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June Quarter 2009 House Prices
Queensland’s residential property market has shown its staying power over the June quarter with increasing sales and median house price growth in many areas.
After an uncertain year, the latest Real Estate Institute of Queensland (REIQ) median sales data shows a return to form for the State’s property market.
“We are cautiously optimistic that the worst is behind us. These really are solid results in what have been very weak economic conditions,” REIQ managing director Dan Molloy said.
The REIQ June quarter median house prices show sales volumes up significantly in many areas.
Compared to the March quarter, preliminary sales numbers are up about 28 per cent in Brisbane; about 17 per cent on the Gold and Sunshine coasts; 14.5 per cent in Rockhampton; 20 per cent in Townville; and about 18 per cent in Cairns.
Browse some of Brisbane's June quarter median house prices by suburban area: inner city, north, south, east and west.
Brisbane's Median House Prices by Suburb
Inner City Suburbs
| Locality | Median Jun Qtr 09 | Change over qtr | Median 12 months to end of Jun 09 | Median 12 months to end of Jun 08 | Change over 1yr |
|---|---|---|---|---|---|
| Auchenflower ~ | $650,000 | N/A | $655,000 | $770,000 | -14.9% |
| East Brisbane | $625,000 | 13.8% | $610,000 | $627,500 | -2.8% |
| Highgate Hill | N/A | N/A | $751,000 | $881,500 | -14.8% |
| Kangaroo Point | N/A | N/A | $650,000 | $637,500 | 2.0% |
| New Farm ~ | N/A | N/A | $832,500 | $1,140,000 | -27.0% |
| Paddington ~ | $665,000 | 3.8% | $666,000 | $760,000 | -12.4% |
| Red Hill | $623,500 | 9.7% | $600,000 | $620,000 | -3.2% |
| West End | $695,000 | N/A | $722,000 | $787,500 | -8.3% |
| Woolloogabba | N/A | N/A | $605,000 | $570,000 | 6.1% |
Brisbane's Median House Prices by Suburb
Northern Suburbs
| Locality | Median Jun Qtr 09 | Change over qtr | Median 12 months to end of Jun 09 | Median 12 months to end of Jun 08 | Change over 1yr |
|---|---|---|---|---|---|
| Alderley | $537,500 | -12.6% | $542,500 | $587,500 | -7.7% |
| Ascot ~ | $932,500 | 29.1% | $1,122,500 | $1,100,000 | 2.0% |
| Ashgrove | $638,750 | 12.7% | $630,000 | $635,000 | -0.8% |
| Aspley | $457,500 | 5.5% | $446,500 | $460,000 | -2.9% |
| Bald Hills | $401,500 | 6.8% | $380,000 | $363,000 | 4.7% |
| Banyo | $373,250 | -3.1% | $380,000 | $405,100 | -6.2% |
| Bardon | $675,000 | 8.4% | $665,000 | $700,000 | -5.0% |
| Boondall | $415,000 | 2.3% | $410,000 | $393,500 | 4.2% |
| Bracken Ridge | $410,000 | 3.5% | $405,000 | $382,000 | 6.0% |
| Bridgeman Downs | $627,000 | -3.5% | $600,000 | $635,000 | -5.5% |
| Brighton | $375,000 | 3.4% | $385,000 | $385,000 | 0.0% |
| Carseldine | $486,500 | 3.5% | $481,000 | $477,000 | 0.8 % |
