SA
Salisbury
Woodcroft
Ottoway
Aldinga Beach
Modbury
Golden Grove
Modbury is where I'm located for work. Have been extremely busy last 12 months personally. I believe the market has moved well and will continue to, this is from both my observations of the market and my clients. I would say like for like properties over 12 month period would be close to 10% more now. This applies to both Modbury areas and Ingle Farm (which I've been very open that I like).
You now struggle to find a decent 3 bedroom 1 bath on 600sqm+ block for <$300k.
Modbury used to find a reasonable amount around the $300-330k, now it's more $330-360k
Ingle Farm used to find a reasonable amount around the $270-300K, now it's more $300-330K
Client looked at a property in Ingle Farm that was up for Auction, but was accepting offers prior. Advertised price was ~$265k from memory (12-24 months ago this would of been around the mark as a fair price for house in this condition) my clients offer ~$295k they were advised there was ~20 offers on the property and theirs was 6th in the queue. Property sold prior to auction (price isn't disclosed yet). Property address 5 Malbaru Avenue Ingle Farm, SA, 5098
I believe both area's will continue with good growth. They are reasonable close to CBD 15km. Have reasonable schools, hositpal, shopping centres, sports facilites. Really they tick a lot of boxes for Owner Occupied & Investors. Added bonus that most blocks are >600sqm that can be and will be developed in the next 5 years.
Looking at the others on the list.
Ottyway - to improve from the South Rd extension.
Woodcroft & Aldinga Beach - to improve from expressway duplication
(hrmmm see what Margaret is doing here
)
Salisbury & Golden Grove - similar to Modbury & Ingle Farm, close to large shops, schools, transport etc. Common theme
Salisbury, Ingle Farm, Modbury & Golden Grove all suburbs in the North East all with similar attributes. Think all will do reasonably well. I've listed them in order of price level.