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…
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Affordable & Liveable Property Guides 2nd Half 2023
The PRD Affordable and Liveable Property Guides 2nd half 2023 are available for Brisbane, Sydney, Melbourne, Hobart, Gold Coast, and Perth. These guides provide valuable insights on property trends a…
Coolangatta Property Market Update 2nd Half of 2023
In Q2 2023, Coolangatta recorded a median house price of $1,000,000, and a median unit price of $690,000. This represents annual (Q2 2022 – Q2 2023) growth of 1.5% (house) and 7.1% (unit). That said …
Tweed Heads Property Market Update 2nd Half of 2023
In Q2 2023, Tweed Heads recorded a median house price of $957,150, and a median unit price of $688,500. This is an annual (Q2 2022 – Q2 2023) -14.3% softening for houses and growth of 0.5% for units.…
Tweed Coast Property Market Update 2nd Half of 2023
In Q2 2023, Tweed Coast recorded a median house price of $1,587,500, and a median unit price of $821,000. This represents annual (Q2 2022 – Q2 2023) softening of -9.3% for houses and -8.8% for units.…
Affordable & Liveable Rental Guide 2023
The Australian rental market has reached a point of severe stress, with many referring to current conditions as the "rental crisis". This report identifies key suburbs/areas in each capital city that…
Affordable & Liveable Property Guides 1st Half 2023
The PRD Affordable and Liveable Property Guides 1st Half 2023 are available for Brisbane, Sydney, Melbourne, Hobart, Gold Coast, Perth and Adelaide. These guides provide valuable insights on property…
From the Desk of the Chief Economist- Federal Budget 2023 and RBA May Statement of Monetary Policy: What's Next for Australia?
On Friday 5th May the Reserve Bank of Australia handed down its May Statement of Monetary Policy 2023, discussing the state of the economy after 11 cash rate hikes. This is followed by the Federal G…
Roaring Regions - Top 10 Affordable Regional Areas 2023
The beginning of 2023 has marked an uncertain time for property buyers, with many monitoring cash rate movements and its impact on the housing market. The Reserve Bank of Australia (RBA) increased th…
Coolangatta Property Market Update 1st Half of 2023
In Q4 2022, Coolangatta* recorded a median house price of $960,000, and a median unit price of $630,000. This represents annual (Q4 2021 – Q4 2022) price growth of 1.1% for houses and 6.8% for units.…
