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
Thousands of jobs for West Australians with PM’s new plan
Today Prime Minister Scott Morrison will unveil his WA plan to generate multiple infrastructure projects which will create thousands...
Critical minerals put WA on the map
A previous post covered the USA’s interest in WA’s critical minerals. https://griffin-group.com.au/news/potential-usa-trade-deal-to-create-6000-jobs/ Another recent article in The West touches...
“Royal Hotel” Perth landmark restored
A piece of Perth’s history was finally unveiled last Friday with the grand re-opening of the restored “Royal Hotel”...
5 REASONS WHY APARTMENT LIVING IS GAINING POPULARITY
With urban sprawl stretching 150km up and down the coast, Perth has the unofficial title of being the longest...
Australia ranked #1 for purchasing power
Australia officially has the highest minimum wage according to the latest OECD real minimum wage rankings, the first time...
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...
RESIDE ON MONEY KICKS OFF
This week our beautiful Reside on Money project officially kicked off into construction phase with commencement of boring works...
WA Projects set to bring in Billions
WA’s economy is looking promising with over 50 new projects set to bring in billions, with WA looking at...
Lunching for a cause
The Griffin team with ABN Group Director Dale Alcock as their special guest, attended the 10th anniversary of the...
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...