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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…
In Q4 2023, Kyogle recorded a median house price of $468,000, and a median unit price of $235,000. This represents annual (Q4 2022 – Q4 2023) softening of -2.2% for houses and -2.1% for land. That sa…
In Q4 2023, Casino recorded a median house price of $440,000, and a median unit price of $327,000. This represents annual (Q4 2022 – Q4 2023) softening of -5.9% for houses and -13.1% for units. Inter…
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…
The latest research report from PRD
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…
In Q1 2023, Goonellabah* recorded a median house price of $621,250, and a median unit price of $573,000. This represents annual (Q1 2022 Q1 2023) softening of 15.0% for houses and a minor growth of 0…
In Q2 2023, Casino recorded a median house price of $417,750. This is an annual (Q2 2022 – Q2 2023) -6.1% median price softening. That said, on a quarterly basis (Q1 2023 – Q2 2023), median house pri…
In Q2 2023 Kyogle* recorded a median house price of $530,000 , representing a 3.1% annual softening (Q2 2022 Q2 2023). That said, on a quarterly basis (Q1 Q2 2023) median house price grew at a signif…
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…
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