Create an account with PRD and access our full research archive and receive reports to your emailSign in • Join up
PRD Nationwide History
More Videos by PRDnationwide
May 20, 2019, 6:45 a.m.
Q2 2019 Key Market Indicators – Queensland
Queensland (QLD) proves itself to have strong and steady property growth indicators and economic fundamentals, which allows for key property purchasing decisions to be made with confidence in the state. This is particularly crucial in this economic and political climate, where there are many uncertainties within society due to many factors, such as: Federal and State Elections, the potential implementation of the Royal Banking Commission recommendations, and the fluctuating Australian Dollar.
May 20, 2019, 4:43 a.m.
Q2 2019 Key Market Indicators
Australian consumer sentiment read 100.7 index points in April 2019, exactly on the positive line of 100 index points, indicating that in general, Australians have a positive yet cautious outlook on the economy. This is interesting as the current consumer sentiment is on a -1.7% decline compared to 12 months ago (April 2018), which does not come as a surprise given past events such as: the Royal Banking Commission’s enquiry into the banking and financial sector, the handing down of the Federal Budget 2019, and the announcement of the 18 May 2019 Federal elections.
March 24, 2019, 11:29 p.m.
Ready, Set, Go… Regional! – Top 12 Affordable Hotspots 2019
Finding an affordable option in Australian capital cities is not easy, especially when you are a first home buyer. Australia’s home loan affordability index has been at the lower end of the scale since its peak in 1993 and 2002, with December 2018 figures showing a marginal improvement of 1.3% over the past 12 months.
March 13, 2019, 7:16 a.m.
Southport Property Factsheet 1st Half 2019
Southport recorded a median house price of $605,000 and $367,500 for units in Q4 2018. This is an annual (Q4 2017-Q4 2018) median price growth of 0.4% for houses and a softening of -3.9% for units. Compared to the Southport 2nd half 2018 Research Factsheet, which reported an annual (Q2 2017 – Q2 2018) median price change of 3.9% (house) and -4.7% (units), units in Southport have slightly strengthened in value and houses have become more affordable. Overall this represents a resilient market and an ideal environment for buyers.
March 5, 2019, 1:34 a.m.
Manufactured Home Estates: An Affordable Retirement Option?
The pressure of Australia’s ageing population and growing desire for affordability calls for an investigation into the diversity of housing options. According to the Australian Bureau of Statistics (ABS), during 2016 there were 3.7 million Australians aged over 65 years, representing 15% of the population. This is a significant increase from the 1976 ABS figure of 1.3 million people aged over 65 years, representing only 9% of the population.
Feb. 17, 2019, 11:12 p.m.
Q1 2019 Key Market Indicators – Queensland
Queensland (QLD) continues to attract new residents into the sunshine state, with 14,358 people choosing to call it home in the June quarter of 2018. This is a 7.5% increase over the past 12 months, which earned QLD a silver award nationally for the highest nett migration category in the PRDnationwide Q1 2019 Key Market Indicator Awards.
Feb. 4, 2019, 1:51 a.m.
Inner-Brisbane Apartments Report 2019
The future development pipeline is a cause for concern for investors and owners alike, with fears that incorrect stock selection could compound price and cause oversupply issues, due to the increased apartment development in Brisbane since 2015.
Dec. 3, 2018, 5:10 a.m.
Brisbane - Affordable & Liveable Property Guide 2nd Half 2018
Between 2017 and 2018, the number of houses sold in the Brisbane City Local Government Area (LGA) grew by 5.0%, yet the median house price softened by -1.0% to $670,000. The Brisbane LGA unit market has also become affordable as prices softened by -1.0% to $439,000 in 2018.
Nov. 21, 2018, 4:53 a.m.
Q4 2018 Key Market Indicators – Queensland
Queensland’s (QLD) top achievement this quarter was winning the silver award nationally for highest median weekly family income growth at 2.5% in the 12 months to June quarter 2018. QLD can boast a superior wage growth this quarter, which many states would be envious of in the current low wage growth environment.
Nov. 21, 2018, 4:39 a.m.
Q4 2018 Key Market Indicators
As 2018 closes, it is time to celebrate some wins, the most notable of all being positive consumer sentiment and growth in the number of first home buyer loans. The Australian consumer sentiment index recorded 104.3 points in November 2018, which is above the positive mark of 100 index points, and represents a 4.6% growth over the past 12 months. This suggests increasing confidence in the economy, which after a year of federal budgetary and politics changes, is a positive way to end the year. A more confident society will have a higher tendency to spend, which will have a positive multiplier effect on the economy as a whole, be it in the retail sector, hospitality, property, and others.