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Australia’s property market has proven to be quite unpredictable in the past 24 months. ‘Doom and gloom’ were predicted throughout COVID-19, yet the market flourished. Now, 2022 sees markets within markets, moving in different directions and speeds.
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The PRD First Home Buyers’ Guide 2022 is designed to help you quickly understand what is on offer to first home buyers in Australia.
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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 the past 12 months (to the December quarter of 2023), the weighted average capital city Australian median house price grew by 5.3% to $$1,005,242, maki…
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In Q4 2023, Tweed Coast recorded a median house price of $1,430,000, and a median unit price of $900,000. This represents annual (Q4 2022 – Q4 2023) softening of –4.7% for houses and 3.6% price growth for units. On a quarterly basis (Q3 –Q4 2023), median house price declined by -13.3% but median unit price grew by 5.1%. Total sales surged by 20.0%…
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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 (…
Queensland (QLD) continues to attract new residents into the sunshine state, with 14,358 people choosing to call it home in the June quarter of 2018. This is a 7.5% increase over the past 12 months, …
Queensland’s (QLD) top achievement this quarter was winning the silver award nationally for highest median weekly family income growth at 2.5% in the 12 months to June quarter 2018. QLD can boast a s…
Queensland (QLD) takes out the silver award nationally for highest nett migration in the PRD Q3 2018 Key Market Indicator Awards series, recording a movement of 9,174 people as of December 2017. This…
The recent release of PRD’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 g…
Between 2016 to the 1st quarter of 2018*, the number of houses sold in the Brisbane City Local Government Area (LGA) grew by 17.9%. The median price also grew by 3.1%, indicating real capital growth …
Queensland achieved 5 bronze awards nationally in the Q2 2018 PRD Key Market Data Indicator Awards. QLD has traditionally been known as the more affordable Australian state in terms of property price…
The PRD ‘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, Vict…
PRD, 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 …
The results are in: Australia’s home loan affordability has improved by 4.4% over the past 12months, at 32.9 index points in March 2017. The Northern Territory leads the way with 10.2% improved affor…
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