Top 2 South Australia investment suburbs for 2015
Marden
Selected by Michael Fuller
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“The long, dry patch in terms of growth seems to be about to end” for Marden, according to Michael Fuller. He says the suburb recently experienced “a perfect auction clearance rate” as well as “very high rental growth over the past 12 months and a large number of people showing interest in the market compared to the number of properties available” – which all points towards imminent capital growth.
Salisbury
Selected by Margaret Lomas
Low land supply is set to drive prices higher in this northern suburb of Adelaide, according to Margaret Lomas. Salisbury also has strong rental yields, and investors could secure themselves solid returns if they buy in the mid-$200,000s, she says. Ongoing gentrification in the area will also boost its appeal and property prices.
Find out what other suburbs from across the country are set to offer investors the biggest rewards:
Top Victoria investment suburbs
Top Queensland investment suburbs
