gladstone area highlight report | fourth quarter 2010

Gladstone Area

Highlight Report

Fourth Quarter l 2010

Brisbane | March | 2009

Colliers International does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the information, figures and

projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. Colliers International will not be

liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Use with written permission only. Copyright © – 2009

Local Area Characteristics –

Located approximately 500 kilometres north of Brisbane, the Gladstone Local Government Area (LGA) runs parallel to the

Great Barrier Reef, which has impressive coral cays and reefs found throughout the Swain Reefs, Capricorn and Bunker

Groups. It also provides many picturesque natural parks, such as the Broadwater Conservation Park and claims the highest

boat ownerships of any community within Australia.

The main airport in the Gladstone LGA is the Gladstone CityAirport, located only six kilometres from the centre of the city,

with QantasLink providing the main carrier for passengers. The Gladstone LGA is facilitated by the Bruce Highway which

runs along the Queensland Coastline and the Dawson Highway, which links the neighbouring town of Biloela. The City of

Gladstone is fortunate to be on the main rail line running between Brisbane and Cairns, which offers a high speed passenger

service named the Tilt Train.

Industry in Gladstone is booming. The region can already boast one of the largest alumina refineries in the world,

Queensland's biggest power station, Australia’s largest aluminium smelter and its largest cement operation. However,

according to BCI Australia, the Gladstone LGA is about to receive a further $36 billion in development. Assisting this

development is Queensland’s largest deep water harbour, which is a protected multi-cargo port located in Gladstone City.

The Gladstone LGA is an amalgamation of the previous Local Government Areas of Calliope, Miriam Vale and Gladstone.

This report will provide an overview to the Gladstone LGA demographics and analyse the Gladstone City, Calliope, Tannum

Sands and Agnes Water property markets.

Gladstone Area Market Overview





Demographics & Population

“At the current rate of population growth,

the Gladstone LGA will require over 1,000

new dwellings per year.”

• According to the most recent June 2009 figures released by

the Australian Bureau of Statistics, the Estimated Resident

Population for the Gladstone LGA was 59,644 residents.

Population growth from the previous year equated to a high

3.2 per cent. This places the LGA at ninth place for the

highest growth of residents in Queensland.

• If this growth rate remains steady (as it has for the past five

years), the Gladstone LGA can expect the population to

reach levels as high as 119,931 by 2031. To give an

indication of the future demand for housing, PRDnationwide

Research uses the increase in population and divides it by

the current average household size of 2.7 residents per

dwelling. This has yielded an estimated figure of future

demand for housing at 22,329 new dwellings by 2031,

equating to a required 1,015 new dwellings per year.

• The greater region of Calliope experienced the highest

population growth at 4.7 per cent, to register 19,882

residents. This was followed by the greater region of

Miriam Vale at 3.7 per cent, equating to 6,037 residents.

Gladstone recorded growth of 2.9%, registering 33,725

residents.

• The fastest expanding suburbs in the Gladstone LGA have

achieved extreme growth of above 10 per cent. To put this

in perspective, an area is considered to experiencing high

growth at level above 2 per cent. The suburbs of Beecher

and Calliope both registered an increase of 10.7 per cent in

residents during the 12 month period ending June 2009.

This was followed by Glen Eden with 10.6 per cent and

Captain Creek at 10.4 per cent.

• The Gladstone LGA has a high proportion of family

households, equating to 77.5 per cent of all dwellings.

Within Gladstone, a significant portion of the demographic

is aged under 15 years of age at 24 per cent, with 8.5 per

cent of residents aged over 65 years.

• In the Gladstone LGA, 70.1 per cent of dwellings are owner

occupied or currently being purchased. In addition, the

rental market accounts for a large portion of the tenure at

29.4 per cent. This strong investment market has been

facilitated by a significant portion of the population being a

mobile, skilled workforce, attracted to the region by a strong

level of employment opportunity from local industry.

