Bowden scores highest unit median price growth in Adelaide: Investar
Bowden has the highest year on year unit median price growth in Adelaide, according to Investar’s latest report.
The property investment firm says that Bowden’s median price for units increased by 24 percent in the last year.
This is followed by Fulham Gardens with 19 percent and Adelaide with 17 percent.
Suburb | Postcode | Bedrooms | Current median price | Median price 1 year ago | Growth in 1 year |
Bowden | 5007 | 2 | $435,000 | $349,000 | 24% |
Fulham Gardens | 5024 | 2 | $310,000 | $259,000 | 19% |
Adelaide | 5000 | 3 | $699,000 | $597,000 | 17% |
Norwood | 5067 | 2 | $420,000 | $360,000 | 16% |
Collinswood | 5081 | 2 | $317,500 | $275,000 | 15% |
A two bedroom unit at 4.03/0 Fourth Street, Bowden (above) has been listed for $433,000.
Similarly a two bedroom unit at Level 3 U4/56 Seventh Street, Bowden (below) has been listed.
A two bedroom unit at 208/47 Fifth Street, Bowden (below) was sold in February this year for $396,600.
