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Linda Jane Debello
           Licencee / Director
           L.J. GILLAND REAL ESTATE
                                                                       Proud to be a REIQ Individual Member

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




                                                             MAR K E T

                                                QUEENSLAND
                                                             MONITOR
Issue 8                                                                                      www.reiq.com.au




                                   Opportunities
                                stack up for buyers




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                                                                                              www.reiq.com.au
QUEENSLAND
             MAR K ET
             MONITOR
COnTEnTS

        State-wide Summary.................................. page 2                                      Queensland Market Monitor is published by
                                                                                                       The Real Estate Institute of Queensland (REIQ).
        Regional Overview                                                                                                      ABN 49 009 661 287
        [Houses, Units & Townhouses, Vacant land, Rents]                                     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
                Brisbane City.......................................... page 4               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

                Brisbane Surrounds.............................. page 9                      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

                Gold Coast City..................................... page 14                 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,

                Toowoomba Regional........................... page 16                        whether a purchaser of this publication or not, in respect of anything and the consequences of
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                Sunshine Coast City............................ page 18                      upon the whole or any part of the contents of this publication. The publisher, editor or contributors
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                Fraser Coast Regional.......................... page 21                      organisation, person, investment strategy or technique does not imply endorsement by the
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                Bundaberg Regional.............................. page 22
                                                                                             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

                Gladstone Regional............................... page 24
                                                                                             upon the representations and warranties of the authors of the articles and without knowledge of
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                Rockhampton Regional......................... page 25
                                                                                             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

                Mackay Regional.................................... page 27
                                                                                             the express permission of the publisher. For permissions or reprints, contact the Market Place
                                                                                             Strategy Division on phone 07 3249 7347.

                Townsville City........................................ page 29
                Cairns Regional...................................... page 31                PUBLISHED: 10 December 2010


                Other Regional Areas............................ page 33                     The Real Estate Institute of Queensland Ltd.
                                                                                                         Copyright © 2010
        Rental Yields & Vacancy Rates................ page 37                                  21 Turbo Drive, Coorparoo, PO Box 1555,
                                                                                                        Coorparoo DC Q 4151
        Research Methodology............................. page 38                             Ph: (07) 3249 7347 Fax: (07) 3249 6211
                                                                                                      Email: research@reiq.com.au
        Explanatory Notes........................................ page 39



        SEPTEMBER QUARTER 2010 STATE-WIDE SUMMARY
        Median house and unit prices                                                       SnAPSHOT OF lGA DATA
        The Queensland residential property market proved resilient                        SEPTEMBER QUARTER 2010                                                                 HOUSES
        in the September quarter even as the wider economy came to
                                                                                           LOCAL GOVERNMENT AREA                                        Median                    Change
        grips with six almost consecutive interest rates increases, and
                                                                                                                                                       Sale Price                 over qtr
        the uncertainty surrounding the Federal Election during that
                                                                                           SOUTHEAST QUEENSLAND
        time.
                                                                                           BRISBANE (SD)                                               $447,500                     -2.7%
        However, agents across most of the State are reporting tough                       BRISBANE CITY                                               $531,170                     -1.3%
        market conditions partly due to a lack of committed buyers.                        IPSWICH CITY                                                $310,000                     -4.6%
        Sellers, therefore, are being more realistic about their price                     LOGAN CITY                                                  $355,000                     -2.7%
        expectations which mean significant buying opportunities
                                                                                           MORETON BAY REGIONAL                                        $396,000                     -2.7%
        currently exist. Across the state, preliminary sales numbers
                                                                                           REDLAND CITY                                                $450,500                     -3.8%
        were subdued in many areas with median prices experiencing
                                                                                           GOLD COAST CITY                                             $480,000                     -3.0%
        slight rises or falls.
                                                                                           SUNSHINE COAST REGIONAL                                     $455,000                     -3.2%
        Agents are reporting that there is no urgency amongst buyers                       MAJOR REGIONAL CENTRES
        who have recognised that they are in the box seat. However,                        BUNDABERG REGIONAL ~                                        $272,000                     -4.6%
        there appears to be a significant discrepancy between what                         CAIRNS REGIONAL                                             $364,000                      1.7%
        buyers are prepared to pay and what sellers will accept, even
                                                                                           FRASER COAST REGIONAL                                       $297,500                     -0.8%
        after they have lowered their price expectation, which is
                                                                                           GLADSTONE REGIONAL                                          $392,000                      5.9%
        resulting in stock remaining unsold on the market.
                                                                                           MACKAY REGIONAL                                             $392,500                     -0.6%
        The strength of the mining sector has underpinned robust                           ROCKHAMPTON REGIONAL                                        $315,000                     -1.6%
        results in Gladstone specifically, as well as to a lesser degree in                TOOWOOMBA REGIONAL                                          $289,000                      1.4%
        Toowoomba over the quarter.                                                        TOWNSVILLE CITY                                             $365,000                     -3.9%
        The Gladstone median house price increased 5.9 per cent to
        $392,000 since the June quarter.

                                                                                                                                                    Please see page 39 for legend and further notes

Issue 8 - September Quarter 2010                                                  page 2                                                                             www.reiq.com.au
BRISBAnE CITY
  SEPTEMBER QUARTER 2010 STATE-WIDE SUMMARY
  Gladstone’s property market was buoyed by the potential of                                  QUEENSLAND HOUSE SALES
  the LNG projects earmarked for the region over the quarter.                                 QUEENSLAND HOUSE SALES
                                                                                            <$350,000          <$500,000       <$1m         $1m+
  With three multibillion-dollar LNG projects provisionally                                 <$350,000          <$500,000       <$1m         $1m+
  approved since that time, demand for property has increased
                                                                                   SEP 10     2815               3597             2309       224
  markedly.                                                                        SEP 10     2815               3597             2309       224

  Investors and prospective mine employees have been waiting                      JUN 10      2730               3787               2639          260
  for the announcements and have moved quickly to secure                           JUN 10     2730               3787               2639          260
  property in the region. There are reports of investors buying
  multiple properties.                                                            MAR 10      2902                 4015               2693         241
                                                                                  MAR 10      2902                 4015               2693         241
  The median house price in Toowoomba increased 1.4 per cent
  to $289,000 over the quarter and was up 7.4 per cent over
  the year. There is plenty of buyer inquiry in the region given
  Toowoomba’s location near the Surat Basin Energy Province
  however confidence needs to improve for activity to increase                                    QUEENSLAND UNIT SALES
                                                                                                  QUEENSLAND UNIT SALES
  significantly.                                                                        <$250,000     <$350,000         <$500,000        <$1m           $1m+
                                                                                        <$250,000     <$350,000         <$500,000        <$1m           $1m+
  The Cairns residential property market experienced a median                                                                                   121
                                                                                  SEP 10    623       1228              1192          638
  house price increase over the September quarter as well as                      SEP 10    623       1228              1192          638       121
  a rise in preliminary sales numbers. Its median house price
  increased 1.7 per cent to $364,000 while sales numbers were                     JUN 10    604         1285               1469             733         124
                                                                                   JUN 10   604         1285               1469             733         124
  up about 20 per cent over the period. SALES
                 QUEENSLAND HOUSE The sound result was
  possibly due to some astute buyers recognising that the
                <$350,000    <$500,000     <$1m    $1m+                           MAR 10    597         1352               1425             716         158
  market was at, or near, the bottom of its cycle.                                MAR 10    597         1352               1425             716         158
       SEP 10   2815         3597         2309      224
  The Queensland unit and townhouse market held its ground
  over the quarter with median prices relatively steady but
  preliminary sales numbers down by about 10 per cent.
      JUN 10    2730         3787           2639      260                     decreases in preliminary sales numbers partly due to the near-
                                                                                              QUEENSLAND LAND SALES
                                                                              completion of sales in new residential developments.
  Reduced demand in the $350,000 to $500,000 price was most                                         QUEENSLAND LAND SALES
                                                                                         <$250,000  <$350,000    <$500,000  <$1m    $1m+
  evident, with preliminary sales numbers down 19 per cent
     MAR 10       2902            4015         2693     241                   Across Queensland there were about 1,619 preliminary$1m+
                                                                                         <$250,000   <$350,000   <$500,000   <$1m    sales
  compared to the June quarter. This can be attributed to lower                                                                  38
                                                                              of vacant urban land over the quarter, down about 13 per cent
                                                                                                                                 38
  levels of activity from first home buyers and investors.                    on the10
                                                                                  SEP
                                                                                       previous quarter. 1277 was reduced 216 82 6 of sales
                                                                                  SEP 10                 There
                                                                                                         1277              numbers6
                                                                                                                           216 82
                                                                              across all price points over the period.               43
  Toowoomba was the strongest performer for units and                                                                                                    43
                                                                                   Ipswich region experienced the highest increase in 9
                                                                                                         1422                  281 97
                                                                                  JUN 10
  townhouses over the period with a median price increase of                  The JUN 10                 1422                  281 97 9
                   QUEENSLAND UNIT SALES
  6.4 per cent to $240,000 and preliminary sales numbers up by                preliminary sales over the period with 55 more preliminary43
                                                                                                                                        43
  5 per cent.
           <$250,000   <$350,000   <$500,000   <$1m   $1m+                    land sales recorded than the previous quarter. This is mainly
                                                                                 MAR 10                 1373                  317    97 15
                                                                                 MAR 10                 1373                  317     97 15
                                                                              due to the release of new residential developments in Brassall
  Ipswich and Bundaberg also fared well with median unit and
      SEP 10 623      1228          1192     638    121                       and Redbank Plains where sales were up 45 and 20 respectively
  townhouse price increases of 4.5 per cent to $257,000 and 3.7
                                                                              over the September quarter.
  per cent o $250,000 respectively.
      JUN 10      604       1285           1469         733      124

  Median land prices                                                          Median rents
      MAR 10   597          1352           1425         716      158          Over the year to September, median rents across Queensland
  Demand and median prices for land across Queensland held
                                                                              recorded relatively minor price adjustments given the interest
  relatively steady over the quarter with the exception of the
                                                                              rate environment remained historically low over the that
  Gold and Sunshine coasts which experienced significant
                                                                              period. However, demand is increasing in most areas as many
                                                                              buyers stay on the sidelines.
                        QUEENSLAND LAND SALES                                 The REIQ’s September 2010 residential rental survey of property
                <$250,000   <$350,000     <$500,000    <$1m      $1m+         managers found vacancy rates easing slightly in South East
                                                            38                Queensland, with the exception of the Sunshine Coast which
       SEP 10                  1277                   216 82 6                has seen residential rental demand increase marginally.
                                                                  43          Regional Queensland is experiencing tighter vacancy rates
       JUN 10                      1422                   281    97 9         in most major centres, albeit with many still recording rates
                                                                   43
                                                                              in excess of 3 per cent. The resources industry is again
      MAR 10                       1373                  317     97 15        having an impact in areas such as Bundaberg, Gladstone and
                                                                              Rockhampton – all reporting vacancy rates substantially lower
                                                                              than those recorded in March.


Issue 8 - September Quarter 2010                                         page 3                                                          www.reiq.com.au
QUEENSLAND
             MAR K ET
             MONITOR
        BRISBAnE CITY
        Median house and unit prices
        The Brisbane residential property market was impacted by
        subdued buyer demand over the September quarter.                                             BRISBANE CITY HOUSE SALES
                                                                                                 <$350,000               <$500,000              <$1m           $1m+
        The Brisbane median house price decreased 1.3 per cent to                              137
        $531,170 over the period. The preliminary number of house                  SEP 10                  780                          1177                   124                             SEP 1
        sales was down by about 13 per cent over the quarter.                                  141
        In Brisbane’s eastern suburbs, agents are reporting a cautious             JUN 10                    881                               1373                       141                 JUN 1
        but positive mood with increased inquiry. A reasonable                                 127
        number of sales over a quite broad range of property prices
                                                                                  MAR 10                     863                            1259                     120                      MAR 1
        and types are taking place, however there is no real sense of
        urgency from buyers.
        Brisbane’s westerns suburbs stole the limelight this quarter
        with The Gap recording the city’s highest increase in                               BRISBANE SURROUNDS' HOUSE SALES
        preliminary sales numbers over the year (up about 20 per                                BRISBANE CITY UNIT SALES
                                                                                                <$350,000     <$500,000      <$1m                              $1m+
        cent) and St Lucia’s annual median tipping the $1 million mark                      <$250,000     <$350,000     <$500,000                             <$1m            $1m+
        and recording the highest increase in the median thanks to                             41
                                                                                   SEP 10              815                         1009                 328        16                         SEP 1
        performance at the upper end of the market.                                SEP 10              265                          628                             270       37               SEP

        On the south side, Forest Lake, Sunnybank Hills and Calamvale                           44
                                                                                   JUN 10              775                         1111                      424        14                    JUN 1
        continue to record high sales volumes however agents are                   JUN 10              254                           684                                282        47          JUN
        reporting a lack of urgency on behalf of both buyers and                               50
        sellers. The up-grader suburbs of Camp Hill, Carindale and                MAR 10               839                          1147                       454   13                       MAR 1
                                                                                  MAR 10               255                          645                          242 30                        MAR
        Mount Gravatt East also performed well over the year with
                                                                                  INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL
        preliminary sales numbers holding steady.
        The median Brisbane unit and townhouse price decreased 0.5                                  GOLD COAST HOUSE SALES
        per cent to $408,000 over the quarter, with preliminary sales                         BRISBANE SURROUNDS' UNIT SALES
                                                                                                <$350,000  <$500,000 <$1m  $1m+
        numbers also easing slightly during that time.                                        <$250,000
                                                                                                          BRISBANE CITY <$500,000SALES
                                                                                                              <$350,000
                                                                                                                        LAND         $500,000+
                                                                                                24
                                                                                              <$250,000              <$350,000                  <$500,000                 $500,000+
        Steady performers over the quarter included Albion, Carina,                  SEP 10                        433                             332                    49                   SEP 1

