4/9 North Parade, Royal Park SA 5014

Royal Park demand is driven by its proximity to the West Lakes precinct, Adelaide CBD and Port Adelaide jobs, plus newer townhouses and affordability that appeal to renovators, families and yield-seeking investors. Buyers are drawn to the mix of under-updated stock that can be modernised and the steady rental growth that keeps yields attractive while houses only spend weeks on market. Risks include traffic congestion on game days, some local safety and upkeep concerns, and tight street parking, yet broad demand has nudged prices higher over the past six months, building on the double-digit annual gains recorded for houses and units.