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More Videos by PRDnationwide
Sept. 3, 2018, 6:42 a.m.
Norwest Property Factsheet 2nd Half of 2018
Over 2018, Norwest has continued to experience cooling, where median prices have become more affordable – particularly for houses. This is reflective of Sydney's cooling in property prices, presenting greater opportunities for affordability in this premium market. Buyers are urged to act now and take advantage of this window of affordability.
Aug. 27, 2018, 5:49 a.m.
Q3 2018 Key Market Indicators – New South Wales
New South Wales (NSW) continues to achieve the gold award nationally for most improved number of first home buyer loans for the third quarter in a row, increasing by 80.8% over the past 12 months to March quarter 2018. This is the highest increase to date, with NSW reporting a 70.9% increase in first home buyer loans in Q1 2018 Key Market Indicators and 74.9% in Q2 2018 Key Market Indicators.
July 23, 2018, 6:53 a.m.
Australian Economic Property Report 2018
The recent release of PRDnationwide’s ‘2018 Australian Economic and Property Report’ and Capital City ‘Affordable & Liveable Property Guides 1st Half 2018’ signals a significant change in the property market generally and particularly within the housing affordability landscape. The set of reports provides an overview of the key economic drivers and their impact on the property market, assisting home buyers and investors in making fact based property decisions.
July 23, 2018, 6:07 a.m.
Sydney - Affordable & Liveable Property Guide 1st Half 2018
Between 2016 to 2017/18, Sydney Metro median house prices experienced a gentle growth of 0.8%, whilst units softened by -2.4%. This is reflective of a pivot in the metro unit market and a response to the increased unit supply, confirming a return towards a more sustainable market. Now is the time for buyers to enter the market and capitalise on opportunities of affordability. Prospective houses buyers looking for affordable options should look toward Sydney’s south-western suburbs. A particularly attractive market for investors can be found in Parramatta, which experienced a 20.8% in annual growth and is expecting a further $297.2M of investment in the 1st half of 2018.
July 2, 2018, 1:34 a.m.
Norwest Property Factsheet 1st Half 2018
The Norwest property market recorded a median house price of $1,280,250 in Q4 2017, signaling a partial softening of -1.5%. Meanwhile, Norwest’s unit market recorded a median price of $850,000, representing a strong growth of 6.4%. The Hills Shire LGA house price grew by 8.8% to $1,320,000 and unit prices grew by 11.3% to $835,000. A slightly more affordable option is presented by the Norwest market, whilst still benefiting from opportunities for capital growth. The partial softening in Norwest’s house property market is on par with Sydney's cooling in property prices.
July 2, 2018, 1:29 a.m.
Norwest Property Factsheet 2nd Half of 2017
Norwest is a business park located approximately 28km from the Sydney CBD, a vibrant and growing employment node. Norwest and its surrounding suburbs presents a sough after premium market compared to the wider Hills Shire LGA region, with excellent capital growth. House median price is currently sitting at $1,390, 000 with an annual price change of 14.9% in Q2 2017, whilst unit median price is $870,000 with 11.5% annual growth.
May 28, 2018, 4:35 a.m.
Q2 2018 Key Market Indicators – New South Wales
New South Wales has again earned the gold award nationally for most improved number of first home buyer loans in the PRDnationwide Q2 2018 Key Market Indicator Awards. For 2 consecutive quarters NSW has achieved the gold award nationally for most improved number of first home buyer loans, with a 74.9% increase over the past 12 months to the December quarter of 2017. Surprisingly, this result surpasses NSW’ previous achievement in quarter 2 (70.9% increase over 12 months to the September quarter of 2017).
May 14, 2018, 12:23 a.m.
Ready, Set, Go Regional 2018
The PRDnationwide ‘Ready, Set, GO Regional 2018’ report is a timely ‘go to’ guide for home buyers and investors on affordable options in regional areas. The report highlights regional areas in Queensland, Victoria, New South Wales and Tasmania that not only highlight house price affordability, but also show promising growth indicators for local jobs and a sustainable economic future.
March 18, 2018, 11:23 p.m.
Your Green Guide – Residential Real Estate 2018
PRDnationwide, through the Australia Research Council Linkage project funded by the Australian Federal Government, is proud to release Your Green Guide - Residential Real Estate 2018 and an accompanying Green House Scorecard. This work is a culmination of 3 years of research, in collaboration with Queensland University of Technology (QUT), Karlsruhe Institute of Technology Germany, and other key industry partners.
March 6, 2018, 7:15 a.m.
Q1 2018 Key Market Indicators – New South Wales
New South Wales wins the gold award for most improved number of first home buyer loans for the period of September quarter 2016 - September quarter 2017, reporting an extraordinary growth of 70.9%. This is an unexpected result considering the comparative prices between Sydney and other capital cities, however it is an encouraging sign for the state as it shows that current land release and first home buyer policies are working. Furthermore, New South Wales takes out the silver award for the highest number of first home buyer loans for the September quarter 2017, registering 6,775 first home buyer loans.