QLD Sunnybank, Sunnybank Hills, Runcorn - some hard numbers

We all know there are markets within markets. We always hear about Brisbane-wide (or worse, SE QLD-wide) stats, but it's never easy to get specific suburb stats. You probably all know me as being a big fan of the Sunnybank and surrounding areas so now I have some stats to backup my enthusiasm...

I can't take credit for this btw - it all comes from QMT (credit where credit is due), except for the following analysis, that's all mine:

My analysis / observations:

• In the last 18 years, there have only been 2-4 years with negative growth. And of those, at least half of those were a result of a freak incident (the 2011 flood)
• Notice the market takes off in 2002 - for reference, the Sydney boom ended in 2003, which supports the trend that Brisbane generally takes off after Sydney
• Notice how the boom always hits Sunnybank first and trickles out to Sunnybank Hills and Runcorn as people get priced out - again something I and other investors here have been saying for a while (compare 2002 - 2004 Sunnybank with the other two, notice both the magnitude and the 1 year delay)
• Notice the dwindling stock levels in the second chart - this is good news for price growth...it's cheaper to buy, but on the flip side it's also cheaper for vendors to hold on as well
• Also notice the peak sales periods are the start of Spring and towards the end of Summer (third chart). We're just entering Spring now! Hold onto your hats ladies and gentlemen...

Enjoy.

 

Very nice write up. How did you get the data? Can't seem to find it by googling

 

QMT Realty, got it from one of their staff.

 

Ah. Was hoping it'd be readily available on their website...

 

Cheers for the info mate! It's good already being in the market for once and sitting back waiting for what happens!

 

Me too, there are 3-4 other suburbs I'd like this data on but they didn't have it. She sent me all she had.

 

Nice stats. Any similar reports for units (my interest in villas/townhouses) ?

 

Sorry unfortunately not.

 

Ok. Have a question though for all the experienced investors...historic graphs for units of some suburbs seem to have missing data b/w 2010 & 2012 on realestate.com.au? Any idea why is that? Example suburb is Acacia Ridge in Brisbane..there's many more like this

 

Thanks for sharing anyway

 

The graphics make it look like Pricefinder screens.
I've just done some analysis on a set of suburbs to see if the ripple effect is really visible... still analysing...

 

Just discovered thanks to Shawn, you'l find that format by googling.... PDSlive, Property Data Solutions currently known as Pricefinder. It's a paid subscription but they offer that free suburb flyover feature of many contained in this tool that I've been using for the past 13 years.

 

Cool, thank for sharing it here mate .

 

Lets hype Sunnybank & surrounding thread.. sounds good to me I just bought. Although TH data would be great..
As Rick said, looks like Pricefinder data.

 

Why not
There already are so many hype brisbane threads..., North, South, Logan, etc...rename PC to BrisbaneChat

 

Sunnybank doesn't actually need Brisbane to rise for it price to move up.
It has it's own driving forces that being rich Chinese buyers...
but a little extra heat won't hurt.

 

Just had a quick look at runcorn. Nothing much under 500k (that isn't a main road or 300sqm block) for sale. Good signs, when I was looking a couple of months ago there was still quite a few.

 

@Rixter what other Pricefinder features did you use?

 

great stats.. would be interesting to see some similar info on Algester if your able to get any?

 

@Catalyst All these features.. ...and here too.