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SA: The Adelaide market is well-positioned to emerge from the COVID-19

2Mo ago 0 Replies 44 Views
 Adelaide is one of the most consistent property markets in Australia, given the steady demand, solid local economy, and housing affordability.
Adelaide also had a very low vacancy rate heading into the shutdown period: an overall vacancy rate below 1%, which means the city's rental market is well-placed to absorb the extra rental stock coming into the market because of the impact of the virus shutdown.

"I see Adelaide as being one of the best capital cities in the nation for real estate investment with good prospects for future growth, as well as above-average rental yields," Ryder said.

"The Adelaide market is traditionally quite stable, offering an affordable entry price with good long-term stability in property prices," she told Your Investment Property. "We are seeing more and more young interstate people buying in Adelaide to get their foot into the pr


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