Booming Adelaide promises ongoing value for investors in 2024
Suburbs without any available rentals, large numbers of buyers outbidding each other, continued capital growth; Adelaide's property market is still red hot.
A four-bedroom property with an architecturally designed interior recently sold for $3.1 million in Beaumont at 31 The Common. (Image source: Klemich)
Adelaide’s property market in recent weeks has kicked significant value growth goals and local experts say that’s not changing any time soon.
CoreLogic’s newest Home Value Index found the South Australian capital’s dwelling values grew by 1.2 per cent last month, compared to Melbourne and Sydney
, which are both down on previous month’s data.Quarterly growth in Adelaide was 3.9 per cent and 7.6 per cent for the last 12 months.
Tim Lawless, Res…
