Ashmore Property Market Update 2nd Half 2024
Ashmore in Queensland offers a thriving property market with strong growth potential, making it an ideal location for homeowners and investors alike. The area also boasts a low vacancy rate and high …
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Different Markets. Different Gears: Australian Economic and Property Report 2024
PRD’s latest findings reveal every real estate market around Australia is in its own gear speed. Many markets saw a price recovery due to a stable cash rate since November 2023. However, economic con…
Stage 3 Tax Cuts: Will It Allow Greater Access to the Property Market?
From the Desk of the Chief Economist
Affordable and Liveable Property Guides 1st Half 2024
The PRD Affordable and Liveable Property Guides 1st Half 2024 are available for Brisbane, Sydney, Melbourne, and Hobart. These guides provide valuable insights into property trends and how current ec…
Roaring Regions - Top 10 Affordable Regional Areas 2024
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 t…
Ashmore Property Market Update 1st Half of 2024
In Q4 2023, Ashmore a median house price of $1,001,500, and a median unit price of $627,500. This represents annual (Q4 2022 – Q4 2023) growth of 13.2% for houses and 19.9% for units. On a quarterly …
Australian Economic and Property Report 2023
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 fa…
Affordable & Liveable Property Guides 2nd Half 2023
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 a…
Ashmore Property Market Update 2nd Half of 2023
In Q2 2023, Ashmore recorded a median house price of $900,000. This is an annual (Q2 2022 – Q2 2023) -10.9% softening, after a $1,010,500 peak at in Q2 2022. That said, on a quarterly basis (Q1 2023 …
Affordable & Liveable Rental Guide 2023
The Australian rental market has reached a point of severe stress, with many referring to current conditions as the "rental crisis". This report identifies key suburbs/areas in each capital city that…
