7/11 Wakefield Street, Kent Town SA 5067

Kent Town’s proximity to the CBD, universities, hospitals and the new Parkline luxury tower keeps rental and owner demand high as professionals and students seek walkable convenience. Houses have risen about 34% in the past year while the market reports zero listings and a vacancy around 1.6%, so momentum over the past six months remains positive even as units track down roughly 9%. Risk sits with the 2.5% yield on houses and softening units, yet scarce high-end offerings such as Parkline’s premium net-zero apartments let buyers lock into quality stock while broader CBD infill support keeps the suburb relevant.