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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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This report analyses the Bankstown Local Government Area (LGA). It highlights the regions characteristics as well as the performance of the house and unit markets in the area. Area Characteristics Th…
This report analyses the current trends and performance of the Port Macquarie house and unit markets. It also contains a brief overview of the demography and recent infrastructure developments in the…
This report analyses the current trends and performance of the Macedon Ranges Local Government Areas (LGA) house and vacant land markets. It further highlights the regions characteristics and local t…
Across many areas in Queensland residential real estate has undergone a significant softening in sales activity and values, as demand has reflected the general decline in sentiment and confidence. Th…
Area Characteristics Comprising a total area of 1,850 hectares, Robina was one of the largest private master planned community developments in Australia. According to the Australian Bureau of Statist…
Scope 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 tren…
Scope 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 pot…
Scope The following Property Watch is the result of an investigation into the house and unit markets within the Hills Local Government Area (LGA). Area Characteristics Sydneys Hills Region is located…
For the purposes of this report, the Cairns Area encompasses the suburbs highlighted orange in the map to the right . This area stretches from Bellenden Ker in the south and Palm Beach in the north. …
Area Characteristics The Whitsunday Region is located 125 kilometres north of Mackay and is considered the gateway not only to the Whitsunday Islands, but also the Great Barrier Reef. This area has t…
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