearneys Spring also scored well in this segment of the market with an increase of 15.3 per cent to its median price to $259,500. However this is partly due to the varying quality of stock sold for this housing type over the period. Preliminary sales numbers were also up marginally for the quarter.

Median land prices Toowoomba’s median vacant urban land posted a 14.8 per cent increase to $147,000 over the September quarter. This can partly be attributed to new land subdivisions in Middle Ridge which recorded an increase of 17 preliminary sales numbers over the quarter and an increase of 30.3 per cent to its annual median.

Median rents Toowoomba’s rental market continues to be extremely tight – with vacancy rates coming in at 0.9 per cent as at the end of September. The majority of agents report up to five applicants per rental listing with letting periods anywhere between one and four weeks.

The median rent for a three-bedroom home increased $15 to $265 per week between September last year and September this year. The median rent for a two-bedroom unit also increased and was up $10 to $200 per week over the same period.

TOOWOOMBA (LGA) 379 $289,000 1.4% $292,000 7.4% 29.5%

TOOWOOMBA (LGA) ^ 64 $455,000 3.5% $433,000 11.0% 33.2%

CENTENARY HEIGHTS ~ 11 $285,000 -5.8% $291,250 4.0% 23.9%

CROWS NEST 5 N/A N/A $231,250 2.8% 36.0%

DARLING HEIGHTS ~ 13 $289,000 -7.4% $305,000 8.9% 22.9%

EAST TOOWOOMBA ~ 13 $343,000 0.1% $353,550 -0.9% 30.9%

GLENVALE 20 $309,500 -1.9% $335,000 8.9% 36.2%

HARLAXTON ~ 11 $221,500 -10.1% $250,000 14.2% 35.1%

HARRISTOWN ~ 25 $250,000 -6.3% $263,750 7.7% 25.6%

HIGHFIELDS * 16 $430,000 4.2% $422,250 -0.1% 14.7%

HIGHFIELDS ^ * 13 $440,000 2.4% $434,500 11.4% 24.1%

HODGSON VALE ^ ~ 5 $510,000 N/A N/A N/A N/A

KEARNEYS SPRING ~ 15 $330,000 10.7% $313,000 6.8% 22.7%

MERINGANDAN WEST ^ ~ 3 N/A N/A $310,000 -5.6% 30.5%

MIDDLE RIDGE 24 $421,250 4.0% $445,000 8.0% 30.9%

MOUNT LOFTY ~ 10 $327,500 -4.7% $365,000 14.6% 37.7%

NEWTOWN 35 $254,000 -1.2% $263,000 10.7% 33.5%

NORTH TOOWOOMBA ~ 13 $245,000 -5.8% $250,000 6.2% 34.2%

OAKEY ~ 6 N/A N/A $236,000 19.5% 62.8%

PITTSWORTH ~ 7 $275,000 N/A $258,000 -4.4% 55.9%

RANGEVILLE ~ 32 $428,500 19.4% $380,000 5.8% 28.8%

ROCKVILLE 13 $255,000 1.2% $257,000 7.5% 31.8%

SOUTH TOOWOOMBA 28 $278,250 5.0% $265,000 6.0% 30.7%

TOOWOOMBA CITY 4 N/A N/A $259,500 1.6% 29.8%

WESTBROOK 12 $402,500 0.6% $389,500 4.6% 27.7%

WILSONTON 18 $272,500 -2.5% $275,750 8.1% 31.3%

WILSONTON HEIGHTS 5 N/A N/A $248,500 6.7% N/A

WYREEMA ~ 6 N/A N/A $288,750 -3.4% 41.9%

TOOWOOMBA (LGA) ~ 80 $240,000 6.4% $238,250 8.3% 29.5%

EAST TOOWOOMBA ~ * 7 $225,000 -16.7% $269,500 29.6% 22.5%

KEARNEYS SPRING ~ 14 $259,500 15.3% $252,000 5.2% 20.9%

NEWTOWN ~ 8 $238,000 9.2% $215,500 -0.2% 22.8%

RANGEVILLE 3 N/A N/A $295,000 N/A 28.7%

SOUTH TOOWOOMBA 4 N/A N/A $226,500 N/A 13.3%

TOOWOOMBA (LGA) * 61 $147,000 14.8% $136,500 14.7% 51.7%

TOOWOOMBA (LGA) ^ ~ * 44 $158,500 5.3% $160,500 3.5% 42.0%

BLUE MOUNTAIN HEIGHTS ^ * 5 $178,000 N/A N/A N/A N/A

GLENVALE * 3 N/A N/A $136,000 14.3% 46.2%

GOWRIE JUNCTION ^ * 4 N/A N/A $140,000 N/A N/A

HIGHFIELDS * 3 N/A N/A $137,500 8.3% 20.1%

HIGHFIELDS ^ * 7 $192,000 28.0% $159,500 N/A 32.9%

HODGSON VALE ^ * 5 $164,000 N/A N/A N/A N/A

KLEINTON * 11 $147,500 N/A $136,250 6.9% N/A

MERINGANDAN WEST * 1 N/A N/A $110,000 N/A 61.8%

MIDDLE RIDGE ~ * 18 $201,250 N/A $213,750 30.3% 47.2%

WILSONTON HEIGHTS * 4 N/A N/A $130,000 N/A N/A



MARKETMONITORQ

UE

EN

SLA

ND

TOOWOOMBA REGIOnAl

2 BEDROOM FLATS/UNITS3 BEDROOM HOUSES

Suburbs/Localities



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NewBonds

Rent ($)Po

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MEDIAN WEEKLY RENTS


SUnSHInE COAST REGIOnAl

Median house and unit prices Among many other regions throughout the State, the Sunshine Coast was hit with a lack of positive growth over the September quarter. The median house price on the Sunshine Coast dropped 3.2 per cent to $455,000, but recorded a 6 per cent increase over the year ending September 2010.

Agents in the area are reporting caution and uncertainty among buyers and sellers.

However, it has been reported that investors are still active in the lower end of the market, opting for the $350,000 mark and below as this price bracket holds a stronger rental return.

Buderim, one of the biggest trade areas on the Sunshine Coast, continues to post positive median price results, up 8 per cent for the quarter to $562,500.The number of preliminary house sales in Buderim, for the year ending September 2010, was by far the highest of any other Sunshine Coast suburb.

Sippy Downs, home to the University of the Sunshine Coast, one of Australia’s fastest growing universities, also recorded positive growth increasing its median 7.1 per cent to $449,750. Maroochydore posted a 7.3 per cent increase to $480,000 which can be partly attributed to canal-living properties that were sold.

The unit and townhouse market also experienced a drop in its median posting a 4.8 per cent decrease to $355,000. Although, increased its yearly median by 13.6 per cent.

Alexandra Headland, Noosa Heads and Golden Beach were strong performing suburbs with a 10.9 per cent, 10.1 per cent and 7 per cent increase to median prices over the September quarter. The increases from Alexandra Headland and Noosa Heads are due to the higher than usual number of waterfront and new units sold during that time.

Median land prices Preliminary sales of vacant urban land fell dramatically on the Sunshine Coast during the September quarter, down about 30 per cent on the previous quarter. The median price of vacant urban land dropped 4.7 per cent to $252,500 for the September quarter.

The majority of preliminary sales over the year were recorded in Peregian Springs, where house and land packages continue to sell well. Land sales located in the Kawana Waters estate located in Birtinya also posted an increase in preliminary sales numbers over the year ending September.

Median rents Residential vacancy rates have tightened slightly to 3.4 per cent, with the coastal region of Caloundra recording the lowest at 2.5 per cent. In the Maroochy area, residential vacancy rates are also at a healthy level of 2.6 per cent. Noosa and the Sunshine Coast hinterland, on the other hand, recorded 5.1 per cent and 4.2 per cent, respectively.

A slowing in sales activity in the hinterland region has resulted in an oversupply of rental stock as investors are unable to sell. Agents on the Noosa coast however are reporting tenant enquiry levels are picking up.

The median rent for a three-bedroom house on the Sunshine Coast increased $10 to $360 per week between September last year and September this year. The median rent for a two-bedroom unit also increased and was up $10 to $300 per week over the same period.

TOOWOOMBA REGIONAL COUNCIL AREA $265 562 $250 647

4350 Newtown/ Rangeville/ Harristown/ Wilsonton/ etc. $270 442 $255 481

4352 Highfields/ Meringandan/ Preston/ Withcott/ etc. $290 22 $260 35

4355 Crows Nest/ Glenaven/ Jones Gully/ etc. $210 8 $200 10

4356 Pittsworth/ Bongeen/ Stoneleigh/ etc. $250 17 $220 22

4357 Millmerran/ Bringalily/ Stonehenge/ etc. $230 8 $190 11

4358 Cambooya/ Eton Vale/ Felton/ etc. $230 5 n.a. 4

4359 Ascot/ Budgee/ Greenmount/ etc. $270 6 n.a. 4

4361 Back Plains/ Clifton/ Sandy Camp/ etc. $205 8 $190 11

4400 Kingsthorpe $225 6 $230 6

4401 Acland/ Biddeston/ Oakey/ etc. $245 17 $230 38

4614 Neumgna/ Upper Yarraman/ Yarrman/ etc. $200 10 $200 13


4350 Newtown/ Rangeville/ Harristown/ Wilsonton/ etc. $200 360 $190 303

4357 Millmerran/ Bringalily/ Stonehenge/ etc. $170 5 n.a. 2

4401 Acland/ Biddeston/ Oakey/ etc. $185 15 $180 14





127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


839

775

815

1147

1111

1009

454

424

328

13

14

16

MAR 10

JUN 10

SEP 10


<$350,000 <$500,000 <$1m $1m+


193

182

156

80

48

51

10

15

9

MAR 10

JUN 10

SEP 10


62

70

77

183

150

148

46

51

54

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


839

775

815

1147

1111

1009

454

424

328

13

14

16

MAR 10

JUN 10

SEP 10


<$350,000 <$500,000 <$1m $1m+


16

20

24

434

417

433

422

364

332

58

54

49

MAR 10

JUN 10

SEP 10


166

144

181

60

41

42

12

9

8

MAR 10

JUN 10

SEP 10


193

182

156

80

48

51

10

15

9

MAR 10

JUN 10

SEP 10


171

159

178

207

198

214

51

55

57

MAR 10

JUN 10

SEP 10


62

70

77

183

150

148

46

51

54

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


839

775

815

1147

1111

1009

454

424

328

13

14

16

MAR 10

JUN 10

SEP 10


<$350,000 <$500,000 <$1m $1m+


16

20

24

434

417

433

422

364

332

58

54

49

MAR 10

JUN 10

SEP 10


50

46

68

396

348

322

290

226

189

41

40

26

MAR 10

JUN 10

SEP 10


166

144

181

60

41

42

12

9

8

MAR 10

JUN 10

SEP 10


120

139

166

158

118

165

40

43

55

MAR 10

JUN 10

SEP 10


193

182

156

80

48

51

10

15

9

MAR 10

JUN 10

SEP 10


52

64

44

77

109

90

19

25

27

MAR 10

JUN 10

SEP 10


171

159

178

207

198

214

51

55

57

MAR 10

JUN 10

SEP 10


62

70

77

183

150

148

46

51

54

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

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242

282

270

30

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37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

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21

22

26

10

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MAR 10

JUN 10

SEP 10


50

44

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255

254

265

645

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628

242

282

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MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



