Adelaide at bottom of the unit market with steady rental vacancy trend: HTW

Adelaide at bottom of the unit market with steady rental vacancy trend: HTW
Adelaide at bottom of the unit market with steady rental vacancy trend: HTW

Adelaide is at the bottom of the market for the unit market, according to Herron Todd White’s latest market report.

The property advisory firm says that new properties are almost never sold at prices that exceeds their potential resale value.

Despite this demands for new units are fair with an increasing trend in new unit construction with volume of unit sales remain steady.

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Adelaide at bottom of the unit market with steady rental vacancy trend: HTW

The rental vacancy situation is a balanced market with a steady rental vacancy trend.

Other cities with a fair demand for new units include Sydney, Hobart and Canberra.

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