Herron Todd White property clock ranks Adelaide as rising market
The latest Herron Todd White property clock for October is released and has Adelaide as a rising market. There are significant opportunities to purchase in the current low market with good returns and capital growth prospects over the next 3 years. https://pbs.twimg.com/media/CSUHZ9aUYAArfy5.png:large
Aldinga Beach in the news as one of Adelaide's hottest suburbs
Adelaide Now newspaper has Aldinga Beach in a feature article as one of the hottest suburbs in Adelaide due to the recent duplication of the Southern Expressway. According to CoreLogic RP Data, Aldinga Beach currently has a median sale price of $330,000, – well below the state median of $429,000. http://www.adelaidenow.com.au/realestate/news/aldinga-beach-delivers-home-buyers-affordable-coastal-lifestyle-not-far-from-adelaides-cbd/story-fni0ci8n-1227612208077
Sydney property buyers turn to Adelaide as they sacrifice capital growth
Adelaide invstment in the Australian Financial Review today. Exasperated by the sharp run-up in residential property prices in Sydney and Melbourne, some buyers are turning their sights to the inner ring of suburbs up to 10km from the Adelaide CBD. They are prepared to accept that capital growth over time is likely to be more subdued than the eastern states high-flyers which are now experiencing a levelling off, but are enticed by average gross rental yields of 4.1 per cent f
Adelaide Inner Suburb Performance
Adelaide Inner Suburb Performance - courtesy Corey Batt (Precision Funding)
Prospect is a great example of an Adelaide suburb showing strong demand, but we've had a lot of others mentioned so I thought I'd pull the data for a few areas which are being commented on the forums quite a bit.
Linden Park
Oct '14-Sept 15: +6.2%
Oct '13-Sept 14: +12.3% Norwood
Oct '14-Sept 15: +9.3%
Oct '13-Sept 14: +8.4% Unley
Oct '14-Sept 15: +12.2%
Oct '13-Sept 14: +10.1% Nailsworth:
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