2014 REIQ Market Monitor – June Quarter by First National Nerang

REIQ

QUEENSLAND MARKET MONITOR ISSUE 23

ISSUE 23

JUNE QTR 2014

your state-wide property research guide suburb by suburb

QMM STATE-WIDE COMMENTARY

SEQ HOUSE MARKET TAKES THE LEAD Sales activity across Queensland over the June quarter was up across all property types with increases in preliminary sales for house, units and townhouses; and an impressive 37 per cent in vacant land sales.

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This increase in sales activity was predominantly recorded in the southeastern corner of the state. The Brisbane Local Government Area led the charge with an increase of 19 per cent, closely followed by Logan, which was up 18 per cent. Key sales market indicators also point to Brisbaneâ&#x20AC;&#x2122;s unusually robust winter sales being replicated in a number of real estate markets throughout the State amid increasing demand, sales volumes and prices.

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STATE-WIDE SUMMARY

REIQ

CONTINUED

HOUSE MARKET

The strongest performing sectors of the Brisbane house market were at opposite ends of the spectrum, with increases in the sub-$350,000 and $1 million price brackets helping the city to its fifth consecutive quarter of growth.

TABLE OF CONTENTS Queensland market update 1

On the Gold and Sunshine Coasts, sales activity remained relatively stable over the quarter amid rebounding confidence in both markets. The Gold Coast median house price rose three per cent to $515,000 over the June quarter, with median prices on the Sunshine Coast up 0.2 per cent to $468,000.

State-Wide Summary (cont’d) 2

REIQ Explanatory notes

Brisbane market updates Brisbane City

Greater Brisbane

The Gold Coast’s prestige acreage market also had a strong June quarter, while the new smaller council area of Noosa recorded very strong growth, with house sales up 22 per cent.

Regional market updates Gold Coast

Toowoomba continued its five year trajectory of growth, with sales activity in the Garden City up five per cent for the June quarter on the back of a thriving local economy and strong buyer activity.

Toowoomba 19 Sunshine Coast

Fraser Coast

Sales in Queensland’s other two major tourism centres the Fraser Coast and Cairns - also fared well in the June quarter, with house sales up seven per cent and four per cent respectively.

Bundaberg 25 Gladstone 27

While the state’s total house sales were up across all price points, the upper end of the market continued to perform strongest. Sales in the million dollar plus price point were up 28 per cent across Queensland, along with an increase of 20 per cent in the $500,000-plus range.

Rockhampton 28 Mackay 30 Townsville 32 Cairns 34 Other Regional

On The Market Indicators

36 37

Total Listings % Stock on Market Average Vendor Discount Average Days on Market

Rental Market Indicators Gross rental yields Residential vacancy rates

... we are beginning to see markets stabilising in Rockhampton, Gladstone and Mackay.

Million dollar sales in the unit market also strengthened, with preliminary sales numbers across Queensland up around 10 per cent. Some of the best news to emerge is that we are beginning to see markets stabilising in Rockhampton, Gladstone and Mackay. These three regional centres saw their house markets peak between late 2011 and early 2012. However, sales activity has been slowly decreasing ever since - except for a brief spike in sales when the stamp duty exemption for principal places of residence was reinstated in July 2012. Rockhampton is faring best of these three regional centres, with some particularly encouraging signs beginning to emerge at the lower end of its house market. Sales volumes in Gladstone recovered in the June quarter, posting a seven per cent increase. Mackay’s house market recorded the largest decline in sales activity, down 24 per cent compared to the March quarter, while the median house price eased just 2.5 per cent.

2 QUEENSLAND MARKET MONITOR

STATE-WIDE SUMMARY

QUEENSLAND- -PRICEPOINTS PRICEPOINTS QUEENSLAND QUEENSLAND - PRICEPOINTS QUEENSLANDHOUSE HOUSESALES SALES(p) (p) QUEENSLAND QUEENSLAND HOUSE SALES (p) MAR1414 MAR MAR 14 3826 35763826 3576 3826 3576

3218 3218 28653218 2865 2865

QUEENSLANDUNIT UNITSALES SALES(p) (p) QUEENSLAND QUEENSLAND SALES MAR 14UNIT JUN 14 (p)

JUN1414 JUN JUN 14

MAR 14 MAR 14

3485 3485 28963485 2896 2896

991 991 858991 858 858

JUN 14 JUN 14 1713 1713 1579 1713 1579 1411 1579 1411 1354 1354 1411 1354

951 951 811951 811 811

383 299383 299 299 383 <$350,000 <$350,000 <$350,000

$350,000+ $350,000+ $350,000+

$500,000+ $500,000+ $500,000+

$1m+ $1m+ $1m+

(p) Preliminary sales. Source: REIQ, data provided by RP Data. (p) Preliminary sales. Source: REIQ, data provided by RP Data. (p) Preliminary sales. Source: REIQ, data provided by RP Data.

1122 1122 1122

120 107120 107 107 120 <$250,000 <$250,000

QUEENSLANDLAND LANDSALES SALES(p) (p) QUEENSLAND QUEENSLAND LAND SALES (p) MAR 14 JUN 14 MAR 14 MAR 14

JUN 14 JUN 14

791 791 791

214 195 214 195 195 214 <$250,000 <$250,000

112 8484 112 84 112

$250,000+ $250,000+

$350,000+ $350,000+

46 2929 46 29 46 $500,000+ $500,000+

<$250,000 $250,000+ $500,000+ (p) Preliminary sales. Source: REIQ, data $350,000+ provided by RP Data. (p) Preliminary sales. Source: REIQ, data provided by RP Data. (p) Preliminary sales. Source: REIQ, data provided by RP Data.

LGA

$350,000+ $350,000+

$500,000+ $500,000+

$1m+ $1m+ $1m+

12MTHS ENDING MAY-14

HOUSES (ALL)

LGA

AVERAGE AVERAGE SALES % STOCK DAYS ON DAYS ON VENDOR VENDOR MAKING ON MARKET MARKET DISCOUNT DISCOUNT PROFIT MARKET

SOUTHEAST QLD BRISBANE CITY IPSWICH LOGAN MORETON BAY REDLAND GOLD COAST SUNSHINE COAST # REGIONAL QLD BUNDABERG CAIRNS # FRASER COAST GLADSTONE MACKAY ROCKHAMPTON # TOOWOOMBA TOWNSVILLE

4 4 1515 4 15 $1m+ $1m+ $1m+

SEE PAGE 37 FOR FULL ON THE MARKET STATISTICS BY LOCAL GOVERNMENT AREA JUNE QUARTER 2014

$250,000+ $250,000+

HOUSES (<2400) MEDIAN QTRLY SALE PRICE CHANGE

6.4% 6.8% 7.1% 7.3% 8.4% 8.0% 9.2%

59 85 77 74 71 74 91

-5.6% -6.7% -5.8% -5.6% -5.7% -6.1% -6.0%

6.3% 10.5% 10.8% 9.1% 9.5% 9.1% 9.7%

70 132 98 106 92 95 107

-4.9% -6.9% -6.7% -5.8% -5.4% -7.1% -6.5%

8.5% 6.8% 9.4% 7.9% 7.4% 8.4% 8.5% 7.1%

83 75 110 117 91 91 64 89

-7.0% -6.1% -7.5% -9.8% -8.5% -7.7% -4.6% -7.4%

11.1% 8.0% 10.7% 8.3% 8.3% 10.5% 9.1% 10.5%

125 101 133 130 122 108 74 126

-7.4% -7.8% -7.4% -11.9% -11.1% -6.4% -4.3% -9.6%

UNITS & TOWNHOUSES SALES ACTIVITY TREND

MEDIAN SALE PRICE

UNITS (ALL)

QTRLY CHANGE

VACANT LAND (<2400)

SALES MEDIAN ACTIVITY SALE PRICE TREND

QTRLY CHANGE

SALES ACTIVITY TREND

SOUTHEAST QLD BRISBANE (SD)

$470,000

2.2%

$390,000

1.3%

$215,700

-1.5%

$335,750

4.9%

$175,000

1.7%

BRISBANE CITY

$575,000

2.7%

$417,500

0.6%

IPSWICH

$300,000

-0.6%

$289,900

26.0%

LOGAN

$344,250

-2.2%

$230,000

1.1%

STEADY

$195,000

-0.3%

MORETON BAY

$387,500

1.4%

$320,000

3.7%

$215,000

1.6%

DOWN

REDLAND

$469,000

2.0%

STEADY

$335,000

3.9%

$70,000

75.0%

GOLD COAST

$515,000

3.0%

STEADY

$350,000

0.0%

$235,000

1.7%

SUNSHINE COAST #

$468,000

0.2%

STEADY

$348,950

-0.2%

STEADY

$235,000

2.6%

BUNDABERG

$284,000

5.4%

STEADY

$267,500

14.1%

DOWN

$144,000 12.9%

CAIRNS #

$381,000

0.3%

STEADY

$222,000

5.7%

$170,000

FRASER COAST

$285,000

-5.0%

$255,000

-5.6%

STEADY

$130,000 -13.3%

GLADSTONE

$390,000

-6.6%

STEADY

$330,000

2.2%

STEADY

$170,000 -12.8%

MACKAY

$395,000

-2.5%

DOWN

$305,000

-3.5%

STEADY

$193,000 -13.1%

STEADY

$170,500

STEADY

$160,834

$156,000

-6.0%

REGIONAL QLD

ROCKHAMPTON #

$316,500

-1.1%

TOOWOOMBA

$336,000

3.4%

TOWNSVILLE

$360,000

-1.1%

DOWN

$417,369

45.2%

$272,250

0.8%

DOWN

$270,000

1.9%

-7.1%

DOWN f

UP STEADY UP

N/A

-6.5%

JUNE QUARTER 2014

STATE-WIDE SUMMARY

VACANCY RATES LGA SOUTH EAST QLD BRISBANE CITY IPSWICH CITY LOGAN CITY MORETON BAY REDLAND CITY GOLD COAST CITY SUNSHINE COAST# REGIONAL QLD BUNDABERG CAIRNS# FRASER COAST GLADSTONE MACKAY ROCKHAMPTON# TOOWOOMBA TOWNSVILLE CITY

30-JUN-14

TREND

2.4% 3.0% 2.8% 1.7% 1.5% 1.7% 1.1%

STEADY UP UP STEADY STEADY DOWN STEADY

4.0% 2.0% 2.5% 5.6% 6.8% 4.8% 1.5% 5.4%

DOWN STEADY STEADY DOWN DOWN DOWN STEADY UP

CONTINUED

UNIT MARKET

Brisbane unit and townhouse sales are rising strongly, with a steady pipeline of townhouse developments contributing to a 20 per cent rise in sales in the June quarter. The Gold Coast saw a strong increase in sales, which rose 10 per cent in the June quarter. The Sunshine Coast market is also on an upward spiral, with sales up 39 per cent in the last 12 months. Noosa posted strong growth, with unit and townhouse sales up 31 per cent. The two standout regions for unit and townhouse sales were Ipswich and Townsville, with sales up 40 per cent and 37 per cent respectively. Unit and townhouse sales rose on the Fraser Coast, with most activity occurring in the $250,000 to $350,000 price bracket, fuelled by strong demand for waterfront properties.

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

MEDIAN WEEKLY RENTS - JUN-14 LGA 3 BED H 2 BED F SOUTH EAST QUEENSLAND BRISBANE CITY $410 $0 $395 $5 IPSWICH CITY $300 $10 $255 $15 LOGAN CITY $335 $5 $265 $15 MORETON BAY $340 $10 $270 $0 REDLAND CITY $380 $0 $325 $30 GOLD COAST CITY $430 $10 $360 $10 SUNSHINE COAST# $400 $20 $330 $20 REGIONAL QLD BUNDABERG $285 $0 $225 -$5 CAIRNS# $350 $20 $275 $10 FRASER COAST $280 $10 $240 $15 GLADSTONE $330 -$150 $280 -$140 MACKAY $350 -$80 $275 -$75 ROCKHAMPTON $300 -$50 $240 -$30 TOOWOOMBA $300 $5 $250 $20 TOWNSVILLE CITY# $330 -$10 $270 -$10 (-) steady (u) up (d) down * change greater than $20 " Median rents for 2-bed townhouses

3 BED T $400 $310 $335 $330 $385 $380 $370

-$5 $5 $10 $0 $5 $5 $0

$300 $250" $310 $360 $370 N.A. $320 $270"

$20 $0 $10 -$160 -$80 N.A. $25 -$10

GROSS RENTAL YIELDS - JUN-14 LGA HOUSES SOUTH EAST QUEENSLAND BRISBANE CITY 3.7% IPSWICH CITY 5.2% LOGAN CITY 5.1% MORETON BAY 4.6% REDLAND CITY 4.2% GOLD COAST CITY 4.3% SUNSHINE COAST 4.4% REGIONAL QLD BUNDABERG 5.2% CAIRNS 4.8% FRASER COAST 5.1% GLADSTONE 4.4% MACKAY 4.6% ROCKHAMPTON 4.9% TOOWOOMBA 4.6% TOWNSVILLE CITY 4.8%

UNITS DOWN STEADY STEADY STEADY STEADY STEADY STEADY

4.9% 4.6% 6.0% 4.4% 5.0% 5.3% 4.9%

STEADY UP* STEADY DOWN STEADY STEADY UP*

UP STEADY DOWN STEADY DOWN STEADY DOWN STEADY

4.4% 6.4% 4.9% 4.4% 4.7% 3.0% 4.8% 5.2%

DOWN UP* DOWN N/A UP* DOWN* DOWN* DOWN*

(-) steady (u) up (d) down * change greater than 0.5 pts 4 QUEENSLAND MARKET MONITOR

Bundabergâ&#x20AC;&#x2122;s unit and townhouse market eased in the June quarter, with conditions also subdued in Gladstone and Mackay. However, sales in Rockhampton rose two per cent, spurred by sales in the $250,000 to $350,000 price bracket. Toowoomba unit sales rose three per cent in the June quarter, with Cairns recording healthy sales growth of 17 per cent. RENTAL MARKET

While SEQ and the tourism centres continue to exhibit tight rental conditions with vacancy rates remaining below the healthy market level of 3.5 per cent, these markets are beginning to show increasing vacancies. Our regional centres continue to struggle, particularly those in the mining areas where FIFO employees have become an increasing trend, meaning significantly reduced demand for local rental properties. Median rents from the RTA continue to soften in the likes of Gladstone, Rockhampton and Mackay. Toowoomba however continues record strong property market conditions both in sales and rentals, with increased investor activity reported. Our tourism centres continue to go from strength to strength and despite increasing activity in their sales markets, their rental markets still remain some of the tightest across the state Gross yields for a number of regions were down in the June quarter on the back of easing median rents. In Brisbane, strong median house price growth relative to stable median rents, saw the overall gross yield fall to 3.7 per cent.

SEE PAGE 38 FOR FULL RENTAL MARKET STATISTICS BY LOCAL GOVERNMENT AREA

REIQ RESEARCH EXPLANATORY NOTES SALES DATA

PRICE POINT GRAPHS

All figures for the most recent quarterly and yearly periods are preliminary only and subject to further revision as additional sales records become available (see Research Methodology online at reiq.com).

All data contained within these graphs represent preliminary sales numbers and are subject to revision as additional sales records become available.

As of the June quarter 2013, all sales data includes "Recent Sales" as advised by real estate agents as well as official records as advised by DNRM. As such comparisons with figures published prior to the June quarter 2013 should be done with caution. A median sale price is derived by arranging a set of sale prices from lowest to highest and then selecting the middle value within this set (ie the 50th percentile, where half of recorded sales were less and half were higher than the median). Only suburbs and regions to record sufficient sales numbers are published. N/A (LGA) Brisbane (SD)

Due to insufficient sales numbers (as at the time of data extraction) no median sale price has been calculated Local Government Area Brisbane Statistical Division which comprises the LGAâ&#x20AC;&#x2122;s of Brisbane City, Ipswich City, Logan City, Moreton Bay Regional and Redland City

Figures based upon the new council boundaries

Indicates acreage sales only (with land size greater than 2400m2). All other data is based upon sales with a land size of less than 2400 m2

The data excludes any recent sales transactions where the contract sale price was not disclosed. The intention of these graphs is to gauge trends in sales activity between periods in lieu of actual final sales results Source: REIQ, data obtained from RPData (www.rpdata.com.au). Enquiries about the reproduction of part or all of the information should be directed to the Corporate Affairs Division, REIQ.

GROSS RENTAL YIELDS

House yields are based upon REIQ median house prices and RTA weighted median weekly rent for houses. Unit yields are based upon REIQ median unit & townhouse prices and RTA weighted median weekly rent for units and townhouses. VACANCY RATES

All figures are based upon all residential rentals as at the end of each quarterly period, as submitted by REIQ accredited agents. A vacancy rate of 3 per cent is generally considered to indicate equilibrium of supply and demand within a rental market. N/A

Due to insufficient information received no vacancy rate has been calculated

Median price changes influenced by varying quality of stock sold

Source: REIQ Residential Rental Survey

Median price changes influenced by varying quantities of new properties sold

ON THE MARKET INDICATORS

Median price changes influenced by varying quantities of waterfront properties sold

Medians affected by varying quantities of townhouses sold

Sales volumes and median affected by QLD government sales in the area eg ULDA, NRAS sales.

Median affected by high yielding property sales

Median price changes influenced by the varying volumes of sales between the Mainland and Bay Islands areas

RENTAL DATA

All median weekly rents are published on a postcode basis, as calculated by the Residential Tenancies Authority, where sufficient data is available. Caution should be exercised when interpreting any median rental price data based upon a relatively small number of new bond lodgements. Figures for the new LGA's available for the current quarter only. L N.A.

Listed localities (or suburbs) represent one of potentially several that fall within that postcode. Due to insufficient new bond lodgements, no median rental price has been calculated

Source: Residential Tenancies Authority, Rental Bond lodgements (www.rta.qld.gov.au)

At the time of publication, latest information available was for the 12 months ending the month prior to the current period. "Days on Market" is calculated as the average number of days it has taken to sell those properties sold by private treaty sale during the 12 month period. The calculation excludes auction listings and listings where an asking price is not advertised. The days on market calculation uses the contract date on the property compared with the first advertised date. "Vendor Discount" is the average difference between the contract price on a property and the first advertised price. The figure is expressed as a percentage and is an average of all private treaty sales which sold for less than their initial asking price during the last 12 months. Auction listings and listings without an advertised asking price are excluded from the calculation. "Total Listings" is the total unique number of properties that have been advertised for sale and captured by RP Data over the 12 month period. To be included in the count, the listings have to be matched to an actual address. "% Stock on Market" is the percentage of dwellings within the suburb or local government area that have been listed for sale over the past year. Source: RP Data (www.rpdata.com.au)

JUNE QUARTER 2014

BRISBANE MARKET UPDATES

BRISBANE CITY Over the June quarter 2014, the Brisbane residential property market recorded a strong increase in sales activity for a second year running. With June quarter sales numbers typically declining and buyer and vendor activity at its lowest during the cooler months of the year, these results are strong indicators of continued growth in Brisbane’s housing market.

BRISBANE CITY HOUSE SALES (p) MAR 14

1401

In Brisbane’s house market, it was the sub-$350,000 price bracket that was the star performer, up 48 per cent, with the million-dollar-plus price bracket coming second, up 43 per cent. In sales volumes terms however, the $500,000plus bracket continues to account for the majority of sales (about 60 per cent) and was up 30 per cent compared to the March quarter. Brisbane’s overall median house sale price was up 2.7 per cent to $575,000. Since holding steady over the previous few years, Brisbane’s median house price has been trending upwards for five consecutive quarters now, with this June quarter being the second strongest increase to date. Days on market for houses are down from an average 90 twelve months ago to 59 for the year ending May, making the Brisbane house market the fastest selling of all major regions. Top performing suburbs were mixed with the likes of Camp Hill, Paddington and Inala topping the list with over 20 extra house sales compared to the March quarter. Demand for prestige property isn’t limited to the riverside suburbs, with acreage sales seeing the suburbs of Burbank and Chandler break the million dollar mark. Only five suburbs in Brisbane recorded a median over $1 million for the year ending June. UNIT MARKET

Brisbane’s unit and townhouse market, which typically lags the house market by around six months, has now joined the rising market with preliminary sales numbers up 20 per cent over the June quarter. Strong sales activity was recorded in the $350,000-plus and sub-$250,000 price points, which were both up around 30 per cent, while the million-dollar-plus market saw 45 preliminary sales recorded, up from 30 during the March quarter. While the inner city apartment market has attracted a lot of attention, top sales activity over the year to June was largely found outside of inner Brisbane with eight out of the ten top performing suburbs located in the middle to outer ring suburbs.

770

722 112

166

<$350,000

$350,000+

$500,000+

$1m+

(p) Prelimin Source: REIQ

BRISBANE SURROUNDS HOUSE SALES (p) INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND BRISBANE CITY SALES MAR 14 UNIT JUN 14 (p) 973

1154

972

MAR 14 JUN 14 1157 860 651

472 454 409 371

330 363 44

18 18 30 45

<$350,000

$350,000+

$500,000+

(p) Preliminary. See explanatory notes for further information. <$250,000 $350,000+ Source: REIQ, data provided$250,000+ by RP Data. (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

$1m+

$500,000+

$1m+

GOLD COAST HOUSE SALES (p)

(p) Prelimina Source: REIQ (p) Prelimin Source: REI

BRISBANE SURROUNDS UNIT MAR 14 JUN 14SALES (p) INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND 548 (p) BRISBANE CITY LAND SALES 182 197 43 70 13

MAR480 14 480 260 MAR 14 207 59

JUN 14 490 JUN 14

40 38 99 111

<$350,000

40 46

43 $350,000+

$500,000+

<$250,000 $250,000+ $350,000+ $500,000+

(p) Preliminary. See explanatory notes for further information. <$250,000 $250,000+ $350,000+ (p) Preliminary. Seeprovided explanatory notes for further information. Source: REIQ, data by RP Data. (p) Preliminary. Seeprovided explanatory Source: REIQ, data by RPnotes Data.for further information. Source: REIQ, data provided by RP Data.

77 9 3

31 84 5

$1m+

$1m+ $500,000+

(p) Prelimin (p) Prelimin Source: REIQ (p) Prelimin Source: REI Source: REI

GOLD COAST&UNIT SALES (p) SALES (p) SUNSHINE COAST NOOSA HOUSE BRISBANE SURROUNDS LAND SALES (p)

MAR JUN BAY 14 & REDLAND Includes IPSWICH,14 LOGAN,Chermside MORETON The high-rise unit market continues to grow MARin JUN MAR 1414 JUN 1414 520 in popularity while new townhouse complexes at Wynnum 440 71 437 451contributed to strong West, Carina and447Nundah391 have 346 53 311 sales volumes. 273

241

290

235 Meanwhile the acreage suburb of Ellen Grove recorded 21 strong sales in a new townhouse development, a sign that 81 79 5 46 3 37 36trend infill development is likely to become an increasing 31 as developable land close to the CBD becomes scarce.

$250,000+ $350,000+ $500,000+ <$250,000 $350,000+ $500,000+ $1m+ <$350,000 $250,000+ $350,000+ $500,000+ $1m+

(p) Preliminary. See explanatory notes for further information. RENTAL MARKET (p) Preliminary. See explanatory notes for Source: REIQ, data by RP Data. Preliminary. Seeprovided explanatory notes for further furtherinformation. information.

Source: REIQ, REIQ, data data provided provided by by RP RP Data. Data.

At the end of JuneGOLD Brisbane’s rental market COAST LAND SALES (p) recorded a vacancy rate or 2.4 per cent, up slightly from the end SUNSHINE COAST & NOOSA MAR 14 JUN UNIT 14 SALES (p) of March. 88 MAR 14 JUN 14

(p) Prelimin Source: REIQ (p) (p) Prelimin Prelimin Source: Source:REI REI

Inner Brisbane’s vacancy rate was up 0.3 percentage 64 197with listings spending more than 4 points to 3.4 per181 cent, 164 177 weeks on the market and 33 less than 2 applicants per rental 26 listing. Meanwhile Brisbane’s middle outer suburbs 109to105 105 16 79 tightened slightly to 1.7 per cent,5with 8time on6 market largely 2 to 4 weeks and 2 to 5 applicants per listing. 23 27 <$250,000

$250,000+

$350,000+

$500,000+

Demand for rental properties outside of the inner city is (p) Preliminary. See explanatory notes for further information. Source: REIQ, provided by RP Data. by affordability issues which are said to<$250,000 bedata largely driven $250,000+ $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notesmove for furtherfurther information. out, which on top of the seeing more tenants Source: REIQ, data provided by RP Data. COAST & SALES (p) increased SUNSHINE investor activity isNOOSA addingLAND to the available rental MAR 14 JUN 14 stock in the inner suburbs. 71

6 QUEENSLAND MARKET MONITOR

235

164

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

Increasing median prices along with lower days on market and reduced average vendor discounting are further signs that the Brisbane market is into recovery phase. HOUSE MARKET

JUN 14 1840

50 35

(p) Prelimin Source: REI

BRISBANE MARKET UPDATES

SALES MARKET - HOUSES SUBURB

NUMBER OF SALES JUN-14

SALES MARKET - HOUSES (CONT’D) MEDIAN SALE JUN-14

QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

1YR 5YR CHANGE CHANGE

SUBURB

NUMBER OF SALES JUN-14

MEDIAN SALE JUN-14

QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

1YR 5YR CHANGE CHANGE

BRISBANE CITY (LGA)