• The majority of dwellings within the Gladstone LGA are

separate houses, equating to 87.1 per cent of residences. A

small unit market has emerged within Gladstone City, as a

trend towards increased demand for conveniently located

apartment has appeared.

Population Snapshot – Queensland Growth Areas

Prepared by PRDnationwide Research Source: ABS, Estimated Residential Population Data

Prepared by PRDnationwide Research Source: ABS, Census 06

Dwelling Characteristics – Gladstone LGA

Fastest Growing Suburbs – Gladstone LGA

PIFU 2009 Population Projection vs. Forecast Growth

Gladstone LGA

Prepared by PRDnationwide Research Source: PIFU, ABS



LGA 2001 2002 2003 2004 2005 2006 2007r 2008r 2009p

Five Year

Growth pa

One Year

Growth

Ipsw ich (C) 125,451 127,458 129,776 133,227 138,167 142,477 148,049 154,669 162,383 4.0% 5.0%

Lockyer Valley (R) 28,668 29,302 29,595 30,032 31,110 31,932 32,873 34,060 35,633 3.5% 4.6%

Somerset (R) 18,085 18,302 18,529 18,765 19,202 19,676 20,085 20,683 21,608 2.9% 4.5%

Gympie (R) 38,807 39,459 40,413 41,593 43,001 44,177 45,287 46,526 48,282 3.0% 3.8%

Moreton Bay (R) 286,532 294,530 304,792 315,505 325,067 332,862 344,878 357,902 371,162 3.3% 3.7%

Fraser Coast (R) 74,204 75,974 78,978 82,334 85,638 89,247 92,565 96,010 99,514 3.9% 3.6%

Central Highlands (R) 25,061 25,627 26,187 26,861 27,505 28,256 28,772 29,343 30,403 2.5% 3.6%

Cairns (R) 128,095 130,622 134,122 137,549 141,993 147,538 152,668 159,184 164,356 3.6% 3.2%

Gladstone (R) 46,369 47,659 49,075 50,891 52,186 53,941 55,716 57,780 59,644 3.2% 3.2%

Tow nsville (C) 144,789 148,435 151,720 155,367 160,220 165,278 170,408 176,137 181,743 3.2% 3.2%

59,644

69,906

81,933

96,030

119,931

98,041

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PIFU 2008

Dwelling Ownership – Gladstone LGA


Tenure

Fully owned 4996 29.4% 439,677 32.5%

Being purchased 6927 40.7% 470,114 34.7%

Rented 4996 29.4% 432,296 31.9%

Other tenure type(e) 81 0.5% 11,723 0.9%

Gladstone LGA Queensland

Dwelling Characteristics

Separate house

15,137 87.1% 1,106,874 79.6%

Semi-Detached:

One storey 259 1.5% 56,651 4.1%

Two or more storeys 113 0.7% 49,265 3.5%

Total 372 2.1% 105,916 7.6%

Flat, unit or apartment:

1 to 2 storey block 1,171 6.7% 94,045 6.8%

3 storey block 34 0.2% 32,107 2.3%

4 storey block or higher 81 0.5% 28,785 2.1%

Attached to a house 3 0.0% 1,361 0.1%

Total 1,289 7.4% 156,298 11.2%

Other dwelling:

Caravan/cabin/houseboat 416 2.4% 16,548 1.2%

Improvised home 139 0.8% 2,537 0.2%

Attached to shop 29 0.2% 2,417 0.2%

Total 584 3.4% 21,502 1.5%

QueenslandGladstone LGA

Suburb ERP 2008 ERP 2009 Growth

Beecher 1,047 1159 10.7%

Calliope 1,927 2133 10.7%

Glen Eden 1,453 1607 10.6%

Captain Creek 328 362 10.4%

Mount Larcom 308 337 9.4%

Rodds Bay 102 109 6.9%





“Just over an estimated $36 billion of

investment has been committed to the

area.”

• There are massive amounts of development currently being

looked at in the Gladstone LGA. Just over an estimated

$36 billion has been committed to the area in development

of industry, infrastructure, construction and employment.

