Stage 3 Tax Cuts: Will It Allow Greater Access to the Property Market?
June 27, 2024, midnightFrom the Desk of the Chief Economist
Continue reading >Your home for the latest property insights.
From the Desk of the Chief Economist
Continue reading >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…
Continue reading >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 >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?
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.
Visit >At PRD, our franchise offices are independently owned and operated businesses. Send an Enquiry to contact your local PRD Real Estate Office.
Visit >Create an account with PRD and access our full research archive and receive the latest reports directly to your email
PRD Penrith Property Market Update 1st Half of 2020 In Q1 2020, Penrith recorded a median house price of $700,000, and a median unit price of $480,000. This represents annual (Q1 2019 – Q1 2020) medi…
In Q1 2020, Lismore recorded a median house price of $422,000, and a median unit price of $325,000. This represents annual (Q1 2019 – Q1 2020) median price growth of 8.3% for houses and 21.5% for uni…
In Q1 2020, Lismore recorded a median house price of $422,000, and a median unit price of $325,000. This represents annual (Q1 2019 – Q1 2020) median price growth of 8.3% for houses and 21.5% for uni…
The Australian property market is made up of many ‘micro markets’, each performing at its own individual pace dependent upon demographics, population growth, economic structure and fundamentals, and …
Palm Beach recorded a median house price of $907,000 and a median unit price of $552,000 in Q4 2019. This represents annual (Q4 2018 – Q4 2019) median price growth of 6.5% for houses and 14.7% for un…
In the 2nd half of 2019, Tumbarumba recorded a median house price of $189,000, and a median vacant land price of $47,500. This represents an annual (2nd half of 2018 – 2nd half of 2019) median price …
In the 2nd half of 2019, Tumbarumba recorded a median house price of $189,000, and a median vacant land price of $47,500. This represents an annual (2nd half of 2018 – 2nd half of 2019) median price …
COVID-19 is, without a doubt, a disruption and game-changer at the same time. There are many uncertainties at present, and quite a few “doom and gloom” stories on a collapsing economy and being on th…
The perceived trend of millennials prioritising lifestyle experiences (such as buying smashed avocado on toast), over home ownership aspirations prompted a deeper look into this claim.
Robina recorded a median house price of $740,000 and a median unit price of $465,000 in Q4 2019. This represents annual (Q4 2018 – Q4 2019) median price growth of 9.4% for houses and 3.3% for units. …