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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Robina property market recorded a median house price of $710,000 and $475,000 for units in Q4 2017, representing an annual growth of 3.6% and 9.8% respectively. Over the same period of time house pri…
Robina property market recorded a median house price of $710,000 and $475,000 for units in Q4 2017, representing an annual growth of 3.6% and 9.8% respectively. Over the same period of time house pri…
The combined suburbs of Southport, Labrador and Biggera Waters recorded a median house price of $581,750 and $370,000 for units in Q4 2017, representing an annual price change of 4.5% and 0.1% respec…
The Junee property market recorded a median price of $249,500 for houses in the 2nd half of 2017, signifying 6.4% annual growth. This suggests real capital growth as over the same period of time (2nd…
Over the past three years (2015 - 2017), Fig Tree Pocket and Pullenvale have the highest growth at 21.5% and 20.0% respectively. This indicates these two areas as premium and highly sought-after mark…
Casino’s property market has grown from strength to strength over the past 12 months to Q4 2017, recording a median house price of $267,500 – which represents an annual price change of 7.0%. Meanwhil…
Casino’s property market has grown from strength to strength over the past 12 months to Q4 2017, recording a median house price of $267,500 – which represents an annual price change of 7.0%. Meanwhil…
The Runaway Bay (postcode 4216) market recorded a median house price of $810,000 and $462,500 for units in Q4 2017, representing an annual price change of 8.0% and 3.2% respectively. Over the same pe…
The Glenorchy property market recorded a median house price of $320,000 and $235,086 for units in Q4 2017, representing an annual price change of 13.9% and 24.1% respectively. Over the same period of…