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Significant price growth in the city’s outer ring indicates buyer interest in new growth areas.
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Property buyers outnumber sellers, so the market should remain well bid this year according to new research.
The inner city residential market remains incredibly tight when it comes to rental properties.
Adelaide's median house price continues to increase, now at $435, 000.
"Millers Point is one of Australia’s greatest residential precincts, and yet for many years it was relatively unknown as a residential option."
Much of this recent price growth can be attributed to the ripple effect from Sydney's boom, but the region's own economic development has also helped.
Credit rating agency Fitch Ratings expects Australian house prices to rise by two per cent in 2016.
Median weekly house rents in Melbourne Adelaide, Hobart and Canberra are higher than ever.
Property values from Bondi to Little Bay are likely to continue rising in 2016.
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Why am I bullish on prime London property? Well there are a number of factors, but, put simply, there is still an awful lot of money targeted at our small island and at London in particular.
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