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 ranked #1 for purchasing power
Australia officially has the highest minimum wage according to the latest OECD real minimum wage rankings, the first time...
$2.4 billion set for infrastructure projects
The State Government is fast tracking tenders for $2.4 billion to kickstart multiple transport infrastructure projects guaranteeing small and...
China to bring economic growth for Australia
Industry experts believe China is Australia’s best bet in leading the nation towards the path of economic stability and...
Interest rates and political elections driving Adelaide’s property market
According to a recent Herron Todd White residential report the South Australian property market is being driven by two...
Perth Property Market | Demand exceeds Supply
Perth’s property market, despite COVID-19, is experiencing higher demand than supply with REIWA President commenting on a reducing number...
RESIDE ON MONEY KICKS OFF
This week our beautiful Reside on Money project officially kicked off into construction phase with commencement of boring works...
BUYER FRENZY FOR 2021
Buyers are racing right now to get on Perth’s property market ladder. Last week a home open in Carine...
Perth’s growing city skyline
Perth’s skyline is continuing to evolve with Elizabeth Quay set to be the home of Perth’s tallest twin skyscrapers....
WA commercial property sector pushing through COVID-19 gloom
Between the lines, a report released by Ray White on Thursday revealed that despite the uncertainties brought on pandemic,...
Short-term economic pain to lead to longer term gain
The Urban Development Institute of Australia was pleased to recently host global economist Jonathan Pain who shared his thoughts...