Property Fact Sheet
According to the latest PRD 2nd 2016 report, Blakeview (Blakes Crossing) property market has come alive over the past 24 months, with 2016* showing highest performance to date. House median price recorded an annual growth of 12.8%, exceedingly higher than Playford LGA (4.1%) and Adelaide Metro (6.8%). Vacant land price growth is trending in a similar nature, with Blakeview recording annual growth of 10.5%, also above Playford LGA (7.6%) and Adelaide Metro (8.5%).
Investors gain a rental return of 5.2% for houses and 6.5% for units in Blakeview, significantly higher than the Adelaide Metro area of 3.8% and 5.0% respectively. This further confirms that the Blakeview property market is growing rapidly and highly attractive for investment.
The full report is attached here