The South Australian property market’s long history of stability will save it from dramatic price slides despite the coronavirus crisis deepening, according to real estate experts.
While it won’t escape the fallout, experts predict the market will stay resilient and ride out the economic chaos.
Chief economist at realestate.com.au Nerida Conisbee said SA, notably Adelaide, had never experienced the sharp rises and falls of other cities.
“We don’t see that high volatility in Adelaide,” she said.
“South Australia, I see, is a relatively stable...