Interstate investors now competing with local buyers in Adelaide
Adelaide's property market shows no signs of slowing down, with underquoting running rife, prices holding strong and interstate investors competing with locals for relatively affordable homes.
The City of Salisbury (pictured) offers some of the highest rental demand and yields in Adelaide, with major infrastructure and development projects underway. (Image source: City of Salisbury)
With Adelaide’s median house price continuing to exceed its own record highs, the city of churches shows no signs of slowing down.
Currently, Adelaide’s median house price is $682,642, a steady rise from March 2023’s $645,812.
Over the past year, Adelaide has become renowned for its consistently solid performance against the fall and rise of other markets.
Its regional centres also continue to top the charts and make growth headlines.
But on …
