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More Videos by PRDnationwide
July 13, 2018, 12:31 a.m.
Inner North Property Factsheet 1st Half 2018
The Inner North property market has strengthened over the past 12 months and is in gear for further growth in 2018. The median house price in Q1 2018 was recorded at $940,000 and median unit price was recorded at $468,000, which represents an annual price change of 10.3% and 5.2% respectively. Over this same period (Q1 2017-Q1 2018), house prices in the wider Australian Capital Territory grew by 4.6% to $680,000 and unit prices grew by 1.7% to $437,000.
May 28, 2018, 4:42 a.m.
Q2 2018 Key Market Indicators – Australian Capital Territory
The ACT has advanced to become one of the most affordable states in Australia, earning the gold award nationally for highest home loan affordability index and the silver award for most improved home affordability loan index growth. In the December quarter of 2017 the ACT’s home loan affordability index reading was 51.0, which is significantly higher than the national Australian average of 31.0 index points and represents a 4.5% increase over the past 12 months.
May 14, 2018, 12:23 a.m.
Ready, Set, Go Regional 2018
The PRDnationwide ‘Ready, Set, GO Regional 2018’ report is a timely ‘go to’ guide for home buyers and investors on affordable options in regional areas. The report highlights regional areas in Queensland, Victoria, New South Wales and Tasmania that not only highlight house price affordability, but also show promising growth indicators for local jobs and a sustainable economic future.
March 18, 2018, 11:23 p.m.
Your Green Guide – Residential Real Estate 2018
PRDnationwide, through the Australia Research Council Linkage project funded by the Australian Federal Government, is proud to release Your Green Guide - Residential Real Estate 2018 and an accompanying Green House Scorecard. This work is a culmination of 3 years of research, in collaboration with Queensland University of Technology (QUT), Karlsruhe Institute of Technology Germany, and other key industry partners.
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.