Business
Almost 19 out of every 20 properties in Adelaide increased in value by more than five per cent in the six months to February this year, new real estate data shows, as analysts await the impact of the Reserve Bank’s first interest rate hike in more than a decade.
News
More than three quarters of properties in Adelaide are on track to record an annual price growth of more than 10 per cent, with outer ring suburbs in the city’s far north and south now contributing to the state’s booming house values, according to a new breakdown of the metropolitan real estate market.
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More than two-thirds of Adelaide properties are on track to grow in value by more than 10 per cent this year as real estate prices continue to spiral, according to a new breakdown of the metropolitan property market.
The Adelaide property market has been booming in recent months on the back of record low interest rates and a range of incentives to help new homeowners enter the market but the window of opportunity is closing, writes Bushy Martin.
Property values in 70 per cent of Adelaide’s suburbs grew in the six months to December, defying predictions at the beginning of the coronavirus pandemic that house prices would plunge.
Adelaide continues to buck a national trend in downward property values, with more than two thirds of metropolitan suburbs experiencing price growth in the six months to September, according to a new report.
