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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In Q4 2017 the property market for the combined postcodes 4350 and 4352 in Toowoomba recorded a median house price of $400,000 and $296,250 for units, representing an annual price change of 2.7% and …
In this research release PRD National Research Manager Dr Diaswati Mardiasmo presents key insights into the current gold Coast property market and the Commonwealth Games 2018. Dr Mardiasmo has been t…
Over the past 12 months leading up to Q4 2017 the market in Tweed Heads has shown strong positive growth (10.1% for houses and 13.2% for units), with median prices at $637,500 and to $400,000 respect…
In Q4 2017 the property market for the combined postcodes 4350 and 4352 in Toowoomba recorded a median house price of $400,000 and $296,250 for units, representing an annual price change of 2.7% and …
The Ingleburn property market recorded a median house price of $735,000 and $476,750 for units in Q4 2017, representing impressive annual growth of 9.3% for houses and 5.9% for units. Meanwhile, the …
The Kyneton property market recorded a median house price of $507,500 and $260,000 for vacant land in Q4 2017, representing an annual price change of 2.5% and 10.6% respectively. Over the same period…
The Ingleburn property market recorded a median house price of $735,000 and $476,750 for units in Q4 2017, representing impressive annual growth of 9.3% for houses and 5.9% for units. Meanwhile, the …
New Norfolk recorded a median house price of $203,750 in Q4 2017, representing an annual price change of 8.7%. Over the same time period vacant land prices trended upwards to $98,000. At the same tim…
The Bendigo property market recorded a median house price of $400,000 and $284,000 for units in Q4 2017, representing an annual price change of 5.3% and 18.3% respectively. Investing in Bendigo’s pro…
The Bendigo property market recorded a median house price of $400,000 and $284,000 for units in Q4 2017, representing an annual price change of 5.3% and 18.3% respectively. Investing in Bendigo’s pro…