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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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Hervey Bay is a coastal city in the Fraser Coast Region of Queensland, approx. 290kms or 3.5hrs drive north of Brisbane. It is the gateway to World Heritage Listed Fraser Island, the largest sand isl…
Hervey Bay is a coastal city in the Fraser Coast Region of Queensland, approx. 290kms or 3.5hrs drive north of Brisbane. It is the gateway to World Heritage Listed Fraser Island, the largest sand isl…
Tannum Sands is a coastal town and locality in the central east coast of Queensland. According to ABS Census 2016 31.4% of private dwellings were rented, a significant increase compared to the 9.2% r…
Tannum Sands is a coastal town and locality in the central east coast of Queensland. According to ABS Census 2016 31.4% of private dwellings were rented, a significant increase compared to the 9.2% r…
Panania recorded a median house price of $1,025,000 and $750,000 for units in Q3 2018, representing an annual (Q3 2017-Q3 2018) price change of -1.2% and -1.6% respectively. Compared to the Panania 1…
Panania recorded a median house price of $1,025,000 and $750,000 for units in Q3 2018, representing an annual (Q3 2017-Q3 2018) price change of -1.2% and -1.6% respectively. Compared to the Panania 1…
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 tim…
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 tim…
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…
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…
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