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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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Area Characteristics The Palm Beach Area is located approximately 20 minutes south of Surfers Paradise and 10 minutes north of the Gold Coast Airport. There are a number of significant natural landma…
For the purposes of this report, Toowoomba is defined as the area that falls within the same boundary as the old Toowoomba Local Government Area. This report will outline the major trends that have i…
Overview The Ipswich City Local Government Area (LGA) is located approximately 30 kilometres west from the Brisbane CBD and borders the Brisbane LGA to the northwest and Logan LGA to the southeast. A…
The Brisbane residential real estate market has experienced a volatile 2010, responding to increasing interest rates, the rising cost of living and general uncertainty within real estate. As a result…
The following Property Watch is the result of an investigation into the house, unit and vacant land markets within the Australian Capital Territory with specific focus on the City of Canberra.
The following Property Watch investigates the house and unit markets comprising the Perth Statistical Division (SD). This report highlights trends influencing these property markets and the factors c…
The report analyses The Hills and Parramatta Local Government Areas (LGAs). It highlights the regions characteristics and demographics, as well as the performance of the house, unit and vacant land m…
Area Characteristics The Sutherland LGA is located approximately 25 kilometres south of Sydneys CBD and is bordered by the Pacific Ocean to the east, Botany Bay and the Georges River to the north and…
Scope Over two years after the start of the 2008 Global Financial Crisis (GFC), a strong recovery is evident in the wider Sydney property market . Prices are at record highs, with only a moderate imp…
This report analyses the current trends and performance of the Tamworth Regional Local Government Area (LGA) house and unit market, and provides a specific insight into recent rural land sales in the…
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