Tumbarumba Property Market Update 2nd Half 2024
Tumbarumba, nestled in the Snowy Mountains, offers a tranquil lifestyle with stunning natural scenery and a close-knit community. The town is perfect for outdoor enthusiasts, with access to national …
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Different Markets. Different Gears: Australian Economic and Property Report 2024
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…
Stage 3 Tax Cuts: Will It Allow Greater Access to the Property Market?
From the Desk of the Chief Economist
Affordable and Liveable Property Guides 1st Half 2024
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…
Roaring Regions - Top 10 Affordable Regional Areas 2024
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…
Tumbarumba Property Market Update 1st Half 2024
In the 2nd half 2023, Tumbarumba recorded a median house price of $492,500, and a median land price of $90,000. This represents annual (2H 2022 – 2H 2023) median price growth of 49.2% for houses and …
Australian Economic and Property Report 2023
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…
Affordable & Liveable Property Guides 2nd Half 2023
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…
Tumbarumba Property Market Update 2nd Half 2023
In 1H 2023, Tumbarumba recorded a median house price of $370,000 and a median vacant land price of $308,930. This is an annual (1H 2022 – 1H 2023) price growth of 10.4% for houses and a significant i…
Affordable & Liveable Rental Guide 2023
The Australian rental market has reached a point of severe stress, with many referring to current conditions as the "rental crisis". This report identifies key suburbs/areas in each capital city that…
