Question 1

Is Lightsview a nice place to live?

Accepted Answer

Lightsview is a relatively new, master-planned suburb in Adelaide’s northern suburbs, delivered by Renewal SA on a 100-hectare site with an $85 million investment. It features contemporary streetscapes and a compact mix of townhouses, apartments and freestanding homes set around a network of small parks, playgrounds and walking paths. The development includes a substantial wetland and park precinct with a formal lake and constructed wetlands, an adventure playground, new reserves and a named Lightsview Civic Place. Bus routes were integrated into the estate and there is local shopping, a cafe scene and community facilities, with ready access to larger retail and transport hubs in the northern corridor.

The suburb tends to attract young families and professionals seeking modern, low-maintenance housing close to urban conveniences; it also contains Wiltja boarding, a Department for Education boarding facility for First Nations students linked with Avenues College. Whether Lightsview suits you will come down to the kind of neighbourhood you want.

Question 2

Is it expensive to live in Lightsview?

Accepted Answer

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Question 3

Is Lightsview a good place to invest?

Accepted Answer

Over the past year Lightsview saw house values climb 11.6% and unit values rise 9.7%, with the increase in house prices the larger of the two. Those value changes reflect capital growth for the year and outpaced the rises in rent on both sides of the market.

House rents increased 6.3% and unit rents 5.5%, so rental income grew more modestly than prices did. If rental income is your priority, the rent figures are the most relevant; if capital growth is what you care about, the value changes are the figures to focus on. Whether that balance suits your goals and circumstances is for you to judge.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$863K	N/A
Change in value Past 12 months	11.6%	9.7%
Sold Past 3 months	32	2
Median days on market Past 12 months	59	57
Average rent Past 12 months	$670	$580
Change in rent Past 12 months	6.3%	5.5%

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