City of Marion, South-west Adelaide, SA
Economic activity in the Tonsley Innovation District, the site of the former Mitsubishi Motors assembly plant, is gathering momentum.
Following a $1 billion injection, it is now home to 30 innovative research, technology and science start-ups, established businesses, institutions and a new teaching hospital and university campus with 6,500 students.
The announcement by Flinders University that it plans to build a $1.5 billion Flinders Village comprised of educational facilities, hotel and student accommodation will boost Marion’s prospects even further.
The creation of jobs is driving the demand for property, making the City of Marion a strong leader in the Adelaide market, which we regard as the most under-rated in capital city Australia.
Major transport projects are improving the connectivity between freight hubs and sea ports, creating further opportunities for business.
The City of Marion offers affordable properties, with many of its markets being priced in the $400,000s, as well as low vacancies.
It has numerous suburbs with rising sales patterns, including Ascot Park, Glengowrie, Hallett Cove, Marion, O’Halloran Hill, Sheidow Park and Seacombe Gardens. Glengowrie and Ascot Park featured on our National Top 50 Supercharged Suburbs list in the Spring Edition of our Price Predictor Index.
This report includes the suburbs of Clovelly Park, Dover Gardens, Edwardstown, Glengowrie, Hallett Cove, Marion, Mitchell Park, O’Halloran Hill, Plympton , Sheidow Park, South Plympton, Sturt, Trott Park, Warradale, Ascot Park, Morphettville, Oaklands Park, and Seacombe Gardens.