Australian Economic and Property Report 2023
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 fa…
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Lismore Property Market Update 2nd Half of 2023
The latest research report from PRD
Affordable & Liveable Property Guides 2nd Half 2023
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 a…
Goonellabah Property Market Update 1st Half of 2023
In Q1 2023, Goonellabah* recorded a median house price of $621,250, and a median unit price of $573,000. This represents annual (Q1 2022 Q1 2023) softening of 15.0% for houses and a minor growth of 0…
Casino Property Market Update 2nd Half of 2023
In Q2 2023, Casino recorded a median house price of $417,750. This is an annual (Q2 2022 – Q2 2023) -6.1% median price softening. That said, on a quarterly basis (Q1 2023 – Q2 2023), median house pri…
Kyogle Property Market Update 2nd Half of 2023
In Q2 2023 Kyogle* recorded a median house price of $530,000 , representing a 3.1% annual softening (Q2 2022 Q2 2023). That said, on a quarterly basis (Q1 Q2 2023) median house price grew at a signif…
Affordable & Liveable Rental Guide 2023
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…
Affordable & Liveable Property Guides 1st Half 2023
The PRD Affordable and Liveable Property Guides 1st Half 2023 are available for Brisbane, Sydney, Melbourne, Hobart, Gold Coast, Perth and Adelaide. These guides provide valuable insights on property…
Lismore Property Market Update 1st Half of 2023
In Q1 2023, Lismore recorded a median house price of $600,000, and a median unit price of $485,000. This represents annual (Q1 2022 – Q1 2023) median price softening of -19.8% for houses and a price …
From the Desk of the Chief Economist- Federal Budget 2023 and RBA May Statement of Monetary Policy: What's Next for Australia?
On Friday 5th May the Reserve Bank of Australia handed down its May Statement of Monetary Policy 2023, discussing the state of the economy after 11 cash rate hikes. This is followed by the Federal G…
