Research Hub
Search Articles
Featured Research
Create an account with PRD and access our full research archive and receive reports to your email
Sign in • Join upSell Smarter with PRDnationwide
Watch the Video
Dec. 7, 2018, 12:54 a.m.
Bendigo Rental and Investment Report 2nd Half 2018
The Bendigo rental market continues to serve investors well, particularly for houses. Median house rental price increased by 7.0% over the past 12 months to Q3 2018, to $320 per week. During this time the number of houses rented also increased, by 64.0%. This suggests real growth in investment returns and that median house rental price increase was not due to a scarcity in the market. Average days on market for have declined, by -7.0% for houses and by -22.0% for units. This suggests there is now quicker uptake of rental properties, which is good news for investors and confirms Bendigo as an investment hotbed.
Dec. 5, 2018, 7:24 a.m.
Marsden Research Factsheet 2nd Half of 2018
Marsden is a suburb of Logan City, approx. 47.5km south of Brisbane CBD. According to ABS Census 2016 51.5% of occupied private dwellings in Marsden were rented, higher than the Queensland average of 34.2%. Further, the number of private dwellings grew by 18.3% during this time, signalling a healthy rental market for investment.
Dec. 5, 2018, 6:44 a.m.
Ipswich Research Factsheet 2nd Half 2018
The City of Ipswich consists of urban and rural areas, approx. 44kms southwest from the Brisbane CBD. According to ABS Census 2016 39.7% of occupied private dwellings in Ipswich were rented, which is not only an increase when compared to the 36.8% reported in 2011, but also higher than the Queensland average of 34.2%. This is good news for investors looking to enter the market.
Dec. 5, 2018, 6:40 a.m.
Lake Macquarie Research Factsheet 2nd Half 2018
Lake Macquarie is located approx. 150km north of Sydney, adjacent to Newcastle. According to ABS Census 2016 only 8.8% of private dwellings were unoccupied, lower than Australia’s average of 11.2%. Further, the number of private dwellings grew by 4.8% during this time, signalling a healthy rental market for investment.
Dec. 5, 2018, 6:30 a.m.
Ramsgate Beach Research Factsheet 2nd Half of 2018
Ramsgate Beach recorded a median house price of $1,600,000 and $750,000 for units in Q3 2018, representing an annual (Q3 2017-Q3 2018) price change of -3.8% and 2.0% respectively. Compared to the Ramsgate Beach 1st half 2018 Research Factsheet, which reported an annual (Q1 2017 – Q1 2018) price change of 0.7% (house) and 4.2% (units), properties in Ramsgate Beach have become more affordable for buyers wanting to enter the market.
Dec. 5, 2018, 6:16 a.m.
Burleigh Heads Research Factsheet 2nd Half of 2018
The property market of Burleigh Heads*, recorded a median house price of $850,000 and $462,000 for units in Q3 2018. This represented an annual (Q3 2017-Q3 2018) price strengthening of 9.0% and 3.0% respectively. Compared to Burleigh Heads* 1st half 2018 Research Factsheet, which reported an annual (Q1 2017 – Q1 2018) median price softening of 8.7% (house) and -1.7% (units). Both house and unit annual capital growth have improved in the market which is good news for vendors.
Dec. 5, 2018, 5:56 a.m.
Wagga Wagga Research Factsheet 2nd Half of 2018
In Q3 2018, the Wagga Wagga property market recorded a median house price of $370,000 and a median unit price of $217,500. This represented an annual price growth of 4.2% for houses and -17.0% for units. Compared to Wagga Wagga 1st Half 2018 Research Factsheet, which reported an annual (Q1 2018 – Q3 2018) median price change of 5.6% (house) and 1.1% (units), houses in Wagga Wagga have strengthened in value whereas units have become more affordable.
Dec. 5, 2018, 5:47 a.m.
Penrith Research Factsheet 2nd Half 2018
In Q3 2018, Penrith Local Government Area (LGA) recorded a median house price of $676,500 and a median unit price of $495,000, representing annual (Q3 2017-Q3 2018) price changes of -3.3% and -4.3% respectively. Compared to Penrith 1st half 2018 Research Factsheet, which reported an annual (Q1 2017 – Q1 2018) median price change of -1.4% (house) and -2.3% (units), properties in Penrith LGA have become more affordable. This cooling of prices is in line with expectations in the wider Sydney market, and represents a return to more sustainable price levels.
Dec. 5, 2018, 5:29 a.m.
Maroubra Research Factsheet 2nd Half 2018
In Q3 2018 the Maroubra property market recorded a median house price of $1,780,000 and a median unit price of $825,000. This represented annual (Q3 2017-Q3 2018) price changes of -5.6% and 1.2%. Compared to Maroubra 1st Half 2018 Research Factsheet, which reported an annual (Q1 2017 – Q1 2018) median price change of 5.2% (house) and 4.7% (units), properties in Maroubra have become more affordable.
Dec. 3, 2018, 5:34 a.m.
Affordable & Liveable Property Guide 2nd Half 2018
The PRDnationwide Affordable and Liveable Property Guides 2nd Half 2018 have just been released for Sydney, Melbourne, Brisbane, and Hobart. The reports provide valuable insight and highlights for the market, reporting on many key indicators, creating a holistic picture of property conditions in each capital city.