The Realestate.com Property Outlook for October 2018

Home-Affordability

According to Realestate.com, the Top 10 most in demand suburbs in Australia feature both Crafers West and Aldgate in South Australia.  The median house price in Adelaide is $473,000 (up 5.1% on year on year growth).

Employment growth is well underway which could lead to a shortage of low cost investment properties.  However, premium suburbs are always a focus.

The Top 10 in demand suburbs for residential properties in Adelaide in order of demand are Stirling, Parkside, Aldgate, Unley, Goodwood, Crafers West, Hawthorndene, Belair and Bridgewater.

Can you imagine the rental returns plus increase in property values for these suburbs and how they would impact on your property portfolio?  Don’t miss out on purchasing residential property investments in Adelaide.  Talk to a Consultant at My Money House today.

 

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