Quarterly Market Monitor Issue 25 by First National Nerang

REIQ

QUEENSLAND MARKET MONITOR ISSUE 25

DEC QTR 2014

your state-wide property research guide suburb by suburb

QMM STATE-WIDE COMMENTARY

STRONG YEAR FOR QUEENSLAND REAL ESTATE Southeast Queensland, Toowoomba and Cairns were the Stateâ&#x20AC;&#x2122;s star real estate performers in 2014, according to fresh data released today by the Real Estate Institute of Queensland (REIQ).

Meanwhile sales volumes for the stateâ&#x20AC;&#x2122;s regional centres over the year were significantly down on the previous year, however over the last half of the year other market indicators have pointed towards stabilizing and in some cases improving sales market conditions.

Proudly supported by

State-wide the volume of residential sales for 2014 hit a five-year high, with a total of $51 billion worth of residential property changing hands. While this is still well below the peak of $73 billion recorded at the last peak of the market in 2007, it is on par with that recorded at the height of the boom of the early 2000s. With actual sales numbers just over half that recorded in 2003, the volume of sales is reflective of how much property prices have grown over the past 10 years, despite the downturn in the market over the past five years. >p2

REIQ RESEARCH EXPLANATORY NOTES SALES MARKET DATA

ON THE MARKET INDICATORS

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).

At the time of publication, latest information available was for the 12 months ending the month prior to the current period.

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

"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.

Figures based upon the new council boundaries

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

Median price changes influenced by varying quality of stock sold

Median price changes influenced by varying quantities of new properties sold

Median price changes influenced by varying quantities of waterfront properties sold

Medians affected by varying quantities of townhouses sold

The data excludes any recent sales transactions where the contract sale price was not disclosed.

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

Median affected by high yielding property sales

The intention of these graphs is to gauge trends in sales activity between periods in lieu of actual final sales results

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

Source: REIQ, data supplied by CoreLogic RP Data (www.corelogic.com.au)

PRICE POINT GRAPHS

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

Source: REIQ, data obtained from CoreLogic RPData

RENTAL MARKET DATA

GROSS RENTAL YIELDS

All median weekly rents are published on a postcode basis, as calculated by the Residential Tenancies Authority, where sufficient data is available.

House yields are based upon REIQ median house prices and RTA weighted median weekly rent for houses.

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)

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

Source: REIQ Residential Rental Survey 2 QUEENSLAND MARKET MONITOR

STATE-WIDE SUMMARY

CONTINUED

REIQ

On a regional basis however, the results remained varied, with some markets still lagging behind.

TABLE OF CONTENTS

The downturn in the mining sector and the ongoing drought has continued to impact on the regional centres of Gladstone, Mackay and Rockhampton, although local agents report early signs of improvement since the start of the year.

The improving conditions in the southeast are expected to kick start growth in regional Queensland, giving a very positive outlook for the state for the year ahead.

Brisbane City

Local REIQ agents are reporting that confidence is on the rise in key Queensland real estate markets, which augers well for the rest of the year.

Greater Brisbane

HOUSE MARKET

The strengthening sales volumes were beginning to convert to increased property prices across the southeast in 2014 compared to the previous year and over the December quarter the median house price for the Brisbane City Council area broke the $600,000 mark for the first time on record.

Queensland market update 1 REIQ Explanatory notes Brisbane market updates

Regional market updates Gold Coast

Toowoomba 19 Sunshine Coast

Fraser Coast

The Gold and Sunshine Coasts were also amongst the strongest performers with both regions recording increases in their median house prices and sales volumes over the year, along with Toowoomba and Cairns.

Bundaberg 25 Gladstone 27

Average days on market continue to improve for most parts of the state with the Brisbane LGA recording the highest drop, down 20 days over 2014, to 56 average days on market – which continues to make Brisbane the quickest selling region. BRISBANE HOUSE MARKETS

Rockhampton 28 Mackay 30

December Qtr 2014

Townsville 32 Cairns 34 Other Regional

On The Market Indicators

36 37

Total Listings % Stock on Market Average Vendor Discount

Redland

↑Moreton Bay made little movement on the property All major centres Logan cycle chart, except for Mackay where local agents say the Ipswich bottom of the market appears to have been reached.

Further evidence that the Queensland residential property market continues to strengthen STABILISING or show signs RECOVERING of improvement, is the proportion of house sales to make a profit. Source: REIQ

Average Days on Market

Rental Market Indicators

State-wide the volume of residential sales for 2014 hit a five-year high

Average vendor discounting remained relatively stable in most parts of the state with the exception of Brisbane Rockhampton, Bundaberg, and Townsville. RISING MackayFALLING

QUEENSLAND HOUSE MARKETS December Qtr 2014

Gross rental yields Residential vacancy rates

Brisbane SD Toowoomba Gold Coast Sunsine Coast Cairns

RISING

Fraser Coast RECOVERING Townsville

Source: REIQ

3 QUEENSLAND MARKET MONITOR

FALLING

STABILISING

Gladstone Bundaberg Rockhampton ↑Mackay DECEMBER QUARTER 2014

STATE-WIDE SUMMARY

HOUSES (<2400) LGA

SALES ACTIVITY CHANGE

MEDIAN QTRLY SALE PRICE CHANGE

UNITS & TOWNHOUSES MEDIAN SALE PRICE

VACANT LAND (<2400)

SALES MEDIAN ACTIVITY SALE PRICE CHANGE

QTRLY CHANGE

SALES ACTIVITY CHANGE

QTRLY CHANGE

GREATER BRISBANE BRISBANE SD

$482,000

3.5%

BRISBANE

$600,000

3.4%

IPSWICH

$320,000

6.7%

$385,000

0.0%

-15%

$215,900

0.4%

-11%

$418,500

-0.4%

-14%

$345,000

3.0%

-37%

-8%

$240,000

-0.8%

-21%

$175,450

4.3%

-21%

LOGAN

$354,000

3.8%

-6%

$240,000

-0.4%

-15%

$197,500

5.1%

MORETON BAY

$395,000

3.3%

-2%

$307,500

-3.7%

-14%

$223,500

6.0%

REDLAND

$479,000

2.4%

$338,000

-5.3%

-14%

$35,000

$520,000

5.1%

$350,000

2.9%

-6%

$233,000

13% 24%

-31.4% ~ f b

-27%

TOURISM CENTRES GOLD COAST SUNSHINE COAST

$482,000

1.8%

14%

$349,500

2.0%

$242,100

NOOSA

$520,000

-0.5%

-11%

$375,000

-5.1%

-16%

$437,500

FRASER COAST

$285,000

-0.5%

12%

$270,000

12.5%

CAIRNS

$390,000

2.9%

-14%

$208,000

-1.0%

$275,000

2.2%

-11%

$265,000

12.8%

-0.4%

-3%

0.0%

-1%

76.6% ~ f *

$125,000

-16.7%

-14%

$207,000

1.7%

$137,500

-4.5%

0% -28% -6%

REGIONAL CENTRES BUNDABERG

-43%

-9%

$233,300 -36.9%

24%

$200,500

-6.3%

38%

-13%

$365,000

21.3%

-68%

$203,500

-1.2%

-19%

-3.6%

-4%

$350,000 -15.7%

-36%

$120,500

-34.5%

-57%

3.1%

$268,750

-3.7%

-32%

$155,000

-1.0%

-57%

3.7%

-6%

$290,000

15.2%

-13%

$167,000

3.2%

-22%

GLADSTONE

$356,250

-4.7%

MACKAY

$370,000

-5.4%

ROCKHAMPTON

$294,000

TOOWOOMBA

$350,000

TOWNSVILLE

$352,500

UNIT MARKET

The majority of unit markets across the state saw sales volumes ease over the December quarter, except for the Fraser Coast, Bundaberg and Gladstone where sales volumes remained steady. Over the year SEQ, along with Cairns and Toowoomba, unit sales were up significantly compared to the previous year. And while median sale prices improved over the year, some regions are yet to see prices return to that recorded five years ago. Encouraging signs are movements in the top end of the market, which was hardest hit by the GFC. Sales numbers in the million-plus price point are beginning to improve, however such properties appear to still be somewhat price sensitive. Toowoomba’s unit market remains strong, on the back of buoyant interstate investor activity. The influx of new developments into the market has seen the region’s annual median sale price record a strong increase compared to five years ago.

ON THE MARKET" LGA

HOUSES (ALL)

UNITS (ALL)

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

GREATER BRISBANE BRISBANE SD

7.4%

-5.6%

7.4%

-5.1%

BRISBANE

6.6%

-5.5%

6.5%

-4.7%

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

7.2% 7.4% 7.4% 8.4%

82 75 72 70

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

10.4% 10.5% 9.3% 9.1%

110 97 99 83

-7.2% -6.2% -5.7% -5.2%

7.9% 9.2% 9.6% 6.8%

71 85 108 67

-6.0% -5.6% -7.9% -5.7%

9.1% 9.6% 8.3% 11.6%

91 105 90 104

-6.6% -6.4% -7.2% -6.2%

8.4% 7.7% 7.0% 7.9% 8.5% 7.1%

95 110 98 94 63 90

-7.9% -9.9% -9.8% -8.7% -4.6% -7.7%

11.0% 6.6% 7.2% 7.2% 8.3% 10.0%

143 130 137 119 74 123

-8.5% -13.5% -14.0% -8.0% -4.4% -9.8%

" Figures are for the 12 months ending November 2014

4 QUEENSLAND MARKET MONITOR

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 CITY

MEDIAN WEEKLY RENT 3-BED HOUSE

2-BED FLAT

GROSS RENTAL YIELDS

3-BED TOWNHOUSE

HOUSES

UNITS

$420 $300 $340 $340 $390

UP STEADY STEADY UP UP

$400 $255 $260 $280 $340

UP UP STEADY UP UP

$405 $310 $335 $340 $390

STEADY STEADY UP UP UP

3.6% 4.9% 5.0% 4.5% 4.2%

STEADY DOWN STEADY STEADY STEADY

5.0% 5.5% 5.6% 4.7% 5.2%

STEADY STEADY STEADY UP UP

$440 $410 $430 $285 $360

UP* UP* UP* UP UP*

$370 $325 $375 $245 $280

UP UP UP* UP* STEADY

$395 $400 $500 $310 $350

UP UP* UP* STEADY STEADY

4.4% 4.4% 4.3% 5.2% 4.8%

STEADY STEADY STEADY STEADY STEADY

5.5% 4.8% 5.2% 4.7% 7.0%

STEADY STEADY UP DOWN STEADY

$285 $300 $320 $295 $310 $320

UP DOWN* DOWN* DOWN* UP* DOWN*

$225 $250 $245 $230 $250 $280

UP DOWN* DOWN* DOWN* UP STEADY

$280 $360 $350 $345 $300 $340

DOWN* DOWN* DOWN* DOWN* DOWN* DOWN

5.4% 4.4% 4.5% 5.2% 4.6% 4.7%

STEADY STEADY STEADY STEADY STEADY STEADY

4.4% 5.6% 3.5% 3.4% 4.8% 5.0%

DOWN UP* DOWN* UP UP 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

Most of SEQ and the state’s tourism centers all finished the 2014 calendar year with tight rental conditions, with the vast majority having recorded a vacancy rate of less than 2.5 per cent throughout 2014. Typically the time of year, however, vacancy rates at the end of December were up for eight of the 16 major regional centers. In line with this trend is the total number of new bonds lodged with the RTA over the December quarter, which were down six per cent compared to the September quarter. While our regional centres are still playing catch up, with their rental markets going through slow tenant demand, Queensland metropolitan and tourism centres are still seeing tight vacancy rates prevail. According to local agents, investors are taking advantage of the good selling conditions and putting their investment properties up for sale, with many being sold to owneroccupiers. And while there are investors also actively buying at the moment, the net effect appears to be a shortage of rental supply in some regions.

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

AS AT 31-DEC-14

TREND

2.3% 2.9% 2.5% 2.0% 1.2% 0.8%

UP UP UP UP DOWN DOWN

2.2% 1.1% 1.9% 2.2%

UP STEADY DOWN UP

4.4% 4.2% 10.3% 5.2% 2.3% 4.7%

UP DOWN UP UP UP STEADY

* change greater than 0.5 pts

DECEMBER QUARTER 2014

BRISBANE MARKET UPDATES

BRISBANE CITY

BRISBANE CITY HOUSE SALES (p) SEP 14

1900 1922

Over the December quarter 2014, the Brisbane residential market finished the year on steady results for both the house and unit markets. The prestige market was the stand out performer with an increase in the million-plus pricepoint for houses, while all other price points followed the usual December quarter trend of easing buyer demand. Brisbane remains the fastest selling market but still runs second to Toowoomba in average vendor discounting and proportion of profit making sales rates. Interstate investors are beginning to see more value in the Brisbane market than the southern capital cities, with strong interest in the unit and townhouse markets which in comparison are achieving nearly one per cent higher gross rental yields. HOUSE MARKET

Brisbane’s median house price for the December quarter hit a neat $600,000 – the highest quarterly result on record. Over the year, volumes were up seven per cent, while the annual median house price recorded a strong increase of 8.4 per cent, the highest result of all major centres in Queensland. While overall sales volumes increased three per cent over the quarter it was largely attributed to an increase in activity in the prestige market, with an extra 58 houses selling for in excess of a million dollars. This was followed by 22 extra sales in the $500,000-plus pricepoint. According to local agents, strong results at the top end of the market are clear indications that the Brisbane property market is going from strength to strength. Further evidence of improved property prices is the percentage of profit making sales. Of the 49 suburbs to see all sales record a profit, 25 were located within the Brisbane City Council area. Compared to a year ago, the most improved sales market was Gumdale which recorded only 67 per cent of sales to make a profit, to now seeing all vendors sell for higher than they originally paid. UNIT MARKET

The unit and townhouse market in Brisbane saw sales activity drop over the last three months of the year, however total sales for the year were up a sturdy 16 per cent. All pricepoints recorded a drop off in buyer activity, however, like the house market it was the prestige end that held its ground most with only 10 less sales recorded than the September quarter. Average days on market for unit listings are beginning to rival that of the house market, with listings taking an average of 63 days to sell over the year ending November. This result was a significant improvement on the previous year, when it was taking three weeks longer for units to sell. Average vendor discounting has also improved, up 0.7 percentage points over the year to 4.7 per cent. 6 QUEENSLAND MARKET MONITOR

DEC 14

784 161

788 274

130

<$350,000

$350,000+

$500,000+

332

$1m+

(p) Preliminar Source: REIQ,

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

BRISBANE SURROUNDS HOUSE SALES (p) INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND

BRISBANE CITY SALES SEP 14 UNITDEC 14 (p)

1272

1256SEP1234 14

1078

875

384 62

<$350,000

DEC 14 770

571 480 508 427

310 $350,000+

$500,000+

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

$500,000+

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

SALES (p)

21 54

22 47

$1m+

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

BRISBANE SURROUNDS UNIT14SALES (p) SEP 14 DEC

IPSWICH, BAY & REDLAND 629 And while the INCLUDES inner575 cityLOGAN, unitMORETON market continues to steal the SEP 14 DEC 14 516 spotlight in terms of new541 unit sales, it was the outer lying 282 260of Acacia Ridge and Boondall that made the top suburbs 239 225 10 for highest increase in sales activity over the year.

132

117 New townhouse both of these101suburbs have 100 66 58 complexes in 51 the 46 strong returns proved popular with investors, given 5 3 these properties are$350,000+ reportedly achieving. <$350,000 $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information.

<$250,000 $250,000+ $350,000+ $500,000+ RENTAL MARKET Source: REIQ, data provided by RP Data.

$1m+

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

SUNSHINE COAST & NOOSA HOUSE SALES City (p) Over the three months to December, Brisbane and Ipswich City,GOLD wereCOAST the only regions in SEQ to see UNIT SALES (p) SEP 14 DEC 14 vacancy levels return healthier As at the end of 443 SEPto 14459 DEC 14 levels. 426 3732.9 per cent, with both December, the vacancy rate was 560 the inner and outer509 Brisbane suburbs seeing their vacancy 457 426 levels increase. 296

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

276 280

243

As seen76 over88 the Christmas-New Year period in 2013, inner 46 43 Brisbane recorded a significant increase in 59 its vacancy 65 rate, up <$350,000 0.9 percentage points to$500,000+ 3.8 per cent.$1m+ $350,000+ (p) Preliminary. See explanatory notes for further information. $500,000+ <$250,000 $250,000+ $350,000+ The level of supply onto the market is$1m+ no doubt Source: REIQ, data provided by RP coming Data. (p) Preliminary. See explanatory notes for further information. contributing to bythis increase, however many REIQ agents Source: REIQ, data provided RP Data. also point out that there is a general mass exodus of SUNSHINE COAST & NOOSA UNIT SALES (p) tenants – namely students – over the Christmas period, SEP 14 DEC 14 as well as first home buyers becoming more active in the 215 sales market. 203 194

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

177

Meanwhile in Brisbane’s outer suburbs, vacancy rates 112 101 remain108 tight 83 at 2.4 percent, despite easing 0.5 percentage points since September. 35

The strength of the Brisbane rental market is also evident in the<$250,000 total number of bonds held$500,000+ by the RTA.$1m+ State-wide $250,000+ $350,000+ (p) Preliminary. See explanatory notes for further information. total bonds had increased by 12,600 new bonds compared Source: REIQ, data provided by RP Data. to 12 months ago, with 26 percent of this increase occurring within the Brisbane City council area, and predominantly for unit and townhouse rentals.

<$2

(p) Preliminary. Source: REIQ, da

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 (LGA)

3,378

$600,000

3.4%

$580,000

8.4%

17.9%

JINDALEE

$499,000

2.9%

$495,000

5.8%

7.7%

BRISBANE (LGA) ^

$950,000

3.0%

$922,500

7.3%

8.5%

KANGAROO POINT

N/A

$760,000

3.6%

16.9%

ACACIA RIDGE

$340,000

-4.4%

$335,000

9.7%

2.1%

KARANA DOWNS

N/A

$385,000

-1.9%

-3.5%

ALBION

$697,000

N/A

$686,250

-0.8%

20.4%

KARANA DOWNS ^

N/A

$485,000

7.8%

ALDERLEY

$711,000

-1.3%

$671,875

4.2%

14.3%

KEDRON

$608,750

-3.2%

$623,500

11.3%

28.6%

ALGESTER

$444,444

-5.4%

$450,500

7.5%

14.0%

KELVIN GROVE

$696,025

8.4%

$671,000

3.1%

8.1%

ANNERLEY

$647,500

0.4%

$665,000

19.6%

24.3%

KENMORE

$565,000

-7.0%

$570,000

1.6%

13.9%

ASCOT ~

$1,240,000

33.7%

$1,300,000

16.1%

23.5%

KEPERRA

$465,000

1.5%

$461,000

11.1%

8.5%

ASHGROVE ~

$840,000

11.3%

$790,000

2.6%

24.2%

KURABY

$573,000

-2.1%

$562,500

0.7%

12.8%

ASPLEY

$520,000

-6.1%

$522,000

8.8%

13.0%

LOTA ~

$690,000

30.2%

$550,000

5.3%

18.0%

AUCHENFLOWER

$851,000

-3.1%

$911,050

9.6%

12.5%

LUTWYCHE

$730,000

1.4%

$732,500

-1.7%

24.7%

BALD HILLS

$412,000

8.4%

$385,000

4.9%

0.7%

MACGREGOR

$673,000

0.4%

$625,000

6.8%

27.2%

BALMORAL ~

$955,000

-8.4%

$890,000

7.2%

26.7%

MACKENZIE

N/A

$699,000

11.0%

N/A

BANYO

$445,000

1.4%

$435,000

3.6%

8.8%

MANLY ~

$790,000

19.2%

$677,500

17.8%

15.8%

BARDON

$808,250

-1.7%

$840,000

15.1%

20.0%

MANLY WEST ~

$547,000

11.1%

$515,000

7.3%

7.7%

BELLBOWRIE

$415,000

N/A

$463,500

7.2%

0.8%

MANSFIELD

$550,000

2.9%

$551,625

10.5%

19.9%

BELMONT ~

$578,000

14.0%

$575,000

6.8%

2.1%

MCDOWALL

$620,000

5.9%

$600,000

8.1%

16.1%

BOONDALL

$427,000

0.4%

$425,000

3.7%

3.2%

MIDDLE PARK

$520,500

1.5%

$525,000

4.5%

6.8%

BRACKEN RIDGE

$435,000

3.6%

$416,000

0.5%

1.5%

MITCHELTON

$580,000

0.4%

$560,000

10.9%

17.9%

BRIDGEMAN DOWNS

$697,500

8.0%

$700,000

5.3%

2.5%

MOGGILL

N/A

$505,000

1.6%

8.0%

BRIGHTON

$480,000

8.6%

$440,000

7.6%

12.8%

MOOROOKA

$554,000

0.7%

$549,000

6.6%

18.1%

BROOKFIELD ^

N/A

$1,027,500

N/A

MORNINGSIDE

$632,500

-5.7%

$638,000

6.6%

16.0%

BULIMBA

$1,075,000

7.5%

$1,100,000

18.0%

35.9%

MOUNT CROSBY ^

N/A

$510,000

-5.6%

-2.9%

CALAMVALE

$576,000

4.3%

$560,000

5.9%

15.8%

MOUNT GRAVATT

$579,000

4.6%

$554,000

8.6%

16.4%

CAMP HILL

$772,500

7.8%

$740,000

9.6%

27.6%

MOUNT GRAVATT EAST

$560,000

-0.1%

$560,000

13.1%

24.4%

CANNON HILL ~

$662,500

-10.5%

$675,000

14.4%

34.3%

MURARRIE

$595,000

7.2%

$575,000

23.7%

27.8%

CARINA

$550,000

-2.4%

$552,500

7.8%

17.6%

NEW FARM

$1,250,000

0.0%

$1,260,000

5.2%

32.6%

CARINA HEIGHTS

$557,000

-2.3%

$587,500

10.5%

17.7%

NEWMARKET

$765,800

3.5%

$736,250

10.2%

15.8%

CARINDALE

$735,000

1.4%

$712,500

5.9%

9.6%

NORMAN PARK ~

$772,500

12.0%

$765,000

12.5%

18.6%

CARSELDINE

$612,500

9.9%

$559,000

7.5%

9.6%

NORTHGATE ~

$650,000

10.2%

$598,000

8.7%

15.0%

CHAPEL HILL

$692,000

2.9%

$675,000

4.7%

8.9%

NUDGEE ~

$455,000

-18.2%

$565,356

4.9%

21.3%

CHELMER ~

$1,342,500

76.1%

$981,500

16.2%

13.8%

NUNDAH

$720,000

3.2%

$650,000

5.7%

24.4%

CHERMSIDE ~

$492,000

-14.8%

$556,750

16.7%

27.1%

OXLEY ~

$526,000

13.7%

$481,000

6.1%

13.2%

CHERMSIDE WEST

$517,500

-0.5%

$510,000

15.2%

14.0%

PADDINGTON

$898,000

1.8%

$903,000

8.8%

29.9%

CLAYFIELD ~

$952,500

23.7%

$922,743

12.7%

10.8%

PARKINSON

$583,000

-2.8%

$575,000

8.5%

18.1%

COOPERS PLAINS

$460,000

1.7%

$460,000

-1.1%

16.5%

PULLENVALE ^

N/A

$925,000

-3.9%

0.5%

COORPAROO

$785,000

7.5%

$725,000

10.7%

16.0%

RED HILL

$755,000

-3.2%

$750,000

12.5%

10.1%

CORINDA ~

$645,000

19.1%

$553,000

0.0%

-9.7%

RIVERHILLS

$420,000

-2.9%

$435,000

1.8%

4.8%

DARRA

$372,500

0.8%

$360,000

14.3%

4.3%

ROBERTSON

$725,000

N/A

$725,000

3.9%

16.0%

DEAGON

$370,000

-4.3%

$396,500

7.2%

5.7%

ROCHEDALE

N/A

$845,000

N/A

DOOLANDELLA

N/A

$420,000

1.8%

20.0%

ROCKLEA

N/A

$370,000

19.8%

0.5%

DREWVALE

$488,500

N/A

$482,500

4.0%

5.7%

RUNCORN ~

$539,000

17.7%

$499,300

14.8%

20.3%

DURACK

$405,058

9.4%

$369,100

11.5%

7.8%

SALISBURY

$510,100

6.5%

$491,500

9.2%

15.6%

EAST BRISBANE

$715,000

-2.1%

$726,000

12.6%

14.8%

SANDGATE

$506,500

-5.3%

$564,500

8.6%

13.2%

EIGHT MILE PLAINS

$695,000

6.9%

$659,000

8.0%

17.1%

SEVEN HILLS

N/A

$652,500

5.2%

12.5%

ENOGGERA

N/A

$583,000

5.8%

15.0%

SEVENTEEN MILE ROCKS

N/A

$630,000

14.5%

32.6%

EVERTON PARK

$508,000

-0.9%

$510,000

2.9%

13.3%

SHERWOOD ~

$842,500

23.0%

$759,500

7.0%

16.8%

FAIRFIELD

N/A

$700,000

25.6%

19.7%

SINNAMON PARK ~

$654,500

13.3%

$605,000

7.1%

5.2%

FERNY GROVE

$520,000

4.2%

$525,000

4.0%

9.4%

SPRING HILL

N/A

$895,000

N/A

27.9%

FIG TREE POCKET ~

$798,000

10.4%

$866,500

17.5%

18.7%

ST LUCIA ~

$961,000

-18.6%

$1,031,250

13.3%

16.9%

FITZGIBBON

$441,250

1.4%

$425,000

6.8%

3.0%

STAFFORD

$538,000

-6.5%

$530,000

11.6%

18.0%

FOREST LAKE

$388,000

-3.0%

$400,000

5.3%

5.4%

STAFFORD HEIGHTS

$525,000

-0.6%

$510,000

6.5%

13.3%

GAYTHORNE

N/A

$622,750

12.6%

19.2%

STRETTON

$781,500

10.0%

$747,500

18.7%

16.8%

GEEBUNG

$450,000

-4.8%

$475,000

11.8%

SUNNYBANK ~

$691,500

10.2%

$615,000

11.8%

21.7%

GORDON PARK

$817,500

7.7%

$770,000

22.4%

39.6%

SUNNYBANK HILLS

$570,000

-3.6%

$579,000

14.7%

28.7%

GRACEVILLE ~ f

$1,090,000

91.2%

$719,000

-3.6%

19.3%

TAIGUM

N/A

$476,500

11.3%

8.3%

GRANGE

$789,000

6.2%

$770,000

14.6%

15.9%

TARINGA

$800,500

-2.9%

$806,000

7.5%

13.8%

GREENSLOPES

$620,000

7.5%

$615,000

4.6%

14.4%

TARRAGINDI ~

$680,000

10.7%

$620,000

7.8%

17.0%

HAMILTON ~

$1,352,500

50.3%

$977,500

-14.0%

-4.6%

TENERIFFE

N/A

$1,480,000

N/A

HAWTHORNE

$1,075,000

2.4%

$1,067,500

11.8%

39.5%

THE GAP

$593,500

-2.3%

$570,000

0.4%

10.1%

HEATHWOOD

$538,500

5.3%

$530,000

-5.5%

6.3%

TINGALPA

$458,000

-0.4%

$463,000

5.2%

7.9%

HEMMANT

$425,000

N/A

$420,750

9.3%

3.9%

TOOWONG

$880,500

3.6%

$767,000

12.0%

21.7%

HENDRA ~

$860,000

13.9%

$830,000

8.9%

13.6%

UPPER KEDRON

$585,000

8.3%

$542,500

0.6%

1.4%

HIGHGATE HILL

$1,010,000

N/A

$900,500

16.6%

20.7%

UPPER MOUNT GRAVATT

$530,000

3.5%

$544,905

12.4%

21.1%

HOLLAND PARK

$660,000

9.5%

$605,000

11.9%

21.7%

VIRGINIA

$529,000

0.3%

$508,000

16.8%

18.1%

HOLLAND PARK WEST

$605,500

-1.0%

$585,000

2.4%

11.0%

WAKERLEY ~

$790,000

30.9%

$690,000

5.3%

25.5%

INALA

$307,500

-0.8%

$304,000

8.4%

4.8%

WAVELL HEIGHTS

$595,000

0.8%

$585,000

10.4%

21.4%

INDOOROOPILLY

$772,500

-2.2%

$757,500

7.4%

20.7%

WEST END

$977,500

-3.4%

$952,500

10.8%

31.9%

JAMBOREE HEIGHTS

N/A

$448,750

7.0%

6.5%

WESTLAKE

$606,500

-2.5%

$630,000

0.8%

12.5%

DECEMBER 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

WILSTON ~

$925,000

23.7%

$859,500

8.3%

15.8%

LUTWYCHE

$430,000

2.1%

$407,000

-9.4%

13.1%

WINDSOR ~

$790,000

14.5%

$714,500

4.7%

19.1%

MANLY WEST

N/A

$370,000

4.2%

-5.1%

WISHART

$620,000

8.2%

$590,000

11.3%

19.6%

MCDOWALL

N/A

$405,000

3.8%

-1.2%

WOOLLOONGABBA ~

$746,000

14.9%

$660,000

10.0%

18.9%

MILTON

N/A

$488,000

-9.0%

-10.4%

WOOLOOWIN

$685,001

2.2%

$733,500

-2.2%

17.4%

MOOROOKA ~ t

$318,000

-20.0%

$365,000

-2.9%

9.9%

WYNNUM

$600,000

4.8%

$555,000

9.9%

16.7%

MORNINGSIDE

$461,050

-3.3%

$475,000

4.9%

12.8%

WYNNUM WEST

$466,500

-0.7%

$475,000

9.8%

6.7%

MOUNT GRAVATT

N/A

$435,000

0.0%

N/A

YERONGA

$780,000

8.3%

$707,500

8.8%

3.3%

MOUNT GRAVATT EAST

$378,000

-1.0%

$385,000

-7.8%

6.1%

ZILLMERE

$410,000

5.6%

$405,000

7.9%

8.0%

SALES MARKET - UNITS & TOWNHOUSES BRISBANE CITY (LGA)

