Invest in Adelaide
Here’s Why Adelaide is a Great Place to Invest
When it comes to investment opportunities, Adelaide has always been a great place to look. Whether it’s business investments, with our low labour costs, or investment properties, with our median house price amongst the lowest capital cities in the country, Adelaide has it all.
So what makes Adelaide so appealing? Why should you invest here, in the heart of South Australia? And what suburbs are the best places for your investment property?
Adelaide, a most liveable city
Consistently ranked in the top 10 liveable cities, Adelaide is well known for its culture, stability, healthcare innovation, environmental practices and solutions, education and modern infrastructure. While life in Adelaide doesn’t move as quickly as it does in other Australian capital cities, there is stability. Rather than move about frequently, Adelaideans are more confident in their situation and calm with their investment strategy.
Compared to other Australian capital cities, a relatively low cost of living and competitive labour costs make Adelaide, a strong contender for your investments. Combined with easy commutes, reliable, fast public transport, and some of the best infrastructure in the country, it’s a great place to live and work.
Australia’s fastest-growing city
With recent large public and private investments, attractive low property prices, and strong performance through the pandemic, Australians and even immigrants from all over the world are looking to Adelaide as the place to build their lives.
Adelaide is a Golden Opportunity for Investment
The Adelaide property market is a great place to grow your investment portfolio. With low vacancy rates and a high median rental yield, there has never been a better time to invest.
Because of Adelaide’s significant infrastructure investments, steady defence project employment, and liveability, there’s a wide range of properties to invest in. This leads to very competitive interest rates and high rental yields. Due to the steady performance of the region and the excellent price growth in recent years, forecast to continue, the Adelaide property market has attracted many investors over the past few years.
With labour costs well below the Australian average, affordable office space leasing, and well-positioned industrial land, the city is ideal for your business investments. The city’s location is well positioned to do business across the country and with the airport close to the CBD, it’s also convenient for business trips.
Where should you seek investment properties?
Finding the right property for your investment portfolio is a matter of careful speculation. Predicting what suburbs will grow the fastest can be challenging to assess, and it will also depend on what type of investment property you’re looking for.
Finding a property near the CBD might not be ideal if you seek a holiday home for short-term rentals. South of Adelaide and suburbs on the gulf offer huge benefits to tourism and holiday-goers and can be a fantastic investment.
It’s a good idea to pay attention to continuing developments in infrastructure projects around Adelaide also. The Torrens to Darlington corridor, set to be complete by 2030, is expected to reduce travel time by 24 minutes. Not only are the suburbs that benefit from this development going to see increases in value over this time, but the expected 4,000 jobs created by the project will also improve your investment.
Take control of your finances
If you’re interested in taking advantage of Adelaide’s great investment opportunities, talk to a financial specialist who understands the region. Discuss your options to find the best interest rates to fit your investment journey.
Need some Advice about loans?
A mortgage broker can help you find the right loan and secure the finance that’s most suitable for you. It will also ensure you avoid making mistakes.
Any questions about this blog or questions regarding loans, contact Annette Tothill on 0420 973 551.