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A leading real estate agent believes professionals, ‘old money’ and expats will position Adelaide’s property market for solid growth in the coming period.
document.addEventListener('DOMContentLoaded', (event) => { window.dataLayer = window.dataLayer || []; dataLayer.push({ 'event': 'articleTags', 'article_tags': ['Breaking News'] }); });According to Toop & Toop’s Anthony Toop, the top end of Adelaide’s housing market was leading the charge in the softening market, The Australian Financial Review reported today.
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“I’ve worked through three recessions and my theory is that anything related to health and government-funded professions will reassert its influence on the top end,” he said
Mr Toop said expatriate interest and a substantial amount of ‘old money’ would also see Adelaide remain a strong market.
“As soon as all the ducks line up again Adelaide should absolutely take off, but in the meantime it’s a great opportunity now,” he said.
