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More Videos by PRDnationwide
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.
June 27, 2019, 7:07 a.m.
Brisbane - Affordable & Liveable Property Guide 1st Half 2019
Between 2017 and 2018/191 the number of houses sold in the Brisbane City Local Government Area (LGA) grew by 8.1%. During this time, the median house price remained stable, growing by 0.7% (to $675,000) and showing market resilience. The Brisbane LGA unit market has seen a sustainable level of price growth, with a median price of $450,000 in 2018/191.
May 20, 2019, 6:45 a.m.
Q2 2019 Key Market Indicators – Queensland
Queensland (QLD) proves itself to have strong and steady property growth indicators and economic fundamentals, which allows for key property purchasing decisions to be made with confidence in the state. This is particularly crucial in this economic and political climate, where there are many uncertainties within society due to many factors, such as: Federal and State Elections, the potential implementation of the Royal Banking Commission recommendations, and the fluctuating Australian Dollar.
May 20, 2019, 4:43 a.m.
Q2 2019 Key Market Indicators
Australian consumer sentiment read 100.7 index points in April 2019, exactly on the positive line of 100 index points, indicating that in general, Australians have a positive yet cautious outlook on the economy. This is interesting as the current consumer sentiment is on a -1.7% decline compared to 12 months ago (April 2018), which does not come as a surprise given past events such as: the Royal Banking Commission’s enquiry into the banking and financial sector, the handing down of the Federal Budget 2019, and the announcement of the 18 May 2019 Federal elections.
March 24, 2019, 11:29 p.m.
Ready, Set, Go… Regional! – Top 12 Affordable Hotspots 2019
Finding an affordable option in Australian capital cities is not easy, especially when you are a first home buyer. Australia’s home loan affordability index has been at the lower end of the scale since its peak in 1993 and 2002, with December 2018 figures showing a marginal improvement of 1.3% over the past 12 months.
March 5, 2019, 1:34 a.m.
Manufactured Home Estates: An Affordable Retirement Option?
The pressure of Australia’s ageing population and growing desire for affordability calls for an investigation into the diversity of housing options. According to the Australian Bureau of Statistics (ABS), during 2016 there were 3.7 million Australians aged over 65 years, representing 15% of the population. This is a significant increase from the 1976 ABS figure of 1.3 million people aged over 65 years, representing only 9% of the population.