        Coorparoo, Sunnybank Hills and Tingalpa. Carina, particularly,             SEP 10      20 113                         231                      71      38                              SEP
                                                                                   SEP 10            38                      54                   34          15
        recorded solid results with a 3 per cent median price rise to               JUN 10                         417                                 364                 54                  JUN 1
        $432,500 as well as a preliminary sales numbers more than                  JUN 10      16102                         224                       110          45                         JUN
        doubling – to 26 – compared to the June quarter.                          JUN 10                  54                       49                   36          15
                                                                                   MAR 10                          434                                   422                       58         MAR 1
        There have been new starts on a number of small/medium                    MAR 10            104                      240                        101          55                       MAR
        developments in the eastern suburbs, including waterfront                 MAR 10          26                    55                     47             12
        sales in Kangaroo Point where one of Brisbane’s top unit sales            INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL

        for the year to September was recorded for a unit in Castlebar
                                                                                                          SUNSHINE COAST HOUSE SALES
        Ave selling for $4.5 million.                                                            GOLD COAST UNIT SALES $1m+
                                                                                            <$350,000    <$500,000    <$1m
                                                                              Median rents BRISBANE SURROUNDS'26
                                                                                            <$250,000
                                                                                           68
                                                                                                         <$350,000   <$500,000 SALES
                                                                                                                        LAND <$1m $1m+
        Vacant land prices                                                    The SEP 10 <$250,000 a three-bedroom <$500,000 Brisbane
                                                                                  median rent for 322 <$350,000 189 house in      $500,000+                                                    SEP 1

        The median price of vacant land in Brisbane increased 5.2 per         increased $10 to $380 per week between 191 50
                                                                                   SEP 10 104
                                                                                          46         374         282     September 2009 and
                                                                                                                          40
                                                                                                                                                                                                SEP

        cent to $315,000 over the quarter. Preliminary sales numbers          September this year.348 median rent for a two-bedroom12 8
                                                                                  SEP 10
                                                                                   JUN 10
                                                                                                   The 436 226                   77 unit
                                                                                                                                                                                               JUN 1
        were steady over the period but were down over the year.              also increased $10 to $365 per week over the same period.
                                                                                    JUN 10 123      428            405        258    46                                                         JUN
                                                                                               50
                                                                                                                                                                    41
        Fitzgibbon, about 16km north of Brisbane, was the best                Agents in
                                                                                JUN 10                         417                    96    27 3
                                                                                              inner Brisbane are reporting some oversupply issues
                                                                                  MAR 10                           396                            290                                         MAR 1
        performing suburb with a median price rise of 4.4 per cent            which is resulting in downward pressure on rents.278 RTA
                                                                                   MAR 10     99            415               407           The 91                                             MAR
        to $234,950 over the quarter and the most preliminary sales           reports median rents remaining relatively stable in the majority
                                                                                 MAR 10                           418                        106 17 8
        number at 19. These results can be attributed to Fitzgibbon           of the inner city area. With the end of the university year now
        being a declared Urban Development Area. New development              here, international IPSWICH & MORETON BAY REGIONAL returned home.
                                                                                 INCLUDES REDLAND, LOGAN, students have also

        at Fitzgibbon will provide a range of housing choices to cater        Brisbane’s outer SUNSHINE COASTaUNIT SALES
                                                                                                 suburbs are seeing number of break lease
        for the diverse needs of the northern Brisbane community              situations and many agents are reportingSALES enquiry $1m+
                                                                                                   GOLD<$350,000 LAND tenant <$1m
                                                                                                           COAST <$500,000
                                                                                            <$250,000
        through a mix of densities, types, designs, price points and          having slowed considerably. However, with many also
                                                                                          <$250,000       <$350,000    <$500,000    $500,000+
        home ownership and rental options.                                    reporting a 46 in investor activity, supply 77 not increased
                                                                                           drop                            has 24
                                                                                   SEP 10             140           99                                                                          SEP
                                                                              which as resulted in vacancy rates holding steady at 2.6 per
                                                                                   SEP 10         52         25 16
                                                                              cent.
                                                                                   JUN 10       45               139                        146                    87         19                JUN
                                                                                                                                            Please see page 39 for legend and further notes
                                                                                    JUN 10                         83                           41            8 14
Issue 8 - September Quarter 2010                                         page 4                                                                              www.reiq.com.au
BRISBAnE CITY
  MEDIAN SALES DATA                                                                                    MEDIAN SALES DATA
   Suburb/                  Number of        Sep     change    12 mths to   change   change            Suburb/            Number of       Sep      change      12 mths to     change     change
   Locality                 Sales Sep        Qtr      over     the end of    over     over             Locality           Sales Sep       Qtr       over       the end of      over       over
                             Qtr 2010       2010       qtr     Sep 2010       1yr     5yrs                                 Qtr 2010      2010        qtr       Sep 2010         1yr       5yrs

  HOUSES                                                                                           HOUSES continued
  BRISBANE (SD)              4,386       $447,500    -2.7%     $460,000     10.8%    46.3%         GRANGE ~                    4            N/A       N/A       $678,750      -0.5%       56.0%
  BRISBANE (SD) ^             328        $590,000     2.6%     $590,000     9.3%     37.2%         GREENSLOPES ~              16       $591,500     -7.9%       $624,000      20.0%       64.2%
  BRISBANE CITY (LGA)        2,218       $531,170    -1.3%     $540,000     12.5%    49.2%         HAMILTON ~                 13       $750,000       N/A     $1,000,000     -16.0%       25.0%
  BRISBANE CITY (LGA) ^ ~       44      $1,087,500    8.8%    $1,095,000    25.9%    50.0%         HAWTHORNE ~                13       $820,000       N/A       $850,000      24.1%       40.5%
  ACACIA RIDGE ~                16        $317,500   -13.0%     $337,500     3.2%    46.7%         HEMMANT                     8            N/A       N/A       $430,000       6.8%       45.8%
  ALBION                         5             N/A      N/A     $650,000      N/A    66.7%         HENDRA ~ *                 10       $863,750    20.0%        $800,000      21.2%       64.9%
  ALDERLEY                      14        $625,000    1.2%      $612,000     4.2%    47.5%         HERSTON                     4            N/A       N/A       $666,000        N/A         N/A
  ALGESTER ~                    20        $397,550    -7.5%     $422,000     8.2%    47.0%         HIGHGATE HILL               3            N/A       N/A       $805,000      13.1%       46.4%
  ANNERLEY ~                    12        $554,500    -7.6%     $597,500    14.9%    59.3%         HOLLAND PARK ~             26       $520,000     -7.1%       $543,000      11.2%       55.1%
  ASCOT ~                        6             N/A      N/A   $1,212,500    30.0%    49.7%         HOLLAND PARK WEST          16       $560,000     -6.4%       $557,000       9.2%       61.4%
  ASHGROVE ~                    26        $798,750   17.5%      $677,875     7.6%    53.0%         INALA ~ G                  30       $300,000    45.5%        $296,000       2.1%       57.3%
  ASPLEY                        22        $461,000    -6.6%     $468,000     2.9%    38.8%         INDOOROOPILLY ~            15       $600,000    -11.1%       $665,000       9.9%       25.5%
  AUCHENFLOWER                   4             N/A      N/A     $800,000     9.3%    48.1%         JAMBOREE HEIGHTS            7            N/A       N/A       $432,000       4.2%       47.9%
  BALD HILLS ~                  17        $395,000    2.6%      $391,000    -0.4%    47.5%         JINDALEE ~                 14       $484,000     -7.8%       $495,000      10.7%       43.1%
  BALMORAL                       8            N/A       N/A     $799,000    13.3%    59.8%         KARANA DOWNS ^              2            N/A       N/A       $520,000      11.8%       35.9%
  BANYO                         26        $412,500    -4.1%     $430,000    12.6%    56.1%         KARANA DOWNS ~              1            N/A       N/A       $405,000      -3.3%       47.3%
  BARDON ~                      30        $700,000   -12.7%     $785,500    17.2%    58.7%         KEDRON                     19       $546,000      1.6%       $540,000      11.8%       56.5%
  BELLBOWRIE ~                  12        $528,500   11.0%      $490,000    14.2%    42.0%         KELVIN GROVE                7            N/A       N/A       $632,000       5.4%       43.6%
  BELMONT                        7            N/A       N/A     $589,000    10.1%    54.0%         KENMORE                    21       $565,000     -2.6%       $565,000      13.0%       50.1%
  BOONDALL                      18        $419,500    -0.8%     $423,000     3.2%    36.3%         KENMORE HILLS               3            N/A       N/A       $690,000         N/A      32.7%
  BRACKEN RIDGE                 37        $410,000    -4.7%     $419,500     2.3%    36.2%         KEPERRA                    14       $451,000      4.7%       $435,000       6.1%       50.0%
  BRIDGEMAN DOWNS ~             10        $672,500    -7.9%     $706,750    14.0%    35.3%         KURABY                      8            N/A       N/A       $549,000      12.8%       41.7%
  BRIGHTON                      35        $398,000    -4.1%     $420,000    10.5%    48.4%         LOTA                        4            N/A       N/A       $472,000       1.1%       30.6%
  BULIMBA                       26        $870,000    -1.0%     $900,000    16.9%    36.9%         MACGREGOR                  13       $535,000     -3.1%       $535,000       9.6%       40.8%
  BURBANK ^ ~                    5      $1,430,000      N/A   $1,187,500      N/A      N/A         MACKENZIE                   3            N/A       N/A       $620,000         N/A      37.8%
  CALAMVALE                     33        $545,000    -2.3%     $525,000     9.4%    48.3%         MANLY ~                     8            N/A       N/A       $700,000      22.8%       49.6%
  CAMP HILL ~                   32        $707,750    8.9%      $657,500    16.4%    51.1%         MANLY WEST                 25       $482,000      3.0%       $506,000       8.8%       45.4%
  CANNON HILL                   16        $572,500    -2.1%     $570,000    16.8%    52.0%         MANSFIELD                  20       $500,000      4.7%       $510,000      12.6%       54.3%
  CARINA                        23        $535,000    7.0%      $523,500    12.6%    49.6%         MCDOWALL ~                 14       $605,000    11.5%        $550,000       8.8%       33.8%
  CARINA HEIGHTS                 7            N/A      N/A      $530,000    10.4%    46.8%         MIDDLE PARK ~              13       $545,000    13.5%        $542,000      11.3%       41.7%
  CARINDALE                     34        $665,750    -3.2%     $700,000    11.8%    45.8%         MITCHELTON                 21       $545,000      3.8%       $521,000      11.1%       65.4%
  CARSELDINE                     9            N/A      N/A      $535,500    12.7%    46.8%         MOGGILL                     9            N/A       N/A       $485,000       4.3%       33.8%
  CHANDLER ^ ~                   2            N/A      N/A    $1,167,500      N/A      N/A         MOOROOKA                   25       $488,000     -6.2%       $500,000      10.8%       47.5%
  CHAPEL HILL                   27        $650,000    -3.7%     $650,000     9.2%    44.4%         MORNINGSIDE ~              20       $618,500     -8.9%       $607,000      16.7%       59.3%
  CHELMER                        8            N/A      N/A      $890,000    17.4%    50.3%         MOUNT CROSBY ^              3            N/A       N/A       $560,000       8.6%       45.5%
  CHERMSIDE                      9            N/A      N/A      $465,000     4.6%    40.9%         MOUNT GRAVATT               4            N/A       N/A       $490,000       4.5%       51.9%
  CHERMSIDE WEST                13        $485,000    -1.0%     $466,337     7.8%    48.4%         MOUNT GRAVATT EAST         35       $475,000     -0.8%       $479,000       8.9%       44.1%
  CLAYFIELD ~                   19        $800,000   -10.1%     $935,000    19.5%    53.3%         MURARRIE ~                 10       $472,500     -9.4%       $535,000      17.1%       33.8%
  COOPERS PLAINS                 9            N/A      N/A      $437,500     8.6%    57.5%         NEW FARM ~                 13       $980,000       N/A     $1,012,500      19.6%       24.2%
  COORPAROO                     23        $620,000    -1.6%     $670,000    15.5%    52.1%         NEWMARKET                  16       $685,000       N/A       $733,000      19.8%       74.5%
  CORINDA ~                      7            N/A      N/A      $682,500    20.8%    64.5%         NORMAN PARK                20       $685,000      7.7%       $665,000       3.9%       55.9%
  DARRA                          7            N/A      N/A      $374,000    10.0%    66.2%         NORTHGATE ~                10       $459,500     -2.5%       $475,500      -3.5%       36.8%
  DEAGON                         8            N/A      N/A      $410,000    12.5%    49.1%         NUDGEE                     10       $485,000       N/A       $475,000       5.4%       58.3%
  DOOLANDELLA                    7            N/A      N/A      $405,000    16.0%    55.3%         NUNDAH                     14       $600,000     -3.2%       $583,000      11.6%       55.5%
  DREWVALE ~                    15        $517,500   10.0%      $487,000     9.4%    45.4%         OXLEY ~                    22       $425,000     -7.4%       $454,000       8.2%       51.3%
  DURACK                        22        $366,250    -5.8%     $370,000    11.4%    48.0%         PADDINGTON ~               24       $855,000      0.6%       $822,500      22.5%       67.9%
  EAST BRISBANE                 13        $645,000    -5.6%     $698,250    12.6%    54.3%         PARKINSON ~                19       $500,000     -9.9%       $525,000      11.0%       41.5%
  EIGHT MILE PLAINS ~           18        $520,250   -13.3%     $600,000    11.1%    46.9%         PULLENVALE ^ ~              8      $1,330,000   19.6%      $1,080,000      15.8%       42.1%
  ENOGGERA                      15        $630,000    -0.8%     $565,000    12.1%    56.9%         RED HILL ~                 22       $670,500    -13.5%       $700,000       7.7%       45.5%
  EVERTON PARK ~                13        $449,000   -13.2%     $491,500    14.3%    48.8%         RIVERHILLS                 11       $420,000     -3.8%       $438,300       8.2%       47.1%
  FAIRFIELD                      6            N/A      N/A      $585,250     1.3%    55.4%         ROBERTSON                   5            N/A       N/A       $714,700      17.2%       41.3%
  FERNY GROVE ~                 20        $485,000   -10.3%     $498,000     2.7%    34.6%         ROCKLEA                     2            N/A       N/A       $368,000       2.8%       63.6%
  FIG TREE POCKET ~              7            N/A      N/A      $725,000    -1.7%    55.9%         RUNCORN                    28       $421,500     -4.1%       $430,000       4.6%       47.0%
  FITZGIBBON                    12        $397,500     N/A      $418,000     2.0%    45.1%         SALISBURY ~                21       $450,000     -7.9%       $450,000       8.4%       49.7%
  FOREST LAKE ~                 66        $380,000    -8.5%     $410,000    10.3%    44.9%         SANDGATE                    7            N/A       N/A       $525,000      11.2%       38.2%
  GAYTHORNE                      6            N/A      N/A      $541,625     4.7%    49.2%         SEVEN HILLS                 9            N/A       N/A       $585,000       8.7%       42.6%
  GEEBUNG                       16        $459,000    0.9%      $455,000    11.0%    52.9%         SEVENTEEN MILE ROCKS        6            N/A       N/A       $539,750      15.6%       61.8%
  GORDON PARK                   10        $550,500     N/A      $585,000     7.3%    42.7%         SHERWOOD                    7            N/A       N/A       $710,000       5.3%       60.5%
  GRACEVILLE ~                  14        $626,250   -18.9%     $711,800     9.5%    53.7%         SINNAMON PARK              18       $597,500     -6.6%       $640,000      10.3%       50.6%
                                                                                                                                                   Please see page 39 for legend and further notes

