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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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In Q3 2023, Panania recorded a median house price of $1,330,000, and a median unit price of $1,015,000. This is annual (Q3 2022 – Q3 2023) growth of 6.4% for houses and 18% for units. Sales increased between Q3 2022 – Q3 2023, by 13% (to 217 sales) for houses and significantly to 93 sales for units. Median house and unit prices did see a slight di…
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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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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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Australia’s property market exceeded all expectations in 2020 and in the first half of 2021. The ‘doom and gloom’ and ‘market crash’ predictions did not eventuate, in fact, the op…
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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 avail…
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IN BRIEF Median prices for all sectors of the Werribee market performed strongly for the six months to March 2011. The house market recorded a 8.9% annual increase, units 9.8% and vacant land surged …
IN BRIEF Sales activity in both the house and vacant land markets during the six months to September 2011 recorded some of the lowest levels evidenced in over a decade. The unit market managed to buc…
IN BRIEF Although relatively volatile, the median house price for Warwick achieved positive annual growth of 7.0 per cent in the year to September 2011, and has demonstrated greater long-term average…
IN BRIEF The Greater Helensvale house market has demonstrated a continued decreasing trend in sales activity, attributed largely to softened land values and reluctant vendors. The median price for th…
Overview This report provides a comprehensive analysis on investors purchasing within the Brisbane Local Government Area (LGA). Analysis was conducted for settled house and unit sales within the six …
IN BRIEF Strong employment prospects exist, with mining companies intensifying their activity in the region. The median house price declined 4.6% to $257,500 in the year to September 2011. The newly …
IN BRIEF The median sale price for houses in the region closed the September 2011 six month period at $274,000, culminated from a total of 747 transactions. The median sale price for both vacant land…
Local Area Characteristics The Clarence Valley Local Government Area (LGA) is located along the northern coastline of New South Wales and offers a diversified landscape for its residents, from 80 kil…
The regional town of Dalby is located at the junction of the Warrego, Moonie and Bunya Highways. It has a diverse economy which is notable for its rich grain and cotton industry and is also the site …
Scope This report analyses the current trends and performance of the Macedon Ranges Local Government Areas (LGA) house and vacant land markets. It further highlights the regions characteristics and l…
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