Hobart Property Market Update 2nd Half 2024
Hobart offers a stunning natural environment with easy access to both beaches and mountains, making it perfect for outdoor enthusiasts. Additionally, the city boasts a vibrant arts and culture scene,…
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Brighton Property Market Update 2nd Half 2024
Brighton is a suburb located about 27 km north of Hobart, Tasmania. It is known for its rich history and its rural heritage. Brighton contains many modern amenities whilst still retaining it old worl…
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…
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…
Hobart Property Market Update 1st Half 2024
In Q4 2023, Hobart recorded a median house price of $930,000, and a median unit price of $645,000. This represents annual (Q4 2022 – Q4 2023) slight price softening of -4.9% for houses and -1.1% for …
Glenorchy Property Market Update 1st Half 2024
In Q4 2023, Glenorchy recorded a median house price of $582,000, and a median unit price of $445,000. This represents annual (Q4 2022 – Q4 2023) median price softening of -2.2% for houses and -5.3% f…
Derwent Valley Property Market Update 1st Half 2024
In Q4 2023, Derwent Valley recorded a median house price of $461,000, and a median vacant land price of $195,000. This represents annual (Q4 2022 – Q4 2023) median price growth of 7.2% for houses and…
Clarence Property Market Update 1st Half 2024
In Q4 2023, Clarence recorded a median house price of $720,000, and a median unit price of $570,000. This represents annual (Q4 2022 – Q4 2023) median price softening of -5.9% for houses and -8.1% fo…
