Professionals are set to open an office in the booming Adelaide Hills and Mount Barker region, which is exploding in popularity with young families looking to break into the housing market.
The Professionals Adelaide Hills co-principal and respected Adelaide property valuer Paul De Gilio said that with Adelaide’s growth constrained by its geographic location, the Mount Barker region had been earmarked by the State Government for residential expansion.
“With St Vincent Gulf to the west and the hills to the east, Adelaide has traditionally grown to the north and the south,” he said.
“However, in 2010 the State Government identified Mount Barker as part of Adelaide’s urban land supply to accommodate the population growth of Adelaide for the next 15 years.”
Under the plan, Mount Barker and Nairne could supply up to 7,000 new residences to help offset Adelaide’s expected growth.
“The area is attracting new home buyers and families looking to expand,” Mr De Gilio said. “The nearby South Eastern Freeway means it is only 40 minutes to the CBD, so it’s an attractive commute.
“Added to that you have the traditional housing market in the Adelaide Hills, which is one of the state’s most prestigious real estate precincts.”
Mr De Gilio will open the office with co-principal John Kennedy.
“We are absolutely thrilled to be able to team with The Professionals in this venture,” he said.
Professionals CEO David Crombie said the Adelaide Hills office would make a great addition to the team.
“Certainly Paul and John bring a lot of real estate credibility to the table, so we are hoping for some exciting news out of this office,” he said.
“Mount Barker and the Adelaide Hills are hugely popular areas for both new families and first-home buyers, or for established homeowners looking to upgrade.”