Corelogic recently released its pain and gain report with Tree Gully having the highest rate of profit-marking resales at 99.1 per cent.
“This may reflect a surge in popularity across the northern suburbs of Adelaide through the current upswing, which present relatively affordable housing prices, alongside reasonable commutes to beaches and major employment hubs,” the report reads.
The properties that sold in the LGA during the June quarter have a median hold period of 9.5 years, with the total value of profit being $63,200,663 and the median profit being $150,000.
The Williams’s were only in their 60s when they sold up the family home and moved into a retirement village in search of a globetrotting lifestyle of leisure. When they aren’t leading travel groups – described as Contiki for seniors – around the world, Julie, 72, and Kevin Williams, 76, … Read more
December 2024 House Price Report Adelaide house prices rose for the eighth consecutive quarter, climbing by almost $25,000 (2.5%) over the December quarter to reach a new record of $992,193. However, the pace of quarterly growth has slowed to about one-third of its rate in the previous quarter and is … Read more