residential land activity mackay

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Residential Land Activity Mackay

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Page 1: Residential Land Activity Mackay

• Mackay (RC) approved 1,176 residential lots in the year to June quarter 2009. This was a decrease of 33.1 per cent compared with the same period last year when 1,757 lots were approved.

• 357 residential lots were produced in Mackay

(RC) in the year to June quarter 2009. Compared with the previous year when 830 lots were produced, this was a decrease of 57 per cent.

• The number of lots registered in Mackay (RC) in the June quarter

2009 decreased by 17.4 per cent to 247 registrations compared to 299 registrations recorded in the same period last year. Lot registrations in the year ending June 2009 were down 25.1 per cent over the previous year.

• The number of lots consumed in Mackay (RC) in the June

quarter 2009 decreased by 17.1 per cent to 156 lots when compared with the same period last year. Lot consumption for the year ending June 2009 was down 25.8 per cent over the previous year.

• In the June quarter of 2009, 120 vacant land sales were

recorded with a median value of $172,000. This was an increase of 9.1 per cent in land sales volume and a decrease of 7 per cent in median value compared with the same quarter last year.

• In the year ending June 2009, Mackay (RC) recorded a 27.7 per

cent decrease in new residential dwelling approvals over the previous year. A total of 781 approvals, 85.9 per cent of which were for separate houses, compares to 1,080 approvals in 2008.

Residential land activity fact sheet* June quarter 2009

((

(

Whitsunday Whitsunday Whitsunday Whitsunday Whitsunday Whitsunday Whitsunday Whitsunday Whitsunday

Regional CouncilRegional CouncilRegional CouncilRegional CouncilRegional CouncilRegional CouncilRegional CouncilRegional CouncilRegional Council

Isaac Regional Council

Mackay Regional Council

Sarina

MackayMirani

MackayMackayMackayMackay (RC)(RC)(RC)(RC)

Quarterly lot approvals and production

0

250

500

750

1,000

Sep qt

r 200

0

Mar qtr 2

001

Sep qtr

2001

Mar qtr

2002

Sep q

tr 200

2

Mar qtr

2003

Sep qtr

2003

Mar qtr

2004

Sep qtr 2

004

Mar qtr

2005

Sep qtr

2005

Mar qtr

2006

Sep qtr 2

006

Mar qtr

2007

Sep qt

r 2007

Mar qtr 2

008

Sep qt

r 200

8

Mar

qtr 20

09

Lots approved Lots produced

Quarterly lot registration and consumption

0

150

300

450

Sep qt

r 2000

Mar qtr 2

001

Sep qt

r 200

1

Mar

qtr 20

02

Sep qt

r 2002

Mar qtr 2

003

Sep qtr

2003

Mar

qtr 20

04

Sep qt

r 2004

Mar qtr 2

005

Sep qt

r 200

5

Mar qt

r 2006

Sep q

tr 200

6

Mar qtr 2

007

Sep qtr

2007

Mar qt

r 2008

Sep q

tr 200

8

Mar qtr

2009

Lots registered Lots consumed

Top 10 LGAs for lots approved year ending June 2009

9201047

11591176

1302136614021467

31193626

0 1000 2000 3000 4000

Gympie (R C)Logan (C)

Sunshine Coast (R C)Mackay (R C)

Toowoomba (R C)Gold Coast (C)

Gladstone (R C)Brisbane (C)

Ipswich (C)Moreton Bay (R C)

Lot registration by tLot registration by tLot registration by tLot registration by type, year ending ype, year ending ype, year ending ype, year ending JuneJuneJuneJune 2009200920092009

Conventional

(individual

house lots)

71%

Community

management

lots

(townhouses)21%

Building format

lots (units)

8%

2500 - 50000 23%

1001 - 2500 13%

800 - 100022%

600 - 800 26%

450 - 600 11%

< 450 5%

LotLotLotLot r r r registration egistration egistration egistration by size, yby size, yby size, yby size, year ear ear ear eeeending nding nding nding JuneJuneJuneJune 2009200920092009

Page 2: Residential Land Activity Mackay

More detail on these topics available from the Planning Information and Forecasting Unit

The Planning Information and Forecasting Unit (PIFU) provides a comprehensive range of professional products and services in the areas of population, housing trends, projections and urban land supply. Standard and customised products are available. Please contact us for further information. Department of Infrastructure and Planning Planning Information and Forecasting Unit PO Box 15009 City East Qld 4002 Australia tel +61 7 3237 1115 (general enquires) +61 7 3237 1200 (data enquires) fax +61 7 3235 4071 [email protected]

