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March 6, 2018, 11:31 a.m.
Q1 2018 Key Market Indicators – Australian Capital Territory
The Australian Capital Territory (ACT) wins the gold award for most improved home affordability loan index growth in September quarter 2017, increasing by 8.6% over the past 12 months. ACT also wins the gold award for the highest home loan affordability index reading, with a reading of 54.2 index points in September quarter 2017. This is well above the Australia average (33 index points) and states such as New South Wales (27.7 points), Victoria (31.1 points), and Queensland (37.3 points). Winning these Q1 2018 Key Market Indicator awards suggests that now is the time for first time home buyers and investors to look into the ACT for their next purchase.
Dec. 14, 2017, 1:47 a.m.
Inner North Research Factsheet 2nd Half 2017
The Inner North property market recorded a median house price of $868,850 and $470,000 for units in Q3 2017, representing an annual price change of 9.8% and 13.3% respectively. Over the same period of time (Q3 2016-Q3 2017) Australian Capital Territory (ACT) median house price grew by 6.6% to $650,000 and median unit price grew by 4.8% to $440,000. This suggests that the Inner North property market is a premium one, whereby buyers are paying more to secure their properties. That said both investors and owner-occupiers are also rewarded with higher capital growth gains.
Dec. 5, 2017, 2:09 a.m.
Q4 2017 PRD Key Market Indicators - Australian Capital Territory
Believe it or not… the Australian Capital Territory (ACT) has recorded the highest home loan affordability index reading, at 50.6 points. This exponentially surpasses the Australian average of 31.8 index points. ACT also recorded the highest growth in the number of first home buyer approved loans, at 21.8% over the past 12 months (to June 2017). 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. 9, 2017, 3:52 a.m.
2017 Q3 Key Market Indicators - ACT
The results are in: the Australian Capital Territory (ACT) records the highest home loan affordability index reading, at 49.7 points. This exponentially surpasses the Australian average of 32.9 index points. They also record the highest weekly family income at $2619, suggesting ACT residents are benefitting from a balanced equilibrium of property prices and wage growth.
Nov. 9, 2017, 3:46 a.m.
Inner North Research Factsheet 1st Half 2017
The Inner North Australian Capital Territory property market has witnessed solid performance over the past 12 months to Q1 2017 with the demand for housing spurring exceptional annual price growth.
July 19, 2017, 11:42 p.m.
Australian Economic and Property Report 2017
PRDnationwide’s Australian Economic and Property Report 2017 is a comprehensive and important resource for those wanting to keep up to date on evolving key economic and property market trends.
March 16, 2017, 12:48 a.m.
Australian Capital Territory Economic Core Graphs Q1 2017
PRDnationwide’s Economic Core Graphs provide economic insights and highlight property industry trends.
Oct. 22, 2015, 1 p.m.
Australian Economic and Property Report 2nd Half 2015
2015 proves to be the year of many firsts in Australias economic and property market, resulting in a residential rollercoaster that highlights our up and down journey. Find out what each twist and turn can mean for you.
Dec. 3, 2014, 1 p.m.
Australia Economic and Property Report Second Half 2014
How has the property market reacted post-Federal Budget 2014 introduction? Includes a property clock for each capital city, metropolitan, and regional are in each state.
Oct. 14, 2013, 1 p.m.
Quarterly Economic and Property Report Edition 4 2013
Australia appears to be facing headwinds, with various sectors of the economy benefiting from the low currency rate and cheaper money market, while other sectors continue to struggle. In terms of the local economy, the recent pick up in exports of iron ore and coking coal is good news, suggesting that Australias rising volume of supply is being absorbed by offshore buyers. The rise in consumer imports also implies expected rising consumption. However, neither of these developments will create substantial jobs in Australia. In fact, the recent depreciation of the dollar has not been all good news for Australian business. ...