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March 24, 2021, 5:27 a.m.

PRD Stand Out Regions | Top 10 Affordable Regional Areas 2021

There has been a high influx of first home buyers that have entered the property market in 2020, resulting in a growth of 50.4% between the December quarters of 2019 and 2020. This further boosted an already strong market with record low interest rates and increasingly lenient bank lending policies.

March 9, 2021, 1:39 a.m.

First Home Buyers’ Guide 2021

The ‘PRD First Home Buyers’ Guide 2021’ is designed to help you quickly understand what is on offer to first home buyers around Australia. With so many programs and grants available at the various State and Federal Government levels, and its various updates at any given time, it can be difficult to determine what is relevant to your personal situation. This guide helps you do just that.

Dec. 10, 2020, 6:20 a.m.

Maryborough Property Update 2nd Half of 2020

In Q3 2020, Maryborough recorded a median house price of $230,000, which represents a median price growth of 3.4% over the past 12 months (Q3 2019 – Q3 2020). During the same period, total sales slightly softened by -1.7%, recording 118 sales. This could be due to a combination of low stock and/or COVID-19 restrictions. That said median price growth amidst COVID-19 shows the resilience within regional markets, as well as potentially with an undersupply in the near future. Now is an ideal time to sell in Maryborough, particularly as there is a shortage in near future residential developments.

Nov. 25, 2020, 6:49 a.m.

Affordable & Liveable Property Guide 2nd Half 2020 - Brisbane

Median property prices in Brisbane Metro increased by 4.3% for houses to $678,000 from 2019 to 20201 and softened by -1.1% to $435,000 for units during the same period. Limited stock and high demand have supported median price growth for houses, showing resilience throughout COVID-19. A softer median unit price is expected, particularly due to the leftover oversupply from late 2016 to 2017.

Oct. 21, 2020, 4:26 a.m.

Shared Living Preferences Of Older Australians

Living alone is a significant contributor to general loneliness, particularly in the older community as it becomes more difficult to maintain a social circle. It is recognised that one in four Australians are lonely; especially widowed, divorced, or single individuals (APS, 2018).

Sept. 9, 2020, 12:15 a.m.

First Home Buyers' Guide 2020

The PRD First Home Buyers’ Guide is designed to help you quickly understand what is on offer to first home buyers around Australia. With so many programs and grants available at the various State and Federal Government levels, it can be difficult to know where to turn to learn what is relevant to your personal situation. This guide helps you do just that.

Sept. 3, 2020, 3:58 a.m.

Maryborough Property Update 1st Half of 2020

In Q1 2020, Maryborough recorded a median house price of $230,000. This represents annual (Q1 2019 – Q1 2020) median house price growth of 1.0%. Further, between Q1 2019 – Q1 2020 total house sales increased by 19.4% (to 129 sales). The Maryborough property market continue to show resilience and real capital growth, as an increase in price was not due to an undersupply in housing stock. Maryborough is an ideal market for both first home buyers and investors, as it provides both affordability and capital growth.

July 29, 2020, 4:03 a.m.

Australia Economic and Property Report 2020

Australia’s property market has managed to hold its value despite the doom and gloom predictions of what the COVID-19 shutdown would do to property prices. The latest PRD research report, ‘PRD Australian Economic and Property Report 2020’, reveals that on average, median house prices grew in capital city, metropolitan and regional markets in the 12 months to the first half of 2020.

June 24, 2020, 4:13 a.m.

Affordable & Liveable Property Guide 1st Half 2020 - Brisbane

The Brisbane Metro property market has shown resilience throughout these unprecedented times of COVID-19. From 2018 to 2019/20(1) the number of houses sold in Brisbane Metro increased by 20.9%, and median house prices grew by 1.5%, to $690,000. The number of units sold increased by 13.9%, however the median unit price softened by -1.5% to $450,000. These patterns are similar to Sydney and Melbourne, which also recorded a decline in median unit prices.

May 13, 2020, 1:45 a.m.

Top 12 Resilient Regional Areas

The Australian property market is made up of many ‘micro markets’, each performing at its own individual pace dependent upon demographics, population growth, economic structure and fundamentals, and Local/State Government policies. Regional property markets tend to be more resilient compared to their capital city counterparts due to being slightly more insulated from economic shocks, and many Local/State Governments prioritising regional areas growth over the past five years.