99

123

104

415

428

374

407

405

282

278

258

191

91

46

50

MAR 10

JUN 10

SEP 10


16

28

20

19

14

12

5

4

6

1

3

3

MAR 10

JUN 10

SEP 10


13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


26

23

22

59

38

31

30

19

21

14

12

11

MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



99

123

104

415

428

374

407

405

282

278

258

191

91

46

50

MAR 10

JUN 10

SEP 10


44

45

46

163

139

140

145

146

99

100

87

77

23

19

24

MAR 10

JUN 10

SEP 10


16

28

20

19

14

12

5

4

6

1

3

3

MAR 10

JUN 10

SEP 10


124

80

119

64

69

56

31

30

32

14

25

21

MAR 10

JUN 10

SEP 10


13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


10

9

17

11

9

5

12

14

4

3

5

6

MAR 10

JUN 10

SEP 10


26

23

22

59

38

31

30

19

21

14

12

11

MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


HOUSES



SUNSHINE COAST (LGA) 605 $455,000 -3.2% $475,000 6.0% 23.4%

SUNSHINE COAST (LGA) ^ 134 $547,000 5.2% $580,000 5.9% 26.6%

ALEXANDRA HEADLAND ~ 8 $610,000 N/A $688,500 -3.4% 41.2%

AROONA 5 N/A N/A $430,000 6.2% 23.7%

BATTERY HILL 8 $450,500 N/A $410,500 3.9% 16.0%

BEERWAH ~ 9 $380,000 -12.1% $405,000 3.7% 46.6%

BLACK MOUNTAIN ^ 8 $525,500 N/A $505,000 N/A 21.7%

BLI BLI 20 $397,500 -0.3% $407,875 7.3% 24.8%

BUDDINA ~ f 3 N/A N/A $683,750 24.3% 39.5%

BUDERIM 78 $562,500 8.0% $549,000 6.6% 30.2%

BUDERIM ^ 1 N/A N/A $918,000 8.6% 18.5%

BURNSIDE 10 $363,000 N/A $389,250 7.8% 42.3%

CALOUNDRA WEST 13 $416,000 -3.3% $430,000 3.6% 22.9%

COOLUM BEACH ~ f 14 $452,500 -7.4% $497,000 6.2% 21.5%

COOROY 9 $430,000 0.7% $426,000 7.8% 38.5%

CURRIMUNDI 10 $437,500 0.1% $438,000 3.1% 21.7%

DOONAN ^ ~ 9 $560,000 -35.6% $700,000 11.1% 19.7%

EUMUNDI ^ 4 N/A N/A $620,000 N/A 21.6%

GLASS HOUSE MOUNTAINS 7 $425,000 -1.7% $435,000 4.8% 35.9%

GLASS HOUSE MOUNTAINS ^ 4 N/A N/A $470,000 11.2% 19.0%

GOLDEN BEACH 11 $440,500 -4.8% $458,750 4.3% 22.3%

KULUIN ~ 10 $386,750 N/A $390,000 -2.4% 23.8%

LANDSBOROUGH 8 $406,250 6.2% $381,250 3.0% 35.2%

LITTLE MOUNTAIN ~ 23 $450,000 -6.3% $470,000 2.2% 27.4%

MALENY 5 N/A N/A $480,000 12.9% 42.8%

MALENY ^ 1 N/A N/A $632,500 4.5% 31.8%

MARCOOLA 2 N/A N/A $462,000 6.8% 8.1%

MAROOCHY RIVER ^ 7 $490,000 N/A N/A N/A N/A

MAROOCHYDORE f 16 $480,000 7.3% $473,750 10.3% 22.9%

MERIDAN PLAINS ~ 4 N/A N/A $428,500 -4.8% 8.1%

MINYAMA f 5 N/A N/A $820,000 -14.6% 51.5%

MOFFAT BEACH 6 N/A N/A $563,500 12.8% 33.5%

MOOLOOLABA ~ f 9 $775,000 26.0% $632,500 14.0% 24.0%

MOOLOOLAH VALLEY ^ ~ 4 N/A N/A $505,000 -11.4% 17.4%

MOUNT COOLUM 4 N/A N/A $470,000 2.2% 14.1%

MOUNTAIN CREEK ~ g 16 $461,750 -10.3% $495,000 3.1% 25.3%

NAMBOUR 28 $335,000 -1.6% $345,000 1.5% 31.4%

NOOSA HEADS ~ f 9 $835,000 26.0% $648,500 -1.7% 4.5%

NOOSAVILLE ~ f 13 $630,000 14.5% $720,000 0.0% -3.0%

PACIFIC PARADISE 2 N/A N/A $389,000 7.2% 37.5%

PALMWOODS ^ 3 N/A N/A $672,500 3.5% N/A

PALMWOODS ~ 19 $430,000 -11.7% $435,750 -1.0% 20.7%

PARREARRA 14 $512,500 2.5% $525,000 3.3% 10.1%

PELICAN WATERS 18 $637,500 -4.9% $643,500 6.6% 21.6%

PEREGIAN BEACH ~ f 6 N/A N/A $616,000 11.5% 4.0%

PEREGIAN SPRINGS ~ 14 $483,751 -6.1% $507,500 -1.3% N/A

POMONA ^ 5 $515,000 N/A $540,000 8.2% 39.4%

SIPPY DOWNS 38 $449,750 7.1% $445,000 3.5% 25.4%

SUNRISE BEACH ~ 5 N/A N/A $595,000 -1.7% 7.2%

SUNSHINE BEACH ~ f 3 N/A N/A $862,500 7.5% -21.4%

TEWANTIN 18 $459,500 2.1% $447,000 4.0% 24.2%

TWIN WATERS 11 $647,000 -2.9% $680,000 6.3% 20.4%

WARANA 10 $452,500 -1.1% $477,500 0.2% 19.7%

WOOMBYE 5 N/A N/A $420,000 12.3% 35.5%

WURTULLA 14 $460,000 -3.9% $467,500 8.2% 26.5%

YAROOMBA 4 N/A N/A $502,500 4.7% 16.9%

SUNSHINE COAST (LGA) * f 386 $355,000 -4.8% $375,000 13.6% 11.9%

ALEXANDRA HEADLAND * f 23 $350,000 10.9% $335,000 6.3% 1.5%

BUDERIM 26 $376,500 -4.9% $385,000 11.6% 32.0%

CALOUNDRA * f 18 $412,500 0.6% $450,000 20.0% 16.9%

CALOUNDRA WEST * 8 $325,000 -7.1% $330,000 8.2% 37.5%

COOLUM BEACH * f 12 $377,000 3.6% $376,000 13.9% 5.6%

GOLDEN BEACH 17 $380,000 7.0% $370,000 5.0% 19.4%

KINGS BEACH f 16 $419,000 -3.7% $443,000 9.4% 23.1%

MARCOOLA * f 14 $275,000 -21.9% $359,000 7.2% 0.4%

MAROOCHYDORE ~ f 55 $332,000 -5.1% $368,500 6.2% 11.7%

MOOLOOLABA 27 $401,000 4.8% $380,000 10.1% 7.0%

MOUNT COOLUM 6 N/A N/A $345,000 15.0% 20.9%

NAMBOUR * 11 $249,000 -4.2% $285,000 14.5% 58.3%

NOOSA HEADS - * f 21 $640,000 10.1% $565,000 0.9% -13.1%

NOOSAVILLE - ~ f 27 $325,000 -11.7% $390,000 11.4% 19.1%

PARREARRA * f 6 N/A N/A $393,750 -9.5% 15.0%

PELICAN WATERS * 3 N/A N/A $469,900 9.8% N/A

PEREGIAN BEACH 6 N/A N/A $444,000 3.3% 1.4%

PEREGIAN SPRINGS - * 6 $417,900 0.0% $417,900 4.4% N/A

SIPPY DOWNS * 5 N/A N/A $205,000 5.1% -5.7%

SUNRISE BEACH 2 N/A N/A $368,575 1.7% 9.0%

SUNSHINE BEACH ~ f 4 N/A N/A $525,000 -8.5% -4.5%

TEWANTIN 5 N/A N/A $300,000 0.0% 27.7%

TWIN WATERS * f 3 N/A N/A $577,500 N/A N/A

WARANA 7 $309,000 N/A $317,500 2.4% 21.5%

HOUSES continued

UNITS & TOWNHOUSES



MARKETMONITORQ

UE

EN

SLA

ND


VACANT URBAN LAND


MEDIAN SALES DATA


3 BEDROOM HOUSES continued

Suburbs/Localities



NewBonds

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MEDIAN WEEKLY RENTS


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10




61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10



80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10



67

83

52

38

41

25

5

8

1

14

14

6

MAR 10

JUN 10

SEP 10



52

44

44

4

4

0

1

0

2

MAR 10

JUN 10

SEP 10



61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10



62

58

55

11

12

4

3

5

2

MAR 10

JUN 10

SEP 10


80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10



67

83

52

38

41

25

5

8

1

14

14

6

MAR 10

JUN 10

SEP 10


66

52

39

61

47

18

13

15

18

15

11

9

MAR 10

JUN 10

SEP 10


52

44

44

4

4

0

1

0

2

MAR 10

JUN 10

SEP 10


58

56

53

10

8

6

5

3

8

MAR 10

JUN 10

SEP 10


61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10


32

81

57

6

1

4

2

3

2

MAR 10

JUN 10

SEP 10


62

58

55

11

12

4

3

5

2

MAR 10

JUN 10

SEP 10


80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


SUNSHINE COAST (LGA) * f 84 $252,500 -4.7% $255,000 8.5% 15.9%

SUNSHINE COAST (LGA) ^ ~ 28 $370,000 8.8% $370,000 15.6% 21.3%

BEERWAH * 2 N/A N/A $190,250 0.7% 31.2%

BIRTINYA * 1 N/A N/A $320,000 N/A N/A

BLI BLI * 0 N/A N/A $248,000 N/A 45.7%

BUDERIM 4 N/A N/A $265,000 2.9% 8.2%

BURNSIDE * 2 N/A N/A $186,500 5.1% 31.1%

COES CREEK * 5 $180,000 N/A $188,500 N/A N/A

COOLUM BEACH * 2 N/A N/A $282,500 8.7% -4.4%

LITTLE MOUNTAIN * 0 N/A N/A $249,000 -4.2% 31.1%

MALENY * 4 N/A N/A $221,000 0.5% 16.3%

MERIDAN PLAINS * 0 N/A N/A $244,900 N/A N/A

MOUNT COOLUM * f 2 N/A N/A $399,000 26.7% 19.1%

MOUNTAIN CREEK * 0 N/A N/A $239,500 6.4% N/A

NOOSAVILLE ~ * f 5 $310,000 -7.5% $315,000 5.9% N/A

PALMWOODS G 1 N/A N/A $199,000 N/A 15.4%

PELICAN WATERS * f 8 $510,000 50.0% $340,000 10.0% 3.0%

PEREGIAN SPRINGS + * 6 $247,500 -10.0% $262,400 -6.3% N/A

SIPPY DOWNS * 1 N/A N/A $227,250 11.9% 48.0%

WOOMBYE ~ * 9 $230,000 -13.2% $230,000 12.2% 39.4%

3 BEDROOM HOUSES

Suburbs/Localities



NewBonds

Rent ($)Po

stco

de

MEDIAN WEEKLY RENTS

SUNSHINE COAST REGIONAL COUNCIL AREA $360 1,031 $350 1,067

Caloundra (coastal region) $360 282 $350 290

4551 Currimundi/ Golden Beach/ Moffat Beach/ etc. $350 186 $350 160

4575 Bokarina/ Minyama/ Parrearra/ Wurtulla/ etc. $380 96 $360 130

Caloundra (inland region) $320 83 $320 111

4518 Glass House Mountains $320 12 $340 15

4519 Beerwah/ Coochin Creek/ Peachester/ etc. $320 24 $325 29

4550 Landsborough/ Mt Mellum $320 9 $320 20

4552 Conondale/ Maleny/ Reesville/ Witta/ etc. $320 28 $320 31

4553 Glenview/ Mooloolah Valley/ Palmview/ etc. $350 10 $345 16

Maroochy (coastal region) $360 466 $350 460

4555 Chevallum/ Hunchy/ Palmwoods $350 10 $345 18

4556 Buderim/ Forest Glen/ Sippy Downs/ Tanawha/ etc. $380 85 $370 93

4557 Mooloolaba/ Mountain Creek $380 54 $370 52

4558 Kuluin/ Maroochydore $360 41 $350 49

4559 Diddillibah/ Kiels Mountain/ Woombye/ etc. $350 13 $340 13

4560 Bli Bli/ Burnside/ Montville/ Nambour/ etc. $330 103 $320 102

4564 Marcoola/ Mudjimba/ Pacific Paradise/ etc. $375 49 $350 42

4572 Alexandra Headland $420 10 $360 8

4573 Coolum Beach/ Peregian Springs/ Yaroomba/ etc. $370 101 $350 83

Maroochy (inland region) $350 27 $350 34

4554 Eudlo/ Ilkley $350 5 $330 5

4561 Ninderry/ North Arm/ Yandina/ Yandina Creek/ etc. $350 11 $350 15

4562 Belli Park/ Doonan/ Eerwah Vale/ Eumundi/ etc. $370 8 $370 13

Noosa (coastal region) $390 117 $380 136

4565 Boreen Point/Cootharaba/ Tewantin/ etc. $370 47 $350 56

4566 Noosaville $380 21 $375 20

4567 Noosa Heads/ Sunrise Bch/ Sunshine Bch/ etc. $415 49 $400 60

Noosa (inland region) $320 56 $330 36

4563 Black Mountain/ Cooroy/ Lake Macdonald/ etc. $340 31 $370 13

4568 Federal/ Pinbarren/ Pomona $300 17 $330 15

4569 Cooran $295 7 $285 7

SUNSHINE COAST REGIONAL COUNCIL AREA $300 957 $290 1,032



4575 Bokarina/ Minyama/ Parrearra/ Wurtulla/ etc. $350 39 $330 51






4559 Diddillibah/ Kiels Mountain/ Woombye/ etc. $270 7 $260 13



4572 Alexandra Headland $340 83 $315 73


Maroochy (inland region) n.a. 2 $240 8


4565 Boreen Point/Cootharaba/ Tewantin/ etc. $255 8 $260 8

4566 Noosaville $315 52 $300 51


Noosa (inland region) n.a. 4 $250 7

SUNSHINE COAST REGIONAL COUNCIL AREA $370 194 $345 162



4575 Bokarina/ Minyama/ Parrearra/ Wurtulla/ etc. $340 7 n.a. 3


4519 Beerwah/ Coochin Creek/ Peachester/ etc. $300 7 n.a. 3

4550 Landsborough/ Mt Mellum $290 6 n.a. 1








Maroochy (inland region) n.a. 0 n.a. 0


4566 Noosaville $400 13 $400 11


Noosa (inland region) n.a. 1 n.a. 2



FRASER COAST REGIOnAl

Median house and unit prices The Fraser Coast experienced a 0.8 per cent drop in its median house price over the September quarter to $297,500 however it still recorded 5 per cent growth over the year.

Agents are reporting that the market generally is remaining steady and that they have not seen much of a change in activity. Buyers are remaining cautious and wary of current economic climate as well as interest rates. A proposed open-cut coal mining project is sparking a bit of anticipation among hopeful residents of the region.

Agents are continuing to report that first home buyers are few and far between; however, there are still investors interested in the area, as well as buyers from interstate seeking a lifestyle change.

Point Vernon’s median house price increased 6.2 per cent to $332,000 while demand for property in Torquay was strong with an extra 13 preliminary house sales compared to the previous quarter.

Kawungan and Urangan also performed well for the quarter with a 4.8 per cent and 1.3 per cent increase to the median house price to $330,000 and $324.500, respectively. Kawangan is a newer suburb of the region, while Urangan has built up popularity over the last couple of years.

The unit and townhouse market on the Fraser Coast also experienced a decrease to its median price with a 4.2 per cent decrease to $272,000, partly attributed to fewer sales in new developments in Urangan.

Agents in the area are reporting that a number of unit developments – like Peppers Resort for example - are still selling. However, there is still a substantial amount of stock on the market.

Pialba and Urangan were strong performers for the year with both posting positive increases, up 7.4 per cent and 5 per cent, respectively.

Median land prices The median price of vacant land on the Fraser Coast increased marginally by 0.3 per cent over the September quarter to $155,000, with preliminary sales numbers holding relatively stable.

The median price in Toogoom increased 6.9 per cent over the quarter to $155,000 and was also the top performing suburb for land growth over the year jumping 14.9 per cent. Both figures were impacted by the higher than usual number of waterfront and new land sold during that time.

Median rents Following periods of high stock levels, vacancy rates on the Fraser Coast have begun to return to levels seen two years ago. Although still relatively high at 5.4 per cent, this is a marked improvement on the 6.3 per cent recorded in March this year.

The median rent for a two-bedroom unit dropped $5 to $205 per week between September 2010 and September last year. Conversely, the median rent for a three-bedroom house increased by $5 to $250 per week compared over the same period.

Hervey Bay residential rentals are attracting a low number of applicants; however the majority are taking only one to two weeks to re-let. In Maryborough, agents are reporting slower tenant enquiry, however investor activity has remained unchanged.127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


127

141

137

863

881

780

1259

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1177

120

141

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MAR 10

JUN 10

SEP 10


839

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454

424

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13

14

16

MAR 10

JUN 10

SEP 10


<$350,000 <$500,000 <$1m $1m+


193

182

156

80

48

51

10

15

9

MAR 10

JUN 10

SEP 10


62

70

77

183

150

148

46

51

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MAR 10

JUN 10

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164

128

162

72

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MAR 10

JUN 10

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274

272

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101

88

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13

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MAR 10

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127

141

137

863

881

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1259

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120

141

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MAR 10

JUN 10

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839

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454

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13

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MAR 10

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<$350,000 <$500,000 <$1m $1m+


16

20

24

434

417

433

422

364

332

58

54

49

MAR 10

JUN 10

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166

144

181

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41

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MAR 10

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193

182

156

80

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MAR 10

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171

159

178

207

198

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51

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MAR 10

JUN 10

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62

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183

150

148

46

51

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MAR 10

JUN 10

SEP 10


164

128

162

72

62

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MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

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MAR 10

JUN 10

SEP 10


127

141

137

863

881

780

1259

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1177

120

141

124

MAR 10

JUN 10

SEP 10


839

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454

424

328

13

14

16

MAR 10

JUN 10

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<$350,000 <$500,000 <$1m $1m+


16

20

24

434

417

433

422

364

332

58

54

49

MAR 10

JUN 10

SEP 10


50

46

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396

348

322

290

226

189

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MAR 10

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166

144

181

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120

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159

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51

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MAR 10

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62

70

77

183

150

148

46

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MAR 10

JUN 10

SEP 10


164

128

162

72

62

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MAR 10

JUN 10

SEP 10


274

272

266

101

88

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MAR 10

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50

44

41

255

254

265

645

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242

282

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MAR 10

JUN 10

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10

16

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MAR 10

JUN 10

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43

47

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MAR 10

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50

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104

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224

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101

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MAR 10

JUN 10

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13

32

20

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10

4

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8

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MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

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MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

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4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

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10

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MAR 10

JUN 10

SEP 10


50

44

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255

254

265

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684

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MAR 10

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104

102

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101

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MAR 10

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MAR 10

JUN 10

SEP 10


16

28

20

19

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MAR 10

JUN 10

SEP 10


13

32

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MAR 10

JUN 10

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26

23

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59

38

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30

19

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12

11

MAR 10

JUN 10

SEP 10


14

14

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9

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MAR 10

JUN 10

SEP 10


10

16

23

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MAR 10

JUN 10

SEP 10


43

47

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MAR 10

JUN 10

SEP 10


50

44

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MAR 10

JUN 10

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104

102

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MAR 10

JUN 10

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MAR 10

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MAR 10

JUN 10

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MAR 10

JUN 10

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124

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MAR 10

JUN 10

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13

32

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MAR 10

JUN 10

SEP 10


10

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17

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MAR 10

JUN 10

SEP 10


26

23

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MAR 10

JUN 10

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14

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MAR 10

JUN 10

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10

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MAR 10

JUN 10

SEP 10


43

47

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21

22

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MAR 10

JUN 10

SEP 10


26

54

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MAR 10

JUN 10

SEP 10


57

67

70

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MAR 10

JUN 10

SEP 10


67

54

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JUN 10

SEP 10


26

54

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JUN 10

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418

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MAR 10

JUN 10

SEP 10




61

57

53

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3

3

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1

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MAR 10

JUN 10

SEP 10



80

81

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5

2

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JUN 10

SEP 10


57

67

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26

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JUN 10

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MAR 10

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MAR 10

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SEP 10



61

57

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JUN 10

SEP 10



62

58

55

11

12

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MAR 10

JUN 10

SEP 10


80

81

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5

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13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

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106

96

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27

12

8

3

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MAR 10

JUN 10

SEP 10



67

83

52

38

41

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8

1

14

14

6

MAR 10

JUN 10

SEP 10


66

52

39

61

47

18

13

15

18

15

11

9

MAR 10

JUN 10

SEP 10


52

44

44

4

4

0

1

0

2

MAR 10

JUN 10

SEP 10


58

56

53

10

8

6

5

3

8

MAR 10

JUN 10

SEP 10


61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10


32

81

57

6

1

4

2

3

2

MAR 10

JUN 10

SEP 10


62

58

55

11

12

4

3

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MAR 10

JUN 10

SEP 10


80

81

68

5

2

13

0

4

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MAR 10

JUN 10

SEP 10


57

67

70

3

4

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2

0

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MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10




