City of Marion, South-west Adelaide, SA
The City of Marion ranks as a National Growth Star in recent editions of The Price Predictor Index published by Hotspotting and as one of our leading picks for the under-rated city of Adelaide.
We rate Marion because of its long-term resilience, its strong infrastructure (including major education, medical and high-tech precincts) and more recently because of the number of growth suburbs in this Local Government Area.
The City of Marion is a fine example of an area that has overcome adversity. Impacted by the demise of the car manufacturing industry, the LGA has forged on, reinventing itself as a major player in the industries of health, education and innovative technology.
Around $2 billion in both private and government investment is being spent on the redevelopment of the Tonsley precinct, leading to new enterprises and jobs creation on the site of a former car manufacturing plant. A new teaching hospital and a university campus are already in operation.
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 unit markets having median prices in the $300,000s, as well as low vacancies. A number of suburbs have shown good growth in median prices in the past year, with more expected in the near future. Long-term capital growth rates have been solid.
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.
The City of Mation was Hotspot of the Week on 9 October 2018.