Hobart Property Market Update 2nd Half 2023
In Q2 2023, Hobart (which in this report encapsulates Hobart Local Council) recorded a median house price of $949,000 and a median unit price of $633,850. This represents annual (Q2 2022 – Q2 2023) s…
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Glenorchy Property Market Update 2nd Half 2023
In Q2 2023, Glenorchy (which in this report encapsulates Glenorchy Local Council), recorded a median house price of $600,000 and a median unit price of $462,500. This represents annual (Q2 2022 – Q2 …
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…
Alternative Solutions: Solving the Housing Supply Issue
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…
Brighton Property Market Update 1st Half 2023
In Q4 2022, Brighton recorded a median house price of $542,500. This is an annual (Q4 2021 – Q4 2022) median price softening of -0.9%. On a quarter-by-quarter basis (Q3 2022 – Q4 2022), median price …
Clarence Property Market Update 1st Half 2023
In Q4 2022, Clarence recorded a median house price of $785,000, and a median unit price of $665,000. This represents annual (Q4 2021 – Q4 2022) median price growth of 0.6% for houses and 13.7% for un…
Derwent Valley Property Market Update 1st Half 2023
In Q3 2022, Derwent Valley recorded a median house price of $477,500. This is an annual (Q4 2021 – Q4 2022) median price growth of 3.0%. That said, on a quarter-by-quarter basis (Q3 2022 – Q4 2022), …