3,183

$575,000

2.7%

$560,000

7.7%

17.9%

JAMBOREE HEIGHTS

$470,000

N/A

$437,500

9.4%

5.9%

BRISBANE CITY (LGA) ^ ~

$870,500

10.5%

$875,000

2.9%

JINDALEE

$483,250

5.6%

$470,000

1.0%

4.8%

ACACIA RIDGE

$335,000

3.7%

$321,000

8.8%

1.9%

KANGAROO POINT

N/A

$725,000

12.4%

12.2%

ALBION

N/A

$696,000

N/A

KARANA DOWNS

N/A

$384,000

-4.0%

-0.3%

ALDERLEY

$688,300

4.7%

$650,000

5.6%

21.2%

KARANA DOWNS ^

N/A

$453,000

0.7%

0.1%

ALGESTER

$453,000

5.2%

$435,500

8.2%

12.0%

KEDRON ~

$640,000

7.6%

$600,000

17.4%

25.0%

ANNERLEY ~

$692,500

1.1%

$630,000

18.9%

19.3%

KELVIN GROVE

$713,500

N/A

$695,000

8.6%

13.8%

ASCOT ~

$1,185,000

N/A

$1,147,500

18.5%

5.5%

KENMORE

$565,000

-4.2%

$570,000

6.9%

16.1%

ASHGROVE

$752,000

-4.2%

$770,000

9.6%

22.7%

KENMORE HILLS

N/A

$663,500

N/A

ASPLEY

$533,000

6.8%

$515,000

8.4%

15.7%

KEPERRA

$439,000

-2.4%

$433,000

6.9%

8.6%

AUCHENFLOWER

N/A

$831,000

-3.1%

12.3%

KURABY

$553,250

-0.3%

$570,000

7.5%

17.5%

BALD HILLS

$381,000

-2.0%

$379,000

5.6%

3.0%

LOTA

$525,000

N/A

$510,500

-3.7%

14.2%

BALMORAL

$930,000

2.2%

$875,000

11.8%

MACGREGOR

$615,000

1.3%

$587,500

11.4%

23.7%

BANYO

$418,500

-2.1%

$430,000

8.3%

12.9%

MACKENZIE

N/A

$641,944

4.8%

N/A

BARDON

$903,000

9.1%

$800,000

9.0%

19.0%

MANLY ~

N/A

$670,000

16.5%

17.6%

BELLBOWRIE ~

$427,000

-11.8%

$450,000

6.5%

5.8%

MANLY WEST ~

$483,750

-6.1%

$486,250

4.6%

8.1%

BELMONT

N/A

$550,000

5.3%

2.8%

MANSFIELD

$585,000

3.5%

$536,750

12.6%

21.4%

BOONDALL

$425,000

-0.7%

$420,000

5.0%

3.7%

MCDOWALL

$589,750

-4.1%

$556,000

0.2%

12.4%

BRACKEN RIDGE

$412,500

0.6%

$418,000

3.2%

3.7%

MIDDLE PARK

$540,000

N/A

$525,000

7.4%

9.4%

BRIDGEMAN DOWNS

$697,500

-4.5%

$689,500

6.1%

14.9%

MITCHELTON

$541,000

-2.3%

$540,500

7.0%

16.2%

BRIGHTON

$440,000

3.5%

$425,000

3.7%

10.4%

MOGGILL

$515,000

N/A

$506,250

4.4%

8.9%

BULIMBA ~

$1,135,000

-9.9%

$1,058,500

16.3%

34.8%

MOOROOKA

$550,000

3.8%

$525,000

5.2%

15.5%

BURBANK ^

N/A

$1,025,000

N/A

MORNINGSIDE ~

$619,000

-7.6%

$620,000

6.0%

22.5%

CALAMVALE ~

$588,000

10.9%

$548,000

7.5%

15.4%

MOUNT CROSBY ^

N/A

$550,000

10.0%

6.8%

CAMP HILL ~

$672,022

-0.4%

$717,000

15.6%

30.4%

MOUNT GRAVATT ~

$554,500

-7.6%

$555,000

12.1%

18.5%

CANNON HILL ~

$700,000

10.2%

$636,086

15.7%

32.0%

MOUNT GRAVATT EAST

$540,000

-5.4%

$535,000

13.8%

24.4%

CARINA

$535,000

2.9%

$536,000

9.9%

16.5%

MOUNT OMMANEY

N/A

$765,000

N/A

CARINA HEIGHTS

N/A

$574,000

9.9%

23.4%

MURARRIE

N/A

$535,000

13.8%

17.6%

CARINDALE

$716,500

7.7%

$730,000

12.5%

17.4%

NEW FARM ~

$1,300,000

17.6%

$1,250,000

28.9%

44.9%

CARSELDINE

$560,000

7.7%

$530,000

3.4%

7.3%

NEWMARKET

$899,500

N/A

$717,500

7.7%

17.2%

CHANDLER ^

N/A

$1,340,000

N/A

NORMAN PARK

$770,893

8.0%

$732,500

9.3%

18.1%

CHAPEL HILL

$659,250

-5.6%

$655,000

7.6%

12.0%

NORTHGATE ~

$620,000

12.5%

$553,000

6.3%

15.8%

CHELMER ~ f

$1,215,000

86.9%

$800,000

-15.6%

15.1%

NUDGEE ~

$570,000

15.7%

$553,500

6.4%

22.5%

CHERMSIDE ~

$570,000

17.5%

$505,300

10.3%

17.0%

NUNDAH ~

$707,500

15.9%

$618,000

1.3%

23.7%

CHERMSIDE WEST

$477,000

8.4%

$470,000

9.3%

7.8%

OXLEY

$475,000

6.7%

$460,000

4.5%

12.2%

CLAYFIELD

$950,000

4.7%

$890,000

11.3%

21.1%

PADDINGTON ~

$890,000

-10.1%

$890,000

13.2%

33.8%

COOPERS PLAINS

$478,000

N/A

$470,000

11.9%

19.0%

PARKINSON

$547,500

-0.5%

$549,000

7.5%

18.4%

COORPAROO

$720,000

2.1%

$697,500

9.8%

21.1%

PULLENVALE ^ ~

N/A

$918,000

-2.9%

-10.9%

CORINDA

N/A

$556,000

4.4%

-5.8%

RED HILL

$730,000

2.8%

$720,000

9.7%

15.7%

DARRA

$355,000

N/A

$340,000

8.3%

1.1%

RIVERHILLS

$432,000

N/A

$432,000

5.6%

8.3%

DEAGON

$420,000

9.9%

$370,000

-5.0%

3.6%

ROBERTSON ~

$695,000

-11.4%

$710,000

-1.8%

15.3%

DOOLANDELLA

N/A

$411,000

13.2%

17.6%

ROCHEDALE

N/A

$742,000

N/A

DREWVALE ~

$515,000

11.5%

$471,000

0.2%

7.4%

ROCKLEA

N/A

$335,000

11.7%

-6.4%

DURACK

$346,500

-3.4%

$358,650

13.3%

7.1%

RUNCORN

$518,000

7.4%

$463,100

7.1%

14.3%

EAST BRISBANE

$727,500

N/A

$689,000

4.2%

13.0%

SALISBURY

$500,000

3.1%

$475,000

9.5%

15.9%

EIGHT MILE PLAINS

$635,000

-2.5%

$640,000

11.9%

21.9%

SANDGATE ~ f

$471,000

-24.0%

$560,000

9.8%

21.7%

ENOGGERA

$570,000

-1.7%

$575,000

3.5%

13.4%

SEVEN HILLS

$717,000

N/A

$641,000

7.1%

23.3%

EVERTON PARK

$524,170

1.6%

$501,000

6.1%

16.5%

SEVENTEEN MILE ROCKS ~

$487,500

-22.8%

$607,000

12.0%

34.1%

FAIRFIELD ~

$700,000

N/A

$631,000

16.3%

8.8%

SHERWOOD ~

$770,000

21.8%

$725,500

5.6%

9.9%

FERNY GROVE

$575,000

3.6%

$539,500

13.0%

15.4%

SHORNCLIFFE ~

N/A

$730,000

17.7%

14.1%

FIG TREE POCKET ~

$820,000

-6.3%

$855,000

13.2%

43.5%

SINNAMON PARK

N/A

$580,000

3.2%

0.9%

FITZGIBBON

$416,500

N/A

$399,500

6.5%

-3.7%

SPRING HILL ~

$1,025,000

N/A

$928,500

15.0%

N/A

FOREST LAKE

$419,000

4.4%

$394,000

3.7%

6.5%

ST LUCIA

$908,000

N/A

$970,000

8.2%

19.7%

GAYTHORNE

N/A

$545,000

-1.6%

4.3%

STAFFORD

$545,000

9.0%

$500,000

10.6%

11.1%

GEEBUNG ~

$476,000

-3.1%

$460,000

16.5%

13.6%

STAFFORD HEIGHTS

$492,500

-0.7%

$496,000

9.3%

15.9%

GORDON PARK

$737,500

N/A

$655,000

9.2%

14.7%

STRETTON ~

$675,000

-20.7%

$675,000

2.5%

8.2%

GRACEVILLE

$651,000

0.2%

$700,000

-2.1%

16.7%

SUNNYBANK

$601,000

-1.9%

$595,000

14.0%

19.0%

GRANGE ~

$860,000

17.0%

$750,000

11.9%

21.0%

SUNNYBANK HILLS ~

$622,000

12.1%

$550,500

12.3%

28.0%

GREENSLOPES

$640,000

0.0%

$637,500

13.8%

24.5%

TAIGUM

N/A

$437,500

2.2%

6.1%

HAMILTON ~ f

$872,500

N/A

$970,000

-32.2%

-19.2%

TARINGA

N/A

$770,000

2.9%

10.2%

HAWTHORNE ~

$1,133,500

14.8%

$1,000,000

19.0%

44.9%

TARRAGINDI

$593,125

3.1%

$585,000

6.4%

17.0%

HEATHWOOD

N/A

$537,000

-5.0%

7.4%

THE GAP

$555,000

-2.6%

$567,250

3.8%

14.0%

HEMMANT

N/A

$413,500

8.2%

3.2%

TINGALPA

$468,000

6.6%

$450,000

3.4%

8.4%

HENDRA ~

$870,000

16.0%

$822,000

14.8%

25.4%

TOOWONG

$675,000

-1.3%

$706,000

4.6%

-2.6%

HIGHGATE HILL

$812,000

N/A

$814,000

7.1%

8.5%

UPPER KEDRON

$540,000

-1.9%

$535,000

1.9%

4.9%

HOLLAND PARK

$597,500

2.1%

$580,000

10.5%

18.2%

UPPER MOUNT GRAVATT

$542,500

4.5%

$520,000

14.9%

21.6%

HOLLAND PARK WEST ~

$605,250

11.1%

$575,000

5.2%

12.7%

VIRGINIA

$490,000

N/A

$487,000

14.6%

18.8%

INALA

$290,000

1.8%

$287,000

4.4%

-1.0%

WAKERLEY ~

$655,000

-8.5%

$655,000

4.0%

17.0%

INDOOROOPILLY

$680,000

9.7%

$700,000

-1.8%

13.8%

WAVELL HEIGHTS

$575,000

7.3%

$550,000

5.8%

17.8%

JUNE QUARTER 2014

BRISBANE MARKET UPDATES

SALES MARKET - HOUSES (CONT’D) SUBURB

NUMBER OF SALES JUN-14

MEDIAN SALE JUN-14

QTRLY CHANGE

SALES MARKET - UNITS & TOWNHOUSES (CONT’D) MEDIAN SALE 12MTHS JUN-14

1YR 5YR CHANGE CHANGE

SUBURB

NUMBER OF SALES JUN-14

MEDIAN SALE JUN-14

QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

1YR 5YR CHANGE CHANGE

WEST END ~

$950,000

N/A

$910,000

15.6%

26.4%

HAWTHORNE

N/A

$490,000

3.2%

17.5%

WESTLAKE ~

$560,000

-16.4%

$630,000

9.9%

19.3%

HENDRA

N/A

$500,000

N/A

WILSTON

$859,500

-5.8%

$835,600

-3.2%

16.9%

HERSTON

N/A

$420,000

N/A

WINDSOR

N/A

$700,000

6.1%

12.9%

HIGHGATE HILL ~ f

$490,000

-19.7%

$508,000

2.6%

14.8%

WISHART ~

$565,500

-9.2%

$550,000

3.8%

13.1%

HOLLAND PARK WEST

N/A

$366,000

N/A

6.1%

WOOLLOONGABBA

N/A

$627,500

4.6%

6.4%

INDOOROOPILLY ~ t

$422,000

-10.2%

$440,000

3.5%

4.8%

WOOLOOWIN ~

$681,500

-13.2%

$750,000

11.1%

29.3%

KANGAROO POINT

$483,000

6.2%

$500,000

5.5%

19.0%

WYNNUM

$527,500

3.4%

$525,000

5.0%

11.7%

KEDRON *

$337,500

-0.7%

$347,000

6.5%

8.4%

WYNNUM WEST

$490,000

5.0%

$460,000

8.7%

3.8%

KELVIN GROVE

$470,000

3.8%

$499,500

-0.1%

12.2%

YERONGA

$650,000

N/A

$655,000

3.8%

0.8%

KURABY

N/A

$292,250

0.9%

-4.2%

ZILLMERE

$395,500

-4.0%

$403,000

11.9%

10.4%

LUTWYCHE *

$335,000

-11.8%

$380,000

-14.6%

13.4%

MANLY WEST * t

N/A

$347,000

-13.2%

-11.7%

MCDOWALL

N/A

$411,000

9.6%

7.2%

SALES MARKET - UNITS & TOWNHOUSES BRISBANE CITY (LGA)

1,827

$417,500

0.6%

$415,000

4.6%

9.2%

MILTON

N/A

$488,000

0.1%

1.7%

ALBION ~ *

N/A

$445,000

-19.1%

15.6%

MITCHELTON

N/A

$367,000

N/A

6.4%

ALDERLEY ~

N/A

$440,000

11.4%

19.6%

MOOROOKA t

$380,000

10.9%

$367,500

0.8%

12.0%

ALGESTER

N/A

$297,000

2.4%

-4.2%

MORNINGSIDE

$486,000

4.6%

$467,500

8.1%

11.3%

ANNERLEY * t

$445,000

-10.4%

$400,000

5.6%

14.6%

MOUNT GRAVATT EAST

$381,000

-4.0%

$390,000

-4.2%

10.3%

ASCOT

$446,000

6.2%

$412,250

7.2%

8.8%

NEW FARM ~

$536,000

-8.5%

$549,500

14.5%

25.2%

ASHGROVE ~ t

$430,750

-8.4%

$420,500

2.2%

10.4%

NEWMARKET ~

N/A

$455,000

15.9%

13.8%

ASPLEY

$399,000

N/A

$375,000

5.5%

5.3%

NEWSTEAD ~ f

$845,000

12.8%

$765,000

25.7%

40.1%

AUCHENFLOWER

$471,500

2.3%

$469,500

4.6%

4.9%

NORMAN PARK

N/A

$491,000

6.7%

4.9%

BALMORAL

N/A

$483,750

-7.0%

16.9%

NORTHGATE ~ t

N/A

$350,000

-9.1%

-3.4%

BOONDALL * t

$394,000

N/A

$392,000

N/A

NUNDAH * ~ t

$375,500

-7.6%

$415,000

5.1%

2.3%

BOWEN HILLS

$422,000

-4.4%

$434,000

9.9%

4.2%

PADDINGTON ~ * t

$484,901

35.4%

$485,106

-7.0%

12.2%

BRACKEN RIDGE

N/A

$319,500

3.1%

-8.6%

RED HILL

N/A

$409,500

N/A

6.4%

BRIGHTON

N/A

$407,500

N/A

RICHLANDS * t

N/A

$337,000

0.6%

N/A

BRISBANE CITY *

148

$525,000

2.9%

$500,000

8.9%

17.4%

ROCHEDALE

N/A

$392,000

1.2%

N/A

BULIMBA ~ f

$560,000

13.1%

$566,000

-1.6%

16.1%

RUNCORN

$322,500

-0.5%

$337,000

-1.5%

5.0%

CALAMVALE

$348,000

5.5%

$363,394

-1.2%

2.4%

SHERWOOD

$442,500

-1.7%

$440,000

5.1%

3.5%

CAMP HILL ~ t

N/A

$429,000

-12.7%

10.0%

SOUTH BRISBANE *

$475,000

-2.5%

$485,000

7.2%

21.3%

CARINA * t

$395,000

-4.8%

$428,250

9.8%

7.9%

SPRING HILL ~

$435,000

12.4%

$380,000

-1.3%

0.7%

CARINA HEIGHTS ~ *

$450,000

0.2%

$445,000

4.7%

2.9%

ST LUCIA ~

$435,000

-9.1%

$472,500

-1.2%

7.4%

CARINDALE

N/A

$408,000

-0.5%

-19.2%

STAFFORD

N/A

$400,000

-1.2%

14.9%

CARSELDINE

N/A

$370,000

-3.2%

5.7%

SUNNYBANK HILLS ~ t

N/A

$322,500

-10.7%

-4.9%

CHERMSIDE *

$390,500

-5.3%

$395,000

0.6%

-2.5%

TAIGUM ~ t

$385,000

13.2%

$376,500

18.6%

17.7%

CLAYFIELD

$411,000

5.4%

$383,250

8.0%

9.5%

TARINGA

$382,750

-3.1%

$397,250

-5.4%

4.5%

COOPERS PLAINS

N/A

$386,000

-6.9%

N/A

TENERIFFE ~ f

$642,750

-1.1%

$620,000

12.8%

17.0%

COORPAROO

$401,000

1.1%

$396,500

8.0%

15.6%

TENNYSON

N/A

$940,000

N/A

CORINDA

N/A

$385,000

5.5%

-6.1%

THE GAP

N/A

$449,000

N/A

7.0%

DOOLANDELLA

N/A

$348,500

-0.3%

N/A

TINGALPA

N/A

$327,800

2.0%

5.1%

DURACK

N/A

$350,000

-0.4%

N/A

TOOWONG ~

$428,000

-5.9%

$435,000

3.6%

13.0%

DUTTON PARK ~

N/A

$502,000

20.2%

N/A

UPPER MOUNT GRAVATT

N/A

$363,500

3.9%

-9.1%

EAST BRISBANE ~

$420,000

10.5%

$407,500

-6.5%

16.1%

WAKERLEY

N/A

$429,950

0.0%

N/A

EIGHT MILE PLAINS ~ t

$369,000

-8.3%

$383,000

2.1%

6.4%

WAVELL HEIGHTS

N/A

$416,500

N/A

-0.8%

ELLEN GROVE * t

$346,000

N/A

$346,000

N/A

WEST END * f

$610,000

28.4%

$549,900

5.5%

-2.0%

ENOGGERA

N/A

$420,000

7.7%

12.4%

WINDSOR ~

$385,000

-6.7%

$408,500

2.8%

20.1%

EVERTON PARK t

$425,000

10.5%

$404,000

-3.8%

17.5%

WISHART

$366,000

N/A

$362,500

7.0%

5.1%

FAIRFIELD *

N/A

$340,000

-19.4%

-11.7%

WOOLLOONGABBA

$405,000

N/A

$400,000

-3.6%

8.1%

FORTITUDE VALLEY ~

$500,000

17.1%

$430,000

3.6%

8.9%

WOOLOOWIN

N/A

$380,000

5.7%

16.2%

GAYTHORNE * t

N/A

$405,000

2.5%

22.2%

WYNNUM

$350,000

N/A

$351,000

-5.4%

-2.5%

GORDON PARK ~

N/A

$376,000

11.6%

9.0%

WYNNUM WEST * ~ t

$394,000

N/A

$381,000

27.0%

22.9%

GREENSLOPES ~

$356,500

-4.3%

$372,500

10.9%

4.9%

YEERONGPILLY

N/A

$406,000

5.0%

1.5%

HAMILTON

$490,000

-3.4%

$505,000

1.0%

17.4%

YERONGA

$382,000

1.9%

$409,000

-3.2%

-0.7%

ZILLMERE ~

$333,250

-5.5%

$340,000

-7.2%

1.3%

Direct Connect makes moving easy for your customers by arranging their utility connections and other moving solutions. We invite you to experience the difference with us today.

CALL US ON 1300 664 715

or visit agents.directconnect.com.au 8 QUEENSLAND MARKET MONITOR

BRISBANE MARKET UPDATES

RENTAL MARKET - 3 BED HOUSES

SALES MARKET - VACANT LAND NUMBER OF SALES JUN-14

SUBURB

MEDIAN SALE JUN-14

QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

POST 1YR 5YR CHANGE CHANGE

BRISBANE CITY (LGA)

154

$335,750

4.9%

$304,950

4.6%

11.7%

BRISBANE CITY (LGA) ^ ~

$737,500

N/A

$690,000

-8.0%

50.0%

BRIDGEMAN DOWNS *

N/A

$383,500

9.1%

27.8%

BRIGHTON *

N/A

$280,000

N/A

CARSELDINE ~

N/A

$347,500

12.6%

27.3%

DOOLANDELLA

N/A

$247,000

7.4%

9.8%

FITZGIBBON *

$170,300

N/A

$194,900

15.4%

N/A

HEATHWOOD *

N/A

$265,000

N/A

10.9%

KURABY

N/A

$324,200

-1.0%

-0.6%

MOGGILL ~

$252,500

-6.5%

$260,000

6.1%

10.6%

OXLEY *

N/A

$285,000

1.8%

16.3%

ROCHEDALE ~

N/A

$409,000

12.8%

N/A

UPPER KEDRON

N/A

$295,000

-3.3%

N/A

WYNNUM

N/A

$320,000

N/A

RENTAL MARKET - 3 BED HOUSES POST CODE

JUN-14 LOCALITYL

$/WEEK

JUN-13

NEW BONDS $/WEEK

NEW BONDS

JUN-14 $/WEEK

JUN-13

NEW BONDS $/WEEK

NEW BONDS

CODE

LOCALITYL

4115

ALGESTER

$375

$380

4116

CALAMVALE

$400

SOUTH EAST - INNER

$450

246

$450

304

4151

COORPAROO

$480

$475

4152

CAMP HILL

$435

108

4170

CANNON HILL

$460

$450

4171

BALMORAL

$510

$540

4172

MURARRIE

$410

$400

SOUTH EAST - OUTER

$415

$420

4153

BELMONT

$445

$440

4154

GUMDALE

$470

4173

TINGALPA

$405

$450

4174

HEMANT

$360

$400

SOUTH WEST - INNER

$430

$420

106

4068

CHELMER

$450

4075

CORINDA

$400

$415

SOUTH WEST - OUTER

$360

294

$350

333

4069

BROOKFIELD

$500

$430

4070

ANSTEAD

$380

$360

4073

SEVENTEEN MILE ROCKS

$390

$400

N.A.

BRISBANE CITY (LGA)

$410

2,599

$410

2,730

4074

JINDALEE

$395

$400

BAYSIDE

$420

135

$400

132

4076

DARRA

$340

$330

4178

WYNNUM

$415

$400

4077

DOOLANDELLA

$320

$310

4179

MANLY

$420

$400

4078

FOREST LAKE

$360

$350

CITY INNER

$550

199

$525

207

4000

BRISBANE CITY

$550

4005

NEW FARM

$600

$720

4006

BOWEN HILLS

$580

$595

BRISBANE CITY

$395

3,945

$390

3,852

4064

PADDINGTON

$590

$550

BAYSIDE

$320

4066

TOOWONG

$500

4178

WYNNUM

$320

$310

4067

ST LUCIA

$510

$465

4179

MANLY

$310

$350

4101

WEST END

$600

$550

CITY INNER

$495

1,588

$490

1,516

4102

WOOLOONGABBA

$460

$480

4000

BRISBANE CITY

$580

345

$600

283

4169

EAST BRISBANE

$530

$520

4005

NEW FARM

$500

270

$520

249

NORTH - INNER

$450

268

$450

299

4006

BOWEN HILLS

$495

242

$495

215

4007

ASCOT

$570

$530

4064

PADDINGTON

$390

$400

4011

CLAYFIELD

$550

$575

4066

TOOWONG

$390

163

$390

194

4012

NUNDAH

$400

$425

4067

ST LUCIA

$400

$430

4030

LUTWYCHE

$465

$460

4101

WEST END

$510

257

$490

209

4031

GORDON PARK

$445

$420

4102

WOOLOONGABBA

$460

$425

4051

ALDERLEY

$445

$450

4169

EAST BRISBANE

$465

142

$470

158

NORTH - OUTER

$390

359

$380

378

NORTH - INNER

$355

812

$350

785

4013

NORTHGATE

$410

$440

4007

ASCOT

$400

142

$380

124

4014

VIRGINIA

$400

$390

4010

ALBION

$375

$380

4017

BRACKEN RIDGE

$380

113

$375

114

4011

CLAYFIELD

$350

148

$350

138

4018

FITZGIBBON

$390

$385

4012

NUNDAH

$360

190

$360

175

4032

CHERMSIDE

$390

$375

4030

LUTWYCHE

$345

112

$345

108

4034

ASPLEY

$400

112

$390

117

4031

GORDON PARK

$320

$335

4036

BALD HILLS

$380

$350

4051

ALDERLEY

$350

120

$350

149

NORTH WEST - INNER

$510

117

$500

104

NORTH - OUTER

$340

224

$340

237

4059

KELVIN GROVE

$525

$550

4013

NORTHGATE

$310

$300

4060

ASHGROVE

$500

$470

4014

VIRGINIA

$280

$350

4065

BARDON

$500

$495

4017

BRACKEN RIDGE

$290

$295

NORTH WEST - OUTER

$410

220

$400

226

4018

FITZGIBBON

$320

4053

STAFFORD

$400

142

$400

146

4032

CHERMSIDE

$360

$390

4054

ARANA HILLS

$400

4034

ASPLEY

$350

$320

4061

THE GAP

$440

$450

NORTH WEST - INNER

$400

140

$395

115

SOUTH - INNER

$430

334

$415

311

4059

KELVIN GROVE

$410

$420

4103

ANNERLEY

$430

4060

ASHGROVE

$400

$360

4104

YERONGA

$450

4065

BARDON

$360

$330

4105

MOOROOKA

$410

$405

NORTH WEST - OUTER

$390

$340

4120

GREENSLOPES

$450

$480

STAFFORD

$390

$350

4121

HOLLAND PARK

$430

SOUTH - INNER

$360

379

$350

398

4122

MANSFIELD

$410

143

$400

122

4103

ANNERLEY

$350

$335

RENTAL MARKET - 2 BED UNITS

4053

N.A.

SOUTH - OUTER

$380

279

$375

298

4104

YERONGA

$350

$340

4107

SALISBURY

$400

$385

4105

MOOROOKA

$330

$370

4108

COOPERS PLAINS

$385

$355

4120

GREENSLOPES

$360

$350

4109

MACGREGOR

$390

4121

HOLLAND PARK

$350

$330

4110

ACACIA RIDGE

$350

4122

MANSFIELD

$390

4112

KURABY

$380

$350

4113

EIGHT MILE PLAINS

$385

$380

JUNE QUARTER 2014

BRISBANE MARKET UPDATES

RENTAL MARKET - 2 BED UNITS (CONT’D) POST CODE

RENTAL MARKET - 3 BED TOWNHOUSES

JUN-14 $/WEEK

LOCALITYL

JUN-13

NEW BONDS $/WEEK

NEW BONDS

POST CODE

JUN-14 LOCALITYL

$/WEEK

JUN-13

NEW BONDS $/WEEK

NEW BONDS

SOUTH - OUTER

$310

$300

BRISBANE CITY

$400

1,510

$405

4107

SALISBURY

$300

$295

BAYSIDE

$400

101

$390

1,309 100

4108

COOPERS PLAINS

$315

4109

MACGREGOR

$345

SOUTH EAST - INNER

$370

368

4151

COORPAROO

$360

4152

CAMP HILL

4170

CANNON HILL

4171

4178

WYNNUM

$400

$390

$385

4179

MANLY

$410

$390

$370

380

CITY INNER

$560

$580

141

$350

150

4000

BRISBANE CITY

$675

$375

$360

4005

NEW FARM

$560

$380

$365

4006

BOWEN HILLS

$610

$525

BALMORAL

$400

$450

4066

TOOWONG

$490

$560

SOUTH EAST - OUTER

$350

$320

4067

ST LUCIA

$450

TINGALPA

$350

$310

4101

WEST END

$575

$695

SOUTH WEST - INNER

$380

239

$370

228

NORTH - INNER

$450

$460

4068

CHELMER

$380

207

$380

181

4007

ASCOT

$550

$620

4075

CORINDA

$320

$330

4011

CLAYFIELD

$590

$570

SOUTH WEST - OUTER

$325

$300

4012

NUNDAH

$445

$435

FOREST LAKE

$340

4030

LUTWYCHE

$425

$475

4031

GORDON PARK

$450

4051

ALDERLEY

$425

$435

NORTH - OUTER

$385

208

$380

160

4013

NORTHGATE

$450

$410

4017

BRACKEN RIDGE

$365

4018

FITZGIBBON

$320

$370

4032

CHERMSIDE

$435

$430

4034

ASPLEY

$395

$385

4036

BALD HILLS

$360

$350

NORTH WEST - INNER

$490

$550

4060

ASHGROVE

$460

$499

4065

BARDON

$550

NORTH WEST - OUTER

$430

$410

4053

STAFFORD

$430

$410

4054

ARANA HILLS

$395

$385

4061

THE GAP

$500

$435

SOUTH - INNER

$450

126

$430

106

4103

ANNERLEY

$520

$450

4104

YERONGA

$475

$450

4105

MOOROOKA

$410

$440

4120

GREENSLOPES

$490

$460

4121

HOLLAND PARK

$455

$430

4122

MANSFIELD

$420

$410

SOUTH - OUTER

$385

335

$390

286

4107

SALISBURY

$380

$485

4109

MACGREGOR

$400

4110

ACACIA RIDGE

$340

4112

KURABY

$380

$365

4113

EIGHT MILE PLAINS

$400

105

$400

100

4115

ALGESTER

$370

4116

CALAMVALE

$380

SOUTH EAST - INNER

$475

193

$470

215

4151

COORPAROO

$495

4152

CAMP HILL

$445

$440

106

4170

CANNON HILL

$480

4171

BALMORAL

$570

$575

4172

MURARRIE

$480

$465

SOUTH EAST - OUTER

$410

$405

4153

BELMONT

$430

N.A.

4154

GUMDALE

$415

4173

TINGALPA

$390

$380

SOUTH WEST - INNER

$430

4068

CHELMER

$505

$510

4075

CORINDA

$400

SOUTH WEST - OUTER

$355

196

$360

133

4073

SEVENTEEN MILE ROCKS

$425

$410

4074

JINDALEE

$390

$400

4076

DARRA

$350

4077

DOOLANDELLA

$355

121

$355

4078

FOREST LAKE

$355

$350

4173

4078

N.A.

DID YOU KNOW?

YOU CAN GET MEDIAN WEEKLY RENTS FOR OTHER PROPERTY TYPES ONLINE AT WWW.RTA.QLD.GOV.AU

Increasing median prices along with lower days on market and reduced average vendor discounting are further signs that the Brisbane market is into recovery phase

10 QUEENSLAND MARKET MONITOR

N.A.

3 10

55 2

BRISBANE MARKET UPDATES

GREATER BRISBANE

Heading into Spring, the greater Brisbane area looks set to build on the strong sales momentum of the June quarter. There were increases in both house and unit sales volumes in greater Brisbane, with shorter days on market compared to a year ago. Median sales price growth varied across the region, with some sectors of the market recording growth. Others recorded easing median sale prices on the back of increased activity at the affordable end of the market. HOUSE MARKET

Over the June quarter 2014 the Brisbane statistical division recorded 2.2 per cent growth in its median house price to $470,000, driven by strong sales on the cityâ&#x20AC;&#x2122;s outskirts. Ipswich, Logan and Moreton Bay all recorded increased sales activity, with Redland also posting healthy sales activity. Redland recorded a solid increase in the median house price, with median sale price growth in the remaining areas of greater Brisbane subdued. However, increased buyer confidence is resulting in stock that had been sitting on the market for some time starting to be taken up. First home buyer and investor activity has reportedly been improving in Moreton Bay as progress continues on the new Rail Line, amid ongoing development of the North Lakes residential and commercial precincts. Five of the top ten increases in preliminary sales for the June quarter were posted in Moreton Bay: in North Lakes, Kallangur, Deception Bay, Morayfield and Redland Bay. In Ipswich many agents are experiencing large sale volumes, creating a shortage of stock. However local agents expect sales to increase heading towards 2015, buoyed by demand from interstate investors in search of higher rental yields. Eagleby in Logan recorded a strong rise in sales and solid price growth in the June Quarter.

