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Adelaide Housing Market Update [Video] – March 2017

Adelaide saw a 0.6% rise in dwelling values last month taking the annual growth rates were low, but sustainable 3.5%

While the growth trend across Adelaide has been subtle dwelling are continuing to see them up which pressure at a time when economic conditions remain relatively soft.

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The upward trend in home values is being supported by a rise in dwelling sales with settled sales across the state rising by 1.2% over the year.

Apart for the modest rate of capital gains rental yield just substantially higher than the combined capital city average, with houses providing an average gross yield of 4% and unity showing a higher yield of 4.7%.

The combination of solid rental returns and sustainable capital games may be attracted to investors are looking outside of amateur growth cycles of Sydney and Melbourne.

YOU MAY ALSO BE INTERESTED IN READING:

National Housing Market Update [Video] – March 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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