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PRD Nationwide History
More Videos by PRDnationwide
May 13, 2020, 1:45 a.m.
Top 12 Resilient Regional Areas
The Australian property market is made up of many ‘micro markets’, each performing at its own individual pace dependent upon demographics, population growth, economic structure and fundamentals, and Local/State Government policies. Regional property markets tend to be more resilient compared to their capital city counterparts due to being slightly more insulated from economic shocks, and many Local/State Governments prioritising regional areas growth over the past five years.
April 6, 2020, 1:46 a.m.
Strong Fiscal Policy in Place for Australia to Ride Out COVID-19
COVID-19 is, without a doubt, a disruption and game-changer at the same time. There are many uncertainties at present, and quite a few “doom and gloom” stories on a collapsing economy and being on the brink of a recession. There is no denying that many Australian small businesses and individuals are experiencing the brunt of it, from loss of income to having to close their businesses.
March 30, 2020, 6:22 a.m.
A Home… Or Smashed Avocado On Toast?
The perceived trend of millennials prioritising lifestyle experiences (such as buying smashed avocado on toast), over home ownership aspirations prompted a deeper look into this claim.
March 17, 2020, 12:38 a.m.
Australian Bushfires | The Real Estate Perspective
PRD’s latest research report ‘Australia Bushfires | The Real Estate Perspective’ shines a light on the silver lining to the devastating impact many Australian communities have experienced.
Nov. 27, 2019, 5:06 a.m.
Affordable & Liveable Property Guide 2nd Half 2019 - Brisbane
A key finding of this report is that the majority (5 out of 6) of the affordable and liveable suburbs are on the north side of the Brisbane River. These suburbs have the best possible median price growth while also satisfying other criteria such as: low vacancy rates, high yields, large infrastructure spending, low crime and proximity to amenities. In the previous 1st Half 2019¥ report, suburbs were spread throughout Brisbane, which suggests that there are now limited options.
Nov. 11, 2019, 5:40 a.m.
Q4 2019 Key Market Indicators – Queensland
Queensland’s (QLD) home loan affordability index reading was 35.5 points in the June quarter of 2019, which held relatively steady compared to the June quarter of 2018 (35.6 index points). QLD remains the most affordable state compared with New South Wales (NSW) at 26.9 index points, Victoria (VIC) at 30.7 index points, and the Australian average at 32.2 index points.
Sept. 25, 2019, 12:53 a.m.
South East Queensland Premium Property Report
Buyers are flocking to the South East Queensland (SEQ) premium property market due to affordability, when compared to Sydney and Melbourne median prices. The SEQ premium property market shrunk in 2018 and 2019, partly due to a softening in the Sydney and Melbourne property prices, but also as investor confidence declined. However, SEQ population is projected to increase approximately 49.4% by 2041.
Sept. 3, 2019, 4:56 a.m.
Metro Strata Report 2019
With the state of residential strata development currently a hot topic nationally, it is important to gain an overall understanding of each Capital City Metro market’s development pipeline. The PRDnationwide Strata Development Pipeline Capital City Metro Areas September 2019 aims to provide a high-level view of total, proceeding, and deferred/abandoned strata developments, both in terms of number of projects and number of units/apartments planned for the market, between 2018-2020.
Aug. 28, 2019, 6:18 a.m.
Q3 2019 Key Market Indicators – Queensland
Queensland (QLD) has historically been known as the more affordable state for property prices, when compared with New South Wales (NSW) and Victoria (VIC). This continued to be the case in the March quarter of 2019.
Aug. 19, 2019, 6:06 a.m.
Ashmore Property Market Update - 2nd Half of 2019
In Q2 2019, Ashmore recorded a median house price of $578,000 (42 sales), and a median unit price of $330,000 (28 sales). This represents annual (Q2 2018 – Q2 2019) median price softening of -4.5% for houses and -3.8% for units. During this time house sales slowed by -22.2%, however unit sales strengthened by 12.0%. The Ashmore property market has become more affordable, and now is an ideal time for first home buyers to enter the market.