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
Increased property market confidence following Federal election
Property investor activity has increased following the election of Liberal leader, Scott Morrison as Prime Minister. The culmination of...
WA $1.2 BILLION BUDGET SURPLUS
WA is on track to deliver a $1.2 billion surplus this financial year following the windfall of iron ore...
FANTASTIC NEWS FOR FIRST HOME BUYERS
Effective today, first home buyers are now eligible for a massive 75% rebate on stamp duty fees when buying...
APRA finally relaxes loan serviceability conditions
Potential home buyers will be able to breathe a little bit easier after APRA’s (The Australian Prudential Regulatory Authority)...
WA set for $4.5 million over the next three years in GST top-up deal
Federal Treasurer Josh Frydenberg and WA Treasurer Ben Wyatt finalised a deal this week which will see Western Australia...
APPLYING FOR FINANCE: 6 TIPS TO HELP GET APPROVED
With the generous government grants available, there has never been a better time to buy a home, here are...
Construction industry showing signs of recovery
Employment in construction has risen 1.5% in WA since the COVID-19 trough in April with data from the Australian...
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...
Happy Chinese New Year
In Chinese culture, rats are seen as a sign of wealth, they are considered successful animals that are clever and...
Export dividends to rejuvenate WA’s economy
Great news for WA as US based energy giant Chevron finally sealed its position as a long-term powerhouse in...
