MARKET / TOP PRICE GROWTH SUBURBS

When you buy a property there are two major factors for consideration: the lifestyle on offer, and the price growth of the area for future resale.

You want to love the property you are in and enjoy all the area has to offer, but it is also important to ensure other people will share this love. Take into consideration cafes, parks, school zones and proximity to the CBD, because whether you plan to resell within 12 months or not for 20 years, you want to make money on your investment.

    
Let’s take a look at Adelaide’s top suburbs for price growth between May 2017 – 2018*.

HOUSES:

The beach is the winner here! Your beach investment is probably working harder an you, with Glenelg South experiencing a median house price rise of $440,000, reaching an incredible $1.4 million median house price.

Take a look at the top 10 growth suburbs and be amazed by just how much the median price increased over 12 months:

1. Glenelg South – $440,000

2. Dulwich – $288,000

3. Royston Park – $287,500

4. Kensington Park – $285,000

5. Hazelwood Park – $267,250

6. Walkerville – $264,000

7. Malvern – $232,500

8. Gilberton – $222,500

9. Norwood – $190,500

10. Unley Park – $179,500

 

UNITS:

Once again, people love the ocean! Semaphore experienced a median unit price rise of $132,500, growing to $365,000.

1. Semaphore – $132,500

2. North Adelaide – $105,000

3. Eastwood – $83,500

 

Your property is a big asset, and you reap the financial rewards of suburb growth!

   .

*Data: http://bit.ly/2J9xmqB

Photos: Properties sold by Harris Real Estate in Glenelg South

STATEMENT / SPLASHBACKS

Picking a splashback for your kitchen can be a daunting task however it is also an opportunity to add some colour and character to your space. Being such a large surface, you want to ensure it flows with the rest of the ...
Full Story

SAVE / FOR YOUR HOME DEPOSIT

Saving for your first home deposit can be daunting, especially as the cost of living is continuing to rise in Australia. But it is possible to put away an amount every week and reach your goal. A well thought out ...
Full Story

STOP TOSSING YOUR CLOTHES ON THE FLOOR & READ THIS

LIST  Before you start tossing clothes all over the floor, it is a good idea to go through what you really need and then what you actually have. List the staple pieces that you wear religiously, any items that may need replacing ...
Full Story

SPOTLIGHT / THE ADELAIDE CENTRAL MARKET

If you’re looking for the most delicious and the highest quality South Australian produce around, look no further than the Adelaide Central Market. 148 years young, the Market is home to over 80 traders under one roof. There is nothing ...
Full Story