MARKETMONITORQ

UE

EN

SLA

ND

FRASER COAST REGIOnAl

BUnDABERG REGIOnAl


127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


127

141

137

863

881

780

1259

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141

124

MAR 10

JUN 10

SEP 10


839

775

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1111

1009

454

424

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13

14

16

MAR 10

JUN 10

SEP 10


<$350,000 <$500,000 <$1m $1m+


193

182

156

80

48

51

10

15

9

MAR 10

JUN 10

SEP 10


62

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183

150

148

46

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MAR 10

JUN 10

SEP 10


164

128

162

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MAR 10

JUN 10

SEP 10


274

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MAR 10

JUN 10

SEP 10


127

141

137

863

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124

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JUN 10

SEP 10


839

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454

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13

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MAR 10

JUN 10

SEP 10


<$350,000 <$500,000 <$1m $1m+


16

20

24

434

417

433

422

364

332

58

54

49

MAR 10

JUN 10

SEP 10


166

144

181

60

41

42

12

9

8

MAR 10

JUN 10

SEP 10


193

182

156

80

48

51

10

15

9

MAR 10

JUN 10

SEP 10


171

159

178

207

198

214

51

55

57

MAR 10

JUN 10

SEP 10


62

70

77

183

150

148

46

51

54

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

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13

16

MAR 10

JUN 10

SEP 10


127

141

137

863

881

780

1259

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141

124

MAR 10

JUN 10

SEP 10


839

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454

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13

14

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MAR 10

JUN 10

SEP 10


<$350,000 <$500,000 <$1m $1m+


16

20

24

434

417

433

422

364

332

58

54

49

MAR 10

JUN 10

SEP 10


50

46

68

396

348

322

290

226

189

41

40

26

MAR 10

JUN 10

SEP 10


166

144

181

60

41

42

12

9

8

MAR 10

JUN 10

SEP 10


120

139

166

158

118

165

40

43

55

MAR 10

JUN 10

SEP 10


193

182

156

80

48

51

10

15

9

MAR 10

JUN 10

SEP 10


52

64

44

77

109

90

19

25

27

MAR 10

JUN 10

SEP 10


171

159

178

207

198

214

51

55

57

MAR 10

JUN 10

SEP 10


62

70

77

183

150

148

46

51

54

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


HOUSES


MEDIAN SALES DATA

FRASER COAST (LGA) 216 $297,500 -0.8% $310,000 5.0% 24.0%

FRASER COAST (LGA) ^ 44 $364,250 -13.5% $392,500 6.1% 30.8%

ELI WATERS 15 $320,000 -1.5% $333,898 1.6% 25.1%

GLENWOOD ^ 6 $207,500 N/A $225,000 3.0% 50.0%

GRANVILLE ~ 6 N/A N/A $222,000 -9.8% 20.0%

KAWUNGAN 14 $330,000 4.8% $331,500 3.0% 5.2%

MARYBOROUGH ~ 53 $212,500 -7.6% $230,000 -1.3% 32.9%

PIALBA ~ f 10 $326,500 20.9% $301,000 10.3% 18.0%

POINT VERNON 16 $332,000 6.2% $325,000 5.2% 22.6%

SCARNESS 8 $265,000 -1.7% $302,500 8.0% 17.5%

TINANA ^ 4 N/A N/A $408,000 2.6% 38.3%

TINANA ~ 10 $346,000 19.7% $310,000 3.3% 24.0%

TOOGOOM 5 N/A N/A $320,000 0.0% 2.9%

TORQUAY ~ 21 $326,000 -2.2% $320,000 -1.5% 12.3%

URANGAN 22 $324,500 1.3% $325,398 5.2% 21.0%

URRAWEEN ~ 9 $350,000 4.2% $339,900 -3.2% 16.4%

FRASER COAST (LGA) - * 39 $272,000 -4.2% $289,240 5.2% 11.2%

PIALBA - * 8 $397,500 N/A $290,000 7.4% 30.3%

SCARNESS ~ f 6 N/A N/A $250,000 -9.1% -12.0%

TORQUAY - f 2 N/A N/A $255,000 -0.8% 10.9%

URANGAN - * 13 $330,000 0.0% $330,000 5.0% 10.4%

UNITS & TOWNHOUSES

VACANT URBAN LAND

FRASER COAST REGIONAL COUNCIL AREA $250 406 $245 400

4650 Maryborough region $240 136 $230 144

4655 Hervey Bay/ Pialba/ Scarness/ Urangan $260 246 $250 245

4659 Burrum/ Burrum Heads/ Howard $250 21 $240 9


4650 Maryborough region $180 65 $165 54





MEDIAN SALES DATA

FRASER COAST (LGA) 56 $155,000 0.3% $155,000 6.9% 24.0%

FRASER COAST (LGA) ^ ~ * 50 $95,000 0.5% $106,000 -11.7% 86.0%

BAUPLE ^ ~ 6 $69,625 N/A N/A N/A N/A

BURRUM HEADS * 7 $149,000 -2.0% $153,500 2.7% 25.8%

GLENWOOD ^ * 23 $82,000 0.0% $81,000 1.3% 97.6%

NIKENBAH * 5 $168,750 N/A N/A N/A N/A

RIVER HEADS 4 N/A N/A $150,000 N/A 20.0%

TOOGOOM * f 5 $155,000 6.9% $152,500 14.9% 7.2%

URRAWEEN * 4 N/A N/A $168,750 5.8% 27.8%

WONDUNNA * 6 $175,000 -1.7% $175,000 2.9% 21.5%


Median house and unit prices The Bundaberg median house price dropped 4.6 per cent to $272,000 over the September quarter although it maintained a positive change over the year ending September 2010 to be up 4 per cent. Bundaberg remains the most affordable major regional centre in Queensland.

Although the market has slowed down compared to last year, the September quarter has shown some signs of recovery, with preliminary sales numbers up.

Agents are reportedly still selling properties, they just need to be listed as close to the buying or actual price as possible for fear of losing potential buyers.

Agents have also reported a distinct drop in first home buyer activity as banks tighten their lending criteria, while investors on the other hand are still active.

Bundaberg South increased its median house price by 2.1 per cent to $265,500, over the September quarter, attracting up-graders and second home buyers.

Bargara, 13 kilometres east of Bundaberg, also notched up a 1 per cent increase to $368,500 and also performed well over the year ending September 2010 with a positive change to its median by 9.2 per cent.

Although Avoca’s median was unchanged for the quarter, its preliminary sales numbers were up as well as recording a 4.6 per cent increase over the year.

3 BEDROOM HOUSES

Suburbs/Localities



NewBonds

Rent ($)Po

stco

deMEDIAN WEEKLY RENTS



BUnDABERG REGIOnAl

50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



99

123

104

415

428

374

407

405

282

278

258

191

91

46

50

MAR 10

JUN 10

SEP 10


16

28

20

19

14

12

5

4

6

1

3

3

MAR 10

JUN 10

SEP 10


13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


26

23

22

59

38

31

30

19

21

14

12

11

MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



99

123

104

415

428

374

407

405

282

278

258

191

91

46

50

MAR 10

JUN 10

SEP 10


44

45

46

163

139

140

145

146

99

100

87

77

23

19

24

MAR 10

JUN 10

SEP 10


16

28

20

19

14

12

5

4

6

1

3

3

MAR 10

JUN 10

SEP 10


124

80

119

64

69

56

31

30

32

14

25

21

MAR 10

JUN 10

SEP 10


13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


10

9

17

11

9

5

12

14

4

3

5

6

MAR 10

JUN 10

SEP 10


26

23

22

59

38

31

30

19

21

14

12

11

MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


3 BEDROOM HOUSES

Suburbs/Localities



NewBonds

Rent ($)Po

stco

de

MEDIAN WEEKLY RENTS

The unit and townhouse market was one of very few regions across the State which posted positive gains to its median, up 3.7 per cent to $250,000 – only $22,000 less than the house median.

Bargara was again a top performing suburb for the quarter with a 24.1 per cent increase to its median to $335,000. This is largely due to the new developments along the Esplanade, with one unit selling for just under $1.5 million boasting ocean views. The top three unit sales for the quarter were all located along the Esplanade.

Median land prices The median price of vacant urban land in Bundaberg remained unchanged at $136,500 over the September quarter. Preliminary land sales numbers have held steady over the quarter and year ending September 2010.

There was an increase in land sales activity over the year in Ashfield and Branyan due to new house and land estates.

Median rents The median rent for a two-bedroom unit remained static at $205 per week between September 2010 and September last year. The median rent for a three-bedroom house increased by $10 to $260 per week over the same period. There were marginally more bonds secured for two-bedroom units and three-bedroom houses this year compared to 12-months ago.

While vacancy rates for the Bundaberg region have returned to 2.1 per cent – as it was this time last year – agents are reporting slower tenant enquiry, with listings spending longer periods on the market.

26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10




61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10



80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10



67

83

52

38

41

25

5

8

1

14

14

6

MAR 10

JUN 10

SEP 10



52

44

44

4

4

0

1

0

2

MAR 10

JUN 10

SEP 10



61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10



62

58

55

11

12

4

3

5

2

MAR 10

JUN 10

SEP 10


80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10



67

83

52

38

41

25

5

8

1

14

14

6

MAR 10

JUN 10

SEP 10


66

52

39

61

47

18

13

15

18

15

11

9

MAR 10

JUN 10

SEP 10


52

44

44

4

4

0

1

0

2

MAR 10

JUN 10

SEP 10


58

56

53

10

8

6

5

3

8

MAR 10

JUN 10

SEP 10


61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10


32

81

57

6

1

4

2

3

2

MAR 10

JUN 10

SEP 10


62

58

55

11

12

4

3

5

2

MAR 10

JUN 10

SEP 10


80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10



MEDIAN SALES DATA

HOUSESBUNDABERG (LGA) ~ 231 $272,000 -4.6% $285,000 4.0% 35.7%

BUNDABERG (LGA) ^ ~ 67 $332,000 10.7% $340,000 8.5% 36.0%

AVENELL HEIGHTS ~ 13 $265,000 -9.6% $276,000 -2.2% 29.0%

AVOCA 17 $305,000 0.0% $320,000 4.6% 29.8%

BARGARA 23 $368,500 1.0% $380,000 9.4% 27.5%

BRANYAN ^ ~ 11 $332,000 -6.7% $340,000 -1.7% 10.4%

BUCCA ^ 5 $320,000 N/A N/A N/A N/A

BUNDABERG EAST 9 $280,000 0.5% $278,500 3.1% 49.7%

BUNDABERG NORTH 19 $245,000 -5.8% $255,000 6.8% 39.7%

BUNDABERG SOUTH 8 $265,500 2.1% $262,000 9.2% 45.6%

BUNDABERG WEST 3 N/A N/A $261,000 1.8% 35.6%

BURNETT HEADS ~ 7 $300,000 21.7% $291,250 5.9% 37.1%

INNES PARK ~ 8 $336,000 -14.5% $358,000 3.8% 25.6%

KALKIE ~ 11 $335,000 10.7% $369,000 11.8% 50.0%

KEPNOCK 15 $275,000 -3.5% $280,000 1.8% 31.8%

MILLBANK ~ 7 $285,000 -16.2% $257,500 5.1% 33.8%

MOORE PARK BEACH ~ 8 $321,750 N/A $295,000 -4.8% N/A

NORVILLE ~ 9 $233,000 8.9% $234,000 -4.0% 31.5%

SVENSSON HEIGHTS ~ 14 $255,000 -8.9% $262,000 4.8% 45.2%

THABEBAN 6 N/A N/A $285,750 7.8% 41.1%

WALKERVALE ~ 16 $221,000 -11.6% $242,400 4.5% 38.5%

BUNDABERG (LGA) * 41 $250,000 3.7% $253,000 -0.8% 17.7%

BARGARA * f 14 $335,000 24.1% $321,000 -2.7% -28.5%

BUNDABERG (LGA) 46 $136,500 0.0% $139,000 3.0% 26.4%

BUNDABERG (LGA) ^ ~ 32 $147,500 18.0% $145,000 3.6% 84.7%

ASHFIELD * 4 N/A N/A $135,000 4.7% N/A

BARGARA * f 4 N/A N/A $160,000 -8.0% 17.6%

BRANYAN * 3 N/A N/A $139,000 N/A N/A

BRANYAN ^ 3 N/A N/A $132,000 N/A 87.2%

CORAL COVE f 4 N/A N/A $161,500 N/A 22.3%

INNES PARK ~ 5 $127,500 N/A $135,000 -1.6% 35.0%

KALKIE * 1 N/A N/A $130,000 6.1% 30.7%

WOODGATE ~ * 5 $145,000 N/A $136,500 1.1% N/A

BUNDABERG REGIONAL COUNCIL AREA $260 381 $250 362

4660 Apple Tree Creek/ Childers/ Woodgate $250 29 $250 25

4670 Bundaberg/ Avoca/ Bargara/ Burnett Heads/ etc. $260 340 $260 321

4671 Gin Gin/ Mount Perry $230 12 $210 15







UNITS & TOWNHOUSES

VACANT URBAN LAND



MARKETMONITORQ

UE

EN

SLA

ND

GlADSTOnE REGIOnAl

127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


839

775

815

1147

1111

1009

454

424

328

13

14

16

MAR 10

JUN 10

SEP 10


<$350,000 <$500,000 <$1m $1m+


193

182

156

80

48

51

10

15

9

MAR 10

JUN 10

SEP 10


62

70

77

183

150

148

46

51

54

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


839

775

815

1147

1111

1009

454

424

328

13

14

16

MAR 10

JUN 10

SEP 10


<$350,000 <$500,000 <$1m $1m+


16

20

24

434

417

433

422

364

332

58

54

49

MAR 10

JUN 10

SEP 10


166

144

181

60

41

42

12

9

8

MAR 10

JUN 10

SEP 10


193

182

156

80

48

51

10

15

9

MAR 10

JUN 10

SEP 10


171

159

178

207

198

214

51

55

57

MAR 10

JUN 10

SEP 10


62

70

77

183

150

148

46

51

54

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


839

775

815

1147

1111

1009

454

424

328

13

14

16

MAR 10

JUN 10

SEP 10


<$350,000 <$500,000 <$1m $1m+


16

20

24

434

417

433

422

364

332

58

54

49

MAR 10

JUN 10

SEP 10


50

46

68

396

348

322

290

226

189

41

40

26

MAR 10

JUN 10

SEP 10


166

144

181

60

41

42

12

9

8

MAR 10

JUN 10

SEP 10


120

139

166

158

118

165

40

43

55

MAR 10

JUN 10

SEP 10


193

182

156

80

48

51

10

15

9

MAR 10

JUN 10

SEP 10


52

64

44

77

109

90

19

25

27

MAR 10

JUN 10

SEP 10


171

159

178

207

198

214

51

55

57

MAR 10

JUN 10

SEP 10


62

70

77

183

150

148

46

51

54

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



99

123

104

415

428

374

407

405

282

278

258

191

91

46

50

MAR 10

JUN 10

SEP 10


16

28

20

19

14

12

5

4

6

1

3

3

MAR 10

JUN 10

SEP 10


13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


26

23

22

59

38

31

30

19

21

14

12

11

MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



99

123

104

415

428

374

407

405

282

278

258

191

91

46

50

MAR 10

JUN 10

SEP 10


44

45

46

163

139

140

145

146

99

100

87

77

23

19

24

MAR 10

JUN 10

SEP 10


16

28

20

19

14

12

5

4

6

1

3

3

MAR 10

JUN 10

SEP 10


124

80

119

64

69

56

31

30

32

14

25

21

MAR 10

JUN 10

SEP 10


13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


10

9

17

11

9

5

12

14

4

3

5

6

MAR 10

JUN 10

SEP 10


26

23

22

59

38

31

30

19

21

14

12

11

MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10




61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10



80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10



67

83

52

38

41

25

5

8

1

14

14

6

MAR 10

JUN 10

SEP 10



52

44

44

4

4

0

1

0

2

MAR 10

JUN 10

SEP 10



61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10



62

58

55

11

12

4

3

5

2

MAR 10

JUN 10

SEP 10


80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10



67

83

52

38

41

25

5

8

1

14

14

6

MAR 10

JUN 10

SEP 10


66

52

39

61

47

18

13

15

18

15

11

9

MAR 10

JUN 10

SEP 10


52

44

44

4

4

0

1

0

2

MAR 10

JUN 10

SEP 10


58

56

53

10

8

6

5

3

8

MAR 10

JUN 10

SEP 10


61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10


32

81

57

6

1

4

2

3

2

MAR 10

JUN 10

SEP 10


62

58

55

11

12

4

3

5

2

MAR 10

JUN 10

SEP 10


80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


Median house and unit prices Gladstone was the top performing region in Queensland over the September quarter, and its position in the midst of the State’s burgeoning Liquid Natural Gas (LNG) industry means it’s a position it will likely hold for some time yet.

The Gladstone median house price increased 5.9 per cent to $392,000 over the quarter.

Over the September quarter specifically, Gladstone’s residential property market was buoyed by the potential of LNG projects earmarked for the region. With three multibillion-dollar LNG projects provisionally approved since that time, demand for property has increased markedly.

The State Government’s conditional approval of the projects will result in about $50 billion-worth of investment in the Queensland. If all three projects go ahead it is expected that there will potentially be 18,000 jobs created.

Investors and prospective mine employees have been waiting for the announcements and have moved quickly to secure property in the region. Buyers are coming from all over Australia, including people who intend to secure work on one of the projects. There are reports of investors buying multiple properties.

While the vast majority of house sales are still occurring under the $450,000 mark, agents are reporting increasing interest in higher-end properties.

The Gladstone median unit and townhouse price decreased 27.1 per cent over the quarter however this figure was impacted by the varying numbers of new stock sold, as well as a reduction in the number of the waterfront units sold compared to the previous quarter.

The median for the year ending September, which is more indicative of price growth, was up 8.6 per cent to $315,000.

As with the housing market, there is currently strong interest in the unit and townhouse market from investors and owner-occupiers alike.

Looking forward, the Gladstone residential property market is expected to record very strong growth over the December quarter, which may also flow through to the March 2011 quarter such is the current level of demand from buyers.

Median land prices The median price of vacant land in Gladstone was steady recording a marginal 0.4 per cent decrease to $179,250 over the quarter.

