Why invest in towns in the Adelaide Hills
Mount Barker is set to become South Australia’s second biggest city – and part of one of the fastest-growing regions in the state.
Mount Barker (the CBD of the Adelaide Hills) will grow to 55,000 people in the next decade. This will have flow-on effects to the broader region, with many of its surrounding towns growing in population (and value), too.
For this reason, the Adelaide Hills will be one of the most lucrative regions for investors over the next 5-10 years, as newcomers will look beyond Mount Barker.
Let’s look at five lesser-known towns in the Adelaide and compare their five-year growth.
- Woodside: $456,500 in 2020, $847,500 in 2025
- Nairne: $405,500 in 2020, $777,500 in 2025
- Strathalbyn: $375,000 in 2020, $690,375 in 2025
- Lobethal: $373,750 in 2020, $740,000 in 2025
- Littlehampton: $527,500 in 2020, $1 million in 2025
These smaller towns are commanding rent in the range of $550 – $650 per week for a standard family home – and it’s only going to increase in the coming years. Mount Barker’s growth in the past five years is a sign of things to come. It’s up 50% in five years.
What does this all mean for landlords and future investors?
The Adelaide Hills isn’t just an awesome place to live and invest. It also has a vibrant visitor economy, making it much more than just a lifestyle location. The natural environment, food and wine scene and connection to the Fleurieu and Murraylands makes it a safe investment choice.
In 2022, the Adelaide Hills was voted the 5th most popular place to visit in Australia.
Land is a finite resource, and real estate will always be a good investment, especially in high-growth regions like ours.
There are different ways to build wealth owning a house in the Adelaide Hills.
If you’re looking to buy an investment property, are considering putting your home on the market to rent out or want to get a second opinion from a local property management team, let’s chat.
