Ray White Now | August 2021

HIGHEST PRICE GROWTH SUBURBS FOR INVESTORS - SOUTH AUSTRALIA AND ADELAIDE 12 months to June 2021

SUBURB	REGION	TYPE	MEDIAN	% GROWTH
Adelaide ( highest price growth for homes under $ 550,000 )
Glenside	Eastern Adelaide	Unit	$ 510,450	56.5 %
Kurralta Park	Western Adelaide	Unit	$ 403,500	40.8 %
Salisbury	Northern Adelaide	Unit	$ 229,250	25.3 %
Prospect	Eastern Adelaide	Unit	$ 432,000	19.0 %
Magill	Eastern Adelaide	Unit	$ 433,000	17.8 %
Regional SA ( highest price growth for homes under $ 300,000 )
Risdon Park	Pirie	House	$ 173,550	38.8 %
Berri	Riverland	House	$ 230,000	21.1 %
Whyalla Stuart	Whyalla	House	$ 159,750	14.5 %
Port Lincoln	Lincoln	Unit	$ 270,000	13.2 %
Murray Bridge	Murray Mallee	House	$ 246,000	9.3 %

Source : Corelogic , Ray White

While investors typically don ’ t target high yields , it can be useful to look at high yielding locations as they tend to be at cheaper price points . More negatively , they often don ’ t achieve price growth that tracks the average .

Almost consistently , the Elizabeths in northern Adelaide top the list for the highest capital city yields , currently well over six per cent . In regional South Australia , the strength of mining becomes even more pronounced .

HIGHEST YIELDING SUBURBS WITH POSITIVE PRICE GROWTH FOR INVESTORS - SOUTH AUSTRALIA AND ADELAIDE 12 months to June 2021

SUBURB	REGION	TYPE	YIELD	MEDIAN	% GROWTH
Adelaide ( highest yields for homes under $ 550,000 )
Davoren Park	Northern Adelaide	House	7.9 %	$ 175,500	1.7 %
Elizabeth North	Northern Adelaide	House	7.5 %	$ 180,000	14.6 %
Elizabeth East	Northern Adelaide	House	6.9 %	$ 218,505	8.4 %
Elizabeth Downs	Northern Adelaide	House	6.8 %	$ 210,000	16.7 %
Elizabeth Park	Northern Adelaide	House	6.8 %	$ 223,000	9.9 %
Regional SA ( highest yields for homes under $ 300,000 )
Whyalla Norrie	Whyalla	House	8.7 %	$ 150,000	0.0 %
Whyalla Stuart	Whyalla	House	7.3 %	$ 159,750	14.5 %
Port Pirie South	Pirie	House	6.2 %	$ 190,000	1.3 %
Berri	Riverland	House	6.0 %	$ 230,000	21.1 %
Risdon Park	Pirie	House	5.8 %	$ 173,550	38.8 %

Source : Corelogic , Ray White

Ray White Now | August 2021 | Page 21