Many Adelaide homeowners are expected to move out of their city residences in the coming years

Adelaide’s population forecast is expected to decline more than anywhere else in the state over the next three years. Here’s why.

Many Adelaide residents are expected to leave the city in search of a lifestyle change over the next three years.

A study by real estate investment firm Ripehouse Advisory finds that the city’s population forecast is expected to drop 3.34% – the largest drop across the state.

It was initially expected to increase by 11.75 percent over the next three years, but is now expected to increase by 8.41 percent.

The coronavirus pandemic was largely responsible for the change, with migration decreasing and more people are expected to look for changes in the sea and trees as working from home combined with occasional trips to the city becomes the new normal .

Adelaide resident Sarah Phillis doesn’t look as far as some.

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She has enjoyed living in her three bedroom townhouse on Daly St with her husband, son and dogs for the past six years, but said it was time for a change.

“It was so much fun because you are so close to everything – we could even walk to Adelaide Oval,” Ms Phillis said.

“But we’re ready for another change, we just think it’s a good time to do it.”

They return to Hazelwood Park, where they lived before settling in town.

Ms Phillis said it was a much quieter area but still had a lot to offer.

“We have Burnside Village there as well as some really nice parks,” she said.

Harris’ real estate agent Kris Casey said the health crisis had made people stop and think about what they wanted in a house.

“People want to simplify (their lives) and they determine what is important to them,” she said.

On the flip side, she said that many people who enjoy the city lifestyle or need to be there every day to work would seek to connect.

“People who visit these properties want more of their time back – you can walk everything,” Ms. Casey said.

Originally posted under the title Why some Adelaide residents should leave the city in the next few years


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Kevin T. McElroy

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