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.
11 The Outlook, Salisbury Heights 10 registered bidders, six active Lead agent/auctioneer: Sam Doman – 0412 572 602 Saturday 23rd of August 2025 There was a strong sense of community and celebration in Salisbury Heights today, where a well-known local family sold their home in front of a crowd of … Read more
The Reserve Bank of Australia (RBA) announced it will cut the cash rate by .25 percentage points. This is the third time the cash rate has been cut this year, taking it to 3.60%. This is great news for many homeowners with a variable rate, who may find their repayments … Read more