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The Blue Mountains area of New South Wales is a stunning picturesque area about 60 kilometres west of Sydney CBD. Known for its dramatic cliffs and breathtaking views it is a haven for outdoor enthus…
PRD's Australian Economic and Property Update for the 1st half of 2025. 2025 is shaping up to be an exciting year in residential real estate, with our first rate cut in February 2025 (and possibly mo…
The PRD Affordable and Liveable Property Guides 2nd half 2024 are available for Brisbane, Sydney, Melbourne, and Hobart. These guides provide valuable insights on property trends and how current econ…
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…
Blue Mountains, offers a relaxing atmosphere with clean air, spectacular flora, and a comfortable, temperate climate. Each town in the region is rich in history, culture, and community spirit, making…
From the Desk of the Chief Economist
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…
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…
In Q4 2023, Blue Mountains recorded a median house price of $864,500, and a median unit price of $675,000. This represents annual (Q4 2022 – Q4 2023) growth of 0.5% for houses and 4.2% for units. Dur…
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…
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