Adelaide property market a no-go zone for investors

The Adelaide property market is still on a downward swing and the future does not look bright for Adelaide property investors.  A recent “property round-up” report from Australian Property Advisers and valuers HTW said the market could have further to fall with demand being soft and housing and unit sales declining. HTW predicted “limited growth in the next 24 months”

The recent cancellation of BHPs $30 billion Olympic dam expansion will not help things.

HTW reported that Adelaide and Canberra are the only two Australian capital cities still in decline while others are all showing positive growth signs.