Capital city property markets continue to offer decent returns for investors, so is now the right time to think about buying rentals in Burnside?
The latest CoreLogic RP Data Home Value Index points to a rise of 0.8 per cent over the three months to November.
Although the rate of expansion might be slightly lower than in previous months, it nevertheless points to a continued rise in property values across many of the key markets.
"With just one month left in 2014 it is looking as if this year will see a lower level of capital growth than last year," said CoreLogic RP Data research analyst Cameron Kusher.
"This year home values have risen by 7 per cent compared to growth of 9.8 per cent in 2013."
RP Data also revealed an increase in the number of homes listed for sale over the past two months, giving you more choice if you're eyeing an investment property.
This followed the release of NAB's Australian Housing Market Report, which pointed to a 9.3 per cent rise in property prices across the nation's capitals over the past year.
Carried out by RP Data, the report showed that customers need to do their research before buying in any of the key markets, especially if they are hoping to make decent returns.
Some areas offer better investment opportunities than others, so it's a good idea to take a closer look at your chosen suburb before coming to any final decisions.
If you need a helping hand finding your ideal rental then why not give the team at Ray White Adelaide a call?
We're on hand to help you with every step of the process, from buying your investment real estate to renting it out and taking control of property management.
No matter whether you're new to the market or a seasoned investor, make sure you get in touch to discuss your options.
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