Adelaide Housing Market Update [video] | February 2019

Adelaide housing values are up 0.9% over the past twelve months. 

CoreLogic has released their newest housing market update for February 2019.

Despite the relatively mild pace of growth, Adelaide was the third best performing capital city, after Hobart and Canberra, based on the annual rate of capital gains.

With a median house value of $464,500, Adelaide is now the most affordable capital city to purchase a detached house.

It’s this sheer affordability that is likely a key factor in keeping values afloat, along with improving migration rates, falling unemployment and positive jobs growth.

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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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