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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    The last sale was a court ordered sale. Now owned by a company. It sold for 300k in 19-01-2009 Approximate CMA value if both properties were on similar sized land 30 Richardson Rd - 929m2 - $320,890 32 Richardson Rd - 614m2 - $275,331
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Wow! Those would be pretty good deals in my book, CJay. Buy a couple of those in super or loans and just let time do its thing..:D
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Sigh! How do you do it, TMNT? How do you get these killer low prices? I can only dream and idly wish, hahaha! Respect!:)
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    You are probably right, D.T :p Sorry, I didn't look at the houses details or the realestate descriptions, just only had a squiz at the recent property sold prices and land size on price finder
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Looking through some of the past sales, There have been some marvellous prices for Elizabeth recently. For example, a 3/1/1 at 145K for 934m of land is shockingly good Address: 6 TOLMER RD, ELIZABETH PARK, SA 5113 Last Sale: $145k @ 12/12/2013 Area: 934 m2 (100 m2) Map | Info This isn't...
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    That's an awesome price, TMNT! But awesome are just your usual purchases :p I bet it was a standalone house, I can't see how a semi could have been sold for $205k 4 years ago. How much land is your house on, may I ask?
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    I bought a triple-fronted brick veneer house for 169k on 897m land. I think there have been 2 children born in the house now, 2 staffies have been adopted and the weed crop is doing just fine! :D
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Triton drone surveillance fleet to be based at Edinburgh air force base in Adelaide http://www.abc.net.au/news/2014-03-13/drone-fleet-to-be-based-in-adelaide-triton-edinburgh/5317262 The cost of the project is expected to be between $1 billion and $3 billion, and the deployment will...
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    When I told DH this piece of news, he said with a very straight face, 'In this very tight rental market, a VACANCY has opened up!'
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Wolf-whistle! Sweet deal, Bez! :cool::cool: Mine's P & I at the moment, after 5 years of interest only Just been too busy (or lazy) to look for another Interest only loan. Brady, I might be knocking on your door soon :D:D:D Bez, which suburb of Elizabeth is your IP in?
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Hahahaha! I fully agree! :D:D:D:D
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Yes, I hear what you are saying, Brady. Definitely, a $10 rent rise this time round. We haven't paid the $1000 yet..... It was just that one year $5 rent rise, then another year no rent rise....just to give the tenant a reward for looking after the place and an incentive to warn us of small...
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Elizabeth East is a lot nicer and more genteel than Elizabeth Downs! :D I've been a bit kind to the tenants and kept the rent a bit below market rates. The couple is a young family who love dogs. The wife asked me one year if she keep another staffie whom she was adopting from an elderly...
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Hi strongy, you have a good point. To maximize return, subdividing the land and selling the house in front might be a good exit out. Or maybe keep the house in front for rental. I read on the forums that it's 80-90K for a 300-400m piece of land?
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Hi TNMT, bought it for 169K in 2007.
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    I've got a brick house on 897sqm of land in Elizabeth Downs. 2 staffies run riot in the large backyard. Currently rented out for $230 per week. Should I sell or subdivide it and build another house behind? Decisions, decisions :confused::(:cool:
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