Sydney market headed for "a few years of flat capital growth": REINSW
Buyers and sellers in the Sydney real estate market should expect a strong spring, but then a few years of flat capital growth, says John Cunningham, president of the REINSW.
Malvern, Adelaide, popular with buyers, says agent Bonnie Whyte of klemich
Bonnie Whyte of klemich sold a four-bedroom, stone home in Adelaide's Malvern for $2,096,000 at auction on the weekend. Eight parties wanted to buy the home, she told SCHWARTZWILLIAMS.
Adelaide buyers traditionally favour detached housing, but with our ageing population, it’s fair to expect more high-density developments will be required, says Michael McDonald, CEO of Raine & Horne South Australia.
Adelaide's most affordable suburbs cluster some way north of the city, but they benefit from good hospitals and schools, and increased spending on infrastructure, says Greg Troughton, CEO of the REISA.
The Valuer-General’s median house price report for the December 2016 quarter showed the volume of regional sales in South Australia rose in line with sales in metropolitan areas.