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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.
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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.
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As of the December quarter of 2023, housing affordability in New South Wales, Victoria, South Australia, Tasmania, and the Australian Capital Territory have been all at their lowest in 20 years. In the past 12 months (to the December quarter of 2023), the weighted average capital city Australian median house price grew by 5.3% to $$1,005,242, maki…
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In Q4 2023, Tumut recorded a median house price of $425,000, and a median vacant land price of $185,000. This represents annual (Q4 2022 – Q4 2023) growth of 7.1% for houses and a minor softening of -3.6% for vacant land. During this time total sales declined for houses, by -9.6% (to 47 sales), but grew by 36.4% for vacant land (to 15 sales). Ther…
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New South Wales (NSW) has recently become much more welcoming for first home buyers. In the June quarter 2018, the state achieved the gold award nationally for the most improved number of first home …
New South Wales (NSW) continues to achieve the gold award nationally for most improved number of first home buyer loans for the third quarter in a row, increasing by 80.8% over the past 12 months to …
The recent release of PRD’s ‘2018 Australian Economic and Property Report’ and Capital City ‘Affordable & Liveable Property Guides 1st Half 2018’ signals a significant change in the property market g…
The PRD ‘Ready, Set, GO Regional 2018’ report is a timely ‘go to’ guide for home buyers and investors on affordable options in regional areas. The report highlights regional areas in Queensland, Vict…
PRD, through the Australia Research Council Linkage project funded by the Australian Federal Government, is proud to release Your Green Guide - Residential Real Estate 2018 and an accompanying Green …
The results are in: Australia’s home loan affordability has improved by 4.4% over the past 12months, at 32.9 index points in March 2017. The Northern Territory leads the way with 10.2% improved affor…
PRD’s Australian Economic and Property Report 2017 is a comprehensive and important resource for those wanting to keep up to date on evolving key economic and property market trends.
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