2014 REIQ Market Monitor – September Quarter by First National Nerang

REIQ

QUEENSLAND MARKET MONITOR ISSUE 24

SEPT QTR 2014

your state-wide property research guide suburb by suburb

QMM STATE-WIDE COMMENTARY

CONFIDENCE SPREADS TO REGIONAL QLD While residential real estate markets south of the border are reportedly coming to, if not already at their peak, Queensland is some way off that point. Sales activity in Southeast Queensland (SEQ) continues to strengthen, while the stateâ&#x20AC;&#x2122;s key regional centres are beginning to reap the benefits of growing confidence across the state. Listing numbers have begun to improve, a sign that vendors are becoming increasingly confident about current selling conditions. However, local agents still report a shortage of supply in some areas and price segments.

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Average days on market and average vendor discounting have improved markedly in most regions compared to a year ago. These conditions, combined with strong sales activity, have seen SEQ, Toowoomba and Cairns enter a rising house market. Townsville has now joined the Fraser Coast in recovery mode, with Gladstone and Bundaberg also entering a recovery phase. Local agents are reporting Rockhampton is at the bottom of the cycle, while Mackay appears to be stabilising. >p2

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: CoreLogic RP Data (www.corelogic.com.au)

2 QUEENSLAND MARKET MONITOR

STATE-WIDE SUMMARY

CONTINUED

HOUSE MARKET

REIQ

House sales activity across SEQ continued to improve over the September quarter, with preliminary sales numbers up five per cent across Greater Brisbane. The Gold and Sunshine Coasts recorded an increase of seven and three per cent respectively.

TABLE OF CONTENTS

Cairns saw sales volumes for both the house and unit markets increase by more than 30 per cent, with the city also recording the greatest improvement in average vendor discounting outside of SEQ. Toowoomba shared equal honours for the greatest drop in days on market compared to a year ago.

Queensland market update 1 REIQ Explanatory notes

Brisbane market updates Brisbane City

Greater Brisbane

These six regions have now recorded consecutive quarterly increases in sales volumes and with strong increases in their respective median house prices over the year to September. They are clearly beginning to enter the rising segment of the property cycle.

Regional market updates Gold Coast

The Fraser Coast on the other hand saw sales activity remain relatively stable over the quarter, a trend seen over the corresponding period last year. All other market indicators, however, point to a recovery in the local house market. The region posted the second greatest improvement in days on market, with houses selling 12 days quicker than they did this time last year.

Toowoomba 19 Sunshine Coast

Fraser Coast

Bundaberg 25

Townsville’s house market has bounced back after a very lacklustre June quarter, with sales volumes over the September quarter up 27 per cent – taking preliminary house sale numbers to their highest level so far this decade.

Gladstone 27 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

... key regional centres are beginning to reap the benefits of growing confidence across the state.

Mackay and Gladstone both recorded strong sales activity for the quarter, however both regions are still seeing a softening in median house prices. Local agents in Gladstone report that the residential sales market is normalising following an exceptionally high volume of activity in the past few years. UNIT MARKET

Unit and townhouse markets across SEQ and many other parts of the state continue to improve. While overall preliminary sales numbers were up across all price points, the strongest increase in sales was recorded in the sub$250,000 (up 20 per cent) and million-dollar plus price point (up 21 per cent). Greater Brisbane’s unit market outperformed house sales, with volumes up 11 per cent over the quarter on the back of strong results in the Logan and Ipswich regions. The Cairns unit market performed very strongly over the September quarter, with unit sales in the sub-$250,000 recording the highest increase in buyer activity. This contributed to the region’s drop in median sale price for that period. Toowoomba also continues to record strong sales activity, with volumes up 21 per cent on the June quarter and the median sale price posting a healthy 2.5 per cent increase over the same period.

3 QUEENSLAND MARKET MONITOR

SEPTEMBER QUARTER 2014

STATE-WIDE SUMMARY

HOUSES (<2400) SALES ACTIVITY CHANGE

MEDIAN QTRLY SALE PRICE CHANGE

LGA

UNITS & TOWNHOUSES MEDIAN SALE PRICE

VACANT LAND (<2400)

SALES MEDIAN ACTIVITY SALE PRICE CHANGE

QTRLY CHANGE

SALES ACTIVITY CHANGE

-0.3%

-8%

GREATER BRISBANE BRISBANE SD

$465,500

-1.0%

$384,900

-1.3%

BRISBANE

$580,000

0.9%

$420,000

0.6%

IPSWICH

$300,000

0.0%

$242,000 -16.5%

11%

$215,000

$335,000

-0.2%

24%

$168,177

-3.9%

-26% -35%

LOGAN

$341,000

-0.9%

14%

$241,000

4.8%

41%

$188,000

-3.6%

MORETON BAY

$382,250

-1.4%

$319,450

-0.2%

10%

$210,825

-1.9%

REDLAND

$468,000

-0.2%

$356,750

6.5%

$51,000

-27.1%

GOLD COAST

$495,000

-3.9%

$340,000

-2.9%

$234,000

-0.4%

SUNSHINE COAST

$473,500

1.2%

$342,500

-1.8%

-26%

NOOSA

$522,500

-5.7%

13%

$395,000

9.4%

FRASER COAST

$286,500

0.5%

$240,000

CAIRNS

$379,000

-0.5%

38%

$210,000

$268,995

-5.3%

19%

$235,000 -12.1%

-17% 57%

TOURISM CENTRES 3%

$242,000

3.0%

$247,750

-8.2%

-5.9%

-9%

$150,000

-5.4%

34%

$203,500

62%

$144,000

0.0%

-19%

$214,000

25.9%

-6%

188%

$206,000

6.7%

-33%

13%

15.4%

14%

19.7%

42%

REGIONAL CENTRES BUNDABERG

24%

GLADSTONE

$374,000

-4.1%

11%

$370,000

12.1%

MACKAY

$391,000

-1.0%

14%

$301,030

-1.3%

ROCKHAMPTON

$305,000

-3.6%

$415,000

-0.6%

47%

$183,900

7.9%

109%

$339,500 BRISBANE HOUSE MARKETS $340,000 September Qtr 2014

1.0%

$279,000

2.5%

21%

$156,500

-2.7%

139%

27%

$251,750

-6.8%

-18%

$161,900

3.8%

TOOWOOMBA TOWNSVILLE

-5.6%

Brisbane With activity typicallyRISING lagging the house FALLINGmarket by at least Redland one quarterLogan in most regions, the unit markets across most Bayare beginning to enjoy improving overall major Moreton centres Ipswich market conditions.

Properties are selling quicker and average vendor discounting is coming down in SEQ, along with the likes RECOVERING STABILISING of Cairns and the Fraser Coast. Toowoomba, Rockhampton and Townsville have likewise seen improvements in their on the market statistics over the year to September. Source: REIQ

QUEENSLAND HOUSE MARKETS September Qtr 2014

Brisbane SD Toowoomba Gold Coast Sunsine Coast Cairns

RISING

Fraser Coast RECOVERING Townsville

Source: REIQ

FALLING

STABILISING

Gladstone Bundaberg Rockhampton

4 QUEENSLAND MARKET MONITOR

Mackay

ON THE MARKET" LGA

27%

HOUSES (ALL)

UNITS (ALL)

STOCK STOCK DAYS ON VENDOR DAYS ON VENDOR ON ON MARKET DISCOUNT MARKET DISCOUNT MARKET MARKET

GREATER BRISBANE BRISBANE

6.4%

-5.5%

6.4%

-4.8%

IPSWICH LOGAN MORETON BAY REDLAND TOURISM CENTRES GOLD COAST SUNSHINE COAST FRASER COAST CAIRNS REGIONAL QLD BUNDABERG GLADSTONE MACKAY ROCKHAMPTON TOOWOOMBA TOWNSVILLE

7.0% 7.2% 7.3% 8.4%

82 76 73 70

-6.5% -5.8% -5.4% -5.7%

10.3% 10.8% 9.3% 9.5%

117 101 100 90

-7.4% -6.3% -5.5% -5.3%

7.7% 9.0% 9.5% 6.7%

72 90 109 71

-6.0% -5.9% -7.6% -5.8%

9.1% 9.6% 8.0% 11.1%

93 106 97 118

-6.7% -6.4% -7.6% -6.6%

8.3% 7.9% 7.2% 7.8% 8.7% 7.1%

89 114 95 94 62 89

-7.5% -9.8% -9.0% -8.0% -4.5% -7.4%

11.1% 7.2% 7.9% 7.7% 8.9% 10.3%

138 130 129 112 76 126

-8.0% -11.3% -12.9% -6.6% -4.3% -9.4%

" Figures are for the 12 months ending August 2014

STATE-WIDE SUMMARY

RENTAL TRENDS^ LGA GREATER BRISBANE BRISBANE CITY IPSWICH CITY LOGAN CITY MORETON BAY REDLAND CITY TOURISM CENTRES GOLD COAST CITY SUNSHINE COAST** NOOSA FRASER COAST CAIRNS REGIONAL QLD BUNDABERG GLADSTONE MACKAY ROCKHAMPTON TOOWOOMBA TOWNSVILLE

MEDIAN WEEKLY RENT 3-BED HOUSE

2-BED FLAT

GROSS RENTAL YIELDS

3-BED TOWNHOUSE

HOUSES

UNITS

$415 $300 $340 $340 $380

UP UP UP UP STEADY

$400 $250 $260 $270 $330

UP STEADY STEADY STEADY STEADY

$405 $310 $335 $335 $390

STEADY UP UP STEADY UP

3.7% 5.2% 5.2% 4.6% 4.2%

DOWN STEADY STEADY STEADY STEADY

5.0% 5.4% 5.6% 4.4% 4.8%

STEADY UP* STEADY DOWN STEADY

$430 $400 $420 $280 $350

UP* UP* UP* STEADY UP

$360 $320 $360 $235 $280

UP UP UP* UP UP

$385 $370 $490 $325 $350

UP DOWN UP* UP* DOWN

4.5% 4.4% 4.2% 4.8% 5.1%

STEADY STEADY

STEADY UP*

STEADY DOWN

5.5% 4.9% 4.7% 6.9% 5.1%

UP* DOWN

$285 $320 $345 $300 $300 $320

STEADY DOWN* DOWN* DOWN* UP DOWN*

$230 $250 $250 $230 $240 $265

STEADY DOWN* DOWN* DOWN* UP DOWN

$320 $350 $350 $300 $295 $330

UP* DOWN* DOWN* DOWN* UP* DOWN*

5.5% 4.4% 4.6% 5.1% 4.6% 4.9%

UP STEADY DOWN STEADY DOWN STEADY

5.1% 3.5% 4.3% 2.9% 4.5% 5.5%

DOWN DOWN* UP* DOWN* DOWN* DOWN*

^ Trend for rents over year, trend for yields are over the quarter * change greater than $20 (rents) or 0.5 pts (yields)

FOR FULL ON THE MARKET AND RENTAL MARKET STATISTICS BY LOCAL GOVERNMENT AREA, SEE PAGE 37-38

RENTAL MARKET

The REIQ’s latest Residential Rental Survey, conducted at the end of September, found vacancy levels remain relatively steady across most parts of the state. Only four of the 16 major regions recorded a significant change in vacancy levels. Outside Queensland’s resource centres, rental conditions remain tight across all other major regional centres. The Sunshine Coast again posted the State’s tightest vacancy rate of one per cent at the end of September. Latest figures from the RTA also point to some movements in median weekly rents. This is in line with trends showing varying demand and supply levels across the state. Median rents in Gladstone and Mackay continue to ease, while continued tight conditions seen in many other parts of the state are yet to convert into any significant increases in median weekly rents. The total number of new bonds lodged across Queensland was up over the September quarter. Local agents in many areas say this is a popular time of year for people to relocate, most notably for work or school reasons prior to the Christmas-New Year period.

VACANCY RATES LGA/REGION' GREATER BRISBANE BRISBANE SD' BRISBANE CITY IPSWICH CITY LOGAN CITY MORETON BAY REDLAND CITY TOURISM CENTRES GOLD COAST CITY SUNSHINE COAST' FRASER COAST CAIRNS REGIONAL QLD BUNDABERG GLADSTONE MACKAY ROCKHAMPTON TOOWOOMBA TOWNSVILLE

30-SEP-14

TREND

2.0% 2.3% 1.6% 1.5% 1.8% 1.8%

DOWN STEADY DOWN DOWN STEADY UP

1.9% 1.1% 2.1% 1.8%

STEADY STEADY DOWN STEADY

2.9% 4.7% 8.4% 4.1% 1.6% 4.8%

DOWN DOWN UP DOWN STEADY DOWN

* change greater than 0.5 pts

SEPTEMBER QUARTER 2014

BRISBANE MARKET UPDATES

BRISBANE CITY

Over the September quarter the Brisbane City local government area (LGA) once again recorded an increase in sales activity. It also saw strong growth in its annual median sale prices for both houses and units compared to a year ago. The capital city is firmly moving into a rising market, with strong volumes recorded across all price points. The strong price growth seen in the Sydney and Melbourne residential property markets puts Brisbane in a healthy position to reap the benefits of increased interstate investment. Investors and home buyers alike are looking north of the border for more affordable housing options in a capital city that has some capital growth still to come.

BRISBANE CITY HOUSE SALES (p) JUN 14

Brisbane remains the fastest selling major region with an average of 57 days over the year to August, while the rate of average vendor discounting over the period also remains the lowest for the state at 5.5 per cent. According to local agents listings are still hard to come by in some areas, particularly in the sub-$500,000 bracket. This was evident in the price point results for the quarter which saw the sub-$350,000 and sub-$500,000 segments record only small increases in preliminary sales volumes, while healthy increases were seen in the upper two price points. A further indicator that the Brisbane house market is getting into full swing is that the increase in sales activity is not concentrated in any one pocket or zone from the CBD. Strong growth in sales volumes over the quarter was recorded in the likes of Mount Gravatt East, Woolloongabba, Carseldine and Salisbury. UNIT MARKET

Brisbane’s unit market also continues to perform strongly, with sales volumes up seven per cent over the September quarter. The median sale price was relatively steady over the quarter, however the annual median was up a healthy five per cent compared to a year ago and up 9.1 per cent compared to five years ago. According to local agents, there is strong activity in the new unit and townhouse market across the city, with a number of new developments still coming onto the market. These include high rise units in inner Brisbane, to townhouse complexes scattered across the middle-toouter suburbs. Similar to the house market, activity at the affordable end of the market wasn’t as strong as sales in the upper price points.

235

161

<$350,000

$350,000+

$1m+

(p) Preliminar Source: REIQ,

BRISBANE SURROUNDS HOUSE SALES (p) INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND BRISBANEJUN CITY SALES 14 UNITSEP 14 (p) 1154

JUN 14 SEP 14 1256 1157 860 875

1272

$350,000+

21 54

18 45

<$350,000

480508 472 454

363 384

$500,000+

$1m+

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

$1m+

GOLD COAST HOUSE SALES (p) BRISBANE SURROUNDS UNIT SALES (p) JUN 14

(p) Prelimina <$2 Source: REIQ (p) Preliminary Source: REIQ, d

SEP 14

INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND

BRISBANE CITY LAND SALES (p) JUN575 14 SEP 14

260 197 43

282 260 480JUN 14 57

111

66 29

548 516 SEP 14

<$350,000

$350,000+

$500,000+

(p) Preliminary. See explanatory notes for further information.$500,000+ <$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$250,000+ Data. <$250,000 $350,000+

& NOOSA HOUSE (p) Preliminary. See SUNSHINE explanatory notesCOAST for further information. Source: REIQ, data provided by RP Data.COAST UNIT SALES (p) GOLD JUN 14

13240

31 84 5

101 24 5

$1m+

$500,000+

SALES (p)

SEP 14

(p) Prelimina <$2 Source: REIQ, (p) Preliminary. Source: REIQ, da (p) Preliminary Source: REIQ,

JUN 14443 SEP 14 440 BRISBANE SURROUNDS LAND SALES (p) RENTAL MARKET Includes IPSWICH, LOGAN, MORETON BAY & REDLAND 373 560 520

JUN 14

346 SEP 14

457 379 of September,451 At the end Brisbane recorded a vacancy 341 rate of 2.3296 per cent, relatively unchanged 290 276 since the end of 273 June. Brisbane’s middle to outer suburbs (5 to 20km from 79 76 43 37 levels, the CBD) recorded a slight easing in vacancy up 0.3 36 59 percentage points to two per cent at the end of September. 71 59 <$350,000 saw $350,000+ $500,000+ $1m+ 36 Inner Brisbane vacancies drop to 22 2.9 per 9 3 cent. <$250,000 $250,000+ $350,000+ (p) Preliminary. See explanatory notes for further information.$500,000+

$1m+

Source: REIQ, data provided by notes Data. (p) Preliminary. See explanatory for further information. Despite the result,RP$250,000+ there continues to be concern about Source: REIQ, data provided by RP Data. <$250,000 $350,000+ $500,000+ the number of newnotes units coming (p) Preliminary. See explanatory for further information.onto the inner city Source: REIQ, data provided by RP Data. SUNSHINE COAST NOOSA UNIT SALES (p) market and its impact on &the rental market.

JUN 14

<$2 (p) Prelimina REIQ (p)Source: Preliminary Source: REIQ, d (p) Preliminary Source: REIQ,

SEP 14

GOLD COAST LAND SALES (p) Analysis of figures from the RTA show the number of JUN 14 194 SEP 14 197 bonds held for unit 203 tenancies increased by nearly 7000 177 102 bonds across the inner Brisbane zones since the end of 88 September 2010, when the first of 105 the 112 developments were 105 108 completed. This suggests that at this stage the additional supply is being absorbed. 27 21 33

16 10 10 Over the longer term, agents are8 expecting to see <$250,000 $250,000+ $350,000+ $500,000+ $1m+ softening rents and increased use of rental incentives, (p) Preliminary. See explanatory notes for further information. <$250,000 $250,000+ $350,000+ $500,000+ rather than a continued over supply in the market. Source: REIQ, data provided by RP Data. (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

SUNSHINE COAST & NOOSA LAND SALES (p) JUN 14

6 QUEENSLAND MARKET MONITOR

$500,000+

274

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

HOUSE MARKET

Brisbane’s house market continues to lead the rest of the state out of the recovery stage, with sales volumes continuing to grow along with strengthening buyer demand. This is evident in the continued improvement in average days on market and average vendor discounting, both of which have edged down since the end of June.

784

770 166

SEP 14 1840 1900

46 35

SEP 14

<$2

(p) Preliminary. Source: REIQ, d (p) Preliminar Source: REIQ,

BRISBANE MARKET UPDATES

SALES MARKET - HOUSES SUBURB

NUMBER OF SALES

SALES MARKET - HOUSES (CONT’D) MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

SUBURB

NUMBER OF SALES

MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

BRISBANE CITY (LGA)

3,283

$580,000

0.9%

$570,500

8.7%

18.9%

KANGAROO POINT ~

N/A

$758,625

18.1%

16.7%

BRISBANE CITY (LGA) ^

$922,500

6.0%

$892,500

5.0%

KARANA DOWNS

$362,500

N/A

$376,000

-3.3%

-5.1%

ACACIA RIDGE

$355,750

6.2%

$330,000

8.2%

1.1%

KARANA DOWNS ^

N/A

$460,000

2.2%

1.1%

ALBION

N/A

$670,000

N/A

KEDRON ~

$629,000

-1.7%

$625,000

15.5%

30.2%

ALDERLEY

$720,000

4.6%

$655,000

5.2%

13.2%

KELVIN GROVE ~

$642,000

-10.0%

$685,000

7.0%

14.2%

ALGESTER

$470,000

3.8%

$445,000

7.2%

14.1%

KENMORE

$607,500

7.5%

$573,500

5.3%

14.8%

ANNERLEY ~

$645,000

-6.9%

$650,000

20.4%

24.4%

KENMORE HILLS

N/A

$650,000

N/A

-10.0%

ASCOT ~

$927,500

-21.7%

$1,300,000

38.2%

39.0%

KEPERRA

$458,000

4.3%

$441,000

6.3%

6.5%

ASHGROVE

$755,000

0.4%

$782,500

3.6%

24.5%

KURABY

$585,000

5.7%

$576,500

8.3%

18.4%

ASPLEY

$554,000

3.9%

$520,000

8.3%

14.9%

LOTA

$530,000

1.0%

$518,000

0.6%

13.5%

AUCHENFLOWER

$878,000

N/A

$892,550

11.6%

16.7%

LUTWYCHE

$720,000

N/A

$720,000

7.9%

24.1%

BALD HILLS

$380,000

-0.3%

$380,000

7.6%

1.5%

MACGREGOR ~

$670,000

8.9%

$617,000

10.6%

27.2%

BALMORAL ~

$1,042,500

12.1%

$876,250

5.6%

24.5%

MACKENZIE

N/A

$667,500

7.7%

N/A

BANYO

$439,000

4.9%

$430,000

2.4%

12.6%

MANLY ~

$663,000

N/A

$678,500

18.0%

19.0%

BARDON ~

$822,000

-9.0%

$828,000

10.4%

23.6%

MANLY WEST

$492,500

1.8%

$489,000

2.7%

4.0%

BELLBOWRIE

N/A

$465,000

8.6%

6.3%

MANSFIELD ~

$534,500

-8.6%

$545,000

13.0%

20.5%

BELMONT

$507,000

N/A

$567,500

9.1%

6.1%

MCDOWALL

$585,500

-0.7%

$580,750

4.6%

14.8%

BOONDALL

$425,200

0.0%

$422,500

3.6%

MIDDLE PARK

$512,750

-5.0%

$525,000

6.7%

8.7%

BRACKEN RIDGE

$420,000

1.8%

$418,000

2.1%

2.0%

MITCHELTON

$577,500

6.7%

$545,000

6.9%

17.7%

BRIDGEMAN DOWNS ~

$646,000

-7.4%

$703,000

7.3%

13.4%

MOGGILL

$490,000

-4.9%

$508,500

4.0%

9.4%

BRIGHTON

$442,000

0.5%

$440,000

10.0%

15.8%

MOOROOKA

$549,999

0.0%

$532,500

5.4%

18.3%

BULIMBA ~

$1,000,000

-11.9%

$1,100,000

19.1%

42.3%

MORNINGSIDE

$671,000

8.4%

$639,000

9.2%

21.1%

CALAMVALE

$552,500

-6.0%

$555,000

7.4%

15.6%

MOUNT CROSBY ^

N/A

$545,000

6.6%

4.8%

CAMP HILL ~

$716,500

6.6%

$716,500

10.5%

26.8%

MOUNT GRAVATT

$553,750

-0.1%

$557,500

10.6%

18.9%

CANNON HILL ~

$740,000

5.7%

$667,000

16.5%

37.1%

MOUNT GRAVATT EAST

$560,500

3.8%

$555,000

15.6%

26.0%

CARINA

$563,500

5.3%

$549,000

11.8%

19.1%

MOUNT OMMANEY

N/A

$780,000

N/A

CARINA HEIGHTS

$570,000

N/A

$580,000

10.5%

19.5%

MURARRIE ~ *

$555,000

N/A

$546,250

17.0%

21.4%

CARINDALE

$725,000

1.2%

$708,856

8.2%

12.7%

NEW FARM ~

$1,250,000

-3.8%

$1,250,000

16.3%

43.3%

CARSELDINE

$557,500

-0.4%

$540,000

4.3%

9.6%

NEWMARKET ~

$740,000

-17.7%

$731,250

4.5%

17.9%

CHAPEL HILL

$672,500

2.0%

$670,000

11.7%

NORMAN PARK ~

$689,500

-10.6%

$790,000

16.3%

23.4%

CHELMER ~ f

$762,500

-37.2%

$800,000

-8.8%

3.2%

NORTHGATE

$590,000

-4.8%

$572,500

4.1%

17.1%

CHERMSIDE

$577,500

1.3%

$520,000

13.5%

18.2%

NUDGEE

$556,350

-2.4%

$556,500

5.0%

23.3%

CHERMSIDE WEST

$520,000

9.0%

$485,000

12.7%

11.5%

NUNDAH

$697,850

-1.4%

$650,000

5.7%

24.4%

CLAYFIELD ~

$770,000

-18.9%

$887,500

9.0%

18.3%

OXLEY

$462,500

-2.6%

$468,690

4.2%

11.6%

COOPERS PLAINS

$452,500

-5.3%

$465,099

8.5%

17.2%

PADDINGTON ~

$882,500

-0.8%

$930,000

19.0%

37.7%

COORPAROO

$730,000

1.4%

$698,750

8.7%

18.9%

PARKINSON

$600,000

9.6%

$567,500

9.1%

19.5%

CORINDA

$541,725

N/A

$556,000

6.9%

-5.8%

PULLENVALE ^

N/A

$923,750

-5.7%

-3.0%

DARRA

$369,500

4.1%

$348,000

12.3%

3.9%

RED HILL

$780,000

6.8%

$745,000

12.5%

14.6%

DEAGON ~

$386,500

-8.0%

$385,000

0.9%

6.9%

RIVERHILLS

$432,500

0.1%

$433,500

4.7%

6.8%

DOOLANDELLA

N/A

$400,000

-2.9%

14.6%

ROBERTSON

N/A

$741,940

7.5%

21.6%

DREWVALE

N/A

$475,500

1.4%

6.1%

ROCKLEA ~

N/A

$357,000

17.0%

-2.2%

DURACK

$370,100

6.8%

$368,000

15.0%

8.2%

RUNCORN ~

$458,000

-11.6%

$468,800

6.7%

15.2%

EAST BRISBANE

$730,000

0.3%

$725,000

6.1%

16.9%

SALISBURY

$479,000

-4.2%

$487,500

11.8%

17.5%

EIGHT MILE PLAINS

$650,000

2.4%

$650,000

11.1%

22.1%

SANDGATE ~

$535,000

13.6%

$572,500

12.3%

23.7%

ENOGGERA

$573,750

0.7%

$580,000

11.1%

17.4%

SEVEN HILLS ~

$665,000

-7.3%

$631,000

1.6%

17.8%

EVERTON PARK

$512,500

-2.2%

$513,000

8.0%

19.3%

SEVENTEEN MILE ROCKS ~

$540,000

10.8%

$655,000

37.3%

44.0%

FAIRFIELD ~

$662,500

-5.4%

$650,000

18.2%

11.6%

SHERWOOD ~

$685,000

-11.0%

$709,000

2.5%

4.3%

FERNY GROVE ~

$499,000

-13.2%

$525,000

4.0%

9.4%

SINNAMON PARK

$577,625

N/A

$585,250

3.6%

2.2%

FIG TREE POCKET ~

$722,500

-11.9%

$870,000

15.2%

23.4%

SPRING HILL ~

N/A

$922,500

19.0%

N/A

FITZGIBBON

$435,180

4.5%

$415,750

8.0%

1.4%

ST LUCIA ~

$1,180,000

30.0%

$1,000,000

3.0%

16.3%

FOREST LAKE

$400,000

-4.5%

$398,000

4.7%

7.0%

STAFFORD

$575,500

5.6%

$530,000

15.2%

20.2%

GAYTHORNE

N/A

$575,000

3.9%

19.7%

STAFFORD HEIGHTS

$528,000

7.2%

$510,000

12.1%

17.2%

GEEBUNG ~

$472,500

-0.7%

$475,500

19.2%

16.0%

STRETTON

$710,500

5.3%

$719,500

9.6%

12.4%

GORDON PARK ~

$759,250

2.9%

$746,500

23.1%

36.6%

SUNNYBANK

$627,750

4.5%

$600,000

12.0%

20.0%

GRACEVILLE ~

$570,000

-12.4%

$680,500

-8.7%

8.8%

SUNNYBANK HILLS ~

$591,500

-4.9%

$580,000

16.1%

31.2%

GRANGE ~

$743,000

-13.6%

$758,000

13.1%

14.1%

TAIGUM

$480,000

N/A

$455,000

6.8%

8.3%

GREENSLOPES ~

$577,000

-9.8%

$613,250

5.0%

22.0%

TARINGA

$824,000

N/A

$820,000

9.8%

15.2%

HAMILTON ~

$900,000

3.2%

$985,000

-10.5%

-15.5%

TARRAGINDI

$614,000

3.5%

$600,000

7.1%

17.6%

HAWTHORNE ~

$1,050,000

-7.4%

$990,000

13.8%

41.4%

THE GAP

$607,500

9.5%

$570,000

0.8%

13.9%

HEATHWOOD

$511,400

N/A

$529,500

-8.1%

6.4%

TINGALPA

$460,000

-1.7%

$460,000

5.5%

9.7%

HEMMANT

N/A

$413,500

7.4%

4.0%

TOOWONG ~

$850,000

25.9%

$737,500

8.5%

18.0%

HENDRA ~

$755,000

-13.2%

$812,000

10.5%

19.4%

UPPER KEDRON

$540,000

0.0%

$540,000

2.9%

HIGHGATE HILL

N/A

$850,000

10.4%

17.9%

UPPER MOUNT GRAVATT

$512,000

-5.6%

$535,000

15.1%

23.8%

HOLLAND PARK

$602,500

0.8%

$590,000

11.2%

20.4%

VIRGINIA

$527,500

7.7%

$495,000

15.1%

15.8%

HOLLAND PARK WEST

$611,444

1.0%

$575,000

4.9%

13.9%

WAKERLEY ~

$603,500

-7.9%

$655,000

1.6%

19.1%

INALA

$310,000

6.9%

$292,250

5.9%

0.8%

WAVELL HEIGHTS

$590,000

2.6%

$572,500

10.1%

19.3%

INDOOROOPILLY ~

$789,500

16.1%

$740,000

7.6%

22.5%

WEST END ~

$1,012,000

6.5%

$980,000

16.0%

35.7%

JAMBOREE HEIGHTS

N/A

$440,000

6.0%

6.3%

WESTLAKE ~

$621,944

11.1%

$635,000

9.5%

16.8%

JINDALEE

$485,000

0.4%

$484,250

4.9%

7.6%

WILSTON ~

$747,500

-13.0%

$825,000

0.6%

13.0%

SEPTEMBER QUARTER 2014

BRISBANE MARKET UPDATES

SALES MARKET - HOUSES (CONT’D) SUBURB

NUMBER OF SALES

MEDIAN SALE

QTRLY CHANGE

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

1YR 5YR CHANGE CHANGE

SUBURB

NUMBER OF SALES

MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

WINDSOR

$690,000

N/A

$685,000

-1.1%

14.2%

INDOOROOPILLY

$431,000

2.1%

$470,000

9.7%

10.5%

WISHART

$573,000

1.3%

$562,000

3.6%

15.9%

KANGAROO POINT ~

$445,000

-7.9%

$490,000

3.2%

16.7%

WOOLLOONGABBA ~

$649,000

N/A

$665,000

20.6%

19.8%

KEDRON ~

$384,000

13.8%

$355,000

7.7%

8.6%

WOOLOOWIN ~

$670,000

-1.7%

$776,000

11.7%

28.3%

KELVIN GROVE

$459,000

-2.3%

$473,000

-5.2%

5.3%

WYNNUM

$572,500

8.5%

$527,500

1.0%

14.3%

KURABY

N/A

$297,000

2.4%

-4.3%

WYNNUM WEST

$470,000

-4.1%

$470,000

11.2%

6.2%

LUTWYCHE ~ *

$421,000

25.7%

$410,000

-7.9%

21.5%

YERONGA ~

$720,000

10.8%

$675,500

6.4%

0.1%

MANLY WEST

$340,000

N/A

$355,000

-11.2%

-9.7%

ZILLMERE

$388,275

-1.8%

$405,000

9.5%

9.8%

MCDOWALL

N/A

$405,000

3.8%

-0.5%

SALES MARKET - UNITS & TOWNHOUSES BRISBANE CITY (LGA)

