PRD Property Market Update
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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…
Affordable & Liveable Property Guides 1st Half 2023
The PRD Affordable and Liveable Property Guides 1st Half 2023 are available for Brisbane, Sydney, Melbourne, Hobart, Gold Coast, Perth and Adelaide. These guides provide valuable insights on property…
Ramsgate Beach Property Market Update 1st Half 2023
In Q1 2023, Ramsgate Beach recorded a median house price of $1,700,000, and a median unit price of $697,000. This represents annual (Q1 2022 – Q1 2023) softening of -23.4% for houses and -1.4% for un…
Kingsgrove Property Market Update 1st Half 2023
In Q1 2023, Kingsgrove recorded a median house price of $1,475,000, and a median unit price of $666,000. This represents annual (Q1 2022 – Q1 2023) median price softening of -6.3% for houses and a me…
Bexley North Property Market Update 1st Half 2023
In Q1 2023, Bexley North recorded a median house price of $1,485,000, and a median unit price of $670,000. This represents annual (Q1 2022 – Q1 2023) median price softening of -7.2% for houses and -1…
PRD Beverly Hills Property Market Update 1st Half 2023
In Q1 2023, Beverly Hills recorded a median house price of $1,277,000, and a median unit price of $712,000. This represents annual (Q1 2022 – Q1 2023) median price softening of -12.6% for houses and …
From the Desk of the Chief Economist- Federal Budget 2023 and RBA May Statement of Monetary Policy: What's Next for Australia?
On Friday 5th May the Reserve Bank of Australia handed down its May Statement of Monetary Policy 2023, discussing the state of the economy after 11 cash rate hikes. This is followed by the Federal G…
Roaring Regions - Top 10 Affordable Regional Areas 2023
The beginning of 2023 has marked an uncertain time for property buyers, with many monitoring cash rate movements and its impact on the housing market. The Reserve Bank of Australia (RBA) increased th…
Alternative Solutions: Solving the Housing Supply Issue
The reality of owning a house has decreased for many Australian households due to lower affordability and low supply. According to the Australian Bureau of Statistics, dwelling approvals have declin…
