Valuer General Info Shows Adelaide Median House Price Surge: 2009

Clarence Gardens and Dover Gardens in Adelaide’s west, and Burton, in the north, also made the list with median value increases of more than 20 per cent.

The list included suburbs where 10 or more sales were recorded in the quarter.

The Valuer-General figures are considered more statistically reliable than research released by other groups, because it includes all sales (not just the reported ones) and sale prices.

Unfortunately the VG figures are released much later than statistics compiled by groups including Australian Property Monitors, Residex, RP Data and the Real Estate Institutes.

According to the VG, South Australian rural median values rose 2.04 per cent to December, while metro units rose 3.10 per cent.

 

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Marc Pallisco

A former property analyst and journalist, Marc is the publisher of realestatesource.com.au.

Marc Pallisco

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