South East Queensland Hotspots 2nd half 2015

Transcription

PROPERTY
HOTSPOTS
PROPERTY
WATCH®
REPORT
Surfers Paradise
SOUTH GOLD
EASTCOAST
QUEENSLAND
Fourth Quarter 2013
2ND HALF 2015
HOTSPOTS OVERVIEW
This South East Queensland hotspot report analyses all suburbs within
the Brisbane City Council , Sunshine Coast, Moreton Bay, Ipswich,
Logan, Redland, and Gold Coast City Council domain, to highlight those
with above average growth over the past 12 months to 2015. Two key
indicators are utilised:
Firstly median price growth and transaction level of house and unit
between 2014 and 2015. Overall South East Queensland median house
price has increased with Gold Coast City local government area leading
the growth. Higher house median price are recorded despite of slower
median growth rate compared to 2014. This suggests that the housing
market continue to perform, hinting at potential rise in future demand.
Secondly the aggregate estimated value of residential, commercial, and
infrastructure project developments to commence construction in 2016
onwards. This is important as it indicates upcoming property supply,
connectivity between to the CBD and other economic hubs, and level of
Overview
economic activity expected in the area.
12 MONTHS MARKET COMPARISON
LGA
Property
Type
Median
Price 2014
Median
Price
2015**
Annual
Growth
Projects 20142016
House
$590,000
$605,000
2.5%
$26.7Billion
KEY MARKET INDICATORS
Brisbane
Change from Last
Unit
$430,000
$430,000
0.0%
House
$497,000
$505,000
1.6%
Unit
$360,000
$355,000
-1.4%
House
$413,000
$415,000
0.5%
Unit
$335,000
$323,000
-3.6%
House
$319,000
$328,000
2.8%
Unit
$300,000
$266,750
-11.1%
House
$375,000
$380,000
1.3%
Unit
$250,000
$228,500
-8.6%
House
$467,000
$486,475
2.1%
Unit
$369,000
$385,000
4.3%
House
$573,000
$600,000
4.7%
Units
$372,000
$365,000
-1.9%
Year
Half
Year
House sales
Sunshine
Coast
$4.0Billion
House median
Moreton
Bay
Ipswich
Logan
Redland
Gold
Coast
House rents
$3.9Billion
Unit sales
$2.8Billion
Unit median
DrUnit
Diaswati
rents Mardiasmo
PRDnationwide National Research Manager
$1.9Billion
$967.7Million
$13.6Billion
“South East Queensland, is
dubbed as the next golden
triangle of property, due to its
steady growth and high level
of project development in the
near future. It is a place to
watch
and quickly take action”
Heading
*Disclaimer: Project Development spending is based on aggregate of estimated land and construction value for residential, commercial, and infrastructure construction
commencing between 2014 and 2015; and for 2016. Gold Coast figures are that of Gold Coast City LGA only and does not include Albert Shire
**Note: Median Price for 2015 captures sales up to and inclusive of 31 st July 2015
Source: APM Pricefinder, Queensland Department of State Development, Infrastructure and Planning, Cordell Database, Rental Tenancy Authority of Quensland, Real
Estate Institute of Queensland
SEQ MEDIAN HOUSE PRICE LGA MAP 2015
LEGEND
DATA NOT AVAILABLE
< $400,000
$400,000 - $600,000
$600,000 - $800,000
$800,000 - $1,000,000
> $1,000,000
MOST EXPENSIVE SUBURBS
Suburb
Median
House Price
Rental
Yield
Teneriffe
$1,737,500
2.4%
New Farm
$1,500,000
2.4%
Ascot
$1,496,000
2.6%
MOST AFFORDABLE SUBURBS
*Median price for 2015 captures sales up to and inclusive of 31 st July 2015
**Disclaimer: Project Development spending is based on aggregate of estimated land and construction value
Source: APM Pricefinder, Real Estate Institute of Queensland, Australian Bureau of Statistics, ESRI
Suburb
Median
House Price
Rental
Yield
Russell
Island
$162,500
7.1%
Riverview
$223,750
6.3%
Leichhardt
$228,250
6.4%
BRISBANE
BRISBANE KEY INDICATORS
Change from Last
Year
Half
Year
House sales
House median
House rents
Unit sales
Unit median
Unit rents
Overview
12 MONTHS TOP PERFORMERS
Area
Inner
Suburbs
Northern
Suburbs
Type
Median
Price
2014
Median
Price
2015*
Annual
Growth
Projects
2014 –
2015
Project
2016
Main 2014 - 2015 Projects
House
$768,000
$955,050
24.4%
$204.75M
$196.2M
Shafston Avenue Units ($30.0M),
Vulture Street Mixed Use
Development ($18.0M)
Bowen Hills
Unit
$422,000
$490,000
16.1%
$495.8M
$141.5M
NGR SEQ Stabling Yard Project
($116.0M), RNA Showground
Redevelopment The Yards
Apartments ($100.0M)
Wooloowin
House
$700,000
$880,000
25.7%
$23.9M
$5.5M
Isedale Street Mixed Development
($15.0M), Norman Street Units
($2.5M)
Unit
$405,000
$470,000
16.0%
$20.1M
$12.0M
Rode Road Townhouses ($10.0M),
Keona Road Units ($5.0M)
House
$372,000
$422,500
13.6%
$23.6M
$28.0M
Aveo Durack Independent Living
Units ($7.0M), Blunder Road
Townhouses ($6.5M)
Unit
$420,000
$537,500
28.0%
$191.2M
Bulimba
House
$1.10M
$1.21M
10.5%
$47.2M
$66.7M
Taylor Street Warehouses &
Storage Area ($20.0M), Johnston
Street Unit
Murarrie
Unit
$446,000
$526,750
18.1%
$85.2M
$65.7M
Murarrie Road Warehouse Units
($16.0M), Lytton Road Warehouse
Units & Self Storage Facility
($15.0M)
House
$583,000
$681,500
16.9%
$39.8M
$10.0M
Enoggera Defense Housing
($12.0M), DHA Townhouses
O’Connell Place Enoggera
($10.0M)
Unit
$460,000
$487,500
6.0%
$11.4M
$3.5M
Suburb
Kangaroo
Point
McDowall
South
Suburbs
Durack
Rochedale
Eastern
Suburbs
Western
Suburbs
Enoggera
Gardner Road Units ($75.0M),
Dr$89.5M
Diaswati Mardiasmo
Rochedale Motorway Estate
PRDnationwide National ($50.0M)
Research Manager
Heading
Wesley Hospital Operating
Chasely Avenue Units ($7.2M),
Auchenflower
Theatres Refurbishment ($1.0M)
commencing between 2014 and 2015; and for 2016.
