During 2017 Toowoomba is set to see about
$615 million in new project development,
demonstrating substantial interest from pri-
vate entities.2
FRASER COAST
QLD
The Fraser Coast, about 276km north of Bris-
bane,hasapopulationofabout102,000,hosts
over 32,000 local jobs and produces a gross
regional product of $3.18 billion.
Overthe15yearsto2016,FraserCoast
Regional Council has experienced an average
annual price growth rate of 7.2% for houses,
8.8% for units and 7.7% for land.
Over2017therewillbeabout$704million
in new developments, including the Mary
Harbour master planned community, valued
atabout$500million.Expectedtostartin
December2017itwilladd1097residential
lots to the market.
Local and state government are investing
anestimated$69.1millionininfrastructure
this year and private entities are showing
interest with about $66.4 million of commer-
cial projects.3
IPSWICH
QLD
Ipswichislocatedabout42kmfromBrisbane,
andcombinesaffordablehousingwithdirect
train transport to the Brisbane CBD. Its pop-
ulationofabout190,125isexpectedtogrow
to 435,000 by 2031.
Overthe15yearsto2016,Ipswichhasexpe-
rienced an average annual price growth
rate of 9.8% for houses, 9. 5% for units and
9.9% for land.
Thisyearnewdevelopmentvaluedatabout
$2.3 billion is planned, with the majority
commercially focused.- Infrastructure–ithasthecapacityto
improvesurroundingpropertyvalues. - Commercial prospects – interest from
private entities indicate economic growth
andemploymentopportunities. - Other economic factors that indicate a
vibrantandgrowingareasuchaspopulation
growth, income and wage growth, strong
employment rate and local council plans.
PRDnationwide’s top 10
1
TOOWOOMBA
QLD
Toowoomba, 127km from Brisbane, with a
population of approximately 163,000, is
Australia’ssecondlargestinlandcity.It’s
experienced 15-year price growth (to 2016)
averaging7.9%forhouses,8.4%forunitsand
9.1%forvacantland.
A key development has been the Brisbane
West Wel lca mp A i r por t , 1 5. 6k m f rom
the Toowoomba CBD, which caters to inter-
national flights.Sunny outlook...
Queensland’s Fraser
Coast will get a
$69 million boost from
infrastructure.4
TAMWORTH
NSW
Tamworth, about 405km from Sydney, is
famous as Australia’s country music capital.
It’soneofthelargestcouncilsinthestate
with a population of over 58,000.
Overthe15yearsto2016,Tamworthexpe-
rienced an average annual price growth rate
of6.6%forhouses,5.8%forunitsand7.5%for
vacant land.
InApril2017Tamworth’srentalyieldfor
all houses was 5.3%, well above Sydney’s 2.7%,
making it an attractive place for investors.
This year Tamworth is set to see $125 mil-
lion of new development start, mostly from
the commercial sector.5
MAITLAND
NSW
Maitland, about 164km from Sydney, is set on
rich agricultural land with a diverse range of
economic activities including mining, agri-
culture, tourism and manufacturing. The
population is 76,607.
In the 15 years to 2016, the area has seen an
averageannualpricegrowthof7.4%forhous-
es,6.1%forunitsand7.4%forvacantland.
Houseandunitstockgrew7.1%and13.8%
respectively in the year to 2016.
An estimated $365.4 million of new projects
will start this year ($234.5 million residential
and $83.6 million commercial), signalling
economic growth.6
SHOALHAVEN
NSW
Shoalhaven City Council, about 192km south
ofSydney,hasapopulationof99,299.It’sknown
for its national parks, coastal waters and lakes.
Housepriceshavegrown5.9%ayearover
the15yearsto2016,withunitprices growing
5.4% and vacant land 9.2%.KEYFACTS:TOOWOOMBA, QLD
Median house price $370,000
Median land price $185,000
Median unit price $306,950
Vacancy rate 3.4%
House rental yield 3.9%KEYFACTS:FRASERCOAST, QLD
Median house price $315,000
Median land price $137,500
Median unit price $260,000
Vacancy rate 2.8%
House rental yield 4.5%KEYFACTS:IPSWICH,QLD
Median house price $332,500
Median land price $194,000
Median unit price $308,000
Vacancy rate 2.3%
Houserentalyield 4.4%
Unit rental yield 6.1%KEY FACTS: TAMWORTH, NSW
Median house price $325,000
Median land price $126,000
Median unit price $193,750
Vacancy rate 2.5%
House rental yield 5.3%KEY FACTS: MAITLAND, NSW
Median house price $420,000
Median land price $215,000
Median unit price $285,000
Vacancy rate 1.3%
House rental yield 4.1%