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 Nationwide History
More Videos by PRDnationwide
July 4, 2019, 6:46 a.m.
Northern Rivers Property Factsheet 1st Half of 2019
The Northern Rivers* area recorded a median house price of $410,000 in Q1 2019, and a median unit price of $330,000. This represents annual (Q1 2018 – Q1 2019) price shifts of -6.3% (house) and 5.8% (unit). These figures indicate units have shown superior short-term capital growth retention capacity, whilst houses have become more affordable for first time home buyers.
June 27, 2019, 6:34 a.m.
Sydney - Affordable & Liveable Property Guide 1st Half 2019
Between 2017 and 2018, Sydney Metro median house prices have softened by -5.6%, whilst units have softened by -2.5%. Affordable options can be found in Sydney’s South Western suburbs.
June 3, 2019, 3:37 a.m.
Kyogle Property Factsheet 2nd Half 2018
Compared to the wider Kyogle Local Government Area (LGA), houses are secured at a premium price in the Kyogle property market, and with stronger annual growth. This is good news for owner-occupiers and investors who are seeking a property market with reliable growth.
June 3, 2019, 3:37 a.m.
Kyogle Property Factsheet 1st Half of 2019
Q4 2018 saw Kyogle record a median house price of $270,000. This represents an annual (Q4 2017 – Q4 2018) price softening of -2.7%. The 2nd Half 2018 Kyogle Property Factsheet reported an annual (Q2 2017 – Q2 2018) media price growth of 5.2% for houses. Thus, the last 6 months has resulted in improved affordability within the area. In the 12 months to Q4 2018, the number of house sales recorded in Kyogle softened by 54.7% to sit at 10 sales for the quarter. This suggests there is limited supply in Kyogle, meaning buyers should act quickly to secure property.
June 3, 2019, 3:37 a.m.
Kyogle Property Factsheet 1st Half 2017
Kyogle offers buyers a more affordable entry price compared to nearby towns, without compromising on positive annual growth. Demand is increasing, resulting in properties selling faster and often at full asking price. Low vacancy rates of 0.8% suggests investors can be confident of future returns.
June 3, 2019, 3:37 a.m.
Kyogle Property Factsheet 2nd Half 2017
The Kyogle property market demonstrates strong results for everyone. Kyogle has experienced solid rural sales and land values are on the rise since 2015, peaking at a rare $725,000 sale in 2017. Increased profitability in the Kyogle farm and rural market is trending towards a sustainable level of growth. With commodity prices increasing, improved seasonal conditions, and low interest rates, there is an expectation for increased economic activity to drive demand in the near future.
June 3, 2019, 3:37 a.m.
Kyogle Research Factsheet 1st Half 2018
The Kyogle property market experienced exponential growth over the past 12 months to Q4 2017, recording a median house price of $277,250 – which represents an annual price change of 15.5%. Over the same period of time house prices in postcode 2474 grew by 10.6% to $293,000. With house prices below those postcode 2474, Kyogle is beckoning buyers and investors with great entry price points whilst also offering higher positive capital growth.
March 24, 2019, 11:29 p.m.
Ready, Set, Go… Regional! – Top 12 Affordable Hotspots 2019
Finding an affordable option in Australian capital cities is not easy, especially when you are a first home buyer. Australia’s home loan affordability index has been at the lower end of the scale since its peak in 1993 and 2002, with December 2018 figures showing a marginal improvement of 1.3% over the past 12 months.
March 5, 2019, 1:34 a.m.
Manufactured Home Estates: An Affordable Retirement Option?
The pressure of Australia’s ageing population and growing desire for affordability calls for an investigation into the diversity of housing options. According to the Australian Bureau of Statistics (ABS), during 2016 there were 3.7 million Australians aged over 65 years, representing 15% of the population. This is a significant increase from the 1976 ABS figure of 1.3 million people aged over 65 years, representing only 9% of the population.