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  1. hobo-jo

    Adelaide suburban equivalents

    As Brady says there is a lot of development going on in the area, but also a lot of public housing and ex-housing trust. I don't know about that particular street, but another half dozen streets on from there toward WL Boulevard I have visited many times and it's not a pretty area, Elizabeth...
  2. hobo-jo

    Adelaide suburban equivalents

    Which was in relation to Adelaide's prospects for a price growth cycle which you mentioned on the first page as did the user who I quoted. If you want to believe that house price growth can just occur despite the prevailing economic fundamentals then you are welcome to your opinion as am I...
  3. hobo-jo

    Adelaide suburban equivalents

    This is a discussion forum see_change, my comments have been in response to others in the thread. If you aren't interested in hearing discussion from multiple points of view then maybe find yourself an echo chamber.
  4. hobo-jo

    Adelaide suburban equivalents

    All I know is that the PC has outlined far more automotive manufacturing jobs (circa 5000+) that are at risk in SA, not just those held directly with Holdens. http://www.pc.gov.au/projects/inquiry/automotive/position If you've seen reports that show only 1000 jobs will be lost in SA as a...
  5. hobo-jo

    Adelaide suburban equivalents

    You started with the irrelevance D.T. when branching off into auto service businesses when my post clearly stated "Holdens and related manufacturers". I was talking about parts manufacturers to begin with. This is a fair point, both Sydney and Perth took off after 5-6 year lulls (no nominal...
  6. hobo-jo

    Adelaide suburban equivalents

    Only mentioned twice due to a news story the next day reporting closure may come sooner. As per links in earlier post, there will be a larger impact due to automotive industry closing on a larger scale (Holdens / Toyota / Ford), the impact to SA will be far higher than 1,000 jobs...
  7. hobo-jo

    Adelaide suburban equivalents

    Agree and wasn't targeting the north specifically. Just pointing out SA/Adelaide has some economic realities to overcome before we will see a return to strong property price growth (in my opinion). SA is also facing a low population growth rate...
  8. hobo-jo

    Adelaide suburban equivalents

    Holdens closure may come early: http://www.macrobusiness.com.au/2014/08/car-industry-threatens-early-close/ http://www.theguardian.com/world/2014/mar/07/end-car-manufacturing-could-cost-39000-jobs By my rough calculations that would add around 1.3% to the unemployment rate for the state...
  9. hobo-jo

    Adelaide suburban equivalents

    Adelaide seems cheap when you look at nominal prices, but when you compare yields Adelaide is around middle of the pack: http://blog.residex.com.au/wp-content/uploads/2014/07/Table-1-June-Property-Market-Results1.jpg I agree with your sentiment, I think Adelaide residential property still...
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