UNIT MARKET

Unit and townhouse sales in Greater Brisbane picked up from where they left off in the March Quarter, rising 18 per cent to the end of the June quarter. Ipswich and Redland recorded the strongest increases in unit and townhouse sales in the quarter, up 40 per cent and 19 per cent respectively. Over the quarter, Brendale and Beenleigh recorded double digit sales growth, with Cleveland, Birkdale and Ormiston in Redlands also recording healthy increases. Bundamba in Ipswich also recorded solid sales volumes. New townhouse complexes at Goodna have contributed to the overall median sale price for the Ipswich council area, which was up 26 per cent over the quarter. The greatest volume of sales activity occurred in the $250,000 to $350,000 price bracket during the June quarter, with more buyers also entering the market at the sub-$250,000 mark. RENTAL MARKET

The vacancy rate for the Brisbane Statistical Division eased to 2.3 per cent at the end of June, compared to 1.9 per cent at the end of March. In the outer-lying suburbs of Greater Brisbane, vacancy rates have also softened in Ipswich and Logan, to more healthy market conditions. Moreton Bay and Redland City, however, continue to record tight vacancy levels, with agents in these areas reporting more demand than supply. Agents in the Moreton Bay area are seeing increased investor activity, with some NRAS developments being in strong demand. The latest figures from the Residential Tenancies Authority (RTA) also show a decline in the total number of bonds lodged during the June quarter across three bedroom houses, two bedroom units and three bedroom townhouses compared to the previous quarter. Steady pipelines of new developments, which are said to be attracting renewed interest from interstate investors, are expected to increase the supply of rental stock over the coming months. JUNE QUARTER 2014

BRISBANE MARKET UPDATES

SALES MARKET - HOUSES SUBURB

NUMBER OF SALES JUN-14

SALES MARKET - HOUSES (CONT’D) MEDIAN SALE JUN-14

QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

1YR 5YR CHANGE CHANGE

SUBURB

NUMBER OF SALES JUN-14

MEDIAN SALE JUN-14

QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

1YR 5YR CHANGE CHANGE

BRISBANE (SD)

6,102

$470,000

2.2%

$462,000

5.7%

12.7%

SHAILER PARK

$492,500

6.4%

$470,000

4.4%

7.1%

BRISBANE (SD) ^

479

$540,000

-1.8%

$555,000

3.7%

4.2%

SLACKS CREEK

$285,000

-3.4%

$282,000

4.2%

-5.7%

SPRINGWOOD

$420,000

0.4%

$425,500

6.6%

6.9%

IPSWICH (LGA)

548

$300,000

-0.6%

$305,000

4.5%

-1.6%

TANAH MERAH

$380,000

N/A

$395,000

7.1%

1.4%

IPSWICH (LGA) ^ ~

$476,250

13.4%

$460,000

7.0%

5.8%

UNDERWOOD

$495,000

3.1%

$465,000

3.3%

21.2%

AUGUSTINE HEIGHTS ~ *

$545,000

15.1%

$490,500

-2.4%

-9.2%

WATERFORD

N/A

$357,500

4.8%

-3.4%

BELLBIRD PARK

$320,250

N/A

$310,600

-2.8%

-5.9%

WATERFORD WEST

$314,000

N/A

$305,000

8.9%

-2.6%

BOOVAL

N/A

$261,000

0.4%

-2.4%

WINDAROO

N/A

$407,000

10.0%

4.4%

BRASSALL ~

$286,250

-13.5%

$314,250

3.0%

-5.9%

WOODRIDGE ~

$265,000

2.3%

$255,000

10.9%

-2.5%

BUNDAMBA ~ *

$296,000

26.0%

$280,000

8.9%

0.0%

YARRABILBA

N/A

$381,000

N/A

N/A 4.1%

CAMIRA ~

$347,000

9.3%

$335,000

3.1%

0.0%

CHURCHILL

N/A

$259,500

8.8%

0.8%

MORETON BAY (LGA)

1,182

$387,500

1.4%

$385,000

3.6%

COLLINGWOOD PARK ~

$313,500

3.6%

$291,203

-2.9%

-11.1%

MORETON BAY (LGA) ^

173

$545,000

1.5%

$559,000

4.5%

3.0%

EAST IPSWICH ~

$230,000

N/A

$236,000

-9.2%

-14.2%

ALBANY CREEK ~

$464,500

-8.1%

$500,000

4.2%

6.4%

EASTERN HEIGHTS

$290,000

0.7%

$268,000

9.4%

-0.6%

ARANA HILLS ~

$490,000

14.2%

$455,250

3.7%

4.7%

FLINDERS VIEW ~

$355,000

1.7%

$350,000

11.1%

-9.4%

BANKSIA BEACH ~ f

$467,000

11.5%

$450,000

-2.2%

-4.1%

GOODNA

$262,500

0.6%

$265,000

1.9%

-10.2%

BEACHMERE

$301,000

-1.3%

$300,000

1.7%

-9.1%

IPSWICH

N/A

$303,000

9.7%

4.5%

BELLARA

N/A

$320,000

3.2%

-1.5%

KARALEE ^

N/A

$513,000

3.0%

9.1%

BELLMERE

$315,000

0.0%

$315,000

-3.7%

-9.7%

LEICHHARDT ~

$224,000

2.3%

$214,500

7.3%

-12.4%

BONGAREE ~

$430,000

-8.1%

$390,000

8.6%

4.0%

NEWTOWN

$270,000

N/A

$307,000

N/A

-5.5%

BRAY PARK

$362,500

0.3%

$357,000

4.3%

0.6%

NORTH BOOVAL

$236,500

N/A

$239,000

3.9%

-11.5%

BURPENGARY

$368,000

3.7%

$351,500

4.1%

0.4%

NORTH IPSWICH ~

$265,500

15.4%

$245,500

6.7%

-12.6%

BURPENGARY ^

$545,000

N/A

$530,000

1.9%

5.8%

ONE MILE ~

N/A

$231,000

18.5%

-8.7%

BURPENGARY EAST ^

N/A

$515,750

0.9%

3.2%

RACEVIEW

$300,000

4.0%

$300,000

3.4%

-2.4%

CABOOLTURE ^

$471,250

N/A

$450,000

4.4%

0.0%

REDBANK PLAINS

$295,000

1.5%

$295,000

5.4%

-4.5%

CABOOLTURE ~

$285,000

-7.5%

$290,000

5.5%

-3.3%

RIVERVIEW

N/A

$226,500

N/A

-11.2%

CABOOLTURE SOUTH

$258,471

-0.6%

$268,250

5.0%

-3.2%

ROSEWOOD

N/A

$260,000

6.1%

4.0%

CAMP MOUNTAIN ^

N/A

$819,000

N/A

SADLIERS CROSSING

N/A

$313,000

N/A

10.8%

CASHMERE

N/A

$597,500

4.8%

6.2%

SILKSTONE ~

$236,001

-17.6%

$264,500

6.4%

-2.9%

CASHMERE ^

N/A

$675,000

5.5%

3.2%

SPRINGFIELD ~

$376,500

-8.4%

$380,000

5.6%

1.5%

CLONTARF

$379,000

1.3%

$365,000

9.0%

2.8%

SPRINGFIELD LAKES

$402,300

0.6%

$390,000

2.5%

-0.5%

DAKABIN

N/A

$422,500

N/A

WOODEND

N/A

$287,500

N/A

-3.8%

DECEPTION BAY

$302,500

7.7%

$289,000

1.4%

-9.4%

YAMANTO ~

$377,500

11.9%

$335,000

-0.9%

0.0%

EATONS HILL

$518,000

-5.4%

$527,000

3.3%

4.9%

EATONS HILL ^

N/A

$698,500

N/A

LOGAN (LGA)

716

$344,250

-2.2%

$345,000

4.5%

1.5%

ELIMBAH ^

N/A

$487,500

3.1%

0.5%

LOGAN (LGA) ^ ~

163

$484,250

-6.9%

$500,000

4.2%

1.0%

EVERTON HILLS

$497,000

3.2%

$480,000

6.8%

14.6%

BEENLEIGH

$287,000

-1.0%

$288,500

3.0%

-11.3%

FERNY HILLS

$467,000

-3.5%

$460,000

2.9%

8.2%

BETHANIA

$275,000

-4.0%

$281,000

-1.6%

-6.8%

GRIFFIN

$425,500

2.8%

$420,000

6.3%

8.3%

BORONIA HEIGHTS

$327,500

2.3%

$309,000

2.2%

0.2%

HIGHVALE ^

N/A

$710,000

-6.6%

N/A

BROWNS PLAINS ~

$289,000

-6.0%

$300,000

1.0%

-4.8%

KALLANGUR

$336,500

-2.0%

$335,900

5.0%

-1.9%

BUCCAN ^

N/A

$527,000

N/A

-5.0%

KIPPA-RING

$388,550

8.7%

$373,000

9.7%

5.1%

CEDAR GROVE ^

N/A

$418,000

11.5%

6.7%

LAWNTON

N/A

$318,750

-4.9%

-5.5%

CEDAR VALE ^

$428,000

-2.7%

$429,000

3.6%

2.9%

MANGO HILL

$447,000

-0.2%

$425,768

-0.1%

-1.0%

CHAMBERS FLAT ^

N/A

$487,500

N/A

-6.3%

MARGATE ~

$406,000

9.4%

$368,250

6.4%

6.1%

CORNUBIA

$462,500

0.3%

$467,500

3.9%

5.1%

MORAYFIELD

$310,000

0.0%

$306,000

5.5%

-6.1%

CORNUBIA ^

N/A

$647,500

N/A

MORAYFIELD ^ ~

$502,500

-10.3%

$518,000

8.0%

3.6%

CRESTMEAD

$280,000

-2.9%

$279,000

1.5%

-7.0%

MURRUMBA DOWNS ~

$463,000

-10.3%

$450,000

7.1%

8.7%

DAISY HILL

$470,000

7.6%

$420,000

7.1%

11.4%

NARANGBA

$397,500

-4.2%

$425,000

2.3%

4.9%

EAGLEBY ~

$251,500

3.9%

$250,000

1.6%

-12.3%

NARANGBA ^

N/A

$620,000

N/A

EDENS LANDING

$347,000

-0.4%

$347,000

5.2%

-3.3%

NEWPORT ~ f

N/A

$815,000

16.4%

2.6%

FORESTDALE ^

N/A

$649,000

11.5%

13.9%

NINGI

N/A

$335,000

3.9%

-8.2%

GREENBANK ^ ~

$539,500

11.5%

$520,000

6.1%

1.8%

NINGI ^

N/A

$475,000

0.0%

-0.2%

HERITAGE PARK

$430,500

9.7%

$392,000

3.5%

1.8%

NORTH LAKES

$450,000

2.5%

$447,250

4.0%

0.5%

HILLCREST

$303,000

N/A

$320,100

1.0%

-3.0%

PETRIE

$361,000

1.7%

$369,000

5.6%

1.1%

JIMBOOMBA

N/A

$365,000

-3.7%

-3.9%

REDCLIFFE ~ f

$374,500

10.1%

$375,000

11.1%

7.1% -3.9%

JIMBOOMBA ^

$455,000

5.0%

$460,000

2.2%

3.1%

ROTHWELL ~

$372,500

-9.7%

$365,000

4.3%

KINGSTON ~

$279,000

11.4%

$260,000

9.0%

-5.5%

SAMFORD VALLEY ^ ~

N/A

$900,000

15.2%

15.8%

LOGAN CENTRAL

$270,000

0.0%

$258,000

9.8%

-4.4%

SANDSTONE POINT

$370,000

N/A

$372,000

1.9%

-3.5%

LOGAN VILLAGE ^

N/A

$495,000

7.6%

2.1%

SCARBOROUGH

$432,500

-3.4%

$449,000

10.2%

12.3%

LOGANHOLME ~

$353,000

11.7%

$350,550

-2.6%

0.6%

STRATHPINE ~

$380,000

9.7%

$345,000

5.8%

2.7%

LOGANLEA

$302,500

-2.4%

$298,500

2.9%

-0.5%

UPPER CABOOLTURE

N/A

$316,000

1.5%

-7.1%

MARSDEN

$329,400

7.5%

$317,750

8.4%

1.8%

UPPER CABOOLTURE ^

N/A

$520,000

7.2%

N/A

MEADOWBROOK

N/A

$361,000

0.3%

-4.5%

WAMURAN ^ ~

N/A

$462,500

0.5%

-9.8%

MOUNT WARREN PARK

$337,500

-0.7%

$337,000

1.0%

-0.9%

WARNER

$475,000

1.9%

$467,500

2.7%

6.3%

MUNRUBEN ^

N/A

$517,500

5.6%

1.9%

WARNER ^

N/A

$673,500

N/A

3.6%

NEW BEITH ^

$562,000

N/A

$555,000

7.8%

4.7%

WOODY POINT ~

$384,000

9.7%

$380,000

-1.3%

6.0%

WOORIM

N/A

$395,250

-6.6%

-5.9%

REGENTS PARK

$371,500

4.4%

$353,000

1.1%

0.8%

ROCHEDALE SOUTH

$415,000

-5.7%

$420,000

6.3%

9.1%

12 QUEENSLAND MARKET MONITOR

BRISBANE MARKET UPDATES

SALES MARKET - HOUSES (CONT’D) SUBURB

NUMBER OF SALES JUN-14

MEDIAN SALE JUN-14

QTRLY CHANGE

SALES MARKET - UNITS & TOWNHOUSES (CONT’D) MEDIAN SALE 12MTHS JUN-14

1YR 5YR CHANGE CHANGE

NUMBER OF SALES JUN-14

SUBURB

MEDIAN SALE JUN-14

QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

1YR 5YR CHANGE CHANGE

REDLAND (LGA)

473

$469,000

2.0%

$460,000

2.2%

5.7%

CABOOLTURE * t

$275,000

37.5%

$223,500

-2.8%

-22.1%

REDLAND (LGA) ^

$830,000

4.1%

$780,000

7.2%

-2.5%

CLONTARF *

N/A

$412,000

1.1%

23.0%

ALEXANDRA HILLS

$409,500

-0.7%

$408,000

4.9%

5.2%

DECEPTION BAY *

$220,000

-1.7%

$265,000

20.5%

3.5%

BIRKDALE

$480,000

0.2%

$480,000

5.6%

10.1%

GRIFFIN

N/A

$349,000

-3.9%

N/A

CAPALABA

$440,000

7.6%

$420,000

3.6%

3.7%

KALLANGUR

$308,083

N/A

$314,000

6.4%

1.3%

CAPALABA ^

N/A

$830,000

3.4%

11.0%

KIPPA-RING

$295,000

N/A

$263,500

9.3%

-20.1%

CLEVELAND ~

$477,500

-13.2%

$510,000

-1.1%

3.0%

LAWNTON

N/A

$220,000

8.6%

-10.2%

MACLEAY ISLAND ~ f

$199,000

13.7%

$199,000

-10.6%

-23.2%

MANGO HILL

N/A

$355,000

N/A

MOUNT COTTON

$465,000

1.9%

$465,000

1.3%

3.3%

MARGATE ~ f

N/A

$356,500

12.7%

4.9%

ORMISTON ~

$545,000

3.8%

$547,750

-7.2%

-3.1%

MORAYFIELD ~

N/A

$256,300

-16.0%

-3.3%

REDLAND BAY ~

$521,000

10.1%

$488,000

2.3%

1.9%

MURRUMBA DOWNS

N/A

$348,000

-0.5%

12.6%

RUSSELL ISLAND ~

$147,500

-37.8%

$202,000

15.4%

-12.2%

NARANGBA

N/A

$335,000

N/A

SHELDON ^ ~

N/A

$780,000

16.4%

N/A

NORTH LAKES

$359,000

0.3%

$359,000

7.2%

N/A

THORNESIDE

$470,000

8.0%

$425,000

-0.6%

9.3%

REDCLIFFE

-6.5%

4.2%

THORNLANDS ^ ~

N/A

$787,500

1.0%

-8.4%

SCARBOROUGH * t f

5.5%

1.2%

THORNLANDS ~

$505,000

-9.1%

$515,000

1.0%

STRATHPINE

3.1%

-6.4%

VICTORIA POINT

$465,000

-1.1%

$465,000

3.3%

4.5%

WOODY POINT

$325,000

-6.5%

-11.8%

WELLINGTON POINT

$510,000

8.5%

$519,000

1.8%

6.5%

3.9%

$345,000

4.0%

4.9%

N/A

$350,000

-6.7%

6.1%

2.4%

-3.0%

SURROUNDS $240,000

0.0%

-6.7%

CAPALABA ~ t

LOCKYER VALLEY (LGA) ^

$326,500

-2.3%

$330,000

0.0%

1.2%

CLEVELAND ~

GATTON ~

$251,750

11.3%

$251,000

-3.1%

-12.4%

ORMISTON * t

KENSINGTON GROVE ^

N/A

$325,000

2.5%

2.0%

THORNESIDE

LAIDLEY ~

N/A

$200,000

-16.7%

-19.0%

PLAINLAND ^

N/A

$325,000

4.0%

0.0%

N/A

$305,000

2.7%

-2.9%

N/A

$360,000

5.3%

12.5%

SOMERSET (LGA)

$262,500

7.6%

$260,000

9.5%

9.7%

SOMERSET (LGA) ^ ~

$390,000

17.0%

$345,000

0.0%

1.8%

ESK

N/A

$238,000

N/A

ESK ^

N/A

$300,000

N/A

FERNVALE

N/A

$335,000

N/A

FERNVALE ^

N/A

$379,500

N/A

LOWOOD ^

N/A

$300,000

N/A

-1.2%

LOWOOD ~

N/A

$263,750

-18.2%

13.4%

MINDEN ^

N/A

$334,000

N/A

2.1%

TOOGOOLAWAH

N/A

$207,000

N/A

6.2%

SALES MARKET - UNITS & TOWNHOUSES BRISBANE (SD)

2,467

$390,000

1.3%

$385,000

1.3%

9.1%

IPSWICH (LGA) * t

$289,900

26.0%

$280,000

5.7%

5.3%

BRASSALL

N/A

$219,500

N/A

-19.6%

BUNDAMBA

N/A

$290,000

N/A

GOODNA * t

$310,000

N/A

$310,000

N/A

31.9%

REDBANK PLAINS * t

N/A

$219,000

-21.3%

-19.3%

N/A

7.7%

MARN/A 14

7 722

$245,000

$377,500

REDLAND (LGA) 32

REGENCY DOWNS ^

BIRKDALE

LOCKYER VALLEY (LGA)

WITHCOTT ^

38 $340,000 BRISBANE CITY HOUSE9.7% SALES$345,000 (p)

112

166

<$350,000

-7.4%

JUN 14 N/A 1840 $254,750 N/A

1401

$335,000 N/A 770

$385,000

$323,500

13.5%

$296,000

$425,000

13.6%

N/A

235 7.7% $400,000 164 14.6%

$307,500

$350,000+

N/A

$328,000

N/A

$500,000+

$312,500

-21.0%

-0.6%

14.9%

1.1%

$1m+

(p) Prelim Source: R

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

BRISBANE SURROUNDS HOUSE SALES (p) BRISBANE CITYMORETON UNITBAYSALES (p) INCLUDES IPSWICH, LOGAN, & REDLAND MAR 14 MAR 14

973

1154

972

1157

651 472 409 371

330 363 44

JUN 14 JUN 14 860

454 1830 18 45

<$350,000

$350,000+

$500,000+

<$250,000 $250,000+ $350,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data by RP Data. (p) Preliminary. Seeprovided explanatory notes for further information. Source: REIQ, data provided by RP Data.

$500,000+

$1m+

(p) Prelim (p) Prelim Source: RE Source: R

GOLD COAST HOUSE SALES (p) BRISBANE SURROUNDS UNIT SALES (p) INCLUDES IPSWICH, LOGAN, BAY & 14 REDLAND MAR 14MORETONJUN

LOGAN (LGA)

187

$230,000

1.1%

$242,000

-4.0%

-5.1%

BEENLEIGH ~ t

$169,000

N/A

$170,000

-9.3%

-28.6%

BORONIA HEIGHTS

N/A

$200,000

N/A

EAGLEBY * t

N/A

$264,500

-12.1%

-10.9%

HILLCREST

N/A

$218,000

N/A

LOGAN CENTRAL

N/A

$167,000

N/A

-10.7%

MARSDEN

N/A

$320,000

-3.3%

N/A

ROCHEDALE SOUTH

$281,250

3.8%

$268,000

1.8%

-0.7%

SHAILER PARK

N/A

$274,000

-0.4%

-3.5%

SLACKS CREEK

$211,000

N/A

$195,000

1.0%

-17.0%

SPRINGWOOD ~ t

$278,600

20.3%

$255,000

3.0%

-3.8%

UNDERWOOD

N/A

$384,000

-1.3%

4.0%

WATERFORD WEST

N/A

$188,500

N/A

-13.0%

WOODRIDGE

$185,750

5.8%

$179,000

-0.8%

-10.5%

MORETON BAY (LGA)

290

$320,000

3.7%

$320,000

3.2%

ARANA HILLS

N/A

$366,500

-3.4%

8.1%

BELLARA

N/A

$276,250

N/A

-6.4%

BONGAREE

N/A

$290,000

0.0%

-1.7%

BRENDALE

$275,000

7.4%

$261,380

-8.3%

-6.7%

BRISBANE MARCITY 14 LAND JUNSALES 14548 (p)

260 490 14 480 MAR480 14 JUN 207 59 197 182 43 40 40 38 99 111 70 13

31 77 9 3

84 5

<$350,000 $250,000+ $350,000+ $1m+ <$250,000 $350,000+$500,000+ $500,000+ $1m+ $500,000+

(p) See for (p)Preliminary. Preliminary. Seeexplanatory explanatory notes notes for further further information. information. <$250,000 $250,000+ $350,000+ Source: REIQ, by Data. Source: REIQ, data data provided by RP RP Data. (p) Preliminary. Seeprovided explanatory notes for further information. Source: REIQ, data provided by RP Data.

GOLD COAST UNIT SALES (p) SUNSHINE COAST & NOOSA HOUSE SALES (p) BRISBANEMAR SURROUNDS 14 JUNLAND 14 SALES (p)

(p) (p) Prelim Prelim Source: RR (p) Prelim Source: Source: R

Includes IPSWICH, LOGAN, MORETON BAY & REDLAND

53 235

273

MAR JUN MAR 1414 JUN 1414 520 71 447 437 440 451 391 346 311 290 36 241

21 81

46 36 3 37 31

<$250,000 $250,000+ $350,000+ $350,000+ $500,000+ $1m+ $250,000+ $500,000+

<$350,000 $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information. (p) Preliminary. See explanatory notes for further information. Source: REIQ, data by RPnotes Data.for further information. (p) Preliminary. Seeprovided explanatory Source: REIQ, data provided by RP Data. Source: REIQ, data provided by RP Data.

$1m+

GOLD COAST LAND SALES (p) SUNSHINE COAST & NOOSA UNIT SALES (p) JUNE QUARTER 2014 88

MAR 14 MAR 14

JUN 14 JUN 14

(p) Prelim (p) Prelim Source: RE (p) Prelim Source: R Source: R

BRISBANE MARKET UPDATES

SALES MARKET - VACANT LAND SUBURB

NUMBER OF SALES JUN-14

MEDIAN SALE JUN-14

SALES MARKET - VACANT LAND (CONT’D) QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

1YR 5YR CHANGE CHANGE

NUMBER OF SALES JUN-14

SUBURB

MEDIAN SALE JUN-14

QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

1YR 5YR CHANGE CHANGE

BRISBANE (SD)

643

$215,700

-1.5%

$212,000

1.4%

1.0%

SOMERSET (LGA)

N/A

$135,000

0.0%

4.7%

BRISBANE (SD) ^

$270,000

1.9%

$262,500

-0.9%

5.0%

FERNVALE

N/A

$142,000

N/A

9.2%

IPSWICH (LGA)

105

$175,000

1.7%

$175,000

0.0%

2.9%

IPSWICH (LGA) ^

N/A

$245,000

5.8%

4.3%

RENTAL MARKET - 3 BED HOUSES

AUGUSTINE HEIGHTS

N/A

$210,000

3.4%

-5.2%

POST

BELLBIRD PARK *

$188,000

N/A

$197,000

-1.5%

N/A

CODE

BRASSALL

N/A

$180,000

5.9%

4.0%

BUNDAMBA

N/A

$159,950

5.9%

N/A

DEEBING HEIGHTS

N/A

$150,000

-1.4%

GOODNA

N/A

$175,000

-5.4%

KARALEE ^

N/A

$257,500

LEICHHARDT

N/A

RACEVIEW *

$172,000

REDBANK PLAINS *

SPRINGFIELD LAKES *

JUN-14 LOCALITYL

$/WEEK

JUN-13

NEW BONDS $/WEEK

NEW BONDS

IPSWICH CITY

$300

710

$290

818

4300

AUGUSTINE HEIGHTS

$335

185

$330

200

N/A

4301

COLLINGWOOD PARK

$310

100

$305

2.9%

4303

DINMORE

$260

$270

1.8%

8.4%

4304

BLACKSTONE

$285

$280

$167,500

N/A

4305

BASIN POCKET

$275

252

$275

319

N/A

$170,500

4.0%

1.8%

4306

AMBERLEY

$310

$300

N/A

$139,950

-9.7%

-17.1%

4340

ASHWELL

$280

$160,000

-3.6%

$179,000

2.3%

8.5%

LOGAN CITY

$335

868

$330

897

4114

KINGSTON

$310

171

$310

156

LOGAN (LGA)

137

$195,000

-0.3%

$179,000

-4.0%

-9.6%

4118

BROWNS PLAINS

$345

$340

104

LOGAN (LGA) ^

$264,000

-3.6%

$260,000

4.0%

13.5%

4119

UNDERWOOD

$375

$395

BUCCAN ^ *

N/A

$292,500

N/A

4123

PRIESTS GULLY

$380

$370

CORNUBIA *

$347,500

N/A

$345,000

1.5%

N/A

4124

BORONIA HEIGHTS

$330

HOLMVIEW

N/A

$174,625

-3.9%

-16.8%

4125

MUNRUBEN

$400

N.A.

JIMBOOMBA

N/A

$169,000

N/A

-9.6%

4127

CHATSWOOD HILLS

$350

$360

JIMBOOMBA ^ ~

N/A

$239,900

17.9%

27.9%

4128

KIMBERLEY PARK

$400

$380

LOGAN RESERVE *

$151,388

N/A

$157,250

1.5%

N/A

4129

LOGANDALE

$355

$350

LOGAN VILLAGE

N/A

$258,250

N/A

4130

CARBROOK

$375

$380

MARSDEN

N/A

$181,250

-7.1%

-3.8%

4131

LOGANLEA

$330

$320

NEW BEITH ^

N/A

$260,000

0.0%

8.3%

4132

CRESTMEAD

$325

$320

UNDERWOOD ~

N/A

$385,000

20.3%

4133

CHAMBERS FLAT

$345

$330

WATERFORD *

$190,000

N/A

$186,250

1.8%

7.7%

4205

BETHANIA

$330

$320

WOODHILL ^

N/A

$219,500

-0.7%

N/A

4207

ALBERTON

$325

185

$325

172

YARRABILBA *

$115,000

N/A

$139,800

-11.6%

N/A

4280

JIMBOOMBA

$400

$360

MORETON BAY REGIONAL

$340

1,008

$330

1,064

MORETON BAY (LGA)

168

$215,000

1.6%

$210,600

2.7%

2.5%

4019

CLONTARF

$350

$340

MORETON BAY (LGA) ^

$260,000

-3.7%

$260,000

-5.5%

-10.3%

4020

NEWPORT

$350

$335

BANKSIA BEACH

N/A

$452,500

-1.6%

-2.7%

4021

KIPPA-RING

$340

$345

BRAY PARK

N/A

$204,500

3.8%

-7.0%

4022

ROTHWELL

$330

BURPENGARY

N/A

$210,900

0.0%

N/A

4035

ALBANY CREEK

$400

$395

BURPENGARY EAST ^

N/A

$311,500

N/A

4055

BUNYA

$410

$400

CABOOLTURE

$172,500

3.9%

$178,700

-2.1%

-3.5%

4500

BRAY PARK

$355

$360

CABOOLTURE ^ *

$257,500

N/A

$260,000

0.0%

N/A

4501

LAWNTON

$340

$325

D'AGUILAR

N/A

$160,000

N/A

-9.1%

4502

FRENCHS FOREST

$340

$350

DAKABIN *

N/A

$200,000

1.3%

N/A

4503

DAKABIN

$355

$340

103

GRIFFIN *

$214,000

-0.5%

$210,000

2.4%

5.5%

4504

NARANGBA

$340

$330

MANGO HILL *

$225,000

N/A

$228,000

7.5%

-0.8%

4505

BURPENGARY

$324

$330

MORAYFIELD *

N/A

$172,000

-4.4%

-9.5%

4506

MOORINA

$295

$290

MURRUMBA DOWNS

N/A

$272,500

N/A

11.2%

4507

BANKSIA BEACH

$320

NARANGBA

$208,500

N/A

$201,450

1.7%

-8.4%

4508

DECEPTION BAY

$310

$295

NORTH LAKES

$240,000

N/A

$229,000

9.0%

10.9%

4509

MANGO HILL

$380

$375

WAMURAN ^ *

N/A

$236,000

N/A

4510

BALINGOOL

$290

173

$285

187

WARNER *

$228,750

N/A

$227,000

2.7%

0.9%

4511

GODWIN BEACH

$305

$300

WOODFORD ^

N/A

$213,500

2.7%

N/A

4512

BRACALBA

$370

4514

BELLTHORPE

$300

$325

REDLAND (LGA) ~ B

$70,000

75.0%

$130,000

-44.7%

-31.9%

4520

ARMSTRONG CREEK

$445

N.A.

BIRKDALE

$299,000

N/A

$314,000

N/A

4521

CAMPBELLS POCKET

$370

$350

MACLEAY ISLAND ~ f

$30,000

13.2%

$26,500

-1.9%

-58.6%

REDLAND CITY

$380

320

$380

319

MOUNT COTTON

N/A

$255,000

0.0%

6.3%

4157

CAPALABA

$380

$390

REDLAND BAY

N/A

$265,000

0.0%

1.9%

4158

THORNESIDE

$360

$390

RUSSELL ISLAND ~ *

$20,000

-9.1%

$20,250

-1.2%

-59.5%

4159

AQUATIC PARADISE

$385

$360

THORNLANDS *

$275,000

-2.0%

$285,000

4.8%

14.0%

4160

EROBIN

$400

$380

VICTORIA POINT

N/A

$265,000

N/A

4161

ALEXANDRA HILLS

$390

$385

WELLINGTON POINT

N/A

$335,000

4.7%

0.0%

4163

CLEVELAND

$405

$395

4164

PINKLANDS

$360

$410

4165

MOUNT COTTON

$380

$390

SURROUNDS LOCKYER VALLEY (LGA)

$100,000

N/A

$100,000

0.0%

-13.0%

4183

AMITY

$350

$315

LOCKYER VALLEY (LGA) ^ *

$125,000

8.7%

$125,000

4.2%

-3.8%

4184

COOCHIEMUDLO ISLAND

$240

$235

HATTON VALE ^

N/A

$138,000

-2.5%

N/A

LAIDLEY NORTH *

$100,000

N/A

$100,000

N/A

WITHCOTT ^ *

N/A

$149,000

N/A

14 QUEENSLAND MARKET MONITOR

BRISBANE MARKET UPDATES

RENTAL MARKET - 3 BED HOUSES (CONT’D) POST CODE

RENTAL MARKET - 3 BED TOWNHOUSES

JUN-14 LOCALITYL

$/WEEK

JUN-13

NEW BONDS $/WEEK

NEW BONDS

LOCKYER VALLEY REGIONAL

$280

$270

133

4341

BLENHEIM

$275

$270

4342

CROWLEY VALE

$285

$250

4343

ADARE

$280

$275

4344

CARPENDALE

$250

SOMERSET REGIONAL

$270

4311

ATKINSONS DAM

4312 4313 4515

CODE

JUN-14 LOCALITYL

$/WEEK

JUN-13

NEW BONDS $/WEEK

NEW BONDS

IPSWICH CITY

$310

$305

4300

AUGUSTINE HEIGHTS

$320

$330

4301

COLLINGWOOD PARK

$310

$300

4304

BLACKSTONE

$310

$305

$250

4305

BASIN POCKET

$305

$296

$260

LOGAN CITY

$335

391

$325

352

$275

$260

4114

KINGSTON

$310

$300

BRYDEN

$250

4118

BROWNS PLAINS

$345

BIARRA

$230

4119

UNDERWOOD

$405

GLENFERN

$300

4123

PRIESTS GULLY

$355

$320

4127

CHATSWOOD HILLS

$320

$325

4128

KIMBERLEY PARK

$340

$330

4131

LOGANLEA

$341

$355

4132

CRESTMEAD

$340

4133

CHAMBERS FLAT

$320

$315

4207

ALBERTON

$320

102

$320

107

MORETON BAY REGIONAL

$330

454

$330

473

4019

CLONTARF

$320

$350

4020

NEWPORT

$330

$325

4021

KIPPA-RING

$325

4035

ALBANY CREEK

$380

$370

4055

BUNYA

$350

N.A.

4500

BRAY PARK

$350

$335

4501

LAWNTON

$340

$330

4502

FRENCHS FOREST

$320

$330

4503

DAKABIN

$335

140

$335

117

4504

NARANGBA

$345

$340

4505

BURPENGARY

$315

$310

4506

MOORINA

$310

$290

4507

BANKSIA BEACH

$315

$290

4508

DECEPTION BAY

$305

$300

4509

MANGO HILL

$345

4510

BALINGOOL

$295

REDLAND CITY

$385

112

$380

4157

CAPALABA

$360

$350

4158

THORNESIDE

$375

$380

4160

EROBIN

$390

$375

4163

CLEVELAND

$405

$380

4165

MOUNT COTTON

$385

RENTAL MARKET - 2 BED UNITS IPSWICH CITY

$255

149

$240

122

4300

AUGUSTINE HEIGHTS

$275

$250

4301

COLLINGWOOD PARK

$260

4304

BLACKSTONE

$240

4305

BASIN POCKET

$250

$225

LOGAN CITY

$265

196

$250

194

4114

KINGSTON

$260

$250

4127

CHATSWOOD HILLS

$310

$290

4128

KIMBERLEY PARK

$290

4132

CRESTMEAD

$250

$235

4133

CHAMBERS FLAT

$240

$255

4207

ALBERTON

$255

$245

4280

JIMBOOMBA

$270

N.A.

MORETON BAY REGIONAL

$270

447

$270

427

4019

CLONTARF

$270

4020

NEWPORT

$295

$285

4021

KIPPA-RING

$265

N.A.

4500

BRAY PARK

$295

$280

4501

LAWNTON

$280

$260

4503

DAKABIN

$280

4505

BURPENGARY

$250

$260

4506

MOORINA

$260

$270

4507

BANKSIA BEACH

$270

$260

4508

DECEPTION BAY

$240

$290

4509

MANGO HILL

$315

4510

BALINGOOL

$255

$250

REDLAND CITY

$325

$295

4157

CAPALABA

$320

$295

4163

CLEVELAND

$360

$340

4165

MOUNT COTTON

$220

$191

LOCKYER VALLEY REGIONAL

$220

$240

ADARE

$245

4343

POST

EXPERTS’ GUIDE TO BUYING PROPERTY

BRISBANE - Sat 11 Oct I N F O R M AT I O N C A N B E H A R D T O F I N D

Find out more

JUNE QUARTER 2014

409

REGIONAL MARKET UPDATES

GOLD COAST

18 <$350,000

Local agents report the 2018 Commonwealth Games is driving renewed interest in the market from local, interstate and overseas investors, with a number of Asian airlines also increasing the number of direct flights to the Gold Coast. HOUSE MARKET

The housing market in all price brackets is performing well, with stock remaining tight and demand solid. Sale volumes have increased across most areas of the market with the medium price of houses increasing by 7.5 per cent in the year to June 2014. Gold Coast housing picked up where it left off in the March quarter, recording consistent sales activity and solid price growth. Preliminary sales activity in Surfers Paradise were up nine per cent over the June quarter. Hinterland suburbs Nerang and Mudgeeraba were among the other star performers to post healthy sales increases, along with Molendinar and Robina. Jacob’s Well, Yatala and Upper Coomera on the northern tip of the Gold Coast also recorded steady sales increases in the June quarter. The strongest sales activity occurred in the $500,000-plus price bracket, with the prestige end of the market priced upwards of $1 million also performing strongly. Auctions are also said to be getting more competitive, with many properties selling above their reserve price in another sign that confidence is returning to the marketplace. The acreage sector is also on the rise, with preliminary sales for the June quarter up seven per cent on the back of strong prestige sales. Agents report that buyers in all sectors remain price sensitive but they remain confident of steady price growth going forward, without any large upward spikes.

