The Adelaide Property Market is booming
Invest in Adelaide Property
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* When buying an Adelaide Investment Property from My Money House
When you purchase a My Money House Adelaide Investment Property you will received 1 FREE year of property management (Valued at $2,000).
- Understanding property as an investment and implementing a success strategy at the beginning.
- Setting a budget and understanding your financial capacity.
- Researching and understanding the property market including picking trends in the buying/selling cycle.
- Understanding the numbers including costs, positive cash flow, negative gearing, equity and tax benefits.
- Appointing your team including your mortgage broker, property specialist, property manager, accountant and insurance specialist to save you time, money and reduce your risks.
- Building a property portfolio especially for you.
This report outlines the hotspot suburbs as:
- City of Port Adelaide Enfield promises to be the key area of Adelaide for jobs generation due to the Navy vessel construction contracts and the relocation of 500 public servants.
- The City of Marion is a middle-market area, with attractive pricing compared to Sydney and Melbourne and ranks ranks among the nation’s strongest markets for the number of growth suburbs.
- Playford in Adelaide’s north is SA’s fastest-growing suburb and has one of Adelaide’s most active property markets with affordable prices and low vacancies.
- Onkaparinga has improved transport links and a boosted property market.
- Salisbury’s jobs and economic growth in northern Adelaide has exceeded state averages in the past 20 years and is one of Australia’s fastest-growing economic regions.
Inner city properties are significantly increasing in price which is a good sign the rest of Adelaide will follow. The Adelaide city average house price on the 8th of October at Realestate.com is $611,000. There have been low vacancy rates and high rental yields as reported by News.com .
Infrastructure spending under the Federal budget will be:
- SA $1.1 billion health package.
- New Adelaide Women’s Hospital to be built for $528 million.
- The launch of a new $200 million “future jobs fund”.
- $550 million energy plan to reduce electricity costs.
- $40,500 is on offer to first home buyers moving to the CBD.
- $1.8bn for road upgrades including $1.4bn for the north-south corridor in Adelaide.
- $500 million in upgrading the Adelaide ship yard.
- Over $60 million in establishing a Naval Shipbuilding College.
- The Pelligra Group has purchased the old Holden Plant and plans to establish a Business Park.
- The old Mitsubshi Plant has been repurposed as an Innovation Hub and Flinder’s University with new residential properties surrounding the area.
At My Money House getting to know your finances, goals and family while supporting you every step of the way is what drives us.
From our initial meeting, to helping you devise the right plan, to securing the right property, to looking after your taxes, insurances, property management ensures you can live your life to the fullest and on your terms.
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About My Money House
Simon and Andrew have grown the MMH group of companies into a truly unique business. Its fully integrated approach covers everything from financial services, real estate, property management and development to accounting, financial planning and insurance.