To cater for such large growth, local council and

communities have joined with private business to form the

Gladstone Area Promotion and Development Limited

(GAPDL). The GAPDL is involved in promoting tourism

and long-term growth through sustained employment

generation.

• The Gladstone Greater Region is poised to receive the bulk

of potential investment, with 65.4 per cent ($23.6 billion) of

the total planned investment. Curtis Island is set to receive

24.5 per cent ($8.8 billion), while Miriam Vale is anticipating

3.9 per cent ($1.4 billion) of planned investment.

• According to the ABS Census 2006, employment in the

Gladstone LGA is heavily focused in manufacturing and

construction. The combined percentage that these two

industries amount to 32.5 per cent of the total workforce.

This was followed by retail trade at 10.4 per cent.

• Housing development has slowed in the Gladstone LGA

during the Global Financial Crisis, but has since picked up

again. Only 654 new residential dwellings were approved

over the twelve month period ending to September 2010. If

this level activity does not pick up this will result in a

shortfall of 41,509 dwellings. Whilst only a rough indication,

this information highlights the need for increased housing

development if Gladstone is to cater for the increasing

levels of skilled workers wanting to reside in the region.

• The largest development being investigated is the

Queensland Curtis LNG project to be based in the Surat

Basin. This project alone is estimated to require a total of

$15 billion and has just had an environmental impact

statement approved by federal government. This project is

currently in the design stage.

• Santos has lined up a large LNG plant in Curtis Island,

which is currently in the design stage. This project will

feature the development of the plant, pipeline, and

surrounding infrastructure to this gas field. An estimated

$770 million will be invested into this development.

• A coal terminal at Wiggins Island is the governments

largest development in terms of investment spend in the

Gladstone LGA. With an estimated $3.5 billion spend, the

terminal is expected to begin construction in mid 2010.

• There is approximately 5,761 new dwellings in the pipeline,

ranging from the Stoneybrook Estate in Glen Eden to the

Turtle Street development in Curtis Island.

Future Development and Infrastructure



Gladstone LGA Industry of Employment by Occupation

0

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Prepared By Colliers International Source: ABS

Prepared by PRDnationwide Research Source: ABS

Gladstone LGA New Dwelling Approvals Per Month

0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20%

Manufacturing

Construction

Retail trade

Transport, postal & warehousing

Education & training

Accommodation & food services

Health care & social assistance

Professional, scientific & technical services

Public administration & safety

Other services

Administrative & support services

Electricity, gas, water & waste services

Agriculture, forestry & fishing

Wholesale trade

Rental, hiring & real estate services

Mining

Financial & insurance services

Information media & telecommunications

Arts & recreation services

Percentage of Workforce

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Queensland

Gladstone LGA

Prepared by PRDnationwide Research Source: BCI Australia

Gladstone LGA Top Five Areas of Investment

Gladstone, 65.4%Curtis Island, 24.5%

Miriam Vale, 3.9%

Tannum Sands, 2.8%

0.0%

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Half Year Period





Gladstone City Houses

“During the most recent June 2010 six

month period, houses recorded capital

growth at 9.1 per cent.”

The data included within this historical market analysis

represents settled transactions over the past ten years, by

half year period, and is current to June 2010.

• The median price for the six months ending June 2010

for Gladstone City was $367,537, derived from a total of

297 settled transactions. The median house price has

recovered from the recent effects of the Global Financial

Crisis (GFC) and has approached the market peak

experienced during the June 2008 half year period. As

the market has been in recovery, the median house price

has achieved only 6.5 per cent growth during the 12

month period ending June 2010. This level of growth is

still significantly below the long term five year growth rate

of 12.9 per cent per annum.

• Sales activity has decreased by 9.5 per cent from the

previous six month period to register 297 settled sales.

However, since property markets are seasonal, when

comparing activity to the June six month period in the

previous year, sales have increased by 12.9 per cent.

