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Sydney's Northern Beaches
First Quarter l 2011
In Focus
Brisbane | March | 2009
Colliers International does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the information, figures and
projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. Colliers International will not be
liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Use with written permission only. Copyright © – 2009
First Quarter 2011
Prepared by PRDnationwide Research. Source: ABS
A Focus on Sydney’s Northern Beaches
ScopeOver two years after the start of the 2008 Global Financial Crisis
(GFC), a strong recovery is evident in the wider Sydney property
market. Prices are at record highs, with only a moderate impact
by consecutive increases in interest rates. However, the
aftermath of the Crisis saw lending criteria tightening with some
homebuyers finding it hard to obtain finance. A softening in
market conditions are now apparent as result of the increases in
interest rates.
In light of this growing trend for knowledge, this In Focus Report
highlights the current market climate and driving forces behind
one of New South Wales’s most exciting markets. The Sydney
property market, and in particular suburban beachfront regions
such as the Northern Beaches have been setting the benchmark
across Australia in the past decade, with demand often
outstripping supply and exceptional capital growth buoyed by
robust sales volumes. This report analyses the Manly, Warringah
and Pittwater Local Government Areas (LGAs). It covers the
demographics of the area and the inherent fundamentals
underpinning the performance of house and unit products in this
region.
31,60134,586
37,813
41,341
45,198
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
50,000
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Es
tim
ate
d R
es
ide
nt
Po
pu
lati
on
Years
Projected Warrnambool LGA Population
Assumed average growth of 1.8% per annum during the next 20 years
In Focus - Sydney’s Northern Beaches Research
Area CharacteristicsBordered by Middle Harbour and the Pacific Ocean and located13 kilometres from the Sydney CBD, the Three LGAs span over an
area of approximately 255 square kilometres. The Manly LGA is famous for its restaurants, cafes and the famous Manly Beach,
while Warringah and Pittwater LGAs offer a relaxed environment close to the ocean and several national parks. The three LGAs are
serviced by Military Road and Warringah Road, as well as the Wakehurst Parkway and Pittwater Road. Regular ferry service to the
Sydney CBD is available at the Manly Wharf. The Northern Beaches’ stylish homes and attractive beaches resulted in a strong
tourism and service based economy, with business centres in Manly, Brookvale, Belrose and Mona Vale.
Demographic SnapshotAccording to the Australian Bureau of Statistics (ABS), the most recent Estimated Resident Population (ERP) figures suggest that
Sydney’s Northern Beaches are home to 243,849 residents as at June 2009. Manly and Pittwater LGAs recorded a 3.2 per cent
population growth in the twelve months to June 2009 further highlight the appeal of the region, in particular when compared to the
Sydney Metropolitan average growth of 1.3 per cent over the same period. The NSW Department of Planning projections for the
Northern Beaches indicate a population of 250,300 residents in 2016 and 277,100 by 2036. The median household incomes range
from $1,387 to $1,705 per week indicates a relatively wealthy population, with an average of 27 per cent of residents represented in
the highest weekly income bracket of $2,500 plus. The Northern Beaches Statistical Region registered an unemployment rate of 3.5
per cent in 2008 to 2009, significantly lower than the 5.7 per cent unemployment rate in NSW.
