News
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.
Real Estate
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.
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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.
Plans to split an almost one hectare Brighton block owned by the former patriarch of the Le Cornu furniture empire into 26 allotments and axe 11 significant trees on the site have been lodged with Holdfast Bay Council.
A recent court judgment involving an Adelaide evangelical church and its landlord could dramatically alter the relationship between commercial property owners and tenants across South Australia.
The building industry wants a raft of reforms to arrest the sharp decline of South Australia’s housing market – and that means measures like compulsory rainwater tanks need to be reconsidered, argues Ian Markos.
