PRD Palm Beach

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May 25, 2021, 1:09 p.m.

National Affordable & Liveable Property Guide 1st Half 2021

The PRD Affordable and Liveable Property Guides 1st Half 2021 are available for Brisbane, Sydney, Melbourne, and Hobart. These guides provide valuable insights and highlights of the market and report on many key indicators to create a holistic picture of property conditions in each capital city.

April 6, 2021, 2 a.m.

Palm Beach Property Market Update 1st Half of 2021

In Q4 2020, Palm Beach recorded a median house price of $1,127,000, and a median unit price of Queensland Key Market Indicators$739,000. This represents annual (Q4 2019 – Q4 2020) median price growth of 21.9% for houses and 23.2% for units. Between Q4 2019 – Q4 2020 house sales declined, by -8.9% (to 51 sales), but increased for units, by 18.5% (to 154 sales). Price growth and lower stock suggest an undersupplied house market.

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.

Dec. 2, 2020, 4:29 a.m.

Affordable & Liveable Property Guide 2nd Half 2020 - Gold Coast

Median property prices in Gold Coast Metro increased by 1.5% for houses to $670,000 from 2019 to 20201 and increased by 3.4% for units to $450,000. Limited stock and high demand have been the major drivers in median price growth for houses, proving resilient throughout COVID-19. The Gold Coast Metro property market has continued to show steady price growth over the past five years, creating confidence. Resilience in median unit price growth indicates excess stock continues to be absorbed, with supply partly halted due to COVID-19.

Nov. 25, 2020, 6:49 a.m.

Affordable & Liveable Property Guide 2nd Half 2020 - Brisbane

Median property prices in Brisbane Metro increased by 4.3% for houses to $678,000 from 2019 to 20201 and softened by -1.1% to $435,000 for units during the same period. Limited stock and high demand have supported median price growth for houses, showing resilience throughout COVID-19. A softer median unit price is expected, particularly due to the leftover oversupply from late 2016 to 2017.

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).

Oct. 12, 2020, 1:42 a.m.

Palm Beach Property Update 2nd Half of 2020

Palm Beach recorded a median house price of $915,000 and a median unit price of $545,000 in Q2 2020. This represents annual (Q2 2019 – Q2 2020) median price growth of 11.6% for houses and 6.3% for units. Between Q2 2019 - Q2 2020 sales increased, by 60.5% for house (to 69 sales) and by 1.3% for units (to 79 sales). The Palm Beach property market shows great resilience during COVID-19, from a price growth and demand perspective. There many opportunities for first home, with ample government incentives.

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. 3, 2020, 11:31 p.m.

Palm Beach Property Update 1st Half 2020

Palm Beach recorded a median house price of $907,000 and a median unit price of $552,000 in Q4 2019. This represents annual (Q4 2018 – Q4 2019) median price growth of 6.5% for houses and 14.7% for units. Between Q4 2018 – Q4 2019, total sales strengthened by 11.8% for houses (to 38 sales) and by 4.8% for units (to 66 sales). The Palm Beach market is strong, with an increase in demand and high capital growth. Now is the time to transact in the market, particularly for first home buyers before prices become unaffordable.