1,685

$418,500

-0.4%

$422,000

3.6%

8.2%

NEW FARM

$528,500

-4.9%

$560,150

4.2%

19.6%

NEWMARKET

N/A

$455,000

13.6%

9.4%

NEWSTEAD ~

$750,000

-14.3%

$775,000

7.6%

50.5%

NORMAN PARK

N/A

$490,000

1.9%

2.8%

ACACIA RIDGE * t

$348,000

0.0%

$348,000

N/A

NORTHGATE

$368,950

-7.2%

$401,400

13.1%

7.0%

ALBION ~

N/A

$440,000

-24.3%

4.8%

NUNDAH

$375,000

2.7%

$397,950

-5.3%

ALDERLEY

$532,500

4.9%

$460,250

3.4%

26.1%

PADDINGTON

$497,000

-7.6%

$504,000

-0.2%

12.0%

ANNERLEY * t

$420,000

-2.7%

$438,000

11.5%

20.0%

PARKINSON ~

N/A

$330,000

-16.0%

N/A

ASCOT ~

$500,000

16.0%

$440,000

14.3%

11.4%

RED HILL

N/A

$422,500

1.1%

17.4%

ASHGROVE t

$405,000

-9.5%

$484,000

15.2%

19.5%

RICHLANDS

$352,400

N/A

$349,900

4.4%

7.7%

ASPLEY ~

$375,000

-4.0%

$390,000

7.2%

7.3%

RUNCORN

$325,000

-1.1%

$335,000

-0.8%

0.0%

AUCHENFLOWER ~

$410,000

-12.5%

$462,500

-3.1%

7.7%

SHERWOOD

N/A

$465,000

7.5%

9.1%

BALMORAL

$515,550

N/A

$480,500

-3.9%

12.9%

SOUTH BRISBANE

$470,000

2.2%

$492,000

1.4%

22.6%

BANYO

N/A

$500,000

N/A

29.9%

SPRING HILL

$435,400

3.5%

$390,000

2.3%

0.0%

BOONDALL * t

N/A

$394,000

2.6%

N/A

ST LUCIA

$489,000

2.3%

$475,000

0.0%

5.6%

BOWEN HILLS ~

$415,250

-10.7%

$426,000

5.6%

2.3%

STAFFORD

$415,000

N/A

$395,000

-1.3%

8.5%

BRISBANE CITY *

111

$491,750

4.2%

$495,000

3.1%

13.8%

SUNNYBANK HILLS

N/A

$360,000

11.6%

-0.8%

BULIMBA

$537,500

-8.5%

$557,500

-3.0%

7.2%

TAIGUM ~

$313,000

-13.4%

$382,500

8.4%

10.9%

CALAMVALE

$377,000

5.1%

$376,900

2.4%

4.7%

TARINGA * t

$437,000

1.6%

$425,000

4.9%

6.3%

CARINA

$449,500

9.6%

$445,000

6.0%

5.6%

TENERIFFE ~

$496,500

-20.4%

$607,250

5.6%

13.5%

CARINA HEIGHTS ~ t

$402,500

-12.3%

$459,000

3.1%

3.8%

THE GAP

N/A

$447,000

N/A

8.0%

CARINDALE

N/A

$455,000

12.5%

-14.7%

TINGALPA ~

N/A

$340,000

3.7%

-1.2%

CARSELDINE

$382,000

N/A

$395,000

1.3%

9.7%

TOOWONG

$428,750

-4.7%

$445,500

-10.0%

7.3%

CHERMSIDE

$410,000

2.6%

$405,000

1.9%

-2.4%

UPPER MOUNT GRAVATT ~

$385,500

-25.5%

$470,000

29.7%

24.7%

CLAYFIELD

$374,000

-2.2%

$391,000

4.3%

8.6%

WAVELL HEIGHTS ~

N/A

$435,500

15.2%

-2.1%

COOPERS PLAINS

N/A

$390,000

-5.8%

N/A

WEST END

$540,000

2.1%

$526,498

1.9%

-4.3%

COORPAROO

$388,250

2.8%

$385,500

2.3%

5.5%

WILSTON

N/A

$428,750

N/A

10.8%

DOOLANDELLA

N/A

$339,000

-2.5%

N/A

WINDSOR ~

$460,000

13.6%

$407,500

-9.4%

14.8%

DURACK

N/A

$349,000

-0.3%

N/A

WISHART

$366,450

-6.0%

$375,500

4.9%

7.0%

EAST BRISBANE

$453,000

1.8%

$442,500

6.6%

10.9%

WOOLLOONGABBA

N/A

$399,000

-0.3%

-6.6%

EIGHT MILE PLAINS

$391,500

1.4%

$390,000

5.4%

6.3%

WOOLOOWIN

N/A

$362,500

1.7%

5.6%

ELLEN GROVE

N/A

$346,000

0.0%

3.1%

WYNNUM

$365,000

N/A

$370,000

-0.3%

2.8%

ENOGGERA

N/A

$392,000

-5.5%

0.9%

WYNNUM WEST

N/A

$340,000

-9.3%

7.9%

EVERTON PARK

$395,000

-5.7%

$420,000

5.1%

19.5%

YEERONGPILLY

N/A

$420,250

11.6%

-2.8%

FAIRFIELD ~

N/A

$419,000

19.7%

-3.1%

YERONGA ~

$395,000

-26.5%

$435,500

3.7%

11.1%

FORTITUDE VALLEY

$490,000

5.6%

$475,000

13.1%

17.3%

ZILLMERE

$335,000

0.0%

$335,000

-6.9%

-4.3%

GAYTHORNE * t

N/A

$430,000

4.9%

13.2%

GORDON PARK

N/A

$365,000

-0.3%

6.2%

GREENSLOPES ~

$329,000

-15.9%

$365,000

0.0%

-0.4%

HAMILTON

$540,000

-0.9%

$535,000

3.0%

21.6%

HAWTHORNE

N/A

$519,000

9.8%

21.0%

HIGHGATE HILL ~ t

$560,000

43.6%

$500,000

-8.2%

19.0%

HOLLAND PARK WEST

N/A

$373,500

-1.8%

N/A

INDOOROOPILLY ~ *

$430,875

0.0%

$465,000

7.5%

6.9%

KANGAROO POINT ~ f

$561,000

26.1%

$508,000

2.2%

11.3%

KEDRON ~ * t

$477,500

24.3%

$419,000

18.0%

26.2%

KELVIN GROVE

$445,000

-3.1%

$462,000

-7.5%

6.2%

KURABY

N/A

$295,000

1.7%

-6.9%

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 (LGA)

100

$345,000

3.0%

$330,000

11.9%

20.0%

BRISBANE (LGA) ^ ~

N/A

$615,500

-32.5%

36.8%

BRIDGEMAN DOWNS *

N/A

$420,000

13.7%

20.2%

BRIGHTON

N/A

$278,000

-0.7%

N/A

CARINDALE

N/A

$470,000

-5.1%

N/A

CARSELDINE

N/A

$340,000

-2.9%

21.4%

FITZGIBBON *

$196,500

15.1%

$213,500

26.4%

N/A

HEATHWOOD *

N/A

$269,000

N/A

14.5%

KURABY

N/A

$334,500

2.1%

4.2%

MOGGILL

N/A

$255,000

0.0%

7.5%

OXLEY

N/A

$290,500

1.9%

18.6%

ROCHEDALE

N/A

$425,000

7.7%

N/A

SUNNYBANK *

N/A

$482,500

N/A

12.5%

SUNNYBANK HILLS *

N/A

$466,500

N/A

55.5%

UPPER KEDRON *

N/A

$325,000

8.4%

N/A

WYNNUM

N/A

$344,900

N/A

BRISBANE CITY LAND SALES (p) SEP 14

DEC 14

49 36

<$250,000

$250,000+

$350,000+

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

CODE

SEP 14

341

344

LOCALITYL

$/WEEK

4054

ARANA HILLS

$395

$400

4061

THE GAP

$450

SOUTH - INNER

$420

283

$420

356

4103

ANNERLEY

$455

$440

4104

YERONGA

$520

$450

4105

MOOROOKA

$400

$410

4120

GREENSLOPES

$450

4121

HOLLAND PARK

$435

$425

4122

MANSFIELD

$400

121

$400

131

SOUTH - OUTER

$380

268

$375

294

4106

ROCKLEA

$350

4107

SALISBURY

$385

$370

4108

COOPERS PLAINS

$360

$365

4109

MACGREGOR

$400

$390

4110

ACACIA RIDGE

$350

4112

KURABY

$345

$350

4113

EIGHT MILE PLAINS

$375

$390

4115

ALGESTER

$400

$380

4116

CALAMVALE

$400

$390

$460

260

LAND

COORPAROO

4152 4170

$450

CAMP 60 HILL

$440

102

$450

CANNON HILL

$475

$450

4171

BALMORAL

$520

$550

4172

MURARRIE

$410

$450

SOUTH EAST - OUTER

$420

4153

BELMONT

$420

$445

4154

GUMDALE

2$415

0$520

4173

TINGALPA

$420

$410

$250,000+ $440

$350,000+ $440

$490

$400

$360

326

CORINDA

$420

SOUTH WESTFRASER - OUTER

NEW BONDS $/WEEK

NEW BONDS

$470 14 DEC

SEP 14

(p) Preliminary. See explanatory notes for further information. 4068REIQ, data CHELMER $450 Source: provided by RP Data.

DEC-13

NEW BONDS $/WEEK

LAND (p) SOUTH EAST TOOWOOMBA - INNER $450 SALES274

4151

4075

DECDEC-14 14

DEC-13

LOCALITYL

<$250,000 SOUTH WEST - INNER

$500,000+

BRISBANE SURROUNDS LAND SALES (p) Includes IPSWICH, LOGAN, MORETON BAY & REDLAND RENTAL MARKET - 3 BED HOUSES POST

DEC-14

CODE

4069

BROOKFIELD

4073

SEVENTEEN MILE ROCKS 62

4074

JINDALEE

COAST LAND (p) $350 SALES283

SEP 14

$450 DEC 14

$430

$410

$395

$380

$420

2548

$410

2779

4076

DARRA

$330

BAYSIDE

$420

124

$405

119

4077

DOOLANDELLA

$310

$315

4178

WYNNUM

$420

$405

4078

FOREST LAKE

$350

4179

MANLY

$420

$410

196 19

$550 9

$550

CITY INNER 4000

BRISBANE CITY

4005

NEW FARM <$250,000

$550

$600

$250,000+

$600

16 $350,000+

$770 $500,000+

224

BRISBANE CITY

BAYSIDE <$250,000

(p) Preliminary. explanatory notes for further information. 4006 BOWENSee HILLS $470

$475

4064

PADDINGTON

4066

TOOWONG

4067

ST LUCIA

4101

WEST END

4102

WOOLOONGABBA 91

4169

Source: REIQ, data provided by RP Data.

$580

$495

$530

$525

4000

BRISBANE CITY

$595

4005

NEW FARM

$490

$495

4006

49 HILLS BOWEN

EAST BRISBANE

$500

$520

4064

NORTH - INNER

$460

281

$470

299

4066

$520

$565

$550

$525

SEP 14

102

$545

ASCOT

4011

CLAYFIELD

4012

NUNDAH

$440

4030

LUTWYCHE

$485

4031

GORDON PARK <$250,000

$250,000+

$400

DEC 14

NORTH - OUTER

4014

$395

NORTHGATE SUNSHINE COAST VIRGINIA

4017

BRACKEN RIDGE

4018

FITZGIBBON 46

4032

CHERMSIDE

4034

ASPLEY

4036

BALD HILLS

$460

49 26

$400

4179

241

PADDINGTON

$420

$400

TOOWONG 29

$400

166

$400

197

4067

ST LUCIA

$410

$380

4101

WEST END

$530

325

$510

238

4102

WOOLOONGABBA

$450

$470

4169

EAST BRISBANE

$460

138

$495

163

792$350,000+ $360

840

155

$420

146

$380

$350

155

4010

ALBION

4011

CLAYFIELD NUNDAH

110

$370

112

4030

LUTWYCHE

$380

$395

4031

$395

4051

$395

145

$380

127

$360

4013

$495

123

180

$360

126

$350

135

GORDON PARK 20

$315

$330

ALDERLEY

$360

137

$350

113

NORTH - OUTER

$350

211

$350

256

NORTHGATE

$320

$300

4017

BRACKEN RIDGE

$290

$285

$345 2

$330

$385

109

$385

120

SEP 14

$500

4018

FITZGIBBON

4060

ASHGROVE

$465

$510

4032

CHERMSIDE

4065

BARDON <$250,000

$460 26 $500,000+

4034

ASPLEY

136

$395

$350SALES (p) 117 GLADSTONE LAND

$365

$550

$400

$360 $250,000+

168

KELVIN GROVE

127

$365

4059

224

DEC 14

4007 ASCOT $435 (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

$410

SEP 14

NORTH - INNER <$250,000

4012

$415

1567 270

$540

STAFFORD

$490

NORTH WEST - INNER

4053

$320

300

400

207

$480

NORTH See WEST - OUTERnotes for further information. $415 (p) Preliminary. explanatory Source: REIQ, data provided by RP Data.

251

$385

20 $250,000+ $500 $350,000+

$330

$510

399

$495SALES (p) 1647 BUNDABERG LAND

<$250,000

DEC 14

$340 $250,000+

$350 $350,000+

(p) Preliminary. See Source: REIQ, data

3992

$330 $350,000+

275

$395

$520

$400

$580

$460

248

DEC 14

$340

4051

$580

$390

$340 $250,000+

MANLY

CITY INNER

$450 37 $500,000+

16 $395 &$360 NOOSA LAND SALES (p)

SEP 14

10 $450

39 $350,000+

4051 ALDERLEY $480 (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

70 9

$400

(p) Preliminary. See explanatory notes for further information. 4178 WYNNUM $330 Source: REIQ, data provided by RP Data.

28 (p) GOLD COAST$500 LAND SALES

4007

4013

RENTAL MARKET - 2 BED 3 UNITS 2

110

BRISBANE CITY

(p) Preliminary. Se Source: REIQ, data

(p) Preliminary. See Source: REIQ, data

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

(p) Preliminary. Se Source: REIQ, data

DECEMBER QUARTER 2014

BRISBANE MARKET UPDATES

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

RENTAL MARKET - 3 BED TOWNHOUSES

DEC-14 LOCALITYL

$/WEEK

DEC-13

NEW BONDS $/WEEK

NEW BONDS

POST CODE

DEC-14 LOCALITYL

$/WEEK

DEC-13

NEW BONDS $/WEEK

NEW BONDS

NORTH WEST - INNER

$440

177

$400

176

BRISBANE CITY

$405

1664

$405

1531

4059

KELVIN GROVE

$450

113

$420

111

BAYSIDE

$400

$390

4060

ASHGROVE

$450

$390

4178

WYNNUM

$400

$390

4065

BARDON

$310

$305

4179

MANLY

$400

$385

NORTH WEST - OUTER

$370

$385

CITY INNER

$600

STAFFORD

$370

$385

4000

BRISBANE CITY

$600

SOUTH - INNER

$350

395

$350

372

4005

NEW FARM

$750

$720

4103

ANNERLEY

$340

104

$350

4006

BOWEN HILLS

$460

$510

4104

YERONGA

$340

4064

PADDINGTON

$545

$600

4105

MOOROOKA

$350

$330

4066

TOOWONG

$540

$580

4120

GREENSLOPES

$350

4067

ST LUCIA

$565

$595

4121

HOLLAND PARK

$350

$325

4101

WEST END

$650

$600

4122

MANSFIELD

$395

$385

4169

EAST BRISBANE

$630

SOUTH - OUTER

$355

$308

NORTH - INNER

$480

$495

127

4108

COOPERS PLAINS

$350

$320

4007

ASCOT

$560

$520

4109

MACGREGOR

$380

$325

4011

CLAYFIELD

$590

$580

4113

EIGHT MILE PLAINS

$435

$430

4012

NUNDAH

$455

$465

4115

ALGESTER

$350

$285

4030

LUTWYCHE

$550

$500

SOUTH EAST - INNER

$370

382

$375

368

4031

GORDON PARK

$480

$445

4151

COORPAROO

$350

147

$350

155

4051

ALDERLEY

$480

$490

4152

CAMP HILL

$380

$360

NORTH - OUTER

$385

204

$380

176

4170

CANNON HILL

$380

$390

4013

NORTHGATE

$420

$430

4171

BALMORAL

$430

$425

4017

BRACKEN RIDGE

$370

$365

SOUTH WEST - INNER

$380

261

$375

202

4018

FITZGIBBON

$380

$360

4068

CHELMER

$380

218

$380

159

4032

CHERMSIDE

$445

$430

4075

CORINDA

$345

$330

4034

ASPLEY

$390

SOUTH WEST - OUTER

$320

$330

4036

BALD HILLS

$365

$350

FOREST LAKE

$330

$325

NORTH WEST - INNER

$520

N/A

ASHGROVE

$495

$490

NORTH WEST - OUTER

$420

4053

STAFFORD

$420

4054

ARANA HILLS

$380

$365

SOUTH - INNER

$430

135

$430

161

4103

ANNERLEY

$450

$480

4104

YERONGA

$440

4105

MOOROOKA

$440

$445

4120

GREENSLOPES

$485

$440

4121

HOLLAND PARK

$430

$440

4122

MANSFIELD

$420

SOUTH - OUTER

$390

426

$390

334

4107

SALISBURY

$370

$480

4109

MACGREGOR

$405

$400

4110

ACACIA RIDGE

$340

$350

4112

KURABY

$380

$370

4113

EIGHT MILE PLAINS

$400

155

$400

139

4115

ALGESTER

$370

$375

4116

CALAMVALE

$385

101

$380

SOUTH EAST - INNER

$480

245

$485

189

4151

COORPAROO

$500

$490

4152

CAMP HILL

$450

104

$450

4170

CANNON HILL

$490

4171

BALMORAL

$585

$575

4172

MURARRIE

$520

SOUTH EAST - OUTER

$405

4153

BELMONT

$425

$430

4154

GUMDALE

$405

$410

4173

TINGALPA

$385

$380

SOUTH WEST - INNER

$460

$410

4068

CHELMER

$520

$510

4075

CORINDA

$400

SOUTH WEST - OUTER

$365

195

$355

187

4073

SEVENTEEN MILE ROCKS

$440

$410

4074

JINDALEE

$390

$400

4076

DARRA

$375

$350

4077

DOOLANDELLA

$360

110

$340

118

4078

FOREST LAKE

$345

$355

4053

4078

4060

DID YOU KNOW?

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

Interstate investors are beginning to see more value in the Brisbane market

10 QUEENSLAND MARKET MONITOR

N.A.

BRISBANE MARKET UPDATES

GREATER BRISBANE Residential property markets in Greater Brisbane continue to strengthen, with the median house price for the Brisbane statistical division recording an increase of 5.5 per cent over the year and an increase of 10 per cent in sales volumes. Typically a quieter time of year, house sales volumes were down across the surrounding council areas except for Redland council which saw an increase in house sales numbers of six per cent over the December quarter. All regions, however, had strong sales growth over the year. Despite a drop off in volumes over the quarter, the unit and townhouse markets also continue to see improving market conditions with a number of new developments selling well to interstate investors attracted by the relative affordability and strong gross rental yields being acheived in the region. BRISBANE HOUSE MARKETS December Qtr 2014

Brisbane Redland ↑Moreton Bay Logan Ipswich

RISING

FALLING

RECOVERING

STABILISING

Source: REIQ

HOUSE MARKET QUEENSLAND HOUSE MARKETS December Qtr 2014

Over the December quarter all council areas recorded continued growth in median house prices, with Ipswich SD recordingBrisbane the strongest growth of 6.7 per cent on the back RISING FALLING Toowoomba of strong sales at the upper end of the market. Gold Coast Sunsine Coast According to local agents the Ipswich market is now Cairns seeing sustainable growth in sales and price increases. The outlook remains very positive and agents are expecting strong price growth over the next five to seven Fraser Coast RECOVERING STABILISING years. Infrastructure upgrades along with new housing Townsville developments are paving the way for improved lifestyle for Gladstone local residents. Bundaberg Rockhampton Source: REIQ

↑Mackay

Logan also performed strongly over the year with sales activity up 20 per cent, followed by Moreton Bay Regional which was up 13 per cent over the period. Both regions recorded increases to their median house price of 3.3 and 3.5 per cent respectively over the 2014 calender year. The Kippa-ring rail extension is reportedly progressing ahead of schedule and attracting buyers to the area according to local agents. Investors are said to be looking at proximity to the rail line have buoyed buying activity in both houses and units in Kippa-Ring Kallangur and surrounding areas.

Overall, however, Redland was the star performer with an increase in buyer activity over the December quarter and year. It’s annual median house price also recorded the strongest result up 4.1 and 4.4 per cent compared to one and five years ago. Redland City and Moreton Bay also posted the greatest improvement in average days on market for the Greater Brisbane region, down 17 and 16 days respectively. Meanwhile, Redland recorded the greatest improvement in average vendor discounting for the region, improving by 3.9 percentage points. UNIT MARKET

Greater Brisbane’s outer-suburban unit and townhouse market is going ahead in leaps and bounds, amid increasing sales volumes and growing buyer confidence. New townhouse and medium-rise unit developments are proving popular with investors, particularly those from interstate who are being attracted by the relative affordability and also the good rental returns for units and townhouses. The suburb of Kingston in Logan recorded the highest increase in unit sales over the year for the surrounding council areas, thanks to strong buyer activity in both the established and new unit market. Investors were particularly drawn to a new large townhouse and unit complex located on Juers Street. In Ipswich the suburbs of Goodna and Bandamba also saw strong investor activity in new townhouse complexes. With prices under $350,000 and asking rents around $320 per week, such complexes provide investors great value for money and ongoing rental return. In the Moreton Bay area, the rail extension saw increased buyer activity in the suburbs of Kallangur and Scarborough as well as the ever popular North Lakes. RENTAL MARKET

At the end of December 2014, the surrounding Brisbane council areas all remained in tight conditions, with the exception of Ipswich City, which saw its vacancy rate increase 0.9 per cent to 2.5 per cent – nudging back into the healthy zone. Although conditions remain tight, Logan did record a slight easing in vacancies over the period. Moreton Bay and Redland City saw vacancies tighten further, down 0.6 and one per cent respectively. In Moreton Bay, the vacancy rate was down to 1.2 per cent, the lowest the region has seen in a number of years and Redland City now boasts near full capacity with a vacancy rate of an historical low of 0.8 per cent. Median weekly rents, according to the RTA, remained relatively stable across the Greater Brisbane areas. DECEMBER 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)

6,437

$482,000

3.5%

$472,000

5.5%

11.1%

SPRINGWOOD

$425,000

-2.3%

$435,000

6.1%

BRISBANE (SD) ^

436

$550,000

0.0%

$561,000

2.0%

3.9%

TANAH MERAH

$390,000

0.5%

$389,000

5.8%

-2.8%

UNDERWOOD

$485,000

0.6%

$485,000

5.1%

19.2%

IPSWICH (LGA) ~

524

$320,000

6.7%

$309,250

3.1%

-3.1%

WATERFORD

$380,619

8.0%

$360,000

4.3%

-9.4%

IPSWICH (LGA) ^ ~

$487,500

12.1%

$465,000

4.0%

2.1%

WATERFORD WEST ~

$300,000

-11.9%

$320,000

12.3%

-1.2%

AUGUSTINE HEIGHTS

$542,500

13.0%

$512,500

2.8%

-5.1%

WINDAROO

$440,000

2.3%

$422,500

11.2%

7.8%

BELLBIRD PARK

$322,389

12.1%

$320,000

-2.7%

-1.5%

WOODRIDGE

$262,000

-2.4%

$262,000

11.0%

-3.0%

BOOVAL

N/A

$258,888

-0.4%

-9.8%

YARRABILBA

$354,000

N/A

$389,700

6.5%

N/A 2.9%

BRASSALL

$310,000

-4.3%

$315,000

1.6%

-3.7%

BROOKWATER

$366,500

N/A

$350,000

11.1%

N/A

MORETON BAY (LGA)

1,245

$395,000

3.3%

$391,125

3.5%

BUNDAMBA

$287,500

14.8%

$280,000

1.8%

0.0%

MORETON BAY (LGA) ^

150

$580,000

4.0%

$575,000

4.5%

4.1%

CAMIRA

$345,500

3.1%

$331,935

-0.5%

-2.4%

ALBANY CREEK

$510,000

1.0%

$500,000

1.0%

4.2%

COLLINGWOOD PARK

$292,000

-3.5%

$305,000

3.7%

-6.2%

ARANA HILLS

$505,000

10.3%

$476,000

7.7%

8.9%

EAST IPSWICH

$269,500

N/A

$260,000

8.3%

-5.8%

BANKSIA BEACH

$497,500

-1.0%

$480,000

5.7%

2.1%

EASTERN HEIGHTS

$300,000

9.1%

$288,000

20.0%

2.9%

BEACHMERE

$335,000

1.5%

$320,000

11.3%

-7.2%

FLINDERS VIEW ~

$354,000

-10.2%

$355,000

7.6%

-9.7%

BELLARA

$335,000

2.1%

$333,000

5.7%

-0.6%

GOODNA

$285,000

0.0%

$280,000

1.4%

-5.4%

BELLMERE

$341,000

1.8%

$330,000

3.8%

-8.6%

IPSWICH

N/A

$285,000

3.6%

-13.6%

BONGAREE

$380,000

8.6%

$383,000

0.8%

KARALEE ^

$505,000

8.6%

$510,000

1.5%

-4.0%

BRAY PARK

$379,000

2.4%

$370,000

7.2%

0.7%

LEICHHARDT

$217,000

5.3%

$215,000

3.6%

-13.8%

BUNYA ^

N/A

$746,500

N/A

NEWTOWN

$322,500

N/A

$310,500

-0.7%

-3.8%

BURPENGARY

$370,000

2.8%

$355,500

7.4%

-1.0%

NORTH BOOVAL

N/A

$240,000

2.5%

-16.4%

BURPENGARY ^

$545,000

0.0%

$532,000

2.3%

0.9%

NORTH IPSWICH ~

$263,500

-10.7%

$256,500

11.5%

-10.0%

BURPENGARY EAST

N/A

$399,000

-1.0%

N/A

ONE MILE

N/A

$235,000

6.8%

-4.1%

BURPENGARY EAST ^

$495,500

N/A

$520,000

2.0%

4.0%

RACEVIEW

$312,000

1.8%

$306,500

5.7%

-2.4%

CABOOLTURE

$285,000

2.3%

$287,750

3.1%

-5.7%

REDBANK PLAINS

$310,271

12.0%

$302,000

5.9%

-4.1%

CABOOLTURE ^

N/A

$462,500

4.6%

2.0%

RIVERVIEW

N/A

$237,000

N/A

-7.9%

CABOOLTURE SOUTH ~

$250,500

-16.5%

$270,000

4.2%

-8.0%

ROSEWOOD

N/A

$259,000

1.2%

1.6%

CASHMERE

$666,250

2.5%

$650,000

12.8%

22.6%

SILKSTONE

$270,000

8.0%

$266,000

4.3%

-3.4%

CLONTARF

$385,000

-1.0%

$378,000

8.0%

3.1%

SPRINGFIELD

$367,000

-5.4%

$379,000

1.2%

3.7%

DAKABIN

N/A

$426,500

1.5%

0.4%

SPRINGFIELD LAKES

$407,500

-0.6%

$405,000

6.6%

1.8%

DAYBORO ^

$650,000

N/A

$644,500

N/A

TIVOLI

N/A

$235,000

N/A

-14.1%

DECEPTION BAY

$315,000

3.3%

$305,000

7.0%

-5.3%

YAMANTO

$430,000

8.9%

$365,000

9.0%

4.3%

EATONS HILL

$543,000

-0.9%

$553,500

6.4%

8.0%

ELIMBAH ^

N/A

$477,000

-5.1%

-4.6%

LOGAN (LGA)

