Your trusted source for the latest property insights across Australia.
The PRD Affordable and Liveable Property Guides 2nd half 2024 are available for Brisbane, Sydney, Melbourne, and Hobart. These guides provide valuable insights on property trends and how current economic conditions (including higher interest rates) have impacted the market, as well as the planned housing supply for 2024 onwards. For those looking …
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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 conditions and the ‘cost-of-living crisis’ have dampened savings, and a stable cash rate has created “sticky” buyers (those who are in the market but not…
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From the Desk of the Chief Economist
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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 the past 12 months (to the December quarter of 2023), the weighted average capital city Australian median house price grew by 5.3% to $$1,005,242, maki…
Continue reading >The PRD Property Search showcases property for sale and rent right across Australia. Find the latest homes for sale and search for Australian Real Estate.
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Visit >In Q2 2023, Burleigh Heads recorded a median house price of $1,367,500, and a median unit price of $821,000. This represents annual (Q2 2022 – Q2 2023) softening of -2.3% (houses) and -3.4% (units). …
In Q2 2023, Tallebudgera recorded a median house price of $1,790,000. This represents annual (Q2 2022 – Q2 2023) median price growth of 23.2% for houses. House sales increased between Q2 2022 – Q2 20…
In Q2 2023, Robina recorded a median house price of $1,120,000, and a median unit price of $722,500. This represents annual (Q2 2022 – Q2 2023) softening of -4.4% for houses and growth of 3.6% for un…
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In Q2 2023, Whitsundays, which in this report encapsulates postcode 4802, recorded a median house price of $660,000 and a median unit price of $339,000. Annually (Q2 2022 – Q2 2023) median price grew…
In Q2 2023, Hunter Valley* recorded a median house price of $703,000, and a median unit price of $525,000. This represents annual (Q2 2022 – Q1 2023) median price growth of 1.2% for houses and 15.0% …
In Q2 2023, Bremer Valley recorded a median house price of $560,000. This represents 7.7% on an annual (Q2 2022 – Q2 2023) basis and 13.1% growth on a quarterly basis (Q1 2023 – Q2 2023). House sales…
The 'PRD First Home Buyers Guide’ is designed to help you quickly understand what is on offer to first home buyers around Australia.
In Q2 2023, Tweed Coast recorded a median house price of $1,587,500, and a median unit price of $821,000. This represents annual (Q2 2022 – Q2 2023) softening of -9.3% for houses and -8.8% for units.…
In Q2 2023, Southport recorded a median house price of $980,000, and a median unit price of $560,000. This represents annual (Q2 2022 – Q2 2023) growth of 5.9% and 5.7% for houses and units respectiv…
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