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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 2021, Macquarie Park (which throughout this report includes Macquarie Park, North Ryde, Epping, West Ryde, and Eastwood) recorded a median house price of $2,100,000 and a median unit price of $…
In Q2 2021, Albury recorded a median house price of $410,000, and a median vacant land price of $160,000. This represents annual (Q2 2020 – Q2 2021) median price growth of 22.0% for houses and 3.2% f…
In Q2 2021, Bungendore recorded a median house price of $815,000, and a median vacant land price of $389,000. This represents annual (Q2 2020 –Q2 2021) median price growth of 16.0% for houses and 21.…
In Q1 2021, Caboolture recorded a median house price of $400,000, and a median unit price of $290,000. This represents annual (Q1 2020 – Q1 2021) median price growth of 15.1% for houses and a signifi…
In Q1 2021, Mildura recorded a median house price of $350,000 and a median vacant land price of $185,000. This represents annual (Q1 2020 – Q1 2021) median price growth of 10.2% for houses and signif…
In Q1 2021, Bribie Island recorded a median house price of $579,000, and a median unit price of $384,000. This represents annual (Q1 2020 – Q1 2021) median price growth of 12.4% for houses and 9.1% f…
In Q1 2021, Tannum Sands recorded a median house price of $377,000, and a median unit price of $180,000. This represents annual (Q1 2020 – Q1 2021) median price growth of 10.9% for houses, however un…
In Q1 2021, Dapto recorded a median house price of $651,000, and a median unit price of $535,000. This represents annual (Q1 2020 – Q1 2021) median price growth of 6.7% for houses and 4.1% for units.…
In Q1 2021, Penrith recorded a median house price of $770,000, and a median unit price of $508,500. This represents annual (Q1 2020 – Q1 2021) median price growth of 9.2% for houses and 1.9% for unit…
In Q1 2021, Wagga Wagga recorded a median house price of $410,000, and a median unit price of $245,000. This represents annual (Q1 2020 – Q1 2021) median price growth of 9.3% for houses and of 2.5% f…
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