As with other aspects of the property market in the region it is expected that demand for land will increase dramatically over coming months in preparation for the expected influx of residents into the region for employment in the LNG sector.

While demand is expected to increase, agents are reporting that is unlikely that developers will actually be able to develop the land quickly enough to cater for the larger population base.

Median rents The median rent for a three-bedroom house in Gladstone increased $20 to $310 per week between September last year and September this year. The median rent for a two-bedroom unit was steady at $230 over the same period.

Agents are reporting extremely tight market conditions with a vacancy rate of just 1.4 per cent as at the end of September. Since the LNG project announcements in October and November, demand has increased further with some agencies recording zero vacancy rates.

While investor activity is currently robust and will help to add to the rental pool in the months and years ahead, demand is still likely to outstrip supply with upward pressure on rents the outcome.



GlADSTOnE REGIOnAl

ROCKHAMPTOn REGIOnAl

3 BEDROOM HOUSES


HOUSES VACANT URBAN LAND continued

UNITS & TOWNHOUSES




NewBonds

Rent ($)Po

stco

de



127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


839

775

815

1147

1111

1009

454

424

328

13

14

16

MAR 10

JUN 10

SEP 10


<$350,000 <$500,000 <$1m $1m+


193

182

156

80

48

51

10

15

9

MAR 10

JUN 10

SEP 10


62

70

77

183

150

148

46

51

54

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


839

775

815

1147

1111

1009

454

424

328

13

14

16

MAR 10

JUN 10

SEP 10


<$350,000 <$500,000 <$1m $1m+


16

20

24

434

417

433

422

364

332

58

54

49

MAR 10

JUN 10

SEP 10


166

144

181

60

41

42

12

9

8

MAR 10

JUN 10

SEP 10


193

182

156

80

48

51

10

15

9

MAR 10

JUN 10

SEP 10


171

159

178

207

198

214

51

55

57

MAR 10

JUN 10

SEP 10


62

70

77

183

150

148

46

51

54

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


127

141

137

863

881

780

1259

1373

1177

120

141

124

MAR 10

JUN 10

SEP 10


839

775

815

1147

1111

1009

454

424

328

13

14

16

MAR 10

JUN 10

SEP 10


<$350,000 <$500,000 <$1m $1m+


16

20

24

434

417

433

422

364

332

58

54

49

MAR 10

JUN 10

SEP 10


50

46

68

396

348

322

290

226

189

41

40

26

MAR 10

JUN 10

SEP 10


166

144

181

60

41

42

12

9

8

MAR 10

JUN 10

SEP 10


120

139

166

158

118

165

40

43

55

MAR 10

JUN 10

SEP 10


193

182

156

80

48

51

10

15

9

MAR 10

JUN 10

SEP 10


52

64

44

77

109

90

19

25

27

MAR 10

JUN 10

SEP 10


171

159

178

207

198

214

51

55

57

MAR 10

JUN 10

SEP 10


62

70

77

183

150

148

46

51

54

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


GLADSTONE (LGA) 161 $392,000 5.9% $380,000 4.1% 66.8%

GLADSTONE (LGA) ^ 30 $520,000 5.1% $460,000 4.5% 64.3%

AGNES WATER ^ f 2 N/A N/A $455,000 N/A 82.0%

BOYNE ISLAND 15 $423,000 1.9% $416,000 6.3% 63.1%

CALLIOPE ~ * 9 $400,000 11.7% $368,500 -3.0% 90.7%

CLINTON 27 $405,000 9.8% $385,000 3.5% 59.6%

GLEN EDEN ~ * 11 $477,835 13.5% $443,750 -1.4% 101.0%

KIN KORA 16 $387,500 4.7% $370,000 2.8% 77.9%

NEW AUCKLAND ~ 8 $397,500 13.6% $372,000 -3.4% 67.2%

SOUTH GLADSTONE 7 $355,000 -1.4% $345,000 5.5% 68.3%

TANNUM SANDS ~ 16 $474,000 9.0% $480,000 10.0% 54.8%

TELINA * 10 $445,000 -1.1% $445,000 17.1% 74.5%

WEST GLADSTONE ~ * 18 $338,500 -10.3% $344,250 7.6% 81.2%

GLADSTONE (LGA) ² - * f 30 $246,000 -27.1% $315,000 8.6% 89.2%

GLADSTONE CITY * f 5 N/A N/A $360,000 N/A N/A

SOUTH GLADSTONE * 2 N/A N/A $250,000 -3.8% 122.2%

WEST GLADSTONE 12 $222,500 N/A N/A N/A N/A

GLADSTONE (LGA) 62 $179,250 -0.4% $180,000 4.7% 83.7%

GLADSTONE (LGA) ^ ~ * 23 $195,000 5.4% $190,000 -5.0% 65.2%

AGNES WATER f 5 $130,000 N/A $190,000 -2.8% 26.7%

BOYNE ISLAND * f 1 N/A N/A $200,000 N/A 94.2%

CALLIOPE * 14 $159,000 2.6% $155,000 14.8% 138.5%

CALLIOPE ^ * 1 N/A N/A $183,500 N/A N/A

GLEN EDEN * 15 $195,000 5.4% $184,000 N/A 56.9%

KIRKWOOD * 10 $187,500 1.7% $179,950 0.3% N/A

MIRIAM VALE ~ * 5 $50,000 N/A N/A N/A N/A

SOUTH GLADSTONE * 3 N/A N/A $202,500 N/A 138.2%

GLADSTONE REGIONAL COUNCIL AREA $310 270 $290 239

4677 Agnes Water/ Miriam Vale $260 15 $270 21

4680 Gladstone/ Boyne Island/ Clinton/ Kin Kora/ etc. $310 252 $300 206





VACANT URBAN LAND3 BEDROOM TOWNHOUSES

Median house and unit prices The Rockhampton residential property market remained relatively flat over the September quarter posting a median house price decrease of 1.6 per cent to $315,000 over the period.

Buyer activity was subdued with no one segment of buyers more prevalent than the other. Some first home buyers are active in the market given there is less competition and therefore sellers are lowering their price expectations. Non-first home buyers are also using the opportunity of a quieter marketplace to upgrade. Investors have been notably absent from the market over recent times.

While the Rockhampton market had been experiencing quieter conditions over the past two quarters, agents are reporting that the announcement of two major projects means better times are just ahead.

The development of LNG in neighbouring Gladstone is likely to provide a boon for the entire region with reports that thousands of workers will be required during the construction phases of three major LNG projects that have recently been provisionally approved.

50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



99

123

104

415

428

374

407

405

282

278

258

191

91

46

50

MAR 10

JUN 10

SEP 10


16

28

20

19

14

12

5

4

6

1

3

3

MAR 10

JUN 10

SEP 10


13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


26

23

22

59

38

31

30

19

21

14

12

11

MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



99

123

104

415

428

374

407

405

282

278

258

191

91

46

50

MAR 10

JUN 10

SEP 10


44

45

46

163

139

140

145

146

99

100

87

77

23

19

24

MAR 10

JUN 10

SEP 10


16

28

20

19

14

12

5

4

6

1

3

3

MAR 10

JUN 10

SEP 10


124

80

119

64

69

56

31

30

32

14

25

21

MAR 10

JUN 10

SEP 10


13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


10

9

17

11

9

5

12

14

4

3

5

6

MAR 10

JUN 10

SEP 10


26

23

22

59

38

31

30

19

21

14

12

11

MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10




MARKETMONITORQ

UE

EN

SLA

ND


HOUSES


MEDIAN SALES DATA

26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10




61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10



80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10



67

83

52

38

41

25

5

8

1

14

14

6

MAR 10

JUN 10

SEP 10



52

44

44

4

4

0

1

0

2

MAR 10

JUN 10

SEP 10



61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10



62

58

55

11

12

4

3

5

2

MAR 10

JUN 10

SEP 10


80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10



67

83

52

38

41

25

5

8

1

14

14

6

MAR 10

JUN 10

SEP 10


66

52

39

61

47

18

13

15

18

15

11

9

MAR 10

JUN 10

SEP 10


52

44

44

4

4

0

1

0

2

MAR 10

JUN 10

SEP 10


58

56

53

10

8

6

5

3

8

MAR 10

JUN 10

SEP 10


61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10


32

81

57

6

1

4

2

3

2

MAR 10

JUN 10

SEP 10


62

58

55

11

12

4

3

5

2

MAR 10

JUN 10

SEP 10


80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


UNITS & TOWNHOUSES

VACANT URBAN LAND

Agents are reporting that this demand for staff, as well as increased investment in the region broadly, will prove a positive for Rockhampton over the long-term.

Stockland also recently purchased land in Parkhurst which is earmarked for a residential development of potentially 1,900 blocks. These projects will likely result in increased investment activity in the region over 2011.

The median sale price for Rockhampton units and townhouses decreased 1.5 per cent to $272,500 over the quarter. This segment of the Rockhampton market continues to be impacted by an oversupply of existing stock.

Median land prices The median land price increased 2.2 per cent to $142,000 over the quarter and was up 8.1 per cent over the year.

While the Regional First Home Owners Grant of $4,000 has made little impact on this segment of the market, the affordability of Rockhampton land – the third most affordable major region for land in Queensland – bodes well for this segment of the market.

Indeed, with a median land price nearly $40,000 less than Gladstone’s, demand for land in Rockhampton is likely to increase as workers arrive to take up employment at one of the region’s multibillion-dollar LNG projects.

Median rents The median weekly rent for a three-bedroom house in Rockhampton increased $15 to $295 between September 2009 and September this year. The median rent for a two-bedroom unit was up $5 to $225 per week over the same period.

Despite mixed feelings amongst agents regarding the economic climate in the Rockhampton region, vacancy rates have returned to their usual levels, coming in at 2.3 per cent as at the end of September. Enquiry levels are consistent and many agents are reporting rental listings taking less than a week on the market to lease.

With subdued buyer activity, demand for rentals is continuing to be robust and this solid demand will likely entice investors to purchase investment property to add to the rental pool.

ROCKHAMPTON (LGA) 246 $315,000 -1.6% $320,000 6.7% 79.3%

ROCKHAMPTON (LGA) ^ ~ 45 $395,000 -8.1% $420,000 -3.4% 62.8%

ALLENSTOWN ~ 11 $240,000 -20.0% $278,750 19.6% 86.5%

BERSERKER ~ 19 $270,000 17.4% $241,000 0.4% 78.5%

COOEE BAY 9 $297,500 N/A $371,000 N/A 41.3%

EMU PARK 4 N/A N/A $348,750 11.6% 45.9%

FRENCHVILLE 18 $348,750 7.3% $336,500 5.2% 62.2%

GLENLEE ^ 6 $455,000 N/A N/A N/A N/A

GRACEMERE ~ * 26 $321,900 -5.3% $328,000 2.5% 77.3%

KAWANA 10 $320,000 3.2% $310,000 5.4% 67.6%

KOONGAL 7 $312,000 N/A $275,000 4.8% 82.1%

LAMMERMOOR + * f 6 N/A N/A $437,500 -4.9% 41.1%

MOUNT MORGAN ~ 7 $145,000 N/A $149,000 -0.7% 112.9%

NORMAN GARDENS 25 $426,000 6.0% $415,000 12.2% 62.4%

PARK AVENUE 15 $292,000 N/A $274,000 11.8% 77.1%

ROCKHAMPTON CITY 6 N/A N/A $205,000 1.2% 78.3%

TARANGANBA 3 N/A N/A $388,750 3.7% 49.5%

THE RANGE ~ 9 $295,000 -28.0% $397,500 20.6% 89.3%

WANDAL ~ 18 $280,000 4.9% $279,000 -0.4% 64.1%

WEST ROCKHAMPTON 5 N/A N/A $255,000 3.4% 72.9%

YEPPOON 18 $373,250 0.9% $360,000 2.9% 31.4%

ROCKHAMPTON (LGA) - * 42 $272,500 -1.5% $280,000 1.8% 67.7%

BERSERKER * 11 $155,000 N/A $232,500 N/A N/A

ROSSLYN 0 N/A N/A $235,000 N/A N/A

YEPPOON - * 10 $368,250 5.2% $380,000 28.8% 78.7%

ROCKHAMPTON (LGA) * 73 $142,000 2.2% $146,000 8.1% 44.3%

ROCKHAMPTON (LGA) ^ ~ * 22 $220,000 14.6% $220,000 10.0% 144.4%

GRACEMERE * 25 $133,000 -0.2% $126,500 15.0% 104.0%

LAMMERMOOR + * 2 N/A N/A $155,000 N/A N/A

MULAMBIN + * f 3 N/A N/A $160,750 7.2% 7.2%

NORMAN GARDENS * 12 $174,000 N/A $174,500 5.4% 67.1%

ROCKYVIEW ^ * 4 N/A N/A $220,000 N/A 144.4%

YEPPOON * G 6 $159,000 5.6% $151,500 -11.9% 44.3%

ZILZIE ~ * f 13 $150,000 -20.0% $170,000 6.3% 25.9%




MACKAY REGIOnAl


127

141

137

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775

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<$350,000 <$500,000 <$1m $1m+


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<$350,000 <$500,000 <$1m $1m+


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434

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332

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16

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434

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422

364

332

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49

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50

46

68

396

348

322

290

226

189

41

40

26

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166

144

181

60

41

42

12

9

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MAR 10

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120

139

166

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118

165

40

43

55

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193

182

156

80

48

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52

64

44

77

109

90

19

25

27

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10

16

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43

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43

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104

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13

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Suburbs/Localities



NewBonds

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MEDIAN WEEKLY RENTS

Median house and unit prices The Mackay residential property market was impacted by the discrepancy between buyer and seller expectations over the September quarter.

The median house price in Mackay decreased 0.6 per cent to $392,500 over the period with preliminary sales numbers holding steady.

Buyers have recognised they have the upper hand and are moving very slowly with any buying decisions. Many are submitting offers well below what a seller will accept.

Given this low buyer demand, sellers are becoming more realistic with their price expectation; however, there often remains a gulf between what buyers are willing to pay and what sellers will accept. This discrepancy means much stock is left to stagnate on the market.

Activity amongst second or third home buyers is the strongest with many opting to buy and sell in the same market to upgrade.

While the recent announcements on mining projects in the Central Queensland region are generally seen as a positive, the increased use of fly-in/fly-out workers means the impact of these additional workers on the Mackay economy is not likely to be as robust as in the past.

This decline in the impact of the mining industry on Mackay, coupled with poor results in sugar cane over recent years, means that the region is on the lookout for new industries to bolster its economy.

The median unit and townhouse price in Mackay decreased 6.7 per cent over the quarter to $308,000. This result follows an increase of 10.4 per cent over the June quarter due to the higher than usual number of waterfront and new units sold during that time.

Agents are reporting an increasing number of first home buyers looking at the unit and townhouse market, including siblings and friends buying together, due to the lower priced stock available for this housing type.

