Adelaide rental yields set to surge.

Discussion in 'Property Market Economics' started by ollidrac nosaj, 24th Mar, 2021.

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  1. ollidrac nosaj

    ollidrac nosaj Well-Known Member

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    Predictions of 10%+ imminent, and up to 20% by years end.



     
    ollidrac nosaj, 24th Mar, 2021
    #1
  2. scientist

    scientist Well-Known Member

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    Lol the word squeeze is so hot rn

    Gme short squeeze yolo to the moooon
     
    scientist, 24th Mar, 2021
    #2
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  3. jim1964

    jim1964 1941

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    Its about time the boot was on the other foot,if your in the Adelaide game,your laughing.
     
    jim1964, 24th Mar, 2021
    #3
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  4. Robert Chatsworth

    Robert Chatsworth Well-Known Member

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    Location:
    Moana, SA
    Top Suburbs to rent in SA - 26th March 2021

    Blackwood rents have dropped 14.46% to only $355/wk

    Does anyone know why that is? Is it something to do with the Uni?

    And they haven't even seen a surge in listings:
    Biggest increase in rental listings
    Hilton 171%
    Angle Vale 170%
    Tonsley 95%
    Salisbury Plain 83%
    Seaford Heights 83%
    Ashford 73%
    Vale Park 67%
    Hamley Bridge 60%
    Waikerie 59%
    Meningie 56%

    You probably don't want to be hiking rents in the above suburbs due to the surge of competition among landlords. And these figures are pre Jobkeeper finishing tomorrow.

    Rental listings have plunged in Moana, down 45%!!! Excellent place to pick up a rental!!
     
    Robert Chatsworth, 27th Mar, 2021
    #4
  5. boganfromlogan

    boganfromlogan Well-Known Member

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    Well, Blackwood traditionally has few rentals and many ppl looking bc of Flinders (nice back way in via foot or bike), and my observation is that most were share houses with overseas students. Not a lot of them BTW. So $355 pw in Blackwood is such an anomaly given the great housing there, the location, blackwood village vibe etc .....
    What does Bellevue Heights look like? It is Very similar in terms of Uni access.
     
    boganfromlogan, 27th Mar, 2021
    #5
  6. ATANG

    ATANG Well-Known Member

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    Inner south, south east, and inner east have gone nuts over the last 3 months. Some good ones have jumped 50-70% over last 3 months, which is unbelievable. These pockets have become more and more Melbourne like. Hopefully just getting started.
     
    ATANG, 29th Mar, 2021
    #6