Manly LGA Pittwater LGA Warringah LGA
Population 2009 40,939 58,818 144,092
Population 2008 39,667 57,018 141,686
Population growth rate 2008 to 2009 3.2% 3.2% 1.7%
Portion of residents aged 65 years and older 14% 15% 15%
Portion of residents aged 15 years and younger 17% 20% 19%
Average age 37 41 38
Median weekly household income $1,705 $1,486 $1,387
Median weekly individual income $790 $653 $624
Average number of people per household 2.4 3 3
Northern Beaches Demographics
Brisbane | March | 2009
Colliers International does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the information, figures and
projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. Colliers International will not be
liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Use with written permission only. Copyright © – 2009
14.0%
6.1% 7.7% 6.6% 7.9%
39.3%
42.9%
48.3%
42.7%
33.6%
30.4%
32.5%
27.3%35.0%
32.0%
8.4%10.4%
10.7% 7.7%
17.8%
7.9% 8.2% 5.9% 8.0% 8.7%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008JUN 2008DEC 2009JUN 2009DEC 2010JUN
Pe
rce
nta
ge
sh
are
of t
ota
l m
ark
et
Half year period
$500,000 +
$400,000 to $499,999
$300,000 to $399,999
$200,000 to $299,999
Less than $200,000
0% 5% 10% 15% 20% 25% 30%
2001 JUN
2002 JUN
2003 JUN
2004 JUN
2005 JUN
2006 JUN
2007 JUN
2008 JUN
2009 JUN
2010 JUN
% of Capital Growth
12
Mo
nth
Pe
rio
d
Unit Resales
House Resales
First Quarter 2011
In Focus - Sydney’s Northern Beaches Research
Northern Beaches House MarketThe first half of 2010 saw the Northern Beaches maintain their
attraction to buyers seeking beachside living within close
proximity to Sydney CBD. A combination of strong population
growth, limited amount of new supply and record low interest
rates during the GFC lowered affordability barriers and led to
buoyant demand which increased the pressure on house
prices. Closing the June 2010 half year period at $1,000,000,
the median sale price for houses in the Northern Beaches
market recorded an annual growth of 15.6 per cent. Looking
over the longer term, a growth rate of 6.8 per cent per annum
was maintained in the past 10 years.
The median price was attained from a total of 1,339 house
transactions, 55 per cent of which transacted within the
Warringah LGA, with the remaining 45 per cent divided
between the Manly LGA (14 per cent) and the Pittwater LGA
(31 per cent). This level of sales represented an increase of
eight per cent over the same period in 2009, and is 4.5 per
cent below the five year average sales level of 1,402
transactions per six month period.
Observing sales activity by price points, the majority of sales in
the Northern Beaches transacted in the $700,000 to $899,999
price bracket, accounting for 29 per cent of the market. At the
lower end of the market houses selling below $700,000
accounted for six per cent of sales while at the top end 147
transactions, equating to 11 per cent of the market, sold for in
excess of $1.9 million.
In the past two years a shift towards the higher price brackets
can be noticed. The portion of houses selling in the bottom
price bracket of below $700,000 decreased 40 per cent in the
six months to June 2010, and 63 per cent from the June 2009
half year. At the same time, the top price bracket of $1.9
million plus experienced a 38 per cent increase in size from
only eight per cent of the market in the June 2009 half year to
11 per cent of sales for the same period in 2010. This trend
can be largely attributed to the change in the type of market
participants as first home buyers activity wound down while
investor and upgraders activity increased.
To better understand the actual capital returns achieved by
vendors who sold during the period, PRDnationwide Research
conducted a resales analysis of the Northern Beaches house
market. The analysis revealed an average annual capital
growth of 5.7 per cent per annum for those who exited the
market in the six months to June 2010, with an average
holding period of 5.3 years between resales.
2010 marked a year where the house market remained
partially induced by the 2009 Government Stimulus measures
and well positioned purchasers capitalised on larger properties
selling at discounted prices. Looking into 2011, it is likely that
the November 2010 interest rate increase will lead to softer
conditions, particularly at the bottom end of the market. It is
expected that investors, lured by the location and amenities of
the Northern Beaches will keep the top end of the market
active.
$1,000,000
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
0
500
1,000
1,500
2,000
2,500
19
99
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20
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20
10
JU
N
Me
dia
n s
ale
pri
ce
Nu
mb
er o
f s
ale
s
Half year period
Number of sales
Median
Prepared by PRDnationwide Research. Source: PDS Live
Northern Beaches House Sales Cycle
2000 JUN 2005 JUN 2009 JUN 2010 JUN
HOUSES $520,000 $815,000 $865,000 $1,000,000 6.8% 4.2% 15.6%
UNITS $317,500 $440,000 $485,000 $549,500 5.6% 4.5% 13.3%
LAND #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM!