16 QUEENSLAND MARKET MONITOR

$350,000+

$500,000+

$1m+

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

Gold Coast real estate continues to gain momentum with investors returning to the market as a result of low interest rates, low vacancy rates and improvements in the local economy. Local agents report that investors see the Gold Coast as a good value alternative to interstate markets, which have been recording double digit price growth. Demand continues to be strong for properties in suburbs surrounding the Gold Coast Health and Knowledge Precinct. The new Gold Coast light rail system is also delivering an important economic boost, as investors grow more confident about the city’s long term prospects.

472

(p) Preliminary Source: REIQ, d

GOLD COAST HOUSE SALES (p) MAR 14 480

480

JUN 14 548 490

<$350,000

$350,000+

$500,000+

$1m+

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

(p) Preliminary Source: REIQ,

Average vendor discounting the Gold Coast SUNSHINE COAST &on NOOSA HOUSE SALESis(p)down to 6.1 per cent, compared to 12.9 per cent in June 2013. MAR 14 JUN 14 Over the same period, days on market on the Gold 440 437average Coast fell from 109 to 74. UNIT MARKET

311

346

The Gold Coast unit and townhouse market performed 81 the79June quarter, with preliminary sales figures strongly in 37 31 up 10 per cent. While there was a dip in prestige unit sales priced above $1 million, all other$500,000+ sectors of the unit market <$350,000 $350,000+ $1m+ performed strongly. (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

Unit sales increases up to $500,000 were strongest, with the $500,000 to $1 million price bracket also recording healthy growth. The median unit and townhouse price on the Gold Coast at the end of the June quarter was $352,000 – up 3.5 per cent over the last 12 months. Coolangatta, Palm Beach, Burleigh Heads on the southern end of the Coast recorded strong sales increases, with canal suburbs Mermaid Waters and Burleigh Waters also performing well. Sales were also strong in suburbs on the northern edge of the Gold Coast such as Coomera, Helensvale and Upper Coomera. RENTAL MARKET

The Gold Coast recorded a drop in its vacancy rate in the June quarter, down 0.5 percentage points to 1.7 per cent – a result not seen since December 2012. Local agents report the tight vacancy rate is driven by strong economic development which is increasing competition for rental properties. They report that vacancies are being snapped up quickly by tenants, which is making rental properties more attractive to investors.

(p) Preliminary Source: REIQ,

REGIONAL MARKET UPDATES

SALES MARKET - HOUSES SUBURB

NUMBER OF SALES JUN-14

SALES MARKET - HOUSES (CONT’D) MEDIAN SALE JUN-14

QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

1YR 5YR CHANGE CHANGE

SUBURB

NUMBER OF SALES JUN-14

MEDIAN SALE JUN-14

QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

1YR 5YR CHANGE CHANGE

GOLD COAST (LGA)

1,230

$515,000

3.0%

$494,500

5.4%

TAMBORINE ^ ~

$492,500

-15.5%

$515,000

8.9%

8.7%

GOLD COAST (LGA) ^

133

$678,000

-1.3%

$657,250

4.3%

-0.4%

TAMBORINE MOUNTAIN

$417,500

-0.6%

$417,500

6.4%

-7.2%

TAMBORINE MOUNTAIN ^ ~

N/A

$602,500

-10.5%

-2.8%

ARUNDEL

$475,000

5.0%

$469,000

-1.8%

0.9%

ASHMORE ~

$465,000

-8.1%

$469,500

9.2%

2.1%

BENOWA

$725,500

7.6%

$705,000

10.8%

3.7%

BIGGERA WATERS ~

N/A

$550,000

14.6%

2.4%

BONOGIN ^ ~

$590,000

12.4%

$570,000

-1.0%

-6.9%

GOLD COAST (LGA)

1,595

$350,000

0.0%

$352,000

3.5%

-2.2%

BROADBEACH WATERS ~

$851,500

4.5%

$802,500

12.9%

-0.9%

ARUNDEL

$295,000

N/A

$300,000

0.0%

-3.2%

BUNDALL

$765,000

4.1%

$768,500

8.2%

-6.1%

ASHMORE

$280,000

-4.7%

$275,000

7.8%

-7.1%

BURLEIGH HEADS ~

$637,500

13.3%

$580,000

11.5%

10.3%

BENOWA -

N/A

$370,000

-1.3%

15.6%

BURLEIGH WATERS

$622,000

8.2%

$580,000

9.4%

5.9%

BIGGERA WATERS * f

$325,000

2.8%

$376,000

14.3%

10.6%

CARRARA

$485,000

1.2%

$450,500

3.6%

4.3%

BILINGA ~

N/A

$415,000

21.5%

-21.7%

CLEAR ISLAND WATERS ~ f

$800,000

-11.6%

$796,500

8.0%

2.8%

BROADBEACH ~ f

$450,000

18.4%

$420,000

-10.6%

-6.7%

COOMBABAH

$390,000

-0.3%

$389,500

-3.8%

-2.6%

BROADBEACH WATERS

N/A

$370,000

5.7%

-7.5%

COOMERA ~

$370,000

-9.5%

$358,000

1.6%

-11.3%

BUNDALL

N/A

$325,500

0.9%

1.7%

CURRUMBIN ~ f

N/A

$750,000

33.3%

N/A

BURLEIGH HEADS

$405,000

3.6%

$378,250

5.1%

-4.5%

CURRUMBIN VALLEY ^

N/A

$770,000

0.0%

5.5%

BURLEIGH WATERS

$320,000

-5.2%

$330,000

4.8%

-8.3%

CURRUMBIN WATERS

$505,000

-3.8%

$500,000

4.2%

5.3%

CARRARA - ~

$338,750

-9.4%

$394,950

-1.3%

3.0%

ELANORA

$529,000

-1.1%

$510,000

7.4%

6.3%

CLEAR ISLAND WATERS -

$431,500

N/A

$439,750

4.7%

17.3%

HELENSVALE

$481,000

-0.6%

$475,000

3.4%

2.4%

COOLANGATTA ~ f

$366,000

-8.5%

$375,000

-3.8%

-15.1%

HELENSVALE ^ ~

N/A

$760,000

-2.9%

-12.1%

COOMBABAH

$310,000

-3.1%

$300,000

0.0%

-3.2%

HIGHLAND PARK ~

$400,500

-11.5%

$410,000

3.0%

2.5%

COOMERA - t *

N/A

$240,250

-14.2%

-18.6%

HOLLYWELL ~

N/A

$566,000

14.9%

9.4%

CURRUMBIN

N/A

$391,500

1.0%

-6.8%

HOPE ISLAND ~ f

$583,500

21.1%

$522,000

11.7%

-1.5%

CURRUMBIN WATERS ~ f

$302,500

-11.9%

$300,000

4.9%

-6.1%

JACOBS WELL

N/A

$404,750

9.4%

6.3%

ELANORA

$297,500

-2.1%

$295,000

3.5%

-4.8%

LABRADOR

$440,000

-1.1%

$420,000

9.1%

1.9%

HELENSVALE - ~ t

$329,500

-7.6%

$311,250

22.1%

3.8%

MAUDSLAND

N/A

$450,000

5.4%

7.1%

HIGHLAND PARK

N/A

$247,000

N/A

-13.3%

MAUDSLAND ^

N/A

$671,250

-0.2%

-5.5%

HOPE ISLAND -

$420,000

7.3%

$365,000

9.4%

8.1%

MERMAID BEACH ~ f

N/A

$885,000

4.1%

-18.1%

LABRADOR ~

$317,000

-1.7%

$320,000

12.6%

3.2%

MERMAID WATERS

$660,000

3.1%

$655,000

7.4%

5.6%

MAIN BEACH ~ f

$530,000

-19.4%

$555,000

-2.6%

-10.8%

MERRIMAC

$425,000

1.1%

$417,500

9.9%

1.8%

MERMAID BEACH f

$405,000

38.7%

$350,000

12.9%

-2.0%

MIAMI ~

$580,000

11.8%

$575,000

16.3%

15.0%

MERMAID WATERS ~ f

$316,500

20.5%

$300,000

2.6%

-4.8%

MOLENDINAR

$545,000

9.0%

$500,000

8.7%

7.5%

MERRIMAC ~

$284,000

1.4%

$355,000

18.3%

12.7%

MUDGEERABA

$483,250

2.0%

$470,000

9.3%

8.7%

MIAMI

$365,000

5.8%

$340,500

0.1%

-5.4%

MUDGEERABA ^

$615,000

N/A

$630,000

2.3%

1.6%

MUDGEERABA ~ t

$328,000

16.7%

$315,000

-11.3%

-6.0%

NERANG

$365,000

-3.1%

$365,000

6.1%

-1.5%

NERANG

$256,000

0.4%

$271,000

5.9%

-4.9%

NERANG ^

N/A

$717,750

2.5%

8.3%

ORMEAU

N/A

$324,500

6.4%

-7.6%

ORMEAU

$419,250

-0.9%

$410,000

1.2%

-2.6%

OXENFORD ~ t

$292,500

10.2%

$270,000

10.9%

-3.6%

ORMEAU ^

N/A

$637,500

-0.4%

6.3%

PACIFIC PINES ~ t

$365,000

14.1%

$367,500

5.6%

0.7%

ORMEAU HILLS

$432,000

N/A

$449,500

0.6%

N/A

PALM BEACH

$355,000

-5.3%

$350,000

8.2%

0.0%

OXENFORD

$407,500

-4.1%

$433,750

6.2%

3.3%

PARADISE POINT ~ f

$450,000

-17.4%

$510,000

-11.7%

20.0%

PACIFIC PINES

$447,500

-1.5%

$452,500

0.6%

1.0%

PIMPAMA - ~ t

$342,000

N/A

$366,400

-5.9%

N/A

PALM BEACH ~

$611,250

11.6%

$540,000

7.1%

4.3%

REEDY CREEK ~

$305,000

-3.6%

$299,000

16.8%

0.3%

PARADISE POINT ~ f

$750,000

-7.4%

$790,000

-4.8%

-8.7%

ROBINA

$380,500

-4.3%

$400,000

-2.4%

-7.0%

PARKWOOD ~

$473,500

-10.7%

$465,000

3.3%

1.1%

RUNAWAY BAY ~ f

$395,000

-9.2%

$420,000

-2.9%

-1.2%

PIMPAMA

N/A

$390,000

6.8%

N/A

SOUTHPORT ~ f

114

$297,750

-12.4%

$329,500

9.8%

-9.7%

REEDY CREEK

$610,500

0.2%

$611,000

-0.7%

-1.1%

SURFERS PARADISE

226

$348,000

5.5%

$350,500

1.6%

-5.3%

ROBINA ~

$559,000

11.8%

$535,000

5.2%

4.1%

TUGUN

$377,500

5.4%

$375,000

7.1%

-12.0%

RUNAWAY BAY

$638,750

-2.5%

$760,000

7.0%

-6.2%

UPPER COOMERA -

$305,000

0.0%

$295,000

3.5%

-13.2%

SOUTHPORT

$460,000

4.0%

$440,000

5.8%

-2.2%

VARSITY LAKES

$370,000

-5.1%

$375,000

4.4%

-3.9%

SURFERS PARADISE

$1,118,750

1.7%

$1,150,000

4.5%

-8.0% 7

N/A

$260,000

N/A

30.0%

SALES MARKET - UNITS & TOWNHOUSES

TALLAI ^

N/A

$720,000

2.9%

6.7%

SURROUNDS

TALLEBUDGERA ^ ~

$672,500

-20.2%

$675,000

3.8%

-8.2%

SCENIC RIM (LGA) ~ t

TALLEBUDGERA VALLEY ^

N/A

$725,000

N/A

N/A 9.6%

TUGUN ~

$512,500

4.3%

$495,000

12.6%

UPPER COOMERA

$407,000

-4.2%

$398,000

4.7%

-1.7%

UPPER COOMERA ^

N/A

$637,000

N/A

VARSITY LAKES

$463,500

-3.4%

$470,000

0.0%

3.8%

WILLOW VALE ^

N/A

$825,000

9.6%

N/A

WORONGARY

N/A

$405,000

8.0%

6.7%

WORONGARY ^

N/A

$627,500

8.2%

YATALA ^

N/A

$621,750

N/A

SCENIC RIM (LGA)

$355,000

-2.1%

$350,000

2.9%

SCENIC RIM (LGA) ^

$476,000

-0.8%

$460,000

3.6%

4.0%

BEAUDESERT

$310,000

-3.1%

$310,000

-1.6%

0.0%

SURROUNDS

BOONAH

N/A

$283,500

3.1%

-0.5%

KOORALBYN ^

N/A

$315,000

1.2%

0.0%

Local agents report the 2018 Commonwealth Games is driving renewed interest in the market from local, interstate and overseas investors JUNE QUARTER 2014

$250,000+

$350,000+

<$250,000 $250,000+ $350,000+ $500,000+ <$250,000 $250,000+ $350,000+ $1m+

$500,000+

REGIONAL MARKET UPDATES (p) Preliminary. See explanatory notes for further information.

JUN 14 40

30 26

235

33 8

5 <$250,000

$250,000+

$350,000+

SUBURB

MAR 14

$500,000+

QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

POST 1YR 5YR CHANGE CHANGE

145

$235,000

1.7%

$230,000

1.3%

-1.7%

$315,000

N/A

$356,750

1.9%

-18.9%

15 $225,000

N/A

$222,000

GILSTON *

N/A

$250,000

HELENSVALE

N/A

$485,000

<$250,000

$250,000+ 6 N/A $350,000+ N/A

10N/A

-7.5%

5.0%

14.2%

N/A

$500,000+ $220,000 -2.2%

1.9%

(p) Preliminary. information. N/A ORMEAU HILLS See explanatory notes 5 for further N/A

$217,000

5.3%

N/A

PIMPAMA *

$218,500

0.9%

$218,750

-4.4%

-8.9%

REEDY CREEK *

$320,000

N/A

$318,495

N/A

8.1%

UPPER COOMERA *

$237,500

3.5%

$229,500

4.1%

-0.2%

WILLOW VALE *

N/A

$195,000

N/A

ORMEAU

Source: REIQ, data provided by RP Data.

SURROUNDS SCENIC RIM (LGA)

N/A

$177,250

-1.3%

-4.2%

SCENIC RIM (LGA) ^ ~

$198,500

-15.5%

$204,000

14.6%

20.0%

KOORALBYN ^

N/A

$99,500

N/A

-9.5%

CODE

4209 4210

RENTAL MARKET - 3 BED HOUSES CODE

$/WEEK

<$2

(p) Preliminary. See e (p) Preliminary. Source: REIQ,REIQ, datada p Source:

COOMERA

$/WEEK

$360

177 164$310

OXENFORD

105 ADVANCETOWN HELENSVALE

4214

ARUNDEL

4215

MAR 14 JUN 14 JUN-14 MAR 14 JUN 14

14 COAST CITY GOLD 197 181

4212

LABRADOR <$250,000

$300 $365

NEW BONDS

2,408

$350

2,487

$300

$290

$310

109 105 46 48

$325

$250,000+$350

JUN-13

NEW BONDS $/WEEK

$420

4216 PARADISE POINTnotes for further information. $350 (p) Preliminary. See explanatory <$250,000 $250,000+ $350,000+ Source: REIQ, data provided by RP Data. 4217 BENOWA $395 (p) Preliminary. See explanatory notes for further information. 4218 BROADBEACH $365 Source: REIQ, data provided by RP Data.

$390 $290 23

475

$350,000+$340

NEW BONDS $/WEEK

NEW BONDS

GOLD COAST CITY

$430

960

$420

1,005

BURNSIDE

$390

$370

4209

COOMERA

$380

$365

4210

OXENFORD

$390

4211

ADVANCETOWN

$400

106

$385

124

4212

HELENSVALE

$440

$435

4213

BONOGIN

$430

4214

ARUNDEL

$420

$400

4215

LABRADOR

$400

112

$385

105

4216

PARADISE POINT

$410

$390

4217

BENOWA

$560

$575

4218

BROADBEACH

$520

$500

4220

BURLEIGH HEADS

$485

$465

4221

ELANORA

$480

$440

4223

CURRUMBIN

$465

$410

4224

TUGUN

$430

$440

4225

BILINGA

$440

$400

4226

CLEAR ISLAND WATERS

$450

513

$330

174

574

$380

567

340

$360

375

$1m+

BURLEIGH HEADS

$370

185

$360

194

4221

ELANORA

$310

137

$310

139

4223

CURRUMBIN

$365

$350

4224

TUGUN

$330

$310

4225

BILINGA

$330

105

$325

125

4226

CLEAR ISLAND WATERS

$400

$385

4227

REEDY CREEK

$336

111

$350

121

SCENIC RIM REGIONAL

$220

$216

ALLENVIEW

$210

$200

4227

REEDY CREEK

$440

$430

SCENIC RIM REGIONAL

$340

114

$300

112

4270

TAMBORINE

$380

$370

4271

EAGLE HEIGHTS

$380

$350

4272

MOUNT TAMBORINE

$385

$360

4275

BENOBBLE

$360

$390

4285

ALLENVIEW

$310

$300

4307

COLEYVILLE

$240

N.A.

4309

ARATULA

$265

4310

ALLANDALE

$260

$250

GOLD COAST CITY

$380

1,089

$375

1,181

4208

BURNSIDE

$370

4209

COOMERA

$350

137

$340

174

4210

OXENFORD

$350

4211

ADVANCETOWN

$370

175

$360

215

4212

HELENSVALE

$435

$420

4213

BONOGIN

$370

$350

4214

ARUNDEL

$380

$360

4215

LABRADOR

$380

128

$385

120

4216

PARADISE POINT

$400

$355

102

4217

BENOWA

$480

$450

4218

BROADBEACH

$420

$390

4220

BURLEIGH HEADS

$380

$365

4221

ELANORA

$390

$380

4223

CURRUMBIN

$370

$365

4224

TUGUN

$430

4226

CLEAR ISLAND WATERS

$435

142

$430

142

4227

REEDY CREEK

$410

$400

SCENIC RIM REGIONAL

$310

N.A.

ALLENVIEW

$310

N.A.

4285

198

$500,000+

4220

JUN-13

4208

18 QUEENSLAND MARKET MONITOR

0 46

RENTAL MARKET - 3 BED TOWNHOUSES

JUN-14 LOCALITYL

LOCALITY 16L

4211

4285

POST

GLADSTONE LAND SALES (p) SUNSHINE & NOOSA UNIT SALES (p) RENTAL MARKET - 2COAST BED UNITS

GOLD COAST (LGA) ^ ~ * COOMERA *

290

241

<$250,000 $250,000+ $350,000+ $1m+ <$250,000 $250,000+ $350,000+ $500,000+

GOLD COAST (LGA)

(p) Preliminary. See explanatory notes for further information. (p) Preliminary. See by explanatory Source: REIQ, data provided RP Data. notes for further information. Source: REIQ, data provided by RP Data.

JUN 14

MEDIAN SALE JUN-14

273

SUNSHINE COAST & NOOSA LAND SALES (p) SALES MARKET - VACANT LAND NUMBER OF SALES JUN-14

MARMAR 14 14 JUNJUN 14 14 520 451 447 391

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

(p) Preliminary. See (p) Preliminary. Source: REIQ, datada p Source: REIQ,

GOLD COAST BUNDABERG LANDUNIT SALESSALES (p) (p)

GOLD COAST LAND SALES (p) MAR 14

<$25

(p) Preliminary. See explanatory forinformation. further information. (p) Preliminary. See explanatory notes fornotes further Source: REIQ, data provided by RP Data. Source: REIQ, data provided by RP Data.

Source: REIQ, data provided by RP Data.

<$2

(p) Preliminary. See Source: REIQ, data p (p) Preliminary. Source: REIQ, da

REGIONAL MARKET UPDATES

TOOWOOMBA Toowoomba continues to be one of Queensland’s strongest BRISBANE CITYwith LANDmedian SALES (p) performing real estate regions, sale prices rising by more than 20 per MARcent 14 over JUNthe 14 last five years. 59

This trajectory of growth continued in the June quarter 43 volumes and amid rising sales house prices. The 40 higher 40 38 Toowoomba economy is performing strongly, with its31 agricultural and resource sectors going from strength to 13 9 strength. New infrastructure projects including the recently opened <$250,000 $350,000+ Wellcamp Airport and $250,000+ proposed Second Range $500,000+ Crossing are (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. development and jobs, which is also generating economic driving growth in the housing sector.

TOOWOOMBA LAND SALES (p) MAR 14

JUN 14

24 7

<$250,000

$250,000+

$350,000+

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

(p) Prel Source:

FRASER COAST LAND SALES (p)

BRISBANE SURROUNDS LAND SALES (p)

Includes IPSWICH, LOGAN, MORETON BAY & REDLAND Local agents are optimistic these trends will persist into the MAR 14 JUN 14 Spring before continuing in 2015. 71

MAR 14

JUN 14

HOUSE MARKET 53

UNIT MARKET 42

Preliminary house sales figures show 36 a five per cent rise in Toowoomba in the June 21 quarter, with acreage properties also recording a strong increase of nine per5 cent.

Preliminary data shows sales activity in Toowoomba’s unit and townhouse market increased by three per cent over the June quarter.

Toowoomba’s median house price was up 3.4 per cent in $250,000+ $350,000+ $500,000+ the June quarter to $336,000. (p) Preliminary. See explanatory notes for further information.

Source: REIQ, data provided by RP Data. East Toowoomba, South Toowoomba and Wilsonton all recorded double digit sales growth the June GOLD COAST LANDin SALES (p) quarter, with Rangeville and Toowoomba City also recording MAR 14 JUN 14 sales increases.88

In the wider 64 Toowoomba region Oakey and Highfields also saw an increase in sales in the June quarter. 33 Local agents report the26housing market performed well in 16 all price brackets, with stock remaining 8tight and demand 6 5 solid. Sale volumes have increased across most areas of the market with the medium price of houses increasing by <$250,000 $250,000+ $350,000+ $500,000+ 7.5 (p) per cent in the year to June 2014. Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

Preliminary data shows a strong increase in the $350,000 to $500,000 price bracket. house SUNSHINE COASTPrestige & NOOSA LANDsales SALESabove (p) $500,000 also increase by more than 50 per cent in the MAR 14 JUN 14 June quarter, with 60 properties changing hands. 71 Agents are reporting increased competition for new 50 listings from both listing agents and buyers alike. 35

Average vendor discounting in Toowoomba is down to 21 20 15 4.6 per cent, compared to 7.3 per cent in June102013,10and continues to be the lowest across all major regions. <$250,000

$250,000+

$350,000+

$500,000+

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

TOOWOOMBA HOUSE BRISBANE CITY UNITSALES SALES(p)(p) MAR MAR1414 288

294

330 363 44

371

454 60 30

<$250,000 $250,000+ $350,000+ $500,000+

FRASER COAST HOUSE SALES (p) (p) BRISBANE SURROUNDS UNIT SALES 185

MAR MAR14 14 260

JUN JUN14 14

(p) Pre Source

BUNDABERG LAND SALES (p)

RENTAL MARKET

Toowoomba’s rental market1remained very tight at 1 1 0 the end of June, recording a vacancy rate of 1.5 per cent. <$250,000

$250,000+

$350,000+

This was up the end of March, but the (p) Preliminary. See marginally explanatory notes forfrom further information. Source: REIQ, data provided by RP Data. thriving regional city’s vacancy rate has not gone above the two per cent mark since December 2011. GLADSTONE LAND SALES (p)

(p) Pre Source

Local agents report a steady MAR 14demand JUN 14for well maintained and presented properties. They also report that landlords 16 are taking the 14 opportunity to increase rental returns to reflect the higher market value of their properties. Strong interstate investment continues to add to the supply of rental stock, which is being absorbed by a 1 undergoes 1 growing workforce as the city a new wave of 0 0 economic development <$250,000

$250,000+

$350,000+

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

MAR MAR14 14

(p) Pr Sourc

JUN JUN14 14

36 36 78

(p) Preliminary. See See explanatory notes for further information. (p) Preliminary. explanatory notes for further information. Source: REIQ, datadata provided by RP Source: REIQ, provided by Data. RP Data.

INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND

Unit sales up to $350,000 remained steady, with higher MAR 14 recorded JUN 14 solid increases prices units and townhouses 40 prices and sales activity are expected in sales. Demand, to remain firm throughout the Spring selling period and 30 heading into 2015.

42 43 144 153

TOOWOOMBA UNIT SALES (p)SALES (p) ROCKHAMPTON & LIVINGSTONE HOUSE

JUN JUN1414 860

651 184 163

Local agents report a Toowoomba Regional Council $250,000+ incentive <$250,000 in 2013 to halve application fees $350,000+ for strata titled (p) Preliminary. See explanatory notes for further information. units resulted inData. hundreds of new apartments being Source: has REIQ, data provided by RP built and sold.

68 14

18 30 2 20

$1m+

(p) Preliminary. See explanatory notes for further information. (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. Source: REIQ, data provided by RP Data.

(p) Prelimin Source: REI

MACKAY HOUSE SALES (p)(p) FRASER COAST UNIT SALES

JUNE QUARTER 2014

MAR MAR 14 14 JUNJUN 14 14 114

REGIONAL MARKET UPDATES

SALES MARKET - VACANT LAND

SALES MARKET - HOUSES SUBURB

NUMBER OF SALES JUN-14

MEDIAN SALE JUN-14

QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

1YR 5YR CHANGE CHANGE

NUMBER OF SALES JUN-14

SUBURB

MEDIAN SALE JUN-14

MEDIAN SALE 12MTHS JUN-14

QTRLY CHANGE

1YR 5YR CHANGE CHANGE

TOOWOOMBA (LGA)

550

$336,000

3.4%

$330,000

10.0%

23.6%

TOOWOOMBA (LGA) *

$160,834

-6.5%

$154,000

-3.4%

40.0%

TOOWOOMBA (LGA) ^ ~

111

$475,000

-8.7%

$478,000

8.9%

24.8%

TOOWOOMBA (LGA) ^ *

$180,000

-5.3%

$177,250

18.2%

19.0%

CABARLAH ^

N/A

$520,000

N/A

GLENVALE *

N/A

$170,000

6.3%

49.1%

CENTENARY HEIGHTS

$342,500

1.6%

$343,000

7.2%

23.6%

GOWRIE JUNCTION ^ ~

N/A

$173,000

16.9%

N/A

COTSWOLD HILLS ^

N/A

$545,000

3.8%

N/A

HIGHFIELDS ^ *

N/A

$200,000

N/A

33.3%

CROWS NEST ~

N/A

$246,000

-3.5%

20.0%

HODGSON VALE ^

N/A

$185,000

N/A

DARLING HEIGHTS

$342,000

5.6%

$335,000

8.1%

21.8%

KLEINTON *

N/A

$152,000

-4.4%

N/A

EAST TOOWOOMBA ~

$437,000

5.3%

$410,000

13.1%

24.4%

WESTBROOK *

N/A

$154,000

1.3%

55.6%

GLENVALE

$366,500

8.1%

$343,500

2.5%

18.3%

GLENVALE ^

N/A

$495,000

-6.9%

8.8%

SURROUNDS

GOWRIE JUNCTION ^ ~

N/A

$410,000

N/A

33.6%

SOUTHERN DOWNS (LGA)

N/A

$79,000

4.8%

-7.1%

HARLAXTON ~

$255,000

-12.1%

$255,000

2.0%

13.2%

HARRISTOWN

$298,500

-0.2%

$299,100

10.8%

23.0%

WESTERN DOWNS (LGA) *

N/A

$150,000

-1.3%

53.1%

HIGHFIELDS

$435,000

N/A

$453,000

2.5%

13.3%

WESTERN DOWNS (LGA) ^ ~

N/A

$135,000

12.5%

42.1%

HIGHFIELDS ^ ~ *

$535,000

7.5%

$519,500

13.1%

27.6%

CHINCHILLA *

N/A

$150,000

3.4%

59.6%

KEARNEYS SPRING ~ *

$412,500

19.6%

$357,000

8.3%

23.1%

DALBY ^

N/A

$120,000

4.3%

14.3%

KINGSTHORPE ~ *

N/A

$297,000

20.7%

18.8%

KLEINTON

$518,500

N/A

$480,000

12.9%

N/A

MERINGANDAN WEST

N/A

$380,000

10.1%

N/A

MERINGANDAN WEST ^

N/A

$309,000

-3.4%

1.6%

MIDDLE RIDGE ^

N/A

$740,000

12.5%

N/A

MIDDLE RIDGE ~

$517,000

14.0%

$466,500

3.7%

18.1%

MILLMERRAN

N/A

$196,000

N/A

MOUNT LOFTY ~

$424,000

2.3%

$388,500

15.6%

19.5%

NEWTOWN

$290,500

-3.0%

$285,000

11.7%

21.3%

NORTH TOOWOOMBA ~

$326,000

2.2%

$297,000

10.8%

29.1%

OAKEY *

$216,500

5.2%

$220,400

14.2%

10.2%

PITTSWORTH ~

$320,000

24.3%

$275,000

0.0%

8.5%

RANGEVILLE

$400,000

6.0%

$385,000

1.1%

10.5%

ROCKVILLE

$305,000

3.4%

$273,750

11.7%

17.1%

SOUTH TOOWOOMBA ~

$310,000

3.3%

$312,550

12.9%

26.0%

TOOWOOMBA CITY ~

$310,000

-4.2%

$317,500

13.4%

18.5%

WESTBROOK

$434,000

0.9%

$431,000

5.4%

17.4%

WILSONTON

$332,000

2.2%

$304,000

8.8%

24.1%

WILSONTON HEIGHTS

$280,000

-0.9%

$280,000

7.8%

24.4%

WYREEMA

N/A

$299,250

N/A

8.8%

SURROUNDS GOONDIWINDI (LGA) ~

$225,000

-13.1%

$228,000

6.0%

-3.6%

GOONDIWINDI ~

$242,000

-35.5%

$270,000

0.7%

5.9%

SOUTHERN DOWNS (LGA) ~

$252,000

-3.1%

$250,000

11.1%

10.1%

SOUTHERN DOWNS (LGA) ^

$305,000

-3.2%

$325,000

8.3%

6.6%

ROSENTHAL HEIGHTS

N/A

$303,000

N/A

STANTHORPE

N/A

$240,500

4.1%

10.3%

WARWICK

$254,500

-7.5%

$257,000

8.2%

9.4%

WARWICK ^

N/A

$275,000

N/A

WESTERN DOWNS (LGA) ~

$227,000

-15.9%

$290,000

-2.8%

20.8%

WESTERN DOWNS (LGA) ^ ~

$337,500

9.0%

$400,000

3.4%

29.7%

CHINCHILLA ~ Y

N/A

$350,000

-9.1%

40.0%

DALBY ^

$415,000

N/A

$435,000

-3.3%

12.1%

DALBY ~

$234,500

-12.2%

$265,000

6.0%

SALES MARKET - UNITS & TOWNHOUSES

RENTAL MARKET - 3 BED HOUSES POST CODE

JUN-14 LOCALITYL

$/WEEK

JUN-13

NEW BONDS $/WEEK

NEW BONDS

TOOWOOMBA REGIONAL

$300

588

$295

589

4350

KEARNEYS SPRING

$310

451

$300

452

4352

AMIENS

$340

$300

4355

ANDURAMBA

$250

$240

4356

PITTSWORTH

$270

$295

4357

BRINGALILY

$240

$245

4359

ASCOT

$300

N.A.

