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’S TIGHT RENTAL MARKET
Why are rental markets so tight right now and what’s likely to happen next? Whether in Brisbane, Adelaide, Canberra...
Perth’s resilient property market
The residential property market is showing more resilience to the pandemic induced instabilities than initially predicted primarily due to...
A SAFE AS HOUSES PERTH MARKET BRINGING BACK THE INVESTORS
March has seen lending for housing investments in WA surge to a whopping $462 million continuing its five-year high...
$2.4 billion set for infrastructure projects
The State Government is fast tracking tenders for $2.4 billion to kickstart multiple transport infrastructure projects guaranteeing small and...
First gas offloaded from worlds biggest floating LNG facility
An exciting week in the world of LNG for WA as the first gas was offloaded from Shell’s Prelude...
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...
Melbourne property market battered but still standing
Property investors are shocked to see Melbourne’s property market standing tall after COVID-19’s most recent hit, however with an...
7 reasons why WA is well positioned to bounce back from COVID-19
Finance Minister Mathias Cormann believes the WA economy will economically bounce back from COVID-19 pandemic for seven key reasons....
Quick recovery could reduce Government bailout spend
The JobKeeper and JobSeeker schemes, originally budgeted to cost $130 billion with the expectation that 6 million people would...
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,...