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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 following Property Watch investigates the house and land markets comparing the Yeppoon Area to the Rockhampton Area. This report also highlights the trends influencing these property markets and …
This report analyses the current trends and performance of the Tamworth Regional Local Government Areas house, unit and vacant land market. Area Characteristics The Tamworth Regional Local Government…
The following report is the result of an investigation into the house and unit markets of The Entrance and surrounding suburbs, located in the Wyong Local Government Area (LGA). Area Characteristics …
Overview Adjacent to the Great Barrier Reef, Townsville is located in the dry tropics region of the North Coast of Queensland. As the largest urban centre north of the Sunshine Coast, Townsville is c…
The following Property Watch is the result of an investigation into the housing, unit and vacant land markets comprising the suburbs of West Brisbane as depicted on the map to the right. The purpose …
The following report is the result of an investigation into the house and unit markets of four local areas within the Hurstville, Kogarah and Rockdale Local Government Areas (LGAs ). Area Characteris…
Local Area Characteristics A city in transit The Logan City Local Government Area is located approximately 15 and 50 kilometres south from the Brisbane CBD and borders the Brisbane LGA to the north a…
This report analyses the current trends and performance of the house , unit and vacant land markets within the Port Stephens Local Government Area (LGA). Area Characteristics The Port Stephens LGA is…
This report analyses the current trends and performance of the Warrnambool Areas house and unit markets. It further highlights the areas characteristics and trends to provide an understanding of the …
Area Characteristics and Demographics The Australian Capital Territory (ACT) is located approximately 280 kilometres south west of Sydney and 670 kilometres north of Melbourne, covering an approximat…
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