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Adelaide Rental Market is quite Solid

Adelaide Rental Market is quite Solid
December 1, 2015 Rob Vukoje
Adelaide Rental Market is quite Solid

Good news… the Adelaide rental market vacancy rate in Adelaide has been at 1.9 per cent since June 2015, and rental yields at 4.2 percent (houses) and 4.7 percent (units).

More good news…. there are important benefits for the price competitiveness of SA economy
– Tourism
– International education
– Traded activities, including agribusiness, wine making and some manufacturing also set to benefit

Renovations activity has been estimated to have increased by 4.9% over the last 12 months.

Source of details: HIA Industry Outlook