Recent content by eightgrate

Glenelg is Excellent There is nothing wrong with Glenelg, just too many apartments build in such a short space of time. It has the best facilities in Adelaide outside the city, is 20 mins to the CBD and serviced by the tram, amazing beaches, cafes, restaurants etc etc. it really is Adelaide's...

Like I've said in earlier posts about the Port, its prices have already risen to factor in best case senarios. There is now a glut and a recent Adelaide Advertiser article highlights that people are losing some big bucks now as prices are coming back a bit in this area due to oversupply. This...

No it doesnt mean they are over paying in Bowden/Brompton, but what I was trying to say is the potential to make further substantial gains (e.g. for it to have a 2nd boom) arent very good as the area price has already factored in best case scenario. If you are looking for good capital gains...

How much developers pay for industrial land does not reflect the total cost of ownership. I know the Holdfast council recently sold a few thousand sq meters of land in Glenelg North for less than $150,000, but 2-3 million in clean up costs is needed as it is an ex Gas works site. The trick...

Give people a free block of land in either brompton or unley and 99% will choose Unley. Theres more to a suburb than proximity to the city.

Well if your silly enough to pay that much. Those prices have already factored on the best best case senario for the area, so not a lot to be made IMHO. In other words, the boat as been missed. Dont invest into an area thats boomed, fair enought if you want to live there at any cost. Over the...

Its Adelaide not Sydney! People need to realise the desire to buy real estate so close to the city is not so important in Adelaide. I can understand in Sydney where the suburbs sprawl and the traffic is bad. But Adelaide is a 30 minute city. If you live within 10km of the city you can get there...

Others to consider I wouldnt buy into one of those Kurralta Park style appartment blocks as when you sell/rent you want to appeal to students, single mums, retireees etc.These blocks dont appeal to most. Aside from the fringe suburbs there are some other good options all within 20 mins of...

It will take 1 decade+ for Port to be Ok Semaphore is OK and always has been as its right on the beach. Port Adelaide is a different story. You cant expect to build a few apartment blocks and all of a sudden the stigma and reputation has gone. The people who have always lived in Port Adelaide...

Buy when people are wanting to sell, not when people are wanting to buy. At the moment its a buyers market in Adelaide, that wont last too long once rates have stabalised. There is always more growth outside those forecasted areas. Everyone is saying Port Adelaide. Port will grow, but bet...

Glenelg North Whats people's opinion of Glenelg North? Seems to be a bit of development going on with lots of new homes replacing the post-war homes East of Tapleys Hill Rd. I couldnt believe it when I drove through the other day, its certainly picked up since I was last there. Its close to the...