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Q2 2019 Key Market Indicators - ACT_tmb

May 20, 2019, 6:28 a.m.

Q2 2019 Key Market Indicators – Australian Capital Territory

The Australian Capital Territory (ACT) continues to perform in the PRDnationwide Q1 2019 Key Market Indicator Awards; earning 4 gold, 1 silver, and 1 bronze award nationally. The ACT has once again earned the gold award nationally for the highest home loan affordability index reading, at 50.0 index points in the September quarter of 2018. This is a 4.4% increase within a 12-month period, previously at 47.9% in the June quarter of 2018.

Q2 2019 Key Market Indicators - National_tmb

May 20, 2019, 4:43 a.m.

Q2 2019 Key Market Indicators

Australian consumer sentiment read 100.7 index points in April 2019, exactly on the positive line of 100 index points, indicating that in general, Australians have a positive yet cautious outlook on the economy. This is interesting as the current consumer sentiment is on a -1.7% decline compared to 12 months ago (April 2018), which does not come as a surprise given past events such as: the Royal Banking Commission’s enquiry into the banking and financial sector, the handing down of the Federal Budget 2019, and the announcement of the 18 May 2019 Federal elections.

Ready Set Go Regional 2019_tmb

March 24, 2019, 11:29 p.m.

Ready, Set, Go… Regional! – Top 12 Affordable Hotspots 2019

Finding an affordable option in Australian capital cities is not easy, especially when you are a first home buyer. Australia’s home loan affordability index has been at the lower end of the scale since its peak in 1993 and 2002, with December 2018 figures showing a marginal improvement of 1.3% over the past 12 months.

Manufactured Home Estates Report 2019_thmb

March 5, 2019, 1:34 a.m.

Manufactured Home Estates: An Affordable Retirement Option?

The pressure of Australia’s ageing population and growing desire for affordability calls for an investigation into the diversity of housing options. According to the Australian Bureau of Statistics (ABS), during 2016 there were 3.7 million Australians aged over 65 years, representing 15% of the population. This is a significant increase from the 1976 ABS figure of 1.3 million people aged over 65 years, representing only 9% of the population.

Q1 2019 Key Market Indicators - ACT

Feb. 17, 2019, 11:21 p.m.

Q1 2019 Key Market Indicators – Australian Capital Territory

The Australian Capital Territory (ACT) continues to perform in the PRDnationwide Q1 2019 Key Market Indicator Awards; earning 4 gold, 1 silver, and 1 bronze award nationally. The ACT has once again earned the gold award nationally for the highest home loan affordability index reading, at 50.0 index points in the September quarter of 2018. This is a 4.4% increase within a 12-month period, previously at 47.9% in the June quarter of 2018.

Factsheet 2nd Half 2018_thumb.png

Jan. 10, 2019, 2:11 a.m.

Inner North Property Factsheet 2nd Half 2018

The Inner North recorded a median house price of $1,050,000 and $500,000 for units in Q3 2018, which represented an annual (Q3 2017 – Q3 2018) price change of 18.4% and 11.1 % respectively. Compared to the Inner North 1st Half 2018 Research Factsheet, which reported an annual (Q1- 2017- Q1 2018) price change of 10.3 % (house) and 5.2% (units), both houses and units in the Inner North* have strengthened in value.

Q4 2018 Key Market Indicators - ACT

Nov. 22, 2018, 6:01 a.m.

Q4 2018 Key Market Indicators – Australian Capital Territory

The ACT’s small scale in comparison to other states means it can stand tall for offering some of the best economic indicators this quarter. Perhaps most importantly, for homeowners, ACT won the gold award nationally for the highest home loan affordability index reading (as of June quarter 2018) with 47.9 index points. This was coupled with the gold award nationally for highest median weekly family income (as of June quarter 2018) at $2,690, representing a 2.2% growth over the past 12 months to the June quarter of 2018. High incomes and great affordability position the ACT as a leader in the market for those seeking to enter the property market.

Q4 2018 Key Market Indicators - National

Nov. 21, 2018, 4:39 a.m.

Q4 2018 Key Market Indicators

As 2018 closes, it is time to celebrate some wins, the most notable of all being positive consumer sentiment and growth in the number of first home buyer loans. The Australian consumer sentiment index recorded 104.3 points in November 2018, which is above the positive mark of 100 index points, and represents a 4.6% growth over the past 12 months. This suggests increasing confidence in the economy, which after a year of federal budgetary and politics changes, is a positive way to end the year. A more confident society will have a higher tendency to spend, which will have a positive multiplier effect on the economy as a whole, be it in the retail sector, hospitality, property, and others.

Q3 2018 Key Market Indicators - ACT Thumbnail.png

Aug. 27, 2018, 5:34 a.m.

Q3 2018 Key Market Indicators – Australian Capital Territory

Australian Capital Territory (ACT) has come to be one of the most affordable states in Australia, earning a gold award nationally in the highest home loan affordability index reading category (50.8 index points) and a silver award nationally in the most improved home loan affordability index growth category (2.2% growth). This is the second quarter in a row that the ACT has taken the above medals.

AEPR 2018_thumb.png

July 23, 2018, 6:53 a.m.

Australian Economic Property Report 2018

The recent release of PRDnationwide’s ‘2018 Australian Economic and Property Report’ and Capital City ‘Affordable & Liveable Property Guides 1st Half 2018’ signals a significant change in the property market generally and particularly within the housing affordability landscape. The set of reports provides an overview of the key economic drivers and their impact on the property market, assisting home buyers and investors in making fact based property decisions.