The Property Credit report used a range of family-centric criteria to analyse suburbs around the nation and the suburb of Hewett, north of Gawler, found its way into the number eight spot as South Australia’s best offering.
Hewett was the only suburb to make it onto the top 20 list dominated by Western Australia.
Perth suburbs Wandi and Jindalee topped the report that looked at areas promising the best quality of life for families including access to transport or the central business district, price point and a sense of community.
A second analysis of South Australian suburbs rated Greenwith, Fairview Park, Redwood Park and Nairne highly in a time when interest rates and cost of living pressures are forcing families out of some suburbs.
“At a pivotal moment in the real estate market—transitioning from a seller’s market to one that’s increasingly accommodating for buyers – this report is particularly timely,” Property Credit chief executive Giordano Stepancic said.
The report rated Hewett as the most family-friendly suburb in SA.
Stepancic’s optimistic view of the market was that it was “teeming with possibilities for families seeking to secure their future in nurturing environments”.
A check of current four-bedroom houses on the market or those recently sold in Hewett showed prices ranging from about $650,00 to $920,000, in a suburb with several local primary and secondary schools, childcare centres and several parks and reserves.
Census data helped pinpoint suburbs with at least 50 per cent of dwellings being family households with a minimum average of 2.5 persons per household, plus the report also measured distance to the city.
“The suburbs we’ve highlighted are transitioning to a buyers’ market, presenting a prime window for families to find a home in a community where they can truly belong,” Stepancic said.
“The chosen suburbs exemplify an ideal mix of suburban tranquillity and urban proximity, ensuring families can enjoy a peaceful lifestyle while remaining connected to the vibrant heart of the city.”
Mawson Lakes and Banksia Park were also chosen among some of SA’s best for their strong community bonds, “underpinned by Adelaide’s cultural tapestry and economic stability, ensuring a well-rounded lifestyle for families”.
“The study further underscores the socio-economic benefits of these areas, suggesting a strong potential for both an enhanced lifestyle and investment growth,” Stepancic said.
The report looked at the buyers’ index and average for sale listings to gauge market health, and median house prices compared to annual household income.
It focused on those suburbs with a lower median multiple, signalling more affordable and resilient markets less likely to experience drastic fluctuations.
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