Hotspotting Podcast | Episode 77 - Adelaide's Growing Market

Posted on 22/01/2019  
Hotspotting Podcast | Episode 77 - Adelaide's Growing Market

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Adelaide is one of Australia’s most consistent markets.

Our latest quarterly survey of sales activity says that the number of suburbs with rising demand has dropped from 71 to 60, but Adelaide remains the busiest market in capital city Australia.

In the past six quarterly surveys, the number of growth suburbs has been 46, 45, 58, 61, 71 and 60, showing that the market has plateau-ed recently but remains elevated compared to 12-18 months ago.

SA, dominated by Adelaide, has impressed with its steady performance in the past five years. Each of the past 20 quarters has recorded between 8,000 and 9,500 dwelling sales.

It ranks well ahead of Sydney, Melbourne and Brisbane, as well as the recovering Perth market, in terms of growth suburbs.

Find out more in our Top 5 Adelaide Hotspots report.

 

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