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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The Junee property market has continued to strengthen over the past twelve months to the 1st half of 2018, benefitting current home owners and investors with higher capital growth. The median house p…
Compared to the wider Kyogle Local Government Area (LGA), houses are secured at a premium price in the Kyogle property market, and with stronger annual growth. This is good news for owner-occupiers a…
Toowoomba, particularly postcode 4350/4352, is a lucrative investment option to Brisbane Metro. Now is the time for owner-occupiers and first-time investors to secure their dream property in this aff…
Toowoomba, particularly postcode 4350/4352, is a lucrative investment option to Brisbane Metro. Now is the time for owner-occupiers and first-time investors to secure their dream property in this aff…
The Ashmore property market record has proven to have a higher annual capital price growth when compared to the Gold Coast City Local Government Area (LGA) in Q2 2018, which suggests that those looki…
The Ashmore property market record has proven to have a higher annual capital price growth when compared to the Gold Coast City Local Government Area (LGA) in Q2 2018, which suggests that those looki…
The Southport property market recorded a median price of $582,000 for houses and $362,000 for units in Q2 2018, which represents an annual price change of 3.9% and -4.7%. Compared to Southport 1st ha…
The Southport property market recorded a median price of $582,000 for houses and $362,000 for units in Q2 2018, which represents an annual price change of 3.9% and -4.7%. Compared to Southport 1st ha…
The Glenorchy property market has grown from strength to strength over the past 12 months to Q2 2018. Compared to the Glenorchy Local Government Area (LGA), houses in the Glenorchy property market c…