Adelaide Housing Market Update [video] | March 2020

Housing values across Adelaide are showing a consistent but mild upwards trend, with values rising four-tenths of a percent over the past twelve months.

Sales activity has been trending roughly in line with the decade average and selling conditions have shown a subtle tightening compared with a year ago.

Homes are selling slightly faster at 48 days on average and vendors offering up slightly less discount on their asking prices.

Interestingly, the highest capital gains over the past twelve months have been across the lower quartile value range which is up 2.4% in value compared with a 1.4% fall across the upper quartile.

Geographically, the Adelaide sub-region with the highest annual growth rate has been at Gawler, with a 5.3% gain in housing values over the past twelve months.

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National Housing Market Update [Video] 

Perth Housing Market Update [Video]