1,964

$420,000

0.6%

$420,000

5.0%

9.1%

MILTON ~

N/A

$443,000

-15.6%

-9.0%

MOOROOKA

$397,500

4.6%

$370,000

-1.1%

11.4%

MORNINGSIDE

$476,750

-1.9%

$471,000

8.1%

9.5%

MOUNT GRAVATT EAST

$381,750

0.2%

$395,000

-4.6%

11.3%

ACACIA RIDGE

$348,000

N/A

$348,000

N/A

NEW FARM *

$555,500

3.6%

$560,000

10.5%

21.7%

ALBION ~ *

N/A

$445,000

-24.0%

12.7%

NEWMARKET

N/A

$453,500

13.4%

14.5%

ALDERLEY * t

$507,500

N/A

$437,500

3.9%

21.7%

NEWSTEAD ~ f

$875,000

3.6%

$767,500

17.5%

48.9%

ALGESTER

N/A

$308,500

2.8%

-3.3%

NORMAN PARK

$382,000

N/A

$507,500

11.5%

8.4%

ANNERLEY

$431,500

-3.0%

$430,000

13.5%

19.4%

NORTHGATE

$397,500

N/A

$375,250

2.3%

1.4%

ASCOT

$431,000

-3.4%

$430,000

12.9%

13.2%

NUNDAH

$365,000

-2.8%

$429,000

4.9%

3.4%

ASHGROVE

$447,500

3.9%

$460,000

9.5%

19.0%

PADDINGTON ~

$538,000

11.0%

$485,211

-8.4%

11.4%

ASPLEY

$390,500

-2.1%

$388,000

8.4%

7.8%

PARKINSON ~

N/A

$306,000

-22.1%

-5.8%

AUCHENFLOWER

$468,750

-0.6%

$472,000

2.8%

10.0%

RED HILL

N/A

$407,250

N/A

6.6%

BALMORAL ~

N/A

$462,750

-12.3%

10.8%

RICHLANDS

N/A

$337,500

0.1%

N/A

BARDON

N/A

$541,500

N/A

11.6%

ROCHEDALE

N/A

$399,000

3.1%

N/A

BOONDALL

$394,000

0.0%

$394,000

N/A

RUNCORN

$328,500

1.9%

$337,000

0.3%

2.1%

BOWEN HILLS *

$465,000

10.2%

$451,250

15.0%

7.4%

SHERWOOD

N/A

$445,000

6.0%

4.4%

BRISBANE CITY ~ *

112

$472,000

-10.1%

$500,000

7.6%

16.3%

SOUTH BRISBANE *

$460,000

-3.2%

$515,000

14.6%

28.8%

BULIMBA

$587,500

4.9%

$566,000

-0.5%

9.4%

SPRING HILL

$420,500

-3.3%

$387,500

2.0%

0.4%

CALAMVALE

$358,800

3.1%

$364,950

-0.8%

1.8%

ST LUCIA

$478,000

9.9%

$470,000

-0.3%

5.3%

CARINA

$410,250

3.9%

$429,500

4.8%

3.5%

STAFFORD

N/A

$395,000

-2.8%

9.7%

CARINA HEIGHTS

$459,000

2.0%

$458,000

6.5%

4.1%

SUNNYBANK HILLS

$366,500

N/A

$345,150

7.9%

-2.8%

CARINDALE

N/A

$420,000

-2.3%

-19.5%

TAIGUM ~ t

$361,500

-6.1%

$385,000

19.6%

13.8%

CARSELDINE

N/A

$392,000

1.8%

8.9%

TARINGA ~

$430,000

12.3%

$417,000

3.0%

5.6%

CHERMSIDE

$399,500

2.3%

$400,000

3.2%

-2.3%

TENERIFFE

$624,000

-2.9%

$620,000

12.1%

15.9%

CLAYFIELD

$382,500

-6.9%

$390,000

10.3%

9.6%

TENNYSON ~

N/A

$960,000

20.0%

-24.4%

COOPERS PLAINS

N/A

$384,000

-7.2%

N/A

THE GAP

N/A

$449,500

3.3%

8.0%

COORPAROO

$377,500

-5.9%

$387,000

3.8%

9.6%

TINGALPA

$345,000

N/A

$329,500

3.0%

2.6%

CORINDA

N/A

$374,000

2.5%

-13.2%

TOOWONG

$450,000

5.1%

$457,500

1.7%

18.8%

DOOLANDELLA

N/A

$348,500

N/A

UPPER MOUNT GRAVATT * t

$517,500

N/A

$451,000

28.9%

15.6%

DURACK

N/A

$349,000

-0.6%

N/A

WAKERLEY

N/A

$413,000

-4.6%

N/A

DUTTON PARK

N/A

$500,000

-4.8%

N/A

WAVELL HEIGHTS

N/A

$432,000

N/A

-1.6%

EAST BRISBANE

$445,000

6.0%

$407,500

-4.1%

7.2%

WEST END ~ *

$529,000

-13.3%

$514,000

-2.1%

-5.9%

EIGHT MILE PLAINS

$386,000

4.6%

$385,000

1.3%

5.2%

WINDSOR

$405,000

5.2%

$395,000

-11.0%

15.8%

ELLEN GROVE

N/A

$346,000

0.0%

3.3%

WISHART

$390,000

6.6%

$376,000

7.4%

ENOGGERA

N/A

$400,000

-3.6%

1.3%

WOOLLOONGABBA

$395,000

-2.5%

$399,000

-5.0%

-2.8%

EVERTON PARK * t

$419,000

-1.4%

$412,500

3.7%

20.4%

WOOLOOWIN

$347,000

N/A

$362,500

0.8%

8.5%

FAIRFIELD *

N/A

$355,000

-13.4%

-17.9%

WYNNUM

N/A

$370,000

2.1%

2.5%

FORTITUDE VALLEY ~ *

$464,000

-7.2%

$445,000

6.0%

11.7%

WYNNUM WEST * t

$307,500

-22.0%

$359,000

0.0%

15.8%

GAYTHORNE

$408,500

N/A

$410,000

0.0%

17.0%

YEERONGPILLY

N/A

$410,000

8.2%

-1.0%

GORDON PARK

N/A

$364,000

1.1%

7.1%

YERONGA * t

$537,500

40.7%

$435,500

1.9%

5.3%

GREENSLOPES

$391,000

9.7%

$373,750

10.6%

2.5%

ZILLMERE

$335,000

0.5%

$340,000

-6.8%

-2.0%

HAMILTON ~ *

$545,000

11.2%

$511,000

-1.7%

16.1%

HAWTHORNE

N/A

$505,000

10.4%

17.7%

HENDRA

N/A

$500,000

N/A

HERSTON ~

N/A

$437,500

N/A

22.9%

HIGHGATE HILL ~

$390,000

-20.4%

$510,000

-1.0%

15.3%

HOLLAND PARK WEST

N/A

$377,500

N/A

6.0%

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

CALL US ON 1300 664 715

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

BRISBANE MARKET UPDATES

RENTAL MARKET - 3 BED HOUSES

SALES MARKET - VACANT LAND

POST NUMBER OF SALES

SUBURB

MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

BRISBANE CITY (LGA)

159

$335,000

-0.2%

$320,000

10.3%

17.6%

BRISBANE CITY (LGA) ^

$587,500

N/A

$680,000

-35.4%

51.1%

BRIDGEMAN DOWNS ~

N/A

$402,500

13.4%

32.0%

BRIGHTON

$274,500

N/A

$278,000

N/A

CARINDALE ~

N/A

$460,000

-11.5%

N/A

CARSELDINE

N/A

$334,000

2.5%

19.3%

FITZGIBBON ~

$170,700

0.2%

$194,900

15.4%

N/A

HEATHWOOD

N/A

$265,000

N/A

11.3%

KURABY

N/A

$328,875

0.4%

2.8%

MCDOWALL

N/A

$355,000

N/A

MOGGILL

N/A

$255,000

4.1%

8.5%

OXLEY

N/A

$285,000

0.0%

16.3%

ROCHEDALE

N/A

$415,000

8.4%

N/A

UPPER KEDRON

N/A

$324,750

7.9%

N/A

RENTAL MARKET - 3 BED HOUSES POST CODE

SEP-14 LOCALITYL

$/WEEK

NEW BONDS

SEP-13

NEW BONDS $/WEEK

NEW BONDS

LOCALITYL

4112

KURABY

$390

$370

4113

EIGHT MILE PLAINS

$385

$390

4115

ALGESTER

$370

4116

CALAMVALE

$390

SOUTH EAST - INNER

$450

293

$450

272

4151

COORPAROO

$450

$480

4152

CAMP HILL

$450

117

$440

4170

CANNON HILL

$450

4171

BALMORAL

$550

$590

4172

MURARRIE

$430

$400

SOUTH EAST - OUTER

$410

$400

4153

BELMONT

$400

$440

4154

GUMDALE

$530

4173

TINGALPA

$410

$400

4174

HEMANT

$370

$390

SOUTH WEST - INNER

$430

108

$420

109

4068

CHELMER

$450

4075

CORINDA

$420

$395

SOUTH WEST - OUTER

$360

340

$355

370

4069

BROOKFIELD

$450

$440

SEP-13

NEW BONDS $/WEEK

SEP-14 $/WEEK

CODE

N.A.

BRISBANE CITY

$415

2932

$410

2927

4073

SEVENTEEN MILE ROCKS

$400

$420

BAYSIDE

$410

151

$395

143

4074

JINDALEE

$380

$385

4178

WYNNUM

$400

4076

DARRA

$340

$330

4179

MANLY

$420

$395

4077

DOOLANDELLA

$320

$310

CITY INNER

$530

231

$540

251

4078

FOREST LAKE

$350

127

$350

4000

BRISBANE CITY

$555

$550

4005

NEW FARM

$700

$615

4006

BOWEN HILLS

$520

$540

4064

PADDINGTON

$540

$550

BRISBANE CITY

$400

4474

$395

4311

4066

TOOWONG

$500

$520

BAYSIDE

$340

4067

ST LUCIA

$180

$415

4178

WYNNUM

$330

$350

4101

WEST END

$530

$575

4179

MANLY

$430

$285

4102

WOOLOONGABBA

$470

$490

CITY INNER

$495

1925

$490

1718

4169

EAST BRISBANE

$545

$530

4000

BRISBANE CITY

$590

358

$600

249

NORTH - INNER

$450

302

$450

313

4005

NEW FARM

$495

300

$500

302

4007

ASCOT

$575

$525

4006

BOWEN HILLS

$495

279

$500

250

4010

ALBION

$550

$500

4064

PADDINGTON

$405

$385

4011

CLAYFIELD

$500

$525

4066

TOOWONG

$415

248

$400

189

4012

NUNDAH

$435

$440

4067

ST LUCIA

$430

110

$430

126

4030

LUTWYCHE

$470

4101

WEST END

$500

289

$515

270

4031

GORDON PARK

$430

$440

4102

WOOLOONGABBA

$460

101

$390

4051

ALDERLEY

$450

4169

EAST BRISBANE

$465

176

$495

185

NORTH - OUTER

$390

419

$385

418

NORTH - INNER

$360

855

$360

829

4013

NORTHGATE

$380

$395

4007

ASCOT

$395

136

$410

147

4014

VIRGINIA

$380

$395

4010

ALBION

$390

$415

4017

BRACKEN RIDGE

$380

141

$380

132

4011

CLAYFIELD

$355

131

$350

125

4018

FITZGIBBON

$390

4012

NUNDAH

$375

220

$375

190

4032

CHERMSIDE

$400

$395

4030

LUTWYCHE

$340

125

$340

134

4034

ASPLEY

$390

133

$390

118

4031

GORDON PARK

$330

$320

4036

BALD HILLS

$365

$355

4051

ALDERLEY

$340

140

$350

130

NORTH WEST - INNER

$500

121

$500

108

NORTH - OUTER

$350

241

$340

254

4059

KELVIN GROVE

$500

$550

4013

NORTHGATE

$300

$285

4060

ASHGROVE

$475

$450

4014

VIRGINIA

$275

$335

4065

BARDON

$500

4017

BRACKEN RIDGE

$300

$270

NORTH WEST - OUTER

$420

220

$400

237

4018

FITZGIBBON

$330

$335

4053

STAFFORD

$415

139

$400

144

4032

CHERMSIDE

$375

102

$350

111

4054

ARANA HILLS

$400

4034

ASPLEY

$350

4061

THE GAP

$460

$435

NORTH WEST - INNER

$400

156

$399

177

SOUTH - INNER

$425

320

$415

355

4059

KELVIN GROVE

$430

106

$400

126

4103

ANNERLEY

$450

$455

4060

ASHGROVE

$380

$425

4104

YERONGA

$440

$450

4065

BARDON

$300

$350

4105

MOOROOKA

$420

$400

NORTH WEST - OUTER

$370

103

4120

GREENSLOPES

$450

STAFFORD

$370

$390

4121

HOLLAND PARK

$430

$425

SOUTH - INNER

$365

444

$350

437

4122

MANSFIELD

$400

129

$400

137

4103

ANNERLEY

$350

113

$345

SOUTH - OUTER

$380

371

$380

312

4104

YERONGA

$370

$350

4106

ROCKLEA

$360

$365

4105

MOOROOKA

$350

4107

SALISBURY

$395

$390

4120

GREENSLOPES

$370

104

$360

4108

COOPERS PLAINS

$380

$355

4121

HOLLAND PARK

$340

4109

MACGREGOR

$400

107

$395

4122

MANSFIELD

$390

$385

4110

ACACIA RIDGE

$340

RENTAL MARKET - 2 BED UNITS

4053

SEPTEMBER QUARTER 2014

BRISBANE MARKET UPDATES

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

RENTAL MARKET - 3 BED TOWNHOUSES

SEP-14 $/WEEK

LOCALITYL

SEP-13

NEW BONDS $/WEEK

NEW BONDS

POST CODE

SEP-14 LOCALITYL

$/WEEK

SEP-13

NEW BONDS $/WEEK

NEW BONDS

SOUTH - OUTER

$320

BRISBANE CITY

$405

1653

$405

1495

4106

ROCKLEA

$250

$275

BAYSIDE

$400

$390

110

4108

COOPERS PLAINS

$250

$320

4178

WYNNUM

$400

$390

4109

MACGREGOR

$390

$350

4179

MANLY

$390

4110

ACACIA RIDGE

$310

N.A.

CITY INNER

$600

4113

EIGHT MILE PLAINS

$340

N.A.

4006

BOWEN HILLS

$625

4115

ALGESTER

$300

N.A.

4064

PADDINGTON

$600

10 12

SOUTH EAST - INNER

$380

387

$370

394

4066

TOOWONG

$550

$560

4151

COORPAROO

$360

152

$365

160

4067

ST LUCIA

$575

$620

4152

CAMP HILL

$360

$350

4101

WEST END

$750

$690

4170

CANNON HILL

$395

$360

4169

EAST BRISBANE

$550

$490

4171

BALMORAL

$435

114

$410

107

NORTH - INNER

$470

$475

SOUTH WEST - INNER

$370

251

$385

264

ASCOT

$550

$590

4068

CHELMER

$375

212

$390

220

4011

CLAYFIELD

$500

4075

CORINDA

$335

$350

4012

NUNDAH

$450

$460

SOUTH WEST - OUTER

$325

$330

4030

LUTWYCHE

$495

$450

4076

DARRA

$250

4078

FOREST LAKE

$335

N.A. $335

DID YOU KNOW?

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

4007

4031

GORDON PARK

$450

$465

4051

ALDERLEY

$450

$480

NORTH - OUTER

$380

236

$385

173

4013

NORTHGATE

$410

$475

4017

BRACKEN RIDGE

$365

4018

FITZGIBBON

$296

$375

4032

CHERMSIDE

$430

$425

4034

ASPLEY

$395

$385

4036

BALD HILLS

$294

$280

NORTH WEST - INNER

$500

$560

KELVIN GROVE

$500

$599

NORTH WEST - OUTER

$425

$410

4053

STAFFORD

$425

$410

4054

ARANA HILLS

$400

$370

SOUTH - INNER

$440

155

$435

138

ANNERLEY

$490

$500

4059

4103 4104

YERONGA

$480

$460

4105

MOOROOKA

$450

$400

4120

GREENSLOPES

$495

$475

4121

HOLLAND PARK

$460

$430

4122

MANSFIELD

$420

$415

SOUTH - OUTER

$390

396

$390

348

SALISBURY

$495

$410

7 66

4107

Brisbane’s house market continues to lead the rest of the state out of the recovery stage

10 QUEENSLAND MARKET MONITOR

4109

MACGREGOR

$405

$410

4110

ACACIA RIDGE

$340

$335

4112

KURABY

$380

$365

4113

EIGHT MILE PLAINS

$400

149

$400

136

4115

ALGESTER

$380

4116

CALAMVALE

$385

$380

SOUTH EAST - INNER

$485

209

$480

200

4151

COORPAROO

$495

$500

4152

CAMP HILL

$450

4170

CANNON HILL

$500

4171

BALMORAL

$540

$600

4172

MURARRIE

$475

$485

SOUTH EAST - OUTER

$410

$415

4153

BELMONT

$420

$430

4154

GUMDALE

$410

4173

TINGALPA

$385

$390

SOUTH WEST - INNER

$420

4068

CHELMER

$485

$500

4075

CORINDA

$400

SOUTH WEST - OUTER

$360

202

$350

184

4073

SEVENTEEN MILE ROCKS

$400

$410

4074

JINDALEE

$435

$400

4076

DARRA

$375

4077

DOOLANDELLA

$355

103

$350

N.A.

117

4078

FOREST LAKE

$355

BRISBANE MARKET UPDATES

GREATER BRISBANE

While Brisbane Cityâ&#x20AC;&#x2122;s residential market continues to strengthen, so too do the outer lying areas of Greater Brisbane. Buyers are looking to the outer areas for affordability reasons but also for lifestyle reasons. Redland City is leading the way with the strongest growth in median sale prices compared to five years ago, while Logan and Moreton Bay are leading the way in terms of sales activity. Ipswich is a tad behind the three other regions, but it too is moving into a rising market with preliminary sales volumes also improving over the quarter. Many of the outer lying areas are seeing improved infrastructure projects going ahead, such as the Kippa-Ring rail extension in Redcliffe, which will continue to support the increasing population in the region. And while interstate migration sits at historical lows, many market commentators are tipping this will turn around on the back of increasing house prices in Sydney and Melbourne. HOUSE MARKET

BRISBANE HOUSE MARKETS September Qtr 2014

Brisbane Redland Logan Moreton Bay Ipswich

RISING

RECOVERING

FALLING

STABILISING

Source: REIQ

For example, Redlands unitsHOUSE are averaging QUEENSLAND MARKETS 5.3 per cent, compared to 5.7 per cent for house September Qtr 2014sales. Overall sales volumes are trending upwards and Logan Brisbane City leading theSDway,RISING with an increase of 41 per cent over FALLING Toowoomba the quarter and a healthy 4.8 per cent increase in median Gold Coast sale price. Sunsine Coast Cairns

Over the September quarter, all LGAs within the Brisbane surrounds recorded an increase in preliminary sales numbers. Median house prices remained relatively stable or softened in some areas due to an increase in activity at the affordable end of the market.

Over the year to September, the Ipswich unit market was the star performer with an increase of 14.6 per cent compared to the previous year and up 9.8 per cent Fraser Coast RECOVERING STABILISING compared to five years ago. Townsville

Preliminary sales numbers in the sub-$350,000 and sub-$500,000 price points were up 10 and nine per cent respectively, while the upper two price points saw only marginal increases since the end of June.

With affordability a key driver of tenant demand, the Source: REIQ Greater Brisbane rental market continues to see strong tenant enquiry as more look to the outer suburbs to achieve cheaper rent or more for their money.

Average days on market and average vendor discounting for the greater Brisbane area both improved slightly over the three months to September. Redland was the fastest selling region with an average of just 70 days. Market conditions are leaning more in favour of sellers in Moreton Bay, where the average vendor discount is 5.4 per cent, up from 6.8 per cent 12 months ago.

As a result, vacancy levels have tightened further with the Brisbane Statistical Division recording a drop of 0.3 percentage points to two per cent at the end of September. It has now returned to the same level recorded at the end of September last year.

Despite recording the longest days on market and vendor discount for the greater Brisbane area, the Ipswich property market is set to be vastly benefited from improved infrastructure. These include rail upgrades for the Southwest rail transport corridor identified by the new Brisbane City Plan. UNIT MARKET

The unit and townhouse market for the Brisbane surrounds is still somewhat behind the house market, with days on market up around the 100-day mark. Average vendor discounting in some regions is better than that those for house sales.

RENTAL MARKET Gladstone

Mackay

Bundaberg Rockhampton

The vacancy level for the greater Brisbane area, excluding the Brisbane City LGA, also returned to that recorded 12 months ago, to a 1.7 per cent vacancy rate. Ipswich and Logan both recorded the largest drop in its vacancy rate, down 1.4 percentage points compared to the end of June, placing both regions into tight market conditions. Over the September quarter, median weekly rents from the RTA show modest changes across the Greater Brisbane regions, with the exception of two bedroom flats in Redland, which saw an increase of $35 to $310 per week.

SEPTEMBER QUARTER 2014

BRISBANE MARKET UPDATES

SALES MARKET - HOUSES SUBURB

NUMBER OF SALES

SALES MARKET - HOUSES (CONT’D) MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

SUBURB

NUMBER OF SALES

MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

BRISBANE (SD)

6,432

$465,500

-1.0%

$470,000

6.8%

13.4%

SPRINGWOOD

$435,000

3.6%

$438,000

9.5%

BRISBANE (SD) ^

519

$550,000

1.9%

$560,000

4.7%

TANAH MERAH

$388,000

2.1%

$395,000

9.7%

-1.0%

UNDERWOOD

$482,000

-2.6%

$478,250

6.3%

21.8%

IPSWICH CITY (LGA)

568

$300,000

0.0%

$306,000

3.2%

-2.9%

WATERFORD

$352,500

N/A

$355,000

5.3%

-10.7%

IPSWICH CITY (LGA) ^ ~

$435,000

-8.7%

$455,000

5.8%

2.2%

WATERFORD WEST

$340,500

8.4%

$314,000

11.3%

-1.7%

AUGUSTINE HEIGHTS ~ *

$480,000

-11.9%

$486,250

-3.7%

-10.0%

WINDAROO

$430,000

N/A

$417,000

10.5%

7.6%

BELLBIRD PARK ~

$287,620

-10.2%

$311,200

-5.1%

-5.7%

WOODRIDGE

$268,500

1.3%

$260,000

10.6%

-2.6%

BOOVAL

$258,888

N/A

$260,000

0.0%

-3.7%

YARRABILBA

N/A

$396,500

N/A

N/A 4.0%

BRASSALL ~

$324,000

13.2%

$315,000

1.6%

-4.0%

BUNDAMBA ~ *

$250,500

-15.4%

$275,000

3.4%

-3.5%

MORETON BAY (LGA)

1,275

$382,250

-1.4%

$390,000

4.0%

CAMIRA

$335,000

-3.5%

$332,320

2.3%

-0.8%

MORETON BAY (LGA) ^

189

$557,500

2.3%

$560,000

3.7%

1.8%

COLLINGWOOD PARK

$302,500

-3.5%

$305,000

2.0%

-6.9%

ALBANY CREEK

$505,000

8.7%

$500,000

3.7%

5.8%

EAST IPSWICH ~

N/A

$240,000

-2.4%

-13.0%

ARANA HILLS

$457,750

-6.6%

$455,755

3.3%

6.0%

EASTERN HEIGHTS

$275,000

-5.2%

$272,500

11.2%

-0.9%

BANKSIA BEACH

$502,500

7.6%

$466,000

1.3%

-0.5%

FLINDERS VIEW ~

$394,250

11.1%

$357,500

10.2%

-7.7%

BEACHMERE

$330,000

9.6%

$317,500

12.2%

-3.8%

GOODNA

$285,000

8.6%

$280,000

4.7%

-5.1%

BELLARA

$328,000

N/A

$328,000

0.9%

0.2%

IPSWICH ~

N/A

$263,000

-6.1%

-20.8%

BELLMERE

$335,000

6.3%

$325,000

-0.9%

-8.8%

KARALEE ^

$465,000

N/A

$510,000

4.1%

10.2%

BONGAREE ~

$350,000

-18.6%

$397,500

9.7%

6.0%

LEICHHARDT ~

$206,000

-8.0%

$215,000

10.3%

-12.2%

BRAY PARK

$370,000

2.1%

$365,000

7.4%

0.6%

NEWTOWN

N/A

$313,500

8.5%

-2.9%

BUNYA ^

N/A

$726,000

N/A

NORTH BOOVAL ~

N/A

$230,000

-3.0%

-15.6%

BURPENGARY

$360,000

-2.2%

$357,000

5.0%

-0.1%

NORTH IPSWICH ~

$295,000

11.1%

$253,100

12.5%

-9.9%

BURPENGARY ^

$545,000

0.0%

$530,000

1.9%

1.0%

ONE MILE

$250,000

N/A

$230,000

4.5%

-6.1%

BURPENGARY EAST

N/A

$397,000

N/A

RACEVIEW

$306,500

2.2%

$303,000

4.5%

-2.3%

BURPENGARY EAST ^

N/A

$530,000

8.2%

6.0%

REDBANK PLAINS

$277,000

-6.1%

$295,000

4.2%

-4.8%

CABOOLTURE

$278,500

-2.3%

$287,000

4.4%

-4.2%

RIVERVIEW

N/A

$235,000

N/A

-6.9%

CABOOLTURE ^

$465,000

-1.3%

$451,000

2.5%

-0.2%

ROSEWOOD

$271,250

N/A

$260,000

4.0%

2.0%

CABOOLTURE SOUTH ~

$300,000

16.1%

$275,000

9.6%

-3.5%

SILKSTONE

$250,000

5.9%

$265,000

6.0%

-3.6%

CASHMERE

$650,000

N/A

$617,125

7.7%

10.2%

SPRINGFIELD

$388,000

3.1%

$378,000

1.1%

1.7%

CLONTARF

$389,000

2.6%

$375,000

11.9%

4.3%

SPRINGFIELD LAKES

$410,000

1.9%

$395,000

4.4%

0.8%

DAKABIN

N/A

$425,000

N/A

TIVOLI

N/A

$250,000

N/A

-5.7%

DECEPTION BAY

$305,000

0.8%

$300,000

5.6%

-5.4%

WOODEND

N/A

$307,000

7.7%

6.0%

EATONS HILL

$548,000

5.8%

$534,000

4.1%

5.5%

YAMANTO

$395,000

4.6%

$350,000

4.5%

1.2%

ELIMBAH ^

N/A

$480,000

0.0%

-3.0%

EVERTON HILLS

$468,500

-5.7%

$485,000

6.8%

14.4%

LOGAN CITY (LGA)

