Adelaide was drawing more investor attention on the back of unusually stable values, with University of Adelaide research by PIPA chairman Peter Koulizos showing prices slipped just 0.2 per cent in 2012 and rose in 2019 while other capitals fell. Domain figures put the vacancy rate at 0.6 per cent, house rents up 8.9 per cent over the year and the median house price at $629,728, second cheapest of the capitals.
Reported by
Sue Williams, Domain, 25 August 2021
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