3 BEDROOM HOUSES

Suburbs/Localities



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MEDIAN WEEKLY RENTS

ROCKHAMPTON REGIONAL COUNCIL AREA $295 482 $280 451

4700 Allenstown/ Depot Hill/ Rockhampton City/ etc. $280 112 $270 101

4701 Berserker/ Park Avenue/ Norman Gardens/ etc. $295 203 $280 178

4702 Coowonga/ Keppel Sands/ The Caves/ etc. $300 62 $265 39

4703 Cooee Bay/ Rosslyn/ Taranganba/ Yeppoon/ etc. $300 71 $295 91

4710 Emu Park/ Zilzie $295 18 $295 22

4714 Mount Morgan $180 15 $160 19



4700 Allenstown/ Depot Hill/ Rockhampton City/ etc. $240 75 $220 65

4701 Berserker/ Park Avenue/ Norman Gardens/ etc. $220 137 $210 113

4702 Coowonga/ Keppel Sands/ The Caves/ etc. $150 9 $165 7

4703 Cooee Bay/ Rosslyn/ Taranganba/ Yeppoon/ etc. $270 69 $260 58


4703 Cooee Bay/ Rosslyn/ Taranganba/ Yeppoon/ etc. $295 5 n.a. 2

26

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38

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34

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57

67

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26

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57

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26

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67

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52

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62

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57

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66

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52

44

44

4

4

0

1

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58

56

53

10

8

6

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3

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61

57

53

7

3

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32

81

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1

4

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62

58

55

11

12

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80

81

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57

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67

54

56

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MARKETMONITORQ

UE

EN

SLA

ND

MACKAY REGIOnAl

3 BEDROOM HOUSES




NewBonds

Rent ($)Po

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UNITS & TOWNHOUSES

HOUSES VACANT URBAN LAND continued





MACKAY (LGA) 279 $392,500 -0.6% $400,000 3.9% 40.4%

MACKAY (LGA) ^ ~ 42 $450,000 -9.8% $499,000 6.2% 53.5%

ANDERGROVE 30 $380,000 -1.9% $395,000 3.9% 36.2%

BEACONSFIELD 15 $415,000 N/A $410,000 5.1% 36.7%

BLACKS BEACH ~ f 6 N/A N/A $455,000 -3.7% 32.5%

BUCASIA ~ 19 $394,000 -12.4% $430,000 9.8% 44.5%

EAST MACKAY 16 $403,750 -3.9% $397,500 8.0% 37.1%

EIMEO ~ 6 N/A N/A $434,250 -0.2% 33.6%

GLENELLA 18 $512,500 -2.4% $525,000 7.7% 35.0%

HAY POINT ^ ~ 6 $385,000 N/A N/A N/A N/A

MACKAY 9 $362,000 -4.0% $370,500 1.5% 30.0%

MARIAN ~ * 5 N/A N/A $430,500 10.4% 86.4%

MOUNT PLEASANT ~ 9 $390,000 -21.0% $442,750 6.7% 30.2%

NORTH MACKAY 16 $330,000 -4.3% $338,000 1.7% 39.3%

OORALEA ~ 8 $495,000 12.8% $461,000 -1.6% 45.2%

RURAL VIEW 14 $475,750 3.2% $475,000 9.2% 39.7%

SARINA ~ * 9 $330,000 18.7% $304,000 -2.7% 78.8%

SLADE POINT ~ 7 $333,000 -12.9% $371,000 4.4% 42.7%

SOUTH MACKAY 23 $369,000 2.1% $365,000 5.5% 40.4%

WALKERSTON ~ 8 $425,000 -12.2% $452,500 13.3% 43.7%

WEST MACKAY 22 $377,500 -1.9% $375,000 4.2% 38.9%

MACKAY (LGA) * f ~ 57 $308,000 -6.7% $315,000 8.6% 61.5%

MACKAY * f 18 $266,250 -31.6% $290,000 5.5% 56.3%

NORTH MACKAY ~ * 4 N/A N/A $275,000 -5.2% 58.5%

SOUTH MACKAY ~ 9 $308,000 N/A $307,000 21.6% 67.8%

MACKAY (LGA) ~ * 84 $195,000 8.0% $183,000 7.6% 43.9%

MACKAY (LGA) ^ ~ 25 $258,000 2.2% $265,000 -0.9% 65.6%

BLACKS BEACH ~ * 10 $225,000 16.6% $189,000 0.0% 26.0%

BUCASIA * 6 $171,750 3.5% $165,000 0.0% 27.9%

GLENELLA * 3 N/A N/A $240,950 9.6% 57.5%

MARIAN ~ * 6 $142,500 -5.0% $149,000 2.8% 74.3%

MIRANI * 7 $120,000 N/A $119,000 3.5% N/A

NORTH MACKAY * 3 N/A N/A $176,000 N/A N/A

OORALEA * 12 $200,000 7.8% $194,500 6.3% N/A

RURAL VIEW * 5 $205,000 6.5% $189,000 3.3% 45.4%

SARINA * 4 N/A N/A $170,000 0.0% 146.4%

WALKERSTON ~ * 5 $207,500 6.4% $195,000 25.8% 65.3%

Median land prices The median price of vacant land increased 8 per cent to $195,000 over the quarter partly due to new residential developments in Ooralea and Blacks Beach.

The Regional First Home Owners Boost has yet to gain much traction in the region. The cost of developing homes in Mackay is relatively high given they must comply with strict cyclone ratings and therefore they are not considered an affordable option for most first home buyers.

Median rents The median rent for a three-bedroom home increased $20 to $380 per week between September last year and September this year. The median rent for a two-bedroom unit meanwhile has remained unchanged at $280 per week.

Given the current affordability constraints in Mackay, a number of would-be homeowners are continuing to rent until they are in a position to buy.

This is part of the reason why Mackay is experiencing a tighter rental market with vacancy rates reaching levels not experienced for more than two years.

At 1.3 per cent, Mackay’s rental market is the tightest for regional Queensland north of the Sunshine Coast. With high enquiry levels and a reported undersupply of stock, vacant properties are reportedly taking a minimal time to re-let.

VACANT URBAN LAND

MACKAY REGIONAL COUNCIL AREA $380 373 $360 348

4737 Sarina/ Sarina Beach/ Armstrong Beach $360 42 $350 27

4740 Andergrove/ Beaconsfield/ Mackay/ Ooralea/ etc. $380 270 $365 276

4741 Ball Bay/ Eton/ Farleigh/ Pleystowe/ Seaforth/ etc. $335 13 $320 6

4750 Bucasia/ Shoal Point $390 24 $380 14

4751 Greenmount/ Palmyra/ Victoria Plains/ Walkerston $340 6 $350 12


4737 Sarina/ Sarina Beach/ Armstrong Beach $230 19 $210 23


4750 Bucasia/ Shoal Point $265 10 $290 8

4751 Greenmount/ Palmyra/ Victoria Plains/ Walkerston $285 5 n.a. 2





TOWnSVIllE REGIOnAl127

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SEP 10


<$350,000 <$500,000 <$1m $1m+


193

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MAR 10

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62

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183

150

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MAR 10

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164

128

162

72

62

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29

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MAR 10

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274

272

266

101

88

97

33

13

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MAR 10

JUN 10

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127

141

137

863

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1259

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120

141

124

MAR 10

JUN 10

SEP 10


839

775

815

1147

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454

424

328

13

14

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MAR 10

JUN 10

SEP 10


<$350,000 <$500,000 <$1m $1m+


16

20

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434

417

433

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364

332

58

54

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MAR 10

JUN 10

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166

144

181

60

41

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193

182

156

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171

159

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207

198

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62

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183

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164

128

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274

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101

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127

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MAR 10

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417

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54

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50

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43

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10

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43

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54

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57

67

70

3

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MAR 10

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67

54

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26

54

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418

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61

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57

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67

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61

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62

58

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80

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57

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418

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MAR 10

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67

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MAR 10

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66

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52

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58

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61

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32

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62

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80

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57

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67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


Median house and unit prices The median house price in Townsville dropped 3.9 per cent to $365,000 over the quarter; however this is on the back of an annual increase of 5 per cent for the year ending September 2010. Despite a slight easing in the quarterly house median, preliminary house sales numbers are up about 10 per cent.

REIQ accredited agents in the area are reporting that potential buyers are inspecting properties, although not many are committing to the purchase. Agents are also noticing that houses that are priced to sell, are moving reasonably quickly.

Mount Louisa performed well for the quarter with a 6.7 per cent increase to its median price to $429,500. Preliminary sales numbers were also up over the quarter.

Condon’s median price growth, largely driven by newer home sales, experienced a 5.8 per cent increase to $336,000 for the quarter and 4.4 per cent for the year ending September 2010.

Investors are said to be taking the ‘sit back and wait’ approach in the hope prices will drop. Conversely, agents in the area are noticing a slight return of interest from first home buyers re-entering the market having saved up a healthy deposit after the mid 2009 ‘Boost-rush’.

The unit and townhouse market suffered a less severe blow than the housing market having only a 0.3 per cent drop to its median price. The median unit price now is $311,000 for the September quarter, while still upholding a healthy increase, year to date, up 4.2 per cent.

The only suburbs to have experienced positive growth for the September quarter were Hermit Park (4.5 per cent to $256,000) and West End (0.9 per cent to $282,500).

Agents in the area are reporting an oversupply of unit and townhouses with buyers snapping up healthy deals and paying a lot lower than the market level.

Median land prices The median price of vacant urban land in Townsville decreased 7 per cent to $174,000 over the September quarter. This is largely attributed to fewer waterfront allotments sold at Bushland Beach and fewer sales in subdivisions at Rasmussen – both suburbs experiencing a correction in the median sale price, following large increases during the June quarter.

Preliminary sales numbers were also down marginally over the same period for the Townsville region.

Kelso was the only suburb to have experienced any sign of positive growth with a 5.2 per cent increase to its median to $149,900 for the quarter and 1.2 per cent for the 12 months ending September this year. The highest increase in preliminary sales over the year to September was recorded in Mount Low where more allotments in new land estates have been released.

Median rents The median rent for a two-bedroom unit dropped $5 to $275 per week between September 2010 and September last year. Conversely, the median rent for a three-bedroom house increased by $10 to $330 per week over the same period.

Residential vacancy rates have eased to 3.4 per cent, with lower tenant enquiry levels, and re-letting periods taking up to four weeks according to local real estate agents. The easing in vacancy rate can also be attributed to an increase in supply, thanks to new unit complexes coming onto the market.



MARKETMONITORQ

UE

EN

SLA

ND

TOWnSVIllE CITY

HOUSES

3 BEDROOM HOUSES





NewBonds

Rent ($)Post

code

VACANT URBAN LAND

UNITS & TOWNHOUSES

Suburb/ Number of Sep change 12 mths to change changeLocality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr” Sep 2010 1yr” 5yrs

MEDIAN SALES DATA MEDIAN SALES DATASuburb/ Number of Sep change 12 mths to change changeLocality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr” Sep 2010 1yr” 5yrs


TOWNSVILLE CITY (LGA) 449 $365,000 -3.9% $378,000 5.0% 51.8%

TOWNSVILLE CITY (LGA) ^ 47 $435,000 -2.7% $436,500 3.9% 52.9%

AITKENVALE 11 $357,000 4.7% $343,750 4.3% 53.5%

ALICE RIVER ^ ~ 6 $517,500 13.7% $490,500 5.5% 63.5%

ALLIGATOR CREEK ^ 5 $530,000 8.2% $516,500 N/A 84.5%

ANNANDALE 24 $452,500 -3.7% $467,500 5.3% 39.1%

BLACK RIVER ^ 4 N/A N/A $439,500 N/A 75.8%

BLUEWATER PARK ^ 4 N/A N/A $413,000 N/A 58.8%

BOHLE PLAINS 9 $455,000 -3.2% $470,000 6.8% N/A

BURDELL * 13 $385,000 13.9% $385,000 9.7% N/A

BUSHLAND BEACH 24 $398,000 -0.3% $425,000 3.4% 38.7%

CONDON 20 $336,000 5.8% $337,000 4.4% 45.9%

CRANBROOK 15 $311,500 -2.7% $333,500 5.9% 52.7%

CURRAJONG 4 N/A N/A $314,000 1.3% 42.7%

DEERAGUN ~ * 10 $345,000 -1.8% $350,000 4.5% 95.5%

DOUGLAS 18 $414,000 -0.2% $425,000 4.9% 48.6%

GULLIVER ~ 7 $287,500 1.1% $289,000 -5.2% 44.5%

HEATLEY ~ 9 $300,000 -6.0% $300,000 -1.2% 38.9%

HERMIT PARK 20 $319,750 N/A $374,000 2.5% 38.5%

HYDE PARK 6 N/A N/A $377,000 2.0% 52.9%

IDALIA ~ 15 $455,000 -6.7% $487,500 4.3% 43.4%

KELSO ^ 7 $505,000 N/A $440,000 0.0% 46.7%

KELSO ~ * 23 $370,000 15.4% $320,000 0.0% 64.1%

KIRWAN ~ 64 $367,500 -5.8% $385,000 4.1% 42.6%

MOUNT LOUISA 36 $429,500 6.7% $400,000 1.3% 44.7%

MOUNT LOW * 9 $412,000 N/A $405,000 N/A N/A

MOUNT LOW ^ 4 N/A N/A $425,000 N/A 59.9%

MUNDINGBURRA 5 N/A N/A $372,500 4.9% 46.1%

NORTH WARD 5 N/A N/A $585,000 N/A 23.3%

PIMLICO ~ 2 N/A N/A $330,000 -3.8% 28.4%

RAILWAY ESTATE 5 N/A N/A $365,000 10.6% 42.7%

RASMUSSEN ~ 9 $280,000 N/A $297,250 -2.5% 42.9%

SOUTH TOWNSVILLE 7 $395,000 N/A N/A N/A N/A

THURINGOWA CENTRAL 8 $364,000 -4.2% $345,000 6.2% 43.8%

VINCENT ~ 5 N/A N/A $285,000 -4.7% 39.0%

WEST END 11 $380,000 -2.6% $390,000 9.9% 65.3%

WULGURU ~ 18 $312,500 -5.3% $322,000 0.6% 49.8%


DOUGLAS * f 2 N/A N/A $312,000 0.0% -1.5%

HERMIT PARK 10 $256,000 4.5% $237,500 3.3% 44.4%

KIRWAN 1 N/A N/A $307,500 9.9% 64.4%

NELLY BAY * f 5 N/A N/A $545,000 16.0% 10.1%

NORTH WARD ~ * 26 $342,500 -6.9% $368,000 1.2% 56.9%

ROSSLEA ~ * 2 N/A N/A $350,000 34.6% 97.7%

SOUTH TOWNSVILLE * 3 N/A N/A $373,000 11.3% 28.6%

TOWNSVILLE CITY * f 6 N/A N/A $568,457 23.6% 67.2%

WEST END * 8 $282,500 0.9% $290,000 -5.7% 71.1%


TOWNSVILLE CITY (LGA) ^ * ~ 21 $235,000 2.7% $222,500 8.5% 134.2%

ALICE RIVER ^ * 3 N/A N/A $220,000 10.0% 144.4%

BOHLE PLAINS * 4 N/A N/A $175,000 4.2% N/A

BURDELL * 2 N/A N/A $210,500 18.6% 214.2%

BUSHLAND BEACH ~ * f 12 $156,000 -20.1% $155,000 2.0% 56.6%

DOUGLAS 2 N/A N/A $195,000 7.6% 50.1%

IDALIA * 2 N/A N/A $268,900 9.8% 99.2%

KELSO * 11 $149,900 5.2% $148,000 1.2% 65.4%

MOUNT LOUISA 6 $169,000 -9.1% $170,000 3.0% 41.7%

MOUNT LOW * 2 N/A N/A $159,000 N/A N/A

RASMUSSEN ~ * 5 $124,900 -12.7% $140,750 N/A N/A

TOWNSVILLE CITY COUNCIL AREA $330 675 $320 664

4810 Belgian Gardens/ Castle Hill/ Townsville City/ etc. $350 67 $345 71

4811 Cluden/ Idalia/ Oak Valley/ Stuart/ Wulguru/ etc. $325 26 $300 24

4812 Currajong/ Gulliver/ Mundingburra/ Rosslea/ etc. $330 78 $320 70

4814 Aitkenvale/ Cranbrook/ Douglas/ Mt Louisa/ etc. $330 212 $320 193

4815 Condon/ Kelso/ Pinnacles/ Rasmussen/ etc. $305 110 $315 89

4816 Balgal Beach/ Paluma/ Rollingstone/ etc. $280 13 $275 13

4817 Alice River/ Kirwan/ Thuringowa Central/ etc. $345 91 $330 113

4818 Black River/ Bushland Bch/ Deeragun/ Mt Low/ etc. $330 65 $320 76

4819 Horseshoe Bay/ Nelly Bay/ Picnic Bay/ etc. $300 13 $300 15



4811 Cluden/ Idalia/ Oak Valley/ Stuart/ Wulguru/ etc. $335 25 $320 47



4815 Condon/ Kelso/ Pinnacles/ Rasmussen/ etc. $220 12 $220 7

4817 Alice River/ Kirwan/ Thuringowa Central/ etc. $300 33 $280 44

4819 Horseshoe Bay/ Nelly Bay/ Picnic Bay/ etc. $250 11 $210 15







CAIRnS REGIOnAl

127

141

137

863

881

780

1259

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1177

120

141

124

MAR 10

JUN 10

SEP 10


164

128

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62

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29

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JUN 10

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274

272

266

101

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127

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1259

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JUN 10

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839

775

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424

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MAR 10

JUN 10

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<$350,000 <$500,000 <$1m $1m+


193

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51

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148

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46

51

54

MAR 10

JUN 10

SEP 10


164

128

162

72

62

62

29

25

22

MAR 10

JUN 10

SEP 10


274

272

266

101

88

97

33

13

16

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



99

123

104

415

428

374

407

405

282

278

258

191

91

46

50

MAR 10

JUN 10

SEP 10


16

28

20

19

14

12

5

4

6

1

3

3

MAR 10

JUN 10

SEP 10


13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


26

23

22

59

38

31

30

19

21

14

12

11

MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


50

44

41

255

254

265

645

684

628

242

282

270

30

47

37

MAR 10

JUN 10

SEP 10


104

102

113

240

224

231

101

110

71

55

45

38

MAR 10

JUN 10

SEP 10



99

123

104

415

428

374

407

405

282

278

258

191

91

46

50

MAR 10

JUN 10

SEP 10


44

45

46

163

139

140

145

146

99

100

87

77

23

19

24

MAR 10

JUN 10

SEP 10


16

28

20

19

14

12

5

4

6

1

3

3

MAR 10

JUN 10

SEP 10


124

80

119

64

69

56

31

30

32

14

25

21

MAR 10

JUN 10

SEP 10


13

32

20

15

24

14

2

10

4

5

8

6

MAR 10

JUN 10

SEP 10


10

9

17

11

9

5

12

14

4

3

5

6

MAR 10

JUN 10

SEP 10


26

23

22

59

38

31

30

19

21

14

12

11

MAR 10

JUN 10

SEP 10


14

14

20

28

12

26

8

9

9

6

8

7

MAR 10

JUN 10

SEP 10


10

16

23

21

12

8

12

10

14

6

4

4

MAR 10

JUN 10

SEP 10


43

47

45

21

22

26

10

5

7

1

2

2

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10




61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10



80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10



67

83

52

38

41

25

5

8

1

14

14

6

MAR 10

JUN 10

SEP 10



52

44

44

4

4

0

1

0

2

MAR 10

JUN 10

SEP 10



61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10



62

58

55

11

12

4

3

5

2

MAR 10

JUN 10

SEP 10


80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


26

54

38

55

49

54

47

36

34

12

15

15

MAR 10

JUN 10

SEP 10


418

417

436

106

96

77

17

27

12

8

3

8

MAR 10

JUN 10

SEP 10



67

83

52

38

41

25

5

8

1

14

14

6

MAR 10

JUN 10

SEP 10


66

52

39

61

47

18

13

15

18

15

11

9

MAR 10

JUN 10

SEP 10


52

44

44

4

4

0

1

0

2

MAR 10

JUN 10

SEP 10


58

56

53

10

8

6

5

3

8

MAR 10

JUN 10

SEP 10


61

57

53

7

3

3

2

1

0

MAR 10

JUN 10

SEP 10


32

81

57

6

1

4

2

3

2

MAR 10

JUN 10

SEP 10


62

58

55

11

12

4

3

5

2

MAR 10

JUN 10

SEP 10


80

81

68

5

2

13

0

4

3

MAR 10

JUN 10

SEP 10


57

67

70

3

4

3

2

0

0

MAR 10

JUN 10

SEP 10


67

54

56

3

7

5

2

2

0

MAR 10

JUN 10

SEP 10


Median house and unit prices The Cairns residential property market experienced a median house price increase over the September quarter as well as a rise in preliminary sales numbers.

