Adelaide comprises of over 1,278 real estate agents and 452 real estate agencies, and choosing the right individual to sell your property can be challenging. Which Real Estate Agent helps sellers make an informed decision by comparing all Adelaide real estate agents within your property’s immediate surrounds and outlines the following information in an unbiased and free report.
Companies have good and average employees and real estate is certainly no different. We analyse all individual agents so you know exactly which agent to approach. Our report highlights those who sells:
Select Selling or Renting (in map) to show correct type of commission rate for your situation.
The figures shown are an average. Agents charge different amounts based on a range of factors including property, price and likelihood to sell.
The chart below is updated daily and is current to 29th March 2017.
In their last yearly property market update, issued January 2014, RP Data provided the following summary of the Adelaide real estate market. We update this section every January, when the new report is issued.
“Home values in Adelaide increased by 2.5 per cent over the 12 months to January 2014 which was the second lowest rate of value change of all capital cities.
House values rose by 2.9 per cent over the year compared to a 0.7 per cent increase over the same period in 2013 and unit values fell by 1.8 per cent over the past year compared to an increase of 0.4 per cent in 2013. The result indicates that although value growth is stronger in 2013, the rate of capital gain is not particularly strong. Values are trending slowly higher across Adelaide however, house values at the end of January were 2.0 per cent below their previous peak and unit values were 8.9 per cent lower that their previous highs.
Over the past 15 years, Adelaide home values have increased at a compounded annual rate of 7.9 per cent. Breaking this result into five year increments indicates a sharp slowdown in value growth over time. Between January 1999 and January 2004, home values rose by a total of 107.6 per cent compared to 40.3 per cent between January 2004 and January 2009 and an 8.0 per cent increase between January 2009 and January 2014.
Adelaide has seen a fairly mild pick-up in transaction activity to date.
RP Data estimates that over the 12 months to December 2013 there were 19,518 house sales and 6,157 unit sales across Adelaide. House sales are 9.7 per cent higher than they were at the end of 2012 and are currently at their highest level since November 2010.
Unit sales are at their highest level since August 2011 and have risen by 13.6 per cent over the past year. Sales volumes across the city are increasing at a fairly moderate rate which is similar to the slight pick-up in home value growth across the city.
Rental growth stalls over the second half of the year.
Adelaide house rents increased by 1.8 per cent over the 12 months to January 2014 to a record a median rent of $367 per week. Unit rents increased by 1.4 per cent to record a median rate of $312 per week. Rental growth over the year was slightly lower than the rate of growth in house values however, unit rental growth was stronger than unit value growth.Over the five years to January 2014, house rents have increased at an average annual rate of 3.1 per cent compared to 2.9 per cent for units, which indicates rental growth in 2013 was at a below average level. At the end of 2013, house rental yields in Adelaide were at the same level as they were 12 months earlier, 4.3 per cent. Unit rental yields edged slightly higher over the year, rising from 4.7 per cent to 4.8 percent”
For more detailed information by Adelaide suburb, click on your suburb link below.