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 Panania property market has continued to show positive capital growth over the past 12 months (Q1 2017-Q1 2018), however at a more sustainable rate when compared to 2nd half 2017 research report.
The Dapto market is showing signs of great promise in 2018, with Q1 2018 median house price recorded at $645,000 and median unit price of $570,000. This represents an annual price change of 12.2% and…
The Dapto market is showing signs of great promise in 2018, with Q1 2018 median house price recorded at $645,000 and median unit price of $570,000. This represents an annual price change of 12.2% and…
Burleigh Heads recorded a median house price of $896,450 and $439,790 for units in Q1 2018, which represents an annual price change of 8.7% and -1.7% respectively. Compared to Gold Coast City Local G…
The PRD ‘Ready, Set, GO Regional 2018’ report is a timely ‘go to’ guide for home buyers and investors on affordable options in regional areas. The report highlights regional areas in Queensland, Vict…
Over the past 15 years to 2016, the Fraser Coast Regional Council has experienced an average annual growth rate of 7.2% for houses and 8.8% for units. Over this period, land saw a respective average …
The Bexley North property market recorded a median house price of $1,200,000 in Q2 2018, representing an annual price change of -9.8% (Q2 2017 – Q2 2018). Similarly, house prices in The Bayside Counc…
The Oatley house market has grown by 4.4% over the past 12 months (Q1 2017-Q1 2018), recording a median price of $1,487,600 in Q1 2018. The unit market has grown at a more impressive rate of 13.9% ov…
The Oatley house market has grown by 4.4% over the past 12 months (Q1 2017-Q1 2018), recording a median price of $1,487,600 in Q1 2018. The unit market has grown at a more impressive rate of 13.9% ov…
The Bexley North property market recorded a median house price of $1,200,000 in Q2 2018, representing an annual price change of -9.8% (Q2 2017 – Q2 2018). Similarly, house prices in The Bayside Counc…