771

$354,000

3.8%

$346,000

3.3%

-0.3%

EVERTON HILLS

$495,000

5.7%

$495,000

7.1%

13.8%

LOGAN (LGA) ^

144

$500,000

-2.0%

$509,000

2.8%

1.8%

FERNY HILLS

$457,500

-0.5%

$470,000

4.6%

9.0%

BEENLEIGH

$310,000

10.1%

$295,000

5.4%

-9.9%

GRIFFIN

$435,000

N/A

$435,000

4.8%

8.4%

BETHANIA

N/A

$286,250

0.4%

-10.0%

JOYNER

N/A

$525,000

7.8%

16.7%

BORONIA HEIGHTS

$315,000

-1.6%

$320,000

6.7%

0.8%

KALLANGUR

$330,000

-6.3%

$342,000

5.2%

-2.3%

BROWNS PLAINS

$320,000

-0.9%

$305,000

-1.6%

-6.2%

KIPPA-RING

$360,000

-2.7%

$365,000

2.8%

0.0%

CEDAR GROVE ^

$409,000

N/A

$420,000

5.0%

-1.0%

LAWNTON

$342,000

-2.8%

$343,500

5.7%

0.2%

CEDAR VALE ^

N/A

$430,000

-1.1%

1.4%

MANGO HILL

$500,000

9.3%

$444,000

4.6%

-2.4%

CORNUBIA

$530,000

3.5%

$496,500

9.1%

6.8%

MARGATE

$435,000

13.0%

$381,875

8.5%

6.3%

CORNUBIA ^

N/A

$695,000

N/A

MORAYFIELD

$317,750

0.7%

$316,000

7.1%

-5.7%

CRESTMEAD

$280,000

-5.9%

$288,000

4.3%

-8.3%

MORAYFIELD ^

$555,000

6.5%

$525,000

4.7%

-4.1%

DAISY HILL

$430,000

-0.1%

$440,000

10.8%

12.8%

MURRUMBA DOWNS

$446,000

1.5%

$451,750

6.3%

EAGLEBY

$243,000

-0.8%

$255,000

3.2%

-11.1%

NARANGBA

$462,500

14.6%

$425,000

0.0%

EDENS LANDING ~

$370,000

15.6%

$345,000

1.9%

-4.2%

NARANGBA ^

N/A

$625,000

N/A

FORESTDALE ^

N/A

$649,000

-0.9%

10.5%

NEWPORT

$745,000

-6.0%

$807,500

13.3%

7.7%

GREENBANK ^

$520,063

-3.5%

$528,000

2.5%

1.8%

NINGI ~

$275,000

-13.0%

$350,000

2.9%

9.5%

HERITAGE PARK ~

$375,000

-7.9%

$405,000

7.3%

1.5%

NINGI ^

N/A

$479,500

0.9%

-0.1%

HILLCREST

$331,250

0.5%

$322,250

2.3%

-2.8%

NORTH LAKES

$440,000

0.5%

$449,250

2.4%

2.1%

JIMBOOMBA

N/A

$357,750

-2.8%

-5.5%

PETRIE

$415,000

12.3%

$376,000

3.9%

-0.1%

JIMBOOMBA ^

$470,000

7.5%

$458,500

1.9%

0.3%

REDCLIFFE

$375,000

-2.1%

$380,000

5.6%

KINGSTON

$271,500

1.7%

$270,000

9.8%

-5.3%

ROTHWELL

$397,000

1.5%

$391,000

10.1%

2.9%

LOGAN CENTRAL

$270,000

0.6%

$267,250

9.1%

-2.8%

SAMFORD VALLEY ^

N/A

$861,250

5.0%

7.7% -4.6%

LOGAN RESERVE

N/A

$333,500

N/A

SANDSTONE POINT

$400,000

N/A

$377,000

0.9%

LOGAN VILLAGE ^

N/A

$484,750

-6.8%

-4.0%

SCARBOROUGH ~

$410,000

-16.3%

$455,000

3.4%

LOGANHOLME

$340,000

-5.2%

$350,000

-3.8%

-1.2%

STRATHPINE

$360,000

9.1%

$362,500

8.2%

4.8%

LOGANLEA

$332,500

2.3%

$315,000

11.7%

1.6%

UPPER CABOOLTURE

N/A

$320,000

0.0%

-5.9%

MARSDEN

$333,000

8.3%

$315,500

2.4%

-0.5%

UPPER CABOOLTURE ^

N/A

$520,000

3.5%

-3.3%

MEADOWBROOK ~

$437,000

17.3%

$375,000

6.5%

-3.8%

WAMURAN ^

N/A

$520,000

13.0%

3.5%

MOUNT WARREN PARK ~

$322,000

-10.1%

$340,000

3.0%

-4.2%

WARNER

$480,000

0.7%

$470,000

2.2%

4.9%

MUNRUBEN ^

N/A

$505,000

2.5%

-0.8%

WOODY POINT

$406,000

-3.3%

$395,500

2.7%

6.9%

NEW BEITH ^

N/A

$550,000

5.3%

3.3%

WOORIM

N/A

$410,000

0.0%

-3.0%

REGENTS PARK

$350,000

-4.1%

$355,000

0.7%

-1.4%

ROCHEDALE SOUTH

$455,000

5.8%

$442,000

6.1%

10.5%

SHAILER PARK

$480,000

0.5%

$485,000

6.6%

6.0%

SLACKS CREEK

$312,500

-1.1%

$305,000

8.9%

2.7%

12 QUEENSLAND MARKET MONITOR

BRISBANE MARKET UPDATES

SALES MARKET - HOUSES (CONT’D) NUMBER OF SALES

SUBURB

MEDIAN SALE

SALES MARKET - HOUSES (CONT’D) ANNUAL MEDIAN SALE

QTRLY CHANGE

1YR 5YR CHANGE CHANGE

NUMBER OF SALES

SUBURB

MEDIAN SALE

ANNUAL MEDIAN SALE

QTRLY CHANGE

1YR 5YR CHANGE CHANGE

REDLAND (LGA)

519

$479,000

2.4%

$470,000

4.1%

4.4%

SOMERSET (LGA)

$247,500

-4.6%

$250,000

-3.8%

REDLAND (LGA) ^

$833,250

3.9%

$802,000

5.5%

2.8%

SOMERSET (LGA) ^

$380,000

-0.7%

$380,000

11.8%

-2.7% 7.0%

ALEXANDRA HILLS

$404,000

-0.5%

$410,000

3.7%

2.4%

ESK

N/A

$244,000

N/A

BIRKDALE

$465,000

-5.5%

$490,000

6.5%

8.9%

FERNVALE

N/A

$341,000

N/A

-1.4%

CAPALABA

$440,000

4.5%

$439,000

7.1%

8.9%

FERNVALE ^

N/A

$402,500

1.4%

N/A

CAPALABA ^

N/A

$840,000

2.4%

9.8%

KILCOY

N/A

$238,000

N/A

-14.7%

CLEVELAND

$530,000

5.1%

$515,000

-0.3%

3.0%

LOWOOD

$251,250

N/A

$242,500

-24.2%

-0.5%

MINDEN ^

N/A

$357,500

N/A

2.6%

6.8%

MACLEAY ISLAND ~ f

$104,500

-49.0%

$194,000

-11.8%

-19.2%

MOUNT COTTON

$480,000

11.9%

$479,000

4.1%

5.0%

ORMISTON ~

$679,000

21.8%

$560,000

-5.5%

-1.8%

REDLAND BAY

$485,000

-2.8%

$500,000

5.2%

3.7%

SALES MARKET - UNITS & TOWNHOUSES

RUSSELL ISLAND

$175,000

2.9%

$175,000

-7.4%

-20.5%

BRISBANE (SD)

THORNESIDE

$490,000

10.4%

$445,500

18.8%

4.0%

2,322

$385,000

0.0%

$390,000

THORNLANDS

$529,000

5.7%

$520,000

2.2%

-1.9%

IPSWICH (LGA) * t

$240,000

-0.8%

$295,950

17.4%

13.8%

THORNLANDS ^

N/A

$788,500

N/A

BRASSALL

N/A

$270,000

8.0%

-2.5%

VICTORIA POINT

$497,000

5.2%

$475,000

3.6%

3.3%

BUNDAMBA * t

N/A

$297,900

N/A

WELLINGTON POINT ~

$601,820

16.3%

$546,500

5.1%

9.0%

GOODNA * t

$205,750

-33.6%

$310,000

42.5%

31.8% -21.1%

SURROUNDS LOCKYER VALLEY (LGA)

$243,000

-2.3%

$245,100

2.1%

-5.7%

REDBANK PLAINS ~

N/A

$225,000

N/A

LOGAN (LGA)

223

$240,000

-0.4%

$245,000

-5.0%

-8.9%

BEENLEIGH *

$184,500

-2.9%

$180,000

5.9%

-23.6%

LOCKYER VALLEY (LGA) ^ ~

$355,000

7.6%

$346,000

7.3%

2.4%

DAISY HILL

N/A

$286,000

N/A

-4.3%

GATTON

$264,000

3.2%

$260,000

3.3%

-6.8%

EAGLEBY ~

$220,000

4.8%

$225,250

-24.9%

-28.0%

KENSINGTON GROVE ^

N/A

$345,000

11.3%

-6.8%

HILLCREST

N/A

$216,250

N/A

LAIDLEY

$209,750

N/A

$212,500

-1.2%

-13.6%

KINGSTON * ~

$265,000

-14.5%

$285,000

N/A

-5.0%

LAIDLEY HEIGHTS ^

N/A

$302,000

N/A

-2.6%

LOGAN CENTRAL

N/A

$176,000

6.7%

-8.6%

PLAINLAND ^

N/A

$350,000

8.5%

11.1%

MARSDEN

$336,000

0.6%

$332,000

0.3%

-6.5%

REGENCY DOWNS ^

N/A

$315,000

9.5%

0.0%

MEADOWBROOK

WITHCOTT ^

N/A

$365,053

2.6%

N/A

MOUNT WARREN PARK

6.5%

2.2%

SHAILER PARK ~

BRISBANE CITY HOUSE SALES (p) 51 SEP 14$366,250 8.9% DEC 14

SCENIC RIM (LGA) ~ SCENIC RIM (LGA) ^

$505,000

-1.9%

$485,000

10.2%

3.2%

SLACKS CREEK

BEAUDESERT

$313,000

-3.5%

$325,000

6.2%

6.9%

SPRINGWOOD

BOONAH

N/A

KOORALBYN ^

N/A

TAMBORINE ^

5 784

TAMBORINE MOUNTAIN

161 ^ 130 TAMBORINE MOUNTAIN

788N/A

<$350,000

1900 1922

WOODRIDGE

N/A

$610,000

-6.0%

-13.3%

274

$500,000+

332

$1m+

62<$350,000 47

571 508 427

132 $350,000+

$1m+

SALES (p)

100 $500,000+

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

0.0% -0.8%

$350,000+ $124,363

N/A

$500,000+ $220,000

<$350,000

BELLARA ~

DEC 14 373

SEP 14

$255,000

-25.4%

4.8%

-4.2%

-5.3%

$321,750

26.2%

13.8%

0.0%

$255,000

DEC 14

202

MANGO HILL

N/A

$354,500

0.6%

N/A

$331,000

11.1%

-1.2%

N/A

$270,000

6.9%

-20.1%

N/A60

N/A

$225,000

8.2%

-15.1%

MORAYFIELD ~<$350,000

N/A

N/A 14

N/A

N/A $350,000+ MURRUMBA N/A (p) Preliminary.DOWNS See explanatory notes for7further information. Source: NORTHREIQ, LAKESdata * t provided by RP Data. 7

$250,000+

N/A SALES (p)

REDCLIFFE

$345,000

N/A

SEP 14

6$372,500 6

6.2%

3.5%

19.2%

-3.2%

$225,000 5 4 $500,000+ $345,000

-21.7%

-2.6%

-1.4%

-0.7%

$359,500 0.1% $500,000+ $336,000

N/A

(p) Preliminary. Source: REIQ, da

N/A

<$250

N/A

(p) Preliminary. See -11.3%Source: REIQ, data

$335,000

-2.2%

$304,500

N/A

-6.5%

$375,000

-8.5%

$389,000

3.7%

-8.5%

N/A

$254,750

1.9%

-9.5%

$305,000

2.5%

$320,000

-5.9%

-16.9%

DEC 14

16 $359,000 12 83 39 $338,000 -5.3% 33 23 $283,500 3.1% $315,000 9 6 6 -3.8% 7 $413,750 24 $385,000

CAPALABA * t CLEVELAND ORMISTON

9.2%

DEC 14N/A

FRASER COAST UNIT SALES (p)

REDLAND (LGA) ~

THORNESIDE

N/A

N/A N/A $350,000+

ROTHWELL

SEP 14

$361,100

N/A

* t See explanatory notes for further 9 N/A (p)PETRIE Preliminary. information. BUNDABERG HOUSE Source: REIQ, data provided by RP Data.

22.9% -12.8%

-7.2%

159

8.9% -25.1%

N/A

182

$430,000 $230,000

$307,250

MARGATE *

<$250,000

-6.9% -12.1%

DEC 14

N/A

$230,000

SEP 14 62 3

-26.3%

(p) Preliminary. Source: REIQ, da

9.2%

<$350,000

N/A $350,000+ N/A

N/A

HOUSE SALES (p)

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

426

-18.2%

$298,750

3 N/A N/A (p) $270,000 FRASER COAST HOUSE SALES

194

21 WOODY POINT

5$1m+ 3

UNITS

6.5%

11 $420,000 TOOWOOMBA UNIT SALES-3.7% (p)

STRATHPINE

117

$260,000

$1m+

SEP 14UNIT DEC 14 (p) GOLD COAST SALES 459 509

4.8% -6.2%

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 6 VICTORIA POINT N/A

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

560

-12.0%

$330,000

SCARBOROUGH ~

101

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

443 SEP 14

2.8%

$356,500

KIPPA-RING ~

54 $1m+47

$500,000+

51 <$350,000

$183,000

-3.7%

LAWNTON 38

239

1.1%

N/A

GRIFFIN

DEC 14 BRISBANE SURROUNDS UNIT629 SALES (p) INCLUDES575 IPSWICH, LOGAN, MORETON BAY & REDLAND 541 516 SEP 14 DEC 14

$185,000 $307,500

CABOOLTURE ~ *

SEP 14

282

9.0% -17.1%

N/A

CLONTARF

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

225

-1.0% 2.0%

273

DECEPTION BAY ~

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

260

$380,000 $188,750

KALLANGUR * t

770 480

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

N/A N/A

200

ARANA HILLS

BURPENGARY

DEC 14

310 $350,000+

N/A

$187,500

MORETON BAY (LGA)

BRENDALE * t

SEP 14 DEC 14 BRISBANE CITY UNIT SALES (p)

384

208

(p) Preliminary. See explanatory notes for14 further information. BONGAREE $287,500 Source: REIQ, data provided by RP Data.

INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND

875

-13.8% -7.4%

BRISBANE SURROUNDS HOUSE SALES (p)

1078

11.9% 4.4%

N/A

1256 1234 SEP 14

$207,000 $261,000

UNDERWOOD

12.5%

-1.8% -10.3%

1.5%

WATERFORD WEST ~

-0.6%

4.5% -5.8%

N/A

-9.2%

9.1%

$275,000 $260,000

$208,000

2.4%

10.0%

-15.7% -12.4%

$290,000

-8.9%

$540,000

N/A N/A

8.5%

$440,000

$255,000 $208,000

$255,000

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

1272

271

$340,000

N/A

$350,000+

296

N/A

-2.2%

N/A N/A

8SEP 14 $287,500 DEC 1411.0%

N/A

$440,000

N/A

TOOWOOMBA HOUSE 10 $287,500 SALES N/A (p)

ROCHEDALE SOUTH

$360,000

HOUSES

<$250,000

$250,000+

SEP 14

$362,000 $500,000+ 0 1 $305,000

N/A

$350,000+N/A

2.6% 2.8%

13.4%

0.9%

2.4%

8.1%

2.2%

-1.6%

$361,500 15.7% $500,000+

SALES (p)

DEC 14

4.1% 8.6%

(p) Preliminary. S Source: REIQ, da

13.1%

<$250

(p) Preliminary. See Source: REIQ, data

BUNDABERG UNIT SALES (p) 19 48 51 16

SEP 14 59 DEC 14 47

DECEMBER QUARTER 2014

55 2

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)

526

$215,900

0.4%

$219,000

5.8%

1.9%

REDLAND (LGA) ~ f B

$35,000

-31.4%

$242,500

86.5%

-0.6%

BRISBANE (SD) ^

$300,000

9.9%

$269,000

3.5%

BIRKDALE *

N/A

$309,000

N/A

4.1%

CLEVELAND

N/A

$312,500

-2.3%

0.8%

IPSWICH (LGA)

$175,450

4.3%

$178,000

4.8%

2.9%

MACLEAY ISLAND ~ f

$30,000

-10.4%

$32,000

28.0%

-41.8%

IPSWICH (LGA) ^

N/A

$240,000

2.0%

1.4%

MOUNT COTTON

N/A

$262,000

4.8%

6.9%

AUGUSTINE HEIGHTS

N/A

$220,400

5.0%

-1.6%

REDLAND BAY

N/A

$270,000

2.3%

3.8%

BELLBIRD PARK

N/A

$197,000

1.0%

-6.2%

RUSSELL ISLAND ~ f

$19,000

-5.0%

$19,000

-5.0%

-52.5%

BRASSALL *

$185,000

N/A

$185,500

9.1%

5.8%

THORNLANDS

N/A

$285,000

2.2%

14.2%

-15.3%

DEEBING HEIGHTS

N/A

$165,600

10.4%

N/A

GOODNA

N/A

$170,000

-5.6%

0.0%

SURROUNDS

KARALEE ^

N/A

$262,500

5.0%

3.1%

LOCKYER VALLEY (LGA)

$100,000

0.0%

$100,000

1.0%

LEICHHARDT *

N/A

$170,000

N/A

LOCKYER VALLEY (LGA) ^

N/A

$129,750

11.4%

-2.8%

RACEVIEW

N/A

$172,000

4.2%

14.7%

LAIDLEY NORTH *

$100,000

0.0%

$100,000

0.0%

N/A

WITHCOTT ^

N/A

$148,000

1.4%

7.6%

SCENIC RIM (LGA)

N/A

$179,250

-0.1%

-5.2%

SCENIC RIM (LGA) ^

N/A

$230,000

17.9%

36.9%

GLENEAGLE

N/A

$179,000

-0.3%

4.1%

REDBANK PLAINS *

$159,900

-3.1%

$151,500

6.7%

-10.9%

RIPLEY *

N/A

$167,000

N/A

SPRINGFIELD LAKES

N/A

$192,500

7.5%

14.6%

LOGAN (LGA) *

101

$197,500

5.1%

$182,250

1.3%

-11.1%

LOGAN (LGA) ^

$285,000

1.8%

$261,000

6.5%

11.2%

BUCCAN ^ *

N/A

$290,000

N/A

SOMERSET (LGA)

N/A

$139,500

3.3%

8.1%

CORNUBIA *

N/A

$350,000

2.9%

N/A

FERNVALE

N/A

$145,000

7.4%

9.8%

HOLMVIEW

N/A

$180,000

0.1%

-14.2%

JIMBOOMBA *

N/A

$178,000

1.4%

-3.3%

RENTAL MARKET - 3 BED HOUSES

JIMBOOMBA ^ *

N/A

$231,500

10.8%

17.1%

LOGAN RESERVE *

N/A

$149,275

-5.1%

N/A

POST

LOGAN VILLAGE

N/A

$246,000

-5.4%

N/A

CODE

LOGANLEA *

$190,000

N/A

$187,000

N/A

-3.6%

MARSDEN

$190,000

N/A

$185,000

3.1%

-2.6%

NEW BEITH ^

N/A

$280,000

7.7%

REGENTS PARK

N/A

$238,000

UNDERWOOD

N/A

WATERFORD *

N/A

YARRABILBA *

$164,500

DEC-14 $/WEEK

LOCALITYL

DEC-13

NEW BONDS $/WEEK

NEW BONDS

IPSWICH CITY

$300

705

$300

820

4300

AUGUSTINE HEIGHTS

$340

178

$340

221

12.9%

4301

COLLINGWOOD PARK

$310

116

9.2%

N/A

4303

DINMORE

$260

$285

$375,000

2.7%

12.8%

4304

BLACKSTONE

$290

$280

N/A

$171,750

-4.1%

-1.6%

4305

BASIN POCKET

$285

271

$280

290

N/A

$159,000

7.4%

N/A

4306

AMBERLEY

$320

$300

4340

ASHWELL

$290

$295

4346

MARBURG

$275

N.A.

LOGAN CITY

$340

831

$340

894

MORETON BAY (LGA)

173

$223,500

6.0%

$219,000

5.3%

7.4%

MORETON BAY (LGA) ^ ~

$300,000

10.3%

$270,000

-3.4%

-6.9%

BANKSIA BEACH * f

N/A

$400,500

-10.5%

-12.9%

4114

KINGSTON

$315

138

$310

152

BRAY PARK

N/A

$204,500

0.0%

-7.0%

4118

BROWNS PLAINS

$345

$340

101

BURPENGARY *

N/A

$214,900

2.4%

N/A

4119

UNDERWOOD

$360

CABOOLTURE ^

N/A

$255,000

-1.9%

N/A

4123

PRIESTS GULLY

$380

22 $174,750 -6.6% (p) $175,000 BRISBANE CITY LAND SALES

-2.8%

-7.4%

4124

$340

5.9%

-3.9%

4125

BORONIA HEIGHTS $340 SALES39(p) TOOWOOMBA LAND

CABOOLTURE ~ DAKABIN *

GRIFFIN

MANGO HILL *

57 27

MORAYFIELD

NARANGBA NINGI *

NORTH LAKES *

WARNER *

<$250,000

7.5%

SEP 14 $225,000 DEC 14 4.9%

$206,500

$218,000

5.3%

5.7%

4127

CHATSWOOD HILLS

$238,000

9.2%

$230,000

2.2%

0.0%

4128

KIMBERLEY PARK

N/A

$175,000

1.7%

-7.9%

4129

$360

$365

$350

$370

$385

LOGANDALE

$365

$350

$380

$375

$340

$330

$340 2

$350

$330

$207,000

3.5%

-9.4%

4130

CARBROOK

$191,400 24

N/A

-15.1%

4131

LOGANLEA

$248,950

N/A

$240,280

10.4% 14

20.7%

4132

CRESTMEAD

$230,900

4.0%

$231,700

3.0%

0.7%

4133

CHAMBERS FLAT

4205

BETHANIA

4207

ALBERTON <$250,000

$250,000+

$350,000+

$500,000+

SEP 14

DEC 14

$250,000+

$350,000+

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

GOLD COAST LAND SALES (p) SEP 14 91

14 QUEENSLAND MARKET MONITOR

DEC 14

$500,000+

DEC 14

$320 $330 $250,000+

(p) 4280 Preliminary.JIMBOOMBA See explanatory notes for further information. $380 Source: REIQ, data provided by RP Data.

4019

CLONTARF

4020

NEWPORT

4021

KIPPA-RING

4022 4035

191 $350,000+ $330

171

$360

1056

$330

1056

$350 FRASER COAST LAND SALES81(p)

$350

105

$340 $360

$345

$350

$340

ROTHWELL

$350

ALBANY CREEK 44

$410

$390

EATONS HILL

$450

$430

4055

BUNYA

$400

$420

4500

BRAY PARK

$360

$350

4501

LAWNTON

$340

4502

FRENCHS FOREST

$350

$330

4503

DAKABIN <$250,000

$350 $250,000+

$330 $350,000+

4037

MORETON BAY REGIONAL

344

SEP 14

N/A36

Includes IPSWICH, LOGAN, MORETON BAY & REDLAND

102

N/A

BRISBANE SURROUNDS LAND SALES (p)

<$250,000

$400

N/A

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

341

MUNRUBEN

N/A

$390

$215,500

LAND $360

SEP 14

DEC 14

(p) 4504 Preliminary.NARANGBA See explanatory notes for further information. $340 Source: REIQ, data provided by RP Data.

$330

4505

BURPENGARY

$340

$312

4506

MOORINA

$300

$285

4507

BANKSIA BEACH

$330

$320

4508

DECEPTION BAY

107

$300

49 29

BUNDABERG LAND SALES (p) SEP 14

DEC 14 $300

(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)

DEC-14

DEC-13

NEW BONDS $/WEEK

NEW BONDS

POST

DEC-14

CODE

LOCALITYL

$/WEEK

4509

MANGO HILL

$380

4510

BALINGOOL

$290

164

$285

171

4511

GODWIN BEACH

$325

$310

4514

BELLTHORPE

$300

$325

4520

ARMSTRONG CREEK

$450

$380

4521

CAMPBELLS POCKET

$310

$375

REDLAND CITY

$390

316

$380

332

IPSWICH CITY

$310

4157

CAPALABA

$395

$380

4300

AUGUSTINE HEIGHTS

$330

4158

THORNESIDE

$360

$370

4301

COLLINGWOOD PARK

4159

AQUATIC PARADISE

$415

$400

4304

4160

EROBIN

$415

$410

4305

4161

ALEXANDRA HILLS

$395

4163

CLEVELAND

$415

$390

4164

PINKLANDS

$440

$420

4165

MOUNT COTTON

$395

4184

COOCHIEMUDLO ISLAND

$250

LOCKYER VALLEY REGIONAL 4341

CODE

LOCALITYL

$/WEEK

DEC-13

NEW BONDS $/WEEK

NEW BONDS

SCENIC RIM REGIONAL

$220

4272

MOUNT TAMBORINE

$290

N.A.

4285

ALLENVIEW

$210

144

$310

121

$320

$310

$300

BLACKSTONE

$305

BASIN POCKET

$300

$305

LOGAN CITY

$335

381

$330

425

4114

KINGSTON

$325

$320

4118

BROWNS PLAINS

$350

$390

4119

UNDERWOOD

$400

$335

$230

4123

PRIESTS GULLY

$325

$335

$290

$270

110

4124

BORONIA HEIGHTS

$345

N.A.

BLENHEIM

$280

$260

4127

CHATSWOOD HILLS

$315

$330

4342

CROWLEY VALE

$295

$270

4128

KIMBERLEY PARK

$330

$345

4343

ADARE

$290

$285

4130

CARBROOK

$370

N.A.

SCENIC RIM REGIONAL

$300

110

$295

127

4131

LOGANLEA

$341

$350

4270

TAMBORINE

$450

N.A.

4132

CRESTMEAD

$340

4271

EAGLE HEIGHTS

$365

$390

4133

CHAMBERS FLAT

$310

4272

MOUNT TAMBORINE

$370

$375

4205

BETHANIA

$272

N.A.

4285

ALLENVIEW

$300

$290

4207

ALBERTON

$320

117

4307

COLEYVILLE

$280

$260

MORETON BAY REGIONAL

$340

594

$335

530

4309

ARATULA

$250

$260

4019

CLONTARF

$350

4310

ALLANDALE

$270

$265

4020

NEWPORT

$370

$380

SOMERSET REGIONAL

$265

$270

4021

KIPPA-RING

$335

4311

ATKINSONS DAM

$275

$280

4035

ALBANY CREEK

$380

4312

BRYDEN

$225

$235

4500

BRAY PARK

$350

$335

4515

GLENFERN

$285

$320

4501

LAWNTON

$310

$340

4502

FRENCHS FOREST

$345

$320

4503

DAKABIN

$340

160

$340

132

4504

NARANGBA

$345

$340

RENTAL MARKET - 2 BED UNITS

RENTAL MARKET - 3 BED TOWNHOUSES

IPSWICH CITY

$255

140

$250

129

4505

BURPENGARY

$300

$310

4300

AUGUSTINE HEIGHTS

$260

4506

MOORINA

$310

$300

4301

COLLINGWOOD PARK

$265

$250

4507

BANKSIA BEACH

$320

$315

4304

BLACKSTONE

$260

$245

4508

DECEPTION BAY

$310

4305

BASIN POCKET

$250

4509

MANGO HILL

$355

109

$350

4306

AMBERLEY

$230

N.A.

4510

BALINGOOL

$285

$295

LOGAN CITY

$260

188

$260

191

REDLAND CITY

$390

$385

4114

KINGSTON

$250

$265

4157

CAPALABA

$344

$350

4127

CHATSWOOD HILLS

$300

$295

4158

THORNESIDE

$375

$380

4128

KIMBERLEY PARK

$280

$285

4159

AQUATIC PARADISE

$420

N.A.

4131

LOGANLEA

$265

N.A.

4160

EROBIN

$380

$395

4133

CHAMBERS FLAT

$260

$239

4163

CLEVELAND

$400

$385

4207

ALBERTON

$260

$250

4165

MOUNT COTTON

$395

$390

4280

JIMBOOMBA

$270

$245

LOCKYER VALLEY REGIONAL

N/A

MORETON BAY REGIONAL

$280

479

$275

442

ADARE

$275

4019

CLONTARF

$265

$275

SCENIC RIM REGIONAL

N/A

4020

NEWPORT

$300

100

$295

ALLENVIEW

$300

$280

4021

KIPPA-RING

$270

$265

4500

BRAY PARK

$290

4501

LAWNTON

$275

$270

4503

DAKABIN

$280

4505

BURPENGARY

$270

N.A.

4506

MOORINA

$260

$265

4507

BANKSIA BEACH

$260

$270

4508

DECEPTION BAY

$295

$270

4509

MANGO HILL

$300

$310

4510

BALINGOOL

$260

$250

REDLAND CITY

$340

$330

4157

CAPALABA

$330

4161

ALEXANDRA HILLS

$360

$160

4163

CLEVELAND

$375

$400

4165

MOUNT COTTON

$290

$143

LOCKYER VALLEY REGIONAL

N/A

$220

ADARE

$240

$220

4343

4343 4285

N.A.