818

$341,000

-0.9%

$345,000

4.5%

1.4%

FERNY HILLS

$460,000

-1.5%

$463,500

4.2%

9.1%

LOGAN CITY (LGA) ^

157

$510,000

5.3%

$510,000

6.3%

3.0%

GRIFFIN

N/A

$432,500

6.5%

8.8%

BEENLEIGH

$281,500

-1.9%

$290,000

1.9%

-9.9%

KALLANGUR

$352,000

4.6%

$341,000

6.6%

-1.9%

BERRINBA

N/A

$410,000

N/A

6.8%

KIPPA-RING

$370,000

-4.8%

$375,000

7.1%

3.3%

BETHANIA

$293,500

6.7%

$282,250

-1.0%

-9.0%

LAWNTON

$352,000

N/A

$338,500

2.3%

-0.4%

BORONIA HEIGHTS

$320,000

-2.3%

$315,000

3.3%

1.0%

MANGO HILL

$457,387

2.3%

$435,500

2.1%

-3.2%

BROWNS PLAINS ~

$323,051

11.8%

$304,500

1.5%

-4.1%

MARGATE

$385,000

-5.2%

$375,000

7.4%

6.4%

CEDAR GROVE ^

N/A

$425,000

7.6%

1.2%

MORAYFIELD

$315,450

1.8%

$310,000

6.7%

-6.1%

CEDAR VALE ^

N/A

$430,000

0.8%

3.2%

MORAYFIELD ^

$521,250

3.7%

$520,000

7.2%

-0.5%

CORNUBIA ~

$512,000

10.7%

$470,000

3.3%

3.9%

MURRUMBA DOWNS

$439,500

-5.1%

$450,000

5.9%

8.4%

CRESTMEAD

$297,500

6.3%

$290,000

5.4%

-4.9%

NARANGBA

$403,500

1.5%

$420,000

0.7%

-1.1%

DAISY HILL ~

$430,500

-8.4%

$431,500

11.8%

12.1%

NEWPORT

$792,500

N/A

$810,000

12.1%

4.2%

EAGLEBY

$245,000

-2.6%

$255,000

2.6%

-10.8%

NINGI

$316,000

N/A

$352,000

4.7%

14.3%

EDENS LANDING ~

$320,000

-7.8%

$340,000

1.8%

-3.5%

NINGI ^

N/A

$480,000

1.9%

-0.1%

FORESTDALE ^

N/A

$645,000

-0.4%

10.3%

NORTH LAKES

108

$438,000

-2.7%

$449,250

3.3%

2.1%

GREENBANK ^

$539,000

-0.1%

$517,500

2.6%

1.1%

PETRIE

$369,500

2.4%

$370,000

4.5%

-0.1%

HERITAGE PARK

$407,000

-5.5%

$406,500

8.4%

4.2%

REDCLIFFE

$383,000

2.3%

$377,000

10.9%

7.4%

HILLCREST

$329,600

8.8%

$320,100

0.4%

-3.1%

ROTHWELL

$391,000

5.0%

$385,000

8.5%

2.7%

JIMBOOMBA

$327,250

N/A

$361,000

-4.7%

-5.0%

SAMFORD VALLEY ^

$861,250

N/A

$861,250

8.3%

11.1%

JIMBOOMBA ^

$437,250

-3.9%

$460,000

2.2%

3.1%

SANDSTONE POINT

N/A

$370,000

0.3%

-5.1%

KINGSTON

$267,000

-4.3%

$265,000

10.4%

-5.7%

SCARBOROUGH ~ f

$490,000

13.3%

$479,500

15.5%

16.7%

LOGAN CENTRAL

$268,500

-0.6%

$264,000

10.0%

-2.9%

STRATHPINE ~

$330,000

-13.2%

$355,000

8.9%

2.9% -7.4%

LOGAN RESERVE

N/A

$339,000

N/A

UPPER CABOOLTURE

N/A

$315,000

-0.3%

LOGAN VILLAGE ^

N/A

$495,000

6.5%

0.5%

UPPER CABOOLTURE ^

N/A

$507,500

2.5%

N/A

LOGANHOLME

$358,500

1.6%

$358,000

0.0%

3.8%

WAMURAN ^

$520,000

N/A

$488,750

5.4%

-0.3%

LOGANLEA

$325,000

7.4%

$308,500

7.4%

1.1%

WARNER

$476,750

0.4%

$470,000

2.2%

5.6%

MARSDEN

$307,350

-6.7%

$312,000

6.1%

-1.0%

WARNER ^

N/A

$690,000

N/A

MEADOWBROOK

$372,500

N/A

$370,000

3.9%

-4.1%

WOODY POINT

$420,000

9.4%

$387,500

2.5%

5.3%

MOUNT WARREN PARK

$358,000

6.1%

$340,000

1.9%

-1.4%

WOORIM

N/A

$400,000

-3.6%

-7.0% 5.7%

MUNRUBEN ^

N/A

$515,000

4.0%

6.2%

NEW BEITH ^

$538,500

-4.2%

$555,250

6.8%

2.6%

REDLAND (LGA)

488

$468,000

-0.2%

$465,000

3.3%

REGENTS PARK

$365,000

-1.7%

$354,000

1.1%

-0.3%

REDLAND (LGA) ^ ~

$802,000

-3.4%

$795,000

6.0%

1.9%

ROCHEDALE SOUTH

$430,000

3.6%

$425,000

4.9%

9.0%

ALEXANDRA HILLS

$406,000

-0.9%

$410,000

5.1%

3.8%

SHAILER PARK

$477,500

-3.0%

$478,500

5.7%

6.3%

BIRKDALE

$492,250

2.6%

$481,250

4.6%

8.1%

SLACKS CREEK ~

$316,000

10.9%

$295,000

6.8%

-1.3%

CAPALABA

$421,000

-4.3%

$425,000

4.9%

6.5%

12 QUEENSLAND MARKET MONITOR

BRISBANE MARKET UPDATES

SALES MARKET - HOUSES (CONT’D) SUBURB

NUMBER OF SALES

MEDIAN SALE

QTRLY CHANGE

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

1YR 5YR CHANGE CHANGE

NUMBER OF SALES

SUBURB

MEDIAN SALE

ANNUAL MEDIAN SALE

QTRLY CHANGE

1YR 5YR CHANGE CHANGE

CAPALABA ^

N/A

$830,000

2.5%

9.9%

MORETON BAY (LGA)

319

$319,450

-0.2%

$330,000

6.5%

3.6%

CLEVELAND

$504,500

5.7%

$513,500

2.5%

3.8%

ARANA HILLS

N/A

$350,000

-8.1%

2.9%

COOCHIEMUDLO ISLAND

N/A

$297,500

N/A

BANKSIA BEACH

N/A

$357,000

4.5%

-6.1%

MACLEAY ISLAND ~

$205,000

3.0%

$205,000

-6.8%

-14.6%

BONGAREE

$270,000

N/A

$289,500

0.7%

-7.7%

MOUNT COTTON ~

$429,000

-7.7%

$469,000

2.3%

3.1%

BRENDALE ~ t

$274,500

-0.2%

$320,000

20.8%

14.3%

ORMISTON

$557,500

2.3%

$549,000

-6.2%

-2.8%

BURPENGARY

N/A

$270,000

N/A

-3.6%

REDLAND BAY

$499,000

-4.2%

$499,000

5.6%

3.4%

CABOOLTURE ~ t

$145,000

-47.3%

$199,500

-13.3%

-31.2%

RUSSELL ISLAND ~

$170,000

15.3%

$175,000

-4.2%

-23.9%

CLONTARF *

$436,250

N/A

$431,000

28.7%

23.3%

THORNESIDE

$444,000

-5.5%

$437,500

8.3%

7.2%

DECEPTION BAY ~ t

$311,900

41.8%

$269,000

3.5%

3.9%

THORNLANDS

$500,250

-0.9%

$511,585

0.3%

-1.7%

GRIFFIN

N/A

$354,000

0.4%

N/A

VICTORIA POINT

$472,500

1.6%

$467,725

3.9%

KALLANGUR

$331,000

7.4%

$329,000

13.4%

0.2%

WELLINGTON POINT

$517,500

1.5%

$520,000

2.0%

4.0%

KIPPA-RING

N/A

$266,500

9.0%

-20.0%

SURROUNDS

LAWNTON

$237,000

N/A

$220,000

8.6%

-14.4%

MANGO HILL

N/A

$355,000

0.0%

N/A

LOCKYER VALLEY (LGA)

$248,750

1.5%

$245,500

2.3%

-6.4%

MARGATE ~

N/A

$372,500

20.6%

-2.0%

LOCKYER VALLEY (LGA) ^

$330,000

1.1%

$340,000

3.7%

3.0%

MURRUMBA DOWNS

$349,000

N/A

$351,450

0.4%

13.7%

GATTON

$255,750

1.6%

$258,500

3.4%

-7.3%

NORTH LAKES

$359,000

0.0%

$359,000

0.8%

N/A

KENSINGTON GROVE ^

N/A

$361,500

15.9%

1.4%

REDCLIFFE ~

$316,000

-7.1%

$345,000

-1.4%

0.0%

LAIDLEY ~

N/A

$212,500

-3.4%

-15.2%

ROTHWELL

N/A

$292,500

N/A

-8.2%

LAIDLEY HEIGHTS ^

$290,000

N/A

SCARBOROUGH

$410,000

8.6%

$390,000

4.0%

-1.3%

PLAINLAND ^

N/A

$343,000

5.5%

8.9%

STRATHPINE

N/A

$254,750

3.1%

-9.3%

REGENCY DOWNS ^

N/A

$305,000

4.5%

-4.7%

WOODY POINT

$297,500

N/A

$317,500

-9.3%

-13.5%

WITHCOTT ^

N/A

$361,250

0.6%

12.9%

SCENIC RIM (LGA) ~

$336,250

-5.3%

$350,000

2.9%

REDLAND CITY (LGA)

$356,750

6.5%

$350,000

4.5%

3.9%

CAPALABA ~ t

$275,000

-15.0%

$312,000

8.3%

3.1%

SCENIC RIM (LGA) ^ ~

$515,000

8.2%

$480,000

10.3%

6.7%

CLEVELAND ~

$400,000

-5.9%

$415,000

18.6%

1.2%

BEAUDESERT

$324,500

4.7%

$318,750

4.5%

7.1%

ORMISTON

$365,000

N/A

$350,000

-9.0%

4.9%

N/A

$311,000

14.3%

1.0%

10 $355,000 $350,000 BRISBANE CITY HOUSEN/A SALES (p)

13.8%

7.9%

BOONAH

N/A

$270,000

1.9%

-3.6%

THORNESIDE

KOORALBYN ^

N/A

$315,000

1.0%

-3.1%

VICTORIA POINT

TAMBORINE ^ ~

$550,000

11.7%

$532,500

8.1%

10.9%

TAMBORINE MOUNTAIN

$450,000

7.8%

$435,000

11.0%

-1.1%

TAMBORINE MOUNTAIN ^

N/A

$585,000

-9.9%

N/A

SOMERSET (LGA)

$259,500

-1.1%

$254,000

5.8%

3.7%

SOMERSET (LGA) ^

$382,500

-1.9%

$379,500

11.6%

10.0%

ESK

N/A

$238,000

N/A

FERNVALE

N/A

$337,000

N/A

-2.6%

KILCOY ~

N/A

$238,000

N/A

-11.9%

LOWOOD ~

N/A

$258,000

-14.0%

9.8%

LOWOOD ^

N/A

$323,750

N/A

6.1%

TOOGOOLAWAH

N/A

$206,500

N/A

8.4%

JUN 14

770 166

2,716

$384,900

-1.3%

$390,000

4.0%

<$350,000

$242,000

-16.5%

$288,700

14.6%

9.8%

N/A

$248,000

N/A

-10.5%

BUNDAMBA

N/A

$290,000

N/A

GOODNA * t

$310,000

0.0%

$310,000

N/A

31.9%

REDBANK PLAINS * t

N/A

$219,000

-14.3%

-22.5%

263

$241,000

4.8%

$248,000

-4.2%

-5.3%

BEENLEIGH ~ t

$190,000

12.4%

$176,700

-1.8%

-25.0%

BORONIA HEIGHTS

N/A

$200,000

N/A

EAGLEBY * t

$210,000

N/A

$260,000

-13.6%

-14.0%

HILLCREST

N/A

$216,250

N/A

KINGSTON

$310,000

N/A

$295,000

N/A

0.0%

LOGAN CENTRAL

N/A

$170,000

5.3%

-11.6%

MARSDEN

$334,000

N/A

$330,000

-0.3%

-5.7%

MEADOWBROOK

N/A

$252,000

N/A

-12.7%

MOUNT WARREN PARK

N/A

$197,500

N/A

-10.2%

ROCHEDALE SOUTH

N/A

$270,500

2.7%

-3.4%

SHAILER PARK

$259,000

N/A

$263,000

-4.4%

-10.1%

SLACKS CREEK

$205,000

-2.8%

$200,000

5.3%

-16.3%

SPRINGWOOD

N/A

$260,500

5.5%

-7.0%

UNDERWOOD

$377,000

N/A

$380,000

-1.2%

4.4%

WATERFORD WEST

N/A

$195,000

N/A

-12.8%

WOODRIDGE

$183,000

-1.5%

$182,000

4.0%

-11.2%

$500,000+

$1m+

(p) Prelimin Source: REI

JUN 14 SEP 14 1256 1157 860 875

1272

480508 472 454

363 384 57

LOGAN CITY (LGA)

$350,000+

274

BRISBANE SURROUNDS HOUSE SALES (p) INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND BRISBANE CITY SALES JUN 14 UNITSEP 14 (p) 1154

IPSWICH CITY (LGA) ~ t

235

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

8.3%

BRASSALL

784

161

SALES MARKET - UNITS & TOWNHOUSES BRISBANE (SD)

SEP 14 1840 1900

18 45

<$350,000

$350,000+

$500,000+

21 54

$1m+

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

$1m+

GOLD COAST HOUSE SALES (p) BRISBANE SURROUNDS UNIT SALES (p) JUN 14 JUN575 14 282 480

(p) Prelimi< Source: RE (p) Prelimina Source: REIQ

SEP 14 SEP 14 548 516

INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND

260

197

<$350,000

111

132 46

$350,000+

$500,000+

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

101

84 5

$1m+

SUNSHINE COAST & NOOSA HOUSE SALES (p) GOLD COAST UNIT SALES (p)

JUN 14 SEP 14 JUN 14 443 SEP 14 SEPTEMBER QUARTER 2014 440 373 560

(p) Prelimin < Source: RE (p) Prelimina Source: REIQ

BRISBANE MARKET UPDATES

SALES MARKET - VACANT LAND NUMBER OF SALES

SUBURB

MEDIAN SALE

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

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

NUMBER OF SALES

SUBURB

MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

BRISBANE (SD)

590

$215,000

-0.3%

$215,000

4.9%

1.2%

REDLAND CITY (LGA) ~ B

124

$51,000

-27.1%

$233,000

275.8% -2.1%

BRISBANE (SD) ^

$273,000

1.1%

$265,000

-0.6%

3.9%

BIRKDALE

N/A

$310,397

N/A

3.5%

CLEVELAND

N/A

$300,000

N/A

-2.9%

IPSWICH CITY (LGA)

$168,177

-3.9%

$179,000

3.5%

5.3%

MACLEAY ISLAND ~

$33,500

11.7%

$28,000

-3.4%

-53.3%

IPSWICH CITY (LGA) ^

$244,500

N/A

$249,000

N/A

4.4%

MOUNT COTTON

N/A

$262,000

4.8%

6.9%

AUGUSTINE HEIGHTS ~

N/A

$243,700

18.3%

9.7%

REDLAND BAY

$285,000

N/A

$285,000

8.0%

7.5%

BELLBIRD PARK

N/A

$197,000

6.5%

N/A

RUSSELL ISLAND ~

$20,000

0.0%

$20,000

0.0%

-55.6%

BRASSALL

N/A

$180,000

5.9%

3.3%

THORNLANDS ~

$299,000

8.7%

$298,000

9.6%

20.2%

BUNDAMBA

N/A

$169,950

11.1%

4.4%

WELLINGTON POINT

N/A

$353,738

7.2%

5.6%

-13.0%

DEEBING HEIGHTS

N/A

$164,225

9.5%

N/A

GOODNA ~

N/A

$170,000

-8.1%

0.0%

SURROUNDS

KARALEE ^

N/A

$255,000

N/A

LOCKYER VALLEY (LGA)

$100,000

0.0%

$100,000

N/A

LEICHHARDT

N/A

$167,500

N/A

LOCKYER VALLEY (LGA) ^

$127,500

2.0%

$129,500

12.6%

-1.9%

RACEVIEW

N/A

$172,000

5.5%

4.2%

LAIDLEY NORTH

$100,000

0.0%

$100,000

0.0%

N/A

WITHCOTT ^

N/A

$148,000

N/A

N/A -3.5%

REDBANK PLAINS

$165,000

N/A

$141,000

-1.0%

-16.6%

SPRINGFIELD LAKES ~

$152,000

-5.0%

$188,000

7.4%

12.6% SCENIC RIM (LGA)

N/A

$179,500

0.0%

LOGAN CITY (LGA) ~

$188,000

-3.6%

$176,000

-9.7%

-14.1%

SCENIC RIM (LGA) ^

N/A

$230,000

N/A

38.6%

LOGAN CITY (LGA) ^

$280,000

6.1%

$260,000

5.1%

13.5%

GLENEAGLE

N/A

$178,500

-0.6%

6.0%

BUCCAN ^

$290,000

N/A

$295,000

N/A

CORNUBIA

N/A

$345,000

1.5%

N/A

SOMERSET (LGA)

N/A

$135,000

0.0%

3.9%

HOLMVIEW ~ *

N/A

$166,850

-9.7%

-20.5%

FERNVALE

N/A

$145,000

5.1%

10.3%

JIMBOOMBA

$185,000

N/A

$177,000

1.1%

N/A

JIMBOOMBA ^

N/A

$227,750

10.7%

20.5%

RENTAL MARKET - 3 BED HOUSES

LOGAN RESERVE ~

$138,000

-8.8%

$155,000

0.0%

N/A

LOGAN VILLAGE

N/A

$249,000

N/A

POST

MARSDEN

N/A

$182,500

-1.4%

-3.4%

CODE

NEW BEITH ^

N/A

$274,000

5.4%

13.2%

UNDERWOOD

N/A

$370,000

2.8%

13.8%

WATERFORD ~

$170,000

-10.5%

$175,500

-3.6%

YARRABILBA

N/A

$150,500

-1.1%

SEP-14 $/WEEK

LOCALITYL

SEP-13

NEW BONDS $/WEEK

NEW BONDS

IPSWICH CITY

$300

797

$295

782

4300

AUGUSTINE HEIGHTS

$340

217

$330

201

-2.0%

4301

COLLINGWOOD PARK

$310

119

$300

N/A

4303

DINMORE

$270

4304

BLACKSTONE

$280

MORETON BAY (LGA)

140

$210,825

-1.9%

$214,180

4.5%

4305

BASIN POCKET

$280

273

$275

286

MORETON BAY (LGA) ^

$272,000

4.6%

$265,000

-3.6%

-7.0%

4306

AMBERLEY

$330

$299

BANKSIA BEACH

N/A

$422,500

-1.7%

-8.2%

4340

ASHWELL

$265

$300

BRAY PARK

N/A

$204,500

1.7%

-7.0%

LOGAN CITY

$340

980

$335

928

BURPENGARY

N/A

$212,900

1.4%

N/A

4114

KINGSTON

$315

177

$315

149

CABOOLTURE ~

$187,000

8.4%

$175,250

-2.6%

-5.3%

4117

BERRINBA

$340

CABOOLTURE ^

N/A

$255,000

-1.9%

N/A

LAND$340

4118

BROWNS PLAINS

$340

106

$340

D'AGUILAR

N/A

$161,000

N/A

4119

UNDERWOOD

$375

1.5%

N/A

4123

TOOWOOMBA PRIESTS GULLY

$395

$380

4.4%

5.7%

4124

BORONIA HEIGHTS

18 $200,500 N/A $200,000 BRISBANE CITY LAND SALES (p)

DAKABIN GRIFFIN

MANGO HILL

NINGI ~ * NORTH LAKES ~ *

0.2%

JUN 14 SEP 14 11 $218,000 -3.1% 57 6 N/A N/A 49 6 N/A 40 40 N/A

MORAYFIELD NARANGBA

$214,525

N/A

$214,025

-2.9%

4125

MUNRUBEN

$430

$400

-9.5%

4127

CHATSWOOD HILLS

$360

103

$350

102

$206,105

3.8%

-7.5%

4128

KIMBERLEY PARK

$385

$375

$184,900 31

N/A

-18.1%

4129

LOGANDALE

$355

$350

24 11.9%

16.9%

4130

24 CARBROOK

$385

$370

$234,910

N/A

$235,000

N/A

-4.1%

4131

LOGANLEA

$222,000

-3.0%

$225,500

0.2%

-0.7%

4132

CRESTMEAD

4133

CHAMBERS FLAT

4205

BETHANIA <$250,000

$350,000+

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

$500,000+

SEP 14

341

<$250,000

$250,000+

$350,000+

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

GOLD COAST LAND SALES (p) JUN 14 88

SEP 14

$350

$330 $250,000+

JIMBOOMBA

$400

$325

4$325

$350

$310 $350,000+

195

$320

170

$395

$330

1108

$350

101

$340

$500,000+

$340 FRASER COAST LAND SALES1059 (p)

4019

CLONTARF

4020

NEWPORT

4021

KIPPA-RING 57

$350

4022

ROTHWELL

$320

4035

ALBANY CREEK

$400

$410

4055

BUNYA

$410

4500

BRAY PARK

$350

4501

LAWNTON

$330

$340

4502

FRENCHS FOREST

$350

4503

DAKABIN

$350

107

$350

101

4504

NARANGBA

$320

$330

$312

$290

$320

$300

JUN 14

<$250,000

$360

SEP 14 $360

$250,000+

(p) Preliminary. See explanatory notes for further information. Source: provided by RP Data. 4505REIQ, data BURPENGARY $340

4506

MOORINA

4507

BANKSIA BEACH

4508

DECEPTION BAY

102

14 QUEENSLAND MARKET MONITOR

MORETON BAY REGIONAL

Includes IPSWICH, LOGAN, MORETON BAY & REDLAND

$350

3$325

(p) Preliminary. See explanatory notes for further information. 4207 ALBERTON $330 Source: REIQ, data provided by RP Data.

4280

BRISBANE SURROUNDS LAND SALES (p)

6.0%

JUN 14

$325

0.0%

379

SEP 14

$228,000

WAMURAN ^

$250,000+

$350

$172,000

WARNER

<$250,000

JUN 14

LAND $380 SALES43(p)

$295

JUN 14

$305 SEP 14

0$350

$350,000+

BUNDABERG LAND SALES (p) $335 44

49 40

106

(p) Preliminary. See Source: REIQ, data

(p) Preliminary. Se Source: REIQ, data

BRISBANE MARKET UPDATES

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

RENTAL MARKET - 2 BED UNITS (CONT’D)

SEP-14

SEP-13

CODE

LOCALITYL

$/WEEK

NEW BONDS $/WEEK

NEW BONDS

4509

MANGO HILL

$380

$370

4510

BALINGOOL

$285

162

$280

143

4511

GODWIN BEACH

$335

$300

4514

BELLTHORPE

$300

4520

ARMSTRONG CREEK

$450

$400

4521

CAMPBELLS POCKET

$410

$340

POST CODE

SEP-14 LOCALITYL

$/WEEK

SEP-13

NEW BONDS $/WEEK

NEW BONDS

LOCKYER VALLEY REGIONAL

$200

$210

ADARE

$225

$240

SCENIC RIM REGIONAL

$220

$200

4272

MOUNT TAMBORINE

$275

N.A.

4285

ALLENVIEW

$210

$200

105

4343

RENTAL MARKET - 3 BED TOWNHOUSES

REDLAND CITY

$380

361

$380

383

4157

CAPALABA

$400

$385

IPSWICH CITY

$310

142

$305

4158

THORNESIDE

$360

4300

AUGUSTINE HEIGHTS

$310

$335

4159

AQUATIC PARADISE

$395

$385

4301

COLLINGWOOD PARK

$310

$300

4160

EROBIN

$390

$400

4304

BLACKSTONE

$305

4161

ALEXANDRA HILLS

$390

4305

BASIN POCKET

$305

$300

4163

CLEVELAND

$420

$410

LOGAN CITY

$335

432

$330

437

4164

PINKLANDS

$395

$410

4114

KINGSTON

$315

$325

4165

MOUNT COTTON

$395

$400

4118

BROWNS PLAINS

$350

$340

4183

AMITY

$310

$350

4119

UNDERWOOD

$410

$315

4184

COOCHIEMUDLO ISLAND

$245

$240

4123

PRIESTS GULLY

$340

$330

LOCKYER VALLEY REGIONAL

$270

116

$275

100

4127

CHATSWOOD HILLS

$315

4341

BLENHEIM

$270

$280

4128

KIMBERLEY PARK

$340

$320

4342

CROWLEY VALE

$270

$265

4130

CARBROOK

$375

N.A.

4343

ADARE

$275

$265

4131

LOGANLEA

$350

4344

CARPENDALE

$260

$290

4132

CRESTMEAD

$345

$330

SCENIC RIM REGIONAL

$300

153

4133

CHAMBERS FLAT

$315

$300

4271

EAGLE HEIGHTS

$380

$355

4205

BETHANIA

$340

4272

MOUNT TAMBORINE

$360

$380

4207

ALBERTON

$320

105

$310

130

4275

BENOBBLE

$360

$375

MORETON BAY REGIONAL

$335

513

$335

537

4285

ALLENVIEW

$290

CLONTARF

$350

4309

ARATULA

$245

$260

4020

NEWPORT

$340

$365

4310

ALLANDALE

$265

$270

4021

KIPPA-RING

$330

53 5

4019

SOMERSET REGIONAL

$280

$270

4022

ROTHWELL

$330

$310

4311

ATKINSONS DAM

$260

$270

4035

ALBANY CREEK

$385

$380

4312

BRYDEN

$280

$220

4500

BRAY PARK

$335

4515

GLENFERN

$300

$285

RENTAL MARKET - 2 BED UNITS IPSWICH CITY

$250

171

$250

157

4300

AUGUSTINE HEIGHTS

$250

4301

COLLINGWOOD PARK

$270

$250

4304

BLACKSTONE

$245

$240

4305

BASIN POCKET

$240

4306

AMBERLEY

$225

N.A.

LOGAN CITY

$260

200

$260

209

4114

KINGSTON

$260

$255

4127

CHATSWOOD HILLS

$300

$330

4128

KIMBERLEY PARK

$290

N.A.

4132

CRESTMEAD

$260

$255

4133

CHAMBERS FLAT

$250

$240

4207

ALBERTON

$250

4280

JIMBOOMBA

$270

$265

MORETON BAY REGIONAL

$270

527

$270

410

4019

CLONTARF

$270

4020

NEWPORT

$290

$270

4021

KIPPA-RING

$275

$280

4500

BRAY PARK

$300

$285

4501

LAWNTON

$280

$260

4503

DAKABIN

$280

$285

4504

NARANGBA

$217

N.A.

4505

BURPENGARY

$230

$260

4506

MOORINA

$250

4507

BANKSIA BEACH

$280

$255

4508

DECEPTION BAY

$264

$240

4509

MANGO HILL

$315

4510

BALINGOOL

$250

102

$250

REDLAND CITY

$330

4157

CAPALABA

$325

4158

THORNESIDE

$305

N.A.

4163

CLEVELAND

$368

$365

4501

LAWNTON

$330

$340

4502

FRENCHS FOREST

$330

$276

4503

DAKABIN

$340

174

$335

155

4504

NARANGBA

$345

$330

4505

BURPENGARY

$310

4506

MOORINA

$310

4508

DECEPTION BAY

$310

4509

MANGO HILL

$350

$345

4510

BALINGOOL

$295

$290

4511

GODWIN BEACH

$335

N.A.

REDLAND CITY

$390

$385

CAPALABA

$360

$385

4158

THORNESIDE

$390

$375

4160

EROBIN

$395

4157

4163

CLEVELAND

$435

$385

4165

MOUNT COTTON

$395

$385

LOCKYER VALLEY REGIONAL 4343

ADARE

N.A.

$290

N.A.

SEPTEMBER QUARTER 2014

REGIONAL MARKET UPDATES

GOLD COAST The Gold Coast real estate market is firmly into a new growth phase as the city’s economy gathers strength on the back of major infrastructure projects and an improving tourism market.

However, sale volumes in the $500,000-plus price bracket were down 5.8 per cent in the three months to September, with million-dollar plus sales also picking up on much smaller volumes.

