Affordable & Liveable Rental Guide 2023
Aug. 4, 2023, 3:06 p.m.
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 hold a potential for renters. We have attempted to identify suburbs with a lower median rental price compared to the relevant capital city, as well a…
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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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Maroubra Property Market Update 2nd Half of 2023
Dec. 13, 2023, 1:54 p.m.
In Q3 2023, Maroubra recorded a median house price of $2,623,000, and a median unit price of $890,000. This represents annual (Q3 2022 – Q3 2023) growth of 8.2% for houses and stability for units. Total sales between Q3 2022 – Q3 2023 increased, by 17.5% (to 114 sales) for houses and by 45.5% for units (to 211 sales). Confidence has returned to Ma…
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