Issue 8 - September Quarter 2010                                                              page 5                                                               www.reiq.com.au
QUEENSLAND
             MAR K ET
             MONITOR
        BRISBAnE CITY
        MEDIAN SALES DATA                                                                              MEDIAN SALES DATA
             Suburb/          Number of      Sep     change    12 mths to   change   change            Suburb/             Number of      Sep     change      12 mths to     change     change
             Locality         Sales Sep      Qtr      over     the end of    over     over             Locality            Sales Sep      Qtr      over       the end of      over       over
                               Qtr 2010     2010       qtr     Sep 2010       1yr     5yrs                                  Qtr 2010     2010       qtr       Sep 2010         1yr       5yrs

        HOUSES continued                                                                               UNITS & TOWNHOUSES continued
        SPRING HILL                4           N/A      N/A    $787,500       N/A     39.3%        EIGHT MILE PLAINS *         13      $380,000    -1.3%       $373,000       4.3%       58.7%
        ST LUCIA ~                11      $865,000      N/A   $1,035,000    35.1%     43.5%        ENOGGERA *                   3          N/A       N/A       $390,000      -4.9%         N/A
        STAFFORD                  17      $550,000    6.8%     $480,000      6.7%     61.3%        EVERTON PARK                 2          N/A       N/A       $369,000       7.0%       50.0%
        STAFFORD HEIGHTS          19      $465,000    -2.1%    $480,000     11.4%     50.0%        FORTITUDE VALLEY            37      $395,000    -4.4%       $411,000       3.4%       27.4%
        STRETTON ~                 7           N/A      N/A    $627,500     -1.2%     25.5%        GAYTHORNE *                  7          N/A       N/A       $400,000        N/A       86.7%
        SUNNYBANK                 23      $540,000    -4.8%    $545,000      9.0%     50.3%        GORDON PARK                  8          N/A       N/A       $357,500       3.6%       33.1%
        SUNNYBANK HILLS           29      $485,000    -1.0%    $510,000     15.3%     47.8%        GREENSLOPES                 19      $360,000    -2.7%       $377,000       4.1%       47.8%
        TAIGUM ~                  10      $433,500    -9.5%    $452,500      8.0%     37.1%        HAMILTON ~ *                13      $440,000   -21.4%       $527,500      28.7%       32.5%
        TARINGA ~                 13      $680,000     N/A     $761,000     21.3%     49.2%        HAWTHORNE                    7          N/A       N/A       $420,625       2.6%       45.0%
        TARRAGINDI                31      $602,000    5.0%     $590,000     15.1%     59.4%        HIGHGATE HILL                9          N/A       N/A       $450,000       5.6%       42.9%
        THE GAP                   37      $560,000    -2.8%    $568,000     13.6%     48.3%        INDOOROOPILLY ~ *           22      $449,000    -5.0%       $465,000      10.2%       40.9%
        TINGALPA                  24      $413,000    -5.5%    $440,000      4.9%     46.4%        KANGAROO POINT * f          33      $550,000     8.9%       $505,000      20.7%       34.7%
        TOOWONG                    8           N/A     N/A     $710,000     12.7%     59.4%        KEDRON                      10      $351,250      N/A       $335,000       6.0%       46.9%
        UPPER KEDRON               8           N/A     N/A     $540,000      4.9%     30.8%        KELVIN GROVE *               5          N/A       N/A       $415,000      -3.5%       27.7%
        UPPER MOUNT GRAVATT       25      $467,000    -3.7%    $473,500      8.9%     50.8%        LUTWYCHE                     6          N/A       N/A       $393,000      12.3%       54.1%
        VIRGINIA                   6           N/A     N/A     $432,000      1.6%     39.4%        MOOROOKA *                  10      $420,000    -0.2%       $420,000      27.3%       75.0%
        WAKERLEY ~                27      $590,000   -11.3%    $631,500     14.1%     45.2%        MORNINGSIDE ~ *             18      $433,750    -6.7%       $440,500       4.3%       42.1%
        WAVELL HEIGHTS            37      $552,000    2.1%     $540,250     12.6%     56.6%        MOUNT GRAVATT EAST           7          N/A       N/A       $376,000       7.4%       39.3%
        WEST END                  12      $835,000     N/A     $810,000     12.2%     59.8%        NEW FARM ~ f *              56      $510,000    -8.1%       $527,500      18.5%       38.3%
        WESTLAKE                  11      $687,500    -1.1%    $620,000     14.7%     37.0%        NEWSTEAD 5 f                 3           N/A      N/A       $499,500      -3.1%       24.6%
        WILSTON ~                 12      $950,000   15.2%     $862,500     17.3%     75.7%        NORMAN PARK *                6           N/A      N/A       $470,500       3.4%       54.3%
        WINDSOR ~                 11      $580,000   -10.4%    $677,500     11.8%     79.1%        NORTHGATE *                 12      $345,000      N/A       $369,500      -9.9%       64.2%
        WISHART                   19      $582,000    4.1%     $570,000     15.4%     54.9%        NUNDAH *                    29      $340,000   -16.0%       $382,250      -8.3%       62.7%
        WOOLLOONGABBA ~            9           N/A     N/A     $678,000     20.0%     93.4%        PADDINGTON                   6           N/A      N/A       $445,500       3.3%       43.7%
        WOOLOOWIN                 10      $598,000    -2.5%    $680,000     13.8%     49.5%        RICHLANDS *                  1           N/A      N/A       $335,000         N/A         N/A
       WYNNUM ~                   36      $501,250   -10.5%    $538,000     17.0%     43.9%        RUNCORN                     13      $325,000    -1.8%       $339,000       4.3%       45.7%
       WYNNUM WEST                34      $445,000    1.6%     $450,000      2.3%     42.9%        SHERWOOD *                   8           N/A      N/A       $412,500      -2.9%       39.8%
       YERONGA ~                   5           N/A     N/A     $672,500     -1.0%     38.7%        SOUTH BRISBANE ~ f          28      $461,750     8.6%       $432,500       8.4%       25.4%
       ZILLMERE                   21      $402,000    1.7%     $410,000      9.6%     64.0%        SPRING HILL ~ *             22      $352,500    -7.8%       $417,000       8.6%       58.6%
                                                                                                   ST LUCIA ~ *                22      $425,000    -3.7%       $440,000      -0.6%       42.6%
                                                                                                   STAFFORD                     6           N/A      N/A       $415,000       5.7%       72.9%
        UNITS & TOWNHOUSES                                                                         SUNNYBANK HILLS              8           N/A      N/A       $370,500       7.4%       68.4%
       BRISBANE (SD)           1,697      $375,000   -1.8%     $377,000     6.2%     42.3%         TAIGUM *                    19      $352,000   11.7%        $360,000       7.5%       54.2%
       BRISBANE CITY (LGA)     1,241      $408,000   -0.5%     $405,000     6.6%     39.7%         TARINGA *                   27      $440,000     4.8%       $426,250       9.6%       49.6%
       ALBION                      8           N/A     N/A     $418,000      8.6%     47.2%        TENERIFFE * f               26      $582,500     5.9%       $550,000       3.4%       42.9%
       ALDERLEY                    6           N/A     N/A     $376,000      4.7%     49.2%        TENNYSON * f                 3           N/A      N/A     $1,015,000         N/A         N/A
       ALGESTER *                  7           N/A     N/A     $347,000     13.8%     25.3%        TINGALPA                     8           N/A      N/A       $345,000       7.5%       49.7%
       ANNERLEY ~ *               22      $412,000    8.7%     $365,500      1.5%     53.6%        TOOWONG ~ f                 32      $425,375    -1.4%       $440,000      12.5%       52.1%
       ASCOT ~                    18      $391,500    -6.8%    $405,000      7.3%     35.0%        UPPER MOUNT GRAVATT *        8           N/A      N/A       $380,000      -1.9%       49.9%
       ASHGROVE                   11      $360,000     N/A     $405,000      5.9%     44.4%        WAKERLEY                     6           N/A      N/A       $392,500         N/A      31.3%
       ASPLEY                      9           N/A     N/A     $379,000      5.3%     46.9%        WEST END *                  16      $536,250     3.1%       $530,000       1.9%       35.9%
       AUCHENFLOWER               15      $430,000    -1.6%    $430,000      0.1%     31.9%        WILSTON                      3           N/A      N/A       $435,000         N/A         N/A
       BALMORAL ~                  6           N/A     N/A     $499,999     19.8%     54.4%        WINDSOR                      5           N/A      N/A       $367,500       8.9%       41.3%
       BARDON *                    8           N/A     N/A     $625,000       N/A     76.1%        WISHART                      7           N/A      N/A       $365,000       3.8%       28.5%
       BOWEN HILLS                11      $410,000     N/A     $426,500      1.5%     27.3%        WOOLLOONGABBA *             11      $432,500     7.5%       $420,000       6.3%       42.4%
       BRACKEN RIDGE *            10      $357,000    0.6%     $355,000      1.5%       N/A        WOOLOOWIN ~ *                4           N/A      N/A       $387,500      16.9%       72.2%
       BRIDGEMAN DOWNS *          11      $371,000     N/A     $369,500       N/A     19.2%        WYNNUM                       6           N/A      N/A       $385,000       7.7%       33.4%
       BRISBANE CITY * f          72      $510,000   13.6%     $475,000      8.1%     24.0%        WYNNUM WEST                  6           N/A      N/A       $325,000       4.8%       47.7%
       BULIMBA ~                  15      $513,000    -5.0%    $498,000     -1.4%     28.4%        YERONGA                     10      $436,500    -1.9%       $415,000       0.7%       45.6%
       CALAMVALE *                14      $347,250    8.5%     $352,000      0.5%     67.6%        ZILLMERE                    12      $356,250    -4.4%       $365,000       7.4%       69.8%
       CARINA                     26      $432,500    3.0%     $430,000      6.6%     34.4%
       CARINA HEIGHTS              9           N/A     N/A     $460,000      3.4%     67.3%
       CARINDALE ~ *              10      $632,500     N/A     $528,500     14.9%    106.0%
       CARSELDINE                  7           N/A     N/A     $360,000      0.6%     50.0%
       CHERMSIDE                  18      $384,000    1.1%     $413,500      2.9%     51.9%
       CLAYFIELD                  19      $355,000    -2.1%    $367,000      2.8%     50.1%
       COORPAROO                  37      $385,000    4.1%     $380,000      8.7%     55.1%
       CORINDA * f                 6           N/A     N/A     $417,500     -3.1%     72.5%
       EAST BRISBANE *            27      $455,000     N/A     $440,000     17.3%     87.2%
                                                                                                                                                  Please see page 39 for legend and further notes

Issue 8 - September Quarter 2010                                                              page 6                                                              www.reiq.com.au
BRISBAnE CITY
  MEDIAN SALES DATA                                                                                                   MEDIAN WEEKLY RENTS
   Suburb/                           Number of       Sep       change       12 mths to     change   change                        Suburbs/                                               Sep Qtr 2010         Sep Qtr 2009




