March 30, 2020, 6:22 a.m.
A Home… Or Smashed Avocado On Toast?
The perceived trend of millennials prioritising lifestyle experiences (such as buying smashed avocado on toast), over home ownership aspirations prompted a deeper look into this claim.
March 17, 2020, 12:38 a.m.
Australian Bushfires | The Real Estate Perspective
PRD’s latest research report ‘Australia Bushfires | The Real Estate Perspective’ shines a light on the silver lining to the devastating impact many Australian communities have experienced.
Nov. 27, 2019, 5:06 a.m.
Affordable & Liveable Property Guide 2nd Half 2019 - Brisbane
A key finding of this report is that the majority (5 out of 6) of the affordable and liveable suburbs are on the north side of the Brisbane River. These suburbs have the best possible median price growth while also satisfying other criteria such as: low vacancy rates, high yields, large infrastructure spending, low crime and proximity to amenities. In the previous 1st Half 2019¥ report, suburbs were spread throughout Brisbane, which suggests that there are now limited options.
Nov. 18, 2019, 2:28 a.m.
Ipswich Property Market Update 2nd Half 2019
In Q3 2019, Ipswich recorded a median house price of $310,000, and a median unit price of $240,000. This represents annual (Q3 2018 – Q3 2019) median price softening of -3.4% for houses and -7.1% for units. At the same time total sales slowed, down by -45.5% for houses to 96 sales and by -37.5% for units to 20 sales. With higher price affordability and less market competition Ipswich is a prime market for first home buyers and investors.
Nov. 11, 2019, 5:40 a.m.
Q4 2019 Key Market Indicators – Queensland
Queensland’s (QLD) home loan affordability index reading was 35.5 points in the June quarter of 2019, which held relatively steady compared to the June quarter of 2018 (35.6 index points). QLD remains the most affordable state compared with New South Wales (NSW) at 26.9 index points, Victoria (VIC) at 30.7 index points, and the Australian average at 32.2 index points.
Sept. 25, 2019, 12:53 a.m.
South East Queensland Premium Property Report
Buyers are flocking to the South East Queensland (SEQ) premium property market due to affordability, when compared to Sydney and Melbourne median prices. The SEQ premium property market shrunk in 2018 and 2019, partly due to a softening in the Sydney and Melbourne property prices, but also as investor confidence declined. However, SEQ population is projected to increase approximately 49.4% by 2041.
Sept. 3, 2019, 4:56 a.m.
Metro Strata Report 2019
With the state of residential strata development currently a hot topic nationally, it is important to gain an overall understanding of each Capital City Metro market’s development pipeline. The PRDnationwide Strata Development Pipeline Capital City Metro Areas September 2019 aims to provide a high-level view of total, proceeding, and deferred/abandoned strata developments, both in terms of number of projects and number of units/apartments planned for the market, between 2018-2020.
Aug. 28, 2019, 6:18 a.m.
Q3 2019 Key Market Indicators – Queensland
Queensland (QLD) has historically been known as the more affordable state for property prices, when compared with New South Wales (NSW) and Victoria (VIC). This continued to be the case in the March quarter of 2019.
Aug. 22, 2019, 6:50 a.m.
Ipswich Property Factsheet 1st Half 2019
In the 1st half of 2019 Ipswich*, which in this report includes the suburbs of Ipswich, Booval, Brassall, Bundamba, Newtown & Silkstone, recorded a median house price of $320,00 and of $220,000 for units in Q1 2019, which represented annual (Q1 2018 – Q1 2019) price softening of -1.5% and -23.5% respectively. When compared to the Ipswich* 2nd Half 2018 Research Factsheet, which reported an annual (Q3 2017 – Q3 2018) price change of 1.0% (house) and 9.8% (unit), properties have recently become more affordable in Ipswich*.
June 27, 2019, 7:07 a.m.
Brisbane - Affordable & Liveable Property Guide 1st Half 2019
Between 2017 and 2018/191 the number of houses sold in the Brisbane City Local Government Area (LGA) grew by 8.1%. During this time, the median house price remained stable, growing by 0.7% (to $675,000) and showing market resilience. The Brisbane LGA unit market has seen a sustainable level of price growth, with a median price of $450,000 in 2018/191.