4361

BACK PLAINS

$230

$240

4363

SOUTHBROOK

$250

N.A.

4400

KINGSTHORPE

$290

$260

4401

ACLAND

$270

$255

4614

NEUMGNA

$220

GOONDIWINDI REGIONAL

$290

$280

4387

BRUSH CREEK

$230

N.A.

4390

BILLA BILLA

$290

$285

SOUTHERN DOWNS REGIONAL

$250

147

$240

4362

ALLORA

$265

N.A.

4370

ALLAN

$250

4380

AMIENS

$240

$230

WESTERN DOWNS REGIONAL

$300

141

$350

187

4405

BLAXLAND

$290

$300

4413

BAKING BOARD

$380

$450

4415

MILES

$350

$500

4421

GORANBA

$280

$210

148

RENTAL MARKET - 2 BED UNITS TOOWOOMBA REGIONAL

$250

314

$230

316

4350

KEARNEYS SPRING

$250

296

$230

298

4352

AMIENS

$258

N.A.

GOONDIWINDI REGIONAL

$200

$190

BILLA BILLA

$200

$190

4390

SOUTHERN DOWNS REGIONAL

$200

4370

ALLAN

$199

$200

4380

AMIENS

$200

$165

WESTERN DOWNS REGIONAL

$250

$245

TOOWOOMBA (LGA) *

104

$272,250

0.8%

$275,000

8.7%

22.2%

CENTENARY HEIGHTS

N/A

$322,548

2.2%

N/A

EAST TOOWOOMBA ~

$215,000

-11.5%

$240,000

-2.4%

13.7%

4405

BLAXLAND

$220

$230

HARRISTOWN ~ t

N/A

$245,500

27.2%

12.6%

4413

BAKING BOARD

$320

$400

KEARNEYS SPRING

$268,500

-4.6%

$285,000

5.6%

18.3%

NEWTOWN

$251,000

N/A

$239,500

1.1%

10.1%

RANGEVILLE

N/A

$322,000

10.0%

18.4%

SOUTH TOOWOOMBA * t

N/A

$289,500

25.7%

N/A

TOOWOOMBA CITY *

N/A

$260,000

N/A

33.3%

WILSONTON

N/A

$244,000

-5.4%

5.4%

SURROUNDS WESTERN DOWNS (LGA)

N/A

$385,000

10.8%

N/A

CHINCHILLA

N/A

$380,227

6.5%

N/A

20 QUEENSLAND MARKET MONITOR

RENTAL MARKET - 3 BED TOWNHOUSES 4350

TOOWOOMBA REGIONAL

$320

$295

KEARNEYS SPRING

$320

$295

<$350,000

437

A year later, houses are now selling on average after 91 days and units 107 days. Average vendor discounting has also improved, with discounting six per cent for houses and 6.5 per cent for units, effectively putting nearly $8,500 more in vendors’ pockets for a median priced house. BRISBANE CITY UNIT to SALES (p) Overall, market conditions are said be varied from location MAR 14 JUN 14 to location, with coastal suburbs outperforming those 860 located inland. 651 454

330 363sales activity371 Over the June quarter, was varied across the region, with Noosa posting an increase of 22 per cent, 57 45 30 eased while the44Sunshine Coast Regional council area slightly.<$250,000 According to local agents, however this was short$250,000+ $350,000+ $500,000+ $1m+ lived, with See sales over the months to September reportedly (p) Preliminary. explanatory notes for further information. Source: REIQ, data provided by RP Data. ramping up once again.

SURROUNDS According to BRISBANE local agents, activityUNIT hasSALES been(p) up across INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND the board, with sales occurring as low as the $200,000s MAR 14 JUN 14 260 to upwards of $1.5 million. Most activity, however, is 207 occurring the affordable end of the market up to 182 at197 $600,000. 99 111

REIQ’S price point data confirms this, with the highest 43 46 number of preliminary sales numbers recorded 3 in5 the $350,000-plus bracket. Increased sales activity, however, <$250,000 $250,000+ $350,000+ $500,000+bracket $1m+with an was most prominent in the $500,000-plus (p) Preliminary. See explanatory notes for further information. additional 35provided preliminary sales recorded on the March Source: REIQ, data by RP Data. quarter, which local agents say is dominated by home GOLD COAST UNIT SALES (p) buyers. JUN 14

Investors in this segment 520 of the market are said to be 451due to competition from 447 missing out active but many are 391 premium home owner buyers. 290

273

241 235 Top performing suburbs were predominantly with medians in the mid-$400,000s, including Little Mountain, Maleny 46 36 and Sippy Downs. <$250,000 $250,000+ $350,000+ $500,000+

$1m+

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

164

346

$350,000+

$500,000+

$1m+

(p) Preliminary Source: REIQ, d

UNIT MARKET

In the unit and townhouse market, Noosa once again was the star TOOWOOMBA performer, with up 31 per UNITsales SALESactivity (p) cent, compared to just three per cent for the MAR 14 CITY JUNLAND 14 SALES (p) Sunshine BRISBANE Coast42council area. TopMAR performing suburbs include 43 14 JUN 14 36 Kings Beach and36Sunrise Beach, while in Nambour and 59 Buderim sales were also up over the quarter. 43

38 18

Across the Sunshine Coast region, including Noosa, (p) Preliminary. See e $500,000+ sales activity was up across most price points, with the Source: REIQ, data pr (p) Prelimina Source: REIQ affordable end of the market performing strongest. Unit FRASER COAST UNIT SALESwere (p) up 33 per cent sales in the sub-$250,000 bracket BRISBANE SURROUNDS LAND SALES (p) MAR 14 JUN 14 IPSWICH, LOGAN, MORETON BAY & REDLANDby the $250,000compared to the Includes March quarter, followed MAR 14 JUN 14 21 1 plus bracket, up 71 9 per cent. 9 18

RENTAL MARKET 53

15 10

9 36 While investor activity is on the increase, tenant demand 4 4 3 21 remains strong given the employment opportunities surrounding the multiple infrastructure and 5 commercial 3 developments in the region.

$250,000+ $350,000+ (p) Preliminary. See explanatory notes for further information. (p) Preliminary. Seeby explanatory Source: REIQ, data provided RP Data. notes for further information. Source: REIQ, data provided by RP Data.

$500,000+

(p) Preliminary. See e

According to the REIQ’s latest rental survey, vacancy Prelimina Source: (p) REIQ, data pr Source: REIQ levels at the end of June tightened to 1.1 per cent for UNITarea, SALESwith (p) the Sunshine BUNDABERG CoastGOLD council and COAST LAND SALESCaloundra (p) MAR 14 JUN 14 Maroochy coastal suburbs recording 0.9 per cent and MAR 14 JUN 14 18 6 88 the hinterland two per cent. The Noosa Council area saw its vacancy rate ease to 2 per cent on the back of strong 64 42 investor activity. 9

33 Tight vacancy rates for 26well over a year now are now 16 3 June converting to higher asking rents. quarter, 2 Over8 the 26 5 median weekly rents for three0 bedroom house and two bedroom <$250,000 flats across$250,000+ the two council areas recorded $350,000+ $500,000+ minimal increases of $20. (p) Preliminary. See explanatory notes for further information. (p) Prelimina (p) Preliminary. See explanatory notes for further information. (p) Preliminary. See ex

Source: Source: REIQ, dataREIQ pro

SUNSHINE COAST & SALES NOOSA(p) LAND SALES (p) GLADSTONE UNIT

<$250,000 $250,000+ $350,000+ $500,000+

(p) Preliminary. See explanatory notes for further information. <$250,000 $250,000+ $350,000+ Source: REIQ, data provided by RP Data. (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

6 50

MAR 14MAR 14 JUN 14JUN 14

135 1

109 105

20 23

ROC

14 in high demand,31the top With close proximity to beaches 7 sales increases over the year to June were recorded in 2 13 9 Mooloolaba, Maroochydore and Kings Beach.

Source: databy provided by RP Data. Source: REIQ, dataREIQ, provided RP Data.

177

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

JUN 14

<$350,000

JUN 14

105

(p) Preliminary Source: REIQ, d

197

$1m+

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

SUNSHINE COAST & NOOSA UNIT SALES (p)

181

MAR 14 440

311

Over the year to June 2013, the region posted average days on market of 112 for houses and 125 for units, and average vendor discounting of 7.8 and 8.5 per cent respectively.

MAR 14

$500,000+

SUNSHINE COAST & NOOSA HOUSE SALES (p)

The Sunshine Coast residential property market continues to go from strength to strength, with average time on market and vendor discounting one of the most improved over the last 12 months.

MAR 14

REGIONAL MARKET UPDATES

$350,000+

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

SUNSHINE COAST

HOUSE MARKET

$1m+

<$250,000

$250,000+

$350,000+

$500,000+

(p) Preliminary. See explanatory notes for further information. (p) Preliminary. explanatory notesby forRP further Source:See REIQ, data provided Data. information. Source: REIQ, data provided by RP Data.

JUNE QUARTER 2014

(p) Prelimina Source: REIQ (p) Preliminary. See Source: REIQ, data p

REGIONAL MARKET UPDATES

SALES MARKET - HOUSES SUBURB

NUMBER OF SALES JUN-14

SALES MARKET - HOUSES (CONT’D) MEDIAN SALE JUN-14

QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

1YR 5YR CHANGE CHANGE

SUBURB

NUMBER OF SALES JUN-14

MEDIAN SALE JUN-14

QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

1YR 5YR CHANGE CHANGE

SUNSHINE COAST (LGA) #

788

$468,000

0.2%

$460,000

5.7%

4.1%

PEREGIAN BEACH ~ f

$615,000

20.9%

$602,500

0.8%

9.5%

SUNSHINE COAST (LGA) ^ ~ #

152

$547,500

-7.2%

$553,500

6.4%

-3.7%

POMONA ^

N/A

$471,500

4.9%

-5.1%

ALEXANDRA HEADLAND

N/A

$692,500

-3.8%

-5.8%

SUNRISE BEACH ~ f

$620,000

-23.5%

$617,500

15.7%

1.5%

AROONA

$434,500

-5.0%

$432,500

0.6%

2.7%

SUNSHINE BEACH ~ f

N/A

$1,100,000

42.4%

45.7%

TEWANTIN

$445,000

3.5%

$425,000

4.9%

-0.6%

BATTERY HILL ~

N/A

$429,000

14.4%

9.0%

BEERWAH

$375,000

-1.3%

$378,500

2.3%

-1.7%

BEERWAH ^

N/A

$465,000

N/A

-3.1%

BLI BLI ~

$442,500

12.9%

$430,000

15.0%

13.2%

BUDDINA

N/A

$535,000

8.5%

-11.2%

SUNSHINE COAST (LGA) #

483

$348,950

-0.2%

$343,000

0.9%

0.4%

BUDERIM

110

$535,000

3.4%

$525,000

8.2%

1.9%

ALEXANDRA HEADLAND

$322,500

-2.3%

$325,000

8.0%

3.5%

BUDERIM ^ ~

N/A

$820,000

14.7%

-1.8%

BIRTINYA *

N/A

$385,000

-14.4%

N/A

BURNSIDE

N/A

$370,000

5.3%

2.4%

BUDDINA

N/A

$366,500

N/A

-7.2%

CALOUNDRA WEST

$425,000

6.3%

$412,000

6.6%

-0.7%

BUDERIM

$400,000

3.1%

$385,250

1.9%

11.7%

COES CREEK

N/A

$367,500

6.5%

1.9%

CALOUNDRA ~

$335,000

-6.4%

$342,500

-6.2%

-9.9%

COOLUM BEACH ~

$532,500

10.9%

$480,000

11.6%

2.1%

COOLUM BEACH

$372,500

3.5%

$350,000

2.9%

6.5%

CURRIMUNDI

$440,000

1.9%

$434,000

8.1%

2.1%

CURRIMUNDI

N/A

$345,000

4.5%

0.9%

DICKY BEACH

N/A

$574,500

5.4%

N/A

GOLDEN BEACH ~ f

$332,500

-13.4%

$352,500

8.5%

-3.3%

EUMUNDI ^ ~

N/A

$575,000

-10.5%

N/A

KINGS BEACH

$337,000

7.7%

$329,500

-3.1%

-16.1%

GLASS HOUSE MOUNTAINS

$395,000

-1.6%

$395,000

2.6%

-4.1%

MARCOOLA * f

N/A

$331,250

-1.4%

9.5%

GLASS HOUSE MOUNTAINS ^

N/A

$420,000

0.0%

-1.1%

MAROOCHYDORE

$368,000

2.9%

$355,000

4.7%

2.9%

GLENVIEW ^

N/A

$580,000

14.3%

0.9%

MINYAMA

N/A

$285,000

-1.4%

-3.7%

GOLDEN BEACH

$465,000

3.6%

$435,000

5.6%

0.0%

MOOLOOLABA ~ f

$350,000

-14.9%

$349,000

2.6%

0.3%

KULUIN ~

$394,750

N/A

$408,000

20.5%

2.8%

MOUNT COOLUM * t

$279,000

5.3%

$265,000

-19.7%

LANDSBOROUGH

$352,500

N/A

$347,500

-0.7%

-3.5%

MOUNTAIN CREEK * f

$390,000

N/A

$358,000

-0.3%

32.6%

LANDSBOROUGH ^ ~

N/A

$500,000

17.6%

9.3%

NAMBOUR ~

$181,000

N/A

$213,000

-20.7%

-16.6%

LITTLE MOUNTAIN

$473,000

6.3%

$461,000

6.8%

1.3%

PARREARRA *

$394,250

N/A

$412,500

19.2%

-12.2%

MALENY

$428,000

N/A

$421,000

0.2%

PELICAN WATERS

N/A

$450,000

-1.6%

3.4%

MALENY ^ ~

N/A

$582,500

9.9%

-8.1%

TWIN WATERS

N/A

$477,000

3.6%

-4.6%

MAPLETON

N/A

$385,250

N/A

-3.4%

SALES MARKET - UNITS & TOWNHOUSES

MARCOOLA ~ f

$462,500

N/A

$463,500

-11.7%

5.9%

MAROOCHY RIVER ^

N/A

$545,000

0.9%

N/A

NOOSA (LGA) # ~ f

145

$361,000

-7.4%

$375,050

-6.2%

-3.8%

MAROOCHYDORE

$454,000

4.6%

$462,500

2.8%

7.6%

NOOSA HEADS - f

$475,000

-6.6%

$465,000

3.3%

-8.8%

MERIDAN PLAINS

N/A

$462,500

11.4%

4.4%

NOOSAVILLE - f

$335,000

-12.4%

$350,000

-5.4%

-0.7%

MINYAMA ~ f

N/A

$690,000

-17.6%

-25.0%

PEREGIAN BEACH

$335,000

N/A

$373,500

-1.7%

-13.1%

MOFFAT BEACH ~ f

N/A

$585,000

18.2%

13.0%

SUNRISE BEACH

$335,000

N/A

$335,000

-2.9%

-4.6%

MOOLOOLABA ~ f

$573,750

-6.7%

$582,500

2.4%

6.9%

SUNSHINE BEACH

$540,000

N/A

$512,000

-8.6%

-10.8%

MOOLOOLAH VALLEY ^ ~

N/A

$482,000

-7.3%

-14.0%

TEWANTIN ~

$241,500

N/A

$310,000

-7.5%

1.6%

MOOLOOLAH VALLEY ~

N/A

$392,000

26.5%

3.3%

SURROUNDS

MOUNT COOLUM

N/A

$462,500

2.0%

-3.4%

MOUNTAIN CREEK

$525,000

9.4%

$500,000

5.8%

5.3%

SALES MARKET - VACANT LAND

MUDJIMBA ~

N/A

$515,000

12.0%

7.3%

SUNSHINE COAST (LGA) #

121

$235,000

2.6%

$231,500

0.7%

NAMBOUR

$330,000

1.5%

$325,000

4.7%

-3.4%

SUNSHINE COAST (LGA) ^# * ~

$312,500

13.1%

$292,500

-2.5%

-7.1%

PACIFIC PARADISE ~

N/A

$382,500

15.0%

3.4%

BLI BLI *

N/A

$235,000

9.3%

N/A

PALMWOODS

N/A

$410,000

1.2%

-6.8%

BUDERIM *

$325,000

N/A

$275,000

-13.9%

6.8%

PALMWOODS ^

N/A

$660,000

13.4%

-1.9%

CALOUNDRA WEST *

N/A

$182,000

2.8%

-23.2%

PARREARRA ~ f

$527,500

-12.8%

$540,000

2.9%

6.3%

COOLUM BEACH

N/A

$266,375

-4.5%

N/A

PELICAN WATERS ~ f

$712,000

16.9%

$605,000

0.8%

2.5%

LITTLE MOUNTAIN

N/A

$230,000

5.0%

-11.5%

PEREGIAN SPRINGS

$580,000

2.7%

$565,750

8.8%

7.8%

MAROOCHYDORE *

$250,000

N/A

$197,000

-14.3%

N/A

SIPPY DOWNS

$440,000

2.3%

$420,000

2.9%

-2.3%

MOUNTAIN CREEK

N/A

$249,000

-0.4%

10.7%

TANAWHA ^

N/A

$735,000

N/A

5.8%

PELICAN WATERS f

N/A

$375,000

21.0%

22.1%

TWIN WATERS

$668,000

2.0%

$661,250

8.8%

3.3%

PEREGIAN SPRINGS + *

$265,000

N/A

$230,000

-17.1%

-17.9%

WARANA

$532,000

9.5%

$497,000

10.4%

4.0%

YANDINA

N/A

$189,500

N/A

WITTA ^

N/A

$490,000

-2.0%

-5.4%

WOOMBYE

$390,000

4.8%

$390,000

2.6%

5.7%

WURTULLA

$442,500

1.5%

$438,250

9.6%

4.1%

NOOSA (LGA) #

$270,000

2.9%

$268,000

-2.5%

1.1%

YANDINA

N/A

$355,000

8.2%

N/A

NOOSA (LGA) ^ # ~

N/A

$300,000

15.4%

-1.6%

YAROOMBA ~ f

N/A

$546,000

17.4%

13.8%

NOOSAVILLE

N/A

$271,000

-4.9%

-2.8%

NOOSA (LGA) #

141

$554,000

4.3%

$524,500

7.0%

9.0%

NOOSA (LGA) ^ # ~

$500,000

-8.9%

$531,000

1.6%

-2.6%

BLACK MOUNTAIN ^ ~

N/A

$482,500

-9.0%

N/A

SURROUNDS

COOROIBAH ^ ~

N/A

$540,000

-11.5%

N/A

COOROY

$395,000

N/A

$395,000

0.1%

2.3%

COOTHARABA ^

N/A

$440,750

N/A

DOONAN ^

$600,000

N/A

$625,000

-4.6%

-4.9%

LAKE MACDONALD ^

N/A

$490,000

6.5%

8.2%

NOOSA HEADS

$640,000

N/A

$667,500

-0.7%

1.0%

NOOSAVILLE ~ f

$772,500

47.1%

$675,000

-1.5%

-6.4%

22 QUEENSLAND MARKET MONITOR

SURROUNDS

REGIONAL MARKET UPDATES

RENTAL MARKET - 3 BED HOUSES POST CODE

RENTAL MARKET - 2 BED UNITS

JUN-14 $/WEEK

LOCALITYL

JUN-13

NEW BONDS $/WEEK

NEW BONDS

SUNSHINE COAST REGIONAL (NEW)

$400

743

$380

795

4518

GLASS HOUSE MOUNTAINS

$340

$345

4519

BEERWAH

$350

4550

LANDSBOROUGH

$380

$350

4551

AROONA

$400

136

4552

BALD KNOB

$375

4553

PALMVIEW

4555

POST CODE

JUN-14 $/WEEK

LOCALITYL

JUN-13

NEW BONDS $/WEEK

$310

NEW BONDS

SUNSHINE COAST REGIONAL (NEW)

$330

740

4519

BEERWAH

$153

817

4551

AROONA

$315

148

$300

171

4556

BUDERIM

$330

$295

$380

133

4557

MOOLOOLABA

$320

102

$300

$350

4558

MAROOCHYDORE

$340

153

$325

155

$350

$365

4559

DIDDILLIBAH

$280

$265

CHEVALLUM

$360

$350

4560

BLI BLI

$245

$240

4556

BUDERIM

$430

$400

4564

MARCOOLA

$350

$300

4557

MOOLOOLABA

$445

$400

4572

ALEXANDRA HEADLAND

$380

$330

4558

MAROOCHYDORE

$400

$390

4573

COOLUM BEACH

$330

$300

4559

DIDDILLIBAH

$375

$360

4575

BIRTINYA

$395

$380

4560

BLI BLI

$370

$350

NOOSA SHIRE (NEW)

$360

$330

126

4561

BRIDGES

$380

$350

4565

BOREEN

$300

$280

4562

BELLI PARK

$420

4566

NOOSAVILLE

$320

$330

4564

MARCOOLA

$405

$380

4567

CASTAWAYS BEACH

$380

$340

4573

COOLUM BEACH

$430

$400

106

4575

BIRTINYA

$420

$400

NOOSA SHIRE (NEW)

$400

146

$380

129

4565

BOREEN

$390

$360

4566

NOOSAVILLE

$430

$420

SUNSHINE COAST REGIONAL (NEW)

$370

169

$370

171

4567

CASTAWAYS BEACH

$500

$450

4551

AROONA

$350

$330

4563

BLACK MOUNTAIN

$390

$360

4556

BUDERIM

$390

$380

4568

FEDERAL

$370

$350

4557

MOOLOOLABA

$355

$395

MAROOCHYDORE

$340

$365

N.A.

RENTAL MARKET - 3 BED TOWNHOUSES

4569

COORAN

$290

4558

4571

KIN KIN

$400

N.A.

4560

BLI BLI

$360

$330

4564

MARCOOLA

$385

$400

4573

COOLUM BEACH

$395

$360

4575

BIRTINYA

$460

$350

NOOSA SHIRE (NEW)

$460

$420

4566

NOOSAVILLE

$475

$400

4567

CASTAWAYS BEACH

$460

$450

FRASER COAST The Fraser Coast property market appears to be on the move, spurred by growing buyer confidence and economic development in the region. With the recent completion of the BRISBANE CITYmuch-awaited HOUSE SALES (p) extension to the existing Stockland Shopping Centre and MAR 14 JUN 14 1840 Hospital the completion of the new St Stephens Private expected shortly, confidence is up and property sales are 1401 increasing. Local agents expect this economic development to bolster buyer confidence into 2015. 770 722heading Hervey Bay continues to experience tight rental market 164 235 112 166 conditions and construction activity is said to have increased, with more people moving to$500,000+ the area. $1m+ <$350,000 $350,000+ (p) Preliminary. See explanatory notes for further information.

Maryborough affordable place to buy property Source: REIQ, remains data provided byan RP Data. and has continued to experience steady demand. These BRISBANE SURROUNDS SALES (p) trends are expected to continue for theHOUSE remainder of INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND the year. MAR 14 JUN 14 HOUSE MARKET 1154 973

972

MAR 14

Overall, the Fraser Coast saw a solid increase of seven per cent in preliminary sales activity over the 472 June quarter, 409 with a number of affordable end sales bringing the median price down five per cent. 18 18 $350,000+the median $500,000+house price $1m+ Over the year <$350,000 to June however, Preliminary. See explanatory notes for further information. was up(p) 3.5 per cent. Source: REIQ, data provided by RP Data.

GOLD COAST HOUSE SALES (p) JUN 14 548

JUN 14

Standout suburbs in the June quarter include Urangan, 288 294 Scarness and Glenwood, which all recorded strong sales activity. Maryborough, Wondunna and Eli Waters also 184 163 posted healthy sales increases. 60 property Maryborough remains an affordable place 39 to buy and has continued to experience steady demand. Over the June quarter, the town recorded 45 preliminary sales – the (p) Preliminary. See explanatory notes for further information. highest on the Fraser Coast. Source: REIQ, data provided by RP Data.

(p) Prelimin Source: REI

FRASER COAST HOUSE SALES (p) 159

1157

MAR 14

As a result of reducing affordable stock levels and consistent demand, agents are reporting slight price improvements in the sub-$350,000 market, and an increase in demand for properties in the $350,000 to TOOWOOMBA HOUSE SALES (p) $500,000 price bracket.

185

MAR 14

JUN 14

41 11

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

(p) Prelimin Source: RE

BUNDABERG HOUSE SALES (p) MAR 14

JUNE QUARTER 2014 JUN 14

REGIONAL MARKET UPDATES

FRASER COAST CONTINUED

Agents are reporting increased activity on the part of first home buyers as the market enters a new era of growth. UNIT MARKET

Over the June quarter, sales activity was also up in the unit and townhouse market, most notably in the $250,000 to $350,000 price bracket. The increases are the result of strong demand for waterfront properties in the waterfront suburbs of Scarness and Urangan. Over the year to June, unit sales were up in the suburb of Pialba, along with its annual median unit price which increased by 21.4 per cent. Unit sales were dominated by resales in a unit complex on the Esplanade, with a top sale of $600,000 - the highest sale for the suburb over the year along with another unit sold on Torquay Rd. RENTAL MARKET

Fraser Coast continues to enjoy healthy market conditions with the vacancy rate remaining unchanged from the March quarter at 2.5 per cent. Local agents are reporting healthy tenant demand, with the growing population TOOWOOMBA UNIT SALES (p) counteracting the oversupply of rental properties MAR 14 JUN 14 experienced 43recent years. 42 in 36 36

While Hervey Bay is experiencing a relatively tight rental market, local agents say construction activity has 18 increased as more people are moving 14 to the area, which 7 should see the rental market return to healthier market 2 conditions. (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

18 36

JUN 14

$350,000+

(p)

-3.9%

-5.2%

BOORAL ^

N/A

$372,000

-2.1%

-1.8%

MAR 14

BURRUM HEADS

N/A

$372,500

4.2%

-3.4%

N/A

$521,000

7.3%

-3.1%

ELI WATERS ~

$309,250

-13.4%

$321,500

5.4%

-2.3%

GLENWOOD ^ ~

N/A

$202,500

-12.0%

-9.7%

KAWUNGAN ~

$337,750

12.6%

$325,000

-0.9%

1.2%

MARYBOROUGH ~

$188,000

-8.3%

$200,000

-3.1%

-14.9%

PIALBA ~

N/A

$310,000

15.9%

12.5%

POINT VERNON ~

$285,000

-15.6%

$301,000

-2.3%

-2.6%

RIVER HEADS ~

N/A

$295,000

12.6%

N/A

SCARNESS

$267,500

-2.7%

$275,000

2.8%

-1.8%

TINANA

N/A

$280,000

3.7%

-6.7%

TINANA ^ ~

N/A

$337,500

-11.4%

-12.0%

TOOGOOM

N/A

$289,500

3.8%

-9.5%

TORQUAY

$316,000

-0.5%

$320,000

4.7%

-3.0%

URANGAN

$315,000

1.6%

$305,500

-1.5%

-2.3%

URRAWEEN

$329,500

-4.1%

$331,750

-2.2%

-5.2%

WONDUNNA

N/A

$423,750

N/A

2.0%

GYMPIE (LGA)

107

$256,000

2.4%

$260,000

-1.9%

-7.1%

GYMPIE (LGA) ^ ~

$336,000

7.7%

$327,000

0.6%

-6.6%

CARTERS RIDGE ^

N/A

$250,000

N/A

SURROUNDS

COOLOOLA COVE ~

N/A

$256,500

-6.7%

-17.3%

CURRA ^

N/A

$265,000

-3.1%

-2.9%

GYMPIE ~

$220,000

-6.2%

$230,000

-2.1%

-13.2%

KANDANGA ^

N/A

$268,525

N/A

ROCKHAMPTON & LIVINGSTONE UNIT SALES (p)

SOUTHSIDE

SOUTHSIDE ^

THE PALMS ^

N/A

13 N/A

$303,500

11.4%

N/A

$320,000

0.8%

4.9%

$199,500 8 -3.9%

SOUTH BURNETT (LGA) ^ ~

$266,000

10.8%

$265,000

3.9%

-1.9%

KINGAROY ~

$210,000

-22.2%

$232,500

-5.1%

-7.0%

-11.3%

MURGON ~

N/A

$135,000

-20.6%

-22.9%

NANANGO ~

N/A

$175,000

-12.5%

-17.6%

SALES MARKET - UNITS & TOWNHOUSES MACKAY UNIT SALES-5.6% (p) $255,000 FRASER COAST (LGA) ~ 43 $255,000

-3.6%

-11.2%

21.4%

0.8%

JUN 14 JUN 14 7 6

$312,500

10 & LIVINGSTONE $244,500 N/A LAND $260,000 ROCKHAMPTON SALES 0.0% (p) 10

9 JUNN/A14

N/A

MAR 14 7 $260,000 6

18.2%

-5.5%

$213,500

-2.1%

-26.4%

$260,000

-8.8%

-19.3%

5 3

29 SALES MARKET - VACANT LAND FRASER COAST (LGA) f

$130,000

-13.3%

$144,750

3.4%

-2.2%

FRASER COAST (LGA) ^ ~

$100,0005

-13.0%

$89,500

11.9%

-8.7%

$107,500

N/A

Source: REIQ, data provided by RP10 Data. RIVER HEADS

<$250,000

$250,000+

CURRA ^

MAR 14N/A

0-2.8%

$100,000

N/A

$95,000

N/A

-29.6%

N/A

JUNN/A 14

16.8%

14.3%

8.8%

N/A

-8.5%

(p) $174,000 $179,500

MACKAY LAND SALES 7 N/A N/A (p)$151,000

MAR 14 47

0 $70,000

$350,000+

TOOGOOM f 7 for further N/A (p) Preliminary. See explanatory notes information.N/A

GYMPIE

$350,000+

GLADSTONE UNIT SALES (p) BUNDABERG LAND SALES (p)

-47.6% MAR $215,000 14 JUN 14

WONDUNNA

$250,000+ (p) Preliminary.<$250,000 See explanatory notes for further information. Source: REIQ, data by RP Data. (p) Preliminary. See provided explanatory notes for further information. Source: REIQ, data provided by RP Data.

-1.3% N/A

-12.9%

GYMPIE (LGA) ^

MAR 14 MAR 14 24 QUEENSLAND MARKET MONITOR

0.3%

N/A

$195,000

URRAWEEN ~

$316,000

$347,500

JUN 14

N/A

JUN N/A14 17N/A

SOUTH BURNETT7(LGA) ~

GYMPIE (LGA) ~

$319,500

MAR 14 N/A

TIN CAN BAY

SURROUNDS

0.0%

DUNDOWRAN BEACH ^

Source: REIQ, data provided byTOWNSVILLE RP Data. URANGAN 3 N/A UNIT SALES N/A

JUN 14

6 40

3.5%

$365,000

1 GLENWOOD ^ 9 N/A N/A (p) Preliminary. See explanatory notes for further information.

FRASER COAST LAND SALES (p)

42 9

$295,000

-1.6%

JUN 14

17 32

$110,000

22.2%

$115,000

4.5%

-5.7%

$110,000

-4.8%

$118,000

-1.7%

-9.2%

N/A

15N/A

$112,000

-2.6% 13

-3.0%

N/A

6.3%

20.9%

(p) Preliminary. <$250,000 See explanatory notes for further information. $250,000+ Source: REIQ, dataSee provided by RPnotes Data.for further information. (p) Preliminary. explanatory Source: REIQ, data provided by RP Data.

