Adelaide Housing Market Update [video] | December 2019

Adelaide’s dwelling values posted a second consecutive monthly rise in November, up half a percent to be nine-tenths of a percent higher over the quarter.

Adelaide’s housing market has been under-performing relative to most of the other capitals, however, the flip side is that housing remains very affordable; in fact, it’s Adelaide’s most affordable quarter of the market where values have shown a stronger growth result.

Dwelling values across the lower quartile are 2.0% higher over the past twelve months compared with a 2.6% drop in values across the upper quartile of the market.

Local rents are up 1.7% over the past twelve months — although that is a soft result, Adelaide rental growth is tracking above the capital city average where rents were only 0.4% higher over the past year.

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You may also want to read:

National Housing Market Update [Video] 

Perth Housing Market Update [Video]

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Tim Lawless

About

Tim heads up the Core Logic RP Data research and analytics team, analysing real estate markets, demographics and economic trends across Australia. Visit www.corelogic.com.au


'Adelaide Housing Market Update [video] | December 2019' have 1 comment

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    October 18, 2019 Frontline

    Invest in real estate for your child’s future

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