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The place dwelling values have doubled previously 5 years


A brand new report by Propertyology has revealed SA’s hotspots for worth progress over the previous 5 years – with two areas named among the many finest within the nation and one other 4 recording worth doubles over the previous 5 years.

In his Champagne and Lemons report – which appears to be like at suburbs to have both excelled or underperformed over the previous 5 years – Propertyology head of analysis Simon Pressley singled out Murray Bridge as being one of many nation’s three best-performing areas over the previous 5 years (with values up 110 per cent), and naming Adelaide as one of many nation’s prime three capitals for the 12 months.

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Values right here had been up 80 per cent over the previous 5 years.

Based on the report, Murray Bridge, Mount Gambier, Copper Coast (Kadina) and Port Pirie all recorded worth will increase of greater than 100 per cent over the previous 5 years – that is out of simply 29 to have achieved this across the nation over the previous 5 years.

Mr Pressley mentioned there was one factor all of those areas, and actually all of them across the nation had in frequent.

Propertyology’s head of analysis Simon Pressley.

“Meals manufacturing and pure landscapes are distinguished amongst most of the 29 townships the place their median home worth doubled over the 5 years since January 2020,” he mentioned.

“Comparatively reasonably priced housing, extraordinarily tight native housing provide, agribusiness and the assets sector are frequent traits among the many star property markets.

“The only largest vital element for property market efficiency is all the time native financial situations.

PORT PIRIE

Port Pirie has emerged as a star property performer. Image: Dean Martin

The Blue Lake, Mount Gambier, Limestone Coast Region, South Australia

Mount Gambier was additionally recognized within the report. Right here is the city’s iconic and beloved Blue Lake. Image: Getty Pictures

“So, it’s no shock that all the 29 townships, municipalities and cities are positioned throughout the 4 states that had the strongest financial situations for a lot of the final 5 years.”

Queensland’s Lockyer Valley and Western Australia’s Port Hedland additionally made the record for standout regional performers, whereas Perth and Brisbane had been named the opposite two prime capital cities.

With simply 9 per cent progress, Alice Springs within the Northern Territory was rated the worst performer, and Melbourne was the nation’s worst-performing capital, with values up simply 20 per cent.

Harris Actual Property managing director Phil Harris. Image: Equipped

Harris Actual Property, in his 2025 Harris Report, mentioned SA’s market confirmed its power final 12 months, and mentioned 2025.

“2024 can be remembered because the 12 months Australia’s property market showcased resilience amid ongoing financial challenges,” he mentioned.

“Regardless of excessive residing prices and a protracted money price, the housing market proved adaptable and powerful.

“The beginning of the 12 months might even see continued strain on purchaser demand, probably resulting in a slight decline in dwelling values early within the 12 months – with affordability stretched and borrowing energy restricted, consumers face important obstacles.

“Nevertheless, a number of components might shift this dynamic – any rate of interest reduce or focused stimulus might spark demand and drive worth progress.”



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