Adelaide delivering investment value around $500,000 mark
A high proportion of Adelaide's top 10 suburbs for property price growth are valued around $500,000, a market segment identified as a key target for property investors in the South Australian capital.
Adelaide offers property investors and first home buyers alike the chance to live reasonably close to city or beach for just $500,000. (Image source: Shutterstock.com)
Positioned as one of Australia’s most affordable cities, Adelaide punches well above its weight for dwelling value growth, while promising solid windows of investment opportunity in the $500,000 market, especially to the city’s north.
Unlike the wider national market, Adelaide’s July monthly property price growth accelerated (up 1.4 per cent) and set a new record high for median dwelling values (at $671,755). Home values nationally
have remained…
