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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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Underlying demand continues to underpin the performance of the Kelvin Grove unit market, with buyers quick to absorb new stock entering the market. This is demonstrated in the sales cycle chart by th…
The following Property Watch report is the result of an investigation into the historic and current market trends of the Hervey Bay Area, which encompasses the suburbs of Urangan, Torquay, Scarness, …
The Quarterly Economic and Property Report is a great tool for overcoming objections based on the macro-economy. These objections are typically concerns about whether interest rates will go up, unemp…
Significant changes in rent prices and the number of new bond lodgements are often good indicators for investors who search for areas with strong demand for rental properties and solid rental returns…
This report analyses the current trends and performance of the Ballarat Local Government Areas (LGA) house and unit markets. It further highlights the areas characteristics and demographic trends to …
The following Property Watch report is the result of an investigation into the historic and current market trends of the Ipswich Area, which encompasses the suburbs within the 4304, 4305 and 4306 pos…
Wagga Wagga City Council Market Overview Wagga Waggas location, on the main transport route between Sydney and Melbourne, and its function as administration centre for the wider Murrumbidgee region h…
MACKAY UNIT MARKET OVERVIEW The following report is the result of an investigation into the historic and current market trends of the Mackay unit market. Specifically, the report will highlight the r…
This report analyses the current trends and performance of the Melton Local Government Areas (LGA) house, unit and vacant land markets. It further highlights the regions local trends to provide an un…
This report analyses the current trends and performance of the Mildura Region house, unit and land markets. It further highlights this regions characteristics to provide an understanding of potential…
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