Level 25, 2501/421 King William Street

March 2024 Property Update

March 21, 2024

Kite are consistently setting new sales records! A property appraisal is the first step to setting your new record.

The team at Kite Property has had a strong start to the new year! We’ve coordinated several highly successful campaigns that delivered outstanding sales results for both the vendors and purchasers of the properties featured within this monthly update.

We have seen a significant increase in sales activity compared to the same time last year, attributed to a surge in eager buyers who are ready to pounce on the market.

The continued upward trajectory of housing demand within Adelaide has been supported by high migration and the tight rental market, incentivising renters to transition towards home ownership if they can afford to do so.

The median dwelling value in Adelaide is now $709,000. According to a March 2023 report by PropTrack, Adelaide’s median dwelling value was at $648,000, representing an increase of $61,000.

So whether you’re looking to buy, sell, rent or have your property managed, our specialist team at Kite Property are here to help you make the most of this thriving real estate market.

If you have a home to sell or manage, call Kite today!

Get in touch with a property pro.