DECEMBER QUARTER 2014

480

571

REGIONAL MARKET UPDATES

GOLD COAST

The Gold Coast’s residential real estate market is performing strongly in all key sectors, as confidence builds heading into 2015. There’s a strong sense of optimism that the tourist capital has shrugged off any lingering effects from the GFC and is now firmly on a path to further growth. The city’s improving tourism market, along with a string of important infrastructure projects and construction associated with the 2018 Commonwealth Game are all helping to generate economic momentum on the glitter strip. Median sale prices for houses, acreage and units and townhouses all rose in the December quarter, with a range of other key indicators revealing a healthy market outlook. The percentage of profit making sales continued its impressive rise, up to 88 per cent in the December quarter from 75 per cent a year earlier. Average days on market remained steady at 72 days in the December quarter, compared to 88 days 12 months earlier. Average vendor discounting also remained relatively steady, currently sitting at 6.1 per cent in the three months to December, compared to 10.7 per cent in December 2013. HOUSE MARKET

Gold Coast house sales rose an impressive seven percent in the three months to December. The median price hit $520,000, representing a 5.1 per cent increase on the previous quarter. There was a very healthy rise in prestige sales, with 117 transactions recorded in the $1 million-plus price bracket. $500,000-plus sales also rose strongly, with 629 transactions in the December quarter – up from 516 the previous quarter. There were fewer sales in the sub-$500,000 price points, however local agents are optimistic this sector of the market will strengthen heading further into 2015. Acreage sales on the Gold Coast fell slightly in the three months to December, however they were up two per cent compared to 12 months earlier. On a volume of 127 sales, the median acreage sale price rose 3.3 per cent to $702,500 in the December quarter. Local agents believe there are better times ahead for both the house and acreage markets as the Gold Coast economy continues to gather momentum and the looming Commonwealth Games increases the city’s international profile.

16 QUEENSLAND MARKET MONITOR

<$350,000

$350,000+

$500,000+

$1m+

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

(p) Preliminar Source: REIQ,

GOLD COAST HOUSE SALES (p) SEP 14 575

541

DEC 14 629 516

101

<$350,000

$350,000+

$500,000+

117

$1m+

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

(p) Preliminar Source: REIQ,

SUNSHINE COAST & NOOSA HOUSE SALES (p) UNIT MARKET SEP 14

DEC 14

The Gold Coast unit443 and459 townhouse426 market recorded a six 373 in the three months to per cent decrease in sale volumes September, driven by seasonal factors. However, unit and townhouse sales were up a healthy 20 per cent compared to 12 months 88earlier. 76 43

The median unit and townhouse price rose 2.9 per cent to $350,000<$350,000 in the three$350,000+ months to$500,000+ December on a volume $1m+ Preliminary. See explanatory notes forMost further information. of(p)1,577 transactions. of the unit and townhouse Source: REIQ, data provided by RP Data. sales activity occurred at the lower-to-middle end of the market, albeit with lower volumes compared to the previous quarter. While transactions decreased in the sub-$500,000 price point, sales volumes were up at the higher end of the market. There were 280 transactions at the $500,000plus price point, a slight rise from the previous quarter. Meanwhile, $1 million-plus unit and townhouse sales increased from 59 in the September quarter to 65 in the three months to December. Investors remain active in the apartment/unit market amid growing confidence 2015 is set to deliver buyers strong prospects for further growth. RENTAL MARKET

REIQ-accredited agents on the Gold Coast say rental listings are being snapped up very quickly, with a number reporting an average of less than a week to re-let. There is also a proportion of investment properties being sold which is also contributing to the tight vacancy rates, which have remained below 2.5 per cent since June 2013. The residential rental vacancy rate on the Gold Coast edged up slightly to 2.2 per cent at the end of December.

(p) Preliminar Source: REIQ,

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

NUMBER OF SALES

SUBURB

MEDIAN SALE

ANNUAL MEDIAN SALE

QTRLY CHANGE

1YR 5YR CHANGE CHANGE

GOLD COAST (LGA) ~

1,409

$520,000

5.1%

$510,000

6.5%

6.1%

GOLD COAST (LGA)

1,577

$350,000

2.9%

$357,436

3.6%

-3.4%

GOLD COAST (LGA) ^

127

$702,500

3.3%

$680,000

4.8%

1.5%

ARUNDEL ~

$340,000

10.2%

$310,000

3.3%

-3.9%

ARUNDEL ~

$555,000

20.7%

$497,500

7.0%

6.8%

ASHMORE

$274,000

-4.5%

$284,000

9.2%

-9.0%

ASHMORE

$520,250

6.9%

$499,000

14.7%

6.4%

BENOWA ~

$391,000

-3.5%

$518,000

4.2%

42.0%

BENOWA

$785,000

12.1%

$750,000

9.5%

6.6%

BIGGERA WATERS ~ t

$273,500

-17.1%

$406,000

1.8%

6.8%

BIGGERA WATERS ~ f

$695,000

25.7%

$575,000

18.6%

6.5%

BILINGA ~

N/A

$377,500

-4.4%

-21.4%

BONOGIN ^ ~

$600,000

-8.5%

$596,500

1.5%

-7.5%

BROADBEACH

$430,000

2.9%

$430,000

-4.4%

-7.5%

BROADBEACH WATERS

$800,000

2.9%

$810,000

9.5%

-2.4%

BROADBEACH WATERS ~

N/A

$360,000

-5.3%

-21.7%

BUNDALL ~ f

$749,000

-11.4%

$768,500

3.2%

-6.8%

BUNDALL ~

N/A

$314,450

-10.2%

-2.8%

BURLEIGH HEADS ~ f

$557,500

-14.4%

$590,000

1.7%

4.4%

BURLEIGH HEADS

$396,000

1.4%

$391,000

6.9%

-2.3%

BURLEIGH WATERS

$579,000

-0.2%

$587,500

8.3%

6.8%

BURLEIGH WATERS ~

$370,000

11.3%

$342,500

5.2%

-4.5%

CARRARA ~

$437,500

-7.9%

$473,000

10.8%

6.9%

CARRARA ~

$431,040

23.2%

$420,450

3.8%

7.8%

CLEAR ISLAND WATERS

$929,500

-4.9%

$825,000

7.4%

-4.7%

CLEAR ISLAND WATERS

N/A

$420,000

-6.7%

6.6%

COOMBABAH

$430,000

2.4%

$413,000

5.6%

-0.5%

COOLANGATTA ~

$399,000

-13.3%

$399,000

2.3%

-11.3%

COOMERA ~ f

$473,000

28.2%

$379,250

5.5%

-7.2%

COOMBABAH ~ t

$325,000

-9.3%

$325,000

8.9%

1.0%

CURRUMBIN

N/A

$896,500

40.6%

57.3%

COOMERA ~ t

$259,875

-20.0%

$317,500

17.2%

-3.8%

CURRUMBIN WATERS ~ f

$537,500

15.6%

$515,000

4.8%

5.1%

CURRUMBIN ~ t

$587,500

54.3%

$421,000

0.8%

9.2%

ELANORA

$522,500

7.7%

$525,000

8.2%

6.3%

CURRUMBIN WATERS ~

$323,750

10.7%

$310,000

6.9%

-4.6%

GILSTON

$487,000

N/A

$489,000

5.2%

6.3%

ELANORA ~

$285,000

-10.9%

$300,000

4.2%

-6.8%

HELENSVALE

$505,000

0.6%

$484,000

5.6%

0.2%

HELENSVALE ~ t

$304,000

16.9%

$308,000

6.2%

-2.2%

N/A

$249,000

HIGHLAND PARK

$415,000

-4.6%

$415,000

1.8%

0.0%

HIGHLAND PARK

HOLLYWELL

$552,500

N/A

$552,500

2.3%

3.3%

HOPE ISLAND ~ t f

BRISBANE CITY UNIT SALES 22 $410,000 10.8% (p) $392,500

HOPE ISLAND

$571,500

14.3%

$530,000

7.6%

4.1%

LABRADOR *

JACOBS WELL

N/A

$405,000

13.2%

-1.7%

MAIN BEACH ~ f

SEP 14$312,500DEC3.3% 14

LABRADOR

$439,500

5.9%

$441,750

13.3%

3.9%

MAUDSLAND

$573,750 875 N/A 770

MAUDSLAND

N/A

$466,000

5.9%

7.7%

MERMAID BEACH ~ f

$380,000

MAUDSLAND ^

N/A

$775,000

19.2%

N/A

MERMAID WATERS

MERMAID BEACH ~ f

$890,000

-19.0%

$910,000

6.4%

-13.3%

MERRIMAC ~

MERMAID WATERS ~ f

$725,000

17.2%

$685,000

9.6%

9.7%

MERRIMAC

$445,000

6.7%

$425,000

7.6%

2.4%

384

MIAMI

62 MUDGEERABA ~

10.3%

$330,000

8.2%

4.8%

3.9%

-3.9%

N/A

$269,900

-2.8%

9.7%

1.9%

$390,000

16.1%

8.3%

$293,000

508 -6.1%

10 310

$270,000

-12.9%

$305,000 427

2.5%

-4.4%

$310,000

-18.4%

-4.6%

$355,000

5.0%

$365,000

2.8%

$332,500

16.7%

54 -0.6% 47 $321,000

$281,000

12.4%

$273,000

MIAMI

$607,500

2.1%

$580,000

11.5%

10.6%

NERANG ~

$565,000

12.4%

$507,000

7.6%

4.5%

ORMEAU

MUDGEERABA

$500,000

6.4%

$482,500

7.2%

(p) Preliminary. See explanatory notes information. -9.6% OXENFORD ~ 15 for further$272,000

$278,000

MUDGEERABA ^

$635,000

N/A

$630,000

-0.8%

-1.6%

PACIFIC PINES

$355,000

NERANG

$385,000

1.2%

$378,500

5.1%

-0.4%

PALM BEACH ~

3.0%

-4.2% -6.5%

-4.1%

(p) Prelimina Source: REIQ

Source: REIQ, data provided by RP Data.

NERANG ^

N/A

$720,000

N/A

1.1%

PARADISE POINT ~ f

$470,000

9.8%

$426,000

4.9%

-1.0%

PIMPAMA

ORMEAU HILLS

N/A

$442,744

-1.4%

-4.8%

REEDY CREEK 260

OXENFORD

$445,250

5.1%

$432,500

-0.9%

-1.2%

ROBINA

$332,500

3.1%

INCLUDES 21 IPSWICH, LOGAN, MORETON BAY & REDLAND $345,000 -23.3% $493,500

282 225

SEP 14

DEC 14

$335,000

N/A

$357,450

3.8%

$290,000

8.0%

-3.2%

0.5%

$395,000

-7.2%

-12.2%

$460,000

-4.2%

$465,000

3.3%

2.2%

RUNAWAY BAY ~

6.1%

$570,000

7.5%

8.6%

SOUTHPORT

110

$431,000

21.4%

$430,000

-4.4%

-0.6%

$318,000 100

5.0%

$324,000

2.9%

-11.2%

132

PARADISE POINT ~ f

$767,500

-9.7%

$836,000

3.2%

-4.5%

SURFERS PARADISE

219

$320,000

-1.5% 51

PARKWOOD

$515,000

7.5%

$502,000

11.6%

6.8%

TUGUN

$382,500

2.0%

$306,500

1.3%

-17.5%

$390,000

-2.3%

0.0%

$620,500

1.7%

-2.0%

ROBINA

$575,000

1.8%

$525,000

1.4%

-0.9%

RUNAWAY BAY ~ f

$765,000

-14.5%

$819,000

12.2%

8.5%

SOUTHPORT

$461,000

-1.9%

$469,500

9.2%

3.2%

SURFERS PARADISE

$1,250,000

6.4%

$1,127,500

-2.4%

-9.8%

TALLAI ^ ~

$641,000

-7.1%

$682,500

-7.1%

-0.4%

TALLEBUDGERA ^

N/A

$695,000

5.3%

-0.7%

TALLEBUDGERA VALLEY ^

N/A

$765,000

N/A

TUGUN ~

$630,500

32.0%

$488,000

-1.9%

8.4%

UPPER COOMERA

104

$413,250

3.3%

$408,000

7.4%

-1.7%

VARSITY LAKES

$511,000

0.2%

$500,000

6.4%

7.1%

WORONGARY

N/A

$409,750

5.7%

3.1%

WORONGARY ^

$735,000

N/A

$721,500

24.9%

16.4%

UPPER COOMERA

<$250,000 VARSITY LAKES *

-3.9% 3.2%

$290,000

$605,000

0.8%

-11.9% -7.2%

$385,000

239

$372,500

-3.5% -2.7%

$600,000

-2.7% 7.9%

PACIFIC PINES

6.9%

BRISBANE (p) 56 SURROUNDS $352,500 UNIT 8.5% SALES $355,000

PALM BEACH

-8.6% -5.2%

<$250,000 $250,000+ $350,000+ $500,000+ 4 N/A N/A $329,000 $1m+ 8.8%

ORMEAU

PIMPAMA ~

-11.9% -0.6%

$574,000

MOLENDINAR

REEDY CREEK

-9.8% 26.6%

46$335,000 -5.6% $382,2185 6.9% 3 $305,000

3.7%

$250,000+ $350,000+ $500,000+ 45 $370,000 -4.6% $389,000 $1m+ 5.7%

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

-9.5% -10.6% -10.8%

-1.5%

(p) Preliminar Source: REIQ,

GOLD COAST UNIT SALES (p) SEP 14 560 296

509

DEC 14 457 426 276 280

243

59 <$250,000 $250,000+ $350,000+ $500,000+

$1m+

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

(p) Prelimina Source: REIQ

SUNSHINE COAST & NOOSA UNIT SALES (p) SEP 14 203 215 108

194

DEC 14 177

112 101 21

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

$1m+

DECEMBER QUARTER 2014

(p) Preliminar Source: REIQ,

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 (LGA) *

145

$233,000

-0.4%

$231,000

0.7%

-1.2%

GOLD COAST (LGA) ^

N/A

$360,000

3.6%

-3.7%

COOMERA *

$265,000

16.2%

$229,500

4.3%

-3.8%

ELANORA *

N/A

$316,500

N/A

GILSTON

N/A

$256,000

2.4%

16.1%

HELENSVALE * f

N/A

$532,500

N/A

94.3%

ORMEAU

$247,500

N/A

$226,000

2.7%

ORMEAU HILLS *

$212,900

N/A

$214,000

1.9%

N/A

OXENFORD *

N/A

$235,000

N/A

3.5%

PIMPAMA *

$224,000

1.8%

$224,000

1.8%

2.1%

REEDY CREEK

N/A

$319,500

7.4%

6.5%

UPPER COOMERA *

$233,000

0.2%

$229,500

2.0%

WILLOW VALE

N/A

$206,900

4.2%

N/A

RENTAL MARKET - 3 BED HOUSES POST CODE

DEC-14 LOCALITYL

$/WEEK

CODE

DEC-14 $/WEEK

LOCALITYL

DEC-13

NEW BONDS $/WEEK

NEW BONDS

GOLD COAST CITY

$370

2324

$355

2540

4209

COOMERA

$305

$300

4210

OXENFORD

$300

4211

ADVANCETOWN

$320

$330

4212

HELENSVALE

$390

4214

ARUNDEL

$320

$290

4215

LABRADOR

$350

562

$340

585

4216

PARADISE POINT

$360

215

$350

192

4217

BENOWA

$410

502

$385

612

4218

BROADBEACH

$360

327

$350

341

4220

BURLEIGH HEADS

$375

168

$370

183

4221

ELANORA

$340

124

$320

166

4223

CURRUMBIN

$380

$350

4224

TUGUN

$350

$310

4225

BILINGA

$345

$330

134

4226

CLEAR ISLAND WATERS

$415

$400

4227

REEDY CREEK

$400

$410

DEC-13

NEW BONDS $/WEEK

NEW BONDS

RENTAL MARKET - 3 BED TOWNHOUSES

GOLD COAST CITY

$440

942

$420

1031

4208

BURNSIDE

$370

$375

GOLD COAST CITY

$395

1064

$380

1259

4209

COOMERA

$390

104

$379

119

4208

BURNSIDE

$370

4210

OXENFORD

$395

$390

4209

COOMERA

$355

152

$350

154

4211

ADVANCETOWN

$410

103

$395

122

4210

OXENFORD

$360

$350

4212

HELENSVALE

$500

$470

4211

ADVANCETOWN

$370

185

$360

221

4213

BONOGIN

$450

$420

4212

HELENSVALE

$430

$420

4214

ARUNDEL

$430

$420

4213

BONOGIN

$360

4215

LABRADOR

$410

113

$390

110

4214

ARUNDEL

$375

$360

4216

PARADISE POINT

$400

4215

LABRADOR

$410

110

$385

148

4217

BENOWA

$550

$560

4216

PARADISE POINT

$375

$360

4218

BROADBEACH

$535

$510

4217

BENOWA

$460

$470

4220

BURLEIGH HEADS

$495

$450

4218

BROADBEACH

$400

4221

ELANORA

$480

$460

4220

BURLEIGH HEADS

$450

4223

CURRUMBIN

$420

4221

ELANORA

$400

4224

TUGUN

$450

$390

4223

CURRUMBIN

$360

4225

BILINGA

$400

$425

4224

TUGUN

$445

4226

CLEAR ISLAND WATERS

$480

$450

4226

CLEAR ISLAND WATERS

$455

36 172

$430 $430

178

4227

REEDY CREEK

$460

$465

4227

REEDY CREEK

$420

24 BRISBANE CITY$465 LAND SALES

SEP 14 57

<$250,000

$390 $370

$460

(p)

DEC 14 49

$410 24

$250,000+

$350,000+

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

$500,000+

(p) Preliminar Source: REIQ,

BRISBANE SURROUNDS LAND SALES (p) Includes IPSWICH, LOGAN, MORETON BAY & REDLAND

SEP 14 341

DEC 14

344

59 <$250,000

$250,000+

$350,000+

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

$500,000+

(p) Preliminar Source: REIQ,

GOLD COAST LAND SALES (p) SEP 14 102

DEC 14

... the Gold Coast economy continues to gather momentum

36 10

<$250,000

$250,000+

$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) SEP 14

18 QUEENSLAND MARKET MONITOR

DEC 14

(p) Preliminar Source: REIQ,

HOUSES

TOOWOOMBA

TOOWOOMBA HOUSE SALES (p)

BRISBANE CITY HOUSE SALES (p) SEP 14

REGIONAL MARKET UPDATES

DEC 14

SEP 14

Typical of the quieter time of year, sales activity in 1922 1900 to Toowoomba eased in the three months December, although sales were up compared to 12 months earlier. Local agents had anticipated the easing due to a 784 788 combination of seasonal factors and the drop off in growth 274 332 161 130sector centred in the Surat Basin. of the local mining <$350,000 in sales $350,000+ $500,000+ sale prices $1m+ Despite the easing activity, median (p) Preliminary. See explanatory notes fortrajectory further information. continued on their upward in a sign that Source: REIQ, data provided by RP Data. confidence in the local real estate market remains strong.

296

DEC 14

271 208

200 87

56 <$350,000

$350,000+

$500,000+

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

(p) Prelim Source: RE

UNITS

BRISBANE SURROUNDS HOUSE SALES (p)

FRASER COAST HOUSE SALES (p)

INCLUDES IPSWICH, LOGAN, MORETON BAYof & REDLAND However, there is still a strong pipeline development BRISBANE SALES SEPCITY 14 UNIT DEC 14 (p) activity in the Toowoomba region which is expected to a 1272 1256 SEP 14landing DEC 14 1234 deliver the local economy a soft as it moves out of 1078 875 the resources construction phase.

SEP 14 UNITDEC 14 (p) TOOWOOMBA SALES 194

202

SEP 14 62

DEC 14

770

571 Major developments currently underway include the CBD 480 508 427 ring road, Grand Central 384 project and the much-anticipated 310 Second Range Crossing due to begin in 2015. 21 22 62

47 rural

The new is also expected <$350,000Airport $350,000+ $500,000+to yield $1m+ (p) Preliminary. See explanatory notes for further information. produce exporting opportunities in a further boost to Source: REIQ, data provided$250,000+ by RP Data. <$250,000 $350,000+ $500,000+ $1m+ the regional economy. All in all, local agents expect the (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.COAST HOUSE SALES (p) GOLD Toowoomba economy to remain robust in 2015.

up 3.1 per cent. Over the calendar September, 132 year to36 101 117 31 29median 66 58 Toowoomba’s house price100 was up 6.3 per 24 cent and 51 46 an impressive 21.519per cent compared to five years 14 5 ago. 3 <$350,000

$350,000+

$500,000+

$1m+

Preliminary.was See explanatory notes for further information. Sales (p) activity up predominantly the $500,000-plus <$250,000 $350,000+in $500,000+ $1m+ Source: REIQ, data provided$250,000+ by RP Data. price bracket, with transactions down across the board (p) Preliminary. See explanatory notes for further information. <$250,000 $250,000+ $350,000+ $500,000+ Source: REIQ, data provided by RP Data. COAST & NOOSA HOUSE SALES (p) (p) Preliminary. SeeSUNSHINE explanatory Local notes for further information. below this price point. agents report there were Source: REIQ, data provided by RP Data. GOLD COAST UNIT SALES (p) fewer listings in the December quarter, generating strong SEP 14 DEC 14 443 BRISBANE LAND SEPSURROUNDS 14459 DEC 14 competition for properties. 426SALES (p) Includes IPSWICH, LOGAN, MORETON BAY & REDLAND

373

560 14the $1 DECmillion-plus 14 However, prestige properties price 509 SEPin 457 426 344 341 bracket are reportedly coming on to the market in greater 296 numbers as owners test the strength of276 buyer 280 sentiment.

243 88

Profit-making sales were at a very healthy 97 per43cent46 59 65 in Toowoomba in the December 59 59 quarter, with average <$350,000 $350,000+ $500,000+ 22 19 that9$1m+ days on market relatively steady at 63 during period. 4 (p) Preliminary. See explanatory notes for further information. $500,000+ <$250,000 $250,000+ $350,000+ Average vendor discounting also remained steady$1m+ at 4.5 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. per cent. (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

UNIT MARKET SUNSHINE COAST & NOOSA UNIT SALES (p) GOLDSEP COAST (p) 14 LAND DEC SALES 14

Toowoomba’s unit and townhouse market was affected by 215 SEP 14 DEC 14 a widely anticipated 203 seasonal downturn, with preliminary 194 102 177 sales numbers down 91 32 per cent. However, over the 12 months to December sales volumes were a healthy 23 112 up 108 101 per cent. Local 83 agents attribute the drop in quarterly sales 36 35 to the resources sector downturn. 28 21 10 10 9 It had been anticipated that the number of9 new unit and <$250,000 $250,000+ $350,000+ $500,000+ $1m+ townhouse developments coming onto the market would (p) Preliminary. See explanatory notes for further information. <$250,000 $250,000+ $350,000+ $500,000+ result Source: in oversupply, however the median sale price over REIQ, data provided by RP Data. (p) Preliminary. See explanatory notes for further information. Source: REIQ, provided by RP Data. the quarter diddatanot reflect the drop off in sales activity. The median saleSUNSHINE price forCOAST the December quarter & NOOSA LAND SALESwas (p) down 3.7 per cent, well in line with what local agents had SEP 14 DEC 14 been anticipating. 46

<$350,000

$350,000+

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

LAND

182 21

6 4

$500,000+

(p) Prelim Source: R

(p) Prelimina Source: REIQ

SALES (p)

SEP 14UNIT DEC 14 (p) FRASER COAST SALES

TOOWOOMBA LAND SEP 14 DEC 14SALES (p)

159

SEP 14

6019

DEC 14

16 12

27 <$350,000

33 6

$350,000+

9 1

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

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

(p)

(p) Prelimi Source: RE

(p) Prelimina Source: REIQ (p) Prelimina

Source: REIQ

SEP 14UNIT SALES DEC 14(p) BUNDABERG FRASER SEP COAST 14 59 LAND DEC 14SALES (p)

19 There were decreases in activity across all price SEPsales 14 DEC 4816 51 47 14 points, with62units in the $250,000 to $350,000 price bracket recording the most transactions. 10 10

7 the second 14 The sub-$250,000 price point recorded 10 highest 4 number of sales, contributing to the downward pressure 2 0 on the median sale price. $350,000+ <$350,000 $500,000+

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

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

In regional Queensland a slow mining sector and continued droughtGLADSTONE sees all but Toowoomba finish the year UNIT SALES (p) with vacancy ratesBUNDABERG above the 3.5 per cent mark. LAND SALES (p) SEP 14 DEC 14

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

Source: REIQ

14 tight DEC rental 14 Toowoomba continues SEP to see conditions, 49 however increased investor activity in the region has finally converted to an increase in vacancy 6 levels. At the end of 5 29 December the city’s vacancy rate was 4 4 2.3 per cent, up 0.7 3 3 per cent on three months earlier. 2 0 <$250,000 $250,000+ $350,000+ <$250,000 $250,000+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RPnotes Data.for further information. (p) Preliminary. See explanatory Source: REIQ, data provided by RP Data.

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

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

GLADSTONE LAND SALES (p) SEP 14

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

UNIT SEP 14 DEC 14SALES (p) HOUSE MARKET BRISBANE SURROUNDS INCLUDES IPSWICH, LOGAN, MORETON BAYSALES & REDLAND 629 (p) BRISBANE CITY LAND 575

SEP541 14 DEC 516 14 In the three months to December, preliminary house SEP 14 DEC 14 282 260 in Toowoomba remained steady. Despite sales numbers 57 239 225 49 house price was this flatlining sales activity, the median

47 Wellcamp

DEC 14

20 14

26 15

19 8

DECEMBER QUARTER 2014

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)

573

$350,000

3.1%

$340,000

6.3%

21.5%

TOOWOOMBA (LGA)

$155,000

-1.0%

$159,950

3.2%

TOOWOOMBA (LGA) ^

110

$460,500

2.7%

$490,000

6.5%

21.0%

TOOWOOMBA (LGA) ^

N/A

$179,000

7.5%

26.4% 14.0%

CENTENARY HEIGHTS

$361,875

3.5%

$350,000

6.1%

22.4%

CAMBOOYA *

N/A

$115,000

N/A

CROWS NEST

N/A

$250,000

2.0%

8.1%

GLENVALE *

N/A

$169,950

0.0%

33.8%

DARLING HEIGHTS

$355,000

1.6%

$340,000

6.8%

20.4%

GOWRIE JUNCTION ^

N/A

$175,000

6.7%

17.4%

EAST TOOWOOMBA

$398,000

-0.7%

$431,250

11.3%

18.6%

KLEINTON *

N/A

$182,500

20.9%

40.7%

GLENVALE

$380,000

0.3%

$367,000

9.6%

16.5%

MERINGANDAN WEST *

N/A

$136,000

23.6%

N/A

GOWRIE JUNCTION ^

N/A

$440,000

N/A

MIDDLE RIDGE *

N/A

$290,250

40.0%

67.8%

HARLAXTON

$287,500

N/A

$274,000

9.6%

22.5%

WESTBROOK *

N/A

$159,750

3.7%

49.3%

WYREEMA *

N/A

$146,000

N/A

$75,000

-5.1%

-15.7%

HARRISTOWN

$328,750

2.6%

$312,000

7.6%

24.8%

HIGHFIELDS

$525,000

N/A

$490,750

9.1%

17.5%

HIGHFIELDS ^

$545,000

9.1%

$535,000

10.8%

21.5%

SURROUNDS

KEARNEYS SPRING

$367,500

-2.0%

$365,000

4.5%

21.5%

SOUTHERN DOWNS (LGA)

KINGSTHORPE

N/A

$303,500

12.4%

21.4%

KLEINTON

N/A

$490,000

9.4%

N/A

MERINGANDAN WEST ^

N/A

$358,000

11.9%

17.4%

MIDDLE RIDGE ~

$540,000

15.1%

$500,000

9.2%

17.4%

POST

MOUNT LOFTY

$390,000

N/A

$415,000

16.9%

27.7%

CODE

NEWTOWN

$310,000

6.9%

$300,000

10.1%

21.3%

NORTH TOOWOOMBA

$290,000

-3.7%

$310,000

11.5%

31.1%

OAKEY ~

$252,000

16.5%

$222,800

-1.0%

PITTSWORTH

$284,500

3.2%

$279,500

RANGEVILLE

$460,000

13.3%

ROCKVILLE

$281,000

SOUTH TOOWOOMBA

TOOWOOMBA CITY

RENTAL MARKET - 3 BED HOUSES DEC-14 LOCALITYL

$/WEEK

DEC-13

NEW BONDS $/WEEK

NEW BONDS

TOOWOOMBA REGIONAL

$310

619

$290

601

4350

KEARNEYS SPRING

$315

483

$300

454

9.8%

4352

AMIENS

$335

$330

-0.2%

3.5%

4354

DOUGLAS

$230

N.A.

$410,000

6.1%

10.8%

4355

ANDURAMBA

$275

$270

-2.3%

$288,000

18.0%

15.5%

4356

PITTSWORTH

$290

$255

$339,000

-0.9%

$329,000

11.5%

28.4%

4357

BRINGALILY

$250

$270

N/A

$325,000

4.0%

21.3%

4359

ASCOT

$250

$275

WESTBROOK

$450,000

4.0%

$440,000

4.8%

18.9%

4361

BACK PLAINS

$230

$225

WILSONTON

$315,000

0.6%

$315,000

11.7%

19.7%

4400

KINGSTHORPE

$255

$270

WILSONTON HEIGHTS

$290,000

-3.3%

$292,500

8.7%

25.3%

4401

ACLAND

$280

$260

WYREEMA

$359,750

N/A

$350,000

N/A

11.1%

4614

NEUMGNA

$220

N.A.