BRISBANE MEDIAN HOUSE PRICE SUBURB MAP 2015
ADELAIDE
CBD
LEGEND
DATA NOT AVAILABLE
< $400,000
$400,000 - $600,000
$600,000 - $800,000
$800,000 - $1,000,000
> $1,000,000
Top 3 Lowest Priced
Suburbs
Median Price
2015*
Project
Development**
Median
Rent
(Q2)
Rental
Yield
Ellen Grove
$247,850
$6.5M
$285
6.8%
Inala
$317,000
$14.8M
$320
5.4%
Darra
$340,000
$3.4M
$340
5.1%
Top 3 Highest Priced
Suburbs
Median Price
2015*
Project
Development**
Median
Rent
(Q2)
Rental
Yield
Teneriffe
$1,737,500
$8.5M
$570
2.4%
New Farm
$1,500,000
$52.1M
$638
2.4%
Ascot
$1,496,000
$9.4M
$575
2.6%
BRISBANE CITY COUNCIL PROPERTY GROWTH
18000
$700,000
16000
Number Of Sales
14000
12000
$400,000
10000
8000
KEY FACTS
6000
KEY FACTS UNIT
15705
12809
12007
12253
11964
Interest in Surfers Paradise property9612
market is recorded at an average
10000
of 4000
49 visits per property,
on par with average regional QLD of 48. Home
7937
loan affordability is widely spread, between $1000-$3000+ per month.
Rental
2000affordability sit within mid-high end of the market at $275-$449
Overview
per week. In 2011 23%
of homes were fully
rented.
1799
1045
1328owned and 37%
0
2011
2012
2013
$300,000
Median Price
Median Rent Price: $495
Suburb Rental Yield: +2.6%
Average Days on Market$600,000
: 47
Bedroom Breakdown:
2 Bed: 17%, 3 Bed: 46%,$500,000
4+ Bed: 38%
$200,000
Suburb8615
Rental Yield: +5.4%
Average Days on Market: 36
5420
Bedroom Breakdown:
$100,000
1 Bed: 32%, 2 Bed: 54%, 3+ Bed: 14%
1625
2014
537
$0
2015
House
Unit
Vacant Land
Median House Price
Median Unit Price
Median Land Price
TOP PROJECTS 2015 BASED ON ESTIMATED VALUE
Estimated
Value
Commence
Date
Completion
Date
$600M
04/05/2015
31/03/2017
$200M
03/12/2015
31/12/2018
$150M
07/09/2015
31/08/2017
$150M
05/10/2015
20/12/2017
$275M
18/06/2015
TBA
Construction of 421 units, retail spaces,
recreation facilities and car park.
$120M
05/10/2015
31/05/2017
Design, construct & commissioning of all
stabling site works & connection works
04/08/2015
$116MHeading
28/03/2017
Project Title
Suburb
Brief Project Description
Barry Parade Mixed
Development Stage 1
Fortitude
Valley
Construction of stage 1 of mixed use
development in 2 towers above central
podium
Gardens Riverside West
End Units
West End
Construction of additional 309 units on
site
Spire Apartments
Brisbane
Skytower Brisbane Stage 2
Brisbane
Boggo Road Urban
Village
Dutton Park
Newstead Central Stages
2&3
Newstead
NGR SEQ Stabling Yard
Project
Bowen Hills
Mixed use development., to include retail
spaces, residential units, recreational
facilities and car parks.
Mixed use tower with retail space,
residential units and recreational facilities
Residential precinct includes 446 unit.
