RDA Darling Downs and South West RegionEconomic profile
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RDA Darling Downs and South West Region

Housing prices

At June 2018, the median house valuation in South West RED Region was $3,762,279 higher compared to Queensland.

This indicator shows the value of houses and units in the RDA Darling Downs and South West Region and wider region during the period 2014-2018. Housing values are an indicator of the level of demand for housing in the area, as well as the type of housing available. Housing demand may be related to the desirability of the area and proximity to major employment destinations.

Value of houses
Value of houses Queensland: $418,290 Queensland: $431,357 Queensland: $436,708 Queensland: $450,485 Queensland: $458,360 Regional QLD: $382,365 Regional QLD: $385,253 Regional QLD: $379,799 Regional QLD: $372,552 Regional QLD: $375,506 South West RED Region: $941,453 South West RED Region: $1,001,139 South West RED Region: $1,015,252 South West RED Region: $656,295 South West RED Region: $4,220,639
Source: Hometrack 2014-2018, Housing Valuation System
Value of units
Value of units Queensland: $328,583 Queensland: $336,872 Queensland: $347,111 Queensland: $351,231 Queensland: $356,880 Regional QLD: $302,253 Regional QLD: $306,606 Regional QLD: $321,364 Regional QLD: $329,550 Regional QLD: $342,533 South West RED Region: $232,280 South West RED Region: $0 South West RED Region: $1,925,697 South West RED Region: $0 South West RED Region: $0
Source: Hometrack 2014-2018, Housing Valuation System
Median housing value
HousesUnits
Year (at June)South West RED RegionRegional QLDQueenslandSouth West RED RegionRegional QLDQueensland
2018$4,220,639$375,506$458,360--$342,533$356,880
2017$656,295$372,552$450,485--$329,550$351,231
2016$1,015,252$379,799$436,708$1,925,697$321,364$347,111
2015$1,001,139$385,253$431,357--$306,606$336,872
2014$941,453$382,365$418,290$232,280$302,253$328,583

Source: Hometrack 2014-2018, Housing Valuation System.

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