State Election and surge in affordable home sales keep Adelaide house prices stable for quarter!
THE State Election and a surge in affordable home sales has kept Adelaide home values stable for the past quarter, real estate experts say.
The valuer general’s first quarter figures show Adelaide median home values have increased by about $400 or 0.1 per cent for the quarter to $410,399.
This is $17,399 or 4.43 per cent more than at the same time last year.
Statewide, South Australian home values remain unchanged for the quarter and still carry the same median house value of $375,000 as in January.
Despite no quarterly change, their median value is still up 3.59 per cent on this time last year, when the median home value was $362,000….Read more