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I've seen a few listings there talking about school zoning, is this part of the attraction?

Agreed but its interesting to get a local perspective. I look at a suburb like Paralowie which is slightly more expensive, the houses generally are in much better condition. The suburb seems to be owner occupiers and try to gain a better appreciation of the area compared to cheaper suburbs a...

Do you think Salisbury LGA has more potential than Elizabeth and surrounds? As a local does Salisbury have the same stigma in your opinion?

Would you feel more comfortable buying there if the market was up 40% in the last 5-7 years? Rents have continued to creep higher, whether the market has totally bottomed out only time will tell but it's easier buying somewhere at a point of maximum pessimism.

+1 By the time you consider your transaction costs there would likely be little gain, why only hold for 3 years?

Can you ring the bell before the start of the bull market then? I'd like to get a couple more there first

So does that mean you are considering buying late next year or 2017?

If I was looking for a glass half full the seasonal Feb loan figure has trended higher for several years since 2011, higher lows and higher highs Hobo? Or maybe not

Could you get a local pm to attend for a small fee? Might be worth trying

Make an appointment for tomorrow, advise the agent your serious etc etc but I wouldn't post on here IMO

Thats true it will be interesting to see how it plays out, whether very low rates will win vs a weak local economy

I don't recall personally having any svr with a 4 in front of them in 2001, high 5s? Maybe I was paying too much.

Maybe I got a honeymoon rate but my new policy which was building and LL insurance was just under $500, I was surprised it was that cheap for a property in Elizabeth and much cheaper than anything I have in Qld. I like to have quite a high excess so maybe that was the reason, some people like to...

Hobo you can get bad tenants anywhere, just because there is widespread social disadvantage doesn't necessarily mean problems IMO? That's what good PMs and insurance are for if you happen to be unlucky

It could potentially mean a larger number of renters in the outer northern suburbs due to lack of job security? It wouldn't surprise me over the next few years for yields to continue to increase but growth to be subdued until the market is swamped by investors again looking for a good yield and...

Well that's a bit depressing hobo, hopefully construction, services and education services can take up some of the slack. Difficult to tell how much of this is already priced into the market.

No worries, understood

Thought this was a Adelaide thread not hype the Sydney market to infinity thread!

Definitely not a positive, when developers have greatly increased supply in other locations it slows rental growth and CG IMO

Definitely don't want to catch a falling knife and fundamentals are important, but I always feel more comfortable buying when there is some D&G around. You have less competition, can negotiate price to some degree and are less likely to over pay so in some ways I see it as lower risk. Sentiment...