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Adelaide

Adelaide
June 19, 2014 Simon Pressley

Adelaide is officially Australia’s most liveable city and home to 76% of South Australians. Key industries are defence force manufacturing, motor vehicle manufacturing (which is on life support), and agriculture (not a major employer). Development projects in Adelaide’s inner-city include a new hospital, redevelopment of the Adelaide Oval, and entertainment precinct. While housing is very affordable there is considerable new supply of new apartments. Adelaide’s property market is like its economy – uninspiring. Unless major job creation projects such as Olympic Dam are announced Adelaide’s property market will continue to perform below the national average.

Supply_AdelaideTop10_2014

Dwelling Supply & Demand

Building Approvals

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