With the east coast market previously booming, we are now starting to see it slow, while the results in SA have remained steady.
The Adelaide housing market has remained steady amidsts the turbulent east coast results, as shown in the November edition of the Core Logic RP Data Home Value Index.
While the combined capital city results fell 1.5% for the month, Adelaide topped the nation with a growth of 0.7% over November, 1% for the quarter and 3.3% year on year. This steady growth has given a total gross return of 7.7%, with the median house price now sitting at $410,000.
For more information on the current real estate market in your area, call Ray White Willaston 8522 4711