The sequel to the film Back to the Future tells the story of Marty McFly and Dr. Emmett “Doc” Brown and their travels from 1985 to 2015 to prevent Marty’s son from sabotaging the McFly family’s future. Their arch-nemesis Biff Tannen steals Doc’s DeLorean time machine to alter history for his benefit – he purchases an almanac, containing the results of major sporting events from 1950 to 2000 – the duo must return to 1955 to restore the timeline.
Okay enough Hollywood preamble envisage you had a south east Queensland residential property almanac covering the ten years between 2010 and 2020. Imagine if you could go back to 2010, where would put your housing dollar?
Two tables this post.
Table 1: Detached houses, south east Qld, 2010 v 2020
| Local authority
area |
2020 median price | Ten year change | |
| $ | % | ||
| Brisbane | $705,000 | $170,000 | 32% |
| Gold Coast | $665,000 | $152,000 | 30% |
| Ipswich | $359,000 | $33,000 | 10% |
| Logan | $435,000 | $55,000 | 14% |
| Moreton Bay | $479,000 | $70,000 | 17% |
| Noosa | $750,000 | $230,000 | 44% |
| Redland | $665,000 | $95,000 | 17% |
| Sunshine Coast | $630,000 | $155,000 | 33% |
| Matusik Ready Reckoner Reports, table 3. | |||
Table 2: Attached dwellings, south east Qld, 2010 v 2020
| Local authority
area |
2020 median price | Ten year change | |
| $ | % | ||
| Brisbane | $450,000 | $40,000 | 10% |
| Gold Coast | $440,000 | $60,000 | 16% |
| Ipswich | $326,000 | $55,000 | 20% |
| Logan | $267,000 | -$13,000 | -5% |
| Moreton Bay | $347,000 | $9,000 | 3% |
| Noosa | $686,000 | $251,000 | 58% |
| Redland | $410,000 | $50,000 | 14% |
| Sunshine Coast | $435,000 | $65,000 | 18% |
| Matusik Ready Reckoner Reports, table 4. | |||
No need to comment, the tables speak for themselves.
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