www.dip.qld.gov.au

Sources for the Residential Land activity fact sheet: ABS unpublished dwelling approvals data. QDNRM Digital Cadestral Database (DCDB). QDLGP Queensland Residential Land and Dwelling Activity Monitor. QDNRW QVAS database. Copyright 2009 Planning Information and Forecasting Unit, QDIP, Australian Bureau of Statistics © The State of Queensland, Department of Infrastructure and Planning, 2009. Please note that intellectual property in the data contained in this document provided by the Australian Bureau of Statistics vests in the Commonwealth of Australia. The State of Queensland, acting through the Department of Infrastructure and Planning, supports and encourages the dissemination and exchange of information. However, copyright protects this material. The State of Queensland, acting through the Department of Infrastructure and Planning, asserts the right to be recognised (except where otherwise noted on the material) as the author of this material and the right to have its material remain unaltered. The Australian Bureau of Statistics gives no warranty that the data are free from error, are complete, have particular quality, and are suitable for any purpose or otherwise. *includes urban and rural residential zoning

Median residential land values and land sales volume

050

100150200250300350400450

Dec qt

r 200

0

Jun q

tr 20

01

Dec qtr 2

001

Jun qtr 2

002

Dec qtr 2

002

Jun q

tr 200

3

Dec qt

r 2003

Jun q

tr 20

04

Dec qt

r 200

4

Jun q

tr 20

05

Dec qtr 2

005

Jun qtr 2

006

Dec qtr 2

006

Jun q

tr 200

7

Dec qt

r 2007

Jun q

tr 20

08

Dec qt

r 200

8

Jun q

tr 20

09

Nu

mb

er o

f sal

es

020406080100120140160180200

Med

ian

(th

ous

ands

$)

Number of sales Median

Dwelling activityDwelling activityDwelling activityDwelling activity

Year toYear toYear toYear to Dwelling approvalsDwelling approvalsDwelling approvalsDwelling approvals

JuneJuneJuneJune HousesHousesHousesHouses OtherOtherOtherOther TotalTotalTotalTotal

2001200120012001 309 79 388

2002200220022002 611 74 685

2003200320032003 580 55 635

2004200420042004 894 123 1,017

2005200520052005 836 165 1,001

2006200620062006 855 77 932

2007200720072007 846 281 1,127

2008200820082008 909 171 1,080

2009200920092009 671 110 781

Sep qtr 2008Sep qtr 2008Sep qtr 2008Sep qtr 2008 187 75 262

Dec qtr 2008Dec qtr 2008Dec qtr 2008Dec qtr 2008 163 13 176

Mar qtr 2009Mar qtr 2009Mar qtr 2009Mar qtr 2009 126 13 139

Jun qtr 2009Jun qtr 2009Jun qtr 2009Jun qtr 2009 195 9 204

Land development pipeline dataLand development pipeline dataLand development pipeline dataLand development pipeline data

Year toYear toYear toYear to LotLotLotLot Op worksOp worksOp worksOp works UncompletedUncompletedUncompletedUncompleted LotLotLotLot LotLotLotLot LotLotLotLot Median valueMedian valueMedian valueMedian value Volume ofVolume ofVolume ofVolume of

JuneJuneJuneJune approval ¹approval ¹approval ¹approval ¹ approvalapprovalapprovalapproval lots ^lots ^lots ^lots ^ production ¹production ¹production ¹production ¹ registration ²registration ²registration ²registration ² consumptionconsumptionconsumptionconsumption land sales ³land sales ³land sales ³land sales ³ land sales ³land sales ³land sales ³land sales ³

2001200120012001 335 N/A N/A 431 465 236 N/A N/A

2002200220022002 451 N/A N/A 268 415 595 $ 57,800 524

2003200320032003 390 N/A N/A 310 499 534 $ 66,100 680

2004200420042004 699 N/A N/A 670 811 836 $ 80,500 1,132

2005200520052005 1,075 N/A 1185 822 945 830 $ 116,500 1,029

2006200620062006 1,574 N/A 2064 556 792 837 $ 160,500 690

2007200720072007 2,434 N/A 3566 934 1,119 798 $ 178,200 692

2008200820082008 1,757 1,150 4523 830 1,008 891 $ 183,600 541

2009200920092009 1,176 590 5377 357 755 661 $ 179,100 476

Sep qtr 2008Sep qtr 2008Sep qtr 2008Sep qtr 2008 185 114 4741 31 123 195 $ 185,000 118

Dec qtr 2008Dec qtr 2008Dec qtr 2008Dec qtr 2008 473 112 5098 89 236 170 $ 185,000 111

Mar qtr 2009Mar qtr 2009Mar qtr 2009Mar qtr 2009 82 268 4990 188 149 140 $ 175,000 127

Jun qtr 2009Jun qtr 2009Jun qtr 2009Jun qtr 2009 436 96 5377 49 247 156 $ 172,000 120

¹ : includes urban and rural residential ² : includes 250-50000 m2 lots. 3 : includes 250-2500 m2 lots. ^: no of lots with planning permit approval, but not yet produced (survey plan signing)

MackayMackayMackayMackay (RC)(RC)(RC)(RC)