Research Hub

Broome Property Market Update 1st Half 2025

Broome is a picturesque town located in the stunning Kimberley region of Western Australia and is a costal gem known for its breathtaking natural beauty and rich history. With its unique blend of cul…

Affordable and Liveable Property Guides 2nd Half 2024

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…

Broome Property Market Update 2nd Half 2024

Broome offers a unique blend of stunning natural beauty with its iconic Cable Beach and rich cultural heritage, providing a vibrant and diverse community. Its tropical climate and relaxed lifestyle m…

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…

Broome Property Market Update 1st Half of 2024

In Q4 2023, Broome recorded a median house price of $685,000, and a median unit price of $390,000. This represents annual (Q4 2022 – Q4 2023) growth of 3.0% for houses and a minor softening of -2.5% …

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…