| Chermside | $449,500 | 3.1% | $447,000 | $445,250 | 0.4% |
| Chermside West | $445,000 | 6.8% | $437,000 | $427,500 | 2.2% |
| Clayfield ~ | $705,000 | N/A | $735,000 | $895,000 | -17.9% |
| Deagon ~ | $410,000 | 18.0% | $360,000 | $365,000 | -1.4% |
| Enoggera | $515,000 | -5.9% | $530,000 | $525,000 | 1.0% |
| Everton Park | $428,000 | -5.4% | $430,000 | $460,000 | -6.5% |
| Fitzgibbon | $417,500 | 9.9% | $415,000 | $394,500 | 5.2% |
| Gaythorne | N/A | N/A | $527,500 | $526,000 | 0.3% |
| Geebung | $427,000 | 2.9% | $402,500 | $401,000 | 0.4% |
| Gordon Park | N/A | N/A | $575,000 | $580,000 | -0.9% |
| Grange * | $650,000 | 17.1% | $620,000 | $620,500 | -0.1% |
| Hamilton | N/A | N/A | $1,195,000 | $1,285,000 | -7.0% |
| Hendra | $618,500 | -7.7% | $643,750 | $646,388 | -0.4% |
| Kedron | $465,000 | 5.1% | $475,000 | $504,500 | -5.8% |
| Kelvin Grove | N/A | N/A | $590,000 | $613,500 | -3.8% |
| Lutwyche | N/A | N/A | $570,000 | $595,000 | -4.2% |
| McDowall | $540,000 | 10.7% | $499,000 | $495,000 | 0.8% |
| Mitchelton | $518,000 | 15.9% | $460,000 | $470,000 | -2.1% |
| Newmarket | $630,000 | N/A | $620,000 | $640,500 | -3.2% |
| Northgate | $546,000 | 14.7% | $470,000 | $505,000 | -6.9% |
| Nudgee | $460,000 | -3.7% | $451,900 | $450,000 | 0.4% |
| Nundah | $529,000 | 1.7% | $515,500 | $545,000 | -5.4% |
| Sandgate | $437,000 | 2.8% | $450,000 | $432,500 | 4.0% |
| Shorncliffe | $667,500 | N/A | $640,000 | $562,500 | 13.8% |
| Stafford | $459,000 | 4.3% | $450,000 | $455,000 | -1.1% |
| Stafford Heights | $435,000 | 1.8% | $427,750 | $440,000 | -2.8% |
| Taigum | $419,000 | 6.8% | $410,000 | $420,000 | -2.4% |
| Virginia ~ | $405,000 | 20.0% | $400,000 | $415,250 | -3.7% |
| Wavell Heights | $470,000 | 2.7% | $464,000 | $478,500 | -3.0% |
| Wilston | N/A | N/A | $715,000 | $760,000 | -5.9% |
| Windsor | $530,000 | -6.9% | $610,000 | $632,500 | -3.6% |
| Wooloowin ~ | $550,000 | N/A | $560,000 | $634,425 | -11.7% |
| Zillmere | $375,000 | 3.7% | $373,000 | $370,000 | 0.8% |
Brisbane's Median House Prices by Suburb
Southern Suburbs
| Locality | Median Jun Qtr 09 | Change over qtr | Median 12 months to end of Jun 09 | Median 12 months to end of Jun 08 | Change over 1yr |
|---|---|---|---|---|---|
| Acacia Ridge | $327,000 | 4.8% | $316,500 | $335,000 | -5.5% |
| Algester | $410,000 | 9.3% | $389,000 | $379,000 | 2.6% |
| Annerley | $522,500 | 2.0% | $535,000 | $548,500 | -2.5% |
| Calamvale | $482,500 | 1.6% | $478,250 | $472,000 | 1.3% |
| Coopers Plains | $420,000 | 6.3% | $406,000 | $395,000 | 2.8% |
| Coorparoo | $580,000 | 9.4% | $570,000 | $610,000 | -6.6% |
| Darra | $338,500 | -3.3% | $343,500 | $325,000 | 5.7% |
| Doolandella | $345,000 | N/A | $350,000 | $340,000 | 2.9% |
