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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…
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 (…
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…
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…
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 …
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…
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…
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…
The beginning of 2023 has marked an uncertain time for property buyers, with many monitoring cash rate movements and its impact on the housing market. The Reserve Bank of Australia (RBA) increased th…
The reality of owning a house has decreased for many Australian households due to lower affordability and low supply. According to the Australian Bureau of Statistics, dwelling approvals have declin…
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