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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Consumer confidence is positive at 101.3 index points. Home loan affordability index has decreased by 2.5%, prompting the RBA to keep the cash rate at a steady 2.0% for 10 months running.
Q4 2015 sees the return of positive consumer confidence, at 101.7 index points. Supported by decreasing unemployment rates and a stable cash rate, this is a conducive environment for the property mar…
2015 proves to be the year of many firsts in Australias economic and property market, resulting in a residential rollercoaster that highlights our up and down journey. Find out what each twist and tu…
Brisbane property market has welcomed an increase in international and interstate investors, as it records the highest investment yields in comparison to other major metropolitan markets.
Brisbane property growth and capital return is currently climbing at a steady rate. With its lower entry price than Sydney and commitment to infrastructure projects, it is attracting a new wave of in…
Sydney pushes for more new lands and strategic inner-city rezoning, to accommodate for increasing local and overseas investor appetite; as well as mitigate affordability woes.
Australian home loan affordability has seen a slight improvement in Q2 2015, reflective of decreasing and stable interest rates. This report provides quick quarterly update on key national and state-…
2.50% increase in regional market growth instils heightened confidence as we step into 2015 and beyond. Find out why there is a two-paced market in Australias economy and property.
Consumer confidence has increased to positive levels. This report provides quick quarterly update on key national and state-level macroeconomic indicators.
With a budget of $1M one can afford approx. 49% of Sydney Metro suburbs. However with $500-$500k budget one can only afford 5.4-10%. Without doubt Sydney property market is getting hotter.