Blog Adelaide & SA | Cedar Woods

Top Reasons Why Port Adelaide is the Best Suburb to Invest in

Written by Cedar Woods | May 15, 2024 11:57:50 PM

Fletcher’s Slip is located in the suburb of New Port, nearby to Port Adelaide, providing a welcoming and inclusive environment for residents. Fletcher's Slip has a rich history dating back to its origins as a bustling port and shipbuilding location in the 1800s. Ongoing developments and improvements in Port Adelaide and New Port make it an exciting and dynamic suburb to be a part of. Fletcher’s Slips address offers both a comfortable living experience and promising investment opportunities. Whether you're looking for your dream home or a profitable investment, Fletcher's Slip is an ideal suburb to consider in Adelaide.

An Exclusive and Modern Address

Positioned with waterfront views of the harbour and Harts Mill, Fletcher’s Slip provides residents with not only a spacious and comfortable home, but also the opportunity to enjoy all that coastal living has to offer. Fletcher’s Slip not only provides a beautiful seaside living experience, but also a range of outdoor activities for residents to enjoy. A promenade which traces the harbour’s edge, is ideal for jogging or a leisurely walk and a revitalised slip provides access to the harbour to launch a kayak or paddle board. Fletcher’s Slip offers a tranquil environment that is perfect for families, young professionals, or retirees. Fletcher’s Slip's proximity to stunning beachfront properties and strong community atmosphere makes it one of the best suburbs to invest in Adelaide.

Local Amenities

At Fletcher’s Slip residents are never far away from all of life’s modern conveniences. The local area of Port Adelaide is adorned with shops, schools, cafes and restaurants all just a few minutes away. Just a short walk is the charm and history of Semaphore. With an eclectic seaside and unique cafes, you’ll discover interesting shops and artisans on both sides of Semaphore Road.

Fletcher’s Slip also offers a large choice of primary and secondary schools. The community will also be easily connected to public transport, including Glanville Railway Station and buses along Semaphore Road for those who need to commute.

Solid Growth

New Port (5015) is located within the City of Port Adelaide Enfield, a thriving network of economic growth just 14km from the Adelaide CBD. A thoughtfully master planned residential community established in 2018, it offers a range of attractive property options for first and subsequent buyers as well as savvy investors looking to invest in well located, contemporary townhomes and apartments.

The suburb has shown positive price growth. As of October 2023, the median house price was $780,000 which is an increase of 32.2% annual price growth over the last 12 months. The median apartment price was $330,000 which saw an increase of 9.7% annual price growth in the last 12 months*.

*Source: realestate.com.au

Recreational areas

Hart's Mill Playground in Port Adelaide has a unique blend of history, nature, and recreation. Surrounding the playground, you will find shelters, seating, barbecue facilities, and lawn area. Semaphore Foreshore offers access to the white sandy beach and a green foreshore perfect for catching the sunsets.

At Cedar Woods we understand that buying a new home, whether an investment property or your first home, is a milestone and we want to help you every step of the way. Choosing where to invest is an important decision and it's important you do your research. Our Investor Pack details the benefits of investing in Fletcher’s Slip and explains how to invest in property. Download it here.