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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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The Surfers Paradise* unit market recorded a median price of $380,000 in Q2 2018, which represented an annual price change of -2.6%. Over the same period (Q2 2017 – Q2 2018), median unit prices in th…
The Runaway Bay Research Factsheet 2nd Half of 2018 encompasses of the aggregate market conditions in Runaway Bay, Biggera Waters, Coombabah, Hollywell and Paradise Point.
Robina recorded a median house price of $674,000 and $450,000 for units in Q2 2018, representing an annual (Q2 2017 – Q2 2018) price change of -0.2% and 3.0% respectively. Compared to Robina 1st half…
Robina recorded a median house price of $674,000 and $450,000 for units in Q2 2018, representing an annual (Q2 2017 – Q2 2018) price change of -0.2% and 3.0% respectively. Compared to Robina 1st half…
Compared to the Macedon Ranges Local Government Area (LGA), both houses and land could be secured at a more affordable price in the Kyneton property market. Furthermore, Kyneton’s positive upwardly t…
The Hunter Valley is a more attractive and affordable investment option to Sydney Metro, while also boasting higher returns.
The Hunter Valley is a more attractive and affordable investment option to Sydney Metro, while also boasting higher returns.
Softer growth experienced in Ingleburn house prices is reflective of Sydney’s cooling growth levels, providing increased affordability. Buyers are urged to act now.
Softer growth experienced in Ingleburn house prices is reflective of Sydney’s cooling growth levels, providing increased affordability. Buyers are urged to act now.
The Whitsundays (4802 postcode) property market recorded a median house price of $412,500 and $231,000 for units in Q2 2018, representing an annual (Q2 2017-Q2 2018) price change of -0.6% and -28.9% …
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