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March 24, 2021, 5:27 a.m.
PRD Stand Out Regions | Top 10 Affordable Regional Areas 2021
There has been a high influx of first home buyers that have entered the property market in 2020, resulting in a growth of 50.4% between the December quarters of 2019 and 2020. This further boosted an already strong market with record low interest rates and increasingly lenient bank lending policies.
March 9, 2021, 1:39 a.m.
First Home Buyers’ Guide 2021
The ‘PRD First Home Buyers’ Guide 2021’ is designed to help you quickly understand what is on offer to first home buyers around Australia. With so many programs and grants available at the various State and Federal Government levels, and its various updates at any given time, it can be difficult to determine what is relevant to your personal situation. This guide helps you do just that.
Feb. 9, 2021, 4:17 a.m.
Albury Property Market Update 1st Half of 2021
In Q4 2020, Albury recorded a median house price of $415,000, and a median vacant land price of $150,000. This represents annual (Q4 2019 – Q4 2020) median price growth of 7.8% for houses and a price softening of -4.0% for land. Between Q4 2019 – Q4 2020 total sales in both markets increased sharply, up by 28.2% for houses (to 336 sales) and by 36.0% for land (to 102 sales).
Nov. 25, 2020, 6:19 a.m.
Affordable & Liveable Property Guide 2nd Half 2020 - Sydney
Median property prices in Sydney Metro increased by 7.2% for houses to $1,630,000 from 2019 to 20201 and increased by 3.2% to $795,000 for units during the same period. By comparison, from 2018 to 2019 the median house price in Sydney Metro softened by -4.2%, and the median unit price softened by -3.5%. Sydney Metro’s median price growth is in contrast with COVID-19 predictions, which solidifies its market strength.
Nov. 25, 2020, 5:13 a.m.
Affordable & Liveable Property Guide 2nd Half 2020 - Melbourne
Median property prices in Melbourne Metro increased by 1.5% for houses to $990,000 from 2019 to 20201 and increased by 2.2% to $610,000 for units during the same period. Although this level of growth may be deemed subdued compared with normal circumstances, it represents a resilient market throughout COVID-19 lockdowns. Furthermore, price growth may come as a surprise to many, considering the severe restrictions in Melbourne and Victoria (VIC) of late, and in contrast to general predictions.
Oct. 21, 2020, 4:26 a.m.
Shared Living Preferences Of Older Australians
Living alone is a significant contributor to general loneliness, particularly in the older community as it becomes more difficult to maintain a social circle. It is recognised that one in four Australians are lonely; especially widowed, divorced, or single individuals (APS, 2018).
Sept. 9, 2020, 12:15 a.m.
First Home Buyers' Guide 2020
The PRD First Home Buyers’ Guide is designed to help you quickly understand what is on offer to first home buyers around Australia. With so many programs and grants available at the various State and Federal Government levels, it can be difficult to know where to turn to learn what is relevant to your personal situation. This guide helps you do just that.
Aug. 31, 2020, 5:51 a.m.
Albury Property Update 2nd Half of 2020
In Q2 2020, Albury recorded a median house price of $325,000, and a median land price of $160,000. This represents annual (Q2 2019 – Q2 2020) median price softening of -1.5% for houses and growth of 8.5% for land. Between Q2 2019 – Q2 2020 total sales slowed, by -28.3% for houses (to 142 sales) and by -49.3% for vacant land (to 34 sales), reflecting COVID-19 conditions. With vacant land showing healthy price growth and Government incentives on offer, now is a good time to enter the property market in Albury.
July 29, 2020, 4:03 a.m.
Australia Economic and Property Report 2020
Australia’s property market has managed to hold its value despite the doom and gloom predictions of what the COVID-19 shutdown would do to property prices. The latest PRD research report, ‘PRD Australian Economic and Property Report 2020’, reveals that on average, median house prices grew in capital city, metropolitan and regional markets in the 12 months to the first half of 2020.
June 24, 2020, 5:25 a.m.
Affordable & Liveable Property Guide 1st Half 2020 - Sydney
Median property prices in Sydney Metro increased by 1.3% for houses to $1,355,000 from 2018 to 2019/20(1) and remained steady for units at $796,500. By comparison, from 2017 to 2018 the median house price in Sydney Metro softened by -4.5%, and the median unit price softened by -2.6%. Thus, the market has recovered from the significant price drop seen in mid-2019.