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Why not? Don't tell me you are a sucker for the old furphy of "buying within 10km of the cbd". Year after year the cbd becomes less and less relevant in major cities. Adelaide is no different. Eventually the government will be forced to act on Elizabeth, there is already plenty of investment...

It will make prices go down.

Not a fan of Gawler either. Relative bought into Hewatt years ago - prices have gone nowhere and if not backward. The shops near the racecourse aren't much chop. I would prefer to build something in Playford Alive for half the price of buying in Hewatt, Evanston Park or Gawler - plenty...

you're kidding arent you. Adelaide people are so delusional about how bad it is to drive there. no north south expressway (although its comin along) traffic lights everywhere, its a nightmare. i would rather get the train for a long commute any day if i was still there. i dont think the...

All forms of investment are speculation I'd rather speculate in Adelaide with its low prices than in somewhere like a Sydney which could send you broke

There is nothing new or surprising in this, it's all old news. Everyone knows Adelaide has languished behind everywhere else for a long time, but it will get going eventually - I remember when everyone thought Brisbane and perth were backwater towns. The reality is, Adelaide has the cheapest...

It's out to tender now. It's already happening. The super way is finished, the southern expressway duplication is done and torrens to torrens is out to tender now and will start next year.

Adelaide will have its time to shine. They won't let it become another Detroit. Just need to get the NIMBY's out of the place. There is billions that needs to be spent upgrading South Road and the government will do it if only to stimulate the economy.

I guess I see it as a way of managing risk

Thanks the other one is a development site in Perth. Next time will be a unit, somewhere else maybe Brisbane.

Outer northern suburbs more details on settlement - not a development site but good yield

Just had an offer accepted on a property in Adelaide. After a fair bit of consideration decided in the end it represents good value when compared to Sydney and Melbourne. This will be IP no. 2.

I guess apart from the place getting trashed my only worry is the govt are practically giving away land in playford so wondering when if capital growth will happen ? The rental returns are good .

I am currently looking at buying my second ip in Elizabeth, I have one other in WA - anyone else looking there?