Strong employment opportunities will be the driving force

behind growth in the Gladstone market attracting a

skilled workforce. PRDnationwide expects activity in the

market to pick up during mid 2011.

• The median price is a reflection of what has been

transacting in the marketplace and not an accurate

reflection of true value. That being said, Sun Valley

recorded exceptional median price growth of 24.6 per

cent during the 12 month period ending June 2010. The

median house price for Sun Valley as at June 2010 was

$357,500. The next suburb that achieved high median

price growth was West Gladstone, recording 14.8 per

cent to register a $367,500.

• The suburb of Clinton experienced the most settled sales

during the June 2010 six month period, recording 74

transactions. This was followed by New Auckland with

54 and West Gladstone with 48.

• A resales analysis was conducted to determine at what

rate capital growth has been achieved in Gladstone City.

Houses that sold during the June 2002 six month period

achieved the highest rate of growth at 27 per cent in

capital value. During the most recent June 2010 six

month period, houses recorded capital growth at 9.1 per

cent. This represents strong growth when considering

the recent decline in market activity.

• The majority of settled house sales occurred in the price

bracket of $300,0000 to $399,999, registering 56 per

cent. A small portion of the market transacted in the

higher end, with four per cent of total sales occurring for

$600,000 plus.

Gladstone City Ten Year House Sales Cycle

Gladstone City Highest Median House Price Growth Suburbs

Prepared by PRDnationwide Research Source: PDS Live


Gladstone City Average House Capital Growth Per Half Year

Gladstone City House Price Points– Six Months To June 2010

Gladstone City Market Overview

$367,537

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Number of sales

Median



Rank Suburb

June 2009 Median

Price

Dec 2009

Median Price

June 2010

Median Price

Grth Over

One Year

June 2010 Half

Year Sales

1 Sun Valley $287,000 $434,000 $357,500 24.6% 12

2 West Gladstone $320,000 $343,500 $367,500 14.8% 48

3 Barney Point $277,000 $272,500 $315,000 13.7% 9

4 South Gladstone $320,000 $409,383 $355,000 10.9% 29

5 Clinton $357,000 $371,500 $377,500 5.7% 74

6 Toolooa $294,000 $301,750 $310,000 5.4% 9

7 Kin Kora $361,000 $385,000 $365,000 1.1% 32

8 Glen Eden $439,000 $400,000 $431,250 -1.8% 30

9 New Auckland $378,750 $397,500 $365,500 -3.5% 54

$200,000 to $299,99910%

$300,000 to $399,99956%

$400,000 to $499,99924%

$500,000 to $599,9996%

$600,000 to $699,9993%

At least $700,0001%





Calliope Area Houses

“Calliope houses recorded capital growth

at 9.7 per cent during the recent June

2010 half year period.”





for the Calliope Area was $410,000, derived from a total

of 156 settled transactions. The median house price has

appeared to have recovered from the recent effects of

the Global Financial Crisis with the assistance of lower

interest rates and the Governments stimulus spending.

However, since the change of the Governments policy

and the rising levels of interest rates, the median price

has softened by 4.7 per cent during the most recent six

months ending June 2010. Looking long term, the

Calliope Area has recorded a solid five year growth rate

of 8.7 per cent per annum.

• Sales activity has decreased by 9.8 per cent from the

previous six month period to register 156 settled sales.

However, since property markets are seasonal, when

comparing activity to the June six month period in the

previous year, sales have increased by 4.7 per cent.

• The suburb of Calliope experienced the most settled

sales during the June 2010 six month period, recording

51 transactions. This was followed by Boyne Island with

46.


rate capital growth has been achieved in the Calliope

Area. Houses that sold during the June 2003 six month

period achieved the highest growth at 30.3 per cent in

capital value. During the most recent June 2010 six

month period, houses recorded capital growth at 9.7 per

cent. This level of growth has been consistent since the

2009 June six month period.

• The majority of settled house sales occurred in the price

bracket of $300,0000 to $399,999, registering 35 per

cent. Following this, 27 per cent of total sales occurred

in the 4400,000 to $499,999 price bracket. By looking at

the price points chart it can be determined that the house

market in the Calliope Area is fairly diverse and caters

for a range of demand.

