Research Hub

Tumbarumba Property Market Update 1st Half 2025

Tumbarumba is a charming town nestled in the Snowy Mountains region of New South Wales. It is known for its scenery and rich history; surrounded by forests, vineyards and farmlands. With a mix of mod…

Staying the Course: A Slow but Steady Market Shift

PRD's Australian Economic and Property Update for the 1st half of 2025. 2025 is shaping up to be an exciting year in residential real estate, with our first rate cut in February 2025 (and possibly mo…

Affordable and Liveable Property Guides 2nd Half 2024

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…

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 …

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…