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Port Stephens is a coastal sanctuary located 2 and a half hours north of Sydney, In New South Wales, and is home to 26 golden beaches and sea-side activities. The area includes the charming seaside v…
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…
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…
Port Stephens is located on the north coast of New South Wales about 150km for Sydney. It is known for its natural beauty, vibrant marine life and breathtaking beaches and is a perfect escape from ci…
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…
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…
From the Desk of the Chief Economist
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…
In Q1 2024, Port Stephens recorded a median house price of $1,050,000, and a median unit price of $625,000. This represents annual (Q1 2023 – Q1 2024) median price growth of 5.0% for houses and 0.8% …
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…
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