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PRD Nationwide History
More Videos by PRDnationwide
May 28, 2018, 4:45 a.m.
Q2 2018 Key Market Indicators – Victoria
It was a clean sweep for Victoria, taking out 4 gold awards nationally, 2 silver and 1 bronze in the PRDnationwide Q2 2018 Key Market Indicator Awards. Property prices in Melbourne have increased exponentially over the past 12 months, as investment interests shifted from Sydney’s unaffordable landscape. It is no surprise that VIC’s home loan affordability index has decreased by -0.7% over the past 12 months to the December quarter of 2017, which is in contrast to Australia’s positive growth of 0.3%. VIC’s home loan affordability was 29.9 index points in the December quarter of 2017, which is still slightly higher than NSW’s 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.
March 19, 2018, 6:52 a.m.
Bendigo Property Research Factsheet 1st Half 2018
The Bendigo property market recorded a median house price of $400,000 and $284,000 for units in Q4 2017, representing an annual price change of 5.3% and 18.3% respectively. Investing in Bendigo’s property market offers a unique equilibrium where buyers are benefitting from an increase in affordability yet sellers are still enjoying positive capital growth – particularly so within the unit market.
March 18, 2018, 11:23 p.m.
Your Green Guide – Residential Real Estate 2018
PRDnationwide, through the Australia Research Council Linkage project funded by the Australian Federal Government, is proud to release Your Green Guide - Residential Real Estate 2018 and an accompanying Green House Scorecard. This work is a culmination of 3 years of research, in collaboration with Queensland University of Technology (QUT), Karlsruhe Institute of Technology Germany, and other key industry partners.
March 6, 2018, 12:21 p.m.
Q1 2018 Key Market Indicators – Victoria
Victoria has emerged as the state with the highest number of first home buyer loans for September quarter 2017, at 8,786 loans. This is higher than New South Wales (6,775 loans) and Queensland (6,271 loans), which suggests effective first home buyer related policies are in place. Although not the most improved, Victoria has reported a 33.0% improvement over the past 12 months. This is encouraging for first home buyers as there has been concerns of increasing unaffordability, especially in Melbourne.
Dec. 5, 2017, 2:39 a.m.
Q4 2017 PRD Key Market Indicators - Victoria
Believe it or not…Victoria (VIC) is not the state with the highest decline in the number of first home buyer loans growth. That said, the number of first home buyer loans have decreased by 10.1% over the past 12 months (to June 2017), which interestingly is higher than New South Wales’ (NSW) decrease of 3.4%. The PRDnationwide Q4 2017 Key Economic Indicators provide consumers with a quick snapshot of the current state of affairs from an economic and property perspective. The PRDnationwide Key Economic Indicators cover both national and state level data.
Nov. 22, 2017, 12:31 a.m.
Melbourne Hotspots - 2nd Half 2017
The PRDnationwide Melbourne hotspots report analyses all suburbs within the Greater Melbourne region, providing valuable insights and highlights of the property market for the rest of 2017 and into 2018.
Sept. 19, 2017, 2:12 a.m.
Q3 2017 Key Market Indicators – Victoria
The results are in: Victoria records the 2nd highest in home affordability growth, at 6.6% over the past 12 months to March 2017; and the 2nd highest growth in nett migration – by 25.9% over the past 12 months to December 2016. The PRDnationwide Q3 2017 Key Economic Indicators provide consumers with a quick snapshot of the current state of affairs from an economic and property perspective. The PRDnationwide Key Economic Indicators cover both national and state level data.
Sept. 19, 2017, 12:27 a.m.
Q3 2017 Key Market Indicators
The results are in: Australia’s home loan affordability has improved by 4.4% over the past 12months, at 32.9 index points in March 2017. The Northern Territory leads the way with 10.2% improved affordability (47.4 index points), followed by Victoria at 6.6% (30.8 index points). The PRDnationwide Q3 2017 Key Economic Indicators provide consumers with a quick snapshot of the current state of affairs from an economic and property perspective. The PRDnationwide Key Economic Indicators cover both national and state level data.
Aug. 11, 2017, 3:04 a.m.
Bendigo Research Factsheet 2nd Half 2017
The Bendigo property market recorded median price of $385,000 for houses and $272,500 for units in Q2 2017; this represents an annual price change of -4.9% and +6.8% respectively. This suggests increased affordability for those wanting to buy a house and a strong level of demand for units.