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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 >Median property prices in Brisbane Metro increased by 11.5% for houses to $725,000 from Q1 2020 to Q1 20211, and by 0.2% for units at $455,000. Across the same period, total sales in Brisbane Metro i…
The PRD Affordable and Liveable Property Guides 1st Half 2021 are available for Brisbane, Sydney, Melbourne, and Hobart. These guides provide valuable insights and highlights of the market and report…
In Q4 2020, Casino recorded a median house price of $315,000, and a median unit price of $187,000. This represents annual (Q4 2019 – Q4 2020) median price growth of 13.3% for houses, however a -11.3%…
There has been a high influx of first home buyers that have entered the property market in 2020, resulting in a growth of 50.4% between the December quarters of 2019 and 2020. This further boosted an…
The ‘PRD First Home Buyers’ Guide 2021’ is designed to help you quickly understand what is on offer to first home buyers around Australia. With so many programs and grants available at the various S…
In Q4 2020, Coolangatta* recorded a median house price of $720,000, and a median unit price of $482,000. This represents annual (Q4 2019 – Q4 2020) median price growth of 7.5% for houses and 8.4% for…
In Q4 2020, Tweed Heads recorded a median house price of $738,000, and a median unit price of $500,000. This represents annual (Q4 2019 – Q4 2020) median price growth of 7.8% for houses and 8.1% for …
In Q4 2020, the Upper Hunter recorded a median house price of $350,625, and a median unit price of $223,500. This represents annual (Q4 2019 – Q4 2020) median price growth of 6.3% for houses and a pr…
In Q4 2020, Ashmore recorded a median house price of $652,000, and a median unit price of $405,000. This represents annual (Q4 2019 – Q4 2020) median price growth of 2.9% for houses and 15.7% for uni…
of $750,000. This represents annual (Q4 2019 – Q4 2020) median price growth of 6.7% for houses and In Q4 2020, Macquarie Park recorded a median house price of $1,800,000, and a median unit price a pr…
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