The Financial Review has been recently scouring Australia’s property market looking to anoint new locations as hot spots for investors. While Melbourne and Sydney values continue to rise and murmurs about a housing bubble reappear, Adelaide’s West has emerged as a location likely to outperform the rest of the country.

CoreLogic, Australia’s leading source of property information and analytics have initially named Plympton and Richmond at the beginning of 2016 as locations to watch, which Findon, Semaphore and Prospect were all named by Money Magazine in this year’s list of suburbs. Strata Data backed this up by naming Semaphore Park and Plympton as two suburbs where you’re likely to find a bargain.

NewsCorp was the last to join the bandwagon, reporting on 37 suburbs within the West Torrens and Charles Sturt councils recorded value growth beyond the 11.8% average between 2011 and 2016.

What does this mean?

Adelaide’s West is rapidly undergoing gentrification. With an ease of access to the CBD, buses, trains, movies & the beach, as well as significant infrastructure and developments happening in the vicinity, already we are witnessing the growth of these suburbs that will continue to increase property values over the coming years.

For the time being though, housing prices in suburbs in the heart of the West such as Kilkenny remain affordable. These are opportunities which KingsCoin are seeking out presently, in order to create new developments which will not only maximise return on investment for investors, but also create wonderful first homes for young families and professional who are eager to enjoy the changing face of Adelaide.

Discover the Western Suburbs Webinar

KingsCoin Managing Director John Higginson recently completed a live webinar for people interested in discovering more about the Western Suburbs Property Market. Provided as part of the webinar was an in-depth look across new infrastructure relevant to the Western Suburbs, as well as a look at the market data which has revealed Adelaide’s West nationally as an upcoming property hot spot.

To view the Webinar, register here.