7 upcoming suburbs in the Adelaide Hills to consider investing in

While property growth is plateauing across our eastern suburb neighbours, it’s hot in the Hills… yet still one of the most affordable cities to buy in Australia. But, this is set to change in future, with major developments and new industries choose Adelaide as their headquarters… and we all know where they’ll come for the lifestyle factor.

Date:

02-May-2019

Category:

Buying

Tags:

Author:

Amanda Smith

7 upcoming suburbs in the Adelaide Hills to consider investing in

While property growth is plateauing across our eastern suburb neighbours, it’s hot in the Hills… yet still one of the most affordable cities to buy in Australia. But, this is set to change in future, with major developments and new industries choose Adelaide as their headquarters… and we all know where they’ll come for the lifestyle factor.

If you’re thinking of buying a house in the Adelaide Hills, here are a few suburbs to peruse properties in.

1. Crafers

This ‘oh-so-Hills’ region is the most-searched suburb in the entire nation. Why? It’s nestled on the shoulders of the Adelaide foothills, so it has the perfect blend of city proximity and Hills energy.

2. Aldgate

A popular family suburb for those living in the Adelaide Hills, Aldgate has a humble, country-cosmopolitan charm. Only a few minutes from Stirling, it’s well-connected to the freeway. You wouldn’t know it, as you weave the tree-lined stretch of roads, for home. Aldgate is nestled next to Heathfield, another rapidly growing Hills address.

3. Mount Barker

It’s always a good idea to look for an investment property in areas shouldering ‘hotspots’. The constantly-growing Hills’ hub, Mount Barker, is a popular choice. While the medium house price in Crafers and Aldgate hovers around $700,000 - $850,000, Mount Barker is nearly half of this, at $406,000, and only a 15-minute drive away.

4. Littlehampton 

You can land an investment property for just shy of $400,000 in Littlehampton. In under 10 minutes, you’ll be in the heart of the Hills (Mount Barker) and in 20 minutes, at the tollgate. Who said you have to choose between location and price, when investing?

5. Nairne

Add another five minutes onto your drive and property drops to around $365,000 at Nairne, where a three-bedroom property still commands just under $350 per week in rent. As the Mount Barker ‘CBD’ extends out, Nairne will only become more desirable in the years to come.

6. Balhannah

On another drive of the Hills map, you’ll find Balhannah, boasting 3-bedroom properties listed around the $450,000 - $515,000 mark. It’s a high-demand area with over 1,695 visits per property (compared to the state average of 759 visitors).

7. Mylor

Humbly hiding behind Aldgate and Heathfield, the quaint little township of Mylor has just recorded an annual change in dwelling value between 28.5% to 47.7%.

While these towns are certainly front-runners when it comes to growth, you can’t really go wrong investing in the Adelaide Hills. As a whole, the region offers lifestyle, big houses (on large blocks), and proximity to the city. There’s your recipe for a solid investment.