GOONDIWINDI REGIONAL

$265

4385

BEEBO

$190

N.A.

SURROUNDS GOONDIWINDI (LGA)

$210,000

N/A

$244,000

13.5%

-0.1%

4387

BRUSH CREEK

$210

$200

GOONDIWINDI

$257,250

N/A

$280,000

3.5%

0.5%

4390

BILLA BILLA

$285

SOUTHERN DOWNS REGIONAL

$260

130

$250

145

SOUTHERN DOWNS (LGA)

$240,000

-1.0%

$240,000

0.0%

2.1%

4362

ALLORA

$290

$250

SOUTHERN DOWNS (LGA) ^ ~

$370,000

34.5%

$330,000

17.9%

4.8%

4370

ALLAN

$260

$250

STANTHORPE ~

$242,000

15.2%

$247,000

7.7%

8.2%

4380

AMIENS

$280

$260

WARWICK

$255,000

-5.6%

$254,500

2.2%

3.7%

WESTERN DOWNS REGIONAL

$260

172

$350

171

4405

BLAXLAND

$260

$320

WESTERN DOWNS (LGA) ~

$223,000

-20.4%

$253,500

-13.2%

3.9%

4410

JANDOWAE

$250

N.A.

WESTERN DOWNS (LGA) ^ ~

$229,000

-27.9%

$350,000

-19.5%

12.9%

4413

BAKING BOARD

$275

$430

CHINCHILLA

N/A

$337,500

-6.9%

22.7%

4415

MILES

$270

$550

DALBY ~

$235,000

-15.5%

$240,000

-8.3%

-7.3%

4419

COCKATOO

$285

N.A.

DALBY ^

N/A

$417,500

-10.6%

-2.0%

4421

GORANBA

$220

N.A.

SALES MARKET - UNITS & TOWNHOUSES

RENTAL MARKET - 2 BED UNITS

TOOWOOMBA (LGA)

$268,750

-3.7%

$282,000

8.5%

22.6%

TOOWOOMBA REGIONAL

$250

337

$240

322

CENTENARY HEIGHTS ~

N/A

$269,000

-16.6%

10.1%

4350

KEARNEYS SPRING

$252

317

$240

305

EAST TOOWOOMBA t ~

N/A

$275,000

19.2%

27.0%

4401

ACLAND

$215

$180

HARRISTOWN ~

N/A

$217,121

-11.0%

-13.2%

GOONDIWINDI REGIONAL

$200

$190

KEARNEYS SPRING

$275,000

-5.7%

$285,000

2.3%

18.3%

BILLA BILLA

$200

$190

NEWTOWN

$250,000

-2.5%

$256,750

8.3%

18.9%

SOUTHERN DOWNS REGIONAL

$204

$200

RANGEVILLE * t

N/A

$349,000

9.4%

24.6%

4370

ALLAN

$214

$200

SOUTH TOOWOOMBA * t

N/A

$305,000

15.1%

N/A

4380

AMIENS

$180

$200

TOOWOOMBA CITY ~

N/A

$235,000

-21.7%

15.2%

WESTERN DOWNS REGIONAL

$220

$270

WILSONTON

N/A

$260,000

10.6%

13.8%

4405

BLAXLAND

$200

$235

4413

BAKING BOARD

$240

$400

4390

RENTAL MARKET - 3 BED TOWNHOUSES 4350 4413

20 QUEENSLAND MARKET MONITOR

TOOWOOMBA REGIONAL

$300

$330

KEARNEYS SPRING

$300

$320

WESTERN DOWNS REGIONAL

$350

N/A

BAKING BOARD

$350

$500

<$350,000

SUNSHINE COAST Sunshine Coast residential real estate continues to gather strength, with a rebounding economy fuelling confidence the local property market. The tourist centre recorded an impressive double digit increase in house sales in the three months to December, with local agents reporting this momentum has already carried over into 2015. With the regional economy starting to fire on all cylinders thanks to major infrastructure projects such as the new Sunshine Coast University Hospital and Maroochydore CBD project, the area seems destined for further population growth and consequent demand for real estate. Local agents are reporting strong and growing demand in all three categories – houses, units and townhouses and acreage. This demand is being driven in part by returning tradespeople who are taking up employment opportunities in the local construction sector. However, investors and those attracted to the Sunshine Coast’s enviable lifestyle along are also driving this interest. HOUSE MARKET

The Sunshine Coast was one of Queensland’s star performers in the December quarter, with house sales up an impressive 14 per cent. The median sale price rose 1.8 per cent in the three months to December, driven by increases across all price points. REIQ data confirms the $500,000-plus price point recorded the strongest increase in sales, with very strong activity in the $350,000-plus sector also. Local agents report the prestige end of the market is also performing strongly on the back of rising confidence, with the sub-$350,000 price bracket also attracting much buyer interest. While the Sunshine Coast recorded a 13 per cent drop in acreage sales in the three months to December, transactions are reportedly again on the rise. House sales were down 11 per cent in Noosa in the December quarter, however the median sale price held relatively steady. Noosa median acreage sale prices rose a solid 7.8 per cent in the three months to December. UNIT MARKET

The Sunshine Coast outperformed Noosa in the unit and townhouse market, with sales holding steady in the three months to December. During the same period, the Sunshine Coast median unit and townhouse sale price rose two per cent. Meanwhile in Noosa, sales were down 16 per cent in the three months to December, with median unit and townhouse sale prices falling 5.1 per cent. Local agents say owner-occupiers are competing aggressively against investors for unit and townhouse stock, and are often prepared to pay a premium to secure a property. New construction is also gathering pace, centred around perennially popular beachside locations such as Alexandra Headland and Mooloolaba.

$350,000+

46 24

$1m+14

$500,000+

REGIONAL MARKET UPDATES

$500,000+

$1m+

<$250,000 $250,000+ $350,000+ $500,000+ SUNSHINE COAST & NOOSA HOUSE SALES (p)

(p) Preliminary. See explanatory notes for further information. GOLD SALES Source: REIQ, data provided by RP Data. COAST SEP 14 UNITDEC 14

459 SEP 14 443

(p)

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

(p) Prelimina Source: REIQ

DEC 14

426 BRISBANE SURROUNDS LAND SALES (p) 373 Includes BAY & REDLAND 560 IPSWICH, LOGAN, MORETON

341 296

509 SEP 14457

344

DEC 14 426

276 280

243 88

46 43 59 65 $350,000+ 59 59

<$350,000

$500,000+

$1m+

19 9 $1m+ (p) Preliminary. See explanatory notes for further information. $500,000+ 4 <$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+ $500,000+

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

SEP 14

UNIT SALES (p)

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

(p) Prelimina Source: REIQ

DEC 14

GOLD COAST LAND SALES (p)

203 215 SEP 14194

102 108

DEC 14 177

112 101

10 10 9 9 <$250,000 $250,000+ $350,000+ $500,000+ $1m+ (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP$250,000+ Data. <$250,000 $350,000+

$500,000+

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

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

SUNSHINE COAST & NOOSA LAND SALES (p) SEP 14 46

DEC 14

<$250,000

$250,000+

19 8

$350,000+

$500,000+

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

(p) Prelimina Source: REIQ

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 $250,000-plus price bracket. RENTAL MARKET

The Sunshine Coast and Noosa recorded a very tight 1.1 per cent vacancy rate at the end of December. Suburbs on the Caloundra coast saw vacancies drop further to 0.6 per cent, while Maroochy suburbs remained relatively steady. In the Sunshine Coast hinterland, vacancies eased 1.1 percentage points, but still remaining below 2 per cent. In response to the continued tight conditions, median weekly rents were up across all rental types on the Sunshine Coast, with the largest increase recorded for three bedroom townhouses which were up $30 over the quarter to $400 per week. According to local agents, rental stock remains low and is being further compounded by investors selling their properties to owner-occupiers or in some instances moving into their properties. Some say rental listings are taking less than a week on the market with six to 10 applicants per listing.

DECEMBER 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 (SD)

1,072

$485,000

1.6%

$480,000

6.7%

5.5%

POMONA ^

N/A

$499,000

11.0%

-2.2%

SUNSHINE COAST (SD) ^

187

$567,000

2.8%

$562,500

9.2%

-0.6%

SUNRISE BEACH ~ f

$512,000

-18.1%

$605,000

2.5%

-0.6%

SUNSHINE BEACH

N/A

$1,005,000

3.1%

18.9%

SUNSHINE COAST (LGA)

930

$482,000

1.8%

$473,250

6.3%

5.2%

TEWANTIN

$445,000

-1.1%

$445,000

7.2%

3.5%

4.4%

-2.7%

SUNSHINE COAST (LGA) ^

136

$575,000

1.3%

$575,000

9.5%

0.0%

ALEXANDRA HEADLAND

N/A

$691,250

-12.5%

-4.7%

AROONA

$437,500

-5.9%

$457,000

6.9%

8.8%

SALES MARKET - UNITS & TOWNHOUSES

BATTERY HILL

N/A

$430,000

5.3%

8.5%

SUNSHINE COAST (SD)

BEERWAH

$378,000

0.2%

$380,000

2.7%

-4.9%

625

$350,000

0.0%

$355,000

BEERWAH ^

N/A

$465,000

N/A

SUNSHINE COAST (LGA)

497

$349,500

2.0%

$350,400

2.2%

-2.1%

BLI BLI

$425,000

2.3%

$430,000

4.9%

8.3%

ALEXANDRA HEADLAND ~ f

$339,000

11.9%

$330,000

7.8%

2.7%

BUDDINA

$535,000

3.9%

$530,000

-5.4%

-8.0%

BATTERY HILL

N/A

$247,500

N/A

-7.6%

BUDERIM

124

$555,000

6.1%

$535,000

4.0%

1.9%

BIRTINYA

N/A

$430,000

7.5%

N/A

BUDERIM ^

N/A

$910,000

11.0%

24.7%

BUDDINA ~ f

N/A

$452,000

29.1%

17.2%

BURNSIDE

$377,500

N/A

$376,000

9.3%

1.6%

BUDERIM

$370,000

5.7%

$375,000

-1.7%

0.3%

CALOUNDRA WEST

$425,000

0.6%

$421,000

5.3%

0.5%

CALOUNDRA ~ f

$414,750

11.3%

$375,000

6.8%

-3.8%

COES CREEK

N/A

$363,500

3.9%

0.7%

COOLUM BEACH

$354,000

7.7%

$354,000

4.3%

3.8%

COOLUM BEACH

$495,000

5.3%

$495,000

12.6%

4.2%

CURRIMUNDI

N/A

$345,750

1.8%

-3.9%

CURRIMUNDI

$448,000

2.7%

$440,000

2.4%

3.5%

GOLDEN BEACH ~ f

$297,500

-20.7%

$342,500

3.8%

-3.5%

DICKY BEACH

N/A

$630,000

13.5%

N/A

KINGS BEACH ~ f

$390,000

18.2%

$368,750

12.2%

-12.2%

EUMUNDI ^

N/A

$650,000

-1.4%

N/A

MARCOOLA

N/A

$304,500

-2.4%

-12.2%

GLASS HOUSE MOUNTAINS

$419,000

-2.1%

$420,000

8.4%

-1.5%

MAROOCHYDORE

$332,000

-9.7%

$355,000

0.3%

-2.0%

GLASS HOUSE MOUNTAINS ^

N/A

$445,000

13.1%

-14.4%

MINYAMA

N/A

$305,000

5.5%

0.0%

GLENVIEW ^

N/A

$580,000

N/A

2.3%

MOFFAT BEACH

N/A

$395,000

N/A

GOLDEN BEACH

$449,500

6.1%

$450,000

7.1%

0.0%

MOOLOOLABA ~ f

$400,000

10.5%

$370,000

8.8%

2.8%

KULUIN

N/A

$408,000

5.7%

2.3%

MOUNT COOLUM

N/A

$295,000

12.2%

-9.2%

LANDSBOROUGH

N/A

$356,000

3.2%

-1.9%

MOUNTAIN CREEK

N/A

$379,000

0.0%

28.0%

LANDSBOROUGH ^

N/A

$520,000

20.9%

9.5%

NAMBOUR ~

$259,000

N/A

$213,000

-18.1%

-19.0%

LITTLE MOUNTAIN

$492,000

-0.8%

$475,000

5.0%

2.3%

PARREARRA ~

N/A

$382,500

-4.4%

-23.2%

MALENY

$422,000

N/A

$436,500

3.4%

-5.1%

TWIN WATERS

N/A

$470,000

0.0%

-10.8%

MALENY ^

N/A

$555,000

-14.8%

N/A

WARANA

N/A

$311,500

0.0%

-0.6%

MARCOOLA

N/A

$490,000

2.3%

11.4%

MAROOCHYDORE

$494,500

8.7%

$465,000

1.1%

4.5%

SURROUNDS

MERIDAN PLAINS

N/A

$452,750

0.2%

5.3%

NOOSA (LGA)

128

$375,000

-5.1%

$390,000

1.2%

-8.2%

MINYAMA ~ f

$757,500

29.8%

$787,500

12.9%

-19.1%

NOOSA HEADS ~ f

$408,750

-28.3%

$432,000

-3.5%

-29.2%

MOFFAT BEACH

$633,000

4.6%

$632,500

11.5%

26.8%

NOOSAVILLE

$345,000

-6.8%

$362,500

5.5%

0.7%

MOOLOOLABA ~ f

$602,500

-10.1%

$615,000

9.6%

7.0%

PEREGIAN BEACH

N/A

$370,000

-2.0%

-18.2%

MOOLOOLAH VALLEY

N/A

$393,000

8.8%

7.7%

SUNRISE BEACH

N/A

$349,000

-0.1%

-14.9%

MOOLOOLAH VALLEY ^

N/A

$532,500

5.4%

7.6%

SUNSHINE BEACH ~ f

$585,000

-25.0%

$535,000

8.9%

2.0%

TEWANTIN ~

N/A

$264,375

-19.9%

-12.6%

MOUNT COOLUM

N/A

$480,000

9.3%

3.2%

MOUNTAIN CREEK

$535,000

-1.2%

$515,000

5.0%

7.3%

MUDJIMBA

N/A

$553,000

17.7%

6.1%

NAMBOUR

$341,250

2.2%

$335,000

4.8%

-1.5%

PACIFIC PARADISE

$411,000

2.8%

$395,000

11.3%

8.2%

SUNSHINE COAST (SD)

107

$259,000

5.5%

$239,925

1.2%

0.0%

PALMWOODS

$460,000

12.2%

$425,000

2.4%

-0.9%

SUNSHINE COAST (SD) ^

$310,000

5.1%

$300,000

3.4%

0.0% -1.7%

SALES MARKET - VACANT LAND

PALMWOODS ^

N/A

$680,000

7.1%

3.6%

PARREARRA

$515,000

-5.9%

$565,000

5.6%

9.7%

SUNSHINE COAST (LGA)

$242,100

0.0%

$235,000

2.2%

PELICAN WATERS

$660,000

-4.0%

$667,000

11.2%

13.1%

SUNSHINE COAST (LGA) ^

$313,750

8.2%

$301,000

2.0%

0.3%

PEREGIAN SPRINGS

$545,000

-6.8%

$565,000

6.6%

7.6%

BIRTINYA *

N/A

$253,000

-10.1%

-18.1%

SIPPY DOWNS

$440,500

0.1%

$440,000

6.8%

2.3%

BLI BLI

N/A

$235,000

2.8%

-3.1%

TANAWHA ^

N/A

$800,000

N/A

BUDERIM ~

N/A

$265,000

-10.0%

-10.2%

TWIN WATERS ~ f

$605,000

-13.6%

$660,000

3.9%

2.0%

CALOUNDRA WEST *

N/A

$206,000

15.0%

-14.0%

WARANA

$570,000

7.5%

$517,023

4.4%

7.4%

GLASS HOUSE MOUNTAINS *

N/A

$195,000

N/A

WITTA ^

N/A

$561,250

10.0%

7.0%

LITTLE MOUNTAIN *

N/A

$225,000

0.4%

-10.9%

WOOMBYE ~

$360,000

-11.1%

$415,375

14.0%

9.9%

MAROOCHYDORE

N/A

$228,000

10.5%

N/A

WURTULLA

$466,250

-2.9%

$480,000

10.3%

5.3%

MERIDAN PLAINS *

$199,900

N/A

$220,900

N/A

0.4%

YAROOMBA

$530,000

N/A

$538,000

12.1%

8.1%

MOUNTAIN CREEK

N/A

$257,000

3.4%

9.4%

SURROUNDS NOOSA (LGA)

142

$520,000

-0.5%

$535,000

4.9%

NOOSA (LGA) ^ ~

$555,000

7.8%

$530,000

0.0%

-1.6%

PELICAN WATERS ~ f

N/A

$445,000

49.6%

36.9%

PEREGIAN SPRINGS

N/A

$245,000

2.0%

-10.9%

YANDINA

N/A

$192,500

N/A

-1.1%

BLACK MOUNTAIN ^

N/A

$492,000

-5.6%

N/A

SURROUNDS

COOROIBAH ^

N/A

$580,000

1.3%

N/A

NOOSA (LGA) ~ f *

$437,500

76.6%

$275,000

0.0%

COOROY

N/A

$411,000

5.4%

2.5%

NOOSA (LGA) ^

N/A

$290,000

-3.3%

0.0%

DOONAN ^

$600,000

-3.2%

$627,500

-7.7%

-0.8%

COOROY *

N/A

$199,000

N/A

-7.9%

LAKE MACDONALD ^

N/A

$570,000

15.2%

28.8%

DOONAN ^

N/A

$292,000

N/A

NOOSA HEADS ~

$596,750

-8.3%

$657,500

1.2%

-2.6%

NOOSAVILLE * ~ f

N/A

$322,500

15.2%

9.7%

NOOSAVILLE ~ f

$640,500

-12.6%

$675,000

-5.9%

-12.9%

PEREGIAN BEACH ~ f

$666,000

17.4%

$600,000

-2.4%

5.7%

22 QUEENSLAND MARKET MONITOR

REGIONAL MARKET UPDATES

RENTAL MARKET - 3 BED HOUSES POST CODE

RENTAL MARKET - 2 BED UNITS

DEC-14 $/WEEK

LOCALITYL

DEC-13

NEW BONDS $/WEEK

NEW BONDS

SUNSHINE COAST REGIONAL (NEW)

$410

742

$380

740

4518

GLASS HOUSE MOUNTAINS

$355

$350

4519

BEERWAH

$350

$340

4550

LANDSBOROUGH

$340

4551

AROONA

$410

4552

BALD KNOB

4553

POST CODE

DEC-14 $/WEEK

LOCALITYL

DEC-13

NEW BONDS $/WEEK

NEW BONDS

SUNSHINE COAST REGIONAL (NEW)

$325

837

$312

860

4551

AROONA

$315

155

$310

159

4556

BUDERIM

$320

$330

4557

MOOLOOLABA

$320

$300

102

151

$380

127

4558

MAROOCHYDORE

$340

184

$320

188

$360

4559

DIDDILLIBAH

$280

$260

PALMVIEW

$370

4560

BLI BLI

$250

$240

4555

CHEVALLUM

$380

$365

4564

MARCOOLA

$320

$300

4556

BUDERIM

$440

$400

4572

ALEXANDRA HEADLAND

$360

$330

4557

MOOLOOLABA

$450

$420

4573

COOLUM BEACH

$340

$330

4558

MAROOCHYDORE

$440

$380

4575

BIRTINYA

$380

112

$360

116

4559

DIDDILLIBAH

$400

$370

NOOSA SHIRE

$375

$340

121

4560

BLI BLI

$370

$350

4566

NOOSAVILLE

$350

$330

4561

BRIDGES

$370

$375

4567

CASTAWAYS BEACH

$380

$360

4562

BELLI PARK

$420

$425

4564

MARCOOLA

$390

$400

4572

ALEXANDRA HEADLAND

$440

$400

4573

COOLUM BEACH

$440

$420

SUNSHINE COAST REGIONAL (NEW)

$400

310

$365

200

4575

BIRTINYA

$430

$410

4519

BEERWAH

$295

$310

NOOSA SHIRE

$430

135

$400

141

4551

AROONA

$390

$370

4565

BOREEN

$400

$390

4556

BUDERIM

$400

$365

4566

NOOSAVILLE

$430

$420

4557

MOOLOOLABA

$410

MAROOCHYDORE

$360

RENTAL MARKET - 3 BED TOWNHOUSES

4567

CASTAWAYS BEACH

$500

$450

4558

4563

BLACK MOUNTAIN

$350

$395

4560

BLI BLI

$350

4568

FEDERAL

$390

$350

4564

MARCOOLA

$410

$370

4573

COOLUM BEACH

$440

$375

4575

BIRTINYA

$400

$385

NOOSA SHIRE

$500

$400

4566

NOOSAVILLE

$550

$400

4567

CASTAWAYS BEACH

$500

$430

FRASER COAST

The Fraser Coast saw a solid increase in sales volumes in the three months to December in a further sign that the local market is in recovery phase. While the median sale price recorded a slight drop, average vendor discounting remained relatively unchanged. Average days on market were unchanged compared to three months earlier, with BRISBANE CITY HOUSE SALES (p) local agents characterising it as a “steady” market. SEP 14 DEC 14 With relatively high unemployment persisting, there are 1922 to improve on hopes that the local economy will 1900 continue the back of new developments including the new hospital and Stockland shopping centre expansion. 784 788 332 274the According 161 to local rise 130 agents, buyer confidence is on and vendors are becoming more realistic and more willing $350,000+ $500,000+ $1m+ to meet the<$350,000 market. Meanwhile a local council incentive (p) Preliminary. See explanatory notes for further information. scheme offering $12,000 cashback to new home buyers in Source: REIQ, data provided by RP Data. Hervey Bay is fuelling hopes of an increase in sales activity.

The $350,000-$500,000 price point also saw a steady rise in activity, with local agents confirming strong demand from buyers in this category. Demand for lower-priced properties remains strongest, with affordable house and HOUSES land packages also attracting good buyer interest. TOOWOOMBA SALES (p) Despite rising sales volumes HOUSE over the December quarter, SEP 14 DEC 14 the Fraser Coast’s median house price fell slightly, by 0.5 per cent. This 296 was largely a result of the high number of 271 transactions at the sub-$350,000 price point. 208

<$350,000

Source: REIQ, data provided by RP Data.

SEP 14 194

DEC 14 629

(p) Prelimi Source: RE

DEC 14

202

60 6

<$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) SEP 14

$500,000+

FRASER COAST HOUSE SALES (p)

DEC 14

The Fraser1272 Coast house market recorded a solid increase 1256 1234 in sales activity1078 in the three months to December. Preliminary sales were up a healthy 12 per cent on the previous quarter, with local agents480 reporting 4-bedroom, 571 2-bathroom properties are in strong demand. REIQ data shows most transactions are occurring in21the 22 sub-$350,000 price bracket, with sales up on the <$350,000 $350,000+ $500,000+ $1m+ previous quarter. (p) Preliminary. See explanatory notes for further information.

$350,000+

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

BRISBANE SURROUNDS HOUSE SALES (p) HOUSE MARKET INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND SEP 14

200

Average days on market for house sales remained steady in the December quarter, at 108 days. Meanwhile, 87 average 56 at 7.9 per vendor discounting was relatively unchanged cent over the period.

(p) Prelimi Source: RE

BUNDABERG HOUSE SALES (p) SEP 14 182

DEC 14DECEMBER QUARTER 2014

REGIONAL MARKET UPDATES

FRASER COAST CONTINUED In another sign of a recovering market, unit sales on the Fraser Coast rose eight per cent up in the three months to December. The median sale price was also up an impressive 12.5 per cent over the quarter, on the back of an rise in transactions in the $250,000-plus price point Sales in the sub-$250,000 bracket were down slightly in the December quarter, contributing to the increased median sale price during this period. RENTAL MARKET

The Fraser Coast enjoyed low vacancy rates at the end of December, down marginally to 1.9 per cent from the end of September. Hervey Bay in particular continues to exhibit tight conditions, with its vacancy rate dropping further to 1.6 per cent over the three UNITS months to December, while Maryborough remained relatively steady at 2.3 per cent. TOOWOOMBA SALES Local agents say with the sales UNIT market yet(p) to take off, the SEP 14 DEC 14 rental market is remaining in strong demand, resulting 62 in relatively tight conditions. Investor activity is reportedly low, despite the improving vacancy levels, although there 40 are hopes38 that low interest rates will generate more 28 interest from interstate investors. 14

<$250,000

$250,000+

$350,000+

$500,000+

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

MEDIAN SALE

QTRLY CHANGE

SEP 14 21

SEP16 14 12

276

$285,000

-0.5%

$295,000

1.7%

$360,000

-3.7%

$370,000

0.7%

-2.6%

BURRUM HEADS

N/A

$395,179

6.8%

-1.8%

ELI WATERS

$306,250

-2.0%

$327,000

5.8%

-2.1%

$355,000

7.6%

$330,000

0.0%

1.4%

MARYBOROUGH ~

$199,000

-7.4%

$203,500

-0.7%

-13.4%

PIALBA

N/A

$306,000

8.3%

10.1%

POINT VERNON

$317,500

9.9%

$305,000

0.0%

-1.6%

RIVER HEADS

N/A

$280,000

5.7%

N/A

SCARNESS

$265,000

-7.0%

$272,000

-1.3%

-6.2%

TINANA

N/A

$280,000

5.7%

-3.4%

TOOGOOM ~

$305,000

-9.0%

$310,000

8.8%

-1.2%

TORQUAY ~

$282,000

-7.5%

$313,000

-2.2%

-1.6%

URANGAN

$315,000

3.8%

$315,000

1.9%

0.7%

URRAWEEN

$320,000

-5.9%

$340,000

1.5%

-2.9%

GYMPIE (LGA)

105

$255,000

2.0%

$256,000

0.0%

-8.6%

GYMPIE (LGA) ^ ~

$313,500

8.1%

$325,000

2.5%

-8.7%

CARTERS RIDGE ^

N/A

$272,000

N/A

SURROUNDS

COOLOOLA COVE

9 N/A N/A UNIT $265,000 ROCKHAMPTON & LIVINGSTONE SALES 3.1% (p)

CURRA ^

<$250,000

GYMPIE

KANDANGA ^

RAINBOW BEACH13

SEP 14

$350,000+

$500,000+ 0

$350,000+

N/A

-0.3%

-3.1%

$280,000

N/A

$280,000

SOUTH BURNETT (LGA)

$210,000

5.0%

SOUTH BURNETT (LGA) ^ ~

$296,000

20.8%

TIN CAN BAY

KINGAROY ~

<$250,000

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

SEP 14

49 3

18 77

$201,250

1.6%

-14.4%

$260,000

-1.9%

-5.5%

$150,000

-11.8%

-16.7%

$176,000

-0.8%

-20.0%

N/A

$500,000+ 1

GYMPIE (LGA) <$250,000

$250,000+ 9 5 N/A

$249,000 $240,000

11.5%7

$260,000

RIVER HEADS *

$252,500

1 5

N/A

N/A N/A

<$250,000

N/A N/A

N/A

$250,000+ 1

<$250,000

$250,000+ 2

N/A

5.0%

$106,000

29.3%

5.5%

$69,000

-1.4%

-13.8%

17 $150,000 $95,000

<$250,000

$250,000+

N/A N/A

N/A

$100,000

N/A

$158,500

N/A

-6.8%

$350,000+ 3 $500,000+ 2

$100,000

$250,000+

-20.9%

$107,000

$350,000+

SEP 14$91,500 DECN/A 14

-2.7%

-12.8%

0.0%

-11.1%

$100,000

-14.2%

-5.7%

205 TOWNSVILLE LAND SALES (p)

SEP 14 83

$500,000+ 0

$350,000+

N/A20 11 N/A

-1.8%

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

106

$350,000+ 0

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

-3.3% N/A

$147,000

DEC 14

24 QUEENSLAND MARKET MONITOR Source: REIQ, data provided by RP Data.

-19.3%

$350,000+

-16.7%

N/A

TOOGOOM *

222

-8.5% 5

DEC 14

$125,000

WONDUNNA *

<$250,000

-9.5% -10.5%

N/A

GYMPIE (LGA) ^See explanatory $120,000 UNIT -4.0%SALES $120,000 CAIRNS &further DOUGLAS (p) (p) Preliminary. notes15 for information.

DEC 14

-3.3% 14.3%

SALES (p)

DEC 14 21SEP 14 $115,000 15.0%

Source:~ REIQ, data provided by RP Data. GYMPIE 10

$500,000+ N/A $255,000 N/A 4 $350,000+ 0 0

$250,000+

Source: REIQ, data provided by RP Data.