The light rail project linking Southport to Broadbeach has delivered an important boost to the tourist centre, with the Pacific Fair Shopping Centre upgrade and preparations for the 2018 Commonwealth Games also contributing to a more positive economic outlook.

Some suburbs recorded impressive price growth over the quarter, however, such as Runaway Bay (40.1 per cent), Clear Island Waters (22.2 per cent), and Paradise Point (13.3 per cent).

House sale volumes on the Gold Coast rose seven per cent in the three months to September, with unit sales also increasing by five per cent. During the same period, acreage sales were up four per cent. Houses are selling quicker on the Gold Coast, with average days on market down to 72 days in the September quarter, compared to 96 days 12 months earlier. Average vendor discounting on the Gold Coast Coast is also trending downwards, currently sitting at six per cent in September 2013, compared to 11.6 per cent in September 2004. HOUSE MARKET

The northern rim of the Gold Coast is recording strong sales volumes, as are a number of hinterland suburbs. Both contributed to the region’s impressive rise in sales in the September quarter. Those to record the biggest increase in quarterly sales included Upper Coomera (116 per cent), Helensvale (63 per cent) and Robina (63 per cent).

UNIT MARKET

The Gold Coast unit and townhouse market recorded a five per cent increase in sale volumes in the three months to September. Median unit prices on the Gold Coast eased 2.9 per cent during this period to $340,000. While units priced up to $500,000 saw an increase in sales, volumes in the $500,000-plus price bracket were down. Local agents say there are still good opportunities in the high rise market, with many properties being quickly picked off by investors. In the past month, investor activity in the apartment/unit market has reportedly been very strong. Sales volumes were also up in the luxury end of the market, with 59 apartments priced upwards of $1 million changing hands, up from 36 in the June quarter. Suburbs to record strong price growth over the quarter included Coolangatta (25.7 per cent) and Coombabah (15.6 per cent). RENTAL MARKET

According to local agents this sales growth has been underpinned by job-creating developments in the region and a return of confidence in the tourism market.

According to the REIQ’s latest rental survey, rental conditions on the Gold Coast remain tight amid a shortage of supply.

Despite rising sales volumes, median house prices on the Gold Coast eased 3.9 per cent to $495,000 in the three months to September. This is the result of higher sale volumes as the lower end of the market and a fall in the number of $500,000-plus sales.

The Gold Coast recorded a vacancy rate of 1.9 per cent at the end of September, with median weekly rents remaining stable over the September quarter.

REIQ’S price point data confirms this, with the highest number of preliminary sales numbers recorded in the $350,000-plus bracket. Sales also rose slightly in the $250,000-plus price bracket.

16 QUEENSLAND MARKET MONITOR

Local agents say the higher rental yields available on the Gold Coast are attracting an increasing number of interstate investors. It’s hoped increased investor activity will add to the supply of available rental stock.

REGIONAL MARKET UPDATES

SALES MARKET - HOUSES SUBURB

NUMBER OF SALES

SALES MARKET - UNITS & TOWNHOUSES MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

SUBURB

NUMBER OF SALES

MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

GOLD COAST CITY (LGA) ~

1,316

$495,000

-3.9%

$500,000

5.5%

6.4%

GOLD COAST CITY (LGA)

1,677

$340,000

-2.9%

$355,000

4.4%

-1.9%

GOLD COAST CITY (LGA) ^

129

$680,000

0.3%

$670,000

4.7%

0.8%

ARUNDEL

$308,500

4.6%

$307,750

4.1%

-2.3%

ARUNDEL

$460,000

-3.2%

$470,000

1.1%

ASHMORE

$287,000

2.5%

$279,999

10.9%

-7.3%

ASHMORE

$486,500

4.6%

$480,000

11.0%

4.3%

BENOWA

$405,000

N/A

$520,000

2.2%

13.0%

BENOWA

$700,000

-3.5%

$700,000

3.7%

0.7%

BIGGERA WATERS

$330,000

1.5%

$399,000

8.1%

10.4%

BIGGERA WATERS

$553,000

N/A

$555,000

14.4%

7.2%

BILINGA ~

N/A

$445,000

29.0%

-4.3%

BONOGIN ^ ~

$656,000

11.2%

$590,000

2.5%

-4.8%

BROADBEACH ~ f

$418,000

-7.1%

$437,500

-1.7%

-3.8%

BROADBEACH WATERS ~

$777,500

-8.7%

$810,000

13.3%

-4.7%

BROADBEACH WATERS

$365,000

N/A

$370,000

5.7%

-11.9%

BUNDALL ~ f

$845,000

10.5%

$775,000

7.3%

-6.0%

BUNDALL ~

$303,000

N/A

$300,000

-20.0%

-5.8%

BURLEIGH HEADS

$651,250

2.2%

$613,000

13.9%

13.5%

BURLEIGH HEADS

$390,500

-3.6%

$390,000

8.3%

-1.9%

BURLEIGH WATERS

$580,000

-6.8%

$580,000

9.4%

6.7%

BURLEIGH WATERS

$332,500

3.9%

$338,000

5.6%

-5.8%

CARRARA

$475,000

-2.1%

$460,000

4.8%

4.5%

CARRARA

$350,000

3.3%

$390,000

-5.5%

4.0%

CLEAR ISLAND WATERS ~ f

$977,500

22.2%

$836,250

16.0%

1.2%

CLEAR ISLAND WATERS ~ f

$382,000

-11.5%

$458,625

2.1%

19.3%

COOMBABAH

$420,000

7.7%

$399,500

1.1%

-2.6%

COOLANGATTA ~ f

$460,000

25.7%

$390,000

0.0%

-8.2%

COOMERA

$369,000

-0.3%

$362,500

2.1%

-10.6%

COOMBABAH ~ t

$358,500

15.6%

$315,000

6.8%

0.0%

CURRUMBIN ~ f

N/A

$742,500

33.8%

N/A

COOMERA ~ t

$325,000

N/A

$264,000

-45.0%

-24.6%

CURRUMBIN WATERS ~

$465,000

-7.9%

$503,000

4.0%

5.9%

CURRUMBIN

$380,750

N/A

$400,000

2.6%

-8.7%

ELANORA ~

$485,000

-8.3%

$515,000

7.3%

6.4%

CURRUMBIN WATERS

$292,500

-3.3%

$300,000

4.5%

-7.3%

GILSTON

N/A

$468,750

N/A

0.3%

ELANORA

$320,000

7.6%

$296,500

4.0%

-6.2%

HELENSVALE

$502,000

4.4%

$480,000

7.1%

1.1%

HELENSVALE ~ f

$260,000

-21.1%

$310,000

-4.6%

-24.8%

HIGHLAND PARK

$435,000

8.6%

$425,000

4.9%

3.7%

HIGHLAND PARK

N/A

$247,000

N/A

-10.8%

HOLLYWELL

N/A

$540,000

3.0%

5.4%

HOPE ISLAND ~ t

$370,000

-11.9%

$390,000

25.8%

-27.8%

HOPE ISLAND ~ f

$500,000

-14.3%

$527,500

12.2%

5.5%

LABRADOR

$302,500

-4.6%

$318,000

7.8%

1.0%

JACOBS WELL

$407,500

N/A

MAIN BEACH

$520,000

-1.9%

$555,000

0.9%

-6.7%

LABRADOR

$415,000

-5.7%

$430,000

11.7%

3.3%

MAUDSLAND

N/A

$276,000

-7.4%

11.5%

MAUDSLAND

N/A

$460,000

6.4%

8.2%

MERMAID BEACH ~ f

$373,000

-7.9%

$352,500

10.0%

-2.1%

MERMAID BEACH ~ f

$1,099,000

N/A

$935,000

9.7%

-11.8%

MERMAID WATERS

$312,000

-1.4%

$315,000

7.3%

0.3%

MERMAID WATERS

$618,500

-6.3%

$660,000

6.5%

MERRIMAC

$310,000

9.2%

$358,000

10.2%

15.5%

MERRIMAC

$417,000

-1.9%

$420,000

10.5%

3.1%

MIAMI

$355,000

-2.7%

$350,000

4.5%

-5.4%

MIAMI

$595,000

2.6%

$580,000

13.4%

14.5%

MUDGEERABA ~ t

$285,000

-13.1%

$317,450

-10.6%

-5.8%

MOLENDINAR ~

$502,500

-7.8%

$500,000

6.4%

3.1%

NERANG

$250,000

-2.3%

$272,750

5.5%

-4.3%

MUDGEERABA

$470,000

-2.7%

$470,000

5.6%

6.8%

ORMEAU

N/A

$320,000

4.9%

-9.2%

MUDGEERABA ^

N/A

$630,000

2.1%

0.8%

OXENFORD

$300,750

2.8%

$275,000

6.8%

-4.3%

NERANG

$380,500

4.2%

$371,000

5.7%

-1.1%

PACIFIC PINES ~ t

$322,500

-11.6%

$359,250

1.5%

-1.6%

NERANG ^

N/A

$715,000

N/A

-0.3%

PALM BEACH ~

$325,000

-8.5%

$350,000

8.4%

-4.1%

ORMEAU

$428,000

2.1%

$418,000

4.0%

-2.8%

PARADISE POINT ~ *

$450,000

0.0%

$485,500

-14.8%

0.6%

ORMEAU ^

N/A

$617,500

-2.8%

-0.1%

PIMPAMA

N/A

$354,900

-8.5%

3.0%

ORMEAU HILLS

N/A

$446,000

-2.6%

-2.0%

REEDY CREEK ~ t

$279,500

-8.4%

$291,000

10.6%

-2.7%

OXENFORD

$423,500

3.9%

$433,750

2.1%

2.8%

ROBINA

$383,000

0.7%

$403,750

-3.8%

-6.1%

PACIFIC PINES

$480,000

7.3%

$457,000

1.1%

0.4%

RUNAWAY BAY ~ f

$355,000

-10.1%

$430,000

-1.1%

-0.6%

PALM BEACH

$570,000

-6.7%

$560,000

8.7%

7.7%

SOUTHPORT

128

$303,000

1.8%

$327,869

5.8%

-9.4%

PARADISE POINT ~ f

$850,000

13.3%

$806,000

-8.7%

-1.4%

SURFERS PARADISE

242

$325,000

-6.6%

$340,000

-4.2%

-6.3%

PARKWOOD

$479,000

1.2%

$486,000

8.0%

4.7%

TUGUN

$375,000

-0.7%

$376,250

7.0%

-11.7%

PIMPAMA

$451,500

N/A

$390,000

-1.8%

1.8%

UPPER COOMERA

$302,500

-0.8%

$295,000

3.5%

-13.7%

VARSITY LAKES

$388,000

4.9%

$388,000

7.0%

-0.6%

REEDY CREEK

$595,000

-2.5%

$617,000

0.0%

-0.5%

ROBINA

$565,000

1.1%

$525,000

4.0%

1.9%

RUNAWAY BAY ~ f

$895,000

40.1%

$809,000

11.6%

6.4%

SOUTHPORT

$470,000

2.2%

$452,500

7.7%

1.7%

SURFERS PARADISE ~ f

$1,175,000

5.0%

$1,110,000

-2.2%

-15.3%

TALLAI ^

$690,000

N/A

$675,000

-5.2%

0.0%

TALLEBUDGERA ^

$697,500

3.7%

$675,000

2.3%

-6.3%

TALLEBUDGERA VALLEY ^

N/A

$750,000

N/A

TUGUN

$477,500

-6.8%

$476,000

-5.0%

5.8%

UPPER COOMERA

$400,000

-1.7%

$398,000

3.4%

-2.5% 6.0%

VARSITY LAKES ~ f

$510,000

10.0%

$482,500

3.8%

WORONGARY

$401,500

N/A

$409,000

8.1%

4.9%

WORONGARY ^

N/A

$642,500

11.7%

5.3%

The Gold Coast real estate market is firmly into a new growth phase as the city’s economy gathers strength... SEPTEMBER QUARTER 2014

REGIONAL MARKET UPDATES

RENTAL MARKET - 2 BED UNITS

SALES MARKET - VACANT LAND

POST NUMBER OF SALES

SUBURB

MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

GOLD COAST CITY (LGA)

150

$234,000

-0.4%

$230,000

0.2%

-0.6%

GOLD COAST CITY (LGA) ^

N/A

$360,000

4.3%

-9.3%

COOMERA

$228,000

1.3%

$225,000

-0.2%

-6.0%

GILSTON

N/A

$253,000

3.7%

14.8%

HELENSVALE * f

N/A

$500,000

N/A

86.2%

ORMEAU

N/A

$220,000

-2.2%

0.0%

ORMEAU HILLS

N/A

$214,900

2.4%

N/A

OXENFORD

N/A

$235,000

N/A

3.5%

PIMPAMA

$220,000

0.7%

$219,500

-2.0%

-0.2%

REEDY CREEK ~

N/A

$320,000

12.3%

9.4%

UPPER COOMERA

$232,500

-2.1%

$229,500

2.5%

2.0%

WILLOW VALE

N/A

$205,000

3.9%

N/A

RENTAL MARKET - 3 BED HOUSES POST CODE

$/WEEK

SEP-14 $/WEEK

LOCALITYL

NEW BONDS JUN 14

NEW BONDS $/WEEK

SEP-13

NEW BONDS $/WEEK

$360

2634

$350

2664

4210

OXENFORD

$300

$295

4211

ADVANCETOWN

$325

$295

4212

HELENSVALE

$390

$415

4214

ARUNDEL

$300

$250

4215

LABRADOR

$350

573

$335

582

4216

PARADISE POINT

$355

182

$345

216

4217

BENOWA

$400

656

$390

642

4218

BROADBEACH

$350

333

$350

367

4220

BURLEIGH HEADS

$380

218

$360

217

4221

ELANORA

$325

124

$300

141

4223

CURRUMBIN

$370

$340

4224

TUGUN

$340

$325

4225

BILINGA

$330

142

$320

132

4226

CLEAR ISLAND WATERS

$410

$400

4227

REEDY CREEK

$360

124

$290

SEP 14 RENTAL MARKET - 3 BED TOWNHOUSES 1840 1900 294 296

JUN 14

$430

941

$410

1047

4208

BURNSIDE

$380

$370

GOLD COAST CITY

$385

1133

$375

4209

COOMERA

$385

115

$370

101

4208

BURNSIDE

$360

$365

4210

OXENFORD

$430

$380

4209

COOMERA

$360

159

$350

4211

ADVANCETOWN

$410

101

$385

4212

HELENSVALE

$490

$400

4213

BONOGIN

$440

161 $430

4212

HELENSVALE

4214

ARUNDEL

$420

$410

100

4213

BONOGIN

4215

LABRADOR

$410

$380 <$350,000

4216

PARADISE POINT

See explanatory notes74 for further information. $430 (p) Preliminary. 51 $420 4215

4217

BENOWA

$530

4218

BROADBEACH

4220

BURLEIGH HEADS

4221

ELANORA

4223

CURRUMBIN

4224

TUGUN

4225

BILINGA

4226

CLEAR 43 ISLAND WATERS

4227

166

REEDY CREEK

$360

205 37

$500,000+ 4214 ARUNDEL

$1m+

$430

$445

$380

$365

$380

33 <$350,000$365

38 36 $350,000+

LABRADOR

(p) Preliminary. $380 125See explanatory $370notes for further 132 information.

4216

PARADISE POINT

$380

$370

$500

$480

4217

BENOWA

$440

$450

$470

$450

$500

$420

$460

$470 55 4218 BROADBEACH INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND

SEP 1411 1154 $400 40

$250,000+

$420

JUN 14

$450 1272

1256

1157 15

$415

4221

$390

4223

CURRUMBIN TUGUN

$450

4225

BILINGA

$435

4227

$400

REEDY 24 CREEK

$500,000+

62$1m+

12 185

875 860$430

$470

$440

176

$420

363 384 21

$350,000+

$455

JUN 14JUN 14SEP 14SEP 14

472 4226 480 CLEAR ISLAND WATERS

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

$350,000+

ELANORA

508 454 81

SEP 14

480

341

575

25 15

$430

SEP 14

ROC

$425

166

$410

$350,000+

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

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

SEP 14 548

$400

194 $400

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

JUN 14

JUN 43 14

2 45 <$350,000

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

Includes IPSWICH, LOGAN, MORETON BAY & REDLAND

$390

N.A.

105

64 FRASER COAST HOUSE SALES

$390SALES 26 LAND (p) (p) BRISBANE CITY UNIT SALES

4224

Source: REIQ, data provided by RP Data.

SEP 14BURLEIGH HEADS 4220 TOOWOOMBA

N.A.

BRISBANE SURROUNDS LAND SALES (p) JUN 14

LAND

BRISBANE SURROUNDS HOUSE SALES (p)

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

379

18 192

<$350,000

<$250,000

$360 $370

$520

$450

OXENFORD ADVANCETOWN

208

Source: REIQ, data provided by RP Data.

47 BRISBANE CITY$470 LAND SALES (p)

JUN 14 57

117 $350,000+

161184

4210

274

SEP 14

1183

4211

235

HOUSES

TOOWOOMBA HOUSE SALES

GOLD COAST CITY

770 124 784

NEW BONDS

GOLD COAST CITY

BRISBANE CITY HOUSE SALES (p) SEP-13

SEP-14 LOCALITYL

CODE

$1m+

JUN 14

FRASER COAST LAND SALES (p)SALES (p) BRISBANE SURROUNDS UNIT

516 57

INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND

JUN 14 JUN 14 SEP 14 SEP 14

62 260

260

101

<$2 <$

(p) Preliminary. See

(p) Prelimina BUNDABERG HOUSE SALES Source:Source: REIQ, data REIQ,p

282

SEP 14

182

139

412

197

<$250,000

65 59

$250,000+

3 <$350,000

SUNSHINE COAST &

GOLD COAST LAND SALES (p)

440

SEP 14

JUN 14 443

<$250,000 <$250,000

SEP 14

28 8

<$250,000

$250,000+

373

$350,000+

$500,000+

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

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

SUNSHINE COAST & NOOSA LAND SALES (p) 18 QUEENSLAND MARKET MONITOR JUN 14

SEP 14

0 0 <$350,000

520

$350,000+

<$2 <$

(p) Preliminary. See (p) Preliminar

GLADSTONE HOUSE SALES Source: REIQ, data ( Source: REIQ,

SEPSEP 14 14

560

451 457

JUN 14 55

SEP 14 59

290 276

$1m+

<$250,000 <$250,000

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by $1m+ RP Data. $250,000+ $350,000+ $250,000+ $350,000+ $500,000+

JUNJUN 14 14

273 296 37

<$350,000

BUNDABERG LAND SALES (p) (p) GOLD COAST UNIT SALES

$1m+

132

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

346

102

$500,000+

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

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

JUN 14

9 $350,000+

111

0 0 <$350,000

$350,000+

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by$1m+ RP Data. $250,000+ $350,000+ $250,000+ $350,000+ $500,000+

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

GLADSTONE LAND SALESUNIT (p) SALES (p) SUNSHINE COAST & NOOSA JUN 14 SEP 14 SEP 14 JUN 14

<$2 <$

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

HOUSES

TOOWOOMBA

TOOWOOMBA HOUSE SALES (p)

BRISBANE CITY HOUSE SALES (p) JUN 14

SEP 14 1900 1840 continues to perform

JUN 14

Toowoomba’s property market strongly, with sales activity still trending upwards. However local agents say moving into the Christmas period is typically a quieter time of770 year.784 274 235 mining As it moves 166 out of the construction phase, the local 161 sector in the Surat Basin is expected to see a drop off in <$350,000 $350,000+per cent, $500,000+ $1m+ growth of around two-to-three with a resultant Preliminary. See explanatory notes for further information. easing(p) in employment. Source: REIQ, data provided by RP Data.

294

<$350,000

<$350,000 quarter, $350,000+ $500,000+ $1m+ Over the September preliminary house sales (p) Preliminary. See explanatory notes for further information. <$250,000 $250,000+ $350,000+ $500,000+ numbers upwards for the fifth $1m+ Source:continued REIQ, data providedto by RPtrend Data. (p) Preliminary. See explanatory notes for further information. consecutive Toowoomba sales were up four per Source: REIQ,quarter. data provided by RP Data. GOLD COAST HOUSE SALES (p) cent, while the median house price was up one per cent. BRISBANE SURROUNDS UNIT SALES (p) JUN 14 SEP 14 median house Over the year to September, Toowoomba’s INCLUDES IPSWICH, LOGAN, BAYSALES & REDLAND(p) BRISBANE CITYMORETON LAND JUN575 14 SEP 14 price was up 7.2 per cent compared to a year ago and an 548 SEP 14516 282JUN 14 480 impressive 24.1260 per cent 260 compared to five years ago.

(p) Preliminary. See explanatory notes for further information. $500,000+ <$250,000 $250,000+ $350,000+ $1m+ Source: REIQ, data provided by RP Data. (p) Preliminary. See explanatory notes for further information. <$250,000 $250,000+ $350,000+ $500,000+ Source: REIQ, data provided by RP Data. (p) Preliminary. See explanatory notes for further information. SUNSHINE COAST & NOOSA HOUSE SALES (p) Source: REIQ, data provided by RP Data.

According to local agents, confidence in Toowoomba remains high thanks to the ongoing economic development in the region. This is despite the easing in GOLD COAST UNIT SALES (p) JUN 14 SEP 14 BRISBANE SURROUNDS LAND SALES (p) which employment in the mining sector and the drought JUN 14 SEP 14 443 440 Includes IPSWICH, LOGAN, MORETON BAY & REDLAND is beginning to affect some of 14 the retailers in Toowoomba. 373 560 JUN SEP 14 379

341

346 451 457

520

296 market also performed 290 well Toowoomba’s 276 over the 273 unit quarter with 79 sales76volumes up 21 per cent compared to 43 37 the previous quarter. Local agents say investor activity 36 59 has 71 59 36 seen a number of new unit and townhouse 22 developments <$350,000 $350,000+ $500,000+ 3$1m+ 9 come (p)onto theSeemarket. However this level of activity from <$250,000 $250,000+ $350,000+ $500,000+ $1m+ Preliminary. explanatory notes for further information. Source: REIQ, data provided by RP Data. (p) Preliminary. See explanatory notes for further information. <$250,000 $250,000+ $350,000+ $500,000+ investors is starting to wane, with many believing the unit Source: REIQ, dataSee provided by RP notes Data.for further information. Preliminary. explanatory market(p) is nearing over supply. Source: REIQ, data provided by RP Data.

SUNSHINE COAST & NOOSA UNIT SALES (p)

Despite strong activityGOLD at the affordable of the market, COAST JUN 14 LAND SEP SALES 14end(p) the median unit price in Toowoomba increased 2.5 per JUN 14 SEP 14 197 203 cent over the quarter, per 194 cent over the year 102 and 8.5 177 to September.88 112

108 105 increase 105 in the The strongest in activity was seen $250,000-plus price point,33which nearly doubled over 28 27 21 the quarter. All other price points saw a slight drop 16 off 10 10 8 in activity.

<$250,000 $250,000+ $350,000+ $500,000+ $1m+ <$250,000 $250,000+ $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, dataSee provided by RP notes Data. for further information. (p) Preliminary. explanatory Source: REIQ, data provided by RP Data.

SUNSHINE COAST & NOOSA LAND SALES (p) JUN 14

SEP 14

(p) Prelim Source: R

FRASER COAST HOUSE SALES (p) TOOWOOMBA SALES JUN 14UNIT SEP 14 (p) 185 43

JUN 14 62

194

SEP 14

41 <$350,000

46 18

$350,000+

6 5

$500,000+

LAND

21 139 21

JUN 14 JUN 14

SEP 14 SEP 14

39 4

3 2$350,000+

<$350,000

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

7 0 4 2$500,000+ $500,000+ $350,000+

GLADSTONE HOUSE SALES (p) BUNDABERG UNIT SALES JUN 14 SEP 14(p) FRASER LAND JUNCOAST 14 SEP 14SALES (p)

Source: REIQ, data provided by RP Data.

48 62

43 RENTAL MARKET 57

JUN 1455

(p) Prelimi Source: RE <

(p) Prelimina Source: REIQ (p) Prelimina Source: REIQ

59 SEP 14

10 9 In Toowoomba, the rental market continues to remain 8 18 14 tight; however it was one of the few regions to record a 4 slight easing in its vacancy, up 0.12 percentage 2 points to 0“healthy” 1.6 per cent. Local agents say that 3 Toowoomba’s <$350,000 0 0$350,000+ 0$500,000+ rate(p)of vacancy sits around the two per cent$500,000+ mark, which Preliminary. See explanatory notes for further information. <$250,000 $250,000+ $350,000+ REIQ, data provided by RP Data. the(p)Source: region has stayed for all but two$350,000+ periods since Preliminary.<$250,000 See explanatory notesbelow for further information. $250,000+ Source: REIQ, data provided by RP Data. (p) Preliminary. for further information. June 2008. See Asexplanatory such,notes median weekly rents from the RTA Source: REIQ, data provided by RP Data. continue to remainGLADSTONE stable or UNIT record steady SALES (p) growth.

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

BUNDABERG LAND SALES (p)

JUN 14 6 JUN 14

SEP 14 SEP 6 146

40 3

Toowoomba’s property <$250,000 $250,000+ $350,000+ $500,000+ $250,000+ $350,000+ (p) Preliminary. <$250,000 See explanatory notes for further information. market continues to (p) Preliminary. Seeprovided explanatory Source: REIQ, data by RPnotes Data.for further information. Source: REIQ, data provided by RP Data. perform strongly, with GLADSTONE LAND SALES (p) trending sales activity still JUN 14 SEP 14 upwards.

(p) Prelimina Source: REIQ (p) Prelimina Source: REIQ

14 SEPTEMBER QUARTER 2014

(p) Prelim Source: < R

(p) Prelimina Source: REIQ

BUNDABERG HOUSE SALES (p) FRASER COAST SALES JUN 14UNIT SEP 14 (p) TOOWOOMBA LAND SALES (p) 182

16 46

$500,000+

UNITS

49$350,000197was up predominantly in the Sales activity 43 40 40 plus price bracket, however local agents say that good 132 111 31 101 29 results have 65 been66 recorded at the prestige end. 84 One 24 51 46 property reportedly changed hands for more than5$2 5 <$350,000 $350,000+ $500,000+ $1m+ million recently.

UNIT MARKET

$350,000+

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

21 18 45 54

208

860 875

Moving into 2015, local agents expect more of the same, with an equally high level of confidence seen 480508 472 454 throughout 2014. 363 384

SEP 14

296 184

However the region is stillSURROUNDS well supported numerous BRISBANE HOUSEbySALES (p) INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND and due to other major developments currently underway BRISBANE CITY UNIT SALES (p) JUN 14 SEP 14 begin in 2015, such as the much anticipated Second Range JUN 14 SEP 14 1272 1256 Crossing going in early 2015. 1157 1154 to tender

HOUSE MARKET

REGIONAL MARKET UPDATES

SALES MARKET - VACANT LAND

SALES MARKET - HOUSES SUBURB

NUMBER OF SALES

MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

NUMBER OF SALES

SUBURB

MEDIAN SALE

ANNUAL MEDIAN SALE

QTRLY CHANGE

1YR 5YR CHANGE CHANGE

TOOWOOMBA (LGA)

574

$339,500

1.0%

$335,000

7.2%

24.1%

TOOWOOMBA (LGA) ~

$156,500

-2.7%

$159,950

3.2%

TOOWOOMBA (LGA) ^

103

$448,500

-5.6%

$485,000

7.8%

22.2%

TOOWOOMBA (LGA) ^

$200,000

11.1%

$180,000

20.0%

36.1% 17.6%

CENTENARY HEIGHTS

$349,500

2.0%

$350,000

7.4%

23.0%

CAMBOOYA

N/A

$115,000

N/A

CROWS NEST

N/A

$237,000

-4.0%

5.3%

CRANLEY

N/A

$158,950

4.2%

N/A

DARLING HEIGHTS

$349,500

2.2%

$335,000

6.7%

20.5%

GLENVALE ~

$169,950

N/A

$169,950

6.2%

36.0%

EAST TOOWOOMBA ~

$400,750

-8.3%

$415,000

9.2%

17.1%

GOWRIE JUNCTION ^

N/A

$174,500

11.1%

15.9%

GLENVALE

$378,750

3.3%

$355,000

5.7%

16.4%

KLEINTON

N/A

$157,500

4.8%

22.6%

HARLAXTON

N/A

$253,750

-3.0%

15.6%

MIDDLE RIDGE ~ *

N/A

$289,750

40.0%

76.7%

HARRISTOWN

$320,500

7.4%

$310,200

12.8%

26.1%

WESTBROOK ~ *

$155,500

N/A

$158,500

3.4%

51.0%

N/A

$72,250

N/A

-15.7%

HIGHFIELDS

N/A

$457,500

1.7%

13.0%

HIGHFIELDS ^

$499,500

-6.6%

$520,000

10.6%

18.2%

SURROUNDS

KEARNEYS SPRING ~

$375,000

-9.1%

$360,000

4.5%

22.9%

SOUTHERN DOWNS (LGA) ~

KINGSTHORPE

N/A

$301,000

7.5%

20.4%

KLEINTON ~

$476,250

-8.1%

$480,000

9.2%

N/A

WESTERN DOWNS (LGA) ~ *

N/A

$145,000

-6.4%

40.8%

MERINGANDAN WEST

N/A

$387,000

9.8%

17.3%

CHINCHILLA *

N/A

$150,000

3.4%

57.9%

MERINGANDAN WEST ^

N/A

$345,000

N/A

12.7%

MIDDLE RIDGE ^

N/A

$740,000

N/A

MIDDLE RIDGE ~

$469,000

-9.3%

$470,000

2.6%

14.4%

RENTAL MARKET - 3 BED HOUSES

MOUNT LOFTY ~

N/A

$410,000

18.9%

31.2%

POST

NEWTOWN

$290,000

-0.2%

$290,000

9.4%

21.5%

CODE

NORTH TOOWOOMBA ~

$301,000

-7.7%

$300,000

10.1%

27.7%

OAKEY

$216,250

-0.1%

$220,000

2.3%

11.0%

PITTSWORTH ~

$275,750

-13.8%

$279,000

1.0%

RANGEVILLE

$406,000

1.5%

$392,250

ROCKVILLE ~

$287,500

-5.7%

SOUTH TOOWOOMBA ~

$342,000

TOOWOOMBA CITY

WESTBROOK

SEP-14 LOCALITYL

$/WEEK

SEP-13

NEW BONDS $/WEEK

NEW BONDS

TOOWOOMBA REGIONAL

$300

588

$295

654

4350

KEARNEYS SPRING

$305

445

$300

525

4.7%

4352

AMIENS

$325

$310

2.7%

10.2%

4354

DOUGLAS

$265

N.A.

