Get Back to Basics – Invest in Bricks and Mortar
Prospect – Highest campaign gain in SA
Did you know Prospect has experienced South Australia’s highest capital gain over the past 10 years?
With median house values increasing by 3.4% on average each year, and interest rates at record lows, there has never been a better time (or a better place!) to invest.
With easy access to award-winning eateries, boutique shopping, entertainment, high-quality schools and close proximity to Adelaide’s CBD, it’s little wonder that this vibrant and eclectic community is in such high demand.
So, what makes Prospect Adelaide’s best-performing suburb?
- With house rental prices ranging from $450 – $550 per week, The Prospect rental market is an opportunity not to be missed
- The median house value is $751,336 – and has increased by an average of 3.4% per year, over the past 10 years
- 46.3% of people are either skilled professionals and managers and 44% have achieved a university-level education – not bad for a tight-knit community of 21,000!
- The household income is 24.9% higher than the metro Adelaide average and 9.5% higher than the Australian Average
- A leader in digital transformation – Prospect is connected to the global GigCity Adelaide network and has been rightfully recognised as a top 21 Global Smart City for the best part of a decade!
- Churchill Road is seeing significant ongoing private investment, while a brand new $17.8 million Community Hub, Library and Innovation Centre have just opened on Prospect Road. Prospect 1838 residents will soon be benefiting from $615 million electrification of the Gawler Line, offering rapid transit into Adelaide’s thriving CBD.
There’s never been a better time to invest in the security of bricks and mortar
Secure a Prospect 1838 one or two-bedroom apartment from just $369k or just $365 per week or a luxury three or four bedroom Terrace Homes available from $495k or just $475 per week.
How to find out more
Our Terrace Display is available to visit anytime via private appointment – contact our agents on 7228 0862 to secure a time or find out more about your next investment.