Affordable & Liveable Property Guides 2nd Half 2023
Nov. 24, 2023, 12:05 a.m.
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…
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Australian Economic and Property Report 2023
Dec. 6, 2023, 4:10 p.m.
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?
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Hunter Valley Property Market Update 2nd Half 2023
Aug. 29, 2023, 8:58 a.m.
In Q2 2023, Hunter Valley* recorded a median house price of $703,000, and a median unit price of $525,000. This represents annual (Q2 2022 – Q1 2023) median price growth of 1.2% for houses and 15.0% for units. Hunter Valley* saw continuous price growth in the past two quarters (Q1 and Q2 2023) after seeing a slight dip in Q4 2022; suggesting a mar…
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Hunter Valley Property Market Update 1st Half of 2024
Feb. 5, 2024, 9:41 a.m.
In Q4 2023, Hunter Valley recorded a median house price of $700,000 and a median unit price of $561,000. This represents annual (Q4 2022 – Q4 2023) growth of 2.4% for houses and 13.3% for units. During this time Total sales declined, by -1.8% (to 224 sales) for houses and by -2.9% (to 33 sales) for units. There is a market undersupply in Hunter Va…
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