Research Hub
Search Articles
Featured Research
Create an account with PRD and access our full research archive and receive reports to your email
Sign in • Join upPRD Real Estate
May 4, 2021, 4:42 a.m.
Lismore Property Market Update 1st Half of 2021
In Q1 2021, Lismore recorded a median house price of $515,000, and a median unit price of $360,000. This represents annual (Q1 2020 – Q1 2021) significant median price growth of 20.8% for houses and 12.5% growth for units. Between Q1 2020 – Q1 2021 total sales increased, by 8.9% for houses (to 221 sales) and by 9.4% for units (to 35 sales). Median price growth alongside increased sales suggests real returns on capital investment in Lismore. Now is the time to transact, particularly for owner-occupiers looking to benefit from a highly demanded market.
April 6, 2021, 1:17 a.m.
Kyogle Property Market Update 1st Half of 2021
In Q4 2020, Kyogle recorded a median house price of $342,500, and a median vacant land price of $170,000. This represents annual (Q4 2019 – Q4 2020) median price growth of 12.5% for houses, however a slight softening of -1.2% for vacant land. Between Q4 2019 – Q4 2020 total sales increased, by 84.4% for house (to 59 sales) and by 220.0% for vacant land (to 16 sales). The Kyogle house market is in a growth phase, with positive price growth and increased sales, indicating compounding returns on capital investment. Now is an ideal time to transact, with opportunities for both sellers and buyers.
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.
Nov. 25, 2020, 6:19 a.m.
Affordable & Liveable Property Guide 2nd Half 2020 - Sydney
Median property prices in Sydney Metro increased by 7.2% for houses to $1,630,000 from 2019 to 20201 and increased by 3.2% to $795,000 for units during the same period. By comparison, from 2018 to 2019 the median house price in Sydney Metro softened by -4.2%, and the median unit price softened by -3.5%. Sydney Metro’s median price growth is in contrast with COVID-19 predictions, which solidifies its market strength.
Nov. 9, 2020, 6:06 a.m.
Lismore Property Update 2nd Half of 2020
In Q3 2020, Lismore recorded a median house price of $445,000, and a median unit price of $330,000. This represents annual (Q3 2019 – Q3 2020) median price growth of 6.0% (house) and 9.1% (units). Between Q3 2019 – Q3 2020 annual sales for houses increased by 10.2% (to 183 sales), however units declined by -25.0% (to 21 sales) due to low stock on the market. Median price growth indicate the Lismore property market is resilient amidst COVID-19, with buyers being confident in taking the opportunity to enter the market.
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. 6, 2020, 11:01 p.m.
Kyogle Property Update 2nd Half of 2020
Kyogle recorded a median house price of $335,000 and a median land price of $142,000 in Q2 2020. This represents annual (Q2 2019 – Q2 2020) stable growth for houses, however land softened by -33.6%. Between Q2 2019 - Q2 2020 demand increased significantly, by 84.2% for houses (to 35 sales), and by 140.0% for land (to 12 sales). Stable house prices and an increase in demand for both property types amidst COVID-19 conditions indicate a resilient market. This instils confidence for current property owners and those looking to purchase in Kyogle. Now is the time to transact.
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.