SA Government Gives Lang Walker Green Light to Develop Buckland Park Project, Adelaide

DEVELOPER Lang Walker has been given the green light to build a $2 billion residential village in Adelaide’s north.Lang Walker

The South Australian government approved the first stage of the project, which will provide 614 houses and a town centre.

The Buckland Park project will spread over 1340 hectares, and offer 12,000 housing lots over the next 26 years.

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Prices in Rural SA record strong growth

Regional South Australia is proving a lucrative investment with house prices soaring in many areas over the December quarter, according to the Real Estate Institute of SA (REISA).
REISA President Robin Turner said the median house price for SA had broken through the $300,000 mark for the first time in December and prices in regional areas had played a big part.

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Investors flock to SA while vacancy rates remain low

Adelaide has maintained a low vacancy rate of 1.49% for the month of September, according to the Real Estate Institute of South Australia.
This is despite the fact that investors have flocked to the South Australian rental market recently, with the number of rented properties rising by 5.9% over the past 12 months.

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