All About Piccadilly, Adelaide Hills, SA, 5151

The housing market in Piccadilly, located in the Adelaide Hills of South Australia, presents a unique blend of charming rural ambiance and accessibility to urban conveniences. Known for its picturesque landscapes, the area draws people who appreciate serene surroundings while staying within reach of Adelaide's city amenities. Housing options in Piccadilly range from quaint cottages to more modern residences, often set amid lush gardens and rolling hills. The market has experienced moderate growth, with a trend of increasing interest from those seeking a tranquil lifestyle close to nature. Buyers and renters are attracted by the charm of the Adelaide Hills and the sense of community, making it a desirable location for families and retirees alike.

Living in Piccadilly offers a peaceful and nature-centric lifestyle, characterized by fresh air, open spaces, and the beauty of nearby conservation parks and vineyards. Residents enjoy a close-knit community with local events and markets that foster a friendly atmosphere. The area's elevation provides cooler temperatures, which can be a welcome respite during the warmer months. Despite its rural feel, Piccadilly is just a short drive from the bustling city of Adelaide, providing easy access to shopping, dining, and cultural activities. This combination of rural tranquility and urban accessibility makes Piccadilly a compelling choice for those looking to enjoy the best of both worlds in the Adelaide Hills.

Piccadilly Real Estate Market Outlook

Thinking about buying in Piccadilly? Now could not be a better time, with just 210 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,370,000 with prices in this suburb ranging from $701,000 to $3,648,000. The aproximate distance to the coast is 18 Km.

Consistent high demand relative to supply is a key feature in Piccadilly driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Piccadilly ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Piccadilly classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Piccadilly requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!