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.
Vanessa Rader Ray White Group Head of Research Property prices continue to rise nationwide, with significant growth in both metropolitan and regional areas. Western Australia stands out, surpassing national averages. Perth has become Australia’s fifth most expensive housing market, overtaking Adelaide with a median house price of $821,093, reflecting a … Read more
The winter months are a time for keeping warm which means making use of products like heaters, wheat/heat packs, hot water bottles and electric blankets or sitting near a cosy fire. There are safety risks with many winter products, so follow these important safety tips to help you warm up … Read more