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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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Tannum Sands recorded a median house price of $370,000 in Q1 2017 with -5.1% decline over the same period of time. Tannum Sands’ house market is softening at a slower rate than the Gladstone LGA, ind…
In Horsham 89% of all home sales over the past 12 months have been recorded at under $400,000, while the median house price in Q1 2017 currently sits at $249,250. This makes Horsham one of the most a…
The Dapto property market has performed exceptionally well due to the continuing implementation of a masterplan for the West Dapto area, resulting in land releases being snapped up very quickly.
The Dapto property market has performed exceptionally well due to the continuing implementation of a masterplan for the West Dapto area, resulting in land releases being snapped up very quickly.
The PRD Brisbane hotspots report provides valuable insight and highlights for the market, reporting on a number of key indicators to create a holistic picture of the property conditions in 2017. This…
The PRD capital hotspots report provides valuable insight and highlights for the market, reporting on a number of key indicators to create a holistic picture of the property conditions in each capita…
The PRD Sydney hotspots report analyses all suburbs within the Greater City of Sydney region. It provides valuable insight and highlights for the market, reporting on a number of key indicators to cr…
The PRD Melbourne hotspots report analyses all suburbs within the Greater Melbourne region. It provides valuable insight and highlights for the market, reporting on a number of key indicators to crea…
The PRD Hobart hotspots report analyses all suburbs within the Greater Hobart region. It provides valuable insight and highlights for the market, reporting on a number of key indicators to create a h…
The PRD capital hotspots report provides valuable insight and highlights for the market, reporting on a number of key indicators to create a holistic picture of the property conditions in each capita…
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