1yr growth10yr
growth rate
5yr growth
rate
2009 JUN 2009 DEC 2010 JUN
$865,000 $930,000 $1,000,000
1,239 1,682 1,339
$485,000 $525,000 $549,500
1,522 1,606 1,316
#NUM! #NUM! #NUM!
0 0 0
FRENCHS FOREST 94 7%
AVALON 88 7%
NEWPORT 74 6%
FORESTVILLE 62 5%
SEAFORTH 61 5%
BELROSE 56 4%
MONA VALE 54 4%
BEACON HILL 51 4%
MANLY 45 3%
FRESHWATER 42 3%
ALLAMBIE HEIGHTS 40 3%
NARRAWEENA 40 3%
WARRIEWOOD 37 3%
BALGOWLAH 35 3%
COLLAROY PLATEAU 35 3%
CROMER 35 3%
NORTH CURL CURL 35 3%
BILGOLA 34 3%
House Price Points – June 2008 to June 2010*
Prepared by PRDnationwide Research. Source: PDS Live
*Six month period
Avg Cap Growth holding period
5.7% 5.3
20% and over
10% - 20%
5% - 10%
1% - 5%
Less than 1%
6%10%
16% 16%12%
29%
35%
39%35%
35%
22%
19%
17%
17%
17%
13%
11%
8%10%
10%
9%
7%
5% 6%
8%
7%4%
4% 4%4%
3% 3%2% 2%
4%
11%11%
8% 9% 10%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Jun 2010 Dec 2009 Jun 2009 Dec 2008 Jun 2008
At least $1,900,000
$1,700,000 to $1,899,999
$1,500,000 to $1,699,999
$1,300,000 to $1,499,999
$1,100,000 to $1,299,999
$900,000 to $1,099,999
$700,000 to $899,999
Less than $700,000
Median House Price Growth – June 2009 to June 2010
12%16% 16%
10%6%
35%
35%39%
35%
29%
17%
17%
17%
19%
22%
10%
10%8%
11%
13%
8%
6% 5%
7%
9%
4%4% 4%
4%7%
4%2% 2%
3% 3%
10%9%
8%11% 11%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Jun 2008 Dec 2008 Jun 2009 Dec 2009 Jun 2010
At least $1,900,000
$1,700,000 to $1,899,999
$1,500,000 to $1,699,999
$1,300,000 to $1,499,999
$1,100,000 to $1,299,999
$900,000 to $1,099,999
$700,000 to $899,999
Less than $700,000
Brisbane | March | 2009
Colliers International does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the information, figures and
projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. Colliers International will not be
liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Use with written permission only. Copyright © – 2009
Northern Beaches Unit MarketThe number of units in Sydney’s Northern Beaches increased
in recent years to become the dwelling type of choice in many
of the region’s suburbs. In the Manly LGA, units and
townhouses represent 56 per cent of all dwellings, while in the
Warringah and Pittwater LGAs strata titled dwellings account
for 37 per cent and 20 per cent of the housing stock
respectively.
The median sale price for units in the June 2010 six month
period climbed to $549,500 stemming from a total of 1,316
transactions. This median figure represents a twelve month
growth of 13.3 per cent, while the 10 year growth rate of 5.6
per cent per annum indicates a stable long term performance.
Most unit transactions took place in the $400,000 to $499,999
price bracket capturing 23 per cent of the market’s activity,
closely followed by the $500,000 to $599,999 bracket which
accounted for 21 per cent of the market. At the lower end of
the market, a unit in Wanganella Street, Balgowlah sold for
$165,000 while at the top end a premium of $4,500,000 was
paid for a beachside apartment on North Styne, Manly.