Mixed use precinct includes retail space,
residential buildings, open space
SUNSHINE COAST
Change from Last
Year
Half
Year
House sales
*IMAGE*
6.5cm HIGH
10.6cm WIDE
House median
House rents
Unit sales
Unit median
Unit rents
Overview
Sunshine
Coast
Area
Inner
Suburbs
Northern
Suburbs
Southern
Suburbs
Type
Median
Price
2014
Median
Price
2015
Annual
Growth
Projects
20142015
Projects
2016
Nambour
House
$355,500
$352,000
4.9%
$42.7M
$12.9M
Sunshine Coast Community Care
Units ($10.0M), Fairmeadow Road
Townhouses ($6.5M)
Alexandra
Headland
Unit
$330,000
$346,500
5.0%
$12.0M
$75.5M
Mari Street Mixed Use Development
($8.0M), Mandarin Street Apartments
($2.5M)
Eumundi
House
$512,500
$557,500
8.8%
$10.6M
$10.0M
Eumundi Hamlets Retirement Village
($10.0M), Bruce Highway
Beerburrum – Eumundi Pier
Protection Project ($512,000)
Coolum Beach
House
$500,000
$521,750
4.4%
$35.9M
$33.8M
Coolum Hotel
Redevelopment($8.0M), Ozzy
Cranes Industrial Building ($4.0M)
Little Mountain
House
$495,000
$520,000
5.1%
$53.5M
$11.0M
Little Mountain Community Facility
Stages 1 - 12 ($38.0M), Sunset Drive
Townhouses Stages 1 & 2 ($8.5M)
Unit
$259,000
$281,250
8.6%
$12.8M
Pine Camp Road Subdivision
Dr Diaswati Mardiasmo
$1.8M
($3.4M),
Simpson
Street Manager
Shopping
PRDnationwide
National
Research
Complex ($2.0M)
House
$482,000
$507,500
5.3%
$147M
$15.0M
Kontiki Commercial Development
Stage 2 ($15.0M), Pikki Street Mixed
Marcoola
Unit
$304,500
$359,000
17.9%
$2.0M
$380.0M
Seaside Boulevard Units ($2.0M)
Alexandra
Headland
Unit
$330,000
$346,500
5.0%
$12.1M
$75.5M
Mari Street Mixed Development
($8.0M), Mandin Street Apartments
($2.5M)
House
$490,500
$522,500
6.5%
$4.5M
$282M
Coral Street Units ($1.2M), Blue Care
Erowal Aged Care Facility
Refurbishment ($850,000)
Suburb
Beerwah
Eastern
Suburbs
Western
Suburbs
Maroochydore
Maleny
Heading
SUNSHINE COAST MEDIAN HOUSE PRICE SUBURB MAP 2015
LEGEND
DATA NOT AVAILABLE
< $400,000
$400,000 - $600,000
$600,000 - $800,000
$800,000 - $1,000,000
> $1,000,000
Suburb
Median
House Price
Rental
Yield
Tanawha
$1,017,500
3.5%
Diddillibah
$740,000
3.6%
Mons
$739,000
4.0%
Median
House Price
Rental
Yield
Coes
Creek
$387,509
5.4%
Yandina
$363,500
6.9%
Nambour
$352,000
5.6%
Suburb
SUNSHINE COAST REGIONAL PROPERTY GROWTH
8000
$600,000
7000
Number of Sales
6000
5000
4000
$300,000
KEY FACTS UNIT
6669
3000
5836
KEY FACTS
$200,000
4785
2000
3884
3810at an average
Interest in Surfers
Paradise property market is recorded
2625
of 49 visits per property,
on par with average regional QLD of 48. Home
2285
loan1000
affordability is widely spread, between $1000-$3000+1749
per month.
1091
Rental affordability sit 894
within mid-high end of the market at $275-$449
Overview
0 In 2011 23% of homes were fully owned and 37% rented.
per week.
2011
House
Unit
2012
2013
Vacant Land
4103
2681
$100,000
2162Average Days on Market: 36
1588
Bedroom Breakdown:
578
1 Bed: 32%, 2 Bed: 54%,$0
3+ Bed: 14%
2014
Median House Price
Median Price
Average Days on Market$500,000
: 47
Bedroom Breakdown:
2 Bed: 17%, 3 Bed: 46%,$400,000
4+ Bed: 38%
2015
Median Unit Price
Median Land Price
Project Title
Suburb
Estimated
Value
Commence
Date
Completion
Date
Caloundra South
Commercial Subdivision
Bells Creek
Proposed reconfiguration into 5000 lots and
construction of new roads.
$200M
03/12/2015
30/03/2017
Caloundra South Master
Planned Community
Bells Creek
Proposed development of 150 hectares
commercial business park
$120M
03/12/2015
30/11/2017
Queensland Rail South
East Queensland Rail
Stabling Facilities
Kawana Town Centre
Woombye
$116M
20/10/2015
16/11/2016
$100M
01/12/2015
31/12/2019
$70M
20/02/2015
31/10/2015
$50M
04/11/2015
31/05/2018
$30M
26/10/2015
31/01/2017
$38M
03/10/2015
31/05/2018
$28M
02/06/2015
15/10/2019
Halcyon Over 50’s Lifestyle
Resort
Bli Bli
Caloundra South Northern
Locality
Opal Aged Care Kawana
Waters
Caloundra
Kawana
Waters
Design & Construction of Rail Stabling
facilities at Banyo, Elimbah, Robina &
Woombye
Shopping centre, hotels, apartments,
commercial offices and restaurants
developments.
Construction of over 50's lifestyle resort with
170 units
Proposed subdivision from 2 into 1453
residential lots.
Construction of new 4 storey aged care facility
with 151 beds
Little Mountain Community
Facility
Little
Mountain
Proposed construction of Little Mountain
Community Facility over 12 stages
Bells Reach Estate
Subdivision
Caloundra
West
Proposed reconfiguration into 700 lots
Kawana
Waters
Heading
*Disclaimer: Project Development spending is based on aggregate of estimated land and construction value for residential, commercial, and infrastructure construction commencing between 2014
and 2015; and for 2016.
