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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.
Dec. 6, 2019, 4:17 a.m.
Bargara Property Market Update 2nd Half of 2019
In Q3 2019, Bargara and the Coast recorded a median house price of $372,000, and a median unit price of $345,000. This represents annual (Q3 2018 – Q3 2019) median house price growth of 3.8% and a softening for units of -6.6%. Between Q3 2018 – Q3 2019 total house sales slowed by -10.3% (to 70 sales), but total unit sales increased, by 68.2% (to 37 sales). Now is an ideal time to transact in the market, as both buyers and sellers can benefit.
Dec. 6, 2019, 4:12 a.m.
Bundaberg Property Market Update 2nd Half of 2019
In Q3 2019, Bundaberg recorded a median house price of $243,000, and a median unit price of $177,000. This represents annual (Q3 2018 – Q3 2019) median price softening of -3.0% (house) and -14.5% (units). However, between Q3 2018-Q3 2019 total sales have increased, up by 1.0% for houses (to 144 sales) and by 4.5% for units (to 23 sales). The market is heading into a recovery as demand is starting to pick up, which will push up prices in the near future.
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.
Oct. 1, 2019, 1:15 a.m.
Maryborough Research Factsheet 1st Half 2019
Over the past 12 months (Q1 2018 – Q1 2019) the Maryborough property market recorded a median house price of $193,000 in Q1 2019, which represented a capital growth of 1.6%. When compared to the Maryborough 2ndhalf 2018 Research Factsheet, which reported an annual (Q3 2017 – Q3 2018) price change of -2.0%, houses in Maryborough have strengthened in value. This provides comfort to home owners, especially those who are contemplating selling their property.
Sept. 26, 2019, 5:31 a.m.
Bundaberg and Bargara Research Factsheet 1st Half of 2017
Looking for an attractive investment option or your first home? Bundaberg offers median price of $267,250 for houses and $198,125 for units with rental yields of 5.8% and 6.8% respectively. Units in Bargara are also a fairly affordable option ($263,500) for first home buyers and a solid investment option with strong rental return (6.4%).