Thursday, June 13, 2013

Your Getaway Home… now more affordable than ever!
Long weekends often pose a problem, not quite enough time for a decent interstate holiday, but long enough to want to make the most of that extra day.
I bit the bullet last weekend, flew to Sydney and spent the weekend in the Blue Mountains at a friend’s holiday house. Farmers markets, coffee shops and local restaurants created the perfect mix to ensure a relaxing weekend away. The Blue Mountains host a number of towns which are lined with quaint cottages and you’ll find a number of distinguished Sydney-siders’ homes scattered against the hillside.
To paint the entire picture of my weekend away, I need to mention that logistically it was a bit of a mission to get there. A weekend away appeared to be the norm, so in true Sydney-style, we faced bumper-to-bumper traffic and 3.5 hours later, we arrived in Blackheath. 
This got me thinking... in Adelaide we are very fortunate to have equally beautiful getaway locations at a fraction of the travel time. Peak hour lasts 30 minutes and the greatest escapes are 40-60 minutes away from the CBD. We have the Barossa Valley, McLaren Vale, Victor Harbor and Adelaide Hills right at our finger tips. There is great value in the Hills at the moment, with a number of beautiful homes being sold recently by Team Toop such as The White House and Birchwood in Aldgate. Likewise, across the Fleurieu there are some amazing beach houses on the market, and it’s no secret that house prices are down 10-15% from the peak. 
So what’s the future for these outer regions?
The Southern Expressway is undergoing major redevelopment. Whilst we are currently experiencing headaches from the $407.5million project, when completed in mid 2014 it will put Adelaide’s southern beaches and McLaren Vale in even easier reach from town. 

As a result, we expect prices across these regions to pick up. An increase in buyer enquiry has already commenced with our Fleurieu Team experiencing an 800% increase in enquiry across the region over the June long weekend! More realistic prices have been set and our team are expecting to generate considerable interest over the next 3-6 months. 
Purchasing your own getaway home is now more affordable than ever. With improvements to infrastructure well and truly underway, now is the time to act. Make the most of the current market and prepare for the next long weekend… October 7 is approaching fast!

Suzannah Toop, General Manager of Operations
© Toop Real Estate Group

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