As we round out 2022 we’re almost at the end of the Spring Real Estate Sale Season and the results are very interesting. Landlords continue to assess their options given the cycle of high capital growth is coming to a close but rental yields continue their upward trend. For the twelve months to November 2022, rental rates have increased 12.8% in Adelaide and so it will be interesting to see if investors are keen to realise the growth of the past three years or choose to hold properties and enjoy the higher rental rates. Either scenario isn’t great for tenants struggling to find rental properties at reasonable prices.
This blog That’s a wrap from our sister company Eckermanns summarises the 2022 calendar year for real estate in South Australia.