Top locations for investors in SA revealed
By Bianca Dabu
22 February 2021
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1 minute read
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Despite a turbulent year, the South Australian property market reached a new record high in median prices and witnessed a significant increase in sales volume.
Over the quarter, South Australia recorded a 1.15 per cent rise in median home values to $440,000 and 6,776 sales, according to the December 2020 quarter market update by the Real Estate Institute of South Australia (REISA).
Looking at the capital Adelaide, Inner Metro saw the highest quarterly growth in median home values at 5.21 per cent to $868,000, followed by Metro Adelaide with 3.61 per cent to $510,000 and Central Metro with 3.54 per cent to $585,000.