Price increase for Adelaide suburbs
November 26, 2019
Solid property news for Adelaide which according to API is now leading the nation for house price growth with 65% of suburbs experiencing price increases during the past 12 months.
Strong government investment into infrastructure is helping to drive market demand which is indicated by strong buyer sentiment, high local and international investor activity and busy home opens.
According to REISA President, Mr Brett Roenfeldt, the unit and apartment markets are on fire at the moment which is great news for the Griffin team as we have two exciting projects in development in Plympton and on the coast in Glenelg.
Read Our Other Articles
Reside on Money Low Carbon Footprint
                                        We were excited to see our upcoming ‘Reside on Money’ development located in the heart of Northbridge featured in...                                    
                                    
                                WHAT MAKES AN APARTMENT DEVELOPMENT ‘BOUTIQUE”?
                                        Boutique Apartments and townhouses are a growing trend in Perth, on the east of Australia, and abroad. The word...                                    
                                    
                                WA rise despite pandemic fears
                                        Despite COVID-19 induced worries the WA property market is in a better position than many expected as sale transactions...                                    
                                    
                                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...                                    
                                    
                                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...                                    
                                    
                                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,...                                    
                                    
                                Australia’s household wealth hits $1m for the first time
                                        Superannuation and rising property values have worked hand in hand to drive Australia’s average household wealth past the $1...                                    
                                    
                                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%...                                    
                                    
                                PERTH HOUSING CRISIS
                                        WA is facing a shortage of about 20,000 homes within four years, with fears this will keep local house...                                    
                                    
                                EXPERTS PREDICT HOUSE PRICES WILL GROW IN 2021
                                        Experts predict Perth will have the nation’s biggest property boom in 2021, only months after warnings of economic collapse...                                    
                                    
                                 
                                                                             
                                                                             
                                                                             
                                                                             
                                                                             
                                                                             
                                                                             
                                                                            