Stage 3 Tax Cuts: Will It Allow Greater Access to the Property Market?
June 27, 2024, midnightFrom the Desk of the Chief Economist
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From the Desk of the Chief Economist
Continue reading >The PRD Affordable and Liveable Property Guides 1st Half 2024 are available for Brisbane, Sydney, Melbourne, and Hobart. These guides provide valuable insights into property trends and how current economic conditions (including higher interest rates) have impacted the market, as well as future developments for 2024. For those looking for more affo…
Continue reading >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…
Continue reading >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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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…
Area Characteristics The Chatswood region is located approximately 8.5 kilometres (Willoughby) and 11 kilometres (Chatswood) north of the Sydney CBD and bounded by the Ku-Ring-Gai Council to the nort…
Scope The following Property Watch is the result of an investigation into the house, unit and vacant land markets comprising the Greater Mudgeeraba Area property market. The purpose of this report is…
Area Characteristics Helensvale is located 13km north of Surfers Paradise and was the first integrated suburb built on the hinterland fringe of the Gold Coast. People tend to be attracted to the Hele…
Scope 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. …
Local Area Characteristics The northern beach town region of New South Wales spans 90 kilometres along the coastline, offering a combination of national parks and golden beaches. The area is located …
Middle Ring House Sales Activity below $500,000 The Sydney Metropolitan Area experienced significant house price increases in 2010, buoyed by second and third home buyers upgrading their residences. …
Scope This report analyses the current trends and performance of the Hastings LGAs house, unit and vacant land markets. Area Characteristics The Hastings LGA is located approximately 300 kilometres n…