“Hip to be in The Square” by The Weekly Times Messenger

Luke Springer is at home in the middle.

The 25-year-old last week bought his first home, a $310,000 loft apartment, at The Square in Woodville West.

“Being located halfway between the city and the sea is perfect for me,” Mr Springer says.

“I work as a teacher at Henley Beach and, with the train nearby, it is only 20 minutes to the city.”

Mr Springer bought the two-bedroom apartment “off the plan” and expects to move in by June next year.

The apartment will be built as part of Stage 2 of the $150 million Woodville West development.

“When you see what they are doing in Woodville West and the surrounding suburbs it is a really exciting place to buy into,” Mr Springer says.

“At $310,000 the price was affordable but I am still able to easily get to everywhere I need to.”

Mr Springer – who rents an apartment at Woodville West – started looking at homes two years ago.

“But I was comfortable with my rental situation so I was happy to wait,” he says.

“The best advice I could give to prospective home buyers is to remain patient – you will know when you find the right property.”

Almost 60 houses were sold at Woodville West in the past 12 months, according to Core-Logic RP Data’s latest Market Trends Report. Houses were sold for an average of $465,000.

Buyers snapped up a further 25 units, at an average sale price of $387,500.

Harcourts sales consultant Greg Bolto says Woodville West suits young professionals such as Mr Springer.

“It is an established suburb with fantastic facilities nearby,” Mr Bolto says.

Author: Dan Jervis-Bardy

(Article attribution to: ‘The Weekly Times Messenger, Adelaide, Sourced on 15 July 2015, General News section′)