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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    It's simple really... 9% of the rent in Elizabeth at say $220/wk is $19.80. 5% of the rent in Sydney at $500/wk is $25. I know what I'd rather take on if I were a PM.
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    You'd **** in 3. The Playford Development Plan says they're looking for a MAX of 300m2 for Elizabeth East.
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Cheer Corey, will give them a go. Syringes wouldn't surprise me in general, but not in this instance. I believe the tenant is a born again Christian who doesn't drink or smoke, something of an anomaly for the area.
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Probably an outsider who'd never seen a freestanding house under $200k :p Any recommendations for a reasonably priced plumber in the Playford area? My tenant at Elizabeth Grove informs me the toilet has been blocked... for a month now. :eek:
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Bez, I see where you're coming from but 'way ahead' doesn't always equate to 'better'. People all have different ideas of what a nice place to live is. For me Adelaide is doing alright. It seems to be starting to modernise yet still retain the heritage and the wonderful natural environment so...
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    http://www.realestate.com.au/property-duplex+semi+detached-sa-elizabeth+grove-115334531 This pair has been on the market for over 12 months now. I think they were originally looking for $300k or just under but is looking better value at $250k. It comes off of the Affordable Homes Program in a...
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    I'm curious to know too. I've spent a while looking at the Playford Development Plan (650 pages) and the Vale seems to all be zoned Resi at the moment. Yet I can't see any hard and fast rules to minimum lot size. There's setbacks, site coverage, open space etc. Off the top of my head I can't...
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Waaaay overpriced.
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    I can't see it being a bad thing. As I've said previously, very few Holden employees actually live in the area. If anything there will be more demand for the Elizabeth Grove, South, East etc properties when we can no longer afford our houses in Craigmore etc. and move closer to the factory where...
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    I agree with Corey. I work at Holden and 90% of the people I know there live in Craigmore, Gawler, Paralowie. We are some of the highest paid workers in the area so it hardly makes sense to live in the cheapest areas.
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    How is that chart misleading when you claim 'North' represents Elizabeth? I personally think the people on Centrelink and rent assistance put a floor under the rental price and there is upside from the many good paying jobs nearby. How can you say there are no jobs when you have many of the...
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    That increase in the tax-free threshold is more of a headline than a beneficial change. Keep in mind that LITO (low income tax offset) is being abolished so there is is little to no net effect. The main benefit of it is that more people will not have to fill in a tax return. Just don't want...
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Your best bet is to keep reading here, you'll pick up a lot by comparing the different approaches people take and then be able to figure out what will work for your circumstances.
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Knock a few $K off this one and it could be a winner. http://www.realestate.com.au/property-duplex+semi+detached-sa-elizabeth+south-112299527 Looks very nice for that money with updated kitchen, bathroom and painted throughout. Bit of an awkward position on the block though...
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Without having seen the condition of the building that looks like a great buy! Only 100m to the bus stop, few hundred metres to Smithfield shops and a 5m drive to Munno Para. Also, being zoned Residential Regeneration you could probably develop a triplex when the house is at the end of it's...
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Yeah, the REA said the trust would replace the copper pipes out back and the stoves.
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    This pair of semis in Elizabeth Grove has recently come off the Affordable Homes Program and had a $20k price drop. Agent says offers above $250k are in with a good chance. A little unusual in that one is a 3 bedder and the other a 2 but should easily be CF+ until the time comes to redevelop...
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    The area is on the up in my opinion, but that's too expensive for a semi. I wouldn't even consider anything over $150k.
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    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Hi Wrenn, Congratulations on your first purchase. I gather you're talking about Porter St? Interesting property with the smoke room out the back, freestanding colourbond dunny in the middle of the yard and IIRC a shower in one of the BIRs? I quite liked it myself but felt it was more...
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