As 2024 draws to a close, the Adelaide residential property market continues to shine as one of Australia’s most resilient and appealing.
Despite national economic shifts, Adelaide has remained a standout with steady growth, supported by strong buyer demand, low vacancy rates, and increasing interstate interest.
First-home buyers and investors have been active, spurred on by competitive lending conditions and Adelaide’s affordability compared to other capitals.
For sellers, it’s been a rewarding year, with well-presented homes often exceeding expectations.
However, Auction clearance rates have dropped to 62% for this week, so some softening is evident.
Looking ahead to 2025, the market may be at leveling out from its steep growth run up but from all accounts healthy normalised growth looks assured.
From the team at Onyx we wish you and family a very Merry Christmas and safe and prosperous New Year!