QMA Jan-Mar 2017 - Coomera Waters

QUARTERLY MARKET REPORTJANUARY TO MARCH, 2017

Who we are

Who we areLJ Hooker CoomeraThe suburb of Coomera has evolved into one of Contact usthe Gold Coast's most sought after areas andhas been earmarked by the Gold Coast City The Hub 5/90 Days RdCouncil and the State Government as the new Upper Coomerasatellite growth suburb of the Gold Coast. 07 5585 7888 [email protected] and surrounding areas have coomera.ljhooker.com.auexperienced tremendous growth during the lastdecade in both residential and commercial Keep up with local new,development and you could say the same about property tips and specialthe growth and success of the LJ HookerCoomera coomera.ljhooker.com.au/myljhooker https://www.facebook.com/ljhcoomeraSo successful has the office been under the https://twitter.com/ljhcoomeradirection of the current management team that http://coomera.ljhooker.com.au/about-us/our-blogwe have purchased brand new and biggerpremises to accommodate our growth!5 things that set us apart1. LJ Hooker Coomera is an office that is builton honesty and integrity2. Provides professional and personal service toall of our past and future clients3. LJ Hooker Coomera are high achievers-withnumerous zone, state & national awards4. Each year we put back thousands of dollars& many hours into fundraising events for clubs,cystic fibrosis, schools & the local community5. LJ Hooker Coomera is one of the largest &most experienced team locally-with over 100years of combined real estate experienceJoin myLJHookertoday or contact usto find our more about a wide rangeof exclusive rewards and propertyinformation on offer:coomera.ljhooker.com.au

Coomera LocalMarket your local property reportMarket Overview May 2017It is a great time to sell in our local area. The number of listings has fallen, reducing competitionfor home sellers. There has been a drop in sales in our local market with 2,017 sales last yearcompared to 1,875 sales now. We have seen median house sales prices move within a range from-5.2% in Willow Vale to 6.3% in Upper Coomera.In houses, the best performing suburb year. At a glancecurrently is Upper Coomera with themedian sales price growing 6.3% Oxenford has demonstrated the Strongest growthover the past year. The median sales strongest price growth for units with Upper Coomeraprice of a home in Upper Coomera is prices rising 12.5% over the past year. 6.3%now $465,500. House sales prices in The median price for units in OxenfordCoomera grew 5.3% with the median is now $325,000 and with a median Most tradedprice at $476,000 and Pimpama grew rent of $350 a week, they offer an Upper Coomera3.9% across 190 individual sales with excellent rental yield of 5.6%. 518a median of $462,250. The highest median housing rents Fastest sellersThe most traded suburb for houses in our area are $508 per week in Oxenfordin our area has been Upper Coomera Willow Vale and for units $400 per 30with 518 homes sold while Coomera week in Coomera. Housing rentalhad the most unit sales with 363 yields in Oxenford are currently 5.4%transactions over the past year. demonstrating why the area is popularHouses in Upper Coomera have with investors.performed well with growth of 6.3%and now have a median price of The median time it takes to sell a$465,500. house in our region ranges from 30 days in Oxenford to 54 days in WillowOver the past month, about Vale and the shortest median time to$2,178,000 in units and $13.88m sell a unit is 41 days in Oxenford.in houses has been sold in UpperCoomera with $50.69m and$259.94m respectively sold across theHouses Top Performing Suburbs 518 $465,500 6.3% 2.9% For more information Units Upper Coomera 176 $476,000 5.3% 3.5% on our local property Coomera 190 $462,250 3.9% 0.7% market please call Pimpama 107 $325,000 12.5% 3.6% LJ Hooker Coomera on Oxenford 363 $393,000 12.3% 6% (07) 5585 7888 Coomera 124 $356,500 11.2% 0.5% PimpamaNumber sold (12 months) Median Price Median Growth 12 months Average Annual Growth 10 years

