The Adelaide Hills are alive with the sound of buyers
THE Adelaide Hills property market is tipped to have its strongest winter selling season ever, with real estate agents reporting huge turnouts at inspections, great sale prices and strong momentum despite today’s federal election having stalled the rest of the market.
Harcourts Adelaide Hills agent Kim Shorland said people were still flocking to Hills’ opens.
“A property at Aldgate last weekend had about 30 groups through, where usually we would be dealing with five or six,” Ms Shorland said.
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“There would be a few who are sitting on their hands waiting for the election to pass, but on the whole, the sales are definitely coming through and I don’t really see them slowing down.
“Over the past 21 years, I’ve found winter to be a strong selling time in the Hills.”
Ms Shorland said despite growing in popularity over the past decade, it’s only now that people were really embracing the Hills lifestyle. “More people are coming up to the Hills to the wineries, cafes and foodie places and realising what a great lifestyle it is and they’re wanting to live that and that’s been driven by the growth of the tourism industry in the past few years,” she said.
This surge in interest has translated into strong value growths over the past 12 months — most notably 7.7 per cent for Aldgate, 8.2 per cent for Bridgewater, and 10.8 per cent for Stirling.
“The one area that I’m seeing a massive demand for is Hahndorf — anything we get there just walks out the door,” Ms Shorland said.
“Stirling, Aldgate and Crafers are quite hilly, and that puts off a lot of retirees, whereas Hahndorf is flat.”
Harris Real Estate Agent Arabella Hooper said the Hills market was particularly price-sensitive, but active at certain pricepoints.
“Within $1 million and $2 million is really active, over $2 million is pretty tough and $600,000 to $850,000 is really strong — so in certain price points, we’re being inundated with people at opens,” she said.
Mrs Hooper said demand for small acreage was strong.
“The pockets of Stirling, Aldgate and Crafers are still performing really well and residential Hahndorf has been amazing but that lifestyle movement seems to be the strongest movement right now,” she said.
Bob and Deidre Slade are selling their 452 Echunga Rd, Echunga home through Mrs Shorland to move to Hahndorf. They have had 25 families through their first open inspection.
“We were very pleasantly surprised at the amount of interest,” Mr Slade said.
“We’ve lived up in the Hills all our lives and we wouldn’t live anywhere else.”
Three Hills heroes
112 Mt Barker Rd, Stirling
$890,000 to $940,000
3 bedrooms, 2 bathrooms, 3 parking spaces, 1696sqm
7 Sandercock Rd, Crafers
6 bedrooms, 3 bathrooms, 2 parking spaces, 2051sqm
45 Windsor Ave, Hahndorf
$640,000 to $675,000
5 bedrooms, 2 bathrooms, 1 parking space, 1195sqm