00:01A slow start to a Monday afternoon inspection in Adelaide's eastern suburbs.
00:06We've certainly seen a small decline in the number of people through opens.
00:10Coinciding with cotality data released on Monday, showing a 0.2% drop in prices in SA's capital city.
00:18Real estate agents say the interest in homes has fallen more than expected during winter.
00:23Perhaps people have sat back and waited to see what happens.
00:28Adelaide's median house price now sits at more than $944,000 ahead of Canberra, Melbourne, Hobart and Darwin.
00:36As for what you can buy for that price near Adelaide's city centre?
00:39It would be difficult to find properties at that level.
00:42Some people are finding that they need to go out a little bit further to find the properties that will
00:46fit into their price categories.
00:47Some first home buyers, like 31-year-old Dylan Gourlay, have chosen to build in Munnopara in the northern suburbs.
00:53Without the first home owners grant and the schemes from the government, we wouldn't have been able to build our
00:59first home.
01:00Those first home buyer concessions only available for new builds in SA, unlike in some other states which allow savings
01:07on established homes too.
01:08It's a stupid thing to do. Other state governments shouldn't do it.
01:12SA's housing minister says the only thing that will fix the housing crisis is new homes.
01:16From Monday, first home buyers will have exclusive access to 34 blocks in the Play for the Life precinct.
01:23It's really important that young people, first home buyers, don't lose hope.
01:28While these figures may offer some relief to home buyers, it's worth keeping in perspective that Adelaide's median house price
01:33has risen by 110% over the past decade.
01:37...and we'll need to get the money, of course, to pay the money or cash they'll use.
01:37...and we're gonna get the money.
01:37...and we're going to get it away, if that's why...
01:38...and we're doing the money.
01:39...and we're going to have some really good magic.
Comments