PRDnationwide Ipswich

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Sept. 25, 2019, 12:53 a.m.

South East Queensland Premium Property Report

Buyers are flocking to the South East Queensland (SEQ) premium property market due to affordability, when compared to Sydney and Melbourne median prices. The SEQ premium property market shrunk in 2018 and 2019, partly due to a softening in the Sydney and Melbourne property prices, but also as investor confidence declined. However, SEQ population is projected to increase approximately 49.4% by 2041.

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Sept. 3, 2019, 4:56 a.m.

Metro Strata Report 2019

With the state of residential strata development currently a hot topic nationally, it is important to gain an overall understanding of each Capital City Metro market’s development pipeline. The PRDnationwide Strata Development Pipeline Capital City Metro Areas September 2019 aims to provide a high-level view of total, proceeding, and deferred/abandoned strata developments, both in terms of number of projects and number of units/apartments planned for the market, between 2018-2020.

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Aug. 28, 2019, 6:18 a.m.

Q3 2019 Key Market Indicators – Queensland

Queensland (QLD) has historically been known as the more affordable state for property prices, when compared with New South Wales (NSW) and Victoria (VIC). This continued to be the case in the March quarter of 2019.

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Aug. 22, 2019, 6:50 a.m.

Ipswich Property Factsheet 1st Half 2019

In the 1st half of 2019 Ipswich*, which in this report includes the suburbs of Ipswich, Booval, Brassall, Bundamba, Newtown & Silkstone, recorded a median house price of $320,00 and of $220,000 for units in Q1 2019, which represented annual (Q1 2018 – Q1 2019) price softening of -1.5% and -23.5% respectively. When compared to the Ipswich* 2nd Half 2018 Research Factsheet, which reported an annual (Q3 2017 – Q3 2018) price change of 1.0% (house) and 9.8% (unit), properties have recently become more affordable in Ipswich*.

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June 27, 2019, 7:07 a.m.

Brisbane - Affordable & Liveable Property Guide 1st Half 2019

Between 2017 and 2018/191 the number of houses sold in the Brisbane City Local Government Area (LGA) grew by 8.1%. During this time, the median house price remained stable, growing by 0.7% (to $675,000) and showing market resilience. The Brisbane LGA unit market has seen a sustainable level of price growth, with a median price of $450,000 in 2018/191.

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May 20, 2019, 6:45 a.m.

Q2 2019 Key Market Indicators – Queensland

Queensland (QLD) proves itself to have strong and steady property growth indicators and economic fundamentals, which allows for key property purchasing decisions to be made with confidence in the state. This is particularly crucial in this economic and political climate, where there are many uncertainties within society due to many factors, such as: Federal and State Elections, the potential implementation of the Royal Banking Commission recommendations, and the fluctuating Australian Dollar.

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May 20, 2019, 4:43 a.m.

Q2 2019 Key Market Indicators

Australian consumer sentiment read 100.7 index points in April 2019, exactly on the positive line of 100 index points, indicating that in general, Australians have a positive yet cautious outlook on the economy. This is interesting as the current consumer sentiment is on a -1.7% decline compared to 12 months ago (April 2018), which does not come as a surprise given past events such as: the Royal Banking Commission’s enquiry into the banking and financial sector, the handing down of the Federal Budget 2019, and the announcement of the 18 May 2019 Federal elections.

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April 23, 2019, 2:06 a.m.

Ipswich Property Factsheet 2nd Half 2018

The City of Ipswich consists of urban and rural areas, approx. 44kms southwest from the Brisbane CBD. According to ABS Census 2016 39.7% of occupied private dwellings in Ipswich were rented, which is not only an increase when compared to the 36.8% reported in 2011, but also higher than the Queensland average of 34.2%. This is good news for investors looking to enter the market.

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April 23, 2019, 2:01 a.m.

Ipswich Property Factsheet 2nd Half 2017

Historic Ipswich is shaping to be Queensland’s fastest growing city and is set to be home to nearly half a million people by 2036. The City of Ipswich has launched its Smart City program in May 2017, which aims to enhance its uptake of digital technology as a means to become Australia’s most live-able and prosperous Smart City.

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April 23, 2019, 1:56 a.m.

Ipswich Property Factsheet 1st Half 2018

The Ipswich property market in this report encapsulates aggregate property market conditions in Ipswich, Booval, Brassall, Bundamba, Newtown and Silkstone. The median house price in Q1 2018 was $327,500, which represents an annual price change of 4.0%. Over the same period (Q1 2017 - Q1 2018), house prices in the Ipswich City Council Local Government Area (LGA) softened by -1.3% to $345,000. Hence Ipswich offers a highly unique market whereby houses can be secured at a more affordable price than its LGA, providing great entry price points for first home buyers, whilst also offering a steady and positive capital growth for investors.