Blog: South Australia

Median House Price South Australia - Q2 June 2011Whilst median prices in South Australia remained steady in Q1 of 2011, it seems the Adelaide property market is only now feeling the effects of a slowdown in the housing market.

The median house price for metropolitan Adelaide decreased 1.1% to $402,500 over the June quarter.  However it is not all bad news in the Adelaide property market.  Although there was no positive growth for the quarter, the median house price has grown by 1.6% when compared to the same time last year.  In addition, the median unit price for Adelaide held steady at $320,000.

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Category: Market Intelligence & Commentary, South Australia | 1 Comment

Most Expensive Suburbs SA 2011During the peak of Spring Selling Season in 2010, South Australia recorded two million dollar suburbs. However recent market conditions have meant that South Australia is no longer contributing to the exclusive million dollar club.

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Property Market 2011 Q1

The slow start to the year and fear of increasing interest rates had many bracing for a decline in the South Australian property market.

However the March quarter median price data, published by propertyDATA.com.au, showed South Australia’s property market displayed more resilience than most other states across Australia which is a positive sign for the industry – but is this likely to continue throughout 2011?

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Housing affordability has been a hot topic of discussion in 2011.  Even though median price growth is slowing nationally, purchasing a home is still difficult for many and with the prospect of further interest rate rises the great Australian dream may seem impossible for many.  Or is it?

According to the real estate institutes across Australia and properyDATA.com.au, there are still many affordable places to buy; you just need to know where to look.  We interviewed a range of experts from the real estate institutes to compile a list of some of the most affordable places to buy.
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Category: ACT, Investment, Market Intelligence & Commentary, National, New South Wales, Northern Territory, Queensland, South Australia, Victoria, Western Australia | 8 Comments

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