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.
First-home buyers are out in force and well prepared to challenge their more experienced counterparts in Adelaide’s competitive market. Industry experts say the city’s affordability, interest rate cuts – the latest taking the official cash rate to 3.85 per cent – as well as government incentives are fuelling them. It … Read more
The Reserve Bank of Australia has kept interest rates on hold today, maintaining its cautious approach. This decision reflects growing uncertainties in the global economy, particularly stemming from US trade policies and ongoing geopolitical tensions. The Australian economy continues to show unexpected resilience, with unemployment remaining relatively low and consumer … Read more