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
Construction Update
It is exciting times at Griffin as several of our projects move into the construction phase over the coming...
VICTORIA GEARING UP FOR ECONOMIC RECOVERY AS GOVERNMENT ANNOUNCES MAJOR PROJECTS
Victoria’s economic recovery is set to be bolstered by the acceleration of more than $1 billion worth of building...
DevelopmentWA to drive WA’s future
The new State Government’s powerful entity “DevelopmentWA” is set to deliver over $3.8 billion in new projects next year...
Australia retains its AAA rating
Great news for Australia as it retains its AAA sovereign credit rating alongside just nine other countries through the...
WA, THE STATE THAT FORGED ITS OWN PATH OFFERS MOST RELAXED BORDER RULES FOR INTERSTATE TRAVEL
We are days away from the most anticipated event of the year with WA’s borders opening to the rest...
WA outlook improving
Commsec’s chief economist, Craig James recently voiced his belief that a rise in retail spending, population growth and an...
5 REASONS WHY APARTMENT LIVING IS GAINING POPULARITY
With urban sprawl stretching 150km up and down the coast, Perth has the unofficial title of being the longest...
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...
Perth’s property market set for strong rebound
Perth’s property market is sitting well for a strong rebound thanks to continued price growth, tightening supply and an...
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...