$285,000

16.3%

19.2%

4355

ANDURAMBA

$265

$260

10.3%

$325,000

13.2%

30.0%

4356

PITTSWORTH

$270

$322,750

4.1%

$322,000

3.5%

26.3%

4357

BRINGALILY

$245

$250

$432,500

-0.3%

$435,250

5.5%

17.6%

4361

BACK PLAINS

$220

$225

WILSONTON

$313,000

-5.7%

$312,000

14.5%

22.4%

4400

KINGSTHORPE

$260

N.A.

WILSONTON HEIGHTS ~

$300,000

7.1%

$293,750

10.8%

26.9%

4401

ACLAND

$275

$270

WYREEMA

N/A

$322,500

N/A

7.1%

GOONDIWINDI REGIONAL

$280

$275

4387

BRUSH CREEK

$200

$230

4390

BILLA BILLA

$300

SOUTHERN DOWNS REGIONAL

$255

140

$240

179

4362

ALLORA

$275

$260

4370

ALLAN

$260

$250

100

SURROUNDS GOONDIWINDI (LGA) ~

$248,000

10.2%

$245,000

21.7%

2.1%

GOONDIWINDI

N/A

$272,500

1.7%

-2.2%

SOUTHERN DOWNS (LGA)

$242,500

-3.8%

$250,000

8.7%

4373

KILLARNEY

$250

$200

SOUTHERN DOWNS (LGA) ^

$275,000

-9.8%

$320,000

12.9%

0.9%

4380

AMIENS

$250

$240

STANTHORPE

$210,000

N/A

$235,000

3.8%

7.3%

WESTERN DOWNS REGIONAL

$300

154

$350

129

WARWICK

$270,000

6.1%

$260,000

6.1%

8.3%

4405

BLAXLAND

$280

$320

4410

JANDOWAE

$220

$230

WESTERN DOWNS (LGA) ~

$280,000

23.3%

$279,000

-7.0%

15.3%

4413

BAKING BOARD

$315

$440

WESTERN DOWNS (LGA) ^

$317,500

-5.9%

$368,750

-11.9%

20.9%

4415

MILES

$375

$550

CHINCHILLA ~

$335,000

N/A

$350,000

-6.7%

30.8%

4419

COCKATOO

$350

N.A.

DALBY ^

N/A

$430,000

-6.9%

8.2%

4421

GORANBA

$240

DALBY ~

$278,000

18.6%

$264,500

5.8%

3.7%

RENTAL MARKET - 2 BED UNITS

SALES MARKET - UNITS & TOWNHOUSES

TOOWOOMBA REGIONAL

$240

359

$235

356

TOOWOOMBA (LGA)

126

$279,000

2.5%

$280,000

8.5%

21.7%

4350

KEARNEYS SPRING

$245

325

$240

340

CENTENARY HEIGHTS

N/A

$304,500

-4.8%

29.6%

4352

AMIENS

$264

N.A.

EAST TOOWOOMBA ~

$278,500

29.5%

$268,000

9.4%

27.6%

4357

BRINGALILY

$200

N.A.

HARRISTOWN

$109,000

N/A

$227,000

-8.8%

9.7%

4401

ACLAND

$210

$205

KEARNEYS SPRING

$291,500

8.6%

$285,000

3.6%

18.9%

GOONDIWINDI REGIONAL

$190

$180

NEWTOWN

$256,500

2.2%

$252,250

7.3%

16.5%

BILLA BILLA

$200

$180

RANGEVILLE

N/A

$315,000

0.0%

12.5%

SOUTHERN DOWNS REGIONAL

$195

$200

SOUTH TOOWOOMBA * t

N/A

$310,000

29.7%

44.2%

4370

ALLAN

$200

TOOWOOMBA CITY *

N/A

$244,188

N/A

22.6%

4380

AMIENS

$180

$200

WILSONTON

N/A

$251,250

5.6%

8.5%

WESTERN DOWNS REGIONAL

$250

4405

BLAXLAND

$205

$230

4413

BAKING BOARD

$300

$380

SURROUNDS WESTERN DOWNS (LGA) * t

N/A

$385,000

23.2%

N/A

CHINCHILLA * t

N/A

$367,000

-0.5%

N/A

4390

RENTAL MARKET - 3 BED TOWNHOUSES TOOWOOMBA REGIONAL

$295

$275

4350

KEARNEYS SPRING

$295

$275

4370

ALLAN

SOUTHERN DOWNS REGIONAL WESTERN DOWNS REGIONAL 4413

20 QUEENSLAND MARKET MONITOR

BAKING BOARD

N.A. $250 N.A. $300

N.A.

$475

46 <$350,000

SUNSHINE COAST

Sunshine Coast real estate performed strongly in the September quarter, keeping up the momentum which has been gathering since the local market entered its recovery phase in late 2013. The regional economy is going from strength to strength, with major infrastructure projects such as the new Sunshine Coast University Hospital delivering ongoing jobs and employment opportunities. Agents report that the thriving local economy is driving demand and confidence in real estate on the coastal strip. In contrast to earlier in the year, this buoyant sentiment is also penetrating into the hinterland region. Average days on market continue to fall in the Sunshine Coast region, including Noosa – sitting at 90 days in the September quarter, compared to 110 days 12 months earlier. Average vendor discounting in the Sunshine Coast region is also trending downwards, from 9.2 per cent in September 2013 to 5.6 per cent 12 months later. HOUSE MARKET

Noosa was the star performer in the region for house sales in the September quarter, with sales activity up an impressive 13 per cent. Sales volumes were also up in the broader Sunshine Coast LGA, rising 3 per cent in the three months to September. Median house prices in the Sunshine Coast LGA were up 1.2 per cent to $473,500 in the three months to September, while Noosa’s median house price was $522,500 in the three months to September. Local agents say there is very healthy demand for housing in the majority of suburbs on the Sunshine Coast, with the prestige sector of the market showing particularly strong signs of recovery. REIQ’S price point data confirms this, with the highest number of preliminary sales numbers recorded in the $350,000-plus bracket. Increased sales activity, however, was most prominent in the $500,000-plus bracket with an additional 26 preliminary sales recorded in the September quarter. Turnover was also up in the $1 million-plus sector of the market, with 43 properties changing hands – up from 37 in the June quarter. Top performing suburbs to record impressive median price growth in the three months to September included Mooloolaba (16.8 per cent), Wurtulla (8.5 per cent ) and Glass House Mountains (8.4 per cent). UNIT MARKET

Noosa also outperformed the greater Sunshine Coast region in the unit and townhouse market, with an impressive 9.4 per cent increase bringing the median unit price to $395,000 in the three months to September. In the September quarter, sales activity in Noosa rose by five per cent with sales volumes up strongly in Kings Beach (36 per cent), Mooloolaba (33 per cent) and Mount

$350,000+

$500,000+

$1m+

REGIONAL MARKET UPDATES

(p) Preliminary. See explanatory notes for further information.$500,000+ <$250,000 $250,000+ $350,000+ $1m+ Source: REIQ, data by RP Data. (p) Preliminary. See provided explanatory notes for further information. <$250,000 $350,000+ $500,000+ Source: REIQ, data provided by RP$250,000+ Data. (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

SUNSHINE COAST & NOOSA HOUSE SALES (p) GOLD COAST UNIT SALES (p) JUN 14 SEP 14 BRISBANE SURROUNDS SALES (p) JUN 14443 SEP LAND 14 440

(p) Prelimin <$ Source: RE (p) Prelimina Source: REIQ, (p) Prelimina Source: REIQ

Includes IPSWICH, LOGAN, MORETON BAY & REDLAND

379

341

520

373 560JUN 14 SEP 346 14 451 457

273 296

290 276

76 71

37 36

$350,000+

36 22 $500,000+

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

$350,000+

<$350,000

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

43 59

3 $1m+9 $1m+ $500,000+

SUNSHINE COAST & NOOSA UNIT SALES (p) 14 LAND SEPSALES 14 (p) GOLD JUN COAST

102

(p) Prelimi< RE (p)Source: Prelimina Source: REIQ (p) Prelimina Source: REIQ

JUN 14 SEP 14 197 203 194 177 105 112

105 108

28 8

<$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.

27 16

21 10

$1m+ $500,000+

(p) Prelimina Source: REIQ (p) Prelimina Source: REIQ

SUNSHINE COAST & NOOSA LAND SALES (p) JUN 14

SEP 14

46 35 21

<$250,000

$250,000+

$350,000+

$500,000+

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

(p) Prelimin Source: REIQ

Coolum (27 per cent). Local agents say first home buyers and downsizers are becoming more active in the unit market and they expect to see a steady increase in this sector of the market heading into 2015. Across the Sunshine Coast region, including Noosa, sales activity was up across most price points, with the affordable end of the market performing continuing to perform well. Unit sale volumes were strongest in the $350,000-plus price bracket, rising 10 per cent in the three months to September. RENTAL MARKET

According to the REIQ’s latest rental survey, the Sunshine Coast has the lowest vacancy rate of any major region in the state. Sitting at just one per cent, the vacancy rate on the Sunshine Coast LGA is the result of strong tenant demand driven by the strong employment opportunities in the region. The Noosa Council area saw its vacancy rate ease tighten to 1.2 per cent in the three months to September. Local agents are hopeful increased investor activity will help to tackle the current shortage of rental stock in both LGAs.

SEPTEMBER QUARTER 2014

REGIONAL MARKET UPDATES

SALES MARKET - HOUSES SUBURB

NUMBER OF SALES

SALES MARKET - HOUSES (CONT’D) MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

SUBURB

NUMBER OF SALES

MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

SUNSHINE COAST (LGA)

815

$473,500

1.2%

$467,500

6.3%

5.3%

SUNRISE BEACH

$625,000

0.8%

$620,000

4.2%

2.5%

SUNSHINE COAST (LGA) ^

157

$567,500

3.7%

$568,750

9.9%

0.0%

SUNSHINE BEACH

N/A

$1,027,500

12.3%

16.1%

TEWANTIN

$450,000

1.1%

$437,250

8.0%

1.1%

ALEXANDRA HEADLAND

$817,500

N/A

$805,000

11.8%

13.4%

AROONA

$465,000

7.0%

$440,500

0.1%

5.7%

BATTERY HILL

N/A

$433,000

10.3%

9.6%

BEERWAH

$377,250

0.6%

$379,000

2.4%

-4.1%

SALES MARKET - UNITS & TOWNHOUSES

BEERWAH ^

N/A

$445,000

N/A

SUNSHINE COAST (LGA)

499

$342,500

-1.8%

$350,000

4.5%

0.9%

BLI BLI

$415,500

-6.1%

$432,500

12.9%

12.3%

ALEXANDRA HEADLAND

$303,000

-6.0%

$324,000

6.2%

1.3%

BUDDINA

$515,000

N/A

$520,000

-4.8%

-5.5%

BATTERY HILL

$212,000

N/A

$227,500

N/A

-14.5%

BUDERIM

103

$523,000

-2.2%

$530,000

7.1%

2.9%

BIRTINYA

$445,000

N/A

$405,000

-3.6%

N/A

BUDERIM ^

$980,000

N/A

$880,000

4.8%

6.0%

BUDDINA

N/A

$380,500

15.0%

-2.0%

BURNSIDE

N/A

$373,500

11.8%

3.4%

BUDERIM ~

$350,000

-12.5%

$385,000

1.6%

6.9%

CALOUNDRA WEST

$422,500

-0.6%

$415,000

4.7%

0.0%

CALOUNDRA ~ f

$372,500

11.2%

$353,000

0.6%

-6.1%

COES CREEK

N/A

$368,000

2.2%

1.9%

COOLUM BEACH ~

$328,750

-11.7%

$345,000

1.0%

7.8%

COOLUM BEACH ~

$470,000

-11.7%

$485,000

14.1%

3.2%

CURRIMUNDI

N/A

$347,000

6.0%

1.0%

CURRIMUNDI

$436,250

-0.9%

$438,000

5.5%

4.0%

GOLDEN BEACH ~ f

$375,000

12.8%

$375,000

19.5%

5.6%

DICKY BEACH

N/A

$569,000

2.5%

N/A

KINGS BEACH

$330,000

-2.1%

$360,000

9.4%

-11.1%

EUMUNDI ^

N/A

$650,000

-1.5%

N/A

MARCOOLA

$347,000

N/A

$305,000

-3.9%

-4.7%

GLASS HOUSE MOUNTAINS ^

N/A

$431,250

4.5%

-6.8%

MAROOCHYDORE

$367,500

-0.1%

$350,500

-1.1%

-1.6%

GLASS HOUSE MOUNTAINS ~

$428,000

8.4%

$412,000

7.2%

-0.7%

MINYAMA

N/A

$291,000

0.7%

-3.0%

GLENVIEW ^

N/A

$580,000

N/A

2.3%

MOOLOOLABA

$362,000

3.4%

$355,000

3.8%

1.4%

GOLDEN BEACH ~

$423,750

-8.9%

$442,500

5.5%

-0.6%

MOUNT COOLUM

$303,500

8.8%

$285,000

-10.9%

-5.8%

KULUIN ~

N/A

$420,000

24.1%

5.1%

MOUNTAIN CREEK * f

$325,000

-16.7%

$379,000

0.0%

35.4%

LANDSBOROUGH

N/A

$347,500

-0.7%

-3.9%

NAMBOUR ~ t

N/A

$211,500

-21.3%

-18.7%

LANDSBOROUGH ^ ~

N/A

$507,500

19.4%

10.9%

PARREARRA

$380,000

-3.6%

$398,500

15.5%

-20.0%

LITTLE MOUNTAIN

$496,000

4.9%

$465,000

5.7%

2.0%

PELICAN WATERS

N/A

$453,000

1.8%

MALENY

N/A

$428,000

4.4%

0.7%

PEREGIAN SPRINGS

N/A

$375,000

-11.8%

-6.3%

MALENY ^ ~

N/A

$547,500

-9.6%

N/A

TWIN WATERS

$451,000

N/A

$476,000

1.3%

-4.6%

WARANA

N/A

$311,000

5.2%

0.3%

MAPLETON

N/A

$385,250

N/A

MARCOOLA

N/A

$480,000

0.0%

9.1%

MAROOCHYDORE

$455,000

0.2%

$460,000

0.0%

6.2%

SURROUNDS

MERIDAN PLAINS

$475,000

N/A

$475,000

10.5%

6.4%

NOOSA (LGA)

152

$395,000

9.4%

$385,000

-1.3%

-6.9%

MINYAMA ~

$583,500

N/A

$670,000

-21.8%

-30.9%

NOOSA HEADS ~ f

$432,000

-9.1%

$425,000

-12.2%

-29.2%

MOFFAT BEACH ~ f

$605,000

N/A

$610,000

22.0%

19.6%

NOOSAVILLE ~

$370,000

10.4%

$360,000

7.5%

3.6%

MOOLOOLABA ~ f

$670,000

16.8%

$595,000

3.6%

7.7%

PEREGIAN BEACH ~ f

$380,000

13.4%

$377,000

1.9%

-8.6%

MOOLOOLAH VALLEY

N/A

$400,000

12.7%

8.1%

SUNRISE BEACH

N/A

$342,000

10.9%

-8.1%

MOOLOOLAH VALLEY ^

N/A

$532,500

9.1%

4.9%

SUNSHINE BEACH ~ f

$780,000

44.4%

$585,000

26.5%

5.1%

TEWANTIN

$240,000

-0.6%

$280,500

-3.6%

-5.7%

0.0%

MOUNT COOLUM ~

$515,000

N/A

$486,000

17.1%

5.7%

MOUNTAIN CREEK

$541,500

3.1%

$510,000

7.4%

MUDJIMBA ~

N/A

$553,000

20.2%

8.6%

NAMBOUR

$334,000

1.2%

$328,750

5.5%

-3.3%

PACIFIC PARADISE ~

$400,000

N/A

$387,500

16.5%

6.2%

SALES MARKET - VACANT LAND

PALMWOODS

$410,000

N/A

$420,000

7.7%

-2.3%

SUNSHINE COAST (LGA)

$242,000

3.0%

$235,000

2.6%

PALMWOODS ^

N/A

$612,500

N/A

-6.5%

SUNSHINE COAST (LGA) ^

$290,000

-7.2%

$295,000

0.0%

-7.8%

PARREARRA

$547,500

3.8%

$560,000

4.2%

10.0%

BIRTINYA ~ *

N/A

$269,000

-7.0%

-5.4%

PELICAN WATERS

$687,500

-3.4%

$650,000

11.6%

10.2%

BLI BLI

N/A

$235,000

6.6%

N/A

PEREGIAN SPRINGS

$585,000

0.9%

$570,000

8.4%

7.9%

BUDERIM ~ *

N/A

$271,250

-8.7%

-6.5%

SIPPY DOWNS

$440,000

0.0%

$430,000

6.2%

0.0%

CALOUNDRA WEST ~

N/A

$194,000

9.0%

-18.3%

TANAWHA ^

N/A

$735,000

N/A

LITTLE MOUNTAIN

N/A

$233,400

6.1%

-9.3%

TWIN WATERS

$700,000

4.8%

$667,500

6.8%

4.3%

MALENY

N/A

$213,000

N/A

-2.7%

WARANA

$530,000

-0.4%

$499,000

9.9%

3.7%

MAROOCHYDORE ~

N/A

$223,200

11.6%

N/A

WITTA ^

N/A

$532,500

N/A

MERIDAN PLAINS

N/A

$201,900

N/A

-6.9%

WOOMBYE

$405,000

3.8%

$405,000

6.6%

6.9%

MOUNTAIN CREEK

N/A

$248,500

-0.4%

7.8%

WURTULLA ~ f

$480,000

8.5%

$452,500

5.2%

4.4%

PELICAN WATERS

N/A

$370,000

-0.7%

17.5%

YAROOMBA

N/A

$482,500

1.2%

-1.5%

PEREGIAN SPRINGS ~ *

N/A

$230,000

-11.5%

-16.4%

YANDINA

N/A

$190,000

N/A

-4.9%

SURROUNDS NOOSA ( LGA) ~

159

$522,500

-5.7%

$530,000

6.0%

7.1%

SURROUNDS

NOOSA (LGA) ^

$515,000

3.0%

$523,000

1.6%

-2.2%

NOOSA (LGA)

$247,750

-8.2%

$264,000

-4.0%

BLACK MOUNTAIN ^

N/A

$485,500

N/A

NOOSA (LGA) ^

N/A

$292,000

N/A

0.7%

COOROIBAH ^

N/A

$540,000

-8.6%

N/A

NOOSAVILLE

N/A

$275,000

-0.9%

-6.5%

COOROY

N/A

$407,500

3.3%

3.2%

DOONAN ^

$620,000

3.3%

$630,000

-3.1%

-2.0%

LAKE MACDONALD ^

N/A

$485,000

6.7%

9.9%

NOOSA HEADS

$651,000

1.7%

$670,000

1.5%

-0.9%

NOOSAVILLE

$732,500

-5.2%

$695,000

-3.5%

-5.3%

PEREGIAN BEACH ~

$567,500

-7.7%

$588,000

-1.6%

1.8%

POMONA

N/A

$330,000

N/A

POMONA ^

N/A

$460,000

0.5%

-7.8%

22 QUEENSLAND MARKET MONITOR

REGIONAL MARKET UPDATES

RENTAL MARKET - 3 BED HOUSES POST CODE

RENTAL MARKET - 2 BED UNITS

SEP-14 $/WEEK

LOCALITYL

SEP-13

NEW BONDS $/WEEK

NEW BONDS

SUNSHINE COAST REGIONAL

$400

782

$380

852

4518

GLASS HOUSE MOUNTAINS

$355

$330

4519

BEERWAH

$340

$310

4550

LANDSBOROUGH

$310

4551

AROONA

$400

4552

BALD KNOB

4553

POST CODE

SEP-14 $/WEEK

LOCALITYL

SEP-13

NEW BONDS $/WEEK

NEW BONDS

SUNSHINE COAST REGIONAL

$320

823

$310

928

4551

AROONA

$320

147

$300

166

4556

BUDERIM

$320

$300

$330

4557

MOOLOOLABA

$320

124

$300

155

$380

138

4558

MAROOCHYDORE

$320

165

$320

198

$350

$360

4559

DIDDILLIBAH

$280

$265

PALMVIEW

$400

$365

4560

BLI BLI

$245

$235

4555

CHEVALLUM

$380

$345

4561

BRIDGES

$235

$260

4556

BUDERIM

$420

$400

100

4564

MARCOOLA

$350

$340

4557

MOOLOOLABA

$436

$410

4572

ALEXANDRA HEADLAND

$360

$325

4558

MAROOCHYDORE

$400

$390

4573

COOLUM BEACH

$335

$320

4559

DIDDILLIBAH

$405

$360

4575

BIRTINYA

$400

$385

4560

BLI BLI

$360

$350

NOOSA SHIRE

$360

$330

120

4561

BRIDGES

$375

$360

4565

BOREEN

$300

$295

4562

BELLI PARK

$450

$420

4566

NOOSAVILLE

$365

$320

4564

MARCOOLA

$380

$400

4567

CASTAWAYS BEACH

$360

$350

4573

COOLUM BEACH

$420

$395

4574

COOLABINE

$300

N.A.

4575

BIRTINYA

$430

$400

130

NOOSA SHIRE

$420

141

$395

155

$400

$375

172

4565

BOREEN

4566

NOOSAVILLE

4567

CASTAWAYS BEACH

4563

BLACK MOUNTAIN

$380

4568

FEDERAL

$350

4569

COORAN

$320

BRISBANE CITY $460HOUSE 20SALES (p) $410 JUN 14 $500

770 166

SEP4514 184010 1900

$445

$385

$350

$310

784 235

161

<$350,000

$350,000+

$500,000+

274

$1m+

SUNSHINE COAST REGIONAL

18 TOOWOOMBA $365 HOUSE SALES (p)

$365

4556

BUDERIM

$395

$390

4557

MOOLOOLABA

4558

1154

1157

Average vendor discounting also remained relatively 21 18 unchanged, however there was some improvement in <$350,000 $500,000+ $1m+ average days on market$350,000+ compared to three months earlier. (p) Preliminary. See explanatory notes for further information. REIQ, data provided by RP Data. ThisSource: indicates the Fraser Coast is continuing to recover from the bottom of the cycle, albeit at a steady pace.

101

The Fraser Coast house market has continued to show a steady demand housing <$350,000 for affordable $350,000+ $500,000+stock over $1m+the (p) Preliminary. See explanatory notes for further information. September quarter, particularly in Maryborough, where Source: REIQ, data provided by RP Data. preliminary sales numbers were up on the previous COAST NOOSA HOUSEatSALES quarter. Local SUNSHINE agents say that & this is typical this (p) time of year, however buyer enquiry JUN 14levels SEPhave 14 picked up 443 440 demand over recent months with for affordably priced properties the most prominent. 346 373 Despite sales volumes stabilising over the quarter, the Fraser Coastâ&#x20AC;&#x2122;s median house price was relatively stable, 79 76 up 0.5 per cent and over the year to September and43the 37 annual median up 1.7 per cent. <$350,000

$350,000+

$500,000+

$355

$330

$365

$400

$360

$415

$440

4560

BLI BLI

4564

MARCOOLA

4573

COOLUM BEACH NOOSA SHIRE

$490

4566

NOOSAVILLE

$550

4567

CASTAWAYS BEACH

$490

208 184$385

<$350,000

$350,000+

$450

$420

$500,000+

(p) Prelimi Source: RE

$1m+

SEP 14

194

185

41 <$350,000

$350,000+

$500,000+

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

GOLD COAST HOUSE SALES (p)

According to local agents overall confidence in the region JUN 14 SEP 14 remains robust, driven by improved local employment 575 548 Stockland opportunities at the new hospital and shopping 516 480 centre expansion. Local population growth remains healthy, with the region still being seen as a desirable place to live.

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

$400

JUN 14

1256

$350

FRASER COAST HOUSE SALES (p)

Following a strong June quarter, sales volumes on the Fraser Coast remained unchanged over the three months to 480time last year. September, a trend experienced the472 same

SEP 14

$400

294 296 MAROOCHYDORE

SEP 14

HOUSE MARKET

JUN 14

INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND

JUN 14

186

AROONA

BRISBANE SURROUNDS HOUSE SALES (p) 1272

$370

4551

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

FRASER COAST

HOUSES

RENTAL MARKET - 3 BED TOWNHOUSES

(p) Prelimi Source: RE

BUNDABERG HOUSE SALES (p) JUN 14

SEP 14

182 139

Average days on market for house sales also continue to improve slowly, down to an average 109 days over the year to September. Average vendor improved by 41 discounting 39 0.5 percentage points to 7.6 per cent over the 9 period. 7 According <$350,000 to local agents,$350,000+ the house market is definitely $500,000+ in(p)recovery however there is still a long way to go. Preliminary. Seemode explanatory notes for further information. Source: REIQ, data provided by RP Data.