The price point chart shows a shift from lower to higher price
brackets across the Northern Beaches unit market. At the
lower end of the market, transactions below $300,000 declined
by 50 per cent between the June 2008 to the June 2010 half
year period. The top end of the market had a marginal
increase in activity while the middle brackets of $500,000 to
$599,999 and $600,000 to $699,999 increased by 31 and 88
per cent respectively.
New DevelopmentNew stock currently under construction or recently completed
includes several projects on Darley Street in Bayview and
Mona Vale, and on Pittwater Road in Manly and Narrabeen.
Due to scarcity of large development sites in the region, new
projects rely on demolition and consolidation of existing sites.
First Quarter 2011
In Focus - Sydney’s Northern Beaches Research
Northern Beaches Unit Sales Cycle
$549,500
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
19
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JU
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Me
dia
n s
ale
pri
ce
Nu
mb
er o
f s
ale
s
Half year period
Number of sales
Median
Prepared by PRDnationwide Research. Source: PDS Live
2000 JUN 2005 JUN 2009 JUN 2010 JUN
HOUSES $520,000 $815,000 $865,000 $1,000,000 6.8% 4.2% 15.6%
UNITS $317,500 $440,000 $485,000 $549,500 5.6% 4.5% 13.3%
LAND #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM!
1yr growth10yr
growth rate
5yr growth
rate
2009 JUN 2009 DEC 2010 JUN
$865,000 $930,000 $1,000,000
1,239 1,682 1,339
$485,000 $525,000 $549,500
1,522 1,606 1,316
#NUM! #NUM! #NUM!
0 0 0
Unit Price Points – June 2008 to June 2010*
Prepared by PRDnationwide Research. Source: PDS Live
*Six month period
Location Developer Project Specifics Estimated Value StageConstruction
Commencement
Forecasted
Completion
The Corso, Manly London Fashions CORSOLEIL, MANLY
60 APARTMENTS -
SUPERMARKET - SPECIALITY
SHOPS - 7 storey
$15.5 million Construction Commenced Nov-10 May-12
Denison St & Whistler St, ManlyProactive Management
SpecialistsN/A 27 UNITS - 6 storey $14.4 million Construction Commenced Dec-09 Complete
Woodland St, Balgowlah Abadeen Group WOODLAND TERRACES 25 TOWNHOUSES - 2 & 3 storey $12 million Construction Commenced Aug-10 Nov-11
The Corso, Manly Hilrok Properties THE CORSO31 APARTMENTS - SHOPS –
2 buildings - 5 storey$11 million Construction Commenced Mar-10 Complete
Montpelier Pl, Manly Lend Lease ST PATRICKS ESTATE 7 TOWNHOUSES $9.1 million Construction Commenced Sep-09 Complete
Pittwater Rd, Manly Norfolk Group N/A28 APARTMENTS - 5 storey – 4
SHOPS / OFFICES - 2 storey$5.5 million Construction Commenced Nov-09 Dec-10
Darley St, Bayview IPM THE MASTERS40 APARTMENTS –
GOLF COURSE$30 million Construction Commenced Jul-10 Feb-11
DARLEY St,
Mona ValeARKANA DARLEY STREET
20 HOUSING UNITS –
2 storey$10.4 million Construction Commenced Dec-10 Feb-12
Pittwater Rd, NarrabeenAranda Pty Ltd (Part of
Cavill Properties)NARRABEEN SANDS HOTEL SITE 48 UNITS - 4 storey $6.23 million Construction Commenced Oct-10 Dec-11
Pittwater Rd & Dee Why Pde, Dee Why Dee Why RSL Club OCEAN GROVE, DEE WHY76 SENIORS LIVING POLICY
UNITS - 3 buildings - 5 storey$22 million Construction Commenced Mar-09 Complete
Narrabeen St
& Ocean Street, NarrabeenCabe Developments N/A 33 APARTMENTS - 3 storey $11.6 million Construction Commenced Aug-10 Q3 2011
Pittwater Rd, Brookvale Life Property Group BROOKVALE DEVELOPMENTRETAIL – 39 APARTMENTS -CAR
PARKING$9 million Construction Commenced Apr-10 Feb-11
