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Adelaide Property Market Updates – 2024

Tune in to our Adelaide Property Market Update and read through as Managing Directors Marissa Schulze from Rise High, and Lachlan Turner from Turner Real Estate, go live each quarter on Facebook to discuss the latest trends! 
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Adelaide Property Market Updates – 2024

Tune in to our Adelaide Property Market Update and read through as Managing Directors Marissa Schulze from Rise High, and Lachlan Turner from Turner Real Estate, go live each quarter on Facebook to discuss the latest trends! 
Share this article with friends and family:
Facebook
Twitter
LinkedIn
Email
WhatsApp

Keep reading

January 2024 – Adelaide Property Market Update

Key takeaways:

  • Buyers are extremely active in the marketplace, interest rate rises don’t seem to have dampened demand. A great time to be a seller
  • House-for-sale volumes are lower than they were last year at this time of the year maintaining levels at record lows, with the prospect of listing volumes starting to pick up towards February
  • Adelaide was the leading city in Australia for Property Market Growth in the December quarter, market growth is not showing any signs of stopping soon
  • Australia’s population is growing significantly, yet infrastructure and housing are struggling to keep up with this growth. As a result, prices are being pushed up with high demand surpassing supply
  • The nationwide value of property hit a new record last year, and there is great potential for that record to be exceeded this year
  • Interest rate drops could be on the horizon if inflation keeps moving down like it recently has
  • Adelaide rent costs have now surpassed Melbourne’s, showing massive growth throughout the past quarter and 12 months. At present, prices are starting to stabilize but are unlikely to decrease
  • Unit prices are now at record levels, and lots of units are being sold by agents before hitting the open market so it is advisable to register with them to receive the best insights and opportunities

Click here to watch more Adelaide Property Market Updates! 

Keen to know more about the best opportunities for you given the current state of the market? You can learn more about property investment loans and home loans, or please leave your details below for one of our award-winning mortgage brokers to get in touch!

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