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  1. Stangman

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Hi DT, Thanks. The area has everything we need and also close to the wife`s doctor. Added bonus is we will be very close to other family members. Hope everything pans out for you with your other purchase in the area. From TMNT - Hi TMNT, We plan to spend around 20k on the actual...
  2. Stangman

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Craigmore Property Reno Had the pleasure of meeting CJay a couple of weeks back. After he checked out our "in progress" reno, he took me around to see his freshly renovated Craigmore property. CJay has done an excellent job. Very nice paint job throughout in modern colours, beautiful...
  3. Stangman

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Hi CJ, Wow! Small world! Yes.. I would be very interested in checking out your property. Will be stuck in the office all of this week so if you are there on the weekend that would be great. How will I know which property is yours? By the same token feel free to drop in if you see us at the...
  4. Stangman

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    For Property Managers out North speak with - Mike Lao - Ray White Salisbury or Benjamin Watkins - Ray White Elizabeth or David Harvey - LJ Hooker Gawler All the above are excellent Property Managers in my opinion. Latest Purchase Settled on this fixer upper at Craigmore a couple...
  5. Stangman

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    No bloody way! Delicious Burger with the lot from Elizabeth North is only $7.50.;) Home delivery available for orders over $25 too. We have it good in Lizbef! Hope to have some good news in a few days about a fixer upper we are about to purchase. This one is not for the faint hearted...
  6. Stangman

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Really? Not so sure about that, although the North is certainly not a favourite area of mine. But a purchase price of 152k (before negotiation) for a property renting at $220-$225 per week does not sound too bad? I do prefer this one -...
  7. Stangman

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    That is excellent news for Adelaide`s North. Have noticed an uptrend in Commercial properties "For Lease "lately, so that announcement is timely indeed. Here are a couple of possible bargains in Craigmore. Built in 1979 for the Housing Trust and sold then to first home buyers for $30,000...
  8. Stangman

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Wow! That was quick. Or is it a case of the Agents not updating their listings?.. Again. Will go looking for another. Stangman.
  9. Stangman

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Always watching for a bargain, but there have not been too many lately - till this one just popped up - http://www.realestate.com.au/property-house-sa-elizabeth+east-116265627 At the listed price of 175-185 it will not last long. Prices are on the move. Do your own DD. Stangman.
  10. Stangman

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Anon, We put a 2.5Kw in the lounge room of our semi at the Vale. it does a great job of cooling ( and warming ) the lounge but you do not feel it in the kitchen/dining area. At the time of installation, the electrician fitted a second circuit for another split to be fitted at a later stage in...
  11. Stangman

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    The Saxon st Smifeeld I know normally has a lot going on - Drugs, Break- ins, fights, burnouts......... Unless it has changed dramatically, avoid it like the plague!:eek: Here is a cheapie for the renovators - but not for the faint hearted! Maybe a low cost reno and rent out for a few years...
  12. Stangman

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Anon, Congrats on your Pennington purchase. That is a nice quiet suburb. A while back you mentioned a property manager with reasonable charges around Elizabeth. Have you had a good experience with them, and if so could I please ask who thy are? Our semi at the Vale has become vacant and...
  13. Stangman

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Prices coming off the boil? After the buying frenzy a couple of months back things look to be slowing up a tad? This property at Elizabeth East was listed at 189k + a couple of months ago, now 179k plus - http://www.realestate.com.au/property-house-sa-elizabeth+east-114341723 Has had...
  14. Stangman

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Hmm... actually with the lack of stock on the market since the interst rate drops i do wonder if we are about to see prices increase in these areas. Could be just the right time to buy? Balch St is in an area known as " The New East". A tidy street in the subdivision. The property is not...
  15. Stangman

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Agreed - Those numbers are not great. How about something like this? http://www.realestate.com.au/property-house-sa-elizabeth+east-114341723 If it could be bought at 180k and rented at $245-$250 per week may be worth considering. Numbers would be much better. Stangman.
  16. Stangman

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    I have been watching this property for a few months now. It is in a nice quiet location. Looks to be nicely renovated inside. Verandah, carport and double garage are all pluses. Had thought it was overpriced at 229k, but at 200k, while it is closer to the mark - probably still about 10k...
  17. Stangman

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Snooze and you lose :( Yep.... Had my eye on 44 Ballard st, but was in no rush. Drove past last night coming home from work to see a huge red sold sticker on the for sale sign. Also notice the agent has not put an "Under Contract" or "Sold" notice on the realestate.com.au listing. Buggers...
  18. Stangman

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Hi Vas87, That is probably the reasoning with them doing the front yard landscaping then upping the price by 10k.;) The big difference between the 2 in my opinion is the en-suite, modernised kitchen, carport and verandah and sliding door in the dining room of no.31. But why oh why did they...
  19. Stangman

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Joeyv. I agree it seems to be good value for a renovator. But your link is not working. Lone Wolf, there is some movement in the area at the moment. Of those properties i mentioned in Ballard st - No.13 is now under contract. No.44 looks to still be on the market and if not for my wifes...
  20. Stangman

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    No.13 is one of the more radical designs of the era by the SAHT with the raked ceilings and exposed beams in the loungeroom. Still, i do not believe the photos do the house justice. They must have been taken at the height of summer. We were friends with the original owners Matt and Tracy...
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