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As of the December quarter of 2023, housing affordability in New South Wales, Victoria, South Australia, Tasmania, and the Australian Capital Territory have been all at their lowest in 20 years. In the past 12 months (to the December quarter of 2023), the weighted average capital city Australian median house price grew by 5.3% to $$1,005,242, maki…
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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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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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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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According to the latest data released by the Rental Tenancies Authority, the most popular rental variation was the two bedroom unit which has secured 5,078 new bonds during the March 2011 quarter. Th…
Area Characteristics Located on Keppel Bay, the Greater Yeppoon Area is a coastal region based around the suburb of Yeppoon. This region is situated in Central Queensland around 700 kilometres north …
Area Characteristics The Palm Beach Area is located approximately 20 minutes south of Surfers Paradise and 10 minutes north of the Gold Coast Airport. There are a number of significant natural landma…
For the purposes of this report, Toowoomba is defined as the area that falls within the same boundary as the old Toowoomba Local Government Area. This report will outline the major trends that have i…
Overview The Ipswich City Local Government Area (LGA) is located approximately 30 kilometres west from the Brisbane CBD and borders the Brisbane LGA to the northwest and Logan LGA to the southeast. A…
The Brisbane residential real estate market has experienced a volatile 2010, responding to increasing interest rates, the rising cost of living and general uncertainty within real estate. As a result…
The following Property Watch is the result of an investigation into the house, unit and vacant land markets within the Australian Capital Territory with specific focus on the City of Canberra.
The following Property Watch investigates the house and unit markets comprising the Perth Statistical Division (SD). This report highlights trends influencing these property markets and the factors c…
The report analyses The Hills and Parramatta Local Government Areas (LGAs). It highlights the regions characteristics and demographics, as well as the performance of the house, unit and vacant land m…
Area Characteristics The Sutherland LGA is located approximately 25 kilometres south of Sydneys CBD and is bordered by the Pacific Ocean to the east, Botany Bay and the Georges River to the north and…
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