8 suburbs to watch this spring, in the Adelaide Hills & Fleurieu Peninsula.

With the South Australia keeping its foothold as one of the nation’s most stable property markets, potential buyers are starting to look around more seriously. As interest rates remain low and with property’s hottest month nearing (spring), the upcoming quarter is a great time to buy.

Date:

26-Aug-2020

Category:

Buying

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Author:

Amanda Smith

8 suburbs to watch this spring, in the Adelaide Hills & Fleurieu Peninsula.

With the South Australia keeping its foothold as one of the nation’s most stable property markets, potential buyers are starting to look around more seriously. As interest rates remain low and with property’s hottest month nearing (spring), the upcoming quarter is a great time to buy.

Recent figures earlier this year show the Adelaide Hills recorded its highest annual house price growth (8%). The average Adelaide Hills home sold for $586,179 but this isn’t to say you can’t find properties even more affordable than this.

Let’s take a look at Adelaide Hills house prices and what suburbs suit budgets under $500,000.

Adelaide Hills real estate gems

1. Mount Barker

The ‘city’ of the Hills has been booming for years. With capital growth, Mount Barker had its highest value property sales in 2019. Now is the time to invest in this region. It boasts a 5% median gross yield compared to the 4.24% national average.

2. Macclesfield

Only 15 minutes from Mount Barker, charming Macclesfield has a median house price of just $383,000. If you’re looking for that real Hills spacious living, consider ‘Maccy.’

3. Lobethal

Lobethal is home to older couples and families, but it’s attracting younger cohorts. It’s located in a gorgeous pocket of the Hills, close to historic sites, sporting grounds, and nearby ranges. The average property price is $377,500 but there are plenty of options below this.  

4. Carey Gully

Carey Gully, Uraidla, Piccadilly and Summertown are a cluster of growing towns in an enviable location. Shouldering Cleland National Park and hugging Greenhill Road, this area exudes ‘Adelaide Hills.’ It’s also not too far from the city – but you wouldn’t know it, with wine bars, woodfire pizza restaurants, and outdoor activity centres. 

Tempting Fleurieu Peninsula towns

5. Port Elliot

According to research, Port Elliot is the top coastal suburb typed into realestate.com.au for houses. The median house price is $495,000. While this leans on the higher side, it’s a great suburb to invest in, as beach houses are much sought after in this town throughout the warmer months.

6, Victor Harbor

The median house price, for one of the biggest towns along the Fleurieu Peninsula, is $370,000. Victor Harbor is home to a popular shopping precinct, events and tourist attractions with a strong retiree community.

7. Goolwa

If you’re seeking a sea-change, a beach house or a great investment property, explore Goolwa. With the median house price sitting at $319,000, it’s makes it easier to enter the Fleurieu Peninsula property market. The annual capital growth for Goolwa is 1.45%.

8. Strathalbyn

The historic Strathalbyn has a median house price of $384,166 – an affordable option, compared to Currency Creek’s average $700,000+ home. There’s only one, tiny town between these two ‘Strath’ and Currency Creek.

Strathalbyn is an attraction in itself, but day trips are part of the lifestyle, with Goolwa Beach less than 30 minutes away.

If you’re getting ready to buy a house, book an appointment with our real estate agents. We don’t just know this region – we all live here and understand the personality and potential of each town. Contact us direct here or fill in this enquiry form.

Meet in Mount Barker, then onto Macclesfield first?