08-11-2009
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 | Administrator | | Join Date: Apr 2009 Location: Geelong
Posts: 478
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  Adelaide house values soar
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Originally Posted by adelaidenow.com.au ADELAIDE houses have jumped the most in value of any Australian city, except for Perth, in a decade with the average home worth almost $250,000 more than in 1999.
The first review of property prices between 1999 and 2009, based on Valuer General figures, show sale prices for the whole state have soared an average 190 per cent.
This is compared to the sharemarket which rose 143 per cent over the same time.
The booming decade also saw the first Adelaide suburb break the million dollar average mark Unley Park in 2005.
Overall, the hottest properties were located predominantly in Adelaide's northern suburbs. | AdelaideNow... Adelaide house values soar |
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