•Source: APM Pricefinder, Queensland Department of State Development, Infrastructure and Planning, Cordell Database, Rental Tenancy Authority of Quensland, Real Estate
Institute of Queensland
MORETON BAY
Change from Last
Year
Half
Year
House sales
*IMAGE*
6.5cm HIGH
10.6cm WIDE
House median
House rents
Unit sales
Unit median
Unit rents
Overview
Moreton
Bay Area
Inner
Suburbs
Southern
Suburbs
Type
Median
Price
2014
Median
Price
2015
Annual
Growth
Projects
20142015
Projects
2016
Beachmere
House
$330,000
$340,000
3.0%
$27.4M
$36.5M
Beachmere Retirement Village ($25.0M)
Morayfield
Unit
$236,050
$268,000
13.5%
$68.4M
$75.5M
Oakley Flat Road Retirement Village &
Townhouses Stages 1 - 3 ($30.0M),
Weier Road Commercial Complex
($5.0M)
Deception
Bay
House
$310,000
$327,500
5.6%
$147M
$7.5M
Deception Bay Road Upgrade
($124.0M), Deception Bay Shopping
Centre Alterations & Extension ($6.5M)
Strathpine
Unit
$255,000
$261,625
2.6%
$17.6M
$380.0M
Graham Road Residential Development
($10.0M), Grahams Road Residential
House
$455,000
$510,000
12.1%
$36.7M
$70.4M
The Scarborough Mixed Use
Development Stage 1($15.0M), The
Scarborough Mixed Use Development
Stage 2 ($10.0M)
Arana Hills
Unit
$366,500
$392,500
7.1%
$750K
Dawson Parade Commercial Building
Extension ($400,000), Wightman
$10.8M
Dr Diaswati
Mardiasmo
Reserve
Cabbage Tree Creek Channel
UpgradeResearch
($350,000)Manager
PRDnationwide National
Burpengary
House
$400,000
$413,250
3.3%
$90.7M
$138.3M
Burpengary State High School Stage 1
($35.0M), Burpengary Shopping Centre
($15.0M)
Boogaree
House
$380,500
$415,000
9.1%
$7.2M
$24.0M
Bribie Lakes Master planned Community
Residential Subdivision ($2.0M), First
Avenue & Goodwin Drive Roadwork
($10M)
Redcliffe
Unit
$340,000
$370,000
8.8%
$29.5M
$53.7M
Redcliffe Hospital Ward Level 4 East
Upgrade ($10.0M), Margate Parade
Boardwalk Rehabilitation ($2.7M)
House
$402,000
$437,000
8.7%
$13.2M
$6.8M
Woodcliffe Crescent Units ($10.0M),
Moreton Bay Regional Council Road
Resurfacing Program 2014 - 2015
($1.4M)
Suburb
Scarborough
Eastern
Suburbs
Woody Point
Heading
*Disclaimer: Project Development spending is based on aggregate of estimated land and construction value for residential, commercial, and infrastructure construction commencing between 2014
and 2015; and for 2016.
MORETON BAY MEDIAN HOUSE PRICE SUBURB MAP 2015
LEGEND
DATA NOT AVAILABLE
< $400,000
$400,000 - $600,000
$600,000 - $800,000
$800,000 - $1,000,000
> $1,000,000
Suburb
Median
House Price
Rental
Yield
Highvale
$865,000
4.3%
Samford
Valley
$862,500
4.1%
Newport
$846,250
4.3%
Suburb
Median
House Price
Rental
Yield
Bellara
$313,500
5.5%
Caboolture
$305,000
5.6%
Cabbolture
South
$269,500
5.6%
MORETON BAY REGIONAL PROPERTY GROWTH
8000
$500,000
$450,000
Average Days on Market : 47
Bedroom Breakdown: $400,000
2 Bed: 17%, 3 Bed: 46%, 4+ Bed: 38%
7000
$350,000
5000
$300,000
4000
KEY FACTS UNIT $250,000
7492
6674
3000
KEY
FACTS
$200,000
5478
4990
Median Rent Price: $400$150,000
Suburb3623
Rental Yield: +5.4%
Average Days on Market:$100,000
36
2467
2144
Bedroom Breakdown: $50,000
1 Bed: 32%,915
2 Bed:
818 54%, 3+ Bed: 14%
Interest
2000in Surfers Paradise property market is recorded at an average
of 49 visits per property, on par with average regional QLD of 48. Home
loan1000
affordability is widely spread, between $1000-$3000+2130
per month.
1705
1617of the market
1518
Rental affordability1442
sit 1479
within mid-high
end
at $275-$449
Overview
per week. In 2011 23% of homes were fully owned and 37% rented.
0
2011
House
Unit
2012
Vacant Land
2013
Median Price
Number of Sales
6000
$0
2014
Median House Price
2015
Median Unit Price
Median Land Price
Project Title
Suburb
Estimated
Value
Commence
Date
Completion
Date
Westfield Northlakes Stages
3 & Ikea
North Lakes
Extension to major shopping centre
building to include retail spaces,
restaurant and cinemas.
$230.0M
18/03/2015
31/08/2016
Deception Bay Road
Upgrade
Deception Bay
To include duplication of the Deception
Bay Rd bridge over Bruce Highway.
$124.0M
07/08/2015
10/06/2020
South Pine River & Tributary
Creek Bridge Upgrades
Project
Brendale
South Pine River & Tributary Creek
Bridge Upgrades Project
08/07/2015
08/03/2016
Griffin State Primary School
Griffin
Design & construction of new primary
school
$35.0M
12/01/2015
22/12/2015
Caboolture East State
Primary School
Caboolture
Design & construction of new Primary
School
$35.0M
09/09/2015
30/11/2016
McLennan Court Mixed Use
Development
North Lakes
Construction of 4 residential buildings,
adding 88 units to the market
$30.0M
12/01/2015
31/01/2017
Spinnaker Drive Units
Sandstone
Point
Proposed construction of 5 x buildings
with a total of 168 units over 3 stages
$30.0M
01/11/2015
01/11/2017
Beachmere Retirement
Village
Beachmere
Proposed construction of Retirement
Village with 175 units
$25.0M
03/10/2015
31/12/2016
$50.0M
Heading
*Disclaimer: Project Development spending is based on aggregate of estimated land and construction value for residential, commercial, and infrastructure construction commencing between
2014 and 2015; and for 2016.
IPSWICH
Change from Last
Year
Half
Year
House sales
*IMAGE*
6.5cm HIGH
10.6cm WIDE
House median
House rents
Unit sales
Unit median
Unit rents
Overview
Ipswich
Area
Suburb
Type
Median
Price
2014
Median
Price
2015
Annual
Growth
Projects
20142015
Projects
2016
n
Inner
Suburb
Ipswich
House
$292,000
$347,000
18.8%
$30.2M
$71.0M
Hancock Street Unit ($4.0M), 88
Limestone Street Commercial
Development ($9.0M)
Inner
North
Tivoli
House
$245,000
$282,000
15.1%
$400K
$3.2M
Ipswich Caravan Village Extension
($400,000)
Inner
East
Redbank
House
$287,625
$301,000
4.7%
$81.5M
$10.0M
TNT Express Logistics Facility
($50.0M). Northline Distribution
Warehouses ($25.0M).
