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
$100B WORTH OF PROJECTS SPARKS WORKFORCE FEARS
It looks like WA is on the verge of a jobs boom according to the State’s peak business group,...
WA HOT PROPERTY BOOM TO LAST YEARS
Experts are signalling WA property prices are tipped to continue rising for several years, with the sector sitting in...
The evolving “Great Aussie Dream”
The “Great Aussie Dream” is alive and well but it is no longer just about securing the big 4...
WA | Only state/territory to see unemployment rate fall
More good news for WA! In the latest release of monthly jobs figures, WA ranked as the only state...
PERTH’S MEDIAN DWELLING PRICE CLOSE TO RECORD HIGH
The median value of a Perth dwelling is tracking towards a new all-time high. Amid Australia’s dramatic price slowdown...
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...
Reside on Money Low Carbon Footprint
We were excited to see our upcoming ‘Reside on Money’ development located in the heart of Northbridge featured in...
WA NEW HOMES AND APARTMENTS ARE ON THE RISE.
WA is the only state in Australia that is expected to see a rise in the number of new...
Opportunistic Hongkongers snap up property in Australia
Many deep-pocketed Hong Kong investors are preparing to pick up global properties on the cheap as major currencies are...
“Royal Hotel” Perth landmark restored
A piece of Perth’s history was finally unveiled last Friday with the grand re-opening of the restored “Royal Hotel”...
