Stage 3 Tax Cuts: Will It Allow Greater Access to the Property Market?
June 27, 2024, midnightFrom the Desk of the Chief Economist
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Affordable and Liveable Property Guides 1st Half 2024
June 5, 2024, 5:23 p.m.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 economic conditions (including higher interest rates) have impacted the market, as well as future developments for 2024. For those looking for more affo…
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Roaring Regions - Top 10 Affordable Regional Areas 2024
March 28, 2024, 5:17 p.m.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…
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Australian Economic and Property Report 2023
Dec. 6, 2023, 4:10 p.m.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 facets of life. How does this impact the property market for the rest of 2023 and early 2024? And is the cash rate the only issue?
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Broome Property Market Update 2nd Half of 2020
In the 1st half of 2020, Broome recorded a median house price of $435,000, and a median unit price of $253,750. This represents annual (H1 2019 – H1 2020) median price softening of -3.3% for houses a…
Beverly Hills Property Update 2nd Half of 2020
In Q2 2020, Beverly Hills recorded a median house price of $1,217,500, and a median unit price of $756,500. This represents strong annual (Q2 2019 – Q2 2020) median price growth of 25.2% for houses a…
Beverly Hills Property Market Update 2nd Half of 2020
In Q2 2020, Beverly Hills recorded a median house price of $1,217,500, and a median unit price of $756,500. This represents strong annual (Q2 2019 – Q2 2020) median price growth of 25.2% for houses a…
Burleigh Heads Property Market Update 2nd Half of 2020
Burleigh Heads recorded a median house price of $785,000 and a median unit price of $490,000 in Q2 2020. This represents annual (Q2 2019 – Q2 2020) median price growth of 0.6% for houses, and stable …
Tannum Sands Property Update 1st Half of 2020
In Q1 2020, Tannum Sands recorded a median house price of $341,000, and median unit price of $205,000. This represents annual (Q1 2019 – Q1 2020) median price growth of 8.3% for houses, and slight so…
Tannum Sands Property Market Update 1st Half of 2020
In Q1 2020, Tannum Sands recorded a median house price of $341,000, and median unit price of $205,000. This represents annual (Q1 2019 – Q1 2020) median price growth of 8.3% for houses, and slight so…
Nundah Property Update 1st Half of 2020
In Q1 2020, Nundah recorded a median house price of $793,000, and median unit price of $365,000. This represents annual (Q1 2019 – Q1 2020) median price growth of 3.0% for houses and a softening of -…
Nundah Property Market Update 1st Half of 2020
In Q1 2020, Nundah recorded a median house price of $793,000, and median unit price of $365,000. This represents annual (Q1 2019 – Q1 2020) median price growth of 3.0% for houses and a softening of -…
Wagga Wagga Property Market Update 1st Half of 2020
In Q1 2020, Wagga Wagga recorded a median house price of $371,500, and a median unit price of $271,750. This represents annual (Q1 2019 – Q1 2020) median price growth of 0.8% for houses and a very sl…
