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W E L C O M E  T O 

COLLEEN COYNE PROPERTY RESEARCH

FROM CONCEPTION TO MARKETING
Images courtesy of Tom Anthony 
W E L C O M E  T O 

COLLEEN COYNE PROPERTY RESEARCH

FROM CONCEPTION TO MARKETING

WHAT WE OFFER

Services

We are experts in providing the data you need for your development project. Specialising in data analysis, regional studies, demand and supply studies, housing needs analyses, competitor analyses and project-specific reports. Read More

Media

Click here to see our latest media reports on property and development trends. Read More

Clients

Colleen Coyne Property Research has an impressive list of clients and completed assignments. Vist our clients page to see who we have worked with over the years. You can be sure your project is in trusted hands. Read More.

Colleen Coyne Property Research Pty Limited (CCPR) specialises in project-specific research. We go beyond the raw data to analyse and interpret the dynamics driving property markets. We bring over forty years of experience in understanding both residential and commercial markets across Australia to this process. Our reports are tailor-made to assist our clients in their decision-making.


Over recent years, we have worked extensively in South East Queensland, particularly the Gold Coast, Tweed and Scenic Rim and in Sydney’s growth corridors (South West Sydney, the Central Coast, the Lower Hunter and South Coast/Illawarra).  While we operate across all market sectors, we have a strong knowledge base relating to coastal properties and lifestyle properties such as waterfront and golf course estates.

To download a PDF version of our Company Profile, please click the button below.

UDIA (Qld) WID Award

In 2011, I was proud to be awarded the UDIA (Qld)'s Women in Development Excellence Award for Industry Support Services.  I consider this was recognition of my career over decades in property research.  During this time, I have been able to contribute to the industry through my publications, my mentoring of younger researchers and my consulting work for our mainly development company clients.

A Significant Turning Point

Australia's residential property markets are at a significant turning point.  This follows the election of the Australian Labor Party as the Federal Government on 21 May 2022; and the current macro-economic context.  Our current newsletter examines  trends in the residential market, providing some specific property data on the Eastern Seaboard markets, particularly  the Gold Coast.  You can also download a copy.

The macro-economic context includes a tight labour market, with an unemployment rate of 3.9%.  This follows Australia's international borders being closed for the best part of two years.  A high inflation figure of 5.1% saw the Reserve Bank of Australia (RBA) raise the cash rate from 0.10%, by 25 basis points, to 0.35%.  

The RBA forecasts a cash rate of 1.75% in the December Quarter 2022; and 2.5% a year later.  Even with this rising interest rate scenario, the RBA's expectation is that inflation will reach 6% by December 2022 and take until June 2024 to subside to 3%.  The combination of emergency low interest rates, HomeBuilder and related state grants have seen unsustainable real estate price rises.  Activity continues  to be largely driven by owner occupiers, although investors have staged a comeback over the past 15 months.

The four years from 2017 to 2020, when investors were under-represented, contributed to residential vacancy rates nationally falling for some years.  Many Queensland regions now have vacancy rates <1.0%.  This has been driven by a surge in net  interstate migration (around 41,000 migrants in 2021, compared with 23,000 migrants in 2019). The shortage of rental housing could adversely impact on people coming to Queensland to address the significant labour shortages.

Australian property markets are starting to experience a market correction as interest rates increase and spending power is constrained by cost of living pressures.  Some regions may be insulated from price falls, as ongoing demand and supply shortages support prices.  There is already evidence of essential workers being pushed out of some areas, due to high prices to buy and sharply rising rents.

 

We welcome feedback - please email me at colleen@colleencoyne.com.au

The recent sharp increase in Australian inflation (Consumer Price Index) to 5.1%, compares with the growth in the Wage Price Index of 2.4%.  This means that real wages are falling, so it is no surprise people are feeling cost of living pressures.  There are no easy solutions.

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