PRD Tamworth

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PRD Tamworth

June 22, 2021, 6:03 a.m.

Tamworth Property Market Update 1st Half of 2021

In Q1 2021, Tamworth recorded a median house price of $385,000, and a median unit price of $221,250. This represents annual (Q1 2020 – Q1 2021) median price growth of 4.1% for houses and a price softening of -29.8% for units (noting the unit market is volatile due to its small size). Between Q1 2020 and Q1 2021 total sales in both markets increased, by 57.7% for houses (to 287 sales) and by 84.6% for units (to 24 sales). With the median house price on the rise amidst increasing sales numbers, now is the time to benefit and transact in Tamworth.

May 25, 2021, 1:09 p.m.

National Affordable & Liveable Property Guide 1st Half 2021

The PRD Affordable and Liveable Property Guides 1st Half 2021 are available for Brisbane, Sydney, Melbourne, and Hobart. These guides provide valuable insights and highlights of the market and report on many key indicators to create a holistic picture of property conditions in each capital city.

March 24, 2021, 5:27 a.m.

PRD Stand Out Regions | Top 10 Affordable Regional Areas 2021

There has been a high influx of first home buyers that have entered the property market in 2020, resulting in a growth of 50.4% between the December quarters of 2019 and 2020. This further boosted an already strong market with record low interest rates and increasingly lenient bank lending policies.

March 9, 2021, 1:39 a.m.

First Home Buyers’ Guide 2021

The ‘PRD First Home Buyers’ Guide 2021’ is designed to help you quickly understand what is on offer to first home buyers around Australia. With so many programs and grants available at the various State and Federal Government levels, and its various updates at any given time, it can be difficult to determine what is relevant to your personal situation. This guide helps you do just that.

Feb. 3, 2021, 11 a.m.

Major City Market Update 1st Half 2021

The PRD Major City Market Update 1st Half 2021 reports are available for Brisbane, Sydney, Melbourne, Hobart, Canberra, Perth, and Gold Coast. These reports provide key statistical information for first home buyers, investors, and the property industry.

Nov. 25, 2020, 6:19 a.m.

Affordable & Liveable Property Guide 2nd Half 2020 - Sydney

Median property prices in Sydney Metro increased by 7.2% for houses to $1,630,000 from 2019 to 20201 and increased by 3.2% to $795,000 for units during the same period. By comparison, from 2018 to 2019 the median house price in Sydney Metro softened by -4.2%, and the median unit price softened by -3.5%. Sydney Metro’s median price growth is in contrast with COVID-19 predictions, which solidifies its market strength.

Nov. 17, 2020, 2:05 a.m.

Tamworth Property Update 2nd Half of 2020

In Q3 2020, Tamworth recorded a median house price of $350,000, and a median unit price of $270,000. This represents annual (Q3 2019 – Q3 2020) median price growth of 2.9% for houses and 18.7% for units. Between Q3 2019 – Q3 2020 total sales increased, by 38.9% for houses (to 282 sales) and by 110.0% for units (to 21 sales). Median price growth and increased sales activity suggest real capital growth in the area, in contrast to general COVID-19 predictions. This indicates high market resilience in Tamworth, thus creating an ideal market for real estate transactions.

Oct. 21, 2020, 4:26 a.m.

Shared Living Preferences Of Older Australians

Living alone is a significant contributor to general loneliness, particularly in the older community as it becomes more difficult to maintain a social circle. It is recognised that one in four Australians are lonely; especially widowed, divorced, or single individuals (APS, 2018).

Sept. 9, 2020, 12:15 a.m.

First Home Buyers' Guide 2020

The PRD First Home Buyers’ Guide is designed to help you quickly understand what is on offer to first home buyers around Australia. With so many programs and grants available at the various State and Federal Government levels, it can be difficult to know where to turn to learn what is relevant to your personal situation. This guide helps you do just that.

July 29, 2020, 4:03 a.m.

Australia Economic and Property Report 2020

Australia’s property market has managed to hold its value despite the doom and gloom predictions of what the COVID-19 shutdown would do to property prices. The latest PRD research report, ‘PRD Australian Economic and Property Report 2020’, reveals that on average, median house prices grew in capital city, metropolitan and regional markets in the 12 months to the first half of 2020.