Adelaide is locally known as the ‘city of churches’, with a population of just over 1.3 million people, it is Australia’s fifth most populated city. Adelaide’s CBD is laid out in a grid and features, large public spaces and is surrounded by parks and gardens. It is a quieter city than Australia’s other capitals, but still hosts many festivals and sporting events.
Adelaide’s Top Performing Agents
The top performing agent in Adelaide has had 25 sales in the past 12 months in the city, with an overall total sales of 35 properties and a combined sales amount of $17.5 million. He specialises in selling CBD property and has done so for over 10 years. His sales have come from mostly apartments, but also some townhouses. Certainly, if you are looking to sell a property in the centre of Adelaide this would be the agent to contact.
State of Adelaide’s property market
Adelaide has the lowest median property price in mainland Australia, with a figure of $415,000. Several companies have closed their doors in Adelaide, making property grow at a very modest rate. The state government has introduced some reforms to help bolster the market, including an abolition of stamp duty on commercial property and concessions being given on stamp duty for of the plan purchases.
Best Places to Live in Adelaide
North Adelaide is a popular area to live. It is close to the centre of the city, it has a range of different housing options and has train line going to the area. Some of the suburbs include: Medindie, Prospect and Walkerville. The area has some of the city’s best schools such as Wilderness School in Medindie and St Andrews in Walkerville.
To the east of Adelaide lies the suburbs of Burnside and Kensington Gardens. These areas are well known for their wide, leafy streets. The area is great for families.
The suburb of Brompton is an area where young people and university students are drawn to. There are many cheap bars and restaurants in the area, and there are plenty of public transport options available.
West of Adelaide, you have the beach suburbs of Glenelg and Brighton. Train, trams and buses serve these areas and is a great option for people looking for a beach lifestyle, with an easy commute to the city.