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Adelaide Housing Market Update [Video] – April 2017

Adelaide saw dwelling values continue to trend higher at a sustainable pace with increases of 3.4% respectively over the past twelve months.

House values are rising at about double the pace of unit values.

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house values were 3.6% higher over the past 12 months while Adelaide unit values increased by only 1.7%. ultimate_adelaide_tour_big_0

Despite their reasonably soft but steady rate of capital gain in Adelaide rental markets have remained subdued, weekly rents have risen by 1% over the past 12 months with the unit sector experiencing a decline weekly rents over the year.

Dwellings are taking a little bit more than two months to sell on average which is slightly faster than the same time a year ago.

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National Housing Market Update [Video] – April 2017

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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


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