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Local property market update: Values are rising in the Murraylands

Raine and Horne Murraylands’ Michael Cox and Casey DeMichele debut a new monthly real estate feature in Murray Bridge News.

Peri Strathearn

Aug 3, 2022 — 2 min read

This sponsored post is brought to you by Raine and Horne Murraylands.

Making up the experienced team at Raine and Horne Murraylands are Ebony Fischer, Meaghan Watkins, John DeMichele, Michael Cox, Casey DeMichele and Emma Weckert; and Jo Grosser, Milaina Gregory, Kim DeMichele and Bridie Pratt. Photo: Peri Strathearn.

If you want to know all about what’s happening in the Murraylands’ property market, you’ve come to the right place.

Each month, starting today, John DeMichele and his team at Raine and Horne Murraylands will present a regular update on local market trends for property owners, buyers, sellers and renters.

The good news: our region remains a solid investment.

Senior property consultant Michael Cox said the local market was bucking the doom-and-gloom trends being reported in national media.

“For us in the Murraylands, it’s even better than in Adelaide,” he said.

“There’s still a lot of positivity and continued growth, and we’re getting a lot of enquiries and offers.

“There’s a lot of doom and gloom with regard to power prices, fuel, interest rates and so on; but property values are holding up well.”

A relative shortage of homes, and the coming re-opening of Thomas Foods International, meant demand was strong and likely to remain that way.

“That’s only going to drive prices up,” he said.

In such a market, sales consultant Casey DeMichele said, it was important for buyers to get all their ducks in a row early, including financing.

That would put them in the best possible position when the right home came up for sale.

Stats for July at Raine and Horne

Five settlements
Eight new listings, including four already under contract

More information

The team at Raine and Horne Murraylands are here to help you with advice on any real estate matter.

Visit www.raineandhorne.com.au/murraylands, call 8532 3833 or drop into the office at 4 Seventh Street, Murray Bridge.

Interested in advertising with Murray Bridge News? We can help you connect with thousands of highly engaged local people every week. Call Peri Strathearn on 0419 827 124 or email peri@murraybridge.news.