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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Latest Research
Inner-Brisbane Apartments Report 2019
The future development pipeline is a cause for concern for investors and owners alike, with fears that incorrect stock selection could compound price and cause oversupply issues, due to the increased…
Tumut Property Factsheet 2nd Half 2018
Average rental yield in Tumut is recorded at 6.7% for house and 6.4% for units, higher than the average rental yield in the Riverina Region (5.2% and 5.8% respectively) and notably higher than Sydney…
Tumut Research Factsheet 1at Half 2018
The Tumut property market recorded a median house price of $260,000 in Q4 2017, which showcases exponential growth over the past 12 months of 23.8%. This is above the Snowy Valley Council’s LGA annua…
Tumut Property Factsheet 1st Half 2017
Tumut is an investment hotbed as rental returns sit at 5.8% (houses) and 5.2% (units). Number of properties being rented have increased dramatically since 2016 while vacancy rates remain low at 1.2%.…
Tumut Research Factsheet 2nd Half of 2017
A range of exciting projects are commencing or in the works for Tumut, amounting to approximately $308.9M over the past three years., the majority of which are industrial developments.
Top 10 Affordable Major Regional Areas
Over the past 15 years to 2016, Tamworth has experienced an average annual growth rate of 6.6% for houses and 5.8% for units. In April 2017 Tamworth’s rental yield for all houses was situated at 5.3%…
Port Stephens Property Factsheet 2nd Half of 2018
The Port Stephens property market recorded a median house price of $671,000 and $470,000 for units in Q3 2018, which represents an annual (Q3 2017-Q3 2018) price growth of 10.0% and 14.1% respectivel…
