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PRD Nationwide History
More Videos by PRDnationwide
Dec. 3, 2018, 5:10 a.m.
Brisbane - Affordable & Liveable Property Guide 2nd Half 2018
Between 2017 and 2018, the number of houses sold in the Brisbane City Local Government Area (LGA) grew by 5.0%, yet the median house price softened by -1.0% to $670,000. The Brisbane LGA unit market has also become affordable as prices softened by -1.0% to $439,000 in 2018.
Nov. 21, 2018, 4:53 a.m.
Q4 2018 Key Market Indicators – Queensland
Queensland’s (QLD) top achievement this quarter was winning the silver award nationally for highest median weekly family income growth at 2.5% in the 12 months to June quarter 2018. QLD can boast a superior wage growth this quarter, which many states would be envious of in the current low wage growth environment.
Nov. 21, 2018, 4:39 a.m.
Q4 2018 Key Market Indicators
As 2018 closes, it is time to celebrate some wins, the most notable of all being positive consumer sentiment and growth in the number of first home buyer loans. The Australian consumer sentiment index recorded 104.3 points in November 2018, which is above the positive mark of 100 index points, and represents a 4.6% growth over the past 12 months. This suggests increasing confidence in the economy, which after a year of federal budgetary and politics changes, is a positive way to end the year. A more confident society will have a higher tendency to spend, which will have a positive multiplier effect on the economy as a whole, be it in the retail sector, hospitality, property, and others.
Nov. 16, 2018, 2:31 a.m.
Agnes Water Property Factsheet 2nd Half of 2018
Agnes Water recorded a median house price of $410,000 and $295,000 for units in the 2nd Half 2018. These figures represented an annual (2nd Half 2017- 2nd Half 2018) price softening of -1.0% for house and a strengthening of 3.0% for units. Compared to the Agnes Water 1st half 2018 Research Factsheet, which reported an annual (Q1 2017 – Q1 2018) median price change of -4.3% (house) and -2.1% (units), both median house and unit prices in Agnes Water have strengthened, more so for units.
Aug. 27, 2018, 6:22 a.m.
Q3 2018 Key Market Indicators – Queensland
Queensland (QLD) takes out the silver award nationally for highest nett migration in the PRDnationwide Q3 2018 Key Market Indicator Awards series, recording a movement of 9,174 people as of December 2017. This is great news for the QLD property market, particularly Brisbane, as an increase in population growth equals to an increase in property demand, be it for purchase or rent.
July 23, 2018, 6:53 a.m.
Australian Economic Property Report 2018
The recent release of PRDnationwide’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 generally and particularly within the housing affordability landscape. The set of reports provides an overview of the key economic drivers and their impact on the property market, assisting home buyers and investors in making fact based property decisions.
July 23, 2018, 5:30 a.m.
Brisbane - Affordable & Liveable Property Guide 1st Half 2018
Between 2016 to the 1st quarter of 2018*, the number of houses sold in the Brisbane City Local Government Area (LGA) grew by 17.9%. The median price also grew by 3.1%, indicating real capital growth and healthy demand. Units however, have become increasingly affordable as prices have softened by -3.1%. The majority (61.3%) of suburbs in greater Brisbane experienced single digit price growth, 14.9% experienced double digit growth and 23.8% had negative growth. Property buyers will be ecstatic to learn about these affordable options amid continued price growth across suburbs in the north and south. At the same time, rental prices in the LGA have remained stable for both houses and units.
July 13, 2018, 1:15 a.m.
Agnes Water Property Factsheet 1st Half of 2018
The Agnes Water property market recorded a median house price of $378,000 and $279,000 for unit Q1 2018, which represents an annual softening of -4.3% and -2.1% respectively over the past 12 months to Q1 2018. The wider Gladstone Region Local Government Area (LGA) has reported a similar declining trend in price growth, with houses softening by -6.9% to $295,000 and unit prices softening by -11.5% to $230,000. Comparatively Agnes Water is a more premium market than its LGA and is also more resilient to market softening. First home buyers and investors need to act fast to capitalise on current affordable options in Agnes Water and the wider area.
May 28, 2018, 3:25 a.m.
Q2 2018 Key Market Indicators – Queensland
Queensland achieved 5 bronze awards nationally in the Q2 2018 PRDnationwide Key Market Data Indicator Awards. QLD has traditionally been known as the more affordable Australian state in terms of property prices, however over the past 3 quarters there has been a definite shift in affordability. QLD recorded a home loan affordability index reading of 36.3 points in the December quarter of 2017, which although is still higher than the Australian average of 31.6 index points, puts QLD in the top 3 unaffordable states. This places it right behind VIC (29.9 index points) and NSW (26.5 index points).
May 14, 2018, 12:23 a.m.
Ready, Set, Go Regional 2018
The PRDnationwide ‘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, Victoria, New South Wales and Tasmania that not only highlight house price affordability, but also show promising growth indicators for local jobs and a sustainable economic future.