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Real Estate Business Awards 2021

The REB Awards is the benchmark of success in the Australian real estate industry. It reflects not only the business astuteness of the country’s leading real estate operators and networks..

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top 10 agents

Alexander Phillips

Top 1

Year of Experience: 21

Support Staff: 3

Residential Property Listings Secured: 241

Total Value of Residential Properties Sold: $ 706,737,500

VIEW COMPLETE REPORT
1/10
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top suburbs

12 month growth
Travancore
49.78%
Timboon
49.57%
Dolphin Point
49.51%
Nyah West
49.42%
Preston Beach
49.29%
Newington
48.97%
Killcare Heights
48.89%
Wundowie
48.77%
Homebush
48.44%
Glenside
48.28%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
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State of Markets - SA April 2012

By Staff Reporter
02 April 2012 | 1 minute read

Essential information, plus expert insight on what is shaping the national property market...

SOUTH AUSTRALIA

  • $1,173.50: Average weekly earnings for full time adults (ABS)
  • $250: Average weekly rent in Adelaide (RP Data)
  • 1.3%: Vacancy rate in Adelaide (SQM Research)

Roofs raised for progress in Adelaide

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CBD height restrictions may be relaxed under a review of planning rules, according to Adelaide Lord Mayor Stephen Yarwood.

The state government will consider raising maximum CBD building heights as part of a zoning review.

“There is a chance for reform and it would be disappointing if we just tinkered around the edges when we can actually send a message,” Mr Yarwood said.

“There are parts of the city where I know for a fact that the vast majority of councillors are not afraid to have a discussion on building heights.

“The city wants development, the city wants progress and we want to make it easier,” he said,

The new guidelines will be out by mid-year. However, the outcome is uncertain, with some of the 12-person council expected to resist overdevelopment and urban sprawl.

Currently, a majority of developments are capped at 60m, which if unchanged would fall short of the estimated population in 2040 by 27,300 people.

Areas with regional airports face growth challenges

The future of areas whose councils are finding operating their regional airports increasingly expensive is quite literally up in the air, a new report claims.

Regional airports are crucial in the provision of labour for mining areas, and are a growth driver, the local government association (LGA) for SA’s Regional Airports Project has said.

“With the rapid development of the mining industry in regional South Australia, regional airports are playing an increasing role in economic development along with the movement of labour between regions,” the report said.

Mount Gambier, Naracoorte, Port Augusta, Renmark and Ceduna all have regional airports.

LGA president Kym McHugh said implementing effective strategies would be crucial in keeping areas afloat.

“There are significant challenges ahead for councils that own regional airports,” he said.

State of Markets - SA April 2012
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top 10 agents

Alexander Phillips

Top 1

Year of Experience: 21

Support Staff: 3

Residential Property Listings Secured: 241

Total Value of Residential Properties Sold: $ 706,737,500

VIEW COMPLETE REPORT
1/10
Do you have an industry update?

top suburbs

12 month growth
Travancore
49.78%
Timboon
49.57%
Dolphin Point
49.51%
Nyah West
49.42%
Preston Beach
49.29%
Newington
48.97%
Killcare Heights
48.89%
Wundowie
48.77%
Homebush
48.44%
Glenside
48.28%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.

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