Adelaide land prices climb 20pc

[{"selector":"#anim-5f68d9bb-15ce-49b9-934b-f172c2476405 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] GREATER Adelaide land prices have rose by 20% in the 12 months to the end of June, although price growth slowed to 2.0% in the final quarter amid market headwinds. Read more

[{"selector":"#anim-3fb7f399-e268-4b9a-b1f1-cd962ac2f874 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] New data from residential property funds and real estate services group Oliver Hume shows Greater Adelaide land prices have hit... Read more

[{"selector":"#anim-bdab4114-158e-43c8-a9f0-13e12ef6728b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Key greenfield markets in and around Adelaide all recorded positive growth for the year, with Playford up 22.2% (to $240,000), Mt Barker up... Read more

[{"selector":"#anim-09478765-34eb-4a81-b920-5c3e68652e1f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] The median size of lots transacted across the Greater Adelaide market has steadily declined over the past two years as higher prices have... Read more

[{"selector":"#anim-4e5a2b8a-8d14-428d-9a07-4aca5f16f8f6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Oliver Hume CEO project marketing, Julian Coppini said the Adelaide land market was performing well, despite the headwinds of higher interest rates... Read more

[{"selector":"#anim-8b7c1064-d706-429f-b4bb-fb3d9ca0a1ed [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] “South Australian land buyers have proven remarkably resilient, and we attribute that to their confidence in the local property market and... Read more

[{"selector":"#anim-037c0643-cd41-47d7-aa86-88ed1d4843fe [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Coppini said the recent changes to stamp duty for first-home buyers and an overhaul of the HomeStart program was inspired reform that would... Read more

[{"selector":"#anim-f392cda5-176a-4e2d-b968-06052f735144 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] “First-home buyers trying to enter the market, without the benefit of equity in an existing property, have been among the most disadvantaged by... Read more

[{"selector":"#anim-6bb044b6-8ddb-4b2d-8c02-259cb55879f8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] “Together with a clear strategy to fast-track the release of land for 23,700 new homes, South Australia is quickly becoming the model for... Read more

[{"selector":"#anim-32e8d6b4-217e-44e9-9f76-eaa493aa5500 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] More than 2,000 South Australians purchased a home financed through HomeStart over the 12-month period, a 33% increase on the average for the past... Read more

[{"selector":"#anim-2fa12c0f-86a4-4bee-9716-811c9730b09c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] The Malinauskas government last year decided to run with its predecessor’s pledge to work with HomeStart to develop a 3% low-deposit home loan... Read more

[{"selector":"#anim-cd279a42-2941-4595-bf34-3744e503594a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] In addition to a new 2% deposit home loan from July 2024 for eligible first home buyers who purchase or build a new property financed through HomeStart... Read more

[{"selector":"#anim-923adef8-f76b-4c3a-96d7-3b1c595b88a3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Oliver Hume expanded into the South Australian market in 2021 on expectations the state would continue to attract buyers attracted to the strong local economy... Read more

[{"selector":"#anim-92c28d49-4a76-4abd-999c-d6c449c553de [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] The company is currently involved in five different projects, including Springwood (at Gawler East), Oakden Rise (Oakden), William Lakes (Gawler Belt)... Read more

[{"selector":"#anim-56a9213e-0335-4f8f-a812-52a84bc11522 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Oliver Hume Head of National Research George Bougias said the outlook for the Adelaide land market remained very positive... Read more

[{"selector":"#anim-e28effa0-c92b-4549-8082-c5eebc5eee11 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] “Adelaide is one of the most affordable markets in the country and is continuing to experience strong population growth and growing buyer demand... Read more

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Adelaide land prices climb 20pc

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