• The largest residential development about to be

constructed in the Calliope Area is a workers village on

the Calliope River Road. This would accommodate

2,465 residents and is expected to cost $210 million.

• Boyne Island is set to receive a large amount of

residential development, equating to a total proposed

investment of $415 million. The largest project in this

region is the Boyne Tannum Precinct. This development

has been granted approval to build apartments, a motel,

shops, offices, a medical centre and cinema. Total cost

of this development is estimated to be $200 million.

Calliope Area Ten Year House Sales Cycle

Calliope Area Median House Price Growth



Calliope Area House Price Points– Six Months To June 2010

Calliope Area Market Overview


$410,000

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Number of sales

Median

Calliope Area Average House Capital Growth Per Half Year


0.0%

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Half Year Period

Suburb

June 2009

Median Price

Dec 2009

Median Price

June 2010

Median Price

Grth Over

One Year

Boyne Island $390,000 $417,500 $412,500 5.8%

Calliope $380,000 $390,000 $382,500 0.7%

Tannum Sands $398,000 $531,500 $455,000 14.3%

$100,000 to $199,9991%

$200,000 to $299,9998%

$300,000 to $399,99935%

$400,000 to $499,99927%

$500,000 to $599,99917%

$600,000 to $699,9998%

At least $700,0003%

Less than $100,0001%





Tannum Sands Area Houses

“The house market in the Tannum Sands

Area is balanced and caters for a range

of demand.”



half year period, and is current to June 2010. This area

includes the suburbs of Tannum Sands and Boyne Island.


for the Tannum Sands Area was $437,800, derived from

a total of 75 settled transactions. The median price has

grown by 10.8 per cent during the year ending June

2010. Looking long term, Tannum Sands has recorded a

solid five year growth rate of 8.7 per cent per annum.

• Sales activity has increased by 14 per cent from the

previous June 2009 six month period to register 75

settled sales. However, it appears that market activity

has yet to recover from the impact of the GFC. The

exception to this was the December 2009 six month

period which registered 94 sales. This was largely due

to the ‘emergency low’ interest rates that were needed to

propel the market forward. It resulted in a temporary

spike in median price, which has since softened during

the June 2010 half year.


rate capital growth has been achieved in the Tannum

Sands Area. Houses that sold during the June 2003 six

month period achieved the highest growth at 34.1 per

cent in capital value. During the most recent June 2010

six month period, houses recorded capital growth at 8.2

per cent. This level of growth has been fairly consistent

since the 2009 June six month period.

• By looking at the price points chart it can be determined

that the house market in the Tannum Sands Area is

balanced and caters for a range of demand. Houses

below $500,000 amounted to the majority of the market,

with 66 per cent of total sales. At the higher end of the

house market, three per cent of total sales occurred for

over $700,000.

• There are three main residential developments being

proposed for Tannum Sands. A total cost of $50 million

is estimated to develop all three, with the Tannum Sands

Hotel being the largest development. The hotel will

consist of 60 rooms, 105 apartments, 14 townhouses

and several shops.

• The Tannum Sands Area unit market exists as a small

boutique market. During the recent June 2010 half year,

a total of 14 settled sales occurred. The median price

recorded over this time was $275,500. Units that sold

ranged in price from $580,000 on The Promenade to

$226,000 on Beach Avenue.

