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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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?
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Liverpool*, which in this report refers to the Liverpool Local Government Area (LGA), recorded a median price of $755,000 for house and $520,000 for units in Q1 2019. This represents an annual (Q1 20…
Buyers are flocking to the South East Queensland (SEQ) premium property market due to affordability, when compared to Sydney and Melbourne median prices. The SEQ premium property market shrunk in 201…
The Camden Haven property market continue to strengthen in 2019, with a median house price of $549,000 and median unit price of $432,500 in Q1 2019. This represents annual (Q1 2018 – Q1 2019) price g…
The Camden Haven property market continue to strengthen in 2019, with a median house price of $549,000 and median unit price of $432,500 in Q1 2019. This represents annual (Q1 2018 – Q1 2019) price g…
Lake Macquarie recorded a median house price of $652,850 in Q1 2019, which represented a relatively stable annual (Q1 2018 – Q1 2019) price growth. In contrast there has been a softening in median un…
Coffs Harbour recorded a median house price of $567,500 in Q1 2019, representing annual (Q1 2018 – Q1 2019) price growth of 6.6%. Compared to the Coffs Harbour Research Factsheet 2nd half 2018, which…
Coffs Harbour recorded a median house price of $567,500 in Q1 2019, representing annual (Q1 2018 – Q1 2019) price growth of 6.6%. Compared to the Coffs Harbour Research Factsheet 2nd half 2018, which…
Dapto recorded a median house price of $630,000 in Q1 2019, representing annual (Q1 2018 – Q1 2019) growth of 0.8%. In contrast the unit market has softened during this time, by -13.3% to $490,000. C…
Dapto recorded a median house price of $630,000 in Q1 2019, representing annual (Q1 2018 – Q1 2019) growth of 0.8%. In contrast the unit market has softened during this time, by -13.3% to $490,000. C…