2022 Adelaide Property Investment Guide

The city of Adelaide has seen remarkable growth in the property market over the past year with a 25.8% increase in housing prices according to CoreLogic. Yet it is still highly affordable. With many states seeing growth reduce to a steady pace, many investors are wondering how one of the world’s most liveable cities will fare as the country reopens to the world, tourists and migration.

So what are the trends you should be keeping an eye on and what tips do the team at Ironfish have for those interested in property investment in Adelaide?

Is now the time to buy in Adelaide?

Adelaide has long been heralded as one of the world’s most liveable cities, with its excellent lifestyle, education opportunities and sustainability credentials. It’s also in part due to its affordable housing market. With the most affordable unit market in all 6 of Australia’s largest cities and second-most affordable when it comes to purchasing houses – it’s clear that Adelaide offers a unique opportunity for property investors.

Having a relatively small population size when compared to our other capital cities, Adelaide is a popular choice for families, students and those that favour a less high-paced lifestyle. Boasting a vibrant food and wine scene as well as quiet coastal living, Adelaide has a lot to offer potential residents. This coupled with future infrastructure and innovation plans will likely lead to an influx of migration to the festival state.

Some external factors that will likely have a flow-on effect on the Adelaide housing market include the anticipated Interest rates rise due later this year. This has already begun to impact the construction industry due to inflated costs of materials and production, with experts predicting a housing shortfall by 2032, giving long-term investors a great opportunity to invest today for future price growth potential

Where to buy an investment property in Adelaide

The talented team of property analysts at Ironfish are continuously researching the latest trends to be able to assist our customers in building a successful portfolio that holds a diverse range of properties. An investment property in Adelaide is an excellent addition to a well rounded portfolio. With the tightest rental market in the country, investing in an Adelaide property could promote good quality cashflow and further rental growth.

Some of the key areas to look out for are:

• Affordability and location

There are a multitude of affordable house and land opportunities available, choosing one in close proximity to public transport and major road networks will be key to investment success

• Lifestyle

With regular festivals and quality food and entertainment venues in the CBD, as well as coastal properties and popular winery locations, lifestyle destinations are common in Adelaide. Boutique apartment buildings in these areas are popular and will likely offer a myriad of rental options.

There are many things to consider when looking at investing in the Adelaide housing market – the team at Ironfish are here to step you through this and offer the latest trends and information to make an educated decision.

View our Australian city guides.

For more information, view our comprehensive analysis of the coming trends. Download our 2022 Guide to the Property Market.