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.
News
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.
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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.
Adelaide’s CBD is among the 10 riskiest suburbs in Australia to invest in an off-the-plan unit or apartment, a property research firm has warned.
