From June 2008 to June 2019 we have had a huge increase in our median prices.
Could you get the same return from a bank? Could you invest $120,000 10 years ago and return $475,000 today? Could you increase your wealth by a staggering 400%?Right now, there is a definite shortage of quality housing available for sale.
Adelaide’s clearance rate has stayed consistent and is currently sitting around 50%. Buyer confidence is returning to the market, and investors are slowly getting their hands out of the pockets and negative gearing and capital gains reforms have put to bed for the next four years. Buyer confidence is returning to the market, numbers are up at open inspections and auction clearance rates are improving.
