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Adelaide’s residential property sector is the fastest growing capital city market in Australia, RP Data’s 'Property Pulse' revealed yesterday.
According to RP Data, Adelaide recorded the highest number of top growth suburbs (12) in the data provider’s top 50 suburbs and regions for capital growth.
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Values as a whole grew by 29.5 per cent in the last year.
Despite achieving rapid rates in growth, RP Data’s national research director Tim Lawless said Adelaide still remained the country’s most affordable capital city.
Other areas making the top 50 list included many seaside towns along central and northern Queensland and resource-intensive areas like Kalgoorlie and Whyalla.
Published: 18-04-08
