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8 Adelaide suburbs property investors should be looking at
By Fergus Halliday
09 June 2021
|
1 minute read
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Data from PRD’s latest
Affordable Living Property Guide suggests that Adelaide may be a fruitful option for those looking for a more affordable entry point into the metropolitan market.
In line with broader market trends, PRD found that Adelaide’s median property prices grew 9.5 per cent from the first quarter of 2020 to the first quarter of 2021. Across the same period, median property prices for units also rose by 2.8 per cent.
Complemented by an increase in total sales of 23 per cent for houses and 27.5 per cent for units, PRD predicted that this should fuel owner-occupier confidence going forward.