Adelaide is far more resilient for a number of reasons . The city is still affordable and as the Economist Intelligence Unit study can attest , highly liveable . While its liveability is not in doubt , the strong increase in pricing is making the city much more expensive . Unley Park , Adelaide ’ s most expensive suburb , saw its median jump by $ 1 million in 12 months to become the first suburb to hit $ 2 million . Overall the city ’ s median pushed up 30 per cent since the start of the pandemic .
For now , the market is set to show strength , at least for the first half of 2022 . The city is less sensitive to finance restrictions and talk of interest rate increases than bigger cities , and will further benefit from international borders reopening . Rents are set to see strong increases , particularly in areas that have been adversely impacted by closed borders such as units around universities .
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