Affordable & Liveable Property Guides 2nd Half 2023
Nov. 24, 2023, 12:05 a.m.
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 and how current economic conditions (including cash rate hikes) have impacted the market, as well as future developments for the next 6 months. For tho…
Continue reading >
Australian Economic and Property Report 2023
Dec. 6, 2023, 4:10 p.m.
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 facets of life. How does this impact the property market for the rest of 2023 and early 2024? And is the cash rate the only issue?
Continue reading >
Tumbarumba Property Market Update 2nd Half 2023
Oct. 3, 2023, 10:15 p.m.
In 1H 2023, Tumbarumba recorded a median house price of $370,000 and a median vacant land price of $308,930. This is an annual (1H 2022 – 1H 2023) price growth of 10.4% for houses and a significant increase for vacant land. Total sales declined between 1H 2022 – 1H 2023, by -51.6% (to 15 sales) for houses and -82.8% (to 4 sales) for vacant land. T…
Continue reading >
Tumbarumba Property Market Update 1st Half 2024
March 28, 2024, 10:28 a.m.
In the 2nd half 2023, Tumbarumba recorded a median house price of $492,500, and a median land price of $90,000. This represents annual (2H 2022 – 2H 2023) median price growth of 49.2% for houses and a price softening of -48.7% for vacant land Total sales declined between 2H 2022 – 2H 2023, by -29% (to 20 sales) for houses, and only 3 land sales we…
Continue reading >