Stage 3 Tax Cuts: Will It Allow Greater Access to the Property Market?
June 27, 2024, midnightFrom the Desk of the Chief Economist
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From the Desk of the Chief Economist
Continue reading >In Q1 2024, Dapto recorded a median house price of $821,500, and a median unit price of $645,000. This represents annual (Q1 2023 – Q1 2024) median price growth of 2.7% for houses and 4.9% for units. During this time total sales increased, by 38.1% (to 145 sales) for houses and by (70.6%) for units to 29 sales. Confidence has returned to Dapto, wi…
Continue reading >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 economic conditions (including higher interest rates) have impacted the market, as well as future developments for 2024. For those looking for more affo…
Continue reading >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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The St Leonards unit market is currently witnessing strong demand evident in the low days on market and strong median price growth.
The Chatswood property market witnessed high annual growth and favourable conditions throughout 2014, which is expected to continue throughout 2015 and beyond.
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South East Queensland experienced positive property price growth in 2014; despite a soft decline in transaction volume. Read further to discover predicted 2015 hotspot areas in Brisbane, Sunshine Coa…
The Camden Haven property market is seeing lower average days on market and less vendor discounting suggesting a strengthening market.
The Gosford regions property market has witnessed strong growth over the past 12 months with median house prices jumping 14.9%.
How has the property market reacted post-Federal Budget 2014 introduction? Includes a property clock for each capital city, metropolitan, and regional are in each state.
Wagga Waggas property market is currently in a stable condition however a strong development pipeline and continual demand should help fuel price growth in 2015.
The Chifley property market has seen a strong uptick recently and has scope for further growth moving forward.
The Matraville property market has been experiencing a growth cycle which commenced in 2012. Over the 12 months to June 2014 houses in the area recorded a rise in median prices of over 20%.