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In Q4 2023, Southport recorded a median house price of $1,062,500, and a median unit price of $585,000. This represents annual (Q4 2022 – Q4 2023) growth of 19.4% (houses) and 6.4% (units). During th…
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 fa…
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 a…
In Q2 2023, Southport recorded a median house price of $980,000, and a median unit price of $560,000. This represents annual (Q2 2022 – Q2 2023) growth of 5.9% and 5.7% for houses and units respectiv…
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…
The PRD Affordable and Liveable Property Guides 1st Half 2023 are available for Brisbane, Sydney, Melbourne, Hobart, Gold Coast, Perth and Adelaide. These guides provide valuable insights on property…
On Friday 5th May the Reserve Bank of Australia handed down its May Statement of Monetary Policy 2023, discussing the state of the economy after 11 cash rate hikes. This is followed by the Federal G…
The beginning of 2023 has marked an uncertain time for property buyers, with many monitoring cash rate movements and its impact on the housing market. The Reserve Bank of Australia (RBA) increased th…
In Q4 2022, Southport recorded a median house price of $880,000, and a median unit price of $535,000. This represents annual (Q4 2021 – Q4 2022) median price softening of -2.2% for houses and 10.3% p…
The reality of owning a house has decreased for many Australian households due to lower affordability and low supply. According to the Australian Bureau of Statistics, dwelling approvals have declin…
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