Suburbs in northern Adelaide emerging as investor hotspots

These hotspots typically exhibit a combination of three key factors: robust population growth, existing and promised infrastructure, and a stable job market to support the growing population.

Adelaide's property market has displayed remarkable resilience, consistently outperforming other states, and now the spotlight is firmly fixed one region in particular, the North of Adelaide. Driven by its extraordinary population growth rate, which more than doubles the national average, as well as its well-established infrastructure and abundant employment opportunities, this region has given rise to three investment enticing investment hotspots.

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Here are the Adelaide suburbs ripe for investment:

Virginia: With its projected annual population growth rate of 8% until 2041, robust existing infrastructure, a median house price of $630,000, and a low vacancy rate of just 0.48%, resulting in attractive rental yields, Virginia shines as a compelling investment opportunity.

Munno Para West: With a median house price of $450,000, an impressively low vacancy rate of 0.71%, and a billion-dollar development project scheduled for completion in 2027, this suburb presents strong opportunities for investors.

Angle Vale: Boasting a projected annual population growth rate of 11% until 2041, an average property price of $745,00, and an incredibly low 0.34% vacancy rate, this suburbs appeal is undeniable. Benefiting from existing and planned infrastructure, including medical centres, schools and the northern expressway, Angle Vale presents an exciting investment opportunity.

Virginia, Munno Para West, and Angle Vale represent thriving suburbs poised for sustained expansion. If you're seeking to maximise your investment potential, these suburbs undoubtedly warrant a closer look.

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