Kenneth Rd & Roseberry Street, Manly Vale Cavill Properties ROSEBERRY 45 APARTMENTS - 3 storey $6.4 million Construction Commenced Aug-09 Complete
Oaks Ave, Dee Why Torada N/A 20 APARTMENTS - 4 storey $6 million Construction Commenced May-09 Complete
Prepared by PRDnationwide Research. Source: BCI
8%9%
5% 4%4%
22% 20%20%
14% 12%
24% 26%29%
26%
23%
16%18% 21%
20%
21%
8%
8%8%
12%
15%
7%7%
6%
8% 7%
4%3%
3%
4% 4%
11% 10%7%
12% 13%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Jun 2008 Dec 2008 Jun 2009 Dec 2009 Jun 2010
At least $900,000
$800,000 to $899,999
$700,000 to $799,999
$600,000 to $699,999
$500,000 to $599,999
$400,000 to $499,999
$300,000 to $399,999
Less than $300,000
Brisbane | March | 2009
Colliers International does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the information, figures and
projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. Colliers International will not be
liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Use with written permission only. Copyright © – 2009
Northern Beaches Rental Growth Cycle*
Northern Beaches Rental MarketOver the last year rental vacancy rates within the Northern
Beaches have tightened from a figure of 2.3 per cent in
November 2009 to 1.2 per cent in October 2010. Data
suggests a cyclical trend in Sydney’s middle ring suburbs of
which the Northern Beaches are a part of, with lower vacancy
rates during October and higher rates in July.
The rental growth cycle chart below shows the median weekly
rent for a three bedroom house in the Pittwater and Warringah
LGAs increased by 12.1 and 10.8 per cent respectively in the
twelve months to September 2010. During the same period the
Manly LGA experienced a small decrease in median rent.
Conversely, the median weekly rent for a two bedroom unit in
experienced an annual increase of between 5.1 per cent in the
Warringah LGA and 7.0 per cent in the Pittwater LGA, a
significantly lower growth level than that of houses.
To better understand the level of rental prices in the Northern
Beaches PRDnationwide Research conducted a ten year
analysis comparing the region’s median rental price with those
of the Sydney Metropolitan Area (SMA). The analysis revealed
that over the past ten years the Manly LGA’s median weekly
house rent more than doubled that of the SMA ($838
compared with $390 per week in September 2010), while rents
in the Warringah and Pittwater LGAs were approximately 180
per cent more than those in the SMA.
Looking forward, there is no reprieve for renters in the short to
medium term. The Northern Beaches strong population
growth, coupled with a shortage in available land and limited
amount of new stock coming on the market suggest a tight
rental market.
As capital gains outpaced rental markets in 2009 and the first
half of 2010, the rent-to-price ratio declined. It is expected that
this ratio will improve in 2011 as the market consolidates and
rent prices rise, providing further incentive to investors to
increase their participation in the market.
In Focus - Summary• Strong capital growth – units in the Manly LGA
increasing 22.3% in the year to June 2010.
• Strong rental growth - Pittwater LGA median rent
increased by 12.1% in the year to September 2010.
• Shortage in vacant land and the limited amount of
developments have created a cap on supply of new
units into the market.
• Strong population growth increased demand for
beachside living within close proximity to the city.