                                                                                                                       Postcode
   Locality                          Sales Sep       Qtr        over        the end of      over     over                         Localities                                             Rent     New         Rent     New
                                      Qtr 2010      2010         qtr        Sep 2010         1yr     5yrs                                                                                ($)      Bonds       ($)      Bonds

  VACANT URBAN LAND                                                                                               3 BEDROOM HOUSES continued
  BRISBANE (SD)                          676      $200,000     -4.7%        $207,000       -3.7%    22.5%               4065      Bardon                                                  $430         34      $460         37
  BRISBANE (SD) ^                            79   $295,000      3.5%        $305,000       1.7%     35.6%                         North West - Outer                                      $360       232       $360        229
  BRISBANE CITY (LGA) *                  143      $315,000      5.2%        $305,000       9.2%     38.6%               4053      Everton Park/ McDowall/ Mitchelton/ Stafford/ etc.      $360       154       $360        142
  BRISBANE CITY (LGA) ^ ~                 10          N/A          N/A      $675,000       50.0%     -3.6%              4054      Arana Hills/ Keperra                                    $360         51      $350         51
  BRIDGEMAN DOWNS *                           1        N/A         N/A          $399,000   30.8%       N/A              4061      The Gap                                                 $390         27      $390         36
  CALAMVALE *                                 9   $342,000      -1.6%           $335,000   19.4%     47.8%                        South - Inner                                           $380       386       $375        363
  CARSELDINE *                                1        N/A         N/A          $280,000    0.9%       N/A              4103      Annerley/ Fairfield                                     $390         46      $400         52
  DOOLANDELLA *                              11   $232,000         N/A          $230,000    3.6%       N/A              4104      Yeronga                                                 $410         14      $390         20
  DURACK *                                    9   $215,000      5.9%            $212,500     N/A       N/A              4105      Moorooka/ Tennyson/ Yeerongpilly                        $355         53      $350         45
  EIGHT MILE PLAINS *                         5   $340,000         N/A          $346,000    9.8%     21.4%              4120      Greenslopes                                             $420         28      $390         30
  FITZGIBBON * G                             19   $234,950      4.4%            $225,950     N/A       N/A              4121      Holland Park/ Holland Park West/ Tarragindi             $400         94      $385         96
  HEATHWOOD *                                 2        N/A         N/A          $233,000   -2.5%     59.6%              4122      Mansfield/ Mt Gravatt/ Wishart/ etc.                    $370       149       $365        119
  SUNNYBANK *                                 4        N/A         N/A          $454,000     N/A       N/A                        South - Outer                                           $350       314       $345        339
  UPPER KEDRON *                             15   $300,000         N/A          $297,000     N/A     32.0%              4106      Rocklea                                                 $310          6      $330         15
  WAKERLEY *                                 12   $343,750     -17.2%           $340,000   22.7%     33.9%              4107      Salisbury                                               $345         27      $350         39
                                                                                                                        4108      Archerfield/ Coopers Plains                             $350         41      $340         31
                                                                                                                        4109      Macgregor/ Robertson/ Sunnybank/ etc.                   $360         77      $355         87
                                                                                                                        4110      Acacia Ridge/ Willawong                                 $325         67      $310         54
                                                                                                                        4112      Kuraby                                                  $350          9      $360           7
                                                                                                                        4113      Eight Mile Plains/ Runcorn                              $360         54      $350         64
                                                                                                                        4115      Algester/ Parkinson                                     $360         18      $350         20
   MEDIAN WEEKLY RENTS                                                                                                  4116      Calamvale/ Drewvale/ Stretton                           $365         15      $360         22

                                                                     Sep Qtr 2010          Sep Qtr 2009                           South East - Inner                                      $400       341       $390        377
                Suburbs/
     Postcode




                Localities                                           Rent     New          Rent     New                 4151      Coorparoo                                               $420         37      $380         43
                                                                     ($)      Bonds        ($)      Bonds               4152      Camp Hill/ Carina/ Carina Heights/ Carindale            $390       123       $390        139
   3 BEDROOM HOUSES                                                                                                     4170      Cannon Hill/ Morningside/ Norman Park/ etc.             $400       116       $390        119
                BRISBANE CITY COUNCIL AREA                               $380     3,117     $370    3,070               4171      Balmoral/ Bulimba/ Hawthorne                            $470         56       $440        59
                Bayside                                                  $370       163     $365      148               4172      Murarrie                                                $390          9       $385        17
     4178       Lytton/ Wynnum/ Wynnum West                              $370        97     $360       88                         South East - Outer                                      $375         53       $375        58
     4179       Lota/ Manly/ Manly West                                  $375        66     $370       60               4153      Belmont                                                 $395          9       $405        12
                City Inner                                               $470       292     $450      240               4154      Gumdale/ Ransome/ Wakerley                              $420         10       $430          8
     4000       Brisbane City/ Spring Hill                               $520        29     $480       19               4173      Tingalpa                                                $370         23       $365        25
     4005       New Farm                                                 $525        19     $480       17               4174      Hemmant                                                 $360          9       $365          8
     4006       Bowen Hills/ Fortitude Valley/ Herston/ Newstead         $530        12     $480       17                         South West - Inner                                      $390       107        $380       114
      4064      Milton/ Paddington                                       $450        64     $440       54               4068      Chelmer/ Indooroopilly/ Taringa                         $420         47       $400        48
      4066      Auchenflower/ Toowong                                    $460        34     $450       45               4075      Corinda/ Graceville/ Oxley/ Sherwood                    $375         60       $360        66
      4067      St Lucia                                                 $400        14     $350       17                         South West - Outer                                      $340       380        $330       352
      4101      Highgate Hill/ South Brisbane/ West End                  $470        50     $495       24               4069      Brookfield/ Chapel Hill/ Fig Tree Pocket/ etc.          $400         56       $400        53
      4102      Buranda/ Dutton Park/ Wooloongabba                       $440        33     $450       19               4070      Anstead/ Bellbowrie/ Moggill                            $360          9       $330        11
      4169      East Brisbane/ Kangaroo Point                            $495        37     $440       28               4073      Seventeen Mile Rocks/ Sinnamon Park                     $360         20       $350        15
                North - Inner                                            $400       341     $390      331               4074      Jindalee/ Mt Ommaney/ Sumner/ Westlake/ etc.            $375         79       $350        60
      4007      Ascot/ Hamilton                                          $525        23     $450       33               4076      Darra/ Wacol                                            $300         30       $310        27
      4010      Albion                                                   $350          7    $350       11               4077      Doolandella/ Durack/ Inala/ Richlands                   $295         73       $290        61
      4011      Clayfield/ Hendra                                        $430        44     $489       42               4078      Ellen Grove/ Forest Lake                                $340       113        $320       125
      4012      Nundah/ Toombul/ Wavell Heights                          $380        63     $370       60
      4030      Lutwyche/ Windsor/ Wooloowin                             $420        50     $420       41
      4031      Gordon Park/ Kedron                                      $390        45     $370       40         2 BEDROOM FLATS/UNITS
      4051      Alderley/ Enogerra/ Newmarket/ Wilston/ etc.             $400       109     $380       98                         BRISBANE CITY COUNCIL AREA                              $365     4,303        $355     4,171
                North - Outer                                            $360       383     $350      393                         Bayside                                                 $295         63       $290        57
      4013      Northgate                                                $380        10     $335       17               4178      Lytton/ Wynnum/ Wynnum West                             $290         41       $290        39
      4014      Banyo/ Nudgee/ Virginia                                  $360        48     $360       35               4179      Lota/ Manly/ Manly West                                 $320         22       $290        18
      4017      Bracken Ridge/ Brighton/ Deagon/ Sandgate/ etc.          $350       104     $340      111                         City Inner                                              $440     1,851        $440     1,792
      4018      Fitzgibbon/ Taigum                                       $375        29     $350       24               4000      Brisbane City/ Spring Hill                              $540       322        $530       337
      4032      Chermside/ Chermside West                                $360        53     $360       51               4005      New Farm                                                $450       263        $415       186
      4034      Aspley/ Boondall/ Carseldine/ Geebung/ Zillmere          $360       119     $350      128               4006      Bowen Hills/ Fortitude Valley/ Herston/ Newstead        $460       307        $450       324
      4036      Bald Hills                                               $355        20     $350       27               4064      Milton/ Paddington                                      $360         80       $370        62
                North West - Inner                                       $450       125     $450      126               4066      Auchenflower/ Toowong                                   $380       221        $365       232
      4059      Kelvin Grove/ Red Hill                                   $460        50     $450       44               4067      St Lucia                                                $400       129        $390       112
      4060      Ashgrove                                                 $430        41     $400       45               4101      Highgate Hill/ South Brisbane/ West End                 $450       255        $450       277
                                                                                                                                                                                   Please see page 39 for legend and further notes

Issue 8 - September Quarter 2010                                                                             page 7                                                                                www.reiq.com.au
QUEENSLAND
             MAR K ET
             MONITOR
        BRISBAnE CITY
        MEDIAN WEEKLY RENTS                                                                                             MEDIAN WEEKLY RENTS
                        Suburbs/                                             Sep Qtr 2010     Sep Qtr 2009                          Suburbs/                                               Sep Qtr 2010         Sep Qtr 2009
             Postcode




                                                                                                                         Postcode
                        Localities                                           Rent     New     Rent     New                          Localities                                             Rent     New         Rent     New
                                                                             ($)      Bonds   ($)      Bonds                                                                               ($)      Bonds       ($)      Bonds
        2 BEDROOM FLATS/UNITS continued                                                                             3 BEDROOM TOWNHOUSES continued
             4102       Buranda/ Dutton Park/ Wooloongabba                   $400        65    $400       46                        North - Inner                                           $410       100        $410        89
             4169       East Brisbane/ Kangaroo Point                        $410       209    $420      216              4011      Clayfield/ Hendra                                       $545          9       $525          8
                        North - Inner                                        $330       773    $320      760              4012      Nundah/ Toombul/ Wavell Heights                         $390         27       $380        17
             4007       Ascot/ Hamilton                                      $350       108    $350      119              4030      Lutwyche/ Windsor/ Wooloowin                            $450         16       $420        11
             4010       Albion                                               $335        29    $340       24              4031      Gordon Park/ Kedron                                     $400         11       $400        10
             4011       Clayfield/ Hendra                                    $325       138    $315      133              4051      Alderley/ Enogerra/ Newmarket/ Wilston/ etc.            $415         33       $400        33
             4012       Nundah/ Toombul/ Wavell Heights                      $350       179    $345      213                        North - Outer                                           $355       238        $355       136
              4030      Lutwyche/ Windsor/ Wooloowin                          $300       90    $300      103              4013      Northgate                                               $380         12       $360          7
              4031      Gordon Park/ Kedron                                   $300       86    $300       72              4017      Bracken Ridge/ Brighton/ Deagon/ Sandgate/ etc.         $350       119        $350        40
              4051      Alderley/ Enogerra/ Newmarket/ Wilston/ etc.          $330      143    $315       96              4018      Fitzgibbon/ Taigum                                      $345         25       $340        24
                        North - Outer                                         $320      229    $320      196              4032      Chermside/ Chermside West                               $420         37       $380        21
              4013      Northgate                                             $300       19    $280       20              4034      Aspley/ Boondall/ Carseldine/ Geebung/ Zillmere         $365         45       $360        44
              4014      Banyo/ Nudgee/ Virginia                               $340       13    $300       10                        North West - Inner                                      $460         17       $450        14
              4017      Bracken Ridge/ Brighton/ Deagon/ Sandgate/ etc.       $280       22    $270       18              4059      Kelvin Grove/ Red Hill                                  $460          8       $420          6
              4032      Chermside/ Chermside West                             $335      101    $330      101              4060      Ashgrove                                                $400          5        n.a.         2
              4034      Aspley/ Boondall/ Carseldine/ Geebung/ Zillmere       $320       70    $310       42                        North West - Outer                                      $390         49       $375        59
                        North West - Inner                                    $350      120    $350      128              4053      Everton Park/ McDowall/ Mitchelton/ Stafford/ etc.      $390         40       $375        40
              4059      Kelvin Grove/ Red Hill                                $365       81    $360       77              4054      Arana Hills/ Keperra                                    $350          7       $350          8
              4060      Ashgrove                                              $340       32    $350       43                        South - Inner                                           $400       134        $385       132
              4065      Bardon                                                $285        7    $235        8              4103      Annerley/ Fairfield                                     $440         23       $410         14
                        North West - Outer                                    $300       52    $320       54              4104      Yeronga                                                 $430         10       $420          9
              4053      Everton Park/ McDowall/ Mitchelton/ Stafford/ etc.    $300       49    $320       52              4105      Moorooka/ Tennyson/ Yeerongpilly                        $395         23       $370         16
                        South - Inner                                         $330      427    $310      400              4120      Greenslopes                                             $440         20       $400          9
              4103      Annerley/ Fairfield                                   $310       83    $310      103              4121      Holland Park/ Holland Park West/ Tarragindi             $400         12       $400         10
              4104      Yeronga                                               $325       31    $310       24              4122      Mansfield/ Mt Gravatt/ Wishart/ etc.                    $385         46       $380         74
              4105      Moorooka/ Tennyson/ Yeerongpilly                      $360       93    $295       52                        South - Outer                                           $370       380        $360       325
              4120      Greenslopes                                           $320       95    $310       89              4107      Salisbury                                               $450          7        n.a.         3
              4121      Holland Park/ Holland Park West/ Tarragindi           $320       36    $290       39              4109      Macgregor/ Robertson/ Sunnybank/ etc.                   $390         69       $380         45
              4122      Mansfield/ Mt Gravatt/ Wishart/ etc.                  $360       86    $330       86              4110      Acacia Ridge/ Willawong                                 $320          8       $320          6
                        South - Outer                                         $375       50    $315       56              4112      Kuraby                                                  $360         22       $360         22
              4109      Macgregor/ Robertson/ Sunnybank/ etc.                 $390       36    $385       37              4113      Eight Mile Plains/ Runcorn                              $385       163        $380       142
              4115      Algester/ Parkinson                                   $280        7     n.a.       2              4115      Algester/ Parkinson                                     $350         53       $350         42
                        South East - Inner                                    $340      410    $330      402              4116      Calamvale/ Drewvale/ Stretton                           $360         58       $360         65
              4151      Coorparoo                                             $330      188    $320      144                        South East - Inner                                      $400       218        $400       171
              4152      Camp Hill/ Carina/ Carina Heights/ Carindale          $330       36    $325       41              4151      Coorparoo                                               $440         16       $460         10
              4170      Cannon Hill/ Morningside/ Norman Park/ etc.           $350       89    $330      105              4152      Camp Hill/ Carina/ Carina Heights/ Carindale            $395       114        $380         88
              4171      Balmoral/ Bulimba/ Hawthorne                          $360       97    $370      112              4170      Cannon Hill/ Morningside/ Norman Park/ etc.             $420         57       $420         47
                        South East - Outer                                    $340        7    $300       11              4171      Balmoral/ Bulimba/ Hawthorne                            $490         20       $500         19
              4173      Tingalpa                                              $340        7    $350        8              4172      Murarrie                                                $460         11       $410          7
                        South West - Inner                                    $350      299    $345      291                        South East - Outer                                      $385         60       $380         47
              4068      Chelmer/ Indooroopilly/ Taringa                       $350      268    $350      238              4153      Belmont                                                 $410          9       $395         12
              4075      Corinda/ Graceville/ Oxley/ Sherwood                  $320       31    $300       53              4154      Gumdale/ Ransome/ Wakerley                              $390         28       $380         20
                        South West - Outer                                    $310       22    $310       24              4173      Tingalpa                                                $360         22       $350         12
              4077      Doolandella/ Durack/ Inala/ Richlands                 $176        7     n.a.       4                        South West - Inner                                      $390         57       $370         57
              4078      Ellen Grove/ Forest Lake                              $330       11    $325       14              4068      Chelmer/ Indooroopilly/ Taringa                         $495         17       $470         12
                                                                                                                          4075      Corinda/ Graceville/ Oxley/ Sherwood                    $370         40       $365         45
        3 BEDROOM TOWNHOUSES                                                                                                        South West - Outer                                      $345         93       $380         52
                        BRISBANE CITY COUNCIL AREA                            $380    1,479    $375    1,215              4069      Brookfield/ Chapel Hill/ Fig Tree Pocket/ etc.          $400          5        n.a.         4
                        Bayside                                               $370       61    $360       86              4073      Seventeen Mile Rocks/ Sinnamon Park                     $385          9       $380         16
              4178      Lytton/ Wynnum/ Wynnum West                           $370       38    $355       41              4074      Jindalee/ Mt Ommaney/ Sumner/ Westlake/ etc.            $395         16       $395         17
              4179      Lota/ Manly/ Manly West                               $365       23    $375       45              4077      Doolandella/ Durack/ Inala/ Richlands                   $330         39        n.a.         2
                        City Inner                                            $560       72    $500       47              4078      Ellen Grove/ Forest Lake                                $320         21       $330          8
              4000      Brisbane City/ Spring Hill                            $540        6     n.a.       3
              4005      New Farm                                              $700        5    $500        5
              4006      Bowen Hills/ Fortitude Valley/ Herston/ Newstead      $550       10    $540        9
              4064      Milton/ Paddington                                    $570       11    $480        8
              4066      Auchenflower/ Toowong                                 $480       10    $450        7
              4067      St Lucia                                              $550       13    $550        5
              4101      Highgate Hill/ South Brisbane/ West End               $580       15     n.a.       4
                                                                                                                                                                                     Please see page 39 for legend and further notes

