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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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This report analyses the current trends and performance of the Creswick Regions house and land markets. It further highlights the areas characteristics and demographic trends to provide an understand…
YAMANTO AREA MARKET OVERVIEW The following Property Watch report is the result of an investigation into the historic and current market trends of the Yamanto Area, which encompasses the suburbs of Ra…
PRD Quarterly Economic and Property Report Ed 1 2012
The following Property Watch report is the result of an investigation into the historic and current market trends within the Bundaberg Local Government Area (LGA), with a specific analysis on the Bun…
The latest figures from the NSW Department of Housing have recently been released, portraying the change in median rent prices and activity for Local Government Areas (LGAs) across the state. PRD Res…
This report analyses the current trends and performance of the Tamworth Regional Local Government Areas house, unit and vacant land market. Area Characteristics The Tamworth Regional Local Government…
The following Property Watch investigates the house and land markets comparing the Yeppoon Area to the Rockhampton Area. This report also highlights the trends influencing these property markets and …
The following report is the result of an investigation into the house and unit markets of The Entrance and surrounding suburbs, located in the Wyong Local Government Area (LGA). Area Characteristics …
Overview Adjacent to the Great Barrier Reef, Townsville is located in the dry tropics region of the North Coast of Queensland. As the largest urban centre north of the Sunshine Coast, Townsville is c…
The following Property Watch is the result of an investigation into the housing, unit and vacant land markets comprising the suburbs of West Brisbane as depicted on the map to the right. The purpose …
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