Which Adelaide suburbs will deliver property investor gains in 2023?
Adelaide's real estate market has exceeded all the forecasts for 2022 but in a changing market, Shayne Holmes, Managing Director of Property Investment Coaching, identifies the suburbs investors should be looking at in 2023.
Shayne Holmes, Managing Director of Property Investment Coaching, identifies the Adelaide suburbs investors should be looking at in the year ahead. (Image source: Shutterstock.com)
The past year has been a story of two housing markets across Australia – while Sydney and Melbourne saw large price falls, Adelaide and Brisbane experienced large gains.
The latest data from CoreLogic makes this clear and shows that prices jumped 19 per cent over the past year in Adelaide, giving an average total return (inclusive of rental yield) of 23 per cent.
What explains this divergence between locations that experience the same interes…
