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…
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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…
Derwent Valley Property Market Update 2nd Half 2023
In Q2 2023, Derwent Valley recorded a median house price of $468,750 and a median unit price of $336,500. This is an annual (Q2 2022 – Q2 2023) price softening of -11.4% for houses, while vacant land…
Clarence Property Market Update 2nd Half 2023
In Q2 2023, Clarence recorded a median house price of $707,500 and a median unit price of $568,000. This is an annual (Q2 2022 – Q2 2023) -12.3% softening for houses and -13.9% for units. Quarterly (…
Brighton Property Market Update 2nd Half 2023
In Q2 2023, Brighton (which in this report encapsulate Brighton Local Council) recorded a median house price of $541,250 and a median unit price of $580,000. This is an annual (Q2 2022 – Q2 2023) gro…
Hobart Property Market Update 2nd Half 2023
In Q2 2023, Hobart (which in this report encapsulates Hobart Local Council) recorded a median house price of $949,000 and a median unit price of $633,850. This represents annual (Q2 2022 – Q2 2023) s…
Glenorchy Property Market Update 2nd Half 2023
In Q2 2023, Glenorchy (which in this report encapsulates Glenorchy Local Council), recorded a median house price of $600,000 and a median unit price of $462,500. This represents annual (Q2 2022 – Q2 …
Affordable & Liveable Rental Guide 2023
The Australian rental market has reached a point of severe stress, with many referring to current conditions as the "rental crisis". This report identifies key suburbs/areas in each capital city that…
Affordable & Liveable Property Guides 1st Half 2023
The PRD Affordable and Liveable Property Guides 1st Half 2023 are available for Brisbane, Sydney, Melbourne, Hobart, Gold Coast, Perth and Adelaide. These guides provide valuable insights on property…
From the Desk of the Chief Economist- Federal Budget 2023 and RBA May Statement of Monetary Policy: What's Next for Australia?
On Friday 5th May the Reserve Bank of Australia handed down its May Statement of Monetary Policy 2023, discussing the state of the economy after 11 cash rate hikes. This is followed by the Federal G…