UNIT MARKET

(p) Prelimin Source: REI

GLADSTONE HOUSE SALES (p)

While the house marketJUN is slowly recovering, the unit 14 SEP 14 market on the Fraser Coast is stabilising. Sales volumes 59 55eased nine per cent compared over the September quarter 48 43 to the previous quarter. Over the quarter, the median sale price also eased, down 5.9 per cent on the back of a drop in activity at the upper end of the market. Sales in 18 14 the sub-$250,000 bracket remained unchanged from the previous quarter. <$350,000

$350,000+

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

$500,000+

SEPTEMBER QUARTER 2014

23Prelimin (p) Source: REIQ

REGIONAL MARKET UPDATES

SALES MARKET - HOUSES

FRASER COAST CONTINUED In saying that, a recovery is not far away given the average vendor discounting rate has improved by 1.9 percentage points compared to the same time last year â&#x20AC;&#x201C; the best improvement of all regional unit markets. Average days on market are also continuing to come down. RENTAL MARKET

The Fraser Coast rental market, driven by steady population growth, continues to improve with vacancy rates at the end of September tightening to 2.1 per cent. This drop was attributed to a tightening of vacancies in Maryborough, where the vacancy rate dropped from 3.2 to 2.4 per cent over the three months to September. Hervey Bay remained unchanged at 1.9 per cent. Local agents say the tightening in the rental market is the result of a shortage of available UNITS properties relative to demand. An increase in the number of sales of former investment properties to owner occupiers and increased TOOWOOMBA UNIT SALES (p) migration to the area are other contributing factors. JUN 14 from62 the

SEP 14

According to figures RTA, the Fraser Coast region recorded modest increases in median weekly rents over 43 the September 38quarter, 36with vacancy levels also remaining tight since the end of June. Given the relative affordability of house and unit sale prices in the18region, current gross 14 7 third 5 rental yields for houses on the Fraser Coast is the highest of all major regional centres. <$250,000

$250,000+

$350,000+

$500,000+

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

FRASER COAST UNIT SALES (p) JUN 14 15 12

247

$286,500

0.5%

$295,000

1.7%

$373,750

1.0%

$370,000

1.4%

-2.6%

BOORAL ^

N/A

$372,000

N/A

BURRUM HEADS

N/A

$385,000

8.5%

-4.6%

$312,500

1.1%

$321,500

4.5%

-1.1%

KAWUNGAN

$330,000

-2.3%

$329,390

0.0%

2.6%

MARYBOROUGH ~

$215,000

14.4%

$205,500

2.8%

-11.8%

PIALBA

N/A

$300,000

9.1%

9.5%

POINT VERNON

$289,000

1.4%

$300,000

-3.2%

-2.6%

RIVER HEADS

N/A

$267,500

N/A

SCARNESS

$285,000

6.5%

$275,500

2.4%

-1.6%

TINANA

N/A

$280,000

4.5%

-6.7%

TOOGOOM

$335,250

N/A

$300,575

7.7%

-6.1%

TORQUAY

$305,000

-3.5%

$326,000

3.5%

0.0%

URANGAN

$303,500

-3.7%

$310,000

0.0%

0.2%

URRAWEEN

$340,000

3.2%

$338,000

0.0%

-3.8%

WONDUNNA

N/A

$423,750

N/A

-1.5%

$250,000

-2.3%

$256,000

-0.8%

-8.6%

SURROUNDS GYMPIE (LGA)

GYMPIE (LGA) ^ROCKHAMPTON ~ 85 CARTERS RIDGE ^

10 7

GYMPIE ~ KANDANGA ^ RAINBOW BEACH

$250,000+ 0

40 3

-7.2%

13 $235,000

6.8%

$235,000

2.0%

-11.3%

$250,000

N/A

$433,500

$286,250

-10.4%

$306,500

TIN CAN BAY ~

N/A

$290,000

SOUTH BURNETT (LGA) <$250,000

Source: REIQ, data provided by RP Data. KINGAROY 22

$222,250

5.8%

MURGON ~

N/A

MACKAY UNIT SALESN/A (p) 16 $200,000

77 18

52 10

-9.4%

-5.2% -11.1%

$245,000

-6.5%

-9.3%

$230,000

-1.1%

-9.3%

$140,000

-17.6%

-20.5%

$182,500

0.8%

-13.1%

$240,000

-5.9%

$260,000

0.0%

-7.1%

N/A

$312,500

19.8%

-3.5%

TORQUAY URANGAN

N/A N/A

$260,000

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

$247,000

N/A

$241,250

0.0%

$260,000

-10.2% -14.6%

-8.8%

-18.4%

0 $350,000+ 0 $500,000+

$250,000+ $260,000

JUN 14

N/A

12.2%

$350,000+ N/A

N/A

$271,022

N/A

1.6%

SEP 14

MACKAY LAND SALES (p)

55 - VACANT JUN 14 LAND SEP 14 SALES MARKET

0 0 $500,000+

FRASER COAST 41 (LGA) ~

40$150,000

FRASER COAST (LGA) ^

$100,000

N/A

GLENWOOD ^

3$350,000+

15.4%

$147,250

7.1%

0.0%

$85,000

3.7%

-16.7%

$70,000

-2.1%

$98,000

13 N/A11

-12.5%

$97,500

N/A

-26.6%

21N/A

N/A

WONDUNNA

6 $159,000 15 N/A $158,000 3N/A $250,000+ 1 $350,000+ 1 $500,000+

<$250,000

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

$350,000+

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

$250,000+

GYMPIE (LGA) ~ See explanatory notes18for further$126,500 (p) Preliminary. information. 15.0% Source: (REIQ, data provided by RP Data. GYMPIE LGA) ^ 19& CAIRNS

(p)

GYMPIE ~

222

137 84

0 $500,000+ 0 $350,000+

-7.1%

6.4%

$125,000 UNIT 13.6%SALES $120,000 DOUGLAS (p)

0.0%

-8.4%

13.0%

22.6%

JUN 14N/A

SEPN/A 14

$130,000

TOWNSVILLE LAND SALES (p)

106

<$250,000

$350,000+

N/A

$117,000

JUN 14

SEP 14

81 17

2 $350,000+

RIVER HEADS TOOGOOM ~ f

6 6 SEP 14

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

N/A

5 $250,000+

<$250,000

1 $250,000+

N/A -5.4%

<$250,000

N/A7 -3.9%

SEP 14

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

24 QUEENSLAND MARKET MONITOR

52 $200,000$350,000+ 2.6% $200,000 0.0% $250,000+ $500,000+

N/A

-15.3%

-6.5%

GYMPIE 7 N/A UNIT SALES N/A $255,000 Source: REIQ, data provided by RP Data. TOWNSVILLE (p)

JUN 14 LAND SEPSALES 14 (p) BUNDABERG

2.5%

$257,000

GYMPIE (LGA)

(p)

SEP 14

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

6 JUN 14

$262,500

N/A

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

$350,000+

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

3513 7

SEP 14 N/A 18

N/A

SCARNESS

4 2 $500,000+

3$350,000+

2 <$250,000

$250,000

$267,000

JUN 14 SEP 14 ROCKHAMPTON & LIVINGSTONE LAND SALES (p)

JUN 14

N/A

-6.6%

N/A

SOUTHSIDE ~

JUN 14 SEP 14 19 FRASER COAST LAND SALES (p)

57 9

$290,000 -13.7%UNIT $326,000 & LIVINGSTONE SALES0.3% (p) N/A

COOLOOLA COVE ~

PIALBA ~

$250,000+

JUN 14

CURRA ^

FRASER COAST (LGA)

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

0.0%

ELI WATERS

33 JUN 14

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

<$250,000

1YR 5YR CHANGE CHANGE

SALES MARKET - UNITS & TOWNHOUSES 4

2 $250,000+

ANNUAL MEDIAN SALE

FRASER COAST (LGA)

SEP 14

24 <$250,000

QTRLY CHANGE

FRASER COAST (LGA) ^

NANANGO ~

JUN 14 LAND SEP 14 TOOWOOMBA SALES (p)

MEDIAN SALE

SOUTH BURNETT (See LGA)explanatory ^ 34 for further $245,000 -7.9% (p) Preliminary. notes information.

LAND

21 21

NUMBER OF SALES

SUBURB

5 $250,000+

14 19

4 $350,000+ 2 $500,000+

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

$350,000+

-4.1%

REGIONAL MARKET UPDATES

RENTAL MARKET - 3 BED HOUSES POST CODE

RENTAL MARKET - 2 BED UNITS

SEP-14 LOCALITYL

$/WEEK

SEP-13

NEW BONDS $/WEEK

NEW BONDS

FRASER COAST REGIONAL

$280

323

$280

365

4650

ALDERSHOT

$260

103

$255

144

4655

BOORAL

$290

200

$290

197

4659

BEELBI CREEK

$280

$260

GYMPIE REGIONAL

$260

191

$255

175

4570

AMAMOOR

$253

142

$260

4580

COOLOOLA

$270

4581

EURONG

$280

4600

BLACK SNAKE

POST CODE

SEP-14 LOCALITYL

$/WEEK

SEP-13

NEW BONDS $/WEEK

NEW BONDS

FRASER COAST REGIONAL

$235

173

$225

152

4650

ALDERSHOT

$190

$180

4655

BOORAL

$250

125

$240

108

GYMPIE REGIONAL

$204

$200

4570

AMAMOOR

$200

129

4580

COOLOOLA

$210

$200

$255

4581

EURONG

$250

$230

$250

SOUTH BURNETT REGIONAL

$185

$180

$165

N.A.

4605

BARLIL

$185

N.A.

SOUTH BURNETT REGIONAL

$230

148

$230

129

4606

CHARLESTOWN

$175

N.A.

4605

BARLIL

$200

$195

4610

ALICE CREEK

$200

$185

4606

CHARLESTOWN

$220

$215

4615

BARKER CREEK FLAT

$160

N.A.

4608

CHARLESTOWN

$225

4610

ALICE CREEK

$250

$245

4615

BARKER CREEK FLAT

$230

RENTAL MARKET - 3 BED TOWNHOUSES 4655 4570

BUNDABERG

FRASER COAST REGIONAL

$325

$300

BOORAL

$325

$300

GYMPIE REGIONAL

$265

$280

AMAMOOR

$270

$330

Bundaberg real estate is on the verge of a renaissance as buyers grow more confident amid improving market sentiment and a local economy starting to show green shoots of recovery.

According to the REIQ’s price point data, sub-$350,000 sales were up 30 per cent in the September quarter, with sales relatively steady in the $350,000-plus and $500,000plus price brackets.

Investors and first home buyers are playing an increasingly active role in the local real estate market as a series of key economic development projects get underway in the city.

Some suburbs recorded impressive price growth over the quarter, including Bundaberg North (7.6 per cent), Norville (6.4 per cent) and Walkervale (six per cent).

An expansion of the Port of Bundaberg and the increased presence of a number of major retailers are fuelling hopes of renewed population growth as the city continues to rebound from the 2013 floods.

UNIT MARKET

HOUSE MARKET

House sales volumes in Bundaberg were up an impressive 19 per cent in the September quarter, the third highest of any Queensland regional centre. There was also double digit growth in acreage sales (10 per cent) and unit and townhouse sales (13 per cent). Average days on market crept up slightly in the September quarter to 89 days but they are still lower than the corresponding period last year. Average vendor discounting was also slightly up at 7.6 per cent in the three months to September, a full two percentage points lower compared to September 2013. Despite rising sales volumes, median house prices in Bundaberg eased 5.3 per cent to $268,995 in the three months to September. This easing trend is the result of a rising volume of sales at the lower end of the market, particularly in the sub $350,000 price bracket. Local agents confirm buyers are most active in the sub-$350,000 price bracket, with first home buyers and investors eyeing potential capital growth.

Bundaberg’s unit and townhouse market recorded a 13 per cent increase in sale volumes in the three months to September. The strongest growth in sale volumes was at the lower end of the market, with sales more than doubling in the sub$250,000 price bracket. Sale volumes in the $250,000-plus price brackets recorded modest increases, however the concentration of activity at the lower end of the market saw median unit prices ease 12.1 per cent to $235,000. RENTAL MARKET

According to the REIQ’s latest rental survey, Bundaberg has one of the stronger rental markets in regional Queensland. The survey shows the local rental market has moved into healthy conditions with a vacancy rate of 2.9 per cent, down one point from the previous quarter. Local agents say an oversupply of rental properties is starting to clear amid expectations of better investor returns in an improving market heading into 2015.

SEPTEMBER QUARTER 2014

REGIONAL MARKET UPDATES

RENTAL MARKET - 3 BED HOUSES

SALES MARKET - HOUSES

POST NUMBER OF SALES

SUBURB

MEDIAN SALE

ANNUAL MEDIAN SALE

QTRLY CHANGE

1YR 5YR CHANGE CHANGE

BUNDABERG (LGA)

232

$268,995

-5.3%

$279,000

1.5%

2.2%

BUNDABERG (LGA) ^ ~

$320,000

-10.5%

$350,000

3.2%

7.7%

AVENELL HEIGHTS

$264,000

N/A

$278,000

-0.5%

-1.5%

AVOCA

N/A

$310,000

0.3%

1.5%

BARGARA

$365,000

-2.7%

$369,000

-0.3%

6.2%

BRANYAN ^

N/A

$389,000

8.1%

BUNDABERG EAST

N/A

$260,000

2.0%

-7.2%

BUNDABERG NORTH

$247,500

7.6%

$214,500

4.6%

-9.1%

BUNDABERG SOUTH

$265,000

6.0%

$225,000

-2.2%

-6.1%

BURNETT HEADS ~

N/A

$282,500

10.1%

2.7%

ELLIOTT HEADS

N/A

$295,000

-4.7%

N/A

KALKIE

N/A

$329,000

-4.6%

-0.3%

KEPNOCK

$286,000

1.2%

$268,000

-0.4%

-2.5%

MILLBANK

N/A

$250,000

0.4%

2.9%

10 $227,750 6.4% $235,000 TOOWOOMBA HOUSE SALES (p)

NORVILLE SVENSSON HEIGHTS ~

THABEBAN

WALKERVALE

HOUSES

296

294

$250,000

JUN 14

$245,500

SURROUNDS

184

-2.1%

$258,500

2.2%

3.4%

N/A

$279,500

0.7%

5.5%

6.0%

$230,000

-2.1%

0.4%

SEP 14

N/A

-5.2%

-11.3%

CODE

SEP-14

$175,000

25.0%

$148,750

-6.7%

-9.8%

GAYNDAH

N/A

$180,000

-9.1%

7.8%

$350,000+ $235,000

-12.1%

(p) Preliminary. See explanatory notes for further information. BARGARA 8 N/A N/A Source: REIQ, data provided by RP Data.

UNITS

$285

331

$285

342

4660

ABINGTON

$255

$260

4670

ABBOTSFORD

$290

305

$290

299

4671

BOOLBOONDA

$250

NORTH BURNETT REGIONAL

$235

$220

4625

ARANBANGA

$245

$250

4626

BEERON

$250

4630

BANCROFT

$190

$160

RENTAL MARKET - 2 BED UNITS 4670 4625

BUNDABERG REGIONAL

$230

179

$230

188

ABBOTSFORD

$230

172

$230

184

NORTH BURNETT REGIONAL

$180

N.A.

ARANBANGA

$176

N.A.

ROCKHAMPTON & LIVINGSTONE HOUSE SALES (p) RENTAL MARKET - 3 BED TOWNHOUSES BUNDABERG REGIONAL 4670

153

194

BUNDABERG (LGA)185 ^

BARGARA

43 43 38 BURNETT HEADS

BRANYAN ^

INNES PARK

MOORE PARK BEACH

$144,000

0.0%

SEP 14 JUN JUN 14 14 SEP 14 N/A 62 N/A 57

236

N/A

46 41$125,000 $144,00018

11 10

<$350,000

-2.5%

$328,500

-0.5%

6.3%

9.1%

$142,500

1.8%

-1.7%

$169,900

6.2%

-4.0%

$143,250

2.3%

N/A

$101,500

N/A

$123,000

14 $144,000

N/A 14

31 N/A

N/A

2.9% 24 N/A

6 0.0% 5

<$350,000

64 60

56 13 9

$500,000+ $500,000+

<$350,000

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

255

30 $500,000+

7 <$350,000

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

(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.

<$350,000

$350,000+

4 8

10 2 16 0 $500,000+

SUNSHINE COASTUNIT & NOOSA LAND SALES (p) GLADSTONE SALES (p) 6

193 40

<$350,000

1 $350,000+

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

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

222

JUN 14JUN 14SEP 14SEP 14

13 11 0 0 $500,000+

$350,000+ $500,000+

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

26 QUEENSLAND MARKET MONITOR JUN 14SEP 14SEP 14 JUN 14

(p) Prelimina Source: REIQ

265 JUN 14 JUN 14SEP 14SEP 14

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

$350,000+ $500,000+

JUN 14 SEP 14 BUNDABERG TOWNSVILLE UNITLAND SALESSALES (p) (p) 208 60 49 55 146 40 47

(p) Prelimina Source: REIQ

Bundaberg real estate is on the verge of 47 a 49 renaissance as buyers 10 10 5 3 3 grow more confident... $350,000+ $500,000+ 0 0 0

CAIRNS & DOUGLAS HOUSE SALES (p)

59 14SEP 14 JUN 14JUN 14SEP 55

$350,000+ $500,000+

SEP 14

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

JUNCOAST 14UNITLAND SEP 14 BUNDABERG SALES (p) (p) GOLD SALES

JUN 14 SEP 14 SEP 14 JUN 14 183 33 174

GLADSTONE HOUSE SALES (p)

2 $500,000+

JUN 14

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

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

2 $350,000+

$350,000+

19 48 102 43 88

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

39 22

167 57

SEP 14

TOWNSVILLE HOUSE SALES (p)

341

6 4 36

$500,000+

84 JUN 14 SEP 14 SEP 14 JUN 14 18

13 13

JUN 14JUN 14 SEP 14 SEP 14

$350,000+

TOOWOOMBA LANDUNIT SALES (p) (p) ROCKHAMPTON & LIVINGSTONE SALES 94

Includes IPSWICH, LOGAN, MORETON BAY & REDLAND

LAND

JUN 14UNITSEP 14 (p)SALES (p) FRASER COAST SALES BRISBANE SURROUNDS LAND

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

<$350,000

BUNDABERG HOUSE SALES (p)

$300

N/A

$500,000+

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

$300

JUN 14

0.0%

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

379 2113921

$325

MACKAY HOUSE SALES (p)

$144,000

$350,000+

182

SEP 14

$320

$500,000+ $249,500 1.8%

JUN 14 SEP 14 SALES MARKETTOOWOOMBA - VACANT LAND BRISBANE CITY LAND SALES UNIT SALES (p) (p) 51

JUN 14

ABBOTSFORD 163

FRASER COAST HOUSE SALES (p) BUNDABERG (LGA)

NEW BONDS

BUNDABERG REGIONAL

SALES MARKET - UNITS & TOWNHOUSES 34

SEP-13

NEW BONDS $/WEEK

208

NORTH BURNETT (LGA) ~

<$350,000 BUNDABERG (LGA) ~

$/WEEK

LOCALITYL

(p) Prelimina Source: REIQ

REGIONAL MARKET UPDATES

GLADSTONE

With the first phase of LNG exports due to get underway from the Port of Gladstone in 2015, hopes are high that the regional economy is setCITY to embark on a(p)new phase BRISBANE LAND SALES of growth. JUN 14

SEP 14

Local agents report the Gladstone market continues to 57 49 return to43normality after the frenzy of activity over the last 40 40 two years, largely driven by external marketeers. 31 29

They also point to new community infrastructure recently completed at Eastern Shores as further evidence that Gladstone could be poised for a strong real estate recovery. HOUSE <$250,000 MARKET

$250,000+

$350,000+

$500,000+

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

HOUSES House sale volumes in Gladstone recorded impressive double digit growth of SURROUNDS 11 per cent LAND in theSALES September BRISBANE (p) Includes IPSWICH, LOGAN, MORETON BAY & REDLAND quarter, with unitTOOWOOMBA and townhouse easing four per cent. HOUSE SALES (p) JUN CITY 14 UNIT SEP SALES 14 BRISBANE (p) of 14 per cent Acreage379 sales recorded very healthy growth JUN 14 SEP 14 341 JUN 14 SEP 14 in this period. 294

296

860 875

Average days on market were down to 114 days in 208 Gladstone in the three months 184 to September, their lowest 454 508 71 2013. level at any time since 59 36 363 384 22

60 per 56 cent Average vendor discounting was steady at 9.8 62 57 54 45 <$250,000 $250,000+ $350,000+ $500,000+ in the September quarter and down marginally since the (p) Preliminary. See explanatory notes for further information. same time inprovided 2013. <$350,000 $350,000+ $500,000+ Source: REIQ, data by RP Data. <$250,000 $250,000+ $350,000+ $500,000+

$1m+

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

Gladstone’s median house price eased 4.1 (p)per cent to $374,000 in the September quarter, driven by an increase JUN 14 HOUSE SEP 14 FRASERSURROUNDS COAST SALES (p) (p) BRISBANE UNIT SALES in transactions at the middle-to-lower end 102INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLANDof the market. JUN 14 JUN 14

SEP 14 SEP 14

The REIQ’s price point data confirms this market trend, 282 260in both the sub-$350,000 and $350,000260 194 showing increases 185 197 brackets. Sale plus price were down in the 33 volumes 28 $500,000-plus category. 132 16 10 10 8 Sales volumes rose a healthy per cent in Agnes 41 1046 46 51 5 6 5also Water in<$250,000 the September quarter, $350,000+ with some 14 suburbs $250,000+ $500,000+

LAND

UNIT MARKET

While Gladstone unit and townhouse sale volumes eased TOOWOOMBA LANDto SALES (p) four per cent in the three months September, the city nonetheless recorded JUN an 14 impressive SEP 14 rise in median prices. 60

The median unit price in Gladstone was up 12.1 per cent to $370,000 in the September quarter, spurred by a drop in lower-to-middle end sale volumes. 24

Unit sale volumes halved in the sub-$250,000 price 4 3 with transactions bracket in the September quarter, in the 2 2 $250,000-to-$350,000 price bracket down two-thirds. <$250,000

$250,000+

JUN 14

43 to the REIQ’s latest rental survey, the According 38 36 residential vacancy rate in Gladstone was 4.7 per cent 69 68 3 18 in the September quarter –0 down from 5.6 per 0 the 0 cent 14 20 7 26 previous quarter. 5

<$250,000

$250,000+

41 <$250,000

$250,000+

21 290 15 276

36 7 59 9$500,000+

$350,000+

(p) Preliminary. See explanatory notes for further information. <$350,000 $350,000+ $500,000+$500,000+ $250,000+ $350,000+ $1m+ Source: <$250,000 REIQ, data provided by RP Data.

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

197 203 48

1 <$250,000

$250,000+

19 14 255

3 $350,000+0 $500,000+ $500,000+

(p) Prelimi Source: RE

(p) Preli Source:

167 9

JUN JUN 14 14 SEP SEP 14 14

174 10 0

<$250,000

1 2

$250,000+

146

1 49 2 $350,000+0 $500,000+ $500,000+

(p) Prelim Source: R

(p) Preli Source:

208

6 4

SEPSEP 14 14 265 6 6

193

14 27 21

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

1 47

CAIRNS & DOUGLAS HOUSE SALES (p) GLADSTONE UNIT SALES (p) 6

105 112

183

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

JUN JUN 14 14

59 55 194 177

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

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

SEP SEP1414

105 108

(p) Prelim Source:

JUN 14 SEP 14 SEP 14 JUN 14 94 84

40 21 21

GLADSTONE SUNSHINE COAST &HOUSE NOOSASALES UNIT (p) SALES (p) JUN JUN1414

(p) Prelim Source: R

MACKAY (p) JUN 14 HOUSE SEPSALES 14 FRASER COAST UNIT SALES (p)

$350,000+

(p) Preliminary. See explanatory notes for further information. Local agents are cautiously $350,000+ optimistic the rebounding $500,000+ Source: REIQ, data <$350,000 provided by RP Data. <$250,000 $250,000+ $350,000+ $500,000+ local economy will result in stronger (p) Preliminary. See explanatory notes for further information. tenant demand and a (p) Preliminary. See explanatory notes for further information. Source: REIQ, data providedBUNDABERG by RP Data. Source: REIQ, data provided by RP Data. in theLAND healthier rental market NewSALES Year. (p)

TOWNSVILLE SALES(p) (p) JUN 14 HOUSE SEPSALES 14 BUNDABERG UNIT

JUNJUN 14 14 SEP SEP 14 14 182 560 46 520 451 457 139 35

273 296

SEP 14

JUN 14 SEP weak, 14 Gladstone’s rental market remains with an 62 163 oversupply153 of properties pushing up the vacancy rate.

JUN 14 HOUSE SEP 14 (p) BUNDABERG SALES (p) GOLD COAST UNIT SALES

(p) Prelimi Source: RE

& 14 LIVINGSTONE JUN SEP 14 HOUSE SALES (p) RENTAL ROCKHAMPTON MARKETTOOWOOMBA UNIT SALES (p)

111

(p) Preliminary. See explanatory notes for further information. recording healthy median price increases during this Source: REIQ, data provided$250,000+ by RP Data. <$350,000 $350,000+ <$250,000 $350,000+ $500,000+$500,000+ $1m+ period. These included Boyne Island (11.5 per cent) and (p) Preliminary. Preliminary. See See explanatory notes for (p) further information. SUNSHINE & NOOSA LAND SALES (p) Source: REIQ, REIQ, data data provided by RP Data. Source: provided West Gladstone (10.4COAST per cent).

$350,000+

(p) Preliminary. See explanatory for further Sale volumes werenotes steady ininformation. the $350,000-plus and Source: REIQ, data provided by RP Data. $500,000-plus price brackets, with local agents confirming UNITS buyer interest was strongest these categories. FRASER COASTin LAND SALES (p)

<$350,000 <$250,000

$350,000+ $250,000+ $350,000+

3 95

$500,000+

(p) Prelim Source:

SEPTEMBER QUARTER 2014

REGIONAL MARKET UPDATES

SALES MARKET - HOUSES NUMBER OF SALES

SUBURB

SALES MARKET - VACANT LAND MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

NUMBER OF SALES

SUBURB

MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

GLADSTONE

132

$374,000

-4.1%

$400,000

-8.3%

9.6%

GLADSTONE (LGA) ~

$214,000

25.9%

$220,000

4.8%

GLADSTONE ^ ~

$465,000

34.8%

$472,500

-14.1%

7.4%

GLADSTONE (LGA) ^

N/A

$210,000

-18.0%

2.4%

AGNES WATER ^ ~

N/A

$340,000

-17.1%

N/A

AGNES WATER

N/A

$216,500

N/A

KIRKWOOD ~ *

N/A

$230,000

-7.8%

28.5%

BOYNE ISLAND ~

$445,000

11.5%

$431,250

-9.7%

10.6%

CALLIOPE

N/A

$417,500

-4.0%

9.9%

CLINTON ~

$340,000

-7.1%

$375,000

-10.7%

2.7%

GLEN EDEN ~

N/A

$412,000

-18.0%

-10.4%

KIN KORA

N/A

$370,000

-8.6%

3.1%

POST

KIRKWOOD ~

N/A

$460,000

-12.2%

N/A

CODE

NEW AUCKLAND ~

$354,000

N/A

$395,000

-10.2%

3.3%

SOUTH GLADSTONE ~

$335,000

N/A

$355,500

-12.2%

7.4%

TANNUM SANDS

$483,000

-4.5%

$493,500

0.7%

11.8%

TELINA

N/A

$402,500

-8.5%

6.8%

WEST GLADSTONE ~

$362,500

10.4%

$372,500

-10.0%

17.3%

25.7%

RENTAL MARKET - 3 BED HOUSES SEP-14 $/WEEK

LOCALITYL

SEP-13

NEW BONDS $/WEEK

NEW BONDS

GLADSTONE REGIONAL

$320

295

$430

264

4677

AGNES WATER

$300

$320

4680

GLADSTONE

$320

280

$440

238

BANANA SHIRE

$300

$310

4715

BILOELA

$330

$340

4718

BAUHINIA

$250

$280

SURROUNDS BANANA (LGA)

$271,500

6.5%

$272,000

4.6%

3.8%

BILOELA ~

$318,250

14.1%

$310,000

14.8%

8.8%

RENTAL MARKET - 2 BED UNITS 4680

SALES MARKET - UNITS & TOWNHOUSES

GLADSTONE REGIONAL

$250

238

$370

201

GLADSTONE

$250

237

$370

198

BANANA SHIRE

$250

$265

GLADSTONE (LGA) ~ t

$370,000

12.1%

$354,000

10.6%

11.5%

4715

BILOELA

$260

$265

AGNES WATER

N/A

$323,000

-0.9%

-22.2%

4718

BAUHINIA

$200

GLADSTONE CENTRAL

N/A

$437,500

0.6%

N/A

RENTAL MARKET - 3 BED TOWNHOUSES 4680

GLADSTONE REGIONAL

$350

$480

GLADSTONE

$350

$480

ROCKHAMPTON Rockhamptonâ&#x20AC;&#x2122;s real estate market is set to enter the recovery phase, with a potential upswing in the rural sector expected to feed into the broader economy. Local agents are increasingly confident about the future prospets of the local real estate market if, as expected, the imminent export of LNG from Central Queensland helps to spark a wider regional economic recovery. HOUSE MARKET

House sale volumes rose steadily in the September quarter along with unit and townhouse sales. Acreage sales recorded double digit growth of 11 per cent. Average days on market crept up slightly in the September quarter to 88 days but they are still lower than the corresponding period last year. Average vendor discounting was relatively steady at 7.9 per cent in HOUSES the three months to September and still almost two percentage points lower compared to September 2013. TOOWOOMBA HOUSE SALES (p)

Sale volumes increased six per cent in Rockhampton in JUN 14 SEP 14 the three months to September, with the median sale price easing 3.6294 per 296 cent to $305,000.

There were also small increases in the $350,000-plus and $500,000-plus price brackets. Some suburbs including Norman Gardens (13.7 per cent) and Wandal (5.3 per cent) recorded impressive price growth in the three months to September. UNIT MARKET

Rockhampton unit and townhouse sales recorded a solid increase in volume in the September quarter, rising eight per cent. Median unit prices held relatively steady at $415,000, with local agents reporting buyer interest by far the strongest around this price point. Sales in the $250,000-$350,000 price bracket held steady, with sub-$250,000 and $500,000-plus sales also registering healthy growth. ROCKHAMPTON & LIVINGSTONE HOUSE SALES (p) JUN 14 153

163

208 This easing reflects the higher volume of transactions 184 at the lower end of the market, most notably in the sub$350,000 price bracket. 60

FRASER COAST HOUSE SALES (p) JUN 14

SEP 14

Sales in the sub-$350,000 price bracket accounted for almost two-thirds of all transactions in the September <$350,000 $350,000+ $500,000+ quarter, with local agents reporting (p) Preliminary. See explanatory notes for further information. a high level of inquiries data provided by RP Data. inSource: thisREIQ, category. 28 QUEENSLAND MARKET MONITOR

SEP 14

20 <$350,000

$350,000+

$500,000+

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

MACKAY HOUSE SALES (p) JUN 14

SEP 14

REGIONAL MARKET UPDATES

ROCKHAMPTON CONTINUED

SALES MARKET - HOUSES SUBURB

RENTAL MARKET

Rockhampton’s sluggish rental market is showing signs of improvement heading into 2015. According to the REIQ’s latest rental survey, the residential vacancy rate in Rockhampton was 4.1 per cent in the September quarter – down from 4.8 per cent the previous quarter. Local agents say the oversupply of rental stock is clearing and there are no significant additions to the local market due to come online in the near future. They say it’s still largely a renters market and haven’t ruled out the possible return to a more healthy rental market in 2015.

