‘PROPERTY PRICES TIPPED TO RISE 13% BY END OF NEXT YEAR’

“Adelaide is expected to see strong gains of nearly 15% over the two years, with prices forecast to rise 8.6% in 2023 and 6.2% in 2024.”

“PropTrack senior economist Eleanor Creagh said a lack of choice for buyers in these smaller capital cities has heightened competition, with the latest PropTrack Home Price Index showing prices hit fresh peaks in Perth, Brisbane and Adelaide in September. “

“Adelaide and Perth continue to be the strongest performing capital city markets over the past year, with prices at record highs in both markets after rising 8.31% and 9.24% respectively over the past year,” Ms Creagh said.”

Read the full article from realestate.com.au via the link here

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