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
PERTH | the perfect playground for Singaporeans
Perth’s tourism sector has increased by 3% from the previous year in which tourists collectively spent approximately $2.2 billion....
Australia retains its AAA rating
Great news for Australia as it retains its AAA sovereign credit rating alongside just nine other countries through the...
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...
Australia set to cash in on Brazil iron ore mine closure
Australia’s big iron ore miners are set to benefit immensely on surging iron ore prices as Brazil’s Vale mine...
Investors swoop on Perth property market
Investors are flocking in to Perth to take advantage of the weakened property market as low interest rates and...
204 Walcott Landscaping Underway
It is time to get excited as landscape works for our boutique apartment complex 204 Walcott have officially commenced....
WA props up the nation after $200 billion black hole unveiling
WA has once again helped in keeping the nation afloat with its mining investment being one of the only...
Perth | luxury housing market among world’s best
Perth has been ranked among the top 23 cities in the world for luxury property market growth in Knight...
PROPERTY MARKET THRIVES DESPITE THE IMPACTS OF COVID-19
New land sales are at a record high according to recently released figures from UDIA WA, following the announcement...
RBA predicts strong economic recovery for Australia
A stronger than expected economic recovery is on the cards for Australia if the nation’s successful containment of COVID-19...
