Penrith Property Market Update 1st Half 2025
Penrith is in Greater Western Sydney and nestled on the banks of the Nepean River, located about 45 minutes from Sydney CBD. Penrith offers a mix of outdoor adventures, cultural experiences and famil…
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Smart Moves: Regional Edition 2025
As housing affordability continues to slide across Australia’s capital cities, PRD’s “Smart Moves: Regional Edition 2025” highlights ten regional markets offering a smarter path to home ownership an…
Staying the Course: A Slow but Steady Market Shift
PRD's Australian Economic and Property Update for the 1st half of 2025. 2025 is shaping up to be an exciting year in residential real estate, with our first rate cut in February 2025 (and possibly mo…
Penrith Property Market Update 2nd Half 2024
Penrith is located in Greater Western Sydney, about 57km west of Sydney CBD and is known for its blend of urban conveniences and natural beauty. Situated on the banks of the Nepean River and at footh…
Affordable and Liveable Property Guides 2nd Half 2024
The PRD Affordable and Liveable Property Guides 2nd half 2024 are available for Brisbane, Sydney, Melbourne, and Hobart. These guides provide valuable insights on property trends and how current econ…
Different Markets. Different Gears: Australian Economic and Property Report 2024
PRD’s latest findings reveal every real estate market around Australia is in its own gear speed. Many markets saw a price recovery due to a stable cash rate since November 2023. However, economic con…
Stage 3 Tax Cuts: Will It Allow Greater Access to the Property Market?
From the Desk of the Chief Economist
Penrith Property Market Update 1st Half 2024
In Q1 2024, Penrith recorded a median house price of $955,000 and a median unit price of $582,250. This represents annual (Q1 2023 – Q1 2024) price growth of 11.0% for houses and 3.7% for units. Duri…
Affordable and Liveable Property Guides 1st Half 2024
The PRD Affordable and Liveable Property Guides 1st Half 2024 are available for Brisbane, Sydney, Melbourne, and Hobart. These guides provide valuable insights into property trends and how current ec…
Roaring Regions - Top 10 Affordable Regional Areas 2024
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 t…
