Why invest in living in Adelaide City?

The City of Adelaide offers all the amenities of a big city, but is still small enough to reflect a rural charm due to its close proximity to surrounding farmlands, wine regions and the Adelaide Hills.

Adelaide is currently enjoying the emerging growth in demand for investment property that Western Australia experienced a number of years ago. With yields remaining high, and quality, low maintenance properties still available to the discerning investors.

Situated on the banks of the Torrens River, the City offers affordability and a sophisticated transport infrastructure coupled with accessible recreational facilities such as an extensive bike path network, an Aquatic Centre, and 170 hectares of beautifully maintained garden areas. In close proximity are beach and sea activities, bushwalking, wine lands, river lands and the picturesque peninsulas of South Australia.

Adelaide was recently rated among the top 25 most liveable Cities in the world by Mercer Quality of Life Surveys over 2001 - 2005, ranking above cities such as London, Paris and New York, and is the most affordable mainland capital city in Australia.

This is no surprise to those that live in the City. Surrounded by a green belt of 780 hectares of parklands and 370 hectares of recreational areas, this gracious City offers its residents access to parks and open spaces as well as the convenience and excitement of city living. It is also easy to get around the City. Public transport is efficient, convenient and affordable. Buses and trains share the same ticket system, making it easy to use either type of transport.

Adelaide has a population of approximately 1.2 million people, which helps the City to attract large scale festivals and events. Internationally renowned festivals, pageants, sporting events and food and wine festivals fill the City's calendar annually. This coupled with the City's three universities make Adelaide a dynamic and exciting place to live, work and study.

Accommodation in Adelaide is as diverse as its rich heritage - anything from a historic cottage to a beautiful townhouse - a converted warehouse or a luxury apartment, are for the taking.

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Published on July 7-th, 2008 in Property Investment
Damon Rasheed is the CEO of Rate Detective, an Australian financial service comparison sites specialising in Life Insurance, Income Protection Insurance and home loans. Damon holds a Master's Degree in Economics from the University of Melbourne and has been involved in many start-up internet businesses.

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