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PRD Real Estate - Your Home Of Property Research Knowledge
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.
April 6, 2021, 1:53 a.m.
Toowoomba Property Market Update 1st Half of 2021
In Q4 2020, Toowoomba recorded a median house price of $420,000, and a median unit price of $319,000. This represents annual (Q4 2019 – Q4 2020) median price growth of 5.8% for houses and 6.3% for units. Between Q4 2019 – Q4 2020 house sales increased, by 11.5% (to 659 sales). Unit sales also increased, by 35.4% (to 172 sales). The Toowoomba property market is on a post COVID-19 recovery trajectory, due to an increase in demand in regional areas. Price growth combined with increased sales suggest a real return on capital investment.
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.
Nov. 25, 2020, 6:49 a.m.
Affordable & Liveable Property Guide 2nd Half 2020 - Brisbane
Median property prices in Brisbane Metro increased by 4.3% for houses to $678,000 from 2019 to 20201 and softened by -1.1% to $435,000 for units during the same period. Limited stock and high demand have supported median price growth for houses, showing resilience throughout COVID-19. A softer median unit price is expected, particularly due to the leftover oversupply from late 2016 to 2017.
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.
Sept. 4, 2020, 1:31 a.m.
Toowoomba Property Update 2nd Half of 2020
Toowoomba recorded a median house price of $390,000 and a median unit price of $303,000 in Q2 2020. Annual (Q2 2019 – Q2 2020) median house price softened by -2.5%, however median unit price grew by 9.7%. In Q2 2019 - Q2 2020 total sales declined, by -9.3% for house (to 456 sales) and by -28.0% for units (to 72 sales). A decline in demand was expected due to COVID-19. However, a slight cooling in median house price and an increase for units indicates a resilient market. With a slightly more affordable house market and less competition, now is an ideal time to enter the market.
Sept. 4, 2020, 1:23 a.m.
Toowoomba Property Update 1st Half 2020
Toowoomba recorded a median house price of $398,000 and a median unit price of $275,000 in Q4 2019. This represents annual (Q4 2018 – Q4 2019) median price growth of 0.5% for houses and a softening of -8.3% for units. Between Q4 2018 – Q4 2019 total sales declined, by -9.2% for houses (to 524 sales) and by -10.6% for units (to 110 sales). There is potential undersupply in the house market, as less sales are returning capital growth. Now is an ideal time for first home buyers as there is less competition in the market.
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.