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Regional real estate sales booming in South Australia as city slickers get out
FriFriday 18
updated
FriFriday 18
Turnover time for regional property sales in some cases is as little as two weeks.
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Real estate agents across South Australia are reporting a boom in regional property demand, prompting some to utilise a sale-by-expressions-of-interest approach more typical to commercial properties.
Key points:
An expressions-of-interest sales approach is being used by some agents where demand is high
Rental properties in regional areas are also in high demand as people move away from Adelaide
Harcourts Adelaide Hills principal, Kim Shorland, told ABC Radio Adelaide they were experiencing incredible demand for residential properties, with most people coming from the city plains or the eastern seaboard.