Issue 8 - September Quarter 2010                                                                               page 8                                                                                www.reiq.com.au
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Q Mssue 8 Mmbr Iilland

  • 1. Linda Jane Debello Licencee / Director L.J. GILLAND REAL ESTATE Proud to be a REIQ Individual Member Y O U R S TAT E - W I D E P R O P E R T Y R E S E A R C H G U I D E - S U B U R B B Y S U B U R B MAR K E T QUEENSLAND MONITOR Issue 8 www.reiq.com.au Opportunities stack up for buyers 10% Deposit - it just makes sense Click here to discover how a Deposit Power Guarantee can secure a 10% deposit. www.reiq.com.au
  • 2. QUEENSLAND MAR K ET MONITOR COnTEnTS State-wide Summary.................................. page 2 Queensland Market Monitor is published by The Real Estate Institute of Queensland (REIQ). Regional Overview ABN 49 009 661 287 [Houses, Units & Townhouses, Vacant land, Rents] 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 Brisbane City.......................................... page 4 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 Brisbane Surrounds.............................. page 9 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 Gold Coast City..................................... page 14 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, Toowoomba Regional........................... page 16 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, Sunshine Coast City............................ page 18 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, Fraser Coast Regional.......................... page 21 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 Bundaberg Regional.............................. page 22 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 Gladstone Regional............................... page 24 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 Rockhampton Regional......................... page 25 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 Mackay Regional.................................... page 27 the express permission of the publisher. For permissions or reprints, contact the Market Place Strategy Division on phone 07 3249 7347. Townsville City........................................ page 29 Cairns Regional...................................... page 31 PUBLISHED: 10 December 2010 Other Regional Areas............................ page 33 The Real Estate Institute of Queensland Ltd. Copyright © 2010 Rental Yields & Vacancy Rates................ page 37 21 Turbo Drive, Coorparoo, PO Box 1555, Coorparoo DC Q 4151 Research Methodology............................. page 38 Ph: (07) 3249 7347 Fax: (07) 3249 6211 Email: research@reiq.com.au Explanatory Notes........................................ page 39 SEPTEMBER QUARTER 2010 STATE-WIDE SUMMARY Median house and unit prices SnAPSHOT OF lGA DATA The Queensland residential property market proved resilient SEPTEMBER QUARTER 2010 HOUSES in the September quarter even as the wider economy came to LOCAL GOVERNMENT AREA Median Change grips with six almost consecutive interest rates increases, and Sale Price over qtr the uncertainty surrounding the Federal Election during that SOUTHEAST QUEENSLAND time. BRISBANE (SD) $447,500 -2.7% However, agents across most of the State are reporting tough BRISBANE CITY $531,170 -1.3% market conditions partly due to a lack of committed buyers. IPSWICH CITY $310,000 -4.6% Sellers, therefore, are being more realistic about their price LOGAN CITY $355,000 -2.7% expectations which mean significant buying opportunities MORETON BAY REGIONAL $396,000 -2.7% currently exist. Across the state, preliminary sales numbers REDLAND CITY $450,500 -3.8% were subdued in many areas with median prices experiencing GOLD COAST CITY $480,000 -3.0% slight rises or falls. SUNSHINE COAST REGIONAL $455,000 -3.2% Agents are reporting that there is no urgency amongst buyers MAJOR REGIONAL CENTRES who have recognised that they are in the box seat. However, BUNDABERG REGIONAL ~ $272,000 -4.6% there appears to be a significant discrepancy between what CAIRNS REGIONAL $364,000 1.7% buyers are prepared to pay and what sellers will accept, even FRASER COAST REGIONAL $297,500 -0.8% after they have lowered their price expectation, which is GLADSTONE REGIONAL $392,000 5.9% resulting in stock remaining unsold on the market. MACKAY REGIONAL $392,500 -0.6% The strength of the mining sector has underpinned robust ROCKHAMPTON REGIONAL $315,000 -1.6% results in Gladstone specifically, as well as to a lesser degree in TOOWOOMBA REGIONAL $289,000 1.4% Toowoomba over the quarter. TOWNSVILLE CITY $365,000 -3.9% The Gladstone median house price increased 5.9 per cent to $392,000 since the June quarter. Please see page 39 for legend and further notes Issue 8 - September Quarter 2010 page 2 www.reiq.com.au
  • 3. BRISBAnE CITY SEPTEMBER QUARTER 2010 STATE-WIDE SUMMARY Gladstone’s property market was buoyed by the potential of QUEENSLAND HOUSE SALES the LNG projects earmarked for the region over the quarter. QUEENSLAND HOUSE SALES <$350,000 <$500,000 <$1m $1m+ With three multibillion-dollar LNG projects provisionally <$350,000 <$500,000 <$1m $1m+ approved since that time, demand for property has increased SEP 10 2815 3597 2309 224 markedly. SEP 10 2815 3597 2309 224 Investors and prospective mine employees have been waiting JUN 10 2730 3787 2639 260 for the announcements and have moved quickly to secure JUN 10 2730 3787 2639 260 property in the region. There are reports of investors buying multiple properties. MAR 10 2902 4015 2693 241 MAR 10 2902 4015 2693 241 The median house price in Toowoomba increased 1.4 per cent to $289,000 over the quarter and was up 7.4 per cent over the year. There is plenty of buyer inquiry in the region given Toowoomba’s location near the Surat Basin Energy Province however confidence needs to improve for activity to increase QUEENSLAND UNIT SALES QUEENSLAND UNIT SALES significantly. <$250,000 <$350,000 <$500,000 <$1m $1m+ <$250,000 <$350,000 <$500,000 <$1m $1m+ The Cairns residential property market experienced a median 121 SEP 10 623 1228 1192 638 house price increase over the September quarter as well as SEP 10 623 1228 1192 638 121 a rise in preliminary sales numbers. Its median house price increased 1.7 per cent to $364,000 while sales numbers were JUN 10 604 1285 1469 733 124 JUN 10 604 1285 1469 733 124 up about 20 per cent over the period. SALES QUEENSLAND HOUSE The sound result was possibly due to some astute buyers recognising that the <$350,000 <$500,000 <$1m $1m+ MAR 10 597 1352 1425 716 158 market was at, or near, the bottom of its cycle. MAR 10 597 1352 1425 716 158 SEP 10 2815 3597 2309 224 The Queensland unit and townhouse market held its ground over the quarter with median prices relatively steady but preliminary sales numbers down by about 10 per cent. JUN 10 2730 3787 2639 260 decreases in preliminary sales numbers partly due to the near- QUEENSLAND LAND SALES completion of sales in new residential developments. Reduced demand in the $350,000 to $500,000 price was most QUEENSLAND LAND SALES <$250,000 <$350,000 <$500,000 <$1m $1m+ evident, with preliminary sales numbers down 19 per cent MAR 10 2902 4015 2693 241 Across Queensland there were about 1,619 preliminary$1m+ <$250,000 <$350,000 <$500,000 <$1m sales compared to the June quarter. This can be attributed to lower 38 of vacant urban land over the quarter, down about 13 per cent 38 levels of activity from first home buyers and investors. on the10 SEP previous quarter. 1277 was reduced 216 82 6 of sales SEP 10 There 1277 numbers6 216 82 across all price points over the period. 43 Toowoomba was the strongest performer for units and 43 Ipswich region experienced the highest increase in 9 1422 281 97 JUN 10 townhouses over the period with a median price increase of The JUN 10 1422 281 97 9 QUEENSLAND UNIT SALES 6.4 per cent to $240,000 and preliminary sales numbers up by preliminary sales over the period with 55 more preliminary43 43 5 per cent. <$250,000 <$350,000 <$500,000 <$1m $1m+ land sales recorded than the previous quarter. This is mainly MAR 10 1373 317 97 15 MAR 10 1373 317 97 15 due to the release of new residential developments in Brassall Ipswich and Bundaberg also fared well with median unit and SEP 10 623 1228 1192 638 121 and Redbank Plains where sales were up 45 and 20 respectively townhouse price increases of 4.5 per cent to $257,000 and 3.7 over the September quarter. per cent o $250,000 respectively. JUN 10 604 1285 1469 733 124 Median land prices Median rents MAR 10 597 1352 1425 716 158 Over the year to September, median rents across Queensland Demand and median prices for land across Queensland held recorded relatively minor price adjustments given the interest relatively steady over the quarter with the exception of the rate environment remained historically low over the that Gold and Sunshine coasts which experienced significant period. However, demand is increasing in most areas as many buyers stay on the sidelines. QUEENSLAND LAND SALES The REIQ’s September 2010 residential rental survey of property <$250,000 <$350,000 <$500,000 <$1m $1m+ managers found vacancy rates easing slightly in South East 38 Queensland, with the exception of the Sunshine Coast which SEP 10 1277 216 82 6 has seen residential rental demand increase marginally. 43 Regional Queensland is experiencing tighter vacancy rates JUN 10 1422 281 97 9 in most major centres, albeit with many still recording rates 43 in excess of 3 per cent. The resources industry is again MAR 10 1373 317 97 15 having an impact in areas such as Bundaberg, Gladstone and Rockhampton – all reporting vacancy rates substantially lower than those recorded in March. Issue 8 - September Quarter 2010 page 3 www.reiq.com.au
