First Home Buyers Guide 2022
June 29, 2022, 1:02 p.m.The PRD First Home Buyers’ Guide 2022 is designed to help you quickly understand what is on offer to first home buyers in Australia.
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The PRD First Home Buyers’ Guide 2022 is designed to help you quickly understand what is on offer to first home buyers in Australia.
Continue reading >Australia’s property market has proven to be quite unpredictable in the past 24 months. ‘Doom and gloom’ were predicted throughout COVID-19, yet the market flourished. Now, 2022 sees markets within markets, moving in different directions and speeds.
Continue reading >Australia’s economy is entering a new phase following 12 consecutive cash rate hikes since May 2022. With the cash rate currently in a ‘hold’ pattern (at 4.1%), there is a multiplier effect on all facets of life. How does this impact the property market for the rest of 2023 and early 2024? And is the cash rate the only issue?
Continue reading >In Q4 2023, Toowoomba recorded a median house price of $605,000, and a median unit price of $405,000. This represents annual (Q4 2022 – Q4 2023) growth of 12.0% for houses and 4.5% for units. On a quarterly basis, median prices remained stable for houses and grew by 2.5% for units. During this time sales decreased for houses, by -2.5% (to 700 sale…
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In Q4 2023, Toowoomba recorded a median house price of $605,000, and a median unit price of $405,000. This represents annual (Q4 2022 – Q4 2023) growth of 12.0% for houses and 4.5% for units. On a qu…
Australia’s economy is entering a new phase following 12 consecutive cash rate hikes since May 2022. With the cash rate currently in a ‘hold’ pattern (at 4.1%), there is a multiplier effect on all fa…
The PRD Affordable and Liveable Property Guides 2nd half 2023 are available for Brisbane, Sydney, Melbourne, Hobart, Gold Coast, and Perth. These guides provide valuable insights on property trends a…
In Q2 2023, Toowoomba* recorded a median house price of $556,250, and a median unit price of $372,500. This represents annual (Q2 2022 – Q2 2023) growth of 5.0% for houses and 3.5% for units. Interes…
The Australian rental market has reached a point of severe stress, with many referring to current conditions as the "rental crisis". This report identifies key suburbs/areas in each capital city that…
The PRD Affordable and Liveable Property Guides 1st Half 2023 are available for Brisbane, Sydney, Melbourne, Hobart, Gold Coast, Perth and Adelaide. These guides provide valuable insights on property…
On Friday 5th May the Reserve Bank of Australia handed down its May Statement of Monetary Policy 2023, discussing the state of the economy after 11 cash rate hikes. This is followed by the Federal G…
The beginning of 2023 has marked an uncertain time for property buyers, with many monitoring cash rate movements and its impact on the housing market. The Reserve Bank of Australia (RBA) increased th…
In Q4 2022, Toowoomba recorded a median house price of $538,500, and a median unit price of $390,000. This represents annual (Q4 2021 – Q4 2022) median price growth of 10.5% for houses and a growth o…
The reality of owning a house has decreased for many Australian households due to lower affordability and low supply. According to the Australian Bureau of Statistics, dwelling approvals have declin…