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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PRD’s Australian Economic and Property Report 2017 is a comprehensive and important resource for those wanting to keep up to date on evolving key economic and property market trends.
The Dapto property market has performed exceptionally well due to the continuing implementation of a masterplan for the West Dapto area, resulting in land releases being snapped up very quickly.
The PRD Sydney hotspots report analyses all suburbs within the Greater City of Sydney region. It provides valuable insight and highlights for the market, reporting on a number of key indicators to cr…
The PRD Q2 2017 Key Economic Indicators provide consumers with a quick snapshot of the current state of affairs from an economic and property perspective. The PRD Key Economic Indicators cover both n…
Found a home you would like to buy or even that block of land to build your dream home, but haven’t sold your existing home yet? Bridging finance is a way that you are able to cover the funds that ar…
Are you thinking of investing in Queensland? As the Commonwealth Games draw closer, its impact on the property market in the surrounding areas is becoming more visible. PRD’s Residential Property Imp…
PRD's Commonwealth Games Property Impact Report investigates the impact of the 2018 Games on Gold Coast's residential property market.
Lowest ever interest rates (1.5% cash rate), positive consumer sentiment, improving home loan affordability, and lowest unemployment rate since October 2013 provide a stable basis for the current nat…
PRD's Australian Economic and Property Report highlights trends across 2016.
Consumer confidence is positive at 103.2 index points in May, an 8.5% increase from April 2016. This is the highest level since January 2014, which coincides with the RBA cutting cash rates to 1.75%.