| Drewvale | $479,000 | 10.1% | $435,500 | $427,000 | 2.0% |
| Durack | $342,000 | 10.3% | $327,250 | $335,000 | -2.3% |
| Fairfield | N/A | N/A | $580,000 | $625,000 | -7.2% |
| Forest Lake | $380,000 | 2.4% | $371,000 | $378,250 | -1.9% |
| Greenslopes | $491,063 | -9.2% | $532,750 | $525,000 | 1.5% |
| Holland Park | $475,900 | -2.2% | $491,000 | $495,500 | -0.9% |
| Holland Park West | $512,000 | -4.7% | $505,000 | $495,000 | 2.0% |
| Inala | $287,000 | 0.7% | $290,000 | $287,000 | 1.0% |
| Jamboree Heights | $430,500 | 4.4% | $415,000 | $410,000 | 1.2% |
| Jindalee | $450,000 | 1.1% | $446,000 | $440,000 | 1.4% |
| Kuraby * | $497,250 | 12.4% | $485,000 | $541,000 | -10.4% |
| Middle Park | $483,000 | N/A | $485,000 | $491,000 | -1.2% |
| Moorooka | $465,000 | 5.7% | $454,500 | $460,000 | -1.2% |
| Oxley | $415,000 | 2.7% | $412,000 | $433,000 | -4.8% |
| Parkinson | $489,000 | 8.7% | $465,000 | $467,500 | -0.5% |
| Richlands | $421,500 | N/A | $424,000 | $416,000 | 1.9% |
| Riverhills | $405,000 | 0.2% | $399,000 | $395,000 | 1.0% |
| Robertson | $590,000 | N/A | $620,000 | $632,500 | -2.0% |
| Rocklea | N/A | N/A | $360,000 | $340,000 | 5.9% |
| Runcorn | $423,000 | 9.0% | $407,000 | $405,000 | 0.5% |
| Salisbury | $415,000 | -0.6% | $415,000 | $399,000 | 4.0% |
| Seventeen Mile Rocks ~ | $420,000 | -24.3% | $468,000 | $456,500 | 2.5% |
| Sinnamon Park | $600,000 | 12.9% | $579,000 | $552,500 | 4.8% |
| Stretton | $563,500 | 1.4% | $563,500 | $601,250 | -6.3% |
| Sunnybank | $500,000 | 6.4% | $500,000 | $477,500 | 4.7% |
| Sunnybank Hills | $447,500 | 9.1% | $430,000 | $435,000 | -1.1% |
| Tarragindi | $528,000 | 8.8% | $510,000 | $515,000 | -1.0% |
| Westlake | $528,000 | N/A | $530,000 | $540,000 | -1.9% |
| Yeronga | $655,000 | -2.2% | $670,000 | $636,000 | 5.3% |
Brisbane's Median House Prices by Suburb
Eastern Suburbs
| Locality | Median Jun Qtr 09 | Change over qtr | Median 12 months to end of Jun 09 | Median 12 months to end of Jun 08 | Change over 1yr |
|---|---|---|---|---|---|
| Balmoral | $702,500 | 13.7% | $782,500 | $749,500 | 4.4% |
| Belmont | $563,000 | 12.8% | $542,500 | $552,000 | -1.7% |
| Bulimba * ~ | $925,000 | 21.7% | $830,000 | $850,000 | -2.4% |
| Camp Hill | $536,250 | -7.9% | $550,000 | $570,000 | -3.5% |
| Cannon Hill | $495,250 | 11.8% | $485,250 | $525,000 | -7.6% |
| Carina | $467,500 | 3.1% | $460,000 | $468,800 | -1.9% |
| Carina Heights | $465,000 | -2.6% | $459,000 | $475,000 | -3.4% |
| Carindale | $632,500 | 3.1% | $621,000 | $604,500 | 2.7% |
| Coorparoo | $580,000 | 9.4% | $570,000 | $610,000 | -6.6% |
| East Brisbane | $625,000 | 13.8% | $610,000 | $627,500 | -2.8% |
| Eight Mile Plains | $586,250 | 5.0% | $530,000 | $512,800 | 3.4% |
| Hawthorne ~ | $757,500 | 14.8% | $685,000 | $850,000 | -19.4% |
