District Council of Barossa

Population

23,558

Predicted Growth Performance

Since 2015, the Picki High Performance Growth algorithm has been selecting the best places to invest across Australia. Over that time it has been responsible for selecting over 400 million dollars worth of properties for property investors and has generated 110% higher capital growth when compared to the average.

Predicted Performance Rating

Top 71% of all areas

71%Good

Good New Projects Upcoming

Low New Home Construction

Em

Employment Diveristy
Poor

Manufacturing - 25.0%

Health Care and Social Assistance - 11.0%

Retail Trade - 10.0%

Accommodation and Food Services - 8.0%

Others - 46.0%

What is this

An assessment of which industry residents of this area are currently employed

Short Term Growth
Average
Long Term Growth
Poor
Importance to Growth

Diverse employment lowers the risk to us as investors if we have a slow down with one large employer or industry.

Income Growth
Poor

Average Income

What is this

An assessment of how Gross income figures per household are changing over time.

Short Term Growth
Good
Long Term Growth
Excellent
Importance to Growth

It is not the actual income figure that is important, it is the rate of change that helps to create opportunity for investors. If incomes in an area are growing strongly, then the area may be gentrifying leading to strong capital growth performance.

COMMUTE TIME

52mins

27.3 kms

Good
What is this

The average time it takes residents to commute to their place of employment - a useful assessment for metropolitan areas.

Short Term Growth
Poor
Long Term Growth
Good
Importance to Growth

When people are employed locally, the area becomes a place that residents typically stay put. Lower commute times demonstrate a scarce, well serviced area - a highly valued location.

28 Suburbs in District Council of Barossa

Ordered by Best Projected Short Term Growth (Green = Buying window)

Suburb Name
Asking Price
Yield
Penrice

$870.0k

10.1%

Angaston

$460.0k

11.5%

Cockatoo Valley

$800.0k

5.0%

Springton

$485.0k

6.4%

Altona (SA)

$300.0k

5.7%

Nuriootpa

$439.0k

4.7%

Kalbeeba

$1.1m

5.6%

Lyndoch

$546.0k

4.8%

Stockwell

$0

5.4%

Tanunda

$558.1k

4.6%

Bethany

$430.0k

1.2%

Eden Valley

$2.0k

2.7%

Pewsey Vale

$749.0k

4.0%

Light Pass

$2.0k

2.5%

Cromer (SA)

$1.4m

3.0%

Concordia

$0

3.2%

Krondorf

$950.0k

0.0%

Moculta

$799.0k

4.0%

Vine Vale

$0

0.0%

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