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
Happy Chinese New Year
In Chinese culture, rats are seen as a sign of wealth, they are considered successful animals that are clever and...
OUT WITH THE OLD IN WITH THE NEW – DRAMATIC LEEDERVILLE HOTEL COMPLEX MAKEOVER
Leederville is set to say hello to a new “pub of the future” as the well-known Leederville Hotel complex...
Dorado oil field set to boost WA’s oil and gas industry
A new oil field discovery brings great news to WA’s oil and gas industry Carnarvon Petroleum’s Dorado oil field...
First weekend The Residence on-site sales suite is open
THIS WEEKEND is your opportunity to visit our on-site sales suite to select your new boutique off-the-plan apartment at...
PROPERTY MARKET THRIVES DESPITE THE IMPACTS OF COVID-19
New land sales are at a record high according to recently released figures from UDIA WA, following the announcement...
Scarborough | A Great Place To Live And Play
“whether it is watching the sunset over the Indian Ocean, grabbing a bite at the many cafes or restaurants,...
Niche property assets
Investors risks may be higher due to the pandemic and current recession however the rewards for those willing to...
AUSTRALIA HITS GOLD PRODUCTION MILESTONE
Australia’s gold production hit a record high milestone producing 328 tonnes in the first six months of this year...
OVER 10% OF THE CONSTRUCTION PHASE IS COMPLETE
Griffin’s first energy efficient (clean technology) project, Reside on Money in the heart of Northbridge commenced construction in April....
COVID-19 and the property market
With unpredictability around the ongoing pandemic COVID-19 and the potential onset of a recession there is some uncertainty around...