Affordable and Liveable Property Guides 1st Half 2024
June 5, 2024, 5:23 p.m.
The PRD Affordable and Liveable Property Guides 1st Half 2024 are available for Brisbane, Sydney, Melbourne, and Hobart. These guides provide valuable insights into property trends and how current economic conditions (including higher interest rates) have impacted the market, as well as future developments for 2024. For those looking for more affo…
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Roaring Regions - Top 10 Affordable Regional Areas 2024
March 28, 2024, 5:17 p.m.
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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Wodonga Property Market Update 1st Half of 2024
Feb. 22, 2024, 11:06 a.m.
In Q4 2023, Wodonga recorded a median house price of $560,000, and a median land price of $225,000. This represents annual (Q4 2022 – Q4 2023) price growth of 8.0% for houses but a softening of -9.4% for land. Annually and quarterly total house sales have increased, to a record high of 95 sales in Q4 2023. This suggests a high demand for houses, c…
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Albury Property Market Update 1st Half of 2024
Jan. 23, 2024, 3:53 p.m.
In Q4 2023, Albury recorded a median house price of $590,000, and a median land price of $260,000. This represents annual (Q4 2022 – Q4 2023) growth of 2.6% for houses and 18.2% for land. On a quarterly basis (Q3 2023 – Q4 2023), median price grew by 4.4% (houses) and 2.0% (vacant land). House sales increased by 7.2% in the past 12 months, but vac…
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