Recent content by eKwatee

  1. eKwatee

    Caveat on property going to auction

    The Form 1 document will be on display at the Agents office 3 days prior to Auction and also available 30 minutes prior to the auction at the property. This Form 1 document will have an item that contains the information in relation to the caveat. It will clearly state if the Caveat will be...
  2. eKwatee

    Most fun jobs you've ever had

    I was a Postie with Australia Post, got to deliver the mail and the male. :D No seriously, this was one of the best jobs I ever had. 21 years of age racing around the streets on a little scooter. Had a round where hardly anyone cared for their lawns. My own little race track. Got to go...
  3. eKwatee

    New Realestate.com.au Search Layout

    The new layout frustrates the hell out of me when searching. It doesn't display any headings, in most cases half of the address is cut off. All you get is a picture, a price and half the address, its horrible and wastes so much time by having to click into the listing for further information...
  4. eKwatee

    Peoples thoughts on Adelaide?

    Yes. It frustrates the hell out of me. With no headings displayed, you have to click into the listing. Wastes so much time.
  5. eKwatee

    Peoples thoughts on Adelaide?

    Yes, there is definitely an under supply for houses in the North East of Adelaide at the moment. Units and apartments are taking a little longer to sell with less demand than houses. Just doing a basic search on re.com.au within individual suburbs, then doing the same search excluding those...
  6. eKwatee

    Peoples thoughts on Adelaide?

    With the fear of quoting myself and also quoting an article produced by 'The Advertiser' as 'The Advertisers' truth is often blurry, however the article did contain an interesting quote from 'The Wine Industry' from 'The Advertiser' full article here
  7. eKwatee

    Peoples thoughts on Adelaide?

    The older section of Pooraka still seems to be really good buying at the moment, I feel it's under valued in comparison to the surrounding suburbs. However I feel Montague Farm Estate is already performing really well and seen good growth, but I guess it depends what year you bought in to it.
  8. eKwatee

    Peoples thoughts on Adelaide?

    I know of at least two employers that want to, and are in the process of employing a young person, there's more incentive. As an example, I know an electrician that will now only employ younger apprentices because the government has changed the apprentice wage policy. It now costs him allot...
  9. eKwatee

    Peoples thoughts on Adelaide?

    I understand statistics etc. and why they are important. However I believe a large percentage of Adelaide's unemployed don't want to work. I also feel that because suburban Adelaide is an affordable place to live, you can live quite comfortably on unemployment benefits, especially if you are...
  10. eKwatee

    Mawson Lakes (Adelaide)

    I think $600 p.q. would be about the norm in Mawson Lakes, maybe even a little on the lower end. Depends on how the individual Corporation is set up, some do include the water, some don't. I have one apartment that has shared gas and water and that has a Strata fee of around $600 p.q. Don't...
  11. eKwatee

    Mawson Lakes (Adelaide)

    I own a few in there + have sold many there over the past 5 years. 'Touchwood' I've had almost nil vacancy, have always found a tenant to overlap the exiting tenant. I've also got one tenant that has been there for over 4 years and doesn't look like she will move out anytime soon. I slightly...
  12. eKwatee

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Plans are in motion to transform Elizabeth into the business powerhouse of Adelaide's northern suburbs. Elizabeth‬ is about to undergo a four hundred million dollar transformation to make it Adelaide's second CBD. News Article Here (Video)
  13. eKwatee

    "Shell" apartments

    From my experience, even so called experienced builders aren't very good at building apartments, imagine leaving it to the owners to finish them off for themselves.
  14. eKwatee

    Peoples thoughts on Adelaide?

    First off, it's not easy, it's hard work finding the deals, just like the hard work you put in researching the markets etc. I'm maxed out on my lending or believe me, I would have bought all of them myself, I'd be well along the road to retirement if I'd bought all the deals I've found for...
  15. eKwatee

    Peoples thoughts on Adelaide?

    I only ever buy for myself (never sell), however I've been involved in at least 11 deals, that have been both purchased and sold within suburban Adelaide in a 12 month period for a net profit by way of sub-division, reno or development and that's a clear net profit. Instead of spending all my...
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