First Quarter 2011
In Focus - Sydney’s Northern Beaches Research
Prepared by PRDnationwide Research. Source: PDS Live, Housing NSW
Rental Market Snapshot – June 2010
Northern
Beaches
Property
Returns
Manly LGAPittwater
LGAWarringah LGA
Three
Bedroom
House
Two
Bedroom
Unit
Three
Bedroom
House
Two
Bedroom
Unit
Three
Bedroom
House
Two
Bedroom
Unit
Median Price Change p/a
(Year to June 2010)13% 22.3% 13.7% 10.4% 16.3% 11.4%
Rental Return p/a 2.8% 4.1% 3.4% 4.0% 3.8% 4.7%
Total Property Return 15.8% 26.4 17.1% 14.4% 20.1% 16.1%
Prepared by PRDnationwide Research. Source: PDS Live, Housing NSW
Prepared by PRDnationwide Research. Source: Housing NSW
*10 – 25km from CBD Prepared by PRDnationwide Research. Source: REINSW
Sydney's Middle Ring Suburbs Vacancy Rates*
1.0%
2.3%
1.1%
2.0%
1.2%
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
Aug
-08
Sep
-08
Oct-
08
No
v-0
8
Dec-0
8
Jan-0
9
Feb
-09
Mar-
09
Ap
r-09
May-0
9
Jun-0
9
Jul-09
Aug
-09
Sep
-09
Oct-
09
No
v-0
9
Dec-0
9
Jan-1
0
Feb
-10
Mar-
10
Ap
r-10
May-1
0
Jun-1
0
Jul-10
Aug
-10
Sep
-10
Oct-
10
No
v-1
0
Vacan
cy R
ate
Month
$695
$838
$665
$450
$550
$460
$0
$100
$200
$300
$400
$500
$600
$700
$800
$900
-
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
2000 S
EP
2001 S
EP
2002 S
EP
2003 S
EP
2004 S
EP
2005 S
EP
2006 S
EP
2007 S
EP
2008 S
EP
2009 S
EP
2010 S
EP
New
Lett
ing
s
Quarter
New Lettings Pittwater
New Lettings Manly
New Lettings Warringah
House Rent Pittwater
House Rent Manly
House Rent Warringah
Unit Rent Pittwater
Unit Rent Manly
Unit Rent Warringah
*Median weekly rent for a 2 b/r unit and 3 b/r house
Pittwater Manly WarringahPittwater Manly WarringahPittwater Manly Warringah
12.1% -1.4% 10.8% 5.1% 5.2% 7.0% -8.0% -7.9% -5.5%
New LettingsHouse Rent Unit Rent0
0.5
1
1.5
2
2.5
3
Sep-00 Sep-01 Sep-02 Sep-03 Sep-04 Sep-05 Sep-06 Sep-07 Sep-08 Sep-09 Sep-10
Manly unit
Pittwater unit
Warringah unit
Manly house
Pittwater house
Warringah house
Separate Houses - Three Bedrooms
LGA/Ring/SD NAME Sep-00 Sep-01 Sep-02 Sep-03 Sep-04 Sep-05 Sep-06 Sep-07 Sep-08 Sep-09 Sep-10
Manly 500 500 500 500 573 608 700 650 785 850 838
Pittwater 420 430 433 450 485 520 525 550 600 620 695
Warringah 410 420 420 430 460 478 500 550 620 600 665
Sydney SD 235 240 240 250 250 260 270 295 348 360 390
Inner Ring 420 430 420 420 470 470 493 568 630 630 700
Manly house 2.1277 2.0833 2.0833 2 2.29 2.3365 2.5926 2.2034 2.259 2.3611 2.1474
Pittwater house 1.7872 1.7917 1.8021 1.8 1.94 2 1.9444 1.8644 1.7266 1.7222 1.7821
Warringah house 1.7447 1.75 1.75 1.72 1.84 1.8365 1.8519 1.8644 1.7842 1.6667 1.7051
Research & ConsultancyAdding Value to your Business
About PRDnationwide Research
PRDnationwide’s research division provides
reliable, unbiased, and authoritative property
research and consultancy to clients in metro and
regional locations across Australia.
Our extensive research capability and specialised
approach ensures our clients can make the most
informed and financially sounds decisions about
residential and commercial properties.
Our Knowledge
Access to accurate and objective research is the
foundation of all good property decisions.
