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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 Runaway Bay (postcode 4216) market recorded a median house price of $810,000 and $462,500 for units in Q4 2017, representing an annual price change of 8.0% and 3.2% respectively. Over the same pe…
The Glenorchy property market recorded a median house price of $320,000 and $235,086 for units in Q4 2017, representing an annual price change of 13.9% and 24.1% respectively. Over the same period of…
In Q4 2017 the property market for the combined postcodes 4350 and 4352 in Toowoomba recorded a median house price of $400,000 and $296,250 for units, representing an annual price change of 2.7% and …
In this research release PRD National Research Manager Dr Diaswati Mardiasmo presents key insights into the current gold Coast property market and the Commonwealth Games 2018. Dr Mardiasmo has been t…
Over the past 12 months leading up to Q4 2017 the market in Tweed Heads has shown strong positive growth (10.1% for houses and 13.2% for units), with median prices at $637,500 and to $400,000 respect…
In Q4 2017 the property market for the combined postcodes 4350 and 4352 in Toowoomba recorded a median house price of $400,000 and $296,250 for units, representing an annual price change of 2.7% and …
The Ingleburn property market recorded a median house price of $735,000 and $476,750 for units in Q4 2017, representing impressive annual growth of 9.3% for houses and 5.9% for units. Meanwhile, the …
The Kyneton property market recorded a median house price of $507,500 and $260,000 for vacant land in Q4 2017, representing an annual price change of 2.5% and 10.6% respectively. Over the same period…
The Ingleburn property market recorded a median house price of $735,000 and $476,750 for units in Q4 2017, representing impressive annual growth of 9.3% for houses and 5.9% for units. Meanwhile, the …
New Norfolk recorded a median house price of $203,750 in Q4 2017, representing an annual price change of 8.7%. Over the same time period vacant land prices trended upwards to $98,000. At the same tim…
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