The South Australian property market continues to hold firm against the winds of economic uncertainty, high inflation and high interest rates by smashing the median price record once again.

The results showed that South Australia posted a 2.40% median house price increase from the previous quarter and an 11.11% increase from the same quarter last year.

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PANORAMA 2024 September Quarter

The South Australian property market continues to demonstrate its strength and resilience by once again posting record median prices of $723,000 and $800,000 across South Australia and metropolitan Adelaide respectively.

The results showed that while the high interest rates and the traditionally slower third quarter had impacted upon the volume of sales…

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