NUMBER OF SALES

MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

ROCKHAMPTON (LGA)

169

$305,000

-3.6%

$311,250

-2.7%

ROCKHAMPTON (LGA) ^

$350,000

N/A

$380,000

0.3%

6.8% -0.3%

ALLENSTOWN

N/A

$270,000

3.8%

13.0%

FRENCHVILLE

$345,500

2.1%

$345,000

0.0%

7.8%

GRACEMERE

$310,000

-3.0%

$320,000

-5.9%

0.3%

KAWANA

N/A

$320,000

2.2%

8.8%

KOONGAL

$276,250

N/A

$272,250

2.4%

4.7%

MOUNT MORGAN ~

N/A

$112,500

-18.5%

-19.6%

NORMAN GARDENS ~

$415,000

13.7%

$380,000

-5.0%

6.7%

PARK AVENUE

$258,000

-4.4%

$279,500

3.5%

13.8%

THE RANGE

$400,000

2.4%

$362,500

0.7%

10.9%

WANDAL

$300,000

5.3%

$285,000

0.0%

1.8%

WEST ROCKHAMPTON

N/A

$255,000

-3.8%

2.4%

SURROUNDS CENTRAL HIGHLANDS (LGA) ~

$305,000

-18.1%

$350,000

-16.7%

6.1%

EMERALD ~

$369,000

-1.6%

$367,000

-14.7%

1.7%

LIVINGSTONE (LGA)

$319,500

-3.2%

$343,250

-1.1%

6.9%

LIVINGSTONE (LGA) ^

$520,000

8.3%

$512,500

5.7%

12.5%

BERSERKER

$225,000

-5.9%

$235,000

-6.0%

-4.1%

EMU PARK

N/A

$340,000

4.6%

10.4%

LAMMERMOOR

N/A

$468,500

6.5%

7.7%

ROCKYVIEW ^

N/A

$550,000

N/A

TARANGANBA

N/A

$410,000

7.9%

YEPPOON ~

$360,000

9.1%

$360,000

-11.4%

3.2%

ZILZIE

N/A

$370,000

-3.1%

0.0%

SALES MARKET - UNITS & TOWNHOUSES

Rockhampton’s real estate market is set to enter the recovery phase...

ROCKHAMPTON (LGA)

$415,000

-0.6%

$358,500

23.6%

32.8%

ROCKHAMPTON CITY

$450,000

3.2%

$439,462

N/A

-14.7%

SURROUNDS LIVINGSTONE (LGA)

$304,500

5.9%

$339,500

9.9%

17.1%

YEPPOON

$263,250

N/A

$324,500

-0.2%

10.0%

SALES MARKET - VACANT LAND

ROCKHAMPTON & LIVINGSTONE LAND SALES (p) JUN 14

SEP 14

77 52

5 <$250,000

$250,000+

13 13

<$250,000

SEP 14 18

$250,000+

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

$170,000

11.1%

36.0%

$148,139

0.1%

34.7%

NORMAN GARDENS

$185,900

N/A

$179,950

0.0%

6.5%

CENTRAL HIGHLANDS (LGA) ~

N/A

$156,250

0.8%

42.0%

EMERALD

N/A

$155,000

0.0%

24.0%

LIVINGSTONE (LGA)

$175,000

1.2%

$172,000

1.2%

7.5%

LIVINGSTONE (LGA) ^

N/A

$235,000

2.2%

9.3%

PARKHURST

N/A

$172,000

1.8%

N/A

YEPPOON

N/A

$178,899

-0.6%

4.0%

ZILZIE

N/A

$170,000

-2.9%

6.3%

POST

7.9% N/A

CODE

14 SEP 14 UNIT SALES (p) ROCKHAMPTONJUN & LIVINGSTONE

$183,900 N/A

RENTAL MARKET - 3 BED HOUSES

MACKAY LAND SALES (p) JUN 14

46 7

$350,000+

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

ROCKHAMPTON (LGA) ~ GRACEMERE ~ *

6 37

$350,000+ $500,000+

SEP-14 LOCALITYL

$/WEEK

SEP-13

NEW BONDS $/WEEK

NEW BONDS

ROCKHAMPTON REGIONAL

$300

317

$340

428

4700

ALLENSTOWN

$300

$320

4701

BERSERKER

$310

201

$335

163

4714

BAREE

$200

$210

LIVINGSTONE SHIRE

$307

175

4702

ALBERTA

$300

$335

4703

ADELAIDE PARK

$330

$355

4710

EMU PARK

$300

$340

CENTRAL HIGHLANDS REGIONAL

$250

123

$330

181

4717

BLACKWATER

$250

$330

4720

EMERALD

$270

$350

(p)

JUN 14 SALES SEP(p) 14 MACKAY UNIT

106 84

JUN 14

SEP 14

SEPTEMBER QUARTER 2014

REGIONAL MARKET UPDATES

RENTAL MARKET - 2 BED UNITS POST CODE

RENTAL MARKET - 3 BED TOWNHOUSES SEP-14

$/WEEK

LOCALITYL

SEP-13

NEW BONDS $/WEEK

NEW BONDS

ROCKHAMPTON REGIONAL

$230

185

$260

272

4700

ALLENSTOWN

$240

$250

4701

BERSERKER

$230

129

$250

131

LIVINGSTONE SHIRE

$270

$200

$300

ROCKHAMPTON & LIVINGSTONE HOUSE SALES (p)

4702

ALBERTA

4703

ADELAIDE PARK

$200

JUN 14 $280

SEP6314

CENTRAL HIGHLANDS REGIONAL

$220

$290

4717

153 BLACKWATER

$60

$200

4720

EMERALD

$220

$290

163

<$350,000

$350,000+

4720

SEP-13

NEW BONDS $/WEEK

NEW BONDS

ROCKHAMPTON REGIONAL

$300

$380

BERSERKER

$300

N.A.

LIVINGSTONE SHIRE

$465

ALBERTA

$550

CENTRAL HIGHLANDS REGIONAL

$300

EMERALD

$290

N.A.

$340

$320

$500,000+

Buyers at the middle-to-lower end of the market were most active in the September quarter, with Mackay house sales in the sub-$350,000 price bracket recording a healthy rise.

MACKAY HOUSE SALES (p) 84

4702

$/WEEK

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

JUN 14

4701

SEP-14 LOCALITYL

69 20

MACKAY

POST CODE

SEP 14

Sales were also up in the $350,000-plus price bracket and relatively steady above $500,000.

64 31

Acreage sales rose five per cent, with the median price also up 2.9 per cent to $475,000. UNIT MARKET

<$350,000

$350,000+

$500,000+

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

TOWNSVILLE HOUSE SALES (p)

Mackay’s real estate market appears JUN 14 SEP to 14 be stabilising as local agents find renewed grounds for cautious optimism 255 that better times are ahead in 2015. 174

183

167 rental vacancy rate is still the highest While the city’s in the state and the local economy continues to face tough conditions, some key indicators are pointing 49 to a 47 potential recovery. $350,000+ $500,000+ House sale<$350,000 volumes recorded an impressive 14 per cent (p) Preliminary. See explanatory notes for further information. rise in the three months to September, with unit sales also Source: REIQ, data provided by RP Data. posting an increase in activity.

CAIRNS & DOUGLAS HOUSE SALES (p)

There’s growing confidence that the local economic cycle JUN 14 SEP 14 has bottomed out, as important infrastructure projects 265 including a new airport motel add to the sense of optimism 193 in the region. 208 146

The Diversify Mackay Leadership Alliance comprising key 95 business, industry and education groups is64also adding impetus to the potential economic recovery. Local agents believe the Mackay real estate$500,000+ market may <$350,000 $350,000+ be(p)nearing the bottom offurther theinformation. cycle and that there is real Preliminary. See explanatory notes for Source: REIQ, data provided by RP Data. potential for improved sales volumes heading into 2015. HOUSE MARKET

Average days on market crept up slightly in the September quarter to 96, with average vendor discounting also slightly up at 9.1 per cent. While the median sale price in Mackay eased one per cent in the September quarter to $391,000, some suburbs recorded impressive growth in this period. The median house price in North Mackay was up an impressive of 20.4 per cent to $494,000 in the three months to September. 30 QUEENSLAND MARKET MONITOR

Unit sales numbers in Mackay recorded growth in the September quarter, recording healthy increases in all price brackets, particularly in the $250,000-$350,000 price point. Sales in the sub-$250,000 price bracket nearly doubled, with the $350,000-plus sector of the market also recording encouraging growth. The median unit price eased 1.3 per cent , reflecting the higher volume of transactions at the middle-to-lower end of the market. Average days on market and average vendor discounting in the Mackay unit market however are down compared to a year ago, signalling the bottom of the market is yet to be reached. RENTAL MARKET

According to the REIQ’s latest rental survey, Mackay has the weakest rental market in Queensland – largely the result of challenging economic conditions caused by the mining investment downturn. The survey shows a rental vacancy rate of 8.4 per cent in the September quarter, up from 6.8 per cent in the previous quarter. Local agents say Self-Managed Super Fund investment has come to a standstill, with rents on some properties plunging by up to 50 per cent. They say the lower returns are making properties far more attractive to renters amid hopes that increased affordability will lead to renewed population growth and economic development in 2015.

REGIONAL MARKET UPDATES

RENTAL MARKET - 3 BED HOUSES

SALES MARKET - HOUSES

POST NUMBER OF SALES

SUBURB

MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

MACKAY (LGA)

198

$391,000

-1.0%

$406,000

-3.5%

5.6%

MACKAY (LGA) ^

$475,000

2.9%

$480,000

-7.7%

5.5%

ANDERGROVE

$372,500

3.5%

$380,000

-8.4%

0.0%

BEACONSFIELD

$387,000

N/A

$411,000

-4.4%

5.0%

BLACKS BEACH

$420,000

N/A

$450,000

0.4%

-4.2%

BUCASIA

N/A

$400,000

-6.7%

2.2%

EAST MACKAY

$403,500

N/A

$400,000

-5.4%

8.7%

EIMEO

N/A

$435,000

-7.9%

-0.6%

GLENELLA ~

$460,000

-6.9%

$465,000

-11.5%

-4.6%

MARIAN

$474,750

N/A

$480,000

7.9%

21.5%

MOUNT PLEASANT

N/A

$440,000

-1.1%

6.0%

NORTH MACKAY ~

$325,000

20.4%

$330,000

-12.2%

-0.8%

OORALEA

N/A

$464,000

-8.1%

5.5%

RURAL VIEW

$459,000

N/A

$464,500

-9.4%

6.8%

SARINA ~

N/A

$305,000

-10.9%

0.3%

SLADE POINT

N/A

$342,200

-9.4%

-3.7%

SOUTH MACKAY ~

$332,500

-12.5%

$365,000

-5.2%

5.2%

WALKERSTON

N/A

$485,000

12.8%

21.4%

WEST MACKAY

$360,000

-0.6%

$380,000

-0.1%

7.8%

CODE

SEP-14 $/WEEK

LOCALITYL

SEP-13

NEW BONDS $/WEEK

NEW BONDS

MACKAY REGIONAL

$345

433

$395

460

4737

ARMSTRONG BEACH

$320

$370

4740

ALEXANDRA

$350

346

$400

347

4741

BALL BAY

$300

$360

4750

BUCASIA

$345

$380

4751

GREENMOUNT

$330

$380

4753

DEVEREUX CREEK

$330

$390

ISAAC REGIONAL

$275

157

$350

159

4721

CLERMONT

$280

$400

4744

MORANBAH

$290

101

$375

4745

DYSART

$220

$250

4746

GERMAN CREEK

$300

$162

WHITSUNDEY REGIONAL

$320

143

$350

158

4800

ANDROMACHE

$320

$330

4802

AIRLIE BEACH

$395

$420

4804

COLLINSVILLE

$275

$250

4805

BINBEE

$270

$320

RENTAL MARKET - 2 BED UNITS POST CODE

SURROUNDS

SEP-14 $/WEEK

LOCALITYL

SEP-13

NEW BONDS $/WEEK

NEW BONDS

MACKAY REGIONAL

$250

300

$320

286

ISAAC (LGA) ~

$200,000

-7.0%

$230,000

-38.2%

-43.2%

4737

ARMSTRONG BEACH

$225

$270

DYSART

$106,000

N/A

4740

ALEXANDRA

$260

267

$320

252

MORANBAH ~

N/A

$310,000

-24.8%

-27.9%

4750

BUCASIA

$190

$280

4751

GREENMOUNT

$180

$300

ISAAC REGIONAL

$250

$260

WHITSUNDAY (LGA)

$370,000

-3.9%

$390,000

4.3%

1.3%

WHITSUNDAY (LGA) ^

$402,500

N/A

$460,000

-8.0%

-5.2%

4721

CLERMONT

$200

$280

BOWEN

$347,500

N/A

$362,500

5.1%

3.6%

4742

BURTON

$275

N.A.

CANNONVALE

$450,000

0.0%

$450,000

8.4%

-4.3%

4744

MORANBAH

$250

$255

JUBILEE POCKET

N/A

$400,000

1.3%

-8.7%

4746

GERMAN CREEK

$250

N.A.

PROSERPINE ~

$222,500

-27.3%

$285,000

-16.2%

-9.5%

WHITSUNDEY REGIONAL

$280

177

$290

166

4800

ANDROMACHE

$230

$220

4802

AIRLIE BEACH

$300

123

$300

109

4805

BINBEE

$250

$260

SALES MARKET - UNITS & TOWNHOUSES MACKAY (LGA)

$301,030

-1.3%

$310,000

-1.6%

5.1%

MACKAY ~

$286,322

N/A

$290,172

-18.8%

-1.5%

RENTAL MARKET - 3 BED TOWNHOUSES SURROUNDS

POST

WHITSUNDAY ~ *

$250,000

-15.3%

$291,250

1.3%

-10.4%

AIRLIE BEACH *

$391,000

8.6%

$377,000

7.7%

-20.2%

CANNONVALE ~

$236,000

-14.6%

$260,750

-1.6%

-11.6%

LAND

18.9%

ANDERGROVE

N/A

BLACKS BEACH

RURAL VIEW

SHOAL POINT

0+ 000+

N/A 14 JUNJUN 14N/A 14 14 SEPSEP 18 N/A N/A

3 3

N/A

13 13

$180,000 $190,000

-5.0%

0.5%

N/A

$219,000

-0.5%

15.3%

N/A

$208,000

-3.3%

N/A

SURROUNDS

WHITSUNDAY (LGA)

$172,000

CANNONVALE

N/A2

-2.7%

4.2%

3 N/A

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

(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.

$160,588

4.3%

0.4%

$163,000 2

4 10.1%

-1.2%

$500,000+ $350,000+

4740 4744

SALES MARKET - VACANT LAND ROCKHAMPTON & LIVINGSTONE UNIT$208,000 SALES TOOWOOMBA LAND SALES (p) (p) 32 $206,000 6.7% 0.1%

MACKAY (LGA) ~

CODE

4802

SEP-13 $/WEEK

LOCALITYL

$350

$404

ALEXANDRA

$350

$420

ISAAC REGIONAL

$425

$500

MORANBAH

$425

$550

WHITSUNDEY REGIONAL

$340

$370

ROCKHAMPTON & LIVINGSTONE LAND SALES (p) $360 20 $390

AIRLIE BEACH

JUN 14

+ 000+

77 52

5 <$250,000

$250,000+

$350,000+

MACKAY LAND SALES (p)

SEPSEP 14 14

JUN 14

SEP 14

41 28

5 3

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

10 3 0

JUN 14 SEP 14 JUN 14 SEP 14

$500,000+ $350,000+

TOWNSVILLE UNIT SALES (p) (p) BUNDABERG LAND SALES 60

SEP 14

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

18 10

NEW BONDS

MACKAY REGIONAL

MACKAY SALES (p) SALES (p) FRASERUNIT COAST LAND JUNJUN 14 14 33

NEW BONDS $/WEEK

<$250,000

$250,000+

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

$350,000+

TOWNSVILLE LAND SALES (p) 106

JUN 14

SEP 14 SEPTEMBER QUARTER 2014

21 54

7 65 <$350,000

1m+

$350,000+

REGIONAL MARKET UPDATES

$500,000+

TOWNSVILLE

LAND BUNDABERG HOUSE SALES (p)

<$350,000

FRASER COAST SALES JUN 14 UNITSEP 14 (p)

101 5

1m+

(p)

)

52 10

(p) Preliminary. See explanatory notes for further information. <$250,000 $250,000+ $350,000+ Agents also thatbythe State election will play$500,000+ its part in Source: REIQ, say data RP Data. (p) Preliminary. Seeprovided explanatory notes for further information. <$250,000 $250,000+ Source: REIQ, data provided by RP Data. boosting local confidence as many anticipate$350,000+ how the funds HOUSE SALES (p) (p) Preliminary. See explanatory GLADSTONE notes for further information. from the proposed of the UNIT Port SALES of Townsville will be Source: REIQ, data provided byleasing RP Data. BUNDABERG JUN 14 SEP 14 (p) distributed. JUN 14 SEP 14

HOUSE MARKET

18 4

2 After tracking along at a relatively stable level of2activity 0 over the past two years, the Townsville house $500,000+ market <$350,000 $350,000+ 3 0 0 0 <$250,000 $250,000+ $350,000+ $500,000+ See explanatory notes for information. looks(p)toPreliminary. have now turned afurther corner. There has been a Source: REIQ, data by RPnotes Data.for further information. (p) Preliminary. Seeprovided explanatory solid lift inREIQ, sales activity over the September$350,000+ quarter, with <$250,000 $250,000+ Source: data provided by RP Data. (p) Preliminary. See explanatory notes for further information. preliminary sales numbers reaching a new peak not seen Source: REIQ, data provided by RP Data. GLADSTONE UNIT SALES (p) for some time.

According to local agents most buyers still sit under 6 6 14 JUN SEP614 6 the $500,000 mark, however the top end of the market is 49 reportedly picking up in activity heading into 2015. 4 40

0 1m+

3 3 3 Median house prices are yet to record improvements, with many suburbs still recording a softening of prices compared to five years ago.

1 0 Another sign that the region is turning a corner is0 the <$250,000 $250,000+ $350,000+ $500,000+ increasing number of notes suburbs seeing increases in median (p) Preliminary. See explanatory for $250,000+ further information. <$250,000 $350,000+ Source: REIQ, data provided by RP Data. (p) Preliminary. explanatory for further information. prices over See the year notes to September, such as Currajong, Source: REIQ, data provided by RP Data. Gulliver and Idalia.

GLADSTONE LAND SALES (p)

Average days on market remained steady at 89 days JUN 14 SEP 14 average vendor compared to three months ago, as did discounting,16which has sat at an average annual rate 14 of 7.4 per cent over the past three quarters - another good sign that the local house market is well and truly stabilised.

Local agents also report strong stock levels accompanied 1 1 1 0 by increased buyer enquiry levels, which bodes well for the coming six<$250,000 months. $250,000+ $350,000+ (p) Preliminary. See explanatory notes for further information.

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

Although the September quarter saw a drop in sales volumes for the Townsville unit and townhouse market, the overall trend in sales activity is on the way up. The previous quarter saw bumper activity and quicker selling times. Average vendor discounting for unit sales also improved compared to 12 months ago. The drop off in activity was recorded across all price points, however not all suburbs saw a decline. The suburbs of North Ward, Rosslea and South Townsville all performed well over the quarter, recording a slight increase in sales volumes.

32 QUEENSLAND MARKET MONITOR

JUN 33 14 174

167

183SEP 14

18 7

<$350,000

$350,000+

49 10

$500,000+

(p) Preliminary. See explanatory notes for further information. 0 0 <$250,000 $350,000+ $500,000+ Source: REIQ, data provided by RP$250,000+ Data. (p) Preliminary. See explanatory notes for further information. <$250,000 $250,000+ $350,000+ Source: REIQ, data provided by RP Data. CAIRNS & DOUGLAS HOUSE SALES (p) (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

TOWNSVILLE SALES JUN 14UNITSEP 14 (p) JUN 14 SEP 14 265SALES (p) MACKAY LAND

55 208 41 146

JUN193 14

SEP 14

JUN 14 LAND SEP 14 (p) BUNDABERG SALES

(p)

MACKAY JUN UNIT14SALESSEP (p)14

41 however, 39 The unit and townhouse market, 6 remains subdued 4 9 3moving 24 7 but according to local agents the overall outlook 0 into 2015 is very positive for the Townsville region. <$350,000 $350,000+ $500,000+

1m+

$500,000+

ROCKHAMPTON & 14 LIVINGSTONE 255 JUN SEP 14 LAND SALES (p)

55large developments will also The approval of some proposed JUN 14 SEP 14 48 43 62 bring greater job opportunities for a region that currently has 57 one of the highest unemployment rates in the State. 10

$500,000+

182quarter, JUN 14 SEP 14 TOOWOOMBA LAND SALES (p) Over the September Townsvilleâ&#x20AC;&#x2122;s residential property 2113921back after market bounced June quarter. JUNa14very subdued SEP 14 House sales volumes were up 27 per cent, along with some 60 15 increase in activity in the vacant land market. 12

19FRASER COAST LAND 59 SALES (p)

43 59

$350,000+

6 $350,000+

<$350,000

(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. <$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.

13 11 $500,000+ 3

1 $500,000+

$350,000+

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

222

JUN 14

106

SEP 14

13784 63

81 17

<$250,000

$250,000+

6 $350,000+

(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.

14 19

4 2 $500,000+ $350,000+

CAIRNS & DOUGLAS LAND SALES (p)

Median sale prices for the region are still well below JUN 14 SEP 14 those recorded five years ago, with the prestige market in particular still81struggling to recover. Resales of units bought off 56 the plan are said to be the hardest hit by the softer market conditions. RENTAL MARKET 9

4 1 recorded At the end of September the Townsville region a vacancy rate of 4.8 per cent, down from a peak of 5.4 per <$250,000 $250,000+ $350,000+ cent three months ago. (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

According to local property managers surveyed, there continues to be an oversupply in the region. Tenant demand remains weak on the back of poor employment opportunities, with many leaving the area in search of work. NRAS developments are said to be contributing to the oversupply, however analysis of bonds held by the RTA shows they only contribute around 3 per cent to the rental supply. Four stages of NRAS have now been completed, with the fifth and final stage said to have been postponed indefinitely. Given the soft market conditions, median weekly rents from the RTA continue to come down, and they are at levels not seen in more than five years.

REGIONAL MARKET UPDATES

SALES MARKET - HOUSES SUBURB

NUMBER OF SALES

SALES MARKET - VACANT LAND MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

NUMBER OF SALES

SUBURB

MEDIAN SALE

ANNUAL MEDIAN SALE

QTRLY CHANGE

1YR 5YR CHANGE CHANGE

TOWNSVILLE (LGA) ~

511

$340,000

-5.6%

$357,650

-0.7%

TOWNSVILLE (LGA)

116

$161,900

3.8%

$163,000

0.3%

TOWNSVILLE (LGA) ^ ~

$445,000

11.1%

$430,000

2.7%

3.6%

TOWNSVILLE (LGA) ^

N/A

$195,000

0.0%

-1.2% -4.4%

AITKENVALE

N/A

$305,000

-4.7%

-7.4%

BOHLE PLAINS

N/A

$160,000

-4.3%

-4.8%

ALICE RIVER ^

N/A

$465,000

-4.1%

2.2%

BURDELL

$160,900

N/A

$156,900

2.9%

-13.1%

ANNANDALE

$420,000

1.2%

$430,000

0.9%

-2.6%

BUSHLAND BEACH

N/A

$153,000

-5.6%

2.7%

BOHLE PLAINS

N/A

$430,000

0.0%

-2.3%

DEERAGUN

N/A

$167,900

0.0%

21.7%

BURDELL ~

$411,250

-9.9%

$435,000

2.4%

25.4%

KELSO

N/A

$139,000

-4.1%

BUSHLAND BEACH

$419,750

-5.1%

$416,500

1.8%

1.0%

KIRWAN

N/A

$185,725

N/A

CONDON ~

$277,500

-9.0%

$292,000

-1.0%

-10.2%

MOUNT LOUISA

N/A

$180,000

2.9%

9.1%

CRANBROOK

$290,000

N/A

$290,000

-4.9%

-8.7%

MOUNT LOW ~

$165,000

8.6%

$163,000

3.2%

2.5%

CURRAJONG

$246,750

N/A

$302,500

6.1%

-4.7%

OONOONBA

N/A

$157,500

-0.9%

N/A

DEERAGUN

N/A

$317,500

-5.9%

-3.6%

DOUGLAS

$400,000

1.0%

$397,000

1.8%

-1.0%

RENTAL MARKET - 3 BED HOUSES

GARBUTT

N/A

$292,750

N/A

GULLIVER

$287,500

N/A

$300,500

6.4%

0.5%

POST

HEATLEY

N/A

$290,000

3.6%

-4.9%

CODE

HERMIT PARK

N/A

$380,000

5.3%

4.1%

IDALIA ~

$507,500

22.1%

$490,000

6.5%

4.3%

KELSO

$275,000

-1.8%

$282,000

-2.4%

KELSO ^

N/A

$477,000

KIRWAN

$333,500

-6.1%

MOUNT LOUISA

$375,000

MUNDINGBURRA

NORTH WARD ~

SEP-14 LOCALITYL

$/WEEK

SEP-13

NEW BONDS $/WEEK

NEW BONDS

TOWNSVILLE CITY

$320

683

$340

680

4810

BELGIAN GARDENS

$350

-10.5%

4811

IDALIA

$340

$330

4.7%

8.4%

4812

CURRAJONG

$320

$330

$350,000

0.0%

-5.4%

4814

AITKENVALE

$320

176

$350

192

-3.1%

$385,000

-6.1%

-1.3%

4815

CONDON

$300

118

$315

127

N/A

$377,500

2.0%

6.0%

4816

ALLIGATOR CREEK

$250

$290

N/A

$515,000

-23.0%

N/A

4817

KIRWAN

$330

$350

104

RAILWAY ESTATE

$325,000

N/A

$320,000

-4.8%

-4.5%

4818

DEERAGUN

$310

105

$345

RASMUSSEN

$267,000

N/A

$278,000

-6.2%

-7.9%

4819

MAGNETIC IS

$300

$280

SHAW

N/A

$432,688

3.8%

N/A

BURDEKIN SHIRE

$270

$280

SOUTH TOWNSVILLE

N/A

$342,500

5.7%

-9.9%

4806

ARKENDEITH

$260

$280

THURINGOWA CENTRAL

N/A

$314,500

-0.2%

-6.1%

4807

AIRVILLE

$270

$280

WEST END

$358,500

N/A

$357,500

-8.8%

1.4%

CHARTERS TOWERS REGIONAL

$250

$270

WULGURU

$297,000

4.2%

$294,000

-5.2%

-8.1%

RICHMOND HILL

$250

$270

HINCHINBROOK SHIRE

$250

$260

ABERGOWRIE

$250

$260

4850

SURROUNDS BURDEKIN (LGA) ~

4820

$217,500

27.9%

$212,500

4.9%

-7.6%

AYR

$257,750

1.1%

$245,000

-3.9%

0.6%

HOME HILL ~

N/A

$165,000

4.1%

-28.3%

RENTAL MARKET - 2 BED UNITS TOWNSVILLE CITY

$265

739

$280

721

CHARTERS TOWERS (LGA)

$187,000

5.4%

$202,500

7.7%

-10.0%

4810

BELGIAN GARDENS

$285

354

$300

356

CHARTERS TOWERS CITY

N/A

$179,000

-5.8%

-10.5%

4811

IDALIA

$350

$340

4812

CURRAJONG

$245

164

$260

173

HINCHINBROOK (LGA)

N/A

$240,000

3.0%

-2.0%

4814

AITKENVALE

$270

$288

INGHAM

N/A

$245,000

3.2%

8.9%

4815

CONDON

$270

$300

4817

KIRWAN

$260

$290

4818

DEERAGUN

$224

$250

4819

MAGNETIC IS

$320

$300

BURDEKIN SHIRE

$210

SALES MARKET - UNITS & TOWNHOUSES TOWNSVILLE (LGA) ~

121

$251,750

-6.8%

$272,000

-5.9%

-13.7%

CRANBROOK

N/A

$229,500

N/A

4806

ARKENDEITH

$200

N.A.

DOUGLAS

N/A

$290,000

-9.7%

-7.1%

4807

AIRVILLE

$210

HERMIT PARK ~

N/A

$168,000

N/A

-27.0%

CHARTERS TOWERS REGIONAL

$180

$220

IDALIA

N/A

$357,000

-0.6%

N/A

RICHMOND HILL

$180

$220

NELLY BAY ~ f

N/A

$197,250

-40.2%

-50.3%

HINCHINBROOK SHIRE

$200

$170

NORTH WARD ~

$243,000

-14.7%

$253,750

-22.6%

-30.5%

ABERGOWRIE

$200

$170

ROSSLEA

N/A

$228,500

1.6%

-12.1%

SOUTH TOWNSVILLE

N/A

$365,000

1.7%

0.7%

TOWNSVILLE CITY ~ f

$315,000

-24.6%

$378,000

-4.8%

-22.7%

WEST END ~

N/A

$225,000

5.9%

-29.7%

4820 4850

RENTAL MARKET - 2 BED TOWNHOUSES POST CODE

SEP-14 LOCALITYL

$/WEEK

SEP-13

NEW BONDS $/WEEK

NEW BONDS

TOWNSVILLE CITY

$260

$290

4810

BELGIAN GARDENS

$260

$300

4812

CURRAJONG

$260

$285

4814

AITKENVALE

$280

N.A.