| Hemmant | $425,000 | 6.3% | $400,500 | $393,750 | 1.7% |
| Hendra | $618,500 | -7.7% | $643,750 | $646,388 | -0.4% |
| Lota | $460,250 | N/A | $473,500 | $515,000 | -8.1% |
| Macgregor | $497,500 | 4.4% | $475,000 | $508,000 | -6.5% |
| Manly | $568,000 | 13.0% | $566,500 | $620,000 | -8.6% |
| Manly West | $462,500 | 6.6% | $460,000 | $485,000 | -5.2% |
| Mansfield | $452,500 | -0.1% | $442,250 | $455,000 | -2.8% |
| McDowall | $540,000 | 10.7% | $499,000 | $495,000 | 0.8% |
| Morningside | $577,500 | 16.7% | $505,000 | $560,000 | -9.8% |
| Mount Gravatt | N/A | N/A | $465,000 | $470,000 | -1.1% |
| Mount Gravatt East | $440,000 | 3.5% | $430,000 | $455,000 | -5.5% |
| Murarrie | $437,500 | -7.9% | $457,000 | $460,000 | -0.7% |
| Norman Park | $570,000 | 14.0% | $620,000 | $644,500 | -3.8% |
| Seven Hills | N/A | N/A | $530,000 | $580,000 | -8.6% |
| Tingalpa | $410,000 | -2.4% | $420,000 | $417,500 | 0.6% |
| Upper Mount Gravatt | $439,750 | 1.3% | $430,000 | $444,000 | -3.2% |
| Wishart | $501,750 | 11.5% | $488,000 | $498,000 | -2.0% |
Brisbane's Median House Prices by Suburb
Western Suburbs
| Locality | Median Jun Qtr 09 | Change over qtr | Median 12 months to end of Jun 09 | Median 12 months to end of Jun 08 | Change over 1yr |
|---|---|---|---|---|---|
| Bellbowrie | $393,000 | -13.1% | $428,500 | $435,000 | -1.5% |
| Chapel Hill | $582,500 | 3.4% | $585,000 | $631,000 | -7.3% |
| Chelmer ~ | N/A | N/A | $705,000 | $829,250 | -15.0% |
| Corinda | $575,000 | 3.6% | $582,500 | $543,500 | 7.2% |
| Ferny Grove | $485,000 | 7.5% | $477,000 | $446,500 | 6.8% |
| Fig Tree Pocket g | $629,750 | N/A | $637,500 | $820,000 | -22.3% |
| Graceville ~ | $682,000 | 32.4% | $644,000 | $650,000 | -0.9% |
| Heathwood | N/A | N/A | $522,500 | $515,000 | 1.5% |
| Indooroopilly ~ | $585,000 | -8.2% | $617,500 | $700,000 | -11.8% |
| Karana Downs | $423,750 | 7.6% | $394,000 | $373,750 | 5.4% |
| Karana Downs ^ | $460,000 | N/A | $450,000 | N/A | N/A |
| Kenmore | $494,030 | 0.3% | $491,000 | $505,500 | -2.9% |
| Keperra | $420,000 | 1.1% | $404,000 | $401,000 | 0.7% |
| Mitchelton | $518,000 | 15.9% | $460,000 | $470,000 | -2.1% |
| Moggill | $417,500 | -16.9% | $464,000 | $455,000 | 2.0% |
| Mount Crosby ^ | N/A | N/A | $512,500 | N/A | N/A |
| Pullenvale ^ | $980,000 | 8.9% | $1,040,000 | N/A | N/A |
| Sherwood | $605,000 | 6.7% | $650,000 | $655,000 | -0.8% |
| St Lucia ~ | N/A | N/A | $770,000 | $932,500 | -17.4% |
| Taringa ~ | $602,500 | 3.7% | $610,000 | $682,500 | -10.6% |
| The Gap | $493,750 | -3.2% | $499,750 | $517,500 | -3.4% |
| Toowong * ~ | $755,000 | 22.9% | $731,855 | $685,000 | 6.8% |
| Upper Kedron | $515,000 | N/A | $510,000 | $492,500 | 3.6% |
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