By Rishabh Dhall
6th May, 2022
How long will this truly unprecedented house price boom last? With interest rates starting to show their true colours, many South Australian are wondering will it be a positive outlook for the Australian property market. It could be a shock that the Adelaide housing market can see downtime in terms of affordability.
Key takeaways...
While recent RBA decisions to increase interest rates haven’t caused property prices to fall across Australia (yet), experts are saying that we could be approaching an inflection point where mortgage rates might make property ownership too expensive for many Australians. In South Australia, these concerns seem particularly relevant—with mortgage rates currently at their lowest level in decades. Potential buyers should keep an eye on rate increases and factor any potential changes into their decision-making process.

The basics....
If you’re thinking about selling your house, now may be a good time to do it. Real estate in Adelaide has been going through an unprecedented boom—but any bubble can burst. If you’re expecting to sell your house at significantly more than you bought it take advantage of the situation now.
What does this mean for buyers?
While increasing sales are good news for sellers, it could mean that buyers will have to wait in long lines for popular properties. Adelaide property market prices continue to skyrocket despite lending standards becoming tougher in recent years. Recent months have seen vendors commanding high asking prices and achieving quick sales which may be contributing to increased levels of competition between buyers.
You might also enjoy

Adelaide’s hot property market is going in a different direction altogether.
Australian real estate: There could be a drop in house

Prices are going down; it sounds amazing, right?
Prices are going down; it sounds amazing, right? And for

RBA’s 1.35% cash rate increase: what does it mean for Adelaide’s real estate market?
If you’re wondering how the 1.35% cash rate increase by

Unstoppable Adelaide Property Boom, seriously!
It’s no secret that the property market in Adelaide, South