Search results

That would not surprise me, I think the extended train line (only opened around 12 months ago I think?) has really opened up the transport options from Seaford.

Can't seem to find it now, but thought someone said there was only 800 left at the Holden factory? http://www.news.com.au/finance/business/more-job-cuts-at-holden-factory-in-elizabeth-as-sales-continue-to-slide/story-fnkgdhrc-1227312486624 And that reads to be only the production workers...

Doesn't need to be within 10kms (I'd prefer under 20km), but I think buying within reasonable commute time of the CBD opens up employment options for a tenant, which could be important if unemployment continues to climb in SA. There are also better amenities, better pools, beaches, parks...

Well I'll give it a crack ;) I hope to have a few under the belt myself, but think I've got a couple of years up my sleeve, no hurry.

I won't rule out buying this year if the right property comes along (read: an RE agent accepts my low ball offers :p), but yes I think 2016/2017 might be a good buying opportunity for Adelaide.

I reckon it's more like a mini 12 o'clock, with a 6 o'clock coming around 2016/2017, that said I don't expect prices to decline too far... http://www.bullionbaron.com/2015/04/australian-property-market-secular.html It has done over the last couple of years, but looking at Pete Wargent's...

http://petewargent.blogspot.com.au/2015/04/sydney-investor-loans-continue-to-power.html

I wouldn't buy a property that far out, but what do you think it would yield out of interest?

Bentley, would be useful if you could at least put the article (in whole or part) in between quote tags when posting so as to differentiate from user written content :)

Adelaide's seen a reasonable bounce over the last 2-3 years from the 2012 lows, but in my opinion there is more evidence of growth now rolling over again.

So based on a single auction result the whole of Adelaide is starting to run? Spruik somewhere else if you don't have anything more than an anecdotal story or two :rolleyes: Based on the RP Data indices, prices are lower than May 2014: http://www.corelogic.com.au/research/back-series.html...

Not low in comparison to today, but low compared with recent history at the time, there was a steep cutting cycle of rates over 2001 (6.25 to 4.25).

I've attached the AAGR for Adelaide since the mid 90s which should give you an idea of the cycles and where we are currently. In my opinion growth is rolling over, my expectation is one more dip lower (potentially to negative growth again or just to a low level of growth) into 2016/2017 which is...

Can you share the details? I highly doubt you are taking into consideration the real costs of ownership based on your numbers, but happy to be proven wrong. What size deposit was assumed in the scenario? Do the figures include financing stamp duty & LMI? Do your figures account for...

Fair points and good post 2FAST4U. You are right that problem tenants can be anywhere, but there's a reason landlords insurance is more expensive for Elizabeth compared with Unley.

I think Adelaide has been flat for too long to see a large correction, just don't see things picking up substantially across the board (or in the suburbs I'm watching at least) for another year or two, perhaps longer. Neutral/positive gearing shouldn't be the only consideration, I'm sure those...

From: http://petewargent.blogspot.com.au/2015/03/mining-manufacturing-and-motors.html Sounding like 2017-2018 might present a good buying opportunity.

This is your third post in the thread, all have been about me. A search on your entire post history shows 158 which include mention of the word "hobo", that's over 12% of your total. Find a new hobby.

The housos comment was tongue in cheek see_change. I've lived in Elizabeth, I still have family that live in Elizabeth. There are good people in Elizabeth, along with a lot of riff raff. I just wouldn't choose to invest out there. I would prefer daggy inner suburbs for the reason I mentioned...

That place at Semaphore would be good value at $500k IMO, but it's listed for auction, I'd be surprised if it doesn't sell for at least mid $500s. Something similar in Sydney would probably be $1.5m+. I really dig that retro interior, browns, greens, pink bathroom, mustard kitchen floor tiles...