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Those regional Queensland areas linked to resource investment and
the mining sector have seen significant falls in values accompanied
by sagging housing demand and lower rents. While these regions are
still seeing value falls the rate of decline does appear to be slowing,
suggesting these markets may be reaching a floor.
While resource areas continue to struggle, larger regional coastal
markets such as the Gold and Sunshine Coasts and Cairns are
experiencing an uplift in housing demand and rising values as the
tourism sector rebounds and demand for lifestyle properties increases.
Lifestyle areas lift while
resource towns reach a floor
Median prices across regional QLD
Regional QLD best performers
Rank
Suburb
$
Affordable
1
TEXAS
$145,000
19 20.8%
2
MOUNT MORGAN
$105,000
42 10.5%
3
INGLEWOOD
$130,000
24 2.0%
$$
Mid–range
1
RASMUSSEN
$385,000
84 31.6%
2
PARKHURST
$375,000
22 21.0%
3
YUNGABURRA
$389,000
27 19.3%
$$$
Prestige
1
MERMAID BEACH
$1,267,500
51 27.4%
2
TALLEBUDGERA
$812,500
64 20.4%
3
CLEAR ISLAND WATERS $1,007,500
59 19.2%
Rank
Suburb
$
Affordable
1
NELLY BAY
$150,000
29 16.9%
2
MANOORA
$162,750
104 5.7%
3
MISSION BEACH
$63,000
27 5.0%
$$
Mid–range
1
TOOWOOMBA CITY
$291,250
18 20.3%
2
TEWANTIN
$300,000
60 6.4%
3
ASHMORE
$299,500
130 5.8%
$$$
Prestige
1
NOOSA HEADS
$597,500
290 39.0%
2
HOPE ISLAND
$615,000
642 29.5%
3
YAROOMBA
$517,000
35 26.1%
Rolling Median Price (12 months)
Number sold (12 months)
12 month change in median price
Affordable
= suburbs below 25th percentile
Mid–range
= suburbs between 25th and 75th percentile
Prestige
= suburbs above 75th percentile
Source: CoreLogic
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