Its median house price increased 1.7 per cent to $364,000 while sales numbers were also up about 20 per cent over the period.

The sound result was possibly due to some astute buyers recognising that the market was at, or near, the bottom of the cycle.

While these results were a positive for the region, agents reported that the quarter was the second consecutive period of flat market conditions.

The high Australian dollar meant domestic and international tourist numbers to Cairns were down, which in turn has impacted the local economy.

While first home buyers and investors continued to be scarce, solid activity was recorded in the upper end of the market particularly for properties priced between $600,000 and $700,000.

First home buyers continued to be hampered by a recent trend of bank valuations coming in lower than the contract price.

Agents are hopeful that the first three months of 2011, which are traditionally the strongest period for the region, will see better market conditions all round.

Tiger Airways and Jetstar have all announced increased flights into Cairns from next year which bodes well for the region as long as the Australian dollar returns to its historical lower value against the greenback.

The Cairns median unit and townhouse price decreased 14.5 per cent over the period to $243,750 however this figure was impacted by the varying quality of stock, including waterfront properties, which sold during the June quarter. This varying quality of stock sold is further evidenced by the unit median increasing 17.3 per cent over June.

First home buyers are continuing to look at the unit and townhouse market as an affordable housing option however there remains a distinct lack of competition between investors and first homebuyers in this market which is keeping prices subdued.

Median land prices The median price of land in Cairns increased 5.9 per cent to $169,500 over the September quarter and preliminary numbers held steady at 67 sales.

Gordon Vale and Trinity Park continue to lead the way with increased sales over the quarter. Some waterfront lots along Brindabella Quay and Harbour Drive in Trinity Park saw the median price increase 8.3 per cent over the quarter. Land in this canal precinct was first released in 2004, masking the growth in the median land price over the past five years.

The $4,000 Regional First Owners Grant has yet to make any difference to demand from first home buyers.

Median rents The median rent for a three-bedroom house in Cairns remained flat at $300 per week over the year to September. The median rent for two-bedroom unit was also stable at $250 per week over the same period.

The Cairns rental market has also experienced tightening conditions with vacancy levels decreasing to 4.4 per cent – down from 5.2 per cent in March this year. While the market has appeared to tighten slightly, an oversupply of unit stock is keeping levels above 3 per cent.



MARKETMONITORQ

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EN

SLA

ND

CAIRnS REGIOnAl

HOUSES


UNITS & TOWNHOUSES


MEDIAN SALES DATA

3 BEDROOM HOUSES

Suburbs/Localities



NewBonds

Rent ($)Po

stco

de

MEDIAN WEEKLY RENTS


CAIRNS (LGA) 386 $364,000 1.7% $370,000 4.2% 36.0%

CAIRNS (LGA) ^ ~ 22 $607,500 -13.8% $595,000 4.8% 35.2%

BAYVIEW HEIGHTS ~ 15 $356,500 8.0% $355,750 2.4% 31.8%

BENTLEY PARK ~ 14 $327,000 -7.8% $343,000 3.9% 34.5%

BRINSMEAD 24 $393,000 -1.4% $406,000 2.8% 20.1%

CARAVONICA ~ 5 N/A N/A $338,500 -0.1% 41.0%

CLIFTON BEACH 6 N/A N/A $490,000 3.2% 22.5%

EARLVILLE ~ 12 $279,000 N/A $315,000 -3.2% 16.7%

EDGE HILL ~ 6 N/A N/A $488,500 17.0% 44.7%

EDMONTON ~ * 17 $325,000 -0.8% $333,500 -0.4% 39.0%

FRESHWATER ~ 8 $510,000 N/A $470,000 N/A 26.6%

GORDONVALE 11 $283,000 3.9% $306,000 2.2% 45.7%

HOLLOWAYS BEACH ~ * 10 $362,500 N/A $344,000 -9.5% 17.6%

KANIMBLA ~ 12 $472,500 N/A $463,500 11.4% 27.9%

KEWARRA BEACH ~ f 19 $420,000 12.0% $405,000 1.9% 39.7%

MANOORA 6 N/A N/A $300,000 5.3% 42.9%

MANUNDA ~ 9 $305,000 7.0% $305,000 -5.3% 33.8%

MOOROOBOOL ~ 18 $332,500 -20.4% $367,000 12.6% 39.0%

MOUNT SHERIDAN ~ 34 $319,000 -7.5% $350,000 4.5% 33.6%

PARRAMATTA PARK ~ 8 $357,500 -5.5% $380,000 0.0% 26.7%

REDLYNCH 25 $446,000 7.5% $430,000 4.9% 32.3%

REDLYNCH ^ ~ 4 N/A N/A $800,000 N/A N/A

SMITHFIELD ~ * 17 $360,000 N/A $369,000 -2.8% 44.7%

TRINITY BEACH ~ * 15 $370,000 1.4% $385,000 -7.8% 28.3%

TRINITY PARK + * 13 $375,000 N/A $390,000 0.0% N/A

WHITE ROCK ~ g 9 $255,000 -7.4% $281,300 0.5% 34.6%

WHITFIELD 13 $420,000 1.2% $431,250 4.5% 31.8%

WOREE ~ 9 $292,500 N/A $337,500 16.8% 57.0%

CAIRNS (LGA) ~ * f 228 $243,750 -14.5% $265,000 8.2% 43.2%

CAIRNS CITY * f 18 $475,000 17.7% $448,000 5.6% 37.4%

CAIRNS NORTH * f 23 $280,000 -2.1% $320,000 18.5% 56.1%

CLIFTON BEACH * f 5 N/A N/A $297,000 -2.6% N/A

EARLVILLE * 16 $275,000 N/A $263,500 31.8% 92.3%

EDGE HILL ~ 10 $224,000 N/A $215,000 4.9% 66.7%

MANOORA ~ 14 $180,000 -7.7% $195,000 0.0% 41.3%

MANUNDA 14 $190,000 N/A $193,750 4.7% 55.0%

MOOROOBOOL * 4 N/A N/A $195,000 -24.4% 23.2%

PALM COVE ~ * f 11 $450,000 23.3% $352,500 -2.1% -7.9%

PARRAMATTA PARK ~ 7 $230,000 -21.4% $257,500 0.4% 14.7%

PORT DOUGLAS * f 11 $300,000 3.4% $334,750 6.3% 9.8%

TRINITY BEACH * f 12 $272,500 -6.0% $296,000 -4.5% 33.0%

WESTCOURT * 5 N/A N/A $320,400 2.1% 118.0%

WOREE 3 N/A N/A $170,500 10.0% 22.2%

YORKEYS KNOB 11 $235,000 N/A $235,000 10.8% 23.7%

CAIRNS (LGA) * 67 $169,500 5.9% $169,000 2.4% 53.6%

CAIRNS (LGA) ^ ~ 11 N/A N/A $275,000 22.2% 175.0%

BENTLEY PARK * 6 $152,000 11.4% $148,250 2.2% 80.8%

EDMONTON 1 N/A N/A $131,000 6.9% 44.8%

GORDONVALE * 15 $125,000 -1.0% $122,000 15.1% N/A

MOUNT SHERIDAN * 2 N/A N/A $200,000 22.7% 102.0%

PALM COVE ~ * 2 N/A N/A $175,000 -5.4% 7.0%

REDLYNCH * 5 $180,000 9.1% $175,000 2.9% 40.0%

SMITHFIELD * 3 N/A N/A $194,000 N/A N/A

TRINITY BEACH * 5 $165,000 N/A $174,000 -5.9% N/A

TRINITY PARK * f 12 $195,000 8.3% $170,000 0.0% -51.2%

VACANT URBAN LAND

CAIRNS REGIONAL COUNCIL AREA $300 552 $300 567

4865 Goldsborough/ Gordonvale/ Green Hill/ etc. $260 17 $280 17

4868 Bayview Heights/ Mount Sheridan/ White Rock/ etc. $300 96 $300 106

4869 Bentley Park/ Edmonton/ Mt Peter/ etc. $285 85 $285 79

4870 Cairns & suburbs of Cairns $320 169 $320 167

4873 Mossman/ Cooya Beach/ Cow Bay/ Miallo/ etc $290 22 $270 29

4877 Port Douglas/ Craiglie/ Mowbray/ Oak Beach $320 14 $380 19

4878 Caravonica/ Holloways Beach/ Machans Bch/ etc. $310 51 $310 39

4879 Clifton Beach/ Kewarra Beach/ Palm Cove/ etc. $320 94 $310 76

CAIRNS REGIONAL COUNCIL AREA $250 1,173 $250 1,136

4865 Goldsborough/ Gordonvale/ Green Hill/ etc. $190 7 n.a. 4




4873 Mossman/ Cooya Beach/ Cow Bay/ Miallo/ etc $180 14 $170 14




CAIRNS REGIONAL COUNCIL AREA $230 163 $220 98









OTHER REGIOnAl AREAS

HOUSES HOUSES continued



Median house and unit prices The resources industry is continuing to influence demand for residential property in regional Queensland.

The highest number of preliminary house sales over the September quarter was in the Central Highlands local government area where 73 sales were recorded. Sales in Emerald specifically accounted for 47 of these sales with its median house price now $347,000. For the Western Downs, demand for houses in Dalby is continuing with median house price up 10.1 per cent over the quarter to $295,000.

Gympie’s affordability, coupled with its location just north of the Sunshine Coast, is contributing to its popularity with 61 preliminary house sales recorded over the period. Its median house price is $290,000.

The Whitsundays continues to be the dominant location for units and townhouses in regional Queensland with 31 preliminary sales recorded over the quarter. Its median unit and townhouse price is now $305,000.

Median land prices The highest number of preliminary land sales was in the Whitsunday region with 35 sales recorded. Its median land price is $149,000. Cannonvale and Bowen each recorded 12 preliminary land sales over the period.

Next was the Central Highlands with 23 followed by the Southern Downs with 22 preliminary land sales. The median land price in these locations is now $130,000 and $95,000 respectively. The Southern Downs median land price makes it one of the most affordable regional centres in Queensland.