  • 4. QUEENSLAND MAR K ET MONITOR BRISBAnE CITY Median house and unit prices The Brisbane residential property market was impacted by subdued buyer demand over the September quarter. BRISBANE CITY HOUSE SALES <$350,000 <$500,000 <$1m $1m+ The Brisbane median house price decreased 1.3 per cent to 137 $531,170 over the period. The preliminary number of house SEP 10 780 1177 124 SEP 1 sales was down by about 13 per cent over the quarter. 141 In Brisbane’s eastern suburbs, agents are reporting a cautious JUN 10 881 1373 141 JUN 1 but positive mood with increased inquiry. A reasonable 127 number of sales over a quite broad range of property prices MAR 10 863 1259 120 MAR 1 and types are taking place, however there is no real sense of urgency from buyers. Brisbane’s westerns suburbs stole the limelight this quarter with The Gap recording the city’s highest increase in BRISBANE SURROUNDS' HOUSE SALES preliminary sales numbers over the year (up about 20 per BRISBANE CITY UNIT SALES <$350,000 <$500,000 <$1m $1m+ cent) and St Lucia’s annual median tipping the $1 million mark <$250,000 <$350,000 <$500,000 <$1m $1m+ and recording the highest increase in the median thanks to 41 SEP 10 815 1009 328 16 SEP 1 performance at the upper end of the market. SEP 10 265 628 270 37 SEP On the south side, Forest Lake, Sunnybank Hills and Calamvale 44 JUN 10 775 1111 424 14 JUN 1 continue to record high sales volumes however agents are JUN 10 254 684 282 47 JUN reporting a lack of urgency on behalf of both buyers and 50 sellers. The up-grader suburbs of Camp Hill, Carindale and MAR 10 839 1147 454 13 MAR 1 MAR 10 255 645 242 30 MAR Mount Gravatt East also performed well over the year with INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL preliminary sales numbers holding steady. The median Brisbane unit and townhouse price decreased 0.5 GOLD COAST HOUSE SALES per cent to $408,000 over the quarter, with preliminary sales BRISBANE SURROUNDS' UNIT SALES <$350,000 <$500,000 <$1m $1m+ numbers also easing slightly during that time. <$250,000 BRISBANE CITY <$500,000SALES <$350,000 LAND $500,000+ 24 <$250,000 <$350,000 <$500,000 $500,000+ Steady performers over the quarter included Albion, Carina, SEP 10 433 332 49 SEP 1 Coorparoo, Sunnybank Hills and Tingalpa. Carina, particularly, SEP 10 20 113 231 71 38 SEP SEP 10 38 54 34 15 recorded solid results with a 3 per cent median price rise to JUN 10 417 364 54 JUN 1 $432,500 as well as a preliminary sales numbers more than JUN 10 16102 224 110 45 JUN doubling – to 26 – compared to the June quarter. JUN 10 54 49 36 15 MAR 10 434 422 58 MAR 1 There have been new starts on a number of small/medium MAR 10 104 240 101 55 MAR developments in the eastern suburbs, including waterfront MAR 10 26 55 47 12 sales in Kangaroo Point where one of Brisbane’s top unit sales INCLUDES REDLAND, LOGAN, IPSWICH & MORETON BAY REGIONAL for the year to September was recorded for a unit in Castlebar SUNSHINE COAST HOUSE SALES Ave selling for $4.5 million. GOLD COAST UNIT SALES $1m+ <$350,000 <$500,000 <$1m Median rents BRISBANE SURROUNDS'26 <$250,000 68 <$350,000 <$500,000 SALES LAND <$1m $1m+ Vacant land prices The SEP 10 <$250,000 a three-bedroom <$500,000 Brisbane median rent for 322 <$350,000 189 house in $500,000+ SEP 1 The median price of vacant land in Brisbane increased 5.2 per increased $10 to $380 per week between 191 50 SEP 10 104 46 374 282 September 2009 and 40 SEP cent to $315,000 over the quarter. Preliminary sales numbers September this year.348 median rent for a two-bedroom12 8 SEP 10 JUN 10 The 436 226 77 unit JUN 1 were steady over the period but were down over the year. also increased $10 to $365 per week over the same period. JUN 10 123 428 405 258 46 JUN 50 41 Fitzgibbon, about 16km north of Brisbane, was the best Agents in JUN 10 417 96 27 3 inner Brisbane are reporting some oversupply issues MAR 10 396 290 MAR 1 performing suburb with a median price rise of 4.4 per cent which is resulting in downward pressure on rents.278 RTA MAR 10 99 415 407 The 91 MAR to $234,950 over the quarter and the most preliminary sales reports median rents remaining relatively stable in the majority MAR 10 418 106 17 8 number at 19. These results can be attributed to Fitzgibbon of the inner city area. With the end of the university year now being a declared Urban Development Area. New development here, international IPSWICH & MORETON BAY REGIONAL returned home. INCLUDES REDLAND, LOGAN, students have also at Fitzgibbon will provide a range of housing choices to cater Brisbane’s outer SUNSHINE COASTaUNIT SALES suburbs are seeing number of break lease for the diverse needs of the northern Brisbane community situations and many agents are reportingSALES enquiry $1m+ GOLD<$350,000 LAND tenant <$1m COAST <$500,000 <$250,000 through a mix of densities, types, designs, price points and having slowed considerably. However, with many also <$250,000 <$350,000 <$500,000 $500,000+ home ownership and rental options. reporting a 46 in investor activity, supply 77 not increased drop has 24 SEP 10 140 99 SEP which as resulted in vacancy rates holding steady at 2.6 per SEP 10 52 25 16 cent. JUN 10 45 139 146 87 19 JUN Please see page 39 for legend and further notes JUN 10 83 41 8 14 Issue 8 - September Quarter 2010 page 4 www.reiq.com.au
  • 5. BRISBAnE CITY MEDIAN SALES DATA MEDIAN SALES DATA Suburb/ Number of Sep change 12 mths to change change Suburb/ Number of Sep change 12 mths to change change Locality Sales Sep Qtr over the end of over over Locality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr Sep 2010 1yr 5yrs Qtr 2010 2010 qtr Sep 2010 1yr 5yrs HOUSES HOUSES continued BRISBANE (SD) 4,386 $447,500 -2.7% $460,000 10.8% 46.3% GRANGE ~ 4 N/A N/A $678,750 -0.5% 56.0% BRISBANE (SD) ^ 328 $590,000 2.6% $590,000 9.3% 37.2% GREENSLOPES ~ 16 $591,500 -7.9% $624,000 20.0% 64.2% BRISBANE CITY (LGA) 2,218 $531,170 -1.3% $540,000 12.5% 49.2% HAMILTON ~ 13 $750,000 N/A $1,000,000 -16.0% 25.0% BRISBANE CITY (LGA) ^ ~ 44 $1,087,500 8.8% $1,095,000 25.9% 50.0% HAWTHORNE ~ 13 $820,000 N/A $850,000 24.1% 40.5% ACACIA RIDGE ~ 16 $317,500 -13.0% $337,500 3.2% 46.7% HEMMANT 8 N/A N/A $430,000 6.8% 45.8% ALBION 5 N/A N/A $650,000 N/A 66.7% HENDRA ~ * 10 $863,750 20.0% $800,000 21.2% 64.9% ALDERLEY 14 $625,000 1.2% $612,000 4.2% 47.5% HERSTON 4 N/A N/A $666,000 N/A N/A ALGESTER ~ 20 $397,550 -7.5% $422,000 8.2% 47.0% HIGHGATE HILL 3 N/A N/A $805,000 13.1% 46.4% ANNERLEY ~ 12 $554,500 -7.6% $597,500 14.9% 59.3% HOLLAND PARK ~ 26 $520,000 -7.1% $543,000 11.2% 55.1% ASCOT ~ 6 N/A N/A $1,212,500 30.0% 49.7% HOLLAND PARK WEST 16 $560,000 -6.4% $557,000 9.2% 61.4% ASHGROVE ~ 26 $798,750 17.5% $677,875 7.6% 53.0% INALA ~ G 30 $300,000 45.5% $296,000 2.1% 57.3% ASPLEY 22 $461,000 -6.6% $468,000 2.9% 38.8% INDOOROOPILLY ~ 15 $600,000 -11.1% $665,000 9.9% 25.5% AUCHENFLOWER 4 N/A N/A $800,000 9.3% 48.1% JAMBOREE HEIGHTS 7 N/A N/A $432,000 4.2% 47.9% BALD HILLS ~ 17 $395,000 2.6% $391,000 -0.4% 47.5% JINDALEE ~ 14 $484,000 -7.8% $495,000 10.7% 43.1% BALMORAL 8 N/A N/A $799,000 13.3% 59.8% KARANA DOWNS ^ 2 N/A N/A $520,000 11.8% 35.9% BANYO 26 $412,500 -4.1% $430,000 12.6% 56.1% KARANA DOWNS ~ 1 N/A N/A $405,000 -3.3% 47.3% BARDON ~ 30 $700,000 -12.7% $785,500 17.2% 58.7% KEDRON 19 $546,000 1.6% $540,000 11.8% 56.5% BELLBOWRIE ~ 12 $528,500 11.0% $490,000 14.2% 42.0% KELVIN GROVE 7 N/A N/A $632,000 5.4% 43.6% BELMONT 7 N/A N/A $589,000 10.1% 54.0% KENMORE 21 $565,000 -2.6% $565,000 13.0% 50.1% BOONDALL 18 $419,500 -0.8% $423,000 3.2% 36.3% KENMORE HILLS 3 N/A N/A $690,000 N/A 32.7% BRACKEN RIDGE 37 $410,000 -4.7% $419,500 2.3% 36.2% KEPERRA 14 $451,000 4.7% $435,000 6.1% 50.0% BRIDGEMAN DOWNS ~ 10 $672,500 -7.9% $706,750 14.0% 35.3% KURABY 8 N/A N/A $549,000 12.8% 41.7% BRIGHTON 35 $398,000 -4.1% $420,000 10.5% 48.4% LOTA 4 N/A N/A $472,000 1.1% 30.6% BULIMBA 26 $870,000 -1.0% $900,000 16.9% 36.9% MACGREGOR 13 $535,000 -3.1% $535,000 9.6% 40.8% BURBANK ^ ~ 5 $1,430,000 N/A $1,187,500 N/A N/A MACKENZIE 3 N/A N/A $620,000 N/A 37.8% CALAMVALE 33 $545,000 -2.3% $525,000 9.4% 48.3% MANLY ~ 8 N/A N/A $700,000 22.8% 49.6% CAMP HILL ~ 32 $707,750 8.9% $657,500 16.4% 51.1% MANLY WEST 25 $482,000 3.0% $506,000 8.8% 45.4% CANNON HILL 16 $572,500 -2.1% $570,000 16.8% 52.0% MANSFIELD 20 $500,000 4.7% $510,000 12.6% 54.3% CARINA 23 $535,000 7.0% $523,500 12.6% 49.6% MCDOWALL ~ 14 $605,000 11.5% $550,000 8.8% 33.8% CARINA HEIGHTS 7 N/A N/A $530,000 10.4% 46.8% MIDDLE PARK ~ 13 $545,000 13.5% $542,000 11.3% 41.7% CARINDALE 34 $665,750 -3.2% $700,000 11.8% 45.8% MITCHELTON 21 $545,000 3.8% $521,000 11.1% 65.4% CARSELDINE 9 N/A N/A $535,500 12.7% 46.8% MOGGILL 9 N/A N/A $485,000 4.3% 33.8% CHANDLER ^ ~ 2 N/A N/A $1,167,500 N/A N/A MOOROOKA 25 $488,000 -6.2% $500,000 10.8% 47.5% CHAPEL HILL 27 $650,000 -3.7% $650,000 