Bellbird
Park
Unit
$175,000
$200,000
14.3%
$63.4M
$2.0M
Bellbird Park State Secondary School
Stage 1 ($35.0M). Brentwood Forest
Estate Subdivision Stages 18 & 19
($6.3M).
Booval
House
$261,000
$275,000
5.4%
$17.7M
$1.2M
Nimmo Street Townhouses ($5.0M).
Pemberton Street Units ($2.8M).
Unit
$379,000
$382,000
0.8%
$64.5M
Park Edge Residential Development
Stages
1-6 ($35.0M). Springfield Lakes
Dr Diaswati
Mardiasmo
$27.6M
Cnetral Walk Estates Stages 12 & 13
PRDnationwide National
Research Manager
($6.3M).
Yamanto
House
$377,500
$415,000
9.9%
$13.1M
$1.2M
Yamanto Village Shopping Centre
($7.0M). Yamanto Shopping Centre
($5.0M).
Ripley
House
$295,000
$336,250
14.0%
$113.9M
$138.5M
Secondary Urban Centre East
Residential Subdivision ($50.0M),
Ripley Valley Subdivision Stage 4
($9.1M).
Leichhardt
House
$215,000
$228,250
6.2%
$7.5M
$10.2M
Golf Links Estate Subdivision ($3.9M),
Essington Rise Estate Subdivision
($2.1M)
Rosewood
House
$270,000
$277,000
2.6%
$20.0M
$31.0M
South East Queensland Timber Bridge
Replacement ($9.3M). The Links Estate
Subdivision Stages 4 - 6 ($2.0M).
Springfield
Lakes
Inner
South
Inner
West
Heading
IPSWICH MEDIAN HOUSE PRICE SUBURB MAP 2015
SYD
CBD
SYD
AIRPORT
LEGEND
DATA NOT AVAILABLE
< $400,000
$400,000 - $600,000
$600,000 - $800,000
Top 3 Lowest Priced
Suburbs
Median Price
2015*
Project
Development**
Median
Rent
(Q2)
Rental
Yield
Gailes
$236,250
-
$280
6.4%
Leichhardt
$228,250
$6.0M
$270
6.4%
Riverview
$223,750
$29.5M
$280
6.3%
Suburbs
Median Price
2015*
Project
Development**
Median
Rent
(Q2)
Rental
Yield
Pine Mountain
$510,000
-
$550
4.1%
Augustine Heights
$494,500
$15.8M
$420
4.2%
Karalee
$482,000
$11.4M
$460
4.8%
$800,000 - $1,000,000
> $1,000,000
IPSWICH LGA PROPERTY GROWTH
3500
$350,000
Number Of Sales
3000
2500
2000
$200,000
1500
2392
KEY FACTS
1000
3033
2660
2038
Interest in Surfers Paradise property market is recorded at an average
of 49 visits per property, on par with average regional QLD1406
of 48. Home
1010
500affordability is widely
898
loan
spread, between
$1000-$3000+ per month.
Rental affordability
369 at $275-$449
228 sit within mid-high
295 end of the market
Overview
per week.
In 2011 23% of homes were fully owned and 37% rented.
0
2011
House
Unit
2012
2013
Vacant Land
Median Price
$300,000
Bedroom Breakdown:
2 Bed: 17%, 3 Bed: 46%,$250,000
4+ Bed: 38%
Yield: +5.4%
Average Days on Market:$50,000
36
Bedroom Breakdown:
481
1 Bed: 32%,1882 Bed: 54%, 3+ Bed: 14%
1699
1545 Suburb Rental
497
$0
2014
Median House Price
2015
Median Unit Price
Median Land Price
Project Title
Suburb
Brookewater Gold & Spa
Residential Resort
Brookwater
Development of 5 star international
resort to include 524 residential resort
apartment
Citiswich Industrial Estate
Subdivision
RAAF Amberley 17th
Construction Squadron
Relocation Infrastructure
Project
Bundamba
Construction of an industrial park
Amberley
Springfield Health City 1
Mixed Use Development
Springfield
Central
17th Construction Squadron, 6th
Engineer Support Regiment,
Relocation Project to RAAF Base
Amberley.
Construction of mixed use
development in 3 buildings in 2 stages
Secondary Urban Centre
East Residential
Subdivision
Ripley
Ripley Valley State
Primary School Stage 1
Ripley Valley
Design & construction of new primary
school
Springfield State Primary
School Stage 1
Springfield
Bellbird Park State
Secondary School Stage 1
Bellbird Park
80 bed hospital, theatre space,
inpatient wards, day surgery & cancer
care unit.
Design & construction of new
secondary school.
1490 low density dwellings, 430
medium density dwellings and 1
primary school.
Estimated
Value
Commence
Date
Completion
Date
$120.0M
15/11/2015
15/03/2018
$85.0M
09/12/2015
20/12/2017
$55.0M
10/09/2015
31/12/2016
$50.0M
26/10/2015
30/04/2017
$50.0M
03/12/2015
31/05/2020
$35.0M
12/01/2015
22/12/2015
$35.0M
09/09/2015
30/11/2016
09/09/2015
Heading
30/11/2016
$35M
2014 and 2015; and for 2016.