Our thoughts on long term performanceResearch shows that most people This igure also compares to the 10 year growth suburbs in our areaown a property for an average of median price change of 5.3% overseven years before they decide to the past 12 months. Suburb 10yrsell. Compound The median price of houses inThis means that while Coomera is currently $476,000. Growthunderstanding growth over the The suburb has also performedpast year is a good indicator of very strongly over the past three Coomera 2.9%current performance and if a years with a growth of 32.2%.suburb is 'hot', the longer term Upper Coomera 2.7%performance of a suburb is often a Of course, past growth is not amore reliable indicator of the value guarantee of future performance Oxenford 2.6%of a property. but it does give you an insight into the fundamentals. Coomera 5.1%The best performing suburb inour area for long term growth is Oxenford 3.3%Coomera where houses havegrown an average of 3.5% over Upper Coomera 1.2%the past 10 years. This igure isannualised, so it identiies thatproperties in the suburb havegrown by this average amounteach year.This month’s suburb profile: Upper CoomeraOne of the most popular suburbs 550 sales last year. All of this means it is now a greatin our region is Upper Coomera Houses are typically selling within time to sell in Upper Coomera.where 590 houses were listed for 36 days.sale over the past year. Houses in (12 months)Sales prices have grown by 6.3%Houses UnitsUpper Coomera have an average over the past 12 months andland size of 737 square metres. vendors are typically discounting 518 152 by -4.5% to secure a sale. $465,500 $358,900The suburb also has a largeapartment market with 142 units Number Sold 6.3% 8.8%listed for sale over the past year. Median Sale Price $440 $385 Annual Change in Median Price 5.2% 6.2%The suburb is tightly held with Median Asking Rent 590 142residents typically holding their Indicative Gross Rental Yieldhouse for 7 years. Total Listings 36 41 Median Days on Market $259.94m $50.69mThe median value of houses in Total Value of SalesUpper Coomera is $452,584. Thisis lower than the median salesprice which is currently $465,500.Over the past 12 months, buyerinterest has eased with 518houses sold this year compared toData for this report is provided by CoreLogic RP Data. In compiling this publication, CoreLogic has relied upon information supplied by a number of external sources.CoreLogic does not warrant its accuracy or completeness and to the full extent allowed by law excludes liability in contract, tort or otherwise, for any loss or damagesustained by subscribers, or by any other person or body corporate arising from or in connection with the supply or use of the whole or any part of the information in thispublication through any cause whatsoever and limits any liability it may have to the amount paid to CoreLogic for the supply of such information. This data is provided asgeneral information only and is not intended as inancial advice. For our complete terms and conditions of use, go to www.corelogic.com.au

The current market

Sold Properties 1284/2 First Light Court Coomera QLD 4209 Sale Price: $510,000 Sale Date: 30 Jan 2017 Area: 775m2 Approx Attributes: 4 Beds, 2 Baths, 2 Car Spaces, 2 Lock Up Garages, 1 Ensuites 1665/9 Pendragon Drive Coomera QLD 4209 Sale Price: $640,000 Sale Date: 16 Feb 2017 Area: 1,026m2 Attributes: 4 Beds, 3 Baths, 2 Car Spaces, 4 Lock Up Garages, 1 Ensuites 290/1 Buccaneer Way Coomera QLD 4209 Sale Price: $640,000 Sale Date: 24 Jan 2017 Area: 1,090m2 Approx Attributes: 6 Beds, 4 Baths, 2 Car Spaces, 2 Lock Up Garages, 2 Ensuites 24 Piccolo Street Coomera QLD 4209 Sale Price: $665,000 Sale Date: 6 Jan 2017 Area: 1,074m2 Approx Attributes: 5 Beds, 2 Baths, 3 Car Spaces, 3 Lock Up Garages, 1 Ensuites 6 Cadence Lane Coomera QLD 4209 Sale Price: $676,500 Sale Date: 2 Jan 2017 Area: 800m2 Approx Attributes: 4 Beds, 2 Baths, 2 Lock Up Garages, 1 Ensuites© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, andCommonwealth Governments. All rights reserved.

380/32 Westward Way Coomera QLD 4209 Sale Price: $835,000 Sale Date: 29 Jan 2017 Area: 776m2 Approx Attributes: 4 Beds, 3 Baths, 3 Car Spaces, 3 Lock Up Garages, 1 Ensuites 46 Brindabella Close Coomera QLD 4209 Sale Price: $880,000 Sale Date: 6 Mar 2017 Area: 357m2 Approx Attributes: 4 Beds, 3 Baths, 2 Car Spaces, 2 Lock Up Garages, 1 Ensuites 1677/33 Pendragon Drive Coomera QLD 4209 Sale Price: $1,090,000 Sale Date: 31 Jan 2017 Area: 1,530m2 Attributes: 5 Beds, 3 Baths, 4 Car Spaces, 4 Lock Up Garages, 1 Ensuites 21 Balmara Place Coomera QLD 4209 Sale Price: $1,300,000 Sale Date: 24 Jan 2017 Area: 764m2 Approx Attributes: 4 Beds, 3 Baths, 2 Car Spaces, 2 Lock Up Garages, 1 Ensuites 27 Balmara Place Coomera QLD 4209 Sale Price: $1,355,000 Sale Date: 16 Jan 2017 Area: 748m2 Approx Attributes: 4 Beds, 3 Baths, 2 Car Spaces, 2 Lock Up Garages, 1 Ensuites© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, andCommonwealth Governments. All rights reserved.