9.2% 44.4% MORNINGSIDE ~ 20 $618,500 -8.9% $607,000 16.7% 59.3% CHELMER 8 N/A N/A $890,000 17.4% 50.3% MOUNT CROSBY ^ 3 N/A N/A $560,000 8.6% 45.5% CHERMSIDE 9 N/A N/A $465,000 4.6% 40.9% MOUNT GRAVATT 4 N/A N/A $490,000 4.5% 51.9% CHERMSIDE WEST 13 $485,000 -1.0% $466,337 7.8% 48.4% MOUNT GRAVATT EAST 35 $475,000 -0.8% $479,000 8.9% 44.1% CLAYFIELD ~ 19 $800,000 -10.1% $935,000 19.5% 53.3% MURARRIE ~ 10 $472,500 -9.4% $535,000 17.1% 33.8% COOPERS PLAINS 9 N/A N/A $437,500 8.6% 57.5% NEW FARM ~ 13 $980,000 N/A $1,012,500 19.6% 24.2% COORPAROO 23 $620,000 -1.6% $670,000 15.5% 52.1% NEWMARKET 16 $685,000 N/A $733,000 19.8% 74.5% CORINDA ~ 7 N/A N/A $682,500 20.8% 64.5% NORMAN PARK 20 $685,000 7.7% $665,000 3.9% 55.9% DARRA 7 N/A N/A $374,000 10.0% 66.2% NORTHGATE ~ 10 $459,500 -2.5% $475,500 -3.5% 36.8% DEAGON 8 N/A N/A $410,000 12.5% 49.1% NUDGEE 10 $485,000 N/A $475,000 5.4% 58.3% DOOLANDELLA 7 N/A N/A $405,000 16.0% 55.3% NUNDAH 14 $600,000 -3.2% $583,000 11.6% 55.5% DREWVALE ~ 15 $517,500 10.0% $487,000 9.4% 45.4% OXLEY ~ 22 $425,000 -7.4% $454,000 8.2% 51.3% DURACK 22 $366,250 -5.8% $370,000 11.4% 48.0% PADDINGTON ~ 24 $855,000 0.6% $822,500 22.5% 67.9% EAST BRISBANE 13 $645,000 -5.6% $698,250 12.6% 54.3% PARKINSON ~ 19 $500,000 -9.9% $525,000 11.0% 41.5% EIGHT MILE PLAINS ~ 18 $520,250 -13.3% $600,000 11.1% 46.9% PULLENVALE ^ ~ 8 $1,330,000 19.6% $1,080,000 15.8% 42.1% ENOGGERA 15 $630,000 -0.8% $565,000 12.1% 56.9% RED HILL ~ 22 $670,500 -13.5% $700,000 7.7% 45.5% EVERTON PARK ~ 13 $449,000 -13.2% $491,500 14.3% 48.8% RIVERHILLS 11 $420,000 -3.8% $438,300 8.2% 47.1% FAIRFIELD 6 N/A N/A $585,250 1.3% 55.4% ROBERTSON 5 N/A N/A $714,700 17.2% 41.3% FERNY GROVE ~ 20 $485,000 -10.3% $498,000 2.7% 34.6% ROCKLEA 2 N/A N/A $368,000 2.8% 63.6% FIG TREE POCKET ~ 7 N/A N/A $725,000 -1.7% 55.9% RUNCORN 28 $421,500 -4.1% $430,000 4.6% 47.0% FITZGIBBON 12 $397,500 N/A $418,000 2.0% 45.1% SALISBURY ~ 21 $450,000 -7.9% $450,000 8.4% 49.7% FOREST LAKE ~ 66 $380,000 -8.5% $410,000 10.3% 44.9% SANDGATE 7 N/A N/A $525,000 11.2% 38.2% GAYTHORNE 6 N/A N/A $541,625 4.7% 49.2% SEVEN HILLS 9 N/A N/A $585,000 8.7% 42.6% GEEBUNG 16 $459,000 0.9% $455,000 11.0% 52.9% SEVENTEEN MILE ROCKS 6 N/A N/A $539,750 15.6% 61.8% GORDON PARK 10 $550,500 N/A $585,000 7.3% 42.7% SHERWOOD 7 N/A N/A $710,000 5.3% 60.5% GRACEVILLE ~ 14 $626,250 -18.9% $711,800 9.5% 53.7% SINNAMON PARK 18 $597,500 -6.6% $640,000 10.3% 50.6% Please see page 39 for legend and further notes Issue 8 - September Quarter 2010 page 5 www.reiq.com.au
  • 6. QUEENSLAND MAR K ET MONITOR BRISBAnE CITY MEDIAN SALES DATA MEDIAN SALES DATA Suburb/ Number of Sep change 12 mths to change change Suburb/ Number of Sep change 12 mths to change change Locality Sales Sep Qtr over the end of over over Locality Sales Sep Qtr over the end of over over Qtr 2010 2010 qtr Sep 2010 1yr 5yrs Qtr 2010 2010 qtr Sep 2010 1yr 5yrs HOUSES continued UNITS & TOWNHOUSES continued SPRING HILL 4 N/A N/A $787,500 N/A 39.3% EIGHT MILE PLAINS * 13 $380,000 -1.3% $373,000 4.3% 58.7% ST LUCIA ~ 11 $865,000 N/A $1,035,000 35.1% 43.5% ENOGGERA * 3 N/A N/A $390,000 -4.9% N/A STAFFORD 17 $550,000 6.8% $480,000 6.7% 61.3% EVERTON PARK 2 N/A N/A $369,000 7.0% 50.0% STAFFORD HEIGHTS 19 $465,000 -2.1% $480,000 11.4% 50.0% FORTITUDE VALLEY 37 $395,000 -4.4% $411,000 3.4% 27.4% STRETTON ~ 7 N/A N/A $627,500 -1.2% 25.5% GAYTHORNE * 7 N/A N/A $400,000 N/A 86.7% SUNNYBANK 23 $540,000 -4.8% $545,000 9.0% 50.3% GORDON PARK 8 N/A N/A $357,500 3.6% 33.1% SUNNYBANK HILLS 29 $485,000 -1.0% $510,000 15.3% 47.8% GREENSLOPES 19 $360,000 -2.7% $377,000 4.1% 47.8% TAIGUM ~ 10 $433,500 -9.5% $452,500 8.0% 37.1% HAMILTON ~ * 13 $440,000 -21.4% $527,500 28.7% 32.5% TARINGA ~ 13 $680,000 N/A $761,000 21.3% 49.2% HAWTHORNE 7 N/A N/A $420,625 2.6% 45.0% TARRAGINDI 31 $602,000 5.0% $590,000 15.1% 59.4% HIGHGATE HILL 9 N/A N/A $450,000 5.6% 42.9% THE GAP 37 $560,000 -2.8% $568,000 13.6% 48.3% INDOOROOPILLY ~ * 22 $449,000 -5.0% $465,000 10.2% 40.9% TINGALPA 24 $413,000 -5.5% $440,000 4.9% 46.4% KANGAROO POINT * f 33 $550,000 8.9% $505,000 20.7% 34.7% TOOWONG 8 N/A N/A $710,000 12.7% 59.4% KEDRON 10 $351,250 N/A $335,000 6.0% 46.9% UPPER KEDRON 8 N/A N/A $540,000 4.9% 30.8% KELVIN GROVE * 5 N/A N/A $415,000 -3.5% 27.7% UPPER MOUNT GRAVATT 25 $467,000 -3.7% $473,500 8.9% 50.8% LUTWYCHE 6 N/A N/A $393,000 12.3% 54.1% VIRGINIA 6 N/A N/A $432,000 1.6% 39.4% MOOROOKA * 10 $420,000 -0.2% $420,000 27.3% 75.0% WAKERLEY ~ 27 $590,000 -11.3% $631,500 14.1% 45.2% MORNINGSIDE ~ * 18 $433,750 -6.7% $440,500 4.3% 42.1% WAVELL HEIGHTS 37 $552,000 2.1% $540,250 12.6% 56.6% MOUNT GRAVATT EAST 7 N/A N/A $376,000 7.4% 39.3% WEST END 12 $835,000 N/A $810,000 12.2% 59.8% NEW FARM ~ f * 56 $510,000 -8.1% $527,500 18.5% 38.3% WESTLAKE 11 $687,500 -1.1% $620,000 14.7% 37.0% NEWSTEAD 5 f 3 N/A N/A $499,500 -3.1% 24.6% WILSTON ~ 12 $950,000 15.2% $862,500 17.3% 75.7% NORMAN PARK * 6 N/A N/A $470,500 3.4% 54.3% WINDSOR ~ 11 $580,000 -10.4% $677,500 11.8% 79.1% NORTHGATE * 12 $345,000 N/A $369,500 -9.9% 64.2% WISHART 19 $582,000 4.1% $570,000 15.4% 54.9% NUNDAH * 29 $340,000 -16.0% $382,250 -8.3% 62.7% WOOLLOONGABBA ~ 9 N/A N/A $678,000 20.0% 93.4% PADDINGTON 6 N/A N/A $445,500 3.3% 43.7% WOOLOOWIN 10 $598,000 -2.5% $680,000 13.8% 49.5% RICHLANDS * 1 N/A N/A $335,000 N/A N/A WYNNUM ~ 36 $501,250 -10.5% $538,000 17.0% 43.9% RUNCORN 13 $325,000 -1.8% $339,000 4.3% 45.7% WYNNUM WEST 34 $445,000 1.6% $450,000 2.3% 42.9% SHERWOOD * 8 N/A N/A $412,500 -2.9% 39.8% YERONGA ~ 5 N/A N/A $672,500 -1.0% 38.7% SOUTH BRISBANE ~ f 28 $461,750 8.6% $432,500 8.4% 25.4% ZILLMERE 21 $402,000 1.7% $410,000 9.6% 64.0% SPRING HILL ~ * 22 $352,500 -7.8% $417,000 8.6% 58.6% ST LUCIA ~ * 22 $425,000 -3.7% $440,000 -0.6% 42.6% STAFFORD 6 N/A N/A $415,000 5.7% 72.9% UNITS & TOWNHOUSES SUNNYBANK HILLS 8 N/A N/A $370,500 7.4% 68.4% BRISBANE (SD) 1,697 $375,000 -1.8% $377,000 6.2% 42.3% TAIGUM * 19 $352,000 11.7% $360,000 7.5% 54.2% BRISBANE CITY (LGA) 1,241 $408,000 -0.5% $405,000 6.6% 39.7% TARINGA * 27 $440,000 4.8% $426,250 9.6% 49.6% ALBION 8 N/A N/A $418,000 8.6% 47.2% TENERIFFE * f 26 $582,500 5.9% $550,000 3.4% 42.9% ALDERLEY 6 N/A N/A $376,000 4.7% 49.2% TENNYSON * f 3 N/A N/A $1,015,000 N/A N/A ALGESTER * 7 N/A N/A $347,000 13.8% 25.3% TINGALPA 8 N/A N/A $345,000 7.5% 49.7% ANNERLEY ~ * 22 $412,000 8.7% $365,500 1.5% 53.6% TOOWONG ~ f 32 $425,375 -1.4% $440,000 12.5% 52.1% ASCOT ~ 18 $391,500 -6.8% $405,000 7.3% 35.0% UPPER MOUNT GRAVATT * 8 N/A N/A $380,000 -1.9% 49.9% ASHGROVE 11 $360,000 N/A $405,000 5.9% 44.4% WAKERLEY 6 N/A N/A $392,500 N/A 31.3% ASPLEY 9 N/A N/A $379,000 5.3% 46.9% WEST END * 16 $536,250 3.1% $530,000 1.9% 35.9% AUCHENFLOWER 15 $430,000 -1.6% $430,000 0.1% 31.9% WILSTON 3 N/A N/A $435,000 N/A N/A BALMORAL ~ 6 N/A N/A $499,999 19.8% 54.4% WINDSOR 5 N/A N/A $367,500 8.9% 41.3% BARDON * 8 N/A N/A $625,000 N/A 76.1% WISHART 7 N/A N/A $365,000 3.8% 28.5% BOWEN HILLS 11 $410,000 N/A $426,500 1.5% 27.3% WOOLLOONGABBA * 11 $432,500 7.5% $420,000 6.3% 42.4% BRACKEN RIDGE * 10 $357,000 0.6% $355,000 1.5% N/A WOOLOOWIN ~ * 4 N/A N/A $387,500 16.9% 72.2% BRIDGEMAN DOWNS * 11 $371,000 N/A $369,500 N/A 19.2% WYNNUM 6 N/A N/A $385,000 7.7% 33.4% BRISBANE CITY * f 72 $510,000 13.6% $475,000 8.1% 24.0% WYNNUM WEST 6 N/A N/A $325,000 4.8% 47.7% BULIMBA ~ 15 $513,000 -5.0% $498,000 -1.4% 28.4% YERONGA 10 $436,500 -1.9% $415,000 0.7% 45.6% CALAMVALE * 14 $347,250 8.5% $352,000 0.5% 67.6% ZILLMERE 12 $356,250 -4.4% $365,000 7.4% 69.8% CARINA 26 $432,500 3.0% $430,000 6.6% 34.4% CARINA HEIGHTS 9 N/A N/A $460,000 3.4% 67.3% CARINDALE ~ * 10 $632,500 N/A $528,500 14.9% 106.0% CARSELDINE 7 N/A N/A $360,000 0.6% 50.0% CHERMSIDE 18 $384,000 1.1% $413,500 2.9% 51.9% CLAYFIELD 19 $355,000 -2.1% $367,000 2.8% 50.1% COORPAROO 37 $385,000 4.1% $380,000 8.7% 55.1% CORINDA * f 6 N/A N/A $417,500 -3.1% 72.5% EAST BRISBANE * 27 $455,000 N/A $440,000 17.3% 87.2% Please see page 39 for legend and further notes Issue 8 - September Quarter 2010 page 6 www.reiq.com.au
