Adelaide's housing developments have substantially increased south of Adelaide CBD and in to the Adelaide Hills which is connected to the metropolitan area by a multilane freeway providing rapid access.

An extensive public transport system with rail to the south and north / north west and a world class bus system to the west, east and north east of Adelaide CBD enables easy travel anywhere in Adelaide.

Property prices are relatively low compared to other Australian capital cities. Suburbs located on or near the beach are very affordable considering these properties usually command a higher value. Inner city living is also affordable with some suburbs yet to experience the increase in value other Adelaider inner city suburbs have seen.

Increases in the interest rate will not restrict Adelaide or South Australia property market due to the current (2007) low cost of housing, but will be a factor as prices and values increase.

Market sentiment for real estate is expected to increased with activity in the mining industry and flow on effects to other industries.

A number of Adelaide suburbs have experienced increases of over 100% in the value of property during the last year. Selected beach side suburbs and inner city suburbs are the most sought after and have experienced the greatest increases in value however many other suburbs located near the beach and city are under valued.

Regional South Australia cities and town have increased more than Adelaide. Towns located near major mining, expoloration and infrastructure projects and coastal locations have increased the most. With these location being a short drive from Adelaide and a number of retirees opting for a country side coastal location, real estate values and market prices have been increased proportionally.

Summary: Increased real estate values for Adelaide. Sustained values in South Australian country side towns especially costal locations.

Factors Against: Economic boom doesn't eventuate, sharp downturn in commodity prices / share market. Rapid short term rise in real estate values.

Factors For: Predicted 5 year plus economic boom, Increase demand for housing from overseas and eastern states perons for employment, continuing skills and employment shortages. Relatively cheap availability of housing especially in prime locations and suburbs.

Adelaide Real Estate information on Biding.Com.Au

371 Adelaide Suburbs

0 South Australian Country Side Towns and Cities

Last Updated: November 2007 - Next update due July 2008.

Note: Suburb information should be used as a guide only and may vary between updates. For current data for a particular suburb or country location please contact one of the listed Real Estate Agents which specialise in that location

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