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 following Property Watch report is the result of an investigation into the historic and current market trends of Perth, Western Australia.
The following are economic and property market indicators for Victoria.
The following are economic and property market for Western Australia.
Hunter Valley has seen subdued growth recently however a strong development pipeline and a strong yield make it ideal for investors
The Kogarah property market has shot up over the past 12 months with median house prices now sitting well above a million dollars.
The Bexley and Bexley North property markets have been in a period of strong growth with houses in the area recording a rise in median house prices of 23.3% over the past 12 months.
The Kingsgrove market has been bullish over the first half of 2014. On average dwellings are now selling for 5.9% over list price and take only 36 days to sell.
Oatley is currently in a bullish growth phase. Median house prices have grown 18.6% over the past 12 months while units have risen 8.3 per cent.
The Coffs Harbour market has seen a strong recovery over the past twelve months thanks to increased demand from buyers and good investment opportunities.
Current indicators suggest that the Tumut market is in a stable condition thanks to a diverse economy and strong rental yield.