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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Tweed Coast property market recorded a median house price of $845,000 and $560,000 for units in Q2 2018, which represented an annual (Q2 2017-Q2 2018) price change of 14.2% and 31.5% respectively. Co…
Over the past 12 months leading up to Q2 2018, the Tweed Heads market, which for this report captures the Tweed Shire Local Government Area (LGA), recorded a median price of $637,500 (house) and $412…
Coolangatta is located within 27 kilometres South of Surfers Paradise. According to ABS Census 2016, population growth was 14.6% over the past five years whilst the number of private dwellings only g…
Palm Beach median house price grew by 1.1% between Q2 2017-Q2 2018, recording $790,000 in Q2 2018. The unit market has turned into a buyer’s market with median prices softening by -14.4% to $430,000.…
The Creswick property market recorded a median house price of $320,000 and $130,000 for land in Q2 2018, which represented an annual price change of 4.6% and -7.1% respectively. Over the same period …
The Creswick property market recorded a median house price of $320,000 and $130,000 for land in Q2 2018, which represented an annual price change of 4.6% and -7.1% respectively. Over the same period …
Compared to the Richmond Valley Local Government Area, both houses and units can be secured at a more affordable price in the Casino property market. Annual (Q2 2017-Q2 2018) capital growth in Casino…
Compared to the Richmond Valley Local Government Area, both houses and units can be secured at a more affordable price in the Casino property market. Annual (Q2 2017-Q2 2018) capital growth in Casino…
The Surfers Paradise* unit market recorded a median price of $380,000 in Q2 2018, which represented an annual price change of -2.6%. Over the same period (Q2 2017 – Q2 2018), median unit prices in th…
The Runaway Bay Research Factsheet 2nd Half of 2018 encompasses of the aggregate market conditions in Runaway Bay, Biggera Waters, Coombabah, Hollywell and Paradise Point.