melaniee

What's it doing ?!

Grayling

Which part?

Prices certainly aren't dropping where I am.

They may be elsewhere.....for all I know

G

melaniee

Sunshine coast/hinterland.

Grayling

I have looked at a few houses around Noosa over the last few months.....many have been up for sale that long.

Prices have probably dropped a bit.

G

dinner-dash

rents starting to fall in brisbane. a lot of locals expect units to fall next.

ABCDiamond

Median Prices

Maroochydore
Houses
$425,000 Sept 2008
$393,000 March 2009
Units
$360,000 Sept 2008
$359,000 March 2009

Sunshine Coast
Houses
$475,000 Sept 2008
$450,000 March 2009
Units
$365,000 Sept 2008
$336,000 March 2009

ABCDiamond

April 15, 2009
Apartments are leading the surge in Brisbane rental prices, with weekly bills soaring more than 13 per cent in the past year.

The 13.3 per cent jump means Brisbane has experienced the largest increase in year-on-year unit rental prices of all the major cities in Australia, except for Darwin

On the Sunshine Coast, the median asking price for house rentals rose 3.9 per cent, from $380 to $395, while the weekly price for units rose 6.7 per cent, from $300 to $320

http://www.brisbanetimes.com.au/qld-...0415-a7fd.html

Annabel Candy

Here's my take. Been here six months, I think prices have dropped about 8% and wonder if they'll drop another 10-20% in line with the global property market. Tough times for property investors.

jad n rich

Totally depends what it is.

We bought in 2007 for 500ish, house few doors up just sold for 675, owner will knock it over and rebuild. These are ocean view houses in an area where a new bridge into brisbane will open in 9 months. Obviously the area was well underpriced to start with when you consider what ocean view would cost you anywhere else

I thought you sold your property? and moved back to WA, I hope it didnt fall through.

ABCDiamond

A good chance to update those earlier figures:

Median Prices

Maroochydore
Houses
$425,000 Sept 2008
$395,000 May 2009

Units
$360,000 Sept 2008
$350,000 May 2009

Sunshine Coast
Houses
$475,000 Sept 2008
$450,000 May 2009

Units
$365,000 Sept 2008
$336,000 May 2009

However, there is a difference between Established House and New Builds, and the above figures do not differentiate this.

Notice how the index of median values of New Builds has dropped recently, whilst established houses have actually still risen slightly.

POW148

We have been in the market for the past 6 months looking for a 3 bed townhouse in gated complex in SW Brisbane. We were after a small house for my wife to live in during the week before heading out to the farm at weekends. 3 bedrooms may be a bit big for one perosn to live in but we are looking at the long term with saleability in 10 years time. We exchanged contracts on a townhouse two weeks ago. We found a beautiful little single level town house and are very happy with the purchase that we made.

Over the last three months we have noticed a trend in that this type of property that we were after has started to creep up in price. What we could have brought in the $325K range is now gone up to the $330K range. Only a small increase I know but it is a sign that the market is starting to recover.

Barney

melaniee

We're back in WA and loving it ! But we still have the house in QLD and it is presently being rented....just considering options at the mo.

busterboy

I have always really liked you Grayling...bagsy come stay with you.

discobay

I am looking for something similar. Three-bedroom, single-storey, garage no garden or pool to look after. Any recommendations in the western suburbs?

Grayling

Plenty in the Western suburbs but they can be expensive.

There is a townhouse for sale near us in Toowong for $500000..no garden etc. on a small complex.

Any with gardens are much more expensive.

G