Aug. 27, 2018, 6:22 a.m.
Q3 2018 Key Market Indicators – Queensland
Queensland (QLD) takes out the silver award nationally for highest nett migration in the PRDnationwide Q3 2018 Key Market Indicator Awards series, recording a movement of 9,174 people as of December 2017. This is great news for the QLD property market, particularly Brisbane, as an increase in population growth equals to an increase in property demand, be it for purchase or rent.
July 23, 2018, 6:53 a.m.
Australian Economic Property Report 2018
The recent release of PRDnationwide’s ‘2018 Australian Economic and Property Report’ and Capital City ‘Affordable & Liveable Property Guides 1st Half 2018’ signals a significant change in the property market generally and particularly within the housing affordability landscape. The set of reports provides an overview of the key economic drivers and their impact on the property market, assisting home buyers and investors in making fact based property decisions.
July 23, 2018, 5:30 a.m.
Brisbane - Affordable & Liveable Property Guide 1st Half 2018
Between 2016 to the 1st quarter of 2018*, the number of houses sold in the Brisbane City Local Government Area (LGA) grew by 17.9%. The median price also grew by 3.1%, indicating real capital growth and healthy demand. Units however, have become increasingly affordable as prices have softened by -3.1%. The majority (61.3%) of suburbs in greater Brisbane experienced single digit price growth, 14.9% experienced double digit growth and 23.8% had negative growth. Property buyers will be ecstatic to learn about these affordable options amid continued price growth across suburbs in the north and south. At the same time, rental prices in the LGA have remained stable for both houses and units.
May 28, 2018, 3:25 a.m.
Q2 2018 Key Market Indicators – Queensland
Queensland achieved 5 bronze awards nationally in the Q2 2018 PRDnationwide Key Market Data Indicator Awards. QLD has traditionally been known as the more affordable Australian state in terms of property prices, however over the past 3 quarters there has been a definite shift in affordability. QLD recorded a home loan affordability index reading of 36.3 points in the December quarter of 2017, which although is still higher than the Australian average of 31.6 index points, puts QLD in the top 3 unaffordable states. This places it right behind VIC (29.9 index points) and NSW (26.5 index points).
May 14, 2018, 12:23 a.m.
Ready, Set, Go Regional 2018
The PRDnationwide ‘Ready, Set, GO Regional 2018’ report is a timely ‘go to’ guide for home buyers and investors on affordable options in regional areas. The report highlights regional areas in Queensland, Victoria, New South Wales and Tasmania that not only highlight house price affordability, but also show promising growth indicators for local jobs and a sustainable economic future.
April 12, 2018, 6:41 a.m.
Kenmore Property Factsheet 1st Half of 2018
Over the past three years (2015 - 2017), Fig Tree Pocket and Pullenvale have the highest growth at 21.5% and 20.0% respectively. This indicates these two areas as premium and highly sought-after markets. The suburb of Kenmore and Chapel Hill are two of the most affordable suburbs in postcode 4069, without sacrificing capital growth (6.4% between 2015 and 2017). This is great news for home buyers and investors looking to enter the market.
March 18, 2018, 11:23 p.m.
Your Green Guide – Residential Real Estate 2018
PRDnationwide, through the Australia Research Council Linkage project funded by the Australian Federal Government, is proud to release Your Green Guide - Residential Real Estate 2018 and an accompanying Green House Scorecard. This work is a culmination of 3 years of research, in collaboration with Queensland University of Technology (QUT), Karlsruhe Institute of Technology Germany, and other key industry partners.
March 6, 2018, 6:52 a.m.
Q1 2018 Key Market Indicators – Queensland
The number of first home buyer loans in Queensland as of September quarter 2017 is 6,271 loans, making it the 3rd highest number of first home buyer loans across the country, after Victoria (8,786 loans) and New South Wales (6,775 loans). This is an interesting and unexpected result for QLD, considering that the state has been known for more affordable property prices in comparison to Victoria and New South Wales – suggesting that improvements related to first home buyers policies are needed.
Dec. 19, 2017, 3:41 a.m.
Kenmore Research Factsheet 2nd Half 2017
The Kenmore area house market has seen a median price growth of 0.8% over the past 12 months, currently at $670,000 in Q2 2017; which is higher than the Brisbane City LGA’s median house price of $662, 000. Average vendor discount has tightened slightly from -1.8% to -3.3% over the past 12 months, which indicates competition within the market, with sellers achieving sales closer to their first asking price.
Dec. 4, 2017, 7:21 a.m.
Q4 2017 PRD Key Market Indicators - Queensland
The PRDnationwide Q4 2017 Key Economic Indicators provide consumers with a quick snapshot of the current state of affairs from an economic and property perspective. The PRDnationwide Key Economic Indicators cover both national and state level data.