City of Port Adelaide Enfield - Metropolitan Adelaide, SA
The Port Adelaide precinct is being boosted by a number of factors, including the massive long-term project to build vessels for the Navy and a major relocation of State Government jobs to this precinct.
Major economic change is occurring in this precinct – Defence Force contracts totalling $89 billion, together with State Government initiatives, are launching Port Adelaide into a new stratosphere.
The Osborne Naval Shipyard is undergoing a $535 million upgrade to accommodate the building of 40 new Defence craft; 500 public servants are being moved into the precinct; and a new rail spur will link the Port’s commercial centre and the Dock One residential precinct to the Adelaide CBD.
These and several smaller projects are creating jobs and turning historic Port Adelaide into a thriving residential, commercial and tourist destination.
The Port Adelaide-Enfield LGA is one of the leading markets in the nations for suburbs with rising buyer demand and prices are starting to respond. The market is underpinned by strong rental demand and very low vacancies, with most postcodes having vacancy rates below 1%.
This report includes the suburbs of Blair Athol, Broadview, Clearview, Croydon Park, Dernancourt, Enfield, Gilles Plains, Greenacres, Hillcrest, Klemzig, Largs North, Northfield, Rosewater, Semaphore Park, Valley View and Windsor Gardens.