Every month, we ask our audience to send in a suburb that they’d like analysed. InvestorKit’s Lead Research Analyst, Junge Ma, will be going through the data to let them know whether it’s a NO or a GO!
In this episode, Junge Ma answers a question from Michael, who is looking for an investment property around Elizabeth, South Australia that is $400k to $500k.
The conversation begins with an overview of South Australia’s economic landscape, highlighting its strong economic growth and active job market, although population growth remains below the national average.
They then dive into the Playford Local Government Area (LGA), noting a significant construction boom with a high building approval rate, balanced inventory levels, and a faster population growth compared to Adelaide.
As they shift the focus to Elizabeth, Junge shares insights on the local property market, revealing a balanced inventory, low vacancy rates, and impressive growth in both sale prices and rental yields over the past year.
Click on this episode now to learn whether investing in Elizabeth is the right move for a $400k to $500k budget!
And of course, if you’d like a suburb analysed, click the link below and get in touch!
πππΒ https://pizzaandproperty.com.au/listeners-choice-area-analysis
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