Adelaide’s resilient property market
May 22, 2020
Promising news for Adelaide despite COVID-19 fears of an economic decline as new research from Property Investment Professionals of Australia indicates house prices bounce back within a few years after market recessions and downturns.
“The moral of the story is don’t panic. Property has shown its resilience through economic shocks before and we have no reason to expect it won’t do so again,” said PIPA chairman Peter Koulizos.
Click here to read the full article from Realestate.com.au
Read Our Other Articles
Australia retains its AAA rating
Great news for Australia as it retains its AAA sovereign credit rating alongside just nine other countries through the...
Expansion of Perth ferries services to increase city connection
One of Perth’s defining assets is the stunning Swan River, dividing the city into North and South. As the...
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...
Interest rates and political elections driving Adelaide’s property market
According to a recent Herron Todd White residential report the South Australian property market is being driven by two...
Consumer confidence increasing for the third week straight.
Consumer confidence has gained for the third-straight week in a row supported by a flattening of the coronavirus cases...
Construction Update
It is exciting times at Griffin as several of our projects move into the construction phase over the coming...
Perth the City of Blue Skies
Great video by the City of Perth showcasing the great lifestyle, pristine natural beauty and power house economy that...
Return of consumer confidence in Australia
“The return of consumer confidence, high household savings, and a decline in the number of people on JobSeeker are...
WHAT MAKES AN APARTMENT DEVELOPMENT ‘BOUTIQUE”?
Boutique Apartments and townhouses are a growing trend in Perth, on the east of Australia, and abroad. The word...
AUSTRALIA’S TIGHT RENTAL MARKET
Why are rental markets so tight right now and what’s likely to happen next? Whether in Brisbane, Adelaide, Canberra...