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Sept. 30, 2019, 3:15 a.m.
Broome PRD Market Report 2nd Half of 2019
In Q2 2019 Broome recorded a median house price of $450,000, and a median unit price of $178,500. This represents annual (Q2 2018 – Q2 2019) median price softening of -3.4% for houses and -14.8% for units. At the same time (Q2 2018 – Q2 2019), house sales remained steady, whilst unit sales increased from 4 to 12 sales. A decline in average days on market to 74 days for houses suggests demand is improving for houses in Broome.
Sept. 26, 2019, 2:43 a.m.
Coolum Beach Research Factsheet 1st Half 2019
Coolum Beach recorded a median house price of $679,000 and $433,200 for units in Q1 2019. This is an annual (Q1 2018-Q1 2019) slight softening of -1.6% for house and a strengthening of 14.0% for units. Compared to Coolum Beach 2nd half 2018 Research Factsheet, which reported an annual (Q3 2017 – Q3 2018) median price change of 6.5% (house) and 12.7% (units), houses in Coolum Beach* have become more affordable whilst units have strengthened in value.
Sept. 26, 2019, 2:35 a.m.
Agnes Water Research Factsheet 1st Half of 2019
Agnes Water recorded a median house price of $400,000 and $300,000 for units in the 1st half 2019. These figures represented an annual (1st half 2018- 1st half 2019) price strengthening of 1.9% for house and 7.7% for units. Compared to the Agnes Water 2nd half 2018 Research Factsheet, which reported an annual (2nd half 2017- 2nd half 2018) median price change of -1.0% (house) and 3.0% (units), properties in Agnes Water have strengthened in value, particularly for units.
Sept. 26, 2019, 2:28 a.m.
Liverpool Research Factsheet 1st Half of 2019
Liverpool*, which in this report refers to the Liverpool Local Government Area (LGA), recorded a median price of $755,000 for house and $520,000 for units in Q1 2019. This represents an annual (Q1 2018-Q1 2019) median price softening of -4.1% for houses and strengthening of 3.4% for units. Compared to the Liverpool* Research Factsheet 2nd Half 2018, which reported an annual (Q3 2017-Q3 2018) median price softening of -1.9% (house) and -3.3% (units), houses in Liverpool* have become more affordable whereas units have strengthened in value.
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.
Sept. 25, 2019, 12:20 a.m.
Bungendore PRD Market Update 2nd Half of 2019
In Q2 2019, Bungendore recorded a median house price of $750,000, and a median vacant land price of $305,500. This represents an annual (Q2 2018 – Q2 2019) unchanged median price for houses (0.0%) and growth of 14.2% for vacant land. In this time total sales for houses declined by -48.7% (to 20 sales) whilst vacant land sales increased by 25.0% (to 5 sales). Given the stable trend in median house price and reduced competition, now is an ideal time to buy.
Sept. 25, 2019, 12:18 a.m.
Roseville-Lindfield PRD Market Update 2nd Half of 2019
In Q2 2019, Roseville-Lindfield recorded a median house price of $2,260,000, & a median unit price of $885,000. This represents annual (Q2 2018 – Q2 2019) median price softening of -10.7% for houses and -11.3% for units. Between Q2 2018 – Q2 2019, total sales for houses remained stable, whilst units declined by -9.7%. Properties in Roseville-Lindfield have become significantly more affordable; thus, buyers are encouraged to enter the market and take advantage.
Sept. 25, 2019, 12:14 a.m.
Runaway Bay Market Report 2nd Half of 2019
In Q2 2019, Runaway Bay recorded a median house price of $800,000 (71 sales), and a median unit price of $510,000 (126 sales). This represents annual (Q2 2018 – Q2 2019) median price growth of 5.3% (house) and 22.3% (unit). During this time total sales slowed, by -33.6% (house) and -46.2% (unit). The Runaway Bay property market has shown capital growth resilience and an underlying supply issue. Increasing property values and less competition in Runaway Bay creates an ideal environment for sellers to act.
Sept. 25, 2019, 12:07 a.m.
Palm Beach Market Report 2nd half of 2019
In Q2 2019, Palm Beach recorded a median house price of $820,000 (40 sales), and a median unit price of $430,000 (68 sales). This represents annual (Q2 2018 – Q2 2019) median price growth of 3.8% for houses, whilst units were stable. During this time both houses and units sales increased, by 14.3% and 28.3% respectively. Traditionally an increase in sales may result in median price softening, however this is not the case for Palm Beach. The market is picking up momentum and driven by demand, a healthy sign for investors.
Sept. 25, 2019, 12:05 a.m.
Robina Market Report 2nd Half of 2019
In Q2 2019, Robina recorded a median house price of $640,000 (62 sales), and a median unit price of $427,000 (45 sales). This represents annual (Q2 2018 – Q2 2019) median price softening of -5.0% for houses and -5.1% for units. During this time both house and unit sales slowed, by -16.2% and -30.8% respectively. The Robina property market has become more affordable, which presents an ideal time for first home buyers and investors to enter the market.