Adelaide property market still climbing despite COVID-19
June 19, 2020
Adelaide is one of three cities across the country where property values are continuing to climb despite the nationwide coronavirus-led market slowdown.
Optimistic news in May for Adelaide where property values rose by 0.4% pushing the median house price to $441,184 according to recent data from CoreLogic
“There is a very strong buyer inquiry out there and because of that and the lack of stock, they are paying good prices for property,” said Real Estate Institute of South Australia president, Brett Roenfeldt.
Click here to read the full article.
This is a brief summary of the article ‘Adelaide property values continues to climb despite COVID-19’ by Jessica Brown | Realestate.com.au | Tuesday 2nd June 2020.
Read Our Other Articles
Australia’s household wealth hits $1m for the first time
Superannuation and rising property values have worked hand in hand to drive Australia’s average household wealth past the $1...
Construction Kick Off at Loft Haus
The Griffin Team are excited to share that our builders @ABN Group have officially started construction on our Leederville...
WA IS SAILING THROUGH THE ECONOMIC STORM
The State Governments hard border closure, the ongoing strength in the mining sector and the states low reliance on...
Scarborough | a great place to live and play
“whether it is watching the sunset over the Indian Ocean, grabbing a bite at the many cafes or restaurants,...
RESIDE ON MONEY – Major construction milestone reached!
A huge milestone was reached over the weekend for our Northbridge development. Reside on Money builders, JCM Construction, laid...
WA outlook improving
Commsec’s chief economist, Craig James recently voiced his belief that a rise in retail spending, population growth and an...
WHY APARTMENT LIVING IS BECOMING MORE POPULAR
Traditionally, living the Australian dream involved ownership of a single storey home, on a quarter-acre suburban block with a...
Property market still positive despite COVID-19
REIWA has called on the State and Federal governments to conjure up a relief package stimulus to ensure the...
Demolition completed for The Residence development
In an important step for The Residence development, demolition on the Scarborough site has officially been completed. In keeping with...
WA CONTINUES TO KEEP THE NATIONAL ECONOMY STRONG
WA has recently been viewed as a drag on the ‘national interest’ of Australia due to the state’s hard...