SALES (p)

-6.2% -4.3%

N/A

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

GYMPIE

GYMPIE (LGA) ~

$350,000+

2.9%

18.9%

N/A

5 $290,000

$260,000

$310,000

SURROUNDS

NIKENBAH *

DEC 14

6 35

URANGAN ~ f

FRASER COAST (LGA) ~

BUNDABERG LAND SALES (p) SEP 14

GLENWOOD ^

$350,000+

$250,000+

N/A

SEP 14 DEC 14 33 42 $270,000 12.5% SEP 14 DEC 14

39~ FRASER COAST 28 (LGA) ^ 7

N/A

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

DEC 14

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

-9.7% 7 7 -12.5%

24 $246,750 $350,000+ 11.0% $235,000 3.3% -9.6% $250,000+ $500,000+

SEP 14

$250,000+ 3

SALES MARKET - VACANT LAND 55 MACKAY LAND SALES (p)

0 <$250,000

N/A

$430,500

<$250,000

SALES (p)

DEC 14

-11.3%

N/A

$315,000

TORQUAY

16 FRASER COAST LAND SALES (p)

SEP 14 10 10

2.0%

$257,100

N/A

12 N/A

-14.5%

N/A

SCARNESS

$250,000+

$235,000

N/A

DEC 14 182.6%

N/A

4 13

PIALBA ~ f

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

$241,000

$242,000

$333,750

SOUTHSIDE

FRASER COAST (LGA) ~ f

DEC 14

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

SEP 14

-12.4%

-16.9%

N/A

MACKAY UNIT SALES (p)

0 $250,000+ 3

N/A

SALES MARKET - UNITS & TOWNHOUSES ROCKHAMPTON & LIVINGSTONE LAND SALES (p)

-1.0%

KAWUNGAN

MURGON 4 for further N/A (p) Preliminary. See explanatory notes information.N/A

DEC 14

1YR 5YR CHANGE CHANGE

FRASER COAST (LGA)

Source: REIQ, data provided by RP Data. NANANGO 9

TOOWOOMBA LAND SALES (p)

ANNUAL MEDIAN SALE

FRASER COAST (LGA) ^

FRASER COAST UNIT SALES (p) LAND

NUMBER OF SALES

SUBURB

UNIT MARKET

SALES MARKET - HOUSES

<$250,000

$250,000+ 6

6 $350,000+

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

<$250,000

$250,000+

$500,000+ 2

$350,000+

REGIONAL MARKET UPDATES

RENTAL MARKET - 3 BED HOUSES POST CODE

RENTAL MARKET - 2 BED UNITS

DEC-14 LOCALITYL

$/WEEK

DEC-13

NEW BONDS $/WEEK

NEW BONDS

FRASER COAST REGIONAL

$285

312

$275

348

4650

ALDERSHOT

$260

133

$254

128

4655

BOORAL

$310

169

$285

201

4659

BEELBI CREEK

$250

$260

GYMPIE REGIONAL

$265

156

$260

188

4570

AMAMOOR

$260

117

$255

141

4580

COOLOOLA

$280

$265

4581

EURONG

$300

$280

SOUTH BURNETT REGIONAL

$235

117

$230

148

4605

BARLIL

$200

4606

CHARLESTOWN

$220

$215

4610

ALICE CREEK

$250

4615

BARKER CREEK FLAT

$235

$220

POST CODE

A number of key infrastructure and commercial developments earmarked for the region are set to provide a much needed boost for local jobs which will in turn improve overall confidence. New developments include the announcement of a Giprock factory at the port, gas pipeline and sewerage plant projects to support local industry developments. Meanwhile the new Masters and Bunnings stores are set to provide further local jobs. According to local agents, investors are beginning to see value in the Bundaberg market and have been showing interest in the unit and townhouse market. The low interest rates and the local economy picking up some momentum on the back of improved job opportunities are now likely to have a positive impact on the local residential market for the year ahead.

DEC-13

NEW BONDS $/WEEK

NEW BONDS

$245

137

$220

156

4650

ALDERSHOT

$190

$185

4655

BOORAL

$260

$240

101

GYMPIE REGIONAL

$200

4570

AMAMOOR

$200

4581

EURONG

$260

$200

SOUTH BURNETT REGIONAL

$195

4610

ALICE CREEK

$200

4615

BARKER CREEK FLAT

$150

N.A.

RENTAL MARKET - 3 BED TOWNHOUSES

4580

Despite languid market indicators over the 2014 calender year, local real estate agents say the Bundaberg residential property market is poised for recovery.

$/WEEK

FRASER COAST REGIONAL

4655

BUNDABERG

DEC-14 LOCALITYL

FRASER COAST REGIONAL

$310

BOORAL

$310

GYMPIE REGIONAL

$290

$300

COOLOOLA

$290

$285

The percentage of properties selling for a profit has also improved slightly, with 82 per cent of vendors in Bundaberg achieving a sale price higher than what they originally paid. UNIT MARKET

Investors are said to be coming into the Bundaberg market, seeing great value for money - particularly in the unit and townhouse market. According to local agents, improving rental yields are once again attracting investors to the region. And with rental returns becoming better in comparison to investments in the share market, investors returning to the property sector typically target the unit and townhouse market. Due to some high end unit sales, the regionâ&#x20AC;&#x2122;s median sale price jump 12.8 per cent over the quarter and its annual median was also up 10.6 per cent. This increase in upper end activity was recorded in both the $350,000-plus and the $500,000-plus bracket over the quarter.

HOUSE MARKET

RENTAL MARKET

Despite easing sales volumes over the quarter and year, median house prices have held relatively steady, up 2.2 per cent over the quarter and up 0.5 per cent over the year

Bundaberg, after signs of a recovery in September, saw its vacancy rate increase to 4.4 per cent over the last three months of the year, sending it also back into weak market conditions. According to local agents, this trend is typical for the time of year, with many tenants moving around in search of work.

Since Christmas however, local agents say buyer activity has picked up, despite a pause over the election period. Local agents also say first home buyers are likely to begin to return to the Bundaberg market, given the regions relative affordability. With a median house price of under $280,000 Bundaberg is the most affordable major regional centre.

Increases in asking rents are also reportedly causing tenants to look elsewhere, although median weekly rents from the RTA are yet to reflect this change.

Further indication that the house market is improving is the pick up in sales at the prestige end of the market. Over the quarter nine properties exchanged hands in the $500,000-plus bracket, compared to just five during the previous quarter. DECEMBER QUARTER 2014

REGIONAL MARKET UPDATES

HOUSES RENTAL MARKET - 3 BED HOUSES POST TOOWOOMBA HOUSEDEC-14 SALES (p)

SALES MARKET - HOUSES BRISBANE CITY HOUSE SALES (p) NUMBERSEP MEDIAN 14 OF SALES SALE

SUBURB

ANNUAL MEDIAN SALE

QTRLY DEC 14 CHANGE

1YR 5YR CHANGE CHANGE

BUNDABERG (LGA)

206

$275,000 1900 2.2% 1922 $277,500

BUNDABERG (LGA) ^ ~

$341,000

6.6%

$350,000

2.3%

3.7%

AVENELL HEIGHTS

$279,000

5.7%

$270,000

-5.2%

-3.2%

AVOCA

788 $293,000

N/A

$317,750

7.2%

2.8%

$367,000

0.5%

$367,000274-0.3% 332 3.4%

$350,000

N/A

$388,500

BARGARA

161

BRANYAN ^

130

BUNDABERG EAST

784

N/A $350,000+ 10 $198,500

<$350,000 BUNDABERG NORTH ~

N/A $243,000 $500,000+ -19.8% $214,000

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

0.5%

0.9%

3.6%

10.2%

-12.9% $1m+ 20.9%

-12.6% -12.7% -5.5%

Source: REIQ,~data provided by 14 RP Data. BUNDABERG SOUTH

$217,500

-17.9%

$225,000

-1.1%

BURNETT HEADS

N/A

$295,000

10.5%

INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND

KEPNOCK ~ MILLBANK NORVILLE

1272

$255,000 SEP 14

-10.8% DEC 14 $269,000

N/A

0.4%

$250,000

THABEBAN

WALKERVALE

$250,000

0.0%

SEP 14

DEC 14

N/A

875 $230,000

N/A

-3.8%

3.5% -8.2%

$251,250

-3.4%

-4.1%

$263,000

-7.7%

-0.8%

480 -6.3% 770

$225,000

-8.2%

-3.8%

508

SURROUNDS

384 12

NORTH BURNETT (LGA) <$350,000 GAYNDAH

571

N/A 310 $350,000+ N/A

-2.2% $1m+ N/A

(p) Preliminary. See explanatory notes for further information. Source: REIQ, provided by RP Data. 62data 47

GOLD COAST HOUSE SALES (p) SALES MARKET & TOWNHOUSES <$250,000- UNITS $250,000+ $350,000+ $500,000+

$1m+

(p) Preliminary. further information. BUNDABERG (LGA) ~ See explanatory35notes for SEP $265,000 12.8% 14 DEC 14 $260,000 Source: REIQ, data provided by RP Data.

BARGARA ~ f

$377,500

575

N/A

541

629$370,000

-1.4%

39.6%

5.7%

365

$270

$285

317

$290

323

$255

NORTH BURNETT REGIONAL

$220

4625

ARANBANGA

$250

$23587

4626

BEERON

$200

$220

4630

BANCROFT

$180

$220

4670

ABBOTSFORD

4671

BOOLBOONDA

271

208

<$350,000

BUNDABERG REGIONAL 4670

509

$500,000+

457

426 LAND SALES (p) 88 BRISBANE SURROUNDS Includes IPSWICH, LOGAN, MORETON BAY & REDLAND

296

243 <$350,000 344 341

SEP 14 $350,000+

276 280 DEC 14

$1m+

<$250,000 $250,000+ $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information. 59 59 Source: REIQ, data provided by RP Data.

$500,000+

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

$1m+ 9

SUNSHINE COAST & NOOSA UNIT SALES (p)

<$250,000

$250,000+ SEP 14

$350,000+ DEC 14

$500,000+

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

203 215

194

108 102 83

DEC 14 112

BUNDABERG REGIONAL 4670

ABBOTSFORD

SEP 14 $280 DEC 1418 62 $285

46 40

$300

28 <$350,000

$350,000+

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

BUNDABERG HOUSE SALES (p) $250,000+

$500,000+

$350,000+ 14

$500,000+

SEP 14 DEC (p) Preliminary. See explanatory notes for further information. Source: REIQ, data 182provided by RP Data.

(p) Prelimina Source: REIQ

(p) Preliminar Source: REIQ,

159

DEC 14 LAND

33 SALES (p) 16 39 LAND TOOWOOMBA

12 SEP 14

60 <$350,000

DEC 14

$350,000+ 6

$500,000+

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

27 GLADSTONE HOUSE SALES (p) <$250,000 $250,000+ $350,000+ $500,000+ SEP 14 DEC 14 (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 4 3 2 59 0 51 BUNDABERG UNIT SALES (p) 48 47 <$250,000 $350,000+ SEP 14$250,000+ DEC 14 (p) Preliminary.19 See explanatory notes for further information. Source: REIQ, data provided by RP Data. 16 FRASER COAST LAND SALES (p)14 10 10 10 SEP 14 DEC 14 7 62 <$350,000 $350,000+ 4 $500,000+ (p) Preliminary. See explanatory notes for further information. 2 44 Source: REIQ, data provided by RP Data. 0

<$250,000

$250,000+

$350,000+

$500,000+

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

<$250,000

$250,000+

(p) Preliminar Source: REIQ,

(p) Prelimina Source: REIQ

(p) Preliminar Source: REIQ,

(p) Preliminary Source: REIQ,

(p) Prelimina Source: REIQ

GLADSTONE UNIT SALES (p)

SEP 14 information. DEC (p) Preliminary. See explanatory notes for further Source: REIQ, data provided 11 by RP Data.

349

$1m+

$350,000+

(p) Preliminar Source: REIQ,2

SEP 14 5

6 14 DEC 4

3 0

$500,000+

<$250,000

$250,000+

$350,000+

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 2 0

<$250,000

$250,000+

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

SUNSHINE COAST & NOOSA LAND SALES (p) 49

161

DEC 14

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

SEP 14 26 QUEENSLAND MARKET MONITOR

170

$224

BUNDABERG LAND SALES (p)

101

...the Bundaberg 36 <$250,000 $250,000+ $350,000+ $500,000+ 28 residential property (p) Preliminary. See explanatory notes for further information. 10 9 Source: REIQ, data provided by RP Data. market is poised for <$250,000 recovery. $250,000+ $350,000+

$220

194 202TOOWOOMBA UNIT SALES (p) RENTAL MARKET - 3 BED TOWNHOUSES

177 SALES (p) GOLD COAST LAND SEP 14

188

UNITS

SEP 14

29 239 $137,500 -4.5% $144,000 0.0% 6.7% 225 BRISBANE CITY LAND SALES (p) 101 117 4.2% 58 6 N/A N/A $144,000 2.9% BARGARA 1 N/A 14 $167,000 3.6% -1.8% SEPN/A 14 132 DEC 100N/A INNES PARK 4 57 N/A 4.6% N/A <$350,000 $350,000+ $500,000+$125,000 $1m+ 49 46 KALKIE *(p) Preliminary. See explanatory4 notes for further N/A information. N/A 51 $163,000 N/A 30.5% Source: REIQ, data provided by RP Data. 5 3 N/A MOORE PARK BEACH 2 N/A N/A 36$144,000 0.0% 31 & NOOSA HOUSE SALES (p) 29 SUNSHINE COAST <$250,000 $250,000+ $350,000+ $500,000+ 24 $1m+ 19 (p) Preliminary. See explanatory notes for SEP further 14 14information. DEC 14 Source: REIQ, data provided by RP Data. 443 459 426 373 GOLD COAST UNIT SALES (p)

$350,000+ DEC 14

(p) Prelimina Source: REIQ

$225

SEP 14

BUNDABERG (LGA)260

$250,000+ SEP 14

$500,000+

FRASER COAST$225 HOUSE SALES (p) 182

ABBOTSFORD

66 BUNDABERG (LGA) ^

<$250,000

$350,000+

FRASER COAST UNIT SALES (p)

DEC 14

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 560

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

INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND

SEP 14

200

Source: REIQ, data provided by RP- Data. RENTAL MARKET 2 BED UNITS

516UNIT SALES (p) BRISBANE SURROUNDS

SALES MARKET - VACANT LAND 282

NEW BONDS

$260

296 ABINGTON

<$250,000

10.6%

DEC 14

$280

-6.7% 0.0%

DEC-13

NEW BONDS $/WEEK

363

4660

$285

427

N/A $154,000 $500,000+ N/A $180,000

SEP 14

-0.4%

-9.5%

1256 1234 7 N/ACITY UNIT N/A SALES $225,000 (p) 1078 BRISBANE

SVENSSON HEIGHTS

-9.0%

$/WEEK

LOCALITYL

BUNDABERG REGIONAL

7.3%

BRISBANE SURROUNDS HOUSE SALES 7 N/A N/A $307,500 (p) -18.0%

KALKIE

CODE

GLADSTONE LAND SALES (p)

DEC 14

SEP 14 20

DEC 14

$500,000+ 0

(p) Preliminar Source: REIQ,

$350,000+ (p) Preliminar Source: REIQ,

REGIONAL MARKET UPDATES

GLADSTONE

Similar to other major regional centres, the Gladstone residential market saw an easing in sales volume over the December quarter in both house and unit sales. BRISBANE CITY LAND SALES (p)

According to local agents, of the cycle is SEP the 14 worst DEC stage 14 now over for Gladstone with all market indicators pointing 57 to stabilising conditions. Property 49 price corrections seen in recent times are said to have presented36local and interstate 31 29 great buying opportunities. buyers with 24 19

Despite the easing property market conditions, the overall outlook for the region remains very positive, amid talks of plans to<$250,000 extend the existing LNG facilities in 2017. The Wicet $250,000+ $350,000+ $500,000+ project at Wiggins is also said to provide a significant (p) Preliminary. See explanatoryIsland notes for further information. Source: REIQ, data provided by RP Data. boost for the region in the years ahead, which will not only service the coal export industry butLAND also SALES help diversify the BRISBANE SURROUNDS (p) HOUSES Includes IPSWICH, LOGAN, MORETON BAY & REDLAND Gladstone port capabilities. SEP 14 DEC 14 BRISBANE CITYHOUSE UNIT SALES (p) (p) phase 344 TOOWOOMBA 341 however Local agents do feel that theSALES recovery SEP 14 DEC 14 SEP 14 DEC 14 will likely take a number of years. Construction on Curtis 875 down, however with 296 reportedly winding Island is now 271 770 a predominant FIFO employee base and camp base for 208 200 59 will59likely have508 employees on site, this little if any impact on 22 19 427 9 4 384 the Gladstone residential 310 market. <$250,000 HOUSE 62 MARKET 47

$250,000+

$350,000+

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

87 56$500,000+ 54 47

The vast majority of the Gladstone property market is now <$350,000$250,000+ $350,000+ $350,000+ $500,000+ <$250,000 $500,000+ $1m+ said to be See undervalued, given the current state of the GOLD COAST LAND SALES (p) (p) explanatory (p)Preliminary. Preliminary.See explanatorynotes notesfor forfurther furtherinformation. information. Source: REIQ, data provided by RP Data. Source: REIQ, data provided Data. market and this isby RP bringing SEP 14Gladstone DEC 14 back on the radar of investors102 as well as local home buyers. BRISBANE UNIT SALES FRASERSURROUNDS COAST HOUSE SALES (p) (p) 91INCLUDES IPSWICH, LOGAN, MORETON BAY & REDLAND SEP1414 are DEC First home buyers in particular said SEP DEC 1414 to be jumping on 282 prices, while other owner-occupiers the affordable home 260194 202 239 36 are looking 225 to the prestige market for good value. 28 10 to be 10 up9 9 picking The prestige auction market is said 132 100 momentum – with reports of up60 to 2051 groups going 46 46 $350,000+ through <$250,000 open homes$250,000+ for upcoming auctions. $500,000+ 5 (p) Preliminary. See explanatory notes for further information. 6 6 3 Source: REIQ, data provided by RP Data.

Given the revival $250,000+ in investor$350,000+ and first$500,000+ home buyer$1m+ activity, <$250,000 <$350,000 $350,000+ $500,000+ COAST &information. NOOSA LAND$400,000 SALES (p) are local agents say properties under (p) Preliminary. SeeSUNSHINE explanatory notes for furtherpriced (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. Source: REIQ, data provided byREIQ RP Data. sales analysis confirms this with moving quickest. SEP 14 DEC 14 GOLD COAST UNIT SALES (p) an increase in49house sales numbers in the BUNDABERG HOUSE SALES (p) sub-$350,000 46 SEP 14 DEC 14 price point, with a slightSEP increase in volumes over the 14 DEC 14 quarter, while other price points recorded a drop 182 the560 509 26 159 457 426 in activity. 21 19 15

UNIT MARKET

Sales, volumes, however had picked up over the quarter, with investors reportedly returning to the Gladstone 4 3 2 0 market seeing value at current sale prices and improving rental conditions. <$250,000 $250,000+ $350,000+ (p) Preliminary. See explanatory notes for further information. RENTAL MARKET Source: REIQ, data provided by RP Data.

Source: REIQ, data provided by RP Data.

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

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

108

And while some stock $350,000+ continues to trickle onto the <$350,000new $500,000+ <$250,000 $250,000+ $350,000+ $500,000+ BUNDABERG LAND SALES (p) notes for further information. (p) Preliminary. See explanatory market, local agents say this side of things is improving. Source: REIQ, data provided by RP Data. SEP 14

(p) Prelim Source: R

19 64 64

SEP 14 DEC DEC SEP 14 14 14 94 73

16 12

6 $250,000+

<$250,000

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

<$250,000 <$350,000

0 30

0 23 $350,000+ 1 0

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

$500,000+ $500,000+

GLADSTONE LAND SALES (p)

(p)Preliminary. Preliminary.See Seeexplanatory explanatorynotes notesfor forfurther furtherinformation. information. (p) Source:REIQ, REIQ,data dataprovided providedby byRP RPData. Data. Source:

SEP 14

DEC 14

SEPSEP 14 14

DECDEC 14 14

(p) Prelim Source: R

(p) Prelim Source:

TOWNSVILLE SALES (p) (p) BUNDABERGHOUSE UNIT SALES

19 14 255 16 222

183 10 1

165 2

4 $250,000+

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

65 49 $350,000+2 0

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

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

$500,000+ $500,000+

(p) (p)Preliminary. Preliminary.See Seeexplanatory explanatorynotes notesfor forfurther furtherinformation. information. Source: Source:REIQ, REIQ,data dataprovided providedby byRP RPData. Data.

(p) Prelim Source: R

CAIRNS & DOUGLAS HOUSE SALES GLADSTONE UNIT SALES (p) (p) SEP SEP 1414

112 101

DEC DEC 1414

265 214

161

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

DEC 14

(p) Prelim Source: R

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

208

35 2110

DEC DEC 1414

Source: REIQ, data provided by RP Data.

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

SEP SEP 1414

62 Gladstone’s rental market likewise continues to see 163 softening rents,142 however vacancy levels have shown 40 38 of improvement. some signs At the end of December the 3 28 2 0 to 14.2 per vacancy rate was down 0.569 percentage points 60 14 cent. Not <$250,000 only the second $250,000+ consecutive drop but now also 10 $350,000+ 26 194 years. the lowestSeevacancy rate the information. region has seen in5two (p) Preliminary. explanatory notes for further

GLADSTONE SUNSHINE COAST &HOUSE NOOSASALES UNIT(p) SALES (p) SEP DEC SEP14 14 DEC14 14 215 203 59 194 177 51 47

(p) Prelim Source: R

Vacancy rates areFRASER beginning toLAND tighten and UNITS COAST SALES (p) days on market for rental listings are coming down. This in turn is SEP 14 DEC 14 underpinning improved confidence in the sales as 62 TOOWOOMBA UNIT SALES (p) SALESmarket, ROCKHAMPTON & LIVINGSTONE HOUSE (p) investors once again see value in the Gladstone market.

296in the median sale prices is276 The drop said to be8 impacted 280 243 by mortgagee in possession sales still occurring. However, 39 banks 33$350,000+ even in those instances some are holding 59 off65from <$250,000 $250,000+ $500,000+ 9 7 (p) Preliminary. See explanatory notesof for further information. market conditions. selling in anticipation improving

LAND

With the oversupply of new developments still being absorbed, the unit market continues to see TOOWOOMBA LAND SALES (p) a correction in prices. As such the median unit sale price over the SEP 14 DEC 14 December60quarter saw a strong drop of 36.9 per cent. This was also largely influenced by drop in higher end townhouse sales.

6 4

95 3103

0 <$350,000 <$250,000

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

$500,000+ $500,000+

(p) (p)Preliminary. Preliminary.See Seeexplanatory explanatorynotes notesfor forfurther furtherinformation. information. Source: Source:REIQ, REIQ,data dataprovided providedby byRP RPData. Data.

(p) Prelim Source: R

DECEMBER 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

ANNUAL MEDIAN SALE

QTRLY CHANGE

1YR 5YR CHANGE CHANGE

GLADSTONE (LGA)

120

$356,250

-4.7%

$380,000

-11.5%

5.6%

GLADSTONE (LGA) *

$200,500

-6.3%

$208,000

-1.0%

15.6%

GLADSTONE (LGA) ^ ~

$500,000

7.5%

$475,000

-11.2%

9.2%

KIRKWOOD *

N/A

$220,000

-11.8%

22.9%

AGNES WATER ^

N/A

$353,500

-10.7%

N/A

BOYNE ISLAND

N/A

$427,000

-10.1%

9.5%

RENTAL MARKET - 3 BED HOUSES

CALLIOPE

N/A

$394,000

-9.2%

6.8%

CLINTON

$342,000

0.6%

$357,250

-12.9%

-0.8%

POST

GLEN EDEN

N/A

$415,000

-8.8%

-7.2%

CODE

KIN KORA

N/A

$350,000

-11.4%

-2.2%

KIRKWOOD

N/A

$446,000

-14.3%

N/A

NEW AUCKLAND

$365,000

3.1%

$380,000

-11.5%

-1.3%

SOUTH GLADSTONE

N/A

$337,500

-17.7%

1.4%

TANNUM SANDS ~

$445,000

-7.9%

$481,500

2.9%

4.3%

TELINA

$352,500

N/A

$380,000

-7.4%

3.1%

WEST GLADSTONE ~

$297,500

-17.9%

$350,000

-10.3%

9.4%

BANANA (LGA) ~

$238,000

-12.3%

$260,500

-3.5%

0.2%

BILOELA

$325,000

2.1%

$307,500

8.8%

7.9%

DEC-14 $/WEEK

LOCALITYL

DEC-13

NEW BONDS $/WEEK

NEW BONDS

GLADSTONE REGIONAL

$300

286

$395

301

4677

AGNES WATER

$300

$330

4680

GLADSTONE

$300

269

$400

274

BANANA SHIRE

$300

$315

4715

BILOELA

$320

$360

4718

BAUHINIA

$250

RENTAL MARKET - 2 BED UNITS

SURROUNDS

SALES MARKET - UNITS & TOWNHOUSES GLADSTONE (LGA) ~ t

$233,300

-36.9%

$330,000

GLADSTONE REGIONAL

$250

199

$330

186

4677

AGNES WATER

$350

$295

4680

GLADSTONE

$250

192

$330

178

BANANA SHIRE

N/A

$260

BILOELA

$250

4715 -8.3%

8.2%

AGNES WATER ~

N/A

$310,000

-9.5%

-22.5%

GLADSTONE CENTRAL

N/A

$399,500

4.3%

N/A

RENTAL MARKET - 3 BED TOWNHOUSES 4680

GLADSTONE REGIONAL

$360

103

$480

106

GLADSTONE

$360

103

$480

106

ROCKHAMPTON According to local agents, the residential market in Rockhampton is still at the bottom of the cycle with the lack of employment opportunities playing a key factor in the overall economy.

Also indicative of this holding pattern is the stability in the regionâ&#x20AC;&#x2122;s median house price. Over the year, it was down just 1.6 per cent and up 3.4 per cent compared to five years ago when the market was much stronger.

Given the current climate many are choosing to hold on and wait for the market to improve. This is said to be true for both owner-occupiers and investors. This trend is evident in both the drop off in listing numbers and sales activity over the year.

All on the market indicators point to continued downturn in the market, with vendor discounting increasing slightly by 1.2 percentage points over the year. Average days on market also have stretched out, typical of slow market conditions.

And while the recent cyclone and subsequent flooding had a devastating impact on the region and on local property, the Rockhampton community have rallied together and repairs are well under way.

UNIT MARKET

While this will cause the sales market to pause and ultimately delay the eventual recovery, the job front has never been better for local tradesmen. HOUSES This will ultimately have a flow on effect to the local economy, which will also help to boost overall confidence within the(p) property sector. TOOWOOMBA HOUSE SALES

Similar to the house market, total volumes over the year have fallen 30 per cent, while listing numbers over the year have dropped by nearly 60 per cent.

HOUSE MARKET

SEP 14

With no more new unit developments coming onto the market, unit sales volumes over the December quarter in Rockhampton dropped back to usual low levels.

ROCKHAMPTON & LIVINGSTONE HOUSE SALES (p)

DEC 14

SEP 14

296 Over the December quarter 2014, the Rockhampton 271 council area saw sales volumes ease slightly, down four 208 200 per cent on the September quarter, while the median house price also eased, down 3.6 per cent. 87

163

DEC 14

142 69

Sales volumes over 2014 were down nearly 30 per cent compared to 2013, however this is reportedly due more to <$350,000 $350,000+ $500,000+ the fact that the vast majority of vendors are holding off (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RPproperties Data. from placing their on the market. FRASER COAST HOUSE SALES (p) SEP 14 28 QUEENSLAND MARKET MONITOR

DEC 14

26 <$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) SEP 14 94

DEC 14

REGIONAL MARKET UPDATES

ROCKHAMPTON CONTINUED According to local agents, unit owners are also playing the wait and see game, looking for the Rockhampton market to show signs of improvement. Over the quarter the change in the type of stock being sold saw the median drop 15.7 per cent. RENTAL MARKET

Rockhampton agents continue to report an oversupply of rental stock, as well as the end of year being a quiet time for tenant enquiry levels. After recording improving conditions for three consecutive surveys, vacancy rates bounced back up to 5.2 per cent at the end of December, with rentals spending more than four weeks on the market. Fortunately, agents say investor activity has continued to drop off, which bodes well for the regions vacancy levels. The rental pool is said to remain unchanged, with investors instead choosing to relax the asking rent in order to maintain their tenancies. Compared to the December quarter 2013, median weekly rents in Rockhampton have come down with three bedroom houses down $35 to $295 per week and two bedroom flats down $25 to $230 per week.

...many vendors are choosing to hold on and wait for the market to improve.

