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April 23, 2018, 5:15 a.m.
Melton Research Factsheet 1st Half 2018
The property market in Melton is booming. During Q1 2018 the Melton property market recorded a median house price of $415,000 and $340,000 for units, which represents an annual price change of 38.3% and 38.5% respectively. Strong demand in Melton is currently driving the increase in property prices, which has resulted in a decrease in residential stock available on the market. Investors need to enter the market and buy now as future demand looks set to strengthen.
April 17, 2018, 7:25 a.m.
Creswick Research Factsheet 1st Half of 2018
The Creswick property market recorded a median house price of $330,000 and $125,000 for vacant land in Q4 2017, representing an annual price change of 11.9% and 25.0% respectively. Over the same period of time house prices in Hepburn Shire grew by 1.1% to $460,000 and vacant land prices grew by 25.0% to $200,000. Creswick property prices are well below the Hepburn Shire area, uniquely providing home owners and investors great opportunities of affordability and significant positive capital growth.
April 17, 2018, 2:29 a.m.
Hunter Valley Research Factsheet 1st Half of 2018
The Hunter Valley property market recorded a median house price of $450,000 and $335,000 for units in Q4 2017, representing an annual price change of 8.4% and 17.5% respectively. Over the same period of time house prices in Maitland City Council LGA grew by 5.5% to $453,000 and unit prices grew by 27.1% to $349,500. Hunter Valley house prices are on par with that of the Maitland City council, whilst units are slightly more affordable. Both Hunter Valley and the wider LGA present a more affordable option to those looking outside of Sydney, with strong capital growth.
April 17, 2018, 2:12 a.m.
Tweed Coast Research Factsheet 1st Half 2018
The Tweed Coast property market recorded a median house price of $820,000 and $507,500 for units in Q4 2017, representing an annual price change of 12.9% and 16.5% respectively. Over the same period (Q4 2016-Q4 2017), the median sales prices in Tweed Shire Council grew by 9.0% (to $631,500) for houses and by 13.2% (to $400,000) for units. Compared to the Region, Tweed Coast is a premium and sought-after market, both from a higher entry price point and stronger capital growth perspectives.
April 17, 2018, 1:45 a.m.
Coolangatta Research Factsheet 1st Half of 2018
Over the past 12 months leading up to Q4 2017, the Coolangatta market, which for this report captures all of the Gold Coast LGA, recorded a median house price of $645,000, reflecting an annual price growth of 4.9% - while median unit price remained stable at $415,000. Over the same period of time, house prices in Tweed Shire Region grew by 10.1% to $637,500 and unit prices grew by 13.2% to $400,000. Compared to the Tweed Shire Region, Gold Coast LGA is a premium market with promising capital growth.
April 17, 2018, 12:02 a.m.
Ashmore and Molendinar Research Factsheet 1st Half of 2018
The Ashmore and Molendinar aggregate property market recorded a median house price of $632,500 and $345,000 for units in Q4 2017, representing an annual price growth of 6.3% and 0.4% respectively. Over the same period of time (Q4 2016-Q4 2017) house prices in the Gold Coast City Region grew by 4.9% to $645,000 while unit prices remained stable at $415,000. This indicates Ashmore and Molendinar as a more attractive option for both first home buyers and investors, as when compared to the wider Gold Coast LGA it uniquely provides a combination of affordability and positive capital growth.
April 16, 2018, 11:50 p.m.
Robina Research Factsheet 1st Half of 2018
Robina property market recorded a median house price of $710,000 and $475,000 for units in Q4 2017, representing an annual growth of 3.6% and 9.8% respectively. Over the same period of time house prices in the Gold Coast City Region grew by 4.9% to $645,000 while unit prices remained stable at $415,000. Compared to the Gold Coast region, the Robina property market is a premium and sought-after market, with unit owners benefitting from stronger capital growth.
April 16, 2018, 11:42 p.m.
Southport Research Factsheet 1st Half of 2018
The combined suburbs of Southport, Labrador and Biggera Waters recorded a median house price of $581,750 and $370,000 for units in Q4 2017, representing an annual price change of 4.5% and 0.1% respectively. Over the same period of time, median house prices in Gold Coast LGA has grown by 4.9% to $645,000, while median unit price remained stable at $415,000. In comparison to the Gold Coast LGA, the combined suburbs of Southport, Labrador and Biggera Waters provides the unique combination of a more affordable option, yet with on par (for house) or higher (for units) capital growth.
April 12, 2018, 6:52 a.m.
Junee Research Factsheet 1st Half 2018
The Junee property market recorded a median price of $249,500 for houses in the 2nd half of 2017, signifying 6.4% annual growth. This suggests real capital growth as over the same period of time (2nd half 2016 - 2nd Half 2017) the number of house sales also increased, by 5.9%. Junee Shire LGA recorded a median price of $250,000 in 2nd half 2017, which represents a 9.2% annual growth. Overall this presents Junee as a more affordable option in the Riverina area and in comparison to Metro areas in NSW, but with strong positive growth.
April 12, 2018, 6:36 a.m.
Kenmore Research Factsheet 1st Half of 2018
Over the past three years (2015 - 2017), Fig Tree Pocket and Pullenvale have the highest growth at 21.5% and 20.0% respectively. This indicates these two areas as premium and highly sought-after markets. The suburb of Kenmore and Chapel Hill are two of the most affordable suburbs in postcode 4069, without sacrificing capital growth (6.4% between 2015 and 2017). This is great news for home buyers and investors looking to enter the market.