Your home for the latest property insights.
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…
Continue reading >
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?
Continue reading >
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…
Continue reading >
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.
Visit >
At PRD, our franchise offices are independently owned and operated businesses. Send an Enquiry to contact your local PRD Real Estate Office.
Visit >Create an account with PRD and access our full research archive and receive the latest reports directly to your email
Over 2018, Norwest has continued to experience cooling, where median prices have become more affordable – particularly for houses. This is reflective of Sydney's cooling in property prices, presentin…
Western Australia (WA) continues to earn the bronze award nationally for both highest home loan affordability index reading and highest median weekly family income categories in Q3 2018 Key Market Da…
Property prices in regional Victoria (VIC) increased by 6.5% over the past 12 months to the 1st half of 2018, as recorded in the PRD Australia Economic and Property Report 2018. The same report indic…
TAS took out the bronze award nationally for highest number of dwelling approvals growth in Q3 2018 Key Market Indicator Awards, at 14.1% over the past 12 months to June 2018. This is quite significa…
SA took the silver award nationally for highest median growth in median weekly family income, at 2.6% over the past 12 months to March quarter 2018. This should increase household median income and a…
Queensland (QLD) takes out the silver award nationally for highest nett migration in the PRD Q3 2018 Key Market Indicator Awards series, recording a movement of 9,174 people as of December 2017. This…
The Northern Territory (NT) takes out the gold award nationally for most improved home loan affordability index growth two quarters in a row, recording a 6.3% growth over the past 12 months to March …
New South Wales (NSW) continues to achieve the gold award nationally for most improved number of first home buyer loans for the third quarter in a row, increasing by 80.8% over the past 12 months to …
Australian Capital Territory (ACT) has come to be one of the most affordable states in Australia, earning a gold award nationally in the highest home loan affordability index reading category (50.8 i…
Q3 2018 Key Market Indicators brings us the most positive news regarding the Australian Consumer Sentiment to date, with the index sitting at 106.1 points. This is well above the 100.0 indicator for …
Connect with us
