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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Glenmore Park Property Market Update 1st Half 2024
June 19, 2024, 4:38 p.m.In Q1 2024, Glenmore Park recorded a median house price of $1,158,000, and a median unit price of $780,000. This represents annual (Q1 2023 – Q1 2024) median price growth of 15.8% for houses and of 8.3% for units. Total house sales increased between Q1 2023 – Q1 2024, by 5.7% to 92 sales, however declined by -16.7% for units, to 10 sales. With a s…
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Affordable and Liveable Property Guides 1st Half 2024
June 5, 2024, 5:23 p.m.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…
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Roaring Regions - Top 10 Affordable Regional Areas 2024
March 28, 2024, 5:17 p.m.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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Stage 3 Tax Cuts: Will It Allow Greater Access to the Property Market?
From the Desk of the Chief Economist
Glenmore Park Property Market Update 1st Half 2024
In Q1 2024, Glenmore Park recorded a median house price of $1,158,000, and a median unit price of $780,000. This represents annual (Q1 2023 – Q1 2024) median price growth of 15.8% for houses and of 8…
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…
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…
Affordable & Liveable Rental Guide 2023
The Australian rental market has reached a point of severe stress, with many referring to current conditions as the "rental crisis". This report identifies key suburbs/areas in each capital city that…
Affordable & Liveable Property Guides 1st Half 2023
The PRD Affordable and Liveable Property Guides 1st Half 2023 are available for Brisbane, Sydney, Melbourne, Hobart, Gold Coast, Perth and Adelaide. These guides provide valuable insights on property…
From the Desk of the Chief Economist- Federal Budget 2023 and RBA May Statement of Monetary Policy: What's Next for Australia?
On Friday 5th May the Reserve Bank of Australia handed down its May Statement of Monetary Policy 2023, discussing the state of the economy after 11 cash rate hikes. This is followed by the Federal G…
Roaring Regions - Top 10 Affordable Regional Areas 2023
The beginning of 2023 has marked an uncertain time for property buyers, with many monitoring cash rate movements and its impact on the housing market. The Reserve Bank of Australia (RBA) increased th…
