As Adelaide emerges from its latest snap lockdown, locals are grateful for South Australia’s buoyant property market and the lockdown friendly lifestyle the State has become famous for. But locals aren’t the only ones who have noticed what Adelaide has to offer…
As more and more major cities around the world are affected by the Delta variant of Covid 19, Adelaide is maintaining its status as Australia’s most liveable city and the third most liveable city in the world.
With new highways, a thriving healthcare system and new regional superschools being built across the State, South Australia is enjoying a regional property boom as more homeowners are opting for a tree change alongside a home office and a bigger backyard.
But locals aren’t the only ones recognising the lure of SA’s regional towns. The affordability of property in South Australia alongside the State’s agile approach to Covid 19 management has boosted the interest of interstate investors alongside families from NSW and Victoria looking for an escape from lockdown fatigue.
“I think as homeowners are starting to realise we will be living with the effects of Covid 19 for the foreseeable future, families are looking to build a brand new home that allows everyone a bit more space. And South Australia is very unique – while regional towns in New South Wales and Victoria can come with lengthy and congested commutes into the city – Adelaide offers the best of both worlds. Our regional developments are well connected to the city via brand new infrastructure. This means you can build your dream home in a fantastic location only 35 minutes from the CBD,” said Jason Green – Lanser’s Managing Director and South Australian President of the UDIA.
An award-winning South Australian developer, Lanser has over 20 years experience in reshaping South Australia’s regional towns. Once known as South Australia’s best kept secrets – Angle Vale is a charming township only 35 minutes from Adelaide. Lanser’s popular Miravale development in Angle Vale is now thriving, and the town is also home to a brand new B-12 superschool.
“I think it’s safe to say the secret is now out with regards to Angle Vale. Miravale has been one of our most popular developments to date, and we’ve seen a marked increase in people seeking out lifestyle destinations rather than just a block of land. We build all of our developments with healthy living in mind – which means that fitness loops, walking tracks, basketball rings, play spaces and parks are all on your doorstep.”
Builders in South Australia have noticed higher demand for features such as home gyms, offices, studies and charging hubs as more families get used to living and working from home. And with most house and land packages at Lanser’s developments coming in at under $450,000, making the move to South Australia is even more attractive for interstate buyers acclimatised to higher property prices. CoreLogic has even estimated that in regional South Australia it is cheaper to pay a mortgage than pay rent on 80% of properties. This is compared to just under 5% of properties in Sydney, and less than 8% in Melbourne.
“We have developments across Adelaide that offer different lifestyles – we have Aston Hills in Mount Barker that is located adjacent to a brand new Regional Sporting Hub, future aquatic centre, a golf club plus its very own mountain bike park. This is the perfect place for active families, while just down the road in Mount Barker we have Clover Park that still offers the picturesque Hills lifestyle in a quieter location.”
“In the North, Virginia Grove and Miravale offer the close-knit country town lifestyle everyone wants with all the conveniences of a brand new home, plenty of open space and the CBD an easy drive away. Miravale is actually located on an old vineyard across the road from an amazing wine bar.”
“Seeing new families move into their new homes and these communities thrive is the best part of our job,” says Green. “We understand why more people are moving to regional towns and we know they offer a lifestyle and sense of community you can’t get in the suburbs or in big cities. They have close-knit sporting clubs, local schools and pubs where you get to know your neighbours, and once people starting moving in these towns come alive with yoga studios, organic grocers and my favourite – coffee shops. The best coffee shops are popping up in all these towns! It’s fantastic.”