The SA suburbs where home values could soar the most by 2036

17 hours ago 4

Looking to double your money in a decade?New data has revealed the SA suburbs you should be buying in now to have your best chance at possibly seeing your home value double over the next 10 years, assuming history repeats.And for those already in the market, or looking to begin their property journey in Adelaide’s northern suburbs, it’s great news, with the top 11 of the 12 suburbs to have experienced triple-digit growth over the past decadeAccording to exclusive realestate.com.au data, assuming the same growth rate as over the past 10 years, Elizabeth Vale houses could experience the greatest value growth over the next decade, taking its median from $682,000 in September to a potential $1,550,038 in 2036 – a growth rate of 8.56 per cent a year, and $868,038 overall.This would mean their values have grown by 1.27 times their purchase price over that time.Elizabeth’s other suburbs featured strongly, with Elizabeth South, Elizabeth, Elizabeth Grove, Elizabeth Downs and Elizabeth North claiming spots two through five, with values increasing between 1.18 and 1.25 times their current median in that time, and Elizabeth East and Elizabeth Park claiming spots nine and 10 respectively.Smith...

Read Entire Article