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Q4 2017 Key Market Indicators - VIC

Dec. 5, 2017, 2:39 a.m.

Q4 2017 PRD Key Market Indicators - Victoria

Believe it or not…Victoria (VIC) is not the state with the highest decline in the number of first home buyer loans growth. That said, the number of first home buyer loans have decreased by 10.1% over the past 12 months (to June 2017), which interestingly is higher than New South Wales’ (NSW) decrease of 3.4%. 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.

PRD-Melbourne-Hotspots-2H-2017.jpg

Nov. 22, 2017, 12:31 a.m.

Melbourne Hotspots - 2nd Half 2017

The PRDnationwide Melbourne hotspots report analyses all suburbs within the Greater Melbourne region, providing valuable insights and highlights of the property market for the rest of 2017 and into 2018.

2nd Half 2017 Research Factsheet

Oct. 15, 2017, 11:21 p.m.

Geelong Research Factsheet 2nd Half 2017

Market competition in Geelong is heating up, with median price hitting records of $710,000 for houses over the past 10 years. At the same time median price for units sit at $450,000 in Q3 2017. This represents an annual price change of 9.2% and 5.9% respectively. Over the same period of time, house prices in the City of Greater Geelong LGA grew by 11.6% to $472,250 and unit prices grew by 9.5% to $342,000. Geelong property prices are well above the Greater Geelong LGA, with positive capital growth. This suggests real value gain, which is attractive for both home buyers and investors.

Key Economic Indicators PRDnationwide Property Reports

Sept. 19, 2017, 2:12 a.m.

Q3 2017 Key Market Indicators – Victoria

The results are in: Victoria records the 2nd highest in home affordability growth, at 6.6% over the past 12 months to March 2017; and the 2nd highest growth in nett migration – by 25.9% over the past 12 months to December 2016. The PRDnationwide Q3 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.

Key Economic Indicators PRDnationwide Property Reports

Sept. 19, 2017, 12:27 a.m.

Q3 2017 Key Market Indicators

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 affordability (47.4 index points), followed by Victoria at 6.6% (30.8 index points). The PRDnationwide Q3 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.

AEPR 2017 - Research Hub

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.

Melbourne HotSpots 1H 2017

June 9, 2017, 12:35 a.m.

Melbourne Hotspots 1st Half 2017

The PRDnationwide Melbourne hotspots report analyses all suburbs within the Greater Melbourne region. It provides valuable insight and highlights for the market, reporting on a number of key indicators to create a holistic picture of the property conditions in 2017. This report focuses on suburbs within a 20km radius of the CBD.

Key Economic Indicators PRDnationwide Property Reports

May 26, 2017, 5:57 a.m.

Q2 2017 Key Market Indicators – Victoria

The PRDnationwide Q2 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.

Factsheet_1st_Half_2017

May 16, 2017, 1:44 a.m.

Geelong Research Factsheet 1st Half of 2017

Market competition in Geelong is heating up, with sellers achieving closer to their first asking price and leaving little room (-1.7% for house and -1.6% for units) for price negotiation. A four year low vacancy rate of 2.5% demonstrates increasing rental demand, conducive for investment.

Sept. 26, 2016, 2 p.m.

Australian Core Graphs Q3 2016

Lowest ever interest rates (1.5% cash rate), positive consumer sentiment, improving home loan affordability, and lowest unemployment rate since October 2013 provide a stable basis for the current national economy.