Together wecan find a cureCystic Fibrosis is a life threatening genetic conditionthat affects the lungs and digestive system; it has adevastating impact on the young people it affects.A partnership in caringSince 1998 LJ Hooker has raised anddonated over $5 million towards theAustralian Cystic Fibrosis Research Trust.Please support 65 Roses month in May– the annual national month to promoteawareness of Cystic Fibrosis.To donate visitljhooker.com.au/cysticfibrosis © LJ Hooker Limited 2013 - SP0008-0002-Cystic-Fibrosis-WC-P - 280313

iLsJinHvooolkveedr Cinoooumreracommunity.Whether it's working to help schools or improveamenities, lending LJ Hooker marquees to charityevents, or reaching out to those in need, you'll findLJ Hooker Coomera in and around our community.It's where we feel we make the greatest difference.



The numbers

Median Sales Price Median Sales Price vs Number Sold© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, andCommonwealth Governments. All rights reserved.

Sales Per Annum Sales Per Annum (House) Period Ending Coomera NumberDec 2016 183Dec 2015 153Dec 2014 78Dec 2013 47Dec 2012 24Dec 2011 27Dec 2010 37Dec 2009 32Dec 2008 23Dec 2007 29 Statistics are calculated over a rolling 12 month period Sales Per Annum (House)© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, andCommonwealth Governments. All rights reserved.

Sales Per Annum (Land) Period Ending Coomera NumberDec 2016 338Dec 2015 353Dec 2014 220Dec 2013 72Dec 2012 32Dec 2011 78Dec 2010 65Dec 2009 172Dec 2008 87Dec 2007 141 Statistics are calculated over a rolling 12 month period Sales Per Annum (Land)© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, andCommonwealth Governments. All rights reserved.

Sales By Price Sales By Price - 12 months (House) Price Coomera Number<$200K 0$200K-$400K 25$400K-$600K 137$600K-$800K 3$800K-$1M 2$1M-$2M 1>$2M 3 Statistics are calculated over a rolling 12 month period Sales By Price - 12 months (House)© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, andCommonwealth Governments. All rights reserved.

Sales By Price - 12 months (Land) Price Coomera Number<$200K 0$200K-$400K 286$400K-$600K 5$600K-$800K 5$800K-$1M 0$1M-$2M 0>$2M 0 Statistics are calculated over a rolling 12 month period Sales By Price - 12 months (Land)© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, andCommonwealth Governments. All rights reserved.

Average Number of Days On The Market Quantity Average Number of Days on The MarketHOUSE Under $300,000 18 88 $300,000 - $399,999 8 87LAND $400,000 - $499,999 32 252UNIT $500,000 - $599,999 22 237 $600,000 - $699,999 17 152 $700,000 - $799,999 8 152 $900,000 - $999,999 5 75 $800,000 - $899,999 9 141 $1,000,000 - 4 129 $1,100,000 - 4 170 $1,200,000 - 2 164 $1,300,000 - 3 142 $1,400,000 - 1 590 $1,500,000 - 1 76 $1,800,000 - 1 42 $2,000,000 and over 4 317 Under $300,000 2 44 $300,000 - $399,999 2 87 $400,000 - $499,999 4 210 $700,000 - $799,999 1 263 $900,000 - $999,999 1 252 $2,000,000 and over 1 361 Under $300,000 12 70 $300,000 - $399,999 18 129 $400,000 - $499,999 7 190 $500,000 - $599,999 6 217 $600,000 - $699,999 3 128 $700,000 - $799,999 6 84 $800,000 - $899,999 2 107 $900,000 - $999,999 1 79 $1,000,000 - 1 62 $1,400,000 - 1 116 $2,000,000 and over 0 381© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, andCommonwealth Governments. All rights reserved.

DisclaimerWhilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracyor completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all forany loss or damage arising in connection with the data and information contained in this publication.Based on or contains data provided by the State of Queensland (Department of Natural Resources and Mines) 2017. Inconsideration of the State permitting use of this data you acknowledge and agree that the State gives no warranty in relation to thedata (including accuracy, reliability, completeness, currency or suitability) and accepts no liability (including without limitation, liabilityin negligence) for any loss, damage or costs (including consequential damage) relating to any use of the data. Data must not beused for direct marketing or be used in breach of the privacy laws.© Copyright 2017 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, andCommonwealth Governments. All rights reserved.

LJ Hooker Coomera The Hub 5/90 Days Rd Upper Coomera 07 5585 7888 [email protected] coomera.ljhooker.com.au https://www.facebook.com/ljhcoomera https://twitter.com/ljhcoomera