Fraser Coast Regional CouncilEconomic profile
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Fraser Coast Regional Council

Housing valuation

At June 2018, Fraser Coast Regional Council had a median house valuation of $304,737, $153,623 lower than the median house valuation for Queensland.

Housing valuation and rental data are a measure of the economic desirability of living in the local area. High housing prices usually indicate access to high-paid jobs and a very desirable area. However they can present issues in attracting and retaining key lower skilled workers. Lower housing prices indicate less demand and may be an asset for attracting people to live in the area. However they can also indicate lower paid and lower skilled jobs or a declining economy.

Housing prices often factor in a home ownership premium due to expected capital growth and the ability to customise the property, but rental costs are a more direct measure of the immediate economic value of living in the area. Increases in rents often have a more direct relationship to employment and demand for housing.

Hometrack 2013-2017, Housing Valuation System

Housing values
Fraser Coast Regional Council20182014Change
Housing value (at June)Fraser Coast Regional CouncilQueenslandFraser Coast Regional Council relative to QueenslandFraser Coast Regional CouncilQueenslandFraser Coast Regional Council relative to Queensland2014 to 2018
House--------------
First Quartile$226,032$316,285-28.5%$230,656$316,236-27.1%-$4,624
Median$304,737$458,360-33.5%$299,263$418,290-28.5%+$5,474
Third Quartile$377,042$639,156-41.0%$361,920$543,256-33.4%+$15,122
Unit--------------
First Quartile$194,390$273,559-28.9%$200,230$262,692-23.8%-$5,840
Median$244,108$356,880-31.6%$235,138$328,583-28.4%+$8,970
Third Quartile$271,035$444,896-39.1%$260,473$408,410-36.2%+$10,562

Source: Hometrack 2014-2018, Housing Valuation System.

Housing values, 2018
Housing values, 2018 Third Quartile, Queensland: $444,896 Median, Queensland: $356,880 First Quartile, Queensland: $273,559 Third Quartile, Queensland: $639,156 Median, Queensland: $458,360 First Quartile, Queensland: $316,285 Third Quartile, Fraser Coast Regional Council: $271,035 Median, Fraser Coast Regional Council: $244,108 First Quartile, Fraser Coast Regional Council: $194,390 Third Quartile, Fraser Coast Regional Council: $377,042 Median, Fraser Coast Regional Council: $304,737 First Quartile, Fraser Coast Regional Council: $226,032
Source: Hometrack 2014-2018, Housing Valuation System
Change in housing values, 2014 to 2018
Change in housing values, 2014 to 2018 Third Quartile, Queensland: $36,486 Median, Queensland: $28,297 First Quartile, Queensland: $10,867 Third Quartile, Queensland: $95,900 Median, Queensland: $40,070 First Quartile, Queensland: $49 Third Quartile, Fraser Coast Regional Council: $10,562 Median, Fraser Coast Regional Council: $8,970 First Quartile, Fraser Coast Regional Council: $-5,840 Third Quartile, Fraser Coast Regional Council: $15,122 Median, Fraser Coast Regional Council: $5,474 First Quartile, Fraser Coast Regional Council: $-4,624
Source: Hometrack 2014-2018, Housing Valuation System

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