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Stage 3 Tax Cuts: Will It Allow Greater Access to the Property Market?

From the Desk of the Chief Economist

Affordable and Liveable Property Guides 1st Half 2024

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…

Roaring Regions - Top 10 Affordable Regional Areas 2024

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…

Hobart Property Market Update 1st Half 2024

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 …

Glenorchy Property Market Update 1st Half 2024

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…

Derwent Valley Property Market Update 1st Half 2024

In Q4 2023, Derwent Valley recorded a median house price of $461,000, and a median vacant land price of $195,000. This represents annual (Q4 2022 – Q4 2023) median price growth of 7.2% for houses and…

Clarence Property Market Update 1st Half 2024

In Q4 2023, Clarence recorded a median house price of $720,000, and a median unit price of $570,000. This represents annual (Q4 2022 – Q4 2023) median price softening of -5.9% for houses and -8.1% fo…

Brighton Property Market Update 1st Half 2024

In Q4 2023, Brighton recorded a median house price of $625,000, and a median unit price of $440,000. This represents annual (Q4 2022 – Q4 2023) median price growth of 15.2% for houses and a softening…

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…

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…