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Australia’s property market has proven to be quite unpredictable in the past 24 months. ‘Doom and gloom’ were predicted throughout COVID-19, yet the market flourished. Now, 2022 sees markets within markets, moving in different directions and speeds.
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The PRD First Home Buyers’ Guide 2022 is designed to help you quickly understand what is on offer to first home buyers in Australia.
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As of the December quarter of 2023, housing affordability in New South Wales, Victoria, South Australia, Tasmania, and the Australian Capital Territory have been all at their lowest in 20 years. In the past 12 months (to the December quarter of 2023), the weighted average capital city Australian median house price grew by 5.3% to $$1,005,242, maki…
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In Q4 2023, Whitsundays recorded a median house price of $750,000, and a median unit price of $345,000. This represents an annual (Q4 2022 – Q4 2023) price growth of 14.1% for houses and 4.1% for units. That said on a quarterly basis (Q3 – Q4 2023), median house price grew by 1.0% and median unit price softened by -12.7%. In the 12 months to Q4 20…
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The Whitsunday Area property market has undergone a period of steady recovery over the past few years following the Global Financial Crisis. Sales activity in the house and vacant land markets has be…
Whitsunday Vacant Land Graph
Whitsunday Unit Graph
The Whitsunday property market experienced a bull run between 2002 to 2007, with median price values surging to new highs towards the end of this period. After the event of the Global Financial Crisi…
Sales activity in the Whitsunday Area unit market is slowly recovering after experiencing a volatile period post-GFC. With significant built unit supply already in the market, it can be expected that…
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