Thursday, July 11, 2013

It’s official – SA is the top spot for sellers!


I have lived in South Australia for the majority of my life, however I never truly appreciated how lucky I was until I moved
interstate and overseas. We are
a state that has it all; from beaches to wineries, to easy cosmopolitan living. “Australia’s Top 10 Sellers’ Suburbs” report was released by realestate.com.au this week and confirms that the rest of Australia must finally 
be catching on…

SA has 5 suburbs in the top 6! Across the nation, Parkside was the standout coming in at Number 1. This is a staggering result for our state. Walkerville followed closely coming in at 3rd, with Norwood in 4th position, Aldgate in 5th and Kensington Gardens coming in at 6th.  

This is unprecedented for our market, but I do have a theory…

Why the sudden interest 
in SA property?

If you look at the figures, South Australia is the most affordable mainland state in Australia. We have a consistent market which is very stable and we are in a geographically central location.

As Suzannah reported last week, Toop&Toop are finding that there is currently a lot of national and international attention on SA property. For example, people from Perth are investing in SA in droves, and we are told this is because WA is now seen as an overheated market. These buyers are attracted to our “low prices” and investment forums 
are directing investors our way. We are also getting attention globally. Since 1 June 2013, a remarkable 28% of our property sales were to international buyers.

At Toop&Toop we have introduced an additional selling strategy, ToopGlobal, to ensure that our clients do not miss these emerging opportunities. Our role as agents is to get the best price for your property. With today’s technology we have the ability to tap into these global markets and we have a responsibility to our clients to do so. If you would like to know more about ToopGlobal, just log onto www.toopglobal.com

At Toop&Toop we are passionate about South Australian real estate. This latest report just further confirms what we have been seeing in the field; that we have some of Australia’s best opportunities and locals should be confident to invest in their 
own backyard.


Regards,
Genevieve Toop


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