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Adelaide real estate shaping as 2024's national hotspot

Property investors looking to make a move in 2023 to enjoy capital growth over the following few years should consider the South Australian capital, according to leading buyers agent and API columnist, Anna Porter.

Three Rivers Fountain with public transportation in Victoria Square with twilight sky, Adelaide.
Many affordable Adelaide suburbs priced at $300,000 five years ago are now valued at around $550,000. (Image source: Shutterstock.com)

Many novice investors follow trends or simply take comfort in what they know, often leading to failed investments or a lack of portfolio diversification.

The Brisbane Olympic Games, for example, appeal to the novice investor who could be characterised as chasing a market. Melbourne and Sydney, meanwhile, are known as markets where you (almost) can’t go wrong.

But where will the smart money go in 2023?

Adelaide is shaping as the market to look …

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