National Hotspots 1st Half 2017
The PRDnationwide capital hotspots report provides valuable insight and highlights for the market, reporting on a number of key indicators to create a holistic picture of the property conditions in each capital city.
Each report focuses on suburbs within a 20km radius of the CBD, taking into consideration the following factors:
- Sales indicators - the number of
sales transactions and median price growth over the past fifteen months between
2015 and 2016/17.
- Rental and investment indicators -
median rental price, rental yield, and vacancy rates.
- Affordability - the average home
loan of the relevant state, which indicates the amount that banks are
comfortable with in approving for mortgage loans. We add a percentage premium
to this amount to indicate the maximum property price considered to be
- Developments scheduled to commence
in the 1st half 2017, which includes mixed use, infrastructure,
industrial, and residential projects. This is key to maintaining growth as it
indicates a potential increase in economic and commercial activity; as well as
interconnectivity to key transport routes, the CBD, and other major urban
A main contrast between the capital city hotspots in
relation to affordability is reflected in a house median price heatmap, in
particular the percentage of the market accessible to buyers with a certain
budget within 20km from the CBD.
For further information on each PRDnationwide capital city hotspots please contact email@example.com