BALONNE (LGA) ~ 6 N/A N/A $125,000 -21.9% 4.2%

BANANA (LGA) 10 N/A N/A $270,000 1.9% 86.9%

BANANA (LGA) ^ 4 N/A N/A $419,000 6.1% 82.2%

BILOELA ~ 7 $290,000 30.0% $285,000 -0.7% 71.7%

BARCALDINE (LGA) ~ 9 N/A N/A $180,000 14.3% 453.8%

BURDEKIN (LGA)~ 22 $235,000 -7.0% $240,000 4.3% 108.7%

AYR 13 $250,000 -0.9% $250,000 2.0% 100.0%

CASSOWARY COAST (LGA) ~ 28 $240,000 -13.8% $268,750 4.2% 68.0%

CASSOWARY COAST (LGA) ^ 11 N/A N/A $342,500 -7.4% 45.7%

CENTRAL HIGHLANDS (LGA) ~ 73 $323,000 -6.4% $338,000 2.4% 53.6%

CENTRAL HIGHLANDS (LGA) ^ 7 N/A N/A $450,000 5.9% 36.4%

BLACKWATER 19 $315,000 3.8% $305,000 8.9% 64.9%

EMERALD ~ 47 $347,000 -5.1% $375,000 3.3% 40.4%

EMERALD ^ 3 N/A N/A $547,500 2.3% 35.2%

CHARTERS TOWERS (LGA) ~ 18 $190,000 20.6% $199,000 -9.5% 76.9%

CHARTERS TOWERS (LGA) ^ 9 N/A N/A $368,750 -1.7% 100.4%

QUEENTON ~ 6 N/A N/A $198,750 -13.6% 109.2%

GOONDIWINDI (LGA) 15 $253,500 N/A $245,000 1.2% 41.2%

GOONDIWINDI ~ 12 $270,000 N/A $266,500 -6.5% 33.3%

GYMPIE (LGA) 61 $290,000 0.3% $290,000 4.3% 38.1%

GYMPIE (LGA) ^ 49 $345,000 -1.8% $362,000 2.7% 36.6%

COOLOOLA COVE ~ 3 N/A N/A $302,000 -4.9% 37.3%

CURRA ^ ~ 5 $335,000 6.9% $310,750 13.8% 59.4%

GYMPIE ~ 25 $265,000 -6.2% $270,000 2.9% 39.9%

MONKLAND 3 N/A N/A $270,999 9.1% 44.9%

SOUTHSIDE 18 $329,500 0.2% $335,000 1.5% 33.5%

THE PALMS ^ 7 $345,000 N/A $370,000 N/A 62.6%

TIN CAN BAY 3 N/A N/A $316,500 5.5% 11.1%

HINCHINBROOK (LGA) 8 N/A N/A $262,750 8.6% 92.8%

INGHAM 4 N/A N/A $235,000 4.4% 95.8%

ISAAC (LGA) 46 $437,500 2.9% $425,000 3.7% 77.1%

CLERMONT 8 $257,500 N/A $295,000 5.4% 227.8%

DYSART ~ 6 N/A N/A $411,500 -2.0% 291.9%

MORANBAH 30 $479,000 4.1% $450,000 2.3% 66.7%

LOCKYER VALLEY (LGA) 20 $277,500 -3.9% $270,000 1.1% 50.0%

LOCKYER VALLEY (LGA) ^ 56 $356,250 5.4% $360,000 9.1% 46.9%

ADARE ^ 5 $327,000 N/A N/A N/A N/A

GATTON 9 $281,000 -2.7% $288,750 3.1% 45.8%

KENSINGTON GROVE ^ ~ 4 N/A N/A $392,500 12.9% N/A

LAIDLEY ~ 7 $262,500 -11.0% $248,000 -0.8% 41.7%

LAIDLEY HEIGHTS ^ ~ 4 N/A N/A $340,000 14.5% 47.8%

PLAINLAND ^ ~ 3 N/A N/A $374,500 17.8% 62.8%

REGENCY DOWNS ^ 11 $316,000 2.6% $335,000 4.0% 55.8%

LONGREACH (LGA) 9 N/A N/A $255,000 15.9% 117.9%

LONGREACH ~ 9 $355,000 59.9% $260,000 18.2% 109.7%

MARANOA (LGA) ~ 20 $238,500 -17.2% $260,000 8.9% 105.9%

MARANOA (LGA) ^ 1 N/A N/A $290,000 N/A 80.1%

ROMA 14 $292,500 -2.5% $284,000 11.4% 95.9%

MOUNT ISA CITY (LGA) ~ 49 $340,000 -8.1% $348,000 5.5% 135.0%

HEALY ~ 7 $370,000 -11.2% $380,000 4.8% 81.8%

MORNINGTON 10 $340,000 N/A $323,750 4.4% N/A

PARKSIDE 5 N/A N/A $340,000 15.6% N/A

SOLDIERS HILL 7 $320,000 N/A $343,500 8.2% 123.1%

SUNSET 7 $340,000 N/A $337,000 5.5% 92.6%

TOWNVIEW 4 N/A N/A $342,500 2.9% 104.5%

MURWEH (LGA) 11 N/A N/A $153,000 9.3% 106.8%

CHARLEVILLE ~ 9 $166,000 N/A $166,000 10.7% 112.8%

NORTH BURNETT (LGA) ~ 10 N/A N/A $160,000 -4.8% 70.2%

NORTH BURNETT (LGA) ^ 10 N/A N/A $242,500 N/A 79.6%

GAYNDAH 4 N/A N/A $175,000 2.9% 42.9%



MARKETMONITORQ

UE

EN

SLA

ND


HOUSES



UNITS & TOWNHOUSES

VACANT URBAN LAND

SCENIC RIM (LGA) 47 $375,000 -1.0% $373,250 6.6% 40.8%

SCENIC RIM (LGA) ^ ~ 29 $456,500 -13.9% $510,000 15.6% 41.7%

BEAUDESERT ~ 13 $295,000 -13.2% $327,500 9.2% 45.6%

BOONAH 4 N/A N/A $277,500 -1.4% 48.2%

KOORALBYN ^ 4 N/A N/A $340,000 3.8% 58.1%

TAMBORINE ^ ~ 8 $617,500 31.8% $576,000 21.3% 52.6%

TAMBORINE MOUNTAIN 21 $465,000 12.0% $445,000 0.0% 29.0%

TAMBORINE MOUNTAIN ^ 2 N/A N/A $760,000 N/A 42.1%

SOMERSET (LGA) ~ 30 $254,500 -5.7% $272,500 7.4% 64.2%

SOMERSET (LGA) ^ ~ 41 $370,000 -11.9% $385,000 9.7% 48.1%

FERNVALE ^ ~ 5 $352,500 -19.9% $412,750 N/A 54.0%

LOWOOD ^ ~ 6 $352,500 11.9% $325,000 7.6% 29.0%

TOOGOOLAWAH ~ 8 $170,000 N/A $213,250 11.1% 42.2%

SOUTH BURNETT (LGA) ~ 49 $237,000 -5.6% $235,000 2.8% 43.3%

SOUTH BURNETT (LGA) ^ ~ 31 $270,000 -13.2% $280,000 1.8% 60.0%

KINGAROY 18 $271,000 -3.2% $274,500 8.6% 46.0%

KINGAROY ^ 4 N/A N/A $410,000 0.0% 54.7%

MURGON ~ 9 $159,000 15.6% $155,000 -11.9% 29.2%

NANANGO 10 $220,000 N/A $225,000 6.6% 53.1%

NANANGO ^ 3 N/A N/A $247,500 0.0% 59.7%

WONDAI ~ 7 $170,000 N/A $200,000 -8.0% 42.9%

SOUTHERN DOWNS (LGA) 60 $247,000 1.9% $240,000 4.3% 45.5%

SOUTHERN DOWNS (LGA) ^ ~ 21 $335,000 13.6% $322,500 -5.8% 45.0%

STANTHORPE ~ 12 $253,000 -14.2% $249,000 14.2% 55.6%

WARWICK 38 $238,000 1.3% $242,500 1.0% 40.2%

TABLELANDS (LGA) 40 $300,000 3.4% $290,000 1.8% 70.6%

TABLELANDS (LGA) ^ ~ 29 $390,000 -7.5% $410,000 2.5% 58.3%

ATHERTON ~ 13 $355,000 10.9% $320,000 -5.9% 56.1%

KURANDA ^ 5 $390,000 N/A $465,000 -1.1% 42.2%

MAREEBA ~ 12 $268,750 -7.3% $285,000 14.0% 83.9%

MAREEBA ^ 3 N/A N/A $467,500 N/A 76.4%

WEIPA TOWN (LGA) 3 N/A N/A $356,486 1.9% N/A

WESTERN DOWNS (LGA) 46 $255,000 -4.0% $266,000 9.6% 83.8%

WESTERN DOWNS (LGA) ^ 15 $389,000 9.6% $356,250 11.3% 163.9%

CHINCHILLA 19 $285,000 0.0% $285,000 7.5% 83.3%

CHINCHILLA ^ 4 N/A N/A $385,000 N/A 75.0%

DALBY ~ 15 $295,000 10.1% $285,000 11.8% 78.1%

DALBY ^ ~ 3 N/A N/A $451,000 13.5% 58.8%

MILES 2 N/A N/A $250,000 7.5% 177.8%

TARA ^ 2 N/A N/A $131,000 N/A 181.9%

WHITSUNDAY (LGA) ~ 55 $365,000 0.4% $369,500 -5.3% 55.9%

WHITSUNDAY (LGA) ^ ~ 9 N/A N/A $492,500 -0.5% 60.2%

BOWEN 20 $364,000 4.0% $350,000 0.4% 66.7%

CANNONVALE ~ 12 $440,000 -1.7% $450,000 -3.9% 18.4%

COLLINSVILLE 7 $185,000 N/A $185,000 N/A 138.7%

PROSERPINE ~ 4 N/A N/A $359,000 11.3% 79.5%

CASSOWARY COAST (LGA) 4 N/A N/A $315,000 23.5% 56.7%

CENTRAL HIGHLANDS (LGA) 16 $322,500 N/A $287,500 4.5% 47.4%

EMERALD 16 $322,500 N/A $287,500 2.7% 47.4%

GYMPIE (LGA) 4 N/A N/A $271,219 0.4% 19.0%

SCENIC RIM (LGA) - ~ * 9 N/A N/A $252,000 34.8% 101.6%

SOUTH BURNETT (LGA) ~ * 3 N/A N/A $162,500 -12.4% 0.9%

KINGAROY ~ 1 N/A N/A $165,000 -8.3% N/A

TABLELANDS (LGA) 5 N/A N/A $295,000 47.5% 68.1%

WEIPA TOWN (LGA) * 3 N/A N/A $165,000 10.2% N/A

WESTERN DOWNS (LGA) * 3 N/A N/A $288,000 -3.7% N/A

WHITSUNDAY (LGA) * f 31 $305,000 -12.1% $345,000 6.2% 16.7%

AIRLIE BEACH * 3 N/A N/A $425,000 2.9% 2.5%

BOWEN * 3 N/A N/A $310,000 -14.1% -22.5%

CANNONVALE * f 20 $300,000 -15.5% $345,000 17.5% 35.3%

BANANA (LGA) * 6 $131,500 N/A $134,000 N/A 235.0%

BILOELA * 6 $131,500 N/A $131,500 N/A 73.0%

KIANGA * 0 N/A N/A $134,000 N/A N/A

BARCALDINE (LGA) 3 N/A N/A $77,750 N/A N/A

ALPHA 0 N/A N/A $121,000 N/A N/A

BURDEKIN (LGA) ~ 4 N/A N/A $124,000 -4.6% 275.8%

CASSOWARY COAST (LGA) 19 $135,000 N/A $135,000 10.2% 26.2%

CASSOWARY COAST (LGA) ^ 10 N/A N/A $170,000 31.3% 132.9%

WONGALING BEACH 6 $152,000 N/A N/A N/A N/A

CENTRAL HIGHLANDS (LGA) * 23 $130,000 -5.5% $125,000 13.6% 104.9%

CENTRAL HIGHLANDS (LGA) ^ 10 N/A N/A $200,000 N/A 53.8%

BLACKWATER * 8 $128,000 N/A $110,250 12.5% 150.6%

EMERALD * G 9 $145,000 5.1% $130,000 6.6% 32.7%

EMERALD ^ * 5 $200,000 -17.4% $225,000 N/A 50.0%

CHARTERS TOWERS (LGA) ^ 6 N/A N/A $145,000 16.0% 199.0%

GOONDIWINDI (LGA) 4 N/A N/A $80,000 6.7% 40.4%

GYMPIE (LGA) ~ * 15 $108,000 -18.2% $125,000 3.1% 43.7%

GYMPIE (LGA) ^ ~ 29 $126,000 -4.8% $146,250 4.5% 35.4%

COOLOOLA COVE 1 N/A N/A $130,000 3.2% 41.3%

CURRA ^ * 7 $108,000 -6.9% $114,000 -0.8% 49.0%

GYMPIE * 5 $117,000 N/A $120,000 13.7% 53.4%

JONES HILL * 0 N/A N/A $133,000 N/A N/A

SOUTHSIDE 0 N/A N/A $122,000 -0.2% 43.1%

TIN CAN BAY * f 1 N/A N/A $132,000 N/A -1.9%

HINCHINBROOK (LGA) 5 N/A N/A $93,000 3.3% 45.3%

FORREST BEACH 4 N/A N/A $90,000 1.1% N/A




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ISAAC (LGA) G 10 N/A N/A $120,500 0.7% 282.5%

