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More Videos by PRDnationwide
Nov. 11, 2019, 6:11 a.m.
Q4 2019 Key Market Indicators – New South Wales
New South Wales (NSW) recorded a home loan affordability index reading of 26.9 points, which represents a 2.3% improvement in the 12 months to the June quarter of 2019. Although this is below the Australian average growth of 3.5% during the same period, it is above traditionally affordable states such as Queensland (QLD), South Australia, and Tasmania (TAS)
Sept. 3, 2019, 4:56 a.m.
Metro Strata Report 2019
With the state of residential strata development currently a hot topic nationally, it is important to gain an overall understanding of each Capital City Metro market’s development pipeline. The PRDnationwide Strata Development Pipeline Capital City Metro Areas September 2019 aims to provide a high-level view of total, proceeding, and deferred/abandoned strata developments, both in terms of number of projects and number of units/apartments planned for the market, between 2018-2020.
Aug. 28, 2019, 6:33 a.m.
Q3 2019 Key Market Indicators – New South Wales
ew South Wales (NSW) continues to offer increasingly affordable opportunities in its property market, with its home loan affordability index at 28.3 points in the March quarter of 2019.
June 27, 2019, 6:34 a.m.
Sydney - Affordable & Liveable Property Guide 1st Half 2019
Between 2017 and 2018, Sydney Metro median house prices have softened by -5.6%, whilst units have softened by -2.5%. Affordable options can be found in Sydney’s South Western suburbs.
May 29, 2019, 12:04 a.m.
Central Coast Postcode 2259 and 2261 Property Factsheet 1st Half 2019
Over the past 12 months to Q4 2018, the Central Coast area, particularly that of postcodes 2259 and 2261 recorded a median house price of $600,000. This reflected an annual (Q4 2017 – Q4 2018) softening of -3.2%. Median unit price slightly decreased, by -1.3% to $430,000 during this time frame. By comparison the Central Coast 2nd half 2018 Research Factsheet reported a 4.7% median price growth for house and stable growth for units between Q3 2017-Q3 2018. The Central Coast property market has become more affordable.
May 28, 2019, 11:55 p.m.
Postcodes 2264 and 2265 Property Factsheet 1st Half of 2019
The property market in postcodes 2264 and 2265 recorded a median house price of $545,000 in Q4 2018. This reflected an annual (Q4 2017 – Q4 2018) median price softening of -5.2%. On the other hand, the median unit price strengthened during this timeframe, by 1.7% to $390,000. By comparison the Postcodes 2264 and 2265 2nd half 2018 Research Factsheet reported a 6.4% median price growth for house and 8.2% for units between Q3 2017-Q3 2018. This suggests properties in postcodes 2264 and 2265 is now more affordable
May 20, 2019, 6:37 a.m.
Q2 2019 Key Market Indicators – New South Wales
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 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.