LOGAN
Change from Last
Year
Half
Year
House sales
*IMAGE*
6.5cm HIGH
10.6cm WIDE
House median
House rents
Unit sales
Unit median
Unit rents
Overview
TOP PERFORMERS
Logan
Area
Inner
Suburbs
Type
Median
Price
2014
Median
Price
2015
Annual
Growth
Projects
20142015
Projects
2016
Logan
Central
House
$267,000
$290,000
8.6%
$13.2M
$211.5M
Ewing Road Units ($3.5M)
Logan City Council Safety Camera
Monitoring Facility ($50M)
Logan
Central
Unit
$178,000
$185,000
3.9%
$13.2M
$211.5M
Ewing Road Units ($3.5M)
Logan City Council Safety Camera
Monitoring Facility ($50M)
Suburb
Eastern
Suburbs
Shailer Park
House
$485,000
$515,000
6.2%
$1.1M
$440K
Roselea Park Redevelopment ($450K)
Logan Hyperdome Market Place Court
Refurbishment ($400K)
Northern
Suburbs
Springwood
House
$436,250
$468,661
7.0%
$18.8M
$44.0M
Elements Third Age Living Stage 2
($4.2M), Scifleet Vehicles Sales &
Service Centre ($3.2M)
Springwood
Unit
$265,000
$283,500
7.0%
$18.8M
$44.0M
Elements Third Age Living Stage 2
($4.2M), Scifleet Vehicles Sales &
Service Centre ($3.2M)
House
$351,925
$402,159
14.3%
$47.5M
$5.0M
Southern
Suburbs
Logan
Reserve
Logan Rserve Road Residential
Subdivision Stages 1 -14 ($21.0M),
Stoneleigh Reserve Estate Subdivision
Remaining Stages ($7.1M)
PRDnationwide National Research Manager
Loganlea
House
$319,000
$350,000
9.7%
$13.4M
$6.8M
Burchill Street Warehouses & Office
($5.0M)
Loganlea Road 95 Lot Subdivision
($3.8M)
Logan
Village
House
$487,000
$520,000
6.8%
$9.9M
$11.0M
River Oaks Estate Subdivision Stages 3
& 4 ($2.7M), My Home & The River
Residential Subdivision Stages 8
($2.2M)
Crestmead
House
$291,350
$309,350
6.2%
$21.5M
$3.0M
Chambers Flat Road Duplexes ($9.5M),
Calcium Court Warehouse ($4.0M)
Marsden
House
$319,500
$336,000
5.2%
$40.8M
$31.4M
Second Avenue Townhouses ($9.0M),
Aldo Supermarket Marsden ($2.0M)
Heading
LOGAN MEDIAN HOUSE PRICE SUBURB MAP 2015
SYD
CBD
SYD
AIRPORT
LEGEND
DATA NOT AVAILABLE
< $400,000
$400,000 - $600,000
$600,000 - $800,000
Top 3 Lowest Priced
Suburbs
Median Price
2015*
Project
Development**
Median
Rent
(Q2)
Rental
Yield
Kingston
$285,000
$9.3M
$330
6.0%
Woodridge
$281,500
$2.3M
$320
6.1%
Eagleby
$271,750
$15.9M
$330
6.3%
Suburbs
Median Price
2015*
Project
Development**
Median
Rent
(Q2)
Rental
Yield
Forestdale
$715,000
$50.0M
-
4.6%
New Beith
$547,500
$4.6M
$500
5.2%
Chambers Flat
$540,000
-
$460
5.0%
$800,000 - $1,000,000
> $1,000,000
LOGAN CITY LGA PROPERTY GROWTH
5000
$500,000
Number Of Sales
4000
3500
3000
$300,000
2500
$250,000
4649
2000
3841
3183
1500FACTS
2915
KEY
House
$150,000
2603
1000 in Surfers Paradise property market is recorded at an average
Interest
1658
of 49
visits per property, on par with average regional 1019
QLD1121
of 48. Home 1303
500
911 762
789
loan affordability is widely
spread, between $1000-$3000+ per month.
544
Rental0affordability sit within mid-high end of the market at $275-$449
Overview
per week. In 2011
23% of homes were
37% rented.
2011
2012fully owned and
2013
2014
Unit
Vacant Land
Median House Price
Median Price
$450,000
$400,000
Average Days on Market
: 47
Bedroom Breakdown:
$350,000
2 Bed: 17%, 3 Bed: 46%, 4+ Bed: 38%
4500
$100,000
$50,000
Average Days
on Market:
36
676 688
Bedroom Breakdown:
$0
1 Bed: 32%, 2 Bed: 54%, 3+ Bed: 14%
2015
Median Unit Price
Median Land Price
Project Title
Suburb
Estimated
Value
Commencement
Date
Completion
Date
Johnson Road Forestdale
Roadworks
Forestdale
Roadworks on Johnson Road,
Forestdale from Stapylton Road to
Elliot Court
$50.0M
30/10/2015
30/04/2017
Yarrabilba Precinct 2
North & South Village
Yarrabilba
Reconfiguration into 1200 lots, 5
Village Precincts
$48.0M
06/01/2015
31/08/2017
Jimboomba Shopping
Centre Site 1
Jimboomba
Construction of shopping centre
with supermarket, specialty stores
and food court
$45.0M
03/07/2015
20/12/2016
George Street Apartment
Beenleigh
Construction of 209 units
$40.0M
10/09/2015
30/03/2017
Logan
Reserve
Proposed reconfiguration into 542
lots in 14 stages
$21.0M
30/10/2015
30/12/2018
Bethania
Construction of 105 townhouses
$20.0M
10/11/2015
29/09/2017
Park Ridge
Refurbishment to existing space &
construction of 8396sq m
extension
$15.0M
02/09/2015
30/11/2016
Slacks Creek
Construction of a new greyhound
racing facility
$12.0M
16/09/2015
30/04/2017
South
Maclean
Roadworks on Teviot Road,
Jimboomba from Flagstone Bridge
to Wharburton Bridge
$10.8M
30/08/2015
30/06/2016
Logan Reserve Road
Residential Subdivision
Stages 1 - 14
Radke Road Residential
Development
Park Ridge Shopping
Centre Alterations &
Additions
Cronulla Park Logan
Greyhound Racetrack &
Facilities Building
Teviot Road South
Maclean Roadwords
Heading
2014 and 2015; and for 2016.
