Best suburbs to invest in Adelaide in 2020

Investing in property for the first time is a big step. There are many factors to take into account before investing, to ensure you’re able to make a low-risk choice and reap the benefits of high-value investment.

Knowing what to look for in a suburb can help you make the right choice: property prices, rental yield, and the likelihood of your property’s value increasing over time are all important things to take into account.

And if you’ve set your sights on Adelaide? Let’s take a look at the top ten best suburbs to invest in so you can make an informed decision about your Adelaide investment property. Using the latest data from realestate.com.au, our list is ranked based on the yearly median sale price, the year-on-year change in the median sale price, and the average rental yield for properties in these suburbs.





1. Hove, Average Rental Yield of 3.71%

Situated around 10km southwest of Adelaide CBD is Hove – the best suburb to invest in Adelaide for the year.

Hove has a median sale price of $852,500, giving it a whopping 31% increase in price since last year. The average rental yield for Hove is a tidy 3.71%.

living room interior

Hove is the best suburb to invest in for Adelaide in 2020. Picture: realestate.com.au

2. Glenelg East, Average Rental Yield of 3.57%

Just north of Hove sits Glenelg East coming in second on our list of top investment suburbs.

Glenelg East is certainly upmarket: the median sale price here is $925,000, and the year-on-year change in price is 28%. The average rental yield for North Adelaide is 3.57%.

living room kitchen

Water-adjacent Glenelg East is second on the list of best investment suburbs. Picture: realestate.com.au

3. South Brighton, Average Rental Yield of 4.01%

South again of Hove, the third-best suburb to invest in Adelaide is South Brighton, with a tidy rental yield of 4.01%.

The suburb is situated around 15km from the CBD. Living there costs an accessible $671,250, while the year-on-year change in the median sale price for the past year was a noteworthy 23%.

South Brighton facade

Homes in South Brighton attract a rental yield of just over 4%. Picture: realestate.com.au

4. Colonel Light Gardens, Average Rental Yield of 3.18%

6km south of the CBD is Colonel Light Gardens, an area popular with families with school-aged children.

The average rental yield for the past year was 3.18%, while the median sale price was $893,500. This gives the suburb a year-on-year change in price of 17%.

house facade for sale

Houses in Colonel Light Gardens had a median sale price of $893,500 in 2020. Picture: realestate.com.au

5. West Beach, Average Rental Yield of 3.50%

On the picturesque waterfront is West Beach, located around 10km west of the CBD.

The median sale price sits at $902,500, which is a significant 16% uplift from the previous year. The average rental yield is a promising 3.50%.

West Beach facade SA

West Beach is located around 10km from the CBD. Picture: realestate.com.au

6. Stirling, Average Rental Yield of 3.76%

Stirling, around 15km south-east of the CBD with an average rental yield of 3.76%.

The median sale price is $842,500, while the year-on-year change in sale price was 15%.

Stirling

Stirling’s median sale price was $842,500 in 2020. Picture: realestate.com.au

7. Blackwood, Average Rental Yield of 4.59%

Blackwood comes in seventh place for the best suburbs to invest in Adelaide. kilometres south of the CBD, Blackwood has a high rental yield of 4.59%.

The year-on-year change in rental price was 14%, giving the suburb a median sale price of $615,000.

Blackwood

Blackwood had a 14% change in the median sale price in 2020. Picture: realestate.com.au

8. Adelaide, Average Rental Yield of 3.96%

Right in the centre of things, the South Australian capital of Adelaide has an average rental yield on our list at 3.96%.

The median sale price is a very accessible $700,000, with a year-on-year change of 14%.

Adelaide facade

You can’t get much closer to the action than living in the heart of Adelaide. Picture: realestate.com.au

9. St Peters, Average Rental Yield of 2.65%

Ninth on the list of best suburbs to invest is St Peters, an inner-city suburb around 4km kilometres northeast of the CBD.

St Peters has a median sale price of $1,382,500, an average rental yield of 2.65%, and a year-on-year change in price of 14%.

St Peters facade

St Peters sits around 4km kilometres northeast of the CBD. Picture: realestate.com.au

10: Banksia Park, Average Rental Yield of 4.76%

Coming in tenth place for greater Adelaide is Banksia Park, a suburb around 20km northeast of the CBD.

The average rental yield is 4.76%%, with a median sale price of $452,500 making it the most accessible suburbs to buy in Adelaide. The year-on-year change in sale price is 12%.

The post Best suburbs to invest in Adelaide in 2020 appeared first on realestate.com.au.

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