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The Upper Hunter in New South Wales offers a serene lifestyle surrounded by stunning landscapes and a strong sense of community. It's an ideal place for those seeking a peaceful environment with easy…
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…
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, Upper Hunter recorded a median house price of $523,000, and a median unit price of $420,000. This represents annual (Q4 2022 – Q4 2023) growth of 6.2% for houses and 23.5% for units. Duri…
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, Upper Hunter recorded a median house price of $515,000 and a median unit price of $312,500. This represents annual (Q2 2022 – Q2 2023) median price growth of 10.8%, while median unit pric…
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…
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