April 7, 2023

Starting Out In Real Estate

When you're starting out, buying and selling property can seem scary and confusing. There's a lot of stuff to know, and it can be overwhelming. Never fear, because the people who can help you through this maze are actually pretty cool. There's no dorks here, just normal guys and girls who'll show you how the whole process works. Make sure you've got a great broker. Someone who ideally works for...

Adelaide CBD office market remains resilient

The Adelaide CBD office market remains resilient amongst the higher interest rate environment, with a new report showing that higher rents are helping offset lower prices. Knight Frank’s Adelaide CBD Office Market Report found 10 transactions above $10 million settled for office asset sales over 2022, reflecting a total sales volume of $531.14 million, which was a 95% increase from $271.96 million...

Submarine suburbs surface as property market hotspots

The AUKUS submarine plan, which may cost Australia upwards of $300 billion over the next 30 years, will have an enormous impact on the property and rental markets of the suburbs that will house the new workforces. When the costliest defence project in Australia’s history is focused on just a few coastal locations, a major impact on those local property and rental markets appears inevitable. Australia...

Property still going for record prices despite market downturn

There’s still some signs the property market remains healthy despite some grim outlooks from market analysts. PropTrack’s report on the national housing market in February shows a rise in housing prices in most capital cities but notes new listings are way down on the same time in 2022. “New listings in capital cities picked up in February ahead of the autumn selling season, rising 26.6 per cent...

Adelaide real estate prices continue to increase, defying national downward trend

Adelaide is the only capital city market with new record high house and unit prices, bucking a national downward trend, according to the latest report from real estate company Domain. According to the report, Adelaide property prices have continued to rise since December 2021, with a minor increase in the past four months. Houses in Elizabeth South, Elizabeth North and Croydon Park experienced the highest...

Buyer splashes $355,000 to secure marina berth in prime Adelaide spot

A boating enthusiast has splashed a significant sum to secure a prime marina berth. Marina berth 325/4 at Holdfast Promenade in Glenelg, Adelaide, sold on February 28 for $355,000. Listed by Heath Lapthorne of Taplin Real Estate, the marina berth is nearly the same price as an apartment in the South Australian capital. Domain’s December 2022 Quarter House Price Report reveals the median price for...

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