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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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BUDERIM AREA MARKET OVERVIEW The following investigation looks at the Buderim Area residential real estate market which encompasses the suburbs of Buderim and Mountain Creek. The Buderim Area propert…
ROMA MARKET OVERVIEW Maranoas regional capital Roma is on the cusp of major urban reform, with unprecedented growth in various resource industries placing immense pressure on this regional hub to ser…
MACKAY REGION MARKET OVERVIEW The following Property Watch report is the result of an investigation into the historic and current market trends of the Mackay Region real estate market. The Mackay pro…
LAKE MACQUARIE NORTH OVERVIEW This report is an investigation into the northern side of the Lake Macquarie Government Areas residential real estate market. It interprets the current and historical ho…
BURLEIGH HEADS AREA MARKET OVERVIEW The following Property Watch report is the result of an investigation into the historic and current market trends of the Burleigh Heads Area, defined by the suburb…
TUMBARUMBA REGION OVERVIEW The following Property Watch report is the result of an investigation into the historic and current market conditions of the Tumbarumba Local Government Area (LGA). Located…
St George East Market Overview This report navigates through the historic and current market conditions of the eastern suburbs of the St George Region, located across the Rockdale, Kogarah and Hurstv…
Market Overview This report navigates through the historic and current market conditions of the southern suburbs of The Hills Shire, the Northern part of the Parramatta Local Government Area (LGA) an…
MARYBOROUGH AREA MARKET OVERVIEW The April 2012 six months saw 62 houses transact, well down on the average of 120 transactions over a six month period for the last five years. Volumes across most Vi…
BUNINYONG AREA MARKET OVERVIEW The following Property Watch report is the result of an investigation into thehistoric and current market trends of the Buninyong Local Government Area. Thearea include…
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