Southport Property Market Update 2nd Half 2024
Southport, Queensland, offers a vibrant coastal lifestyle with easy access to stunning beaches and a thriving dining scene. The area also boasts excellent schools and convenient public transport, mak…
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Southport, Queensland, offers a vibrant coastal lifestyle with easy access to stunning beaches and a thriving dining scene. The area also boasts excellent schools and convenient public transport, mak…
PRD’s latest findings reveal every real estate market around Australia is in its own gear speed. Many markets saw a price recovery due to a stable cash rate since November 2023. However, economic con…
From the Desk of the Chief Economist
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 ec…
In Q4 2023, Labrador recorded a median house price of $1,050,000, and a median unit price of $619,500. This is an annual (Q4 2022 – Q4 2023) 13.7% growth for houses and 16.9% for units. House sales i…
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 t…
In Q4 2023, Southport recorded a median house price of $1,062,500, and a median unit price of $585,000. This represents annual (Q4 2022 – Q4 2023) growth of 19.4% (houses) and 6.4% (units). During th…
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 fa…
The PRD Affordable and Liveable Property Guides 2nd half 2023 are available for Brisbane, Sydney, Melbourne, Hobart, Gold Coast, and Perth. These guides provide valuable insights on property trends a…
In Q2 2023, Southport recorded a median house price of $980,000, and a median unit price of $560,000. This represents annual (Q2 2022 – Q2 2023) growth of 5.9% and 5.7% for houses and units respectiv…