Facts to Read Before Investing in Adelaide

Adelaide – serene, picturesque and is a highly popular coastal destination is the Capital of South Australia and is the 5th most populous city in Australia. Named in the honor of Adelaide of Saxe-Meiningen, this city was founded in the year 1836. Since the mid-19th century, the city is known as “City of Churches”.

#1

Cost of Living

Adelaide is cheaper as compared to the other major cities of Australia. You can always choose a good suburb to live in and pay dirt cheap rent for it. As per a study, average weekly rent is $213 which is cheaper than the national average.

#2

Quality of Life

The city has high ratings in healthcare, environmental quality, education, infrastructure, and safety. Adelaide is home to a large proportion of Australia’s defense industries which plays a pivotal role in South Australia’s Gross State Product.

#3

Most Livable City

Economist Intelligence Unit’s Livability Index has ranked Adelaide as the 5th most livable city of the world. The city has been ranked for the 5th time in a row. It has been ranked so well over the years because of having a range of affordable housing options, well-maintained city, and a seemingly good approach to environmental sustainability and climate change.

#4

The “20 Minute City”

Forget being squashed like sardines on a train in Melbourne! Adelaide has only one tram line which serves the whole city. Being a highly accessible city, you can reach any location of strategic importance in just 20 minutes.  Want to watch dolphins in Glenelg? It’s a 20-minute drive from the city center. Rushing to the airport at the last minute? Don’t worry, its just 20 minutes. Explore the beautiful Australian beaches which can be accessed just within 20 minutes.

#5

Tourism

Adelaide is widely acknowledged as the ‘Festival’s State”. The city is flooded with tourists around the year for festivals like Writer’s Week, Mad March, the Fringe, etc., Lonely Planet has listed South Australia in number five Best in Travel Top Regions for 2017. And, tada! You will find the freshest produce that South Australia has to offer in the Central Markets. The cherry on top is you can choose from every cuisine when you are really going through a pandemonium to choose the right food for your stomach and tongue!

#6

Best Place for Business

The city has been ranked as the best place to work and conduct business in the Asia-Pacific region by KPMG’s Competitive Alternatives Report 2016. With strong international partnerships and involvement in various international networks and associations, the city can provide diverse and dynamic opportunities for economic development.

Adelaide is home to an ever-increasing population. With its first-class education system, investing in Adelaide will be your next smart move! Besides, who doesn’t want to live in one of the world’s most livable cities?

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