ROCKHAMPTON & LIVINGSTONE LAND SALES (p) SEP 14

DEC 14

35 5 <$250,000

$250,000+

DEC 14 18

3 7

1 <$250,000

$250,000+

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

<$250,000

$250,000+

106

SALES (p)

SEP 14

DEC 14

SEP 14 33

DEC 14

$350,000+

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

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

ROCKHAMPTON (LGA)

163

$294,000

-3.6%

$300,000

-1.6%

N/A

$380,500

1.5%

1.2%

ALLENSTOWN

N/A

$265,000

-0.6%

6.0%

3.4%

BERSERKER

$232,000

3.1%

$235,000

-6.0%

-1.7%

FRENCHVILLE ~

$312,000

-9.7%

$330,000

-4.3%

1.5%

GRACEMERE

$330,000

6.5%

$324,750

-3.6%

3.1%

KAWANA

N/A

$312,500

-1.4%

6.3%

KOONGAL ~

$210,000

-24.0%

$272,000

2.6%

2.8%

MOUNT MORGAN

$60,000

N/A

$83,250

-39.2%

-41.6%

NORMAN GARDENS ~

$460,000

10.8%

$395,000

2.3%

6.5%

PARK AVENUE

$243,500

-5.6%

$265,000

-3.8%

6.0%

THE RANGE ~

$345,000

-13.8%

$351,000

-2.5%

6.4%

WANDAL ~

$340,000

13.3%

$287,000

0.7%

0.2%

WEST ROCKHAMPTON

N/A

$246,000

-3.7%

-1.2%

LIVINGSTONE (LGA) ~

$362,500

13.5%

$372,750

-4.4%

1.0%

LIVINGSTONE (LGA) ^

$530,000

1.9%

$512,500

4.4%

13.6%

LAMMERMOOR

N/A

$472,500

7.9%

5.0%

SURROUNDS

YEPPOON

$347,500

-3.5%

$340,000

-16.0%

-2.9%

ZILZIE

N/A

$405,000

8.0%

9.5%

CENTRAL HIGHLANDS (LGA) ~

$227,500

-25.4%

$310,000

-22.5%

-6.9%

EMERALD ~

$295,000

-20.1%

$345,000

-16.9%

-7.0%

SALES MARKET - UNITS & TOWNHOUSES ROCKHAMPTON (LGA) ~

$350,000

-15.7%

$359,375

5.7%

35.6%

ROCKHAMPTON CITY ~ f

$550,000

22.2%

$446,369

N/A

-12.5%

SURROUNDS LIVINGSTONE (LGA)

$299,000

-1.8%

$320,000

-8.0%

8.5%

YEPPOON ~

N/A

$271,500

-21.9%

-8.0%

SALES MARKET - VACANT LAND ROCKHAMPTON (LGA) ~ *

$120,500

-34.5%

$170,000

6.9%

31.8%

GRACEMERE *

N/A

$145,250

-1.8%

32.0%

NORMAN GARDENS

N/A

$183,900

2.2%

8.8%

SURROUNDS CENTRAL HIGHLANDS (LGA)

N/A

EMERALD

N/A

$154,900

-0.1%

22.5%

LIVINGSTONE (LGA)

$175,000

0.0%

$172,000

1.8%

7.5%

LIVINGSTONE (LGA) ^

N/A

$239,000

3.9%

11.2%

PARKHURST

N/A

$172,000

2.4%

N/A

TAROOMBALL *

N/A

$185,000

N/A

21.3%

YEPPOON

N/A

$176,950

-1.7%

8.9%

ZILZIE *

N/A

$169,000

-1.7%

5.6%

POST

MEDIAN SALE

ROCKHAMPTON (LGA) ^

CODE

SEP 14 DEC 14 ROCKHAMPTON & LIVINGSTONE UNIT SALES (p) 28

NUMBER OF SALES

RENTAL MARKET - 3 BED HOUSES

MACKAY LAND SALES (p)

SUBURB

$350,000+

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

SEP 14

SALES MARKET - HOUSES

$500,000+

DEC-14 LOCALITYL

$/WEEK

DEC-13

NEW BONDS $/WEEK

NEW BONDS

ROCKHAMPTON REGIONAL (NEW)

$295

246

$330

434

4700

ALLENSTOWN

$300

$310

4701

BERSERKER

$300

164

$335

177

4714

BAREE

$190

$215

LIVINGSTONE SHIRE (NEW)

$300

146

N/A.

N/A

4702

ALBERTA

$300

$310

4703

ADELAIDE PARK

$330

$360

4710

EMU PARK

$280

$345

CENTRAL HIGHLANDS REGIONAL

$250

140

$300

167

4717

BLACKWATER

$220

$300

4720

EMERALD

$250

$310

4722

SPRINGSURE

$250

N.A.

4723

CAPELLA

$225

$300

MACKAY UNIT SALES (p) 83

DECEMBER QUARTER 2014

REGIONAL MARKET UPDATES TOOWOOMBA HOUSE SALES (p)

SEP 14

RENTAL MARKET - 2 BED UNITS 296

POST CODE

332

271 $230

4700

ALLENSTOWN

$220

4701

BERSERKER

$240

$230

122

$250

LIVINGSTONE SHIRE (NEW)

$270

N/A

4702

ALBERTA

$180

4703

ADELAIDE PARK <$350,000

$280 $350,000+ 59 (p)EMU Preliminary. PARK See explanatory notes for further $265information.5 Source: REIQ, data provided by RP Data.

4717

BLACKWATER

4720

EMERALD

$190

N/A

N.A.

$300 $500,000+ 59 N.A. 0 87 18

SEP 14

DEC 14

$265

69$320 60

$380

N/A

$380

26$440 19

N/A

ALBERTA CENTRAL HIGHLANDS REGIONAL

$270

$350

$260 $350,000+

$340 $500,000+

BERSERKER LIVINGSTONE SHIRE (NEW)

4702 4720

EMERALD<$350,000

MACKAY HOUSE SALES (p) SEP 14 94

DEC 14

All other market 182 indicators point to continued weakening conditions however 159according to local agents, Mackay has turned a corner since the start of the year on the back of improved local confidence, namely within the employment sector. 33

Both sales and rental markets are said to be stabilizing, 9 7 with multiple applications being received for rental listings <$350,000 $500,000+ and multiple offers on sales. $350,000+ (p) Preliminary. See explanatory notes for further information. The oversupply in the market is beginning to be absorbed (p) the since the start of theGLADSTONE year, with HOUSE agentsSALES reporting SEP 14is getting DEC 14back on to a more demand and supply imbalance level playing field. 59 48 Local confidence had been hit hard47over the 2014 year with significant job losses surrounding mine closures and the completion of the construction phase. However 14 10 is now redundancies have now come to an end and Mackay seeing stability in the local workforce, with mining jobs back to normal work<$350,000 hours. $350,000+ $500,000+ (p) Preliminary. See explanatory notes for further information.

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

The 2014 calender year was a tough year for the Mackay house market, with sales volumes down 26 per cent. There have however been signs that the house market is turning the corner with local agents saying buyer activity has improved since Christmas. First home buyers in particular are said to be re-entering the market, predominantly finding value for money in houses in the $350,000 to $400,000 price range. And like any residential market, where there are first home buyers active, upgraders who are selling their homes are also on the home hunt as well. Despite the tough conditions in Mackay, average days on market have remained below 100 days while average vendor discounting has not reached 10 per cent. The percentage of vendors to make a profit on their original purchase price however has dropped to 75 per cent. Despite this result, median house prices have held 30 QUEENSLAND MARKET MONITOR

DEC 14 73

For the last three months of 2014, the Mackay $500,000+ residential <$350,000 $350,000+ (p) Preliminary. See explanatory notes forvolumes further information. property market saw sales continue to trend Source: REIQ, data provided by RP Data. downwards, with house sales down 13 per cent and unit HOUSE SALES (p) sales a third of thoseBUNDABERG recorded the previous quarter.

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

30 6

NEW BONDS

$420

4701

DEC-13

NEW BONDS $/WEEK

MACKAY

$/WEEK

$345

202

DEC 14 DEC-14

142

Source: REIQ, data provided by RP Data.

(p)

163 LOCALITYL

ROCKHAMPTON REGIONAL (NEW)

$250

$195

POST CODE

110

$175 6 $200 FRASER COAST HOUSE SALES (p)

SEP 14

200167

NEW BONDS

224

194

117

DEC-13

NEW BONDS $/WEEK

$255

CENTRAL HIGHLANDS REGIONAL

208

ROCKHAMPTON REGIONAL (NEW)

4710

SEP 14

RENTAL MARKET - 3 BED TOWNHOUSES

DEC-14 $/WEEK

LOCALITYL

ROCKHAMPTON & LIVINGSTONE HOUSE SALES (p)

DEC 14

<$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)

relatively well, down justSEP 5.214per cent DEC 14over the year and up 3.9 per cent compared to five years ago. 255

222 According to local agents,183 investors that bought at the 165 peak of the boom in nearby Moranbah are really hurting in the back pocket. Many are either forced to sell at a significant loss or simply ride out the bottom 49 of65the cycle in the hopes that the local mining sector will recover. <$350,000 UNIT MARKET

$350,000+

$500,000+

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

Mackayâ&#x20AC;&#x2122;s unit and townhouse market has come down significantly with preliminary volumes CAIRNS & DOUGLASsales HOUSE SALES (p)over the December quarter almost a third of those recorded during SEP 14 DEC 14 the September quarter. 265 214 In some good of the market, 208 news for this segment building approvals 161 appear to be coming to a halt, which will enable buyer demand to eventually soak up the 95 103 current supply levels.

Median sale prices for the Mackay council area remained relatively steady however the$500,000+ suburb of <$350,000over the year, $350,000+ (p) Preliminary. See explanatory notes for further information. Mackay saw its median drop nearly 25 per cent on the Source: REIQ, data provided by RP Data. back of the wrapping up of new unit sales. Compared to five years ago, however, the median unit price for the suburb was up 6.7 per cent. RENTAL MARKET

Mackayâ&#x20AC;&#x2122;s rental market continues to struggle, with vacancies hitting an all-time high of 10.3 per cent at the end of December, up from 8.4 per cent at the end of September. Local agents report continued over supply and this is being compounded further by the final rounds of new stock coming onto the market. Tenants in Mackay are said to have the upper hand with a large choice of rentals, while changes to employment in the resources sector is said to have contributed to a drop off in overall population. Over the first few months of 2015, however, local agents say vacancies are beginning to come back down and the correction in asking rents has seen people who had no choice but to go on waiting lists for public housing return back to the private rental market.

REGIONAL MARKET UPDATES

POST NUMBER OF SALES

SUBURB

MEDIAN SALE

QTRLY CHANGE

ANNUAL MEDIAN SALE

1YR 5YR CHANGE CHANGE

MACKAY (LGA) ~

173

$370,000

-5.4%

$400,000

-5.2%

3.9%

MACKAY (LGA) ^ ~

$427,500

-10.0%

$461,500

-10.0%

-1.2%

ANDERGROVE

$365,000

-2.0%

$377,450

-9.3%

-2.6%

BEACONSFIELD

N/A

$385,000

-10.5%

-2.5%

BLACKS BEACH

N/A

$447,500

0.1%

-2.5%

BUCASIA

N/A

$395,000

-8.5%

-2.5%

EAST MACKAY

N/A

$385,000

-8.3%

6.3%

EIMEO

N/A

$435,000

-7.7%

-3.8%

GLENELLA

N/A

$460,000

-12.0%

-8.0%

MARIAN

N/A

$465,000

1.1%

21.7%

MOUNT PLEASANT

$365,000

N/A

$410,000

-6.8%

-2.4%

NORTH MACKAY

$330,000

1.5%

$318,000

-14.1%

-3.6%

OORALEA

N/A

$467,500

-3.6%

10.0%

RURAL VIEW

N/A

$475,000

-4.0%

8.0%

SARINA

N/A

$307,500

-11.5%

-3.1%

SLADE POINT

N/A

$322,500

-12.8%

-8.9%

SOUTH MACKAY ~

$298,000

-10.4%

$360,000

-3.0%

3.0%

WALKERSTON

$420,000

N/A

$447,500

-2.3%

8.1%

WEST MACKAY

$340,000

-5.6%

$360,000

-5.9%

2.9%

CODE

DEC-14 $/WEEK

LOCALITYL

DEC-13

NEW BONDS $/WEEK

NEW BONDS

MACKAY REGIONAL

$320

377

$390

447

4737

ARMSTRONG BEACH

$295

$350

4740

ALEXANDRA

$330

307

$395

355

4741

BALL BAY

$275

$330

4750

BUCASIA

$320

$400

4751

GREENMOUNT

$330

$360

4753

DEVEREUX CREEK

$280

$350

ISAAC REGIONAL

$250

133

$340

161

4721

CLERMONT

$250

$350

4744

MORANBAH

$260

$350

4745

DYSART

$160

$230

4746

GERMAN CREEK

$300

$400

WHITSUNDEY REGIONAL

$320

145

$350

139

4800

ANDROMACHE

$330

$320

4802

AIRLIE BEACH

$370

$420

4804

COLLINSVILLE

$190

$200

4805

BINBEE

$260

$295

RENTAL MARKET - 2 BED UNITS POST CODE

SURROUNDS

DEC-14 $/WEEK

LOCALITYL

DEC-13

NEW BONDS $/WEEK

NEW BONDS

MACKAY REGIONAL

$245

311

$300

271

ISAAC (LGA) ~

$150,000

-25.0%

$210,000

-40.0%

-47.5%

4737

ARMSTRONG BEACH

$230

$270

MORANBAH

N/A

$227,500

-40.1%

-47.1%

4740

ALEXANDRA

$250

275

$300

243

4750

BUCASIA

$220

$280

4751

GREENMOUNT

$270

N.A.

ISAAC REGIONAL

$200

$250

WHITSUNDAY (LGA)

$382,500

3.4%

$380,000

0.0%

-3.8%

WHITSUNDAY (LGA) ^ ~

$510,000

26.7%

$490,000

5.5%

5.4%

BOWEN

$366,500

5.5%

$357,000

3.5%

2.0%

4744

MORANBAH

$300

CANNONVALE

$435,000

-3.3%

$449,000

0.9%

-1.4%

4745

DYSART

$150

N.A.

JUBILEE POCKET

N/A

$398,250

N/A

-6.5%

4746

GERMAN CREEK

$225

PROSERPINE

N/A

$285,000

-14.3%

-17.7%

WHITSUNDEY REGIONAL

$260

159

$300

167

4800

ANDROMACHE

$220

$230

4802

AIRLIE BEACH

$290

111

$320

109

4805

BINBEE

$240

$260

SALES MARKET - UNITS & TOWNHOUSES MACKAY (LGA) ~ * f

$365,000

21.3%

$310,000

-0.3%

3.8%

MACKAY ~ * f

N/A

$298,894

-24.7%

6.7%

N.A.

RENTAL MARKET - 3 BED TOWNHOUSES POST

SURROUNDS

CODE

WHITSUNDAY (LGA) ~ * f

$260,000

4.0%

$260,000

-10.3%

-21.2%

AIRLIE BEACH

N/A

$382,000

2.4%

-11.2%

CANNONVALE

$247,750

5.0%

$257,250

2.3%

-15.7%

LAND SALES MARKET - VACANT LAND ANDERGROVE

RURAL VIEW SURROUNDS

60 13

WHITSUNDAY (LGA)

N/A

SEP SEP1414 N/A

N/A

DEC DEC1414 18 N/A

18.3%

$179,000

-3.2%

N/A

$215,000

-2.3%

16.2%

4802

DEC-13 $/WEEK

LOCALITYL

N/A

$160,000

3.9%

0.8%

N/A

7 $163,000 7 5.8%

0.9%

14 3

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

(p)Preliminary. Preliminary.See Seeexplanatory explanatorynotes notesfor forfurther furtherinformation. information. (p) Source:REIQ, REIQ,data dataprovided providedbybyRPRPData. Data. Source:

NEW BONDS

MACKAY REGIONAL

$350

$380

ALEXANDRA

$350

$390

ISAAC REGIONAL

$375

$450

MORANBAH

$400

$500

WHITSUNDEY REGIONAL

$360

AIRLIE BEACH

$360

$375

ROCKHAMPTON & LIVINGSTONE LAND SALES (p) SEP 14

DEC 14

35 5

$500,000+ $350,000+

<$250,000

SEP14 14 SEP 33

$250,000+

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

FRASER UNIT COAST LAND MACKAY SALES (p)SALES (p) 62

NEW BONDS $/WEEK

13 12

CANNONVALE

4740 4744

ROCKHAMPTON & LIVINGSTONE UNIT SALES (p) 26 $203,500LAND -1.2% $207,000 -1.0% TOOWOOMBA SALES (p)

MACKAY (LGA) *

00+ 000+

RENTAL MARKET - 3 BED HOUSES

SALES MARKET - HOUSES

$350,000+

MACKAY LAND SALES (p)

DEC14 14 DEC

SEP 14

DEC 14

18 6

00+ 000+

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

(p)Preliminary. Preliminary.See Seeexplanatory explanatorynotes notesfor forfurther furtherinformation. information. (p) Source:REIQ, REIQ,data dataprovided providedby byRP RPData. Data. Source:

5 1

$350,000+ $500,000+

<$250,000

DEC 1414 DEC

$250,000+

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

TOWNSVILLE BUNDABERGUNIT LANDSALES SALES(p) (p) SEP 1414 SEP

$350,000+

TOWNSVILLE LAND SALES (p) 106

SEP 14

DEC 14 DECEMBER QUARTER 2014

22 47

1m+

14 REGIONAL MARKET<$350,000 UPDATES

$350,000+

$500,000+

TOWNSVILLE

SEP 14 UNITDEC 14 (p) FRASER COAST SALES

1m+

+ (p)

182 Townsville remained a buyers’ in the SEP 14 market DEC 14 TOOWOOMBA LAND SALES (p)December 159 quarter, with21subdued sales activity reflecting the city’s SEP 14 DEC 14 19 challenging60economic conditions. Following a period of 16 uncertainty in the lead-up to the State Election, hopes are 12 building that an economic recovery will take root on the 39 33 6 stadium and a back of new infrastructure including 6a new 9 7 27 proposed $450 million regional jobs package. 0 1 <$350,000

$350,000+

$500,000+

4 3 information. 2Townsville’s Preliminary. See explanatory for further In the(p) three months tonotes December, residential 0 <$250,000 $250,000+ $350,000+ $500,000+ Source: REIQ, data provided by RP Data. (p) Preliminary. See explanatory notes for further information. property market saw falling transactions despite a strong Source: REIQ, data provided by RP Data. $250,000+ <$250,000 $350,000+ GLADSTONE HOUSE SALES (p) September quarter. House, unit and vacant land sales all (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. SALES SEP 14 UNITDEC 14 (p) but local recorded a drop duringBUNDABERG the December quarter SEP 14 DEC 14 agents say this the time of year. 59LAND FRASER for COAST SALES (p) 19 is typical

48 16 51

46 65

1m+

47 14 trends in terms SEPencouraging 14 DEC However, there were come 62 of median house sale prices in the December quarter. 10 10 Median unit sales strongly amid 44 prices also bounced back 7 14 10 indications the local market could be 4turning the corner.

HOUSE MARKET $350,000+

$500,000+

3 2 $350,000+ 1 While(p)the Townsville market appeared0to have <$250,000 $250,000+ $500,000+ Preliminary. See explanatoryhouse notes for further information. Source: REIQ, data provided by RP Data. (p) Preliminary. See explanatory notes for further information. turned a corner in the September quarter, there was Source: REIQ, data provided by RP Data. $250,000+ <$250,000 $350,000+ a decrease inexplanatory sales notes activity ininformation. the three months to (p) Preliminary. See for further Source: REIQ, data provided by RP Data. GLADSTONE UNIT SALES (p) December. During this period the volume of house sales SEP 14 DEC 14 was down six per cent and, however this was BUNDABERG LAND SALES (p) not reflected 11 in the median sale price.SEP 14 DEC 14

In the three49months to December, the median sale price 6 rose by 3.7 per cent on the back of increased transactions 5 4 29 price bracket. This 4helped to in the $500,000-plus 3 3 offset a decline in sales numbers in the sub-$500,000 house market. According to local agents most buyers still0sit 2 0 $350,000+ 0 under the $500,000 which is confirmed0 $500,000+ by the <$250,000 mark, $250,000+ (p) Preliminary. See explanatory notes for further information. REIQ’s price point data. <$250,000 $250,000+ $350,000+ Source: REIQ, data provided by RP Data.

(p) Preliminary. See explanatory notes for further information. Average days on market Source: REIQ, data provided by RP Data. remained relatively steady at 90 days compared to three months ago, with average vendor GLADSTONE LAND SALES (p) discounting recording a slight rise to 7.7 per cent.

UNIT MARKET

SEP 14

DEC 14

The previous quarter saw stronger activity and quicker <$250,000 $350,000+ selling times, but there was$250,000+ a reversal of this trend in the (p) Preliminary. See explanatory notes for further information. three months to December. During this period, unit sales Source: REIQ, data provided by RP Data. were down 13 per cent – however they increased by five per cent compared to 12 months earlier. And in another encouraging sign, the median unit price rose by an impressive 15.2 per cent in the December quarter. This is confirmed by REIQ price point data, which shows a healthy spike in $350,000-plus unit sales and declining transactions at the lower end of the market.

32 QUEENSLAND MARKET MONITOR

$500,000+

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

$500,000+

SALES (p)

SEP 14

DEC 14

33 SEP 183 14

DEC 14 165

MACKAY UNIT SALES (p) 255 ROCKHAMPTON LIVINGSTONE SEP&14 DEC 14 LAND SALES (p) 222 77 18 6 35

<$350,000

49 7

$350,000+

0 0 $500,000+

(p) Preliminary. See explanatory notes for further information. <$250,000 $250,000+ Source: REIQ, data provided by RP Data. CAIRNS & DOUGLAS HOUSE SALES (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided byTOWNSVILLE RP Data. SEP 14 UNITDEC 14 (p) SALES

55 208 28 161 39

$500,000+

(p) Preliminary. See explanatory notes for further 5 information. 4 Source: REIQ, data provided by RP$250,000+ Data. <$250,000 $350,000+

$350,000+ (p)

265 DEC 14 SEP 14 MACKAY LAND SALES (p) 40

SEP 14

214 DEC 14

14 17

<$350,000

103 20

$350,000+

1 (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. CAIRNS & DOUGLAS UNIT SALES SEP 14

11 $500,000+ 3

2 $500,000+

$350,000+

(p)

DEC 14

TOWNSVILLE LAND SALES (p)

222

205 106

SEP 14

DEC 14

83 81

<$250,000

$250,000+

33 32

19 23

6 $350,000+

4 2 $500,000+

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

$350,000+

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

CAIRNS & DOUGLAS LAND SALES (p)

RENTAL MARKET

Unit and townhouse sales in Townsville declined in the 14 three months to December, however local agents remain confident about the longer term prospects of this sector of the real estate market. 2 1

$350,000+

<$350,000

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

LAND

117

SEP 14

DEC 14

69 market remained relatively stable as Townsville’s rental at the end of December, with the vacancy rate improving slightly to 4.7 per cent. Local agents report a continued 16 over supply, with unemployment 11levels being the main 4 3 contributing factor to tenant demand. <$250,000 $250,000+ $350,000+ However, ABS figures indicate that Townsville’s economy (p) Preliminary. See explanatory notes for further information. may be turning a corner. After peaking at 10.5 per cent in Source: REIQ, data provided by RP Data. June last year, Townsville’s unemployment rate has slowly come back down and over December 2014 sat at seven per cent.

Average time on market for Townsville vacancies are said to be around two to four weeks, with an average of approximately two applicants per listing. According to the RTA, median weekly rents in Townsville saw some increases to the end of December, with two bedroom flats recording the highest increase, up $15 to $280 per week.

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)

479

$352,500

3.7%

$355,928

-1.1%

-2.5%

TOWNSVILLE (LGA)

$167,000

3.2%

$163,000

-0.8%

TOWNSVILLE (LGA) ^

$430,000

-3.4%

$436,250

3.5%

3.9%

TOWNSVILLE (LGA) ^

N/A

$205,500

5.4%

-0.5% 2.0%

AITKENVALE

N/A

$305,000

-4.7%

-8.2%

BOHLE PLAINS

N/A

$160,500

-2.7%

-5.6%

ALICE RIVER ^

N/A

$470,000

0.4%

2.2%

BURDELL

$169,300

5.2%

$159,600

4.2%

-11.3%

ANNANDALE

$423,000

0.7%

$425,000

-0.3%

-3.7%

BUSHLAND BEACH *

N/A

$150,500

-8.8%

1.0%

BOHLE PLAINS

$423,500

N/A

$430,000

0.0%

-2.3%

DEERAGUN

N/A

$167,900

-0.6%

12.3%

BURDELL

$423,750

3.0%

$445,000

4.7%

23.2%

KELSO

N/A

$135,900

-6.3%

-5.0%

BUSHLAND BEACH

$422,500

0.7%

$420,000

1.2%

2.4%

KIRWAN

N/A

$185,725

N/A

CONDON

$297,500

7.2%

$291,000

-1.4%

-11.3%

MOUNT LOUISA

$185,000

N/A

$185,000

6.0%

12.1%

CRANBROOK

$290,000

0.0%

$290,000

-4.1%

-9.4%

MOUNT LOW

$161,000

-2.4%

$162,000

1.3%

1.9%

CURRAJONG

N/A

$300,000

4.0%

-7.0%

OONOONBA

$180,750

N/A

$160,000

10.9%

N/A

SHAW

N/A

$154,000

-8.0%

N/A

DEERAGUN

N/A

$311,250

-4.2%

-7.1%

DOUGLAS

$395,000

-1.3%

$396,500

0.4%

-2.5%

GARBUTT

N/A

$280,750

-6.4%

N/A

GULLIVER

N/A

$302,000

2.4%

0.7%

HEATLEY

N/A

$277,250

-3.6%

-9.1%

POST

HERMIT PARK

$354,750

N/A

$360,000

-5.0%

1.4%

CODE

IDALIA

$525,000

3.4%

$510,000

12.1%

5.4%

KELSO ~

$335,574

22.0%

$300,000

2.5%

-5.7%

KELSO ^

N/A

$480,000

-1.1%

KIRWAN

$345,000

3.4%

$346,000

MOUNT LOUISA

$365,000

-2.7%

MUNDINGBURRA

N/A

NORTH WARD

OONOONBA

RENTAL MARKET - 3 BED HOUSES DEC-14 LOCALITYL

$/WEEK

DEC-13

NEW BONDS $/WEEK

NEW BONDS

TOWNSVILLE CITY

$320

707

$340

708

4810

BELGIAN GARDENS

$350

9.1%

4811

IDALIA

$320

-1.1%

-7.7%

4812

CURRAJONG

$330

$375,000

-9.4%

-3.8%

4814

AITKENVALE

$330

208

$340

205

N/A

$380,000

2.7%

4815

CONDON

$300

$315

135

$605,000

N/A

$515,000

-18.3%

-5.9%

4816

ALLIGATOR CREEK

$300

$335

N/A

$300,000

N/A

4817

KIRWAN

$330

120

$360

103

RAILWAY ESTATE

$345,000

6.2%

$327,500

-1.7%

-4.2%

4818

DEERAGUN

$320

104

$340

RANGEWOOD ^

$476,000

N/A

4819

MAGNETIC IS

$280

$320

RASMUSSEN

$269,000

0.7%

$277,000

-10.2%

-8.1%

BURDEKIN SHIRE

$270

$260

SHAW

N/A

$430,875

3.8%

N/A

4806

ARKENDEITH

$260

$255

SOUTH TOWNSVILLE

N/A

$350,000

5.3%

-7.9%

4807

AIRVILLE

$275

$260

THURINGOWA CENTRAL

N/A

$314,000

-0.3%

-7.6%

4808

BRANDON

$270

$230

VINCENT

N/A

$267,750

-0.3%

-9.2%

CHARTERS TOWERS REGIONAL

$250

$280

WEST END

$380,000

6.0%

$365,000

-6.9%

-1.4%

RICHMOND HILL

$250

$280

WULGURU

N/A

$295,000

-7.8%

-8.2%

HINCHINBROOK SHIRE

$240

$250

ABERGOWRIE

$240

$250

4820 4850

SURROUNDS BURDEKIN (LGA) ~

$185,000

-14.9%

$206,000

3.0%

-9.8%

AYR

N/A

$245,000

-1.0%

4.3%

HOME HILL

N/A

$170,000

6.9%

-24.4%

RENTAL MARKET - 2 BED UNITS TOWNSVILLE CITY

$280

735

$280

648

4810

BELGIAN GARDENS

$290

341

$300

311

CHARTERS TOWERS (LGA)

$192,500

N/A

$198,000

4.8%

-12.0%

4811

IDALIA

$310

$320

CHARTERS TOWERS CITY

N/A

$167,000

-16.5%

-17.5%

4812

CURRAJONG

$250

133

$260

174

4814

AITKENVALE

$280

101

$270

HINCHINBROOK (LGA)

$250,000

N/A

$230,000

-2.1%

-11.2%

4815

CONDON

$282

$260

INGHAM

N/A

$240,000

0.0%

1.1%

4817

KIRWAN

$260

$265

4818

DEERAGUN

$239

N.A.

4819

MAGNETIC IS

$220

$320

BURDEKIN SHIRE

$210

SALES MARKET - UNITS & TOWNHOUSES TOWNSVILLE (LGA) ~

105

$290,000

15.2%

$270,000

-6.6%

-16.9%

4806

ARKENDEITH

$185

$200

CRANBROOK t

N/A

$229,500

N/A

4807

AIRVILLE

$220

$210

DOUGLAS

N/A

$290,000

N/A

-7.1%

CHARTERS TOWERS REGIONAL

N/A

$165

HERMIT PARK ~

N/A

$165,000

N/A

-26.7%

RICHMOND HILL

$220

$165

IDALIA

N/A

$365,000

2.8%

N/A

HINCHINBROOK SHIRE

N/A

$190

NORTH WARD ~ f

$450,000

85.2%

$292,500

-7.9%

-20.9%

ABERGOWRIE

$180

$190

ROSSLEA

N/A

$227,000

0.0%

-15.9%

SOUTH TOWNSVILLE ~ f

$605,000

N/A

$486,808

37.6%

38.1%

TOWNSVILLE CITY ~

$350,000

11.1%

$355,000

-6.6%

-31.0%

WEST END ~

N/A

$215,000

12.3%

-33.8%

4820 4850

RENTAL MARKET - 2 BED TOWNHOUSES POST CODE

DEC-14 LOCALITYL

$/WEEK

DEC-13

NEW BONDS $/WEEK

NEW BONDS

TOWNSVILLE CITY

$270

$280

4810

BELGIAN GARDENS

$260

$310

4812

CURRAJONG

$270

$280

4814

AITKENVALE

$270

$240

DECEMBER QUARTER 2014

+14 3

$1m+

p) 000+

46 65

000+

)

0 $500,000+

$350,000+

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

3 $250,000+ Source: REIQ,<$250,000 data provided by RP Data.

