Adelaide values continue to trend higher but the rate of growth is beginning to weaken.
According to the latest data from CoreLogic Australia, Adelaide values continue to trend higher BUT the rate of growth is beginning to weaken (0.7% growth over the last 12 months, down from 5.4% growth only a year ago).
In a trend which has been observed in the Eastern states for almost 12 months already, Adelaide is only now starting to return to the more sustainable pace it has generally been known for.
Check out all the data and commentary from CoreLogic's Tim Lawless in the August 2018 Property Market Update for Adelaide below.
With lending still difficult for many investors and growth rates easing one could argue we are witnessing the end of the current market cycle. For those with a long-term view and an appetite for investment now could be a great time to seek out your next opportunity!