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Derwent Valley is a picturesque region in southern Tasmania. It is known for is natural beauty and diverse ecosystems. Derwent Valley is centred around the Derwent River and is home to the town of Ne…
Glenorchy is a vibrant suburb located northwest of Hobart. It is nestled between the Derwent River to the east and Mount Wellington to the west. Glenorchy is a bustling residential and commercial hub…
Hobart offers a stunning natural environment with easy access to both beaches and mountains, making it perfect for outdoor enthusiasts. Additionally, the city boasts a vibrant arts and culture scene,…
Brighton is a suburb located about 27 km north of Hobart, Tasmania. It is known for its rich history and its rural heritage. Brighton contains many modern amenities whilst still retaining it old worl…
PRD’s latest findings reveal every real estate market around Australia is in its own gear speed. Many markets saw a price recovery due to a stable cash rate since November 2023. However, economic con…
From the Desk of the Chief Economist
The PRD Affordable and Liveable Property Guides 1st Half 2024 are available for Brisbane, Sydney, Melbourne, and Hobart. These guides provide valuable insights into property trends and how current ec…
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 t…
In Q4 2023, Hobart recorded a median house price of $930,000, and a median unit price of $645,000. This represents annual (Q4 2022 – Q4 2023) slight price softening of -4.9% for houses and -1.1% for …
In Q4 2023, Glenorchy recorded a median house price of $582,000, and a median unit price of $445,000. This represents annual (Q4 2022 – Q4 2023) median price softening of -2.2% for houses and -5.3% f…
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