SEPTEMBER QUARTER 2014

$1m+

000+

(p)

9 3 7

24 <$350,000 REGIONAL MARKET UPDATES

$350,000+

$500,000+

4 2 $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. $250,000+ $350,000+ Source: REIQ, <$250,000 data provided by RP Data. GLADSTONE HOUSE SALES (p) (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

CAIRNS

BUNDABERG SALES JUN 14 UNITSEP 14 (p)

JUN 14 LAND SEP 14 FRASER COAST (p) As the Cairns local and tourism industry continue 59 SALES 19 economy

48 to improve, the residential property market is taking its turn JUN 14 SEP 14 43 62 to shine. 57 10

43 59

9 1m+

000+

)

9 8 Both the house and unit markets in Cairns topped the 18 14 major regions for increased activity over the quarter, and the 4 city also saw a healthy increase in its2median sale2 prices 0 over the year to September. $350,000+ <$350,000 $500,000+ 3

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

0 0 $500,000+

The region is seeing a number of key commercial $350,000+of the developments, which is adding to the local amenity region, and giving investors more reasons to look to the Far GLADSTONE UNIT SALES (p) North Queensland. Redlynch Shopping Centre’s expansion BUNDABERG JUN 14 LAND SEPSALES 14 (p) is said to be almost complete while a Bunnings store is set 6 6JUN 14 SEP6 14 6 to open in Portsmith. 49

10 $1m+

000+

The much anticipated Aquis 4development has hit some 40 3 3 “road blocks” with delays surrounding the various3 licencing and approvals required for the resort complex. However local agents say that there is a strong likelihood the planned resort will go ahead, it only being 1 a 2matter of when. 0 0 <$250,000 $250,000+ $350,000+ $500,000+ HOUSE MARKET (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.

The house market in Cairns saw an impressive 38 per cent increase in preliminary sales numbers over the quarter, LAND SALES (p) with its median sale GLADSTONE price remaining relatively stable, JUN 14 SEP 14 down just 0.5 percent to $379,000.

)

000+

16 Price point data shows the increase in sales activity 14 spread relatively evenly across all price segments, with the largest increase seen in the $350,000-plus price point. Sales in the $500,000-plus price bracket were up 48 per cent, reaching an all-time high of 95 sales - an 1 preliminary 1 1 indication that confidence in 0the Cairns property market is improving.<$250,000 $250,000+ $350,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

According to local agents, investors are actively looking in Cairns and this is further adding to local buyer demand. Days on market are are also coming down reflecting the increase in demand. UNIT MARKET

The unit market in Cairns has been quick to follow the house market, with sales volumes over the September quarter also up significantly. Compared to the June quarter, preliminary unit and townhouse sales numbers were up 34 per cent, reaching levels of activity not seen in five years. Local agents say prices still remain low, with the bulk of buyer activity strongest in the sub-$250,000 price point. With strong activity at the affordable end of the market, the Cairns median unit sale price dipped 5.4 per cent over the quarter. However over the year to September, the median recorded an increase of 7.5 per cent, a sign that the unit market is well on its way to recovery.

34 QUEENSLAND MARKET MONITOR

<$350,000

$350,000+

$500,000+

5 information. 5 (p) Preliminary. See explanatory notes for further Source: REIQ, data provided by RP $250,000+ Data. <$250,000 $350,000+

0 $500,000+

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

$350,000+ CAIRNS & DOUGLAS HOUSE SALES (p)

JUN 14 UNITSEP 14 (p) TOWNSVILLE SALES JUN 14LAND SEP 14 (p) 265 MACKAY SALES

208 55

41 146

JUN 14 193 47 40

SEP 14

6 $350,000+

<$350,000

13 11 $500,000+ 3

$500,000+

$350,000+

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

222

106

JUN 14

SEP 14

137 84 63

81 17

<$250,000

5 $250,000+

6 $350,000+

14 19

4 $500,000+

$350,000+

CAIRNS & DOUGLAS LAND SALES (p) JUN 14

SEP 14

81 56

9 <$250,000

$250,000+

$350,000+

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

RENTAL MARKET

In Cairns, local agents report increased investor activity, however with strong tenant demand in play, the region's vacancy rate tightened slightly. Over the three months to September, the vacancy rate was down 0.2 percentage points to 1.8 per cent. The Cairns rental market continues to benefit from improving local conditions, with employment opportunities reportedly bringing more people to the area. The region recorded modest increases in median weekly rents over the September quarter, according to figures released by the RTA. Current gross yields also remain relatively strong, with house rentals remaining steady at 4.8 per cent. An easing median unit price saw unit gross yields go up to 6.9 per cent – the highest of all major centres. According to local agents, more investors are being attracted to Cairns, which will ensure rental stock can keep pace with current levels of demand.

REGIONAL MARKET UPDATES

SALES MARKET - HOUSES SUBURB

NUMBER OF SALES

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

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

NUMBER OF SALES

SUBURB

MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

CAIRNS (LGA)

549

$379,000

-0.5%

$376,000

6.2%

6.5%

TRINITY BEACH ~ f

$265,000

17.8%

$230,000

3.4%

-24.6%

CAIRNS (LGA) ^

$585,500

N/A

$576,500

4.8%

-3.1%

WESTCOURT ~

$290,000

68.1%

$215,000

19.4%

-31.5%

BAYVIEW HEIGHTS ~

$386,750

10.5%

$381,250

6.6%

13.8%

WOREE ~

$155,000

17.0%

$145,000

23.4%

-8.8%

BENTLEY PARK

$347,000

-1.6%

$345,000

3.0%

YORKEYS KNOB

$220,000

N/A

$230,000

16.8%

15.0%

BRINSMEAD

$437,500

5.4%

$413,000

8.7%

3.3%

BUNGALOW ~

N/A

$345,000

31.4%

17.7%

SURROUNDS

CAIRNS NORTH

N/A

$410,000

N/A

DOUGLAS (LGA) ~ f

$195,500

-20.2%

$233,000

16.5%

3.1%

CARAVONICA ~

N/A

$352,500

16.5%

4.0%

PORT DOUGLAS ~ f

$191,000

-23.6%

$219,000

10.1%

-6.8%

11.2%

CLIFTON BEACH

$504,000

N/A

$502,000

-1.3%

4.0%

EARLVILLE

$367,000

N/A

$340,000

6.3%

0.7%

EDGE HILL

$420,000

N/A

$465,000

12.0%

CAIRNS (LGA) ~

$203,500

19.7%

$183,500

9.2%

EDMONTON

$345,000

0.0%

$330,000

5.8%

-1.5%

CAIRNS (LGA) ^

N/A

$225,000

N/A

FRESHWATER

N/A

$422,500

N/A

-4.0%

BENTLEY PARK

N/A

$151,000

4.8%

4.1%

SALES MARKET - VACANT LAND

GORDONVALE

$302,750

-5.5%

$310,000

1.6%

3.3%

EDMONTON

$139,800

N/A

$135,700

8.6%

10.1%

HOLLOWAYS BEACH

N/A

$385,000

10.0%

2.7%

MOUNT SHERIDAN

N/A

$174,000

1.2%

3.9%

KANIMBLA

N/A

$450,000

3.0%

7.1%

PALM COVE ~

N/A

$255,000

N/A

34.2%

KEWARRA BEACH

$420,000

-4.3%

$416,000

5.3%

3.8%

REDLYNCH

N/A

$183,500

0.5%

7.9%

MANOORA

$252,500

-0.2%

$269,000

3.3%

-8.2%

SMITHFIELD

N/A

$178,750

7.0%

N/A

MANUNDA

$312,500

0.8%

$315,000

10.5%

-3.7%

TRINITY BEACH

N/A

$175,000

4.5%

-5.4%

TRINITY PARK

$225,250

N/A

$215,000

-4.4%

26.5%

MOOROOBOOL

$325,000

-3.6%

$330,000

1.5%

0.9%

MOUNT SHERIDAN

$339,000

-7.0%

$345,000

4.5%

3.0%

PARRAMATTA PARK

$392,000

N/A

$375,000

7.9%

-5.1%

SURROUNDS

REDLYNCH

$435,000

-1.1%

$440,000

10.0%

7.6%

CASSOWARY COAST (LGA)

N/A

$100,000

N/A

-13.0%

SMITHFIELD

$410,000

3.8%

$395,000

6.8%

4.8% DOUGLAS (LGA)

$149,000

N/A

$130,500

N/A

TRINITY BEACH ~

$509,000

16.3%

$447,500

13.3%

7.0%

TRINITY PARK

$436,000

3.8%

$417,500

7.9%

10.9%

WESTCOURT

$320,000

N/A

$320,000

-0.2%

3.2%

MAREEBA (LGA)

N/A

$89,500

N/A

WHITE ROCK ~

$325,000

20.4%

$290,000

6.6%

5.1%

MAREEBA

N/A

$90,000

5.9%

-10.0%

WHITFIELD ~

$585,000

39.3%

$522,500

16.1%

25.9%

WOREE

N/A

$310,000

10.7%

6.9%

RENTAL MARKET - 3 BED HOUSES SURROUNDS

POST

CASSOWARY COAST (LGA) ~

$244,500

17.8%

$240,000

4.3%

-5.9%

CASSOWARY COAST (LGA) ^

N/A

$327,500

8.3%

-10.9%

CODE

SEP-14 LOCALITYL

$/WEEK

SEP-13

NEW BONDS $/WEEK

NEW BONDS

CAIRNS REGIONAL

$350

460

$340

483

4865

GOLDSBOROUGH

$310

$300

DOUGLAS (LGA) ~

$325,000

-15.5%

$375,250

2.8%

0.1%

4868

BAYVIEW HEIGHTS

$340

$330

MOSSMAN

N/A

$272,500

N/A

-9.2%

4869

BENTLEY PARK

$325

$315

PORT DOUGLAS ~

N/A

$480,000

3.2%

-11.1%

4870

AEROGLEN

$350

160

$350

162

4878

BARRON

$370

$360

4879

BUCHAN POINT

$375

$380

DOUGLAS SHIRE

$330

MAREEBA (LGA)

$280,000

-0.9%

$280,000

19.1%

14.1%

MAREEBA (LGA) ^

$419,000

6.8%

$420,000

5.0%

-1.2%

KURANDA ^

N/A

$430,000

1.2%

-5.5%

4873

BAILEY CREEK

$320

$280

MAREEBA ^

N/A

$422,500

11.5%

N/A

4877

CRAIGLIE

$420

$400

MAREEBA ~

$280,000

0.0%

$280,000

19.1%

13.8%

CASSOWARY COAST REGIONAL

$280

102

$280

4849

CARDWELL

$250

N.A.

TABLELANDS (LGA)

$277,500

4.3%

$290,000

9.4%

-5.5%

4852

BINGIL BAY

$350

$320

TABLELANDS (LGA) ^ ~

$307,500

-20.6%

$385,000

4.1%

3.1%

4854

BILYANA

$305

$330

ATHERTON

$280,000

4.3%

$310,000

0.0%

-8.8%

4860

BAMBOO CREEK

$275

$255

MALANDA

N/A

$250,000

N/A

TABLELANDS REGIONAL

$290

$295

140

YUNGABURRA

N/A

$352,500

N/A

4872

BARRINE

$250

$305

4883

ATHERTON

$295

$290

4884

LAKE BARRINE

$300

$295

4885

BUTCHERS CREEK

$270

$280

4887

HERBERTON

$295

N.A.

4888

EVELYN

$250

$240

MAREEBA SHIRE

$310

4880

ARRIGA

$300

$295

4881

KOAH

$360

$350

SALES MARKET - UNITS & TOWNHOUSES CAIRNS (LGA)

328

$210,000

-5.4%

$215,000

7.5%

-14.0%

BUNGALOW ~

N/A

$155,000

21.1%

-19.5%

CAIRNS CITY ~

$264,000

-0.4%

$325,000

-13.4%

-26.1%

CAIRNS NORTH

$228,000

6.5%

$226,000

5.1%

-17.5%

CLIFTON BEACH

N/A

$235,000

N/A

-23.0%

EARLVILLE

N/A

$210,000

11.1%

3.7%

EDGE HILL

$182,500

N/A

$165,000

8.6%

-19.9%

EDMONTON

$112,000

N/A

$141,000

N/A

FRESHWATER

N/A

$280,000

N/A

14.3%

HOLLOWAYS BEACH

N/A

$166,250

12.7%

-21.8%

MANOORA

$144,000

5.1%

$140,000

-9.1%

-28.8%

MANUNDA * t

$138,500

-48.7%

$151,800

11.6%

-19.7%

MOOROOBOOL

N/A

$183,750

3.5%

-29.1%

PALM COVE ~ f

$278,750

24.6%

$276,000

9.5%

-24.4%

PARRAMATTA PARK ~

N/A

$242,750

21.4%

-10.8%

REDLYNCH

N/A

$235,000

N/A

-8.2%

SEPTEMBER QUARTER 2014

REGIONAL MARKET UPDATES

RENTAL MARKET - 2 BED UNITS POST CODE

RENTAL MARKET - 2 BED TOWNHOUSES SEP-14

$/WEEK

LOCALITYL

SEP-13

NEW BONDS $/WEEK

POST

NEW BONDS

CAIRNS REGIONAL

$280

835

986

4865

GOLDSBOROUGH

$215

N.A.

4868

BAYVIEW HEIGHTS

$280

$240

4869

BENTLEY PARK

$220

4870

AEROGLEN

$270

4878

BARRON

4879

SEP-14 LOCALITYL

$/WEEK

SEP-13

NEW BONDS $/WEEK

NEW BONDS

CAIRNS REGIONAL

$260

$250

102

4868

BAYVIEW HEIGHTS

$230

$210

4869

BENTLEY PARK

$220

N.A.

$235

4870

AEROGLEN

$270

$260

542

$265

579

4878

BARRON

$260

$250

$270

$260

4879

BUCHAN POINT

$310

$280

BUCHAN POINT

$300

132

$300

124

DOUGLAS SHIRE

$300

DOUGLAS SHIRE

$285

CRAIGLIE

$300

$280

4873

BAILEY CREEK

$200

$180

4877

CRAIGLIE

$300

$280

CASSOWARY COAST REGIONAL

$200

$210

4849

CARDWELL

$200

$230

4852

BINGIL BAY

$230

$250

4854

BILYANA

$120

$220

4860

BAMBOO CREEK

$195

$190

TABLELANDS REGIONAL

$230

$220

ATHERTON

$230

$210

MAREEBA SHIRE

$250

4880

ARRIGA

$250

$240

4881

KOAH

$250

N.A.

4883

$270

CODE

4877

OTHER REGIONAL RENTAL MARKET - 3 BED HOUSES

SALES MARKET - HOUSES

POST SUBURB

NUMBER OF SALES

MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

CODE

SEP-14 LOCALITYL

BALONNE (LGA)

$185,000

N/A

ST GEORGE

$249,000

N/A

$218,500

5.8%

27.4%

MARANOA (LGA)

$277,500

-7.5%

$290,000

-2.5%

26.1%

ROMA

$285,000

0.4%

$307,000

-4.8%

22.8%

MURWEH (LGA)

N/A

$100,000

N/A

-26.5%

CHARLEVILLE ~

$74,500

N/A

$107,500

-21.0%

-28.3%

SEP-13

NEW BONDS $/WEEK

NEW BONDS

SOUTH WEST BALONNE SHIRE

SOUTH WEST

$/WEEK

N.A.

ST GEORGE

$250

MARANOA REGIONAL

$400

$410

4455

ANGELLALA

$425

$450

4465

MITCHELL

$250

N.A.

MURWEH

$220

N.A.

CHARLEVILLE

$220

$230

LONGREACH

$270

$275

BRIXTON

$270

$275

MOUNT ISA CITY

$480

$550

ALEXANDRIA

$480

$550

CLONCURRY SHIRE

$350

$400

CLONCURRY

$350

$400

4487

4470

CENTRAL WEST 4730

NORTH WEST

CENTRAL WEST LONGREACH (LGA)

N/A

LONGREACH ~

$200,000

N/A

$205,000

-16.7%

-6.8%

4825 4824

NORTH WEST MOUNT ISA (LGA)

$355,000

-1.7%

$362,500

-3.7%

11.5%

HEALY

N/A

$417,000

-4.1%

13.5%

FAR NORTH COOK SHIRE

$280

$270

4871

ALMADEN

$270

$250

4895

BLOOMFIELD

$300

$280

SALES MARKET - VACANT LAND

RENTAL MARKET - 2 BED UNITS

SOUTH WEST

MARANOA (LGA)

N/A

$160,000

N/A

ROMA

N/A

$160,000

0.0%

N/A

BALONNE SHIRE 4487 4455

N.A.

ST GEORGE

$190

N.A.

MARANOA REGIONAL

$320

$250

ANGELLALA

$320

$250

CENTRAL WEST LONGREACH 4730

N.A.

$140

$195

MOUNT ISA CITY

$320

$380

ALEXANDRIA

$320

$380

CLONCURRY SHIRE

$280

N.A.

CLONCURRY

$280

N.A.

COOK SHIRE

N.A.

BLOOMFIELD

$200

N.A.

BRIXTON

NORTH WEST 4825 4824

FAR NORTH 4895

36 QUEENSLAND MARKET MONITOR

ON THE MARKET INDICATORS

ON THE MARKET INDICATORS HOUSES TOTAL LISTINGS

LGA

CHANGE OVER YEAR

% STOCK ON MARKET

DAYS ON MARKET*

VENDOR DISCOUNT*

TOTAL LISTINGS

% STOCK ON MARKET

GREATER BRISBANE

DAYS ON MARKET*

% PTS

VENDOR DISCOUNT* % PTS

BRISBANE

19,632

6.4%

-5.5%

0.3%

-21

1.1%

IPSWICH

4,301

7.0%

-6.5%

11%

0.5%

-14

1.6%

LOGAN

6,279

7.2%

-5.8%

14%

0.8%

-16

0.9%

MORETON BAY

9,492

7.3%

-5.4%

16%

0.6%

-16

1.4%

REDLAND

3,876

8.4%

-5.7%

11%

0.6%

-17

1.2%

GOLD COAST

9,750

7.7%

-6.0%

0.1%

-20

1.3%

SUNSHINE COAST

9,099

9.0%

-5.9%

-0.1%

-14

1.6%

FRASER COAST

3,526

9.5%

109

-7.6%

0.3%

-12

0.5%

CAIRNS

3,297

6.7%

-5.8%

-1%

-0.5%

-17

1.2%

BUNDABERG

2,810

8.3%

-7.5%

0.1%

-1.0%

GLADSTONE

1,730

7.9%

114

-9.8%

-13%

-1.6%

-1

-0.9%

MACKAY

2,776

7.2%

-9.0%

-2%

-0.3%

-2.1%

ROCKHAMPTON

3,308

7.8%

-8.0%

-7%

-1.0%

-0.6%

TOOWOOMBA

4,291

8.7%

-4.5%

0.5%

-17

0.9%

TOWNSVILLE

4,230

7.1%

-7.4%

0.0%

-1

0.1%

TOURISM CENTRES

REGIONAL QLD

Average Days On Market - HOUSES 2013*

Averag

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

2014*

2013*

140

160

120

140

2014*

120

100

60 40

0.0%

-2.0%

-4.0%

-6.0%

-8.0%

-10.0%

-12.0%

2013*

2014*

Average Vendor Discounting - HOUSES

2013*

2014*

SEPTEMBER QUARTER 2014

Logan

Ipswich

Brisbane

0 Brisbane SD

Townsville

Toowoomba

Rockhampton

Mackay

Gladstone

Cairns

Fraser Coast

Bundaberg

Gold Coast

Redland

Moreton Bay

Logan

Ipswich

Brisbane

Brisbane SD

Sunshine…

Average

ON THE MARKET INDICATORS

UNITS & TOWNHOUSES TOTAL LISTINGS

LGA

CHANGE OVER YEAR

% STOCK ON MARKET

DAYS ON MARKET*

VENDOR DISCOUNT*

TOTAL LISTINGS

SOUTHEAST QLD

% STOCK ON MARKET

DAYS ON MARKET*

% PTS

VENDOR DISCOUNT*

% PTS

BRISBANE

8,502

6.4%

-4.8%

12%

0.3%

-22

IPSWICH

442

10.3%

117

-7.4%

-0.4%

-17

0.8%

LOGAN

1,499

10.8%

101

-6.3%

25%

1.7%

-15

2.0%

MORETON BAY

1,978

9.3%

100

-5.5%

23%

1.3%

-22

2.1%

647

9.5%

-5.3%

0.0%

-29

1.0%

REDLAND

0.7%

TOURISM CENTRES GOLD COAST

10,807

9.1%

-6.7%

0.4%

-19

1.8%

SUNSHINE COAST

4,825

9.6%

106

-6.4%

-0.4%

-10

1.4%

CAIRNS

2,137

8.0%

-7.6%

-1%

-0.3%

-21

1.5%

516

11.1%

118

-6.6%

0.2%

-17

1.9%

BUNDABERG

394

11.1%

138

-8.0%

13%

1.0%

-1.4%

GLADSTONE

262

7.2%

130

-11.3%

-22%

-3.0%

-2.6%

MACKAY

471

7.9%

129

-12.9%

-0.3%

-5.0%

ROCKHAMPTON

406

7.7%

112

-6.6%

-3.4%

-11

0.4%

TOOWOOMBA

588

8.9%

-4.3%

15%

0.7%

-6

0.6%

TOWNSVILLE

1,235

10.3%

126

-9.4%

0.0%

-6

0.9%

FRASER COAST REGIONAL QLD

Average Days On Market - UNITS *12mths to the end of May Source: REIQ, data supplied by RP Data

2013*

2014*

Average Vendor Discounting - UNITS

160 140 120 100 80 60 40 20 0

0.0% -2.0% -4.0% -6.0% -8.0% -10.0% -12.0% -14.0% 2013*

38 QUEENSLAND MARKET MONITOR

RENTAL MARKET INDICATORS

RENTAL MARKET INDICATORS GROSS YIELDS LOCAL GOVERNMENT AREA

HOUSES SEP-14

UNITS

JUN-14

SEP-14

JUN-14

GREATER BRISBANE

RESIDENTIAL VACANCY RATES AS AT END OF:

GREATER BRISBANE

SEP-14

COLUMN1

JUN-14

COLUMN2

TREND

COLUMN3

STATUS

COLUMN4

3.7%

5.0%

4.9%

BRISBANE SD

2.0%

2.3%

DOWN

TIGHT

5.2%

5.4%

4.6%

BRISBANE CITY

2.3%

2.4%

STEADY

TIGHT

LOGAN CITY

5.2%

5.1%

5.6%

6.0%

BRISBANE INNER

2.9%

3.4%

DOWN

HEALTHY

MORETON BAY

4.6%

4.4%

BRISBANE BALANCE

2.0%

1.7%

STEADY

TIGHT

REDLAND CITY

4.2%

4.8%

5.0%

BRISBANE SURROUNDS

1.7%

2.2%

DOWN

TIGHT

IPSWICH CITY

1.6%

3.0%

DOWN

TIGHT

GOLD COAST CITY

4.5%

4.3%

5.5%

5.3%

LOGAN CITY

1.5%

2.8%

DOWN

TIGHT

SUNSHINE COAST

4.4%

4.9%

MORETON BAY

1.8%

1.7%

STEADY

TIGHT

NOOSA

4.2%

3.8%

4.7%

5.2%

CABOOLTURE

1.6%

1.5%

STEADY

TIGHT

CAIRNS

4.8%

6.9%

6.4%

PINE RIVERS

1.9%

0.9%

TIGHT

TOURISM CENTRES

FRASER COAST

5.1%

4.9%

REDCLIFFE

2.1%

2.4%

DOWN

TIGHT

REDLAND CITY

1.8%

1.5%

TIGHT

1.9%

1.4%

TIGHT

N/A

2.6%

N/A

N/A COLUMN4

BUNDABERG

5.5%

5.2%

5.1%

4.4%

MAINLAND

GLADSTONE

4.4%

3.5%

4.4%

BAY ISLANDS

MACKAY

4.6%

4.3%

4.7%

TOURISM CENTRES

COLUMN1

COLUMN2

COLUMN3

5.1%

4.9%

2.9%

3.0%

GOLD COAST CITY

1.9%

1.7%

STEADY

TIGHT

4.6%

4.5%

4.8%

SUNSHINE COAST (INCL NOOSA)

1.1%

1.2%

STEADY

TIGHT

TOWNSVILLE CITY

4.9%

4.8%

5.5%

5.2%

1.0%

1.1%

STEADY

TIGHT

CALOUNDRA COAST

1.2%

0.9%

TIGHT

OTHER REGIONAL AREAS

SUNSHINE COAST

BALONNE

7.0%

N/A

MAROOCHY COAST

1.0%

0.9%

STEADY

TIGHT

BANANA

5.7%

6.1%

N/A

HINTERLAND*

0.8%

2.0%

DOWN

TIGHT

BURDEKIN

6.5%

7.6%

N/A

1.2%

2.0%

DOWN

TIGHT

CASSOWARY COAST

6.0%

7.1%

17.3%

N/A

FRASER COAST

2.1%

2.5%

DOWN

TIGHT

NOOSA*

CENTRAL HIGHLANDS

4.3%

3.8%

N/A

HERVEY BAY

1.9%

STEADY

TIGHT

CHARTERS TOWERS

7.0%

7.6%

N/A

MARYBOROUGH

2.4%

3.2%

DOWN

TIGHT

DOUGLAS

5.3%

4.7%

7.6%

5.9%

CAIRNS

1.8%

2.0%

STEADY

GOONDIWINDI

5.9%

6.7%

N/A

REGIONAL QLD

COLUMN1

COLUMN2

COLUMN3

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

ROCKHAMPTON TOOWOOMBA

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

REGIONAL AREAS

STEADY = +/- 0.2% TIGHT <2.5%

3.7% 5.2%

VACANCY TREND: MARKET STATUS:

BRISBANE CITY IPSWICH CITY

TIGHT COLUMN4

GYMPIE

5.4%

5.3%

4.1%

N/A

BUNDABERG

2.9%

4.0%

DOWN

HEALTHY

ISAAC

7.2%

6.7%

N/A

GLADSTONE

4.7%

5.6%

DOWN

WEAK

LIVINGSTONE

5.0%

5.1%

4.6%

4.9%

MACKAY

8.4%

6.8%

WEAK

LOCKYER VALLEY

5.6%

5.9%

N/A

ROCKHAMPTON

4.1%

4.8%

DOWN

WEAK

MARANOA

7.5%

6.9%

N/A

TOOWOOMBA

1.6%

1.5%

STEADY

TIGHT

MAREEBA

5.8%

5.9%

N/A

TOWNSVILLE

4.8%

5.4%

DOWN

WEAK

MOUNT ISA

7.0%

6.9%

N/A

OTHER REGIONAL AREAS

COLUMN1

COLUMN2

COLUMN3

NORTH BURNETT

7.0%

7.8%

N/A

BANANA

4.8%

N/A

COLUMN4 WEAK

SCENIC RIM

4.6%

5.0%

N/A

DOUGLAS

6.7%

2.2%

WEAK

SOMERSET

5.6%

5.3%

N/A

GYMPIE

1.9%

2.0%

STEADY

TIGHT

SOUTH BURNETT

6.0%

6.1%

N/A

SCENIC RIM

4.7%

N/A

WEAK

SOUTHERN DOWNS

5.5%

5.2%

N/A

SOUTHERN DOWNS

4.1%

3.3%

WEAK

TABLELANDS

5.4%

5.6%

N/A

WESTERN DOWNS

13.0%

N/A

WEAK

WESTERN DOWNS

5.6%

6.9%

N/A

WHITSUNDAY

6.2%

13.0%

DOWN

WEAK

WHITSUNDAY

4.5%

4.6%

5.8%

4.9%

Queensland Market Monitor is published by The Real Estate Institute of Queensland (REIQ). ABN 49 009 661 287 Sales data obtained from Core Logic RP Data (www.corelogic.com.au) and median weekly rental data from the Residential Tenancies Authority (www.rta.qld.gov.au). Enquiries about the reproduction of part or all of the information should be directed to the Corporate Affairs Division, REIQ. © The State of Queensland (Department of Environment and Resource Management) 2014. Based on data provided with the permission of the Department of Natural Resources and Mines: [QVAS 2014)]. The Department of Environment and Resource Management makes no representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses and damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason. 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. The Real Estate Institute of Queensland Ltd. Copyright 2014 21 Turbo Drive, Coorparoo, PO Box 1555, Coorparoo DC Q 4151 Data report date: 11 November 2014 Published date: 05 December 2014 Ph: (07) 3249 7347 Fax: (07) 3249 6211 Email: research@reiq.com.au

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