Market Analysis "Last financial year sure cast some doubt and uncertainty in the market. Interest rates continued to rise, affecting cost of living, loan serviceability and rental yields to increase. Surprisingly, the Adelaide market showed resilience with capital growth of 13.9%. Given the median sale value in Adelaide in comparison to other states, a surge from interstate investors, coupled by a low level of supply drove the Adelaide market across the board. Adelaide is continuing to prove its great place to be, and we personally feel a great level of confidence heading into the new financial year." Kosta Zaharogiannis Evandale • Properties sold: 9 • Median sale value: $1.42M • Change in median value (12 months): 18.9% Maylands • Properties sold: 22 • Median sale value: $1.52M • Change in median value (12 months): 14.3% Stepney • Properties sold: 15 • Median sale value: $1.43M • Change in median value (12 months): 16% Market Review.
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