Why Australians flock to Adelaide for wine, food and property?
Adelaide, the food and wine basket of Australia.
Penfold, Wolf Blass, Maggie Beer, Udder Delight cheese…. so many more famous Adelaide icons and brands that are not only household names in Australia, they are famous and highly sought-after world wide.
After from being a foodie’s paradise, holiday destination and memory of a country town vaguely reminds us of old colonial days, Sydney Siders don’t usually have any idea about Adelaide as an up-coming Australian CBD.
While the 3 major Australian cities (Sydney, Melbourne and Brisbane) are experiencing dramatic ups and downs over the decades, the steadfast Adelaide market provides affordable properties with solid returns over time.
Melburnians have better understanding of Adelaide, being much closer to it. While Melbourne property market boom has push real estate prices almost rival Sydney growth, many Melburnians are flocking to Adelaide to diversify their investment portfolio.
We’ll be looking closely at the data and trend to bring you a holistic view on the steadfast Adelaide property market, while sampling some delicious Adelaide produce that are the pride of Australia.
Adelaide Food and Wine Appreciation event coming up in early August.