Suburb spotlight on: Seacliff
Who’s got top market share?
The pretty seaside town of Seacliff is a experiencing a period of high demand in the housing market, with buyers and investors attracted by the proximity to Adelaide, coupled with the affordable house prices. It’s an area ripe for the picking for a clever sales business.
Let’s look at the market share in the area. Gary J Smith Real Estate has the greatest market share at 42%, followed by Phil McMahon Real Estate “Glenelg” at 13%. Harris Real Estate rounds out the top three with another 13%.
Vendors can expect an average house price of $700,000 which continues a trend of steady growth in the area. According to CoreLogic Data, Seacliff is seeing high demand in the market with properties being visited 1310 times, well above the SA average of 656, representing the popularity of the area. Investors see an average rent of $410 per week for their three bedroom house.
A picturesque town with the ideal mix of location and price make Seacliff a lucrative choice for a profitable Ray White business. If it’s an area of interest for you, we can help you build a competitive business. Talk to us today.