$127,5008

MAR 14 MAR 14

JUN 14 JUN 14

$350,000+

CAIRNS & DOUGLAS UNIT SALES TOWNSVILLE LAND SALES (p) (p) 135 13784

-11.0%

LAND PRICEPOINTS - PRELIMINARY SALE

$250,000+

MAR 14

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided byBUNDABERG RP Data. UNIT SALES

-5.0%

$370,000

URANGAN ~ f

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

$285,000

TORQUAY

<$250,000

248

1YR 5YR CHANGE CHANGE

UNIT PRICEPOINTS - PRELIMINARY SALES NUMBERS

MEDIAN SALE 12MTHS JUN-14

FRASER COAST (LGA) ~

SCARNESS

JUN 14

QTRLY CHANGE

FRASER COAST (LGA) ^

PIALBA * f

TOOWOOMBA LAND SALES (p) MAR 14 15

MEDIAN SALE JUN-14

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

FRASER COAST UNIT SALES (p) MAR 14

NUMBER OF SALES JUN-14

SUBURB

Average vendor discounting on the Fraser Coast is down to 7.5 per cent, compared to 12.8 per cent last year. Over the same period, average days on market on the Fraser Coast have fallen from 124 to 110.

1 5

SALES MARKET - HOUSES

REGIONAL MARKET UPDATES

RENTAL MARKET - 3 BED HOUSES POST CODE

RENTAL MARKET - 2 BED UNITS

JUN-14 LOCALITYL

$/WEEK

JUN-13

NEW BONDS $/WEEK

NEW BONDS

FRASER COAST REGIONAL

$280

333

$270

339

4650

ALDERSHOT

$260

128

$255

113

4655

BOORAL

$290

176

$280

206

4659

BEELBI CREEK

$270

$260

GYMPIE REGIONAL

$260

185

$255

215

4570

AMAMOOR

$260

143

$250

4580

COOLOOLA

$270

$250

4581

EURONG

$300

$320

4601

BARAMBAH

$190

$195

POST CODE

JUN-14 LOCALITYL

$/WEEK

JUN-13

NEW BONDS $/WEEK

NEW BONDS

FRASER COAST REGIONAL

$240

163

$225

164

4650

ALDERSHOT

$180

4655

BOORAL

$250

122

$250

111

GYMPIE REGIONAL

$208

$200

4570

AMAMOOR

$200

160

4580

COOLOOLA

$240

N.A.

4581

EURONG

$220

$190

SOUTH BURNETT REGIONAL

$190

4605

BARLIL

$160

$165

SOUTH BURNETT REGIONAL

$230

136

$240

135

4610

ALICE CREEK

$200

$190

4605

BARLIL

$200

$195

4615

BARKER CREEK FLAT

$160

4606

CHARLESTOWN

$215

4610

ALICE CREEK

$250

4615

BARKER CREEK FLAT

$215

$230

RENTAL MARKET - 3 BED TOWNHOUSES 4655 4570

FRASER COAST REGIONAL

$310

$300

BOORAL

$310

$300

GYMPIE REGIONAL

$270

$300

AMAMOOR

$270

N.A.

BUNDABERG The Bundaberg real estate market is recording solid activity in its housing sector, while there has been an easing in unit and townhouse sales. This is producing something of a two-tier effect, with local agents saying interstate investors are becoming increasingly active in the unit and townhouse category. Confidence is returning to the market, as evidenced by lower average days on market and relatively steady vendor discounting. Buyer competition is said to be increasing and there’s a growing sense of optimism that the market is on the verge of an upswing heading into the spring selling season. The local economy is also set to benefit from important new infrastructure including a new natural gas pipeline expected to create around 100 new full-time jobs, a boost in tourism for Lady Musgrave Island with a new plan allowing for extra tour operators and an upgrade to tourist facilities at Mon Repos Turtle Centre.

Average vendor discounting over the year in Bundaberg was down to seven per cent, compared to 9.7 per cent a year ago. Over the same period, average days on market in Bundaberg fell from 96 to 83. UNIT MARKET

Bundaberg’s unit and townhouse market saw a drop in sales activity in the June quarter, however the median sale price for units saw a strong increase of 14.1 per cent to $267,000, driven by some upper end sales. Sales volumes in the $250,000 to $350,000 sector were relatively steady, with local agents reporting increasing interest from interstate investors seeking higher yields. Meanwhile sales volumes in the sub-$250,000 segment of the market were down significantly, contributing to the overall increase in the region’s median sale price. While average vendor discounting has improved over the year, average days on market have increased to 125 days over the year to May.

HOUSE MARKET

RENTAL MARKET

Bundaberg’s median house price recorded a 5.4 per cent increase in the June quarter to $284,000, despite a small drop in sales activity. There was a strong increase in sales in the $350,000 to $500,000 price bracket, with preliminary sales numbers nearly double that recorded during the March quarter.

In Bundaberg, the three months to June saw vacancy rates improve slightly, although market conditions are still weak. Vacancy levels are at four per cent, local agents reporting faltering tenant demand. According to local agents, investors are still active with the strongest interest reportedly for NRAS properties.

Sales volumes were down around 10 per cent in the sub$350,000 price point, however it still accounted for the majority of house sales for the region.

Median weekly rents from the RTA for three bedroom houses remained unchanged at $285 compared to a year ago, while two bedroom flats were down $5 to $225 per week over the same period.

Top performing suburbs include Norville, Bargara, Millbank and Kalkie, which recorded increases in quarterly sales activity, along with steady results in Bundaberg North, Walkervale and Elliot Heads.

JUNE QUARTER 2014

REGIONAL MARKET UPDATES

RENTAL MARKET - 3 BED HOUSES

SALES MARKET - HOUSES NUMBER OF SALES JUN-14

SUBURB

MEDIAN SALE JUN-14

POST

MEDIAN SALE 12MTHS JUN-14

QTRLY CHANGE

BRISBANE CITY HOUSE SALES (p)

BUNDABERG (LGA) ~

195

BUNDABERG (LGA) ^

AVENELL HEIGHTS

AVOCA ~

1YR 5YR CHANGE CHANGE

MAR 14 5.4% JUN $280,000 14 $284,000 1840

-0.7%

2.2% 8.9%

N/A

1401 $281,250 N/A

2.3% -0.3%

0.2%

$350,000

12.9%

1.1%

-3.1%

BARGARA

770 722$375,000

7.4%

$370,000

2.8%

1.0%

BRANYAN ^

N/A

$385,000

6.9%

10.0%

1667

N/A

$270,000

164 -7.1% 235 -2.9%

9.5%

$195,000

-13.3%

BUNDABERG EAST ~

112

$357,500

BUNDABERG NORTH ~

$230,000

BUNDABERG SOUTH ~

<$350,000 10

$250,000 $350,000+

0.7%

$350,000

$310,000

56.3% $206,000 $500,000+

-19.6%

-12.7% $1m+ -14.1%

(p) Preliminary. See explanatory notes for BURNETT HEADS 3 N/Afurther information. N/A

$277,500

7.6%

2.4%

ELLIOTT HEADS

-3.2%

N/A

Source: REIQ, data provided by RP Data.

INNES PARK

N/A

$317,000

N/A

$330,000

3.4%

-1.5%

9 N/A N/A $340,000 INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND

1.9%

0.3%

-2.9%

8.5%

7.1%

BRISBANE SURROUNDS HOUSE SALES (p)

KALKIE KEPNOCK

$282,500 MAR 14 7.7% JUN $265,000 14

MILLBANK

MOORE PARK BEACH ^ ~

973

NORVILLE

11542

N/A CITY N/A $262,500(p) BRISBANE UNIT SALES

1157 N/A N/A JUN $343,500 14 972 MAR 14 $214,000 N/A $235,000 860 N/A

N/A

N/A -3.3%

SHARON ^

SVENSSON HEIGHTS ~

$282,000651 12.8% 409

472 $257,000

THABEBAN

N/A

$280,000 454 1.8%

15 330 363 $231,500

WALKERVALE ~

$316,000

-14.1% -5.4%

N/A

371 $235,000

17.2%

-8.4%

-6.6%

-0.9%

2.8%

Source:(LGA REIQ, NORTH BURNETT ) data provided21by RP Data.$140,000

NORTH BURNETT (LGA<$250,000 )^~ 7 $250,000+ N/A GAYNDAH ~

N/A

-7.9%

-12.1%

$350,000+ $500,000+ $1m+ N/A $206,500 -11.2% N/A

GOLD (p) Preliminary. See explanatory notesCOAST for furtherHOUSE information.SALES (p) 8 N/A N/A $204,750 Source: REIQ, data provided by RP Data. MAR 14

23.0%

26.0%

$267,500 MAR 14 260 N/A

14.1% $250,000 JUN 14 N/A

$310,000

2.2%

0.4%

4.7%

-11.4%

BUNDABERG (LGA) ^

-0.4%

BARGARA

$139,000

40 $168,500 $350,000+

<$350,000 10

$139,500 43 46 40 38$500,000+ N/A $170,000

6.7%

BOOLBOONDA

288

N/A

<$250,000 $500,000+ 7 $250,000+ N/A $350,000+ N/A $106,000 N/A $1m+ N/A 13 9N/A (p) Preliminary. See explanatory notesN/A for further information. 3 N/A $117,500 N/A Source: REIQ, data provided by RP Data.

SUNSHINE COAST & NOOSA HOUSE 5 N/A N/A $144,000 SALES 0.0% (p) N/A GOLD COAST UNIT SALES (p) $500,000+ <$250,000 $250,000+ $350,000+ MAR 14

JUN 14 14

(p) Preliminary. See explanatory notes for further information. MAR440 14 JUN 437 Source: REIQ, data provided by RP Data.

520

346

235 81 53

273 71

JUN 14

241

79 $350,000+

$500,000+

$250,000+

MAR 14

37 36

$1m+ 3

$500,000+

UNIT SALES (p)

sense 109 105 105of optimism that the market is on the verge of 33 an upswing heading into 23 27 26 16 8 6 the spring selling season 5

<$250,000 $250,000+ $350,000+ $500,000+

$1m+

$500,000+

SUNSHINE COAST & NOOSA LAND SALES (p) MAR 14

JUN 14

$200

$210

184

ARANBANGA

$260

$265

4626

BEERON

$280

$230 60

4630

BANCROFT

$160

RENTAL MARKET - 2 BED UNITS (p) Preliminary. See explanatory notes for further information. Source:BUNDABERG REIQ, data provided by RP Data. REGIONAL

4660

ABINGTON

4670

ABBOTSFORD

$225

166

$230

147

$250

$210

$230

139

FRASER COAST$225 HOUSE SALES (p) 158 MAR 14

(p) Prelimina Source: REIQ

JUN 14

185TOOWOOMBA UNIT SALES (p) 159 RENTAL MARKET - 3 BED TOWNHOUSES BUNDABERG REGIONAL 4670

42 43 ABBOTSFORD

MAR 14

36 36

JUN 14

N/A

$300

$280

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

(p) Preliminary. See explanatory notes for furtherHOUSE information.SALES BUNDABERG Source: REIQ, data provided by RP Data.

(p) Prelimin Source: REIQ

(p)

(p) Prelimi Source: RE

JUN 14

FRASER COAST UNIT SALES (p)

139

MAR 14

JUN 14

TOOWOOMBA LAND SALES (p) 15 MAR 14 9 21

JUN 14 41 10

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

(p) Preliminar Source: REIQ,

(p) Preliminary. See explanatory notes for further information. 2 Source: REIQ, data provided by RP Data.

(p) Prelim Source: RE

GLADSTONE HOUSE SALES (p) 0

<$250,000 BUNDABERG $250,000+ $350,000+ SALES MAR 14 UNITJUN 14 (p)

(p) Preliminary. See explanatory notes for further information. 55 MAR 14 JUN Source: REIQ, data provided by RP Data. 51

(p) Prelimin Source: REI

57 9

MAR 14 9 8

JUN 14

<$250,000

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

$250,000+

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RPGLADSTONE Data. UNIT SALES

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

MAR 14

197 MAR 14 JUN 14 177 growing 88...there’s a164

$210

(p) Prelimin Source: RE

(p) Prelimin Source: REIQ

$350,000+

(p) Prelimi Source: RE

(p)

JUN 14

BUNDABERG LAND SALES (p)

181

26 QUEENSLAND MARKET MONITOR

284

$250

4625

JUN 14

$290

163$195

GOLD COAST LAND SALES (p)

64 79

307

$250

$1m+

$500,000+ 5

$350,000+

(p) Preliminary. See explanatory notes for further information. SUNSHINE COAST & NOOSA Source: REIQ, data provided by RP Data.

$285

BIGGENDEN

21 31

<$350,000

FRASER COAST LAND SALES (p)

290

329

$270

4621

391 Includes IPSWICH, LOGAN, MORETON BAY & REDLAND

MAR 14

NEW BONDS

$285

JUN2514

NORTH BURNETT REGIONAL

311 451 447 SURROUNDS BRISBANE LAND SALES (p)

(p)

$265 MAR 14

294

-1.8%

BURNETT HEADS

MOORE PARK BEACH

ABBOTSFORD

4671

9.0% $1m+ 5 3 -4.8%

$140,000

Source: REIQ, data provided by RP Data.

-2.5%

BRANYAN ^ (p) * Preliminary. See explanatory 2 N/Afurther information. N/A notes for INNES PARK

4670

18 0.0%

ABINGTON

156

207 182 197 BRISBANE CITY LAND SALES (p) SALES MARKET - VACANT LAND MAR 14 JUN 14 111 70 65 41 59 $144,00099 12.9% BUNDABERG (LGA) $144,000

4660

JUN 14

INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND

BUNDABERG (LGA) ~

TOOWOOMBA$285 HOUSE SALES BUNDABERG REGIONAL 355

MAR 14

548SALES (p) BRISBANE SURROUNDS UNIT SALES MARKET - UNITS & TOWNHOUSES 490 480 480 BARGARA

JUN-13

NEW BONDS $/WEEK

18 2.6%

$1m+

$145,000

JUN-14 $/WEEK

LOCALITYL

4.1%

18 1.7%

<$350,000 $350,000+ $500,000+ 44See 57 SURROUNDS(p) Preliminary. explanatory notes for further information.

CODE

MAR614 5

7 JUN 14 6

3 0

(p) Preliminary. See explanatory notes for further information. Source: REIQ,<$250,000 data provided by RP Data. $250,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

$350,000+

GLADSTONE LAND SALES (p) MAR 14

JUN 14

(p) Prelim Source: R

(p) Prelimi Source: RE

REGIONAL MARKET UPDATES

GLADSTONE Local agents are reporting market conditions returning to those experienced prior to the mining boom, with sales volumes currently around 50 to 60 per cent of those BRISBANE LAND SALES (p) recorded at the height of theCITY cycle. MAR 14

JUN 14

In essence, they say the 59 Gladstone real estate market is returning to “normal” conditions, with “investor hype” no 43 40 38 longer flooding the market.40 31

Similar to other resource centres, stabilising average vendor 13 9 discounting and days on market are positive signs that the market may have reached its bottom. <$250,000 $250,000+ $350,000+ HOUSE MARKET (p) Preliminary. See explanatory notes for further information.

$500,000+

Source: REIQ, data provided by RP Data.

Over the June quarter, sales volumes in Gladstone recovered slightly, up seven per cent compared BRISBANE SURROUNDS LAND SALES TOOWOOMBA HOUSE SALES (p)(p) (p) to the BRISBANE CITY UNIT Includes IPSWICH, LOGAN, MORETON BAYSALES & REDLAND March quarter. According to local agents, MAR 14 JUN 1414 the local MAR 14 MAR1414 JUN JUN 71 stabilised property market has during the last quarter 860 288 294 however sales 53 volumes remain low and investor interest 651 has fallen. 18436

UNIT MARKET

Gladstone’s unit market continues to make up a small portion of the local residential sales market, with just 21 TOOWOOMBA LAND SALES (p) preliminary sales records recorded over the June quarter. MAR 14 JUN 14 36 This was slightly up on the March quarter, amounting to an extra eight sales compared to the June quarter 24 last year. Sales volumes are tracking at around a third of that 7 recorded at the height of the property cycle in late 2011. 2 2 0

Gladstone Central was the only suburb to record more <$250,000 than 25 preliminary sales$250,000+ over the year to $350,000+ June. With (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. a drop off in new unit sales, the median sale pricehas come back significantly to be more reflective of FRASER LAND (p) TOOWOOMBA UNITSALES SALES (p)SALES (p) ROCKHAMPTON &COAST LIVINGSTONE HOUSE established stock. 57 42 43 42 153 Gladstone’s 144 rental

RENTAL MARKET

MAR 14 MAR MAR 14 14

JUN 14 JUN JUN 14 14

371 21 marginally Average days on market up on the same 330 363are 60 ending period last year, however at 117 days for the 5 year 3 39 30 45 May, time44on57 market has remained relatively unchanged $250,000+ $500,000+ over the past nine months.$350,000+

36 36remains in oversupply, however market according to local agents the level of tenant and investor 18 market conditions. 78 activity has returned to “normal” 68 rental 14 The oversupply of rentals is1 reportedly most 2 conspicuous 30 0 0 7 220 in the unit market and with tenants spoilt for choice, rents <$250,000 $250,000+ $350,000+ have remained low.

(p) Preliminary. See explanatory notes for further information. Local agents saybythere Source: REIQ, data provided RP Data. is perceived to be good value in Source: REIQ, data provided by RP Data. the economically important port city,SALES with(p) astute buyers GOLD COAST LAND FRASER COAST HOUSE SALES (p) opportunities. BRISBANE SURROUNDS UNIT for SALES (p) many local - once again starting to look MAR 14 JUN 14

Source: REIQ, data provided by RP Data. (p) Preliminary. explanatory notes for further information. (p) Preliminary. SeeSee explanatory notes forquality further information. Local agents also say homes are still sought after Source: REIQ, data provided Data. Source: REIQ, data provided by by RPRP Data. and demand fromBUNDABERG middle and higher level LAND SALES (p) management MACKAY HOUSE SALES (p) (p) FRASER COAST UNIT SALES tenants are strong. MAR 14 JUN 14

163

454

(p) Preliminary. See explanatory notes for further information. <$250,000 $250,000+ $350,000+ (p) Preliminary. explanatory notes for further information. Source: REIQ,See data provided by RP Data.

$500,000+

$1m+

INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND

MAR 14

JUN 14

MAR 14 JUN Home buyer interest is260 reportedly still14increasing given the 185 64 softening159 in the market over the last twelve months and 207 182 197 the increased affordability on offer.

<$250,000 $250,000+ $350,000+ (p) Preliminary. See explanatory notes for further information. (p) Preliminary. Seedata explanatory notes for further information. Source: REIQ, provided by RP Data. (p) Preliminary. See explanatory notes for further information. Source: REIQ, datadata provided by RP Source: REIQ, provided byData. RP Data.

$500,000+

$1m+

Suburbs to perform strongest over the quarter were Calliope and West Gladstone. Despite a fall in respective SUNSHINE COAST & NOOSA LAND SALES (p) HOUSE SALES (p) GOLD COAST UNIT SALES (p) medians over theBUNDABERG last year, these two suburbs ranked MAR 14 JUN 14 MAR JUN MAR14 14 price JUN14 14 within the top four for median growth over the past 71 520 five years.156 50 235

139 447

273

391 35

451

241 21

(p) Preliminary. See explanatory notes for further information.

MAR 14

<$250,000

187 16 18 14 167

7921

1 <$250,000

<$250,000 $250,000+ $350,000+ $500,000+ Preliminary. explanatory notes further information. (p) (p) Preliminary. SeeSee explanatory notes for for further information. Source: REIQ, data provided by Data. RP Data. Source: REIQ, data provided by RP

$250,000+

MAR MAR1414

5 143

56 0

47 3 1 2

$350,000+

(p) Preli Source: (p) Prelim Source: R

6 146

6 170

JUN JUN1414 193

(p) (p)Prelim Preli Source: Source:R

CAIRNS & DOUGLAS HOUSE SALES GLADSTONE UNIT SALES (p) (p)

197 51 177 164 109 105 24

$350,000+

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. (p) Preliminary. See See explanatory notes for further information. (p) Preliminary. explanatory notes for further information. Source: REIQ, datadata provided by RP Source: REIQ, provided byData. RP Data.

JUN14 14 JUN

105

0 3

43 181

MAR 14 JUN 14 MAR14 14 JUN14 14 MAR JUN 184 174

GLADSTONE SALES (p)SALES (p) SUNSHINE COASTHOUSE & NOOSA UNIT MAR14 14 MAR

$250,000+

GLADSTONE LANDSALES SALES (p) TOWNSVILLE HOUSE BUNDABERG UNIT SALES(p) (p)

REIQ,See data provided by RPnotes Data. (p) Preliminary. See explanatory for further information. (p) Source: Preliminary. explanatory notes for further information. Source: REIQ, data provided by Data. RP Data. Source: REIQ, data provided by RP

(p) Preliminary. See explanatory notes for further information. (p) Preliminary. See explanatory notes forfor further information. (p) Preliminary. See explanatory notes further information. Source: REIQ, data provided by RP Data. Source: REIQ, data provided byby RPRP Data. Source: REIQ, data provided Data.

290

10 41 46 36 21 9 7 <$250,000 $250,000+ $350,000+ $500,000+ <$250,000 $250,000+ $350,000+ $1m+ (p) Preliminary. See explanatory notes for further information. $500,000+

JUN 14

MAR 14 JUN 14 According to the 114 figures, the median weekly 40 RTA’s latest 21 rents compared to 12 months ago have come down 1830 84 significantly with three bedroom houses down $150, two 15 bedroom 53 flats 56 down $140 and three 10 bedroom townhouses 9 40 down $160. 31

(p) Prelim Source: R (p) Preli Source:

HOUSE PRICEPOINTS - PRELIMINARY SALES NUMBERS

111 price was down 6.6 26 Over the quarter, the median house 99 16 48 8 46 6at the 41 per cent, largely due to higher levels 5 of43activity 143 11 has 5 affordable end of the market. Price point data shown a <$250,000 $250,000+ $350,000+ $500,000+ doubling of volumes in the sub-$350,000 price range.

(p) Prelim Source: R

$1m+ (p) information. (p)Preliminary. Preliminary.See Seeexplanatory explanatorynotes notesfor forfurther further information. Source: Source:REIQ, REIQ,data dataprovided providedbybyRPRPData. Data.

(p) Pre Source

JUNE QUARTER 2014

REGIONAL MARKET UPDATES

SALES MARKET - HOUSES NUMBER OF SALES JUN-14

SUBURB

SALES MARKET - VACANT LAND MEDIAN SALE JUN-14

QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

1YR 5YR CHANGE CHANGE

NUMBER OF SALES JUN-14

SUBURB

MEDIAN SALE JUN-14

QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

1YR 5YR CHANGE CHANGE

GLADSTONE (LGA) ~

119

$390,000

-6.6%

$410,000

-8.9%

12.3%

GLADSTONE (LGA)

$170,000

-12.8%

$206,500

-7.0%

18.0%

GLADSTONE (LGA) ^ ~

$345,000

-30.7%

$485,000

-11.8%

15.5%

GLADSTONE (LGA) ^ ~

$240,000

24.7%

$210,000

-23.6%

2.4%

AGNES WATER ^ ~

N/A

$355,000

-12.9%

-6.1%

BOYNE ISLAND

N/A

$224,000

1.4%

N/A

BOYNE ISLAND ~

$399,000

-7.2%

$430,000

-10.9%

5.4%

CALLIOPE *

N/A

$203,000

-1.0%

40.0%

CALLIOPE

$399,500

N/A

$425,000

-4.5%

11.8%

KIRKWOOD *

N/A

$232,900

-7.6%

27.6%

CLINTON

$366,000

-4.9%

$395,000

-10.2%

6.8%

TANNUM SANDS *

N/A

$171,000

N/A

GLEN EDEN ~

N/A

$402,500

-22.6%

-7.9%

KIN KORA

N/A

$390,000

-6.0%

7.7%

RENTAL MARKET - 3 BED HOUSES

KIRKWOOD

N/A

$502,500

-4.3%

N/A

POST

NEW AUCKLAND ~

N/A

$402,500

-13.4%

5.9%

CODE

SOUTH GLADSTONE

N/A

$400,000

-7.0%

23.1%

TANNUM SANDS

$506,000

-0.8%

$492,000

-4.5%

11.8%

TELINA ~

N/A

$395,000

-15.8%

3.1%

WEST GLADSTONE ~

$328,250

-23.7%

$371,000

-13.0%

14.2%

SURROUNDS BANANA (LGA)

$255,000

N/A

$265,000

1.9%

0.4%

BILOELA

$279,000

-2.8%

$280,000

0.0%

-1.8%

SALES MARKET - UNITS & TOWNHOUSES GLADSTONE (LGA)

$330,000

2.2%

$350,000

8.2%

9.4%

GLADSTONE CENTRAL ~ *

N/A

$375,000

-20.2%

N/A

JUN-14 $/WEEK

LOCALITYL

JUN-13

NEW BONDS $/WEEK

NEW BONDS

GLADSTONE REGIONAL

$330

289

$480

239

4677

AGNES WATER

$330

4680

GLADSTONE

$335

263

$480

219

BANANA SHIRE

$300

$350

4715

BILOELA

$330

$350

4718

BAUHINIA

$265

$300

RENTAL MARKET - 2 BED UNITS GLADSTONE REGIONAL

$280

212

$420

236

4677

AGNES WATER

$300

$310

4680

GLADSTONE

$280

207

$420

228

BANANA SHIRE

$250

$240

BILOELA

$265

$240

4715

RENTAL MARKET - 3 BED TOWNHOUSES 4680

GLADSTONE REGIONAL

$360

150

$520

GLADSTONE

$365

149

$520

ROCKHAMPTON Like other Queensland resource centres, the Rockhampton property market over the June quarter saw stabilising conditions. The recent announcement of the Adani mine acquisition north of Clermont is bringing much needed confidence to the region, with local agents reporting the Rockhampton property market has finally found its feet. Over the June quarter there was steady sales activity at the lower end of the market and with improving vacancy rates, the outlook going into 2015 is becoming more positive. Average vendor discounting is down and properties are selling quicker, reflected by improving average days on market figures. HOUSE MARKET

House sales in Rockhampton declined over the June quarter, however there are positive signs beginning to emerge at the lower end of the market. There was a solid increase in sales in the sub-$350,000 price bracket, with 153 properties changing TOOWOOMBA HOUSE SALES (p)hands, seeing the overall median sale price remaining MAR 14 JUN 14 relatively steady at $316,500. 294 288

Allenstown and West Rockhampton were the best 184 performers, with both suburbs 163 recording an increase in sales volumes over the June quarter.

Agents are reporting that the softening of prices has made properties more attractive to first home buyers who are very active at the moment. While there is some investment activity, owner occupiers are the main buyers and more upgraders are beginning to enter the market. Average vendor discounting over the year in Rockhampton was down to 7.7 per cent, compared to 9.8 per cent a year ago. Over the same period, average days on market in Rockhampton have fallen from 98 to 91. UNIT MARKET

The Rockhampton unit and townhouse market continues to show signs of recovery, with preliminary sales figures up two per cent at the end of the June quarter. Sales activity was strongest in the $250,000 to $350,000 price bracket, with steady activity in the $350,000-plus price bracket also.

ROCKHAMPTON & LIVINGSTONE HOUSE SALES (p) MAR 14 144

153 78

39 Despite an easing in sales activity over the quarter, median sale prices remained sturdy for the likes of Frenchville, the Range and Wandal, indicating stable conditions across (p) Preliminary. See explanatory notes for further information. REIQ, data providedpoints. by RP Data. theSource: various price

FRASER COAST HOUSE SALES (p) 28 QUEENSLAND MARKET MONITOR MAR 14

185

JUN 14

68 30

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

MACKAY HOUSE SALES (p) MAR 14 114

JUN 14

REGIONAL MARKET UPDATES

SALES MARKET - HOUSES

ROCKHAMPTON CONTINUED

SUBURB

Agents report that while there is some investment activity, owner occupiers are the main buyers, with more upgraders also starting to enter the market. Premium sale prices achieved within a number of new unit complexes along the river in the Rockhampton CBD have contributed to the significant increase in the region’s median unit and townhouse sale price, up 45.2 per cent on the March quarter. This change to the unit and townhouse market in Rockhampton has contributed to the strong result over the year to June and compared to five years ago. RENTAL MARKET

Rockhampton’s rental market is facing challenging conditions, with most vacancies on the market for more than four weeks. However, the overall vacancy rate for the new Rockhampton council area has seen an improvement since the end of March, down 0.8 percentage points to 4.8 per cent at the end of June. Local agents expect investment in units and townhouses to increase amid the prospect of tightening vacancy rates. With the high vacancy levels experienced for a year now, median weekly rents have come down significantly with three bedrooms down $50 to $300 per week and two bedroom flats down $30 to $240 per week, compared to the June quarter last year.