Tannum Sands Area Ten Year House Sales Cycle

Tannum Sands Area Average House Capital Growth Per Half Year


Tannum Sands Area House Price Points- Six Months To June 2010

Tannum Sands / Boyne Island Market Overview



Tannum Sands Area Median Price Growth Table


$200,000 to $299,9991%

$300,000 to $399,99934%

$400,000 to $499,99932%

$500,000 to $599,99919%

$600,000 to $699,99911%

At least $700,0003%

0.0%

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$437,800

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$300,000

$350,000

$400,000

$450,000

$500,000

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Half year period

Number of sales

Median

Dwelling 2000 JUN 2005 JUN 2009 JUN 2010 JUN 10yr 5yr 1yr

Type Median Price Median Price Median Price Median Price Gorwth Growth Growth

Houses $129,000 $289,000 $395,000 $437,800 13.0% 8.7% 10.8%

Units $104,500 $178,000 $295,000 $275,500 10.2% 9.1% -6.6%





Agnes Water Houses

“...anticipates activity to surge in Agnes

Water during 2011 with significant

increases to home values.”





for Agnes Water was $460000, derived from a total of 20

settled transactions. The median price has grown by 4.5

per cent during the year ending June 2010. There is

little doubt that the GFC has affected the Agnes Water

market, with the median price softening over the

December 2009 half year by 14.8 per cent. However,

over the June 2010 half year, the market has

experienced a price correction, as shown in the House

Sales Cycle. Looking long term, Agnes Water has

recorded a solid five year growth rate of 8.6 per cent per

annum.

• Sales activity has been fairly consistent during the past

two years, with the recent June 2010 half year recording

20 settled transactions. As the influx of new investment

is about to commence in the Gladstone LGA, the scenic

suburb of Agnes Water is primly positioned to receive

high levels of demand. PRDnationwide Research

anticipates activity to surge during 2011 with significant

increases to home values.


rate capital growth has been achieved in Agnes Water.

Houses that sold during the December 2003 six month

period achieved the highest growth at an amazing 67.4

per cent in capital value. During the most recent June

2010 six month period, houses recorded capital growth

at 6.3 per cent. This level of growth has been consistent

from the December 2009 six month period.

• By looking at the price points chart it can be determined

that the house market in Agnes Water is developing into

a higher end market. Approximately 35 per cent of the

house market transacted for over $500,000, with five per

cent being sold in the $700,000 plus price bracket.

• Agnes Water is set to receive several key community

developments which shall benefit the areas

attractiveness and liveability. These include a new

community centre, fire station, surf club, desalination

plant, and caravan park.

• The Agnes Water unit market experienced 21 settled

sales during the June 2010 half year period. The median

price recorded for this period was at $395,000. It

appears that the unit market has been in a state of

equilibrium during the year ending June 2010. Although

the unit market is still emerging, it is anticipated that this

market will should also experience a rapid increase in

activity during 2011.

Agnes Water Ten Year House Sales Cycle

Agnes Water Average House Capital Growth Per Half Year


Agnes Water House Price Points– Six Months To June 2010

Agnes Water Market Overview



Agnes Water Median Price Growth Table


$460,000

$0

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

$500,000

0

10

20

30

40

50

60

20

00

JU

N

20

00

DE

C

20

01

JU

N

20

01

DE

C

20

02

JU

N

20

02

DE

C

20

03

JU

N

20

03

DE

C

20

04

JU

N

20

04

DE

C

20

05

JU

N

20

05

DE

C

20

06

JU

N

20

06

DE

C

20

07

JU

N

20

07

DE

C

20

08

JU

N

20

08

DE

C

20

09

JU

N

20

09

DE

C

20

10

JU

N

Me

dia

n s

ale

pri

ce

Nu

mb

er o

f s

ale

s

Half year period

Number of sales

Median

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

Ave

rag

e C

ap

ita

l Gro

wth

Half Year Period

$200,000 to $299,99910%

$300,000 to $399,99920%

$400,000 to $499,99935%

$500,000 to $599,99930%

At least $700,0005%

2000 JUN 2005 JUN 2009 JUN 2010 JUN 10yr Growth rate5yr Growth rate1yr Growth

Median Price Median Price Median Price Median Price Per Annum Per Annum Per Annum

Houses $155,000 $305,000 $440,000 $460,000 11.5% 8.6% 4.5%

Units $119,000 $506,500 $365,000 $395,000 12.7% -4.9% 8.2%

Dwelling

Type

Research & ConsultancyAdding Value to your Business

About PRDnationwide Research

PRDnationwide’s research division provides

reliable, unbiased, and authoritative property

research and consultancy to clients in metro and

regional locations across Australia.

