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PRD’s latest findings reveal every real estate market around Australia is in its own gear speed. Many markets saw a price recovery due to a stable cash rate since November 2023. However, economic conditions and the ‘cost-of-living crisis’ have dampened savings, and a stable cash rate has created “sticky” buyers (those who are in the market but not…
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From the Desk of the Chief Economist
Continue reading >Ballarat offers a perfect blend of rich history, stunning architecture, and modern amenities, creating a vibrant community atmosphere. Its affordable housing, excellent schools, and proximity to nature make it an ideal place for families and professionals alike.
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The Upper Hunter in New South Wales offers a serene lifestyle surrounded by stunning landscapes and a strong sense of community. It's an ideal place for those seeking a peaceful environment with easy access to nature and outdoor activities.
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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Visit >In Q1 2023, Tannum Sands recorded a median house price of $455,000, and a median unit price of $277,000. This represents annual (Q1 2022 – Q1 2023) median price growth of 5.8% for houses and -7.7% so…
In Q1 2023, Wagga Wagga recorded a median house price of $569,500, and a median unit price of $337,500. This represents annual (Q1 2022 – Q1 2023) median price growth of 10.3% for houses and 8.5% for…
In Q1 2023, Lake Macquarie recorded a median house price of $970,000, and a median unit price of $672,000. This represents annual (Q1 2022 – Q1 2023) median price softening of -3.0% for houses and 9.…
On Friday 5th May the Reserve Bank of Australia handed down its May Statement of Monetary Policy 2023, discussing the state of the economy after 11 cash rate hikes. This is followed by the Federal G…
In Q1 2023, Newcastle* (which in this report represents postcodes 2300 and 2303) recorded a median house price of $1,250,000, and a median unit price of $773,750. This represents an annual (Q1 2022 –…
In Q4 2022, Upper Hunter recorded a median house price of $491,000 and a median unit price of $340,000. This represents annual (Q4 2021 – Q4 2022) median price growth of 15.5% for houses and 30.3% fo…
The beginning of 2023 has marked an uncertain time for property buyers, with many monitoring cash rate movements and its impact on the housing market. The Reserve Bank of Australia (RBA) increased th…
QLD Core Graphs Q2 2014
In Q4 2022, Tallebudgera recorded a median house price of $1,435,000. This represents annual (Q4 2021 – Q4 2022) median price softening of -4.9% for houses. House sales decreased between Q4 2021 – Q4…
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