REDLAND
Change from Last
Year
Half
Year
House sales
*IMAGE*
6.5cm HIGH
10.6cm WIDE
House median
House rents
Unit sales
Unit median
Unit rents
Overview
Redland
Area
Suburb
Type
Median
Price
2014
Median
Price
2015
Annual
Growth
Projects
20142015
Projects
2016
Eastern
Suburbs
Macleay
Island
House
$194,000
$245,000
26.3%
$2.3M
$5.0M
Macleay Median Centre ($800K),
Macleay Island Car Park Extension
($1.5M)
Northern
Suburbs
Ormiston
House
$572,500
$655,000
14.4%
$14.4M
$44.3M
Delancey Street Townhouses ($4.5M).
Bainbridge Street Townhouses
($1.5M).
Thornside
House
$445,500
$480,000
7.7%
$2.0M
$1.6M
Railway Parade Units ($1.1M),
Thorneside Road Townhouses
($840K).
Wellington
Point
House
$550,000
$575,000
4.5%
$6.1M
$27.2M
Main Road Villas ($2.0M), Mainroad
Townhouses ($1.5M).
Birkdale
House
$492,500
$506,000
2.7%
$27.9M
$83.1M
Prins Willem Alexander Village Aged
Care Facility ($8.0M), Birkdale Green
Commercial Development ($4.0M).
Thornside
Unit
$355,000
$307,500
0.8%
$2.0M
Railway Parade Units ($1.1M),
$1.6M
Thorneside Road Townhouses
PRDnationwide National($840K).
Research Manager
Thornlands
House
$525,000
$560,000
6.7%
$99.7M
$83.8M
Paradise Gardens Mixed Use
Development ($30.0M), Boundary 396
Townhouses ($25.0M).
Mount
Cotton
House
$480,000
$490,000
2.1%
$28.8M
$4.0M
Mount Cotton Quarry Extenstion
($15.0M), Mount Cotton Village
Shopping Centre Extension ($5.5M).
Redland
Bay
House
$505,000
$515,000
2.0%
$23.8M
$277.8M
Broadwater Terrace Mixed Use
Development ($4.5M), German Church
Road Self Storage Facility ($4.1M).
Alexandra
Hills
House
$412,000
$420,000
1.9%
$15.5M
$7.3M
Finucane Road Units ($6.5M),
Finucane Road Units Stages 1 & 2
($3.0M).
Southern
Suburbs
Inner
Suburbs
Heading
REDLAND MEDIAN HOUSE PRICE SUBURB MAP 2015
LEGEND
DATA NOT AVAILABLE
< $400,000
$400,000 - $600,000
$600,000 - $800,000
$800,000 - $1,000,000
> $1,000,000
Suburb
Median
House Price
Rental
Yield
Sheldon
$827,500
3.8%
Ormiston
$655,000
4.0%
Wellington
Point
$575,000
4.4%
Median
House Price
Rental
Yield
Lamb
Island
$282,500
4.9%
Macleay
Island
$245,000
6.7%
Russell
Island
$162,500
7.1%
Suburb
REDLANDS CITY LGA PROPERTY GROWTH
3000
$500,000
Number Of Sales
2500
2000
$300,000
1500
2569
2801
2138
1000
KEY
FACTS1989
$250,000
$200,000
$150,000
of 49500
visits per property, on par with average regional QLD of 48. Home
837
loan affordability is widely spread, between
per month.
570
550 $1000-$3000+
490
434
Rental affordability334
sit within mid-high end of the market at $275-$449
Overview
0 In 2011 23% of homes were fully owned and 37% rented.
per week.
2011
House
KEY FACTS UNIT
Median Price
$450,000
$400,000
Bedroom Breakdown:
2 Bed: 17%, 3 Bed: 46%,$350,000
4+ Bed: 38%
Unit
2012
2013
Vacant Land
Median House Price
1414
$100,000
901 Average Days on Market: 36
$50,000
Bedroom Breakdown:
358 472
1 Bed: 32%, 2 Bed: 54%,$0
3+ Bed: 14%
581
2014
2015
Median Unit Price
Median Land Price
Project Title
Suburb
Paradise Gardens Mixed
Use Development
Thornlands
Shore Street Apartment
Building
Cleveland
Construction of 35
townhouses, supermarket,
specialty shops, medical centre
& service station
Construction of 64 apartments,
roof terrace and 106 car parks.
Middle Street Units
Thornlands
Construction of 48 units & 63
car parks.
Mckenzie Aged Care
Cleveland
Cleveland
Rhodes Residential Units
Capalaba
Construction of 2 x 4 storey
buildings to provide 128 bed
aged care facility
Construction of 54 units.
Associated car parking &
landscaping.
Construction of 42 units in 13
separate 2 storey building
Finucane Road Units
Alexandra Hills
Wharf Street Mixed Use
Development
Cleveland
Mount Cotton Village
Shopping Centre
Extension
Mount Cotton
Estimated
Value
Commence
Date
Completion
Date
$30.0M
28/11/2015
28/11/2016
$18M
08/07/2015
20/12/2017
$27M
03/09/2015
31/12/2016
$8.5M
13/07/2015
30/11/2016
$6.5M
16/03/2015
31/05/2016
$6.5M
04/05/2015
30/09/2016
Construction of retail space, 35
units, recreational facilities and
basement car park.
$6.0M
03/12/2015
30/06/2017
Construction of 4000sq m
extension to Mount Cotton
Village Shopping Centre
$5.5M
20/06/2015
TBA
Heading
2014 and 2015; and for 2016.
