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
WA $1.2 BILLION BUDGET SURPLUS
WA is on track to deliver a $1.2 billion surplus this financial year following the windfall of iron ore...
WA receives $12 million tourism funding boost
Western Australia has received a $12 million boost for international tourism and events marketing unveiled by Premier Mark McGowan...
Hamilton Hill Site Works Commencement
We here at Griffin are eager to report that site works are well and truly underway on our Hamilton...
WESTPAC PREDICT 15% SURGE IN HOUSE PRICES
House prices are set to bottom out by June 2021 before bouncing up by 15% according to Westpac’s economic...
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...
COMO IN THE SPOTLIGHT
South of Perth and bordered by the iconic Swan River, Como is a well established area offering residents...
Another boost to WA’s mining sector
Today we welcome more good news for WA’s economy with another boost for our mining industry. Fortescue Metals Group...
BUYER FRENZY FOR 2021
Buyers are racing right now to get on Perth’s property market ladder. Last week a home open in Carine...
Scarborough’s $120 million Woolworths tower project
Scarborough is set to receive even more investment with a planned $120 million-dollar redevelopment of Scarborough’s White Sands Tavern...
FEDERAL TREASURER THANKFUL TO WA’S RESOURCES SECTOR
WA’s resources sector is continuing to provide a bright spot for Australia’s economic data as it is once again...
