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In Q3 2023, Hervey Bay recorded a median house price of $618,000, and a median unit price of $444,500. This represents annual (Q3 2022 – Q3 2023) growth of 3.0% for houses and 6.5% for units. On a qu…
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…
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…
In Q1 2023, Hervey Bay recorded a median house price of $608,750, and a median unit price of $419,000. This represents annual (Q1 2022 – Q1 2023) median price growth of 1.5% for houses and 7.4% for u…
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…
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…
The reality of owning a house has decreased for many Australian households due to lower affordability and low supply. According to the Australian Bureau of Statistics, dwelling approvals have declin…
The PRD Affordable and Liveable Property Guides 2nd Half 2022 are available for Brisbane, Sydney, Melbourne, and Hobart. These guides provide valuable insights of the market and report on many key in…
In Q3 2022, Hervey Bay recorded a median house price of $599,500, and a median unit price of $387,500. This represents annual (Q3 2021 – Q3 2022) median price growth of 19.9% for houses and 25.0% for…
Australia plans to become a net zero emissions country by 2050. If achieved, we will become a leading nation in sustainability and renewable energy. To what extent does the addition of renewable ener…
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