GOLD COAST
Change from Last
Year
Half
Year
House sales
*IMAGE*
6.5cm HIGH
10.6cm WIDE
House median
House rents
Unit sales
Unit median
Unit rents
Overview
TOP PERFORMERS
Gold
Coast
Area
Northern
Suburbs
Southern
Suburbs
Western
Suburbs
Type
Median
Price
2014
Median
Price
2015
Annual
Growth
Projects
20142015
Projects
2016
Helensvale
House
$495,000
$535,000
8.1%
$270.0M
$1.8M
Coomera to Helensvale Duplication
Project ($200.0M)
Homeworld Showroom Complex
($45.0M)
Hollywell
House
$545,000
$696,000
27.7%
$270K
$70.0M
Hollywell Boat Ramps
Reconstruction($270K)
Upper
Coomera
Unit
$280,000
$342,000
22.1%
$41.8M
$1.8M
Highland Reserve Estate Subdivision
($5.8M)
Kristins Lane Industrial Subdivision
($4.2M)
Hope Island
Unit
$330,000
$370,000
12.1%
$173.3M
$167.3M
Vision By Halcyon Precinct 4 ($55.0M)
Canao Front Residential Development
Stages 1 - 5 ($40.0M)
Coomera
Unit
$254,900
$269,900
5.9%
$150.0M
$687.6M
Beattie Road Vehicle Sales Premises
($30.0M)
Ghostgum Drive Lifestyle Resort Units
($19.0M)
Mermaid
Beach
House
$920,000
$1.2M
31.4%
$11.0M
Gold Cost Highway Office & Retail
$70.0M
Building ($3.0M)
Motana
Road Apartments
PRDnationwide
National
Research ($8.0M)
Manager
Coolangatta
House
$585,000
$692,500
18.4%
$9.6M
$219.2M
The Garland Project Units & Motel
($6.0M)
Intas Tranche 2 Tower Infrastructure
Upgrade ($2.0M)
Broadbeach
Waters
Unit
$367,500
$428.750
16.7%
$590.5M
$800K
Pacific Fair Shopping Centre Alterations
& Additions ($580.0M)
Hooker Boulevarde Units ($10.0M)
Gilston
House
$507,000
$607,500
19.8%
$9.0M
$2.5M
Gilston Town Square ($7.0M)
Gilston Green Estate Subdivision Stage
9 ($1.3M)
Merrimac
House
$425,000
$477,000
12.2%
$17.5M
$30.0M
Suburb
Sage Apartment Stages 2 - 6 ($15.0M)
Sage Apartment ($2.5M)
Heading
GOLD COAST MEDIAN HOUSE PRICE SUBURB MAP
LEGEND
DATA NOT AVAILABLE
< $400,000
$400,000 - $600,000
$600,000 - $800,000
$800,000 - $1,000,000
> $1,000,000
Suburb
Median
House Price
Rental
Yield
Mermaid
Beach
$1,208,525
2.9%
Surfers
Paradise
$1,160,000
2.8%
$975,000
4.1%
Currumbin
Valley
Suburb
Median
House Price
Rental
Yield
Nerang
$410,000
5.5%
Jacobs
Well
$397,500
4.8%
Lower
Beechmont
$355,000
6.3%
GOLD COAST COUNCIL PROPERTY GROWTH
7000
$900,000
Number Of Sales
6000
5000
4000
$500,000
6266
3000
5531
KEY
2000FACTS
$300,000
4090
3637
3703
2281
2137 QLD of 48. Home
of1000
49 visits per property, on par1615
with average regional
1516
loan affordability is widely
spread, between
$1000-$3000+
110per month.
73
72
Rental
affordability
sit
within
mid-high
end
of
the
market
at
$275-$449
0
Overview
per week. In 2011
23%
of
homes
were
fully
owned
and
37%
rented.
2011
2012
2013
2014
House
Unit
Median Price
$800,000
$700,000
Bedroom Breakdown:
2 Bed: 17%, 3 Bed: 46%,$600,000
4+ Bed: 38%
Vacant Land
Median House Price
99
Average
Days on Market:$100,000
36
1294
37
Bedroom Breakdown:
1 Bed: 32%, 2 Bed: 54%,$0
3+ Bed: 14%
2015
Median Unit Price
Median Land Price
Project Title
Suburb
Estimated
Value
Commencement
Date
Completion
Date
Jewel Mixed Use
Development
Surfers
Paradise
Construction of mixed use
development in 3 separate towers
$900.0M
21/09/2015
20/12/2020
Jupiters Hotel & Casino
Project
Broadbeach
Construction of extension to
Junipers Casino & Hotel complex
$354.0M
18/06/2015
TBA
Jupiter Casino Hotel
Tower
Broadbeach
Construction of 20 storey 6 star
hotel tower
$345.0M
24/09/2015
20/11/2017
Coomera To Helensvale
Duplication Project
Helensvale
Duplication of the last remaining
section of single track on the Gold
Coast Line
$200.0M
16/10/2015
16/08/2017
Parkwood International
Golf Course
Parkwood
Construction of 4 storey resort
hotel with 221 hotel suites
$100.0M
20/12/2015
31/10/2019
Waterglow Surfers
Paradise
Surfers
Paradise
Construction of 389 units and retail
and commercial spaces.
$90.0M
07/11/2015
31/10/2017
Beach Hotel
Redevelopment
Broadbeach
Construction of 35 storey separate
towers
$80.0M
05/06/2015
31/12/2016
Vantage Urban Village
Units
Benowa
separate buildings
$80.0M
05/11/2015
30/12/2022
East Quay Drive Units
Biggera
Waters
separate buildings
$75.0M
06/01/2015
31/10/2017
Heading
2014 and 2015; and for 2016.
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South East Queensland Hotspots 2nd half 2015

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