Bungendore Property Market Update 1st Half 2025
Bungendore is a charming town located in southwest New South Wales, about 30 kilometres east of Canberra. It is known for picturesque streets lined with historic homes and offers a blend of country c…
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Staying the Course: A Slow but Steady Market Shift
PRD's Australian Economic and Property Update for the 1st half of 2025. 2025 is shaping up to be an exciting year in residential real estate, with our first rate cut in February 2025 (and possibly mo…
Affordable and Liveable Property Guides 2nd Half 2024
The PRD Affordable and Liveable Property Guides 2nd half 2024 are available for Brisbane, Sydney, Melbourne, and Hobart. These guides provide valuable insights on property trends and how current econ…
Bungendore Property Market Update 2nd Half 2024
Bungendore offers a charming rural lifestyle with easy access to Canberra, providing a perfect balance between peaceful country living and city convenience. The community is vibrant and welcoming, wi…
Different Markets. Different Gears: Australian Economic and Property Report 2024
PRD’s latest findings reveal every real estate market around Australia is in its own gear speed. Many markets saw a price recovery due to a stable cash rate since November 2023. However, economic con…
Stage 3 Tax Cuts: Will It Allow Greater Access to the Property Market?
From the Desk of the Chief Economist
Affordable and Liveable Property Guides 1st Half 2024
The PRD Affordable and Liveable Property Guides 1st Half 2024 are available for Brisbane, Sydney, Melbourne, and Hobart. These guides provide valuable insights into property trends and how current ec…
Bungendore Property Market Update 1st Half 2024
In Q4 2023, Bungendore recorded a median house price of $1,025,000, and a median vacant land price of $564,900. This represents annual (Q4 2022 – Q4 2023) price softening of -6.8% for houses and a mi…
Roaring Regions - Top 10 Affordable Regional Areas 2024
As of the December quarter of 2023, housing affordability in New South Wales, Victoria, South Australia, Tasmania, and the Australian Capital Territory have been all at their lowest in 20 years. In t…
Australian Economic and Property Report 2023
Australia’s economy is entering a new phase following 12 consecutive cash rate hikes since May 2022. With the cash rate currently in a ‘hold’ pattern (at 4.1%), there is a multiplier effect on all fa…
