Hervey Bay Property Market Update 2nd Half 2024
Hervey Bay, offers a relaxed coastal lifestyle with stunning beaches and year-round perfect weather, making it an ideal place for outdoor enthusiasts. Additionally, it’s known for its affordable livi…
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Different Markets. Different Gears: Australian Economic and Property Report 2024
PRD’s latest findings reveal every real estate market around Australia is in its own gear speed. Many markets saw a price recovery due to a stable cash rate since November 2023. However, economic con…
Stage 3 Tax Cuts: Will It Allow Greater Access to the Property Market?
From the Desk of the Chief Economist
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…
Hervey Bay Property Market Update 1st Half of 2024
In Q1 2024 Hervey Bay recorded a median house price of $650,000 and a median unit price of $435,000. This represents annual (Q1 2023 – Q1 2024) price growth of 7.4% for houses and 3.6% for units. Dur…
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…
Hervey Bay Property Market Update 2nd Half of 2023
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…
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…
