Roaring Regions - Top 10 Affordable Regional Areas 2024
March 28, 2024, 5:17 p.m.
As of the December quarter of 2023, housing affordability in New South Wales, Victoria, South Australia, Tasmania, and the Australian Capital Territory have been all at their lowest in 20 years. In the past 12 months (to the December quarter of 2023), the weighted average capital city Australian median house price grew by 5.3% to $$1,005,242, maki…
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Australian Economic and Property Report 2023
Dec. 6, 2023, 4:10 p.m.
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 facets of life. How does this impact the property market for the rest of 2023 and early 2024? And is the cash rate the only issue?
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Nundah Property Market Update 2nd Half of 2023
Dec. 4, 2023, 11:24 a.m.
In Q3 2023, Nundah recorded a median house price of $1,068,500, and a median unit price of $525,500. This represents annual (Q3 2022 – Q3 2023) growth of 17.4% for houses and 12.4% for units. Sales decreased between Q3 2022 – Q3 2023, by -35.5% (to 20 sales) for houses and remained stable at 105 sales for units. On a quarterly basis (Q2 2023 – Q3 …
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Affordable & Liveable Property Guides 2nd Half 2023
Nov. 24, 2023, 12:05 a.m.
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 and how current economic conditions (including cash rate hikes) have impacted the market, as well as future developments for the next 6 months. For tho…
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