Recent content by ad5

I provided the link above in my earlier post.

The trend is edging higher is my point, now well above 20%. Of course we all need a place to live (own or rent), but the circumstances will surely not help yields or capital growth.

He would be one of the lucky ones. Its not just Holden having an impact in the area. SA unemployment now higher than TAS at 7.4%, and in the Elizabeth-Playford area a staggering 21.4% Anyone who thinks this sort of unemployment trend in the Elizabeth area wont have a negative impact on property...

Certainly not lasting long in that price bracket. I've been seeing anything below $500k in high demand, starts to slow down above that.

I understand how offsets work but not the scenario with an IO loan where the amount in the offset equals the loan. Would the bank simply not take out any repayments on the loan until it the offset account is less than loan amount?

Thanks for the info guys. The idea being it would be a separate equity loan. If I am making interest only repayments on the loan before it is used, I was hoping to be able to effectively get back those payments (by using offset) to have maximum cash available. e.g After 12 months of the...

I was thinking on refinancing my existing PPOR to get access to equity (take up to 80%) or a future property purpose. I currently have an offset account for our current loan. As an example, lets say I refinance and get access to an additional $100k. It may take a while to find this property...

Wow thanks for the info Brady and Cjay and sharing your experience burning. I really would prefer to buy before I sell as looking at the market and area of interest it could take a while to find our next property (12+ months) and I've seen people stuck in this situation in a moving market...

Looking to buy another property (PPOR) and then sell existing PPOR. In a scenario where one has 30% equity in their existing property (value 600k) and some cash savings, what would be the best option to explore if buying another property of approx same value and then selling existing. I have...

I'm just providing some info rather than making generalised statements. Care to share your sums based on the Northern Policy Area 13 (City of Marion Council) zoning and what developments can be approved on the size/frontage of the block? I would be interested to see.

Median house price in Plympton park is $427,000. Knowing the area this block is nearly twice the size of the average 700sqm block in the suburb. Don't compare this to the semis in the northern suburbs. Plympton Park is a well positioned suburb, along the tram line between the city (approx 7km...

Hi, I am looking to continue learning in this area and would like to know thoughts on courses available in Adelaide? I see WEA offer single session courses on various topics (approx $50 each), there is also a 6 session property investment course at Adelaide TAFE (approx $3k). Has anyone taken...

On Friday nights episode of Channel 10's show The Living Room, they had a segment on suburbs to boom across Australia. For Adelaide they met with Phil Harris (Harris Real Estate), his pick is West Croydon. You can view the episode here (if your patient enough to skip through to find the...

Of beachside suburbs only one really affected (from the main runway) is Glenelg North.

Yes my thoughts as well. I was thinking coastal, with many of Adelaide's more expensive suburbs along the coast. However the suburbs one back from the beach are a lot cheaper (still <2km of beach) and within easy reach of the amenities of these beach side suburbs (Glenelg, Brighton, Henley).