There are different reasons why real estate investing in a property in South Australia is smart and savvy. Among the most significant of these reasons is the fact that S.A stands as of Australia’s more affordable regions right now. While property investors are busy scouting out the likes of Sydney and Melbourne, these areas can be too expensive. As of right now, a South Australian property can secured for almost half the price. Let us look at some areas worth investing in.
Penfield
Penfield is a northern suburb of Adelaide in South Australia, it is located within the City of Playford. The western area of this region is primarily industrial, while the northern side sees the RAAF Base Edinburgh. Boasting a rich history, the area was first settled in 1850 by William Penfield. Land in the area was acquired by the government in 1940 to establish factories during World War II.
In the 2010s, the eastern part of this region was further developed for new housing. And in October 2017 the area was excised from Penfield and surrounding suburb of Eyre was created on the north side of Womma Road and western side of Stebonheath Road.
Nearby region, Eyre, is home to popular tourist location “Lake Eyre”, a stunning vast, dry region of salt which stretches across the South Australian Outback. This wondrous feature offers a landscape that merges beautifully with the horizon, making this region, and such surrounds, an hotspot for investment property.
Seaford Heights
Seaford Heights is a metropolitan suburb of Adelaide, South Australia. Growing in popularly and stature, it is located within the City of Onkaparinga. Its surrounding roads are Robinson Road to the north, Main South Road to its west. The area itself covers 77 hectares.
It comes positioned on a beautiful hillside which oversees the southern coastline of Adelaide. A stunning mix of housing and green spaces, the area is further developing community-driven amenities and a busy town centre.
Planned to become a master-planned community which shows off the greatest in diversity and environmental sustainability, it comes adjacent to south vales wine district, and is a short drive from nearby beaches. The newly development railway extension will stop at Seaford Shopping Centre, a 15-minute walk away.
Aston Hills at Mount Barker
A new kind of paradise that welcomes would-be investors; Aston Hills at Mount Barker comes as an exciting new master-planned community. Located in the middle of the Adelaide Hills, it offers a lush environment where amenities, services, rolling hills and open green spaces are literally at your doorstep.
The new Village Centre at Aston Hills will be home to cafes, a supermarket and several boutique shops, all within strolling distance!
Right across from the Village Centre will be the new Lutheran school. The new campus will stretch across 12.5 hectares of land will be within walking distance to all properties. A hotspot for education excellence in all facets, Mount Barker offers the best in childcare, schooling and adult education. The region also offers the best of other schooling, including TAFE and childcare.
Lightsview
A region designed purely for modern 21st century living – it all starts here. Lightsview has perfectly integrated plans for a future town centre, pedestrian linkages, public transport, cycling routes and 15 hectares of public reserves. If you want to be part of the region that will benchmark modern sustainable living along with a strong community – look no further.
As Lightview develops, and grows in prominence, more and more occupants will be treated to a suburb that offers anything and everything you could imagine! Just 8km to Adelaide’s CBD, you will be spoilt with all the entertainment you and your family could want.
Nearby suburbs include Burnside Village, Norwood Parade and Linear Park, while Northgate Shopping Centre is well within the vicinity. Stay green, and on top of your active lifestyle, with the future indoor recreation centre, which has been planned for the region.
Thinking of investing when you live out of state? Consider a property management company.
For more information regarding property investments, house and land packages, or design homes in South Australia, be sure to speak to one of our home building experts on 1800 184 284.
They are independent and motivated to see you achieve your property and investment goals. You can also book a call online.
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