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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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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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The Australian rental market has reached a point of severe stress, with many referring to current conditions as the "rental crisis". This report identifies key suburbs/areas in each capital city that hold a potential for renters. We have attempted to identify suburbs with a lower median rental price compared to the relevant capital city, as well a…
Continue reading >The PRD Property Search showcases property for sale and rent right across Australia. Find the latest homes for sale and search for Australian Real Estate.
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The Bendigo property market recorded median price of $385,000 for houses and $272,500 for units in Q2 2017; this represents an annual price change of -4.9% and +6.8% respectively. This suggests incre…
The Kyogle property market demonstrates strong results for everyone. Kyogle has experienced solid rural sales and land values are on the rise since 2015, peaking at a rare $725,000 sale in 2017. Inc…
Introduction Blurb: The Palm Beach property market has witnessed a strong performance over the past 12 months to Q2 2017 with exceptional growth for both houses and units.
Bribie Island and its surrounding suburbs are currently an attractive property market for investors. In Q1 2017, house median price experienced an annual increase of 9.5% to $462,500, while unit medi…
PRD’s Australian Economic and Property Report 2017 is a comprehensive and important resource for those wanting to keep up to date on evolving key economic and property market trends.
The property market in Nundah and its surrounding suburbs has witnessed solid performance over the past 12 months. In Q4 2016 it recorded median house price of $700,000 with an annual growth of 7.7% …
The property market in Nundah and its surrounding suburbs has witnessed solid performance over the past 12 months. In Q4 2016 it recorded median house price of $700,000 with an annual growth of 7.7% …
The Caboolture property market has witnessed solid performance over the past 12 months to Q1 2017, with a unique combination of annual price growth and comparatively affordable property prices.
The Caboolture property market has witnessed solid performance over the past 12 months to Q1 2017, with a unique combination of annual price growth and comparatively affordable property prices.
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