Adelaide Real Estate Market- Is It Going in The Right Direction?

Archive for April 2022

Adelaide Real Estate Market- Is It Going in The Right Direction?

Adelaide Real Estate Market- Is It Going in The Right Direction?

By Rishabh Dhall

26th April, 2022

 

Adelaide property market has experienced record levels of demand in March as view per listing went up by 2.9 % MoM changes and 64.6 % higher than this same period last year.

Should I sell my house now?

Why wouldn’t you? Adelaide property prices are on an upswing, interest rates are still low and hopefully, it won’t increase drastically, and there’s little supply of property on Adelaide’s market. Additionally, it looks like there’s already a lot of interest from buyers in South Australia; last month we have seen more than 1250 people looking for houses so, definitely worth selling!

Demand for property in Adelaide hits record high

We have seen huge traffic on our onyxrealtors.com.au, according to recent media reports, property markets in Adelaide are moving at a blistering pace. Property experts warn that while activity and prices in Adelaide have been driven by underlying economic drivers, they expect prices to continue to rise as a further increase in interest rate will put pressure on households’ purchasing power.

Will house prices drop in Adelaide?

Like most things in life, prices tend to fluctuate— and that’s exactly what we’re seeing right now. Australia is in a property market rise at present, as RBA hints at an interest rate hike being brought forward which means property prices are expecting prices to drop. A lot of people are concerned about buying property in Adelaide, especially if they have high mortgages. But looking at the current market there is no stopping – The rising house prices have not deterred house hunters with properties continuing to sell fast.

Adelaide House Price May Have a Slight Dip

Adelaide House Price May Have a Slight Dip

By Rishabh Dhall

8th April, 2022

South Australia home sellers may be in for some good news, as the latest sources, predicts that house prices in the state are set to decrease slightly. As this will make a great time to list your property. Listing your home on the market before this price dip can help you maximize its value and your selling power during an already vibrant time of year for real estate sales in South Australia.

Think again!

Are we seeing a downward trend?

Adelaide property prices have been on an upward trend for the past couple of years, but it looks like they’re starting to level off. It seems that these prices will slightly go down as the RBA kicks the interest rate. Adelaide is fast becoming one of Australia’s most desirable capital cities, recording the fifth-highest increase in house price values in 2021.

Sellers in Adelaide are taking advantage of peak conditions resulting in more properties listed for sale making it almost 50 % MoM in January.

Ways to make your property more attractive for potential buyers

Be vigilant about making improvements to your property. As mentioned in our previous post on selling your home, minor improvements can help you sell your property for more money. contact one of our agents at Onyx Realtors to know an effective campaign for selling your home. Click Here.

Home Valuation Report – why is it important?

Having your property valued accurately is one of the most important things you can do when selling your home. We will provide you with an independent, unbiased report that is tailored to your needs and specific home. Call us on 08 8293 8888 to learn more about our services or get an instant free home expected value for your property: m.me/onyxrealtors

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Strong Selling Adelaide Real Estate Market

Strong Selling Adelaide Real Estate Market

By Rishabh Dhall

1st April, 2022

If you live in South Australia and are looking to sell your home, you’re likely wondering if this is the right time to do so. If so, you’re not alone; many homeowners in the area have asked themselves this question over the past several months, which has proven to be some of the strongest on record for real estate sales in Adelaide. Luckily, recent trends indicate that now will be the right time to sell your house in Adelaide or elsewhere in South Australia if you’re looking to take advantage of today’s market conditions and sell quickly, have a chat with our sales partner today: Book An Appraisal

Is it a good time to buy a property in South Australia?

There’s no doubt that Adelaide’s property market is one of the best performing in Australia right now. According to the RP data report, South Australia has seen its median house price increase by 21.2 % over the last year. The number of people investing in new properties is growing steadily as more investors are drawn to our capital city from all around Australia and from offshore. So, there is no doubt that selling your property in Adelaide right now will be the best decision you will make.

Advantages of Selling Your Home When It Is in Peak Condition

Of course, sellers want to get as much money as possible for their homes. When it comes to selling a house, timing is everything. Selling during peak season means you will likely sell your property faster and for more money than if you waited until next year or down the road. A smart seller will know when his or her property is in peak condition before offering it up for sale. When Is Peak Season in South Australia?

Hiring the right agent to sell your house will make all the difference

If you’re thinking about selling your house, it’s crucial to make sure you have an agent who knows how to sell your property. Hiring a real estate agent is similar to hiring an accountant—you want someone who understands exactly what you can achieve out of your property. The right agent will tell you the right way to sell your property by delivering the right marketing campaign, amazing sales tactics which will eventually fetch you a top dollar figure for your home.
See how we do it….