NUMBER OF SALES JUN-14

MEDIAN SALE JUN-14

QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

1YR 5YR CHANGE CHANGE

ROCKHAMPTON (LGA) #

159

$316,500

-1.1%

$315,000

1.6%

ROCKHAMPTON (LGA) ^ #

N/A

$372,500

-3.2%

8.6% -2.0%

ALLENSTOWN

$230,000

N/A

$266,000

3.3%

11.3%

FRENCHVILLE

$338,500

2.6%

$345,000

0.0%

7.8%

GRACEMERE ^

N/A

$471,500

-7.1%

8.4%

GRACEMERE ~ *

$319,500

-11.0%

$330,000

-3.2%

0.9%

KAWANA

N/A

$324,000

5.2%

8.0%

KOONGAL

N/A

$268,000

-4.3%

3.1%

MOUNT MORGAN ~

N/A

$115,000

-22.0%

-14.8%

NORMAN GARDENS

$365,000

-5.2%

$369,500

-4.5%

-1.5%

PARK AVENUE ~

$270,000

-7.5%

$280,500

6.9%

14.5%

ROCKHAMPTON CITY

N/A

$210,000

5.0%

6.1%

THE RANGE

$390,500

5.3%

$365,000

-0.7%

10.8%

WANDAL

$285,000

2.5%

$275,000

-5.2%

0.0%

WEST ROCKHAMPTON

$244,500

N/A

$256,000

-0.2%

2.6%

SURROUNDS CENTRAL HIGHLANDS (LGA) ~

$372,500

19.2%

$360,000

-17.7%

11.5%

EMERALD ~ *

$375,000

17.2%

$380,000

-14.6%

7.0%

LIVINGSTONE (LGA) #

$330,000

-0.5%

$350,000

1.3%

6.1%

LIVINGSTONE (LGA) ^ ~ #

$480,000

-6.0%

$500,000

4.2%

10.9%

BERSERKER

$239,000

-3.6%

$248,000

-0.6%

1.2%

EMU PARK

N/A

$340,000

4.1%

9.7%

LAMMERMOOR

N/A

$470,000

5.1%

2.2%

TARANGANBA ~

N/A

$407,500

10.1%

10.9%

YEPPOON ~

$330,000

-1.5%

$358,750

-10.9%

1.1%

ZILZIE

N/A

$366,000

-7.3%

-0.4%

SALES MARKET - UNITS & TOWNHOUSES ROCKHAMPTON (LGA) # * f

$417,369

45.2%

$353,500

24.5%

33.4%

ROCKHAMPTON CITY * f

$436,108

N/A

$439,462

N/A

-13.8%

SURROUNDS

ROCKHAMPTON & LIVINGSTONE UNIT SALES (p) MAR 14

JUN 14 17

11 8

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

MACKAY UNIT SALES (p) MAR 14

JUN 14

ROCKHAMPTON & LIVINGSTONE LAND SALES (p) 9

9 14 JUN 5

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

TOWNSVILLE UNIT SALES (p) MAR 14 LAND JUNSALES 14 (p) MACKAY

MAR 14 41

JUN 14

$350,000+

N/A

$321,500

-8.1%

12.8%

LIVINGSTONE (LGA) # ~ f

$287,500

-22.8%

$340,000

17.2%

15.3%

BERSERKER

N/A

$309,000

N/A

YEPPOON

N/A

$329,000

4.4%

11.5%

SALES MARKET - VACANT LAND ROCKHAMPTON (LGA) # ~

$170,500

N/A

$169,000

14.2%

35.2%

GRACEMERE *

N/A

$147,777

0.2%

34.3%

NORMAN GARDENS

N/A

$179,900

2.5%

9.0%

SURROUNDS CENTRAL HIGHLANDS (LGA) *

N/A

$154,700

-3.3%

47.3%

EMERALD *

N/A

$154,900

-3.2%

21.7%

LIVINGSTONE (LGA) #

$173,000

-2.8%

$172,000

0.0%

4.2%

LIVINGSTONE (LGA) ^ #

N/A

$234,500

2.0%

11.7%

MULAMBIN

N/A

$165,000

0.0%

N/A

PARKHURST

N/A

$170,000

-3.4%

N/A

ROCKYVIEW ^

N/A

$242,000

5.2%

N/A

YEPPOON

N/A

$178,899

-0.6%

4.0%

ZILZIE

N/A

$163,000

-8.2%

0.0%

LAND PRICEPOI

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. <$250,000 $250,000+

4 4

UNIT PRICEPOINTS - PRELIMINARY SALES NUM

MAR 14 7

CENTRAL HIGHLANDS (LGA) * EMERALD * t

JUNE QUARTER 2014

REGIONAL MARKET UPDATES

RENTAL MARKET - 3 BED HOUSES POST CODE

RENTAL MARKET - 2 BED UNITS

JUN-14 $/WEEK

LOCALITYL

NEW BONDS $/WEEK

$300

257

$350

413

4700

ALLENSTOWN

$300

$340

4701

BERSERKER

$320

153

$340

161

4714

BAREE

$230

$260

LIVINGSTONE SHIRE (NEW)

$325

172

N/A

4702

ALBERTA

$310

$350

4703

ADELAIDE PARK

4710

EMU PARK

TOOWOOMBA$350 HOUSE SALES (p) $350 77 $320 MAR 14

CENTRAL HIGHLANDS REGIONAL 4717

288 BLACKWATER

4720

EMERALD

4722

SPRINGSURE

JUN2414

294

4 5

$250

$240

4701

BERSERKER

$235

148

$260

108

LIVINGSTONE SHIRE (NEW)

$270

N/A

4702

ALBERTA

$210

$295

4703

ADELAIDE PARK

$290

$300

4710

EMU PARK ROCKHAMPTON

$250

$400

$300

$400

$310

$250 5HOUSE SALES N.A. (p) & LIVINGSTONE

CENTRAL HIGHLANDS REGIONAL

$220

4717

BLACKWATER

$160

4720

EMERALD

MAR 14

MAR 14 MAR 14

185

48 market According to local agents, the 41 14 is still quite subdued, 14 7 however there is evidence that confidence is11returning. 2 Enquiry levels are up from both buyers and tenants, which local agents believe are encouraging signs. (p) Preliminary. See explanatory notes for further information. (p) Preliminary. Seeprovided explanatory Source: REIQ, data by RPnotes Data.for further information.

Source:volumes REIQ, data provided RP Data. Sales arebystill markedly low however local agents are positive aboutBUNDABERG the rest of the yearSALES and (p) 2015, believing HOUSE FRASER UNIT SALES (p) the market has finally hitCOAST its bottom.

MAR 14 JUN 14 MAR 14 JUN 14

SALESto(p)the local Confidence156 is saidTOOWOOMBA to be slowly LAND returning 21 139 MAR 14 JUN property market and agents anticipate14a marked 1836 1512 months. improvement over the next 10

41 4 market4 recorded Over the June quarter, Mackay’s house 3 21 9 7 regions, the largest decline in sales 7activity of all major 2 March quarter, 2 while down 24 per cent compared to the 0 the medianSeehouse price just 2.5 per cent. (p) explanatory notes for for eased further information. information. (p) Preliminary. Preliminary. See explanatory notes further

<$250,000 Source: by RP RP Data. Data. Source: REIQ, REIQ, data data provided provided by

$250,000+

$350,000+

(p) Preliminary. See explanatory notes that for further information. Local agents confirm sales volumes have come down Source: REIQ, data provided by RP Data. BUNDABERG UNIT SALES (p) significantly compared to a year ago, however prices have GLADSTONE HOUSE SALES (p) held relatively steady, and many believe the bottom of the MAR 14 LAND JUN 14 FRASER COAST SALES (p) MAR 14 JUN 14 cycle has18 arrived. MAR 14 JUN 14

Agents also say43that people are beginning to relocate to the area,42both from out of town and from other 9 9 metropolitan areas, which8 is said to be a good sign 24 21 confidence in the local property of improving market 18 3 2 2 and economy. 1

0 0

BUNDABERG SALES(p) (p) GLADSTONE LAND UNIT SALES MAR MAR 14 14

JUN JUN 14 14

Like Gladstone, Mackay’s unit and7townhouse market 40 makes up a small percentage of the residential sales 6 6 6 530 5 June quarter sales volumes market, however over the remained relatively unchanged, while the median unit sale 3 price eased 3.5 per cent. 1

30 QUEENSLAND MARKET MONITOR

<$250,000

$250,000+

$300

N.A.68

$360

N.A.

$400

30N/A 20

ALBERTA

N.A.

EMERALD

$300

MAR 14 MAR114 14

53 9 56 7

N.A.

N/A 4

$430

$420

11 40 8

31 6

TOWNSVILLE HOUSE SALES (p) MACKAY UNIT SALES (p)

MAR 14 JUN 14 MAR 14 JUN 14 187 ROCKHAMPTON &184 LIVINGSTONE LAND SALES (p) 174 167 10 9 9 14 MAR 14 JUN 52 7 6 5 56 3 29 247

Preliminary. explanatory notes further information. (p)(p) Preliminary. SeeSee explanatory notes forfor further information. Source: REIQ, data provided Data. <$250,000 $250,000+ Source: REIQ, data provided by by RP RP Data. (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

$350,000+

TOWNSVILLE UNIT SALESSALES (p) (p) CAIRNS & DOUGLAS HOUSE MAR 14 LAND JUNSALES 14 MACKAY MAR 14 JUN 14(p)

60 42 143 25

MAR 14

41 146

170

JUN 14 193

32 15

7 <$250,000

$250,000+

(p) Preliminary. See explanatory notes for further information. (p) Preliminary. See explanatory notes for further information. (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided bybyby RP Data. Source: REIQ, data provided Data. Source: REIQ, data provided RPRP Data.

13 58 8 64

$350,000+

TOWNSVILLE LAND SALES (p)(p) CAIRNS & DOUGLAS UNIT SALES

A drop off in new unit developments has also contributed MAR14 14 JUN14 14 MAR JUN to the easing of 84 the overall median sale price over the year, 137 9.9 per cent. 135down which was Sales volumes in the upper end of the market were down 44 on the previous quarter, while numbers held steady in the 55 63 sub-$350,000 price range. 4

$350,000+

JUN 14 JUN 14 17 84

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data by RPnotes Data.for further information. (p) Preliminary. Seeprovided explanatory Source: REIQ, data provided by RP Data.

There are also reports of increased mining activity $250,000+ $350,000+ in nearby <$250,000 Isaac council area, which will further (p)Preliminary. Preliminary.See Seeexplanatory explanatorynotes notesfor forfurther furtherinformation. information. (p) (p) Preliminary. See explanatory notesconfidence for further information. add to overall market due to improved Source:REIQ, REIQ,data dataprovided providedby byRP RPData. Data. Source: Source: REIQ, data provided by RP Data. employment opportunities. UNIT MARKET

MACKAY HOUSE SALES (p) ROCKHAMPTON & LIVINGSTONE UNIT SALES (p)

JUN 14 JUN 14

42 159 43 Market conditions in Mackay look to have stabilized with 36 36 average vendor discounting and days on market levelling off over the three months to June.

24 HOUSE MARKET

$300

LIVINGSTONE SHIRE (NEW)

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

FRASER COAST HOUSE SALES (p) TOOWOOMBA UNIT SALES (p)

ROCKHAMPTON REGIONAL (NEW)

CENTRAL HIGHLANDS REGIONAL 4720

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

$300

JUN 14

$240

153

144

RENTAL MARKET - 3 BED 78 TOWNHOUSES 4702

ALLENSTOWN

<$250,000

515 17

$250,000+

18 14 2

$350,000+

LAND PRICEPOINTS - PRELIMINARY SALES NUMBERS BY

6 7

213

4700

149

MACKAY

NEW BONDS

$270

$400

JUN-13

NEW BONDS $/WEEK

192

121

184

JUN-14 $/WEEK

LOCALITYL

$240

163$220

CODE

ROCKHAMPTON REGIONAL (NEW)

$355

$270

POST

HOUSE PRICEPOINTS - PRELIMINARY SALES NUMBERS UNIT PRICEPOINTS - PRELIMINARY SALES NUMBERS

NEW BONDS

ROCKHAMPTON REGIONAL (NEW)

JUN-13

REGIONAL MARKET UPDATES

RENTAL MARKET - 3 BED HOUSES

SALES MARKET - HOUSES SUBURB

NUMBER OF SALES JUN-14

MEDIAN SALE JUN-14

QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

POST 1YR 5YR CHANGE CHANGE

MACKAY (LGA)

174

$395,000

-2.5%

$412,000

-3.2%

7.9%

MACKAY (LGA) ^ ~

$461,500

-9.1%

$492,000

-4.0%

4.9%

ANDERGROVE

$360,000

-6.4%

$391,250

-6.6%

3.0%

BEACONSFIELD

N/A

$420,000

-3.4%

9.1%

BLACKS BEACH

N/A

$455,000

-0.4%

-1.1%

BUCASIA

$408,000

3.3%

$407,000

-7.5%

3.0%

EAST MACKAY ~

N/A

$392,500

-8.7%

6.1%

EIMEO

N/A

$444,000

-7.5%

4.5%

GLENELLA ~

$494,000

N/A

$468,000

-11.7%

-5.2%

MARIAN

N/A

$468,000

2.9%

18.5%

MOUNT PLEASANT

N/A

$440,000

-6.3%

9.2%

NORTH MACKAY ~

$270,000

-26.5%

$354,500

-5.5%

6.1%

OORALEA

N/A

$475,000

-5.9%

3.9%

RURAL VIEW ~

N/A

$452,500

-12.1%

5.2%

SARINA

N/A

$340,000

1.5%

9.7%

SARINA ^ ~

N/A

$549,000

2.6%

25.5%

SLADE POINT ~

N/A

$350,000

-9.1%

-1.5%

SOUTH MACKAY

$380,000

4.7%

$379,000

-1.6%

11.5%

WALKERSTON

N/A

$458,000

2.9%

16.4%

WEST MACKAY ~

$362,000

-0.5%

$362,500

-9.2%

0.3%

SURROUNDS ISAAC (LGA) ~

$215,000

N/A

$280,000

-30.0%

-28.6%

MORANBAH ~ Y

N/A

$351,000

-27.6%

-15.4%

WHITSUNDAY (LGA)

$385,000

3.4%

$390,000

6.0%

1.3%

WHITSUNDAY (LGA) ^

N/A

$465,000

-1.1%

-4.1%

BOWEN

N/A

$365,000

5.5%

1.4%

CANNONVALE

$450,000

0.9%

$446,000

7.5%

-6.1%

JUBILEE POCKET ~

N/A

$399,000

-7.2%

-10.1%

PROSERPINE

$306,250

N/A

$322,500

-0.8%

CODE

JUN-14 LOCALITYL

$/WEEK

JUN-13

NEW BONDS $/WEEK

NEW BONDS

MACKAY REGIONAL

$350

346

$430

359

4737

ARMSTRONG BEACH

$340

$420

4740

ALEXANDRA

$352

269

$440

286

4741

BALL BAY

$320

$350

4750

BUCASIA

$365

$440

4751

GREENMOUNT

$380

$404

4753

DEVEREUX CREEK

$270

$380

ISAAC REGIONAL

$275

153

$400

147

4721

CLERMONT

$300

$350

4742

BURTON

$280

$400

4744

MORANBAH

$300

$425

4745

DYSART

$190

$250

4746

GERMAN CREEK

$300

N.A.

WHITSUNDEY REGIONAL

$340

163

$360

163

4800

ANDROMACHE

$340

$350

4802

AIRLIE BEACH

$400

$420

4805

BINBEE

$300

$340

RENTAL MARKET - 2 BED UNITS POST CODE

JUN-14 LOCALITYL

$/WEEK

JUN-13

NEW BONDS $/WEEK

NEW BONDS

MACKAY REGIONAL

$275

288

$350

231

4737

ARMSTRONG BEACH

$250

4740

ALEXANDRA

$280

254

$350

204

4750

BUCASIA

$220

$310

4751

GREENMOUNT

$300

N.A.

ISAAC REGIONAL

$300

$385

MORANBAH

$380

$400

4744

WHITSUNDEY REGIONAL

$280

190

$300

166

4800

ANDROMACHE

$230

4802

AIRLIE BEACH

$290

123

$330

4805

BINBEE

$260

RENTAL MARKET - 3 BED TOWNHOUSES

SALES MARKET - UNITS & TOWNHOUSES

POST

MACKAY (LGA)

$305,000

-3.5%

$292,900

-9.9%

-0.7%

MACKAY

N/A

$283,750

-19.5%

-7.6%

CODE

4740

JUN-14 LOCALITYL

$/WEEK

JUN-13

NEW BONDS $/WEEK

NEW BONDS

MACKAY REGIONAL

$370

$450

ALEXANDRA

$375

$450

ISAAC REGIONAL

$450

$545

WHITSUNDAY (LGA) *

$295,000

0.0%

$310,000

9.2%

-6.1%

4721

CLERMONT

$545

AIRLIE BEACH ~ * f

$360,000

12.9%

$370,500

-4.4%

-34.0%

4744

MORANBAH

$450

$700

CANNONVALE ~ t

$276,500

10.6%

$265,000

7.9%

-12.3%

WHITSUNDEY REGIONAL

$350

$380

4802

AIRLIE BEACH

$360

$380

4805

BINBEE

$350

SURROUNDS

SALES MARKET - VACANT LAND MACKAY (LGA)

$193,000

-13.1%

$207,000

0.0%

21.8%

MACKAY (LGA) ^ ~

N/A

$232,500

-7.0%

-11.4%

ANDERGROVE

$180,000

N/A

$172,000

-7.0%

N/A

BEACONSFIELD

N/A

$206,000

3.0%

N/A

BLACKS BEACH

N/A

$192,000

-3.5%

3.2%

OORALEA *

N/A

$255,000

2.0%

37.8%

RURAL VIEW

N/A

$218,000

-1.6%

13.5%

SHOAL POINT

N/A

$208,000

-5.5%

N/A

SURROUNDS WHITSUNDAY (LGA) ~

$165,000

21.3%

$160,000

4.2%

0.3%

BOWEN

N/A

$167,500

-9.5%

8.4%

CANNONVALE

$164,500

N/A

$161,000

9.5%

-14.1%

RENTAL MARKET

In Mackay similar conditions to Gladstone exist in its rental market, however median rents have only come back around $80 across the three main rental property types. Vacancy rates at the end of June on the other hand have improved, down 0.7 percentage points to 6.8 per cent – however this remains the highest level for all major regional centres. With employment levels down significantly in the Bowen Basin, local agents say the rental market has been impacted. Similar to Gladstone, investor activity has reportedly dropped off. Building approvals are reportedly down, which is said to be good news for the rental market. With limited new stock set to come onto the market, it’s expected the existing supply will be slowly absorbed over time.

JUNE QUARTER 2014

REGIONAL MARKET UPDATES

TOWNSVILLE

235

Over the June quarterTOOWOOMBA the Townsville residential market HOUSE SALES (p) recorded sales activity typical for the cooler months of the MAR 14 JUN 14 year, with a drop house sales compared to the previous 288 294 quarter.

The prestige end of the market however is said to still be ROCKHAMPTON & LIVINGSTONE HOUSE SALES (p) struggling, with units in the inner city towers bought off MAR 14 JUN 14 a softening in the plan five years ago reportedly seeing sale prices. 153

The unit and townhouse market bucked 184 the trend, however, 163 with an increase in activity. Given the oversupply of stock, this is good news for the region. 60

RENTAL MARKET

Days on market and average vendor discounting continue to trend downwards, indicating the Townsville residential See explanatory notes for further information. market (p) isPreliminary. well positioned to follow the growth seen in the Source: REIQ, data provided by RP Data. south eastern corner of the state.

$1m+

FRASER COAST HOUSE SALES (p)

Local agents say that Townsville’s property market MAR 14 JUN 14 continues to be well185 supported by the TOOWOOMBA UNITDefence SALES (p)and public sector personnel, to and from the 159with people MARrelocating 14 JUN 14 area around the Year period. 43 42 Christmas-New 48

$1m+ 45 30

$1m+

)

41 Despite the drop in sales volumes over the 18 quarter, the 14 11 14 Townsville house market is said to be well positioned7 for 2 the coming months leading into the Christmas period. (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

Average days on market have continue to slowly trend (p) Preliminary. See explanatory notes for further information. downwards, with houses taking 89 days to sell compared BUNDABERG HOUSE SALES (p) Source: REIQ, data provided by RP Data. to 98 days a year ago. Average vendor discounting has MAR JUN 14looks to have likewise vastly improved overCOAST the14year FRASER UNIT and SALES (p) 156 stabilised at 7.4 per cent,MAR down from 9.7 per cent a 14 JUN 14 139 year ago. 21 18 TOOWOOMBA LAND SALES (p)

$1m+

Despite a drop in overall activity for the region, a number (p) Preliminary. See explanatory notes 7 for further information. of suburbs in Townsville healthy results over Source: REIQ, data provided by RPposted Data. 2 (p) Preliminary. See explanatory notes for further2information. 0 the quarter. Wulguru, and Bushland Beach in Source: REIQ, data provided byBurdell RP Data. HOUSE SALES (p) particular<$250,000 recorded anGLADSTONE increase in activity. $250,000+ $350,000+ BUNDABERG UNIT (p) Preliminary. See explanatory notes for further information.

SALES (p)

MAR 14 JUN 14 Source: REIQ, dataof provided RP Data.expensive Being two the bymost in Townsville, MAR 14 suburbs JUN 55 14 51 posted an increase Burdell and Bushland Beach also 18 FRASER COAST LAND SALES (p) 43 price, in their median house a sign that confidence is MAR JUN 14 returning to the57market. 14 21 9 42 UNIT MARKET

3146 37 36 $1m+

$1m+

$350,000+

This was reflected price point data which showed (p) Preliminary. See explanatory in notesthe for further information. Source: REIQ, data provided by RP Data. the strongest increaseGLADSTONE in activity UNIT recorded SALES in (p)the sub$250,000 price point over the quarter. MARLAND 14 SALES JUN 14 BUNDABERG (p)

(p)

7 MAR 14 all price JUN 14points, Sales activity was up across which saw 6 6 6 the region post540 a strong increase in overall activity of 33 5 per cent. 30 3

$1m+

The surge in activity was largely due to the on-sale of units in a large complex in Cranbrook, formerly owned by one family; along with the acquisition of a number of 0units by 1 1 1 0 Defence Housing in Douglas. <$250,000 $250,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided RPfurther Data. information. (p) Preliminary. See explanatory notesbyfor Source: REIQ, data provided by RP Data.

$350,000+

MAR 14

With these two factors combined, agents expect to see the (p) Preliminary. explanatory notes for further information. vacancy rateSeeimproved come the end of September. Source: REIQ, data provided by RP Data. (p) Preliminary. See explanatory notes for further information. TOWNSVILLE HOUSE SALES Source: REIQ, data provided by RP Data.

MAR 14

JUN 14

MAR 14

(p)

JUN 14

MACKAY UNIT 184 SALES (p)

187

167

MAR 14

174 JUN 14

9 9 LAND SALES (p) ROCKHAMPTON & LIVINGSTONE 7 MAR 6 14

JUN 14

29 (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 5 (p) Preliminary. See explanatory notes for further 1 information. Source: REIQ, data provided by RP Data.

CAIRNS & DOUGLAS HOUSE SALES (p) <$250,000 TOWNSVILLE $250,000+ UNIT SALES (p)$350,000+ (p) Preliminary. See explanatory notes for further information. MAR 14 JUN 14 14 JUN 14

Source: REIQ, data provided by RP Data.MAR

193 MACKAY LAND 170 SALES (p)

60 42

146

143

MAR4714

JUN 14

32 15

25 7

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. (p) Preliminary. See explanatory notes for further information. Source: REIQ,<$250,000 data provided by RP Data. $250,000+

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

$350,000+

CAIRNS & DOUGLAS UNIT SALES (p) TOWNSVILLE SALES MAR 14LAND JUN 14 (p)

135 137 84

MAR 14

55 63

JUN 14

18 14

15 17

(p) Preliminary. See explanatory notes for further information. <$250,000 $250,000+ Source: REIQ, data provided by RP Data. (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

GLADSTONE LAND SALES (p) 32 QUEENSLAND MARKET MONITOR

JUN 14 84

17 less active, deterred by Local agents say investors are now 56 53 high the historically vacancy levels 13 rates. Tenant enquiry 40 11 11 31 are expected to slowly absorb the current oversupply in the 9 8 7 coming months. 6

3 2 In the unit and townhouse market, local agents report 2 continued oversupply, which is giving0buyers and renters plenty of choice with the cheaper stock being 2 most (p) Preliminary. See explanatory notes1 for further 0information. 0 popular.(p) Source: REIQ, data provided by RP Data. Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. <$250,000 $250,000+

(p) Preliminary. See explanatory notes for further information.

TheSource: market continues to be in oversupply, with NRAS REIQ, data provided by RP Data. developments still coming onto the market. A number MACKAY HOUSE SALES (p) of vendors are also said to be delaying the sale of their MAR 14 JUN 14 properties ROCKHAMPTON and renting them conditions 114out until market & LIVINGSTONE UNIT SALES (p) are more in their favour.

$350,000+

CAIRNS & DOUGLAS LAND SALES (p) 62

MAR 14

JUN 14

LAND PRICEPOINTS - PRELIMINARY SALES NUMBERS BY PRICE RAN

LES (p)

These two indicators along with slowly increasing trend MAR 14 15 JUN 14 36 augur well for the region. Local agents say sales activity 4110 the established market is 9set to21see an increase in activity 7 4 9 24 4 over the September quarter and onto Christmas. 3

78 rental According to the REIQ’s latest survey, Townsville’s 68 vacancy rate had increased 0.7 percentage30points over the 20 three months to June to 5.4 per cent – the highest vacancy the region has recorded in the REIQ’s survey history.

HOUSE PRICEPOINTS - PRELIMINARY SALES NUMBERS UNIT PRICEPOINTS - PRELIMINARY SALES NUMBERS

36 36

HOUSE MARKET

144

REGIONAL MARKET UPDATES

SALES MARKET - HOUSES SUBURB

NUMBER OF SALES JUN-14

SALES MARKET - VACANT LAND MEDIAN SALE JUN-14

QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

1YR 5YR CHANGE CHANGE

NUMBER OF SALES JUN-14

SUBURB

MEDIAN SALE JUN-14

MEDIAN SALE 12MTHS JUN-14

QTRLY CHANGE

1YR 5YR CHANGE CHANGE

TOWNSVILLE (LGA)

403

$360,000

-1.1%

$360,000

0.1%

1.4%

TOWNSVILLE (LGA)

$156,000

-6.0%

$163,000

1.9%

-2.7%

TOWNSVILLE (LGA) ^ ~

$400,500

-7.9%

$417,500

-2.9%

0.6%

TOWNSVILLE (LGA) ^

N/A

$195,000

0.0%

-2.5%

AITKENVALE

$305,000

-6.2%

$312,500

-2.2%

-5.0%

BOHLE PLAINS

N/A

$160,000

-4.9%

-3.9%

ALICE RIVER ^ ~

N/A

$450,000

-12.2%

-3.2%

BURDELL *

N/A

$149,975

-2.7%

-17.4%

ANNANDALE

$415,000

-6.7%

$430,000

-1.5%

-2.3%

BUSHLAND BEACH

N/A

$162,500

-0.3%

4.8%

BLACK RIVER ^

N/A

$361,000

N/A

DEERAGUN *

N/A

$167,400

0.0%

30.8%

BOHLE PLAINS

N/A

$425,000

-1.2%

-3.4%

IDALIA

N/A

$251,034

0.9%

10.3%

BURDELL

$456,250

1.4%

$435,000

2.4%

25.4%

MOUNT LOUISA

N/A

$181,000

4.8%

9.7%

BUSHLAND BEACH

$442,500

5.4%

$416,500

2.1%

0.7%

MOUNT LOW ~

$152,000

-8.4%

$163,000

3.2%

N/A

CONDON

$305,000

-3.2%

$295,000

-0.2%

-8.4%

OONOONBA

N/A

$157,500

-6.1%

N/A

CRANBROOK

N/A

$302,500

-0.8%

-4.9%

CURRAJONG ~

N/A

$305,000

13.0%

0.8%

DEERAGUN ~

N/A

$316,350

-7.0%

-4.0%

DOUGLAS

$396,000

-4.0%

$398,500

3.8%

0.1%

GARBUTT

N/A

$297,500

N/A

GULLIVER

N/A

$295,500

4.2%

-1.0%

HEATLEY

N/A

$295,000

5.5%

-4.2%

HERMIT PARK

N/A

$380,000

8.6%

2.7%

IDALIA ~

$415,500

-19.3%

$480,000

-0.2%

4.3%

JENSEN ^

N/A

$370,000

N/A

KELSO ^

N/A

$480,250

9.6%

14.3%

KELSO ~ *

$280,000

10.2%

$280,000

-2.4%

-11.1%

KIRWAN

$355,000

2.9%

$352,750

2.2%

-3.4%

MOUNT LOUISA

$387,000

2.7%

$397,500

-4.1%

0.5%

MOUNT LOW

N/A

$383,000

N/A

MUNDINGBURRA

N/A

$365,000

-2.7%

0.3%

NORTH WARD ~

N/A

$517,500

-22.6%

-27.1%

RAILWAY ESTATE

N/A

$322,500

-4.2%

-4.6%

RASMUSSEN

N/A

$290,000

-2.2%

-5.1%

SHAW

N/A

$430,000

3.6%

N/A

SOUTH TOWNSVILLE

N/A

$345,000

8.7%

-4.8%

THURINGOWA CENTRAL

N/A

$314,500

-3.2%

-4.7%

VINCENT

N/A

$280,000

5.7%

-6.0%

WEST END

N/A

$370,000

-5.4%

5.3%

WULGURU

$285,000

N/A

$300,000

-4.9%

-3.8%

RENTAL MARKET - 3 BED HOUSES POST CODE

JUN-14 LOCALITYL

$/WEEK

JUN-13

NEW BONDS $/WEEK

NEW BONDS

TOWNSVILLE CITY

$330

633

$340

686

4810

BELGIAN GARDENS

$350

$360

4811

CLUDEN

$320

$328

4812

CURRAJONG

$340

4814

AITKENVALE

$330

154

$350

205

4815

CONDON

$310

105

$320

102

4816

ALLIGATOR CREEK

$300

$295

4817

ALICE RIVER

$345

106

$360

101

4818

BEACH HOLM

$315

$330

4819

ARCADIA

$300

$290

BURDEKIN SHIRE

$250

$260

4806

ARKENDEITH

$250

4807

AIRVILLE

$250

$270

CHARTERS TOWERS REGIONAL

$260

$270

RICHMOND HILL

$260

$270

HINCHINBROOK SHIRE

$260

ABERGOWRIE

$260

4820 4850

RENTAL MARKET - 2 BED UNITS TOWNSVILLE CITY

$270

648

$280

631

4810

BELGIAN GARDENS

$280

299

$300

298

4811

CLUDEN

$300

$335

BURDEKIN (LGA) ~

$170,000

-20.5%

$210,000

-1.6%

-10.6%

4812

CURRAJONG

$250

137

$260

155

AYR

$255,000

4.1%

$240,000

-5.9%

-2.0%

4814

AITKENVALE

$275

HOME HILL ~

N/A

$162,000

1.9%

-27.8%

4815

CONDON

$295

$288

4817

ALICE RIVER

$260

$265

SURROUNDS

CHARTERS TOWERS (LGA) ~

$177,500

-15.5%

$192,500

-6.1%

-10.5%

4818

BEACH HOLM

$225

N.A.

CHARTERS TOWERS CITY ~

N/A

$183,000

-8.5%

-6.2%

4819

ARCADIA

$250

$325

RICHMOND HILL

N/A

$217,500

1.2%

-7.1%

BURDEKIN SHIRE

$200

4806

ARKENDEITH

$210

$175

4807

AIRVILLE

$200

CHARTERS TOWERS REGIONAL

$195

$200

RICHMOND HILL

$195

$200

HINCHINBROOK SHIRE

$200

$155

ABERGOWRIE

$200

$155

HINCHINBROOK (LGA)

N/A

$227,500

-7.1%

-4.2%

INGHAM

N/A

$226,750

-9.3%

0.8% 4820

SALES MARKET - UNITS & TOWNHOUSES

4850

TOWNSVILLE (LGA)

148

$270,000

1.9%

$279,000

-6.5%

-11.4%

CRANBROOK

$231,000

N/A

$207,500

N/A

DOUGLAS *

$290,000

N/A

$290,000

-13.4%

RENTAL MARKET - 2 BED TOWNHOUSES

HERMIT PARK ~

$150,000

-20.6%

$182,000

N/A

-20.9%

POST

IDALIA

N/A

$359,000

1.1%

10.5%

CODE

NELLY BAY ~ *

$295,000

N/A

$272,500

-14.6%

-31.4%

NORTH WARD ~ f

$285,000

-5.0%

$287,500

-12.8%

-21.2%

ROSSLEA

N/A

$230,000

0.7%

-11.9%

SOUTH TOWNSVILLE

N/A

$365,000

2.0%

4.4%

TOWNSVILLE CITY ~ f

$418,000

31.7%

$370,500

-5.6%

-23.1%

WEST END ~

N/A

$192,500

-17.2%

-38.9%

JUN-14 LOCALITYL

$/WEEK

JUN-13

NEW BONDS $/WEEK

NEW BONDS

TOWNSVILLE CITY

$270

$280

4810

BELGIAN GARDENS

$275

$300

4812

CURRAJONG

$260

$265

JUNE QUARTER 2014

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

REGIONAL MARKET UPDATES

FRASER COAST HOUSE SALES (p)

MACKAY HOUSE SALES (p)

CAIRNS

MAR 14 UNIT JUN 14 (p) TOOWOOMBA SALES 185 MAR 14 JUN 14 159 42 43 real estate market 36 36continued to perform

30 $1m+

$1m+

MAR 14

The Cairns strongly in the June quarter, with house and unit sales volumes 48 41 both rising. House and unit prices are also 18 on an upward 14 14 11 trend as confidence in the tourism centre’s economy 7 continues to rebound. 2 Preliminary. See explanatory notes for further information. Overall(p) confidence in the Cairns market is on the increase, Source: REIQ, data provided by RP Data. with the negativity surrounding the Federal budget release (p) Preliminary. See explanatory notes for further information. by RP Data. REIQ, data providedBUNDABERG HOUSE SALES (p) largelySource: forgotten by buyers and vendors.

