City of West Torrens - West & South-west Adelaide, SA
The West Torrens market has strength because of its relative affordability and its proximity to the Adelaide CBD, the location of the Royal Adelaide Hospital, the University of Adelaide and the Art Gallery of South Australia.
Three suburbs in the West Torrens precinct have Rising markets, including Camden Park and Plympton which we recently placed in the National Top 50 for high sales performance.
Commercial vacancy rates in the CBD are falling rapidly as large companies establish headquarters in the city and the State Government sets about creating a major innovation hub for defence, cyber security, artificial intelligence and space companies.
This brings benefits to the City of West Torrens because it joins the western boundary of the Adelaide CBD, allowing the two precincts to freely interact.
The construction boom in the CBD is helping to drive demand for property in West Torrens. With median house prices in the $500,000s and units below $400,000, first-home buyers are making their presence felt.
This report includes the suburbs of Brooklyn Park, Camden Park, Fulham, Glandore, Glenelg North, Kurralta Park, Lockleys, Marleston, Mile End, Novar Gardens, North Plympton, Plympton, Richmond, Torrensville, Underdale and West Beach.