Kelmzig units share suburb superiority atop 2017 Adelaide property hotspots

Kelmzig units share suburb superiority atop 2017 Adelaide property hotspots
Kelmzig units share suburb superiority atop 2017 Adelaide property hotspots

Klemzig ranks as amongst Adelaide's 2-16/2017 top investor hotspots for units with an expected increase of 4 percent over the next 12 months.

It offers cheaper units compared to its joint ranked investor hotspots Broadview, Marden and Parkside, who all also expect a 4 percent price increase.

The median price at Klemzig is currently at $272,000, according to APM, in their forecast developed by APM senior economist, Dr Andrew Wilson.

Kelmzig units share suburb superiority atop 2017 Adelaide property hotspots

An example would be a two bedroom unit at 42/5-9 Alexander (above) currently on sale for between $269 000 -$279 000.

Kelmzig units share suburb superiority atop 2017 Adelaide property hotspots

Similarly a two bedroom unit was sold for $296,000 at 2/1 Price Avenue, (above) which is $24,000 above the median price.

The Smart Investor magazine, published by Fairfax Media, ranked Broadview, Marden and Parkside as Adelaide's top investor suburbs for units.

Suburb                      Postcode          Median price           12 month forecast

Klemzig                     5087                $272,000                4%

Broadview                 5083                 $330,000               4%

Marden                     5070                 $339,000               4%

Parkside                    5063                 $460,000              4%

Pooraka                    5095                  $287,500               3%

Glenside                   5065                   $320,000              3%

Eastwood                  5063                  $570,000              3%

Cumberland Park       5041                   $337,500             3%

Clarence Park            5034                  $329,000              3%

Wayville                    5034                   $385,000             3%

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Kelmzig units share suburb superiority atop 2017 Adelaide property hotspots

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Adelaide Investar

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