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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.
Sept. 3, 2020, 4:57 a.m.
Beverly Hills Property Update 2nd Half of 2020
In Q2 2020, Beverly Hills recorded a median house price of $1,217,500, and a median unit price of $756,500. This represents strong annual (Q2 2019 – Q2 2020) median price growth of 25.2% for houses and of 41.4% for units. Between Q2 2019 – Q2 2020 total sales slowed, by -28.3% for houses (to 33 sales) and by -53.8% for units (to 12 sales). Beverly Hills property market price growth has proven to be extremely resilient during COVID-19, and with few competing properties now is the time to transact in the market.
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.
July 7, 2020, 3:18 a.m.
Beverly Hills Property Update 1st Half of 2020
Strong capital growth and an increase in market activity suggests now is the time to buy and sell in Beverly Hills.
July 7, 2020, 2:58 a.m.
Ramsgate Beach Property Update 1st Half of 2020
A rapid increase in median house price growth paired with limited sales suggest a potential undersupply, thus now is an ideal time to sell in Ramsgate Beach.
July 7, 2020, 2:45 a.m.
Bexley North Property Update 1st Half of 2020
Confidence has returned to Bexley North, with properties in high demand. Houses suggest real returns on investment, making now a good time to enter the market.
July 7, 2020, 2:23 a.m.
Kingsgrove Property Update 1st Half of 2020
Despite lower volumes, house capital growth has gone from strength to strength; and there is real capital growth in the unit market. Now is a good time to own property in Kingsgrove.
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.
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.