"Where property prices have peaked in Australia"

“Where property prices have peaked in Australia”

Christies Beach about | Blog | Buy | Community | Community Trends | Investment Information | Latest News | Sell | Uncategorised | Uncategorized | What's On 26th February, 2025 No Comments

“A new report has highlighted the no-go zones for property investment around the country.

Created by Suburb Data’s Jeremy Sheppard, this report highlights the areas where buyers are most at risk of overpaying due to the fact that their prices have either peaked or are peaking.

And the report seems to have the biggest implications for first homebuyers, Mr Sheppard says, with prices in our more affordable hotspots now having risen to the point where sellers risk not making back on resale what they paid for them”.

The report cautions buyers about potential overvaluation in various cities, and in Adelaide, this concern is focused on the northern suburbs, where property prices may have peaked.

Key takeaways:

  • Elizabeth South has been identified as the riskiest suburb to buy in, with a median house price of $477,225.
  • Other high-risk suburbs include Elizabeth Park, Gawler South, Munno Para, Elizabeth Downs, and Elizabeth East.
  • Buyers in these areas may face overpaying risks, as growth in this region appears to be slowing.

While Adelaide’s northern suburbs may be reaching their price peak, there are still great opportunities for buyers and investors in the southern suburbs. Areas such as Christies Beach, Morphett Vale, Seaford, and Hallett Cove offer strong growth potential, lifestyle appeal, and great value for money.

At Professionals Christies Beach, we specialise in the southern market and can help you find the right property to suit your needs. Whether you’re buying, selling, or investing, our team is here to guide you through the process with expert local knowledge.

📍 Looking for your next property in the south? Contact us today to explore your options! 08 8382 3773.

Find the full article here.