Adelaide property market update 2020
Property market growth has been steady in Adelaide over the past five years, and modest rises are set to continue in 2020.
House prices are likely to add 3 per cent this year and 2 to 4 per cent next year, with units to lift at the same pace.
Population growth is modest, while the rise in home loan commitments has been smaller than in other states, the report found.
With investors turning to South Australia as it offers a better return on their outlay than the east coast capitals, an influx of interstate buyers is tipped to further boost the Adelaide property market. Renovated period homes are particularly popular with Victorian buyers, while beachside properties tend to attract Sydneysiders.
National Investment Planning provides investment property selection and guidance for investors in the Adelaide property real estate.
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