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
Griffin At Realestate.com.au Market Update Event
Griffin Group’s Marketing team attended a Realestate.com.au Market Update event last week which explored the subtle but notable changes...
PENTHOUSE LIVING AT ITS PEAK
A surge of expatriate activity in the Perth property market has put great confidence into the penthouse trade, with...
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...
October News Highlights
October News Highlights Perth Rental Squeeze Perth suburbs are experiencing a dramatic drop in rental vacancy rates, with...
Location tops the list when buying an apartment
Location is the number one factor when selecting an apartment for owner occupiers and investors according to 85% of respondents...
Lunching for a cause
The Griffin team with ABN Group Director Dale Alcock as their special guest, attended the 10th anniversary of the...
HOUSE PRICES FORGOE GLOOMY OUTLOOK FOR A MORE UPBEAT ATTITUDE
Home values are starting to stabilise just six months after the March COVID-19 shock which has some economists forgoing...
A strong finish for housing values in 2019
Recent data from CoreLogic’s national home value index shows housing values continue to rise in Perth with a 1.1%...
Australia has some of the most liveable cities in the world
It is no secret that Australia is a great place to live! This fact has been confirmed again with...
Get to know our Project Manager
Get to know our Project Manager Introducing Brett Garret! With years of experience in project management under his belt,...