Your home for the latest property insights.
In Q1 2024 Hervey Bay recorded a median house price of $650,000 and a median unit price of $435,000. This represents annual (Q1 2023 – Q1 2024) price growth of 7.4% for houses and 3.6% for units. During this time total sales decreased by -28.9% for houses and by -42.9% for units. There is an undersupply for stock, creating a buffer against higher …
Continue reading >
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…
Continue reading >
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 facets of life. How does this impact the property market for the rest of 2023 and early 2024? And is the cash rate the only issue?
Continue reading >
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 and how current economic conditions (including cash rate hikes) have impacted the market, as well as future developments for the next 6 months. For tho…
Continue reading >Create an account with PRD and access our full research archive and receive the latest reports directly to your email
The PRD Major City Market Update 1st Half 2022 reports are available for Brisbane, Sydney, Melbourne and Hobart. The reports divide each capital city into inner, middle and outer rings. They provide…
Median property prices in Brisbane Metro increased by 22.3% for houses to $825,000 from Q3 2020 to Q3 2021*, and by 3.6% for units at $465,000. Between Q3 2020 – Q3 2021 total house sales declined by…
In Q3 2021, Hervey Bay recorded a median house price of $475,000, and a median unit price of $295,000. This represents annual (Q3 2020 – Q3 2021) median price growth of 24.0% for houses and 8.9% for …
The PRD First Home Buyers’ Guide 2nd Half 2021 is designed to help you quickly understand what is on offer to first home buyers. With so many programs and grants available at the various State and …
Australia’s property market exceeded all expectations in 2020 and in the first half of 2021. The ‘doom and gloom’ and ‘market crash’ predictions did not eventuate, in fact, the opposite occurred…
In Q1 2021, Hervey Bay* recorded a median house price of $420,000, and a median unit price of $317,000. This represents annual (Q1 2020 – Q1 2021) median price growth of 18.3% for houses and 17.4% fo…
The PRD Affordable and Liveable Property Guides 1st Half 2021 are available for Brisbane, Sydney, Melbourne, and Hobart. These guides provide valuable insights and highlights of the market and report…
There has been a high influx of first home buyers that have entered the property market in 2020, resulting in a growth of 50.4% between the December quarters of 2019 and 2020. This further boosted an…
The ‘PRD First Home Buyers’ Guide 2021’ is designed to help you quickly understand what is on offer to first home buyers around Australia. With so many programs and grants available at the various S…
In Q3 2020, Hervey Bay recorded a median house price of $380,000 and a median unit price of $277,000. This represents annual (Q3 2019 – Q3 2020) median price growth of 4.3% for houses and 11.7% for u…
Connect with us
