By Thomas Fort :: Harris
Have Your Smashed Avo…and eat it too!
Housing affordability has once again sparked the public’s furore, this time rallying against an article in The Australian decrying millennials and their penchant for expensive breakfasts in the face of knuckling down and saving for a house deposit. No, really.
Rather than splitting the generational divide even further into avs and av nots, we assessed the current Adelaide market and realised maybe, just maybe, we can have it all in South Australia.
Seeking your first family home, a break into the property market or an executive professional/couple desiring a city/fringe lifestyle? We look at a range of apartment, unit and affordable housing options scattered across metropolitan Adelaide. Keeping in mind the yearly minimum wage rate in SA ($35,614), we believe these properties afford great opportunity at an extremely accessible entry point.
1-16/314 Wakefield Street :: Adelaide
Price: From $339K
Deposit: Required $38,125*
Recommended: Investor / Young Professional
Located amidst the residential district of Wakefield Street, Est. Apartments are best sited to embody the exhilaration that comes with stunning CBD setting. Containing one bedroom and one bathroom, this an ideal apartment for genuine, compact city living.
View it HERE
3/30 Oaklands Road :: Somerton Park
Price: From $239-259K
Deposit: Required $29,595*
Recommended: Investor / New Families / Executive Couple
Recently renovated, this ground floor unit in popular Somerton Park offers easy living at an affordable price. Two sizeable bedrooms, spacious lounge, new kitchen, single carport and communal garden; the perfect launchpad to the beach and CBD.
View it HERE
40B Church Street :: Magill
Price: From $445-465K
Deposit: Required $51,752*
Recommended: First Home Buyers / New Families
As we move to the east of the city, median values ever-increase, but not entirely out of reach – stylish, modern and conveniently located in a desirable suburb, this is the most expensive of our entry properties. An immaculate courtyard home boasting three spacious bedrooms, new kitchen and exterior entertaining space – an abode of this quality at that price is a hallmark of Adelaide’s warm, welcoming market.
View it HERE
15 Landy Avenue :: Gulfview Heights
Price: From $399-415K
Deposit: Required $46,357*
Recommended: Established Families
On the largest allotment and boasting a generous living area and parcel, this 4-bedroom bona fide family home is equipped to entertain – with an in-ground swimming pool and pergola space overlooking, if you’re looking for value, location and a place to call home, Adelaide’s North is a fantastic prospect.
View it HERE
* all amounts are approximate and subject to further calculations
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