Why should I invest in property in the Murraylands?
Raine and Horne’s Casey DeMichele offers three reasons.
This sponsored story is brought to you by Raine and Horne Murraylands.
If you enjoy healthy investment returns, Murraylands real estate is for you.
Ask anyone why investors have turned to the region in droves since 2020 and they’ll tell you it’s the number-one reason.
In fact, back in April, Murray Bridge was named the best-performing property market in Australia over the past five years.
Not much has changed since then, either – last week’s figures from CoreLogic showed that house prices across regional South Australia rose by 12.9 per cent in the past year, the best return anywhere in the country.
But there are other reasons to invest locally, too.
Raine and Horne Murraylands sales consultant Casey DeMichele explains.
The lifestyle is great
Lifestyle is one of the three top reasons buyers are attracted to the Murraylands, Casey says.
If you’re an owner-occupier, especially, you want to live in a nice community, not just a nice building.
“Being that little bit out of the city, away from the hustle and bustle, is appealing for those who are looking for a lifestyle and a place to settle down,” Casey says.
“We see heaps of people purchase in the area because they’re sick of sitting in traffic all the time.
“They’re looking for a life closer to the river, with lots of things to do.”
Lifestyle isn’t everything – a discerning investor in search of a solid return will be less worried about a property having extensive shedding or a big backyard.
But the Murraylands’ housing stock includes plenty of homes built in the past 15-20 years which should retain their value well while requiring less maintenance than older premises.
Everything you need is here
If you’re a local, you already know it, but: the Murraylands has everything a resident or tenant could need.
Medical services, retail, good schools and sporting facilities are all here.
And if there’s something you can’t find locally, the big smoke is only a hop, skip and a jump away.
“Proximity to Adelaide is one factor people are always bringing up,” Casey says.
“It’s a nice, quick, easy drive to town … but we have a lot of facilities in the region as well, which is an absolute drawcard.”
The Murraylands is a sound investment
Let’s go back to that rate of return: 101% over the five years to this March, according to CoreLogic.
That’s better than gold or the stock market over the same period.
Murraylands real estate is still under-valued by comparison with the rest of Australia, too, making it easier for first-time buyers or investors to get into the market.
“You’re getting a better property in this area for the same price,” Casey says.
“It’s crazy how far your money can stretch.”
Past results are no guarantee of future performance, and you should consult your financial advisor whenever you’re making a serious decision.
But, as Casey says: there are no signs that local growth is slowing down.
“If you’re looking to purchase, don’t hold off for the prices to drop,” she says.
“I’ve had that conversation with so many clients: they think ‘maybe...’, but it’s really not dropping.
“In fact, interest rates are potentially looking to continue dropping – which is fantastic – but that will bring more buyers and competition into the market, too.”
There is no time like the present to consider investing in property in the Murraylands.
Contact Casey and the team at Raine and Horne Murraylands to find out more about your options.
- More information: Visit www.raineandhorne.com.au/murraylands, call 8532 3833 or drop into Raine and Horne Murraylands’ office at 4 Seventh Street, Murray Bridge.
Advertising to more than 20,000 highly engaged locals can do wonders for your business. Call Jane Intini on 0418 835 768 or email jane@murraybridge.news.
Peri Strathearn
