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The PRD Affordable and Liveable Property Guides 2nd half 2024 are available for Brisbane, Sydney, Melbourne, and Hobart. These guides provide valuable insights on property trends and how current econ…
Tamworth in New South Wales is located approximately 420km north of Sydney on the western side of the Great Dividing Range. Tamworth is known for being the home of country music in Australia and is a…
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…
20 Year Snapshot of the Tamworth Market
In Q1 2024, Tamworth recorded a median house price of $536,250 and a median unit price of $335,000. This represents annual (Q1 2023 – Q1 2024) median price growth of 11.7% for houses and 4.7% for uni…
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 Q3 2023, Tamworth recorded a median house price of $529,000, and a median unit price of $375,000. This represents annual (Q3 2022 – Q3 2023) growth of 13.0% for houses and 17.5% for units. Sales v…
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…
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