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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PRD Macquarie Park Property Update 1st Half of 2020
In Q4 2019, Macquarie Park* recorded a median house price of $1,685,000, and a median unit price of $865,000. This represents annual (Q4 2018 – Q4 2019) median price growth of 17.8% for houses and of…
PRD Macquarie Park Market Update 1st Half of 2020
In Q4 2019, Macquarie Park* recorded a median house price of $1,685,000, and a median unit price of $865,000. This represents annual (Q4 2018 – Q4 2019) median price growth of 17.8% for houses and of…
PRD Broome Property Update 1st Half of 2020
In the 2nd half of 2019 Broome recorded a median house price of $460,500 and median unit price of $310,000. This represents annual (2nd half 2018 – 2nd half 2019) median price softening of -0.4% for …
PRD Broome Market Update 1st Half of 2020
In the 2nd half of 2019 Broome recorded a median house price of $460,500 and median unit price of $310,000. This represents annual (2nd half 2018 – 2nd half 2019) median price softening of -0.4% for …
Tamworth Market Update 1st Half of 2020
In Q1 2020, Tamworth recorded a median house price of $380,000, and a median unit price of $292,250. This represents annual (Q1 2019 – Q1 2020) median price growth of 8.6% for houses and a of 25.7% f…
Beverly Hills Property Update 1st Half of 2020
Strong capital growth and an increase in market activity suggests now is the time to buy and sell in Beverly Hills.
Beverly Hills Market Update 1st Half of 2020
Strong capital growth and an increase in market activity suggests now is the time to buy and sell in Beverly Hills.
Ramsgate Beach Property Update 1st Half of 2020
A rapid increase in median house price growth paired with limited sales suggest a potential undersupply, thus now is an ideal time to sell in Ramsgate Beach.
PRD Ramsgate Beach Market Update 1st Half of 2020
A rapid increase in median house price growth paired with limited sales suggest a potential undersupply, thus now is an ideal time to sell in Ramsgate Beach.
