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
The Tannum Sands property market is embarking on a road of recovery, after a period of market softening over the past five years. Between 2017 and 2018 (Q1 2018) median price for houses increased by …
Tasmania achieved the silver award nationally for highest median weekly family income growth in the PRD Q2 2018 Key Market Data Indicator Awards. It is increasingly evident that 2018 marks a new era …
It was a clean sweep for Victoria, taking out 4 gold awards nationally, 2 silver and 1 bronze in the PRD Q2 2018 Key Market Indicator Awards. Property prices in Melbourne have increased exponentially…
The ACT has advanced to become one of the most affordable states in Australia, earning the gold award nationally for highest home loan affordability index and the silver award for most improved home …
South Australia achieved the gold award nationally for most improved unemployment rate in the PRD Q2 2018 Key Market Data Indicator Awards. If you are looking for a change in career or wanting to ent…
New South Wales has again earned the gold award nationally for most improved number of first home buyer loans in the PRD Q2 2018 Key Market Indicator Awards. For 2 consecutive quarters NSW has achiev…
Western Australia achieved 3 bronze awards nationally in PRD’s Q2 2018 Key Market Data Indicator Awards. For the second quarter running, WA earned the bronze awards nationally for both the highest ho…
The Northern Territory takes out 2 gold and 2 silver awards nationally in the PRD Q2 2018 Key Market Data Indicator Awards. The NT has improved the most in its home affordability loan index growth, r…
The PRD Q2 2018 Key Market Indicators provide a quick snapshot of the current state of affairs in Australia from both an economic and property perspective.
Queensland achieved 5 bronze awards nationally in the Q2 2018 PRD Key Market Data Indicator Awards. QLD has traditionally been known as the more affordable Australian state in terms of property price…