MAR 14

JUN 14

FRASER COAST UNIT SALES (p) The tourism market in Cairns is also strengthening with 156 MAR 14 JUN 14 planes by Jetstar the recently launched new “Dreamliner” 139 21 starting flights direct to Tokyo and the proposed Aquis TOOWOOMBA LANDinvestors SALES (p) in the resort fuelling18renewed interest from 15 MAR 14 JUN 14 city’s economy. 36 84

3 31 5

$1m+

46 37 36

$1m+

$1m+ 3

4110

7 4 93

Preliminary house sales numbers in Cairns were up slightly in the June quarter, with the median sale price (p) Preliminary. See explanatory notes for further 7 information. relatively steady at $381,000. However, the median2house Source: REIQ, data by RP Data. (p) Preliminary. Seeprovided explanatory notes for further information. 2 Source: REIQ, data providedhas by RP Data. sale price in Cairns gone up 4.2 per cent 0in the 12 HOUSE SALES (p)$350,000+ months to June 2014.GLADSTONE <$250,000 $250,000+ BUNDABERG UNIT SALES (p) (p) Preliminary. See explanatory notes for further information.

MAR 14 JUN 14 Source: REIQ,reporting data provided by RP Data. Agents are there is14renewed MAR JUN 14investor interest, 55 particularly in18the unit market,51which is performing FRASER COAST LAND SALES (p) strongly as a result.43 Investors are said to be active in all MAR 14 14 57 price brackets, in particular the $1JUN million-plus segment, 24 9 9 with unit sales also strong in the $150,000 to $200,000 8 21 18 42 range.

Overall house sales activity for the quarter was strongest 0 in the $350,000 to $500,000 price point, up 14 per cent on 2 1 information. (p) Preliminary. See explanatory notes for further 0 0 the March quarter. Source: REIQ, data by RPnotes Data.for further information. (p) Preliminary. Seeprovided explanatory Source: REIQ, data provided by RP Data.

<$250,000 $250,000+Trinity Park $350,000+ Strong performing suburbs include and (p) Preliminary. See explanatory notes for further information. Holloways Beach, which Source: REIQ, data provided by RP Data.both recorded double digit GLADSTONE UNIT SALES (p) increases in sales volumes. Park and MARSmithfield, 14 JUN 14Bentley BUNDABERG SALES (p) Whitfield also recorded healthy LAND increases in sales activity. 7

(p)

MAR 14 JUN 14 6 vendor discounting 6over the year 5 5 40 6

27 16

$1m+ 0,000+

Average in Cairns was down to 6.1 per cent, compared to 11.6 per cent a year ago. Over the 30 same period, average days on market 3in Cairns have fallen from 98 to 75. UNIT MARKET

,000+

40 11 11 The REIQ’s latest residential rental survey shows 31 the 9 8 of June at Cairns vacancy rate remained tight at the end 7 6 two per cent. Local agents are reporting strong tenant demand, which is generating higher asking rents. (p) Preliminary. See explanatory notes for further information.

Source: REIQ, data provided by RP Data. While median rents remained steady over the three (p) Preliminary. See explanatory notes for further information.an increase of $20 and months to June, Cairns recorded TOWNSVILLE HOUSE SALES (p) Source: REIQ, data provided by RP Data. $10 in its weekly median rent for three bedroom houses MAR 14 JUN 14 and two bedroom units respectively, MACKAY UNIT SALES (p)compared to the June 187 184 174 quarter last year. 167 MAR 14 JUN 14

10 Local agents 9 say demand for house 9 rentals remains ROCKHAMPTON & LIVINGSTONE LAND SALES (p) buoyant and investors continue to find much appeal 7 6 14 JUN 14 in Cairns’ gross52rentalMAR yields which averaged 4.8 and 5 56 47 6.4 per cent over the June quarter for houses and3 units 2 respectively.

(p) Preliminary. See explanatory notes for further information. Source: REIQ, dataSee provided by RP Data. (p) Preliminary. explanatory notes for further information.

Source: REIQ, data provided by RP Data.

(p) Preliminary. See explanatory notes for further MAR information. 14 JUN MAR 14 JUN 14 Source: REIQ, data provided by RP Data.

42143

193

MACKAY170 LAND SALES (p) 47 MAR 14

146

JUN 14

32 15

25 7

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by notes RP Data. (p) Preliminary. See explanatory for further information.

Source: REIQ, data provided by RP Data.

<$250,000

$250,000+

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. CAIRNS & DOUGLAS UNIT

64 13

$350,000+

SALES (p)

MAR 14 LAND JUNSALES 14 (p) TOWNSVILLE 135 137

MAR 14

JUN 14

55 63

18 14

15 17

(p) Preliminary. See explanatory notes for further information. <$250,000 $250,000+ Source: REIQ, data provided by RP Data.

$350,000+

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

CAIRNS & DOUGLAS LAND SALES (p) 62

MAR 14

JUN 14

Cairns City and Cairns North recorded strong unit sales in the June quarter, with investors seeing the city as a good 1 1 long term bet as the local tourism market rebounds. 0 0 Confidence in<$250,000 the local economy is also rising on the back $250,000+ $350,000+ Preliminary. See explanatory for further information.fuelling demand for of the(p)proposed Aquis notes development, Source: REIQ, data provided by RP Data. the prestige market sector.

CAIRNS & DOUGLAS HOUSE SALES (p) <$250,000TOWNSVILLE $250,000+ UNIT SALES (p) $350,000+

Cairns unit sales in the June quarter rose strongly, with (p) Preliminary. See explanatory further information. preliminary volumes upnotes 17forper cent – among$350,000+ the highest <$250,000 $250,000+ Source: REIQ, data provided by RP Data. (p) Preliminary. See explanatory notes for further information. in regional Queensland. Source: REIQ, data provided by RP Data.

34 QUEENSLAND MARKET MONITOR

The sub-$250,000 price bracket saw the strongest volume GLADSTONE LAND SALES (p) in sales with 137 properties changing hands. There 14 14 was also a solid increase MAR in sales inJUN the $250,000 to 16 $350,000 price14bracket driven by investors seeking to take advantage of strong local rental yields.

RENTAL MARKET

JUN 14 84 17

8 <$250,000

$250,000+

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

$350,000+

LAND PRICEPOINTS - PRELIMINARY SALES NUMBERS BY PRICE RANGE

ES (p) ,000+

HOUSE MARKET

JUN 14

HOUSE PRICEPOINTS - PRELIMINARY SALES NUMBERS UNIT PRICEPOINTS - PRELIMINARY SALES NUMBERS

MAR 14

ROCKHAMPTON & LIVINGSTONE UNIT SALES (p) 114

REGIONAL MARKET UPDATES

SALES MARKET - HOUSES SUBURB

NUMBER OF SALES JUN-14

SALES MARKET - UNITS & TOWNHOUSES (CONT’D) MEDIAN SALE JUN-14

QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

1YR 5YR CHANGE CHANGE

NUMBER OF SALES JUN-14

SUBURB

MEDIAN SALE JUN-14

QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

1YR 5YR CHANGE CHANGE

CAIRNS (LGA) #

397

$381,000

0.3%

$370,000

4.2%

TRINITY BEACH ~ f

$221,100

-6.5%

$225,000

5.5%

-28.8%

CAIRNS (LGA) ^ # ~

N/A

$555,000

-1.8%

-7.5%

WESTCOURT

$172,500

N/A

$175,000

-1.4%

-43.5%

BAYVIEW HEIGHTS ~

$350,000

-7.3%

$370,400

4.9%

3.5%

WOREE

$115,000

N/A

$120,000

9.1%

-28.4%

BENTLEY PARK

$352,500

2.5%

$329,250

-0.2%

-1.8%

YORKEYS KNOB ~

N/A

$226,050

21.7%

4.9%

BRINSMEAD

$415,125

3.7%

$391,800

1.4%

-3.3%

BUNGALOW

N/A

$325,000

N/A

11.7%

CAIRNS NORTH

N/A

$420,000

N/A

DOUGLAS (LGA) #

$245,000

2.1%

$243,000

30.3%

10.5%

CARAVONICA

N/A

$365,000

N/A

12.3%

PORT DOUGLAS - ~

$250,000

1.0%

$220,000

18.9%

0.0%

CLIFTON BEACH

N/A

$517,500

5.6%

7.8%

SURROUNDS

EARLVILLE

N/A

$330,000

1.5%

3.1%

EDGE HILL ~

N/A

$462,500

11.4%

12.8%

SALES MARKET - VACANT LAND

EDMONTON ~

$345,000

9.5%

$323,750

4.4%

-3.2%

CAIRNS (LGA) #

$170,000

-7.1%

$182,000

7.1%

13.8%

GOLDSBOROUGH ^

N/A

$425,000

1.2%

N/A

CAIRNS (LGA) ^ #

N/A

$220,000

-21.4%

-26.1%

GORDONVALE

$320,500

1.3%

$315,000

10.5%

5.0%

BENTLEY PARK

N/A

$151,000

8.6%

4.9%

HOLLOWAYS BEACH

$435,000

N/A

$374,000

8.4%

1.8%

KANIMBLA

N/A

$210,000

N/A

KANIMBLA

N/A

$450,000

4.5%

9.5%

MOUNT SHERIDAN

N/A

$172,250

-1.6%

13.0%

KEWARRA BEACH ~

$438,750

8.3%

$408,500

6.8%

2.1%

PALM COVE

N/A

$253,000

N/A

MANOORA

$253,000

N/A

$263,000

-1.5%

-4.4%

REDLYNCH

N/A

$183,500

0.5%

7.9%

MANUNDA

$310,000

N/A

$310,000

8.8%

-3.4%

SMITHFIELD

N/A

$167,000

-0.6%

N/A

MOOROOBOOL ~

$337,000

-15.8%

$325,000

-7.1%

0.0%

TRINITY BEACH

N/A

$181,000

6.5%

-2.2%

MOUNT SHERIDAN

$364,500

-1.8%

$349,000

6.2%

4.2%

PALM COVE ~

N/A

$560,000

11.4%

11.1%

SURROUNDS

PARRAMATTA PARK

N/A

$370,000

7.6%

4.2%

CASSOWARY COAST (LGA)

N/A

$98,000

8.9%

-24.6%

REDLYNCH

$440,000

-0.1%

$428,500

7.1%

4.5% DOUGLAS (LGA) #

N/A

$115,000

N/A

TABLELANDS (LGA) #

N/A

$101,000

N/A

-15.1%

SMITHFIELD

$395,000

3.1%

$380,000

1.3%

0.0%

TRINITY BEACH

$437,500

0.9%

$420,000

6.7%

0.6%

TRINITY PARK

$420,000

N/A

$408,000

5.4%

3.3%

WESTCOURT

N/A

$325,000

3.2%

12.1%

WHITE ROCK

$270,000

N/A

$275,000

1.3%

-3.5%

MAREEBA (LGA) #

N/A

WHITFIELD ~

$420,000

-23.6%

$477,500

8.5%

15.1%

MAREEBA (LGA) ^ #

N/A

WOREE

N/A

$297,500

8.1%

2.6%

MAREEBA

N/A

$85,000

0.0%

-17.1%

CASSOWARY COAST (LGA) ~

$207,500

-11.7%

$237,000

5.3%

-7.1%

RENTAL MARKET - 3 BED HOUSES

CASSOWARY COAST (LGA) ^

N/A

$350,000

6.1%

-4.1%

POST

SURROUNDS

CODE

DOUGLAS (LGA) #

$384,500

1.3%

$379,750

1.3%

2.6%

DOUGLAS (LGA) ^ ~ #

N/A

$402,500

29.8%

N/A

JUN-14 LOCALITYL

$/WEEK

JUN-13

NEW BONDS $/WEEK

$330

NEW BONDS

CAIRNS REGIONAL (NEW)

$350

430

4861

BABINDA

$250

N.A.

496

MOSSMAN

N/A

$268,000

N/A

-10.7%

4865

GOLDSBOROUGH

$320

PORT DOUGLAS ~

N/A

$465,000

1.1%

-13.9%

4868

BAYVIEW HEIGHTS

$340

$320

4869

BENTLEY PARK

$325

$310

MAREEBA (LGA) #

$282,500

3.3%

$262,500

5.1%

6.9%

4870

AEROGLEN

$360

150

$350

140

MAREEBA (LGA) ^ ~ #

$392,250

-0.7%

$400,000

-2.4%

-7.0%

4878

BARRON

$350

$325

KURANDA ^

N/A

$436,250

0.6%

-3.1%

4879

BUCHAN POINT

$400

$375

MAREEBA

$280,000

-1.6%

$263,750

2.8%

5.5%

DOUGLAS SHIRE (NEW)

$350

N/A

MAREEBA ^ ~

N/A

$400,000

3.2%

-9.6%

4873

BAILEY CREEK

$305

$290

SPEEWAH ^

N/A

$400,000

N/A

4877

CRAIGLIE

$395

$375

CASSOWARY COAST REGIONAL

$285

101

$280

109

TABLELANDS (LGA) # ~

$266,000

-10.8%

$280,000

3.7%

-7.4%

4849

CARDWELL

$300

$350

TABLELANDS (LGA) ^ ~ #

$387,500

1.7%

$360,000

-7.3%

-1.9%

4852

BINGIL BAY

$310

$320

ATHERTON ~

$268,500

-13.4%

$310,000

1.0%

-11.4%

4854

BILYANA

$285

$300

YUNGABURRA

N/A

$331,500

N/A

4860

BAMBOO CREEK

$280

$270

TABLELANDS REGIONAL (NEW)

$285

$280

152

4872

BARRINE

$260

$250

SALES MARKET - UNITS & TOWNHOUSES

4883

ATHERTON

$295

$290

CAIRNS (LGA) # ~ f

244

$222,000

5.7%

$215,000

7.5%

-14.7%

4884

LAKE BARRINE

$300

BUNGALOW

N/A

$148,000

3.5%

-29.5%

4885

BUTCHERS CREEK

$280

$270

CAIRNS CITY ~ f

$345,000

-26.6%

$425,000

23.2%

-1.2%

4887

HERBERTON

$285

N.A.

CAIRNS NORTH ~ f

$214,000

-7.6%

$220,000

2.3%

-20.0%

4888

EVELYN

$260

$250

CLIFTON BEACH

N/A

$235,000

N/A

-25.6%

MAREEBA SHIRE (NEW)

$320

N/A

EARLVILLE ~

N/A

$220,000

17.8%

6.8%

4880

ARRIGA

$315

$290

EDGE HILL

N/A

$155,000

2.0%

-26.2%

4881

KOAH

$360

$330

FRESHWATER

N/A

$277,500

N/A

6.7%

HOLLOWAYS BEACH ~ f

N/A

$177,500

22.8%

-20.0%

MANOORA ~ t

$137,000

-7.4%

$139,750

-10.4%

-29.3%

MANUNDA * t

$270,000

44.4%

$148,500

8.4%

-19.7%

MOOROOBOOL

N/A

$180,000

2.9%

-30.2%

PALM COVE ~

$223,750

18.1%

$230,000

-7.9%

-39.1%

PARRAMATTA PARK

N/A

$238,250

13.5%

-7.7%

JUNE QUARTER 2014

REGIONAL MARKET UPDATES

RENTAL MARKET - 2 BED UNITS POST

RENTAL MARKET - 2 BED TOWNHOUSES JUN-14

CODE

$/WEEK

LOCALITYL

JUN-13

NEW BONDS $/WEEK

POST

NEW BONDS

CAIRNS REGIONAL (NEW)

$275

772

$265

932

4865

GOLDSBOROUGH

$195

$210

4868

BAYVIEW HEIGHTS

$250

$230

4869

BENTLEY PARK

$230

4870

AEROGLEN

$260

485

4878

BARRON

$275

4879

BUCHAN POINT

CODE

JUN-14 LOCALITYL

$/WEEK

JUN-13

NEW BONDS $/WEEK

NEW BONDS

CAIRNS REGIONAL (NEW)

$250

108

$250

129

4868

BAYVIEW HEIGHTS

$230

$210

4869

BENTLEY PARK

$230

N.A.

4870

AEROGLEN

$260

$240

$260

527

4878

BARRON

$250

$240

$250

4879

BUCHAN POINT

$300

$275

$300

112

$290

136

DOUGLAS SHIRE (NEW)

$280

N/A

DOUGLAS SHIRE (NEW)

$280

107

N/A

CRAIGLIE

$280

$265

4873

BAILEY CREEK

$200

$190

4877

CRAIGLIE

$290

$285

CASSOWARY COAST REGIONAL

$206

$220

4849

CARDWELL

$195

$475

4852

BINGIL BAY

$240

$245

4854

BILYANA

$250

$180

4860

BAMBOO CREEK

$190

$200

TABLELANDS REGIONAL (NEW)

$220

4883

ATHERTON

$225

$220

MAREEBA SHIRE (NEW)

$250

N/A

4880

ARRIGA

$230

$225

4881

KOAH

$280

$200

4877

OTHER REGIONAL RENTAL MARKET - 3 BED HOUSES

SALES MARKET - HOUSES SUBURB

NUMBER OF SALES JUN-14

MEDIAN SALE JUN-14

QTRLY CHANGE

MEDIAN SALE 12MTHS JUN-14

POST 1YR 5YR CHANGE CHANGE

SOUTH WEST BALONNE (LGA)

N/A

ST GEORGE ~

N/A

$193,750

-11.1%

14.3%

MARANOA (LGA)

$300,000

-6.8%

$293,000

-5.5%

29.5%

ROMA ~ Y

$284,000

-19.2%

$315,000

-5.3%

27.8%

MURWEH (LGA)

N/A

$110,000

N/A

-22.8%

CHARLEVILLE ~ Y

N/A

$115,500

-30.0%

-23.0%

CODE

JUN-14 LOCALITYL

$/WEEK

JUN-13

NEW BONDS $/WEEK

NEW BONDS

SOUTH WEST 4487

BALONNE SHIRE

$240

$230

ST GEORGE

$265

$250

MARANOA REGIONAL

$400

$420

4455

ANGELLALA

$430

4465

MITCHELL

$250

N.A.

MURWEH

$240

$210

CHARLEVILLE

$250

$210

4470

CENTRAL WEST 4730

LONGREACH

$270

$300

BRIXTON

$295

$305

NORTH WEST

CENTRAL WEST LONGREACH (LGA)

N/A

LONGREACH ~

N/A

$225,000

-10.0%

2.3%

4825 4824

NORTH WEST MOUNT ISA (LGA)

$361,250

-0.8%

$369,000

-0.3%

11.8%

HEALY

N/A

$419,500

-1.9%

16.5%

SUNSET

N/A

$355,000

-3.4%

8.9%

MOUNT ISA CITY

$480

$580

ALEXANDRIA

$480

$580

CLONCURRY SHIRE

$375

$450

CLONCURRY

$375

$450

FAR NORTH COOK SHIRE

$280

4871

ALMADEN

$260

$250

4895

BLOOMFIELD

$330

$300

SALES MARKET - VACANT LAND

RENTAL MARKET - 2 BED UNITS

SOUTH WEST

MARANOA (LGA)

$175,000

N/A

$160,000

6.7%

N/A

ROMA ~ *

$175,000

18.2%

$160,000

1.3%

N/A

BALONNE SHIRE 4487 4455

N.A.

ST GEORGE

$180

N.A.

MARANOA REGIONAL

$350

$295

ANGELLALA

$350

$320

MURWEH 4470

CHARLEVILLE

N.A.

$165

N.A.

CENTRAL WEST LONGREACH 4730

BRIXTON

N.A.

$185

$190

NORTH WEST 4825

36 QUEENSLAND MARKET MONITOR

MOUNT ISA CITY

$317

$410

ALEXANDRIA

$317

$410

REGIONAL MARKET UPDATES

ON THE MARKET INDICATORS HOUSES TOTAL LISTINGS

LGA

% STOCK ON MARKET

MAY-14

DAYS ON MARKET*

MAY-13

MAY-14

MAY-13

VENDOR DISCOUNT*

MAY-14

MAY-13

MAY-14

MAY-13

BRISBANE

19,378

18,354

6.4%

5.9%

-5.6%

-8.9%

IPSWICH

4,128

4,096

6.8%

6.5%

106

-6.7%

-11.6%

SOUTHEAST QLD

LOGAN

6,114

5,497

7.1%

6.1%

107

-5.8%

-10.2%

MORETON BAY

9,238

8,521

7.3%

6.5%

100

-5.6%

-10.2%

REDLAND

3,805

3,611

8.4%

7.6%

103

-5.7%

-10.7%

GOLD COAST

9,550

9,119

8.0%

7.3%

109

-6.1%

-12.9%

SUNSHINE COAST

8,966

8,942

9.2%

8.7%

117

-6.0%

-13.0%

REGIONAL QLD BUNDABERG

2,847

2,650

8.5%

7.8%

-7.0%

-9.7%

CAIRNS

3,259

3,342

6.8%

6.7%

-6.1%

-11.6%

FRASER COAST

3,467

3,485

9.4%

9.0%

110

124

-7.5%

-12.8%

GLADSTONE

1,712

2,234

7.9%

9.9%

117

112

-9.8%

-9.1%

MACKAY

2,805

3,011

7.4%

7.8%

-8.5%

-7.5%

ROCKHAMPTON

3,380

3,698

8.4%

8.7%

-7.7%

-9.8%

TOOWOOMBA

4,168

4,101

8.5%

8.0%

-4.6%

-7.3%

TOWNSVILLE

4,198

4,238

7.1%

6.9%

-7.4%

-9.7%

UNITS & TOWNHOUSES TOTAL LISTINGS

LGA

MAY-14

MAY-13

% STOCK ON MARKET

MAY-14

DAYS ON MARKET*

MAY-13

MAY-14

MAY-13

VENDOR DISCOUNT*

MAY-14

MAY-13

SOUTHEAST QLD BRISBANE

8,184

7,766

6.3%

6.1%

-4.9%

-7.8%

IPSWICH

447

439

10.5%

8.8%

132

140

-6.9%

-14.0%

LOGAN

1,460

1,175

10.8%

8.9%

132

-6.7%

-13.6%

MORETON BAY

1,876

1,615

9.1%

7.6%

106

129

-5.8%

-12.6% -10.4%

628

605

9.5%

9.0%

136

-5.4%

GOLD COAST

REDLAND

10,739

9,824

9.1%

8.4%

128

-7.1%

-15.2%

SUNSHINE COAST

4,779

4,519

9.7%

107

135

-6.5%

-14.8%

REGIONAL QLD BUNDABERG

390

343

11.1%

9.6%

125

110

-7.4%

-11.6%

2,114

2,208

8.0%

8.3%

101

133

-7.8%

-17.0%

FRASER COAST

493

486

10.7%

10.5%

133

127

-7.4%

-14.5%

GLADSTONE

276

351

8.3%

10.9%

130

110

-11.9%

-9.0%

MACKAY

480

479

8.3%

8.4%

122

101

-11.1%

-8.9%

CAIRNS

ROCKHAMPTON

407

411

10.5%

11.8%

108

126

-6.4%

-9.3%

TOOWOOMBA

587

513

9.1%

8.1%

102

-4.3%

-6.5%

TOWNSVILLE

1,252

1,160

10.5%

9.9%

126

141

-9.6%

-14.1%

Average Days On Market - HOUSES 2013*

2014*

Average Days On Market - UNITS

*12mths to the end of May

140

160

120

140

*12mths to the end of May Source: REIQ, data supplied by RP Data

2013*

2014*

Average Vendor Discounting - UNITS

120

100

60 40

0.0%

-2.0%

-4.0%

-6.0%

-8.0%

-10.0%

-12.0%

-12.0% -14.0%

-14.0% 2013*

2014*

Average Vendor Discounting - HOUSES

2013*

JUNE QUARTER 2014

REGIONAL MARKET UPDATES

RENTAL MARKET INDICATORS GROSS YIELDS LOCAL GOVERNMENT AREA

HOUSES JUN-14

UNITS

MAR-14

JUN-14

MAR-14

GREATER BRISBANE

RESIDENTIAL VACANCY RATES AS AT END OF

JUN-14

MAR-14

TREND

STATUS

GREATER BRISBANE

BRISBANE CITY

3.7%

3.9%

4.9%

5.0%

BRISBANE SD

2.3%

1.9%

TIGHT

IPSWICH CITY

5.2%

4.6%

5.6%

BRISBANE CITY

2.4%

2.3%

STEADY

TIGHT

LOGAN CITY

5.1%

4.9%

6.0%

5.9%

BRISBANE INNER (0-5KM)

3.4%

3.1%

MORETON BAY

4.6%

4.5%

4.4%

4.7%

BRISBANE REMAINDER

1.7%

1.9%

STEADY

TIGHT

REDLAND CITY

4.2%

4.3%

5.0%

5.2%

BRISBANE SURROUNDS²

2.2%

1.5%

TIGHT

IPSWICH CITY

3.0%

1.8%

HEALTHY HEALTHY

TOURISM CENTRES

HEALTHY

GOLD COAST CITY

4.3%

4.5%

5.3%

LOGAN CITY

2.8%

1.2%

SUNSHINE COAST

4.4%

4.5%

4.9%

4.6%

MORETON BAY REGIONAL

1.7%

1.5%

STEADY

TIGHT

CAIRNS

4.8%

4.9%

6.4%

4.3%

CABOOLTURE

1.5%

1.1%

TIGHT

FRASER COAST

5.1%

5.5%

4.9%

5.3%

PINE RIVERS

0.9%

1.0%

STEADY

TIGHT

REDCLIFFE

2.4%

2.6%

STEADY

TIGHT

REGIONAL/RESOURCE AREAS BUNDABERG

5.2%

4.8%

4.4%

4.7%

REDLAND CITY

1.5%

1.6%

STEADY

TIGHT

GLADSTONE

4.4%

N/A

MAINLAND

1.4%

STEADY

TIGHT

MACKAY

4.6%

4.9%

4.7%

3.3%

BAY ISLANDS

2.6%

2.5%

STEADY

HEALTHY

ROCKHAMPTON

4.9%

4.8%

3.0%

4.8%

TOURISM CENTRES

TOOWOOMBA

4.6%

5.0%

4.8%

5.6%

GOLD COAST CITY

1.7%

2.2%

DOWN

TIGHT

TOWNSVILLE CITY

4.8%

4.9%

5.2%

6.9%

SUNSHINE COAST#

1.1%

1.2%

STEADY

TIGHT

CALOUNDRA COAST

0.9%

1.3%

DOWN

TIGHT TIGHT

OTHER REGIONAL AREAS BANANA

6.1%

N/A

MAROOCHY COAST

0.9%

STEADY

BURDEKIN

7.6%

6.3%

N/A

HINTERLAND

2.0%

3.6%

DOWN

TIGHT

CASSOWARY COAST

7.1%

6.3%

N/A

NOOSA SHIRE#

2.0%

0.9%

TIGHT

FRASER COAST REGIONAL

CENTRAL HIGHLANDS

3.8%

5.0%

N/A

2.5%

STEADY

HEALTHY

CHARTERS TOWERS

7.6%

6.7%

N/A

HERVEY BAY

1.9%

1.8%

STEADY

TIGHT

DOUGLAS

4.7%

N/A

5.9%

N/A

MARYBOROUGH

3.2%

3.1%

STEADY

HEALTHY

GOONDIWINDI

6.7%

5.4%

N/A

CAIRNS REGIONAL#

2.0%

STEADY

TIGHT

GYMPIE

5.3%

5.4%

N/A

DOUGLAS SHIRE#

2.2%

N/A

TIGHT

ISAAC

6.7%

N/A

REGIONAL QLD

LIVINGSTONE

5.1%

N/A

4.9%

N/A

BUNDABERG REGIONAL

4.0%

4.5%

DOWN

WEAK

LOCKYER VALLEY

5.9%

6.4%

N/A

GLADSTONE REGIONAL

5.6%

6.4%

DOWN

WEAK

MARANOA

6.9%

6.5%

N/A

MACKAY REGIONAL

6.8%

7.5%

DOWN

WEAK

MAREEBA

5.9%

N/A

ROCKHAMPTON REGIONAL#

4.8%

5.6%

DOWN

WEAK

MOUNT ISA

6.9%

7.1%

N/A

TOOWOOMBA REGIONAL

1.5%

1.4%

STEADY

TIGHT

NOOSA

3.8%

N/A

5.2%

N/A

TOWNSVILLE/THURINGOWA

5.4%

4.7%

WEAK

OTHER REGIONAL AREAS

NORTH BURNETT

7.8%

N/A

SCENIC RIM

5.0%

4.7%

N/A

BURDEKIN SHIRE

SOMERSET

5.3%

5.5%

N/A

CENTRAL HIGHLANDS REGIONAL

8.1%

N/A

WEAK

14.8%

N/A

WEAK TIGHT

SOUTH BURNETT

6.1%

5.6%

N/A

GYMPIE REGIONAL

2.0%

1.8%

STEADY

SOUTHERN DOWNS

5.2%

5.1%

N/A

SOUTHERN DOWNS REGIONAL

3.3%

2.5%

HEALTHY

TABLELANDS

5.6%

4.9%

N/A

WHITSUNDAY REGIONAL

13.0%

9.5%

WEAK

WESTERN DOWNS

6.9%

6.4%

N/A

WHITSUNDAY

4.6%

4.7%

4.9%

5.3%

VACANCY TREND: MARKET STATUS:

STEADY = +/- 0.2% TIGHT <2.5%

UP => +0.3%; HEALTHY = 2.5-3.5%

DOWN =< -0.3% OR MORE WEAK >3.5%

Queensland Market Monitor is published by The Real Estate Institute of Queensland (REIQ). ABN 49 009 661 287

Sales data obtained from RPData (www.rpdata.com.au) and median weekly rental data from the Residential Tenancies Authority. Enquiries about the reproduction of part or all of the information should be directed to the Corporate Affairs Division, REIQ. Based on or contains data provided by the State of Queensland (Department of Natural Resources and Mines) 2014. In consideration of the State permitting use of this data you acknowledge and agree that the State gives no warranty in relation to the data (including accuracy, reliability, completeness, currency or suitability) and accepts no liability (including without limitation, liability in negligence) for any loss, damage or costs (including consequential damage) relating to any use of the data. Data must not be used for direct marketing or be used in breach of the privacy laws 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 Corporate Affairs Division on phone 07 3249 7347.

Data report date: 11 August 2014 Published date: 11 September 2014 38 QUEENSLAND MARKET MONITOR

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