What your home is worth – a suburb by suburb guide
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Adelaide homeowners have $800,000 reasons to celebrate, with the latest Valuer-General’s figures showing Adelaide’s median house value has reached a record high, however the report comes as a further blow to those struggling to enter the market, as the gap between the haves and the have-nots widens.
Adelaide homeowners have $800,000 reasons to celebrate, with the latest Valuer-General’s figures showing Adelaide’s median house value has reached a record high, however the report comes as a further blow to those struggling to enter the market, as the gap between the haves and the have-nots widens.
The Valuer-General’s figures for the three months to September show Adelaide’s median value increased 1.91 per cent, or $15,000, on the previous quarter and 12.36 per cent, or $88,000, over the past 12 months to a record high $800,000.
The statewide median house value has also climbed – to a record $723,000.
This is up 1.83 per cent, or $13,000 over the past quarter, and 13.5 per cent, or $86,000, over the past 12 months.
Source: From figures supplied by the Valuer-General. Caution is advised when making financial decisions regarding suburbs with less than 10 sales as their medians are not considered statistically reliable.
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Originally published as What your home is worth – a suburb by suburb guide
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