House prices are hitting record highs in Adelaide, and buyers are feeling the pinch
MonMonday 15
The property market is booming in some parts of Australia, including Adelaide.
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Adelaide's housing market had often been considered an affordable option when compared to the eastern states, but buyers are becoming bewildered at the increasing price of property and level of competition.
Key points:
Adelaide's property prices hit a record high in the most recent quarter
Experts say that's good news for sellers, but buyers are struggling to get into the market
Factors include supply versus demand and high levels of interstate interest