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
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...
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...
Property market still positive despite COVID-19
REIWA has called on the State and Federal governments to conjure up a relief package stimulus to ensure the...
Population growth driving WA’s economy
WA’s economy is being powered by people as the state experiences positive population growth closing the gap between WA...
National economy saved by WA mining
WA’s decision to keep Western Australia mining rolling during the COVID-19 pandemic has saved the national economy from collapsing...
CoreLogic Report | November
CoreLogic’s recent data has been released. See the summary for November below: CoreLogic’s national Home Value Index surged 1.7%...
Renewed interest in Australia’s real estate market by Hong Kong investors
The ongoing civil unrest with the extradition bill in Hong Kong is causing a renewed interest in Australia’s property...
DevelopmentWA to drive WA’s future
The new State Government’s powerful entity “DevelopmentWA” is set to deliver over $3.8 billion in new projects next year...
Scarborough’s facelift reaps property benefits
Scarborough's facelift reaps property benefits West Australians are rediscovering Scarborough after the $100 million redevelopment has injected new...
PROPERTY & ECONOMIC UPDATE
Read the latest thoughts from Griffin’s Founder and CEO, Greg Devine