Sales data for the Limestone Coast shows the overall real estate market remains robust.
The Real Estate Institute of South Australia has commented on the figures in the first half of this calendar year.
“The regional areas of South Australia have maintained their strong performance in the real estate market, with all areas experiencing positive growth at an average of 3.8%,” stated the industry body.
“The Limestone Coast has accelerated significantly, from 0.1% in the previous six-monthly report to 5.7%.
“The performance of regional South Australia is reflective of the broader trend seen in metropolitan Adelaide, as consistent and stable growth returns.”
The REISA also quoted data for the larger population centres in the Limestone Coast and the market varies.
There were 12 houses sold in Millicent in the June quarter with a median price of $260,000.
Mount Gambier recorded 111 sales and a median price o $410,000 while 21 houses changed hands in this period at Naracoorte with a median of $360,000.
