Accommodation
On Arrival | Property Market | Rental
Market | Finding Accommodation | Visitors
There are many levels of accommodation available in Adelaide, depending on
your needs and budget. As with most cities, accommodation close to the city centre
is the most expensive and generally decreases in price towards the outer suburbs.
Once you have found a home to buy or rent, the most important thing you can do
is carefully read any contractual agreements before signing, and ask questions
if you are not clear on the meaning of any terms or conditions. Contact the Office
of Business & Consumer Affairs for advice on your rights when buying
or renting property.
On Arrival
When you first arrive in Australia, you may need to live in temporary accomodation
while seeking a place to buy or rent. Independent skilled migrants wishing to
settle permanently in South Australia are able to access 12 weeks of subsidised
housing, but strict application guidelines apply. See the Immigration
SA web site for more information.
Alternatively you may wish to seek your own temporary accommodation - the
SA Tourism Accommodation
Search is a good place to start.
Property Market
Adelaide property is renowned for high capital growth but at prices considerably
lower than equivalent housing in Sydney and Melbourne. In June 2006, the median
house price in Adelaide was AU$321,000 - compared with AU$523,000
in Sydney and AU$352,000 in Melbourne - and the second lowest median house price
of all Australian capital cities (Source: REIS).
Buying a home in Adelaide has also been made easier due to the Commonwealth
Government's First Home Owners Grant and
the South Australian Government's HomeStart
Finance scheme. There are also Stamp Duty concessions depending on the cost
of the property you are buying.
If you are considering buying a home when you arrive in Australia, there may
be restrictions that apply. Temporary residents must gain permission from the
Foreign Investment Review Board to buy real estate in Australia. See the Department
of Immigration & Citizenship web site for more information.
For more information on housing values, see the section on Affordable
Housing on the Adelaide: Make the Move web site.
For tips on buying, building or selling a house in Adelaide, see the Office
of Business & Consumer Affairs web site.
Rental Market
While rental prices are relatively cheap in Adelaide, vacancy rates are also
low. In June 2006, the average price of renting a three bedroom house was $241,
and a two-bedroom unit cost $191 (Source: REISA). Before renting a property
you should read the tenancies information
on the Office of Business & Consumer Affairs web site.
Finding Accommodation
There are many resources for finding accommodation including real estate and
accommodation sections in the Saturday edition of Adelaide's newspaper The
Advertiser, and web sites such as realestate.com.au
and domain.com.au. You can also use the
Yellow Pages telephone directory
to find the contact details of various real estate agents in the area you want
to live.
Visitors
Family or friends may also wish to visit you in Adelaide, but if your home
is too small to accommodate them, they will need to find an alternative place
to stay. The SA Tourism Accommodation
Search is a good resource for temporary accommodation, such as hotel rooms
and self-contained apartments. You can also use this search engine to find accommodation
in tourist areas that you might want to visit on weekends or during your holiday
leave.
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