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The Year Ahead: 2014 Property Predictions

6 Jan 2014 murraybridge 0 Comment

So we’ve re-capped 2013 in the last few entries on the blog. Now it’s time to get the crystal ball out and take a look at the year ahead.

Professionals CEO Ted Piteo said he expected buyer confidence to continue to improve, interest rates to remain low and generally, South Australia to continue in the ‘steady as she goes’ pattern that is our trademark.

“South Australia has always been a consistent market and this is a strength over time. It offers peace of mind and there’s a lifestyle that can only be found in SA.”

Mr Piteo identified the Adelaide Hills, Burnside, Christies Beach, Klemzig and Whyalla as suburbs that could offer investment growth in the medium-long term.

Adelaide Hills: Hills community living with natural bush and open spaces.  Shopping, schools, 20 minutes from the CBD and in easy reach to our great South Coast.

Burnside Council: Adelaide’s Eastern suburbs still continue to offer the best in lifestyle with their close proximity to the CBD, great schools, shopping, alfresco dining whether it’s at the well-known Parade or Adelaide’s East End.

Christies Beach: Beachside suburb with huge potential new train line, new ‘two-way’ Southern Expressway, Colonnades Shopping Centre, local schooling, TAFE and gateway to the Fleurieu Peninsula

Klemzig: Easy commute to the CBD, the Plaza, good local shopping, Linear Park, affordable median house price compared to other surrounding suburbs and a good mix of houses, units and courtyard living.

Whyalla: Well established regional centre with long-term prospects with its iron ore production and exports. Offers great family living with schools, University, shopping precincts and fabulous beaches.

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