Fraser Coast Regional CouncilEconomic profile
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Fraser Coast Regional Council

Housing valuation

At June 2017, Fraser Coast Regional Council had a median house valuation of $305,131, $154,222 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 Council20172013Change
Housing value (at June)Fraser Coast Regional CouncilQueenslandFraser Coast Regional Council relative to QueenslandFraser Coast Regional CouncilQueenslandFraser Coast Regional Council relative to Queensland2013 to 2017
House--------------
First Quartile$223,575$318,187-29.7%$222,209$303,498-26.8%+$1,366
Median$305,131$459,353-33.6%$285,337$398,530-28.4%+$19,794
Third Quartile$378,395$632,943-40.2%$348,671$512,407-32.0%+$29,724
Unit--------------
First Quartile$180,670$273,293-33.9%$194,551$253,719-23.3%-$13,881
Median$241,383$353,056-31.6%$225,899$315,561-28.4%+$15,484
Third Quartile$265,099$443,936-40.3%$254,588$390,486-34.8%+$10,511

Source: Hometrack 2013-2017, Housing Valuation System.

Housing values, 2017
Housing values, 2017 Third Quartile, Queensland: $443,936 Median, Queensland: $353,056 First Quartile, Queensland: $273,293 Third Quartile, Queensland: $632,943 Median, Queensland: $459,353 First Quartile, Queensland: $318,187 Third Quartile, Fraser Coast Regional Council: $265,099 Median, Fraser Coast Regional Council: $241,383 First Quartile, Fraser Coast Regional Council: $180,670 Third Quartile, Fraser Coast Regional Council: $378,395 Median, Fraser Coast Regional Council: $305,131 First Quartile, Fraser Coast Regional Council: $223,575
Source: Hometrack 2013-2017, Housing Valuation System
Change in housing values, 2013 to 2017
Change in housing values, 2013 to 2017 Third Quartile, Queensland: $53,450 Median, Queensland: $37,495 First Quartile, Queensland: $19,574 Third Quartile, Queensland: $120,536 Median, Queensland: $60,823 First Quartile, Queensland: $14,689 Third Quartile, Fraser Coast Regional Council: $10,511 Median, Fraser Coast Regional Council: $15,484 First Quartile, Fraser Coast Regional Council: $-13,881 Third Quartile, Fraser Coast Regional Council: $29,724 Median, Fraser Coast Regional Council: $19,794 First Quartile, Fraser Coast Regional Council: $1,366
Source: Hometrack 2013-2017, Housing Valuation System

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