As the first and only truly knowledge based property
services company, PRDnationwide shares
experience and knowledge to deliver innovative and
effective solutions to our clients.
We have a unique approach that integrates people,
experience, systems and technology to create
meaningful business connections We focus on
understanding new issues impacting the property
industry; such as the environment and sustainability,
the economy, demographic and psychographic
shifts, commercial and residential design; and
forecast future implications around such issues
based on historical data and fact.
Our People
Our research team is made up of highly qualified
researchers who focus solely on property
analysis.
Skilled in deriving macro and micro quantitative
information from multiple credible sources, we
partner with clients to provide strategic advice and
direction regarding property and market
performance. We have the added advantage of
sourcing valuable and factual qualitative market
research in order to ensure our solutions are the
most well considered and financially viable .
Our experts are highly sought after consultants for
both corporate and government bodies and their
advice has helped steer the direction of a number of
property developments and secured successful
outcomes for our clients.
Our Services
PRDnationwide provides a full range of property
research services across all sectors and markets
within Australia.
We have the ability and systems to monitor market
movements, demographic changes and property
trends. We use our knowledge of market sizes, price
structure and buyer profiles to identify opportunities
for clients and provide market knowledge that is
unbiased, thorough and reliable.
Our services include:
• Advisory and consultancy
• Market Analysis including profiling and trends
• Primary qualitative and quantitative research
• Demographic and target market analysis
• Geographic information mapping
• Project Analysis including product and pricing
recommendations
• Rental and investment return analysis
• Competitive project activity analysis
• Economic indicators
• Social research, including focus groups
Telephone: +61 1 3229 3344
Web: www.prdresearch.com.au
Our Research Reports
Property Watch® Reports: Over 130 snapshots of
various areas around Australia, as well as specific
reports on property topics of interest such as resale
growth, infrastructure planning, luxury properties,
and supply and demand.
Highlight Reports: Major annual reports examining
the macro and micro economic information of larger
catchment areas within select city, rural, and coastal
regions.
Quarterly Economic and Property
Report: Produced quarterly to examine economic
and property trends nationally.
Niche Reports: Covering topical subjects such as
mixed use and transit oriented developments,
marina berths, waterfront property and luxury
property markets.
Suburb Profiles: Detailed demographic and sales
information for statistical local areas (suburbs) in
Queensland, New South Wales, Victoria, and
Australian Capital Territory.
Residential Unit Reports: Quarterly reports based
on primary research into the sale of new units within
major metro and coastal cities identifying trends and
opportunities
“We set industry benchmarks when partnering with our clients to answer key
questions and solve complex issues in the residential development arena.”
Telephone: +61 7 3229 3344
Web: www.prdresearch.com.au
Research Consultancy Service
We set industry benchmarks when partnering
with our clients to answer key questions and
solve complex issues in the residential
development arena.
Our specialised consultancy service adds value
to our clients' business by identifying the best
means for gaining a competitive advantage. We
have extensive experience in providing advice
on virtually every type of residential property
and the issues and considerations that
surround them.
We simplify your decision-making process
by providing comprehensive information
and recommendations including (but not
limited to):
For more information on how we can
assist you contact (07) 3026 3322.
Your Property
Primary & Secondary
Market Analysis
Target Market
Analysis & Consumer Research
GIS Mapping &
Spatial Analysis
Marketing & Launch
Strategies
Amenity Analysis
Product & Pricing Mix
Analysis
Prepared by PRDnationwide Research. Source: NSW Housing, NSW Department of Planning, PDS Live and ABS.
For further details contact Oded Reuveni Etzioni Research Analyst P: +61 2 9257 0254 or E: [email protected]
PRDnationwide does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information
contained herein, you must take note that the information, figures and projections have been provided by various sources and have not been verified by us.
We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRDnationwide will not be liable for any loss or
damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Use with written
permission only. Copyright © – 2011