Our extensive research capability and specialised

approach ensures our clients can make the most

informed and financially sounds decisions about

residential and commercial properties.

Our Knowledge

Access to accurate and objective research is the

foundation of all good property decisions.

As the first and only truly knowledge based property

services company, PRDnationwide shares

experience and knowledge to deliver innovative and

effective solutions to our clients.

We have a unique approach that integrates people,

experience, systems and technology to create

meaningful business connections We focus on

understanding new issues impacting the property

industry; such as the environment and sustainability,

the economy, demographic and psychographic

shifts, commercial and residential design; and

forecast future implications around such issues

based on historical data and fact.

Our People

Our research team is made up of highly qualified

researchers who focus solely on property

analysis.

Skilled in deriving macro and micro quantitative

information from multiple credible sources, we

partner with clients to provide strategic advice and

direction regarding property and market

performance. We have the added advantage of

sourcing valuable and factual qualitative market

research in order to ensure our solutions are the

most well considered and financially viable .

Our experts are highly sought after consultants for

both corporate and government bodies and their

advice has helped steer the direction of a number of

property developments and secured successful

outcomes for our clients.

Our Services

PRDnationwide provides a full range of property

research services across all sectors and markets

within Australia.

We have the ability and systems to monitor market

movements, demographic changes and property

trends. We use our knowledge of market sizes, price

structure and buyer profiles to identify opportunities

for clients and provide market knowledge that is

unbiased, thorough and reliable.

Our services include:

• Advisory and consultancy

• Market Analysis including profiling and trends

• Primary qualitative and quantitative research

• Demographic and target market analysis

• Geographic information mapping

• Project Analysis including product and pricing

recommendations

• Rental and investment return analysis

• Competitive project activity analysis

• Economic indicators

• Social research, including focus groups

Telephone: +61 1 3229 3344

Web: www.prdresearch.com.au

Our Research Reports

Property Watch® Reports: Over 130 snapshots of

various areas around Australia, as well as specific

reports on property topics of interest such as resale

growth, infrastructure planning, luxury properties,

and supply and demand.

Highlight Reports: Major annual reports examining

the macro and micro economic information of larger

catchment areas within select city, rural, and coastal

regions.

Quarterly Economic and Property

Report: Produced quarterly to examine economic

and property trends nationally.

Niche Reports: Covering topical subjects such as

mixed use and transit oriented developments,

marina berths, waterfront property and luxury

property markets.

Suburb Profiles: Detailed demographic and sales

information for statistical local areas (suburbs) in

Queensland, New South Wales, Victoria, and

Australian Capital Territory.

Residential Unit Reports: Quarterly reports based

on primary research into the sale of new units within

major metro and coastal cities identifying trends and

opportunities

“We set industry benchmarks when partnering with our clients to answer key

questions and solve complex issues in the residential development arena.”

Telephone: +61 7 3229 3344

Web: www.prdresearch.com.au

Research Consultancy Service

We set industry benchmarks when partnering

with our clients to answer key questions and

solve complex issues in the residential

development arena.

Our specialised consultancy service adds value

to our clients' business by identifying the best

means for gaining a competitive advantage. We

have extensive experience in providing advice

on virtually every type of residential property

and the issues and considerations that

surround them.

We simplify your decision-making process

by providing comprehensive information

and recommendations including (but not

limited to):

For more information on how we can

assist you contact (07) 3026 3322.

Your Property

Primary & Secondary

Market Analysis

Target Market

Analysis & Consumer Research

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Spatial Analysis

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Strategies

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Analysis

www.prd .com .au

gladstone area highlight report | fourth quarter 2010

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