MORANBAH G 5 $227,500 N/A $124,750 4.1% 296.0%

LOCKYER VALLEY (LGA) 12 N/A N/A $124,000 6.9% 85.1%

LOCKYER VALLEY (LGA) ^ ~ * 44 $152,750 9.1% $140,000 0.2% 78.3%

ADARE ^ * 4 N/A N/A $109,500 N/A N/A

GATTON 2 N/A N/A $130,000 0.0% 89.8%

HATTON VALE ^ * 3 N/A N/A $136,900 N/A 63.0%

KENSINGTON GROVE ^ ~ 4 N/A N/A $135,000 -3.6% 51.7%

LAIDLEY ~ * 7 $132,000 20.0% $124,000 12.7% N/A

LAIDLEY NORTH 1 N/A N/A $115,000 N/A N/A

REGENCY DOWNS ^ * 10 $154,000 N/A $153,000 11.3% 104.0%

WITHCOTT ^ 3 N/A N/A $135,000 N/A N/A

MARANOA (LGA) ~ * 7 N/A N/A $97,500 134.9% 225.0%

ROMA * 5 $130,000 31.6% $107,500 N/A 140.2%

MOUNT ISA CITY (LGA) 3 N/A N/A $84,000 N/A 110.0%

NORTH BURNETT (LGA) ~ 4 N/A N/A $29,000 -27.5% 45.0%

NORTH BURNETT (LGA) ^ ~ 5 N/A N/A $100,000 -23.1% 300.0%

SCENIC RIM (LGA) 12 N/A N/A $181,750 -0.4% 62.3%

SCENIC RIM (LGA) ^ ~ * 19 $138,000 -34.3% $200,000 -8.9% 27.4%

BEAUDESERT 2 N/A N/A $197,000 2.6% 51.5%

KOORALBYN ^ 6 $126,500 N/A $119,500 7.2% 73.9%

SOMERSET (LGA) * 20 $137,000 4.6% $132,000 3.1% 95.6%

SOMERSET (LGA) ^ 13 N/A N/A $200,000 0.3% 95.1%

FERNVALE * 6 $155,000 16.5% $139,000 6.5% N/A

LOWOOD * 3 N/A N/A $120,000 -7.7% N/A

SOUTH BURNETT (LGA) 19 $48,000 N/A $80,000 -5.9% 146.2%

SOUTH BURNETT (LGA) ^ 30 $107,000 -3.2% $98,000 0.0% 98.0%

KINGAROY * 5 $105,000 -4.5% $110,000 0.0% 69.2%

KINGAROY ^ * 2 N/A N/A $150,000 10.3% 114.3%

MEMERAMBI ^ * 2 N/A N/A $75,000 N/A N/A

PROSTON 6 $22,000 N/A N/A N/A N/A

SOUTHERN DOWNS (LGA) ~ * 22 $95,000 90.0% $90,000 3.7% 69.8%

SOUTHERN DOWNS (LGA) ^ ~ 10 N/A N/A $150,000 13.2% 87.5%

ROSENTHAL HEIGHTS * 6 $92,500 N/A N/A N/A N/A

WARWICK * 8 $99,500 0.5% $95,500 6.1% 61.9%

TABLELANDS (LGA) ~ * 17 $100,000 -11.9% $105,000 -4.5% 78.0%

TABLELANDS (LGA) ^ ~ 24 $172,750 1.6% $185,000 -1.3% 94.7%

ATHERTON 5 $130,000 5.7% $126,500 6.3% 94.6%

MAREEBA ~ * 7 $100,000 N/A $98,500 -2.0% 69.8%

MAREEBA ^ 6 $153,500 N/A N/A N/A N/A

WESTERN DOWNS (LGA) 8 N/A N/A $112,500 4.2% 181.3%

WESTERN DOWNS (LGA) ^ ~ * 21 $99,000 44.0% $99,000 13.1% 214.3%

CHINCHILLA * 6 $120,000 9.1% $109,900 15.7% 99.8%

CHINCHILLA ^ * 6 $129,500 N/A $116,500 29.4% 70.7%

DALBY * 1 N/A N/A $117,500 0.0% 130.4%

DALBY ^ ~ * 6 $127,500 28.8% $99,000 -6.6% 65.0%

TARA ^ 4 N/A N/A $40,000 5.3% 88.2%

WHITSUNDAY (LGA) ~ * 35 $149,000 -3.9% $156,500 -1.9% 25.2%

WHITSUNDAY (LGA) ^ 7 N/A N/A $246,000 -6.3% 49.3%

BOWEN ~ * 12 $157,500 -12.5% $165,000 13.8% 46.7%

CANNON VALLEY * 5 $149,000 N/A N/A N/A N/A

CANNONVALE * 12 $134,500 -19.7% $158,500 -3.9% 13.9%

PROSERPINE * 2 N/A N/A $113,000 N/A N/A

CASSOWARY COAST REGIONAL $270 101 $270 108

4849 Cardwell/ Hinchinbrook/ etc. $270 13 $240 8

4852 Mission Beach/ Wongaling Beach/ etc. $320 20 $310 25

4854 Bulgun/ Silky Oak/ Tully/ etc. $280 20 $295 14

4860 East Innisfail/ Innisfail/ Jubilee Heights/ etc. $250 44 $250 50

CENTRAL HIGHLANDS REGIONAL $400 117 $400 127

4717 Blackwater $520 38 $480 53

4720 Emerald/ Yamala $390 65 $390 58

4722 Buckland/ Springsure/ etc. $280 7 n.a. 4

4723 Capella/ Lilyvale/ etc. $330 7 $300 12

GYMPIE REGIONAL $245 204 $240 207

4570 Gympie/ Curra/ Imbil/ Monkland/ Southside/ etc. $250 165 $250 160

4580 Cooloola/ Tin Can Bay $240 30 $230 35

ISAAC REGIONAL $600 154 $600 78

4721 Belyando/ Clermont/ etc. $400 15 n.a. 4

4742 Burton/ Nebo/ Oxford/ etc. $350 6 n.a. 3

4744 Moranbah $650 83 $650 41

4745 Dysart $700 39 $500 24

4746 Mays Down/ Middlemount $150 9 n.a. 3

LOCKYER VALLEY REGIONAL $250 103 $250 121

4341 Hatton Vale/ Laidley/ Regency Downs/ etc. $250 42 $250 42

4342 Forest Hill/ Glenore Grove/ Lockrose/ etc. $250 9 $245 12

4343 Adare/ Gatton/ Woodlands/ etc. $265 40 $250 59

4344 Helidon/ Lilydale/ Lockyer/ etc. $260 5 n.a. 4

4347 Grantham/ Veradilla/ Winwill/ etc. $220 7 n.a. 4

SCENIC RIM REGIONAL $300 110 $300 126

4270 Tamborine $420 6 $370 5

4271 Eagle Heights $330 10 $335 22

4272 Tamborine Mountain $355 17 $310 7

4275 Biddaddaba/ Boyland/ Canungra/ etc. $350 6 $395 10

4285 Beaudesert/ Cedar Vale/ Kooralbyn/ etc. $300 45 $300 47

4309 Aratula/ Kalbar $250 9 $250 8

4310 Boonah/ Duganden/ Mt Alford $250 12 $255 21

SOMERSET REGIONAL $260 72 $260 54

4311 Clarendon/ Coominya/ Lowood/ etc. $285 29 $260 15

4312 Esk/ Eskdale/ Caboonbah/ etc. $230 12 $220 11

4313 Toogoolawah/ Cressbrook/ Ottaba/ etc. $230 12 $200 9

4515 Kilcoy/ Glenfern/ Sandy Creek/ etc. $300 19 $280 18



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MEDIAN WEEKLY RENTS

3 BEDROOM HOUSES continued 2 BEDROOM FLATS/UNITS continued SOUTH BURNETT REGIONAL $225 117 $220 128

4605 Cherbourg/ Murgon/ Oakdale/ etc. $195 20 $175 15

4606 Fairdale/ Greenview/ Wondai/ etc. $200 12 $200 10

4610 Kingaroy/ Memerambi/ Wattle Grove/ etc. $250 56 $250 64

4615 Nanango/ Brooklands/ Tarong/ etc. $220 24 $210 33

SOUTHERN DOWNS REGIONAL $230 138 $220 142

4362 Allora/ Ellinthorp/ Goomburra/ etc. $250 5 $210 5

4370 Rosenthal Heights/ Mount Colliery/ Warwick/ etc. $240 84 $220 76

4380 Stanthorpe/ Amiens/ etc. $220 32 $200 38

TABLELANDS REGIONAL $270 183 $270 187

4800 Mareeba/ Biboohra $265 66 $260 45

4872 Dimbulah/ Kairi/ Mt Garnett/ Tinaroo/ Walkamin $200 5 $250 11

4881 Kuranda/ Koah/ Speewah $300 8 $310 15

4883 Atherton/ Upper Baron $275 44 $270 47

4884 Yungaburra/ Lake Eacham $290 11 $300 13

4885 Malanda/ Tarzali/ Jaggan $270 7 $250 10

4887 Herberton/ Wondecla $250 5 $220 7

4888 Ravenshoe/ Evelyn/ Millstream $250 13 $230 12

WESTERN DOWNS REGIONAL $260 131 $280 123

4405 Dalby/ Blaxland/ Tipton etc. $260 76 $300 69

4413 Chinchilla/ Hopeland/ Montrose/ etc. $270 37 $280 36

4415 Miles/ Myall Park/ etc. $280 9 $200 7

4419 Wandoan/ Cockatoo/ Grosmont $200 5 n.a. 4

WHITSUNDAY REGIONAL $340 157 $350 145

4800 Cannon Valley/ Conway/ Proserpine/ etc. $300 36 $320 16

4802 Airlie Beach/ Cannonvale/ Whitsundays/ etc. $360 43 $400 57

4804 Collinsville $300 18 $320 15

4805 Bowen $350 60 $330 56

BALONNE SHIRE $200 28 $210 25

BANANA SHIRE $280 49 $285 55

BURDEKIN SHIRE $250 66 $230 70

CHARTERS TOWERS REGIONAL $250 47 $220 40

CLONCURRY SHIRE $350 14 $300 13

COOK SHIRE $260 29 $265 31

GOONDIWINDI REGIONAL $250 31 $230 38

HINCHINBROOK SHIRE $250 37 $230 32

LONGREACH REGIONAL $250 18 $250 16

MARANOA REGIONAL $320 65 $280 57

MOUNT ISA CITY $450 83 $420 63

MURWEH SHIRE $210 13 $190 15

NORTH BURNETT REGIONAL $185 24 $180 26

CASSOWARY COAST REGIONAL $200 93 $185 92

4849 Cardwell/ Hinchinbrook/ etc. $185 9 $160 9

4852 Mission Beach/ Wongaling Beach/ etc. $210 20 $230 17

4854 Bulgun/ Silky Oak/ Tully/ etc. $215 20 $195 15

4860 East Innisfail/ Innisfail/ Jubilee Heights/ etc. $185 41 $180 48

CENTRAL HIGHLANDS REGIONAL $275 51 $270 50

4720 Emerald/ Yamala $275 46 $275 45

GYMPIE REGIONAL $190 52 $190 44

4570 Gympie/ Curra/ Imbil/ Monkland/ Southside/ etc. $175 32 $190 26

4580 Cooloola/ Tin Can Bay $200 8 $165 6

4581 Rainbow Beach/ Inskip $200 11 $220 11

ISAAC REGIONAL $260 16 $200 13

4721 Belyando/ Clermont/ etc. $200 5 $180 7

4742 Burton/ Nebo/ Oxford/ etc. $260 5 - n.a.

LOCKYER VALLEY REGIONAL $210 17 $200 22

4343 Adare/ Gatton/ Woodlands/ etc. $210 13 $200 18

SCENIC RIM REGIONAL $210 32 $230 29

4285 Beaudesert/ Cedar Vale/ Kooralbyn/ etc. $200 26 $190 19

SOUTH BURNETT REGIONAL $190 58 $165 54

4610 Kingaroy/ Memerambi/ Wattle Grove/ etc. $190 52 $180 44

SOUTHERN DOWNS REGIONAL $185 53 $145 52

4370 Rosenthal Heights/ Mount Colliery/ Warwick/ etc. $190 28 $145 32

4380 Stanthorpe/ Amiens/ etc. $175 23 $150 19

TABLELANDS REGIONAL $190 67 $190 63

4800 Mareeba/ Biboohra $190 26 $180 22

4883 Atherton/ Upper Baron $200 27 $190 27

WESTERN DOWNS REGIONAL $195 47 $210 58

4405 Dalby/ Blaxland/ Tipton etc. $190 23 $230 37

4413 Chinchilla/ Hopeland/ Montrose/ etc. $230 15 $210 14

4415 Miles/ Myall Park/ etc. $250 5 n.a. 1


4800 Cannon Valley/ Conway/ Proserpine/ etc. $230 19 $200 17


4805 Bowen $260 40 $245 29

BANANA SHIRE $220 18 $190 11

BURDEKIN SHIRE $190 41 $180 43

CHARTERS TOWERS REGIONAL $185 19 $160 15

GOONDIWINDI REGIONAL $160 33 $165 37

HINCHINBROOK SHIRE $160 34 $160 23

LONGREACH REGIONAL $160 10 $130 6

MARANOA REGIONAL $200 19 $180 11

MOUNT ISA CITY $320 90 $295 127

GYMPIE REGIONAL $270 17 n.a. 4

4570 Gympie/ Curra/ Imbil/ Monkland/ Southside/ etc. $270 13 n.a. 2


4800 Cannon Valley/ Conway/ Proserpine/ etc. $330 6 n.a. 3




LGA SEPT MAR 2010 2010


RESIDENTIAL RENTALS” HOUSES UNITS LGA SEP QTR JUN QTR SEP QTR JUN QTR 2010 2010 2010 2010


OTHER REGIONAL AREAS

OTHER REGIONAL AREAS

SOUTH EAST QUEENSLAND SOUTH EAST QUEENSLAND



GROSS REnTAl YIElDS VACAnCY RATES

BRISBANE SD¹ 2.9% 2.7%

BRISBANE CITY² 2.6% 2.5%

Brisbane Inner (0-5km) 2.5% 2.3%

Brisbane Remainder 2.6% 2.6%

BRISBANE SURROUNDS³ 3.2% 3.0%

IPSWICH CITY 2.3% 2.3%

LOGAN CITY 2.3% 2.3%

MORETON BAY 3.8% 3.3%

Caboolture * 4.9% n/a

Pine Rivers 2.5% n/a

Redcliffe 2.8% n/a

REDLAND CITY 3.5% 4.3%

GOLD COAST CITY 4.3% 3.9%

SUNSHINE COAST 3.4% 3.5%

Caloundra Coast 2.5% n/a

Maroochy Coast 2.6% n/a

Noosa Coast 5.1% n/a

Hinterland 4.2% n/a

BUNDABERG 2.1% 3.1%

CAIRNS 4.4% 5.2%

FRASER COAST * 5.4% 6.3%

Hervey Bay 5.5% n/a

Maryborough 5.2% n/a

GLADSTONE 1.4% 4.1%

MACKAY 1.3% 3.4%

ROCKHAMPTON 2.3% 5.6%

TOOWOOMBA 0.9% N/A

TOWNSVILLE CITY 3.4% 3.0%

GYMPIE 4.4% 3.1%

LOCKYER VALLEY 4.7% 3.3%

TABLELANDS 4.9% 5.6%

WHITSUNDAY * 12.7% N/A

BRISBANE CITY 3.7% 3.7% 4.7% 4.6%

IPSWICH CITY 4.6% 4.4% 4.8% 5.1%

LOGAN CITY 4.7% 4.6% 5.0% 4.7%

MORETON BAY 4.2% 4.1% 4.2% 4.1%

REDLAND CITY 4.0% 4.0% 5.0% 4.6%

GOLD COAST CITY 4.3% 4.2% 5.0% 4.8%

SUNSHINE COAST 4.1% 4.1% 4.4% 4.2%

BUNDABERG 5.0% 4.7% 4.3% 4.4%

CAIRNS 4.3% 4.4% 5.3% 4.6%

FRASER COAST 4.4% 4.3% 3.9% 3.8%

GLADSTONE 4.1% 4.2% 4.9% 3.5%

MACKAY 5.0% 4.9% 4.7% 4.4%

ROCKHAMPTON 4.9% 4.7% 4.3% 4.3%

TOOWOOMBA 4.8% 4.7% 4.3% 4.6%

TOWNSVILLE CITY 4.7% 4.5% 4.6% 4.6%

CASSOWARY COAST 5.9% 5.0% N/A N/A

CENTRAL HIGHLANDS 6.4% 6.0% 4.4% N/A

CHARTERS TOWERS 6.8% 7.9% N/A N/A

GOONDIWINDI 5.1% N/A N/A N/A

GYMPIE 4.4% 4.5% N/A N/A

ISAAC 7.1% 6.7% N/A N/A

LOCKYER VALLEY 4.7% 4.8% N/A N/A

MARANOA 7.0% 5.4% N/A N/A

MOUNT ISA CITY 6.9% 6.3% N/A N/A

SCENIC RIM 4.2% 4.4% N/A N/A

SOMERSET 5.3% 5.2% N/A N/A

SOUTH BURNETT 4.9% 4.6% N/A N/A

SOUTHERN DOWNS 4.8% 4.9% N/A N/A

TABLELANDS 4.7% 4.8% N/A N/A

WESTERN DOWNS 5.3% 5.3% N/A N/A

WHITSUNDAY 4.8% 5.0% 4.4% 3.9%


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In order to measure recent performance of the Queensland property market, Queensland Market Monitor records the median sale price by locality and by local government area (LGA) state-wide where sufficient sales numbers are recorded.

Analysts regard the median sale price, defined as “the middle sale taken from all the sales in a locality throughout a specified period” as the most representative figure. Unlike other averages, which can be skewed by very high or very low sales, the median is generally reflective of current market activity.

Quarterly sales figures are generally an indication of the latest sales activity in an area. They reflect the types of properties that have sold over a three-month period and can therefore be quite volatile. Where possible, annotations have been used to explain fluctuations in the sales data (see page 37).

To provide a more macro or historical trend view of a suburb’s and LGA’s market performance, the annual median price is also provided as are percentage changes over the last one and five years.

To ensure this data is as reflective of the overall market as possible, only suburbs that recorded a minimum of 25 sales for houses and unit/townhouses; or 20 sales for acreage and vacant land over the 12 month period are recorded.

On a quarterly basis, a minimum of 10 sales are required for metropolitan Brisbane. In regional areas, where there are generally fewer sales compared with metropolitan volumes, suburbs with a minimum of seven house or unit/townhouse sales or a minimum of five acreage or vacant land sales in a locality are included. A suburb with fewer sales numbers is generally regarded as having a sample size too small to be truly demonstrative.

The REIQ’s research data is based on sales records of the most recent reportable quarter held by the Department of Environment and Resources Management’s Queensland Valuation and Sales database (QVAS). This data is made available to the REIQ through PriceFinder (www.pricefinder.com.au) and RP Data (www.rpdata.net.au)

As of the June quarter 2010, REIQ sales data reports are run two weeks earlier than previously calculated. After careful analysis, this change in methodology was implemented to improve the timeliness of the REIQ’s sales data release without jeopardising the reliabilty of the figures. Given the slightly smaller sample size, comparisons between the number of sales of previously published quarters should be made with caution.

To ensure like is compared with like the change in median sale prices compares current preliminary estimates with preliminary estimates for the previous period. A percentage change is not available where there is no preliminary estimate available for either reference period.

Another point of difference with REIQ research is our use of contract date figures rather than the ‘settlement date’. In accruing quarterly results, some analysts use the date on which the property settled rather than the date that the parties signed a contract of sale. In Queensland, there could be up to 60 or 90 days between the time a contract of sale is signed (the day on which the parties legally agree on the price the property will sell for) and the day on which the property settles. The REIQ believes that collating quarterly statistics based on settlement date figures does not most accurately reflect the state of the market in any given quarterly period.

For further information on real estate data email REIQ’s research analyst, Yvette Burton [[email protected]].

Real estatetrends inQueensland’stowns & suburbs

RESEARCH METHODOlOGY



ExPlAnATORY nOTES

SALES DATAMedian Price: The middle sale price when arranged in ascending order, ie where half of the sales recorded were less and half were higher than the median

All figures are preliminary and are subject to further revision. Only suburbs to record sufficient sales numbers have been included.

N/A No preliminary estimate available due to insufficient sales numbers

(LGA) Local Government Area

Brisbane (SD)– Brisbane Statistical Division which includes the LGA’s of Brisbane City, Ipswich City, Logan City, Moreton Bay Regional and Redland City.

^ Denotes acreage sales - on land size greater than 2,400m². All other house and land sale statistics are based on land size under 2,400m². Unit and townhouse data includes sales of all residential building units and group titled properties.

~ Medians affected by varying quality of stock sold

* Medians affected by varying quantities of new properties sold

f Medians affected by varying quantities of waterfront properties sold

g Sales volumes and median affected by QLD government acquisitions in the areaG Sales volumes and median affected by QLD government sales in the area

+ Due to the nature of properties in this suburb, some group titled property sales have been included

- Due to the nature of properties in this suburb, some group titled property sales have been omitted

¹ Paradise Point statistics exclude Sovereign Island and Ephraim Island sales

² Historical figures recalculated to take into account group title sales

³ Medians affected by varying volumes of sales on the bay islands and mainland

⁴ Due to a reporting error, Inala house sales statistics have been amended

⁵ Historical medians recalculated to exclude Teneriffe properties

SOURCE: REIQ. Raw data made available by QLD Department of Environment and Resource Management, (QVAS), via PriceFinder and RP Data. This information has been carefully compiled and is not intended to be treated as a warranty or promise as to the correctness of the information. Interested parties should undertake independent enquiries and investigations to satisfy themselves that any details herein are true and correct. The REIQ does not allow this information to be used for advertising or marketing purposes. Enquiries about the reproduction of part or all of the information should be directed to the Marketplace Strategy Division, REIQ

PRICE POINT GRAPHSAll figures are preliminary based upon sales records available as at the time of reporting for each corresponding quarter and are subject to further revision. Comparisons between quarters should be used as a guide only. Data supplied by PriceFinder.

RENTAL DATAAll rental data is collated by postcode. Where no postcode or region is listed, insufficient new bonds were lodged in order to calculate a reliable statistic.

Where there is a relatively small number of bond lodgements median rent values are less reliable and should be used with caution.

n.a. Not Available (the number of new bonds lodged was too small to provide a reliable estimate)

Source: Residential Tenancies Authority, Rental Bond lodgements (RTA) www.rta.qld.gov.au

GROSS RENTAL YIELDSHouse yields based upon REIQ median house prices and RTA median weekly rent for 3-bedroom houses

Unit yields based upon REIQ median unit & townhouse prices and RTA median weekly rent for 2-bedroom flats

VACANCY RATES¨Based upon all residential rentals as at the end of the month

¹ Aggregate of Brisbane City LGA & Brisbane surrounds

² Aggregate of Brisbane Inner & Brisbane Remainder

³ Aggregate of the surrounding shires of Ipswich, Logan, Moreton Bay Regional & Redland

* High rental stock due to new residential unit releases

N/A Insufficient sample size reported in order to calculate a reliable statistic

NB Where no region or vacancy rate is listed, insufficient surveys were received in order to calculate a reliable statistic

Source: REIQ Residential Rental Survey

Options for property buyers:you can guarantee it

For information on Deposit Guarantees, contact Kimbley Mustar, Deposit Power QLD State Manager on 0418 230 693 or go to www.depositpower.com.au

Deposit Power is Australia’s leading provider of Deposit Guarantees. Having issued the first Deposit Guarantee in the Australian market in 1989, Deposit Power has now assisted over 750,000 Australians to purchase property.

Deposit Guarantees substitute for a cash deposit when purchasing residential property and can be used by investors, first homebuyers, people buying and selling simultaneously and for extended settlement contracts such as off the plan or vacant land purchases.

Deposit Power is part of Vero Insurance Limited, one of Australia’s largest and most suc-cessful intermediated general insurance companies.

2010 is drawing to a close and currently presents a ‘buyers’ market’ for Queenslanders. Supply of homes is strong and prices are reported to have eased in parts of the state.

Interest rates rose in November however sales appear to be steady and the current market conditions often encourage existing homeowners to upgrade their homes and take advantage of softer prices.

According to Keith Levy, National Manager of Deposit Power, people buying and selling homes simultaneously often have their cash tied up in existing property, and require 100% of the finance.

“Sometimes issues arise when customers have sold an existing property, but just can’t yet access the sale proceeds to come up with a deposit,” Mr Levy said.

“Deposit Guarantees provide a way for these qualified buyers to secure the property now and pay the full purchase price (including the deposit) at settlement.

“They’re ideal for asset-rich, cash-poor customers who wish to invest in property and already own their own home.

“Deposit Guarantees are quick and easy to arrange and can also be cost effective – they can allow investors to keep earning interest on their savings or investments, and provide an alternative to paying a penalty to break fixed investments or selling shares.”

Deposit Guarantees can also be an effective tool for real estate agents to attract qualified and committed buyers, and protect their commission.

“Deposit Power Guarantees are only issued after the purchaser has demonstrated their financial ability to complete the sale, so this can also give the seller more peace of mind that the sale will go through," Mr Levy said.

“Accepting a 10 per cent deposit also ensures that if settlement doesn’t happen, the seller has enough to cover the real estate agents’ entitled commission.”

Deposit Guarantees can also be particularly useful for investors or buyers attending auctions, giving the buyer the flexibility to attend multiple auctions, and hand their Deposit Guarantee over to the Real Estate agent immediately after the auction.

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Queensland Market Monitor is a quarterly, electronic publication entirely focused on residential sales and rental research data for regions throughout the State, on a suburb-by-suburb basis. It meets the high standards for accurate data and reliable analysis that you have come to expect from the REIQ.

Each edition includes:

• Median sale prices for houses, units/townhouses and land; • Median weekly rents for houses and units/townhouses; • Gross rental yields; • Rental vacancy rates (twice a year); • Useful charts and graphs; • Detailed comparisons; and • Analytical commentary.

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