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Australian Economic Property Report 2019

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Factsheet 1st Half 2019

Sept. 24, 2019, 6:56 a.m.

Camden Haven Research Factsheet 1st Half of 2019

The Camden Haven property market continue to strengthen in 2019, with a median house price of $549,000 and median unit price of $432,500 in Q1 2019. This represents annual (Q1 2018 – Q1 2019) price growth of 14.4% (house) and 9.5% (units). Compared to the Camden Haven 2nd half 2018 Research Factsheet, which reported an annual (Q3 2017 – Q3 2018) median price growth of 11.4% (house) and stable for units, properties in Camden Haven have strengthened in value. This should provide owners and investors in Camden Haven with confidence, as many other regional New South Wales (NSW) markets have experienced a softening in median prices, as has the Sydney Metro area.

Factsheet 1st Half 2019

Sept. 24, 2019, 6:48 a.m.

Lake Macquarie Research Factsheet 1st Half of 2019

Lake Macquarie recorded a median house price of $652,850 in Q1 2019, which represented a relatively stable annual (Q1 2018 – Q1 2019) price growth. In contrast there has been a softening in median unit price, by -5.5% to $475,875. Compared to the Lake Macquarie Research Factsheet 2nd Half 2018, which reported an annual (Q3 2017-Q3 2018) median house price growth of 6.6% and median unit price growth of 0.1%, properties in Lake Macquarie have become more affordable for buyers.

Factsheet 1st Half 2019

Sept. 24, 2019, 3:15 a.m.

Coffs Harbour Research Factsheet 1st Half of 2019

Coffs Harbour recorded a median house price of $567,500 in Q1 2019, representing annual (Q1 2018 – Q1 2019) price growth of 6.6%. Compared to the Coffs Harbour Research Factsheet 2nd half 2018, which reported an annual (Q3 2017 – Q3 2018) median house price change of 12.7%, houses in Coffs Harbour have become more affordable. However when compared to Sydney Metro house prices, which are higher ($925,000) yet with a declining annual growth of approximately -5.6%, Coffs Harbour is a more affordable and profitable investment opportunity.

Factsheet 1st Half 2019

Sept. 24, 2019, 3:02 a.m.

Dapto Research Factsheet 1st Half of 2019

Dapto recorded a median house price of $630,000 in Q1 2019, representing annual (Q1 2018 – Q1 2019) growth of 0.8%. In contrast the unit market has softened during this time, by -13.3% to $490,000. Compared to the Dapto 2nd half 2018 Research Factsheet, which reported an annual (Q3 2017-Q3 2018) median price growth of 1.6% (house) and -3.1% (units), properties in Dapto have become more affordable.

Factsheet 1st Half 2019

Sept. 24, 2019, 2:48 a.m.

Bundaberg|Bargara Research Factsheet 1st Half 2019

The property market of Bundaberg and Bargara, especially that of postcode 4670, recorded a median house price of $272,000 and $210,000 for units in Q1 2019. This represented an annual (Q1 2018-Q1 2019) price softening of -7.3% and -30.6% respectively. Compared to the Bundaberg and Bargara 2n half 2018 Research Factsheet, which reported an annual (Q3 2017 – Q3 2018) median price softening of -7.0% (house) and -16.0% (units), both houses and units is now more affordable.

Factsheet 1st Half 2019

Sept. 23, 2019, 6:14 a.m.

Carina|Carindale Research Factsheet 1st Half of 2019

Carina/Carindale recorded a median house price of $775,000 and $479,000 for units in Q1 2019. This represent an annual (Q1 2018-Q1 2019) price growth of 1.3% for houses and a softening of -2.2% for units. Compared to the Carina/Carindale 2nd half 2018 Research Factsheet, which reported an annual (Q3 2017 – Q3 2018) price change of -3.8% (house) and 11.4% (units), houses have strengthened in value whilst units have become more affordable in Carina/Carindale.

Factsheet 1st Half 2019

Sept. 23, 2019, 6:03 a.m.

Bribie Island Research Factsheet 1st Half 2019

Bribie Island recorded a median house price of $490,000 and $327,500 for units in Q1 2019. This is an annual (Q1 2018-Q1 2019) price strengthening of 2.2% for house and a softening of -5.6% for units. Compared to Bribie Island 2nd half 2018 Research Factsheet, which reported an annual (Q3 2017 – Q3 2018) median price change of -1.0% (house) and 7.0% (units), houses in Bribie Island has strengthened in value whereas units have become more affordable.

Factsheet 1st Half 2019

Sept. 23, 2019, 5:56 a.m.

Buderim Research Factsheet 1st Half 2019

Buderim recorded a median house price of $625,000 and $419,250 for units in Q1 2019. This is an annual (Q1 2018-Q1 2019) softening of -8.4% for house and a slight softening of -0.7% for units. Compared to Buderim 2nd half 2018 Research Factsheet, which reported an annual (Q3 2017 – Q3 2018) median price change of 3.5% (house) and 0.2% (units), properties in Buderim is now more affordable. Now is the time for first home buyers to enter the market.

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Sept. 23, 2019, 5:30 a.m.

Ingleburn PRD Market Update 2nd Half of 2019

In Q2 2019, Ingleburn recorded median prices of $645,000 for houses and $412,500 for units. This represents annual (Q2 2018 – Q2 2019) price softening of -8.5% for houses and -16.0% for units. Over the same time, total sales slowed for Q2 2019, down by -22.1% for houses to 212 sales and by -37.8% for units to 74 sales. This said, an upswing in sales activity over the last six months suggests confidence is returning, making now an ideal time to buy.

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Sept. 23, 2019, 5:14 a.m.

Tumbarumba PRD Market Update 2nd Half of 2019

In H1 2019, Tumbarumba recorded a median house price of $181,000, and a median vacant land price of $58,515. This represents annual (H1 2018 – H1 2019) median price softening of -5.7% for houses and growth of 28.9% for land. Total sales slowed annually, by -26.2% for houses to 31 sales and by -4.3% for land to 22 sales in H1 2019. Limited land sales make this data more volatile, however it is a highly affordable option for home and land buyers alike.