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Adelaide on top for capital growth in units

Staff Reporter 1 minute read

Adelaide is offering unit investors the highest capital growth, research released by RP Data yesterday has revealed.

According to the data provider, unit values grew by 19.2 per cent within the broader Adelaide market over the past 12 months.

Regional markets have also offered strong growth with 32 per cent of top performing unit markets located outside capital cities.

Cameron Kusher, RP Data research analyst, said these locations ranged from the resource-driven areas such as Risdon Park and Whyalla Stuart in SA, to sea change markets of Ayr, Clifton Beach and Mooroobool in Queensland.

Out of all regional areas, North Queensland was the lead performer, with three of the top 50 suburbs for units located in Cairns and Ayr.

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Published: 28-08-08

Adelaide on top for capital growth in units
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