  • 7. BRISBAnE CITY MEDIAN SALES DATA MEDIAN WEEKLY RENTS Suburb/ Number of Sep change 12 mths to change change Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Postcode Locality Sales Sep Qtr over the end of over over Localities Rent New Rent New Qtr 2010 2010 qtr Sep 2010 1yr 5yrs ($) Bonds ($) Bonds VACANT URBAN LAND 3 BEDROOM HOUSES continued BRISBANE (SD) 676 $200,000 -4.7% $207,000 -3.7% 22.5% 4065 Bardon $430 34 $460 37 BRISBANE (SD) ^ 79 $295,000 3.5% $305,000 1.7% 35.6% North West - Outer $360 232 $360 229 BRISBANE CITY (LGA) * 143 $315,000 5.2% $305,000 9.2% 38.6% 4053 Everton Park/ McDowall/ Mitchelton/ Stafford/ etc. $360 154 $360 142 BRISBANE CITY (LGA) ^ ~ 10 N/A N/A $675,000 50.0% -3.6% 4054 Arana Hills/ Keperra $360 51 $350 51 BRIDGEMAN DOWNS * 1 N/A N/A $399,000 30.8% N/A 4061 The Gap $390 27 $390 36 CALAMVALE * 9 $342,000 -1.6% $335,000 19.4% 47.8% South - Inner $380 386 $375 363 CARSELDINE * 1 N/A N/A $280,000 0.9% N/A 4103 Annerley/ Fairfield $390 46 $400 52 DOOLANDELLA * 11 $232,000 N/A $230,000 3.6% N/A 4104 Yeronga $410 14 $390 20 DURACK * 9 $215,000 5.9% $212,500 N/A N/A 4105 Moorooka/ Tennyson/ Yeerongpilly $355 53 $350 45 EIGHT MILE PLAINS * 5 $340,000 N/A $346,000 9.8% 21.4% 4120 Greenslopes $420 28 $390 30 FITZGIBBON * G 19 $234,950 4.4% $225,950 N/A N/A 4121 Holland Park/ Holland Park West/ Tarragindi $400 94 $385 96 HEATHWOOD * 2 N/A N/A $233,000 -2.5% 59.6% 4122 Mansfield/ Mt Gravatt/ Wishart/ etc. $370 149 $365 119 SUNNYBANK * 4 N/A N/A $454,000 N/A N/A South - Outer $350 314 $345 339 UPPER KEDRON * 15 $300,000 N/A $297,000 N/A 32.0% 4106 Rocklea $310 6 $330 15 WAKERLEY * 12 $343,750 -17.2% $340,000 22.7% 33.9% 4107 Salisbury $345 27 $350 39 4108 Archerfield/ Coopers Plains $350 41 $340 31 4109 Macgregor/ Robertson/ Sunnybank/ etc. $360 77 $355 87 4110 Acacia Ridge/ Willawong $325 67 $310 54 4112 Kuraby $350 9 $360 7 4113 Eight Mile Plains/ Runcorn $360 54 $350 64 4115 Algester/ Parkinson $360 18 $350 20 MEDIAN WEEKLY RENTS 4116 Calamvale/ Drewvale/ Stretton $365 15 $360 22 Sep Qtr 2010 Sep Qtr 2009 South East - Inner $400 341 $390 377 Suburbs/ Postcode Localities Rent New Rent New 4151 Coorparoo $420 37 $380 43 ($) Bonds ($) Bonds 4152 Camp Hill/ Carina/ Carina Heights/ Carindale $390 123 $390 139 3 BEDROOM HOUSES 4170 Cannon Hill/ Morningside/ Norman Park/ etc. $400 116 $390 119 BRISBANE CITY COUNCIL AREA $380 3,117 $370 3,070 4171 Balmoral/ Bulimba/ Hawthorne $470 56 $440 59 Bayside $370 163 $365 148 4172 Murarrie $390 9 $385 17 4178 Lytton/ Wynnum/ Wynnum West $370 97 $360 88 South East - Outer $375 53 $375 58 4179 Lota/ Manly/ Manly West $375 66 $370 60 4153 Belmont $395 9 $405 12 City Inner $470 292 $450 240 4154 Gumdale/ Ransome/ Wakerley $420 10 $430 8 4000 Brisbane City/ Spring Hill $520 29 $480 19 4173 Tingalpa $370 23 $365 25 4005 New Farm $525 19 $480 17 4174 Hemmant $360 9 $365 8 4006 Bowen Hills/ Fortitude Valley/ Herston/ Newstead $530 12 $480 17 South West - Inner $390 107 $380 114 4064 Milton/ Paddington $450 64 $440 54 4068 Chelmer/ Indooroopilly/ Taringa $420 47 $400 48 4066 Auchenflower/ Toowong $460 34 $450 45 4075 Corinda/ Graceville/ Oxley/ Sherwood $375 60 $360 66 4067 St Lucia $400 14 $350 17 South West - Outer $340 380 $330 352 4101 Highgate Hill/ South Brisbane/ West End $470 50 $495 24 4069 Brookfield/ Chapel Hill/ Fig Tree Pocket/ etc. $400 56 $400 53 4102 Buranda/ Dutton Park/ Wooloongabba $440 33 $450 19 4070 Anstead/ Bellbowrie/ Moggill $360 9 $330 11 4169 East Brisbane/ Kangaroo Point $495 37 $440 28 4073 Seventeen Mile Rocks/ Sinnamon Park $360 20 $350 15 North - Inner $400 341 $390 331 4074 Jindalee/ Mt Ommaney/ Sumner/ Westlake/ etc. $375 79 $350 60 4007 Ascot/ Hamilton $525 23 $450 33 4076 Darra/ Wacol $300 30 $310 27 4010 Albion $350 7 $350 11 4077 Doolandella/ Durack/ Inala/ Richlands $295 73 $290 61 4011 Clayfield/ Hendra $430 44 $489 42 4078 Ellen Grove/ Forest Lake $340 113 $320 125 4012 Nundah/ Toombul/ Wavell Heights $380 63 $370 60 4030 Lutwyche/ Windsor/ Wooloowin $420 50 $420 41 4031 Gordon Park/ Kedron $390 45 $370 40 2 BEDROOM FLATS/UNITS 4051 Alderley/ Enogerra/ Newmarket/ Wilston/ etc. $400 109 $380 98 BRISBANE CITY COUNCIL AREA $365 4,303 $355 4,171 North - Outer $360 383 $350 393 Bayside $295 63 $290 57 4013 Northgate $380 10 $335 17 4178 Lytton/ Wynnum/ Wynnum West $290 41 $290 39 4014 Banyo/ Nudgee/ Virginia $360 48 $360 35 4179 Lota/ Manly/ Manly West $320 22 $290 18 4017 Bracken Ridge/ Brighton/ Deagon/ Sandgate/ etc. $350 104 $340 111 City Inner $440 1,851 $440 1,792 4018 Fitzgibbon/ Taigum $375 29 $350 24 4000 Brisbane City/ Spring Hill $540 322 $530 337 4032 Chermside/ Chermside West $360 53 $360 51 4005 New Farm $450 263 $415 186 4034 Aspley/ Boondall/ Carseldine/ Geebung/ Zillmere $360 119 $350 128 4006 Bowen Hills/ Fortitude Valley/ Herston/ Newstead $460 307 $450 324 4036 Bald Hills $355 20 $350 27 4064 Milton/ Paddington $360 80 $370 62 North West - Inner $450 125 $450 126 4066 Auchenflower/ Toowong $380 221 $365 232 4059 Kelvin Grove/ Red Hill $460 50 $450 44 4067 St Lucia $400 129 $390 112 4060 Ashgrove $430 41 $400 45 4101 Highgate Hill/ South Brisbane/ West End $450 255 $450 277 Please see page 39 for legend and further notes Issue 8 - September Quarter 2010 page 7 www.reiq.com.au
  • 8. QUEENSLAND MAR K ET MONITOR BRISBAnE CITY MEDIAN WEEKLY RENTS MEDIAN WEEKLY RENTS Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Suburbs/ Sep Qtr 2010 Sep Qtr 2009 Postcode Postcode Localities Rent New Rent New Localities Rent New Rent New ($) Bonds ($) Bonds ($) Bonds ($) Bonds 2 BEDROOM FLATS/UNITS continued 3 BEDROOM TOWNHOUSES continued 4102 Buranda/ Dutton Park/ Wooloongabba $400 65 $400 46 North - Inner $410 100 $410 89 4169 East Brisbane/ Kangaroo Point $410 209 $420 216 4011 Clayfield/ Hendra $545 9 $525 8 North - Inner $330 773 $320 760 4012 Nundah/ Toombul/ Wavell Heights $390 27 $380 17 4007 Ascot/ Hamilton $350 108 $350 119 4030 Lutwyche/ Windsor/ Wooloowin $450 16 $420 11 4010 Albion $335 29 $340 24 4031 Gordon Park/ Kedron $400 11 $400 10 4011 Clayfield/ Hendra $325 138 $315 133 4051 Alderley/ Enogerra/ Newmarket/ Wilston/ etc. $415 33 $400 33 4012 Nundah/ Toombul/ Wavell Heights $350 179 $345 213 North - Outer $355 238 $355 136 4030 Lutwyche/ Windsor/ Wooloowin $300 90 $300 103 4013 Northgate $380 12 $360 7 4031 Gordon Park/ Kedron $300 86 $300 72 4017 Bracken Ridge/ Brighton/ Deagon/ Sandgate/ etc. $350 119 $350 40 4051 Alderley/ Enogerra/ Newmarket/ Wilston/ etc. $330 143 $315 96 4018 Fitzgibbon/ Taigum $345 25 $340 24 North - Outer $320 229 $320 196 4032 Chermside/ Chermside West $420 37 $380 21 4013 Northgate $300 19 $280 20 4034 Aspley/ Boondall/ Carseldine/ Geebung/ Zillmere $365 45 $360 44 4014 Banyo/ Nudgee/ Virginia $340 13 $300 10 North West - Inner $460 17 $450 14 4017 Bracken Ridge/ Brighton/ Deagon/ Sandgate/ etc. $280 22 $270 18 4059 Kelvin Grove/ Red Hill $460 8 $420 6 4032 Chermside/ Chermside West $335 101 $330 101 4060 Ashgrove $400 5 n.a. 2 4034 Aspley/ Boondall/ Carseldine/ Geebung/ Zillmere $320 70 $310 42 North West - Outer $390 49 $375 59 North West - Inner $350 120 $350 128 4053 Everton Park/ McDowall/ Mitchelton/ Stafford/ etc. $390 40 $375 40 4059 Kelvin Grove/ Red Hill $365 81 $360 77 4054 Arana Hills/ Keperra $350 7 $350 8 4060 Ashgrove $340 32 $350 43 South - Inner $400 134 $385 132 4065 Bardon $285 7 $235 8 4103 Annerley/ Fairfield $440 23 $410 14 North West - Outer $300 52 $320 54 4104 Yeronga $430 10 $420 9 4053 Everton Park/ McDowall/ Mitchelton/ Stafford/ etc. $300 49 $320 52 4105 Moorooka/ Tennyson/ Yeerongpilly $395 23 $370 16 South - Inner $330 427 $310 400 4120 Greenslopes $440 20 $400 9 4103 Annerley/ Fairfield $310 83 $310 103 4121 Holland Park/ Holland Park West/ Tarragindi $400 12 $400 10 4104 Yeronga $325 31 $310 24 4122 Mansfield/ Mt Gravatt/ Wishart/ etc. $385 46 $380 74 4105 Moorooka/ Tennyson/ Yeerongpilly $360 93 $295 52 South - Outer $370 380 $360 325 4120 Greenslopes $320 95 $310 89 4107 Salisbury $450 7 n.a. 3 4121 Holland Park/ Holland Park West/ Tarragindi $320 36 $290 39 4109 Macgregor/ Robertson/ Sunnybank/ etc. $390 69 $380 45 4122 Mansfield/ Mt Gravatt/ Wishart/ etc. $360 86 $330 86 4110 Acacia Ridge/ Willawong $320 8 $320 6 South - Outer $375 50 $315 56 4112 Kuraby $360 22 $360 22 4109 Macgregor/ Robertson/ Sunnybank/ etc. $390 36 $385 37 4113 Eight Mile Plains/ Runcorn $385 163 $380 142 4115 Algester/ Parkinson $280 7 n.a. 2 4115 Algester/ Parkinson $350 53 $350 42 South East - Inner $340 410 $330 402 4116 Calamvale/ Drewvale/ Stretton $360 58 $360 65 4151 Coorparoo $330 188 $320 144 South East - Inner $400 218 $400 171 4152 Camp Hill/ Carina/ Carina Heights/ Carindale $330 36 $325 41 4151 Coorparoo $440 16 $460 10 4170 Cannon Hill/ Morningside/ Norman Park/ etc. $350 89 $330 105 4152 Camp Hill/ Carina/ Carina Heights/ Carindale $395 114 $380 88 4171 Balmoral/ Bulimba/ Hawthorne $360 97 $370 112 4170 Cannon Hill/ Morningside/ Norman Park/ etc. $420 57 $420 47 South East - Outer $340 7 $300 11 4171 Balmoral/ Bulimba/ Hawthorne $490 20 $500 19 4173 Tingalpa $340 7 $350 8 4172 Murarrie $460 11 $410 7 South West - Inner $350 299 $345 291 South East - Outer $385 60 $380 47 4068 Chelmer/ Indooroopilly/ Taringa $350 268 $350 238 4153 Belmont $410 9 $395 12 4075 Corinda/ Graceville/ Oxley/ Sherwood $320 31 $300 53 4154 Gumdale/ Ransome/ Wakerley $390 28 $380 20 South West - Outer $310 22 $310 24 4173 Tingalpa $360 22 $350 12 4077 Doolandella/ Durack/ Inala/ Richlands $176 7 n.a. 4 South West - Inner $390 57 $370 57 4078 Ellen Grove/ Forest Lake $330 11 $325 14 4068 Chelmer/ Indooroopilly/ Taringa $495 17 $470 12 4075 Corinda/ Graceville/ Oxley/ Sherwood $370 40 $365 45 3 BEDROOM TOWNHOUSES South West - Outer $345 93 $380 52 BRISBANE CITY COUNCIL AREA $380 1,479 $375 1,215 4069 Brookfield/ Chapel Hill/ Fig Tree Pocket/ etc. $400 5 n.a. 4 Bayside $370 61 $360 86 4073 Seventeen Mile Rocks/ Sinnamon Park $385 9 $380 16 4178 Lytton/ Wynnum/ Wynnum West $370 38 $355 41 4074 Jindalee/ Mt Ommaney/ Sumner/ Westlake/ etc. $395 16 $395 17 4179 Lota/ Manly/ Manly West $365 23 $375 45 4077 Doolandella/ Durack/ Inala/ Richlands $330 39 n.a. 2 City Inner $560 72 $500 47 4078 Ellen Grove/ Forest Lake $320 21 $330 8 4000 Brisbane City/ Spring Hill $540 6 n.a. 3 4005 New Farm $700 5 $500 5 4006 Bowen Hills/ Fortitude Valley/ Herston/ Newstead $550 10 $540 9 4064 Milton/ Paddington $570 11 $480 8 4066 Auchenflower/ Toowong $480 10 $450 7 4067 St Lucia $550 13 $550 5 4101 Highgate Hill/ South Brisbane/ West End $580 15 n.a. 4 Please see page 39 for legend and further notes Issue 8 - September Quarter 2010 page 8 www.reiq.com.au