CAIRNS <$250,000

$250,000+

(p) Preliminary. See explanatory notes for further information.DEC 14 SEP 14 UNIT SALES Source: REIQ, data provided by RPBUNDABERG Data.

4 $500,000+ 0

2$350,000+

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

SEP 14

1m+ 4

27 <$350,000

(p)$350,000+ (p)

DEC 14

Cairns continues to FRASER be oneCOAST of 59 Queensland’s strongest 19 LAND SALES (p) 48 16 51 47 performing residential realSEP estate markets, with hopes 14 DEC 14 growing that 62 2015 could be one of the city’s best years yet. Despite lower house and 10 unit10sales volumes in the three 44 14 7 10 months to December - driven largely by seasonal factors 4 - local agents are reporting the market has bounced back 2 0 strongly in the<$350,000 first two months of the year. $500,000+ $350,000+ (p) Preliminary. See explanatory notes for further 3 information. 2$350,000+ <$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.

1 0 $500,000+ house sale

With little movement in median unit and prices in the <$250,000 three months to$250,000+ December, there’s a growing $350,000+ (p) Preliminary. See explanatory notes for furthernevertheless information. expectation that Cairns could achieve double Source: REIQ, data provided by RPGLADSTONE Data. (p) digit price growth in both sectorsUNIT thisSALES calendar year. SEP 14

9 $1m+

000+

11 Important commercial development projects such as the 14 DEC and 14 the proposed Redlynch Shopping CentreSEPexpansion 49 $200 million seven-tower residential project on Spence 6 5 Street are generating more confidence in the local economy 4 4 3 3 29 more reasons to look to Far North and giving investors Queensland. 0

While some<$250,000 uncertainty$250,000+ surrounds fate of the proposed 2 0the 0 $500,000+ 0 $350,000+ Aquis(p)development, there’s a new-found sense of Preliminary. See explanatory notes for further information. Source: REIQ, <$250,000 provided by RP Data. $250,000+ $350,000+ confidence indata the local economy and its real estate market. (p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data.

HOUSE MARKET

)

000+

The percentage of houses selling at a profit is on a strong upward trajectory, confirming1 the 2confidence1that’s 0 building in the local market. In the December quarter, 88 <$250,000 $250,000+ per cent of houses made a profit on re-sale, $350,000+ up from 78 per (p) Preliminary. See explanatory notes for further information. cent Source: 12 months earlier. REIQ, data provided by RP Data. Average days on market continue to trend down, with properties selling 22 days quicker than 12 months ago, while average vendor discounting was steady in the December quarter at 5.7 per cent. UNIT MARKET

Cairns unit sales also fell 14 per cent in the December quarter, however the median sale priced recorded a much smaller fall of just one per cent. The increase in $500,000plus unit transactions contributed to this result, however the vast majority of transactions occurred below $250,000. Local agents report owner-occupiers are more active than investors in the local unit market, with many chasing properties with low body corporate fees. The $250,000to-$350,000 remains healthy, with further prospects for growth in 2015.

34 QUEENSLAND MARKET MONITOR

$350,000+

$500,000+

<$250,000

$250,000+

SALES (p)

(p) Preliminary. See explanatory notes for further information. SEP 14 DEC 14 TOWNSVILLE UNIT SALES Source: REIQ, data provided by RP Data.

265 SEP 14

$350,000+

(p)

DEC 14

MACKAY LAND SALES (p) 214

55 208

28 39161

SEP 14 40

DEC 14

<$350,000

103

14 17

$350,000+ 6

$500,000+

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

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

222

0 0 $500,000+

$350,000+

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

SEP 14

DEC 14

SEP 14

DEC 14

2 $500,000+

$350,000+

SALES (p)

TOWNSVILLE LAND SALES (p)

205

106 83

<$250,000

6 $250,000+

33 32

19 23

6$350,000+

4$500,000+ 2

(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 by RP Data.

GLADSTONE LAND SALES (p)

Cairns house sales declined 14 per cent in the three 14 recorded DEC 14 a one per cent rise months to December, butSEP still 20 compared to 12 months earlier. The median sale price recorded a 2.914per cent rise in the December quarter, contributing to a 5.8 per cent rise over 2014.

(p) Preliminary. See explanatory notes for further information. Source: REIQ, data provided by RP Data. 5 4

DEC 14

BUNDABERG LAND SALES (p)

6 35

<$350,000

CAIRNS & DOUGLAS LAND SALES (p) SEP 14 81

DEC 14

<$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, the vacancy rate also remained below 2.5 per cent at the end of December, but it was up 0.4 percentage points since the end of September. According to local agents, houses continue to be the most preferred investment type, with investors being quite active in the region. Tenant demand is also reportedly strong with rentals on average spending 1 to 2 weeks on the market, with 2 to 5 applicants per listing. Median weekly rents from the RTA, remain relatively stable in Cairns, however some increases were recorded in nearby Douglas, with three bedroom houses recording an increase of $20 to $350 per week.

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)

471

$390,000

2.9%

$385,000

5.8%

6.9%

PARRAMATTA PARK ~

N/A

$258,000

30.6%

2.6%

CAIRNS (LGA) ^ ~

$537,500

-8.2%

$578,000

5.1%

-2.9%

REDLYNCH

N/A

$238,100

N/A

3.5%

BAYVIEW HEIGHTS ~

$448,500

16.0%

$390,000

6.8%

8.3%

TRINITY BEACH ~ f

$195,000

-26.4%

$245,000

13.4%

-21.0%

BENTLEY PARK

$366,500

5.6%

$352,000

9.3%

5.1%

WESTCOURT ~

$148,500

-48.8%

$220,000

20.7%

-31.4%

BRINSMEAD

$445,000

1.7%

$425,000

11.4%

6.3%

WOREE ~

$137,500

N/A

$120,000

0.0%

-25.0%

BUNGALOW

N/A

$355,000

36.5%

19.1%

YORKEYS KNOB

N/A

$220,000

1.1%

3.8%

CAIRNS NORTH

N/A

$420,000

0.0%

N/A

CLIFTON BEACH

$527,500

4.7%

$520,000

7.2%

7.8%

SURROUNDS

EARLVILLE

$351,000

-4.4%

$350,500

9.5%

2.8%

DOUGLAS (LGA) ~

$181,000

-7.4%

$230,000

3.6%

-6.7%

EDGE HILL ~

$539,500

28.5%

$500,000

21.2%

20.2%

PORT DOUGLAS

$181,000

-5.2%

$223,500

1.6%

-10.6%

15.4%

EDMONTON

$335,000

-2.9%

$340,000

7.9%

1.5%

FRESHWATER

N/A

$460,000

N/A

1.1%

SALES MARKET - VACANT LAND

GORDONVALE ~

$260,000

-14.1%

$302,750

-2.3%

-0.4%

HOLLOWAYS BEACH

N/A

$385,000

7.8%

8.5%

CAIRNS (LGA)

$207,000

1.7%

$195,000

8.3%

KANIMBLA

N/A

$450,000

1.7%

0.0%

CAIRNS (LGA) ^

N/A

$225,000

-6.3%

-20.4%

KEWARRA BEACH

$415,000

-1.2%

$424,000

3.4%

BENTLEY PARK

N/A

$154,500

6.6%

MANOORA ~

$297,500

17.8%

$270,000

1.5%

-8.5%

EDMONTON *

N/A

$135,800

8.6%

9.1%

MANUNDA

$315,000

0.8%

$315,000

1.6%

-4.5%

PALM COVE *

N/A

$261,000

2.8%

41.1%

MOOROOBOOL ~

$425,000

30.8%

$363,000

17.5%

8.4%

REDLYNCH

$212,000

N/A

$204,000

11.2%

16.6%

MOUNT SHERIDAN

$370,500

9.3%

$360,000

9.1%

7.1%

SMITHFIELD *

$194,500

N/A

$189,250

13.3%

-5.1%

PALM COVE

N/A

$565,000

8.7%

2.8%

TRINITY BEACH

N/A

$177,000

4.1%

-1.7%

PARRAMATTA PARK

$405,000

3.3%

$385,000

7.7%

-1.6%

TRINITY PARK *

N/A

$220,000

11.2%

30.2%

$89,000

N/A

$90,000

-4.3%

-25.0%

REDLYNCH

$450,000

3.4%

$450,000

9.8%

SMITHFIELD

$449,500

9.6%

$405,000

8.0%

6.9%

SURROUNDS

TRINITY BEACH

$477,500

-6.2%

$470,000

13.3%

17.5%

CASSOWARY COAST (LGA)

TRINITY PARK

N/A

$430,000

11.3%

14.7%

WESTCOURT

N/A

$347,500

9.2%

8.9%

DOUGLAS (LGA)

N/A

$149,000

19.2%

10.4%

WHITE ROCK ~

$298,000

-8.3%

$298,000

8.6%

7.2%

ROCKY POINT *

N/A

$162,000

N/A

WHITFIELD

$573,500

-2.0%

$535,500

16.4%

24.5%

WOREE

$276,250

N/A

$318,000

13.6%

3.2%

MAREEBA (LGA)

N/A

$87,750

3.2%

N/A

MAREEBA

N/A

$89,500

5.3%

-10.5%

SURROUNDS CASSOWARY COAST (LGA)

$245,000

0.2%

$237,000

-1.3%

-8.5%

TABLELANDS (LGA)

N/A

$101,000

1.0%

-15.1%

CASSOWARY COAST (LGA) ^

$284,000

N/A

$305,000

-11.6%

-12.9%

ATHERTON ~

N/A

$100,000

-2.4%

-16.7%

DOUGLAS (LGA) ~

$399,000

22.8%

$375,000

0.0%

-1.8%

DOUGLAS (LGA) ^

N/A

MOSSMAN

N/A

$285,000

N/A

-8.1%

POST

PORT DOUGLAS

N/A

$520,000

19.0%

3.0%

CODE

WONGA

N/A

$286,250

N/A

RENTAL MARKET - 3 BED HOUSES DEC-14 LOCALITYL

$/WEEK

DEC-13

NEW BONDS $/WEEK

NEW BONDS

CAIRNS REGIONAL (NEW)

$360

441

$340

502

4865

GOLDSBOROUGH

$325

$310

MAREEBA (LGA) ~

$250,000

-10.7%

$275,000

12.7%

9.6%

4868

BAYVIEW HEIGHTS

$350

$340

MAREEBA (LGA) ^

$402,500

-3.9%

$415,000

-1.0%

-1.2%

4869

BENTLEY PARK

$335

$320

KURANDA ^

$430,000

N/A

$430,000

-3.1%

-6.5%

4870

AEROGLEN

$370

159

$350

170

MAREEBA

$273,500

-2.3%

$280,000

16.7%

5.1%

4878

BARRON

$360

$340

MAREEBA ^

N/A

$425,000

7.6%

N/A

4879

BUCHAN POINT

$390

$380

DOUGLAS SHIRE (NEW)

$350

N.A.

TABLELANDS (LGA) ~

$297,000

7.0%

$285,000

0.5%

-6.8%

4873

BAILEY CREEK

$300

$290

TABLELANDS (LGA) ^ ~

$413,500

34.5%

$392,500

10.6%

3.7%

4877

CRAIGLIE

$475

$425

ATHERTON

$307,500

9.8%

$310,000

0.8%

-8.8%

CASSOWARY COAST REGIONAL

$280

109

$290

118

MALANDA

N/A

$250,000

N/A

4849

CARDWELL

$280

$320

YUNGABURRA

N/A

$355,000

N/A

4852

BINGIL BAY

$360

$350

4854

BILYANA

$280

$275

4860

BAMBOO CREEK

$260

TABLELANDS REGIONAL (NEW)

$290

$295

137

SALES MARKET - UNITS & TOWNHOUSES CAIRNS (LGA)

283

$208,000

-1.0%

$215,000

3.4%

-17.0%

4872

BARRINE

$260

N.A.

BUNGALOW ~

N/A

$159,500

22.7%

-21.6%

4882

TOLGA

$350

$280

CAIRNS CITY ~ f

$365,000

38.3%

$312,750

-17.7%

-27.3%

4883

ATHERTON

$290

CAIRNS NORTH ~

$225,000

-1.3%

$220,000

2.1%

-24.1%

4884

LAKE BARRINE

$300

$320

CLIFTON BEACH

N/A

$251,000

N/A

-17.7%

4885

BUTCHERS CREEK

$265

$280

EARLVILLE ~

$190,500

N/A

$185,250

-11.8%

N/A

4888

EVELYN

$260

EDGE HILL ~

N/A

$160,000

21.2%

-21.6%

MAREEBA SHIRE (NEW)

$320

N.A.

EDMONTON

N/A

$138,500

N/A

4880

ARRIGA

$310

$300

FRESHWATER

N/A

$250,000

-9.1%

-3.8%

4881

KOAH

$350

$380

HOLLOWAYS BEACH

N/A

$173,000

11.6%

-19.7%

MANOORA ~

$145,000

0.7%

$150,000

0.0%

-23.7%

MANUNDA * t

$154,000

11.2%

$175,575

30.5%

-5.1%

MOOROOBOOL

N/A

$197,750

13.0%

-16.6%

PALM COVE ~

$300,000

7.6%

$276,750

10.7%

-26.2%

DECEMBER QUARTER 2014

REGIONAL MARKET UPDATES

RENTAL MARKET - 2 BED UNITS POST CODE

RENTAL MARKET - 2 BED TOWNHOUSES DEC-14

$/WEEK

LOCALITYL

DEC-13

NEW BONDS $/WEEK

POST

NEW BONDS

CAIRNS REGIONAL (NEW)

$280

771

$280

942

4868

BAYVIEW HEIGHTS

$250

4869

BENTLEY PARK

$260

$215

4870

AEROGLEN

$270

482

4878

BARRON

$270

4879

BUCHAN POINT

CODE

DEC-14 LOCALITYL

$/WEEK

DEC-13

NEW BONDS $/WEEK

NEW BONDS

CAIRNS REGIONAL (NEW)

$260

$250

114

4868

BAYVIEW HEIGHTS

$270

$250

4870

AEROGLEN

$265

$260

$270

538

4878

BARRON

$260

$250

$270

4879

BUCHAN POINT

$290

$285

$300

119

$300

154

DOUGLAS SHIRE (NEW)

$300

N/A

DOUGLAS SHIRE (NEW)

$280

N/A

CRAIGLIE

$300

$290

4873

BAILEY CREEK

$220

$187

4877

CRAIGLIE

$280

$270

CASSOWARY COAST REGIONAL

$200

$220

4849

CARDWELL

$210

$240

4852

BINGIL BAY

$230

$250

4854

BILYANA

$120

$250

4860

BAMBOO CREEK

$190

$195

TABLELANDS REGIONAL (NEW)

$230

ATHERTON

$240

$230

MAREEBA SHIRE (NEW)

$230

N/A

ARRIGA

$250

$225

4883 4880

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

SOUTH WEST BALONNE (LGA)

N/A

ST GEORGE

N/A

$253,000

27.1%

44.6%

MARANOA (LGA) ~

$306,500

10.5%

$287,500

-4.2%

19.8%

ROMA ~

$315,000

10.5%

$307,500

-3.9%

20.6%

MURWEH (LGA)

N/A

CHARLEVILLE

N/A

$118,000

1.6%

-17.5%

CENTRAL WEST LONGREACH (LGA)

N/A

LONGREACH

N/A

$217,500

-13.0%

-7.8%

NORTH WEST MOUNT ISA (LGA)

$360,000

1.4%

$358,000

-5.5%

11.9%

HEALY

N/A

$410,000

-6.8%

12.3%

CODE

DEC-14 LOCALITYL

$/WEEK

4487 4455 4470

BALONNE SHIRE

$240

$250

ST GEORGE

$240

$270

MARANOA REGIONAL

$400

ROMA

$400

MURWEH

$230

CHARLEVILLE

$230

LONGREACH

$270

$275

BRIXTON

$275

$285

MOUNT ISA CITY

$450

$500

ALEXANDRIA

$450

$500

CENTRAL WEST 4730

NORTH WEST 4825

FAR NORTH COOK SHIRE

$300

$280

4871

ALMADEN

$260

$245

4895

BLOOMFIELD

$330

$300

SALES MARKET - VACANT LAND

RENTAL MARKET - 3 BED TOWNHOUSES NORTH WEST

MARANOA (LGA)

N/A

$160,000

N/A

$160,000

0.0%

N/A

36 QUEENSLAND MARKET MONITOR

NEW BONDS

SOUTH WEST

SOUTH WEST ROMA

DEC-13

NEW BONDS $/WEEK

4825

MOUNT ISA CITY

N/A

ALEXANDRIA

$750

$600

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

20,222

6.6%

-5.5%

0.4%

-17

0.6%

IPSWICH

4,457

7.2%

-6.5%

14%

0.7%

-13

0.9%

LOGAN

6,466

7.4%

-5.7%

15%

0.8%

-12

0.6%

MORETON BAY

9,650

7.4%

-5.4%

14%

0.5%

-14

0.8%

REDLAND

3,915

8.4%

-5.7%

0.5%

-14

0.9% 0.8%

TOURISM CENTRES GOLD COAST

10,065

7.9%

-6.0%

0.1%

-14

SUNSHINE COAST

7,367

9.2%

-5.6%

-17%

0.0%

-14

1.2%

FRASER COAST

3,597

9.6%

108

-7.9%

0.3%

-12

-0.1%

CAIRNS

3,077

6.8%

-5.7%

-8%

-0.2%

-22

1.0%

BUNDABERG

2,851

8.4%

-7.9%

0.1%

-1.4%

GLADSTONE

1,710

7.7%

110

-9.9%

-10%

-1.2%

-9

-0.4%

MACKAY

2,707

7.0%

-9.8%

-1%

-0.2%

-2.3%

ROCKHAMPTON

2,258

7.9%

-8.7%

-36%

-0.8%

-1.2%

TOOWOOMBA

4,262

8.5%

-4.6%

0.1%

-13

0.5%

TOWNSVILLE

4,294

7.1%

-7.7%

0.1%

-1

-0.2%

REGIONAL QLD

Figures are for the 12 months ending November 2014

Average Days On Market - HOUSES

Average

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

Source:

140 2013*

160

2014*

140

120

2013*

2014*

120

100

60 40

0.0%

-2.0%

-4.0%

-6.0%

-8.0%

Logan

Ipswich

Brisbane

0 Brisbane SD

Townsville

Toowoomba

Mackay

Rockhampton

Gladstone

Fraser Coast

Cairns

Bundaberg

Gold Coast

Redland

Moreton Bay

Logan

Ipswich

Brisbane

Brisbane SD

Sunshine…

-10.0%

-10.0% 2013*

2014*

2013*

2014*

-12.0%

Average

Average Vendor Discounting - HOUSES

DECEMBER QUARTER 2014

ON THE MARKET INDICATORS

UNITS & TOWNHOUSES 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

8,789

6.5%

-4.7%

14%

0.4%

-21

IPSWICH

464

10.4%

110

-7.2%

-0.0%

-33

0.3%

LOGAN

1,461

10.5%

-6.2%

16%

0.9%

-15

1.6%

MORETON BAY

2,018

9.3%

-5.7%

25%

1.3%

-16

1.2%

628

9.1%

-5.2%

-0.3%

-30

0.6%

REDLAND

0.7%

TOURISM CENTRES GOLD COAST

10,996

9.1%

-6.6%

0.3%

-15

1.4%

SUNSHINE COAST

3,709

9.6%

105

-6.4%

-19%

-0.4%

-10

0.9%

CAIRNS

1,845

8.3%

-7.2%

-14%

0.1%

-23

0.8%

541

11.6%

104

-6.2%

0.6%

-38

2.1%

BUNDABERG

400

11.0%

143

-8.5%

17%

1.3%

-2.0%

GLADSTONE

250

6.6%

130

-13.5%

-20%

-2.7%

-10

-2.4%

MACKAY

457

7.2%

137

-14.0%

-0.6%

-5.3%

ROCKHAMPTON

160

7.2%

119

-8.0%

-59%

-3.8%

-1.8%

TOOWOOMBA

567

8.3%

-4.4%

0.0%

-9

0.3%

TOWNSVILLE

1,217

10.0%

123

-9.8%

-0.4%

-2

0.1%

FRASER COAST REGIONAL QLD

Figures are for the 12 months ending November 2014

HOUSES

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

P Data 160 140

2013*

2014*

120 100 80 60 40

-2.0% -4.0% -6.0% -8.0% -10.0% 2013*

2014*

-12.0%

- HOUSES

38 QUEENSLAND MARKET MONITOR

Average Vendor Discounting - UNITS

Townsville

Toowoomba

Rockhampton

Mackay

Gladstone

Cairns

Fraser Coast

Bundaberg

Redland

Gold Coast

Logan

Sunshine Coast

0.0%

Moreton Bay

Ipswich

Brisbane

0 Brisbane SD

Townsville

Toowoomba

Rockhampton

Mackay

Gladstone

Fraser Coast

RENTAL MARKET INDICATORS

RENTAL MARKET INDICATORS GROSS YIELDS QUARTER:

HOUSES DEC-14

UNITS

SEP-14

DEC-14

SEP-14

GREATER BRISBANE

RESIDENTIAL VACANCY RATES AS AT END OF:

DEC-14

SEP-14

TREND

STATUS

GREATER BRISBANE 3.7%

5.0%

BRISBANE SD

2.3%

2.0%

TIGHT

5.2%

5.5%

5.4%

BRISBANE CITY

2.9%

2.3%

HEALTHY

LOGAN CITY

5.0%

5.2%

5.6%

BRISBANE INNER

3.8%

2.9%

WEAK

MORETON BAY

4.5%

4.6%

4.7%

4.4%

BRISBANE BALANCE

2.4%

2.0%

TIGHT

REDLAND CITY

4.2%

5.2%

4.8%

BRISBANE SURROUNDS

1.6%

1.7%

STEADY

TIGHT

IPSWICH CITY

2.5%

1.6%

HEALTHY

TOURISM CENTRES GOLD COAST CITY

4.4%

4.5%

5.5%

LOGAN CITY

2.0%

1.5%

TIGHT

SUNSHINE COAST

4.4%

4.8%

4.9%

MORETON BAY

1.2%

1.8%

DOWN

TIGHT

NOOSA

4.3%

4.2%

5.2%

4.7%

CABOOLTURE

1.2%

1.6%

DOWN

TIGHT

CAIRNS

4.8%

7.0%

6.9%

PINE RIVERS

1.0%

1.9%

DOWN

TIGHT TIGHT

FRASER COAST

5.2%

5.1%

4.7%

5.1%

BUNDABERG

5.4%

5.5%

4.4%

5.1%

GLADSTONE

4.4%

5.6%

3.5%

MACKAY

4.5%

4.6%

3.5%

4.3%

REDCLIFFE

1.8%

2.1%

DOWN

REDLAND CITY

0.8%

1.8%

DOWN

TIGHT

MAINLAND

0.9%

1.9%

DOWN

TIGHT

BAY ISLANDS

0.4%

0.9%

DOWN

TIGHT

TOURISM CENTRES

5.2%

5.1%

3.4%

2.9%

GOLD COAST CITY

2.2%

1.9%

TIGHT

4.6%

4.8%

4.5%

SUNSHINE COAST REGION

1.1%

STEADY

TIGHT

TOWNSVILLE CITY

4.7%

4.9%

5.0%

5.5%

1.1%

1.0%

STEADY

TIGHT

CALOUNDRA COAST

0.6%

1.2%

DOWN

TIGHT

MAROOCHY COAST

0.7%

1.0%

DOWN

TIGHT

HINTERLAND*

1.9%

0.8%

TIGHT

1.1%

1.2%

STEADY

TIGHT

OTHER REGIONAL AREAS BANANA

6.6%

5.7%

N/A

SUNSHINE COAST

BURDEKIN

7.6%

6.5%

N/A

CASSOWARY COAST

5.9%

6.0%

N/A

17.3%

CENTRAL HIGHLANDS

5.7%

4.3%

N/A

FRASER COAST

1.9%

2.1%

DOWN

TIGHT

CHARTERS TOWERS

6.8%

7.0%

N/A

HERVEY BAY

1.6%

1.9%

DOWN

TIGHT

MARYBOROUGH

2.3%

2.4%

STEADY

TIGHT

2.2%

1.8%

TIGHT

NOOSA

DOUGLAS

4.6%

5.3%

8.0%

7.6%

GOONDIWINDI

6.6%

5.9%

N/A

CAIRNS

GYMPIE

5.4%

N/A

4.1%

REGIONAL QLD

HINCHINBROOK

5.0%

N/A

BUNDABERG

4.4%

2.9%

WEAK

ISAAC

8.7%

7.2%

N/A

GLADSTONE

4.2%

4.7%

DOWN

WEAK

LIVINGSTONE

4.3%

5.0%

4.7%

4.6%

MACKAY

10.3%

8.4%

WEAK

LOCKYER VALLEY

6.2%

5.6%

N/A

ROCKHAMPTON

5.2%

4.1%

WEAK

MARANOA

6.8%

7.5%

N/A

TOOWOOMBA

2.3%

1.6%

TIGHT

MAREEBA

6.7%

5.8%

N/A

TOWNSVILLE

4.7%

4.8%

STEADY

WEAK

MOUNT ISA

6.5%

7.0%

N/A

OTHER REGIONAL AREAS TIGHT

SCENIC RIM

4.3%

4.6%

N/A

GYMPIE

1.9%

STEADY

SOMERSET

5.6%

N/A

LIVINGSTONE

5.3%

N/A

WEAK

SOUTH BURNETT

5.8%

6.0%

N/A

MOUNT ISA

9.9%

N/A

WEAK WEAK

SOUTHERN DOWNS

5.6%

5.5%

N/A

SOUTH BURNETT

6.2%

N/A

TABLELANDS

5.1%

5.4%

N/A

SOUTHERN DOWNS

4.0%

4.1%

STEADY

WEAK

WESTERN DOWNS

6.1%

5.6%

N/A

WHITSUNDAY

8.9%

6.2%

WEAK

WHITSUNDAY

4.4%

4.5%

5.2%

5.8%

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

ROCKHAMPTON TOOWOOMBA

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

REGIONAL/RESOURCE AREAS

STEADY = +/- 0.2% TIGHT <2.5%

3.6% 4.9%

VACANCY TREND: MARKET STATUS:

BRISBANE CITY IPSWICH CITY

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) 2015. Based on data provided with the permission of the Department of Natural Resources and Mines: [QVAS 2015]. 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: 12 February 2015 Published date: 9 March 2015 Ph: (07) 3249 7347 Fax: (07) 3249 6211 Email: research@reiq.com.au

DECEMBER QUARTER 2014

I WOULD LIKE TO SUBSCRIBE TO

REIQ

QUEENSLAND MARKET MONITOR is a quarterly, electronic publication entirely focused on residential sales and rental research data for regions throughout the State, on a suburb-bysuburb basis. It meets the high standards for accurate data and reliable analysis that you have come to expect from the REIQ. This detailed level of information will enable you to conduct valuable comparisons between various regions and market segments, and to ensure you are completely informed of all the latest market trends and fluctuations. Each edition includes: •

Median sale prices for houses, units/townhouses and land;

•

Median weekly rents for houses and units/townhouses;

•

On the market indicators;

•

Rental market indicators;

•

Useful charts and graphs; and

•

Analytical market commentary.

your state-wide property research guide suburb by suburb

I would like

single issue(s) for $22.95* each

I would like a two-year subscription (8 issues) for $150* I would like a one-year subscription (4 issues) for $80* Please start with or please include the following back issues Title Full Legal name Company name Occupation Street address

Post code

Postal address

Post code

Email Website

Mobile Phone

Return completed form to the REIQ FAX

This is a renewal subscription

This purchase is on behalf of a company

Cheque [please make cheques payable to the REIQ] Visa

MasterCard

Expiry

07 3249 6201 PHONE

Amex (N.B. we cannot accept Diners) Amount

Credit card number

07 3249 7301 EMAIL

research@reiq.com.au POST

PO Box 1555 Coorparoo DC QLD 4151

Cardholder’s name

Cardholder’s signature

How did you hear about us? PRIVACY NOTICE: THE REIQ MAY USE YOUR PERSONAL INFORMATION IN ACCORDANCE WITH ITS PRIVACY POLICY WHICH CAN BE VIEWED AT WWW.REIQ.COM/PRIVACY ALTERNATIVELY, YOU MAY REQUEST A COPY BY: MAIL: PO BOX 1555, COORPAROO DC QLD 4151 EMAIL:PRIVACY@REIQ.COM.AU PHONE: (07) 3249 7347 I ACKNOWLEDGE THAT I HAVE READ AND UNDERSTOOD THE REIQ’S PRIVACY POLICY

OFFICAL USE ONLY

INV

AUTH

*all prices include GST

DATE

REGIONAL MARKET UPDATES

DECEMBER QUARTER 2014