Corelogic’s report on final value index of 2021 indicated that Adelaide house prices has risen 23.2% in 2021, with a huge 7.2% in just the last quarter.
It comes as interstate arrivals continue to put heat into the Adelaide real estate market, with a tripling in SA house purchases being transacted by New South Wales and Victorian buyers which has certainly contributed to the the price increase along with a lack of supply.
It’s not too late to take advantage of the market frenzy! Call one of our team today to find out what your property could be worth in the current market.
Adelaide ended 2023 with luxury house prices at $1.6 million, 2.2 times more than in 2014 and a 9.2 per cent increase from 2022. For the first 6 years of the last decade, luxury house prices increased incrementally, but once the $1 million threshold was passed in 2020, luxury house … Read more
Adelaide’s rental crisis is showing no signs of easing with the City of Churches named Australia’s most difficult market for prospective tenants. New PropTrack data shows Adelaide overtook Perth in March to become the nation’s most challenging market in which to secure a rental, with just 0.83 per cent of … Read more