Sell with Confidence
Read More
News

Adelaide Experiences Moderate Value Growth in 2013

By Brett Pilgrim

Property in Adelaide experienced moderate price growth last year – a situation that was also evident in many other parts of the country.

The RP Data-Rismark Home Value Index for December 2013 shows house values increased 3 per cent in the South Australian capital, while unit prices ended the year 0.6 per cent higher.

There has been no change to gross rental yields for houses over the 12-month period, as these have remained at 4.3 per cent.

Unit yields, on the other hand, experienced a slight rise of 0.1 per cent between 2012 and 2013.

Commenting on the national figures, Cameron Kusher from RP Data said the most significant price growth was witnessed during the second half of the year.

Across the country, home values increased 3 per cent during the first three months of 2013 before increasing to 6.6 per cent during the latter half.

“Despite the strongest annual value growth since 2009, the rate of growth was not that startling given the low interest rate environment and the previous successive years in which home values fell,” Mr Kusher acknowledged.

He noted property values fell 3.8 per cent in 2011 and by a further 0.4 per cent the following year.

Up to Date

Latest News

  • Look Luxe for less: Fuss free upgrades that won’t break the bank

    By Laura Barry in association with Whether you’re looking to update your home according to the season, or want the space to feel a little more polished, there are a few simple changes you can make to your interior to achieve a luxe look without a big outlay. Elevating your interior style … Read more

    Read Full Post

  • Say farewell to your empty wall

    By Samantha van Egmond in association with Discover budget friendly ways that fill your large walls with mirrors, art and textiles. A bare, white wall in your living area can be intimidating and make even the loveliest of homes feel cold, especially in winter. However, there are ways to inject personality into … Read more

    Read Full Post