The Sunshine State Is In High Demand
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The Sunshine State Is In High Demand

Queensland’s residential property market experiences strong quarter.

By Terry Christodoulou
Wed, Dec 15, 2021Grey Clock < 1 min

Across Queensland, median house prices climbed 1.8% over the quarter with Greater Brisbane and tourism hotspots proving the most appealing.

Brisbane achieved the highest number of house sales over the quarter according to data from the Real Estate Institute of Queensland (REIQ), with 3912 sales. This was followed by the Gold Coast (2,419), Moreton Bay (1,945), Sunshine Coast SD (1,510), Logan (1,413) and Ipswich (1,366).

Brisbane’s median house price rose by 4.7% over the quarter, reaching a new high of $900,000. The new figures represent a 15.5% growth compared to 12 months prior.

Despite the rise, Greater Brisbane still remains affordable with the capital city outskirts experiencing a lesser 2.8% quarterly increase to a median house price of $640,000.

Noosa was the clear stand-out with 13% growth in the quarter. However, the holiday-town couldn’t match its previous efforts of 19.8% growth in the June 2021 quarter.

Ipswich (8.7%), Redland and Fraser Coast (both at 6.5%), and Bundaberg (6.4%) followed on to round out the top five fastest-growing local government areas.

Noosa also took the top spot for the highest quarterly median sale price at $1.3 million — $400,000 above the state’s next best performer Brisbane at $900,000, Sunshine Coast SD at 850,000, Sunshine Coast at $825,000 and Gold Coast at $810,500.

It’s not only houses on the rise as Queensland’s median unit prices rose 3.5% over the quarter.

Local government areas such as Mackay (17.4%), Sunshine Coast 12.1%) and Sunshine Coast SD (11.1%) all saw double-digit growth in the quarter.

Greater Brisbane experienced moderate median unit price growth at 1.8 per cent to reach $420,000.

Coastal areas garnered the highest unit prices with Noosa ($850,000), Sunshine Coast SD ($600,000), Sunshine Coast ($560,000) and Gold Coast ($510,000) at the top of the charts.

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By Robyn Willis
Fri, Aug 19, 2022 < 1 min

Treechangers seeking a home and income should take note of this west coast property in picturesque Pickering Brook in the Perth Hills, which comes with its own live-in residents.

Known as ‘the Margaret River of the Hills’ the area boasts stunning bushland while being just 30 minutes from all the amenity Perth has to offer.

With eight bedrooms and 10 bathrooms, this property is a home and business, operating as a thriving day spa, Hidden Valley Eco Lodges and Day Spa.

The private main residence is made of rammed earth for thermal comfort and has three bedrooms, luxurious bathroom and a large open plan living area. A private jacuzzi on the spacious entertaining deck is the perfect spot for enjoying beautiful bushland views at the end of a long day.

For day spa guests, there are four deluxe spa treatment rooms serviced by qualified staff, a reception area and lounge plus a commercial kitchen. Overnight guests can choose from five lodges with fully equipped kitchen and heated jacuzzi. As a going concern with a consistently high annual turnover, it’s a unique opportunity for the right buyer.

Set over 5.46ha, the property is also home to a very special group of residents: a small herd of alpacas, which are included in the sale.

Price guide: $6.5 million

Inspection: By expression of interest

Agent: Susanne Broido, The Agency 0499 770 237