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May 28, 2018, 4:27 a.m.
Q2 2018 Key Market Indicators – Western Australia
Western Australia achieved 3 bronze awards nationally in PRDnationwide’s Q2 2018 Key Market Data Indicator Awards. For the second quarter running, WA earned the bronze awards nationally for both the highest home loan affordability index reading and highest median weekly family income in PRDnationwide’s Q2 2018 Key Market Indicator Awards.
May 28, 2018, 4:11 a.m.
Q2 2018 Key Market Indicators – Northern Territory
The Northern Territory takes out 2 gold and 2 silver awards nationally in the PRDnationwide Q2 2018 Key Market Data Indicator Awards. The NT has improved the most in its home affordability loan index growth, recording an increase of 8.1% over the past 12 months to the December quarter of 2017. They have bumped ACT from the number 1 spot for this category, earning the gold award nationally. This is a significant achievement considering the state has moved up from the bronze award they achieved for the same category last quarter.
May 28, 2018, 3:53 a.m.
Q2 2018 Key Market Indicators
The PRDnationwide Q2 2018 Key Market Indicators provide a quick snapshot of the current state of affairs in Australia from both an economic and property perspective.
May 28, 2018, 3:25 a.m.
Q2 2018 Key Market Indicators – Queensland
Queensland achieved 5 bronze awards nationally in the Q2 2018 PRDnationwide Key Market Data Indicator Awards. QLD has traditionally been known as the more affordable Australian state in terms of property prices, however over the past 3 quarters there has been a definite shift in affordability. QLD recorded a home loan affordability index reading of 36.3 points in the December quarter of 2017, which although is still higher than the Australian average of 31.6 index points, puts QLD in the top 3 unaffordable states. This places it right behind VIC (29.9 index points) and NSW (26.5 index points).
May 24, 2018, 12:11 a.m.
Ramsgate Beach Research Factsheet 1st Half of 2018
The Ramsgate Beach property market continues to show positive capital growth over the past 12 months to Q1 2018, with median house price growing by 0.7% to $1,595,500 and median unit price growing at a stronger rate of 4.2% to $755,500. Compared to the 2nd half 2017 Ramsgate Beach research report positive growth in both median house and units prices has softened (1.9% and 12.6% previously), which indicates a return to more sustainable growth and increased affordability for first home buyers.
May 24, 2018, midnight
Kingsgrove Research Factsheet 1st Half of 2018
The Kingsgrove property market recorded a median house price of $1,300,000 and $614,500 for units in Q1 2018, which represents an annual price change of 3.2% and -3.9% respectively. Over the same period of time (Q1 2017 – Q1 2018), house prices in the combined Local Government Area (of Georges River Council, Bayside Council, and Canterbury-Bankstown Council) changed by -0.7% to $1,150,000 and unit prices grew by 2.4% to $686,000.
May 23, 2018, 11:45 p.m.
Maidstone Research Factsheet 1st Half 2018
Maidstone’s property market has grown from strength to strength, with Q1 2018 recording a median price of $804,444 (house) and $511,750 (units). This is an annual (Q1 2017 – Q1 2018) price change of 9.4% and 0.3% respectively. Over the same period of time, house prices in Maribyrnong suburb grew by 6.7% to $1,025,000 and unit prices softened by -3.2% to $486,000.
May 23, 2018, 11:25 p.m.
Panania Research Factsheet 1st Half 2018
The Panania property market has continued to show positive capital growth over the past 12 months (Q1 2017-Q1 2018), however at a more sustainable rate when compared to 2nd half 2017 research report.
May 23, 2018, 11:06 p.m.
Dapto Research Factsheet 1st Half of 2018
The Dapto market is showing signs of great promise in 2018, with Q1 2018 median house price recorded at $645,000 and median unit price of $570,000. This represents an annual price change of 12.2% and 3.6% respectively, which although when compared to the annual price growth recorded in the 2nd half 2017 research report (of 17.9% for house and 10.7% for units) is lower, it signals a return towards a more sustainable market – increased affordability for first home buyers whilst still offering property owners positive returns.
May 21, 2018, 5:26 a.m.
Burleigh Heads and Burleigh Waters Research Factsheet 1st Half of 2018
Burleigh Heads recorded a median house price of $896,450 and $439,790 for units in Q1 2018, which represents an annual price change of 8.7% and -1.7% respectively. Compared to Gold Coast City Local Government Area (LGA) Burleigh Heads offer a premium market.